Black Hills Corp /Sd/ (BKH) Institutional Ownership

Institutions by Trading Activity

Ownership Statistics

75,000,000Shares Outstanding

1,221,953Shares held by institutions

$89,899,082Value of institutional holdings

95.35%Institutional ownership %

14.84%Shares Changed QoQ

430No. of institutional investors

Shares Owned by Institutions

Shares Purchased/Sold by Institutions

Ownership Summary

The institutional landscape for Black Hills Corp /Sd/ (NYSE:BKH) includes 430 filers as of the latest reporting cycle ending December 2025.

Black Hills saw its institutional ownership percentage rose to 95.4% in December 2025 from 91.4% in September 2025.
In percentage terms, this reflects as a holdings change of 14.84% quarter on quarter, and an increase of 9.41% year over year.
The latest 13F cycle for Black Hills reveals that of 430 total investors, 237 funds grew their exposure, whereas 126 reduced theirs and 67 made no changes.
The total number of shares held by institutions in Black Hills increased to 71.51Mn as of December 2025, a net change of up by 9.24Mn shares quarter on quarter, and up 10.81Mn shares year over year.
As of December 31, 2025, BlackRock, Inc. held Black Hills's largest shareholding position with over 12.14Mn shares, representing 16.18% of total outstanding shares.
Among the most significant buyers of Black Hills during December 2025 were NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (2.66Mn), Covalis Capital LLP (2.06Mn), Point72 Asset Management, L.P. (1.86Mn), ADAGE CAPITAL PARTNERS GP, L.L.C. (1.02Mn), TWO SIGMA ADVISERS, LP (861.70K).
Leading sellers of Black Hills stock in December 2025 included MACQUARIE GROUP LTD (2.18Mn), Zimmer Partners, LP (823.99K), JANE STREET GROUP, LLC (689.10K), FULLER & THALER ASSET MANAGEMENT, INC. (525.51K), CITADEL ADVISORS LLC (439.13K).
The top 10 institutional holders of Black Hills for the quarter ending December 2025 included BlackRock, Inc. (12.14Mn), VANGUARD GROUP INC (8.97Mn), STATE STREET CORP (3.78Mn), NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (2.66Mn), Capital Research Global Investors (2.28Mn), Covalis Capital LLP (2.06Mn), GEODE CAPITAL MANAGEMENT, LLC (1.89Mn), Point72 Asset Management, L.P. (1.88Mn), ADAGE CAPITAL PARTNERS GP, L.L.C. (1.59Mn), AQR CAPITAL MANAGEMENT LLC (1.42Mn).

430 Institutional Holders

1,221,953 Total Shares Held

Rows:

Download Data

Owner Name	Date	Shares Held	Change (QoQ)	Change (%)	Value (USD)
BlackRock, Inc.	31 Dec, 2025	12,138,305	802,222	7.08%	$842,641,139.00
VANGUARD GROUP INC	31 Dec, 2025	8,974,122	-16,719	-0.19%	$622,983,548.00
STATE STREET CORP	31 Dec, 2025	3,780,111	-56,903	-1.48%	$262,415,306.00
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	31 Dec, 2025	2,655,062	2,655,062	0.00%	$184,314,876.00
Capital Research Global Investors	31 Dec, 2025	2,275,922	634,800	38.68%	$157,994,505.00
Covalis Capital LLP	31 Dec, 2025	2,057,160	2,057,160	0.00%	$142,808,047.00
GEODE CAPITAL MANAGEMENT, LLC	31 Dec, 2025	1,894,539	55,232	3.00%	$131,547,811.00
Point72 Asset Management, L.P.	31 Dec, 2025	1,875,221	1,860,569	12,698.40%	$130,177,842.00
ADAGE CAPITAL PARTNERS GP, L.L.C.	31 Dec, 2025	1,592,000	1,017,000	176.87%	$110,516,640.00
AQR CAPITAL MANAGEMENT LLC	31 Dec, 2025	1,418,384	44,334	3.23%	$98,464,193.00
COHEN & STEERS, INC.	31 Dec, 2025	1,385,759	209,135	17.77%	$96,199.00
Nuveen, LLC	31 Dec, 2025	1,230,205	-39,785	-3.13%	$85,400,830.00
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	31 Dec, 2025	1,191,648	-8,987	-0.75%	$82,724,204.00
TWO SIGMA INVESTMENTS, LP	31 Dec, 2025	1,176,944	651,291	123.90%	$81,703,452.00
DIMENSIONAL FUND ADVISORS LP	31 Dec, 2025	1,123,163	23,870	2.17%	$77,970,564.00
TWO SIGMA ADVISERS, LP	31 Dec, 2025	978,200	861,702	739.67%	$67,906,644.00
GOLDMAN SACHS GROUP INC	31 Dec, 2025	967,603	30,213	3.22%	$67,171,029.00
NORTHERN TRUST CORP	31 Dec, 2025	918,827	-38,666	-4.04%	$63,784,970.00
Engineers Gate Manager LP	31 Dec, 2025	849,073	844,327	17,790.29%	$58,942,648.00
FRANKLIN RESOURCES INC	31 Dec, 2025	832,727	243,466	41.32%	$57,807,908.00

1 - 20 of 430

Research Tools