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, Q1 2026
Institutional positions in Black Hills Corp as of Mar 31, 2026. 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
- 476
- +23 vs. Q4 2025
- Shares held
- 76.5M
- +13.3M (+21.0%) vs. Q4 2025
- Total value
- $5.31B
- +$935.1M (+21.4%) vs. Q4 2025
- New holders
- 67
- 186 more added
- Sold out
- 44
- 140 more reduced
8 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Raffa Wealth Management, LLC | 1 | $69 | 0.00% | +1 | New |
| Curio Wealth, LLC | 1 | $69 | 0.00% | +1 | New |
| Dunhill Financial, LLC | 1 | $92 | 0.00% | 00.0% | Unchanged |
| Hughes Financial Services, LLC | 2 | $139 | 0.00% | 00.0% | Unchanged |
| HFM Investment Advisors, LLC | 3 | $208 | 0.00% | −2−40.0% | Reduced |
| Leonteq Securities AG | 3 | $208 | 0.00% | 00.0% | Unchanged |
| Vermillion Wealth Management, Inc. | 4 | $278 | 0.00% | +4 | New |
| Rossby Financial, LCC | 5 | $349 | 0.00% | +5 | New |
| Financial Management Professionals, Inc. | 6 | $416 | 0.00% | 00.0% | Unchanged |
| DiNuzzo Private Wealth, Inc. | 6 | $417 | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 8 | $556 | 0.00% | +3+60.0% | Added |
| MV Capital Management, Inc. | 9 | $625 | 0.00% | 00.0% | Unchanged |
| Caitlin John, LLC | 10 | $671 | 0.00% | 00.0% | Unchanged |
| WPG Advisers, LLC | 10 | $694 | 0.00% | −9−47.4% | Reduced |
| Bay Harbor Wealth Management, LLC | 11 | $763 | 0.00% | +3+37.5% | Added |
| Torren Management, LLC | 12 | $822 | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 13 | $902 | 0.00% | 00.0% | Unchanged |
| Capital Advisors, Ltd. LLC | 14 | $1.00K | 0.00% | 00.0% | Unchanged |
| Avion Wealth | 20 | $1.00K | 0.00% | 00.0% | Unchanged |
| Wall Street Financial Group, Inc. | 17 | $1.18K | 0.00% | +17 | New |
| Clearstead Advisors, LLC | 20 | $1.39K | 0.00% | −254−92.7% | Reduced |
| Manchester Capital Management LLC | 21 | $1.46K | 0.00% | −33−61.1% | Reduced |
| Cornerstone Financial Management LLC | 22 | $1.53K | 0.00% | 00.0% | Unchanged |
| Steigerwald, Gordon & Koch Inc. | 24 | $1.67K | 0.00% | 00.0% | Unchanged |
| Trust Co | 25 | $1.75K | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 28 | $1.94K | 0.00% | +7+33.3% | Added |
| Godfrey Financial Associates, Inc. | 32 | $2.22K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 36 | $2.50K | 0.00% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 34 | $2.51K | 0.00% | 00.0% | Unchanged |
| Kilter Group LLC | 38 | $2.64K | 0.00% | +10+35.7% | Added |
| Private Trust Co NA | 40 | $2.78K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 42 | $2.92K | 0.00% | +1+2.4% | Added |
| Parkside Financial Bank & Trust | 50 | $3.47K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 52 | $3.65K | 0.00% | 00.0% | Unchanged |
| Keating Financial Advisory Services, Inc. | 57 | $3.96K | 0.00% | +32+128.0% | Added |
| JPL Wealth Management, LLC | 57 | $3.96K | 0.00% | +57 | New |
| CVA Family Office, LLC | 58 | $4.03K | 0.00% | +49+544.4% | Added |
| Cedar Mountain Advisors, LLC | 70 | $4.86K | 0.00% | +70 | New |
| Twin Peaks Wealth Advisors, LLC | 77 | $5.34K | 0.00% | +77 | New |
| Fortitude Family Office, LLC | 83 | $5.76K | 0.00% | +43+107.5% | Added |
| True Wealth Design, LLC | 94 | $6.53K | 0.00% | 00.0% | Unchanged |
| Private Wealth Management Group, LLC | 97 | $6.73K | 0.00% | 00.0% | Unchanged |
| Sachetta, LLC | 99 | $6.87K | 0.00% | +89+890.0% | Added |
| St. Johns Investment Management Company, LLC | 100 | $6.94K | 0.00% | 00.0% | Unchanged |
| Financial Perspectives, Inc | 100 | $6.94K | 0.00% | 00.0% | Unchanged |
| Clark Wealth Partners | 100 | $6.94K | 0.00% | 00.0% | Unchanged |
| Signature Resources Capital Management, LLC | 102 | $7.07K | 0.00% | +102 | New |
