BlackRock Technology and Private Equity Term Trust
107 hedge funds and large institutions have $294M invested in BlackRock Technology and Private Equity Term Trust in 2022 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 11 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
16% more funds holding
Funds holding: 92 → 107 (+15)
1.56% more ownership
Funds ownership: 16.84% → 18.39% (+1.6%)
0% more capital invested
Capital invested by funds: $294M → $294M (+$120K)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$27.2M |
| 2 |
SCM
Saba Capital Management
New York
|
+$11.7M |
| 3 |
QC
Quantedge Capital
Singapore
|
+$11.2M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.55M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$12.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$6.12M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.71M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.2M |
BTX Hedge Fund Activity: Q3 2022 in Review
107 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackRock Technology and Private Equity Term Trust (BTX) for Q3 2022, worth a combined $294M — up 0.04% from $294M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BTX positions and 11 closed out — a net gain of 16 holders — while 31 added to existing stakes and 32 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $27.2M. The largest seller was Rivernorth Capital Management, cutting an estimated $12.1M.
- 107 institutional investors held BlackRock Technology and Private Equity Term Trust (BTX) as of Q3 2022, up from 92 in Q2 2022.
- Funds reported $294M of BlackRock Technology and Private Equity Term Trust stock for Q3 2022, up 0.04% quarter-over-quarter.
- 27 funds opened new BlackRock Technology and Private Equity Term Trust positions in Q3 2022 and 11 closed out, a net change of +16 holders.
- The largest BlackRock Technology and Private Equity Term Trust buyer in Q3 2022 was Cornerstone Advisors, an estimated $27.2M added.
- The largest BlackRock Technology and Private Equity Term Trust seller in Q3 2022 was Rivernorth Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2022.