Black HillsBKH

13F holders, Q1 2026 (March 31)
476holders +15
57new positions
42sold out
8famous investors
$69.39avg. 13F price*

At the end of Q1 2026, 476 institutions reported holding Black Hills Corp. (BKH) in their 13F filings, up 15 from Q4 2025. 57 opened new positions and 42 sold out. The largest holders were BlackRock, Inc. ($841.9M), Vanguard Portfolio Management LLC ($349.8M) and State Street Corp. ($251.3M). 8 famous investors held it, including Steve Cohen (0.2% of Point72 Asset Management's portfolio), Mario Gabelli (0.1% of GAMCO Investors'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

0100200300400500 Q1 2024: 393Q1 2024Q2 2024: 375Q2 2024Q3 2024: 394Q3 2024Q4 2024: 400Q4 2024Q1 2025: 413Q1 2025Q2 2025: 413Q2 2025Q3 2025: 432Q3 2025Q4 2025: 461Q4 2025Q1 2026: 476Q1 2026Q2 2026: 477Q2 2026

Total Exit/New Position Q4 2025 → Q1 2026

InstitutionsTotal Value
New Positions57$64.6M
Exits42$48.4M

All 13F filers, Q4 2025 → Q1 2026: 9,684,071 shares bought and 4,460,795 shares sold, net +5,223,276 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 476 holders

BlackRock, Inc. 0.01% Reduce -0.1% 12,129,658 $841.9M
Vanguard Portfolio Management LLC 0.02% — 5,039,870 $349.8M
State Street Corp. 0.01% Reduce -4.2% 3,620,556 $251.3M
Vanguard Capital Management LLC 0.01% — 3,369,588 $233.9M
Nomura Asset Management International Inc. 0.32% Add +0.9% 2,679,192 $186.0M
Capital Research Global Investors 0.02% No change 2,275,922 $158.0M
Two Sigma Investments, LP 0.13% Add +88.3% 2,216,003 $153.8M
Adage Capital Partners Gp, L.L.C. 0.22% Add +30.0% 2,069,827 $143.7M
Geode Capital Management, LLC 0.01% Add +5.3% 1,994,815 $138.5M
Point72 Asset Management 0.25% Add +3.6% 1,943,215 $134.9M
Covalis Capital LLP 7.55% Reduce -14.8% 1,752,846 $121.7M
Goldman Sachs Group Inc. 0.01% Add +63.8% 1,584,525 $110.0M
Franklin Resources Inc. 0.03% Add +89.3% 1,576,371 $109.4M
AQR Capital Management 0.05% Add +12.5% 1,595,595 $109.4M
Cohen & Steers, Inc. 0.15% Reduce -8.5% 1,268,274 $88.0M
Charles Schwab Investment Management Inc. 0.01% Add +2.1% 1,216,351 $84.4M
Dimensional Fund Advisors LP 0.02% Add +1.6% 1,141,272 $79.2M
Engineers Gate Manager LP 0.92% Add +25.2% 1,062,853 $73.8M
Invesco Ltd. 0.01% Add +74.0% 1,060,663 $73.6M
Nuveen, LLC 0.02% Reduce -20.9% 973,246 $67.6M
Northern Trust Corp. 0.01% Add +2.8% 944,294 $65.5M
Citadel Advisors 0.05% Add +797.0% 903,014 $62.7M
Bank of America Corp. 0.00% Add +109.2% 899,963 $62.5M
Morgan Stanley 0.00% Add +44.8% 820,845 $57.0M
Bank of New York Mellon Corp 0.01% Reduce -0.7% 784,251 $54.4M
Fuller & Thaler Asset Management, Inc. 0.18% Reduce -4.0% 768,692 $53.4M
Zimmer Partners, LP 1.31% Add +168.5% 741,034 $51.4M
First Trust Advisors LP 0.04% Reduce -3.3% 705,051 $48.9M
Victory Capital Management Inc. 0.03% Reduce -3.0% 685,095 $47.6M
Pictet Asset Management Holding SA 0.04% Add +5286.1% 593,543 $41.2M
Gabelli Funds LLC 0.25% Reduce -0.6% 530,316 $36.8M
Crawford Investment Counsel Inc. 0.61% Add +5.5% 516,756 $35.9M
Vanguard Fiduciary Trust Co. 0.01% — 490,014 $34.0M
Duff & Phelps Investment Management Co. 0.33% Add +17.9% 459,540 $31.9M
ProShare Advisors LLC 0.05% Reduce -25.8% 447,561 $31.1M
Old Republic International Corp. 1.15% No change 416,000 $28.9M
JPMorgan Chase & Co. 0.00% Reduce -6.1% 410,555 $28.4M
UBS Group AG 0.00% Reduce -30.2% 399,306 $27.7M
Manufacturers Life Insurance Company, The 0.02% Add +0.4% 394,966 $27.4M
Freestone Grove Partners LP 0.20% Add +47.7% 392,821 $27.3M
