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Black Hills Corp

BKH
Exchange
NYSE
Industry
Electric Services
SEC CIK
0001130464

No open-market purchases or sales by Black Hills Corp insiders were filed in the last 90 days; 477 institutions reported holding it in 13F filings for Q2 2026, worth $5.84B in total; no superinvestor holds it.

13F holders, Q2 2026

Institutional positions in Black Hills Corp as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
477
+7 vs. Q1 2026
Shares held
78.5M
+2.43M (+3.2%) vs. Q1 2026
Total value
$5.84B
+$561.4M (+10.6%) vs. Q1 2026
New holders
59
202 more added
Sold out
52
133 more reduced

6 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BKH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 477 institutions
Q1 2021: 295 institutionsQ2 2021: 283 institutionsQ3 2021: 293 institutionsQ4 2021: 324 institutionsQ1 2022: 325 institutionsQ2 2022: 347 institutionsQ3 2022: 329 institutionsQ4 2022: 323 institutionsQ1 2023: 331 institutionsQ2 2023: 332 institutionsQ3 2023: 344 institutionsQ4 2023: 365 institutionsQ1 2024: 395 institutionsQ2 2024: 375 institutionsQ3 2024: 394 institutionsQ4 2024: 400 institutionsQ1 2025: 414 institutionsQ2 2025: 413 institutionsQ3 2025: 432 institutionsQ4 2025: 461 institutionsQ1 2026: 476 institutionsQ2 2026: 477 institutions
Value heldQ2 2026: $5.84B
Q1 2021: $3.64BQ2 2021: $3.64BQ3 2021: $3.46BQ4 2021: $3.92BQ1 2022: $4.41BQ2 2022: $4.13BQ3 2022: $3.99BQ4 2022: $4.16BQ1 2023: $3.64BQ2 2023: $3.50BQ3 2023: $2.94BQ4 2023: $3.26BQ1 2024: $3.40BQ2 2024: $3.23BQ3 2024: $3.76BQ4 2024: $3.57BQ1 2025: $3.73BQ2 2025: $3.44BQ3 2025: $4.07BQ4 2025: $5.08BQ1 2026: $5.31BQ2 2026: $5.84B
Institutions holding BKH and their total value by quarter
QuarterHoldersValue
Q2 2026477$5.84B
Q1 2026476$5.31B
Q4 2025461$5.08B
Q3 2025432$4.07B
Q2 2025413$3.44B
Q1 2025414$3.73B
Q4 2024400$3.57B
Q3 2024394$3.76B
Q2 2024375$3.23B
Q1 2024395$3.40B
Q4 2023365$3.26B
Q3 2023344$2.94B
Q2 2023332$3.50B
Q1 2023331$3.64B
Q4 2022323$4.16B
Q3 2022329$3.99B
Q2 2022347$4.13B
Q1 2022325$4.41B
Q4 2021324$3.92B
Q3 2021293$3.46B
Q2 2021283$3.64B
Q1 2021295$3.64B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q1 2026.

