Black HillsBKH
13F holders, Q1 2025 (March 31)413holders +13
54new positions
40sold out
6famous investors
$60.57avg. 13F price*
At the end of Q1 2025, 413 institutions reported holding Black Hills Corp. (BKH) in their 13F filings, up 13 from Q4 2024. 54 opened new positions and 40 sold out. The largest holders were BlackRock, Inc. ($685.8M), Vanguard Group Inc. ($523.7M) and State Street Corp. ($231.1M). 6 famous investors held it, including Mario Gabelli (0.1% of GAMCO Investors's portfolio), Cliff Asness (0.1% of AQR Capital Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Black Hills Corp.
- CUSIP
- 092113109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 54 | $64.9M |
| Exits | 40 | $29.1M |
All 13F filers, Q4 2024 → Q1 2025: 3,275,046 shares bought and 2,437,227 shares sold, net +837,819 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 413 holders
| BlackRock, Inc. | 0.01% | Reduce -1.7% | 11,308,124 | $685.8M |
| Vanguard Group Inc. | 0.01% | Add +0.4% | 8,634,076 | $523.7M |
| State Street Corp. | 0.01% | Reduce -1.1% | 3,810,522 | $231.1M |
| Macquarie Group Ltd. | 0.18% | Add +0.1% | 2,361,093 | $143.2M |
| Capital Research Global Investors | 0.02% | Add +1.0% | 1,863,193 | $113.0M |
| Geode Capital Management, LLC | 0.01% | Add +5.1% | 1,785,538 | $108.3M |
| Fuller & Thaler Asset Management, Inc. | 0.31% | Reduce -0.5% | 1,321,939 | $80.2M |
| Zimmer Partners, LP | 1.63% | Reduce -10.3% | 1,321,304 | $80.1M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +0.1% | 1,226,794 | $74.4M |
| Dimensional Fund Advisors LP | 0.02% | Add +4.3% | 1,081,926 | $65.6M |
| Northern Trust Corp. | 0.01% | Reduce -1.3% | 1,003,311 | $60.9M |
| First Trust Advisors LP | 0.05% | Reduce -1.8% | 936,038 | $56.8M |
| AQR Capital Management | 0.06% | Add +1.6% | 888,412 | $53.8M |
| Bank of New York Mellon Corp | 0.01% | Reduce -1.6% | 824,179 | $50.0M |
| Invesco Ltd. | 0.01% | Reduce -3.4% | 802,545 | $48.7M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -19.6% | 774,483 | $47.0M |
| Nuveen, LLC | 0.01% | — | 769,473 | $43.7M |
| ProShare Advisors LLC | 0.09% | Reduce -4.9% | 664,397 | $40.3M |
| Franklin Resources Inc. | 0.01% | Reduce -26.9% | 656,229 | $39.8M |
| Morgan Stanley | 0.00% | Reduce -3.6% | 652,688 | $39.6M |
| Victory Capital Management Inc. | 0.04% | Add +18.2% | 652,003 | $39.5M |
| Millennium Management | 0.04% | Add +25.1% | 579,797 | $35.2M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -2.4% | 579,487 | $35.1M |
| Bank of America Corp. | 0.00% | Add +11.1% | 564,141 | $34.2M |
| Qube Research & Technologies Ltd | 0.05% | Add +40.8% | 506,608 | $30.7M |
| Gabelli Funds LLC | 0.21% | Reduce -0.3% | 455,100 | $27.6M |
| Janus Henderson Group PLC | 0.01% | Add +5.4% | 435,719 | $26.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -23.7% | 420,612 | $25.5M |
| Hotchkis & Wiley Capital Management LLC | 0.08% | Reduce -1.0% | 416,715 | $25.3M |
| Old Republic International Corp. | 0.98% | Add +0.5% | 416,000 | $25.2M |
| UBS Group AG | 0.01% | Add +30.9% | 408,628 | $24.8M |
| Manufacturers Life Insurance Company, The | 0.02% | Add +0.0% | 400,553 | $24.3M |
| Duff & Phelps Investment Management Co. | 0.28% | No change | 389,700 | $23.6M |
| Legal & General Group Plc | 0.01% | Add +0.4% | 381,690 | $23.1M |
| California Public Employees Retirement System | 0.01% | Reduce -0.6% | 345,900 | $21.0M |
| Prudential Financial Inc. | 0.02% | Add +10.2% | 260,058 | $15.8M |
| Brandywine Global Investment Management, LLC | 0.11% | Add +5.5% | 257,940 | $15.6M |
| Cubist Systematic Strategies, LLC | 0.19% | Add +551.4% | 242,668 | $14.7M |
