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 ≈ $10.99.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 97 |
| Q1 2023 | 94 |
| Q2 2023 | 98 |
| Q3 2023 | 100 |
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 |
| Q3 2023 | 45 | 37 |
Biggest buyers
| ADVISOR PARTNERS II, LLC | New | +341.4k |
| HighTower Advisors, LLC | Added | +307.0k |
| Alpine Global Management, LLC | New | +195.2k |
| Allspring Global Investments Holdings, LLC | Added | +113.9k |
| TRANSCEND CAPITAL ADVISORS, LLC | Added | +82.0k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +69.1k |
| Merit Financial Group, LLC | Added | +54.9k |
| Atlas Wealth LLC | Added | +47.1k |
| GUGGENHEIM CAPITAL LLC | Added | +38.5k |
| BANK OF AMERICA CORP /DE/ | Added | +30.3k |
Biggest sellers
| Coastal Bridge Advisors, LLC | Reduced | -303.1k |
| Snowden Capital Advisors LLC | Reduced | -72.9k |
| MORGAN STANLEY | Reduced | -51.0k |
| Logan Stone Capital, LLC | Sold out | -44.2k |
| Integrated Wealth Concepts LLC | Reduced | -42.8k |
| JPMORGAN CHASE & CO | Sold out | -28.6k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -26.0k |
| ROTHSCHILD INVESTMENT LLC /IL | Sold out | -25.8k |
| ICON ADVISERS INC/CO | Reduced | -25.3k |
| Rockefeller Capital Management L.P. | Sold out | -25.0k |
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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 1 | $1.3k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-28 | Naratil Valerie Public Relations Officer | Bought | $1.3k120 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Coastal Bridge Advisors, LLC 11.29% of their portfolio | 3.8m $42.1m | Reduced -303.1k |
| MORGAN STANLEY 0.00% of their portfolio | 3.2m $34.9m | Reduced -51.0k |
| Atlas Wealth LLC 3.50% of their portfolio | 1.7m $18.7m | Added +47.1k |
| SIT INVESTMENT ASSOCIATES INC 0.42% of their portfolio | 1.4m $15.4m | Added +11.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $11.7m | Added +30.3k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 1.00% of their portfolio | 1.0m $11.4m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.0m $11.4m | Reduced -3.3k |
| Penserra Capital Management LLC 0.23% of their portfolio | 1.0m $11.1m | Added +15.3k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.53% of their portfolio | 923.4k $10.1m | Reduced -12.7k |
| GUGGENHEIM CAPITAL LLC 0.08% of their portfolio | 833.6k $9.2m | Added +38.5k |
| Integrated Wealth Concepts LLC 0.16% of their portfolio | 822.7k $9.0m | Reduced -42.8k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 712.8k $7.8m | Added +113.9k |
| DEBUSSY CAPITAL MANAGEMENT LP 1.44% of their portfolio | 401.0k $4.4m | Added +639 |
| HighTower Advisors, LLC 0.01% of their portfolio | 379.8k $4.2m | Added +307.0k |
| ADVISOR PARTNERS II, LLC 0.15% of their portfolio | 341.4k $3.8m | New |
| Merit Financial Group, LLC 0.09% of their portfolio | 247.5k $2.7m | Added +54.9k |
| Next Capital Management LLC 1.19% of their portfolio | 238.4k $2.6m | Reduced -4.8k |
| Capital Investment Advisors, LLC 0.07% of their portfolio | 226.6k $2.5m | Reduced -6.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 225.8k $2.5m | Added +69.1k |
| Invesco Ltd. 0.00% of their portfolio | 219.4k $2.4m | Added +2.3k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 203.6k $2.2m | Reduced -808 |
| UBS Group AG 0.00% of their portfolio | 197.3k $2.2m | Added +18.3k |
| Alpine Global Management, LLC 0.26% of their portfolio | 195.2k $2.1m | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 183.7k $2.0m | Unchanged |
| AQR Arbitrage LLC 0.08% of their portfolio | 164.2k $1.8m | Reduced -14.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 153.8k $1.7m | Added +14.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 153.2k $1.7m | Reduced -4.2k |
| Thomas J. Herzfeld Advisors, Inc. 0.64% of their portfolio | 150.4k $1.7m | Reduced -12.4k |
| Hennion & Walsh Asset Management, Inc. 0.10% of their portfolio | 147.0k $1.6m | Reduced -26.0k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 127.2k $1.4m | Reduced -21.0k |
| Bulldog Investors, LLP 0.46% of their portfolio | 121.4k $1.3m | Unchanged |
| TRANSCEND CAPITAL ADVISORS, LLC 0.12% of their portfolio | 114.7k $1.3m | Added +82.0k |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 114.4k $1.3m | Added +3.6k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 113.5k $1.2m | Unchanged |
| Tranquility Partners, LLC 0.53% of their portfolio | 112.7k $1.2m | Added +11.2k |
| Weiss Asset Management LP 0.08% of their portfolio | 90.9k $998.8k | Added +22.0k |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 88.5k $973.0k | Added +28.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 82.4k $905.6k | Reduced -779 |