Institutions holding BKH in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.12,482,189$928.7M0.01%+352,531+2.9%Added
Vanguard Portfolio Management LLC5,141,103$382.5M0.02%+101,233+2.0%Added
State Street Corp3,819,510$284.2M0.01%+198,954+5.5%Added
Vanguard Capital Management LLC3,428,442$255.1M0.01%+58,854+1.7%Added
Nomura Asset Management International Inc.2,496,967$185.8M0.28%−182,225−6.8%Reduced
AQR Capital Management LLC2,232,003$166.1M0.06%+636,408+39.9%Added
Point72 Asset Management, L.P.2,161,197$160.8M0.25%+217,982+11.2%Added
Geode Capital Management, LLC2,131,386$158.6M0.01%+136,571+6.8%Added
Franklin Resources Inc1,963,191$146.1M0.03%+386,820+24.5%Added
Capital Research Global Investors1,825,961$135.9M0.02%−449,961−19.8%Reduced
Two Sigma Investments, LP1,663,178$123.7M0.09%−552,825−24.9%Reduced
Cohen & Steers, Inc.1,607,981$119.6M0.19%+339,707+26.8%Added
Covalis Capital LLP1,481,404$110.2M6.22%−271,442−15.5%Reduced
Engineers Gate Manager LP1,442,064$107.3M1.39%+379,211+35.7%Added
Goldman Sachs Group Inc1,431,217$106.5M0.01%−153,308−9.7%Reduced
Citadel Advisors LLC1,259,693$93.7M0.05%+356,679+39.5%Added
Charles Schwab Investment Management Inc1,213,841$90.3M0.01%−2,510−0.2%Reduced
Adage Capital Partners GP, L.L.C.1,185,024$88.2M0.12%−884,803−42.7%Reduced
Dimensional Fund Advisors LP1,171,138$87.1M0.02%+29,866+2.6%Added
Invesco Ltd.1,170,367$87.1M0.01%+109,704+10.3%Added
Morgan Stanley1,127,193$83.9M0.00%+306,348+37.3%Added
Nuveen, LLC979,186$72.9M0.02%+5,940+0.6%Added
Victory Capital Management Inc939,239$69.9M0.04%+254,144+37.1%Added
Northern Trust Corp924,786$68.8M0.01%−19,508−2.1%Reduced
Pictet Asset Management Holding SA835,252$62.1M0.06%+241,709+40.7%Added
Bank of New York Mellon Corp763,990$56.8M0.01%−20,261−2.6%Reduced
Fuller & Thaler Asset Management, Inc.747,808$55.6M0.15%−20,884−2.7%Reduced
First Trust Advisors LP676,867$50.4M0.03%−28,184−4.0%Reduced
Bank of America Corp572,758$42.6M0.00%−327,205−36.4%Reduced
Gabelli Funds LLC518,975$38.6M0.25%−11,341−2.1%Reduced
Crawford Investment Counsel Inc516,589$38.4M0.64%−1670.0%Reduced
Vanguard Fiduciary Trust Co504,768$37.6M0.01%+14,754+3.0%Added
ProShare Advisors LLC464,173$34.5M0.05%+16,612+3.7%Added
Duff & Phelps Investment Management Co459,540$34.2M0.32%00.0%Unchanged
Yaupon Capital Management LP458,430$34.1M1.14%+211,781+85.9%Added
Merewether Investment Management, LP455,327$33.9M0.64%+455,327New
JPMorgan Chase & Co421,165$32.0M0.00%+10,610+2.6%Added
UBS Group AG421,574$31.4M0.00%+22,268+5.6%Added
Old Republic International Corporation416,000$31.0M1.16%00.0%Unchanged
Manufacturers Life Insurance Company, The395,331$29.4M0.02%+365+0.1%Added
HighTower Advisors, LLC394,572$29.4M0.03%+60,052+18.0%Added
First Eagle Investment Management, LLC355,980$26.5M0.02%+227,210+176.4%Added
Hotchkis & Wiley Capital Management LLC354,743$26.4M0.08%+2,170+0.6%Added
Principal Financial Group Inc340,645$25.3M0.01%+19,699+6.1%Added
Connor, Clark & Lunn Investment Management Ltd.337,335$25.1M0.05%+55,896+19.9%Added
D. E. Shaw & Co., Inc.335,535$25.0M0.02%−12,119−3.5%Reduced
Legal & General Group Plc321,911$24.0M0.00%+8,089+2.6%Added
Jupiter Topco LLC316,064$23.5M0.01%+316,064New
