BlackRock Science and Technology Term Trust
BSTZ
92 hedge funds and large institutions have $318M 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 19 closing their positions.
58% more capital inflows, than outflows
Capital inflows: $37.9M | Capital outflows: $23.9M
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
0.86% more ownership
Funds ownership: 19.9% → 20.76% (+0.86%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 99 → 92 (-7)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mangrove Partners
Greenwich,
Connecticut
|
+$7.01M |
| 2 |
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
+$6.2M |
| 3 |
Karpus Investment Management
Pittsford,
New York
|
+$4.36M |
| 4 |
QC
Quantedge Capital
Singapore
|
+$3.84M |
| 5 |
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 |
BSTZ Hedge Fund Activity: Q2 2022 in Review
92 of the 5,962 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q2 2022, worth a combined $318M — down 31% from $460M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BSTZ and 12 opened new positions — a net loss of 7 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 99 in Q1 2022.
- Funds reported $318M 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 19 closed out, a net change of -7 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.