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 |
|---|---|---|---|---|---|
| Bahl & Gaynor Inc | 10,905 | $611.8K | 0.00% | +10,905 | New |
| Teacher Retirement System of Texas | 10,932 | $613.3K | 0.00% | +485+4.6% | Added |
| Sequoia Financial Advisors, LLC | 10,981 | $616.0K | 0.00% | +10,981 | New |
| Uncommon Cents Investing LLC | 11,015 | $617.9K | 0.17% | −40−0.4% | Reduced |
| Roehl & Yi Investment Advisors, LLC | 11,088 | $622.0K | 0.32% | 00.0% | Unchanged |
| HSBC Holdings PLC | 11,290 | $630.4K | 0.00% | −10,935−49.2% | Reduced |
| US Bancorp | 11,561 | $648.6K | 0.00% | −325−2.7% | Reduced |
| Gsa Capital Partners LLP | 11,711 | $657.0K | 0.05% | +11,711 | New |
| XTX Topco Ltd | 11,958 | $670.8K | 0.03% | −4,186−25.9% | Reduced |
| Neuberger Berman Group LLC | 12,001 | $673.3K | 0.00% | +5,004+71.5% | Added |
| Icon Advisers Inc | 12,237 | $686.5K | 0.16% | −2,963−19.5% | Reduced |
| Greenland Capital Management LP | 12,293 | $689.6K | 0.09% | +12,293 | New |
| Hantz Financial Services, Inc. | 12,400 | $696.0K | 0.01% | +312+2.6% | Added |
| Inceptionr LLC | 12,650 | $709.7K | 0.16% | +12,650 | New |
| CWA Asset Management Group, LLC | 12,677 | $711.2K | 0.03% | +1,960+18.3% | Added |
| Twinbeech Capital LP | 12,707 | $712.9K | 0.02% | +12,707 | New |
| Smith, Moore & Co. | 12,777 | $716.8K | 0.06% | −1,055−7.6% | Reduced |
| State Board of Administration of Florida Retirement System | 12,980 | $728.2K | 0.00% | −5,854−31.1% | Reduced |
| O'Shaughnessy Asset Management, LLC | 13,179 | $739.3K | 0.01% | +1,139+9.5% | Added |
| New Mexico Educational Retirement Board | 13,306 | $746.0K | 0.02% | 00.0% | Unchanged |
| Miller Howard Investments Inc | 13,563 | $760.9K | 0.02% | +718+5.6% | Added |
| Exchange Traded Concepts, LLC | 13,578 | $761.7K | 0.01% | +260+2.0% | Added |
| The PNC Financial Services Group, Inc. | 13,754 | $771.6K | 0.00% | −838−5.7% | Reduced |
| Barnett & Company, Inc. | 13,800 | $774.2K | 0.61% | +5,400+64.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 13,956 | $782.9K | 0.00% | +2,535+22.2% | Added |
| Virtu Financial LLC | 14,048 | $788.0K | 0.04% | +14,048 | New |
| Huber Capital Management LLC | 14,098 | $790.9K | 0.13% | +1,400+11.0% | Added |
| Entropy Technologies, LP | 14,506 | $813.8K | 0.06% | +5,569+62.3% | Added |
| Oregon Public Employees Retirement Fund | 14,822 | $831.5K | 0.01% | +200+1.4% | Added |
| Quadrant Capital Group LLC | 14,981 | $840.4K | 0.03% | −853−5.4% | Reduced |
| Creative Financial Designs Inc | 15,003 | $841.7K | 0.06% | −273−1.8% | Reduced |
| D.A. Davidson & Co. | 15,240 | $855.0K | 0.01% | −68−0.4% | Reduced |
| BNP Paribas Arbitrage, SA | 15,289 | $857.7K | 0.00% | −2,740−15.2% | Reduced |
| Aquatic Capital Management LLC | 15,294 | $858.0K | 0.02% | +15,294 | New |
| HRT Financial LP | 15,751 | $883.0K | 0.00% | +6,308+66.8% | Added |
| Pathstone Holdings, LLC | 15,915 | $892.8K | 0.00% | −94−0.6% | Reduced |
| Hancock Whitney Corp | 16,000 | $897.6K | 0.02% | +16,000 | New |
| Cornerstone Wealth Management, LLC | 16,011 | $898.2K | 0.05% | +858+5.7% | Added |
| Northwestern Mutual Investment Management Company, LLC | 16,190 | $908.3K | 0.01% | +266+1.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 16,503 | $925.8K | 0.01% | +976+6.3% | Added |
| Bridgeway Capital Management, LLC | 17,000 | $953.7K | 0.02% | +17,000 | New |
| State of Michigan Retirement System | 17,400 | $976.1K | 0.01% | +300+1.8% | Added |
| Cozad Asset Management Inc | 18,199 | $1.02M | 0.09% | 00.0% | Unchanged |
| Alps Advisors Inc | 18,256 | $1.02M | 0.01% | −132−0.7% | Reduced |
| Brevan Howard Capital Management LP | 18,300 | $1.03M | 0.01% | +18,300 | New |
| Fox Run Management, L.L.C. | 18,312 | $1.03M | 0.17% | +4,881+36.3% | Added |
| Summit Global Investments | 18,600 | $1.04M | 0.06% | −82−0.4% | Reduced |
| JustInvest LLC | 18,880 | $1.06M | 0.01% | +449+2.4% | Added |
| Horizon Investments, LLC | 19,081 | $1.07M | 0.02% | +19,067+136,192.9% | Added |
