NPORT-EX 2 NPORT_875892220332074.htm iShares Global Materials ETF

Schedule of Investments (unaudited)

December 31, 2020

   

iShares® Global Materials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Australia — 10.7%  

BHP Group Ltd.

     724,920     $   23,734,691  

BHP Group PLC

     519,742       13,676,374  

Fortescue Metals Group Ltd.

     408,746       7,390,031  

James Hardie Industries PLC(a)

    109,245       3,221,905  

Newcrest Mining Ltd.

     200,940       3,997,328  

Rio Tinto Ltd.

     91,349       8,023,816  

South32 Ltd.

     1,190,028       2,268,165  
   

 

 

  
      62,312,310  
Belgium — 0.8%  

Solvay SA

     17,985       2,131,897  

Umicore SA

     49,010       2,356,071  
   

 

 

  
      4,487,968  
Brazil — 2.4%  

Vale SA, ADR

     845,268       14,166,692  
   

 

 

  
Canada — 7.3%  

Agnico Eagle Mines Ltd.

     59,788       4,204,401  

Barrick Gold Corp.

     437,522       9,959,292  

CCL Industries Inc., Class B, NVS

     36,639       1,661,984  

First Quantum Minerals Ltd.

     135,563       2,431,408  

Franco-Nevada Corp.

     46,960       5,882,901  

Kinross Gold Corp.

     309,916       2,272,069  

Kirkland Lake Gold Ltd.

     68,103       2,811,788  

Nutrien Ltd.

     140,056       6,732,362  

Teck Resources Ltd., Class B

     114,369       2,073,724  

Wheaton Precious Metals Corp.

     110,350       4,604,557  
   

 

 

  
      42,634,486  
Chile — 0.4%  

Empresas CMPC SA

     278,515       733,037  

Sociedad Quimica y Minera de Chile SA, ADR

     29,678       1,456,893  
   

 

 

  
      2,189,930  
Denmark — 1.0%  

Chr Hansen Holding A/S(a)

    25,308       2,605,890  

Novozymes A/S, Class B

     51,703       2,970,362  
   

 

 

  
      5,576,252  
Finland — 1.3%  

Stora Enso OYJ, Class R

     150,561       2,882,104  

UPM-Kymmene OYJ

     131,343       4,896,673  
   

 

 

  
      7,778,777  
France — 3.6%  

Air Liquide SA

     116,542       19,143,373  

Arkema SA

     16,385       1,874,475  
   

 

 

  
      21,017,848  
Germany — 5.0%  

BASF SE

     226,021       17,898,185  

Covestro AG(b)

    43,649       2,695,972  

HeidelbergCement AG

     36,000       2,696,606  

LANXESS AG

     21,526       1,652,981  

Symrise AG

     31,636       4,195,972  
   

 

 

  
      29,139,716  
Ireland — 7.7%  

CRH PLC(a)

    193,178       8,041,067  

Linde PLC

     129,158       34,034,424  

Smurfit Kappa Group PLC

     63,484       2,954,789  
   

 

 

  
      45,030,280  
Security   Shares      Value  
Japan — 7.9%  

Asahi Kasei Corp.

     343,200      $ 3,505,297  

JFE Holdings Inc.(a)

    142,300        1,361,736  

Mitsubishi Chemical Holdings Corp.

     348,800        2,108,780  

Mitsui Chemicals Inc.

     50,400        1,476,681  

Nippon Paint Holdings Co. Ltd.

     48,800        5,355,262  

Nippon Steel Corp.(a)

    233,829        3,007,651  

Nitto Denko Corp.

     39,100        3,495,501  

Oji Holdings Corp.

     247,800        1,408,868  

Shin-Etsu Chemical Co. Ltd.

     97,400        17,018,703  

Sumitomo Chemical Co. Ltd.

     407,400        1,637,571  

Sumitomo Metal Mining Co. Ltd.

     67,300        2,984,810  

Toray Industries Inc.

     401,300        2,374,489  
    

 

 

  
       45,735,349  
Mexico — 0.9%  

Cemex SAB de CV, CPO, NVS(a)

    3,715,384        1,914,983  

Grupo Mexico SAB de CV, Series B

     785,400        3,315,744  
    

 

 

  
       5,230,727  
Netherlands — 2.9%  

Akzo Nobel NV

     47,436        5,099,422  

ArcelorMittal SA(a)

    170,970        3,949,513  

Koninklijke DSM NV

     44,555        7,675,750  
    

 

 

  
       16,724,685  
Norway — 0.6%  

Norsk Hydro ASA

     336,034        1,564,400  

Yara International ASA

     42,244        1,756,477  
    

 

 

  
       3,320,877  
Peru — 0.2%  

Southern Copper Corp.

     20,937        1,363,417  
    

 

 

  
South Korea — 2.4%  

LG Chem Ltd.

     11,639        8,828,625  

POSCO

     19,739        4,942,473  
    

 

 

  
       13,771,098  
Sweden — 0.8%  

Boliden AB

     67,306        2,388,170  

Svenska Cellulosa AB SCA, Class B(a)

    147,342        2,570,957  
    

 

 

  
       4,959,127  
Switzerland — 4.5%  

Clariant AG, Registered

     60,646        1,291,202  

Givaudan SA, Registered

     1,954        8,245,285  

LafargeHolcim Ltd., Registered

     125,613        6,909,106  

Sika AG, Registered

     34,890        9,543,981  
    

 

 

  
       25,989,574  
Taiwan — 1.2%  

Formosa Plastics Corp.

     1,080,720        3,707,788  

Nan Ya Plastics Corp.

