NPORT-EX 2 NPORT_11633566989972705.htm iShares ESG MSCI EM ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® ESG MSCI EM ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Argentina — 0.1%  

Globant SA(a)(b)

    31,931     $ 4,477,045  
   

 

 

  
Brazil — 3.6%            

Atacadao SA

     2,144,600       7,301,220  

B2W Cia. Digital(a)

    190,900       3,220,390  

B3 SA — Brasil, Bolsa, Balcao

     2,642,100       22,158,984  

Banco Bradesco SA

     1,026,246       3,363,441  

Banco do Brasil SA

     964,600       5,477,392  

Banco Santander Brasil SA

     1,512,700       7,102,401  

Cia Brasileira de Distribuicao

     400,700       4,646,588  

Cosan SA

     471,100       5,711,906  

Energisa SA

     406,900       3,558,717  

Equatorial Energia SA

     974,000       3,595,717  

Klabin SA

     894,300       3,245,503  

Localiza Rent a Car SA

     1,644,321       11,650,213  

Lojas Renner SA

     771,510       5,476,185  

Natura & Co. Holding SA

     1,244,000       8,516,124  

Petrobras Distribuidora SA

     955,400       3,806,753  

Rumo SA(a)

    879,500       3,648,457  

Ultrapar Participacoes SA

     2,742,000       8,643,376  

WEG SA

     474,300       3,653,030  
   

 

 

  
      114,776,397  
Chile — 0.7%            

Cia. Cervecerias Unidas SA

     338,082       2,430,227  

Empresas COPEC SA

     1,524,325       9,560,160  

Enel Americas SA

     67,496,219       9,765,660  
   

 

 

  
      21,756,047  
China — 38.7%            

360 Security Technology Inc., Class A

     1,265,700       3,144,728  

3SBio Inc.(a)(c)

    2,929,500       3,477,151  

AAC Technologies Holdings Inc.(b)

    955,500       4,906,322  

Agricultural Bank of China Ltd., Class H

     7,018,000       2,834,001  

Aisino Corp., Class A

     1,420,998       3,163,636  

Alibaba Group Holding Ltd., ADR(a)

    1,100,428           228,217,763  

Alibaba Health Information Technology Ltd.(a)

    3,952,000       9,259,234  

Alibaba Pictures Group Ltd.(a)

    25,280,000       3,065,824  

A-Living Services Co. Ltd., Class H(c)

    1,016,250       5,441,153  

ANTA Sports Products Ltd.

     456,000       4,065,230  

Autohome Inc., ADR

     47,968       3,690,178  

BAIC Motor Corp. Ltd., Class H(c)

    18,450,500       7,426,856  

Baidu Inc., ADR(a)

    125,024       13,321,307  

Bank of China Ltd., Class H

     13,514,000       4,934,153  

Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A

     1,081,412       5,818,993  

BOE Technology Group Co. Ltd., Class A

     7,302,900       3,781,826  

Brilliance China Automotive Holdings Ltd.

     3,996,000       3,495,404  

BYD Co. Ltd., Class A

     413,516       3,313,692  

BYD Co. Ltd., Class H(b)

    875,500       4,913,463  

BYD Electronic International Co. Ltd.(b)

    1,811,500       3,468,283  

Caitong Securities Co. Ltd., Class A

     2,498,387       3,466,398  

China CITIC Bank Corp. Ltd., Class H

     8,148,000       3,542,609  

China Construction Bank Corp., Class H

     51,551,000       40,503,882  

China Eastern Airlines Corp. Ltd.,
Class A(a)

    5,327,900       3,093,725  

China Everbright Bank Co. Ltd., Class H

     17,968,000       7,278,999  

China Everbright International Ltd.

     5,414,666       2,780,334  

China Gas Holdings Ltd.

     1,330,600       4,652,207  

China International Capital Corp. Ltd., Class H(a)(c)

    3,304,800       5,346,690  

China Lesso Group Holdings Ltd.

