NPORT-EX 1 NPORT_6173185988306153.htm iShares MSCI South Korea ETF

Schedule of Investments  (unaudited) 

May 31, 2019

   

iShares® MSCI South Korea ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 0.4%            

Korea Aerospace Industries Ltd.

     604,648     $ 16,831,036  
   

 

 

  
Air Freight & Logistics — 0.5%            

Hyundai Glovis Co. Ltd.

     160,651       21,921,058  
   

 

 

  
Airlines — 0.3%            

Korean Air Lines Co. Ltd.

     463,888       12,289,585  
   

 

 

  
Auto Components — 2.8%            

Hankook Tire & Technology Co. Ltd.

     599,419       17,616,647  

Hanon Systems

     1,662,696       16,195,544  

Hyundai Mobis Co. Ltd.

     484,420       88,268,654  
   

 

 

  
      122,080,845  
Automobiles — 4.3%            

Hyundai Motor Co.

     1,083,251       122,342,144  

Kia Motors Corp.

     1,932,679       63,860,038  
   

 

 

  
      186,202,182  
Banks — 8.3%            

BNK Financial Group Inc.

     2,210,329       12,806,508  

Hana Financial Group Inc.

     2,117,295       64,537,584  

Industrial Bank of Korea

     1,987,157       23,110,357  

KB Financial Group Inc.

     2,790,167       102,619,292  

Shinhan Financial Group Co. Ltd.

     3,008,448       112,289,456  

Woori Financial Group Inc.

     3,486,761       40,696,933  
   

 

 

  
      356,060,130  
Biotechnology — 3.4%            

Celltrion Inc.(a)(b)

    580,637       92,636,687  

Helixmith Co. Ltd.(a)

    109,379       17,891,535  

Medy-Tox Inc.

     35,633       13,410,623  

SillaJen Inc.(a)(b)

    436,848       20,175,195  
   

 

 

  
      144,114,040  
Building Products — 0.3%            

KCC Corp.

     52,370       11,345,587  
   

 

 

  
Capital Markets — 1.7%            

Korea Investment Holdings Co. Ltd.

     331,501       20,153,390  

Meritz Securities Co. Ltd.

     173,957       686,538  

Mirae Asset Daewoo Co. Ltd.

     3,184,158       19,946,107  

NH Investment & Securities Co. Ltd.

     1,242,053       14,079,869  

Samsung Securities Co. Ltd.

     548,021       16,267,144  
   

 

 

  
      71,133,048  
Chemicals — 3.7%            

Hanwha Chemical Corp.

     897,999       15,571,147  

Kumho Petrochemical Co. Ltd.

     162,393       13,063,439  

LG Chem Ltd.

     325,409       90,991,013  

Lotte Chemical Corp.

     128,576       27,855,074  

OCI Co. Ltd.

     153,103       11,609,036  
   

 

 

  
      159,089,709  
Commercial Services & Supplies — 0.3%            

S-1 Corp.

     160,694       12,953,753  
   

 

 

  
Construction & Engineering — 2.3%            

Daelim Industrial Co. Ltd.

     242,590       21,083,269  

Daewoo Engineering & Construction Co.
Ltd.(a)

    1,854,849       7,483,877  

GS Engineering & Construction Corp.

     459,917       15,505,641  

HDC Hyundai Development Co-Engineering & Construction, Class E

     230,431       8,291,182  

Hyundai Engineering & Construction Co. Ltd.

     600,468       25,916,580  
Security   Shares     Value  
Construction & Engineering (continued)            

Samsung Engineering Co. Ltd.(a)

    1,309,306     $ 18,360,408  
   

 

 

  
      96,640,957  
Construction Materials — 0.2%            

POSCO Chemical Co. Ltd.(b)

    197,045       9,000,964  
   

 

 

  
Consumer Finance — 0.2%            

Samsung Card Co. Ltd.

     309,294       9,557,494  
   

 

 

  
Diversified Telecommunication Services — 0.2%  

LG Uplus Corp.

     912,445       10,688,226  
   

 

 

  
Electric Utilities — 0.9%            

Korea Electric Power Corp.(a)

    1,872,258       40,875,563  
   

 

 

  
Electronic Equipment, Instruments & Components — 3.3%  

LG Display Co. Ltd.(a)

    1,782,394       25,593,196  

LG Innotek Co. Ltd.

     127,223       10,116,734  

Samsung Electro-Mechanics Co. Ltd.(b)

    410,023       32,777,051  

Samsung SDI Co. Ltd.

     393,981       72,285,539  
   

 

 

  
      140,772,520  
Entertainment — 1.9%            

NCSoft Corp.

