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 |
|---|---|---|---|---|---|
| Tudor Investment Corp Et Al | 54,904 | $3.08M | 0.02% | +24,618+81.3% | Added |
| State of Wisconsin Investment Board | 54,405 | $3.05M | 0.01% | −1,174−2.1% | Reduced |
| Midwest Trust Co | 54,172 | $3.04M | 0.04% | +54,172 | New |
| Nisa Investment Advisors, LLC | 53,797 | $3.02M | 0.01% | +5,787+12.1% | Added |
| Warren Averett Asset Management, LLC | 53,708 | $3.01M | 0.03% | +6,444+13.6% | Added |
| Hennessy Advisors Inc | 53,647 | $3.01M | 0.10% | +8,700+19.4% | Added |
| John G Ullman & Associates Inc | 52,941 | $2.97M | 0.44% | −950−1.8% | Reduced |
| Envestnet Asset Management Inc | 51,668 | $2.90M | 0.00% | −7,495−12.7% | Reduced |
| Zimmer Partners, LP | 50,000 | $2.81M | 0.06% | −1,271,304−96.2% | Reduced |
| Allianz Asset Management GmbH | 48,579 | $2.73M | 0.00% | +28,089+137.1% | Added |
| Farmers & Merchants Investments Inc | 47,498 | $2.66M | 0.08% | −2,526−5.0% | Reduced |
| Verition Fund Management LLC | 47,282 | $2.65M | 0.02% | +13,844+41.4% | Added |
| New York State Common Retirement Fund | 47,242 | $2.65M | 0.00% | +1,700+3.7% | Added |
| Lesa Sroufe & Co | 45,617 | $2.56M | 2.35% | +1,788+4.1% | Added |
| Magellan Asset Management Ltd | 45,544 | $2.56M | 0.03% | −242−0.5% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 45,082 | $2.53M | 0.01% | −1,626−3.5% | Reduced |
| First Manhattan Co | 43,415 | $2.44M | 0.01% | −1,717−3.8% | Reduced |
| Mackenzie Financial Corp | 42,946 | $2.41M | 0.00% | +19,687+84.6% | Added |
| Ameritas Investment Partners, Inc. | 41,610 | $2.33M | 0.07% | +501+1.2% | Added |
| Riverwater Partners LLC | 41,571 | $2.33M | 1.10% | −150.0% | Reduced |
| Great West Life Assurance Co | 41,027 | $2.30M | 0.00% | −1,360−3.2% | Reduced |
| Cerity Partners LLC | 40,525 | $2.27M | 0.00% | +284+0.7% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 39,873 | $2.24M | 0.00% | −2,925−6.8% | Reduced |
| AMG National Trust Bank | 38,952 | $2.19M | 0.06% | +60.0% | Added |
| Intech Investment Management LLC | 38,860 | $2.18M | 0.02% | +5,740+17.3% | Added |
| LPL Financial LLC | 38,697 | $2.17M | 0.00% | −1,105−2.8% | Reduced |
| Dynamic Technology Lab Private Ltd | 36,787 | $2.06M | 0.28% | +17,197+87.8% | Added |
| Littlejohn Financial Services, Inc. | 36,780 | $2.06M | 1.59% | +380+1.0% | Added |
| Voloridge Investment Management, LLC | 36,163 | $2.03M | 0.01% | −64,825−64.2% | Reduced |
| Quantbot Technologies LP | 34,827 | $1.95M | 0.05% | −28,970−45.4% | Reduced |
| Algert Global LLC | 34,764 | $1.95M | 0.04% | 00.0% | Unchanged |
| Comerica Bank | 33,999 | $1.91M | 0.01% | +2,310+7.3% | Added |
| Squarepoint Ops LLC | 33,238 | $1.86M | 0.00% | −26,901−44.7% | Reduced |
| State of New Jersey Common Pension Fund D | 32,721 | $1.84M | 0.01% | +366+1.1% | Added |
| Amalgamated Bank | 31,851 | $1.79M | 0.01% | −106−0.3% | Reduced |
| Segall Bryant & Hamill, LLC | 31,264 | $1.75M | 0.02% | −3,802−10.8% | Reduced |
| Mariner, LLC | 29,945 | $1.68M | 0.00% | +992+3.4% | Added |
| DC Investments Management, LLC | 29,900 | $1.68M | 0.70% | 00.0% | Unchanged |
| Avantax Planning Partners, Inc. | 29,150 | $1.64M | 0.05% | +42+0.1% | Added |
| Advisors Asset Management, Inc. | 27,572 | $1.55M | 0.03% | +2,207+8.7% | Added |
| Bollard Group LLC | 26,947 | $1.51M | 0.03% | +1,508+5.9% | Added |
| Van Eck Associates Corp | 26,054 | $1.46M | 0.00% | +3,661+16.3% | Added |
| Assenagon Asset Management S.A. | 25,834 | $1.45M | 0.00% | +25,834 | New |
| Creative Planning | 25,530 | $1.43M | 0.00% | +605+2.4% | Added |
| Kestra Investment Management, LLC | 23,840 | $1.39M | 0.02% | +11,852+98.9% | Added |
| Paradiem, LLC | 24,500 | $1.37M | 0.35% | −29,938−55.0% | Reduced |
| Convergence Investment Partners, LLC | 24,463 | $1.37M | 0.35% | +42+0.2% | Added |
| State of Tennessee, Treasury Department | 23,771 | $1.33M | 0.00% | −21,518−47.5% | Reduced |
| Yousif Capital Management, LLC | 23,560 | $1.32M | 0.01% | −167−0.7% | Reduced |
| ExodusPoint Capital Management, LP | 23,042 | $1.29M | 0.02% | +23,042 | New |
