Black Hills Corporation
US ˙ NYSE ˙ US0921131092

SecurityBKH / Black Hills Corporation
InstitutionKBC Group NV
Latest Disclosed Ownership2,538 shares
Latest Disclosed Value $ 176
KBC Group NV reports 33.16% increase in ownership of BKH / Black Hills Corporation

On May 7, 2026 - KBC Group NV filed a 13F-HR form disclosing ownership of 2,538 shares of Black Hills Corporation (US:BKH) valued at $176,163 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 1,906 shares of Black Hills Corporation. The current value of the position is $181,391 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-07 2026-03-31 13F BLACK HILLS COM 092113109 2,538 632 33.16 0 0.0002
2026-01-26 2025-12-31 13F BLACK HILLS COM 092113109 1,906 0 0.00 0 0.0003
2026-01-20 2025-09-30 13F BLACK HILLS COM 092113109 1,906 0 0.00 0 0.0003
2025-08-08 2025-06-30 13F BLACK HILLS COM 092113109 1,906 -11,628 -85.92 0 0.0003
2025-04-25 2025-03-31 13F BLACK HILLS COM 092113109 13,534 10,827 399.96 1 0.0025
2025-01-22 2024-12-31 13F BLACK HILLS COM 092113109 2,707 748 38.18 0 0.0004
2024-11-06 2024-09-30 13F BLACK HILLS COM 092113109 1,959 -9 -0.46 0 0.0004
2024-07-17 2024-06-30 13F BLACK HILLS COM 092113109 1,968 412 26.48 0 0.0003
2024-05-08 2024-03-31 13F BLACK HILLS COM 092113109 1,556 607 63.96 0 0.0003
2024-02-13 2023-12-31 13F BLACK HILLS COM 092113109 949 0 0.00 0 0.0002
2024-02-15 2023-09-30 13F/A-1 BLACK HILLS COM 092113109 949 949 0 0.0002
2018-08-03 2018-06-30 13F BLACK HILLS COM 092113109 0 -437 -100.00 0 -100.00
2018-08-03 2018-03-31 13F/A-1 BLACK HILLS COM 092113109 437 -2,659 -85.89 24 -87.10 0.0002
2018-05-09 2018-03-31 13F BLACK HILLS COM 092113109 437 -2,659 24
2018-08-03 2017-12-31 13F/A-1 BLACK HILLS COM 092113109 3,096 183 6.28 186 -7.46 0.0016
2018-02-07 2017-12-31 13F BLACK HILLS COM 092113109 3,096 183 186
2017-11-13 2017-09-30 13F BLACK HILLS COM 092113109 2,913 625 27.32 201 30.52 0.0018
2017-08-04 2017-06-30 13F BLACK HILLS COM 092113109 2,288 -15,283 -86.98 154 -86.82 0.0015
2017-05-10 2017-03-31 13F BLACK HILLS COM 092113109 17,571 284 1.64 1,168 10.19 0.0105
2017-02-16 2016-12-31 13F BLACK HILLS COM 092113109 17,287 14,368 492.22 1,060 492.18 0.0105
2016-11-03 2016-09-30 13F BLACK HILLS COM 092113109 2,919 2,919 0.00 179 0.0021
2016-05-11 2016-03-31 13F BLACK HILLS COM 092113109 0 -42,980 -100.00 0 -100.00
2016-02-11 2015-12-31 13F BLACK HILLS COM 092113109 42,980 23,462 120.21 1,996 147.34 0.0368
2015-11-12 2015-09-30 13F BLACK HILLS COM 092113109 19,518 2,177 12.55 807 6.61 0.0162
2015-12-16 2015-06-30 13F/A-1 BLACK HILLS COM 092113109 17,341 -5,183 -23.01 757 -33.36 0.0097
2015-07-31 2015-06-30 13F BLACK HILLS COM 092113109 17,341 757
2015-12-16 2015-03-31 13F/A-1 BLACK HILLS COM 092113109 22,524 0 0.00 1,136 -4.94 0.0144
2015-04-30 2015-03-31 13F BLACK HILLS COM 092113109 22,524 1,136
2015-12-15 2014-12-31 13F/A-1 BLACK HILLS COM 092113109 22,524 22,524 1,195 0.0142
2015-02-12 2014-12-31 13F BLACK HILLS COM 092113109 22,524 1,195
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.