NPORT-EX 2 iSharesMSCIFrontier100ETF.htm iShares MSCI Frontier 100 ETF

Schedule of Investments  (unaudited) 

November 30, 2019

   

iShares® MSCI Frontier 100 ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Bahrain — 8.1%            

Ahli United Bank BSC

     33,701,640     $ 30,839,552  

Aluminium Bahrain BSC(a)

     987,477       1,102,580  

Bahrain Telecommunications Co. BSC

     3,011,528       3,090,999  

GFH Financial Group BSC

     17,597,471       4,263,847  

Ithmaar Holding BSC(a)(b)

     7,341,331       538,880  
   

 

 

  
      39,835,858  
Bangladesh — 5.8%            

Bangladesh Export Import Co. Ltd.

     5,197,394       942,200  

Beximco Pharmaceuticals Ltd.

     2,589,856       2,445,043  

BRAC Bank Ltd.(a)

     5,157,920       3,521,593  

City Bank Ltd. (The)

     4,881,298       1,287,123  

GrameenPhone Ltd.

     824,985       3,090,173  

Islami Bank Bangladesh Ltd.

     2,865,402       620,640  

LafargeHolcim Bangladesh Ltd.

     3,262,335       1,478,516  

National Bank Ltd.(a)

     14,058,413       1,357,022  

Olympic Industries Ltd.

     1,066,833       2,300,692  

Square Pharmaceuticals Ltd.

     4,171,259       10,228,055  

Summit Power Ltd.

     3,135,146       1,380,276  
   

 

 

  
      28,651,333  
Jordan — 1.7%            

Arab Bank PLC

     580,644       4,668,083  

Jordan Islamic Bank

     360,200       1,381,867  

Jordan Petroleum Refinery Co.

     522,854       2,374,598  
   

 

 

  
      8,424,548  
Kazakhstan — 2.9%            

Halyk Savings Bank of Kazakhstan JSC, GDR(c)

     712,412       9,510,700  

KCell JSC(c)(d)

     259,058       1,450,725  

NAC Kazatomprom JSC, GDR

     270,817       3,588,325  
   

 

 

  
      14,549,750  
Kenya — 9.4%            

East African Breweries Ltd.

     2,821,342       5,392,326  

Equity Group Holdings PLC/Kenya

     19,897,900       9,895,591  

KCB Group Ltd.

     17,343,436       8,456,088  

Safaricom PLC

     80,284,494       22,899,283  
   

 

 

  
      46,643,288  
Kuwait — 27.3%            

Agility Public Warehousing Co. KSC

     2,780,888       7,002,565  

ALAFCO Aviation Lease & Finance Co. KSCP

     520,690       443,906  

Alimtiaz Investment Group KSC

     2,284,498       947,488  

Boubyan Bank KSCP

     2,501,141       4,775,055  

Boubyan Petrochemicals Co. KSCP

     1,145,011       2,713,654  

Burgan Bank SAK

     2,227,509       2,272,968  

Gulf Bank KSCP

     4,318,690       3,923,497  

Humansoft Holding Co. KSC

     263,918       2,646,999  

Integrated Holding Co. KCSC

     436,494       712,643  

Jazeera Airways Co. KSC

     272,398       977,333  

Kuwait Finance House KSCP

     10,980,272       26,348,316  

Kuwait International Bank KSCP

     1,558,581       1,380,047  

Kuwait Projects Co. Holding KSCP

     1,975,822       1,417,805  

Mabanee Co. SAK

     1,505,665       4,187,910  

Mezzan Holding Co. KSCC

     332,559       602,065  

Mobile Telecommunications Co. KSC

     6,235,692       12,048,556  

National Bank of Kuwait SAKP

     17,331,648       57,677,077  

National Industries Group Holding SAK

     2,894,675       2,201,020  

National Real Estate Co. KPSC(a)

     2,230,738       595,500  

Warba Bank KSCP(a)

     2,220,960       2,032,347  
   

 

 

  
        134,906,751  
Security   Shares     Value  
Mauritius — 0.4%            

Lighthouse Capital Ltd.

     3,255,195     $ 1,966,046  

Lighthouse Capital Ltd., New

     895,201       61,094  
   

 

 

  
      2,027,140  
Morocco — 10.7%            

Attijariwafa Bank

     294,220       14,774,209  

Banque Centrale Populaire

     157,113       4,457,106  

Cosumar

     202,922       4,540,192  

Douja Promotion Groupe Addoha SA(a)

     224,654       188,636  

Label Vie

     6,334       1,934,597  

Maroc Telecom

     1,469,341       22,804,185  

Societe d’Exploitation des Ports

     156,342       3,075,527  

TOTAL Maroc SA

     9,528       1,075,273  
   

 

 

  
      52,849,725  
Nigeria — 8.5%            

Access Bank PLC

     124,533,699       3,176,004  

Afriland Properties PLC(a)

