Blackstone Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Blackstone Inc. reported 414 stock positions worth $24.4 billion. Its top holding was Cheniere Energy Partners (CQP) at 27.1% of the portfolio, followed by Corebridge Financial (CRBG, 6.1%) and Firstenergy (FE, 6.0%). Compared with Q4 2025, it opened 258 new positions, sold out of 83, added to 58 and reduced 51. The biggest buy was TC Energy (TRP, shares +185%) and the biggest sale Eqt (EQT, shares −96%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001393818
Portfolio Value
$24.4B (Q1 2026)
SEC Filing
0001193125-26-226672 ↗ filed May 15, 2026

Holdings Value

0$10.0B$20.0B$30.0B$40.0B Q1 2024: $23.1B Q1 2024 Q2 2024: $22.5B Q2 2024 Q3 2024: $22.0B Q3 2024 Q4 2024: $21.1B Q4 2024 Q1 2025: $22.8B Q1 2025 Q2 2025: $22.2B Q2 2025 Q3 2025: $23.4B Q3 2025 Q4 2025: $23.0B Q4 2025 Q1 2026: $24.4B $24.4B Q1 2026 Q2 2026: $30.3B Q2 2026

Holdings 414 stocks · $24.4B
CQP Cheniere Energy Partners LP 27.09% 102,346,331 $6.6B No change
CRBG Corebridge Financial Inc. 6.05% 61,962,123 $1.5B No change
FE Firstenergy Corp. 5.98% 28,832,099 $1.5B No change
LGN Legence Corp. Class A 5.86% 25,341,365 $1.4B Reduce -1.9%
WMB Williams Cos Inc. 5.09% 17,074,392 $1.2B Reduce -3.3%
MPLX MPLX LP 3.59% 15,350,683 $876.1M Reduce -2.3%
TRGP Targa Resources Corp. 3.43% 3,342,348 $838.0M Reduce -10.9%
EPD Enterprise Products Partners 3.27% 21,103,484 $798.6M Add +9.6%
ENB Enbridge Inc. 3.13% 14,104,409 $763.6M Reduce -5.0%
KMI Kinder Morgan Inc. 2.88% 20,971,186 $703.2M Reduce -1.9%
ET Energy Transfer LP 2.46% 31,120,745 $600.6M Add +20.7%
KNTK Kinetik Holdings Inc. 2.36% 11,918,786 $577.0M Add +0.0%
LNG Cheniere Energy Inc. 2.19% 1,881,252 $533.8M Reduce -51.6%
TXNM TXNM Energy Inc. 1.92% 8,000,000 $467.7M No change
PAA Plains All Amer Pipeline LP 1.71% 18,740,802 $418.5M Add +41.0%
TRP TC Energy Corp. 1.64% 6,415,297 $401.6M Add +184.9%
DTM DT Midstream Inc. 1.48% 2,680,256 $361.0M Add +20.2%
WES Western Midstream Partners L 1.48% 8,755,422 $360.5M Reduce -21.1%
OKE Oneok Inc. 1.26% 3,415,203 $308.7M Reduce -3.1%
HESM Hess Midstream LP Class A 1.24% 7,769,525 $302.0M Add +113.0%
SUNC Sunococorp LLC 0.78% 3,071,910 $189.4M Add +87.9%
BXMT Blackstone Mortgage Tru Class A 0.73% 9,283,323 $177.8M No change
AMZN Amazon.com Inc. 0.61% 715,435 $149.0M Add +40.9%
IWM iShares Russell 2000 ETF 0.58% 568,199 $140.9M Add +239.0%
MSFT Microsoft Corp. 0.49% 320,478 $118.6M Add +48.7%
BMBL Bumble Inc. Class A 0.40% 29,909,999 $97.5M Reduce -20.0%
CX Cemex Sab-Spons ADR Part Cer 0.40% 8,500,000 $97.2M Add +16.2%
CWAN Clearwater Analytics HDS-A 0.39% 4,067,360 $96.2M No change
VNET Vnet Group Inc.-ADR 0.36% 10,402,130 $87.3M No change
AMAT Applied Materials Inc. 0.35% 248,751 $85.0M New
SHO Sunstone Hotel Investors Inc. 0.32% 8,645,000 $77.9M No change
PTEN Patterson-Uti Energy Inc. 0.32% 7,139,404 $77.3M Reduce -74.6%
NVT Nvent Electric PLC 0.31% 645,000 $76.3M Add +5.7%
BXSL Blackstone Secured Lending F 0.31% 3,206,530 $76.0M No change
AVB Avalonbay Communities Inc. 0.31% 465,000 $76.0M New
PSFE Paysafe Ltd. 0.31% 10,961,114 $74.6M No change
WBS Webster Financial Corp. 0.30% 1,072,534 $74.5M Add +86.5%
GTLS Chart Industries Inc. 0.30% 359,362 $74.3M Add +61.6%
INDA iShares MSCI India ETF 0.30% 1,554,466 $72.8M Add +343.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.28% 106,328 $69.1M Add +7.6%
TASK Taskus Inc. Class A 0.28% 10,094,674 $67.7M No change
AM Antero Midstream Corp. 0.26% 2,811,631 $64.1M Add +0.5%
SUN Sunoco LP 0.24% 894,358 $58.1M Reduce -63.3%
AMD Advanced Micro Devices 0.23% 276,147 $56.2M New
