BlackRock Science and Technology Term Trust
BSTZ
125 hedge funds and large institutions have $466M invested in BlackRock Science and Technology Term Trust in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 32 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
47% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 32
11% more capital invested
Capital invested by funds: $419M → $466M (+$46.5M)
10% more funds holding
Funds holding: 114 → 125 (+11)
2.32% more ownership
Funds ownership: 26.15% → 28.48% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$19.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.6M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.13M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.65M |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.56M |
| 2 |
LA
LM Advisors
San Diego,
California
|
-$994K |
| 3 |
FM
Family Management
New York
|
-$731K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$701K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$484K |
BSTZ Hedge Fund Activity: Q4 2025 in Review
125 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q4 2025, worth a combined $466M — up 11% from $419M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BSTZ positions and 9 closed out — a net gain of 12 holders — while 47 added to existing stakes and 32 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $19.2M. The largest seller was Invesco, cutting an estimated $1.56M.
- 125 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q4 2025, up from 114 in Q3 2025.
- Funds reported $466M of BlackRock Science and Technology Term Trust stock for Q4 2025, up 11% quarter-over-quarter.
- 21 funds opened new BlackRock Science and Technology Term Trust positions in Q4 2025 and 9 closed out, a net change of +12 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q4 2025 was Saba Capital Management, an estimated $19.2M added.
- The largest BlackRock Science and Technology Term Trust seller in Q4 2025 was Invesco, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2025.