BlackLine
338 hedge funds and large institutions have $6.35B invested in BlackLine in 2021 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 133 increasing their positions, 105 reducing their positions, and 51 closing their positions.
35% more call options, than puts
Call options by funds: $31.3M | Put options by funds: $23.3M
27% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 105
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
6% more capital invested
Capital invested by funds: $5.97B → $6.35B (+$386M)
3.12% more ownership
Funds ownership: 95.22% → 98.35% (+3.1%)
5% less funds holding
Funds holding: 354 → 338 (-16)
25% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$54.5M |
| 2 |
Morgan Stanley
New York
|
+$51.7M |
| 3 |
FAM
Fred Alger Management
New York
|
+$41.3M |
| 4 |
Goldman Sachs
New York
|
+$38.1M |
| 5 |
BlackRock
New York
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$67.3M |
| 2 |
Renaissance Technologies
New York
|
-$14.8M |
| 3 |
D.E. Shaw & Co
New York
|
-$8.44M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.36M |
| 5 |
IMPI
Ilmarinen Mutual Pension Insurance
Helsinki,
Finland
|
-$8.13M |
BL Hedge Fund Activity: Q2 2021 in Review
338 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2021, worth a combined $6.35B — up 6.5% from $5.97B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BL and 38 opened new positions — a net loss of 13 holders — while 105 trimmed existing stakes and 133 added.
The largest buyer was Bank of Montreal, adding an estimated $54.5M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $67.3M.
- 338 institutional investors held BlackLine (BL) as of Q2 2021, down from 354 in Q1 2021.
- Funds reported $6.35B of BlackLine stock for Q2 2021, up 6.5% quarter-over-quarter.
- 38 funds opened new BlackLine positions in Q2 2021 and 51 closed out, a net change of -13 holders.
- The largest BlackLine buyer in Q2 2021 was Bank of Montreal, an estimated $54.5M added.
- The largest BlackLine seller in Q2 2021 was Kayne Anderson Rudnick Investment Management, an estimated $67.3M sold.
Based on aggregated 13F filings for Q2 2021.