BlackLine
123 hedge funds and large institutions have $1.39B invested in BlackLine in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 11 closing their positions.
309% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 11
119% more call options, than puts
Call options by funds: $7.81M | Put options by funds: $3.56M
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
38% more funds holding
Funds holding: 89 → 123 (+34)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.08% more ownership
Funds ownership: 79.93% → 80.01% (+0.08%)
3% less capital invested
Capital invested by funds: $1.43B → $1.39B (-$39.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$64.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.8M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$12M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$10.9M |
| 5 |
BlackRock
New York
|
+$9.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$92.8M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$50.7M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$18.2M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$17.8M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$10.9M |
BL Hedge Fund Activity: Q4 2017 in Review
123 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2017, worth a combined $1.39B — down 2.8% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BL positions and 11 closed out — a net gain of 34 holders — while 40 added to existing stakes and 27 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $64.9M. The largest seller was Silver Lake Group, cutting an estimated $92.8M.
- 123 institutional investors held BlackLine (BL) as of Q4 2017, up from 89 in Q3 2017.
- Funds reported $1.39B of BlackLine stock for Q4 2017, down 2.8% quarter-over-quarter.
- 45 funds opened new BlackLine positions in Q4 2017 and 11 closed out, a net change of +34 holders.
- The largest BlackLine buyer in Q4 2017 was JP Morgan Chase, an estimated $64.9M added.
- The largest BlackLine seller in Q4 2017 was Silver Lake Group, an estimated $92.8M sold.
Based on aggregated 13F filings for Q4 2017.