BLNDNYSEServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
Blend Labs, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$0.99+0.09 (+9.63%)
Close on Oct 19, 2026
- Market cap
- $236.74M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
64.3%
152M of 237M shares
Institutional holders
184
29 new, 37 sold out
Net institutional buying
-7M
In Q2 2026
Insider trades, 12 months
34 buys · 12 sales
Net bought $33.20M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Brian N. Sheth | 64,327,502 | 22.60% | 13D (active) amendment | Jun 10, 2026 |
| BlackRock, Inc. | 17,683,488 | 7.10% | 13G (passive) | Sep 30, 2024 |
| Nima Ghamsari | 15,207,101 | 5.95% | 13G (passive) amendment | Dec 31, 2023 |
| Capricorn Fund Managers Ltd | 13,280,549 | 5.60% | 13G (passive) | Sep 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BLND | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Haveli Investment Management LLC | 18,693,667 | 7.90% | $31.97M | +7,844,794 | 17.77% |
| BlackRock, Inc. | 15,579,341 | 6.59% | $26.64M | −707,844 | 0.00% |
| Cypress Point Investment Management LP | 14,297,425 | 6.05% | $24.45M | −239,747 | 4.43% |
| Capricorn Fund Managers Ltd | 11,314,649 | 4.78% | $19.35M | +4,815,142 | 1.53% |
| Vanguard Capital Management LLC | 8,486,286 | 3.59% | $14.51M | −1,166,160 | 0.00% |
| Whitebark Investors LP | 6,343,497 | 2.68% | $10.85M | – | 8.38% |
| Vanguard Portfolio Management LLC | 6,216,044 | 2.63% | $10.63M | −486,903 | 0.00% |
| State Street Corp | 6,174,857 | 2.61% | $10.56M | −123,453 | 0.00% |
| Geode Capital Management, LLC | 5,080,868 | 2.15% | $8.69M | +240,478 | 0.00% |
| Citadel Advisors LLC | 5,062,868 | 2.14% | $8.66M | +370,351 | 0.00% |
| 8VC Opportunities GP II, LLC | 4,975,791 | 2.10% | $8.51M | New | 1.09% |
| Marshall Wace, Llp | 4,779,108 | 2.02% | $8.17M | +3,047,752 | 0.01% |
| Emergence GP Partners, LLC | 4,244,379 | 1.79% | $7.26M | – | 6.46% |
| Millennium Management LLC | 3,489,742 | 1.48% | $5.97M | +3,270,822 | 0.00% |
| Jacobs Levy Equity Management, Inc | 2,518,765 | 1.06% | $4.31M | +353,399 | 0.02% |
| Irenic Capital Management LP | 2,284,101 | 0.97% | $3.91M | +79,901 | 0.19% |
| Goldman Sachs Group Inc | 2,136,709 | 0.90% | $3.65M | −462,468 | 0.00% |
| Jane Street Group, LLC | 1,814,374 | 0.77% | $3.10M | −56,496 | 0.00% |
| Northern Trust Corp | 1,735,616 | 0.73% | $2.97M | −165,421 | 0.00% |
| Rice Hall James & Associates, LLC | 1,560,021 | 0.66% | $2.67M | +553,732 | 0.13% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 184 | 152M | 64.3% | 29 / 56 | 68 / 37 | 31M | 38M |
| Q1 2026 | 195 | 159M | 67.3% | 38 / 66 | 55 / 32 | 40M | 30M |
| Q4 2025 | 195 | 168M | 71.0% | 34 / 54 | 74 / 41 | 39M | 29M |
| Q3 2025 | 205 | 158M | 66.7% | 37 / 58 | 72 / 25 | 20M | 20M |
| Q2 2025 | 195 | 158M | 66.7% | 34 / 62 | 62 / 31 | 20M | 13M |
| Q1 2025 | 196 | 151M | 63.7% | 41 / 63 | 54 / 40 | 23M | 31M |
| Q4 2024 | 199 | 160M | 67.5% | 55 / 71 | 38 / 17 | 55M | 31M |
