NPORT-EX 2 NPORT_5624723018403600.htm iShares MSCI Emerging Markets ex China ETF

Schedule of Investments (unaudited) 

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    

Argentina — 0.2%

    

Globant SA(a)

     692     $ 130,567  

Telecom Argentina SA, ADR

     1,964       16,556  

YPF SA, ADR(a)

     3,222       16,207  
   

 

 

  
      163,330  
Brazil — 6.0%            

Ambev SA

     104,400       270,975  

Atacadao SA

     9,000       33,603  

B2W Cia. Digital(a)

     5,468       71,470  

B3 SA - Brasil, Bolsa, Balcao

     43,200       450,195  

Banco Bradesco SA

     25,428       102,210  

Banco BTG Pactual SA

     5,400       79,424  

Banco do Brasil SA

     16,200       101,841  

Banco Santander Brasil SA

     9,000       65,418  

BB Seguridade Participacoes SA

     13,500       71,584  

BRF SA(a)

     9,321       38,124  

CCR SA

     27,000       65,368  

Centrais Eletricas Brasileiras SA

     7,291       42,045  

Cia Brasileira de Distribuicao

     3,600       46,285  

Cia. de Saneamento Basico do Estado de Sao Paulo

     7,200       59,539  

Cia. Siderurgica Nacional SA

     16,200       70,711  

Cosan SA

     3,600       51,826  

CPFL Energia SA

     7,200       41,907  

Energisa SA

     3,600       31,106  

Engie Brasil Energia SA

     5,400       42,449  

Equatorial Energia SA

     21,600       87,384  

Hapvida Participacoes e Investimentos SA(b)

     27,000       72,285  

Hypera SA

     10,800       64,385  

JBS SA

     27,000       116,048  

Klabin SA

     14,400       67,052  

Localiza Rent a Car SA

     12,640       157,749  

Lojas Renner SA

     18,030       149,565  

Magazine Luiza SA

     64,800       281,281  

Multiplan Empreendimentos Imobiliarios SA

     10,800       45,457  

Natura & Co. Holding SA(a)

     19,894       186,192  

Notre Dame Intermedica Participacoes SA

     10,800       137,352  

Petrobras Distribuidora SA

     14,400       54,887  

Petroleo Brasileiro SA

     79,200       375,697  

Raia Drogasil SA

     24,000       115,184  

Rumo SA(a)

     27,000       95,044  

Sul America SA

     5,501       43,733  

Suzano SA(a)

     16,200       169,936  

Telefonica Brasil SA

     9,000       74,775  

TIM SA

     10,828       27,120  

Ultrapar Participacoes SA

     16,200       61,147  

Vale SA

     77,471       1,121,903  

Via Varejo SA(a)

     30,600       100,842  

WEG SA

     18,040       246,410  
   

 

 

  
        5,587,508  
British Virgin Islands — 0.1%            

Mail.Ru Group Ltd., GDR(a)(c)

     2,304       66,781  
   

 

 

  
Chile — 0.7%            

Banco de Chile

     767,296       67,173  

Banco de Credito e Inversiones SA

     1,188       41,199  

Banco Santander Chile

     1,472,004       63,522  

Cencosud SA

     34,110       58,554  

Cencosud Shopping SA

     10,656       17,614  

Cia. Cervecerias Unidas SA

     4,410       30,990  

 

Security   Shares     Value  
Chile (continued)            

Empresas CMPC SA

     22,860     $ 49,178  

Empresas COPEC SA

     6,683       52,713  

Enel Americas SA

     873,324       125,927  

Enel Chile SA

     644,166       44,569  

Falabella SA

     19,188       65,317  
   

 

 

  
      616,756  
China — 0.1%            

Silergy Corp.

     1,000       77,888  
   

 

 

  
Colombia — 0.2%            

Bancolombia SA

     7,110       54,877  

Ecopetrol SA

     106,056       61,541  

Interconexion Electrica SA ESP

     12,384       78,387  
   

 

 

  
      194,805  
Czech Republic — 0.2%            

CEZ AS(d)

     3,276       69,497  

Komercni Banka AS(a)

     1,836       49,177  

Moneta Money Bank AS(a)(b)

     16,236       48,509  
   

 

 

  
      167,183  
Egypt — 0.1%            

Commercial International Bank Egypt SAE

     20,970       83,158  

Eastern Co. SAE

     32,562       22,372  
   

 

 

