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Black Stone Minerals

195 hedge funds and large institutions have $554M invested in Black Stone Minerals in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 56 increasing their positions, 46 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 16

95% more call options, than puts

Call options by funds: $13.3M | Put options by funds: $6.83M

22% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 46

9% more funds holding

Funds holding: 179195 (+16)

9% more capital invested

Capital invested by funds: $509M → $554M (+$45M)

2.46% more ownership

Funds ownership: 14.05%16.51% (+2.5%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

Holders
195
Holders Change
+16
Holders Change %
+8.94%
% of All Funds
2.84%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.15%
New
35
Increased
56
Reduced
46
Closed
16
Calls
$13.3M
Puts
$6.83M
Net Calls
+$6.46M
Net Calls Change
-$4.24M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$134M +$70.9M +4,119,132 +97%
WMRU
2
William Marsh Rice University
Texas
$90.4M
N
3
Natixis
France
$29.8M +$3.46M +200,900 +12%
PDM
4
Penn Davis McFarland
Texas
$23.5M -$343K -19,936 -1%
IMA
5
Investment Management Associates
Colorado
$19.5M +$3.25M +188,975 +18%
Brown Advisory
6
Brown Advisory
Maryland
$15.8M +$279K +16,200 +2%
MA
7
Mudita Advisors
United Kingdom
$12.1M -$451K -26,200 -3%
ECP
8
Epacria Capital Partners
Colorado
$8.76M
IG
9
ING Group
Netherlands
$8.47M +$2.51M +145,700 +38%
KCM
10
Kempner Capital Management
Texas
$7.96M
Fayez Sarofim & Co
11
Fayez Sarofim & Co
Texas
$7.84M
CIBC Private Wealth Group
12
CIBC Private Wealth Group
Georgia
$7.78M -$10.1M -588,880 -55%
RJA
13
Raymond James & Associates
Florida
$7.39M -$138K -8,044 -2%
SOAMC
14
Spirit of America Management Corp
New York
$7.31M -$258K -15,000 -3%
First Trust Advisors
15
First Trust Advisors
Illinois
$6.45M +$2.45M +142,287 +54%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$6.32M +$88.2K +5,127 +1%
Citadel Advisors
17
Citadel Advisors
Florida
$6.15M +$4.39M +255,297 +196%
Mirae Asset Global Investments
18
Mirae Asset Global Investments
South Korea
$5.87M +$6.33M +367,741 New
HighTower Advisors
19
HighTower Advisors
Illinois
$5.79M +$14.4K +837 +0.2%
CF
20
Concorde Financial
Texas
$5.75M -$183K -10,628 -3%
Nomura Holdings
21
Nomura Holdings
Japan
$5.64M +$6.08M +353,100 New
LAM
22
Lummis Asset Management
Texas
$5.39M +$5.81M +337,518 New
CG
23
Clarus Group
Texas
$5.35M +$6.88K +400 +0.1%
Bank of America
24
Bank of America
North Carolina
$5.31M -$2.85M -165,774 -33%
LPL Financial
25
LPL Financial
California
$3.27M +$739K +42,957 +27%

BSM Hedge Fund Activity: Q4 2023 in Review

195 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q4 2023, worth a combined $554M — up 8.8% from $509M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new BSM positions and 16 closed out — a net gain of 19 holders — while 56 added to existing stakes and 46 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $70.9M. The largest seller was CIBC Private Wealth Group, cutting an estimated $10.1M.

  • 195 institutional investors held Black Stone Minerals (BSM) as of Q4 2023, up from 179 in Q3 2023.
  • Funds reported $554M of Black Stone Minerals stock for Q4 2023, up 8.8% quarter-over-quarter.
  • 35 funds opened new Black Stone Minerals positions in Q4 2023 and 16 closed out, a net change of +19 holders.
  • The largest Black Stone Minerals buyer in Q4 2023 was Morgan Stanley, an estimated $70.9M added.
  • The largest Black Stone Minerals seller in Q4 2023 was CIBC Private Wealth Group, an estimated $10.1M sold.

Based on aggregated 13F filings for Q4 2023.