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 ≈ $11.30.
Trends to Q4 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 |
| Q4 2023 | 101 |
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 |
| Q4 2023 | 46 | 37 |
Biggest buyers
| MORGAN STANLEY | Added | +1.4m |
| LPL Financial LLC | Added | +223.5k |
| Coastal Bridge Advisors, LLC | Added | +182.6k |
| TRANSCEND CAPITAL ADVISORS, LLC | Added | +177.2k |
| Alpine Global Management, LLC | Added | +165.9k |
| Tidal Investments LLC | New | +106.0k |
| Westchester Capital Management, LLC | New | +103.2k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +92.8k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +92.0k |
| ROBINSON CAPITAL MANAGEMENT, LLC | Added | +85.6k |
Biggest sellers
| Atlas Wealth LLC | Sold out | -1.7m |
| Allspring Global Investments Holdings, LLC | Reduced | -669.8k |
| DEBUSSY CAPITAL MANAGEMENT LP | Reduced | -150.2k |
| Integrated Wealth Concepts LLC | Reduced | -131.8k |
| GUGGENHEIM CAPITAL LLC | Reduced | -118.9k |
| Weiss Asset Management LP | Sold out | -90.9k |
| ICON ADVISERS INC/CO | Sold out | -80.0k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -74.4k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -72.5k |
| Saba Capital Management, L.P. | Sold out | -72.5k |
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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-10-31 | McKemie Gordon Portfolio Manager | Bought | $50.6k4.8k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 4.5m $51.4m | Added +1.4m |
| Coastal Bridge Advisors, LLC 11.64% of their portfolio | 4.0m $45.4m | Added +182.6k |
| SIT INVESTMENT ASSOCIATES INC 0.39% of their portfolio | 1.4m $15.7m | Reduced -9.1k |
| Pathstone Holdings, LLC 0.07% of their portfolio | 1.2m $13.6m | First filing |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $12.7m | Added +55.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1m $12.6m | Added +76.8k |
| Penserra Capital Management LLC 0.23% of their portfolio | 1.1m $12.2m | Added +74.8k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.96% of their portfolio | 1.0m $11.8m | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.53% of their portfolio | 973.3k $11.0m | Added +49.9k |
| GUGGENHEIM CAPITAL LLC 0.06% of their portfolio | 714.7k $8.1m | Reduced -118.9k |
| Integrated Wealth Concepts LLC 0.13% of their portfolio | 690.9k $7.8m | Reduced -131.8k |
| HighTower Advisors, LLC 0.01% of their portfolio | 385.7k $4.4m | Added +5.9k |
| Alpine Global Management, LLC 0.60% of their portfolio | 361.1k $4.1m | Added +165.9k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 318.5k $3.6m | Added +92.8k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.29% of their portfolio | 291.9k $3.3m | Added +177.2k |
| Merit Financial Group, LLC 0.09% of their portfolio | 261.8k $3.0m | Added +14.3k |
| LPL Financial LLC 0.00% of their portfolio | 252.2k $2.9m | Added +223.5k |
| DEBUSSY CAPITAL MANAGEMENT LP 0.87% of their portfolio | 250.8k $2.9m | Reduced -150.2k |
| Next Capital Management LLC 1.15% of their portfolio | 236.5k $2.7m | Reduced -1.9k |
| Capital Investment Advisors, LLC 0.07% of their portfolio | 235.7k $2.7m | Added +9.1k |
| UBS Group AG 0.00% of their portfolio | 194.7k $2.2m | Reduced -2.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 183.7k $2.1m | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.72% of their portfolio | 172.8k $2.0m | Added +22.4k |
| Advisors Asset Management, Inc. 0.04% of their portfolio | 171.8k $1.9m | Reduced -31.8k |
| AQR Arbitrage LLC 0.08% of their portfolio | 166.1k $1.9m | Added +2.0k |
| Invesco Ltd. 0.00% of their portfolio | 161.5k $1.8m | Reduced -57.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 143.6k $1.6m | Reduced -9.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 133.8k $1.5m | Reduced -20.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 132.3k $1.5m | Added +53.0k |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.34% of their portfolio | 125.4k $948.1k | Added +85.6k |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 122.1k $1.4m | Added +7.7k |
| Bulldog Investors, LLP 0.45% of their portfolio | 121.4k $1.4m | Unchanged |
| Cresset Asset Management, LLC 0.01% of their portfolio | 113.5k $1.3m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 107.1k $1.2m | Added +24.7k |
| Tidal Investments LLC 0.03% of their portfolio | 106.0k $1.2m | New |
| Westchester Capital Management, LLC 0.05% of their portfolio | 103.2k $1.2m | New |
| Tranquility Partners, LLC 0.48% of their portfolio | 100.5k $1.1m | Reduced -12.2k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.09% of their portfolio | 92.0k $1.0m | New |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 89.3k $1.0m | Added +799 |
| Cetera Investment Advisers 0.01% of their portfolio | 86.4k $978.4k | Added +25.1k |
