0001775697-20-000766.txt : 20200522 0001775697-20-000766.hdr.sgml : 20200522 20200522072544 ACCESSION NUMBER: 0001775697-20-000766 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200522 PERIOD START: 20201231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BNY MELLON SUSTAINABLE U.S. EQUITY PORTFOLIO, INC. CENTRAL INDEX KEY: 0000890064 IRS NUMBER: 133689327 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07044 FILM NUMBER: 20903643 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS SUSTAINABLE U.S. EQUITY PORTFOLIO, INC. DATE OF NAME CHANGE: 20170502 FORMER COMPANY: FORMER CONFORMED NAME: Dreyfus Sustainable U.S. Equity Portfolio, Inc. DATE OF NAME CHANGE: 20170501 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS SOCIALLY RESPONSIBLE GROWTH FUND INC DATE OF NAME CHANGE: 19920929 0000890064 S000001910 BNY Mellon Sustainable U.S. Equity Portfolio, Inc. C000005026 BNY Mellon Sustainable U.S. Equity Portfolio, Inc. - Initial Shares C000005027 BNY Mellon Sustainable U.S. Equity Portfolio, Inc. - Service Shares NPORT-P 1 primary_doc.xml NPORT-P false 0000890064 XXXXXXXX S000001910 C000005026 C000005027 BNY Mellon Sustainable U.S. Equity Portfolio, Inc. 811-07044 0000890064 549300KVO3GXQ57MUV72 240 Greenwich Street New York 10286 212 495 1784 BNY Mellon Sustainable U.S. Equity Portfolio, Inc. S000001910 549300KVO3GXQ57MUV72 2020-12-31 2020-03-31 N 206209597.11 157400.58 206052196.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 35885.6 N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 CISCO SYSTEMS INC 17275R102 124582.00 NS USD 4897318.42 2.3767368183755 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 APPLE INC 037833100 57860.00 NS USD 14713219.4 7.1405302383456 Long EC CORP US N 1 N N N COSTCO WHOLESALE CORP 29DX7H14B9S6O3FD6V18 COSTCO WHOLESALE CORP 22160K105 17876.00 NS USD 5096983.88 2.47363724621 Long EC CORP US N 1 N N N EBAY INC OML71K8X303XQONU6T67 EBAY INC 278642103 168971.00 NS USD 5079268.26 2.4650396091557 Long EC CORP US N 1 N N N QUALCOMM INC H1J8DDZKZP6H7RWC0H53 QUALCOMM INC 747525103 72209.00 NS USD 4884938.85 2.3707288406842 Long EC CORP US N 1 N N N GILEAD SCIENCES INC 549300WTZWR07K8MNV44 GILEAD SCIENCES INC 375558103 89419.00 NS USD 6684964.44 3.2443063226587 Long EC CORP US N 1 N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 369604103 477667.00 NS USD 3792675.98 1.840638461453 Long EC CORP US N 1 N N N ABBOTT LABORATORIES HQD377W2YR662HK5JX27 ABBOTT LABORATORIES 002824100 86283.00 NS USD 6808591.53 3.3043042707912 Long EC CORP US N 1 N N N NIKE INC 787RXPR0UX0O0XUXPZ81 NIKE INC 654106103 76793.00 NS USD 6353852.82 3.0836132431497 Long EC CORP US N 1 N N N FIRST REPUBLIC BANK/CA YWC0TIKBQM2JV8L4IV08 FIRST REPUBLIC BANK/CA 33616C100 49928.00 NS USD 4108075.84 1.993706405067 Long EC CORP US N 1 N N N ACCENTURE PLC N/A ACCENTURE PLC N/A 42139.00 NS USD 6879613.14 3.338772047013 Long EC CORP IE N 1 N N N GOLDMAN SACHS GROUP INC/THE 1GAMKCZUEVIL7Z1KAW65 GOLDMAN SACHS GROUP INC/THE 38141G104 33917.00 NS USD 5243229.03 2.5446120537893 Long EC CORP US N 1 N N N PEPSICO INC FJSUNZKFNQ5YPJ5OT455 PEPSICO INC 713448108 57886.00 NS USD 6952108.6 3.3739551031613 Long EC CORP US N 1 N N N MERCK & CO INC 4YV9Y5M8S0BRK1RP0397 MERCK & CO INC 58933Y105 90054.00 NS USD 6928754.76 3.3626211594357 Long EC CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP 125896100 58331.00 NS USD 3426946.25 1.6631447311463 Long