NPORT-EX 2 NPORT_5619434850633422.htm iShares MSCI Brazil ETF

Schedule of Investments (unaudited)

November 30, 2020

   

iShares® MSCI Brazil ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Banks — 3.8%            

Banco Bradesco SA

     16,487,622     $ 66,273,129  

Banco do Brasil SA

     15,301,287       96,191,450  

Banco Santander Brasil SA

     7,925,875       57,610,354  
   

 

 

  
        220,074,933  
Beverages — 3.3%            

Ambev SA

     71,854,455       186,501,542  
   

 

 

  
Capital Markets — 6.4%            

B3 SA - Brasil, Bolsa, Balcao

     30,953,577       322,572,576  

Banco BTG Pactual SA

     2,996,600       44,074,274  
   

 

 

  
      366,646,850  
Containers & Packaging — 1.1%            

Klabin SA

     13,075,700       60,885,522  
   

 

 

  
Diversified Telecommunication Services — 1.2%  

Telefonica Brasil SA

     8,243,364       68,488,724  
   

 

 

  
Electric Utilities — 2.4%            

Centrais Eletricas Brasileiras SA

     5,807,096       33,487,445  

CPFL Energia SA

     3,260,500       18,977,688  

Energisa SA

     2,149,600       18,574,006  

Equatorial Energia SA

     16,573,200       67,047,897  
   

 

 

  
      138,087,036  
Electrical Equipment — 3.4%            

WEG SA

     14,315,981       195,543,518  
   

 

 

  
Food & Staples Retailing — 2.9%            

Atacadao SA

     8,703,800       32,496,944  

Cia Brasileira de Distribuicao

     3,181,864       40,909,385  

Raia Drogasil SA

     19,676,200       94,432,901  
   

 

 

  
      167,839,230  
Food Products — 2.2%            

BRF SA(a)

    10,856,950       44,406,229  

JBS SA

     19,663,407       84,514,518  
   

 

 

  
      128,920,747  
Health Care Providers & Services — 2.1%  

Hapvida Participacoes e Investimentos SA(b)

    13,253,800       35,483,564  

Notre Dame Intermedica Participacoes SA

     6,840,500       86,996,138  
   

 

 

  
      122,479,702  
Independent Power and Renewable Electricity Producers — 0.6%  

Engie Brasil Energia SA

     4,404,243       34,621,325  
   

 

 

  
Insurance — 1.9%            

BB Seguridade Participacoes SA

     12,883,695       68,315,648  

Sul America SA

     5,146,290       40,913,108  
   

 

 

  
      109,228,756  
Internet & Direct Marketing Retail — 0.9%  

B2W Cia. Digital(a)

    4,046,588       52,891,174  
   

 

 

  
Metals & Mining — 15.6%            

Cia. Siderurgica Nacional SA

     13,216,469       57,688,551  

Vale SA

     57,570,832       833,717,014  
   

 

 

  
      891,405,565  
Multiline Retail — 5.8%            

Lojas Renner SA

     14,110,509       117,051,612  

Magazine Luiza SA

     49,600,800       215,305,312  
   

 

 

  
      332,356,924  
Security   Shares     Value  
Oil, Gas & Consumable Fuels — 6.3%            

Cosan SA

     3,145,950     $ 45,289,671  

Petroleo Brasileiro SA

     55,545,569       263,488,631  

Ultrapar Participacoes SA

     14,201,010       53,601,651  
   

 

 

  
      362,379,953  
Paper & Forest Products — 2.5%            

Suzano SA(a)

    13,413,930       140,710,349  
   

 

 

  
Personal Products — 2.5%            

Natura & Co. Holding SA(a)

    15,101,460       141,337,430  
   

 

 

  
Pharmaceuticals — 0.8%            

Hypera SA

     7,257,300       43,265,023  
   

 

 

  
Real Estate Management & Development — 0.5%  

Multiplan Empreendimentos Imobiliarios SA

     6,339,738       26,683,598  
   

 

 

  
Road & Rail — 3.8%            

Localiza Rent a Car SA

     10,822,637       135,068,214  

Rumo SA(a)

    23,612,090       83,117,853  
   

 

 

  
        218,186,067  
Software — 0.5%            

TOTVS SA

     5,468,300       27,157,993  
   

 

 

  
Specialty Retail — 1.4%            

Petrobras Distribuidora SA

     7,164,000       27,306,503  

Via Varejo SA(a)

