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 ≈ $10.93.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 97 |
| Q1 2023 | 94 |
| Q2 2023 | 98 |
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 |
| Q2 2023 | 40 | 38 |
Biggest buyers
| Integrated Wealth Concepts LLC | Added | +202.4k |
| Merit Financial Group, LLC | New | +192.6k |
| Allspring Global Investments Holdings, LLC | Added | +127.2k |
| MORGAN STANLEY | Added | +114.2k |
| Atlas Wealth LLC | Added | +105.4k |
| AQR Arbitrage LLC | Added | +63.1k |
| Penserra Capital Management LLC | Added | +61.7k |
| Almitas Capital LLC | New | +61.4k |
| Bulldog Investors, LLP | Added | +54.0k |
| Weiss Asset Management LP | Added | +54.0k |
Biggest sellers
| OAKTREE CAPITAL MANAGEMENT LP | Sold out | -512.1k |
| Saba Capital Management, L.P. | Reduced | -137.6k |
| Logan Stone Capital, LLC | Reduced | -90.1k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -68.5k |
| WELLS FARGO & COMPANY/MN | Reduced | -62.7k |
| GUGGENHEIM CAPITAL LLC | Reduced | -56.8k |
| ICON ADVISERS INC/CO | Reduced | -53.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -43.3k |
| Invesco Ltd. | Reduced | -42.8k |
| SIT INVESTMENT ASSOCIATES INC | Reduced | -37.6k |
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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-26 | McKemie Gordon Portfolio Manager | Bought | $123.0k11.5k shares |
| 2023-06-22 | McKemie Gordon Portfolio Manager | Bought | $191.2k18.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Coastal Bridge Advisors, LLC 11.07% of their portfolio | 4.1m $45.2m | Added +36.2k |
| MORGAN STANLEY 0.00% of their portfolio | 3.2m $35.3m | Added +114.2k |
| Atlas Wealth LLC 3.34% of their portfolio | 1.7m $18.2m | Added +105.4k |
| SIT INVESTMENT ASSOCIATES INC 0.40% of their portfolio | 1.4m $15.2m | Reduced -37.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.0m $11.4m | Reduced -62.7k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.92% of their portfolio | 1.0m $11.4m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $11.3m | Reduced -43.3k |
| Penserra Capital Management LLC 0.21% of their portfolio | 990.6k $10.8m | Added +61.7k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.51% of their portfolio | 936.1k $10.2m | Added +41.4k |
| Integrated Wealth Concepts LLC 0.16% of their portfolio | 865.6k $9.5m | Added +202.4k |
| GUGGENHEIM CAPITAL LLC 0.07% of their portfolio | 795.1k $8.7m | Reduced -56.8k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 598.9k $6.5m | Added +127.2k |
| DEBUSSY CAPITAL MANAGEMENT LP 1.35% of their portfolio | 400.4k $4.4m | Reduced -5.8k |
| Next Capital Management LLC 1.23% of their portfolio | 243.1k $2.7m | Reduced -7.5k |
| Capital Investment Advisors, LLC 0.08% of their portfolio | 232.9k $2.5m | Reduced -13.1k |
| Invesco Ltd. 0.00% of their portfolio | 217.1k $2.4m | Reduced -42.8k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 204.4k $2.2m | Reduced -3.4k |
| Merit Financial Group, LLC 0.07% of their portfolio | 192.6k $2.1m | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 183.7k $2.0m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 179.0k $2.0m | Reduced -31.9k |
| AQR Arbitrage LLC 0.08% of their portfolio | 178.7k $2.0m | Added +63.1k |
| Hennion & Walsh Asset Management, Inc. 0.11% of their portfolio | 173.0k $1.9m | Reduced -29.5k |
| Thomas J. Herzfeld Advisors, Inc. 0.71% of their portfolio | 162.8k $1.8m | Reduced -20.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 157.4k $1.7m | Reduced -6.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 156.7k $1.7m | Added +23.4k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 148.2k $1.6m | Added +12.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 139.2k $1.5m | Reduced -22.6k |
| Bulldog Investors, LLP 0.44% of their portfolio | 121.4k $1.3m | Added +54.0k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 113.5k $1.2m | Unchanged |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 110.8k $1.2m | Added +4.5k |
| ICON ADVISERS INC/CO 0.29% of their portfolio | 105.3k $1.2m | Reduced -53.6k |
| Tranquility Partners, LLC 0.48% of their portfolio | 101.5k $1.1m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 91.4k $999.2k | Added +10.6k |
| Snowden Capital Advisors LLC 0.03% of their portfolio | 84.0k $917.6k | Added +21.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 83.2k $909.2k | Reduced -3.0k |
| Selway Asset Management 0.38% of their portfolio | 79.8k $872.3k | Reduced -1.4k |
| Saba Capital Management, L.P. 0.03% of their portfolio | 73.3k $800.6k | Reduced -137.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 72.8k $791.0k | Added +16.1k |
| Weiss Asset Management LP 0.10% of their portfolio | 68.8k $752.4k | Added +54.0k |
