BlackLine
166 hedge funds and large institutions have $1.93B invested in BlackLine in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 86 increasing their positions, 40 reducing their positions, and 39 closing their positions.
115% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 40
27% more capital inflows, than outflows
Capital inflows: $304M | Capital outflows: $238M
2.82% more ownership
Funds ownership: 83.44% → 86.26% (+2.8%)
3% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $1.16M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
8% less funds holding
Funds holding: 181 → 166 (-15)
36% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$62.4M |
| 2 |
Champlain Investment Partners
Burlington,
Vermont
|
+$53.6M |
| 3 |
Riverbridge Partners
Minneapolis,
Minnesota
|
+$33.4M |
| 4 |
Janus Henderson Group
London,
|
+$15.5M |
| 5 |
DF Dent & Co
Baltimore,
Maryland
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OppenheimerFunds
New York
|
-$27.4M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$26.2M |
| 3 |
Granite Investment Partners
El Segundo,
California
|
-$19.6M |
| 4 |
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$15.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.2M |
BL Hedge Fund Activity: Q4 2018 in Review
166 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2018, worth a combined $1.93B — down 24% from $2.54B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BL and 25 opened new positions — a net loss of 14 holders — while 40 trimmed existing stakes and 86 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, opening a new position worth an estimated $62.4M. The largest seller was OppenheimerFunds, cutting an estimated $27.4M.
- 166 institutional investors held BlackLine (BL) as of Q4 2018, down from 181 in Q3 2018.
- Funds reported $1.93B of BlackLine stock for Q4 2018, down 24% quarter-over-quarter.
- 25 funds opened new BlackLine positions in Q4 2018 and 39 closed out, a net change of -14 holders.
- The largest BlackLine buyer in Q4 2018 was Kayne Anderson Rudnick Investment Management, an estimated $62.4M added.
- The largest BlackLine seller in Q4 2018 was OppenheimerFunds, an estimated $27.4M sold.
Based on aggregated 13F filings for Q4 2018.