  
      105,530  
Greece — 0.2%            

Hellenic Telecommunications Organization SA

     6,300       105,279  

JUMBO SA

     1,893       33,943  

OPAP SA

     3,493       39,485  
   

 

 

  
      178,707  
Hungary — 0.4%            

MOL Hungarian Oil & Gas PLC(a)

     8,568       57,484  

OTP Bank Nyrt(a)

     5,310       211,029  

Richter Gedeon Nyrt

     3,906       92,709  
   

 

 

  
      361,222  
Indonesia — 2.3%            

Adaro Energy Tbk PT

     270,000       26,579  

Astra International Tbk PT

     448,200       168,234  

Bank Central Asia Tbk PT

     217,800       478,558  

Bank Mandiri Persero Tbk PT

     406,800       182,224  

Bank Negara Indonesia Persero Tbk PT

     174,600       74,193  

Bank Rakyat Indonesia Persero Tbk PT

     1,224,000       354,544  

Barito Pacific Tbk PT(a)

     637,200       47,384  

Charoen Pokphand Indonesia Tbk PT

     171,000       73,571  

Gudang Garam Tbk PT(a)

     9,000       26,930  

Indah Kiat Pulp & Paper Corp. Tbk PT

     54,000       33,176  

Indocement Tunggal Prakarsa Tbk PT

     34,200       34,636  

Indofood CBP Sukses Makmur Tbk PT

     51,300       35,968  

Indofood Sukses Makmur Tbk PT

     86,400       43,445  

Kalbe Farma Tbk PT

     466,200       49,691  

Merdeka Copper Gold Tbk PT(a)

     289,800       39,817  

Perusahaan Gas Negara Tbk PT

     279,000       27,465  

Semen Indonesia Persero Tbk PT

     66,600       55,186  

Telekomunikasi Indonesia Persero Tbk PT

     992,200       226,969  

Unilever Indonesia Tbk PT

     169,800       92,897  

United Tractors Tbk PT

     34,200       55,708  
   

 

 

  
        2,127,175  
Kuwait — 0.8%            

Agility Public Warehousing Co. KSC

     26,262       55,211  

Boubyan Bank KSCP

     30,402       58,448  
 

 

 

  1

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Kuwait (continued)            

Gulf Bank KSCP

     16,164     $ 11,098  

Kuwait Finance House KSCP

     88,668       197,137  

Mabanee Co. KPSC

     12,150       24,789  

Mobile Telecommunications Co. KSC

     56,448       107,230  

National Bank of Kuwait SAKP

     125,424       344,470  
   

 

 

  
      798,383  
Luxembourg — 0.1%            

Allegro.eu SA(a)(b)

     4,608       94,754  
   

 

 

  
Malaysia — 2.6%            

Axiata Group Bhd

     70,200       61,171  

CIMB Group Holdings Bhd

     124,200       110,664  

Dialog Group Bhd

     79,200       69,985  

DiGi.Com Bhd

     66,600       65,390  

Gamuda Bhd

     57,600       50,474  

Genting Bhd

     61,200       60,990  

Genting Malaysia Bhd

     72,000       43,299  

Hartalega Holdings Bhd

     37,800       133,608  

Hong Leong Bank Bhd

     14,900       62,833  

IHH Healthcare Bhd

     54,000       74,492  

IOI Corp. Bhd

     37,800       40,546  

Kossan Rubber Industries

     28,800       44,041  

Kuala Lumpur Kepong Bhd

     12,600       72,681  

Malayan Banking Bhd

     90,500       175,491  

Malaysia Airports Holdings Bhd

     25,344       32,411  

Maxis Bhd

     61,200       73,608  

MISC Bhd

     32,400       54,000  

Nestle Malaysia Bhd

     1,800       59,205  

Petronas Chemicals Group Bhd

     50,400       79,423  

Petronas Dagangan Bhd

     3,600       18,345  

Petronas Gas Bhd

     18,000       80,236  

PPB Group Bhd

     16,240       74,144  

Press Metal Aluminium Holdings Bhd

     39,600       68,041  

Public Bank Bhd

     64,800       276,760  

RHB Bank Bhd

     36,000       45,508  

Sime Darby Bhd

     58,200       33,000  

Sime Darby Plantation Bhd

     55,800       67,113  

Supermax Corp. Bhd(a)

     34,200       76,392  

Telekom Malaysia Bhd

     30,600       37,856  

Tenaga Nasional Bhd

     56,600       140,041  

Top Glove Corp. Bhd

     108,000       188,748  

YTL Corp. Bhd(a)