| Rhumbline Advisers | 0.01% | Reduce -0.6% | 238,996 | $14.5M |
| Voya Investment Management LLC | 0.02% | Add +38.9% | 236,099 | $14.3M |
| Glenmede Trust Co. NA | 0.07% | Reduce -3.0% | 223,525 | $13.6M |
| Hunter Perkins Capital Management, LLC | 3.10% | Reduce -2.6% | 219,218 | $13.3M |
| Bessemer Group Inc. | 0.02% | Add +38974.6% | 218,818 | $13.3M |
| Principal Financial Group Inc. | 0.01% | Add +1.9% | 215,402 | $13.1M |
| GAMCO Investors | 0.13% | Add +0.8% | 192,921 | $11.7M |
| HighTower Advisors, LLC | 0.02% | Add +29.6% | 188,485 | $11.4M |
| Thrivent Financial for Lutherans | 0.02% | Add +1.3% | 181,321 | $11.0M |
| Jane Street Group, LLC | 0.02% | New | 172,357 | $10.5M |
| Barclays PLC | 0.00% | Reduce -19.6% | 171,726 | $10.4M |
| Phocas Financial Corp. | 1.59% | Reduce -5.5% | 171,060 | $10.4M |
| Great Lakes Advisors, LLC | 0.09% | Reduce -6.5% | 167,512 | $10.2M |
| First Eagle Investment Management, LLC | 0.02% | Reduce -29.9% | 162,216 | $9.8M |
| Deutsche Bank AG | 0.00% | Reduce -12.6% | 157,625 | $9.6M |
| Leeward Investments, LLC - MA | 0.49% | Reduce -3.6% | 152,030 | $9.2M |
| Two Sigma Investments, LP | 0.02% | Add +592.4% | 151,551 | $9.2M |
| Raymond James Financial Inc. | 0.00% | Add +2.0% | 146,590 | $8.9M |
| Ameriprise Financial Inc. | 0.00% | Add +2.6% | 146,371 | $8.9M |
| Swiss National Bank | 0.01% | Add +1.0% | 138,679 | $8.4M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.05% | Add +3.2% | 136,971 | $8.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +5.8% | 134,673 | $8.2M |
| Alliancebernstein L.P. | 0.00% | Reduce -0.4% | 134,579 | $8.2M |
| Mutual of America Capital Management LLC | 0.09% | Add +3.0% | 133,955 | $8.1M |
| Wellington Management Group LLP | 0.00% | New | 131,169 | $8.0M |
| Crawford Investment Counsel Inc. | 0.14% | Add +1.0% | 130,539 | $7.9M |
| Mairs & Power Inc. | 0.08% | Reduce -11.0% | 124,950 | $7.6M |
| Corebridge Financial, Inc. | 0.04% | Reduce -1.3% | 113,848 | $6.9M |
| Arrowstreet Capital, Limited Partnership | 0.01% | New | 109,951 | $6.7M |
| Two Sigma Advisers, LP | 0.01% | Add +320.4% | 105,100 | $6.4M |
| Susquehanna International Group, LLP | 0.01% | Add +206.9% | 102,299 | $6.2M |
| Citigroup Inc. | 0.00% | Add +3.4% | 101,636 | $6.2M |
| Voloridge Investment Management, LLC | 0.02% | Add +372.6% | 100,988 | $6.1M |
| Keeley-Teton Advisors, LLC | 0.73% | Reduce -1.5% | 99,891 | $6.1M |
| Royal Bank of Canada | 0.00% | Reduce -3.5% | 99,666 | $6.0M |
| Susquehanna Fundamental Investments, LLC | 0.10% | Add +552.9% | 98,398 | $6.0M |
| Campbell & CO Investment Adviser LLC | 0.45% | New | 96,210 | $5.8M |
| Congress Asset Management Co. | 0.04% | Reduce -4.3% | 94,137 | $5.7M |
| Stifel Financial Corp. | 0.01% | Add +4.2% | 93,833 | $5.7M |
| Retirement Systems of Alabama | 0.02% | Add +0.2% | 87,167 | $5.3M |
| MetLife Investment Management, LLC | 0.03% | Reduce -0.8% | 80,287 | $4.9M |
| Burney Co./ | 0.17% | Reduce -0.6% | 78,049 | $4.7M |
| South Dakota Investment Council | 0.10% | Add +7.5% | 77,175 | $4.7M |
| Martingale Asset Management L P | 0.12% | Add +6.8% | 75,294 | $4.6M |
| Meritage Portfolio Management | 0.30% | Add +44.8% | 73,829 | $4.5M |
| New York State Teachers Retirement System | 0.01% | Reduce -16.0% | 73,390 | $4.5M |
| California State Teachers Retirement System | 0.01% | Add +7.9% | 70,404 | $4.3M |
| WCM Investment Management, LLC | 0.01% | Reduce -0.5% | 70,437 | $4.2M |
| Clark Capital Management Group, Inc. | 0.03% | Add +14.0% | 69,680 | $4.2M |
| Engineers Gate Manager LP | 0.07% | Add +1855.9% | 69,414 | $4.2M |
| Meeder Asset Management Inc. | 0.28% | New | 67,665 | $4.1M |
