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BlackRock Science and Technology Term Trust

98 hedge funds and large institutions have $518M invested in BlackRock Science and Technology Term Trust in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

12% more capital invested

Capital invested by funds: $461M → $518M (+$56.6M)

3.74% more ownership

Funds ownership: 30.44%34.18% (+3.7%)

6% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 33

1% less funds holding

Funds holding: 9998 (-1)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
98
Holders Change
-1
Holders Change %
-1.01%
% of All Funds
1.42%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.03%
New
16
Increased
35
Reduced
33
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PA
76
Parallel Advisors
California
$112K +$2.27K +121 +2%
BlackRock
77
BlackRock
New York
$99.5K
QL
78
Quarry LP
New York
$86.5K +$81.4K +4,344 New
SIC
79
Salem Investment Counselors
North Carolina
$55.9K +$52.6K +2,806 New
Comerica Bank
80
Comerica Bank
Texas
$45.6K +$1.07K +57 +3%
NS
81
NBC Securities
Alabama
$45K -$1.11K -59 -3%
US Bancorp
82
US Bancorp
Minnesota
$34.8K
WAM
83
Wolverine Asset Management
Illinois
$32.5K +$30.6K +1,630 New
APC
84
Aspire Private Capital
North Carolina
$26.8K -$9.17K -489 -27%
S
85
SignatureFD
Georgia
$19.9K
LFG
86
Larson Financial Group
Missouri
$17.1K
UCB
87
United Community Bank
South Carolina
$15.6K +$14.7K +785 New
JWA
88
JFS Wealth Advisors
Pennsylvania
$15.4K -$4.39K -234 -23%
IGWM
89
ICA Group Wealth Management
Colorado
$11.2K -$10.5K -560 -50%
AAG
90
Armstrong Advisory Group
Massachusetts
$11K
CIBC Private Wealth Group
91
CIBC Private Wealth Group
Georgia
$10.9K +$937 +50 +10%
PS
92
Principal Securities
Iowa
$6.51K +$131 +7 +2%
AA
93
Ancora Advisors
Ohio
$3.58K
Northwestern Mutual Wealth Management
94
Northwestern Mutual Wealth Management
Wisconsin
$3.48K +$3.28K +175 New
AssetMark Inc
95
AssetMark Inc
California
$3.44K
VNA
96
Valley National Advisers
Pennsylvania
$3K
AF
97
Allworth Financial
California
$296
LCM
98
Landscape Capital Management
New Jersey
-$4.55M -234,361 Closed
RL
99
RPO LLC
Connecticut
-$4.49M -231,568 Closed
BFM
100
Boothbay Fund Management
New York
-$2.02M -104,206 Closed

BSTZ Hedge Fund Activity: Q2 2024 in Review

98 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q2 2024, worth a combined $518M — up 12% from $461M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new BSTZ positions and 14 closed out — a net gain of 2 holders — while 35 added to existing stakes and 33 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $23.6M. The largest seller was Landscape Capital Management, exiting entirely with an estimated $4.55M sold.

  • 98 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q2 2024, down from 99 in Q1 2024.
  • Funds reported $518M of BlackRock Science and Technology Term Trust stock for Q2 2024, up 12% quarter-over-quarter.
  • 16 funds opened new BlackRock Science and Technology Term Trust positions in Q2 2024 and 14 closed out, a net change of +2 holders.
  • The largest BlackRock Science and Technology Term Trust buyer in Q2 2024 was Saba Capital Management, an estimated $23.6M added.
  • The largest BlackRock Science and Technology Term Trust seller in Q2 2024 was Landscape Capital Management, an estimated $4.55M sold.

Based on aggregated 13F filings for Q2 2024.