     5,000       792  
   

 

 

  
        2,471,288  
Mexico — 3.0%            

Alfa SAB de CV, Class A

     36,400       28,731  

America Movil SAB de CV, Series L, NVS

     725,800       544,445  

Arca Continental SAB de CV

     10,800       52,841  

Cemex SAB de CV, CPO, NVS

     331,200       151,169  

Coca-Cola Femsa SAB de CV

     12,600       56,922  

Fibra Uno Administracion SA de CV

     77,400       77,183  

Fomento Economico Mexicano SAB de CV

     43,200       312,804  

Gruma SAB de CV, Class B

     4,680       51,631  

Grupo Aeroportuario del Pacifico SAB de CV, Class B(a)

     9,000       92,391  

Grupo Aeroportuario del Sureste SAB de CV, Class B(a)

     4,625       68,999  

Grupo Bimbo SAB de CV, Series A

     37,802       80,193  

Grupo Financiero Banorte SAB de CV, Class O(a)

     56,000       281,132  

Grupo Financiero Inbursa SAB de CV, Class O(a)

     63,000       61,667  

Grupo Mexico SAB de CV, Series B

     70,200       255,425  

Grupo Televisa SAB, CPO(a)

     60,300       96,987  

Industrias Penoles SAB de CV

     3,247       47,778  

 

Security   Shares     Value  
Mexico (continued)            

Infraestructura Energetica Nova SAB de CV(a)

     7,200     $ 25,630  

Kimberly-Clark de Mexico SAB de CV, Class A

     34,200       54,397  

Megacable Holdings SAB de CV, CPO

     9,000       32,845  

Orbia Advance Corp. SAB de CV

     23,400       48,027  

Promotora y Operadora de Infraestructura SAB de CV

     4,885       39,104  

Telesites SAB de CV(a)

     30,600       31,957  

Wal-Mart de Mexico SAB de CV

     118,800       313,849  
   

 

 

  
        2,806,107  
Pakistan — 0.0%            

MCB Bank Ltd.

     33,966       37,727  
   

 

 

  
Peru — 0.4%            

Cia. de Minas Buenaventura SAA, ADR

     4,680       51,948  

Credicorp Ltd.

     1,458       224,401  

Southern Copper Corp.

     1,998       118,621  
   

 

 

  
      394,970  
Philippines — 1.3%            

Aboitiz Equity Ventures Inc.

     50,650       44,456  

Ayala Corp.

     6,660       114,070  

Ayala Land Inc.

     180,200       142,421  

Bank of the Philippine Islands

     37,800       65,254  

BDO Unibank Inc.

     40,860       87,788  

Globe Telecom Inc.

     810       32,818  

GT Capital Holdings Inc.

     2,524       30,448  

International Container Terminal Services Inc.

     23,040       55,971  

JG Summit Holdings Inc.

     76,020       103,800  

Jollibee Foods Corp.

     11,160       43,869  

Metro Pacific Investments Corp.

     468,600       39,960  

Metropolitan Bank & Trust Co.

     28,847       28,769  

PLDT Inc.

     1,800       49,193  

SM Investments Corp.

     6,120       123,469  

SM Prime Holdings Inc.

     241,200       180,599  

Universal Robina Corp.

     23,220       68,578  
   

 

 

  
      1,211,463  
Poland — 1.0%            

Bank Polska Kasa Opieki SA(a)

     3,978       60,222  

CD Projekt SA(a)(d)

     1,350       140,295  

Dino Polska SA(a)(b)

     882       59,349  

Grupa Lotos SA

     570       5,273  

KGHM Polska Miedz SA(a)

     3,042       120,933  

LPP SA(a)

     36       65,987  

Orange Polska SA(a)

     15,660       26,448  

PGE Polska Grupa Energetyczna SA(a)

     20,880       32,111  

Polski Koncern Naftowy ORLEN SA

     7,164       105,778  

Polskie Gornictwo Naftowe i Gazownictwo SA

     44,532       56,829  

Powszechna Kasa Oszczednosci Bank Polski SA(a)

     20,340       143,270  

Powszechny Zaklad Ubezpieczen SA(a)(d)

     13,518       90,601  

Santander Bank Polska SA(a)

     882       40,947  
   

 

 

  
      948,043  
Qatar — 1.2%            

Commercial Bank PSQC (The)

     42,300       49,597  

Industries Qatar QSC

     38,448       113,997  

Masraf Al Rayan QSC

     100,440       115,601  

Mesaieed Petrochemical Holding Co.

