BlackRock Science and Technology Trust
31 hedge funds and large institutions have $109M invested in BlackRock Science and Technology Trust in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 6 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $98.9M → $109M (+$10.3M)
2.03% more ownership
Funds ownership: 25.7% → 27.72% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 33 → 31 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| 1 |
Lazard Asset Management
New York
|
+$4.02M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.55M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.05M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$732K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$507K |
Top Sellers
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.53M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$507K |
| 3 |
Squarepoint
New York
|
-$481K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$339K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $23K | -$18K | -1,164 | -45% |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $22K | +$20.4K | +1,316 | New |
|
28
Creative Planning
Overland Park,
Kansas
| $12K | +$11K | +708 | New |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $11K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $2K | -$5.3K | -342 | -77% |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | +$1.56K | +101 | New |
|
|
32
Stifel Financial
St. Louis,
Missouri
| – | -$1.53M | -89,556 | Closed |
|
|
33
Squarepoint
New York
| – | -$481K | -28,134 | Closed |
|
|
DA
34
Doliver Advisors
Houston,
Texas
| – | -$233K | -13,621 | Closed |
|
35
BlackRock
New York
| – | -$131K | -7,683 | Closed |
|
|
MWM
36
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$40K | -2,277 | Closed |
|
|
SF
37
Synovus Financial
Columbus,
Georgia
| – | -$17K | -1,012 | Closed |
|
BST Hedge Fund Activity: Q1 2016 in Review
31 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q1 2016, worth a combined $109M — up 10% from $98.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BST and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Lazard Asset Management, adding an estimated $4.02M. The largest seller was Stifel Financial, exiting entirely with an estimated $1.53M sold.
- 31 institutional investors held BlackRock Science and Technology Trust (BST) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $109M of BlackRock Science and Technology Trust stock for Q1 2016, up 10% quarter-over-quarter.
- 4 funds opened new BlackRock Science and Technology Trust positions in Q1 2016 and 6 closed out, a net change of -2 holders.
- The largest BlackRock Science and Technology Trust buyer in Q1 2016 was Lazard Asset Management, an estimated $4.02M added.
- The largest BlackRock Science and Technology Trust seller in Q1 2016 was Stifel Financial, an estimated $1.53M sold.
Based on aggregated 13F filings for Q1 2016.