NPORT-EX 2 NPORT_11634936623154598.htm iShares MSCI Taiwan ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® MSCI Taiwan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Airlines — 0.5%  

China Airlines Ltd.

     34,311,761     $ 9,370,739  

Eva Airways Corp.

     25,940,101       9,503,451  
   

 

 

  
      18,874,190  
Auto Components — 0.5%  

Cheng Shin Rubber Industry Co. Ltd.

     14,784,670       16,151,113  
   

 

 

  
Banks — 12.4%  

Chang Hwa Commercial Bank Ltd.

     35,378,576       22,152,114  

CTBC Financial Holding Co. Ltd.

     105,203,325       69,901,960  

E.Sun Financial Holding Co. Ltd.

     61,446,826       54,539,814  

First Financial Holding Co. Ltd.

     59,590,013       45,349,935  

Hua Nan Financial Holdings Co. Ltd.

     49,343,103       31,964,142  

Mega Financial Holding Co. Ltd.

     62,383,271       63,889,611  

Shanghai Commercial & Savings Bank Ltd. (The)

     21,413,306       30,524,213  

SinoPac Financial Holdings Co. Ltd.

     68,894,724       27,076,028  

Taishin Financial Holding Co. Ltd.

     63,308,660       27,410,910  

Taiwan Business Bank

     43,763,950       15,450,387  

Taiwan Cooperative Financial Holding Co. Ltd.(a)

    55,860,400       37,953,444  
   

 

 

  
      426,212,558  
Chemicals — 5.1%  

Formosa Chemicals & Fibre Corp.(a)

    20,482,610       49,117,333  

Formosa Plastics Corp.

     24,229,518       66,979,184  

Nan Ya Plastics Corp.

     28,861,938       60,463,477  
   

 

 

  
          176,559,994  
Communications Equipment — 0.8%  

Accton Technology Corp.

     3,576,000       28,762,831  
   

 

 

  
Construction Materials — 1.9%  

Asia Cement Corp.(a)

    15,827,136       22,956,595  

Taiwan Cement Corp.

     29,792,139       42,220,001  
   

 

 

  
      65,176,596  
Diversified Financial Services — 1.8%  

Chailease Holding Co. Ltd.

     7,649,863       29,682,233  

Yuanta Financial Holding Co. Ltd.

     60,515,248       32,751,799  
   

 

 

  
      62,434,032  
Diversified Telecommunication Services — 2.3%  

Chunghwa Telecom Co. Ltd.

     21,413,648       78,807,930  
   

 

 

  
Electrical Equipment — 0.0%  

Ya Hsin Industrial Co. Ltd.(b)

    6,845,461       2  
   

 

 

  
Electronic Equipment, Instruments & Components — 12.7%  

AU Optronics Corp.(a)

    66,101,830       16,687,823  

Delta Electronics Inc.

     12,190,180       56,028,138  

Foxconn Technology Co. Ltd.

     7,336,499       13,170,268  

Hon Hai Precision Industry Co. Ltd.

     69,843,002       176,323,049  

Innolux Corp.(a)

    69,813,873       14,462,691  

Largan Precision Co. Ltd.

     559,794       71,500,749  

Pacific Electric Wire & Cable Co. Ltd.(b)

    197       0 (c)  

Synnex Technology International Corp.

     11,178,364       16,530,204  

Walsin Technology Corp.(a)

    2,681,000       16,697,652  

WPG Holdings Ltd.

     11,991,604       15,675,952  

Yageo Corp.(a)

    1,862,125       22,978,095  

Zhen Ding Technology Holding Ltd.(a)

    4,663,072       18,559,104  
   

 

 

  
      438,613,725  
Food & Staples Retailing — 1.0%  

President Chain Store Corp.

     3,626,215       35,688,477  
   

 

 

  
Security   Shares     Value  
Food Products — 2.3%  

Standard Foods Corp.

     4,655,056     $ 9,844,998  

Uni-President Enterprises Corp.

     27,930,189       67,720,824  
   

 

 

  
      77,565,822  
Household Durables — 0.7%  

Nien Made Enterprise Co. Ltd.

     1,354,000       11,589,609  

Tatung Co. Ltd.(a)(d)

    18,500,000       12,785,179  
   

 

 

  
      24,374,788  
Industrial Conglomerates — 0.6%  

Far Eastern New Century Corp.(a)

    23,163,843       20,752,952  
   

 

 

  
Insurance — 5.2%  

Cathay Financial Holding Co. Ltd.

     48,412,315       64,576,627  

China Development Financial Holding Corp.

     86,583,508       26,212,959  

China Life Insurance Co. Ltd.(d)

    21,293,479       14,715,726  

Fubon Financial Holding Co. Ltd.

     38,171,515       53,904,154  

Shin Kong Financial Holding Co. Ltd.(a)

    77,249,406       21,457,454  
   

 

 

  
          180,866,920  
Leisure Products — 0.6%  

Giant Manufacturing Co. Ltd.(a)

    2,793,590       21,864,901  
   

 

 

  
Machinery — 1.0%  

Airtac International Group

     931,000       15,968,859  

Hiwin Technologies Corp.

     1,663,339       16,979,631  
   

 

 

  
      32,948,490  
Marine — 0.3%  

Evergreen Marine Corp. Taiwan Ltd.(d)

    26,999,533       9,801,662  
   

 

 

  
Metals & Mining — 1.4%  

China Steel Corp.(a)

    73,549,977       48,502,566  
   

 

 

  
Oil, Gas & Consumable Fuels — 0.7%  

Formosa Petrochemical Corp.

     8,267,950       24,149,849  
   

 

 

  
Real Estate Management & Development — 0.6%  

Highwealth Construction Corp.(a)

    8,379,790       12,377,808  

Ruentex Development Co. Ltd.

     6,405,076       9,748,942  
   

 

 

  
      22,126,750  
Semiconductors & Semiconductor Equipment — 33.8%  

ASE Technology Holding Co. Ltd.

     20,482,432       42,158,678  

Globalwafers Co. Ltd.(a)

    1,476,000       17,770,991  

MediaTek Inc.

     8,637,175       133,189,409  

Nanya Technology Corp.(a)

    8,385,000       16,700,183  

Novatek Microelectronics Corp.(a)

    3,724,544       25,429,859  

Phison Electronics Corp.

     1,280,698       11,729,957  

Powertech Technology Inc.

     5,586,036       18,046,478  

Realtek Semiconductor Corp.(a)

    3,191,063       27,473,432  

Silergy Corp.

     130,000       7,014,155  

Taiwan Semiconductor Manufacturing Co. Ltd.

     79,617,882       774,302,133  

United Microelectronics Corp.

     73,549,501       37,846,454  

Vanguard International Semiconductor
Corp.(a)

    7,336,000       17,958,235  

Win Semiconductors Corp.(a)

    2,710,000       23,196,336  

Winbond Electronics Corp.(a)

    26,068,000       11,937,885  
   

 

 

  
      1,164,754,185  
Specialty Retail — 1.0%  

Hotai Motor Co. Ltd.

     1,862,000       33,240,033  
   

 

 

  
Technology Hardware, Storage & Peripherals — 8.7%  

Acer Inc.

     25,137,737       13,688,660  

Advantech Co. Ltd.

     2,477,614       24,507,955  

Asustek Computer Inc.

     4,655,857       32,641,396  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Taiwan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Technology Hardware, Storage & Peripherals (continued)  

Catcher Technology Co. Ltd.

     3,901,743     $ 28,329,058  

Chicony Electronics Co. Ltd.

     5,586,405       16,001,027  

Compal Electronics Inc.(a)

    30,611,554       19,473,129  

Inventec Corp.(a)

    20,482,868       16,645,528  

Lite-On Technology Corp.

     14,896,071       23,863,481  

Micro-Star International Co. Ltd.

     5,586,000       18,790,541  

Pegatron Corp.

     13,034,037       27,999,846  

Quanta Computer Inc.

     16,758,240       39,070,002  

Wistron Corp.

     20,482,921       19,510,792  

Wiwynn Corp.(a)

    716,000       19,101,282  
   

 

 

  
          299,622,697  
Textiles, Apparel & Luxury Goods — 1.7%  

Eclat Textile Co. Ltd.(a)

    1,323,601       13,621,739  

Feng TAY Enterprise Co. Ltd.(a)

    2,793,623       16,840,825  

Formosa Taffeta Co. Ltd.

     9,190,515       10,468,463  

Pou Chen Corp.

     16,758,103       16,492,987  

Ruentex Industries Ltd.

     148,157       322,220  
   

 

 

  
      57,746,234  
Transportation Infrastructure — 0.5%  

Taiwan High Speed Rail Corp.

     14,896,000       18,703,720  
   

 

 

  
Wireless Telecommunication Services — 1.8%  

Far EasTone Telecommunications Co. Ltd.

     11,172,259       24,074,776  

Taiwan Mobile Co. Ltd.

     10,241,609       36,668,542  
   

 

 

  
      60,743,318  
   

 

 

  

Total Common Stocks — 99.9%
(Cost: $1,847,761,252)

 

     3,445,046,335  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

 

Money Market Funds — 3.9%  

BlackRock Cash Funds: Institutional,
SL Agency

    

Shares, 0.69%(e)(f)(g)

    135,890,652     $ 136,094,488  
   

 

 

  

Total Short-Term Investments — 3.9%
(Cost: $135,900,336)

 

     136,094,488  
   

 

 

  

Total Investments in Securities — 103.8%
(Cost: $1,983,661,588)

 

     3,581,140,823  

Other Assets, Less Liabilities — (3.8)%

 

     (132,173,668 ) 
   

 

 

  

Net Assets — 100.0%

 

   $   3,448,967,155  
   

 

 

  

 

(a) 

All or a portion of this security is on loan.

(b) 

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

(c) 

Rounds to less than $1.

(d) 

Non-income producing security.

(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 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

      155,033,037        (19,142,385 )       135,890,652      $ 136,094,488      $ 2,262,168 (b)     $ (8,931 )     $ 153,225  

BlackRock Cash Funds: Treasury, SL Agency Shares

      14,551,000        (14,551,000 )       —        —        64,503        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 136,094,488      $ 2,326,671      $ (8,931 )     $ 153,225  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

            

MSCI Taiwan Index

      110        06/29/20      $ 4,523      $ (30,036 ) 
           

 

 

  

 

 

2   

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Taiwan ETF

 

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 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

    $ 3,445,046,333        $ —        $ 2        $ 3,445,046,335  

Money Market Funds

      136,094,488          —          —          136,094,488  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 3,581,140,821        $ —        $ 2        $ 3,581,140,823  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Liabilities

                  

Futures Contracts

    $ (30,036 )       $ —        $ —        $ (30,036 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

 

 

     3