Tudor Investment Corp ET AL Makes New $10.59 Million Investment in Blackbaud, Inc.

Hedge fund takes major stake in nonprofit software company

Apr. 6, 2026 at 11:28am

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Tudor Investment Corp ET AL, a prominent hedge fund, has acquired a new stake in Blackbaud, Inc., a leading provider of cloud software and data intelligence solutions for the social good community. The fund purchased 164,616 shares of Blackbaud's stock, valued at approximately $10.59 million, giving it a 0.34% ownership stake in the company.

Why it matters

This investment by a major hedge fund like Tudor signals growing institutional interest in Blackbaud, which provides critical technology and services to nonprofit organizations, educational institutions, and other mission-driven entities. As the social impact sector continues to evolve, Blackbaud's software and data solutions are becoming increasingly important for driving efficiency, engagement, and measurable impact.

The details

According to a recent 13F filing, Tudor Investment Corp ET AL acquired the new stake in Blackbaud during the third quarter of the year. The fund's investment represents a significant position, as Blackbaud's total market capitalization is around $1.75 billion. This move comes as Blackbaud has been working to expand its cloud-based offerings and data analytics capabilities to better serve its diverse client base.

  • Tudor Investment Corp ET AL acquired the new stake in Blackbaud during the third quarter of 2026.
  • Blackbaud's stock opened at $38.03 on Monday, April 6, 2026.

The players

Tudor Investment Corp ET AL

A prominent hedge fund that has acquired a new $10.59 million stake in Blackbaud, Inc., giving it a 0.34% ownership position in the company.

Blackbaud, Inc.

A leading provider of cloud software, services, and data intelligence solutions designed specifically for the social good community, including nonprofit organizations, educational institutions, and healthcare providers.

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The takeaway

This investment by Tudor Investment Corp ET AL underscores the growing importance of Blackbaud's role in supporting the technology and data needs of the social good community. As nonprofit organizations and mission-driven entities face increasing pressure to demonstrate impact and optimize operations, Blackbaud's suite of cloud-based solutions is well-positioned to meet these evolving needs.