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, Q3 2025
Institutional positions in Black Hills Corp as of Sep 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
- 432
- +25 vs. Q2 2025
- Shares held
- 65.5M
- +4.30M (+7.0%) vs. Q2 2025
- Total value
- $4.04B
- +$612.2M (+17.9%) vs. Q2 2025
- New holders
- 64
- 163 more added
- Sold out
- 39
- 133 more reduced
6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Legacy Financial Advisors, Inc. | 3,711 | $228.6K | 0.03% | +3,711 | New |
| Inceptionr LLC | 3,705 | $228.2K | 0.06% | −8,945−70.7% | Reduced |
| J.W. Cole Advisors, Inc. | 3,661 | $225.5K | 0.00% | −119−3.1% | Reduced |
| Concurrent Investment Advisors, LLC | 3,659 | $225.4K | 0.00% | +75+2.1% | Added |
| Lido Advisors, LLC | 3,657 | $225.3K | 0.00% | +3,657 | New |
| State of Wyoming | 3,635 | $223.9K | 0.03% | −1,747−32.5% | Reduced |
| SG Americas Securities, LLC | 3,605 | $222.0K | 0.00% | −258,406−98.6% | Reduced |
| Aigen Investment Management, LP | 3,437 | $211.7K | 0.03% | −19,314−84.9% | Reduced |
| Jones Financial Companies LLLP | 3,391 | $206.5K | 0.00% | +277+8.9% | Added |
| Swiss Life Asset Management Ltd | 3,346 | $206.1K | 0.00% | +3,346 | New |
| Mirabella Financial Services LLP | 3,338 | $205.6K | 0.02% | +3,338 | New |
| Richmond Investment Services, LLC | 3,328 | $205.0K | 0.04% | +3,328 | New |
| HM Payson & Co | 3,300 | $203.2K | 0.00% | +3,300 | New |
| Crewe Advisors LLC | 3,127 | $192.6K | 0.02% | +15+0.5% | Added |
| Rockefeller Capital Management L.P. | 2,765 | $170.3K | 0.00% | +2,765 | New |
| Allworth Financial LP | 2,619 | $161.3K | 0.00% | +413+18.7% | Added |
| Scarborough Advisors, LLC | 2,543 | $156.6K | 0.03% | +29+1.2% | Added |
| Huntington National Bank | 2,455 | $151.2K | 0.00% | +302+14.0% | Added |
| Northwestern Mutual Wealth Management Co | 2,390 | $147.2K | 0.00% | +46+2.0% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 2,104 | $129.6K | 0.00% | +545+35.0% | Added |
| Principal Securities, Inc. | 2,050 | $126.3K | 0.00% | +50+2.5% | Added |
| Larson Financial Group LLC | 1,960 | $120.7K | 0.00% | +930+90.3% | Added |
| KBC Group NV | 1,906 | $117.0K | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 1,826 | $112.5K | 0.00% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 1,812 | $111.6K | 0.01% | +1,812 | New |
| Hilltop National Bank | 1,649 | $101.6K | 0.03% | +749+83.2% | Added |
| Public Employees Retirement System of Ohio | 1,605 | $98.9K | 0.00% | +6+0.4% | Added |
| GPS Wealth Strategies Group, LLC | 1,597 | $98.4K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 1,584 | $97.6K | 0.00% | −2,058−56.5% | Reduced |
| Rothschild Investment LLC | 1,444 | $88.9K | 0.01% | +1,294+862.7% | Added |
| Asset Planning,Inc | 1,426 | $87.9K | 0.06% | +16+1.1% | Added |
| Westfuller Advisors, LLC | 1,361 | $83.8K | 0.04% | +1,361 | New |
| Farther Finance Advisors, LLC | 1,360 | $83.8K | 0.00% | −186−12.0% | Reduced |
| CoreCap Advisors, LLC | 1,355 | $83.5K | 0.00% | −69−4.8% | Reduced |
| Harbour Investments, Inc. | 1,200 | $73.9K | 0.00% | 00.0% | Unchanged |
| Smithfield Trust Co | 1,175 | $73.0K | 0.00% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 1,179 | $72.6K | 0.00% | +352+42.6% | Added |
| Essential Partners LLC | 1,092 | $67.3K | 0.02% | +1,092 | New |
| Rocky Mountain Advisers, LLC | 1,000 | $61.6K | 0.02% | 00.0% | Unchanged |
| City State Bank | 1,000 | $61.6K | 0.02% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 1,000 | $61.6K | 0.00% | 00.0% | Unchanged |
| Pingora Partners LLC | 1,000 | $61.6K | 0.04% | +1,000 | New |
| Nomura Asset Management Co Ltd | 980 | $60.4K | 0.00% | 00.0% | Unchanged |
| Shell Asset Management Co | 958 | $59.0K | 0.01% | −1,492−60.9% | Reduced |
| Sunbelt Securities, Inc. | 946 | $58.3K | 0.00% | −750−44.2% | Reduced |
