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BlackLine

89 hedge funds and large institutions have $1.43B invested in BlackLine in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 20 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more call options, than puts

Call options by funds: $4.03M | Put options by funds: $1.26M

105% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 20

0.56% more ownership

Funds ownership: 79.37%79.93% (+0.56%)

0% more funds holding

Funds holding: 8989 (0)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

2% less capital invested

Capital invested by funds: $1.46B → $1.43B (-$26.2M)

Holders
89
Holders Change
Holders Change %
0%
% of All Funds
2.22%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
20
Increased
41
Reduced
20
Closed
20
Calls
$4.03M
Puts
$1.26M
Net Calls
+$2.77M
Net Calls Change
+$1.42M
Name Holding Trade Value Shares
Change
Change in
Stake
SLG
1
Silver Lake Group
California
$518M
IC
2
Iconiq Capital
California
$279M -$70.5M -2,085,944 -20%
DDC
3
DF Dent & Co
Maryland
$77.5M +$13.5M +399,130 +21%
DIG
4
Dragoneer Investment Group
California
$48.5M +$9.86M +291,694 +26%
Vanguard Group
5
Vanguard Group
Pennsylvania
$42.8M +$1.53M +45,132 +4%
CWAM
6
Columbia Wanger Asset Management
Illinois
$37M +$258K +7,644 +0.7%
BlackRock
7
BlackRock
New York
$32.9M +$7.21M +213,087 +28%
AllianceBernstein
8
AllianceBernstein
Tennessee
$29.3M -$376K -11,129 -1%
Wells Fargo
9
Wells Fargo
California
$29.3M +$11.1M +328,004 +62%
William Blair & Company
10
William Blair & Company
Illinois
$26.5M +$21.8M +643,709 +479%
TCM
11
TimesSquare Capital Management
New York
$26.5M -$5.89M -174,200 -18%
WRCM
12
Whale Rock Capital Management
Massachusetts
$23.7M +$23.5M +694,270 New
CCA
13
Conestoga Capital Advisors
Pennsylvania
$21.7M +$21.5M +637,175 New
CLM
14
ClearBridge LLC (Maryland)
Maryland
$20.5M +$20.3M +599,520 New
Franklin Resources
15
Franklin Resources
California
$18.6M +$10.7M +316,000 +138%
SRFM
16
Shannon River Fund Management
New York
$17.8M -$14M -412,897 -44%
Lord, Abbett & Co
17
Lord, Abbett & Co
New Jersey
$15.2M -$7.01M -207,434 -32%
O
18
OppenheimerFunds
New York
$14.5M +$1.48M +43,778 +11%
Capital World Investors
19
Capital World Investors
California
$11.9M
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$11.7M +$3.86M +114,265 +50%
Brown Advisory
21
Brown Advisory
Maryland
$11.5M +$9.46M +279,798 +494%
Artisan Partners
22
Artisan Partners
Wisconsin
$11.3M +$11.2M +331,662 New
LSCM
23
Light Street Capital Management
California
$10.9M -$19.6M -580,000 -64%
State Street
24
State Street
Massachusetts
$7.61M +$1.46M +43,266 +24%
TCIM
25
TIAA CREF Investment Management
New York
$7.01M +$5.96M +176,383 +605%

BL Hedge Fund Activity: Q3 2017 in Review

89 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2017, worth a combined $1.43B — down 1.8% from $1.46B a quarter earlier.

Fund positioning in BL was balanced in Q3 2017: 20 funds opened new positions, 20 closed out, 41 added to existing stakes and 20 trimmed.

The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $23.5M. The largest seller was Iconiq Capital, cutting an estimated $70.5M.

  • 89 institutional investors held BlackLine (BL) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $1.43B of BlackLine stock for Q3 2017, down 1.8% quarter-over-quarter.
  • 20 funds opened new BlackLine positions in Q3 2017 and 20 closed out, a net change of 0 holders.
  • The largest BlackLine buyer in Q3 2017 was Whale Rock Capital Management, an estimated $23.5M added.
  • The largest BlackLine seller in Q3 2017 was Iconiq Capital, an estimated $70.5M sold.

Based on aggregated 13F filings for Q3 2017.