NPORT-EX 2 NPORT_11634333410337397.htm iShares MSCI Global Metals & Mining Producers ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Australia — 29.6%            

Alumina Ltd.

     756,279     $ 745,497  

BHP Group Ltd.

     900,864       20,714,494  

BHP Group PLC

     645,507       12,618,616  

BlueScope Steel Ltd.

     154,683       1,132,544  

Champion Iron Ltd.(a)

    91,006       169,147  

Fortescue Metals Group Ltd.

     517,446       4,774,381  

IGO Ltd.

     163,251       543,997  

Iluka Resources Ltd.

     128,979       703,766  

Jupiter Mines Ltd.

     357,102       66,372  

Lynas Corp. Ltd.(a)

    212,823       291,020  

Mineral Resources Ltd.

     48,807       609,408  

Mount Gibson Iron Ltd.

     122,859       55,456  

Orocobre Ltd.(a)(b)

    63,495       99,048  

OZ Minerals Ltd.

     99,297       620,904  

Perenti Global Ltd.

     175,032       138,262  

Pilbara Minerals Ltd.(a)(b)

    509,031       87,853  

Rio Tinto Ltd.

     113,526       7,038,489  

Sandfire Resources Ltd.

     51,255       149,021  

Sims Ltd.

     53,397       275,761  

South32 Ltd.

     1,500,318       1,902,190  

Western Areas Ltd.

     84,762       128,284  
   

 

 

  
      52,864,510  
Austria — 0.4%            

voestalpine AG

     35,649       695,335  
   

 

 

  
Belgium — 0.1%            

Bekaert SA

     11,628       249,116  
   

 

 

  
Brazil — 6.2%            

Cia. Siderurgica Nacional SA

     214,200       407,016  

Vale SA

     1,094,039       10,676,302  
   

 

 

  
      11,083,318  
Canada — 2.9%            

Altius Minerals Corp.

     11,934       88,068  

ERO Copper Corp.(a)(b)

    19,737       228,899  

First Quantum Minerals Ltd.

     179,469       1,047,833  

Hudbay Minerals Inc.

     70,839       191,678  

Ivanhoe Mines Ltd., Class A(a)

    183,753       405,474  

Labrador Iron Ore Royalty Corp.

     19,431       315,040  

Largo Resources Ltd.(a)

    89,964       58,579  

Lithium Americas Corp.(a)(b)

    14,841       60,880  

Lundin Mining Corp.

     203,031       931,281  

Stelco Holdings Inc.(b)

    10,863       56,429  

Teck Resources Ltd., Class B

     148,257       1,402,982  

Turquoise Hill Resources Ltd.(a)

    306,459       228,370  

Wallbridge Mining Co. Ltd.(a)

    115,668       112,973  
   

 

 

  
      5,128,486  
Chile — 0.1%            

CAP SA

     20,655       133,519  
   

 

 

  
China — 2.0%            

Aluminum Corp. of China Ltd., Class A(a)

    244,800       95,676  

Aluminum Corp. of China Ltd., Class H(a)

    1,224,000       225,819  

Angang Steel Co. Ltd., Class A

     107,183       36,804  

Baoshan Iron & Steel Co. Ltd., Class A

     336,663       229,793  

China Hongqiao Group Ltd.

     535,500       235,590  

China Metal Recycling Holdings Ltd.(a)(c)

    132,000       0 (d)  

China Molybdenum Co. Ltd., Class A

     275,400       131,469  

China Molybdenum Co. Ltd., Class H

     1,248,000       383,207  
Security   Shares     Value  
China (continued)            

China Northern Rare Earth Group High-Tech Co. Ltd., Class A

     61,270     $ 86,805  

China Oriental Group Co. Ltd.

     306,000       84,090  

China Zhongwang Holdings Ltd.

     489,600       92,222  

Ganfeng Lithium Co. Ltd., Class A

     15,300       105,713  

GEM Co. Ltd., Class A

     76,399       46,495  

Guangdong HEC Technology Holding Co. Ltd., Class A(a)

    61,200       54,159  

Guangdong Hongda Blasting Co. Ltd.

     15,300       71,330  

Hesteel Co. Ltd., Class A

     198,900       55,804  

Hunan Valin Steel Co. Ltd., Class A

     107,100       56,807  

Inner Mongolia BaoTou Steel Union Co. Ltd., Class A

     887,498       136,267  

Inner Mongolia Eerduosi Resources Co. Ltd., Class B

     61,296       39,904  

Jiangsu Shagang Co. Ltd.

