# EDGAR Filing Document

**Accession Number:** 0001823945
**File Stem:** 0001011438-26-000345
**Filing Date:** 2026-5
**Character Count:** 38019
**Document Hash:** 1e82d7bef5759a6689ae4c1979cc559d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001011438-26-000345.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001011438-26-000345

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLUE OWL CAPITAL INC.
- **CENTRAL INDEX KEY:** 0001823945
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 863906032
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91796
- **FILM NUMBER:** 26987488

**BUSINESS ADDRESS:**
- **STREET 1:** 399 PARK AVENUE, 37TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** (212) 419-3000

**MAIL ADDRESS:**
- **STREET 1:** 399 PARK AVENUE, 37TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALTIMAR ACQUISITION CORP.
- **DATE OF NAME CHANGE:** 20200909
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ICQ BB GP, LLC
- **CENTRAL INDEX KEY:** 0001832801

**ORGANIZATION NAME:**
- **EIN:** 453711766
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 50 BEALE ST
- **STREET 2:** STE 2300
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 415-967-7763

**MAIL ADDRESS:**
- **STREET 1:** 50 BEALE ST
- **STREET 2:** STE 2300
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

## Exhibit 99.1

#### EXHIBIT 99.1

#### JOINT FILING AGREEMENT
Each of the undersigned, pursuant to Rule 13d-1(k)(1) under the Act, hereby agrees and acknowledges that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of the Class A Common Stock and the information required by this Schedule 13G, to which this Agreement is attached as an exhibit, is filed on behalf of them. The undersigned further agree that any further amendments or supplements thereto shall also be filed on behalf of each of them.

Dated: May 15, 2026

---

| | |
|:---|:---|
| BB Holdings AC LP, a Delaware | BB Holdings AC LP, a Delaware |
| limited partnership | limited partnership |
| By: | ICQ BB GP, LLC, a |
|  | Delaware limited liability company, its General Partner |
| By: | Louis D. Thorne |
| Title: | Authorized Person |
| <u>/s/ Louis D. Thorne</u>  | <u>/s/ Louis D. Thorne</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| BB Holdings AA LP, a Delaware | BB Holdings AA LP, a Delaware |
| limited partnership | limited partnership |
| By: | ICQ BB GP, LLC, a |
|  | Delaware limited liability company, its General Partner |
| By: | Louis D. Thorne |
| Title: | Authorized Person |
| <u>/s/ Louis D. Thorne</u>  | <u>/s/ Louis D. Thorne</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| Co-Investment Portfolio 2021 LP, a Delaware limited partnership | Co-Investment Portfolio 2021 LP, a Delaware limited partnership |
| By: | Co-Investment Portfolio GP II LP, a |
|  | Delaware limited partnership, its General Partner |
| By: | ICQ Co-Investment II TT GP, LLC, |
|  | a Delaware limited liability company, its General Partner |
| By: | Louis D. Thorne |
| Title: | Authorized Person |
| <u>/s/ Louis D. Thorne</u>  | <u>/s/ Louis D. Thorne</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| ICONIQ Capital, LLC, a Delaware limited liability company | ICONIQ Capital, LLC, a Delaware limited liability company |
| By: | ICONIQ Capital Group, L.P., a Delaware limited partnership, its sole member |
| By: | ICONIQ Capital Group GP, LLC, a Delaware limited liability company, its General Partner |
| By: | Divesh Makan |
| Title: | Authorized Person |
| <u>/s/ Divesh Makan</u>  | <u>/s/ Divesh Makan</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| ICQ BB GP, LLC, a Delaware limited liability company | ICQ BB GP, LLC, a Delaware limited liability company |
| By: | Louis D. Thorne |
| Title: | Authorized Person |
| <u>/s/ Louis D. Thorne</u>  | <u>/s/ Louis D. Thorne</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| Co-Investment Portfolio GP II LP, a Delaware limited partnership | Co-Investment Portfolio GP II LP, a Delaware limited partnership |
| By: | ICQ Co-Investment II TT GP, LLC, a Delaware limited liability company, its General Partner |
| By: | Louis D. Thorne |
| Title: | Authorized Person |
| <u>/s/ Louis D. Thorne</u>  | <u>/s/ Louis D. Thorne</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| ICQ Co-Investment II TT GP, LLC, a Delaware limited liability company | ICQ Co-Investment II TT GP, LLC, a Delaware limited liability company |
| By: | Louis D. Thorne |
| Title: | Authorized Person |
| <u>/s/ Louis D. Thorne</u>  | <u>/s/ Louis D. Thorne</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| ICONIQ Capital Group, L.P., a Delaware limited partnership | ICONIQ Capital Group, L.P., a Delaware limited partnership |
| By: | ICONIQ Capital Group GP, LLC, a Delaware limited liability company, its General Partner |
| By: | Divesh Makan |
| Title: | Authorized Person |
| <u>/s/ Divesh Makan</u>  | <u>/s/ Divesh Makan</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| ICONIQ Capital Group GP, LLC, a Delaware limited liability company | ICONIQ Capital Group GP, LLC, a Delaware limited liability company |
| By: | Divesh Makan |
| Title: | Authorized Person |
| <u>/s/ Divesh Makan</u>  | <u>/s/ Divesh Makan</u>  |
| Signature of Reporting Person | Signature of Reporting Person |
| Divesh Makan | Divesh Makan |
| <u>/s/ Divesh Makan</u>  | <u>/s/ Divesh Makan</u>  |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 3)**

