Is Blackstone a Buy After Investment Firm Ascent Wealth Partners Initiated a Position in the Stock?

What happenedAccording to a filing with the Securities and Exchange Commission dated October 21, 2025, Ascent Wealth Partners, LLC reported a new position in Blackstone (BX 4.17%). The fund disclosed ownership of 51,697 shares, with a quarter-end market value of $8.83 million.The stake amounts to 1.02% of Ascent's $862.10 million in reportable U.S. equity assets across 181 positions as of September 30, 2025.What else to knowThis is a newly established position, representing 1.02% of 13F reportable assets un ...