NPORT-EX 2 iShsMSCIGblAgriProducerETF.htm iShares MSCI Global Agriculture Producers ETF

Schedule of Investments  (unaudited)

November 30, 2019

   

iShares® MSCI Global Agriculture Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Argentina — 0.2%            

Adecoagro SA(a)(b)

     7,771     $   53,464  
   

 

 

  
Australia — 1.5%            

Australian Agricultural Co. Ltd.(a)

     24,149       17,151  

Costa Group Holdings Ltd.

     26,790       47,114  

Elders Ltd.

     9,084       39,631  

GrainCorp Ltd., Class A(a)

     16,264       89,438  

Inghams Group Ltd.

     22,648       50,247  

Nufarm Ltd./Australia(a)(b)

     21,451       71,822  

Select Harvests Ltd.

     7,201       37,699  

Tassal Group Ltd.

     14,875       43,667  
   

 

 

  
      396,769  
Brazil — 0.4%            

Sao Martinho SA

     13,300       65,741  

SLC Agricola SA

     7,600       34,510  
   

 

 

  
      100,251  
Canada — 8.1%            

Ag Growth International Inc.

     1,425       49,554  

Nutrien Ltd.

     43,130       2,035,950  

Rogers Sugar Inc.

     7,866       28,604  

Village Farms International Inc.(a)(b)

     2,945       19,334  
   

 

 

  
      2,133,442  
China — 2.9%            

Beijing Dabeinong Technology Group Co. Ltd., Class A

     20,900       12,903  

China Agri-Industries Holdings Ltd.

     171,200       89,890  

China BlueChemical Ltd., Class H

     138,000       32,967  

China Huishan Dairy Holdings Co. Ltd.(a)(c)

     295,050       603  

China Modern Dairy Holdings Ltd.(a)

     190,000       27,914  

COFCO Meat Holdings Ltd.(a)

     104,000       32,152  

Fujian Sunner Development Co. Ltd., Class A

     3,800       12,843  

Heilongjiang Agriculture Co. Ltd.

     7,600       10,033  

Henan Shuanghui Investment & Development Co. Ltd., Class A

     11,400       50,254  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     26,600       110,071  

Jiangsu Yangnong Chemical Co. Ltd.

     1,900       15,189  

Jiangxi Zhengbang Technology Co. Ltd., Class A

     11,400       23,708  

Muyuan Foodstuff Co. Ltd., Class A

     7,600       93,839  

New Hope Liuhe Co. Ltd., Class A

     19,000       55,595  

Shandong Hualu Hengsheng Chemical Co. Ltd., Class A

     7,600       18,054  

Sinofert Holdings Ltd.

     152,000       15,340  

Tech-Bank Food Co. Ltd., Class A(a)

     5,700       10,395  

Tongwei Co. Ltd., Class A

     17,100       31,865  

Wens Foodstuffs Group Co. Ltd., Class A

     24,700       125,785  

Yuan Longping High-Tech Agriculture Co. Ltd.

     5,700       10,338  
   

 

 

  
      779,738  
France — 0.1%            

Vilmorin & Cie SA

     494       27,234  
   

 

 

  
Germany — 1.1%            

K+S AG, Registered

     14,440       163,275  

KWS Saat SE & Co. KGaA

     874       58,399  

Suedzucker AG

     5,358       80,463  
   

 

 

  
      302,137  
Hong Kong — 3.0%            

Ausnutria Dairy Corp. Ltd.

     46,000       57,120  

WH Group Ltd.(d)

     722,000       741,577  
   

 

 

  
      798,697  
Security   Shares     Value  
India — 2.4%            

Balrampur Chini Mills Ltd.

     8,987     $   19,167  

Bayer CropScience Ltd./India

     785       40,667  

Chambal Fertilizers and Chemicals Ltd.

     7,448       15,464  

Coromandel International Ltd.

     5,111       33,835  

EID Parry India Ltd.

     4,446       11,013  

Escorts Ltd.

     4,104       36,453  

Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

     3,135       8,447  

Jain Irrigation Systems Ltd.

     8,214       1,197  

Kaveri Seed Co. Ltd.

     1,919       13,125  

KRBL Ltd.

     3,477       9,968  

Rallis India Ltd.

     4,009       10,350  

Sharda Cropchem Ltd.

     428       1,261  

Tata Global Beverages Ltd.

     22,211       100,052  

UPL Ltd.

     40,337       322,330  

Venky’s India Ltd.

