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Black Stone Minerals, L.P.

BSM
Exchange
NYSE
Industry
Crude Petroleum & Natural Gas
SEC CIK
0001621434

In the last 90 days, Black Stone Minerals, L.P. insiders filed 0 open-market purchases and 1 sale; 200 institutions reported holding it in 13F filings for Q2 2026, worth $628.2M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Black Stone Minerals, L.P. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
184
+7 vs. Q1 2025
Shares held
34.3M
+570.9K (+1.7%) vs. Q1 2025
Total value
$448.5M
−$65.8M (−12.8%) vs. Q1 2025
New holders
22
56 more added
Sold out
15
37 more reduced

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BSM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 184 institutions
Q1 2021: 103 institutionsQ2 2021: 107 institutionsQ3 2021: 123 institutionsQ4 2021: 137 institutionsQ1 2022: 126 institutionsQ2 2022: 140 institutionsQ3 2022: 150 institutionsQ4 2022: 172 institutionsQ1 2023: 170 institutionsQ2 2023: 172 institutionsQ3 2023: 180 institutionsQ4 2023: 196 institutionsQ1 2024: 184 institutionsQ2 2024: 187 institutionsQ3 2024: 178 institutionsQ4 2024: 181 institutionsQ1 2025: 177 institutionsQ2 2025: 184 institutionsQ3 2025: 194 institutionsQ4 2025: 193 institutionsQ1 2026: 193 institutionsQ2 2026: 200 institutions
Value heldQ2 2025: $448.5M
Q1 2021: $317.5MQ2 2021: $394.4MQ3 2021: $396.8MQ4 2021: $348.2MQ1 2022: $444.4MQ2 2022: $463.0MQ3 2022: $544.8MQ4 2022: $614.5MQ1 2023: $478.1MQ2 2023: $470.8MQ3 2023: $508.6MQ4 2023: $486.8MQ1 2024: $472.7MQ2 2024: $493.3MQ3 2024: $466.7MQ4 2024: $486.5MQ1 2025: $514.3MQ2 2025: $448.5MQ3 2025: $449.2MQ4 2025: $525.6MQ1 2026: $658.1MQ2 2026: $628.2M
Institutions holding BSM and their total value by quarter
QuarterHoldersValue
Q2 2026200$628.2M
Q1 2026193$658.1M
Q4 2025193$525.6M
Q3 2025194$449.2M
Q2 2025184$448.5M
Q1 2025177$514.3M
Q4 2024181$486.5M
Q3 2024178$466.7M
Q2 2024187$493.3M
Q1 2024184$472.7M
Q4 2023196$486.8M
Q3 2023180$508.6M
Q2 2023172$470.8M
Q1 2023170$478.1M
Q4 2022172$614.5M
Q3 2022150$544.8M
Q2 2022140$463.0M
Q1 2022126$444.4M
Q4 2021137$348.2M
Q3 2021123$396.8M
Q2 2021107$394.4M
Q1 2021103$317.5M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Black Stone Minerals, L.P.; share changes are against Q1 2025.

