Black Stone Minerals
90 hedge funds and large institutions have $307M invested in Black Stone Minerals in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 14 closing their positions.
26% more capital invested
Capital invested by funds: $243M → $307M (+$63.6M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2.35% less ownership
Funds ownership: 25.22% → 22.87% (-2.4%)
4% less funds holding
Funds holding: 94 → 90 (-4)
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
81% less call options, than puts
Call options by funds: $210K | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.07M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.9M |
| 3 |
GW
GW & Wade
Wellesley,
Massachusetts
|
+$1.64M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.59M |
| 5 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$17.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.7M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$7.55M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$5.68M |
| 5 |
Rafferty Asset Management
New York
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
101
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$10K | -2,000 | Closed |
|
|
JWA
102
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$7K | -1,400 | Closed |
|
|
HFM
103
Hartford Financial Management
Hartford,
Connecticut
| – | -$3K | -663 | Closed |
|
|
VRM
104
Vectors Research Management
New York
| – | -$2K | -500 | Closed |
|
105
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -298 | Closed |
|
BSM Hedge Fund Activity: Q2 2020 in Review
90 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q2 2020, worth a combined $307M — up 26% from $243M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BSM and 10 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 20 added.
The largest buyer was JP Morgan Chase, adding an estimated $2.07M. The largest seller was Zions Bancorporation, cutting an estimated $17.8M.
- 90 institutional investors held Black Stone Minerals (BSM) as of Q2 2020, down from 94 in Q1 2020.
- Funds reported $307M of Black Stone Minerals stock for Q2 2020, up 26% quarter-over-quarter.
- 10 funds opened new Black Stone Minerals positions in Q2 2020 and 14 closed out, a net change of -4 holders.
- The largest Black Stone Minerals buyer in Q2 2020 was JP Morgan Chase, an estimated $2.07M added.
- The largest Black Stone Minerals seller in Q2 2020 was Zions Bancorporation, an estimated $17.8M sold.
Based on aggregated 13F filings for Q2 2020.