We are live on ! Find out more
BL icon

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
WWM
276
Wolff Wiese Magana
California
$5.77K – – –
Russell Investments Group
277
Russell Investments Group
United Kingdom
$5.57K -$14.4K -263 -70%
PTC
278
Private Trust Company
Ohio
$5.38K – – –
Mitsubishi UFJ Asset Management
279
Mitsubishi UFJ Asset Management
Japan
$4.99K – – –
B
280
Birchbrook
Maine
$4.84K – – –
FFA
281
Farther Finance Advisors
California
$4.52K +$1.54K +28 +42%
TAM
282
Tucker Asset Management
Colorado
$4.31K +$4.89K +89 New
GRP
283
Global Retirement Partners
California
$3.83K +$1.04K +19 +32%
HPC
284
HM Payson & Co
Maine
$3.63K -$16.5K -300 -80%
BIA
285
Bell Investment Advisors
California
$2.91K +$384 +7 +13%
CPG
286
Cornerstone Planning Group
New Jersey
$2.14K -$6.26K -114 -70%
FNWA
287
Financial Network Wealth Advisors
Utah
$2.13K +$2.42K +44 New
CTWM
288
Cherry Tree Wealth Management
Minnesota
$2.08K – – –
SWM
289
Spire Wealth Management
Virginia
$1.99K – – –
PS
290
Principal Securities
Iowa
$1.94K +$769 +14 +54%
IC
291
Innealta Capital
Texas
$1.5K +$1.7K +31 New
MPWT
292
MassMutual Private Wealth & Trust
Connecticut
$1.45K +$55 +1 +3%
VCM
293
Versant Capital Management
Arizona
$1.41K +$1.59K +29 New
FMII
294
Farmers & Merchants Investments Inc
Nebraska
$1.36K +$165 +3 +12%
PIM
295
Plato Investment Management
Australia
$1.31K +$1.48K +27 New
BCMLT
296
Beacon Capital Management LLC (Tennessee)
Tennessee
$1.21K – – –
YAL
297
Your Advocates Ltd
Texas
$1.21K – – –
UB
298
UMB Bank
Missouri
$1.16K +$110 +2 +9%
BHWM
299
Beaird Harris Wealth Management
Texas
$1.11K +$1.26K +23 New
FG
300
Fairman Group
Pennsylvania
$1.07K – – –
10 11
12
13 14

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.