| NewEdge Advisors, LLC 0.01% of their portfolio | 82.7k $944.2k | Added +27.1k |
| Almitas Capital LLC 0.31% of their portfolio | 80.2k $907.4k | Added +32.0k |
| Hennion & Walsh Asset Management, Inc. 0.05% of their portfolio | 72.6k $821.8k | Reduced -74.4k |
| Oder Investment Management, LLC 0.75% of their portfolio | 66.6k $754.1k | Reduced -194 |
| Selway Asset Management 0.29% of their portfolio | 61.3k $694.0k | Reduced -13.4k |
| FourThought Financial Partners, LLC 0.09% of their portfolio | 60.7k $686.9k | Added +1.1k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 54.7k $619.4k | Reduced -72.5k |
| Stolper Co 0.25% of their portfolio | 54.7k $619.0k | Added +1.2k |
| Advisory Services Network, LLC 0.01% of their portfolio | 51.8k $586.2k | Reduced -3.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 50.3k $569.8k | Reduced -214 |
| INVICTUS PRIVATE WEALTH, LLC 0.05% of their portfolio | 45.5k $514.9k | Added +14.7k |
| Lido Advisors, LLC 0.01% of their portfolio | 44.9k $512.5k | New |
| Cerity Partners LLC 0.00% of their portfolio | 44.5k $503.7k | New |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 43.0k $487.1k | Reduced -669.8k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio | 40.0k $452.3k | Added +40 |
| VIRTUS ADVISERS, LLC 0.26% of their portfolio | 36.8k $416.2k | Reduced -12.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 31.2k $353.5k | New |
| Round Rock Advisors LLC 0.08% of their portfolio | 29.5k $333.9k | Unchanged |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 28.7k $325.0k | Added +2.8k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 28.3k $320.7k | Unchanged |
| Bison Wealth, LLC 0.05% of their portfolio | 27.2k $308.2k | Added +639 |
| Leo Wealth, LLC 0.03% of their portfolio | 25.3k $286.5k | First filing |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 24.8k $281.0k | Unchanged |
| Greytown Advisors Inc. 0.15% of their portfolio | 24.0k $273.7k | Unchanged |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 22.2k $251.8k | Added +4.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.6k $222.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 19.5k $220.0k | Reduced -2.8k |
| Summit Financial Wealth Advisors, LLC 0.05% of their portfolio | 19.4k $219.6k | Unchanged |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.10% of their portfolio | 19.1k $215.9k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 18.0k $203.6k | Unchanged |
| Essex Financial Services, Inc. 0.02% of their portfolio | 16.5k $187.1k | Unchanged |
| FirstPurpose Wealth LLC 0.06% of their portfolio | 15.0k $169.8k | Unchanged |
| Aristides Capital LLC 0.09% of their portfolio | 15.0k $169.4k | New |
| Accuvest Global Advisors 0.18% of their portfolio | 14.9k $168.2k | New |
| Keystone Financial Group 0.03% of their portfolio | 14.5k $164.6k | Added +331 |
| Clear Creek Financial Management, LLC 0.03% of their portfolio | 14.2k $161.3k | New |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio | 13.5k $152.5k | Unchanged |
| Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio | 12.5k $141.5k | Unchanged |
| CTC Alternative Strategies, Ltd. 0.29% of their portfolio | 12.3k $139.5k | New |
| Ironsides Asset Advisors, LLC 0.06% of their portfolio | 12.2k $137.9k | Reduced -1.6k |
| Twelve Points Wealth Management LLC 0.07% of their portfolio | 12.2k $137.8k | Reduced -840 |
| MELFA WEALTH MANAGEMENT, INC. 0.12% of their portfolio | 11.2k $126.4k | Unchanged |
| Snowden Capital Advisors LLC 0.00% of their portfolio | 11.1k $126.0k | Added +84 |
| Bramshill Investments, LLC 0.01% of their portfolio | 10.2k $115.3k | Unchanged |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 10.0k $113.2k | Unchanged |
| Robbins Farley 0.05% of their portfolio | 7.1k $79.8k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 6.0k $67.6k | Reduced -550 |
| Horrell Capital Management, Inc. 0.02% of their portfolio | 5.0k $57.0k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 4.2k $47.2k | Reduced -758 |
| BESSEMER GROUP INC 0.00% of their portfolio | 2.5k $29.0k | Unchanged |
| Elequin Capital, LP 0.01% of their portfolio | 1.9k $21.1k | Added +977 |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.8k $20.4k | Unchanged |
| M&R CAPITAL MANAGEMENT INC 0.00% of their portfolio | 1.6k $18.4k | Unchanged |
| Truvestments Capital LLC 0.01% of their portfolio | 1.0k $11.3k | New |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 780 $8.8k | First filing |
| Gradient Investments LLC 0.00% of their portfolio | 605 $6.8k | Added +330 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 500 $5.7k | Unchanged |
| Hexagon Capital Partners LLC 0.00% of their portfolio | 100 $1.1k | Unchanged |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 85 $962 | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 7 $79 | Reduced -424 |