Blackstone

Stephen Schwarzman

Period

Q2 2026

Portfolio Date

Jun 30, 2026

Stocks Held

511

Market Value

$30.5B

Holdings Value Trend

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Top 5 Holdings

$CQP

Cheniere Energy Partners, L.P.

18.9%

% of Portfolio

$SPCX

Space Exploration Technologies Corp.

8.1%

% of Portfolio

$DLR

Digital Realty Trust, Inc.

6.7%

% of Portfolio

$CRBG

Corebridge Financial, Inc.

5.4%

% of Portfolio

$LGN

Legence Corp.

5.0%

% of Portfolio

Decreased 23.15%

Historical Positions

Symbol	Q2 2026	Q1 2026	Q4 2025	Q3 2025
CQP	18.9%	25.8%	21.6%	22.2%
SPCX	8.1%	-	-	-
DLR	6.7%	-	-	-
CRBG	5.4%	5.8%	7.4%	8.0%
LGN	5.0%	5.6%	4.4%	3.6%
FE	4.2%	5.7%	5.1%	5.3%
WMB	3.9%	4.8%	4.2%	5.0%
ETF-SPY	3.9%	-	-	-
TRGP	2.9%	3.3%	2.7%	-
EPD	2.6%	3.1%	-	-

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

CQP+7.84%

CRBG+21.73%

DLR+0.83%

ET+10.41%

MSFT+31.44%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

SPCX-11.69%

LGN-36.83%

ENB-10.79%

WMB-4.63%

DTM-14.82%

Sector Analysis

Energy53.5%

Others11.5%

Utilities6.5%

Financials7.4%

Healthcare0.9%

Technology2.9%

Industrials6.5%

Real Estate9.4%

Trading Summary

$SPCX

8.1%

$DLR

6.7%

$CRWV

0.2%

$CBRS

0.1%

$ETF-XHB

0.1%

$ARTV

0.1%

$BTDR

0.1%

$ORKA

0.1%

$MAIR

0.1%

$FRVO

0.0%

$QNT

0.0%

$VMET

0.0%

$ELVN

0.0%

$JBIO

0.0%

$LOAR

0.0%

$NOVT

0.0%

All Holdings

$CQP

18.9%

$SPCX

8.1%

$DLR

6.7%

$CRBG

5.4%

$LGN

5.0%

Decreased 23.15%

$FE

4.2%

$WMB

3.9%

Increased 1.56%

$ETF-SPY

3.9%

Increased 1501.99%

$TRGP

2.9%

Increased 7.77%

$EPD

2.6%

Increased 12.59%

$KMI

2.5%

Increased 24.31%

$ENB

2.3%

Decreased 3.29%

$MPLX

2.2%

Decreased 15.59%

$ET

2.1%

Increased 14.98%

$KNTK

1.8%

$TXNM

1.4%

$WES

1.4%

Increased 18.41%

$PAA

1.4%

Increased 7.70%

$DTM

1.1%

Decreased 7.08%

$LNG

0.9%

Decreased 35.16%

$HESM

0.7%

Decreased 25.53%

$SUNC

0.6%

Decreased 2.07%

$AVB

0.6%

Increased 122.67%

$AMZN

0.5%

Decreased 1.57%

$VG

0.5%

Increased 7045.58%

$BXMT

0.5%

$MSFT

0.4%

Increased 14.85%

$LRCX

0.3%

Increased 8245.43%

$SHO

0.3%

Decreased 0.75%

$NFG

0.3%

Increased 110.61%

$TRP

0.3%

Decreased 78.25%

$CX

0.3%

Decreased 11.76%

$ETF-INDA

0.3%

Increased 14.79%

$VNET

0.3%

$PSFE

0.3%

$FPS

0.2%

Increased 138.26%

$BXSL

0.2%

$WBS

0.2%

Increased 4258.95%

$BMBL

0.2%

Decreased 25.00%

$COF

0.2%

Increased 26.02%

$AMAT

0.2%

Decreased 62.11%

$CRWV

0.2%

$AM

0.2%

Decreased 7.07%

$SUN

0.2%

Decreased 4.45%

$VRT

0.2%

Decreased 13.16%

$NVT

0.2%

Decreased 52.71%

$EA

0.1%

Increased 2848.51%

$APC

0.1%