Black Stone Minerals
86 hedge funds and large institutions have $492M invested in Black Stone Minerals in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
52% more call options, than puts
Call options by funds: $969K | Put options by funds: $638K
13% more funds holding
Funds holding: 76 → 86 (+10)
1.65% more ownership
Funds ownership: 27.49% → 29.14% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
8% less capital invested
Capital invested by funds: $534M → $492M (-$42.2M)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$131M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$16.5M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.55M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$2.29M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.2M |
| 2 |
Goldman Sachs
New York
|
-$8.74M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.48M |
| 4 |
Renaissance Technologies
New York
|
-$3.24M |
| 5 |
YCM
Yost Capital Management
Houston,
Texas
|
-$2.86M |
BSM Hedge Fund Activity: Q4 2018 in Review
86 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q4 2018, worth a combined $492M — down 7.9% from $534M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BSM positions and 7 closed out — a net gain of 11 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was CI Investments Inc, opening a new position worth an estimated $131M. The largest seller was Morgan Stanley, cutting an estimated $18.2M.
- 86 institutional investors held Black Stone Minerals (BSM) as of Q4 2018, up from 76 in Q3 2018.
- Funds reported $492M of Black Stone Minerals stock for Q4 2018, down 7.9% quarter-over-quarter.
- 18 funds opened new Black Stone Minerals positions in Q4 2018 and 7 closed out, a net change of +11 holders.
- The largest Black Stone Minerals buyer in Q4 2018 was CI Investments Inc, an estimated $131M added.
- The largest Black Stone Minerals seller in Q4 2018 was Morgan Stanley, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2018.