NPORT-EX 1 NPORT_6178146152165050.htm iShares MSCI Germany ETF

Schedule of Investments  (unaudited)

May 31, 2019

   

iShares® MSCI Germany ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Aerospace & Defense — 1.0%  

MTU Aero Engines AG

     103,271     $ 22,279,499  
   

 

 

  
Air Freight & Logistics — 2.5%  

Deutsche Post AG, Registered

     1,967,325       57,832,582  
   

 

 

  
Airlines — 0.4%  

Deutsche Lufthansa AG, Registered

     472,962       8,986,122  
   

 

 

  
Auto Components — 1.3%  

Continental AG

     218,881       29,708,247  
   

 

 

  
Automobiles — 6.5%  

Bayerische Motoren Werke AG

     658,488       45,509,420  

Daimler AG, Registered

     1,808,530       93,582,113  

Volkswagen AG

     64,507       10,214,629  
   

 

 

  
          149,306,162  
Banks — 0.6%  

Commerzbank AG

     1,997,310       14,026,378  
   

 

 

  
Capital Markets — 3.4%  

Deutsche Bank AG, Registered(a)

    3,908,393       26,510,823  

Deutsche Boerse AG

     377,886       52,110,793  
   

 

 

  
      78,621,616  
Chemicals — 7.7%  

BASF SE

     1,826,653       120,218,464  

Covestro AG(b)

    344,776       15,072,213  

Evonik Industries AG

     369,531       9,685,229  

LANXESS AG

     172,807       8,640,504  

Symrise AG

     256,129       23,935,102  
   

 

 

  
      177,551,512  
Construction & Engineering — 0.3%  

HOCHTIEF AG

     48,978       5,818,083  
   

 

 

  
Construction Materials — 1.0%  

HeidelbergCement AG

     295,964       21,951,989  
   

 

 

  
Diversified Telecommunication Services — 5.4%  

Deutsche Telekom AG, Registered

     6,628,635       111,611,835  

Telefonica Deutschland Holding AG

     1,769,651       4,951,719  

United Internet AG, Registered(c)

    245,559       8,770,121  
   

 

 

  
      125,333,675  
Food & Staples Retailing — 0.2%  

METRO AG

     360,065       5,661,475  
   

 

 

  
Health Care Equipment & Supplies — 0.8%  

Carl Zeiss Meditec AG, Bearer(a)

    79,817       7,493,539  

Siemens Healthineers AG(b)

    297,422       11,550,414  
   

 

 

  
      19,043,953  
Health Care Providers & Services — 3.2%  

Fresenius Medical Care AG & Co. KGaA

     428,631       31,180,667  

Fresenius SE & Co. KGaA

     829,660       41,982,987  
   

 

 

  
      73,163,654  
Household Products — 0.8%  

Henkel AG & Co. KGaA

     206,114       17,823,414  
   

 

 

  
Independent Power and Renewable Electricity Producers — 0.5%  

Uniper SE

     401,724       11,240,773  
   

 

 

  
Industrial Conglomerates — 7.5%  

Siemens AG, Registered

     1,521,419       171,980,717  
   

 

 

  
Security   Shares      Value  
Insurance — 12.0%  

Allianz SE, Registered

     844,175      $ 187,068,903  

Hannover Rueck SE

     120,047        17,952,524  

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered

     297,409        71,619,379  
    

 

 

  
           276,640,806  
Internet & Direct Marketing Retail — 0.8%  

Delivery Hero SE(b)(d)

    223,054        9,581,998  

Zalando SE(a)(b)(d)

    248,549        9,843,536  
    

 

 

  
       19,425,534  
IT Services — 1.6%             

Wirecard AG

     233,460        36,447,882  
    

 

 

  
Life Sciences Tools & Services — 0.8%  

QIAGEN NV(a)(d)

    459,084        17,475,584  
    

 

 

  
Machinery — 1.1%             

GEA Group AG

     304,212        8,298,688  

KION Group AG

     128,821        7,011,065  

Knorr-Bremse AG(d)

    95,913        10,533,090  
    

 

 

  
       25,842,843  
Media — 0.4%  

Axel Springer SE

     97,511        6,036,141  

RTL Group SA

     76,666        3,663,357  
    

 

 

  
       9,699,498  
Metals & Mining — 0.4%  

thyssenkrupp AG(a)

    802,636        10,138,223  
    

 

 

