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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 477 | $5.83B |
| Q1 2026 | 476 | $5.31B |
| Q4 2025 | 461 | $5.02B |
| Q3 2025 | 432 | $4.04B |
| Q2 2025 | 413 | $3.42B |
| Q1 2025 | 414 | $3.71B |
| Q4 2024 | 400 | $3.55B |
| Q3 2024 | 394 | $3.71B |
| Q2 2024 | 375 | $3.21B |
| Q1 2024 | 395 | $3.26B |
| Q4 2023 | 365 | $3.19B |
| Q3 2023 | 344 | $2.94B |
| Q2 2023 | 332 | $3.50B |
| Q1 2023 | 331 | $3.63B |
| Q4 2022 | 323 | $4.16B |
| Q3 2022 | 329 | $3.93B |
| Q2 2022 | 347 | $4.13B |
| Q1 2022 | 325 | $4.41B |
| Q4 2021 | 324 | $3.91B |
| Q3 2021 | 293 | $3.46B |
| Q2 2021 | 283 | $3.64B |
| Q1 2021 | 295 | $3.64B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| CWA Asset Management Group, LLC | 10,717 | $650.0K | 0.03% | +1,635+18.0% | Added |
| Meeder Advisory Services, Inc. | 10,731 | $650.9K | 0.04% | −1,493−12.2% | Reduced |
| CSS LLC | 10,808 | $655.5K | 0.05% | 00.0% | Unchanged |
| Boston Partners | 11,013 | $667.9K | 0.00% | +11,013 | New |
| Uncommon Cents Investing LLC | 11,055 | $670.5K | 0.20% | +495+4.7% | Added |
| Aigen Investment Management, LP | 11,086 | $672.4K | 0.11% | +3,316+42.7% | Added |
| Roehl & Yi Investment Advisors, LLC | 11,088 | $672.5K | 0.36% | +78+0.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 11,421 | $692.7K | 0.00% | −1,730−13.2% | Reduced |
| RSM US Wealth Management LLC | 11,706 | $710.0K | 0.01% | +86+0.7% | Added |
| US Bancorp | 11,886 | $720.9K | 0.00% | −48−0.4% | Reduced |
| Kestra Investment Management, LLC | 11,988 | $727.1K | 0.02% | −1,404−10.5% | Reduced |
| O'Shaughnessy Asset Management, LLC | 12,040 | $730.2K | 0.01% | +425+3.7% | Added |
| Hantz Financial Services, Inc. | 12,088 | $733.0K | 0.01% | −11,219−48.1% | Reduced |
| Huber Capital Management LLC | 12,698 | $770.1K | 0.15% | 00.0% | Unchanged |
| Miller Howard Investments Inc | 12,845 | $779.0K | 0.02% | +1,040+8.8% | Added |
| Legacy Financial Advisors, Inc. | 13,091 | $794.0K | 0.13% | −284−2.1% | Reduced |
| Ieq Capital, LLC | 13,263 | $804.4K | 0.01% | +2,267+20.6% | Added |
| New Mexico Educational Retirement Board | 13,306 | $807.0K | 0.03% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 13,318 | $807.7K | 0.01% | +13,318 | New |
| Fox Run Management, L.L.C. | 13,431 | $814.6K | 0.13% | +1,226+10.0% | Added |
| KBC Group NV | 13,534 | $821.0K | 0.00% | +10,827+400.0% | Added |
| Smith, Moore & Co. | 13,832 | $838.9K | 0.08% | −200−1.4% | Reduced |
| The PNC Financial Services Group, Inc. | 14,592 | $885.0K | 0.00% | +1,217+9.1% | Added |
| Oregon Public Employees Retirement Fund | 14,622 | $886.8K | 0.02% | +100+0.7% | Added |
| Y-Intercept (Hong Kong) Ltd | 14,846 | $900.4K | 0.06% | +7,688+107.4% | Added |
| Cornerstone Wealth Management, LLC | 15,153 | $919.0K | 0.06% | −1,088−6.7% | Reduced |
