Highlights
Wilmington Savings Fund Society FSB increased its position in BlackRock (NYSE:BLK) by 7.1% in the fourth quarter.
A variety of institutional investors have recently adjusted their positions in BlackRock.
Hedge funds and other institutions own a significant portion of BlackRock's shares.
Institutional Adjustments in BlackRock Holdings
Wilmington Savings Fund Society FSB has increased its stake in BlackRock (NYSE:BLK) by 7.1% in the fourth quarter, based on its recent filing with the SEC. The firm now holds 7,959 shares of the company after adding 530 shares during this period. This adjustment has brought its total holdings to an estimated value of $8,159,000 at the end of the quarter.
Other institutional investors have also modified their positions in BlackRock. FSA Wealth Management LLC recently acquired a new position in the third quarter. Similarly, Atwood & Palmer Inc. and Reston Wealth Management LLC purchased stakes in BlackRock during the fourth and third quarters, respectively. In another move, MFA Wealth Advisors LLC doubled its stake in the third quarter, now holding 40 shares after purchasing an additional 20. West Financial Advisors LLC also made an entry into BlackRock holdings during the fourth quarter.
Institutional Ownership and Market Presence
A considerable portion of BlackRock's shares, approximately 80.69%, is owned by hedge funds and institutional investors. This reflects strong institutional interest in the asset management firm. Institutional investors frequently adjust their positions based on various economic and financial factors, leading to fluctuations in ownership percentages over time.
The presence of multiple hedge funds and institutions in BlackRock's ownership structure demonstrates its role within the broader financial sector. As one of the largest asset management companies, BlackRock continues to attract investment from institutional entities that seek exposure to financial services and asset management industries.
Recent Transactions and Adjustments
Apart from Wilmington Savings Fund Society FSB’s latest increase, other institutional investors have actively engaged with BlackRock in recent quarters. These transactions indicate continued interest in the asset management sector, with firms adjusting their holdings in response to broader financial trends.
With BlackRock’s well-established position in the financial industry, institutional activity remains an important factor in evaluating its ownership landscape. The steady adjustments in holdings reflect ongoing engagement from hedge funds and asset management firms, shaping BlackRock’s ownership structure over time.