Black HillsBKH
13F holders, Q4 2024 (December 31)400holders +6
33new positions
33sold out
6famous investors
$58.49avg. 13F price*
At the end of Q4 2024, 400 institutions reported holding Black Hills Corp. (BKH) in their 13F filings, up 6 from Q3 2024. 33 opened new positions and 33 sold out. The largest holders were BlackRock, Inc. ($673.0M), Vanguard Group Inc. ($503.4M) and State Street Corp. ($225.6M). 6 famous investors held it, including Mario Gabelli (0.1% of GAMCO Investors's portfolio), Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Black Hills Corp.
- CUSIP
- 092113109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 33 | $36.8M |
| Exits | 33 | $53.6M |
All 13F filers, Q3 2024 → Q4 2024: 4,380,639 shares bought and 4,183,967 shares sold, net +196,672 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 400 holders
| BlackRock, Inc. | 0.01% | Add +4.1% | 11,500,452 | $673.0M |
| Vanguard Group Inc. | 0.01% | Add +0.4% | 8,602,223 | $503.4M |
| State Street Corp. | 0.01% | Add +6.7% | 3,854,472 | $225.6M |
| Macquarie Group Ltd. | 0.17% | Reduce -5.1% | 2,358,688 | $138.0M |
| Capital Research Global Investors | 0.02% | Add +21.5% | 1,845,088 | $108.0M |
| Geode Capital Management, LLC | 0.01% | Add +2.1% | 1,698,234 | $99.4M |
| Zimmer Partners, LP | 1.49% | Reduce -6.6% | 1,472,204 | $86.2M |
| Fuller & Thaler Asset Management, Inc. | 0.29% | Reduce -19.5% | 1,328,852 | $77.8M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +3.3% | 1,225,653 | $71.7M |
| Nuveen Asset Management, LLC | 0.02% | Reduce -2.3% | 1,110,441 | $65.0M |
| Dimensional Fund Advisors LP | 0.01% | Add +3.8% | 1,037,622 | $60.7M |
| Northern Trust Corp. | 0.01% | Add +11.6% | 1,016,477 | $59.5M |
| Goldman Sachs Group Inc. | 0.01% | Add +5.0% | 962,777 | $56.3M |
| First Trust Advisors LP | 0.05% | Add +309.5% | 953,431 | $55.8M |
| Franklin Resources Inc. | 0.01% | Add +1.6% | 897,245 | $52.5M |
| AQR Capital Management | 0.07% | Reduce -15.3% | 873,975 | $51.1M |
| Bank of New York Mellon Corp | 0.01% | Reduce -0.1% | 837,894 | $49.0M |
| Invesco Ltd. | 0.01% | Add +5.7% | 831,156 | $48.6M |
| ProShare Advisors LLC | 0.09% | Add +3.0% | 698,890 | $40.9M |
| Morgan Stanley | 0.00% | Reduce -8.3% | 677,066 | $39.6M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -24.0% | 593,515 | $34.7M |
| Victory Capital Management Inc. | 0.03% | Add +19.3% | 551,582 | $32.3M |
| JPMorgan Chase & Co. | 0.00% | Add +34.9% | 551,414 | $32.3M |
| Bank of America Corp. | 0.00% | Reduce -14.5% | 507,986 | $29.7M |
| Millennium Management | 0.02% | Add +113.6% | 463,459 | $27.1M |
| Gabelli Funds LLC | 0.20% | Reduce -0.1% | 456,600 | $26.7M |
| Hotchkis & Wiley Capital Management LLC | 0.08% | Add +95.6% | 420,970 | $24.6M |
| Old Republic International Corp. | 0.95% | No change | 414,000 | $24.2M |
| Janus Henderson Group PLC | 0.01% | Add +0.0% | 413,447 | $24.2M |
| Manufacturers Life Insurance Company, The | 0.02% | Reduce -6.0% | 400,393 | $23.4M |
| Duff & Phelps Investment Management Co. | 0.27% | No change | 389,700 | $22.8M |
| Legal & General Group Plc | 0.01% | Add +1.3% | 380,090 | $22.2M |
| Qube Research & Technologies Ltd | 0.03% | Add +20.2% | 359,834 | $21.1M |
| California Public Employees Retirement System | 0.01% | Reduce -0.6% | 347,841 | $20.4M |
| UBS Group AG | 0.00% | Add +93.2% | 312,098 | $18.3M |
| Brandywine Global Investment Management, LLC | 0.10% | Reduce -6.7% | 244,396 | $14.3M |
| Rhumbline Advisers | 0.01% | Add +2.9% | 240,408 | $14.1M |