| Icon Advisers Inc | 15,200 | $921.9K | 0.22% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 15,276 | $926.5K | 0.07% | −47−0.3% | Reduced |
| D.A. Davidson & Co. | 15,308 | $928.5K | 0.01% | +2,198+16.8% | Added |
| Commonwealth Equity Services, LLC | 15,449 | $937.0K | 0.00% | +127+0.8% | Added |
| Police & Firemen's Retirement System of New Jersey | 15,527 | $941.7K | 0.01% | +920+6.3% | Added |
| Quadrant Capital Group LLC | 15,834 | $960.3K | 0.04% | +12,124+326.8% | Added |
| Northwestern Mutual Investment Management Company, LLC | 15,924 | $965.8K | 0.02% | +17+0.1% | Added |
| CIBC World Markets Corp | 15,955 | $967.7K | 0.01% | +9,398+143.3% | Added |
| Sabal Trust CO | 16,000 | $970.4K | 0.05% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 16,009 | $971.0K | 0.00% | −556−3.4% | Reduced |
| XTX Topco Ltd | 16,144 | $979.1K | 0.05% | +16,144 | New |
| State of Michigan Retirement System | 17,100 | $1.04M | 0.01% | +200+1.2% | Added |
| Kennedy Capital Management, Inc. | 17,448 | $1.06M | 0.03% | −116,510−87.0% | Reduced |
| BNP Paribas Arbitrage, SA | 18,029 | $1.09M | 0.00% | −972−5.1% | Reduced |
| Cozad Asset Management Inc | 18,199 | $1.10M | 0.11% | 00.0% | Unchanged |
| Alps Advisors Inc | 18,388 | $1.12M | 0.01% | +1,342+7.9% | Added |
| JustInvest LLC | 18,431 | $1.12M | 0.02% | −1,115−5.7% | Reduced |
| Summit Global Investments | 18,682 | $1.13M | 0.08% | +7,135+61.8% | Added |
| State Board of Administration of Florida Retirement System | 18,834 | $1.14M | 0.00% | +2,242+13.5% | Added |
| Ensign Peak Advisors, Inc | 18,838 | $1.14M | 0.00% | −2,470−11.6% | Reduced |
| Russell Investments Group, Ltd. | 19,204 | $1.16M | 0.00% | +17,426+980.1% | Added |
| American Century Companies Inc | 19,504 | $1.18M | 0.00% | −1,958−9.1% | Reduced |
| First PREMIER Bank | 19,560 | $1.19M | 0.30% | −1,040−5.0% | Reduced |
| Dynamic Technology Lab Private Ltd | 19,590 | $1.19M | 0.17% | +2,041+11.6% | Added |
| Guggenheim Capital LLC | 19,669 | $1.19M | 0.01% | +1,520+8.4% | Added |
| Cetera Investment Advisers | 19,969 | $1.21M | 0.00% | −531−2.6% | Reduced |
| Louisiana State Employees Retirement System | 20,100 | $1.22M | 0.02% | +200+1.0% | Added |
| Bank of Montreal | 20,419 | $1.24M | 0.00% | +300+1.5% | Added |
| Allianz Asset Management GmbH | 20,490 | $1.24M | 0.00% | −2,066−9.2% | Reduced |
| Lazard Asset Management LLC | 20,560 | $1.25M | 0.00% | +4,286+26.3% | Added |
| Arizona State Retirement System | 20,530 | $1.25M | 0.01% | +288+1.4% | Added |
| Natixis Advisors, L.P. | 20,926 | $1.27M | 0.00% | +784+3.9% | Added |
| Schonfeld Strategic Advisors LLC | 21,271 | $1.29M | 0.01% | +21,271 | New |
| Teachers Retirement System of the State of Kentucky | 21,298 | $1.29M | 0.01% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 21,749 | $1.32M | 0.10% | +234+1.1% | Added |
| Harbor Capital Advisors, Inc. | 22,021 | $1.34M | 0.06% | +5,867+36.3% | Added |
