BlackRock Science and Technology Trust
87 hedge funds and large institutions have $159M invested in BlackRock Science and Technology Trust in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 17 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
1.54% less ownership
Funds ownership: 22.9% → 21.36% (-1.5%)
11% less funds holding
Funds holding: 98 → 87 (-11)
15% less capital invested
Capital invested by funds: $187M → $159M (-$28.4M)
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.74M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.32M |
| 3 |
LPL Financial
San Diego,
California
|
+$984K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$742K |
| 5 |
SC
Stolper & Co
Tulsa,
Oklahoma
|
+$676K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.17M |
| 2 |
SFBLI
Southern Farm Bureau Life Insurance
Jackson,
Mississippi
|
-$2.71M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.53M |
| 5 |
Cohen & Steers
New York
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
101
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$23K | -700 | Closed |
|
102
Citigroup
New York
| – | -$2K | -50 | Closed |
|
BST Hedge Fund Activity: Q3 2022 in Review
87 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q3 2022, worth a combined $159M — down 15% from $187M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BST and 7 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was Morgan Stanley, adding an estimated $1.74M. The largest seller was Karpus Investment Management, cutting an estimated $4.17M.
- 87 institutional investors held BlackRock Science and Technology Trust (BST) as of Q3 2022, down from 98 in Q2 2022.
- Funds reported $159M of BlackRock Science and Technology Trust stock for Q3 2022, down 15% quarter-over-quarter.
- 7 funds opened new BlackRock Science and Technology Trust positions in Q3 2022 and 17 closed out, a net change of -10 holders.
- The largest BlackRock Science and Technology Trust buyer in Q3 2022 was Morgan Stanley, an estimated $1.74M added.
- The largest BlackRock Science and Technology Trust seller in Q3 2022 was Karpus Investment Management, an estimated $4.17M sold.
Based on aggregated 13F filings for Q3 2022.