Blackbaud
BLKB
283 hedge funds and large institutions have $4.1B invested in Blackbaud in 2024 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 92 increasing their positions, 105 reducing their positions, and 29 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more capital invested
Capital invested by funds: $3.76B → $4.1B (+$340M)
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
0% less funds holding
Funds holding: 284 → 283 (-1)
3% less call options, than puts
Call options by funds: $844K | Put options by funds: $871K
1.83% less ownership
Funds ownership: 95.56% → 93.74% (-1.8%)
12% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.4M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$18.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$12.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.3M |
| 5 |
BlackRock
New York
|
+$7.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$62.3M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$51.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.65M |
| 4 |
Bank of New York Mellon
New York
|
-$7.13M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.69M |
BLKB Hedge Fund Activity: Q3 2024 in Review
283 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q3 2024, worth a combined $4.1B — up 9% from $3.76B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BLKB positions and 29 closed out — a net gain of 1 holder — while 92 added to existing stakes and 105 trimmed.
The largest buyer was Vanguard Group, adding an estimated $21.4M. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $62.3M sold.
- 283 institutional investors held Blackbaud (BLKB) as of Q3 2024, down from 284 in Q2 2024.
- Funds reported $4.1B of Blackbaud stock for Q3 2024, up 9% quarter-over-quarter.
- 30 funds opened new Blackbaud positions in Q3 2024 and 29 closed out, a net change of +1 holder.
- The largest Blackbaud buyer in Q3 2024 was Vanguard Group, an estimated $21.4M added.
- The largest Blackbaud seller in Q3 2024 was Hawk Ridge Capital Management, an estimated $62.3M sold.
Based on aggregated 13F filings for Q3 2024.