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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
Sunbelt Securities, Inc.1,696$99.2K0.01%+241+16.6%Added
Massmutual Trust Co FSB1,826$102.4K0.00%00.0%Unchanged
KBC Group NV1,906$107.0K0.00%−11,628−85.9%Reduced
Sterling Capital Management LLC1,986$111.4K0.00%+745+60.0%Added
Garde Capital, Inc.2,000$112.2K0.01%00.0%Unchanged
Principal Securities, Inc.2,000$112.2K0.00%+1,682+528.9%Added
Huntington National Bank2,153$120.8K0.00%+102+5.0%Added
Allworth Financial LP2,206$123.8K0.00%+264+13.6%Added
Northwestern Mutual Wealth Management Co2,344$131.5K0.00%+695+42.1%Added
Shell Asset Management Co2,450$137.0K0.00%−585−19.3%Reduced
Scarborough Advisors, LLC2,514$141.0K0.03%+2,514New
Financiere des Professionnels - Fonds d,investissement inc.2,949$165.4K0.01%+2,949New
Jones Financial Companies LLLP3,114$174.2K0.00%+971+45.3%Added
Crewe Advisors LLC3,112$174.6K0.02%+15+0.5%Added
Covestor Ltd3,577$201.0K0.12%−567−13.7%Reduced
Concurrent Investment Advisors, LLC3,584$201.0K0.00%+3,584New
Schonfeld Strategic Advisors LLC3,615$202.8K0.00%−17,656−83.0%Reduced
EverSource Wealth Advisors, LLC3,642$204.3K0.01%+762+26.5%Added
SeaCrest Wealth Management, LLC3,647$204.6K0.02%+13+0.4%Added
Rexford Capital Inc3,662$205.4K0.17%+3,662New
Strategic Blueprint, LLC3,672$206.0K0.01%+3,672New
Ballentine Partners, LLC3,689$207.0K0.00%−268−6.8%Reduced
Gotham Asset Management, LLC3,704$207.8K0.00%+3,704New
Financial Advocates Investment Management3,713$208.3K0.02%+380+11.4%Added
J.W. Cole Advisors, Inc.3,780$212.1K0.00%+475+14.4%Added
Crossmark Global Holdings, Inc.3,827$214.7K0.00%+87+2.3%Added
Chilton Capital Management LLC3,843$215.6K0.01%00.0%Unchanged
International Assets Investment Management, LLC220,354$217.8K0.02%+190,000+625.9%Added
Journey Strategic Wealth LLC3,948$221.5K0.01%−419−9.6%Reduced
CIBC Private Wealth Group, LLC4,044$226.9K0.00%−23−0.6%Reduced
Signaturefd, LLC4,253$238.6K0.00%−309−6.8%Reduced
M&T Bank Corp4,245$238.6K0.00%+4,245New
DekaBank Deutsche Girozentrale4,419$247.0K0.00%+4,419New
CI Private Wealth, LLC4,453$249.8K0.00%+4,453New
Regions Financial Corp4,500$252.4K0.00%+4,500New
Ruggaard & Associates LLC4,649$260.8K0.10%00.0%Unchanged
Atria Wealth Solutions, Inc.4,775$267.9K0.01%−1,046−18.0%Reduced
Baird Financial Group, Inc.4,872$273.3K0.00%−619−11.3%Reduced
Vise Technologies, Inc.4,920$276.0K0.01%+4,920New
Platform Technology Partners4,945$277.4K0.07%00.0%Unchanged
Mount Yale Investment Advisors, LLC4,952$277.8K0.02%+99+2.0%Added
Virginia Retirement Systems Et Al5,000$280.5K0.00%00.0%Unchanged
Vestcor Inc5,079$285.0K0.01%00.0%Unchanged
IFM Investors Pty Ltd5,200$291.7K0.00%+118+2.3%Added
Pinnacle West Asset Management, Inc.5,205$292.0K0.20%−85−1.6%Reduced
Asset Management One Co.,Ltd.5,279$296.2K0.00%+5,279New
Avantax Advisory Services, Inc.5,335$299.3K0.00%+200+3.9%Added
State of Wyoming5,382$301.9K0.04%+4,413+455.4%Added
First National Bank Sioux Falls5,483$307.6K0.11%00.0%Unchanged