  
Multi-Utilities — 3.7%  

E.ON SE

     4,377,503        45,605,087  

Innogy SE, New(b)

    34,890        1,577,737  

Innogy SE

     244,372        10,116,539  

RWE AG

     1,088,308        27,117,228  
    

 

 

  
       84,416,591  
Personal Products — 1.0%  

Beiersdorf AG

     200,477        23,021,532  
    

 

 

  
Pharmaceuticals — 5.8%  

Bayer AG, Registered

     1,854,647        109,164,476  

Merck KGaA

     257,459        24,805,329  
    

 

 

  
       133,969,805  
Real Estate Management & Development — 4.3%  

Aroundtown SA

     1,566,058        13,266,531  

Deutsche Wohnen SE

     710,030        33,429,131  

Vonovia SE

     978,834        51,222,269  
    

 

 

  
       97,917,931  
Semiconductors & Semiconductor Equipment — 1.8%  

Infineon Technologies AG

     2,261,685        40,536,650  
    

 

 

  
Software — 10.5%             

SAP SE

     1,954,578        240,504,068  
    

 

 

  
Textiles, Apparel & Luxury Goods — 5.2%  

adidas AG

     358,739        102,418,733  

HUGO BOSS AG

     125,327        7,276,190  

Puma SE

     16,559        9,604,539  
    

 

 

  
       119,299,462  
Trading Companies & Distributors — 0.6%  

Brenntag AG

     306,242        14,189,625  
    

 

 

  
 

 

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Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Germany ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Transportation Infrastructure — 0.3%  

Fraport AG Frankfurt Airport Services Worldwide

     82,916     $ 6,514,021  
   

 

 

  
Wireless Telecommunication Services — 0.1%  

1&1 Drillisch AG

     105,156       3,206,061  
   

 

 

  

Total Common Stocks — 93.5%
(Cost: $2,794,306,931)

 

         2,149,575,967  
   

 

 

  

Preferred Stocks

    
Automobiles — 3.6%            

Bayerische Motoren Werke AG, Preference Shares, NVS

     110,937       6,552,001  

Porsche Automobil Holding SE, Preference Shares, NVS

     304,755       18,943,099  

Volkswagen AG, Preference Shares, NVS

     369,087       57,375,256  
   

 

 

  
      82,870,356  
Chemicals — 0.2%            

Fuchs Petrolub SE, Preference Shares, NVS

     139,078       5,415,057  
   

 

 

  
Health Care Equipment & Supplies — 0.6%  

Sartorius AG, Preference Shares, NVS

     70,980       13,446,417  
   

 

 

  
Household Products — 1.4%            

Henkel AG & Co. KGaA, Preference Shares, NVS

     354,364       32,293,743  
   

 

 

  

Total Preferred Stocks — 5.8%
(Cost: $193,812,861)

 

     134,025,573  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

 

Money Market Funds — 0.9%  

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

    20,053,431     $ 20,061,453  

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

    1,140,471       1,140,471  
   

 

 

  
      21,201,924  
   

 

 

  

Total Short-Term Investments — 0.9%
(Cost: $ 21,198,385)

 

     21,201,924  
   

 

 

  

Total Investments in Securities — 100.2%
(Cost: $ 3,009,318,177)

 

         2,304,803,464  

Other Assets, Less Liabilities — (0.2)%

 

     (4,655,847 ) 
   

 

 

  

Net Assets — 100.0%

 

   $ 2,300,147,617  
   

 

 

  

 

(a) 

All or a portion of this security is on loan.

(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) 

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

(d) 

Non-income producing security.

(e) 

Affiliate of the Fund.

(f) 

Annualized 7-day yield as of period-end.

(g) 

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

      62,176,709        (42,123,278 )       20,053,431      $ 20,061,453      $ 535,849 (a)     $ 8,791      $ 1,747  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      247,268        893,203        1,140,471        1,140,471        16,997        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 21,201,924      $ 552,846      $ 8,791      $ 1,747  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

            

DAX Index

      53        06/21/19      $ 17,314      $ (606,770 ) 
           

 

 

  

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.

 

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Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Germany 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

    $ 2,149,575,967        $ —        $ —        $ 2,149,575,967  

Preferred Stocks

      134,025,573          —          —          134,025,573  

Money Market Funds

      21,201,924          —          —          21,201,924  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 2,304,803,464        $ —        $ —        $ 2,304,803,464  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Liabilities

                  

Futures Contracts

    $ (606,770 )       $             —        $             —        $ (606,770 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

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