BlackRock Science and Technology Term Trust
BSTZ
92 hedge funds and large institutions have $317M invested in BlackRock Science and Technology Term Trust in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 20 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
0.6% more ownership
Funds ownership: 20.16% → 20.76% (+0.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 100 → 92 (-8)
31% less capital invested
Capital invested by funds: $460M → $317M (-$143M)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$7.01M |
| 2 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
+$6.2M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.36M |
| 4 |
QC
Quantedge Capital
Singapore
|
+$3.84M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.6M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.84M |
| 4 |
Morgan Stanley
New York
|
-$2.1M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KAS
101
Kestra Advisory Services
Austin,
Texas
| – | -$228K | -7,751 | Closed |
|
|
WA
102
Waddell & Associates
Memphis,
Tennessee
| – | -$220K | -7,500 | Closed |
|
|
TP
103
Tranquility Partners
Brentwood,
Tennessee
| – | -$202K | -6,863 | Closed |
|
|
IWP
104
Icon Wealth Partners
Houston,
Texas
| – | -$200K | -6,811 | Closed |
|
|
CP
105
Castleview Partners
Dallas,
Texas
| – | -$198K | -6,763 | Closed |
|
|
FFWM
106
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$59K | -2,000 | Closed |
|
|
HNB
107
Huntington National Bank
Columbus,
Ohio
| – | -$26K | -900 | Closed |
|
|
MCM
108
MV Capital Management
Bethesda,
Maryland
| – | -$9K | -300 | Closed |
|
|
HR
109
Howe & Rusling
Rochester,
New York
| – | -$6K | -200 | Closed |
|
110
Koshinski Asset Management
Decatur,
Illinois
| – | -$1.26K | -43 | Closed |
|
BSTZ Hedge Fund Activity: Q2 2022 in Review
92 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q2 2022, worth a combined $317M — down 31% from $460M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BSTZ and 12 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 31 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $7.01M. The largest seller was UBS Group, cutting an estimated $5.6M.
- 92 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q2 2022, down from 100 in Q1 2022.
- Funds reported $317M of BlackRock Science and Technology Term Trust stock for Q2 2022, down 31% quarter-over-quarter.
- 12 funds opened new BlackRock Science and Technology Term Trust positions in Q2 2022 and 20 closed out, a net change of -8 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q2 2022 was Mangrove Partners, an estimated $7.01M added.
- The largest BlackRock Science and Technology Term Trust seller in Q2 2022 was UBS Group, an estimated $5.6M sold.
Based on aggregated 13F filings for Q2 2022.