Blackbaud
BLKB
215 hedge funds and large institutions have $3.27B invested in Blackbaud in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 79 increasing their positions, 74 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
18% more capital invested
Capital invested by funds: $2.77B → $3.27B (+$507M)
7% more funds holding
Funds holding: 201 → 215 (+14)
9% more call options, than puts
Call options by funds: $2.23M | Put options by funds: $2.04M
7% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 74
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$33.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$14.8M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$13.9M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$8.6M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.4M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$11.5M |
| 3 |
RC
RGM Capital
Naples,
Florida
|
-$10.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.4M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$9.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Tudor Investment Corp
Stamford,
Connecticut
| – | -$309K | -5,500 | Closed |
|
|
BKBG
227
BHF Kleinwort Benson Group
Brussels,
Belgium
| – | -$299K | -5,338 | Closed |
|
|
PAM
228
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$258K | -4,596 | Closed |
|
|
NCCM
229
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$224K | -4,000 | Closed |
|
|
IRS
230
Invictus RG (Singapore)
Singapore
| – | -$101K | -1,800 | Closed |
|
231
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$17K | -300 | Closed |
|
|
MGIA
232
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$11K | -200 | Closed |
|
|
W
233
Wealthfront
Palo Alto,
California
| – | -$11K | -198 | Closed |
|
|
SIM
234
Sonora Investment Management
Tucson,
Arizona
| – | -$10K | -180 | Closed |
|
|
CTC
235
Central Trust Company
Jefferson City,
Missouri
| – | -$6K | -104 | Closed |
|
BLKB Hedge Fund Activity: Q4 2015 in Review
215 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q4 2015, worth a combined $3.27B — up 18% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BLKB positions and 19 closed out — a net gain of 15 holders — while 79 added to existing stakes and 74 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $33.5M. The largest seller was AllianceBernstein, cutting an estimated $12.4M.
- 215 institutional investors held Blackbaud (BLKB) as of Q4 2015, up from 201 in Q3 2015.
- Funds reported $3.27B of Blackbaud stock for Q4 2015, up 18% quarter-over-quarter.
- 34 funds opened new Blackbaud positions in Q4 2015 and 19 closed out, a net change of +15 holders.
- The largest Blackbaud buyer in Q4 2015 was Select Equity Group, an estimated $33.5M added.
- The largest Blackbaud seller in Q4 2015 was AllianceBernstein, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2015.