DaveManuel.com · Institutional Ownership · Who Owns It
BLACK STONE MINERALS L P (BSM)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
204
Reporting holders
$647.0M
Reported value
1.1%
Calls
0.7%
Puts
+5
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| MORGAN STANLEY | $124.3M | 8,899,403 | 0.01% | 35q | +7.6%+$8.8M |
| William Marsh Rice University | $79.1M | 5,663,476 | 36.09% | 31q | HELD |
| FMR LLC | $63.1M | 4,518,071 | 0.00% | 3q | HELD |
| BANK OF AMERICA CORP /DE/ | $29.1M | 2,080,058 | 0.00% | 31q | -1.3%-$380.5K |
| PENN DAVIS MCFARLAND INC | $27.4M | 1,958,137 | 2.44% | 31q | HELD |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | $25.8M | 1,848,184 | 5.30% | 22q | -2.8%-$737.9K |
| NATIXIS | $22.1M | 1,579,900 | 0.09% | 22q | HELD |
| AMERIPRISE FINANCIAL INC | $16.5M | 1,181,399 | 0.00% | 2q | HELD |
| Long Corridor Asset Management Ltd | $12.3M | 880,000 | 3.71% | 2q | +14.0%+$1.5M |
| BROWN ADVISORY INC | $12.2M | 870,666 | 0.02% | 31q | -0.8%-$102.5K |
| Cambridge Investment Research Advisors, Inc. | $11.4M | 816,260 | 0.01% | 31q | +100.3%+$5.7M |
| Mudita Advisors LLP | $10.6M | 760,877 | 2.21% | 19q | HELD |
| ING GROEP NV | $10.2M | 728,600 | 0.05% | 5q | HELD |
| Fayez Sarofim & Co | $8.8M | 633,364 | 0.02% | 31q | HELD |
| HighTower Advisors, LLC | $8.8M | 630,392 | 0.01% | 31q | +2.2%+$193.3K |
| Saber Capital Managment, LLC | $8.6M | 616,921 | 5.86% | 6q | +7.8%+$622.0K |
| Cresset Asset Management, LLC | $8.4M | 602,282 | 0.03% | 17q | HELD |
| EPACRIA CAPITAL PARTNERS, LLC | $8.1M | 580,716 | 6.26% | 15q | HELD |
| WELLS FARGO & COMPANY/MN | $6.9M | 491,892 | 0.00% | 31q | +18.9%+$1.1M |
| BlackRock, Inc. | $6.3M | 451,042 | 0.00% | new | NEW |
| Lummis Asset Management, LP | $5.1M | 343,843 | 3.04% | 11q | HELD |
| CITIGROUP INC | $4.9M | 349,820 | 0.00% | 10q | -36.0%-$2.7M |
| PEAK6 LLC | $4.8M incl. $4.7M options CALL+PUT | 5,830 | 0.01% | 3q | HELD |
| CHILTON CAPITAL MANAGEMENT LLC | $4.7M | 337,263 | 0.15% | 9q | HELD |
| FIRST TRUST ADVISORS LP | $4.2M | 301,902 | 0.00% | 31q | +21.1%+$735.4K |
| Forum Financial Management, LP | $4.2M | 300,000 | 0.05% | 3q | HELD |
| NORTHERN TRUST CORP | $4.2M | 298,164 | 0.00% | 7q | HELD |
| CITADEL ADVISORS LLC | $2.9M incl. $1.7M options CALL+PUT | 89,225 | 0.00% | 25q | HELD |
| GraniteShares Advisors LLC | $2.9M | 206,254 | 1.85% | 15q | +15.1%+$377.2K |
| UBS Group AG | $2.8M | 202,308 | 0.00% | 31q | +5.0%+$135.3K |
| Freestone Capital Holdings, LLC | $2.8M | 200,000 | 0.07% | new | NEW |
| HRT FINANCIAL LP | $2.7M | 196,512 | 0.01% | 4q | +7.5%+$191.7K |
| REGIONS FINANCIAL CORP | $2.7M | 196,349 | 0.02% | 9q | -2.5%-$69.9K |
| EVERGREEN CAPITAL MANAGEMENT LLC | $2.7M | 194,470 | 0.05% | 20q | -1.8%-$48.8K |
| GOLDMAN SACHS GROUP INC | $2.6M | 189,440 | 0.00% | 3q | +77.4%+$1.2M |
| HOWARD FINANCIAL SERVICES, LTD. | $2.6M | 184,836 | 0.13% | 31q | +100.4%+$1.3M |
| Hill Investment Group Partners, LLC | $2.5M | 177,487 | 0.25% | 21q | HELD |
| LPL Financial LLC | $2.3M | 166,849 | 0.00% | 20q | -2.8%-$66.9K |
| RAYMOND JAMES FINANCIAL INC | $2.3M | 162,784 | 0.00% | 7q | -4.8%-$115.8K |
| STIFEL FINANCIAL CORP | $2.2M | 157,802 | 0.00% | 31q | -2.5%-$57.1K |
| HORIZON KINETICS ASSET MANAGEMENT LLC | $2.1M | 151,238 | 0.02% | 30q | HELD |
| Board of Trustees of The Leland Stanford Junior University | $2.1M | 147,852 | 0.39% | 31q | HELD |
| FIDUCIENT ADVISORS LLC | $2.0M | 142,237 | 0.28% | 8q | HELD |
| AlphaCore Capital LLC | $1.9M | 138,860 | 0.04% | 11q | HELD |
| Mraz, Amerine & Associates, Inc. | $1.8M | 130,976 | 0.26% | 27q | -2.0%-$37.4K |
| Argent Trust Co | $1.7M | 123,596 | 0.05% | new | NEW |
| Bahl & Gaynor LLC | $1.7M | 122,500 | 0.01% | 14q | -6.8%-$125.7K |
| ROYAL BANK OF CANADA | $1.7M | 122,484 | 0.00% | 31q | +0.8%+$13.2K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.7M incl. $1.2M options CALL+PUT | 34,175 | 0.00% | 31q | HELD |
| MCDANIEL TERRY & CO | $1.7M | 119,987 | 0.13% | 31q | HELD |
| Rare Wolf Capital LLC | $1.6M | 116,893 | 1.05% | 3q | -4.9%-$83.6K |
| Americana Partners, LLC | $1.6M | 113,047 | 0.04% | 4q | -3.8%-$62.9K |
| Beacon Pointe Advisors, LLC | $1.5M | 108,613 | 0.01% | 12q | +6.3%+$89.5K |
| Ashton Thomas Private Wealth, LLC | $1.5M | 105,214 | 0.03% | 2q | +9.9%+$132.2K |
| LMG Wealth Partners, LLC | $1.4M | 101,824 | 0.23% | 7q | HELD |
| RAHLFS CAPITAL, LLC | $1.4M | 100,062 | 1.03% | 7q | HELD |
| BOKF, NA | $1.4M | 98,000 | 0.02% | 2q | HELD |
| MERCER GLOBAL ADVISORS INC /ADV | $1.3M | 95,369 | 0.00% | 30q | +1.7%+$22.5K |
| Savant Capital, LLC | $1.2M | 87,271 | 0.00% | 14q | HELD |
| Gem Investment Advisors, LLC | $1.2M | 84,632 | 0.72% | 3q | HELD |
| Tweedy, Browne Co LLC | $1.2M | 83,530 | 0.09% | 5q | +8.0%+$86.1K |
| EXCHANGE TRADED CONCEPTS, LLC | $1.2M | 83,530 | 0.01% | 7q | +8.0%+$86.1K |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | $1.2M | 82,533 | 0.07% | 6q | HELD |
| Cullen/Frost Bankers, Inc. | $1.1M | 76,528 | 0.01% | 31q | -38.1%-$659.2K |
| CHASE INVESTMENT COUNSEL CORP | $1.1M | 75,577 | 0.22% | 16q | HELD |
| Independent Advisor Alliance | $1.1M | 75,170 | 0.02% | 14q | HELD |
| AVENIR CORP | $1.0M | 73,900 | 0.13% | 11q | HELD |
| GSA CAPITAL PARTNERS LLP | $1.0M | 73,515 | 0.06% | new | NEW |
