Schedule of Investments (unaudited) | iShares® Global Tech ETF |
December 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Australia — 0.2% | ||||||||
Computershare Ltd. | 152,642 | $ | 2,688,945 | |||||
Xero Ltd.(a) | 35,827 | 1,708,369 | ||||||
4,397,314 | ||||||||
Brazil — 0.0% | ||||||||
Pagseguro Digital Ltd., Class A(a)(b) | 46,462 | 406,078 | ||||||
Canada — 1.0% | ||||||||
CGI Inc.(a) | 56,111 | 4,836,569 | ||||||
Constellation Software Inc./Canada | 5,294 | 8,265,365 | ||||||
Open Text Corp. | 69,565 | 2,061,261 | ||||||
Shopify Inc., Class A(a) | 315,507 | 10,954,198 | ||||||
26,117,393 | ||||||||
China — 0.2% | ||||||||
Xiaomi Corp., Class B(a)(c) | 3,856,000 | 5,352,557 | ||||||
Finland — 0.2% | ||||||||
Nokia OYJ(b) | 1,437,129 | 6,676,466 | ||||||
France — 0.7% | ||||||||
Capgemini SE | 42,155 | 7,047,304 | ||||||
Dassault Systemes SE | 184,182 | 6,623,120 | ||||||
Edenred | 66,976 | 3,645,193 | ||||||
Worldline SA/France(a)(c) | 64,012 | 2,506,867 | ||||||
19,822,484 | ||||||||
Germany — 1.5% | ||||||||
Infineon Technologies AG | 346,308 | 10,524,953 | ||||||
SAP SE | 290,808 | 30,023,215 | ||||||
40,548,168 | ||||||||
Italy — 0.1% | ||||||||
Nexi SpA(a)(c) | 226,381 | 1,787,037 | ||||||
Japan — 3.5% | ||||||||
Advantest Corp. | 49,300 | 3,157,594 | ||||||
Canon Inc. | 282,900 | 6,123,103 | ||||||
FUJIFILM Holdings Corp. | 108,400 | 5,420,156 | ||||||
Fujitsu Ltd. | 48,700 | 6,492,563 | ||||||
Keyence Corp. | 53,340 | 20,708,962 | ||||||
Kyocera Corp. | 93,800 | 4,655,917 | ||||||
Lasertec Corp. | 21,100 | 3,445,009 | ||||||
Murata Manufacturing Co. Ltd. | 171,900 | 8,477,279 | ||||||
NEC Corp. | 74,600 | 2,616,164 | ||||||
Nomura Research Institute Ltd. | 120,900 | 2,874,267 | ||||||
NTT Data Corp. | 175,600 | 2,558,972 | ||||||
Obic Co. Ltd. | 18,000 | 2,642,563 | ||||||
Omron Corp. | 56,400 | 2,725,687 | ||||||
Renesas Electronics Corp.(a) | 379,600 | 3,355,003 | ||||||
Ricoh Co. Ltd. | 176,200 | 1,341,084 | ||||||
Rohm Co. Ltd. | 25,100 | 1,799,403 | ||||||
TDK Corp. | 106,300 | 3,458,319 | ||||||
Tokyo Electron Ltd. | 42,000 | 12,340,805 | ||||||
94,192,850 | ||||||||
Netherlands — 3.1% | ||||||||
Adyen NV(a)(c) | 8,263 | 11,471,101 | ||||||
ASM International NV | 12,350 | 3,133,620 | ||||||
ASML Holding NV | 108,652 | 59,242,681 | ||||||
NXP Semiconductors NV | 69,405 | 10,968,072 | ||||||
84,815,474 |
Security | Shares | Value | ||||||
Singapore — 0.2% | ||||||||
STMicroelectronics NV , New | 173,589 | $ | 6,168,190 | |||||
South Korea — 2.8% | ||||||||
Samsung Electronics Co. Ltd. | 1,372,196 | 60,230,133 | ||||||
Samsung SDI Co. Ltd.(a) | 14,750 | 6,925,750 | ||||||
SK Hynix Inc. | 141,362 | 8,434,222 | ||||||
75,590,105 | ||||||||
Spain — 0.2% | ||||||||
Amadeus IT Group SA(a) | 119,892 | 6,219,722 | ||||||
Sweden — 0.4% | ||||||||
Hexagon AB, Class B | 566,108 | 5,935,690 | ||||||
Telefonaktiebolaget LM Ericsson, Class B | 817,075 | 4,787,578 | ||||||
10,723,268 | ||||||||
Switzerland — 0.5% | ||||||||
Logitech International SA, Registered | 44,580 | 2,764,381 | ||||||
TE Connectivity Ltd. | 85,149 | 9,775,105 | ||||||
Temenos AG, Registered | 18,301 | 1,006,798 | ||||||
13,546,284 | ||||||||
Taiwan — 3.8% | ||||||||
Delta Electronics Inc. | 536,000 | 4,968,712 | ||||||
Hon Hai Precision Industry Co. Ltd. | 3,286,378 | 10,651,913 | ||||||
MediaTek Inc. | 435,000 | 8,795,232 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 5,055,600 | 73,424,799 | ||||||
United Microelectronics Corp. | 3,135,000 | 4,119,029 | ||||||
101,959,685 | ||||||||
United Kingdom — 0.2% | ||||||||
Halma PLC | 97,233 | 2,315,598 | ||||||
Sage Group PLC (The) | 298,652 | 2,689,272 | ||||||
5,004,870 | ||||||||
United States — 80.8% | ||||||||
Accenture PLC, Class A | 168,285 | 44,905,169 | ||||||
Adobe Inc.(a) | 124,812 | 42,002,982 | ||||||
