BlackLine
364 hedge funds and large institutions have $6.24B invested in BlackLine in 2021 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 133 increasing their positions, 111 reducing their positions, and 34 closing their positions.
97% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 34
20% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 111
16% more call options, than puts
Call options by funds: $12.6M | Put options by funds: $10.8M
9% more funds holding
Funds holding: 335 → 364 (+29)
4% more ownership
Funds ownership: 99.04% → 103.04% (+4%)
8% less capital invested
Capital invested by funds: $6.81B → $6.24B (-$571M)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
+$242M |
| 2 |
Morgan Stanley
New York
|
+$39.8M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$27.8M |
| 4 |
SG Americas Securities
New York
|
+$25.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
-$49.3M |
| 2 |
CAM
Contour Asset Management
New York
|
-$35.8M |
| 3 |
HSC
Harbor Spring Capital
New York
|
-$35.5M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$22M |
| 5 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$14.3M |
BL Hedge Fund Activity: Q4 2021 in Review
364 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2021, worth a combined $6.24B — down 8.4% from $6.81B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BL positions and 34 closed out — a net gain of 33 holders — while 133 added to existing stakes and 111 trimmed.
The largest buyer was Iconiq Capital, opening a new position worth an estimated $242M. The largest seller was Clearlake Capital Group, exiting entirely with an estimated $49.3M sold.
- 364 institutional investors held BlackLine (BL) as of Q4 2021, up from 335 in Q3 2021.
- Funds reported $6.24B of BlackLine stock for Q4 2021, down 8.4% quarter-over-quarter.
- 67 funds opened new BlackLine positions in Q4 2021 and 34 closed out, a net change of +33 holders.
- The largest BlackLine buyer in Q4 2021 was Iconiq Capital, an estimated $242M added.
- The largest BlackLine seller in Q4 2021 was Clearlake Capital Group, an estimated $49.3M sold.
Based on aggregated 13F filings for Q4 2021.