Engaged Capital LLC — BLACKLINE INC BL: Quarterly 13F Position History
Engaged Capital LLC has reported BLACKLINE INC (BL) on 7 13F-HR filings in Pactolio's tracked window, first appearing in Q3 2024. As of Q1 2026, the position is sized at 1,367,619 shares ($50.6M market value, 16.68% of the equity book). Quarter-over-quarter share count change: + 284,000 (+26.2%) .
- 1,367,619Shares Held (Latest Filing)
- $50.6MReported Market Value (Latest Filing)
- 16.68%Portfolio Weight (% of 13F Equity Book)
- +284,000Quarter-over-Quarter Share Change
- -$9.3MQuarter-over-Quarter Value Change
- 1,367,619Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,367,619 | +284,000 | +26.2% | $50.6M | 16.68% | $37.00 |
| Q4 2025 | 1,083,619 | +629,825 | +138.8% | $59.9M | 15.28% | $55.29 |
| Q3 2025 | 453,794 | +453,794 | — | $24.1M | 5.91% | $53.10 |
| Q2 2025 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2025 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2024 | 0 | 609,713 | -100.0% | $0 | 0.00% | — |
| Q3 2024 | 609,713 | — | — | $33.6M | 5.45% | $55.14 |
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, not 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 7 reported quarters within Pactolio's tracked window.
What was Engaged Capital LLC's most recent quarter-over-quarter share-count change in BL?
Between Q4 2025 and Q1 2026, Engaged Capital LLC added 284,000 shares of BL (+26.2%), bringing the total reported position to 1,367,619 shares at a market value of $50.6M.
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.