Vault-13

BLACKLINE INC BL 0 03.15.26

NOTE 3/1 · US DOMESTIC · CUSIP 09239BAD1

63 institutional holders -5 vs Q4 2022
63,487,00063.5m 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

0255075Q3 22: 64Q4 22: 68Q1 23: 6363Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202264
Q4 202268
Q1 202363

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 25 bought or addedQ4 22: 24 cut or sold outQ4 22Q1 23: 27 bought or addedQ1 23: 38 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222524
Q1 20232738

Biggest buyers

D. E. Shaw & Co., Inc. Added +41,534,000+41.5m
Aequim Alternative Investments LP New +39,000,000+39.0m
HBK INVESTMENTS L P New +21,596,000+21.6m
LAZARD ASSET MANAGEMENT LLC Added +16,000,000+16.0m
Nuveen Asset Management, LLC New +15,500,000+15.5m
SONA ASSET MANAGEMENT (US) LLC New +12,000,000+12.0m
Point72 Asset Management, L.P. New +10,000,000+10.0m
BNP PARIBAS FINANCIAL MARKETS Added +9,804,000+9.8m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +9,602,000+9.6m
FMR LLC Added +7,069,000+7.1m

Biggest sellers

Aequim Alternative Investments LP Sold out -39,000,000-39.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -26,740,000-26.7m
WOLVERINE ASSET MANAGEMENT LLC Reduced -21,329,000-21.3m
Balyasny Asset Management L.P. Sold out -15,000,000-15.0m
Echo Street Capital Management LLC Sold out -13,000,000-13.0m
Linden Advisors LP Reduced -10,000,000-10.0m
Segantii Capital Management Ltd Sold out -5,600,000-5.6m
SOROS FUND MANAGEMENT LLC Reduced -4,500,000-4.5m
BlackRock Inc. Reduced -4,400,000-4.4m
STATE STREET CORP Reduced -4,150,000-4.2m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SOROS FUND MANAGEMENT LLC 1.93% of their portfolio NEW YORK, NY 119,000,000119.0m $101.4m $101.4m 1.93% Reduced -4.5m -4,500,000
2 Linden Advisors LP 0.86% of their portfolio New York, NY 95,929,00095.9m $81.5m $81.5m 0.86% Reduced -10.0m -10,000,000
3 Lynrock Lake LP 3.66% of their portfolio RYE BROOK, NY 92,276,00092.3m $78.7m $78.7m 3.66% Reduced -3.5m -3,500,000
4 D. E. Shaw & Co., Inc. 0.10% of their portfolio New York, NY 72,534,00072.5m $61.6m $61.6m 0.10% Added +41.5m +41,534,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.87% of their portfolio NEW YORK, NY 52,942,00052.9m $45.1m $45.1m 0.87% Reduced -26.7m -26,740,000
6 Calamos Advisors LLC 0.21% of their portfolio NAPERVILLE, IL 50,000,00050.0m $42.4m $42.4m 0.21% Unchanged
7 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 47,815,00047.8m $40.8m $40.8m 0.04% Unchanged
8 CAMDEN ASSET MANAGEMENT L P /CA 1.31% of their portfolio Los Angeles, CA 46,075,00046.1m $39.0m $39.0m 1.31% Reduced -300.0k -300,000
9 Polar Capital Holdings Plc 0.25% of their portfolio London, X0 40,750,00040.8m $34.7m $34.7m 0.25% Added +4.2m +4,250,000
10 Aequim Alternative Investments LP 1.06% of their portfolio MILL VALLEY, CA 39,000,00039.0m $33.2m $33.2m 1.06% New
11 FMR LLC 0.00% of their portfolio BOSTON, MA 37,938,00037.9m $32.2m $32.2m 0.00% Added +7.1m +7,069,000
12 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 35,000,00035.0m $29.8m $29.8m 0.04% Added +16.0m +16,000,000
13 TENOR CAPITAL MANAGEMENT Co., L.P. 0.59% of their portfolio NEW YORK, NY 34,602,00034.6m $29.4m $29.4m 0.59% Added +9.6m +9,602,000
14 Opti Capital Management, LP 2.24% of their portfolio New York, NY 32,500,00032.5m $27.7m $27.7m 2.24% Unchanged
15 STEELHEAD PARTNERS LLC 1.60% of their portfolio SEATTLE, WA 29,000,00029.0m $24.6m $24.6m 1.60% Reduced -1.0m -1,000,000
16 Elliott Investment Management L.P. 0.28% of their portfolio WEST PALM BEACH, FL 27,150,00027.1m $23.0m $23.0m 0.28% Added +300.0k +300,000
17 DAVIDSON KEMPNER PARTNERS 0.51% of their portfolio New York, NY 24,000,00024.0m $20.3m $20.3m 0.51% First filing
18 Davidson Kempner Capital Management LP 0.42% of their portfolio New York, NY 24,000,00024.0m $20.3m $20.3m 0.42% Unchanged
19 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 23,576,00023.6m $19.9m $19.9m 0.00% Reduced -4.2m -4,150,000
20 HBK INVESTMENTS L P 0.66% of their portfolio DALLAS, TX 21,596,00021.6m $18.3m $18.3m 0.66% New
21 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 20,000,00020.0m $17.0m $17.0m 0.04% Added +4.0m +4,000,000
22 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 19,458,00019.5m $16.5m $16.5m 0.04% Added +9.8m +9,804,000
23 SHENKMAN CAPITAL MANAGEMENT INC 1.25% of their portfolio NEW YORK, NY 19,370,00019.4m $16.4m $16.4m 1.25% Added +1.9m +1,943,000
