Blackstone Digital Infrastructure (BXDC) holder reports 7.9% ownership stake

Rhea-AI Filing Summary

Blackstone Digital Infrastructure Trust Inc. has a significant shareholder disclosure from Principal Global Investors LLC and Principal Real Estate Investors LLC. Together they report beneficial ownership of 7,975,040 shares of common stock, representing 7.9% of the class, as of June 30, 2026.

Principal Global Investors has shared voting and dispositive power over 107,610 shares, while Principal Real Estate Investors LLC has shared voting and dispositive power over 7,867,430 shares. Neither entity reports any sole voting or sole dispositive power over Blackstone Digital Infrastructure Trust Inc. shares. The two entities file jointly under a Joint Filing Agreement.

Key Figures

Beneficial ownership: 7,975,040 shares Percent of class: 7.9% PGI shared voting power: 107,610 shares +3 more

6 metrics

Beneficial ownership 7,975,040 shares Total BXDC common stock beneficially owned by both reporting entities

Percent of class 7.9% Percentage of BXDC common stock beneficially owned by the reporting entities

PGI shared voting power 107,610 shares Shares of BXDC over which Principal Global Investors has shared voting power

PREI shared voting power 7,867,430 shares Shares of BXDC over which Principal Real Estate Investors has shared voting power

PGI ownership percentage 0.1% Percent of BXDC common stock beneficially owned by Principal Global Investors

PREI ownership percentage 7.8% Percent of BXDC common stock beneficially owned by Principal Real Estate Investors

Key Terms

beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 7,975,040"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power financial

"Shared Voting Power 107,610.00 ... Shared Voting Power 7,867,430.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 107,610.00 ... Shared Dispositive Power 7,867,430.00"

Schedule 13G regulatory

"This statement is filed by Principal Global Investors LLC and Principal Real Estate Investors LLC jointly"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Joint Filing Agreement regulatory

"jointly pursuant to a Joint Filing Agreement, which is filed with this as Exhibit 99.1"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/05/2026 - 11:40 AM Accepted by SEC EDGAR 08/05/2026 - 11:40 AM Learn about SEC filing dates

FAQ

What stake in BXDC do Principal Global Investors and Principal Real Estate Investors report?

Principal Global Investors and Principal Real Estate Investors report beneficial ownership of 7,975,040 BXDC shares, representing 7.9% of the outstanding common stock. This reflects their combined position in Blackstone Digital Infrastructure Trust Inc.

How many BXDC shares have shared voting power according to this Schedule 13G?

The filing reports shared voting power over 7,975,040 BXDC shares. This includes 107,610 shares attributed to Principal Global Investors and 7,867,430 shares attributed to Principal Real Estate Investors LLC.

Do the reporting entities in the BXDC Schedule 13G have sole voting power?

No. Both Principal Global Investors and Principal Real Estate Investors report 0 shares with sole voting power. All reported voting authority over BXDC common stock is described as shared, not sole.

What percentage of BXDC is held by Principal Real Estate Investors LLC?

Principal Real Estate Investors LLC reports beneficial ownership of 7,867,430 BXDC shares, representing 7.8% of the common stock. These shares are held with shared voting and shared dispositive power, and no sole authority is reported.

What percentage of BXDC is held by Principal Global Investors?

Principal Global Investors reports beneficial ownership of 107,610 BXDC shares, representing 0.1% of the common stock. These shares are held with shared voting and shared dispositive power, with no sole authority disclosed.

Who are the reporting persons in the BXDC Schedule 13G filing?

The reporting persons are Principal Global Investors LLC and Principal Real Estate Investors LLC, both organized in Delaware. They file jointly under a Joint Filing Agreement and share authority over their reported BXDC holdings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Blackstone Digital Infrastructure Trust Inc.

(Name of Issuer)

Common stock par value $0.01 per share

(Title of Class of Securities)

09264B107

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 09264B107

1

Names of Reporting Persons

PRINCIPAL GLOBAL INVESTORS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 107,610.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 107,610.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

107,610.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 09264B107

1

Names of Reporting Persons

PRINCIPAL REAL ESTATE INVESTORS LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,867,430.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,867,430.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,867,430.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Blackstone Digital Infrastructure Trust Inc.
(b)	Address of issuer's principal executive offices: C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK, NEW YORK 10154
Item 2.
(a)	Name of person filing: PRINCIPAL GLOBAL INVESTORS PRINCIPAL REAL ESTATE INVESTORS LLC
(b)	Address or principal business office or, if none, residence: PRINCIPAL GLOBAL INVESTORS 711 HIGH STREET DES MOINES, Iowa 50392-0300 PRINCIPAL REAL ESTATE INVESTORS LLC 711 HIGH STREET DES MOINES, Iowa 50392-0300
(c)	Citizenship: PRINCIPAL GLOBAL INVESTORS - DELAWARE PRINCIPAL REAL ESTATE INVESTORS LLC - DELAWARE
(d)	Title of class of securities: Common stock par value $0.01 per share
(e)	CUSIP Number(s): 09264B107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 7,975,040
(b)	Percent of class: 7.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: PRINCIPAL GLOBAL INVESTORS - 0 PRINCIPAL REAL ESTATE INVESTORS LLC - 0
	(ii) Shared power to vote or to direct the vote: PRINCIPAL GLOBAL INVESTORS - 107,610 PRINCIPAL REAL ESTATE INVESTORS LLC - 7,867,430
	(iii) Sole power to dispose or to direct the disposition of: PRINCIPAL GLOBAL INVESTORS - 0 PRINCIPAL REAL ESTATE INVESTORS LLC - 0
	(iv) Shared power to dispose or to direct the disposition of: PRINCIPAL GLOBAL INVESTORS - 107,610 PRINCIPAL REAL ESTATE INVESTORS LLC - 7,867,430
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PRINCIPAL GLOBAL INVESTORS

Signature:	/s/ J. Markham Penrod
Name/Title:	J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:	07/31/2026

PRINCIPAL REAL ESTATE INVESTORS LLC

Signature:	/s/ J. Markham Penrod
Name/Title:	J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:	07/31/2026

Exhibit Information

This statement is filed by Principal Global Investors LLC and Principal Real Estate Investors LLC jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.