Blend Labs
BLND
129 hedge funds and large institutions have $406M invested in Blend Labs in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 18 reducing their positions, and 13 closing their positions.
524% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $228K
178% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 18
146% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 13
37% more capital invested
Capital invested by funds: $296M → $406M (+$110M)
17% more funds holding
Funds holding: 110 → 129 (+19)
2.96% more ownership
Funds ownership: 48.67% → 51.63% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.25M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.12M |
| 3 |
Millennium Management
New York
|
+$4.29M |
| 4 |
Goldman Sachs
New York
|
+$4.17M |
| 5 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$14.7M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$3.64M |
| 3 |
ICM
Irenic Capital Management
New York
|
-$2.93M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$966K |
| 5 |
D.E. Shaw & Co
New York
|
-$682K |
BLND Hedge Fund Activity: Q1 2024 in Review
129 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q1 2024, worth a combined $406M — up 37% from $296M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BLND positions and 13 closed out — a net gain of 19 holders — while 50 added to existing stakes and 18 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $5.25M. The largest seller was EdgePoint Investment Group, cutting an estimated $14.7M.
- 129 institutional investors held Blend Labs (BLND) as of Q1 2024, up from 110 in Q4 2023.
- Funds reported $406M of Blend Labs stock for Q1 2024, up 37% quarter-over-quarter.
- 32 funds opened new Blend Labs positions in Q1 2024 and 13 closed out, a net change of +19 holders.
- The largest Blend Labs buyer in Q1 2024 was Qube Research & Technologies (QRT), an estimated $5.25M added.
- The largest Blend Labs seller in Q1 2024 was EdgePoint Investment Group, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2024.