NPORT-EX 2 iShares_MSCI_Mexico_ETF.htm iShares MSCI Mexico ETF

Schedule of Investments  (unaudited)

November 30, 2019

   

iShares® MSCI Mexico ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Airlines — 0.8%            

Controladora Vuela Cia. de Aviacion SAB de CV, Class A(a)

     4,143,700     $ 4,403,830  

Grupo Aeromexico SAB de CV(a)

     2,576,243       2,035,318  
   

 

 

  
      6,439,148  
Auto Components — 0.1%            

Nemak SAB de CV(b)

     2,530,000       1,072,677  
   

 

 

  
Banks — 11.7%            

Banco del Bajio SA(b)

     4,104,030       6,377,337  

Grupo Financiero Banorte SAB de CV, Class O

     12,648,761       66,753,657  

Grupo Financiero Inbursa SAB de CV, Class O

     12,859,192       15,301,420  

Regional SAB de CV

     1,400,000       7,654,046  
   

 

 

  
      96,086,460  
Beverages — 13.7%            

Arca Continental SAB de CV

     2,482,929       13,176,180  

Coca-Cola Femsa SAB de CV

     1,864,243       10,718,764  

Fomento Economico Mexicano SAB de CV

     9,676,410       88,045,385  
   

 

 

  
        111,940,329  
Building Products — 0.2%            

Grupo Rotoplas SAB de CV

     1,780,700       1,654,215  
   

 

 

  
Capital Markets — 0.7%            

Bolsa Mexicana de Valores SAB de CV

     2,721,187       5,933,305  
   

 

 

  
Chemicals — 1.6%            

Orbia Advance Corp. SAB de CV

     5,889,942       12,887,787  
   

 

 

  
Construction Materials — 4.3%        

Cemex SAB de CV, CPO, NVS

     81,715,829       29,954,022  

Grupo Cementos de Chihuahua SAB de CV

     1,007,500       5,298,472  
   

 

 

  
      35,252,494  
Consumer Finance — 1.2%            

Credito Real SAB de CV SOFOM ER

     1,904,074       2,244,221  

Gentera SAB de CV

     6,356,806       6,091,036  

Unifin Financiera SAB de CV

     1,006,748       1,542,213  
   

 

 

  
      9,877,470  
Diversified Telecommunication Services — 0.8%  

Axtel SAB de CV, CPO(a)

     4,435,800       700,431  

Telesites SAB de CV(a)

     8,345,846       6,032,987  
   

 

 

  
      6,733,418  
Equity Real Estate Investment Trusts (REITs) — 6.3%  

Concentradora Fibra Danhos SA de CV

     1,993,200       2,935,820  

Concentradora Fibra Hotelera Mexicana SA de CV(b)

     6,037,190       2,844,417  

Fibra Uno Administracion SA de CV

     16,878,700       25,847,416  

Macquarie Mexico Real Estate Management SA de CV(b)

     4,992,600       6,959,514  

PLA Administradora Industrial S. de RL de CV

     4,878,200       7,970,482  

Prologis Property Mexico SA de CV

     2,419,600       5,145,472  
   

 

 

  
      51,703,121  
Food & Staples Retailing — 9.7%  

Grupo Comercial Chedraui SA de CV

     2,261,600       3,136,361  

La Comer SAB de CV(a)(c)

     3,353,855       4,455,071  

Wal-Mart de Mexico SAB de CV

     25,762,533       71,956,258  
   

 

 

  
      79,547,690  
Food Products — 3.8%            

Gruma SAB de CV, Series B

     1,198,175       12,101,227  

Grupo Bimbo SAB de CV, Series A

     9,103,104       15,774,264  
Security   Shares      Value  
Food Products (continued)             

Grupo Herdez SAB de CV

     1,619,644      $ 3,171,946  
    

 

 

  
       31,047,437  
Gas Utilities — 1.5%             

Infraestructura Energetica Nova SAB de CV

     2,989,000        12,288,222  
    

 

 

  
Hotels, Restaurants & Leisure — 1.3%  

Alsea SAB de CV(a)

     3,151,566        8,560,148  

Hoteles City Express SAB de CV(a)