     1,385,940        3,546,483  
    

 

 

  
       7,254,271  
United Kingdom — 9.2%  

Amcor PLC

     385,358        4,535,664  

Anglo American PLC

     335,438        11,116,981  

Croda International PLC

     35,104        3,165,116  

DS Smith PLC(a)

    337,809        1,729,782  

Glencore PLC(a)

    2,692,046        8,574,145  

Johnson Matthey PLC

     48,741        1,615,692  

Mondi PLC

     119,166        2,800,961  

Rio Tinto PLC

     265,752        19,870,843  
    

 

 

  
         53,409,184  
 

 

 

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Schedule of Investments (unaudited) (continued)

December 31, 2020

   

iShares® Global Materials ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
United States — 28.5%  

Air Products & Chemicals Inc.

     54,391     $ 14,860,709  

Albemarle Corp.

     26,164       3,859,713  

Avery Dennison Corp.

     20,514       3,181,927  

Ball Corp.(c)

    80,496       7,500,617  

Celanese Corp.

     28,764       3,737,594  

CF Industries Holdings Inc.

     52,569       2,034,946  

Corteva Inc.

     183,961       7,122,970  

Dow Inc.

     182,532       10,130,526  

DuPont de Nemours Inc.

     180,587       12,841,542  

Eastman Chemical Co.

     33,336       3,342,934  

Ecolab Inc.

     61,111       13,221,976  

FMC Corp.

     31,931       3,669,830  

Freeport-McMoRan Inc.

     357,524       9,302,774  

International Flavors & Fragrances Inc.

     26,285       2,860,859  

International Paper Co.

     96,733       4,809,565  

LyondellBasell Industries NV, Class A

     63,191       5,792,087  

Martin Marietta Materials Inc.

     15,296       4,343,605  

Mosaic Co. (The)

     84,880       1,953,089  

Newmont Corp.

     197,692       11,839,774  

Nucor Corp.

     74,138       3,943,400  

Packaging Corp. of America

     23,333       3,217,854  

PPG Industries Inc.

     58,125       8,382,788  

Sealed Air Corp.

     38,270       1,752,383  

Sherwin-Williams Co. (The)

     20,116       14,783,450  

Vulcan Materials Co.

     32,609       4,836,241  

Westrock Co.

     64,634       2,813,518  
   

 

 

  
      166,136,671  
   

 

 

  

Total Common Stocks — 99.3%
(Cost: $524,377,561)

 

     578,229,239  
   

 

 

  

Preferred Stocks

 

Brazil — 0.2%

 

Gerdau SA, Preference Shares, ADR

     259,925       1,213,850  
   

 

 

  
South Korea — 0.1%            

LG Chem Ltd., Preference Shares, NVS

     1,875       658,485  
   

 

 

  

Total Preferred Stocks — 0.3%
(Cost: $2,306,510)

 

     1,872,335  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 0.5%

 

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

    2,149,533       2,150,823  

BlackRock Cash Funds: Treasury,
SL Agency Shares, 0.00%(d)(e)

    610,000       610,000  
   

 

 

  
      2,760,823  
   

 

 

  

Total Short-Term Investments — 0.5%
(Cost: $2,760,823)

 

     2,760,823  
   

 

 

  

Total Investments in Securities — 100.1%
(Cost: $529,444,894)

 

     582,862,397  

Other Assets, Less Liabilities — (0.1)%

 

     (699,875 ) 
   

 

 

  

Net Assets — 100.0%

 

   $   582,162,522  
   

 

 

  

 

(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) 

All or a portion of this security is on loan.

(d) 

Affiliate of the Fund.

(e) 

Annualized 7-day yield as of period-end.

(f) 

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

 

 

 

2  

Schedule of Investments (unaudited) (continued)

December 31, 2020

    iShares® Global Materials ETF

 

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

    $ 1,089,098      $ 1,061,404 (a)     $ —      $ 647      $ (326 )     $ 2,150,823        2,149,533      $ 11,660 (b)     $ —  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      227,000        383,000 (a)        —        —        —        610,000        610,000        443        —  
              

 

 

     

 

 

        

 

 

     

 

 

  
            $ 647      $ (326 )     $ 2,760,823         $ 12,103      $ —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  

 

  (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.

 

Futures Contracts

 

Description    Number of
Contracts		        Expiration
Date		        Notional
Amount
(000)		        Value/
Unrealized
Appreciation
(Depreciation)		  

Long Contracts

                  

FTSE 100 Index

      7          03/19/21        $ 614        $ (7,257 ) 

MSCI Emerging Markets E-Mini Index

      8          03/19/21          515          13,779  

S&P 500 E-Mini Index

      3          03/19/21          562          16,374  

S&P/TSX 60 Index

      1          03/18/21          162          (809 ) 
                 

 

 

  
                  $ 22,087  
                 

 

 

  

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

    $ 578,229,239        $             —        $             —        $ 578,229,239  

Preferred Stocks

      1,872,335          —          —          1,872,335  

Money Market Funds

      2,760,823          —          —          2,760,823  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 582,862,397        $ —        $ —        $ 582,862,397  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets
Futures Contracts

    $ 30,153        $ —        $ —        $ 30,153  

Liabilities
Futures Contracts

      (8,066 )         —          —          (8,066 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 22,087        $ —        $ —        $ 22,087  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

Shown at the unrealized appreciation (depreciation) on the contracts.

 

 

 

3

Schedule of Investments (unaudited) (continued)

December 31, 2020

    iShares® Global Materials ETF

 

Portfolio Abbreviations - Equity
ADR    American Depositary Receipt
CPO    Certificates of Participation (Ordinary)
NVS    Non-Voting Shares

 

 

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