    16,797,900       55,357,300  
   

 

 

  
      82,663,803  
Transportation Infrastructure — 1.0%            

CCR SA

     23,239,865       56,264,278  
   

 

 

  
Water Utilities — 0.9%            

Cia. de Saneamento Basico do Estado de Sao Paulo

     6,461,000       53,428,319  
   

 

 

  
Wireless Telecommunication Services — 0.7%  

TIM SA

     17,112,725       42,860,050  
   

 

 

  

Total Common Stocks — 74.5%
(Cost: $2,967,933,948)

         4,270,908,411  
   

 

 

  

Preferred Stocks

    
Banks — 14.3%            

Banco Bradesco SA, Preference Shares, NVS

     67,114,960       302,793,930  

Itau Unibanco Holding SA, Preference Shares, NVS

     74,356,447       394,274,227  

Itausa SA, Preference Shares, NVS

     61,185,927       120,187,352  
   

 

 

  
      817,255,509  
Electric Utilities — 1.7%            

Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS

     5,555,146       33,004,033  

Cia. Energetica de Minas Gerais, Preference Shares, NVS

     19,443,742       45,593,691  

Cia. Paranaense de Energia, Preference Shares, NVS

     1,475,200       18,698,310  
   

 

 

  
      97,296,034  
Metals & Mining — 1.9%            

Bradespar SA, Preference Shares, NVS

     2,301,300       24,823,952  

Gerdau SA, Preference Shares, NVS

     20,081,226       84,259,760  
   

 

 

  
      109,083,712  
Multiline Retail — 1.2%            

Lojas Americanas SA, Preference Shares, NVS

     16,185,517       68,905,230  
   

 

 

  
Oil, Gas & Consumable Fuels — 5.7%            

Petroleo Brasileiro SA, Preference Shares, NVS

     70,903,083       327,782,696  
   

 

 

  
 

 

 

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Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Brazil ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Textiles, Apparel & Luxury Goods — 0.3%  

Alpargatas SA, Preference Shares, NVS

     2,522,200     $ 18,801,246  
   

 

 

  

Total Preferred Stocks — 25.1%
(Cost: $1,205,572,051)

       1,439,124,427  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.2%            

BlackRock Cash Funds: Treasury,
SL Agency Shares,

0.04%(c)(d)

    9,400,000       9,400,000  
   

 

 

  

Total Short-Term Investments — 0.2%
(Cost: $9,400,000)

 

     9,400,000  
   

 

 

  

Total Investments in Securities — 99.8%
(Cost: $4,182,905,999)

 

       5,719,432,838  

Other Assets, Less Liabilities — 0.2%

 

     10,996,449  
   

 

 

  

Net Assets — 100.0%

     $ 5,730,429,287  
   

 

 

  

 

(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) 

Affiliate of the Fund.

(d) 

Annualized 7-day yield as of period-end.

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer   Value at
08/31/20		     Purchases
at Cost		     Proceeds
from Sales		     Net Realized
Gain (Loss)		     Change in
Unrealized
Appreciation
(Depreciation)		     Value at
11/30/20		     Shares
Held at
11/30/20		     Income    

Capital

Gain
Distributions
from
Underlying
Funds

  

BlackRock Cash Funds: Treasury, SL Agency Shares

   $ 7,890,000     $ 1,510,000 (a)    $ —     $ —     $ —     $ 9,400,000       9,400,000     $ 1,175     $ —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

  (a) 

Represents net amount purchased (sold).

 

Futures Contracts

 

Description      Number of
Contracts		        Expiration
Date		        Notional
Amount
(000)		      Value/
Unrealized
Appreciation
(Depreciation)		  
Long Contracts                                  

MSCI Brazil Index

        566          12/18/20        $25,282      $ 3,184,870  
                   

 

 

  

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.

 

 

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Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Brazil ETF

 

Fair Value Measurements (continued)

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 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

    $ 4,270,908,411        $ —        $ —        $ 4,270,908,411  

Preferred Stocks

      1,439,124,427          —          —          1,439,124,427  

Money Market Funds

      9,400,000          —          —          9,400,000  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 5,719,432,838        $ —        $ —        $ 5,719,432,838  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 3,184,870        $             —        $             —        $ 3,184,870  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a)

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

 

Portfolio Abbreviations - Equity

NVS    Non-Voting Shares

 

 

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