NPORT-EX 1 NPORT_6175276303557785.htm iShares MSCI France ETF

Schedule of Investments  (unaudited) 

May 31, 2019

   

iShares® MSCI France ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 8.9%            

Airbus SE

     313,468     $ 40,122,104  

Dassault Aviation SA

     1,349       1,679,140  

Safran SA

     176,281           23,120,842  

Thales SA

     57,324       6,295,915  
   

 

 

  
      71,218,001  
Air Freight & Logistics — 0.3%            

Bollore SA

     472,389       2,127,736  
   

 

 

  
Auto Components — 1.9%            

Cie. Generale des Etablissements Michelin SCA

     91,953       10,549,064  

Faurecia SA

     40,517       1,493,115  

Valeo SA

     129,294       3,411,786  
   

 

 

  
      15,453,965  
Automobiles — 1.7%            

Peugeot SA

     316,525       7,043,812  

Renault SA

     103,453       6,216,052  
   

 

 

  
      13,259,864  
Banks — 5.6%            

BNP Paribas SA

     605,392       27,575,038  

Credit Agricole SA

     617,062       7,034,385  

Societe Generale SA

     413,091       10,338,967  
   

 

 

  
      44,948,390  
Beverages — 2.7%            

Pernod Ricard SA

     114,270       20,093,746  

Remy Cointreau SA

     12,088       1,656,842  
   

 

 

  
      21,750,588  
Building Products — 1.2%            

Cie. de Saint-Gobain

     265,104       9,575,997  
   

 

 

  
Capital Markets — 0.6%            

Amundi SA(a)

    32,687       2,116,279  

Natixis SA

     508,419       2,327,982  
   

 

 

  
      4,444,261  
Chemicals — 4.0%            

Air Liquide SA

     231,110       28,715,427  

Arkema SA

     37,023       3,099,195  
   

 

 

  
      31,814,622  
Commercial Services & Supplies — 0.9%  

Edenred(b)

    128,964       5,877,782  

Societe BIC SA

     13,668       1,064,643  
   

 

 

  
      6,942,425  
Construction & Engineering — 4.4%            

Bouygues SA

     119,932       4,187,137  

Eiffage SA

     42,163       4,020,920  

Vinci SA

     273,636       26,973,782  
   

 

 

  
      35,181,839  
Construction Materials — 0.1%            

Imerys SA

     19,201       831,045  
   

 

 

  
Diversified Financial Services — 0.4%  

Eurazeo SE

     21,850       1,525,437  

Wendel SA

     14,843       1,885,594  
   

 

 

  
      3,411,031  
Diversified Telecommunication Services — 2.3%  

Iliad SA

     14,249       1,642,618  

Orange SA

     1,073,660       16,797,922  
   

 

 

  
      18,440,540  
Security   Shares     Value  
Electric Utilities — 0.6%            

Electricite de France SA(b)

    323,983     $ 4,534,543  
   

 

 

  
Electrical Equipment — 4.1%            

Legrand SA

     143,564       9,621,231  

Schneider Electric SE

     295,998       23,353,056  
   

 

 

  
      32,974,287  
Electronic Equipment, Instruments & Components — 0.3%  

Ingenico Group SA

     32,281       2,574,900  
   

 

 

  
Entertainment — 2.1%            

Ubisoft Entertainment SA(c)

    44,987       3,677,630  

Vivendi SA

     492,750       13,249,687  
   

 

 

  
      16,927,317  
Equity Real Estate Investment Trusts (REITs) — 2.8%  

Covivio(b)

    24,451       2,558,491  

Gecina SA

     24,602       3,509,151  

ICADE

     16,241       1,376,365  

Klepierre SA

     109,886       3,731,097  

Unibail-Rodamco-Westfield

     74,411       11,223,210  
   

 

 

  
      22,398,314  
Food & Staples Retailing — 0.9%            

Carrefour SA

     318,559       5,977,969  

Casino Guichard Perrachon SA(b)

    29,054       1,103,061  
   

 

 

  
      7,081,030  
Food Products — 3.3%            

Danone SA

     331,792           26,398,898  
   

 

 

  
Health Care Equipment & Supplies — 0.2%  

BioMerieux

     22,273       1,815,577  
   

 

 

  
Hotels, Restaurants & Leisure — 1.1%  

Accor SA

     99,294       3,655,819  

Sodexo SA(b)

    47,611       5,464,699  
   

 

 

  
      9,120,518  
Household Durables — 0.2%            

SEB SA

     12,139       1,979,014  
   

 

 

  
Insurance — 3.9%            

AXA SA

     1,044,049       25,688,670  

CNP Assurances

     92,247       1,972,645  

SCOR SE

     87,700       3,599,341  
   

 

 

  
      31,260,656  
IT Services — 2.0%            

Atos SE(b)

    51,764       3,935,150  

Capgemini SE

     85,408       9,526,959  

Worldline SA/France(a)(c)

    44,305       2,661,112  
   

 

 

  
      16,123,221  
Life Sciences Tools & Services — 0.6%  

Eurofins Scientific SE(b)

