Vault-13

BLACKLINE INC BL 0.125 08.01.24

NOTE 0.125% 8/0 · US DOMESTIC · CUSIP 09239BAB5

29 institutional holders -2 vs Q4 2023
8,328,0008.3m shares reported held*
$308.3mreported value*
3 new 8 added 5 reduced 5 sold out net bought ≈ $53.8m (-6.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.22.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 35Q4 22: 33Q1 23: 31Q2 23: 32Q3 23: 28Q4 23: 31Q1 24: 2929Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202235
Q4 202233
Q1 202331
Q2 202332
Q3 202328
Q4 202331
Q1 202429

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 12 bought or addedQ1 23: 12 cut or sold outQ1 23Q2 23: 8 bought or addedQ2 23: 14 cut or sold outQ2 23Q3 23: 10 bought or addedQ3 23: 11 cut or sold outQ3 23Q4 23: 12 bought or addedQ4 23: 9 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 10 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221214
Q1 20231212
Q2 2023814
Q3 20231011
Q4 2023129
Q1 20241110

Biggest buyers

MORGAN STANLEY New +81,033,000+81.0m
MILLENNIUM MANAGEMENT LLC Added +13,000,000+13.0m
SHENKMAN CAPITAL MANAGEMENT INC Added +11,457,000+11.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +5,000,000+5.0m
BANK OF AMERICA CORP /DE/ Added +4,300,000+4.3m
Jefferies Financial Group Inc. Added +1,701,000+1.7m
Verition Fund Management LLC Added +1,618,777+1.6m
STEELHEAD PARTNERS LLC Added +1,300,000+1.3m
BlackRock Inc. Added +400,000+400.0k
BARCLAYS PLC Added +178,000+178.0k

Biggest sellers

Shaolin Capital Management LLC Sold out -20,000,000-20.0m
LAZARD ASSET MANAGEMENT LLC Reduced -14,235,000-14.2m
D. E. Shaw & Co., Inc. Sold out -11,802,000-11.8m
Segantii Capital Management Ltd Sold out -10,000,000-10.0m
MIZUHO SECURITIES USA LLC Reduced -4,923,000-4.9m
DeepCurrents Investment Group LLC Reduced -2,000,000-2.0m
JANE STREET GROUP, LLC Sold out -1,958,000-2.0m
JPMORGAN CHASE & CO Reduced -884,000-884.0k
Virtus Investment Advisers, LLC Sold out -43,000-43.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -7,000-7.0k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 81,033,00081.0m $82.6m $82.6m 0.00% New
2 STEELHEAD PARTNERS LLC 2.15% of their portfolio SEATTLE, WA 40,000,00040.0m $41.0m $41.0m 2.15% Added +1.3m +1,300,000
3 SHENKMAN CAPITAL MANAGEMENT INC 2.29% of their portfolio NEW YORK, NY 31,212,00031.2m $32.5m $32.5m 2.29% Added +11.5m +11,457,000
4 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 28,000,00028.0m $28.7m $28.7m 0.02% Added +13.0m +13,000,000
5 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 24,000,00024.0m $24.6m $24.6m 0.12% Unchanged
6 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 20,500,00020.5m $21.0m $21.0m 0.01% Unchanged
7 CAPSTONE INVESTMENT ADVISORS, LLC 0.37% of their portfolio NEW YORK, NY 19,500,00019.5m $20.0m $20.0m 0.37% Unchanged
8 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 18,000,00018.0m $18.4m $18.4m 0.02% Reduced -14.2m -14,235,000
9 MIZUHO SECURITIES USA LLC 0.19% of their portfolio NEW YORK, NY 7,761,0007.8m $7.9m $7.9m 0.19% Reduced -4.9m -4,923,000
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,165,0006.2m $6.3m $6.3m 0.00% Added +4.3m +4,300,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,514,0005.5m $5.6m $5.6m 0.00% Unchanged
12 DeepCurrents Investment Group LLC 0.19% of their portfolio NEW YORK, NY 5,400,0005.4m $4.7m $4.7m 0.19% Reduced -2.0m -2,000,000
13 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 5,000,0005.0m $5.1m $5.1m 0.01% New
14 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 2,384,0002.4m $2.4m $2.4m 0.06% Reduced -7.0k -7,000
15 BlackRock Inc. 0.00% of their portfolio New York, NY 2,213,0002.2m $2.3m $2.3m 0.00% Added +400.0k +400,000
16 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 1,768,0001.8m $1.8m $1.8m 0.04% Added +1.7m +1,701,000
17 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 1,621,0001.6m $1.7m $1.7m 0.02% Added +1.6m +1,618,777
18 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $1.0m $1.0m 0.00% Unchanged
19 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 556,000556.0k $568.0k $568.0k 0.00% Unchanged
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 330,000330.0k $338.4k $338.4k 0.00% Reduced -884.0k -884,000
21 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 330,000330.0k $336.5k $336.5k 0.00% Unchanged
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 324,000324.0k $332.2k $332.2k 0.00% Unchanged
23 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 323,000323.0k $331.2k $331.2k 0.00% Unchanged
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 221,000221.0k $225.6k $225.6k 0.00% Added +178.0k +178,000
25 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 68,00068.0k $69.3k $69.3k 0.00% Unchanged
26 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 43,00043.0k $43.8k $43.8k 0.03% New
27 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 18,00018.0k $18.4k $18.4k 0.00% Unchanged
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 11,00011.0k $11.2k $11.2k 0.00% Unchanged
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged