Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public)
November 28 2023 - 12:39PM
Edgar (US Regulatory)
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| Consolidated Schedule of Investments (unaudited)
September 30, 2023 |
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BlackRock Science and Technology Term Trust (BSTZ)
(Percentages shown are based on Net Assets) |
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| Security |
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Shares |
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Value |
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| Common Stocks |
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| Automobiles — 2.5% |
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| Tesla, Inc.(a) |
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156,084 |
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$ |
39,055,339 |
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| Broadline Retail(a) — 2.0% |
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| Coupang, Inc., Class A |
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588,256 |
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10,000,352 |
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| MercadoLibre, Inc. |
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16,378 |
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20,765,339 |
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30,765,691 |
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| Chemicals — 0.4% |
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| Fujimi, Inc. |
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268,100 |
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5,383,440 |
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| Communications Equipment — 1.2% |
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| Accton Technology Corp. |
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1,188,000 |
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18,226,501 |
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| Consumer Finance — 1.0% |
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| Kaspi.KZ JSC, GDR, Registered Shares(b) |
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158,379 |
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15,331,087 |
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| Diversified Consumer Services — 0.2% |
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| Think & Learn Private Ltd., (Acquired 09/30/20, Cost: $7,113,729)(c)(d) |
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4,651 |
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3,503,142 |
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| Electronic Equipment, Instruments & Components — 6.5% |
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| Delta Electronics, Inc. |
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1,408,000 |
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14,181,263 |
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| Ibiden Co. Ltd. |
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232,500 |
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12,331,876 |
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| Jabil, Inc. |
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290,548 |
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36,867,636 |
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| Lotes Co. Ltd. |
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253,000 |
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6,465,474 |
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| Samsung SDI Co. Ltd. |
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32,939 |
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12,448,058 |
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| Unimicron Technology Corp. |
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1,494,000 |
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8,060,520 |
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| Yageo Corp. |
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580,000 |
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9,444,608 |
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99,799,435 |
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| Entertainment — 3.2% |
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| CD Projekt SA |
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102,908 |
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2,940,307 |
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| Nexon Co. Ltd. |
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387,400 |
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6,922,310 |
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| Roku, Inc., Class A(a) |
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94,319 |
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6,657,978 |
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| Spotify Technology SA(a) |
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82,970 |
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12,830,481 |
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| Take-Two Interactive Software, Inc.(a) |
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146,402 |
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20,553,377 |
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49,904,453 |
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| Financial Services — 0.8% |
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| GMO Payment Gateway, Inc. |
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113,500 |
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6,192,967 |
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| Wise PLC, Class A(a) |
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815,450 |
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6,800,329 |
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12,993,296 |
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| Hotels, Restaurants & Leisure(a) — 0.8% |
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| Expedia Group, Inc. |
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50,881 |
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5,244,305 |
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| Trip.com Group Ltd., ADR(e) |
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197,348 |
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6,901,259 |
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12,145,564 |
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| Household Durables — 0.4% |
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| Nikon Corp. |
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527,500 |
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5,555,574 |
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| Interactive Media & Services — 1.1% |
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| NAVER Corp. |
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60,667 |
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9,070,607 |
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| Pinterest, Inc., Class A(a) |
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301,091 |
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8,138,490 |
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17,209,097 |
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| IT Services — 4.9% |
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| Automattic, Inc., Series E, (Acquired 02/03/21, Cost: $34,000,000)(c)(d) |
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400,000 |
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20,248,000 |
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| CNEX Labs, Inc., (Acquired 12/14/21,
Cost: $5,699,998)(c)(d) |
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1,161,804 |
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2,358,462 |
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| Klarna Holdings AB, (Acquired 08/07/19,
Cost: $23,354,997)(c)(d) |
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86,839 |
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17,015,454 |
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| Security |
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Shares |
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Value |
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| IT Services (continued) |
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| MongoDB, Inc., Class A(a)(e) |
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68,308 |
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$ |
23,625,005 |
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| TRAX Ltd., Series D, (Acquired 09/12/19,
Cost: $10,999,988)(c)(d) |
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293,333 |
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7,823,191 |
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| TRAX Ltd., Series E, (Acquired 02/18/21,
Cost: $9,999,998)(c)(d) |
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191,806 |
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5,115,466 |
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76,185,578 |
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| Media — 1.6% |
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| Informa PLC |
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2,696,754 |
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24,625,320 |
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| Professional Services — 2.2% |
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| Legalzoom.com, Inc.(a) |
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751,332 |
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8,219,572 |
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| TransUnion |
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89,289 |
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6,410,057 |
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| Wolters Kluwer NV |
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157,375 |
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19,054,244 |
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33,683,873 |
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| Semiconductors & Semiconductor Equipment — 24.0% |
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| Aixtron SE |
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186,602 |
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6,834,999 |
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| Alchip Technologies Ltd. |
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161,000 |
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13,495,160 |
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| Alphawave IP Group PLC(a) |
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5,215,855 |
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7,267,533 |
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| ARM Holdings PLC, ADR(a)(f) |
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168,754 |
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9,031,714 |
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| ASM International NV |
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64,945 |
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27,120,544 |
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| ASPEED Technology, Inc. |
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125,000 |
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10,767,797 |
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| Axcelis Technologies, Inc.(a)(f) |
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61,245 |
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9,985,997 |
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| BE Semiconductor Industries NV |
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177,834 |
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17,393,301 |
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| Credo Technology Group Holding Ltd.(a) |
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1,650,391 |
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25,168,463 |
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| eMemory Technology, Inc. |
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100,000 |
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6,278,375 |
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| Lasertec Corp. |
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84,800 |
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13,187,451 |
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| Lattice Semiconductor Corp.(a)(f) |
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362,845 |
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31,179,271 |
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| Marvell Technology, Inc.(e) |
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358,855 |
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19,424,821 |
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| Monolithic Power Systems, Inc.(e) |
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50,139 |
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23,164,218 |
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| Mythic AI, Inc., Series C, (Acquired 01/26/21, Cost: $7,000,000)(c)(d) |
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10,189 |
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— |
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| NVIDIA Corp.(g) |
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168,875 |
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73,458,936 |
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| Rambus, Inc.(a) |
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319,744 |
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17,838,518 |
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| SK Hynix, Inc. |
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243,003 |
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20,573,763 |
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| Soitec SA(a) |
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152,227 |
