Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Blend Labs Inc (BLND)

182 + Investors. Track Smart Money conviction in BLND. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
3Q ▼
Buyers last Q
45%

Smart Money Signals — BLND

Based on 184 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their BLND positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 89% of 3.0Y peak

89% of all-time peak
184 funds currently hold this stock — 89% of the 3.0-year high of 206 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
10 fewer hedge funds hold BLND compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 45% buying

88 buying106 selling
Last quarter: 106 funds reduced or exited vs 88 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 39 → 34 → 38 → 32. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 31% medium ■ 25% new
81 out of 184 hedge funds have held BLND for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~32 new funds/quarter

33 → 39 → 34 → 38 → 32 new funds/Q
New funds entering each quarter: 39 → 34 → 38 → 32. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 51% veterans vs 29% newcomers

■ 51% veterans ■ 20% 1-2yr ■ 29% new
Entry-cohort mix of 188 holders: 95 (51%) are 2+ year veterans, 38 entered 1–2 years ago, and 55 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
42 of 183 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BLND

In 2026 Q2, 88 hedge funds were net buyers of BLND (32 opened a new position, 56 added to an existing one), while 106 reduced or exited (67 trimmed, 39 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 32% of total institutional value in BLND is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 184.

Hedge Fund Ownership: BLND

How many hedge funds hold BLND — quarterly history vs. share price
Quarterly hedge fund ownership of BLND vs. share price

Market Analysis: BLND

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BLND

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 4 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: BLND
182 + Investors

Track Smart Money conviction in BLND. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 182 191 -4.71%
13F Shares 152M 159M -4.67%
Total Value $260M $270M -3.57%
New Positions 32 38 -6
Increased Positions 55 64 -9
Closed Positions 40 41 -1
Reduced Positions 65 52 +13
Total Calls 4 3 33.33%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.25 0.67 Bullish

Statistics: BLND

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Valuation Measures Data as of: --

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Financial Highlights

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Institutional Holders (2026 Q2)

182 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BLND. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BLND holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Haveli Investment Management LLC 17.77% 18,693,667 $32.0M
2 Whitebark Investors LP 8.38% 6,343,497 $10.8M
3 Emergence GP Partners, LLC 6.46% 4,244,379 $7.3M
4 Cypress Point Investment Management LP 4.43% 14,297,425 $24.4M
5 Pathway Capital Management, LP 1.53% 214,209 $366K
6 Capricorn Fund Managers Ltd 1.53% 11,314,649 $19.3M
7 8VC Opportunities GP II, LLC 1.09% 4,975,791 $8.5M
8 Prospect Capital Advisors, LLC 0.85% 1,100,300 $1.9M
9 Kazazian Asset Management, LLC 0.75% 488,683 $836K
10 Panoramic Capital, LLC 0.57% 772,689 $1.3M
11 Potrero Capital Research LLC 0.36% 379,274 $649K
12 Essex Investment Management Co LLC 0.28% 1,254,746 $2.1M
13 Irenic Capital Management LP 0.19% 2,284,101 $3.9M
14 Rice Hall James & Associates, LLC 0.13% 1,560,021 $2.7M
15 EntryPoint Capital, LLC 0.10% 63,800 $151K
16 Allen Operations LLC 0.08% 344,761 $590K
17 Cypress Point Wealth Management, LLC 0.08% 225,843 $386K
18 Mount Lucas Management LP 0.06% 100,000 $171K
19 Legato Capital Management LLC 0.06% 417,547 $714K
20 Militia Capital Management LLC 0.05% 300,000 $510K
21 Hyperion Capital Advisors LP 0.02% 29,848 $51K
22 New Insight Wealth Advisors 0.02% 45,355 $78K
23 Quadrant Private Wealth Management, LLC 0.02% 58,402 $100K
24 Prelude Capital Management, LLC 0.02% 157,359 $269K
25 Caitong International Asset Management Co., Ltd 0.02% 81,633 $140K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Blend Labs Inc (BLND)

What does the Smart Money Trend signal show for BLND?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their BLND positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BLND?

More sellers than buyers — 45% buying: Last quarter: 106 funds reduced or exited vs 88 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BLND holders?

Strong quality — 32% AUM from major funds: 42 of 183 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BLND?

44% of holders stayed for 2+ years: 81 out of 184 hedge funds have held BLND for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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