Blackbaud
BLKB
279 hedge funds and large institutions have $2.94B invested in Blackbaud in 2025 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 102 reducing their positions, and 37 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 37
3.34% more ownership
Funds ownership: 93% → 96.34% (+3.3%)
1% more funds holding
Funds holding: 277 → 279 (+2)
11% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 102
16% less capital invested
Capital invested by funds: $3.49B → $2.94B (-$544M)
59% less call options, than puts
Call options by funds: $242K | Put options by funds: $595K
Top Buyers
| 1 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$35.8M |
| 2 |
CC
Clearline Capital
New York
|
+$21.8M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.4M |
| 4 |
Morgan Stanley
New York
|
+$14M |
| 5 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$13.7M |
Top Sellers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$54.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$25.3M |
| 3 |
PCP
P2 Capital Partners
New York
|
-$22.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.2M |
BLKB Hedge Fund Activity: Q1 2025 in Review
279 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2025, worth a combined $2.94B — down 16% from $3.49B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BLKB positions and 37 closed out — a net gain of 6 holders — while 91 added to existing stakes and 102 trimmed.
The largest buyer was Greenhouse Funds, opening a new position worth an estimated $35.8M. The largest seller was Janus Henderson Group, cutting an estimated $54.3M.
- 279 institutional investors held Blackbaud (BLKB) as of Q1 2025, up from 277 in Q4 2024.
- Funds reported $2.94B of Blackbaud stock for Q1 2025, down 16% quarter-over-quarter.
- 43 funds opened new Blackbaud positions in Q1 2025 and 37 closed out, a net change of +6 holders.
- The largest Blackbaud buyer in Q1 2025 was Greenhouse Funds, an estimated $35.8M added.
- The largest Blackbaud seller in Q1 2025 was Janus Henderson Group, an estimated $54.3M sold.
Based on aggregated 13F filings for Q1 2025.