| Prudential Financial Inc. | 0.02% | Reduce -59.0% | 235,940 | $13.8M |
| First Eagle Investment Management, LLC | 0.03% | Reduce -28.3% | 231,416 | $13.5M |
| Glenmede Trust Co. NA | 0.07% | Reduce -0.8% | 230,329 | $13.5M |
| Hunter Perkins Capital Management, LLC | 2.78% | Reduce -17.2% | 225,040 | $13.2M |
| Barclays PLC | 0.01% | Reduce -57.4% | 213,476 | $12.5M |
| Principal Financial Group Inc. | 0.01% | Add +3.8% | 211,325 | $12.4M |
| GAMCO Investors | 0.12% | No change | 191,421 | $11.2M |
| Phocas Financial Corp. | 1.41% | Reduce -0.9% | 180,954 | $10.6M |
| Deutsche Bank AG | 0.00% | Reduce -8.6% | 180,254 | $10.5M |
| Great Lakes Advisors, LLC | 0.09% | New | 179,258 | $10.5M |
| Thrivent Financial for Lutherans | 0.02% | Reduce -15.1% | 178,923 | $10.5M |
| Voya Investment Management LLC | 0.01% | Reduce -18.6% | 170,003 | $9.9M |
| Leeward Investments, LLC - MA | 0.46% | Reduce -7.0% | 157,770 | $9.2M |
| Invenomic Capital Management LP | 0.48% | Add +8.2% | 146,171 | $8.6M |
| HighTower Advisors, LLC | 0.01% | Add +42.1% | 145,424 | $8.5M |
| Raymond James Financial Inc. | 0.00% | — | 143,773 | $8.4M |
| Ameriprise Financial Inc. | 0.00% | Reduce -63.2% | 142,717 | $8.4M |
| Mairs & Power Inc. | 0.08% | Reduce -0.1% | 140,345 | $8.2M |
| Swiss National Bank | 0.01% | Add +1.9% | 137,279 | $8.0M |
| Alliancebernstein L.P. | 0.00% | Reduce -0.3% | 135,066 | $7.9M |
| Kennedy Capital Management LLC | 0.17% | Reduce -5.4% | 133,958 | $7.8M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.05% | Add +2.1% | 132,754 | $7.8M |
| Mutual of America Capital Management LLC | 0.08% | Reduce -0.2% | 130,034 | $7.6M |
| Crawford Investment Counsel Inc. | 0.14% | Add +2.3% | 129,237 | $7.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +2.0% | 127,341 | $7.5M |
| Tudor Investment Corporation | 0.08% | Add +66.2% | 121,813 | $7.1M |
| Corebridge Financial, Inc. | 0.04% | Reduce -2.8% | 115,326 | $6.7M |
| Verition Fund Management LLC | 0.03% | Add +304.4% | 113,784 | $6.7M |
| HSBC Holdings PLC | 0.00% | Add +34.1% | 104,224 | $6.1M |
| Royal Bank of Canada | 0.00% | Add +5.3% | 103,304 | $6.0M |
| Keeley-Teton Advisors, LLC | 0.69% | Add +32.2% | 101,404 | $5.9M |
| Congress Asset Management Co. | 0.04% | Add +9.3% | 98,413 | $5.8M |
| Citigroup Inc. | 0.01% | Add +9.1% | 98,321 | $5.8M |
| Mackenzie Financial Corp. | 0.01% | Reduce -37.1% | 90,419 | $5.3M |
| Stifel Financial Corp. | 0.01% | Add +11.5% | 90,033 | $5.3M |
| New York State Teachers Retirement System | 0.01% | Reduce -8.4% | 87,390 | $5.1M |
| Retirement Systems of Alabama | 0.02% | Add +2.7% | 87,026 | $5.1M |
| SG Americas Securities, LLC | 0.02% | Add +1579.6% | 84,634 | $5.0M |
| MetLife Investment Management, LLC | 0.03% | Add +8.8% | 80,908 | $4.7M |
| Burney Co./ | 0.16% | Reduce -1.5% | 78,495 | $4.6M |
| South Dakota Investment Council | 0.08% | No change | 71,775 | $4.2M |
| WCM Investment Management, LLC | 0.01% | Add +200.7% | 70,783 | $4.1M |
| Martingale Asset Management L P | 0.10% | Reduce -1.7% | 70,481 | $4.1M |
| ExodusPoint Capital Management, LP | 0.04% | New | 67,427 | $3.9M |
| California State Teachers Retirement System | 0.00% | Add +0.1% | 65,264 | $3.8M |
| Wells Fargo & Company | 0.00% | Add +17.5% | 65,199 | $3.8M |
| Federated Hermes, Inc. | 0.01% | Add +404.9% | 61,709 | $3.6M |
| Clark Capital Management Group, Inc. | 0.03% | Reduce -29.4% | 61,116 | $3.6M |
| Kingsview Wealth Management, LLC | 0.07% | New | 58,903 | $3.4M |
| Paradiem, LLC | 0.90% | New | 57,361 | $3.4M |