     304       7,720  
   

 

 

  
      631,049  
Indonesia — 1.3%            

Charoen Pokphand Indonesia Tbk PT

     554,800       264,518  

Eagle High Plantations Tbk PT(a)

     37,800       255  

Inti Agri Resources Tbk PT(a)

     2,230,700       7,907  

Japfa Comfeed Indonesia Tbk PT

     262,200       30,951  

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     222,300       21,592  

Sawit Sumbermas Sarana Tbk PT

     216,600       13,437  

Tunas Baru Lampung Tbk PT

     171,000       10,244  
   

 

 

  
      348,904  
Ireland — 0.1%            

Origin Enterprises PLC

     9,348       38,652  
   

 

 

  
Israel — 1.2%            

Israel Chemicals Ltd.

     52,763       247,842  

Israel Corp. Ltd. (The)(a)

     285       58,099  
   

 

 

  
      305,941  
Italy — 3.1%            

CNH Industrial NV

     76,304       818,444  
   

 

 

  
Japan — 7.0%            

Chubu Shiryo Co. Ltd.

     1,900       23,752  

Hokuto Corp.

     1,900       34,266  

Iseki & Co. Ltd.

     1,900       27,968  

Kubota Corp.

     77,900       1,201,116  

Kumiai Chemical Industry Co. Ltd.

     6,200       58,711  

Maruha Nichiro Corp.

     3,300       87,028  

Mitsui Sugar Co. Ltd.

     1,300       27,470  

NH Foods Ltd.

     6,600       276,632  

Nihon Nohyaku Co. Ltd.

     1,900       10,028  

Sakata Seed Corp.

     2,200       70,313  

YAMABIKO Corp.

     2,600       26,781  
   

 

 

  
      1,844,065  
Malaysia — 2.7%            

FGV Holdings Bhd(a)

     119,700       38,118  

Genting Plantations Bhd

     19,000       46,948  

IOI Corp. Bhd

     142,500       148,420  

Kuala Lumpur Kepong Bhd

     32,300       180,506  

Leong Hup International Berhad

     79,800       15,668  

QL Resources Bhd

     49,405       85,762  

Sime Darby Plantation Bhd

     155,800       185,774  
   

 

 

  
      701,196  
Netherlands — 0.5%            

ForFarmers NV

     2,964       18,269  
 

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Global Agriculture Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Netherlands (continued)            

OCI NV(a)

     6,384     $   121,071  
   

 

 

  
      139,340  
Norway — 7.7%            

Austevoll Seafood ASA

     6,802       65,142  

Bakkafrost P/F

     3,097       207,821  

Grieg Seafood ASA

     3,762       57,474  

Leroy Seafood Group ASA

     22,420       141,926  

Mowi ASA

     33,117       822,028  

Norway Royal Salmon ASA

     960       24,997  

Salmar ASA

     4,294       204,685  

Yara International ASA

     13,319       502,557  
   

 

 

  
      2,026,630  
Pakistan — 0.4%            

Engro Corp. Ltd./Pakistan

     23,220       50,550  

Engro Fertilizers Ltd.

     38,467       17,092  

Fauji Fertilizer Co. Ltd.

     40,100       27,476  

Millat Tractors Ltd.

     2,565       12,114  
   

 

 

  
      107,232  
Poland — 0.1%            

Grupa Azoty SA(a)

     3,382       27,827  
   

 

 

  
Russia — 0.4%            

PhosAgro PJSC, GDR(e)

     8,816       108,613  
   

 

 

  
Saudi Arabia — 1.9%            

Almarai Co. JSC

     18,829       247,287  

National Agriculture Development Co.
(The)(a)

     3,002       20,494  

Saudi Arabian Fertilizer Co.

     12,521       244,744  
   

 

 

  
      512,525  
Singapore — 2.3%            

Bumitama Agri Ltd.

     26,600       13,617  

China XLX Fertiliser Ltd.

     38,000       9,903  

First Resources Ltd.(b)

     39,900       52,521  

Golden Agri-Resources Ltd.

     476,900       74,982  

Japfa Ltd.(b)

     30,400       13,005  

Wilmar International Ltd.

     144,400       431,896  
   

 

 

  
      595,924  
South Africa — 0.3%            

Astral Foods Ltd.

     2,888       39,259  

Oceana Group Ltd.

     5,795       24,635  

Tongaat Hulett Ltd.(a)(c)

     10,038       7,695  
   

 

 

  
      71,589  
South Korea — 0.2%            

Dongwon Industries Co. Ltd.

