Leading global investment firm commits 20% of its assets to a select quartet of equities.
BlackRock's Portfolio Focus: A Look at Its Top Holdings
BlackRock, the world's largest asset manager based in New York City, has a significant concentration in top U.S. large-cap stocks. The company manages a record high of $10.6 trillion in assets, having collected nearly $140 billion in new funds in the first half of 2023.
In its portfolio, BlackRock has invested approximately 20% in the ten largest companies within the S&P 500 index. These ten companies make up around 40% of the S&P 500's market capitalization, and BlackRock's exposure is roughly half of that, approximately 20%.
The four stocks in which BlackRock has invested a substantial portion of its assets are not specified in the provided text. However, we know that Microsoft stock takes the largest position in BlackRock's portfolio, with a weighting of 5.6%. Microsoft's market dominance is followed closely by Nvidia, the second-largest position in BlackRock's portfolio, with a weighting of 5.14%.
Apple is the third-largest position in BlackRock's portfolio, with a weighting of 5.01%. Notably, BlackRock slightly increased its shares in Apple stock, while it increased its position in Microsoft stock by 1.5% and in Amazon stock by 1.6% in the second quarter. The Amazon stock is the fourth-largest position in BlackRock's portfolio, with a weighting of 2.84%.
BlackRock also owns almost 7.5% of Nvidia's outstanding shares.
It's important to note that the board of the publisher Börsenmedien AG, which is the source of this information, has positions in Nvidia, Microsoft, Apple, and Amazon stocks.
The Best of Billionaires Index by BÖRSE ONLINE focuses on the top investments of billionaires like Warren Buffett, Bill Gates, and others. However, the specific stocks in which these billionaires invest were not detailed in the provided text.
BlackRock's latest 13F filing, which reveals the company's position at the end of the second quarter, was not detailed in the provided text.
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