SEC Filing Summary: Blackstone Inc. Form 13F
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Blackstone Inc. for the reporting period ending September 30, 2019. The document discloses the investment manager's holdings in equity securities as required by the Securities and Exchange Commission. It does not contain financial performance data (revenue, profit, cash flow) for Blackstone Inc. itself, but rather a snapshot of its portfolio positions.
Key Financial Metrics and Portfolio Composition
The filing lists specific equity positions, including common stock, preferred stock, and options (puts/calls). Key metrics provided are the value of holdings (in thousands), share counts, and voting authority.
- Top Holdings by Value:
- Cheniere Energy Partners LP: $9,141,040 (200,990,333 shares)
- Invitation Homes Inc: $1,714,432 (57,900,452 shares)
- Vivint Solar Inc: $486,310 (74,359,374 shares)
- Gates Industrial Corporation P: $2,239,329 (222,376,291 shares)
- Centric Brands Inc: $46,981 (18,717,500 shares) - Note: Multiple entries exist for this issuer.
- Derivatives: The portfolio includes Put options on Anheuser-Busch InBev, Ishares Trust (Pfd and Incm Sec, Iboxx Hi Yd ETF, S&P 500 ETF), and Square Inc.
- Voting Authority: Voting rights are categorized as Sole, Shared, or None. Significant "Sole" voting authority is held in Invitation Homes, Blackstone Mortgage Trust, and FGL Holdings.
Material Changes
The filing text provided is a static snapshot of holdings as of September 30, 2019. It does not provide comparative data against the prior quarter (June 30, 2019) or year-over-year changes. Therefore, material changes in position size or new entries cannot be determined from this document alone.
Guidance, Outlook, and Risks
This Form 13F is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The document includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column, noting that the provided text lists individual line items but not a grand total.
- Confirm the distinction between "Sole" and "Shared" voting authority for major positions like Invitation Homes and Cheniere Energy Partners.
- Review the specific CUSIPs for issuers with multiple entries (e.g., Avantor Inc, Centric Brands Inc, Change Healthcare Inc) to understand if these represent different share classes or separate accounts.
- Check subsequent filings to determine if the Put positions on major ETFs (S&P 500, High Yield) were hedging strategies or speculative bets.
- Validate the share counts for high-volume, low-price stocks (e.g., Vivint Solar, Cheniere Energy Partners) to ensure data integrity.