EA Electronic Arts Inc. 0.23% 273,411 $55.7M Add +28.7%
NFG National Fuel Gas Co. 0.23% 586,584 $55.1M New
GRAB Grab Holdings Ltd. Class A 0.22% 15,000,000 $54.9M New
COF Capital One Financial Corp. 0.21% 281,697 $51.4M Add +31.6%
CCAP Crescent Capital BDC Inc. 0.21% 4,205,307 $51.1M No change
V Visa Inc. Class A 0.20% 163,858 $49.5M Reduce -17.4%
PAGP Plains GP Holdings LP 0.20% 1,979,161 $48.1M Reduce -2.1%
EQT Eqt Corp. 0.20% 754,589 $48.0M Reduce -95.9%
VRT Vertiv Holdings Co. Class A 0.20% 190,000 $47.6M Add +40.7%
APC Arko Petroleum Corp. 0.19% 2,649,074 $47.4M New
PBA Pembina Pipeline Corp. 0.17% 952,930 $42.7M Reduce -1.2%
TLN Talen Energy Corp. 0.15% 117,539 $37.5M New
AUTL Autolus Therapeutics PLC 0.12% 20,485,611 $28.3M No change
ACHR Archer Aviation Inc. Class A 0.11% 5,052,302 $26.1M Reduce -35.3%
VNOM Viper Energy Inc. Class A 0.10% 500,000 $23.5M Reduce -90.0%
SOBO South Bow Corp. 0.10% 697,176 $23.2M Reduce -1.7%
SRLN SS Blackstone Sr Loan ETF 0.09% 555,591 $22.3M No change
OTLY Oatly Group AB 0.08% 1,988,909 $20.2M No change
META Meta Platforms Inc. Class A 0.08% 34,815 $19.9M Add +44.8%
MASI Masimo Corp. 0.08% 109,383 $19.5M New
BAER Bridger Aerospace Group Hold 0.08% 9,624,610 $19.1M No change
USAC USA Compression Partners LP 0.08% 696,709 $18.9M No change
NVDA Nvidia Corp. 0.07% 97,052 $16.9M Add +88.0%
FPS Forgent Power Solutions Class A 0.07% 575,000 $16.8M New
SYRE Spyre Therapeutics Inc. 0.06% 292,847 $14.8M Reduce -41.5%
DMRA Damora Therapeutics Inc. 0.05% 503,522 $13.0M New
ARRY Array Technologies Inc. 0.05% 1,799,900 $13.0M No change
CLDT Chatham Lodging Trust 0.05% 1,621,000 $12.8M No change
TERN Terns Pharmaceuticals Inc. 0.05% 231,282 $12.2M Reduce -51.5%
MA Mastercard Inc. Class A 0.05% 24,280 $12.1M Add +121.8%
TARA Protara Therapeutic Inc. 0.05% 2,265,514 $11.8M Add +18.6%
ALXO Alx Oncology Holdings Inc. 0.05% 5,826,544 $11.7M New
XFOR X4 Pharmaceuticals Inc. 0.05% 2,681,922 $11.1M No change
GEL Genesis Energy L.P. 0.04% 575,735 $10.3M No change
KBONU Karbon Capital Partners Corp. 0.04% 1,000,000 $10.2M No change
GLP Global Partners LP 0.04% 240,717 $10.1M No change
BSX Boston Scientific Corp. 0.04% 160,617 $10.1M Add +623.5%
IKT Inhibikase Therapeutics Inc. 0.04% 5,938,276 $10.0M No change
CMPX Compass Therapeutics Inc. 0.04% 1,857,848 $9.8M Reduce -69.7%
GOOGL Alphabet Inc. Class A 0.04% 34,078 $9.8M Add +37.0%
DFTX Definium Therapeutics Inc. 0.04% 508,668 $9.6M Reduce -75.3%
SPH Suburban Propane Partners LP 0.04% 440,936 $8.7M No change
UNP Union Pacific Corp. 0.04% 35,256 $8.6M Reduce -1.3%
FSCO FS Credit Opportunities Corp. 0.03% 1,662,945 $8.5M No change
ASMB Assembly Biosciences Inc. 0.03% 296,855 $8.2M Reduce -6.9%
ECHO Echostar Corp. Class A 0.03% 66,927 $7.8M Add +355.2%
LITE Lumentum Holdings Inc. 0.03% 11,138 $7.8M Add +225.9%
GM General Motors Co. 0.03% 103,179 $7.7M Add +65.7%
PGR Progressive Corp. 0.03% 37,784 $7.5M New
BLSH Bullish 0.03% 200,000 $7.1M No change
SPGI S&P Global Inc. 0.03% 16,691 $7.1M Add +136.3%
KLAR Klarna Group PLC 0.03% 525,844 $6.9M No change
DKL Delek Logistics Partners LP 0.03% 138,325 $6.9M No change
TDG Transdigm Group Inc. 0.03% 5,915 $6.9M Add +84.9%
JLL Jones Lang Lasalle Inc. 0.03% 22,329 $6.8M New
OXLC Oxford Lane Capital Corp. 0.03% 675,000 $6.6M New
BTI British American Tob-SP ADR 0.03% 106,888 $6.2M Add +38.3%
FOXA Fox Corp. Class A 0.02% 103,462 $6.0M Add +135.5%
GE General Electric filed as GE AEROSPACE 0.02% 20,714 $5.9M Reduce -1.8%
MCO Moody's Corp. 0.02% 13,305 $5.8M New
FSLR First Solar Inc. 0.02% 28,556 $5.6M Add +55.5%
ABT Abbott Laboratories 0.02% 53,915 $5.5M Add +135.9%
