Blackbaud
BLKB
201 hedge funds and large institutions have $2.77B invested in Blackbaud in 2015 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 74 reducing their positions, and 14 closing their positions.
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
9% more funds holding
Funds holding: 184 → 201 (+17)
2% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $1.71M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less capital invested
Capital invested by funds: $2.83B → $2.77B (-$64.9M)
3% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25.5M |
| 2 |
Millennium Management
New York
|
+$15.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.8M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$9.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$46.4M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$20.1M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$17.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$13.7M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$8.78M |
BLKB Hedge Fund Activity: Q3 2015 in Review
201 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2015, worth a combined $2.77B — down 2.3% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BLKB positions and 14 closed out — a net gain of 18 holders — while 72 added to existing stakes and 74 trimmed.
The largest buyer was Bank of America, adding an estimated $25.5M. The largest seller was VanEck Associates, exiting entirely with an estimated $46.4M sold.
- 201 institutional investors held Blackbaud (BLKB) as of Q3 2015, up from 184 in Q2 2015.
- Funds reported $2.77B of Blackbaud stock for Q3 2015, down 2.3% quarter-over-quarter.
- 32 funds opened new Blackbaud positions in Q3 2015 and 14 closed out, a net change of +18 holders.
- The largest Blackbaud buyer in Q3 2015 was Bank of America, an estimated $25.5M added.
- The largest Blackbaud seller in Q3 2015 was VanEck Associates, an estimated $46.4M sold.
Based on aggregated 13F filings for Q3 2015.