     45,900       86,557  

Jiangxi Copper Co. Ltd., Class A

     76,500       136,146  

Jiangxi Copper Co. Ltd., Class H

     306,000       280,299  

Jinchuan Group International Resources Co. Ltd.(b)

    765,000       55,270  

Jinduicheng Molybdenum Co. Ltd., Class A

     61,200       51,767  

Maanshan Iron & Steel Co. Ltd., Class A

     122,400       44,763  

MMG Ltd.(a)

    746,000       128,969  

Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A(a)

    168,300       45,574  

Sansteel Minguang Co. Ltd. Fujian, Class A

     46,151       43,483  

Shandong Nanshan Aluminum Co. Ltd., Class A

     229,500       65,030  

Shanxi Taigang Stainless Steel Co. Ltd., Class A

     122,400       56,209  

Shougang Fushan Resources Group Ltd.

     918,000       169,364  

Tiangong International Co. Ltd.

     306,000       87,248  

Tongling Nonferrous Metals Group Co. Ltd., Class A

     168,300       44,399  

Xiamen Tungsten Co. Ltd., Class A

     30,499       52,916  

Yintai Gold Co. Ltd., Class A

     30,600       68,297  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     15,300       69,344  
   

 

 

  
      3,653,589  
Finland — 0.2%            

Outokumpu OYJ(a)

    94,554       283,242  
   

 

 

  
France — 0.3%            

APERAM SA

     15,606       429,643  

Constellium SE(a)

    1,890       15,517  

Eramet(a)

    2,907       101,115  
   

 

 

  
      546,275  
Germany — 0.9%            

Aurubis AG

     10,251       592,940  

Salzgitter AG(a)

    12,240       164,744  

thyssenkrupp AG(a)(b)

    123,930       835,392  
   

 

 

  
      1,593,076  
India — 1.5%            

APL Apollo Tubes Ltd.

     1,530       30,711  

Hindalco Industries Ltd.

     356,643       654,884  

Jindal Saw Ltd.

     14,188       8,640  

Jindal Steel & Power Ltd.(a)

    126,795       203,818  

JSW Steel Ltd.

     261,936       638,072  

Mishra Dhatu Nigam Ltd.(e)

    14,229       37,945  

MOIL Ltd.

     21,420       35,961  

National Aluminium Co. Ltd.

     164,475       63,949  

Tata Steel Ltd., GDR(f)

    93,636       360,499  

Vedanta Ltd.

     462,672       564,143  

Vedanta Ltd., ADR

     33,966       165,754  

Welspun Corp. Ltd.

     5,078       4,026  
   

 

 

  
      2,768,402  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Indonesia — 0.0%            

Krakatau Steel Persero Tbk PT(a)

    464,953     $ 6,110  

Timah Tbk PT

     258,367       7,852  
   

 

 

  
      13,962  
Japan — 6.1%            

Asahi Holdings Inc.

     15,300       393,382  

Daido Steel Co. Ltd.

     10,100       346,401  

Dowa Holdings Co. Ltd.

     15,300       491,372  

Hitachi Metals Ltd.

     65,700       757,409  

JFE Holdings Inc.

     153,000       1,124,760  

Kobe Steel Ltd.(a)

    91,800       341,688  

Kyoei Steel Ltd.

     10,100       133,498  

Maruichi Steel Tube Ltd.

     17,400       445,599  

Mitsubishi Materials Corp.

     34,700       790,078  

Mitsui Mining & Smelting Co. Ltd.

     15,300       329,759  

Neturen Co. Ltd.

     15,300       79,245  

Nippon Denko Co. Ltd.(a)

    3,600       5,213  

Nippon Light Metal Holdings Co. Ltd.

     198,900       341,546  

Nippon Steel Corp.

     249,905       2,302,462  

Sumitomo Metal Mining Co. Ltd.

     76,500       2,130,937  

Toho Titanium Co. Ltd.

     15,300       95,434  

Tokyo Steel Manufacturing Co. Ltd.

     30,600       198,253  

UACJ Corp.

     13,238       244,522  

Yamato Kogyo Co. Ltd.

