NPORT-EX 2 NPORT_11629709654204644.htm iShares MSCI Canada ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 0.3%            

CAE Inc.

     438,079     $ 6,548,048  
   

 

 

  
Airlines — 0.1%            

Air Canada(a)

    232,480       2,674,311  
   

 

 

  
Auto Components — 1.0%            

Magna International Inc.

     464,177       19,497,986  
   

 

 

  
Banks — 23.4%            

Bank of Montreal(b)

    1,010,594       49,659,633  

Bank of Nova Scotia (The)

     1,898,793       75,789,618  

Canadian Imperial Bank of Commerce

     705,514       45,065,715  

National Bank of Canada

     534,533       23,188,105  

Royal Bank of Canada

     2,256,405       145,828,866  

Toronto-Dominion Bank (The)

     2,851,605       121,681,133  
   

 

 

  
      461,213,070  
Capital Markets — 3.9%            

Brookfield Asset Management Inc., Class A

     2,103,157       65,778,814  

CI Financial Corp.

     374,605       4,423,060  

IGM Financial Inc.

     148,868       3,521,910  

TMX Group Ltd.

     24,280       2,424,311  
   

 

 

  
      76,148,095  
Chemicals — 1.6%            

Nutrien Ltd.

     910,536       30,961,650  
   

 

 

  
Commercial Services & Supplies — 0.1%            

Ritchie Bros Auctioneers Inc.

     37,281       1,607,274  
   

 

 

  
Construction & Engineering — 0.6%            

WSP Global Inc.

     171,440       11,021,674  
   

 

 

  
Containers & Packaging — 0.4%            

CCL Industries Inc., Class B, NVS

     246,043       8,257,803  
   

 

 

  
Diversified Financial Services — 0.3%            

Onex Corp.

     141,717       6,624,465  
   

 

 

  
Diversified Telecommunication Services — 1.1%  

BCE Inc.

     248,565       10,291,835  

TELUS Corp.

     642,044       11,083,179  
   

 

 

  
      21,375,014  
Electric Utilities — 2.7%            

Emera Inc.

     387,241       15,336,111  

Fortis Inc.

     698,700       26,796,474  

Hydro One Ltd.(c)

    531,624       10,261,705  
   

 

 

  
      52,394,290  
Equity Real Estate Investment Trusts (REITs) — 0.6%  

Canadian Apartment Properties REIT

     139,946       4,752,615  

First Capital Real Estate Investment Trust

     204,100       1,932,911  

RioCan REIT

     273,426       2,880,251  

SmartCentres Real Estate Investment Trust

     137,349       1,997,334  
   

 

 

  
      11,563,111  
Food & Staples Retailing — 4.5%            

Alimentation Couche-Tard Inc., Class B

     1,374,268       42,852,663  

Empire Co. Ltd., Class A, NVS

     287,726       6,486,429  

George Weston Ltd.

     125,121       9,003,425  

Loblaw Companies Ltd.

     293,184       14,457,692  

Metro Inc.

     408,045       16,951,197  
   

 

 

  
      89,751,406  
Security   Shares     Value  
Food Products — 0.5%            

Saputo Inc.

     396,571     $ 9,706,263  
   

 

 

  
Gas Utilities — 0.3%            

AltaGas Ltd.

     472,400       5,051,420  
   

 

 

  
Hotels, Restaurants & Leisure — 1.2%            

Restaurant Brands International Inc.

     453,202       24,663,475  
   

 

 

  
Insurance — 6.6%            

Fairfax Financial Holdings Ltd.

     43,006       11,900,235  

Great-West Lifeco Inc.

     456,182       7,399,508  

iA Financial Corp. Inc.

     178,285       5,671,532  

Intact Financial Corp.

     221,457       21,059,404  

Manulife Financial Corp.

     3,090,364       38,232,690  

Power Corp. of Canada

     911,767       14,782,737  

Sun Life Financial Inc.

     933,575       31,900,410  
   

 

 

  
      130,946,516  
IT Services — 7.5%            

CGI Inc.(a)

    382,586       24,352,421  

Shopify Inc., Class A(a)

    163,391       123,526,764  
   

 

 

  
      147,879,185  
Media — 1.0%            

Quebecor Inc., Class B

     294,072       6,440,138  

Shaw Communications Inc., Class B, NVS

     756,618       12,716,131  
   

 

 

  
      19,156,269  
Metals & Mining — 11.2%            

Agnico Eagle Mines Ltd.

     381,020       24,283,064  

B2Gold Corp.

     529,343       2,906,753  

Barrick Gold Corp.

     2,806,866       67,237,255  

First Quantum Minerals Ltd.

     1,148,528       6,705,702  

Franco-Nevada Corp.

     299,030       41,810,547  

Kinross Gold Corp.(a)

    2,037,446       13,192,839  

Kirkland Lake Gold Ltd.

     439,691       16,875,711  

Lundin Mining Corp.

     1,124,387       5,157,440  

Pan American Silver Corp.