     129,030       51,681,342  

Netmarble Corp.(a)(b)(c)

    201,120       19,336,837  

Pearl Abyss Corp.(a)(b)

    56,955       9,455,037  
   

 

 

  
      80,473,216  
Food & Staples Retailing — 0.9%            

BGF retail Co. Ltd.

     74,648       11,690,194  

E-MART Inc.

     159,120       19,240,306  

GS Retail Co. Ltd.

     283,658       8,098,389  
   

 

 

  
      39,028,889  
Food Products — 0.9%            

CJ CheilJedang Corp.

     70,616       16,632,621  

Orion Corp./Republic of Korea

     175,750       12,691,662  

Ottogi Corp.

     13,131       7,839,567  
   

 

 

  
      37,163,850  
Gas Utilities — 0.2%            

Korea Gas Corp.

     257,280       8,922,381  
   

 

 

  
Health Care Providers & Services — 0.4%  

Celltrion Healthcare Co. Ltd.(a)(b)

    375,449       17,938,574  
   

 

 

  
Hotels, Restaurants & Leisure — 0.6%            

Kangwon Land Inc.

     954,966       24,898,559  
   

 

 

  
Household Durables — 1.8%            

LG Electronics Inc.

     776,751       51,265,957  

Woongjin Coway Co. Ltd.

     409,185       27,521,806  
   

 

 

  
      78,787,763  
Industrial Conglomerates — 3.8%            

CJ Corp.

     132,024       11,252,360  

Hanwha Corp.

     412,236       8,844,261  

LG Corp.

     705,951       43,451,346  

Lotte Corp.

     273,208       9,681,231  

Samsung C&T Corp.

     553,258       42,879,934  

SK Holdings Co. Ltd.

     232,413       45,178,948  
   

 

 

  
      161,288,080  
Insurance — 3.2%            

DB Insurance Co. Ltd.

     407,606       21,049,432  

Hanwha Life Insurance Co. Ltd.

     2,835,804       7,643,741  

Hyundai Marine & Fire Insurance Co. Ltd.

     542,829       14,016,283  

Orange Life Insurance Ltd.(c)

    322,298       9,824,013  
 

 

1

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI South Korea ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Insurance (continued)            

Samsung Fire & Marine Insurance Co. Ltd.

     225,984     $ 51,424,691  

Samsung Life Insurance Co. Ltd.

     518,865       35,203,873  
   

 

 

  
        139,162,033  
Interactive Media & Services — 3.1%            

Kakao Corp.

     381,666       39,900,426  

NAVER Corp.

     985,128       92,234,253  
   

 

 

  
      132,134,679  
Internet & Direct Marketing Retail — 0.3%            

CJ ENM Co. Ltd.

     87,499       14,077,428  
   

 

 

  
IT Services — 1.0%            

Samsung SDS Co. Ltd.

     258,493       44,930,768  
   

 

 

  
Leisure Products — 0.3%            

HLB Inc.(a)(b)

    256,460       15,117,551  
   

 

 

  
Life Sciences Tools & Services — 0.7%            

Samsung Biologics Co. Ltd.(a)(c)

    122,382       30,829,289  
   

 

 

  
Machinery — 2.2%            

Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)(b)

    335,691       8,400,027  

Doosan Bobcat Inc.

     476,492       13,483,735  

Hyundai Heavy Industries Co. Ltd.(a)

    287,680       28,383,911  

Hyundai Heavy Industries Holdings Co. Ltd.

     78,049       20,709,954  

Samsung Heavy Industries Co. Ltd.(a)

    3,280,895       21,626,523  
   

 

 

  
      92,604,150  
Marine — 0.2%            

Pan Ocean Co. Ltd.(a)

    2,507,338       9,126,971  
   

 

 

  
Media — 0.3%            

Cheil Worldwide Inc.

     682,797       15,136,318  
   

 

 

  
Metals & Mining — 3.6%            

Hyundai Steel Co.

     622,610       21,330,496  

Korea Zinc Co. Ltd.

     68,140       25,003,930  

POSCO

     545,520       108,792,510  
   

 

 

  
      155,126,936  
Multiline Retail — 0.9%            

Hyundai Department Store Co. Ltd.

     133,796       9,504,695  

Lotte Shopping Co. Ltd.

     97,531       13,103,501  

Shinsegae Inc.

     61,189       15,311,380  
   

 

 

  
      37,919,576  
Oil, Gas & Consumable Fuels — 2.4%            

GS Holdings Corp.

     423,014       17,795,786  

SK Innovation Co. Ltd.

     427,792       59,270,871  

S-Oil Corp.

     345,486       24,223,764  
   

 

 

  
      101,290,421  
Personal Products — 2.8%            

Amorepacific Corp.

