Blackbaud
BLKB
161 hedge funds and large institutions have $1.78B invested in Blackbaud in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 63 reducing their positions, and 15 closing their positions.
241% more call options, than puts
Call options by funds: $976K | Put options by funds: $286K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
24% more capital invested
Capital invested by funds: $1.44B → $1.78B (+$341M)
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
1% more funds holding
Funds holding: 159 → 161 (+2)
16% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$43.3M |
| 2 |
RC
RGM Capital
Naples,
Florida
|
+$31.3M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$15.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$13.5M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$9.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$35.1M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$21.9M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$6.91M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.94M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$3.84M |
BLKB Hedge Fund Activity: Q2 2014 in Review
161 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2014, worth a combined $1.78B — up 24% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BLKB positions and 15 closed out — a net gain of 2 holders — while 53 added to existing stakes and 63 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $43.3M. The largest seller was Macquarie Group, cutting an estimated $35.1M.
- 161 institutional investors held Blackbaud (BLKB) as of Q2 2014, up from 159 in Q1 2014.
- Funds reported $1.78B of Blackbaud stock for Q2 2014, up 24% quarter-over-quarter.
- 17 funds opened new Blackbaud positions in Q2 2014 and 15 closed out, a net change of +2 holders.
- The largest Blackbaud buyer in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $43.3M added.
- The largest Blackbaud seller in Q2 2014 was Macquarie Group, an estimated $35.1M sold.
Based on aggregated 13F filings for Q2 2014.