SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Itau Unibanco Holding S.A.
Filing Type: Form 13F Information Table (Statement of Holdings)
Reporting Period: Quarter ended September 30, 2021
Context: This filing discloses the equity securities held by the investment manager as of the end of the quarter. It is a regulatory disclosure of portfolio composition, not a financial performance report of the bank itself.
Key Financial Metrics and Portfolio Composition
Total Portfolio Value: The filing lists individual security values but does not explicitly state a consolidated total portfolio value in the text provided. The values are reported in thousands of dollars (Column 4).
Top Holdings by Value (Selected):
- Vanguard Index Fds S&P 500 ETF: $665,854,000 (1,688,272 shares)
- Itau Unibanco Hldg S A (Own Stock): $50,898,000 (9,658,135 shares)
- Facebook Inc (Meta): $50,010,000 (147,354 shares)
- Vale S A: $54,408,000 (3,900,194 shares)
- Amazon.com Inc: $27,765,000 (8,452 shares)
- Alphabet Inc (Class A): $22,131,000 (8,278 shares)
- Microsoft Corp: $31,549,000 (111,907 shares)
- Apple Inc: $17,717,000 (125,210 shares)
- Netflix Inc: $17,431,000 (28,560 shares)
- Nvidia Corp: $15,778,000 (76,162 shares)
Derivatives: The portfolio includes call and put options on various issuers (e.g., Alphabet, Amazon, Apple, Microsoft, Netflix, Nvidia, PayPal, Twitter, Zoom) and ETFs (e.g., SPDR S&P 500, iShares).
Material Changes vs. Prior Period
Comparison Data: The provided text contains only the snapshot of holdings for the quarter ended September 30, 2021. It does not include the prior quarter's data (June 30, 2021) within this specific document text. Therefore, specific material changes (buys/sells) cannot be calculated from this source alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy. The portfolio shows significant exposure to technology, financials, and emerging markets (notably Brazil and China via ADRs and ETFs), which implies exposure to sector-specific and geopolitical risks, though these are not explicitly detailed in the filing text.
Key Facts for Investor Verification
- Self-Holding: Itau Unibanco holds a significant position in its own stock (approx. $50.9 million), which may be part of treasury management or employee benefit plans.
- Concentration: The portfolio is heavily weighted toward large-cap US technology stocks (Apple, Microsoft, Amazon, Meta, Google, Nvidia) and broad market ETFs (Vanguard S&P 500).
- Emerging Market Exposure: Significant holdings in Brazilian companies (Vale, Petrobras, Banco Bradesco, Ambev) and Chinese companies (Alibaba, Baidu, Sea Ltd) via ADRs.
- Derivative Usage: The presence of call and put options suggests active risk management or hedging strategies on major tech holdings.
- Data Limitation: This document lists holdings only; it does not provide revenue, profit, cash flow, or debt metrics for Itau Unibanco itself. Investors must refer to the company's 10-K or 20-F filings for financial performance.