NPORT-EX 2 NPORT_5619496537140013.htm iShares MSCI Belgium ETF

Schedule of Investments (unaudited)

November 30, 2020

   

iShares® MSCI Belgium ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Air Freight & Logistics — 0.8%            

bpost SA(a)

    19,326     $ 234,414  
   

 

 

  
Banks — 9.1%            

KBC Group NV(a)

    38,323       2,677,170  
   

 

 

  
Beverages — 22.1%            

Anheuser-Busch InBev SA/NV

     97,237       6,499,673  
   

 

 

  
Biotechnology — 7.7%            

Argenx SE(a)

    4,992       1,428,366  

Galapagos NV(a)

    6,761       834,226  
   

 

 

  
        2,262,592  
Capital Markets — 0.7%            

Gimv NV

     3,652       212,092  
   

 

 

  
Chemicals — 10.1%            

Recticel SA

     9,580       109,210  

Solvay SA

     11,785       1,351,077  

Tessenderlo Group SA(a)

    3,890       144,948  

Umicore SA

     30,013       1,348,820  
   

 

 

  
      2,954,055  
Construction & Engineering — 0.5%            

Cie. d’Entreprises CFE(a)

    1,749       154,819  
   

 

 

  
Distributors — 1.0%            

D’ieteren SA/NV

     4,090       285,719  
   

 

 

  
Diversified Financial Services — 11.4%  

Ackermans & van Haaren NV

     3,877       565,795  

Groupe Bruxelles Lambert SA

     17,422       1,702,227  

KBC Ancora(a)

    7,101       295,938  

Sofina SA

     2,496       794,200  
   

 

 

  
      3,358,160  
Diversified Telecommunication Services — 1.8%  

Proximus SADP

     25,118       526,108  
   

 

 

  
Electric Utilities — 2.0%            

Elia Group SA/NV

     5,074       575,390  
   

 

 

  
Electronic Equipment, Instruments & Components — 0.9%  

Barco NV

     12,488       270,455  
   

 

 

  
Entertainment — 0.5%            

Kinepolis Group NV(a)(b)

    3,173       138,727  
   

 

 

  
Equity Real Estate Investment Trusts (REITs) — 9.6%  

Aedifica SA

     5,383       623,309  

Befimmo SA

     4,337       192,472  

Cofinimmo SA

     4,074       608,190  

Intervest Offices & Warehouses NV

     4,682       127,134  

Montea C.V.A

     1,896       222,036  

Retail Estates NV

     2,117       152,954  

Warehouses De Pauw CVA

     21,224       721,023  

Xior Student Housing NV

     2,992       176,446  
   

 

 

  
      2,823,564  
Food & Staples Retailing — 1.8%            

Etablissements Franz Colruyt NV

     9,072       542,813  
   

 

 

  
Health Care Equipment & Supplies — 0.7%  

Biocartis Group NV(a)(b)(c)

    14,361       82,457  
Security   Shares     Value  
Health Care Equipment & Supplies (continued)  

Ion Beam Applications

     7,474     $ 108,537  
   

 

 

  
      190,994  
Health Care Providers & Services — 0.9%            

Fagron

     11,151       259,040  
   

 

 

  
Health Care Technology — 0.4%            

AGFA-Gevaert NV(a)

    31,458       130,388  
   

 

 

  
Insurance — 4.4%            

Ageas SA/NV

     26,362       1,299,840  
   

 

 

  
IT Services — 0.3%            

Econocom Group SA/NV

     32,701       92,512  
   

 

 

  
Media — 1.2%            

Telenet Group Holding NV

     7,932       339,679  
   

 

 

  
Metals & Mining — 0.8%            

Bekaert SA

     7,483       230,045  
   

 

 

  
Oil, Gas & Consumable Fuels — 0.8%            

Euronav NV

     31,064       245,062  
   

 

 

  
Personal Products — 0.5%            

Ontex Group NV(a)

    13,083       160,568  
   

 

 

  
Pharmaceuticals — 7.5%            

Mithra Pharmaceuticals SA(a)

    4,308       116,205  

UCB SA

     19,442       2,082,853  
   

 

 

  
      2,199,058  
Semiconductors & Semiconductor Equipment — 1.2%  

Melexis NV

     3,586       343,809  
   

 

 

  
Textiles, Apparel & Luxury Goods — 0.5%            

Sioen Industries NV(a)

    2,967       78,081  

Van de Velde NV

     2,597       73,003  
   

 

 

  
      151,084  
Wireless Telecommunication Services — 0.5%  

Orange Belgium SA

     6,942       134,193  
   

 

 

  

Total Common Stocks — 99.7%
(Cost: $34,110,797)

         29,292,023  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.8%            

BlackRock Cash Funds: Institutional,
SL Agency Shares, 0.19%(d)(e)(f)

    233,182       233,322  
   

 

 

  

Total Short-Term Investments — 0.8%
(Cost: $233,295)

 

     233,322  
   

 

 

  

Total Investments in Securities — 100.5%
(Cost: $34,344,092)

 

     29,525,345  

Other Assets, Less Liabilities — (0.5)%

       (138,389 ) 
   

 

 

  

Net Assets — 100.0%

     $ 29,386,956  
   

 

 

  

 

(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)

Affiliate of the Fund.

(e)

Annualized 7-day yield as of period-end.

 

 

 

  1

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Belgium ETF

 

(f) 

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

   $ 1,341,323     $ —     $ (1,107,567 )(a)    $ (511 )    $ 77     $ 233,322       233,182     $ 3,797 (b)    $ —  

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

    10,000       —       (10,000 )(a)       —       —       —       —       1       —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  
        $ (511 )    $ 77     $ 233,322       $ 3,798     $ —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

  (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.

 

Futures Contracts

 

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

Euro STOXX 50 Index

        2          12/18/20        $      84      $ 9,040  
                   

 

 

  

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

    $ 29,292,023        $ —        $ —        $ 29,292,023  

Money Market Funds

      233,322          —          —          233,322  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 29,525,345        $ —        $ —        $ 29,525,345  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 9,040        $                 —        $                 —        $ 9,040  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

 

 

 

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