     4,748,000       5,733,619  
Security   Shares     Value  
China (continued)            

China Life Insurance Co. Ltd., Class H

     3,711,000     $ 6,951,841  

China Mengniu Dairy Co. Ltd.

     1,131,000       4,041,891  

China Merchants Bank Co. Ltd., Class H

     4,993,500       23,385,892  

China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A

     3,509,657       7,852,908  

China Minsheng Banking Corp. Ltd., Class H

     17,865,000       12,423,216  

China Mobile Ltd.

     3,356,500       23,427,513  

China Molybdenum Co. Ltd., Class A

     5,897,100       2,815,120  

China Molybdenum Co. Ltd., Class H

     14,208,000       4,362,668  

China Overseas Land & Investment Ltd.

     1,391,000       4,235,273  

China Overseas Property Holdings Ltd.

     2,585,000       2,924,842  

China Pacific Insurance Group Co. Ltd., Class H

     1,763,600       4,846,430  

China Petroleum & Chemical Corp., Class H

     9,654,000       4,471,405  

China Resources Land Ltd.

     1,116,000       4,398,632  

China Tower Corp. Ltd., Class H(c)

    22,554,000       4,539,316  

China TransInfo Technology Co. Ltd., Class A

     930,109       2,876,974  

China Vanke Co. Ltd., Class H

     1,238,100       4,017,316  

CNOOC Ltd.

     8,645,000       9,625,384  

Country Garden Services Holdings Co. Ltd.

     2,189,000       10,251,671  

CSPC Pharmaceutical Group Ltd.

     2,716,000       5,319,169  

ENN Energy Holdings Ltd.

     328,700       3,833,632  

Eve Energy Co. Ltd., Class A(a)

    469,824       4,258,071  

Everbright Securities Co. Ltd., Class A

     2,226,197       3,396,378  

Fosun International Ltd.

     9,042,500       11,607,905  

Founder Securities Co. Ltd., Class A

     3,833,081       3,702,426  

Geely Automobile Holdings Ltd.

     8,300,000       11,350,793  

Genscript Biotech Corp.(a)

    1,662,000       3,645,207  

Glodon Co. Ltd., Class A

     620,985       4,970,168  

GoerTek Inc., Class A

     1,093,600       3,242,241  

Greentown Service Group Co. Ltd.

     3,986,000       5,317,409  

Guangzhou Automobile Group Co. Ltd., Class H

     3,897,200       3,202,834  

Huadong Medicine Co. Ltd., Class A

     1,239,880       3,919,947  

Huaxia Bank Co. Ltd., Class A

     8,577,732       7,626,832  

Hutchison China MediTech Ltd., ADR(a)

    140,736       3,069,452  

Industrial & Commercial Bank of China Ltd., Class H

     23,826,000       15,369,630  

Industrial Bank Co. Ltd., Class A

     1,954,568       4,392,472  

Innovent Biologics Inc.(a)(c)

    539,000       2,941,517  

JD.com Inc., ADR(a)

    424,180       23,045,699  

Kingboard Laminates Holdings Ltd.

     3,439,000       2,994,872  

Kingdee International Software Group Co. Ltd.

     4,385,000       7,693,975  

Kingsoft Corp. Ltd.(a)

    813,000       2,627,487  

Kweichow Moutai Co. Ltd., Class A

     23,700       4,520,870  

Legend Holdings Corp., Class H(c)

    4,710,300       5,700,247  

Lenovo Group Ltd.

     13,484,000       7,323,912  

Li Ning Co. Ltd.

