NPORT-EX 2 iShares_MSCI_Canada_ETF.htm iShares MSCI Canada ETF

Schedule of Investments  (unaudited) 

November 30, 2019

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 0.7%            

Bombardier Inc., Class B(a)

     4,459,730     $ 6,614,469  

CAE Inc.

     561,150       15,078,068  
   

 

 

  
      21,692,537  
Airlines — 0.1%            

Air Canada(a)

     111,867       4,215,278  
   

 

 

  
Auto Components — 1.3%            

Magna International Inc.

     690,956       38,068,255  
   

 

 

  
Banks — 27.1%            

Bank of Montreal

     1,322,155       101,750,939  

Bank of Nova Scotia (The)

     2,297,367       129,617,680  

Canadian Imperial Bank of Commerce

     900,743       78,298,353  

National Bank of Canada

     703,815       37,701,063  

Royal Bank of Canada

     2,942,688       240,887,232  

Toronto-Dominion Bank (The)

     3,751,226       216,304,460  
   

 

 

  
      804,559,727  
Capital Markets — 4.0%            

Brookfield Asset Management Inc., Class A

     1,814,630       104,991,015  

CI Financial Corp.

     574,937       9,055,285  

IGM Financial Inc.

     181,825       5,229,222  
   

 

 

  
      119,275,522  
Chemicals — 2.2%            

Methanex Corp.

     142,442       5,300,891  

Nutrien Ltd.

     1,266,501       59,785,140  
   

 

 

  
      65,086,031  
Construction & Engineering — 0.5%            

WSP Global Inc.

     216,359       13,964,583  
   

 

 

  
Containers & Packaging — 0.4%            

CCL Industries Inc., Class B, NVS

     310,390       13,275,555  
   

 

 

  
Diversified Financial Services — 0.4%            

Onex Corp.

     181,254       10,794,046  
   

 

 

  
Diversified Telecommunication Services — 1.0%  

BCE Inc.

     318,990       15,355,709  

TELUS Corp.

     408,450       15,421,621  
   

 

 

  
      30,777,330  
Electric Utilities — 2.0%            

Emera Inc.

     267,000       10,979,514  

Fortis Inc./Canada

     867,116       33,973,060  

Hydro One Ltd.(b)

     686,150       12,924,881  
   

 

 

  
      57,877,455  
Equity Real Estate Investment Trusts (REITs) — 0.6%  

Canadian Apartment Properties REIT

     61,543       2,568,751  

H&R Real Estate Investment Trust

     306,571       4,980,841  

RioCan REIT

     338,657       6,919,745  

SmartCentres Real Estate Investment Trust

     146,767       3,539,204  
   

 

 

  
      18,008,541  
Food & Staples Retailing — 4.2%  

Alimentation Couche-Tard Inc., Class B

     1,774,947       58,075,811  

Empire Co. Ltd., Class A, NVS

     364,932       9,772,732  

George Weston Ltd.

     161,100       13,103,892  

Loblaw Companies Ltd.

     397,832       21,445,339  

Metro Inc.

     502,891       22,027,629  
   

 

 

  
          124,425,403  
Security   Shares     Value  
Food Products — 0.5%            

Saputo Inc.

     483,305     $ 14,609,219  
   

 

 

  
Gas Utilities — 0.3%            

AltaGas Ltd.

     561,571       8,328,966  
   

 

 

  
Hotels, Restaurants & Leisure — 1.3%  

Restaurant Brands International Inc.

     477,753       31,389,802  

Stars Group Inc. (The)(a)(c)

     259,905       6,228,328  
   

 

 

  
          37,618,130  
Insurance — 8.4%            

Fairfax Financial Holdings Ltd.

     57,563       26,002,918  

Great-West Lifeco Inc.

     580,301       14,614,017  

iA Financial Corp. Inc.

     224,701       11,503,608  

Intact Financial Corp.

     287,485       29,645,639  

Manulife Financial Corp.

     4,066,458       79,997,401  

Power Corp. of Canada

     625,327       15,178,274  

Power Financial Corp.

     555,007       13,571,713  

Sun Life Financial Inc.

     1,254,186       57,230,351  
   

 

 

  
          247,743,921  
IT Services — 3.5%            

CGI Inc.(a)

     524,948       43,501,620  

Shopify Inc., Class A(a)(c)

     180,185       60,427,937  
   

 

 

  
          103,929,557  
Media — 0.8%            

Quebecor Inc., Class B

     157,973       3,917,659  

Shaw Communications Inc., Class B, NVS

     936,552       19,355,056  
   

 

 

  
          23,272,715  
Metals & Mining — 7.1%            

Agnico Eagle Mines Ltd.

     482,259       28,654,154  

Barrick Gold Corp.

     3,638,776       60,762,696  

First Quantum Minerals Ltd.

     1,437,166       13,146,295  

Franco-Nevada Corp.

     382,666       37,645,749  

Kinross Gold Corp.(a)

     2,625,097       11,344,293  

Kirkland Lake Gold Ltd.

     221,737       9,313,538  

Lundin Mining Corp.

     1,397,186       7,563,160  

Teck Resources Ltd., Class B

     1,060,512       16,607,303  

Wheaton Precious Metals Corp.

