NPORT-EX 2 NPORT_5623818433796922.htm iShares MSCI Japan ETF

Schedule of Investments (unaudited)

November 30, 2020

   

iShares® MSCI Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

 

Air Freight & Logistics — 0.4%  

SG Holdings Co. Ltd.

     1,045,000     $ 31,267,322  

Yamato Holdings Co. Ltd.

     1,006,800       25,460,864  
   

 

 

  
      56,728,186  
Airlines — 0.1%  

ANA Holdings Inc.(a)

     370,900       8,954,599  

Japan Airlines Co. Ltd.(a)

     362,300       6,869,020  
   

 

 

  
      15,823,619  
Auto Components — 2.0%  

Aisin Seiki Co. Ltd.

     528,900       15,698,350  

Bridgestone Corp.

     1,746,900       61,047,265  

Denso Corp.

     1,414,300       66,852,886  

Koito Manufacturing Co. Ltd.

     341,400       20,560,940  

NGK Spark Plug Co. Ltd.

     494,800       8,973,069  

Stanley Electric Co. Ltd.

     425,200       12,518,475  

Sumitomo Electric Industries Ltd.

     2,461,500       28,185,385  

Toyoda Gosei Co. Ltd.

     212,800       5,779,426  

Toyota Industries Corp.

     475,500       34,382,834  
   

 

 

  
      253,998,630  
Automobiles — 6.3%  

Honda Motor Co. Ltd.

     5,320,500       146,514,656  

Isuzu Motors Ltd.

     1,791,100       17,485,877  

Mazda Motor Corp.

     1,859,200       11,000,973  

Nissan Motor Co. Ltd.(a)

     7,575,900       35,781,642  

Subaru Corp.

     2,008,200       39,923,266  

Suzuki Motor Corp.

     1,202,000       64,598,494  

Toyota Motor Corp.

     6,921,700       464,588,620  

Yamaha Motor Co. Ltd.

     907,800       17,498,710  
   

 

 

  
          797,392,238  
Banks — 4.1%  

Bank of Kyoto Ltd. (The)

     185,600       9,273,325  

Chiba Bank Ltd. (The)

     1,727,100       9,805,257  

Concordia Financial Group Ltd.

     3,375,300       12,008,979  

Fukuoka Financial Group Inc.

     561,400       10,030,095  

Japan Post Bank Co. Ltd.

     1,336,100       10,532,479  

Mitsubishi UFJ Financial Group Inc.

     39,892,580       171,583,046  

Mizuho Financial Group Inc.

     7,872,558       100,223,647  

Resona Holdings Inc.

     6,777,100       23,767,782  

Shinsei Bank Ltd.

     497,100       5,920,865  

Shizuoka Bank Ltd. (The)

     1,361,700       9,689,584  

Sumitomo Mitsui Financial Group Inc.

     4,260,000       123,867,850  

Sumitomo Mitsui Trust Holdings Inc.

     1,102,332       32,253,320  
   

 

 

  
      518,956,229  
Beverages — 1.2%  

Asahi Group Holdings Ltd.

     1,481,700       57,363,921  

Coca-Cola Bottlers Japan Holdings Inc.

     403,900       6,220,699  

Ito En Ltd.

     174,700       13,503,544  

Kirin Holdings Co. Ltd.

     2,684,600       58,532,132  

Suntory Beverage & Food Ltd.

     453,800       16,602,705  
   

 

 

  
      152,223,001  
Biotechnology — 0.1%  

PeptiDream Inc.(a)

     308,200       15,724,037  
   

 

 

  
Building Products — 2.0%  

AGC Inc.

     630,900       21,024,958  

Daikin Industries Ltd.

     813,100       184,531,398  

LIXIL Group Corp.

     869,100       20,878,403  
Security   Shares     Value  
Building Products (continued)  

TOTO Ltd.

     460,200     $ 26,082,781  
   

 

 

  
      252,517,540  
Capital Markets — 1.1%  

Daiwa Securities Group Inc.

