Black Hills Corp
305 hedge funds and large institutions have $3.9B invested in Black Hills Corp in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 89 increasing their positions, 90 reducing their positions, and 40 closing their positions.
38% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 40
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more capital invested
Capital invested by funds: $3.3B → $3.9B (+$595M)
4% more funds holding
Funds holding: 292 → 305 (+13)
0.29% less ownership
Funds ownership: 87.75% → 87.47% (-0.29%)
1% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67.8M |
| 2 |
JP Morgan Chase
New York
|
+$24M |
| 3 |
Renaissance Technologies
New York
|
+$21.1M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$17M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$26.2M |
| 2 |
BlackRock
New York
|
-$24M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$24M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$18.4M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.7M |
BKH Hedge Fund Activity: Q1 2019 in Review
305 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2019, worth a combined $3.9B — up 18% from $3.3B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new BKH positions and 40 closed out — a net gain of 15 holders — while 89 added to existing stakes and 90 trimmed.
The largest buyer was Vanguard Group, adding an estimated $67.8M. The largest seller was Goldman Sachs, cutting an estimated $26.2M.
- 305 institutional investors held Black Hills Corp (BKH) as of Q1 2019, up from 292 in Q4 2018.
- Funds reported $3.9B of Black Hills Corp stock for Q1 2019, up 18% quarter-over-quarter.
- 55 funds opened new Black Hills Corp positions in Q1 2019 and 40 closed out, a net change of +15 holders.
- The largest Black Hills Corp buyer in Q1 2019 was Vanguard Group, an estimated $67.8M added.
- The largest Black Hills Corp seller in Q1 2019 was Goldman Sachs, an estimated $26.2M sold.
Based on aggregated 13F filings for Q1 2019.