economy
February 17, 2026
ValueAct's Morfit announces BlackRock position, says technology can make the company 'more powerful'
Morfit disclosed the holding for the first time on an episode of 'The Master Investor.'
TL;DR
- ValueAct's Mason Morfit revealed a stake in BlackRock.
- Morfit believes BlackRock's software, especially the Aladdin platform, will increase its power.
- The Aladdin platform can automate investment decisions, improving speed and cost-effectiveness.
- This technology could help BlackRock move beyond its reputation as an ETF manager stuck in a price war.
- Morfit acknowledges the potential threat of this technology to active managers but sees industry-wide inefficiencies.
- He sees BlackRock as a leading data and software company, not just an asset manager.
- BlackRock shares have underperformed the S&P 500 recently, but most analysts have buy ratings.
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