EC CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 172967424 95057.00 NS USD 4003800.84 1.9431002956656 Long EC CORP US N 1 N N N FIDELITY NATIONAL INFORMATION SERVICES INC 6WQI0GK1PRFVBA061U48 FIDELITY NATIONAL INFORMATION SERVICES INC 31620M106 27637.00 NS USD 3361764.68 1.6315112076519 Long EC CORP US N 1 N N N INTUIT INC VI90HBPH7XSFMB9E4M29 INTUIT INC 461202103 17070.00 NS USD 3926100.00 1.9053909961248 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC 57636Q104 17339.00 NS USD 4188408.84 2.0326931285055 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC 2S72QS2UO2OESLG6Y829 VERIZON COMMUNICATIONS INC 92343V104 112955.00 NS USD 6069072.15 2.9454052187773 Long EC CORP US N 1 N N N DOLLAR GENERAL CORP OPX52SQVOZI8IVSWYU66 DOLLAR GENERAL CORP 256677105 33678.00 NS USD 5085714.78 2.4681681950716 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 MICROSOFT CORP 594918104 97854.00 NS USD 15432554.34 7.4896335005839 Long EC CORP US N 1 N N N AMAZON.COM INC ZXTILKJKG63JELOEG630 AMAZON.COM INC 023135106 6504.00 NS USD 12680978.88 6.1542556175341 Long EC CORP US N 1 N N N PULTEGROUP INC N/A PULTEGROUP INC 745867101 81093.00 NS USD 1809995.76 0.8784161442979 Long EC CORP US N 1 N N N LENNAR CORP 529900G61XVRLX5TJX09 LENNAR CORP 526057104 66192.00 NS USD 2528534.4 1.2271329510587 Long EC CORP US N 1 N N N APPLIED MATERIALS INC 41BNNE1AFPNAZELZ6K07 APPLIED MATERIALS INC 038222105 115943.00 NS USD 5312508.26 2.5782342287365 Long EC CORP US N 1 N N N ACUITY BRANDS INC N/A ACUITY BRANDS INC 00508Y102 14736.00 NS USD 1262285.76 0.6126048551082 Long EC CORP US N 1 N N N INTERNATIONAL FLAVORS & FRAGRANCES INC BZLRL03D3GPGMOGFO832 INTERNATIONAL FLAVORS & FRAGRANCES INC 459506101 30830.00 NS USD 3147126.4 1.5273442617932 Long EC CORP US N 1 N N N MEDTRONIC PLC 549300GX3ZBSQWUXY261 MEDTRONIC PLC N/A 82276.00 NS USD 7419649.68 3.6008592992211 Long EC CORP IE N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC 02079K305 8230.00 NS USD 9562848.5 4.6409835279808 Long EC CORP US N 1 N N N ECOLAB INC 82DYEISM090VG8LTLS26 ECOLAB INC 278865100 13082.00 NS USD 2038568.06 0.9893454640767 Long EC CORP US N 1 N N N INTACT FINANCIAL CORP 5493009LXGE7Y4U9OY43 INTACT FINANCIAL CORP N/A 73105.00 NS 6318312.48 3.0663650212921 Long EC CORP CA N 1 N N N REDWOOD TRUST INC DRBV4N1ERQLEMIF11G78 REDWOOD TRUST INC 758075402 202656.00 NS USD 1025439.36 0.4976599993927 Long EC CORP US N 1 N N N TJX COS INC/THE V167QI9I69W364E2DY52 TJX COS INC/THE 872540109 45969.00 NS USD 2197777.89 1.0666122113772 Long EC CORP US N 1 N N N FERGUSON PLC 213800DU1LGY3R2S2X42 FERGUSON PLC N/A 37168.00 NS 2324144.21 1.1279395459691 Long EC CORP JE N 2 N N N EVERSOURCE ENERGY SJ7XXD41SQU3ZNWUJ746 EVERSOURCE ENERGY 30040W108 52073.00 NS USD 4072629.33 1.9765037202149 Long EC CORP US N 1 N N N ALBEMARLE CORP HDBLS2Q6GV1LSKQPBS54 ALBEMARLE CORP 012653101 60466.00 NS USD 3408468.42 1.6541771829662 Long EC CORP US N 1 N N N DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT MONEY MARKET N/A Dreyfus Institutional Preferred Government Plus Money Market Fund N/A 6931360.94 OU Other Units USD 6931360.94 3.3638859748776 Long STIV RF US N 1 2099-12-01 Variable 0.400386 N N N N N N 2020-05-21 BNY Mellon Advantage Funds, Inc. James Windels James Windels Fund Treasurer XXXX NPORT-EX 2 c10299bnymellonsu-march20201.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon Sustainable U.S. Equity Portfolio, Inc.

