BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.12,138,305$842,641
VANGUARD GROUP INC8,974,122$622,984
STATE STREET CORP3,780,111$262,415
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.2,655,062$184,315
Capital Research Global Investors2,275,922$157,995
Covalis Capital LLP2,057,160$142,808
GEODE CAPITAL MANAGEMENT, LLC1,894,539$131,548
Point72 Asset Management, L.P.1,875,221$130,178
ADAGE CAPITAL PARTNERS GP, L.L.C.1,592,000$110,517
AQR CAPITAL MANAGEMENT LLC1,418,384$98,464
COHEN & STEERS, INC.1,385,759$96
Nuveen, LLC1,230,205$85,401
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,191,648$82,724
TWO SIGMA INVESTMENTS, LP1,176,944$81,703
DIMENSIONAL FUND ADVISORS LP1,123,163$77,971
TWO SIGMA ADVISERS, LP978,200$67,907
GOLDMAN SACHS GROUP INC967,603$67,171
NORTHERN TRUST CORP918,827$63,785
Engineers Gate Manager LP849,073$58,943
FRANKLIN RESOURCES INC832,727$57,808
FULLER & THALER ASSET MANAGEMENT, INC.800,458$55,568
Bank of New York Mellon Corp789,678$54,819
FIRST TRUST ADVISORS LP728,943$50,603
VICTORY CAPITAL MANAGEMENT INC706,327$49,033
Invesco Ltd.609,706$42,326
ProShare Advisors LLC603,142$41,870
MILLENNIUM MANAGEMENT LLC574,943$39,913
UBS Group AG572,227$39,724
MORGAN STANLEY566,831$39,350
Think Investments LP537,637$37,323
GABELLI FUNDS LLC533,331$37,024
CRAWFORD INVESTMENT COUNSEL INC489,565$33,986
JPMORGAN CHASE & CO437,371$30,362
BANK OF AMERICA CORP /DE/430,230$29,867
OLD REPUBLIC INTERNATIONAL CORP416,000$29
JANUS HENDERSON GROUP PLC398,420$27,658
MANUFACTURERS LIFE INSURANCE COMPANY, THE393,348$27,306
DUFF & PHELPS INVESTMENT MANAGEMENT CO389,700$27,053
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC380,574$26,419
Legal & General Group Plc339,452$23,565
ALLIANCEBERNSTEIN L.P.309,141$21,461
HighTower Advisors, LLC278,659$19,345
Zimmer Partners, LP276,034$19,162
Freestone Grove Partners LP266,005$18,466
Voya Investment Management LLC255,898$17,764
Verition Fund Management LLC251,435$17,455
JANE STREET GROUP, LLC240,551$16,699
Paradiem, LLC234,687$16,292
Brandywine Global Investment Management, LLC231,017$16,037
RHUMBLINE ADVISERS225,446$15,650
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC220,354$229
Squarepoint Ops LLC213,023$14,788
GAMCO INVESTORS, INC. ET AL207,132$14,379
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM203,337$14,116
GLENMEDE TRUST CO NA191,410$13,288
BARCLAYS PLC164,079$11,390
PRINCIPAL FINANCIAL GROUP INC163,397$11,343
Connor, Clark & Lunn Investment Management Ltd.159,341$11,061
Phocas Financial Corp.154,041$10,694
Swiss National Bank143,779$9,981
Leeward Investments, LLC - MA141,580$9,828
Hunter Perkins Capital Management, LLC140,509$10
Yaupon Capital Management LP138,958$9,646
First Eagle Investment Management, LLC126,670$8,793
Assenagon Asset Management S.A.124,539$8,645
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC124,484$8,642
Martin Capital Partners, LLC123,489$9
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS122,582$8,510
ALGERT GLOBAL LLC120,604$8
WELLS FARGO & COMPANY/MN119,845$8,320
AMERIPRISE FINANCIAL INC118,741$8,243
STIFEL FINANCIAL CORP115,609$8,026
UBS ASSET MANAGEMENT AMERICAS INC115,310$8,005
Russell Investments Group, Ltd.113,761$7,898
ROYAL BANK OF CANADA112,445$7,805
Jain Global LLC110,211$7,651
CITADEL ADVISORS LLC100,668$6,988
IEQ CAPITAL, LLC96,741$6,716
Thrivent Financial for Lutherans94,464$7
MAIRS & POWER INC94,138$6,535
MARSHALL WACE, LLP91,853$6,376
CONGRESS ASSET MANAGEMENT CO /MA90,687$6,295
Retirement Systems of Alabama90,579$6,288
SEI INVESTMENTS CO89,361$6,204
BW Gestao de Investimentos Ltda.86,219$5,985
Cerity Partners LLC85,406$5,929
SUSQUEHANNA INTERNATIONAL GROUP, LLP82,350$5,717
BURNEY CO/81,735$5,674
Benson Investment Management Company, Inc.79,555$5,523
MetLife Investment Management, LLC76,122$5,284
FEDERATED HERMES, INC.74,333$5,160
NEW YORK STATE TEACHERS RETIREMENT SYSTEM73,390$5
PRICE T ROWE ASSOCIATES INC /MD/72,465$5
Man Group plc72,164$5,010
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM69,066$4,795
MARTINGALE ASSET MANAGEMENT L P67,239$4,668
ENVESTNET ASSET MANAGEMENT INC65,339$4,536
ALTA CAPITAL MANAGEMENT LLC/61,889$4,296
South Dakota Investment Council61,275$4
Universal- Beteiligungs- und Servicegesellschaft mbH60,477$4,198
356 other institutions4,228,118$264,537
Total (456 institutions)72,516,594$4,817,543