2025 Quarterly Report
(Unaudited)
|
BlackRock Advantage Global Fund, Inc.
|
Not FDIC Insured • May Lose Value • No Bank Guarantee
|
Security
|
|
Shares
|
Value
|
Common Stocks
|
|||
Australia — 0.7%
|
|
||
BHP Group Ltd., Class DI
|
|
75,734
|
$ 1,837,545
|
Glencore PLC
|
|
387,741
|
1,419,181
|
|
|
|
3,256,726
|
Austria — 0.0%
|
|
||
OMV AG
|
|
2,540
|
130,801
|
Brazil — 0.7%
|
|
||
B3 SA - Brasil Bolsa Balcao
|
|
725,527
|
1,543,499
|
Isa Energia Brasil SA
|
|
33,491
|
131,113
|
Lojas Renner SA
|
|
495,473
|
1,061,892
|
Marfrig Global Foods SA
|
|
77,042
|
243,826
|
Pagseguro Digital Ltd., Class A(a)
|
|
36,772
|
280,570
|
|
|
|
3,260,900
|
Canada — 2.4%
|
|
||
Barrick Gold Corp.
|
|
247,280
|
4,801,086
|
CGI, Inc.
|
|
11,247
|
1,122,785
|
Keyera Corp.
|
|
982
|
30,524
|
Kinross Gold Corp.
|
|
111,588
|
1,405,852
|
Thomson Reuters Corp.
|
|
15,507
|
2,675,969
|
Toronto-Dominion Bank
|
|
7,790
|
466,788
|
|
|
|
10,503,004
|
China — 3.4%
|
|
||
Alibaba Group Holding Ltd.
|
|
23,900
|
395,449
|
BOE Technology Group Co. Ltd., Class A
|
|
2,333,400
|
1,333,460
|
BYD Co. Ltd., Class A
|
|
45,400
|
2,355,146
|
Contemporary Amperex Technology Co. Ltd., Class A
|
|
26,400
|
922,276
|
Ping An Insurance Group Co. of China Ltd., Class A
|
|
168,200
|
1,196,136
|
Tencent Holdings Ltd.
|
|
114,800
|
7,335,250
|
Wuliangye Yibin Co. Ltd., Class A
|
|
36,400
|
658,570
|
Xiaomi Corp., Class B(a)(b)
|
|
86,800
|
549,247
|
Yangzijiang Shipbuilding Holdings Ltd.
|
|
106,300
|
186,559
|
|
|
|
14,932,093
|
Denmark — 0.1%
|
|
||
AP Moller - Maersk A/S, Class B
|
|
73
|
127,051
|
Genmab A/S(a)
|
|
1,493
|
290,867
|
|
|
|
417,918
|
France — 2.1%
|
|
||
AXA SA
|
|
21,450
|
916,467
|
BNP Paribas SA
|
|
37,033
|
3,095,193
|
Danone SA
|
|
26,131
|
1,998,635
|
Eiffage SA
|
|
5,644
|
657,124
|
Engie SA
|
|
140,510
|
2,737,952
|
Hermes International SCA
|
|
50
|
131,556
|
|
|
|
9,536,927
|
Germany — 3.6%
|
|
||
adidas AG
|
|
21,245
|
5,010,854
|
Allianz SE, Registered Shares
|
|
5,510
|
2,108,730
|
Deutsche Telekom AG, Registered Shares
|
|
169,573
|
6,260,629
|
SAP SE
|
|
5,720
|
1,532,671
|
Siemens AG, Class N, Registered Shares
|
|
4,352
|
1,005,078
|
Siemens Energy AG(a)
|
|
4,120
|
244,242
|
|
|
|
16,162,204
|
Hong Kong — 0.3%
|
|
||
AIA Group Ltd.
|
|
180,200
|
1,364,090
|
India — 1.1%
|
|
||
Alkem Laboratories Ltd.
|
|
3,225
|
183,704
|
Birlasoft Ltd.
|
|
43,692
|
196,406
|
Security
|
|
Shares
|
Value
|
India (continued)
|
|
||
Dixon Technologies India Ltd.
|
|
2,611
|
$ 400,466
|
DLF Ltd.
|
|
52,897
|
418,122
|
Infosys Ltd.
|
|
56,100
|
1,027,951
|
KPIT Technologies Ltd.
|
|
11,493
|
174,102
|
Larsen & Toubro Ltd.
|
|
24,933
|
1,013,932
|
Lupin Ltd.
|
|
22,306
|
528,162
|
SBI Life Insurance Co. Ltd.(b)
|
|
7,734
|
139,504
|
Trent Ltd.
