Blackbaud
BLKB
234 hedge funds and large institutions have $4.05B invested in Blackbaud in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 78 increasing their positions, 84 reducing their positions, and 38 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $3.18B → $4.05B (+$868M)
0.37% more ownership
Funds ownership: 104.12% → 104.49% (+0.37%)
5% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 38
7% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 84
2% less funds holding
Funds holding: 238 → 234 (-4)
47% less call options, than puts
Call options by funds: $1.67M | Put options by funds: $3.13M
Top Buyers
Top Sellers
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$35.6M |
| 2 |
Goldman Sachs
New York
|
-$29.2M |
| 3 |
Select Equity Group
New York
|
-$22.1M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$15.6M |
| 5 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$12.6M |
BLKB Hedge Fund Activity: Q1 2019 in Review
234 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2019, worth a combined $4.05B — up 27% from $3.18B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BLKB and 36 opened new positions — a net loss of 2 holders — while 84 trimmed existing stakes and 78 added.
The largest buyer was Janus Henderson Group, adding an estimated $62.3M. The largest seller was GW&K Investment Management, exiting entirely with an estimated $35.6M sold.
- 234 institutional investors held Blackbaud (BLKB) as of Q1 2019, down from 238 in Q4 2018.
- Funds reported $4.05B of Blackbaud stock for Q1 2019, up 27% quarter-over-quarter.
- 36 funds opened new Blackbaud positions in Q1 2019 and 38 closed out, a net change of -2 holders.
- The largest Blackbaud buyer in Q1 2019 was Janus Henderson Group, an estimated $62.3M added.
- The largest Blackbaud seller in Q1 2019 was GW&K Investment Management, an estimated $35.6M sold.
Based on aggregated 13F filings for Q1 2019.