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Black Stone Minerals

80 hedge funds and large institutions have $496M invested in Black Stone Minerals in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 1

376% more call options, than puts

Call options by funds: $1.25M | Put options by funds: $262K

71% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 14

32% more capital invested

Capital invested by funds: $377M → $496M (+$119M)

14% more funds holding

Funds holding: 7080 (+10)

3.65% more ownership

Funds ownership: 21.72%25.37% (+3.7%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
80
Holders Change
+10
Holders Change %
+14.29%
% of All Funds
1.83%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.14%
New
12
Increased
24
Reduced
14
Closed
1
Calls
$1.25M
Puts
$262K
Net Calls
+$986K
Net Calls Change
-$3.06M
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$2.43M +$8.99K +500 +0.4%
MGAM
27
McGowan Group Asset Management
Texas
$2.4M +$2.33M +129,644 New
CFB
28
Cullen/Frost Bankers
Texas
$2.35M
Rafferty Asset Management
29
Rafferty Asset Management
New York
$2.28M -$150K -8,316 -6%
JP Morgan Chase
30
JP Morgan Chase
New York
$2.1M -$381K -21,200 -16%
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$2.06M +$310K +17,249 +18%
RJA
32
Raymond James & Associates
Florida
$1.57M +$408K +22,659 +37%
Bank of America
33
Bank of America
North Carolina
$1.53M -$790K -43,937 -35%
GCP
34
GSA Capital Partners
United Kingdom
$1.52M -$92.9K -5,165 -6%
PWP
35
Private Wealth Partners
California
$1.44M +$45K +2,500 +3%
FCH
36
Freestone Capital Holdings
Washington
$1.43M
KCM
37
Kempner Capital Management
Texas
$1.35M
MTC
38
McDaniel Terry & Co
Texas
$1.31M
Sumitomo Mitsui Trust Group
39
Sumitomo Mitsui Trust Group
Japan
$1.29M +$540K +30,000 +75%
BOTOTLSJU
40
Board of Trustees of The Leland Stanford Junior University
California
$1.18M
MWNA
41
Marshall Wace North America
New York
$1.09M +$800K +44,477 +308%
WB
42
Wilks Brothers
Texas
$1.07M +$1.04M +57,800 New
Arrowstreet Capital
43
Arrowstreet Capital
Massachusetts
$1.06M +$1.03M +57,103 New
Citadel Advisors
44
Citadel Advisors
Florida
$1.05M +$583K +32,427 +132%
Stifel Financial
45
Stifel Financial
Missouri
$1.04M
HighTower Advisors
46
HighTower Advisors
Illinois
$972K +$945K +52,508 New
CC
47
Cannell Capital
Wyoming
$968K
Wells Fargo
48
Wells Fargo
California
$883K -$136K -7,538 -14%
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$770K -$5.38K -299 -0.7%
SCM
50
Sterling Capital Management
North Carolina
$660K

BSM Hedge Fund Activity: Q2 2018 in Review

80 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q2 2018, worth a combined $496M — up 32% from $377M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new BSM positions and 1 closed out — a net gain of 11 holders — while 24 added to existing stakes and 14 trimmed.

The largest buyer was Zions Bancorporation, opening a new position worth an estimated $47M. The largest seller was Fidelity Investments, cutting an estimated $12.4M.

  • 80 institutional investors held Black Stone Minerals (BSM) as of Q2 2018, up from 70 in Q1 2018.
  • Funds reported $496M of Black Stone Minerals stock for Q2 2018, up 32% quarter-over-quarter.
  • 12 funds opened new Black Stone Minerals positions in Q2 2018 and 1 closed out, a net change of +11 holders.
  • The largest Black Stone Minerals buyer in Q2 2018 was Zions Bancorporation, an estimated $47M added.
  • The largest Black Stone Minerals seller in Q2 2018 was Fidelity Investments, an estimated $12.4M sold.

Based on aggregated 13F filings for Q2 2018.