1y return+16.2%S&P 500 +20.9%
3y return+54.1%S&P 500 +68.5%
5y return+43.9%S&P 500 +74.5%
10y return+79.9%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $180 against $357 in the S&P 500.2
Blackstone Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| CQPCheniere Energy Partners L P | $6.2B | 20.4% | |
| SPCXSpace Exploration Techn Corp | $2.7B | 8.7% | New |
| DLRDigital Rlty Tr Inc | $2.2B | 7.2% | New |
| CRBGCorebridge Finl Inc | $1.8B | 5.8% | |
| LGNLegence Corp | $1.7B | 5.4% | −23.1% |
| FEFirstenergy Corp | $1.4B | 4.5% | |
| WMBWilliams Cos Inc | $1.3B | 4.2% | +1.6% |
| SPYState Str Spdr S&p 500 Etf T | $1.3B | 4.2% | +1502.0% |
| TRGPTarga Res Corp | $965.8M | 3.2% | +7.8% |
| EPDEnterprise Prods Partners L | $873.4M | 2.9% | +12.6% |
| KMIKinder Morgan Inc Del | $833.4M | 2.7% | +24.3% |
| ENBEnbridge Inc | $739.4M | 2.4% | −3.3% |
| MPLXMplx LP | $729.9M | 2.4% | −15.6% |
| ETEnergy Transfer L P | $684.2M | 2.2% | +15.0% |
| KNTKKinetik Holdings Inc | $576.2M | 1.9% | |
| TXNMTxnm Energy Inc | $454.2M | 1.5% | |
| WESWestern Midstream Partners L | $453.7M | 1.5% | +18.4% |
| PAAPlains All Amern Pipeline L | $449.3M | 1.5% | +7.7% |
| DTMDt Midstream Inc | $365.5M | 1.2% | −7.1% |
| LNGCheniere Energy Inc | $291.6M | 1.0% | −35.2% |
| HESMHess Midstream LP | $217.6M | 0.7% | −25.5% |
| SUNCSunococorp LLC | $203.6M | 0.7% | −2.1% |
| Avalonbay Cmntys IncCUSIP 053484101 | $195.4M | 0.6% | +122.7% |
| AMZNAmazon Com Inc | $167.8M | 0.5% | −1.6% |
| VGVenture Global Inc | $159.1M | 0.5% | +7045.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TRGPTarga Res Corp | June 30, 2020 | +1236.0% | $965.8M |
| LNGCheniere Energy Inc | June 30, 2020 | +394.6% | $291.6M |
| WESWestern Midstream Partners L | June 30, 2020 | +335.9% | $453.7M |
| WMBWilliams Cos Inc | June 30, 2020 | +290.8% | $1.3B |
| MPLXMplx LP | June 30, 2020 | +226.0% | $729.9M |
| DTMDt Midstream Inc | September 30, 2021 | +217.4% | $365.5M |
| LGNLegence Corp | September 30, 2025 | +176.6% | $1.7B |
| ETEnergy Transfer L P | June 30, 2020 | +168.6% | $684.2M |
| PAAPlains All Amern Pipeline L | June 30, 2020 | +151.8% | $449.3M |
| KMIKinder Morgan Inc Del | June 30, 2020 | +110.8% | $833.4M |
Sold off last quarter
- Clearwater Analytics Hldgs ICUSIP 185123106 was $96.2M
- VNOMViper Energy Inc was $23.5M
- Masimo CorpCUSIP 574795100 was $19.5M
- Terns Pharmaceuticals IncCUSIP 880881107 was $12.2M
- ASMBAssembly Biosciences Inc was $8.2M
- PGRProgressive Corp was $7.5M
- Klarna Group PLCCUSIP G5279N105 was $6.9M
- ABTAbbott Laboratories was $5.5M
- FISFidelity Natl Information Sv was $5.5M
- BPBp PLC was $5.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.9% | +14.8% |
| March 31, 2026 | +13.7% | −4.6% |
| December 31, 2025 | −0.8% | +2.4% |
| September 30, 2025 | −0.8% | +7.8% |
| June 30, 2025 | −3.7% | +10.5% |
| March 31, 2025 | +8.5% | −4.6% |
| December 31, 2024 | +8.2% | +2.1% |
| September 30, 2024 | +2.8% | +5.4% |
| June 30, 2024 | −0.0% | +4.0% |
| March 31, 2024 | +8.8% | +10.0% |
| December 31, 2023 | +0.8% | +11.2% |
| September 30, 2023 | +4.1% | −3.6% |
| June 30, 2023 | +0.0% | +8.3% |
| March 31, 2023 | −3.5% | +7.0% |
| December 31, 2022 | +8.6% | +7.1% |
| September 30, 2022 | +8.3% | −5.3% |
| June 30, 2022 | −17.1% | −16.5% |
| March 31, 2022 | +11.0% | −4.9% |
| December 31, 2021 | −3.2% | +10.7% |
| September 30, 2021 | −7.6% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Blackstone Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1393818&type=13F-HR&dateb=&owner=include&count=40CIK 1393818
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1393818/000119312526352211/Filed August 14, 2026 · accession 0001193125-26-352211