BlackRock Science and Technology Term Trust
BSTZ
72 hedge funds and large institutions have $485M invested in BlackRock Science and Technology Term Trust in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
46% more capital invested
Capital invested by funds: $332M → $485M (+$153M)
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
22% more funds holding
Funds holding: 59 → 72 (+13)
0.5% more ownership
Funds ownership: 16.56% → 17.06% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.67M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.3M |
| 3 |
Morgan Stanley
New York
|
+$2.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.25M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.29M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.05M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.51M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.43M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.33M |
BSTZ Hedge Fund Activity: Q4 2020 in Review
72 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q4 2020, worth a combined $485M — up 46% from $332M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BSTZ positions and 8 closed out — a net gain of 14 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $3.67M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.29M sold.
- 72 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q4 2020, up from 59 in Q3 2020.
- Funds reported $485M of BlackRock Science and Technology Term Trust stock for Q4 2020, up 46% quarter-over-quarter.
- 22 funds opened new BlackRock Science and Technology Term Trust positions in Q4 2020 and 8 closed out, a net change of +14 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q4 2020 was Bank of America, an estimated $3.67M added.
- The largest BlackRock Science and Technology Term Trust seller in Q4 2020 was Rivernorth Capital Management, an estimated $3.29M sold.
Based on aggregated 13F filings for Q4 2020.