As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM one year earlier, as of 2022. The total assets under management of BlackRock Inc. almost doubled between 2016 and 2023, reaching a value which makes them the world’s largest asset management company.
Which assets do BlackRock manage?
The company manages a wide range of assets: equity, fixed income, multi-assets, and alternatives, but their assets under management are also counted in cash management and advisory. As of 2022, the largest proportion of BlackRock’s AUM was equity, which accounted for mote than half of their total AUM that year.
Which are their leading funds?
BlackRock manages several different types of funds in several different asset classes: exchange traded funds (ETFs), mutual funds, and close-end funds. As of 2023, the ETF iShares Core S&P 500 was the company’s leading fund, which corresponds to the performance of common stocks in the S&P 500 Index.
FAQs
As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM one year earlier, as of 2022. The total assets under management of BlackRock Inc.
How much assets under management does BlackRock have? ›
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. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.
Who is the largest AUM in the world 2023? ›
BlackRock remains the world's largest asset manager overall.
What is BlackRock top holdings 2023? ›
Top 50 BlackRock Holdings
| Stock | Company Name | Ownership Hist |
|---|
| AMZN | Amazon Com Inc | 2023-12-31 |
| NVDA | Nvidia Corporation | 2023-12-31 |
| GOOGL | Alphabet Inc | 2023-12-31 |
| META | Meta Platforms Inc | 2023-12-31 |
52 more rowsBlackRock Reports Full Year 2023 Diluted EPS of $36.51, or $37.77 as adjusted Fourth Quarter 2023 Diluted EPS of $9.15, or $9.66 as adjusted. New York, January 12, 2024 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2023.
Does BlackRock have $10 trillion in assets? ›
BlackRock (BLK) Hits Record Assets of $10.5 Trillion With Bond Inflows - Bloomberg.
Is BlackRock the world's largest asset manager? ›
BlackRock, the world's largest asset manager, is all-in on Saudi.
Who owns BlackRock? ›
BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders. The specifics of these shareholders can change over time.
What is BlackRock ranked in the world? ›
BlackRock ranks 20th in the Financial System Benchmark. It is the third top performing asset manager in the benchmark and the second top performing financial institution from North America.
Who are the top 5 asset managers in the world? ›
The top 5 of asset managers included in this ranking are BlackRock, 9,464 US$b, (They hit 10tn AUM as per December 2021), Vanguard, with 8,400 US$b, UBS Group, one of two European Asset Managers who made the Top 10 with 4,432 US$b, Fidelity with 4,230 US$b, and State Street Global Advisors with 3,860 US$b.
BlackRock is the world's largest asset management company, not a secretive organization controlling the world. It manages trillions of dollars in assets for individuals and institutions worldwide. While it wields significant influence due to its size and reach, it does not have direct control over global affairs.
Who is the biggest investor in BlackRock? ›
Laurence D.
Fink is the CEO and co-founder of BlackRock. Along with seven colleagues, he started the company. As of 31 January 2023, he owned 520,126 making him the biggest individual shareholder.
What is bigger than BlackRock? ›
Some examples of companies that are currently larger than BlackRock in terms of market capitalization include: - Apple Inc. - Facebook Inc. - Tesla Inc.
Is BlackRock going under? ›
The Probability of Bankruptcy of BlackRock Inc (BLK) is 5.9% . This number represents the probability that BlackRock will face financial distress in the next 24 months given its current fundamentals and market conditions.
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.
How is BlackRock doing financially? ›
April 12 (Reuters) - Assets at BlackRock (BLK.N) , opens new tab hit a record $10.5 trillion in the first quarter and the firm posted a 36% jump in profit as rising global equity markets boosted its investment advisory and administration fees, the world's largest asset manager said on Friday.
What company has the most assets under management? ›
How much AUM does BlackRock have compared to countries? ›
BlackRock is the largest asset manager in the world and has AUM of $9.5 trillion. That's larger than the GDP of all countries on Earth except the US and China. And the company just keeps getting bigger - adding a whopping $81 billion in AUM in Q2 alone.
How much does the CEO of BlackRock earn? ›
BlackRock's CEO took home $26.9m for fiscal year 2023.
Stock awards formed the bulk of Finks' compensation. He also received a bonus of $7.9m, a base annual salary of $1.5m and 'all other compensation,' which included security and other contributions, of $1m.
Who is the biggest shareholder in BlackRock fund? ›
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.