     917,981       25,225,904  
   

 

 

  
          210,263,092  
Multi-Utilities — 0.7%            

Algonquin Power & Utilities Corp.

     419,447       5,883,153  

Atco Ltd./Canada, Class I, NVS

     162,962       6,182,311  

Canadian Utilities Ltd., Class A, NVS

     272,000       7,998,735  
   

 

 

  
          20,064,199  
Multiline Retail — 1.3%            

Canadian Tire Corp. Ltd., Class A, NVS

     130,542       15,209,998  

Dollarama Inc.

     647,604       23,690,629  
   

 

 

  
          38,900,627  
Oil, Gas & Consumable Fuels — 18.2%  

Cameco Corp.

     831,978       7,579,096  

Canadian Natural Resources Ltd.

     2,498,409       69,803,093  

Cenovus Energy Inc.

     2,161,748       19,107,037  

Enbridge Inc.

     3,928,425       148,767,007  

Encana Corp.

     2,917,864       11,445,188  

Husky Energy Inc.

     744,279       5,418,542  

Imperial Oil Ltd.

     603,264       15,106,012  

Inter Pipeline Ltd.

     792,723       13,129,988  

Keyera Corp.

     431,989       10,540,759  

Parkland Fuel Corp.

     70,054       2,490,457  

Pembina Pipeline Corp.

     1,034,033       36,106,494  
 

 

 

1

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

 

Security   Shares     Value  
Oil, Gas & Consumable Fuels (continued)        

PrairieSky Royalty Ltd.

     452,136     $   4,663,477  

Suncor Energy Inc.

     3,316,257       103,438,756  

TC Energy Corp.

     1,805,796       91,360,430  
   

 

 

  
      538,956,336  
Paper & Forest Products — 0.2%  

West Fraser Timber Co. Ltd.

     129,265       5,622,164  
   

 

 

  
Pharmaceuticals — 0.9%            

Aurora Cannabis Inc.(a)(c)

     780,945       1,951,995  

Bausch Health Companies Inc.(a)

     651,742       18,410,209  

Canopy Growth Corp.(a)(c)

     283,157       5,225,054  

Cronos Group Inc.(a)(c)

     370,637       2,519,746  
   

 

 

  
      28,107,004  
Professional Services — 1.0%  

Thomson Reuters Corp.

     422,310       29,530,700  
   

 

 

  
Real Estate Management & Development — 0.2%  

First Capital Realty Inc.

     358,646       5,826,901  
   

 

 

  
Road & Rail — 6.6%  

Canadian National Railway Co.

     1,367,300       124,155,884  

Canadian Pacific Railway Ltd.

     295,940       70,087,593  
   

 

 

  
      194,243,477  
Software — 2.5%  

BlackBerry Ltd.(a)

     1,081,810       5,970,011  

Constellation Software Inc./Canada

     41,450       44,313,506  

Open Text Corp.

     549,399       23,920,003  
   

 

 

  
      74,203,520  
Textiles, Apparel & Luxury Goods — 0.4%  

Gildan Activewear Inc.

     454,887       13,356,366  
   

 

 

  
Security   Shares     Value  
Wireless Telecommunication Services — 1.2%  

Rogers Communications Inc., Class B, NVS

     744,799     $   36,122,681  
   

 

 

  

Total Common Stocks — 99.6%
(Cost: $3,217,121,202)

 

     2,952,719,838  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 0.5%

 

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    1.82%(d)(e)(f)

     11,842,612       11,847,349  

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    1.57%(d)(e)

     1,567,000       1,567,000  
   

 

 

  
          13,414,349  
   

 

 

  

Total Short-Term Investments — 0.5%
(Cost: $13,411,660)

 

     13,414,349  
   

 

 

  

Total Investments in Securities — 100.1%
(Cost: $3,230,532,862)

 

     2,966,134,187  

Other Assets, Less Liabilities — (0.1)%

 

     (2,611,437 ) 
   

 

 

  

Net Assets — 100.0%

 

   $   2,963,522,750  
   

 

 

  

 

(a) 

Non-income producing security.

(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) 

All or a portion of this security is on loan.

(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 three months ended November 30, 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
08/31/19

      Net Activity      Shares
Held at
11/30/19		      Value at
11/30/19		      Income      Net Realized
Gain (Loss)		     

Change in

Unrealized
Appreciation

(Depreciation)

  

BlackRock Cash Funds: Institutional,
SL Agency Shares

      52,307,444        (40,464,832 )       11,842,612      $ 11,847,349      $ 562,351 (a)     $ 8,095      $ (9,130 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

      986,000        581,000        1,567,000        1,567,000        5,026        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 13,414,349      $ 567,377      $ 8,095      $ (9,130 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

            

S&P/TSX 60 Index

      66        12/19/19      $ 10,114      $ 242,045  
           

 

 

  

 

 

2

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

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

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 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

    $ 2,952,719,838        $ —        $ —        $ 2,952,719,838  

Money Market Funds

      13,414,349          —          —          13,414,349  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 2,966,134,187        $ —        $ —        $ 2,966,134,187  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                  

Assets

                  

Futures Contracts

    $ 242,045        $ —        $ —        $ 242,045  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

 

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