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Black Hills Corp

300 hedge funds and large institutions have $3.5B invested in Black Hills Corp in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 96 increasing their positions, 96 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.87% more ownership

Funds ownership: 86.16%87.03% (+0.87%)

0% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 96

8% less call options, than puts

Call options by funds: $2.03M | Put options by funds: $2.21M

3% less funds holding

Funds holding: 309300 (-9)

12% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 49

16% less capital invested

Capital invested by funds: $4.16B → $3.5B (-$663M)

Holders
300
Holders Change
-9
Holders Change %
-2.91%
% of All Funds
6.61%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
43
Increased
96
Reduced
96
Closed
49
Calls
$2.03M
Puts
$2.21M
Net Calls
-$182K
Net Calls Change
-$126K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$536M -$15.6M -205,692 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$445M +$7.94M +104,989 +2%
State Street
3
State Street
Massachusetts
$313M -$7.96M -105,300 -2%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$183M -$16.4M -217,197 -7%
Macquarie Group
5
Macquarie Group
Australia
$138M +$67M +885,348 +70%
Renaissance Technologies
6
Renaissance Technologies
New York
$112M +$25M +331,208 +23%
AllianceBernstein
7
AllianceBernstein
Tennessee
$91.7M +$9.08M +120,058 +9%
Victory Capital Management
8
Victory Capital Management
Texas
$88M +$59.8M +790,789 +135%
Northern Trust
9
Northern Trust
Illinois
$85.2M +$448K +5,925 +0.4%
Franklin Resources
10
Franklin Resources
California
$74M +$24.3M +320,841 +38%
Janus Henderson Group
11
Janus Henderson Group
United Kingdom
$68.5M +$2.86M +37,880 +4%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$57.2M +$375K +4,953 +0.6%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$56.6M +$4.94M +65,290 +8%
N
14
Nuveen
North Carolina
$54.2M -$4.31M -57,024 -6%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$51.2M +$976K +12,911 +2%
CRM
16
Cramer Rosenthal McGlynn
Connecticut
$50.6M -$4.93M -65,217 -8%
Invesco
17
Invesco
Georgia
$49.7M -$11.7M -154,414 -17%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$48.6M -$1.12M -14,827 -2%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$46.1M +$293K +3,871 +0.5%
Charles Schwab
20
Charles Schwab
California
$43.3M +$2.85M +37,630 +6%
RCAMU
21
Rothschild & Co Asset Management US
Connecticut
$42.5M -$504K -6,664 -1%
First Trust Advisors
22
First Trust Advisors
Illinois
$42.5M +$1.65M +21,853 +3%
JP Morgan Chase
23
JP Morgan Chase
New York
$36.8M -$7.08M -93,630 -14%
DPIM
24
Duff & Phelps Investment Management
Illinois
$32.3M +$13.4M +177,000 +54%
GF
25
Gabelli Funds
New York
$29.9M -$151K -2,000 -0.4%

BKH Hedge Fund Activity: Q1 2020 in Review

300 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2020, worth a combined $3.5B — down 16% from $4.16B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of BKH and 43 opened new positions — a net loss of 6 holders — while 96 trimmed existing stakes and 96 added.

The largest buyer was Macquarie Group, adding an estimated $67M. The largest seller was Wellington Management Group, cutting an estimated $16.4M.

  • 300 institutional investors held Black Hills Corp (BKH) as of Q1 2020, down from 309 in Q4 2019.
  • Funds reported $3.5B of Black Hills Corp stock for Q1 2020, down 16% quarter-over-quarter.
  • 43 funds opened new Black Hills Corp positions in Q1 2020 and 49 closed out, a net change of -6 holders.
  • The largest Black Hills Corp buyer in Q1 2020 was Macquarie Group, an estimated $67M added.
  • The largest Black Hills Corp seller in Q1 2020 was Wellington Management Group, an estimated $16.4M sold.

Based on aggregated 13F filings for Q1 2020.