As of November 6, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Blackstone Private Real Estate Credit & Income Fund. The largest reported stake is Blackstone Holdings I/II GP L.L.C.'s, at 70.2%. 12 filings are on record since July 18, 2025 (Schedule 13D/A, September 24, 2026).
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Key facts
- · Reporting person: BCRED X Holdings LLC · Sole voting: 18,628,295 · Shared voting: 0 · Sole dispositive: 18,628,295 · Shared dispositive: 0 · SCHEDULE 13D/A, 2026-09-24
- · Holder: Blackstone Holdings I/II GP L.L.C. · Percent: 70.1% · SCHEDULE 13D/A
- · Holder: Blackstone Holdings I/II GP L.L.C. · Percent: 69.9% · SCHEDULE 13D/A
- · Holder: Blackstone Holdings I/II GP L.L.C. · Percent: 69.7% · SCHEDULE 13D/A
- · Holder: Blackstone Holdings I/II GP L.L.C. · Percent: 73.3% · SCHEDULE 13D/A
Blackstone Private Real Estate Credit & Income Fund has 12 Schedule 13D or 13G filings on record since 2025-07-18. 1 holder's latest filing reports 5% or more of common shares of beneficial interest. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Blackstone Holdings I/II GP L.L.C. | 70.2% | 27,523,772 | SCHEDULE 13D/A, 2026-09-24 | 2026-09-23 |
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More on Blackstone Private Real Estate Credit & Income Fund and the records around it.
Companies that share a holder
- BCRED X Holdings LLC also filed stake reports on 1 other company: Loar Holdings Inc. (Feb 2026)
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| BCRED X Holdings LLC | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Private Credit Fund | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Private Multi-Asset Credit and Income Fund | 8,895,478 | 0 | 8,895,478 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Private Credit Strategies LLC | 27,523,772 | 0 | 27,523,772 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Intermediary Holdco L.L.C. | 27,523,772 | 0 | 27,523,772 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Securities Partners L.P. | 27,523,772 | 0 | 27,523,772 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Advisory Services L.L.C. | 27,523,772 | 0 | 27,523,772 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Credit BDC Advisors LLC | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Alternative Credit Advisors LP | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| GSO Capital Partners GP L.L.C. | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| StoneCo IV Corporation | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings AI L.P. | 18,628,295 | 0 | 18,628,295 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Private Real Estate Credit & Income Fund (Offshore Strategic Feeder Fund) L.P. | 29,399 | 0 | 29,399 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| BREC Offshore Feeder GP, L.L.C. | 29,399 | 0 | 29,399 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings IV L.P. | 29,399 | 0 | 29,399 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings IV GP L.P. | 29,399 | 0 | 29,399 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings IV GP Management (Delaware) L.P. | 29,399 | 0 | 29,399 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings IV GP Management L.L.C. | 29,399 | 0 | 29,399 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings I L.P. | 27,523,772 | 0 | 27,523,772 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Holdings I/II GP L.L.C. | 27,523,772 | 0 | 27,523,772 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Inc. | 27,553,172 | 0 | 27,553,172 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Blackstone Group Management L.L.C. | 27,553,172 | 0 | 27,553,172 | 0 | SCHEDULE 13D/A, 2026-09-24 |
| Stephen A. Schwarzman | 27,553,172 | 0 | 27,553,172 | 0 | SCHEDULE 13D/A, 2026-09-24 |
The latest filing identifies Blackstone Private Real Estate Credit & Income Fund by CUSIP 000000000 and gives its principal executive office as 345 Park Avenue, New York, NY 10154 (SCHEDULE 13D/A, 2026-09-24).
Source of funds (Item 3)
Item 3 of the Schedule 13D is hereby amended and supplemented to add the following: On September 1, 2026, BMACX subscribed for 191,058.464 Common Shares. The aggregate purchase price for BMACX's investment was $5,000,000. BMACX was deemed to acquire the securities on September 23, 2026, when the net asset value of the Common Shares was determined. The source of funds for the purchase of the Common Shares by BMACX was from working capital. On September 1, 2026, BREC-S subscribed for 636.667 Common Shares. The aggregate purchase price for BREC-S's investment was $16,661.58.Blackstone Holdings I/II GP L.L.C., SCHEDULE 13D/A, 2026-09-24
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-18 | Blackstone Holdings I/II GP L.L.C. | 59.8% | SCHEDULE 13D/A |
| 2025-08-22 | Blackstone Holdings I/II GP L.L.C. | 69.4% | SCHEDULE 13D/A |
| 2025-09-22 | Blackstone Holdings I/II GP L.L.C. | 74.4% | SCHEDULE 13D/A |
| 2025-10-21 | Blackstone Holdings I/II GP L.L.C. | 83.9% | SCHEDULE 13D/A |
| 2025-11-24 | Blackstone Holdings I/II GP L.L.C. | 78.2% | SCHEDULE 13D/A |
| 2025-12-22 | Blackstone Holdings I/II GP L.L.C. | 75.9% | SCHEDULE 13D/A |
| 2026-02-24 | Blackstone Holdings I/II GP L.L.C. | 72.2% | SCHEDULE 13D/A |
| 2026-03-23 | Blackstone Holdings I/II GP L.L.C. | 73.3% | SCHEDULE 13D/A |
| 2026-06-24 | Blackstone Holdings I/II GP L.L.C. | 69.7% | SCHEDULE 13D/A |
| 2026-07-24 | Blackstone Holdings I/II GP L.L.C. | 69.9% | SCHEDULE 13D/A |
| 2026-08-24 | Blackstone Holdings I/II GP L.L.C. | 70.1% | SCHEDULE 13D/A |
| 2026-09-24 | Blackstone Holdings I/II GP L.L.C. | 70.2% | SCHEDULE 13D/A |
Questions about who owns Blackstone Private Real Estate Credit & Income Fund
Who owns Blackstone Private Real Estate Credit & Income Fund?
On this page, one holder's latest ownership filing reports 5% or more of Blackstone Private Real Estate Credit & Income Fund: Blackstone Holdings I/II GP L.L.C. (70.2%, Schedule 13D/A, filed 2026-09-24).
When did Blackstone Holdings I/II GP L.L.C. buy into Blackstone Private Real Estate Credit & Income Fund?
The filings give report dates, not purchase dates. The earliest filing from Blackstone Holdings I/II GP L.L.C. on this page is the Schedule 13D/A, filed 2025-07-18, reporting 59.8%; its latest, Schedule 13D/A filed 2026-09-24, reports 70.2%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 12 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
