Blackbaud
BLKB
284 hedge funds and large institutions have $3.76B invested in Blackbaud in 2024 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 81 increasing their positions, 109 reducing their positions, and 27 closing their positions.
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
4% more funds holding
Funds holding: 272 → 284 (+12)
1.59% more ownership
Funds ownership: 93.97% → 95.56% (+1.6%)
1% more capital invested
Capital invested by funds: $3.73B → $3.76B (+$32.9M)
26% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 109
45% less call options, than puts
Call options by funds: $487K | Put options by funds: $883K
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$62.3M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$37.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.57M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$6.45M |
| 5 |
Jane Street
New York
|
+$6.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$51.9M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$18.9M |
| 3 |
BlackRock
New York
|
-$17.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$16.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.9M |
BLKB Hedge Fund Activity: Q2 2024 in Review
284 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2024, worth a combined $3.76B — up 0.88% from $3.73B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BLKB positions and 27 closed out — a net gain of 15 holders — while 81 added to existing stakes and 109 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $62.3M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $51.9M.
- 284 institutional investors held Blackbaud (BLKB) as of Q2 2024, up from 272 in Q1 2024.
- Funds reported $3.76B of Blackbaud stock for Q2 2024, up 0.88% quarter-over-quarter.
- 42 funds opened new Blackbaud positions in Q2 2024 and 27 closed out, a net change of +15 holders.
- The largest Blackbaud buyer in Q2 2024 was Fuller & Thaler Asset Management, an estimated $62.3M added.
- The largest Blackbaud seller in Q2 2024 was Hawk Ridge Capital Management, an estimated $51.9M sold.
Based on aggregated 13F filings for Q2 2024.