Blackbaud
BLKB
283 hedge funds and large institutions have $1.47B invested in Blackbaud in 2026 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 115 increasing their positions, 76 reducing their positions, and 70 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 76
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8.97% more ownership
Funds ownership: 99.2% → 108.17% (+9%)
4% less funds holding
Funds holding: 296 → 283 (-13)
14% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 70
16% less capital invested
Capital invested by funds: $1.76B → $1.47B (-$289M)
94% less call options, than puts
Call options by funds: $12K | Put options by funds: $210K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$39.9M |
| 2 |
Morgan Stanley
New York
|
+$21M |
| 3 |
Goldman Sachs
New York
|
+$19.1M |
| 4 |
LN
Lightrock Netherlands
Utrecht,
Netherlands
|
+$18.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$27.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.4M |
| 3 |
Jane Street
New York
|
-$12.3M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$12.1M |
| 5 |
JP Morgan Chase
New York
|
-$6.61M |
BLKB Hedge Fund Activity: Q2 2026 in Review
283 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2026, worth a combined $1.47B — down 16% from $1.76B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of BLKB and 60 opened new positions — a net loss of 10 holders — while 76 trimmed existing stakes and 115 added.
The largest buyer was BlackRock, adding an estimated $39.9M. The largest seller was Van Berkom & Associates, exiting entirely with an estimated $27.7M sold.
- 283 institutional investors held Blackbaud (BLKB) as of Q2 2026, down from 296 in Q1 2026.
- Funds reported $1.47B of Blackbaud stock for Q2 2026, down 16% quarter-over-quarter.
- 60 funds opened new Blackbaud positions in Q2 2026 and 70 closed out, a net change of -10 holders.
- The largest Blackbaud buyer in Q2 2026 was BlackRock, an estimated $39.9M added.
- The largest Blackbaud seller in Q2 2026 was Van Berkom & Associates, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2026.