SEC Form 13F Summary: Blackstone Inc.
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Blackstone Inc. for the reporting period ending June 30, 2017. The document discloses the equity securities held by the investment manager at the end of the quarter. It does not contain financial performance data (revenue, profit, cash flow) for Blackstone Inc. itself, but rather a list of external holdings.
Key Financial Metrics and Holdings
The filing details a portfolio of equity securities and related derivatives. Key metrics include:
- Total Portfolio Value: The filing lists individual position values in thousands of dollars. The aggregate value of the listed positions exceeds $500 million based on the sum of the "Value" column.
- Largest Holdings by Value:
- Invitation Homes Inc: $219,945,349
- Vivint Solar Inc: $82,359,374
- Kosmos Energy Ltd: $53,052,512
- Hilton Worldwide Holdings Inc: $33,528,965
- La Quinta Holdings Inc: $35,173,076
- Asset Classes: Primarily common stock (COM), with some preferred stock (PRN) and warrants (*W EXP). One put option is listed (SPDR Series Trust).
- Voting Authority: Most positions are held with "Sole" or "Other" (OTR) voting authority. No "Shared" voting authority is indicated for the majority of large positions.
Material Changes
The filing text does not provide comparative data for the prior quarter (March 31, 2017). Therefore, material changes in position size, new entries, or exits cannot be determined from this document alone.
Guidance, Outlook, and Risks
This Form 13F is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing 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, noting that the filing lists values in thousands.
- Confirm the specific CUSIP numbers for large positions (e.g., Invitation Homes, Vivint Solar) to ensure accurate tracking of these specific tranches.
- Check subsequent filings (Form 13F-HR) to determine if these positions were maintained, increased, or liquidated in the following quarter.
- Note that "OTR" (Other) voting authority indicates the manager does not have sole discretion, which may imply co-investment structures or specific fund mandates.