BlackRock Technology and Private Equity Term Trust
BTX
84 hedge funds and large institutions have $374M invested in BlackRock Technology and Private Equity Term Trust in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 19 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
4% more funds holding
Funds holding: 81 → 84 (+3)
0.91% less ownership
Funds ownership: 15.86% → 14.95% (-0.91%)
26% less capital invested
Capital invested by funds: $507M → $374M (-$133M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$21.1M |
| 2 |
Morgan Stanley
New York
|
+$13.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.57M |
| 4 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
+$6.27M |
| 5 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$34.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$26M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$14.5M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.61M |
| 5 |
SCM
Saba Capital Management
New York
|
-$4.81M |
BTX Hedge Fund Activity: Q1 2022 in Review
84 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q1 2022, worth a combined $374M — down 26% from $507M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BTX positions and 19 closed out — a net gain of 4 holders — while 30 added to existing stakes and 20 trimmed.
The largest buyer was UBS Group, adding an estimated $21.1M. The largest seller was City of London Investment Management, cutting an estimated $34.6M.
- 84 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q1 2022, up from 81 in Q4 2021.
- Funds reported $374M of BlackRock Technology and Private Equity Term Trust stock for Q1 2022, down 26% quarter-over-quarter.
- 23 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q1 2022 and 19 closed out, a net change of +4 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q1 2022 was UBS Group, an estimated $21.1M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q1 2022 was City of London Investment Management, an estimated $34.6M sold.
Based on aggregated 13F filings for Q1 2022.