Blackbaud
BLKB
246 hedge funds and large institutions have $2.96B invested in Blackbaud in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 83 increasing their positions, 97 reducing their positions, and 32 closing their positions.
224% more call options, than puts
Call options by funds: $5.93M | Put options by funds: $1.83M
29% more capital invested
Capital invested by funds: $2.29B → $2.96B (+$669M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
1% less funds holding
Funds holding: 249 → 246 (-3)
3.31% less ownership
Funds ownership: 97.97% → 94.66% (-3.3%)
14% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$199M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$16.7M |
| 3 |
PCP
P2 Capital Partners
New York
|
+$15.8M |
| 4 |
BlackRock
New York
|
+$13.2M |
| 5 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$13M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.64M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$9.24M |
| 4 |
Jane Street
New York
|
-$8.78M |
| 5 |
Millennium Management
New York
|
-$8.73M |
BLKB Hedge Fund Activity: Q4 2022 in Review
246 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q4 2022, worth a combined $2.96B — up 29% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BLKB positions and 32 closed out — a net gain of 1 holder — while 83 added to existing stakes and 97 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $199M. The largest seller was Indaba Capital Management, cutting an estimated $13M.
- 246 institutional investors held Blackbaud (BLKB) as of Q4 2022, down from 249 in Q3 2022.
- Funds reported $2.96B of Blackbaud stock for Q4 2022, up 29% quarter-over-quarter.
- 33 funds opened new Blackbaud positions in Q4 2022 and 32 closed out, a net change of +1 holder.
- The largest Blackbaud buyer in Q4 2022 was Morgan Stanley, an estimated $199M added.
- The largest Blackbaud seller in Q4 2022 was Indaba Capital Management, an estimated $13M sold.
Based on aggregated 13F filings for Q4 2022.