| Q3 2024 | 165 | 146M | 61.7% | 65 / 52 | 20 / 16 | 54M | 19M |
| Q2 2024 | 118 | 126M | 53.1% | 27 / 32 | 28 / 37 | 34M | 19M |
| Q1 2024 | 129 | 127M | 53.8% | 32 / 50 | 18 / 13 | 21M | 10M |
| Q4 2023 | 110 | 116M | 49.2% | 35 / 32 | 14 / 8 | 28M | 5M |
| Q3 2023 | 85 | 109M | 45.9% | 12 / 13 | 29 / 20 | 5M | 11M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BLND | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 5,884,916 | 2.49% | $10.06M | 0.00% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 5,151,651 | 2.18% | $9.22M | 0.01% | May 31, 2026 |
| iShares Russell 2000 ETF | 4,946,596 | 2.09% | $8.46M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 2,404,441 | 1.02% | $4.11M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 2,012,070 | 0.85% | $3.58M | 0.01% | Jul 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Software & Services ETF | 1,769,520 | 0.75% | $3.03M | 0.75% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 1,475,172 | 0.62% | $2.52M | 0.02% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 1,170,633 | 0.49% | $2.10M | 0.00% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 1,062,012 | 0.45% | $1.90M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 1,012,827 | 0.43% | $1.81M | 0.01% | May 31, 2026 |
| iShares Micro-Cap ETF | 612,048 | 0.26% | $1.05M | 0.07% | Jun 30, 2026 |
| 1290 Essex Small Cap Growth Fund | 476,049 | 0.20% | $847.37K | 0.73% | Jul 31, 2026 |
| Schwab Small-Cap Index Fund | 460,845 | 0.19% | $820.30K | 0.01% | Jul 31, 2026 |
| Fidelity Total Market Index Fund | 422,768 | 0.18% | $756.75K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 340,570 | 0.14% | $609.62K | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Nima Ghamsari | HEAD OF BLEND, Director | 10,584,223 | 4.48% | Sep 30, 2026 |
| Lina Rivas | Principal Accounting Officer | – | – | Sep 21, 2026 |
| Srinivasan Venkatramani | Head of Product Tech & Cust Op | 236,563 | 0.10% | Sep 15, 2026 |
| Matthew Christopher Thomson | Head of Revenue | 135,812 | 0.06% | Aug 24, 2026 |
| Oxana Tkach | PRINCIPAL ACCOUNTING OFFICER | 123,071 | 0.05% | Aug 24, 2026 |
| Jason Ream | Head of Finance and Admin. | 416,074 | 0.18% | Aug 24, 2026 |
| Winnie Ling | HEAD OF LEGAL AND PEOPLE | 516,328 | 0.22% | Aug 24, 2026 |
| Brian Kneafsey | Head of Revenue | 649,824 | 0.27% | Jan 20, 2026 |
| Amir Jafari | HEAD OF FINANCE AND ADMIN. | 1,074,788 | 0.45% | May 22, 2025 |
| Haveli Investments Software Fund I GP, LLC | Director, 10% owner | 18,823,657 | 7.96% | Aug 19, 2026 |
| Brian Niranjan Sheth | Director, 10% owner | 18,841,054 | 7.97% | Aug 19, 2026 |
| Haveli Brooks Aggregator, L.P. | Director, 10% owner | 10,978,873 | 4.64% | Aug 19, 2026 |
| Investment Management LLC Haveli | Director, 10% owner | 14,458,382 | 6.11% | Aug 19, 2026 |
| Haveli Investments, L.P. | Director, 10% owner | 2,190,925 | 0.93% | Aug 19, 2026 |
| Interests LLC Whanau | Director, 10% owner | 8,216,919 | 3.47% | Aug 19, 2026 |
