Blackbaud
BLKB
277 hedge funds and large institutions have $3.49B invested in Blackbaud in 2024 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 84 increasing their positions, 101 reducing their positions, and 36 closing their positions.
0.73% less ownership
Funds ownership: 93.74% → 93% (-0.73%)
6% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 36
2% less funds holding
Funds holding: 283 → 277 (-6)
15% less capital invested
Capital invested by funds: $4.1B → $3.49B (-$611M)
17% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 101
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less call options, than puts
Call options by funds: $849K | Put options by funds: $1.32M
Top Buyers
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$11.7M |
| 2 |
Bank of New York Mellon
New York
|
+$11.5M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$8.97M |
| 4 |
JP Morgan Chase
New York
|
+$8.18M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$7.47M |
Top Sellers
| 1 |
PCP
P2 Capital Partners
New York
|
-$46M |
| 2 |
ClearBridge Investments
New York
|
-$25.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$14.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$14.2M |
BLKB Hedge Fund Activity: Q4 2024 in Review
277 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q4 2024, worth a combined $3.49B — down 15% from $4.1B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of BLKB and 34 opened new positions — a net loss of 2 holders — while 101 trimmed existing stakes and 84 added.
The largest buyer was Penn Capital Management, opening a new position worth an estimated $11.7M. The largest seller was P2 Capital Partners, cutting an estimated $46M.
- 277 institutional investors held Blackbaud (BLKB) as of Q4 2024, down from 283 in Q3 2024.
- Funds reported $3.49B of Blackbaud stock for Q4 2024, down 15% quarter-over-quarter.
- 34 funds opened new Blackbaud positions in Q4 2024 and 36 closed out, a net change of -2 holders.
- The largest Blackbaud buyer in Q4 2024 was Penn Capital Management, an estimated $11.7M added.
- The largest Blackbaud seller in Q4 2024 was P2 Capital Partners, an estimated $46M sold.
Based on aggregated 13F filings for Q4 2024.