BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the worlds largest asset manager, with US$8.59 trillion in assets under management as of December 31, 2022.
Company profile
Ticker
BLK
Exchange
Website
CEO
Laurence Fink
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BlackRock, Inc., New BlackRock, Inc.
SEC CIK
Corporate docs
Subsidiaries
Acero Holdings I B.V. • Amethyst Intermediate, LLC • AnalytX LLC • AnalytX Hosting LLC • AnalytX Software LLC • Aperio Group, LLC • Aperio Holdings, LLC • Asia-Pacific Private Credit Opportunities Fund I (GenPar) (GP) Ltd. • Asia Property AU 1 Pty Ltd • Asia Property AU 2 Pty Ltd ...
IRS number
320174431
SEC advisor number
801-76926
FINRA CRD number
164594
AUM ?
$50.66 bn
(as of 17 May 24)
Accounts
118
(as of 17 May 24)
Employees
214
(99 investment advisory or research)
Address
Blackrock
50 HUDSON YARDS
NEW YORK
NY 10001
50 HUDSON YARDS
NEW YORK
NY 10001
Phone
212-810-5300
BLK stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
17 May 24
PX14A6G
Letter to shareholders
13 May 24
10-Q
2024 Q1
Quarterly report
7 May 24
PX14A6G
Letter to shareholders
6 May 24
DEFA14A
Additional proxy soliciting materials
3 May 24
PX14A6G
Letter to shareholders
1 May 24
PX14A6G
Letter to shareholders
30 Apr 24
PX14A6G
Letter to shareholders
26 Apr 24
8-K
BlackRock Reports First Quarter 2024 Diluted EPS of $10.48, or $9.81 as adjusted
12 Apr 24
PX14A6G
Letter to shareholders
10 Apr 24
Transcripts
BLK
Earnings call transcript
2024 Q1
12 Apr 24
BLK
Earnings call transcript
2023 Q4
12 Jan 24
BLK
Earnings call transcript
2023 Q3
13 Oct 23
BLK
Earnings call transcript
2023 Q2
14 Jul 23
BLK
Earnings call transcript
2023 Q2
14 Jul 23
BLK
Earnings call transcript
2023 Q1
14 Apr 23
BLK
Earnings call transcript
2022 Q4
13 Jan 23
BLK
Earnings call transcript
2022 Q3
13 Oct 22
BLK
Earnings call transcript
2022 Q2
15 Jul 22
BLK
Earnings call transcript
2022 Q1
13 Apr 22
Latest ownership filings
4
Mark Wiedman
14 May 24
144
Notice of proposed sale of securities
10 May 24
13F-HR
Quarterly holdings report by institutional manager
10 May 24
SC 13G/A
CORPAY, INC.
10 May 24
SC 13G/A
iSHARES TRUST
8 May 24
SC 13G/A
EURONET WORLDWIDE, INC.
8 May 24
SC 13G/A
Vizio Holding Corp.
8 May 24
SC 13G/A
Vistra Corp.
8 May 24
SC 13G/A
iSHARES TRUST
8 May 24
SC 13G/A
iSHARES TRUST
8 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.39 bn | 9.39 bn | 9.39 bn | 9.39 bn | 9.39 bn | 9.39 bn |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 136.00 mm | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 215.18 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 9.18 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 67.5 | n/a |
Institutional ownership, Q4 2023
60.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1596 |
Opened positions | 217 |
Closed positions | 351 |
Increased positions | 509 |
Reduced positions | 675 |
13F shares | Current |
---|---|
Total value | 69.13 tn |
Total shares | 89.87 mm |
Total puts | 392.17 k |
Total calls | 214.03 k |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 12.89 mm | $10.46 tn |
STT State Street | 5.86 mm | $4.75 tn |
Temasek | 5.10 mm | $4.14 tn |
Capital Research Global Investors | 3.92 mm | $3.18 tn |
MS Morgan Stanley | 3.89 mm | $3.16 tn |
Capital World Investors | 3.51 mm | $2.85 tn |
Charles Schwab Investment Management | 3.18 mm | $2.57 tn |
JPM JPMorgan Chase & Co. | 2.57 mm | $2.08 tn |
WFC Wells Fargo & Co. | 2.56 mm | $2.08 tn |
Capital International Investors | 2.47 mm | $2.01 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 May 24 | Wiedman Mark | Common Stock | Sell | Dispose S | No | No | 795 | 9,000 | 7.16 mm | 6,480 |
10 May 24 | Wiedman Mark | Common Stock | Option exercise | Acquire M | No | No | 513.5 | 9,000 | 4.62 mm | 15,480 |
10 May 24 | Wiedman Mark | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 513.5 | 9,000 | 4.62 mm | 99,190 |
28 Mar 24 | Alsaad Bader M. | Common Stock | Grant | Acquire A | No | No | 0 | 7 | 0.00 | 1,899 |
28 Mar 24 | Daley Pamela | Common Stock | Grant | Acquire A | No | No | 0 | 42 | 0.00 | 7,214 |
28 Mar 24 | Ford William E | Common Stock | Grant | Acquire A | No | No | 0 | 39 | 0.00 | 15,921 |
28 Mar 24 | Freda Fabrizio | Common Stock | Grant | Acquire A | No | No | 0 | 30 | 0.00 | 7,546 |
News
Nvidia-Backed AI Firm CoreWeave Secures $7.5B In Debt Financing: Report
17 May 24
CME Group Eyes Bitcoin Trading Amid Surging Wall Street Demand (UPDATED)
16 May 24
US Inflation Data Prematurely Released By Accident, Yet Traders Missed Golden Opportunity
16 May 24
Vanguard Appoints Former BlackRock Executive Salim Ramji As New CEO
15 May 24
10 Financials Stocks With Whale Alerts In Today's Session
13 May 24
Press releases
BlackRock Declares Quarterly Dividend of $5.10 on Common Stock
15 May 24
BlackRock® Canada Announces May Cash Distributions for the iShares® ETFs and a Reinvested Distribution for iShares Canadian Real Return Bond Index ETF
15 May 24
Bitcoin Drops 10 percent Post-Halving — Is It Still a Smart Buy in May 2024
14 May 24
Cboe Continues To Increase Financial Access, Now Offers More Than 1,000 ETFs
13 May 24
BlackRock Invests in Willow to Support Growth of NextGen Investors
2 May 24