BlackRock Health Sciences Trust II
BMEZ
76 hedge funds and large institutions have $142M invested in BlackRock Health Sciences Trust II in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 36 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
22% less funds holding
Funds holding: 98 → 76 (-22)
33.25% less ownership
Funds ownership: 42.66% → 9.41% (-33%)
61% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 36
78% less capital invested
Capital invested by funds: $643M → $142M (-$501M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.23M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$859K |
| 3 |
Jane Street
New York
|
+$851K |
| 4 |
EC
Elequin Capital
New York
|
+$543K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$309M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$30.3M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$22.3M |
| 4 |
SC
Sessa Capital
New York
|
-$21.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bluefin Capital Management
New York
| – | -$312K | -20,954 | Closed |
|
|
KPF
102
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$310K | -20,830 | Closed |
|
|
KCPG
103
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$291K | -19,500 | Closed |
|
|
DWM
104
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$266K | -17,879 | Closed |
|
|
VF
105
Virtu Financial
New York
| – | -$212K | -14,202 | Closed |
|
|
ST
106
Sentinel Trust
Houston,
Texas
| – | -$211K | -14,191 | Closed |
|
107
Millennium Management
New York
| – | -$197K | -13,234 | Closed |
|
108
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$189K | -12,655 | Closed |
|
|
GWM
109
Geneos Wealth Management
Englewood,
Colorado
| – | -$80.5K | -2,703 | Closed |
|
|
WA
110
WPG Advisers
Baltimore,
Maryland
| – | -$19.4K | -1,301 | Closed |
|
|
NI
111
NCP Inc
La Quinta,
California
| – | -$5.89K | -395 | Closed |
|
|
OIA
112
Optimum Investment Advisors
Chicago,
Illinois
| – | -$283 | -19 | Closed |
|
BMEZ Hedge Fund Activity: Q2 2025 in Review
76 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust II (BMEZ) for Q2 2025, worth a combined $142M — down 78% from $643M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of BMEZ and 14 opened new positions — a net loss of 22 holders — while 24 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $1.23M. The largest seller was Saba Capital Management, exiting entirely with an estimated $309M sold.
- 76 institutional investors held BlackRock Health Sciences Trust II (BMEZ) as of Q2 2025, down from 98 in Q1 2025.
- Funds reported $142M of BlackRock Health Sciences Trust II stock for Q2 2025, down 78% quarter-over-quarter.
- 14 funds opened new BlackRock Health Sciences Trust II positions in Q2 2025 and 36 closed out, a net change of -22 holders.
- The largest BlackRock Health Sciences Trust II buyer in Q2 2025 was Bank of America, an estimated $1.23M added.
- The largest BlackRock Health Sciences Trust II seller in Q2 2025 was Saba Capital Management, an estimated $309M sold.
Based on aggregated 13F filings for Q2 2025.