TMGM

Who Owns BlackRock? Here’s a List of the Top 10 Shareholders

Founded in 1988, BlackRock, Inc. is the world’s largest asset manager, overseeing more than $11 trillion in assets under management (AUM). As the operator of the iShares suite of exchange-traded funds (ETFs), it is recognized as one of the Big Three index fund managers. The company’s annual revenue surpassed $20 billion in 2024, marking a 14% increase compared to 2023, reflecting its sustained growth trajectory. This positions BlackRock as a leading investment opportunity, and in this article, we will examine the top ten shareholders of BlackRock.

BlackRock Shareholders’ Ownership Structure

BlackRock was established to guide individuals and institutions globally in managing their investments. It provides a wide range of asset management services. Since 2012, BlackRock has grown to employ over 19,000 professionals worldwide.

As a publicly traded company, all shares are listed on the stock exchange, and the company is governed by an independent board of directors responsible for strategic decision-making.

Top 5 Institutional Shareholders

#1 Vanguard Group

As one of the Big Three index fund managers, Vanguard Group operates globally, providing investment solutions and asset management services to millions of clients. Vanguard holds 13.31 million shares, representing 8.59% of BlackRock’s total shares, valued at $13.39 billion.

#2 BlackRock Inc.

BlackRock itself ranks second, owning 6.22% of total shares, approximately 9.63 million shares, valued at $9.69 billion.

#3 State Street Corporation

Founded in 1792, State Street offers investment and asset management services and is the second-oldest operating bank in the United States. It holds 5.98 million BlackRock shares, about 3.86% of total shares, valued at $6 billion.

#4 Bank of America Corporation

As the world’s second-largest bank by market capitalization, Bank of America’s core financial services include commercial banking, wealth management, and investment banking. It holds 5.26 million shares, representing 3.4% of BlackRock’s total shares, valued at $5.29 billion.

#5 Temasek Holdings

This Singapore-based global investment company is wholly owned by the Singaporean government. It holds 5.09 million shares, valued at $5.1 billion.

Top 5 Individual Shareholders

#1 Susan Wagner

Although retired as co-founder, Wagner continues to serve on the board. Her holdings are valued at $352.9 million, making her the largest individual shareholder.

#2 Laurence Fink

As chairman and CEO, it is expected that Fink ranks second among individual shareholders. He co-founded BlackRock and has served on multiple boards. He owns approximately 0.27% of BlackRock’s shares, valued at $341.6 million.

#3 Robert Kapito

As one of the original eight founders, Kapito currently serves as president and director. He holds about 0.14% of total shares, valued at $179.1 million.

#4 J. Richard Kushel

Before his current role as Senior Managing Director, Kushel held several positions within the company, including Chief Product Officer. He currently owns approximately 0.04% of shares, valued at $55.4 million.

#5 Murry Gerber

As BlackRock’s current Lead Independent Director, Gerber holds shares valued at $35.2 million, ranking fifth among individual shareholders.

As a well-established publicly traded corporation, BlackRock attracts numerous shareholders aiming to benefit from its capital appreciation. This positions BlackRock as an attractive long-term buy-and-hold investment.

BlackRock’s robust institutional support and strong leadership make it a compelling option for investors. Whether you’re seeking exposure to global financial leaders or aiming to diversify your portfolio with CFDs, TMGM offers the tools and market access necessary for informed trading decisions.

Trade with TMGM today to benefit from institutional-grade liquidity, competitive spreads, and advanced trading platforms.

Start Trading Now | Learn More About Our Market Offerings