Blackbaud
BLKB
269 hedge funds and large institutions have $5.24B invested in Blackbaud in 2018 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 103 increasing their positions, 89 reducing their positions, and 39 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 89
0% more capital invested
Capital invested by funds: $5.23B → $5.24B (+$15.4M)
7% less call options, than puts
Call options by funds: $8.45M | Put options by funds: $9.09M
1.35% less ownership
Funds ownership: 106.82% → 105.46% (-1.4%)
4% less funds holding
Funds holding: 280 → 269 (-11)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$30.5M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$20.7M |
| 3 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$20.6M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$20.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$69.6M |
| 2 |
Select Equity Group
New York
|
-$43.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$20.5M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$16.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.99M |
BLKB Hedge Fund Activity: Q2 2018 in Review
269 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2018, worth a combined $5.24B — up 0.29% from $5.23B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BLKB and 30 opened new positions — a net loss of 9 holders — while 89 trimmed existing stakes and 103 added.
The largest buyer was BlackRock, adding an estimated $30.5M. The largest seller was Neuberger Berman Group, cutting an estimated $69.6M.
- 269 institutional investors held Blackbaud (BLKB) as of Q2 2018, down from 280 in Q1 2018.
- Funds reported $5.24B of Blackbaud stock for Q2 2018, up 0.29% quarter-over-quarter.
- 30 funds opened new Blackbaud positions in Q2 2018 and 39 closed out, a net change of -9 holders.
- The largest Blackbaud buyer in Q2 2018 was BlackRock, an estimated $30.5M added.
- The largest Blackbaud seller in Q2 2018 was Neuberger Berman Group, an estimated $69.6M sold.
Based on aggregated 13F filings for Q2 2018.