     4,703,200       20,481,641  

Japan Exchange Group Inc.

     1,662,900       41,199,733  

Nomura Holdings Inc.

     10,261,200       51,564,314  

SBI Holdings Inc.

     772,010       20,952,177  
   

 

 

  
          134,197,865  
Chemicals — 4.2%  

Air Water Inc.

     595,100       9,821,790  

Asahi Kasei Corp.

     4,094,200       37,579,082  

JSR Corp.

     664,200       18,376,572  

Kansai Paint Co. Ltd.

     578,300       17,552,812  

Kuraray Co. Ltd.

     1,038,000       10,312,807  

Mitsubishi Chemical Holdings Corp.

     4,178,400       23,140,983  

Mitsubishi Gas Chemical Co. Inc.

     509,800       10,824,236  

Mitsui Chemicals Inc.

     598,100       16,823,086  

Nippon Paint Holdings Co. Ltd.

     477,900       61,275,694  

Nippon Sanso Holdings Corp.

     491,000       8,211,978  

Nissan Chemical Corp.

     402,200       24,068,358  

Nitto Denko Corp.

     518,100       42,928,641  

Shin-Etsu Chemical Co. Ltd.

     1,155,800       189,926,953  

Sumitomo Chemical Co. Ltd.

     4,862,400       17,253,301  

Teijin Ltd.

     581,400       9,946,944  

Toray Industries Inc.

     4,525,700       24,569,636  

Tosoh Corp.

     842,700       13,302,174  
   

 

 

  
      535,915,047  
Commercial Services & Supplies — 0.8%  

Dai Nippon Printing Co. Ltd.

     793,600       14,886,422  

Secom Co. Ltd.

     685,200       68,306,440  

Sohgo Security Services Co. Ltd.

     233,800       12,533,608  

Toppan Printing Co. Ltd.

     845,300       11,551,690  
   

 

 

  
      107,278,160  
Construction & Engineering — 0.6%  

Kajima Corp.

     1,457,500       19,191,057  

Obayashi Corp.

     2,109,000       18,607,337  

Shimizu Corp.

     1,802,700       13,709,337  

Taisei Corp.

     622,900       22,042,685  
   

 

 

  
      73,550,416  
Construction Materials — 0.1%  

Taiheiyo Cement Corp.

     386,200       10,392,493  
   

 

 

  
Consumer Finance — 0.0%            

Acom Co. Ltd.

     1,308,800       6,288,265  
   

 

 

  
Diversified Financial Services — 0.6%  

Mitsubishi UFJ Lease & Finance Co. Ltd.

     1,325,100       6,087,009  

ORIX Corp.

     4,288,100       63,864,007  

Tokyo Century Corp.

     140,500       9,310,525  
   

 

 

  
      79,261,541  
Diversified Telecommunication Services — 0.8%  

Nippon Telegraph & Telephone Corp.

     4,201,000       99,309,182  
   

 

 

  
Electric Utilities — 0.7%  

Chubu Electric Power Co. Inc.

     2,102,700       25,357,423  

Chugoku Electric Power Co. Inc. (The)

     946,300       12,042,581  

Kansai Electric Power Co. Inc. (The)

     2,277,900       20,868,644  

Kyushu Electric Power Co. Inc.

     1,224,400       10,344,727  

Tohoku Electric Power Co. Inc.

     1,395,500       11,710,021  
 

 

 

  1

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Electric Utilities (continued)  

Tokyo Electric Power Co. Holdings Inc.(a)

     4,716,300     $ 12,302,408  
   

 

 

  
      92,625,804  
Electrical Equipment — 2.3%  

Fuji Electric Co. Ltd.

     414,100       14,733,263  

Mitsubishi Electric Corp.

     5,956,300       87,595,167  

Nidec Corp.

     1,459,500       186,225,342  
   

 

 

  
      288,553,772  
Electronic Equipment, Instruments & Components — 6.9%  

Azbil Corp.

