BlackRock Technology and Private Equity Term Trust
BTX
117 hedge funds and large institutions have $745M invested in BlackRock Technology and Private Equity Term Trust in 2025 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 20 closing their positions.
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
14% more capital invested
Capital invested by funds: $652M → $745M (+$92.4M)
3% more funds holding
Funds holding: 114 → 117 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.05% less ownership
Funds ownership: 47.6% → 47.55% (-0.05%)
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$4.39M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$3.96M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.24M |
| 4 |
QL
Quarry LP
New York
|
+$2.86M |
| 5 |
Lazard Asset Management
New York
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.76M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$3.55M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.52M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$105K | -16,819 | Closed |
|
|
TSS
127
Two Sigma Securities
New York
| – | -$104K | -16,579 | Closed |
|
|
IA
128
Integrity Alliance
Urbandale,
Iowa
| – | -$88.4K | -14,120 | Closed |
|
|
BCA
129
Bay Colony Advisors
Concord,
Massachusetts
| – | -$82K | -12,950 | Closed |
|
|
JWCA
130
J.W. Cole Advisors
Tampa,
Florida
| – | -$80K | -12,777 | Closed |
|
|
AAS
131
Avantax Advisory Services
Dallas,
Texas
| – | -$79.7K | -12,728 | Closed |
|
|
WIA
132
World Investment Advisors
Santa Barbara,
California
| – | -$78.4K | -12,519 | Closed |
|
|
PVI
133
Pine Valley Investments
Marlton,
New Jersey
| – | -$76.5K | -12,221 | Closed |
|
134
Corient Private Wealth
Miami,
Florida
| – | -$62.6K | -10,004 | Closed |
|
|
NRG
135
Nemes Rush Group
Novi,
Michigan
| – | -$8.37K | -1,337 | Closed |
|
|
TJHA
136
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$5.64K | -901 | Closed |
|
137
Jones Financial Companies
Des Peres,
Missouri
| – | -$3.21K | -507 | Closed |
|
BTX Hedge Fund Activity: Q2 2025 in Review
117 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q2 2025, worth a combined $745M — up 14% from $652M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BTX positions and 20 closed out — a net gain of 4 holders — while 33 added to existing stakes and 38 trimmed.
The largest buyer was Yakira Capital Management, adding an estimated $4.39M. The largest seller was Royal Bank of Canada, cutting an estimated $12.6M.
- 117 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q2 2025, up from 114 in Q1 2025.
- Funds reported $745M of BlackRock Technology and Private Equity Term Trust stock for Q2 2025, up 14% quarter-over-quarter.
- 24 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q2 2025 and 20 closed out, a net change of +4 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q2 2025 was Yakira Capital Management, an estimated $4.39M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q2 2025 was Royal Bank of Canada, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2025.