NPORT-EX 2 NPORT_5622889697232659.htm iShares MSCI Frontier 100 ETF

Schedule of Investments (unaudited) 

November 30, 2020

   

iShares® MSCI Frontier 100 ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Bahrain — 8.0%            

Ahli United Bank BSC

     32,203,501     $ 24,848,868  

Aluminium Bahrain BSC

     874,831       1,120,656  

Bahrain Telecommunications Co. BSC

     2,399,920       3,812,630  

GFH Financial Group BSC

     10,403,673       1,622,940  

Ithmaar Holding BSC(a)(b)

    7,341,331       518,946  
   

 

 

  
      31,924,040  
Bangladesh — 5.9%            

Bangladesh Export Import Co. Ltd.

     4,310,470       1,235,121  

Beximco Pharmaceuticals Ltd.

     2,218,502       3,751,350  

BRAC Bank Ltd.

     4,541,647       2,463,484  

City Bank Ltd. (The)

     3,886,112       1,099,778  

GrameenPhone Ltd.

     636,775       2,396,025  

LafargeHolcim Bangladesh Ltd.

     2,747,899       1,172,973  

National Bank Ltd.

     12,360,941       991,149  

Olympic Industries Ltd.

     900,323       1,864,238  

Square Pharmaceuticals Ltd.

     3,393,371       7,358,539  

Summit Power Ltd.

     2,505,606       1,087,274  
   

 

 

  
      23,419,931  
Croatia — 0.4%            

Valamar Riviera DD(b)

    387,749       1,713,245  
   

 

 

  
Estonia — 0.8%            

LHV Group AS

     84,073       1,810,225  

Tallink Grupp AS(b)

    1,707,627       1,417,608  

Tallinna Sadam AS(c)

    20,484       44,840  
   

 

 

  
      3,272,673  
Jordan — 1.4%            

Arab Bank PLC(b)

    471,798       2,688,384  

Jordan Islamic Bank(b)

    310,660       1,231,248  

Jordan Petroleum Refinery Co.

     425,368       1,469,889  
   

 

 

  
      5,389,521  
Kazakhstan — 3.1%            

Halyk Savings Bank of Kazakhstan JSC,
GDR(d)

    596,064       7,063,358  

NAC Kazatomprom JSC, GDR

     370,911       5,248,391  
   

 

 

  
      12,311,749  
Kenya — 8.2%            

East African Breweries Ltd.

     2,339,034       3,250,429  

Equity Group Holdings PLC/Kenya(b)

    16,776,066       5,272,043  

KCB Group Ltd.

     15,269,216       5,131,344  

Safaricom PLC

     63,473,405       18,851,774  
   

 

 

  
      32,505,590  
Kuwait — 22.1%            

Agility Public Warehousing Co. KSC

     2,680,405       5,635,117  

ALAFCO Aviation Lease & Finance Co. KSCP

     1,006,589       559,490  

Alimtiaz Investment Group KSC(b)

    2,278,064       722,486  

Boubyan Bank KSCP

     1,892,730       3,638,794  

Boubyan Petrochemicals Co. KSCP

     962,820       1,800,664  

Burgan Bank SAK

     1,967,571       1,267,325  

Gulf Bank KSCP

     3,665,047       2,516,462  

Humansoft Holding Co. KSC(b)

    220,057       2,446,996  

Integrated Holding Co. KCSC

     405,564       476,042  

Jazeera Airways Co. KSC(b)

    228,660       460,535  

Kuwait Finance House KSCP

     7,267,287       16,157,447  

Kuwait International Bank KSCP

     1,428,582       980,880  

Kuwait Projects Co. Holding KSCP

     1,649,983       803,817  

Mabanee Co. KPSC

     1,336,751       2,727,261  

Mezzan Holding Co. KSCC

     248,185       477,138  
Security   Shares     Value  
Kuwait (continued)            

Mobile Telecommunications Co. KSC

     5,139,145     $ 9,762,443  

National Bank of Kuwait SAKP

     12,483,424       34,285,029  

National Industries Group Holding SAK

     2,531,214       1,464,852  

National Real Estate Co. KPSC(b)

