Black Stone Minerals
76 hedge funds and large institutions have $534M invested in Black Stone Minerals in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 9 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
8% more capital invested
Capital invested by funds: $496M → $534M (+$37.6M)
2.12% more ownership
Funds ownership: 25.37% → 27.49% (+2.1%)
8% more call options, than puts
Call options by funds: $1.14M | Put options by funds: $1.05M
5% less funds holding
Funds holding: 80 → 76 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
CI Global Investments
Oakland,
California
|
+$24.5M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$18.2M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$6.25M |
| 4 |
GC
Gruss & Co
West Palm Beach,
Florida
|
+$1.63M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.6M |
| 2 |
Morgan Stanley
New York
|
-$1.48M |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$1.43M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.06M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$972K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Simplex Trading
Chicago,
Illinois
| $10K | -$2.37K | -130 | -19% |
|
|
HFM
77
Hartford Financial Management
Hartford,
Connecticut
| $10K | +$182 | +10 | +2% |
|
|
CTC
78
Central Trust Company
Jefferson City,
Missouri
| $5K | – | – | – |
|
|
BA
79
Ballew Advisors
Jackson,
Mississippi
| $2K | +$2.58K | +142 | New |
|
|
FCH
80
Freestone Capital Holdings
Seattle,
Washington
| – | -$1.43M | -77,511 | Closed |
|
|
81
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.06M | -57,103 | Closed |
|
|
82
HighTower Advisors
Chicago,
Illinois
| – | -$972K | -52,508 | Closed |
|
|
SI
83
Sprott Inc
Toronto,
Ontario, Canada
| – | -$517K | -27,987 | Closed |
|
|
AA
84
ALPS Advisors
Denver,
Colorado
| – | -$487K | -26,312 | Closed |
|
|
VF
85
Virtu Financial
New York
| – | -$464K | -25,100 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$292K | -15,791 | Closed |
|
87
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$110K | -5,942 | Closed |
|
|
B
88
Bridgeworth
Birmingham,
Alabama
| – | -$92K | -5,000 | Closed |
|
BSM Hedge Fund Activity: Q3 2018 in Review
76 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q3 2018, worth a combined $534M — up 7.6% from $496M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BSM and 5 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was CI Global Investments, adding an estimated $24.5M. The largest seller was Bank of Montreal, cutting an estimated $1.6M.
- 76 institutional investors held Black Stone Minerals (BSM) as of Q3 2018, down from 80 in Q2 2018.
- Funds reported $534M of Black Stone Minerals stock for Q3 2018, up 7.6% quarter-over-quarter.
- 5 funds opened new Black Stone Minerals positions in Q3 2018 and 9 closed out, a net change of -4 holders.
- The largest Black Stone Minerals buyer in Q3 2018 was CI Global Investments, an estimated $24.5M added.
- The largest Black Stone Minerals seller in Q3 2018 was Bank of Montreal, an estimated $1.6M sold.
Based on aggregated 13F filings for Q3 2018.