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, Q2 2025
Institutional positions in Black Hills Corp as of Jun 30, 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
- 413
- +3 vs. Q1 2025
- Shares held
- 61.3M
- +274.3K (+0.4%) vs. Q1 2025
- Total value
- $3.42B
- −$269.1M (−7.3%) vs. Q1 2025
- New holders
- 50
- 174 more added
- Sold out
- 47
- 125 more reduced
4 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,321,896 | $635.2M | 0.01% | +13,772+0.1% | Added |
| Vanguard Group Inc | 8,765,205 | $491.7M | 0.01% | +131,129+1.5% | Added |
| State Street Corp | 3,841,615 | $215.5M | 0.01% | +31,093+0.8% | Added |
| Macquarie Group Ltd | 2,398,289 | $134.5M | 0.17% | +37,196+1.6% | Added |
| Geode Capital Management, LLC | 1,822,356 | $102.3M | 0.01% | +36,818+2.1% | Added |
| Capital Research Global Investors | 1,641,122 | $92.1M | 0.02% | −222,071−11.9% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 1,328,729 | $74.5M | 0.27% | +6,790+0.5% | Added |
| Charles Schwab Investment Management Inc | 1,205,933 | $67.7M | 0.01% | −20,861−1.7% | Reduced |
| Dimensional Fund Advisors LP | 1,077,371 | $60.4M | 0.01% | −4,555−0.4% | Reduced |
| Franklin Resources Inc | 1,045,165 | $58.6M | 0.02% | +388,936+59.3% | Added |
| Nuveen, LLC | 1,025,499 | $57.5M | 0.02% | +256,026+33.3% | Added |
| Northern Trust Corp | 962,752 | $54.0M | 0.01% | −40,559−4.0% | Reduced |
| AQR Capital Management LLC | 899,103 | $50.4M | 0.04% | +10,691+1.2% | Added |
| First Trust Advisors LP | 893,096 | $50.1M | 0.04% | −42,942−4.6% | Reduced |
| Bank of New York Mellon Corp | 867,720 | $48.7M | 0.01% | +43,541+5.3% | Added |
| Invesco Ltd. | 783,753 | $44.0M | 0.01% | −18,792−2.3% | Reduced |
| Victory Capital Management Inc | 707,574 | $39.7M | 0.03% | +55,571+8.5% | Added |
| ProShare Advisors LLC | 664,051 | $37.3M | 0.07% | −346−0.1% | Reduced |
| Morgan Stanley | 637,196 | $35.7M | 0.00% | −15,492−2.4% | Reduced |
| Goldman Sachs Group Inc | 593,174 | $33.3M | 0.01% | −181,309−23.4% | Reduced |
| Millennium Management LLC | 576,991 | $32.4M | 0.03% | −2,806−0.5% | Reduced |
| Massachusetts Financial Services Co | 551,977 | $31.0M | 0.01% | −27,510−4.7% | Reduced |
| Gabelli Funds LLC | 537,873 | $30.2M | 0.21% | +82,773+18.2% | Added |
| Qube Research & Technologies Ltd | 519,340 | $29.1M | 0.04% | +12,732+2.5% | Added |
| Bank of America Corp | 511,601 | $28.7M | 0.00% | −52,540−9.3% | Reduced |
| Janus Henderson Group PLC | 457,158 | $25.6M | 0.01% | +21,439+4.9% | Added |
| Old Republic International Corporation | 416,000 | $23.3M | 0.92% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 398,630 | $22.4M | 0.02% | −1,923−0.5% | Reduced |
| Legal & General Group Plc | 393,787 | $22.1M | 0.01% | +12,097+3.2% | Added |
| Duff & Phelps Investment Management Co | 389,700 | $21.9M | 0.26% | 00.0% | Unchanged |
