BlackRock Science and Technology Term Trust
BSTZ
40 hedge funds and large institutions have $145M invested in BlackRock Science and Technology Term Trust in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 3 reducing their positions, and 4 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 3
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
29% more funds holding
Funds holding: 31 → 40 (+9)
23% more capital invested
Capital invested by funds: $117M → $145M (+$27.2M)
3.92% more ownership
Funds ownership: 7.63% → 11.55% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.5M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$16.8M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.12M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.67M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.04M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.77M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$256K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$213K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$138K |
BSTZ Hedge Fund Activity: Q1 2020 in Review
40 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q1 2020, worth a combined $145M — up 23% from $117M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BSTZ positions and 4 closed out — a net gain of 11 holders — while 18 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.5M. The largest seller was UBS Group, cutting an estimated $2.04M.
- 40 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q1 2020, up from 31 in Q4 2019.
- Funds reported $145M of BlackRock Science and Technology Term Trust stock for Q1 2020, up 23% quarter-over-quarter.
- 15 funds opened new BlackRock Science and Technology Term Trust positions in Q1 2020 and 4 closed out, a net change of +11 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q1 2020 was Morgan Stanley, an estimated $23.5M added.
- The largest BlackRock Science and Technology Term Trust seller in Q1 2020 was UBS Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2020.