BBR Partners’s Black Stone Minerals BSM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2022 Q1	–	Sell	-521,080	Closed	-$5.38M	–	252
2021 Q4	$5.38M	Hold	521,080	–	–	0.63%	21
2021 Q3	$6.28M	Hold	521,080	–	–	0.52%	18
2021 Q2	$5.6M	Hold	521,080	–	–	0.44%	19
2021 Q1	$4.54M	Hold	521,080	–	–	0.37%	27
2020 Q4	$3.48M	Hold	521,080	–	–	0.29%	28
2020 Q3	$3.2M	Hold	521,080	–	–	0.27%	31
2020 Q2	$3.39M	Hold	521,080	–	–	0.43%	21
2020 Q1	$2.44M	Hold	521,080	–	–	0.36%	32
2019 Q4	$6.63M	Hold	521,080	–	–	0.73%	15
2019 Q3	$7.42M	Sell	521,080 -6,000	-1%	-$85.4K	1.13%	8
2019 Q2	$8.17M	Hold	527,080	–	–	1.31%	7
2019 Q1	$9.3M	Hold	527,080	–	–	1.21%	11
2018 Q4	$8.16M	Sell	527,080 -15,000	-3%	-$232K	1.07%	12
2018 Q3	$9.87M	Hold	542,080	–	–	1.43%	9
2018 Q2	$10M	Buy	542,080 +21,000	+4%	+$388K	1.69%	9
2018 Q1	$8.62M	Hold	521,080	–	–	1.54%	7
2017 Q4	$9.35M	Hold	521,080	–	–	1.75%	7
2017 Q3	$9.04M	Hold	521,080	–	–	1.92%	7
2017 Q2	$8.21M	Hold	521,080	–	–	1.75%	8
2017 Q1	$8.6M	Hold	521,080	–	–	1.86%	8
2016 Q4	$9.79M	Hold	521,080	–	–	1.69%	8
2016 Q3	$9.28M	Hold	521,080	–	–	1.55%	7
2016 Q2	$8.08M	Hold	521,080	–	–	1.35%	7
2016 Q1	$7.3M	Buy	521,080 +212,022	+69%	+$2.97M	1.25%	9
2015 Q4	$4.46M	Buy	+309,058	New	+$4.46M	0.69%	10