BLEND LABS INC BLND
CL A · Common Stock · CUSIP 09352U108
- SectorTechnology
- IndustryServices-Computer Programming, Data Processing, Etc.
- HeadquartersNovato, CA
- FilingsSEC EDGAR
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $1.44. Options: 7 managers hold calls ($1.6m notional), 3 hold puts ($50.4k).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 119 |
| Q4 2022 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.8m | $1.2m | 0.33 |
| Q4 2022 | $1.6m | $50.4k | 0.03 |
Biggest buyers
| Metavasi Capital LP | New | +1.8m |
| FMR LLC | Added | +1.8m |
| CITADEL ADVISORS LLC | New | +607.7k |
| ShawSpring Partners LLC | Added | +561.5k |
| HRT FINANCIAL LP | New | +552.1k |
| JANE STREET GROUP, LLC | Added | +392.1k |
| BlackRock Inc. | Added | +350.3k |
| Alight Capital Management LP | New | +275.0k |
| Squarepoint Ops LLC | New | +272.3k |
| Ergoteles LLC | New | +256.4k |
Biggest sellers
| MFN Partners Management, LP | Sold out | -8.4m |
| TIGER GLOBAL MANAGEMENT LLC | Sold out | -6.2m |
| VANGUARD GROUP INC | Reduced | -4.0m |
| Hudson Executive Capital LP | Sold out | -1.0m |
| STATE STREET CORP | Reduced | -460.3k |
| Caption Management, LLC | Sold out | -160.0k |
| OCCUDO QUANTITATIVE STRATEGIES LP | Sold out | -159.2k |
| BANK OF AMERICA CORP /DE/ | Reduced | -152.7k |
| BLAIR WILLIAM & CO/IL | Sold out | -144.1k |
| COWEN AND COMPANY, LLC | Sold out | -143.7k |
Biggest calls
| J. Goldman & Co LP | Reduced | $1.1m750.0k shares |
| Islet Management, LP | New | $360.9k250.6k shares |
| UBS Group AG | New | $135.9k94.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $34.0k24.2k shares |
| CITADEL ADVISORS LLC | Reduced | $9.5k6.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| FNY Investment Advisers, LLC | New | $0300 shares |
Biggest puts
| Belvedere Trading LLC | New | $43.9k30.5k shares |
| CITADEL ADVISORS LLC | Reduced | $6.5k4.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Haveli Investments, L.P. 13D · may seek influence +1.3 pts · filed 2026-06-12 | 22.6% |
| Capricorn Fund Managers Ltd 13G · institution new · filed 2026-10-16 | 5.6% |
Fell to 5% or below in the last year: Lightspeed Venture Partners IX, L.P. (0.0%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $40.8k | — |
| Q1 2022 | 0 | — | 2 | — | — |
| Q2 2022 | 0 | — | 3 | $182.7k | — |
| Q3 2022 | 0 | — | 2 | $647.5k | — |
| Q4 2022 | 0 | — | 5 | $2.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-27 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $51.5k45.9k shares |
| 2022-12-20 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $40.5k33.2k shares |
| 2022-12-20 | Greenberg Marc S. Head of Finance | Sold | $28.3k23.2k shares |
| 2022-12-12 | Ghamsari Nima Head of Blend, director | Sold | $965.3k766.1k shares |
| 2022-12-09 | Ghamsari Nima Head of Blend, director | Sold | $218.0k175.8k shares |
| 2022-12-08 | Ghamsari Nima Head of Blend, director | Sold | $1.1m970.9k shares |
| 2022-12-06 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $14.6k12.9k shares |
| 2022-12-05 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $16.8k12.9k shares |
| 2022-11-29 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $15.6k12.9k shares |
| 2022-11-28 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $55.3k41.3k shares |
| 2022-11-21 | Mayopoulos Timothy J President, director | Sold | $68.0k41.2k shares |
| 2022-11-21 | Greenberg Marc S. Head of Finance | Sold | $31.7k19.2k shares |
| 2022-11-21 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $29.1k17.6k shares |
| 2022-11-21 | Gupta Manish K. Principal Accounting Officer | Sold | $12.1k7.4k shares |
| 2022-11-17 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $24.8k12.9k shares |
| 2022-11-16 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $26.4k12.9k shares |
| 2022-11-14 | Mayopoulos Timothy J President, director | Sold | $18.5k8.6k shares |
| 2022-10-19 | Mayopoulos Timothy J President, director | Sold | $17.0k8.6k shares |
