STOCK TITAN

Blackstone (BMBL) details 22.4M-share Bumble stake, forward sales and margin loan

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Blackstone-affiliated entities filed Amendment No. 11 to their Schedule 13D on Bumble Inc.’s Class A common stock. They report aggregate beneficial ownership of 22,432,496 shares, representing 17.2% of Bumble’s Class A stock, based on 130,431,168 shares outstanding as of May 6, 2026.

The filing explains complex ownership through multiple Delaware partnerships and LLCs ultimately controlled by Blackstone Inc. and its senior leadership. Together with Whitney Wolfe Herd and her affiliates, the group may be deemed to beneficially own 44,800,163 shares, or 29.5% of the class.

The amendment describes forward sale arrangements, including settlement of quarterly calculation periods at a sales price of $3.7751 per share, and notes that 22,432,496 shares are pledged under margin loan agreements securing approximately $28.9 million of outstanding principal.

Positive

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Negative

  • None.

Insights

Amendment details Blackstone’s sizable Bumble stake, forward sales, and margin pledge.

The filing shows Blackstone-controlled entities holding 22,432,496 Bumble Class A shares, or 17.2% of the class, with layered control through numerous partnerships and LLCs. Including Whitney Wolfe Herd’s group, reported beneficial ownership rises to 44,800,163 shares, or 29.5%.

The disclosure also outlines forward transactions with quarterly calculation periods settled at $3.7751 per share and notes that 22,432,496 shares are pledged to secure a margin loan of about $28,878,514.04. These mechanics affect how and when shares might enter the market, but the amendment itself primarily updates ownership and financing terms rather than signaling a new strategic move.

Blackstone beneficial ownership 22,432,496 shares Class A Common Stock; 17.2% of class
Shares outstanding 130,431,168 shares Class A Common Stock outstanding as of May 6, 2026
Group beneficial ownership with Wolfe Herd 44,800,163 shares Represents 29.5% of Class A Common Stock
Forward transaction sales price $3.7751 per share Quarterly calculation period ending June 16, 2026
Pledged shares under margin loan 22,432,496 shares Pledged as of June 18, 2026
Margin loan principal $28,878,514.04 Outstanding under Margin Loan Agreements as of June 18, 2026
Example sale by BX Buzz ML-5 Holdco L.P. 3,278,961 shares Sold at $3.7751 per share on June 16, 2026
Schedule 13D regulatory
"This Amendment No. 11 ("Amendment No. 11") to relates to the Class A common stock..."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Forward Transactions financial
"the hedging period related to the second quarterly calculation period for the Forward Transactions ended"
A forward transaction is a private agreement to buy or sell an asset at a specified price on a future date, locking in terms now for delivery and payment later. Investors care because it lets them lock in prices to reduce uncertainty or speculate on future moves—like agreeing today to buy a house months from now at a fixed price—so it can protect profits or increase risk depending on market changes.
Margin Loan Facility financial
"The disclosure under caption "Margin Loan Facility" in Item 6 of the is hereby amended"
A margin loan facility is a credit line from a broker or bank that lets an investor borrow money using their existing shares or securities as collateral to buy more investments. It matters because it increases buying power and can boost profits, but it also magnifies losses and can trigger forced sales (margin calls) if asset values fall, so investors must weigh higher potential returns against greater financial risk.
beneficial ownership financial
"Calculations of the percentage of the shares of Class A Common Stock beneficially owned is based on 130,431,168 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Stockholders Agreement financial
"By virtue of the Stockholders Agreement, the Reporting Persons and Whitney Wolfe Herd and her affiliates are deemed to be members of a group"
pledged financial
"As of June 18, 2026, a total of 22,432,496 shares of Class A Common Stock are currently pledged."
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12047B105

(CUSIP Number)
John G. Finley
Blackstone Inc., 345 Park Avenue
New York, NY, 10154
(212) 583-5000


Joshua Ford Bonnie
Simpson Thacher & Bartlett LLP, 900 G Street, N.W.
Washington, DC, 20001
(202) 636-5500


William R. Golden III
Simpson Thacher & Bartlett LLP, 900 G Street, N.W.
Washington, DC, 20001
(202) 636-5500

