Black Hills Corporation
BKHU
BKHU was delisted on the 31st of October, 2018.
25 hedge funds and large institutions have $360M invested in Black Hills Corporation in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
25% more funds holding
Funds holding: 20 → 25 (+5)
15% more capital invested
Capital invested by funds: $314M → $360M (+$46M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.6M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$24.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$15.3M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$13M |
| 5 |
AGC
Angelo Gordon & Co
New York
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$54.6M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$38.3M |
| 3 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
-$22.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
26
Nuveen
Charlotte,
North Carolina
| $3 | – | – | – |
|
|
CC
27
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
| – | -$22.2M | -400,000 | Closed |
|
|
MUS
28
Mitsubishi UFJ Securities
Tokyo,
Japan
| – | -$3.4M | -61,261 | Closed |
|
|
BCM
29
Basso Capital Management
Stamford,
Connecticut
| – | -$2.21M | -40,000 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.39M | -25,000 | Closed |
|
|
ACM
31
Advent Capital Management
New York
| – | -$3K | -59 | Closed |
|
BKHU Hedge Fund Activity: Q1 2016 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corporation (BKHU) for Q1 2016, worth a combined $360M — up 15% from $314M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BKHU positions and 5 closed out — a net gain of 5 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $26.6M. The largest seller was Camden Asset Management, cutting an estimated $54.6M.
- 25 institutional investors held Black Hills Corporation (BKHU) as of Q1 2016, up from 20 in Q4 2015.
- Funds reported $360M of Black Hills Corporation stock for Q1 2016, up 15% quarter-over-quarter.
- 10 funds opened new Black Hills Corporation positions in Q1 2016 and 5 closed out, a net change of +5 holders.
- The largest Black Hills Corporation buyer in Q1 2016 was Deutsche Bank, an estimated $26.6M added.
- The largest Black Hills Corporation seller in Q1 2016 was Camden Asset Management, an estimated $54.6M sold.
Based on aggregated 13F filings for Q1 2016.