NPORT-EX 2 NPORT_865962437116029.htm iShares Factors US Value Style ETF

Schedule of Investments (unaudited)

December 31, 2020

   

iShares® Factors US Value Style ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Advertising — 0.2%  

Omnicom Group Inc.

     176     $ 10,977  
   

 

 

  
Aerospace & Defense — 0.7%            

Curtiss-Wright Corp.

     21       2,443  

Howmet Aerospace Inc.

     112       3,197  

Northrop Grumman Corp.

     122       37,176  
   

 

 

  
      42,816  
Agricultural & Farm Machinery — 0.2%  

AGCO Corp.

     146       15,051  
   

 

 

  
Air Freight & Logistics — 1.5%  

CH Robinson Worldwide Inc.

     60       5,632  

Expeditors International of Washington Inc.

     530       50,408  

United Parcel Service Inc., Class B

     206       34,691  
   

 

 

  
      90,731  
Airlines — 0.3%  

Copa Holdings SA, Class A, NVS

     99       7,646  

Delta Air Lines Inc.

     139       5,589  

United Airlines Holdings Inc.(a)

    75       3,244  
   

 

 

  
      16,479  
Alternative Carriers — 0.3%  

CenturyLink Inc.

     1,939       18,905  
   

 

 

  
Apparel Retail — 0.1%  

L Brands Inc.

     179       6,657  
   

 

 

  
Apparel, Accessories & Luxury Goods — 2.0%  

Carter’s Inc.

     110       10,348  

Columbia Sportswear Co.

     491       42,904  

Ralph Lauren Corp.

     687       71,269  
   

 

 

  
      124,521  
Application Software — 2.5%  

Aspen Technology Inc.(a)

    366       47,672  

Citrix Systems Inc.

     523       68,042  

Manhattan Associates Inc.(a)

    329       34,604  
   

 

 

  
      150,318  
Asset Management & Custody Banks — 1.3%  

Ameriprise Financial Inc.

     241       46,833  

Franklin Resources Inc.

     97       2,424  

State Street Corp.

     415       30,204  
   

 

 

  
      79,461  
Automotive Retail — 0.1%  

AutoNation Inc.(a)

    6       419  

AutoZone Inc.(a)

    4       4,742  
   

 

 

  
      5,161  
Biotechnology — 2.5%  

AbbVie Inc.

     758       81,219  

Acceleron Pharma Inc.(a)

    288       36,847  

Biogen Inc.(a)

    80       19,589  

Gilead Sciences Inc.

     231       13,458  
   

 

 

  
        151,113  
Broadcasting — 0.2%  

Discovery Inc., Class A(a)(b)

    322       9,689  
   

 

 

  
Building Products — 1.4%  

Armstrong World Industries Inc.

     28       2,083  

Carrier Global Corp.

     96       3,621  

Lennox International Inc.

     203       55,616  
Security   Shares     Value  
Building Products (continued)  

Masco Corp.

     422     $ 23,181  

Trane Technologies PLC

     20       2,903  
   

 

 

  
      87,404  
Cable & Satellite — 0.7%            

Comcast Corp., Class A

     743       38,933  

Sirius XM Holdings Inc.

     473       3,013  
   

 

 

  
      41,946  
Communications Equipment — 3.0%            

Ciena Corp.(a)(b)

    385       20,347  

Cisco Systems Inc.

     1,087       48,643  

EchoStar Corp., Class A(a)

    248       5,255  

Juniper Networks Inc.

     117       2,634  

Motorola Solutions Inc.

     363       61,732  

Ubiquiti Inc.

     156       43,448  
   

 

 

  
      182,059  
Computer & Electronics Retail — 0.6%            

Best Buy Co. Inc.

     373       37,222  
   

 

 

  
Construction Machinery & Heavy Trucks — 0.8%            

Allison Transmission Holdings Inc.

     1,054       45,459  

Oshkosh Corp.

     20       1,721  
   

 

 

  
      47,180  
Consumer Finance — 3.7%            

Ally Financial Inc.

     2,294       81,804  

American Express Co.

     383       46,309  

Capital One Financial Corp.

     324       32,027  

Discover Financial Services

     69       6,247  

OneMain Holdings Inc.

     659       31,737  

Synchrony Financial

     890       30,892  
   

 

 

  
        229,016  
Data Processing & Outsourced Services — 1.7%            

Concentrix Corp.(a)

    632       62,379  

Euronet Worldwide Inc.(a)

    46       6,666  

Paychex Inc.

