NPORT-EX 2 iShares_MSCI_Spain_ETF.htm iShares MSCI Spain ETF

Schedule of Investments  (unaudited) 

November 30, 2019

   

iShares® MSCI Spain ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Banks — 31.7%            

Banco Bilbao Vizcaya Argentaria SA

     13,941,544     $ 73,500,979  

Banco de Sabadell SA

     20,165,613       22,390,252  

Banco Santander SA

     36,460,542       142,192,363  

Bankia SA

     6,104,306       11,835,777  

Bankinter SA

     2,537,339       17,759,613  

CaixaBank SA

     10,823,305       31,970,594  
   

 

 

  
      299,649,578  
Biotechnology — 3.4%            

Grifols SA

     943,385       32,255,875  
   

 

 

  
Construction & Engineering — 7.9%            

ACS Actividades de Construccion y Servicios SA

     823,956       32,097,097  

Ferrovial SA

     1,400,682       41,621,373  

Ferrovial SA, New(a)

     21,484       638,409  
   

 

 

  
      74,356,879  
Diversified Telecommunication Services — 11.4%  

Cellnex Telecom SA(b)

     769,010       33,068,514  

Telefonica SA

     9,760,159       74,814,323  
   

 

 

  
      107,882,837  
Electric Utilities — 19.8%            

Endesa SA

     1,062,131       28,902,894  

Iberdrola SA

     13,183,341       129,777,008  

Red Electrica Corp. SA

     1,430,854       28,003,465  
   

 

 

  
        186,683,367  
Electrical Equipment — 1.9%            

Siemens Gamesa Renewable Energy SA

     1,105,691       17,659,173  
   

 

 

  
Gas Utilities — 4.8%            

Enagas SA

     762,565       19,010,587  

Naturgy Energy Group SA

     1,011,887       26,330,682  
   

 

 

  
      45,341,269  
Insurance — 1.6%            

Mapfre SA

     5,454,707       15,390,751  
   

 

 

  
Security   Shares     Value  
IT Services — 4.4%            

Amadeus IT Group SA

     525,268     $ 41,873,314  
   

 

 

  
Oil, Gas & Consumable Fuels — 4.4%            

Repsol SA

     2,620,294       41,285,766  
   

 

 

  
Specialty Retail — 4.5%            

Industria de Diseno Textil SA

     1,365,225       42,539,706  
   

 

 

  
Transportation Infrastructure — 4.0%            

Aena SME SA(b)

     202,652       37,248,139  
   

 

 

  

Total Common Stocks — 99.8%
(Cost: $1,223,730,710)

       942,166,654  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.1%            

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

     624,000       624,000  
   

 

 

  

Total Short-Term Investments — 0.1%
(Cost: $624,000)

 

     624,000  
   

 

 

  

Total Investments in Securities — 99.9%
(Cost: $1,224,354,710)

 

     942,790,654  

Other Assets, Less Liabilities — 0.1%

       1,378,198  
   

 

 

  

Net Assets — 100.0%

     $   944,168,852  
   

 

 

  

 

(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) 

Affiliate of the Fund.

(d) 

Annualized 7-day yield as of period-end.

 

 

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

      —        —        —      $ —      $ 1,303 (a)     $ —      $ —  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      419,000        205,000        624,000        624,000        2,147        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 624,000      $ 3,450      $ —      $ —  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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.

 

 

 

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Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI Spain ETF

 

Futures Contracts

 

Description    Number of
Contracts		      Expiration
Date		      Notional
Amount
(000)		     

Value/

Unrealized
Appreciation
(Depreciation)

  

Long Contracts

            

IBEX 35 Index

      16        12/20/19      $ 1,645      $ (6,268 ) 
           

 

 

  

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

    $ 941,528,245        $ 638,409        $ —        $ 942,166,654  

Money Market Funds

      624,000          —          —          624,000  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 942,152,245        $ 638,409        $ —        $ 942,790,654  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                  

Liabilities

                  

Futures Contracts

    $ (6,268 )       $ —        $ —        $ (6,268 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

 

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