| Balyasny Asset Management L.P. | 0.01% | Add +24.4% | 67,266 | $4.1M |
| SG Americas Securities, LLC | 0.01% | Reduce -21.6% | 66,371 | $4.0M |
| Quantbot Technologies LP | 0.12% | New | 63,797 | $3.9M |
| Squarepoint Ops LLC | 0.01% | Add +1062.3% | 60,139 | $3.6M |
| T. Rowe Price Associates Inc. | 0.00% | Add +11.4% | 59,665 | $3.6M |
| Envestnet Asset Management Inc. | 0.00% | Add +9.4% | 59,163 | $3.6M |
| Renaissance Technologies | 0.01% | New | 58,800 | $3.6M |
| Alta Capital Management LLC/ | 0.22% | Add +9.7% | 55,715 | $3.4M |
| State of Wisconsin Investment Board | 0.01% | Reduce -2.2% | 55,579 | $3.4M |
| Kingsview Wealth Management, LLC | 0.06% | Reduce -6.1% | 55,296 | $3.4M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | New | 54,949 | $3.3M |
| Paradiem, LLC | 0.91% | Reduce -5.1% | 54,438 | $3.3M |
| Federated Hermes, Inc. | 0.01% | Reduce -11.9% | 54,386 | $3.3M |
| Financial Counselors Inc. | 0.05% | Add +0.3% | 54,175 | $3.3M |
| John G Ullman & Associates Inc. | 0.50% | Reduce -3.1% | 53,891 | $3.3M |
| Wells Fargo & Company | 0.00% | Reduce -19.4% | 52,548 | $3.2M |
| Ontario Teachers Pension Plan Board | 0.05% | Add +18.6% | 50,845 | $3.1M |
| Farmers & Merchants Investments Inc. | 0.10% | Reduce -11.7% | 50,024 | $3.0M |
| Inspire Advisors, LLC | 0.35% | Add +39.0% | 49,448 | $3.0M |
| Nisa Investment Advisors, LLC | 0.01% | Reduce -2.1% | 48,010 | $2.9M |
| Trexquant Investment LP | 0.03% | New | 47,858 | $2.9M |
| Waverly Advisors, LLC | 0.04% | Add +7.9% | 47,264 | $2.9M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Add +1.3% | 46,708 | $2.8M |
| Magellan Asset Management Ltd | 0.03% | Reduce -5.3% | 45,786 | $2.8M |
| New York State Common Retirement Fund | 0.00% | No change | 45,542 | $2.8M |
| State of Tennessee, Department of Treasury | 0.01% | No change | 45,289 | $2.7M |
| First Manhattan Co. Llc. | 0.01% | Reduce -1.9% | 45,132 | $2.7M |
| Marshall Wace, LLP | 0.00% | New | 45,059 | $2.7M |
| Hennessy Advisors Inc. | 0.09% | Reduce -4.7% | 44,947 | $2.7M |
| Lesa Sroufe & Co | 2.65% | — | 43,829 | $2.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.01% | Add +7.3% | 42,798 | $2.6M |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -8.9% | 42,387 | $2.6M |
| Riverwater Partners LLC | 1.29% | Add +0.0% | 41,586 | $2.5M |
| Ameritas Investment Partners, Inc. | 0.09% | Reduce -0.5% | 41,109 | $2.5M |
| Cerity Partners LLC | 0.01% | Add +6.1% | 40,241 | $2.4M |
| LPL Financial LLC | 0.00% | Add +22.1% | 39,802 | $2.4M |
| AMG National Trust Bank | 0.07% | Add +12.6% | 38,946 | $2.4M |
| Littlejohn Financial Services, Inc. | 1.74% | Add +3.7% | 36,400 | $2.2M |
| Segall Bryant & Hamill, LLC | 0.03% | Add +0.0% | 35,066 | $2.1M |
| Algert Global LLC | 0.05% | No change | 34,764 | $2.1M |
| Verition Fund Management LLC | 0.01% | Reduce -70.6% | 33,438 | $2.0M |
| Aventail Capital Group, LP | 0.10% | Add +1.1% | 33,225 | $2.0M |
| Intech Investment Management LLC | 0.02% | Add +21.5% | 33,120 | $2.0M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -3.3% | 32,355 | $2.0M |
| Citadel Advisors | 0.00% | Add +252.3% | 32,022 | $1.9M |
| Amalgamated Bank | 0.02% | Reduce -2.3% | 31,957 | $1.9M |
| Comerica Bank | 0.01% | Reduce -3.2% | 31,689 | $1.9M |
| Tudor Investment Corporation | 0.02% | Reduce -75.1% | 30,286 | $1.8M |
| DC Investments Management, LLC | 0.93% | Reduce -4.3% | 29,900 | $1.8M |
| Martin Capital Partners, LLC | 2.17% | Reduce -6.6% | 29,865 | $1.8M |
| Avantax Planning Partners, Inc. | 0.06% | Reduce -11.3% | 29,108 | $1.8M |
| Mariner, LLC | 0.00% | Add +2.0% | 28,953 | $1.8M |