     30       2,795  

Western Union Co. (The)

     1,422       31,199  
   

 

 

  
      103,039  
Department Stores — 0.4%            

Kohl’s Corp.

     428       17,415  

Nordstrom Inc.

     146       4,557  
   

 

 

  
      21,972  
Diversified Banks — 0.3%            

Citigroup Inc.

     125       7,708  

JPMorgan Chase & Co.

     86       10,928  
   

 

 

  
      18,636  
Diversified REITs — 0.5%            

VEREIT Inc.

     857       32,386  
   

 

 

  
Diversified Support Services — 0.1%            

IAA Inc.(a)

    78       5,068  
   

 

 

  
Drug Retail — 0.1%            

Walgreens Boots Alliance Inc.

     194       7,737  
   

 

 

  
Electric Utilities — 2.3%            

Duke Energy Corp.

     48       4,395  

Entergy Corp.

     417       41,633  

FirstEnergy Corp.

     626       19,162  

Hawaiian Electric Industries Inc.

     924       32,700  

IDACORP Inc.

     55       5,282  
 

 

 

  1

Schedule of Investments (unaudited) (continued)

December 31, 2020

   

iShares® Factors US Value Style ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Electric Utilities (continued)  

NRG Energy Inc.

     908     $ 34,095  

Pinnacle West Capital Corp.

     41       3,278  

Southern Co. (The)

     5       307  

Xcel Energy Inc.

     7       467  
   

 

 

  
      141,319  
Electrical Components & Equipment — 1.5%  

GrafTech International Ltd.

     5,092       54,281  

nVent Electric PLC

     1,453       33,840  

Rockwell Automation Inc.

     21       5,267  
   

 

 

  
      93,388  
Electronic Equipment & Instruments — 1.9%  

Vontier Corp.(a)

    3,578       119,505  
   

 

 

  
Electronic Manufacturing Services — 0.0%  

Jabil Inc.

     9       383  
   

 

 

  
Environmental & Facilities Services — 0.1%  

Republic Services Inc.

     4       385  

Waste Management Inc.

     42       4,953  
   

 

 

  
      5,338  
Fertilizers & Agricultural Chemicals — 0.8%  

CF Industries Holdings Inc.

     101       3,910  

Scotts Miracle-Gro Co. (The)

     222       44,209  
   

 

 

  
      48,119  
Financial Exchanges & Data — 0.0%  

S&P Global Inc.

     5       1,644  
   

 

 

  
Food Retail — 3.0%  

Albertsons Companies Inc., Class A(a)(b)

    4,986       87,654  

Grocery Outlet Holding Corp.(a)

    373       14,640  

Kroger Co. (The)

     1,357       43,098  

Sprouts Farmers Market Inc.(a)

    2,076       41,728  
   

 

 

  
        187,120  
General Merchandise Stores — 1.0%  

Target Corp.

     354       62,492  
   

 

 

  
Health Care Equipment — 0.0%  

Medtronic PLC

     11       1,289  
   

 

 

  
Health Care Facilities — 0.7%  

Encompass Health Corp.

     52       4,300  

HCA Healthcare Inc.

     250       41,115  

Universal Health Services Inc., Class B

     3       412  
   

 

 

  
      45,827  
Health Care Services — 0.8%            

CVS Health Corp.

     499       34,082  

DaVita Inc.(a)

    138       16,201  
   

 

 

  
      50,283  
Home Furnishings — 0.3%  

Tempur Sealy International Inc.(a)

    700       18,900  
   

 

 

  
Home Improvement Retail — 1.1%  

Home Depot Inc. (The)

     255       67,733  
   

 

 

  
Homebuilding — 0.2%  

PulteGroup Inc.

     258       11,125  
   

 

 

  
Homefurnishing Retail — 0.5%  

Williams-Sonoma Inc.

     279       28,413  
   

 

 

  
Security   Shares     Value  
Hotels, Resorts & Cruise Lines — 0.2%  

Wyndham Destinations Inc.

     259     $ 11,619  
   

 

 

  
Household Products — 2.1%  

Colgate-Palmolive Co.

     235       20,095  

Kimberly-Clark Corp.

     627       84,538  

Procter & Gamble Co. (The)

     170       23,654  
   

 

 

  
      128,287  
Housewares & Specialties — 0.1%  

Newell Brands Inc.

