Blackstone Strategic Credit 2027 Term Fund
BGB
81 hedge funds and large institutions have $241M 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, 33 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.66% less ownership
Funds ownership: 45.37% → 44.71% (-0.66%)
3% less capital invested
Capital invested by funds: $248M → $241M (-$6.65M)
10% less funds holding
Funds holding: 90 → 81 (-9)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.65M |
| 3 |
Morgan Stanley
New York
|
+$3.65M |
| 4 |
RF
Robbins Farley
Bedford,
New Hampshire
|
+$1.4M |
| 5 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$6.34M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.08M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.02M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.79M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
BGB Hedge Fund Activity: Q1 2025 in Review
81 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q1 2025, worth a combined $241M — down 2.7% from $248M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BGB and 5 opened new positions — a net loss of 8 holders — while 33 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 Pathstone Holdings, cutting an estimated $6.34M.
- 81 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q1 2025, down from 90 in Q4 2024.
- Funds reported $241M of Blackstone Strategic Credit 2027 Term Fund stock for Q1 2025, down 2.7% quarter-over-quarter.
- 5 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q1 2025 and 13 closed out, a net change of -8 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 Pathstone Holdings, an estimated $6.34M sold.
Based on aggregated 13F filings for Q1 2025.