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A comment on WallStreetBets vs WallStreet: It's not about the money anymore. Parent comment

Re:WallStreetBets vs WallStreet: It's not about the money an... by hourislate on Thursday January 28, 2021 @09:58AM (#25942684)
From what I understand, BlackRock has a long stake.

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.

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Re:WallStreetBets vs WallStreet: It's not about the money an... by kgwgk on Thursday January 28, 2021 @10:45AM (#25943631)
That 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.
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Re:WallStreetBets vs WallStreet: It's not about the money an... by odiroot on Thursday January 28, 2021 @10:27AM (#25943263)
Fidelity, BlackRock, Vanguard, Morgan Stanley. All the usual players. Combined they own nearly 40%
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