Blackbaud
BLKB
231 hedge funds and large institutions have $2.85B invested in Blackbaud in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 92 increasing their positions, 67 reducing their positions, and 33 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 67
18% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 33
2% more funds holding
Funds holding: 226 → 231 (+5)
5% more call options, than puts
Call options by funds: $3.13M | Put options by funds: $2.98M
0% more capital invested
Capital invested by funds: $2.84B → $2.85B (+$12.7M)
3.33% less ownership
Funds ownership: 104.04% → 100.71% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$24.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.5M |
| 3 |
VanEck Associates
New York
|
+$18.7M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$16.5M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$50.8M |
| 2 |
FAM
Fred Alger Management
New York
|
-$49.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$37.7M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$27.2M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$19.3M |
BLKB Hedge Fund Activity: Q2 2020 in Review
231 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2020, worth a combined $2.85B — up 0.45% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BLKB positions and 33 closed out — a net gain of 6 holders — while 92 added to existing stakes and 67 trimmed.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $24.8M. The largest seller was JP Morgan Chase, cutting an estimated $50.8M.
- 231 institutional investors held Blackbaud (BLKB) as of Q2 2020, up from 226 in Q1 2020.
- Funds reported $2.85B of Blackbaud stock for Q2 2020, up 0.45% quarter-over-quarter.
- 39 funds opened new Blackbaud positions in Q2 2020 and 33 closed out, a net change of +6 holders.
- The largest Blackbaud buyer in Q2 2020 was Contour Asset Management, an estimated $24.8M added.
- The largest Blackbaud seller in Q2 2020 was JP Morgan Chase, an estimated $50.8M sold.
Based on aggregated 13F filings for Q2 2020.