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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, Q1 2026

Institutional positions in Black Stone Minerals, L.P. as of Mar 31, 2026. 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
+3 vs. Q4 2025
Shares held
43.5M
+3.56M (+8.9%) vs. Q4 2025
Total value
$658.1M
+$141.1M (+27.3%) vs. Q4 2025
New holders
18
53 more added
Sold out
15
44 more reduced

3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 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 heldQ1 2026: $658.1M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Black Stone Minerals, L.P.; share changes are against Q4 2025.

Institutions holding BSM in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley8,271,758$125.1M0.01%+1,164,085+16.4%Added
William Marsh Rice University5,663,476$85.6M38.81%00.0%Unchanged
FMR LLC4,537,171$68.6M0.00%+2,656,049+141.2%Added
Bank of America Corp2,107,292$31.9M0.00%−68,145−3.1%Reduced
Penn Davis McFarland Inc1,959,588$29.6M2.90%−7,879−0.4%Reduced
Investment Management Associates Inc1,901,002$28.7M7.79%−1,419−0.1%Reduced
Natixis1,579,900$23.9M0.10%00.0%Unchanged
Ameriprise Financial Inc1,181,399$17.9M0.00%+1,181,399New
Brown Advisory Inc878,003$13.3M0.02%00.0%Unchanged
Long Corridor Asset Management Ltd772,000$11.7M2.84%+772,000New
Mudita Advisors LLP760,877$11.5M2.35%00.0%Unchanged
ING Groep NV728,600$11.0M0.07%00.0%Unchanged
Fayez Sarofim & Co633,364$9.58M0.02%+94,013+17.4%Added
HighTower Advisors, LLC616,557$9.32M0.01%+11,490+1.9%Added
Cresset Asset Management, LLC602,282$9.11M0.04%+3,620+0.6%Added
Epacria Capital Partners, LLC580,716$8.78M6.80%00.0%Unchanged
Saber Capital Managment, LLC572,399$8.65M6.71%−58,823−9.3%Reduced
Citigroup Inc546,633$8.27M0.01%−207,912−27.6%Reduced
Wells Fargo & Company413,669$6.25M0.00%+52,366+14.5%Added
Cambridge Investment Research Advisors, Inc.407,455$6.16M0.02%+1,022+0.3%Added
Chilton Capital Management LLC337,472$5.10M0.18%00.0%Unchanged
Lummis Asset Management, LP343,843$4.93M2.94%+800+0.2%Added
Forum Financial Management, LP300,000$4.54M0.06%00.0%Unchanged
Northern Trust Corp298,164$4.51M0.00%00.0%Unchanged
First Trust Advisors LP249,262$3.77M0.00%−34,918−12.3%Reduced
Regions Financial Corp201,349$3.04M0.02%−189,150−48.4%Reduced
Evergreen Capital Management LLC197,960$2.99M0.06%−1,515−0.8%Reduced
UBS Group AG192,626$2.91M0.00%−420,479−68.6%Reduced
HRT Financial LP182,791$2.76M0.01%−18,296−9.1%Reduced
GraniteShares Advisors LLC179,254$2.71M1.95%−20,520−10.3%Reduced
Hill Investment Group Partners, LLC177,487$2.68M0.30%00.0%Unchanged
Jump Financial, LLC175,692$2.66M0.04%+10,080+6.1%Added
LPL Financial LLC171,640$2.60M0.00%−5,177−2.9%Reduced
Raymond James Financial Inc171,076$2.59M0.00%+5,141+3.1%Added
Stifel Financial Corp161,887$2.45M0.00%+300+0.2%Added
Horizon Kinetics Asset Management LLC151,238$2.29M0.02%00.0%Unchanged
Board of Trustees of The Leland Stanford Junior University147,852$2.24M0.26%00.0%Unchanged
Fiducient Advisors LLC142,237$2.15M0.28%−100,311−41.4%Reduced
AlphaCore Capital LLC138,860$2.10M0.05%+7,898+6.0%Added
Mraz, Amerine & Associates, Inc.133,651$2.02M0.30%00.0%Unchanged
Bahl & Gaynor Inc131,500$1.99M0.01%00.0%Unchanged
Cullen/Frost Bankers, Inc.123,715$1.87M0.02%−19,769−13.8%Reduced
Rare Wolf Capital LLC122,876$1.86M1.20%+50,046+68.7%Added