     953,000       3,196,749  

Longfor Group Holdings Ltd.(c)

    668,000       3,025,003  

Meituan Dianping, Class B(a)

    2,135,000       40,408,270  

NetEase Inc., ADR

     38,674       14,808,275  

New Oriental Education & Technology Group Inc., ADR(a)

    61,814       7,415,207  

NIO Inc., ADR(a)(b)

    856,228       3,407,787  

Orient Securities Co. Ltd., Class A

     2,575,172       3,296,157  

Pinduoduo Inc., ADR(a)(b)

    189,726       12,686,978  

Ping An Healthcare and Technology Co.
Ltd.(a)(c)

    370,000       4,873,823  

Ping An Insurance Group Co. of China Ltd., Class A

     338,900       3,344,912  

Ping An Insurance Group Co. of China Ltd., Class H

     4,284,000           42,281,770  

Semiconductor Manufacturing International Corp.(a)

    1,753,500       3,809,694  

Shanghai Pharmaceuticals Holding Co. Ltd., Class A

     1,440,879       3,579,974  

Shanghai Pharmaceuticals Holding Co. Ltd., Class H

     5,754,800       9,102,548  

Shanghai Pudong Development Bank Co. Ltd., Class A

     2,296,892       3,388,815  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® ESG MSCI EM ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
China (continued)            

Shenzhen Inovance Technology Co. Ltd., Class A

     1,201,400     $ 5,756,967  

Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A

     83,200       3,237,788  

Shenzhou International Group Holdings Ltd.

     740,400       8,802,459  

Shimao Property Holdings Ltd.

     716,500       2,976,558  

Shui On Land Ltd.

     23,331,500       3,852,964  

Sino Biopharmaceutical Ltd.

     3,867,000       6,086,621  

Sinopharm Group Co. Ltd., Class H

     1,706,800       4,197,085  

Sinotrans Ltd., Class H

     700,000       144,498  

SOHO China Ltd.(a)

    14,700,500       4,950,110  

Sun Art Retail Group Ltd.

     1,973,000       3,018,937  

Sunac China Holdings Ltd.

     1,360,000       5,693,717  

Suning.com Co. Ltd., Class A

     6,663,038       8,156,506  

Sunny Optical Technology Group Co. Ltd.

     516,200       6,819,621  

TAL Education Group, ADR(a)

    194,966       11,007,780  

TCL Technology Group Corp., Class A

     7,655,662       5,578,090  

Tencent Holdings Ltd.

     3,611,000       191,195,252  

Tencent Music Entertainment Group, ADR(a)

    250,000       3,230,000  

TravelSky Technology Ltd., Class H

     1,839,000       3,691,761  

Trip.com Group Ltd., ADR(a)(b)

    242,269       6,437,087  

Unisplendour Corp. Ltd., Class A

     951,944       5,085,131  

Vipshop Holdings Ltd., ADR(a)

    412,419       7,151,346  

Wanda Film Holding Co. Ltd., Class A(a)

    1,488,560       3,355,608  

Wuliangye Yibin Co. Ltd., Class A

     146,300       3,026,390  

WuXi AppTec Co. Ltd., Class A

     260,664       3,874,922  

WuXi AppTec Co. Ltd., Class H(c)

    468,400       4,955,335  

Wuxi Biologics Cayman Inc.(a)(c)

    976,500       15,344,820  

Xiaomi Corp., Class B(a)(c)

    5,200,400       8,064,612  

Xinjiang Goldwind Science & Technology Co. Ltd., Class A

     2,285,000       3,023,617  

Xinjiang Goldwind Science & Technology Co. Ltd., Class H

     4,115,336       3,705,979  

Xinyi Solar Holdings Ltd.

     6,520,000       4,735,853  

Yihai International Holding Ltd.

     350,000       3,127,016  

Yum China Holdings Inc.

     177,582       8,229,150  

Yuzhou Properties Co. Ltd.

