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BTX

BlackRock Technology and Private Equity Term Trust

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.

New
Increased
Maintained
Reduced
Closed

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: 8184 (+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: 30 (-3)

Holders
84
Holders Change
+3
Holders Change %
+3.7%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
30
Reduced
20
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$101M +$13.6M +1,079,129 +14%
Bank of America
2
Bank of America
North Carolina
$48.2M +$6.57M +521,337 +14%
UBS Group
3
UBS Group
Switzerland
$44.4M +$21.1M +1,677,919 +76%
RJA
4
Raymond James & Associates
Florida
$25.6M -$172K -13,661 -0.6%
RCM
5
Rivernorth Capital Management
Florida
$23.5M -$26M -2,060,841 -50%
COLIM
6
City of London Investment Management
United Kingdom
$20.4M -$34.6M -2,747,550 -60%
KIM
7
Karpus Investment Management
New York
$18.9M -$7.61M -603,642 -27%
AWA
8
Amplius Wealth Advisors
Pennsylvania
$14.7M +$6.27M +497,614 +63%
Lazard Asset Management
9
Lazard Asset Management
New York
$8.97M +$139K +11,038 +1%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$8.21M +$2.41M +190,959 +36%
Wells Fargo
11
Wells Fargo
California
$7.7M +$237K +18,809 +3%
Stifel Financial
12
Stifel Financial
Missouri
$6M +$1.2M +95,137 +22%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.68M +$799K +63,415 +24%
Ameriprise
14
Ameriprise
Minnesota
$3.47M +$1.57M +124,353 +69%
CA
15
Corrado Advisors
New Jersey
$2.94M +$3.26M +258,487 New
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$2.81M +$2.84M +225,014 +1,060%
EP
17
EPIQ Partners
Minnesota
$2.61M +$2.89M +229,293 New
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$2.41M +$1.12M +88,615 +72%
CCP
19
Clough Capital Partners
Massachusetts
$2.33M +$180K +14,318 +8%
ST
20
Sentinel Trust
Texas
$2.21M +$2.45M +194,272 New
OC
21
Oppenheimer & Co
New York
$2.01M +$889K +70,576 +66%
MC
22
Matisse Capital
Oregon
$1.71M
1CP
23
1607 Capital Partners
Virginia
$1.64M +$29K +2,300 +2%
WAM
24
Wolverine Asset Management
Illinois
$1.57M -$2.53M -200,738 -59%
WS
25
Wedbush Securities
California
$1.17M +$210K +16,653 +19%

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.