BlackLine
336 hedge funds and large institutions have $6.83B invested in BlackLine in 2021 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 119 increasing their positions, 107 reducing their positions, and 39 closing their positions.
109% more call options, than puts
Call options by funds: $35.9M | Put options by funds: $17.2M
11% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 107
8% more capital invested
Capital invested by funds: $6.35B → $6.83B (+$477M)
8% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 39
0.69% more ownership
Funds ownership: 98.35% → 99.04% (+0.69%)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
1% less funds holding
Funds holding: 338 → 336 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$82.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$44.1M |
| 3 |
CAM
Contour Asset Management
New York
|
+$34.8M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$22.3M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28M |
| 2 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$18.3M |
| 3 |
Millennium Management
New York
|
-$14.4M |
| 4 |
Two Sigma Investments
New York
|
-$14.1M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$12.2M |
BL Hedge Fund Activity: Q3 2021 in Review
336 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2021, worth a combined $6.83B — up 7.5% from $6.35B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BL positions and 39 closed out — a net gain of 3 holders — while 119 added to existing stakes and 107 trimmed.
The largest buyer was Echo Street Capital Management, opening a new position worth an estimated $82.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $28M sold.
- 336 institutional investors held BlackLine (BL) as of Q3 2021, down from 338 in Q2 2021.
- Funds reported $6.83B of BlackLine stock for Q3 2021, up 7.5% quarter-over-quarter.
- 42 funds opened new BlackLine positions in Q3 2021 and 39 closed out, a net change of +3 holders.
- The largest BlackLine buyer in Q3 2021 was Echo Street Capital Management, an estimated $82.6M added.
- The largest BlackLine seller in Q3 2021 was Lord, Abbett & Co, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2021.