Janus Henderson Group PLC 0.01% Reduce -6.2% 373,694 $25.9M
Hotchkis & Wiley Capital Management LLC 0.08% Reduce -7.4% 352,573 $24.5M
D. E. Shaw & Co. 0.02% Add +582.8% 347,654 $24.1M
HighTower Advisors, LLC 0.02% Add +20.1% 334,520 $23.2M
Principal Financial Group Inc. 0.01% Add +96.4% 320,946 $22.3M
Legal & General Group Plc 0.01% Reduce -7.5% 313,822 $21.8M
Connor, Clark & Lunn Investment Management Ltd. 0.04% Add +76.6% 281,439 $19.5M
Squarepoint Ops LLC 0.04% Add +26.3% 269,075 $18.7M
Yaupon Capital Management LP 0.85% Add +77.5% 246,649 $17.1M
Think Investments LP 2.22% Reduce -55.8% 237,500 $16.5M
Rhumbline Advisers 0.01% Add +2.4% 230,849 $16.0M
Paradiem, LLC 3.44% Reduce -4.2% 224,868 $15.6M
GAMCO Investors 0.14% Add +0.1% 207,327 $14.4M
Jane Street Group, LLC 0.01% Reduce -24.8% 180,791 $12.5M
California Public Employees Retirement System 0.01% Reduce -11.2% 180,499 $12.5M
Glenmede Trust Co. NA 0.06% Reduce -8.7% 174,750 $12.1M
Resolution Capital Ltd 0.25% New 171,708 $11.9M
Swiss National Bank 0.01% Add +3.8% 149,279 $10.4M
Alliancebernstein L.P. 0.00% Reduce -52.3% 147,473 $10.2M
Hunter Perkins Capital Management, LLC 2.30% Add +0.1% 140,713 $9.8M
Leeward Investments, LLC - MA 0.47% Reduce -2.7% 137,775 $9.6M
Ameriprise Financial Inc. 0.00% Add +12.8% 133,983 $9.3M
BW Gestao de Investimentos Ltda. 0.40% Add +51.6% 130,738 $9.1M
Voya Investment Management LLC 0.01% Reduce -49.2% 130,024 $9.0M
First Eagle Investment Management, LLC 0.02% Add +1.7% 128,770 $8.9M
Martin Capital Partners, LLC 3.18% Reduce -0.1% 123,329 $8.6M
Russell Investments Group, Ltd. 0.01% Add +8.3% 123,169 $8.5M
Man Group plc 0.02% Add +70.2% 122,847 $8.5M
Mutual of America Capital Management LLC 0.10% Reduce -2.5% 121,348 $8.4M
Phocas Financial Corp. 1.31% Reduce -22.2% 119,835 $8.3M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.04% Reduce -4.1% 117,547 $8.2M
Stifel Financial Corp. 0.01% Add +1.0% 116,769 $8.1M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -0.0% 115,263 $8.0M
Voloridge Investment Management, LLC 0.03% Add +250.4% 114,185 $7.9M
Congress Asset Management Co. 0.06% Add +23.2% 111,746 $7.8M
HITE Hedge Asset Management LLC 0.43% Add +334.0% 108,500 $7.5M
Sei Investments Co. 0.01% Add +17.9% 105,346 $7.3M
Royal Bank of Canada 0.00% Reduce -8.3% 103,103 $7.2M
Verition Fund Management LLC 0.07% Reduce -60.5% 99,259 $6.9M
Mairs & Power Inc. 0.07% Add +4.4% 98,285 $6.8M
Thrivent Financial for Lutherans 0.01% Reduce -1.5% 93,063 $6.5M
Retirement Systems of Alabama 0.02% Add +2.1% 92,528 $6.4M
California State Teachers Retirement System 0.01% Add +29.5% 89,470 $6.2M
Tudor Investment Corporation 0.03% New 88,200 $6.1M
T. Rowe Price Associates Inc. 0.00% Add +21.6% 88,145 $6.1M
Arrowstreet Capital, Limited Partnership 0.00% New 81,807 $5.7M
Cerity Partners LLC 0.01% Reduce -4.2% 81,799 $5.7M
Edgestream Partners, L.P. 0.19% Add +491.6% 81,492 $5.7M
Renaissance Technologies 0.01% New 79,200 $5.5M
MetLife Investment Management, LLC 0.03% Add +1.3% 77,091 $5.4M
Alta Capital Management LLC/ 0.40% Add +21.3% 75,098 $5.2M
Quantbot Technologies LP 0.21% Add +547.7% 74,314 $5.2M
Magellan Asset Management Ltd 0.07% Add +43.9% 74,162 $5.1M
Hudson Bay Capital Management LP 0.03% Add +81.8% 73,901 $5.1M
New York State Teachers Retirement System 0.01% Reduce -3.3% 70,938 $4.9M
Envestnet Asset Management Inc. 0.00% Add +4.8% 68,476 $4.8M
Quantinno Capital Management LP 0.01% Add +279.4% 67,672 $4.7M
Ieq Capital, LLC 0.02% Reduce -32.0% 65,821 $4.6M