FIS Fidelity National Info Serv 0.02% 116,772 $5.5M New
BP BP PLC-Spons ADR 0.02% 113,595 $5.3M Reduce -6.8%
TGT Target Corp. 0.02% 43,569 $5.3M New
KMB Kimberly-Clark Corp. 0.02% 54,718 $5.3M New
WDC Western Digital Corp. 0.02% 19,352 $5.2M Reduce -6.1%
LXEO Lexeo Therapeutics Inc. 0.02% 904,959 $5.2M No change
SHOP Shopify Inc. Class A 0.02% 43,524 $5.2M New
APLE Apple Hospitality REIT Inc. 0.02% 446,900 $5.1M No change
CON Concentra Group Holdings Par 0.02% 235,222 $5.0M New
TSM Taiwan Semiconductor-SP ADR 0.02% 14,885 $5.0M Add +8.8%
APLD Applied Digital Corp. 0.02% 211,110 $5.0M Add +113.9%
C Citigroup Inc. 0.02% 43,856 $5.0M New
VIK Viking Holdings Ltd. 0.02% 66,274 $4.9M Reduce -75.9%
PATH Uipath Inc. Class A 0.02% 433,847 $4.8M New
LBRDK Liberty Broadband-C 0.02% 94,625 $4.8M Reduce -74.8%
GTLB Gitlab Inc. Class A 0.02% 218,594 $4.7M Add +99.3%
GSK GSK PLC-Spon ADR 0.02% 85,001 $4.7M New
ROP Roper Technologies Inc. 0.02% 13,133 $4.6M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 95,018 $4.6M Reduce -91.8%
MU Micron Technology Inc. 0.02% 13,503 $4.6M New
NUE Nucor Corp. 0.02% 26,883 $4.5M New
MTRN Materion Corp. 0.02% 31,044 $4.5M New
MYRG MYR Group Inc./Delaware 0.02% 15,865 $4.5M New
BRK.B Berkshire Hathaway Inc. Class B 0.02% 9,312 $4.5M Add +612.5%
BE Bloom Energy Corp. Class A 0.02% 32,582 $4.4M New
CORZ Core Scientific Inc. 0.02% 292,663 $4.4M Reduce -41.5%
WCC Wesco International Inc. 0.02% 15,976 $4.4M New
CGON CG Oncology Inc. 0.02% 64,128 $4.3M New
NPO Enpro Inc. 0.02% 17,310 $4.3M New
SE Sea Ltd.-ADR 0.02% 52,301 $4.3M Add +183.6%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.02% 3,201 $4.2M Add +209.3%
AXSM Axsome Therapeutics Inc. 0.02% 24,500 $4.1M No change
AS Amer Sports Inc. 0.02% 123,511 $4.1M New
SBAC SBA Communications Corp. 0.02% 23,373 $4.0M New
SYY Sysco Corp. 0.02% 53,959 $3.8M New
CNP Centerpoint Energy Inc. 0.02% 87,843 $3.8M New
CYRX Cryoport Inc. 0.02% 453,396 $3.8M No change
CLS Celestica Inc. 0.02% 13,239 $3.7M New
MCD McDonald's Corp. 0.02% 11,972 $3.7M Add +57.6%
CCI Crown Castle Inc. 0.02% 45,700 $3.7M New
WCN Waste Connections Inc. 0.02% 22,676 $3.7M New
WWD Woodward Inc. 0.01% 9,964 $3.6M New
FCX Freeport-McMoran Inc. 0.01% 60,044 $3.5M New
LEN Lennar Corp. Class A 0.01% 40,324 $3.5M New
RBA RB Global Inc. 0.01% 36,102 $3.5M New
QUBT Quantum Computing Inc. 0.01% 500,000 $3.4M No change
BKH Black Hills Corp. 0.01% 48,233 $3.3M New
YSS York Space Systems Inc. 0.01% 150,000 $3.3M New
SABS Sab Biotherapeutics Inc. 0.01% 860,170 $3.3M Reduce -59.9%
WMT Walmart Inc. 0.01% 26,249 $3.3M Reduce -58.1%
CELH Celsius Holdings Inc. 0.01% 91,512 $3.2M New
HPP Hudson Pacific Properties Inc. 0.01% 542,442 $3.2M No change
MGM MGM Resorts International 0.01% 86,411 $3.2M New
VG Venture Global Inc. Class A 0.01% 200,000 $3.2M New
TWLO Twilio Inc. Class A 0.01% 24,957 $3.1M New
EXPE Expedia Group Inc. 0.01% 13,525 $3.1M New
AVGO Broadcom Inc. 0.01% 9,904 $3.1M Add +60.2%
ICE Intercontinental Exchange Inc. 0.01% 19,447 $3.1M New
EQPT Equipmentshare.com Inc. Class A 0.01% 150,000 $3.1M New
DNTH Dianthus Therapeutics Inc. 0.01% 35,045 $2.9M New
ALNY Alnylam Pharmaceuticals Inc. 0.01% 8,775 $2.9M New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 13,368 $2.9M New
CBRE CBRE Group Inc. Class A 0.01% 21,159 $2.9M New
LOPE Grand Canyon Education Inc. 0.01% 16,721 $2.8M New
ECC Eagle Point Credit Co. 0.01% 750,000 $2.8M New
CIEN Ciena Corp. 0.01% 7,259 $2.8M New
IDCC Interdigital Inc. 0.01% 9,319 $2.8M New
ILMN Illumina Inc. 0.01% 22,782 $2.8M New
NE Noble Corp. PLC 0.01% 57,114 $2.8M New
