Black Stone Minerals
170 hedge funds and large institutions have $479M invested in Black Stone Minerals in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 25 closing their positions.
116% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $10.4M
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
1% less funds holding
Funds holding: 172 → 170 (-2)
2.91% less ownership
Funds ownership: 17.44% → 14.54% (-2.9%)
22% less capital invested
Capital invested by funds: $615M → $479M (-$136M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
| 2 |
Morgan Stanley
New York
|
+$9.33M |
| 3 |
CF
Concorde Financial
Dallas,
Texas
|
+$3.87M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$3.38M |
| 5 |
CEI
Clark Estates Inc
New York
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$48.6M |
| 2 |
WMRU
William Marsh Rice University
Houston,
Texas
|
-$25.1M |
| 3 |
JP Morgan Chase
New York
|
-$16.1M |
| 4 |
N
Natixis
Paris,
France
|
-$11M |
| 5 |
IC
Immersion Capital
London,
United Kingdom
|
-$10.3M |
BSM Hedge Fund Activity: Q1 2023 in Review
170 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q1 2023, worth a combined $479M — down 22% from $615M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BSM positions and 25 closed out — a net gain of 4 holders — while 53 added to existing stakes and 47 trimmed.
The largest buyer was Bank of America, adding an estimated $10M. The largest seller was UBS Group, cutting an estimated $48.6M.
- 170 institutional investors held Black Stone Minerals (BSM) as of Q1 2023, down from 172 in Q4 2022.
- Funds reported $479M of Black Stone Minerals stock for Q1 2023, down 22% quarter-over-quarter.
- 29 funds opened new Black Stone Minerals positions in Q1 2023 and 25 closed out, a net change of +4 holders.
- The largest Black Stone Minerals buyer in Q1 2023 was Bank of America, an estimated $10M added.
- The largest Black Stone Minerals seller in Q1 2023 was UBS Group, an estimated $48.6M sold.
Based on aggregated 13F filings for Q1 2023.