BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Phocas Financial Corp.'s Holding History (CIK: 0001356783)

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

Q4 2025

Shares 154,041 Value ($000) $10,694 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 174,660 Value ($000) $10,757 Avg Close $57.38 Range $54.13 - $60.96

Q2 2025

Shares 171,060 Value ($000) $9,596 Avg Close $56.47 Range $52.67 - $59.65

Q1 2025

Shares 171,060 Value ($000) $10,375 Avg Close $56.47 Range $52.15 - $59.45

Q4 2024

Shares 180,954 Value ($000) $10,589 Avg Close $57.33 Range $53.67 - $62.19

Q3 2024

Shares 182,635 Value ($000) $11 Avg Close $54.39 Range $49.37 - $58.14

Q2 2024

Shares 129,835 Value ($000) $7 Avg Close $50.26 Range $46.53 - $53.93

Q1 2024

Shares 85,042 Value ($000) $5 Avg Close $47.73 Range $44.68 - $50.77

Q4 2023

Shares 87,408 Value ($000) $4,716 Avg Close $46.16 Range $41.54 - $51.76

Q3 2023

Shares 86,556 Value ($000) $4,379 Avg Close $50.50 Range $44.92 - $54.81

Q2 2023

Shares 86,627 Value ($000) $5,220 Avg Close $55.83 Range $52.26 - $58.57

Q1 2023

Shares 51,542 Value ($000) $3,252 Avg Close $57.47 Range $51.53 - $64.19

Q4 2022

Shares 102,010 Value ($000) $7,175 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 102,115 Value ($000) $6,916 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 78,479 Value ($000) $5,711 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 79,371 Value ($000) $6,113 Avg Close $58.63 Range $54.02 - $65.73

