Black Stone Minerals
94 hedge funds and large institutions have $243M invested in Black Stone Minerals in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 14 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.14% less ownership
Funds ownership: 25.36% → 25.22% (-0.14%)
7% less funds holding
Funds holding: 101 → 94 (-7)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
63% less capital invested
Capital invested by funds: $664M → $243M (-$420M)
78% less call options, than puts
Call options by funds: $90K | Put options by funds: $413K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.4M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$7.82M |
| 3 |
Morgan Stanley
New York
|
+$6.18M |
| 4 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$5.14M |
| 5 |
YCM
Yost Capital Management
Houston,
Texas
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 2 |
Goldman Sachs
New York
|
-$9.16M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$3.05M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.45M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
101
CAZ Investments
Houston,
Texas
| – | -$538K | -42,300 | Closed |
|
102
Barclays
London,
United Kingdom
| – | -$479K | -37,642 | Closed |
|
103
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$479K | -37,630 | Closed |
|
|
AA
104
ALPS Advisors
Denver,
Colorado
| – | -$293K | -23,044 | Closed |
|
|
OR
105
Olympiad Research
Stamford,
Connecticut
| – | -$279K | -21,951 | Closed |
|
106
Arrowstreet Capital
Boston,
Massachusetts
| – | -$137K | -10,800 | Closed |
|
|
AP
107
Americana Partners
Houston,
Texas
| – | -$38K | -3,000 | Closed |
|
|
LWA
108
Lenox Wealth Advisors
New York
| – | -$32K | -2,500 | Closed |
|
|
ASN
109
Advisory Services Network
Atlanta,
Georgia
| – | -$11K | -877 | Closed |
|
BSM Hedge Fund Activity: Q1 2020 in Review
94 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q1 2020, worth a combined $243M — down 63% from $664M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BSM and 10 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was Bank of Montreal, adding an estimated $14.4M. The largest seller was Fidelity Investments, cutting an estimated $12.1M.
- 94 institutional investors held Black Stone Minerals (BSM) as of Q1 2020, down from 101 in Q4 2019.
- Funds reported $243M of Black Stone Minerals stock for Q1 2020, down 63% quarter-over-quarter.
- 10 funds opened new Black Stone Minerals positions in Q1 2020 and 14 closed out, a net change of -4 holders.
- The largest Black Stone Minerals buyer in Q1 2020 was Bank of Montreal, an estimated $14.4M added.
- The largest Black Stone Minerals seller in Q1 2020 was Fidelity Investments, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2020.