BlackRock is the world’s largest investment manager, with $13.9 trillion in total assets under management (as of Q1 2026). To put that into perspective, only two countries on the planet have a GDP (Gross Domestic Product) higher than that. The company has disclosed 5,530 total holdings and is a major investor in virtually every industry imaginable.
In this article, we will look deeper into BlackRock’s current and historical assets under management.
Brief history
BlackRock was founded in 1988 as Blackstone Financial Management, a unit of The Blackstone Group, by eight partners who set out to provide client-oriented asset management. By 1989, in just under a year, the company was already managing a staggering $2.7 billion in AUM, and by 1991 that had grown to $9 billion. In 1992, the firm became independent and adopted the name BlackRock. In 1999, BlackRock held its initial public offering on the New York Stock Exchange, by which time its assets under management were already over $165 billion.
In 2009, BlackRock acquired Barclays Global Investors (BGI) and became the world’s largest asset manager. That deal also brought iShares, the ETF business BGI had launched back in 2000, which has since become the world’s largest ETF provider, with over 1,250 products and more than $4 trillion in assets.
In 2021, BlackRock became the first asset manager to reach the $10 trillion AUM mark. After a dip in 2022, its assets have continued to climb, surpassing $13 trillion by 2026.
BlackRock’s assets under management
All the data in the tables below comes from BlackRock’s annual and quarterly reports on its official website.
The following table shows BlackRock’s AUM, revenue, net income, and diluted earnings per share for the last 15 years.
| Year | AUM* | Revenue* | Net income* | Diluted EPS |
| 2008 | 1,307,151 | 5,064 | 8,581 | 6.45 |
| 2009 | 3,346,256 | 4,700 | 875 | 6.11 |
| 2010 | 3,560,968 | 8,612 | 2,063 | 10.55 |
| 2011 | 3,512,681 | 9,081 | 2,337 | 12.37 |
| 2012 | 3,791,588 | 9,337 | 2,458 | 13.79 |
| 2013 | 4,324,088 | 10,180 | 2,932 | 16.87 |
| 2014 | 4,651,895 | 11,081 | 3,294 | 19.25 |
| 2015 | 4,645,412 | 11,401 | 3,345 | 19.79 |
| 2016 | 5,147,852 | 11,155 | 3,172 | 19.04 |
| 2017 | 6,288,195 | 12,491 | 4,970 | 30.23 |
| 2018 | 5,975,818 | 14,198 | 4,305 | 26.58 |
| 2019 | 7,429,633 | 14,539 | 4,476 | 28.43 |
| 2020 | 8,676,680 | 16,205 | 4,932 | 31.85 |
| 2021 | 10,010,143 | 19,374 | 5,901 | 38.22 |
| 2022 | 8,594,485 | 17,873 | 5,178 | 33.97 |
| 2023 | 10,008,995 | 17,859 | 5,502 | 12.66 |
| 2024 | 11,551,251 | 20,407 | 6,369 | 42.01 |
| 2025 | 14,041,518 | 24,216 | 5,553 | 35.31 |
| 2026/Q1 | 13,894,600 | 6,698 | 2,212 | 14.06 |
*$mm, except per share data (Diluted EPS)
In the next table, you can find a summary of BlackRock’s key quarterly financial results since the beginning of 2021.
| Year/Quarter | AUM* | Revenue* | Net Income* | Diluted EPS |
| 2021/Q1 | 9,007,411 | 4,398 | 1,199 | 7.77 |
| 2021/Q2 | 9,495,993 | 4,820 | 1,378 | 8.92 |
| 2021/Q3 | 9,463,662 | 5,050 | 1,681 | 10.89 |
| 2021/Q4 | 10,010,143 | 5,106 | 1,643 | 10.63 |
| 2022/Q1 | 9,569,513 | 4,699 | 1,436 | 9.35 |
| 2022/Q2 | 8,487,410 | 4,526 | 1,077 | 7.06 |
| 2022/Q3 | 7,961,373 | 4,311 | 1,406 | 9.25 |
| 2022/Q4 | 8,594,485 | 4,337 | 1,259 | 8.29 |
| 2023/Q1 | 9,090,271 | 4,243 | 1,157 | 7.64 |
| 2023/Q2 | 9,425,212 | 4,463 | 1,366 | 9.06 |
| 2023/Q3 | 9,100,825 | 4,522 | 1,604 | 10.66 |
| 2023/Q4 | 10,008,995 | 4,522 | 1,375 | 9.15 |
| 2024/Q1 | 10,472,500 | 4,631 | 1,473 | 9.85 |
| 2024/Q3 | 11,475,362 | 5,197 | 1,715 | 11.46 |
| 2024/Q4 | 11,551,251 | 5,677 | 1,670 | 10.63 |
| 2025/Q1 | 11,583,928 | 5,276 | 1,698 | 9.64 |
| 2025/Q2 | 12,527,590 | 5,423 | 1,593 | 10.19 |
| 2025/Q3 | 13,463,625 | 6,509 | 1,323 | 8.43 |
| 2025/Q4 | 14,041,518 | 7,008 | 1,127 | 7.16 |
| 2026/Q1 | 13,894,600 | 6,698 | 2,212 | 14.06 |
*$mm, except per share data (Diluted EPS)
BlackRock’s AUM by asset class
In the following table, you can see BlackRock’s AUM by asset class.
| Asset class | 2026/Q1 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Equity | 7,661,385 | 7,793,875 | 6,310,191 | 5,293,344 | 4,435,354 | 5,342,360 | 4,419,806 | 3,820,329 | 3,035,825 |
| Fixed Income | 3,270,863 | 3,272,021 | 2,905,669 | 2,804,026 | 2,536,823 | 2,822,041 | 2,674,488 | 2,315,392 | 1,884,417 |
| Multi-asset | 1,222,612 | 1,223,625 | 992,921 | 804,026 | 684,904 | 816,494 | 658,733 | 568,121 | 461,884 |
| Alternatives | 666,417 | 671,265 | 421,807 | 271,210 | 266,210 | 264,881 | 235,042 | 178,072 | 143,358 |
| Cash management | 1,073,323 | 1,080,732 | 920,663 | 764,837 | 671,194 | 755,057 | 666,252 | 545,949 | 448,565 |
| Advisory | 0 | 0 | 0 | 0 | 0 | 9,310 | 22,359 | 1,770 | 1,769 |
| Total | 13,894,600 | 14,041,518 | 11,551,251 | 10,008,995 | 8,594,485 | 10,010,143 | 8,676,680 | 7,429,633 | 5,975,818 |
$mm, except per share data
Conclusion
BlackRock-controlled investments have a strong (if not leading) presence in almost all industries. Its largest holdings are concentrated in the technology sector: at present, its biggest positions are in Apple, Microsoft, Amazon, Nvidia, and Google. If you want more detailed information about BlackRock’s holdings, you can find it here.
BlackRock is currently listed on the NYSE under BLK. Its major shareholders are Vanguard Group Inc. and State Street Corporation, which are also, ironically, two of BlackRock’s biggest competitors. You can find a more detailed list of BlackRock’s largest shareholders here.