| Software Management LLC Haveli | Director, 10% owner | 16,547,794 | 7.00% | Aug 19, 2026 |
| Gerald C. Chen | Director | 639,468 | 0.27% | Jun 22, 2026 |
| Eric H. Woersching | Director | 80,000 | 0.03% | Jun 22, 2026 |
| Erin N. Lantz | Director | 137,760 | 0.06% | Jun 22, 2026 |
| Timothy J. Mayopoulos | Director | 431,130 | 0.18% | Jun 22, 2026 |
| Bryan Edmund Sullivan | Director | 100,000 | 0.04% | Jun 22, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Nima Ghamsari HEAD OF BLEND, Director | Sep 28, 2026 | Sale(10b5-1 plan) | −22,523 | $1.10 | $24.78K | 7,827,838 |
| Nima Ghamsari HEAD OF BLEND, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −21,009 | $1.19 | $25.00K | 7,850,361 |
| Nima Ghamsari HEAD OF BLEND, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −17,731 | $1.43 | $25.36K | 7,871,370 |
| Srinivasan Venkatramani Head of Product Tech & Cust Op | Sep 11, 2026 | Sale(10b5-1 plan) | −74,705 | $1.43 | $106.83K | 236,563 |
| Srinivasan Venkatramani Head of Product Tech & Cust Op | Aug 20, 2026 | Tax withholding | −29,372 | $1.50 | $44.06K | 311,268 |
| Srinivasan Venkatramani Head of Product Tech & Cust Op | Aug 20, 2026 | Option exercise | +81,250 | – | – | 340,640 |
| Nima Ghamsari HEAD OF BLEND, Director | Aug 20, 2026 | Option exercise | +125,000 | – | – | 8,016,573 |
| Nima Ghamsari HEAD OF BLEND, Director | Aug 20, 2026 | Option exercise | +114,229 | – | – | 8,130,802 |
| Nima Ghamsari HEAD OF BLEND, Director | Aug 20, 2026 | Tax withholding | −241,701 | $1.50 | $362.55K | 7,889,101 |
| Nima Ghamsari HEAD OF BLEND, Director | Aug 20, 2026 | Option exercise | +375,000 | – | – | 7,891,573 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | Aug 20, 2026 | Tax withholding | −10,667 | $1.50 | $16.00K | 123,071 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | Aug 20, 2026 | Option exercise | +12,500 | – | – | 133,738 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | Aug 20, 2026 | Option exercise | +25,000 | – | – | 121,238 |
| Winnie Ling HEAD OF LEGAL AND PEOPLE | Aug 20, 2026 | Option exercise | +31,250 | – | – | 516,328 |
| Winnie Ling HEAD OF LEGAL AND PEOPLE | Aug 20, 2026 | Tax withholding | −25,385 | $1.50 | $38.08K | 530,107 |
| Winnie Ling HEAD OF LEGAL AND PEOPLE | Aug 20, 2026 | Option exercise | +39,164 | – | – | 555,492 |
| Matthew Christopher Thomson Head of Revenue | Aug 20, 2026 | Tax withholding | −24,350 | $1.50 | $36.53K | 135,812 |
| Matthew Christopher Thomson Head of Revenue | Aug 20, 2026 | Option exercise | +100,000 | – | – | 160,162 |
| Jason Ream Head of Finance and Admin. | Aug 20, 2026 | Tax withholding | −133,926 | $1.50 | $200.89K | 416,074 |
| Jason Ream Head of Finance and Admin. | Aug 20, 2026 | Option exercise | +550,000 | – | – | 550,000 |
| Brian Niranjan Sheth Director, 10% owner | Aug 17, 2026 | Buy | +17,397 | $1.44 | $25.05K | 18,711,054 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | Aug 17, 2026 | Sale(10b5-1 plan) | −21,209 | $1.45 | $30.75K | 96,238 |
| Matthew Christopher Thomson Head of Revenue | Aug 5, 2026 | Sale(10b5-1 plan) | −15,041 | $2.00 | $30.08K | 60,162 |
| Haveli Investments Software Fund I GP, LLC Director, 10% owner | Jun 15, 2026 | Buy | +650,000 | $1.72 | $1.12M | 18,693,657 |
| Haveli Investments Software Fund I GP, LLC Director, 10% owner | Jun 12, 2026 | Buy | +256,928 | $1.70 | $436.78K | 18,043,657 |
| Haveli Investments Software Fund I GP, LLC Director, 10% owner | Jun 11, 2026 | Buy | +250,000 | $1.74 | $435.00K | 17,786,729 |
| Eric H. Woersching Director | Jun 11, 2026 | Option exercise | +50,000 | – | – | 80,000 |
| Timothy J. Mayopoulos Director | Jun 11, 2026 | Option exercise | +50,000 | – | – | 431,130 |
| Bryan Edmund Sullivan Director | Jun 11, 2026 | Option exercise | +50,000 | – | – | 100,000 |
| Erin N. Lantz Director | Jun 11, 2026 | Option exercise | +50,000 | – | – | 137,760 |
| Gerald C. Chen Director | Jun 11, 2026 | Option exercise | +50,000 | – | – | 137,760 |
| Brian Niranjan Sheth Director, 10% owner | Jun 10, 2026 | Buy | +723,460 | $1.67 | $1.21M | 17,536,729 |
| Brian Niranjan Sheth Director, 10% owner | Jun 9, 2026 | Buy | +178,677 | $1.70 | $303.75K | 16,813,269 |
| Brian Niranjan Sheth Director, 10% owner | Jun 8, 2026 | Buy | +216,798 | $1.70 | $368.56K | 16,634,592 |
| Software Management LLC Haveli Director, 10% owner | Jun 5, 2026 | Buy | +28,299 | $1.60 | $45.28K | 16,417,794 |
| Software Management LLC Haveli Director, 10% owner | Jun 3, 2026 | Buy | +240,307 | $1.56 | $374.88K | 16,389,495 |
| Brian Niranjan Sheth Director, 10% owner | May 27, 2026 | Buy | +1,600 | $1.49 | $2.38K | 16,149,188 |
| Brian Niranjan Sheth Director, 10% owner | May 26, 2026 | Buy | +243,805 | $1.46 | $355.96K | 16,147,588 |
| Brian Niranjan Sheth Director, 10% owner | May 22, 2026 | Buy | +798,223 | $1.48 | $1.18M | 15,903,783 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | May 22, 2026 | Sale(10b5-1 plan) | −5,625 | $1.57 | $8.83K | 117,447 |
| Haveli Investments Software Fund I GP, LLC Director, 10% owner | May 21, 2026 | Buy | +8,117 | $1.50 | $12.18K | 15,105,560 |
| Srinivasan Venkatramani Head of Product Tech & Cust Op | May 20, 2026 | Tax withholding | −29,372 | $1.48 | $43.47K | 259,390 |
| Srinivasan Venkatramani Head of Product Tech & Cust Op | May 20, 2026 | Option exercise | +81,250 | – | – | 288,762 |
| Matthew Christopher Thomson Head of Revenue | May 20, 2026 | Option exercise | +100,000 | – | – | 100,000 |
| Matthew Christopher Thomson Head of Revenue | May 20, 2026 | Tax withholding | −24,797 | $1.48 | $36.70K | 75,203 |
| Winnie Ling HEAD OF LEGAL AND PEOPLE | May 20, 2026 | Option exercise | +31,250 | – | – | 471,299 |
| Winnie Ling HEAD OF LEGAL AND PEOPLE | May 20, 2026 | Option exercise | +39,164 | – | – | 510,463 |
