Will The Blackstone Group’s Collaboration With LLOG Exploration Make A Hit With These Top Institutional Shareholders?

The Blackstone Group (NYSE:BX) announced a collaboration with closely held oil producer LLOG Exploration to invest in offshore energy assets in the Gulf of Mexico. An initial amount of $1.2 billion would be invested to develop LLOG’s existing energy assets in the region. The JV could also use the money to expand operations in the Gulf, including the purchase of acquisitions.

Will The Blackstone Groups shareholders increase their holdings?  They reported owning a total of 40.08 million shares on 09/30/2012. The shares closed at $14.28 on 09/30/2012.

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Here are the ten largest positions in The Blackstone Group at the end of September 30th, 2012.

Mackenzie Financial Corp. held 4,626,200 shares on 09/30/2012 worth $66,062,135. This brought the portfolio total to 0.3%.

Franklin Resources Inc. held 4,322,414 shares on 09/30/2012 worth $61,724,071. This brought the portfolio total to 0.04%.

J.P Morgan Chase & Co. held 3,235,439 shares on 09/30/2012 worth $46,202,068. This brought the portfolio total to 0.02%.

Commonwealth Bank of Australia held 2,565,859 shares on 09/30/2012 worth $36,640,466. This brought the portfolio total to 0.31%.

Factory Mutual Insurance Co. held 2,477,100 shares on 09/30/2012 worth $35,372,987. This brought the portfolio total to 0.66%.

Trilogy Global Advisors LP. held 2,384,323 shares on 09/30/2012 worth $34,048,132. This brought the portfolio total to 0.8%.

Susquehanna International Group LLP. held 2,085,900 shares on 09/30/2012 worth $29,787. This brought the portfolio total to 0.0%.

Royal Bank of Scotland Group PLC. held 2,035,540 shares on 09/30/2012 worth $29,067,511. This brought the portfolio total to 0.43%.

Honeywell International Inc. held 2,016,300 shares on 09/30/2012 worth $28,792,763. This brought the portfolio total to 0.95%.

Susquehanna International Group LLP. held 1,958,600 shares on 09/30/2012 worth $27,969. This brought the portfolio total to 0.0%.

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