Written by Cláudio Afonso | info@claudio-afonso.com
Blackrock, the world’s largest investment manager, increased its position on NIO during the last quarter of 2021 via iShares ETFs. The company responsible for iShares ETFs is BlackRock, which acquired the brand and business from Barclays in 2009. Blackrock created the first world’s first index strategy more than 30 years ago. Currently, 25 out of the 392 ETFs that iShares has, have a stake on the US-listed Chinese EV maker NIO.
The Self-Driving EV and Tech is the iShares’ ETF with the most exposure to NIO having a 1.33% weight on the portfolio. The ETF is followed by iShares MSCI China ETF (1.31%) and iShares MSCI Global Sustainable Development Goals ETF with 1.19%. The NPORT-P forms were published during the last days, between March 27 and March 29.
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 are invested in iShares funds. Read more about iShares ETFs here.
On February 10, BlackRock disclosed an ownership of 64,036,975 shares of NIO with total holdings valued at $2,028,693,000 USD as of December 31,2021. The Fund had filed a previous 13F-HR on November 9, 2021, disclosing 61,624,811 shares of NIO ($2,195,693,000 USD). This represents a 3.91% increase in ownership and a change in value of -7.61% during the last quarter of 2021.
Larry Fink, BlackRock Chief Executive, has an influent voice on matters of climate change and has been urging other companies’ leaders to consider the associated risks. As of December 2021, BlackRock manages a staggering $10 trillion of other people’s money. That’s more than the gross domestic product of every country in the world, except for the US and China — as Business Insider recently reported.
iShares ETFs with the biggest positions on NIO
iShares Core MSCI Emerging Markets ETF
As of December 31, 2021, the ETF owned 11,902,893 shares of NIO with total holdings valued at $465,760,203 USD. On the previous form filed on October 27, 2021, the ETF disclosed owning 11,188,175 shares of NIO Inc at a value of $439,807,159 USD. During Q4 2021, the ETF increased its position on NIO by 6.39% while the value of its holdings increased 5.90%.
iShares MSCI Emerging Markets ETF
As of November 30, 2021, the ETF was owning 5,097,092 shares of NIO with total holdings valued at $199,449,209 USD. On the previous form filed on October 27, 2021, the ETF disclosed owning 4,923,621 shares of Nio Inc at a value of $193,547,541 USD. During Q4 2021, the ETF increased its position on NIO by 3.52% while the value of its holdings increased 3.05% during the quarter.
iShares MSCI China ETF
As of November 30, 2021, the ETF owned 3,205,332 shares of NIO with total holdings valued at $125,424,641 USD. On the previous form filed on October 27, 2021, the ETF disclosed owning 2,878,472 shares of NIO at a value of $113,152,734 USD. During Q4 2021, the ETF increased its position on NIO by 11.36% while the value of its holdings increased 10.85%.
iShares Core MSCI Total International Stock ETF
Ended the year of 2021 with a ownership of 1,423,380 shares of NIO with total holdings valued at $34,887,043 USD. On the previous form filed on December 28, 2021, the ETF disclosed owning 1,358,600 shares of NIO at a value of $53,542,426 USD. This represents a 4.77% increase in ownership and a change in value of -34.84% during the last quarter of 2021.
NIO has currently 825 institutional owners and shareholders holding a total of 592,575,084 shares. Largest shareholders include Baillie Gifford & Co, BlackRock , Vanguard Group, State Street Corp, VWIGX, Goldman Sachs Group, Citadel Advisors, and VEIEX.
Shen Fei, Vice President of Power Management of NIO, was recently at the China EV100 Forum 2022 where he shared his thoughts on the power grid system, battery swap stations and its advantages and disadvantages. This was the 7th time that NIO participated in the China EV100 Forum, an annual event attracts great interest from companies and organizations that are currently active in China.
Earlier this week, NIO’s Co-Founder, Director and President confirmed that NIO ES7 Model will be released at the end of May. Qin was asked about the possibility to see the new model NIO ES7 as soon as next month and responded: “Released at the end of May”.
Written by Cláudio Afonso | info@claudio-afonso.com