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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, Q4 2025

Institutional positions in Black Stone Minerals, L.P. as of Dec 31, 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
193
+1 vs. Q3 2025
Shares held
40.6M
+6.47M (+19.0%) vs. Q3 2025
Total value
$525.6M
+$76.8M (+17.1%) vs. Q3 2025
New holders
22
61 more added
Sold out
21
47 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 193 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 heldQ4 2025: $525.6M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Black Stone Minerals, L.P.; share changes are against Q3 2025.

Institutions holding BSM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Harbour Investments, Inc.2$280.00%00.0%Unchanged
CoreCap Advisors, LLC60$7970.00%00.0%Unchanged
Triumph Capital Management100$1.33K0.00%+100New
Russell Investments Group, Ltd.250$3.32K0.00%+250New
FWL Investment Management, LLC285$3.79K0.00%00.0%Unchanged
ESL Trust Services, LLC300$3.99K0.00%00.0%Unchanged
Parallel Advisors, LLC380$5.06K0.00%00.0%Unchanged
CWM, LLC450$6.00K0.00%00.0%Unchanged
Private Trust Co NA500$6.64K0.00%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC500$6.64K0.00%00.0%Unchanged
Golden State Wealth Management, LLC515$6.84K0.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.534$7.10K0.00%00.0%Unchanged
Assetmark, Inc560$7.44K0.00%+171+44.0%Added
Cypress Capital Management LLC (WY)600$7.97K0.01%00.0%Unchanged
Hilltop National Bank700$9.30K0.00%−11,200−94.1%Reduced
Federation des caisses Desjardins du Quebec800$10.6K0.00%+800New
Steward Partners Investment Advisory, LLC880$11.7K0.00%+90+11.4%Added
Wolff Wiese Magana LLC1,000$13.3K0.01%00.0%Unchanged
Aventura Private Wealth, LLC1,000$13.3K0.00%00.0%Unchanged
Northwestern University1,086,025$15.7K14.83%+1,086,025New
Sound Income Strategies, LLC1,300$18.3K0.00%00.0%Unchanged
Financial Management Professionals, Inc.1,484$19.7K0.00%+32+2.2%Added
Geneos Wealth Management Inc.1,580$21.0K0.00%00.0%Unchanged
NBC Securities, Inc.1,594$21.2K0.00%−467−22.7%Reduced
Bogart Wealth, LLC1,623$21.6K0.00%00.0%Unchanged
Wall Street Access Asset Management, LLC1,695$22.5K0.01%––
Farther Finance Advisors, LLC2,375$31.6K0.00%+900+61.0%Added
SRS Capital Advisors, Inc.2,410$32.0K0.00%+52+2.2%Added
Garton & Associates Financial Advisors LLC3,210$42.7K0.02%+3,210New
Barclays PLC3,388$45.0K0.00%−3,123−48.0%Reduced
Rockefeller Capital Management L.P.4,330$57.5K0.00%00.0%Unchanged
State of Wyoming4,848$64.4K0.01%+242+5.3%Added
Newbridge Financial Services Group, Inc.4,943$65.7K0.01%+1,962+65.8%Added
Vaughan Nelson Investment Management, L.P.5,600$74.4K0.00%00.0%Unchanged
Arlington Trust Co LLC6,250$83.1K0.01%00.0%Unchanged
Kestra Advisory Services, LLC6,439$85.6K0.00%+6,439New
TCTC Holdings, LLC6,666$88.6K0.00%00.0%Unchanged
Van Hulzen Asset Management, LLC10,000$132.9K0.01%00.0%Unchanged
Magnolia Capital Advisors LLC10,000$132.9K0.03%00.0%Unchanged
LB Partners LLC10,000$132.9K0.12%00.0%Unchanged
Lido Advisors, LLC10,083$134.0K0.00%+10,083New
Stratos Wealth Partners, LTD.10,318$137.1K0.00%+30.0%Added
Holderness Investments Co10,650$141.5K0.03%00.0%Unchanged
Baker Ellis Asset Management LLC11,000$146.2K0.02%00.0%Unchanged
LongView Wealth Management10,440$146.5K0.04%−955−8.4%Reduced
