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BlackLine

292 hedge funds and large institutions have $3.12B invested in BlackLine in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 109 increasing their positions, 95 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more call options, than puts

Call options by funds: $47.5M | Put options by funds: $17.8M

15% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 95

4.23% less ownership

Funds ownership: 100.18%95.95% (-4.2%)

6% less funds holding

Funds holding: 312292 (-20)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

23% less capital invested

Capital invested by funds: $4.04B → $3.12B (-$919M)

33% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 61

Holders
292
Holders Change
-20
Holders Change %
-6.41%
% of All Funds
4.58%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
41
Increased
109
Reduced
95
Closed
61
Calls
$47.5M
Puts
$17.8M
Net Calls
+$29.7M
Net Calls Change
-$19.5M
Name Holding Trade Value Shares
Change
Change in
Stake
HNB
51
Huntington National Bank
Ohio
$7.66M +$111 +2 +0%
SBH
52
Segall Bryant & Hamill
Illinois
$7.43M -$2.46M -44,258 -24%
BNP Paribas Financial Markets
53
BNP Paribas Financial Markets
France
$7.41M -$1.94M -34,929 -20%
CSS
54
Cubist Systematic Strategies
Connecticut
$6.84M +$4.91M +88,531 +229%
Qube Research & Technologies (QRT)
55
Qube Research & Technologies (QRT)
United Kingdom
$6.57M +$4.9M +88,295 +262%
Polen Capital Management
56
Polen Capital Management
Florida
$6.33M -$254K -4,580 -4%
ILCM
57
Ivy Lane Capital Management
Florida
$6.3M -$3.28M -59,000 -34%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
58
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$6.09M +$6.28M +113,100 New
NC
59
Nicholas Company
Wisconsin
$6.06M +$278 +5 +0%
Swiss National Bank
60
Swiss National Bank
Switzerland
$6.01M -$605K -10,900 -9%
GA
61
Gagnon Advisors
New York
$5.89M
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$5.76M -$337K -6,067 -5%
JF
63
Jump Financial
Illinois
$5.71M +$5.89M +106,141 New
OAM
64
Oppenheimer Asset Management
New York
$5.51M -$128K -2,300 -2%
RJA
65
Raymond James & Associates
Florida
$5.28M +$246K +4,425 +5%
Robeco Institutional Asset Management
66
Robeco Institutional Asset Management
Netherlands
$5.11M
PC
67
Pier Capital
Connecticut
$4.88M +$2.09M +37,672 +71%
Stifel Financial
68
Stifel Financial
Missouri
$4.75M +$64.2K +1,157 +1%
UBS AM
69
UBS AM
Illinois
$4.47M
FGIM
70
First Growth Investment Manager
California
$4.33M +$111K +2,000 +3%
BCIM
71
British Columbia Investment Management
British Columbia, Canada
$4.31M -$4.77M -86,000 -52%
RhumbLine Advisers
72
RhumbLine Advisers
Massachusetts
$4.22M -$16.2K -291 -0.4%
Canada Life
73
Canada Life
Manitoba, Canada
$3.82M -$597K -10,746 -13%
Russell Investments Group
74
Russell Investments Group
United Kingdom
$3.53M -$929K -16,735 -20%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$3.44M -$362K -6,526 -9%

BL Hedge Fund Activity: Q2 2023 in Review

292 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2023, worth a combined $3.12B — down 23% from $4.04B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of BL and 41 opened new positions — a net loss of 20 holders — while 95 trimmed existing stakes and 109 added.

The largest buyer was Fidelity Investments, adding an estimated $80.2M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $106M sold.

  • 292 institutional investors held BlackLine (BL) as of Q2 2023, down from 312 in Q1 2023.
  • Funds reported $3.12B of BlackLine stock for Q2 2023, down 23% quarter-over-quarter.
  • 41 funds opened new BlackLine positions in Q2 2023 and 61 closed out, a net change of -20 holders.
  • The largest BlackLine buyer in Q2 2023 was Fidelity Investments, an estimated $80.2M added.
  • The largest BlackLine seller in Q2 2023 was Champlain Investment Partners, an estimated $106M sold.

Based on aggregated 13F filings for Q2 2023.