SEC Filing Summary: Blackstone Inc. (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Blackstone Inc., a registered investment adviser. The filing discloses the company's holdings in equity securities as of the reporting period ending June 30, 2026. The document lists specific issuers, security classes, CUSIP numbers, share quantities, and market values held by the manager.
Key Financial Metrics and Portfolio Composition
The filing provides a granular list of holdings but does not aggregate total portfolio value, revenue, profit, or cash flow for Blackstone Inc. itself. Key portfolio characteristics include:
- Asset Classes: The portfolio consists primarily of common stocks (equity), with select holdings in preferred stock, notes, and limited partnership units.
- Notable Equity Holdings: Significant positions are held in major technology and industrial firms, including Alphabet Inc. (multiple classes), Amazon.com Inc., Microsoft Corp, NVIDIA Corp, and Space Exploration Technologies Corp (SpaceX).
- Energy and Infrastructure: Substantial exposure to energy midstream and infrastructure, including Cheniere Energy Partners LP, Enterprise Products Partners LP, Williams Cos Inc, and Plains All American Pipeline LP.
- Private/Pre-IPO Exposure: The filing includes holdings in companies often associated with private markets or recent IPOs, such as Archer Aviation Inc, CoreWeave Inc, and Quantum Computing Inc.
- Voting Authority: Voting authority is categorized as Sole, Shared, or None. Blackstone reports Sole voting authority for specific holdings including Blackstone Mortgage Trust Inc, Blackstone Secured Lending Fund, Corebridge Financial Inc, and FS Credit Opportunities Corp.
Material Changes and Portfolio Activity
Note: This filing is a snapshot of holdings as of June 30, 2026. It does not contain comparative data for the prior quarter (March 31, 2026) or year-over-year changes. Therefore, material increases or decreases in specific positions cannot be calculated from this document alone.
The presence of multiple entries for the same issuer (e.g., Alphabet, Amazon, Microsoft, Digital Realty Trust) with different voting authority codes (e.g., "OTR 3", "OTR 8", "Sole") suggests the holdings are managed across different funds or accounts within the Blackstone complex.
Guidance, Outlook, and Risks
Management Commentary: The filing contains no management commentary, forward-looking guidance, or outlook statements. It is a statutory disclosure of holdings only.
Risks and Contingencies: The document includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies regarding the portfolio are disclosed in this table.
Unusual Items: The portfolio includes a diverse mix of high-growth technology, traditional energy infrastructure, and speculative assets (e.g., Bitdeer Technologies Group, Bullish, Riot Platforms), indicating a strategy that spans established blue-chip equities and higher-risk growth sectors.
Investor Verification Checklist
- Portfolio Concentration: Verify the total aggregate value of the portfolio to assess concentration risk in top holdings like Alphabet, Amazon, and Cheniere Energy Partners.
- Account Segregation: Confirm which specific Blackstone funds or accounts hold the "Sole" voting authority positions versus those with "Shared" or "None" authority.
- Private Market Exposure: Investigate the liquidity and valuation methodology for holdings in pre-IPO or recently public companies such as CoreWeave, Archer Aviation, and SpaceX.
- Derivatives and Options: Review if the "Put/Call" column (currently blank for most entries) indicates any hedging strategies or derivative positions not fully detailed in this summary table.
- Regulatory Compliance: Ensure the filing aligns with Blackstone's broader 13F filings for the same period to confirm no discrepancies in reported holdings.