NPORT-EX 2 NPORT_5624033284682575.htm iShares MSCI Canada ETF

Schedule of Investments (unaudited)

November 30, 2020

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 0.5%            

CAE Inc.

     474,887     $ 11,513,967  
   

 

 

  
Airlines — 0.2%            

Air Canada(a)

    267,480       5,098,199  
   

 

 

  
Auto Components — 1.2%            

Magna International Inc.

     473,846       29,120,376  
   

 

 

  
Banks — 24.6%            

Bank of Montreal

     1,025,868       73,882,445  

Bank of Nova Scotia (The)

     1,923,913       93,827,688  

Canadian Imperial Bank of Commerce

     716,204       60,506,223  

National Bank of Canada

     541,945       30,085,287  

Royal Bank of Canada

     2,234,373       182,867,197  

Toronto-Dominion Bank (The)

     2,837,813       151,712,080  
   

 

 

  
        592,880,920  
Capital Markets — 3.9%            

Brookfield Asset Management Inc., Class A

     2,045,512       82,789,648  

CI Financial Corp.

     384,390       5,048,474  

IGM Financial Inc.

     153,769       4,075,905  

TMX Group Ltd.

     33,061       3,260,178  
   

 

 

  
      95,174,205  
Chemicals — 1.9%            

Nutrien Ltd.

     924,687       45,738,434  
   

 

 

  
Commercial Services & Supplies — 0.3%            

GFL Environmental Inc.

     122,278       3,340,259  

Ritchie Bros Auctioneers Inc.

     49,991       3,603,410  
   

 

 

  
      6,943,669  
Construction & Engineering — 0.6%  

WSP Global Inc.

     187,160       13,929,765  
   

 

 

  
Containers & Packaging — 0.5%            

CCL Industries Inc., Class B, NVS

     250,558       11,071,033  
   

 

 

  
Diversified Financial Services — 0.3%            

Onex Corp.

     144,747       7,748,360  
   

 

 

  
Diversified Telecommunication Services — 1.0%  

BCE Inc.

     253,231       11,001,547  

TELUS Corp.

     657,499       12,709,584  
   

 

 

  
      23,711,131  
Electric Utilities — 2.4%            

Emera Inc.

     392,214       16,298,112  

Fortis Inc.

     708,202       28,576,189  

Hydro One Ltd.(b)

    543,908       12,717,349  
   

 

 

  
      57,591,650  
Equity Real Estate Investment Trusts (REITs) — 0.4%  

Canadian Apartment Properties REIT

     143,615       5,669,684  

RioCan REIT

     284,182       3,846,402  
   

 

 

  
      9,516,086  
Food & Staples Retailing — 4.1%            

Alimentation Couche-Tard Inc., Class B

     1,394,473       46,410,696  

Empire Co. Ltd., Class A, NVS

     293,443       8,047,661  

George Weston Ltd.

     128,536       9,532,830  

Loblaw Companies Ltd.

     297,018       14,714,527  

Metro Inc.

     415,169       19,113,344  
   

 

 

  
      97,819,058  
Security   Shares     Value  
Food Products — 0.5%            

Saputo Inc.

     404,084     $ 11,234,776  
   

 

 

  
Gas Utilities — 0.3%            

AltaGas Ltd.

     482,935       6,946,453  
   

 

 

  
Hotels, Restaurants & Leisure — 1.1%            

Restaurant Brands International Inc.

     459,620       26,249,306  
   

 

 

  
Independent Power and Renewable Electricity Producers — 0.3%  

Brookfield Renewable Corp., Class A

     44,289       3,482,560  

Northland Power Inc.

     101,433       3,483,897  
   

 

 

  
      6,966,457  
Insurance — 7.3%            

Fairfax Financial Holdings Ltd.

     43,942       15,102,837  

Great-West Lifeco Inc.

     464,739       10,833,988  

iA Financial Corp. Inc.

     182,201       7,995,811  

Intact Financial Corp.

     225,815       25,317,279  

Manulife Financial Corp.

     3,136,661       53,564,556  

Power Corp. of Canada

     922,726       20,819,900  

Sun Life Financial Inc.

     946,942       42,140,709  
   

 

 

  
      175,775,080  
IT Services — 8.6%            

CGI Inc.(a)

    387,839       28,704,097  

Shopify Inc., Class A(a)

    165,811       178,845,313  
   

 

 

  
        207,549,410  
Media — 0.9%            

Quebecor Inc., Class B

     300,081       7,488,710  

Shaw Communications Inc., Class B, NVS

     772,358       13,457,708  
   

 

 

  
      20,946,418  
Metals & Mining — 10.1%            

Agnico Eagle Mines Ltd.

     387,670       25,460,756  

B2Gold Corp.

     547,342       3,057,918  

Barrick Gold Corp.

     2,843,927       65,419,758  

First Quantum Minerals Ltd.

     1,078,478       15,337,873  

Franco-Nevada Corp.

     303,062       40,427,755  

Kinross Gold Corp.

     2,061,397       14,714,038  

Kirkland Lake Gold Ltd.

     446,372       18,328,153  

Lundin Mining Corp.

     1,147,591       9,192,063  

Pan American Silver Corp.

