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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, Q2 2026

Institutional positions in Black Hills Corp as of Jun 30, 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
477
+7 vs. Q1 2026
Shares held
78.3M
+2.20M (+2.9%) vs. Q1 2026
Total value
$5.83B
+$544.5M (+10.3%) vs. Q1 2026
New holders
59
202 more added
Sold out
52
133 more reduced

6 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 477 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 heldQ2 2026: $5.83B
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, Q2 2026

Shares, value and share of portfolio for each institution holding Black Hills Corp; share changes are against Q1 2026.

Institutions holding BKH in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Barclays PLC74,013$5.51M0.00%+22,394+43.4%Added
Quantinno Capital Management LP72,005$5.36M0.01%+4,333+6.4%Added
New York State Teachers Retirement System71,148$5.29M0.01%+210+0.3%Added
Envestnet Asset Management Inc69,813$5.19M0.00%+1,337+2.0%Added
Mackenzie Financial Corp69,409$5.16M0.01%+4,264+6.5%Added
Creative Planning68,601$5.10M0.00%+21,537+45.8%Added
Vanguard Asset Management, Ltd62,453$4.65M0.00%+4,995+8.7%Added
Millennium Management LLC59,809$4.45M0.00%+23,298+63.8%Added
Warren Averett Asset Management, LLC58,886$4.38M0.03%−447−0.8%Reduced
Vanguard Investments Australia, Ltd.58,802$4.37M0.01%+2,165+3.8%Added
South Dakota Investment Council58,178$4.33M0.07%+128+0.2%Added
LPL Financial LLC57,360$4.27M0.00%−612−1.1%Reduced
Susquehanna Portfolio Strategies, LLC56,233$4.18M0.07%+31,738+129.6%Added
Captrust Financial Advisors55,567$4.13M0.01%+7,569+15.8%Added
Raymond James Financial Inc54,635$4.06M0.00%+9,211+20.3%Added
Alps Advisors Inc53,902$4.01M0.02%+5,537+11.4%Added
Qube Research & Technologies Ltd53,650$3.99M0.00%+53,650New
Burney Co53,432$3.98M0.11%−3,512−6.2%Reduced
Macquarie Group Ltd51,311$3.82M0.02%+3,055+6.3%Added
Cozad Asset Management Inc50,759$3.78M0.24%+2,190+4.5%Added
Cambridge Investment Research Advisors, Inc.50,488$3.76M0.01%+1,318+2.7%Added
Nisa Investment Advisors, LLC50,203$3.74M0.01%+416+0.8%Added
Hennessy Advisors Inc48,947$3.64M0.12%+3,800+8.4%Added
New York State Common Retirement Fund48,676$3.62M0.00%+3,000+6.6%Added
CI Private Wealth, LLC48,585$3.61M0.01%+343+0.7%Added
Midwest Trust Co48,481$3.61M0.04%−1,472−2.9%Reduced
Lesa Sroufe & Co48,246$3.59M2.56%+1,415+3.0%Added
Ameritas Investment Partners, Inc.47,476$3.53M0.09%+855+1.8%Added
Martingale Asset Management L P46,436$3.45M0.08%−100.0%Reduced
Mercer Global Advisors Inc44,931$3.34M0.00%+17,170+61.8%Added
Farmers & Merchants Investments Inc44,158$3.29M0.08%−1,554−3.4%Reduced
John G Ullman & Associates Inc43,522$3.24M0.39%−7,402−14.5%Reduced
Great West Life Assurance Co43,216$3.21M0.01%−688−1.6%Reduced
Boston Partners42,839$3.19M0.00%−20,069−31.9%Reduced
Hendley & Co Inc42,075$3.13M1.11%+42,075New
Synergy Financial Management, LLC39,526$2.94M0.28%−6,751−14.6%Reduced
Inspire Advisors, LLC38,938$2.89M0.20%+31,681+436.6%Added
First Manhattan Co37,659$2.80M0.01%−200−0.5%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH36,766$2.74M0.00%−10,579−22.3%Reduced
State of Tennessee, Treasury Department36,673$2.73M0.01%−660−1.8%Reduced
Vident Advisory, LLC36,475$2.71M0.02%+28,459+355.0%Added
Mirae Asset Global ETFs Holdings Ltd.35,833$2.67M0.00%+120+0.3%Added
Sterling Capital Management LLC35,232$2.62M0.04%+30,430+633.7%Added
Brinker Capital Investments, LLC35,169$2.62M0.02%−789−2.2%Reduced
