NPORT-EX 2 iShares_MSCI_Netherlands_ETF.htm iShares MSCI Netherlands ETF

Schedule of Investments  (unaudited) 

November 30, 2019

   

iShares® MSCI Netherlands ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Air Freight & Logistics — 0.2%            

PostNL NV

     178,767     $ 378,448  
   

 

 

  
Banks — 8.2%            

ABN AMRO Bank NV, CVA(a)

     126,857       2,166,626  

ING Groep NV

     1,043,527       12,016,795  

NIBC Holding NV(a)

     13,341       103,704  
   

 

 

  
      14,287,125  
Beverages — 6.5%            

Coca-Cola European Partners PLC

     68,025       3,432,542  

Heineken Holding NV

     18,569       1,781,254  

Heineken NV

     59,192       6,137,531  
   

 

 

  
      11,351,327  
Biotechnology — 0.2%            

Pharming Group NV(b)

     213,303       337,730  
   

 

 

  
Capital Markets — 0.2%            

Flow Traders(a)

     15,235       357,800  
   

 

 

  
Chemicals — 8.0%            

Akzo Nobel NV

     64,717       6,202,349  

Corbion NV

     22,425       694,301  

Koninklijke DSM NV

     51,344       6,583,965  

OCI NV(b)

     31,084       589,499  
   

 

 

  
        14,070,114  
Construction & Engineering — 1.1%            

Arcadis NV

     29,564       601,746  

Boskalis Westminster(c)

     31,013       725,275  

Koninklijke BAM Groep NV

     89,461       244,232  

Koninklijke Volkerwessels NV

     11,360       274,935  
   

 

 

  
      1,846,188  
Diversified Financial Services — 0.0%            

SNS REAAL NV(b)(c)(d)

     68,952       1  
   

 

 

  
Diversified Telecommunication Services — 1.8%  

Koninklijke KPN NV

     1,041,511       3,210,843  
   

 

 

  
Electrical Equipment — 1.3%            

Kendrion NV

     11,107       255,954  

SIF Holding NV

     6,102       78,718  

Signify NV(a)

     39,722       1,185,598  

TKH Group NV

     15,014       778,721  
   

 

 

  
      2,298,991  
Energy Equipment & Services — 0.7%            

Fugro NV, CVA(b)(c)

     33,680       317,064  

SBM Offshore NV

     59,439       1,002,395  
   

 

 

  
      1,319,459  
Equity Real Estate Investment Trusts (REITs) — 0.9%  

Eurocommercial Properties NV

     19,012       547,544  

NSI NV

     9,341       416,095  

Vastned Retail NV

     9,364       284,963  

Wereldhave NV

     17,337       414,813  
   

 

 

  
      1,663,415  
Food & Staples Retailing — 4.4%            

Koninklijke Ahold Delhaize NV

     295,572       7,621,119  
   

 

 

  
Food Products — 0.1%            

ForFarmers NV

     16,963       104,552  
   

 

 

  
Security   Shares     Value  
Health Care Equipment & Supplies — 6.6%            

Koninklijke Philips NV

     249,012     $ 11,571,361  
   

 

 

  
Hotels, Restaurants & Leisure — 0.2%            

Basic-Fit NV(a)(b)

     11,376       410,162  
   

 

 

  
Household Durables — 0.2%            

TomTom NV

     30,284       318,117  
   

 

 

  
Insurance — 4.2%            

Aegon NV

     538,344       2,428,922  

ASR Nederland NV

     41,876       1,557,398  

NN Group NV

     88,640       3,405,070  
   

 

 

  
      7,391,390  
Internet & Direct Marketing Retail — 5.1%  

Prosus NV(b)

     116,393       7,940,083  

Takeaway.com NV(a)(b)

     10,968       986,815  
   

 

 

  
      8,926,898  
IT Services — 2.4%            

Adyen NV(a)(b)

     3,036       2,330,526  

InterXion Holding NV(b)

     22,053       1,875,387  
   

 

 

  
      4,205,913  
Leisure Products — 0.2%            

Accell Group NV

     13,177       373,394  
   

 

 

  
Machinery — 0.8%            

Aalberts NV

     32,256       1,367,492  
   

 

 

  
Media — 0.6%            

Altice Europe NV(b)(c)

     171,207       1,019,751  
   

 

 

  
Metals & Mining — 0.5%            

AMG Advanced Metallurgical Group NV(c)

     11,092       261,234  

Constellium SE(b)

     38,779       548,335  
   

 

 

  
      809,569  
Oil, Gas & Consumable Fuels — 0.7%            

Koninklijke Vopak NV

     23,293       1,242,794  
   

 

 

  
Personal Products — 13.5%            

Unilever NV

     398,109       23,615,784  
   

 

 

  
Professional Services — 4.9%            

Brunel International NV

     18,190       177,097  

Intertrust NV(a)

     25,151       473,100  

Randstad NV

     36,653       2,136,263  

Wolters Kluwer NV

     79,473       5,709,772  
   

 

 

  
      8,496,232  
Semiconductors & Semiconductor Equipment — 24.0%  

ASM International NV

     15,329       1,706,233  

ASML Holding NV

     115,953       31,578,903  

BE Semiconductor Industries NV

     26,999       996,967  

NXP Semiconductors NV

     66,001       7,628,395  
   

 

 

  
        41,910,498  
Trading Companies & Distributors — 2.2%            

AerCap Holdings NV(b)

     38,019       2,349,955  

IMCD NV

     17,121       1,425,260  
   

 

 

  
      3,775,215  
   

 

 

  

Total Common Stocks — 99.7%
(Cost: $169,954,991)

       174,281,682  
   

 

 

  
 

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Netherlands ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 1.4%            

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

     2,305,427     $ 2,306,349  

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

     69,000       69,000  
   

 

 

  
      2,375,349  
   

 

 

  

Total Short-Term Investments — 1.4%
(Cost: $2,375,270)

       2,375,349  
   

 

 

  

Total Investments in Securities — 101.1%
(Cost: $172,330,261)

       176,657,031  

Other Assets, Less Liabilities — (1.1)%

       (1,906,038 ) 
   

 

 

  

Net Assets — 100.0%

     $   174,750,993  
   

 

 

  

 

(a) 

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.

(b) 

Non-income producing security.

(c) 

All or a portion of this security is on loan.

(d) 

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

(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

      2,182,420        123,007        2,305,427      $ 2,306,349      $ 8,227 (a)     $ 16      $ (143 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

      102,000        (33,000 )       69,000        69,000        336        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 2,375,349      $ 8,563      $ 16      $ (143 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

            

Euro STOXX 50 Index

      11        12/20/19      $ 449      $ 11,326  
           

 

 

  

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.

 

 

2

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Netherlands 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

    $ 174,281,681        $ —        $ 1        $ 174,281,682  

Money Market Funds

      2,375,349          —          —          2,375,349  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 176,657,030        $ —        $ 1        $ 176,657,031  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                  

Assets

                  

Futures Contracts

    $ 11,326        $ —        $ —        $ 11,326  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

 

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