Blend Labs
BLND
205 hedge funds and large institutions have $575M invested in Blend Labs in 2025 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 58 increasing their positions, 72 reducing their positions, and 25 closing their positions.
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
21% more call options, than puts
Call options by funds: $5.55M | Put options by funds: $4.58M
14% more capital invested
Capital invested by funds: $503M → $575M (+$72.6M)
5% more funds holding
Funds holding: 195 → 205 (+10)
2.09% more ownership
Funds ownership: 59.74% → 61.84% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
19% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$6.1M |
| 2 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$5.04M |
| 3 |
Goldman Sachs
New York
|
+$4.91M |
| 4 |
MC
Metavasi Capital
Larchmont,
New York
|
+$4.75M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$5.78M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$5M |
| 3 |
Renaissance Technologies
New York
|
-$4.16M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.82M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.59M |
BLND Hedge Fund Activity: Q3 2025 in Review
205 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q3 2025, worth a combined $575M — up 14% from $503M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BLND positions and 25 closed out — a net gain of 12 holders — while 58 added to existing stakes and 72 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $6.1M. The largest seller was J. Goldman & Co, cutting an estimated $5.78M.
- 205 institutional investors held Blend Labs (BLND) as of Q3 2025, up from 195 in Q2 2025.
- Funds reported $575M of Blend Labs stock for Q3 2025, up 14% quarter-over-quarter.
- 37 funds opened new Blend Labs positions in Q3 2025 and 25 closed out, a net change of +12 holders.
- The largest Blend Labs buyer in Q3 2025 was Park West Asset Management, an estimated $6.1M added.
- The largest Blend Labs seller in Q3 2025 was J. Goldman & Co, an estimated $5.78M sold.
Based on aggregated 13F filings for Q3 2025.