📈BlackRock is the world’s largest asset manager with over $13.5 trillion in assets under management (AUM) as of Q3, 2025.
Here’s how BlackRock invests $13.5 trillion in AUM:
1. Equity: $7.42 trillion (55%)
2. Fixed Income: $3.24 trillion (24%)
3. Multi-Asset: $1.22 trillion (9%)
4. Cash: $945 billion (7%)
5. Alternatives: $405 billion (3%)
6. Digital Assets: $135 billion (1%)
7. Currency & Commodities: $135 billion (1%)
Source: BlackRock’s Q3 2025 earnings release
This massive assets under management is diversified across various asset classes and investment strategies.
Equity: It is the largest category, primarily driven by their dominant iShares Exchange-Traded Funds (ETFs) business. The iShares platform, which is BlackRock's ETF business, exceeded $5 trillion in AUM. BlackRock has over $7.42 trillion of assets in equities.
Fixed Income: This includes bond funds and other debt instruments. BlackRock has about $3.24 trillion in fixed income assets.
Cash: Approximately $1 trillion in assets is invested in cash and cash equivalents, used for highly liquid, short-term investments.
iShares U.S. Aerospace & Defense ETF (ITA)
This $15 billion BlackRock’s iShares defence ETF surged over 47.7% in 2025 , significantly outperforming the S&P 500:
iShares U.S. Aerospace & Defense ETF (ITA)
Here are the top 10 holdings of this ETF:
1. 🇺🇸 GE Aerospace (GE): 20.62%
2. 🇺🇸 RTX Corporation (RTX): 15.55%
3. 🇺🇸 Boeing (BA): 8.33%
4. 🇺🇸 L3Harris Technologies (LHX): 4.61%
5. 🇺🇸 Lockheed Martin (LMT): 4.61%
6. 🇺🇸 Howmet Aerospace (HWM): 4.41%
7. 🇺🇸 Northrop Grumman (NOC): 4.35%
8. 🇺🇸 Axon Enterprises (AXON): 4.23%
9. 🇺🇸 General Dynamics (GD): 4.10%
10. 🇺🇸 Transdigm Group (TDG): 4.10%
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