BKH
Black Hills Corporation · Utilities · Regulated Gas
Momentum inputs (comparable managers): holder breadth 0.0% · share flow +1.0% · net new positions 0.0% — formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 116 | 0 | 56.60M | $4.21B | +4 | −5 |
| Q1 2026 | 120 | -5 | 56.41M | $3.91B | +5 | −10 |
| Q4 2025 | 124 | -1 | 57.19M | $3.97B | +1 | −2 |
| Q3 2025 | 20 | +2 | 32.82M | $2.02B | +3 | −1 |
| Q2 2025 | 15 | 0 | 28.35M | $1.59B | +2 | −2 |
| Q1 2025 | 12 | +3 | 7.85M | $475.79M | +4 | −1 |
| Q4 2024 | 9 | -2 | 7.18M | $419.97M | — | −2 |
| Q3 2024 | 10 | -1 | 3.27M | $199.87M | +1 | −2 |
| Q2 2024 | 11 | — | 3.66M | $198.99M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 14 | BlackRock ✦ (passive) | 11.32M | — | $635.16M | 0.0% | n/c | 1 | SEC ↗ |
| 15 | The Vanguard Group ✦ (passive) | 8.77M | — | $491.73M | 0.0% | n/c | 1 | SEC ↗ |
| 16 | The Vanguard Group ✦ (passive) | 8.77M | — | $491.73M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | The Vanguard Group ✦ (passive) | 8.77M | — | $491.73M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | The Vanguard Group ✦ (passive) | 8.77M | — | $491.73M | 0.0% | n/c | 1 | SEC ↗ |
| 19 | The Vanguard Group ✦ (passive) | 8.77M | — | $491.73M | 0.0% | n/c | 1 | SEC ↗ |
| 20 | State Street Global Advisors ✦ (passive) | 3.84M | +0.8% | $215.51M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 21 | Geode Capital Management ✦ (passive) | 1.82M | +2.1% | $102.25M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 22 | Geode Capital Management ✦ (passive) | 1.82M | +2.1% | $102.25M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 23 | AQR Capital Management ✦ | 899.10K | +1.2% | $50.44M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 24 | AQR Capital Management ✦ | 899.10K | +1.2% | $50.44M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 25 | AQR Capital Management ✦ | 899.10K | +1.2% | $50.44M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 26 | AQR Capital Management ✦ | 899.10K | +1.2% | $50.44M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 27 | Millennium Management ✦ | 576.99K | -0.5% | $32.37M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 28 | GAMCO Investors ✦ | 207.98K | +7.8% | $11.67M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 29 | Renaissance Technologies ✦ | 172.10K | +192.7% | $9.65M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 30 | Two Sigma Investments ✦ | 163.90K | +8.2% | $9.19M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 31 | Arrowstreet Capital ✦ | 154.42K | +40.4% | $8.66M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 32 | Fidelity (FMR) ✦ | 147.57K | — | $8.28M | 0.0% | n/c | 1 | SEC ↗ |
| 33 | Fidelity (FMR) ✦ | 147.57K | — | $8.28M | 0.0% | n/c | 1 | SEC ↗ |
| 34 | Fidelity (FMR) ✦ | 147.57K | — | $8.28M | 0.0% | n/c | 1 | SEC ↗ |
| 35 | Citadel Advisors ✦ | 112.66K | +251.8% | $6.32M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 36 | Citadel Advisors ✦ | 112.66K | +251.8% | $6.32M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 37 | Adage Capital Partners ✦ | 100.00K | New | $5.61M | 0.0% | New | 1 | SEC ↗ |
| 38 | T. Rowe Price ✦ | 65.22K | +9.3% | $3.66M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 39 | Gotham Asset Management ✦ | 3.70K | New | $207,794 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Adage Capital Partners | $5.61M | 0.0% |
| Gotham Asset Management | $207,794 | 0.0% |
Exited
| Wellington Management | $7.96M | was 0.0% |
| Marshall Wace | $2.73M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 468 holders, 76.09M shares, $5.09B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.