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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 $5.83B in total; no superinvestor holds it.

13F holders, Q4 2023

Institutional positions in Black Hills Corp as of Dec 31, 2023. 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
365
+25 vs. Q3 2023
Shares held
59.2M
+1.16M (+2.0%) vs. Q3 2023
Total value
$3.19B
+$250.5M (+8.5%) vs. Q3 2023
New holders
70
134 more added
Sold out
45
107 more reduced

4 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 holdersQ4 2023: 365 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 heldQ4 2023: $3.19B
Q1 2021: $3.64BQ2 2021: $3.64BQ3 2021: $3.46BQ4 2021: $3.91BQ1 2022: $4.41BQ2 2022: $4.13BQ3 2022: $3.93BQ4 2022: $4.16BQ1 2023: $3.63BQ2 2023: $3.50BQ3 2023: $2.94BQ4 2023: $3.19BQ1 2024: $3.26BQ2 2024: $3.21BQ3 2024: $3.71BQ4 2024: $3.55BQ1 2025: $3.71BQ2 2025: $3.42BQ3 2025: $4.04BQ4 2025: $5.02BQ1 2026: $5.31BQ2 2026: $5.83B
Institutions holding BKH and their total value by quarter
QuarterHoldersValue
Q2 2026477$5.83B
Q1 2026476$5.31B
Q4 2025461$5.02B
Q3 2025432$4.04B
Q2 2025413$3.42B
Q1 2025414$3.71B
Q4 2024400$3.55B
Q3 2024394$3.71B
Q2 2024375$3.21B
Q1 2024395$3.26B
Q4 2023365$3.19B
Q3 2023344$2.94B
Q2 2023332$3.50B
Q1 2023331$3.63B
Q4 2022323$4.16B
Q3 2022329$3.93B
Q2 2022347$4.13B
Q1 2022325$4.41B
Q4 2021324$3.91B
Q3 2021293$3.46B
Q2 2021283$3.64B
Q1 2021295$3.64B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q3 2023.

