We don't know who owns the Federal Reserve.
We don't know who owns Vanguard.
We don't know who owns BlackRock.
My guess? They're the same people.
Discussion
Vanguard and Black Rock are both public companies. You can see who the largest shareholders are 🤷
Send link.
This is not the case for Vangard. The model for vangard is that it is owned by its constituent funds, which are owned by the investors in those funds. That's why vangard has so many devotees, boggleheads, etc.
It's true that it's a pretty unique model, but doesn't mean the information doesn't exist. The largest investors in Vanguard funds are almost certainly going to be entirely institutional investors. Those would be the "shareholders" of vangaurd group under their unique model
They all own each other and every S&P 500 company.
Just one big circle jerk.
That multiple spider man point the finger meme comes to mind