COHR Coherent Corp. 0.01% 11,629 $2.8M New
CALX Calix Inc. 0.01% 56,408 $2.8M New
ETR Entergy Corp. 0.01% 24,528 $2.8M Reduce -29.8%
CAPL Crossamerica Partners LP 0.01% 131,598 $2.7M No change
MMLP Martin Midstream Partners LP 0.01% 975,081 $2.7M No change
FLY Firefly Aerospace Inc. 0.01% 94,342 $2.7M New
MCK McKesson Corp. 0.01% 3,080 $2.7M Add +3.8%
IMVT Immunovant Inc. 0.01% 107,297 $2.7M Add +34.7%
AAPL Apple Inc. 0.01% 10,169 $2.6M Reduce -62.2%
ROIV Roivant Sciences Ltd. 0.01% 92,372 $2.6M Reduce -58.6%
CEPF Cantor Equity Partners Class A 0.01% 250,000 $2.5M No change
UBER Uber Technologies Inc. 0.01% 35,352 $2.5M Reduce -29.1%
CEPV Cantor Equity Partners Class A 0.01% 250,000 $2.5M No change
DAVE Dave Inc. 0.01% 14,441 $2.5M Add +200.2%
AMT American Tower Corp. 0.01% 14,458 $2.5M New
FOLD Amicus Therapeutics Inc. 0.01% 170,209 $2.5M Reduce -93.4%
VSEC Vse Corp. 0.01% 12,258 $2.3M New
CCJ Cameco Corp. 0.01% 20,736 $2.3M New
VTR Ventas Inc. 0.01% 26,531 $2.2M New
SGU Star Group LP 0.01% 173,629 $2.1M No change
SGHC Super Group SGHC Ltd. 0.01% 188,286 $2.0M Reduce -9.6%
FICO Fair Isaac Corp. 0.01% 1,903 $2.0M New
UAL United Airlines Holdings Inc. 0.01% 21,762 $2.0M New
SCCO Southern Copper Corp. 0.01% 11,580 $2.0M New
AHR American Healthcare REIT Inc. 0.01% 40,869 $1.9M New
APH Amphenol Corp. Class A 0.01% 14,146 $1.8M New
EIKN Eikon Therapeutics Inc. 0.01% 168,338 $1.8M New
JHG Janus Henderson Group PLC 0.01% 34,270 $1.8M Add +7.0%
FITB Fifth Third Bancorp 0.01% 37,281 $1.7M New
BLTE Belite Bio Inc. - ADR 0.01% 10,692 $1.7M New
BULL Webull Corp. 0.01% 352,835 $1.7M New
AES AES Corp. 0.01% 119,746 $1.7M New
PEN Penumbra Inc. 0.01% 5,116 $1.7M New
CVE Cenovus Energy Inc. 0.01% 63,280 $1.7M New
SLAB Silicon Laboratories Inc. 0.01% 8,012 $1.7M New
MPC Marathon Petroleum Corp. 0.01% 6,781 $1.7M New
NEM Newmont Corp. 0.01% 15,179 $1.6M New
NSC Norfolk Southern Corp. 0.01% 5,597 $1.6M Add +7.0%
NATL NCR Atleos Corp. 0.01% 35,263 $1.5M New
DBRG Digitalbridge Group Inc. 0.01% 99,389 $1.5M Add +7.0%
WBD Warner Bros Discovery Inc. 0.01% 54,857 $1.5M No change
KGS Kodiak Gas Services Inc. 0.01% 25,357 $1.5M New
DJT Trump Media & Technology Gro 0.01% 159,336 $1.5M New
NRG NRG Energy Inc. 0.01% 10,108 $1.5M New
GILD Gilead Sciences Inc. 0.01% 10,577 $1.5M New
VRNS Varonis Systems Inc. 0.01% 63,442 $1.4M New
QXO Qxo Inc. 0.01% 68,864 $1.3M New
UNF Unifirst Corp. 0.01% 5,244 $1.3M New
PANW Palo Alto Networks Inc. 0.01% 8,201 $1.3M New
MDB Mongodb Inc. 0.01% 5,055 $1.2M New
CSGS CSG Systems Intl Inc. 0.01% 15,375 $1.2M Add +7.0%
KD Kyndryl Holdings Inc. 0.01% 93,245 $1.2M New
DDS Dillards Inc. Class A 0.00% 2,095 $1.2M New
DOCS Doximity Inc. Class A 0.00% 50,872 $1.2M New
NBIS Nebius Group NV 0.00% 11,259 $1.2M New
VKTX Viking Therapeutics Inc. 0.00% 35,726 $1.2M New
TDS Telephone and Data Systems 0.00% 26,660 $1.1M New
SEM Select Medical Holdings Corp. 0.00% 65,825 $1.1M New
BRZE Braze Inc. Class A 0.00% 44,837 $1.1M New
SNDK Sandisk Corp. 0.00% 1,648 $1.0M New
DYN Dyne Therapeutics Inc. 0.00% 57,107 $1.0M New
GOOG Alphabet Inc. Class C 0.00% 3,542 $1.0M No change
SEMR Semrush Holdings Inc. Class A 0.00% 84,850 $1.0M Add +7.0%
STOK Stoke Therapeutics Inc. 0.00% 30,579 $996K New
CPRI Capri Holdings Ltd. 0.00% 55,953 $986K New
GBTG Global Business Travel Group 0.00% 176,516 $985K Reduce -50.0%
BELFB Bel Fuse Inc. Class B 0.00% 4,916 $973K New
LQDA Liquidia Corp. 0.00% 25,236 $952K New
CIFR Cipher Digital Inc. 0.00% 72,950 $939K New
PM Philip Morris International 0.00% 5,655 $935K Reduce -0.3%
RUN Sunrun Inc. 0.00% 68,210 $925K New
WTTR Select Water Solutions Inc. 0.00% 60,000 $918K New
