20 Biggest Publicly Traded Asset Managers

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1. BlackRock, Inc. (NYSE:BLK)

AUM: $14 trillion

Number of Hedge Fund Holders: 63

BlackRock, Inc. (NYSE:BLK) ranks among the biggest publicly traded asset managers. UBS boosted its price target for BlackRock, Inc. (NYSE:BLK) to $1,280 from $1,218 on January 16, maintaining a Neutral rating on the company’s shares. The company reported fourth-quarter earnings that exceeded forecasts, with UBS emphasizing BlackRock’s solid 12% annualized organic base-fee growth as especially notable. BlackRock, Inc. (NYSE:BLK) also announced earnings per share of $13.16, which beat the estimated $12.44, and revenue of $7 billion, exceeding the expected $6.75 billion.

UBS stated that BlackRock, Inc. (NYSE:BLK) manages to offer a number of growth opportunities, routinely exceeding its 5%+ growth target while focusing on profit margins.

Following the results, UBS made only minimal upward revisions to forward earnings projections, implying that the share price increase represented both solid quarterly performance and a somewhat cautious market attitude leading up to the earnings report.

BlackRock, Inc. (NYSE:BLK) is a global investment management firm providing a wide range of financial services, including asset management, risk advisory, and technology solutions. The company serves institutional and individual clients worldwide.

While we acknowledge the potential of BLK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BLK and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

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