BlackLine
306 hedge funds and large institutions have $3.89B invested in BlackLine in 2024 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 110 increasing their positions, 93 reducing their positions, and 38 closing their positions.
942% more call options, than puts
Call options by funds: $145M | Put options by funds: $13.9M
50% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 38
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
18% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 93
17% more capital invested
Capital invested by funds: $3.33B → $3.89B (+$554M)
5.13% more ownership
Funds ownership: 97.18% → 102.31% (+5.1%)
5% more funds holding
Funds holding: 292 → 306 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$53M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$34.3M |
| 3 |
Morgan Stanley
New York
|
+$25.1M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$21.2M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$52M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.3M |
| 3 |
EC
Engaged Capital
Newport Beach,
California
|
-$33.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$14.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$10.3M |
BL Hedge Fund Activity: Q4 2024 in Review
306 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in BlackLine (BL) for Q4 2024, worth a combined $3.89B — up 17% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new BL positions and 38 closed out — a net gain of 19 holders — while 110 added to existing stakes and 93 trimmed.
The largest buyer was American Century Companies, adding an estimated $53M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $52M.
- 306 institutional investors held BlackLine (BL) as of Q4 2024, up from 292 in Q3 2024.
- Funds reported $3.89B of BlackLine stock for Q4 2024, up 17% quarter-over-quarter.
- 57 funds opened new BlackLine positions in Q4 2024 and 38 closed out, a net change of +19 holders.
- The largest BlackLine buyer in Q4 2024 was American Century Companies, an estimated $53M added.
- The largest BlackLine seller in Q4 2024 was Hawk Ridge Capital Management, an estimated $52M sold.
Based on aggregated 13F filings for Q4 2024.