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 June 30, 2024. The document discloses the equity securities held by the investment manager at the end of the quarter. It serves as a regulatory disclosure of holdings rather than a financial performance report.
Key Financial Metrics and Holdings
The filing details a diversified portfolio of equity securities, including common stocks, preferred shares, and exchange-traded funds (ETFs). Key observations include:
- Portfolio Composition: The portfolio contains significant positions in energy infrastructure (e.g., Cheniere Energy Partners, Energy Transfer LP), biotechnology (e.g., Amicus Therapeutics, Autolus Therapeutics), and technology (e.g., Amazon, NVIDIA, HashiCorp).
- Notable Holdings:
- Cheniere Energy Partners LP: 102,082,466 shares valued at approximately $5.01 billion.
- Energy Transfer LP: 82,309,944 shares valued at approximately $1.33 billion.
- FirstEnergy Corp: 28,832,099 shares valued at approximately $1.10 billion.
- PG&E Corp: 40,629,871 shares valued at approximately $709 million.
- Derivatives: The filing lists several "Put" options, including positions in Constellation Energy, Invesco QQQ Trust, iShares iBoxx High Yield ETF, and SPDR S&P 500 ETF.
- Voting Authority: Most positions are reported under "Other" (OTR) voting authority, indicating shared or managed discretion, with specific "Sole" voting authority noted for Blackstone Mortgage Trust and Blackstone Secured Lending Fund.
Material Changes
The filing text provided does not contain comparative data from the prior quarter (March 31, 2024). Therefore, material changes in share counts or valuation versus the prior period cannot be determined from this document alone.
Guidance, Outlook, and Risks
This Form 13F filing does not contain management commentary, forward-looking guidance, or specific risk factors regarding the company's operations or future outlook. 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 this represents only the equity securities reported in this specific table.
- Confirm the specific investment vehicles (e.g., specific funds or accounts) associated with the "Other" (OTR) voting authority codes (1-10) to understand the underlying strategy.
- Review the "Put" option positions to assess potential hedging strategies or bearish views on specific sectors (e.g., Technology via QQQ, High Yield bonds).
- Compare these holdings against the previous quarter's 13F filing to identify new entries or significant exits.
- Check for any subsequent filings (e.g., 13F-HR amendments) that may have updated these positions.