Blackstone's Q2 13F Reveals $1.37B SpaceX Stake and $2.31B S&P 500 Put Position
BX sits 42% above its 52-week low of $101.73.
Summary
Blackstone's Q2 2026 13F shows a $1.37B SpaceX stake, a $2.31B S&P 500 put position, and large holdings in energy and financial companies.
Key Events · Ownership and Investor Activity · BX
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SpaceX Stake Disclosed
A combined $1.37 billion position in Space Exploration Technologies Corp. was reported across multiple managers, including 8 million shares held by one manager valued at $1.37 billion.
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Large S&P 500 Put Position
The filing shows a $2.31 billion put position on the SPDR S&P 500 ETF, indicating a hedging or bearish strategy in part of the portfolio.
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Energy Infrastructure Holdings
Significant energy infrastructure exposure is evident through holdings of $6.22 billion in Cheniere Energy Partners, $1.29 billion in Williams Cos, and $964.6 million in Targa Resources.
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Financial Sector Stakes
The 13F includes $1.77 billion in Corebridge Financial and $1.66 billion in Legence Corp, alongside smaller positions in banks and insurers.
Analysis · BX · Finance
The latest 13F from Blackstone discloses a $1.37 billion position in SpaceX, a $2.31 billion put position on the SPDR S&P 500 ETF, and large stakes in Cheniere Energy Partners, Corebridge Financial, and Legence Corp. The SpaceX holding stands out given Blackstone's recent AI infrastructure commitments and the private company's high valuation. Meanwhile, the S&P 500 put position suggests a hedging or bearish tilt in part of the portfolio. These disclosures offer a window into Blackstone's investment strategy across its various managers.
At the time of this filing, BX was trading at $144.04 on NYSE in the Finance sector, with a market capitalization of approximately $178.7B. The 52-week trading range was $101.73 to $190.09. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.