| Rank | Name | U.S. institutional tax-exempt AUM ($M) |
|---|---|---|
| 1 | BlackRock Inc. | $831,742.0 |
| 2 | State Street Global Advisors | $694,512.0 |
| 3 | Fidelity Investments | $573,538.8 |
| 4 | Northern Trust Global Investments | $460,000.0 |
| 5 | Vanguard Group Inc. | $451,692.0 |
| 6 | TIAA-CREF | $408,747.0 |
| 7 | Pacific Investment Management Co. LLC | $396,050.0 |
| 8 | BNY Mellon Asset Management | $381,363.0 |
| 9 | Prudential Financial | $330,720.0 |
| 10 | J.P. Morgan Asset Management | $212,309.0 |
| 11 | Legg Mason Inc. | $203,477.4 |
| 12 | Capital Research & Management Co. | $196,463.0 |
| 13 | T. Rowe Price Associates Inc. | $193,991.0 |
| 14 | Wellington Management Co. LLP | $165,908.0 |
| 15 | MetLife Inc. | $156,580.0 |
| 16 | Principal Global Investors | $136,399.0 |
| 17 | Dodge & Cox | $130,352.4 |
| 18 | ING Investment Management US | $126,717.0 |
| 19 | Loomis, Sayles & Co. LP | $115,876.0 |
| 20 | The Goldman Sachs Group Inc. | $109,000.0 |
| 21 | Invesco | $104,739.1 |
| 22 | AllianceBernstein LP | $96,433.0 |
| 23 | Geode Capital Management | $90,900.0 |
| 24 | Morgan Stanley | $86,099.0 |
| 25 | Dimensional Fund Advisors LP | $84,715.0 |
| As of December 31, 2011. All Data and information is the property of Pensions & Investments (P&I) and others and is protected by copyright and other intellectual property laws. All rights are reserved by P&I. The Data may not be resold, republished, redistributed, sublicensed or publicly displayed on a Web site without the permission of P&I. | ||
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