Blackstone Alternative Credit Advisors LP

Blackstone Alternative Credit Advisors LP (10% owner) sold 3,000,000 shares at $82.61 for $247.8M, reducing position 93.5% to 209.0K shares

Blackstone Alternative Credit Advisors LP executed 5 separate sales totaling 3,000,000 shares (3.00M shares) at a blended average price of $82.61 on 2025-06-09, netting $247,830,000.00. This sale reduces the 10% owner's stake from 3,209,042 shares (3.21M shares) to 209,042 shares (209.0K shares)—a reduction of 93.5% in the pre-transaction holding position. The current stock price of $83.92 is 15.6% below the 52-week high of $99.49 and down 15.6% over the past 30 days, though the stock has appreciated 32.3% over 90 days. This near-complete exit by a major shareholder is a material liquidity event; the size and scope of the transaction—elimination of a dominant institutional stake—warrants careful examination of the timing and the company's recent financial trajectory, particularly given the elevated P/E multiple of 220.84 and the 26.9% annual revenue growth rate alongside the stock's recent downward pressure.

Blackstone Alternative Credit Advisors LP (10% owner) sold 1,792,557 shares ($145.0M) at $80.91, reducing stake by 86.0% to 290,663 shares

Blackstone Alternative Credit Advisors LP, a 10% owner of Loar Holdings, executed 10 separate sales totaling 1,792,557 shares (1.79M shares) for $145,031,663.99 ($145.0M) on May 16-19, 2025, at a blended price of $80.91—a price 2.5% below the current market price of $83.00 and 18.6% below the 52-week high of $99.49. This represents an 86.0% reduction in Blackstone's holdings, from 2,083,220 shares pre-transaction to 290,663 shares post-transaction. The insider's cross-ticker track record shows 5 prior sells with a 90-day well-timed rate of 100.00%, and at this same ticker (LOAR), 5 of 5 prior sells on 2024-12-12 were well-timed at the 90-day mark. The scale of the stake reduction—nearly eliminating a 10% position—combined with a consistent historical pattern of selling before subsequent declines, warrants investor attention to the underlying catalyst and Loar's near-term price trajectory.

Blackstone Alternative Credit Advisors LP (10% owner) sold 335,487 shares for $27.2M on 2024-12-12, reducing stake by ~49.7%

Blackstone Alternative Credit Advisors LP, a 10% owner of LOAR, executed 5 separate sales totaling 335,487 shares for $27,233,157.24 at $81.18 per share on 2024-12-12, reducing its holdings from 674,920 shares to 339,433 shares. This represents a substantial 49.7% reduction in the filer's position. The current stock price of $79.87 is now 1.6% below the sale execution price, while the stock is trading 15.3% below its 52-week high of $94.34. The magnitude and structure of this divestiture—a major institutional stakeholder exiting half its position—warrants attention to the motivations and context driving such a significant holding reduction.