BlackRock Technology and Private Equity Term Trust
92 hedge funds and large institutions have $294M invested in BlackRock Technology and Private Equity Term Trust in 2022 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 18 reducing their positions, and 12 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 18
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
11% more funds holding
Funds holding: 83 → 92 (+9)
1.92% more ownership
Funds ownership: 14.92% → 16.84% (+1.9%)
21% less capital invested
Capital invested by funds: $374M → $294M (-$79.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quantedge Capital
Singapore
|
+$16.2M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$8.98M |
| 3 |
LPL Financial
San Diego,
California
|
+$7.78M |
| 4 |
Lazard Asset Management
New York
|
+$7.09M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$6.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$13.7M |
| 2 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$10.6M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.34M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.88M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.96M |
BTX Hedge Fund Activity: Q2 2022 in Review
92 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q2 2022, worth a combined $294M — down 21% from $374M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BTX positions and 12 closed out — a net gain of 9 holders — while 40 added to existing stakes and 18 trimmed.
The largest buyer was Quantedge Capital, opening a new position worth an estimated $16.2M. The largest seller was UBS Group, cutting an estimated $13.7M.
- 92 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q2 2022, up from 83 in Q1 2022.
- Funds reported $294M of BlackRock Technology and Private Equity Term Trust stock for Q2 2022, down 21% quarter-over-quarter.
- 21 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q2 2022 and 12 closed out, a net change of +9 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q2 2022 was Quantedge Capital, an estimated $16.2M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q2 2022 was UBS Group, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2022.