**Issuer:** BLUE OWL CAPITAL INC.

**Title of Class of Securities:** Class A Common Stock, $0.0001 par value per share

**CUSIP Number:** —

**Date of Event Which Requires Filing of this Statement:** 03/31/2026

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

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>BB Holdings AC LP | Names of Reporting Persons<br>BB Holdings AC LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>3500000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3500000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3500000 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3500000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.5% | Percent of Class Represented by Amount in Row (9)<br>0.5% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>BB Holdings AA LP | Names of Reporting Persons<br>BB Holdings AA LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>20000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>20000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>20000000 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>20000000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3% | Percent of Class Represented by Amount in Row (9)<br>3% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>ICQ BB GP, LLC | Names of Reporting Persons<br>ICQ BB GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>23500000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>23500000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>23500000 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>23500000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3.5% | Percent of Class Represented by Amount in Row (9)<br>3.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

---

| 1. | Names of Reporting Persons<br>Co-Investment Portfolio 2021 LP | Names of Reporting Persons<br>Co-Investment Portfolio 2021 LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>10000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>10000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>10000000 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>10000000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.5% | Percent of Class Represented by Amount in Row (9)<br>1.5% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Co-Investment Portfolio GP II LP | Names of Reporting Persons<br>Co-Investment Portfolio GP II LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>10000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>10000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>10000000 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>10000000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.5% | Percent of Class Represented by Amount in Row (9)<br>1.5% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>ICQ Co-Investment II TT GP, LLC | Names of Reporting Persons<br>ICQ Co-Investment II TT GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>10000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>10000000 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>10000000 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>10000000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.5% | Percent of Class Represented by Amount in Row (9)<br>1.5% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

---

| 1. | Names of Reporting Persons<br>ICONIQ Capital, LLC | Names of Reporting Persons<br>ICONIQ Capital, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>853844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>853844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>853844 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>853844 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.1% | Percent of Class Represented by Amount in Row (9)<br>0.1% |
| 12. | Type of Reporting Person (See Instructions)<br>IA, OO | Type of Reporting Person (See Instructions)<br>IA, OO |

---

| 1. | Names of Reporting Persons<br>ICONIQ Capital Group, L.P. | Names of Reporting Persons<br>ICONIQ Capital Group, L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>853844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>853844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>853844 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>853844 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.1% | Percent of Class Represented by Amount in Row (9)<br>0.1% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, PN | Type of Reporting Person (See Instructions)<br>HC, PN |

---

| 1. | Names of Reporting Persons<br>ICONIQ Capital Group GP, LLC | Names of Reporting Persons<br>ICONIQ Capital Group GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>853844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>853844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>853844 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>853844 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.1% | Percent of Class Represented by Amount in Row (9)<br>0.1% |
| 12. | Type of Reporting Person (See Instructions)<br>OO, HC | Type of Reporting Person (See Instructions)<br>OO, HC |

---

| 1. | Names of Reporting Persons<br>Divesh Makan | Names of Reporting Persons<br>Divesh Makan |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>34353844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>34353844 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>34353844 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>34353844 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>5.1% | Percent of Class Represented by Amount in Row (9)<br>5.1% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

---

**Item 1(a). Name of Issuer:**
BLUE OWL CAPITAL INC.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
399 Park Avenue, New York, New York, 10022

