BlackRock Science and Technology Term Trust
BSTZ
102 hedge funds and large institutions have $585M invested in BlackRock Science and Technology Term Trust in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
7% more funds holding
Funds holding: 95 → 102 (+7)
0.35% more ownership
Funds ownership: 19.06% → 19.41% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $620M → $585M (-$35.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$5.41M |
| 2 |
Morgan Stanley
New York
|
+$3.71M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.48M |
| 4 |
Rockefeller Capital Management
New York
|
+$2.3M |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.63M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.59M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$1.52M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1,000K |
| 5 |
BFS
Bickling Financial Services
Lexington,
Massachusetts
|
-$725K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
101
Tower Research Capital (TRC)
New York
| $1K | -$9.82K | -242 | -91% |
|
102
Bank of New York Mellon
New York
| – | -$555K | -13,300 | Closed |
|
103
Bessemer Group
Woodbridge,
New Jersey
| – | -$52K | -1,250 | Closed |
|
BSTZ Hedge Fund Activity: Q3 2021 in Review
102 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q3 2021, worth a combined $585M — down 5.7% from $620M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BSTZ positions and 3 closed out — a net gain of 9 holders — while 37 added to existing stakes and 27 trimmed.
The largest buyer was UBS Group, adding an estimated $5.41M. The largest seller was Karpus Investment Management, cutting an estimated $2.63M.
- 102 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q3 2021, up from 95 in Q2 2021.
- Funds reported $585M of BlackRock Science and Technology Term Trust stock for Q3 2021, down 5.7% quarter-over-quarter.
- 12 funds opened new BlackRock Science and Technology Term Trust positions in Q3 2021 and 3 closed out, a net change of +9 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q3 2021 was UBS Group, an estimated $5.41M added.
- The largest BlackRock Science and Technology Term Trust seller in Q3 2021 was Karpus Investment Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2021.