Blackstone Inc.Blackstone Inc.

Institutional investor · Portfolio as of Q1 2025

Top Holdings172 positions

Checking export access…
Activity:
CQPCQP
Unit

CHENIERE ENERGY PARTNERS L P

102.3M$6.8B28.1%$21.62+180.47%
26 qtrssince 2018-Q4
Unchanged
0

COREBRIDGE FINL INC

62M$2B8.1%$15.17+98.19%
11 qtrssince 2022-Q3
Unchanged
0

WILLIAMS COS INC

20.1M$1.2B5.0%$40.23+41.76%
20 qtrssince 2020-Q2
Increased
62

FIRSTENERGY CORP

28.8M$1.2B4.8%$33.14+14.87%
18 qtrssince 2020-Q4
Unchanged
0
SPYSPY
PUT

STATE STR SPDR S&P 500 ETF T

2M$1.1B4.5%———
Increased
—

TARGA RES CORP

4.9M$973.9M4.0%$49.63+290.89%
26 qtrssince 2018-Q4
Increased
61

ENERGY TRANSFER L P

52M$967.3M4.0%$4.42+276.72%
21 qtrssince 2020-Q1
Decreased
0
MPLXMPLX
Unit

MPLX LP

17.5M$936.6M3.9%$8.44+464.80%
21 qtrssince 2020-Q1
Decreased
0

LOAR HOLDINGS INC

12.5M$881.4M3.7%$72.55-2.62%
4 qtrssince 2024-Q2
Unchanged
0

EXPAND ENERGY CORPORATION

5.7M$635.5M2.6%$51.52+107.06%
14 qtrssince 2021-Q4
Decreased
0

KINETIK HOLDINGS INC

11.9M$619.1M2.6%$26.61+75.10%
12 qtrssince 2022-Q2
Unchanged
0

ENTERPRISE PRODS PARTNERS L

16M$545.2M2.3%$14.67+111.04%
21 qtrssince 2020-Q1
Increased
56

ENBRIDGE INC

9.6M$427.1M1.8%$40.24+7.29%
20 qtrssince 2020-Q2
Increased
73
WESWES
Unit

WESTERN MIDSTREAM PARTNERS L

10.4M$426.4M1.8%$16.21+120.85%
20 qtrssince 2020-Q2
Decreased
0

CHENIERE ENERGY INC

1.7M$382.9M1.6%$64.45+254.02%
24 qtrssince 2019-Q2
Decreased
0
PAAPAA
Unit

PLAINS ALL AMERN PIPELINE L

16.3M$325.8M1.4%$12.33+43.63%
20 qtrssince 2020-Q2
Increased
55

KINDER MORGAN INC DEL

11.3M$323.7M1.3%$25.76+4.21%
20 qtrssince 2020-Q2
Increased
79

TC ENERGY CORP

6.8M$322.4M1.3%$43.84+6.88%
20 qtrssince 2020-Q2
Decreased
0

DT MIDSTREAM INC

3.2M$312.2M1.3%$92.57-0.04%
15 qtrssince 2021-Q3
Increased
78

HESS MIDSTREAM LP

6.2M$260.9M1.1%$35.10+6.72%
8 qtrssince 2023-Q2
Increased
78
$24.1B
AUM
172
Positions
Q1 2025
Filing
HI score · 2.0/5
Quarterly 13F Value Change
-7%Q4'23$22.2B+11%Q1'24$24.8B-3%Q2'24$23.9B-4%Q3'24$22.9B-4%Q4'24$22B+10%Q1'25$24.1B
Activity profile
$ moved · Q1'25
New18%Increased42%Decreased25%Exited15%
Composition
Equity vs derivatives
Equity95%Puts5%Calls0%
Holding period
Avg 2.0 years
<1Q20%1-4Q23%1-2Y15%2Y+42%

Blackstone Inc. manages $24.1B across 172 positions as of Q1 2025. Top holdings: CQP (28.1%), CRBG (8.1%), WMB (5.0%). Fund DNA: Momentum Trader. HoldingsIntel Score: 2/5.0.

Q1 2025 Summary

Active quarter - 48 new positions, 39 exits, 35 increased. Top move: KMI (INCREASED, conviction 79). Portfolio: $24.1B across 172 positions.

Top holdings by portfolio weight

Total AUM$23B
CQP28.07%
CRBG8.12%
WMB4.98%
FE4.84%
TRGP4.04%
ET4.02%
MPLX3.89%
LOAR3.66%
EXE2.64%
KNTK2.57%
Other2.26%

Portfolio allocation by GICS sector

Sectors11
Unknown38.41%
Energy33.82%
Financial Services10.78%
Utilities5.82%
Industrials4.16%
Technology3.16%
Real Estate1.19%
Communication Services0.81%
Healthcare0.75%
Consumer Cyclical0.53%
Other0.58%

Behavioral investing profile

Checking access…
Momentum Trader- primarily Unknown, Energy, Financial Services
Compare DNA across all funds
7-dimension, SEC 13F-derived research score
Below Average(2.0 / 5.0)
Holdings P&L34
Conviction43
Concentration94
Checking access…

Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

Funds with similar investing DNA

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
4Q
MSFTMSFTMICROSOFT CORP
Q3 2025 → Q2 2026+365,484 shares+$136M
4Q
NVDANVDANVIDIA CORPORATION
Q3 2025 → Q2 2026+78,866 shares+$17.1M
4Q
SPYSPYSTATE STR SPDR S&P 500 ETF T
Q3 2025 → Q2 2026+1.7M shares+$1.3B
Checking access…

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

Verify source filings on SEC EDGAR

Analytics tracking helps us improve the product. Essential functions stay on either way. How analytics data is used