BLACKROCK INNOVATION AND GRW BTX
SHS BEN INT · Closed-End Fund · CUSIP 09260Q108
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $8.14.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 107 |
| Q4 2022 | 112 |
| Q1 2023 | 106 |
| Q2 2023 | 108 |
| Q3 2023 | 115 |
| Q4 2023 | 118 |
| Q1 2024 | 111 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 56 | 51 |
| Q1 2023 | 58 | 50 |
| Q2 2023 | 49 | 48 |
| Q3 2023 | 59 | 44 |
| Q4 2023 | 53 | 60 |
| Q1 2024 | 43 | 71 |
Biggest buyers
| Saba Capital Management, L.P. | Added | +8.2m |
| MORGAN STANLEY | Added | +4.4m |
| SIT INVESTMENT ASSOCIATES INC | Added | +3.0m |
| Sessa Capital IM, L.P. | New | +2.4m |
| Invesco Ltd. | Added | +367.1k |
| Karpus Management, Inc. | Added | +291.6k |
| ABSOLUTE INVESTMENT ADVISERS, LLC | New | +218.8k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | Added | +144.5k |
| Raymond James Financial Services Advisors, Inc. | Added | +125.7k |
| Flow State Investments, L.P. | New | +118.0k |
Biggest sellers
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -1.5m |
| Cornerstone Advisors, LLC | Reduced | -1.3m |
| D. E. Shaw & Co., Inc. | Reduced | -718.7k |
| Quantedge Capital Pte Ltd | Reduced | -390.2k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -337.5k |
| ROYAL BANK OF CANADA | Reduced | -167.9k |
| HighTower Advisors, LLC | Reduced | -142.9k |
| Walleye Capital LLC | Sold out | -132.6k |
| LM Advisors LLC | Reduced | -113.7k |
| Shaker Financial Services, LLC | Reduced | -109.3k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution new · filed 2026-05-11 | 5.3% |
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-28 | Saba Capital Management, L.P. +1 10% owner | Bought | $866.0k106.3k shares |
| 2024-03-27 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.5m186.0k shares |
| 2024-03-26 | Saba Capital Management, L.P. +1 10% owner | Bought | $802.8k100.1k shares |
| 2024-03-25 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.2m152.7k shares |
| 2024-03-22 | Saba Capital Management, L.P. +1 10% owner | Bought | $797.0k100.0k shares |
| 2024-03-21 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.6m194.0k shares |
| 2024-03-20 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.9m241.9k shares |
| 2024-03-08 | Saba Capital Management, L.P. +1 10% owner | Bought | $427.9k52.8k shares |
| 2024-03-07 | Saba Capital Management, L.P. +1 10% owner | Bought | $137.1k17.0k shares |
| 2024-03-06 | Saba Capital Management, L.P. +1 10% owner | Bought | $851.3k106.5k shares |
| 2024-03-01 | Saba Capital Management, L.P. +1 10% owner | Bought | $355.4k44.1k shares |
| 2024-02-29 | Saba Capital Management, L.P. +1 10% owner | Bought | $481.2k60.1k shares |
| 2024-02-28 | Saba Capital Management, L.P. +1 10% owner | Bought | $635.2k79.2k shares |
| 2024-02-27 | Saba Capital Management, L.P. +1 10% owner | Bought | $2.7m331.8k shares |
| 2024-02-26 | Saba Capital Management, L.P. +1 10% owner | Bought | $2.2m273.7k shares |
| 2024-02-23 | Saba Capital Management, L.P. +1 10% owner | Bought | $3.2m391.6k shares |
| 2024-02-22 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.4m178.6k shares |
| 2024-02-21 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.1m137.2k shares |
| 2024-02-20 | Saba Capital Management, L.P. +1 10% owner | Bought | $445.0k56.3k shares |
| 2024-02-16 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.3m163.6k shares |
| 2024-02-15 | Saba Capital Management, L.P. +1 10% owner | Bought | $3.9m486.5k shares |
| 2024-02-13 | Saba Capital Management, L.P. +1 10% owner | Bought | $2.5m312.7k shares |
| 2024-02-12 | Saba Capital Management, L.P. +1 10% owner | Bought | $3.6m432.6k shares |
| 2024-02-09 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.8m222.0k shares |
| 2024-02-08 | Saba Capital Management, L.P. +1 10% owner | Bought | $517.4k64.8k shares |
| 2024-02-07 | Saba Capital Management, L.P. +1 10% owner | Bought | $3.2m401.6k shares |
| 2024-02-06 | Saba Capital Management, L.P. +1 10% owner | Bought | $1.7m213.5k shares |
| 2024-02-05 | Saba Capital Management, L.P. +1 10% owner | Bought | $226.4k29.4k shares |
| 2024-02-02 | Saba Capital Management, L.P. +1 10% owner | Bought | $926.5k119.2k shares |
