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BlackLine

291 hedge funds and large institutions have $3.33B invested in BlackLine in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 90 increasing their positions, 111 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

396% more call options, than puts

Call options by funds: $152M | Put options by funds: $30.7M

10% more capital invested

Capital invested by funds: $3.04B → $3.33B (+$291M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

4.25% less ownership

Funds ownership: 101.43%97.18% (-4.2%)

7% less funds holding

Funds holding: 312291 (-21)

19% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 111

31% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 61

Holders
291
Holders Change
-21
Holders Change %
-6.73%
% of All Funds
4.18%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
42
Increased
90
Reduced
111
Closed
61
Calls
$152M
Puts
$30.7M
Net Calls
+$121M
Net Calls Change
-$19.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
101
SG Americas Securities
New York
$2.29M +$2.04M +41,466 New
State of New Jersey Common Pension Fund D
102
State of New Jersey Common Pension Fund D
New Jersey
$2.18M +$69.4K +1,409 +4%
AAP
103
Ardsley Advisory Partners
Connecticut
$2.15M +$1.5M +30,500 +359%
OAM
104
Oppenheimer Asset Management
New York
$2.09M -$2.38M -48,260 -56%
CM
105
Crestline Management
Texas
$2.01M -$1.51M -30,631 -46%
CC
106
Clearline Capital
New York
$1.91M -$6.09M -123,763 -78%
T. Rowe Price Associates
107
T. Rowe Price Associates
Maryland
$1.88M +$88.1K +1,790 +6%
Deutsche Bank
108
Deutsche Bank
Germany
$1.86M -$3.63M -73,733 -69%
MIM
109
MetLife Investment Management
New Jersey
$1.84M
CF
110
Corebridge Financial
Texas
$1.81M -$15.7K -319 -1%
Mirae Asset Global ETFs Holdings
111
Mirae Asset Global ETFs Holdings
Hong Kong
$1.74M +$113K +2,297 +8%
Los Angeles Capital Management
112
Los Angeles Capital Management
California
$1.69M
Manulife (Manufacturers Life Insurance)
113
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.66M -$83.5K -1,697 -5%
SOADOR
114
State of Alaska Department of Revenue
Alaska
$1.62M -$33.2K -675 -2%
CC
115
Chicago Capital
Illinois
$1.61M -$131K -2,655 -8%
Axa
116
Axa
France
$1.58M -$52.6K -1,069 -4%
WAM
117
Weiss Asset Management
Massachusetts
$1.51M +$1.34M +27,313 New
IMRF
118
Illinois Municipal Retirement Fund
Illinois
$1.49M -$85.9K -1,744 -6%
Victory Capital Management
119
Victory Capital Management
Texas
$1.42M +$483K +9,820 +62%
LSERS
120
Louisiana State Employees Retirement System
Louisiana
$1.37M -$44.3K -900 -3%
KIC
121
Kensington Investment Counsel
California
$1.37M -$99K -2,010 -8%
Canada Pension Plan Investment Board
122
Canada Pension Plan Investment Board
Ontario, Canada
$1.33M +$1.03M +20,900 +653%
State of Wisconsin Investment Board
123
State of Wisconsin Investment Board
Wisconsin
$1.32M +$39.4K +800 +3%
N
124
Numerai
California
$1.26M +$398K +8,077 +55%
State of Tennessee, Department of Treasury
125
State of Tennessee, Department of Treasury
Tennessee
$1.26M -$143K -2,899 -11%

BL Hedge Fund Activity: Q3 2024 in Review

291 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2024, worth a combined $3.33B — up 9.6% from $3.04B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of BL and 42 opened new positions — a net loss of 19 holders — while 111 trimmed existing stakes and 90 added.

The largest buyer was Engaged Capital, opening a new position worth an estimated $30M. The largest seller was Kayne Anderson Rudnick Investment Management, exiting entirely with an estimated $81.5M sold.

  • 291 institutional investors held BlackLine (BL) as of Q3 2024, down from 312 in Q2 2024.
  • Funds reported $3.33B of BlackLine stock for Q3 2024, up 9.6% quarter-over-quarter.
  • 42 funds opened new BlackLine positions in Q3 2024 and 61 closed out, a net change of -19 holders.
  • The largest BlackLine buyer in Q3 2024 was Engaged Capital, an estimated $30M added.
  • The largest BlackLine seller in Q3 2024 was Kayne Anderson Rudnick Investment Management, an estimated $81.5M sold.

Based on aggregated 13F filings for Q3 2024.