BlackRock Science and Technology Trust
41 hedge funds and large institutions have $156M invested in BlackRock Science and Technology Trust in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
17% more funds holding
Funds holding: 35 → 41 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.88% less ownership
Funds ownership: 31.96% → 31.07% (-0.88%)
34% less capital inflows, than outflows
Capital inflows: $10.5M | Capital outflows: $15.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.85M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$772K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$591K |
| 5 |
Millennium Management
New York
|
+$586K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$11.1M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$1.89M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$888K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$518K |
| 5 |
Brinker Capital
Berwyn,
Pennsylvania
|
-$467K |
BST Hedge Fund Activity: Q2 2017 in Review
41 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q2 2017, worth a combined $156M — up 2.1% from $153M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BST positions and 4 closed out — a net gain of 6 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.07M. The largest seller was Karpus Investment Management, cutting an estimated $11.1M.
- 41 institutional investors held BlackRock Science and Technology Trust (BST) as of Q2 2017, up from 35 in Q1 2017.
- Funds reported $156M of BlackRock Science and Technology Trust stock for Q2 2017, up 2.1% quarter-over-quarter.
- 10 funds opened new BlackRock Science and Technology Trust positions in Q2 2017 and 4 closed out, a net change of +6 holders.
- The largest BlackRock Science and Technology Trust buyer in Q2 2017 was Wells Fargo, an estimated $3.07M added.
- The largest BlackRock Science and Technology Trust seller in Q2 2017 was Karpus Investment Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2017.