Blackbaud Inc: which funds bought and sold
Institutions that bought and sold Blackbaud shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 168 institutions that filed 13F reports for both quarters added to or opened positions in Blackbaud, and 144 cut or closed them. Together they added a net 3.3M shares, +7.5% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 1.3M shares (+25.3%); index fund managers were net buyers of 1.5M shares (+10.7%). 55 opened a new position and 69 sold out entirely.
Bought, Q2 2026 168 institutions, 55 of them new holders Sold, Q2 2026 144 institutions, 69 of them sold out
Net change, all compared +3.3M shares (+7.5%)
Net change, active managers +1.3M shares (+25.3%), 25 bought, 26 sold
Buyers versus sellers
168 bought 31 144 sold
Active managers and hedge funds 25 bought · 26 sold · +1.3M
Index fund managers 6 bought · 5 sold · +1.5M
Other institutions 137 bought · 113 sold · +552K
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Blackrock, Inc. Index funds | +1.2M +25.5% | 6.0M | $177M |
| Morgan Stanley | +638K +15.0% | 4.9M | $145M |
| Goldman Sachs Group Inc | +579K +87.5% | 1.2M | $36.8M |
| Lightrock Netherlands B.V. | +574K New position | 574K | $17M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +545K +174.3% | 858K | $25.4M |
| Two Sigma Investments, LP Hedge fund | +490K +302.5% | 652K | $19.3M |
| Qube Research & Technologies Ltd Hedge fund | +341K +72.0% | 814K | $24.1M |
| Clearline Capital LP Hedge fund | +339K +96.7% | 689K | $20.4M |
| First Trust Advisors LP | +220K +54.4% | 626K | $18.5M |
| UBS Group AG | +214K +101.5% | 425K | $12.6M |
| Shapiro Capital Management LLC | +187K +36.2% | 704K | $20.8M |
| Cinctive Capital Management LP Hedge fund | +179K +419.7% | 221K | $6.6M |
| Vanguard Portfolio Management LLC Index funds | +136K +4.5% | 3.1M | $93.2M |
| State Street Corp Index funds | +135K +8.9% | 1.7M | $48.9M |
| Pacer Advisors, Inc. | +126K +67.0% | 313K | $9.3M |
| Victory Capital Management Inc Active manager | +120K +168.2% | 192K | $5.7M |
| Invesco Ltd. | +108K +85.3% | 236K | $7M |
| Raymond James Financial Inc | +104K +306.3% | 138K | $4.1M |
| Capital Fund Management S.A. Hedge fund | +103K +123.2% | 186K | $5.5M |
| Edgestream Partners, L.P. Hedge fund | +96K New position | 96K | $2.9M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Arrowstreet Capital, Limited Partnership Hedge fund | +545K +174.3% | 858K | $25.4M |
| Two Sigma Investments, LP Hedge fund | +490K +302.5% | 652K | $19.3M |
| Qube Research & Technologies Ltd Hedge fund | +341K +72.0% | 814K | $24.1M |
| Clearline Capital LP Hedge fund | +339K +96.7% | 689K | $20.4M |
| Cinctive Capital Management LP Hedge fund | +179K +419.7% | 221K | $6.6M |
| Victory Capital Management Inc Active manager | +120K +168.2% | 192K | $5.7M |
| Capital Fund Management S.A. Hedge fund | +103K +123.2% | 186K | $5.5M |
| Edgestream Partners, L.P. Hedge fund | +96K New position | 96K | $2.9M |
| Point72 Asset Management, L.P. Hedge fund | +64K +40.1% | 225K | $6.7M |
| Wedge Capital Management L L P Active manager | +55K +117.1% | 102K | $3M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Van Berkom & Associates Inc. | −1.4M Sold out | 0 | — |
| Dimensional Fund Advisors LP | −408K −42.9% | 543K | $16.1M |
| Palisade Capital Management, LP Active manager | −369K −63.9% | 208K | $6.2M |
