Blackbaud
BLKB
296 hedge funds and large institutions have $1.76B invested in Blackbaud in 2026 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 115 increasing their positions, 92 reducing their positions, and 52 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 92
4.36% more ownership
Funds ownership: 94.84% → 99.2% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 52
3% less funds holding
Funds holding: 304 → 296 (-8)
39% less capital invested
Capital invested by funds: $2.87B → $1.76B (-$1.11B)
91% less call options, than puts
Call options by funds: $19K | Put options by funds: $201K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$18.7M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$17M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$14.2M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$9.32M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$9.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$21M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$18.5M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$10.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$9.32M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$8.03M |
BLKB Hedge Fund Activity: Q1 2026 in Review
296 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q1 2026, worth a combined $1.76B — down 39% from $2.87B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of BLKB and 48 opened new positions — a net loss of 4 holders — while 92 trimmed existing stakes and 115 added.
The largest buyer was Goldman Sachs, adding an estimated $18.7M. The largest seller was AQR Capital Management, cutting an estimated $21M.
- 296 institutional investors held Blackbaud (BLKB) as of Q1 2026, down from 304 in Q4 2025.
- Funds reported $1.76B of Blackbaud stock for Q1 2026, down 39% quarter-over-quarter.
- 48 funds opened new Blackbaud positions in Q1 2026 and 52 closed out, a net change of -4 holders.
- The largest Blackbaud buyer in Q1 2026 was Goldman Sachs, an estimated $18.7M added.
- The largest Blackbaud seller in Q1 2026 was AQR Capital Management, an estimated $21M sold.
Based on aggregated 13F filings for Q1 2026.