Blackstone Shares Fall 0.96% as Q2 Earnings Surge on $1.2T AUM and 31% Fee Growth Trading Volume Ranks 194th

On July 30, 2025, Blackstone (BX) closed with a 0.96% decline, trading with a volume of $0.61 billion, ranking 194th in market activity. The firm’s Q2 2025 results highlighted a $1.6 billion surge in GAAP and distributable earnings, driven by record $1.2 trillion in assets under management (AUM) and $52 billion in net inflows. Fee-related earnings rose 31% year-over-year, fueled by growth in private credit, wealth management, and infrastructure, with credit AUM tripling to $484 billion over five years and insurance client assets hitting $250 billion.

Private wealth AUM reached $280 billion, supported by 30% higher inflows in the wealth channel and strong performance in products like BXP and BREIT. Management emphasized structural growth potential from recurring fees, long-duration capital, and expanding market share in private credit. Real estate AUM eligible for performance fees totaled $200 billion, with 60% above hurdles, while improved capital markets signaled potential for $6.6 billion in net accrued performance revenue to convert into cash earnings. However, short-term market dynamics, including a broader market rebound and M&A activity, did not offset the stock’s intraday decline.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day yielded a 166.71% return from 2022 to July 30, 2025, significantly outperforming the benchmark return of 29.18%. The strategy’s excess return was 137.53%, and it achieved a compound annual growth rate (CAGR) of 31.89%. This performance underscores the potential of high-volume trading strategies in capturing market momentum over extended periods.