Blackstone Group L.P. Buys Enterprise Products Partners LP, Energy Transfer Partners LP, Energy Transfer Equity LP, Sells Hilton Worldwide Holdings Inc, Park Hotels & Resorts Inc, Grupo Televisa SAB

• New Purchases: EPD, ETP, ETE, WPZ, MPLX, FG, PAA, ANDX, WMB, OKE,
• Added Positions: TRGP, HOV, UAN, CQH, FSIC,
• Reduced Positions: HLT, PK, CJ, BXMT, IPOA.U, CCO, GOGO,
• Sold Out: TV, STNG, GLDD, JONE,

For the details of Blackstone Group L.P.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Blackstone+Group+L.P.

1. Cheniere Energy Partners LP (CQP) - 203,360,965 shares, 24.56% of the total portfolio. Shares added by 0.45%
2. Invitation Homes Inc (INVH) - 219,945,349 shares, 21.12% of the total portfolio.
3. Hilton Worldwide Holdings Inc (HLT) - 17,391,494 shares, 5.66% of the total portfolio. Shares reduced by 47.28%
4. Enterprise Products Partners LP (EPD) - 41,507,560 shares, 4.48% of the total portfolio. New Position
5. Energy Transfer Partners LP (ETP) - 49,033,718 shares, 3.58% of the total portfolio. New Position

Blackstone Group L.P. initiated holdings in Enterprise Products Partners LP. The purchase prices were between $23.89 and $26.8, with an estimated average price of $25.33. The stock is now traded at around $26.83. The impact to the portfolio due to this purchase was 4.48%. The holdings were 41,507,560 shares as of 2017-12-31.

Blackstone Group L.P. initiated holdings in Energy Transfer Partners LP. The purchase prices were between $15.71 and $18.75, with an estimated average price of $17.27. The stock is now traded at around $18.78. The impact to the portfolio due to this purchase was 3.58%. The holdings were 49,033,718 shares as of 2017-12-31.

Blackstone Group L.P. initiated holdings in Energy Transfer Equity LP. The purchase prices were between $15.79 and $18.7, with an estimated average price of $17.05. The stock is now traded at around $17.13. The impact to the portfolio due to this purchase was 3.16%. The holdings were 44,910,929 shares as of 2017-12-31.

Blackstone Group L.P. initiated holdings in Williams Partners LP. The purchase prices were between $35.02 and $39.9, with an estimated average price of $37.56. The stock is now traded at around $40.34. The impact to the portfolio due to this purchase was 2.82%. The holdings were 17,849,496 shares as of 2017-12-31.

Blackstone Group L.P. initiated holdings in MPLX LP. The purchase prices were between $32.46 and $37.94, with an estimated average price of $35.2. The stock is now traded at around $36.15. The impact to the portfolio due to this purchase was 2.41%. The holdings were 16,711,584 shares as of 2017-12-31.

Blackstone Group L.P. initiated holdings in FGL Holdings. The purchase prices were between $9.28 and $11.3, with an estimated average price of $10.26. The stock is now traded at around $9.40. The impact to the portfolio due to this purchase was 1.77%. The holdings were 43,266,906 shares as of 2017-12-31.

Blackstone Group L.P. added to the holdings in Targa Resources Corp by 2430.72%. The purchase prices were between $40.35 and $48.42, with an estimated average price of $44.72. The stock is now traded at around $48.46. The impact to the portfolio due to this purchase was 1.24%. The holdings were 6,536,900 shares as of 2017-12-31.

Blackstone Group L.P. added to the holdings in CVR Partners LP by 52.83%. The purchase prices were between $3.01 and $3.95, with an estimated average price of $3.31. The stock is now traded at around $2.92. The impact to the portfolio due to this purchase was 0.04%. The holdings were 9,053,827 shares as of 2017-12-31.

Blackstone Group L.P. added to the holdings in Hovnanian Enterprises Inc by 96.25%. The purchase prices were between $1.95 and $3.35, with an estimated average price of $2.47. The stock is now traded at around $2.11. The impact to the portfolio due to this purchase was 0.04%. The holdings were 6,116,811 shares as of 2017-12-31.

Blackstone Group L.P. sold out the holdings in Grupo Televisa SAB. The sale prices were between $17.52 and $24.64, with an estimated average price of $20.73.

Blackstone Group L.P. sold out the holdings in Scorpio Tankers Inc. The sale prices were between $3 and $3.7, with an estimated average price of $3.37.

Blackstone Group L.P. sold out the holdings in Jones Energy Inc. The sale prices were between $0.76 and $1.79, with an estimated average price of $1.17.

Blackstone Group L.P. sold out the holdings in Great Lakes Dredge & Dock Corp. The sale prices were between $4.4 and $5.65, with an estimated average price of $5.09.

Blackstone Group L.P. reduced to the holdings in Hilton Worldwide Holdings Inc by 47.28%. The sale prices were between $68.86 and $80.45, with an estimated average price of $74.13. The stock is now traded at around $85.11. The impact to the portfolio due to this sale was -6.65%. Blackstone Group L.P. still held 17,391,494 shares as of 2017-12-31.

Blackstone Group L.P. reduced to the holdings in Park Hotels & Resorts Inc by 96.79%. The sale prices were between $27.19 and $29.42, with an estimated average price of $28.61. The stock is now traded at around $27.00. The impact to the portfolio due to this sale was -2.85%. Blackstone Group L.P. still held 557,587 shares as of 2017-12-31.