NPORT-EX 2 iShares_MSCI_Taiwan_ETF.htm iShares MSCI Taiwan ETF

Schedule of Investments  (unaudited) 

November 30, 2019

   

iShares® MSCI Taiwan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

 

  

Common Stocks

    
Airlines — 0.5%            

China Airlines Ltd.

     28,350,761     $ 8,372,211  

Eva Airways Corp.

     20,843,101       9,564,033  
   

 

 

  
      17,936,244  
Auto Components — 0.5%            

Cheng Shin Rubber Industry Co. Ltd.

     12,509,670       17,056,498  
   

 

 

  
Banks — 12.4%            

Chang Hwa Commercial Bank Ltd.

     32,863,576       24,719,984  

CTBC Financial Holding Co. Ltd.

     96,860,325       69,366,221  

E.Sun Financial Holding Co. Ltd.

     56,764,826       50,326,561  

First Financial Holding Co. Ltd.

     53,947,013       40,578,947  

Hua Nan Financial Holdings Co. Ltd.

     45,202,103       32,149,117  

Mega Financial Holding Co. Ltd.

     57,615,271       57,217,768  

Shanghai Commercial & Savings Bank Ltd. (The)(a)

     19,122,306       31,274,580  

SinoPac Financial Holdings Co. Ltd.

     62,625,724       26,375,856  

Taishin Financial Holding Co. Ltd.

     57,615,660       26,909,528  

Taiwan Business Bank

     40,080,950       16,420,966  

Taiwan Cooperative Financial Holding Co. Ltd.

     50,649,400       34,446,340  
   

 

 

  
        409,785,868  
Capital Markets — 1.1%            

Yuanta Financial Holding Co. Ltd.

     55,929,248       36,204,017  
   

 

 

  
Chemicals — 5.9%            

Formosa Chemicals & Fibre Corp.(a)

     19,189,610       54,907,424  

Formosa Plastics Corp.

     23,380,518       74,485,385  

Nan Ya Plastics Corp.(a)

     27,539,938       64,538,620  
   

 

 

  
      193,931,429  
Communications Equipment — 0.5%  

Accton Technology Corp.

     3,288,000       17,134,822  
   

 

 

  
Construction Materials — 1.8%            

Asia Cement Corp.(a)

     14,179,136       21,121,965  

Taiwan Cement Corp.

     27,539,139       37,368,131  
   

 

 

  
      58,490,096  
Diversified Financial Services — 0.9%            

Chailease Holding Co. Ltd.

     6,881,863       30,788,558  
   

 

 

  
Diversified Telecommunication Services — 2.3%  

Chunghwa Telecom Co. Ltd.

     20,040,648       74,223,406  
   

 

 

  
Electrical Equipment — 0.0%            

Ya Hsin Industrial Co. Ltd.(b)(c)

     6,845,461       2  
   

 

 

  
Electronic Equipment, Instruments & Components — 13.3%  

AU Optronics Corp.(a)

     60,923,830       17,532,037  

Delta Electronics Inc.(a)

     10,942,180       50,209,115  

Foxconn Technology Co. Ltd.

     6,664,499       14,547,636  

Hon Hai Precision Industry Co. Ltd.

     66,800,002       193,762,809  

Innolux Corp.(a)

     62,585,873       16,205,188  

Largan Precision Co. Ltd.

     503,794       73,231,392  

Pacific Electric Wire & Cable Co. Ltd.(b)(c)

     197       0 (d) 

Synnex Technology International Corp.

     10,839,364       13,091,577  

Walsin Technology Corp.(a)

     2,489,000       13,868,340  

WPG Holdings Ltd.(a)

     10,839,604       13,482,669  

Yageo Corp.(a)

     1,670,125       18,063,986  

Zhen Ding Technology Holding Ltd.

     3,348,072       14,759,368  
   

 

 

  
      438,754,117  
Food & Staples Retailing — 1.0%  

President Chain Store Corp.

     3,340,215       33,445,394  
   

 

 

  
Security   Shares     Value  
Food Products — 2.1%            

Standard Foods Corp.

     4,175,056     $ 9,072,490  

Uni-President Enterprises Corp.

     25,050,189       59,525,039  
   

 

 

  
      68,597,529  
Household Durables — 0.7%            

Nien Made Enterprise Co. Ltd.

     1,258,000       11,544,878  

Tatung Co. Ltd.(a)(c)

     16,676,000       12,051,779  
   

 

 

  
      23,596,657  
Industrial Conglomerates — 0.6%  

Far Eastern New Century Corp.

     20,024,843       19,525,707  
   

 

 

  
Insurance — 5.3%            

Cathay Financial Holding Co. Ltd.

     45,066,315       61,594,053  

China Development Financial Holding Corp.

     77,655,508       24,713,950  

China Life Insurance Co. Ltd./Taiwan(c)

     18,346,479       15,243,383  

Fubon Financial Holding Co. Ltd.

     35,889,515       52,698,260  

Shin Kong Financial Holding Co. Ltd.(a)

     65,098,049       21,442,959  
   

 

 

  
      175,692,605  
Leisure Products — 0.6%            

Giant Manufacturing Co. Ltd.

