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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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 241238 (-3)

97% less call options, than puts

Call options by funds: $2.06M | Put options by funds: $65.7M

Holders
238
Holders Change
-3
Holders Change %
-1.24%
% of All Funds
5.95%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
30
Increased
98
Reduced
74
Closed
31
Calls
$2.06M
Puts
$65.7M
Net Calls
-$63.7M
Net Calls Change
+$57.3M
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
76
Eagle Asset Management
Florida
$4.73M +$1.86M +31,183 +68%
AllianceBernstein
77
AllianceBernstein
Tennessee
$4.61M -$51.6K -865 -1%
Legal & General Group
78
Legal & General Group
United Kingdom
$4.52M +$1.58M +26,439 +56%
New York State Teachers Retirement System (NYSTRS)
79
New York State Teachers Retirement System (NYSTRS)
New York
$4.31M
Retirement Systems of Alabama
80
Retirement Systems of Alabama
Alabama
$4.21M +$72K +1,207 +2%
FCI
81
Financial Counselors Inc
Kansas
$4.21M +$4.1M +68,625 New
LSV Asset Management
82
LSV Asset Management
Illinois
$4.2M -$1.5M -25,200 -27%
QI
83
QS Investors
New York
$4.05M
FMII
84
Farmers & Merchants Investments Inc
Nebraska
$3.94M -$5.97K -100 -0.2%
SEI Investments
85
SEI Investments
Pennsylvania
$3.93M +$572K +9,582 +18%
State of Tennessee, Department of Treasury
86
State of Tennessee, Department of Treasury
Tennessee
$3.68M +$1.79M +30,000 +100%
Invesco
87
Invesco
Georgia
$3.43M -$4.48M -75,094 -57%
Prudential Financial
88
Prudential Financial
New Jersey
$3.35M -$1.04M -17,470 -24%
UBS Group
89
UBS Group
Switzerland
$2.95M +$688K +11,526 +31%
TAM
90
TPH Asset Management
Texas
$2.89M +$342K +5,733 +14%
D.E. Shaw & Co
91
D.E. Shaw & Co
New York
$2.67M -$891K -14,922 -25%
MOACM
92
Mutual of America Capital Management
New York
$2.61M -$2.7M -45,189 -52%
AIMCA
93
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$2.52M -$478K -8,015 -16%
Royal Bank of Canada
94
Royal Bank of Canada
Ontario, Canada
$2.44M +$312K +5,221 +15%
Comerica Bank
95
Comerica Bank
Texas
$2.4M +$117K +1,953 +5%
TPSF
96
Texas Permanent School Fund
Texas
$2.38M -$65.4K -1,096 -3%
RJA
97
Raymond James & Associates
Florida
$2.18M +$546K +9,143 +35%
TRSOTSOK
98
Teachers Retirement System of the State of Kentucky
Kentucky
$2.16M +$780K +13,064 +59%
Canada Life
99
Canada Life
Manitoba, Canada
$2.05M +$169K +2,835 +9%
MPAM
100
Monarch Partners Asset Management
Massachusetts
$2.05M -$15.5M -259,661 -89%

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.