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25,263,030 |
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| Wolfspeed, Inc.(a)(e) |
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380,856 |
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14,510,614 |
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371,944,505 |
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| Software — 16.9% |
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| Altium Ltd. |
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750,551 |
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20,721,156 |
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| Appier Group, Inc.(a) |
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488,100 |
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5,192,514 |
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| Bill Holdings, Inc.(a) |
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59,507 |
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6,460,675 |
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| Databricks, Inc., (Acquired 07/24/20,
Cost: $5,501,686)(c)(d) |
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343,659 |
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25,258,936 |
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| DataRobot, Inc., (Acquired 03/01/21,
Cost: $1,384,813)(c)(d) |
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92,093 |
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396,000 |
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| Fortinet, Inc.(a) |
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109,756 |
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6,440,482 |
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| Freee KK(a) |
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455,000 |
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8,987,733 |
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| Kinaxis, Inc.(a) |
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84,207 |
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9,496,653 |
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| Klaviyo, Inc., Series A(f) |
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554,659 |
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19,135,735 |
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| Manhattan Associates, Inc.(a) |
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32,573 |
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6,438,379 |
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| Palo Alto Networks, Inc.(a) |
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105,426 |
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24,716,071 |
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| Rapid7, Inc.(a) |
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140,728 |
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6,442,528 |
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| Samsara, Inc., Class A(a) |
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342,253 |
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8,628,198 |
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| SentinelOne, Inc., Class A(a) |
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282,867 |
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4,769,138 |
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| SiteMinder Ltd.(a) |
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3,404,143 |
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10,091,364 |
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| Snorkel AI, Inc., (Acquired 10/13/20,
Cost: $2,017,593)(c)(d) |
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500,250 |
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4,352,175 |
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| Snyk Ltd., (Acquired 11/02/20, Cost: $9,287,400)(c)(d)
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1,267,643 |
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14,565,218 |
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| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ)
(Percentages shown are based on Net Assets) |
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| Security |
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Shares |
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Value |
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| Software (continued) |
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| Synopsys, Inc.(a)(e) |
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119,512 |
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$ |
54,852,423 |
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| Unity Software, Inc.(a) |
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281,128 |
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8,824,608 |
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| Xero Ltd.(a) |
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215,894 |
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15,526,630 |
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261,296,616 |
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| Specialty Retail — 0.2% |
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| Farfetch Ltd., Class A(a)(f) |
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1,458,153 |
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3,047,540 |
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| Technology Hardware, Storage & Peripherals — 2.6% |
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| Pure Storage, Inc., Class A(a) |
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712,622 |
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25,383,596 |
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| Super Micro Computer, Inc.(a) |
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25,479 |
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6,986,851 |
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| Wiwynn Corp. |
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180,000 |
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8,393,514 |
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40,763,961 |
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| Total Common Stocks — 72.5%
(Cost: $866,517,108) |
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1,121,420,012 |
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| Preferred Securities |
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| Preferred Stocks — 28.7%(c)(d) |
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| Communications Equipment — 1.0% |
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| Astranis Space Technologies Corp., Series C, (Acquired 03/19/21, Cost: $17,000,010) |
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|
775,515 |
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14,540,906 |
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| Consumer Staples Distribution & Retail — 2.7% |
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| GrubMarket, Inc., Series D, (Acquired 07/23/20, Cost: $8,000,001) |
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1,762,969 |
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41,905,773 |
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| Diversified Consumer Services — 1.8% |
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| FlixMobility GmbH, Series F, (Acquired 07/26/19, Cost: $16,947,253) |
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850 |
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23,688,422 |
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| Think & Learn Private Ltd., Series F, (Acquired 09/30/20, Cost: $14,251,080) |
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|
4,920 |
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|
3,705,754 |
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27,394,176 |
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| Entertainment — 0.4% |
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| ResearchGate GmbH, Series D, (Acquired 09/24/20, Cost: $6,999,988) |
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|
424,688 |
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6,705,824 |
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| Financial Services(h) — 1.3% |
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| Trumid Holdings LLC |
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| Class J-A, (Acquired 07/24/20, Cost: $9,999,857) |
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|
20,154 |
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|
10,268,866 |
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| Class J-B, (Acquired 07/24/20, Cost: $5,999,914) |
|
|
20,154 |
|
|
|
10,268,866 |
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|
20,537,732 |
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| Interactive Media & Services — 3.3% |
|
| ByteDance Ltd., Series E-1, (Acquired 11/11/20,
Cost: $33,777,337) |
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|
308,260 |
|
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|
50,527,351 |
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|
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| IT Services — 1.0% |
|
| Deep Instinct Ltd., Series D-2, (Acquired 03/19/21,
Cost: $12,000,008) |
|
|
1,974,374 |
|
|
|
14,136,518 |
|
| Farmer’s Business Network, Inc., Series F, (Acquired 07/31/20, Cost: $11,961,002) |
|
|
361,834 |
|
|
|
1,671,673 |
|
|
|
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|
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|
|
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|
15,808,191 |
|
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| Professional Services — 0.7% |
|
| Rapyd Financial Network Ltd., Series E, (Acquired 03/31/21, Cost: $13,999,978) |
|
|
190,705 |
|
|
|
11,272,573 |
|
|
|
|
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| Semiconductors & Semiconductor Equipment — 4.4% |
|
| PsiQuantum Corp. |
|
|
|
|
|
|
|
|
| Series C, (Acquired 09/09/19, Cost: $9,101,310) |
|
|
1,962,335 |
|
|
|
46,389,599 |
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| Series D, (Acquired 05/21/21, Cost: $19,999,969) |
|
|
762,595 |
|
|
|
21,375,538 |
|
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|
|
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|
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|
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|
|
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|
67,765,137 |
|
|
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|
|
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|
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|
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| Security |
|
Shares |
|
|
Value |
|
|
|
|
| Software — 12.1% |
|
|
|
|
|
|
| Databricks, Inc. |
|
|
|
|
|
|
|
|
| Series F, (Acquired 10/22/19, Cost: $13,200,019) |
|
|
922,038 |
|
|
$ |
67,769,793 |
|
| Series G, (Acquired 02/01/21, Cost: $18,500,004) |
|
|
312,909 |
|
|
|
22,998,812 |
|
| DataRobot, Inc., Series F, (Acquired 10/27/20, Cost: $11,499,999) |
|
|
875,059 |
|
|
|
4,690,316 |
|
| SambaNova Systems, Inc. |
|
|
|
|
|
|
|
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| Series C, (Acquired 02/20/20, Cost: $33,904,161) |
|
|
636,800 |
|
|
|
48,135,712 |
|
| Series D, (Acquired 04/09/21, Cost: $6,999,979) |
|
|
73,670 |
|
|
|
5,568,715 |
|
| Snorkel AI, Inc., Series B, (Acquired 10/13/20, Cost: $999,996) |
|
|
247,943 |
|
|
|
2,157,104 |
|
| Snyk Ltd., (Acquired 11/02/20, Cost: $13,212,590) |
|
|
2,663,936 |
|
|
|
30,608,625 |
|
| Unqork, Inc. |
|
|
|
|
|
|
|
|
| Series B, (Acquired 09/19/19, Cost: $6,801,016) |
|
|
597,680 |
|
|
|
3,335,054 |
|
| Series C, (Acquired 09/18/20, Cost: $7,994,787) |
|
|
292,000 |
|
|
|
2,064,440 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
187,328,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
443,786,234 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Preferred Securities — 28.7%
(Cost: $293,150,258) |
|
|
|
|
|
|
443,786,234 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Long-Term Investments — 101.2%
(Cost: $1,159,667,366) |
|
|
|
|
|
|
1,565,206,246 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Short-Term Securities |
|
|
|
|
|
|
|
|
|
|
|
| Money Market Funds — 1.4% |
|
|
|
|
|
|
| SL Liquidity Series, LLC, Money Market Series,
5.52%(i)(j)(k) |
|
|
21,664,231 |
|
|
|
21,670,730 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Short-Term Securities — 1.4%
(Cost: $21,668,523) |
|
|
|
|
|
|
21,670,730 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investments Before Options Written — 102.6%
(Cost: $1,181,335,889) |
|
|
|
1,586,876,976 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options Written — (0.7)% |
|
|
|
|
|
|
|
|
|
| (Premiums Received: $(13,336,557)) |
|
|
|
|
|
|
(10,499,903 |
) |
|
|
|
|
|
|
|
|
|
|
|
| Total Investments, Net of Options Written — 101.9%
(Cost: $1,167,999,332) |
|
|
|
1,576,377,073 |
|
|
|
| Liabilities in Excess of Other Assets — (1.9)% |
|
|
|
(29,300,785 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Assets — 100.0% |
|
|
|
|
|
$ |
1,547,076,288 |
|
|
|
|
|
|
|
|
|
|
| (a) |
Non-income producing security. |
| (b) |
This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the
Securities Act of 1933. |
| (c) |
Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
|
| (d) |
Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value
of $544,422,278, representing 35.2% of its net assets as of period end, and an original cost of $409,510,460. |
| (e) |
All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding
exchange-traded options written. |
| (f) |
All or a portion of this security is on loan. |
| (g) |
All or a portion of the security has been pledged as collateral in connection with outstanding OTC derivatives.
|
| (h) |
All or a portion of the security is held by a wholly-owned subsidiary. |
| (i) |
Affiliate of the Trust. |
| (j) |
Annualized 7-day yield as of period end. |
| (k) |
All or a portion of this security was purchased with the cash collateral from loaned securities.
|
For Trust compliance purposes, the
Trust’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment
adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.
