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 ≈ $6.26.
Trends to Q1 2025
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 |
| Q2 2024 | 122 |
| Q3 2024 | 114 |
| Q4 2024 | 114 |
| Q1 2025 | 116 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 49 | 48 |
| Q3 2023 | 59 | 44 |
| Q4 2023 | 53 | 60 |
| Q1 2024 | 43 | 71 |
| Q2 2024 | 61 | 56 |
| Q3 2024 | 44 | 76 |
| Q4 2024 | 48 | 61 |
| Q1 2025 | 65 | 56 |
Biggest buyers
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +830.0k |
| ABSOLUTE INVESTMENT ADVISERS, LLC | Added | +732.4k |
| SIT INVESTMENT ASSOCIATES INC | Added | +648.3k |
| North Ground Capital | Added | +576.9k |
| CSS LLC/IL | Added | +562.5k |
| Saba Capital Management, L.P. | Added | +519.3k |
| Invesco Ltd. | Added | +405.4k |
| Shaker Financial Services, LLC | Added | +354.6k |
| Quarry LP | Added | +255.3k |
| Advisor Resource Council | New | +251.9k |
Biggest sellers
| RAYMOND JAMES FINANCIAL INC | Reduced | -397.9k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -377.5k |
| Alpine Global Management, LLC | Sold out | -375.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -312.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -292.6k |
| CORRADO ADVISORS, LLC | Sold out | -177.8k |
| Sanctuary Advisors, LLC | Reduced | -153.6k |
| Matisse Capital | Sold out | -139.7k |
| Quantedge Capital Pte Ltd | Reduced | -131.3k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -127.6k |
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 2025
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 |
|---|---|---|---|
| 2025-01-07 | Saba Capital Management, L.P. +1 10% owner | Bought | $458.6k59.6k shares |
| 2025-01-06 | Saba Capital Management, L.P. +1 10% owner | Bought | $2.2m282.1k shares |
| 2025-01-03 | Saba Capital Management, L.P. +1 10% owner | Bought | $536.7k70.9k shares |
| 2025-01-02 | Saba Capital Management, L.P. +1 10% owner | Bought | $795.4k106.6k shares |
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 2025
| Manager | Shares | Change |
|---|---|---|
| Saba Capital Management, L.P. 10.42% of their portfolio | 60.7m $379.8m | Added +519.3k |
| MORGAN STANLEY 0.00% of their portfolio | 5.7m $35.9m | Added +41.7k |
| SIT INVESTMENT ASSOCIATES INC 0.74% of their portfolio | 5.0m $31.5m | Added +648.3k |
| Invesco Ltd. 0.00% of their portfolio | 3.7m $23.0m | Added +405.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 2.5m $15.7m | Reduced -397.9k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 2.5m $15.4m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.5m $15.3m | Added +85.8k |
| Penserra Capital Management LLC 0.24% of their portfolio | 2.2m $13.7m | Added +42.7k |
| Sessa Capital IM, L.P. 0.52% of their portfolio | 2.0m $12.6m | Unchanged |
| ABSOLUTE INVESTMENT ADVISERS, LLC 1.83% of their portfolio | 2.0m $12.5m | Added +732.4k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.60% of their portfolio | 1.8m $11.3m | Added +830.0k |
| Karpus Management, Inc. 0.30% of their portfolio | 1.5m $9.3m | Reduced -27.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $7.9m | Reduced -312.4k |
| UBS Group AG 0.00% of their portfolio | 1.0m $6.5m | Reduced -40.6k |
| North Ground Capital 6.37% of their portfolio | 990.0k $6.3m | Added +576.9k |
| Quarry LP 1.21% of their portfolio | 767.4k $4.8m | Added +255.3k |
| CSS LLC/IL 0.31% of their portfolio | 717.8k $4.5m | Added +562.5k |
| BLUEFIN CAPITAL MANAGEMENT, LLC 2.97% of their portfolio | 591.5k $3.7m | First filing |
| Bulldog Investors, LLP 0.83% of their portfolio | 492.3k $3.1m | Added +199.6k |
| Shaker Financial Services, LLC 1.06% of their portfolio | 434.1k $2.7m | Added +354.6k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.46% of their portfolio | 384.5k $2.4m | Reduced -5.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 362.2k $2.3m | Added +4.7k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 356.7k $2.2m | Added +4.4k |
| 1607 Capital Partners, LLC 0.14% of their portfolio | 270.0k $1.7m | Added +4.1k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 258.5k $1.6m | Unchanged |
| Advisor Resource Council 0.13% of their portfolio | 251.9k $1.6m | New |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 248.2k $1.6m | Added +168.2k |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.40% of their portfolio | 240.2k $1.5m | Reduced -18.2k |
| OPPENHEIMER & CO INC 0.02% of their portfolio | 225.3k $1.4m | Reduced -11.4k |
| HBK INVESTMENTS L P 0.02% of their portfolio | 212.4k $1.3m | Reduced -108.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 200.8k $1.3m | Reduced -14.1k |
| Almitas Capital LLC 0.40% of their portfolio | 193.4k $1.2m | Added +236 |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.11% of their portfolio | 171.1k $1.1m | Reduced -377.5k |
| Virtus Investment Advisers, LLC 0.25% of their portfolio | 146.3k $916.0k | New |
| Yakira Capital Management, Inc. 0.36% of their portfolio | 141.0k $882.8k | Added +125.0k |
| Private Advisor Group, LLC 0.00% of their portfolio | 115.9k $725.5k | Added +10.6k |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 101.2k $633.7k | New |