CRK Comstock Resources Inc. 0.00% 43,412 $915K New
DAWN Day One Biopharmaceuticals I 0.00% 41,567 $891K New
RBLX Roblox Corp. Class A 0.00% 15,076 $853K New
EXEL Exelixis Inc. 0.00% 18,901 $811K New
HUBS HubSpot Inc. 0.00% 3,319 $810K New
ARWR Arrowhead Pharmaceuticals Inc. 0.00% 12,796 $802K New
RGTI Rigetti Computing Inc. 0.00% 56,941 $799K New
ACMR Acm Research Inc. Class A 0.00% 20,241 $796K New
MIR Mirion Technologies Inc. 0.00% 42,414 $788K New
FLNC Fluence Energy Inc. 0.00% 56,180 $773K New
GPGI Gpgi Inc. 0.00% 45,064 $771K New
NFLX Netflix Inc. 0.00% 8,000 $769K Reduce -87.4%
SKYT Skywater Technology Inc. 0.00% 27,463 $753K New
MAZE Maze Therapeutics Inc. 0.00% 24,990 $746K New
HOOD Robinhood Markets Inc. Class A 0.00% 10,739 $744K New
DLTR Dollar Tree Inc. 0.00% 6,769 $741K New
PII Polaris Inc. 0.00% 13,556 $739K New
PTCT PTC Therapeutics Inc. 0.00% 10,367 $706K New
BRKR Bruker Corp. 0.00% 18,940 $684K New
CALY Callaway Golf Company 0.00% 48,630 $675K New
JPM JPMorgan Chase & Co. 0.00% 2,289 $673K Reduce -84.4%
PRA Proassurance Corp. 0.00% 26,957 $666K Add +7.0%
CNC Centene Corp. 0.00% 19,805 $648K New
RIVN Rivian Automotive Inc. Class A 0.00% 42,965 $647K New
MRNA Moderna Inc. 0.00% 12,613 $641K No change
TE T1 Energy Inc. 0.00% 145,651 $639K New
TTMI TTM Technologies 0.00% 6,492 $632K Reduce -54.3%
RBRK Rubrik Inc. Class A 0.00% 12,626 $618K New
FSSL FS Specialty Lending Fund 0.00% 49,243 $616K Add +2.2%
CRVL Corvel Corp. 0.00% 11,219 $613K New
TWO Two Harbors Investment Corp. 0.00% 53,677 $613K New
BIO Bio-Rad Laboratories-A 0.00% 2,162 $603K New
SRE Sempra 0.00% 6,200 $602K No change
LRCX Lam Research Corp. 0.00% 2,756 $589K New
KRYS Krystal Biotech Inc. 0.00% 2,246 $580K New
PINS Pinterest Inc. Class A 0.00% 31,479 $577K New
AMR Alpha Metallurgical Resource 0.00% 2,750 $564K New
KYMR Kymera Therapeutics Inc. 0.00% 6,660 $555K New
ALB Albemarle Corp. 0.00% 3,061 $550K New
FDS Factset Research Systems Inc. 0.00% 2,491 $541K New
IT Gartner Inc. 0.00% 3,401 $539K New
MLM Martin Marietta Materials 0.00% 884 $520K No change
BFAM Bright Horizons Family Solut 0.00% 6,246 $513K New
APLS Apellis Pharmaceuticals Inc. 0.00% 12,712 $511K New
ALAB Astera Labs Inc. 0.00% 4,639 $508K New
EAT Brinker International Inc. 0.00% 3,537 $505K New
ALHC Alignment Healthcare Inc. 0.00% 28,610 $504K New
CTRI Centuri Holdings Inc. 0.00% 16,920 $494K New
VSXY Victoria's Secret & Co. 0.00% 10,520 $488K New
URBN Urban Outfitters Inc. 0.00% 7,640 $484K New
CVLT Commvault Systems Inc. 0.00% 6,211 $484K New
CSTM Constellium SE 0.00% 19,351 $476K New
CARG Cargurus Inc. 0.00% 13,594 $463K New
FG F&G Annuities & Life Inc. 0.00% 18,174 $460K New
BKV BKV Corporation 0.00% 15,981 $456K Add +33.4%
NEXT Nextdecade Corp. 0.00% 59,418 $455K No change
MIAX Miami International Holdings 0.00% 11,508 $448K Reduce -84.7%
ANF Abercrombie & Fitch Co. Class A 0.00% 4,826 $441K New
CCC CCC Intelligent Solutions Ho 0.00% 73,390 $440K New
WDAY Workday Inc. Class A 0.00% 3,345 $435K New
MOH Molina Healthcare Inc. 0.00% 3,248 $433K New
LEU Centrus Energy Corp. Class A 0.00% 2,489 $432K New
LCID Lucid Group Inc. 0.00% 45,223 $431K New
WT Wisdomtree Inc. 0.00% 28,826 $420K New
WK Workiva Inc. 0.00% 6,931 $413K New
NEE Nextera Energy Inc. 0.00% 4,391 $408K Reduce -87.3%
PLNT Planet Fitness Inc. Class A 0.00% 5,473 $407K Reduce -77.5%
FOX Fox Corp. Class B 0.00% 7,466 $396K New
UCTT Ultra Clean Holdings Inc. 0.00% 6,315 $393K New
BLKB Blackbaud Inc. 0.00% 9,830 $380K New
MP MP Materials Corp. 0.00% 7,838 $378K New
PI Impinj Inc. 0.00% 3,649 $375K New
