Vault-13

BLEND LABS INC BLND

CL A · Common Stock · CUSIP 09352U108

94 institutional holders -18 vs Q1 2023
113,670,333113.7m shares reported held*
$107.7mreported value*
19 new 15 added 34 reduced 38 sold out net sold ≈ $11.3m (-11.9m 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 ($65.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.95. Options: 4 managers hold calls ($7.2k notional), 4 hold puts ($569).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 122Q1 23: 112Q2 23: 9494Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022119
Q4 2022122
Q1 2023112
Q2 202394

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 64 bought or addedQ4 22: 50 cut or sold outQ4 22Q1 23: 47 bought or addedQ1 23: 56 cut or sold outQ1 23Q2 23: 34 bought or addedQ2 23: 72 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226450
Q1 20234756
Q2 20233472

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ3 22 calls: $3.8mQ3 22 puts: $1.2mQ3 22P/C 0.33Q4 22 calls: $1.6mQ4 22 puts: $50.4kQ4 22P/C 0.03Q1 23 calls: $1.5mQ1 23 puts: $6.4kQ1 23P/C 0.00Q2 23 calls: $7.2kQ2 23 puts: $569Q2 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q3 2022$3.8m$1.2m0.33
Q4 2022$1.6m$50.4k0.03
Q1 2023$1.5m$6.4k0.00
Q2 2023$7.2k$5690.08

Biggest buyers

EdgePoint Investment Group Inc. Added +4,600,766+4.6m
MILLENNIUM MANAGEMENT LLC Added +3,338,357+3.3m
J. Goldman & Co LP Added +1,496,250+1.5m
ShawSpring Partners LLC Added +855,281+855.3k
Qube Research & Technologies Ltd New +758,370+758.4k
Metavasi Capital LP Added +550,000+550.0k
RENAISSANCE TECHNOLOGIES LLC Added +546,100+546.1k
BRIDGEWAY CAPITAL MANAGEMENT, LLC New +500,000+500.0k
MORGAN STANLEY Added +379,347+379.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +252,529+252.5k

Biggest sellers

BlackRock Inc. Reduced -9,809,556-9.8m
STATE STREET CORP Reduced -3,158,922-3.2m
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -1,908,448-1.9m
FMR LLC Reduced -1,750,015-1.8m
GEODE CAPITAL MANAGEMENT, LLC Reduced -1,649,628-1.6m
NORTHERN TRUST CORP Reduced -1,303,549-1.3m
VANGUARD GROUP INC Reduced -827,577-827.6k
HRT FINANCIAL LP Sold out -525,761-525.8k
Bank of New York Mellon Corp Reduced -513,476-513.5k
UBS Group AG Reduced -448,412-448.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $5.0k5.3k shares
SIMPLEX TRADING, LLC Added $2.0k2.8k shares
GROUP ONE TRADING LLC New $189200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $474500 shares
GROUP ONE TRADING LLC New $95100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 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.

HolderStakeChangeShares Last filed
Haveli Investments, L.P. 13D · may seek influence +1.3 pts · filed 2026-06-12 22.6% +1.3 pts 64.3m≈ $110.0m 2026-06-12
Capricorn Fund Managers Ltd 13G · institution new · filed 2026-10-16 5.6% new 13.3m≈ $22.7m 2026-10-16

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 Q2 2023

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)

BuyingSelling
505Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 2 sellingQ4 21Q1 22: 0 buyingQ1 22: 2 sellingQ2 22: 0 buyingQ2 22: 3 sellingQ2 22Q3 22: 0 buyingQ3 22: 2 sellingQ4 22: 0 buyingQ4 22: 5 sellingQ4 22Q1 23: 0 buyingQ1 23: 2 sellingQ2 23: 0 buyingQ2 23: 1 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20210—2$40.8k—
Q1 20220—2——
Q2 20220—3$182.7k—
Q3 20220—2$647.5k—
Q4 20220—5$2.8m—
Q1 20230—2$184.0k—
Q2 20230—1$431.9k—
DateInsiderTradeSharesPrice ValueTheir holding
2023-06-30 Ghamsari Nima Head of Blend, director Sold 153,531 $0.96 $147.4k153.5k shares -100%
2023-05-31 Ghamsari Nima Head of Blend, director Sold 151,316 $0.95 $143.8k151.3k shares -100%
2023-04-28 Ghamsari Nima Head of Blend, director Sold 230,770 $0.61 $140.8k230.8k shares -100%

