Black Hills Corp
330 hedge funds and large institutions have $3.63B invested in Black Hills Corp in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 103 increasing their positions, 117 reducing their positions, and 39 closing their positions.
33% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 39
3% more funds holding
Funds holding: 321 → 330 (+9)
2.71% less ownership
Funds ownership: 89.57% → 86.86% (-2.7%)
11% less capital invested
Capital invested by funds: $4.1B → $3.63B (-$462M)
12% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 117
14% less call options, than puts
Call options by funds: $2.08M | Put options by funds: $2.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$30.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$27.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$18.4M |
| 4 |
Janus Henderson Group
London,
|
+$14.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.7M |
| 2 |
BlackRock
New York
|
-$49.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$36.9M |
| 4 |
Goldman Sachs
New York
|
-$18.2M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$11.7M |
BKH Hedge Fund Activity: Q1 2023 in Review
330 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corp (BKH) for Q1 2023, worth a combined $3.63B — down 11% from $4.1B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BKH positions and 39 closed out — a net gain of 13 holders — while 103 added to existing stakes and 117 trimmed.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $30.6M. The largest seller was Wellington Management Group, cutting an estimated $71.7M.
- 330 institutional investors held Black Hills Corp (BKH) as of Q1 2023, up from 321 in Q4 2022.
- Funds reported $3.63B of Black Hills Corp stock for Q1 2023, down 11% quarter-over-quarter.
- 52 funds opened new Black Hills Corp positions in Q1 2023 and 39 closed out, a net change of +13 holders.
- The largest Black Hills Corp buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $30.6M added.
- The largest Black Hills Corp seller in Q1 2023 was Wellington Management Group, an estimated $71.7M sold.
Based on aggregated 13F filings for Q1 2023.