Blackbaud
BLKB
154 hedge funds and large institutions have $1.78B invested in Blackbaud in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 12 closing their positions.
167% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 12
15% more capital invested
Capital invested by funds: $1.54B → $1.78B (+$239M)
14% more funds holding
Funds holding: 135 → 154 (+19)
11% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 55
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$15.3M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$10.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.94M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.58M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$64.4M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$21.1M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$17.7M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$17.1M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$5.92M |
BLKB Hedge Fund Activity: Q3 2013 in Review
154 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2013, worth a combined $1.78B — up 15% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BLKB positions and 12 closed out — a net gain of 20 holders — while 49 added to existing stakes and 55 trimmed.
The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $15.3M. The largest seller was Generation Investment Management, cutting an estimated $64.4M.
- 154 institutional investors held Blackbaud (BLKB) as of Q3 2013, up from 135 in Q2 2013.
- Funds reported $1.78B of Blackbaud stock for Q3 2013, up 15% quarter-over-quarter.
- 32 funds opened new Blackbaud positions in Q3 2013 and 12 closed out, a net change of +20 holders.
- The largest Blackbaud buyer in Q3 2013 was ArrowMark Colorado Holdings, an estimated $15.3M added.
- The largest Blackbaud seller in Q3 2013 was Generation Investment Management, an estimated $64.4M sold.
Based on aggregated 13F filings for Q3 2013.