     15,300       315,984  
   

 

 

  
      10,867,542  
Malaysia — 0.2%            

Press Metal Aluminium Holdings Bhd

     443,700       384,761  
   

 

 

  
Mexico — 1.1%            

Grupo Mexico SAB de CV, Series B

     948,600       2,035,248  
   

 

 

  
Netherlands — 1.3%            

AMG Advanced Metallurgical Group NV

     9,486       158,962  

ArcelorMittal SA

     219,708       2,102,994  
   

 

 

  
      2,261,956  
Norway — 0.6%            

Norsk Hydro ASA(a)

    411,876       1,045,776  
   

 

 

  
Peru — 0.5%            

Southern Copper Corp.

     25,857       938,609  
   

 

 

  
Poland — 0.6%            

Jastrzebska Spolka Weglowa SA

     17,289       71,394  

KGHM Polska Miedz SA(a)

    42,381       913,199  
   

 

 

  
      984,593  
Qatar — 0.1%            

Qatar Aluminum Manufacturing Co.

     791,469       138,331  
   

 

 

  
Russia — 4.9%            

Alrosa PJSC

     778,772       727,605  

Magnitogorsk Iron & Steel Works PJSC

     688,500       394,146  

Mechel PJSC, ADR(a)

    33,874       61,312  

MMC Norilsk Nickel PJSC

     19,384       6,066,997  

Novolipetsk Steel PJSC

     367,200       716,090  

Severstal PAO

     63,495       840,053  
   

 

 

  
      8,806,203  
Saudi Arabia — 0.7%            

Saudi Arabian Mining Co.(a)

    132,957       1,213,740  
   

 

 

  
South Africa — 2.4%            

African Rainbow Minerals Ltd.(b)

    33,966       325,123  

Anglo American Platinum Ltd.

     16,371       1,030,715  
Security   Shares     Value  
South Africa (continued)            

Impala Platinum Holdings Ltd.

     245,106     $ 1,627,784  

Kumba Iron Ore Ltd.

     19,737       531,022  

Northam Platinum Ltd.(a)

    108,936       677,363  

Royal Bafokeng Platinum Ltd.(a)

    44,523       88,190  
   

 

 

  
      4,280,197  
South Korea — 2.8%            

Dongkuk Steel Mill Co. Ltd.(a)

    17,442       60,067  

Hyundai Steel Co.

     26,775       472,392  

KISWIRE Ltd.

     2,754       32,022  

Korea Zinc Co. Ltd.

     2,601       793,878  

Namsun Aluminum Co. Ltd.(a)(b)

    18,360       93,990  

Poongsan Corp.

     5,814       92,953  

POSCO

     22,644       3,309,430  

Seah Besteel Corp.

     3,825       30,021  

SeAH Steel Holdings Corp.

     1       26  

Young Poong Corp.

     153       63,006  
   

 

 

  
      4,947,785  
Spain — 0.2%            

Acerinox SA

     49,266       390,950  
   

 

 

  
Sweden — 1.5%            

Boliden AB

     83,538       1,811,194  

Granges AB(a)

    22,950       182,999  

SSAB AB, Class A(a)(b)

    71,910       177,974  

SSAB AB, Class B(a)

    188,496       458,914  
   

 

 

  
      2,631,081  
Taiwan — 1.9%            

China Metal Products

     153,011       141,927  

China Steel Corp.

     3,519,612       2,321,010  

Chung Hung Steel Corp.

     312,000       81,052  

Feng Hsin Steel Co. Ltd.

     153,000       265,489  

TA Chen Stainless Pipe

     306,610       274,188  

Tung Ho Steel Enterprise Corp.

     153,000       122,043  

YC INOX Co. Ltd.

     153,000       122,298  

Yieh Phui Enterprise Co. Ltd.

     355,644       98,550  
   

 

 

  
      3,426,557  
Turkey — 0.4%            

Eregli Demir ve Celik Fabrikalari TAS

     429,280       506,590  

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D

     230,418       84,783  

Koza Anadolu Metal Madencilik Isletmeleri AS(a)

    59,657       105,470  
   

 

 

  
      696,843  
United Kingdom — 19.4%            

Anglo American PLC

     375,309       7,890,692  

Antofagasta PLC

     120,411       1,304,645  

Central Asia Metals PLC

     50,796       97,590  

Evraz PLC

     156,519       546,457  

Ferrexpo PLC

     91,035       197,969  

Glencore PLC

     3,054,339       5,657,323  

Hill & Smith Holdings PLC

     24,174       381,350  

KAZ Minerals PLC

     72,216       422,923  

Rio Tinto PLC

     342,720       18,274,389  
   

 

 

  
      34,773,338  
United States — 9.6%            

Alcoa Corp.(a)(b)

    57,528       529,833  

Allegheny Technologies Inc.(a)(b)

    38,097       330,682  

Arconic Corp.(a)(b)

    30,294       438,354  

Carpenter Technology Corp.

     14,688       343,259  

Century Aluminum Co.(a)(b)

    17,595       104,866  
 

 

 

2   

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
United States (continued)            

Cleveland-Cliffs Inc.(b)

    120,717     $ 630,143  

Commercial Metals Co.

     36,414       624,864  

Compass Minerals International Inc.

     10,251       493,893  

Coronado Global Resources Inc.(b)(e)

    61,506       48,381  

Freeport-McMoRan Inc.

     444,312       4,029,910  

Haynes International Inc.

     3,825       87,325  

Kaiser Aluminum Corp.

     4,896       351,288  

Materion Corp.

     6,273       329,333  

Nucor Corp.

     92,259       3,898,865  

Reliance Steel & Aluminum Co.

     20,502       1,988,694  

Schnitzer Steel Industries Inc., Class A

     8,262       129,713  

Steel Dynamics Inc.

     65,484       1,739,255  

SunCoke Energy Inc.

     25,857       88,172  

U.S. Steel Corp.(b)

    52,173       419,471  

Warrior Met Coal Inc.

     15,840       223,027  

Worthington Industries Inc.

     12,240       366,221  
   

 

 

  
      17,195,549  
   

 

 

  

Total Common Stocks — 98.5%
(Cost: $242,882,274)

       176,031,889  
   

 

 

  

Preferred Stocks

    
Brazil — 0.9%            

Bradespar SA, Preference Shares, NVS

     61,200       397,212  

Cia. Ferro Ligas da Bahia-Ferbasa, Preference Shares, NVS

     15,300       56,877  

Gerdau SA, Preference Shares, NVS

     336,600       832,343  

Metalurgica Gerdau SA, Preference Shares, NVS

     229,500       260,724  

Usinas Siderurgicas de Minas Gerais SA, Class A, Preference Shares, NVS

     122,400       138,602  
   

 

 

  
      1,685,758  
   

 

 

  

Total Preferred Stocks — 0.9%
(Cost: $1,087,217)

       1,685,758  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 1.1%            

BlackRock Cash Funds: Institutional, SL Agency Shares, 0.69%(g)(h)(i)

    1,931,874     $ 1,934,772  

BlackRock Cash Funds: Treasury, SL Agency Shares, 0.16%(g)(h)

    40,000       40,000  
   

 

 

  
      1,974,772  
   

 

 

  

Total Short-Term Investments — 1.1%
(Cost: $1,972,285)

       1,974,772  
   

 

 

  

Total Investments in Securities — 100.5%
(Cost: $245,941,776)

       179,692,419  

Other Assets, Less Liabilities — (0.5)%

       (877,743 ) 
   

 

 

  

Net Assets — 100.0%

     $   178,814,676  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

All or a portion of this security is on loan.

(c) 

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

(d) 

Rounds to less than $1.

(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) 

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

(g) 

Affiliate of the Fund.

(h) 

Annualized 7-day yield as of period-end.

(i) 

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

      3,540,139        (1,608,265 )       1,931,874      $ 1,934,772      $ 68,342 (b)     $ 763      $ 1,296  

BlackRock Cash Funds: Treasury, SL Agency Shares

      186,000        (146,000 )       40,000        40,000        2,177        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 1,974,772      $ 70,519      $ 763      $ 1,296  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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.

 

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.

 

 

     3  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Global Metals & Mining Producers 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

    $ 174,818,149        $ 1,213,740        $ 0  (a)     $ 176,031,889  

Preferred Stocks

      1,685,758          —                      —        1,685,758  

Money Market Funds

      1,974,772          —          —        1,974,772  
  

 

 

       

 

 

       

 

 

     

 

 

  
   $ 178,478,679        $     1,213,740        $ 0  (a)     $ 179,692,419  
  

 

 

       

 

 

       

 

 

     

 

 

  

 

  (a)

Rounds to less than $1.

 

Portfolio Abbreviations — Equity

 

ADR    American Depositary Receipt
GDR    Global Depositary Receipt
NVS    Non-Voting Shares

 

 

4