     228       4,840  
   

 

 

  
Human Resource & Employment Services — 0.8%  

ManpowerGroup Inc.

     130       11,724  

Robert Half International Inc.

     644       40,237  
   

 

 

  
      51,961  
Hypermarkets & Super Centers — 1.9%  

Walmart Inc.

     822       118,491  
   

 

 

  
Independent Power Producers & Energy Traders — 1.0%  

Vistra Corp.

     2,998       58,941  
   

 

 

  
Industrial Conglomerates — 0.1%  

Carlisle Companies Inc.

     39       6,091  

General Electric Co.

     38       411  

Honeywell International Inc.

     6       1,276  
   

 

 

  
      7,778  
Industrial Machinery — 1.2%  

Crane Co.

     5       388  

Dover Corp.

     17       2,146  

Otis Worldwide Corp.

     1,067       72,076  
   

 

 

  
      74,610  
Integrated Oil & Gas — 0.4%  

Chevron Corp.

     292       24,659  
   

 

 

  
Integrated Telecommunication Services — 2.5%  

AT&T Inc.

     1,006       28,932  

Verizon Communications Inc.

     2,117       124,374  
   

 

 

  
      153,306  
Interactive Home Entertainment — 0.6%  

Electronic Arts Inc.

     123       17,663  

Take-Two Interactive Software Inc.(a)

    84       17,454  
   

 

 

  
      35,117  
Internet & Direct Marketing Retail — 0.8%  

eBay Inc.

     355       17,839  

Qurate Retail Inc.

     575       6,308  

Wayfair Inc., Class A(a)

    112       25,290  
   

 

 

  
      49,437  
Internet Services & Infrastructure — 1.0%  

VeriSign Inc.(a)

    273       59,077  
   

 

 

  
Investment Banking & Brokerage — 4.5%  

Evercore Inc., Class A

     1,148       125,867  

Goldman Sachs Group Inc. (The)

     93       24,525  

Lazard Ltd., Class A

     1,762       74,533  

LPL Financial Holdings Inc.

     19       1,980  

Morgan Stanley

     661       45,298  

Raymond James Financial Inc.

     32       3,061  
   

 

 

  
        275,264  
Leisure Products — 0.0%  

Hasbro Inc.

     29       2,713  
   

 

 

  
 

 

 

2  

Schedule of Investments (unaudited) (continued)

December 31, 2020

   

iShares® Factors US Value Style ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Life & Health Insurance — 3.5%  

Aflac Inc.

     785     $ 34,909  

Athene Holding Ltd., Class A(a)

    203       8,757  

Brighthouse Financial Inc.(a)

    1,169       42,324  

Globe Life Inc.

     8       760  

MetLife Inc.

     654       30,705  

Primerica Inc.

     192       25,715  

Principal Financial Group Inc.

     650       32,247  

Prudential Financial Inc.

     35       2,732  

Unum Group

     1,577       36,176  
   

 

 

  
      214,325  
Life Sciences Tools & Services — 0.3%  

Mettler-Toledo International Inc.(a)

    14       15,956  
   

 

 

  
Managed Health Care — 0.1%  

Molina Healthcare Inc.(a)

    33       7,018  
   

 

 

  
Metal & Glass Containers — 0.1%  

Silgan Holdings Inc.

     205       7,601  
   

 

 

  
Movies & Entertainment — 0.1%  

Liberty Media Corp.-Liberty Formula One, Class A(a)

    55       2,090  

Lions Gate Entertainment Corp., Class A(a)(b)

    32       364  

Lions Gate Entertainment Corp., Class B, NVS(a)

    485       5,034  
   

 

 

  
      7,488  
Multi-line Insurance — 1.7%  

American Financial Group Inc./OH

     466       40,831  

American National Group Inc.

     181       17,398  

Assurant Inc.

     151       20,569  

Hartford Financial Services Group Inc. (The)

     524       25,665  
   

 

 

  
      104,463  
Multi-Sector Holdings — 1.2%  

Jefferies Financial Group Inc.

     3,071       75,547  
   

 

 

  
Multi-Utilities — 0.7%  

Ameren Corp.

     531       41,450  

CMS Energy Corp.

     29       1,769  

Consolidated Edison Inc.

     14       1,012  
   

 

 

  
      44,231  
Office REITs — 3.0%  

Brandywine Realty Trust

     2,136       25,440  

Equity Commonwealth

     3,986       108,738  

Paramount Group Inc.

