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 |
|---|---|---|---|---|---|
| New York State Common Retirement Fund | 47,242 | $2.65M | 0.00% | +1,700+3.7% | Added |
| Verition Fund Management LLC | 47,282 | $2.65M | 0.02% | +13,844+41.4% | Added |
| Farmers & Merchants Investments Inc | 47,498 | $2.66M | 0.08% | −2,526−5.0% | Reduced |
| Allianz Asset Management GmbH | 48,579 | $2.73M | 0.00% | +28,089+137.1% | Added |
| Zimmer Partners, LP | 50,000 | $2.81M | 0.06% | −1,271,304−96.2% | Reduced |
| Envestnet Asset Management Inc | 51,668 | $2.90M | 0.00% | −7,495−12.7% | Reduced |
| John G Ullman & Associates Inc | 52,941 | $2.97M | 0.44% | −950−1.8% | Reduced |
| Hennessy Advisors Inc | 53,647 | $3.01M | 0.10% | +8,700+19.4% | Added |
| Warren Averett Asset Management, LLC | 53,708 | $3.01M | 0.03% | +6,444+13.6% | Added |
| Nisa Investment Advisors, LLC | 53,797 | $3.02M | 0.01% | +5,787+12.1% | Added |
| Midwest Trust Co | 54,172 | $3.04M | 0.04% | +54,172 | New |
| State of Wisconsin Investment Board | 54,405 | $3.05M | 0.01% | −1,174−2.1% | Reduced |
| Tudor Investment Corp Et Al | 54,904 | $3.08M | 0.02% | +24,618+81.3% | Added |
| Federated Hermes, Inc. | 55,929 | $3.14M | 0.01% | +1,543+2.8% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 56,952 | $3.20M | 0.01% | +2,003+3.6% | Added |
| Russell Investments Group, Ltd. | 58,731 | $3.29M | 0.00% | +39,527+205.8% | Added |
| Alta Capital Management LLC | 58,957 | $3.31M | 0.19% | +3,242+5.8% | Added |
| Meeder Asset Management Inc | 61,189 | $3.43M | 0.21% | −6,476−9.6% | Reduced |
| Boston Partners | 64,668 | $3.63M | 0.00% | +53,655+487.2% | Added |
| Citigroup Inc | 64,990 | $3.65M | 0.00% | −36,646−36.1% | Reduced |
| Price T Rowe Associates Inc | 65,216 | $3.66M | 0.00% | +5,551+9.3% | Added |
| California State Teachers Retirement System | 70,549 | $3.96M | 0.00% | +145+0.2% | Added |
| New York State Teachers Retirement System | 73,390 | $4.12M | 0.01% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 75,672 | $4.25M | 0.05% | +6,258+9.0% | Added |
| South Dakota Investment Council | 77,175 | $4.33M | 0.08% | 00.0% | Unchanged |
| Burney Co | 77,396 | $4.34M | 0.15% | −653−0.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 77,400 | $4.34M | 0.02% | +53,355+221.9% | Added |
| Benson Investment Management Company, Inc. | 78,135 | $4.38M | 1.66% | +78,135 | New |
| Martingale Asset Management L P | 81,744 | $4.59M | 0.11% | +6,450+8.6% | Added |
| Meritage Portfolio Management | 85,584 | $4.80M | 0.30% | +11,755+15.9% | Added |
| Wells Fargo & Company | 86,770 | $4.87M | 0.00% | +34,222+65.1% | Added |
| Retirement Systems of Alabama | 88,623 | $4.97M | 0.02% | +1,456+1.7% | Added |
| Susquehanna Fundamental Investments, LLC | 90,869 | $5.10M | 0.14% | −7,529−7.7% | Reduced |
| Raymond James Financial Inc | 91,102 | $5.11M | 0.00% | −55,488−37.9% | Reduced |
| Congress Asset Management Co | 93,692 | $5.26M | 0.04% | −445−0.5% | Reduced |
| Ontario Teachers Pension Plan Board | 94,123 | $5.28M | 0.11% | +43,278+85.1% | Added |
| Trexquant Investment LP | 95,765 | $5.37M | 0.06% | +47,907+100.1% | Added |
| Susquehanna International Group, LLP | 99,389 | $5.58M | 0.01% | −2,910−2.8% | Reduced |
| Stifel Financial Corp | 99,576 | $5.59M | 0.01% | +5,743+6.1% | Added |
| Adage Capital Partners GP, L.L.C. | 100,000 | $5.61M | 0.01% | +100,000 | New |
| Y-Intercept (Hong Kong) Ltd | 101,974 | $5.72M | 0.14% | +87,128+586.9% | Added |
| Jane Street Group, LLC | 102,135 | $5.73M | 0.01% | −70,222−40.7% | Reduced |
| Martin Capital Partners, LLC | 106,036 | $5.95M | 2.33% | +76,171+255.1% | Added |
| Dark Forest Capital Management LP | 106,273 | $5.96M | 0.24% | +106,273 | New |
| Mairs & Power Inc | 109,398 | $6.14M | 0.06% | −15,552−12.4% | Reduced |
| Citadel Advisors LLC | 112,663 | $6.32M | 0.01% | +80,641+251.8% | Added |
| Campbell & CO Investment Adviser LLC | 113,789 | $6.38M | 0.40% | +17,579+18.3% | Added |
| Two Sigma Advisers, LP | 116,200 | $6.52M | 0.01% | +11,100+10.6% | Added |
| Crawford Investment Counsel Inc | 122,720 | $6.88M | 0.12% | −7,819−6.0% | Reduced |
| Swiss National Bank | 137,679 | $7.72M | 0.00% | −1,000−0.7% | Reduced |
