BlackRock increased its position in Rivian by 7.01% during the first quarter of 2026, raising its stake to 53,970,947 shares, the asset manager disclosed in its quarterly portfolio update. The world’s largest asset manager added 3,537,100 shares of Rivian during the first three months of the year, bringing total holdings to a value of $812.3 million as of March 31. The Q1 buying marked BlackRock’s largest single-quarter Rivian addition since Q4 …
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