Black Hills Corp
365 hedge funds and large institutions have $3.24B invested in Black Hills Corp in 2023 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 134 increasing their positions, 107 reducing their positions, and 45 closing their positions.
58% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 45
25% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 107
14% more call options, than puts
Call options by funds: $2.88M | Put options by funds: $2.52M
10% more capital invested
Capital invested by funds: $2.94B → $3.24B (+$297M)
6% more funds holding
Funds holding: 343 → 365 (+22)
1.85% more ownership
Funds ownership: 86.54% → 88.39% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$67.6M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$24.4M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$17.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$64.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$22.7M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$19.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$11.9M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$10.5M |
BKH Hedge Fund Activity: Q4 2023 in Review
365 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q4 2023, worth a combined $3.24B — up 10% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new BKH positions and 45 closed out — a net gain of 26 holders — while 134 added to existing stakes and 107 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $67.6M. The largest seller was Zimmer Partners, exiting entirely with an estimated $64.2M sold.
- 365 institutional investors held Black Hills Corp (BKH) as of Q4 2023, up from 343 in Q3 2023.
- Funds reported $3.24B of Black Hills Corp stock for Q4 2023, up 10% quarter-over-quarter.
- 71 funds opened new Black Hills Corp positions in Q4 2023 and 45 closed out, a net change of +26 holders.
- The largest Black Hills Corp buyer in Q4 2023 was Morgan Stanley, an estimated $67.6M added.
- The largest Black Hills Corp seller in Q4 2023 was Zimmer Partners, an estimated $64.2M sold.
Based on aggregated 13F filings for Q4 2023.