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Blackstone Inc.

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1393818

Reported value
$30.6bn
89% in companies we cover
Positions we cover
469
Largest CQP 20.4%
Copy, a year
+13.9%
S&P 500 +14.1%
Copy Sharpe ratio
0.63
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$55.7k
CopyS&P 500 $10,000 copying Blackstone Inc.'s filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −47.9% (S&P 500 −31.8%); beta 0.71; alpha +4.3% a year (t = 0.90); last 12 months +15.6% against +12.1%.

Reported value by quarter

Blackstone Inc.: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $10T $20T $30T Reported value, 2013-06-30: $12B Reported value, 2013-09-30: $11.6B Reported value, 2013-12-31: $31.6B Reported value, 2014-03-31: $32.6B Reported value, 2014-06-30: $31.6B Reported value, 2014-09-30: $34B Reported value, 2014-12-31: $33.8B Reported value, 2015-03-31: $36.4B Reported value, 2015-06-30: $34.7B Reported value, 2015-09-30: $30.7B Reported value, 2015-12-31: $27B Reported value, 2016-03-31: $23.4B Reported value, 2016-06-30: $21.5B Reported value, 2016-09-30: $17.1B Reported value, 2016-12-31: $16B Reported value, 2017-03-31: $13B Reported value, 2017-06-30: $11.2B Reported value, 2017-09-30: $16.3B Reported value, 2017-12-31: $24.6B Reported value, 2018-03-31: $19.6B Reported value, 2018-06-30: $19.2B Reported value, 2018-09-30: $21.5B Reported value, 2018-12-31: $17.7B Reported value, 2019-03-31: $19.8B Reported value, 2019-06-30: $18.3B Reported value, 2019-09-30: $17.1B Reported value, 2019-12-31: $15.3B Reported value, 2020-03-31: $13.5B Reported value, 2020-06-30: $23.2B Reported value, 2020-09-30: $24.9B Reported value, 2020-12-31: $27.3B Reported value, 2021-03-31: $42.3B Reported value, 2021-06-30: $42.2B Reported value, 2021-09-30: $44.5B Reported value, 2021-12-31: $39.6B Reported value, 2022-03-31: $39.4B Reported value, 2022-06-30: $30B Reported value, 2022-09-30: $26.8B Reported value, 2022-12-31: $26.2T Reported value, 2023-03-31: $23.8B Reported value, 2023-06-30: $22.9B Reported value, 2023-09-30: $23.3B Reported value, 2023-12-31: $21.5B Reported value, 2024-03-31: $23.1B Reported value, 2024-06-30: $22.5B Reported value, 2024-09-30: $22B Reported value, 2024-12-31: $21.1B Reported value, 2025-03-31: $22.8B Reported value, 2025-06-30: $22.2B Reported value, 2025-09-30: $23.3B Reported value, 2025-12-31: $22.8B Reported value, 2026-03-31: $24.2B Reported value, 2026-06-30: $30.6B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $30.6B
View chart data
Period Reported value
2013-06-30 $12B
2013-09-30 $11.6B
2013-12-31 $31.6B
2014-03-31 $32.6B
2014-06-30 $31.6B
2014-09-30 $34B
2014-12-31 $33.8B
2015-03-31 $36.4B
2015-06-30 $34.7B
2015-09-30 $30.7B
2015-12-31 $27B
2016-03-31 $23.4B
2016-06-30 $21.5B
2016-09-30 $17.1B
2016-12-31 $16B
2017-03-31 $13B
2017-06-30 $11.2B
2017-09-30 $16.3B
2017-12-31 $24.6B
2018-03-31 $19.6B
2018-06-30 $19.2B
2018-09-30 $21.5B
2018-12-31 $17.7B
2019-03-31 $19.8B
2019-06-30 $18.3B
2019-09-30 $17.1B
2019-12-31 $15.3B
2020-03-31 $13.5B
2020-06-30 $23.2B
2020-09-30 $24.9B
2020-12-31 $27.3B
2021-03-31 $42.3B
2021-06-30 $42.2B
2021-09-30 $44.5B
2021-12-31 $39.6B
2022-03-31 $39.4B
2022-06-30 $30B
2022-09-30 $26.8B
2022-12-31 $26.2T
2023-03-31 $23.8B
2023-06-30 $22.9B
2023-09-30 $23.3B
2023-12-31 $21.5B
2024-03-31 $23.1B
2024-06-30 $22.5B
2024-09-30 $22B
2024-12-31 $21.1B
2025-03-31 $22.8B
2025-06-30 $22.2B
2025-09-30 $23.3B
2025-12-31 $22.8B
2026-03-31 $24.2B
2026-06-30 $30.6B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
CQPCheniere Energy Partners, L.p.20.42%$6.2bn102.35M0.0%
SPCXSpace Exploration Technologies Corp8.69%$2.7bn15.53MNew
DLRDigital Realty7.24%$2.2bn12.31MNew
CRBGCorebridge Financial, Inc.5.81%$1.8bn61.96M0.0%
LGNLegence Corp.5.43%$1.7bn19.48M−23.1% Reduced
FEFirstEnergy4.49%$1.4bn28.83M0.0%
WMBWilliams Companies4.22%$1.3bn17.34M+1.6% Added
TRGPTarga Resources3.16%$965.8m3.60M+7.8% Added
EPDEnterprise Products Partners L.p.2.86%$873.4m23.76M+12.6% Added
KMIKinder Morgan2.73%$833.4m26.07M+24.3% Added
ENBEnbridge Inc2.42%$739.4m13.64M−3.3% Reduced
MPLXMplx LP2.39%$729.9m12.96M−15.6% Reduced
KNTKKinetik Holdings Inc.1.89%$576.2m11.92M0.0%
TXNMTxnm Energy Inc1.49%$454.2m8.00M0.0%
WESWestern Midstream Partners, LP1.49%$453.7m10.37M+18.4% Added
PAAPlains ALL American Pipeline LP1.47%$449.3m20.18M+7.7% Added
DTMDT Midstream, Inc.1.20%$365.5m2.49M−7.1% Reduced
LNGCheniere Energy, Inc.0.95%$291.6m1.22M−35.2% Reduced
HESMHess Midstream LP0.71%$217.6m5.79M−25.5% Reduced
AMZNAmazon0.55%$167.8m704.2K−1.6% Reduced
VGVenture Global, Inc.0.52%$159.1m14.29M+7045.6% Added
BXMTBlackstone Mortgage Trust, Inc.0.52%$157.4m9.28M0.0%
MSFTMicrosoft Corporation0.45%$137.3m368.1K+14.9% Added
LRCXLam Research0.33%$99.7m230.0K+8245.4% Added
SHOSunstone Hotel Investors, Inc.0.32%$98.2m8.58M−0.8% Reduced
NFGNational Fuel GAS Co0.31%$95.4m1.24M+110.6% Added
TRPTC Energy Corp0.30%$92.5m1.40M−78.2% Reduced
VNETVnet Group, Inc.0.27%$83.6m10.40M0.0%
PSFEPaysafe Ltd0.27%$81.9m10.96M0.0%
FPSForgent Power Solutions, Inc.0.25%$76.5m1.37M+138.3% Added
BXSLBlackstone Secured Lending Fund0.25%$76.0m3.21M0.0%
BMBLBumble Inc.0.23%$71.8m22.43M−25.0% Reduced
COFCapital One0.23%$71.2m355.0K+26.0% Added
AMATApplied Materials0.22%$68.1m94.2K−62.1% Reduced
CRWVCoreweave, Inc.0.22%$67.2m675.0KNew
VRTVertiv0.18%$55.2m165.0K−13.2% Reduced
