Black Hills Corp
343 hedge funds and large institutions have $2.94B invested in Black Hills Corp in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 120 increasing their positions, 123 reducing their positions, and 32 closing their positions.
41% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 32
3% more funds holding
Funds holding: 332 → 343 (+11)
0.67% less ownership
Funds ownership: 87.22% → 86.54% (-0.67%)
2% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 123
4% less call options, than puts
Call options by funds: $2.08M | Put options by funds: $2.17M
16% less capital invested
Capital invested by funds: $3.5B → $2.94B (-$564M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$41.9M |
| 2 |
ZP
Zimmer Partners
New York
|
+$35M |
| 3 |
Millennium Management
New York
|
+$33M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$18.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$242M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$24.7M |
| 3 |
ClearBridge Investments
New York
|
-$8.16M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$8.03M |
| 5 |
Renaissance Technologies
New York
|
-$6.71M |
BKH Hedge Fund Activity: Q3 2023 in Review
343 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q3 2023, worth a combined $2.94B — down 16% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BKH positions and 32 closed out — a net gain of 13 holders — while 120 added to existing stakes and 123 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $41.9M. The largest seller was State Street, cutting an estimated $242M.
- 343 institutional investors held Black Hills Corp (BKH) as of Q3 2023, up from 332 in Q2 2023.
- Funds reported $2.94B of Black Hills Corp stock for Q3 2023, down 16% quarter-over-quarter.
- 45 funds opened new Black Hills Corp positions in Q3 2023 and 32 closed out, a net change of +13 holders.
- The largest Black Hills Corp buyer in Q3 2023 was Capital Research Global Investors, an estimated $41.9M added.
- The largest Black Hills Corp seller in Q3 2023 was State Street, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2023.