| HSBC Holdings PLC | 22,225 | $1.34M | 0.00% | −81,999−78.7% | Reduced |
| Van Eck Associates Corp | 22,393 | $1.36M | 0.00% | +1,531+7.3% | Added |
| Mackenzie Financial Corp | 23,259 | $1.41M | 0.00% | −67,160−74.3% | Reduced |
| Yousif Capital Management, LLC | 23,727 | $1.44M | 0.02% | −573−2.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 24,045 | $1.46M | 0.01% | +24,045 | New |
| Convergence Investment Partners, LLC | 24,421 | $1.48M | 0.41% | +351+1.5% | Added |
| SEI Investments Co | 24,728 | $1.50M | 0.00% | +2,424+10.9% | Added |
| Creative Planning | 24,925 | $1.51M | 0.00% | −497−2.0% | Reduced |
| FMR LLC | 25,212 | $1.53M | 0.00% | −13,433−34.8% | Reduced |
| Advisors Asset Management, Inc. | 25,365 | $1.54M | 0.03% | +1,237+5.1% | Added |
| Bollard Group LLC | 25,439 | $1.54M | 0.04% | +327+1.3% | Added |
| Mariner, LLC | 28,953 | $1.76M | 0.00% | +581+2.0% | Added |
| Avantax Planning Partners, Inc. | 29,108 | $1.77M | 0.06% | −3,706−11.3% | Reduced |
| Martin Capital Partners, LLC | 29,865 | $1.81M | 2.17% | −2,113−6.6% | Reduced |
| DC Investments Management, LLC | 29,900 | $1.81M | 0.93% | −1,327−4.2% | Reduced |
| Tudor Investment Corp Et Al | 30,286 | $1.84M | 0.02% | −91,527−75.1% | Reduced |
| Comerica Bank | 31,689 | $1.92M | 0.01% | −1,046−3.2% | Reduced |
| Amalgamated Bank | 31,957 | $1.94M | 0.02% | −755−2.3% | Reduced |
| Citadel Advisors LLC | 32,022 | $1.94M | 0.00% | +22,932+252.3% | Added |
| State of New Jersey Common Pension Fund D | 32,355 | $1.96M | 0.01% | −1,119−3.3% | Reduced |
| Intech Investment Management LLC | 33,120 | $2.01M | 0.02% | +5,859+21.5% | Added |
| Aventail Capital Group, LP | 33,225 | $2.02M | 0.10% | +365+1.1% | Added |
| Verition Fund Management LLC | 33,438 | $2.03M | 0.01% | −80,346−70.6% | Reduced |
| Algert Global LLC | 34,764 | $2.11M | 0.05% | 00.0% | Unchanged |
| Segall Bryant & Hamill, LLC | 35,066 | $2.13M | 0.03% | +100.0% | Added |
| Littlejohn Financial Services, Inc. | 36,400 | $2.21M | 1.74% | +1,308+3.7% | Added |
| AMG National Trust Bank | 38,946 | $2.36M | 0.07% | +4,364+12.6% | Added |
| LPL Financial LLC | 39,802 | $2.41M | 0.00% | +7,211+22.1% | Added |
| Cerity Partners LLC | 40,241 | $2.44M | 0.01% | +2,313+6.1% | Added |
| Ameritas Investment Partners, Inc. | 41,109 | $2.49M | 0.09% | −210−0.5% | Reduced |
| Riverwater Partners LLC | 41,586 | $2.52M | 1.29% | +50.0% | Added |
| Great West Life Assurance Co | 42,387 | $2.58M | 0.00% | −4,125−8.9% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 42,798 | $2.60M | 0.01% | +2,906+7.3% | Added |
| Lesa Sroufe & Co | 43,829 | $2.66M | 2.65% | +43,829 | New |
| Hennessy Advisors Inc | 44,947 | $2.73M | 0.09% | −2,200−4.7% | Reduced |
| Marshall Wace, LLP | 45,059 | $2.73M | 0.00% | +45,059 | New |
| First Manhattan Co | 45,132 | $2.74M | 0.01% | −850−1.8% | Reduced |
| State of Tennessee, Treasury Department | 45,289 | $2.75M | 0.01% | 00.0% | Unchanged |