Blackstone Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Blackstone Inc. reported 244 stock positions worth $23.4 billion. Its top holding was Cheniere Energy Partners (CQP) at 23.5% of the portfolio, followed by Corebridge Financial (CRBG, 8.5%) and Firstenergy (FE, 5.6%). Compared with Q2 2025, it opened 120 new positions, sold out of 38, added to 35 and reduced 29. The biggest buy was Eqt (EQT, shares +409271%) and the biggest sale Coreweave Class A (CRWV, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001393818
- Portfolio Value
- $23.4B (Q3 2025)
- SEC Filing
- 0001193125-25-282864 ↗ filed Nov 14, 2025
Holdings Value
Holdings 244 stocks · $23.4B
| CQP Cheniere Energy Partners LP | 23.55% | 102,346,331 | $5.5B | No change |
| CRBG Corebridge Financial Inc. | 8.49% | 61,962,123 | $2.0B | No change |
| FE Firstenergy Corp. | 5.65% | 28,832,099 | $1.3B | No change |
| WMB Williams Cos Inc. | 5.31% | 19,610,141 | $1.2B | Add +1.7% |
| EQT Eqt Corp. | 4.25% | 18,282,495 | $995.1M | Add +409270.7% |
| LGN Legence Corp. Class A | 3.82% | 29,022,940 | $894.2M | New |
| LNG Cheniere Energy Inc. | 3.46% | 3,449,170 | $810.5M | Add +45.8% |
| ENB Enbridge Inc. | 3.37% | 15,635,666 | $789.0M | Add +9.3% |
| MPLX MPLX LP | 2.99% | 14,017,717 | $700.2M | Reduce -17.3% |
| ET Energy Transfer LP | 2.83% | 38,540,310 | $661.4M | Reduce -17.4% |
| EPD Enterprise Products Partners | 2.75% | 20,549,131 | $642.6M | Add +2.8% |
| TRGP Targa Resources Corp. | 2.73% | 3,817,996 | $639.7M | Add +5.3% |
| KMI Kinder Morgan Inc. | 2.63% | 21,745,646 | $615.6M | Add +1.4% |
| LOAR Loar Holdings Inc. | 2.34% | 6,840,299 | $547.2M | Reduce -11.0% |
| KNTK Kinetik Holdings Inc. | 2.18% | 11,914,272 | $509.2M | No change |
| TXNM TXNM Energy Inc. | 1.93% | 8,000,000 | $452.4M | No change |
| WES Western Midstream Partners L | 1.52% | 9,047,801 | $355.5M | Reduce -1.3% |
| OKE Oneok Inc. | 1.10% | 3,542,440 | $258.5M | Add +949.1% |
| DTM DT Midstream Inc. | 1.06% | 2,199,928 | $248.7M | Reduce -38.9% |
| PAA Plains All Amer Pipeline LP | 1.00% | 13,764,223 | $234.8M | Reduce -13.9% |
| TLN Talen Energy Corp. | 0.91% | 497,710 | $211.7M | Reduce -45.4% |
| TASK Taskus Inc. Class A | 0.77% | 10,094,674 | $180.2M | No change |
| BXMT Blackstone Mortgage Tru Class A | 0.68% | 8,601,492 | $158.4M | No change |
| PTEN Patterson-Uti Energy Inc. | 0.62% | 28,061,526 | $145.4M | Add +0.0% |
| PSFE Paysafe Ltd. | 0.61% | 10,961,114 | $141.6M | Reduce -3.3% |
| BMBL Bumble Inc. Class A | 0.54% | 20,821,385 | $126.8M | Reduce -30.9% |
| HESM Hess Midstream LP Class A | 0.54% | 3,644,723 | $125.9M | Reduce -27.3% |
| VNET Vnet Group Inc.-ADR | 0.46% | 10,402,130 | $107.5M | No change |