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/16/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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BX Buzz ML-1 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-2 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-3 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-4 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-5 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-6 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-7 Holdco L.P.
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-1 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-2 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-3 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-4 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-5 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-6 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
BX Buzz ML-7 GP LLC
Signature:/s/ Robert Brooks
Name/Title:Robert Brooks, Authorized Signatory, See Exhibit 99.1
Date:06/18/2026
Blackstone Buzz Holdings L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
Blackstone Tactical Opportunities Fund-FD L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
Blackstone Family Investment Partnership-Growth ESC L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:06/18/2026
BCP Buzz Holdings L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:06/18/2026
BTO Buzz Holdings II L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BXG Buzz Holdings L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:06/18/2026
BSOF Buzz Aggregator L.L.C.
Signature:/s/ Stephen O'Connor
Name/Title:Stephen O'Connor, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BTO Holdings Manager-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
Blackstone Tactical Opportunities Associates-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BTOA-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
Blackstone Tactical Opportunities Associates III-NQ L.P.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BTO DE GP-NQ L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BXG Side-by-Side GP L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:06/18/2026
BXG Holdings Manager L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:06/18/2026
Blackstone Growth Associates L.P.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:06/18/2026
BXGA L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Financial Officer, See Exhibit 99.1
Date:06/18/2026
Blackstone Strategic Opportunity Associates L.L.C.
Signature:/s/ Stephen O'Connor
Name/Title:Stephen O'Connor, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BCP VII Holdings Manager - NQ L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:06/18/2026
Blackstone Management Associates VII NQ L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:06/18/2026
BMA VII NQ L.L.C.
Signature:/s/ Christopher Striano
Name/Title:Christopher Striano, Chief Operating Officer of Global Finance, See Exhibit 99.1
Date:06/18/2026
Blackstone Holdings II L.P.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director -Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
Blackstone Holdings I/II GP L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
BTO Holdings Manager L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
Blackstone Tactical Opportunities Associates L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
BTOA L.L.C.
Signature:/s/ Christopher J. James
Name/Title:Christopher J. James, Authorized Person, See Exhibit 99.1
Date:06/18/2026
Blackstone Holdings III L.P.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
Blackstone Holdings III GP L.P.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
Blackstone Holdings III GP Management L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
Blackstone Inc.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
Blackstone Group Management L.L.C.
Signature:/s/ Victoria Portnoy
Name/Title:Victoria Portnoy, Managing Director - Assistant Secretary, See Exhibit 99.1
Date:06/18/2026
Stephen A. Schwarzman
Signature:/s/ Stephen A. Schwarzman
Name/Title:Stephen A. Schwarzman
Date:06/18/2026

FAQ

What does Blackstone’s Schedule 13D/A Amendment No. 11 for Bumble (BMBL) disclose?

The amendment updates Blackstone’s beneficial ownership and financing terms in Bumble. It details a 17.2% Class A stake, forward sale settlements at $3.7751 per share, and 22,432,496 shares pledged under a margin loan of about $28.9 million.

How many Bumble (BMBL) shares does Blackstone report owning in this amendment?

Blackstone Inc. and affiliated entities report beneficial ownership of 22,432,496 Bumble Class A shares, or 17.2% of the class. Percentages are calculated against 130,431,168 Class A shares outstanding as of May 6, 2026, from Bumble’s Form 10-Q.

What combined Bumble (BMBL) ownership is reported with Whitney Wolfe Herd’s group?

The filing states that, based partly on issuer information, Blackstone-affiliated entities and Whitney Wolfe Herd with her affiliates may be deemed to beneficially own 44,800,163 Bumble Class A shares, representing 29.5% of the class, excluding any shares related to certain incentive units.

What forward sale transactions are described in Bumble (BMBL) Blackstone’s Schedule 13D/A?

The amendment describes forward transactions with quarterly calculation periods. For a calculation period ending June 16, 2026, the sales price was $3.7751 per share, and pledged shares were released and delivered to the dealer as settlement for that quarterly period.

How many Bumble (BMBL) shares are pledged and what is the margin loan size?

As of June 18, 2026, 22,432,496 Bumble Class A shares are pledged under margin loan agreements. The outstanding principal loan amount referenced is approximately $28,878,514.04, secured by those pledged shares according to the amendment’s margin loan facility disclosure.

What recent Bumble (BMBL) share sales by Blackstone entities are reported?

In connection with settling a quarterly calculation period of the forward transactions on June 16, 2026, several BX Buzz ML Holdco entities sold specified Bumble Class A share blocks, such as 3,278,961 shares by BX Buzz ML-5 Holdco L.P., at a price of $3.7751 per share.