Blackbaud
BLKB
247 hedge funds and large institutions have $3.03B invested in Blackbaud in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 99 increasing their positions, 77 reducing their positions, and 33 closing their positions.
30% more call options, than puts
Call options by funds: $2.42M | Put options by funds: $1.85M
29% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 77
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
2% less funds holding
Funds holding: 252 → 247 (-5)
4.41% less ownership
Funds ownership: 101.7% → 97.28% (-4.4%)
23% less capital invested
Capital invested by funds: $3.92B → $3.03B (-$888M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
+$86.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$33.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.2M |
| 4 |
BlackRock
New York
|
+$12.2M |
| 5 |
Millennium Management
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$42.8M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$21.2M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$20.8M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$19M |
| 5 |
Barclays
London,
United Kingdom
|
-$13.5M |
BLKB Hedge Fund Activity: Q1 2022 in Review
247 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2022, worth a combined $3.03B — down 23% from $3.92B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BLKB and 30 opened new positions — a net loss of 3 holders — while 77 trimmed existing stakes and 99 added.
The largest buyer was Clearlake Capital Group, adding an estimated $86.7M. The largest seller was Champlain Investment Partners, cutting an estimated $42.8M.
- 247 institutional investors held Blackbaud (BLKB) as of Q1 2022, down from 252 in Q4 2021.
- Funds reported $3.03B of Blackbaud stock for Q1 2022, down 23% quarter-over-quarter.
- 30 funds opened new Blackbaud positions in Q1 2022 and 33 closed out, a net change of -3 holders.
- The largest Blackbaud buyer in Q1 2022 was Clearlake Capital Group, an estimated $86.7M added.
- The largest Blackbaud seller in Q1 2022 was Champlain Investment Partners, an estimated $42.8M sold.
Based on aggregated 13F filings for Q1 2022.