We are live on ! Find out more
BL icon

BlackLine
BL

312 hedge funds and large institutions have $3.04B invested in BlackLine in 2024 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 97 increasing their positions, 114 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

587% more call options, than puts

Call options by funds: $164M | Put options by funds: $23.9M

25% more funds holding in top 10

Funds holding in top 10: 4 → 5 (+1)

21% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 57

3% more funds holding

Funds holding: 303 → 312 (+9)

0.11% more ownership

Funds ownership: 101.32% → 101.43% (+0.11%)

15% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 114

24% less capital invested

Capital invested by funds: $4.02B → $3.04B (-$983M)

Holders
312
Holders Change
+9
Holders Change %
+2.97%
% of All Funds
4.51%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
69
Increased
97
Reduced
114
Closed
57
Calls
$164M
Puts
$23.9M
Net Calls
+$140M
Net Calls Change
+$20.2M

Top Buyers

1
HRCM
Hawk Ridge Capital Management
California
+$75.6M
2
JPM
JANA Partners Management
New York
+$63.4M
3
Fidelity Investments
Fidelity Investments
Massachusetts
+$37.7M
4
TCM
Tensile Capital Management
California
+$24.2M
5
Millennium Management
Millennium Management
New York
+$24.2M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$98.6M
2
RC
Rivulet Capital
New Jersey
-$44.5M
3
Brown Advisory
Brown Advisory
Maryland
-$43.7M
4
Invesco
Invesco
Georgia
-$31.2M
5
Bank of America
Bank of America
North Carolina
-$20.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
ECM
151
ExodusPoint Capital Management
New York
$855K +$969K +17,651 New
American Century Companies
152
American Century Companies
Missouri
$841K +$138K +2,520 +17%
CCIA
153
Campbell & Co Investment Adviser
Maryland
$836K +$455K +8,278 +92%
VIA
154
Virtus Investment Advisers
Connecticut
$824K -$375K -6,835 -29%
EP
155
Edgestream Partners
New Jersey
$811K -$1.37M -24,928 -60%
LPL Financial
156
LPL Financial
California
$804K -$605K -11,015 -40%
TPI
157
Trust Point Inc
Wisconsin
$798K -$73.1K -1,331 -7%
BCM
158
Bayesian Capital Management
New York
$797K +$903K +16,444 New
AB
159
Amalgamated Bank
New York
$769K -$20.4K -371 -2%
Victory Capital Management
160
Victory Capital Management
Texas
$768K -$21.6K -394 -2%
IMC Chicago
161
IMC Chicago
Illinois
$760K +$861K +15,683 New
AIM
162
Aigen Investment Management
New York
$752K +$853K +15,531 New
State Board of Administration of Florida Retirement System
163
State Board of Administration of Florida Retirement System
Florida
$731K -$157K -2,850 -16%
N
164
Numerai
California
$715K +$811K +14,759 New
GT
165
Glenmede Trust
Pennsylvania
$710K +$296K +5,395 +58%
ASRS
166
Arizona State Retirement System
Arizona
$709K +$17.8K +325 +2%
CAM
167
Cresset Asset Management
Illinois
$703K -$23.8K -433 -3%
AI
168
Atria Investments
North Carolina
$691K -$284K -5,171 -27%
GAM
169
Gotham Asset Management
New York
$652K +$496K +9,025 +203%
TI
170
Tidal Investments
Wisconsin
$645K +$732K +13,320 New
Wolverine Trading
171
Wolverine Trading
Illinois
$644K +$319K +5,808 +78%
WAM
172
Wakefield Asset Management
Colorado
$611K -$9.72K -177 -1%
Voloridge Investment Management
173
Voloridge Investment Management
Florida
$608K +$690K +12,559 New
OPERF
174
Oregon Public Employees Retirement Fund
Oregon
$604K -$65.9K -1,200 -9%
New York State Teachers Retirement System (NYSTRS)
175
New York State Teachers Retirement System (NYSTRS)
New York
$596K – – –
5 6
7
8 9

BL Hedge Fund Activity: Q2 2024 in Review

312 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2024, worth a combined $3.04B — down 24% from $4.02B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new BL positions and 57 closed out — a net gain of 12 holders — while 97 added to existing stakes and 114 trimmed.

The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $75.6M. The largest seller was Morgan Stanley, cutting an estimated $98.6M.

  • 312 institutional investors held BlackLine (BL) as of Q2 2024, up from 303 in Q1 2024.
  • Funds reported $3.04B of BlackLine stock for Q2 2024, down 24% quarter-over-quarter.
  • 69 funds opened new BlackLine positions in Q2 2024 and 57 closed out, a net change of +12 holders.
  • The largest BlackLine buyer in Q2 2024 was Hawk Ridge Capital Management, an estimated $75.6M added.
  • The largest BlackLine seller in Q2 2024 was Morgan Stanley, an estimated $98.6M sold.

Based on aggregated 13F filings for Q2 2024.