Institutions holding BKH in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.10,122,756$546.1M0.01%+238,772+2.4%Added
Vanguard Group Inc8,143,567$439.3M0.01%+322,271+4.1%Added
State Street Corp3,656,584$197.3M0.01%−44,127−1.2%Reduced
Capital Research Global Investors3,251,722$175.4M0.04%+475,768+17.1%Added
Macquarie Group Ltd2,517,822$135.8M0.16%+83,997+3.5%Added
Fuller & Thaler Asset Management, Inc.1,529,518$82.5M0.42%+185,356+13.8%Added
Geode Capital Management, LLC1,478,373$79.8M0.01%+81,797+5.9%Added
First Trust Advisors LP1,444,698$77.9M0.09%−4,006−0.3%Reduced
Nuveen Asset Management, LLC1,170,570$63.2M0.02%+129,923+12.5%Added
Janus Henderson Group PLC1,034,591$55.8M0.03%−64,762−5.9%Reduced
Bank of New York Mellon Corp942,830$50.9M0.01%+58,422+6.6%Added
Northern Trust Corp926,246$50.0M0.01%−31,610−3.3%Reduced
AQR Capital Management LLC921,330$49.6M0.09%+143,934+18.5%Added
Massachusetts Financial Services Co904,220$48.8M0.02%+3,949+0.4%Added
Morgan Stanley887,602$47.9M0.00%+430,649+94.2%Added
Dimensional Fund Advisors LP872,773$47.1M0.01%−17,746−2.0%Reduced
Invesco Ltd.825,767$44.6M0.01%+38,956+5.0%Added
Charles Schwab Investment Management Inc780,510$42.1M0.01%+29,141+3.9%Added
Millennium Management LLC776,417$41.9M0.04%+115,056+17.4%Added
ProShare Advisors LLC765,684$41.3M0.13%+36,526+5.0%Added
Goldman Sachs Group Inc755,095$40.7M0.01%+203,340+36.9%Added
Manufacturers Life Insurance Company, The725,151$39.1M0.02%+48,711+7.2%Added
Bank of America Corp524,410$28.3M0.00%+73,408+16.3%Added
Prudential Financial Inc490,807$26.5M0.04%+53,396+12.2%Added
Gabelli Funds LLC460,100$24.8M0.19%−500−0.1%Reduced
Ameriprise Financial Inc422,128$22.8M0.01%+299,789+245.0%Added
Franklin Resources Inc417,597$22.5M0.01%−1,364−0.3%Reduced
Old Republic International Corporation414,000$22.3M0.84%00.0%Unchanged
Legal & General Group Plc390,227$21.1M0.01%+27,079+7.5%Added
Duff & Phelps Investment Management Co389,700$21.0M0.25%00.0%Unchanged
JPMorgan Chase & Co352,824$19.0M0.00%+119,248+51.1%Added
Jupiter Asset Management Ltd345,764$18.7M0.18%+345,764New
California Public Employees Retirement System336,675$18.2M0.01%−742−0.2%Reduced
Assenagon Asset Management S.A.256,527$13.8M0.04%+221,898+640.8%Added
Principal Financial Group Inc253,846$13.7M0.01%−55,970−18.1%Reduced
Rhumbline Advisers250,147$13.5M0.01%+16,212+6.9%Added
Hunter Perkins Capital Management, LLC250,130$13.5M2.82%−1,920−0.8%Reduced
Glenmede Trust Co NA219,759$11.9M0.06%+219,759New
Hotchkis & Wiley Capital Management LLC213,290$11.5M0.04%+17,750+9.1%Added
First Eagle Investment Management, LLC203,690$11.0M0.03%+44,500+28.0%Added
Cubist Systematic Strategies, LLC194,575$10.5M0.13%+29,461+17.8%Added
Gamco Investors, Inc. Et Al191,591$10.3M0.11%−400−0.2%Reduced
FMR LLC184,200$9.94M0.00%−75,364−29.0%Reduced
Victory Capital Management Inc170,781$9.21M0.01%+11,549+7.3%Added
Leeward Investments, LLC - MA167,522$9.04M0.42%−1,683−1.0%Reduced
Barclays PLC149,710$8.08M0.00%+108,850+266.4%Added
Tudor Investment Corp Et Al147,252$7.94M0.11%−23,123−13.6%Reduced
Mutual of America Capital Management LLC141,455$7.63M0.09%−3,317−2.3%Reduced
Alliancebernstein L.P.138,011$7.45M0.00%−4,929−3.4%Reduced
Kennedy Capital Management, Inc.132,521$7.15M0.16%+10,791+8.9%Added
Swiss National Bank132,279$7.14M0.01%−14,800−10.1%Reduced
Mairs & Power Inc129,190$6.97M0.07%−2,435−1.8%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys126,158$6.81M0.05%+3,595+2.9%Added
Thrivent Financial for Lutherans124,854$6.74M0.01%−442,381−78.0%Reduced
American International Group, Inc.124,851$6.74M0.03%−2,422−1.9%Reduced
Citadel Advisors LLC124,238$6.70M0.01%+71,700+136.5%Added
Balyasny Asset Management LLC121,616$6.56M0.02%+93,994+340.3%Added
Crawford Investment Counsel Inc121,423$6.55M0.13%+4,139+3.5%Added
State of Wisconsin Investment Board114,524$6.18M0.02%+24,559+27.3%Added
Deutsche Bank AG112,598$6.07M0.00%+83,794+290.9%Added
Panagora Asset Management Inc111,289$6.00M0.03%+106,777+2,366.5%Added
Voloridge Investment Management, LLC107,266$5.79M0.02%+27,238+34.0%Added
Farmers & Merchants Investments Inc97,056$5.24M0.19%−75,231−43.7%Reduced
New York State Teachers Retirement System95,690$5.16M0.01%00.0%Unchanged
Marshall Wace, LLP95,427$5.15M0.01%−233,012−70.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.92,563$4.99M0.02%+36,462+65.0%Added
Insight Folios Inc91,666$4.95M2.14%+8,913+10.8%Added
Phocas Financial Corp.87,408$4.72M0.62%+852+1.0%Added
UBS Asset Management Americas Inc85,960$4.64M0.00%+12,889+17.6%Added
Acadian Asset Management LLC85,764$4.62M0.02%+74,139+637.8%Added
Chartwell Investment Partners, LLC85,541$4.62M0.16%−3,100−3.5%Reduced
Retirement Systems of Alabama85,157$4.59M0.02%+1,362+1.6%Added
Qube Research & Technologies Ltd83,086$4.48M0.01%+34,134+69.7%Added
Man Group plc82,564$4.45M0.01%––
Keeley-Teton Advisors, LLC82,195$4.43M0.57%−5,202−6.0%Reduced
UBS Group AG81,983$4.42M0.00%−33,530−29.0%Reduced
Royal Bank of Canada75,567$4.08M0.00%+19,818+35.5%Added
Voya Investment Management LLC72,346$3.90M0.00%+6,330+9.6%Added
MetLife Investment Management72,143$3.89M0.03%−115−0.2%Reduced
Squarepoint Ops LLC71,949$3.88M0.02%+169+0.2%Added
Ontario Teachers Pension Plan Board71,413$3.85M0.04%+27,072+61.1%Added
California State Teachers Retirement System71,411$3.85M0.01%−2,972−4.0%Reduced
Guggenheim Capital LLC69,855$3.77M0.03%−23,676−25.3%Reduced
South Dakota Investment Council68,853$3.71M0.08%00.0%Unchanged
Trexquant Investment LP67,999$3.67M0.08%+43,272+175.0%Added
Hennessy Advisors Inc64,547$3.48M0.18%00.0%Unchanged
Jane Street Group, LLC64,158$3.46M0.00%−28,997−31.1%Reduced
Mackenzie Financial Corp61,385$3.31M0.00%+56,954+1,285.4%Added
Meritage Portfolio Management61,034$3.29M0.22%+61,034New
Holocene Advisors, LP60,355$3.26M0.01%−3,448−5.4%Reduced
Texas Permanent School Fund58,636$3.16M0.03%+1,664+2.9%Added
Susquehanna International Group, LLP56,979$3.07M0.01%−151,408−72.7%Reduced
Gotham Asset Management, LLC55,120$2.97M0.06%+27,727+101.2%Added
Congress Asset Management Co54,923$2.96M0.02%−3,551−6.1%Reduced
Magellan Asset Management Ltd54,671$2.95M0.03%−801−1.4%Reduced
Financial Counselors Inc54,586$2.94M0.05%−250.0%Reduced
Jump Financial, LLC54,328$2.93M0.09%+54,328New
BNP Paribas Arbitrage, SA48,937$2.64M0.00%+13,233+37.1%Added
First Manhattan Co48,663$2.63M0.01%−1,209−2.4%Reduced
State of New Jersey Common Pension Fund D48,536$2.62M0.01%+3,601+8.0%Added