We are live on ! Find out more
BGB

Blackstone Strategic Credit 2027 Term Fund
BGB

80 hedge funds and large institutions have $203M invested in Blackstone Strategic Credit 2027 Term Fund in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

7.83% less ownership

Funds ownership: 45.37% → 37.55% (-7.8%)

11% less funds holding

Funds holding: 90 → 80 (-10)

18% less capital invested

Capital invested by funds: $248M → $203M (-$45.3M)

22% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 32

64% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 14

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
80
Holders Change
-10
Holders Change %
-11.11%
% of All Funds
1.07%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
5
Increased
25
Reduced
32
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
SIA
Sit Investment Associates
Minnesota
+$4.07M
2
Bank of America
Bank of America
North Carolina
+$3.65M
3
Morgan Stanley
Morgan Stanley
New York
+$3.65M
4
RF
Robbins Farley
New Hampshire
+$1.4M
5
CAM
Cresset Asset Management
Illinois
+$1.24M

Top Sellers

1
CBA
Coastal Bridge Advisors
Connecticut
-$40M
2
Pathstone Holdings
Pathstone Holdings
New Jersey
-$6.34M
3
PCM
Penserra Capital Management
California
-$5.08M
4
TJHA
Thomas J. Herzfeld Advisors
Florida
-$2.02M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$1.79M
Name Holding Trade Value Shares
Change 		Change in
Stake
WLPWM
51
Walled Lake Planning & Wealth Management
Illinois
$230K – – –
IFG
52
Independent Financial Group
California
$222K -$255K -20,774 -53%
SFWA
53
Summit Financial Wealth Advisors
Louisiana
$219K – – –
AWM
54
Avior Wealth Management
Nebraska
$218K -$50K -4,071 -18%
EFS
55
Essex Financial Services
Connecticut
$201K +$1.29K +105 +0.6%
AWM
56
Apollon Wealth Management
South Carolina
$191K +$45.7K +3,723 +31%
SA
57
Sanctuary Advisors
Indiana
$163K -$43.1K -3,507 -21%
NFG
58
Nations Financial Group
Iowa
$163K – – –
KFGK
59
Keystone Financial Group (Kentucky)
Kentucky
$155K -$4.83K -393 -3%
CCFM
60
Clear Creek Financial Management
Washington
$144K -$5.6K -456 -4%
Janney Montgomery Scott
61
Janney Montgomery Scott
Pennsylvania
$142K +$3.51K +286 +2%
M&T Bank
62
M&T Bank
New York
$137K +$139K +11,306 New
MWM
63
Melfa Wealth Management
Massachusetts
$135K – – –
LWL
64
Leo Wealth LLC
Texas
$130K – – –
TPWM
65
Twelve Points Wealth Management
Massachusetts
$123K – – –
GLLW
66
Graves Light Lenhart Wealth
Virginia
$121K – – –
Comerica Bank
67
Comerica Bank
Texas
$88.1K -$4.35K -354 -5%
CSPIA
68
Cary Street Partners Investment Advisory
Virginia
$77.3K – – –
CA
69
CoreCap Advisors
Michigan
$68.9K – – –
HCM
70
Horrell Capital Management
Arkansas
$60.4K – – –
SWM
71
Spire Wealth Management
Virginia
$30.2K -$36.9K -3,000 -55%
Bessemer Group
72
Bessemer Group
New Jersey
$25K -$5.18K -422 -17%
PTC
73
Private Trust Company
Ohio
$21.7K – – –
EC
74
Elequin Capital
New York
$18.1K -$85.4K -6,952 -82%
PNC Financial Services Group
75
PNC Financial Services Group
Pennsylvania
$12.1K +$12.3K +1,000 New
1 2
3
4

BGB Hedge Fund Activity: Q1 2025 in Review

80 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q1 2025, worth a combined $203M — down 18% from $248M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BGB and 5 opened new positions — a net loss of 9 holders — while 32 trimmed existing stakes and 25 added.

The largest buyer was Sit Investment Associates, opening a new position worth an estimated $4.07M. The largest seller was Coastal Bridge Advisors, exiting entirely with an estimated $40M sold.

  • 80 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q1 2025, down from 90 in Q4 2024.
  • Funds reported $203M of Blackstone Strategic Credit 2027 Term Fund stock for Q1 2025, down 18% quarter-over-quarter.
  • 5 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q1 2025 and 14 closed out, a net change of -9 holders.
  • The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q1 2025 was Sit Investment Associates, an estimated $4.07M added.
  • The largest Blackstone Strategic Credit 2027 Term Fund seller in Q1 2025 was Coastal Bridge Advisors, an estimated $40M sold.

Based on aggregated 13F filings for Q1 2025.