BlackLine
274 hedge funds and large institutions have $4.41B invested in BlackLine in 2020 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 106 increasing their positions, 82 reducing their positions, and 25 closing their positions.
140% more first-time investments, than exits
New positions opened: 60 | 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: 7 → 10 (+3)
29% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 82
14% more funds holding
Funds holding: 241 → 274 (+33)
2.44% more ownership
Funds ownership: 91.87% → 94.31% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$29.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$28.1M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$24.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.7M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$36.4M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$34.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$20.4M |
| 5 |
D.E. Shaw & Co
New York
|
-$19.6M |
BL Hedge Fund Activity: Q2 2020 in Review
274 of the 4,888 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: 60 funds opened new BL positions and 25 closed out — a net gain of 35 holders — while 106 added to existing stakes and 82 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.
- 274 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.
- 60 funds opened new BlackLine positions in Q2 2020 and 25 closed out, a net change of +35 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.