Black Stone Minerals
178 hedge funds and large institutions have $467M invested in Black Stone Minerals in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 44 reducing their positions, and 24 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 44
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
0.21% less ownership
Funds ownership: 14.94% → 14.73% (-0.21%)
4% less funds holding
Funds holding: 185 → 178 (-7)
5% less capital invested
Capital invested by funds: $494M → $467M (-$26.4M)
14% less call options, than puts
Call options by funds: $5.14M | Put options by funds: $5.99M
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Fiducient Advisors
Chicago,
Illinois
|
+$12.2M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$4.14M |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$1.64M |
| 4 |
CF
Concorde Financial
Dallas,
Texas
|
+$1.42M |
| 5 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$8.7M |
| 2 |
N
Natixis
Paris,
France
|
-$5.8M |
| 3 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$3M |
| 4 |
Jane Street
New York
|
-$1.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.91M |
BSM Hedge Fund Activity: Q3 2024 in Review
178 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q3 2024, worth a combined $467M — down 5.4% from $494M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BSM and 18 opened new positions — a net loss of 6 holders — while 44 trimmed existing stakes and 54 added.
The largest buyer was Fiducient Advisors, opening a new position worth an estimated $12.2M. The largest seller was Nomura Holdings, exiting entirely with an estimated $8.7M sold.
- 178 institutional investors held Black Stone Minerals (BSM) as of Q3 2024, down from 185 in Q2 2024.
- Funds reported $467M of Black Stone Minerals stock for Q3 2024, down 5.4% quarter-over-quarter.
- 18 funds opened new Black Stone Minerals positions in Q3 2024 and 24 closed out, a net change of -6 holders.
- The largest Black Stone Minerals buyer in Q3 2024 was Fiducient Advisors, an estimated $12.2M added.
- The largest Black Stone Minerals seller in Q3 2024 was Nomura Holdings, an estimated $8.7M sold.
Based on aggregated 13F filings for Q3 2024.