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BlackRock Science and Technology Term Trust

104 hedge funds and large institutions have $270M invested in BlackRock Science and Technology Term Trust in 2022 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 9

28% more funds holding

Funds holding: 81104 (+23)

2.11% more ownership

Funds ownership: 19.97%22.09% (+2.1%)

0% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 28

2% less capital invested

Capital invested by funds: $275M → $270M (-$5.17M)

Holders
104
Holders Change
+23
Holders Change %
+28.4%
% of All Funds
1.67%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
36
Increased
28
Reduced
28
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$67.4M -$10.9M -640,905 -13%
KIM
2
Karpus Investment Management
New York
$24.7M +$7.07M +416,041 +36%
UBS Group
3
UBS Group
Switzerland
$17.8M -$8.51M -500,442 -31%
RJA
4
Raymond James & Associates
Florida
$14.7M -$2.96M -174,091 -16%
Bank of America
5
Bank of America
North Carolina
$12.6M -$2.56M -150,789 -16%
LSC
6
Logan Stone Capital
Illinois
$11.1M +$11.7M +690,261 +4,206%
QC
7
Quantedge Capital
Singapore
$9.66M +$7.22M +424,945 +221%
1CP
8
1607 Capital Partners
Virginia
$8.58M -$274K -16,100 -3%
SCM
9
Saba Capital Management
New York
$8.2M +$8.91M +524,119 New
Wells Fargo
10
Wells Fargo
California
$6.32M -$4.36M -256,689 -39%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$6.15M -$1.87M -110,180 -22%
WAM
12
Wolverine Asset Management
Illinois
$5.38M +$2.86M +168,245 +96%
Lazard Asset Management
13
Lazard Asset Management
New York
$5.31M
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$5.27M +$1.03M +60,650 +22%
COLIM
15
City of London Investment Management
United Kingdom
$5.03M +$2.4M +141,259 +78%
MP
16
Mangrove Partners
Connecticut
$4.54M +$4.93M +290,073 New
WP
17
Woodline Partners
California
$4.22M +$4.59M +269,778 New
LPL Financial
18
LPL Financial
California
$3.41M +$158K +9,278 +4%
LCM
19
Landscape Capital Management
New Jersey
$3.28M +$1.89M +111,361 +113%
CCP
20
Clough Capital Partners
Massachusetts
$3.19M +$3.47M +204,200 New
SMC
21
Smith, Moore & Co
Missouri
$2.94M +$60.1K +3,534 +2%
RCM
22
Rivernorth Capital Management
Florida
$2.92M +$3.17M +186,496 New
WS
23
Wedbush Securities
California
$2.83M +$2.4M +141,189 +354%
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$2.49M +$2.7M +158,903 +158,903%
Stifel Financial
25
Stifel Financial
Missouri
$2.22M -$367K -21,572 -13%

BSTZ Hedge Fund Activity: Q4 2022 in Review

104 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q4 2022, worth a combined $270M — down 1.9% from $275M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new BSTZ positions and 9 closed out — a net gain of 27 holders — while 28 added to existing stakes and 28 trimmed.

The largest buyer was Logan Stone Capital, adding an estimated $11.7M. The largest seller was Morgan Stanley, cutting an estimated $10.9M.

  • 104 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q4 2022, up from 81 in Q3 2022.
  • Funds reported $270M of BlackRock Science and Technology Term Trust stock for Q4 2022, down 1.9% quarter-over-quarter.
  • 36 funds opened new BlackRock Science and Technology Term Trust positions in Q4 2022 and 9 closed out, a net change of +27 holders.
  • The largest BlackRock Science and Technology Term Trust buyer in Q4 2022 was Logan Stone Capital, an estimated $11.7M added.
  • The largest BlackRock Science and Technology Term Trust seller in Q4 2022 was Morgan Stanley, an estimated $10.9M sold.

Based on aggregated 13F filings for Q4 2022.