     8,020       44  

Dangote Cement PLC

     17,909,699       7,051,296  

FBN Holdings PLC

     125,400,906       2,316,477  

Guaranty Trust Bank PLC

     102,774,237       8,628,275  

MTN Nigeria Communications PLC

     17,243,926       5,705,186  

Nestle Nigeria PLC

     1,941,835       7,227,674  

United Bank for Africa PLC

     119,610,221       2,324,930  

Zenith Bank PLC

     109,573,675       5,619,163  
   

 

 

  
      42,049,049  
Oman — 2.4%            

Bank Muscat SAOG

     5,352,583       6,172,047  

Bank Nizwa SAOG(a)

     4,226,735       1,020,871  

Oman Telecommunications Co. SAOG

     1,343,567       2,121,513  

Ooredoo

     1,252,531       1,717,534  

Sohar International Bank SAOG

     2,784,281       802,637  
   

 

 

  
      11,834,602  
Romania — 8.4%            

Banca Transilvania SA

     27,420,448       16,115,734  

BRD-Groupe Societe Generale SA

     1,473,589       5,196,407  

OMV Petrom SA

     79,786,799       8,118,899  

Societatea Energetica Electrica SA

     999,929       2,592,729  

Societatea Energetica Electrica SA, New

     1,022,991       501  

Societatea Nationala de Gaze Naturale ROMGAZ SA

     816,312       7,130,677  

Transgaz SA Medias

     30,313       2,581,539  
   

 

 

  
      41,736,486  
Sri Lanka — 1.4%            

John Keells Holdings PLC

     5,591,128       5,222,610  

Sampath Bank PLC

     1,626,925       1,566,452  
   

 

 

  
      6,789,062  
Vietnam — 12.3%            

Bank for Foreign Trade of Vietnam JSC

     638,555       2,349,816  

Bank for Investment and Development of Vietnam JSC

     483,450       844,682  

Bao Viet Holdings

     151,320       458,921  

FLC Faros Construction JSC(a)

     474,532       497,460  

Ho Chi Minh City Development Joint Stock Commercial Bank(a)

     365,180       417,484  

Hoa Phat Group JSC(a)

     3,822,542       3,768,123  

Hoang Huy Investment Financial Services JSC

     480,620       594,036  

Kinh Bac City Development Share Holding Corp.

     702,300       465,069  

Masan Group Corp.(a)

     1,179,950         3,563,266  

No Va Land Investment Group Corp.(a)

     675,299       1,654,745  

PetroVietnam Drilling & Well Services JSC(a)

     541,600       360,989  

PetroVietnam Gas JSC

     169,070       733,026  
 

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Frontier 100 ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Vietnam (continued)            

PetroVietnam Power Corp.(a)

     1,347,640     $ 744,167  

PetroVietnam Technical Services Corp.

     624,898       469,078  

Saigon Beer Alcohol Beverage Corp.

     188,010       1,833,057  

Saigon Thuong Tin Commercial JSB(a)

     1,066,229       464,578  

SSI Securities Corp.

     919,320       785,269  

Thanh Thanh Cong — Bien Hoa JSC

     601,538       485,279  

Viet Capital Securities JSC

     335,890       488,330  

Vietjet Aviation JSC

     468,200       2,926,755  

Vietnam Dairy Products JSC

     1,760,338       9,226,966  

Vietnam Electrical Equipment JSC(a)

     686,821       597,042  

Vietnam National Petroleum Group

     227,910       566,334  

Viglacera Corp. JSC(a)

     636,940       504,221  

Vincom Retail JSC

     2,681,747       3,985,599  

Vingroup JSC(a)

     2,391,188       11,935,308  

Vinh Hoan Corp.

     133,760       439,134  

Vinhomes JSC(e)

     2,392,285       9,484,512  
   

 

 

  
      60,643,246  
   

 

 

  

Total Common Stocks — 99.3%
(Cost: $410,287,097)

       490,940,838  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.0%            

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

     5,946       5,949  
   

 

 

  

Total Short-Term Investments — 0.0%
(Cost: $5,947)

       5,949  
   

 

 

  

Total Investments in Securities — 99.3%
(Cost: $410,293,044)

       490,946,787  

Other Assets, Less Liabilities — 0.7%

       3,507,448  
   

 

 

  

Net Assets — 100.0%

     $   494,454,235  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

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

(c) 

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

(d) 

All or a portion of this security is on loan.

(e) 

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.

(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

      5,535        411        5,946      $ 5,949      $ 127 (a)     $ —      $ (1 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

      —        —        —        —        2,708        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 5,949      $ 2,835      $ —      $ (1 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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.

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Frontier 100 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

    $ 490,401,413        $ 545        $ 538,880        $ 490,940,838  

Money Market Funds

      5,949          —          —          5,949  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 490,407,362        $ 545        $ 538,880        $ 490,946,787  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations — Equity
GDR    Global Depositary Receipt

 

 

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