Black Stone Minerals
105 hedge funds and large institutions have $245M invested in Black Stone Minerals in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 14 closing their positions.
138% more call options, than puts
Call options by funds: $2.24M | Put options by funds: $941K
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
11% more funds holding
Funds holding: 95 → 105 (+10)
3.32% less ownership
Funds ownership: 21.02% → 17.7% (-3.3%)
8% less capital invested
Capital invested by funds: $267M → $245M (-$22M)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$6.57M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.39M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.87M |
| 4 |
TSA
Tri-Star Advisors
Houston,
Texas
|
+$1.53M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$15.5M |
| 2 |
NU
Northwestern University
Evanston,
Illinois
|
-$15.4M |
| 3 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$6.08M |
| 4 |
JP Morgan Chase
New York
|
-$3.25M |
| 5 |
Morgan Stanley
New York
|
-$3.25M |
BSM Hedge Fund Activity: Q4 2020 in Review
105 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q4 2020, worth a combined $245M — down 8.2% from $267M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BSM positions and 14 closed out — a net gain of 11 holders — while 23 added to existing stakes and 29 trimmed.
The largest buyer was SoftVest Advisors, adding an estimated $6.57M. The largest seller was CI Investments Inc, exiting entirely with an estimated $15.5M sold.
- 105 institutional investors held Black Stone Minerals (BSM) as of Q4 2020, up from 95 in Q3 2020.
- Funds reported $245M of Black Stone Minerals stock for Q4 2020, down 8.2% quarter-over-quarter.
- 25 funds opened new Black Stone Minerals positions in Q4 2020 and 14 closed out, a net change of +11 holders.
- The largest Black Stone Minerals buyer in Q4 2020 was SoftVest Advisors, an estimated $6.57M added.
- The largest Black Stone Minerals seller in Q4 2020 was CI Investments Inc, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2020.