Mackenzie Financial Corp. 0.01% Add +27.1% 65,145 $4.5M
Lighthouse Investment Partners, LLC 0.17% Add +579.4% 65,142 $4.5M
Deutsche Bank AG 0.00% Add +13.7% 63,002 $4.4M
Boston Partners 0.00% Add +7.4% 62,908 $4.4M
Waverly Advisors, LLC 0.03% Add +1.0% 59,333 $4.1M
SummitTX Capital, L.P. 0.13% Add +29.2% 59,158 $4.1M
South Dakota Investment Council 0.08% Reduce -5.3% 58,050 $4.0M
LPL Financial LLC 0.00% Add +19.9% 57,972 $4.0M
Susquehanna International Group, LLP 0.01% Reduce -29.8% 57,823 $4.0M
VANGUARD ASSET MANAGEMENT, Ltd 0.00% — 57,458 $4.0M
Burney Co./ 0.12% Reduce -30.3% 56,944 $4.0M
Wells Fargo & Company 0.00% Reduce -52.6% 56,826 $3.9M
Vanguard Investments Australia, Ltd. 0.01% — 56,637 $3.9M
Barclays PLC 0.00% Reduce -68.5% 51,619 $3.6M
John G Ullman & Associates Inc. 0.47% Reduce -0.9% 50,924 $3.5M
Ontario Teachers Pension Plan Board 0.11% Reduce -7.6% 50,703 $3.5M
Midwest Trust Co 0.04% Reduce -2.8% 49,953 $3.5M
Nisa Investment Advisors, LLC 0.01% Add +0.2% 49,787 $3.5M
Cwm, LLC 0.01% Add +2.9% 49,386 $3.4M
Cambridge Investment Research Advisors, Inc. 0.01% Reduce -1.3% 49,170 $3.4M
Cozad Asset Management Inc. 0.26% Add +2.9% 48,569 $3.4M
Alps Advisors Inc. 0.02% Add +3.9% 48,365 $3.4M
Macquarie Group Ltd. 0.02% Add +20.2% 48,256 $3.3M
Corient Private Wealth LP 0.00% Add +904.2% 48,242 $3.3M
Blackstone Inc. 0.01% New 48,233 $3.3M
Captrust Financial Advisors 0.01% Add +248.8% 47,998 $3.3M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% Reduce -21.7% 47,345 $3.3M
Creative Planning 0.00% Reduce -1.4% 47,064 $3.3M
Lesa Sroufe & Co 2.21% Add +1.2% 46,831 $3.3M
Ameritas Investment Partners, Inc. 0.10% Add +23.1% 46,621 $3.2M
Martingale Asset Management L P 0.08% Reduce -30.9% 46,446 $3.2M
Synergy Asset Management, LLC 0.34% New 46,277 $3.2M
Farmers & Merchants Investments Inc. 0.09% Reduce -0.6% 45,712 $3.2M
Mariner, LLC 0.00% Reduce -14.5% 45,684 $3.2M
New York State Common Retirement Fund 0.00% Add +3.2% 45,676 $3.2M
Raymond James Financial Inc. 0.00% Reduce -11.1% 45,424 $3.2M
Allianz Asset Management GmbH 0.00% Add +19.5% 45,173 $3.1M
Hennessy Advisors Inc. 0.11% Reduce -4.2% 45,147 $3.1M
CANADA LIFE ASSURANCE Co 0.01% No change 43,904 $3.0M
AMG National Trust Bank 0.07% Reduce -1.1% 43,360 $3.0M
BTG Pactual Asset Management US LLC 0.28% Add +40.9% 41,001 $2.8M
State of Wisconsin Investment Board 0.01% Reduce -16.6% 40,726 $2.8M
Schonfeld Strategic Advisors LLC 0.02% Add +73.5% 40,230 $2.8M
First Manhattan Co. Llc. 0.01% Reduce -11.4% 37,859 $2.6M
State of Tennessee, Department of Treasury 0.01% No change 37,333 $2.6M
Millennium Management 0.00% Reduce -93.7% 36,511 $2.5M
Orion Porfolio Solutions, LLC 0.02% Reduce -7.2% 35,958 $2.5M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +4.7% 35,713 $2.5M
Cetera Investment Advisers 0.00% Add +21.5% 35,532 $2.5M
Polaris Capital Management, LLC 0.19% No change 33,700 $2.3M
Bridgeway Capital Management, LLC 0.05% Add +13.8% 33,000 $2.3M
Amalgamated Bank 0.02% Add +2.7% 32,568 $2.3M
Banque Pictet & Cie SA 0.03% New 32,452 $2.3M
Fifth Third Bancorp 0.00% Add +4136.8% 32,284 $2.2M
Dynamic Technology Lab Private Ltd 0.36% New 32,250 $2.2M
Bollard Group LLC 0.07% Add +17.0% 31,880 $2.2M
HRT Financial LP 0.01% New 31,542 $2.2M
HSBC Holdings PLC 0.00% Add +336.0% 31,687 $2.2M
Gsa Capital Partners LLP 0.13% Add +720.6% 31,051 $2.2M
State of New Jersey Common Pension Fund D 0.01% Add +0.3% 30,769 $2.1M
Citigroup Inc. 0.00% Add +43.1% 30,632 $2.1M
