BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

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

Q4 2025

Shares 40,638 Value ($000) $2,821 Avg Close $66.47 Range $58.20 - $73.32

Q2 2022

Shares 100,896 Value ($000) $7,342 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 69,891 Value ($000) $5,383 Avg Close $58.63 Range $54.02 - $65.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,638	$2,821	$66.47	$58.20 - $73.32
Q2 2022	100,896	$7,342	$63.81	$56.66 - $68.52
Q1 2022	69,891	$5,383	$58.63	$54.02 - $65.73