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 |
|---|---|---|---|---|---|
| Atlantic Trust, LLC | 456 | $31.7K | 0.01% | 00.0% | Unchanged |
| Innovative Asset Advisors Group, LLC | 450 | $31.2K | 0.02% | +450 | New |
| Clarity Asset Management, Inc. | 433 | $30.0K | 0.02% | −61−12.3% | Reduced |
| Optiver Holding B.V. | 425 | $29.5K | 0.00% | −320−43.0% | Reduced |
| Ronald Blue Trust, Inc. | 424 | $29.4K | 0.00% | −35−7.6% | Reduced |
| 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 |
| SRS Capital Advisors, Inc. | 385 | $27.0K | 0.00% | +245+175.0% | Added |
| Ares Financial Consulting, LLC | 371 | $25.9K | 0.02% | +270+267.3% | Added |
| Quent Capital, LLC | 366 | $25.4K | 0.00% | 00.0% | Unchanged |
| Byrne Asset Management LLC | 350 | $24.3K | 0.01% | 00.0% | Unchanged |
| MAI Capital Management | 327 | $22.7K | 0.00% | +127+63.5% | Added |
| HHM Wealth Advisors, LLC | 310 | $21.5K | 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 |
| St Germain D J Co Inc | 286 | $19.9K | 0.00% | 00.0% | Unchanged |
| Brown Brothers Harriman & Co | 267 | $18.5K | 0.00% | +13+5.1% | Added |
| RWM Asset Management, LLC | 255 | $17.7K | 0.00% | +255 | New |
| Root Financial Partners, LLC | 233 | $16.2K | 0.00% | +147+170.9% | Added |
| Bogart Wealth, LLC | 222 | $15.4K | 0.00% | +2+0.9% | Added |
| LRI Investments, LLC | 211 | $14.7K | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 208 | $14.0K | 0.01% | −3,989−95.0% | Reduced |
| Owl Creek Wealth Partners LLC | 165 | $11.5K | 0.00% | +165 | New |
| GHP Investment Advisors, Inc. | 159 | $11.0K | 0.00% | 00.0% | Unchanged |
| Whittier Trust Co | 150 | $10.7K | 0.00% | +150 | New |
| UMA Financial Services, Inc. | 121 | $8.40K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 107 | $7.43K | 0.00% | 00.0% | Unchanged |
| Signature Resources Capital Management, LLC | 102 | $7.07K | 0.00% | +102 | New |
| 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 |
| Sachetta, LLC | 99 | $6.87K | 0.00% | +89+890.0% | Added |
| Private Wealth Management Group, LLC | 97 | $6.73K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 94 | $6.53K | 0.00% | 00.0% | Unchanged |
| Fortitude Family Office, LLC | 83 | $5.76K | 0.00% | +43+107.5% | Added |
| Twin Peaks Wealth Advisors, LLC | 77 | $5.34K | 0.00% | +77 | New |
| Cedar Mountain Advisors, LLC | 70 | $4.86K | 0.00% | +70 | New |
| CVA Family Office, LLC | 58 | $4.03K | 0.00% | +49+544.4% | Added |
| JPL Wealth Management, LLC | 57 | $3.96K | 0.00% | +57 | New |
| Keating Financial Advisory Services, Inc. | 57 | $3.96K | 0.00% | +32+128.0% | Added |
| Sound Income Strategies, LLC | 52 | $3.65K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 50 | $3.47K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 42 | $2.92K | 0.00% | +1+2.4% | Added |
| Private Trust Co NA | 40 | $2.78K | 0.00% | 00.0% | Unchanged |
| Kilter Group LLC | 38 | $2.64K | 0.00% | +10+35.7% | Added |
| Cornerstone Planning Group LLC | 34 | $2.51K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 36 | $2.50K | 0.00% | 00.0% | Unchanged |
| Godfrey Financial Associates, Inc. | 32 | $2.22K | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 28 | $1.94K | 0.00% | +7+33.3% | Added |
| Trust Co | 25 | $1.75K | 0.00% | 00.0% | Unchanged |
| Steigerwald, Gordon & Koch Inc. | 24 | $1.67K | 0.00% | 00.0% | Unchanged |