| CITY HOLDING CO 0.08% of their portfolio | 95.5k $597.6k | New |
| WEDBUSH SECURITIES INC 0.02% of their portfolio | 94.2k $590.0k | Reduced -15.9k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 87.9k $550.1k | Added +2.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 76.1k $476.4k | Reduced -45.2k |
| Quantedge Capital Pte Ltd 0.15% of their portfolio | 74.4k $465.9k | Reduced -131.3k |
| READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio | 73.8k $462.1k | Reduced -57.8k |
| CHAPIN DAVIS, INC. 0.15% of their portfolio | 71.5k $447.3k | Reduced -12.0k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 68.4k $428.0k | Added +1.0k |
| OBSIDIAN CIO, LLC 0.07% of their portfolio | 67.2k $420.9k | Reduced -40.7k |
| LPL Financial LLC 0.00% of their portfolio | 58.9k $368.9k | Reduced -17.8k |
| UHLMANN PRICE SECURITIES, LLC 0.27% of their portfolio | 58.0k $363.1k | Added +2.1k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 57.4k $359.2k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 54.3k $339.9k | Added +19.1k |
| SeaCrest Wealth Management, LLC 0.04% of their portfolio | 51.2k $320.2k | Added +36.4k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 50.3k $314.8k | Added +8.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 46.4k $290.4k | Reduced -292.6k |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.04% of their portfolio | 40.0k $250.4k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 39.7k $248.4k | Reduced -250 |
| Concurrent Investment Advisors, LLC 0.01% of their portfolio | 37.6k $235.4k | Added +11.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 35.1k $220.0k | Unchanged |
| K2 PRINCIPAL FUND, L.P. 0.03% of their portfolio | 35.0k $219.1k | New |
| Noble Wealth Management PBC 0.14% of their portfolio | 33.4k $209.1k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 32.1k $200.9k | Reduced -2.4k |
| RFG Advisory, LLC 0.00% of their portfolio | 24.7k $154.6k | New |
| Mutual Advisors, LLC 0.00% of their portfolio | 24.4k $153.2k | New |
| Dakota Wealth Management 0.00% of their portfolio | 23.2k $145.3k | Added +7.6k |
| Samalin Investment Counsel, LLC 0.06% of their portfolio | 23.1k $144.3k | Reduced -1.8k |
| CreativeOne Wealth, LLC 0.00% of their portfolio | 22.7k $141.9k | Reduced -3.5k |
| Modera Wealth Management, LLC 0.00% of their portfolio | 22.3k $139.6k | Added +385 |
| National Philanthropic Trust 0.00% of their portfolio | 21.2k $132.6k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 20.7k $129.7k | Added +2.4k |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 20.6k $129.0k | Reduced -8.4k |
| PFG Investments, LLC 0.01% of their portfolio | 18.5k $116.1k | Added +1.2k |
| Clearstead Advisors, LLC 0.00% of their portfolio | 18.1k $113.2k | Added +12.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 16.8k $105.0k | Reduced -589 |
| TWO SIGMA SECURITIES, LLC 0.02% of their portfolio | 16.6k $103.8k | New |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 16.3k $101.7k | Added +1.1k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.00% of their portfolio | 16.2k $101.4k | Reduced -4.3k |
| Ignite Planners, LLC 0.02% of their portfolio | 15.8k $101.3k | Reduced -4.5k |
| &PARTNERS 0.00% of their portfolio | 15.6k $98.8k | Reduced -1.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 15.5k $97.0k | Added +705 |
| INSIGNEO ADVISORY SERVICES, LLC 0.01% of their portfolio | 15.1k $94.5k | Unchanged |
| INTEGRITY ALLIANCE, LLC. 0.00% of their portfolio | 14.1k $88.4k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.8k $86.4k | Reduced -10.9k |
| Successful Portfolios LLC 0.06% of their portfolio | 13.6k $85.1k | Reduced -1.0k |
| Creative Planning 0.00% of their portfolio | 13.1k $82.2k | Reduced -694 |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.01% of their portfolio | 12.9k $82.0k | New |
| City State Bank 0.03% of their portfolio | 12.9k $80.8k | New |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 12.8k $80.0k | Reduced -153.6k |
| J.W. COLE ADVISORS, INC. 0.00% of their portfolio | 12.8k $80.0k | Added +2.0k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 12.7k $79.7k | Added +1.7k |
| World Investment Advisors 0.00% of their portfolio | 12.5k $78.4k | New |
| David J Yvars Group 0.06% of their portfolio | 12.4k $77.4k | Added +1.7k |
| Pine Valley Investments Ltd Liability Co 0.00% of their portfolio | 12.2k $76.5k | Reduced -11.0k |
| BARRETT & COMPANY, INC. 0.03% of their portfolio | 11.5k $71.9k | Unchanged |
| 4WEALTH ADVISORS, INC. 0.08% of their portfolio | 11.0k $69.0k | Unchanged |
| NewEdge Wealth, LLC 0.00% of their portfolio | 10.8k $67.4k | Unchanged |
| SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio | 10.6k $66.4k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 10.0k $62.6k | New |
| Plancorp, LLC 0.00% of their portfolio | 10.0k $62.6k | New |
| CWM, LLC 0.00% of their portfolio | 9.1k $57.0k | Added +212 |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 8.8k $91.9k | New |
| COMERICA BANK 0.00% of their portfolio | 7.1k $44.2k | Reduced -1.2k |