Blackstone entities disclose ARKO Petroleum (APC) indirect holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ARKO Petroleum Corp. received an initial Form 3 reporting indirect ownership of its Class A Common Stock by several Blackstone-related entities and Stephen A. Schwarzman as ten percent owners. The filing describes a chain of entities connected to Harvest Funds Advisors LLC, which manages funds holding ARKO Class A shares.
Harvest Funds Advisors, as investment manager, has voting authority and dispositive discretion over these securities, while the reporting persons may be deemed indirect beneficial owners for Section 13(d) purposes. The filing states they have no pecuniary interest in the securities and each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Blackstone Holdings I L.P., Blackstone Holdings I/II GP L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., SCHWARZMAN STEPHEN A
Role
null | null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, See Footnotes)
Footnotes (1)
- Harvest Funds Advisors LLC ("HFA") is an investment manager to funds and separately managed accounts that own Class A Common Shares ("Class A Shares") of ARKO Petroleum Corp. (the "Issuer"). Harvest Fund Holdco L.P. is the sole member of HFA. Blackstone Harvest Holdco L.L.C. is the general partner of Harvest Fund Holdco L.P. Blackstone Intermediary Holdco L.L.C. is the sole member of Blackstone Harvest Holdco L.L.C. Blackstone Securities Partners L.P. is the sole member of Blackstone Intermediary Holdco L.L.C. Blackstone Advisory Services L.L.C. is the general partner of Blackstone Securities Partners L.P. HFA, an investment adviser registered under the Investment Advisers Act of 1940, as amended, advises funds and accounts. In such capacity, HFA has voting authority and dispositive discretion over the securities of the Issuer owned by such funds and accounts. The Reporting Persons may be deemed to be indirect beneficial owners of the securities owned by such funds and accounts for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), however, none of the Reporting Persons has any pecuniary interest in any of such securities. Reflects Class A Common Shares of the Issuer held by funds and accounts over which Blackstone Holdings I L.P. may be deemed to have indirect voting and dispositive power. Blackstone Holdings I L.P. is the sole member of Blackstone Advisory Services L.L.C. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings I L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Key Figures
Indirect Class A shares: 50,000 shares
Holding entries: 2 entries
Unknown transaction records: 2 records
3 metrics
Indirect Class A shares
50,000 shares
Class A Common Stock held indirectly as of 2026-02-12
Holding entries
2 entries
Form 3 non-transaction holding lines for Class A Common Stock
Unknown transaction records
2 records
transactionSummary unknownCount for reported holdings
Key Terms
indirect beneficial owners, pecuniary interest, voting authority, dispositive discretion, +2 more
6 terms
indirect beneficial owners financial
"may be deemed to be indirect beneficial owners of the securities"
pecuniary interest financial
"none of the Reporting Persons has any pecuniary interest in any of such securities"
voting authority financial
"HFA has voting authority and dispositive discretion over the securities of the Issuer"
dispositive discretion financial
"HFA has voting authority and dispositive discretion over the securities of the Issuer"
Investment Advisers Act of 1940 regulatory
"HFA, an investment adviser registered under the Investment Advisers Act of 1940, as amended"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
Section 13(d) regulatory
"for purposes of Section 13(d) of the Securities Exchange Act of 1934"
FAQ
What does the ARKO Petroleum (APC) Form 3 filed by Blackstone entities show?
The Form 3 reports indirect ownership of ARKO Petroleum Class A Common Stock by several Blackstone-related entities and Stephen A. Schwarzman. It identifies them as ten percent owners through a structure involving Harvest Funds Advisors LLC, which manages funds and accounts that actually hold the ARKO shares.
How is Stephen A. Schwarzman connected to ARKO Petroleum ownership in this Form 3?
Stephen A. Schwarzman is identified through a control chain over Blackstone Inc. and related entities, including Blackstone Group Management L.L.C., which is wholly-owned by Blackstone’s senior managing directors and controlled by him. Through this structure, he is listed as a ten percent owner with indirect beneficial ownership.
What role does Harvest Funds Advisors play in ARKO Petroleum (APC) ownership?
Harvest Funds Advisors LLC is an investment adviser registered under the Investment Advisers Act of 1940 and manages funds and accounts that own ARKO Petroleum Class A shares. It holds voting and dispositive authority over these securities, while the Blackstone-related reporting persons are positioned further up the ownership chain.