     21,554,000       8,815,144  

Zai Lab Ltd., ADR(a)

    40,788       3,034,627  

Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H

     5,481,600       4,490,796  
   

 

 

  
          1,224,139,206  
Colombia — 0.2%            

Ecopetrol SA

     5,764,211       3,089,394  

Interconexion Electrica SA ESP

     664,193       3,506,151  
   

 

 

  
      6,595,545  
Czech Republic — 0.1%            

Komercni Banka AS(a)

    212,457       4,556,215  
   

 

 

  
Greece — 0.1%            

Alpha Bank AE(a)

    1,958,628       1,209,167  

OPAP SA

     351,386       3,283,258  
   

 

 

  
      4,492,425  
Hungary — 0.4%            

MOL Hungarian Oil & Gas PLC

     2,019,971       12,780,566  
   

 

 

  
India — 8.4%            

Asian Paints Ltd.

     698,069       15,537,929  

Axis Bank Ltd.

     932,813       4,748,799  

Axis Bank Ltd., GDR(d)

    108,650       2,710,818  

Bajaj Finance Ltd.

     118,682       3,066,313  

Bandhan Bank Ltd.(c)

    1,063,267       3,067,485  
Security   Shares     Value  
India (continued)            

Bharat Petroleum Corp. Ltd.

     833,148     $ 3,777,007  

Bharti Airtel Ltd.(a)

    1,269,752       9,279,288  

Dabur India Ltd.

     2,137,473       13,185,318  

Eicher Motors Ltd.

     17,982       3,935,321  

HCL Technologies Ltd.

     1,142,176       8,311,472  

Hero MotoCorp Ltd.

     122,326       3,819,197  

Hindalco Industries Ltd.

     1,962,862       3,604,297  

Hindustan Unilever Ltd.

     713,172       19,403,824  

Housing Development Finance Corp. Ltd.

     1,309,829       28,735,561  

ICICI Bank Ltd.

     1,714,838       7,528,018  

Indian Oil Corp. Ltd.

     3,740,390       4,115,523  

Infosys Ltd.

     2,710,235       24,766,798  

Mahindra & Mahindra Ltd.

     476,443       2,749,355  

Mahindra & Mahindra Ltd., GDR

     959,287       5,410,379  

Marico Ltd.

     1,829,415       8,317,695  

Nestle India Ltd.

     60,616       14,061,172  

Power Grid Corp. of India Ltd.

     1,821,561       3,795,308  

REC Ltd.

     2,635,023       3,085,729  

Reliance Industries Ltd.

     1,308,529       25,341,244  

Reliance Industries Ltd., GDR(c)

    132,416       5,091,395  

Tata Consultancy Services Ltd.

     792,796       20,679,036  

Tata Steel Ltd.

     844,880       3,298,346  

Titan Co. Ltd.

     544,397       6,407,529  

UPL Ltd.

     687,307       3,688,937  

Wipro Ltd.

     1,467,116       4,128,772  
   

 

 

  
          265,647,865  
Indonesia — 1.4%            

Bank Central Asia Tbk PT

     9,457,700       16,798,584  

Bank Negara Indonesia Persero Tbk PT

     14,605,900       3,828,925  

Bank Rakyat Indonesia Persero Tbk PT

     52,492,600       10,599,122  

Kalbe Farma Tbk PT

     37,523,600       3,634,216  

Telekomunikasi Indonesia Persero Tbk PT

     24,891,300       5,366,707  

Unilever Indonesia Tbk PT

     7,763,900       4,118,428  
   

 

 

  
      44,345,982  
Malaysia — 2.5%            

AMMB Holdings Bhd

     5,000,700       3,646,284  

Axiata Group Bhd

     4,644,200       4,059,335  

Malayan Banking Bhd

     4,653,800       8,028,407  

Maxis Bhd(b)

    6,644,800       8,070,050  

Nestle Malaysia Bhd

     514,900       16,462,588  

Petronas Dagangan Bhd

     1,096,900       5,924,143  

Public Bank Bhd

     4,820,400       16,254,644  

RHB Bank Bhd

     6,809,800       7,471,592  

Sime Darby Plantation Bhd

     5,156,800       5,883,319  

Telekom Malaysia Bhd(b)

