Since then, DST has continued to invest heavily in the internet sector, buying up stakes from companies like Zynga Games and Groupon. These investments have allowed DST to grow its share of Facebook’s shares substantially: at present, DST owns 5.4% of the company*. This influential position allows DST considerable leverage over major decisions made by the company — like voting rights on key issues such as user privacy or product rollouts — and helps strengthen Yuri Milner’s leadership role at the helm of Facebook’s growing list of institutional shareholders.
DST’s current share position on Facebook. BlackRock BlackRock is a U.S.-based asset sales marketing directors, managers email lists management firm that offers access to the stock market via a wide range of passive and actively managed vehicles, such as ETFs and mutual funds. With total assets under management (AUM) of around $9.6 trillion as of the first quarter of 2022, BlackRock is one of the world’s largest institutional investors across a broad range of asset classes.
It is also one of the top Facebook institutional shareholders, holding 101 million META shares, or 4.4%, as per Refinitiv’s data. State Street Global State Street Global is a central institutional shareholder of Facebook, with its passively and actively managed investment funds holding META stock as of Q2, 2022. It is estimated that State Street owns 4.1% of Facebook’s total shares, corresponding to 92.7 million shares.
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