Covalis Capital’s Black Hills Corp BKH Stock Holding History

Covalis Capital’s Portfolio BKH Stock Details BKH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$110M	Sell	1,481,404 -271,442	-15%	-$20M	6.22%	2
2026 Q1	$122M	Sell	1,752,846 -304,314	-15%	-$21.9M	7.48%	2
2025 Q4	$143M	Buy	+2,057,160	New	+$139M	10.03%	2
2018 Q2	–	Sell	-21,627	Closed	-$1.17M	–	33
2018 Q1	$1.17M	Buy	+21,627	New	+$1.16M	0.85%	21

Other funds holding BKH

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

NAMI

Nomura Asset Management International Philadelphia, Pennsylvania $66.6B AUM

AQR Capital Management Greenwich, Connecticut $287B AUM 42.33% 1-Year Est. Return

Point72 Asset Management Stamford, Connecticut $90.7B AUM 77.13% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Covalis Capital's BKH Position: Q2 2026 in Review

Covalis Capital reduced its Black Hills Corp (BKH) stake by 15% in Q2 2026, selling an estimated $20M and leaving 1,481,404 shares worth $110M. The position accounts for 6.22% of the portfolio, ranked #2.

Covalis Capital first reported a position in BKH in Q1 2018 and has held it in 4 quarters since. The position peaked at $143M in Q4 2025. 476 funds tracked by Wall St. Rank hold BKH as of Q2 2026.

Covalis Capital held 1,481,404 shares of Black Hills Corp worth $110M as of Q2 2026.
Covalis Capital sold 271,442 Black Hills Corp shares in Q2 2026, an estimated $20M.
Black Hills Corp made up 6.22% of Covalis Capital's portfolio in Q2 2026, its #2 holding.
Covalis Capital first reported a position in Black Hills Corp in Q1 2018 and has held it in 4 quarters since.
Covalis Capital's Black Hills Corp position peaked at $143M in Q4 2025.
476 funds tracked by Wall St. Rank held Black Hills Corp as of Q2 2026.

Based on Covalis Capital's 13F filing for Q2 2026, filed 13 Aug 2026.