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 ($2.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.36. Options: 5 managers hold calls ($613.3k notional), 5 hold puts ($256.1k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 119 |
| Q4 2022 | 122 |
| Q1 2023 | 112 |
| Q2 2023 | 94 |
| Q3 2023 | 87 |
| Q4 2023 | 111 |
| Q1 2024 | 130 |
| Q2 2024 | 119 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 64 | 50 |
| Q1 2023 | 47 | 56 |
| Q2 2023 | 34 | 72 |
| Q3 2023 | 26 | 49 |
| Q4 2023 | 61 | 23 |
| Q1 2024 | 80 | 31 |
| Q2 2024 | 57 | 65 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $142.3k | $45.6k | 0.32 |
| Q4 2023 | $137.6k | $209.1k | 1.52 |
| Q1 2024 | $1.4m | $228.2k | 0.16 |
| Q2 2024 | $613.3k | $256.1k | 0.42 |
Biggest buyers
| BlackRock Inc. | Added | +12.2m |
| VANGUARD GROUP INC | Added | +5.6m |
| STATE STREET CORP | Added | +2.8m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +2.7m |
| ShawSpring Partners LLC | Added | +2.5m |
| Metavasi Capital LP | Added | +1.3m |
| Nuveen Asset Management, LLC | New | +982.8k |
| Bank of New York Mellon Corp | Added | +638.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +565.1k |
| J. Goldman & Co LP | Added | +393.6k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -3.9m |
| CITADEL ADVISORS LLC | Reduced | -1.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.7m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.6m |
| CenterBook Partners LP | Sold out | -1.4m |
| Qube Research & Technologies Ltd | Reduced | -1.1m |
| JPMORGAN CHASE & CO | Reduced | -777.9k |
| CITIGROUP INC | Reduced | -637.2k |
| HRT FINANCIAL LP | Sold out | -592.9k |
| Cubist Systematic Strategies, LLC | Sold out | -490.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $358.2k151.8k shares |
| GROUP ONE TRADING LLC | Added | $134.8k57.1k shares |
| SIMPLEX TRADING, LLC | Added | $71.0k30.5k shares |
| CITADEL ADVISORS LLC | Reduced | $49.3k20.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $91.6k38.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $85.2k36.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $42.0k17.9k shares |
| GROUP ONE TRADING LLC | Reduced | $37.3k15.8k 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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 2 | $647.5k | — |
| Q4 2022 | 0 | — | 5 | $2.8m | — |
| Q1 2023 | 0 | — | 2 | $184.0k | — |
| Q2 2023 | 0 | — | 1 | $431.9k | — |
| Q3 2023 | 1 | $17.1k | 1 | $304.5k | — |
| Q4 2023 | 1 | $49.6k | 1 | $584.8k | $584.8k |
| Q1 2024 | 1 | $49.5k | 1 | $740.4k | $740.4k |
| Q2 2024 | 1 | $49.9k | 1 | $2.5m | $485.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-13 | Jafari Amir HEAD OF FINANCE AND ADMIN. | Bought plan | $16.7k6.3k shares |
| 2024-05-30 | Ghamsari Nima HEAD OF BLEND, director | Sold plan | $238.6k81.4k shares |
| 2024-05-14 | Ghamsari Nima HEAD OF BLEND, director | Sold | $1.2m427.2k shares |
| 2024-05-13 | Ghamsari Nima HEAD OF BLEND, director | Sold | $780.5k281.8k shares |
| 2024-05-13 | Jafari Amir HEAD OF FINANCE AND ADMIN. | Bought plan | $16.6k5.6k shares |
| 2024-04-24 | Ghamsari Nima HEAD OF BLEND, director | Sold plan | $247.0k100.8k shares |
| 2024-04-12 | Jafari Amir HEAD OF FINANCE AND ADMIN. | Bought plan | $16.6k6.3k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| GENERAL ATLANTIC, L.P. 1.42% of their portfolio | 19.1m $45.2m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.8m $35.0m | Added +5.6m |
| BlackRock Inc. 0.00% of their portfolio | 14.5m $34.3m | Added +12.2m |
| Temasek Holdings (Private) Ltd 0.13% of their portfolio | 11.9m $28.0m | Unchanged |
| GREYLOCK 15 GP LLC 50.33% of their portfolio | 10.0m $23.7m | Unchanged |
| ShawSpring Partners LLC 2.29% of their portfolio | 6.7m $15.9m | Added +2.5m |
| EdgePoint Investment Group Inc. 0.12% of their portfolio | 6.2m $14.7m | Unchanged |
| Metavasi Capital LP 6.53% of their portfolio | 5.0m $11.9m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.5m $10.6m | Added +2.7m |
| Emergence GP Partners, LLC 4.67% of their portfolio | 4.2m $10.0m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 3.5m $8.2m | Added +2.8m |
| J. Goldman & Co LP 0.27% of their portfolio | 3.1m $7.3m | Added +393.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.5m $3.6m | Added +565.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $2.8m | Reduced -777.9k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $2.7m | Reduced -321.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 982.8k $2.3m | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 951.6k $2.2m | Reduced -1.1m |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 932.9k $2.2m | Reduced -121.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 915.3k $2.2m | Reduced -320.0k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 881.4k $2.1m | Reduced -15.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 857.4k $2.0m | Reduced -3.9m |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 780.3k $1.8m | Added +62.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 729.0k $1.7m | Added +319.8k |
| G2 Investment Partners Management LLC 0.43% of their portfolio | 700.0k $1.7m | Reduced -50.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 654.9k $1.5m | Added +638.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 653.7k $1.5m | Reduced -90.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 523.1k $1.2m | Added +375.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 475.5k $1.1m | Added +149.8k |
| LAKE STREET ADVISORS GROUP, LLC 0.05% of their portfolio | 473.4k $1.1m | Unchanged |
