Blackstone Inc.

Adviser

CIK

1393818

Location

NEW YORK, NY

Portfolio Value

Large $38,893,163,695

Diversification

Diversified

Reports for

Blackstone Management Partners L.L.C.

Filing Date

Global Rank

#221 / 8,818 ▲ 8

Top Industry

Oil & Gas Midstream 43.8%

Period ended 4 months ago

Filed Oct 9, 2026 · 19d

26 quarters · since Mar 2020

Confidential Treatment — This manager has requested confidential treatment for one or more investments in the most recent 13F filing. The portfolio shown may be incomplete.

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Adviser

SEC filer profile, Oct 17, 2026

SIC code

6282

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 67.0% of the book (60%+)

Turnover

Medium turnover

32.1% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 13.6 quarters (12+), a floor since 27.2% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 93.1%; sector active share 53.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

516 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

16.0%

−5.1 pts

Top 5

48.1%

−4.6 pts

Top 10

68.9%

+0.3 pts

HHI

654

Diversified−256

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Energy	40.2%	$15,647,967,836	50
Industrials	12.1%	$4,692,980,003	83
Healthcare	11.1%	$4,302,883,591	90
Unclassified	9.7%	$3,761,646,627	7
Real Estate	6.9%	$2,701,880,341	15
Communication Services	6.3%	$2,444,745,926	23
Financial Services	5.6%	$2,179,451,298	46
Utilities	4.9%	$1,895,145,592	16
Technology	2.3%	$902,216,403	93
Consumer Cyclical	0.5%	$207,935,547	52
Basic Materials	0.3%	$126,235,829	25
Consumer Defensive	0.1%	$30,074,702	16

