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 |
|---|---|---|---|---|---|
| New York State Common Retirement Fund | 45,542 | $2.76M | 0.00% | 00.0% | Unchanged |
| Magellan Asset Management Ltd | 45,786 | $2.78M | 0.03% | −2,570−5.3% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 46,708 | $2.83M | 0.01% | +593+1.3% | Added |
| Warren Averett Asset Management, LLC | 47,264 | $2.87M | 0.03% | +3,478+7.9% | Added |
| Trexquant Investment LP | 47,858 | $2.90M | 0.03% | +47,858 | New |
| Nisa Investment Advisors, LLC | 48,010 | $2.91M | 0.01% | −1,051−2.1% | Reduced |
| Inspire Advisors, LLC | 49,448 | $3.00M | 0.35% | +13,885+39.0% | Added |
| Farmers & Merchants Investments Inc | 50,024 | $3.03M | 0.10% | −6,603−11.7% | Reduced |
| Ontario Teachers Pension Plan Board | 50,845 | $3.08M | 0.05% | +7,985+18.6% | Added |
| Wells Fargo & Company | 52,548 | $3.19M | 0.00% | −12,651−19.4% | Reduced |
| John G Ullman & Associates Inc | 53,891 | $3.27M | 0.50% | −1,700−3.1% | Reduced |
| Financial Counselors Inc | 54,175 | $3.29M | 0.05% | +176+0.3% | Added |
| Federated Hermes, Inc. | 54,386 | $3.30M | 0.01% | −7,323−11.9% | Reduced |
| Paradiem, LLC | 54,438 | $3.30M | 0.91% | −2,923−5.1% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 54,949 | $3.33M | 0.01% | +54,949 | New |
| Kingsview Wealth Management, LLC | 55,296 | $3.35M | 0.06% | −3,607−6.1% | Reduced |
| State of Wisconsin Investment Board | 55,579 | $3.37M | 0.01% | −1,273−2.2% | Reduced |
| Alta Capital Management LLC | 55,715 | $3.38M | 0.22% | +4,910+9.7% | Added |
| Renaissance Technologies LLC | 58,800 | $3.57M | 0.01% | +58,800 | New |
| Envestnet Asset Management Inc | 59,163 | $3.59M | 0.00% | +5,075+9.4% | Added |
| Price T Rowe Associates Inc | 59,665 | $3.62M | 0.00% | +6,129+11.4% | Added |
| Squarepoint Ops LLC | 60,139 | $3.65M | 0.01% | +54,965+1,062.3% | Added |
| Quantbot Technologies LP | 63,797 | $3.87M | 0.12% | +63,797 | New |
| SG Americas Securities, LLC | 66,371 | $4.03M | 0.01% | −18,263−21.6% | Reduced |
| Balyasny Asset Management LLC | 67,266 | $4.08M | 0.01% | +13,191+24.4% | Added |
| Meeder Asset Management Inc | 67,665 | $4.10M | 0.28% | +67,665 | New |
| Engineers Gate Manager LP | 69,414 | $4.21M | 0.07% | +65,865+1,855.9% | Added |
| Clark Capital Management Group, Inc. | 69,680 | $4.23M | 0.03% | +8,564+14.0% | Added |
| WCM Investment Management, LLC | 70,437 | $4.23M | 0.01% | −346−0.5% | Reduced |
| California State Teachers Retirement System | 70,404 | $4.27M | 0.01% | +5,140+7.9% | Added |
| New York State Teachers Retirement System | 73,390 | $4.45M | 0.01% | −14,000−16.0% | Reduced |
| Meritage Portfolio Management | 73,829 | $4.48M | 0.30% | +22,844+44.8% | Added |
| Martingale Asset Management L P | 75,294 | $4.57M | 0.12% | +4,813+6.8% | Added |
| South Dakota Investment Council | 77,175 | $4.68M | 0.10% | +5,400+7.5% | Added |
| Burney Co | 78,049 | $4.73M | 0.17% | −446−0.6% | Reduced |
| MetLife Investment Management | 80,287 | $4.87M | 0.03% | −621−0.8% | Reduced |
| Retirement Systems of Alabama | 87,167 | $5.29M | 0.02% | +141+0.2% | Added |
| Stifel Financial Corp | 93,833 | $5.69M | 0.01% | +3,800+4.2% | Added |
| Congress Asset Management Co | 94,137 | $5.71M | 0.04% | −4,276−4.3% | Reduced |
| Campbell & CO Investment Adviser LLC | 96,210 | $5.84M | 0.45% | +96,210 | New |
| Susquehanna Fundamental Investments, LLC | 98,398 | $5.97M | 0.10% | +83,327+552.9% | Added |
| Royal Bank of Canada | 99,666 | $6.04M | 0.00% | −3,638−3.5% | Reduced |
| Keeley-Teton Advisors, LLC | 99,891 | $6.06M | 0.73% | −1,513−1.5% | Reduced |
| Voloridge Investment Management, LLC | 100,988 | $6.12M | 0.02% | +79,621+372.6% | Added |
| Citigroup Inc | 101,636 | $6.16M | 0.00% | +3,315+3.4% | Added |
| Susquehanna International Group, LLP | 102,299 | $6.20M | 0.01% | +68,970+206.9% | Added |
| Two Sigma Advisers, LP | 105,100 | $6.37M | 0.01% | +80,100+320.4% | Added |
| Arrowstreet Capital, Limited Partnership | 109,951 | $6.67M | 0.01% | +109,951 | New |
| Corebridge Financial, Inc. | 113,848 | $6.90M | 0.04% | −1,478−1.3% | Reduced |
| Mairs & Power Inc | 124,950 | $7.58M | 0.08% | −15,395−11.0% | Reduced |
| Crawford Investment Counsel Inc | 130,539 | $7.92M | 0.14% | +1,302+1.0% | Added |
| Wellington Management Group LLP | 131,169 | $7.96M | 0.00% | +131,169 | New |
| Mutual of America Capital Management LLC | 133,955 | $8.12M | 0.09% | +3,921+3.0% | Added |
| Alliancebernstein L.P. | 134,579 | $8.16M | 0.00% | −487−0.4% | Reduced |
| UBS Asset Management Americas Inc | 134,673 | $8.17M | 0.00% | +7,332+5.8% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 136,971 | $8.31M | 0.05% | +4,217+3.2% | Added |
| Swiss National Bank | 138,679 | $8.41M | 0.01% | +1,400+1.0% | Added |
| Ameriprise Financial Inc | 146,371 | $8.88M | 0.00% | +3,654+2.6% | Added |
| Raymond James Financial Inc | 146,590 | $8.89M | 0.00% | +2,817+2.0% | Added |
| Two Sigma Investments, LP | 151,551 | $9.19M | 0.02% | +129,662+592.4% | Added |
| Leeward Investments, LLC - MA | 152,030 | $9.22M | 0.49% | −5,740−3.6% | Reduced |
| Deutsche Bank AG | 157,625 | $9.56M | 0.00% | −22,629−12.6% | Reduced |
| First Eagle Investment Management, LLC | 162,216 | $9.84M | 0.02% | −69,200−29.9% | Reduced |
| Great Lakes Advisors, LLC | 167,512 | $10.2M | 0.09% | −11,746−6.6% | Reduced |
| Phocas Financial Corp. | 171,060 | $10.4M | 1.59% | −9,894−5.5% | Reduced |
| Barclays PLC | 171,726 | $10.4M | 0.00% | −41,750−19.6% | Reduced |
| Jane Street Group, LLC | 172,357 | $10.5M | 0.02% | +172,357 | New |
| Thrivent Financial for Lutherans | 181,321 | $11.0M | 0.02% | +2,398+1.3% | Added |
| HighTower Advisors, LLC | 188,485 | $11.4M | 0.02% | +43,061+29.6% | Added |
| Gamco Investors, Inc. Et Al | 192,921 | $11.7M | 0.13% | +1,500+0.8% | Added |
| Principal Financial Group Inc | 215,402 | $13.1M | 0.01% | +4,077+1.9% | Added |
| Bessemer Group Inc | 218,818 | $13.3M | 0.02% | +218,258+38,974.6% | Added |
| Hunter Perkins Capital Management, LLC | 219,218 | $13.3M | 3.09% | −5,822−2.6% | Reduced |
| Glenmede Trust Co NA | 223,525 | $13.6M | 0.07% | −6,804−3.0% | Reduced |
| Voya Investment Management LLC | 236,099 | $14.3M | 0.02% | +66,096+38.9% | Added |
| Rhumbline Advisers | 238,996 | $14.5M | 0.01% | −1,412−0.6% | Reduced |
| Cubist Systematic Strategies, LLC | 242,668 | $14.7M | 0.19% | +205,414+551.4% | Added |
| Brandywine Global Investment Management, LLC | 257,940 | $15.6M | 0.11% | +13,544+5.5% | Added |
| Prudential Financial Inc | 260,058 | $15.8M | 0.02% | +24,118+10.2% | Added |
| California Public Employees Retirement System | 345,900 | $21.0M | 0.01% | −1,941−0.6% | Reduced |
| Legal & General Group Plc | 381,690 | $23.1M | 0.01% | +1,600+0.4% | Added |
| Duff & Phelps Investment Management Co | 389,700 | $23.6M | 0.28% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 400,553 | $24.3M | 0.02% | +1600.0% | Added |
| UBS Group AG | 408,628 | $24.8M | 0.01% | +96,530+30.9% | Added |
| Old Republic International Corporation | 416,000 | $25.2M | 0.98% | +2,000+0.5% | Added |
| Hotchkis & Wiley Capital Management LLC | 416,715 | $25.3M | 0.08% | −4,255−1.0% | Reduced |
| JPMorgan Chase & Co | 420,612 | $25.5M | 0.00% | −130,802−23.7% | Reduced |
| Janus Henderson Group PLC | 435,719 | $26.2M | 0.01% | +22,272+5.4% | Added |
| Gabelli Funds LLC | 455,100 | $27.6M | 0.21% | −1,500−0.3% | Reduced |
| Qube Research & Technologies Ltd | 506,608 | $30.7M | 0.05% | +146,774+40.8% | Added |
| Bank of America Corp | 564,141 | $34.2M | 0.00% | +56,155+11.1% | Added |
| Massachusetts Financial Services Co | 579,487 | $35.1M | 0.01% | −14,028−2.4% | Reduced |
| Millennium Management LLC | 579,797 | $35.2M | 0.03% | +116,338+25.1% | Added |
| Victory Capital Management Inc | 652,003 | $39.5M | 0.04% | +100,421+18.2% | Added |
| Morgan Stanley | 652,688 | $39.6M | 0.00% | −24,378−3.6% | Reduced |
| Franklin Resources Inc | 656,229 | $39.8M | 0.01% | −241,016−26.9% | Reduced |
| ProShare Advisors LLC | 664,397 | $40.3M | 0.09% | −34,493−4.9% | Reduced |
| Nuveen, LLC | 769,473 | $43.7M | 0.01% | +769,473 | New |
| Goldman Sachs Group Inc | 774,483 | $47.0M | 0.01% | −188,294−19.6% | Reduced |
| Invesco Ltd. | 802,545 | $48.7M | 0.01% | −28,611−3.4% | Reduced |