BlackLine
312 hedge funds and large institutions have $4.04B invested in BlackLine in 2023 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 93 increasing their positions, 124 reducing their positions, and 32 closing their positions.
328% more call options, than puts
Call options by funds: $64.2M | Put options by funds: $15M
53% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 32
4% more funds holding
Funds holding: 300 → 312 (+12)
1% more capital invested
Capital invested by funds: $4.01B → $4.04B (+$31M)
0.41% more ownership
Funds ownership: 99.77% → 100.18% (+0.41%)
25% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 124
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$39.7M |
| 2 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$29.6M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$16.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$23.5M |
| 2 |
FAM
Fred Alger Management
New York
|
-$22.2M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$21.6M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$16.2M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$9.89M |
BL Hedge Fund Activity: Q1 2023 in Review
312 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q1 2023, worth a combined $4.04B — up 0.77% from $4.01B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BL positions and 32 closed out — a net gain of 17 holders — while 93 added to existing stakes and 124 trimmed.
The largest buyer was Invesco, adding an estimated $39.7M. The largest seller was DF Dent & Co, cutting an estimated $23.5M.
- 312 institutional investors held BlackLine (BL) as of Q1 2023, up from 300 in Q4 2022.
- Funds reported $4.04B of BlackLine stock for Q1 2023, up 0.77% quarter-over-quarter.
- 49 funds opened new BlackLine positions in Q1 2023 and 32 closed out, a net change of +17 holders.
- The largest BlackLine buyer in Q1 2023 was Invesco, an estimated $39.7M added.
- The largest BlackLine seller in Q1 2023 was DF Dent & Co, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2023.