Institutions holding BSM in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
William Marsh Rice University5,663,476$74.1M52.75%00.0%Unchanged
Morgan Stanley3,876,819$50.7M0.00%−231,048−5.6%Reduced
Bank of America Corp2,543,814$33.3M0.00%+17,556+0.7%Added
Penn Davis McFarland Inc1,851,892$24.2M2.73%−9,849−0.5%Reduced
Investment Management Associates Inc1,577,887$20.6M6.96%+42,553+2.8%Added
Natixis1,457,000$19.1M0.09%−20,700−1.4%Reduced
UBS Group AG1,253,920$16.4M0.00%+283,415+29.2%Added
Mirae Asset Global ETFs Holdings Ltd.963,313$12.6M0.02%+49,818+5.5%Added
Brown Advisory Inc896,934$11.7M0.02%00.0%Unchanged
Mudita Advisors LLP760,877$9.95M3.34%00.0%Unchanged
Kempner Capital Management Inc.759,343$9.93M5.32%+260,727+52.3%Added
HighTower Advisors, LLC655,630$8.58M0.01%+252,729+62.7%Added
Concorde Financial Corp601,495$7.87M4.65%−1,879−0.3%Reduced
Cresset Asset Management, LLC596,853$7.81M0.04%00.0%Unchanged
Epacria Capital Partners, LLC578,422$7.57M6.32%00.0%Unchanged
Fayez Sarofim & Co515,045$6.74M0.02%+24,305+5.0%Added
Fiducient Advisors LLC477,189$6.24M0.76%−268,234−36.0%Reduced
Cambridge Investment Research Advisors, Inc.399,907$5.23M0.02%+4,027+1.0%Added
Regions Financial Corp395,999$5.18M0.04%+5,500+1.4%Added
Clarus Group, Inc.333,996$4.37M1.60%00.0%Unchanged
First Trust Advisors LP333,834$4.37M0.00%−42,669−11.3%Reduced
Lummis Asset Management, LP340,513$4.27M2.79%00.0%Unchanged
Northern Trust Corp298,164$3.90M0.00%−5,000−1.6%Reduced
Horizon Kinetics Asset Management LLC268,638$3.51M0.04%00.0%Unchanged
Raymond James Financial Inc263,307$3.44M0.00%+16,237+6.6%Added
Evergreen Capital Management LLC260,190$3.40M0.10%−2,910−1.1%Reduced
Citigroup Inc255,007$3.34M0.00%+89,021+53.6%Added
GraniteShares Advisors LLC191,917$2.51M1.54%+11,990+6.7%Added
Hill Investment Group Partners, LLC177,487$2.32M0.30%00.0%Unchanged
LPL Financial LLC175,728$2.30M0.00%+28,222+19.1%Added
CI Private Wealth, LLC174,476$2.28M0.00%+58,277+50.2%Added
ING Groep NV161,000$2.11M0.01%+161,000New
LMG Wealth Partners, LLC150,245$1.97M0.40%00.0%Unchanged
Board of Trustees of The Leland Stanford Junior University147,852$1.93M0.21%00.0%Unchanged
Spirit of America Management Corp142,999$1.87M0.39%−76,000−34.7%Reduced
Royal Bank of Canada142,886$1.87M0.00%+22,992+19.2%Added
Stifel Financial Corp137,887$1.80M0.00%−34,038−19.8%Reduced
Mraz, Amerine & Associates, Inc.132,598$1.73M0.28%+9,338+7.6%Added
Wells Fargo & Company127,301$1.67M0.00%+37,775+42.2%Added
CIBC Private Wealth Group, LLC125,295$1.64M0.00%−30,775−19.7%Reduced
McDaniel Terry & Co119,987$1.57M0.13%00.0%Unchanged
Citadel Advisors LLC114,864$1.50M0.00%−22,287−16.2%Reduced
O'Brien Greene & Co. Inc100,000$1.31M0.43%00.0%Unchanged
Beacon Pointe Advisors, LLC99,903$1.31M0.01%+125+0.1%Added
Invesco Ltd.94,180$1.23M0.00%+8,730+10.2%Added
Jump Financial, LLC94,025$1.23M0.02%+94,025New
AlphaCore Capital LLC93,980$1.23M0.05%+15,000+19.0%Added
Mercer Global Advisors Inc93,592$1.22M0.00%−1,272−1.3%Reduced
Howard Financial Services, Ltd.91,882$1.20M0.16%+220+0.2%Added