     98,640       55,595  

Ooredoo QPSC

     28,350       51,657  

Qatar Electricity & Water Co. QSC

     15,840       76,809  

Qatar Fuel QSC

     5,925       29,545  

Qatar Gas Transport Co. Ltd.

     40,838       35,653  

Qatar International Islamic Bank QSC

     12,906       30,870  
 

 

 

  2

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Qatar (continued)            

Qatar Islamic Bank SAQ

     26,640     $ 119,629  

Qatar National Bank QPSC

     97,776       467,005  
   

 

 

  
        1,145,958  
Russia — 4.7%            

Alrosa PJSC

     56,163       64,573  

Gazprom PJSC

     248,220       591,970  

Inter RAO UES PJSC

     1,062,000       71,305  

LUKOIL PJSC

     8,766       576,531  

Magnit PJSC, GDR(c)

     5,630       84,957  

MMC Norilsk Nickel PJSC

     1,386       388,758  

Mobile TeleSystems PJSC, ADR

     14,094       121,631  

Moscow Exchange MICEX-RTS PJSC

     26,100       52,176  

Novatek PJSC, GDR(c)

     2,016       313,286  

Novolipetskiy Metallurgicheskiy Kombinat PAO

     24,840       62,471  

PhosAgro PJSC, GDR(c)

     3,096       39,567  

Polymetal International PLC

     4,565       95,209  

Polyus PJSC

     621       117,896  

Rosneft Oil Co. PJSC, GDR(c)

     26,593       154,452  

Sberbank of Russia PJSC

     224,820       733,725  

Severstal PAO

     4,633       67,810  

Surgutneftegas PJSC

     157,500       72,620  

Tatneft PJSC

     30,132       193,015  

VTB Bank PJSC, GDR(c)

     37,512       34,924  

X5 Retail Group NV, GDR(c)

     3,204       113,948  

Yandex NV, Class A(a)

     5,976       419,519  
   

 

 

  
      4,370,343  
Saudi Arabia — 4.5%            

Abdullah Al Othaim Markets Co.

     1,368       46,395  

Advanced Petrochemical Co.

     4,248       69,656  

Al Rajhi Bank

     23,868       476,011  

Alinma Bank(a)

     17,787       76,543  

Almarai Co. JSC

     5,778       86,117  

Arab National Bank

     10,638       57,861  

Bank AlBilad

     10,566       74,373  

Bank Al-Jazira

     15,084       55,179  

Banque Saudi Fransi

     12,528       110,730  

Bupa Arabia for Cooperative Insurance Co.(a)

     1,548       51,839  

Co for Cooperative Insurance (The)(a)

     2,448       54,892  

Dar Al Arkan Real Estate Development Co.(a)

     9,180       21,514  

Dr Sulaiman Al Habib Medical Services Group Co.

     1,476       45,650  

Emaar Economic City(a)

     8,606       22,579  

Etihad Etisalat Co.(a)

     7,830       62,004  

Jarir Marketing Co.

     1,584       74,331  

National Commercial Bank

     29,646       333,958  

National Industrialization Co.(a)

     7,370       25,663  

Riyad Bank

     28,386       157,574  

Sahara International Petrochemical Co.

     11,682       52,452  

Samba Financial Group

     22,626       186,408  

Saudi Airlines Catering Co.

     1,512       31,928  

Saudi Arabian Fertilizer Co.

     3,996       87,365  

Saudi Arabian Mining Co.(a)

     7,722       86,781  

Saudi Arabian Oil Co.(b)

     44,046       422,774  

Saudi Basic Industries Corp.

     18,954       489,693  

Saudi British Bank (The)

     14,544       105,282  

Saudi Cement Co.

     2,412       37,364  

Saudi Electricity Co.

     19,584       112,577  

Saudi Industrial Investment Group

     8,532       59,714  

Saudi Kayan Petrochemical Co.(a)

     22,032       70,374  

Saudi Telecom Co.

     13,050       375,084  

 

Security   Shares     Value  
Saudi Arabia (continued)            

Savola Group (The)

     5,598     $ 68,732  

Yanbu National Petrochemical Co.

     5,148       84,414  
   

 

 

  
        4,173,811  
South Africa — 5.7%            

Absa Group Ltd.