     402,800       18,097,511  

Hamamatsu Photonics KK

     457,800       25,771,144  

Hirose Electric Co. Ltd.

     107,958       15,281,324  

Hitachi Ltd.

     3,158,700       120,138,137  

Ibiden Co. Ltd.

     344,800       16,169,475  

Keyence Corp.

     595,304       304,231,601  

Kyocera Corp.

     1,047,500       59,901,630  

Murata Manufacturing Co. Ltd.

     1,874,700       164,125,019  

Omron Corp.

     605,800       54,784,886  

Shimadzu Corp.

     719,800       25,920,393  

TDK Corp.

     422,900       59,698,758  

Yokogawa Electric Corp.

     745,200       13,178,123  
   

 

 

  
          877,298,001  
Entertainment — 2.6%  

Capcom Co. Ltd.

     287,300       16,200,662  

Koei Tecmo Holdings Co. Ltd.

     147,700       7,861,280  

Konami Holdings Corp.

     304,400       15,968,046  

Nexon Co. Ltd.

     1,588,000       48,047,375  

Nintendo Co. Ltd.

     365,200       207,544,972  

Square Enix Holdings Co. Ltd.

     299,900       18,435,474  

Toho Co. Ltd.

     361,900       15,340,187  
   

 

 

  
      329,397,996  
Equity Real Estate Investment Trusts (REITs) — 1.3%  

Daiwa House REIT Investment Corp.

     6,450       15,544,330  

GLP J-REIT

     12,349       18,699,661  

Japan Real Estate Investment Corp.

     4,295       22,324,527  

Japan Retail Fund Investment Corp.

     8,494       13,562,704  

Nippon Building Fund Inc.

     4,820       26,671,206  

Nippon Prologis REIT Inc.

     6,840       21,482,618  

Nomura Real Estate Master Fund Inc.

     13,836       18,045,514  

Orix JREIT Inc.

     8,466       12,665,509  

United Urban Investment Corp.

     9,578       10,838,686  
   

 

 

  
      159,834,755  
Food & Staples Retailing — 1.7%  

Aeon Co. Ltd.

     2,134,200       63,550,141  

Cosmos Pharmaceutical Corp.

     65,300       11,272,117  

Kobe Bussan Co. Ltd.

     400,200       13,970,060  

Lawson Inc.

     163,700       7,425,567  

Seven & i Holdings Co. Ltd.

     2,458,980       78,126,116  

Sundrug Co. Ltd.

     232,400       9,761,803  

Tsuruha Holdings Inc.

     119,600       17,525,658  

Welcia Holdings Co. Ltd.

     307,900       12,386,867  
   

 

 

  
      214,018,329  
Food Products — 1.4%  

Ajinomoto Co. Inc.

     1,523,400       31,855,897  

Calbee Inc.

     284,100       8,405,164  

Kikkoman Corp.

     473,700       29,482,743  

MEIJI Holdings Co. Ltd.

     373,756       26,452,355  

NH Foods Ltd.

     268,800       11,484,095  

Nisshin Seifun Group Inc.

     651,875       10,608,793  
Security   Shares     Value  
Food Products (continued)  

Nissin Foods Holdings Co. Ltd.

     210,500     $ 17,401,199  

Toyo Suisan Kaisha Ltd.

     289,500       14,242,484  

Yakult Honsha Co. Ltd.

     418,700       19,976,336  

Yamazaki Baking Co. Ltd.

     385,800       6,408,109  
   

 

 

  
      176,317,175  
Gas Utilities — 0.5%  

Osaka Gas Co. Ltd.

     1,214,000       23,331,153  

Toho Gas Co. Ltd.

     238,700       15,634,821  

Tokyo Gas Co. Ltd.

     1,227,300       27,594,389  
   

 

 

  
      66,560,363  
Health Care Equipment & Supplies — 3.2%  

Asahi Intecc Co. Ltd.