Van Eck Associates Corp. 0.00% Add +8.1% 30,471 $2.1M
Vanguard Global Advisers, LLC 0.00% — 29,969 $2.1M
DC Investments Management, LLC 0.79% No change 29,900 $2.1M
Dark Forest Capital Management LP 0.18% Add +104.2% 29,798 $2.1M
SG Americas Securities, LLC 0.00% Add +315.4% 29,220 $2.0M
Barnett & Company, Inc. 1.58% Add +1.7% 29,200 $2.0M
BNP Paribas Financial Markets 0.00% Add +15.8% 28,059 $1.9M
Riverwater Partners LLC 0.65% Reduce -32.5% 28,047 $1.9M
Mercer Global Advisors Inc. 0.00% Add +6.3% 27,761 $1.9M
Elo Mutual Pension Insurance Co 0.03% New 26,958 $1.9M
State Board of Administration of Florida Retirement System 0.00% No change 26,244 $1.8M
Buckley Wealth Management, LLC 0.45% Reduce -3.8% 25,531 $1.8M
Empowered Funds, LLC 0.01% New 24,929 $1.7M
Susquehanna Portfolio Strategies, LLC 0.03% Reduce -54.4% 24,495 $1.7M
Convergence Investment Partners, LLC 0.28% Add +2.1% 24,379 $1.7M
Advisors Asset Management, Inc. 0.03% Reduce -20.0% 23,437 $1.6M
Vanguard Personalized Indexing Management, LLC 0.02% Reduce -1.2% 22,757 $1.6M
Capital Fund Management S.A. 0.01% New 22,466 $1.6M
XTX Topco Ltd 0.03% New 22,290 $1.5M
Capital Financial Group Inc\co\ 0.84% Add +0.8% 22,121 $1.5M
Louisiana State Employees Retirement System 0.03% Add +4.8% 21,900 $1.5M
PEAK6 LLC 0.04% New 21,677 $1.5M
Teachers Retirement System of the State of Kentucky 0.01% No change 21,298 $1.5M
Yousif Capital Management, LLC 0.02% Reduce -4.7% 21,233 $1.5M
Wealth Enhancement Advisory Services, LLC 0.00% Add +20.7% 24,255 $1.4M
Arizona State Retirement System 0.01% Add +1.8% 20,736 $1.4M
Intech Investment Management LLC 0.01% Reduce -30.7% 20,450 $1.4M
CWA Asset Management Group, LLC 0.05% Add +20.9% 20,397 $1.4M
Police & Firemen's Retirement System of New Jersey 0.01% Add +2.7% 20,367 $1.4M
AdvisorNet Financial, Inc 0.07% Add +1.3% 20,211 $1.4M
Avantax Planning Partners, Inc. 0.04% Reduce -22.4% 20,022 $1.4M
FMR LLC 0.00% Reduce -14.0% 19,560 $1.4M
Harbor Capital Advisors, Inc. 0.11% Add +178.2% 19,478 $1.4M
Hancock Whitney Corp. 0.02% Add +291.1% 17,774 $1.3M
Pathstone Holdings, LLC 0.01% Reduce -9.4% 19,049 $1.3M
Foundations Investment Advisors, LLC 0.02% Add +8.1% 18,977 $1.3M
Bank of Montreal 0.00% Add +2.2% 18,829 $1.3M
Hantz Financial Services, Inc. 0.02% Add +54.4% 18,728 $1.3M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +24.1% 18,550 $1.3M
First PREMIER Bank 0.29% Reduce -2.4% 18,371 $1.3M
Neo Ivy Capital Management 0.33% New 18,234 $1.3M
State of Michigan Retirement System 0.01% Add +2.3% 18,200 $1.3M
Group One Trading LLC 0.04% Add +4.0% 17,689 $1.2M
Cornerstone Wealth Management, LLC 0.06% Reduce -1.1% 17,437 $1.2M
Osaic Holdings, Inc. 0.00% Reduce -15.8% 17,299 $1.2M
Sequoia Financial Advisors, LLC 0.01% Reduce -26.1% 17,007 $1.2M
Northwestern Mutual Investment Management Company, LLC 0.02% Add +0.1% 16,908 $1.2M
Sumitomo Mitsui Trust Group, Inc. 0.00% Add +121.1% 16,881 $1.2M
Miller Howard Investments Inc. 0.03% Add +7.5% 16,516 $1.1M
Atria Investments, Inc 0.01% Add +86.8% 16,384 $1.1M
Allstate Corp. 0.01% New 16,213 $1.1M
Quadrant Capital Group LLC 0.03% Add +0.2% 16,004 $1.1M
Great Lakes Advisors, LLC 0.01% New 15,808 $1.1M
Oregon Public Employees Retirement Fund 0.01% Add +2.6% 15,522 $1.1M
Burford Brothers, Inc. 0.43% Add +19.2% 15,120 $1.0M
Greenland Capital Management LP 0.24% Reduce -17.3% 15,000 $1.0M
Ensign Peak Advisors, Inc 0.00% Add +459.3% 14,755 $1.0M
Picton Mahoney Asset Management 0.01% Add +76526.3% 14,559 $1.0M
Neuberger Berman Group LLC 0.00% Reduce -13.2% 14,318 $994K
