We are live on ! Find out more
BLKB icon

Blackbaud
BLKB

223 hedge funds and large institutions have $3.35B invested in Blackbaud in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 96 increasing their positions, 67 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 67

43% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 21

4% more funds holding

Funds holding: 214 → 223 (+9)

4% less capital invested

Capital invested by funds: $3.49B → $3.35B (-$140M)

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

Holders
223
Holders Change
+9
Holders Change %
+4.21%
% of All Funds
5.95%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
30
Increased
96
Reduced
67
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Wellington Management Group
Wellington Management Group
Massachusetts
+$44.6M
2
BCM
Brown Capital Management
Maryland
+$37.2M
3
CIP
Champlain Investment Partners
Vermont
+$26.8M
4
Baird Financial Group
Baird Financial Group
Wisconsin
+$23.2M
5
BFA
BlackRock Fund Advisors
California
+$15M

Top Sellers

1
Macquarie Group
Macquarie Group
Australia
-$162M
2
JSP
Jackson Square Partners
California
-$52.8M
3
Select Equity Group
Select Equity Group
New York
-$12.6M
4
JHIU
Janus Henderson Investors US
Colorado
-$8.75M
5
Marshall Wace
Marshall Wace
United Kingdom
-$7.78M
Name Holding Trade Value Shares
Change 		Change in
Stake
BCM
1
Brown Capital Management
Maryland
$336M +$37.2M +549,801 +12%
ACM
2
Atlanta Capital Management
Georgia
$298M -$3.46M -51,091 -1%
JHIU
3
Janus Henderson Investors US
Colorado
$269M -$8.75M -129,379 -3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$259M +$9.07M +134,028 +4%
BFA
5
BlackRock Fund Advisors
California
$221M +$15M +221,460 +7%
CIP
6
Champlain Investment Partners
Vermont
$109M +$26.8M +395,935 +32%
JSP
7
Jackson Square Partners
California
$105M -$52.8M -781,252 -33%
BIT
8
BlackRock Institutional Trust
California
$78M +$1.85M +27,295 +2%
State Street
9
State Street
Massachusetts
$69.5M +$1.05M +15,504 +2%
DDC
10
DF Dent & Co
Maryland
$67.3M -$1.59M -23,467 -2%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$58.5M +$5.47M +80,899 +10%
GKIM
12
GW&K Investment Management
Massachusetts
$56.8M +$2.39M +35,398 +4%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$56.8M -$1.7M -25,130 -3%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$56.5M +$3.01M +44,471 +6%
Northern Trust
15
Northern Trust
Illinois
$52M -$477K -7,046 -0.9%
Select Equity Group
16
Select Equity Group
New York
$50.6M -$12.6M -186,870 -20%
Invesco
17
Invesco
Georgia
$49.2M +$1.56M +23,108 +3%
CCA
18
Conestoga Capital Advisors
Pennsylvania
$46.4M +$2.74M +40,470 +6%
Macquarie Group
19
Macquarie Group
Australia
$45.7M -$162M -2,392,127 -78%
Principal Financial Group
20
Principal Financial Group
Iowa
$44.9M +$666K +9,848 +1%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$43.7M +$44.6M +659,362 New
AllianceBernstein
22
AllianceBernstein
Tennessee
$42.7M +$1.21M +17,827 +3%
TCM
23
TimesSquare Capital Management
New York
$41.6M +$14.3M +211,445 +51%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$40.8M +$658K +9,731 +2%
Norges Bank
25
Norges Bank
Norway
$40.7M +$2.59M +38,243 +6%
1
2 3 4 5

BLKB Hedge Fund Activity: Q3 2016 in Review

223 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2016, worth a combined $3.35B — down 4% from $3.49B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new BLKB positions and 21 closed out — a net gain of 9 holders — while 96 added to existing stakes and 67 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 $162M.

  • 223 institutional investors held Blackbaud (BLKB) as of Q3 2016, up from 214 in Q2 2016.
  • Funds reported $3.35B of Blackbaud stock for Q3 2016, down 4% quarter-over-quarter.
  • 30 funds opened new Blackbaud positions in Q3 2016 and 21 closed out, a net change of +9 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 $162M sold.

Based on aggregated 13F filings for Q3 2016.