Blackbaud
BLKB
238 hedge funds and large institutions have $4.57B invested in Blackbaud in 2017 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 90 increasing their positions, 71 reducing their positions, and 28 closing their positions.
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
27% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 71
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more capital invested
Capital invested by funds: $4.2B → $4.57B (+$377M)
6% more funds holding
Funds holding: 225 → 238 (+13)
4.15% less ownership
Funds ownership: 115.16% → 111.01% (-4.1%)
78% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $6.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$302M |
| 2 |
Select Equity Group
New York
|
+$82.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$35.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.6M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$69.9M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$37.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$31.7M |
| 4 |
RC
RGM Capital
Naples,
Florida
|
-$29.2M |
| 5 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$23.2M |
BLKB Hedge Fund Activity: Q2 2017 in Review
238 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2017, worth a combined $4.57B — up 9% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BLKB positions and 28 closed out — a net gain of 14 holders — while 90 added to existing stakes and 71 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $302M. The largest seller was BlackRock, cutting an estimated $69.9M.
- 238 institutional investors held Blackbaud (BLKB) as of Q2 2017, up from 225 in Q1 2017.
- Funds reported $4.57B of Blackbaud stock for Q2 2017, up 9% quarter-over-quarter.
- 42 funds opened new Blackbaud positions in Q2 2017 and 28 closed out, a net change of +14 holders.
- The largest Blackbaud buyer in Q2 2017 was Janus Henderson Group, an estimated $302M added.
- The largest Blackbaud seller in Q2 2017 was BlackRock, an estimated $69.9M sold.
Based on aggregated 13F filings for Q2 2017.