Blackbaud
BLKB
249 hedge funds and large institutions have $2.29B invested in Blackbaud in 2022 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 85 increasing their positions, 93 reducing their positions, and 28 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
2% more funds holding
Funds holding: 243 → 249 (+6)
0.74% less ownership
Funds ownership: 98.72% → 97.97% (-0.74%)
9% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 93
25% less capital invested
Capital invested by funds: $3.04B → $2.29B (-$746M)
67% less call options, than puts
Call options by funds: $2.64M | Put options by funds: $7.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$79.7M |
| 2 |
PCP
P2 Capital Partners
New York
|
+$35.2M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$12.7M |
| 4 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$11.4M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$7.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$99.7M |
| 2 |
VanEck Associates
New York
|
-$84M |
| 3 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$17.7M |
| 4 |
Bank of New York Mellon
New York
|
-$11.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.33M |
BLKB Hedge Fund Activity: Q3 2022 in Review
249 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2022, worth a combined $2.29B — down 25% from $3.04B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BLKB positions and 28 closed out — a net gain of 7 holders — while 85 added to existing stakes and 93 trimmed.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $79.7M. The largest seller was TPG GP A, exiting entirely with an estimated $99.7M sold.
- 249 institutional investors held Blackbaud (BLKB) as of Q3 2022, up from 243 in Q2 2022.
- Funds reported $2.29B of Blackbaud stock for Q3 2022, down 25% quarter-over-quarter.
- 35 funds opened new Blackbaud positions in Q3 2022 and 28 closed out, a net change of +7 holders.
- The largest Blackbaud buyer in Q3 2022 was Hawk Ridge Capital Management, an estimated $79.7M added.
- The largest Blackbaud seller in Q3 2022 was TPG GP A, an estimated $99.7M sold.
Based on aggregated 13F filings for Q3 2022.