| Bollard Group LLC | 0.04% | Add +1.3% | 25,439 | $1.5M |
| Advisors Asset Management, Inc. | 0.03% | Add +5.1% | 25,365 | $1.5M |
| FMR LLC | 0.00% | Reduce -34.8% | 25,212 | $1.5M |
| Creative Planning | 0.00% | Reduce -1.9% | 24,925 | $1.5M |
| Sei Investments Co. | 0.00% | Add +10.9% | 24,728 | $1.5M |
| Convergence Investment Partners, LLC | 0.41% | Add +1.5% | 24,421 | $1.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | New | 24,045 | $1.5M |
| Yousif Capital Management, LLC | 0.02% | Reduce -2.4% | 23,727 | $1.4M |
| Mackenzie Financial Corp. | 0.00% | Reduce -74.3% | 23,259 | $1.4M |
| Van Eck Associates Corp. | 0.00% | Add +7.3% | 22,393 | $1.4M |
| HSBC Holdings PLC | 0.00% | Reduce -78.7% | 22,225 | $1.3M |
| Harbor Capital Advisors, Inc. | 0.06% | Add +36.3% | 22,021 | $1.3M |
| AdvisorNet Financial, Inc | 0.10% | Add +1.1% | 21,749 | $1.3M |
| Teachers Retirement System of the State of Kentucky | 0.01% | No change | 21,298 | $1.3M |
| Schonfeld Strategic Advisors LLC | 0.01% | New | 21,271 | $1.3M |
| Natixis Advisors, LLC | 0.00% | Add +3.9% | 20,926 | $1.3M |
| Arizona State Retirement System | 0.01% | Add +1.4% | 20,530 | $1.2M |
| Lazard Asset Management LLC | 0.00% | Add +26.3% | 20,560 | $1.2M |
| Allianz Asset Management GmbH | 0.00% | Reduce -9.2% | 20,490 | $1.2M |
| Bank of Montreal | 0.00% | Add +1.5% | 20,419 | $1.2M |
| Louisiana State Employees Retirement System | 0.02% | Add +1.0% | 20,100 | $1.2M |
| Cetera Investment Advisers | 0.00% | Reduce -2.6% | 19,969 | $1.2M |
| Guggenheim Capital LLC | 0.01% | Add +8.4% | 19,669 | $1.2M |
| Dynamic Technology Lab Private Ltd | 0.17% | Add +11.6% | 19,590 | $1.2M |
| First PREMIER Bank | 0.30% | Reduce -5.0% | 19,560 | $1.2M |
| American Century Companies Inc. | 0.00% | Reduce -9.1% | 19,504 | $1.2M |
| Russell Investments Group, Ltd. | 0.00% | Add +980.1% | 19,204 | $1.2M |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -11.6% | 18,838 | $1.1M |
| State Board of Administration of Florida Retirement System | 0.00% | Add +13.5% | 18,834 | $1.1M |
| Summit Global Investments | 0.08% | Add +61.8% | 18,682 | $1.1M |
| Vanguard Personalized Indexing Management, LLC | 0.02% | Reduce -5.7% | 18,431 | $1.1M |
| Alps Advisors Inc. | 0.01% | Add +7.9% | 18,388 | $1.1M |
| Cozad Asset Management Inc. | 0.11% | No change | 18,199 | $1.1M |
| BNP Paribas Financial Markets | 0.00% | Reduce -5.1% | 18,029 | $1.1M |
| Kennedy Capital Management LLC | 0.03% | Reduce -87.0% | 17,448 | $1.1M |
| State of Michigan Retirement System | 0.01% | Add +1.2% | 17,100 | $1.0M |
| XTX Topco Ltd | 0.05% | New | 16,144 | $979K |
| Pathstone Holdings, LLC | 0.00% | Reduce -3.4% | 16,009 | $971K |
| Sabal Trust CO | 0.05% | No change | 16,000 | $970K |
| Cibc World Markets Corp. | 0.01% | Add +143.3% | 15,955 | $968K |
| Northwestern Mutual Investment Management Company, LLC | 0.02% | Add +0.1% | 15,924 | $966K |
| Quadrant Capital Group LLC | 0.04% | Add +326.8% | 15,834 | $960K |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Add +6.3% | 15,527 | $942K |
| Commonwealth Equity Services, LLC | 0.00% | Add +0.8% | 15,449 | $937K |
| D.A. Davidson & Co. | 0.01% | Add +16.8% | 15,308 | $928K |
| Creative Financial Designs Inc. | 0.07% | Reduce -0.3% | 15,276 | $926K |
| Icon Advisers Inc. | 0.22% | No change | 15,200 | $922K |
| Cornerstone Wealth Management, LLC | 0.06% | Reduce -6.7% | 15,153 | $919K |
| Y-Intercept (Hong Kong) Ltd | 0.06% | Add +107.4% | 14,846 | $900K |
| Oregon Public Employees Retirement Fund | 0.02% | Add +0.7% | 14,622 | $887K |
| PNC Financial Services Group, Inc. | 0.00% | Add +9.1% | 14,592 | $885K |
