BlackLine
353 hedge funds and large institutions have $5.96B invested in BlackLine in 2021 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 120 increasing their positions, 130 reducing their positions, and 53 closing their positions.
13% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 53
0% more funds holding
Funds holding: 352 → 353 (+1)
0.48% less ownership
Funds ownership: 95.71% → 95.22% (-0.48%)
8% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 130
18% less capital invested
Capital invested by funds: $7.3B → $5.96B (-$1.34B)
33% less funds holding in top 10
Funds holding in top 10: 18 → 12 (-6)
68% less call options, than puts
Call options by funds: $19.5M | Put options by funds: $60.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$70.1M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$57.3M |
| 3 |
Two Sigma Investments
New York
|
+$32.6M |
| 4 |
Swedbank
Stockholm,
Sweden
|
+$31.2M |
| 5 |
BlackRock
New York
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$40.7M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$39.7M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$37.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.9M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$23.6M |
BL Hedge Fund Activity: Q1 2021 in Review
353 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q1 2021, worth a combined $5.96B — down 18% from $7.3B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BL positions and 53 closed out — a net gain of 7 holders — while 120 added to existing stakes and 130 trimmed.
The largest buyer was Ameriprise, adding an estimated $70.1M. The largest seller was D.E. Shaw & Co, cutting an estimated $40.7M.
- 353 institutional investors held BlackLine (BL) as of Q1 2021, up from 352 in Q4 2020.
- Funds reported $5.96B of BlackLine stock for Q1 2021, down 18% quarter-over-quarter.
- 60 funds opened new BlackLine positions in Q1 2021 and 53 closed out, a net change of +7 holders.
- The largest BlackLine buyer in Q1 2021 was Ameriprise, an estimated $70.1M added.
- The largest BlackLine seller in Q1 2021 was D.E. Shaw & Co, an estimated $40.7M sold.
Based on aggregated 13F filings for Q1 2021.