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, Q4 2025
Institutional positions in Black Hills Corp as of Dec 31, 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
- 461
- +37 vs. Q3 2025
- Shares held
- 72.5M
- +7.31M (+11.2%) vs. Q3 2025
- Total value
- $5.02B
- +$1.00B (+25.0%) vs. Q3 2025
- New holders
- 80
- 173 more added
- Sold out
- 43
- 138 more reduced
8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| SeaCrest Wealth Management, LLC | 3,723 | $267.7K | 0.03% | +12+0.3% | Added |
| GWM Advisors LLC | 3,854 | $267.5K | 0.00% | +2,974+338.0% | Added |
| CIBC Private Wealth Group, LLC | 3,844 | $266.9K | 0.00% | −200−4.9% | Reduced |
| Chilton Capital Management LLC | 3,843 | $266.8K | 0.01% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 3,827 | $265.7K | 0.00% | +168+4.6% | Added |
| Crossmark Global Holdings, Inc. | 3,827 | $265.7K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 3,816 | $264.9K | 0.00% | −164−4.1% | Reduced |
| DekaBank Deutsche Girozentrale | 4,419 | $264.0K | 0.00% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 3,784 | $263.0K | 0.02% | +3,784 | New |
| Carlson Financial, Inc. | 3,694 | $256.4K | 0.15% | +3,694 | New |
| Gotham Asset Management, LLC | 3,611 | $250.7K | 0.00% | +3,611 | New |
| J.W. Cole Advisors, Inc. | 3,396 | $235.8K | 0.01% | −265−7.2% | Reduced |
| Lido Advisors, LLC | 3,791 | $234.6K | 0.00% | +134+3.7% | Added |
| FORA Capital, LLC | 1,953 | $233.5K | 0.03% | +1,953 | New |
| DGS Capital Management, LLC | 3,330 | $231.2K | 0.04% | +3,330 | New |
| Richmond Investment Services, LLC | 3,328 | $231.0K | 0.04% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 220,354 | $228.8K | 0.02% | +220,354 | New |
| Financiere des Professionnels - Fonds d,investissement inc. | 3,225 | $223.9K | 0.01% | −913−22.1% | Reduced |
| Public Employees Retirement System of Ohio | 3,205 | $222.5K | 0.00% | +1,600+99.7% | Added |
| BKD Wealth Advisors, LLC | 3,181 | $220.9K | 0.00% | +3,181 | New |
| Allworth Financial LP | 3,141 | $218.0K | 0.00% | +522+19.9% | Added |
| Longboard Asset Management, LP | 3,140 | $218.0K | 1.39% | +3,140 | New |
| Crewe Advisors LLC | 3,140 | $218.0K | 0.02% | +13+0.4% | Added |
| Parcion Private Wealth LLC | 3,124 | $216.9K | 0.01% | +3,124 | New |
| Rockefeller Capital Management L.P. | 3,089 | $214.4K | 0.00% | +324+11.7% | Added |
| Skopos Labs, Inc. | 3,039 | $212.0K | 0.01% | +3,039 | New |
| Perigon Wealth Management, LLC | 3,039 | $211.0K | 0.00% | +3,039 | New |
| GW Henssler & Associates Ltd | 3,018 | $209.5K | 0.01% | +3,018 | New |
| Autumn Glory Partners, LLC | 3,000 | $208.3K | 0.07% | +3,000 | New |
| Summit Wealth Group LLC | 2,998 | $208.1K | 0.03% | +2,998 | New |
| Profund Advisors LLC | 2,959 | $205.4K | 0.01% | +2,959 | New |
| Integrated Wealth Concepts LLC | 2,951 | $204.9K | 0.00% | +2,951 | New |
| Truist Financial Corp | 2,897 | $201.1K | 0.00% | +2,897 | New |
| Creative Financial Designs Inc | 2,832 | $196.6K | 0.01% | −3,082−52.1% | Reduced |
| Huntington National Bank | 2,783 | $193.2K | 0.00% | +328+13.4% | Added |
| Ensign Peak Advisors, Inc | 2,638 | $183.1K | 0.00% | −3,800−59.0% | Reduced |
| Scarborough Advisors, LLC | 2,566 | $178.1K | 0.03% | +23+0.9% | Added |
| Turning Point Benefit Group, Inc. | 2,452 | $170.2K | 0.09% | +2,363+2,655.1% | Added |
| Parallel Advisors, LLC | 2,316 | $160.8K | 0.00% | +1,137+96.4% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,309 | $160.0K | 0.00% | +2,309 | New |
| EverSource Wealth Advisors, LLC | 2,039 | $141.5K | 0.01% | +455+28.7% | Added |
| Larson Financial Group LLC | 1,963 | $136.2K | 0.00% | +3+0.2% | Added |
| KBC Group NV | 1,906 | $132.0K | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 1,812 | $125.8K | 0.00% | −14−0.8% | Reduced |
| Northwestern Mutual Wealth Management Co | 1,802 | $125.1K | 0.00% | −588−24.6% | Reduced |
| SBI Securities Co., Ltd. | 1,783 | $123.8K | 0.00% | +1,500+530.0% | Added |
