Black HillsBKH
13F holders, Q3 2025 (September 30)432holders +19
60new positions
39sold out
7famous investors
$61.58avg. 13F price*
At the end of Q3 2025, 432 institutions reported holding Black Hills Corp. (BKH) in their 13F filings, up 19 from Q2 2025. 60 opened new positions and 39 sold out. The largest holders were BlackRock, Inc. ($698.2M), Vanguard Group Inc. ($553.7M) and State Street Corp. ($236.3M). 7 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 Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Black Hills Corp.
- CUSIP
- 092113109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 60 | $141.2M |
| Exits | 39 | $76.3M |
All 13F filers, Q2 2025 → Q3 2025: 9,588,433 shares bought and 5,307,626 shares sold, net +4,280,807 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 432 holders
| BlackRock, Inc. | 0.01% | Add +0.1% | 11,336,083 | $698.2M |
| Vanguard Group Inc. | 0.01% | Add +2.6% | 8,990,841 | $553.7M |
| State Street Corp. | 0.01% | Reduce -0.1% | 3,837,014 | $236.3M |
| Macquarie Group Ltd. | 0.16% | Reduce -7.2% | 2,224,795 | $137.0M |
| Geode Capital Management, LLC | 0.01% | Add +0.9% | 1,839,307 | $113.3M |
| Capital Research Global Investors | 0.02% | No change | 1,641,122 | $101.1M |
| AQR Capital Management | 0.05% | Add +52.8% | 1,374,050 | $84.6M |
| Fuller & Thaler Asset Management, Inc. | 0.28% | Reduce -0.2% | 1,325,970 | $81.7M |
| Nuveen, LLC | 0.02% | Add +23.8% | 1,269,990 | $78.2M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -0.4% | 1,200,635 | $73.9M |
| Cohen & Steers, Inc. | 0.13% | New | 1,176,624 | $72.5M |
| Zimmer Partners, LP | 1.66% | Add +2100.0% | 1,100,020 | $67.8M |
| Dimensional Fund Advisors LP | 0.01% | Add +2.0% | 1,099,293 | $67.7M |
| Northern Trust Corp. | 0.01% | Reduce -0.6% | 957,493 | $59.0M |
| Goldman Sachs Group Inc. | 0.01% | Add +58.0% | 937,390 | $57.7M |
| Jane Street Group, LLC | 0.07% | Add +806.4% | 925,749 | $57.0M |
| First Trust Advisors LP | 0.04% | Reduce -2.5% | 870,973 | $53.6M |
| Bank of New York Mellon Corp | 0.01% | Reduce -1.6% | 853,836 | $52.6M |
| Invesco Ltd. | 0.01% | Add +4.4% | 818,348 | $50.4M |
| ProShare Advisors LLC | 0.09% | Add +10.8% | 736,014 | $45.3M |
| Victory Capital Management Inc. | 0.03% | Add +2.8% | 727,443 | $44.8M |
| Balyasny Asset Management L.P. | 0.09% | Add +10853.0% | 664,080 | $40.9M |
| Morgan Stanley | 0.00% | Reduce -2.9% | 618,653 | $38.1M |
| JPMorgan Chase & Co. | 0.00% | Add +67.8% | 618,131 | $38.1M |
| Franklin Resources Inc. | 0.01% | Reduce -43.6% | 589,261 | $35.6M |
| Adage Capital Partners Gp, L.L.C. | 0.06% | Add +475.0% | 575,000 | $35.4M |
| Citadel Advisors | 0.03% | Add +379.1% | 539,801 | $33.2M |
| Gabelli Funds LLC | 0.23% | Add +0.1% | 538,245 | $33.2M |
| Bank of America Corp. | 0.00% | Add +3.7% | 530,706 | $32.7M |
| Two Sigma Investments, LP | 0.05% | Add +220.7% | 525,653 | $32.4M |
| Janus Henderson Group PLC | 0.01% | Reduce -0.8% | 453,399 | $27.9M |
| Crawford Investment Counsel Inc. | 0.46% | Add +264.8% | 447,651 | $27.6M |
| Old Republic International Corp. | 0.95% | No change | 416,000 | $25.6M |
| Hotchkis & Wiley Capital Management LLC | 0.08% | Add +4.1% | 404,131 | $24.9M |
| Manufacturers Life Insurance Company, The | 0.02% | Reduce -1.1% | 394,453 | $24.3M |
| Duff & Phelps Investment Management Co. | 0.27% | No change | 389,700 | $24.0M |
| Legal & General Group Plc | 0.01% | Reduce -4.5% | 376,155 | $23.2M |
| Invenomic Capital Management LP | 1.03% | New | 318,356 | $19.6M |
| UBS Group AG | 0.00% | Add +13.5% | 306,763 | $18.9M |
| Voya Investment Management LLC | 0.02% | Reduce -1.6% | 269,971 | $16.6M |
| California Public Employees Retirement System | 0.01% | Reduce -14.0% | 254,446 | $15.7M |
| Rhumbline Advisers | 0.01% | Reduce -1.4% | 241,567 | $14.9M |
| Brandywine Global Investment Management, LLC | 0.10% | Reduce -3.5% | 239,517 | $14.8M |
| Paradiem, LLC | 3.37% | Add +858.5% | 234,833 | $14.5M |
| Renaissance Technologies | 0.02% | Add +35.1% | 232,500 | $14.3M |