**Item 2(a). Name of Person Filing:**
(i)	BB Holdings AC LP, a Delaware limited partnership ("BB Holdings AC"). 
(ii)	BB Holdings AA LP, a Delaware limited partnership ("BB Holdings AA" and, together with BB Holdings AC, the "ICQ Limited Partnerships"). 
(iii)	ICQ BB GP, LLC, a Delaware limited liability company ("ICQ BB"), is the general partner of the ICQ Limited Partnerships. 
(iv)	Co-Investment Portfolio 2021 LP, a Delaware limited partnership ("Co-Investment Portfolio 2021"). 
(v)	Co-Investment Portfolio GP II LP, a Delaware limited partnership ("Co-Investment Portfolio GP"), is the general partner of Co-Investment Portfolio 2021. 
(vi)	ICQ Co-Investment II TT GP, LLC, a Delaware limited liability company ("ICQ Co-Investment"), is the general partner of Co-Investment Portfolio GP. 
(vii)	ICONIQ Capital, LLC, a Delaware limited liability company ("ICONIQ Capital"), is the investment manager to Income Co-Investment Portfolio 2026 LP ("Co-Investment Portfolio 2026"). 
(viii)	ICONIQ Capital Group, L.P., a Delaware limited partnership ("ICONIQ Group"), is the sole member of ICONIQ Capital. 
(ix)	ICONIQ Capital Group GP, LLC, a Delaware limited liability company ("ICONIQ Group GP " and, together with ICQ BB and ICQ Co-Investment, the "Ultimate General Partners"), is the general partner of ICONIQ Group.
(x)	Divesh Makan, a citizen of the United States ("Makan" and, together with the ICQ Limited Partnerships, Co-Investment Portfolio 2021, ICONIQ Capital, the Ultimate General Partners, Co-Investment Portfolio GP, ICONIQ Group, the "Reporting Persons"), is the managing member of each of the Ultimate General Partners and may be deemed to have voting, investment, and dispositive power with respect to the shares held by the ICQ Limited Partnerships, Co-Investment Portfolio 2021, and Co-Investment Portfolio 2026.

**Item 2(b). Address of Principal Business Office:**
The address of the principal business office of each of the reporting persons is c/o ICONIQ Capital, 50 Beale Street, Suite 2300, San Francisco, CA 94105.

**Item 2(c). Citizenship:**
(i)	BB Holdings AC is a Delaware limited partnership. 
(ii)	BB Holdings AA LP is a Delaware limited partnership. 
(iii)	ICQ BB is a Delaware limited liability company. 
(iv)	Co-Investment Portfolio 2021 is a Delaware limited partnership. 
(v)	Co-Investment Portfolio GP is a Delaware limited partnership. 
(vi)	ICQ Co-Investment is a Delaware limited liability company. 
(vii)	ICONIQ Capital is a Delaware limited liability company. 
(viii)	ICONIQ Group is a Delaware limited partnership. 
(ix)	ICONIQ Group GP is a Delaware limited liability company.
(x)	Divesh Makan is a citizen of the United States.

**Item 2(d). Title of Class of Securities:**
Class A Common Stock, $0.0001 par value per share

**Item 2(e). CUSIP Number:**
—

**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:**

As of March 31, 2026:
(i)	BB Holdings AC directly owns 3,500,000 shares of Class A Common Stock.
(ii)	BB Holdings AA directly owns 20,000,000 shares of Class A Common Stock.
(iii)	ICQ BB may be deemed to beneficially own 23,500,000 shares of Class A Common Stock, held by the ICQ Limited Partnerships.
(iv)	Co-Investment Portfolio 2021 directly owns 10,000,000 shares of Class A Common Stock.
(v)	Co-Investment Portfolio GP may be deemed to beneficially own 10,000,000 shares of Class A Common Stock, held by Co-Investment Portfolio 2021.
(vi)	ICQ Co-Investment may be deemed to beneficially own 10,000,000 shares of Class A Common Stock, beneficially owned by the Co-Investment Portfolio GP.
(vii)	ICONIQ Capital may be deemed to beneficially own 853,844 shares of Class A Common Stock, held by Co-Investment Portfolio 2026.
(viii)	ICONIQ Group may be deemed to beneficially own 853,844 shares of Class A Common Stock, beneficially owned by ICONIQ Capital.
(ix)	ICONIQ Group GP may be deemed to beneficially own 853,844 shares of Class A Common Stock, beneficially owned by ICONIQ Group.
(x)	Makan may be deemed to beneficially own 34,353,844 shares of Class A Common Stock, held by the ICQ Limited Partnerships, Co-Investment Portfolio 2021, and Co-Investment Portfolio 2026.