|
|
4,302
|
266,678
|
Voltas Ltd.
|
|
43,132
|
733,795
|
|
|
|
5,082,822
|
Israel — 0.4%
|
|
||
Wix.com Ltd.(a)
|
|
11,364
|
1,856,650
|
Italy — 0.5%
|
|
||
Intesa Sanpaolo SpA
|
|
421,535
|
2,172,450
|
Japan — 6.7%
|
|
||
ANA Holdings, Inc.
|
|
29,300
|
540,841
|
Canon, Inc.
|
|
4,100
|
127,851
|
Daikin Industries Ltd.
|
|
9,800
|
1,063,482
|
Daiwa House Industry Co. Ltd.
|
|
3,800
|
125,683
|
KDDI Corp.
|
|
69,300
|
1,094,639
|
Keyence Corp.
|
|
500
|
196,605
|
Mitsubishi Electric Corp.
|
|
20,700
|
381,755
|
Mitsubishi UFJ Financial Group, Inc.
|
|
497,800
|
6,786,912
|
Mitsui & Co. Ltd.
|
|
13,700
|
258,289
|
Mitsui Fudosan Co. Ltd.
|
|
103,400
|
925,955
|
Mizuho Financial Group, Inc.
|
|
43,300
|
1,188,313
|
MS&AD Insurance Group Holdings, Inc.
|
|
42,900
|
932,982
|
Murata Manufacturing Co. Ltd.
|
|
24,500
|
377,911
|
Nippon Telegraph & Telephone Corp.
|
|
380,800
|
368,032
|
Nomura Holdings, Inc.
|
|
312,700
|
1,926,832
|
Obayashi Corp.
|
|
53,200
|
709,706
|
Panasonic Holdings Corp.
|
|
90,500
|
1,079,620
|
Recruit Holdings Co. Ltd.
|
|
15,900
|
823,799
|
SoftBank Corp.
|
|
165,400
|
230,729
|
SoftBank Group Corp.
|
|
5,500
|
281,324
|
Sony Group Corp.
|
|
140,000
|
3,542,418
|
Sumitomo Mitsui Financial Group, Inc.
|
|
130,200
|
3,348,042
|
Tokio Marine Holdings, Inc.
|
|
36,900
|
1,435,514
|
Tokyo Electron Ltd.
|
|
7,900
|
1,083,347
|
Toyota Motor Corp.
|
|
46,700
|
825,530
|
|
|
|
29,656,111
|
Malaysia — 0.0%
|
|
||
YTL Corp. Bhd.
|
|
290,000
|
131,432
|
Russia(a)(c) — 0.0%
|
|
||
Alrosa PJSC
|
|
18,331
|
2
|
Mobile TeleSystems PJSC
|
|
3,760
|
1
|
|
|
|
3
|
Singapore — 0.5%
|
|
||
DBS Group Holdings Ltd.
|
|
69,500
|
2,386,721
|
South Korea — 1.7%
|
|
||
CJ Logistics Corp.
|
|
2,974
|
174,853
|
Coupang, Inc.(a)
|
|
23,208
|
508,952
|
KCC Corp.
|
|
726
|
125,157
|
Kia Corp.
|
|
8,473
|
535,906
|
LG Display Co. Ltd.(a)
|
|
21,078
|
127,024
|
NAVER Corp.
|
|
10,868
|
1,420,270
|
Security
|
|
Shares
|
Value
|
South Korea (continued)
|
|
||
Samsung Electronics Co. Ltd.
|
|
91,205
|
$ 3,615,864
|
SK Hynix, Inc.
|
|
9,211
|
1,227,881
|
|
|
|
7,735,907
|
Sweden — 0.5%
|
|
||
Assa Abloy AB, Class B
|
|
25,183
|
756,025
|
Atlas Copco AB, Class A
|
|
16,884
|
269,695
|
Telefonaktiebolaget LM Ericsson, B Shares
|
|
126,659
|
985,502
|
|
|
|
2,011,222
|
Switzerland — 4.2%
|
|
||
ABB Ltd., Registered Shares
|
|
111,195
|
5,737,431
|
Cie Financiere Richemont SA, Class A, Registered
Shares
|
|
11,088
|
1,935,586
|
DSM-Firmenich AG
|
|
6,007
|
594,681
|
Novartis AG, Registered Shares
|
|
71,542
|
7,946,156
|
TE Connectivity PLC
|
|
18,315
|
2,588,276
|
|
|
|
18,802,130
|
Taiwan — 2.1%
|
|
||
Accton Technology Corp.
|
|
12,000
|
212,604
|
AUO Corp.
|
|
303,000
|
124,056
|
Bizlink Holding, Inc.