Advanced Micro Devices Inc.(a) | 427,726 | 27,703,813 | ||||||
Akamai Technologies Inc.(a) | 42,153 | 3,553,498 | ||||||
Amphenol Corp., Class A | 158,851 | 12,094,915 | ||||||
Analog Devices Inc. | 138,107 | 22,653,691 | ||||||
Ansys Inc.(a) | 22,868 | 5,524,680 | ||||||
Apple Inc. | 3,996,710 | 519,292,530 | ||||||
Applied Materials Inc. | 229,942 | 22,391,752 | ||||||
Arista Networks Inc.(a) | 65,590 | 7,959,347 | ||||||
Autodesk Inc.(a) | 57,994 | 10,837,339 | ||||||
Automatic Data Processing Inc. | 110,362 | 26,361,067 | ||||||
Broadcom Inc. | 107,849 | 60,301,611 | ||||||
Broadridge Financial Solutions Inc. | 31,393 | 4,210,743 | ||||||
Cadence Design Systems Inc.(a) | 73,436 | 11,796,759 | ||||||
CDW Corp./DE | 36,138 | 6,453,524 | ||||||
Ceridian HCM Holding Inc.(a) | 40,795 | 2,616,999 | ||||||
Cisco Systems Inc. | 1,103,701 | 52,580,316 | ||||||
Cognizant Technology Solutions Corp., Class A | 137,011 | 7,835,659 | ||||||
Corning Inc. | 200,737 | 6,411,540 | ||||||
DXC Technology Co.(a) | 67,081 | 1,777,647 | ||||||
Enphase Energy Inc.(a) | 35,755 | 9,473,645 | ||||||
EPAM Systems Inc.(a) | 15,205 | 4,983,287 | ||||||
F5 Inc.(a) | 16,413 | 2,355,430 | ||||||
Fidelity National Information Services Inc. | 161,600 | 10,964,560 | ||||||
First Solar Inc.(a) | 26,511 | 3,971,083 | ||||||
Fiserv Inc.(a) | 170,116 | 17,193,624 | ||||||
FleetCor Technologies Inc.(a) | 20,483 | 3,762,317 | ||||||
Fortinet Inc.(a) | 175,833 | 8,596,475 |
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Schedule of Investments (unaudited) (continued) | iShares® Global Tech ETF |
December 31, 2022 | (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
United States (continued) | ||||||||
Gartner Inc.(a) | 21,386 | $ | 7,188,690 | |||||
Gen Digital, Inc. | 159,030 | 3,408,013 | ||||||
Global Payments Inc. | 74,188 | 7,368,352 | ||||||
Hewlett Packard Enterprise Co. | 347,109 | 5,539,860 | ||||||
HP Inc. | 242,018 | 6,503,024 | ||||||
Intel Corp. | 1,103,038 | 29,153,294 | ||||||
International Business Machines Corp. | 240,234 | 33,846,568 | ||||||
Intuit Inc. | 75,305 | 29,310,212 | ||||||
Jack Henry & Associates Inc. | 18,955 | 3,327,740 | ||||||
Juniper Networks Inc. | 82,433 | 2,634,559 | ||||||
Keysight Technologies Inc.(a) | 47,548 | 8,134,036 | ||||||
KLA Corp. | 37,745 | 14,230,997 | ||||||
Lam Research Corp. | 36,634 | 15,397,270 | ||||||
Mastercard Inc., Class A | 226,895 | 78,898,198 | ||||||
Microchip Technology Inc. | 147,844 | 10,386,041 | ||||||
Micron Technology Inc. | 295,207 | 14,754,446 | ||||||
Microsoft Corp. | 1,992,384 | 477,813,531 | ||||||
Monolithic Power Systems Inc. | 11,790 | 4,169,062 | ||||||
Motorola Solutions Inc. | 44,286 | 11,412,945 | ||||||
NetApp Inc. | 59,193 | 3,555,132 | ||||||
Nvidia Corp.(b) | 665,873 | 97,310,680 | ||||||
ON Semiconductor Corp.(a) | 114,733 | 7,155,897 | ||||||
Oracle Corp. | 410,750 | 33,574,705 | ||||||
Paychex Inc. | 85,502 | 9,880,611 | ||||||
Paycom Software Inc.(a) | 12,579 | 3,903,389 | ||||||
PayPal Holdings Inc.(a) | 304,702 | 21,700,876 | ||||||
PTC Inc.(a) | 28,676 | 3,442,267 | ||||||
Qorvo Inc.(a) | 27,104 | 2,456,707 | ||||||
Qualcomm Inc. | 298,633 | 32,831,712 | ||||||
Roper Technologies Inc. | 28,084 | 12,134,816 | ||||||
Salesforce Inc.(a) | 267,276 | 35,438,125 | ||||||
Seagate Technology Holdings PLC | 52,229 | 2,747,768 | ||||||
ServiceNow Inc.(a) | 53,787 | 20,883,879 | ||||||
Skyworks Solutions Inc. | 42,525 | 3,875,303 | ||||||
SolarEdge Technologies Inc.(a) | 14,645 | 4,148,489 | ||||||
Synopsys Inc.(a) | 40,776 | 13,019,369 | ||||||
Teledyne Technologies Inc.(a) | 12,154 | 4,860,506 | ||||||
Teradyne Inc. | 42,303 | 3,695,167 | ||||||
Texas Instruments Inc. | 243,725 | 40,268,245 | ||||||
Trimble Inc.(a) | 64,994 | 3,286,097 | ||||||
Tyler Technologies Inc.(a) | 11,104 | 3,580,041 | ||||||
