Blackstone Strategic Credit 2027 Term Fund (BGB)
Blackstone Strategic Credit 2027 Term Fund (BGB) is listed on the New York Stock Exchange, where it has traded since September 26, 2012.
- Listed On
- the New York Stock Exchange
- Listed Since
- September 26, 2012
- Market Cap
- $495M
About Blackstone Strategic Credit 2027 Term Fund
Blackstone Strategic Credit Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating-rate loans. The fund also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. The Fund has a limited term and absent shareholder approval to extend the life of the Fund.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 84 institutions reported holding BGB, with 21.5 million shares worth $243.4 million in aggregate. The largest reported holder was Sit Investment Associates, with 3.6 million shares worth $41.1 million. Of the 5 largest holders listed below, 2 added shares and 3 reduced their positions during the quarter.
| Institution | Shares | Value | Quarter change |
|---|---|---|---|
| Sit Investment Associates | 3,635,425 | $41M | Added 32.05% |
| Morgan Stanley | 2,536,491 | $29M | Added 14.04% |
| Coastal Bridge Advisors | 2,259,024 | $26M | Reduced 7.85% |
| Wells Fargo & Company/MN | 1,760,729 | $20M | Reduced 5.72% |
| Bank of America | 1,657,405 | $19M | Reduced 16.03% |
Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.
Frequently asked questions
What is BGB?
Blackstone Strategic Credit 2027 Term Fund (BGB) is listed on the New York Stock Exchange, where it has traded since September 26, 2012.
Who are the largest institutional holders of BGB?
In 13F filings for the quarter ended June 30, 2026, the largest reported holders of BGB were Sit Investment Associates, Morgan Stanley and Coastal Bridge Advisors.
How many institutions own BGB?
84 institutions reported a position in BGB for the quarter ended June 30, 2026, worth $243.4 million in total.
Did institutions buy or sell BGB last quarter?
Of the 5 largest reported holders, 2 added shares and 3 reduced their positions during the quarter. Every reported holder and its change is on the SentiSense ownership page for BGB.
Every reported institutional holder, plus insider and congressional trades in BGB, on SentiSense.