March 31, 2020 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 96.4%

     

Banks - 3.9%

     

Citigroup

   

95,057

 

4,003,801

 

First Republic Bank

   

49,928

 

4,108,076

 
    

8,111,877

 

Capital Goods - 3.6%

     

Acuity Brands

   

14,736

 

1,262,286

 

Ferguson

   

37,168

 

2,324,144

 

General Electric

   

477,667

 

3,792,676

 
    

7,379,106

 

Consumer Durables & Apparel - 5.2%

     

Lennar, Cl. A

   

66,192

 

2,528,534

 

NIKE, Cl. B

   

76,793

 

6,353,853

 

PulteGroup

   

81,093

 

1,809,996

 
    

10,692,383

 

Diversified Financials - 3.0%

     

Redwood Trust

   

202,656

a

1,025,439

 

The Goldman Sachs Group

   

33,917

 

5,243,229

 
    

6,268,668

 

Food & Staples Retailing - 2.5%

     

Costco Wholesale

   

17,876

 

5,096,984

 

Food, Beverage & Tobacco - 3.4%

     

PepsiCo

   

57,886

 

6,952,109

 

Health Care Equipment & Services - 6.9%

     

Abbott Laboratories

   

86,283

 

6,808,592

 

Medtronic

   

82,276

 

7,419,650

 
    

14,228,242

 

Insurance - 3.1%

     

Intact Financial

   

73,105

 

6,318,313

 

Materials - 4.2%

     

Albemarle

   

60,466

 

3,408,468

 

Ecolab

   

13,082

 

2,038,568

 

International Flavors & Fragrances

   

30,830

 

3,147,126

 
    

8,594,162

 

Media & Entertainment - 4.6%

     

Alphabet, Cl. A

   

8,230

b

9,562,849

 

Pharmaceuticals Biotechnology & Life Sciences - 6.6%

     

Gilead Sciences

   

89,419

 

6,684,964

 

Merck & Co.

   

90,054

 

6,928,755

 
    

13,613,719

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 96.4% (continued)

     

Retailing - 12.2%

     

Amazon.com

   

6,504

b

12,680,979

 

Dollar General

   

33,678

 

5,085,715

 

eBay

   

168,971

 

5,079,268

 

The TJX Companies

   

45,969

 

2,197,778

 
    

25,043,740

 

Semiconductors & Semiconductor Equipment - 4.9%

     

Applied Materials

   

115,943

 

5,312,508

 

Qualcomm

   

72,209

 

4,884,939

 
    

10,197,447

 

Software & Services - 16.3%

     

Accenture, Cl. A

   

42,139

 

6,879,613

 

Fidelity National Information Services

   

27,637

 

3,361,765

 

Intuit

   

17,070

 

3,926,100

 

Mastercard, Cl. A

   

17,339

 

4,188,409

 

Microsoft

   

96,147

 

15,163,343

 
    

33,519,230

 

Technology Hardware & Equipment - 9.5%

     

Apple

   

57,860

 

14,713,219

 

Cisco Systems

   

124,582

 

4,897,318

 
    

19,610,537

 

Telecommunication Services - 2.9%

     

Verizon Communications

   

112,955

 

6,069,072

 

Utilities - 3.6%

     

CMS Energy

   

58,331

 

3,426,946

 

Eversource Energy

   

52,073

 

4,072,629

 
    

7,499,575

 

Total Common Stocks (cost $175,033,690)

   

198,758,013

 
  

1-Day
Yield (%)

     

Investment Companies - 3.4%

     

Registered Investment Companies - 3.4%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund
(cost $6,931,361)

 

0.40

 

6,931,361

c

6,931,361

 

Total Investments (cost $181,965,051)

 

99.8%

 

205,689,374

 

Cash and Receivables (Net)

 

.2%

 

362,823

 

Net Assets

 

100.0%

 

206,052,197

 

a Investment in real estate investment trust within the United States.

b Non-income producing security.

c Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company’s prospectus.


STATEMENT OF INVESTMENTS
BNY Mellon Sustainable U.S. Equity Portfolio, Inc.

March 31, 2020 (Unaudited)

The following is a summary of the inputs used as of March 31, 2020 in valuing the fund’s investments:

     
 

Level 1 - Unadjusted Quoted Prices

Level 2 - Other Significant Observable Inputs

Level 3 -Significant Unobservable Inputs

Total

Assets ($)

    

Investments in Securities:

  

Equity Securities—Common Stocks

196,433,869

2,324,144††

-

198,758,013

Investment Companies

6,931,361

-

-

6,931,361

See Statement of Investments for additional detailed categorizations, if any.

† † Securities classified within Level 2 at period end as the values were determined pursuant to the fund’s fair valuation procedures.


NOTES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:

Investments in equity securities are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation


NOTES

purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. U.S. Treasury Bills are valued at the mean price between quoted bid prices and asked prices by an independent pricing service (the “Service”) approved by the Board Members (“Board”). These securities are generally categorized within Level 2 of the fair value hierarchy.

The Service’s procedures are reviewed by BNY Mellon under the general supervision of the Board.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depository Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

At March 31, 2020, accumulated net unrealized appreciation on investments was $23,724,323, consisting of $39,073,334 gross unrealized appreciation and $15,349,011 gross unrealized depreciation.

At March 31, 2020, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.