     15,282       108,817  

Anglo American Platinum Ltd.

     954       69,422  

AngloGold Ashanti Ltd.

     8,856       186,754  

Aspen Pharmacare Holdings Ltd.(a)

     8,820       70,372  

Bid Corp. Ltd.

     7,668       138,414  

Bidvest Group Ltd. (The)

     7,344       77,420  

Capitec Bank Holdings Ltd.(a)

     1,635       136,866  

Clicks Group Ltd.

     5,850       88,747  

Discovery Ltd.

     8,388       66,773  

Exxaro Resources Ltd.

     4,788       36,906  

FirstRand Ltd.

     102,780       301,973  

Gold Fields Ltd.

     19,188       163,088  

Growthpoint Properties Ltd.

     68,634       52,641  

Harmony Gold Mining Co. Ltd.(a)

     11,592       47,390  

Impala Platinum Holdings Ltd.

     17,928       188,498  

Kumba Iron Ore Ltd.

     918       31,260  

Mr. Price Group Ltd.

     5,747       60,429  

MTN Group Ltd.

     37,854       162,019  

MultiChoice Group

     9,900       83,224  

Naspers Ltd., Class N

     9,360       1,892,382  

Nedbank Group Ltd.

     8,479       67,114  

NEPI Rockcastle PLC

     10,361       52,741  

Northam Platinum Ltd.(a)

     7,236       82,402  

Old Mutual Ltd.

     102,582       77,485  

Rand Merchant Investment Holdings Ltd.

     16,956       33,416  

Reinet Investments SCA

     3,672       65,445  

Remgro Ltd.

     10,296       61,325  

Sanlam Ltd.

     35,496       127,179  

Sasol Ltd.(a)

     12,438       97,077  

Shoprite Holdings Ltd.

     10,332       85,300  

Sibanye Stillwater Ltd.

     50,351       167,552  

SPAR Group Ltd. (The)

     4,230       52,185  

Standard Bank Group Ltd.

     27,558       215,710  

Tiger Brands Ltd.

     3,474       44,221  

Vodacom Group Ltd.

     13,878       110,504  

Woolworths Holdings Ltd.

     22,392       50,626  
   

 

 

  
      5,353,677  
South Korea — 20.0%            

Alteogen Inc.(a)

     432       62,738  

Amorepacific Corp.

     720       116,470  

AMOREPACIFIC Group

     648       30,803  

BGF retail Co. Ltd.

     253       28,694  

Celltrion Healthcare Co. Ltd.(a)

     1,317       145,322  

Celltrion Inc.(a)

     2,052       630,500  

Celltrion Pharm Inc.(a)

     342       58,507  

CJ CheilJedang Corp.

     234       76,446  

Coway Co. Ltd.(a)

     1,260       79,024  

Daelim Industrial Co. Ltd.

     810       58,560  

Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)

     900       22,001  

DB Insurance Co. Ltd.

     1,152       45,807  

Doosan Heavy Industries & Construction Co. Ltd.(a)

     4,356       65,937  

Douzone Bizon Co. Ltd.

     432       41,187  

E-MART Inc.

     522       72,647  

Fila Holdings Corp.

     1,098       40,981  

GS Engineering & Construction Corp.

     1,836       52,597  
 

 

 

  3

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
South Korea (continued)            

GS Holdings Corp.

     1,386     $ 43,902  

Hana Financial Group Inc.

     6,156       188,316  

Hankook Tire & Technology Co. Ltd.

     1,661       49,085  

Hanmi Pharm Co. Ltd.

     181       58,640  

Hanon Systems

     5,508       74,913  

Hanwha Corp.

     1,404       32,735  

Hanwha Solutions Corp.

     2,628       113,404  

HLB Inc.(a)

     1,008       82,987  

Hotel Shilla Co. Ltd.

     828       59,862  

Hyundai Engineering & Construction Co. Ltd.

     1,872       56,843  

Hyundai Glovis Co. Ltd.

     486       78,178  

Hyundai Heavy Industries Holdings Co. Ltd.

     216       54,559  

Hyundai Marine & Fire Insurance Co. Ltd.

     1,476       29,745  

Hyundai Mobis Co. Ltd.

     1,512       333,404  

Hyundai Motor Co.

     3,438       563,912  

Hyundai Steel Co.

     1,728       49,659  

Industrial Bank of Korea

     1,872       15,733  

Kakao Corp.

     1,260       419,032  

Kangwon Land Inc.

