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BlackLine

181 hedge funds and large institutions have $2.54B invested in BlackLine in 2018 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 71 increasing their positions, 45 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 21

122% more call options, than puts

Call options by funds: $4.44M | Put options by funds: $2M

58% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 45

31% more capital invested

Capital invested by funds: $1.94B → $2.54B (+$604M)

16% more funds holding

Funds holding: 156181 (+25)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.6% less ownership

Funds ownership: 84.05%83.44% (-0.6%)

Holders
181
Holders Change
+25
Holders Change %
+16.03%
% of All Funds
4.14%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
48
Increased
71
Reduced
45
Closed
21
Calls
$4.44M
Puts
$2M
Net Calls
+$2.44M
Net Calls Change
+$677K
Name Holding Trade Value Shares
Change
Change in
Stake
FCM
51
Frontier Capital Management
Massachusetts
$7.47M -$3.89M -78,056 -37%
First Trust Advisors
52
First Trust Advisors
Illinois
$7.33M -$115K -2,303 -2%
NC
53
Nicholas Company
Wisconsin
$7.13M -$3.98K -80 -0.1%
Goldman Sachs
54
Goldman Sachs
New York
$7.1M +$2.58M +51,763 +70%
Axa
55
Axa
France
$6.9M +$6.09M +122,249 New
Russell Investments Group
56
Russell Investments Group
United Kingdom
$6.87M +$803K +16,120 +15%
Two Sigma Investments
57
Two Sigma Investments
New York
$6.71M -$9.81M -196,991 -62%
Renaissance Technologies
58
Renaissance Technologies
New York
$6.7M -$11.1M -222,550 -65%
GS
59
Gagnon Securities
New York
$6.61M +$5.83M +117,053 New
HNB
60
Huntington National Bank
Ohio
$5.92M +$1.47M +29,445 +39%
AR
61
Advisory Research
Illinois
$5.71M -$322K -6,459 -6%
Federated Hermes
62
Federated Hermes
Pennsylvania
$5.65M -$14.3K -287 -0.3%
Two Sigma Advisers
63
Two Sigma Advisers
New York
$5.6M -$1.09M -21,900 -18%
SRFM
64
Shannon River Fund Management
New York
$5.46M -$911K -18,300 -16%
AAP
65
Ardsley Advisory Partners
Connecticut
$5.37M +$4.73M +95,000 New
EP
66
Elkfork Partners
Oregon
$5.03M +$2.32M +46,682 +110%
1832 Asset Management
67
1832 Asset Management
Ontario, Canada
$4.88M -$398K -8,000 -8%
PC
68
Pier Capital
Connecticut
$4.81M -$4.13M -82,955 -49%
TCM
69
Timpani Capital Management
Wisconsin
$4.56M +$517K +10,388 +15%
AI
70
Axiom Investors
Connecticut
$4.54M +$4.01M +80,445 New
State of Wisconsin Investment Board
71
State of Wisconsin Investment Board
Wisconsin
$4.52M +$3.98M +80,000 New
GA
72
Gagnon Advisors
New York
$4.36M +$3.84M +77,147 New
SBH
73
Segall Bryant & Hamill
Illinois
$4.29M +$1.08M +21,661 +40%
PI
74
Putnam Investments
Massachusetts
$4.21M +$3.71M +74,589 New
GHCM
75
Glen Harbor Capital Management
California
$4.14M +$1.91M +38,444 +110%

BL Hedge Fund Activity: Q3 2018 in Review

181 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2018, worth a combined $2.54B — up 31% from $1.94B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new BL positions and 21 closed out — a net gain of 27 holders — while 71 added to existing stakes and 45 trimmed.

The largest buyer was ClearBridge Investments, adding an estimated $17M. The largest seller was Alkeon Capital Management, exiting entirely with an estimated $30.4M sold.

  • 181 institutional investors held BlackLine (BL) as of Q3 2018, up from 156 in Q2 2018.
  • Funds reported $2.54B of BlackLine stock for Q3 2018, up 31% quarter-over-quarter.
  • 48 funds opened new BlackLine positions in Q3 2018 and 21 closed out, a net change of +27 holders.
  • The largest BlackLine buyer in Q3 2018 was ClearBridge Investments, an estimated $17M added.
  • The largest BlackLine seller in Q3 2018 was Alkeon Capital Management, an estimated $30.4M sold.

Based on aggregated 13F filings for Q3 2018.