Black Hills Corp
BKH
295 hedge funds and large institutions have $3.06B invested in Black Hills Corp in 2020 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 110 increasing their positions, 87 reducing their positions, and 39 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 87
8% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 39
1.24% less ownership
Funds ownership: 87.03% → 85.79% (-1.2%)
2% less funds holding
Funds holding: 300 → 295 (-5)
13% less capital invested
Capital invested by funds: $3.5B → $3.06B (-$439M)
19% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $1.44M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$31.1M |
| 2 |
Millennium Management
New York
|
+$28.3M |
| 3 |
BlackRock
New York
|
+$13.7M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$12M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$47M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$39.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$34.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$28M |
| 5 |
Renaissance Technologies
New York
|
-$21.3M |
BKH Hedge Fund Activity: Q2 2020 in Review
295 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q2 2020, worth a combined $3.06B — down 13% from $3.5B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BKH and 36 opened new positions — a net loss of 3 holders — while 87 trimmed existing stakes and 110 added.
The largest buyer was Citadel Advisors, adding an estimated $31.1M. The largest seller was Victory Capital Management, cutting an estimated $47M.
- 295 institutional investors held Black Hills Corp (BKH) as of Q2 2020, down from 300 in Q1 2020.
- Funds reported $3.06B of Black Hills Corp stock for Q2 2020, down 13% quarter-over-quarter.
- 36 funds opened new Black Hills Corp positions in Q2 2020 and 39 closed out, a net change of -3 holders.
- The largest Black Hills Corp buyer in Q2 2020 was Citadel Advisors, an estimated $31.1M added.
- The largest Black Hills Corp seller in Q2 2020 was Victory Capital Management, an estimated $47M sold.
Based on aggregated 13F filings for Q2 2020.