Vault-13

BLACKSTONE STRATEGIC CRED 20 BGB

COM SHS BEN IN · Closed-End Fund · CUSIP 09257R101

82 institutional holders -9 vs Q4 2024
19,962,52520.0m shares reported held*
$241.1mreported value*
5 new 25 added 33 reduced 13 sold out net sold ≈ $3.4m (-282.0k shares)

* 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 ($78.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.08.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 90Q4 22: 97Q1 23: 94Q2 23: 98Q3 23: 100Q4 23: 101Q1 24: 93Q2 24: 94Q3 24: 92Q4 24: 91Q1 25: 8282Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202290
Q4 202297
Q1 202394
Q2 202398
Q3 2023100
Q4 2023101
Q1 202493
Q2 202494
Q3 202492
Q4 202491
Q1 202582

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q2 23: 40 bought or addedQ2 23: 38 cut or sold outQ3 23: 45 bought or addedQ3 23: 37 cut or sold outQ3 23Q4 23: 46 bought or addedQ4 23: 37 cut or sold outQ1 24: 43 bought or addedQ1 24: 41 cut or sold outQ1 24Q2 24: 34 bought or addedQ2 24: 43 cut or sold outQ3 24: 43 bought or addedQ3 24: 36 cut or sold outQ3 24Q4 24: 31 bought or addedQ4 24: 39 cut or sold outQ1 25: 30 bought or addedQ1 25: 46 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234038
Q3 20234537
Q4 20234637
Q1 20244341
Q2 20243443
Q3 20244336
Q4 20243139
Q1 20253046

Biggest buyers

SIT INVESTMENT ASSOCIATES INC New +330,896+330.9k
BANK OF AMERICA CORP /DE/ Added +297,342+297.3k
MORGAN STANLEY Added +296,944+296.9k
Robbins Farley Added +113,613+113.6k
Cresset Asset Management, LLC Added +101,020+101.0k
Invesco Ltd. Added +76,089+76.1k
Advisors Asset Management, Inc. Added +74,943+74.9k
ROYAL BANK OF CANADA Added +54,059+54.1k
WELLS FARGO & COMPANY/MN Added +43,559+43.6k
Shaker Financial Services, LLC Added +39,244+39.2k

Biggest sellers

Pathstone Holdings, LLC Reduced -516,115-516.1k
Penserra Capital Management LLC Sold out -415,359-415.4k
Thomas J. Herzfeld Advisors, Inc. Sold out -165,122-165.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -145,822-145.8k
GUGGENHEIM CAPITAL LLC Reduced -84,357-84.4k
Coastal Bridge Advisors, LLC Reduced -71,530-71.5k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -67,020-67.0k
Integrated Wealth Concepts LLC Reduced -57,870-57.9k
FIRST TRUST ADVISORS LP Reduced -57,557-57.6k
JONES ROAD CAPITAL MANAGEMENT, L.P. Sold out -39,751-39.8k

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.

HolderStakeChangeShares Last filed
SIT INVESTMENT ASSOCIATES INC 13G · institution new · filed 2026-04-06 6.2% new 2.8m≈ $31.1m 2026-04-06
MORGAN STANLEY 13G · institution new · filed 2026-08-13 5.7% new 2.5m≈ $28.7m 2026-08-13
Coastal Bridge Advisors, LLC 13G · passive investor new · filed 2026-10-09 5.1% new 2.3m≈ $25.6m 2026-10-09

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 2025

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)