|
|
|
| C O N S O L I D A
T E D S C H E D U L E O F I
N V E S T M E N T S |
|
2 |
|
|
|
| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ) |
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2023 for purposes of Section 2(a)(3) of
the Investment Company Act of 1940, as amended, were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Affiliated Issuer |
|
Value at
12/31/22 |
|
|
Purchases
at Cost |
|
|
Proceeds
from Sales |
|
|
Net
Realized
Gain (Loss) |
|
|
Change in
Unrealized
Appreciation
(Depreciation) |
|
|
Value at
09/30/23 |
|
|
Shares
Held at
09/30/23 |
|
|
Income |
|
|
Capital Gain
Distributions
from
Underlying
Funds |
|
| BlackRock Liquidity Funds, T-Fund, Institutional Class(a) |
|
$ |
20,683,361 |
|
|
$ |
— |
|
|
$ |
(20,683,361 |
)(b) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
— |
|
|
$ |
302,888 |
|
|
$ |
— |
|
| SL Liquidity Series, LLC, Money Market Series |
|
|
— |
|
|
|
21,660,150 |
(b) |
|
|
— |
|
|
|
8,373 |
|
|
|
2,207 |
|
|
|
21,670,730 |
|
|
|
21,664,231 |
|
|
|
56,628 |
(c) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
8,373 |
|
|
$ |
2,207 |
|
|
$ |
21,670,730 |
|
|
|
|
|
|
$ |
359,516 |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
As of period end, the entity is no longer held. |
|
| |
(b) |
Represents net amount purchased (sold). |
|
| |
(c) |
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned
securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
|
Derivative Financial Instruments Outstanding as of Period End
Exchange-Traded Options Written
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| Description |
|
Number of
Contracts |
|
|
Expiration
Date |
|
|
Exercise Price |
|
|
Notional
Amount (000) |
|
|
Value |
|
| Call |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Coupang, Inc., Class A |
|
|
669 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
19.00 |
|
|
|
USD |
|
|
|
1,137 |
|
|
$ |
(2,007 |
) |
| MongoDB, Inc., Class A |
|
|
44 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
420.00 |
|
|
|
USD |
|
|
|
1,522 |
|
|
|
(352 |
) |
| NVIDIA Corp. |
|
|
243 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
505.00 |
|
|
|
USD |
|
|
|
10,570 |
|
|
|
(972 |
) |
| Pinterest, Inc., Class A |
|
|
380 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
29.00 |
|
|
|
USD |
|
|
|
1,027 |
|
|
|
(1,900 |
) |
| SentinelOne, Inc., Class A |
|
|
376 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
19.50 |
|
|
|
USD |
|
|
|
634 |
|
|
|
(5,640 |
) |
| Take-Two Interactive Software, Inc. |
|
|
203 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
146.00 |
|
|
|
USD |
|
|
|
2,850 |
|
|
|
(7,105 |
) |
| Tesla, Inc. |
|
|
148 |
|
|
|
10/06/23 |
|
|
|
USD |
|
|
|
260.00 |
|
|
|
USD |
|
|
|
3,703 |
|
|
|
(55,130 |
) |
| Credo Technology Group Holding Ltd. |
|
|
787 |
|
|
|
10/11/23 |
|
|
|
USD |
|
|
|
17.00 |
|
|
|
USD |
|
|
|
1,200 |
|
|
|
(5,511 |
) |
| Bill Holdings, Inc. |
|
|
95 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
125.00 |
|
|
|
USD |
|
|
|
1,031 |
|
|
|
(3,088 |
) |
| Coupang, Inc., Class A |
|
|
597 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
19.00 |
|
|
|
USD |
|
|
|
1,015 |
|
|
|
(1,493 |
) |
| Jabil, Inc. |
|
|
760 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
107.00 |
|
|
|
USD |
|
|
|
9,644 |
|
|
|
(1,529,083 |
) |
| Marvell Technology, Inc. |
|
|
295 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
62.00 |
|
|
|
USD |
|
|
|
1,597 |
|
|
|
(1,328 |
) |
| MercadoLibre, Inc. |
|
|
25 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
1,380.00 |
|
|
|
USD |
|
|
|
3,170 |
|
|
|
(10,000 |
) |
| NVIDIA Corp. |
|
|
129 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
495.00 |
|
|
|
USD |
|
|
|
5,611 |
|
|
|
(6,450 |
) |
| Pinterest, Inc., Class A |
|
|
222 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
29.00 |
|
|
|
USD |
|
|
|
600 |
|
|
|
(3,441 |
) |
| Roku, Inc. |
|
|
185 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
90.00 |
|
|
|
USD |
|
|
|
1,306 |
|
|
|
(925 |
) |
| Tesla, Inc. |
|
|
148 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
280.00 |
|
|
|
USD |
|
|
|
3,703 |
|
|
|
(22,274 |
) |
| Unity Software, Inc. |
|
|
390 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
41.00 |
|
|
|
USD |
|
|
|
1,224 |
|
|
|
(975 |
) |
| Wolfspeed, Inc. |
|
|
915 |
|
|
|
10/13/23 |
|
|
|
USD |
|
|
|
47.00 |
|
|
|
USD |
|
|
|
3,486 |
|
|
|
(9,150 |
) |
| ARM Holdings PLC, ADR |
|
|
337 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
65.00 |
|
|
|
USD |
|
|
|
1,804 |
|
|
|
(5,898 |
) |
| Axcelis Technologies, Inc. |
|
|
100 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
175.00 |
|
|
|
USD |
|
|
|
1,631 |
|
|
|
(32,000 |
) |
| Credo Technology Group Holding Ltd. |
|
|
2,684 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
17.50 |
|
|
|
USD |
|
|
|
4,093 |
|
|
|
(26,840 |
) |
| Expedia Group, Inc. |
|
|
112 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
115.00 |
|
|
|
USD |
|
|
|
1,154 |
|
|
|
(3,248 |
) |
| Jabil, Inc. |
|
|
425 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
115.00 |
|
|
|
USD |
|
|
|
5,393 |
|
|
|
(533,375 |
) |
| Kinaxis, Inc. |
|
|
148 |
|
|
|
10/20/23 |
|
|
|
CAD |
|
|
|
175.00 |
|
|
|
CAD |
|
|
|
2,267 |
|
|
|
(4,794 |
) |
| Lattice Semiconductor Corp. |
|
|
437 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
95.50 |
|
|
|
USD |
|
|
|
3,755 |
|
|
|
(30,073 |
) |
| Legalzoom.com, Inc. |
|
|
1,265 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
14.00 |
|
|
|
USD |
|
|
|
1,384 |
|
|
|
(56,925 |
) |
| Manhattan Associates, Inc. |
|
|
120 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
200.00 |
|
|
|
USD |
|
|
|
2,372 |
|
|
|
(51,600 |
) |
| Marvell Technology, Inc. |
|
|
295 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
62.50 |
|
|
|
USD |
|
|
|
1,597 |
|
|
|
(2,803 |
) |
| MongoDB, Inc., Class A |
|
|
79 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
410.00 |
|
|
|
USD |
|
|
|
2,732 |
|
|
|
(6,755 |
) |
| Monolithic Power Systems, Inc. |
|
|
120 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
550.00 |
|
|
|
USD |
|
|
|
5,544 |
|
|
|
(7,800 |
) |
| NVIDIA Corp. |
