Hedge Vision's avatar
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BlackRock Discloses Massive Position in $BP?
Sometime during May, BlackRock acquired 1.93 billion shares of $BP, cementing their bullish stance on oil and gas. They are now the largest shareholder by a wide margin with a 10.1% stake.

I'm not seeing this publicized anywhere, which makes me think that I'm interpreting it wrong. Any thoughts?

Dissecting the Markets's avatar
Is it because their $BGR or $BCX fund managers increased their stake in that specific company?
Hedge Vision's avatar
@dissectmarkets That could be it!