     637,800       23,395,684  

Hoya Corp.

     1,226,700       163,638,427  

Olympus Corp.

     3,802,900       82,294,355  

Sysmex Corp.

     546,500       57,283,577  

Terumo Corp.

     2,106,900       83,791,075  
   

 

 

  
      410,403,118  
Health Care Providers & Services — 0.3%  

Alfresa Holdings Corp.

     610,100       12,228,329  

Medipal Holdings Corp.

     594,800       11,197,242  

Suzuken Co. Ltd.

     220,840       8,450,267  
   

 

 

  
      31,875,838  
Health Care Technology — 1.1%  

M3 Inc.

     1,439,700       132,848,654  
   

 

 

  
Hotels, Restaurants & Leisure — 1.0%  

McDonald’s Holdings Co. Japan Ltd.

     219,400       10,667,543  

Oriental Land Co. Ltd.

     652,800       111,215,459  
   

 

 

  
      121,883,002  
Household Durables — 4.4%  

Casio Computer Co. Ltd.

     634,000       11,400,144  

Iida Group Holdings Co. Ltd.

     477,680       9,610,862  

Panasonic Corp.

     7,206,515       76,885,619  

Rinnai Corp.

     117,500       13,724,766  

Sekisui Chemical Co. Ltd.

     1,161,200       20,078,097  

Sekisui House Ltd.

     2,011,000       36,218,250  

Sharp Corp.

     698,600       9,379,430  

Sony Corp.

     4,115,500       382,995,080  
   

 

 

  
          560,292,248  
Household Products — 0.8%  

Lion Corp.

     726,200       17,187,836  

Pigeon Corp.

     377,200       16,856,888  

Unicharm Corp.

     1,317,000       63,946,018  
   

 

 

  
      97,990,742  
Industrial Conglomerates — 0.4%  

Keihan Holdings Co. Ltd.

     314,000       14,800,384  

Toshiba Corp.

     1,262,200       35,369,440  
   

 

 

  
      50,169,824  
Insurance — 2.5%  

Dai-ichi Life Holdings Inc.

     3,520,900       55,527,404  

Japan Post Holdings Co. Ltd.

     5,140,000       38,088,497  

Japan Post Insurance Co. Ltd.

     730,300       12,186,257  

MS&AD Insurance Group Holdings Inc.

     1,452,640       42,280,148  

Sompo Holdings Inc.

     1,096,550       42,168,933  

T&D Holdings Inc.

     1,744,900       20,398,304  

Tokio Marine Holdings Inc.

     2,061,900       102,625,375  
   

 

 

  
      313,274,918  
 

 

 

2

  

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Interactive Media & Services — 0.6%  

Kakaku.com Inc.

     438,500     $ 12,317,108  

LINE Corp.(a)

     117,600       6,067,495  

Z Holdings Corp.

     8,658,400       54,553,525  
   

 

 

  
      72,938,128  
Internet & Direct Marketing Retail — 0.4%  

Mercari Inc.(a)

     280,400       12,853,627  

Rakuten Inc.

     2,809,100       31,492,092  

ZOZO Inc.

     354,100       8,842,737  
   

 

 

  
      53,188,456  
IT Services — 2.5%  

Fujitsu Ltd.

     641,800       89,276,519  

GMO Payment Gateway Inc.

     133,348       18,721,791  

Itochu Techno-Solutions Corp.

     313,300       11,071,786  

NEC Corp.

     845,900       45,671,705  

Nomura Research Institute Ltd.

     1,045,612       35,346,749  

NTT Data Corp.

     2,041,400       27,172,987  

Obic Co. Ltd.

     228,100       51,340,273  

Otsuka Corp.

     342,500       16,619,995  

SCSK Corp.

     170,000       10,156,797  

TIS Inc.

     727,800       14,503,653  
   

 

 

  
      319,882,255  
Leisure Products — 1.2%  

Bandai Namco Holdings Inc.

