0001752724-19-084790.txt : 20190729 0001752724-19-084790.hdr.sgml : 20190729 20190729171538 ACCESSION NUMBER: 0001752724-19-084790 CONFORMED SUBMISSION TYPE: NPORT-EX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190531 FILED AS OF DATE: 20190729 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares, Inc. CENTRAL INDEX KEY: 0000930667 IRS NUMBER: 510396525 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NPORT-EX SEC ACT: 1940 Act SEC FILE NUMBER: 811-09102 FILM NUMBER: 19982277 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: iSHARES INC DATE OF NAME CHANGE: 20070126 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES INC DATE OF NAME CHANGE: 20000516 FORMER COMPANY: FORMER CONFORMED NAME: WEBS INDEX FUND INC DATE OF NAME CHANGE: 19970211 0000930667 S000004264 iShares MSCI Brazil ETF C000011968 iShares MSCI Brazil ETF EWZ ACCESSION NUMBER: 0001752724-19-078064 NPORT-EX 1 NPORT_6178268083900032.htm iShares MSCI Brazil ETF

Schedule of Investments  (unaudited)

May 31, 2019

   

iShares® MSCI Brazil ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 1.0%            

Embraer SA

     17,294,287     $     83,723,365  
   

 

 

  
Banks — 6.2%            

Banco Bradesco SA

     19,405,148       161,858,294  

Banco do Brasil SA

     19,804,587       262,330,839  

Banco Santander Brasil SA

     10,259,475       119,777,746  
   

 

 

  
      543,966,879  
Beverages — 4.4%            

Ambev SA

     85,316,655       382,512,593  
   

 

 

  
Capital Markets — 5.0%            

B3 SA - Brasil, Bolsa, Balcao

     44,503,777       415,773,330  

Banco BTG Pactual SA

     2,148,100       25,643,959  
   

 

 

  
      441,417,289  
Containers & Packaging — 0.8%            

Klabin SA

     18,647,900       74,079,002  
   

 

 

  
Diversified Consumer Services — 1.1%            

Kroton Educacional SA

     35,966,119       95,005,536  
   

 

 

  
Electric Utilities — 2.0%            

Centrais Eletricas Brasileiras SA

     6,418,800       56,425,227  

Energisa SA

     2,005,000       23,054,632  

Equatorial Energia SA

     4,379,000       96,375,140  
   

 

 

  
      175,854,999  
Electrical Equipment — 1.2%            

WEG SA

     21,244,381       103,388,887  
   

 

 

  
Food & Staples Retailing — 2.0%            

Atacadao SA

     11,272,500       66,666,252  

Raia Drogasil SA

     5,865,000       104,012,952  
   

 

 

  
      170,679,204  
Food Products — 3.2%            

BRF SA(a)

    14,061,150       99,502,824  

JBS SA

     25,808,107       144,125,593  

M. Dias Branco SA

     3,439,300       33,994,103  
   

 

 

  
      277,622,520  
Health Care Providers & Services — 0.3%  

Notre Dame Intermedica Participacoes SA

     2,328,200       24,385,908  
   

 

 

  
Independent Power and Renewable Electricity Producers — 0.8%  

Engie Brasil Energia SA

     5,705,043       67,509,093  
   

 

 

  
Insurance — 3.7%            

BB Seguridade Participacoes SA

     16,675,495       127,119,551  

IRB Brasil Resseguros S/A

     3,606,700       93,871,499  

Porto Seguro SA

     3,162,820       42,823,794  

Sul America SA

     6,542,949       58,352,328  
   

 

 

  
      322,167,172  
Internet & Direct Marketing Retail — 0.5%  

B2W Cia. Digital(a)

    5,405,800       43,363,509  
   

 

 

  
IT Services — 0.6%            

Cielo SA

     33,021,996       56,521,401  
   

 

 

  
Metals & Mining — 10.2%            

Cia. Siderurgica Nacional SA

     17,106,169       72,280,818  

Vale SA

     65,627,832       821,521,502  
   

 

 

  
      893,802,320  
Security   Shares     Value  
Multiline Retail — 3.5%            

Lojas Renner SA

     18,644,609     $     209,766,140  

Magazine Luiza SA

     1,977,800       99,031,474  
   

 

 

  
      308,797,614  
Oil, Gas & Consumable Fuels — 6.6%            

Cosan SA

     4,752,950       57,238,418  

Petroleo Brasileiro SA

     58,022,269       418,446,928  

Ultrapar Participacoes SA

     18,382,410       97,115,327  
   

 

 

  
      572,800,673  
Paper & Forest Products — 1.3%            

Suzano SA

     13,362,430       109,510,207  
   

 

 

  
Personal Products — 0.9%            

Natura Cosmeticos SA

     5,235,565       80,224,093  
   

 