GDDY GoDaddy Inc. Class A 0.00% 4,517 $373K New
PACS Pacs Group Inc. 0.00% 11,534 $370K New
QRVO Qorvo Inc. 0.00% 4,664 $361K New
HAE Haemonetics Corp. 0.00% 6,400 $361K New
BRSL Brightstar Lottery PLC 0.00% 28,049 $357K New
PLTR Palantir Technologies Inc. Class A 0.00% 2,440 $357K New
KRMN Karman Holdings Inc. 0.00% 4,432 $355K New
AAL American Airlines Group Inc. 0.00% 32,613 $350K New
FISV Fiserv Inc. 0.00% 6,168 $344K New
RVMD Revolution Medicines Inc. 0.00% 3,539 $344K New
P Everpure Inc. Class A 0.00% 5,765 $340K New
ZETA Zeta Global Holdings Corp. Class A 0.00% 21,200 $338K New
DUOL Duolingo 0.00% 3,392 $334K New
MEDP Medpace Holdings Inc. 0.00% 689 $331K New
AR Antero Resources Corp. 0.00% 7,668 $325K New
NTRA Natera Inc. 0.00% 1,617 $323K New
LVS Las Vegas Sands Corp. 0.00% 5,994 $323K New
UEC Uranium Energy Corp. 0.00% 23,723 $320K New
GWRE Guidewire Software Inc. 0.00% 2,137 $320K New
FIGS Figs Inc. Class A 0.00% 21,114 $312K New
SPSC SPS Commerce Inc. 0.00% 5,593 $311K New
SYF Synchrony Financial 0.00% 4,574 $311K Reduce -87.1%
LULU Lululemon Athletica Inc. 0.00% 2,030 $311K New
HUM Humana Inc. 0.00% 1,773 $307K New
SNEX Stonex Group Inc. 0.00% 3,778 $305K New
AEO American Eagle Outfitters 0.00% 17,976 $300K New
VRSK Verisk Analytics Inc. 0.00% 1,581 $300K New
MORN Morningstar Inc. 0.00% 1,766 $299K New
ACAD Acadia Pharmaceuticals Inc. 0.00% 13,293 $296K New
HURN Huron Consulting Group Inc. 0.00% 2,311 $295K New
SEIC Sei Investments Company 0.00% 3,753 $294K New
AXON Axon Enterprise Inc. 0.00% 693 $294K New
LAUR Laureate Education Inc. 0.00% 8,395 $292K New
QS Quantumscape Corp. 0.00% 45,330 $289K New
RMBS Rambus Inc. 0.00% 3,314 $285K New
CEG Constellation Energy 0.00% 1,020 $285K New
CSW CSW Industrials Inc. 0.00% 1,087 $283K New
ENVA Enova International Inc. 0.00% 2,079 $282K Reduce -86.7%
JEF Jefferies Financial Group Inc. 0.00% 6,833 $282K New
LGND Ligand Pharmaceuticals 0.00% 1,412 $282K New
LUNR Intuitive Machines Inc. 0.00% 15,032 $279K New
NCLH Norwegian Cruise Line Holdin 0.00% 14,900 $279K New
MRCY Mercury Systems Inc. 0.00% 3,799 $277K New
ARM Arm Holdings PLC-ADR 0.00% 1,787 $270K Reduce -89.3%
TYL Tyler Technologies Inc. 0.00% 787 $269K New
AMKR Amkor Technology Inc. 0.00% 5,910 $266K New
SAIC Science Applications Inte 0.00% 2,791 $265K New
PK Park Hotels & Resorts Inc. 0.00% 25,089 $264K New
PCVX Vaxcyte Inc. 0.00% 4,544 $264K New
CNR Core Natural Resources Inc. 0.00% 2,521 $264K New
NVR NVR Inc. 0.00% 40 $264K New
SDRL Seadrill Limited 0.00% 5,755 $262K New
ORA Ormat Technologies Inc. 0.00% 2,293 $257K New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 11,227 $255K New
QCOM Qualcomm Inc. 0.00% 1,962 $253K New
MNDY Monday.com Ltd. 0.00% 3,652 $252K New
WULF Terawulf Inc. 0.00% 17,105 $247K New
AIR Aar Corp. 0.00% 2,236 $245K New
ADBE Adobe Inc. 0.00% 1,003 $244K New
EXLS Exlservice Holdings Inc. 0.00% 7,888 $240K New
BEPC Brookfield Renewable Corp. 0.00% 5,971 $238K New
TALO Talos Energy Inc. 0.00% 14,876 $234K New
FTDR Frontdoor Inc. 0.00% 4,423 $234K New
ADMA Adma Biologics Inc. 0.00% 25,588 $231K New
RYTM Rhythm Pharmaceuticals Inc. 0.00% 2,600 $226K New
BTU Peabody Energy Corp. 0.00% 6,815 $225K New
BMI Badger Meter Inc. 0.00% 1,468 $224K New
CYTK Cytokinetics Inc. 0.00% 3,374 $222K New
BBWI Bath & Body Works Inc. 0.00% 11,856 $221K New
GVA Granite Construction Inc. 0.00% 1,832 $220K New
FFIV F5 Inc. 0.00% 755 $218K New
KTOS Kratos Defense & Security 0.00% 3,097 $218K New
RL Ralph Lauren Corp. 0.00% 630 $217K New
PFSI Pennymac Financial Services 0.00% 2,447 $214K New
PVH PVH Corp. 0.00% 3,004 $210K New
