BLACKSTONE STRATEGIC CRED 20 BGB
COM SHS BEN IN · Closed-End Fund · CUSIP 09257R101
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.66.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 97 |
| Q1 2023 | 94 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 49 | 31 |
| Q1 2023 | 46 | 36 |
Biggest buyers
| Penserra Capital Management LLC | Added | +194.1k |
| Thomas J. Herzfeld Advisors, Inc. | New | +183.3k |
| MORGAN STANLEY | Added | +165.4k |
| Atlas Wealth LLC | Added | +112.2k |
| Coastal Bridge Advisors, LLC | Added | +110.4k |
| Tranquility Partners, LLC | New | +101.5k |
| WOLVERINE ASSET MANAGEMENT LLC | New | +68.5k |
| Allspring Global Investments Holdings, LLC | Added | +67.4k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +67.1k |
| AQR Arbitrage LLC | Added | +48.4k |
Biggest sellers
| GUGGENHEIM CAPITAL LLC | Reduced | -937.5k |
| BANK OF AMERICA CORP /DE/ | Reduced | -61.0k |
| Almitas Capital LLC | Sold out | -57.4k |
| FIRST TRUST ADVISORS LP | Reduced | -42.5k |
| Meteora Capital, LLC | Sold out | -39.9k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -24.8k |
| Invesco Ltd. | Reduced | -20.6k |
| OTA Financial Group L.P. | Sold out | -20.2k |
| Capital Investment Advisors, LLC | Reduced | -19.5k |
| BOOTHBAY FUND MANAGEMENT, LLC | Sold out | -18.7k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| SIT INVESTMENT ASSOCIATES INC 13G · institution new · filed 2026-04-06 | 6.2% |
| MORGAN STANLEY 13G · institution new · filed 2026-08-13 | 5.7% |
| Coastal Bridge Advisors, LLC 13G · passive investor new · filed 2026-10-09 | 5.1% |
Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (4.4%, 2026-02-12)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 1 | $556 | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Coastal Bridge Advisors, LLC 11.03% of their portfolio | 4.1m $43.6m | Added +110.4k |
| MORGAN STANLEY 0.00% of their portfolio | 3.1m $33.1m | Added +165.4k |
| Atlas Wealth LLC 3.24% of their portfolio | 1.6m $16.5m | Added +112.2k |
| SIT INVESTMENT ASSOCIATES INC 0.41% of their portfolio | 1.4m $15.2m | Added +45.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1m $11.8m | Added +38.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $11.5m | Reduced -61.0k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.85% of their portfolio | 1.0m $11.1m | Added +7.9k |
| Penserra Capital Management LLC 0.21% of their portfolio | 928.8k $9.9m | Added +194.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.46% of their portfolio | 894.7k $9.5m | Reduced -17.1k |
| GUGGENHEIM CAPITAL LLC 0.08% of their portfolio | 851.9k $9.1m | Reduced -937.5k |
| Integrated Wealth Concepts LLC 0.15% of their portfolio | 663.1k $7.1m | Added +4.8k |
| OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio | 512.1k $5.5m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 471.7k $5.0m | Added +67.4k |
| DEBUSSY CAPITAL MANAGEMENT LP 1.31% of their portfolio | 406.2k $4.3m | Added +2.3k |
| Invesco Ltd. 0.00% of their portfolio | 259.9k $2.8m | Reduced -20.6k |
| Next Capital Management LLC 1.29% of their portfolio | 250.6k $2.7m | Unchanged |
| Capital Investment Advisors, LLC 0.08% of their portfolio | 246.0k $2.6m | Reduced -19.5k |
| UBS Group AG 0.00% of their portfolio | 210.9k $2.2m | Added +3.7k |
| Saba Capital Management, L.P. 0.05% of their portfolio | 210.9k $2.2m | Added +11.1k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 207.8k $2.2m | Reduced -3.0k |
| Hennion & Walsh Asset Management, Inc. 0.13% of their portfolio | 202.5k $2.2m | Reduced -24.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 183.7k $2.0m | Added +21.5k |
| Thomas J. Herzfeld Advisors, Inc. 0.79% of their portfolio | 183.3k $2.0m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 164.2k $1.7m | Reduced -42.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 161.8k $1.7m | Added +44.3k |
| ICON ADVISERS INC/CO 0.43% of their portfolio | 158.8k $1.7m | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 136.1k $1.4m | Added +540 |
| Logan Stone Capital, LLC 0.57% of their portfolio | 134.2k $1.4m | Added +16.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 133.3k $1.4m | Added +19.2k |
| AQR Arbitrage LLC 0.04% of their portfolio | 115.6k $1.2m | Added +48.4k |
| Cresset Asset Management, LLC 0.02% of their portfolio | 113.5k $1.2m | Unchanged |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 106.2k $1.1m | Added +5.7k |
| Tranquility Partners, LLC 0.52% of their portfolio | 101.5k $1.1m | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 86.2k $918.1k | Added +11.5k |
| Selway Asset Management 0.42% of their portfolio | 81.2k $864.8k | Reduced -1.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 80.8k $861.0k | Added +67.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 68.5k $729.7k | New |
