BlackLine
89 hedge funds and large institutions have $1.46B invested in BlackLine in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 36 increasing their positions, 16 reducing their positions, and 7 closing their positions.
45,167% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $3K
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
125% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 16
35% more funds holding
Funds holding: 66 → 89 (+23)
26% more capital invested
Capital invested by funds: $1.16B → $1.46B (+$300M)
3.52% more ownership
Funds ownership: 75.85% → 79.37% (+3.5%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$44.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$28.9M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
+$17.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.5M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$133M |
| 2 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$11.6M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$5.31M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$3.45M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.84M |
BL Hedge Fund Activity: Q2 2017 in Review
89 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2017, worth a combined $1.46B — up 26% from $1.16B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BL positions and 7 closed out — a net gain of 23 holders — while 36 added to existing stakes and 16 trimmed.
The largest buyer was DF Dent & Co, adding an estimated $44.8M. The largest seller was Silver Lake Group, cutting an estimated $133M.
- 89 institutional investors held BlackLine (BL) as of Q2 2017, up from 66 in Q1 2017.
- Funds reported $1.46B of BlackLine stock for Q2 2017, up 26% quarter-over-quarter.
- 30 funds opened new BlackLine positions in Q2 2017 and 7 closed out, a net change of +23 holders.
- The largest BlackLine buyer in Q2 2017 was DF Dent & Co, an estimated $44.8M added.
- The largest BlackLine seller in Q2 2017 was Silver Lake Group, an estimated $133M sold.
Based on aggregated 13F filings for Q2 2017.