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BGB

Blackstone Strategic Credit 2027 Term Fund

100 hedge funds and large institutions have $275M invested in Blackstone Strategic Credit 2027 Term Fund in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 25

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

6% more capital invested

Capital invested by funds: $261M → $275M (+$14.4M)

1.37% more ownership

Funds ownership: 53.2%54.57% (+1.4%)

1% more funds holding

Funds holding: 99100 (+1)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
100
Holders Change
+1
Holders Change %
+1.01%
% of All Funds
1.46%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
15
Increased
34
Reduced
25
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$51.4M +$15M +1,369,533 +43%
CBA
2
Coastal Bridge Advisors
Connecticut
$45.4M +$2M +182,644 +5%
SIA
3
Sit Investment Associates
Minnesota
$15.7M -$99.7K -9,087 -0.7%
Pathstone Holdings
4
Pathstone Holdings
New Jersey
$13.6M +$13.2M +1,205,589 New
Bank of America
5
Bank of America
North Carolina
$12.7M +$613K +55,864 +5%
Wells Fargo
6
Wells Fargo
California
$12.6M +$843K +76,807 +7%
PCM
7
Penserra Capital Management
California
$12.2M +$821K +74,801 +7%
COLIM
8
City of London Investment Management
United Kingdom
$11.8M
RCM
9
Rivernorth Capital Management
Florida
$11M +$547K +49,882 +5%
GC
10
Guggenheim Capital
Illinois
$8.09M -$1.3M -118,914 -14%
IWC
11
Integrated Wealth Concepts
Massachusetts
$7.82M -$1.45M -131,775 -16%
HighTower Advisors
12
HighTower Advisors
Illinois
$4.36M +$64.6K +5,885 +2%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$3.61M +$1.02M +92,757 +41%
TCA
14
Transcend Capital Advisors
New Jersey
$3.3M +$1.94M +177,166 +154%
MFG
15
Merit Financial Group
Georgia
$2.96M +$157K +14,324 +6%
VCM
16
Vivaldi Capital Management
Illinois
$2.91M -$1.65M -150,187 -37%
LPL Financial
17
LPL Financial
California
$2.85M +$2.45M +223,521 +780%
NCM
18
Next Capital Management
New York
$2.68M -$20.9K -1,905 -0.8%
CIA
19
Capital Investment Advisors
Georgia
$2.67M +$100K +9,114 +4%
UBS Group
20
UBS Group
Switzerland
$2.2M -$28.9K -2,635 -1%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$2.08M
AGM
22
Alpine Global Management
New York
$2.04M +$910K +82,933 +85%
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$1.96M +$246K +22,438 +15%
AAM
24
Advisors Asset Management
Colorado
$1.94M -$349K -31,793 -16%
AA
25
AQR Arbitrage
Connecticut
$1.88M +$21.4K +1,953 +1%