Blackbaud
BLKB
249 hedge funds and large institutions have $3.48B invested in Blackbaud in 2021 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 78 increasing their positions, 98 reducing their positions, and 30 closing their positions.
50% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 30
22% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $13.7M
20% more capital invested
Capital invested by funds: $2.91B → $3.48B (+$577M)
6% more funds holding
Funds holding: 235 → 249 (+14)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.55% less ownership
Funds ownership: 101.88% → 101.33% (-0.55%)
20% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$64.1M |
| 2 |
VanEck Associates
New York
|
+$21.2M |
| 3 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
+$20.5M |
| 4 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$11.9M |
| 5 |
Two Sigma Investments
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$148M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$41.4M |
| 3 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$24.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.6M |
| 5 |
Millennium Management
New York
|
-$9.97M |
BLKB Hedge Fund Activity: Q1 2021 in Review
249 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2021, worth a combined $3.48B — up 20% from $2.91B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BLKB positions and 30 closed out — a net gain of 15 holders — while 78 added to existing stakes and 98 trimmed.
The largest buyer was Champlain Investment Partners, adding an estimated $64.1M. The largest seller was Wellington Management Group, cutting an estimated $148M.
- 249 institutional investors held Blackbaud (BLKB) as of Q1 2021, up from 235 in Q4 2020.
- Funds reported $3.48B of Blackbaud stock for Q1 2021, up 20% quarter-over-quarter.
- 45 funds opened new Blackbaud positions in Q1 2021 and 30 closed out, a net change of +15 holders.
- The largest Blackbaud buyer in Q1 2021 was Champlain Investment Partners, an estimated $64.1M added.
- The largest Blackbaud seller in Q1 2021 was Wellington Management Group, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2021.