Blackstone Strategic Credit 2027 Term Fund
BGB
91 hedge funds and large institutions have $247M invested in Blackstone Strategic Credit 2027 Term Fund in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 26 reducing their positions, and 10 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 26
2% less funds holding
Funds holding: 93 → 91 (-2)
5.27% less ownership
Funds ownership: 50.1% → 44.83% (-5.3%)
7% less capital invested
Capital invested by funds: $266M → $247M (-$19.7M)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
Top Sellers
BGB Hedge Fund Activity: Q3 2024 in Review
91 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q3 2024, worth a combined $247M — down 7.4% from $266M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BGB and 9 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 34 added.
The largest buyer was Wells Fargo, adding an estimated $4.85M. The largest seller was Atlas Wealth, exiting entirely with an estimated $20.5M sold.
- 91 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q3 2024, down from 93 in Q2 2024.
- Funds reported $247M of Blackstone Strategic Credit 2027 Term Fund stock for Q3 2024, down 7.4% quarter-over-quarter.
- 9 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q3 2024 and 10 closed out, a net change of -1 holder.
- The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q3 2024 was Wells Fargo, an estimated $4.85M added.
- The largest Blackstone Strategic Credit 2027 Term Fund seller in Q3 2024 was Atlas Wealth, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2024.