NPORT-EX 2 NPORT_11629941101506186.htm iShares MSCI Germany ETF

Schedule of Investments  (unaudited)

May 31, 2020

   

iShares® MSCI Germany ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Aerospace & Defense — 0.7%  

MTU Aero Engines AG

     82,438     $ 13,287,311  
   

 

 

  
Air Freight & Logistics — 2.7%  

Deutsche Post AG, Registered

     1,535,933       47,803,672  
   

 

 

  
Airlines — 0.2%            

Deutsche Lufthansa AG, Registered(a)(b)

    371,244       3,775,217  
   

 

 

  
Auto Components — 0.9%  

Continental AG

     170,801       16,802,752  
   

 

 

  
Automobiles — 4.9%  

Bayerische Motoren Werke AG

     514,093       30,079,368  

Daimler AG, Registered(b)

    1,328,904       49,342,508  

Volkswagen AG

     50,400       7,983,288  
   

 

 

  
      87,405,164  
Banks — 0.3%            

Commerzbank AG(a)

    1,555,622       6,058,114  
   

 

 

  
Capital Markets — 4.1%            

Deutsche Bank AG, Registered(a)(b)

    3,048,613       25,538,549  

Deutsche Boerse AG

     295,012       48,534,340  
   

 

 

  
      74,072,889  
Chemicals — 6.9%            

BASF SE

     1,426,116       77,167,483  

Covestro AG(c)

    269,935       9,995,724  

Evonik Industries AG

     325,600       8,022,309  

LANXESS AG

     128,990       6,669,042  

Symrise AG

     199,762       21,864,989  
   

 

 

  
          123,719,547  
Construction & Engineering — 0.2%  

HOCHTIEF AG

     38,893       3,422,072  
   

 

 

  
Construction Materials — 0.6%            

HeidelbergCement AG

     231,059       11,470,730  
   

 

 

  
Diversified Telecommunication Services — 5.2%  

Deutsche Telekom AG, Registered(a)

    5,175,163       81,599,665  

Telefonica Deutschland Holding AG

     1,616,742       4,974,325  

United Internet AG, Registered(d)

    159,151       6,528,923  
   

 

 

  
      93,102,913  
Food & Staples Retailing — 0.2%  

METRO AG

     282,846       2,641,580  
   

 

 

  
Health Care Equipment & Supplies — 1.0%  

Carl Zeiss Meditec AG, Bearer(a)

    62,493       6,402,245  

Siemens Healthineers AG(c)

    232,133       11,997,868  
   

 

 

  
      18,400,113  
Health Care Providers & Services — 3.3%  

Fresenius Medical Care AG & Co. KGaA

     330,888       27,825,571  

Fresenius SE & Co. KGaA

     649,081       31,190,614  
   

 

 

  
      59,016,185  
Household Products — 0.7%  

Henkel AG & Co. KGaA

     161,353       12,931,601  
   

 

 

  
Independent Power and Renewable Electricity Producers — 0.5%  

Uniper SE

     312,523       9,768,538  
   

 

 

  
Industrial Conglomerates — 7.2%  

Siemens AG, Registered

     1,187,810       130,183,737  
   

 

 

  
Security   Shares     Value  
Insurance — 10.2%  

Allianz SE, Registered

     647,742     $ 117,314,335  

Hannover Rueck SE

     93,624       15,059,022  

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered

     224,081       50,997,858  
   

 

 

  
      183,371,215  
Interactive Media & Services — 0.7%  

Scout24 AG(c)

    167,070       12,776,516  
   

 

 

  
Internet & Direct Marketing Retail — 2.0%  

Delivery Hero SE(a)(c)

    198,755       19,053,108  

Zalando SE(a)(c)

    235,557       15,941,401  
   

 

 

  
      34,994,509  
IT Services — 1.1%            

Wirecard AG(b)

    182,266       19,171,425  
   

 

 

  
Life Sciences Tools & Services — 0.9%  

QIAGEN NV(a)

    358,407       15,671,869  
   

 

 

  
Machinery — 1.2%            

GEA Group AG

     238,211       7,098,651  

KION Group AG

     100,846       5,631,235  

Knorr-Bremse AG

     75,088       7,949,824  
   

 

 

  
      20,679,710  
Metals & Mining — 0.2%            

thyssenkrupp AG(a)

    628,290       4,235,201  
   

 

 

