NPORT-EX 2 NPORT_11634382169623247.htm iShares MSCI Global Agriculture Producers ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® MSCI Global Agriculture Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Argentina — 0.1%  

Adecoagro SA(a)

    6,953     $ 29,967  
   

 

 

  
Australia — 1.7%            

Australian Agricultural Co. Ltd.(a)

    18,190       13,041  

Costa Group Holdings Ltd.

     23,970       51,234  

Elders Ltd.

     9,775       64,562  

GrainCorp Ltd., Class A(a)

    15,538       45,589  

Inghams Group Ltd.

     20,264       46,003  

Nufarm Ltd./Australia(a)

    18,462       66,177  

Select Harvests Ltd.

     6,443       26,517  

Tassal Group Ltd.

     13,311       35,520  
   

 

 

  
      348,643  
Brazil — 0.4%            

Sao Martinho SA

     11,900       42,573  

SLC Agricola SA

     6,887       31,587  
   

 

 

  
      74,160  
Canada — 6.3%            

Ag Growth International Inc.

     1,275       25,745  

Nutrien Ltd.

     37,400           1,271,741  

Rogers Sugar Inc.

     5,933       20,217  
   

 

 

  
      1,317,703  
China — 3.1%            

Beijing Dabeinong Technology Group Co. Ltd., Class A

     15,300       17,640  

China BlueChemical Ltd., Class H

     126,000       19,507  

China Huishan Dairy Holdings Co. Ltd.(a)(b)

    295,050       0 (c)  

China Modern Dairy Holdings Ltd.(a)

    119,000       13,203  

COFCO Meat Holdings Ltd.(a)

    94,000       24,498  

Fujian Sunner Development Co. Ltd., Class A

     5,100       18,473  

Heilongjiang Agriculture Co. Ltd., Class A

     6,800       14,190  

Henan Shuanghui Investment & Development Co. Ltd., Class A

     11,000       60,741  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     22,100       87,762  

Jiangsu Yangnong Chemical Co. Ltd., Class A

     1,700       21,000  

Jiangxi Zhengbang Technology Co. Ltd., Class A

     10,200       22,054  

Muyuan Foodstuff Co. Ltd., Class A

     8,700       145,955  

New Hope Liuhe Co. Ltd., Class A

     17,000       66,489  

Shandong Hualu Hengsheng Chemical Co. Ltd., Class A

     5,100       12,593  

Sinofert Holdings Ltd.

     136,000       11,230  

Tongwei Co. Ltd., Class A

     15,300       29,258  

Wens Foodstuffs Group Co. Ltd., Class A

     21,100       77,842  

Yuan Longping High-Tech Agriculture Co. Ltd., Class A

     5,100       11,604  
   

 

 

  
      654,039  
France — 0.1%            

Vilmorin & Cie SA

     442       23,354  
   

 

 

  
Germany — 1.0%            

K+S AG, Registered(d)

    12,733       80,931  

KWS Saat SE & Co. KGaA

     731       51,552  

Suedzucker AG

     4,624       69,180  
   

 

 

  
      201,663  
Hong Kong — 3.0%            

Ausnutria Dairy Corp. Ltd.

     37,000       74,468  

WH Group Ltd.(e)

    629,000       542,087  
   

 

 

  
      616,555  
India — 2.4%            

Balrampur Chini Mills Ltd.

     8,041       10,607  

Bayer CropScience Ltd./India

     703       49,971  
Security   Shares     Value  
India (continued)            

Chambal Fertilizers and Chemicals Ltd.

     6,664     $ 11,439  

Coromandel International Ltd.

     4,573       38,965  

EID Parry India Ltd.

     3,978       10,298  

Escorts Ltd.

     3,910       46,706  

Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

     421       727  

Kaveri Seed Co. Ltd.

     1,717       9,044  

KRBL Ltd.

     3,111       7,708  

Rallis India Ltd.

     2,676       7,531  

Tata Consumer Products Ltd.

     28,135       136,515  

UPL Ltd.

     32,504       174,456  

Venky’s India Ltd.