| KIM, LLC 0.09% of their portfolio | 370.8k $875.1k | Unchanged |
| Blue Owl Capital Holdings LP 0.24% of their portfolio | 361.6k $853.4k | Unchanged |
| ALLEN OPERATIONS LLC 0.16% of their portfolio | 344.8k $813.6k | Unchanged |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.04% of their portfolio | 343.0k $809.5k | Added +143.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 342.7k $808.7k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 273.4k $645.3k | Added +267.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 272.6k $643.3k | Reduced -1.8m |
| ClariVest Asset Management LLC 0.06% of their portfolio | 252.1k $594.9k | Added +7.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 241.6k $570.2k | New |
| Alpine Global Management, LLC 0.09% of their portfolio | 218.6k $516.0k | New |
| EP Wealth Advisors, LLC 0.01% of their portfolio | 212.8k $502.3k | Added +16.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 207.2k $489.0k | First filing |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 199.6k $471.0k | Reduced -110.6k |
| Cypress Point Wealth Management, LLC 0.22% of their portfolio | 196.6k $464.0k | Reduced -11.6k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 194.1k $458.0k | Added +103.7k |
| Informed Momentum Co LLC 0.07% of their portfolio | 190.7k $450.1k | Reduced -67.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 171.0k $403.6k | Reduced -1.6m |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 165.1k $389.6k | Added +10.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 160.5k $378.9k | Added +25.1k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 124.2k $294.4k | First filing |
| Kingsview Wealth Management, LLC 0.01% of their portfolio | 120.0k $283.3k | Added +25.0k |
| BARCLAYS PLC 0.00% of their portfolio | 112.3k $265.1k | Reduced -7.7k |
| Invesco Ltd. 0.00% of their portfolio | 111.4k $262.9k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 101.3k $239.1k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 101.3k $238.0k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 98.4k $232.2k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 93.5k $220.7k | New |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 93.3k $220.2k | Reduced -44.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 89.5k $211.3k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 86.3k $203.6k | Reduced -211.5k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 86.2k $203.3k | Added +18.7k |
| Graham Capital Management, L.P. 0.01% of their portfolio | 86.1k $203.3k | Added +51.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 85.8k $202.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 81.9k $193.3k | Added +80.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 78.2k $184.5k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 74.4k $175.5k | Reduced -1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 73.6k $0 | New |
| UBS Group AG 0.00% of their portfolio | 69.4k $163.8k | Reduced -126.9k |
| CITIGROUP INC 0.00% of their portfolio | 66.1k $155.9k | Reduced -637.2k |
| EntryPoint Capital, LLC 0.07% of their portfolio | 63.8k $150.6k | Added +5.2k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 61.6k $145.5k | Added +778 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 59.5k $140.5k | New |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 54.2k $128.0k | Unchanged |
| CAXTON ASSOCIATES LP 0.00% of their portfolio | 51.3k $121.0k | Added +32.7k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 50.0k $118.0k | Unchanged |
| State of Wyoming 0.02% of their portfolio | 49.2k $116.1k | Added +32.4k |
| Aigen Investment Management, LP 0.02% of their portfolio | 47.2k $111.3k | New |
| Freestone Capital Holdings, LLC 0.00% of their portfolio | 46.7k $110.2k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 39.9k $94.2k | New |
| ArchPoint Investors 0.03% of their portfolio | 38.3k $90.4k | Unchanged |
| Marathon Trading Investment Management LLC 0.02% of their portfolio | 35.6k $84.0k | Reduced -122.5k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 32.8k $77.3k | Unchanged |
| Caprock Group, LLC 0.00% of their portfolio | 30.0k $70.8k | Unchanged |
| Ballentine Partners, LLC 0.00% of their portfolio | 26.0k $61.4k | Added +405 |
| Legal & General Group Plc 0.00% of their portfolio | 25.6k $60.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 24.7k $58.0k | Reduced -38.1k |
| Corient Private Wealth LP 0.00% of their portfolio | 23.9k $56.4k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 22.9k $55.0k | Reduced -9.2k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 22.6k $53.4k | New |
| FMR LLC 0.00% of their portfolio | 22.6k $53.3k | Reduced -3.1k |
| Adero Partners, LLC 0.00% of their portfolio | 22.2k $52.4k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 22.1k $52.1k | Added +1.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 16.7k $39.5k | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 15.8k $37.2k | New |
| Delta Wealth Advisors LLC 0.04% of their portfolio | 15.4k $36.3k | Unchanged |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 14.8k $35.0k | Added +831 |
| XPONANCE LLC 0.00% of their portfolio | 14.7k $34.6k | New |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 13.7k $32.3k | Unchanged |
| Jasper Ridge Partners, L.P. 0.00% of their portfolio | 13.1k $30.9k | Unchanged |
| DARK FOREST CAPITAL MANAGEMENT LP 0.01% of their portfolio | 13.1k $30.8k | New |
| SFMG, LLC 0.00% of their portfolio | 11.5k $27.1k | Unchanged |