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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, 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.

Institutional holdersQ3 2025: 194 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 heldQ3 2025: $449.2M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Black Stone Minerals, L.P.; share changes are against Q2 2025.

Institutions holding BSM in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
MML Investors Services, LLC27,233$357.8K0.00%+27,233New
Autumn Glory Partners, LLC29,600$388.9K0.16%−2,000−6.3%Reduced
Avidian Wealth Solutions, LLC30,000$394.2K0.01%+1,000+3.4%Added
Grandfield & Dodd, LLC30,382$399.2K0.02%00.0%Unchanged
Advisor Group Holdings, Inc.33,245$411.5K0.00%−322−1.0%Reduced
Bartlett & Co. Wealth Management LLC32,746$430.3K0.01%00.0%Unchanged
JFS Wealth Advisors, LLC32,747$430.3K0.03%00.0%Unchanged
Cetera Investment Advisers33,288$437.4K0.00%−37,934−53.3%Reduced
Doliver Advisors, LP34,174$449.0K0.12%+2,800+8.9%Added
Aristides Capital LLC34,396$452.0K0.13%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.34,413$452.2K0.00%−928,900−96.4%Reduced
Fort Sheridan Advisors LLC35,867$471.3K0.06%−673−1.8%Reduced
Alps Advisors Inc36,390$478.2K0.00%+36,390New
Ancora Advisors, LLC38,360$504.1K0.01%−3,539−8.4%Reduced
Family Management Corp39,767$522.5K0.07%00.0%Unchanged
Americana Partners, LLC40,471$531.8K0.02%+40,471New
CoreCommodity Management, LLC41,962$551.4K0.10%−7,763−15.6%Reduced
Quantinno Capital Management LP42,617$560.0K0.00%+42,617New
Tweedy, Browne Co LLC42,701$561.1K0.05%+21,846+104.8%Added
Exchange Traded Concepts, LLC42,701$561.1K0.01%+21,846+104.8%Added
Advisory Services Network, LLC48,375$635.6K0.01%00.0%Unchanged
Clear Harbor Asset Management, LLC49,307$647.9K0.05%−2,725−5.2%Reduced
FourWorld Capital Management LLC49,714$653.2K1.58%+49,714New
Adviser Investments LLC49,897$655.6K0.01%−8,976−15.2%Reduced
Sumitomo Mitsui Trust Holdings, Inc.50,000$657.0K0.00%−18,000−26.5%Reduced
DRW Securities, LLC55,010$723.2K0.04%+55,010New
Caldwell Sutter Capital, Inc.55,790$733.1K0.31%00.0%Unchanged
Cullen/Frost Bankers, Inc.56,312$739.9K0.01%−11,047−16.4%Reduced
Welch & Forbes LLC58,966$774.8K0.01%00.0%Unchanged
Bahl & Gaynor Inc61,500$808.1K0.00%00.0%Unchanged
Jefferies Financial Group Inc.62,400$819.9K0.01%00.0%Unchanged
Moors & Cabot, Inc.62,700$823.9K0.04%−300−0.5%Reduced
Bramshill Investments, LLC65,052$854.8K0.06%−1,542−2.3%Reduced
Vident Advisory, LLC65,052$854.8K0.01%+65,052New
Franklin Resources Inc67,018$880.6K0.00%00.0%Unchanged
Icon Wealth Advisors, LLC69,521$913.5K0.06%−14,742−17.5%Reduced
HRT Financial LP69,611$914.0K0.00%+69,611New
Gruss & Co., LLC71,016$933.1K2.43%00.0%Unchanged
Susquehanna International Group, LLP72,301$950.0K0.00%+35,663+97.3%Added
Avenir Corp73,900$971.0K0.10%00.0%Unchanged
Independent Advisor Alliance75,044$986.1K0.03%+46+0.1%Added
Chase Investment Counsel Corp75,577$993.0K0.29%+40,663+116.5%Added
Beacon Pointe Advisors, LLC75,790$995.9K0.01%−24,113−24.1%Reduced
Rangeley Capital, LLC78,173$1.03M0.97%+78,173New
Spirit of America Management Corp80,999$1.06M0.21%−62,000−43.4%Reduced
Zions Bancorporation, National Association82,533$1.08M0.05%00.0%Unchanged