NVTnVent Electric plc0.17%$51.7m305.0K−52.7% Reduced
APCArko Petroleum Corp.0.16%$49.9m2.65M0.0%
CBRSCerebras Systems Inc.0.16%$48.6m220.0KNew
GRABGrab Holdings Ltd0.16%$48.3m12.80M−14.7% Reduced
TASKTaskus, Inc.0.15%$47.2m10.09M0.0%
PAGPPlains GP Holdings LP0.15%$46.1m1.90M−4.0% Reduced
CCAPCrescent Capital BDC, Inc.0.15%$45.9m4.21M0.0%
PBAPembina Pipeline Corp0.13%$40.8m883.1K−7.3% Reduced
VVisa Inc.0.13%$40.6m118.3K−27.8% Reduced
TLNTalen Energy Corp0.13%$40.3m105.0K−10.7% Reduced
AUTLAutolus Therapeutics plc0.11%$32.8m20.49M0.0%
OKEOneok0.10%$32.0m368.2K−89.2% Reduced
AMDAdvanced Micro Devices0.09%$26.7m46.0K−83.3% Reduced
DFTXDefinium Therapeutics, Inc.0.09%$26.4m561.6K+10.4% Added
SOBOSouth Bow Corp0.08%$23.5m666.5K−4.4% Reduced
ARTVArtiva Biotherapeutics, Inc.0.08%$23.3m2.40MNew
BTDRBitdeer Technologies Group0.07%$23.0m1.45MNew
ORKAOruka Therapeutics, Inc.0.07%$22.6m237.1KNew
MUMicron Technology0.07%$22.2m19.2K+42.2% Added
NVDANVIDIA Corporation0.07%$21.9m109.6K+13.0% Added
CLDTChatham Lodging Trust0.07%$21.4m1.62M0.0%
PTENPatterson UTI Energy Inc0.06%$19.3m2.10M−70.5% Reduced
OTLYOatly Group AB0.06%$18.6m1.99M0.0%
BAERBridger Aerospace Group Holdings, Inc.0.06%$18.5m9.62M0.0%
INIOInnio N.V.0.06%$17.8m450.0KNew
MAIRMadison Air Solutions Corp0.05%$15.6m400.0KNew
QNTQuantinuum Inc.0.05%$14.7m180.0KNew
AJGArthur J. Gallagher & Co.0.05%$14.1m61.5K+360.0% Added
ALXOALX Oncology Holdings Inc0.04%$13.6m6.59M+13.2% Added
TDGTransDigm Group0.04%$13.1m9.9K+66.6% Added
VMETVersamet Royalties Corp0.04%$12.6m1.03MNew
XFORX4 Pharmaceuticals, Inc0.04%$12.5m2.68M0.0%
IKTInhibikase Therapeutics, Inc.0.04%$12.1m5.94M0.0%
ACHRArcher Aviation Inc.0.04%$11.8m2.50M−50.5% Reduced
METAMeta Platforms0.04%$11.8m20.9K−40.0% Reduced
FRVOFervo Energy Co0.04%$11.7m400.0KNew
DPCDPC Holdings PLC0.04%$11.3m230.1KNew
ELVNEnliven Therapeutics, Inc.0.04%$10.9m215.7KNew
LOARLoar Holdings Inc.0.04%$10.7m133.3KNew
GLPGlobal Partners LP0.04%$10.7m230.0K−4.4% Reduced
SYRESpyre Therapeutics, Inc.0.04%$10.7m120.2K−59.0% Reduced
NOVTNovanta Inc0.03%$9.7m60.0KNew
JBIOJade Biosciences, Inc.0.03%$9.7m435.3KNew
ARRYArray Technologies, Inc.0.03%$8.9m1.20M−33.3% Reduced
TARAProtara Therapeutics, Inc.0.03%$8.7m2.27M0.0%
HPPHudson Pacific Properties, Inc.0.03%$8.2m542.4K0.0%
GELGenesis Energy LP0.03%$8.2m575.7K0.0%
ARXSArxis, Inc.0.03%$8.1m175.0KNew
SPHSuburban Propane Partners LP0.02%$7.2m421.3K−4.4% Reduced
CYRXCryoport, Inc.0.02%$7.1m453.4K0.0%
DKLDelek Logistics Partners, LP0.02%$6.8m132.2K−4.4% Reduced
XEX-energy, Inc.0.02%$6.0m325.0KNew
GOOGLAlphabet Inc. (Class A)0.02%$5.8m16.1K−52.7% Reduced
RZLTRezolute, Inc.0.02%$5.6m1.08MNew
VSHVishay Intertechnology Inc0.02%$5.4m100.0KNew
