Blend Labs
BLND
110 hedge funds and large institutions have $312M invested in Blend Labs in 2022 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 24 increasing their positions, 23 reducing their positions, and 26 closing their positions.
111% more call options, than puts
Call options by funds: $2.95M | Put options by funds: $1.4M
46% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 26
11% more funds holding
Funds holding: 99 → 110 (+11)
4% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 23
0.05% less ownership
Funds ownership: 60.11% → 60.06% (-0.05%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
58% less capital invested
Capital invested by funds: $743M → $312M (-$432M)
Top Buyers
| 1 |
BlackRock
New York
|
+$35.5M |
| 2 |
MP
MFN Partners
Boston,
Massachusetts
|
+$12.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.33M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.86M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$5.8M |
Top Sellers
| 1 |
Tiger Global Management
New York
|
-$21.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$21M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$13.3M |
| 4 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$7.62M |
| 5 |
JP Morgan Chase
New York
|
-$6.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$60K | -10,461 | Closed |
|
|
OCM
127
Ovata Capital Management
Hong Kong
| – | -$13K | -2,300 | Closed |
|
|
RCG
128
Rock Creek Group
Washington,
District of Columbia
| – | -$7K | -1,235 | Closed |
|
129
Belvedere Trading
Chicago,
Illinois
| – | -$4K | -842 | Closed |
|
|
TWM
130
Tradition Wealth Management
Edina,
Minnesota
| – | -$5K | -830 | Closed |
|
|
SOW
131
State of Wyoming
Cheyenne,
Wyoming
| – | -$4K | -689 | Closed |
|
|
FDCDDQ
132
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$1.71K | -300 | Closed |
|
|
HR
133
Howe & Rusling
Rochester,
New York
| – | -$1K | -200 | Closed |
|
|
FF
134
FourThought Financial
Venice,
Florida
| – | -$1K | -155 | Closed |
|
135
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$232 | +62 | New |
|
|
CG
136
Cutler Group
San Francisco,
California
| – | +$665 | +178 | New |
|
BLND Hedge Fund Activity: Q2 2022 in Review
110 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q2 2022, worth a combined $312M — down 58% from $743M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BLND positions and 26 closed out — a net gain of 12 holders — while 24 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $35.5M. The largest seller was Tiger Global Management, cutting an estimated $21.5M.
- 110 institutional investors held Blend Labs (BLND) as of Q2 2022, up from 99 in Q1 2022.
- Funds reported $312M of Blend Labs stock for Q2 2022, down 58% quarter-over-quarter.
- 38 funds opened new Blend Labs positions in Q2 2022 and 26 closed out, a net change of +12 holders.
- The largest Blend Labs buyer in Q2 2022 was BlackRock, an estimated $35.5M added.
- The largest Blend Labs seller in Q2 2022 was Tiger Global Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q2 2022.