BlackLine
295 hedge funds and large institutions have $4.88B invested in BlackLine in 2020 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 129 increasing their positions, 83 reducing their positions, and 28 closing their positions.
82% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 28
55% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 83
11% more capital invested
Capital invested by funds: $4.41B → $4.88B (+$474M)
8% more funds holding
Funds holding: 273 → 295 (+22)
1.37% more ownership
Funds ownership: 94.31% → 95.68% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
22% less call options, than puts
Call options by funds: $13.9M | Put options by funds: $17.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$40.2M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$38.5M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$26.8M |
| 4 |
JP Morgan Chase
New York
|
+$24.2M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$30.5M |
| 2 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$20.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$12M |
| 4 |
Two Sigma Investments
New York
|
-$10.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.15M |
BL Hedge Fund Activity: Q3 2020 in Review
295 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2020, worth a combined $4.88B — up 11% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BL positions and 28 closed out — a net gain of 23 holders — while 129 added to existing stakes and 83 trimmed.
The largest buyer was Ameriprise, adding an estimated $40.2M. The largest seller was D.E. Shaw & Co, cutting an estimated $30.5M.
- 295 institutional investors held BlackLine (BL) as of Q3 2020, up from 273 in Q2 2020.
- Funds reported $4.88B of BlackLine stock for Q3 2020, up 11% quarter-over-quarter.
- 51 funds opened new BlackLine positions in Q3 2020 and 28 closed out, a net change of +23 holders.
- The largest BlackLine buyer in Q3 2020 was Ameriprise, an estimated $40.2M added.
- The largest BlackLine seller in Q3 2020 was D.E. Shaw & Co, an estimated $30.5M sold.
Based on aggregated 13F filings for Q3 2020.