| SUN Sunoco LP | 0.40% | 1,883,976 | $94.2M | Add +4.9% |
| TRP TC Energy Corp. | 0.39% | 1,680,271 | $91.4M | Reduce -48.1% |
| AMZN Amazon.com Inc. | 0.39% | 411,155 | $90.3M | Add +79.9% |
| SRE Sempra | 0.38% | 977,941 | $88.0M | Reduce -0.7% |
| BXSL Blackstone Secured Lending F | 0.36% | 3,206,530 | $83.6M | No change |
| SHO Sunstone Hotel Investors Inc. | 0.35% | 8,645,000 | $81.0M | No change |
| VNOM Viper Energy Inc. Class A | 0.33% | 2,000,000 | $76.4M | New |
| FTV Fortive Corp. | 0.31% | 1,500,000 | $73.5M | Add +34.5% |
| CWAN Clearwater Analytics HDS-A | 0.31% | 4,067,360 | $73.3M | No change |
| FOA Finance of America Cos Inc. Class A | 0.31% | 3,192,284 | $71.6M | No change |
| MTZ Mastec Inc. | 0.29% | 320,000 | $68.1M | Reduce -8.6% |
| COF Capital One Financial Corp. | 0.29% | 319,360 | $67.9M | Reduce -1.7% |
| SOBO South Bow Corp. | 0.26% | 2,170,409 | $61.4M | Reduce -44.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 90,223 | $60.1M | Add +4533.9% |
| CCAP Crescent Capital BDC Inc. | 0.26% | 4,205,307 | $60.0M | No change |
| AM Antero Midstream Corp. | 0.24% | 2,832,035 | $55.1M | Add +18.2% |
| FLUT Flutter Entertainment PLC-Di | 0.23% | 215,000 | $54.6M | Add +3.6% |
| CRH CRH PLC | 0.23% | 450,000 | $54.0M | Reduce -46.8% |
| CX Cemex Sab-Spons ADR Part Cer | 0.22% | 5,800,000 | $52.1M | New |
| GTLS Chart Industries Inc. | 0.21% | 250,000 | $50.0M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 959,123 | $49.5M | Add +4.3% |
| PINS Pinterest Inc. Class A | 0.21% | 1,525,000 | $49.1M | New |
| RNR Renaissancere Holdings Ltd. | 0.18% | 170,000 | $43.2M | Add +32.3% |
| V Visa Inc. Class A | 0.18% | 123,418 | $42.1M | New |
| IWM iShares Russell 2000 ETF | 0.17% | 167,601 | $40.6M | Add +95.1% |
| PBA Pembina Pipeline Corp. | 0.17% | 955,322 | $38.7M | Reduce -0.6% |
| CYBR Cyberark Software Ltd./Israel | 0.17% | 80,000 | $38.7M | New |
| PAGP Plains GP Holdings LP | 0.16% | 2,050,789 | $37.4M | Reduce -0.7% |
| CMPX Compass Therapeutics Inc. | 0.15% | 9,840,108 | $34.4M | Reduce -1.9% |
| AUTL Autolus Therapeutics PLC | 0.14% | 20,485,611 | $33.4M | No change |
| MIND MEDICINE MINDMED INC | 0.14% | 2,776,561 | $32.7M | Reduce -22.6% |
| OTLY Oatly Group AB | 0.14% | 1,988,909 | $32.2M | No change |
| RZLT Rezolute Inc. | 0.12% | 3,023,899 | $28.4M | Reduce -15.1% |
| ZYME Zymeworks Inc. | 0.12% | 1,616,290 | $27.6M | Reduce -2.4% |
| LBRDK Liberty Broadband-C | 0.12% | 428,322 | $27.2M | Add +5845.6% |
| ELVN Enliven Therapeutics Inc. | 0.12% | 1,320,592 | $27.0M | No change |
| GDX Vaneck Gold Miners ETF | 0.11% | 350,000 | $26.7M | Reduce -30.0% |
| VST Vistra Corp. | 0.11% | 130,000 | $25.5M | New |