BuyingSelling
101Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 1 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20231$1.3k0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Coastal Bridge Advisors, LLC 5.53% of their portfolio WESTPORT, CT 3,201,0783.2m $38.7m $38.7m 5.53% Reduced -71.5k -71,530
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,633,9692.6m $31.8m $31.8m 0.00% Added +297.3k +297,342
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,089,5282.1m $25.2m $25.2m 0.00% Added +296.9k +296,944
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,888,7431.9m $22.8m $22.8m 0.01% Added +43.6k +43,559
5 Pathstone Holdings, LLC 0.07% of their portfolio ENGLEWOOD, NJ 1,410,5021.4m $17.0m $17.0m 0.07% Reduced -516.1k -516,115
6 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 875,344875.3k $10.6m $10.6m 0.01% Added +6.4k +6,397
7 Advisors Asset Management, Inc. 0.18% of their portfolio Monument, CO 813,997814.0k $9.8m $9.8m 0.18% Added +74.9k +74,943
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 743,866743.9k $9.0m $9.0m 0.01% Added +22.0k +21,952
9 TRANSCEND CAPITAL ADVISORS, LLC 0.47% of their portfolio MADISON, NJ 537,002537.0k $6.5m $6.5m 0.47% Reduced -20.7k -20,666
10 GUGGENHEIM CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 507,859507.9k $6.1m $6.1m 0.06% Reduced -84.4k -84,357
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 431,013431.0k $5.2m $5.2m 0.00% Added +26.7k +26,700
12 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 429,670429.7k $5.2m $5.2m 0.06% Reduced -57.9k -57,870
13 SIT INVESTMENT ASSOCIATES INC 0.09% of their portfolio Minneapolis, MN 330,896330.9k $4.0m $4.0m 0.09% New
14 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 329,673329.7k $4.0m $4.0m 0.00% Added +76.1k +76,089
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 282,388282.4k $3.4m $3.4m 0.00% Added +54.1k +54,059
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 276,984277.0k $3.3m $3.3m 0.00% Reduced -300 -300
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 248,230248.2k $3.0m $3.0m 0.00% Reduced -12.7k -12,688
18 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.31% of their portfolio London, X0 241,248241.2k $2.9m $2.9m 0.31% Reduced -67.0k -67,020
19 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 214,560214.6k $2.6m $2.6m 0.01% Added +101.0k +101,020
20 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 210,742210.7k $2.5m $2.5m 0.04% Reduced -134 -134
21 Capital Investment Advisors, LLC 0.05% of their portfolio ATLANTA, GA 207,909207.9k $2.5m $2.5m 0.05% Reduced -4.6k -4,585
22 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 186,226186.2k $2.2m $2.2m 0.00% Unchanged
23 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 136,801136.8k $1.7m $1.7m 0.01% Added +14.0k +14,008
24 Shaker Financial Services, LLC 0.59% of their portfolio Arlington, VA 124,791124.8k $1.5m $1.5m 0.59% Added +39.2k +39,244
25 Robbins Farley 0.77% of their portfolio BEDFORD, NH 120,014120.0k $1.4m $1.4m 0.77% Added +113.6k +113,613
26 Tranquility Partners, LLC 0.54% of their portfolio Brentwood, TN 115,754115.8k $1.4m $1.4m 0.54% Reduced -3.5k -3,525
27 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 110,770110.8k $1.3m $1.3m 0.00% Reduced -1.6k -1,640
28 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 102,955103.0k $1.2m $1.2m 0.00% Reduced -57.6k -57,557
29 CARY STREET PARTNERS FINANCIAL LLC 0.03% of their portfolio RICHMOND, VA 85,39285.4k $1.0m $1.0m 0.03% Reduced -1.1k -1,056
30 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 74,44574.4k $899.3k $899.3k 0.00% Added +3.8k +3,833
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 63,29563.3k $764.6k $764.6k 0.00% Reduced -3.6k -3,570
32 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 63,18963.2k $763.3k $763.3k 0.00% Added +7.0k +7,005
33 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 56,84856.8k $686.7k $686.7k 0.00% Unchanged
34 Stolper Co 0.22% of their portfolio TULSA, OK 56,77456.8k $686.0k $686.0k 0.22% Added +649 +649
35 INVICTUS PRIVATE WEALTH, LLC 0.05% of their portfolio Denver, CO 56,33956.3k $680.6k $680.6k 0.05% Added +1.6k +1,606
36 Oder Investment Management, LLC 0.52% of their portfolio WOODLAND HILLS, CA 50,19650.2k $606.4k $606.4k 0.52% Reduced -3.9k -3,900
37 Selway Asset Management 0.23% of their portfolio BOISE, ID 47,00547.0k $567.8k $567.8k 0.23% Reduced -4.9k -4,900
38 READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio CHICAGO, IL 38,79738.8k $468.7k $468.7k 0.02% New
39 ROBINSON CAPITAL MANAGEMENT, LLC 0.18% of their portfolio GROSSE POINTE FARMS, MI 36,88436.9k $445.6k $445.6k 0.18% Reduced -5.0k -5,000
