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, Q3 2025
Institutional positions in Black Stone Minerals, L.P. as of Sep 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
- 194
- +11 vs. Q2 2025
- Shares held
- 34.2M
- −126.9K (−0.4%) vs. Q2 2025
- Total value
- $449.2M
- +$863.3K (+0.2%) vs. Q2 2025
- New holders
- 24
- 51 more added
- Sold out
- 13
- 57 more reduced
1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 200 | $628.2M |
| Q1 2026 | 193 | $658.1M |
| Q4 2025 | 193 | $525.6M |
| Q3 2025 | 194 | $449.2M |
| Q2 2025 | 184 | $448.5M |
| Q1 2025 | 177 | $514.3M |
| Q4 2024 | 181 | $486.5M |
| Q3 2024 | 178 | $466.7M |
| Q2 2024 | 187 | $493.3M |
| Q1 2024 | 184 | $472.7M |
| Q4 2023 | 196 | $486.8M |
| Q3 2023 | 180 | $508.6M |
| Q2 2023 | 172 | $470.8M |
| Q1 2023 | 170 | $478.1M |
| Q4 2022 | 172 | $614.5M |
| Q3 2022 | 150 | $544.8M |
| Q2 2022 | 140 | $463.0M |
| Q1 2022 | 126 | $444.4M |
| Q4 2021 | 137 | $348.2M |
| Q3 2021 | 123 | $396.8M |
| Q2 2021 | 107 | $394.4M |
| Q1 2021 | 103 | $317.5M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Black Stone Minerals, L.P.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| William Marsh Rice University | 5,663,476 | $74.4M | 50.99% | 00.0% | Unchanged |
| Morgan Stanley | 4,524,850 | $59.5M | 0.00% | +648,031+16.7% | Added |
| Bank of America Corp | 2,600,182 | $34.2M | 0.00% | +56,368+2.2% | Added |
| Investment Management Associates Inc | 1,934,739 | $25.4M | 7.57% | +356,852+22.6% | Added |
| Penn Davis McFarland Inc | 1,918,790 | $25.2M | 2.61% | +66,898+3.6% | Added |
| Natixis | 1,457,000 | $19.1M | 0.10% | 00.0% | Unchanged |
| Brown Advisory Inc | 886,934 | $11.7M | 0.02% | −10,000−1.1% | Reduced |
| Mudita Advisors LLP | 760,877 | $10.0M | 2.89% | 00.0% | Unchanged |
| Concorde Financial Corp | 656,670 | $8.63M | 4.78% | +55,175+9.2% | Added |
| HighTower Advisors, LLC | 608,649 | $8.00M | 0.01% | −46,981−7.2% | Reduced |
| Cresset Asset Management, LLC | 596,853 | $7.84M | 0.03% | 00.0% | Unchanged |
| Kempner Capital Management Inc. | 582,128 | $7.65M | 6.37% | −177,215−23.3% | Reduced |
| Epacria Capital Partners, LLC | 580,716 | $7.63M | 6.19% | +2,294+0.4% | Added |
| UBS Group AG | 560,688 | $7.37M | 0.00% | −693,232−55.3% | Reduced |
| Fayez Sarofim & Co | 539,351 | $7.09M | 0.02% | +24,306+4.7% | Added |
| ING Groep NV | 509,700 | $6.70M | 0.04% | +348,700+216.6% | Added |
| Fiducient Advisors LLC | 477,189 | $6.27M | 0.73% | 00.0% | Unchanged |
| First Trust Advisors LP | 415,829 | $5.46M | 0.00% | +81,995+24.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 402,554 | $5.29M | 0.01% | +2,647+0.7% | Added |
| Regions Financial Corp | 390,499 | $5.13M | 0.03% | −5,500−1.4% | Reduced |
| Citigroup Inc | 347,200 | $4.56M | 0.00% | +92,193+36.2% | Added |
| Lummis Asset Management, LP | 340,763 | $4.48M | 2.94% | +250+0.1% | Added |
| Clarus Group, Inc. | 333,996 | $4.39M | 1.53% | 00.0% | Unchanged |
| Northern Trust Corp | 298,164 | $3.92M | 0.00% | 00.0% | Unchanged |