| QUBT Quantum Computing Inc. | 0.11% | 1,343,364 | $24.7M | New |
| SRLN SS Blackstone Sr Loan ETF | 0.10% | 555,591 | $23.1M | Add +12.8% |
| KLAR Klarna Group PLC | 0.09% | 605,844 | $22.2M | New |
| MP MP Materials Corp. | 0.09% | 325,000 | $21.8M | New |
| CRWV Coreweave Inc. Class A | 0.09% | 153,947 | $21.1M | Reduce -96.0% |
| GOOGL Alphabet Inc. Class A | 0.09% | 83,324 | $20.3M | Reduce -66.7% |
| FOLD Amicus Therapeutics Inc. | 0.08% | 2,467,104 | $19.4M | No change |
| BCAX Bicara Therapeutics Inc. | 0.08% | 1,224,336 | $19.3M | No change |
| INDA iShares MSCI India ETF | 0.08% | 350,872 | $18.3M | Add +37.1% |
| CORZ Core Scientific Inc. | 0.08% | 1,000,000 | $17.9M | Reduce -41.8% |
| BAER Bridger Aerospace Group Hold | 0.08% | 9,624,610 | $17.8M | No change |
| VIK Viking Holdings Ltd. | 0.07% | 275,000 | $17.1M | New |
| WBI Waterbridge Infrastruc Class A | 0.07% | 675,000 | $17.0M | New |
| AXSM Axsome Therapeutics Inc. | 0.07% | 140,000 | $17.0M | No change |
| CRCL Circle Internet Group Inc. | 0.07% | 125,000 | $16.6M | New |
| ORKA Oruka Therapeutics Inc. | 0.07% | 850,400 | $16.4M | Add +2.9% |
| USAC USA Compression Partners LP | 0.07% | 654,419 | $15.7M | No change |
| ARRY Array Technologies Inc. | 0.06% | 1,799,900 | $14.7M | No change |
| NBIS Nebius Group NV | 0.06% | 125,000 | $14.0M | New |
| BLSH Bullish | 0.05% | 200,000 | $12.7M | New |
| KRMN Karman Holdings Inc. | 0.05% | 165,000 | $11.9M | No change |
| FSCO FS Credit Opportunities Corp. | 0.05% | 1,662,945 | $11.5M | No change |
| ASMB Assembly Biosciences Inc. | 0.05% | 447,789 | $11.5M | New |
| SARO Standardaero Inc. | 0.05% | 400,000 | $10.9M | No change |
| GLP Global Partners LP | 0.05% | 227,104 | $10.9M | Add +40.1% |
| CLDT Chatham Lodging Trust | 0.05% | 1,621,000 | $10.9M | No change |
| HUDSON PAC PPTYS INC | 0.04% | 3,797,100 | $10.5M | No change |
| EA Electronic Arts Inc. | 0.04% | 50,000 | $10.1M | New |
| GEL Genesis Energy L.P. | 0.04% | 575,735 | $9.6M | No change |
| SYRE Spyre Therapeutics Inc. | 0.04% | 500,998 | $8.4M | Add +2.4% |
| TARA Protara Therapeutic Inc. | 0.04% | 1,909,662 | $8.3M | No change |
| NTSK Netskope Inc. Class A | 0.03% | 350,000 | $8.0M | New |
| FIG Figma Inc. Class A | 0.03% | 150,000 | $7.8M | New |
| SPH Suburban Propane Partners LP | 0.03% | 414,171 | $7.7M | No change |
Options reported separately and not counted above: SPY puts ($1.5B), BULL puts ($16.3M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $27.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 20,000,000 | $18.4M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 250,000 | $9.5M | Add +25.0% |
Total filed on the 13F, all lines: $23.4B.
