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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.26.
Trends to Q1 2026
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 |
| Q1 2024 | 93 |
| Q2 2024 | 94 |
| Q3 2024 | 92 |
| Q4 2024 | 91 |
| Q1 2025 | 82 |
| Q2 2025 | 81 |
| Q3 2025 | 85 |
| Q4 2025 | 90 |
| Q1 2026 | 81 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 34 | 43 |
| Q3 2024 | 43 | 36 |
| Q4 2024 | 31 | 39 |
| Q1 2025 | 30 | 46 |
| Q2 2025 | 44 | 30 |
| Q3 2025 | 39 | 29 |
| Q4 2025 | 41 | 42 |
| Q1 2026 | 35 | 42 |
Biggest buyers
| SIT INVESTMENT ASSOCIATES INC | Added | +727.8k |
| LOOMIS SAYLES & CO L P | New | +429.5k |
| Almitas Capital LLC | New | +144.8k |
| Logan Stone Capital, LLC | Added | +119.2k |
| RAYMOND JAMES FINANCIAL INC | Added | +90.2k |
| BANK OF AMERICA CORP /DE/ | Added | +42.4k |
| Cresset Asset Management, LLC | Added | +40.6k |
| LPL Financial LLC | Added | +40.2k |
| QUANTIFY CHAOS ADVISORS, LLC | Added | +33.3k |
| Robbins Farley | Added | +28.8k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -154.7k |
| Lalia Capital, LLC | Sold out | -148.8k |
| Shaker Financial Services, LLC | Sold out | -136.7k |
| Steward Partners Investment Advisory, LLC | Reduced | -124.4k |
| WELLS FARGO & COMPANY/MN | Reduced | -75.2k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -72.5k |
| Advisors Asset Management, Inc. | Reduced | -71.5k |
| FIRST TRUST ADVISORS LP | Sold out | -54.0k |
| Invesco Ltd. | Reduced | -45.9k |
| Integrated Wealth Concepts LLC | Reduced | -44.2k |
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 2026
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.
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.62% of their portfolio | 2.8m $30.7m | Added +727.8k |
| Coastal Bridge Advisors, LLC 1.94% of their portfolio | 2.5m $27.3m | Reduced -17.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $24.8m | Added +11.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $22.0m | Added +42.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.9m $20.8m | Reduced -75.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.2m $12.9m | Added +90.2k |
| HighTower Advisors, LLC 0.01% of their portfolio | 911.0k $10.2m | Added +11.0k |
| Advisors Asset Management, Inc. 0.16% of their portfolio | 840.0k $9.4m | Reduced -71.5k |
| Cresset Asset Management, LLC 0.03% of their portfolio | 678.2k $7.6m | Added +40.6k |
| UBS Group AG 0.00% of their portfolio | 493.0k $5.5m | Added +3.2k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.39% of their portfolio | 440.5k $4.9m | Reduced -13.9k |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 429.5k $4.8m | New |
| LPL Financial LLC 0.00% of their portfolio | 376.1k $4.2m | Added +40.2k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 329.7k $3.7m | Added +1.9k |
| Logan Stone Capital, LLC 0.99% of their portfolio | 321.2k $3.6m | Added +119.2k |
| Integrated Wealth Concepts LLC 0.03% of their portfolio | 288.0k $3.2m | Reduced -44.2k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 278.1k $3.1m | Reduced -358 |
| Vestmark Advisory Solutions, Inc. 0.03% of their portfolio | 262.8k $2.9m | Added +9.6k |
| ELEVATION POINT WEALTH PARTNERS, LLC 0.07% of their portfolio | 262.6k $2.9m | Added +9.2k |
| Invesco Ltd. 0.00% of their portfolio | 250.9k $2.8m | Reduced -45.9k |
| Robbins Farley 1.05% of their portfolio | 213.7k $2.4m | Added +28.8k |
| Merit Financial Group, LLC 0.01% of their portfolio | 170.4k $1.9m | Added +2.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 163.7k $1.8m | Reduced -13.5k |
| Capital Investment Advisors, LLC 0.03% of their portfolio | 157.4k $1.8m | Reduced -31.7k |
| Almitas Capital LLC 0.36% of their portfolio | 144.8k $1.6m | New |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.10% of their portfolio | 118.7k $1.3m | Reduced -72.5k |
| Tranquility Partners, LLC 0.43% of their portfolio | 103.1k $1.1m | Reduced -4.4k |
| QUANTIFY CHAOS ADVISORS, LLC 3.56% of their portfolio | 102.3k $1.1m | Added +33.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 101.7k $1.1m | Reduced -154.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 96.8k $1.1m | Reduced -6.1k |
