BlackLine
156 hedge funds and large institutions have $1.68B invested in BlackLine in 2018 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 61 increasing their positions, 25 reducing their positions, and 22 closing their positions.
155% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 22
144% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 25
37% more call options, than puts
Call options by funds: $4.59M | Put options by funds: $3.35M
27% more funds holding
Funds holding: 123 → 156 (+33)
21% more capital invested
Capital invested by funds: $1.39B → $1.68B (+$287M)
0.42% more ownership
Funds ownership: 80.01% → 80.43% (+0.42%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$36.5M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$32.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$30.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.3M |
| 5 |
Alkeon Capital Management
New York
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$185M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$74.7M |
| 3 |
JP Morgan Chase
New York
|
-$69M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$23.1M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$15.3M |
BL Hedge Fund Activity: Q1 2018 in Review
156 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q1 2018, worth a combined $1.68B — up 21% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BL positions and 22 closed out — a net gain of 34 holders — while 61 added to existing stakes and 25 trimmed.
The largest buyer was Ameriprise, adding an estimated $36.5M. The largest seller was Silver Lake Group, cutting an estimated $185M.
- 156 institutional investors held BlackLine (BL) as of Q1 2018, up from 123 in Q4 2017.
- Funds reported $1.68B of BlackLine stock for Q1 2018, up 21% quarter-over-quarter.
- 56 funds opened new BlackLine positions in Q1 2018 and 22 closed out, a net change of +34 holders.
- The largest BlackLine buyer in Q1 2018 was Ameriprise, an estimated $36.5M added.
- The largest BlackLine seller in Q1 2018 was Silver Lake Group, an estimated $185M sold.
Based on aggregated 13F filings for Q1 2018.