     2,783,600        2,281,908  
    

 

 

  
       10,842,056  
Household Durables — 0.2%         

Consorcio ARA SAB de CV

     7,421,119        1,544,679  
    

 

 

  
Household Products — 2.0%             

Kimberly-Clark de Mexico SAB de CV, Class A

     8,591,654        16,495,729  
    

 

 

  
Industrial Conglomerates — 2.7%         

Alfa SAB de CV, Class A

     16,735,651        13,178,827  

Grupo Carso SAB de CV, Series A1

     2,660,633        8,915,381  
    

 

 

  
       22,094,208  
Insurance — 0.7%             

Qualitas Controladora SAB de CV

     1,333,300        5,682,358  
    

 

 

  
Media — 4.2%             

Grupo Televisa SAB, CPO

     13,028,347        28,420,505  

Megacable Holdings SAB de CV, CPO

     1,733,500        6,153,523  
    

 

 

  
       34,574,028  
Metals & Mining — 5.5%         

Grupo Mexico SAB de CV, Series B

     13,755,286        36,021,635  

Industrias Penoles SAB de CV

     809,388        8,601,991  
    

 

 

  
         44,623,626  
Mortgage Real Estate Investment — 0.4%  

Concentradora Hipotecaria SAPI de
CV(c)

     2,697,500        2,767,270  
    

 

 

  
Multiline Retail — 0.7%             

El Puerto de Liverpool SAB de CV, Series C1, NVS(c)

     1,149,165        5,681,166  
    

 

 

  
Pharmaceuticals — 0.6%             

Genomma Lab Internacional SAB de CV, Class B(a)(c)

     5,431,593        5,076,411  
    

 

 

  
Real Estate Management & Development — 1.0%  

Corp Inmobiliaria Vesta SAB de CV

     3,702,249        6,257,884  

Grupo GICSA SA de CV(a)

     5,978,766        1,998,490  
    

 

 

  
       8,256,374  
Road & Rail — 0.1%         

Grupo Traxion SAB de CV(a)(b)

     955,100        675,237  
    

 

 

  
Transportation Infrastructure — 7.9%         

Grupo Aeroportuario del Centro Norte SAB de CV

     1,826,892        12,162,733  

Grupo Aeroportuario del Pacifico SAB de CV, Series B

     1,984,749        20,227,539  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     1,147,660        19,632,397  

Promotora y Operadora de Infraestructura SAB de CV

     1,301,335        12,471,947  
    

 

 

  
       64,494,616  
Wireless Telecommunication Services — 16.0%  

America Movil SAB de CV, Series L, NVS

     170,700,118        131,270,758  
    

 

 

  

Total Common Stocks — 99.7%
(Cost: $1,180,344,013)

 

      816,542,289  
    

 

 

  
 

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Mexico ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 0.2%            

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

     534,131     $ 534,345  

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

     960,000       960,000  
   

 

 

  
      1,494,345  
   

 

 

  

Total Short-Term Investments — 0.2%
(Cost: $1,494,279)

       1,494,345  
   

 

 

  

Total Investments in Securities — 99.9%
(Cost: $1,181,838,292)

       818,036,634  

Other Assets, Less Liabilities — 0.1%

       945,095  
   

 

 

  

Net Assets — 100.0%

     $   818,981,729  
   

 

 

  

 

(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

      3,758,756        (3,224,625 )       534,131      $ 534,345      $ 4,602 (a)     $ (135 )     $ 79  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      371,000        589,000        960,000        960,000        2,906        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 1,494,345      $ 7,508      $ (135 )     $ 79  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

            

MEX BOLSA Index

      93        12/20/19      $ 2,052      $ (24,024 ) 
           

 

 

  

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.

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Mexico ETF

 

Fair Value Measurements (continued)

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

    $ 816,542,289        $ —        $ —        $ 816,542,289  

Money Market Funds

      1,494,345          —          —          1,494,345  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 818,036,634        $ —        $ —        $ 818,036,634  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                  

Liabilities

                  

Futures Contracts

    $ (24,024 )       $ —        $ —        $ (24,024 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
CPO    Certificates of Participation (Ordinary)
NVS    Non-Voting Shares

 

 

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