| Clear Harbor Asset Management, LLC 0.07% of their portfolio | 86.1k $959.7k | Added +3.5k |
| CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio | 78.9k $879.9k | Reduced -9.6k |
| CSS LLC/IL 0.04% of their portfolio | 72.2k $804.9k | Added +16.7k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 57.0k $635.4k | Reduced -7.4k |
| Lido Advisors, LLC 0.00% of their portfolio | 56.8k $633.9k | Unchanged |
| Closed-End Fund Advisors, Inc. 0.60% of their portfolio | 53.0k $591.4k | Added +869 |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 52.5k $585.5k | Added +8.5k |
| Oder Investment Management, LLC 0.41% of their portfolio | 48.3k $538.6k | Added +655 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 45.8k $508.7k | Reduced -2.5k |
| &PARTNERS 0.00% of their portfolio | 40.6k $452.9k | Reduced -37.9k |
| Virtus Investment Advisers, LLC 0.11% of their portfolio | 35.2k $392.2k | Reduced -6.8k |
| Calamos Advisors LLC 0.00% of their portfolio | 34.9k $389.6k | Added +4.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 34.7k $387.1k | Reduced -17.5k |
| Kingsview Wealth Management, LLC 0.01% of their portfolio | 34.3k $382.9k | Added +5.3k |
| BTG Pactual Asset Management US LLC 0.03% of their portfolio | 29.2k $325.8k | Added +9.0k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 27.8k $310.3k | Unchanged |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.09% of their portfolio | 27.6k $307.5k | Added +8.5k |
| Moors & Cabot, Inc. 0.01% of their portfolio | 27.2k $303.6k | Added +3.9k |
| Stolper Co 0.76% of their portfolio | 25.9k $2.7m | Reduced -34.5k |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 20.1k $224.5k | Reduced -189 |
| Advisory Services Network, LLC 0.00% of their portfolio | 19.6k $218.7k | Reduced -110 |
| Essex Financial Services, Inc. 0.01% of their portfolio | 16.6k $185.6k | Added +2 |
| Ethos Financial Group, LLC 0.01% of their portfolio | 15.7k $185.2k | Unchanged |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 14.2k $158.3k | Added +268 |
| SeaCrest Wealth Management, LLC 0.02% of their portfolio | 13.9k $155.2k | Added +2.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 13.3k $147.9k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 13.0k $144.9k | Reduced -3.4k |
| Kathmere Capital Management, LLC 0.01% of their portfolio | 12.8k $143.2k | New |
| JT Stratford LLC 0.02% of their portfolio | 12.4k $138.4k | Reduced -735 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 11.9k $132.0k | New |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio | 11.7k $130.3k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.03% of their portfolio | 11.4k $127.1k | Unchanged |
| M&T Bank Corp 0.00% of their portfolio | 11.3k $126.1k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.07% of their portfolio | 11.2k $124.5k | Unchanged |
| Keystone Financial Group 0.01% of their portfolio | 11.1k $123.9k | Reduced -400 |
| 1776 Wealth LLC 0.05% of their portfolio | 10.9k $121.7k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 10.6k $118.4k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 10.1k $112.6k | Reduced -124.4k |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 10.0k $111.5k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 9.0k $100.3k | Unchanged |
| Horrell Capital Management, Inc. 0.03% of their portfolio | 5.0k $55.8k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 2.5k $27.9k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 2.3k $25.6k | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 1.9k $21.7k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.8k $20.1k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 780 $8.7k | Unchanged |
| Noble Wealth Management PBC 0.00% of their portfolio | 600 $6.7k | Reduced -5.7k |
| Financial Gravity Asset Management, Inc. 0.00% of their portfolio | 500 $5.6k | Unchanged |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 205 $2.3k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 66 $736 | Reduced -33 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 17 $190 | Added +7 |