HUT Hut 8 Corp. 0.00% 4,439 $208K New
HCC Warrior Met Coal Inc. 0.00% 2,218 $207K New
MMS Maximus Inc. 0.00% 3,217 $206K New
VRRM Verra Mobility Corp. 0.00% 14,356 $205K New
RYAN Ryan Specialty Holdings Inc. 0.00% 6,018 $203K New
EBAY eBay Inc. 0.00% 2,211 $201K New
NMRK Newmark Group Inc. Class A 0.00% 12,105 $181K New
SHLS Shoals Technologies Group -A 0.00% 27,500 $181K New
NG Novagold Resources Inc. 0.00% 18,527 $166K Add +8.7%
ALEC Alector Inc. 0.00% 77,145 $166K Add +15.4%
EOSE Eos Energy Enterprises Inc. 0.00% 32,605 $162K New
HE Hawaiian Electric Inds 0.00% 10,565 $157K New
XIFR XPLR Infrastructure LP 0.00% 14,750 $157K Add +5.4%
HUN Huntsman Corp. 0.00% 11,518 $153K New
LBTYA Liberty Global Ltd. Class A 0.00% 10,727 $130K New
GNL Global Net Lease Inc. 0.00% 13,455 $126K New
CLF Cleveland-Cliffs Inc. 0.00% 12,849 $109K New
MPT Medical Properties Trust Inc. 0.00% 22,053 $102K New
JOBY Joby Aviation Inc. 0.00% 10,580 $87K New
PLRX Pliant Therapeutics Inc. 0.00% 22,206 $28K No change

Options reported separately and not counted above: SPY puts ($1.2B), QQQ calls ($213.0M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $17.7M (not counted above)
SecurityClassShares / PrincipalValueChange
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal 20,000,000$17.7MNew

Total filed on the 13F, all lines: $24.4B.

Portfolio Sells Q4 2025 → Q1 2026
EQT Eqt Corp. Reduce -95.9% 0.20% −4.10
LNG Cheniere Energy Inc. Reduce -51.6% 2.19% −1.10
LOAR Loar Holdings Inc. Sold out 0.00% −1.05
VNOM Viper Energy Inc. Class A Reduce -90.0% 0.10% −0.74
WES Western Midstream Partners L Reduce -21.1% 1.48% −0.43
PTEN Patterson-Uti Energy Inc. Reduce -74.6% 0.32% −0.43
MTZ Mastec Inc. Sold out 0.00% −0.34
SUN Sunoco LP Reduce -63.3% 0.24% −0.32
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.31
FTV Fortive Corp. Sold out 0.00% −0.28
BAC Bank of America Corp. Reduce -91.8% 0.02% −0.26
GDX Vaneck Gold Miners ETF Sold out 0.00% −0.21
BMBL Bumble Inc. Class A Reduce -20.0% 0.40% −0.18
FOA Finance of America Cos Inc. Class A Sold out 0.00% −0.17
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.17
ORKA Oruka Therapeutics Inc. Sold out 0.00% −0.15
FOLD Amicus Therapeutics Inc. Reduce -93.4% 0.01% −0.15
ACHR Archer Aviation Inc. Class A Reduce -35.3% 0.11% −0.15
CMA Comerica Inc. Sold out 0.00% −0.15
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.14
KRE SS SPDR S&P Regional Bank Sold out 0.00% −0.12
EXAS Exact Sciences Corp. Sold out 0.00% −0.11
ITT Itt Inc. Sold out 0.00% −0.11
CMPX Compass Therapeutics Inc. Reduce -69.7% 0.04% −0.10
CRS Carpenter Technology Sold out 0.00% −0.10
V Visa Inc. Class A Reduce -17.4% 0.20% −0.10
DFTX Definium Therapeutics Inc. Reduce -75.3% 0.04% −0.08
VIK Viking Holdings Ltd. Reduce -75.9% 0.02% −0.07
ELVN Enliven Therapeutics Inc. Sold out 0.00% −0.06
CFLT Confluent Inc. Class A Sold out 0.00% −0.06
LBRDK Liberty Broadband-C Reduce -74.8% 0.02% −0.06
CRH CRH PLC Sold out 0.00% −0.06
MPLX MPLX LP Reduce -2.3% 3.59% −0.06
TERN Terns Pharmaceuticals Inc. Reduce -51.5% 0.05% −0.03
LMRI Lumexa Imaging Holdings Inc. Sold out 0.00% −0.02
NFLX Netflix Inc. Reduce -87.4% 0.00% −0.02
SABS Sab Biotherapeutics Inc. Reduce -59.9% 0.01% −0.02
AAPL Apple Inc. Reduce -62.2% 0.01% −0.02
MNSO Miniso Group Holding Ltd.-ADR Sold out 0.00% −0.02
CVS CVS Health Corp. Sold out 0.00% −0.02
SHEL Shell PLC-ADR Sold out 0.00% −0.02
TEVA Teva Pharmaceutical-SP ADR Sold out 0.00% −0.02
LINE Lineage Inc. Sold out 0.00% −0.02
JPM JPMorgan Chase & Co. Reduce -84.4% 0.00% −0.02
MRP Millrose Properties Sold out 0.00% −0.02
CPNG Coupang Inc. Sold out 0.00% −0.02
