BlackRock Science and Technology Term Trust
BSTZ
59 hedge funds and large institutions have $332M invested in BlackRock Science and Technology Term Trust in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 10 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
180% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 10
33% more capital invested
Capital invested by funds: $249M → $332M (+$82.4M)
26% more funds holding
Funds holding: 47 → 59 (+12)
2.49% more ownership
Funds ownership: 14.08% → 16.56% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$16M |
| 2 |
Morgan Stanley
New York
|
+$8.53M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.59M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.36M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.58M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.41M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.01M |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$557K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$359K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
51
Ancora Advisors
Cleveland,
Ohio
| $38K | +$37.3K | +1,495 | New |
|
|
S
52
SignatureFD
Atlanta,
Georgia
| $26K | -$25K | -1,000 | -50% |
|
53
Rockefeller Capital Management
New York
| $25K | +$275 | +11 | +1% |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| $18K | +$17.8K | +711 | New |
|
|
EI
55
Ellevest Inc
New York
| $13K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $12K | +$11.5K | +461 | New |
|
|
CPW
57
Catalyst Private Wealth
San Mateo,
California
| $8K | +$7.57K | +303 | New |
|
|
LC
58
Lindbrook Capital
Calabasas,
California
| $5K | +$4.5K | +180 | New |
|
|
SWM
59
Sugarloaf Wealth Management
Duluth,
Georgia
| $3K | +$2.5K | +100 | New |
|
|
VF
60
Virtu Financial
New York
| – | -$284K | -12,536 | Closed |
|
|
PAG
61
Private Advisor Group
Morristown,
New Jersey
| – | -$85K | -3,760 | Closed |
|
|
VFA
62
Valeo Financial Advisors
Carmel,
Indiana
| – | -$23K | -1,000 | Closed |
|
BSTZ Hedge Fund Activity: Q3 2020 in Review
59 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q3 2020, worth a combined $332M — up 33% from $249M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BSTZ positions and 4 closed out — a net gain of 12 holders — while 28 added to existing stakes and 10 trimmed.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $16M. The largest seller was Karpus Investment Management, cutting an estimated $6.58M.
- 59 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q3 2020, up from 47 in Q2 2020.
- Funds reported $332M of BlackRock Science and Technology Term Trust stock for Q3 2020, up 33% quarter-over-quarter.
- 16 funds opened new BlackRock Science and Technology Term Trust positions in Q3 2020 and 4 closed out, a net change of +12 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q3 2020 was 1607 Capital Partners, an estimated $16M added.
- The largest BlackRock Science and Technology Term Trust seller in Q3 2020 was Karpus Investment Management, an estimated $6.58M sold.
Based on aggregated 13F filings for Q3 2020.