| Evergreen Capital Management LLC | 218,815 | $2.88M | 0.07% | −41,375−15.9% | Reduced |
| GraniteShares Advisors LLC | 210,447 | $2.77M | 1.60% | +18,530+9.7% | Added |
| Wells Fargo & Company | 200,105 | $2.63M | 0.00% | +72,804+57.2% | Added |
| Citadel Advisors LLC | 188,432 | $2.48M | 0.00% | +73,568+64.0% | Added |
| Hill Investment Group Partners, LLC | 177,487 | $2.33M | 0.28% | 00.0% | Unchanged |
| Raymond James Financial Inc | 173,111 | $2.27M | 0.00% | −90,196−34.3% | Reduced |
| LPL Financial LLC | 166,650 | $2.19M | 0.00% | −9,078−5.2% | Reduced |
| Horizon Kinetics Asset Management LLC | 158,638 | $2.08M | 0.03% | −110,000−40.9% | Reduced |
| Jump Financial, LLC | 156,800 | $2.06M | 0.03% | +62,775+66.8% | Added |
| Stifel Financial Corp | 152,062 | $2.00M | 0.00% | +14,175+10.3% | Added |
| CIBC Private Wealth Group, LLC | 148,542 | $1.95M | 0.00% | +23,247+18.6% | Added |
| Board of Trustees of The Leland Stanford Junior University | 147,852 | $1.94M | 0.23% | 00.0% | Unchanged |
| Royal Bank of Canada | 138,451 | $1.82M | 0.00% | −4,435−3.1% | Reduced |
| LMG Wealth Partners, LLC | 135,162 | $1.78M | 0.33% | −15,083−10.0% | Reduced |
| Mraz, Amerine & Associates, Inc. | 134,694 | $1.77M | 0.28% | +2,096+1.6% | Added |
| McDaniel Terry & Co | 119,987 | $1.58M | 0.13% | 00.0% | Unchanged |
| O'Brien Greene & Co. Inc | 100,000 | $1.31M | 0.40% | 00.0% | Unchanged |
| Rahlfs Capital, LLC | 99,917 | $1.31M | 1.04% | +15,650+18.6% | Added |
| Mercer Global Advisors Inc | 93,588 | $1.23M | 0.00% | −40.0% | Reduced |
| Invesco Ltd. | 93,547 | $1.23M | 0.00% | −633−0.7% | Reduced |
| AlphaCore Capital LLC | 93,030 | $1.22M | 0.04% | −950−1.0% | Reduced |
| Howard Financial Services, Ltd. | 92,079 | $1.21M | 0.15% | +197+0.2% | Added |
| Savant Capital, LLC | 91,242 | $1.20M | 0.01% | +500+0.6% | Added |
| CI Private Wealth, LLC | 86,324 | $1.13M | 0.00% | −88,152−50.5% | Reduced |
| Zions Bancorporation, National Association | 82,533 | $1.08M | 0.05% | 00.0% | Unchanged |
| Spirit of America Management Corp | 80,999 | $1.06M | 0.21% | −62,000−43.4% | Reduced |
| Rangeley Capital, LLC | 78,173 | $1.03M | 0.97% | +78,173 | New |
| Beacon Pointe Advisors, LLC | 75,790 | $995.9K | 0.01% | −24,113−24.1% | Reduced |
| Chase Investment Counsel Corp | 75,577 | $993.0K | 0.29% | +40,663+116.5% | Added |
| Independent Advisor Alliance | 75,044 | $986.1K | 0.03% | +46+0.1% | Added |
| Avenir Corp | 73,900 | $971.0K | 0.10% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 72,301 | $950.0K | 0.00% | +35,663+97.3% | Added |
| Gruss & Co., LLC | 71,016 | $933.1K | 2.43% | 00.0% | Unchanged |
| HRT Financial LP | 69,611 | $914.0K | 0.00% | +69,611 | New |
| Icon Wealth Advisors, LLC | 69,521 | $913.5K | 0.06% | −14,742−17.5% | Reduced |
| Franklin Resources Inc | 67,018 | $880.6K | 0.00% | 00.0% | Unchanged |
| Bramshill Investments, LLC | 65,052 | $854.8K | 0.06% | −1,542−2.3% | Reduced |
| Vident Advisory, LLC | 65,052 | $854.8K | 0.01% | +65,052 | New |