 

  
Pharmaceuticals — 0.8%            

Hypera SA

     9,402,000       72,585,438  
   

 

 

  
Real Estate Management & Development — 1.4%  

BR Malls Participacoes SA

     21,611,938       70,725,763  

Multiplan Empreendimentos Imobiliarios SA

     8,506,538       53,980,790  
   

 

 

  
      124,706,553  
Road & Rail — 3.1%            

Localiza Rent a Car SA

     14,098,531       137,009,023  

Rumo SA(a)

    26,979,890       133,438,246  
   

 

 

  
      270,447,269  
Specialty Retail — 0.3%            

Petrobras Distribuidora SA

     4,200,900       27,420,038  
   

 

 

  
Transportation Infrastructure — 1.2%            

CCR SA

     30,865,065       105,422,522  
   

 

 

  
Water Utilities — 1.1%            

Cia. de Saneamento Basico do Estado de Sao Paulo

     8,776,100       99,118,992  
   

 

 

  
Wireless Telecommunication Services — 0.7%  

TIM Participacoes SA

     23,311,825       65,509,420  
   

 

 

  

Total Common Stocks — 63.9%
(Cost: $4,115,580,081)

       5,592,542,496  
   

 

 

  

Preferred Stocks

    
Banks — 22.1%            

Banco Bradesco SA, Preference Shares, NVS

     82,923,047       783,811,755  

Itau Unibanco Holding SA, Preference Shares, NVS

     101,105,747       904,021,343  

Itausa-Investimentos Itau SA, Preference Shares, NVS

     78,721,527       249,172,215  
   

 

 

  
      1,937,005,313  
Chemicals — 0.6%            

Braskem SA, Class A, Preference Shares, NVS

     4,965,456       54,266,863  
   

 

 

  
Diversified Telecommunication Services — 1.5%  

Telefonica Brasil SA, Preference Shares, NVS

     10,960,364       134,540,540  
   

 

 

  
Electric Utilities — 1.8%            

Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS

     6,753,346       61,539,917  

Cia. Energetica de Minas Gerais, Preference Shares, NVS

     24,256,870       91,465,206  
   

 

 

  
      153,005,123  
Food & Staples Retailing — 1.1%            

Cia. Brasileira de Distribuicao, Preference Shares, NVS

     4,121,064       91,814,324  
   

 

 

  
 

 

1

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Brazil ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Metals & Mining — 1.1%            

Gerdau SA, Preference Shares, NVS

     26,445,726     $ 93,705,860  
   

 

 

  
Multiline Retail — 0.9%            

Lojas Americanas SA, Preference Shares, NVS

     19,670,817       81,107,446  
   

 

 

  
Oil, Gas & Consumable Fuels — 6.3%  

Petroleo Brasileiro SA, Preference Shares, NVS

     84,132,883       549,150,613  
   

 

 

  

Total Preferred Stocks — 35.4%
(Cost: $2,042,626,501)

         3,094,596,082  
   

 

 

  

Short-Term Investments

 

  
Money Market Funds — 0.1%            

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    2.33%(b)(c)

    7,236,785       7,236,785  
   

 

 

  

Total Short-Term Investments — 0.1%
(Cost: $7,236,785)

 

     7,236,785  
   

 

 

  

Total Investments in Securities — 99.4%
(Cost: $6,165,443,367)

 

     8,694,375,363  

Other Assets, Less Liabilities — 0.6%

       51,663,306  
   

 

 

  

Net Assets — 100.0%

     $ 8,746,038,669  
   

 

 

  

 

 

(a) 

Non-income producing security.

(b) 

Affiliate of the Fund.

(c) 

Annualized 7-day yield as of period-end.

 

 

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: Treasury, SL Agency Shares

      3,435,968        3,800,817        7,236,785      $ 7,236,785      $ 130,496      $ —      $ —  
           

 

 

     

 

 

     

 

 

     

 

 

  

Futures Contracts

 

 

  
Description   

Number of

Contracts

      

Expiration

Date

      

Notional

Amount

(000)

      

Value/

Unrealized

Appreciation

(Depreciation)

  

 

  

Long Contracts

                  

MSCI Emerging Markets E-Mini

      1,049          06/21/19        $ 52,460        $ (2,692,727 ) 
                 

 

 

  

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.

 

2

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Brazil ETF

    

 

Fair Value Measurements (continued)

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

    $ 5,592,542,496        $             —        $             —        $ 5,592,542,496  

Preferred Stocks

      3,094,596,082          —          —          3,094,596,082  

Money Market Funds

      7,236,785          —          —          7,236,785  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 8,694,375,363        $ —        $ —        $ 8,694,375,363  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Liabilities

                  

Futures Contracts

    $ (2,692,727 )       $ —        $ —        $ (2,692,727 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

3