     232,846       34,998,265  

AMOREPACIFIC Group

     234,833       12,777,881  

LG Household & Health Care Ltd.

     66,787       71,671,665  
   

 

 

  
      119,447,811  
Pharmaceuticals — 1.2%            

Celltrion Pharm Inc.(a)(b)

    151,937       6,519,423  

Hanmi Pharm Co. Ltd.

     53,260       18,269,132  

Hanmi Science Co. Ltd.

     150,120       8,685,253  

Yuhan Corp.

     81,450       16,927,429  
   

 

 

  
      50,401,237  
Security   Shares     Value  
Road & Rail — 0.3%            

CJ Logistics Corp.(a)(b)

    82,643     $ 11,068,569  
   

 

 

  
Semiconductors & Semiconductor Equipment — 4.9%  

SK Hynix Inc.

     3,823,581       209,656,427  
   

 

 

  
Specialty Retail — 0.5%            

Hotel Shilla Co. Ltd.

     247,940       19,695,293  
   

 

 

  
Technology Hardware, Storage & Peripherals — 23.1%  

Samsung Electronics Co. Ltd.

     27,647,278       986,656,575  
   

 

 

  
Textiles, Apparel & Luxury Goods — 0.6%  

Fila Korea Ltd.

     384,404       25,177,187  
   

 

 

  
Tobacco — 1.7%            

KT&G Corp.

     836,873       70,975,038  
   

 

 

  
Trading Companies & Distributors — 0.2%  

Posco International Corp.

     530,450       7,661,214  
   

 

 

  
Wireless Telecommunication Services — 0.8%  

SK Telecom Co. Ltd.

     155,145       32,633,993  
   

 

 

  

Total Common Stocks — 97.9%
(Cost: $2,897,611,135)

 

     4,190,887,473  
   

 

 

  

Preferred Stocks

    
Automobiles — 0.8%            

Hyundai Motor Co.

    

Preference Shares, NVS

     212,740       14,005,220  

Series 2, Preference Shares, NVS

     302,287       21,753,292  
   

 

 

  
      35,758,512  
Chemicals — 0.3%            

LG Chem Ltd., Preference Shares, NVS

     73,141       11,914,816  
   

 

 

  
Industrial Conglomerates — .00%            

CJ Corp., Preference Shares(a)

    17,539       397,643  
   

 

 

  
Personal Products — 0.5%            

Amorepacific Corp., Preference Shares, NVS

     89,325       7,470,627  

LG Household & Health Care Ltd., Preference Shares, NVS

     19,920       12,193,870  
   

 

 

  
      19,664,497  
Technology Hardware, Storage & Peripherals — .00%  

Samsung Electronics Co. Ltd., Preference Shares, NVS

     25,144       734,748  
   

 

 

  

Total Preferred Stocks — 1.6%
(Cost: $54,878,284)

       68,470,216  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 3.2%            

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

    123,071,265       123,120,494  
 

 

2

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI South Korea ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Money Market Funds (continued)            

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

    11,959,505     $ 11,959,505  
   

 

 

  
      135,079,999  
   

 

 

  

Total Short-Term Investments — 3.2%
(Cost: $135,030,770)

 

         135,079,999  
   

 

 

  

Total Investments in Securities — 102.7%
(Cost: $3,087,520,189)

 

     4,394,437,688  

Other Assets, Less Liabilities — (2.7)%

 

     (115,683,339 ) 
   

 

 

  

Net Assets — 100.0%

     $ 4,278,754,349  
   

 

 

  

 

(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 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

     289,663,819        (166,592,554 )      123,071,265      $ 123,120,494      $ 6,230,164 (a)    $ 18,606      $ (10,898 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

     3,563,166        8,396,339       11,959,505        11,959,505        177,218       —        —  
         

 

 

     

 

 

    

 

 

     

 

 

  
          $ 135,079,999      $ 6,407,382     $ 18,606      $ (10,898 ) 
         

 

 

     

 

 

    

 

 

     

 

 

  

 

  (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

           

KOSPI 200 Index

     337        06/13/19      $ 18,641      $ (898,623 ) 
          

 

 

  

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

   $ 4,190,887,473     $ —      $ —      $ 4,190,887,473  

Preferred Stocks

     68,072,573       397,643        —        68,470,216  

Money Market Funds

     135,079,999       —        —        135,079,999  
 

 

 

    

 

 

     

 

 

     

 

 

  
  $ 4,394,040,045     $     397,643      $ —      $ 4,394,437,688  
 

 

 

    

 

 

     

 

 

     

 

 

  

Derivative financial instruments(a)

         

Liabilities

          

Futures Contracts

   $ (898,623 )    $ —      $             —      $ (898,623 ) 
 

 

 

    

 

 

     

 

 

     

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

3