0001752724-23-093218.txt : 20230504 0001752724-23-093218.hdr.sgml : 20230504 20230504155746 ACCESSION NUMBER: 0001752724-23-093218 CONFORMED SUBMISSION TYPE: N-CEN/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20230504 DATE AS OF CHANGE: 20230504 EFFECTIVENESS DATE: 20230504 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUANTITATIVE MASTER SERIES LLC CENTRAL INDEX KEY: 0001025836 IRS NUMBER: 223483688 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-07885 FILM NUMBER: 23888413 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: QUANTITATIVE MASTER SERIES TRUST DATE OF NAME CHANGE: 19991216 FORMER COMPANY: FORMER CONFORMED NAME: INDEX MASTER SERIES TRUST DATE OF NAME CHANGE: 19990730 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH INDEX TRUST DATE OF NAME CHANGE: 19961024 0001025836 S000002716 Master Small Cap Index Series C000007401 Master Small Cap Index Series N-CEN/A 1 primary_doc.xml X0404 N-CEN/A 0001752724-22-062385 LIVE 0001025836 XXXXXXXX 811-07885 false false false N-1A S000002716 C000007401 Quantitative Master Series LLC 811-07885 0001025836 549300OSVO75NGL1UC27 100 BELLEVUE PARKWAY WILMINGTON 19809 US-DE US 800-441-7762 State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Records related to its functions as custodian, sub-administrator and accounting agent BlackRock Investments, LLC 40 East 52nd St New York 10022 609-282-3046 Records related to its functions as distributor BlackRock Fund Advisors 400 Howard Street San Francisco 94105 415-670-2000 Records related to its functions as sub-advisor BNY Mellon Investment Servicing (US) Inc. 301 Bellevue Parkway Wilmington 19809 302-791-1700 Records related to its functions as transfer agent BlackRock Advisors, LLC 100 Bellevue Parkway Wilmington 19809 302-797-2000 Records related to its functions as advisor and administrator N N N-1A 1 N Cynthia A. Montgomery N/A N Kenneth L. Urish 005352005 N John M. Perlowski N/A Y Mark Stalnecker N/A N Susan J. Carter N/A N Donald C. Opatrny N/A N Henry R. Keizer N/A N Joseph P. Platt N/A N Lena G. Goldberg N/A N Claire A. Walton N/A N Collette Chilton N/A N Robert Fairbairn 004992372 Y Neil A. Cotty N/A N Charles Park N/A 55 East 52nd Street New York 10055 XXXXXX N N N N N N BlackRock Investments, LLC 8-48436 000038642 54930061FBHCKXL2G714 Y N Deloitte & Touche LLP 34 00000000000000000000 N N N N N N N Master Small Cap Index Series S000002716 VLR242ZI8B4RP2GO3398 N 0 0 0 N N 0.05000000 0.02000000 0.12000000 0.12000000 N N Y N N BlackRock Institutional Trust Company, National Association 549300RK1FB0VMTPD087 Y N Cash collateral reinvestment fee Other Revenue sharing split Rebates paid to borrowers 282071836.62000000 1983807.00000000 Rule 17a-7 (17 CFR 270.17a-7) Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-1 (17 CFR 270.12d1-1) Y Y N N BlackRock Advisors, LLC 801-47710 000106614 5493001LN9MRM6A35J74 N BlackRock Fund Advisors 801-22609 000105247 549300YOOGP0Y1M95C20 Y N BNY Mellon Investment Servicing (US) Inc. 084-01761 549300CFZQLI9QMJ1Z03 N N N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N ICE Data Services, Inc. 13-3668779 Tax ID N Bloomberg L.P. 549300B56MD0ZC402L06 N N Citigroup Global Markets Inc. 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LLC FOR8UP27PHTHYVLBNG30 N Y Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N Y BlackRock Advisors, LLC 5493001LN9MRM6A35J74 Y N N BlackRock Investments, LLC 8-48436 000038642 54930061FBHCKXL2G714 0.00000000 BlackRock Execution Services 8-48719 000039438 549300HFCRQ0NT5KY652 0.00000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 86227.75000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 65149.89000000 Wells Fargo Securities, LLC 8-65876 000126292 VYVVCKR63DVZZN70PB21 36414.88000000 BNP Paribas Securities Corp. 8-32682 000015794 RCNB6OTYUAMMP879YW96 43761.95000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 32159.94000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 34208.87000000 Credit Suisse Securities (USA) LLC 8-422 000000816 1V8Y6QCX6YMJ2OELII46 46433.57000000 Goldman Sachs & Co. 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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 

To the Investors of Master Small Cap Index Series and the Board of Directors of Quantitative Master Series LLC:

 

In planning and performing our audit of the financial statements of Master Small Cap Index Series of Quantitative Master Series LLC (the “Fund”) as of and for the year ended December 31, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.

 

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of December 31, 2021.

This report is intended solely for the information and use of management and the Board of Directors of the Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/Deloitte & Touche LLP

Boston, Massachusetts

February 24, 2022