CI Private Wealth, LLC86,324$1.13M0.00%−88,152−50.5%Reduced
Savant Capital, LLC91,242$1.20M0.01%+500+0.6%Added
Howard Financial Services, Ltd.92,079$1.21M0.15%+197+0.2%Added
AlphaCore Capital LLC93,030$1.22M0.04%−950−1.0%Reduced
Invesco Ltd.93,547$1.23M0.00%−633−0.7%Reduced
Mercer Global Advisors Inc93,588$1.23M0.00%−40.0%Reduced
Rahlfs Capital, LLC99,917$1.31M1.04%+15,650+18.6%Added
O'Brien Greene & Co. Inc100,000$1.31M0.40%00.0%Unchanged
McDaniel Terry & Co119,987$1.58M0.13%00.0%Unchanged
Mraz, Amerine & Associates, Inc.134,694$1.77M0.28%+2,096+1.6%Added
LMG Wealth Partners, LLC135,162$1.78M0.33%−15,083−10.0%Reduced
Royal Bank of Canada138,451$1.82M0.00%−4,435−3.1%Reduced
Board of Trustees of The Leland Stanford Junior University147,852$1.94M0.23%00.0%Unchanged
CIBC Private Wealth Group, LLC148,542$1.95M0.00%+23,247+18.6%Added
Stifel Financial Corp152,062$2.00M0.00%+14,175+10.3%Added
Jump Financial, LLC156,800$2.06M0.03%+62,775+66.8%Added
Horizon Kinetics Asset Management LLC158,638$2.08M0.03%−110,000−40.9%Reduced
LPL Financial LLC166,650$2.19M0.00%−9,078−5.2%Reduced
Raymond James Financial Inc173,111$2.27M0.00%−90,196−34.3%Reduced
Hill Investment Group Partners, LLC177,487$2.33M0.28%00.0%Unchanged
Citadel Advisors LLC188,432$2.48M0.00%+73,568+64.0%Added
Wells Fargo & Company200,105$2.63M0.00%+72,804+57.2%Added
GraniteShares Advisors LLC210,447$2.77M1.60%+18,530+9.7%Added
Evergreen Capital Management LLC218,815$2.88M0.07%−41,375−15.9%Reduced
Northern Trust Corp298,164$3.92M0.00%00.0%Unchanged
Clarus Group, Inc.333,996$4.39M1.53%00.0%Unchanged
Lummis Asset Management, LP340,763$4.48M2.94%+250+0.1%Added
Citigroup Inc347,200$4.56M0.00%+92,193+36.2%Added
Regions Financial Corp390,499$5.13M0.03%−5,500−1.4%Reduced
Cambridge Investment Research Advisors, Inc.402,554$5.29M0.01%+2,647+0.7%Added
First Trust Advisors LP415,829$5.46M0.00%+81,995+24.6%Added
Fiducient Advisors LLC477,189$6.27M0.73%00.0%Unchanged
ING Groep NV509,700$6.70M0.04%+348,700+216.6%Added
Fayez Sarofim & Co539,351$7.09M0.02%+24,306+4.7%Added
UBS Group AG560,688$7.37M0.00%−693,232−55.3%Reduced
Epacria Capital Partners, LLC580,716$7.63M6.19%+2,294+0.4%Added
Kempner Capital Management Inc.582,128$7.65M6.37%−177,215−23.3%Reduced
Cresset Asset Management, LLC596,853$7.84M0.03%00.0%Unchanged
HighTower Advisors, LLC608,649$8.00M0.01%−46,981−7.2%Reduced
Concorde Financial Corp656,670$8.63M4.78%+55,175+9.2%Added
Mudita Advisors LLP760,877$10.0M2.89%00.0%Unchanged
Brown Advisory Inc886,934$11.7M0.02%−10,000−1.1%Reduced
Natixis1,457,000$19.1M0.10%00.0%Unchanged
Penn Davis McFarland Inc1,918,790$25.2M2.61%+66,898+3.6%Added
Investment Management Associates Inc1,934,739$25.4M7.57%+356,852+22.6%Added
Bank of America Corp2,600,182$34.2M0.00%+56,368+2.2%Added
Morgan Stanley4,524,850$59.5M0.00%+648,031+16.7%Added
William Marsh Rice University5,663,476$74.4M50.99%00.0%Unchanged
Anthracite Investment Company, Inc.0$00.00%−88,104−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−58,036−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−37,352−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−36,463−100.0%Sold out
Global Retirement Partners, LLC0$00.00%−29,450−100.0%Sold out
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management0$00.00%−17,000−100.0%Sold out