| GWM Advisors LLC | 880 | $54.2K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 862 | $53.1K | 0.00% | −175−16.9% | Reduced |
| Bartlett & Co. Wealth Management LLC | 800 | $49.3K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 778 | $47.9K | 0.00% | +699+884.8% | Added |
| Fifth Third Bancorp | 753 | $46.4K | 0.00% | +54+7.7% | Added |
| North Star Investment Management Corp. | 750 | $46.2K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 734 | $45.2K | 0.00% | +92+14.3% | Added |
| Advisory Services Network, LLC | 727 | $44.8K | 0.00% | +727 | New |
| Ronald Blue Trust, Inc. | 641 | $39.5K | 0.00% | +176+37.8% | Added |
| Gen-Wealth Partners Inc | 634 | $39.0K | 0.01% | 00.0% | Unchanged |
| Umb Bank N A | 632 | $38.9K | 0.00% | −19−2.9% | Reduced |
| Pathway Financial Advisers, LLC | 613 | $37.7K | 0.01% | +613 | New |
| Smartleaf Asset Management LLC | 576 | $35.2K | 0.00% | +328+132.3% | Added |
| TD Waterhouse Canada Inc. | 550 | $33.3K | 0.00% | 00.0% | Unchanged |
| WealthCollab, LLC | 525 | $32.3K | 0.01% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 520 | $32.0K | 0.00% | −72−12.2% | Reduced |
| Bessemer Group Inc | 498 | $31.0K | 0.00% | −232,450−99.8% | Reduced |
| Hussman Strategic Advisors, Inc. | 500 | $30.8K | 0.01% | 00.0% | Unchanged |
| IMA Wealth, Inc. | 500 | $30.8K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 490 | $30.2K | 0.00% | +1+0.2% | Added |
| Clarity Asset Management, Inc. | 489 | $30.1K | 0.02% | +5+1.0% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 456 | $28.1K | 0.00% | 00.0% | Unchanged |
| Optiver Holding B.V. | 447 | $27.5K | 0.00% | −242−35.1% | Reduced |
| Quarry LP | 426 | $26.2K | 0.01% | −417−49.5% | Reduced |
| Canton Hathaway, LLC | 400 | $25.0K | 0.00% | 00.0% | Unchanged |
| Central Trust Co | 400 | $24.6K | 0.00% | 00.0% | Unchanged |
| Tompkins Financial Corp | 400 | $24.6K | 0.00% | 00.0% | Unchanged |
| Eastern Bank | 400 | $24.6K | 0.00% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 372 | $22.9K | 0.00% | +372 | New |
| Atlantic Trust, LLC | 369 | $22.7K | 0.00% | −103−21.8% | Reduced |
| Quent Capital, LLC | 326 | $20.1K | 0.00% | +326 | New |
| Covestor Ltd | 328 | $20.0K | 0.01% | −3,249−90.8% | Reduced |
| Point72 Europe (London) LLP | 322 | $19.8K | 0.00% | +322 | New |
| Glen Eagle Advisors, LLC | 300 | $18.5K | 0.00% | +300 | New |
| St Germain D J Co Inc | 286 | $17.6K | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 283 | $17.4K | 0.00% | −46−14.0% | Reduced |
| Rise Advisors, LLC | 277 | $17.0K | 0.01% | +4+1.5% | Added |
| Bogart Wealth, LLC | 271 | $16.7K | 0.00% | +2+0.7% | Added |
| LRI Investments, LLC | 268 | $16.5K | 0.00% | 00.0% | Unchanged |
| First Horizon Corp | 264 | $16.3K | 0.00% | +264 | New |
| Byrne Asset Management LLC | 250 | $15.4K | 0.01% | −901−78.3% | Reduced |
| Aster Capital Management (DIFC) Ltd | 240 | $14.8K | 0.01% | −948−79.8% | Reduced |
| Hopwood Financial Services, Inc. | 216 | $13.3K | 0.01% | 00.0% | Unchanged |
| HHM Wealth Advisors, LLC | 210 | $12.9K | 0.00% | +210 | New |
| Caitong International Asset Management Co., Ltd | 176 | $10.8K | 0.01% | −147−45.5% | Reduced |
| Steward Partners Investment Advisory, LLC | 165 | $10.2K | 0.00% | 00.0% | Unchanged |
| GHP Investment Advisors, Inc. | 159 | $9.79K | 0.00% | −222−58.3% | Reduced |
| Cypress Capital Management LLC (WY) | 150 | $9.24K | 0.01% | 00.0% | Unchanged |
| MAI Capital Management | 146 | $8.99K | 0.00% | −283−66.0% | Reduced |
| Hemington Wealth Management | 119 | $7.00K | 0.00% | −11−8.5% | Reduced |
| UMA Financial Services, Inc. | 113 | $6.96K | 0.00% | +55+94.8% | Added |
| Clark Wealth Partners | 100 | $6.94K | 0.00% | +100 | New |
| St. Johns Investment Management Company, LLC | 100 | $6.16K | 0.00% | 00.0% | Unchanged |
| Financial Perspectives, Inc | 100 | $6.16K | 0.00% | 00.0% | Unchanged |
| Advantage Trust Co | 100 | $6.16K | 0.00% | 00.0% | Unchanged |