|
|
84 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
455.00 |
|
|
|
USD |
|
|
|
3,654 |
|
|
|
(68,040 |
) |
| Pinterest, Inc., Class A |
|
|
205 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
30.00 |
|
|
|
USD |
|
|
|
554 |
|
|
|
(2,768 |
) |
| Pure Storage, Inc., Class A |
|
|
1,160 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
40.00 |
|
|
|
USD |
|
|
|
4,132 |
|
|
|
(14,500 |
) |
| Rambus, Inc. |
|
|
605 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
65.00 |
|
|
|
USD |
|
|
|
3,375 |
|
|
|
(12,100 |
) |
| Rapid7, Inc. |
|
|
211 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
50.00 |
|
|
|
USD |
|
|
|
966 |
|
|
|
(14,770 |
) |
| Samsara, Inc., Class A |
|
|
528 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
25.00 |
|
|
|
USD |
|
|
|
1,331 |
|
|
|
(73,920 |
) |
| Samsara, Inc., Class A |
|
|
130 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
35.00 |
|
|
|
USD |
|
|
|
328 |
|
|
|
(1,300 |
) |
| SentinelOne, Inc., Class A |
|
|
376 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
21.00 |
|
|
|
USD |
|
|
|
634 |
|
|
|
(5,640 |
) |
|
|
|
| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ) |
Exchange-Traded Options Written (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| Description |
|
Number of
Contracts |
|
|
Expiration
Date |
|
|
Exercise Price |
|
|
Notional
Amount (000) |
|
|
Value |
|
| Call (continued) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Spotify Technology SA |
|
|
97 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
165.00 |
|
|
|
USD |
|
|
|
1,500 |
|
|
$ |
(21,582 |
) |
| Super Micro Computer, Inc. |
|
|
59 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
280.00 |
|
|
|
USD |
|
|
|
1,618 |
|
|
|
(79,355 |
) |
| Synopsys, Inc. |
|
|
161 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
440.00 |
|
|
|
USD |
|
|
|
7,389 |
|
|
|
(399,280 |
) |
| Take-Two Interactive Software, Inc. |
|
|
192 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
150.00 |
|
|
|
USD |
|
|
|
2,695 |
|
|
|
(12,576 |
) |
| Tesla, Inc. |
|
|
225 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
280.00 |
|
|
|
USD |
|
|
|
5,630 |
|
|
|
(82,125 |
) |
| TransUnion |
|
|
357 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
82.00 |
|
|
|
USD |
|
|
|
2,563 |
|
|
|
(2,220 |
) |
| Trip.com Group Ltd., ADR |
|
|
397 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
41.00 |
|
|
|
USD |
|
|
|
1,388 |
|
|
|
(3,970 |
) |
| Wolfspeed, Inc. |
|
|
609 |
|
|
|
10/20/23 |
|
|
|
USD |
|
|
|
50.00 |
|
|
|
USD |
|
|
|
2,320 |
|
|
|
(7,613 |
) |
| Bill Holdings, Inc. |
|
|
143 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
115.00 |
|
|
|
USD |
|
|
|
1,553 |
|
|
|
(45,760 |
) |
| Coupang, Inc., Class A |
|
|
640 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
19.50 |
|
|
|
USD |
|
|
|
1,088 |
|
|
|
(4,160 |
) |
| Expedia Group, Inc. |
|
|
40 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
110.00 |
|
|
|
USD |
|
|
|
412 |
|
|
|
(5,060 |
) |
| Fortinet, Inc. |
|
|
224 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
61.00 |
|
|
|
USD |
|
|
|
1,314 |
|
|
|
(21,840 |
) |
| MercadoLibre, Inc. |
|
|
16 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
1,410.00 |
|
|
|
USD |
|
|
|
2,029 |
|
|
|
(14,560 |
) |
| MongoDB, Inc., Class A |
|
|
26 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
375.00 |
|
|
|
USD |
|
|
|
899 |
|
|
|
(18,395 |
) |
| NVIDIA Corp. |
|
|
113 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
490.00 |
|
|
|
USD |
|
|
|
4,915 |
|
|
|
(35,877 |
) |
| Palo Alto Networks, Inc. |
|
|
88 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
250.00 |
|
|
|
USD |
|
|
|
2,063 |
|
|
|
(19,624 |
) |
| Pinterest, Inc., Class A |
|
|
213 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
28.00 |
|
|
|
USD |
|
|
|
576 |
|
|
|
(20,128 |
) |
| Roku, Inc. |
|
|
192 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
76.00 |
|
|
|
USD |
|
|
|
1,355 |
|
|
|
(45,600 |
) |
| SentinelOne, Inc., Class A |
|
|
379 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
19.00 |
|
|
|
USD |
|
|
|
639 |
|
|
|
(10,423 |
) |
| Spotify Technology SA |
|
|
125 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
180.00 |
|
|
|
USD |
|
|
|
1,933 |
|
|
|
(25,937 |
) |
| Super Micro Computer, Inc. |
|
|
42 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
285.00 |
|
|
|
USD |
|
|
|
1,152 |
|
|
|
(60,060 |
) |
| Tesla, Inc. |
|
|
159 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
275.00 |
|
|
|
USD |
|
|
|
3,978 |
|
|
|
(100,567 |
) |
| Unity Software, Inc. |
|
|
385 |
|
|
|
10/27/23 |
|
|
|
USD |
|
|
|
37.00 |
|
|
|
USD |
|
|
|
1,209 |
|
|
|
(11,165 |
) |
| Fortinet, Inc. |
|
|
215 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
61.00 |
|
|
|
USD |
|
|
|
1,262 |
|
|
|
(42,462 |
) |
| Marvell Technology, Inc. |
|
|
444 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
57.00 |
|
|
|
USD |
|
|
|
2,403 |
|
|
|
(62,604 |
) |
| MercadoLibre, Inc. |
|
|
20 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
1,300.00 |
|
|
|
USD |
|
|
|
2,536 |
|
|
|
(113,000 |
) |
| MongoDB, Inc., Class A |
|
|
98 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
370.00 |
|
|
|
USD |
|
|
|
3,389 |
|
|
|
(104,615 |
) |
| NVIDIA Corp. |
|
|
192 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
460.00 |
|
|
|
USD |
|
|
|
8,352 |
|
|
|
(229,920 |
) |
| Pinterest, Inc., Class A |
|
|
265 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
29.00 |
|
|
|
USD |
|
|
|
716 |
|
|
|
(25,705 |
) |
| Take-Two Interactive Software, Inc. |
|
|
190 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
142.00 |
|
|
|
USD |
|
|
|
2,667 |
|
|
|
(85,975 |
) |
| Tesla, Inc. |
|
|
166 |
|
|
|
11/03/23 |
|
|
|
USD |
|
|
|
260.00 |
|
|
|
USD |
|
|
|
4,154 |
|
|
|
(209,575 |
) |
| Credo Technology Group Holding Ltd. |
|
|
840 |
|
|
|
11/07/23 |
|
|
|
USD |
|
|
|
17.00 |
|
|
|
USD |
|
|
|
1,281 |
|
|
|
(30,865 |
) |
| Palo Alto Networks, Inc. |
|
|
246 |
|
|
|
11/10/23 |
|
|
|
USD |
|
|
|
245.00 |
|
|
|
USD |
|
|
|
5,767 |
|
|
|
(143,910 |
) |
| Spotify Technology SA |
|
|
109 |
|
|
|
11/10/23 |
|
|
|
USD |
|
|
|