     2,505,590       18,149,011  
   

 

 

  
Machinery — 0.8%            

Airtac International Group

     835,000       12,069,124  

Hiwin Technologies Corp.(a)

     1,567,339       13,382,010  
   

 

 

  
      25,451,134  
Marine — 0.3%            

Evergreen Marine Corp. Taiwan Ltd.(c)

     23,332,533       9,482,749  
   

 

 

  
Metals & Mining — 1.6%            

China Steel Corp.(a)

     66,800,977       51,232,948  
   

 

 

  
Oil, Gas & Consumable Fuels — 0.7%  

Formosa Petrochemical Corp.

     7,499,950       23,598,276  
   

 

 

  
Real Estate Management & Development — 0.6%  

Highwealth Construction Corp.(a)

     6,680,790       10,192,910  

Ruentex Development Co. Ltd.

     5,829,076       8,711,947  
   

 

 

  
      18,904,857  
Semiconductors & Semiconductor Equipment — 33.1%  

ASE Technology Holding Co. Ltd.(a)

     19,205,432       47,587,901  

Globalwafers Co. Ltd.(a)

     1,380,000       14,971,239  

MediaTek Inc.

     7,773,175       107,385,761  

Nanya Technology Corp.

     8,334,000       19,448,413  

Novatek Microelectronics Corp.(a)

     3,340,544       24,470,644  

Phison Electronics Corp.

     982,698       9,163,324  

Powertech Technology Inc.

     5,010,036       15,451,874  

Realtek Semiconductor Corp.(a)

     2,903,063       21,931,991  

Taiwan Semiconductor Manufacturing Co. Ltd.

     74,371,882       743,462,874  

United Microelectronics Corp.(a)

     68,470,501       33,550,220  

Vanguard International Semiconductor Corp.(a)

     6,664,000       15,638,629  

Win Semiconductors Corp.

     2,505,000       24,836,122  

Winbond Electronics Corp.

     23,364,000       13,362,672  
   

 

 

  
        1,091,261,664  
Specialty Retail — 1.0%            

Hotai Motor Co. Ltd.

     1,670,000       32,676,947  
   

 

 

  
Technology Hardware, Storage & Peripherals — 8.0%  

Acer Inc.(a)

     21,686,737       12,758,785  

Advantech Co. Ltd.

     2,285,614       22,436,256  

Asustek Computer Inc.

     4,175,857       31,547,665  

Catcher Technology Co. Ltd.

     3,517,743       28,766,388  
 

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Taiwan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Technology Hardware, Storage & Peripherals (continued)  

Chicony Electronics Co. Ltd.

     4,994,405     $ 14,486,975  

Compal Electronics Inc.(a)

     26,704,554       16,454,847  

Inventec Corp.

     18,354,868       13,746,374  

Lite-On Technology Corp.

     13,344,071       21,168,222  

Micro-Star International Co. Ltd.

     5,010,000       13,776,864  

Pegatron Corp.(a)

     11,690,037       26,054,064  

Quanta Computer Inc.

     15,849,240       31,323,943  

Wistron Corp.

     19,205,921       17,436,752  

Wiwynn Corp.

     819,000       14,844,299  
   

 

 

  
        264,801,434  
Textiles, Apparel & Luxury Goods — 2.1%  

Eclat Textile Co. Ltd.

     1,227,601       15,933,203  

Feng TAY Enterprise Co. Ltd.

     2,505,623       15,685,551  

Formosa Taffeta Co. Ltd.

     8,314,515       9,265,450  

Pou Chen Corp.

     14,171,103       18,462,541  

Ruentex Industries Ltd.

     3,340,157       8,287,307  
   

 

 

  
      67,634,052  
Transportation Infrastructure — 0.5%  

Taiwan High Speed Rail Corp.

     13,360,000       15,741,859  
   

 

 

  
Wireless Telecommunication Services — 1.7%  

Far EasTone Telecommunications Co. Ltd.

     9,185,259       22,006,930  

Taiwan Mobile Co. Ltd.

     9,185,609       34,471,812  
   

 

 

  
      56,478,742  
   

 

 

  

Total Common Stocks — 99.9%
(Cost: $1,564,668,475)

 

     3,290,576,622  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 4.0%            

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

     130,189,794     $ 130,241,870  
   

 

 

  

Total Short-Term Investments — 4.0%
(Cost: $130,209,525)

 

     130,241,870  
   

 

 

  

Total Investments in Securities — 103.9%
(Cost: $1,694,878,000)

 

     3,420,818,492  

Other Assets, Less Liabilities — (3.9)%

 

     (127,350,352 ) 
   

 

 

  

Net Assets — 100.0%

     $   3,293,468,140  
   

 

 

  

 

(a) 

All or a portion of this security is on loan.

(b) 

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

(c) 

Non-income producing security.

(d) 

Rounds to less than $1.

(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 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

      155,033,037        (24,843,243 )       130,189,794      $ 130,241,870      $ 805,938 (a)     $ (4,644 )     $ (8,582 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

      14,551,000        (14,551,000 )       —        —        31,981        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 130,241,870      $ 837,919      $ (4,644 )     $ (8,582 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

    $ 3,290,576,620        $ —        $ 2        $ 3,290,576,622  

Money Market Funds

      130,241,870          —          —          130,241,870  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 3,420,818,490        $ —        $ 2        $ 3,420,818,492  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

 

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