| O'Brien Greene & Co. Inc | $977.9K | 70,000 | 0.27% | 23q | -30.0%-$419.1K |
| Gruss & Co., LLC | $957.2K | 68,516 | 2.35% | 31q | -3.5%-$34.9K |
| Bramshill Investments, LLC | $956.3K | 68,451 | 0.07% | 11q | +5.2%+$46.9K |
| JANE STREET GROUP, LLC | $930.4K CALL+PUT | options only | 0.00% | 9q | OPTIONS |
| SIMPLEX TRADING, LLC | $919.2K CALL+PUT | options only | 0.00% | 31q | OPTIONS |
| Moors & Cabot, Inc. | $855.0K | 61,200 | 0.03% | 21q | +0.8%+$7.0K |
| DOLIVER ADVISORS, LP | $835.8K | 59,827 | 0.19% | 20q | +30.4%+$194.9K |
| First Eagle Investment Management, LLC | $818.2K | 58,570 | 0.00% | 13q | +95.2%+$399.1K |
| IMC-Chicago, LLC | $810.3K incl. $644.0K options CALL+PUT | 11,902 | 0.00% | 2q | HELD |
| Corient Private Wealth LP | $805.3K | 57,646 | 0.00% | 13q | -13.9%-$130.3K |
| CALDWELL SUTTER CAPITAL, INC. | $775.2K | 55,490 | 0.29% | 15q | -0.5%-$4.2K |
| Icon Wealth Advisors, LLC | $748.3K | 53,564 | 0.05% | 13q | -21.2%-$201.5K |
| RWA WEALTH PARTNERS, LLC | $743.2K | 53,203 | 0.01% | 31q | +18.4%+$115.3K |
| FRANKLIN RESOURCES INC | $739.3K | 52,922 | 0.00% | 31q | -16.3%-$143.8K |
| Sumitomo Mitsui Trust Group, Inc. | $698.5K | 50,000 | 0.00% | 31q | HELD |
| Caption Management, LLC | $698.5K CALL | options only | 0.00% | new | OPTIONS |
| Clear Harbor Asset Management, LLC | $688.8K | 49,307 | 0.04% | 24q | HELD |
| Aristides Capital LLC | $639.0K | 45,740 | 0.12% | 21q | +8.1%+$47.6K |
| Advisory Services Network, LLC | $638.1K | 45,677 | 0.01% | 6q | +10.5%+$60.8K |
| JONES FINANCIAL COMPANIES LLLP | $615.5K | 43,654 | 0.00% | 9q | +33.8%+$155.6K |
| Family Manage LLC | $555.5K | 39,767 | 0.06% | 23q | HELD |
| Cetera Investment Advisers | $553.2K | 39,602 | 0.00% | 10q | +37.6%+$151.3K |
| Quantinno Capital Management LP | $547.5K | 39,188 | 0.00% | 4q | -7.8%-$46.5K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $546.4K | 39,114 | 0.00% | 7q | -7.0%-$41.2K |
| Fort Sheridan Advisors LLC | $501.1K | 35,867 | 0.05% | 11q | HELD |
| Rockefeller Capital Management L.P. | $486.0K | 34,786 | 0.00% | 4q | +703.4%+$425.5K |
| US BANCORP \DE\ | $485.8K | 34,775 | 0.00% | 31q | HELD |
| GROUP ONE TRADING LLC | $481.2K incl. $382.8K options CALL+PUT | 7,047 | 0.00% | 30q | HELD |
| Redhawk Wealth Advisors, Inc. | $478.9K | 34,279 | 0.05% | 5q | +103.0%+$242.9K |
| Mariner, LLC | $471.3K | 33,734 | 0.00% | 16q | -16.0%-$89.9K |
| Arax Advisory Partners | $462.8K | 33,126 | 0.00% | 6q | +1247.7%+$428.4K |
| SPIRIT OF AMERICA MANAGEMENT CORP/NY | $461.0K | 32,999 | 0.09% | 29q | -13.2%-$69.8K |
Showing the largest 100 of 204 reported holders.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-06 | Whitehead James | Director | Sold | 2,127,105 | $28.1M ×2 |
