This morning my partner said she thinks there's a pro vax algorithm on Facebook that is pushing certain "news" stories into her feed. With a minute of google the connection is obvious!
My response was along the lines of "they're probably owned by the same money". A quick google search would show this to be correct.
A quick google search will show that Vanguard Group owns a stake in Pfizer of around 8% and is also one of the largest institutional investors in Facebook with holdings in the area of 17%.
In fact Vanguard Group appears to be the largest holder with 17%, with Mark Zuckerberg himself coming in at around 16%.
I'll point out that Black Rock Inc also holds Facebook, and it accounts for it's 4th largest holding.
Facebook is the fourth-largest holding of this fund, at about 2.2% of invested assets. https://www.investopedia.com/
Is there anything Black Rock doesn't own is the question!
Fortunately this first question is an easy one to answer as these funds are required to publicly disclose their holders.
2021-01-29 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 396,973,512 shares of Pfizer Inc. (US:PFE). This represents 7.1 percent ownership of the company. In their previous filing dated 2020-02-05, BlackRock Inc. had reported owning 426,228,360 shares, indicating a decrease of -6.86 percent. https://fintel.io
Black Rock Inc who owns a 2% stake in Facebook also owns a 17% stake in Pfizer, or 426M shares.
Ciao for now,
