Is Vanguard better than BlackRock?

Both BlackRock and Vanguard are excellent options to build a portfolio around. While Vanguard has proven itself over more than 10 years, BlackRock is off to a great start and so far its “tactical” allocation approach has worked well, combining the best of passive and active investing.

BlackRock remained the largest firm overall, with $8.59 trillion in total assets globally vs. Vanguard's $7.25 trillion, and has a much larger presence with clients such as government-sponsored retirement plans and sovereign wealth funds.

BlackRock is a global asset management company commanding unprecedented influence over the world's financial landscape. It manages over $10 trillion of assets, rivaling the GDPs of most countries.

Leader in low-cost funds: The company has a solid reputation for the well-below-average expense ratios on its index funds and exchange-traded funds. For long-term investors looking to pair a buy-and-hold strategy with the lowest-cost offerings, it's hard to beat the service and selection found with Vanguard.

Although BlackRock also increased its DC assets to $1.16 trillion in 2022, Vanguard simply grew faster, and cemented its lead: Over the five-year period, Vanguard gained a net $331 billion in U.S. DC assets over BlackRock.

Who owns BlackRock? BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

For example, BlackRock owns 6.9% of Facebook, 6.45% of Coca Cola, 5.7% of Amazon, 6.4% of LockHeed Martin, 6% of Philip Morris, and 6.5% of Chevron. For all these reasons and more, we believe BlackRock is an excellent candidate to enter Corporate Accountability's Corporate Hall of Shame in 2022.

Vanguard Group, Blackrock (BLK) and Capital World Investors are among the top institutional shareholders of Tesla, accounting for a combined 15% of its outstanding shares.

BlackRock is the world's largest asset management company, not a secretive organization controlling the world. It manages trillions of dollars in assets for individuals and institutions worldwide. While it wields significant influence due to its size and reach, it does not have direct control over global affairs.

Yes. Securities held in Vanguard Brokerage Accounts are eligible for SIPC coverage. If your account number has 8 digits, you have a brokerage account. If your account has an 11-digit account number, it's a mutual fund-only account, which exists on our old platform and isn't covered by the SIPC.

About Vanguard

Vanguard's mission is to "take a stand for all investors, to treat them fairly, and to give them the best chance for investment success."6 It prides itself on its stability, transparency, low costs, and risk management.

Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.

While not all of the households in this study are millionaires, the vast majority of them are. The median household in the study has over $1 million with Vanguard and those below the median have assets outside of Vanguard (i.e. real estate, non-Vanguard accounts, etc.) that make most of them millionaires as well.

BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

BlackRock and Vanguard do not “own” all the biggest corporations in the world. They invest trillions of dollars into leading companies on behalf of their clients, who ultimately own the shares.

In the world's largest Wall Street derby, Vanguard Group Inc. for the first time won the institutional asset management race by a nose in 2022, beating out BlackRock Inc. for most institutional assets under management worldwide.

As of the latest reports, BlackRock's AUM stands at a staggering $9.5 trillion, a figure that surpasses Apple's market capitalization of approximately $2.5 trillion. To put this into perspective, BlackRock's AUM is equivalent to managing the combined GDPs of Japan, Germany, and the United Kingdom.

If The Vanguard Group does make a profit, this money is returned to investors as dividends. BlackRock, on the other hand, is a publicly traded entity, so it prioritizes making money for its shareholders. Interestingly, The Vanguard Group is the largest owner of BlackRock stock.

Vanguard is paid by the funds to provide administration and other services. If Vanguard ever did go bankrupt, the funds would not be affected and would simply hire another firm to provide these services.

Pfizer's top shareholders: Vanguard, BlackRock and State Street. “They do own a large portion of the publicly traded shares of those companies, so that's true,” says Daniel Sotiroff, senior manager research analyst for Morningstar Research Services.

BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson to provide institutional clients with asset management services from a risk management perspective.

McDonald's is not owned by hedge funds. The Vanguard Group, Inc. is currently the company's largest shareholder with 9.3% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.0% of common stock, and State Street Global Advisors, Inc.

The top shareholders of Apple are Arthur Levinson, Tim Cook, Jeff Williams, Vanguard Group Inc., BlackRock Inc. (BLK), and Berkshire Hathaway Inc. (BRK. A).

BlackRock is either largest or one of largest shareholders in the behemoths of American banking industry namely. JP Morgan Chase and Co. Bank of America Corp. Wells Fargo & Co.

BlackRock's top three holdings are Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and Amazon (NASDAQ:AMZN). BLK owns $141 billion of AAPL stock, $120.8 billion of MSFT, and $65.8 billion of AMZN.

With 64,588,418 shares, Jeff Bezos is the primary individual investor. Owning 12.7% of the company. Other top individual investors comprise Amazon's CEO Andy Jessy, with 94,729 shares. Top institutional investors include mutual funds like The Vanguard Group (6.6% ownership) and BlackRock (5.7% ownership).