who owns blackrock

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Image Credit: BlackRock Remains The Leader Of The Industry – Shares Are …

Laurence D. Fink

What companies are owned by Blackrock?

BLACKROCK (NYSE: BLK) is owned by 80.01% institutional shareholders, 48.27% BLACKROCK insiders, and 0.00% retail investors. Merrill Lynch Co Inc is the largest individual BLACKROCK shareholder, owning 67.13M shares representing 44.15% of the company.

How many homes does Blackrock own?

Blackrock (NYSE:BLK) is owned by 85.05% institutional shareholders and by 1.11% insiders. The rest is owned by the public. The largest institutional owner of Blackrock is “Vanguard Group Inc”, owning 8.05% of the company’s total share outstanding. The largest mutual fund owner of Blackrock is “Capital Group Wash Mutual Invtrs Comp”, owning 2.71% of the company’s total …

Is Blackrock publicly traded?

Nov 08, 2021 · Who Owns BlackRock? While Larry Fink is the figurehead of BlackRock, being its founder, chairman and chief executive officer, he’s not the sole decision maker, as BlackRock too is owned by shareholders. Here we find yet another curiosity, as the largest shareholder of BlackRock is Vanguard. “This is where it gets dark,” Gielen says.

Who owns Blackrock TCP cap Corp?

Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.

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158 rows · Who bought or sold BlackRock this quarter? Fund or Company Name. Shares Held. Valued At. Change in Shares. As Of. Bank of America Corporation. 5.3M. $4.8B.

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Image Credit: History of BlackRock investment company

Is BlackRock an American company?

BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with US$10 trillion in assets under management as of January 2022.

Who owns BlackRock and Vanguard?

Several mutual funds managed by Vanguard are ranked at the top of the list of US mutual funds by assets under management. Along with BlackRock and State Street, Vanguard is considered one of the Big Three index fund managers that dominate corporate America. The Vanguard Group, Inc.

The Vanguard Group.
Type Private
Website www.vanguard.com

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Is BlackRock an Israeli company?

BlackRock is a global investment manager, serving the Israeli market since 2007.

Is BlackRock a private company?

1 As a major publicly traded company with a market capitalization of about $112.3 billion, BlackRock provides investment and technology services to both institutional and retail clients around the world.

Who is CEO of BlackRock?

Laurence Douglas Fink is an American billionaire businessman. He is the chairman and CEO of BlackRock, an American multinational investment management corporation.

Wikipedia

Who is the largest shareholder of BlackRock?

The Vanguard Group, Inc.
Top 10 Owners of BlackRock Inc
Stockholder Stake Shares owned
The Vanguard Group, Inc. 7.66% 11,643,279
Capital Research & Management Co…. 5.09% 7,737,458
BlackRock Fund Advisors 4.59% 6,985,493
SSgA Funds Management, Inc. 4.30% 6,539,029

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Is BlackRock owned by China?

It is the first foreign-owned, asset management company based outside of China that has received approval from Chinese President Xi Jinping to start a mutual fund business in the country, according to Reuters.Dec 2, 2021

Who is bigger Vanguard or BlackRock?

These two companies are the powerhouses in the industry. Vanguard has $7.9 trillion in assets under management, and Blackrock has $9.5 trillion.Feb 2, 2022

What companies is BlackRock invested in?

  • Name% Change.
  • SPY (CALL) SPDR S&P 500 ETF TRUST 0.25%
  • PYPL PayPal Holdings Inc 0.23%
  • DIS Walt Disney Co. ( The) 0.11%
  • JPM JPMorgan Chase & Co…
  • SPY (PUT) SPDR S&P 500 ETF TRUST 0.08%

Is BlackRock the richest company in the world?

1. BlackRock oversees $10 trillion, making it the largest money manager in the world. As of December 2021, BlackRock manages a staggering $10 trillion of other people’s money. That’s more than the gross domestic product of every country in the world, except for the US and China.Mar 10, 2022

Is Blackstone related to BlackRock?

In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. Between 1995 and 2014, PNC reported $12 billion in pretax revenues and capital gains from BlackRock, Schwarzman later described the selling of BlackRock as his worst business decision ever.
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Blackrock Ownership Highlights

Blackrock has 152.20M shares outstanding and 142.52M shares float, representing 93.64% of BLK’s total shares outstanding.

Top 10 Institutional Owners of Blackrock (BLK)

The top 10 institutional shareholders of Blackrock together own 61.41M shares, representing 40.35% of Blackrock’s total shares outstanding.