    3,294,700       3,205,654  
   

 

 

  
      79,006,016  
Mexico — 1.7%            

Arca Continental SAB de CV

     712,300       3,183,660  

Cemex SAB de CV, CPO, NVS

     21,314,100       5,056,497  

Coca-Cola Femsa SAB de CV

     1,734,800       7,587,582  

Fomento Economico Mexicano SAB de CV

     550,300       3,729,052  

Grupo Financiero Banorte SAB de CV, Class O

     2,431,100       7,387,859  

Infraestructura Energetica Nova SAB de CV

     4,326,300       12,304,582  

Wal-Mart de Mexico SAB de CV

     5,441,100       13,609,051  
   

 

 

  
      52,858,283  
Peru — 0.1%            

Credicorp Ltd.

     23,594       3,251,725  
   

 

 

  
 

 

 

2   

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® ESG MSCI EM ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Philippines — 0.6%            

BDO Unibank Inc.

     5,014,510     $ 9,945,808  

Globe Telecom Inc.

     98,110       4,446,154  

SM Prime Holdings Inc.

     5,854,000       3,486,727  
   

 

 

  
      17,878,689  
Poland — 0.8%            

Bank Polska Kasa Opieki SA

     250,720       3,291,005  

CD Projekt SA

     32,839       3,311,620  

KGHM Polska Miedz SA(a)

    358,368       7,721,890  

Polski Koncern Naftowy ORLEN SA

     456,726       7,614,761  

Santander Bank Polska SA(a)

    81,909       3,330,200  
   

 

 

  
      25,269,476  
Qatar — 0.7%            

Qatar Fuel QSC

     147,828       645,925  

Qatar National Bank QPSC

     4,279,794       20,663,815  
   

 

 

  
      21,309,740  
Russia — 3.5%            

Gazprom PJSC

     5,815,128       16,459,715  

Gazprom PJSC, ADR

     579,236       3,217,077  

LUKOIL PJSC

     406,037       30,133,229  

Novatek PJSC, GDR(d)

    96,187       13,918,259  

Novolipetsk Steel PJSC

     3,310,410       6,455,748  

Polymetal International PLC

     392,120       7,846,147  

Polyus PJSC

     56,546       9,343,853  

Rosneft Oil Co. PJSC

     157,750       840,098  

Rosneft Oil Co. PJSC, GDR(d)

    391,780       2,038,823  

Sberbank of Russia PJSC

     6,323,820       17,948,803  

Surgutneftegas PJSC

     5,602,927       3,141,676  
   

 

 

  
      111,343,428  
Saudi Arabia — 2.7%            

Al Rajhi Bank

     541,524       8,280,868  

Almarai Co. JSC

     434,427       5,797,993  

Arab National Bank

     583,972       3,139,792  

Bank AlBilad

     530,019       3,132,370  

Banque Saudi Fransi

     951,300       7,700,631  

National Commercial Bank

     788,987       8,029,034  

Samba Financial Group

     704,609       4,516,951  

Saudi Arabian Mining Co.(a)

    672,252       6,136,864  

Saudi Arabian Oil Co.(c)

    854,608       7,673,663  

Saudi Basic Industries Corp.

     1,057,000       23,871,237  

Saudi British Bank (The)

     565,116       3,521,235  

Savola Group (The)

     304,602       3,398,118  
   

 

 

  
      85,198,756  
Singapore — 0.2%            

BOC Aviation Ltd.(c)

    859,600       4,724,417  
   

 

 

  
South Africa — 4.1%            

Absa Group Ltd.

     769,947       3,546,311  

AngloGold Ashanti Ltd.

     172,757       4,159,809  

Bidvest Group Ltd. (The)

     365,859       3,151,291  

Clicks Group Ltd.

     452,571       5,975,236  

FirstRand Ltd.