| NewEdge Advisors, LLC 0.01% of their portfolio | 68.3k $746.3k | Added +3.3k |
| Oder Investment Management, LLC 0.75% of their portfolio | 62.7k $684.8k | Reduced -99 |
| Advisory Services Network, LLC 0.02% of their portfolio | 62.1k $679.1k | Reduced -1.7k |
| Almitas Capital LLC 0.29% of their portfolio | 61.4k $684.0k | New |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 60.2k $657.6k | Reduced -5.2k |
| Cetera Investment Advisers 0.01% of their portfolio | 55.6k $607.6k | Added +9.4k |
| Stolper Co 0.25% of their portfolio | 54.4k $594.0k | Reduced -882 |
| FourThought Financial Partners, LLC 0.07% of their portfolio | 50.8k $555.4k | Added +2.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 48.2k $526.4k | Added +3.2k |
| Claybrook Capital, LLC 0.26% of their portfolio | 44.9k $490.7k | Added +6.2k |
| Logan Stone Capital, LLC 0.16% of their portfolio | 44.2k $482.6k | Reduced -90.1k |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 39.8k $436.4k | New |
| INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio | 37.3k $407.4k | Added +9.4k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.03% of their portfolio | 32.7k $357.6k | New |
| INVICTUS PRIVATE WEALTH, LLC 0.04% of their portfolio | 30.7k $335.9k | Reduced -43 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 29.6k $323.0k | Reduced -5.5k |
| Round Rock Advisors LLC 0.12% of their portfolio | 29.5k $322.4k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 28.6k $312.4k | New |
| Bison Wealth, LLC 0.05% of their portfolio | 26.4k $288.7k | New |
| VIRTUS ADVISERS, LLC 0.17% of their portfolio | 26.4k $288.7k | Reduced -6.6k |
| Summit Financial Wealth Advisors, LLC 0.07% of their portfolio | 26.2k $286.9k | Reduced -500 |
| ROTHSCHILD INVESTMENT LLC /IL 0.02% of their portfolio | 25.8k $282.0k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 25.4k $277.2k | Added +4.9k |
| LEO BROKERAGE, LLC 0.03% of their portfolio | 25.3k $276.7k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 25.0k $273.4k | First filing |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 24.8k $271.0k | Added +7.1k |
| Greytown Advisors Inc. 0.14% of their portfolio | 24.0k $262.1k | Unchanged |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 20.5k $224.0k | Added +1.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.6k $214.3k | Unchanged |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.10% of their portfolio | 19.1k $208.5k | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio | 17.5k $191.5k | Added +1.1k |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 17.2k $187.8k | Added +219 |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 17.2k $187.6k | Unchanged |
| Bramshill Investments, LLC 0.01% of their portfolio | 15.0k $164.2k | Reduced -128 |
| FirstPurpose Wealth LLC 0.07% of their portfolio | 15.0k $163.9k | Unchanged |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% of their portfolio | 14.3k $156.5k | Reduced -10.2k |
| Keystone Financial Group 0.03% of their portfolio | 13.7k $150.1k | First filing |
| Twelve Points Wealth Management LLC 0.08% of their portfolio | 13.4k $147.0k | Unchanged |
| Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio | 12.5k $136.6k | Unchanged |
| Ironsides Asset Advisors, LLC 0.06% of their portfolio | 12.4k $134.5k | Added +2.2k |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 12.1k $132.3k | Unchanged |
| JT Stratford LLC 0.04% of their portfolio | 12.0k $131.2k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.12% of their portfolio | 11.2k $122.1k | New |
| Walleye Capital LLC 0.00% of their portfolio | 10.5k $114.7k | New |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 10.0k $109.3k | Unchanged |
| Meteora Capital, LLC 0.02% of their portfolio | 10.0k $109.3k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 5.9k $64.4k | Reduced -860 |
| Horrell Capital Management, Inc. 0.02% of their portfolio | 5.0k $55.0k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 4.0k $44.0k | Added +342 |
| Pinnacle Financial Partners Inc 0.00% of their portfolio | 2.2k $24.4k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.8k $19.7k | Unchanged |
| M&R CAPITAL MANAGEMENT INC 0.00% of their portfolio | 1.6k $17.8k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 1.5k $16.4k | Unchanged |
| Eagle Bay Advisors LLC 0.00% of their portfolio | 554 $6.1k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 500 $5.5k | Unchanged |
| Gradient Investments LLC 0.00% of their portfolio | 275 $3.0k | Unchanged |
| Hexagon Capital Partners LLC 0.00% of their portfolio | 100 $1.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 16 $175 | Added +10 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |