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BlackRock Science and Technology Term Trust

98 hedge funds and large institutions have $518M invested in BlackRock Science and Technology Term Trust in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

12% more capital invested

Capital invested by funds: $461M → $518M (+$56.6M)

3.74% more ownership

Funds ownership: 30.44%34.18% (+3.7%)

6% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 33

1% less funds holding

Funds holding: 9998 (-1)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
98
Holders Change
-1
Holders Change %
-1.01%
% of All Funds
1.42%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.03%
New
16
Increased
35
Reduced
33
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$143M +$23.6M +1,259,189 +21%
Morgan Stanley
2
Morgan Stanley
New York
$60.5M +$158K +8,440 +0.3%
RCM
3
Rivernorth Capital Management
Florida
$34.5M +$8.38M +447,175 +35%
KIM
4
Karpus Investment Management
New York
$26.1M +$2.06M +109,846 +9%
Invesco
5
Invesco
Georgia
$21.7M -$446K -23,778 -2%
UBS Group
6
UBS Group
Switzerland
$21.5M -$1.45M -77,209 -7%
RJA
7
Raymond James & Associates
Florida
$18.7M +$534K +28,494 +3%
PCR
8
Potrero Capital Research
California
$16.9M +$3.93M +209,857 +33%
1CP
9
1607 Capital Partners
Virginia
$14M -$818K -43,625 -6%
WS
10
Wedbush Securities
California
$13.6M +$1.5M +80,260 +13%
Bank of America
11
Bank of America
North Carolina
$12.3M +$2.31K +123 +0%
AA
12
AQR Arbitrage
Connecticut
$12.3M -$644K -34,357 -5%
Lazard Asset Management
13
Lazard Asset Management
New York
$12.2M
RJFSA
14
Raymond James Financial Services Advisors
Florida
$10.4M -$24K -1,282 -0.2%
AW
15
Atlas Wealth
Ohio
$9.67M +$8.89M +474,224 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$9.43M +$162K +8,639 +2%
FHA
17
Flagship Harbor Advisors
Massachusetts
$6.5M +$6.12M +326,375 New
QC
18
Quantedge Capital
Singapore
$4.89M -$3.79M -201,895 -45%
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$4.37M +$1.34M +71,328 +48%
AGM
20
Alpine Global Management
New York
$3.88M +$2.09M +111,500 +134%
Wealth Enhancement Advisory Services
21
Wealth Enhancement Advisory Services
Minnesota
$3.73M -$88.7K -4,730 -2%
COLIM
22
City of London Investment Management
United Kingdom
$3.71M -$721K -38,474 -17%
LPL Financial
23
LPL Financial
California
$3.49M -$583K -31,111 -15%
BBPWM
24
Blue Bell Private Wealth Management
Pennsylvania
$3.16M +$560K +29,880 +23%
LA
25
LM Advisors
California
$2.78M -$123K -6,539 -4%

BSTZ Hedge Fund Activity: Q2 2024 in Review

98 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q2 2024, worth a combined $518M — up 12% from $461M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new BSTZ positions and 14 closed out — a net gain of 2 holders — while 35 added to existing stakes and 33 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $23.6M. The largest seller was Landscape Capital Management, exiting entirely with an estimated $4.55M sold.

  • 98 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q2 2024, down from 99 in Q1 2024.
  • Funds reported $518M of BlackRock Science and Technology Term Trust stock for Q2 2024, up 12% quarter-over-quarter.
  • 16 funds opened new BlackRock Science and Technology Term Trust positions in Q2 2024 and 14 closed out, a net change of +2 holders.
  • The largest BlackRock Science and Technology Term Trust buyer in Q2 2024 was Saba Capital Management, an estimated $23.6M added.
  • The largest BlackRock Science and Technology Term Trust seller in Q2 2024 was Landscape Capital Management, an estimated $4.55M sold.

Based on aggregated 13F filings for Q2 2024.