Black Hills Corp
254 hedge funds and large institutions have $2.97B invested in Black Hills Corp in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 100 increasing their positions, 77 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 77
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
8% more capital invested
Capital invested by funds: $2.76B → $2.97B (+$212M)
2% more funds holding
Funds holding: 249 → 254 (+5)
1.28% more ownership
Funds ownership: 90.16% → 91.44% (+1.3%)
91% less call options, than puts
Call options by funds: $5.92M | Put options by funds: $65.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$44.9M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$35.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$16.8M |
| 4 |
Millennium Management
New York
|
+$15.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$40.9M |
| 2 |
JCI
Jet Capital Investors
New York
|
-$37.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$30.1M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$13.9M |
| 5 |
Two Sigma Investments
New York
|
-$7.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
276
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$6K | -94 | Closed |
|
|
PIA
277
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$3.73K | -62 | Closed |
|
278
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$3K | -52 | Closed |
|
BKH Hedge Fund Activity: Q2 2016 in Review
254 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q2 2016, worth a combined $2.97B — up 7.7% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BKH positions and 25 closed out — a net gain of 7 holders — while 100 added to existing stakes and 77 trimmed.
The largest buyer was Macquarie Group, adding an estimated $44.9M. The largest seller was State Street, cutting an estimated $40.9M.
- 254 institutional investors held Black Hills Corp (BKH) as of Q2 2016, up from 249 in Q1 2016.
- Funds reported $2.97B of Black Hills Corp stock for Q2 2016, up 7.7% quarter-over-quarter.
- 32 funds opened new Black Hills Corp positions in Q2 2016 and 25 closed out, a net change of +7 holders.
- The largest Black Hills Corp buyer in Q2 2016 was Macquarie Group, an estimated $44.9M added.
- The largest Black Hills Corp seller in Q2 2016 was State Street, an estimated $40.9M sold.
Based on aggregated 13F filings for Q2 2016.