170.00 |
|
|
|
USD |
|
|
|
1,686 |
|
|
|
(55,045 |
) |
| ARM Holdings PLC, ADR |
|
|
338 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
70.00 |
|
|
|
USD |
|
|
|
1,809 |
|
|
|
(14,365 |
) |
| Axcelis Technologies, Inc. |
|
|
75 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
196.00 |
|
|
|
USD |
|
|
|
1,223 |
|
|
|
(25,954 |
) |
| Coupang, Inc., Class A |
|
|
900 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
20.00 |
|
|
|
USD |
|
|
|
1,530 |
|
|
|
(19,350 |
) |
| Credo Technology Group Holding Ltd. |
|
|
2,290 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
17.50 |
|
|
|
USD |
|
|
|
3,492 |
|
|
|
(74,425 |
) |
| Expedia Group, Inc. |
|
|
51 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
110.00 |
|
|
|
USD |
|
|
|
526 |
|
|
|
(18,232 |
) |
| Kinaxis, Inc. |
|
|
165 |
|
|
|
11/17/23 |
|
|
|
CAD |
|
|
|
175.00 |
|
|
|
CAD |
|
|
|
2,527 |
|
|
|
(17,615 |
) |
| Lattice Semiconductor Corp. |
|
|
170 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
95.00 |
|
|
|
USD |
|
|
|
1,461 |
|
|
|
(45,050 |
) |
| Legalzoom.com, Inc. |
|
|
1,060 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
11.00 |
|
|
|
USD |
|
|
|
1,160 |
|
|
|
(90,100 |
) |
| Marvell Technology, Inc. |
|
|
401 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
62.50 |
|
|
|
USD |
|
|
|
2,171 |
|
|
|
(23,458 |
) |
| MercadoLibre, Inc. |
|
|
20 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
1,340.00 |
|
|
|
USD |
|
|
|
2,536 |
|
|
|
(106,400 |
) |
| MongoDB, Inc., Class A |
|
|
26 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
370.00 |
|
|
|
USD |
|
|
|
899 |
|
|
|
(37,570 |
) |
| Monolithic Power Systems, Inc. |
|
|
97 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
530.00 |
|
|
|
USD |
|
|
|
4,481 |
|
|
|
(72,265 |
) |
| NVIDIA Corp. |
|
|
84 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
475.00 |
|
|
|
USD |
|
|
|
3,654 |
|
|
|
(97,860 |
) |
| Palo Alto Networks, Inc. |
|
|
87 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
250.00 |
|
|
|
USD |
|
|
|
2,040 |
|
|
|
(55,245 |
) |
| Pinterest, Inc., Class A |
|
|
220 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
31.00 |
|
|
|
USD |
|
|
|
595 |
|
|
|
(13,970 |
) |
| Pure Storage, Inc., Class A |
|
|
845 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
40.00 |
|
|
|
USD |
|
|
|
3,010 |
|
|
|
(33,800 |
) |
| Rambus, Inc. |
|
|
605 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
65.00 |
|
|
|
USD |
|
|
|
3,375 |
|
|
|
(68,062 |
) |
| Samsara, Inc., Class A |
|
|
550 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
30.00 |
|
|
|
USD |
|
|
|
1,387 |
|
|
|
(28,875 |
) |
| Synopsys, Inc. |
|
|
157 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
480.00 |
|
|
|
USD |
|
|
|
7,206 |
|
|
|
(162,495 |
) |
| Trip.com Group Ltd., ADR |
|
|
500 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
39.00 |
|
|
|
USD |
|
|
|
1,749 |
|
|
|
(27,500 |
) |
| Unity Software, Inc. |
|
|
371 |
|
|
|
11/17/23 |
|
|
|
USD |
|
|
|
36.00 |
|
|
|
USD |
|
|
|
1,165 |
|
|
|
(48,601 |
) |
| Legalzoom.com, Inc. |
|
|
680 |
|
|
|
12/15/23 |
|
|
|
USD |
|
|
|
12.50 |
|
|
|
USD |
|
|
|
744 |
|
|
|
(30,600 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(5,885,318 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| C O N S O L I D A
T E D S C H E D U L E O F I
N V E S T M E N T S |
|
4 |
|
|
|
| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ) |
OTC Options Written
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Description |
|
Counterparty |
|
Number of
Contracts |
|
|
Expiration
Date |
|
Exercise Price |
|
|
Notional
Amount (000) |
|
|
Value |
|
|
|
|
|
|
|
|
|
|
| Call |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Alphawave IP Group PLC |
|
Morgan Stanley & Co. International PLC |
|
|
150,000 |
|
|
10/03/23 |
|
|
GBP |
|
|
|
1.61 |
|
|
|
GBP |
|
|
|
171 |
|
|
$ |
— |
|
| Soitec SA |
|
UBS AG |
|
|
11,500 |
|
|
10/03/23 |
|
|
EUR |
|
|
|
181.90 |
|
|
|
EUR |
|
|
|
1,805 |
|
|
|
— |
|
| Accton Technology Corp. |
|
Goldman Sachs International |
|
|
115,000 |
|
|
10/05/23 |
|
|
USD |
|
|
|
400.08 |
|
|
|
USD |
|
|
|
56,954 |
|
|
|
(331,588 |
) |
| Alphawave IP Group PLC |
|
Morgan Stanley & Co. International PLC |
|
|
100,000 |
|
|
10/05/23 |
|
|
GBP |
|
|
|
1.62 |
|
|
|
GBP |
|
|
|
114 |
|
|
|
— |
|
| Xero Ltd. |
|
UBS AG |
|
|
42,800 |
|
|
10/05/23 |
|
|
AUD |
|
|
|
121.55 |
|
|
|
AUD |
|
|
|
4,787 |
|
|
|
(667 |
) |
| Altium Ltd. |
|
Citibank N.A. |
|
|
37,100 |
|
|
10/10/23 |
|
|
AUD |
|
|
|
39.85 |
|
|
|
AUD |
|
|
|
1,593 |
|
|
|
(82,689 |
) |
| Freee KK |
|
Bank of America N.A. |
|
|
91,000 |
|
|
10/10/23 |
|
|
JPY |
|
|
|
3,406.00 |
|
|
|
JPY |
|
|
|
268,625 |
|
|
|
(4,209 |
) |
| Samsung SDI Co. Ltd. |
|
Morgan Stanley & Co. International PLC |
|
|
16,900 |
|
|
10/10/23 |
|
|
USD |
|
|
|
650,060.17 |
|
|
|
USD |
|
|
|
8,618,241 |
|
|
|
(14 |
) |
| Soitec SA |
|
Morgan Stanley & Co. International PLC |
|
|
12,000 |
|
|
10/10/23 |
|
|
EUR |
|
|
|
191.54 |
|
|
|
EUR |
|
|
|
1,884 |
|
|
|
(7 |
) |
| Aixtron SE |
|
Goldman Sachs International |
|
|
64,400 |
|
|
10/11/23 |
|
|
EUR |
|
|
|
37.62 |
|
|
|
EUR |
|
|
|
2,231 |
|
|
|
(10,012 |
) |
| Alphawave IP Group PLC |
|
Morgan Stanley & Co. International PLC |
|
|
100,000 |
|
|
10/11/23 |
|
|
GBP |
|
|
|
1.62 |
|
|
|
GBP |
|
|
|
114 |
|
|
|
— |
|
| Rapid7, Inc. |
|
BNP Paribas SA |
|
|
35,100 |
|
|
10/11/23 |
|
|
USD |
|
|
|
51.02 |
|
|
|
USD |
|
|
|
1,607 |
|
|
|
(7,450 |
) |
| Delta Electronics, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
479,000 |
|
|
10/13/23 |
|
|
USD |
|
|
|
362.02 |
|
|
|
USD |
|
|
|
155,736 |
|
|
|
(2,280 |
) |
| Fujimi, Inc. |
|
BNP Paribas SA |
|
|
54,000 |
|
|
10/13/23 |
|
|
JPY |
|
|
|
3,322.05 |
|
|
|
JPY |
|
|
|
162,041 |
|
|
|
(3,031 |
) |
| GMO Payment Gateway, Inc. |
|
Citibank N.A. |
|
|
14,700 |
|
|
10/13/23 |
|
|
JPY |
|
|
|
9,946.06 |
|
|
|
JPY |
|
|
|
119,864 |
|
|
|
(54 |
) |
| NAVER Corp. |
|
JPMorgan Chase Bank N.A. |
|
|
19,100 |
|
|
10/13/23 |
|
|
USD |
|
|
|
228,430.00 |
|
|
|
USD |
|
|
|
3,853,522 |
|
|
|
(3,942 |
) |
| Altium Ltd. |
|
UBS AG |
|
|
54,400 |
|
|
10/17/23 |
|
|
AUD |
|