Q4 2021

Shares 80,705 Value ($000) $5,695 Avg Close $55.40 Range $51.95 - $59.51

Q3 2021

Shares 82,647 Value ($000) $5,187 Avg Close $56.46 Range $51.50 - $60.51

Q2 2021

Shares 82,165 Value ($000) $5,392 Avg Close $55.86 Range $53.24 - $58.36

Q1 2021

Shares 85,919 Value ($000) $5,737 Avg Close $50.63 Range $47.19 - $55.19

Q4 2020

Shares 89,130 Value ($000) $5,477 Avg Close $48.27 Range $42.45 - $52.98

Q3 2020

Shares 107,286 Value ($000) $5,738 Avg Close $45.64 Range $41.75 - $49.89

Q2 2020

Shares 71,010 Value ($000) $4,023 Avg Close $47.91 Range $41.68 - $55.82

Q1 2020

Shares 62,079 Value ($000) $3,974 Avg Close $59.44 Range $37.90 - $68.25

Q4 2019

Shares 67,556 Value ($000) $5,305 Avg Close $60.15 Range $57.52 - $62.11

Q3 2019

Shares 84,583 Value ($000) $6,490 Avg Close $60.34 Range $54.21 - $62.80

Q2 2019

Shares 84,665 Value ($000) $6,618 Avg Close $58.01 Range $54.08 - $63.38

Q1 2019

Shares 93,815 Value ($000) $6,949 Avg Close $52.65 Range $46.35 - $57.40

Q4 2018

Shares 94,911 Value ($000) $5,959 Avg Close $47.68 Range $43.15 - $52.00

Q3 2018

Shares 97,097 Value ($000) $5,640 Avg Close $45.23 Range $42.66 - $48.12

Q2 2018

Shares 98,923 Value ($000) $6,055 Avg Close $42.43 Range $39.15 - $46.25

Q1 2018

Shares 99,877 Value ($000) $5,423 Avg Close $39.62 Range $37.38 - $44.38

Q4 2017

Shares 105,554 Value ($000) $6,345 Avg Close $45.46 Range $41.87 - $51.03

Q3 2017

Shares 110,040 Value ($000) $8 Avg Close $50.60 Range $48.73 - $51.89

Q2 2017

Shares 107,572 Value ($000) $7,258 Avg Close $49.84 Range $47.18 - $52.32

Q1 2017

Shares 108,578 Value ($000) $7,217 Avg Close $45.51 Range $43.01 - $48.38

Q4 2016

Shares 176,540 Value ($000) $10,829 Avg Close $42.62 Range $38.96 - $45.02

Q3 2016

Shares 174,029 Value ($000) $10,654 Avg Close $43.19 Range $40.45 - $45.62

Q2 2016

Shares 189,947 Value ($000) $11,974 Avg Close $42.44 Range $39.39 - $44.88

Q1 2016

Shares 178,433 Value ($000) $10,729 Avg Close $37.32 Range $31.07 - $42.88

Q4 2015

Shares 185,416 Value ($000) $8,609 Avg Close $30.44 Range $27.84 - $33.06

Q3 2015

Shares 139,309 Value ($000) $5,759 Avg Close $28.18 Range $25.38 - $32.28

Q2 2015

Shares 125,026 Value ($000) $5,457 Avg Close $32.61 Range $29.70 - $35.86

Q1 2015

Shares 129,681 Value ($000) $6,541 Avg Close $34.02 Range $32.42 - $35.85

Q4 2014

Shares 106,428 Value ($000) $5,645 Avg Close $35.24 Range $31.42 - $38.13

Q3 2014

Shares 111,289 Value ($000) $5,329 Avg Close $35.67 Range $31.93 - $41.13

Q2 2014

Shares 107,708 Value ($000) $6,612 Avg Close $38.31 Range $36.56 - $40.65

Q1 2014

Shares 92,483 Value ($000) $5,332 Avg Close $36.15 Range $33.35 - $38.82

Q4 2013

Shares 100,552 Value ($000) $5,280 Avg Close $33.02 Range $30.45 - $35.53

Q3 2013

Shares 101,749 Value ($000) $5,073 Avg Close $32.70 Range $30.21 - $35.44

Q2 2013

Shares 101,090 Value ($000) $4,928 Avg Close $30.15 Range $27.57 - $32.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	154,041	$10,694	$66.47	$58.20 - $73.32
Q3 2025	174,660	$10,757	$57.38	$54.13 - $60.96
Q2 2025	171,060	$9,596	$56.47	$52.67 - $59.65
Q1 2025	171,060	$10,375	$56.47	$52.15 - $59.45
Q4 2024	180,954	$10,589	$57.33	$53.67 - $62.19
Q3 2024	182,635	$11	$54.39	$49.37 - $58.14
Q2 2024	129,835	$7	$50.26	$46.53 - $53.93
Q1 2024	85,042	$5	$47.73	$44.68 - $50.77
Q4 2023	87,408	$4,716	$46.16	$41.54 - $51.76
Q3 2023	86,556	$4,379	$50.50	$44.92 - $54.81
Q2 2023	86,627	$5,220	$55.83	$52.26 - $58.57
Q1 2023	51,542	$3,252	$57.47	$51.53 - $64.19
Q4 2022	102,010	$7,175	$58.05	$50.78 - $62.96
Q3 2022	102,115	$6,916	$64.21	$58.14 - $68.58
Q2 2022	78,479	$5,711	$63.81	$56.66 - $68.52
Q1 2022	79,371	$6,113	$58.63	$54.02 - $65.73
Q4 2021	80,705	$5,695	$55.40	$51.95 - $59.51
Q3 2021	82,647	$5,187	$56.46	$51.50 - $60.51
Q2 2021	82,165	$5,392	$55.86	$53.24 - $58.36
Q1 2021	85,919	$5,737	$50.63	$47.19 - $55.19
Q4 2020	89,130	$5,477	$48.27	$42.45 - $52.98
Q3 2020	107,286	$5,738	$45.64	$41.75 - $49.89
Q2 2020	71,010	$4,023	$47.91	$41.68 - $55.82
Q1 2020	62,079	$3,974	$59.44	$37.90 - $68.25
Q4 2019	67,556	$5,305	$60.15	$57.52 - $62.11
Q3 2019	84,583	$6,490	$60.34	$54.21 - $62.80
Q2 2019	84,665	$6,618	$58.01	$54.08 - $63.38
Q1 2019	93,815	$6,949	$52.65	$46.35 - $57.40
Q4 2018	94,911	$5,959	$47.68	$43.15 - $52.00
Q3 2018	97,097	$5,640	$45.23	$42.66 - $48.12
Q2 2018	98,923	$6,055	$42.43	$39.15 - $46.25
Q1 2018	99,877	$5,423	$39.62	$37.38 - $44.38
Q4 2017	105,554	$6,345	$45.46	$41.87 - $51.03
Q3 2017	110,040	$8	$50.60	$48.73 - $51.89
Q2 2017	107,572	$7,258	$49.84	$47.18 - $52.32
Q1 2017	108,578	$7,217	$45.51	$43.01 - $48.38
Q4 2016	176,540	$10,829	$42.62	$38.96 - $45.02
Q3 2016	174,029	$10,654	$43.19	$40.45 - $45.62
Q2 2016	189,947	$11,974	$42.44	$39.39 - $44.88
Q1 2016	178,433	$10,729	$37.32	$31.07 - $42.88
Q4 2015	185,416	$8,609	$30.44	$27.84 - $33.06
Q3 2015	139,309	$5,759	$28.18	$25.38 - $32.28
Q2 2015	125,026	$5,457	$32.61	$29.70 - $35.86
Q1 2015	129,681	$6,541	$34.02	$32.42 - $35.85
Q4 2014	106,428	$5,645	$35.24	$31.42 - $38.13
Q3 2014	111,289	$5,329	$35.67	$31.93 - $41.13
Q2 2014	107,708	$6,612	$38.31	$36.56 - $40.65
Q1 2014	92,483	$5,332	$36.15	$33.35 - $38.82
Q4 2013	100,552	$5,280	$33.02	$30.45 - $35.53
Q3 2013	101,749	$5,073	$32.70	$30.21 - $35.44
Q2 2013	101,090	$4,928	$30.15	$27.57 - $32.51