NPORT-EX 2 NPORT_11634002008706986.htm iShares MSCI Belgium ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® MSCI Belgium ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Air Freight & Logistics — 0.5%  

bpost SA(a)

    24,229     $ 159,281  
   

 

 

  
Banks — 8.2%            

KBC Group NV

     48,350       2,531,523  
   

 

 

  
Beverages — 22.2%            

Anheuser-Busch InBev SA/NV

     147,495       6,876,006  
   

 

 

  
Biotechnology — 10.2%            

Argenx SE(a)

    6,787       1,445,732  

Galapagos NV(a)

    8,477       1,728,878  
   

 

 

  
      3,174,610  
Capital Markets — 0.8%            

Gimv NV

     4,299       258,227  
   

 

 

  
Chemicals — 8.9%            

Recticel SA

     11,403       94,877  

Solvay SA

     14,713       1,120,744  

Tessenderlo Group SA(a)

    4,446       128,583  

Umicore SA

     31,623       1,401,405  
   

 

 

  
          2,745,609  
Construction & Engineering — 0.4%            

Cie. d’Entreprises CFE

     1,918       138,463  
   

 

 

  
Distributors — 1.0%            

D’ieteren SA/NV

     4,934       295,821  
   

 

 

  
Diversified Financial Services — 10.2%            

Ackermans & van Haaren NV(a)

    4,878       671,202  

Groupe Bruxelles Lambert SA

     16,261       1,315,353  

KBC Ancora

     8,673       289,615  

Sofina SA

     3,177       869,348  
   

 

 

  
      3,145,518  
Diversified Telecommunication Services — 2.1%  

Proximus SADP

     31,665       662,008  
   

 

 

  
Electric Utilities — 2.3%            

Elia Group SA/NV

     6,011       706,077  
   

 

 

  
Electronic Equipment, Instruments & Components — 1.2%  

Barco NV

     2,088       363,252  
   

 

 

  
Entertainment — 0.5%            

Kinepolis Group NV(a)

    3,499       144,592  
   

 

 

  
Equity Real Estate Investment Trusts (REITs) — 8.6%  

Aedifica SA

     5,167       552,336  

Befimmo SA

     5,218       216,498  

Cofinimmo SA

     5,094       693,556  

Intervest Offices & Warehouses NV

     5,090       123,711  

Montea CVA

     2,344       219,539  

Retail Estates NV

     2,469       162,312  

Warehouses De Pauw CVA

     26,751       705,377  
   

 

 

  
      2,673,329  
Food & Staples Retailing — 2.2%            

Colruyt SA

     11,486       694,783  
   

 

 

  
Health Care Equipment & Supplies — 0.5%  

Biocartis NV(a)(b)(c)

    14,970       81,761  

Ion Beam Applications(a)(c)

    7,578       64,822  
   

 

 

  
      146,583  
Security   Shares     Value  
Health Care Providers & Services — 1.0%            

Fagron

     13,404     $ 320,564  
   

 

 

  
Health Care Technology — 0.5%            

AGFA-Gevaert NV(a)

    36,155       145,183  
   

 

 

  
Insurance — 3.4%            

Ageas SA/NV

     30,639       1,045,273  
   

 

 

  
IT Services — 0.3%            

Econocom Group SA/NV

     39,631       87,285  
   

 

 

  
Media — 1.3%            

Telenet Group Holding NV

     9,855       404,067  
   

 

 

  
Metals & Mining — 0.6%            

Bekaert SA

     8,670       185,745  
   

 

 

  
Oil, Gas & Consumable Fuels — 1.4%            

Euronav NV

     37,802       378,441  

Exmar NV(a)(c)

    12,790       58,331  
   

 

 

  
      436,772  
Personal Products — 0.8%            

Ontex Group NV

     14,937       236,268  
   

 

 

  
Pharmaceuticals — 8.4%  

Mithra Pharmaceuticals SA(a)

    4,323       113,244  

UCB SA

     24,931       2,495,879  
   

 

 

  
      2,609,123  
Semiconductors & Semiconductor Equipment — 0.9%  

Melexis NV

     4,472       293,740  
   

 

 

  
Textiles, Apparel & Luxury Goods — 0.4%  

Sioen Industries NV

     2,856       57,025  

Van de Velde NV

     2,434       58,752  
   

 

 

  
      115,777  
Wireless Telecommunication Services — 0.4%  

Orange Belgium SA

     7,686       125,507  
   

 

 

  

Total Common Stocks — 99.2%
(Cost: $42,300,092)

       30,720,986  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 0.3%  

BlackRock Cash Funds: Institutional,
SL Agency Shares,

    

0.69%(d)(e)(f)

    61,707       61,800  

BlackRock Cash Funds: Treasury,
SL Agency Shares,

    

0.16%(d)(e)

    10,000       10,000  
   

 

 

  
      71,800  
   

 

 

  

Total Short-Term Investments — 0.3%
(Cost: $71,702)

 

     71,800  
   

 

 

  

Total Investments in Securities — 99.5%
(Cost: $42,371,794)

 

     30,792,786  

Other Assets, Less Liabilities — 0.5%

       167,112  
   

 

 

  

Net Assets — 100.0%

     $     30,959,898  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

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.

(c) 

All or a portion of this security is on loan.

 

 

 

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Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Belgium ETF

 

(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

      1,699,780        (1,638,073 )       61,707      $ 61,800      $ 25,021 (b)     $ (2,417 )     $ (318 ) 

BlackRock Cash Funds: Treasury, SL Agency Shares

      19,000        (9,000 )       10,000        10,000        205        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 71,800      $ 25,226      $ (2,417 )     $ (318 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

                  

Euro STOXX 50 Index

      6          06/19/20        $ 203        $ 10,391  
                 

 

 

  

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

    $ 30,720,986        $ —        $ —        $ 30,720,986  

Money Market Funds

      71,800          —          —          71,800  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 30,792,786        $ —        $ —        $ 30,792,786  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 10,391        $             —        $             —        $ 10,391  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a)

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

 

 

 

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