Kestra Investment Management, LLC 0.02% Reduce -12.0% 13,941 $968K
New Mexico Educational Retirement Board 0.03% No change 13,306 $924K
PNC Financial Services Group, Inc. 0.00% Reduce -1.4% 13,290 $922K
Prudential Financial Inc. 0.00% Reduce -43.2% 13,222 $918K
D.A. Davidson & Co. 0.01% Reduce -14.8% 13,067 $907K
Eagle Global Advisors LLC 0.03% No change 12,830 $891K
Aquatic Capital Management LLC 0.03% Add +18.4% 12,795 $888K
Smith, Moore & Co. 0.06% No change 12,642 $877K
Exchange Traded Concepts, LLC 0.01% Reduce -17.4% 12,555 $871K
Axq Capital, LP 0.11% New 12,485 $867K
Entropy Technologies, LP 0.04% Reduce -65.5% 12,473 $866K
Roehl & Yi Investment Advisors, LLC 0.32% Reduce -0.5% 12,435 $863K
Quadrature Capital Ltd 0.01% New 12,389 $860K
Natixis Advisors, LLC 0.00% Reduce -0.7% 12,281 $852K
O'shaughnessy Asset Management, LLC 0.00% Add +8.0% 11,800 $819K
Western Wealth Management, LLC 0.03% New 11,764 $817K
Uncommon Cents Investing LLC 0.18% Reduce -0.4% 11,355 $788K
Horizon Investments, LLC 0.01% Reduce -67.1% 11,355 $788K
Pacer Advisors, Inc. 0.00% Add +27.1% 11,269 $782K
Icon Advisers Inc. 0.18% Reduce -8.2% 11,237 $780K
Bahl & Gaynor LLC 0.00% No change 10,850 $753K
Algert Global LLC 0.01% Reduce -91.1% 10,754 $746K
Choreo, LLC 0.01% Reduce -1.8% 10,749 $746K
Xponance LLC 0.01% Add +18.9% 10,659 $740K
CIBC Bancorp USA Inc. 0.00% — 10,603 $736K
Guggenheim Capital LLC 0.01% Add +9.5% 10,063 $698K
State of Alaska, Department of Revenue 0.01% Add +2.8% 10,048 $697K
Commonwealth Equity Services, LLC 0.00% Reduce -17.6% 9,932 $689K
Inspire Investing, LLC 0.04% Reduce -0.4% 9,865 $685K
Creative Financial Designs Inc. 0.04% Add +228.9% 9,315 $647K
US Bancorp \de 0.00% Reduce -1.7% 9,308 $646K
Hennion & Walsh Asset Management, Inc. 0.02% New 9,154 $635K
Meeder Advisory Services, Inc. 0.03% Reduce -1.4% 9,065 $629K
Navellier & Associates Inc. 0.07% Reduce -0.2% 8,986 $624K
Brevan Howard Capital Management LP 0.01% Reduce -43.5% 8,760 $608K
EP Wealth Advisors, LLC 0.00% Reduce -2.6% 8,491 $589K
Assetmark, Inc. 0.00% Add +5.3% 8,299 $576K
Landscape Capital Management, L.L.C. 0.04% Reduce -29.9% 8,266 $574K
Eagle Harbor Asset Management Inc. 0.48% Reduce -13.9% 8,138 $565K
Arkadios Wealth Advisors 0.01% Add +8.4% 8,028 $557K
Vident Advisory, LLC 0.00% New 8,016 $556K
Focus Partners Wealth 0.00% Reduce -9.6% 7,857 $545K
Brighton Jones LLC 0.01% New 7,809 $542K
Tower Research Capital LLC (TRC) 0.01% Add +94.7% 7,757 $538K
Federated Hermes, Inc. 0.00% Reduce -89.6% 7,736 $537K
Oakmont Investment Advisors, Inc. 0.49% Reduce -37.3% 7,700 $534K
Summit Global Investments 0.03% Reduce -6.1% 7,670 $532K
Swiss Life Asset Management Ltd 0.00% Add +25.4% 7,595 $527K
Pinnacle Financial Partners, Inc. 0.00% New 7,520 $522K
Twinbeech Capital LP 0.05% New 7,300 $507K
Inspire Advisors, LLC 0.04% Reduce -15.3% 7,257 $504K
IMC-Chicago, LLC 0.01% Reduce -66.2% 7,233 $502K
Aster Capital Management (DIFC) Ltd 0.16% Add +361.7% 8,190 $497K
Vise Technologies, Inc. 0.01% No change 6,883 $478K
IFP Advisors, Inc 0.01% Reduce -0.6% 6,876 $477K
Huber Capital Management LLC 0.07% Reduce -38.8% 6,861 $476K
Daiwa Securities Group Inc. 0.00% Add +1.3% 6,738 $468K
Hilltop Holdings Inc. 0.04% New 6,710 $466K
MML Investors Services, LLC 0.00% Reduce -19.6% 6,509 $452K
Kestra Advisory Services, LLC 0.00% Reduce -7.1% 6,342 $440K
Mission Wealth Management, LP 0.01% Add +1.3% 6,297 $437K
Vestcor Inc 0.01% New 6,297 $437K