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VG	Venture Global, Inc.	+14,091,170	14,291,170	$159,060,722
KMI	Kinder Morgan, Inc.	+5,097,653	26,068,839	$833,420,782
ET	Energy Transfer LP	+4,662,097	35,782,842	$684,167,939
EPD	Enterprise Products Partners L.P.	+2,656,857	23,760,341	$873,430,135
WES	Western Midstream Partners, LP	+1,612,098	10,367,520	$453,682,675
SPY	Spdr S&P 500 ETF Trust	+1,597,040	1,703,368	$1,272,024,121
PAA	Plains All American Pipeline LP	+1,442,644	20,183,446	$449,283,507
FPS	Forgent Power Solutions, Inc.	+795,000	1,370,000	$76,528,200
ALXO	Alx Oncology Holdings Inc	+766,999	6,593,543	$13,648,634
NFG	National Fuel Gas Co	+648,815	1,235,399	$95,385,156
—		+570,426	1,035,426	$195,374,586
DMRA	Damora Therapeutics, Inc.	+499,449	1,002,971	$26,087,275
WMB	Williams Companies, Inc.	+266,607	17,340,999	$1,289,129,865
TRGP	Targa Resources Corp.	+259,585	3,601,933	$965,822,314
OXLC	Oxford Lane Capital Corp.	+235,000	910,000	$7,971,600
INDA	iShares MSCI India ETF	+229,967	1,784,433	$88,133,145
LRCX	Lam Research Corp	+227,244	230,000	$99,665,900
MPT	Medical Properties Trust Inc	+77,053	99,106	$457,869
COF	Capital One Financial Corp	+73,303	355,000	$71,220,100
ECC	Eagle Point Credit Co	+65,000	815,000	$3,031,800
DFTX	Definium Therapeutics, Inc.	+52,944	561,612	$26,418,228
AJG	Arthur J. Gallagher & Co.	+48,131	61,499	$14,118,325
MSFT	Microsoft Corp	+47,606	368,084	$137,302,692
RBRK	Rubrik, Inc.	+30,184	42,810	$3,436,786
CARG	CarGurus, Inc.	+18,573	32,167	$1,096,573
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MDLN	Medline Inc.	−22,407,340	101,791,008	$4,014,637,355
BMBL	Bumble Inc.	−7,477,503	22,432,496	$71,783,986
LGN	Legence Corp.	−5,865,413	19,475,952	$1,659,935,388
PTEN	Patterson Uti Energy Inc	−5,036,631	2,102,773	$19,303,456
TRP	Tc Energy Corp	−5,019,745	1,395,552	$92,511,141
OKE	Oneok Inc	−3,046,960	368,243	$32,015,046
ACHR	Archer Aviation Inc.	−2,552,302	2,500,000	$11,825,000
MPLX	Mplx LP	−2,393,740	12,956,943	$729,864,599
GRAB	Grab Holdings Ltd	−2,200,000	12,800,000	$48,256,000
HESM	Hess Midstream LP	−1,983,395	5,786,130	$217,558,488
CX	Cemex Sab De CV	−1,000,000	7,500,000	$90,000,000
CMPX	Compass Therapeutics, Inc.	−957,912	899,936	$1,970,859
EQT	EQT Corp	−750,000	4,589	$243,997
LNG	Cheniere Energy, Inc.	−661,404	1,219,848	$291,555,870
ARRY	Array Technologies, Inc.	−599,968	1,199,932	$8,891,496
ENB	Enbridge Inc	−464,548	13,639,861	$739,416,864
IWM	iShares Russell 2000 ETF	−452,730	115,469	$34,692,661
PATH	UiPath, Inc.	−396,366	37,481	$407,418
—		−342,132	7,868	$1,643,940
NVT	nVent Electric plc	−340,000	305,000	$51,731,050
