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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
DIM
201
DC Investments Management
Virginia
$225K +$201K +4,087 New
SM
202
Sciencast Management
New Jersey
$222K +$198K +4,020 New
X
203
Xponance
Pennsylvania
$209K +$187K +3,792 New
CGH
204
Crossmark Global Holdings
Texas
$207K -$324K -6,584 -64%
Mackenzie Financial
205
Mackenzie Financial
Ontario, Canada
$205K +$183K +3,711 New
IWA
206
Icon Wealth Advisors
Texas
$156K -$59.6K -1,211 -30%
Fifth Third Bancorp
207
Fifth Third Bancorp
Ohio
$142K +$13K +264 +11%
PFBT
208
Parkside Financial Bank & Trust
Missouri
$138K +$6.89K +140 +6%
CIBC Private Wealth Group
209
CIBC Private Wealth Group
Georgia
$131K -$6.79K -138 -6%
TRCT
210
Tower Research Capital (TRC)
New York
$112K -$383K -7,776 -79%
Acadian Asset Management
211
Acadian Asset Management
Massachusetts
$111K +$99.8K +2,028 New
FIA
212
FNY Investment Advisers
New York
$96K -$39.4K -800 -31%
SOW
213
State of Wyoming
Wyoming
$92.9K +$7.53K +153 +10%
Pacer Advisors
214
Pacer Advisors
Pennsylvania
$90.3K +$34.7K +705 +76%
KBC Group
215
KBC Group
Belgium
$83K
Osaic Holdings
216
Osaic Holdings
Arizona
$81.6K -$91.2K -1,852 -56%
1IA
217
1620 Investment Advisors
Massachusetts
$77.6K +$4.78K +97 +7%
C
218
Covestor
United Kingdom
$77K +$16.6K +337 +32%
BC
219
Broadwater Capital
Massachusetts
$71.7K
Bessemer Group
220
Bessemer Group
New Jersey
$71K -$5.56K -113 -8%
SAM
221
Shell Asset Management
Netherlands
$69K +$61.3K +1,246 New
SO
222
STRS Ohio
Ohio
$60.7K
Asset Management One
223
Asset Management One
Japan
$58.3K -$3.2K -65 -6%
VFA
224
Virtus Fund Advisers
Connecticut
$54K -$16.9K -344 -26%
SAM
225
Smartleaf Asset Management
Massachusetts
$53.4K +$345 +7 +0.7%

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.