| Hotchkis & Wiley Capital Management LLC | 388,105 | $21.8M | 0.07% | −28,610−6.9% | Reduced |
| JPMorgan Chase & Co | 368,491 | $20.7M | 0.00% | −52,121−12.4% | Reduced |
| Prudential Financial Inc | 367,234 | $20.6M | 0.03% | +107,176+41.2% | Added |
| Cubist Systematic Strategies, LLC | 337,759 | $18.9M | 0.21% | +95,091+39.2% | Added |
| California Public Employees Retirement System | 295,846 | $16.6M | 0.01% | −50,054−14.5% | Reduced |
| Voya Investment Management LLC | 274,225 | $15.4M | 0.02% | +38,126+16.1% | Added |
| UBS Group AG | 270,303 | $15.2M | 0.00% | −138,325−33.9% | Reduced |
| SG Americas Securities, LLC | 262,011 | $14.7M | 0.06% | +195,640+294.8% | Added |
| Brandywine Global Investment Management, LLC | 248,340 | $13.9M | 0.10% | −9,600−3.7% | Reduced |
| Rhumbline Advisers | 245,119 | $13.8M | 0.01% | +6,123+2.6% | Added |
| Bessemer Group Inc | 232,948 | $13.1M | 0.02% | +14,130+6.5% | Added |
| Principal Financial Group Inc | 218,939 | $12.3M | 0.01% | +3,537+1.6% | Added |
| Glenmede Investment Management, LP | 217,293 | $12.2M | 0.06% | +217,293 | New |
| Gamco Investors, Inc. Et Al | 207,982 | $11.7M | 0.12% | +15,061+7.8% | Added |
| UBS Asset Management Americas Inc | 205,676 | $11.5M | 0.00% | +71,003+52.7% | Added |
| Royal Bank of Canada | 199,254 | $11.2M | 0.00% | +99,588+99.9% | Added |
| Hunter Perkins Capital Management, LLC | 193,540 | $10.9M | 2.57% | −25,678−11.7% | Reduced |
| Barclays PLC | 192,694 | $10.8M | 0.00% | +20,968+12.2% | Added |
| HighTower Advisors, LLC | 173,395 | $9.73M | 0.01% | −15,090−8.0% | Reduced |
| Renaissance Technologies LLC | 172,100 | $9.65M | 0.01% | +113,300+192.7% | Added |
| Phocas Financial Corp. | 171,060 | $9.60M | 1.38% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 163,902 | $9.19M | 0.02% | +12,351+8.1% | Added |
| Arrowstreet Capital, Limited Partnership | 154,417 | $8.66M | 0.01% | +44,466+40.4% | Added |
| Deutsche Bank AG | 150,336 | $8.43M | 0.00% | −7,289−4.6% | Reduced |
| FMR LLC | 147,574 | $8.28M | 0.00% | +122,362+485.3% | Added |
| Leeward Investments, LLC - MA | 145,561 | $8.17M | 0.43% | −6,469−4.3% | Reduced |
| Alliancebernstein L.P. | 145,178 | $8.14M | 0.00% | +10,599+7.9% | Added |
| Great Lakes Advisors, LLC | 144,083 | $8.08M | 0.07% | −23,429−14.0% | Reduced |
| First Eagle Investment Management, LLC | 142,461 | $7.99M | 0.02% | −19,755−12.2% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 139,514 | $7.83M | 0.04% | +2,543+1.9% | Added |
| Thrivent Financial for Lutherans | 138,692 | $7.78M | 0.02% | −42,629−23.5% | Reduced |
| Ameriprise Financial Inc | 138,641 | $7.78M | 0.00% | −7,730−5.3% | Reduced |
| Mutual of America Capital Management LLC | 137,986 | $7.74M | 0.08% | +4,031+3.0% | Added |
| Swiss National Bank | 137,679 | $7.72M | 0.00% | −1,000−0.7% | Reduced |
| Crawford Investment Counsel Inc | 122,720 | $6.88M | 0.12% | −7,819−6.0% | Reduced |
