State of New Jersey Common Pension Fund D increased its BlackRock holdings by 4.4% in Q3, now owning 51,514 shares valued at over $60 million. This move comes as BlackRock reported an EPS beat and raised its dividend, despite revenue falling short of analyst expectations. The asset manager is also expanding into DeFi with a tokenized Treasury fund on Uniswap, though recent large insider sales and a reported private-credit loss present mixed signals.
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State of New Jersey Common Pension Fund D Grows Stock Position in BlackRock $BLK
State of New Jersey Common Pension Fund D increased its BlackRock holdings by 4.4% in Q3, now owning 51,514 shares valued at over $60 million. This move comes as BlackRock reported an EPS beat and raised its dividend, despite revenue falling short of analyst expectations. The asset manager is also expanding into DeFi with a tokenized Treasury fund on Uniswap, though recent large insider sales and a reported private-credit loss present mixed signals.