    6,182       2,805,165  

Sartorius Stedim Biotech

     14,870       2,056,385  
   

 

 

  
      4,861,550  
Machinery — 0.5%            

Alstom SA

     84,126       3,832,329  
   

 

 

  
Media — 1.5%            

Eutelsat Communications SA

     93,912       1,650,867  

JCDecaux SA

     39,980       1,113,793  

Publicis Groupe SA

     113,940       6,208,787  

SES SA

     196,124       2,954,807  
   

 

 

  
      11,928,254  
 

 

1

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI France ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Metals & Mining — 0.7%            

ArcelorMittal

     357,834     $ 5,287,457  
   

 

 

  
Multi-Utilities — 2.9%            

Engie SA

     982,897       13,636,378  

Suez

     185,176       2,471,052  

Veolia Environnement SA

     289,065       6,671,098  
   

 

 

  
          22,778,528  
Oil, Gas & Consumable Fuels — 8.3%            

TOTAL SA

     1,280,014       66,526,541  
   

 

 

  
Personal Products — 4.5%            

L’Oreal SA

     135,705       36,353,982  
   

 

 

  
Pharmaceuticals — 6.4%            

Ipsen SA

     20,288       2,416,788  

Sanofi

     604,222       48,640,267  
   

 

 

  
      51,057,055  
Professional Services — 1.2%            

Bureau Veritas SA(b)

    154,387       3,631,789  

Teleperformance

     31,076       5,956,282  
   

 

 

  
      9,588,071  
Semiconductors & Semiconductor Equipment — 0.7%  

STMicroelectronics NV

     367,974       5,615,661  
   

 

 

  
Software — 1.3%            

Dassault Systemes SE

     70,372       10,417,971  
   

 

 

  
Textiles, Apparel & Luxury Goods — 13.3%  

EssilorLuxottica SA

     151,756       17,443,626  

Hermes International

     17,042       11,295,701  

Kering SA

     40,780       21,174,259  

LVMH Moet Hennessy Louis Vuitton SE

     149,493       56,406,544  
   

 

 

  
      106,320,130  
Security   Shares     Value  
Transportation Infrastructure — 0.8%            

Aeroports de Paris

     15,973     $ 2,726,886  

Getlink SE

     237,889       3,660,915  
   

 

 

  
      6,387,801  
   

 

 

  

Total Common Stocks — 99.2%
(Cost: $887,735,881)

 

         793,543,909  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.8%  

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    2.53%(d)(e)(f)

    5,811,059       5,813,384  

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    2.33%(d)(e)

    399,163       399,163  
   

 

 

  
      6,212,547  
   

 

 

  

Total Short-Term Investments — 0.8%
(Cost: $6,212,225)

 

     6,212,547  
   

 

 

  

Total Investments in Securities — 100.0%
(Cost: $893,948,106)

 

     799,756,456  

Other Assets, Less Liabilities — (0.0)%

 

     (292,759 ) 
   

 

 

  

Net Assets — 100.0%

     $ 799,463,697  
   

 

 

  

 

(a) 

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.

(b) 

All or a portion of this security is on loan.

(c) 

Non-income producing security.

(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.

 

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the nine months ended May 31, 2019, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

 

  
Affiliated Issuer  

Shares

Held at

08/31/18

     Net Activity      

Shares

Held at

05/31/19

    

Value at

05/31/19

     Income     Net Realized
Gain (Loss)		    

Change in
Unrealized

Appreciation
(Depreciation)

  

 

  

BlackRock Cash Funds: Institutional,
SL Agency Shares

     1,098,170        4,712,889        5,811,059      $ 5,813,384      $ 94,461 (a)    $ (3,008 )    $ 322  

BlackRock Cash Funds: Treasury,
SL Agency Shares

     47,843        351,320        399,163        399,163        5,611       —       —  
          

 

 

     

 

 

    

 

 

    

 

 

  
           $ 6,212,547      $ 100,072     $ (3,008 )    $ 322  
          

 

 

     

 

 

    

 

 

    

 

 

  

 

  (a) 

Includes securities lending income earned from the reinvestment of cash collateral from loaned securities (excluding collateral investment fees), net of fees and other payments to and from borrowers of securities, and less fees paid to BTC as securities lending agent.

 

Futures Contracts

 

 

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

 

  

Long Contracts

           

CAC 40 Index

     103        06/21/19      $ 5,951      $ (74,145 ) 
          

 

 

  

 

 

2

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI France 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 www.iShares.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of May 31, 2019. 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

   $ 793,543,909     $ —      $ —      $ 793,543,909  

Money Market Funds

     6,212,547       —        —        6,212,547  
 

 

 

    

 

 

     

 

 

     

 

 

  
  $ 799,756,456     $ —      $ —      $ 799,756,456  
 

 

 

    

 

 

     

 

 

     

 

 

  

Derivative financial instruments(a)

          

Liabilities

          

Futures Contracts

   $ (74,145 )    $             —      $             —      $ (74,145 ) 
 

 

 

    

 

 

     

 

 

     

 

 

  

 

  (a) 

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

 

 

3