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 30 May 24)
Accounts
118
(as of 30 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
Entry into a Material Definitive Agreement
31 May 24
S-8
Registration of securities for employees
21 May 24
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
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
LAURENCE FINK
23 May 24
144
Notice of proposed sale of securities
20 May 24
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
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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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 | 284.55 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 9.11 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 67.0 | n/a |
Institutional ownership, Q1 2024
76.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1833 |
Opened positions | 383 |
Closed positions | 150 |
Increased positions | 625 |
Reduced positions | 595 |
13F shares | Current |
---|---|
Total value | 89.96 tn |
Total shares | 113.26 mm |
Total puts | 1.32 mm |
Total calls | 1.17 mm |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 13.18 mm | $10.99 tn |
BLK Blackrock | 9.60 mm | $8.01 tn |
STT State Street | 5.93 mm | $4.94 tn |
BAC Bank Of America | 5.20 mm | $4.33 tn |
Temasek | 5.12 mm | $4.26 tn |
Capital Research Global Investors | 4.35 mm | $3.63 tn |
MS Morgan Stanley | 4.24 mm | $3.53 tn |
Capital World Investors | 3.52 mm | $2.94 tn |
Geode Capital Management | 2.74 mm | $2.28 tn |
WFC Wells Fargo & Co. | 2.65 mm | $2.21 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 811.0371 | 2,496 | 2.02 mm | 383,168 |
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 810.1961 | 4,400 | 3.56 mm | 385,664 |
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 808.8599 | 1,754 | 1.42 mm | 390,064 |
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 807.9052 | 5,948 | 4.81 mm | 391,818 |
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 806.6157 | 2,588 | 2.09 mm | 397,766 |
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 805.6719 | 8,751 | 7.05 mm | 400,354 |
20 May 24 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 804.7601 | 5,041 | 4.06 mm | 409,105 |
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 |
News
Cathie Wood's Ark Investment Drops Plans For Spot-Ether ETF, Says It Will Focus On Spot Bitcoin ETF Instead
2 Jun 24
Should You Invest in the iShares U.S. Healthcare ETF?
30 May 24
BlackRock Moves Closer To Launching First Spot Ethereum ETF
30 May 24
BlackRock-Backed Swedish Fintech Startup Keeps IPO Plans At Bay Despite 51% Jump In Profit: Here's Why
30 May 24
BlackRock's Bitcoin ETF Dominates Market with Nearly $20B in Assets: Report
29 May 24
Press releases
Missed Bitcoin's Run Up To $75,000? Here's Why You Probably Shouldn't Worry
31 May 24
BlackRock Officially Becomes The Largest Spot Bitcoin ETF Custodian
29 May 24
Ethereum Posts Best Week In A Year As ETFs Approved
27 May 24
Ethereum Forecast To Rise 60% On ETF Approval
23 May 24
BlackRock® Canada Announces Final May Cash Distributions for the iShares® Premium Money Market ETF
22 May 24