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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, Q1 2025

Institutional positions in Black Hills Corp as of Mar 31, 2025. 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
414
+18 vs. Q4 2024
Shares held
61.3M
+1.66M (+2.8%) vs. Q4 2024
Total value
$3.71B
+$224.6M (+6.4%) vs. Q4 2024
New holders
58
162 more added
Sold out
40
127 more reduced

4 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 holdersQ1 2025: 414 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 heldQ1 2025: $3.71B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q4 2024.

Institutions holding BKH in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Quent Capital, LLC1$580.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC1$600.00%+1New
True Wealth Design, LLC1$610.00%+1New
HFM Investment Advisors, LLC1$610.00%+1New
Leonteq Securities AG3$1820.00%00.0%Unchanged
WealthTrak Capital Management LLC5$3040.00%00.0%Unchanged
Financial Management Professionals, Inc.6$3640.00%00.0%Unchanged
Headlands Technologies LLC6$3640.00%+6New
First Horizon Advisors, Inc.8$4980.00%00.0%Unchanged
MV Capital Management, Inc.9$5460.00%00.0%Unchanged
CVA Family Office, LLC9$5460.00%00.0%Unchanged
DiNuzzo Private Wealth, Inc.9$5460.00%+3+50.0%Added
Global Financial Private Client, LLC9$5460.00%+6+200.0%Added
Sachetta, LLC10$6070.00%00.0%Unchanged
SJS Investment Consulting Inc.10$6070.00%+1+11.1%Added
South State Corp.10$6070.00%+10New
Spire Wealth Management13$7880.00%00.0%Unchanged
Horizon Investments, LLC14$8490.00%00.0%Unchanged
Picton Mahoney Asset Management19$1.00K0.00%00.0%Unchanged
Avion Wealth20$1.00K0.00%00.0%Unchanged
UMA Financial Services, Inc.19$1.15K0.00%00.0%Unchanged
Stephens Consulting, LLC25$1.52K0.00%+25New
Cherry Tree Wealth Management, LLC33$2.00K0.00%+33New
Cornerstone Planning Group LLC35$2.12K0.00%00.0%Unchanged
WPG Advisers, LLC38$2.31K0.00%−12−24.0%Reduced
Bell Investment Advisors, Inc39$2.37K0.00%00.0%Unchanged
Parkside Financial Bank & Trust40$2.43K0.00%+40New
JFS Wealth Advisors, LLC43$2.61K0.00%+9+26.5%Added
PSI Advisors, LLC47$2.85K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC58$3.52K0.00%00.0%Unchanged
Clearstead Advisors, LLC69$4.18K0.00%+69New
Boston Private Wealth LLC79$4.79K0.00%+79New
Private Wealth Management Group, LLC97$5.88K0.00%00.0%Unchanged
Richardson Financial Services Inc.98$5.94K0.00%−1−1.0%Reduced
Caitong International Asset Management Co., Ltd99$6.00K0.00%+99New
St. Johns Investment Management Company, LLC100$6.07K0.00%00.0%Unchanged
Financial Perspectives, Inc100$6.07K0.00%00.0%Unchanged
Riggs Asset Managment Co. Inc.106$6.43K0.00%00.0%Unchanged
Iron Horse Wealth Management, LLC120$7.28K0.00%−60−33.3%Reduced
Rothschild Investment LLC130$7.88K0.00%+25+23.8%Added
Skopos Labs, Inc.143$8.67K0.00%+82+134.4%Added
Cypress Capital Management LLC (WY)150$9.10K0.01%00.0%Unchanged
GHP Investment Advisors, Inc.159$9.64K0.00%00.0%Unchanged
Hemington Wealth Management182$11.0K0.00%−13−6.7%Reduced
