Blackrock Innovation & Growth Trust (BIGZ)

Company Profile

BlackRock Innovation and Growth Trust is a newly organized, non-diversified, closed-end management investment company with no operating history. The Trust’s investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation.§ The Trust will invest primarily in equity securities issued by mid- and small-capitalization companies that BlackRock Advisors, LLC (the "Advisor") believes have above-average earnings growth potential. In selecting investments for the Trust, the Advisor focuses on mid- and small-capitalization growth companies that are "innovative." These are companies that have introduced, or are seeking to introduce, a new product or service that potentially changes the marketplace. The Trust may invest up to 25% of its assets in securities of foreign companies, including companies located in emerging markets.

Company profile

Ticker

BIGZ

Exchange

NYSE

Website

www.blackrock.com/us/individual/products/317597/blackrock-innovation-and-growth-trust

Incorporated

Location

Fiscal year end

SEC CIK

BIGZ stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

View all

SC TO-C

Information about tender offer

1 Oct 24

N-CSRS

Certified semi-annual shareholder report (management investment company)

4 Sep 24

N-PX

Annual report of proxy voting record

27 Aug 24

SC TO-I/A

Issuer tender offer statement (amended)

22 Aug 24

SC TO-I/A

Issuer tender offer statement (amended)

21 Aug 24

SC TO-I

Issuer tender offer statement

22 Jul 24

SC TO-C

Information about tender offer

1 Jul 24

DEFA14A

Additional proxy soliciting materials

20 Jun 24

DFAN14A

Additional proxy materials by non-management

17 Jun 24

DFAN14A

Additional proxy materials by non-management

17 Jun 24

Latest ownership filings

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Boaz Weinstein

15 Oct 24

SC 13D/A

Saba Capital Management, L.P.

Funds

Data from SEC filings

Series	Ticker	%Monthly Return ?			$Assets	#Holdings	As of
BlackRock Innovation & Growth Term Trust	–	4.08	-4.63	-5.95	2.00 bn	222	Sep 2023

Institutional ownership, Q2 2024

BIGZ institutional ownership history Ownership history

45.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	115	43	+167.4%
Opened positions	78	14	+457.1%
Closed positions	6	56	-89.3%
Increased positions	11	10	+10.0%
Reduced positions	17	14	+21.4%

13F shares	Current	Prev Q	Change
Total value	636.98 bn	39.26 bn	+1522.7%
Total shares	96.61 mm	55.80 mm	+73.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Saba Capital Management	52.10 mm	$376.71 bn	+2.4%
MS Morgan Stanley	5.39 mm	$38.97 bn	NEW
Sit Investment Associates	5.24 mm	$37.92 mm	NEW
IVZ Invesco	3.28 mm	$23.70 bn	NEW
Sessa Capital IM	2.74 mm	$19.81 bn	NEW
RY Royal Bank of Canada	2.59 mm	$18.72 bn	NEW
Lazard Asset Management	2.58 mm	$18.67 mm	NEW
Karpus Management	2.25 mm	$16.27 bn	NEW
BAC Bank of America	2.11 mm	$15.27 bn	NEW
Raymond James & Associates	1.61 mm	$11.62 bn	-13.5%

Largest transactions	Shares	Bought/sold	Change
MS Morgan Stanley	5.39 mm	+5.39 mm	NEW
Sit Investment Associates	5.24 mm	+5.24 mm	NEW
IVZ Invesco	3.28 mm	+3.28 mm	NEW
Sessa Capital IM	2.74 mm	+2.74 mm	NEW
RY Royal Bank of Canada	2.59 mm	+2.59 mm	NEW
Lazard Asset Management	2.58 mm	+2.58 mm	NEW
Karpus Management	2.25 mm	+2.25 mm	NEW
BAC Bank of America	2.11 mm	+2.11 mm	NEW
Cornerstone Advisors	1.51 mm	+1.51 mm	NEW
UBS UBS	1.40 mm	+1.40 mm	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BIGZ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.7	56,853	437.77 k	56,152,810
11 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.65	45,033	344.50 k	56,095,957
10 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.62	62,652	477.41 k	56,050,924
9 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.6	79,992	607.94 k	55,988,272
8 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.56	29,482	222.88 k	55,908,280
7 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.53	23,490	176.88 k	55,878,798
4 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.59	29,895	226.90 k	55,855,308
3 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.53	5,581	42.02 k	55,825,413
1 Oct 24	Saba Capital Management	Common Stock	Buy	Acquire P	Yes	No	7.54	25,228	190.22 k	55,819,832

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Certain BlackRock Closed-End Funds Announce Tender Offer in Conjunction with Results of the Quarterly Measurement Period of their Discount Management Programs

1 Oct 24

The BlackRock closed-end funds (the "Funds") listed below announced today the results of the Quarterly Measurement Period (as defined below) under their previously announced discount management programs (the

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

30 Sep 24

Today, BlackRock Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock Enhanced International Dividend

Distribution Dates and Amounts Announced for ECAT, BCAT, BMEZ, BSTZ and BIGZ

12 Sep 24

Today, each of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT), BlackRock Capital Allocation Term Trust (NYSE:BCAT), BlackRock Health Sciences Term Trust (NYSE:BMEZ), BlackRock Science and Technology Term Trust

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

3 Sep 24

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

30 Aug 24