Blackbaud
BLKB
220 hedge funds and large institutions have $3.4B invested in Blackbaud in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 78 increasing their positions, 83 reducing their positions, and 30 closing their positions.
111.71% more ownership
Funds ownership: 0% → 111.71% (+112%)
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
1% more capital invested
Capital invested by funds: $3.35B → $3.4B (+$47.3M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 83
1% less funds holding
Funds holding: 223 → 220 (-3)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $339K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$112M |
| 2 |
JP Morgan Chase
New York
|
+$36M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$26.8M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$26.5M |
| 5 |
Neuberger Berman Group
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$41.6M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$25.3M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$21.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.48M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.68M |
BLKB Hedge Fund Activity: Q4 2016 in Review
220 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q4 2016, worth a combined $3.4B — up 1.4% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BLKB positions and 30 closed out — a net gain of 1 holder — while 78 added to existing stakes and 83 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $112M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $41.6M sold.
- 220 institutional investors held Blackbaud (BLKB) as of Q4 2016, down from 223 in Q3 2016.
- Funds reported $3.4B of Blackbaud stock for Q4 2016, up 1.4% quarter-over-quarter.
- 31 funds opened new Blackbaud positions in Q4 2016 and 30 closed out, a net change of +1 holder.
- The largest Blackbaud buyer in Q4 2016 was Wellington Management Group, an estimated $112M added.
- The largest Blackbaud seller in Q4 2016 was TimesSquare Capital Management, an estimated $41.6M sold.
Based on aggregated 13F filings for Q4 2016.