| Smith, Moore & Co. | 0.08% | Reduce -1.4% | 13,832 | $839K |
| KBC Group NV | 0.00% | Add +400.0% | 13,534 | $821K |
| Fox Run Management, L.L.C. | 0.13% | Add +10.1% | 13,431 | $815K |
| Exchange Traded Concepts, LLC | 0.01% | New | 13,318 | $808K |
| New Mexico Educational Retirement Board | 0.03% | No change | 13,306 | $807K |
| Ieq Capital, LLC | 0.01% | Add +20.6% | 13,263 | $804K |
| Legacy Financial Advisors, Inc. | 0.13% | Reduce -2.1% | 13,091 | $794K |
| Miller Howard Investments Inc. | 0.02% | Add +8.8% | 12,845 | $779K |
| Huber Capital Management LLC | 0.15% | No change | 12,698 | $770K |
| Hantz Financial Services, Inc. | 0.01% | Reduce -48.1% | 12,088 | $733K |
| O'shaughnessy Asset Management, LLC | 0.01% | Add +3.7% | 12,040 | $730K |
| Kestra Investment Management, LLC | 0.01% | Reduce -10.5% | 11,988 | $727K |
| US Bancorp \de | 0.00% | Reduce -0.4% | 11,886 | $721K |
| Choreo, LLC | 0.01% | Add +0.7% | 11,706 | $710K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Reduce -13.2% | 11,421 | $693K |
| Roehl & Yi Investment Advisors, LLC | 0.36% | Add +0.7% | 11,088 | $672K |
| Aigen Investment Management, LP | 0.11% | Add +42.7% | 11,086 | $672K |
| Uncommon Cents Investing LLC | 0.20% | Add +4.7% | 11,055 | $670K |
| Boston Partners | 0.00% | New | 11,013 | $668K |
| CSS LLC | 0.13% | No change | 10,808 | $656K |
| Meeder Advisory Services, Inc. | 0.04% | Reduce -12.2% | 10,731 | $651K |
| CWA Asset Management Group, LLC | 0.03% | Add +18.0% | 10,717 | $650K |
| Henshaw Capital LLC | 0.03% | No change | 10,641 | $645K |
| Elo Mutual Pension Insurance Co | 0.01% | New | 10,624 | $644K |
| Teacher Retirement System of Texas | 0.00% | Reduce -21.9% | 10,447 | $634K |
| Xponance LLC | 0.01% | Add +1.9% | 10,218 | $620K |
| Bailard, Inc. | 0.02% | Reduce -13.8% | 10,000 | $607K |
| Atria Investments, Inc | 0.01% | Add +14.6% | 9,633 | $584K |
| HRT Financial LP | 0.00% | New | 9,443 | $572K |
| Lido Advisors, LLC | 0.00% | Reduce -4.5% | 9,110 | $553K |
| Entropy Technologies, LP | 0.05% | New | 8,937 | $542K |
| Navellier & Associates Inc. | 0.07% | Reduce -12.6% | 8,833 | $539K |
| Osaic Holdings, Inc. | 0.00% | Add +2.7% | 8,846 | $537K |
| Eisler Capital Management Ltd. | 0.02% | New | 8,759 | $532K |
| Eagle Harbor Asset Management Inc. | 0.52% | Reduce -2.0% | 8,456 | $513K |
| Man Group plc | 0.00% | New | 8,439 | $512K |
| Barnett & Company, Inc. | 0.43% | Add +12.0% | 8,400 | $509K |
| State of Alaska, Department of Revenue | 0.01% | Add +2.8% | 8,387 | $508K |
| Intrua Financial, LLC | 0.08% | Add +4.1% | 8,353 | $507K |
| Jump Financial, LLC | 0.01% | New | 8,291 | $503K |
| Daiwa Securities Group Inc. | 0.00% | Add +6.4% | 8,045 | $488K |
| Burke & Herbert Bank & Trust Co. | 0.12% | No change | 8,000 | $485K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +15.9% | 7,918 | $480K |
| Jupiter Asset Management Ltd. | 0.00% | New | 7,558 | $458K |
| Versor Investments LP | 0.07% | New | 7,402 | $449K |
| Pacer Advisors, Inc. | 0.00% | Reduce -29.0% | 7,270 | $441K |
| Captrust Financial Advisors | 0.00% | Add +4.6% | 7,053 | $428K |
| EP Wealth Advisors, LLC | 0.00% | Add +99.8% | 7,050 | $428K |
| Neuberger Berman Group LLC | 0.00% | Add +27.8% | 6,997 | $424K |
| Townsquare Capital LLC | 0.00% | Add +12.1% | 6,978 | $423K |
| Private Advisor Group, LLC | 0.00% | Reduce -0.6% | 6,931 | $420K |
| Assetmark, Inc. | 0.00% | Add +3.0% | 6,916 | $419K |
| RIA Advisory Group LLC | 0.14% | Reduce -2.9% | 6,915 | $419K |
| Arkadios Wealth Advisors | 0.02% | New | 6,836 | $415K |
| Quantinno Capital Management LP | 0.00% | Reduce -7.0% | 6,834 | $415K |