    2,184,588       517,130  

Warba Bank KSCP(b)

    1,890,303       1,508,040  
   

 

 

  
      88,207,948  
Lithuania — 0.0%            

Siauliu Bankas AB(b)

    264,069       142,461  
   

 

 

  
Mauritius — 0.3%            

Lighthouse Capital Ltd.(e)

    3,004,120       1,232,609  
   

 

 

  
Morocco — 11.6%            

Attijariwafa Bank(b)

    246,365       11,113,762  

Banque Centrale Populaire

     158,088       4,261,507  

Ciments du Maroc

     20,787       3,545,045  

Co. Sucrerie Marocaine et de Raffinage

     166,708       3,888,576  

Hightech Payment Systems SA

     115       73,894  

Label Vie

     7,205       2,497,139  

Maroc Telecom

     1,080,758       17,057,966  

Societe d’Exploitation des Ports

     129,048       2,785,791  

TOTAL Maroc SA

     8,267       966,895  
   

 

 

  
      46,190,575  
Nigeria — 7.9%            

Access Bank PLC

     101,166,493       1,863,023  

Afriland Properties PLC(b)

    8,020       34  

Dangote Cement PLC

     14,756,551       6,477,715  

FBN Holdings PLC

     95,143,544       1,466,881  

Guaranty Trust Bank PLC

     83,793,514       5,957,055  

MTN Nigeria Communications PLC

     14,286,260       4,747,811  

Nestle Nigeria PLC

     1,593,880       4,778,227  

United Bank for Africa PLC

     97,653,005       1,735,589  

Zenith Bank PLC

     90,720,921       4,662,317  
   

 

 

  
      31,688,652  
Oman — 3.7%            

Bank Dhofar SAOG

     39,196       10,384  

Bank Muscat SAOG

     7,789,434       7,850,131  

Bank Nizwa SAOG(b)

    5,534,567       1,408,799  

Oman Telecommunications Co. SAOG

     1,725,324       3,029,400  

Ooredoo

     1,645,273       1,683,734  

Sohar International Bank SAOG

     3,199,742       806,169  
   

 

 

  
      14,788,617  
Romania — 8.3%            

Banca Transilvania SA

     26,044,329       14,036,191  

BRD-Groupe Societe Generale SA(b)

    1,234,290       4,036,668  

OMV Petrom SA

     67,719,056       5,910,879  

Societatea Energetica Electrica SA

     843,140       2,535,931  

Societatea Nationala de Gaze Naturale ROMGAZ SA

     684,743       4,699,060  

Transelectrica SA

     5,933       36,855  

Transgaz SA Medias

     27,781       1,978,097  
   

 

 

  
      33,233,681  
Sri Lanka — 1.2%            

Commercial Bank of Ceylon PLC

     187,510       79,525  

John Keells Holdings PLC

     4,498,041       3,587,781  

Sampath Bank PLC

     1,345,461       910,250  
   

 

 

  
      4,577,556  
Vietnam — 14.4%            

An PHAT Holdings JSC

     50,670       198,367  

Bank for Foreign Trade of Vietnam JSC

     934,680       3,756,087  
 

 

 

    

   1

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Frontier 100 ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Vietnam (continued)            

Bank for Investment and Development of Vietnam JSC

     416,950     $ 751,294  

Bao Viet Holdings

     168,110       399,527  

Ho Chi Minh City Development Joint Stock Commercial Bank(b)

    1,220,292       1,160,049  

Hoa Phat Group JSC

     4,424,106       6,786,465  

Hoa Sen Group

     202,190       157,261  

Hoang Huy Investment Financial Services JSC

     511,330       430,850  

KIDO Group Corp.

     113,820       176,810  

Kinh Bac City Development Share Holding Corp.

     652,220       446,697  

Masan Group Corp.(b)

    1,216,080       4,308,893  

No Va Land Investment Group Corp.(b)

    565,820       1,481,633  

PetroVietnam Gas JSC

     160,200       578,014  

PetroVietnam Power Corp.