Portfolio Sells Q2 2025 → Q3 2025
| CRWV Coreweave Inc. Class A | Reduce -96.0% | 0.09% | −2.77 |
| ET Energy Transfer LP | Reduce -17.4% | 2.83% | −0.98 |
| MPLX MPLX LP | Reduce -17.3% | 2.99% | −0.93 |
| DTM DT Midstream Inc. | Reduce -38.9% | 1.06% | −0.72 |
| LOAR Loar Holdings Inc. | Reduce -11.0% | 2.34% | −0.64 |
| APA Apa Corp. | Sold out | 0.00% | −0.37 |
| BMBL Bumble Inc. Class A | Reduce -30.9% | 0.54% | −0.35 |
| HESM Hess Midstream LP Class A | Reduce -27.3% | 0.54% | −0.33 |
| TRP TC Energy Corp. | Reduce -48.1% | 0.39% | −0.32 |
| PAA Plains All Amer Pipeline LP | Reduce -13.9% | 1.00% | −0.31 |
| TLN Talen Energy Corp. | Reduce -45.4% | 0.91% | −0.29 |
| SOBO South Bow Corp. | Reduce -44.5% | 0.26% | −0.19 |
| BA The Boeing Co. | Sold out | 0.00% | −0.19 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.17 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.17 |
| ACHR Archer Aviation Inc. Class A | Sold out | 0.00% | −0.13 |
| CRH CRH PLC | Reduce -46.8% | 0.23% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -66.7% | 0.09% | −0.11 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.10 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.10 |
| TTAN Servicetitan Inc. Class A | Sold out | 0.00% | −0.08 |
| SITM Sitime Corp. | Sold out | 0.00% | −0.08 |
| WES Western Midstream Partners L | Reduce -1.3% | 1.52% | −0.08 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.08 |
| CORZ Core Scientific Inc. | Reduce -41.8% | 0.08% | −0.06 |
| PSFE Paysafe Ltd. | Reduce -3.3% | 0.61% | −0.04 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -74.1% | 0.01% | −0.03 |
| PRMB Primo Brands Corp. | Sold out | 0.00% | −0.03 |
| KGS Kodiak Gas Services Inc. | Sold out | 0.00% | −0.03 |
| COF Capital One Financial Corp. | Reduce -1.7% | 0.29% | −0.02 |
| PAGP Plains GP Holdings LP | Reduce -0.7% | 0.16% | −0.02 |
| LB Landbridge Co. LLC-A | Reduce -20.0% | 0.02% | −0.02 |
| CAI Caris Life Sciences Inc. | Sold out | 0.00% | −0.01 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.01 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.00 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.00 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.00 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.00 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.00 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −0.00 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.00 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.00 |
| ALE Allete Inc. | Sold out | 0.00% | −0.00 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −0.00 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.00 |
| K Kellanova | Sold out | 0.00% | −0.00 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −0.00 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.00 |
| HES Hess Corp. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| EQT Eqt Corp. | Add +409270.7% | 4.25% | +4.25 |
| LGN Legence Corp. Class A | New | 3.82% | +3.82 |
| OKE Oneok Inc. | Add +949.1% | 1.10% | +0.98 |
| LNG Cheniere Energy Inc. | Add +45.8% | 3.46% | +0.87 |
| ENB Enbridge Inc. | Add +9.3% | 3.37% | +0.46 |
| VNOM Viper Energy Inc. Class A | New | 0.33% | +0.33 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4533.9% | 0.26% | +0.25 |
| CX Cemex Sab-Spons ADR Part Cer | New | 0.22% | +0.22 |
