BlackRock Science and Technology Term Trust
BSTZ
104 hedge funds and large institutions have $268M invested in BlackRock Science and Technology Term Trust in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 21 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
105% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 21
16% more funds holding
Funds holding: 90 → 104 (+14)
0.89% more ownership
Funds ownership: 19.91% → 20.8% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $282M → $268M (-$13.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$4.87M |
| 2 |
RL
RPO LLC
Stamford,
Connecticut
|
+$3.78M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.4M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.98M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$5.03M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$4.49M |
| 3 |
Morgan Stanley
New York
|
-$4.21M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$2.94M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VNA
101
Valley National Advisers
Bethlehem,
Pennsylvania
| $3K | +$1.86K | +105 | +150% |
|
|
AF
102
Allworth Financial
Folsom,
California
| $235 | – | – | – |
|
103
Fidelity Investments
Boston,
Massachusetts
| $17 | +$18 | +1 | New |
|
|
PIWA
104
Prevail Innovative Wealth Advisors
Leawood,
Kansas
| – | -$5.03M | -277,562 | Closed |
|
|
CCP
105
Clough Capital Partners
Boston,
Massachusetts
| – | -$4.49M | -247,940 | Closed |
|
|
WP
106
Woodline Partners
San Francisco,
California
| – | -$2.94M | -162,077 | Closed |
|
107
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$779K | -43,010 | Closed |
|
|
QL
108
Quarry LP
New York
| – | -$714K | -39,440 | Closed |
|
|
PI
109
PFG Investments
Woodbury,
New York
| – | -$455K | -25,150 | Closed |
|
|
CA
110
Clearstead Advisors
Cleveland,
Ohio
| – | -$23.9K | -1,322 | Closed |
|
|
IGWM
111
ICA Group Wealth Management
Denver,
Colorado
| – | -$20.3K | -1,120 | Closed |
|
|
MRCM
112
M&R Capital Management
Summit,
New Jersey
| – | -$8.38K | -463 | Closed |
|
BSTZ Hedge Fund Activity: Q3 2023 in Review
104 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q3 2023, worth a combined $268M — down 4.8% from $282M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BSTZ positions and 9 closed out — a net gain of 14 holders — while 43 added to existing stakes and 21 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $4.87M. The largest seller was Prevail Innovative Wealth Advisors, exiting entirely with an estimated $5.03M sold.
- 104 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q3 2023, up from 90 in Q2 2023.
- Funds reported $268M of BlackRock Science and Technology Term Trust stock for Q3 2023, down 4.8% quarter-over-quarter.
- 23 funds opened new BlackRock Science and Technology Term Trust positions in Q3 2023 and 9 closed out, a net change of +14 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q3 2023 was Lazard Asset Management, an estimated $4.87M added.
- The largest BlackRock Science and Technology Term Trust seller in Q3 2023 was Prevail Innovative Wealth Advisors, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2023.