| Mutual of America Capital Management LLC | 137,986 | $7.74M | 0.08% | +4,031+3.0% | Added |
| Ameriprise Financial Inc | 138,641 | $7.78M | 0.00% | −7,730−5.3% | Reduced |
| Thrivent Financial for Lutherans | 138,692 | $7.78M | 0.02% | −42,629−23.5% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 139,514 | $7.83M | 0.04% | +2,543+1.9% | Added |
| First Eagle Investment Management, LLC | 142,461 | $7.99M | 0.02% | −19,755−12.2% | Reduced |
| Great Lakes Advisors, LLC | 144,083 | $8.08M | 0.07% | −23,429−14.0% | Reduced |
| Alliancebernstein L.P. | 145,178 | $8.14M | 0.00% | +10,599+7.9% | Added |
| Leeward Investments, LLC - MA | 145,561 | $8.17M | 0.43% | −6,469−4.3% | Reduced |
| FMR LLC | 147,574 | $8.28M | 0.00% | +122,362+485.3% | Added |
| Deutsche Bank AG | 150,336 | $8.43M | 0.00% | −7,289−4.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 154,417 | $8.66M | 0.01% | +44,466+40.4% | Added |
| Two Sigma Investments, LP | 163,902 | $9.19M | 0.02% | +12,351+8.1% | Added |
| Phocas Financial Corp. | 171,060 | $9.60M | 1.38% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 172,100 | $9.65M | 0.01% | +113,300+192.7% | Added |
| HighTower Advisors, LLC | 173,395 | $9.73M | 0.01% | −15,090−8.0% | Reduced |
| Barclays PLC | 192,694 | $10.8M | 0.00% | +20,968+12.2% | Added |
| Hunter Perkins Capital Management, LLC | 193,540 | $10.9M | 2.57% | −25,678−11.7% | Reduced |
| Royal Bank of Canada | 199,254 | $11.2M | 0.00% | +99,588+99.9% | Added |
| UBS Asset Management Americas Inc | 205,676 | $11.5M | 0.00% | +71,003+52.7% | Added |
| Gamco Investors, Inc. Et Al | 207,982 | $11.7M | 0.12% | +15,061+7.8% | Added |
| Glenmede Investment Management, LP | 217,293 | $12.2M | 0.06% | +217,293 | New |
| Principal Financial Group Inc | 218,939 | $12.3M | 0.01% | +3,537+1.6% | Added |
| Bessemer Group Inc | 232,948 | $13.1M | 0.02% | +14,130+6.5% | Added |
| Rhumbline Advisers | 245,119 | $13.8M | 0.01% | +6,123+2.6% | Added |
| Brandywine Global Investment Management, LLC | 248,340 | $13.9M | 0.10% | −9,600−3.7% | Reduced |
| SG Americas Securities, LLC | 262,011 | $14.7M | 0.06% | +195,640+294.8% | Added |
| UBS Group AG | 270,303 | $15.2M | 0.00% | −138,325−33.9% | Reduced |
| Voya Investment Management LLC | 274,225 | $15.4M | 0.02% | +38,126+16.1% | Added |
| California Public Employees Retirement System | 295,846 | $16.6M | 0.01% | −50,054−14.5% | Reduced |
| Cubist Systematic Strategies, LLC | 337,759 | $18.9M | 0.21% | +95,091+39.2% | Added |
| Prudential Financial Inc | 367,234 | $20.6M | 0.03% | +107,176+41.2% | Added |
| JPMorgan Chase & Co | 368,491 | $20.7M | 0.00% | −52,121−12.4% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 388,105 | $21.8M | 0.07% | −28,610−6.9% | Reduced |
| Duff & Phelps Investment Management Co | 389,700 | $21.9M | 0.26% | 00.0% | Unchanged |
| Legal & General Group Plc | 393,787 | $22.1M | 0.01% | +12,097+3.2% | Added |
| Manufacturers Life Insurance Company, The | 398,630 | $22.4M | 0.02% | −1,923−0.5% | Reduced |
| Old Republic International Corporation | 416,000 | $23.3M | 0.92% | 00.0% | Unchanged |
| Janus Henderson Group PLC | 457,158 | $25.6M | 0.01% | +21,439+4.9% | Added |
| Bank of America Corp | 511,601 | $28.7M | 0.00% | −52,540−9.3% | Reduced |
| Qube Research & Technologies Ltd | 519,340 | $29.1M | 0.04% | +12,732+2.5% | Added |
| Gabelli Funds LLC | 537,873 | $30.2M | 0.21% | +82,773+18.2% | Added |
| Massachusetts Financial Services Co | 551,977 | $31.0M | 0.01% | −27,510−4.7% | Reduced |
| Millennium Management LLC | 576,991 | $32.4M | 0.03% | −2,806−0.5% | Reduced |
| Goldman Sachs Group Inc | 593,174 | $33.3M | 0.01% | −181,309−23.4% | Reduced |
| Morgan Stanley | 637,196 | $35.7M | 0.00% | −15,492−2.4% | Reduced |
| ProShare Advisors LLC | 664,051 | $37.3M | 0.07% | −346−0.1% | Reduced |
| Victory Capital Management Inc | 707,574 | $39.7M | 0.03% | +55,571+8.5% | Added |
| Invesco Ltd. | 783,753 | $44.0M | 0.01% | −18,792−2.3% | Reduced |
| Bank of New York Mellon Corp | 867,720 | $48.7M | 0.01% | +43,541+5.3% | Added |
| First Trust Advisors LP | 893,096 | $50.1M | 0.04% | −42,942−4.6% | Reduced |