Merit Financial Group, LLC 0.00% Add +5.8% 6,209 $431K
Moors & Cabot, Inc. 0.02% Reduce -4.2% 6,209 $431K
STRS Ohio 0.00% Reduce -21.8% 6,100 $423K
First National Bank Sioux Falls 0.12% No change 5,483 $421K
HB Wealth Management, LLC 0.00% Add +23.5% 6,039 $419K
United Capital Financial Advisors, LLC 0.00% Add +6.9% 5,895 $409K
Lanark Financial, Inc. 0.03% Reduce -0.3% 5,836 $405K
Intrua Financial, LLC 0.04% Reduce -0.4% 5,824 $404K
Public Employees Retirement Association of Colorado 0.00% No change 5,801 $403K
Baird Financial Group, Inc. 0.00% Add +12.6% 5,738 $398K
AssuredPartners Investment Advisors, LLC 0.04% Reduce -9.5% 5,507 $392K
Summit Wealth Group LLC / Co. 0.04% Add +88.5% 5,650 $392K
Securian Asset Management, Inc. 0.02% No change 5,500 $382K
Monarch Capital Management Inc. 0.09% No change 5,485 $381K
Jones Financial Companies LLLP 0.00% Add +21.7% 5,508 $378K
IFM Investors Pty Ltd 0.00% New 5,386 $374K
Inceptionr LLC 0.09% New 5,377 $373K
Elevation Point Wealth Partners, LLC 0.01% New 5,371 $373K
Rockefeller Capital Management L.P. 0.00% Add +72.8% 5,338 $371K
M&T Bank Corp 0.00% Add +0.7% 5,164 $359K
Journey Strategic Wealth LLC 0.01% Add +0.4% 5,076 $352K
Pinnacle West Asset Management, Inc. 0.23% Reduce -3.5% 4,950 $344K
Focus Partners Advisor Solutions, LLC 0.00% Reduce -8.6% 4,955 $344K
DNB Asset Management AS 0.00% New 4,950 $344K
Platform Technology Partners 0.07% No change 4,945 $343K
FORA Capital, LLC 0.02% Add +149.7% 4,876 $338K
Sterling Capital Management LLC 0.01% Reduce -68.7% 4,802 $333K
BIP Wealth, LLC 0.01% Add +0.9% 4,600 $319K
Regions Financial Corp. 0.00% No change 4,546 $316K
Ruggaard & Associates LLC 0.13% Reduce -2.3% 4,544 $315K
Concurrent Investment Advisors, LLC 0.00% Add +17.7% 4,503 $313K
Los Angeles Capital Management LLC 0.00% Reduce -18.0% 4,458 $309K
Boothbay Fund Management, LLC 0.01% New 4,373 $304K
Integrated Wealth Concepts LLC 0.00% Add +43.7% 4,241 $294K
Syon Capital LLC 0.01% No change 4,069 $282K
Evergreen Capital Management LLC 0.01% Reduce -0.9% 4,045 $281K
DGS Capital Management, LLC 0.05% Add +20.9% 4,027 $280K
Ballentine Partners, LLC 0.00% Reduce -5.0% 4,002 $278K
Rexford Capital Inc. 0.20% No change 3,962 $275K
Brooklyn Investment Group 0.01% Add +29.6% 3,939 $273K
Frec Markets, Inc. 0.05% New 3,936 $273K
NorthCrest Asset Manangement, LLC 0.01% Reduce -11.7% 3,841 $272K
Evolve Private Wealth, LLC 0.01% Reduce -2.6% 3,909 $271K
Signaturefd, LLC 0.00% Add +1.7% 3,881 $269K
Chilton Capital Management LLC 0.01% No change 3,843 $267K
Bill Few Associates, Inc. 0.06% New 3,829 $266K
Crossmark Global Holdings, Inc. 0.00% Reduce -1.3% 3,777 $262K
Carlson Financial, Inc. 0.15% Add +0.4% 3,710 $258K
Lido Advisors, LLC 0.00% Reduce -2.5% 3,698 $257K
SeaCrest Wealth Management, LLC 0.03% Reduce -2.5% 3,628 $252K
Bull Harbor Capital LLC 0.07% — 3,499 $243K
J.W. Cole Advisors, Inc. 0.01% Add +0.6% 3,416 $237K
Private Advisor Group, LLC 0.00% Reduce -47.0% 3,386 $235K
Public Employees Retirement System of Ohio 0.00% Add +4.3% 3,342 $232K
Richmond Investment Services, LLC 0.04% No change 3,328 $231K
Allworth Financial LP 0.00% Add +4.7% 3,288 $228K
Financiere des Professionnels - Fonds d'investissement inc. 0.01% No change 3,225 $224K
111 Capital 0.05% New 3,193 $222K
Forvis Mazars Wealth Advisors, LLC 0.00% No change 3,181 $221K
Crewe Advisors LLC 0.02% Add +0.4% 3,153 $219K
O'Domhnaill Enterprises, Inc. 0.17% New 3,065 $213K
DRW Securities, LLC 0.01% New 3,051 $212K
Truist Financial Corp. 0.00% Add +5.0% 3,042 $211K