|
|
50.12 |
|
|
|
AUD |
|
|
|
2,336 |
|
|
|
(272 |
) |
| ASM International NV |
|
Goldman Sachs International |
|
|
30,300 |
|
|
10/17/23 |
|
|
EUR |
|
|
|
449.72 |
|
|
|
EUR |
|
|
|
11,968 |
|
|
|
(36,747 |
) |
| Informa PLC |
|
Goldman Sachs International |
|
|
329,500 |
|
|
10/17/23 |
|
|
GBP |
|
|
|
7.30 |
|
|
|
GBP |
|
|
|
2,466 |
|
|
|
(102,938 |
) |
| Lotes Co. Ltd. |
|
JPMorgan Chase Bank N.A. |
|
|
27,900 |
|
|
10/17/23 |
|
|
USD |
|
|
|
887.86 |
|
|
|
USD |
|
|
|
23,016 |
|
|
|
(4,418 |
) |
| SiteMinder Ltd. |
|
Goldman Sachs International |
|
|
53,000 |
|
|
10/17/23 |
|
|
AUD |
|
|
|
4.68 |
|
|
|
AUD |
|
|
|
244 |
|
|
|
(6,979 |
) |
| Wise PLC, Class A |
|
Morgan Stanley & Co. International PLC |
|
|
90,000 |
|
|
10/17/23 |
|
|
GBP |
|
|
|
6.83 |
|
|
|
GBP |
|
|
|
615 |
|
|
|
(29,129 |
) |
| Alphawave IP Group PLC |
|
Morgan Stanley & Co. International PLC |
|
|
100,000 |
|
|
10/18/23 |
|
|
GBP |
|
|
|
1.62 |
|
|
|
GBP |
|
|
|
114 |
|
|
|
(4 |
) |
| Alphawave IP Group PLC |
|
Morgan Stanley & Co. International PLC |
|
|
75,000 |
|
|
10/19/23 |
|
|
GBP |
|
|
|
1.65 |
|
|
|
GBP |
|
|
|
86 |
|
|
|
(3 |
) |
| BE Semiconductor Industries NV |
|
Morgan Stanley & Co. International PLC |
|
|
22,800 |
|
|
10/19/23 |
|
|
EUR |
|
|
|
114.47 |
|
|
|
EUR |
|
|
|
2,109 |
|
|
|
(1,344 |
) |
| Lotes Co. Ltd. |
|
JPMorgan Chase Bank N.A. |
|
|
59,000 |
|
|
10/19/23 |
|
|
USD |
|
|
|
918.75 |
|
|
|
USD |
|
|
|
48,671 |
|
|
|
(4,446 |
) |
| Unimicron Technology Corp. |
|
JPMorgan Chase Bank N.A. |
|
|
710,000 |
|
|
10/19/23 |
|
|
USD |
|
|
|
198.22 |
|
|
|
USD |
|
|
|
123,655 |
|
|
|
(8,591 |
) |
| Wise PLC, Class A |
|
Goldman Sachs International |
|
|
95,900 |
|
|
10/19/23 |
|
|
GBP |
|
|
|
6.83 |
|
|
|
GBP |
|
|
|
655 |
|
|
|
(32,884 |
) |
| Xero Ltd. |
|
UBS AG |
|
|
40,300 |
|
|
10/19/23 |
|
|
AUD |
|
|
|
128.33 |
|
|
|
AUD |
|
|
|
4,508 |
|
|
|
(1,961 |
) |
| Kaspi.KZ JSC, GDR, Registered Shares |
|
Morgan Stanley & Co. International PLC |
|
|
3,000 |
|
|
10/23/23 |
|
|
USD |
|
|
|
99.22 |
|
|
|
USD |
|
|
|
290 |
|
|
|
(7,370 |
) |
| Accton Technology Corp. |
|
Morgan Stanley & Co. International PLC |
|
|
360,000 |
|
|
10/24/23 |
|
|
USD |
|
|
|
476.70 |
|
|
|
USD |
|
|
|
178,291 |
|
|
|
(398,675 |
) |
| Alchip Technologies Ltd. |
|
JPMorgan Chase Bank N.A. |
|
|
64,000 |
|
|
10/24/23 |
|
|
USD |
|
|
|
2,724.80 |
|
|
|
USD |
|
|
|
173,170 |
|
|
|
(298,061 |
) |
| Appier Group, Inc. |
|
Société Générale |
|
|
195,300 |
|
|
10/24/23 |
|
|
JPY |
|
|
|
1,801.06 |
|
|
|
JPY |
|
|
|
310,483 |
|
|
|
(32,927 |
) |
| ASPEED Technology, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
50,000 |
|
|
10/24/23 |
|
|
USD |
|
|
|
2,877.00 |
|
|
|
USD |
|
|
|
139,036 |
|
|
|
(168,471 |
) |
| eMemory Technology, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
40,000 |
|
|
10/24/23 |
|
|
USD |
|
|
|
2,145.36 |
|
|
|
USD |
|
|
|
81,068 |
|
|
|
(72,315 |
) |
| Nexon Co. Ltd. |
|
Citibank N.A. |
|
|
154,900 |
|
|
10/24/23 |
|
|
JPY |
|
|
|
2,907.32 |
|
|
|
JPY |
|
|
|
413,628 |
|
|
|
(21,310 |
) |
| SiteMinder Ltd. |
|
Goldman Sachs International |
|
|
53,000 |
|
|
10/24/23 |
|
|
AUD |
|
|
|
4.68 |
|
|
|
AUD |
|
|
|
244 |
|
|
|
(8,385 |
) |
| SiteMinder Ltd. |
|
UBS AG |
|
|
30,900 |
|
|
10/24/23 |
|
|
AUD |
|
|
|
4.87 |
|
|
|
AUD |
|
|
|
142 |
|
|
|
(3,354 |
) |
| SK Hynix, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
5,800 |
|
|
10/24/23 |
|
|
USD |
|
|
|
123,516.38 |
|
|
|
USD |
|
|
|
662,630 |
|
|
|
(4,135 |
) |
| Wise PLC, Class A |
|
Goldman Sachs International |
|
|
79,600 |
|
|
10/24/23 |
|
|
GBP |
|
|
|
7.25 |
|
|
|
GBP |
|
|
|
544 |
|
|
|
(14,135 |
) |
| Alphawave IP Group PLC |
|
Morgan Stanley & Co. International PLC |
|
|
100,000 |
|
|
10/25/23 |
|
|
GBP |
|
|
|
1.52 |
|
|
|
GBP |
|
|
|
114 |
|
|
|
(116 |
) |
| Altium Ltd. |
|
UBS AG |
|
|
60,400 |
|
|
10/25/23 |
|
|
AUD |
|
|
|
47.91 |
|
|
|
AUD |
|
|
|
2,594 |
|
|
|
(4,999 |
) |
| Freee KK |
|
Goldman Sachs International |
|
|
94,600 |
|
|
10/25/23 |
|
|
JPY |
|
|
|
3,180.68 |
|
|
|
JPY |
|
|
|
279,252 |
|
|
|
(51,579 |
) |
| Informa PLC |
|
Goldman Sachs International |
|
|
356,600 |
|
|
10/25/23 |
|
|
GBP |
|
|
|
7.69 |
|
|
|
GBP |
|
|
|
2,669 |
|
|
|
(27,136 |
) |
| Lasertec Corp. |
|
UBS AG |
|
|
47,700 |
|
|
10/25/23 |
|
|
JPY |
|
|
|
21,879.96 |
|
|
|
JPY |
|
|
|
1,108,537 |
|
|
|
(612,558 |
) |
| Lattice Semiconductor Corp. |
|
Citibank N.A. |
|
|
40,800 |
|
|
10/25/23 |
|
|
USD |
|
|
|
93.43 |
|
|
|
USD |
|
|
|
3,506 |
|
|
|
(55,168 |
) |
| Lotes Co. Ltd. |
|
Morgan Stanley & Co. International PLC |
|
|
14,000 |
|
|
10/25/23 |
|
|
USD |
|
|
|
919.95 |
|
|
|
USD |
|
|
|
11,549 |
|
|
|
(1,751 |
) |
| Axcelis Technologies, Inc. |
|
Citibank N.A. |
|
|
6,900 |
|
|
10/30/23 |
|
|
USD |
|
|
|
188.34 |
|
|
|
USD |
|
|
|
1,125 |
|
|
|
(18,731 |
) |
| Alphawave IP Group PLC |
|
Goldman Sachs International |
|
|
100,000 |
|
|
10/31/23 |
|
|
GBP |
|
|
|
1.60 |
|
|
|
GBP |
|
|
|
114 |
|
|
|
(79 |
) |
| Altium Ltd. |
|
UBS AG |
|
|
56,900 |
|
|
10/31/23 |
|
|
AUD |
|
|
|
49.36 |
|
|
|
AUD |
|
|
|
2,443 |
|
|
|
(3,496 |
) |
| Kaspi.KZ JSC, GDR, Registered Shares |
|
Morgan Stanley & Co. International PLC |
|
|
3,000 |
|
|
10/31/23 |
|
|
USD |
|
|
|
99.22 |
|
|
|
USD |
|
|
|
290 |
|
|
|
(9,081 |
) |
| SiteMinder Ltd. |
|
Goldman Sachs International |
|
|
53,000 |
|
|
10/31/23 |
|
|
AUD |
|
|
|
4.68 |
|
|
|
AUD |
|
|
|
244 |
|
|
|
(9,612 |
) |
| SK Hynix, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
47,996 |
|
|
10/31/23 |
|
|
USD |
|
|
|
123,072.74 |
|
|
|
USD |
|
|
|
5,483,374 |
|
|
|
(44,578 |
) |
| Soitec SA |
|
Goldman Sachs International |
|
|
13,800 |
|
|
10/31/23 |
|
|
EUR |
|
|
|
167.84 |
|
|
|
EUR |
|
|
|
2,166 |
|
|
|
(32,326 |
) |
| Wiwynn Corp. |
|
Morgan Stanley & Co. International PLC |
|
|
61,000 |
|
|
10/31/23 |
|
|
USD |
|
|
|
1,662.00 |
|
|
|
USD |
|
|
|
91,821 |
|
|
|
(113,228 |
) |
| Informa PLC |
|
Goldman Sachs International |
|
|
323,100 |
|
|
11/01/23 |
|
|
GBP |
|
|
|
7.63 |
|
|
|
GBP |
|
|
|
2,418 |
|
|
|
(41,897 |
) |
| Synopsys, Inc. |
|
UBS AG |
|
|
16,000 |
|
|
11/02/23 |
|
|
USD |
|
|
|
477.88 |
|
|