|
|
26,000
|
404,139
|
Chroma ATE, Inc.
|
|
55,000
|
480,607
|
Elan Microelectronics Corp.
|
|
32,000
|
132,602
|
MediaTek, Inc.
|
|
67,354
|
2,902,987
|
Taiwan Semiconductor Manufacturing Co. Ltd.
|
|
175,000
|
4,928,522
|
|
|
|
9,185,517
|
Turkey — 0.1%
|
|
||
Migros Ticaret A/S
|
|
26,244
|
342,508
|
United Kingdom — 3.4%
|
|
||
AstraZeneca PLC
|
|
25,102
|
3,686,094
|
BAE Systems PLC
|
|
106,959
|
2,159,767
|
Direct Line Insurance Group PLC
|
|
44,826
|
163,108
|
Flutter Entertainment PLC(a)
|
|
773
|
171,258
|
Informa PLC
|
|
136,693
|
1,370,606
|
International Consolidated Airlines Group SA
|
|
270,834
|
916,433
|
Intertek Group PLC
|
|
7,244
|
471,036
|
Rolls-Royce Holdings PLC(a)
|
|
74,758
|
726,600
|
Smiths Group PLC
|
|
31,674
|
794,795
|
TechnipFMC PLC
|
|
40,606
|
1,286,804
|
Tesco PLC
|
|
737,737
|
3,173,953
|
|
|
|
14,920,454
|
United States — 63.4%
|
|
||
3M Co.
|
|
2,359
|
346,443
|
AbbVie, Inc.
|
|
11,182
|
2,342,853
|
Accenture PLC, Class A
|
|
6,414
|
2,001,425
|
Adobe, Inc.(a)
|
|
6,546
|
2,510,587
|
AECOM
|
|
8,445
|
783,105
|
Allstate Corp.
|
|
4,091
|
847,123
|
Alphabet, Inc., Class A
|
|
45,227
|
6,993,903
|
Alphabet, Inc., Class C
|
|
22,209
|
3,469,712
|
Amazon.com, Inc.(a)
|
|
57,218
|
10,886,297
|
American Express Co.
|
|
1,110
|
298,646
|
AMETEK, Inc.
|
|
3,760
|
647,246
|
Amgen, Inc.
|
|
2,361
|
735,570
|
Apple, Inc.
|
|
102,594
|
22,789,205
|
Applied Materials, Inc.
|
|
2,014
|
292,272
|
Bank of America Corp.
|
|
202,964
|
8,469,688
|
BioMarin Pharmaceutical, Inc.(a)
|
|
4,296
|
303,684
|
Booking Holdings, Inc.
|
|
1,584
|
7,297,345
|
BorgWarner, Inc.
|
|
7,293
|
208,944
|
Security
|
|
Shares
|
Value
|
United States (continued)
|
|
||
Broadcom, Inc.
|
|
15,382
|
$ 2,575,408
|
BRP, Inc.
|
|
770
|
25,999
|
Charles Schwab Corp.
|
|
37,309
|
2,920,549
|
Cheniere Energy, Inc.
|
|
8,671
|
2,006,469
|
Chevron Corp.
|
|
17,184
|
2,874,711
|
Cigna Group
|
|
2,592
|
852,768
|
Cisco Systems, Inc.
|
|
61,265
|
3,780,663
|
Citigroup, Inc.
|
|
51,070
|
3,625,459
|
CME Group, Inc.
|
|
20,997
|
5,570,294
|
Coca-Cola Co.
|
|
24,827
|
1,778,110
|
Colgate-Palmolive Co.
|
|
72,918
|
6,832,417
|
Comcast Corp., Class A
|
|
112,511
|
4,151,656
|
Costco Wholesale Corp.
|
|
3,518
|
3,327,254
|
Crown Holdings, Inc.
|
|
2,478
|
221,186
|
CSL Ltd.
|
|
1,363
|
214,522
|
Delta Air Lines, Inc.
|
|
14,249
|
621,256
|
Digital Realty Trust, Inc.
|
|
3,307
|
473,860
|
Eaton Corp. PLC
|
|
6,686
|
1,817,455
|
Eli Lilly & Co.
|
|
4,621
|
3,816,530
|
Experian PLC
|
|
29,934
|
1,387,000
|
Fortinet, Inc.(a)
|
|
17,640
|
1,698,026
|
Gilead Sciences, Inc.
|
|
9,216
|
1,032,653
|
GSK PLC
|
|
45,022
|
860,379
|
Hartford Financial Services Group, Inc.
|
|
12,337
|
1,526,457
|
HCA Healthcare, Inc.
