Blackbaud
BLKB
257 hedge funds and large institutions have $3.58B invested in Blackbaud in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 75 increasing their positions, 104 reducing their positions, and 24 closing their positions.
0.5% more ownership
Funds ownership: 94.01% → 94.51% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $3.6B → $3.58B (-$23.1M)
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
1% less funds holding
Funds holding: 260 → 257 (-3)
28% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 104
81% less call options, than puts
Call options by funds: $759K | Put options by funds: $3.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$18.9M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$14.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.6M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$6.4M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$10.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.9M |
| 3 |
BCM
Becker Capital Management
Portland,
Oregon
|
-$5.19M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.01M |
| 5 |
Renaissance Technologies
New York
|
-$4.4M |
BLKB Hedge Fund Activity: Q3 2023 in Review
257 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2023, worth a combined $3.58B — down 0.64% from $3.6B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BLKB and 22 opened new positions — a net loss of 2 holders — while 104 trimmed existing stakes and 75 added.
The largest buyer was American Century Companies, adding an estimated $18.9M. The largest seller was BlackRock, cutting an estimated $10.7M.
- 257 institutional investors held Blackbaud (BLKB) as of Q3 2023, down from 260 in Q2 2023.
- Funds reported $3.58B of Blackbaud stock for Q3 2023, down 0.64% quarter-over-quarter.
- 22 funds opened new Blackbaud positions in Q3 2023 and 24 closed out, a net change of -2 holders.
- The largest Blackbaud buyer in Q3 2023 was American Century Companies, an estimated $18.9M added.
- The largest Blackbaud seller in Q3 2023 was BlackRock, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2023.