BlackRock Technology and Private Equity Term Trust
BTX
81 hedge funds and large institutions have $507M invested in BlackRock Technology and Private Equity Term Trust in 2021 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 28 increasing their positions, 6 reducing their positions, and 6 closing their positions.
500% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 6
367% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 6
81% more capital invested
Capital invested by funds: $280M → $507M (+$227M)
59% more funds holding
Funds holding: 51 → 81 (+30)
8.83% more ownership
Funds ownership: 7.03% → 15.86% (+8.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$75.3M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$59.5M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$37.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$20.5M |
| 5 |
Morgan Stanley
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$961K |
| 2 |
GA
GFS Advisors
Houston,
Texas
|
-$653K |
| 3 |
QP
Quilter Plc
London,
United Kingdom
|
-$272K |
| 4 |
TNA
True North Advisors
Dallas,
Texas
|
-$252K |
| 5 |
S
SignatureFD
Atlanta,
Georgia
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWCFA
76
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $7K | – | – | – |
|
77
Koshinski Asset Management
Decatur,
Illinois
| $5.88K | +$50 | +3 | +0.7% |
|
|
EW
78
Evoke Wealth
Los Angeles,
California
| $1K | – | – | – |
|
|
PWMG
79
Prestige Wealth Management Group
Flemington,
New Jersey
| $1K | – | – | – |
|
|
NFG
80
Next Financial Group
Houston,
Texas
| $1K | +$1.66K | +100 | New |
|
|
QP
81
Quilter Plc
London,
United Kingdom
| – | -$272K | -15,000 | Closed |
|
|
TNA
82
True North Advisors
Dallas,
Texas
| – | -$252K | -13,942 | Closed |
|
|
S
83
SignatureFD
Atlanta,
Georgia
| – | -$230K | -12,691 | Closed |
|
|
CAM
84
Cresset Asset Management
Chicago,
Illinois
| – | -$229K | -12,639 | Closed |
|
85
HighTower Advisors
Chicago,
Illinois
| – | -$198K | -10,894 | Closed |
|
|
HIA
86
Harbor Investment Advisory
Lutherville,
Maryland
| – | -$29K | -1,750 | Closed |
|
87
Fidelity Investments
Boston,
Massachusetts
| – | +$83 | +5 | New |
|
BTX Hedge Fund Activity: Q4 2021 in Review
81 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q4 2021, worth a combined $507M — up 81% from $280M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BTX positions and 6 closed out — a net gain of 30 holders — while 28 added to existing stakes and 6 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $75.3M. The largest seller was Osaic Holdings, cutting an estimated $961K.
- 81 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q4 2021, up from 51 in Q3 2021.
- Funds reported $507M of BlackRock Technology and Private Equity Term Trust stock for Q4 2021, up 81% quarter-over-quarter.
- 36 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q4 2021 and 6 closed out, a net change of +30 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q4 2021 was City of London Investment Management, an estimated $75.3M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q4 2021 was Osaic Holdings, an estimated $961K sold.
Based on aggregated 13F filings for Q4 2021.