BlackRock Science and Technology Term Trust
BSTZ
81 hedge funds and large institutions have $275M invested in BlackRock Science and Technology Term Trust in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 20 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.79% less ownership
Funds ownership: 20.76% → 19.97% (-0.79%)
12% less funds holding
Funds holding: 92 → 81 (-11)
13% less capital invested
Capital invested by funds: $318M → $275M (-$42.4M)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$17.1M |
| 2 |
RPWA
Regent Peak Wealth Advisors
Atlanta,
Georgia
|
+$960K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$845K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$690K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.3M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$5.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.11M |
| 4 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$3.53M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.63M |
BSTZ Hedge Fund Activity: Q3 2022 in Review
81 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q3 2022, worth a combined $275M — down 13% from $318M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BSTZ and 11 opened new positions — a net loss of 9 holders — while 26 trimmed existing stakes and 28 added.
The largest buyer was Karpus Investment Management, adding an estimated $17.1M. The largest seller was Morgan Stanley, cutting an estimated $10.3M.
- 81 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q3 2022, down from 92 in Q2 2022.
- Funds reported $275M of BlackRock Science and Technology Term Trust stock for Q3 2022, down 13% quarter-over-quarter.
- 11 funds opened new BlackRock Science and Technology Term Trust positions in Q3 2022 and 20 closed out, a net change of -9 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q3 2022 was Karpus Investment Management, an estimated $17.1M added.
- The largest BlackRock Science and Technology Term Trust seller in Q3 2022 was Morgan Stanley, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2022.