BLACKBAUD INC BLKB
COM · Common Stock · CUSIP 09227Q100 · ISIN US09227Q1004
Supplier of software and services specifically designed for nonprofit organizations
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersCharleston, SC
- Founded1981
- Websiteblackbaud.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($633.6k this quarter). Holder counts are more reliable. Shares outstanding: 45.4m as of 2026-07-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $29.63. Options: 1 managers hold calls ($11.8k notional), 1 hold puts ($210.3k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 248 |
| Q4 2022 | 246 |
| Q1 2023 | 255 |
| Q2 2023 | 260 |
| Q3 2023 | 258 |
| Q4 2023 | 262 |
| Q1 2024 | 272 |
| Q2 2024 | 284 |
| Q3 2024 | 283 |
| Q4 2024 | 277 |
| Q1 2025 | 280 |
| Q2 2025 | 290 |
| Q3 2025 | 315 |
| Q4 2025 | 305 |
| Q1 2026 | 296 |
| Q2 2026 | 283 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 118 | 134 |
| Q4 2024 | 106 | 138 |
| Q1 2025 | 130 | 137 |
| Q2 2025 | 145 | 128 |
| Q3 2025 | 162 | 126 |
| Q4 2025 | 131 | 171 |
| Q1 2026 | 155 | 143 |
| Q2 2026 | 170 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.1m | $456.6k | 0.41 |
| Q4 2025 | $1.2m | $284.9k | 0.24 |
| Q1 2026 | $19.3k | $200.8k | 10.40 |
| Q2 2026 | $11.8k | $210.3k | 17.75 |
Biggest buyers
| BlackRock, Inc. | Added | +1.2m |
| MORGAN STANLEY | Added | +638.0k |
| GOLDMAN SACHS GROUP INC | Added | +579.2k |
| Lightrock Netherlands B.V. | New | +573.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +545.4k |
| TWO SIGMA INVESTMENTS, LP | Added | +490.2k |
| Qube Research & Technologies Ltd | Added | +340.8k |
| Clearline Capital LP | Added | +338.6k |
| FIRST TRUST ADVISORS LP | Added | +220.5k |
| UBS Group AG | Added | +214.3k |
Biggest sellers
| Van Berkom & Associates Inc. | Sold out | -1.4m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -408.0k |
| PALISADE CAPITAL MANAGEMENT, LP | Reduced | -369.0k |
| JANE STREET GROUP, LLC | Sold out | -317.7k |
| JPMORGAN CHASE & CO | Reduced | -200.9k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -162.1k |
| GENEVA CAPITAL MANAGEMENT LLC | Reduced | -161.0k |
| Public Sector Pension Investment Board | Reduced | -147.4k |
| Robeco Institutional Asset Management B.V. | Reduced | -131.2k |
| SG Capital Management LLC | Sold out | -123.0k |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $11.8k400 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $210.3k7.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-27 | 12.3% |
| MORGAN STANLEY 13G · institution +0.9 pts · filed 2026-06-05 | 10.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.6% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 5 | $7.4m | $3.4m |
| Q1 2025 | 0 | — | 2 | $375.0k | $121.5k |
| Q2 2025 | 0 | — | 2 | $1.0m | — |
| Q3 2025 | 0 | — | 3 | $1.0m | $581.4k |
| Q4 2025 | 0 | — | 2 | $992.3k | — |
| Q1 2026 | 0 | — | 4 | $2.2m | $717.8k |
| Q2 2026 | 0 | — | 1 | $194.3k | $194.3k |
| Q3 2026 | 0 | — | 4 | $2.0m | $95.1k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-01 | Anderson Chad Executive VP and CFO | Sold plan | $95.1k2.0k shares |
| 2026-08-31 | Benjamin David J EVP, Chief Commercial Officer | Sold | $100.7k2.1k shares |
| 2026-08-25 | Gianoni Michael P President and CEO, director | Sold | $805.0k17.0k shares |
| 2026-08-06 | Gregoire Kevin P. EVP, Chief Operating Officer | Sold | $1.0m22.0k shares |
| 2026-06-01 | Anderson Chad Executive VP and CFO | Sold plan | $194.3k6.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| CLEARLAKE CAPITAL GROUP, L.P. 54.64% of their portfolio | 9.8m $288.8m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 6.0m $177.2m | Added +1.2m |
| MORGAN STANLEY 0.01% of their portfolio | 4.9m $145.2m | Added +638.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 3.1m $93.2m | Added +136.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.9m $57.4m | Reduced -5.7k |
| STATE STREET CORP 0.00% of their portfolio | 1.7m $48.9m | Added +135.4k |
| Jupiter Topco LLC 0.02% of their portfolio | 1.6m $47.1m | First filing |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $36.8m | Added +579.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 938.9k $27.8m | Reduced -32.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 858.4k $25.4m | Added +545.4k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 814.1k $24.1m | Added +340.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.06% of their portfolio | 713.0k $21.1m | Added +28.5k |
| SHAPIRO CAPITAL MANAGEMENT LLC 1.26% of their portfolio | 703.6k $20.8m | Added +187.0k |
| Clearline Capital LP 1.32% of their portfolio | 688.8k $20.4m | Added +338.6k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 652.2k $19.3m | Added +490.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 625.8k $18.5m | Added +220.5k |
| Lightrock Netherlands B.V. 3.36% of their portfolio | 573.9k $17.0m | New |
| GENEVA CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 558.1k $16.5m | Reduced -161.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 549.9k $16.3m | Added +54.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 543.2k $16.1m | Reduced -408.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 535.6k $15.9m | Reduced -37.2k |
| P2 Capital Partners, LLC 5.82% of their portfolio | 482.9k $14.3m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 428.6k $12.7m | Added +76.7k |
| UBS Group AG 0.00% of their portfolio | 425.3k $12.6m | Added +214.3k |
| Pacer Advisors, Inc. 0.02% of their portfolio | 313.3k $9.3m | Added +125.7k |
| FMR LLC 0.00% of their portfolio | 268.9k $8.0m | Added +44.9k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 263.3k $7.8m | Added +5.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 238.6k $7.1m | Reduced -121.8k |
| Invesco Ltd. 0.00% of their portfolio | 235.6k $7.0m | Added +108.4k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 224.9k $6.7m | Added +64.3k |
| Tributary Capital Management, LLC 0.55% of their portfolio | 224.6k $6.7m | Reduced -2.8k |
| Cinctive Capital Management LP 0.26% of their portfolio | 221.3k $6.6m | Added +178.7k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.02% of their portfolio | 212.0k $6.3m | Unchanged |
| PALISADE CAPITAL MANAGEMENT, LP 0.27% of their portfolio | 208.3k $6.2m | Reduced -369.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 192.4k $5.7m | Added +13.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 192.0k $5.7m | Added +120.4k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 187.0k $5.5m | Added +17.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 186.0k $5.5m | Added +102.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 185.2k $5.4m | Reduced -162.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 172.6k $5.1m | Added +91.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 172.6k $5.1m | Reduced -51.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 166.9k $4.9m | Added +37.4k |
| Hillsdale Investment Management Inc. 0.10% of their portfolio | 151.5k $4.5m | Added +13.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 138.0k $4.1m | Added +104.0k |
| Calamos Advisors LLC 0.01% of their portfolio | 133.0k $3.9m | Unchanged |
| LORD, ABBETT & CO. LLC 0.01% of their portfolio | 126.8k $3.8m | Reduced -7.1k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 121.3k $3.6m | Reduced -147.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 109.4k $3.2m | Added +11.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 102.0k $3.0m | Added +55.0k |
| Nuveen, LLC 0.00% of their portfolio | 101.9k $3.0m | Added +8.3k |
| XTX Topco Ltd 0.04% of their portfolio | 100.8k $3.0m | Added +37.4k |
| Edgestream Partners, L.P. 0.08% of their portfolio | 96.5k $2.9m | New |
| CORBYN INVESTMENT MANAGEMENT INC/MD 0.80% of their portfolio | 93.5k $2.8m | Added +42.0k |
| Triodos Investment Management BV 0.17% of their portfolio | 92.0k $2.7m | Added +26.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 91.0k $2.7m | Reduced -23.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 90.4k $2.7m | Reduced -730 |
| Sone Capital Management, LLC 0.20% of their portfolio | 87.2k $2.6m | Added +17.1k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 87.0k $2.6m | Added +44.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 85.3k $2.5m | Added +76.2k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.16% of their portfolio | 85.3k $2.5m | Added +66.1k |
| PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio | 83.7k $2.5m | New |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 82.2k $2.4m | Added +6.6k |
| Legal & General Group Plc 0.00% of their portfolio | 81.8k $2.4m | Added +28.7k |
| Mubadala Investment Co PJSC 0.01% of their portfolio | 75.4k $2.2m | New |
| Empowered Funds, LLC 0.01% of their portfolio | 73.9k $2.2m | Added +29.2k |
| HARBOR CAPITAL ADVISORS, INC. 0.15% of their portfolio | 72.6k $2.2m | Added +22.4k |
| Swiss National Bank 0.00% of their portfolio | 71.5k $2.1m | Reduced -4.2k |
| Creative Planning 0.00% of their portfolio | 70.0k $2.1m | Added +53.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 67.5k $2.0m | Added +25.4k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 65.6k $1.9m | Added +20.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 63.9k $1.9m | Added +8.0k |
| Man Group plc 0.00% of their portfolio | 62.7k $1.9m | Reduced -49.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.04% of their portfolio | 62.7k $1.9m | Reduced -13.0k |
| CLARK ESTATES INC/NY 0.42% of their portfolio | 61.9k $1.8m | Added +14.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 61.5k $1.8m | Added +31.1k |
| KESTREL INVESTMENT MANAGEMENT CORP 0.98% of their portfolio | 61.0k $1.8m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 55.5k $1.6m | Added +3.3k |
| Numerai GP LLC 0.13% of their portfolio | 54.2k $1.6m | Reduced -8.9k |
| QUADRANT CAPITAL GROUP LLC 0.04% of their portfolio | 52.2k $1.5m | Added +51.9k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 49.6k $1.5m | Reduced -7.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 49.5k $1.5m | Added +5.8k |
| Aristides Capital LLC 0.36% of their portfolio | 48.1k $1.4m | Reduced -101 |
| ALLSTATE CORP 0.01% of their portfolio | 47.1k $1.4m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 46.4k $1.4m | Reduced -105.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 46.1k $1.4m | Added +14.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 46.0k $1.8m | Reduced -30.6k |
| Villanova Investment Management Co LLC 1.28% of their portfolio | 45.6k $1.4m | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 45.5k $1.3m | Added +30.7k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 44.0k $1.3m | Added +18.0k |
| BECKER CAPITAL MANAGEMENT INC 0.03% of their portfolio | 43.9k $1.3m | Reduced -8.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 42.8k $1.3m | New |
| Jump Financial, LLC 0.01% of their portfolio | 42.8k $1.3m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 41.8k $1.2m | Added +3.6k |
| Engineers Gate Manager LP 0.02% of their portfolio | 40.2k $1.2m | Added +797 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 39.0k $1.2m | Reduced -8.6k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 37.5k $1.1m | Added +31.5k |
| CITIGROUP INC 0.00% of their portfolio | 36.6k $1.1m | Added +23.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 35.5k $1.1m | Reduced -200.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 35.5k $1.1m | Reduced -3.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 34.4k $1.0m | Added +563 |