| Aster Capital Management (DIFC) Ltd | 1,774 | $123.2K | 0.05% | +1,534+639.2% | Added |
| Asset Management One Co.,Ltd. | 1,722 | $120.1K | 0.00% | +1,722 | New |
| Rothschild Investment LLC | 1,688 | $117.2K | 0.01% | +244+16.9% | Added |
| GPS Wealth Strategies Group, LLC | 1,607 | $111.5K | 0.09% | +10+0.6% | Added |
| Farther Finance Advisors, LLC | 1,516 | $105.2K | 0.00% | +156+11.5% | Added |
| Asset Planning,Inc | 1,440 | $99.9K | 0.07% | +14+1.0% | Added |
| Essential Partners LLC | 1,361 | $94.5K | 0.03% | +269+24.6% | Added |
| Westfuller Advisors, LLC | 1,361 | $94.5K | 0.04% | 00.0% | Unchanged |
| HM Payson & Co | 1,300 | $90.2K | 0.00% | −2,000−60.6% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 1,255 | $87.1K | 0.00% | −849−40.4% | Reduced |
| Flagship Harbor Advisors, LLC | 1,230 | $85.4K | 0.00% | +1,230 | New |
| Harbour Investments, Inc. | 1,221 | $84.8K | 0.00% | +21+1.8% | Added |
| Smithfield Trust Co | 1,175 | $82.0K | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 1,154 | $80.1K | 0.00% | −201−14.8% | Reduced |
| Hilltop National Bank | 1,153 | $80.0K | 0.02% | −496−30.1% | Reduced |
| Global Retirement Partners, LLC | 1,093 | $75.9K | 0.00% | +573+110.2% | Added |
| State of Wyoming | 1,053 | $73.1K | 0.01% | −2,582−71.0% | Reduced |
| Rocky Mountain Advisers, LLC | 1,000 | $69.4K | 0.02% | 00.0% | Unchanged |
| City State Bank | 1,000 | $69.4K | 0.02% | 00.0% | Unchanged |
| Pingora Partners LLC | 1,000 | $69.4K | 0.04% | 00.0% | Unchanged |
| Wealth Enhancement Trust Services, Inc. | 1,000 | $69.4K | 0.01% | +1,000 | New |
| Nomura Asset Management Co Ltd | 980 | $68.0K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 962 | $66.7K | 0.00% | +100+11.6% | Added |
| GAMMA Investing LLC | 877 | $60.9K | 0.00% | +143+19.5% | Added |
| Smartleaf Asset Management LLC | 850 | $59.2K | 0.00% | +274+47.6% | Added |
| Bartlett & Co. Wealth Management LLC | 800 | $55.5K | 0.00% | 00.0% | Unchanged |
| First Horizon Corp | 773 | $53.7K | 0.00% | +509+192.8% | Added |
| Fifth Third Bancorp | 762 | $52.9K | 0.00% | +9+1.2% | Added |
| North Star Investment Management Corp. | 750 | $52.1K | 0.00% | 00.0% | Unchanged |
| Optiver Holding B.V. | 745 | $51.7K | 0.00% | +298+66.7% | Added |
| Sunbelt Securities, Inc. | 705 | $48.9K | 0.00% | −241−25.5% | Reduced |
| Umb Bank N A | 700 | $48.6K | 0.00% | +68+10.8% | Added |
| Gen-Wealth Partners Inc | 634 | $44.0K | 0.01% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 550 | $38.2K | 0.00% | 00.0% | Unchanged |
| WealthCollab, LLC | 525 | $36.4K | 0.01% | 00.0% | Unchanged |
| Bessemer Group Inc | 498 | $35.0K | 0.00% | 00.0% | Unchanged |
| Hussman Strategic Advisors, Inc. | 500 | $34.7K | 0.01% | 00.0% | Unchanged |
| IMA Wealth, Inc. | 500 | $34.7K | 0.00% | 00.0% | Unchanged |
| Clarity Asset Management, Inc. | 494 | $34.3K | 0.02% | +5+1.0% | Added |
| Versant Capital Management, Inc | 490 | $34.0K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 459 | $31.9K | 0.00% | −182−28.4% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 456 | $31.8K | 0.00% | 00.0% | Unchanged |
| Atlantic Trust, LLC | 456 | $31.7K | 0.00% | +87+23.6% | Added |
| Pinnacle Wealth Planning Services, Inc. | 438 | $30.4K | 0.00% | +438 | New |
| Canton Hathaway, LLC | 400 | $27.8K | 0.01% | 00.0% | Unchanged |
| Central Trust Co | 400 | $27.8K | 0.00% | 00.0% | Unchanged |
| Tompkins Financial Corp | 400 | $27.8K | 0.00% | 00.0% | Unchanged |
| Eastern Bank | 400 | $27.8K | 0.00% | 00.0% | Unchanged |
| Quent Capital, LLC | 366 | $25.4K | 0.00% | +40+12.3% | Added |
| Byrne Asset Management LLC | 350 | $24.3K | 0.01% | +100+40.0% | Added |
| Centiva Capital, LP | 319 | $22.1K | 0.00% | +319 | New |
| HHM Wealth Advisors, LLC | 310 | $21.5K | 0.00% | +100+47.6% | Added |
| Glen Eagle Advisors, LLC | 300 | $20.8K | 0.00% | 00.0% | Unchanged |
| Cypress Capital Management LLC (WY) | 300 | $20.8K | 0.02% | +150+100.0% | Added |