The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← BlackRock

Capital · deployed

AUM directed ~$15.3T (Q2-2026); ~64% index-passive (iShares $3.5T + institutional index $2.9T of the FY23 $10.0T book)

high confidence · as of 2026-07-26 · about BlackRock

Sourced figures 2


the working

Threads 1

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to BlackRock.