BlackRock is one of the largest investment management companies in the world, with over $9 trillion in assets under management.
As of March 2023, the top ten institutional shareholders in BlackRock own a combined 31.98% of the outstanding shares of the company.
Here are the top shareholders in BlackRock and what their stakes are:
The Vanguard Group is the largest shareholder in BlackRock, owning 8.62% of the outstanding shares. As of the latest filings, the Vanguard Group holds 12,944,053 shares of BlackRock, worth around $8.9 billion.
BlackRock Fund Advisors is the second-largest shareholder in BlackRock, owning 4.77% of the outstanding shares. As of the latest filings, BlackRock Fund Advisors holds 7,168,047 shares of BlackRock, worth around $4.9 billion.
SSgA Funds Management is the third-largest shareholder in BlackRock, owning 4.21% of the outstanding shares. As of the latest filings, SSgA Funds Management holds 6,319,916 shares of BlackRock, worth around $4.4 billion.
Temasek Holdings is a Singaporean investment company and the fourth-largest shareholder in BlackRock, owning 3.39% of the outstanding shares. As of the latest filings, Temasek Holdings holds 5,092,825 shares of BlackRock, worth around $3.5 billion.
Charles Schwab Investment Management is the fifth-largest shareholder in BlackRock, owning 2.22% of the outstanding shares. As of the latest filings, Charles Schwab Investment Management holds 3,335,602 shares of BlackRock, worth around $2.3 billion.
Managed Account Advisors is the sixth-largest shareholder in BlackRock, owning 2.12% of the outstanding shares. As of the latest filings, Managed Account Advisors holds 3,186,996 shares of BlackRock, worth around $2.2 billion.
Capital Research & Management is the seventh-largest shareholder in BlackRock, owning 1.77% of the outstanding shares. As of the latest filings, Capital Research & Management holds 2,652,705 shares of BlackRock, worth around $1.8 billion.
Geode Capital Management is the eighth-largest shareholder in BlackRock, owning 1.75% of the outstanding shares. As of the latest filings, Geode Capital Management holds 2,623,051 shares of BlackRock, worth around $1.8 billion.
Capital Research & Management is the ninth-largest shareholder in BlackRock, owning 1.54% of the outstanding shares. As of the latest filings, Capital Research & Management holds 2,315,976 shares of BlackRock, worth around $1.6 billion.
Morgan Stanley Smith Barney is the tenth-largest shareholder in BlackRock, owning 1.41% of the outstanding shares. As of the latest filings, Morgan Stanley Smith Barney holds 2,112,111 shares of BlackRock, worth around $1.5 billion.
These top shareholders in BlackRock are primarily institutional investors, with a few individual investors mixed in.
It's worth noting that the top three shareholders - The Vanguard Group, BlackRock Fund Advisors, and SSgA Funds Management - own a combined 17.6% of the outstanding shares of BlackRock.
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.