Cetera Investment Advisers34,802$2.59M0.00%−730−2.1%Reduced
HSBC Holdings PLC34,238$2.56M0.00%+2,551+8.1%Added
Bridgeway Capital Management, LLC33,000$2.46M0.04%00.0%Unchanged
Amalgamated Bank32,366$2.41M0.02%−202−0.6%Reduced
Van Eck Associates Corp32,336$2.41M0.00%+1,865+6.1%Added
PEAK6 LLC32,248$2.40M0.06%+10,571+48.8%Added
Bollard Group LLC32,100$2.39M0.07%+220+0.7%Added
Wealth Enhancement Advisory Services, LLC36,402$2.36M0.00%+12,147+50.1%Added
XTX Topco Ltd31,753$2.36M0.03%+9,463+42.5%Added
Winton Group Ltd31,480$2.34M0.08%+31,480New
Fifth Third Bancorp30,387$2.26M0.00%−1,897−5.9%Reduced
DC Investments Management, LLC29,900$2.22M0.76%00.0%Unchanged
Polaris Capital Management, LLC29,800$2.22M0.21%−3,900−11.6%Reduced
State of New Jersey Common Pension Fund D29,589$2.20M0.01%−1,180−3.8%Reduced
Vanguard Global Advisers, LLC28,924$2.15M0.00%−1,045−3.5%Reduced
Riverwater Partners LLC28,480$2.12M0.63%+433+1.5%Added
State of Wisconsin Investment Board27,708$2.06M0.00%−13,018−32.0%Reduced
Empowered Funds, LLC25,712$1.91M0.01%+783+3.1%Added
Barnett & Company, Inc.25,600$1.90M1.41%−3,600−12.3%Reduced
State Board of Administration of Florida Retirement System25,581$1.90M0.00%−663−2.5%Reduced
Buckley Wealth Management, LLC25,031$1.86M0.46%−500−2.0%Reduced
Quadrature Capital Ltd24,778$1.84M0.02%+12,389+100.0%Added
Convergence Investment Partners, LLC24,090$1.79M0.17%−289−1.2%Reduced
BNP Paribas Arbitrage, SA23,642$1.76M0.00%−4,417−15.7%Reduced
Capital Financial Group Inc23,462$1.75M0.91%+1,341+6.1%Added
JustInvest LLC23,364$1.74M0.01%+607+2.7%Added
Teachers Retirement System of the State of Kentucky23,298$1.73M0.01%+2,000+9.4%Added
CWA Asset Management Group, LLC22,972$1.71M0.05%+2,575+12.6%Added
Police & Firemen's Retirement System of New Jersey22,949$1.71M0.01%+2,582+12.7%Added
AMG National Trust Bank22,427$1.67M0.03%−20,933−48.3%Reduced
Louisiana State Employees Retirement System22,300$1.66M0.02%+400+1.8%Added
Advisors Asset Management, Inc.22,276$1.66M0.03%−1,161−5.0%Reduced
FMR LLC21,640$1.61M0.00%+2,080+10.6%Added
Sequoia Financial Advisors, LLC21,332$1.59M0.01%+4,325+25.4%Added
Dockside LLC21,064$1.57M0.37%+21,064New
Arizona State Retirement System20,986$1.56M0.01%+250+1.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)20,893$1.55M0.00%+2,343+12.6%Added
AdvisorNet Financial, Inc20,523$1.53M0.07%+312+1.5%Added
Harbor Capital Advisors, Inc.20,492$1.52M0.10%+1,014+5.2%Added
Avantax Planning Partners, Inc.20,071$1.49M0.04%+49+0.2%Added
Foundations Investment Advisors, LLC20,035$1.49M0.02%+1,058+5.6%Added
Yousif Capital Management, LLC19,954$1.48M0.02%−1,279−6.0%Reduced
Advisor Group Holdings, Inc.19,878$1.48M0.00%+2,579+14.9%Added
Hantz Financial Services, Inc.19,230$1.43M0.02%+502+2.7%Added
Ensign Peak Advisors, Inc19,024$1.42M0.00%+4,269+28.9%Added
Sumitomo Mitsui Trust Holdings, Inc.18,941$1.41M0.00%+2,060+12.2%Added
Bank of Montreal18,790$1.40M0.00%−39−0.2%Reduced
Intech Investment Management LLC18,185$1.35M0.01%−2,265−11.1%Reduced
First PREMIER Bank18,131$1.35M0.22%−240−1.3%Reduced
Hancock Whitney Corp17,806$1.32M0.02%+32+0.2%Added
State of Michigan Retirement System17,800$1.32M0.01%−400−2.2%Reduced
Pathstone Holdings, LLC17,691$1.32M0.00%−1,358−7.1%Reduced
Cornerstone Wealth Management, LLC17,377$1.29M0.06%−60−0.3%Reduced
Northwestern Mutual Investment Management Company, LLC17,125$1.27M0.01%+217+1.3%Added
Miller Howard Investments Inc17,119$1.27M0.03%+603+3.7%Added
Man Group plc16,967$1.26M0.00%−105,880−86.2%Reduced