Blackbaud
BLKB
224 hedge funds and large institutions have $3.4B invested in Blackbaud in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 96 increasing their positions, 68 reducing their positions, and 20 closing their positions.
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
41% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 68
5% more funds holding
Funds holding: 214 → 224 (+10)
0% more capital invested
Capital invested by funds: $3.39B → $3.4B (+$6.23M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$44.6M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$37.2M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$26.8M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$23.2M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$57.6M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$52.8M |
| 3 |
Select Equity Group
New York
|
-$12.6M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$8.75M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$7.78M |
BLKB Hedge Fund Activity: Q3 2016 in Review
224 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2016, worth a combined $3.4B — up 0.18% from $3.39B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BLKB positions and 20 closed out — a net gain of 10 holders — while 96 added to existing stakes and 68 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $44.6M. The largest seller was Macquarie Group, cutting an estimated $57.6M.
- 224 institutional investors held Blackbaud (BLKB) as of Q3 2016, up from 214 in Q2 2016.
- Funds reported $3.4B of Blackbaud stock for Q3 2016, up 0.18% quarter-over-quarter.
- 30 funds opened new Blackbaud positions in Q3 2016 and 20 closed out, a net change of +10 holders.
- The largest Blackbaud buyer in Q3 2016 was Wellington Management Group, an estimated $44.6M added.
- The largest Blackbaud seller in Q3 2016 was Macquarie Group, an estimated $57.6M sold.
Based on aggregated 13F filings for Q3 2016.