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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, 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.

Institutional holdersQ2 2025: 413 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 heldQ2 2025: $3.42B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q1 2025.

Institutions holding BKH in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
True Wealth Design, LLC1$570.00%00.0%Unchanged
Rialto Wealth Management, LLC1$570.00%+1New
Leonteq Securities AG3$1680.00%00.0%Unchanged
HFM Investment Advisors, LLC3$1680.00%+2+200.0%Added
Bay Harbor Wealth Management, LLC4$2240.00%+3+300.0%Added
SJS Investment Consulting Inc.5$2810.00%−5−50.0%Reduced
WealthTrak Capital Management LLC5$2810.00%00.0%Unchanged
Financial Management Professionals, Inc.6$3370.00%00.0%Unchanged
DiNuzzo Private Wealth, Inc.7$3930.00%−2−22.2%Reduced
MV Capital Management, Inc.9$5050.00%00.0%Unchanged
CVA Family Office, LLC9$5050.00%00.0%Unchanged
South State Corp.10$5610.00%00.0%Unchanged
Sachetta, LLC10$5610.00%00.0%Unchanged
Kilter Group LLC12$6740.00%+12New
NewSquare Capital LLC13$7290.00%+13New
Parkside Financial Bank & Trust15$8420.00%−25−62.5%Reduced
Picton Mahoney Asset Management19$1.00K0.00%00.0%Unchanged
Avion Wealth20$1.00K0.00%00.0%Unchanged
Fortitude Family Office, LLC23$1.29K0.00%+23New
Park Square Financial Group, LLC26$1.46K0.00%+26New
Cornerstone Planning Group LLC27$1.59K0.00%−8−22.9%Reduced
JFS Wealth Advisors, LLC30$1.68K0.00%−13−30.2%Reduced
First Horizon Advisors, Inc.32$1.79K0.00%+24+300.0%Added
Private Trust Co NA40$2.24K0.00%−300−88.2%Reduced
WPG Advisers, LLC50$2.81K0.00%+12+31.6%Added
Bell Investment Advisors, Inc52$2.92K0.00%+13+33.3%Added
Twin Peaks Wealth Advisors, LLC48$2.93K0.00%+48New
Sound Income Strategies, LLC52$2.93K0.00%−417−88.9%Reduced
UMA Financial Services, Inc.58$3.25K0.00%+39+205.3%Added
Clearstead Advisors, LLC79$4.43K0.00%+10+14.5%Added
Private Wealth Management Group, LLC97$5.44K0.00%00.0%Unchanged
St. Johns Investment Management Company, LLC100$5.61K0.00%00.0%Unchanged
Financial Perspectives, Inc100$5.61K0.00%00.0%Unchanged
Advantage Trust Co100$5.61K0.00%+100New
Iron Horse Wealth Management, LLC120$6.73K0.00%00.0%Unchanged
Hemington Wealth Management130$7.00K0.00%−52−28.6%Reduced
Truvestments Capital LLC136$7.63K0.00%−199−59.4%Reduced
Cypress Capital Management LLC (WY)150$8.41K0.01%00.0%Unchanged
Rothschild Investment LLC150$8.41K0.00%+20+15.4%Added
Steward Partners Investment Advisory, LLC165$9.26K0.00%+107+184.5%Added
Hopwood Financial Services, Inc.216$12.1K0.01%00.0%Unchanged
SRS Capital Advisors, Inc.226$12.7K0.00%−46−16.9%Reduced
Smartleaf Asset Management LLC248$13.9K0.00%−243−49.5%Reduced
LRI Investments, LLC268$15.1K0.00%00.0%Unchanged
Bogart Wealth, LLC269$15.1K0.00%+269New
Rise Advisors, LLC273$15.3K0.01%+3+1.1%Added
St Germain D J Co Inc286$16.0K0.00%+286New