  
Multi-Utilities — 3.7%            

E.ON SE

     3,485,986       36,860,797  

RWE AG

     906,785       30,048,037  
   

 

 

  
      66,908,834  
Personal Products — 0.9%            

Beiersdorf AG

     156,511       16,410,189  
   

 

 

  
Pharmaceuticals — 7.0%            

Bayer AG, Registered

     1,525,403       103,028,561  

Merck KGaA

     200,673       23,024,990  
   

 

 

  
          126,053,551  
Real Estate Management & Development — 5.1%  

Aroundtown SA

     1,789,009       9,834,596  

Deutsche Wohnen SE

     530,602       23,738,443  

LEG Immobilien AG

     96,688       12,054,300  

Vonovia SE

     799,885       46,071,343  
   

 

 

  
      91,698,682  
Semiconductors & Semiconductor Equipment — 2.3%  

Infineon Technologies AG

     1,942,298       40,738,657  
   

 

 

  
Software — 12.2%            

Nemetschek SE

     80,839       6,375,415  

SAP SE

     1,608,541       203,080,990  

TeamViewer AG(a)

    201,850       10,273,267  
   

 

 

  
      219,729,672  
Textiles, Apparel & Luxury Goods — 4.9%  

adidas AG(a)

    295,625       78,000,451  

Puma SE(a)

    128,801       9,195,180  
   

 

 

  
      87,195,631  
Trading Companies & Distributors — 0.7%  

Brenntag AG

     239,891       12,651,010  
   

 

 

  
 

 

 

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Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Germany ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Transportation Infrastructure — 0.2%  

Fraport AG Frankfurt Airport Services Worldwide(a)(b)

    64,609     $ 3,206,741  
   

 

 

  

Total Common Stocks — 92.9%
(Cost: $2,310,790,458)

 

         1,669,355,547  
   

 

 

  

Preferred Stocks

    
Automobiles — 3.3%            

Bayerische Motoren Werke AG, Preference Shares, NVS

     87,826       4,042,545  

Porsche Automobil Holding SE, Preference Shares, NVS

     237,756       12,935,119  

Volkswagen AG, Preference Shares, NVS

     288,156       42,470,250  
   

 

 

  
      59,447,914  
Chemicals — 0.2%            

Fuchs Petrolub SE, Preference Shares, NVS

     107,912       4,299,685  
   

 

 

  
Health Care Equipment & Supplies — 1.2%  

Sartorius AG, Preference Shares, NVS

     55,226       20,480,967  
   

 

 

  
Household Products — 1.4%  

Henkel AG & Co. KGaA, Preference Shares, NVS

     276,632       24,703,077  
   

 

 

  
Total Preferred Stocks — 6.1%
(Cost: $153,120,798)		         108,931,643  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 4.5%            

BlackRock Cash Funds: Institutional,
SL Agency Shares, 0.69%(e)(f)(g)

    80,453,738       80,574,419  
Security   Shares     Value  
Money Market Funds (continued)  

BlackRock Cash Funds: Treasury,
SL Agency Shares, 0.16%(e)(f)

    984,000     $ 984,000  
   

 

 

  
      81,558,419  
   

 

 

  

Total Short-Term Investments — 4.5%
(Cost: $81,473,025)

 

     81,558,419  
   

 

 

  

Total Investments in Securities — 103.5%
(Cost: $2,545,384,281)

 

     1,859,845,609  

Other Assets, Less Liabilities — (3.5)%

 

     (63,466,336 ) 
   

 

 

  

Net Assets — 100.0%

 

   $   1,796,379,273  
   

 

 

  

 

(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) 

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

      39,070,907        41,382,831        80,453,738      $ 80,574,419      $ 589,095 (b)     $ 1,527      $ 81,133  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      839,000        145,000        984,000        984,000        9,835        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 81,558,419      $ 598,930      $ 1,527      $ 81,133  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

            

DAX Index

      43        06/19/20      $ 13,874      $ 810,643  
           

 

 

  

 

 

2   

Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Germany 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

    $ 1,669,355,547        $ —        $ —        $ 1,669,355,547  

Preferred Stocks

      108,931,643          —          —          108,931,643  

Money Market Funds

      81,558,419          —          —          81,558,419  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 1,859,845,609        $             —        $             —        $ 1,859,845,609  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 810,643        $ —        $ —        $ 810,643  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

 

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