BlackRock Science and Technology Trust
51 hedge funds and large institutions have $140M invested in BlackRock Science and Technology Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 7 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
20% more capital invested
Capital invested by funds: $116M → $140M (+$23.2M)
0.1% more ownership
Funds ownership: 19.13% → 19.23% (+0.1%)
2% less funds holding
Funds holding: 52 → 51 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.06M |
| 2 |
Morgan Stanley
New York
|
+$1.09M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$746K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$439K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.1M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.09M |
| 3 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
-$1.04M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$745K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$535K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | – | – | – |
|
|
WAM
52
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.09M | -40,255 | Closed |
|
|
AFNAS
53
American Financial Network Advisory Services
Calabasas,
California
| – | -$1.04M | -38,155 | Closed |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| – | -$217K | -8,007 | Closed |
|
|
FI
55
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$275K | -7,830 | Closed |
|
|
BBHC
56
Brown Brothers Harriman & Co
New York
| – | -$110K | -4,048 | Closed |
|
|
RIA
57
RPG Investment Advisory
Pleasanton,
California
| – | -$20K | -734 | Closed |
|
BST Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q1 2019, worth a combined $140M — up 20% from $116M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BST and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 22 added.
The largest buyer was Bank of America, adding an estimated $2.06M. The largest seller was Stifel Financial, cutting an estimated $1.1M.
- 51 institutional investors held BlackRock Science and Technology Trust (BST) as of Q1 2019, down from 52 in Q4 2018.
- Funds reported $140M of BlackRock Science and Technology Trust stock for Q1 2019, up 20% quarter-over-quarter.
- 6 funds opened new BlackRock Science and Technology Trust positions in Q1 2019 and 7 closed out, a net change of -1 holder.
- The largest BlackRock Science and Technology Trust buyer in Q1 2019 was Bank of America, an estimated $2.06M added.
- The largest BlackRock Science and Technology Trust seller in Q1 2019 was Stifel Financial, an estimated $1.1M sold.
Based on aggregated 13F filings for Q1 2019.