Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter
According to the several NPORT-P forms filed on Wednesday, Blackrock — the world’s largest investment manager — has been adding NIO shares over the last weeks/ months via iShares ETFs.
Blackrock created the world’s first index strategy more than 30 years ago and acquired the iShares ETF brand and business from Barclays in 2009. Currently, 24 of iShares’ 399 ETFs have NIO stock in their portfolio.
iShares MSCI Emerging Markets ETF bought a total of 315,611 shares (+6.29 percent) from April 26 until the end of May while iShares MSCI China ETF added 430,578 shares (+11.69 percent) in the same period. Both of them opened position on the EV maker in late 2019, a couple months after the first deliveries of the ES6 model.
iShares China ETF — NIO Holdings
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As of May 31, 2022, these iShares ETFs held 5,334,818 and 4,113,138 shares of NIO (respectively) bringing up the total up to 9,447,956 shares.
From all the 24 different ETFs, the one where NIO has the biggest exposure is the iShares Self-Driving EV and Tech ETF with the Chinese EV maker representing 1.95% followed by the Global Sustainable Development Goals ETF with 1.56% and the China ETF (previously mentioned) with NIO shares representing 1.18% of the portfolio.
Biggest iShares ETFs holding NIO Stock
| FILE DATE | ISHARES ETF | SHARES | CHANGE |
| July 27, 2022 | Core MSCI Emerging Markets | 11,680,271 | -0.16% |
| July 27, 2022 | MSCI Emerging Markets | 5,334,818 | 6.29% |
| July 27, 2022 | MSCI China | 4,113,138 | 11.69% |
| July 27, 2022 | Core MSCI Total International Stock | 1,384,318 | -2.74% |
| July 27, 2022 | ESG MSCI EM | 1,018,260 | -19.92% |
| July 27, 2022 | MSCI All Country Asia ex Japan | 826,056 | -10.77% |
| July 27, 2022 | MSCI ACWI | 378,595 | 10.67% |
| July 27, 2022 | Self-Driving EV and Tech | 349,219 | -14.23% |
| July 27, 2022 | MSCI Global Impact | 246,414 | 20.55% |
The iShares ETF that dropped more NIO shares was the iShares ESG MSCI EM ETF that reported now holding 1,018,260 shares of NIO shares as of the end of May, 19.92% less than on April 26 when was holding 1,271,558 shares.
iShares is the leading force in global exchange-traded funds (ETFs), with over $1 Trillion invested in 716 ETPs and 37.8% of the world’s total ETF assets under management invested in iShares funds.
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On Tuesday, NIO said it will hold an annual general meeting (AGM) of shareholders on August 25 at Building 16, No. 56 AnTuo Road, Shanghai to pass the Proposed Resolutions set forth in the Notice of AGM.
Last week, Deutsche Bank analyst Edison Yu was among the guests at the China EV Ride & Drive event held last week in Oslo (Norway) where he had the opportunity to test drive many Chinese EV models and to participate in a virtual roundtable with NIO‘s CFO Steven Feng.
In his most recent customer note, Yu said that the company will enter all four markets scheduled for the coming months with the ET7 sedan, something that had only been confirmed for Germany – and the Dutch Market through a later deleted tweet.
Last week, the company posted two job vacancies on LinkedIn for its Purchasing team in Hungary namely a Senior Buyer and an Indirect Spend Buyer. Both of them will have the responsibility of driving “procurement activities primarily in areas of plant related services as well as production material”.
Meanwhile, the company is already preparing for the second phase of its European expansion into eight new countries: Austria, Belgium, France, Hungary, Italy, Spain, Switzerland, and Portugal. During the last NIO day — held in December 2021 — the EV maker confirmed its plan to expand its services to 25 markets by 2025.
Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter