BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

ROYAL BANK OF CANADA's Holding History (CIK: 0001000275)

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

Q4 2025

Shares 112,445 Value ($000) $7,805 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 91,362 Value ($000) $5,627 Avg Close $57.38 Range $54.13 - $60.96

Q2 2025

Shares 199,254 Value ($000) $11,178 Avg Close $56.47 Range $52.67 - $59.65

Q1 2025

Shares 99,666 Value ($000) $6,044 Avg Close $56.47 Range $52.15 - $59.45

Q4 2024

Shares 103,304 Value ($000) $6,045 Avg Close $57.33 Range $53.67 - $62.19

Q3 2024

Shares 98,146 Value ($000) $5,999 Avg Close $54.39 Range $49.37 - $58.14

Q2 2024

Shares 69,975 Value ($000) $3,805 Avg Close $50.26 Range $46.53 - $53.93

Q1 2024

Shares 54,669 Value ($000) $2,985 Avg Close $47.73 Range $44.68 - $50.77

Q4 2023

Shares 75,567 Value ($000) $4,077 Avg Close $46.16 Range $41.54 - $51.76

Q3 2023

Shares 55,749 Value ($000) $2,820 Avg Close $50.50 Range $44.92 - $54.81

Q2 2023

Shares 58,639 Value ($000) $3,534 Avg Close $55.83 Range $52.26 - $58.57

Q1 2023

Shares 61,236 Value ($000) $3,864 Avg Close $57.47 Range $51.53 - $64.19

Q4 2022

Shares 71,400 Value ($000) $5,022 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 61,103 Value ($000) $4,139 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 74,833 Value ($000) $5,447 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 79,519 Value ($000) $6,123 Avg Close $58.63 Range $54.02 - $65.73

Q4 2021

Shares 346,863 Value ($000) $24,479 Avg Close $55.40 Range $51.95 - $59.51

Q3 2021

Shares 347,249 Value ($000) $21,793 Avg Close $56.46 Range $51.50 - $60.51

Q2 2021

Shares 355,989 Value ($000) $23,363 Avg Close $55.86 Range $53.24 - $58.36

Q1 2021

Shares 371,140 Value ($000) $24,780 Avg Close $50.63 Range $47.19 - $55.19

Q4 2020

Shares 314,717 Value ($000) $19,339 Avg Close $48.27 Range $42.45 - $52.98

Q3 2020

Shares 312,945 Value ($000) $16,738 Avg Close $45.64 Range $41.75 - $49.89

Q2 2020

Shares 246,923 Value ($000) $13,991 Avg Close $47.91 Range $41.68 - $55.82

Q1 2020

Shares 232,931 Value ($000) $14,914 Avg Close $59.44 Range $37.90 - $68.25

Q4 2019

Shares 261,704 Value ($000) $20,554 Avg Close $60.15 Range $57.52 - $62.11

Q3 2019

Shares 276,292 Value ($000) $21,199 Avg Close $60.34 Range $54.21 - $62.80

Q2 2019

Shares 270,435 Value ($000) $21,140 Avg Close $58.01 Range $54.08 - $63.38

Q1 2019

Shares 269,346 Value ($000) $19,950 Avg Close $52.65 Range $46.35 - $57.40

Q4 2018

Shares 296,229 Value ($000) $18,599 Avg Close $47.68 Range $43.15 - $52.00

Q3 2018

Shares 325,742 Value ($000) $18,914 Avg Close $45.23 Range $42.66 - $48.12

Q2 2018

Shares 287,602 Value ($000) $17,604 Avg Close $42.43 Range $39.15 - $46.25

Q1 2018

Shares 305,311 Value ($000) $16,579 Avg Close $39.62 Range $37.38 - $44.38

Q4 2017

Shares 282,197 Value ($000) $16,963 Avg Close $45.46 Range $41.87 - $51.03

Q3 2017

Shares 42,896 Value ($000) $2,954 Avg Close $50.60 Range $48.73 - $51.89

Q2 2017

Shares 32,935 Value ($000) $2,221 Avg Close $49.84 Range $47.18 - $52.32

Q1 2017

Shares 33,518 Value ($000) $2,228 Avg Close $45.51 Range $43.01 - $48.38

Q4 2016

Shares 39,761 Value ($000) $2,439 Avg Close $42.62 Range $38.96 - $45.02

Q3 2016

Shares 34,540 Value ($000) $2,115 Avg Close $43.19 Range $40.45 - $45.62

Q2 2016

Shares 39,354 Value ($000) $2,481 Avg Close $42.44 Range $39.39 - $44.88

Q1 2016

Shares 50,383 Value ($000) $3,030 Avg Close $37.32 Range $31.07 - $42.88

Q4 2015

Shares 41,104 Value ($000) $1,908 Avg Close $30.44 Range $27.84 - $33.06

Q3 2015

Shares 79,621 Value ($000) $3,291 Avg Close $28.18 Range $25.38 - $32.28

Q2 2015

Shares 60,373 Value ($000) $2,635 Avg Close $32.61 Range $29.70 - $35.86

Q1 2015

Shares 40,331 Value ($000) $2,035 Avg Close $34.02 Range $32.42 - $35.85

Q4 2014

Shares 65,884 Value ($000) $3,494 Avg Close $35.24 Range $31.42 - $38.13

Q3 2014

Shares 57,123 Value ($000) $2,735 Avg Close $35.67 Range $31.93 - $41.13

Q2 2014

Shares 41,292 Value ($000) $2,535 Avg Close $38.31 Range $36.56 - $40.65

Q1 2014

Shares 67,064 Value ($000) $3,866 Avg Close $36.15 Range $33.35 - $38.82

Q4 2013

Shares 64,749 Value ($000) $3,400 Avg Close $33.02 Range $30.45 - $35.53

Q3 2013

Shares 46,767 Value ($000) $2,331 Avg Close $32.70 Range $30.21 - $35.44

Q2 2013

Shares 66,754 Value ($000) $3,254 Avg Close $30.15 Range $27.57 - $32.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	112,445	$7,805	$66.47	$58.20 - $73.32
Q3 2025	91,362	$5,627	$57.38	$54.13 - $60.96
Q2 2025	199,254	$11,178	$56.47	$52.67 - $59.65
Q1 2025	99,666	$6,044	$56.47	$52.15 - $59.45
Q4 2024	103,304	$6,045	$57.33	$53.67 - $62.19
Q3 2024	98,146	$5,999	$54.39	$49.37 - $58.14
Q2 2024	69,975	$3,805	$50.26	$46.53 - $53.93
Q1 2024	54,669	$2,985	$47.73	$44.68 - $50.77
Q4 2023	75,567	$4,077	$46.16	$41.54 - $51.76
Q3 2023	55,749	$2,820	$50.50	$44.92 - $54.81
Q2 2023	58,639	$3,534	$55.83	$52.26 - $58.57
Q1 2023	61,236	$3,864	$57.47	$51.53 - $64.19
Q4 2022	71,400	$5,022	$58.05	$50.78 - $62.96
Q3 2022	61,103	$4,139	$64.21	$58.14 - $68.58
Q2 2022	74,833	$5,447	$63.81	$56.66 - $68.52
Q1 2022	79,519	$6,123	$58.63	$54.02 - $65.73
Q4 2021	346,863	$24,479	$55.40	$51.95 - $59.51
Q3 2021	347,249	$21,793	$56.46	$51.50 - $60.51
Q2 2021	355,989	$23,363	$55.86	$53.24 - $58.36
Q1 2021	371,140	$24,780	$50.63	$47.19 - $55.19
Q4 2020	314,717	$19,339	$48.27	$42.45 - $52.98
Q3 2020	312,945	$16,738	$45.64	$41.75 - $49.89
Q2 2020	246,923	$13,991	$47.91	$41.68 - $55.82
Q1 2020	232,931	$14,914	$59.44	$37.90 - $68.25
Q4 2019	261,704	$20,554	$60.15	$57.52 - $62.11
Q3 2019	276,292	$21,199	$60.34	$54.21 - $62.80
Q2 2019	270,435	$21,140	$58.01	$54.08 - $63.38
Q1 2019	269,346	$19,950	$52.65	$46.35 - $57.40
Q4 2018	296,229	$18,599	$47.68	$43.15 - $52.00
Q3 2018	325,742	$18,914	$45.23	$42.66 - $48.12
Q2 2018	287,602	$17,604	$42.43	$39.15 - $46.25
Q1 2018	305,311	$16,579	$39.62	$37.38 - $44.38
Q4 2017	282,197	$16,963	$45.46	$41.87 - $51.03
Q3 2017	42,896	$2,954	$50.60	$48.73 - $51.89
Q2 2017	32,935	$2,221	$49.84	$47.18 - $52.32
Q1 2017	33,518	$2,228	$45.51	$43.01 - $48.38
Q4 2016	39,761	$2,439	$42.62	$38.96 - $45.02
Q3 2016	34,540	$2,115	$43.19	$40.45 - $45.62
Q2 2016	39,354	$2,481	$42.44	$39.39 - $44.88
Q1 2016	50,383	$3,030	$37.32	$31.07 - $42.88
Q4 2015	41,104	$1,908	$30.44	$27.84 - $33.06
Q3 2015	79,621	$3,291	$28.18	$25.38 - $32.28
Q2 2015	60,373	$2,635	$32.61	$29.70 - $35.86
Q1 2015	40,331	$2,035	$34.02	$32.42 - $35.85
Q4 2014	65,884	$3,494	$35.24	$31.42 - $38.13
Q3 2014	57,123	$2,735	$35.67	$31.93 - $41.13
Q2 2014	41,292	$2,535	$38.31	$36.56 - $40.65
Q1 2014	67,064	$3,866	$36.15	$33.35 - $38.82
Q4 2013	64,749	$3,400	$33.02	$30.45 - $35.53
Q3 2013	46,767	$2,331	$32.70	$30.21 - $35.44
Q2 2013	66,754	$3,254	$30.15	$27.57 - $32.51