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BlackLine

353 hedge funds and large institutions have $5.96B invested in BlackLine in 2021 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 120 increasing their positions, 130 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 53

0% more funds holding

Funds holding: 352353 (+1)

0.48% less ownership

Funds ownership: 95.71%95.22% (-0.48%)

8% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 130

18% less capital invested

Capital invested by funds: $7.3B → $5.96B (-$1.34B)

33% less funds holding in top 10

Funds holding in top 10: 1812 (-6)

68% less call options, than puts

Call options by funds: $19.5M | Put options by funds: $60.8M

Holders
353
Holders Change
+1
Holders Change %
+0.28%
% of All Funds
6.2%
Holding in Top 10
12
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-33.33%
% of All Funds
0.21%
New
60
Increased
120
Reduced
130
Closed
53
Calls
$19.5M
Puts
$60.8M
Net Calls
-$41.3M
Net Calls Change
-$38.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Polen Capital Management
76
Polen Capital Management
Florida
$11.3M +$2.57M +20,607 +25%
BCIM
77
British Columbia Investment Management
British Columbia, Canada
$10.7M -$2.15M -17,200 -15%
GPC
78
Greenstone Partners & Co
California
$10.4M
FCM
79
Frontier Capital Management
Massachusetts
$10.2M -$5.58M -44,745 -32%
PPA
80
Parametric Portfolio Associates
Washington
$9.53M -$2.27M -18,216 -17%
CIC
81
Carnegie Investment Counsel
Ohio
$9.49M +$541K +4,340 +5%
RJA
82
Raymond James & Associates
Florida
$9.1M +$1.09M +8,770 +12%
California State Teachers Retirement System (CalSTRS)
83
California State Teachers Retirement System (CalSTRS)
California
$8.92M -$22.8K -183 -0.2%
WCM Investment Management
84
WCM Investment Management
California
$8.29M -$2.79M -22,369 -23%
Citigroup
85
Citigroup
New York
$8.13M -$625K -5,013 -6%
IMPI
86
Ilmarinen Mutual Pension Insurance
Finland
$8.13M +$9.35M +75,000 New
Arrowstreet Capital
87
Arrowstreet Capital
Massachusetts
$7.8M +$2.02M +16,176 +29%
US Bancorp
88
US Bancorp
Minnesota
$6.94M -$137K -1,095 -2%
KCM
89
Kennedy Capital Management
Missouri
$6.89M +$35K +281 +0.4%
FGIM
90
First Growth Investment Manager
California
$6.83M -$62.4K -500 -0.8%
TC
91
TownSquare Capital
Utah
$6.67M -$167K -1,336 -2%
MAP
92
Moody Aldrich Partners
Massachusetts
$6.42M +$114K +914 +2%
AACP
93
Advantage Alpha Capital Partners
California
$6.36M -$48.5K -389 -0.7%
NC
94
Nicholas Company
Wisconsin
$6.2M -$263K -2,105 -4%
SBH
95
Segall Bryant & Hamill
Illinois
$6.19M -$2.42M -19,438 -25%
Russell Investments Group
96
Russell Investments Group
United Kingdom
$6.19M +$227K +1,819 +3%
AC
97
Aristeia Capital
Connecticut
$6.17M +$7.1M +56,910 New
UBS AM
98
UBS AM
Illinois
$6.15M +$144K +1,155 +2%
RhumbLine Advisers
99
RhumbLine Advisers
Massachusetts
$6.13M -$787K -6,311 -10%
Bank of Montreal
100
Bank of Montreal
Ontario, Canada
$5.97M -$2.11M -16,939 -24%

BL Hedge Fund Activity: Q1 2021 in Review

353 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q1 2021, worth a combined $5.96B — down 18% from $7.3B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new BL positions and 53 closed out — a net gain of 7 holders — while 120 added to existing stakes and 130 trimmed.

The largest buyer was Ameriprise, adding an estimated $70.1M. The largest seller was D.E. Shaw & Co, cutting an estimated $40.7M.

  • 353 institutional investors held BlackLine (BL) as of Q1 2021, up from 352 in Q4 2020.
  • Funds reported $5.96B of BlackLine stock for Q1 2021, down 18% quarter-over-quarter.
  • 60 funds opened new BlackLine positions in Q1 2021 and 53 closed out, a net change of +7 holders.
  • The largest BlackLine buyer in Q1 2021 was Ameriprise, an estimated $70.1M added.
  • The largest BlackLine seller in Q1 2021 was D.E. Shaw & Co, an estimated $40.7M sold.

Based on aggregated 13F filings for Q1 2021.