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
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 ?
$47.65 bn
(as of 22 May 23)
Accounts
112
(as of 22 May 23)
Employees
187
(83 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
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
26 May 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
25 May 23
8-K
Entry into a Material Definitive Agreement
18 May 23
424B2
Prospectus for primary offering
18 May 23
FWP
Free writing prospectus
17 May 23
424B5
Prospectus supplement for primary offering
17 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
PX14A6G
Letter to shareholders
24 Apr 23
DEFA14A
Additional proxy soliciting materials
14 Apr 23
DEFA14A
Additional proxy soliciting materials
14 Apr 23
Transcripts
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
BLK
Earnings call transcript
2021 Q4
14 Jan 22
BLK
Earnings call transcript
2021 Q3
13 Oct 21
BLK
Earnings call transcript
2021 Q2
14 Jul 21
BLK
Earnings call transcript
2021 Q1
15 Apr 21
BLK
Earnings call transcript
2020 Q4
14 Jan 21
Latest ownership filings
13F-HR
Quarterly holdings report by institutional manager
12 May 23
SC 13G
Liquidia Corp
5 May 23
SC 13G
Wheels Up Experience Inc.
5 May 23
SC 13G
Safehold Inc.
5 May 23
SC 13G
iSHARES TRUST
5 May 23
SC 13G
iSHARES TRUST
5 May 23
SC 13G
Confluent, Inc.
5 May 23
SC 13G/A
UNITED STATES STEEL CORP
5 May 23
SC 13G/A
iSHARES TRUST
5 May 23
SC 13G/A
SMITH & NEPHEW PLC
5 May 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Operating income | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| 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) | 5.66 bn | 5.66 bn | 5.66 bn | 5.66 bn | 5.66 bn | 5.66 bn |
| Cash burn (monthly) | 590.67 mm | 134.83 mm | (no burn) | (no burn) | 131.33 mm | (no burn) |
| Cash used (since last report) | 1.17 bn | 267.84 mm | n/a | n/a | 260.89 mm | n/a |
| Cash remaining | 4.49 bn | 5.39 bn | n/a | n/a | 5.40 bn | n/a |
| Runway (months of cash) | 7.6 | 40.0 | n/a | n/a | 41.1 | n/a |
Institutional ownership, Q1 2023
| 13F holders | Current |
|---|---|
| Total holders | 1732 |
| Opened positions | 144 |
| Closed positions | 160 |
| Increased positions | 650 |
| Reduced positions | 703 |
| 13F shares | Current |
|---|---|
| Total value | 75.93 tn |
| Total shares | 157.85 mm |
| Total puts | 1.21 mm |
| Total calls | 1.01 mm |
| Total put/call ratio | 1.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Ofi Invest Asset Management | 44.15 mm | $65.98 mm |
| Vanguard | 13.25 mm | $8.87 tn |
| BLK Blackrock | 10.43 mm | $6.98 tn |
| STT State Street | 6.01 mm | $4.02 tn |
| Temasek | 5.09 mm | $3.41 tn |
| BAC Bank Of America | 4.95 mm | $3.32 tn |
| Charles Schwab Investment Management | 3.16 mm | $2.11 tn |
| MS Morgan Stanley | 3.07 mm | $2.05 tn |
| Capital Research Global Investors | 2.84 mm | $1.90 tn |
| Geode Capital Management | 2.66 mm | $1.78 tn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 Apr 23 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 696.3167 | 600 | 417.79 k | 484,325 |
| 18 Apr 23 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 695.2873 | 4,216 | 2.93 mm | 484,925 |
| 18 Apr 23 | Fink Laurence | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 694.3601 | 30,983 | 21.51 mm | 489,141 |
| 17 Apr 23 | Kushel J. Richard | Shares Of Common Stock (par Value $0.01 Per Share) | Sell | Dispose S | No | No | 695.9977 | 3,000 | 2.09 mm | 71,307.34 |
| 31 Mar 23 | Alsaad Bader M. | Common Stock | Grant | Acquire A | No | No | 0 | 9 | 0.00 | 1,565 |
| 31 Mar 23 | Daley Pamela | Common Stock | Grant | Acquire A | No | No | 0 | 53 | 0.00 | 6,724 |
| 31 Mar 23 | Ford William E | Common Stock | Grant | Acquire A | No | No | 0 | 49 | 0.00 | 15,445 |
News
Exxon LNG Terminal In Italy Attracts Bid From BlackRock And Three Others, Transaction Could Be Worth $881M
26 May 23
5 Bond ETFs To Watch As Debt Ceiling Talks Enter The Final Hours To Avoid A US Default
26 May 23
10 Financials Stocks Whale Activity In Today's Session
24 May 23
If You Invested $1000 In This Stock 20 Years Ago, You Would Have $14,000 Today
24 May 23
Looking At BlackRock's Recent Unusual Options Activity
24 May 23
Press releases
BlackRock® Canada Announces Final May Cash Distributions for the iShares® Premium Money Market ETF
24 May 23
BlackRock Declares Quarterly Dividend of $5.00 on Common Stock
24 May 23
BlackRock Expands Access to Award-Winning Alpha-Seeking Expertise With Latest Active ETFs
23 May 23
BlackRock Announces 2023 Investor Day to be Held on June 14th, 2023
22 May 23
BlackRock's Laurence D. Fink to Present at the 2023 Deutsche Bank Global Financial Services Conference on May 31st
17 May 23