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BlackLine

273 hedge funds and large institutions have $4.41B invested in BlackLine in 2020 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 106 increasing their positions, 83 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 25

135% more call options, than puts

Call options by funds: $12.6M | Put options by funds: $5.35M

62% more capital invested

Capital invested by funds: $2.73B → $4.41B (+$1.68B)

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

28% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 83

13% more funds holding

Funds holding: 241273 (+32)

1.92% more ownership

Funds ownership: 92.39%94.31% (+1.9%)

Holders
273
Holders Change
+32
Holders Change %
+13.28%
% of All Funds
5.6%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.21%
New
59
Increased
106
Reduced
83
Closed
25
Calls
$12.6M
Puts
$5.35M
Net Calls
+$7.21M
Net Calls Change
+$9.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$375M +$20.7M +310,114 +7%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$331M -$238K -3,559 -0.1%
BlackRock
3
BlackRock
New York
$293M +$29.3M +438,627 +14%
DDC
4
DF Dent & Co
Maryland
$208M -$34.4M -514,872 -17%
Artisan Partners
5
Artisan Partners
Wisconsin
$190M +$18.2M +272,314 +13%
RP
6
Riverbridge Partners
Minnesota
$157M +$431K +6,452 +0.3%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$126M -$19.6M -293,777 -16%
FAM
8
Fred Alger Management
New York
$117M -$18.3M -274,428 -16%
CCA
9
Conestoga Capital Advisors
Pennsylvania
$110M -$15M -224,735 -15%
Ameriprise
10
Ameriprise
Minnesota
$108M -$2.77M -41,512 -3%
GCM
11
Geneva Capital Management
Wisconsin
$102M +$3.69M +55,293 +5%
Invesco
12
Invesco
Georgia
$94.2M +$8.96M +134,216 +13%
AllianceBernstein
13
AllianceBernstein
Tennessee
$86.4M +$28.1M +420,880 +68%
State Street
14
State Street
Massachusetts
$85.4M +$7.66M +114,741 +13%
Brown Advisory
15
Brown Advisory
Maryland
$82M +$3.15M +47,165 +5%
Baillie Gifford & Co
16
Baillie Gifford & Co
United Kingdom
$65.7M +$6.6M +98,889 +14%
Northern Trust
17
Northern Trust
Illinois
$64.1M +$8.13M +121,706 +19%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$61.5M +$4.01M +60,115 +9%
Bank of America
19
Bank of America
North Carolina
$57.4M -$1.35M -20,224 -3%
Morgan Stanley
20
Morgan Stanley
New York
$57.3M -$3.41M -51,057 -7%
CIP
21
Champlain Investment Partners
Vermont
$55.8M -$12.9M -193,345 -22%
JP Morgan Chase
22
JP Morgan Chase
New York
$55.8M +$14.2M +212,441 +46%
Fiera Capital (Canada)
23
Fiera Capital (Canada)
Quebec, Canada
$54.7M -$4.76M -71,324 -10%
CC
24
Chicago Capital
Illinois
$50.9M -$20.9K -313 -0.1%
BIM
25
Barton Investment Management
Pennsylvania
$50M +$679K +10,167 +2%

BL Hedge Fund Activity: Q2 2020 in Review

273 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2020, worth a combined $4.41B — up 62% from $2.73B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new BL positions and 25 closed out — a net gain of 34 holders — while 106 added to existing stakes and 83 trimmed.

The largest buyer was BlackRock, adding an estimated $29.3M. The largest seller was Iconiq Capital, exiting entirely with an estimated $36.4M sold.

  • 273 institutional investors held BlackLine (BL) as of Q2 2020, up from 241 in Q1 2020.
  • Funds reported $4.41B of BlackLine stock for Q2 2020, up 62% quarter-over-quarter.
  • 59 funds opened new BlackLine positions in Q2 2020 and 25 closed out, a net change of +34 holders.
  • The largest BlackLine buyer in Q2 2020 was BlackRock, an estimated $29.3M added.
  • The largest BlackLine seller in Q2 2020 was Iconiq Capital, an estimated $36.4M sold.

Based on aggregated 13F filings for Q2 2020.