     1,215,140       530,319  

PetroVietnam Technical Services Corp.

     570,798       362,568  

Phat Dat Real Estate Development Corp.

     102,100       182,428  

Saigon - Hanoi Commercial Joint Stock
Bank(b)

    1,041,300       764,917  

Saigon Beer Alcohol Beverage Corp.

     154,480       1,278,294  

Saigon Thuong Tin Commercial JSB(b)

    1,140,380       721,900  

SSI Securities Corp.

     935,830       778,426  

Thanh Thanh Cong - Bien Hoa JSC

     652,290       508,754  

Vietjet Aviation JSC(b)

    419,880       2,131,831  

Vietnam Dairy Products JSC

     2,034,174       9,510,538  

Vietnam Electrical Equipment JSC(b)

    670,090       592,129  

Vietnam National Petroleum Group

     267,320       586,793  

Viglacera Corp. JSC

     681,960       780,898  

Vincom Retail JSC(b)

    1,677,950       2,044,645  

Vingroup JSC(b)

    1,993,820       8,951,405  

Vinh Hoan Corp.

     224,400       428,583  

Vinhomes JSC(b)(c)

    1,890,560       6,747,769  
   

 

 

  
      57,534,144  
   

 

 

  

Total Common Stocks — 97.3%
(Cost: $325,797,153)

       388,132,992  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 0.0%            

BlackRock Cash Funds: Institutional, SL Agency Shares, 0.19%(f)(g)(h)

    18,934     $ 18,946  
   

 

 

  

Total Short-Term Investments — 0.0%
(Cost: $18,945)

       18,946  
   

 

 

  

Total Investments in Securities — 97.3%
(Cost: $325,816,098)

       388,151,938  

Other Assets, Less Liabilities — 2.7%

       10,646,257  
   

 

 

  

Net Assets — 100.0%

     $ 398,798,195  
   

 

 

  

 

(a) 

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

(b) 

Non-income producing security.

(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) 

All or a portion of this security is on loan.

(f) 

Affiliate of the Fund.

(g) 

Annualized 7-day yield as of period-end.

(h) 

All or a portion of this security was purchased with cash collateral received from loaned securities.

 

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: Institutional, SL Agency Shares

   $ 20,350     $ —     $ (1,384 )(a)    $ (21 )    $ 1     $ 18,946       18,934     $ 32 (b)    $ —  

BlackRock Cash Funds: Treasury, SL Agency
Shares(c)

    680,000       —       (680,000 )(a)      —       —       —       —       54       —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  
        $ (21 )    $ 1     $ 18,946       $ 86     $ —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

  (a) 

Represents net amount purchased (sold).

 
  (b) 

All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

 
  (c) 

As of period end, the entity is no longer held.

 

 

 

2  

    

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Frontier 100 ETF

 

Futures Contracts

 

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

Long Contracts

            

MSCI Emerging Markets E-Mini Index

      164        12/18/20      $ 9,859      $ 813,588  
           

 

 

  

Forward Foreign Currency Exchange Contracts

 

Currency Purchased        Currency Sold        Counterparty      Settlement Date              Unrealized
Appreciation
(Depreciation)		  

USD

     8,356,117        NGN             3,723,485,718        CITI      10/28/21           $ 226,918  
                            

 

 

  
   

    Net unrealized appreciation

                       $ 226,918  
                            

 

 

  

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 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

    $ 355,925,394        $ 31,688,652        $ 518,946        $ 388,132,992  

Money Market Funds

      18,946          —          —          18,946  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $   355,944,340        $   31,688,652        $   518,946        $   388,151,938  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 813,588        $ —        $ —        $ 813,588  

Forward Foreign Currency Exchange Contracts

      —          226,918          —          226,918  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 813,588        $ 226,918        $ —        $ 1,040,506  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

Portfolio Abbreviations - Equity
GDR    Global Depositary Receipt
JSC    Joint Stock Company
Counterparty Abbreviations
CITI    Citibank N.A.
Currency Abbreviations
NGN    Nigerian Naira
USD    United States Dollar

 

 

    

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