| Jane Street Group, LLC | −318K Sold out | 0 | — |
| Jpmorgan Chase & Co | −201K −85.0% | 36K | $1.1M |
| AQR Capital Management LLC Hedge fund | −162K −46.7% | 185K | $5.4M |
| Geneva Capital Management LLC Active manager | −161K −22.4% | 558K | $16.5M |
| Public Sector Pension Investment Board | −147K −54.9% | 121K | $3.6M |
| Robeco Institutional Asset Management B.V. | −131K −80.9% | 31K | $919,345 |
| SG Capital Management LLC | −123K Sold out | 0 | — |
| Bank Of New York Mellon Corp | −122K −33.8% | 239K | $7.1M |
| Citadel Advisors LLC Hedge fund | −105K −69.4% | 46K | $1.4M |
| Public Employees Retirement System Of Ohio | −78K −99.2% | 618 | $18,305 |
| Susquehanna International Group, LLP | −76K −77.6% | 22K | $652,558 |
| D. E. Shaw & Co., Inc. Hedge fund | −66K −73.8% | 23K | $694,234 |
| New York State Common Retirement Fund | −51K −22.9% | 173K | $5.1M |
| Universal- Beteiligungs- Und Servicegesellschaft Mbh | −50K Sold out | 0 | — |
| Man Group PLC Hedge fund | −50K −44.1% | 63K | $1.9M |
| Tudor Investment Corp Et Al Hedge fund | −46K Sold out | 0 | — |
| Retirement Systems Of Alabama | −44K Sold out | 0 | — |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Palisade Capital Management, LP Active manager | −369K −63.9% | 208K | $6.2M |
| AQR Capital Management LLC Hedge fund | −162K −46.7% | 185K | $5.4M |
| Geneva Capital Management LLC Active manager | −161K −22.4% | 558K | $16.5M |
| Citadel Advisors LLC Hedge fund | −105K −69.4% | 46K | $1.4M |
| D. E. Shaw & Co., Inc. Hedge fund | −66K −73.8% | 23K | $694,234 |
| Man Group PLC Hedge fund | −50K −44.1% | 63K | $1.9M |
| Tudor Investment Corp Et Al Hedge fund | −46K Sold out | 0 | — |
| Squarepoint Ops LLC Hedge fund | −33K Sold out | 0 | — |
| Alliancebernstein L.P. Active manager | −31K −39.9% | 46K | $1.8M |
| Magnetar Financial LLC Hedge fund | −26K −70.0% | 11K | $332,870 |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Lightrock Netherlands B.V. | 574K | $17M |
| Edgestream Partners, L.P.Hedge fund | 96K | $2.9M |
| Picton Mahoney Asset Management | 84K | $2.5M |
| Mubadala Investment Co Pjsc | 75K | $2.2M |
| Allstate Corp | 47K | $1.4M |
| Villanova Investment Management Co LLC | 46K | $1.4M |
| Mitsubishi Ufj Trust & Banking Corp | 43K | $1.3M |
| Jump Financial, LLC | 43K | $1.3M |
| Pinnacle Associates Ltd | 34K | $1M |
| Andrew Hill Investment Advisors, Inc. | 31K | $907,261 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Van Berkom & Associates Inc. | 1.4M | $55.5M |
| Jane Street Group, LLC | 318K | $12.3M |
| SG Capital Management LLC | 123K | $4.7M |
| Universal- Beteiligungs- Und Servicegesellschaft Mbh | 50K | $1.9M |
| Tudor Investment Corp Et AlHedge fund | 46K | $1.8M |
| Retirement Systems Of Alabama | 44K | $1.7M |
| Elo Mutual Pension Insurance Co | 44K | $1.7M |
| Squarepoint Ops LLCHedge fund | 33K | $1.3M |
| Caisse De Depot Et Placement Du Quebec | 28K | $1.1M |
| Azzad Asset Management Inc | 25K | $975,945 |
Who holds the shares
- Institutions reporting
- 279
- Ten largest holders
- 64.5% of 13F-reported shares
- Index fund managers
- 30.5% of 13F-reported shares
- Active managers and hedge funds
- 13.1% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 25 | 26 | 3 | 11 | +1.3M | +25.3% |
| Index fund managers | 6 | 5 | 1 | 1 | +1.5M | +10.7% |
| Other institutions | 137 | 113 | 51 | 57 | +552K | +2.1% |