What is the largest public investment fund in the world?
Norway's
| Rank | Profile | Total Assets |
|---|---|---|
| 1. | Norway Government Pension Fund Global | $1,648,082,769,953 |
| 2. | China Investment Corporation | $1,350,000,000,000 |
| 3. | SAFE Investment Company | $1,090,000,000,000 |
| 4. | Abu Dhabi Investment Authority | $993,000,000,000 |
- Government Pension Fund Global—Norway. ...
- Abu Dhabi Investment Authority. ...
- China Investment Corporation—China. ...
- Kuwait Investment Authority—Kuwait. ...
- SAMA Foreign Holdings—Saudi Arabia.
| World's Largest 10 Sovereign Wealth Funds | ||
|---|---|---|
| Ranking | Fund | Assets in July 2023 ($ bln) |
| 6 | Public Investment Fund | 776.66 |
| 5 | Kuwait Investment Authority | 803.00 |
| 7 | GIC Private Limited | 690.00 |
PIF, which manages more than $700 billion, allocates more than 70% of its investments in Saudi Arabia. It's targeting an allocation of 20% to 25% for international investments, with the absolute number increasing over time, Al-Rumayyan said during the event.
| Fund (ticker symbol) | Assets under management | Expense ratio |
|---|---|---|
| Vanguard Total Stock Market Index (VTSAX) | $1.47 trillion | 0.04% |
| Fidelity 500 Index (FXAIX) | $484.4 billion | 0.015% |
| Vanguard 500 Index (VFIAX) | $398.4 billion | 0.04% |
| Vanguard Total International Stock Index (VTIAX) | $398.1 billion | 0.11% |
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.
1. Walton Enterprises. Located in Arkansas, USA, Walton Enterprises is the single family office of the Walton Family. Established by the late Sam Walton, the founder of Walmart, it manages around $224 billion in assets.
Vanguard takes institutional lead over BlackRock
Vanguard Group surpassed BlackRock as the largest worldwide institutional money manager. BlackRock remains the world's largest asset manager overall.
What companies are owned by PIF?
Public Investment Fund's top holdings are Lucid Group, Inc. (US:LCID) , Uber Technologies, Inc. (US:UBER) , Electronic Arts Inc. (US:EA) , The Select Sector SPDR Trust - The Utilities Select Sector SPDR Fund (US:XLU) , and Take-Two Interactive Software, Inc.
The PIF currently receives most of its capital through asset transfers and capital injections from the government. On March 7th the Saudi government revealed that 8% of Saudi Aramco's equity, worth about $164bn, had been transferred to the fund, doubling its stake in the state oil giant.
- Utilities & Renewables.
- Aerospace & Defense.
- Automotive.
- Construction & Building Components and Services.
- Consumer Goods and Retail.
- Entertainment, Leisure & Sports.
- Financial Services.
The fund disclosed the stakes in a regulatory filing Friday afternoon. The PIF bought more than 5 million shares in Disney, which it valued at just under $500 million, and more than 3 million shares in Facebook for $520 million.
Saudi Arabia's Public Investment Fund (PIF) has tapped global markets for a mega-sukuk worth US$2 billion, bringing its total debt to an estimated US$36 billion - and it unlikely to stop its borrowing spree.
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company), is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
How many companies does BlackRock own? As of November 2023, BlackRock's portfolio consisted of 5,349 holdings. The top five holdings included Apple (AAPL), Microsoft (MSFT), NVIDIA (NVDA), Amazon (AMSN), and Alphabet (GOOGL).
| Top U.S. Hedge Funds | AUM |
|---|---|
| Bridgewater Associates | $124,317,200,000 |
| Renaissance Technologies | $106,026,795,439 |
| AQR Capital Management | $94,523,700,000 |
| Two Sigma | $67,471,220,893 |
Vanguard isn't owned by shareholders. It's owned by the people who invest in our funds. Our owners have access to personalized financial advice, high-quality investments, retirement tools, and relevant market insights that help them build a future for those they love.
BlackRock also provides risk management and advisory services to governments and institutions and has access to a lot of data and information through its Aladdin software platform Aladdin is a software tool that can track and analyze trading and monitor a whopping US$18 trillion in assets for 200 financial firms; even ...
Does BlackRock own Amazon?
Who currently owns Amazon? Amazon is a publicly traded company, which means it's owned by shareholders. Its largest individual shareholder is founder and former CEO Jeff Bezos, followed by institutional investors Vanguard Group, BlackRock, and State Street.
BlackRock has grown from a start-up to a market leader by attracting clients and employees, and by acquiring several other asset management companies. BlackRock's mission is to create a better financial future for our clients, by building the most respected investment and risk manager in the world.
1. BlackRock. BlackRock is the country's largest brokerage firm with just over $10 trillion in assets under management at the end of 2023.
While the U.S. as a whole does not have a sovereign wealth fund, several of its states do. These funds, however, are nowhere near as big as the international ones listed above. The largest in the U.S. is the Alaska Permanent Fund Corporation, established in the early 1980s, which has roughly $67 billion in assets.
Baktawang village in India's northeastern state of Mizoram is home to the world's largest family, all residing together in a single house. The huge household, initially headed by Ziona Chana, comprises a total of 199 family members.
