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 September 30, 2021. The report discloses equity securities held by Blackstone and its affiliates. The filing includes holdings managed by Blackstone and 8 other included managers, totaling 633 entries in the information table.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the company's operational financial performance (e.g., revenue, profit, or cash flow). The following metrics are derived from the reported holdings:
- Total Value of Reported Holdings: $44,740,631,000 (44.74 billion).
- Number of Securities Reported: 633.
- Number of Included Managers: 8 (including Blackstone Alternative Credit Advisors LP, Blackstone Real Estate Advisors L.P., and others).
- Operational Metrics: The filing text does not provide values for revenue, profit, margins, debt, or liquidity for Blackstone Inc. itself.
Material Changes
The filing text does not provide comparative data against the prior period (June 30, 2021) to determine material changes in holdings or total value. This form is a snapshot of holdings at the end of the reporting period.
Guidance, Risks, and Contingencies
Shared Control and Investment Discretion: Blackstone Inc. and its affiliates may be deemed to have shared control over First Eagle Investment Management, LLC with Corsair Capital LLC. An information barrier is in place, but under Section 13(f) of the Securities Exchange Act of 1934, both Blackstone and Corsair may be deemed to have shared investment discretion over securities managed by First Eagle.
Options Reporting: Options reported may include multiple series of call or put options for a single issuer.
Guidance and Outlook: The filing text does not contain management commentary, forward-looking guidance, or specific risk factors regarding Blackstone's future business operations.
Key Facts for Investor Verification
- Verify the total reported portfolio value of approximately $44.74 billion against Blackstone's 10-Q or 10-K filings for the same period to understand the proportion of assets under management represented here.
- Confirm the specific holdings within the 633 entries to assess concentration risk, as the summary does not list individual securities.
- Note the shared investment discretion arrangement with Corsair Capital regarding First Eagle Investment Management, LLC.
- Recognize that this filing covers 8 distinct managers; investors should verify if specific strategies are attributed to specific managers (e.g., Real Estate vs. Credit).