Current Assets
Securities borrowed
Blackrock Securities borrowed increased by 27.0% to $7.92B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 30.7%, from $6.06B to $7.92B. Over 2 years (FY 2023 to FY 2025), Securities borrowed shows an upward trend with a 31.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025
How to read this metric
Higher levels indicate increased trading activity or a larger short-interest book, while lower levels suggest reduced market-making volume or tighter risk management.
Detailed definition
This metric captures the value of securities acquired from other parties, usually to cover short positions or facilitate...
Peer comparison
Common in investment banking divisions; comparable to securities borrowed reported by major broker-dealers.
Metric ID:
fin_securities_borrowedHistorical Data
7 periods
| Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|
| Value | $4.56B | $6.36B | $6.06B | $5.80B | $6.29B | $6.24B | $7.92B |
| QoQ Change | — | +39.4% | -4.7% | -4.2% | +8.4% | -0.9% | +27.0% |
| YoY Change | — | — | +32.9% | — | — | -1.9% | +30.7% |
Range$4.56B – $7.92B
CAGR+44.6%
Avg YoY Growth+20.6%
Median YoY Growth+30.7%
Securities borrowed at Other Companies
Frequently Asked Questions
- What is Blackrock's securities borrowed?
- Blackrock (BLK) reported securities borrowed of $7.92B in Q4 2025.
- How has Blackrock's securities borrowed changed year-over-year?
- Blackrock's securities borrowed increased by 30.7% year-over-year, from $6.06B to $7.92B.
- What is the long-term trend for Blackrock's securities borrowed?
- Over 2 years (2023 to 2025), Blackrock's securities borrowed has grown at a 31.8% compound annual growth rate (CAGR), from $4.56B to $7.92B.
- What does securities borrowed mean?
- The value of securities temporarily obtained from other parties, typically to support trading or short-selling activities.