CORZ	Core Scientific, Inc.	−269,559	23,104	$591,231
AMD	Advanced Micro Devices Inc	−230,147	46,000	$26,721,860
AM	Antero Midstream Corp	−198,756	2,612,875	$59,442,906
DTM	DT Midstream, Inc.	−189,743	2,490,513	$365,457,877
SYRE	Spyre Therapeutics, Inc.	−172,670	120,177	$10,669,314
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SPCX	Space Exploration Technologies Corp	15,532,870	$2,653,946,167
DLR	Digital Realty Trust, Inc.	12,313,486	$2,211,255,813
LFTO	Liftoff Mobile, Inc.	83,831,109	$2,013,623,238
GOOGM	Alphabet Inc.	2,745,678	$139,727,552
GOOGN	Alphabet Inc.	2,595,678	$130,562,603
CRWV	CoreWeave, Inc.	675,000	$67,189,500
CBRS	Cerebras Systems Inc.	220,000	$48,620,000
XHB	State Street(R) SPDR(R) S&P(R) Homebuilders ETF	265,000	$30,623,400
ARTV	Artiva Biotherapeutics, Inc.	2,403,437	$23,313,338
BTDR	Bitdeer Technologies Group	1,450,000	$23,011,500
ORKA	Oruka Therapeutics, Inc.	237,108	$22,565,568
INIO	Innio N.V.	450,000	$17,797,500
MAIR	Madison Air Solutions Corp	400,000	$15,600,000
QNT	Quantinuum Inc.	180,000	$14,713,200
VMET	Versamet Royalties Corp	1,027,453	$12,637,671
FRVO	Fervo Energy Co	400,000	$11,692,000
DPC	DPC Holdings PLC	230,120	$11,289,687
ELVN	Enliven Therapeutics, Inc.	215,744	$10,949,008
LOAR	Loar Holdings Inc.	133,293	$10,744,748
GCGR	General Catalyst Global Resilience Merger Corp.	1,000,000	$10,090,000
NOVT	Novanta Inc	59,977	$9,730,668
JBIO	Jade Biosciences, Inc.	435,320	$9,672,810
ARXS	Arxis, Inc.	175,000	$8,074,500
XE	X-Energy, Inc.	325,000	$5,967,000
RZLT	Rezolute, Inc.	1,082,927	$5,631,220
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		4,067,360	$96,193,064
VNOM	Viper Energy, Inc.	500,000	$23,495,000
—		100,000	$17,787,000
—		231,282	$12,193,187
ASMB	Assembly Biosciences, Inc.	296,855	$8,237,726
PGR	Progressive Corp	37,784	$7,490,300
KLAR	Klarna Group plc	525,844	$6,883,297
ABT	Abbott Laboratories	53,915	$5,535,453
FIS	Fidelity National Information Services, Inc.	116,772	$5,477,774
BP	Bp PLC	113,595	$5,338,965
KMB	Kimberly Clark Corp	54,718	$5,278,645
SHOP	Shopify Inc.	43,524	$5,162,816
APLE	Apple Hospitality REIT, Inc.	446,900	$5,143,819
CON	Concentra Group Holdings Parent, Inc.	235,222	$5,045,511
APLD	Applied Digital Corp.	211,110	$5,011,751
C	Citigroup Inc	43,856	$4,973,708
GTLB	Gitlab Inc.	218,594	$4,730,374
MYRG	Myr Group Inc.	15,865	$4,479,006
NPO	Enpro Inc.	17,310	$4,338,751
SE	Sea Ltd	52,301	$4,331,045
AXSM	Axsome Therapeutics, Inc.	24,500	$4,140,990
CNP	Centerpoint Energy Inc	87,843	$3,791,303
MCD	Mcdonalds Corp	11,972	$3,720,777
CCI	Crown Castle Inc.	45,700	$3,715,867
WWD	Woodward, Inc.	9,964	$3,566,314
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

516 tracked positions · $38,893,163,695 total · filing declares 2 positions · $6,028,260,594 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 516 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
CQP	Cheniere Energy Partners, L.P. Energy	Held	102,346,331	0	$6,238,008,873	−5.7%	26+	before history	16.04%
MDLN	Medline Inc. Healthcare	Reduced	101,791,008	-22,407,340	$4,014,637,355	−27.4%	3	unpriced	10.32%
SPY	Spdr S&P 500 ETF Trust PUT + SHARES	Added	4,801,068	+2,884,740	$3,585,293,550	+187.7%	6	$720.05	9.22%
SPCX	Space Exploration Technologies Corp Industrials	NEW	15,532,870	NEW	$2,653,946,167	NEW	1	unpriced	6.82%
DLR	Digital Realty Trust, Inc. Real Estate	NEW	12,313,486	NEW	$2,211,255,813	NEW	1	$191.52	5.69%
LFTO	Liftoff Mobile, Inc. Communication Services	NEW	83,831,109	NEW	$2,013,623,238	NEW	1	unpriced	5.18%
CRBG	Corebridge Financial, Inc. Financial Services	Held	61,962,123	0	$1,773,975,581	+20.0%	16	unpriced	4.56%
LGN	Legence Corp. Industrials	Reduced	19,475,952	-5,865,413	$1,659,935,388	+16.0%	4	unpriced	4.27%
FE	Firstenergy Corp Utilities	Held	28,832,099	0	$1,370,677,986	−6.2%	23	$37.59	3.52%
WMB	Williams Companies, Inc. Energy	Added	17,340,999	+266,607	$1,289,129,865	+3.7%	25	$42.70	3.31%
TRGP	Targa Resources Corp. Energy	Added	3,601,933	+259,585	$965,822,314	+15.2%	26+	before history	2.48%
EPD	Enterprise Products Partners L.P. Energy	Added	23,760,341	+2,656,857	$873,430,135	+9.4%	26+	before history	2.25%
KMI	Kinder Morgan, Inc. Energy	Added	26,068,839	+5,097,653	$833,420,782	+18.5%	25	$28.02	2.14%
ENB	Enbridge Inc Energy	Reduced	13,639,861	-464,548	$739,416,864	−3.2%	25	$43.30	1.90%
MPLX	Mplx LP Energy	Reduced	12,956,943	-2,393,740	$729,864,599	−16.7%	26+	before history	1.88%
ET	Energy Transfer LP Energy	Added	35,782,842	+4,662,097	$684,167,939	+13.9%	26+	before history	1.76%
KNTK	Kinetik Holdings Inc. Energy	Held	11,918,786	0	$576,154,114	−0.1%	17	unpriced	1.48%
TXNM	Txnm Energy Inc Utilities	Held	8,000,000	0	$454,240,000	−2.9%	5	$54.45	1.17%
WES	Western Midstream Partners, LP Energy	Added	10,367,520	+1,612,098	$453,682,675	+25.9%	25	$27.54	1.17%
PAA	Plains All American Pipeline LP Energy	Added	20,183,446	+1,442,644	$449,283,507	+7.4%	25	$16.91	1.16%
DTM	DT Midstream, Inc. Energy	Reduced	2,490,513	-189,743	$365,457,877	+1.2%	20	$102.97	0.94%
LNG	Cheniere Energy, Inc. Energy	Reduced	1,219,848	-661,404	$291,555,870	−45.4%	26+	before history	0.75%
HESM	Hess Midstream LP Energy	Reduced	5,786,130	-1,983,395	$217,558,488	−28.0%	13	$37.90	0.56%
SUNC	SunocoCorp LLC Energy	Reduced	3,008,259	-63,651	$203,568,886	+7.5%	3	$53.37	0.52%
		Added	1,035,426	+570,426	$195,374,586	+157.2%	2	$178.04	0.50%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	704,177	-11,258	$167,833,545	+12.6%	13	$203.72	0.43%
VG	Venture Global, Inc. Energy	Added	14,291,170	+14,091,170	$159,060,722	+4946.3%	2	$12.63	0.41%
BXMT	Blackstone Mortgage Trust, Inc. Real Estate	Held	9,283,323	0	$157,352,324	−11.5%	26+	before history	0.40%
GOOGM	Alphabet Inc. Communication Services	NEW	2,745,678	NEW	$139,727,552	NEW	1	unpriced	0.36%
MSFT	Microsoft Corp Technology	Added	368,084	+47,606	$137,302,692	+15.7%	5	$464.73	0.35%
GOOGN	Alphabet Inc. Communication Services	NEW	2,595,678	NEW	$130,562,603	NEW	1	unpriced	0.34%
LRCX	Lam Research Corp Technology	Added	230,000	+227,244	$99,665,900	+16825.6%	2	$302.60	0.26%
SHO	Sunstone Hotel Investors, Inc. Real Estate	Reduced	8,580,000	-65,000	$98,241,000	+26.1%	17	$11.44	0.25%
NFG	National Fuel Gas Co Energy	Added	1,235,399	+648,815	$95,385,156	+73.1%	2	$84.92	0.25%
TRP	Tc Energy Corp Energy	Reduced	1,395,552	-5,019,745	$92,511,141	−77.0%	25	unpriced	0.24%
CX	Cemex Sab De CV Basic Materials	Reduced	7,500,000	-1,000,000	$90,000,000	−7.4%	4	$9.33	0.23%
INDA	iShares MSCI India ETF	Added	1,784,433	+229,967	$88,133,145	+21.0%	6	unpriced	0.23%
VNET	VNET Group, Inc. Technology	Held	10,402,130	0	$83,633,125	−4.2%	22	$34.33	0.22%
PSFE	Paysafe Ltd Technology	Held	10,961,114	0	$81,879,520	+9.7%	22	$177.05	0.21%
FPS	Forgent Power Solutions, Inc. Industrials	Added	1,370,000	+795,000	$76,528,200	+354.7%	2	$40.45	0.20%
BXSL	Blackstone Secured Lending Fund Financial Services	Held	3,206,530	0	$76,026,826	+0.1%	19	$32.40	0.20%
		Reduced	982,246	-67,754	$75,063,239	+3.0%	3	$63.48	0.19%
BMBL	Bumble Inc. Communication Services	Reduced	22,432,496	-7,477,503	$71,783,986	−26.4%	22	$39.48	0.18%
COF	Capital One Financial Corp Financial Services	Added	355,000	+73,303	$71,220,100	+38.6%	6	$193.26	0.18%
AMAT	Applied Materials Inc Technology	Reduced	94,247	-154,504	$68,140,581	−19.9%	2	$336.38	0.18%
CRWV	CoreWeave, Inc. Technology	NEW	675,000	NEW	$67,189,500	NEW	1	$107.95	0.17%
AM	Antero Midstream Corp Energy	Reduced	2,612,875	-198,756	$59,442,906	−7.3%	25	$17.59	0.15%
SUN	Sunoco LP Energy	Reduced	854,595	-39,763	$57,685,162	−0.7%	16	$51.75	0.15%
VRT	Vertiv Holdings Co Industrials	Reduced	165,000	-25,000	$55,245,300	+16.0%	3	$187.62	0.14%
NVT	nVent Electric plc Industrials	Reduced	305,000	-340,000	$51,731,050	−32.2%	3	$104.37	0.13%

Showing the top 50 of 516 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.