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BlackRock Science and Technology Term Trust
BSTZ

107 hedge funds and large institutions have $399M invested in BlackRock Science and Technology Term Trust in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more capital invested

Capital invested by funds: $268M → $399M (+$131M)

31% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 32

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

9.81% more ownership

Funds ownership: 20.8% → 30.61% (+9.8%)

3% more funds holding

Funds holding: 104 → 107 (+3)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
107
Holders Change
+3
Holders Change %
+2.88%
% of All Funds
1.56%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
20
Increased
42
Reduced
32
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$50M
2
Morgan Stanley
Morgan Stanley
New York
+$41.6M
3
RCM
Rivernorth Capital Management
Florida
+$12.5M
4
LCM
Landscape Capital Management
New Jersey
+$7.83M
5
AA
AQR Arbitrage
Connecticut
+$5.38M

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$4.32M
2
UBS Group
UBS Group
Switzerland
-$4.17M
3
Allspring Global Investments
Allspring Global Investments
North Carolina
-$2.06M
4
Bank of America
Bank of America
North Carolina
-$1.16M
5
WAM
Weiss Asset Management
Massachusetts
-$895K
Name Holding Trade Value Shares
Change 		Change in
Stake
BFM
26
Boothbay Fund Management
New York
$1.97M +$50.2K +3,105 +3%
Rockefeller Capital Management
27
Rockefeller Capital Management
New York
$1.95M -$365K -22,585 -16%
Stifel Financial
28
Stifel Financial
Missouri
$1.78M +$258K +15,960 +18%
OC
29
Oppenheimer & Co
New York
$1.69M +$549K +33,928 +50%
IECM
30
Intrinsic Edge Capital Management
Illinois
$1.67M +$1.62M +100,000 New
Osaic Holdings
31
Osaic Holdings
Arizona
$1.63M -$826K -51,065 -34%
CA
32
Claro Advisors
Massachusetts
$1.6M +$201K +12,403 +15%
SA
33
Skyline Advisors
Washington
$1.42M +$1.38M +85,154 New
AGM
34
Alpine Global Management
New York
$1.36M +$1.32M +81,500 New
FSI
35
Flow State Investments
Illinois
$1.27M +$721K +44,594 +143%
Wells Fargo
36
Wells Fargo
California
$1.24M -$4.32M -267,031 -78%
BBPWM
37
Blue Bell Private Wealth Management
Pennsylvania
$1.2M +$679K +42,001 +142%
Allspring Global Investments
38
Allspring Global Investments
North Carolina
$1.08M -$2.06M -127,514 -66%
SPIA
39
Steward Partners Investment Advisory
New York
$1.08M -$116K -7,154 -10%
NW
40
NewEdge Wealth
Pennsylvania
$996K -$44.1K -2,730 -4%
Ameriprise
41
Ameriprise
Minnesota
$978K -$17.8K -1,100 -2%
Walleye Capital
42
Walleye Capital
New York
$965K +$164K +10,115 +21%
Truist Financial
43
Truist Financial
North Carolina
$950K -$234K -14,448 -20%
Commonwealth Equity Services
44
Commonwealth Equity Services
Massachusetts
$945K -$9.99K -618 -1%
Qube Research & Technologies (QRT)
45
Qube Research & Technologies (QRT)
United Kingdom
$845K +$400K +24,753 +96%
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
$816K +$70.2K +4,338 +10%
Janney Montgomery Scott
47
Janney Montgomery Scott
Pennsylvania
$728K -$44.1K -2,729 -6%
CAPTRUST Financial Advisors
48
CAPTRUST Financial Advisors
North Carolina
$702K +$679K +42,017 New
MP
49
Mangrove Partners
Connecticut
$673K +$652K +40,292 New
WAM
50
Weiss Asset Management
Massachusetts
$644K -$895K -55,368 -59%
1
2
3 4 5

BSTZ Hedge Fund Activity: Q4 2023 in Review

107 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q4 2023, worth a combined $399M — up 49% from $268M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new BSTZ positions and 16 closed out — a net gain of 4 holders — while 42 added to existing stakes and 32 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $50M. The largest seller was Wells Fargo, cutting an estimated $4.32M.

  • 107 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q4 2023, up from 104 in Q3 2023.
  • Funds reported $399M of BlackRock Science and Technology Term Trust stock for Q4 2023, up 49% quarter-over-quarter.
  • 20 funds opened new BlackRock Science and Technology Term Trust positions in Q4 2023 and 16 closed out, a net change of +4 holders.
  • The largest BlackRock Science and Technology Term Trust buyer in Q4 2023 was Saba Capital Management, an estimated $50M added.
  • The largest BlackRock Science and Technology Term Trust seller in Q4 2023 was Wells Fargo, an estimated $4.32M sold.

Based on aggregated 13F filings for Q4 2023.