Caitong International Asset Management Co., Ltd323$18.1K0.01%+224+226.3%Added
SBI Securities Co., Ltd.329$18.5K0.00%+69+26.5%Added
Bryn Mawr Trust Co358$20.1K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.381$21.4K0.00%+222+139.6%Added
Canton Hathaway, LLC400$22.0K0.00%00.0%Unchanged
Central Trust Co400$22.4K0.00%00.0%Unchanged
Tompkins Financial Corp400$22.4K0.00%00.0%Unchanged
Eastern Bank400$22.4K0.00%00.0%Unchanged
MAI Capital Management429$24.1K0.00%+186+76.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.456$25.6K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.465$26.1K0.00%−175−27.3%Reduced
Atlantic Trust, LLC472$26.5K0.01%−27−5.4%Reduced
Clarity Asset Management, Inc.484$27.2K0.02%−41−7.8%Reduced
Versant Capital Management, Inc489$27.4K0.00%+5+1.0%Added
Hussman Strategic Advisors, Inc.500$28.1K0.01%00.0%Unchanged
IMA Wealth, Inc.500$28.1K0.00%00.0%Unchanged
WealthCollab, LLC525$29.5K0.02%00.0%Unchanged
Spire Wealth Management548$30.7K0.00%+535+4,115.4%Added
TD Waterhouse Canada Inc.550$31.2K0.00%+550New
Global Retirement Partners, LLC592$33.2K0.00%+592New
Gen-Wealth Partners Inc634$35.6K0.01%00.0%Unchanged
GAMMA Investing LLC642$36.0K0.00%+37+6.1%Added
Umb Bank N A651$36.5K0.00%−114−14.9%Reduced
Optiver Holding B.V.689$38.7K0.00%−215−23.8%Reduced
Fifth Third Bancorp699$39.2K0.00%−125−15.2%Reduced
North Star Investment Management Corp.750$42.1K0.00%00.0%Unchanged
Ameritas Advisory Services, LLC763$42.8K0.00%+763New
Bartlett & Co. Wealth Management LLC800$44.9K0.00%00.0%Unchanged
Skopos Labs, Inc.816$45.8K0.01%+673+470.6%Added
Parallel Advisors, LLC827$46.4K0.00%−98−10.6%Reduced
Quarry LP843$47.3K0.01%−669−44.2%Reduced
GWM Advisors LLC880$49.4K0.00%−2,465−73.7%Reduced
Hilltop National Bank900$50.5K0.01%+900New
Nomura Asset Management Co Ltd980$55.0K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC1,000$56.1K0.02%00.0%Unchanged
City State Bank1,000$56.1K0.02%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,000$56.1K0.00%00.0%Unchanged
Larson Financial Group LLC1,030$57.8K0.00%+532+106.8%Added
Geneos Wealth Management Inc.1,037$58.1K0.00%+317+44.0%Added
Byrne Asset Management LLC1,151$64.6K0.04%––
Smithfield Trust Co1,175$65.0K0.00%00.0%Unchanged
Aster Capital Management (DIFC) Ltd1,188$66.6K0.02%+272+29.7%Added
Harbour Investments, Inc.1,200$67.3K0.00%+25+2.1%Added
Asset Planning,Inc1,410$79.1K0.06%+1,410New
CoreCap Advisors, LLC1,424$79.9K0.00%−403−22.1%Reduced
Point72 Hong Kong Ltd1,509$84.6K0.01%+1,178+355.9%Added
Ridgewood Investments LLC1,524$85.5K0.04%−2,933−65.8%Reduced
Farther Finance Advisors, LLC1,546$86.7K0.00%−101−6.1%Reduced
Mitsubishi UFJ Trust & Banking Corp1,559$87.5K0.00%+231+17.4%Added
Neo Ivy Capital Management1,568$88.0K0.03%+1,568New
GPS Wealth Strategies Group, LLC1,597$89.6K0.01%00.0%Unchanged
Public Employees Retirement System of Ohio1,599$89.7K0.00%−74−4.4%Reduced
Simplex Trading, LLC1,605$90.0K0.00%+1,605New