BlackLine
297 hedge funds and large institutions have $3.23B invested in BlackLine in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 85 increasing their positions, 110 reducing their positions, and 39 closing their positions.
183% more call options, than puts
Call options by funds: $48.5M | Put options by funds: $17.1M
21% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 39
2% more funds holding
Funds holding: 292 → 297 (+5)
3% more capital invested
Capital invested by funds: $3.12B → $3.23B (+$104M)
0.48% less ownership
Funds ownership: 95.95% → 95.46% (-0.48%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
23% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.3M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
+$58.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$32.8M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$21.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$67.7M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$41.2M |
| 3 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$32.1M |
| 4 |
Morgan Stanley
New York
|
-$25.8M |
| 5 |
Jane Street
New York
|
-$18.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
326
NewEdge Advisors
New Orleans,
Louisiana
| – | -$42.8K | -795 | Closed |
|
|
PI
327
PineBridge Investments
New York
| – | -$36.2K | -672 | Closed |
|
|
CMBA
328
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$34.2K | -635 | Closed |
|
|
CFO
329
CVA Family Office
Denver,
Colorado
| – | -$33.1K | -615 | Closed |
|
|
MRCM
330
M&R Capital Management
Summit,
New Jersey
| – | -$24.8K | -460 | Closed |
|
|
WTG
331
West Tower Group
Richmond,
Virginia
| – | -$15.1K | -280 | Closed |
|
|
FDCC
332
Foster Dykema Cabot & Co
Waltham,
Massachusetts
| – | -$5K | -91 | Closed |
|
|
EC
333
Elequin Capital
New York
| – | -$4.52K | -84 | Closed |
|
334
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$4K | -69 | Closed |
|
|
BG
335
Bollard Group
Boston,
Massachusetts
| – | -$2K | -45 | Closed |
|
|
MPWT
336
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$1.35K | -25 | Closed |
|
BL Hedge Fund Activity: Q3 2023 in Review
297 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2023, worth a combined $3.23B — up 3.3% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BL positions and 39 closed out — a net gain of 8 holders — while 85 added to existing stakes and 110 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $60.3M. The largest seller was AllianceBernstein, cutting an estimated $67.7M.
- 297 institutional investors held BlackLine (BL) as of Q3 2023, up from 292 in Q2 2023.
- Funds reported $3.23B of BlackLine stock for Q3 2023, up 3.3% quarter-over-quarter.
- 47 funds opened new BlackLine positions in Q3 2023 and 39 closed out, a net change of +8 holders.
- The largest BlackLine buyer in Q3 2023 was Fidelity Investments, an estimated $60.3M added.
- The largest BlackLine seller in Q3 2023 was AllianceBernstein, an estimated $67.7M sold.
Based on aggregated 13F filings for Q3 2023.