BlackRock Health Sciences Trust II
BMEZ
85 hedge funds and large institutions have $462M invested in BlackRock Health Sciences Trust II in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 20 reducing their positions, and 14 closing their positions.
105% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 20
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
14% more capital invested
Capital invested by funds: $406M → $462M (+$56.2M)
4% more funds holding
Funds holding: 82 → 85 (+3)
1.17% more ownership
Funds ownership: 23.37% → 24.54% (+1.2%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$32.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$25.5M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.12M |
| 4 |
Morgan Stanley
New York
|
+$1.09M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$988K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$22M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$5.22M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.8M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.72M |
| 5 |
QC
Quantedge Capital
Singapore
|
-$3.07M |
BMEZ Hedge Fund Activity: Q1 2023 in Review
85 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust II (BMEZ) for Q1 2023, worth a combined $462M — up 14% from $406M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BMEZ positions and 14 closed out — a net gain of 3 holders — while 41 added to existing stakes and 20 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $32.3M. The largest seller was Cornerstone Advisors, cutting an estimated $22M.
- 85 institutional investors held BlackRock Health Sciences Trust II (BMEZ) as of Q1 2023, up from 82 in Q4 2022.
- Funds reported $462M of BlackRock Health Sciences Trust II stock for Q1 2023, up 14% quarter-over-quarter.
- 17 funds opened new BlackRock Health Sciences Trust II positions in Q1 2023 and 14 closed out, a net change of +3 holders.
- The largest BlackRock Health Sciences Trust II buyer in Q1 2023 was Saba Capital Management, an estimated $32.3M added.
- The largest BlackRock Health Sciences Trust II seller in Q1 2023 was Cornerstone Advisors, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2023.