     155       2,024  
   

 

 

  
      505,991  
Indonesia — 1.2%            

Astra Agro Lestari Tbk PT

     30,600       15,499  

Charoen Pokphand Indonesia Tbk PT

     481,100       190,168  

Inti Agri Resources Tbk PT(a)(b)

    2,230,700       5,239  

Japfa Comfeed Indonesia Tbk PT

     302,600       18,641  

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

     198,900       9,394  

Sawit Sumbermas Sarana Tbk PT

     193,800       11,076  

Tunas Baru Lampung Tbk PT

     68,200       2,325  
   

 

 

  
      252,342  
Ireland — 0.1%            

Origin Enterprises PLC

     8,364       25,864  
   

 

 

  
Israel — 0.9%            

ICL Group Ltd.

     46,104       159,628  

Israel Corp. Ltd. (The)(a)

    255       29,915  
   

 

 

  
      189,543  
Italy — 2.0%            

CNH Industrial NV(a)

    67,031       406,512  
   

 

 

  
Japan — 6.8%            

Chubu Shiryo Co. Ltd.

     1,700       26,304  

Hokuto Corp.

     1,700       31,669  

Iseki & Co. Ltd.

     600       6,861  

Kubota Corp.

     68,000       914,893  

Kumiai Chemical Industry Co. Ltd.

     5,600       45,222  

Maruha Nichiro Corp.

     2,400       51,928  

Mitsui Sugar Co. Ltd.

     1,300       25,135  

NH Foods Ltd.

     5,100       188,407  

Nihon Nohyaku Co. Ltd.

     1,700       7,779  

Nippon Beet Sugar Manufacturing Co. Ltd.

     300       4,709  

Sakata Seed Corp.

     2,000       68,687  

Starzen Co. Ltd.

     300       12,893  

Taki Chemical Co. Ltd.

     300       20,049  

YAMABIKO Corp.

     2,400       21,854  
   

 

 

  
          1,426,390  
Malaysia — 3.1%            

FGV Holdings Bhd(a)

    107,100       25,127  

Genting Plantations Bhd

     17,000       39,494  

IOI Corp. Bhd

     163,200       170,802  

Kuala Lumpur Kepong Bhd

     28,900       146,511  

Leong Hup International Berhad

     90,100       12,849  

QL Resources Bhd

     44,205       102,899  

Sime Darby Plantation Bhd

     134,300       153,221  
   

 

 

  
      650,903  
Netherlands — 0.4%            

ForFarmers NV

     2,244       14,278  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Global Agriculture Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Netherlands (continued)            

OCI NV(a)(d)

    6,902     $ 77,926  
   

 

 

  
      92,204  
Norway — 7.3%            

Austevoll Seafood ASA

     6,086       46,396  

Bakkafrost P/F

     3,281       204,215  

Grieg Seafood ASA

     3,366       34,421  

Leroy Seafood Group ASA

     19,431       109,028  

Mowi ASA

     28,730       541,044  

Norway Royal Salmon ASA

     860       21,234  

Salmar ASA

     3,689       165,927  

Yara International ASA

     11,577       396,137  
   

 

 

  
          1,518,402  
Pakistan — 0.4%            

Engro Corp. Ltd./Pakistan

     19,749       35,419  

Engro Fertilizers Ltd.

     34,467       12,670  

Fauji Fertilizer Co. Ltd.

     36,100       24,311  

Millat Tractors Ltd.

     1,715       7,851  
   

 

 

  
      80,251  
Poland — 0.1%            

Grupa Azoty SA(a)

    3,026       23,502  
   

 

 

  
Russia — 0.6%            

PhosAgro PJSC, GDR(f)

    8,840       121,992  
   

 

 

  
Saudi Arabia — 2.5%            

Almarai Co. JSC

     16,371       218,492  

National Agriculture Development Co. (The)(a)

    3,264       20,178  

Saudi Arabian Fertilizer Co.

     13,260       272,404  
   

 

 

  
      511,074  
Singapore — 2.2%            

Bumitama Agri Ltd.

     23,800       7,914  

China XLX Fertiliser Ltd.

     34,000       8,159  

First Resources Ltd.

     35,700       34,351  

Golden Agri-Resources Ltd.

     426,700       46,190  

Japfa Ltd.

     23,840       11,217  

Wilmar International Ltd.

     125,800       354,241  
   

 

 

  
      462,072  
South Africa — 0.2%            

Astral Foods Ltd.

     2,584       22,599  

Oceana Group Ltd.

     5,795       19,065  

Tongaat Hulett Ltd.(a)

    8,982       3,082  
   

 

 

  
      44,746  
South Korea — 0.2%            

Dongwon Industries Co. Ltd.

     85       15,511  

Easy Bio Inc.(b)(d)

    2,516       8,655  

Harim Holdings Co. Ltd.

     1,972       11,305  

Namhae Chemical Corp.

     1,258       7,974  
   

 

 

  
      43,445  
Sweden — 0.1%            

Scandi Standard AB(a)

    2,890       18,871  
   

 

 

  
Taiwan — 0.5%            

Charoen Pokphand Enterprise

     13,000       31,347  

Taiwan Fertilizer Co. Ltd.

     51,000       83,061  
   

 

 

  
      114,408  
Thailand — 1.3%            

Charoen Pokphand Foods PCL, NVDR

     251,600       249,148  

GFPT PCL, NVDR

     30,600       11,447  
Security   Shares     Value  
Thailand (continued)            

Khon Kaen Sugar Industry PCL, NVDR

     85,054     $ 5,455  
   

 

 

  
      266,050  
United Kingdom — 0.7%            

Cranswick PLC

     3,383       154,247  
   

 

 

  
United States — 50.1%            

AGCO Corp.

     4,216       232,850  

American Vanguard Corp.

     1,853       24,645  

Archer-Daniels-Midland Co.

     36,465       1,433,439  

Bunge Ltd.

     9,265       361,520  

Cal-Maine Foods Inc.

     2,006       89,387  

CF Industries Holdings Inc.

     14,161       415,909  

Corteva Inc.(a)

    49,028       1,338,955  

Darling Ingredients Inc.(a)

    10,710       249,650  

Deere & Co.

     19,499       2,966,188  

FMC Corp.

     8,483       834,812  

Fresh Del Monte Produce Inc.

     2,091       52,045  

Ingredion Inc.

     4,369       368,001  

Lamb Weston Holdings Inc.

     9,554       573,813  

Lindsay Corp.

     697       65,462  

Mosaic Co. (The)

     23,579       285,070  

Pilgrim’s Pride Corp.(a)

    4,063       83,982  

Sanderson Farms Inc.

     1,309       172,814  

Scotts Miracle-Gro Co. (The)

     2,720       387,791  

Toro Co. (The)

     7,038       500,191  
   

 

 

  
      10,436,524  
   

 

 

  

Total Common Stocks — 98.8%
(Cost: $23,486,494)

       20,611,417  
   

 

 

  

Preferred Stocks

    

Chile — 0.9%

    

Sociedad Quimica y Minera de Chile SA,
Series B, Preference Shares

     7,463       182,117  
   

 

 

  

Total Preferred Stocks — 0.9%
(Cost: $202,193)

       182,117  
   

 

 

  

Short-Term Investments

    

Money Market Funds — 0.9%

    

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

    166,648       166,898  

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

    10,000       10,000  
   

 

 

  
      176,898  
   

 

 

  

Total Short-Term Investments — 0.9%
(Cost: $176,702)

       176,898  
   

 

 

  

Total Investments in Securities — 100.6%
(Cost: $23,865,389)

       20,970,432  

Other Assets, Less Liabilities — (0.6)%

       (120,549 ) 
   

 

 

  

Net Assets — 100.0%

     $     20,849,883  
   

 

 

  

 

(a) 

Non-income producing security.

(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) 

All or a portion of this security is on loan.

 

 

 

2   

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Global Agriculture Producers ETF

 

(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

      327,331        (160,683 )       166,648      $ 166,898      $ 5,782 (b)     $ 511      $ 169  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      21,000        (11,000 )       10,000        10,000        263        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 176,898      $ 6,045      $ 511      $ 169  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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.

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

    $ 20,086,449        $ 511,074        $ 13,894        $ 20,611,417  

Preferred Stocks

      182,117          —          —          182,117  

Money Market Funds

      176,898          —          —          176,898  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 20,445,464        $ 511,074        $ 13,894        $ 20,970,432  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations — Equity
GDR    Global Depositary Receipt
JSC    Joint Stock Company
NVDR    Non-Voting Depositary Receipt

 

 

     3