SEC Filing Summary: Blackstone Group L.P. (Form 13F-HR)
Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Blackstone Group L.P. for the reporting period ended December 31, 2015. The report was signed by John G. Finley on February 16, 2016. It discloses the equity securities held under the investment discretion of the manager 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 Group L.P. itself.
- Total Portfolio Value: $27,129,649,000 (reported in thousands).
- Total Number of Holdings: 71 entries.
- Voting Authority: Represents voting authority over an aggregate of 96,552,512 shares (specific to certain holdings noted in footnotes).
- Operating Metrics: The filing text does not provide values for revenue, profit, margins, debt, or liquidity for Blackstone Group L.P.
Material Changes and Portfolio Composition
The filing does not provide comparative data against the prior quarter to determine material changes in holdings. However, it discloses specific nuances regarding investment discretion:
- Shared Discretion: Certain shares of Kosmos Energy Ltd, Michaels Cos Inc, Hudson Pac Pptys Inc, NXP Semiconductors N V, and Performance Food Group Co are held under the discretion of Blackstone Family GP L.L.C., controlled by Stephen A. Schwarzman, rather than The Blackstone Group L.P. directly.
- Shared Control: Blackstone and Corsair Capital LLC may be deemed to have shared investment discretion with First Eagle Investment Management, LLC, though an information barrier is in place.
Guidance, Risks, and Contingencies
This filing type does not contain management guidance, outlook, or risk factors regarding the company's future operations. The primary disclosure relates to the regulatory requirement to report holdings and the specific attribution of investment discretion among affiliated entities.
Key Facts for Investor Verification
- Verify the total portfolio value of approximately $27.1 billion represents only the equity securities under the specific investment discretion of the listed managers.
- Note that specific holdings (e.g., Kosmos Energy, Michaels Cos) are attributed to Blackstone Family GP L.L.C. and may not reflect the direct trading activity of the main reporting entity.
- Confirm that this report covers 71 distinct security entries across four affiliated management entities.
- Understand that this document does not reflect Blackstone's own corporate financial health (revenue, debt, cash flow) but rather its investment portfolio.