| BlackRock headquarters in Midtown Manhattan, New York City. | Founders Rob Kapito Larry Fink | Headquarters New York City, New York, U.S. | Area served Worldwide | Key people Larry Fink (Chairman and CEO) Rob Kapito (President) |
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Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 7.9% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 7.1% and 5.2%, of the shares outstanding, respectively.
| Stockholder Stake Total value ($) | The Vanguard Group, Inc. 7.57% 10,866,394,231 | Capital Research & Management Co.... 5.17% 7,418,377,804 | BlackRock Fund Advisors 4.54% 6,510,181,022 | SSgA Funds Management, Inc. 4.18% 6,001,905,241 |
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Major Shareholder means an individual, corporation, partnership, association, joint‐stock company, business trust, or unincorporated organization that is directly or indirectly the beneficial owner of more than 10 percent of any class of an equity security of an insurer .
Who is bigger Vanguard or BlackRock?
Overall, Vanguard manages $7.9 trillion globally, BlackRock $9.5 trillion, SSGA $3.9 trillion and Capital Group $2.3 trillion.
Is BlackRock a good company?
One of the companies that made our list of Best Employers was asset management firm BlackRock, which ranked number 30 out of the 200 companies , with 73 percent of its employees reporting high job satisfaction.
Who are BlackRock’s clients?
Clients include tax-exempt institutions , such as defined benefit and defined contribution pension plans, charities, foundations and endowments; official institutions, such as central banks, sovereign wealth funds, supranationals and other government entities; taxable institutions, including insurance companies, ...
Why is BlackRock so successful?
BlackRock is the world’s largest asset manager its scale allows it to do what no other asset management firm can do. Its innovative culture is what has allowed it to become the world’s largest asset manager in less than 30 years.
The Gates’ trust owned 1 million Apple shares at the end of 2020 , but by March 31, it had sold them. Apple stock has been underperforming the market. Shares slid 8% in the first quarter, and so far in the second quarter, they are up 2.7%.
A shareholder, also referred to as a stockholder, is a person, company, or institution that owns at least one share of a company’s stock , which is known as equity. Because shareholders are essentially owners in a company, they reap the benefits of a business’ success.
The Vanguard Group, Inc. is currently the company’s largest shareholder with 7.5% of shares outstanding. For context, the second largest shareholder holds about 6.3% of the shares outstanding, followed by an ownership of 5.3% by the third-largest shareholder.
Why is BlackRock special?
BlackRock is the world’s largest asset manager its scale allows it to do what no other asset management firm can do. ... Its innovative culture is what has allowed it to become the world’s largest asset manager in less than 30 years.
What is the biggest fund in the world?
The world’s largest sovereign wealth fund in 2021 was Norway Government Pension Fund , managing assets reaching around 1.36 trillion U.S. dollars. The fund is also known as Norway’s oil fund and was established in 1969 after Norway’s discovery of oil in the North Sea.
Is BlackRock the largest asset manager?
1. BlackRock controls $9 trillion, making it the largest money manager in the world . ... BlackRock’s makes most of its money handling investments for outside clients, mostly institutions like public pension plans, endowments, and foundations.
What is wrong with BlackRock?
BlackRock is the among largest financiers of climate destroying industries , including both fossil fuels and the industrial commodity crops, like palm oil, that drive widespread deforestation, as well as the banks and brands that drive demand for these commodities.
