BlackRock Technology and Private Equity Term Trust
BTX
114 hedge funds and large institutions have $652M invested in BlackRock Technology and Private Equity Term Trust in 2025 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 21 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
21% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 34
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
2% more funds holding
Funds holding: 112 → 114 (+2)
1.75% more ownership
Funds ownership: 45.85% → 47.6% (+1.8%)
13% less capital invested
Capital invested by funds: $747M → $652M (-$94.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.17M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$5.45M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.82M |
| 4 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$4.29M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.96M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.81M |
| 3 |
AGM
Alpine Global Management
New York
|
-$2.79M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.32M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
MML Investors Services
Springfield,
Massachusetts
| – | -$80K | -10,811 | Closed |
|
|
CA
127
CoreCap Advisors
Southfield,
Michigan
| – | -$74.4K | -10,000 | Closed |
|
128
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$51.1K | -6,660 | Closed |
|
|
MHIP
129
Mountain Hill Investment Partners
Atlantic Highlands,
New Jersey
| – | -$22.3K | -3,000 | Closed |
|
|
FFA
130
Farther Finance Advisors
San Francisco,
California
| – | -$9.11K | -1,225 | Closed |
|
131
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3.72K | -500 | Closed |
|
|
CAS
132
Coppell Advisory Solutions
Coppell,
Texas
| – | -$3.23K | -434 | Closed |
|
133
Fidelity Investments
Boston,
Massachusetts
| – | -$1.42K | -191 | Closed |
|
134
Barclays
London,
United Kingdom
| – | -$1.26K | -150 | Closed |
|
|
IA
135
IFP Advisors
Tampa,
Florida
| – | -$744 | -100 | Closed |
|
BTX Hedge Fund Activity: Q1 2025 in Review
114 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q1 2025, worth a combined $652M — down 13% from $747M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BTX positions and 21 closed out — a net gain of 3 holders — while 41 added to existing stakes and 34 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $6.17M. The largest seller was Raymond James Financial, cutting an estimated $2.96M.
- 114 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q1 2025, up from 112 in Q4 2024.
- Funds reported $652M of BlackRock Technology and Private Equity Term Trust stock for Q1 2025, down 13% quarter-over-quarter.
- 24 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q1 2025 and 21 closed out, a net change of +3 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q1 2025 was Rivernorth Capital Management, an estimated $6.17M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q1 2025 was Raymond James Financial, an estimated $2.96M sold.
Based on aggregated 13F filings for Q1 2025.