Glenn W. Welling
Engaged Capital
Glenn W. Welling Blackline Inc stake
total: 101
Engaged Capital BL trades
- Total transactions:
- 5
- New positions:
- 2
- Sold out:
- 1
- Added:
- 2
- Held since:
- 2025 Q3
- Held for:
- 3 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Glenn W. Welling holds 1,367,619 Blackline Inc (BL) shares with a market value of roughly $50.60M accounting for 16.68% of the overall portfolio. To date, the estimated cost basis is nearly $50.77 for "buy" trades. Engaged Capital first purchased BL in 2024 Q3, initially acquiring 609,713 shares. Glenn W. Welling later completely sold out the position and invested in Blackline Inc again in 2025 Q3. Since the initial investment in Blackline Inc (BL), Engaged Capital has made 4 more transactions.
When did Glenn W. Welling buy Blackline Inc (BL)?
Glenn W. Welling first invested in Blackline Inc (BL) in 2024 Q3 at the reported quarter-end price of $55.14 per share.
What's the cost basis of Engaged Capital's BL stake?
The estimated cost basis for Blackline Inc (BL) stake is around $50.77 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $50.76
Glenn W. Welling's historical trades in Blackline Inc
5 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
16.68%
|
1,367,619
|
$37.00
|
$50,601,903
|
+26.21% (+284,000)
|
+3.46%
|
|
2025 Q4
|
15.28%
|
1,083,619
|
$55.29
|
$59,913,295
|
+138.79% (+629,825)
|
+8.88%
|
|
2025 Q3
|
5.91%
|
453,794
|
$53.10
|
$24,096,461
|
new
|
+5.91%
|
|
2024 Q4
|
0.00%
|
0
|
$55.14
|
|
-100% (-609,713)
|
-5.45%
|
|
2024 Q3
|
5.45%
|
609,713
|
$55.14
|
$33,619,575
|
new
|
+5.45%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.