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BlackLine
BL

312 hedge funds and large institutions have $3.04B invested in BlackLine in 2024 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 97 increasing their positions, 114 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

587% more call options, than puts

Call options by funds: $164M | Put options by funds: $23.9M

25% more funds holding in top 10

Funds holding in top 10: 4 → 5 (+1)

21% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 57

3% more funds holding

Funds holding: 303 → 312 (+9)

0.11% more ownership

Funds ownership: 101.32% → 101.43% (+0.11%)

15% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 114

24% less capital invested

Capital invested by funds: $4.02B → $3.04B (-$983M)

Holders
312
Holders Change
+9
Holders Change %
+2.97%
% of All Funds
4.51%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
69
Increased
97
Reduced
114
Closed
57
Calls
$164M
Puts
$23.9M
Net Calls
+$140M
Net Calls Change
+$20.2M

Top Buyers

1
HRCM
Hawk Ridge Capital Management
California
+$75.6M
2
JPM
JANA Partners Management
New York
+$63.4M
3
Fidelity Investments
Fidelity Investments
Massachusetts
+$37.7M
4
TCM
Tensile Capital Management
California
+$24.2M
5
Millennium Management
Millennium Management
New York
+$24.2M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$98.6M
2
RC
Rivulet Capital
New Jersey
-$44.5M
3
Brown Advisory
Brown Advisory
Maryland
-$43.7M
4
Invesco
Invesco
Georgia
-$31.2M
5
Bank of America
Bank of America
North Carolina
-$20.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
WT
226
Whittier Trust
California
$208K -$22.1K -402 -9%
PWS
227
Precision Wealth Strategies
Missouri
$206K -$79K -1,439 -25%
Creative Planning
228
Creative Planning
Kansas
$205K -$125K -2,268 -35%
IWA
229
Icon Wealth Advisors
Texas
$192K -$49.2K -895 -18%
Northwestern Mutual Wealth Management
230
Northwestern Mutual Wealth Management
Wisconsin
$181K +$205K +3,738 New
EC
231
EntryPoint Capital
New York
$169K +$161K +2,938 +534%
Osaic Holdings
232
Osaic Holdings
Arizona
$161K -$17.4K -316 -9%
Canada Pension Plan Investment Board
233
Canada Pension Plan Investment Board
Ontario, Canada
$155K -$286K -5,200 -62%
NC
234
nVerses Capital
Florida
$145K +$165K +3,000 New
Group One Trading
235
Group One Trading
Illinois
$134K +$107K +1,957 +241%
PA
236
Parallel Advisors
California
$124K -$5K -91 -3%
FIA
237
FNY Investment Advisers
New York
$123K +$140K +2,550 New
CIBC Private Wealth Group
238
CIBC Private Wealth Group
Georgia
$122K +$101K +1,845 +279%
PFBT
239
Parkside Financial Bank & Trust
Missouri
$114K +$1.21K +22 +0.9%
Fifth Third Bancorp
240
Fifth Third Bancorp
Ohio
$112K +$14.6K +266 +13%
FHA
241
First Horizon Advisors
Tennessee
$78K -$6.75K -123 -7%
SOW
242
State of Wyoming
Wyoming
$74.2K -$310K -5,650 -79%
KBC Group
243
KBC Group
Belgium
$73K +$17.3K +315 +26%
Bessemer Group
244
Bessemer Group
New Jersey
$67K -$6.05M -110,198 -99%
VFA
245
Virtus Fund Advisers
Connecticut
$64.1K -$28.7K -522 -28%
GC
246
Globeflex Capital
California
$64K – – –
1IA
247
1620 Investment Advisors
Massachusetts
$63.5K +$72K +1,311 New
BC
248
Broadwater Capital
Massachusetts
$63K – – –
BEI
249
Benjamin Edwards Inc
Missouri
$58K -$5.27K -96 -7%
Asset Management One
250
Asset Management One
Japan
$54.4K +$16.1K +294 +36%
8 9
10
11 12

BL Hedge Fund Activity: Q2 2024 in Review

312 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2024, worth a combined $3.04B — down 24% from $4.02B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new BL positions and 57 closed out — a net gain of 12 holders — while 97 added to existing stakes and 114 trimmed.

The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $75.6M. The largest seller was Morgan Stanley, cutting an estimated $98.6M.

  • 312 institutional investors held BlackLine (BL) as of Q2 2024, up from 303 in Q1 2024.
  • Funds reported $3.04B of BlackLine stock for Q2 2024, down 24% quarter-over-quarter.
  • 69 funds opened new BlackLine positions in Q2 2024 and 57 closed out, a net change of +12 holders.
  • The largest BlackLine buyer in Q2 2024 was Hawk Ridge Capital Management, an estimated $75.6M added.
  • The largest BlackLine seller in Q2 2024 was Morgan Stanley, an estimated $98.6M sold.

Based on aggregated 13F filings for Q2 2024.