Blackbaud
BLKB
258 hedge funds and large institutions have $4.81B invested in Blackbaud in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 80 increasing their positions, 102 reducing their positions, and 15 closing their positions.
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
11% more funds holding
Funds holding: 233 → 258 (+25)
3% more capital invested
Capital invested by funds: $4.67B → $4.81B (+$141M)
4.8% less ownership
Funds ownership: 110.73% → 105.92% (-4.8%)
22% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 102
44% less call options, than puts
Call options by funds: $4.23M | Put options by funds: $7.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$21.8M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
+$12.7M |
| 3 |
BlackRock
New York
|
+$8.26M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$7.49M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$43.5M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$38.6M |
| 3 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$37.3M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$23.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$20.5M |
BLKB Hedge Fund Activity: Q4 2017 in Review
258 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q4 2017, worth a combined $4.81B — up 3% from $4.67B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new BLKB positions and 15 closed out — a net gain of 25 holders — while 80 added to existing stakes and 102 trimmed.
The largest buyer was State Street, adding an estimated $21.8M. The largest seller was Select Equity Group, cutting an estimated $43.5M.
- 258 institutional investors held Blackbaud (BLKB) as of Q4 2017, up from 233 in Q3 2017.
- Funds reported $4.81B of Blackbaud stock for Q4 2017, up 3% quarter-over-quarter.
- 40 funds opened new Blackbaud positions in Q4 2017 and 15 closed out, a net change of +25 holders.
- The largest Blackbaud buyer in Q4 2017 was State Street, an estimated $21.8M added.
- The largest Blackbaud seller in Q4 2017 was Select Equity Group, an estimated $43.5M sold.
Based on aggregated 13F filings for Q4 2017.