     4,097       37,037  

SL Green Realty Corp.

     237       14,120  
   

 

 

  
      185,335  
Oil & Gas Exploration & Production — 1.8%  

Cabot Oil & Gas Corp.

     1,115       18,152  

ConocoPhillips

     1,034       41,350  

Devon Energy Corp.

     2,456       38,829  

Marathon Oil Corp.

     1,731       11,546  
   

 

 

  
      109,877  
Oil & Gas Refining & Marketing — 0.0%  

Phillips 66

     30       2,098  
   

 

 

  
Oil & Gas Storage & Transportation — 0.2%  

Antero Midstream Corp.

     1,184       9,129  
   

 

 

  
Other Diversified Financial Services — 1.0%  

Equitable Holdings Inc.

     1,173       30,017  

Voya Financial Inc.

     523       30,758  
   

 

 

  
      60,775  
Security   Shares     Value  
Packaged Foods & Meats — 1.1%  

Campbell Soup Co.

     364     $ 17,599  

Flowers Foods Inc.

     1,223       27,676  

Hershey Co. (The)

     135       20,565  
   

 

 

  
      65,840  
Paper Packaging — 1.2%  

Amcor PLC

     4,223       49,705  

Avery Dennison Corp.

     19       2,947  

Sealed Air Corp.

     456       20,880  
   

 

 

  
      73,532  
Personal Products — 0.5%  

Estee Lauder Companies Inc. (The), Class A

     11       2,928  

Herbalife Nutrition Ltd.(a)

    486       23,352  

Nu Skin Enterprises Inc., Class A

     70       3,824  
   

 

 

  
      30,104  
Pharmaceuticals — 7.1%  

Bristol-Myers Squibb Co.

     1,134       70,342  

Johnson & Johnson

     1,141       179,571  

Merck & Co. Inc.

     1,578       129,080  

Pfizer Inc.

     1,564       57,571  

Royalty Pharma PLC, Class A

     22       1,101  
   

 

 

  
      437,665  
Property & Casualty Insurance — 4.4%  

Allstate Corp. (The)

     685       75,302  

Assured Guaranty Ltd.

     422       13,289  

Axis Capital Holdings Ltd.

     96       4,837  

Cincinnati Financial Corp.

     180       15,727  

CNA Financial Corp.

     397       15,467  

Hanover Insurance Group Inc. (The)

     210       24,553  

Loews Corp.

     503       22,645  

Mercury General Corp.

     813       42,447  

Travelers Companies Inc. (The)

     3       421  

White Mountains Insurance Group Ltd.

     54       54,036  
   

 

 

  
      268,724  
Publishing — 0.2%  

News Corp., Class A, NVS

     165       2,965  

News Corp., Class B

     570       10,129  
   

 

 

  
      13,094  
Regional Banks — 1.2%  

Citizens Financial Group Inc.

     152       5,436  

First Hawaiian Inc.

     103       2,429  

Popular Inc.

     1,042       58,685  

Regions Financial Corp.

     387       6,238  
   

 

 

  
      72,788  
Reinsurance — 0.0%            

Alleghany Corp.

     1       604  
   

 

 

  
Research & Consulting Services — 1.8%  

Dun & Bradstreet Holdings Inc.(a)

    2,173       54,108  

FTI Consulting Inc.(a)

    490       54,743  
   

 

 

  
      108,851  
Residential REITs — 0.2%            

Equity Residential

     241       14,286  
   

 

 

  
Restaurants — 1.9%  

McDonald’s Corp.

     169       36,264  

Yum China Holdings Inc.

     240       13,701  

Yum! Brands Inc.

     621       67,416  
   

 

 

  
      117,381  
 

 

 

  3

Schedule of Investments (unaudited) (continued)

December 31, 2020

   

iShares® Factors US Value Style ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Retail REITs — 1.1%  

Brixmor Property Group Inc.

     1,114     $ 18,437  

Brookfield Property REIT Inc., Class A

     2,788       41,653  

Kimco Realty Corp.

     503       7,550  

Weingarten Realty Investors

     32       693  
   

 

 

  
      68,333  
Security & Alarm Services — 0.1%  

ADT Inc.

     909       7,136  
   

 

 

  
Semiconductors — 1.5%  

Cirrus Logic Inc.(a)(b)

    205       16,851  

Intel Corp.