| Cornerstone Financial Management LLC | 22 | $1.53K | 0.00% | 00.0% | Unchanged |
| Manchester Capital Management LLC | 21 | $1.46K | 0.00% | −33−61.1% | Reduced |
| Clearstead Advisors, LLC | 20 | $1.39K | 0.00% | −254−92.7% | Reduced |
| Wall Street Financial Group, Inc. | 17 | $1.18K | 0.00% | +17 | New |
| Capital Advisors, Ltd. LLC | 14 | $1.00K | 0.00% | 00.0% | Unchanged |
| Avion Wealth | 20 | $1.00K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 13 | $902 | 0.00% | 00.0% | Unchanged |
| Torren Management, LLC | 12 | $822 | 0.00% | 00.0% | Unchanged |
| Bay Harbor Wealth Management, LLC | 11 | $763 | 0.00% | +3+37.5% | Added |
| WPG Advisers, LLC | 10 | $694 | 0.00% | −9−47.4% | Reduced |
| Caitlin John, LLC | 10 | $671 | 0.00% | 00.0% | Unchanged |
| MV Capital Management, Inc. | 9 | $625 | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 8 | $556 | 0.00% | +3+60.0% | Added |
| DiNuzzo Private Wealth, Inc. | 6 | $417 | 0.00% | 00.0% | Unchanged |
| Financial Management Professionals, Inc. | 6 | $416 | 0.00% | 00.0% | Unchanged |
| Rossby Financial, LCC | 5 | $349 | 0.00% | +5 | New |
| Vermillion Wealth Management, Inc. | 4 | $278 | 0.00% | +4 | New |
| HFM Investment Advisors, LLC | 3 | $208 | 0.00% | −2−40.0% | Reduced |
| Leonteq Securities AG | 3 | $208 | 0.00% | 00.0% | Unchanged |
| Hughes Financial Services, LLC | 2 | $139 | 0.00% | 00.0% | Unchanged |
| Dunhill Financial, LLC | 1 | $92 | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 1 | $69 | 0.00% | +1 | New |
| Curio Wealth, LLC | 1 | $69 | 0.00% | +1 | New |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −978,200−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −124,539−100.0% | Sold out |
| Jain Global LLC | 0 | $0 | 0.00% | −110,211−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −91,853−100.0% | Sold out |
| Benson Investment Management Company, Inc. | 0 | $0 | 0.00% | −79,555−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −49,600−100.0% | Sold out |
| Susquehanna Fundamental Investments, LLC | 0 | $0 | 0.00% | −44,949−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −37,089−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −20,823−100.0% | Sold out |
| American Century Companies Inc | 0 | $0 | 0.00% | −17,506−100.0% | Sold out |
| Lazard Asset Management LLC | 0 | $0 | 0.00% | −15,034−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −12,384−100.0% | Sold out |
| Parallax Volatility Advisers, L.P. | 0 | $0 | 0.00% | −11,937−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −10,777−100.0% | Sold out |
| CSS LLC | 0 | $0 | 0.00% | −8,037−100.0% | Sold out |
| Clear Creek Financial Management, LLC | 0 | $0 | 0.00% | −7,417−100.0% | Sold out |
| QP Wealth Management, LLC | 0 | $0 | 0.00% | −7,089−100.0% | Sold out |
| Massar Capital Management, LP | 0 | $0 | 0.00% | −6,844−100.0% | Sold out |
| Abel Hall, LLC | 0 | $0 | 0.00% | −6,335−100.0% | Sold out |
| Horizon Investment Services, LLC | 0 | $0 | 0.00% | −5,044−100.0% | Sold out |
| Teacher Retirement System of Texas | 0 | $0 | 0.00% | −4,432−100.0% | Sold out |
| Sivia Capital Partners, LLC | 0 | $0 | 0.00% | −4,258−100.0% | Sold out |
| nVerses Capital, LLC | 0 | $0 | 0.00% | −3,944−100.0% | Sold out |
| DekaBank Deutsche Girozentrale | 0 | $0 | 0.00% | −4,419−100.0% | Sold out |