Black Hills Corporation
BKHU
BKHU was delisted on the 31st of October, 2018.
20 hedge funds and large institutions have $328M invested in Black Hills Corporation in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 6 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% more capital invested
Capital invested by funds: $307M → $328M (+$20.5M)
17% less funds holding
Funds holding: 24 → 20 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$29.7M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$18.3M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$11M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$10.7M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$35M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14M |
| 3 |
OTC
Opera Trading Capital
Paris,
France
|
-$8.34M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.06M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Goldman Sachs
New York
| – | -$517K | -7,500 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$49K | -708 | Closed |
|
BKHU Hedge Fund Activity: Q4 2016 in Review
20 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Black Hills Corporation (BKHU) for Q4 2016, worth a combined $328M — up 6.7% from $307M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKHU and 2 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 10 added.
The largest buyer was Kohlberg Kravis Roberts & Co, opening a new position worth an estimated $29.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $35M sold.
- 20 institutional investors held Black Hills Corporation (BKHU) as of Q4 2016, down from 24 in Q3 2016.
- Funds reported $328M of Black Hills Corporation stock for Q4 2016, up 6.7% quarter-over-quarter.
- 2 funds opened new Black Hills Corporation positions in Q4 2016 and 6 closed out, a net change of -4 holders.
- The largest Black Hills Corporation buyer in Q4 2016 was Kohlberg Kravis Roberts & Co, an estimated $29.7M added.
- The largest Black Hills Corporation seller in Q4 2016 was Lord, Abbett & Co, an estimated $35M sold.
Based on aggregated 13F filings for Q4 2016.