| State of Wisconsin Investment Board | 0.01% | Reduce -2.4% | 56,852 | $3.3M |
| Farmers & Merchants Investments Inc. | 0.10% | Reduce -5.8% | 56,627 | $3.3M |
| John G Ullman & Associates Inc. | 0.48% | Reduce -5.0% | 55,591 | $3.3M |
| Panagora Asset Management Inc. | 0.01% | Reduce -53.2% | 54,999 | $3.2M |
| Envestnet Asset Management Inc. | 0.00% | Add +60.2% | 54,088 | $3.2M |
| Balyasny Asset Management L.P. | 0.01% | Reduce -33.2% | 54,075 | $3.2M |
| Financial Counselors Inc. | 0.05% | Reduce -0.7% | 53,999 | $3.2M |
| T. Rowe Price Associates Inc. | 0.00% | Add +8.5% | 53,536 | $3.1M |
| Meritage Portfolio Management | 0.19% | Reduce -6.1% | 50,985 | $3.0M |
| Alta Capital Management LLC/ | 0.18% | New | 50,805 | $3.0M |
| Nisa Investment Advisors, LLC | 0.01% | Add +0.3% | 49,061 | $2.9M |
| Magellan Asset Management Ltd | 0.03% | Reduce -17.9% | 48,356 | $2.8M |
| Hennessy Advisors Inc. | 0.08% | Add +5.6% | 47,147 | $2.8M |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -4.0% | 46,512 | $2.7M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Reduce -8.3% | 46,115 | $2.7M |
| First Manhattan Co. Llc. | 0.01% | Reduce -0.1% | 45,982 | $2.7M |
| New York State Common Retirement Fund | 0.00% | No change | 45,542 | $2.7M |
| State of Tennessee, Department of Treasury | 0.01% | Reduce -2.7% | 45,289 | $2.7M |
| Waverly Advisors, LLC | 0.04% | Add +6.5% | 43,786 | $2.6M |
| Ontario Teachers Pension Plan Board | 0.03% | Reduce -14.7% | 42,860 | $2.5M |
| Riverwater Partners LLC | 1.18% | Add +42.6% | 41,581 | $2.4M |
| Ameritas Investment Partners, Inc. | 0.08% | Add +1.2% | 41,319 | $2.4M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.01% | Add +6.2% | 39,892 | $2.3M |
| FMR LLC | 0.00% | Reduce -67.2% | 38,645 | $2.3M |
| Cerity Partners LLC | 0.00% | Reduce -2.6% | 37,928 | $2.2M |
| Cubist Systematic Strategies, LLC | 0.04% | Reduce -50.9% | 37,254 | $2.2M |
| Inspire Advisors, LLC | 0.25% | Add +28.8% | 35,563 | $2.1M |
| Littlejohn Financial Services, Inc. | 1.84% | — | 35,092 | $2.1M |
| Segall Bryant & Hamill, LLC | 0.03% | Add +46.5% | 35,056 | $2.1M |
| Algert Global LLC | 0.05% | Add +21.9% | 34,764 | $2.0M |
| AMG National Trust Bank | 0.06% | Add +0.5% | 34,582 | $2.0M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -1.0% | 33,474 | $2.0M |
| Susquehanna International Group, LLP | 0.00% | Add +222.5% | 33,329 | $2.0M |
| Aventail Capital Group, LP | 0.10% | New | 32,860 | $1.9M |
| Avantax Planning Partners, Inc. | 0.07% | Add +0.4% | 32,814 | $1.9M |
| Comerica Bank | 0.01% | Reduce -8.6% | 32,735 | $1.9M |
| Amalgamated Bank | 0.02% | Add +2.3% | 32,712 | $1.9M |
| LPL Financial LLC | 0.00% | Add +11.7% | 32,591 | $1.9M |
| Martin Capital Partners, LLC | 2.22% | Reduce -45.5% | 31,978 | $1.9M |
| Greenland Capital Management LP | 0.37% | New | 31,450 | $1.8M |
| DC Investments Management, LLC | 1.19% | Add +69.3% | 31,227 | $1.8M |
| Mariner, LLC | 0.00% | Add +17.2% | 28,372 | $1.7M |
| Intech Investment Management LLC | 0.02% | Add +106.7% | 27,261 | $1.6M |
| Jackson Creek Investment Advisors LLC | 0.46% | Reduce -9.8% | 26,250 | $1.5M |
| Creative Planning | 0.00% | Add +3.6% | 25,422 | $1.5M |
| Bollard Group LLC | 0.04% | Add +0.3% | 25,112 | $1.5M |
| Two Sigma Advisers, LP | 0.00% | Add +0.4% | 25,000 | $1.5M |
| Yousif Capital Management, LLC | 0.02% | Reduce -2.5% | 24,300 | $1.4M |
| Advisors Asset Management, Inc. | 0.03% | Add +16.3% | 24,128 | $1.4M |
| Convergence Investment Partners, LLC | 0.31% | Add +7.7% | 24,070 | $1.4M |
