Black Hills Corp
209 hedge funds and large institutions have $1.7B invested in Black Hills Corp in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 64 increasing their positions, 85 reducing their positions, and 20 closing their positions.
5,767% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $446K
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
10% more capital invested
Capital invested by funds: $1.54B → $1.7B (+$154M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.54% less ownership
Funds ownership: 73.76% → 73.22% (-0.54%)
1% less funds holding
Funds holding: 212 → 209 (-3)
25% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$41M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$14M |
| 4 |
Morgan Stanley
New York
|
+$7.88M |
| 5 |
Goldman Sachs
New York
|
+$5.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$17.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.4M |
| 3 |
MCM
Moore Capital Management
New York
|
-$4.61M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
-$3.96M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$3.93M |
BKH Hedge Fund Activity: Q4 2014 in Review
209 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q4 2014, worth a combined $1.7B — up 10% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BKH positions and 20 closed out — a net gain of 2 holders — while 64 added to existing stakes and 85 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $41M. The largest seller was Norges Bank, exiting entirely with an estimated $17.4M sold.
- 209 institutional investors held Black Hills Corp (BKH) as of Q4 2014, down from 212 in Q3 2014.
- Funds reported $1.7B of Black Hills Corp stock for Q4 2014, up 10% quarter-over-quarter.
- 22 funds opened new Black Hills Corp positions in Q4 2014 and 20 closed out, a net change of +2 holders.
- The largest Black Hills Corp buyer in Q4 2014 was Victory Capital Management, an estimated $41M added.
- The largest Black Hills Corp seller in Q4 2014 was Norges Bank, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2014.