Blackstone Inc.Blackstone Inc.

Institutional investor · Portfolio as of Q3 2025

Top Holdings248 positions

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Activity:
CQPCQP
Unit

CHENIERE ENERGY PARTNERS L P COM UNIT

102.3M$5.5B22.1%$21.62+135.39%
28 qtrssince 2018-Q4
Unchanged
0

COREBRIDGE FINL INC COM

62M$2B8.0%$15.17+104.23%
13 qtrssince 2022-Q3
Unchanged
0
SPYSPY
PUT

State Street Spdr S&p 500 Etf Trust TR UNIT

2.3M$1.5B6.1%———
Increased
—

FIRSTENERGY CORP

28.8M$1.3B5.3%$33.14+32.93%
20 qtrssince 2020-Q4
Unchanged
0

Williams Companies Inc. (The)

19.6M$1.2B5.0%$40.58+51.51%
22 qtrssince 2020-Q2
Increased
59

EQT Corporation

18.3M$995.1M4.0%$53.800.00%
2 qtrssince 2025-Q2
Increased
94

LEGENCE CORP CL A

29M$894.2M3.6%$31.120.00%
1 qtr
New
88

CHENIERE ENERGY INC

3.4M$810.5M3.2%$153.62+51.47%
26 qtrssince 2019-Q2
Increased
79

ENBRIDGE INC

15.6M$789M3.2%$42.21+17.78%
22 qtrssince 2020-Q2
Increased
64
MPLXMPLX
Unit

MPLX LP COM UNIT REP LTD

14M$700.2M2.8%$8.44+447.63%
23 qtrssince 2020-Q1
Decreased
0

ENERGY TRANSFER L P COM UT LTD PTN

38.5M$661.4M2.6%$4.42+261.20%
23 qtrssince 2020-Q1
Decreased
0

ENTERPRISE PRODS PARTNERS L

20.5M$642.6M2.6%$17.80+64.99%
23 qtrssince 2020-Q1
Increased
56

TARGA RES CORP

3.8M$639.7M2.6%$55.36+196.25%
28 qtrssince 2018-Q4
Increased
57

KINDER MORGAN INC DEL

21.7M$615.6M2.5%$26.81+1.53%
22 qtrssince 2020-Q2
Increased
55

LOAR HOLDINGS INC COM SHS

6.8M$547.2M2.2%$72.27+8.63%
6 qtrssince 2024-Q2
Decreased
0

KINETIK HOLDINGS INC COM NEW CL A

11.9M$509.2M2.0%$26.61+49.43%
14 qtrssince 2022-Q2
Unchanged
0

TXNM ENERGY INC COM

8M$452.4M1.8%$54.33+1.13%
2 qtrssince 2025-Q2
Unchanged
0
WESWES
Unit

WESTERN MIDSTREAM PARTNERS LP COM UNIT LP INT

9M$355.5M1.4%$16.21+122.11%
22 qtrssince 2020-Q2
Decreased
0

ONEOK INC NEW

3.5M$258.5M1.0%$68.22+1.45%
10 qtrssince 2023-Q2
Increased
78

DT MIDSTREAM INC COMMON STOCK

2.2M$248.7M1.0%$93.94+17.21%
17 qtrssince 2021-Q3
Decreased
0
$25B
AUM
248
Positions
Q3 2025
Filing
HI score · 2.0/5
Quarterly 13F Value Change
-3%Q2'24$22.5B-2%Q3'24$22B-4%Q4'24$21.1B+8%Q1'25$22.8B-3%Q2'25$22.2B+5%Q3'25$23.4B
Activity profile
$ moved · Q3'25
New23%Increased40%Decreased26%Exited11%
Composition
Equity vs derivatives
Equity94%Puts6%Calls0%
Holding period
Avg 1.7 years
<1Q42%1-4Q15%1-2Y9%2Y+35%

Blackstone Inc. manages $25B across 248 positions as of Q3 2025. Top holdings: CQP (22.1%), CRBG (8.0%), SPY puts (6.1%). Fund DNA: Momentum Trader. HoldingsIntel Score: 2/5.0.

Q3 2025 Summary

Active quarter - 121 new positions, 38 exits, 36 increased. Top move: EQT (INCREASED, conviction 94). Portfolio: $25.0B across 248 positions.

Top holdings by portfolio weight

Total AUM$23B
CQP22.06%
CRBG7.95%
FE5.29%
WMB4.98%
EQT3.99%
LGN3.58%
LNG3.25%
ENB3.16%
MPLX2.80%
ET2.65%
Other2.57%

Portfolio allocation by GICS sector

Sectors11
Energy34.97%
Unknown30.25%
Financial Services10.49%
Utilities9.01%
Industrials6.93%
Technology3.33%
Healthcare1.29%
Communication Services1.10%
Real Estate1.10%
Consumer Cyclical0.75%
Other0.79%

Behavioral investing profile

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Momentum Trader- primarily Energy, Unknown, Financial Services
Compare DNA across all funds
7-dimension, SEC 13F-derived research score
Below Average(2.0 / 5.0)
Holdings P&L35
Conviction43
Concentration94
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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.

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

Verify source filings on SEC EDGAR

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