| ICON ADVISERS INC/CO 0.22% of their portfolio | 80.0k $870.9k | Reduced -25.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 79.3k $871.2k | Reduced -12.1k |
| Selway Asset Management 0.38% of their portfolio | 74.7k $821.0k | Reduced -5.1k |
| Saba Capital Management, L.P. 0.03% of their portfolio | 72.5k $796.2k | Reduced -800 |
| Oder Investment Management, LLC 0.80% of their portfolio | 66.8k $734.2k | Added +4.2k |
| Cetera Investment Advisers 0.01% of their portfolio | 61.4k $674.3k | Added +5.8k |
| FourThought Financial Partners, LLC 0.09% of their portfolio | 59.5k $654.4k | Added +8.7k |
| NewEdge Advisors, LLC 0.01% of their portfolio | 55.6k $610.9k | Reduced -12.7k |
| Advisory Services Network, LLC 0.02% of their portfolio | 55.3k $607.6k | Reduced -6.8k |
| Stolper Co 0.25% of their portfolio | 53.5k $588.0k | Reduced -894 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 50.5k $555.5k | Added +2.4k |
| VIRTUS ADVISERS, LLC 0.33% of their portfolio | 48.9k $537.5k | Added +22.5k |
| Almitas Capital LLC 0.25% of their portfolio | 48.1k $528.7k | Reduced -13.3k |
| Claybrook Capital, LLC 0.28% of their portfolio | 44.9k $493.4k | Unchanged |
| INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio | 39.9k $438.6k | Added +2.6k |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 39.8k $427.4k | Unchanged |
| INVICTUS PRIVATE WEALTH, LLC 0.04% of their portfolio | 30.8k $338.2k | Added +43 |
| Round Rock Advisors LLC 0.12% of their portfolio | 29.5k $324.2k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 28.7k $315.0k | Added +3.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 28.3k $311.4k | New |
| Bison Wealth, LLC 0.06% of their portfolio | 26.6k $292.2k | Added +176 |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 25.9k $284.4k | Added +5.4k |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 24.8k $272.8k | Unchanged |
| Greytown Advisors Inc. 0.15% of their portfolio | 24.0k $263.6k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 22.2k $245.0k | Reduced -7.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.6k $215.5k | Unchanged |
| Summit Financial Wealth Advisors, LLC 0.05% of their portfolio | 19.4k $212.0k | Reduced -6.8k |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.11% of their portfolio | 19.1k $209.6k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 18.0k $197.7k | Added +823 |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 17.6k $193.7k | Added +444 |
| Essex Financial Services, Inc. 0.02% of their portfolio | 16.5k $181.7k | New |
| FirstPurpose Wealth LLC 0.07% of their portfolio | 15.0k $164.8k | Unchanged |
| Keystone Financial Group 0.03% of their portfolio | 14.2k $156.2k | Added +478 |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 13.9k $152.8k | Added +1.8k |
| Ironsides Asset Advisors, LLC 0.07% of their portfolio | 13.8k $151.3k | Added +1.4k |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio | 13.5k $148.1k | Reduced -845 |
| Ignite Planners, LLC 0.04% of their portfolio | 13.3k $145.2k | New |
| Twelve Points Wealth Management LLC 0.07% of their portfolio | 13.0k $143.0k | Reduced -440 |
| Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio | 12.5k $137.4k | Unchanged |
| Shaker Financial Services, LLC 0.06% of their portfolio | 12.0k $131.9k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 11.4k $124.9k | New |
| MELFA WEALTH MANAGEMENT, INC. 0.13% of their portfolio | 11.2k $122.7k | Unchanged |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 11.0k $121.4k | Reduced -72.9k |
| JT Stratford LLC 0.03% of their portfolio | 10.3k $112.9k | Reduced -1.7k |
| Bramshill Investments, LLC 0.01% of their portfolio | 10.2k $111.9k | Reduced -4.8k |
| 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 $109.9k | Unchanged |
| Robbins Farley 0.05% of their portfolio | 7.1k $77.5k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 6.5k $71.6k | Added +629 |
| Horrell Capital Management, Inc. 0.02% of their portfolio | 5.0k $55.0k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 4.9k $54.2k | New |
| BESSEMER GROUP INC 0.00% of their portfolio | 2.5k $28.0k | Reduced -1.4k |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.8k $19.8k | Unchanged |
| M&R CAPITAL MANAGEMENT INC 0.00% of their portfolio | 1.6k $17.9k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 1.5k $16.5k | Unchanged |
| Elequin Capital, LP 0.00% of their portfolio | 889 $9.8k | New |
| 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 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 431 $4.7k | Added +415 |
| 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 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |