Institutional investors hold a majority ownership of BLKB through the 106.11% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Packaged Software industry. Last, during the quarter ended December 2012, these large investors purchased a net $2.7 million shares.
| Individual stakeholders | 8.61% |
| Mutual fund holders | 57.16% |
| Other institutional | 48.95% |