|
USD |
|
|
|
7,344 |
|
|
|
(123,143 |
) |
| Kaspi.KZ JSC, GDR, Registered Shares |
|
Morgan Stanley & Co. International PLC |
|
|
3,000 |
|
|
11/07/23 |
|
|
USD |
|
|
|
99.22 |
|
|
|
USD |
|
|
|
290 |
|
|
|
(10,425 |
) |
| SiteMinder Ltd. |
|
UBS AG |
|
|
30,900 |
|
|
11/07/23 |
|
|
AUD |
|
|
|
4.92 |
|
|
|
AUD |
|
|
|
142 |
|
|
|
(4,340 |
) |
| SK Hynix, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
5,900 |
|
|
11/07/23 |
|
|
USD |
|
|
|
123,516.38 |
|
|
|
USD |
|
|
|
674,054 |
|
|
|
(5,828 |
) |
| Altium Ltd. |
|
UBS AG |
|
|
56,900 |
|
|
11/08/23 |
|
|
AUD |
|
|
|
46.34 |
|
|
|
AUD |
|
|
|
2,443 |
|
|
|
(21,125 |
) |
| BE Semiconductor Industries NV |
|
Morgan Stanley & Co. International PLC |
|
|
16,600 |
|
|
11/08/23 |
|
|
EUR |
|
|
|
94.73 |
|
|
|
EUR |
|
|
|
1,536 |
|
|
|
(76,673 |
) |
|
|
|
| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ) |
OTC Options Written (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Description |
|
Counterparty |
|
Number of
Contracts |
|
|
Expiration
Date |
|
Exercise Price |
|
|
Notional
Amount (000) |
|
|
Value |
|
|
|
|
|
|
|
|
|
|
| Call (continued) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CD Projekt SA |
|
Goldman Sachs International |
|
|
20,600 |
|
|
11/08/23 |
|
|
PLN |
|
|
|
144.69 |
|
|
|
PLN |
|
|
|
2,571 |
|
|
$ |
(6,033 |
) |
| Delta Electronics, Inc. |
|
JPMorgan Chase Bank N.A. |
|
|
72,000 |
|
|
11/08/23 |
|
|
USD |
|
|
|
339.56 |
|
|
|
USD |
|
|
|
23,409 |
|
|
|
(14,096 |
) |
| Kaspi.KZ JSC, GDR, Registered Shares |
|
Morgan Stanley & Co. International PLC |
|
|
5,000 |
|
|
11/08/23 |
|
|
USD |
|
|
|
98.64 |
|
|
|
USD |
|
|
|
484 |
|
|
|
(18,911 |
) |
| Pure Storage, Inc., Class A |
|
JPMorgan Chase Bank N.A. |
|
|
84,500 |
|
|
11/08/23 |
|
|
USD |
|
|
|
39.16 |
|
|
|
USD |
|
|
|
3,010 |
|
|
|
(37,593 |
) |
| SiteMinder Ltd. |
|
Citibank N.A. |
|
|
109,000 |
|
|
11/08/23 |
|
|
AUD |
|
|
|
4.73 |
|
|
|
AUD |
|
|
|
503 |
|
|
|
(20,627 |
) |
| Soitec SA |
|
Morgan Stanley & Co. International PLC |
|
|
6,000 |
|
|
11/08/23 |
|
|
EUR |
|
|
|
159.36 |
|
|
|
EUR |
|
|
|
942 |
|
|
|
(41,335 |
) |
| Wise PLC, Class A |
|
UBS AG |
|
|
47,200 |
|
|
11/08/23 |
|
|
GBP |
|
|
|
6.98 |
|
|
|
GBP |
|
|
|
323 |
|
|
|
(18,727 |
) |
| Yageo Corp. |
|
Morgan Stanley & Co. International PLC |
|
|
20,000 |
|
|
11/08/23 |
|
|
USD |
|
|
|
530.40 |
|
|
|
USD |
|
|
|
10,513 |
|
|
|
(8,320 |
) |
| Alphawave IP Group PLC |
|
Barclays Bank PLC |
|
|
100,000 |
|
|
11/09/23 |
|
|
GBP |
|
|
|
1.23 |
|
|
|
GBP |
|
|
|
114 |
|
|
|
(5,084 |
) |
| Altium Ltd. |
|
UBS AG |
|
|
34,500 |
|
|
11/09/23 |
|
|
AUD |
|
|
|
45.20 |
|
|
|
AUD |
|
|
|
1,481 |
|
|
|
(20,649 |
) |
| Fujimi, Inc. |
|
Citibank N.A. |
|
|
53,300 |
|
|
11/09/23 |
|
|
JPY |
|
|
|
3,117.24 |
|
|
|
JPY |
|
|
|
159,940 |
|
|
|
(36,060 |
) |
| Informa PLC |
|
UBS AG |
|
|
69,600 |
|
|
11/09/23 |
|
|
GBP |
|
|
|
7.61 |
|
|
|
GBP |
|
|
|
521 |
|
|
|
(12,074 |
) |
| Yageo Corp. |
|
JPMorgan Chase Bank N.A. |
|
|
212,000 |
|
|
11/09/23 |
|
|
USD |
|
|
|
534.86 |
|
|
|
USD |
|
|
|
111,438 |
|
|
|
(77,181 |
) |
| Alphawave IP Group PLC |
|
UBS AG |
|
|
50,000 |
|
|
11/14/23 |
|
|
GBP |
|
|
|
1.34 |
|
|
|
GBP |
|
|
|
57 |
|
|
|
(1,343 |
) |
| BE Semiconductor Industries NV |
|
Morgan Stanley & Co. International PLC |
|
|
39,400 |
|
|
11/14/23 |
|
|
EUR |
|
|
|
91.26 |
|
|
|
EUR |
|
|
|
3,645 |
|
|
|
(281,636 |
) |
| CD Projekt SA |
|
Goldman Sachs International |
|
|
20,500 |
|
|
11/14/23 |
|
|
PLN |
|
|
|
144.69 |
|
|
|
PLN |
|
|
|
2,559 |
|
|
|
(7,672 |
) |
| GMO Payment Gateway, Inc. |
|
BNP Paribas SA |
|
|
28,200 |
|
|
11/14/23 |
|
|
JPY |
|
|
|
8,402.02 |
|
|
|
JPY |
|
|
|
229,942 |
|
|
|
(62,333 |
) |
| Kaspi.KZ JSC, GDR, Registered Shares |
|
Morgan Stanley & Co. International PLC |
|
|
5,000 |
|
|
11/14/23 |
|
|
USD |
|
|
|
99.78 |
|
|
|
USD |
|
|
|
484 |
|
|
|
(18,255 |
) |
| SiteMinder Ltd. |
|
Citibank N.A. |
|
|
109,000 |
|
|
11/14/23 |
|
|
AUD |
|
|
|
4.78 |
|
|
|
AUD |
|
|
|
503 |
|
|
|
(21,076 |
) |
| Soitec SA |
|
Morgan Stanley & Co. International PLC |
|
|
17,500 |
|
|
11/14/23 |
|
|
EUR |
|
|
|
155.59 |
|
|
|
EUR |
|
|
|
2,747 |
|
|
|
(169,861 |
) |
| Wise PLC, Class A |
|
UBS AG |
|
|
95,000 |
|
|
11/14/23 |
|
|
GBP |
|
|
|
6.98 |
|
|
|
GBP |
|
|
|
649 |
|
|
|
(40,813 |
) |
| SiteMinder Ltd. |
|
Goldman Sachs International |
|
|
50,800 |
|
|
11/15/23 |
|
|
AUD |
|
|
|
5.00 |
|
|
|
AUD |
|
|
|
234 |
|
|
|
(7,346 |
) |
| Ibiden Co. Ltd. |
|
BNP Paribas SA |
|
|
93,000 |
|
|
11/16/23 |
|
|
JPY |
|
|
|
7,919.48 |
|
|
|
JPY |
|
|
|
737,150 |
|
|
|
(264,109 |
) |
| Nikon Corp. |
|
BNP Paribas SA |
|
|
211,000 |
|
|
11/16/23 |
|
|
JPY |
|
|
|
1,684.05 |
|
|
|
JPY |
|
|
|
332,090 |
|
|
|
(35,830 |
) |
| Wolters Kluwer NV |
|
Morgan Stanley & Co. International PLC |
|
|
47,300 |
|
|
11/16/23 |
|
|
EUR |
|
|
|
115.57 |
|
|
|
EUR |
|
|
|
5,417 |
|
|
|
(155,497 |
) |
| Lattice Semiconductor Corp. |
|
JPMorgan Chase Bank N.A. |
|
|
43,500 |
|
|
12/06/23 |
|
|
USD |
|
|
|
88.58 |
|
|
|
USD |
|
|
|
3,738 |
|
|
|
(259,458 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(4,614,585 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value
hierarchy consisting of three broad levels for financial reporting purposes as follows:
| |
• |
|
Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the
Trust has the ability to access; |
| |
• |
|
Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or
liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield
curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and |
| |
• |
|
Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent
observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the
lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into
different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies
or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not
necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
Certain investments of the Trust were fair valued using net asset value (“NAV”) as a practical expedient as no quoted market value is available
and therefore have been excluded from the fair value hierarchy.
