The Granular Nature of Large Institutional Investors

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Does common ownership really increase firm coordination? (2020, background): “Third, following Ben-David et al. (2018), we aggregate the holdings of Blackrock, which are listed under six different manager numbers, into a single entity.”
Common Ownership, Competition, and Top Management Incentives (2016, methodology): “We augment this data by scraping SEC 13F filings following Ben-David et al. (2020), which resolves the issues of stale and omitted institutional reports, excluded securities, and missing holdings from 2000 onward.”
Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives (2019, unknown): “We follow Ben-David et al. (2018) and aggregate these holdings since Blackrock exercises its influence and votes these shares at the parent level.”
Institutional Investors and Corporate Governance: The Incentive to Be Engaged (2018, unknown): “Third, we aggregate (separately) the holdings of Blackrock and Capital Group, which Thomson Reuters reports under multiple entities (see also Ben-David et al. 2018).”
Common Ownership in America: 1980–2017 (2019, background): “13This is one of the documented issues with the s34 database; see Ben-David et al. (2018).”