| Winnie Ling HEAD OF LEGAL AND PEOPLE | May 20, 2026 | Tax withholding | −25,385 | $1.48 | $37.57K | 485,078 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | May 20, 2026 | Option exercise | +25,000 | – | – | 121,238 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | May 20, 2026 | Option exercise | +12,500 | – | – | 133,738 |
| Oxana Tkach PRINCIPAL ACCOUNTING OFFICER | May 20, 2026 | Tax withholding | −10,666 | $1.48 | $15.79K | 123,072 |
| Nima Ghamsari HEAD OF BLEND, Director | May 20, 2026 | Option exercise | +114,229 | – | – | 7,758,274 |
| Nima Ghamsari HEAD OF BLEND, Director | May 20, 2026 | Option exercise | +125,000 | – | – | 7,644,045 |
| Nima Ghamsari HEAD OF BLEND, Director | May 20, 2026 | Option exercise | +375,000 | – | – | 7,519,045 |
| Nima Ghamsari HEAD OF BLEND, Director | May 20, 2026 | Tax withholding | −241,701 | $1.48 | $357.72K | 7,516,573 |
| Haveli Investments Software Fund I GP, LLC Director, 10% owner | May 20, 2026 | Buy | +185,611 | $1.50 | $278.42K | 15,097,443 |
| Haveli Investments Software Fund I GP, LLC Director, 10% owner | May 19, 2026 | Buy | +583,450 | $1.49 | $869.34K | 14,911,832 |
| Investment Management LLC Haveli Director, 10% owner | May 18, 2026 | Buy | +2,177 | $1.47 | $3.20K | 14,328,382 |
| Investment Management LLC Haveli Director, 10% owner | May 15, 2026 | Buy | +525,697 | $1.45 | $762.26K | 14,326,205 |
| Investment Management LLC Haveli Director, 10% owner | May 14, 2026 | Buy | +1,000,000 | $1.33 | $1.33M | 13,800,508 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Nima Ghamsari Officer, Director | Oct 13, 2026 | 25,098 | $24.47K | Oct 12, 2026 | Restricted Stock Lapse |
| Nima Ghamsari Officer, Director | Oct 5, 2026 | 24,272 | $24.65K | Oct 5, 2026 | Restricted Stock Lapse |
| Nima Ghamsari Officer, Director | Sep 28, 2026 | 22,523 | $24.82K | Sep 28, 2026 | Restricted Stock Lapse |
| Nima Ghamsari Officer, Director | Sep 21, 2026 | 21,009 | $25.02K | Sep 21, 2026 | Restricted Stock Lapse |
| Nima Ghamsari Officer, Director | Sep 14, 2026 | 17,731 | $25.27K | Sep 14, 2026 | Restricted Stock Lapse |
| Srinivasan Venkatramani Officer | Sep 11, 2026 | 74,705 | $106.85K | Sep 11, 2026 | Restricted Stock Lapse |
| Oxana Tkach Officer | Aug 17, 2026 | 21,209 | $30.69K | Aug 17, 2026 | Restricted Stock Lapse |
| Matthew Christopher Thomson Officer | Aug 5, 2026 | 15,041 | $30.14K | Aug 5, 2026 | Restricted Stock Lapse |
| Oxana Tkach Officer | May 22, 2026 | 5,625 | $8.83K | May 22, 2026 | Restricted Stock Lapse |
| Oxana Tkach Officer | Feb 24, 2026 | 5,625 | $8.96K | Feb 24, 2026 | Restricted Stock Lapse |
| Brian Kneafsey Officer | Jan 15, 2026 | 100,000 | $305.68K | Jan 15, 2026 | Exercise and Hold |
| Oxana Tkach Officer | Jan 7, 2026 | 2,500 | $7.73K | Jan 7, 2026 | Restricted Stock Lapse |
| Brian Kneafsey Officer | Dec 15, 2025 | 25,000 | $76.49K | Dec 15, 2025 | Exercise and Hold |
| Brian Kneafsey Officer | Nov 17, 2025 | 25,000 | $74.73K | Nov 17, 2025 | Exercise and Hold |
| Winnie Ling Officer | Oct 20, 2025 | 4,000 | $14.00K | Oct 20, 2025 | Restricted Stock Lapse |