| Pictet Asset Management Holding SA | 0.00% | Add +10.1% | 6,789 | $412K |
| Moors & Cabot, Inc. | 0.02% | Reduce -4.4% | 6,479 | $393K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -16.2% | 6,153 | $373K |
| Lanark Financial, Inc. | 0.03% | — | 5,959 | $361K |
| Cwm, LLC | 0.00% | Reduce -17.9% | 5,863 | $356K |
| Mission Wealth Management, LP | 0.01% | Add +1.0% | 5,864 | $356K |
| MQS Management LLC | 0.20% | New | 5,858 | $355K |
| Inspire Investing, LLC | 0.04% | Reduce -14.9% | 5,835 | $354K |
| IFP Advisors, Inc | 0.01% | Add +1.0% | 5,833 | $354K |
| Atria Wealth Solutions, Inc. | 0.00% | Reduce -18.5% | 5,821 | $353K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 5,801 | $352K |
| STRS Ohio | 0.00% | Add +23.4% | 5,800 | $352K |
| EntryPoint Capital, LLC | 0.16% | New | 5,600 | $340K |
| Hilltop Holdings Inc. | 0.02% | Reduce -7.9% | 5,493 | $333K |
| Baird Financial Group, Inc. | 0.00% | Reduce -1.7% | 5,491 | $333K |
| Monarch Capital Management Inc. | 0.09% | No change | 5,485 | $333K |
| First National Bank Sioux Falls | 0.13% | No change | 5,483 | $333K |
| Securian Asset Management, Inc. | 0.01% | No change | 5,384 | $327K |
| Pinnacle West Asset Management, Inc. | 0.23% | Add +0.5% | 5,290 | $321K |
| Avantax Advisory Services, Inc. | 0.00% | Add +31.9% | 5,135 | $311K |
| 111 Capital | 0.06% | New | 5,096 | $309K |
| IFM Investors Pty Ltd | 0.00% | Reduce -45.2% | 5,082 | $308K |
| Vestcor Inc | 0.01% | Reduce -5.2% | 5,079 | $308K |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.00% | — | 5,000 | $303K |
| AlphaQuest LLC | 0.03% | Add +4095.0% | 4,992 | $303K |
| Platform Technology Partners | 0.09% | Reduce -16.3% | 4,945 | $300K |
| Elevation Point Wealth Partners, LLC | 0.03% | Add +13.3% | 4,853 | $294K |
| Clear Creek Financial Management, LLC | 0.03% | Add +37.9% | 4,730 | $287K |
| Polymer Capital Management (US) LLC | 0.09% | New | 4,725 | $287K |
| Centiva Capital, LP | 0.02% | New | 4,690 | $284K |
| Lindbrook Capital, LLC | 0.03% | Add +2477.3% | 4,665 | $283K |
| Ruggaard & Associates LLC | 0.12% | No change | 4,649 | $282K |
| PharVision Advisers, LLC | 0.39% | New | 4,647 | $282K |
| Signaturefd, LLC | 0.01% | Add +1.9% | 4,562 | $277K |
| Oxford Asset Management LLP | 0.13% | New | 4,508 | $273K |
| Ridgewood Investments LLC | 0.13% | Reduce -13.6% | 4,457 | $270K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -47.3% | 4,399 | $267K |
| Journey Strategic Wealth LLC | 0.01% | Add +4.1% | 4,367 | $265K |
| United Services Automobile Association | 0.01% | New | 4,256 | $255K |
| Covestor Ltd | 0.17% | Add +15.0% | 4,144 | $251K |
| Ballentine Partners, LLC | 0.00% | Add +2.3% | 3,957 | $240K |
| Chilton Capital Management LLC | 0.01% | Reduce -20.4% | 3,843 | $233K |
| CIBC Private Wealth Group LLC | 0.00% | Add +0.6% | 4,067 | $231K |
| Jefferies Financial Group Inc. | 0.00% | New | 3,778 | $229K |
| Crossmark Global Holdings, Inc. | 0.00% | Reduce -1.4% | 3,740 | $227K |
| SeaCrest Wealth Management, LLC | 0.02% | Add +0.4% | 3,634 | $220K |
| Evergreen Capital Management LLC | 0.01% | Reduce -2.8% | 3,547 | $215K |
| GW Henssler & Associates Ltd. | 0.01% | Reduce -2.0% | 3,470 | $210K |
| NewEdge Advisors, LLC | 0.00% | Add +83.2% | 3,345 | $203K |
| Mercer Global Advisors Inc. | 0.00% | New | 3,338 | $202K |
| Financial Advocates Investment Management | 0.01% | Reduce -31.0% | 3,333 | $202K |
| Focus Partners Advisor Solutions, LLC | 0.00% | New | 3,315 | $201K |
| United Capital Financial Advisors, LLC | 0.00% | Reduce -9.4% | 3,313 | $201K |
| J.W. Cole Advisors, Inc. | 0.01% | New | 3,305 | $200K |
