BLACKLINE INC BL 0 03.15.26
NOTE 3/1 · US DOMESTIC · CUSIP 09239BAD1
63
institutional holders
-5 vs Q4 2022
63.5m
shares reported held*
$1.0bnreported value*
10 new
17 added
22 reduced
16 sold out
net bought ≈ $41.3m (-32.1m 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 ($2.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.80.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 64 |
| Q4 2022 | 68 |
| Q1 2023 | 63 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 25 | 24 |
| Q1 2023 | 27 | 38 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +41.5m |
| Aequim Alternative Investments LP | New | +39.0m |
| HBK INVESTMENTS L P | New | +21.6m |
| LAZARD ASSET MANAGEMENT LLC | Added | +16.0m |
| Nuveen Asset Management, LLC | New | +15.5m |
| SONA ASSET MANAGEMENT (US) LLC | New | +12.0m |
| Point72 Asset Management, L.P. | New | +10.0m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +9.8m |
| TENOR CAPITAL MANAGEMENT Co., L.P. | Added | +9.6m |
| FMR LLC | Added | +7.1m |
Biggest sellers
| Aequim Alternative Investments LP | Sold out | -39.0m |
| ADVENT CAPITAL MANAGEMENT /DE/ | Reduced | -26.7m |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -21.3m |
| Balyasny Asset Management L.P. | Sold out | -15.0m |
| Echo Street Capital Management LLC | Sold out | -13.0m |
| Linden Advisors LP | Reduced | -10.0m |
| Segantii Capital Management Ltd | Sold out | -5.6m |
| SOROS FUND MANAGEMENT LLC | Reduced | -4.5m |
| BlackRock Inc. | Reduced | -4.4m |
| STATE STREET CORP | Reduced | -4.2m |
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| SOROS FUND MANAGEMENT LLC 1.93% of their portfolio | 119.0m $101.4m | Reduced -4.5m |
| Linden Advisors LP 0.86% of their portfolio | 95.9m $81.5m | Reduced -10.0m |
| Lynrock Lake LP 3.66% of their portfolio | 92.3m $78.7m | Reduced -3.5m |
| D. E. Shaw & Co., Inc. 0.10% of their portfolio | 72.5m $61.6m | Added +41.5m |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.87% of their portfolio | 52.9m $45.1m | Reduced -26.7m |
| Calamos Advisors LLC 0.21% of their portfolio | 50.0m $42.4m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 47.8m $40.8m | Unchanged |
| CAMDEN ASSET MANAGEMENT L P /CA 1.31% of their portfolio | 46.1m $39.0m | Reduced -300.0k |
| Polar Capital Holdings Plc 0.25% of their portfolio | 40.8m $34.7m | Added +4.2m |
| Aequim Alternative Investments LP 1.06% of their portfolio | 39.0m $33.2m | New |
| FMR LLC 0.00% of their portfolio | 37.9m $32.2m | Added +7.1m |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 35.0m $29.8m | Added +16.0m |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.59% of their portfolio | 34.6m $29.4m | Added +9.6m |
| Opti Capital Management, LP 2.24% of their portfolio | 32.5m $27.7m | Unchanged |
| STEELHEAD PARTNERS LLC 1.60% of their portfolio | 29.0m $24.6m | Reduced -1.0m |
| Elliott Investment Management L.P. 0.28% of their portfolio | 27.1m $23.0m | Added +300.0k |
| DAVIDSON KEMPNER PARTNERS 0.51% of their portfolio | 24.0m $20.3m | First filing |
| Davidson Kempner Capital Management LP 0.42% of their portfolio | 24.0m $20.3m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 23.6m $19.9m | Reduced -4.2m |
| HBK INVESTMENTS L P 0.66% of their portfolio | 21.6m $18.3m | New |
| MARSHALL WACE, LLP 0.04% of their portfolio | 20.0m $17.0m | Added +4.0m |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 19.5m $16.5m | Added +9.8m |
| SHENKMAN CAPITAL MANAGEMENT INC 1.25% of their portfolio | 19.4m $16.4m | Added +1.9m |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 15.5m $13.1m | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.19% of their portfolio | 12.5m $10.6m | Reduced -21.3m |
| SONA ASSET MANAGEMENT (US) LLC 2.19% of their portfolio | 12.0m $10.2m | New |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 10.0m $8.5m | New |
| BARCLAYS PLC 0.01% of their portfolio | 8.8m $7.5m | Added +4.2m |
| ABSOLUTE INVESTMENT ADVISERS, LLC 0.94% of their portfolio | 7.5m $6.3m | Unchanged |
| READYSTATE ASSET MANAGEMENT LP 0.74% of their portfolio | 7.0m $6.0m | New |
| MORGAN STANLEY 0.00% of their portfolio | 7.0m $5.9m | Reduced -1.4m |
| BlackRock Inc. 0.00% of their portfolio | 6.7m $5.7m | Reduced -4.4m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 6.6m $5.6m | Reduced -1.2m |
| OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio | 6.2m $5.3m | Added +772.0k |
| Amundi 0.00% of their portfolio | 6.0m $5.1m | Unchanged |
| AVIVA PLC 0.02% of their portfolio | 5.4m $4.5m | Unchanged |
| Bellecapital International Ltd. 1.06% of their portfolio | 5.0m $4.2m | Reduced -196.0k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio | 5.0m $4.3m | Unchanged |
| Irenic Capital Management LP 1.76% of their portfolio | 5.0m $4.2m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.7m $4.0m | Reduced -2.0m |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 4.0m $3.4m | Reduced -500.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 3.4m $2.9m | Added +3.2m |
| Invesco Ltd. 0.00% of their portfolio | 3.0m $2.6m | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 3.0m $417.0k | New |
| Paloma Partners Management Co 0.56% of their portfolio | 3.0m $2.5m | New |
| WATER ISLAND CAPITAL LLC 0.14% of their portfolio | 2.0m $1.7m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 1.9m $1.6m | Reduced -250.0k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 1.9m $1.6m | Added +105.0k |
| CITIGROUP INC 0.00% of their portfolio | 666.0k $564.4k | Added +621.0k |
| Pinnacle Holdings, LLC 0.20% of their portfolio | 500.0k $423.8k | Unchanged |
| MacKay Shields LLC 0.01% of their portfolio | 480.0k $409.2k | Added +280.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 320.0k $271.1k | Reduced -480.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 298.0k $252.6k | Reduced -3.4m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 290.0k $246.0k | Reduced -275.0k |
| LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio | 31.0k $26.0k | Unchanged |
| Oaktree Fund Advisors, LLC 0.02% of their portfolio | 25.0k $21.3k | Added +8.0k |
| Marcum Wealth, LLC 0.00% of their portfolio | 21.0k $17.8k | Reduced -5.0k |
| Context Capital Management, LLC 0.82% of their portfolio | 11.5k $9.8m | Added +444 |
| UBS Group AG 0.00% of their portfolio | 10.0k $8.5k | Reduced -3.0k |
| Verition Fund Management LLC 0.13% of their portfolio | 9.6k $8.2m | Reduced -4.0m |
| SG Americas Securities, LLC 0.01% of their portfolio | 9.1k $778.0k | Unchanged |
| Alken Asset Management Ltd 0.02% of their portfolio | 700 $589 | Reduced -700 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |