The Big Three's Global Ownership Footprint
The Big Three's Global Ownership Footprint
BlackRock, Vanguard, and State Street — the three firms that own passive investing
BlackRock
$10.5T
AUM (2024 Q1)
Vanguard
$9.3T
AUM (2024 Q1)
State Street
$4.3T
AUM (2024 Q1)
88% of S&P 500 companies — the Big Three combined hold the largest shareholder position in 88% of S&P 500 constituents.
Combined ownership by market
Sources: BlackRock, Vanguard, State Street disclosures; Bebchuk & Hirst (2019); regulatory filings Q1 2024.