Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Blackstone Strategic Cred 20 (BGB)

86 + Investors. Track Smart Money conviction in BGB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — BGB

Based on 86 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BGB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
86 funds currently hold this stock — 91% of the 3.0-year high of 94 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

43 buying33 selling
Last quarter: 43 funds bought or added vs 33 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new BGB position: 9 → 19 → 6 → 14. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 24% medium ■ 15% new
52 out of 86 hedge funds have held BGB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

11 → 9 → 19 → 6 → 14 new funds/Q
New funds entering each quarter: 9 → 19 → 6 → 14. BGB is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 71% veterans vs 21% newcomers

■ 71% veterans ■ 8% 1-2yr ■ 21% new
Entry-cohort mix of 86 holders: 61 (71%) are 2+ year veterans, 7 entered 1–2 years ago, and 18 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
9 of 86 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BGB

In 2026 Q2, 43 hedge funds were net buyers of BGB (14 opened a new position, 29 added to an existing one), while 33 reduced or exited (25 trimmed, 8 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 39% of total institutional value in BGB is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 86.

Hedge Fund Ownership: BGB

How many hedge funds hold BGB — quarterly history vs. share price
Quarterly hedge fund ownership of BGB vs. share price

Market Analysis: BGB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BGB

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: BGB
86 + Investors

Track Smart Money conviction in BGB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 86 80 7.5%
13F Shares 23M 21M 9.52%
Total Value $217M $202M 7.46%
New Positions 14 6 +8
Increased Positions 29 30 -1
Closed Positions 8 14 -6
Reduced Positions 25 27 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BGB

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Institutional Holders (2026 Q2)

86 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BGB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BGB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quantify Chaos Advisors, LLC 3.30% 103,629 $1.2M
2 Coastal Bridge Advisors, LLC 1.58% 2,259,024 $25.5M
3 Atlas Wealth LLC 1.51% 939,961 $10.6M
4 Robbins Farley 1.05% 241,957 $2.7M
5 Logan Stone Capital, LLC 0.77% 323,899 $3.7M
6 Closed-End Fund Advisors, Inc. 0.58% 52,645 $595K
7 Almitas Capital LLC 0.39% 144,834 $1.6M
8 Thomas J. Herzfeld Advisors, Inc. 0.39% 112,665 $1.3M
9 Oder Investment Management, LLC 0.37% 48,984 $554K
10 Transcend Capital Advisors, LLC 0.33% 438,553 $5.0M
11 Tranquility Partners, LLC 0.33% 85,313 $964K
12 Icon Advisers Inc/Co 0.13% 60,067 $679K
13 Advisors Asset Management, Inc. 0.10% 591,684 $6.7M
14 Walled Lake Planning & Wealth Management, LLC 0.08% 27,575 $312K
15 Virtus Investment Advisers, LLC 0.07% 27,390 $310K
16 Melfa Wealth Management, INC. 0.07% 11,167 $126K
17 Clear Harbor Asset Management, LLC 0.06% 85,305 $964K
18 Elevation Point Wealth Partners, LLC 0.05% 234,122 $2.6M
19 1776 Wealth LLC 0.04% 10,912 $123K
20 Css LLC/Il 0.04% 82,787 $935K
21 Cresset Asset Management, LLC 0.03% 722,558 $8.2M
22 Integrated Wealth Concepts LLC 0.03% 529,787 $6.0M
23 Horrell Capital Management, Inc. 0.03% 5,000 $56K
24 Vestmark Advisory Solutions, Inc. 0.02% 234,528 $2.7M
25 Capital Investment Advisors, LLC 0.02% 153,574 $1.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Blackstone Strategic Cred 20 (BGB)

What does the Smart Money Trend signal show for BGB?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BGB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BGB?

Slight buying edge — 57% buying: Last quarter: 43 funds bought or added vs 33 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BGB holders?

Strong quality — 39% AUM from major funds: 9 of 86 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BGB?

60% of holders stayed for 2+ years: 52 out of 86 hedge funds have held BGB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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