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From what I understand, BlackRock has a long stake. https://www.sec.gov/Archives/edgar/data/1326380/000083423721001340/0000834237-21-001340.txt https://www.sec
by hourislate 6y ago
From what I understand, BlackRock has a long stake.
https://www.sec.gov/Archives/edgar/data/1326380/000083423721001340/0000834237-21-001340.txt https://www.sec.gov/Archives/edgar/data/1326380/000083423721...
>BlackRock Inc. trimmed its holdings in Gamestop, Inc. (NYSE:GME) by 18.23% during the 4th quarter, according to the company in its most recent Form 13G/A filing with the SEC. The firm now owns 9,217,335 shares of GME, which represents 13.20% ownership.
- odiroot 6y agoFidelity, BlackRock, Vanguard, Morgan Stanley. All the usual players. Combined they own nearly 40%
- kgwgk 6y agoThat mostly means that BlackRock customers have a long stake. BlackRock and other asset managers own the shares because they are part of the funds and ETFs that they manage for others. They are not really theirs.