Fink is the CEO and co-founder of BlackRock. The following individuals were considered BlackRock biggest shareholders among the company’s insiders, as of 6 March: These shares are granted to insiders by the company via stock options as part of their compensation package, or they could have been bought back when the firm was founded. BlackRock major shareholders among insidersĪnother data collector GuruFocus estimated that insiders owned 3.02% of all outstanding common shares of BlackRock at the time of writing. It was established in 1971 and named after its founder, an American investor Charles Robert Schwab. The fund is a major shareholder of Blackrock.Ĭharles Schwab Investment Management - 2.22%Ĭharles Schwab ( SCHW) offers investment management and advisory services, mainly in the US and the UK. Temasek invests the majority of its assets in Singapore, China and the Americas, including the US. The company is managed by the nation’s Minister of Finance. Temasek is the investment arm of the Singaporean government. This financial services firm may own BlackRock (BLK) stock through its various investment vehicles, including exchange-traded funds ( ETFs) and mutual funds. The Vanguard Group is a US-based asset management firm that oversees more than $8tn in assets for both individual and institutional investors. The following is a list of BlackRock major shareholders, according to data compiled by WallStreetZen as of 6 March. However, they can also opt to cast a vote on the company’s key decisions at BlackRock shareholders meetings. In most cases, individuals who buy BlackRock stock via brokers appoint them as a proxy, meaning that the broker can vote on their behalf. This means that over half of the Blackrock Inc shareholders were investment firms and asset managers, similar to BlackRock, which hold shares on behalf of their clients.Īll BLK shares have voting rights, meaning that shareholders of BlackRock have a say in the company’s affairs in line with the proportion of ownership they hold in the firm. Try demo Who are the shareholders of BlackRock?Īccording to the data from WallStreetZen as of 13 April, 61.87% of BLK shares were owned by institutional investors. In over two decades of trading, BLK stock rose to as high as $971 in September 2021, its record level. Back then, the company had $165bn in assets under management. It completed its initial public offering ( IPO) on the New York Stock Exchange ( NYSE) under the ticker symbol BLK at $14 a share. The company eventually became the leading player in the asset management industry.īlackRock became a publicly-traded company in 1999. The company is best known for bringing innovation to what is considered a very pragmatic field by developing innovative portfolio management software known as Aladdin.Īs time passed, Blackrock started to acquire the portfolios of several large firms, including Merrill Lynch Investment Management and Barclay’s Global Investors (BGI). Kapito, who wanted to make the financial advisory industry more transparent and efficient. Blackrock was founded in New York in 1988 by eight financial professionals, including Larry Fink, Susan Wagner, Barbara Novick and Robert S.
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