How many funds are managed by BlackRock?
As of July 31, 2023, the world's largest asset management company, BlackRock, operated a total of 517 equity funds. This was the highest of any asset class, followed by fixed income assets with 316 funds.
BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.
Now, it is the world's largest asset manager with $10 trillion currently in its portfolio. According to Marketwatch, there is currently around $40 trillion in circulation around the world — which means BlackRock manages a quarter of the world's money.
- Barclays Global Investors (BGI) in 2009: Acquiring BGI, including its iShares ETF platform, was a transformative move for BlackRock, propelling it to become the leading asset manager globally.
As of the end of 2021, BlackRock owned approximately 11% of the index, Vanguard owned approximately 10%, and State Street owned approximately 7%. So in total, the three companies own about 28% of the S&P 500.
with 9.4% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 8.0% of common stock, and State Street Global Advisors, Inc. holds about 4.2% of the company stock.
Blackrock
With 613.38 million shares valued at $90.18 billion, it ranks as the third-largest shareholder among Amazon's top ten and the second-biggest institutional shareholder. These holdings represent 5.94% of Amazon's total outstanding stock. As of September 30, 2023, Blackrock managed assets totaling $9.1 trillion.
The myth that BlackRock and Vanguard control the world's wealth and make all financial decisions is far from the truth. These companies, while significant players in the world of asset management, operate within a vast and interconnected financial ecosystem.
BlackRock CEO Larry Fink took a 30% paycut in 2022. BlackRock Inc. reduced Chief Executive Larry Fink's total compensation to $25.2 million for 2022, a 30% decline from the previous year, according to a regulatory filing.
BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders. The specifics of these shareholders can change over time.
How BlackRock controls the world?
It manages trillions of dollars in assets for individuals and institutions worldwide. While it wields significant influence due to its size and reach, it does not have direct control over global affairs. Its investment decisions can impact markets, but the idea of it controlling the world is an exaggeration.
According to Jake Tran, BlackRock is a company that oversees $21 trillion via their AI, and it has over $9 trillion in public financial assets. It is one of the top shareholders in many of the top companies on the planet, including Apple, Microsoft, Amazon, Google, Tesla, J.P. Morgan, and Meta.
Who is Tesla owned by? The largest individual Tesla shareholder is Elon Musk, who owns about 13% of the company's common stock. Vanguard and BlackRock are the two largest institutional investors, owning about 7.2% and 5.9% of outstanding shares, respectively.
According to the latest SEC filing, BlackRock, another major institutional Disney owner, held 121,502,764 DIS shares as of Q4 2023. This was about 6.62% of the company's outstanding shares. Founded 36 years ago in 1988, today Blackrock is one of the biggest and best-known financial services companies in the world.
Vanguard is the world's second-largest investment company or brokerage firm, offering a range of active and passive options, as well as a competitive fee structure and other attractive selling points. BlackRock, Inc. is the world's largest investment firm and asset manager.
Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.
Vanguard is owned by the funds managed by the company and is therefore owned by its customers. Vanguard offers two classes of most of its funds: investor shares and admiral shares.
BlackRock is an independently managed public company with no single majority stockholder. The PNC Financial Services Group, Inc. has a minority ownership stake in BlackRock with the remainder owned by institutional and individual investors, as well as BlackRock employees.
2024-02-01 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 415,076,460 shares of Alphabet Inc. (US:GOOGL). This represents 7.0 percent ownership of the company.
What does BlackRock own the most?
Latest Holdings, Performance, AUM (from 13F, 13D)
Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). BlackRock Inc.'s top holdings are Microsoft Corporation (US:MSFT) , Apple Inc. (US:AAPL) , Amazon.com, Inc. (US:AMZN) , NVIDIA Corporation (US:NVDA) , and Alphabet Inc.
| Stock | Company Name | Ownership Hist |
|---|---|---|
| MSFT | Microsoft Corp | 2023-12-31 |
| AAPL | Apple Inc | 2023-12-31 |
| AMZN | Amazon Com Inc | 2023-12-31 |
| NVDA | Nvidia Corporation | 2023-12-31 |
Our reputation for integrity is one of our most important assets. We hold ourselves to standards that not only meet those required by the laws and regulations that apply to us, but also to our principles, which are rooted in exceeding our clients' expectations.
Some examples of companies that are currently larger than BlackRock in terms of market capitalization include: - Apple Inc. - Facebook Inc. - Tesla Inc.
As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM one year earlier, as of 2022.