     652,098       59,597,161  

Sega Sammy Holdings Inc.

     564,700       7,944,521  

Shimano Inc.

     242,100       57,439,981  

Yamaha Corp.

     437,600       25,011,709  
   

 

 

  
      149,993,372  
Machinery — 5.8%  

Amada Co. Ltd.

     1,056,200       10,189,760  

Daifuku Co. Ltd.

     330,300       38,327,787  

FANUC Corp.

     626,000           152,275,138  

Harmonic Drive Systems Inc.

     125,700       10,041,534  

Hino Motors Ltd.

     936,700       8,129,595  

Hitachi Construction Machinery Co. Ltd.

     351,000       9,731,393  

Hoshizaki Corp.

     165,400       16,385,346  

Komatsu Ltd.

     2,856,600       69,582,968  

Kubota Corp.

     3,385,900       67,230,937  

Kurita Water Industries Ltd.

     322,300       11,899,832  

Makita Corp.

     731,100       37,860,849  

MINEBEA MITSUMI Inc.

     1,184,700       24,699,475  

MISUMI Group Inc.

     926,900       29,111,460  

Mitsubishi Heavy Industries Ltd.

     1,045,900       23,586,035  

Miura Co. Ltd.

     286,200       15,068,214  

Nabtesco Corp.

     367,500       15,189,883  

NGK Insulators Ltd.

     832,900       13,251,317  

NSK Ltd.

     1,172,000       9,497,387  

SMC Corp.

     186,900       118,870,372  

THK Co. Ltd.

     393,200       12,160,825  

Yaskawa Electric Corp.

     783,300       37,784,694  
   

 

 

  
      730,874,801  
Marine — 0.1%  

Nippon Yusen KK

     495,400       10,813,046  
   

 

 

  
Media — 0.4%  

CyberAgent Inc.

     329,800       22,613,953  

Dentsu Group Inc.

     705,900       23,016,639  

Hakuhodo DY Holdings Inc.

     766,200       11,095,296  
   

 

 

  
      56,725,888  
Security   Shares     Value  
Metals & Mining — 0.7%  

Hitachi Metals Ltd.

     701,200     $ 10,308,699  

JFE Holdings Inc.(a)

     1,609,350       14,754,626  

Nippon Steel Corp.(a)

     2,636,170       32,271,120  

Sumitomo Metal Mining Co. Ltd.

     759,300       28,303,995  
   

 

 

  
      85,638,440  
Multiline Retail — 0.5%  

Marui Group Co. Ltd.

     620,400       11,340,037  

Pan Pacific International Holdings Corp.

     1,344,800       31,816,079  

Ryohin Keikaku Co. Ltd.

     778,900       16,037,385  
   

 

 

  
      59,193,501  
Oil, Gas & Consumable Fuels — 0.5%  

ENEOS Holdings Inc.

     10,014,995       34,431,798  

Idemitsu Kosan Co. Ltd.

     631,829       13,172,824  

Inpex Corp.

     3,319,300       18,589,990  
   

 

 

  
      66,194,612  
Paper & Forest Products — 0.1%  

Oji Holdings Corp.

     2,829,500       12,861,980  
   

 

 

  
Personal Products — 2.0%  

Kao Corp.

     1,573,000       117,784,551  

Kobayashi Pharmaceutical Co. Ltd.

     160,700       19,341,021  

Kose Corp.

     109,600       16,754,006  

Pola Orbis Holdings Inc.

     299,100       5,980,566  

Shiseido Co. Ltd.

     1,305,400       92,138,518  
   

 

 

  
      251,998,662  
Pharmaceuticals — 6.7%  

Astellas Pharma Inc.

     6,075,950       86,441,350  

Chugai Pharmaceutical Co. Ltd.

     2,191,900       106,026,791  

Daiichi Sankyo Co. Ltd.

     5,553,307       196,728,996  

Eisai Co. Ltd.

