Black Hills Corp
292 hedge funds and large institutions have $3.3B invested in Black Hills Corp in 2018 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 88 increasing their positions, 87 reducing their positions, and 28 closing their positions.
79% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 28
19% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $1.09M
8% more capital invested
Capital invested by funds: $3.05B → $3.3B (+$255M)
8% more funds holding
Funds holding: 271 → 292 (+21)
1% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 87
10.21% less ownership
Funds ownership: 97.96% → 87.75% (-10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$40.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.8M |
| 3 |
Renaissance Technologies
New York
|
+$26.8M |
| 4 |
BlackRock
New York
|
+$25M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$56.5M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
-$19.7M |
| 3 |
Millennium Management
New York
|
-$18.5M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$15.2M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$13.6M |
BKH Hedge Fund Activity: Q4 2018 in Review
292 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q4 2018, worth a combined $3.3B — up 8.4% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new BKH positions and 28 closed out — a net gain of 22 holders — while 88 added to existing stakes and 87 trimmed.
The largest buyer was Canada Pension Plan Investment Board, opening a new position worth an estimated $40.6M. The largest seller was Adage Capital Partners, cutting an estimated $56.5M.
- 292 institutional investors held Black Hills Corp (BKH) as of Q4 2018, up from 271 in Q3 2018.
- Funds reported $3.3B of Black Hills Corp stock for Q4 2018, up 8.4% quarter-over-quarter.
- 50 funds opened new Black Hills Corp positions in Q4 2018 and 28 closed out, a net change of +22 holders.
- The largest Black Hills Corp buyer in Q4 2018 was Canada Pension Plan Investment Board, an estimated $40.6M added.
- The largest Black Hills Corp seller in Q4 2018 was Adage Capital Partners, an estimated $56.5M sold.
Based on aggregated 13F filings for Q4 2018.