BlackRock Health Sciences Trust II
BMEZ
99 hedge funds and large institutions have $710M invested in BlackRock Health Sciences Trust II in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more capital invested
Capital invested by funds: $584M → $710M (+$126M)
3.06% more ownership
Funds ownership: 35.4% → 38.46% (+3.1%)
6% less funds holding
Funds holding: 105 → 99 (-6)
22% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 37
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$58.4M |
| 2 |
SC
Sessa Capital
New York
|
+$23M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$18.6M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.86M |
| 5 |
Lazard Asset Management
New York
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$9.18M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.85M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$5.71M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.15M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$4.1M |
BMEZ Hedge Fund Activity: Q1 2024 in Review
99 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust II (BMEZ) for Q1 2024, worth a combined $710M — up 22% from $584M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BMEZ and 12 opened new positions — a net loss of 6 holders — while 37 trimmed existing stakes and 29 added.
The largest buyer was Saba Capital Management, adding an estimated $58.4M. The largest seller was Cornerstone Advisors, cutting an estimated $9.18M.
- 99 institutional investors held BlackRock Health Sciences Trust II (BMEZ) as of Q1 2024, down from 105 in Q4 2023.
- Funds reported $710M of BlackRock Health Sciences Trust II stock for Q1 2024, up 22% quarter-over-quarter.
- 12 funds opened new BlackRock Health Sciences Trust II positions in Q1 2024 and 18 closed out, a net change of -6 holders.
- The largest BlackRock Health Sciences Trust II buyer in Q1 2024 was Saba Capital Management, an estimated $58.4M added.
- The largest BlackRock Health Sciences Trust II seller in Q1 2024 was Cornerstone Advisors, an estimated $9.18M sold.
Based on aggregated 13F filings for Q1 2024.