Gaddis Premier Wealth Advisors LLC 0.16% New 3,029 $210K
GW Henssler & Associates Ltd. 0.01% No change 3,018 $209K
Parcion Private Wealth LLC 0.01% Reduce -3.6% 3,011 $209K
Autumn Glory Partners, LLC 0.08% Add +0.1% 3,004 $209K
Curi Capital, LLC 0.00% New 2,972 $206K
Money Concepts Capital Corp. 0.01% New 2,955 $205K
Schmidt P J Investment Management Inc. 0.03% New 2,950 $205K
Bridgefront Capital, LLC 0.05% New 2,917 $202K
State of Wyoming 0.02% Add +170.4% 2,847 $198K
Huntington National Bank 0.00% Add +1.6% 2,826 $196K
Scarborough Advisors, LLC 0.02% Add +1.0% 2,591 $180K
KBC Group NV 0.00% Add +33.2% 2,538 $176K
EverSource Wealth Advisors, LLC 0.01% Add +21.6% 2,479 $172K
Parallel Advisors, LLC 0.00% Add +1.3% 2,345 $163K
SBI Securities Co., Ltd. 0.00% Add +12.4% 2,005 $139K
Rothschild Investment LLC 0.01% Add +16.6% 1,968 $137K
Northwestern Mutual Wealth Management Co. 0.00% Add +0.2% 1,806 $125K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -1.0% 1,794 $125K
Farther Finance Advisors, LLC 0.00% Add +6.3% 1,612 $113K
Asset Planning,Inc 0.07% Add +0.9% 1,453 $101K
Rialto Wealth Management, LLC 0.02% Add +70650.0% 1,415 $98K
Essential Partners LLC 0.03% Add +1.1% 1,376 $96K
Westfuller Advisors, LLC 0.04% Reduce -1.1% 1,346 $93K
Harbour Investments, Inc. 0.00% Add +8.1% 1,320 $92K
HM Payson & Co. 0.00% No change 1,300 $90K
Larson Financial Group LLC 0.00% Reduce -35.4% 1,269 $88K
Mitsubishi UFJ Trust & Banking Corp 0.00% Reduce -2.2% 1,227 $85K
Smithfield Trust Co 0.00% No change 1,175 $82K
Hilltop National Bank 0.02% No change 1,153 $80K
CoreCap Advisors, LLC 0.00% Reduce -1.9% 1,132 $79K
Pinnacle Wealth Planning Services, Inc. 0.01% Add +129.4% 1,005 $70K
Pingora Partners LLC 0.04% No change 1,000 $69K
SRH Advisors, LLC 0.02% No change 1,000 $69K
City State Bank 0.02% No change 1,000 $69K
Smartleaf Asset Management LLC 0.00% Add +16.5% 990 $68K
Nomura Asset Management Co. Ltd. 0.00% No change 980 $68K
GAMMA Investing LLC 0.00% Add +10.0% 965 $67K
Meeder Asset Management Inc. 0.00% New 963 $67K
Geneos Wealth Management Inc. 0.00% No change 962 $67K
Marshall Investment Management, LLC 0.03% New 939 $65K
Bayforest Capital Ltd 0.07% New 924 $64K
NewEdge Advisors, LLC 0.00% Reduce -77.2% 877 $61K
Bartlett & Co. Wealth Management LLC 0.00% No change 800 $60K
North Star Investment Management Corp. 0.00% No change 750 $52K
Advisory Services Network, LLC 0.00% New 724 $50K
Sunbelt Securities, Inc. 0.00% No change 705 $49K
UMB Bank, n.a. 0.00% Reduce -0.9% 694 $48K
Gen-Wealth Partners Inc 0.01% Add +0.8% 639 $44K
Kemnay Advisory Services Inc. 0.01% Add +172.5% 624 $43K
First Horizon Corp. 0.00% Reduce -24.8% 581 $40K
TD Waterhouse Canada Inc. 0.00% No change 550 $38K
WealthCollab, LLC 0.01% No change 525 $36K
Bessemer Group Inc. 0.00% No change 498 $35K
Hussman Strategic Advisors, Inc. 0.01% No change 500 $35K
IMA Advisory Services, Inc. 0.00% No change 500 $35K
Versant Capital Management, Inc 0.00% Reduce -0.4% 488 $34K
Clearstead Trust, LLC 0.01% No change 456 $32K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 456 $32K
Innovative Asset Advisors Group, LLC 0.02% — 450 $31K
Clarity Asset Management, Inc. 0.02% Reduce -12.3% 433 $30K
Optiver Holding B.V. 0.00% Reduce -43.0% 425 $29K
Blue Trust, Inc. 0.00% Reduce -7.6% 424 $29K
Canton Hathaway, LLC 0.01% No change 400 $28K
Tompkins Financial Corp. 0.00% No change 400 $28K
CENTRAL TRUST Co 0.00% No change 400 $28K
Eastern Bank 0.00% No change 400 $28K