| American Century Companies Inc | 19,092 | $1.07M | 0.00% | −412−2.1% | Reduced |
| Bank of Montreal | 19,374 | $1.09M | 0.00% | −1,045−5.1% | Reduced |
| First PREMIER Bank | 19,833 | $1.11M | 0.27% | +273+1.4% | Added |
| Guggenheim Capital LLC | 20,198 | $1.13M | 0.01% | +529+2.7% | Added |
| Louisiana State Employees Retirement System | 20,400 | $1.14M | 0.02% | +300+1.5% | Added |
| Cetera Investment Advisers | 20,639 | $1.16M | 0.00% | +670+3.4% | Added |
| AdvisorNet Financial, Inc | 20,725 | $1.16M | 0.08% | −1,024−4.7% | Reduced |
| Arizona State Retirement System | 21,038 | $1.18M | 0.01% | +508+2.5% | Added |
| Teachers Retirement System of the State of Kentucky | 21,298 | $1.20M | 0.01% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 21,352 | $1.20M | 0.00% | +792+3.9% | Added |
| Harbor Capital Advisors, Inc. | 21,812 | $1.22M | 0.05% | −209−0.9% | Reduced |
| SEI Investments Co | 22,635 | $1.27M | 0.00% | −2,093−8.5% | Reduced |
| Aigen Investment Management, LP | 22,751 | $1.28M | 0.17% | +11,665+105.2% | Added |
| Ensign Peak Advisors, Inc | 22,873 | $1.28M | 0.00% | +4,035+21.4% | Added |
| ExodusPoint Capital Management, LP | 23,042 | $1.29M | 0.02% | +23,042 | New |
| Yousif Capital Management, LLC | 23,560 | $1.32M | 0.01% | −167−0.7% | Reduced |
| State of Tennessee, Treasury Department | 23,771 | $1.33M | 0.00% | −21,518−47.5% | Reduced |
| Convergence Investment Partners, LLC | 24,463 | $1.37M | 0.35% | +42+0.2% | Added |
| Paradiem, LLC | 24,500 | $1.37M | 0.35% | −29,938−55.0% | Reduced |
| Kestra Investment Management, LLC | 23,840 | $1.39M | 0.02% | +11,852+98.9% | Added |
| Creative Planning | 25,530 | $1.43M | 0.00% | +605+2.4% | Added |
| Assenagon Asset Management S.A. | 25,834 | $1.45M | 0.00% | +25,834 | New |
| Van Eck Associates Corp | 26,054 | $1.46M | 0.00% | +3,661+16.3% | Added |
| Bollard Group LLC | 26,947 | $1.51M | 0.03% | +1,508+5.9% | Added |
| Advisors Asset Management, Inc. | 27,572 | $1.55M | 0.03% | +2,207+8.7% | Added |
| Avantax Planning Partners, Inc. | 29,150 | $1.64M | 0.05% | +42+0.1% | Added |
| DC Investments Management, LLC | 29,900 | $1.68M | 0.70% | 00.0% | Unchanged |
| Mariner, LLC | 29,945 | $1.68M | 0.00% | +992+3.4% | Added |
| Segall Bryant & Hamill, LLC | 31,264 | $1.75M | 0.02% | −3,802−10.8% | Reduced |
| Amalgamated Bank | 31,851 | $1.79M | 0.01% | −106−0.3% | Reduced |
| State of New Jersey Common Pension Fund D | 32,721 | $1.84M | 0.01% | +366+1.1% | Added |
| Squarepoint Ops LLC | 33,238 | $1.86M | 0.00% | −26,901−44.7% | Reduced |
| Comerica Bank | 33,999 | $1.91M | 0.01% | +2,310+7.3% | Added |
| Algert Global LLC | 34,764 | $1.95M | 0.04% | 00.0% | Unchanged |
| Quantbot Technologies LP | 34,827 | $1.95M | 0.05% | −28,970−45.4% | Reduced |
| Voloridge Investment Management, LLC | 36,163 | $2.03M | 0.01% | −64,825−64.2% | Reduced |
| Littlejohn Financial Services, Inc. | 36,780 | $2.06M | 1.59% | +380+1.0% | Added |
| Dynamic Technology Lab Private Ltd | 36,787 | $2.06M | 0.28% | +17,197+87.8% | Added |
| LPL Financial LLC | 38,697 | $2.17M | 0.00% | −1,105−2.8% | Reduced |
| Intech Investment Management LLC | 38,860 | $2.18M | 0.02% | +5,740+17.3% | Added |
| AMG National Trust Bank | 38,952 | $2.19M | 0.06% | +60.0% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 39,873 | $2.24M | 0.00% | −2,925−6.8% | Reduced |
| Cerity Partners LLC | 40,525 | $2.27M | 0.00% | +284+0.7% | Added |
| Great West Life Assurance Co | 41,027 | $2.30M | 0.00% | −1,360−3.2% | Reduced |
| Riverwater Partners LLC | 41,571 | $2.33M | 1.10% | −150.0% | Reduced |
| Ameritas Investment Partners, Inc. | 41,610 | $2.33M | 0.07% | +501+1.2% | Added |
| Mackenzie Financial Corp | 42,946 | $2.41M | 0.00% | +19,687+84.6% | Added |
| First Manhattan Co | 43,415 | $2.44M | 0.01% | −1,717−3.8% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 45,082 | $2.53M | 0.01% | −1,626−3.5% | Reduced |
| Magellan Asset Management Ltd | 45,544 | $2.56M | 0.03% | −242−0.5% | Reduced |
| Lesa Sroufe & Co | 45,617 | $2.56M | 2.35% | +1,788+4.1% | Added |