NPORT-EX 2 NPORT_476191342520875.htm iShares MSCI Sweden ETF

Schedule of Investments  (unaudited) 

May 31, 2020

   

iShares® MSCI Sweden ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Banks — 15.8%  

Nordea Bank Abp(a)

    1,343,477     $ 9,077,904  

Skandinaviska Enskilda Banken AB, Class A(a)

    703,649       6,105,337  

Svenska Handelsbanken AB, Class A(a)

    667,039       6,313,192  

Swedbank AB, Class A(a)

    392,807       4,921,374  
   

 

 

  
      26,417,807  
Building Products — 6.2%            

Assa Abloy AB, Class B

     415,564       8,414,218  

Nibe Industrier AB, Class B(a)

    91,346       2,027,034  
   

 

 

  
      10,441,252  
Capital Markets — 0.6%            

EQT AB(a)

    59,930       947,785  
   

 

 

  
Commercial Services & Supplies — 1.2%            

Securitas AB, Class B(a)

    147,506       1,954,562  
   

 

 

  
Communications Equipment — 6.6%            

Telefonaktiebolaget LM Ericsson, Class B

     1,211,148       11,012,833  
   

 

 

  
Construction & Engineering — 1.8%            

Skanska AB, Class B(a)

    152,915       3,053,965  
   

 

 

  
Diversified Financial Services — 9.6%            

Industrivarden AB, Class C(a)

    76,067       1,691,212  

Investor AB, Class B

     188,952       10,051,119  

Kinnevik AB, Class B

     100,748       2,535,187  

L E Lundbergforetagen AB, Class B(a)

    34,060       1,689,556  
   

 

 

  
      15,967,074  
Diversified Telecommunication Services — 2.3%  

Telia Co. AB

     1,114,396       3,819,427  
   

 

 

  
Electronic Equipment, Instruments & Components — 4.0%  

Hexagon AB, Class B(a)

    121,231       6,657,288  
   

 

 

  
Food & Staples Retailing — 1.2%            

ICA Gruppen AB

     44,342       2,082,368  
   

 

 

  
Hotels, Restaurants & Leisure — 1.4%            

Evolution Gaming Group AB(b)

    38,451       2,269,088  
   

 

 

  
Household Durables — 2.0%            

Electrolux AB, Series B

     107,866       1,765,441  

Husqvarna AB, Class B

     205,773       1,513,199  
   

 

 

  
      3,278,640  
Household Products — 4.8%            

Essity AB, Class B(a)

    245,756       8,109,803  
   

 

 

  
Industrial Conglomerates — 0.6%            

Investment AB Latour, Class B

     55,421       993,869  
   

 

 

  
Machinery — 26.2%            

Alfa Laval AB(a)

    141,775       2,858,576  

Atlas Copco AB, Class A

     278,632           10,922,395  
Security   Shares     Value  
Machinery (continued)            

Atlas Copco AB, Class B

     161,552     $ 5,698,193  

Epiroc AB, Class A

     291,864       3,239,886  

Epiroc AB, Class B

     168,099       1,872,258  

Sandvik AB(a)

    437,502       7,241,880  

SKF AB, Class B

     171,072       3,138,686  

Volvo AB, Class B

     616,520       8,722,472  
   

 

 

  
      43,694,346  
Metals & Mining — 1.6%        

Boliden AB

     123,461       2,676,768  
   

 

 

  
Oil, Gas & Consumable Fuels — 1.2%        

Lundin Energy AB

     85,905       2,070,473  
   

 

 

  
Paper & Forest Products — 1.4%            

Svenska Cellulosa AB SCA, Class B(a)

    182,387       2,275,396  
   

 

 

  
Specialty Retail — 3.2%            

Hennes & Mauritz AB, Class B(c)

    349,492       5,274,840  
   

 

 

  
Tobacco — 3.1%            

Swedish Match AB

     73,866       5,126,038  
   

 

 

  
Wireless Telecommunication Services — 1.7%  

Millicom International Cellular SA, SDR

     4,293       103,196  

Tele2 AB, Class B

     212,251       2,823,748  
   

 

 

  
      2,926,944  
   

 

 

  

Total Common Stocks — 96.5%
(Cost: $205,680,768)

 

     161,050,566  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 1.3%        

BlackRock Cash Funds: Institutional,
SL Agency Shares,

    

0.69%(d)(e)(f)

    2,184,787       2,188,065  
   

 

 

  

Total Short-Term Investments — 1.3%
(Cost: $2,187,995)

 

     2,188,065  
   

 

 

  

Total Investments in Securities — 97.8%
(Cost: $207,868,763)

 

     163,238,631  

Other Assets, Less Liabilities — 2.2%

 

     3,730,400  
   

 

 

  

Net Assets — 100.0%

 

   $     166,969,031  
   

 

 

  

 

(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.

(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.

 

 

 

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Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Sweden 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

      —        2,184,787        2,184,787      $ 2,188,065      $ 961 (b)     $ 8      $ 70  

BlackRock Cash Funds: Treasury, SL Agency Shares

      78,000        (78,000 )       —        —        1,452        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 2,188,065      $ 2,413      $ 8      $ 70  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (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

                  

OMXS 30 Index

      340          06/18/20        $ 5,877        $ 251,289  
                 

 

 

  

Forward Foreign Currency Exchange Contracts

 

Currency

Purchased

        Currency
Sold		        Counterparty      Settlement Date       

Unrealized

Appreciation

(Depreciation)

  
USD     883,032        EUR     786,934        SCB        06/18/20        $ 7,410  
                       

 

 

  
USD     127,426        EUR     117,103        SCB        06/18/20          (2,875 ) 
USD     7,963,844        SEK     77,139,463        SCB        06/18/20          (227,685 ) 
                       

 

 

  
                          (230,560 ) 
                       

 

 

  
    Net unrealized depreciation        $ (223,150 ) 
                       

 

 

  

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

    $ 161,050,566        $ —        $ —        $ 161,050,566  

Money Market Funds

      2,188,065          —          —          2,188,065  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 163,238,631        $ —        $             —        $ 163,238,631  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 251,289        $ —        $ —        $ 251,289  

Forward Foreign Currency Exchange Contracts

      —          7,410          —          7,410  

Liabilities

                  

Forward Foreign Currency Exchange Contracts

      —          (230,560 )         —          (230,560 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 251,289        $ (223,150 )       $ —        $ 28,139  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

 

 

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Schedule of Investments  (unaudited) (continued)

May 31, 2020

   

iShares® MSCI Sweden ETF

 

Portfolio Abbreviations — Equity
SDR    Swedish Depositary Receipt

 

Currency Abbreviations
EUR    Euro
SEK    Swedish Krona
USD    United States Dollar
Counterparty Abbreviations
SCB    Standard Chartered Bank
 

 

 

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