NPORT-EX 2 NPORT_5623188303649487.htm iShares MSCI Global Metals & Mining Producers ETF

Schedule of Investments (unaudited)

November 30, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Australia — 27.2%            

Alumina Ltd.

     1,029,684     $ 1,327,765  

BHP Group Ltd.

     1,238,928       34,754,267  

BHP Group PLC

     888,280       20,143,657  

BlueScope Steel Ltd.

     212,000       2,671,229  

Champion Iron Ltd.(a)

    128,260       426,233  

Deterra Royalties Ltd.(a)

    180,412       611,508  

Fortescue Metals Group Ltd.

     713,023       9,577,880  

IGO Ltd.

     226,204       781,722  

Iluka Resources Ltd.

     180,412       709,881  

Jupiter Mines Ltd.

     563,284       116,216  

Lynas Corp. Ltd.(a)

    372,060       1,036,296  

Mineral Resources Ltd.(b)

    68,264       1,626,210  

Mount Gibson Iron Ltd.

     170,236       94,079  

Nickel Mines Ltd.

     359,976       286,468  

Orocobre Ltd.(a)(b)

    113,844       346,449  

OZ Minerals Ltd.

     137,376       1,652,001  

Perenti Global Ltd.

     259,488       249,521  

Pilbara Minerals Ltd.(a)(b)

    705,324       369,000  

Rio Tinto Ltd.

     155,396       11,610,662  

Sandfire Resources Ltd.

     71,020       229,210  

Sims Ltd.

     72,080       602,292  

South32 Ltd.

     2,034,988       3,598,755  

Western Areas Ltd.(b)

    117,448       194,719  
   

 

 

  
        93,016,020  
Austria — 0.5%            

voestalpine AG

     48,972       1,572,295  
   

 

 

  
Belgium — 0.1%            

Bekaert SA

     16,112       495,320  
   

 

 

  
Brazil — 6.9%            

Cia. Siderurgica Nacional SA

     296,800       1,295,502  

Vale SA

     1,547,688       22,412,978  
   

 

 

  
      23,708,480  
Canada — 3.8%            

Altius Minerals Corp.

     16,536       145,212  

ERO Copper Corp.(a)

    27,348       470,185  

First Quantum Minerals Ltd.

     246,980       3,512,494  

Hudbay Minerals Inc.

     98,156       622,612  

Ivanhoe Mines Ltd., Class A(a)

    254,612       1,194,568  

Labrador Iron Ore Royalty Corp.

     26,924       546,209  

Largo Resources Ltd.(a)

    135,680       110,981  

Lithium Americas Corp.(a)

    20,564       232,315  

Lundin Mining Corp.

     276,448       2,214,315  

New Pacific Metals Corp.(a)

    32,055       175,376  

Stelco Holdings Inc.

     15,052       194,669  

Teck Resources Ltd., Class B

     197,838       3,132,677  

Turquoise Hill Resources Ltd.(a)

    42,104       409,376  

Wallbridge Mining Co. Ltd.(a)(b)

    213,696       125,325  
   

 

 

  
      13,086,314  
Chile — 0.1%            

CAP SA

     26,500       250,479  
   

 

 

  
China — 2.1%            

Aluminum Corp. of China Ltd., Class A(a)

    339,200       212,904  

Aluminum Corp. of China Ltd., Class H(a)

    1,696,000       669,431  

Baoshan Iron & Steel Co. Ltd., Class A

     466,463       440,237  

China Hongqiao Group Ltd.

     742,000       647,964  

China Metal Recycling Holdings Ltd.(a)(c)

    132,000       0 (d)  
Security   Shares     Value  
China (continued)            

China Molybdenum Co. Ltd., Class A

     375,500     $ 261,939  

China Molybdenum Co. Ltd., Class H

     1,602,000       752,181  

China Northern Rare Earth Group High-Tech Co. Ltd., Class A(a)

    84,870       174,643  

China Oriental Group Co. Ltd.

     424,000       127,432  

China Zhongwang Holdings Ltd.(a)

    678,400       147,887  

Ganfeng Lithium Co. Ltd., Class A

     21,200       251,953  

GEM Co. Ltd., Class A

     99,999       77,659  

Guangdong HEC Technology Holding Co. Ltd., Class A(a)

    76,500       64,874  

Guangdong Hongda Blasting Co. Ltd., Class A

     21,200       133,870  

Hesteel Co. Ltd., Class A(a)

    275,600       95,916  

Hunan Valin Steel Co. Ltd., Class A

     148,400       120,661  

Inner Mongolia BaoTou Steel Union Co. Ltd., Class A(a)

    1,229,698       226,132  

Inner Mongolia Eerduosi Resources Co. Ltd., Class B

     84,896       77,765  

Jiangsu Shagang Co. Ltd., Class A

     63,600       118,598  

Jiangxi Copper Co. Ltd., Class A

     84,800       283,528  

Jiangxi Copper Co. Ltd., Class H

     424,000       694,589  

Jinchuan Group International Resources Co. Ltd.

