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BLK Blackrock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide.

Company profile

Ticker
BLK
Exchange
CEO
Laurence Fink
Employees
Incorporated
Location
Fiscal year end
Former names
BlackRock, Inc., New BlackRock, Inc.
SEC CIK
IRS number
320174431
SEC advisor number
801-76926
FINRA CRD number
164594
AUM ?
$48.85B (as of 25 Mar 21)
Accounts
83 (as of 25 Mar 21)
Employees
99 (41 investment advisory or research)
Address
Blackrock
55 EAST 52ND STREET
NEW YORK
NY 10055
Phone
212-810-5300

BLK stock data

(
)

Investment data

Data from SEC filings
Top 50 of 4829 long holdings
End of quarter 31 Dec 20
Value
 
#Shares
 
$140.18B 1.06B
$114.66B 515.51M
$89.65B 27.52M
$43.61B 159.66M
$35.64B 20.33M
$35.34B 50.08M
$34.24B 19.54M
$29.67B 188.51M
$27.81B 127.16M
$25.11B 71.59M
$25.06B 108.09M
$24.47B 192.57M
$23.89B 66.94M
$23.39B 44.8M
$22.56B 162.13M
$22.13B 58.97M
$20.88B 115.22M
$20.33B 87.36M
$19.22B 82.06M
$19.05B 71.72M
$18.89B 37.77M
$17.55B 298.75M
$16.61B 317.04M
$15.95B 195.02M
$15.54B 28.73M
$15.51B 282.89M
$15.44B 509.5M
$15.41B 309.41M
$14.84B 100.06M
$14.66B 327.7M
$14.61B 396.97M
$14.61B 133.43M
$14.56B 65.42M
$13.96B 485.57M
$13.8B 205.39M
$13.74B 29.5M
$13.33B 124.42M
$13.17B 93.11M
$12.56B 87.16M
$12.55B 107.11M
$12.19B 80M
$12.06B 46.17M
$11.76B 152.46M
$11.63B 70.86M
$11.44B 277.47M
$11.39B 26.02M
$10.99B 47.81M
$10.89B 50.75M
$10.81B 28.68M
$10.71B 126.82M
Holdings list only includes long positions. Only includes long positions.

Calendar

25 Feb 21
18 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Blackrock earnings reports.

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Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Apr 21 Marc D. Comerchero Common Stock Sell Dispose S No No 808.3774 600 485.03K 2,008
16 Apr 21 Wiedman Mark Common Stock Sell Dispose S No No 812.5268 1,725 1.4M 7,941
31 Mar 21 Alsaad Bader M. Common Stock Grant Aquire A No No 0 9 0 884
31 Mar 21 Wilson Mark A Common Stock Grant Aquire A No No 0 7 0 1,818

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

46.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 5 0 NEW
Opened positions 5 0 NEW
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 1.03B 0 NEW
Total shares 71.08M 0 NEW
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
COGNY Cogna Educacao 64.44M $934.32M NEW
CMPGF Compass 2.04M $29.62M NEW
Kayne Anderson Rudnick Investment Management 1.71M $24.76M NEW
ATAC Neuberger Berman 1.46M $21.17M NEW
MS Morgan Stanley 1.43M $20.8M NEW
Largest transactions
Shares Bought/sold Change
COGNY Cogna Educacao 64.44M +64.44M NEW
CMPGF Compass 2.04M +2.04M NEW
Kayne Anderson Rudnick Investment Management 1.71M +1.71M NEW
ATAC Neuberger Berman 1.46M +1.46M NEW
MS Morgan Stanley 1.43M +1.43M NEW

Financial report summary

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Risks
  • BlackRock’s investment advisory contracts may be terminated or may not be renewed by clients or fund boards on favorable terms and the liquidation of certain funds may be accelerated at the option of investors.
  • The failure or negative performance of products offered by competitors may cause AUM in similar BlackRock products to decline irrespective of BlackRock’s performance.
  • Increased competition may cause BlackRock’s AUM, revenue and earnings to decline.
  • Failure to maintain Aladdin’s competitive position in a dynamic market could lead to a loss of clients and could impede BlackRock’s productivity and growth.
  • Changes in the value of seed and co-investments that BlackRock owns could affect its income and could increase the volatility of its earnings.
  • BlackRock indemnifies certain securities lending clients for specified losses as a result of a borrower default.
  • BlackRock’s decision to provide support to particular products from time to time, or the inability to provide support, may cause AUM, revenue and earnings to decline.
  • Poor investment performance could lead to the loss of clients and may cause AUM, revenue and earnings to decline.
  • Performance fees may increase volatility of both revenue and earnings.
  • Failure to identify errors in the quantitative models BlackRock utilizes to manage its business could adversely affect product performance and client relationships.
  • The COVID-19 pandemic may adversely affect BlackRock’s business, operations and financial condition which may cause its AUM, revenue and earnings to decline.
  • A failure in, or disruption to, BlackRock’s operational systems or infrastructure, including business continuity plans, could adversely affect operations, damage the Company’s reputation and cause BlackRock’s AUM, revenue and earnings to decline.
  • A cyber-attack or a failure to implement effective information and cybersecurity policies, procedures and capabilities could disrupt operations and lead to financial losses and reputational harm, which may cause BlackRock’s AUM, revenue and earnings to decline.
  • Failure or unavailability of third-party dependencies may adversely affect Aladdin operations, which could cause reputational harm, lead to a loss of clients and impede BlackRock’s productivity and growth.
  • Continuing enhancements to Aladdin’s capabilities, as well as the expansion of the Aladdin platform into new markets and geographies, have led to significant growth in Aladdin’s processing scale, which may expose BlackRock to reputational harm, increased regulatory scrutiny and heightened operational, data management, cyber- and information-security risks.
  • Failure to maintain adequate corporate and contingent liquidity may cause BlackRock’s AUM, liquidity and earnings to decline, as well as harm its prospects for growth.
  • Operating risks associated with BlackRock’s securities lending program may result in client losses.
  • Inorganic transactions may harm the Company’s competitive or financial position if they are not successful.
  • Client investments in real assets, such as real estate, infrastructure and energy assets, may expose BlackRock and its funds and accounts to new or increased risks and liabilities, as well as reputational harm.
  • Operating in international markets increases BlackRock’s operational, political, regulatory and other risks.
  • The potential for human error in connection with BlackRock’s operational systems could disrupt operations, cause losses, lead to regulatory fines or damage the Company’s reputation and may cause BlackRock’s AUM, revenue and earnings to decline.
  • Fraud, the circumvention of controls or the violation of risk management and workplace policies could have an adverse effect on BlackRock’s reputation, which may cause the Company’s AUM, revenue and earnings to decline.
  • The failure to recruit and retain employees and develop and implement effective executive succession could lead to the loss of clients and may cause AUM, revenue and earnings to decline.
  • The impairment or failure of third parties may negatively impact the performance of products and accounts that BlackRock manages, which may cause BlackRock’s AUM, revenue and earnings to decline.
  • The failure of a key vendor to BlackRock to fulfill its obligations or a failure by BlackRock to maintain its relationships with key vendors could have a material adverse effect on BlackRock’s growth, reputation or business, which may cause the Company’s AUM, revenue and earnings to decline.
  • Any disruption to the Company’s distribution channels may cause BlackRock’s AUM, revenue and earnings to decline.
  • Key technology partnerships may expose BlackRock to increased regulatory oversight, as well as migration, execution, technology and operational risks.
  • Disruption to the operations of third parties whose functions are integral to BlackRock’s Exchange-Traded Fund (“ETF”) platform may adversely affect the prices at which ETFs trade, particularly during periods of market volatility.
  • BlackRock is subject to extensive regulation around the world.
  • Regulatory reforms in the United States expose BlackRock to increasing regulatory scrutiny, as well as regulatory uncertainty.
  • International regulatory reforms expose BlackRock and its clients to increasing regulatory scrutiny, as well as regulatory uncertainty.
  • Legal proceedings may cause the Company’s AUM, revenue and earnings to decline.
  • Damage to BlackRock’s reputation may harm its business.
  • A failure to effectively manage potential conflicts of interest could result in litigation or enforcement actions and/or adversely affect BlackRock’s business and reputation, which may cause BlackRock’s AUM, revenue and earnings to decline.
  • BlackRock is subject to US banking regulations that may limit its business activities.
  • The implications of complying with threshold limits and/or any failure to comply with ownership reporting requirements could result in harm to BlackRock’s reputation, impact the performance of certain BlackRock funds and may cause its AUM, revenue and earnings to decline.
  • BlackRock has been the subject of commentary citing concerns about index investing and common ownership.
  • New tax legislation or changes to existing US and non-US tax laws, treaties and regulations or challenges to BlackRock’s historical taxation practices may adversely affect BlackRock’s effective tax rate, business and overall financial condition.
Management Discussion
  • Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • This report, and other statements that BlackRock may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” and similar expressions.
  • BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.
Content analysis
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