Engaged Capital LLC: BLACKLINE INC (BL): Quarterly 13F Position History
As of Q2 2026, Engaged Capital LLC reported 827,619 shares of BLACKLINE INC (BL), worth $23.2M and representing 7.1% of its 13F equity book. Quarter-over-quarter share count change: 540,000 (-39.5%) . The position first appeared in Q3 2024 and has been disclosed across 8 13F-HR filings in Pactolio's tracked window.
- 827,619Shares Held (Latest Filing)
- $23.2MReported Market Value (Latest Filing)
- 7.1%Portfolio Weight (% of 13F Equity Book)
- 540,000Quarter-over-Quarter Share Change
- -$27.4MQuarter-over-Quarter Value Change
- 1,367,619Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 8 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 827,619 | 540,000 | -39.5% | $23.2M | 7.1% | $28.1 |
| Q1 2026 | 1,367,619 | +284,000 | +26.2% | $50.6M | 16.7% | $37.0 |
| Q4 2025 | 1,083,619 | +629,825 | +138.8% | $59.9M | 15.3% | $55.3 |
| Q3 2025 | 453,794 | +453,794 | – | $24.1M | 5.9% | $53.1 |
| Q2 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2024 | 0 | 609,713 | -100.0% | $0 | 0.0% | – |
| Q3 2024 | 609,713 | – | – | $33.6M | 5.5% | $55.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Engaged Capital LLC first disclose a BL position in 13F-HR filings?
Engaged Capital LLC first reported BLACKLINE INC (BL) on its 13F-HR filing for the period ending 2024-09-30 (Q3 2024). The position has appeared on 8 reported quarters within Pactolio's tracked window.
What was Engaged Capital LLC's most recent quarter-over-quarter share-count change in BL?
Between Q1 2026 and Q2 2026, Engaged Capital LLC reduced its BL position by 540,000 shares (-39.5%), leaving 827,619 shares at a market value of $23.2M.
Does the implied price-per-share represent Engaged Capital LLC's cost basis in BL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.