Black Hills Corp
219 hedge funds and large institutions have $1.8B invested in Black Hills Corp in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 77 reducing their positions, and 19 closing their positions.
3,390% more call options, than puts
Call options by funds: $30.4M | Put options by funds: $871K
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more capital invested
Capital invested by funds: $1.6B → $1.8B (+$199M)
3% more funds holding
Funds holding: 213 → 219 (+6)
1.43% more ownership
Funds ownership: 70.2% → 71.63% (+1.4%)
6% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$71.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.4M |
| 3 |
Goldman Sachs
New York
|
+$21.8M |
| 4 |
Morgan Stanley
New York
|
+$9.13M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$6.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27.6M |
| 3 |
Bank of New York Mellon
New York
|
-$19M |
| 4 |
JCI
Jet Capital Investors
New York
|
-$16.7M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
LPL Financial
San Diego,
California
| – | -$432K | -8,231 | Closed |
|
|
TC
227
TradeLink Capital
Chicago,
Illinois
| – | -$415K | -7,900 | Closed |
|
|
AGM
228
Alpine Global Management
New York
| – | -$354K | -6,750 | Closed |
|
|
CAS
229
CTC Alternative Strategies
Chicago,
Illinois
| – | -$336K | -6,400 | Closed |
|
|
WMSA
230
Weiss Multi-Strategy Advisers
New York
| – | -$328K | -6,240 | Closed |
|
231
Capital Fund Management (CFM)
Paris,
France
| – | -$272K | -5,178 | Closed |
|
|
CAM
232
Capstone Asset Management
Houston,
Texas
| – | -$224K | -4,268 | Closed |
|
233
Group One Trading
Chicago,
Illinois
| – | -$87K | -1,659 | Closed |
|
|
TWA
234
TCI Wealth Advisors
Tucson,
Arizona
| – | -$16K | -300 | Closed |
|
|
ACM
235
Aviance Capital Management
Sarasota,
Florida
| – | -$16K | -296 | Closed |
|
|
PCM
236
Prelude Capital Management
New York
| – | -$11K | -200 | Closed |
|
|
OSAM
237
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -15 | Closed |
|
BKH Hedge Fund Activity: Q1 2014 in Review
219 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2014, worth a combined $1.8B — up 12% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BKH positions and 19 closed out — a net gain of 7 holders — while 72 added to existing stakes and 77 trimmed.
The largest buyer was State Street, adding an estimated $71.7M. The largest seller was First Trust Advisors, cutting an estimated $27.6M.
- 219 institutional investors held Black Hills Corp (BKH) as of Q1 2014, up from 213 in Q4 2013.
- Funds reported $1.8B of Black Hills Corp stock for Q1 2014, up 12% quarter-over-quarter.
- 26 funds opened new Black Hills Corp positions in Q1 2014 and 19 closed out, a net change of +7 holders.
- The largest Black Hills Corp buyer in Q1 2014 was State Street, an estimated $71.7M added.
- The largest Black Hills Corp seller in Q1 2014 was First Trust Advisors, an estimated $27.6M sold.
Based on aggregated 13F filings for Q1 2014.