|
|
5,809
|
2,007,300
|
Home Depot, Inc.
|
|
2,723
|
997,952
|
Incyte Corp.(a)
|
|
4,615
|
279,438
|
JPMorgan Chase & Co.
|
|
22,465
|
5,510,664
|
KLA Corp.
|
|
1,153
|
783,809
|
Lam Research Corp.
|
|
39,803
|
2,893,678
|
Lockheed Martin Corp.
|
|
5,225
|
2,334,060
|
Marathon Petroleum Corp.
|
|
10,933
|
1,592,829
|
MasTec, Inc.(a)
|
|
13,916
|
1,624,136
|
Medtronic PLC
|
|
50,451
|
4,533,527
|
Merck & Co., Inc.
|
|
1,467
|
131,678
|
Meta Platforms, Inc., Class A
|
|
14,589
|
8,408,516
|
Microsoft Corp.
|
|
48,163
|
18,079,909
|
Moody’s Corp.
|
|
13,220
|
6,156,422
|
Morgan Stanley
|
|
50,976
|
5,947,370
|
Motorola Solutions, Inc.
|
|
13,954
|
6,109,201
|
Northrop Grumman Corp.
|
|
8,086
|
4,140,113
|
NVIDIA Corp.
|
|
156,365
|
16,946,839
|
NVR, Inc.(a)
|
|
132
|
956,259
|
Pfizer, Inc.
|
|
153,191
|
3,881,860
|
Philip Morris International, Inc.
|
|
7,684
|
1,219,681
|
PNC Financial Services Group, Inc.
|
|
16,326
|
2,869,621
|
Procter & Gamble Co.
|
|
6,373
|
1,086,087
|
QUALCOMM, Inc.
|
|
38,514
|
5,916,136
|
Regeneron Pharmaceuticals, Inc.
|
|
638
|
404,639
|
Reinsurance Group of America, Inc.
|
|
2,060
|
405,614
|
ResMed, Inc.
|
|
9,690
|
2,169,106
|
Roche Holding AG
|
|
9,735
|
3,204,057
|
S&P Global, Inc.
|
|
15,318
|
7,783,076
|
SailPoint, Inc.(a)
|
|
4,008
|
75,150
|
Schneider Electric SE
|
|
3,461
|
798,955
|
ServiceNow, Inc.(a)
|
|
2,373
|
1,889,240
|
Shell PLC
|
|
231,808
|
8,437,878
|
Simon Property Group, Inc.
|
|
16,770
|
2,785,162
|
Tesla, Inc.(a)
|
|
9,091
|
2,356,024
|
Trane Technologies PLC
|
|
16,165
|
5,446,312
|
UnitedHealth Group, Inc.
|
|
10,433
|
5,464,284
|
Ventas, Inc.
|
|
1,905
|
130,988
|
Security
|
|
Shares
|
Value
|
United States (continued)
|
|
||
Verizon Communications, Inc.
|
|
15,306
|
$ 694,280
|
Vertex Pharmaceuticals, Inc.(a)
|
|
1,031
|
499,849
|
Visa, Inc., Class A
|
|
18,526
|
6,492,622
|
Walmart, Inc.
|
|
35,626
|
3,127,607
|
|
|
|
281,787,057
|
Total Common Stocks — 97.9%
(Cost: $370,753,245)
|
435,635,647
|
||
Preferred Securities
|
|||
Preferred Stocks — 0.1%
|
|||
Brazil — 0.1%
|
|
||
Marcopolo SA
|
|
153,955
|
165,112
|
Usinas Siderurgicas de Minas Gerais S/A Usiminas,
Class A
|
|
129,981
|
129,379
|
|
|
|
294,491
|
Total Preferred Securities — 0.1%
(Cost: $368,285)
|
294,491
|
||
Total Long-Term Investments — 98.0%
(Cost: $371,121,530)
|
435,930,138
|
Security
|
|
Shares
|
Value
|
Short-Term Securities
|
|||
Money Market Funds — 1.7%
|
|
||
BlackRock Liquidity Funds, T-Fund, Institutional Shares,
4.22%(d)(e)
|
|
7,681,643
|
$ 7,681,643
|
Total Short-Term Securities — 1.7%
(Cost: $7,681,643)
|
7,681,643
|
||
Total Investments — 99.7%
(Cost: $378,803,173)
|
443,611,781
|
||
Other Assets Less Liabilities — 0.3%
|
1,200,887
|
||
Net Assets — 100.0%
|
$ 444,812,668
|
(a)
|
Non-income producing security.
|
(b)
|
Security exempt from registration pursuant to Rule 144A under the Securities Act of
1933,
as amended. These securities may be resold in transactions exempt from registration
to
qualified institutional investors.
