Black Stone Minerals
63 hedge funds and large institutions have $400M invested in Black Stone Minerals in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 10 closing their positions.
777% more call options, than puts
Call options by funds: $1.98M | Put options by funds: $226K
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
17% more capital invested
Capital invested by funds: $341M → $400M (+$59.2M)
0.57% more ownership
Funds ownership: 22.01% → 22.58% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
5% less funds holding
Funds holding: 66 → 63 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
CI Global Investments
Oakland,
California
|
+$27.3M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$10.5M |
| 3 |
Rafferty Asset Management
New York
|
+$2.86M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.56M |
| 5 |
Goldman Sachs
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.2M |
| 2 |
Barclays
London,
United Kingdom
|
-$6.19M |
| 3 |
HT
HighTower Trust
Houston,
Texas
|
-$3.63M |
| 4 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$2.4M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.67M |
BSM Hedge Fund Activity: Q3 2017 in Review
63 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q3 2017, worth a combined $400M — up 17% from $341M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BSM and 7 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was CI Global Investments, opening a new position worth an estimated $27.3M. The largest seller was Morgan Stanley, cutting an estimated $10.2M.
- 63 institutional investors held Black Stone Minerals (BSM) as of Q3 2017, down from 66 in Q2 2017.
- Funds reported $400M of Black Stone Minerals stock for Q3 2017, up 17% quarter-over-quarter.
- 7 funds opened new Black Stone Minerals positions in Q3 2017 and 10 closed out, a net change of -3 holders.
- The largest Black Stone Minerals buyer in Q3 2017 was CI Global Investments, an estimated $27.3M added.
- The largest Black Stone Minerals seller in Q3 2017 was Morgan Stanley, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2017.