BlackRock in the U.S. | About BlackRock (2024)

My name is Petrushka Basin Larsen and my husband and I own Sugar Hill Creamery.

As a small business owner, I wanted a very secure personal financial foundation. I learned about low- fee ETFs and that if you decide to invest early and often you have options in the future.

Knowing that my self directed investments are working hard makes it a lot easier for us to focus on what were trying to build here.

Access to investing.

LEGAL:

Through our Shares* funds. BlackRock offers more US ETFs than anyone else.

This material does not constitute investment advice. Investment involves risks, including possible loss of principal.

Visit iShares.com to view a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and considercarefully before investing. Risks include principal loss. Prepared b yBlackRock Investments, LLC. ©2023 BlackRock, Inc. or its affillates. Al Rights Reserved. BLACKROCK and iSHARES are trademarksof BlackRock, Inc. or its affiliates. Source: ETFDB.com, as of 5/18/23, based on number of funds.

©2023 BlackRock, Inc. All rights reserved. RO 2938792

BlackRock in the U.S. | About BlackRock (2024)

FAQs

BlackRock in the U.S. | About BlackRock? ›

About BlackRock

What are some interesting facts about BlackRock? ›

Founded in 1988, through a combination of organic growth and acquisition the Manhattan-based investment management firm BlackRock has grown to have assets under management (AUM) of roughly 9.4 trillion U.S. dollars as of November 2023, making them the world's largest investment management company.

What is BlackRock in us? ›

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023.

What is BlackRock most known for? ›

We're an asset manager and one of the world's leading providers of investment, advisory, and risk management solutions. We're a fiduciary to our clients, and by investing on their behalf, we help millions of hardworking Americans experience financial well-being.

Who are the real owners of BlackRock? ›

BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

What does BlackRock own the most? ›

Latest Holdings, Performance, AUM (from 13F, 13D)

Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). BlackRock Inc.'s top holdings are Microsoft Corporation (US:MSFT) , Apple Inc. (US:AAPL) , Amazon.com, Inc. (US:AMZN) , NVIDIA Corporation (US:NVDA) , and Alphabet Inc.

Who is the biggest investor in BlackRock? ›

Larry Fink, one of the original eight Blackrock owners and founders, currently holds the positions of CEO and Chairman and is the largest individual shareholder of the company. As of 6 November 2023, he held 435,260 shares of the asset management firm.

Does BlackRock own Bank of America? ›

BlackRock owns over 491 million Bank of America shares, or 6.2% of its outstanding common stock. Its iShares Core S&P 500 ETF (IVV 0.66%) owns about 0.9% of Bank of America's shares.

How many homes does BlackRock own in the United States? ›

The truth is that Blackrock has not bought one house. They do not buy houses but there is a similar fund that does buy houses by the name of Blackstone.

What big companies does BlackRock own? ›

What companies does BlackRock own?
  • Merrill Lynch Investment Management. The company bought Merrill Lynch Investment Management in 2006 to expand its retail and international investment management capabilities. ...
  • Barclays Global Investor. ...
  • First Reserve Infrastructure Funds. ...
  • Kreos Capital. ...
  • eFront. ...
  • Aperio Group.
Mar 18, 2024

Why is BlackRock so powerful? ›

BlackRock is a global firm that combines the benefits of worldwide reach with local service and relationships. Investment centers in 25 cities (including New York, London, San Francisco, Tokyo, and Hong Kong) facilitate access to major capital markets.

Who are BlackRock's biggest clients? ›

Companies using BlackRock Aladdin for Portfolio and Investment Management include: Microsoft, a United States based Professional Services organisation with 221000 employees and revenues of $243.00 billion, MetLife, a United States based Insurance organisation with 45000 employees and revenues of $66.41 billion, Swiss ...

What is the reputation of BlackRock? ›

BlackRock's reputation for integrity is one of its most important assets, and compliance with anti-bribery and corruption laws is fundamental to business conduct.

Does BlackRock own Amazon? ›

BlackRock (BLK 1.41%): Owns 627,171,762 Amazon shares, or 6.04% of shares outstanding. New York City–based BlackRock is the largest institutional money manager on the globe, with more than $9.4 trillion in assets under management.

Which banks does BlackRock own? ›

BlackRock is either largest or one of largest shareholders in the behemoths of American banking industry namely.
  • JP Morgan Chase and Co.
  • Bank of America Corp.
  • Wells Fargo & Co.
  • Citigroup Inc.
  • US Barn Corp.
  • Truist Financial Corporation.
  • PNC Financial Corporation.
Dec 30, 2021

How powerful is BlackRock? ›

According to Jake Tran, BlackRock is a company that oversees $21 trillion via their AI, and it has over $9 trillion in public financial assets. It is one of the top shareholders in many of the top companies on the planet, including Apple, Microsoft, Amazon, Google, Tesla, J.P. Morgan, and Meta.

How did BlackRock get its name? ›

Blackrock, some hundreds of years ago, was variously called Newtown at-the-Black Rock, Newtown on the Strand by the Black Rock, Newtown Castle Byrne, or simply Newtown, so that “Blackrock” is simply an abbreviation of one of its ancient titles.

How did BlackRock get their name? ›

Larry Fink's BlackRock started as part of Blackstone. Fink suggested “BlackPebble or BlackRock” for a name when he branched out on his own, Schwarzman recalls.

Is BlackRock the richest company in the world? ›

Microsoft (NASDAQ: MSFT) was the largest company by market cap in early 2024 at $3.1 trillion. BlackRock clocked in at No. 113 at a $123 billion market cap. Although the investment firm managed $10 trillion in assets, those were client funds, not assets owned by BlackRock.

What is the world's largest hidden company? ›

BlackRock Inc. is a colossal force in the world of finance, with a history dating back to 1988 when it was founded by Larry Fink and several other financial experts. Over the decades, it has grown to become the world's largest asset manager, overseeing a staggering $9.42 trillion in assets as of June 2023.

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