BlackLine
228 hedge funds and large institutions have $2.71B invested in BlackLine in 2019 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 107 increasing their positions, 52 reducing their positions, and 19 closing their positions.
191% more call options, than puts
Call options by funds: $11M | Put options by funds: $3.76M
116% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 19
106% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 52
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more capital invested
Capital invested by funds: $2.45B → $2.71B (+$260M)
6% more funds holding
Funds holding: 215 → 228 (+13)
1.8% more ownership
Funds ownership: 92.64% → 94.44% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$20.9M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$19M |
| 3 |
D.E. Shaw & Co
New York
|
+$12.3M |
| 4 |
TP
Toronado Partners
San Francisco,
California
|
+$8.83M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$64M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$38.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.8M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.77M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.27M |
BL Hedge Fund Activity: Q4 2019 in Review
228 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2019, worth a combined $2.71B — up 11% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new BL positions and 19 closed out — a net gain of 22 holders — while 107 added to existing stakes and 52 trimmed.
The largest buyer was Artisan Partners, adding an estimated $20.9M. The largest seller was Iconiq Capital, cutting an estimated $64M.
- 228 institutional investors held BlackLine (BL) as of Q4 2019, up from 215 in Q3 2019.
- Funds reported $2.71B of BlackLine stock for Q4 2019, up 11% quarter-over-quarter.
- 41 funds opened new BlackLine positions in Q4 2019 and 19 closed out, a net change of +22 holders.
- The largest BlackLine buyer in Q4 2019 was Artisan Partners, an estimated $20.9M added.
- The largest BlackLine seller in Q4 2019 was Iconiq Capital, an estimated $64M sold.
Based on aggregated 13F filings for Q4 2019.