     822,700       62,226,180  

Hisamitsu Pharmaceutical Co. Inc.

     166,800       9,789,652  

Kyowa Kirin Co. Ltd.

     881,100       23,955,104  

Nippon Shinyaku Co. Ltd.

     149,000       10,659,698  

Ono Pharmaceutical Co. Ltd.

     1,207,000       38,232,760  

Otsuka Holdings Co. Ltd.

     1,274,400       51,843,729  

Santen Pharmaceutical Co. Ltd.

     1,164,700       19,379,089  

Shionogi & Co. Ltd.

     864,300       46,358,474  

Sumitomo Dainippon Pharma Co. Ltd.

     574,100       7,283,954  

Taisho Pharmaceutical Holdings Co. Ltd.

     112,400       7,157,382  

Takeda Pharmaceutical Co. Ltd.

     5,144,600       184,766,502  
   

 

 

  
          850,849,661  
Professional Services — 1.7%  

Nihon M&A Center Inc.

     493,900       34,576,553  

Persol Holdings Co. Ltd.

     579,400       10,623,954  

Recruit Holdings Co. Ltd.

     4,151,100       175,160,297  
   

 

 

  
      220,360,804  
Real Estate Management & Development — 2.2%  

Aeon Mall Co. Ltd.

     338,100       5,430,999  

Daito Trust Construction Co. Ltd.

     216,200       21,231,244  

Daiwa House Industry Co. Ltd.

     1,848,100       56,714,649  

Hulic Co. Ltd.

     974,000       9,873,105  

Mitsubishi Estate Co. Ltd.

     3,859,500       66,770,923  

Mitsui Fudosan Co. Ltd.

     3,007,000       62,908,372  

Nomura Real Estate Holdings Inc.

     374,900       8,125,380  

Sumitomo Realty & Development Co. Ltd.

     1,009,900       32,977,315  

Tokyu Fudosan Holdings Corp.

     2,011,400       9,760,426  
   

 

 

  
      273,792,413  
 

 

 

  3

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Road & Rail — 2.9%  

Central Japan Railway Co.

     469,200     $ 59,845,217  

East Japan Railway Co.

     986,700       61,392,564  

Hankyu Hanshin Holdings Inc.

     746,900       24,425,116  

Keikyu Corp.

     718,300       12,309,778  

Keio Corp.

     337,800       24,004,776  

Keisei Electric Railway Co. Ltd.

     422,000       14,184,704  

Kintetsu Group Holdings Co. Ltd.

     560,000       24,865,020  

Kyushu Railway Co.

     483,000       10,181,098  

Nagoya Railroad Co. Ltd.

     604,300       16,643,967  

Nippon Express Co. Ltd.

     234,500       15,697,051  

Odakyu Electric Railway Co. Ltd.

     962,100       29,202,076  

Seibu Holdings Inc.

     689,300       6,841,769  

Tobu Railway Co. Ltd.

     616,300       18,499,343  

Tokyu Corp.

     1,631,400       19,822,429  

West Japan Railway Co.

     530,800       24,250,599  
   

 

 

  
      362,165,507  
Semiconductors & Semiconductor Equipment — 2.6%  

Advantest Corp.

     651,300       45,345,845  

Disco Corp.

     94,000       29,973,627  

Lasertec Corp.

     243,800       25,718,533  

Renesas Electronics Corp.(a)

     2,527,600       22,494,489  

Rohm Co. Ltd.

     285,700       23,864,272  

SUMCO Corp.

     846,700       17,165,417  

Tokyo Electron Ltd.

     487,452       165,810,812  
   

 

 

  
          330,372,995  
Software — 0.3%  

Oracle Corp. Japan

     125,200       13,891,767  

Trend Micro Inc.

     435,700       23,691,383  
   

 

 

  
      37,583,150  
Specialty Retail — 2.1%  

ABC-Mart Inc.

