Blackbaud
BLKB
177 hedge funds and large institutions have $2.38B invested in Blackbaud in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 77 increasing their positions, 59 reducing their positions, and 25 closing their positions.
120% more call options, than puts
Call options by funds: $947K | Put options by funds: $431K
31% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 59
12% more capital invested
Capital invested by funds: $2.13B → $2.38B (+$255M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less funds holding
Funds holding: 188 → 177 (-11)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
Top Buyers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$51.3M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$19.8M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$19.2M |
| 4 |
FAM
Fred Alger Management
New York
|
+$9.93M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.78M |
Top Sellers
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$16.6M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$16.2M |
| 3 |
Millennium Management
New York
|
-$9.41M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.47M |
| 5 |
Bank of New York Mellon
New York
|
-$8.01M |
BLKB Hedge Fund Activity: Q1 2015 in Review
177 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2015, worth a combined $2.38B — up 12% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BLKB and 16 opened new positions — a net loss of 9 holders — while 59 trimmed existing stakes and 77 added.
The largest buyer was AllianceBernstein, adding an estimated $51.3M. The largest seller was Atlanta Capital Management, cutting an estimated $16.6M.
- 177 institutional investors held Blackbaud (BLKB) as of Q1 2015, down from 188 in Q4 2014.
- Funds reported $2.38B of Blackbaud stock for Q1 2015, up 12% quarter-over-quarter.
- 16 funds opened new Blackbaud positions in Q1 2015 and 25 closed out, a net change of -9 holders.
- The largest Blackbaud buyer in Q1 2015 was AllianceBernstein, an estimated $51.3M added.
- The largest Blackbaud seller in Q1 2015 was Atlanta Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2015.