Black Hills Corp
412 hedge funds and large institutions have $3.71B invested in Black Hills Corp in 2025 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 162 increasing their positions, 127 reducing their positions, and 40 closing their positions.
60% more call options, than puts
Call options by funds: $3.4M | Put options by funds: $2.12M
43% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 40
28% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 127
4% more funds holding
Funds holding: 398 → 412 (+14)
5% more capital invested
Capital invested by funds: $3.55B → $3.71B (+$160M)
0.17% more ownership
Funds ownership: 84.89% → 85.06% (+0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$12.9M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$12.2M |
| 3 |
Jane Street
New York
|
+$10.2M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.69M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$20.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$14.3M |
| 3 |
BlackRock
New York
|
-$11.4M |
| 4 |
Goldman Sachs
New York
|
-$11.1M |
| 5 |
ZP
Zimmer Partners
New York
|
-$8.94M |
BKH Hedge Fund Activity: Q1 2025 in Review
412 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2025, worth a combined $3.71B — up 4.5% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new BKH positions and 40 closed out — a net gain of 17 holders — while 162 added to existing stakes and 127 trimmed.
The largest buyer was Bessemer Group, adding an estimated $12.9M. The largest seller was Nuveen, cutting an estimated $20.2M.
- 412 institutional investors held Black Hills Corp (BKH) as of Q1 2025, up from 398 in Q4 2024.
- Funds reported $3.71B of Black Hills Corp stock for Q1 2025, up 4.5% quarter-over-quarter.
- 57 funds opened new Black Hills Corp positions in Q1 2025 and 40 closed out, a net change of +17 holders.
- The largest Black Hills Corp buyer in Q1 2025 was Bessemer Group, an estimated $12.9M added.
- The largest Black Hills Corp seller in Q1 2025 was Nuveen, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2025.