Black Hills Corp
241 hedge funds and large institutions have $2.9B invested in Black Hills Corp in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 95 increasing their positions, 79 reducing their positions, and 33 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 79
0.08% less ownership
Funds ownership: 91.44% → 91.36% (-0.08%)
3% less capital invested
Capital invested by funds: $2.97B → $2.9B (-$78.4M)
5% less funds holding
Funds holding: 254 → 241 (-13)
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
98% less call options, than puts
Call options by funds: $2.26M | Put options by funds: $123M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$39.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$33.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.3M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$29.2M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$44M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$31.1M |
| 3 |
Renaissance Technologies
New York
|
-$19.3M |
| 4 |
TA
Teachers Advisors
New York
|
-$13.4M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$11.7M |
BKH Hedge Fund Activity: Q3 2016 in Review
241 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q3 2016, worth a combined $2.9B — down 2.6% from $2.97B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BKH and 24 opened new positions — a net loss of 9 holders — while 79 trimmed existing stakes and 95 added.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $39.8M. The largest seller was Macquarie Group, cutting an estimated $44M.
- 241 institutional investors held Black Hills Corp (BKH) as of Q3 2016, down from 254 in Q2 2016.
- Funds reported $2.9B of Black Hills Corp stock for Q3 2016, down 2.6% quarter-over-quarter.
- 24 funds opened new Black Hills Corp positions in Q3 2016 and 33 closed out, a net change of -9 holders.
- The largest Black Hills Corp buyer in Q3 2016 was Epoch Investment Partners, an estimated $39.8M added.
- The largest Black Hills Corp seller in Q3 2016 was Macquarie Group, an estimated $44M sold.
Based on aggregated 13F filings for Q3 2016.