| Hantz Financial Services, Inc. | 0.02% | Reduce -1.0% | 23,307 | $1.4M |
| Allianz Asset Management GmbH | 0.00% | New | 22,556 | $1.3M |
| Sei Investments Co. | 0.00% | Add +25.9% | 22,304 | $1.3M |
| Two Sigma Investments, LP | 0.00% | Reduce -24.8% | 21,889 | $1.3M |
| AdvisorNet Financial, Inc | 0.11% | Reduce -4.1% | 21,515 | $1.3M |
| American Century Companies Inc. | 0.00% | No change | 21,462 | $1.3M |
| Voloridge Investment Management, LLC | 0.00% | Reduce -82.2% | 21,367 | $1.3M |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -31.5% | 21,308 | $1.2M |
| Teachers Retirement System of the State of Kentucky | 0.01% | Reduce -2.3% | 21,298 | $1.2M |
| Van Eck Associates Corp. | 0.00% | Add +10.6% | 20,862 | $1.2M |
| First PREMIER Bank | 0.31% | Reduce -1.1% | 20,600 | $1.2M |
| Cetera Investment Advisers | 0.00% | Reduce -0.7% | 20,500 | $1.2M |
| Arizona State Retirement System | 0.01% | Add +2.0% | 20,242 | $1.2M |
| Natixis Advisors, LLC | 0.00% | Add +0.5% | 20,142 | $1.2M |
| Bank of Montreal | 0.00% | Add +7.2% | 20,119 | $1.2M |
| Louisiana State Employees Retirement System | 0.02% | Add +3.1% | 19,900 | $1.2M |
| Vanguard Personalized Indexing Management, LLC | 0.02% | Add +3.9% | 19,546 | $1.1M |
| BNP Paribas Financial Markets | 0.00% | Reduce -69.3% | 19,001 | $1.1M |
| Cozad Asset Management Inc. | 0.10% | No change | 18,199 | $1.1M |
| Guggenheim Capital LLC | 0.01% | Reduce -79.7% | 18,149 | $1.1M |
| Dynamic Technology Lab Private Ltd | 0.17% | New | 17,549 | $1.0M |
| Alps Advisors Inc. | 0.01% | Add +17.6% | 17,046 | $998K |
| State of Michigan Retirement System | 0.01% | Add +1.8% | 16,900 | $989K |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -0.5% | 16,592 | $971K |
| Pathstone Holdings, LLC | 0.00% | Add +140.6% | 16,565 | $969K |
| Lazard Asset Management LLC | 0.00% | Reduce -11.8% | 16,274 | $951K |
| Cornerstone Wealth Management, LLC | 0.06% | Add +27.1% | 16,241 | $950K |
| Harbor Capital Advisors, Inc. | 0.04% | Add +4751.1% | 16,154 | $945K |
| Sabal Trust CO | 0.05% | No change | 16,000 | $936K |
| Northwestern Mutual Investment Management Company, LLC | 0.02% | Add +2.8% | 15,907 | $931K |
| Twinbeech Capital LP | 0.02% | New | 15,901 | $931K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -1.6% | 15,322 | $897K |
| Creative Financial Designs Inc. | 0.07% | Add +3.9% | 15,323 | $897K |
| Icon Advisers Inc. | 0.20% | No change | 15,200 | $890K |
| Susquehanna Fundamental Investments, LLC | 0.01% | — | 15,071 | $882K |
| Police & Firemen's Retirement System of New Jersey | 0.01% | — | 14,607 | $855K |
| Oregon Public Employees Retirement Fund | 0.02% | Add +2.1% | 14,522 | $850K |
| Savant Capital, LLC | 0.01% | Add +0.2% | 14,420 | $844K |
| Smith, Moore & Co. | 0.08% | Add +4.4% | 14,032 | $821K |
| Kestra Investment Management, LLC | 0.03% | New | 13,392 | $784K |
| Legacy Financial Advisors, Inc. | 0.13% | Reduce -0.1% | 13,375 | $783K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -1.0% | 13,375 | $783K |
| Teacher Retirement System of Texas | 0.00% | Reduce -75.7% | 13,370 | $782K |
| New Mexico Educational Retirement Board | 0.03% | No change | 13,306 | $779K |
| Sterling Capital Management LLC | 0.01% | Add +17.9% | 13,292 | $778K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +3.0% | 13,151 | $770K |
| D.A. Davidson & Co. | 0.01% | Reduce -4.1% | 13,110 | $767K |
| Huber Capital Management LLC | 0.15% | Reduce -33.1% | 12,698 | $743K |
