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 March 31, 2015. 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 snapshot of its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists specific holdings with their market values (in thousands) and share counts. Key portfolio characteristics include:
- Top Holdings by Value: Hilton Worldwide Holdings Inc. ($544,394,932), Freescale Semiconductor Ltd ($196,136,895), Brixmor Property Group Inc ($125,010,693), and Kosmos Energy Ltd ($96,552,512).
- Significant Positions: Vivint Solar Inc ($82,359,374), Michaels Cos Inc ($70,332,830), and Extended Stay America Inc ($47,620,730).
- Derivatives: The portfolio includes call and put options on several issuers, including Pinnacle Entertainment Inc, ProShares Trust, and SPDR Series Trust.
- Voting Authority: Voting authority is categorized as Sole, Shared, or None. Most large equity positions are held with Sole voting authority.
Material Changes
The filing text provided is a static snapshot of holdings as of March 31, 2015. It does not provide comparative data against the prior quarter (December 31, 2014) or year-over-year changes. Therefore, material changes in position size or new entries cannot be determined from this specific text alone.
Guidance, Outlook, and Risks
This Form 13F filing does not contain management commentary, forward-looking guidance, risk factors, or contingency disclosures. It is a regulatory disclosure of holdings only. 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 provided text lists individual line items but not a grand total.
- Confirm the distinction between "Sole," "Shared," and "None" voting authority for large positions like Hilton Worldwide and Freescale Semiconductor.
- Review the specific CUSIPs for derivative positions (Calls/Puts) to understand the exposure to underlying assets like Pinnacle Entertainment and ProShares.
- Cross-reference this filing with the prior quarter's 13F to calculate actual turnover and new investment activity.