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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GENERAL ATLANTIC, L.P. 0.29% of their portfolio New York, NY 19,132,44019.1m $18.1m $18.1m 0.29% Unchanged
2 Lightspeed Ultimate General Partner IX, Ltd. 100.00% of their portfolio Menlo Park, CA 14,818,35514.8m $14.0m $14.0m 100.00% Unchanged
3 EdgePoint Investment Group Inc. 0.10% of their portfolio TORONTO, A6 12,208,09612.2m $11.6m $11.6m 0.10% Added +4.6m +4,600,766
4 Temasek Holdings (Private) Ltd 0.07% of their portfolio SINGAPORE, U0 11,875,77311.9m $11.2m $11.2m 0.07% Unchanged
5 ShawSpring Partners LLC 1.45% of their portfolio Boston, MA 11,241,34211.2m $10.6m $10.6m 1.45% Added +855.3k +855,281
6 GREYLOCK 15 GP LLC 8.46% of their portfolio Menlo Park, CA 10,034,19110.0m $9.5m $9.5m 8.46% Unchanged
7 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 9,141,2599.1m $8.7m $8.7m 0.00% Reduced -827.6k -827,577
8 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 3,446,1363.4m $3.3m $3.3m 0.00% Added +3.3m +3,338,357
9 J. Goldman & Co LP 0.15% of their portfolio NEW YORK, NY 2,853,7502.9m $2.7m $2.7m 0.15% Added +1.5m +1,496,250
10 Metavasi Capital LP 1.64% of their portfolio LARCHMONT, NY 2,458,5702.5m $2.3m $2.3m 1.64% Added +550.0k +550,000
11 BlackRock Inc. 0.00% of their portfolio New York, NY 2,081,4782.1m $2.0m $2.0m 0.00% Reduced -9.8m -9,809,556
12 FMR LLC 0.00% of their portfolio BOSTON, MA 1,626,1311.6m $1.5m $1.5m 0.00% Reduced -1.8m -1,750,015
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,620,2591.6m $1.5m $1.5m 0.00% Reduced -1.6m -1,649,628
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 900,767900.8k $853.2k $853.2k 0.00% Reduced -386.9k -386,892
15 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 758,370758.4k $718.3k $718.3k 0.00% New
16 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 728,860728.9k $690.0k $690.0k 0.00% Added +546.1k +546,100
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 690,857690.9k $654.4k $654.4k 0.00% Reduced -3.2m -3,158,922
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 505,829505.8k $479.1k $479.1k 0.00% Added +379.3k +379,347
19 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 500,000500.0k $473.6k $473.6k 0.01% New
20 LAKE STREET ADVISORS GROUP, LLC 0.02% of their portfolio PORTSMOUTH, NH 473,361473.4k $448.0k $448.0k 0.02% Unchanged
21 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 435,699435.7k $412.7k $412.7k 0.00% Reduced -1.9m -1,908,448
22 Cypress Point Wealth Management, LLC 0.43% of their portfolio DALLAS, TX 430,071430.1k $407.4k $407.4k 0.43% Reduced -221.4k -221,406
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 398,453398.5k $377.4k $377.4k 0.00% Added +252.5k +252,529
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 371,486371.5k $351.9k $351.9k 0.00% Reduced -44.7k -44,703
25 KIM, LLC 0.03% of their portfolio WICHITA, KS 370,786370.8k $351.2k $351.2k 0.03% Unchanged
26 Blue Owl Capital Holdings LP 0.21% of their portfolio New York, NY 361,587361.6k $342.5k $342.5k 0.21% Unchanged
27 ALLEN OPERATIONS LLC 0.07% of their portfolio NEW YORK, NY 344,761344.8k $326.5k $326.5k 0.07% Unchanged
28 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 300,929300.9k $285.0k $285.0k 0.00% Reduced -1.3m -1,303,549
29 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 273,001273.0k $258.6k $258.6k 0.00% Reduced -18.8k -18,807
