Black Hills Corp
249 hedge funds and large institutions have $2.78B invested in Black Hills Corp in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 95 increasing their positions, 69 reducing their positions, and 23 closing their positions.
122% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 23
38% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 69
37% more capital invested
Capital invested by funds: $2.04B → $2.78B (+$745M)
11% more funds holding
Funds holding: 224 → 249 (+25)
4.41% more ownership
Funds ownership: 85.75% → 90.16% (+4.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less call options, than puts
Call options by funds: $5.69M | Put options by funds: $9.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$87.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$49.9M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$48.2M |
| 4 |
Neuberger Berman Group
New York
|
+$30.9M |
| 5 |
Renaissance Technologies
New York
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCI
Jet Capital Investors
New York
|
-$30.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$26.6M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$21.8M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$21.8M |
| 5 |
Millennium Management
New York
|
-$20.8M |
BKH Hedge Fund Activity: Q1 2016 in Review
249 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2016, worth a combined $2.78B — up 37% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BKH positions and 23 closed out — a net gain of 28 holders — while 95 added to existing stakes and 69 trimmed.
The largest buyer was State Street, adding an estimated $87.6M. The largest seller was Jet Capital Investors, cutting an estimated $30.5M.
- 249 institutional investors held Black Hills Corp (BKH) as of Q1 2016, up from 224 in Q4 2015.
- Funds reported $2.78B of Black Hills Corp stock for Q1 2016, up 37% quarter-over-quarter.
- 51 funds opened new Black Hills Corp positions in Q1 2016 and 23 closed out, a net change of +28 holders.
- The largest Black Hills Corp buyer in Q1 2016 was State Street, an estimated $87.6M added.
- The largest Black Hills Corp seller in Q1 2016 was Jet Capital Investors, an estimated $30.5M sold.
Based on aggregated 13F filings for Q1 2016.