| Meeder Advisory Services, Inc. | 0.04% | Reduce -7.3% | 12,224 | $715K |
| Fox Run Management, L.L.C. | 0.13% | Add +127.5% | 12,205 | $714K |
| Diversified Trust Co. | 0.02% | Add +8.2% | 12,161 | $712K |
| Western Wealth Management, LLC | 0.04% | Reduce -11.0% | 11,994 | $702K |
| US Bancorp \de | 0.00% | Reduce -4.1% | 11,934 | $698K |
| Miller Howard Investments Inc. | 0.02% | Add +1.3% | 11,805 | $691K |
| O'shaughnessy Asset Management, LLC | 0.01% | Add +17.5% | 11,615 | $680K |
| Bailard, Inc. | 0.02% | No change | 11,601 | $679K |
| Choreo, LLC | 0.01% | Reduce -14.1% | 11,620 | $679K |
| Summit Global Investments | 0.04% | New | 11,547 | $676K |
| Assenagon Asset Management S.A. | 0.00% | Reduce -96.1% | 11,491 | $672K |
| Trajan Wealth LLC | 0.04% | No change | 11,262 | $659K |
| Roehl & Yi Investment Advisors, LLC | 0.35% | — | 11,010 | $644K |
| Aster Capital Management (DIFC) Ltd | 0.25% | Add +29.6% | 11,006 | $644K |
| Ieq Capital, LLC | 0.01% | New | 10,996 | $643K |
| CSS LLC | 0.12% | Add +15.4% | 10,808 | $632K |
| Henshaw Capital LLC | 0.03% | No change | 10,641 | $623K |
| Uncommon Cents Investing LLC | 0.18% | No change | 10,560 | $618K |
| Pacer Advisors, Inc. | 0.00% | Reduce -36.0% | 10,236 | $599K |
| Gotham Asset Management | 0.01% | Reduce -2.6% | 10,128 | $593K |
| Navellier & Associates Inc. | 0.07% | New | 10,104 | $591K |
| Xponance LLC | 0.01% | Add +7.0% | 10,030 | $587K |
| Lido Advisors, LLC | 0.00% | Add +3.3% | 9,538 | $558K |
| Nomura Holdings Inc. | 0.00% | New | 9,479 | $555K |
| Cornercap Investment Counsel Inc. | 0.18% | No change | 9,462 | $554K |
| IFM Investors Pty Ltd | 0.01% | Add +2.4% | 9,271 | $543K |
| Citadel Advisors | 0.00% | Reduce -65.2% | 9,090 | $532K |
| CWA Asset Management Group, LLC | 0.03% | Reduce -69.3% | 9,082 | $532K |
| Penn Capital Management Company, LLC | 0.05% | Reduce -8.9% | 8,883 | $520K |
| Eagle Harbor Asset Management Inc. | 0.51% | No change | 8,632 | $505K |
| Atria Investments, Inc | 0.01% | Add +43.1% | 8,407 | $492K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +462.1% | 8,348 | $489K |
| Wbi Investments, LLC | 0.12% | Add +2.5% | 8,344 | $488K |
| State of Alaska, Department of Revenue | 0.01% | Add +3.4% | 8,162 | $477K |
| Osaic Holdings, Inc. | 0.00% | Reduce -12.1% | 8,616 | $473K |
| Intrua Financial, LLC | 0.08% | Add +9.4% | 8,023 | $469K |
| Burke & Herbert Bank & Trust Co. | 0.11% | No change | 8,000 | $468K |
| Aigen Investment Management, LP | 0.08% | Reduce -42.5% | 7,770 | $455K |
| Daiwa Securities Group Inc. | 0.00% | Add +1.1% | 7,563 | $443K |
| Barnett & Company, Inc. | 0.29% | Add +2.7% | 7,500 | $439K |
| Quantinno Capital Management LP | 0.00% | Add +63.7% | 7,350 | $430K |
| Kestra Advisory Services, LLC | 0.00% | Add +17.8% | 7,341 | $430K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Reduce -16.6% | 7,210 | $422K |
| Y-Intercept (Hong Kong) Ltd | 0.03% | Reduce -67.8% | 7,158 | $419K |
| Cwm, LLC | 0.00% | Add +11.9% | 7,144 | $418K |
| Atria Wealth Solutions, Inc. | 0.00% | Reduce -49.5% | 7,139 | $418K |
| RIA Advisory Group LLC | 0.14% | Reduce -2.8% | 7,122 | $417K |
| Code Waechter LLC | 0.36% | Add +7.8% | 7,102 | $416K |
| Private Advisor Group, LLC | 0.00% | Add +74.2% | 6,975 | $408K |
| Brevan Howard Capital Management LP | 0.01% | Add +41.5% | 6,919 | $405K |
| Inspire Investing, LLC | 0.04% | Add +1.8% | 6,860 | $401K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +22.7% | 6,831 | $400K |
| Moors & Cabot, Inc. | 0.02% | Reduce -4.2% | 6,779 | $397K |
