## Who Owns BlackRock Investment Company?
BlackRock, Inc. is an American multinational investment management corporation based in New York City. It is the world’s largest asset manager, with over $10 trillion in assets under management as of January 2023. BlackRock was founded in 1988 by Laurence D. Fink, Robert S. Kapito, and Susan Wagner.
BlackRock is a publicly traded company, and its shares are listed on the New York Stock Exchange. However, the majority of BlackRock’s shares are owned by a small group of institutional investors. The largest institutional investor in BlackRock is The Vanguard Group, which owns 7.9% of the company’s shares. Other major institutional investors in BlackRock include State Street Global Advisors, Capital Group, and BlackRock itself.
### Institutional Investors
The following is a list of the largest institutional investors in BlackRock, as of January 2023:
– The Vanguard Group: 7.9%
– State Street Global Advisors: 5.6%
– Capital Group: 4.9%
– BlackRock: 4.5%
– JPMorgan Chase & Co.: 3.2%
– Bank of America: 2.9%
– Wells Fargo & Company: 2.7%
– Goldman Sachs: 2.5%
– Morgan Stanley: 2.3%
– Citigroup: 2.1%
### Individual Investors
Individual investors also own a significant portion of BlackRock’s shares. As of January 2023, individual investors owned approximately 30% of the company’s shares. This makes BlackRock one of the most widely-held stocks in the world.
### Benefits of BlackRock Ownership
There are several benefits to owning BlackRock shares. First, BlackRock is a well-established company with a long history of success. The company has been profitable every year since its inception, and it has consistently outperformed the S&P 500 index.
Second, BlackRock is a diversified company with exposure to a wide range of asset classes. This means that BlackRock is less likely to be affected by any one particular market downturn.
Third, BlackRock is a well-managed company with a strong team of executives. The company’s CEO, Laurence D. Fink, is one of the most respected figures in the investment industry.
### Risks of BlackRock Ownership
There are also some risks associated with owning BlackRock shares. First, BlackRock is a large company, and it is therefore subject to the same risks as other large companies, such as political and regulatory risks.
Second, BlackRock is a heavily regulated company. This means that the company is subject to a variety of laws and regulations, which can impact its profitability.
Third, BlackRock is a cyclical company. This means that the company’s profitability is tied to the performance of the financial markets. When the markets are performing well, BlackRock does well. However, when the markets are performing poorly, BlackRock does poorly.
### Conclusion
BlackRock is a leading global investment manager with a long history of success. The company is well-diversified and well-managed, and it offers investors a variety of investment products and services. However, there are also some risks associated with owning BlackRock shares, such as the company’s size, its exposure to the financial markets, and its regulatory environment.
Investors should carefully consider these risks before investing in BlackRock.