     1,484,000       160,795  

MMG Ltd.(a)

    982,000       428,141  

Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A(a)

    233,200       85,413  

Shandong Nanshan Aluminum Co. Ltd., Class A

     318,000       139,186  

Shanxi Taigang Stainless Steel Co. Ltd., Class A

     167,500       95,460  

Shougang Fushan Resources Group Ltd.

     848,000       214,393  

Tiangong International Co. Ltd.

     424,000       185,406  

Tongling Nonferrous Metals Group Co. Ltd., Class A

     233,200       95,691  

Xiamen Tungsten Co. Ltd., Class A

     36,399       83,917  

Yintai Gold Co. Ltd., Class A

     68,240       92,612  

Zhejiang Huayou Cobalt Co. Ltd., Class A(a)

    21,200       168,570  
   

 

 

  
        7,329,747  
Finland — 0.1%            

Outokumpu OYJ(a)(b)

    130,168       399,700  
   

 

 

  
France — 0.3%            

APERAM SA

     20,988       803,387  

Eramet SA(a)(b)

    4,028       176,012  
   

 

 

  
      979,399  
Germany — 0.7%            

Aurubis AG

     14,416       1,101,228  

Salzgitter AG(a)

    16,960       343,366  

thyssenkrupp AG(a)

    169,812       1,137,929  
   

 

 

  
      2,582,523  
India — 2.5%            

APL Apollo Tubes Ltd.(a)

    4,144       189,075  

Hindalco Industries Ltd.

     656,988       2,008,058  

Jindal Steel & Power Ltd.(a)

    175,647       578,720  

JSW Steel Ltd.

     362,944       1,716,303  

Mishra Dhatu Nigam Ltd.(e)

    19,716       51,090  

MOIL Ltd.

     1,869       3,121  

National Aluminium Co. Ltd.

     369,304       195,483  

Ratnamani Metals & Tubes Ltd.

     6,060       138,251  

Tata Steel Ltd.

     158,617       1,236,594  

Tata Steel Ltd., GDR(f)

    129,744       1,017,193  

Vedanta Ltd.

     786,732       1,282,780  
   

 

 

  
      8,416,668  
Indonesia — 0.2%            

Merdeka Copper Gold Tbk PT(a)

    4,197,600       576,724  

Timah Tbk PT(a)

    1,081,200       81,932  
   

 

 

  
      658,656  
 

 

 

  1

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Japan — 5.1%            

Asahi Holdings Inc.

     21,200     $ 631,273  

Daido Steel Co. Ltd.

     15,500       645,121  

Dowa Holdings Co. Ltd.

     21,200       701,415  

Hitachi Metals Ltd.

     92,300       1,356,949  

JFE Holdings Inc.(a)

    203,800       1,868,452  

Kobe Steel Ltd.(a)

    127,200       616,025  

Kyoei Steel Ltd.

     10,100       144,708  

Maruichi Steel Tube Ltd.

     23,300       490,691  

Mitsubishi Materials Corp.

     49,200       935,166  

Mitsui Mining & Smelting Co. Ltd.

     24,000       680,815  

Nippon Light Metal Holdings Co. Ltd.

     25,840       444,069  

Nippon Steel Corp.(a)

    344,605       4,218,540  

Sumitomo Metal Mining Co. Ltd.

     99,700       3,716,460  

Toho Titanium Co. Ltd.

     21,200       140,080  

Tokyo Steel Manufacturing Co. Ltd.

     42,400       266,741  

UACJ Corp.

     15,638       268,594  

Yamato Kogyo Co. Ltd.

     21,200       537,954  
   

 

 

  
        17,663,053  
Malaysia — 0.3%            

Press Metal Aluminium Holdings Bhd

     593,600       1,019,931  
   

 

 

  
Mexico — 1.4%            

Grupo Mexico SAB de CV, Series B

     1,314,400       4,782,482  
   

 

 

  
Netherlands — 1.7%            

AMG Advanced Metallurgical Group NV

     12,296       333,294  

ArcelorMittal SA(a)

    301,676       5,539,272  
   

 

 

  
      5,872,566  
Norway — 0.7%            

Norsk Hydro ASA

     566,464       2,302,543  
   

 

 

  
Peru — 0.6%            

Southern Copper Corp.

