BlackRock Science and Technology Term Trust
BSTZ
90 hedge funds and large institutions have $282M invested in BlackRock Science and Technology Term Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
82% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 22
0.09% less ownership
Funds ownership: 19.99% → 19.91% (-0.09%)
4% less capital invested
Capital invested by funds: $292M → $282M (-$10.2M)
4% less funds holding
Funds holding: 94 → 90 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.37M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.31M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$944K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$902K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$861K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.58M |
| 2 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$3.42M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.65M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.44M |
| 5 |
JP Morgan Chase
New York
|
-$1.1M |
BSTZ Hedge Fund Activity: Q2 2023 in Review
90 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q2 2023, worth a combined $282M — down 3.5% from $292M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BSTZ and 8 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 40 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $2.37M. The largest seller was Morgan Stanley, cutting an estimated $4.58M.
- 90 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q2 2023, down from 94 in Q1 2023.
- Funds reported $282M of BlackRock Science and Technology Term Trust stock for Q2 2023, down 3.5% quarter-over-quarter.
- 8 funds opened new BlackRock Science and Technology Term Trust positions in Q2 2023 and 11 closed out, a net change of -3 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q2 2023 was HighTower Advisors, an estimated $2.37M added.
- The largest BlackRock Science and Technology Term Trust seller in Q2 2023 was Morgan Stanley, an estimated $4.58M sold.
Based on aggregated 13F filings for Q2 2023.