Blackbaud
BLKB
226 hedge funds and large institutions have $2.84B invested in Blackbaud in 2020 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 83 increasing their positions, 71 reducing their positions, and 51 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 71
1.11% less ownership
Funds ownership: 105.14% → 104.04% (-1.1%)
7% less funds holding
Funds holding: 244 → 226 (-18)
27% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 51
31% less capital invested
Capital invested by funds: $4.12B → $2.84B (-$1.28B)
57% less call options, than puts
Call options by funds: $1.84M | Put options by funds: $4.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.5M |
| 2 |
VanEck Associates
New York
|
+$41.8M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$23.2M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$12.3M |
| 5 |
Morgan Stanley
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$98.5M |
| 2 |
Janus Henderson Group
London,
|
-$96.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$23.5M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$18.2M |
| 5 |
JP Morgan Chase
New York
|
-$13M |
BLKB Hedge Fund Activity: Q1 2020 in Review
226 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2020, worth a combined $2.84B — down 31% from $4.12B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BLKB and 37 opened new positions — a net loss of 14 holders — while 71 trimmed existing stakes and 83 added.
The largest buyer was Fidelity Investments, adding an estimated $64.5M. The largest seller was Champlain Investment Partners, cutting an estimated $98.5M.
- 226 institutional investors held Blackbaud (BLKB) as of Q1 2020, down from 244 in Q4 2019.
- Funds reported $2.84B of Blackbaud stock for Q1 2020, down 31% quarter-over-quarter.
- 37 funds opened new Blackbaud positions in Q1 2020 and 51 closed out, a net change of -14 holders.
- The largest Blackbaud buyer in Q1 2020 was Fidelity Investments, an estimated $64.5M added.
- The largest Blackbaud seller in Q1 2020 was Champlain Investment Partners, an estimated $98.5M sold.
Based on aggregated 13F filings for Q1 2020.