     36,040       2,139,695  
   

 

 

  
Poland — 0.7%            

Jastrzebska Spolka Weglowa SA(a)

    23,956       156,404  

KGHM Polska Miedz SA(a)

    58,936       2,342,974  
   

 

 

  
      2,499,378  
Qatar — 0.1%            

Qatar Aluminum Manufacturing Co.

     1,129,536       291,365  
   

 

 

  
Russia — 3.3%            

Alrosa PJSC

     1,079,082       1,240,673  

Mechel PJSC, ADR(a)

    44,520       68,561  

MMC Norilsk Nickel PJSC

     26,628       7,468,859  

Novolipetskiy Metallurgicheskiy Kombinat PAO

     508,690       1,279,322  

Severstal PAO

     88,094       1,289,366  
   

 

 

  
      11,346,781  
Saudi Arabia — 0.6%            

Saudi Arabian Mining Co.(a)

    181,896       2,044,184  
   

 

 

  
South Africa — 2.6%            

African Rainbow Minerals Ltd.

     47,064       729,365  

Anglo American Platinum Ltd.

     22,684       1,650,690  

Impala Platinum Holdings Ltd.

     336,868       3,541,889  

Kumba Iron Ore Ltd.

     26,712       909,619  

Northam Platinum Ltd.(a)

    151,792       1,728,573  

Royal Bafokeng Platinum Ltd.(a)

    61,692       254,162  
   

 

 

  
      8,814,298  
South Korea — 2.8%            

Dongkuk Steel Mill Co. Ltd.(a)

    24,168       162,714  
Security   Shares     Value  
South Korea (continued)            

Hyundai Steel Co.

     36,464     $ 1,047,901  

KISWIRE Ltd.

     61       794  

Korea Zinc Co. Ltd.

     3,604       1,234,392  

Namsun Aluminum Co. Ltd.(a)

    25,440       99,778  

Poongsan Corp.

     8,480       209,979  

POSCO

     31,164       6,590,191  

SAM KANG M&T Co. Ltd.(a)

    9,540       166,393  

Seah Besteel Corp.

     5,300       49,334  

SeAH Steel Holdings Corp.

     1       42  

Young Poong Corp.

     212       97,517  
   

 

 

  
      9,659,035  
Spain — 0.2%            

Acerinox SA

     67,840       700,813  
   

 

 

  
Sweden — 1.6%            

Boliden AB

     114,904       3,971,359  

Granges AB(a)(b)

    31,800       351,112  

SSAB AB, Class A(a)

    99,640       315,711  

SSAB AB, Class B(a)

    255,248       705,162  
   

 

 

  
      5,343,344  
Taiwan — 1.8%            

China Metal Products

     212,011       258,482  

China Steel Corp.

     4,993,612       3,994,539  

Chung Hung Steel Corp.(a)

    430,000       181,791  

Feng Hsin Steel Co. Ltd.

     212,000       435,864  

TA Chen Stainless Pipe

     540,099       532,472  

Tung Ho Steel Enterprise Corp.

     212,000       248,799  

YC INOX Co. Ltd.

     212,000       190,783  

Yieh Phui Enterprise Co. Ltd.(a)

    424,644       182,507  
   

 

 

  
      6,025,237  
Turkey — 0.4%            

Eregli Demir ve Celik Fabrikalari TAS

     583,424       820,437  

Izmir Demir Celik Sanayi AS(a)

    41,340       109,187  

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D

     319,272       199,998  

Koza Anadolu Metal Madencilik Isletmeleri AS(a)

    86,072       139,414  
   

 

 

  
      1,269,036  
United Kingdom — 18.6%            

Anglo American PLC

     516,008         15,248,716  

Antofagasta PLC

     166,420       2,785,013  

Central Asia Metals PLC

     70,384       203,906  

Eurasia Mining PLC(a)

    470,155       243,854  

Evraz PLC

     216,876       1,118,494  

Ferrexpo PLC

     126,140       357,351  

Glencore PLC(a)

    4,191,240       11,854,092  

Hill & Smith Holdings PLC

     35,404       623,912  

KAZ Minerals PLC

     100,064       856,047  

Rio Tinto PLC

     472,007       30,461,578  
   

 

 

  
        63,752,963  
United States — 11.6%            

Alcoa Corp.(a)

    77,804       1,548,300  

Allegheny Technologies Inc.(a)

    52,788       712,110  

Arconic Corp.(a)

    41,340       1,137,264  

Carpenter Technology Corp.