Royal Bank of Canada121,536$1.84M0.00%+617+0.5%Added
McDaniel Terry & Co119,987$1.81M0.15%00.0%Unchanged
Americana Partners, LLC117,547$1.78M0.05%−8,880−7.0%Reduced
Goldman Sachs Group Inc106,782$1.61M0.00%+90,488+555.3%Added
Beacon Pointe Advisors, LLC102,206$1.55M0.01%+22,414+28.1%Added
LMG Wealth Partners, LLC101,824$1.54M0.28%00.0%Unchanged
Rahlfs Capital, LLC100,062$1.51M1.11%00.0%Unchanged
O'Brien Greene & Co. Inc100,000$1.51M0.43%00.0%Unchanged
Bokf, NA98,000$1.48M0.02%+98,000New
Ashton Thomas Private Wealth, LLC95,749$1.45M0.03%+95,749New
Mercer Global Advisors Inc93,756$1.42M0.00%+191+0.2%Added
Howard Financial Services, Ltd.92,233$1.39M0.16%+169+0.2%Added
Savant Capital, LLC87,579$1.32M0.01%−1,477−1.7%Reduced
Gem Investment Advisors, LLC84,632$1.28M1.26%00.0%Unchanged
Zions Bancorporation, National Association82,533$1.25M0.08%00.0%Unchanged
Tweedy, Browne Co LLC77,364$1.17M0.09%+27,535+55.3%Added
Exchange Traded Concepts, LLC77,364$1.17M0.01%+27,535+55.3%Added
Chase Investment Counsel Corp75,577$1.14M0.30%00.0%Unchanged
Independent Advisor Alliance75,126$1.14M0.01%+39+0.1%Added
Invesco Ltd.74,014$1.12M0.00%+712+1.0%Added
Avenir Corp73,900$1.12M0.14%00.0%Unchanged
Gruss & Co., LLC71,016$1.07M2.51%00.0%Unchanged
CI Private Wealth, LLC66,974$1.01M0.00%−140,393−67.7%Reduced
Bramshill Investments, LLC65,096$984.3K0.08%−409−0.6%Reduced
Icon Wealth Advisors, LLC67,989$970.9K0.06%−1,814−2.6%Reduced
Franklin Resources Inc63,214$955.8K0.00%00.0%Unchanged
Moors & Cabot, Inc.60,700$917.8K0.04%−1,000−1.6%Reduced
Simplex Trading, LLC59,237$895.7K0.03%+31,165+111.0%Added
Welch & Forbes LLC58,966$891.6K0.01%00.0%Unchanged
Caldwell Sutter Capital, Inc.55,790$843.5K0.34%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.50,000$756.0K0.00%00.0%Unchanged
Clear Harbor Asset Management, LLC49,307$745.5K0.05%00.0%Unchanged
Doliver Advisors, LP45,877$693.7K0.16%+10,853+31.0%Added
Adviser Investments LLC44,949$679.6K0.01%−1,461−3.1%Reduced
Advocate Investing Services LLC43,948$664.5K0.56%+185+0.4%Added
Quantinno Capital Management LP42,516$642.8K0.00%+1,228+3.0%Added
Aristides Capital LLC42,330$640.0K0.21%+6,814+19.2%Added
Mirae Asset Global ETFs Holdings Ltd.42,066$636.0K0.00%+3,248+8.4%Added
Advisory Services Network, LLC41,327$624.9K0.01%−1,900−4.4%Reduced
Mariner, LLC40,166$607.3K0.00%+13,877+52.8%Added
Family Management Corp39,767$601.3K0.07%00.0%Unchanged
Jane Street Group, LLC38,714$585.4K0.00%−20,415−34.5%Reduced
Spirit of America Management Corp37,999$574.5K0.11%00.0%Unchanged
Fort Sheridan Advisors LLC35,867$542.3K0.07%00.0%Unchanged
US Bancorp34,775$525.8K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC32,747$495.1K0.03%00.0%Unchanged
Jones Financial Companies LLLP32,617$494.1K0.00%−53,663−62.2%Reduced
Avidian Wealth Solutions, LLC32,000$483.8K0.02%+2,000+6.7%Added
Bartlett & Co. Wealth Management LLC32,746$466.3K0.01%00.0%Unchanged
Grandfield & Dodd, LLC30,382$459.4K0.03%00.0%Unchanged
First Eagle Investment Management, LLC30,003$453.6K0.00%+7,743+34.8%Added
Ancora Advisors, LLC29,680$448.8K0.01%−7,190−19.5%Reduced
Cetera Investment Advisers28,773$435.0K0.00%−1,791−5.9%Reduced
Pekin Hardy Strauss, Inc.28,050$424.1K0.04%+1,700+6.5%Added
Hyperion Capital Advisors LP27,222$411.6K0.20%00.0%Unchanged
Truist Financial Corp26,676$403.3K0.00%00.0%Unchanged
We Are One Seven, LLC25,861$391.0K0.01%−931−3.5%Reduced