| 2022-10-18 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $27.3k12.9k shares |
| 2022-10-17 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $26.6k12.9k shares |
| 2022-10-05 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $32.0k12.9k shares |
| 2022-10-04 | Sumner Crystal Head of Legal, Compliance,Risk | Sold | $30.7k12.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Lightspeed Ultimate General Partner IX, Ltd. 100.00% of their portfolio | 14.8m $21.3m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.3m $20.6m | Reduced -4.0m |
| BlackRock Inc. 0.00% of their portfolio | 12.1m $17.4m | Added +350.3k |
| Temasek Holdings (Private) Ltd 0.10% of their portfolio | 11.9m $17.1m | Unchanged |
| GENERAL ATLANTIC, L.P. 0.22% of their portfolio | 11.4m $16.5m | Unchanged |
| GREYLOCK 15 GP LLC 16.86% of their portfolio | 10.0m $14.4m | Unchanged |
| ShawSpring Partners LLC 2.27% of their portfolio | 9.9m $14.3m | Added +561.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 3.7m $5.3m | Reduced -54.9k |
| STATE STREET CORP 0.00% of their portfolio | 3.6m $5.2m | Reduced -460.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.1m $4.5m | Added +122.9k |
| FMR LLC 0.00% of their portfolio | 2.2m $3.1m | Added +1.8m |
| Indaba Capital Management, L.P. 0.56% of their portfolio | 2.0m $2.9m | Unchanged |
| Metavasi Capital LP 2.94% of their portfolio | 1.8m $2.7m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.6m $2.3m | Added +69.9k |
| J. Goldman & Co LP 0.16% of their portfolio | 1.5m $2.2m | Added +247.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.3m $1.9m | Added +58.7k |
| Kinetic Partners Management, LP 0.26% of their portfolio | 1.0m $1.5m | First filing |
| Cypress Point Wealth Management, LLC 1.95% of their portfolio | 862.2k $1.2m | Added +240.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 607.7k $875.0k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 593.8k $855.0k | Reduced -57.2k |
| HRT FINANCIAL LP 0.01% of their portfolio | 552.1k $795.0k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 477.8k $688.0k | Reduced -77.3k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 450.0k $648.0k | Added +186.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 404.3k $582.1k | Added +392.1k |
| KIM, LLC 0.03% of their portfolio | 370.8k $534.0k | Unchanged |
| Blue Owl Capital Holdings LP 0.22% of their portfolio | 361.6k $520.7k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 353.2k $508.6k | Reduced -152.7k |
| ALLEN OPERATIONS LLC 0.13% of their portfolio | 344.8k $496.5k | Unchanged |
| LAKE STREET ADVISORS GROUP, LLC 0.03% of their portfolio | 315.6k $454.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 277.0k $399.0k | Added +1.3k |
| Alight Capital Management LP 0.42% of their portfolio | 275.0k $396.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 272.3k $392.1k | New |
| Ergoteles LLC 0.01% of their portfolio | 256.4k $369.2k | New |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 255.3k $367.7k | Reduced -3.1k |
| HST Ventures, LLC 0.26% of their portfolio | 254.7k $366.7k | New |
| Klingman & Associates, LLC 0.03% of their portfolio | 237.0k $341.3k | New |
| UBS Group AG 0.00% of their portfolio | 230.5k $331.9k | Added +227.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 220.2k $317.0k | Added +43.5k |
| VETAMER CAPITAL MANAGEMENT, LP 0.41% of their portfolio | 204.5k $294.5k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 199.9k $288.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 194.3k $279.8k | Added +31.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 176.6k $254.3k | Added +61.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 140.1k $202.0k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 133.5k $192.0k | Added +42.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 130.7k $188.3k | Added +38 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 129.9k $187.1k | Added +48.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 129.2k $186.1k | Added +113.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 119.1k $171.5k | Reduced -106.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 110.9k $159.0k | Added +9.8k |
