BlackRock Science and Technology Term Trust
BSTZ
101 hedge funds and large institutions have $477M invested in BlackRock Science and Technology Term Trust in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 42 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
3% more funds holding
Funds holding: 98 → 101 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.28% less ownership
Funds ownership: 34.18% → 32.89% (-1.3%)
8% less capital invested
Capital invested by funds: $518M → $477M (-$41M)
21% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$14.4M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$3.78M |
| 3 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$1.19M |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$835K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$773K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$9.67M |
| 2 |
SCM
Saba Capital Management
New York
|
-$9.09M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.13M |
| 4 |
QC
Quantedge Capital
Singapore
|
-$2.84M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.96M |
BSTZ Hedge Fund Activity: Q3 2024 in Review
101 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q3 2024, worth a combined $477M — down 7.9% from $518M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BSTZ positions and 10 closed out — a net gain of 4 holders — while 33 added to existing stakes and 42 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $14.4M. The largest seller was Atlas Wealth, exiting entirely with an estimated $9.67M sold.
- 101 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q3 2024, up from 98 in Q2 2024.
- Funds reported $477M of BlackRock Science and Technology Term Trust stock for Q3 2024, down 7.9% quarter-over-quarter.
- 14 funds opened new BlackRock Science and Technology Term Trust positions in Q3 2024 and 10 closed out, a net change of +4 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q3 2024 was Penserra Capital Management, an estimated $14.4M added.
- The largest BlackRock Science and Technology Term Trust seller in Q3 2024 was Atlas Wealth, an estimated $9.67M sold.
Based on aggregated 13F filings for Q3 2024.