BlackLine
241 hedge funds and large institutions have $2.73B invested in BlackLine in 2020 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 88 increasing their positions, 79 reducing their positions, and 31 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
11% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 79
6% more funds holding
Funds holding: 228 → 241 (+13)
1% more capital invested
Capital invested by funds: $2.71B → $2.73B (+$14.2M)
2.57% less ownership
Funds ownership: 94.44% → 91.87% (-2.6%)
30% less call options, than puts
Call options by funds: $5.45M | Put options by funds: $7.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$32.6M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$26.9M |
| 3 |
JP Morgan Chase
New York
|
+$25.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$18.8M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.2M |
| 2 |
Janus Henderson Group
London,
|
-$48M |
| 3 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$29.3M |
| 4 |
Millennium Management
New York
|
-$26.3M |
| 5 |
IC
Iconiq Capital
San Francisco,
California
|
-$22.3M |
BL Hedge Fund Activity: Q1 2020 in Review
241 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q1 2020, worth a combined $2.73B — up 0.52% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BL positions and 31 closed out — a net gain of 16 holders — while 88 added to existing stakes and 79 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $32.6M. The largest seller was Fidelity Investments, cutting an estimated $63.2M.
- 241 institutional investors held BlackLine (BL) as of Q1 2020, up from 228 in Q4 2019.
- Funds reported $2.73B of BlackLine stock for Q1 2020, up 0.52% quarter-over-quarter.
- 47 funds opened new BlackLine positions in Q1 2020 and 31 closed out, a net change of +16 holders.
- The largest BlackLine buyer in Q1 2020 was AllianceBernstein, an estimated $32.6M added.
- The largest BlackLine seller in Q1 2020 was Fidelity Investments, an estimated $63.2M sold.
Based on aggregated 13F filings for Q1 2020.