**(b) Percent of class:**

As of March 31, 2026:
(i)	BB Holdings AC directly owns 3,500,000 shares of Class A Common Stock, which represents approximately 0.5% of the outstanding Class A Common Stock. The 3,500,000 shares of Class A Common Stock held by BB Holdings AC represents 0.5% of the aggregate combined voting power of the Class A Common Stock.
(ii)	BB Holdings AA directly owns 20,000,000 shares of Class A Common Stock, which represents approximately 3.0% of the outstanding Class A Common Stock. The 20,000,000 shares of Class A Common Stock held by BB Holdings AA represents 3.0% of the aggregate combined voting power of the Class A Common Stock.
(iii)	ICQ BB may be deemed to beneficially own 23,500,000 shares of Class A Common Stock, held by the ICQ Limited Partnerships, which represents approximately 3.5% of the outstanding Class A Common Stock. The 23,500,000 shares of Class A Common Stock beneficially owned by ICQ BB represents 3.5% of the aggregate combined voting power of the Class A Common Stock.
(iv)	Co-Investment Portfolio 2021 directly owns 10,000,000 shares of Class A Common Stock, which represents approximately 1.5% of the outstanding Class A Common Stock. The 10,000,000 shares of Class A Common Stock held by Co-Investment Portfolio 2021 represents 1.5% of the aggregate combined voting power of the Class A Common Stock.
(v)	Co-Investment Portfolio GP may be deemed to beneficially own 10,000,000 shares of Class A Common Stock, held by Co-Investment Portfolio 2021, which represents approximately 1.5% of the outstanding Class A Common Stock. The 10,000,000 shares of Class A Common Stock beneficially owned by Co-Investment Portfolio GP represents 1.5% of the aggregate combined voting power of the Class A Common Stock.
(vi)	ICQ Co-Investment may be deemed to beneficially own 10,000,000 shares of Class A Common Stock, beneficially owned by Co-Investment Portfolio GP, which represents approximately 1.5% of the outstanding Class A Common Stock. The 10,000,000 shares of Class A Common Stock beneficially owned by ICQ Co-Investment represents 1.5% of the aggregate combined voting power of the Class A Common Stock.
(vii)	ICONIQ Capital may be deemed to beneficially own 853,844 shares of Class A Common Stock, which represents approximately 0.1% of the outstanding Class A Common Stock. The 853,844 shares of Class A Common Stock held by Co-Investment Portfolio 2026 represents 0.1% of the aggregate combined voting power of the Class A Common Stock.
(viii)	ICONIQ Group may be deemed to beneficially own 853,844 shares of Class A Common Stock, beneficially owned by ICONIQ Capital, which represents approximately 0.1% of the outstanding Class A Common Stock. The 853,844 shares of Class A Common Stock beneficially owned by ICONIQ Group represents 0.1% of the aggregate combined voting power of the Class A Common Stock.
(ix)	ICONIQ Group GP may be deemed to beneficially own 853,844 shares of Class A Common Stock, beneficially owned by ICONIQ Group, which represents approximately 0.1% of the outstanding Class A Common Stock. The 853,844 shares of Class A Common Stock beneficially owned by ICONIQ Group GP represents 0.1% of the aggregate combined voting power of the Class A Common Stock.
(x)	Makan may be deemed to beneficially own 34,353,844 shares of Class A Common Stock, held by the ICQ Limited Partnerships, Co-Investment Portfolio 2021, and Co-Investment Portfolio 2026, which represents approximately 5.1% of the outstanding Class A Common Stock. The 34,353,844 shares of Class A Common Stock held by the ICQ Limited Partnerships, Co-Investment Portfolio 2021, and Co-Investment Portfolio 2026 and beneficially owned by Makan represents 5.1% of the aggregate combined voting power of the Class A Common Stock.
The percent of class was calculated based on 675,802,413 shares of Class A Common Stock outstanding as of March 31, 2026, as disclosed in the Issuer's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on May 1, 2026.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

As of March 31, 2026:
(i)	BB Holdings AC had sole power to vote or direct the vote of 3,500,000 shares of Class A Common Stock.
(ii)	BB Holdings AA had sole power to vote or direct the vote of 20,000,000 shares of Class A Common Stock.
(iii)	ICQ BB had sole power to vote or direct the vote of 23,500,000 shares of Class A Common Stock, held by the ICQ Limited Partnerships.
(iv)	Co-Investment Portfolio 2021 had sole power to vote or direct the vote of 10,000,000 shares of Class A Common Stock.
(v)	Co-Investment Portfolio GP had sole power to vote or direct the vote of 10,000,000 shares of Class A Common Stock, held by Co-Investment Portfolio 2021.
(vi)	ICQ Co-Investment had sole power to vote or direct the vote of 10,000,000 shares of Class A Common Stock, beneficially owned by the Co-Investment Portfolio GP.
(vii)	ICONIQ Capital had sole power to vote or direct the vote of 853,844 shares of Class A Common Stock.
(viii)	ICONIQ Group had sole power to vote or direct the vote of 853,844 shares of Class A Common Stock.
(ix)	ICONIQ Group GP had sole power to vote or direct the vote of 853,844 shares of Class A Common Stock.
(x)	Makan had sole power to vote or direct the vote of 34,353,844 shares of Class A Common Stock.

