Blackbaud
BLKB
280 hedge funds and large institutions have $5.23B invested in Blackbaud in 2018 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 105 reducing their positions, and 28 closing their positions.
89% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 28
9% more capital invested
Capital invested by funds: $4.81B → $5.23B (+$416M)
9% more funds holding
Funds holding: 258 → 280 (+22)
0.89% more ownership
Funds ownership: 105.92% → 106.82% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
7% less call options, than puts
Call options by funds: $4.61M | Put options by funds: $4.98M
20% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$69.6M |
| 2 |
Select Equity Group
New York
|
+$23M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$18.9M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$15.8M |
| 5 |
Renaissance Technologies
New York
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$28.6M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$26.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$22.8M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$18.6M |
| 5 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$17.3M |
BLKB Hedge Fund Activity: Q1 2018 in Review
280 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2018, worth a combined $5.23B — up 8.6% from $4.81B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BLKB positions and 28 closed out — a net gain of 25 holders — while 84 added to existing stakes and 105 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $69.6M. The largest seller was Baird Financial Group, exiting entirely with an estimated $28.6M sold.
- 280 institutional investors held Blackbaud (BLKB) as of Q1 2018, up from 258 in Q4 2017.
- Funds reported $5.23B of Blackbaud stock for Q1 2018, up 8.6% quarter-over-quarter.
- 53 funds opened new Blackbaud positions in Q1 2018 and 28 closed out, a net change of +25 holders.
- The largest Blackbaud buyer in Q1 2018 was Wellington Management Group, an estimated $69.6M added.
- The largest Blackbaud seller in Q1 2018 was Baird Financial Group, an estimated $28.6M sold.
Based on aggregated 13F filings for Q1 2018.