Black Hills Corporation
Ownership
Ownership Structure
Who owns Black Hills Corporation (BKH)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 99.5% of the shares are freely tradable; institutional investors hold 102.3%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 15.91 | 12,129,658 | -0.1 | 03/31/2026 |
| Vanguard Portfolio Management, LLC | 6.61 | 5,039,870 | +0.0 | 03/31/2026 |
| State Street Corp | 4.75 | 3,620,556 | -4.2 | 03/31/2026 |
| Vanguard Capital Management, LLC | 4.42 | 3,369,588 | +0.0 | 03/31/2026 |
| Delaware Management Holdings Inc | 3.51 | 2,679,192 | +0.9 | 03/31/2026 |
| Geode Capital Management, LLC | 2.62 | 1,994,815 | +5.3 | 03/31/2026 |
| Point72 Asset Management, L.P. | 2.55 | 1,943,215 | +3.6 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3.50 | 2,665,901 | +0.0 | 08/31/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.18 | 2,423,394 | +0.3 | 07/31/2026 |
| iShares Russell 2000 ETF | 2.62 | 1,999,986 | -0.6 | 08/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Data as of: September 18, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.