Blend Labs
BLND
119 hedge funds and large institutions have $300M invested in Blend Labs in 2022 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 15 closing their positions.
220% more call options, than puts
Call options by funds: $3.78M | Put options by funds: $1.18M
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
8% more funds holding
Funds holding: 110 → 119 (+9)
1.79% more ownership
Funds ownership: 60.06% → 61.85% (+1.8%)
4% less capital invested
Capital invested by funds: $312M → $300M (-$11.4M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.7M |
| 2 |
Bank of New York Mellon
New York
|
+$5.59M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$3.64M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.53M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$22.2M |
| 2 |
SI
Salesforce Inc
San Francisco,
California
|
-$3.13M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.98M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$720K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$597K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Franklin Resources
San Mateo,
California
| – | -$26K | -10,932 | Closed |
|
|
SC
127
Solstein Capital
Menlo Park,
California
| – | -$14K | -5,952 | Closed |
|
128
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$3K | -1,373 | Closed |
|
|
BWL
129
Bogart Wealth LLC
Mclean,
Virginia
| – | +$142 | +50 | New |
|
|
VCM
130
Versant Capital Management
Phoenix,
Arizona
| – | +$258 | +91 | New |
|
|
S
131
SignatureFD
Atlanta,
Georgia
| – | +$284 | +100 | New |
|
132
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$289 | +102 | New |
|
|
MCM
133
Manchester Capital Management
Manchester,
Vermont
| – | +$437 | +154 | New |
|
BLND Hedge Fund Activity: Q3 2022 in Review
119 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q3 2022, worth a combined $300M — down 3.7% from $312M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BLND positions and 15 closed out — a net gain of 9 holders — while 32 added to existing stakes and 25 trimmed.
The largest buyer was Vanguard Group, adding an estimated $13.7M. The largest seller was Tiger Global Management, cutting an estimated $22.2M.
- 119 institutional investors held Blend Labs (BLND) as of Q3 2022, up from 110 in Q2 2022.
- Funds reported $300M of Blend Labs stock for Q3 2022, down 3.7% quarter-over-quarter.
- 24 funds opened new Blend Labs positions in Q3 2022 and 15 closed out, a net change of +9 holders.
- The largest Blend Labs buyer in Q3 2022 was Vanguard Group, an estimated $13.7M added.
- The largest Blend Labs seller in Q3 2022 was Tiger Global Management, an estimated $22.2M sold.
Based on aggregated 13F filings for Q3 2022.