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 15,500,00015.5m $13.1m $13.1m 0.00% New
25 WOLVERINE ASSET MANAGEMENT LLC 0.19% of their portfolio CHICAGO, IL 12,493,00012.5m $10.6m $10.6m 0.19% Reduced -21.3m -21,329,000
26 SONA ASSET MANAGEMENT (US) LLC 2.19% of their portfolio NEW YORK, NY 12,000,00012.0m $10.2m $10.2m 2.19% New
27 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 10,000,00010.0m $8.5m $8.5m 0.03% New
28 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 8,803,0008.8m $7.5m $7.5m 0.01% Added +4.2m +4,238,000
29 ABSOLUTE INVESTMENT ADVISERS, LLC 0.94% of their portfolio ROSEMARY BEACH, FL 7,500,0007.5m $6.3m $6.3m 0.94% Unchanged
30 READYSTATE ASSET MANAGEMENT LP 0.74% of their portfolio CHICAGO, IL 7,000,0007.0m $6.0m $6.0m 0.74% New
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,992,0007.0m $5.9m $5.9m 0.00% Reduced -1.4m -1,397,000
32 BlackRock Inc. 0.00% of their portfolio New York, NY 6,690,0006.7m $5.7m $5.7m 0.00% Reduced -4.4m -4,400,000
33 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,634,0006.6m $5.6m $5.6m 0.01% Reduced -1.2m -1,235,000
34 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 6,188,0006.2m $5.3m $5.3m 0.06% Added +772.0k +772,000
35 Amundi 0.00% of their portfolio Paris, I0 6,000,0006.0m $5.1m $5.1m 0.00% Unchanged
36 AVIVA PLC 0.02% of their portfolio LONDON, X0 5,400,0005.4m $4.5m $4.5m 0.02% Unchanged
37 Bellecapital International Ltd. 1.06% of their portfolio ZURICH, V8 5,004,0005.0m $4.2m $4.2m 1.06% Reduced -196.0k -196,000
38 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio SAN FRANCISCO, CA 5,000,0005.0m $4.3m $4.3m 0.03% Unchanged
39 Irenic Capital Management LP 1.76% of their portfolio NEW YORK, NY 5,000,0005.0m $4.2m $4.2m 1.76% New
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,720,0004.7m $4.0m $4.0m 0.00% Reduced -2.0m -2,000,000
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,988,0004.0m $3.4m $3.4m 0.00% Reduced -500.0k -500,000
42 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 3,350,0003.4m $2.9m $2.9m 0.00% Added +3.2m +3,200,000
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,036,0003.0m $2.6m $2.6m 0.00% Unchanged
44 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 3,000,0003.0m $417.0k $417.0k 0.00% New
45 Paloma Partners Management Co 0.56% of their portfolio GREENWICH, CT 3,000,0003.0m $2.5m $2.5m 0.56% New
46 WATER ISLAND CAPITAL LLC 0.14% of their portfolio NEW YORK, NY 2,000,0002.0m $1.7m $1.7m 0.14% New
47 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,950,0001.9m $1.6m $1.6m 0.00% Reduced -250.0k -250,000
48 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 1,902,0001.9m $1.6m $1.6m 0.00% Added +105.0k +105,000
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 666,000666.0k $564.4k $564.4k 0.00% Added +621.0k +621,000
50 Pinnacle Holdings, LLC 0.20% of their portfolio TULSA, OK 500,000500.0k $423.8k $423.8k 0.20% Unchanged
51 MacKay Shields LLC 0.01% of their portfolio New York, NY 480,000480.0k $409.2k $409.2k 0.01% Added +280.0k +280,000
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 320,000320.0k $271.1k $271.1k 0.00% Reduced -480.0k -480,000
53 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 298,000298.0k $252.6k $252.6k 0.00% Reduced -3.4m -3,411,000
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 290,000290.0k $246.0k $246.0k 0.00% Reduced -275.0k -275,000
55 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 31,00031.0k $26.0k $26.0k 0.00% Unchanged
56 Oaktree Fund Advisors, LLC 0.02% of their portfolio LOS ANGLES, CA 25,00025.0k $21.3k $21.3k 0.02% Added +8.0k +8,000
57 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 21,00021.0k $17.8k $17.8k 0.00% Reduced -5.0k -5,000
58 Context Capital Management, LLC 0.82% of their portfolio LAJOLLA, CA 11,46011.5k $9.8m $9.8m 0.82% Added +444 +444
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,00010.0k $8.5k $8.5k 0.00% Reduced -3.0k -3,000
60 Verition Fund Management LLC 0.13% of their portfolio GREENWICH, CT 9,6389.6k $8.2m $8.2m 0.13% Reduced -4.0m -3,990,362
61 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 9,1009.1k $778.0k $778.0k 0.01% Unchanged
62 Alken Asset Management Ltd 0.02% of their portfolio LONDON, X0 700700 $589 $589 0.02% Reduced -700 -700
63 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged