Hawkins Capital buys $7,812,811 stake in Black Stone Minerals LP (BSM)

Black Stone Minerals LP (BSM) : Hawkins Capital scooped up 20,000 additional shares in Black Stone Minerals LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 487,083 shares of Black Stone Minerals LP which is valued at $7,812,811.Black Stone Minerals LP makes up approximately 2.42% of Hawkins Capital’s portfolio.

Other Hedge Funds, Including , Verition Fund Management added BSM to its portfolio by purchasing 55,100 company shares during the most recent quarter which is valued at $883,804. Black Stone Minerals LP makes up approx 0.22% of Verition Fund Management’s portfolio. Avenir Corp sold out all of its stake in BSM during the most recent quarter. The investment firm sold 24,417 shares of BSM which is valued $391,649.Fmr reduced its stake in BSM by selling 280,995 shares or 8.27% in the most recent quarter. The Hedge Fund company now holds 3,117,755 shares of BSM which is valued at $50,008,790. Black Stone Minerals LP makes up approx 0.01% of Fmr’s portfolio.Sg Americas Securities reduced its stake in BSM by selling 103,648 shares or 43.89% in the most recent quarter. The Hedge Fund company now holds 132,488 shares of BSM which is valued at $2,081,386. Black Stone Minerals LP makes up approx 0.02% of Sg Americas Securities’s portfolio.

Black Stone Minerals LP opened for trading at $16 and hit $16.46 on the upside on Thursday, eventually ending the session at $16.46, with a gain of 1.60% or 0.26 points. The heightened volatility saw the trading volume jump to 2,06,059 shares. Company has a market cap of $3,143 M.

Black Stone Minerals L.P. is a mining company which is engaged in acquisitions of mineral and royalty properties. The Company owns oil and natural gas mineral interests of approximately 14.5 million acres in the United States. It also owns nonparticipating interests in 1.2 million acres and overriding interests in 1.4 million acres. These non-cost-bearing interests (mineral and royalty interests) include ownership in approximately 40000 producing wells. It has interests in various active resource plays including the Bakken/Three Forks plays Eagle Ford Shale Wolfcamp play Haynesville/Bossier plays Granite Wash play and Fayetteville Shale as well as emerging plays such as the Tuscaloosa Marine Shale and the Canyon Lime play. Its properties include Louisiana-Mississippi Salt Basins Western Gulf (onshore) Williston Basin Palo Duro Basin Permian Basin Anadarko Basin Appalachian Basin East Texas Basin Arkoma Basin Bend Arch-Fort Worth Basin and Southwestern Wyoming.

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