30 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 244,421244.4k $231.5k $231.5k 0.00% Reduced -600 -600
31 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 234,719234.7k $222.3k $222.3k 0.02% New
32 XTX Topco Ltd 0.04% of their portfolio LONDON, X0 226,926226.9k $214.9k $214.9k 0.04% Added +117.3k +117,261
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 221,513221.5k $209.8k $209.8k 0.00% Reduced -114.7k -114,713
34 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 208,408208.4k $197.0k $197.0k 0.02% New
35 Ergoteles LLC 0.01% of their portfolio NEW YORK, NY 187,200187.2k $177.3k $177.3k 0.01% Added +52.7k +52,730
36 VETAMER CAPITAL MANAGEMENT, LP 0.25% of their portfolio MENLO PARK, CA 171,956172.0k $162.9k $162.9k 0.25% Added +18.1k +18,111
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 155,826155.8k $147.6k $147.6k 0.00% Reduced -243.1k -243,144
38 Laurion Capital Management LP 0.01% of their portfolio NEW YORK, NY 143,601143.6k $136.0k $136.0k 0.01% New
39 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 126,767126.8k $120.1k $120.1k 0.00% Reduced -29.4k -29,448
40 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 96,84496.8k $91.7k $91.7k 0.00% New
41 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 89,71589.7k $85.0k $85.0k 0.00% Reduced -29.3k -29,296
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 70,52970.5k $66.8k $66.8k 0.00% Reduced -513.5k -513,476
43 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 70,00070.0k $66.3k $66.3k 0.00% Added +23.9k +23,919
44 SFMG, LLC 0.01% of their portfolio PLANO, TX 66,07166.1k $62.6k $62.6k 0.01% Reduced -890 -890
45 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 60,85560.9k $57.6k $57.6k 0.00% New
46 OLD MISSION CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 57,40957.4k $54.4k $54.4k 0.00% New
47 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 54,23954.2k $51.4k $51.4k 0.00% Unchanged
48 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 51,19351.2k $48.6k $48.6k 0.00% New
49 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 49,60249.6k $47.0k $47.0k 0.00% Added +25.2k +25,221
50 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 48,24748.2k $45.7k $45.7k 0.00% Reduced -38.8k -38,778
51 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 46,95347.0k $44.5k $44.5k 0.00% New
52 Virtu Financial LLC 0.00% of their portfolio New York, NY 42,77242.8k $41.0k $41.0k 0.00% New
53 ArchPoint Investors 0.01% of their portfolio CORAL GABLES, FL 38,30838.3k $36.3k $36.3k 0.01% Unchanged
54 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 35,49535.5k $33.6k $33.6k 0.00% New
55 Freestone Capital Holdings, LLC 0.00% of their portfolio Seattle, WA 34,71334.7k $32.9k $32.9k 0.00% Unchanged
56 Point72 Middle East FZE 0.00% of their portfolio DUBAI, C0 33,81733.8k $32.0k $32.0k 0.00% New
57 Caprock Group, LLC 0.00% of their portfolio BOISE, ID 32,72532.7k $31.0k $31.0k 0.00% Added +2.4k +2,390
58 RBF Capital, LLC 0.00% of their portfolio RENO, NV 30,00030.0k $28.4k $28.4k 0.00% Unchanged
59 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 29,32729.3k $27.8k $27.8k 0.00% Reduced -97.8k -97,773
60 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 27,91927.9k $27.0k $27.0k 0.00% Reduced -3.8k -3,840
61 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 26,76626.8k $25.4k $25.4k 0.00% Reduced -23.4k -23,406
