We are live on ! Find out more
BGB

Blackstone Strategic Credit 2027 Term Fund
BGB

80 hedge funds and large institutions have $250M invested in Blackstone Strategic Credit 2027 Term Fund in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.37% more ownership

Funds ownership: 42.38% → 42.76% (+0.37%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

2% less capital invested

Capital invested by funds: $257M → $250M (-$6.32M)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

7% less funds holding

Funds holding: 86 → 80 (-6)

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

Holders
80
Holders Change
-6
Holders Change %
-6.98%
% of All Funds
1.26%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
6
Increased
26
Reduced
28
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
GC
Guggenheim Capital
Illinois
+$2.89M
2
Morgan Stanley
Morgan Stanley
New York
+$2.58M
3
PPA
Parametric Portfolio Associates
Washington
+$2.19M
4
CIA
Capital Investment Advisors
Georgia
+$1.88M
5
CBA
Coastal Bridge Advisors
Connecticut
+$1.59M

Top Sellers

1
PCM
Penserra Capital Management
California
-$3.52M
2
SIA
Sit Investment Associates
Minnesota
-$3.4M
3
RCM
Rivernorth Capital Management
Florida
-$1.9M
4
UBS Group
UBS Group
Switzerland
-$1.67M
5
SCM
Saba Capital Management
New York
-$1.11M
Name Holding Trade Value Shares
Change 		Change in
Stake
HNWAG
76
High Net Worth Advisory Group
Florida
$19K +$343 +26 +2%
CHA
77
Carmichael Hill & Associates
Maryland
$17K – – –
WB
78
Webster Bank
Connecticut
$16K – – –
PNC Financial Services Group
79
PNC Financial Services Group
Pennsylvania
$7K – – –
GI
80
Gradient Investments
Minnesota
$4K – – –
MCC
81
Money Concepts Capital
Florida
$3K +$2.64K +200 New
IA
82
IFP Advisors
Florida
$1K +$383 +29 New
RCM
83
Robinson Capital Management
Michigan
– -$893K -65,839 Closed
WWMSC
84
Wagner Wealth Management (South Carolina)
South Carolina
– -$847K -62,813 Closed
Jane Street
85
Jane Street
New York
– -$648K -48,034 Closed
BCM
86
Bluefin Capital Management
New York
– -$275K -20,374 Closed
HF
87
HRT Financial
New York
– -$171K -12,678 Closed
Nomura Holdings
88
Nomura Holdings
Japan
– -$148K -11,000 Closed
AF
89
Advisornet Financial
Minnesota
– -$50K -3,700 Closed
PMFA
90
Plante Moran Financial Advisors
Michigan
– -$49K -3,650 Closed
WAM
91
Wolverine Asset Management
Illinois
– -$16K -1,214 Closed
CA
92
Centerpoint Advisors
Massachusetts
– -$1K -84 Closed
1 2 3
4

BGB Hedge Fund Activity: Q1 2022 in Review

80 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q1 2022, worth a combined $250M — down 2.5% from $257M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of BGB and 6 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 26 added.

The largest buyer was Guggenheim Capital, adding an estimated $2.89M. The largest seller was Penserra Capital Management, cutting an estimated $3.52M.

  • 80 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q1 2022, down from 86 in Q4 2021.
  • Funds reported $250M of Blackstone Strategic Credit 2027 Term Fund stock for Q1 2022, down 2.5% quarter-over-quarter.
  • 6 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q1 2022 and 11 closed out, a net change of -5 holders.
  • The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q1 2022 was Guggenheim Capital, an estimated $2.89M added.
  • The largest Blackstone Strategic Credit 2027 Term Fund seller in Q1 2022 was Penserra Capital Management, an estimated $3.52M sold.

Based on aggregated 13F filings for Q1 2022.