| GTLS Chart Industries Inc. | New | 0.21% | +0.21 |
| PINS Pinterest Inc. Class A | New | 0.21% | +0.21 |
| V Visa Inc. Class A | New | 0.18% | +0.18 |
| CYBR Cyberark Software Ltd./Israel | New | 0.17% | +0.17 |
| AMZN Amazon.com Inc. | Add +79.9% | 0.39% | +0.16 |
| LBRDK Liberty Broadband-C | Add +5845.6% | 0.12% | +0.11 |
| VST Vistra Corp. | New | 0.11% | +0.11 |
| QUBT Quantum Computing Inc. | New | 0.11% | +0.11 |
| KLAR Klarna Group PLC | New | 0.09% | +0.09 |
| MP MP Materials Corp. | New | 0.09% | +0.09 |
| IWM iShares Russell 2000 ETF | Add +95.1% | 0.17% | +0.09 |
| VIK Viking Holdings Ltd. | New | 0.07% | +0.07 |
| WBI Waterbridge Infrastruc Class A | New | 0.07% | +0.07 |
| CRCL Circle Internet Group Inc. | New | 0.07% | +0.07 |
| NBIS Nebius Group NV | New | 0.06% | +0.06 |
| BLSH Bullish | New | 0.05% | +0.05 |
| FTV Fortive Corp. | Add +34.5% | 0.31% | +0.05 |
| ASMB Assembly Biosciences Inc. | New | 0.05% | +0.05 |
| RNR Renaissancere Holdings Ltd. | Add +32.3% | 0.18% | +0.04 |
| EA Electronic Arts Inc. | New | 0.04% | +0.04 |
| NTSK Netskope Inc. Class A | New | 0.03% | +0.03 |
| FIG Figma Inc. Class A | New | 0.03% | +0.03 |
| AM Antero Midstream Corp. | Add +18.2% | 0.24% | +0.03 |
| ORKA Oruka Therapeutics Inc. | Add +2.9% | 0.07% | +0.03 |
| WYFI Whitefiber Inc. | New | 0.02% | +0.02 |
| CEPT Cantor Equity Partners Class A | New | 0.02% | +0.02 |
| FIGR Figure Technology Solut Class A | New | 0.02% | +0.02 |
| NIQ Niq Global Intelligence PLC | New | 0.02% | +0.02 |
| BAC Bank of America Corp. | Add +4.3% | 0.21% | +0.02 |
| INDA iShares MSCI India ETF | Add +37.1% | 0.08% | +0.01 |
| MSFT Microsoft Corp. | Add +237.1% | 0.02% | +0.01 |
| META Meta Platforms Inc. Class A | Add +220.2% | 0.02% | +0.01 |
| ARX Accelerant Holdings Class A | New | 0.01% | +0.01 |
| GBTG Global Business Travel Group | New | 0.01% | +0.01 |
| EGO Eldorado Gold Corp. | New | 0.01% | +0.01 |
| WMT Walmart Inc. | New | 0.01% | +0.01 |
| CEPF Cantor Equity Partners Class A | New | 0.01% | +0.01 |
| CIFR Cipher Digital Inc. | New | 0.01% | +0.01 |
| EQX Equinox Gold Corp. | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| MGM MGM Resorts International | New | 0.01% | +0.01 |
| AAPL Apple Inc. | New | 0.01% | +0.01 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +76.9% | 2,300,000 | $1.5B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 4,000,000 | $322.6Mbefore exit |
| CRWV Coreweave Inc. Class A | put | Sold out | 250,000 | $40.8Mbefore exit |
| BULL Webull Corp. | put | Add +10.0% | 1,100,000 | $16.3M |
| VG Venture Global Inc. Class A | call | Sold out | 400,000 | $6.2Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | New | 20,000,000 | $18.4M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +25.0% | 250,000 | $9.5M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 512 | $30.3B | CQP, SPCX, DLR, CRBG, LGN |
| Q1 2026Amended | 414 | $24.4B | CQP, CRBG, FE, LGN, WMB |
| Q4 2025Amended | 239 | $23.0B | CQP, CRBG, FE, LGN, WMB |
| Q3 2025Amended | 244 | $23.4B | CQP, CRBG, FE, WMB, EQT |
| Q2 2025 | 162 | $22.2B | CQP, CRBG, WMB, FE, MPLX |
| Q1 2025 | 167 | $22.8B | CQP, CRBG, WMB, FE, TRGP |
| Q4 2024 | 152 | $21.1B | CQP, CRBG, FE, ET, EXE |
| Q3 2024 | 151 | $22.0B | CQP, ET, CRBG, FE, EXE |
| Q2 2024 | 162 | $22.5B | CQP, ET, CRBG, FE, EXE |
| Q1 2024 | 164 | $23.1B | CQP, ET, CRBG, GTES, EXE |