Blackbaud
BLKB
235 hedge funds and large institutions have $2.91B invested in Blackbaud in 2020 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 65 increasing their positions, 100 reducing their positions, and 42 closing their positions.
8% more capital invested
Capital invested by funds: $2.7B → $2.91B (+$211M)
4.5% more ownership
Funds ownership: 97.39% → 101.88% (+4.5%)
4% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $10M
10% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 42
2% less funds holding
Funds holding: 239 → 235 (-4)
35% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$21.7M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$18.3M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$15.9M |
| 4 |
VanEck Associates
New York
|
+$11.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$98.6M |
| 2 |
CAM
Contour Asset Management
New York
|
-$34.3M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.2M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$9.9M |
BLKB Hedge Fund Activity: Q4 2020 in Review
235 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q4 2020, worth a combined $2.91B — up 7.8% from $2.7B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BLKB and 38 opened new positions — a net loss of 4 holders — while 100 trimmed existing stakes and 65 added.
The largest buyer was Van Berkom & Associates, adding an estimated $21.7M. The largest seller was Wellington Management Group, cutting an estimated $98.6M.
- 235 institutional investors held Blackbaud (BLKB) as of Q4 2020, down from 239 in Q3 2020.
- Funds reported $2.91B of Blackbaud stock for Q4 2020, up 7.8% quarter-over-quarter.
- 38 funds opened new Blackbaud positions in Q4 2020 and 42 closed out, a net change of -4 holders.
- The largest Blackbaud buyer in Q4 2020 was Van Berkom & Associates, an estimated $21.7M added.
- The largest Blackbaud seller in Q4 2020 was Wellington Management Group, an estimated $98.6M sold.
Based on aggregated 13F filings for Q4 2020.