| Captrust Financial Advisors | 0.00% | Add +14.2% | 6,742 | $395K |
| Assetmark, Inc. | 0.00% | Add +4.1% | 6,716 | $393K |
| Cibc World Markets Corp. | 0.00% | New | 6,557 | $384K |
| Townsquare Capital LLC | 0.00% | New | 6,226 | $364K |
| Pictet Asset Management Holding SA | 0.00% | Reduce -3.5% | 6,169 | $361K |
| Hilltop Holdings Inc. | 0.02% | Reduce -0.5% | 5,967 | $349K |
| Platform Technology Partners | 0.10% | Reduce -3.1% | 5,908 | $346K |
| Mission Wealth Management, LP | 0.01% | Add +0.9% | 5,805 | $340K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 5,801 | $339K |
| IFP Advisors, Inc | 0.01% | Reduce -1.0% | 5,775 | $338K |
| Virtu Financial LLC | 0.02% | New | 5,732 | $335K |
| Baird Financial Group, Inc. | 0.00% | Add +0.5% | 5,587 | $327K |
| Monarch Capital Management Inc. | 0.09% | Add +0.1% | 5,485 | $321K |
| First National Bank Sioux Falls | 0.14% | No change | 5,483 | $321K |
| Neuberger Berman Group LLC | 0.00% | Reduce -2.6% | 5,477 | $321K |
| Securian Asset Management, Inc. | 0.01% | No change | 5,384 | $315K |
| Vestcor Inc | 0.01% | Reduce -11.9% | 5,357 | $313K |
| Pinnacle West Asset Management, Inc. | 0.22% | No change | 5,265 | $308K |
| Farringdon Capital, Ltd. | 0.13% | — | 5,254 | $307K |
| Squarepoint Ops LLC | 0.00% | New | 5,174 | $303K |
| Ridgewood Investments LLC | 0.15% | Reduce -13.6% | 5,157 | $302K |
| Financial Advocates Investment Management | 0.02% | Add +0.0% | 4,830 | $283K |
| Chilton Capital Management LLC | 0.01% | Add +1372.0% | 4,828 | $283K |
| STRS Ohio | 0.00% | No change | 4,700 | $275K |
| Ruggaard & Associates LLC | 0.12% | Add +2.2% | 4,649 | $272K |
| Signaturefd, LLC | 0.01% | Add +3.6% | 4,479 | $262K |
| BancFirst Trust & Investment Management | 0.12% | Add +0.9% | 4,409 | $257K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 4,419 | $256K |
| Elevation Point Wealth Partners, LLC | 0.02% | Add +0.1% | 4,285 | $251K |
| Journey Strategic Wealth LLC | 0.01% | Reduce -14.8% | 4,195 | $246K |
| Avantax Advisory Services, Inc. | 0.00% | Reduce -1.0% | 3,893 | $228K |
| CIBC Private Wealth Group LLC | 0.00% | No change | 4,044 | $227K |
| Ballentine Partners, LLC | 0.00% | Add +0.1% | 3,869 | $226K |
| Two Sigma Securities, LLC | 0.04% | New | 3,799 | $222K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 3,792 | $222K |
| Quadrant Capital Group LLC | 0.01% | Reduce -1.8% | 3,710 | $217K |
| Dark Forest Capital Management LP | 0.03% | New | 3,709 | $217K |
| GW Henssler & Associates Ltd. | 0.01% | No change | 3,540 | $216K |
| United Capital Financial Advisors, LLC | 0.00% | Add +3.8% | 3,655 | $214K |
| Evergreen Capital Management LLC | 0.01% | Add +0.4% | 3,648 | $213K |
| SeaCrest Wealth Management, LLC | 0.02% | Add +0.3% | 3,621 | $212K |
| Covestor Ltd | 0.13% | Add +1033.3% | 3,604 | $211K |
| Engineers Gate Manager LP | 0.00% | Reduce -41.4% | 3,549 | $208K |
| EP Wealth Advisors, LLC | 0.00% | Add +5.9% | 3,528 | $206K |
| Clear Creek Financial Management, LLC | 0.02% | New | 3,430 | $201K |
| Shell Asset Management Co. | 0.01% | Reduce -0.3% | 3,167 | $185K |
| Crewe Advisors LLC | 0.02% | Add +49.0% | 3,082 | $180K |
| EverSource Wealth Advisors, LLC | 0.01% | Add +8.2% | 2,919 | $171K |
| KBC Group NV | 0.00% | Add +38.2% | 2,707 | $158K |
| Jones Financial Companies LLLP | 0.00% | Add +197.7% | 2,206 | $129K |
| PEAK6 LLC | 0.01% | — | 2,204 | $129K |
| Garde Capital, Inc. | 0.01% | No change | 2,000 | $117K |
