Skip to main content

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
AQR Capital Management LLC899,103$50.4M0.04%+10,691+1.2%Added
Northern Trust Corp962,752$54.0M0.01%−40,559−4.0%Reduced
Nuveen, LLC1,025,499$57.5M0.02%+256,026+33.3%Added
Franklin Resources Inc1,045,165$58.6M0.02%+388,936+59.3%Added
Dimensional Fund Advisors LP1,077,371$60.4M0.01%−4,555−0.4%Reduced
Charles Schwab Investment Management Inc1,205,933$67.7M0.01%−20,861−1.7%Reduced
Fuller & Thaler Asset Management, Inc.1,328,729$74.5M0.27%+6,790+0.5%Added
Capital Research Global Investors1,641,122$92.1M0.02%−222,071−11.9%Reduced
Geode Capital Management, LLC1,822,356$102.3M0.01%+36,818+2.1%Added
Macquarie Group Ltd2,398,289$134.5M0.17%+37,196+1.6%Added
State Street Corp3,841,615$215.5M0.01%+31,093+0.8%Added
Vanguard Group Inc8,765,205$491.7M0.01%+131,129+1.5%Added
BlackRock, Inc.11,321,896$635.2M0.01%+13,772+0.1%Added
Wellington Management Group LLP0$00.00%−131,169−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−113,848−100.0%Sold out
MetLife Investment Management0$00.00%−80,287−100.0%Sold out
WCM Investment Management, LLC0$00.00%−70,437−100.0%Sold out
Clark Capital Management Group, Inc.0$00.00%−69,680−100.0%Sold out
Kingsview Wealth Management, LLC0$00.00%−55,296−100.0%Sold out
Financial Counselors Inc0$00.00%−54,175−100.0%Sold out
Inspire Advisors, LLC0$00.00%−49,448−100.0%Sold out
Marshall Wace, LLP0$00.00%−45,059−100.0%Sold out
Aventail Capital Group, LP0$00.00%−33,225−100.0%Sold out
Kennedy Capital Management, Inc.0$00.00%−17,448−100.0%Sold out
Legacy Financial Advisors, Inc.0$00.00%−13,091−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−10,624−100.0%Sold out
Lido Advisors, LLC0$00.00%−9,110−100.0%Sold out
Eisler Capital Management Ltd.0$00.00%−8,759−100.0%Sold out
Man Group plc0$00.00%−8,439−100.0%Sold out
Jump Financial, LLC0$00.00%−8,291−100.0%Sold out
Pacer Advisors, Inc.0$00.00%−7,270−100.0%Sold out
TownSquare Capital, LLC0$00.00%−6,978−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−5,600−100.0%Sold out
Hilltop Holdings Inc.0$00.00%−5,493−100.0%Sold out
Quest Partners LLC0$00.00%−4,992−100.0%Sold out
Polymer Capital Management (US) LLC0$00.00%−4,725−100.0%Sold out
PharVision Advisers, LLC0$00.00%−4,647−100.0%Sold out
Oxford Asset Management LLP0$00.00%−4,508−100.0%Sold out
United Services Automobile Association0$00.00%−4,256−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−3,778−100.0%Sold out
Evergreen Capital Management LLC0$00.00%−3,547−100.0%Sold out
GW Henssler & Associates Ltd0$00.00%−3,470−100.0%Sold out
Buckingham Strategic Partners0$00.00%−3,315−100.0%Sold out
United Capital Financial Advisers, LLC0$00.00%−3,313−100.0%Sold out
Point72 Asia (Singapore) Pte. Ltd.0$00.00%−1,505−100.0%Sold out
Atala Financial Inc0$00.00%−1,308−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−1,076−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−972−100.0%Sold out
Marshall Investment Management, LLC0$00.00%−901−100.0%Sold out
Riverview Trust Co0$00.00%−704−100.0%Sold out
Salem Investment Counselors Inc0$00.00%−350−100.0%Sold out
Riggs Asset Managment Co. Inc.0$00.00%−106−100.0%Sold out
Richardson Financial Services Inc.0$00.00%−98−100.0%Sold out
Boston Private Wealth LLC0$00.00%−79−100.0%Sold out
PSI Advisors, LLC0$00.00%−47−100.0%Sold out
Cherry Tree Wealth Management, LLC0$00.00%−33−100.0%Sold out
Stephens Consulting, LLC0$00.00%−25−100.0%Sold out
Global Financial Private Client, LLC0$00.00%−9−100.0%Sold out
Headlands Technologies LLC0$00.00%−6−100.0%Sold out
Quent Capital, LLC0$00.00%−1−100.0%Sold out
Glenmede Trust Co NA––––Not filed
Keeley-Teton Advisors, LLC––––Not filed
Sabal Trust CO––––Not filed
Lindbrook Capital, LLC––––Not filed