BSXBoston Scientific0.02%$5.3m124.2K−22.7% Reduced
AADXApplied Aerospace & Defense, Inc.0.02%$5.1m225.0KNew
ALOYRealloys Inc.0.02%$5.1m350.9KNew
BLSHBullish0.02%$5.0m214.1K+7.1% Added
MAMastercard0.02%$4.9m9.6K−60.5% Reduced
QUBTQuantum Computing Inc.0.02%$4.8m500.0K0.0%
MCOMoody's Corporation0.02%$4.8m10.5K−20.8% Reduced
GEGE Aerospace0.01%$4.5m11.9K−42.5% Reduced
SPGIS&P Global0.01%$4.4m10.8K−35.3% Reduced
LXEOLexeo Therapeutics, Inc.0.01%$4.2m905.0K0.0%
CIENCiena0.01%$4.0m8.2K+13.2% Added
BEBloom Energy0.01%$4.0m13.2K−59.4% Reduced
YSSYork Space Systems Inc.0.01%$3.7m150.0K0.0%
LITELumentum0.01%$3.6m4.2K−62.4% Reduced
APHAmphenol0.01%$3.4m19.6K+38.3% Added
RBRKRubrik, Inc.0.01%$3.4m42.8K+239.1% Added
DAVEDave Inc.0.01%$3.3m8.9K−38.1% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD0.01%$3.2m6.8K−54.5% Reduced
AVLNAvalyn Pharma Inc.0.01%$3.2m98.0KNew
TFXTeleflex Inc0.01%$3.1m24.1KNew
LONALeonabio, Inc.0.01%$3.0m324.6KNew
EQPTEquipmentshare.com Inc0.01%$2.9m150.0K0.0%
MTZMastec Inc0.01%$2.9m7.1KNew
FSLRFirst Solar, Inc.0.01%$2.9m12.4K−56.5% Reduced
WHRWhirlpool Corp0.01%$2.8m70.8KNew
EQIXEquinix0.01%$2.7m2.6KNew
DDominion Energy0.01%$2.5m37.0KNew
AVEXAevex Corp.0.01%$2.5m120.0KNew
LYVLive Nation Entertainment0.01%$2.4m13.3KNew
SNDKSandisk0.01%$2.4m1.1K−35.7% Reduced
BACBank of America0.01%$2.4m42.1K−55.7% Reduced
SAPSAP SE0.01%$2.4m15.5KNew
MODModine Manufacturing Co0.01%$2.4m8.8KNew
HAWKHawkeye 360, Inc.0.01%$2.3m115.0KNew
ECHOEchoStar0.01%$2.3m22.8K−66.0% Reduced
ASMLAsml Holding NV0.01%$2.3m1.1K−64.4% Reduced
ETREntergy0.01%$2.3m19.7K−19.9% Reduced
VEEVVeeva Systems Inc0.01%$2.2m12.6KNew
SKESkeena Resources Ltd0.01%$2.2m83.4KNew
TFCTruist Financial0.01%$2.2m44.6KNew
PRMBPrimo Brands Corp0.01%$2.2m90.4KNew
STXSeagate Technology0.01%$2.2m2.3KNew
CRMSalesforce0.01%$2.2m14.0KNew
WCNWaste Connections, Inc.0.01%$2.2m13.0K−42.5% Reduced
MMLPMartin Midstream Partners L.p.0.01%$2.2m932.8K−4.3% Reduced
STMStmicroelectronics N.V.0.01%$2.1m28.5KNew
SGUStar Group, L.p.0.01%$2.1m165.9K−4.4% Reduced
GMGeneral Motors0.01%$2.1m27.6K−73.2% Reduced
NKTXNkarta, Inc.0.01%$2.1m747.0KNew
MKLMarkel Group Inc.0.01%$2.1m1.1KNew
URIUnited Rentals0.01%$2.1m1.8KNew
UALUnited Airlines Holdings0.01%$2.1m15.2K−30.1% Reduced
AHRAmerican Healthcare Reit, Inc.0.01%$2.1m39.5K−3.3% Reduced
IPInternational Paper0.01%$2.0m53.3KNew
CVECenovus Energy Inc.0.01%$2.0m80.8K+27.7% Added
ORLYO'Reilly Automotive0.01%$2.0m21.8KNew
NKTRNektar Therapeutics0.01%$2.0m28.7KNew
CMPXCompass Therapeutics, Inc.0.01%$2.0m899.9K−51.6% Reduced
FICOFair Isaac0.01%$1.9m1.6K−17.5% Reduced
CompanyBought (value)Shares
SPCXSpace Exploration Technologies Corp$2.7bn15.53M
DLRDigital Realty$2.2bn12.31M
