Black Stone Minerals
95 hedge funds and large institutions have $267M invested in Black Stone Minerals in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
6% more funds holding
Funds holding: 90 → 95 (+5)
1.85% less ownership
Funds ownership: 22.87% → 21.02% (-1.8%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less capital invested
Capital invested by funds: $307M → $267M (-$40.1M)
84% less call options, than puts
Call options by funds: $274K | Put options by funds: $1.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$3.67M |
| 2 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$2.21M |
| 3 |
JP Morgan Chase
New York
|
+$2.06M |
| 4 |
Morgan Stanley
New York
|
+$1.94M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$29.2M |
| 2 |
Fayez Sarofim & Co
Houston,
Texas
|
-$4.25M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.54M |
| 4 |
GW
GW & Wade
Wellesley,
Massachusetts
|
-$2.96M |
| 5 |
GC
Gruss & Co
West Palm Beach,
Florida
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
101
GSA Capital Partners
London,
United Kingdom
| – | -$83K | -12,754 | Closed |
|
|
ECM
102
Evergreen Capital Management
Bellevue,
Washington
| – | -$53K | -8,137 | Closed |
|
103
Group One Trading
Chicago,
Illinois
| – | -$5.61K | -842 | Closed |
|
|
CG
104
Cutler Group
San Francisco,
California
| – | +$666 | +100 | New |
|
BSM Hedge Fund Activity: Q3 2020 in Review
95 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q3 2020, worth a combined $267M — down 13% from $307M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BSM positions and 8 closed out — a net gain of 5 holders — while 30 added to existing stakes and 20 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $3.67M. The largest seller was CI Investments Inc, cutting an estimated $29.2M.
- 95 institutional investors held Black Stone Minerals (BSM) as of Q3 2020, up from 90 in Q2 2020.
- Funds reported $267M of Black Stone Minerals stock for Q3 2020, down 13% quarter-over-quarter.
- 13 funds opened new Black Stone Minerals positions in Q3 2020 and 8 closed out, a net change of +5 holders.
- The largest Black Stone Minerals buyer in Q3 2020 was CIBC Private Wealth Group, an estimated $3.67M added.
- The largest Black Stone Minerals seller in Q3 2020 was CI Investments Inc, an estimated $29.2M sold.
Based on aggregated 13F filings for Q3 2020.