     109,700       5,723,021  

Fast Retailing Co. Ltd.

     190,400       156,921,372  

Hikari Tsushin Inc.

     68,400       16,444,862  

Nitori Holdings Co. Ltd.

     261,400       55,726,895  

Shimamura Co. Ltd.

     72,300       7,488,276  

USS Co. Ltd.

     711,200       14,895,812  

Yamada Holdings Co. Ltd.

     2,370,300       11,274,695  
   

 

 

  
      268,474,933  
Technology Hardware, Storage & Peripherals — 1.3%  

Brother Industries Ltd.

     724,000       13,886,358  

Canon Inc.

     3,264,550       58,027,748  

FUJIFILM Holdings Corp.

     1,175,600       63,416,447  
Security   Shares     Value  
Technology Hardware, Storage & Peripherals (continued)  

Ricoh Co. Ltd.

     2,192,600     $ 14,655,883  

Seiko Epson Corp.

     918,300       13,711,754  
   

 

 

  
      163,698,190  
Tobacco — 0.6%  

Japan Tobacco Inc.

     3,916,200       79,619,698  
   

 

 

  
Trading Companies & Distributors — 3.5%  

ITOCHU Corp.

     4,396,500       116,305,397  

Marubeni Corp.

     5,388,200       31,443,008  

Mitsubishi Corp.

     4,363,800       101,818,513  

Mitsui & Co. Ltd.

     5,323,600       90,875,167  

MonotaRO Co. Ltd.

     409,000       24,985,183  

Sumitomo Corp.

     3,879,300       47,861,131  

Toyota Tsusho Corp.

     693,300       24,002,043  
   

 

 

  
          437,290,442  
Transportation Infrastructure — 0.1%  

Japan Airport Terminal Co. Ltd.

     165,400       9,644,037  
   

 

 

  
Wireless Telecommunication Services — 4.9%  

KDDI Corp.

     5,263,800       150,556,543  

Softbank Corp.

     9,373,800       115,470,113  

SoftBank Group Corp.

     5,115,100       356,720,280  
   

 

 

  
      622,746,936  
   

 

 

  

Total Common Stocks — 99.2%
(Cost: $12,367,832,587)

 

     12,559,802,895  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 0.1%  

BlackRock Cash Funds: Treasury, SL Agency Shares, 0.04%(b)(c)

     9,530,000       9,530,000  
   

 

 

  

Total Short-Term Investments — 0.1%
(Cost: $9,530,000)

 

     9,530,000  
   

 

 

  

Total Investments in Securities — 99.3%
(Cost: $12,377,362,587)

 

     12,569,332,895  

Other Assets, Less Liabilities — 0.7%

 

     83,979,639  
   

 

 

  

Net Assets — 100.0%

 

   $ 12,653,312,534  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

Affiliate of the Fund.

(c) 

Annualized 7-day yield as of period-end.

 

 

 

4  

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Japan ETF

 

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(a)

   $ —     $ 349 (b)    $ —     $ (349 )    $ —     $ —       —     $ 5,683 (c)    $ —  

BlackRock Cash Funds: Treasury, SL Agency Shares

     4,320,000       5,210,000 (b)      —       —       —       9,530,000       9,530,000       978       —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  
        $ (349 )    $ —     $ 9,530,000       $ 6,661     $ —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

  (a) 

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

 
  (b) 

Represents net amount purchased (sold).

 
  (c) 

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.

 

Futures Contracts

 

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

Long Contracts

                  

TOPIX Index

      572          12/10/20        $96,298      $ 6,590,892  
                 

 

 

  

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

    $ 12,559,802,895        $ —        $ —        $ 12,559,802,895  

Money Market Funds

      9,530,000          —          —          9,530,000  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 12,569,332,895        $ —        $ —        $ 12,569,332,895  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                  

Assets

                  

Futures Contracts

    $ 6,590,892        $ —        $ —        $ 6,590,892  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a)

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

 

 

 

  5