Blackstone Strategic Credit 2027 Term Fund
BGB
79 hedge funds and large institutions have $237M invested in Blackstone Strategic Credit 2027 Term Fund in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 11 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 19
17% more capital invested
Capital invested by funds: $203M → $237M (+$34.7M)
6.28% more ownership
Funds ownership: 37.55% → 43.83% (+6.3%)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1% less funds holding
Funds holding: 80 → 79 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$34.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.92M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.94M |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$1.47M |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$791K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$3.64M |
| 2 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$3.01M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.88M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$706K |
BGB Hedge Fund Activity: Q2 2025 in Review
79 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q2 2025, worth a combined $237M — up 17% from $203M a quarter earlier.
Fund positioning in BGB was balanced in Q2 2025: 11 funds opened new positions, 11 closed out, 33 added to existing stakes and 19 trimmed.
The largest buyer was Coastal Bridge Advisors, opening a new position worth an estimated $34.2M. The largest seller was Pathstone Holdings, cutting an estimated $3.64M.
- 79 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q2 2025, down from 80 in Q1 2025.
- Funds reported $237M of Blackstone Strategic Credit 2027 Term Fund stock for Q2 2025, up 17% quarter-over-quarter.
- 11 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q2 2025 and 11 closed out, a net change of 0 holders.
- The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q2 2025 was Coastal Bridge Advisors, an estimated $34.2M added.
- The largest Blackstone Strategic Credit 2027 Term Fund seller in Q2 2025 was Pathstone Holdings, an estimated $3.64M sold.
Based on aggregated 13F filings for Q2 2025.