| Two Sigma Advisers, LP | 116,200 | $6.52M | 0.01% | +11,100+10.6% | Added |
| Campbell & CO Investment Adviser LLC | 113,789 | $6.38M | 0.40% | +17,579+18.3% | Added |
| Citadel Advisors LLC | 112,663 | $6.32M | 0.01% | +80,641+251.8% | Added |
| Mairs & Power Inc | 109,398 | $6.14M | 0.06% | −15,552−12.4% | Reduced |
| Dark Forest Capital Management LP | 106,273 | $5.96M | 0.24% | +106,273 | New |
| Martin Capital Partners, LLC | 106,036 | $5.95M | 2.33% | +76,171+255.1% | Added |
| Jane Street Group, LLC | 102,135 | $5.73M | 0.01% | −70,222−40.7% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 101,974 | $5.72M | 0.14% | +87,128+586.9% | Added |
| Adage Capital Partners GP, L.L.C. | 100,000 | $5.61M | 0.01% | +100,000 | New |
| Stifel Financial Corp | 99,576 | $5.59M | 0.01% | +5,743+6.1% | Added |
| Susquehanna International Group, LLP | 99,389 | $5.58M | 0.01% | −2,910−2.8% | Reduced |
| Trexquant Investment LP | 95,765 | $5.37M | 0.06% | +47,907+100.1% | Added |
| Ontario Teachers Pension Plan Board | 94,123 | $5.28M | 0.11% | +43,278+85.1% | Added |
| Congress Asset Management Co | 93,692 | $5.26M | 0.04% | −445−0.5% | Reduced |
| Raymond James Financial Inc | 91,102 | $5.11M | 0.00% | −55,488−37.9% | Reduced |
| Susquehanna Fundamental Investments, LLC | 90,869 | $5.10M | 0.14% | −7,529−7.7% | Reduced |
| Retirement Systems of Alabama | 88,623 | $4.97M | 0.02% | +1,456+1.7% | Added |
| Wells Fargo & Company | 86,770 | $4.87M | 0.00% | +34,222+65.1% | Added |
| Meritage Portfolio Management | 85,584 | $4.80M | 0.30% | +11,755+15.9% | Added |
| Martingale Asset Management L P | 81,744 | $4.59M | 0.11% | +6,450+8.6% | Added |
| Benson Investment Management Company, Inc. | 78,135 | $4.38M | 1.66% | +78,135 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 77,400 | $4.34M | 0.02% | +53,355+221.9% | Added |
| Burney Co | 77,396 | $4.34M | 0.15% | −653−0.8% | Reduced |
| South Dakota Investment Council | 77,175 | $4.33M | 0.08% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 75,672 | $4.25M | 0.05% | +6,258+9.0% | Added |
| New York State Teachers Retirement System | 73,390 | $4.12M | 0.01% | 00.0% | Unchanged |
| California State Teachers Retirement System | 70,549 | $3.96M | 0.00% | +145+0.2% | Added |
| Price T Rowe Associates Inc | 65,216 | $3.66M | 0.00% | +5,551+9.3% | Added |
| Citigroup Inc | 64,990 | $3.65M | 0.00% | −36,646−36.1% | Reduced |
| Boston Partners | 64,668 | $3.63M | 0.00% | +53,655+487.2% | Added |
| Meeder Asset Management Inc | 61,189 | $3.43M | 0.21% | −6,476−9.6% | Reduced |
| Alta Capital Management LLC | 58,957 | $3.31M | 0.19% | +3,242+5.8% | Added |
| Russell Investments Group, Ltd. | 58,731 | $3.29M | 0.00% | +39,527+205.8% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 56,952 | $3.20M | 0.01% | +2,003+3.6% | Added |
| Federated Hermes, Inc. | 55,929 | $3.14M | 0.01% | +1,543+2.8% | Added |