Dark Forest Capital Management’s Black Hills Corp BKH Stock Holding History

Dark Forest Capital Management’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	–	Sell	-29,798	Closed	-$2.07M	–	812
2026 Q1	$2.07M	Buy	29,798 +15,205	+104%	+$1.09M	0.18%	150
2025 Q4	$1.01M	Sell	14,593 -85,410	-85%	-$5.76M	0.05%	645
2025 Q3	$6.16M	Sell	100,003 -6,270	-6%	-$369K	0.23%	81
2025 Q2	$5.96M	Buy	+106,273	New	+$6.22M	0.24%	72
2025 Q1	–	Sell	-3,709	Closed	-$217K	–	1232
2024 Q4	$217K	Buy	+3,709	New	+$226K	0.03%	797
2023 Q2	–	Sell	-1,815	Closed	-$115K	–	1060
2023 Q1	$115K	Buy	+1,815	New	+$120K	0.03%	613
2022 Q2	–	Sell	-210	Closed	-$16K	–	914
2022 Q1	$16K	Buy	210 +145	+223%	+$10.1K	﹤0.01%	840
2021 Q4	$5K	Buy	+65	New	+$4.31K	﹤0.01%	1146
2021 Q3	–	Sell	-1,748	Closed	-$115K	–	1274
2021 Q2	$115K	Buy	+1,748	New	+$119K	0.05%	292

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

Dark Forest Capital Management's BKH Position: Q2 2026 in Review

Dark Forest Capital Management sold out of Black Hills Corp (BKH) in Q2 2026, closing a stake of 29,798 shares — an estimated $2.07M sold.

Dark Forest Capital Management first reported a position in BKH in Q2 2021 and held it in 9 quarters. The position peaked at $6.16M in Q3 2025. 476 funds tracked by Wall St. Rank hold BKH as of Q2 2026.

Dark Forest Capital Management reported no remaining Black Hills Corp position as of Q2 2026 after selling out during the quarter.
Dark Forest Capital Management sold 29,798 Black Hills Corp shares in Q2 2026, an estimated $2.07M.
Dark Forest Capital Management first reported a position in Black Hills Corp in Q2 2021 and held it in 9 quarters.
Dark Forest Capital Management's Black Hills Corp position peaked at $6.16M in Q3 2025.
476 funds tracked by Wall St. Rank held Black Hills Corp as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.