Who Owns Black Stone Minerals, L.P. (BSM)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$7.526762000290002e+201T
% of Float Held
3.1887377720872667e+300%
QoQ Change in Holders
+14 / -4
Price History
BSM — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| William Marsh Rice University | New Position | +5.7M | +$75.3M |
| PENN DAVIS MCFARLAND INC | New Position | +2.0M | +$26.1M |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | New Position | +1.9M | +$25.3M |
| FMR LLC | New Position | +1.9M | +$25.0M |
| Saber Capital Managment, LLC | New Position | +631K | +$8.0M |
| KEMPNER CAPITAL MANAGEMENT INC. | New Position | +439K | +$6.2M |
| CHILTON CAPITAL MANAGEMENT LLC | New Position | +337K | +$4.5M |
| Forum Financial Management, LP | New Position | +300K | +$4.0M |
| FIDUCIENT ADVISORS LLC | New Position | +243K | +$3.2M |
| EVERGREEN CAPITAL MANAGEMENT LLC | New Position | +199K | +$2.7M |
| Board of Trustees of The Leland Stanford Junior University | New Position | +148K | +$2.0M |
| Americana Partners, LLC | New Position | +126K | +$1.7M |
| MCDANIEL TERRY & CO | New Position | +120K | +$1.6M |
| HOWARD FINANCIAL SERVICES, LTD. | New Position | +92K | +$1.2M |
| HRT FINANCIAL LP | Increased | +131K | +$1.1M |
BSM — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | Decreased | -425K | -$34.1B |
| BROWN ADVISORY INC | Decreased | -9K | -$11.6B |
| Concorde Financial Corp | Closed Position | -657K | -$8.6B |
| HighTower Advisors, LLC | Decreased | -4K | -$8.0B |
| FIRST TRUST ADVISORS LP | Decreased | -132K | -$5.5B |
| CIBC Bancorp USA Inc. | Closed Position | -267K | -$3.5B |
| RAYMOND JAMES FINANCIAL INC | Decreased | -7K | -$2.3B |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Decreased | -7K | -$2.1B |
| ROYAL BANK OF CANADA | Decreased | -18K | -$1.8B |
| LMG Wealth Partners, LLC | Decreased | -33K | -$1.8B |
| Mraz, Amerine & Associates, Inc. | Decreased | -1K | -$1.8B |
| MERCER GLOBAL ADVISORS INC /ADV | Decreased | -23 | -$1.2B |
| Invesco Ltd. | Decreased | -20K | -$1.2B |
| Rangeley Capital, LLC | Closed Position | -78K | -$1.0B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Closed Position | -72K | -$950.0M |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | William Marsh Rice University | 5,663,476 | $75.3M | 36.99% | Share |
| 2 | MORGAN STANLEY | 4,687,102 | $62.0M | 0.00% | Share |
| 3 | MORGAN STANLEY | 2,190,623 | $29.0M | 0.00% | Share |
| 4 | PENN DAVIS MCFARLAND INC | 1,967,467 | $26.1M | 2.50% | Share |
| 5 | INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | 1,902,421 | $25.3M | 6.97% | Share |
| 6 | FMR LLC | 1,881,122 | $25.0M | 0.00% | Share |
| 7 | BANK OF AMERICA CORP /DE/ | 1,666,127 | $22.0M | 0.00% | Share |
| 8 | NATIXIS | 1,579,900 | $20.0M | 0.07% | Share |
| 9 | Mudita Advisors LLP | 760,877 | $10.1M | 2.19% | Share |
| 10 | CITIGROUP INC | 754,545 | $10.0M | 0.00% | Share |
| 11 | BROWN ADVISORY INC | 788,154 | $10.0M | 0.01% | Share |
| 12 | ING GROEP NV | 728,600 | $9.0M | 0.05% | Share |
| 13 | UBS Group AG | 602,467 | $8.0M | 0.00% | Share |
| 14 | HighTower Advisors, LLC | 605,067 | $8.0M | 0.01% | Share |
| 15 | Saber Capital Managment, LLC | 631,222 | $8.0M | 6.72% | Share |
| 16 | EPACRIA CAPITAL PARTNERS, LLC | 580,716 | $7.7M | 6.11% | Share |
| 17 | Cresset Asset Management, LLC | 598,662 | $7.0M | 0.03% | Share |
