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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.

Institutional holdersQ1 2026: 476 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 heldQ1 2026: $5.31B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q4 2025.

Institutions holding BKH in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Journey Strategic Wealth LLC5,076$352.3K0.01%+20+0.4%Added
Pinnacle West Asset Management, Inc.4,950$344.0K0.23%−180−3.5%Reduced
Buckingham Strategic Partners4,955$343.9K0.00%−463−8.5%Reduced
DnB Asset Management AS4,950$343.6K0.00%+4,950New
Platform Technology Partners4,945$343.2K0.07%00.0%Unchanged
FORA Capital, LLC4,876$338.5K0.02%+2,923+149.7%Added
Sterling Capital Management LLC4,802$333.3K0.01%−10,521−68.7%Reduced
BIP Wealth, LLC4,600$319.3K0.01%+40+0.9%Added
Regions Financial Corp4,546$315.5K0.00%00.0%Unchanged
Ruggaard & Associates LLC4,544$315.4K0.12%−105−2.3%Reduced
Concurrent Investment Advisors, LLC4,503$312.6K0.00%+676+17.7%Added
Los Angeles Capital Management LLC4,458$309.4K0.00%−980−18.0%Reduced
Boothbay Fund Management, LLC4,373$303.5K0.01%+4,373New
Integrated Wealth Concepts LLC4,241$294.4K0.00%+1,290+43.7%Added
Syon Capital LLC4,069$282.4K0.01%00.0%Unchanged
Evergreen Capital Management LLC4,045$280.8K0.01%−39−1.0%Reduced
DGS Capital Management, LLC4,027$279.5K0.05%+697+20.9%Added
Ballentine Partners, LLC4,002$277.8K0.00%−213−5.1%Reduced
Rexford Capital Inc3,962$275.0K0.20%00.0%Unchanged
Skopos Labs, Inc.3,939$273.4K0.01%+900+29.6%Added
Frec Markets, Inc.3,936$273.2K0.05%+3,936New
NorthCrest Asset Manangement, LLC3,841$272.1K0.01%−507−11.7%Reduced
Evolve Private Wealth, LLC3,909$271.3K0.01%−106−2.6%Reduced
Signaturefd, LLC3,881$269.4K0.00%+65+1.7%Added
Chilton Capital Management LLC3,843$266.7K0.01%00.0%Unchanged
Bill Few Associates, Inc.3,829$265.8K0.06%+3,829New
Crossmark Global Holdings, Inc.3,777$262.2K0.00%−50−1.3%Reduced
Carlson Financial, Inc.3,710$257.5K0.15%+16+0.4%Added
Lido Advisors, LLC3,698$256.7K0.00%−93−2.5%Reduced
SeaCrest Wealth Management, LLC3,628$251.8K0.03%−95−2.6%Reduced
Bull Harbor Capital LLC3,499$242.9K0.07%+3,499New
J.W. Cole Advisors, Inc.3,416$237.1K0.01%+20+0.6%Added
Private Advisor Group, LLC3,386$235.0K0.00%−3,000−47.0%Reduced
Public Employees Retirement System of Ohio3,342$232.0K0.00%+137+4.3%Added
Richmond Investment Services, LLC3,328$231.0K0.04%00.0%Unchanged
Allworth Financial LP3,288$228.2K0.00%+147+4.7%Added
Financiere des Professionnels - Fonds d,investissement inc.3,225$223.8K0.01%00.0%Unchanged
111 Capital3,193$221.6K0.05%+3,193New
BKD Wealth Advisors, LLC3,181$220.8K0.00%00.0%Unchanged
Crewe Advisors LLC3,153$218.8K0.02%+13+0.4%Added
O'Domhnaill Enterprises, Inc.3,065$212.7K0.17%+3,065New
DRW Securities, LLC3,051$211.8K0.01%+3,051New
Truist Financial Corp3,042$211.2K0.00%+145+5.0%Added
Gaddis Premier Wealth Advisors LLC3,029$210.2K0.16%+3,029New
GW Henssler & Associates Ltd3,018$209.5K0.01%00.0%Unchanged
Parcion Private Wealth LLC3,011$209.0K0.01%−113−3.6%Reduced