40 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 28,44528.4k $343.6k $343.6k 0.01% Added +2.5k +2,511
41 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 27,82727.8k $336.1k $336.1k 0.00% Reduced -1.2k -1,173
42 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 26,83526.8k $324.2k $324.2k 0.00% Reduced -7.3k -7,329
43 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 25,86125.9k $312.4k $312.4k 0.00% Added +5.6k +5,631
44 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 23,53823.5k $284.3k $284.3k 0.01% Reduced -1.9k -1,949
45 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 22,67522.7k $273.9k $273.9k 0.01% Reduced -6.5k -6,525
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 22,55122.6k $272.4k $272.4k 0.00% Reduced -145.8k -145,822
47 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 22,12122.1k $267.2k $267.2k 0.01% Added +4.0k +4,034
48 BTG Pactual Asset Management US LLC 0.03% of their portfolio NEW YORK, NY 20,87920.9k $252.2k $252.2k 0.03% Added +1.5k +1,481
49 Round Rock Advisors LLC 0.05% of their portfolio WILTON, CT 20,74820.7k $250.6k $250.6k 0.05% Unchanged
50 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 19,35719.4k $233.8k $233.8k 0.01% Unchanged
51 Moors & Cabot, Inc. 0.01% of their portfolio BOSTON, MA 19,17519.2k $231.6k $231.6k 0.01% Added +4.7k +4,700
52 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.08% of their portfolio HIGHLAND PARK, IL 19,07519.1k $230.4k $230.4k 0.08% Unchanged
53 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 18,36218.4k $221.8k $221.8k 0.01% Reduced -20.8k -20,774
54 Summit Financial Wealth Advisors, LLC 0.04% of their portfolio Lafayette, LA 18,10018.1k $218.6k $218.6k 0.04% Unchanged
55 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 18,06018.1k $218.2k $218.2k 0.01% Reduced -4.1k -4,071
56 Essex Financial Services, Inc. 0.01% of their portfolio ESSEX, CT 16,63716.6k $201.0k $201.0k 0.01% Added +105 +105
57 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 15,79815.8k $190.8k $190.8k 0.00% Added +3.7k +3,723
58 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 13,53013.5k $163.4k $163.4k 0.00% Reduced -3.5k -3,507
59 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio CEDAR RAPIDS, IA 13,47413.5k $162.8k $162.8k 0.01% Unchanged
60 Keystone Financial Group 0.02% of their portfolio LEXINGTON, KY 12,85912.9k $155.3k $155.3k 0.02% Reduced -393 -393
61 Clear Creek Financial Management, LLC 0.01% of their portfolio SILVERDALE, WA 11,93811.9k $144.2k $144.2k 0.01% Reduced -456 -456
62 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,73611.7k $142.0k $142.0k 0.00% Added +286 +286
63 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 11,30611.3k $136.6k $136.6k 0.00% New
64 MELFA WEALTH MANAGEMENT, INC. 0.09% of their portfolio WESTBOROUGH, MA 11,16711.2k $134.9k $134.9k 0.09% Unchanged
65 Leo Wealth, LLC 0.02% of their portfolio HURST, TX 10,72210.7k $129.5k $129.5k 0.02% Unchanged
66 Twelve Points Wealth Management LLC 0.03% of their portfolio CONCORD, MA 10,20910.2k $123.3k $123.3k 0.03% Unchanged
67 Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio HARRISONBURG, VA 10,00010.0k $120.8k $120.8k 0.01% Unchanged
68 COMERICA BANK 0.00% of their portfolio DALLAS, TX 7,2967.3k $88.1k $88.1k 0.00% Reduced -354 -354
69 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.04% of their portfolio RICHMOND, VA 6,4006.4k $77.3k $77.3k 0.04% Unchanged
70 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 5,7005.7k $68.9k $68.9k 0.00% Unchanged
71 Horrell Capital Management, Inc. 0.03% of their portfolio LITTLE ROCK, AR 5,0005.0k $60.4k $60.4k 0.03% Unchanged
72 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,5002.5k $30.2k $30.2k 0.00% Reduced -3.0k -3,000
73 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 2,1102.1k $25.0k $25.0k 0.00% Reduced -422 -422
74 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 1,8001.8k $21.7k $21.7k 0.00% Unchanged
75 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 1,4991.5k $18.1k $18.1k 0.00% Reduced -7.0k -6,952
76 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0001.0k $12.1k $12.1k 0.00% New
77 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 780780 $9.4k $9.4k 0.00% Unchanged
78 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9090 $1.1k $1.1k 0.00% Reduced -310 -310
79 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8787 $1.0k $1.0k 0.00% New
80 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 8585 $1.0k $1.0k 0.00% Unchanged
81 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 77 $85 $85 0.00% Unchanged
82 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged