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It’s worth noting those Black Rock holdings are almost certainly through indexed mutual funds and ETFs. If you calculated the ownership across all banks in the
by kasey_junk 5y ago
It’s worth noting those Black Rock holdings are almost certainly through indexed mutual funds and ETFs.
If you calculated the ownership across all banks in the US Blackrock would not own nearly so high a percentage.
- notahacker 5y agoAlso worth noting they have similar ownership stakes in other public companies for the same reason, and somewhat limited leverage over any of them because they can't threaten to pull their investment
- selectodude 5y agoBlackrock also owns over 6 percent of Apple. I wonder if this "great reset" includes buying everybody's iPhones.