| Alpine Global Management, LLC 0.05% of their portfolio | 98.4k $142.0k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 97.9k $141.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 89.5k $128.9k | Added +1.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 82.3k $118.0k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 78.5k $113.0k | Added +4.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 75.6k $108.8k | Added +2.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 75.5k $108.8k | Reduced -26.8k |
| RBF Capital, LLC 0.01% of their portfolio | 75.0k $108.0k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 75.0k $108.0k | Unchanged |
| XTX Topco Ltd 0.02% of their portfolio | 72.9k $104.9k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 72.8k $104.0k | Added +17.5k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 72.1k $104.0k | Unchanged |
| SFMG, LLC 0.01% of their portfolio | 63.5k $91.4k | New |
| Caprock Group, LLC 0.01% of their portfolio | 60.1k $86.5k | Reduced -40.3k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 56.2k $80.9k | Added +1.9k |
| SG Americas Securities, LLC 0.00% of their portfolio | 52.2k $75.0k | Reduced -12.1k |
| BARCLAYS PLC 0.00% of their portfolio | 50.8k $73.2k | First filing |
| Invesco Ltd. 0.00% of their portfolio | 46.8k $67.4k | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 45.1k $64.9k | New |
| Belvedere Trading LLC 0.04% of their portfolio | 43.7k $62.9k | New |
| BESSEMER GROUP INC 0.00% of their portfolio | 42.5k $61.0k | Unchanged |
| Freestone Capital Holdings, LLC 0.00% of their portfolio | 34.7k $50.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 33.6k $49.0k | Reduced -50.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 33.2k $48.0k | Added +4.6k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 33.1k $48.0k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 30.8k $44.3k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 29.5k $42.0k | Unchanged |
| Kingsview Wealth Management, LLC 0.00% of their portfolio | 27.7k $39.9k | New |
| ProShare Advisors LLC 0.00% of their portfolio | 24.4k $35.1k | Added +4.0k |
| Ballentine Partners, LLC 0.00% of their portfolio | 24.2k $34.9k | Unchanged |
| Point72 Middle East FZE 0.00% of their portfolio | 24.1k $34.7k | First filing |
| AMALGAMATED BANK 0.00% of their portfolio | 23.4k $34.0k | Unchanged |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 23.0k $33.0k | New |
| ZEKE CAPITAL ADVISORS, LLC 0.00% of their portfolio | 22.9k $32.9k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 22.3k $32.1k | First filing |
| Stegent Equity Advisors, Inc. 0.03% of their portfolio | 20.0k $28.8k | New |
| Centiva Capital, LP 0.00% of their portfolio | 19.2k $27.6k | New |
| ArchPoint Investors 0.01% of their portfolio | 19.2k $27.6k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 18.9k $25.7k | Added +6.5k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 17.4k $25.1k | New |
| Legal & General Group Plc 0.00% of their portfolio | 17.3k $25.1k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 16.5k $23.7k | Reduced -7 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 13.9k $20.8k | Unchanged |
| Jasper Ridge Partners, L.P. 0.00% of their portfolio | 13.1k $18.9k | Unchanged |
| Alpha Square Group S LLC 0.01% of their portfolio | 12.4k $17.8k | Unchanged |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 12.1k $17.4k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 11.9k $17.1k | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 11.9k $17.1k | Reduced -7.3k |
| CITIGROUP INC 0.00% of their portfolio | 10.9k $15.7k | Added +8.1k |
| XPONANCE LLC 0.00% of their portfolio | 10.8k $15.5k | Added +502 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 10.6k $15.3k | Unchanged |