Savant Capital, LLC90,742$1.19M0.01%00.0%Unchanged
Eagle Global Advisors LLC89,122$1.17M0.05%00.0%Unchanged
Anthracite Investment Company, Inc.88,104$1.15M0.60%00.0%Unchanged
Rahlfs Capital, LLC84,267$1.10M1.01%00.0%Unchanged
Icon Wealth Advisors, LLC84,263$1.10M0.08%+2,227+2.7%Added
Zions Bancorporation, National Association82,533$1.08M0.06%00.0%Unchanged
Independent Advisor Alliance74,998$981.0K0.03%+1,511+2.1%Added
Avenir Corp73,900$966.6K0.10%00.0%Unchanged
Cetera Investment Advisers71,222$931.6K0.00%−1,581−2.2%Reduced
Gruss & Co., LLC71,016$928.9K4.34%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.68,000$889.4K0.00%00.0%Unchanged
Cullen/Frost Bankers, Inc.67,359$881.1K0.01%00.0%Unchanged
Franklin Resources Inc67,018$876.6K0.00%−5,339−7.4%Reduced
Bramshill Investments, LLC66,594$871.0K0.09%+1,860+2.9%Added
Moors & Cabot, Inc.63,000$824.0K0.04%+900+1.4%Added
Jefferies Financial Group Inc.62,400$816.2K0.01%00.0%Unchanged
Bahl & Gaynor Inc61,500$804.4K0.00%00.0%Unchanged
Welch & Forbes LLC58,966$771.3K0.01%00.0%Unchanged
Adviser Investments LLC58,873$770.1K0.01%00.0%Unchanged
Envestnet Asset Management Inc58,036$759.1K0.00%00.0%Unchanged
Caldwell Sutter Capital, Inc.55,790$729.7K0.33%00.0%Unchanged
Clear Harbor Asset Management, LLC52,032$680.6K0.05%00.0%Unchanged
CoreCommodity Management, LLC49,725$650.4K0.11%−1,656−3.2%Reduced
Advisory Services Network, LLC48,375$606.1K0.01%+32,650+207.6%Added
Ancora Advisors, LLC41,899$548.0K0.01%−4,239−9.2%Reduced
BancorpSouth Bank40,097$524.5K0.03%+1,063+2.7%Added
Family Management Corp39,767$520.2K0.08%00.0%Unchanged
Goldman Sachs Group Inc37,352$488.6K0.00%+37,352New
Susquehanna International Group, LLP36,638$479.2K0.00%+12,457+51.5%Added
Fort Sheridan Advisors LLC36,540$477.9K0.07%−19,131−34.4%Reduced
Gsa Capital Partners LLP36,463$477.0K0.03%+36,463New
Chase Investment Counsel Corp34,914$456.0K0.15%00.0%Unchanged
Commonwealth Equity Services, LLC34,411$450.0K0.00%+795+2.4%Added
Aristides Capital LLC34,396$449.9K0.14%00.0%Unchanged
Advisor Group Holdings, Inc.33,567$439.1K0.00%−8,398−20.0%Reduced
JFS Wealth Advisors, LLC32,747$428.3K0.03%00.0%Unchanged
Bartlett & Co. Wealth Management LLC32,746$428.3K0.01%00.0%Unchanged
State of Wyoming31,657$414.1K0.05%−2,834−8.2%Reduced
Autumn Glory Partners, LLC31,600$413.3K0.19%00.0%Unchanged
Doliver Advisors, LP31,374$410.4K0.11%−360−1.1%Reduced
Grandfield & Dodd, LLC30,382$397.4K0.02%+30,382New
Global Retirement Partners, LLC29,450$385.2K0.01%+29,450New
Avidian Wealth Solutions, LLC29,000$379.3K0.02%00.0%Unchanged
Flagship Harbor Advisors, LLC26,323$344.3K0.02%+343+1.3%Added
MAS Advisors LLC26,176$342.4K0.56%+1,041+4.1%Added
Fiduciary Group LLC25,120$328.6K0.03%+3,902+18.4%Added
Sunbelt Securities, Inc.21,294$310.9K0.03%−72−0.3%Reduced
IHT Wealth Management, LLC22,598$295.6K0.01%+1,104+5.1%Added
Truist Financial Corp22,288$291.5K0.00%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC21,956$287.2K0.01%+187+0.9%Added
Cypress Wealth Services, LLC21,437$280.4K0.05%00.0%Unchanged