Black Hills Corp
247 hedge funds and large institutions have $3.5B invested in Black Hills Corp in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 85 increasing their positions, 81 reducing their positions, and 17 closing their positions.
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
2% more funds holding
Funds holding: 243 → 247 (+4)
1.53% more ownership
Funds ownership: 93.67% → 95.2% (+1.5%)
5% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 81
4% more capital invested
Capital invested by funds: $3.38B → $3.5B (+$120M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
38% less call options, than puts
Call options by funds: $2.37M | Put options by funds: $3.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$48.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$9.34M |
| 5 |
Millennium Management
New York
|
+$8.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$11.9M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.3M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$7.01M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$6.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.7M |
BKH Hedge Fund Activity: Q3 2017 in Review
247 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q3 2017, worth a combined $3.5B — up 3.5% from $3.38B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BKH positions and 17 closed out — a net gain of 8 holders — while 85 added to existing stakes and 81 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $48.6M. The largest seller was BlackRock, cutting an estimated $11.9M.
- 247 institutional investors held Black Hills Corp (BKH) as of Q3 2017, up from 243 in Q2 2017.
- Funds reported $3.5B of Black Hills Corp stock for Q3 2017, up 3.5% quarter-over-quarter.
- 25 funds opened new Black Hills Corp positions in Q3 2017 and 17 closed out, a net change of +8 holders.
- The largest Black Hills Corp buyer in Q3 2017 was AllianceBernstein, an estimated $48.6M added.
- The largest Black Hills Corp seller in Q3 2017 was BlackRock, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2017.