Freestone Grove Partners LP302,329$22.5M0.15%−90,492−23.0%Reduced
Resolution Capital Ltd257,983$19.2M0.35%+86,275+50.2%Added
Renaissance Technologies LLC247,800$18.4M0.03%+168,600+212.9%Added
Rhumbline Advisers241,914$18.0M0.01%+11,065+4.8%Added
Eventide Asset Management, LLC230,351$17.2M0.23%+230,351New
Congress Asset Management Co219,718$16.3M0.10%+107,972+96.6%Added
Paradiem, LLC219,405$16.3M3.52%−5,463−2.4%Reduced
BW Gestao de Investimentos Ltda.215,401$16.0M0.39%+84,663+64.8%Added
Gamco Investors, Inc. Et Al206,488$15.4M0.14%−839−0.4%Reduced
Zimmer Partners, LP193,534$14.4M0.34%−547,500−73.9%Reduced
Squarepoint Ops LLC190,598$14.2M0.03%−78,477−29.2%Reduced
Verbena Value LP178,800$13.3M2.20%+178,800New
Glenmede Trust Co NA167,215$12.4M0.05%−7,535−4.3%Reduced
Russell Investments Group, Ltd.160,433$11.9M0.01%+37,264+30.3%Added
Swiss National Bank152,579$11.4M0.01%+3,300+2.2%Added
California Public Employees Retirement System148,807$11.1M0.01%−31,692−17.6%Reduced
Alliancebernstein L.P.155,711$10.8M0.00%+8,238+5.6%Added
Hunter Perkins Capital Management, LLC140,213$10.4M2.34%−500−0.4%Reduced
Leeward Investments, LLC - MA135,390$10.1M0.46%−2,385−1.7%Reduced
Ceredex Value Advisors LLC135,300$10.1M0.28%+135,300New
Ameriprise Financial Inc134,718$10.0M0.00%+735+0.5%Added
Royal Bank of Canada132,406$9.85M0.00%+29,303+28.4%Added
Lighthouse Investment Partners, LLC129,097$9.60M0.30%+63,955+98.2%Added
Martin Capital Partners, LLC123,104$9.16M3.37%−225−0.2%Reduced
Voya Investment Management LLC122,778$9.13M0.01%−7,246−5.6%Reduced
Stifel Financial Corp117,181$8.72M0.01%+412+0.4%Added
UBS Asset Management Americas Inc115,661$8.61M0.00%+398+0.3%Added
Mutual of America Capital Management LLC114,791$8.54M0.08%−6,557−5.4%Reduced
Phocas Financial Corp.113,884$8.47M1.18%−5,951−5.0%Reduced
Cerity Partners LLC112,794$8.39M0.01%+30,995+37.9%Added
HITE Hedge Asset Management LLC108,500$8.07M0.44%00.0%Unchanged
Verition Fund Management LLC105,000$7.81M0.05%+5,741+5.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys104,756$7.79M0.04%−12,791−10.9%Reduced
Price T Rowe Associates Inc103,696$7.71M0.00%+15,551+17.6%Added
Cambridge Investment Research Advisors, Inc.100,976$7.51M0.01%+51,806+105.4%Added
SEI Investments Co98,513$7.33M0.01%−6,833−6.5%Reduced
Mairs & Power Inc98,285$7.31M0.07%00.0%Unchanged
Thrivent Financial for Lutherans96,182$7.16M0.01%+3,119+3.4%Added
Tudor Investment Corp Et Al95,184$7.08M0.03%+6,984+7.9%Added
Ieq Capital, LLC92,351$6.87M0.03%+26,530+40.3%Added
Wells Fargo & Company91,625$6.82M0.00%+34,799+61.2%Added
Voloridge Investment Management, LLC88,457$6.58M0.03%−25,728−22.5%Reduced
California State Teachers Retirement System87,420$6.50M0.01%−2,050−2.3%Reduced
Magellan Asset Management Ltd85,307$6.35M0.14%+11,145+15.0%Added
Hudson Bay Capital Management LP85,101$6.33M0.03%+11,200+15.2%Added
SG Americas Securities, LLC85,084$6.33M0.00%+55,864+191.2%Added
Mariner, LLC84,814$6.31M0.01%+39,130+85.7%Added
MetLife Investment Management80,633$6.00M0.03%+3,542+4.6%Added
Retirement Systems of Alabama78,739$5.86M0.02%−13,789−14.9%Reduced
Deutsche Bank AG78,413$5.83M0.00%+15,411+24.5%Added
Sagefield Capital LP77,093$5.74M0.43%+77,093New
Citigroup Inc76,354$5.68M0.00%+45,722+149.3%Added