BlackRock Health Sciences Trust
BME
74 hedge funds and large institutions have $127M invested in BlackRock Health Sciences Trust in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 73 → 74 (+1)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.5% less ownership
Funds ownership: 26.4% → 24.91% (-1.5%)
5% less capital invested
Capital invested by funds: $134M → $127M (-$7.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
LM Advisors
San Diego,
California
|
+$4.49M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.67M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$888K |
| 5 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$849K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.6M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.02M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.5M |
| 4 |
NRW
Nova R Wealth
Overland Park,
Kansas
|
-$833K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$639K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
76
AE Wealth Management
Topeka,
Kansas
| – | -$639K | -15,599 | Closed |
|
|
SC
77
Summa Corp
Tomball,
Texas
| – | -$528K | -13,047 | Closed |
|
78
Jane Street
New York
| – | -$409K | -10,104 | Closed |
|
79
JP Morgan Chase
New York
| – | -$142K | -3,508 | Closed |
|
80
Bessemer Group
Woodbridge,
New Jersey
| – | -$51K | -1,263 | Closed |
|
|
FMII
81
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$40.5K | -1,000 | Closed |
|
|
ASN
82
Advisory Services Network
Atlanta,
Georgia
| – | -$20.2K | -500 | Closed |
|
|
IGWM
83
ICA Group Wealth Management
Denver,
Colorado
| – | -$6.07K | -150 | Closed |
|
|
LFG
84
Larson Financial Group
St Louis,
Missouri
| – | -$1.7K | -42 | Closed |
|
|
RA
85
Rise Advisors
Rochester,
New York
| – | -$449 | -11 | Closed |
|
BME Hedge Fund Activity: Q1 2024 in Review
74 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust (BME) for Q1 2024, worth a combined $127M — down 5.3% from $134M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BME positions and 10 closed out — a net gain of 2 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was LM Advisors, opening a new position worth an estimated $4.49M. The largest seller was Morgan Stanley, cutting an estimated $15.6M.
- 74 institutional investors held BlackRock Health Sciences Trust (BME) as of Q1 2024, up from 73 in Q4 2023.
- Funds reported $127M of BlackRock Health Sciences Trust stock for Q1 2024, down 5.3% quarter-over-quarter.
- 12 funds opened new BlackRock Health Sciences Trust positions in Q1 2024 and 10 closed out, a net change of +2 holders.
- The largest BlackRock Health Sciences Trust buyer in Q1 2024 was LM Advisors, an estimated $4.49M added.
- The largest BlackRock Health Sciences Trust seller in Q1 2024 was Morgan Stanley, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2024.