Black Stone Minerals
177 hedge funds and large institutions have $515M invested in Black Stone Minerals in 2025 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 22 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
39% more call options, than puts
Call options by funds: $3.02M | Put options by funds: $2.16M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% more capital invested
Capital invested by funds: $487M → $515M (+$27.9M)
0.17% more ownership
Funds ownership: 15.81% → 15.98% (+0.17%)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
2% less funds holding
Funds holding: 181 → 177 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$13.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.7M |
| 3 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$5.68M |
| 4 |
LAM
Lummis Asset Management
Fort Worth,
Texas
|
+$5.07M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$21.4M |
| 2 |
Citigroup
New York
|
-$6.19M |
| 3 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$4.88M |
| 4 |
CEI
Clark Estates Inc
New York
|
-$2.34M |
| 5 |
FA
Fiducient Advisors
Chicago,
Illinois
|
-$992K |
BSM Hedge Fund Activity: Q1 2025 in Review
177 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q1 2025, worth a combined $515M — up 5.7% from $487M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BSM and 21 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 59 added.
The largest buyer was Mirae Asset Global ETFs Holdings, adding an estimated $13.3M. The largest seller was Morgan Stanley, cutting an estimated $21.4M.
- 177 institutional investors held Black Stone Minerals (BSM) as of Q1 2025, down from 181 in Q4 2024.
- Funds reported $515M of Black Stone Minerals stock for Q1 2025, up 5.7% quarter-over-quarter.
- 21 funds opened new Black Stone Minerals positions in Q1 2025 and 22 closed out, a net change of -1 holder.
- The largest Black Stone Minerals buyer in Q1 2025 was Mirae Asset Global ETFs Holdings, an estimated $13.3M added.
- The largest Black Stone Minerals seller in Q1 2025 was Morgan Stanley, an estimated $21.4M sold.
Based on aggregated 13F filings for Q1 2025.