BlackRock Science and Technology Trust
98 hedge funds and large institutions have $187M invested in BlackRock Science and Technology Trust in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 28 closing their positions.
2.63% less ownership
Funds ownership: 25.53% → 22.9% (-2.6%)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
14% less funds holding
Funds holding: 114 → 98 (-16)
33% less capital invested
Capital invested by funds: $280M → $187M (-$92.4M)
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.96M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.63M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.89M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.43M |
| 5 |
Morgan Stanley
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.23M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$5.2M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.87M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.86M |
| 5 |
SFBLI
Southern Farm Bureau Life Insurance
Jackson,
Mississippi
|
-$3.51M |
BST Hedge Fund Activity: Q2 2022 in Review
98 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q2 2022, worth a combined $187M — down 33% from $280M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BST and 12 opened new positions — a net loss of 16 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $3.96M. The largest seller was Karpus Investment Management, cutting an estimated $6.23M.
- 98 institutional investors held BlackRock Science and Technology Trust (BST) as of Q2 2022, down from 114 in Q1 2022.
- Funds reported $187M of BlackRock Science and Technology Trust stock for Q2 2022, down 33% quarter-over-quarter.
- 12 funds opened new BlackRock Science and Technology Trust positions in Q2 2022 and 28 closed out, a net change of -16 holders.
- The largest BlackRock Science and Technology Trust buyer in Q2 2022 was Janney Montgomery Scott, an estimated $3.96M added.
- The largest BlackRock Science and Technology Trust seller in Q2 2022 was Karpus Investment Management, an estimated $6.23M sold.
Based on aggregated 13F filings for Q2 2022.