     20,352       497,403  

Century Aluminum Co.(a)(b)

    22,535       228,730  

Cleveland-Cliffs Inc.

     169,600       1,867,296  

Commercial Metals Co.

     50,456       1,004,579  

Compass Minerals International Inc.

     14,239       889,368  

Coronado Global Resources Inc.(e)

    280,496       217,018  
 

 

 

2  

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
United States (continued)            

Freeport-McMoRan Inc.

     610,984     $ 14,290,916  

Kaiser Aluminum Corp.

     6,784       529,016  

Materion Corp.

     8,480       494,384  

Nucor Corp.

     126,776       6,807,871  

Reliance Steel & Aluminum Co.

     26,726       3,148,323  

Schnitzer Steel Industries Inc., Class A

     11,448       293,298  

Steel Dynamics Inc.

     88,644       3,209,799  

SunCoke Energy Inc.

     35,828       161,226  

United States Steel Corp.

     92,644       1,314,618  

Warrior Met Coal Inc.

     22,553       392,873  

Worthington Industries Inc.

     16,324       844,277  
   

 

 

  
      39,588,669  
   

 

 

  

Total Common Stocks — 98.6%
(Cost: $326,500,606)

         337,610,974  
   

 

 

  

Preferred Stocks

    
Brazil — 1.1%            

Bradespar SA, Preference Shares, NVS

     84,800       914,731  

Cia. Ferro Ligas da Bahia-Ferbasa, Preference Shares, NVS

     21,200       74,745  

Gerdau SA, Preference Shares, NVS

     466,400       1,956,990  

Metalurgica Gerdau SA, Preference Shares, NVS

     318,000       605,754  

Usinas Siderurgicas de Minas Gerais SA Usiminas, Class A, Preference Shares, NVS

     169,600       429,813  
   

 

 

  
      3,982,033  
   

 

 

  

Total Preferred Stocks — 1.1%
(Cost: $1,945,075)

       3,982,033  
   

 

 

  

Rights

    
Sweden — 0.0%            

Granges AB (Expires 12/11/20)(a)(b)

    31,800       47,980  
   

 

 

  

Total Rights — 0.0%
(Cost: $0)

       47,980  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 1.0%            

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

    3,282,143     $ 3,284,113  
   

 

 

  

Total Short-Term Investments — 1.0%
(Cost: $3,283,217)

       3,284,113  
   

 

 

  

Total Investments in Securities — 100.7%
(Cost: $331,728,898)

       344,925,100  

Other Assets, Less Liabilities — (0.7)%

       (2,434,383 ) 
   

 

 

  

Net Assets — 100.0%

     $   342,490,717  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

All or a portion of this security is on loan.

(c) 

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

(d) 

Rounds to less than $1.

(e) 

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.

(f) 

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

(g) 

Affiliate of the Fund.

(h) 

Annualized 7-day yield as of period-end.

(i) 

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

   $ 1,607,682     $ 1,677,829 (a)    $ —     $ (684 )    $ (714 )    $ 3,284,113       3,282,143     $ 23,322 (b)    $ —  

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

     —       0 (a)       —       —       —       —       —       94       —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  
        $ (684 )    $ (714 )    $ 3,284,113       $ 23,416     $ —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

  (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.

 

 

 

  3

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Global Metals & Mining Producers ETF

 

Futures Contracts

 

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

MSCI Emerging Markets E-Mini Index

        11          12/18/20        $      661      $ 70,903  
                   

 

 

  

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

    $ 337,610,974        $ —        $ 0 (a)     $ 337,610,974  

Preferred Stocks

      3,982,033          —          —        3,982,033  

Rights

      47,980          —          —        47,980  

Money Market Funds

      3,284,113          —          —        3,284,113  
  

 

 

       

 

 

       

 

 

     

 

 

  
   $ 344,925,100        $ —        $ 0 (a)     $ 344,925,100  
  

 

 

       

 

 

       

 

 

     

 

 

  

Derivative financial instruments(b)

               

Assets

                

Futures Contracts

    $ 70,903        $             —        $             —      $ 70,903  
  

 

 

       

 

 

       

 

 

     

 

 

  

 

  (a) 

Rounds to less than $1.

 
  (b) 

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

 

Portfolio Abbreviations - Equity

 

ADR    American Depositary Receipt
GDR    Global Depositary Receipt
NVS    Non-Voting Shares
PJSC    Public Joint Stock Company

 

 

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