BlackRock's Q3 crazy purchase of Apple (AAPL.US) continues to favor the “Seven Sisters of the US Stock Exchange”!

The Zhitong Finance App learned that according to the US Securities and Exchange Commission (SEC) disclosure, BlackRock, the world's largest asset management company, submitted a position report (13F) for the third quarter ending September 30, 2024.

According to statistics, the total market value of BlackRock's holdings in the third quarter was 4.76 trillion US dollars, and the total market value in the previous quarter was 4.42 trillion US dollars, up 7% from the previous quarter.

Among BlackRock's top ten stocks in the third quarter, big tech giants still account for the majority. Among the top five major stocks, Apple (AAPL.US) became the number one holding position, holding 1,093 billion shares, with a market value of about US$254.813 billion, accounting for 5.35% of the portfolio, an increase of 4.13% over the number of holdings in the previous quarter.

Microsoft (MSFT.US) was overtaken and ranked second, holding 561 million shares, with a market value of about US$241.06 billion, accounting for 5.07% of the portfolio, an increase of 1.35% over the previous quarter.

Nvidia (NVDA.US) ranked third, holding 1,851 billion shares with a market value of about US$224.862 billion, accounting for 4.72% of the portfolio, an increase of 0.67% over the previous quarter.

Amazon (AMZN.US) and META.US (META.US) ranked fourth and fifth respectively. The market value of their holdings was US$124.329 billion and US$92.787 billion respectively, up 2.86% and 0.61% respectively from the number of positions held in the previous quarter.

The top ten holdings also include Google-A (GOOGL.US), Broadcom (AVGO.US), Google-C (GOOG.US), Lilly (LY.US), and Tesla (TSLA.US).

BlackRock (SW.US), Six Flags Entertainment (FUN.US), etc. in the third quarter, and cleared CONNQ.US (CONNQ.US), etc.

BlackRock bought 43.4 million Apple shares this quarter. As a result, Apple surpassed Microsoft and quickly became the number one heavy stock. The agency also increased its holdings of the Big Seven US stocks, with 7.51 million shares of Microsoft, 12.36 million shares of Nvidia, 18.56 million shares of Amazon, 980,000 shares of Meta, 4.66 million shares of Tesla, 4.52 million shares of Google A, and 1.71 million shares of Google C. Additionally, the agency increased its holdings of Broadcom by 14.21 million shares and Berkshire-B by 2.59 million shares.

In the quarter, BlackRock reduced its holdings of Eli Lilly by 1.52 million shares, Netflix (NFLX.US) by 93,000 shares, and AMD (AMD.US) by 860,000 shares.

Judging from changes in position ratios, the top five buying targets are: Apple, Tesla, Walmart, Meta, and Berkshire-B (BRK.B.US).

The top five sales targets include Eli Lilly, Fanlin Group (LRCX.US), Applied Materials (AMAT.US), Adobe (ADBE.US), and Intu.US (INTU.US).