Top 10 Mutual Funds Holding Blackrock (BLK)

The top 10 mutual funds shareholders of Blackrock together hold 24.56M shares, representing 16.14% of Blackrock’s total shares outstanding.

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Image Credit: BlackRock on the Forbes World's Best Employers List

Who Owns Blackrock?

The largest institutional shareholders of Blackrock are “Vanguard Group Inc” , “BlackRock Inc” and “Capital World Investors”. Those three own together 19.37% of BLK’s total shares outstanding.

What is BlackRock’s mission?

BlackRock’s mission is to help investors build better financial futures and the firm is trusted to manage more money than any other investment company in the world. Mr. Fink has been named one of the “World’s Greatest Leaders” by Fortune, and Barron’s has named him one of the “World’s Best CEOs” for 15 consecutive years.

Who is Laurence Fink?

Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions. BlackRock’s mission is to help investors build better financial futures and the firm is trusted to manage more money than any other investment company in the world. Mr. Fink has been named one of the “World’s Greatest Leaders” by Fortune, and Barron’s has named him one of the “World’s Best CEOs” for 15 consecutive years.

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Who is the founder of Blackstone?

Blackstone’s co-founder, billionaire Steve Schwarzman, said during an interview on Squawk Box that he and Fink “ started in business together. We put up the initial capital. ” BlackRock used to be called Blackstone Financial, but Fink went off on his own.

Why is BlackRock called the 4th branch of government?

Bloomberg calls BlackRock ‘The fourth branch of government,’ because it’s the only private agency that closely works with the central banks. BlackRock lends money to the central bank but it’s also the advisor. It also develops the software the central bank uses.

Who is the largest landlord in the US?

Blackstone Is the Largest Landlord in the US. Another giant private equity firm, Blackstone, is also deeply entrenched in U.S. real estate. Blackstone is the largest landlord in the U.S. as well as the largest real estate company worldwide, with a portfolio worth $325 billion.

Overview

History

BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson to provide institutional clients with asset management services from a risk management perspective. Fink, Kapito, Golub and Novick had worked together at First Boston, where Fink and his team were pioneers in the mortgage-backed securitiesmarket in the United States. During Fink’s tenure, he had lost $100 million as h…

Ownership and transparency

By investing clients’ 401(k)s and other investments, BlackRock is a top shareholder in many competing publicly traded companies. For example, see the percentage of shares held by BlackRock in: Apple (NasdaqGS: 6.34%) and Microsoft (NasdaqGS: 6.77%), Wells Fargo & Co (NYSE: 4.30%) and JPMorgan Chase & Co (NYSE: 4.41%). This concentration of ownership has raised concerns of possible anticompetitive behavior. A 2014 study titled “Anticompetitive Effect…

Finances

As of 2021, BlackRock ranked 192 on the Fortune 500 list of the largest United States corporations by revenue.
In 2020, the non-profit American Economic Liberties Project issued a report highlighting the fact that “the ‘Big Three’ asset management firms—BlackRock, Vanguard and State Street—manage over $15 trillion in combined global assets under management, an amount equivalent to more than th…

BlackRock Solutions

In 2000, BlackRock launched BlackRock Solutions, the analytics and risk management division of BlackRock, Inc. The division grew from the Aladdin System(which is the enterprise investment system), Green Package (which is the Risk Reporting Service) PAG (portfolio analytics) and AnSer (which is the interactive analytics). BlackRock Solutions (BRS) serves two roles within BlackRock. First, BlackRock Solutions is the in-house investment analytics and “process engineering” depart…

ESG investing

In 2017, BlackRock expanded its presence in sustainable investing and environmental, social and corporate governance (ESG) with new staff and products both in the USA and Europe with the aim to lead the evolution of the financial sector in this regard.
BlackRock started using its weight to draw attention to environmental and diversity issues by means of official letters to CEOs and shareholder votes together with activist investorsor investo…

Investments in China

In August 2021, BlackRock set up its first mutual fund in China after raising over one billion dollars from 111,000 Chinese investors. BlackRock became the first foreign-owned company allowed by the Chinese government to operate a wholly-owned business in China’s mutual fund industry. Writing in The Wall Street Journal, George Sorosdescribed BlackRock’s initiative in China as a “tragic mistake” that would “damage the national security interests of the U.S. and other democr…

Investments in India

The firm maintains a dedicated India Fund, through which it invests in Indian start-ups like Byju’s, GoWork, Paytm, Pine Labs, etc. As of 2020, it’s lowering its investment in the country while increasing investment in China.

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