BlackRock still loves tech giants: Q2 increased holdings in NVIDIA and Apple, with Microsoft remaining the top holding stock

Zhitong
2024.08.14 01:08
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BlackRock, the world's largest asset management company, increased its holdings of tech giants such as NVIDIA, Apple, and Microsoft in the second quarter. Among the top ten holdings in BlackRock's investment portfolio, Microsoft has the largest position, followed by NVIDIA and Apple. In addition, BlackRock also increased its holdings of Amazon and META stocks. Overall, BlackRock's total market value of holdings in the second quarter increased by 3% compared to the previous quarter

According to the disclosure from the U.S. Securities and Exchange Commission (SEC) obtained by Zhitong Finance APP, the world's largest asset management company BlackRock submitted its second-quarter holding report (13F) as of June 30, 2024.

Statistics show that BlackRock's total holding market value in the second quarter was $4.42 trillion, compared to $4.3 trillion in the previous quarter, representing a 3% increase. The fund added 190 new stocks to its portfolio in the second quarter, increased holdings in 2559 stocks, reduced holdings in 2154 stocks, and cleared positions in 196 stocks. The top ten holdings accounted for 27.22% of the total market value.

In the top ten major holdings of BlackRock in the second quarter, large technology giants still dominate. Among the top five major holdings, Microsoft (MSFT.US) remains in the first place with 5.54 billion shares held, a holding market value of approximately $247.6 billion, accounting for 5.60% of the portfolio, representing a 1.46% increase in holdings from the previous quarter.

Nvidia (NVDA.US) ranks second with 1.839 billion shares held, a holding market value of approximately $227.223 billion, accounting for 5.14% of the portfolio, representing a 0.93% increase in holdings from the previous quarter.

Apple (AAPL.US) ranks third with 1.05 billion shares held, a holding market value of approximately $221.196 billion, accounting for 5.00% of the portfolio, representing a 0.93% increase in holdings from the previous quarter.

Amazon (AMZN.US) and Meta (META.US) rank fourth and fifth respectively, with holding market values of $125.36 billion and $81.235 billion, representing increases of 1.59% and 1.36% in holdings from the previous quarter.

The top ten holdings also include Google-A (GOOGL.US), Google-C (GOOG.US), Eli Lilly (LLY.US), Broadcom (AVGO.US), and Berkshire Hathaway-B (BRK.B.US).

In the second quarter, BlackRock initiated positions in healthcare company Solventum (SOLV.US) and Trump Media & Technology Group (DJT.US), while exiting positions in Pioneer Natural Resources (PXD.US). Apart from the tech giants, BlackRock also significantly increased holdings in Eli Lilly and Johnson & Johnson (JNJ.US) among healthcare companies, JPMorgan Chase (JPM.US) and Visa (V.US) among financial stocks, as well as Exxon Mobil (XOM.US), while reducing holdings in Broadcom and Berkshire Hathaway-B From the perspective of changes in position ratios, the top five buying targets are: Nvidia, Apple, Google-A, Microsoft, Eli Lilly.

The top five selling targets include: S&P 500 Index ETF call options (SPY.US, CALL), Pioneer Natural Resources (PXD.US), AbbVie Inc. (ABBV.US), S&P 500 Index ETF put options (SPY.US, PUT), Berkshire Hathaway-B.

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