VeriSign Inc.(a) | 25,182 | 5,173,390 |
Security | Shares | Value | ||||||
United States (continued) | ||||||||
Visa Inc., Class A | 437,005 | $ | 90,792,159 | |||||
Western Digital Corp.(a) | 84,166 | 2,655,437 | ||||||
Zebra Technologies Corp., Class A(a) | 13,770 | 3,530,766 | ||||||
2,189,944,373 | ||||||||
Total Common Stocks — 99.4% | ||||||||
(Cost: $2,630,215,582) | 2,693,272,318 | |||||||
Preferred Stocks | ||||||||
South Korea — 0.3% | ||||||||
Samsung Electronics Co. Ltd., Preference Shares, NVS | 217,937 | 8,733,467 | ||||||
Total Preferred Stocks — 0.3% | ||||||||
(Cost: $7,159,183) | 8,733,467 | |||||||
Total Long-Term Investments — 99.7% | ||||||||
(Cost: $2,637,374,765) | 2,702,005,785 | |||||||
Short-Term Securities | ||||||||
Money Market Funds — 0.4% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares, 4.53%(d)(e)(f) | 7,434,865 | 7,437,096 | ||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 4.12%(d)(e) | 3,420,000 | 3,420,000 | ||||||
Total Short-Term Securities — 0.4% | ||||||||
(Cost: $10,857,096) | 10,857,096 | |||||||
Total Investments — 100.1% | ||||||||
(Cost: $2,648,231,861) | 2,712,862,881 | |||||||
Liabilities in Excess of Other Assets — (0.1)% | (3,330,088 | ) | ||||||
Net Assets — 100.0% | $ | 2,709,532,793 |
(a) | Non-income producing security. |
(b) | All or a portion of this security is on loan. |
(c) | 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. |
(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 the cash collateral from loaned securities. |
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Schedule of Investments (unaudited) (continued) | iShares® Global Tech ETF |
December 31, 2022 |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended December 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value
at 03/31/22 | Purchases at Cost | Proceeds from Sale | Net
Realized Gain (Loss) | Change
in Unrealized Appreciation (Depreciation) | Value
at 12/31/22 | Shares Held at 12/31/22 | Income | Capital Gain Distributions from Underlying Funds | ||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 1,105,132 | $ | 6,355,795 | (a) | $ | — | $ | (23,217 | ) | $ | (614 | ) | $ | 7,437,096 | 7,434,865 | $ | 55,586 | (b) | $ | — | ||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | 3,810,000 | — | (390,000 | )(a) | — | — | 3,420,000 | 3,420,000 | 60,241 | 3 | |||||||||||||||||||||||||
$ | (23,217 | ) | $ | (614 | ) | $ | 10,857,096 | $ | 115,827 | $ | 3 |
(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. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||
Long Contracts | ||||||||||||||
E-Mini Technology Select Sector Index | 54 | 03/17/23 | $ | 6,822 | $ | (406,797 | ) |
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
● | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access; |
● | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and |
● | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments). |
The 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). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
3
Schedule of Investments (unaudited) (continued) | iShares® Global Tech ETF |
December 31, 2022 |
Fair Value Hierarchy as of Period End (continued)
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks | $ | 2,237,211,021 | $ | 456,061,297 | $ | — | $ | 2,693,272,318 | ||||||||
Preferred Stocks | — | 8,733,467 | — | 8,733,467 | ||||||||||||
Money Market Funds | 10,857,096 | — | — | 10,857,096 | ||||||||||||
$ | 2,248,068,117 | $ | 464,794,764 | $ | — | $ | 2,712,862,881 | |||||||||
Derivative financial instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Futures Contracts | $ | (406,797 | ) | $ | — | $ | — | $ | (406,797 | ) |
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviation
NVS | Non-Voting Shares |
4