Black Stone Minerals
102 hedge funds and large institutions have $317M invested in Black Stone Minerals in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 15 closing their positions.
84% more call options, than puts
Call options by funds: $3.66M | Put options by funds: $1.99M
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
30% more capital invested
Capital invested by funds: $245M → $317M (+$72.6M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.17% less ownership
Funds ownership: 17.7% → 17.53% (-0.17%)
3% less funds holding
Funds holding: 105 → 102 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PDM
Penn Davis McFarland
Dallas,
Texas
|
+$10.2M |
| 2 |
N
Natixis
Paris,
France
|
+$8.91M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$3.96M |
| 4 |
Citigroup
New York
|
+$2.66M |
| 5 |
Fayez Sarofim & Co
Houston,
Texas
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.91M |
| 2 |
Morgan Stanley
New York
|
-$7.53M |
| 3 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$4.48M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.86M |
| 5 |
VEA
Virtus ETF Advisers
New York
|
-$1.55M |
BSM Hedge Fund Activity: Q1 2021 in Review
102 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q1 2021, worth a combined $317M — up 30% from $245M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BSM and 12 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 32 added.
The largest buyer was Penn Davis McFarland, adding an estimated $10.2M. The largest seller was Fidelity Investments, cutting an estimated $8.91M.
- 102 institutional investors held Black Stone Minerals (BSM) as of Q1 2021, down from 105 in Q4 2020.
- Funds reported $317M of Black Stone Minerals stock for Q1 2021, up 30% quarter-over-quarter.
- 12 funds opened new Black Stone Minerals positions in Q1 2021 and 15 closed out, a net change of -3 holders.
- The largest Black Stone Minerals buyer in Q1 2021 was Penn Davis McFarland, an estimated $10.2M added.
- The largest Black Stone Minerals seller in Q1 2021 was Fidelity Investments, an estimated $8.91M sold.
Based on aggregated 13F filings for Q1 2021.