     107,606       3,173,626  

SSR Mining Inc.(a)

    173,787       3,223,890  

Teck Resources Ltd., Class B

     828,756       13,122,983  

Wheaton Precious Metals Corp.

     722,632       27,953,964  

Yamana Gold Inc.

     596,662       3,121,667  
   

 

 

  
      242,534,444  
Multi-Utilities — 1.0%            

Algonquin Power & Utilities Corp.

     961,312       15,095,840  

Atco Ltd., Class I, NVS

     136,562       4,114,037  

Canadian Utilities Ltd., Class A, NVS

     223,708       5,600,037  
   

 

 

  
      24,809,914  
Multiline Retail — 1.4%            

Canadian Tire Corp. Ltd., Class A, NVS

     98,831       12,657,598  

Dollarama Inc.

     487,205       19,985,969  
   

 

 

  
      32,643,567  
Oil, Gas & Consumable Fuels — 12.8%  

Cameco Corp.

     677,308       6,789,282  

Canadian Natural Resources Ltd.

     1,915,695       43,801,252  

Cenovus Energy Inc.

     1,803,045       8,960,267  

Enbridge Inc.

     2,876,543       90,032,089  

Imperial Oil Ltd.

     450,879       7,821,406  
 

 

 

  1

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Oil, Gas & Consumable Fuels (continued)  

Inter Pipeline Ltd.

     718,526     $ 7,174,725  

Keyera Corp.

     376,027       6,502,635  

Parkland Corp./Canada

     254,106       7,800,244  

Pembina Pipeline Corp.

     893,413       22,833,428  

Suncor Energy Inc.

     2,474,383       39,658,103  

TC Energy Corp.

     1,496,731       65,983,673  
   

 

 

  
        307,357,104  
Pharmaceuticals — 0.8%            

Bausch Health Companies Inc.(a)

    530,853       9,876,430  

Canopy Growth Corp.(a)(c)

    362,220       10,431,399  
   

 

 

  
      20,307,829  
Professional Services — 1.0%            

Thomson Reuters Corp.

     296,489       23,551,646  
   

 

 

  
Real Estate Management & Development — 0.1%  

FirstService Corp.

     23,284       3,182,392  
   

 

 

  
Road & Rail — 7.1%            

Canadian National Railway Co.

     963,027       101,066,187  

Canadian Pacific Railway Ltd.

     216,622       70,135,113  
   

 

 

  
      171,201,300  
Software — 2.7%            

BlackBerry Ltd.(a)

    931,626       5,499,606  

Constellation Software Inc.

     32,436       40,254,781  

Open Text Corp.

     441,781       19,544,181  
   

 

 

  
      65,298,568  
Textiles, Apparel & Luxury Goods — 0.4%            

Gildan Activewear Inc.(c)

    351,049       9,199,494  
   

 

 

  
Trading Companies & Distributors — 0.1%            

Toromont Industries Ltd.

     47,463       3,253,810  
   

 

 

  
Security   Shares     Value  
Wireless Telecommunication Services — 1.1%  

Rogers Communications Inc., Class B, NVS

     582,533     $ 27,537,597  
   

 

 

  

Total Common Stocks — 99.5%
(Cost: $2,610,791,095)

         2,394,402,418  
   

 

 

  

Short-Term Investments

    
Money Market Funds — 0.5%            

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

    10,982,023       10,988,613  

BlackRock Cash Funds: Treasury,
SL Agency Shares, 0.04%(d)(e)

    815,000       815,000  
   

 

 

  
      11,803,613  
   

 

 

  

Total Short-Term Investments — 0.5%
(Cost: $11,795,225)

 

     11,803,613  
   

 

 

  

Total Investments in Securities — 100.0%
(Cost: $2,622,586,320)

 

     2,406,206,031  

Other Assets, Less Liabilities — 0.0%

       208,729  
   

 

 

  

Net Assets — 100.0%

     $ 2,406,414,760  
   

 

 

  

 

(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) 

All or a portion of this security is on loan.

(d) 

Affiliate of the Fund.

(e) 

Annualized 7-day yield as of period-end.

(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

   $ 12,143,692     $ —     $ (1,151,442 )(a)    $ 2,777     $ (6,414 )    $ 10,988,613       10,982,023     $ 41,977 (b)    $ —  

BlackRock Cash Funds: Treasury, SL Agency Shares

     945,000       —       (130,000 )(a)       —       —       815,000       815,000       195       —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  
        $ 2,777     $ (6,414 )    $ 11,803,613       $ 42,172     $ —  
       

 

 

    

 

 

    

 

 

      

 

 

    

 

 

  

 

  (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.

 

 

 

2  

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Canada ETF

 

Futures Contracts    

 

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

S&P/TSX 60 Index

        70          12/17/20        $11,041      $ 608,198  
                   

 

 

  

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

    $ 2,394,402,418        $ —        $ —        $ 2,394,402,418  

Money Market Funds

      11,803,613          —          —          11,803,613  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 2,406,206,031        $ —        $ —        $ 2,406,206,031  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                 

Assets

                  

Futures Contracts

    $ 608,198        $ —        $ —        $ 608,198  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

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

 

Portfolio Abbreviations - Equity

NVS    Non-Voting Shares

 

 

  3