SEC Filing Summary: Blackstone Group L.P. (13F-HR)
Business Context and Reporting Period
This Form 13F-HR is a quarterly holdings report filed by Blackstone Group L.P. for the period ended June 30, 2016. The report was signed on August 15, 2016, by John G. Finley. It discloses equity securities held under the investment discretion of Blackstone Group L.P. and three other included managers: GSO Capital Partners LP, Blackstone Senfina Advisors L.L.C., and Blackstone Management Partners L.L.C.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance (revenue, profit, cash flow) of Blackstone Inc. itself.
- Total Portfolio Value: $21,666,254,000 (reported in thousands).
- Total Number of Holdings: 110 entries.
- Voting Authority: The filing represents voting authority over an aggregate of 96,552,512 shares across reported positions.
- Debt and Liquidity: The filing text does not provide data on corporate debt, liquidity, or operating margins.
Material Changes and Disclosures
The filing includes specific footnotes regarding shares held under the discretion of Blackstone Family GP L.L.C., controlled by Stephen A. Schwarzman, rather than Blackstone Group L.P. directly. These include:
- Kosmos Energy Ltd: 1,988,529 shares.
- Michaels Cos Inc: 1,427,766 shares.
- Hudson Pacific Properties Inc: 80,675 shares.
- NXP Semiconductors N V: 40,285 shares.
- Performance Food Group Co: 13,429 shares.
Additionally, the filing notes a potential shared control relationship with First Eagle Investment Management, LLC alongside Corsair Capital LLC, though an information barrier is in place.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, or risk factors regarding the company's future operations. It is a statutory disclosure of current equity positions.
Key Facts for Investor Verification
- Verify the distinction between holdings under Blackstone Group L.P. discretion versus those under Blackstone Family GP L.L.C. discretion.
- Confirm the total portfolio value of approximately $21.67 billion reflects only the equity securities reported in this specific filing.
- Note that this report covers three additional managers (GSO Capital, Senfina Advisors, Management Partners) in addition to the primary filer.
- Understand that this document does not reflect Blackstone Inc.'s own revenue, earnings, or debt levels.