BlackLine
353 hedge funds and large institutions have $7.31B invested in BlackLine in 2020 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 123 increasing their positions, 104 reducing their positions, and 28 closing their positions.
214% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 28
80% more funds holding in top 10
Funds holding in top 10: 10 → 18 (+8)
50% more capital invested
Capital invested by funds: $4.88B → $7.31B (+$2.43B)
19% more funds holding
Funds holding: 296 → 353 (+57)
18% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 104
0.03% more ownership
Funds ownership: 95.68% → 95.71% (+0.03%)
15% less call options, than puts
Call options by funds: $17M | Put options by funds: $20.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSC
Harbor Spring Capital
New York
|
+$48.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.6M |
| 3 |
BlackRock
New York
|
+$22.3M |
| 4 |
JP Morgan Chase
New York
|
+$18.9M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$48.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$24.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$19.2M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$18.8M |
| 5 |
Morgan Stanley
New York
|
-$17.5M |
BL Hedge Fund Activity: Q4 2020 in Review
353 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2020, worth a combined $7.31B — up 50% from $4.88B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new BL positions and 28 closed out — a net gain of 60 holders — while 123 added to existing stakes and 104 trimmed.
The largest buyer was Harbor Spring Capital, opening a new position worth an estimated $48.7M. The largest seller was Ameriprise, cutting an estimated $48.3M.
- 353 institutional investors held BlackLine (BL) as of Q4 2020, up from 296 in Q3 2020.
- Funds reported $7.31B of BlackLine stock for Q4 2020, up 50% quarter-over-quarter.
- 88 funds opened new BlackLine positions in Q4 2020 and 28 closed out, a net change of +60 holders.
- The largest BlackLine buyer in Q4 2020 was Harbor Spring Capital, an estimated $48.7M added.
- The largest BlackLine seller in Q4 2020 was Ameriprise, an estimated $48.3M sold.
Based on aggregated 13F filings for Q4 2020.