Blackbaud
BLKB
248 hedge funds and large institutions have $3.76B invested in Blackbaud in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 88 increasing their positions, 97 reducing their positions, and 27 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
55% more call options, than puts
Call options by funds: $2.6M | Put options by funds: $1.68M
8% more capital invested
Capital invested by funds: $3.48B → $3.76B (+$273M)
0% less funds holding
Funds holding: 249 → 248 (-1)
0.79% less ownership
Funds ownership: 101.33% → 100.54% (-0.79%)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
9% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
+$73.9M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$17.5M |
| 3 |
VanEck Associates
New York
|
+$12.7M |
| 4 |
FAM
Fred Alger Management
New York
|
+$11.1M |
| 5 |
BCM
Becker Capital Management
Portland,
Oregon
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$56.5M |
| 2 |
BlackRock
New York
|
-$21.6M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$14.4M |
| 4 |
Two Sigma Investments
New York
|
-$12.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.06M |
BLKB Hedge Fund Activity: Q2 2021 in Review
248 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2021, worth a combined $3.76B — up 7.8% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BLKB and 26 opened new positions — a net loss of 1 holder — while 97 trimmed existing stakes and 88 added.
The largest buyer was Clearlake Capital Group, adding an estimated $73.9M. The largest seller was Brown Capital Management, cutting an estimated $56.5M.
- 248 institutional investors held Blackbaud (BLKB) as of Q2 2021, down from 249 in Q1 2021.
- Funds reported $3.76B of Blackbaud stock for Q2 2021, up 7.8% quarter-over-quarter.
- 26 funds opened new Blackbaud positions in Q2 2021 and 27 closed out, a net change of -1 holder.
- The largest Blackbaud buyer in Q2 2021 was Clearlake Capital Group, an estimated $73.9M added.
- The largest Blackbaud seller in Q2 2021 was Brown Capital Management, an estimated $56.5M sold.
Based on aggregated 13F filings for Q2 2021.