BlackLine
305 hedge funds and large institutions have $4.11B invested in BlackLine in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 106 increasing their positions, 127 reducing their positions, and 49 closing their positions.
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
89% more call options, than puts
Call options by funds: $50.5M | Put options by funds: $26.8M
3.22% more ownership
Funds ownership: 100.82% → 104.04% (+3.2%)
6% less capital invested
Capital invested by funds: $4.38B → $4.11B (-$268M)
7% less funds holding
Funds holding: 329 → 305 (-24)
17% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 127
43% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
+$371M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$35.9M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$32.2M |
| 4 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
+$29.3M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$66.6M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$49.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$32.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.1M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$21.3M |
BL Hedge Fund Activity: Q2 2022 in Review
305 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q2 2022, worth a combined $4.11B — down 6.1% from $4.38B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of BL and 28 opened new positions — a net loss of 21 holders — while 127 trimmed existing stakes and 106 added.
The largest buyer was Clearlake Capital Group, opening a new position worth an estimated $371M. The largest seller was Norges Bank, exiting entirely with an estimated $66.6M sold.
- 305 institutional investors held BlackLine (BL) as of Q2 2022, down from 329 in Q1 2022.
- Funds reported $4.11B of BlackLine stock for Q2 2022, down 6.1% quarter-over-quarter.
- 28 funds opened new BlackLine positions in Q2 2022 and 49 closed out, a net change of -21 holders.
- The largest BlackLine buyer in Q2 2022 was Clearlake Capital Group, an estimated $371M added.
- The largest BlackLine seller in Q2 2022 was Norges Bank, an estimated $66.6M sold.
Based on aggregated 13F filings for Q2 2022.