| 2024-02-01 | Saba Capital Management, L.P. +1 10% owner | Bought | $669.8k87.4k shares |
The latest 30 of 44 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Saba Capital Management, L.P. 9.28% of their portfolio | 52.0m $423.0m | Added +8.2m |
| MORGAN STANLEY 0.00% of their portfolio | 16.2m $132.0m | Added +4.4m |
| SIT INVESTMENT ASSOCIATES INC 0.96% of their portfolio | 5.1m $41.8m | Added +3.0m |
| Invesco Ltd. 0.01% of their portfolio | 3.2m $26.3m | Added +367.1k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 2.6m $21.0m | Unchanged |
| Sessa Capital IM, L.P. 0.76% of their portfolio | 2.4m $19.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.2m $18.1m | Reduced -124 |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 1.9m $15.1m | Added +17.0k |
| Cornerstone Advisors, LLC 0.57% of their portfolio | 1.7m $13.8m | Reduced -1.3m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.6m $12.9m | Reduced -167.9k |
| Karpus Management, Inc. 0.35% of their portfolio | 1.5m $12.2m | Added +291.6k |
| UBS Group AG 0.00% of their portfolio | 1.5m $11.9m | Reduced -24.2k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 1.4m $11.8m | Added +125.7k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.53% of their portfolio | 793.3k $6.5m | Reduced -1.5m |
| 1607 Capital Partners, LLC 0.44% of their portfolio | 655.9k $5.3m | Reduced -88.8k |
| Quantedge Capital Pte Ltd 2.02% of their portfolio | 590.9k $4.8m | Reduced -390.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 417.4k $3.4m | Reduced -718.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 379.1k $3.1m | Reduced -37.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 332.9k $2.7m | Reduced -39.1k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 332.9k $2.7m | Unchanged |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 332.7k $2.7m | Added +647 |
| CORRADO ADVISORS, LLC 1.33% of their portfolio | 248.3k $2.0m | Reduced -49.0k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.41% of their portfolio | 235.1k $1.9m | Added +144.5k |
| OPPENHEIMER & CO INC 0.03% of their portfolio | 231.1k $1.9m | Reduced -13.8k |
| ABSOLUTE INVESTMENT ADVISERS, LLC 0.24% of their portfolio | 218.8k $1.8m | New |
| HBK INVESTMENTS L P 0.04% of their portfolio | 196.5k $1.6m | Unchanged |
| Matisse Capital 0.74% of their portfolio | 190.0k $1.5m | Reduced -21.0k |
| WEDBUSH SECURITIES INC 0.06% of their portfolio | 183.9k $1.5m | Reduced -2.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 123.3k $1.0m | Reduced -15.8k |
| Flow State Investments, L.P. 0.28% of their portfolio | 118.0k $960.4k | New |
| OBSIDIAN CIO, LLC 0.23% of their portfolio | 116.2k $945.6k | Reduced -12.9k |
| Quarry LP 0.38% of their portfolio | 113.3k $922.3k | Added +80.0k |
| Private Advisor Group, LLC 0.01% of their portfolio | 111.3k $906.1k | Reduced -3.5k |
| VIRTUS ADVISERS, LLC 0.40% of their portfolio | 92.1k $749.9k | Added +17.9k |
| CHAPIN DAVIS, INC. 0.26% of their portfolio | 85.9k $699.1k | Unchanged |
| Baird Financial Group, Inc. 0.00% of their portfolio | 83.5k $679.9k | Unchanged |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 78.3k $637.5k | Reduced -37.0k |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 73.8k $600.9k | Reduced -38.6k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 69.2k $563.0k | Added +6.2k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 67.1k $546.1k | Added +1.6k |
| LPL Financial LLC 0.00% of their portfolio | 63.8k $519.6k | Reduced -52.9k |
| Pine Valley Investments Ltd Liability Co 0.04% of their portfolio | 60.3k $491.2k | Reduced -3.3k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 54.5k $443.5k | Added +25.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 47.4k $386.0k | Added +12.9k |
| Clear Harbor Asset Management, LLC 0.03% of their portfolio | 44.0k $358.0k | Reduced -33.7k |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 43.5k $354.4k | Reduced -2.2k |
| Stonebrook Private Inc. 0.10% of their portfolio | 42.6k $346.6k | Reduced -3.0k |
| LM Advisors LLC 0.06% of their portfolio | 40.9k $333.0k | Reduced -113.7k |
