SEC Filing Summary: Blackstone Inc. (13F-HR)
Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Blackstone Inc. for the quarter ended March 31, 2023. The report discloses equity holdings managed by Blackstone and ten affiliated institutional investment managers. The filing was signed on May 15, 2023, by Tabea Hsi, Senior Managing Director.
Key Financial Metrics
As a Form 13F, this document reports portfolio holdings rather than the operating financial performance (revenue, profit, cash flow) of Blackstone Inc. itself. Key metrics disclosed include:
- Total Value of Reported Holdings: $24,425,882,392
- Total Number of Securities Reported: 179 entries
- Number of Included Managers: 10 (including Blackstone Alternative Credit Advisors LP, Blackstone Real Estate Advisors L.P., and others)
Note: Revenue, profit margins, debt levels, and liquidity metrics for Blackstone Inc. are not provided in this filing.
Material Changes and Portfolio Composition
This filing represents a snapshot of holdings as of March 31, 2023. The text does not provide comparative data against the prior quarter (December 31, 2022) to calculate material changes in position size or total portfolio value. The report includes a specific note regarding a holding in The Oatly Group AB, stating the position reflects Ordinary Shares redeemable for American Depository Shares on a 1:1 basis.
Management Commentary, Risks, and Contingencies
The filing includes specific disclosures regarding investment discretion and control:
- Shared Control: Blackstone and Corsair Capital LLC may be deemed to have shared control over First Eagle Investment Management, LLC. An information barrier is in place, but shared investment discretion is acknowledged under Section 13(f) of the Securities Exchange Act of 1934.
- Options: Reported options may include multiple series of call or put options for a single issuer.
- Affiliate Discretion: Investment discretion data may reflect information relating to affiliates of other reporting managers.
No forward-looking guidance, risk factors, or unusual items regarding Blackstone's own operations are contained in this form.
Investor Verification Checklist
- Verify the total portfolio value of $24.43 billion against the prior quarter's 13F filing to assess net buying or selling activity.
- Review the specific 179 security entries (not included in this summary text) to identify top holdings and sector concentration.
- Confirm the status of the First Eagle Investment Management shared control arrangement if analyzing potential conflicts of interest.
- Check the specific details of the Oatly Group AB position to ensure accurate conversion between Ordinary Shares and ADS.