     114       21,427  

Easy Bio Inc.(b)

     2,812       12,142  

Harim Holdings Co. Ltd.

     2,204       14,592  

Namhae Chemical Corp.

     1,862       12,879  
   

 

 

  
      61,040  
Sweden — 0.1%            

Scandi Standard AB

     3,686       28,188  
   

 

 

  
Taiwan — 0.5%            

Charoen Pokphand Enterprise

     13,000       27,738  

Taiwan Fertilizer Co. Ltd.

     57,000       90,608  
   

 

 

  
      118,346  
Thailand — 1.1%            

Charoen Pokphand Foods PCL, NVDR

     292,600       266,286  

GFPT PCL, NVDR

     41,800       17,153  
Security   Shares     Value  
Thailand (continued)            

Khon Kaen Sugar Industry PCL, NVDR

     138,754     $   9,918  
   

 

 

  
      293,357  
United Kingdom — 0.7%            

Cranswick PLC

     3,895       157,695  

Sirius Minerals PLC(a)(b)

     528,105       25,220  
   

 

 

  
      182,915  
United States — 47.6%            

AGCO Corp.

     4,864       380,024  

American Vanguard Corp.

     2,071       33,343  

Archer-Daniels-Midland Co.

     41,971       1,801,815  

Bunge Ltd.

     10,659       568,977  

Cal-Maine Foods Inc.(b)

     2,318       100,903  

CF Industries Holdings Inc.

     16,435       759,461  

Corteva Inc.(a)

     56,411       1,467,814  

Darling Ingredients Inc.(a)

     12,388       294,834  

Deere & Co.

     22,534       3,786,839  

FMC Corp.

     9,823       962,261  

Fresh Del Monte Produce Inc.(b)

     2,337       76,420  

Ingredion Inc.

     5,016       417,181  

Intrepid Potash Inc.(a)

     7,429       16,938  

Lindsay Corp.

     817       73,710  

Mosaic Co. (The)

     27,531       524,466  

Pilgrim’s Pride Corp.(a)

     4,693       147,829  

Sanderson Farms Inc.

     1,501       248,536  

Scotts Miracle-Gro Co. (The)

     3,154       318,806  

Toro Co. (The)

     7,999       625,362  
   

 

 

  
      12,605,519  
   

 

 

  

Total Common Stocks — 98.9%
(Cost: $26,276,478)

       26,159,028  
   

 

 

  

Preferred Stocks

    
Chile — 0.7%            

Sociedad Quimica y Minera de Chile SA, Series B, Preference Shares, NVS

     8,569       202,830  
   

 

 

  

Total Preferred Stocks — 0.7%
(Cost: $255,788)

       202,830  
   

 

 

  

Rights

    
Norway — 0.0%            

Bakkafrost P/F, (Expires 12/05/19)(a)(c)

     88       1,128  
   

 

 

  

Total Rights — 0.0%
(Cost: $0)

       1,128  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 1.1%            

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    1.82%(f)(g)(h)

     257,648       257,751  
 

 

 

2

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Global Agriculture Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Money Market Funds (continued)            

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    1.57%(f)(g)

     25,000     $   25,000  
   

 

 

  
      282,751  
   

 

 

  

Total Short-Term Investments — 1.1%
(Cost: $282,735)

       282,751  
   

 

 

  

Total Investments in Securities — 100.7%
(Cost: $26,815,001)

       26,645,737  

Other Assets, Less Liabilities — (0.7)%

       (187,444 ) 
   

 

 

  

Net Assets — 100.0%

     $   26,458,293  
   

 

 

  

 

(a) 

Non-income producing security.

(b)

All or a portion of this security is on loan.

 

(c)

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(d)

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.

(e)

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

(f) 

Affiliate of the Fund.

(g)

Annualized 7-day yield as of period-end.

(h)

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

      327,331        (69,683 )       257,648      $ 257,751      $ 1,460 (a)     $ (14 )     $ (11 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

      21,000        4,000        25,000        25,000        125        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 282,751      $ 1,585      $ (14 )     $ (11 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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.

 

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

    $ 26,150,730        $ —        $ 8,298        $ 26,159,028  

Preferred Stocks

      202,830          —          —          202,830  

Rights

      —          —          1,128          1,128  

Money Market Funds

      282,751          —          —          282,751  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 26,636,311        $             —        $ 9,426        $ 26,645,737  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations — Equity
GDR    Global Depositary Receipt
NVDR    Non-Voting Depositary Receipt

 

 

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