Dark
Light
System
Security
BLACK HILLS CORP
BLACK HILLS CORP. Institutional holdings reported to the SEC.

Institutional Holders (2017Q1)
Portfolio Summary: 256 Institutional holders with a total value of $3,386,369,146.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 BlackRock Finance, Inc. 8,243,687 547,958,000 16.18%
2 VANGUARD GROUP INC 5,104,297 339,282,000 10.02%
3 STATE STREET CORP 4,949,143 328,975,000 9.71%
4 GOLDMAN SACHS GROUP INC 2,322,688 154,389,000 4.56%
5 WELLINGTON MANAGEMENT GROUP LLP 1,938,261 128,836,000 3.80%
6 LORD, ABBETT & CO. LLC 1,390,703 92,440,000 2.73%
7 ADAGE CAPITAL PARTNERS GP, L.L.C. 1,310,210 87,090,000 2.57%
8 VICTORY CAPITAL MANAGEMENT INC 1,258,123 83,628,000 2.47%
9 CRAMER ROSENTHAL MCGLYNN LLC 1,089,391 72,412,000 2.14%
10 DUFF & PHELPS INVESTMENT MANAGEMENT CO 1,068,185 71,002,000 2.10%
11 DIMENSIONAL FUND ADVISORS LP 970,853 64,531,000 1.91%
12 FMR LLC 917,351 60,976,000 1.80%
13 Perkins Investment Management, LLC 879,060 58,431,000 1.73%
14 GABELLI FUNDS LLC 848,500 56,400,000 1.67%
15 MACQUARIE GROUP LTD 818,213 54,387,000 1.61%
16 NORTHERN TRUST CORP 816,353 54,262,000 1.60%
17 Bank of New York Mellon Corp 810,355 53,865,000 1.59%
18 MANUFACTURERS LIFE INSURANCE COMPANY, THE 755,368 50,209,000 1.48%
19 BANK OF AMERICA CORP /DE/ 690,965 45,928,000 1.36%
20 Epoch Investment Partners, Inc. 598,280 39,768,000 1.17%
21 KEELEY-TETON ADVISORS, LLC 538,224 35,776,000 1.06%
22 RENAISSANCE TECHNOLOGIES LLC 530,300 35,249,000 1.04%
23 FRANKLIN RESOURCES INC 500,000 33,235,000 0.98%
24 CITADEL ADVISORS LLC 475,493 31,606,000 0.93%
25 Allianz Asset Management GmbH 421,100 27,991,000 0.83%
26 ROTHSCHILD & CO ASSET MANAGEMENT US INC. 414,570 27,556,000 0.81%
27 GEODE CAPITAL MANAGEMENT, LLC 412,080 27,390,000 0.81%
28 GAMCO INVESTORS, INC. ET AL 410,926 27,314,000 0.81%
29 VOYA INVESTMENT MANAGEMENT LLC 383,808 25,512,000 0.75%
30 AMERIPRISE FINANCIAL INC 383,780 25,512,000 0.75%
31 Neuberger Berman Group LLC 381,987 25,391,000 0.75%
32 PANAGORA ASSET MANAGEMENT INC 366,864 24,385,000 0.72%
33 STRS OHIO 340,900 22,659,000 0.67%
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 319,398 21,231,000 0.63%
35 PRICE T ROWE ASSOCIATES INC /MD/ 315,917 20,999,000 0.62%
36 DEUTSCHE BANK AG\ 294,851 19,596,000 0.58%
37 FIRST TRUST ADVISORS LP 287,779 19,129,000 0.56%
38 KENNEDY CAPITAL MANAGEMENT LLC 278,198 18,492,000 0.55%
39 ProShare Advisors LLC 272,184 18,092,000 0.53%
40 MORGAN STANLEY 243,868 16,210,000 0.48%
41 Hillcrest Asset Management LLC 220,825 14,678,000 0.43%
42 PRINCIPAL FINANCIAL GROUP INC 215,440 14,320,000 0.42%
43 GUGGENHEIM CAPITAL LLC 213,927 14,221,000 0.42%
44 CHARTWELL INVESTMENT PARTNERS, LLC 188,092 12,502,000 0.37%
45 Legal & General Group Plc 185,416 12,317,000 0.36%
46 STATE OF WISCONSIN INVESTMENT BOARD 170,406 11,327,000 0.33%
47 Nationwide Fund Advisors 156,788 10,422,000 0.31%
48 SYSTEMATIC FINANCIAL MANAGEMENT LP 154,837 10,292,000 0.30%
49 TIAA CREF INVESTMENT MANAGEMENT LLC 139,779 9,291,000 0.27%
50 AMERICAN INTERNATIONAL GROUP, INC. 136,550 9,076,000 0.27%
Page 1 of 6

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.