Blend Labs
BLND
117 hedge funds and large institutions have $295M invested in Blend Labs in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 38 closing their positions.
139% more call options, than puts
Call options by funds: $613K | Put options by funds: $256K
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.17% less ownership
Funds ownership: 51.63% → 51.46% (-0.17%)
9% less funds holding
Funds holding: 129 → 117 (-12)
27% less capital invested
Capital invested by funds: $406M → $295M (-$111M)
29% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$32.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$7.44M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$7.21M |
| 5 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
+$6.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.86M |
| 3 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$4.64M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.6M |
| 5 |
Goldman Sachs
New York
|
-$4.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASGS
151
Alpha Square Group S
New York
| – | -$40.2K | -12,359 | Closed |
|
|
AF
152
Allworth Financial
Folsom,
California
| – | -$11.6K | -3,561 | Closed |
|
|
BBHC
153
Brown Brothers Harriman & Co
New York
| – | -$6.5K | -2,000 | Closed |
|
154
T. Rowe Price Associates
Baltimore,
Maryland
| – | +$195K | +73,605 | New |
|
BLND Hedge Fund Activity: Q2 2024 in Review
117 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q2 2024, worth a combined $295M — down 27% from $406M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BLND and 27 opened new positions — a net loss of 11 holders — while 27 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $32.3M. The largest seller was Millennium Management, cutting an estimated $10.3M.
- 117 institutional investors held Blend Labs (BLND) as of Q2 2024, down from 129 in Q1 2024.
- Funds reported $295M of Blend Labs stock for Q2 2024, down 27% quarter-over-quarter.
- 27 funds opened new Blend Labs positions in Q2 2024 and 38 closed out, a net change of -11 holders.
- The largest Blend Labs buyer in Q2 2024 was BlackRock, an estimated $32.3M added.
- The largest Blend Labs seller in Q2 2024 was Millennium Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2024.