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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
CM
101
Caption Management
Oklahoma
$2.03M +$2.1M +37,800 New
ESCM
102
Echo Street Capital Management
New York
$2.03M -$69.6M -1,254,522 -97%
Los Angeles Capital Management
103
Los Angeles Capital Management
California
$1.93M +$875K +15,764 +78%
Squarepoint
104
Squarepoint
New York
$1.91M -$1.53M -27,475 -44%
BCI
105
Brinker Capital Investments
Pennsylvania
$1.9M -$234K -4,221 -11%
OPS
106
Orion Portfolio Solutions
Nebraska
$1.9M -$234K -4,221 -11%
Voloridge Investment Management
107
Voloridge Investment Management
Florida
$1.87M +$1.93M +34,835 New
KIC
108
Kensington Investment Counsel
California
$1.87M -$100K -1,810 -5%
PNC Financial Services Group
109
PNC Financial Services Group
Pennsylvania
$1.82M -$227K -4,096 -11%
ECM
110
ExodusPoint Capital Management
New York
$1.82M +$270K +4,861 +17%
RG
111
Renaissance Group
Kentucky
$1.81M +$1.86M +33,524 New
MOACM
112
Mutual of America Capital Management
New York
$1.76M -$139K -2,498 -7%
KA
113
Kerrisdale Advisers
Florida
$1.72M +$452K +8,140 +34%
US Bancorp
114
US Bancorp
Minnesota
$1.69M -$633K -11,405 -27%
CCIA
115
Campbell & Co Investment Adviser
Maryland
$1.65M +$1.02M +18,314 +147%
LPL Financial
116
LPL Financial
California
$1.61M +$791K +14,258 +91%
MIM
117
MetLife Investment Management
New Jersey
$1.58M +$27.3K +492 +2%
CC
118
Cipher Capital
New York
$1.49M +$1.54M +27,680 New
Natixis Advisors
119
Natixis Advisors
Massachusetts
$1.48M +$54.7K +986 +4%
AIG
120
American International Group
New York
$1.46M +$27K +487 +2%
Amundi
121
Amundi
France
$1.45M +$879K +15,842 +142%
AQR Capital Management
122
AQR Capital Management
Connecticut
$1.45M +$1.49M +26,858 New
Deutsche Bank
123
Deutsche Bank
Germany
$1.42M -$745K -13,416 -34%
Osaic Holdings
124
Osaic Holdings
Arizona
$1.4M -$125K -2,245 -8%
Janus Henderson Group
125
Janus Henderson Group
United Kingdom
$1.38M -$3.55K -64 -0.2%

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.