|
(c)
|
Security is valued using significant unobservable inputs and is classified as Level
3 in the
fair value hierarchy.
|
(d)
|
Affiliate of the Fund.
|
(e)
|
Annualized 7-day yield as of period end.
|
Affiliated Issuer
|
Value at
06/30/24
|
Purchases
at Cost
|
Proceeds
from Sales
|
Net
Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Value at
03/31/25
|
Shares
Held at
03/31/25
|
Income
|
Capital Gain
Distributions
from
Underlying
Funds
|
BlackRock Cash Funds: Institutional, SL Agency Shares(a)
|
$ —
|
$ —
|
$ (865
)(b)
|
$ 865
|
$ —
|
$ —
|
—
|
$ 689
(c)
|
$ —
|
BlackRock Liquidity Funds, T-Fund, Institutional Shares
|
6,831,991
|
849,652
(b)
|
—
|
—
|
—
|
7,681,643
|
7,681,643
|
254,026
|
—
|
|
|
|
|
$ 865
|
$ —
|
$ 7,681,643
|
|
$ 254,715
|
$ —
|
(a)
|
As of period end, the entity is no longer held.
|
(b)
|
Represents net amount purchased (sold).
|
(c)
|
All or a portion represents securities lending income earned from the reinvestment
of cash collateral from loaned securities, net of collateral investment fees, and
other payments to and
from borrowers of securities.
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Notional
Amount (000)
|
Value/
Unrealized
Appreciation
(Depreciation)
|
Long Contracts
|
|
|
|
|
MSCI EAFE Index
|
17
|
06/20/25
|
$ 2,054
|
$ (68,009
)
|
MSCI Emerging Markets Index
|
16
|
06/20/25
|
889
|
(26,889
)
|
S&P 500 E-Mini Index
|
18
|
06/20/25
|
5,088
|
(49,173
)
|
|
|
|
|
$ (144,071
)
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
Assets
|
|
|
|
|
Investments
|
|
|
|
|
Long-Term Investments
|
|
|
|
|
Common Stocks
|
|
|
|
|
Australia
|
$ —
|
$ 3,256,726
|
$ —
|
$ 3,256,726
|
Austria
|
—
|
130,801
|
—
|
130,801
|
Brazil
|
3,260,900
|
—
|
—
|
3,260,900
|
Canada
|
10,503,004
|
—
|
—
|
10,503,004
|
China
|
—
|
14,932,093
|
—
|
14,932,093
|
Denmark
|
—
|
417,918
|
—
|
417,918
|
France
|
—
|
9,536,927
|
—
|
9,536,927
|
Germany
|
—
|
16,162,204
|
—
|
16,162,204
|
Hong Kong
|
—
|
1,364,090
|
—
|
1,364,090
|
India
|
—
|
5,082,822
|
—
|
5,082,822
|
Israel
|
1,856,650
|
—
|
—
|
1,856,650
|
Italy
|
—
|
2,172,450
|
—
|
2,172,450
|
Japan
|
—
|
29,656,111
|
—
|
29,656,111
|
Malaysia
|
—
|
131,432
|
—
|
131,432
|
Russia
|
—
|
—
|
3
|
3
|
Singapore
|
—
|
2,386,721
|
—
|
2,386,721
|
South Korea
|
508,952
|
7,226,955
|
—
|
7,735,907
|
Sweden
|
—
|
2,011,222
|
—
|
2,011,222
|
Switzerland
|
2,588,276
|
16,213,854
|
—
|
18,802,130
|
Taiwan
|
—
|
9,185,517
|
—
|
9,185,517
|
Turkey
|
342,508
|
—
|
—
|
342,508
|
United Kingdom
|
1,458,062
|
13,462,392
|
—
|
14,920,454
|
United States
|
266,884,266
|
14,902,791
|
—
|
281,787,057
|
Preferred Securities
|
|
|
|
|
Preferred Stocks
|
294,491
|
—
|
—
|
294,491
|
Short-Term Securities
|
|
|
|
|
Money Market Funds
|
7,681,643
|
—
|
—
|
7,681,643
|
|
$ 295,378,752
|
$ 148,233,026
|
$ 3
|
$ 443,611,781
|
Derivative Financial Instruments(a)
|
|
|
|
|
Liabilities
|
|
|
|
|
Equity Contracts
|
$ (144,071
)
|
$ —
|
$ —
|
$ (144,071
)
|
(a)
|
Derivative financial instruments are futures contracts. Futures contracts are valued
at the unrealized appreciation (depreciation) on the instrument.
|