Black Stone Minerals
BSM
184 hedge funds and large institutions have $449M invested in Black Stone Minerals in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 38 reducing their positions, and 15 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 38
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
39% more call options, than puts
Call options by funds: $2.76M | Put options by funds: $1.98M
4% more funds holding
Funds holding: 177 → 184 (+7)
0.23% more ownership
Funds ownership: 15.98% → 16.21% (+0.23%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less capital invested
Capital invested by funds: $515M → $449M (-$66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.92M |
| 2 |
KCM
Kempner Capital Management
Galveston,
Texas
|
+$3.6M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$3.49M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$2.23M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Fiducient Advisors
Chicago,
Illinois
|
-$3.71M |
| 2 |
Morgan Stanley
New York
|
-$3.19M |
| 3 |
JP Morgan Chase
New York
|
-$1.36M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$1.31M |
| 5 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$1.05M |
BSM Hedge Fund Activity: Q2 2025 in Review
184 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q2 2025, worth a combined $449M — down 13% from $515M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BSM positions and 15 closed out — a net gain of 7 holders — while 56 added to existing stakes and 38 trimmed.
The largest buyer was UBS Group, adding an estimated $3.92M. The largest seller was Fiducient Advisors, cutting an estimated $3.71M.
- 184 institutional investors held Black Stone Minerals (BSM) as of Q2 2025, up from 177 in Q1 2025.
- Funds reported $449M of Black Stone Minerals stock for Q2 2025, down 13% quarter-over-quarter.
- 22 funds opened new Black Stone Minerals positions in Q2 2025 and 15 closed out, a net change of +7 holders.
- The largest Black Stone Minerals buyer in Q2 2025 was UBS Group, an estimated $3.92M added.
- The largest Black Stone Minerals seller in Q2 2025 was Fiducient Advisors, an estimated $3.71M sold.
Based on aggregated 13F filings for Q2 2025.