Blend Labs
BLND
110 hedge funds and large institutions have $296M invested in Blend Labs in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 32 increasing their positions, 14 reducing their positions, and 8 closing their positions.
338% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 8
129% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 14
99% more capital invested
Capital invested by funds: $149M → $296M (+$147M)
29% more funds holding
Funds holding: 85 → 110 (+25)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2.64% more ownership
Funds ownership: 46.02% → 48.67% (+2.6%)
34% less call options, than puts
Call options by funds: $138K | Put options by funds: $209K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.03M |
| 2 |
MC
Metavasi Capital
Larchmont,
New York
|
+$698K |
| 3 |
GIPM
G2 Investment Partners Management
New York
|
+$566K |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$445K |
| 5 |
Citigroup
New York
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.27M |
| 2 |
ICM
Irenic Capital Management
New York
|
-$1.8M |
| 3 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
-$1.09M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$934K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$279K |
BLND Hedge Fund Activity: Q4 2023 in Review
110 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q4 2023, worth a combined $296M — up 99% from $149M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BLND positions and 8 closed out — a net gain of 27 holders — while 32 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.03M. The largest seller was Fidelity Investments, cutting an estimated $2.27M.
- 110 institutional investors held Blend Labs (BLND) as of Q4 2023, up from 85 in Q3 2023.
- Funds reported $296M of Blend Labs stock for Q4 2023, up 99% quarter-over-quarter.
- 35 funds opened new Blend Labs positions in Q4 2023 and 8 closed out, a net change of +27 holders.
- The largest Blend Labs buyer in Q4 2023 was Susquehanna International Group, an estimated $2.03M added.
- The largest Blend Labs seller in Q4 2023 was Fidelity Investments, an estimated $2.27M sold.
Based on aggregated 13F filings for Q4 2023.