Black Hills Corporation
BKHU
BKHU was delisted on the 31st of October, 2018.
24 hedge funds and large institutions have $307M invested in Black Hills Corporation in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 15 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4% less funds holding
Funds holding: 25 → 24 (-1)
23% less capital invested
Capital invested by funds: $402M → $307M (-$94.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
87% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.9M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$17M |
| 3 |
MA
MUFG Americas
New York
|
+$1.84M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.02M |
| 5 |
Goldman Sachs
New York
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$512M |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$20.9M |
| 3 |
SG Americas Securities
New York
|
-$15.3M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$13.7M |
| 5 |
OTC
Opera Trading Capital
Paris,
France
|
-$8.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KKRC
26
Kohlberg Kravis Roberts & Co
New York
| – | -$20.9M | -297,753 | Closed |
|
27
Daiwa Securities Group
Tokyo,
Japan
| – | -$2.83M | -40,000 | Closed |
|
28
Citigroup
New York
| – | -$2.51M | -35,800 | Closed |
|
29
Nomura Holdings
Tokyo,
Japan
| – | -$2.34M | -33,255 | Closed |
|
BKHU Hedge Fund Activity: Q3 2016 in Review
24 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corporation (BKHU) for Q3 2016, worth a combined $307M — down 23% from $402M a quarter earlier.
Fund positioning in BKHU was balanced in Q3 2016: 4 funds opened new positions, 4 closed out, 2 added to existing stakes and 15 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $20.9M. The largest seller was BlueCrest Capital Management, cutting an estimated $512M.
- 24 institutional investors held Black Hills Corporation (BKHU) as of Q3 2016, down from 25 in Q2 2016.
- Funds reported $307M of Black Hills Corporation stock for Q3 2016, down 23% quarter-over-quarter.
- 4 funds opened new Black Hills Corporation positions in Q3 2016 and 4 closed out, a net change of 0 holders.
- The largest Black Hills Corporation buyer in Q3 2016 was Lord, Abbett & Co, an estimated $20.9M added.
- The largest Black Hills Corporation seller in Q3 2016 was BlueCrest Capital Management, an estimated $512M sold.
Based on aggregated 13F filings for Q3 2016.