Black Stone Minerals
70 hedge funds and large institutions have $286M invested in Black Stone Minerals in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 9 closing their positions.
110% more call options, than puts
Call options by funds: $2.37M | Put options by funds: $1.13M
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more capital invested
Capital invested by funds: $241M → $286M (+$44.9M)
8% more funds holding
Funds holding: 65 → 70 (+5)
0.65% more ownership
Funds ownership: 16.09% → 16.74% (+0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$26.8M |
| 2 |
Morgan Stanley
New York
|
+$9.56M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.36M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.76M |
| 5 |
Renaissance Technologies
New York
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.6M |
| 2 |
SC
Sculptor Capital
New York
|
-$9.48M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$6.48M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.85M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
76
Quotient Investors
New York
| – | -$423K | -27,300 | Closed |
|
|
DT
77
Diversified Trust
Memphis,
Tennessee
| – | -$279K | -18,013 | Closed |
|
|
ARTA
78
A.R.T. Advisors
New York
| – | -$172K | -11,100 | Closed |
|
79
Walleye Trading
New York
| – | -$96K | -6,200 | Closed |
|
|
LTFS
80
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$4K | -250 | Closed |
|
BSM Hedge Fund Activity: Q3 2016 in Review
70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q3 2016, worth a combined $286M — up 19% from $241M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BSM positions and 9 closed out — a net gain of 6 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was ING Group, opening a new position worth an estimated $26.8M. The largest seller was Fidelity Investments, cutting an estimated $21.6M.
- 70 institutional investors held Black Stone Minerals (BSM) as of Q3 2016, up from 65 in Q2 2016.
- Funds reported $286M of Black Stone Minerals stock for Q3 2016, up 19% quarter-over-quarter.
- 15 funds opened new Black Stone Minerals positions in Q3 2016 and 9 closed out, a net change of +6 holders.
- The largest Black Stone Minerals buyer in Q3 2016 was ING Group, an estimated $26.8M added.
- The largest Black Stone Minerals seller in Q3 2016 was Fidelity Investments, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2016.