| Allworth Financial LP | 0.00% | Reduce -0.7% | 1,967 | $113K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 1,826 | $107K |
| NewEdge Advisors, LLC | 0.00% | Add +108.0% | 1,826 | $107K |
| Russell Investments Group, Ltd. | 0.00% | Add +9.7% | 1,778 | $104K |
| Sunbelt Securities, Inc. | 0.01% | Add +179.4% | 1,696 | $99K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +191.5% | 1,682 | $98K |
| Public Employees Retirement System of Ohio | 0.00% | New | 1,632 | $96K |
| GPS Wealth Strategies Group, LLC | 0.01% | No change | 1,597 | $93K |
| Atala Financial Inc | 0.05% | — | 1,308 | $77K |
| Arax Advisory Partners | 0.00% | Add +0.1% | 1,299 | $76K |
| New Age Alpha Advisors, LLC | 0.00% | New | 1,218 | $71K |
| Harbour Investments, Inc. | 0.00% | No change | 1,175 | $69K |
| Smithfield Trust Co | 0.00% | No change | 1,175 | $68K |
| SRH Advisors, LLC | 0.02% | No change | 1,000 | $59K |
| Federation des caisses Desjardins du Quebec | 0.00% | New | 1,000 | $59K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 980 | $57K |
| Marshall Investment Management, LLC | 0.03% | — | 881 | $54K |
| Hilltop National Bank | 0.02% | Reduce -35.7% | 900 | $53K |
| Hexagon Capital Partners LLC | 0.01% | Add +11.0% | 840 | $49K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 800 | $47K |
| Quarry LP | 0.01% | Add +1159.7% | 781 | $46K |
| Clarity Asset Management, Inc. | 0.03% | Reduce -0.7% | 758 | $44K |
| Parallel Advisors, LLC | 0.00% | Add +1.6% | 757 | $44K |
| North Star Investment Management Corp. | 0.00% | No change | 750 | $44K |
| Truvestments Capital LLC | 0.01% | Add +13.9% | 711 | $42K |
| Fifth Third Bancorp | 0.00% | Add +5.2% | 705 | $41K |
| Riverview Trust Co | 0.04% | No change | 704 | $41K |
| Gen-Wealth Partners Inc | 0.02% | Reduce -16.5% | 687 | $40K |
| Geneos Wealth Management Inc. | 0.00% | Add +4.0% | 685 | $40K |
| UMB Bank, n.a. | 0.00% | Add +83.3% | 625 | $37K |
| Pathway Financial Advisers, LLC | 0.01% | Reduce -98.3% | 592 | $35K |
| Cyrus J. Lawrence, LLC | 0.01% | No change | 567 | $33K |
| Bessemer Group Inc. | 0.00% | Reduce -59.9% | 560 | $33K |
| International Assets Investment Management, LLC | 0.00% | No change | 30,020 | $32K |
| Global Retirement Partners, LLC | 0.00% | Add +373.2% | 530 | $31K |
| WealthCollab, LLC | 0.02% | No change | 525 | $31K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -23.9% | 522 | $31K |
| Hussman Strategic Advisors, Inc. | 0.01% | No change | 500 | $29K |
| Rise Advisors, LLC | 0.01% | Reduce -16.9% | 477 | $28K |
| Versant Capital Management, Inc | 0.01% | Add +181.6% | 473 | $28K |
| Blue Trust, Inc. | 0.00% | Reduce -18.4% | 471 | $28K |
| Sound Income Strategies, LLC | 0.00% | Reduce -58.6% | 469 | $27K |
| Larson Financial Group LLC | 0.00% | Add +182.8% | 461 | $27K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 456 | $26K |
| Smartleaf Asset Management LLC | 0.00% | Add +66.8% | 432 | $25K |
| Tompkins Financial Corp. | 0.00% | No change | 400 | $23K |
| CENTRAL TRUST Co | 0.00% | No change | 400 | $23K |
| Eastern Bank | 0.00% | No change | 400 | $23K |
| Canton Hathaway, LLC | 0.01% | No change | 400 | $23K |
| GAMMA Investing LLC | 0.00% | Add +27.5% | 380 | $22K |
| Wilmington Savings Fund Society, FSB | 0.00% | Reduce -0.8% | 353 | $21K |
| Salem Investment Counselors Inc. | 0.00% | New | 350 | $20K |
| Principal Securities, Inc. | 0.00% | Reduce -41.6% | 318 | $19K |
| Plante Moran Financial Advisors, LLC | 0.00% | No change | 300 | $18K |
| SBI Securities Co., Ltd. | 0.00% | — | 280 | $16K |