**(ii) Shared power to vote or to direct the vote:**

As of March 31, 2026, each of the Reporting Persons had shared power to vote or direct the vote of 0 shares of Class A Common Stock.

**(iii) Sole power to dispose or to direct the disposition of:**

As of March 31, 2026:
(i)	BB Holdings AC had sole power to dispose or direct the disposition of 3,500,000 shares of Class A Common Stock.
(ii)	BB Holdings AA had sole power to dispose or direct the disposition of 20,000,000 shares of Class A Common Stock.
(iii)	ICQ BB had sole power to dispose or direct the disposition of 23,500,000 shares of Class A Common Stock, held by the ICQ Limited Partnerships.
(iv)	Co-Investment Portfolio 2021 had sole power to dispose or direct the disposition of 10,000,000 shares of Class A Common Stock.
(v)	Co-Investment Portfolio GP had sole power to dispose or direct the disposition of 10,000,000 shares of Class A Common Stock, held by Co-Investment Portfolio 2021.
(vi)	ICQ Co-Investment had sole power to dispose or direct the disposition of 10,000,000 shares of Class A Common Stock, beneficially owned by the Co-Investment Portfolio GP.
(vii)	ICONIQ Capital had sole power to dispose or direct the disposition of 853,844 shares of Class A Common Stock.
(viii)	ICONIQ Group had sole power to dispose or direct the disposition of 853,844 shares of Class A Common Stock.
(ix)	ICONIQ Group GP had sole power to dispose or direct the disposition of 853,844 shares of Class A Common Stock.
(x)	Makan had sole power to dispose or direct the disposition of 34,353,844 shares of Class A Common Stock.

**(iv) Shared power to dispose or to direct the disposition of:**

As of March 31, 2026, each of the Reporting Persons had shared power to dispose or direct the disposition of 0 shares of Class A Common Stock.

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

The Reporting Persons expressly disclaim membership in a "group" as used in Rule 13d-5(b)(1).

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

**BB Holdings AC LP**

**Date:** 05/15/2026

**By:** /s/ Louis D. Thorne

**Name & Title:** Louis D. Thorne / Authorized Person of ICQ BB GP, LLC, its General Partner

**BB Holdings AA LP**

**Date:** 05/15/2026

**By:** /s/ Louis D. Thorne

**Name & Title:** Louis D. Thorne / Authorized Person of ICQ BB GP, LLC, its General Partner

**ICQ BB GP, LLC**

**Date:** 05/15/2026

**By:** /s/ Louis D. Thorne

**Name & Title:** Louis D. Thorne / Authorized Person

**Co-Investment Portfolio 2021 LP**

**Date:** 05/15/2026

**By:** /s/ Louis D. Thorne

**Name & Title:** Louis D. Thorne / Authorized Person of ICQ Co-Investment II TT GP, LLC, the General Partner of Co-Investment Portfolio GP II LP, its General Partner

**Co-Investment Portfolio GP II LP**

**Date:** 05/15/2026

**By:** /s/ Louis D. Thorne

**Name & Title:** Louis D. Thorne / Authorized Person of ICQ Co-Investment II TT GP, LLC, its General Partner

**ICQ Co-Investment II TT GP, LLC**

**Date:** 05/15/2026

**By:** /s/ Louis D. Thorne

**Name & Title:** Louis D. Thorne / Authorized Person

**ICONIQ Capital, LLC**

**Date:** 05/15/2026

**By:** /s/ Divesh Makan

**Name & Title:** Divesh Makan / Authorized Person of ICONIQ Capital Group GP, LLC, the General Partner of ICONIQ Capital Group, L.P., its sole member

**ICONIQ Capital Group, L.P.**

**Date:** 05/15/2026

**By:** /s/ Divesh Makan

**Name & Title:** Divesh Makan / Authorized Person of ICONIQ Capital Group GP, LLC, its General Partner

**ICONIQ Capital Group GP, LLC**

**Date:** 05/15/2026

**By:** /s/ Divesh Makan

**Name & Title:** Divesh Makan / Authorized Person

**Divesh Makan**

**Date:** 05/15/2026

**By:** /s/ Divesh Makan

**Name & Title:** Divesh Makan / Self