Black Hills Corp
238 hedge funds and large institutions have $2.97B invested in Black Hills Corp in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 98 increasing their positions, 74 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 74
2% more capital invested
Capital invested by funds: $2.9B → $2.97B (+$70.5M)
0.39% less ownership
Funds ownership: 91.36% → 90.96% (-0.39%)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
1% less funds holding
Funds holding: 241 → 238 (-3)
97% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $65.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$46.2M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$26.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$14.3M |
| 5 |
Goldman Sachs
New York
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$68.7M |
| 2 |
Neuberger Berman Group
New York
|
-$18M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$15.5M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$14.3M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$10.7M |
BKH Hedge Fund Activity: Q4 2016 in Review
238 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q4 2016, worth a combined $2.97B — up 2.4% from $2.9B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BKH and 30 opened new positions — a net loss of 1 holder — while 74 trimmed existing stakes and 98 added.
The largest buyer was Wellington Management Group, adding an estimated $46.2M. The largest seller was Millennium Management, cutting an estimated $68.7M.
- 238 institutional investors held Black Hills Corp (BKH) as of Q4 2016, down from 241 in Q3 2016.
- Funds reported $2.97B of Black Hills Corp stock for Q4 2016, up 2.4% quarter-over-quarter.
- 30 funds opened new Black Hills Corp positions in Q4 2016 and 31 closed out, a net change of -1 holder.
- The largest Black Hills Corp buyer in Q4 2016 was Wellington Management Group, an estimated $46.2M added.
- The largest Black Hills Corp seller in Q4 2016 was Millennium Management, an estimated $68.7M sold.
Based on aggregated 13F filings for Q4 2016.