Blend Labs
BLND
165 hedge funds and large institutions have $540M invested in Blend Labs in 2024 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 53 increasing their positions, 20 reducing their positions, and 16 closing their positions.
635% more call options, than puts
Call options by funds: $3.36M | Put options by funds: $457K
300% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 16
165% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 20
83% more capital invested
Capital invested by funds: $295M → $540M (+$245M)
40% more funds holding
Funds holding: 118 → 165 (+47)
6.31% more ownership
Funds ownership: 51.48% → 57.8% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$15.9M |
| 2 |
BlackRock
New York
|
+$10.5M |
| 3 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
+$8.22M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.92M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Temasek Holdings
Singapore
|
-$28M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$9.2M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$2.08M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.85M |
| 5 |
MC
Metavasi Capital
Larchmont,
New York
|
-$1.71M |
BLND Hedge Fund Activity: Q3 2024 in Review
165 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Blend Labs (BLND) for Q3 2024, worth a combined $540M — up 83% from $295M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BLND positions and 16 closed out — a net gain of 48 holders — while 53 added to existing stakes and 20 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $15.9M. The largest seller was Temasek Holdings, exiting entirely with an estimated $28M sold.
- 165 institutional investors held Blend Labs (BLND) as of Q3 2024, up from 118 in Q2 2024.
- Funds reported $540M of Blend Labs stock for Q3 2024, up 83% quarter-over-quarter.
- 64 funds opened new Blend Labs positions in Q3 2024 and 16 closed out, a net change of +48 holders.
- The largest Blend Labs buyer in Q3 2024 was Driehaus Capital Management, an estimated $15.9M added.
- The largest Blend Labs seller in Q3 2024 was Temasek Holdings, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2024.