| LRI Investments, LLC | 0.00% | No change | 268 | $16K |
| Byrne Asset Management LLC | 0.01% | Reduce -3.9% | 250 | $15K |
| MAI Capital Management | 0.00% | New | 243 | $14K |
| Hopwood Financial Services, Inc. | 0.01% | — | 216 | $13K |
| Transce3nd, LLC | 0.00% | — | 190 | $11K |
| Hemington Wealth Management | 0.00% | Add +3.7% | 195 | $11K |
| Resources Management Corp. /CT/ | 0.00% | No change | 194 | $11K |
| Lindbrook Capital, LLC | 0.00% | No change | 181 | $11K |
| Iron Horse Wealth Management, LLC | 0.00% | Add +50.0% | 180 | $11K |
| GHP Investment Advisors, Inc. | 0.00% | No change | 159 | $9K |
| Cypress Capital Management LLC (WY) | 0.01% | No change | 150 | $9K |
| Colonial Trust Co / SC | 0.00% | New | 147 | $9K |
| Huntington National Bank | 0.00% | Add +6.5% | 147 | $9K |
| AlphaQuest LLC | 0.00% | Add +600.0% | 119 | $7K |
| Riggs Asset Managment Co. Inc. | 0.00% | No change | 106 | $6K |
| Rothschild Investment LLC | 0.00% | Add +31.3% | 105 | $6K |
| Centerpoint Advisors, LLC | 0.00% | No change | 105 | $6K |
| St. Johns Investment Management Company, LLC | 0.00% | No change | 100 | $6K |
| Financial Perspectives, Inc | 0.00% | No change | 100 | $6K |
| Richardson Financial Services Inc. | 0.00% | Reduce -29.3% | 99 | $6K |
| Private Wealth Management Group, LLC | 0.00% | No change | 97 | $6K |
| Raleigh Capital Management Inc. | 0.00% | No change | 77 | $5K |
| Brooklyn Investment Group | 0.00% | New | 61 | $4K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -14.7% | 58 | $3K |
| Concourse Financial Group Securities, Inc. | 0.00% | No change | 56 | $3K |
| Simplex Trading, LLC | 0.00% | Add +76.3% | 67 | $3K |
| WPG Advisers, LLC | 0.00% | — | 50 | $3K |
| PSI Advisors, LLC | 0.00% | Reduce -75.4% | 47 | $3K |
| Private Trust Co. NA | 0.00% | No change | 40 | $2K |
| NewSquare Capital LLC | 0.00% | New | 40 | $2K |
| Bell Investment Advisors, Inc | 0.00% | Reduce -29.1% | 39 | $2K |
| Cornerstone Planning Group LLC | 0.00% | Add +29.6% | 35 | $2K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 34 | $2K |
| Park Square Financial Group, LLC | 0.00% | — | 26 | $2K |
| Physician Wealth Advisors, Inc. | 0.00% | New | 19 | $1K |
| Avion Wealth | 0.00% | No change | 20 | $1K |
| Picton Mahoney Asset Management | 0.00% | No change | 19 | $1K |
| Continuum Advisory, LLC | 0.00% | No change | 15 | $878 |
| Horizon Investments, LLC | 0.00% | No change | 14 | $819 |
| Spire Wealth Management | 0.00% | No change | 13 | $761 |
| RE Dickinson Investment Advisors, LLC | 0.00% | No change | 12 | $700 |
| Caitlin John, LLC | 0.00% | No change | 11 | $670 |
| Sachetta, LLC | 0.00% | Reduce -56.5% | 10 | $586 |
| MV Capital Management, Inc. | 0.00% | No change | 9 | $527 |
| CVA Family Office, LLC | 0.00% | No change | 9 | $527 |
| SJS Investment Consulting Inc. | 0.00% | Reduce -10.0% | 9 | $527 |
| First Horizon Advisors, Inc. | 0.00% | Reduce -33.3% | 8 | $475 |
| DiNuzzo Private Wealth, Inc. | 0.00% | Add +50.0% | 6 | $352 |
| Financial Management Professionals, Inc. | 0.00% | No change | 6 | $351 |
| Lanark Financial, Inc. | 0.03% | — | 5 | $327 |
| WealthTrak Capital Management LLC | 0.00% | — | 5 | $293 |
| CoreCap Advisors, LLC | 0.00% | New | 5 | $293 |
| Global Financial Private Client, LLC | 0.00% | New | 3 | $176 |
| Leonteq Securities AG | 0.00% | Reduce -99.4% | 3 | $176 |
| Quent Capital, LLC | 0.00% | No change | 1 | $56 |
"% of holder's portfolio" is BKH's weight in each manager's 13F, not the share of Black Hills Corp. the manager owns.