| 18 | FAYEZ SAROFIM & CO | 539,351 | $7.0M | 0.02% | Share |
| 19 | KEMPNER CAPITAL MANAGEMENT INC. | 439,295 | $6.2M | 5.85% | Share |
| 20 | BANK OF AMERICA CORP /DE/ | 491,026 | $6.0M | 0.00% | Share |
| 21 | REGIONS FINANCIAL CORP | 390,499 | $5.2M | 0.03% | Share |
| 22 | Cambridge Investment Research Advisors, Inc. | 406,433 | $5.0M | 0.01% | Share |
| 23 | Lummis Asset Management, LP | 343,043 | $4.5M | 2.77% | Share |
| 24 | CHILTON CAPITAL MANAGEMENT LLC | 337,472 | $4.5M | 0.15% | Share |
| 25 | WELLS FARGO & COMPANY/MN | 358,230 | $4.0M | 0.00% | Share |
| 26 | Forum Financial Management, LP | 300,000 | $4.0M | 0.05% | Share |
| 27 | FIDUCIENT ADVISORS LLC | 242,548 | $3.2M | 0.40% | Share |
| 28 | MORGAN STANLEY | 229,389 | $3.0M | 0.00% | Share |
| 29 | NORTHERN TRUST CORP | 298,164 | $3.0M | 0.00% | Share |
| 30 | FIRST TRUST ADVISORS LP | 284,180 | $3.0M | 0.00% | Share |
| 31 | Corient Private Wealth LLC | 207,367 | $2.8M | 0.00% | Share |
| 32 | EVERGREEN CAPITAL MANAGEMENT LLC | 199,475 | $2.7M | 0.06% | Share |
| 33 | Hill Investment Group Partners, LLC | 177,487 | $2.4M | 0.28% | Share |
| 34 | HORIZON KINETICS ASSET MANAGEMENT LLC | 151,238 | $2.0M | 0.03% | Share |
| 35 | CITADEL ADVISORS LLC | 219,456 | $2.0M | 0.00% | Share |
| 36 | STIFEL FINANCIAL CORP | 161,587 | $2.0M | 0.00% | Share |
| 37 | Jump Financial, LLC | 164,212 | $2.0M | 0.02% | Share |
| 38 | CIBC Private Wealth Group LLC | 164,140 | $2.0M | 0.00% | Share |
| 39 | PEAK6 LLC | 200,000 | $2.0M | 0.00% | Call |
| 40 | LPL Financial LLC | 176,817 | $2.0M | 0.00% | Share |
| 41 | HRT FINANCIAL LP | 201,087 | $2.0M | 0.01% | Share |
| 42 | Board of Trustees of The Leland Stanford Junior University | 147,852 | $2.0M | 0.40% | Share |
| 43 | Mraz, Amerine & Associates, Inc. | 133,651 | $1.8M | 0.26% | Share |
| 44 | BAHL & GAYNOR INC | 131,500 | $1.7M | 0.01% | Share |
| 45 | Americana Partners, LLC | 126,427 | $1.7M | 0.05% | Share |
| 46 | MCDANIEL TERRY & CO | 119,987 | $1.6M | 0.14% | Share |
| 47 | LMG Wealth Partners, LLC | 101,824 | $1.4M | 0.25% | Share |
| 48 | O'Brien Greene & Co. Inc | 100,000 | $1.3M | 0.39% | Share |
| 49 | RAHLFS CAPITAL, LLC | 100,062 | $1.3M | 1.03% | Share |
| 50 | HOWARD FINANCIAL SERVICES, LTD. | 92,064 | $1.2M | 0.14% | Share |
BSM Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 188 | $491.7M | +54 |
| Q3 2025 | 134 | $278.0B | -30 |
| Q2 2025 | 164 | $323.1B | -12 |
| Q1 2025 | 176 | $497.0B | +17 |
| Q4 2024 | 159 | $5.6T | +23 |
| Q3 2024 | 136 | $138.4T | -4 |
| Q2 2024 | 140 | $143.9T | +7 |
| Q1 2024 | 133 | $121.3T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold BSM (Black Stone Minerals, L.P.). The largest holder is William Marsh Rice University with $75.3M in shares. This quarter, 14 institutions opened new positions and 4 closed their positions.
Frequently Asked Questions
How many hedge funds own BSM?
As of Q4 2025, 50 institutional investors report holding BSM (Black Stone Minerals, L.P.) in their 13F filings.
Who is the largest institutional holder of BSM?
The largest institutional holder of BSM is William Marsh Rice University with $75.3M in shares.
Is institutional ownership of BSM increasing or decreasing?
This quarter, 14 institutions opened new positions in BSM and 4 closed their positions.