Blackbaud
BLKB
239 hedge funds and large institutions have $3.38B invested in Blackbaud in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 85 reducing their positions, and 30 closing their positions.
218% more call options, than puts
Call options by funds: $2.45M | Put options by funds: $770K
4% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 85
2.3% less ownership
Funds ownership: 100.54% → 98.24% (-2.3%)
4% less funds holding
Funds holding: 248 → 239 (-9)
10% less capital invested
Capital invested by funds: $3.76B → $3.38B (-$380M)
23% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 30
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$23.2M |
| 2 |
VanEck Associates
New York
|
+$20.6M |
| 3 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
+$17.2M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$9.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$36.3M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$35.4M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$17.6M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$14.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.3M |
BLKB Hedge Fund Activity: Q3 2021 in Review
239 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2021, worth a combined $3.38B — down 10% from $3.76B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BLKB and 23 opened new positions — a net loss of 7 holders — while 85 trimmed existing stakes and 88 added.
The largest buyer was Echo Street Capital Management, adding an estimated $23.2M. The largest seller was BlackRock, cutting an estimated $36.3M.
- 239 institutional investors held Blackbaud (BLKB) as of Q3 2021, down from 248 in Q2 2021.
- Funds reported $3.38B of Blackbaud stock for Q3 2021, down 10% quarter-over-quarter.
- 23 funds opened new Blackbaud positions in Q3 2021 and 30 closed out, a net change of -7 holders.
- The largest Blackbaud buyer in Q3 2021 was Echo Street Capital Management, an estimated $23.2M added.
- The largest Blackbaud seller in Q3 2021 was BlackRock, an estimated $36.3M sold.
Based on aggregated 13F filings for Q3 2021.