|
|
|
| C O N S O L I D A
T E D S C H E D U L E O F I
N V E S T M E N T S |
|
6 |
|
|
|
| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ) |
Fair Value Hierarchy as of Period End (continued)
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy. The breakdown of the Trust’s financial
instruments into major categories is disclosed in the Consolidated Schedule of Investments above.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| |
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-Term Investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stocks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Automobiles |
|
$ |
39,055,339 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
39,055,339 |
|
| Broadline Retail |
|
|
30,765,691 |
|
|
|
— |
|
|
|
— |
|
|
|
30,765,691 |
|
| Chemicals |
|
|
— |
|
|
|
5,383,440 |
|
|
|
— |
|
|
|
5,383,440 |
|
| Communications Equipment |
|
|
— |
|
|
|
18,226,501 |
|
|
|
— |
|
|
|
18,226,501 |
|
| Consumer Finance |
|
|
15,331,087 |
|
|
|
— |
|
|
|
— |
|
|
|
15,331,087 |
|
| Diversified Consumer Services |
|
|
— |
|
|
|
— |
|
|
|
3,503,142 |
|
|
|
3,503,142 |
|
| Electronic Equipment, Instruments & Components |
|
|
36,867,636 |
|
|
|
62,931,799 |
|
|
|
— |
|
|
|
99,799,435 |
|
| Entertainment |
|
|
40,041,836 |
|
|
|
9,862,617 |
|
|
|
— |
|
|
|
49,904,453 |
|
| Financial Services |
|
|
— |
|
|
|
12,993,296 |
|
|
|
— |
|
|
|
12,993,296 |
|
| Hotels, Restaurants & Leisure |
|
|
12,145,564 |
|
|
|
— |
|
|
|
— |
|
|
|
12,145,564 |
|
| Household Durables |
|
|
— |
|
|
|
5,555,574 |
|
|
|
— |
|
|
|
5,555,574 |
|
| Interactive Media & Services |
|
|
8,138,490 |
|
|
|
9,070,607 |
|
|
|
— |
|
|
|
17,209,097 |
|
| IT Services |
|
|
23,625,005 |
|
|
|
— |
|
|
|
52,560,573 |
|
|
|
76,185,578 |
|
| Media |
|
|
— |
|
|
|
24,625,320 |
|
|
|
— |
|
|
|
24,625,320 |
|
| Professional Services |
|
|
14,629,629 |
|
|
|
19,054,244 |
|
|
|
— |
|
|
|
33,683,873 |
|
| Semiconductors & Semiconductor Equipment |
|
|
231,030,085 |
|
|
|
140,914,420 |
|
|
|
— |
|
|
|
371,944,505 |
|
| Software |
|
|
156,204,890 |
|
|
|
60,519,397 |
|
|
|
44,572,329 |
|
|
|
261,296,616 |
|
| Specialty Retail |
|
|
3,047,540 |
|
|
|
— |
|
|
|
— |
|
|
|
3,047,540 |
|
| Technology Hardware, Storage & Peripherals |
|
|
32,370,447 |
|
|
|
8,393,514 |
|
|
|
— |
|
|
|
40,763,961 |
|
| Preferred Securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stocks |
|
|
— |
|
|
|
— |
|
|
|
443,786,234 |
|
|
|
443,786,234 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
643,253,239 |
|
|
$ |
377,530,729 |
|
|
$ |
544,422,278 |
|
|
|
1,565,206,246 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Investments Valued at NAV(a) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,670,730 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
1,586,876,976 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative Financial Instruments(b) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity Contracts |
|
$ |
(4,261,612 |
) |
|
$ |
(6,238,291 |
) |
|
$ |
— |
|
|
$ |
(10,499,903 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
Certain investments of the Trust were fair valued using NAV as a practical expedient as no quoted market value is
available and therefore have been excluded from the fair value hierarchy. |
|
| |
(b) |
Derivative financial instruments are options written. Options written are shown at value. |
|
A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of
Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were
used in determining fair value:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
|
Common
Stocks |
|
|
Preferred
Stocks |
|
|
Warrants |
|
|
Total |
|
| |
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Opening balance, as of December 31, 2022 |
|
$ |
94,490,236 |
|
|
$ |
413,908,201 |
|
|
$ |
44,581 |
|
|
$ |
508,443,018 |
|
| Transfers into Level 3 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Transfers out of Level 3 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Other(a) |
|
|
224,160 |
|
|
|
(224,160 |
) |
|
|
— |
|
|
|
— |
|
| Accrued discounts/premiums |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Net realized gain (loss) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Net change in unrealized appreciation (depreciation)(b)
|
|
|
5,921,648 |
|
|
|
30,102,193 |
|
|
|
(44,581 |
) |
|
|
35,979,260 |
|
| Purchases |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Sales |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Closing balance, as of September 30, 2023 |
|
$ |
100,636,044 |
|
|
$ |
443,786,234 |
|
|
$ |
— |
|
|
$ |
544,422,278 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on investments still held at
September 30, 2023(b) |
|
$ |
5,921,648 |
|
|
$ |
30,102,193 |
|
|
$ |
— |
|
|
$ |
36,023,841 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
Certain Level 3 investments were re-classified between Common Stocks and
Preferred Stocks |
|
| |
(b) |
Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation
(depreciation) on investments still held at September 30, 2023 is generally due to investments no longer held or categorized as Level 3 at period end. |
|
|
|
|
| Consolidated Schedule of Investments (unaudited) (continued)
September 30, 2023 |
|
BlackRock Science and Technology Term Trust (BSTZ) |
The following table summarizes the valuation approaches used and unobservable
inputs utilized by the BlackRock Valuation Committee (the “Valuation Committee”) to determine the value of certain of the Trust’s Level 3 financial instruments as of period end.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
Value |
|
|
|
Valuation
Approach |
|
|
Unobservable
Inputs |
|
|
Range of
Unobservable
Inputs
Utilized |
(a) |
|
|
Weighted
Average of
Unobservable Inputs Based
on Fair Value |
|
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stocks |
|
$ |
100,636,044 |
|
|
|
Market |
|
|
Revenue Multiple |
|
|
1.15x - 25.09x |
|
|
|
13.64x |
|
|
|
|
|
|
|
|
|
|
|
Volatility |
|
|
60% - 70% |
|
|
|
61% |
|
|
|
|
|
|
|
|
|
|
|
Time to Exit |
|
|
1.0 - 3.0 years |
|
|
|
1.3 years |
|
|
|
|
|
|
|
| Preferred Stocks |
|
|
443,786,234 |
|
|
|
Market |
|
|
Revenue Multiple |
|
|
1.80x - 33.75x |
|
|
|
16.76x |
|
|
|
|
|
|
|
|
|
|
|
Time to Exit |
|
|
3.0 - 4.0 years |
|
|
|
3.9 years |
|
|
|
|
|
|
|
|
|
|
|
Volatility |
|
|
38% - 70% |
|
|
|
51% |
|
|
|
|
|
|
|
|
|
|
|
Market Adjustment Multiple |
|
|
1.20x - 1.20x |
|
|
|
1.20x |
|
|
|
|
|
|
|
|
|
|
|
Gross Profit Multiple |
|
|
6.75x |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
544,422,278 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
A significant change in unobservable input would have resulted in a correlated (inverse) significant change to value.
|
|
|
|
|
| Currency Abbreviation |
|
|
| AUD |
|
Australian Dollar |
|
|
| CAD |
|
Canadian Dollar |
|
|
| EUR |
|
Euro |
|
|
| GBP |
|
British Pound |
|
|
| JPY |
|
Japanese Yen |
|
|
| PLN |
|
Polish Zloty |
|
|
| USD |
|
United States Dollar |
|
| Portfolio Abbreviation |
|
|
| ADR |
|
American Depositary Receipt |
|
|
| CD |
|
Certificate of Deposit |
|
|
| GDR |
|
Global Depositary Receipt |
|
|
| JSC |
|
Joint Stock Company |
|
|
|
| C O N S O L I D A
T E D S C H E D U L E O F I
N V E S T M E N T S |
|
8 |
BlackRock Science and Te... (NYSE:BSTZ)
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From Mar 2024 to Apr 2024
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From Apr 2023 to Apr 2024