Monarch Capital Management Inc5,485$307.7K0.08%00.0%Unchanged
Securian Asset Management, Inc5,522$309.8K0.01%+138+2.6%Added
Public Employees Retirement Association of Colorado5,801$325.0K0.00%00.0%Unchanged
Mercer Global Advisors Inc5,923$332.3K0.00%+2,585+77.4%Added
Mission Wealth Management, LP5,927$332.5K0.01%+63+1.1%Added
NBC Securities, Inc.5,959$334.0K0.03%00.0%Unchanged
RIA Advisory Group LLC5,975$335.2K0.10%−940−13.6%Reduced
Kestra Advisory Services, LLC5,979$335.4K0.00%−174−2.8%Reduced
Clear Creek Financial Management, LLC6,049$339.3K0.03%+1,319+27.9%Added
Balyasny Asset Management LLC6,063$340.1K0.00%−61,203−91.0%Reduced
STRS Ohio6,200$347.8K0.00%+400+6.9%Added
Moors & Cabot, Inc.6,479$363.5K0.02%00.0%Unchanged
Private Advisor Group, LLC6,831$383.2K0.00%−100−1.4%Reduced
IFP Advisors, Inc6,951$390.0K0.01%+1,118+19.2%Added
Arkadios Wealth Advisors6,957$390.3K0.01%+121+1.8%Added
CWM Advisors, LLC6,997$392.5K0.04%+1,162+19.9%Added
Assetmark, Inc7,195$403.6K0.00%+279+4.0%Added
Versor Investments LP7,292$409.1K0.07%−110−1.5%Reduced
EP Wealth Advisors, LLC7,300$409.5K0.00%+250+3.5%Added
Pictet Asset Management Holding SA7,376$413.8K0.00%+587+8.6%Added
Jupiter Asset Management Ltd7,558$424.0K0.00%00.0%Unchanged
Landscape Capital Management, L.L.C.7,584$425.5K0.03%+7,584New
Captrust Financial Advisors7,635$428.3K0.00%+582+8.3%Added
Tower Research Capital LLC (TRC)7,718$433.0K0.01%+3,319+75.4%Added
Burke & Herbert Bank & Trust Co8,000$448.8K0.10%00.0%Unchanged
Eagle Harbor Asset Management Inc8,056$451.9K0.44%−400−4.7%Reduced
State of Alaska, Department of Revenue8,137$456.0K0.00%−250−3.0%Reduced
Los Angeles Capital Management LLC8,196$459.8K0.00%+8,196New
Centiva Capital, LP8,488$476.2K0.03%+3,798+81.0%Added
Wealth Enhancement Advisory Services, LLC8,630$491.1K0.00%+712+9.0%Added
Buckley Wealth Management, LLC8,821$494.9K0.15%+8,821New
Daiwa Securities Group Inc.8,832$495.0K0.00%+787+9.8%Added
Navellier & Associates Inc8,836$495.7K0.06%+30.0%Added
Graham Capital Management, L.P.8,882$498.3K0.02%+8,882New
CIBC World Markets Corp8,963$502.8K0.00%−6,992−43.8%Reduced
CWM, LLC8,969$503.0K0.00%+3,106+53.0%Added
Intrua Financial, LLC9,066$508.6K0.07%+713+8.5%Added
Advisor Group Holdings, Inc.9,068$508.7K0.00%+222+2.5%Added
Quantinno Capital Management LP9,252$519.1K0.00%+2,418+35.4%Added
111 Capital9,496$532.7K0.09%+4,400+86.3%Added
MQS Management LLC9,580$537.4K0.30%+3,722+63.5%Added
RSM US Wealth Management LLC9,721$545.4K0.01%−1,985−17.0%Reduced
Meeder Advisory Services, Inc.9,727$545.7K0.03%−1,004−9.4%Reduced
Atria Investments LLC9,784$548.9K0.01%+151+1.6%Added
Bailard, Inc.10,000$561.0K0.01%00.0%Unchanged
Natixis Advisors, L.P.10,236$574.0K0.00%−10,690−51.1%Reduced
Xponance, Inc.10,250$575.0K0.00%+32+0.3%Added
Henshaw Capital LLC10,641$597.0K0.02%00.0%Unchanged
Commonwealth Equity Services, LLC10,690$600.0K0.00%−4,759−30.8%Reduced
Ieq Capital, LLC10,787$605.2K0.00%−2,476−18.7%Reduced
CSS LLC10,808$606.3K0.04%00.0%Unchanged