Arax Advisory Partners 0.00% Add +175.0% 385 $27K
Ares Financial Consulting, LLC 0.02% Add +267.3% 371 $26K
Quent Capital, LLC 0.00% No change 366 $25K
Byrne Asset Management LLC 0.01% No change 350 $24K
MAI Capital Management 0.00% Add +63.5% 327 $23K
HHM Wealth Advisors, LLC 0.00% No change 310 $22K
Cypress Capital Management LLC (WY) 0.02% No change 300 $21K
Glen Eagle Advisors, LLC 0.00% No change 300 $21K
St Germain D J Co. Inc. 0.00% No change 286 $20K
Brown Brothers Harriman & Co. 0.00% Add +5.1% 267 $19K
Destiny Wealth Partners, LLC 0.00% New 255 $18K
Root Financial Partners, LLC 0.00% Add +170.9% 233 $16K
Bogart Wealth, LLC 0.00% Add +0.9% 222 $15K
LRI Investments, LLC 0.00% No change 211 $15K
Covestor Ltd 0.01% Reduce -95.0% 208 $14K
Owl Creek Wealth Partners LLC 0.00% — 165 $11K
GHP Investment Advisors, Inc. 0.00% No change 159 $11K
Whittier Trust Co. 0.00% New 150 $11K
Physician Wealth Advisors, Inc. 0.00% No change 121 $8K
Steward Partners Investment Advisory, LLC 0.00% No change 107 $7K
Signature Resources Capital Management, LLC 0.00% New 102 $7K
Clark Wealth Partners 0.00% No change 100 $7K
St. Johns Investment Management Company, LLC 0.00% No change 100 $7K
Financial Perspectives, Inc 0.00% No change 100 $7K
Sachetta, LLC 0.00% Add +890.0% 99 $7K
Private Wealth Management Group, LLC 0.00% No change 97 $7K
True Wealth Design, LLC 0.00% No change 94 $7K
Fortitude Family Office, LLC 0.00% Add +107.5% 83 $6K
Twin Peaks Wealth Advisors, LLC 0.00% New 77 $5K
Cedar Mountain Advisors, LLC 0.00% New 70 $5K
CVA Family Office, LLC 0.00% Add +544.4% 58 $4K
JPL Wealth Management, LLC 0.00% New 57 $4K
Keating Financial Advisory Services, Inc. 0.00% Add +128.0% 57 $4K
Sound Income Strategies, LLC 0.00% No change 52 $4K
Parkside Financial Bank & Trust 0.00% No change 50 $3K
JFS Wealth Advisors, LLC 0.00% Add +2.4% 42 $3K
Private Trust Co. NA 0.00% No change 40 $3K
Kilter Group LLC 0.00% Add +35.7% 38 $3K
Cornerstone Planning Group LLC 0.00% No change 34 $3K
Bell Investment Advisors, Inc 0.00% No change 36 $2K
Godfrey Financial Associates, Inc. 0.00% No change 32 $2K
Bare Financial Services, Inc 0.00% Add +33.3% 28 $2K
Trust Co 0.00% No change 25 $2K
Steigerwald, Gordon & Koch Inc. 0.00% No change 24 $2K
Cornerstone Financial Management LLC 0.00% No change 22 $2K
Manchester Capital Management LLC 0.00% Reduce -61.1% 21 $1K
Clearstead Advisors, LLC 0.00% Reduce -92.7% 20 $1K
Wall Street Financial Group, Inc. 0.00% New 17 $1K
Avion Wealth 0.00% No change 20 $1K
Capital Advisors, Ltd. LLC 0.00% No change 14 $1K
Spire Wealth Management 0.00% No change 13 $902
Torren Management, LLC 0.00% No change 12 $822
Bay Harbor Wealth Management, LLC 0.00% Add +37.5% 11 $763
WPG Advisers, LLC 0.00% Reduce -47.4% 10 $694
Caitlin John, LLC 0.00% No change 10 $671
MV Capital Management, Inc. 0.00% No change 9 $625
SJS Investment Consulting Inc. 0.00% Add +60.0% 8 $556
DiNuzzo Private Wealth, Inc. 0.00% No change 6 $417
Financial Management Professionals, Inc. 0.00% No change 6 $416
Rossby Financial, LCC 0.00% New 5 $349
Vermillion Wealth Management, Inc. 0.00% New 4 $278
HFM Investment Advisors, LLC 0.00% Reduce -40.0% 3 $208
Leonteq Securities AG 0.00% No change 3 $208
Hughes Financial Services, LLC 0.00% No change 2 $139
Dunhill Financial, LLC 0.00% No change 1 $92
Raffa Wealth Management, LLC 0.00% New 1 $69
Curio Wealth, LLC 0.00% New 1 $69

"% of holder's portfolio" is BKH's weight in each manager's 13F, not the share of Black Hills Corp. the manager owns.