     104,136       3,050,547  

Teck Resources Ltd., Class B

     814,078       7,703,762  

Wheaton Precious Metals Corp.

     710,785       30,504,823  

Yamana Gold Inc.

     385,768       2,079,273  
   

 

 

  
      221,507,716  
Multi-Utilities — 1.0%            

Algonquin Power & Utilities Corp.

     837,096       11,676,466  

Atco Ltd., Class I, NVS

     132,341       3,715,927  

Canadian Utilities Ltd., Class A, NVS

     218,222       5,216,361  
   

 

 

  
      20,608,754  
Multiline Retail — 1.2%            

Canadian Tire Corp. Ltd., Class A, NVS(b)

    96,294       8,194,256  

Dollarama Inc.

     481,347       16,256,170  
   

 

 

  
      24,450,426  
Oil, Gas & Consumable Fuels — 14.8%            

Cameco Corp.

     663,231       7,178,365  

Canadian Natural Resources Ltd.

     1,886,153       34,319,742  

Cenovus Energy Inc.

     1,771,662       7,690,618  

Enbridge Inc.

     2,679,796       86,819,031  

Imperial Oil Ltd.

     441,826       6,875,761  

Inter Pipeline Ltd.

     704,309       6,425,508  

Keyera Corp.

     367,869       5,807,337  

Parkland Corp./Canada

     249,096       6,978,004  

Pembina Pipeline Corp.

     879,432       21,887,181  

Suncor Energy Inc.

     2,436,889       41,731,416  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Oil, Gas & Consumable Fuels (continued)        

TC Energy Corp.

     1,474,331     $ 66,185,963  
   

 

 

  
      291,898,926  
Pharmaceuticals — 0.9%        

Bausch Health Companies Inc.(a)

    516,521       9,476,901  

Canopy Growth Corp.(a)(b)

    354,293       6,205,638  

Cronos Group Inc.(a)(b)

    361,816       2,363,767  
   

 

 

  
      18,046,306  
Professional Services — 1.1%        

Thomson Reuters Corp.

     317,942       21,213,002  
   

 

 

  
Road & Rail — 7.2%        

Canadian National Railway Co.

     1,033,246       88,657,919  

Canadian Pacific Railway Ltd.

     216,971       54,172,111  
   

 

 

  
      142,830,030  
Software — 3.0%        

BlackBerry Ltd.(a)(b)

    904,825       4,189,611  

Constellation Software Inc.

     31,899       36,120,736  

Open Text Corp.

     434,360       17,975,251  
   

 

 

  
      58,285,598  
Textiles, Apparel & Luxury Goods — 0.2%        

Gildan Activewear Inc.(b)

    343,486       4,746,479  
   

 

 

  
Wireless Telecommunication Services — 1.2%        

Rogers Communications Inc., Class B, NVS

     574,039       23,963,283  
   

 

 

  

Total Common Stocks — 99.5%
(Cost: $2,538,101,121)

 

       1,964,591,845  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

 

Money Market Funds — 0.9%

 

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    0.69%(d)(e)(f)

    16,633,173     $ 16,658,123  

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    0.16%(d)(e)

    435,000       435,000  
   

 

 

  
          17,093,123  
   

 

 

  

Total Short-Term Investments — 0.9%
(Cost: $17,062,880)

 

     17,093,123  
   

 

 

  

Total Investments in Securities — 100.4%
(Cost: $2,555,164,001)

 

     1,981,684,968  

Other Assets, Less Liabilities — (0.4)%

 

     (7,980,983 ) 
   

 

 

  

Net Assets — 100.0%

 

   $   1,973,703,985  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

All or a portion of this security is on loan.

(c) 

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.

(d) 

Affiliate of the Fund.

(e) 

Annualized 7-day yield as of period-end.

(f) 

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 period ended May 31, 2020, 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
05/31/20

      Value at
05/31/20		      Income      Net Realized
Gain (Loss)(a)		      Change in
Unrealized
Appreciation
(Depreciation)		  

BlackRock Cash Funds: Institutional,
SL Agency Shares

      52,307,444        (35,674,271 )       16,633,173      $ 16,658,123      $ 1,713,950 (b)     $ 7,898      $ 18,423  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      986,000        (551,000 )       435,000        435,000        13,434        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 17,093,123      $ 1,727,384      $ 7,898      $ 18,423  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Includes realized capital gain distributions from an affiliated fund, if any.

 
  (b) 

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

            

S&P/TSX 60 Index

      84        06/18/20      $ 11,130      $ 740,953  
           

 

 

  

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)

May 31, 2020

   

iShares® MSCI Canada ETF

 

Fair Value Measurements (continued)

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of May 31, 2020. 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

    $ 1,964,591,845        $ —        $ —        $ 1,964,591,845  

Money Market Funds

      17,093,123          —          —          17,093,123  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 1,981,684,968        $ —        $ —        $ 1,981,684,968  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 740,953        $ —        $ —        $ 740,953  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

 

     3