Black Hills Corp
258 hedge funds and large institutions have $3.16B invested in Black Hills Corp in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 101 increasing their positions, 73 reducing their positions, and 32 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
41% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 32
38% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 73
4% more funds holding
Funds holding: 247 → 258 (+11)
3.25% more ownership
Funds ownership: 95.2% → 98.45% (+3.3%)
10% less capital invested
Capital invested by funds: $3.5B → $3.16B (-$339M)
96% less call options, than puts
Call options by funds: $1.37M | Put options by funds: $35.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$83.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$71.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$21.9M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$20.7M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$89.9M |
| 2 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$73.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$25.8M |
| 5 |
Neuberger Berman Group
New York
|
-$23.1M |
BKH Hedge Fund Activity: Q4 2017 in Review
258 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q4 2017, worth a combined $3.16B — down 9.7% from $3.5B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BKH positions and 32 closed out — a net gain of 13 holders — while 101 added to existing stakes and 73 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $83.8M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $89.9M sold.
- 258 institutional investors held Black Hills Corp (BKH) as of Q4 2017, up from 247 in Q3 2017.
- Funds reported $3.16B of Black Hills Corp stock for Q4 2017, down 9.7% quarter-over-quarter.
- 45 funds opened new Black Hills Corp positions in Q4 2017 and 32 closed out, a net change of +13 holders.
- The largest Black Hills Corp buyer in Q4 2017 was OppenheimerFunds, an estimated $83.8M added.
- The largest Black Hills Corp seller in Q4 2017 was Lord, Abbett & Co, an estimated $89.9M sold.
Based on aggregated 13F filings for Q4 2017.