| Shaker Financial Services, LLC 0.12% of their portfolio | 39.0k $317.5k | Reduced -109.3k |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 38.6k $268.4k | Added +4.8k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 37.1k $302.3k | Reduced -38.5k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 32.1k $261.4k | Added +2.8k |
| Ignite Planners, LLC 0.07% of their portfolio | 30.4k $246.5k | Reduced -4.2k |
| SkyView Investment Advisors, LLC 0.05% of their portfolio | 30.0k $244.0k | Reduced -20.0k |
| Corient Private Wealth LP 0.00% of their portfolio | 29.2k $224.9k | New |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 29.0k $236.2k | Added +6.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 28.9k $235.0k | Added +6 |
| INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio | 25.1k $204.3k | Unchanged |
| National Philanthropic Trust 0.00% of their portfolio | 25.0k $203.5k | Reduced -6.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 22.5k $183.0k | Reduced -486 |
| EPIQ PARTNERS, LLC 0.12% of their portfolio | 22.0k $178.9k | Reduced -3.5k |
| PRUDENT INVESTORS NETWORK, INC. 0.07% of their portfolio | 21.3k $173.5k | First filing |
| Modera Wealth Management, LLC 0.00% of their portfolio | 20.3k $165.6k | Added +171 |
| NewEdge Wealth, LLC 0.00% of their portfolio | 20.3k $146.2k | Reduced -42.9k |
| DIMENSION CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 20.0k $162.8k | New |
| Dakota Wealth Management 0.00% of their portfolio | 19.4k $157.9k | Added +233 |
| CWM, LLC 0.00% of their portfolio | 18.9k $154.0k | Added +11.5k |
| Claro Advisors Inc. 0.02% of their portfolio | 17.6k $143.3k | Reduced -2.8k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.01% of their portfolio | 16.7k $122.3k | Unchanged |
| Creative Planning 0.00% of their portfolio | 16.5k $133.9k | Reduced -9.4k |
| MAI Capital Management 0.00% of their portfolio | 16.1k $130.9k | New |
| CSS LLC/IL 0.01% of their portfolio | 16.0k $129.9k | Reduced -3.0k |
| HighTower Advisors, LLC 0.00% of their portfolio | 15.6k $128.0k | Reduced -142.9k |
| WHITTIER TRUST CO 0.00% of their portfolio | 15.0k $122.1k | New |
| Successful Portfolios LLC 0.08% of their portfolio | 14.8k $120.4k | Unchanged |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 14.7k $120.0k | Reduced -207 |
| BARRETT & COMPANY, INC. 0.06% of their portfolio | 14.4k $116.8k | Reduced -421 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.6k $110.7k | Reduced -59.6k |
| Amplius Wealth Advisors, LLC 0.01% of their portfolio | 13.6k $110.4k | Reduced -7.2k |
| PFG Investments, LLC 0.01% of their portfolio | 13.4k $109.4k | New |
| Covestor Ltd 0.07% of their portfolio | 12.9k $105.0k | Unchanged |
| David J Yvars Group 0.07% of their portfolio | 11.9k $96.6k | Reduced -10.5k |
| Carson Advisory Inc. 0.06% of their portfolio | 11.0k $89.6k | Added +311 |
| COMERICA BANK 0.00% of their portfolio | 10.3k $83.6k | Reduced -4.1k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 10.1k $82.6k | Reduced -1.0k |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 9.3k $75.6k | Reduced -2.5k |
| BlackRock Inc. 0.00% of their portfolio | 8.9k $72.4k | Added +3.9k |
| Register Financial Advisors LLC 0.03% of their portfolio | 6.5k $52.5k | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 5.5k $44.9k | New |
| Activest Wealth Management 0.02% of their portfolio | 4.0k $32.7k | Added +48 |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.00% of their portfolio | 4.0k $32.6k | New |
| Nemes Rush Group LLC 0.00% of their portfolio | 2.5k $20.4k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 2.5k $20.0k | New |
| Investors Research Corp 0.00% of their portfolio | 2.1k $17.1k | Unchanged |
| Caldwell Trust Co 0.00% of their portfolio | 2.0k $16.3k | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 1.7k $14.0k | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 1.1k $9.3k | Unchanged |
| FIRST UNITED BANK & TRUST 0.00% of their portfolio | 700 $5.7k | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.00% of their portfolio | 681 $5.5k | Unchanged |
| Center for Financial Planning, Inc. 0.00% of their portfolio | 600 $4.9k | New |