BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

GABELLI FUNDS LLC's Holding History (CIK: 0001081407)

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

Q4 2025

Shares 533,331 Value ($000) $37,024 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 538,245 Value ($000) $33,151 Avg Close $57.38 Range $54.13 - $60.96

Q2 2025

Shares 537,873 Value ($000) $30,175 Avg Close $56.47 Range $52.67 - $59.65

Q1 2025

Shares 455,100 Value ($000) $27,602 Avg Close $56.47 Range $52.15 - $59.45

Q4 2024

Shares 456,600 Value ($000) $26,720 Avg Close $57.33 Range $53.67 - $62.19

Q3 2024

Shares 457,100 Value ($000) $27,938 Avg Close $54.39 Range $49.37 - $58.14

Q2 2024

Shares 457,600 Value ($000) $24,884 Avg Close $50.26 Range $46.53 - $53.93

Q1 2024

Shares 459,000 Value ($000) $25,061 Avg Close $47.73 Range $44.68 - $50.77

Q4 2023

Shares 460,100 Value ($000) $24,822 Avg Close $46.16 Range $41.54 - $51.76

Q3 2023

Shares 460,600 Value ($000) $23,302 Avg Close $50.50 Range $44.92 - $54.81

Q2 2023

Shares 462,600 Value ($000) $27,876 Avg Close $55.83 Range $52.26 - $58.57

Q1 2023

Shares 464,108 Value ($000) $29,285 Avg Close $57.47 Range $51.53 - $64.19

Q4 2022

Shares 457,600 Value ($000) $32,188 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 457,600 Value ($000) $30,993 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 460,100 Value ($000) $33,481 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 461,600 Value ($000) $35,552 Avg Close $58.63 Range $54.02 - $65.73

