No, totally wrong on so much. Just incredible amounts of misinformation.
An example is military / aerospace.
BlackRock is the majority stockholder in one (1) company. They don’t own any of the companies.
Northrup Grumann - Publicly traded as NOG.
NOG - BlackRock is not the majority shareholder - see https://finance.yahoo.com/quote/NOG/holders
Texas Instruments - Publicly traded as TXN.
TXN - BlackRock is not the majority shareholder - see https://finance.yahoo.com/quote/TXN/holders
Raytheon Technologies- Publicly traded as RTX.
RTX - BlackRock is not the majority shareholder - see https://finance.yahoo.com/quote/RTX/holders
Boeing - Publicly traded as BA.
BA - BlackRock is not the majority shareholder - see https://finance.yahoo.com/quote/BA/holders
General Dynamics - Publicly traded as GD
GD - BlackRock is not the majority shareholder - see https://finance.yahoo.com/quote/GD/holders
Honeywell - Publicly traded as HON
HON - BlackRock is not the majority shareholder - see https://finance.yahoo.com/quote/HON/holders
KBR - Publicly traded as KBR
KBR - BlackROck is the majority shareholder - see https://finance.yahoo.com/quote/KBR/holders
It’s just embarrassing to FR the amount of misinformation you pump out.
Blackrock is not number 1 for RTX, but they are number 3. 3 companies are the largest shareholders in virtually all Aerospace and Defense (State Street, Vanguard, and Blackrock). Blackrock is the largest