     1,131       56,346  

Qorvo Inc.(a)

    32       5,321  

Texas Instruments Inc.

     92       15,100  
   

 

 

  
      93,618  
Specialized Consumer Services — 0.3%  

H&R Block Inc.

     1,137       18,033  
   

 

 

  
Specialized REITs — 0.1%  

Outfront Media Inc.

     278       5,438  
   

 

 

  
Specialty Stores — 0.1%  

Dick’s Sporting Goods Inc.

     56       3,148  
   

 

 

  
Steel — 0.4%  

Reliance Steel & Aluminum Co.

     218       26,106  
   

 

 

  
Systems Software — 1.3%  

Crowdstrike Holdings Inc., Class A(a)

    306       64,817  

Teradata Corp.(a)

    745       16,740  
   

 

 

  
      81,557  
Technology Distributors — 0.0%  

Avnet Inc.

     12       421  
   

 

 

  
Technology Hardware, Storage & Peripherals — 2.2%  

Hewlett Packard Enterprise Co.

     4,884       57,875  

HP Inc.

     949       23,336  

NetApp Inc.

     135       8,942  

Xerox Holdings Corp.

     1,940       44,989  
   

 

 

  
        135,142  
Security   Shares     Value  
Thrifts & Mortgage Finance — 0.3%  

Rocket Companies Inc., Class A(a)(b)

    879     $ 17,773  
   

 

 

  
Tobacco — 1.6%  

Altria Group Inc.

     466       19,106  

Philip Morris International Inc.

     984       81,465  
   

 

 

  
      100,571  
Trading Companies & Distributors — 0.3%  

WW Grainger Inc.

     45       18,375  
   

 

 

  
Trucking — 0.1%  

Landstar System Inc.

     38       5,117  
   

 

 

  
Wireless Telecommunication Services — 0.5%  

Telephone and Data Systems Inc.

     1,290       23,955  

U.S. Cellular Corp.(a)

    179       5,494  
   

 

 

  
      29,449  
   

 

 

  

Total Common Stocks — 99.8%
(Cost: $5,155,363)

 

     6,131,451  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 2.4%  

BlackRock Cash Funds: Institutional,
SL Agency Shares, 0.18%(c)(d)(e)

     149,315       149,404  
   

 

 

  

Total Short -Term Investments — 2.4%
(Cost: $149,405)

 

     149,404  
   

 

 

  

Total Investments in Securities — 102.2%
(Cost: $5,304,768)

 

       6,280,855  

Other Assets, Less Liabilities — (2.2)%

 

     (137,984 ) 
   

 

 

  

Net Assets — 100.0%

 

   $ 6,142,871  
   

 

 

  

 

(a)

Non-income producing security.

(b)

All or a portion of this security is on loan.

(c)

Affiliate of the Fund.

(d)

Annualized 7-day yield as of period-end.

(e)

All or a portion of this security was purchased with cash collateral received from loaned securities.

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended December 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer    Value at
03/31/20		      Purchases
at Cost		      Proceeds
from Sales		      Net Realized
Gain (Loss)		      Change in
Unrealized
Appreciation
(Depreciation)		      Value at
12/31/20		      Shares
Held at
12/31/20		      Income     

Capital

Gain
Distributions
from
Underlying
Funds

  

BlackRock Cash Funds: Institutional, SL Agency Shares

    $ 92,157      $ 57,143 (a)     $ —      $ 136      $ (32 )     $ 149,404        149,315      $ 746 (b)     $ —  

BlackRock Cash Funds: Treasury, SL Agency Shares(c)

     3,000        —        (3,000 )(a)       —        —        —        —        4        —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  
            $ 136      $ (32 )     $ 149,404         $ 750      $ —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  

 

  (a)

Represents net amount purchased (sold).

 
  (b)

All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

 
  (c)

As of period end, the entity is no longer held.

 

 

 

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Schedule of Investments (unaudited) (continued)

December 31, 2020

    iShares® Factors US Value Style ETF

 

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of December 31, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

 

      Level 1        Level 2        Level 3        Total  

Investments

                  

Assets

                  

Common Stocks

    $ 6,131,451        $ —        $ —        $ 6,131,451  

Money Market Funds

      149,404          —          —          149,404  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $   6,280,855        $ —        $ —        $   6,280,855  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations - Equity
NVS    Non-Voting Shares

 

 

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