| 2026-05-28 | DeWalch D Mark | Director | Bought | 37,650 | $497.3K |
| 2026-06-01 | DeWalch D Mark | Director | Bought | 36,363 | $495.3K |
| 2026-05-29 | DeWalch D Mark | Director | Bought | 36,363 | $490.0K |
| 2026-05-11 | Carter Thomas L Jr | Executive Chairman | Bought | 25,000 | $336.9K |
| 2026-05-08 | Carter Thomas L Jr | Executive Chairman | Bought | 23,604 | $314.4K |
| 2026-05-12 | Carter Thomas L Jr | Executive Chairman | Bought | 19,154 | $258.1K |
| 2026-05-12 | Longmaid Ashley J | Director | Sold | 11,128 | $149.7K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 49 | $153.1M | 10,690,308 | 4 | 14 | 12 | 0.0% |
| Q2 2026 | 204 | $647.0M | 45,488,847 | 19 | 57 | 43 | 1.7% |
| Q1 2026 | 199 | $675.1M | 43,547,395 | 19 | 41 | 42 | 2.5% |
| Q4 2025 | 197 | $538.8M | 39,729,079 | 16 | 56 | 47 | 1.9% |
| Q3 2025 | 195 | $460.0M | 34,557,663 | 24 | 46 | 52 | 1.3% |
| Q2 2025 | 186 | $455.2M | 34,443,208 | 21 | 54 | 36 | 1.1% |
| Q1 2025 | 180 | $519.6M | 33,734,971 | 16 | 53 | 33 | 1.0% |
| Q4 2024 | 182 | $495.0M | 33,318,060 | 17 | 54 | 32 | 1.7% |
| Q3 2024 | 178 | $481.5M | 30,958,205 | 17 | 48 | 42 | 2.3% |
| Q2 2024 | 187 | $509.9M | 31,531,956 | 20 | 57 | 38 | 3.1% |
| Q1 2024 | 185 | $639.9M | 38,926,620 | 19 | 44 | 49 | 2.8% |
| Q4 2023 | 199 | $573.9M | 34,691,604 | 27 | 51 | 44 | 3.5% |
| Q3 2023 | 182 | $535.6M | 29,522,939 | 21 | 50 | 35 | 5.0% |
| Q2 2023 | 174 | $523.0M | 30,852,141 | 25 | 45 | 38 | 5.9% |
| Q1 2023 | 171 | $535.8M | 32,067,999 | 24 | 50 | 44 | 6.1% |
| Q4 2022 | 172 | $644.1M | 36,451,181 | 32 | 51 | 38 | 4.6% |
| Q3 2022 | 149 | $4.3B | 271,543,332 | 24 | 38 | 39 | 0.9% |
| Q2 2022 | 143 | $3.7B | 269,909,289 | 25 | 46 | 28 | 1.0% |
| Q1 2022 | 130 | $3.5B | 255,341,695 | 12 | 35 | 27 | 0.6% |
| Q4 2021 | 138 | $2.7B | 256,218,814 | 15 | 34 | 28 | 0.5% |
| Q3 2021 | 126 | $3.1B | 255,932,747 | 21 | 31 | 23 | 0.5% |
| Q2 2021 | 111 | $2.8B | 260,202,423 | 12 | 21 | 30 | 0.5% |
| Q1 2021 | 103 | $689.2M | 78,329,099 | 10 | 30 | 25 | 0.8% |
| Q4 2020 | 105 | $1.4B | 206,159,656 | 21 | 26 | 25 | 0.4% |
| Q3 2020 | 96 | $1.1B | 179,635,551 | 11 | 27 | 20 | 0.2% |
| Q2 2020 | 91 | $416.8M | 63,958,862 | 10 | 20 | 26 | 0.3% |
| Q1 2020 | 95 | $350.2M | 74,561,583 | 9 | 29 | 27 | 0.1% |
| Q4 2019 | 105 | $881.3M | 68,917,152 | 12 | 32 | 24 | 0.5% |
| Q3 2019 | 101 | $706.1M | 49,091,585 | 10 | 42 | 18 | 1.0% |
| Q2 2019 | 94 | $752.0M | 47,912,131 | 12 | 43 | 12 | 1.3% |
| Q1 2019 | 84 | $565.4M | 31,943,375 | 6 | 19 | 16 | 0.4% |
| Q4 2018 | 91 | $493.2M | 31,757,054 | 1 | 0 | 2 | 0.3% |