Blend Labs, Inc.
US ˙ NYSE

SecurityBLND / Blend Labs, Inc.
InstitutionFranklin Resources Inc
Latest Disclosed Ownership645,906 shares
Latest Disclosed Value $ 1,098,040
Franklin Resources Inc reports 17.00% increase in ownership of BLND / Blend Labs, Inc.

On May 13, 2026 - Franklin Resources Inc filed a 13F-HR form disclosing ownership of 645,906 shares of Blend Labs, Inc. (US:BLND) valued at $1,098,040 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 552,055 shares of Blend Labs, Inc.. This represents a change in shares of 17.00% during the quarter. The current value of the position is $1,026,991 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F BLEND LABS CL A 09352U108 645,906 93,851 17.00 1,098 -34.56 0.0000
2026-02-11 2025-12-31 13F BLEND LABS CL A 09352U108 552,055 -94,444 -14.61 1,678 -28.87 0.0004
2025-11-13 2025-09-30 13F BLEND LABS CL A 09352U108 646,499 -3,045 -0.47 2,360 10.08 0.0006
2025-08-12 2025-06-30 13F BLEND LABS CL A 09352U108 649,544 996 0.15 2,143 -1.34 0.0006
2025-05-13 2025-03-31 13F BLEND LABS CL A 09352U108 648,548 66,405 11.41 2,173 -11.35 0.0006
2025-02-12 2024-12-31 13F BLEND LABS CL A 09352U108 582,143 -83,487 -12.54 2,451 -0.49 0.0007
2024-11-27 2024-09-30 13F/A-1 BLEND LABS CL A 09352U108 665,630 665,630 2,463 0.0007
2024-11-12 2024-09-30 13F BLEND LABS CL A 09352U108 665,630 665,630 2,463 0.0001
2022-11-14 2022-09-30 13F BLEND LABS CL A 09352U108 0 -10,932 -100.00 0 -100.00
2022-08-11 2022-06-30 13F BLEND LABS CL A 09352U108 10,932 -8,622 -44.09 26 -76.58 0.0000
2022-05-13 2022-03-31 13F BLEND LABS CL A 09352U108 19,554 19,554 111 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.