BlackRock Science and Technology Term Trust
BSTZ
90 hedge funds and large institutions have $535M invested in BlackRock Science and Technology Term Trust in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 39 increasing their positions, 12 reducing their positions, and 10 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 12
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more funds holding
Funds holding: 72 → 90 (+18)
10% more capital invested
Capital invested by funds: $485M → $535M (+$50.6M)
2.15% more ownership
Funds ownership: 17.06% → 19.21% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$12.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.45M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.03M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$4.12M |
| 2 |
Morgan Stanley
New York
|
-$2.22M |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$737K |
| 4 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
-$459K |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$310K |
BSTZ Hedge Fund Activity: Q1 2021 in Review
90 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q1 2021, worth a combined $535M — up 10% from $485M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BSTZ positions and 10 closed out — a net gain of 19 holders — while 39 added to existing stakes and 12 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $12.5M. The largest seller was Cohen & Steers, cutting an estimated $4.12M.
- 90 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q1 2021, up from 72 in Q4 2020.
- Funds reported $535M of BlackRock Science and Technology Term Trust stock for Q1 2021, up 10% quarter-over-quarter.
- 29 funds opened new BlackRock Science and Technology Term Trust positions in Q1 2021 and 10 closed out, a net change of +19 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q1 2021 was Lazard Asset Management, an estimated $12.5M added.
- The largest BlackRock Science and Technology Term Trust seller in Q1 2021 was Cohen & Steers, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2021.