| Glenmede Investment Management, LP | 0.06% | Reduce -3.8% | 208,954 | $12.9M |
| GAMCO Investors | 0.12% | Reduce -0.3% | 207,428 | $12.8M |
| Prudential Financial Inc. | 0.01% | Reduce -48.6% | 188,909 | $11.6M |
| HighTower Advisors, LLC | 0.01% | Add +8.2% | 187,539 | $11.6M |
| Phocas Financial Corp. | 1.39% | Add +2.1% | 174,660 | $10.8M |
| Barclays PLC | 0.00% | Reduce -13.7% | 166,377 | $10.2M |
| Principal Financial Group Inc. | 0.01% | Reduce -25.0% | 164,194 | $10.1M |
| Hunter Perkins Capital Management, LLC | 2.09% | Reduce -21.2% | 152,539 | $9.4M |
| Freestone Grove Partners LP | 0.07% | New | 148,412 | $9.1M |
| FMR LLC | 0.00% | Add +0.5% | 148,327 | $9.1M |
| Squarepoint Ops LLC | 0.02% | Add +340.4% | 146,375 | $9.0M |
| Leeward Investments, LLC - MA | 0.45% | Reduce -2.2% | 142,359 | $8.8M |
| Swiss National Bank | 0.01% | Add +2.1% | 140,579 | $8.7M |
| Alliancebernstein L.P. | 0.00% | Reduce -4.6% | 138,460 | $8.5M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.04% | Reduce -1.7% | 137,130 | $8.4M |
| Mutual of America Capital Management LLC | 0.09% | Reduce -4.9% | 131,205 | $8.1M |
| D. E. Shaw & Co. | 0.01% | New | 125,771 | $7.7M |
| Martin Capital Partners, LLC | 2.97% | Add +17.4% | 124,490 | $7.7M |
| First Eagle Investment Management, LLC | 0.01% | Reduce -13.2% | 123,670 | $7.6M |
| Ameriprise Financial Inc. | 0.00% | Reduce -11.7% | 122,378 | $7.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -40.9% | 121,644 | $7.5M |
| Algert Global LLC | 0.12% | Add +246.9% | 120,604 | $7.4M |
| Millennium Management | 0.01% | Reduce -79.4% | 118,750 | $7.3M |
| Verition Fund Management LLC | 0.04% | Add +148.7% | 117,603 | $7.2M |
| Two Sigma Advisers, LP | 0.01% | Add +0.3% | 116,498 | $7.2M |
| Thrivent Financial for Lutherans | 0.01% | Reduce -18.2% | 113,497 | $7.0M |
| Russell Investments Group, Ltd. | 0.01% | Add +88.8% | 110,911 | $6.8M |
| Stifel Financial Corp. | 0.01% | Add +8.3% | 107,807 | $6.6M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.02% | Add +30.8% | 101,264 | $6.2M |
| Dark Forest Capital Management LP | 0.23% | Reduce -5.9% | 100,003 | $6.2M |
| Sei Investments Co. | 0.01% | Add +341.7% | 99,979 | $6.2M |
| Mairs & Power Inc. | 0.06% | Reduce -10.7% | 97,649 | $6.0M |
| Wells Fargo & Company | 0.00% | Add +8.4% | 94,026 | $5.8M |
| Congress Asset Management Co. | 0.04% | Reduce -0.3% | 93,384 | $5.8M |
| Royal Bank of Canada | 0.00% | Reduce -54.1% | 91,362 | $5.6M |
| Raymond James Financial Inc. | 0.00% | Reduce -0.3% | 90,851 | $5.6M |
| Retirement Systems of Alabama | 0.02% | Reduce -0.6% | 88,083 | $5.4M |
| Schonfeld Strategic Advisors LLC | 0.04% | Add +2253.7% | 85,087 | $5.2M |
| Meritage Portfolio Management | 0.35% | Reduce -1.4% | 84,369 | $5.2M |
| Martingale Asset Management L P | 0.13% | Add +0.6% | 82,255 | $5.1M |
| Meeder Asset Management Inc. | 0.29% | Add +33.9% | 81,954 | $5.0M |
| Burney Co./ | 0.15% | Add +2.2% | 79,086 | $4.9M |
| Benson Investment Management Company, Inc. | 1.66% | Add +0.7% | 78,665 | $4.8M |
| MetLife Investment Management, LLC | 0.02% | New | 78,656 | $4.8M |
| South Dakota Investment Council | 0.09% | Reduce -2.7% | 75,075 | $4.6M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +29.1% | 73,524 | $4.5M |
| New York State Teachers Retirement System | 0.01% | No change | 73,390 | $4.5M |
| Ontario Teachers Pension Plan Board | 0.11% | Reduce -23.9% | 71,611 | $4.4M |
| California State Teachers Retirement System | 0.00% | Add +0.0% | 70,553 | $4.3M |
| Cerity Partners LLC | 0.01% | Add +72.4% | 69,875 | $4.3M |
| Ieq Capital, LLC | 0.01% | Add +539.0% | 68,927 | $4.2M |
| T. Rowe Price Associates Inc. | 0.00% | Add +5.4% | 68,723 | $4.2M |
| Cubist Systematic Strategies, LLC | 0.06% | Reduce -80.5% | 65,919 | $4.1M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -57.7% | 65,327 | $4.0M |
| Alta Capital Management LLC/ | 0.22% | Add +7.3% | 63,263 | $3.9M |
"% of holder's portfolio" is BKH's weight in each manager's 13F, not the share of Black Hills Corp. the manager owns.