Blend Labs
BLND
111 hedge funds and large institutions have $123M invested in Blend Labs in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 38 reducing their positions, and 19 closing their positions.
24,467% more call options, than puts
Call options by funds: $1.47M | Put options by funds: $6K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.29% less ownership
Funds ownership: 53.67% → 53.38% (-0.29%)
3% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 38
8% less funds holding
Funds holding: 121 → 111 (-10)
27% less capital invested
Capital invested by funds: $170M → $123M (-$46.4M)
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
General Atlantic
New York
|
+$11.8M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$11.7M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.59M |
| 4 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
+$702K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.59M |
| 2 |
Bank of New York Mellon
New York
|
-$4.75M |
| 3 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$2.9M |
| 4 |
KPM
Kinetic Partners Management
Miami,
Florida
|
-$1.48M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$743K |
BLND Hedge Fund Activity: Q1 2023 in Review
111 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q1 2023, worth a combined $123M — down 27% from $170M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BLND and 10 opened new positions — a net loss of 9 holders — while 38 trimmed existing stakes and 37 added.
The largest buyer was General Atlantic, adding an estimated $11.8M. The largest seller was Vanguard Group, cutting an estimated $6.59M.
- 111 institutional investors held Blend Labs (BLND) as of Q1 2023, down from 121 in Q4 2022.
- Funds reported $123M of Blend Labs stock for Q1 2023, down 27% quarter-over-quarter.
- 10 funds opened new Blend Labs positions in Q1 2023 and 19 closed out, a net change of -9 holders.
- The largest Blend Labs buyer in Q1 2023 was General Atlantic, an estimated $11.8M added.
- The largest Blend Labs seller in Q1 2023 was Vanguard Group, an estimated $6.59M sold.
Based on aggregated 13F filings for Q1 2023.