BTX BlackRock Innovation & Growth Term Trust Insider Trading

Saba Capital (10% owner) buys 59,630 shares of BIGZ at $7.69 on 2025-01-07; third consecutive purchase in 5 days.

Saba Capital made its third consecutive purchase of BIGZ in five calendar days, acquiring 59,630 shares at $7.69 on 2025-01-07, following buys on 2025-01-06 and 2025-01-03. The stock has declined 4.8% over the prior 30 days and trades 8.0% below its 52-week high of $8.20, suggesting these purchases occurred amid recent price weakness. Saba's cross-ticker track record shows 19 prior open-market buys and only 1 prior sell, indicating a consistent buy-oriented approach. However, outcomes on the two prior BIGZ trades remain unmeasurable (occurring within the last 5 days), and the timing pattern across Saba's historical buys shows no instances of well-timed purchases at the 90-day mark, which provides limited evidence of successful entry-point selection in this investor's recent history.

Saba Capital (10% owner) bought 282,123 shares of BIGZ at $7.72 on 2025-01-06 for $2,177,989.56 as holdings approach 60.62M shares.

Saba Capital purchased 282,123 shares of BlackRock Innovation & Growth Term Trust at $7.72, a price slightly above the current level of $7.61 but well below the 52-week high of $8.20. The purchase adds to a pattern of four consecutive daily buys across the close of 2024 and start of 2025 (2024-12-31, 2025-01-02, 2025-01-03, 2025-01-07), suggesting sustained accumulation during recent market weakness. The stock is down 5.8% over the past 30 days and 7.2% from its 52-week high, yet Saba continues to purchase. As a 10% owner, the transaction represents a modest 0.5% increase in holdings, consistent with methodical accumulation by a major shareholder.

Saba Capital (10% owner) buys 177,516 shares of BIGZ in 2 transactions totaling $1,332,068.25

Saba Capital Management, L.P., a 10% shareholder of BlackRock Innovation & Growth Term Trust, executed 2 separate purchases totaling 177,516 shares for $1,332,068.25 at an average price of $7.50 on January 2-3, 2025. The purchases increased holdings by 177,516 shares from 60,156,126 to 60,333,642 shares, representing a +0.3% increase in the position. The timing coincides with BIGZ trading at $7.74, down 5.6% from its 52-week high of $8.20 and down 4.2% over the prior 30 days. Saba's prior trade history at BIGZ consists of 3 recent buys (December 30, December 31, and January 6), with no measurable 90-day outcomes yet established for any of these same-ticker transactions.

Saba Capital increases BIGZ stake by 108,299 shares at $7.49 in year-end purchase; stock down 9.0% from 52-week high.

Saba Capital Management acquired 108,299 shares of BlackRock Innovation & Growth Term Trust on 2024-12-31 at $7.49 per share, adding to its position as a 10% owner. This purchase represents a modest +0.2% increase in holdings, with post-transaction shares at 60,156,126. The purchase occurred when BIGZ was trading 9.0% below its 52-week high of $8.20 and has declined 6.2% in the prior 30 days. Within 3 calendar days (2024-12-27 through 2025-01-02), Saba executed 3 separate open-market purchases at this ticker with outcomes not yet measurable. Across Saba's cross-ticker open-market history, the fund shows 17 prior buys versus 3 prior sells; however, at BIGZ specifically, none of the prior buys have reached a 90-day measurement window yet to assess timing accuracy.

Saba Capital (10% owner) bought 431.9K shares of BIGZ for $3.2M across 2 transactions at $7.47–$7.52 blended average

Saba Capital Management executed 2 separate purchases totaling 431,872 shares for $3,228,113.91 between December 27–30, 2024, at prices of $7.52 and $7.45, increasing its stake from 59.62M to 60.05M shares (+0.7%). This occurred while BIGZ was trading -9.3% from its 52-week high and down 6.9% over the prior 30 days, yet the purchase prices ($7.47 blended) were near the current $7.44 price level. The purchase is modest relative to Saba's existing holding and reflects a material trader with strong cross-ticker buy frequency (17 prior buys vs 3 prior sells across all tickers), though outcomes at this specific ticker are not yet measurable.

