Blend Labs
BLND
85 hedge funds and large institutions have $149M invested in Blend Labs in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 29 reducing their positions, and 20 closing their positions.
209% more call options, than puts
Call options by funds: $142K | Put options by funds: $46K
38% more capital invested
Capital invested by funds: $108M → $149M (+$41M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2.73% less ownership
Funds ownership: 48.75% → 46.02% (-2.7%)
9% less funds holding
Funds holding: 93 → 85 (-8)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
55% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 29
Top Buyers
| 1 |
ICM
Irenic Capital Management
New York
|
+$2.84M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$1.25M |
| 3 |
MC
Metavasi Capital
Larchmont,
New York
|
+$668K |
| 4 |
Citigroup
New York
|
+$461K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$286K |
Top Sellers
BLND Hedge Fund Activity: Q3 2023 in Review
85 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q3 2023, worth a combined $149M — up 38% from $108M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BLND and 12 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 13 added.
The largest buyer was Irenic Capital Management, opening a new position worth an estimated $2.84M. The largest seller was ShawSpring Partners, cutting an estimated $7.92M.
- 85 institutional investors held Blend Labs (BLND) as of Q3 2023, down from 93 in Q2 2023.
- Funds reported $149M of Blend Labs stock for Q3 2023, up 38% quarter-over-quarter.
- 12 funds opened new Blend Labs positions in Q3 2023 and 20 closed out, a net change of -8 holders.
- The largest Blend Labs buyer in Q3 2023 was Irenic Capital Management, an estimated $2.84M added.
- The largest Blend Labs seller in Q3 2023 was ShawSpring Partners, an estimated $7.92M sold.
Based on aggregated 13F filings for Q3 2023.