| Crewe Advisors LLC | 0.03% | Add +0.5% | 3,097 | $188K |
| Shell Asset Management Co. | 0.01% | Reduce -4.2% | 3,035 | $184K |
| EverSource Wealth Advisors, LLC | 0.01% | Reduce -1.3% | 2,880 | $175K |
| Jones Financial Companies LLLP | 0.00% | Reduce -2.9% | 2,143 | $129K |
| Huntington National Bank | 0.00% | Add +1295.2% | 2,051 | $124K |
| Garde Capital, Inc. | 0.01% | No change | 2,000 | $121K |
| Allworth Financial LP | 0.00% | Reduce -1.3% | 1,942 | $118K |
| CoreCap Advisors, LLC | 0.00% | Add +36440.0% | 1,827 | $111K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 1,826 | $111K |
| Public Employees Retirement System of Ohio | 0.00% | Add +2.5% | 1,673 | $101K |
| Farther Finance Advisors, LLC | 0.00% | Add +215.5% | 1,647 | $100K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -2.0% | 1,649 | $100K |
| GPS Wealth Strategies Group, LLC | 0.01% | No change | 1,597 | $97K |
| Quarry LP | 0.02% | Add +93.6% | 1,512 | $92K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.02% | New | 1,505 | $91K |
| Sunbelt Securities, Inc. | 0.01% | Reduce -14.2% | 1,455 | $88K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Reduce -81.6% | 1,328 | $81K |
| Atala Financial Inc | 0.06% | No change | 1,308 | $79K |
| Sterling Capital Management LLC | 0.00% | Reduce -90.7% | 1,241 | $75K |
| Harbour Investments, Inc. | 0.00% | No change | 1,175 | $71K |
| Smithfield Trust Co | 0.00% | No change | 1,175 | $71K |
| Coldstream Capital Management Inc. | 0.00% | New | 1,076 | $65K |
| City State Bank | 0.02% | New | 1,000 | $61K |
| SRH Advisors, LLC | 0.02% | No change | 1,000 | $61K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 1,000 | $61K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 980 | $59K |
| Hexagon Capital Partners LLC | 0.01% | Add +15.7% | 972 | $59K |
| State of Wyoming | 0.01% | New | 969 | $59K |
| Parallel Advisors, LLC | 0.00% | Add +22.2% | 925 | $56K |
| Aster Capital Management (DIFC) Ltd | 0.01% | Reduce -91.7% | 916 | $56K |
| Optiver Holding B.V. | 0.00% | New | 904 | $55K |
| Marshall Investment Management, LLC | 0.03% | Add +2.3% | 901 | $55K |
| International Assets Investment Management, LLC | 0.00% | Add +1.1% | 30,354 | $53K |
| Fifth Third Bancorp | 0.00% | Add +16.9% | 824 | $50K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 800 | $49K |
| UMB Bank, n.a. | 0.00% | Add +22.4% | 765 | $46K |
| North Star Investment Management Corp. | 0.00% | No change | 750 | $45K |
| Geneos Wealth Management Inc. | 0.00% | Add +5.1% | 720 | $44K |
| Riverview Trust Co | 0.04% | No change | 704 | $43K |
| Blue Trust, Inc. | 0.00% | Add +35.9% | 640 | $39K |
| Gen-Wealth Partners Inc | 0.02% | Reduce -7.7% | 634 | $38K |
| GAMMA Investing LLC | 0.00% | Add +59.2% | 605 | $37K |
| WealthCollab, LLC | 0.02% | No change | 525 | $32K |
| Clarity Asset Management, Inc. | 0.02% | Reduce -30.7% | 525 | $32K |
| Hussman Strategic Advisors, Inc. | 0.01% | No change | 500 | $30K |
| IMA Advisory Services, Inc. | 0.00% | New | 500 | $30K |
| Clearstead Trust, LLC | 0.01% | New | 499 | $30K |
| Larson Financial Group LLC | 0.00% | Add +8.0% | 498 | $30K |
| Smartleaf Asset Management LLC | 0.00% | Add +13.7% | 491 | $29K |
| Versant Capital Management, Inc | 0.00% | Add +2.3% | 484 | $29K |
| Sound Income Strategies, LLC | 0.00% | No change | 469 | $28K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 456 | $28K |
| Tompkins Financial Corp. | 0.00% | No change | 400 | $24K |
| CENTRAL TRUST Co | 0.00% | No change | 400 | $24K |
| Eastern Bank | 0.00% | No change | 400 | $24K |
| Canton Hathaway, LLC | 0.00% | No change | 400 | $24K |
