BlackRock Technology and Private Equity Term Trust
BTX
51 hedge funds and large institutions have $280M invested in BlackRock Technology and Private Equity Term Trust in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 2 reducing their positions, and 6 closing their positions.
1,000% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 2
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
33% more capital invested
Capital invested by funds: $211M → $280M (+$68.8M)
21% more funds holding
Funds holding: 42 → 51 (+9)
2.31% more ownership
Funds ownership: 4.72% → 7.03% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$37.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$27.4M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.4M |
| 4 |
Lazard Asset Management
New York
|
+$5.89M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiedemann Advisors
New York
|
-$508K |
| 2 |
VF
Virtu Financial
New York
|
-$465K |
| 3 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
-$345K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$203K |
| 5 |
RCA
Ranch Capital Advisors
Sarasota,
Florida
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EW
51
Evoke Wealth
Los Angeles,
California
| $1K | +$1.94K | +100 | New |
|
|
TA
52
Tiedemann Advisors
New York
| – | -$508K | -25,000 | Closed |
|
|
VF
53
Virtu Financial
New York
| – | -$465K | -22,907 | Closed |
|
|
NFSG
54
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$345K | -17,000 | Closed |
|
|
55
Citadel Advisors
Miami,
Florida
| – | -$203K | -9,986 | Closed |
|
|
RCA
56
Ranch Capital Advisors
Sarasota,
Florida
| – | -$101K | -5,000 | Closed |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$30K | -1,500 | Closed |
|
BTX Hedge Fund Activity: Q3 2021 in Review
51 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q3 2021, worth a combined $280M — up 33% from $211M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BTX positions and 6 closed out — a net gain of 9 holders — while 22 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $37.3M. The largest seller was Tiedemann Advisors, exiting entirely with an estimated $508K sold.
- 51 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q3 2021, up from 42 in Q2 2021.
- Funds reported $280M of BlackRock Technology and Private Equity Term Trust stock for Q3 2021, up 33% quarter-over-quarter.
- 15 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q3 2021 and 6 closed out, a net change of +9 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q3 2021 was Morgan Stanley, an estimated $37.3M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q3 2021 was Tiedemann Advisors, an estimated $508K sold.
Based on aggregated 13F filings for Q3 2021.