Black Stone Minerals
70 hedge funds and large institutions have $377M invested in Black Stone Minerals in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 8 closing their positions.
1,129% more call options, than puts
Call options by funds: $4.4M | Put options by funds: $358K
1.21% less ownership
Funds ownership: 22.93% → 21.72% (-1.2%)
3% less funds holding
Funds holding: 72 → 70 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
13% less capital invested
Capital invested by funds: $432M → $377M (-$54.7M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
CI Global Investments
Oakland,
California
|
+$28.6M |
| 2 |
HT
HighTower Trust
Houston,
Texas
|
+$3.87M |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$2.03M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$1.32M |
| 5 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$899K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$46.9M |
| 2 |
Morgan Stanley
New York
|
-$2.57M |
| 3 |
JP Morgan Chase
New York
|
-$1.41M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$1.05M |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$872K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Arrowstreet Capital
Boston,
Massachusetts
| – | -$297K | -16,547 | Closed |
|
77
Jane Street
New York
| – | -$221K | -12,345 | Closed |
|
|
CHAM
78
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$188K | -10,500 | Closed |
|
79
State Street
Boston,
Massachusetts
| – | -$180K | -10,006 | Closed |
|
|
GLA
80
Great Lakes Advisors
Chicago,
Illinois
| – | -$179K | -10,000 | Closed |
|
|
CG
81
Cutler Group
San Francisco,
California
| – | -$138K | -7,738 | Closed |
|
BSM Hedge Fund Activity: Q1 2018 in Review
70 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q1 2018, worth a combined $377M — down 13% from $432M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSM and 7 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 19 added.
The largest buyer was CI Global Investments, adding an estimated $28.6M. The largest seller was Zions Bancorporation, exiting entirely with an estimated $46.9M sold.
- 70 institutional investors held Black Stone Minerals (BSM) as of Q1 2018, down from 72 in Q4 2017.
- Funds reported $377M of Black Stone Minerals stock for Q1 2018, down 13% quarter-over-quarter.
- 7 funds opened new Black Stone Minerals positions in Q1 2018 and 8 closed out, a net change of -1 holder.
- The largest Black Stone Minerals buyer in Q1 2018 was CI Global Investments, an estimated $28.6M added.
- The largest Black Stone Minerals seller in Q1 2018 was Zions Bancorporation, an estimated $46.9M sold.
Based on aggregated 13F filings for Q1 2018.