Black Hills Corp
374 hedge funds and large institutions have $3.2B invested in Black Hills Corp in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 166 increasing their positions, 115 reducing their positions, and 47 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 115
8% more call options, than puts
Call options by funds: $3.82M | Put options by funds: $3.52M
2% less capital invested
Capital invested by funds: $3.25B → $3.2B (-$51M)
1.83% less ownership
Funds ownership: 87.5% → 85.67% (-1.8%)
5% less funds holding
Funds holding: 395 → 374 (-21)
30% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 47
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$13M |
| 4 |
Barclays
London,
United Kingdom
|
+$11.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$28M |
| 2 |
Morgan Stanley
New York
|
-$17.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.8M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$15M |
| 5 |
JP Morgan Chase
New York
|
-$11.8M |
BKH Hedge Fund Activity: Q2 2024 in Review
374 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q2 2024, worth a combined $3.2B — down 1.6% from $3.25B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BKH and 33 opened new positions — a net loss of 14 holders — while 115 trimmed existing stakes and 166 added.
The largest buyer was BlackRock, adding an estimated $20.7M. The largest seller was Millennium Management, cutting an estimated $28M.
- 374 institutional investors held Black Hills Corp (BKH) as of Q2 2024, down from 395 in Q1 2024.
- Funds reported $3.2B of Black Hills Corp stock for Q2 2024, down 1.6% quarter-over-quarter.
- 33 funds opened new Black Hills Corp positions in Q2 2024 and 47 closed out, a net change of -14 holders.
- The largest Black Hills Corp buyer in Q2 2024 was BlackRock, an estimated $20.7M added.
- The largest Black Hills Corp seller in Q2 2024 was Millennium Management, an estimated $28M sold.
Based on aggregated 13F filings for Q2 2024.