Hopwood Financial Services, Inc.216$13.1K0.01%00.0%Unchanged
MAI Capital Management243$14.7K0.00%00.0%Unchanged
SBI Securities Co., Ltd.260$15.8K0.00%−20−7.1%Reduced
LRI Investments, LLC268$16.3K0.00%00.0%Unchanged
Rise Advisors, LLC270$16.4K0.01%−207−43.4%Reduced
SRS Capital Advisors, Inc.272$16.5K0.00%−1,027−79.1%Reduced
Principal Securities, Inc.318$18.6K0.00%00.0%Unchanged
Point72 Hong Kong Ltd331$20.0K0.00%+331New
Truvestments Capital LLC335$20.3K0.00%−376−52.9%Reduced
Private Trust Co NA340$20.6K0.00%+300+750.0%Added
Salem Investment Counselors Inc350$21.2K0.00%00.0%Unchanged
Bryn Mawr Trust Co358$21.7K0.00%+5+1.4%Added
Canton Hathaway, LLC400$24.0K0.00%00.0%Unchanged
Central Trust Co400$24.3K0.00%00.0%Unchanged
Tompkins Financial Corp400$24.3K0.00%00.0%Unchanged
Eastern Bank400$24.3K0.00%00.0%Unchanged
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.456$27.7K0.00%00.0%Unchanged
Sound Income Strategies, LLC469$28.4K0.00%00.0%Unchanged
Versant Capital Management, Inc484$29.4K0.00%+11+2.3%Added
Smartleaf Asset Management LLC491$29.5K0.00%+59+13.7%Added
Larson Financial Group LLC498$30.2K0.00%+37+8.0%Added
Atlantic Trust, LLC499$30.3K0.01%+499New
Hussman Strategic Advisors, Inc.500$30.3K0.01%00.0%Unchanged
IMA Wealth, Inc.500$30.3K0.00%+500New
Clarity Asset Management, Inc.525$31.8K0.02%−233−30.7%Reduced
WealthCollab, LLC525$31.8K0.02%00.0%Unchanged
GAMMA Investing LLC605$36.7K0.00%+225+59.2%Added
Gen-Wealth Partners Inc634$38.5K0.02%−53−7.7%Reduced
Ronald Blue Trust, Inc.640$38.8K0.00%+169+35.9%Added
Riverview Trust Co704$42.7K0.04%00.0%Unchanged
Geneos Wealth Management Inc.720$43.6K0.00%+35+5.1%Added
North Star Investment Management Corp.750$45.5K0.00%00.0%Unchanged
Umb Bank N A765$46.4K0.00%+140+22.4%Added
Bartlett & Co. Wealth Management LLC800$48.5K0.00%00.0%Unchanged
Fifth Third Bancorp824$50.0K0.00%+119+16.9%Added
Byrne Asset Management LLC–$51.2K0.04%––
International Assets Investment Management, LLC30,354$52.8K0.00%+334+1.1%Added
Marshall Investment Management, LLC901$54.6K0.03%+20+2.3%Added
Optiver Holding B.V.904$54.8K0.00%+904New
Aster Capital Management (DIFC) Ltd916$56.0K0.01%−10,090−91.7%Reduced
Parallel Advisors, LLC925$56.1K0.00%+168+22.2%Added
State of Wyoming969$58.8K0.01%+969New
Hexagon Capital Partners LLC972$59.0K0.01%+132+15.7%Added
Nomura Asset Management Co Ltd980$59.4K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC1,000$60.6K0.02%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,000$60.6K0.00%00.0%Unchanged
City State Bank1,000$60.6K0.02%+1,000New
Coldstream Capital Management Inc1,076$65.3K0.00%+1,076New
Smithfield Trust Co1,175$71.0K0.00%00.0%Unchanged
Harbour Investments, Inc.1,175$71.3K0.00%00.0%Unchanged
Sterling Capital Management LLC1,241$75.3K0.00%−12,051−90.7%Reduced
Atala Financial Inc1,308$79.3K0.06%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp1,328$80.5K0.00%−5,882−81.6%Reduced
Sunbelt Securities, Inc.1,455$88.2K0.01%−241−14.2%Reduced
Point72 Asia (Singapore) Pte. Ltd.1,505$91.3K0.02%+1,505New
Quarry LP1,512$91.7K0.02%+731+93.6%Added