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BlackLine

315 hedge funds and large institutions have $3.66B invested in BlackLine in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 94 increasing their positions, 120 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 29

46% more call options, than puts

Call options by funds: $24.3M | Put options by funds: $16.6M

13% more capital invested

Capital invested by funds: $3.23B → $3.66B (+$434M)

6% more funds holding

Funds holding: 297315 (+18)

0.29% more ownership

Funds ownership: 95.46%95.75% (+0.29%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

22% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 120

Holders
315
Holders Change
+18
Holders Change %
+6.06%
% of All Funds
4.59%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
51
Increased
94
Reduced
120
Closed
29
Calls
$24.3M
Puts
$16.6M
Net Calls
+$7.65M
Net Calls Change
-$23.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
76
Jane Street
New York
$4.85M +$475K +8,395 +12%
Stifel Financial
77
Stifel Financial
Missouri
$4.83M -$226K -3,989 -5%
HIM
78
Hillsdale Investment Management
Ontario, Canada
$4.69M +$4.25M +75,140 New
CS
79
Credit Suisse
Switzerland
$4.54M -$8.89M -157,308 -68%
RJA
80
Raymond James & Associates
Florida
$4.23M -$172K -3,041 -4%
UBS AM
81
UBS AM
Illinois
$4.21M +$43.8K +775 +1%
AllianceBernstein
82
AllianceBernstein
Tennessee
$3.91M -$24.9K -440 -0.7%
Holocene Advisors
83
Holocene Advisors
New York
$3.8M -$562K -9,937 -14%
BNP Paribas Financial Markets
84
BNP Paribas Financial Markets
France
$3.79M -$241K -4,256 -7%
PI
85
PEAK6 Investments
Illinois
$3.71M +$2.87M +50,733 +580%
Los Angeles Capital Management
86
Los Angeles Capital Management
California
$3.65M +$1.02M +18,014 +45%
California State Teachers Retirement System (CalSTRS)
87
California State Teachers Retirement System (CalSTRS)
California
$3.47M -$134K -2,379 -4%
Legal & General Group
88
Legal & General Group
United Kingdom
$3.45M +$233K +4,119 +8%
CSS
89
Cubist Systematic Strategies
Connecticut
$3.43M +$2.95M +52,237 +1,896%
RAM
90
Redmond Asset Management
Virginia
$3.38M +$49.8K +881 +2%
BAM
91
Bullseye Asset Management
Colorado
$3.19M
TC
92
TownSquare Capital
Utah
$3.1M -$120K -2,130 -4%
Fiera Capital (Canada)
93
Fiera Capital (Canada)
Quebec, Canada
$2.9M -$181K -3,204 -6%
Simplex Trading
94
Simplex Trading
Illinois
$2.77M +$547K +9,680 +28%
TI
95
Trexquant Investment
Connecticut
$2.76M +$2.5M +44,143 New
ACM
96
Advisors Capital Management
New Jersey
$2.75M -$21.9K -387 -0.9%
RCW
97
Rheos Capital Works
Japan
$2.73M
State of New Jersey Common Pension Fund D
98
State of New Jersey Common Pension Fund D
New Jersey
$2.62M
Daiwa Securities Group
99
Daiwa Securities Group
Japan
$2.36M -$220K -3,900 -9%
RG
100
Renaissance Group
Kentucky
$2.32M +$115K +2,041 +6%

BL Hedge Fund Activity: Q4 2023 in Review

315 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2023, worth a combined $3.66B — up 13% from $3.23B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new BL positions and 29 closed out — a net gain of 22 holders — while 94 added to existing stakes and 120 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $121M. The largest seller was Artisan Partners, exiting entirely with an estimated $49.6M sold.

  • 315 institutional investors held BlackLine (BL) as of Q4 2023, up from 297 in Q3 2023.
  • Funds reported $3.66B of BlackLine stock for Q4 2023, up 13% quarter-over-quarter.
  • 51 funds opened new BlackLine positions in Q4 2023 and 29 closed out, a net change of +22 holders.
  • The largest BlackLine buyer in Q4 2023 was Morgan Stanley, an estimated $121M added.
  • The largest BlackLine seller in Q4 2023 was Artisan Partners, an estimated $49.6M sold.

Based on aggregated 13F filings for Q4 2023.