Blackstone Strategic Credit 2027 Term Fund
BGB
86 hedge funds and large institutions have $258M invested in Blackstone Strategic Credit 2027 Term Fund in 2026 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $238M → $258M (+$19.9M)
8% more funds holding
Funds holding: 80 → 86 (+6)
3.78% more ownership
Funds ownership: 47.27% → 51.05% (+3.8%)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$10.6M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.97M |
| 3 |
Morgan Stanley
New York
|
+$3.53M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.61M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.58M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.81M |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.18M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.21M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.14M |
BGB Hedge Fund Activity: Q2 2026 in Review
86 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q2 2026, worth a combined $258M — up 8.3% from $238M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BGB positions and 6 closed out — a net gain of 7 holders — while 28 added to existing stakes and 27 trimmed.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $10.6M. The largest seller was Bank of America, cutting an estimated $3.58M.
- 86 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q2 2026, up from 80 in Q1 2026.
- Funds reported $258M of Blackstone Strategic Credit 2027 Term Fund stock for Q2 2026, up 8.3% quarter-over-quarter.
- 13 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q2 2026 and 6 closed out, a net change of +7 holders.
- The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q2 2026 was Atlas Wealth, an estimated $10.6M added.
- The largest Blackstone Strategic Credit 2027 Term Fund seller in Q2 2026 was Bank of America, an estimated $3.58M sold.
Based on aggregated 13F filings for Q2 2026.