Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Blackstone Inc. for the reporting period ended June 30, 2021. The report discloses equity holdings managed by Blackstone and eight other included institutional investment managers, including Blackstone Alternative Credit Advisors LP and Blackstone Real Estate Advisors L.P.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financial performance of Blackstone Inc. itself. Consequently, metrics such as revenue, profit, cash flow, margins, and debt are not applicable to this specific filing.
- Total Portfolio Value: $44,008,549,000 (reported in thousands).
- Total Number of Holdings: 623 entries.
- Number of Included Managers: 8.
Material Changes
The filing text does not provide comparative data against the prior quarter (March 31, 2021) or prior year periods. Therefore, material changes in portfolio composition or value cannot be determined from this document alone.
Guidance, Outlook, and Risks
This filing contains no management commentary, forward-looking guidance, or risk factors regarding Blackstone's future business operations. The document includes standard regulatory disclosures:
- 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.
- Options: Reported options may include multiple series of call or put options for a single issuer.
- Affiliates: Investment discretion information may reflect data regarding certain affiliates of other reporting managers.
Investor Verification Checklist
- Verify the total portfolio value of approximately $44.0 billion against Blackstone's official quarterly earnings release for Q2 2021 to understand the firm's total Assets Under Management (AUM) versus reported 13F holdings.
- Confirm the list of 8 included managers to ensure all relevant Blackstone affiliates are accounted for in the aggregate data.
- Note that this filing excludes non-equity assets (e.g., private equity, real estate, credit) which constitute a significant portion of Blackstone's business.
- Review the specific "Information Table" (not included in this summary text) to analyze individual security positions and voting authority.