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HORIZON KINETICS ASSET MANAGEMENT LLC
> BSM
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | Black Stone Minerals, L.P. | BSM | 162,738 | -200 | 2,595,671,000 | 39,174,000 | $15,950.00 |
| 03/31/2023 | Black Stone Minerals, L.P. | BSM | 162,938 | -1,950 | 2,556,497,000 | -225,164,000 | $15,690.00 |
| 12/31/2022 | Black Stone Minerals, L.P. | BSM | 164,888 | -814 | 2,781,661,000 | 2,779,068,000 | $16,870.00 |
| 09/30/2022 | Black Stone Minerals, L.P. | BSM | 165,702 | -27,047 | 2,593,000 | -46,000 | $15.65 |
| 06/30/2022 | Black Stone Minerals, L.P. | BSM | 192,749 | -340 | 2,639,000 | 40,000 | $13.69 |
| 03/31/2022 | Black Stone Minerals, L.P. | BSM | 193,089 | -2,221 | 2,599,000 | 581,000 | $13.46 |
| 12/31/2021 | Black Stone Minerals, L.P. | BSM | 195,310 | -11,037 | 2,018,000 | -468,000 | $10.33 |
| 09/30/2021 | Black Stone Minerals, L.P. | BSM | 206,347 | -4,350 | 2,486,000 | 221,000 | $12.05 |
| 06/30/2021 | Black Stone Minerals, L.P. | BSM | 210,697 | -2,653 | 2,265,000 | 405,000 | $10.75 |
| 03/31/2021 | Black Stone Minerals, L.P. | BSM | 213,350 | 2,750 | 1,860,000 | 453,000 | $8.72 |
| 12/31/2020 | Black Stone Minerals, L.P. | BSM | 210,600 | 13,718 | 1,407,000 | 198,000 | $6.68 |
| 09/30/2020 | Black Stone Minerals, L.P. | BSM | 196,882 | 14,500 | 1,209,000 | 24,000 | $6.14 |
| 06/30/2020 | Black Stone Minerals, L.P. | BSM | 182,382 | -3,778 | 1,185,000 | 314,000 | $6.50 |
| 03/31/2020 | Black Stone Minerals, L.P. | BSM | 186,160 | 32,955 | 871,000 | -1,078,000 | $4.68 |
| 12/31/2019 | Black Stone Minerals, L.P. | BSM | 153,205 | -159,151 | 1,949,000 | -2,499,000 | $12.72 |
| 09/30/2019 | Black Stone Minerals, L.P. | BSM | 312,356 | 7,951 | 4,448,000 | -270,000 | $14.24 |
| 06/30/2019 | Black Stone Minerals, L.P. | BSM | 304,405 | -16,258 | 4,718,000 | -938,000 | $15.50 |
| 03/31/2019 | Black Stone Minerals, L.P. | BSM | 320,663 | 320,663 | 5,656,000 | 5,656,000 | $17.64 |
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