KMIKinder Morgan$163.0m5.10M
VGVenture Global, Inc.$156.8m14.09M
LRCXLam Research$98.5m227.2K
EPDEnterprise Products Partners L.p.$97.7m2.66M
WESWestern Midstream Partners, LP$70.5m1.61M
TRGPTarga Resources$69.6m259.6K
CRWVCoreweave, Inc.$67.2m675.0K
NFGNational Fuel GAS Co$50.1m648.8K
CBRSCerebras Systems Inc.$48.6m220.0K
FPSForgent Power Solutions, Inc.$44.4m795.0K
PAAPlains ALL American Pipeline LP$32.1m1.44M
ARTVArtiva Biotherapeutics, Inc.$23.3m2.40M
BTDRBitdeer Technologies Group$23.0m1.45M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
LGNLegence Corp.−$499.9m−5.87M
TRPTC Energy Corp−$332.8m−5.02M
OKEOneok−$264.9m−3.05M
LNGCheniere Energy, Inc.−$158.1m−661.4K
MPLXMplx LP−$134.8m−2.39M
AMDAdvanced Micro Devices−$133.7m−230.1K
AMATApplied Materials−$111.7m−154.5K
HESMHess Midstream LP−$74.6m−1.98M
NVTnVent Electric plc−$57.7m−340.0K
PTENPatterson UTI Energy Inc−$46.2m−5.04M
EQTEQT Corporation−$39.9m−750.0K
DTMDT Midstream, Inc.−$27.8m−189.7K
ENBEnbridge Inc−$25.2m−464.5K
BMBLBumble Inc.−$23.9m−7.48M
VNOMViper Energy, Inc.−$23.5m−500.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
VNOMViper Energy, Inc.$23.5m500.0K
ASMBAssembly Biosciences, Inc.$8.2m296.9K
PGRProgressive Corporation$7.5m37.8K
KLARKlarna Group plc$6.9m525.8K
ABTAbbott Laboratories$5.5m53.9K
FISFidelity National Information Services$5.5m116.8K
KMBKimberly-Clark$5.3m54.7K
SHOPShopify Inc.$5.2m43.5K
APLEApple Hospitality Reit, Inc.$5.1m446.9K
CONConcentra Group Holdings Parent, Inc.$5.0m235.2K
APLDApplied Digital Corp.$5.0m211.1K
CCitigroup$5.0m43.9K
GTLBGitlab Inc.$4.7m218.6K
MYRGMYR Group Inc.$4.5m15.9K
NPOEnpro Inc.$4.3m17.3K
SESea Ltd$4.3m52.3K
AXSMAxsome Therapeutics, Inc.$4.1m24.5K
CNPCenterPoint Energy$3.8m87.8K
MCDMcDonald's$3.7m12.0K
CCICrown Castle$3.7m45.7K
WWDWoodward, Inc.$3.6m10.0K
LENLennar$3.5m40.3K
RBARB Global Inc.$3.5m36.1K
BKHBlack Hills Corp$3.3m48.2K
SABSSAB Biotherapeutics, Inc.$3.3m860.2K
CELHCelsius Holdings, Inc.$3.2m91.5K
MGMMGM Resorts$3.2m86.4K
TWLOTwilio Inc$3.1m25.0K
EXPEExpedia Group$3.1m13.5K
ICEIntercontinental Exchange$3.1m19.4K
  • Energy53.2%
  • Industrials17.4%
  • Real Estate8.6%
  • Financials8.4%
  • Utilities7.3%
  • Technology2.8%
  • Health Care1.0%
  • Consumer Discretionary0.7%
  • Communication Services0.4%
  • Consumer Staples0.1%
  • Materials0.1%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+13.9%+14.1%0.630.78−47.9%0.71
2018 onwardsJanuary 5, 2018 to November 2, 2026+15.7%+13.9%0.630.66−47.9%0.70
Last three yearsNovember 3, 2023 to November 2, 2026+14.4%+21.8%0.641.16−13.1%0.44
Last yearNovember 7, 2025 to November 2, 2026+17.9%+14.2%1.000.84−6.6%−0.08

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.