Black Hills Corp
207 hedge funds and large institutions have $1.62B invested in Black Hills Corp in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 82 increasing their positions, 71 reducing their positions, and 22 closing their positions.
1,840% more call options, than puts
Call options by funds: $16.2M | Put options by funds: $836K
15% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 71
0.23% more ownership
Funds ownership: 73.22% → 73.46% (+0.23%)
1% less funds holding
Funds holding: 209 → 207 (-2)
4% less capital invested
Capital invested by funds: $1.7B → $1.62B (-$71.3M)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$25.2M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$22.2M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.15M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$6.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$37.4M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$12.4M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$10.6M |
| 4 |
MCM
Moore Capital Management
New York
|
-$8.32M |
| 5 |
Morgan Stanley
New York
|
-$7.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Group One Trading
Chicago,
Illinois
| – | -$77K | -1,459 | Closed |
|
|
GH
227
GAM Holding
Zurich,
Switzerland
| – | -$38K | -721 | Closed |
|
228
Envestnet Asset Management
Chicago,
Illinois
| – | -$18K | -331 | Closed |
|
|
NPC
229
National Planning Corporation
El Segundo,
California
| – | -$5.13K | -100 | Closed |
|
BKH Hedge Fund Activity: Q1 2015 in Review
207 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2015, worth a combined $1.62B — down 4.2% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BKH and 21 opened new positions — a net loss of 1 holder — while 71 trimmed existing stakes and 82 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $25.2M. The largest seller was Deutsche Bank, cutting an estimated $37.4M.
- 207 institutional investors held Black Hills Corp (BKH) as of Q1 2015, down from 209 in Q4 2014.
- Funds reported $1.62B of Black Hills Corp stock for Q1 2015, down 4.2% quarter-over-quarter.
- 21 funds opened new Black Hills Corp positions in Q1 2015 and 22 closed out, a net change of -1 holder.
- The largest Black Hills Corp buyer in Q1 2015 was Adage Capital Partners, an estimated $25.2M added.
- The largest Black Hills Corp seller in Q1 2015 was Deutsche Bank, an estimated $37.4M sold.
Based on aggregated 13F filings for Q1 2015.