| Steward Partners Investment Advisory, LLC | 107 | $7.43K | 0.00% | 00.0% | Unchanged |
| UMA Financial Services, Inc. | 121 | $8.40K | 0.00% | 00.0% | Unchanged |
| Whittier Trust Co | 150 | $10.7K | 0.00% | +150 | New |
| GHP Investment Advisors, Inc. | 159 | $11.0K | 0.00% | 00.0% | Unchanged |
| Owl Creek Wealth Partners LLC | 165 | $11.5K | 0.00% | +165 | New |
| Covestor Ltd | 208 | $14.0K | 0.01% | −3,989−95.0% | Reduced |
| LRI Investments, LLC | 211 | $14.7K | 0.00% | 00.0% | Unchanged |
| Bogart Wealth, LLC | 222 | $15.4K | 0.00% | +2+0.9% | Added |
| Root Financial Partners, LLC | 233 | $16.2K | 0.00% | +147+170.9% | Added |
| RWM Asset Management, LLC | 255 | $17.7K | 0.00% | +255 | New |
| Brown Brothers Harriman & Co | 267 | $18.5K | 0.00% | +13+5.1% | Added |
| St Germain D J Co Inc | 286 | $19.9K | 0.00% | 00.0% | Unchanged |
| Cypress Capital Management LLC (WY) | 300 | $20.8K | 0.02% | 00.0% | Unchanged |
| Glen Eagle Advisors, LLC | 300 | $20.8K | 0.00% | 00.0% | Unchanged |
| HHM Wealth Advisors, LLC | 310 | $21.5K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 327 | $22.7K | 0.00% | +127+63.5% | Added |
| Byrne Asset Management LLC | 350 | $24.3K | 0.01% | 00.0% | Unchanged |
| Quent Capital, LLC | 366 | $25.4K | 0.00% | 00.0% | Unchanged |
| Ares Financial Consulting, LLC | 371 | $25.9K | 0.02% | +270+267.3% | Added |
| SRS Capital Advisors, Inc. | 385 | $27.0K | 0.00% | +245+175.0% | Added |
| 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 |
| Canton Hathaway, LLC | 400 | $27.8K | 0.01% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 424 | $29.4K | 0.00% | −35−7.6% | Reduced |
| Optiver Holding B.V. | 425 | $29.5K | 0.00% | −320−43.0% | Reduced |
| Clarity Asset Management, Inc. | 433 | $30.0K | 0.02% | −61−12.3% | Reduced |
| Innovative Asset Advisors Group, LLC | 450 | $31.2K | 0.02% | +450 | New |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 456 | $31.7K | 0.00% | 00.0% | Unchanged |
| Atlantic Trust, LLC | 456 | $31.7K | 0.01% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 488 | $33.9K | 0.00% | −2−0.4% | Reduced |
| Hussman Strategic Advisors, Inc. | 500 | $34.7K | 0.01% | 00.0% | Unchanged |
| IMA Wealth, Inc. | 500 | $34.7K | 0.00% | 00.0% | Unchanged |
| Bessemer Group Inc | 498 | $35.0K | 0.00% | 00.0% | Unchanged |
| WealthCollab, LLC | 525 | $36.4K | 0.02% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 550 | $38.4K | 0.00% | 00.0% | Unchanged |
| First Horizon Corp | 581 | $40.3K | 0.00% | −192−24.8% | Reduced |
| Kemnay Advisory Services Inc. | 624 | $43.3K | 0.01% | +395+172.5% | Added |
| Gen-Wealth Partners Inc | 639 | $44.4K | 0.01% | +5+0.8% | Added |
| Umb Bank N A | 694 | $48.2K | 0.00% | −6−0.9% | Reduced |
| Sunbelt Securities, Inc. | 705 | $48.9K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 724 | $50.3K | 0.00% | +724 | New |
| North Star Investment Management Corp. | 750 | $52.1K | 0.00% | 00.0% | Unchanged |
| Bartlett & Co. Wealth Management LLC | 800 | $59.9K | 0.00% | 00.0% | Unchanged |
| GWM Advisors LLC | 877 | $60.9K | 0.00% | −2,977−77.2% | Reduced |
| Bayforest Capital Ltd | 924 | $64.1K | 0.07% | +924 | New |
| Marshall Investment Management, LLC | 939 | $65.2K | 0.03% | +939 | New |
| Geneos Wealth Management Inc. | 962 | $66.7K | 0.00% | 00.0% | Unchanged |
| Meeder Asset Management Inc | 963 | $66.8K | 0.00% | +963 | New |
| GAMMA Investing LLC | 965 | $67.0K | 0.00% | +88+10.0% | Added |
| Nomura Asset Management Co Ltd | 980 | $68.0K | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 990 | $68.4K | 0.00% | +140+16.5% | Added |
| Rocky Mountain Advisers, LLC | 1,000 | $69.4K | 0.02% | 00.0% | Unchanged |