Blackbaud
BLKB
164 hedge funds and large institutions have $1.95B invested in Blackbaud in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 71 reducing their positions, and 7 closing their positions.
512% more call options, than puts
Call options by funds: $263K | Put options by funds: $43K
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
9% more capital invested
Capital invested by funds: $1.78B → $1.95B (+$167M)
2% more funds holding
Funds holding: 161 → 164 (+3)
31% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$17.9M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$14.9M |
| 3 |
RC
RGM Capital
Naples,
Florida
|
+$8.26M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$7.95M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$35.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$13.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$6.53M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.92M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.72M |
BLKB Hedge Fund Activity: Q3 2014 in Review
164 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2014, worth a combined $1.95B — up 9.4% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BLKB positions and 7 closed out — a net gain of 5 holders — while 49 added to existing stakes and 71 trimmed.
The largest buyer was Brown Advisory, opening a new position worth an estimated $17.9M. The largest seller was Janus Henderson Investors US, cutting an estimated $35.7M.
- 164 institutional investors held Blackbaud (BLKB) as of Q3 2014, up from 161 in Q2 2014.
- Funds reported $1.95B of Blackbaud stock for Q3 2014, up 9.4% quarter-over-quarter.
- 12 funds opened new Blackbaud positions in Q3 2014 and 7 closed out, a net change of +5 holders.
- The largest Blackbaud buyer in Q3 2014 was Brown Advisory, an estimated $17.9M added.
- The largest Blackbaud seller in Q3 2014 was Janus Henderson Investors US, an estimated $35.7M sold.
Based on aggregated 13F filings for Q3 2014.