62 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 26,70026.7k $25.3k $25.3k 0.00% Added +1.1k +1,100
63 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 24,85924.9k $23.5k $23.5k 0.00% Reduced -205.4k -205,425
64 Ballentine Partners, LLC 0.00% of their portfolio Waltham, MA 24,22024.2k $22.9k $22.9k 0.00% Unchanged
65 LMR Partners LLP 0.00% of their portfolio LONDON, X0 24,01824.0k $22.8k $22.8k 0.00% New
66 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 22,88022.9k $21.7k $21.7k 0.00% New
67 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,54621.5k $20.4k $20.4k 0.00% Reduced -311.0k -311,032
68 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 19,08819.1k $18.1k $18.1k 0.00% Reduced -126.2k -126,208
69 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 18,51918.5k $17.5k $17.5k 0.00% Reduced -271.6k -271,600
70 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 17,50017.5k $16.6k $16.6k 0.00% Unchanged
71 CTC Alternative Strategies, Ltd. 0.02% of their portfolio CHICAGO, IL 16,80016.8k $15.9k $15.9k 0.02% First filing
72 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 15,65715.7k $14.8k $14.8k 0.00% Reduced -363 -363
73 Jasper Ridge Partners, L.P. 0.00% of their portfolio MENLO PARK, CA 13,10013.1k $12.4k $12.4k 0.00% Unchanged
74 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 12,65312.7k $12.0k $12.0k 0.00% Unchanged
75 Alpha Square Group S LLC 0.01% of their portfolio NEW YORK, NY 12,35912.4k $11.7k $11.7k 0.01% Unchanged
76 Bayesian Capital Management, LP 0.00% of their portfolio Brooklyn, NY 11,70011.7k $11.1k $11.1k 0.00% New
77 WBH ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 10,36910.4k $9.8k $9.8k 0.00% Unchanged
78 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,6828.7k $8.2k $8.2k 0.00% Reduced -448.4k -448,412
79 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 7,6317.6k $7.2k $7.2k 0.00% Reduced -7.6k -7,638
80 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 7,5987.6k $7.2k $7.2k 0.00% Reduced -7.1k -7,058
81 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,5175.5k $5.0k $5.0k 0.00% Reduced -12.0k -12,011
82 JTC Employer Solutions Trustee Ltd 0.00% of their portfolio ST HELIER, Y9 3,7073.7k $12.0k $12.0k 0.00% Unchanged
83 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 3,5613.6k $3.4k $3.4k 0.00% New
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,3593.4k $3.2k $3.2k 0.00% Reduced -42.4k -42,387
85 CarsonAllaria Wealth Management, Ltd. 0.00% of their portfolio GLEN CARBON, IL 2,4002.4k $2.3k $2.3k 0.00% New
86 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 2,0002.0k $1.9k $1.9k 0.00% New
87 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0002.0k $1.9k $1.9k 0.00% Reduced -490 -490
88 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 1,5011.5k $1.4k $1.4k 0.00% Reduced -77.8k -77,837
89 Horan Securities, Inc. 0.00% of their portfolio CINCINNATI, X1 980980 $928 $928 0.00% Unchanged
90 Tortoise Investment Management, LLC 0.00% of their portfolio WHITE PLAINS, NY 572572 $542 $542 0.00% Unchanged
91 Sandy Spring Bank 0.00% of their portfolio Olney, MD 415415 $394 $394 0.00% Unchanged
92 Avion Wealth 0.00% of their portfolio THE WOODLANDS, TX 205205 $0 $0 0.00% Unchanged
93 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 116116 $110 $110 0.00% Unchanged
94 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged