Blackstone Inc.

CIK

1393818

Location

NEW YORK, NY

Portfolio Value

Large $25,339,543,865

Diversification

Diversified

Filing Date

Global Rank

#235 / 8,605 ▲ 8 · as of Mar 2026

Top Industry

Oil & Gas Midstream 67.5%

3Y Alpha vs SPY

-2.9%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+64.1%

SPY

+76.5%

Annualised alpha

-2.9%

Max drawdown

−15.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

407 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

26.1%

+3.9 pts

Top 5

48.3%

+1.4 pts

Top 10

66.1%

+1.5 pts

HHI

914

Diversified+153

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Energy	64.9%	$16,454,152,639	52
Utilities	7.9%	$1,990,947,942	18
Financial Services	7.1%	$1,802,593,829	42
Industrials	6.7%	$1,695,335,923	43
Unclassified	5.8%	$1,460,204,374	4
Technology	3.2%	$811,501,568	87
Real Estate	1.5%	$378,010,631	18
Healthcare	0.9%	$229,397,187	65
Consumer Cyclical	0.8%	$198,012,792	37
Communication Services	0.6%	$150,676,123	15
Basic Materials	0.5%	$116,564,585	15
Consumer Defensive	0.2%	$52,146,272	11

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PAA	Plains All American Pipeline LP	+5,448,226	18,740,802	$418,482,108
ET	Energy Transfer LP	+5,345,504	31,120,745	$600,630,378
TRP	Tc Energy Corp	+4,163,313	6,415,297	$401,597,592
HESM	Hess Midstream LP	+4,122,450	7,769,525	$302,001,436
EPD	Enterprise Products Partners L.P.	+1,848,129	21,103,484	$798,555,834
SUNC	SunocoCorp LLC	+1,437,055	3,071,910	$189,383,251
CX	Cemex Sab De CV	+1,183,099	8,500,000	$97,240,000
DTM	DT Midstream, Inc.	+449,609	2,680,256	$360,950,075
TARA	Protara Therapeutics, Inc.	+355,852	2,265,514	$11,803,327
AMZN	Amazon Com Inc	+207,655	715,435	$149,003,646
BSX	Boston Scientific Corp	+138,416	160,617	$10,078,716
APLD	Applied Digital Corp.	+112,432	211,110	$5,011,751
GTLB	Gitlab Inc.	+108,888	218,594	$4,730,374
MSFT	Microsoft Corp	+105,019	320,478	$118,631,341
COF	Capital One Financial Corp	+67,667	281,697	$51,389,983
FOXA	Fox Corp	+59,531	103,462	$6,042,180
VRT	Vertiv Holdings Co	+55,000	190,000	$47,610,200
ECHO	EchoStar CORP	+52,225	66,927	$7,835,143
NVDA	Nvidia Corp	+45,422	97,052	$16,925,868
GM	General Motors Co	+40,895	103,179	$7,686,835
NVT	nVent Electric plc	+35,000	645,000	$76,290,600
SE	Sea Ltd	+33,862	52,301	$4,331,045
ABT	Abbott Laboratories	+31,057	53,915	$5,535,453
BTI	British American Tobacco p.l.c.	+29,574	106,888	$6,249,741
IMVT	Immunovant, Inc.	+27,624	107,297	$2,665,257
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PTEN	Patterson Uti Energy Inc	−20,922,122	7,139,404	$77,319,745
EQT	EQT Corp	−17,677,042	754,589	$48,022,043
BMBL	Bumble Inc.	−7,477,501	29,909,999	$97,506,595
VNOM	Viper Energy, Inc.	−4,500,000	500,000	$23,495,000
CMPX	Compass Therapeutics, Inc.	−4,268,334	1,857,848	$9,828,015
ACHR	Archer Aviation Inc.	−2,760,198	5,052,302	$26,120,401
FOLD	AMICUS THERAPEUTICS, INC.	−2,403,995	170,209	$2,461,222
WES	Western Midstream Partners, LP	−2,337,473	8,755,422	$360,460,723
LNG	Cheniere Energy, Inc.	−2,008,676	1,881,252	$533,824,067
SUN	Sunoco LP	−1,540,236	894,358	$58,106,439
SABS	SAB Biotherapeutics, Inc.	−1,283,415	860,170	$3,294,451
BAC	Bank Of America Corp /De/	−1,059,982	95,018	$4,632,127
ENB	Enbridge Inc	−737,461	14,104,409	$763,612,703
SPY	Spdr S&P 500 ETF Trust	−731,782	1,916,328	$1,246,264,751
WMB	Williams Companies, Inc.	−573,247	17,074,392	$1,242,674,248
WBS	Webster Financial Corp	−552,466	22,534	$1,564,310
LGN	Legence Corp.	−480,205	25,341,365	$1,430,773,467
TRGP	Targa Resources Corp.	−410,180	3,342,348	$838,026,914
KMI	Kinder Morgan, Inc.	−402,677	20,971,186	$703,163,865
MPLX	Mplx LP	−354,802	15,350,683	$876,063,478
TERN	Terns Pharmaceuticals, Inc.	−245,472	231,282	$12,193,187
VIK	Viking Holdings Ltd	−208,726	66,274	$4,869,813
SYRE	Spyre Therapeutics, Inc.	−208,151	292,847	$14,771,202
CORZ	Core Scientific, Inc./tx	−207,337	292,663	$4,378,238
GBTG	Global Business Travel Group, Inc.	−176,515	176,516	$984,959
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AMAT	Applied Materials Inc /De	248,751	$85,020,604
AVB	Avalonbay Communities Inc	465,000	$75,957,750
AMD	Advanced Micro Devices Inc	276,147	$56,176,584
NFG	National Fuel Gas Co	586,584	$55,115,432
GRAB	Grab Holdings Ltd	15,000,000	$54,900,000
APC	ARKO Petroleum Corp.	2,649,074	$47,391,933
TLN	Talen Energy Corp	117,539	$37,521,974
FPS	Forgent Power Solutions, Inc.	575,000	$16,830,250
DMRA	Damora Therapeutics, Inc.	503,522	$13,041,219
ALXO	Alx Oncology Holdings Inc	5,826,544	$11,682,220
DFTX	Definium Therapeutics, Inc.	508,668	$9,613,825
PGR	Progressive Corp/Oh/	37,784	$7,490,300
JLL	Jones Lang Lasalle Inc	22,329	$6,795,161
OXLC	Oxford Lane Capital Corp.	675,000	$6,601,500
MCO	Moodys Corp /De/	13,305	$5,804,306
FIS	Fidelity National Information Services, Inc.	116,772	$5,477,774
TGT	Target Corp	43,569	$5,280,562
KMB	Kimberly Clark Corp	54,718	$5,278,645
SHOP	Shopify Inc.	43,524	$5,162,816
CON	Concentra Group Holdings Parent, Inc.	235,222	$5,045,511
C	Citigroup Inc	43,856	$4,973,708
PATH	UiPath, Inc.	433,847	$4,815,701
GSK	GSK plc	85,001	$4,691,205
ROP	Roper Technologies Inc	13,133	$4,647,243
MU	Micron Technology Inc	13,503	$4,561,853
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
LOAR	Loar Holdings Inc.	3,548,506	$241,298,408
MTZ	Mastec Inc	363,924	$79,106,159
FLUT	Flutter Entertainment plc	335,000	$72,038,400
FTV	Fortive Corp	1,170,000	$64,595,700
FOA	Finance of America Companies Inc.	1,596,142	$38,642,597
ORKA	Oruka Therapeutics, Inc.	1,165,408	$35,323,516
TECK	Teck Resources Ltd	650,000	$31,128,500
ITT	Itt Inc.	140,000	$24,291,400
CRS	Carpenter Technology Corp	73,491	$23,137,906
EXAS	EXACT SCIENCES CORP	225,000	$22,851,000
ELVN	Enliven Therapeutics, Inc.	954,946	$14,706,168
CRH	Crh Public Ltd Co	110,000	$13,728,000
LMRI	Lumexa Imaging Holdings, Inc.	300,000	$5,550,000
MNSO	MINISO Group Holding Ltd	259,702	$4,869,412
CVS	CVS HEALTH Corp	59,223	$4,699,937
SHEL	Shell plc	63,064	$4,633,942
TEVA	Teva Pharmaceutical Industries Ltd	137,056	$4,277,517
LINE	Lineage, Inc.	117,538	$4,113,830
MRP	Millrose Properties, Inc.	135,411	$4,044,726
CPNG	Coupang, Inc.	169,287	$3,993,480
APGE	Apogee Therapeutics, Inc.	51,827	$3,911,901
SNPS	Synopsys Inc	8,295	$3,896,327
PCG	PG&E Corp	241,451	$3,880,117
DRVN	Driven Brands Holdings Inc.	250,705	$3,715,448
MO	Altria Group, Inc.	64,143	$3,698,485
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

407 positions · $25,339,543,865 total · as of Mar 31, 2026

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

Showing 1–50 of 407 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CQP	Cheniere Energy Partners, L.P. Energy	Held	102,346,331	0	$6,614,643,371	+20.8%	26.10%
CRBG	Corebridge Financial, Inc. Financial Services	Held	61,962,123	0	$1,478,416,254	−20.9%	5.83%
FE	Firstenergy Corp Utilities	Held	28,832,099	0	$1,460,634,135	+13.2%	5.76%
LGN	Legence Corp. Industrials	Reduced	25,341,365	-480,205	$1,430,773,467	+28.7%	5.65%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,916,328	-731,782	$1,246,264,751	−31.0%	4.92%
WMB	Williams Companies, Inc. Energy	Reduced	17,074,392	-573,247	$1,242,674,248	+17.1%	4.90%
MPLX	Mplx LP Energy	Reduced	15,350,683	-354,802	$876,063,478	+4.5%	3.46%
TRGP	Targa Resources Corp. Energy	Reduced	3,342,348	-410,180	$838,026,914	+21.0%	3.31%
EPD	Enterprise Products Partners L.P. Energy	Added	21,103,484	+1,848,129	$798,555,834	+29.4%	3.15%
ENB	Enbridge Inc Energy	Reduced	14,104,409	-737,461	$763,612,703	+7.6%	3.01%
KMI	Kinder Morgan, Inc. Energy	Reduced	20,971,186	-402,677	$703,163,865	+19.7%	2.77%
ET	Energy Transfer LP Energy	Added	31,120,745	+5,345,504	$600,630,378	+41.3%	2.37%
KNTK	Kinetik Holdings Inc. Energy	Added	11,918,786	+4,513	$576,988,429	+34.3%	2.28%
LNG	Cheniere Energy, Inc. Energy	Reduced	1,881,252	-2,008,676	$533,824,067	−29.4%	2.11%
TXNM	Txnm Energy Inc Utilities	Held	8,000,000	0	$467,680,000	−0.7%	1.85%
PAA	Plains All American Pipeline LP Energy	Added	18,740,802	+5,448,226	$418,482,108	+75.3%	1.65%
TRP	Tc Energy Corp Energy	Added	6,415,297	+4,163,313	$401,597,592	+224.2%	1.58%
DTM	DT Midstream, Inc. Energy	Added	2,680,256	+449,609	$360,950,075	+35.2%	1.42%
WES	Western Midstream Partners, LP Energy	Reduced	8,755,422	-2,337,473	$360,460,723	−17.7%	1.42%
OKE	Oneok Inc /New/ Energy	Reduced	3,415,203	-108,897	$308,700,199	+19.2%	1.22%
HESM	Hess Midstream LP Energy	Added	7,769,525	+4,122,450	$302,001,436	+140.0%	1.19%
QQQ	Invesco Qqq Trust, Series 1	Reduced	369,000	-131,000	$212,979,420	−30.7%	0.84%
SUNC	SunocoCorp LLC Energy	Added	3,071,910	+1,437,055	$189,383,251	+135.1%	0.75%
BXMT	Blackstone Mortgage Trust, Inc. Real Estate	Held	9,283,323	0	$177,775,635	+0.1%	0.70%
AMZN	Amazon Com Inc Consumer Cyclical	Added	715,435	+207,655	$149,003,646	+27.1%	0.59%
MSFT	Microsoft Corp Technology	Added	320,478	+105,019	$118,631,341	+13.8%	0.47%
BMBL	Bumble Inc. Communication Services	Reduced	29,909,999	-7,477,501	$97,506,595	−26.9%	0.38%
CX	Cemex Sab De CV Basic Materials	Added	8,500,000	+1,183,099	$97,240,000	+15.7%	0.38%
CWAN	Clearwater Analytics Holdings, Inc. Technology	Held	4,067,360	0	$96,193,064	−1.9%	0.38%
VNET	VNET Group, Inc. Technology	Held	10,402,130	0	$87,273,870	−0.8%	0.34%
AMAT	Applied Materials Inc /De Technology	NEW	248,751	NEW	$85,020,604	NEW	0.34%
SHO	Sunstone Hotel Investors, Inc. Real Estate	Held	8,645,000	0	$77,891,450	+0.8%	0.31%
PTEN	Patterson Uti Energy Inc Energy	Reduced	7,139,404	-20,922,122	$77,319,745	−54.9%	0.31%
NVT	nVent Electric plc Industrials	Added	645,000	+35,000	$76,290,600	+22.7%	0.30%
BXSL	Blackstone Secured Lending Fund Financial Services	Held	3,206,530	0	$75,962,695	−10.0%	0.30%
AVB	Avalonbay Communities Inc Real Estate	NEW	465,000	NEW	$75,957,750	NEW	0.30%
PSFE	Paysafe Ltd Technology	Held	10,961,114	0	$74,645,186	−15.8%	0.29%
TASK	TaskUs, Inc. Technology	Held	10,094,674	0	$67,735,262	−43.1%	0.27%
AM	Antero Midstream Corp Energy	Added	2,811,631	+14,255	$64,105,186	+28.8%	0.25%
SUN	Sunoco LP Energy	Reduced	894,358	-1,540,236	$58,106,439	−54.5%	0.23%
AMD	Advanced Micro Devices Inc Technology	NEW	276,147	NEW	$56,176,584	NEW	0.22%
NFG	National Fuel Gas Co Energy	NEW	586,584	NEW	$55,115,432	NEW	0.22%
GRAB	Grab Holdings Ltd Technology	NEW	15,000,000	NEW	$54,900,000	NEW	0.22%
COF	Capital One Financial Corp Financial Services	Added	281,697	+67,667	$51,389,983	−0.9%	0.20%
CCAP	Crescent Capital BDC, Inc. Financial Services	Held	4,205,307	0	$51,094,480	−13.5%	0.20%
V	Visa Inc. Financial Services	Reduced	163,858	-34,435	$49,524,441	−28.8%	0.20%
PAGP	Plains Gp Holdings LP Energy	Reduced	1,979,161	-42,940	$48,054,029	+24.2%	0.19%
EQT	EQT Corp Energy	Reduced	754,589	-17,677,042	$48,022,043	−95.1%	0.19%
VRT	Vertiv Holdings Co Industrials	Added	190,000	+55,000	$47,610,200	+117.7%	0.19%
APC	ARKO Petroleum Corp. Energy	NEW	2,649,074	NEW	$47,391,933	NEW	0.19%