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, 2013. The document discloses the equity securities held by the investment manager at the end of the quarter. It does not contain financial performance data for Blackstone Inc. itself, but rather a snapshot of its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists 32 distinct holdings across various sectors. The total value of reported positions is not explicitly summed in the text, but individual position values are provided in thousands of dollars. Notable holdings include:
- Freescale Semiconductor Ltd: $196,136,895 (Largest reported position)
- Pinnacle Foods Inc: $79,524,145
- Dryships Inc. (Note 5.000%): $63,856,000
- SeaWorld Entmt Inc: $58,745,708
- Vanguard Health Sys Inc: $29,381,568
- PBF Energy Inc: $25,902,327
The filing does not provide aggregate revenue, profit, cash flow, debt, or liquidity metrics for Blackstone Inc. or the portfolio as a whole.
Material Changes and Voting Authority
The filing does not provide comparative data against the prior quarter (June 30, 2013), so material changes in holdings cannot be determined from this text alone. Voting authority is categorized as follows:
- Sole Discretion: Held for positions including BankUnited Inc, Blackstone Mtg Tr Inc, Cumulus Media Inc, Kosmos Energy Ltd, Nielsen Holdings N V, Orbitz Worldwide Inc, Pacific Biosciences, PBF Energy Inc, Pinnacle Foods Inc, SeaWorld Entmt Inc, and Vanguard Health Sys Inc.
- Other (OTR): Held for positions including Beazer Homes, Berry Pete Co, Booz Allen Hamilton, Cheniere Energy, Crocs Inc, Crosstex Energy, Felcor Lodging, Freescale Semiconductor, Istar Finl Inc, MBIA Inc, Ocean Rig, Radioshack Corp, and Saratoga Res Inc.
Guidance, Risks, and Unusual Items
The filing contains no management commentary, forward-looking guidance, or risk factors. It is a statutory disclosure of holdings. The text includes a standard disclaimer 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, as the filing does not provide a total.
- Compare these holdings against the previous quarter's Form 13F to identify new entries or exits.
- Note the significant concentration in Freescale Semiconductor ($196M) and Pinnacle Foods ($79.5M).
- Confirm the nature of the "Other" voting authority designations for specific holdings.
- Recognize that this document does not reflect Blackstone Inc.'s own financial health or operational results.