Blend Labs
BLND
99 hedge funds and large institutions have $743M invested in Blend Labs in 2022 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 28 closing their positions.
172% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $4.3M
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
6.5% more ownership
Funds ownership: 53.6% → 60.11% (+6.5%)
6% more funds holding
Funds holding: 93 → 99 (+6)
13% less capital invested
Capital invested by funds: $854M → $743M (-$110M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$81.7M |
| 2 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
+$58.3M |
| 3 |
MP
MFN Partners
Boston,
Massachusetts
|
+$38.7M |
| 4 |
JP Morgan Chase
New York
|
+$13.3M |
| 5 |
Goldman Sachs
New York
|
+$9.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$82.5M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$15.7M |
| 3 |
MC
Metavasi Capital
Larchmont,
New York
|
-$10.8M |
| 4 |
IP
Isomer Partners
New York
|
-$5.03M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.1M |
BLND Hedge Fund Activity: Q1 2022 in Review
99 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q1 2022, worth a combined $743M — down 13% from $854M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BLND positions and 28 closed out — a net gain of 6 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Vanguard Group, adding an estimated $81.7M. The largest seller was Coatue Management, exiting entirely with an estimated $82.5M sold.
- 99 institutional investors held Blend Labs (BLND) as of Q1 2022, up from 93 in Q4 2021.
- Funds reported $743M of Blend Labs stock for Q1 2022, down 13% quarter-over-quarter.
- 34 funds opened new Blend Labs positions in Q1 2022 and 28 closed out, a net change of +6 holders.
- The largest Blend Labs buyer in Q1 2022 was Vanguard Group, an estimated $81.7M added.
- The largest Blend Labs seller in Q1 2022 was Coatue Management, an estimated $82.5M sold.
Based on aggregated 13F filings for Q1 2022.