     1,553,197       3,535,540  

Gold Fields Ltd.

     602,706       4,687,087  

Growthpoint Properties Ltd.

     5,745,396       4,067,191  

Impala Platinum Holdings Ltd.

     451,452       2,998,157  

Investec Ltd.

     343,038       591,723  

Kumba Iron Ore Ltd.

     254,583       6,849,531  

MultiChoice Group Ltd.(a)

    643,776       3,159,083  

Naspers Ltd., Class N

     275,197       43,525,287  

Nedbank Group Ltd.

     620,868       3,478,791  
Security   Shares     Value  
South Africa (continued)            

NEPI Rockcastle PLC

     939,990     $ 4,772,064  

Old Mutual Ltd.

     15,713,765       10,009,676  

Sibanye Stillwater Ltd.(a)

    1,388,494       2,549,451  

Standard Bank Group Ltd.

     1,422,722       8,200,050  

Vodacom Group Ltd.

     1,559,158       11,163,817  

Woolworths Holdings Ltd.

     2,134,827       3,502,039  
   

 

 

  
      129,922,134  
South Korea — 11.0%            

Amorepacific Corp.

     40,395       5,316,634  

AMOREPACIFIC Group

     84,023       3,921,458  

BNK Financial Group Inc.

     738,963       3,031,154  

Celltrion Inc.(a)

    34,659       5,974,966  

GS Holdings Corp.

     173,384       5,278,030  

Hana Financial Group Inc.

     136,612       3,281,688  

Hankook Tire & Technology Co. Ltd.

     164,782       3,120,140  

HLB Inc.(a)

    27,443       2,501,768  

Hyundai Marine & Fire Insurance Co. Ltd.

     165,257       3,235,885  

Kakao Corp.

     17,052       3,628,085  

KB Financial Group Inc.

     401,644       11,026,603  

LG Chem Ltd.

     47,759       15,059,057  

LG Corp.

     160,925       8,199,255  

LG Display Co. Ltd.(a)

    605,853       4,989,867  

LG Electronics Inc.

     234,609       11,233,650  

LG Household & Health Care Ltd.

     7,399       8,184,933  

LG Innotek Co. Ltd.

     37,839       4,506,643  

NAVER Corp.

     96,246       17,563,564  

NCSoft Corp.

     11,627       7,416,795  

POSCO

     93,941       13,729,518  

Samsung Biologics Co. Ltd.(a)(c)

    6,299       3,163,614  

Samsung Card Co. Ltd.

     122,956       2,933,788  

Samsung Electro-Mechanics Co. Ltd.

     36,998       3,734,305  

Samsung Electronics Co. Ltd.

     2,908,298       119,060,688  

Samsung Fire & Marine Insurance Co. Ltd.

     21,193       3,123,035  

Samsung SDI Co. Ltd.

     50,961       14,772,497  

Shinhan Financial Group Co. Ltd.

     575,729       14,016,092  

SK Holdings Co. Ltd.

     48,393       9,339,034  

SK Hynix Inc.

     271,616       17,874,524  

SK Innovation Co. Ltd.

     61,599       5,894,046  

SK Telecom Co. Ltd.

     49,115       8,566,224  

S-Oil Corp.

     89,378       5,102,366  
   

 

 

  
      348,779,906  
Taiwan — 12.7%            

Acer Inc.

     13,343,000       7,265,880  

ASE Technology Holding Co. Ltd.

     1,650,186       3,396,553  

Catcher Technology Co. Ltd.

     453,000       3,289,059  

Cathay Financial Holding Co. Ltd.

     13,265,110       17,694,177  

Chailease Holding Co. Ltd.

     1,253,300       4,862,929  

China Steel Corp.

     5,407,000       3,565,648  

Chunghwa Telecom Co. Ltd.

     3,585,000       13,193,755  

CTBC Financial Holding Co. Ltd.

     17,213,000       11,437,114  

Delta Electronics Inc.

     2,363,000       10,860,749  

E.Sun Financial Holding Co. Ltd.

     18,847,390       16,728,824  

Eva Airways Corp.

     9,422,000       3,451,857  

Far Eastern New Century Corp.

     6,342,000       5,681,925  

Far EasTone Telecommunications Co. Ltd.

     2,101,000       4,527,384  

First Financial Holding Co. Ltd.

     18,204,000       13,853,835  

Fubon Financial Holding Co. Ltd.

     13,573,000       19,167,201  

Hiwin Technologies Corp.

     353,050       3,603,991  

Hon Hai Precision Industry Co. Ltd.

     3,456,000       8,724,889  
 

 

 

     3  

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® ESG MSCI EM ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Taiwan (continued)            

Hotai Motor Co. Ltd.

     347,000     $ 6,194,571  

Inventec Corp.

     7,497,000       6,092,483  

Lite-On Technology Corp.

     4,641,039       7,434,937  

MediaTek Inc.

     664,000       10,239,201  

President Chain Store Corp.

     1,344,000       13,227,377  

Taishin Financial Holding Co. Ltd.

     38,908,054       16,846,118  

Taiwan Business Bank

     23,461,500       8,282,828  

Taiwan Mobile Co. Ltd.

     1,077,000       3,856,037  

Taiwan Semiconductor Manufacturing Co. Ltd.

     16,228,000       157,821,016  

Tatung Co. Ltd.(a)

    4,691,000       3,241,907  

Win Semiconductors Corp.

     401,000       3,432,373  

Wistron Corp.

     9,429,768       8,982,227  

Yuanta Financial Holding Co. Ltd.

     8,052,000       4,357,868  
   

 

 

  
      401,314,713  
Thailand — 2.6%            

Advanced Info Service PCL, NVDR

     545,900       3,303,545  

Airports of Thailand PCL, NVDR

     1,661,900       3,239,164  

Bangkok Dusit Medical Services PCL, NVDR

     4,817,100       3,407,254  

BTS Group Holdings PCL, NVDR

     15,141,700       5,759,653  

Central Pattana PCL, NVDR

     2,035,000       3,150,699  

Home Product Center PCL, NVDR

     6,829,700       3,177,603  

Intouch Holdings PCL, NVDR

     1,890,300       3,194,078  

Kasikornbank PCL

     1,057,000       3,231,476  

Kasikornbank PCL, NVDR

     1,747,500       5,273,813  

Minor International PCL, NVDR(a)

    9,337,300       5,459,723  

PTT Exploration & Production PCL, NVDR

     1,912,600       5,050,563  

PTT PCL, NVDR

     10,672,800       11,910,858  

Siam Cement PCL (The), NVDR

     1,296,900       13,984,178  

Siam Commercial Bank PCL (The), NVDR

     3,863,800       8,988,406  

Total Access Communication PCL, NVDR

     2,776,100       3,883,573  
   

 

 

  
      83,014,586  
Turkey — 0.4%            

Anadolu Efes Biracilik Ve Malt Sanayii AS(a)

    939,752       2,554,130  

Arcelik AS(a)

    608,152       1,405,931  

Eregli Demir ve Celik Fabrikalari TAS

     2,671,956       3,153,155  

Turkcell Iletisim Hizmetleri AS

     2,452,636       5,091,157  
   

 

 

  
      12,204,373  
United Arab Emirates — 0.6%            

Abu Dhabi Commercial Bank PJSC

     6,165,503       7,385,545  

First Abu Dhabi Bank PJSC

     4,214,259       12,712,247  
   

 

 

  
      20,097,792  
   

 

 

  

Total Common Stocks — 97.9%
(Cost: $3,230,156,359)

           3,099,741,327  
   

 

 

  

Preferred Stocks

 

Brazil — 1.3%            

Banco Bradesco SA, Preference Shares, NVS

     2,904,271       10,133,477  

Cia. Energetica de Minas Gerais, Preference Shares, NVS

     4,261,582       8,474,358  

Itau Unibanco Holding SA, Preference Shares, NVS

     2,432,510       10,319,278  

Itausa-Investimentos Itau SA, Preference Shares, NVS

     2,582,131       4,212,348  
Security   Shares     Value  
Brazil (continued)            

Telefonica Brasil SA, Preference Shares, NVS

     768,400     $ 6,669,436  
   

 

 

  
      39,808,897  
Colombia — 0.1%            

Bancolombia SA, Preference Shares, NVS

     530,108       3,512,204  
   

 

 

  
South Korea — 0.7%            

LG Household & Health Care Ltd., Preference Shares, NVS

     5,651       3,262,518  

Samsung Electronics Co. Ltd., Preference Shares, NVS

     594,756       20,578,380  
   

 

 

  
      23,840,898  
   

 

 

  

Total Preferred Stocks — 2.1%
(Cost: $89,956,736)

       67,161,999  
   

 

 

  

Rights

 

Brazil — 0.0%  

Natura & Co. Holding SA,
(Expires 06/12/20)(a)

    65,556       60,111  
   

 

 

  
China — 0.0%            

Legend Holdings Corp., Class H,
(Expires 07/20/20)(a)(e)

    29,546       0 (f)  
   

 

 

  

Total Rights — 0.0%
(Cost: $0)

       60,111  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 1.2%  

BlackRock Cash Funds: Institutional,
SL Agency Shares,

    

0.69%(g)(h)(i)

    25,678,841       25,717,359  

BlackRock Cash Funds: Treasury,
SL Agency Shares,

    

0.16%(g)(h)

    11,080,000       11,080,000  
   

 

 

  
      36,797,359  
   

 

 

  

Total Short-Term Investments — 1.2%
(Cost: $36,780,998)

 

     36,797,359  
   

 

 

  

Total Investments in Securities — 101.2%
(Cost: $3,356,894,093)

 

     3,203,760,796  

Other Assets, Less Liabilities — (1.2)%

 

     (36,655,942 ) 
   

 

 

  

Net Assets — 100.0%

     $     3,167,104,854  
   

 

 

  

 

(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)

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

(e)

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

(f)

Rounds to less than $1.

(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.

 

 

 

4   

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® ESG MSCI EM ETF

 

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

      5,712,482        19,966,359        25,678,841      $ 25,717,359      $ 255,974 (b)     $ (4,061 )     $ 14,656  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      1,431,000        9,649,000        11,080,000        11,080,000        17,875        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 36,797,359      $ 273,849      $ (4,061 )     $ 14,656  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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 Emerging Markets E-Mini Index

      272          06/19/20        $ 12,687        $ 412,667  
                 

 

 

  

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

    $ 3,014,542,571        $ 85,198,756        $ —      $ 3,099,741,327  

Preferred Stocks

      67,161,999          —          —        67,161,999  

Rights

      60,111          —          0 (a)        60,111  

Money Market Funds

      36,797,359          —          —        36,797,359  
  

 

 

       

 

 

       

 

 

     

 

 

  
   $ 3,118,562,040        $ 85,198,756        $ 0 (a)      $ 3,203,760,796  
  

 

 

       

 

 

       

 

 

     

 

 

  

Derivative financial instruments(b)

               

Assets

                

Futures Contracts

    $ 412,667        $ —        $             —      $ 412,667  
  

 

 

       

 

 

       

 

 

     

 

 

  

 

  (a) 

Rounds to less than $1.

 
  (b) 

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

 

 

Portfolio Abbreviations — Equity
ADR    American Depositary Receipt
CPO    Certificates of Participation (Ordinary)
GDR    Global Depositary Receipt
JSC    Joint Stock Company
NVDR    Non-Voting Depositary Receipt
NVS    Non-Voting Shares

 

 

     5