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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
GT
151
Glenmede Trust
Pennsylvania
$732K
DTL
152
Dynamic Technology Lab
Singapore
$724K +$747K +13,455 New
BB
153
Bell Bank
North Dakota
$684K -$33.4K -602 -5%
RJT
154
Raymond James Trust
Florida
$661K +$38.9K +700 +6%
WAM
155
Wakefield Asset Management
Colorado
$642K +$2.89K +52 +0.4%
VIM
156
Vancity Investment Management
British Columbia, Canada
$635K
Zurich Cantonal Bank
157
Zurich Cantonal Bank
Switzerland
$630K +$73.6K +1,325 +13%
Asset Management One
158
Asset Management One
Japan
$627K +$436K +7,846 +206%
SG Americas Securities
159
SG Americas Securities
New York
$617K -$32.3K -582 -5%
Franklin Resources
160
Franklin Resources
California
$617K +$627K +11,296 +7,060%
VAS
161
Vestmark Advisory Solutions
Massachusetts
$616K -$25.8K -464 -4%
DA
162
Duality Advisers
Florida
$607K +$626K +11,279 New
WP
163
Woodline Partners
California
$606K +$625K +11,259 New
CC
164
Clearline Capital
New York
$570K +$588K +10,600 New
HBT
165
Hills Bank & Trust
Iowa
$569K -$11.1K -200 -2%
CAPTRUST Financial Advisors
166
CAPTRUST Financial Advisors
North Carolina
$560K +$23.1K +417 +4%
SWP
167
Stratos Wealth Partners
Ohio
$559K +$14.4K +259 +3%
Rockefeller Capital Management
168
Rockefeller Capital Management
New York
$546K +$240K +4,328 +74%
MML Investors Services
169
MML Investors Services
Massachusetts
$532K -$78.7K -1,417 -13%
Teacher Retirement System of Texas
170
Teacher Retirement System of Texas
Texas
$517K +$75.8K +1,366 +17%
Handelsbanken Fonder
171
Handelsbanken Fonder
Sweden
$511K
HighTower Advisors
172
HighTower Advisors
Illinois
$510K +$24.9K +448 +5%
ACM
173
Aquatic Capital Management
Illinois
$506K -$117K -2,100 -18%
Simplex Trading
174
Simplex Trading
Illinois
$499K +$515K +9,282 New
EW
175
Evoke Wealth
California
$477K

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.