BlackRock Science and Technology Trust
67 hedge funds and large institutions have $172M invested in BlackRock Science and Technology Trust in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
27% more capital invested
Capital invested by funds: $135M → $172M (+$36.9M)
6% more funds holding
Funds holding: 63 → 67 (+4)
1.22% less ownership
Funds ownership: 20.44% → 19.22% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.37M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.02M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$885K |
| 5 |
Morgan Stanley
New York
|
+$759K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.41M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.29M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.09M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$937K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$411K |
BST Hedge Fund Activity: Q2 2020 in Review
67 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Trust (BST) for Q2 2020, worth a combined $172M — up 27% from $135M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BST positions and 7 closed out — a net gain of 4 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.37M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $8.41M sold.
- 67 institutional investors held BlackRock Science and Technology Trust (BST) as of Q2 2020, up from 63 in Q1 2020.
- Funds reported $172M of BlackRock Science and Technology Trust stock for Q2 2020, up 27% quarter-over-quarter.
- 11 funds opened new BlackRock Science and Technology Trust positions in Q2 2020 and 7 closed out, a net change of +4 holders.
- The largest BlackRock Science and Technology Trust buyer in Q2 2020 was Royal Bank of Canada, an estimated $2.37M added.
- The largest BlackRock Science and Technology Trust seller in Q2 2020 was Karpus Investment Management, an estimated $8.41M sold.
Based on aggregated 13F filings for Q2 2020.