| Ensign Peak Advisors, Inc | 22,873 | $1.28M | 0.00% | +4,035+21.4% | Added |
| Aigen Investment Management, LP | 22,751 | $1.28M | 0.17% | +11,665+105.2% | Added |
| SEI Investments Co | 22,635 | $1.27M | 0.00% | −2,093−8.5% | Reduced |
| Harbor Capital Advisors, Inc. | 21,812 | $1.22M | 0.05% | −209−0.9% | Reduced |
| Lazard Asset Management LLC | 21,352 | $1.20M | 0.00% | +792+3.9% | Added |
| Teachers Retirement System of the State of Kentucky | 21,298 | $1.20M | 0.01% | 00.0% | Unchanged |
| Arizona State Retirement System | 21,038 | $1.18M | 0.01% | +508+2.5% | Added |
| AdvisorNet Financial, Inc | 20,725 | $1.16M | 0.08% | −1,024−4.7% | Reduced |
| Cetera Investment Advisers | 20,639 | $1.16M | 0.00% | +670+3.4% | Added |
| Louisiana State Employees Retirement System | 20,400 | $1.14M | 0.02% | +300+1.5% | Added |
| Guggenheim Capital LLC | 20,198 | $1.13M | 0.01% | +529+2.7% | Added |
| First PREMIER Bank | 19,833 | $1.11M | 0.27% | +273+1.4% | Added |
| Bank of Montreal | 19,374 | $1.09M | 0.00% | −1,045−5.1% | Reduced |
| American Century Companies Inc | 19,092 | $1.07M | 0.00% | −412−2.1% | Reduced |
| Horizon Investments, LLC | 19,081 | $1.07M | 0.02% | +19,067+136,192.9% | Added |
| JustInvest LLC | 18,880 | $1.06M | 0.01% | +449+2.4% | Added |
| Summit Global Investments | 18,600 | $1.04M | 0.06% | −82−0.4% | Reduced |
| Fox Run Management, L.L.C. | 18,312 | $1.03M | 0.17% | +4,881+36.3% | Added |
| Brevan Howard Capital Management LP | 18,300 | $1.03M | 0.01% | +18,300 | New |
| Alps Advisors Inc | 18,256 | $1.02M | 0.01% | −132−0.7% | Reduced |
| Cozad Asset Management Inc | 18,199 | $1.02M | 0.09% | 00.0% | Unchanged |
| State of Michigan Retirement System | 17,400 | $976.1K | 0.01% | +300+1.8% | Added |
| Bridgeway Capital Management, LLC | 17,000 | $953.7K | 0.02% | +17,000 | New |
| Police & Firemen's Retirement System of New Jersey | 16,503 | $925.8K | 0.01% | +976+6.3% | Added |
| Northwestern Mutual Investment Management Company, LLC | 16,190 | $908.3K | 0.01% | +266+1.7% | Added |
| Cornerstone Wealth Management, LLC | 16,011 | $898.2K | 0.05% | +858+5.7% | Added |
| Hancock Whitney Corp | 16,000 | $897.6K | 0.02% | +16,000 | New |
| Pathstone Holdings, LLC | 15,915 | $892.8K | 0.00% | −94−0.6% | Reduced |
| HRT Financial LP | 15,751 | $883.0K | 0.00% | +6,308+66.8% | Added |
| Aquatic Capital Management LLC | 15,294 | $858.0K | 0.02% | +15,294 | New |
| BNP Paribas Arbitrage, SA | 15,289 | $857.7K | 0.00% | −2,740−15.2% | Reduced |
| D.A. Davidson & Co. | 15,240 | $855.0K | 0.01% | −68−0.4% | Reduced |
| Creative Financial Designs Inc | 15,003 | $841.7K | 0.06% | −273−1.8% | Reduced |
| Quadrant Capital Group LLC | 14,981 | $840.4K | 0.03% | −853−5.4% | Reduced |
| Oregon Public Employees Retirement Fund | 14,822 | $831.5K | 0.01% | +200+1.4% | Added |
| Entropy Technologies, LP | 14,506 | $813.8K | 0.06% | +5,569+62.3% | Added |
| Huber Capital Management LLC | 14,098 | $790.9K | 0.13% | +1,400+11.0% | Added |
| Virtu Financial LLC | 14,048 | $788.0K | 0.04% | +14,048 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 13,956 | $782.9K | 0.00% | +2,535+22.2% | Added |
| Barnett & Company, Inc. | 13,800 | $774.2K | 0.61% | +5,400+64.3% | Added |
| The PNC Financial Services Group, Inc. | 13,754 | $771.6K | 0.00% | −838−5.7% | Reduced |
| Exchange Traded Concepts, LLC | 13,578 | $761.7K | 0.01% | +260+2.0% | Added |
| Miller Howard Investments Inc | 13,563 | $760.9K | 0.02% | +718+5.6% | Added |
| New Mexico Educational Retirement Board | 13,306 | $746.0K | 0.02% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 13,179 | $739.3K | 0.01% | +1,139+9.5% | Added |
| State Board of Administration of Florida Retirement System | 12,980 | $728.2K | 0.00% | −5,854−31.1% | Reduced |
| Smith, Moore & Co. | 12,777 | $716.8K | 0.06% | −1,055−7.6% | Reduced |
| Twinbeech Capital LP | 12,707 | $712.9K | 0.02% | +12,707 | New |
| CWA Asset Management Group, LLC | 12,677 | $711.2K | 0.03% | +1,960+18.3% | Added |
| Inceptionr LLC | 12,650 | $709.7K | 0.16% | +12,650 | New |