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BlackLine

315 hedge funds and large institutions have $3.66B invested in BlackLine in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 94 increasing their positions, 120 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 29

46% more call options, than puts

Call options by funds: $24.3M | Put options by funds: $16.6M

13% more capital invested

Capital invested by funds: $3.23B → $3.66B (+$434M)

6% more funds holding

Funds holding: 297315 (+18)

0.29% more ownership

Funds ownership: 95.46%95.75% (+0.29%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

22% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 120

Holders
315
Holders Change
+18
Holders Change %
+6.06%
% of All Funds
4.59%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
51
Increased
94
Reduced
120
Closed
29
Calls
$24.3M
Puts
$16.6M
Net Calls
+$7.65M
Net Calls Change
-$23.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
26
Barclays
United Kingdom
$32.2M +$1.95M +34,485 +7%
SIC
27
Schwartz Investment Counsel
Michigan
$31.8M
GIP
28
Granite Investment Partners
California
$29.9M +$4.4M +77,874 +19%
WP
29
Woodline Partners
California
$29.5M +$24.5M +432,636 +1,096%
CC
30
Chicago Capital
Illinois
$29.1M -$238K -4,208 -0.9%
Charles Schwab
31
Charles Schwab
California
$28M +$738K +13,062 +3%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$27.2M -$780K -13,798 -3%
MG
33
Meritage Group
California
$22.4M -$40.4M -715,201 -67%
First Trust Advisors
34
First Trust Advisors
Illinois
$22.2M +$1.83M +32,412 +10%
TCM
35
Tensile Capital Management
California
$20.9M -$13.1M -231,216 -41%
Envestnet Asset Management
36
Envestnet Asset Management
Illinois
$18.4M -$1.39M -24,658 -8%
Norges Bank
37
Norges Bank
Norway
$16.9M -$13.4M -236,712 -47%
PCM
38
Palisade Capital Management
New Jersey
$14.8M +$1.6M +28,286 +14%
UBS Group
39
UBS Group
Switzerland
$14.1M -$24.4M -431,960 -66%
RAM
40
Readystate Asset Management
Illinois
$13.6M +$2.28M +40,252 +23%
Goldman Sachs
41
Goldman Sachs
New York
$12.2M -$655K -11,589 -6%
Wells Fargo
42
Wells Fargo
California
$12M +$178K +3,155 +2%
GS
43
Gagnon Securities
New York
$11.3M -$564K -9,979 -5%
SEI Investments
44
SEI Investments
Pennsylvania
$11.3M -$1.28M -22,628 -11%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$10.1M -$1.77M -31,237 -16%
N
46
Nuveen
North Carolina
$9.79M +$203K +3,592 +2%
Qube Research & Technologies (QRT)
47
Qube Research & Technologies (QRT)
United Kingdom
$9.52M +$4.04M +71,412 +88%
Dimensional Fund Advisors
48
Dimensional Fund Advisors
Texas
$9.35M +$3.3M +58,433 +64%
Ameriprise
49
Ameriprise
Minnesota
$9.29M -$11.6M -205,676 -58%
William Blair & Company
50
William Blair & Company
Illinois
$9.26M -$7.08M -125,181 -46%

BL Hedge Fund Activity: Q4 2023 in Review

315 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2023, worth a combined $3.66B — up 13% from $3.23B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new BL positions and 29 closed out — a net gain of 22 holders — while 94 added to existing stakes and 120 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $121M. The largest seller was Artisan Partners, exiting entirely with an estimated $49.6M sold.

  • 315 institutional investors held BlackLine (BL) as of Q4 2023, up from 297 in Q3 2023.
  • Funds reported $3.66B of BlackLine stock for Q4 2023, up 13% quarter-over-quarter.
  • 51 funds opened new BlackLine positions in Q4 2023 and 29 closed out, a net change of +22 holders.
  • The largest BlackLine buyer in Q4 2023 was Morgan Stanley, an estimated $121M added.
  • The largest BlackLine seller in Q4 2023 was Artisan Partners, an estimated $49.6M sold.

Based on aggregated 13F filings for Q4 2023.