| Wilmington Savings Fund Society, FSB | 0.00% | Add +1.4% | 358 | $22K |
| Salem Investment Counselors Inc. | 0.00% | No change | 350 | $21K |
| Private Trust Co. NA | 0.00% | Add +750.0% | 340 | $21K |
| Truvestments Capital LLC | 0.00% | Reduce -52.9% | 335 | $20K |
| Point72 Hong Kong Ltd | 0.00% | New | 331 | $20K |
| Principal Securities, Inc. | 0.00% | No change | 318 | $19K |
| Arax Advisory Partners | 0.00% | Reduce -79.1% | 272 | $17K |
| Rise Advisors, LLC | 0.01% | Reduce -43.4% | 270 | $16K |
| LRI Investments, LLC | 0.00% | No change | 268 | $16K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -7.1% | 260 | $16K |
| MAI Capital Management | 0.00% | No change | 243 | $15K |
| Hopwood Financial Services, Inc. | 0.01% | No change | 216 | $13K |
| Hemington Wealth Management | 0.00% | Reduce -6.7% | 182 | $11K |
| GHP Investment Advisors, Inc. | 0.00% | No change | 159 | $10K |
| Cypress Capital Management LLC (WY) | 0.01% | No change | 150 | $9K |
| Brooklyn Investment Group | 0.00% | Add +134.4% | 143 | $9K |
| Rothschild Investment LLC | 0.00% | Add +23.8% | 130 | $8K |
| Iron Horse Wealth Management, LLC | 0.00% | Reduce -33.3% | 120 | $7K |
| Riggs Asset Managment Co. Inc. | 0.00% | No change | 106 | $6K |
| St. Johns Investment Management Company, LLC | 0.00% | No change | 100 | $6K |
| Financial Perspectives, Inc | 0.00% | No change | 100 | $6K |
| Caitong International Asset Management Co., Ltd | 0.00% | New | 99 | $6K |
| Richardson Financial Services Inc. | 0.00% | Reduce -1.0% | 98 | $6K |
| Private Wealth Management Group, LLC | 0.00% | No change | 97 | $6K |
| SVB Wealth LLC | 0.00% | New | 79 | $5K |
| Clearstead Advisors, LLC | 0.00% | New | 69 | $4K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 58 | $4K |
| PSI Advisors, LLC | 0.00% | No change | 47 | $3K |
| JFS Wealth Advisors, LLC | 0.00% | Add +26.5% | 43 | $3K |
| Parkside Financial Bank & Trust | 0.00% | New | 40 | $2K |
| Bell Investment Advisors, Inc | 0.00% | No change | 39 | $2K |
| WPG Advisers, LLC | 0.00% | Reduce -24.0% | 38 | $2K |
| Cornerstone Planning Group LLC | 0.00% | No change | 35 | $2K |
| Cherry Tree Wealth Management, LLC | 0.00% | New | 33 | $2K |
| Stephens Consulting, LLC | 0.00% | New | 25 | $2K |
| Physician Wealth Advisors, Inc. | 0.00% | No change | 19 | $1K |
| Avion Wealth | 0.00% | No change | 20 | $1K |
| Picton Mahoney Asset Management | 0.00% | No change | 19 | $1K |
| Horizon Investments, LLC | 0.00% | No change | 14 | $849 |
| Spire Wealth Management | 0.00% | No change | 13 | $788 |
| Sachetta, LLC | 0.00% | No change | 10 | $607 |
| SJS Investment Consulting Inc. | 0.00% | Add +11.1% | 10 | $607 |
| SouthState Bank Corp | 0.00% | New | 10 | $607 |
| Global Financial Private Client, LLC | 0.00% | Add +200.0% | 9 | $546 |
| MV Capital Management, Inc. | 0.00% | No change | 9 | $546 |
| CVA Family Office, LLC | 0.00% | No change | 9 | $546 |
| DiNuzzo Private Wealth, Inc. | 0.00% | Add +50.0% | 9 | $546 |
| First Horizon Advisors, Inc. | 0.00% | No change | 8 | $498 |
| Financial Management Professionals, Inc. | 0.00% | No change | 6 | $364 |
| Headlands Technologies LLC | 0.00% | New | 6 | $364 |
| WealthTrak Capital Management LLC | 0.00% | No change | 5 | $304 |
| Leonteq Securities AG | 0.00% | No change | 3 | $182 |
| True Wealth Design, LLC | 0.00% | New | 1 | $61 |
| HFM Investment Advisors, LLC | 0.00% | — | 1 | $61 |
| Bay Harbor Wealth Management, LLC | 0.00% | New | 1 | $60 |
| Quent Capital, LLC | 0.00% | No change | 1 | $58 |
"% of holder's portfolio" is BKH's weight in each manager's 13F, not the share of Black Hills Corp. the manager owns.