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 ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.30.
Trends to Q2 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 |
| Q2 2026 | 86 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 42 | 33 |
Biggest buyers
| Atlas Wealth LLC | New | +940.0k |
| SIT INVESTMENT ASSOCIATES INC | Added | +882.3k |
| MORGAN STANLEY | Added | +312.3k |
| Integrated Wealth Concepts LLC | Added | +241.8k |
| ENVESTNET ASSET MANAGEMENT INC | New | +142.2k |
| Thomas J. Herzfeld Advisors, Inc. | New | +112.7k |
| JANE STREET GROUP, LLC | New | +105.2k |
| LOOMIS SAYLES & CO L P | Added | +68.3k |
| ICON ADVISERS INC/CO | New | +60.1k |
| Cresset Asset Management, LLC | Added | +44.4k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -316.5k |
| Advisors Asset Management, Inc. | Reduced | -248.3k |
| Coastal Bridge Advisors, LLC | Reduced | -192.5k |
| WELLS FARGO & COMPANY/MN | Reduced | -106.8k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -100.9k |
| Invesco Ltd. | Reduced | -60.9k |
| Lido Advisors, LLC | Sold out | -56.8k |
| ELEVATION POINT WEALTH PARTNERS, LLC | Reduced | -28.5k |
| Vestmark Advisory Solutions, Inc. | Reduced | -28.3k |
| Tranquility Partners, LLC | Reduced | -17.8k |
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.
| 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 since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.78% of their portfolio | 3.6m $41.1m | Added +882.3k |
| MORGAN STANLEY 0.00% of their portfolio | 2.5m $28.7m | Added +312.3k |
| Coastal Bridge Advisors, LLC 1.58% of their portfolio | 2.3m $25.5m | Reduced -192.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.8m $19.9m | Reduced -106.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $18.7m | Reduced -316.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.1m $12.9m | Reduced -14.4k |
| Atlas Wealth LLC 1.51% of their portfolio | 940.0k $10.6m | New |
| HighTower Advisors, LLC 0.01% of their portfolio | 934.5k $10.6m | Added +23.5k |
| Cresset Asset Management, LLC 0.03% of their portfolio | 722.6k $8.2m | Added +44.4k |
| Advisors Asset Management, Inc. 0.10% of their portfolio | 591.7k $6.7m | Reduced -248.3k |
| Integrated Wealth Concepts LLC 0.03% of their portfolio | 529.8k $6.0m | Added +241.8k |
| UBS Group AG 0.00% of their portfolio | 502.2k $5.7m | Added +9.2k |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 497.9k $5.6m | Added +68.3k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.34% of their portfolio | 438.6k $5.0m | Reduced -1.9k |
| LPL Financial LLC 0.00% of their portfolio | 417.1k $4.7m | Added +41.0k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 331.5k $3.7m | Added +1.9k |
| Logan Stone Capital, LLC 0.77% of their portfolio | 323.9k $3.7m | Added +2.7k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 278.1k $3.1m | Unchanged |
| Robbins Farley 1.05% of their portfolio | 242.0k $2.7m | Added +28.3k |
| Vestmark Advisory Solutions, Inc. 0.02% of their portfolio | 234.5k $2.7m | Reduced -28.3k |
| ELEVATION POINT WEALTH PARTNERS, LLC 0.05% of their portfolio | 234.1k $2.6m | Reduced -28.5k |
| Invesco Ltd. 0.00% of their portfolio | 190.0k $2.1m | Reduced -60.9k |
| Merit Financial Group, LLC 0.01% of their portfolio | 161.1k $1.8m | Reduced -9.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 155.7k $1.8m | Reduced -8.0k |
| Capital Investment Advisors, LLC 0.02% of their portfolio | 153.6k $1.7m | Reduced -3.8k |
| Almitas Capital LLC 0.39% of their portfolio | 144.8k $1.6m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 142.2k $1.6m | New |
| Thomas J. Herzfeld Advisors, Inc. 0.39% of their portfolio | 112.7k $1.3m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 105.2k $1.2m | New |
| QUANTIFY CHAOS ADVISORS, LLC 3.30% of their portfolio | 103.6k $1.2m | Added +1.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 101.8k $1.1m | Added +97 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 100.6k $1.1m | Added +3.9k |
| Tranquility Partners, LLC 0.33% of their portfolio | 85.3k $964.0k | Reduced -17.8k |
| Clear Harbor Asset Management, LLC 0.06% of their portfolio | 85.3k $963.9k | Reduced -765 |