Saba Capital, 10% owner, buys 69,719 shares of BIGZ at $7.65 on 2024-12-26; stock now down 8.5% from 52-week high at $7.50.

Saba Capital Management, L.P., a major 10% shareholder of BlackRock Innovation & Growth Term Trust, purchased 69,719 shares at $7.65 on 2024-12-26, adding $533,350.35 to a substantial existing position of 59.62M shares post-transaction. The purchase occurred as BIGZ traded near recent lows—currently $7.50, down 8.5% from its 52-week high of $8.20 and 5.3% lower over the prior 30 days. Across Saba's open-market history, the insider maintains a strong buy-oriented track record with 16 prior purchases against only 4 sales, though this specific trade at BIGZ is not yet measurable against the 90-day outcome benchmark. The incremental 0.1% addition to an already dominant position suggests modest supplementary accumulation during a period of relative weakness in the closed-end fund's price.

Saba Capital (10% owner) bought 350,000 shares of BIGZ at $7.91; third consecutive purchase in three days

Saba Capital Management purchased 350,000 shares at $7.91 on 2024-12-16, extending a pattern of consecutive acquisitions: identical purchases on 2024-12-12 and 2024-12-13 preceded this transaction. The buyer holds 59,546,236 shares post-transaction, representing a 0.6% net increase. Current price of $7.79 stands 5.0% below the 52-week high of $8.20, while the stock has gained 3.3% over the past 30 days and 4.8% over 90 days. Across the insider's cross-ticker open-market history, 18 prior buys outnumber 2 prior sells, though timing outcomes on those transactions remain unavailable; at BIGZ specifically, both prior trades lack measurable 90-day outcomes. The sequential purchasing pattern over three consecutive trading days warrants monitoring for underlying motivations.

Saba Capital (10% owner) buys 588,299 shares at $7.88 avg for $4.6M in 2 transactions at BIGZ

Saba Capital Management, a substantial 10% shareholder, executed 2 separate purchases totaling 588,299 shares for $4,636,906.91 at a blended average price of $7.88 over two consecutive trading days (2024-12-12 and 2024-12-13). The current price of $7.91 is only slightly above the execution prices, with the stock trading near its 52-week high range. Saba's prior track record shows 16 open-market buys across all tickers with a 0% well-timed outcomes at the 90-day mark, indicating a pattern of purchases that failed to precede rallies—relevant context for evaluating whether this incremental 1.0% addition to holdings reflects new conviction or routine portfolio management by a large existing position holder.

Saba Capital (10% owner) bought 159,167 shares of BIGZ at $8.07 on 2024-12-05 ($1.3M); part of consecutive trading pattern.

Saba Capital purchased 159,167 shares at $8.07, adding to a position already at 58.61M shares post-transaction and extending a three-day consecutive buying pattern (purchases on 2024-12-03, 2024-12-04, and 2024-12-05). The current price of $7.99 sits 2.6% below the 52-week high of $8.20 and has appreciated 10.2% over 90 days and 3.1% over 30 days. As a 10% institutional holder, Saba's sustained accumulation signals continued conviction in the closed-end fund, though neither prior same-ticker transaction outcomes nor cross-ticker timing metrics establish a pattern of market-beating execution on these holdings.

Saba Capital (10% owner) purchased 211,154 shares across 2 transactions for $1,701,468.98 at BIGZ; stock +8.0% in 30 days, +12.4% in 90 days

Saba Capital Management, L.P., holding 58.45M shares post-transaction, executed 2 separate purchases totaling 211,154 shares for $1,701,468.98 at prices very near the current market level ($8.06–$8.07 blended average vs. $8.08 current). The 30-day price action (+8.0%) and 90-day price action (+12.4%) indicate the stock has moved higher since the purchase dates, and the current price of $8.08 is -1.5% from the 52-week high of $8.20. This represents a modest incremental acquisition (+0.4% vs. pre-transaction holdings) at price levels consistent with recent momentum, occurring within the 52-week trading range ($6.75–$8.20).