LB Partners’s Black Stone Minerals BSM Stock Holding History

LB Partners’s Portfolio BSM Stock Details BSM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$140K	Hold	10,000	–	–	0.1%	31
2026 Q1	$151K	Hold	10,000	–	–	0.14%	35
2025 Q4	$133K	Hold	10,000	–	–	0.12%	24
2025 Q3	$131K	Hold	10,000	–	–	0.08%	28
2025 Q2	$131K	Hold	10,000	–	–	0.08%	23
2025 Q1	$153K	Hold	10,000	–	–	0.11%	21
2024 Q4	$146K	Hold	10,000	–	–	0.11%	21
2024 Q3	$151K	Sell	10,000 -109,000	-92%	-$1.63M	0.13%	21
2024 Q2	$1.86M	Sell	119,000 -29,800	-20%	-$477K	1.55%	15
2024 Q1	$2.38M	Sell	148,800 -23,018	-13%	-$364K	2.43%	13
2023 Q4	$2.74M	Buy	+171,818	New	+$2.96M	3.01%	12

Other funds holding BSM

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

WMRU

William Marsh Rice University Houston, Texas $219M AUM 16.08% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

PDM

Penn Davis McFarland Dallas, Texas $1.12B AUM 32.35% 1-Year Est. Return

IMA

Investment Management Associates Greenwood Village, Colorado $487M AUM 11.51% 1-Year Est. Return

Natixis Paris, France $24.8B AUM 35.22% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

LCAM

Long Corridor Asset Management Hong Kong $331M AUM 10.35% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $64.6B AUM 18.98% 1-Year Est. Return

LB Partners's BSM Position: Q2 2026 in Review

LB Partners held its Black Stone Minerals (BSM) position steady in Q2 2026 at 10,000 shares worth $140K. The position accounts for 0.1% of the portfolio, ranked #31.

LB Partners first reported a position in BSM in Q4 2023 and has held it in 11 quarters since. The position peaked at $2.74M in Q4 2023. 200 funds tracked by Wall St. Rank hold BSM as of Q2 2026.

LB Partners held 10,000 shares of Black Stone Minerals worth $140K as of Q2 2026.
LB Partners left its Black Stone Minerals share count unchanged in Q2 2026.
Black Stone Minerals made up 0.1% of LB Partners's portfolio in Q2 2026, its #31 holding.
LB Partners first reported a position in Black Stone Minerals in Q4 2023 and has held it in 11 quarters since.
LB Partners's Black Stone Minerals position peaked at $2.74M in Q4 2023.
200 funds tracked by Wall St. Rank held Black Stone Minerals as of Q2 2026.

Based on LB Partners's 13F filing for Q2 2026, filed 30 Jul 2026.