BlackRock Science and Technology Trust
63 hedge funds and large institutions have $135M invested in BlackRock Science and Technology Trust in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 14 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
0.54% more ownership
Funds ownership: 19.9% → 20.44% (+0.54%)
8% less capital invested
Capital invested by funds: $147M → $135M (-$11.9M)
10% less funds holding
Funds holding: 70 → 63 (-7)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.55M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.85M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$999K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$804K |
| 5 |
Morgan Stanley
New York
|
+$525K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.93M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$548K |
| 4 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
-$441K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$422K |
BST Hedge Fund Activity: Q1 2020 in Review
63 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q1 2020, worth a combined $135M — down 8.1% from $147M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BST and 9 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 29 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $9.55M. The largest seller was Bank of America, cutting an estimated $2M.
- 63 institutional investors held BlackRock Science and Technology Trust (BST) as of Q1 2020, down from 70 in Q4 2019.
- Funds reported $135M of BlackRock Science and Technology Trust stock for Q1 2020, down 8.1% quarter-over-quarter.
- 9 funds opened new BlackRock Science and Technology Trust positions in Q1 2020 and 14 closed out, a net change of -5 holders.
- The largest BlackRock Science and Technology Trust buyer in Q1 2020 was Karpus Investment Management, an estimated $9.55M added.
- The largest BlackRock Science and Technology Trust seller in Q1 2020 was Bank of America, an estimated $2M sold.
Based on aggregated 13F filings for Q1 2020.