APGE Apogee Therapeutics Inc. Sold out 0.00% −0.02
SNPS Synopsys Inc. Sold out 0.00% −0.02
WMT Walmart Inc. Reduce -58.1% 0.01% −0.02
PCG P G & E Corp. Sold out 0.00% −0.02

Portfolio Buys Q4 2025 → Q1 2026
TRP TC Energy Corp. Add +184.9% 1.64% +1.11
HESM Hess Midstream LP Class A Add +113.0% 1.24% +0.69
PAA Plains All Amer Pipeline LP Add +41.0% 1.71% +0.67
ET Energy Transfer LP Add +20.7% 2.46% +0.61
EPD Enterprise Products Partners Add +9.6% 3.27% +0.58
KNTK Kinetik Holdings Inc. Add +0.0% 2.36% +0.49
SUNC Sunococorp LLC Add +87.9% 0.78% +0.42
IWM iShares Russell 2000 ETF Add +239.0% 0.58% +0.40
AMAT Applied Materials Inc. New 0.35% +0.35
DTM DT Midstream Inc. Add +20.2% 1.48% +0.32
AVB Avalonbay Communities Inc. New 0.31% +0.31
AMD Advanced Micro Devices New 0.23% +0.23
NFG National Fuel Gas Co. New 0.23% +0.23
GRAB Grab Holdings Ltd. Class A New 0.22% +0.22
INDA iShares MSCI India ETF Add +343.0% 0.30% +0.22
APC Arko Petroleum Corp. New 0.19% +0.19
TLN Talen Energy Corp. New 0.15% +0.15
WBS Webster Financial Corp. Add +86.5% 0.30% +0.15
GTLS Chart Industries Inc. Add +61.6% 0.30% +0.10
AMZN Amazon.com Inc. Add +40.9% 0.61% +0.10
VRT Vertiv Holdings Co. Class A Add +40.7% 0.20% +0.10
MASI Masimo Corp. New 0.08% +0.08
FPS Forgent Power Solutions Class A New 0.07% +0.07
DMRA Damora Therapeutics Inc. New 0.05% +0.05
ALXO Alx Oncology Holdings Inc. New 0.05% +0.05
AM Antero Midstream Corp. Add +0.5% 0.26% +0.05
NVT Nvent Electric PLC Add +5.7% 0.31% +0.04
EA Electronic Arts Inc. Add +28.7% 0.23% +0.04
CX Cemex Sab-Spons ADR Part Cer Add +16.2% 0.40% +0.03
MSFT Microsoft Corp. Add +48.7% 0.49% +0.03
BSX Boston Scientific Corp. Add +623.5% 0.04% +0.03
PGR Progressive Corp. New 0.03% +0.03
JLL Jones Lang Lasalle Inc. New 0.03% +0.03
NVDA Nvidia Corp. Add +88.0% 0.07% +0.03
OXLC Oxford Lane Capital Corp. New 0.03% +0.03
LITE Lumentum Holdings Inc. Add +225.9% 0.03% +0.03
ECHO Echostar Corp. Class A Add +355.2% 0.03% +0.03
MCO Moody's Corp. New 0.02% +0.02
MA Mastercard Inc. Class A Add +121.8% 0.05% +0.02
FIS Fidelity National Info Serv New 0.02% +0.02
KMB Kimberly-Clark Corp. New 0.02% +0.02
TGT Target Corp. New 0.02% +0.02
SHOP Shopify Inc. Class A New 0.02% +0.02
CON Concentra Group Holdings Par New 0.02% +0.02
C Citigroup Inc. New 0.02% +0.02
PATH Uipath Inc. Class A New 0.02% +0.02
GSK GSK PLC-Spon ADR New 0.02% +0.02
ROP Roper Technologies Inc. New 0.02% +0.02
MU Micron Technology Inc. New 0.02% +0.02
NUE Nucor Corp. New 0.02% +0.02

Options Activity Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US put Reduce -29.0% 1,810,000 $1.2B
IWM iShares Russell 2000 ETF call Sold out 1,800,000 $443.1Mbefore exit
QQQ Invesco QQQ Trust Series 1 call Reduce -26.2% 369,000 $213.0M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026
RIOT PLATFORMS INC (RIOT 0.75 01/15/30) NOTE 0.750% 1/1 · principal Sold out 16,000,000 $18.1Mbefore exit
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal New 20,000,000 $17.7M
MARA HOLDINGS INC (MARA 0 03/01/30) NOTE 3/0 · principal Sold out 20,000,000 $15.8Mbefore exit
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal Sold out 11,000,000 $11.0Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 512$30.3BCQP, SPCX, DLR, CRBG, LGN
Q1 2026Amended 414$24.4BCQP, CRBG, FE, LGN, WMB
Q4 2025Amended 239$23.0BCQP, CRBG, FE, LGN, WMB
Q3 2025Amended 244$23.4BCQP, CRBG, FE, WMB, EQT
Q2 2025 162$22.2BCQP, CRBG, WMB, FE, MPLX
Q1 2025 167$22.8BCQP, CRBG, WMB, FE, TRGP
Q4 2024 152$21.1BCQP, CRBG, FE, ET, EXE
Q3 2024 151$22.0BCQP, ET, CRBG, FE, EXE
Q2 2024 162$22.5BCQP, ET, CRBG, FE, EXE
Q1 2024 164$23.1BCQP, ET, CRBG, GTES, EXE