BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

VICTORY CAPITAL MANAGEMENT INC's Holding History (CIK: 0001040188)

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

Q4 2025

Shares 706,327 Value ($000) $49,033 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 727,443 Value ($000) $44,803 Avg Close $57.38 Range $54.13 - $60.96

Q2 2025

Shares 707,574 Value ($000) $39,695 Avg Close $56.47 Range $52.67 - $59.65

Q1 2025

Shares 652,003 Value ($000) $39,544 Avg Close $56.47 Range $52.15 - $59.45

Q4 2024

Shares 551,582 Value ($000) $32,279 Avg Close $57.33 Range $53.67 - $62.19

Q3 2024

Shares 462,401 Value ($000) $28,262 Avg Close $54.39 Range $49.37 - $58.14

Q2 2024

Shares 481,415 Value ($000) $26,179 Avg Close $50.26 Range $46.53 - $53.93

Q1 2024

Shares 311,588 Value ($000) $17,013 Avg Close $47.73 Range $44.68 - $50.77

Q4 2023

Shares 170,781 Value ($000) $9,214 Avg Close $46.16 Range $41.54 - $51.76

Q3 2023

Shares 159,232 Value ($000) $8,056 Avg Close $50.50 Range $44.92 - $54.81

Q2 2023

Shares 185,469 Value ($000) $11,176 Avg Close $55.83 Range $52.26 - $58.57

Q1 2023

Shares 177,847 Value ($000) $11,222 Avg Close $57.47 Range $51.53 - $64.19

Q4 2022

Shares 737,712 Value ($000) $51,891 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 737,061 Value ($000) $49,921 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 843,657 Value ($000) $61,392 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 846,747 Value ($000) $65,162 Avg Close $58.63 Range $54.02 - $65.73

