Blackstone Strategic Credit 2027 Term Fund
BGB
80 hedge funds and large institutions have $238M invested in Blackstone Strategic Credit 2027 Term Fund in 2026 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 14 closing their positions.
1.3% more ownership
Funds ownership: 45.96% → 47.27% (+1.3%)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
2% less capital invested
Capital invested by funds: $242M → $238M (-$4.1M)
10% less funds holding
Funds holding: 89 → 80 (-9)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.4M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$4.96M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.67M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.37M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.79M |
| 2 |
LC
Lalia Capital
New York
|
-$1.75M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.62M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.44M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$868K |
BGB Hedge Fund Activity: Q1 2026 in Review
80 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q1 2026, worth a combined $238M — down 1.7% from $242M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BGB and 6 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 29 added.
The largest buyer was Sit Investment Associates, adding an estimated $8.4M. The largest seller was Royal Bank of Canada, cutting an estimated $1.79M.
- 80 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q1 2026, down from 89 in Q4 2025.
- Funds reported $238M of Blackstone Strategic Credit 2027 Term Fund stock for Q1 2026, down 1.7% quarter-over-quarter.
- 6 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q1 2026 and 14 closed out, a net change of -8 holders.
- The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q1 2026 was Sit Investment Associates, an estimated $8.4M added.
- The largest Blackstone Strategic Credit 2027 Term Fund seller in Q1 2026 was Royal Bank of Canada, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2026.