Blackbaud
BLKB
233 hedge funds and large institutions have $4.67B invested in Blackbaud in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 92 increasing their positions, 76 reducing their positions, and 27 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 76
2% more capital invested
Capital invested by funds: $4.57B → $4.67B (+$98.9M)
0.28% less ownership
Funds ownership: 111.01% → 110.73% (-0.28%)
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
2% less funds holding
Funds holding: 238 → 233 (-5)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
87% less call options, than puts
Call options by funds: $2.11M | Put options by funds: $16.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.6M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$11.6M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$11.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$39.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.5M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$9.18M |
| 5 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$5.43M |
BLKB Hedge Fund Activity: Q3 2017 in Review
233 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2017, worth a combined $4.67B — up 2.2% from $4.57B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BLKB and 25 opened new positions — a net loss of 2 holders — while 76 trimmed existing stakes and 92 added.
The largest buyer was Bank of America, adding an estimated $14.5M. The largest seller was Janus Henderson Group, cutting an estimated $39.3M.
- 233 institutional investors held Blackbaud (BLKB) as of Q3 2017, down from 238 in Q2 2017.
- Funds reported $4.67B of Blackbaud stock for Q3 2017, up 2.2% quarter-over-quarter.
- 25 funds opened new Blackbaud positions in Q3 2017 and 27 closed out, a net change of -2 holders.
- The largest Blackbaud buyer in Q3 2017 was Bank of America, an estimated $14.5M added.
- The largest Blackbaud seller in Q3 2017 was Janus Henderson Group, an estimated $39.3M sold.
Based on aggregated 13F filings for Q3 2017.