Q4 2021

Shares 443,360 Value ($000) $31,288 Avg Close $55.40 Range $51.95 - $59.51

Q3 2021

Shares 450,627 Value ($000) $28,281 Avg Close $56.46 Range $51.50 - $60.51

Q2 2021

Shares 553,313 Value ($000) $36,314 Avg Close $55.86 Range $53.24 - $58.36

Q1 2021

Shares 488,325 Value ($000) $32,605 Avg Close $50.63 Range $47.19 - $55.19

Q4 2020

Shares 529,914 Value ($000) $32,563 Avg Close $48.27 Range $42.45 - $52.98

Q3 2020

Shares 431,479 Value ($000) $23,079 Avg Close $45.64 Range $41.75 - $49.89

Q2 2020

Shares 597,619 Value ($000) $33,861 Avg Close $47.91 Range $41.68 - $55.82

Q1 2020

Shares 687,253 Value ($000) $44,005 Avg Close $59.44 Range $37.90 - $68.25

Q4 2019

Shares 583,717 Value ($000) $45,845 Avg Close $60.15 Range $57.52 - $62.11

Q3 2019

Shares 609,565 Value ($000) $46,772 Avg Close $60.34 Range $54.21 - $62.80

Q2 2019

Shares 629,069 Value ($000) $49,174 Avg Close $58.01 Range $54.08 - $63.38

Q1 2019

Shares 884,950 Value ($000) $65,548 Avg Close $52.65 Range $46.35 - $57.40

Q4 2018

Shares 1,233,339 Value ($000) $77,429 Avg Close $47.68 Range $43.15 - $52.00

Q3 2018

Shares 1,324,286 Value ($000) $76,928 Avg Close $45.23 Range $42.66 - $48.12

Q2 2018

Shares 1,368,506 Value ($000) $83,766 Avg Close $42.43 Range $39.15 - $46.25

Q1 2018

Shares 1,275,945 Value ($000) $69,284 Avg Close $39.62 Range $37.38 - $44.38

Q4 2017

Shares 703,754 Value ($000) $42,303 Avg Close $45.46 Range $41.87 - $51.03

Q3 2017

Shares 1,120,633 Value ($000) $77,178 Avg Close $50.60 Range $48.73 - $51.89

Q2 2017

Shares 1,174,272 Value ($000) $79,228 Avg Close $49.84 Range $47.18 - $52.32

Q1 2017

Shares 1,258,123 Value ($000) $83,628 Avg Close $45.51 Range $43.01 - $48.38

Q4 2016

Shares 1,314,891 Value ($000) $80,656 Avg Close $42.62 Range $38.96 - $45.02

Q3 2016

Shares 1,266,957 Value ($000) $77,563 Avg Close $43.19 Range $40.45 - $45.62

Q2 2016

Shares 1,101,775 Value ($000) $69,455 Avg Close $42.44 Range $39.39 - $44.88

Q1 2016

Shares 1,155,966 Value ($000) $69,508 Avg Close $37.32 Range $31.07 - $42.88

Q4 2015

Shares 761,877 Value ($000) $35,374 Avg Close $30.44 Range $27.84 - $33.06

Q3 2015

Shares 757,159 Value ($000) $31,300 Avg Close $28.18 Range $25.38 - $32.28

Q2 2015

Shares 753,325 Value ($000) $32,882 Avg Close $32.61 Range $29.70 - $35.86

Q4 2014

Shares 778,665 Value ($000) $41,300 Avg Close $35.24 Range $31.42 - $38.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	706,327	$49,033	$66.47	$58.20 - $73.32
Q3 2025	727,443	$44,803	$57.38	$54.13 - $60.96
Q2 2025	707,574	$39,695	$56.47	$52.67 - $59.65
Q1 2025	652,003	$39,544	$56.47	$52.15 - $59.45
Q4 2024	551,582	$32,279	$57.33	$53.67 - $62.19
Q3 2024	462,401	$28,262	$54.39	$49.37 - $58.14
Q2 2024	481,415	$26,179	$50.26	$46.53 - $53.93
Q1 2024	311,588	$17,013	$47.73	$44.68 - $50.77
Q4 2023	170,781	$9,214	$46.16	$41.54 - $51.76
Q3 2023	159,232	$8,056	$50.50	$44.92 - $54.81
Q2 2023	185,469	$11,176	$55.83	$52.26 - $58.57
Q1 2023	177,847	$11,222	$57.47	$51.53 - $64.19
Q4 2022	737,712	$51,891	$58.05	$50.78 - $62.96
Q3 2022	737,061	$49,921	$64.21	$58.14 - $68.58
Q2 2022	843,657	$61,392	$63.81	$56.66 - $68.52
Q1 2022	846,747	$65,162	$58.63	$54.02 - $65.73
Q4 2021	443,360	$31,288	$55.40	$51.95 - $59.51
Q3 2021	450,627	$28,281	$56.46	$51.50 - $60.51
Q2 2021	553,313	$36,314	$55.86	$53.24 - $58.36
Q1 2021	488,325	$32,605	$50.63	$47.19 - $55.19
Q4 2020	529,914	$32,563	$48.27	$42.45 - $52.98
Q3 2020	431,479	$23,079	$45.64	$41.75 - $49.89
Q2 2020	597,619	$33,861	$47.91	$41.68 - $55.82
Q1 2020	687,253	$44,005	$59.44	$37.90 - $68.25
Q4 2019	583,717	$45,845	$60.15	$57.52 - $62.11
Q3 2019	609,565	$46,772	$60.34	$54.21 - $62.80
Q2 2019	629,069	$49,174	$58.01	$54.08 - $63.38
Q1 2019	884,950	$65,548	$52.65	$46.35 - $57.40
Q4 2018	1,233,339	$77,429	$47.68	$43.15 - $52.00
Q3 2018	1,324,286	$76,928	$45.23	$42.66 - $48.12
Q2 2018	1,368,506	$83,766	$42.43	$39.15 - $46.25
Q1 2018	1,275,945	$69,284	$39.62	$37.38 - $44.38
Q4 2017	703,754	$42,303	$45.46	$41.87 - $51.03
Q3 2017	1,120,633	$77,178	$50.60	$48.73 - $51.89
Q2 2017	1,174,272	$79,228	$49.84	$47.18 - $52.32
Q1 2017	1,258,123	$83,628	$45.51	$43.01 - $48.38
Q4 2016	1,314,891	$80,656	$42.62	$38.96 - $45.02
Q3 2016	1,266,957	$77,563	$43.19	$40.45 - $45.62
Q2 2016	1,101,775	$69,455	$42.44	$39.39 - $44.88
Q1 2016	1,155,966	$69,508	$37.32	$31.07 - $42.88
Q4 2015	761,877	$35,374	$30.44	$27.84 - $33.06
Q3 2015	757,159	$31,300	$28.18	$25.38 - $32.28
Q2 2015	753,325	$32,882	$32.61	$29.70 - $35.86
Q4 2014	778,665	$41,300	$35.24	$31.42 - $38.13