Renaissance Technologies LLC disclosed a new $164.6 million position in Blackstone Inc. The hedge fund purchased 1,431,400 shares during the first quarter. This investment represents a 0.19% stake in the asset manager. The disclosure was made in a regulatory filing on July 25, 2026.
Blackstone reported second-quarter financial results on July 23. The firm earned $1.52 per share. Revenue reached $5.04 billion, exceeding analyst estimates.
Assets under management hit a record $1.35 trillion. Quarterly inflows totaled nearly $70 billion. The firm also noted improving gains from AI-related investments.