Q4 2021

Shares 466,100 Value ($000) $32,893 Avg Close $55.40 Range $51.95 - $59.51

Q3 2021

Shares 470,600 Value ($000) $29,535 Avg Close $56.46 Range $51.50 - $60.51

Q2 2021

Shares 471,600 Value ($000) $30,951 Avg Close $55.86 Range $53.24 - $58.36

Q1 2021

Shares 476,600 Value ($000) $31,823 Avg Close $50.63 Range $47.19 - $55.19

Q4 2020

Shares 477,600 Value ($000) $29,349 Avg Close $48.27 Range $42.45 - $52.98

Q3 2020

Shares 477,600 Value ($000) $25,547 Avg Close $45.64 Range $41.75 - $49.89

Q2 2020

Shares 477,600 Value ($000) $27,061 Avg Close $47.91 Range $41.68 - $55.82

Q1 2020

Shares 467,600 Value ($000) $29,940 Avg Close $59.44 Range $37.90 - $68.25

Q4 2019

Shares 469,600 Value ($000) $36,882 Avg Close $60.15 Range $57.52 - $62.11

Q3 2019

Shares 496,000 Value ($000) $38,058 Avg Close $60.34 Range $54.21 - $62.80

Q2 2019

Shares 531,400 Value ($000) $41,540 Avg Close $58.01 Range $54.08 - $63.38

Q1 2019

Shares 652,400 Value ($000) $48,323 Avg Close $52.65 Range $46.35 - $57.40

Q4 2018

Shares 717,400 Value ($000) $45,038 Avg Close $47.68 Range $43.15 - $52.00

Q3 2018

Shares 765,400 Value ($000) $44,462 Avg Close $45.23 Range $42.66 - $48.12

Q2 2018

Shares 782,800 Value ($000) $47,915 Avg Close $42.43 Range $39.15 - $46.25

Q1 2018

Shares 789,200 Value ($000) $42,854 Avg Close $39.62 Range $37.38 - $44.38

Q4 2017

Shares 794,200 Value ($000) $47,739 Avg Close $45.46 Range $41.87 - $51.03

Q3 2017

Shares 798,200 Value ($000) $54,972 Avg Close $50.60 Range $48.73 - $51.89

Q2 2017

Shares 816,500 Value ($000) $55,089 Avg Close $49.84 Range $47.18 - $52.32

Q1 2017

Shares 848,500 Value ($000) $56,400 Avg Close $45.51 Range $43.01 - $48.38

Q4 2016

Shares 876,500 Value ($000) $53,765 Avg Close $42.62 Range $38.96 - $45.02

Q3 2016

Shares 883,500 Value ($000) $54,088 Avg Close $43.19 Range $40.45 - $45.62

Q2 2016

Shares 896,500 Value ($000) $56,515 Avg Close $42.44 Range $39.39 - $44.88

Q1 2016

Shares 926,500 Value ($000) $55,710 Avg Close $37.32 Range $31.07 - $42.88

Q4 2015

Shares 1,015,500 Value ($000) $47,150 Avg Close $30.44 Range $27.84 - $33.06

Q3 2015

Shares 1,023,500 Value ($000) $42,311 Avg Close $28.18 Range $25.38 - $32.28

Q2 2015

Shares 1,033,500 Value ($000) $45,112 Avg Close $32.61 Range $29.70 - $35.86

Q1 2015

Shares 1,028,500 Value ($000) $51,878 Avg Close $34.02 Range $32.42 - $35.85

Q4 2014

Shares 1,239,500 Value ($000) $65,743 Avg Close $35.24 Range $31.42 - $38.13

Q3 2014

Shares 1,253,500 Value ($000) $60,018 Avg Close $35.67 Range $31.93 - $41.13

Q2 2014

Shares 1,254,500 Value ($000) $77,014 Avg Close $38.31 Range $36.56 - $40.65

Q1 2014

Shares 1,256,000 Value ($000) $72,408 Avg Close $36.15 Range $33.35 - $38.82

Q4 2013

Shares 1,260,500 Value ($000) $66,189 Avg Close $33.02 Range $30.45 - $35.53

Q3 2013

Shares 1,267,500 Value ($000) $63,198 Avg Close $32.70 Range $30.21 - $35.44

Q2 2013

Shares 1,273,000 Value ($000) $62,059 Avg Close $30.15 Range $27.57 - $32.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	533,331	$37,024	$66.47	$58.20 - $73.32
Q3 2025	538,245	$33,151	$57.38	$54.13 - $60.96
Q2 2025	537,873	$30,175	$56.47	$52.67 - $59.65
Q1 2025	455,100	$27,602	$56.47	$52.15 - $59.45
Q4 2024	456,600	$26,720	$57.33	$53.67 - $62.19
Q3 2024	457,100	$27,938	$54.39	$49.37 - $58.14
Q2 2024	457,600	$24,884	$50.26	$46.53 - $53.93
Q1 2024	459,000	$25,061	$47.73	$44.68 - $50.77
Q4 2023	460,100	$24,822	$46.16	$41.54 - $51.76
Q3 2023	460,600	$23,302	$50.50	$44.92 - $54.81
Q2 2023	462,600	$27,876	$55.83	$52.26 - $58.57
Q1 2023	464,108	$29,285	$57.47	$51.53 - $64.19
Q4 2022	457,600	$32,188	$58.05	$50.78 - $62.96
Q3 2022	457,600	$30,993	$64.21	$58.14 - $68.58
Q2 2022	460,100	$33,481	$63.81	$56.66 - $68.52
Q1 2022	461,600	$35,552	$58.63	$54.02 - $65.73
Q4 2021	466,100	$32,893	$55.40	$51.95 - $59.51
Q3 2021	470,600	$29,535	$56.46	$51.50 - $60.51
Q2 2021	471,600	$30,951	$55.86	$53.24 - $58.36
Q1 2021	476,600	$31,823	$50.63	$47.19 - $55.19
Q4 2020	477,600	$29,349	$48.27	$42.45 - $52.98
Q3 2020	477,600	$25,547	$45.64	$41.75 - $49.89
Q2 2020	477,600	$27,061	$47.91	$41.68 - $55.82
Q1 2020	467,600	$29,940	$59.44	$37.90 - $68.25
Q4 2019	469,600	$36,882	$60.15	$57.52 - $62.11
Q3 2019	496,000	$38,058	$60.34	$54.21 - $62.80
Q2 2019	531,400	$41,540	$58.01	$54.08 - $63.38
Q1 2019	652,400	$48,323	$52.65	$46.35 - $57.40
Q4 2018	717,400	$45,038	$47.68	$43.15 - $52.00
Q3 2018	765,400	$44,462	$45.23	$42.66 - $48.12
Q2 2018	782,800	$47,915	$42.43	$39.15 - $46.25
Q1 2018	789,200	$42,854	$39.62	$37.38 - $44.38
Q4 2017	794,200	$47,739	$45.46	$41.87 - $51.03
Q3 2017	798,200	$54,972	$50.60	$48.73 - $51.89
Q2 2017	816,500	$55,089	$49.84	$47.18 - $52.32
Q1 2017	848,500	$56,400	$45.51	$43.01 - $48.38
Q4 2016	876,500	$53,765	$42.62	$38.96 - $45.02
Q3 2016	883,500	$54,088	$43.19	$40.45 - $45.62
Q2 2016	896,500	$56,515	$42.44	$39.39 - $44.88
Q1 2016	926,500	$55,710	$37.32	$31.07 - $42.88
Q4 2015	1,015,500	$47,150	$30.44	$27.84 - $33.06
Q3 2015	1,023,500	$42,311	$28.18	$25.38 - $32.28
Q2 2015	1,033,500	$45,112	$32.61	$29.70 - $35.86
Q1 2015	1,028,500	$51,878	$34.02	$32.42 - $35.85
Q4 2014	1,239,500	$65,743	$35.24	$31.42 - $38.13
Q3 2014	1,253,500	$60,018	$35.67	$31.93 - $41.13
Q2 2014	1,254,500	$77,014	$38.31	$36.56 - $40.65
Q1 2014	1,256,000	$72,408	$36.15	$33.35 - $38.82
Q4 2013	1,260,500	$66,189	$33.02	$30.45 - $35.53
Q3 2013	1,267,500	$63,198	$32.70	$30.21 - $35.44
Q2 2013	1,273,000	$62,059	$30.15	$27.57 - $32.51