| Bulldog Investors, LLP 0.23% of their portfolio | 67.4k $717.5k | Added +31.8k |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 65.3k $695.6k | Reduced -471 |
| NewEdge Advisors, LLC 0.01% of their portfolio | 65.0k $694.6k | Reduced -2.3k |
| Advisory Services Network, LLC 0.02% of their portfolio | 63.9k $680.1k | Added +100 |
| Oder Investment Management, LLC 0.78% of their portfolio | 62.8k $668.4k | Added +2.0k |
| Snowden Capital Advisors LLC 0.03% of their portfolio | 62.3k $663.9k | Added +2.8k |
| HighTower Advisors, LLC 0.00% of their portfolio | 56.7k $603.0k | Added +1.4k |
| Stolper Co 0.25% of their portfolio | 55.3k $589.0k | Reduced -1.3k |
| FourThought Financial Partners, LLC 0.07% of their portfolio | 48.4k $515.3k | Added +4.6k |
| Cetera Investment Advisers 0.00% of their portfolio | 46.2k $491.8k | Added +25.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 45.0k $479.2k | Reduced -4.3k |
| Claybrook Capital, LLC 0.23% of their portfolio | 38.7k $412.2k | Added +2.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 35.1k $373.0k | Reduced -3.3k |
| VIRTUS ADVISERS, LLC 0.19% of their portfolio | 33.0k $351.8k | Reduced -85 |
| INVICTUS PRIVATE WEALTH, LLC 0.04% of their portfolio | 30.8k $327.7k | Reduced -2.7k |
| Round Rock Advisors LLC 0.12% of their portfolio | 29.5k $314.2k | Unchanged |
| INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio | 27.9k $296.9k | Added +17.0k |
| Summit Financial Wealth Advisors, LLC 0.07% of their portfolio | 26.8k $284.9k | Unchanged |
| ROTHSCHILD INVESTMENT LLC /IL 0.02% of their portfolio | 25.8k $275.0k | Unchanged |
| LEO BROKERAGE, LLC 0.04% of their portfolio | 25.3k $269.6k | First filing |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio | 24.5k $260.9k | Unchanged |
| Greytown Advisors Inc. 0.13% of their portfolio | 24.0k $255.4k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 20.4k $217.6k | Added +35 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 20.0k $213.0k | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 20.0k $213.0k | Added +19.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.6k $209.0k | New |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 19.2k $204.0k | Reduced -7.1k |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 17.7k $189.0k | Reduced -7.1k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 17.2k $182.8k | Added +2.9k |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 17.0k $180.7k | Added +56 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio | 16.4k $175.1k | Reduced -5.7k |
| Bramshill Investments, LLC 0.02% of their portfolio | 15.2k $161.3k | Added +207 |
| FirstPurpose Wealth LLC 0.08% of their portfolio | 15.0k $159.8k | Unchanged |
| Weiss Asset Management LP 0.01% of their portfolio | 14.8k $157.8k | New |
| Family Manage LLC 0.04% of their portfolio | 14.6k $155.2k | Reduced -11.4k |
| Twelve Points Wealth Management LLC 0.08% of their portfolio | 13.4k $143.2k | Reduced -2.4k |
| Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio | 12.5k $133.1k | Unchanged |
| Chicago Partners Investment Group LLC 0.01% of their portfolio | 12.3k $132.1k | New |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 12.1k $128.9k | Reduced -910 |
| JT Stratford LLC 0.04% of their portfolio | 12.0k $127.8k | Unchanged |
| Moors & Cabot, Inc. 0.01% of their portfolio | 10.4k $111.3k | Added +200 |
| Ironsides Asset Advisors, LLC 0.05% of their portfolio | 10.2k $108.4k | New |
| Graves Light Lenhart Wealth, Inc. 0.02% of their portfolio | 10.0k $106.5k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 6.7k $71.9k | Added +307 |
| Horrell Capital Management, Inc. 0.02% of their portfolio | 5.0k $53.0k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 3.6k $39.0k | Added +33 |
| Elequin Capital, LP 0.02% of their portfolio | 2.4k $25.7k | Reduced -5.3k |
| Pinnacle Financial Partners Inc 0.00% of their portfolio | 2.2k $23.8k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.8k $19.2k | Unchanged |
| M&R CAPITAL MANAGEMENT INC 0.00% of their portfolio | 1.6k $17.3k | Reduced -1.6k |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 1.5k $16.0k | Unchanged |
| Eagle Bay Advisors LLC 0.00% of their portfolio | 554 $5.9k | Reduced -572 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 500 $5.3k | Unchanged |
| Gradient Investments LLC 0.00% of their portfolio | 275 $2.9k | Unchanged |
| Hexagon Capital Partners LLC 0.00% of their portfolio | 100 $1.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6 $0 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |