BlackLine
296 hedge funds and large institutions have $3.6B invested in BlackLine in 2022 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 94 increasing their positions, 122 reducing their positions, and 39 closing their positions.
3% less funds holding
Funds holding: 305 → 296 (-9)
3.3% less ownership
Funds ownership: 104.04% → 100.74% (-3.3%)
10% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 39
12% less capital invested
Capital invested by funds: $4.11B → $3.6B (-$513M)
23% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 122
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
68% less call options, than puts
Call options by funds: $8.82M | Put options by funds: $27.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
+$19.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$12.3M |
| 3 |
Morgan Stanley
New York
|
+$11.5M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$11.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$60.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$46.3M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$33.7M |
| 4 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$28.5M |
| 5 |
BlackRock
New York
|
-$21.8M |
BL Hedge Fund Activity: Q3 2022 in Review
296 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q3 2022, worth a combined $3.6B — down 12% from $4.11B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BL and 35 opened new positions — a net loss of 4 holders — while 122 trimmed existing stakes and 94 added.
The largest buyer was Clearlake Capital Group, adding an estimated $19.9M. The largest seller was Invesco, cutting an estimated $60.2M.
- 296 institutional investors held BlackLine (BL) as of Q3 2022, down from 305 in Q2 2022.
- Funds reported $3.6B of BlackLine stock for Q3 2022, down 12% quarter-over-quarter.
- 35 funds opened new BlackLine positions in Q3 2022 and 39 closed out, a net change of -4 holders.
- The largest BlackLine buyer in Q3 2022 was Clearlake Capital Group, an estimated $19.9M added.
- The largest BlackLine seller in Q3 2022 was Invesco, an estimated $60.2M sold.
Based on aggregated 13F filings for Q3 2022.