| CSS LLC/IL 0.04% of their portfolio | 82.8k $935.5k | Added +10.6k |
| CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio | 70.4k $795.3k | Reduced -8.5k |
| Stolper Co 0.19% of their portfolio | 64.5k $729.0k | Added +38.6k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 60.7k $685.8k | Added +8.2k |
| ICON ADVISERS INC/CO 0.13% of their portfolio | 60.1k $678.8k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 55.3k $625.3k | Added +20.6k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 55.1k $622.5k | Reduced -1.9k |
| Closed-End Fund Advisors, Inc. 0.58% of their portfolio | 52.6k $594.9k | Reduced -396 |
| Oder Investment Management, LLC 0.37% of their portfolio | 49.0k $553.5k | Added +679 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 43.6k $492.9k | Reduced -2.2k |
| &PARTNERS 0.00% of their portfolio | 40.9k $462.4k | Added +307 |
| Calamos Advisors LLC 0.00% of their portfolio | 37.4k $423.1k | Added +2.5k |
| HRT FINANCIAL LP 0.00% of their portfolio | 36.5k $412.0k | New |
| Kingsview Wealth Management, LLC 0.00% of their portfolio | 34.4k $388.3k | Added +27 |
| Moors & Cabot, Inc. 0.01% of their portfolio | 28.6k $323.2k | Added +1.4k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 27.8k $314.4k | Unchanged |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.08% of their portfolio | 27.6k $311.6k | Unchanged |
| Virtus Investment Advisers, LLC 0.07% of their portfolio | 27.4k $309.5k | Reduced -7.8k |
| BTG Pactual Asset Management US LLC 0.02% of their portfolio | 26.4k $298.0k | Reduced -2.8k |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 20.1k $227.6k | Unchanged |
| Advisory Services Network, LLC 0.00% of their portfolio | 19.6k $221.4k | Reduced -18 |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.01% of their portfolio | 17.8k $200.9k | Reduced -100.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.4k $196.2k | Added +4.4k |
| Ethos Financial Group, LLC 0.01% of their portfolio | 17.2k $194.6k | Added +1.5k |
| Essex Financial Services, Inc. 0.01% of their portfolio | 16.6k $188.1k | Added +3 |
| XTX Topco Ltd 0.00% of their portfolio | 15.5k $175.4k | New |
| CHOREO, LLC 0.00% of their portfolio | 15.1k $170.6k | New |
| SIERRA SUMMIT ADVISORS LLC 0.02% of their portfolio | 14.1k $159.4k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 14.1k $159.0k | Added +5.1k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 13.2k $149.5k | Reduced -970 |
| Keystone Financial Group 0.01% of their portfolio | 12.1k $136.3k | Added +950 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio | 11.7k $132.1k | Unchanged |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 11.6k $130.6k | New |
| M&T Bank Corp 0.00% of their portfolio | 11.3k $127.8k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 11.3k $127.2k | Added +636 |
| MELFA WEALTH MANAGEMENT, INC. 0.07% of their portfolio | 11.2k $126.2k | Unchanged |
| Virtu Financial LLC 0.00% of their portfolio | 11.1k $125.0k | New |
| 1776 Wealth LLC 0.04% of their portfolio | 10.9k $123.3k | Unchanged |
| JT Stratford LLC 0.01% of their portfolio | 10.2k $115.0k | Reduced -2.2k |
| EVOLVE PRIVATE WEALTH, LLC 0.01% of their portfolio | 10.1k $114.6k | New |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 10.0k $113.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 9.6k $108.5k | Reduced -500 |
| Horrell Capital Management, Inc. 0.03% of their portfolio | 5.0k $56.5k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio | 4.2k $47.1k | Reduced -7.2k |
| Spire Wealth Management 0.00% of their portfolio | 2.5k $28.2k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 2.3k $26.0k | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 1.9k $22.0k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.8k $20.3k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 780 $8.8k | Unchanged |
| Noble Wealth Management PBC 0.00% of their portfolio | 600 $6.8k | Unchanged |
| Institute for Wealth Management, LLC. 0.00% of their portfolio | 350 $4.0k | New |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 205 $2.3k | Unchanged |