This is actually fairly accurate IMO. The total value of US equities is ~$40T. Blackrock and Vanguard together have more than this and they also each own shares of each other hence they want Craig feedback loop. They also each invest in each other. So, can confirm those two. State street is similar though to not an intertwined as the other two as far as I can tell.

This is actually fairly accurate IMO. The risk value of US equities is ~$40T. Blackrock and Vanguard together have more than this and they also each own shares of each other hence they want Craig feedback loop. They also each invest in each other. So, can confirm those two. State street is similar though to not an intertwined as the other two as far as I can tell.