BlackRock Trims Nio Stake by 11.8% in Q2, Cuts XPeng Position
BlackRock reduced its Nio holding by 11.8% in Q2, selling 1.2 million shares to end the quarter with 9,461,793 shares valued at $47.9 million, according to its latest 13F filing. The stake had surged in Q1 after smaller changes later in 2025. In the same quarter, BlackRock also cut its XPeng position by 23.5% to 2.2 million shares valued at $29.5 million.