| Moors & Cabot, Inc. | 62,700 | $823.9K | 0.04% | −300−0.5% | Reduced |
| Jefferies Financial Group Inc. | 62,400 | $819.9K | 0.01% | 00.0% | Unchanged |
| Bahl & Gaynor Inc | 61,500 | $808.1K | 0.00% | 00.0% | Unchanged |
| Welch & Forbes LLC | 58,966 | $774.8K | 0.01% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 56,312 | $739.9K | 0.01% | −11,047−16.4% | Reduced |
| Caldwell Sutter Capital, Inc. | 55,790 | $733.1K | 0.31% | 00.0% | Unchanged |
| DRW Securities, LLC | 55,010 | $723.2K | 0.04% | +55,010 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 50,000 | $657.0K | 0.00% | −18,000−26.5% | Reduced |
| Adviser Investments LLC | 49,897 | $655.6K | 0.01% | −8,976−15.2% | Reduced |
| FourWorld Capital Management LLC | 49,714 | $653.2K | 1.58% | +49,714 | New |
| Clear Harbor Asset Management, LLC | 49,307 | $647.9K | 0.05% | −2,725−5.2% | Reduced |
| Advisory Services Network, LLC | 48,375 | $635.6K | 0.01% | 00.0% | Unchanged |
| Tweedy, Browne Co LLC | 42,701 | $561.1K | 0.05% | +21,846+104.8% | Added |
| Exchange Traded Concepts, LLC | 42,701 | $561.1K | 0.01% | +21,846+104.8% | Added |
| Quantinno Capital Management LP | 42,617 | $560.0K | 0.00% | +42,617 | New |
| CoreCommodity Management, LLC | 41,962 | $551.4K | 0.10% | −7,763−15.6% | Reduced |
| Americana Partners, LLC | 40,471 | $531.8K | 0.02% | +40,471 | New |
| Family Management Corp | 39,767 | $522.5K | 0.07% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 38,360 | $504.1K | 0.01% | −3,539−8.4% | Reduced |
| Alps Advisors Inc | 36,390 | $478.2K | 0.00% | +36,390 | New |
| Fort Sheridan Advisors LLC | 35,867 | $471.3K | 0.06% | −673−1.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 34,413 | $452.2K | 0.00% | −928,900−96.4% | Reduced |
| Aristides Capital LLC | 34,396 | $452.0K | 0.13% | 00.0% | Unchanged |
| Doliver Advisors, LP | 34,174 | $449.0K | 0.12% | +2,800+8.9% | Added |
| Cetera Investment Advisers | 33,288 | $437.4K | 0.00% | −37,934−53.3% | Reduced |
| JFS Wealth Advisors, LLC | 32,747 | $430.3K | 0.03% | 00.0% | Unchanged |
| Bartlett & Co. Wealth Management LLC | 32,746 | $430.3K | 0.01% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 33,245 | $411.5K | 0.00% | −322−1.0% | Reduced |
| Grandfield & Dodd, LLC | 30,382 | $399.2K | 0.02% | 00.0% | Unchanged |
| Avidian Wealth Solutions, LLC | 30,000 | $394.2K | 0.01% | +1,000+3.4% | Added |
| Autumn Glory Partners, LLC | 29,600 | $388.9K | 0.16% | −2,000−6.3% | Reduced |
| MML Investors Services, LLC | 27,233 | $357.8K | 0.00% | +27,233 | New |
| MAS Advisors LLC | 27,089 | $355.9K | 0.56% | +913+3.5% | Added |
| Fiduciary Group LLC | 27,020 | $355.0K | 0.03% | +1,900+7.6% | Added |
| Jane Street Group, LLC | 26,873 | $353.1K | 0.00% | +26,873 | New |
| BancorpSouth Bank | 26,720 | $351.1K | 0.02% | −13,377−33.4% | Reduced |
| Truist Financial Corp | 26,676 | $350.5K | 0.00% | +4,388+19.7% | Added |
| ARGI Investment Services, LLC | 154 | $316.8K | 0.02% | −3−1.9% | Reduced |