BlackRock Science and Technology Trust
46 hedge funds and large institutions have $146M invested in BlackRock Science and Technology Trust in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
5% more funds holding
Funds holding: 44 → 46 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
5.22% less ownership
Funds ownership: 29.91% → 24.69% (-5.2%)
10% less capital invested
Capital invested by funds: $162M → $146M (-$16.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$2.14M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.13M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.76M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$626K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.92M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.03M |
| 3 |
Morgan Stanley
New York
|
-$5.74M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$5.72M |
| 5 |
Lazard Asset Management
New York
|
-$5.13M |
BST Hedge Fund Activity: Q4 2017 in Review
46 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q4 2017, worth a combined $146M — down 10% from $162M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BST positions and 4 closed out — a net gain of 2 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $2.14M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $6.92M sold.
- 46 institutional investors held BlackRock Science and Technology Trust (BST) as of Q4 2017, up from 44 in Q3 2017.
- Funds reported $146M of BlackRock Science and Technology Trust stock for Q4 2017, down 10% quarter-over-quarter.
- 6 funds opened new BlackRock Science and Technology Trust positions in Q4 2017 and 4 closed out, a net change of +2 holders.
- The largest BlackRock Science and Technology Trust buyer in Q4 2017 was Cohen & Steers, an estimated $2.14M added.
- The largest BlackRock Science and Technology Trust seller in Q4 2017 was Karpus Investment Management, an estimated $6.92M sold.
Based on aggregated 13F filings for Q4 2017.