Two World Controlling Giants in Present

Two of the Big Three asset management companies for passive funds are BlackRock and Vanguard. Vanguard is the largest shareholder in BlackRock, which owns State Street, the third company. All paths appear to lead to BlackRock.

 

The combined managed assets of the three companies total $20 trillion, which is greater than half the value of all the shares of S&P 500 companies, which is approximately $38 trillion. And, with the exception of China and the United States, that is greater than the gross domestic product (GDP) of every single nation on the planet.

BlackRock is the only private organization that collaborates closely with central banks, earning it the nickname "The Fourth Branch of Government" according to Bloomberg. These businesses were on the right side of the Federal Reserve, which aided in the clean-up during the 2008 housing crisis.

 

BlackRock and Vanguard have respective AUMs of $8.6 and $8.1 trillion. They jointly own or have investments in 1,600 U.S. businesses (Reuters: 2022).

 

Financial Markets Worldwide

 

Global markets have been shaped for decades by BlackRock's secret weapon, an advanced trading algorithm known as Aladdin (Asset, Liability, Debt and Derivative Investment Network).

 

Aladdin is a program that manages more than $21.6 trillion in assets and averages 250,000 trades per day.

 

The Federal Reserve and almost every major U.S. bank are directed by Aladdin, who also executes trades in all asset classes across all sectors of the economy. 10% of the stock market, 17% of the bond market, and more than half of all ETFs are under its control.

 

In order to determine which trades to execute, it gathers data points on every market, every company, and every asset.

Aladdin is a network of about 5,000 supercomputers that serves as the brain of the most knowledgeable asset managers and investors in the world today.

 

The fact that every major bank and fund now relies on Aladdin and its all-knowing AI to outperform the market raises some important issues regarding the nature of our precarious financial system.

 

Food sector

 

Take PepsiCo as an example; 3,155 institutional investors own 72% of the company's stock. The combined value of the top 10 investors is $59 billion, but only three of them—BlackRock, Vanguard, and State Street—own more stock than the other seven.

 

Vanguard Group currently holds 9.29% of the shares in PepsiCo, making it the largest shareholder. Likewise in BlackRock, 7.84%.Vanguard and BlackRock each hold 8.51% and 7.19% of Coco-Cola, respectively.

 

The same group of investors also owns other significant businesses that control a wide range of brand names, including Unilever, Mondelez, Nestlé, General Mills, The Hershey Company, Kraft Heinz, and numerous others.

 

Tech Sector

 

Compared to other institutional investors, BlackRock, Vanguard, and State Street hold the majority of the stock in Alphabet, Apple, Microsoft, IBM, Facebook, AT&T, and many other companies. Therefore, they have the first mover advantage.

 

Energy Sector

 

BlackRock has invested $170 billion in public energy companies in the United States through 2021, with only $85 billion going to coal companies.

Oil companies currently operating in the Amazon rainforest are the subject of $46 billion in debt and equity held by BlackRock, State Street, and Vanguard.

 

Together, BlackRock and Vanguard own 19% of Philips 66, 21% of Valero Energy, 16% of ExxonMobil, and many other major corporations like Occidental Petroleum, ConocoPhillips, Chevron Corporation, GE.

 

 

 

In total, these companies' money managers have invested close to $260 billion in fossil fuel companies worldwide.

 

Pharmaceutical and Health Sector

 

 Johnson & Johnson and Merck & Co. each have the largest stakes held by The Vanguard Group (8.89% and 8.95%, respectively). AbbVie, CVS Health, United Health Group, Sun Pharma, and GlaxoSmithKline all had market shares above 8.97%. BlackRock is the second-largest shareholder in these businesses, in addition to many others.

 

Electronic media

 

to unilaterally sway the flow of partisan information. Four of the six media companies that control more than 90% of the U.S. media landscape, including Time Warner, Comcast, Disney, and News Corp., are owned by the top two investors, Vanguard and BlackRock. Together, BlackRock and Vanguard own 16% of CBS, 13% of Comcast, which owns NBC, MSNBC, CNBC, The Sky media group, 12% of CNN, and 12% of Disney, which owns a number of subsidiaries, in addition to owning 18% of Fox, 16% of CBS, 13% of Vanguard, and 12% of Comcast.

 

They also own Sonoma, the parent company of major commercial Dutch channels, in addition to the numerous newspapers and magazines. The DPG media is also the owner of a large number of foreign media outlets, including VTM.

Additionally, they own Mediahuis, one of Europe's largest media companies, which employs its subsidiaries in the Netherlands.

 

additionally owns one of the nine largest media companies in Germany, the conglomerate "Bertelsmann". RTL, which owns 45 television stations and 32 radio stations across 11 nations, is owned by this company. The largest book publisher in the world, Penguin Random House, is also owned by Bertelsmann.

 

The travel sector                                                                  

 

In addition to many other companies, Vanguard and BlackRock jointly own 21% of Expedia Group, 15% of Bookings Holdings, 27% of American Express, 13% of Boeing, 10% of Airbnb, 16% of TripAdvisor, and many more.

 

Former government officials were hired

 

At least three BlackRock executives hold prominent positions in President Joe Biden's cabinet as of 2021. Brian Deese, a BlackRock executive, was appointed by Vice President Biden to lead the National Economic Council, and Adewale Adeyemo, a former chief of staff to BlackRock's CEO, is now in charge of the Treasury Department.

BlackRock serves as both a lender and an advisor to the central bank. The software that the central bank uses is also created by it. Bush and Obama were in the White House with dozens of BlackRock employees (Bloomberg Report).

 

Takeovers: Over the years, both companies have absorbed many rivals in their path. BlackRock has so far acquired 21 businesses. acquired Aperio in 2020 for roughly $1 billion in cash. BlackRock purchased eFront in 2019 for $1.3 billion. In a deal that also included Barclays' iShares ETF business, BlackRock bought Barclays Global Investors in 2009. Additionally, the company bought Merrill Lynch Investment Managers.

 

NGO's

 

The Gates Foundation is the largest sponsor of the WHO, according to the World Economic Forum website. That was following Donald Trump's 2020 decision to end US financial support for the WHO. The largest pharmaceutical firms, including Pfizer, AstraZeneca, Johnson & Johnson, Bayer, etc., are closely partnered with the Gates Foundation.

 

And the names of their largest shareholders were just revealed.Vanguard, BlackRock, and State Street Corp. are the largest shareholders of Microsoft and Berkshire Hathaway. Even Bill Gate serves on the boards of those organizations.

 

These companies are connected in a loop. By diverting money to non-profit organizations, businesses, politicians, and the media can better communicate while also lowering corporate taxes. This helps to mask some conflicts of interest.

 

Conclusion:

According to the data, both companies enjoy significant first-mover advantages in all important industries.The most surprising thing about them is that they own each other's stocks (Black Rock owns 14.5% of Vanguard Grp, while Vanguard owns 9% of Black Rock). They are then owned by shareholders.

 

They come together to create a vast network resembling a pyramid. Larger investors own the smaller investors. These are held by even more substantial investors.

 

The only two businesses at the pyramid's visible top are ones we are familiar with. They are BlackRock and Vanguard.

 

You can't imagine the power of these two corporations.