Autumn Glory Partners, LLC3,004$208.5K0.08%+4+0.1%Added
RMB Capital Management, LLC2,972$206.3K0.00%+2,972New
Money Concepts Capital Corp2,955$205.1K0.01%+2,955New
Schmidt P J Investment Management Inc2,950$204.8K0.03%+2,950New
Bridgefront Capital, LLC2,917$202.5K0.05%+2,917New
State of Wyoming2,847$197.6K0.02%+1,794+170.4%Added
Huntington National Bank2,826$196.2K0.00%+43+1.5%Added
Scarborough Advisors, LLC2,591$179.8K0.02%+25+1.0%Added
KBC Group NV2,538$176.0K0.00%+632+33.2%Added
EverSource Wealth Advisors, LLC2,479$172.1K0.01%+440+21.6%Added
Parallel Advisors, LLC2,345$162.8K0.00%+29+1.3%Added
SBI Securities Co., Ltd.2,005$139.2K0.00%+222+12.5%Added
Rothschild Investment LLC1,968$136.6K0.01%+280+16.6%Added
Northwestern Mutual Wealth Management Co1,806$125.4K0.00%+4+0.2%Added
Massmutual Trust Co FSB1,794$124.5K0.00%−18−1.0%Reduced
Farther Finance Advisors, LLC1,612$112.7K0.00%+96+6.3%Added
Asset Planning,Inc1,453$100.9K0.07%+13+0.9%Added
Rialto Wealth Management, LLC1,415$98.2K0.02%+1,413+70,650.0%Added
Essential Partners LLC1,376$95.5K0.03%+15+1.1%Added
Westfuller Advisors, LLC1,346$93.4K0.04%−15−1.1%Reduced
Harbour Investments, Inc.1,320$91.6K0.00%+99+8.1%Added
HM Payson & Co1,300$90.2K0.00%00.0%Unchanged
Larson Financial Group LLC1,269$88.1K0.00%−694−35.4%Reduced
Mitsubishi UFJ Trust & Banking Corp1,227$85.2K0.00%−28−2.2%Reduced
Smithfield Trust Co1,175$82.0K0.00%00.0%Unchanged
Hilltop National Bank1,153$80.0K0.02%00.0%Unchanged
CoreCap Advisors, LLC1,132$78.6K0.00%−22−1.9%Reduced
Pinnacle Wealth Planning Services, Inc.1,005$69.8K0.01%+567+129.5%Added
Rocky Mountain Advisers, LLC1,000$69.4K0.02%00.0%Unchanged
City State Bank1,000$69.4K0.02%00.0%Unchanged
Pingora Partners LLC1,000$69.4K0.04%00.0%Unchanged
Smartleaf Asset Management LLC990$68.4K0.00%+140+16.5%Added
Nomura Asset Management Co Ltd980$68.0K0.00%00.0%Unchanged
GAMMA Investing LLC965$67.0K0.00%+88+10.0%Added
Meeder Asset Management Inc963$66.8K0.00%+963New
Geneos Wealth Management Inc.962$66.7K0.00%00.0%Unchanged
Marshall Investment Management, LLC939$65.2K0.03%+939New
Bayforest Capital Ltd924$64.1K0.07%+924New
GWM Advisors LLC877$60.9K0.00%−2,977−77.2%Reduced
Bartlett & Co. Wealth Management LLC800$59.9K0.00%00.0%Unchanged
North Star Investment Management Corp.750$52.1K0.00%00.0%Unchanged
Advisory Services Network, LLC724$50.3K0.00%+724New
Sunbelt Securities, Inc.705$48.9K0.00%00.0%Unchanged
Umb Bank N A694$48.2K0.00%−6−0.9%Reduced
Gen-Wealth Partners Inc639$44.4K0.01%+5+0.8%Added
Kemnay Advisory Services Inc.624$43.3K0.01%+395+172.5%Added
First Horizon Corp581$40.3K0.00%−192−24.8%Reduced
TD Waterhouse Canada Inc.550$38.4K0.00%00.0%Unchanged
WealthCollab, LLC525$36.4K0.02%00.0%Unchanged
Bessemer Group Inc498$35.0K0.00%00.0%Unchanged
Hussman Strategic Advisors, Inc.500$34.7K0.01%00.0%Unchanged
IMA Wealth, Inc.500$34.7K0.00%00.0%Unchanged
Versant Capital Management, Inc488$33.9K0.00%−2−0.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.456$31.7K0.00%00.0%Unchanged