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Black Stone Minerals

184 hedge funds and large institutions have $449M invested in Black Stone Minerals in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 38 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 38

47% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 15

39% more call options, than puts

Call options by funds: $2.76M | Put options by funds: $1.98M

4% more funds holding

Funds holding: 177184 (+7)

0.23% more ownership

Funds ownership: 15.98%16.21% (+0.23%)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

13% less capital invested

Capital invested by funds: $515M → $449M (-$66M)

Holders
184
Holders Change
+7
Holders Change %
+3.95%
% of All Funds
2.42%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.09%
New
22
Increased
56
Reduced
38
Closed
15
Calls
$2.76M
Puts
$1.98M
Net Calls
+$780K
Net Calls Change
-$73K
Name Holding Trade Value Shares
Change
Change in
Stake
WMRU
1
William Marsh Rice University
Texas
$74.1M
Morgan Stanley
2
Morgan Stanley
New York
$50.7M -$3.19M -231,048 -6%
Bank of America
3
Bank of America
North Carolina
$33.3M +$243K +17,556 +0.7%
PDM
4
Penn Davis McFarland
Texas
$24.2M -$136K -9,849 -0.5%
IMA
5
Investment Management Associates
Colorado
$20.6M +$588K +42,553 +3%
N
6
Natixis
France
$19.1M -$286K -20,700 -1%
UBS Group
7
UBS Group
Switzerland
$16.4M +$3.92M +283,415 +29%
Mirae Asset Global ETFs Holdings
8
Mirae Asset Global ETFs Holdings
Hong Kong
$12.6M +$689K +49,818 +5%
Brown Advisory
9
Brown Advisory
Maryland
$11.7M
MA
10
Mudita Advisors
United Kingdom
$9.95M
KCM
11
Kempner Capital Management
Texas
$9.93M +$3.6M +260,727 +52%
HighTower Advisors
12
HighTower Advisors
Illinois
$8.58M +$3.49M +252,729 +63%
CF
13
Concorde Financial
Texas
$7.87M -$26K -1,879 -0.3%
CAM
14
Cresset Asset Management
Illinois
$7.81M
ECP
15
Epacria Capital Partners
Colorado
$7.57M
Fayez Sarofim & Co
16
Fayez Sarofim & Co
Texas
$6.74M +$336K +24,305 +5%
FA
17
Fiducient Advisors
Illinois
$6.24M -$3.71M -268,234 -36%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$5.23M +$55.7K +4,027 +1%
RFC
19
Regions Financial Corp
Alabama
$5.18M +$76K +5,500 +1%
CG
20
Clarus Group
Texas
$4.37M
First Trust Advisors
21
First Trust Advisors
Illinois
$4.37M -$590K -42,669 -11%
LAM
22
Lummis Asset Management
Texas
$4.27M
Northern Trust
23
Northern Trust
Illinois
$3.9M -$69.1K -5,000 -2%
HKAM
24
Horizon Kinetics Asset Management
New York
$3.51M
Raymond James Financial
25
Raymond James Financial
Florida
$3.44M +$224K +16,237 +7%

BSM Hedge Fund Activity: Q2 2025 in Review

184 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Black Stone Minerals (BSM) for Q2 2025, worth a combined $449M — down 13% from $515M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new BSM positions and 15 closed out — a net gain of 7 holders — while 56 added to existing stakes and 38 trimmed.

The largest buyer was UBS Group, adding an estimated $3.92M. The largest seller was Fiducient Advisors, cutting an estimated $3.71M.

  • 184 institutional investors held Black Stone Minerals (BSM) as of Q2 2025, up from 177 in Q1 2025.
  • Funds reported $449M of Black Stone Minerals stock for Q2 2025, down 13% quarter-over-quarter.
  • 22 funds opened new Black Stone Minerals positions in Q2 2025 and 15 closed out, a net change of +7 holders.
  • The largest Black Stone Minerals buyer in Q2 2025 was UBS Group, an estimated $3.92M added.
  • The largest Black Stone Minerals seller in Q2 2025 was Fiducient Advisors, an estimated $3.71M sold.

Based on aggregated 13F filings for Q2 2025.