MAI Capital Management11,500$152.8K0.00%−300−2.5%Reduced
Astoria Portfolio Advisors LLC.10,673$158.6K0.04%+602+6.0%Added
EP Wealth Advisors, LLC12,039$160.0K0.00%+12,039New
Creative Planning12,215$162.3K0.00%−607−4.7%Reduced
Guardian Wealth Management, Inc.12,356$164.2K0.10%+39+0.3%Added
Hilltop Holdings Inc.12,600$167.5K0.01%−300−2.3%Reduced
Annandale Capital, LLC12,911$172.0K0.03%−1,471−10.2%Reduced
Autumn Glory Partners, LLC13,000$172.8K0.06%−16,600−56.1%Reduced
Sterling Capital Management LLC13,305$176.8K0.00%−60.0%Reduced
RSM US Wealth Management LLC13,145$177.9K0.00%+40+0.3%Added
Ballew Advisors, Inc12,897$183.0K0.10%−467−3.5%Reduced
Arrow Investment Advisors, LLC13,986$185.9K0.21%00.0%Unchanged
ORG Wealth Partners, LLC14,238$189.2K0.04%00.0%Unchanged
Novare Capital Management LLC14,400$191.4K0.01%+14,400New
Nicholson Meyer Capital Management, Inc.14,687$195.2K0.15%00.0%Unchanged
Commonwealth Equity Services, LLC15,485$205.8K0.00%+438+2.9%Added
Indie Asset Partners, LLC15,500$206.0K0.23%00.0%Unchanged
Two Sigma Securities, LLC15,732$209.1K0.03%+2,097+15.4%Added
Redhawk Wealth Advisors, Inc.15,885$211.1K0.02%+4,469+39.1%Added
Goldman Sachs Group Inc16,294$216.5K0.00%+16,294New
Alpha Wealth Funds, LLC16,200$218.9K0.15%00.0%Unchanged
BancorpSouth Bank16,556$220.0K0.01%−10,164−38.0%Reduced
WMG Financial Advisors, LLC16,750$222.6K0.09%+1,000+6.3%Added
Diversified Trust Co16,787$223.1K0.00%00.0%Unchanged
Toroso Investments, LLC16,933$225.0K0.00%+4,577+37.0%Added
Cullen Investment Group, Ltd.16,392$225.2K0.03%+351+2.2%Added
U.S. Capital Wealth Advisors, LLC17,565$233.4K0.01%−500−2.8%Reduced
Colonial River Wealth Management, LLC18,175$241.5K0.09%−655−3.5%Reduced
Axxcess Wealth Management, LLC18,175$241.5K0.00%−655−3.5%Reduced
Eagle Global Advisors LLC18,304$243.3K0.01%00.0%Unchanged
Ausdal Financial Partners, Inc.18,395$244.5K0.01%+18,395New
Flagship Harbor Advisors, LLC18,609$247.3K0.01%−1,795−8.8%Reduced
Fiduciary Group LLC18,730$248.9K0.02%−8,290−30.7%Reduced
JPMorgan Chase & Co18,738$249.0K0.00%+756+4.2%Added
IHT Wealth Management, LLC18,828$250.2K0.01%+94+0.5%Added
Cypress Wealth Services, LLC19,662$261.3K0.04%−1,775−8.3%Reduced
The PNC Financial Services Group, Inc.19,730$262.2K0.00%00.0%Unchanged
Sunbelt Securities, Inc.19,781$262.9K0.02%−1,792−8.3%Reduced
Franklin Street Advisors Inc20,000$265.8K0.02%00.0%Unchanged
IKE Capital, LLC20,000$265.8K0.23%+20,000New
Moody National Bank Trust Division20,221$268.7K0.03%+1,085+5.7%Added
Concurrent Investment Advisors, LLC20,427$271.5K0.00%+20,427New
Waterloo Capital, L.P.21,000$279.1K0.02%00.0%Unchanged
First Eagle Investment Management, LLC22,260$295.8K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.22,843$303.6K0.00%−10,402−31.3%Reduced
CAPROCK Group, Inc.24,071$319.9K0.01%+24,071New
ARGI Investment Services, LLC24,112$320.4K0.02%+23,958+15,557.1%Added
Mariner, LLC26,289$349.4K0.00%+12,207+86.7%Added
Pekin Hardy Strauss, Inc.26,350$350.2K0.03%+8,800+50.1%Added
Truist Financial Corp26,676$354.5K0.00%00.0%Unchanged
We Are One Seven, LLC26,792$356.1K0.01%+26,792New
Hyperion Capital Advisors LP27,222$361.8K0.18%+27,222New
Simplex Trading, LLC28,072$373.1K0.01%+25,027+821.9%Added
Avidian Wealth Solutions, LLC30,000$398.7K0.01%00.0%Unchanged
Grandfield & Dodd, LLC30,382$403.8K0.02%00.0%Unchanged