     2,178       44,188  

KB Financial Group Inc.

     8,640       354,095  

Kia Motors Corp.

     5,742       299,930  

KMW Co. Ltd.(a)

     414       27,499  

Korea Aerospace Industries Ltd.

     2,088       43,871  

Korea Electric Power Corp.(a)

     5,706       110,608  

Korea Investment Holdings Co. Ltd.

     1,026       68,706  

Korea Shipbuilding & Offshore Engineering Co. Ltd.(a)

     864       80,423  

Korea Zinc Co. Ltd.

     180       61,651  

KT&G Corp.

     2,628       195,933  

Kumho Petrochemical Co. Ltd.

     144       18,089  

LG Chem Ltd.

     1,008       728,752  

LG Corp.

     2,106       134,367  

LG Display Co. Ltd.(a)

     5,040       69,459  

LG Electronics Inc.

     2,592       200,277  

LG Household & Health Care Ltd.

     216       295,535  

LG Innotek Co. Ltd.

     306       42,863  

LG Uplus Corp.

     3,096       33,435  

Lotte Chemical Corp.

     396       100,919  

Lotte Corp.

     702       22,458  

Lotte Shopping Co. Ltd.

     307       28,160  

Mirae Asset Daewoo Co. Ltd.

     8,280       70,936  

NAVER Corp.

     2,592       650,020  

NCSoft Corp.

     342       250,346  

Netmarble Corp.(a)(b)

     414       46,767  

NH Investment & Securities Co. Ltd.

     3,546       34,449  

Orion Corp./Republic of Korea

     612       65,539  

POSCO

     1,656       350,191  

POSCO Chemical Co. Ltd.

     612       50,606  

S-1 Corp.

     270       19,227  

Samsung Biologics Co. Ltd.(a)(b)

     378       268,499  

Samsung C&T Corp.

     1,782       194,055  

Samsung Card Co. Ltd.

     1,710       51,151  

Samsung Electro-Mechanics Co. Ltd.

     1,368       192,859  

Samsung Electronics Co. Ltd.

     101,934         6,144,320  

Samsung Engineering Co. Ltd.(a)

     3,510       43,298  

Samsung Fire & Marine Insurance Co. Ltd.

     648       110,094  

Samsung Heavy Industries Co. Ltd.(a)

     10,710       66,106  

Samsung Life Insurance Co. Ltd.

     1,584       102,064  

Samsung SDI Co. Ltd.

     1,224       589,573  

Samsung SDS Co. Ltd.

     540       84,425  

Samsung Securities Co. Ltd.

     1,062       37,862  

 

Security   Shares     Value  
South Korea (continued)            

Seegene Inc.

     396     $ 67,244  

Shin Poong Pharmaceutical Co. Ltd.(a)

     648       77,300  

Shinhan Financial Group Co. Ltd.

     9,666       281,275  

Shinsegae Inc.

     180       37,495  

SK Biopharmaceuticals Co. Ltd.(a)

     324       54,900  

SK Chemicals Co. Ltd.

     180       69,296  

SK Holdings Co. Ltd.

     810       154,819  

SK Hynix Inc.

     11,700       1,030,907  

SK Innovation Co. Ltd.

     1,224       191,362  

SK Telecom Co. Ltd.

     792       169,988  

S-Oil Corp.

     648       40,758  

Woori Financial Group Inc.

     8,056       71,565  

Yuhan Corp.

     1,494       86,949  
   

 

 

  
        18,650,593  
Taiwan — 20.9%            

Accton Technology Corp.

     10,000       83,852  

Acer Inc.

     72,000       58,479  

Advantech Co. Ltd.

     4,299       46,304  

Airtac International Group

     3,000       87,361  

ASE Technology Holding Co. Ltd.

     72,000       193,499  

Asia Cement Corp.

     54,000       82,035  

Asustek Computer Inc.

     18,000       157,249  

AU Optronics Corp.(a)

     198,000       84,750  

Catcher Technology Co. Ltd.

     18,000       118,726  

Cathay Financial Holding Co. Ltd.

     166,063       235,381  

Chailease Holding Co. Ltd.

     19,419       106,284  

Chang Hwa Commercial Bank Ltd.

     149,599       93,426  

Cheng Shin Rubber Industry Co. Ltd.

     36,000       53,680  

China Development Financial Holding Corp.

     270,000       84,498  

China Life Insurance Co. Ltd.

     76,857       61,076  

China Steel Corp.

     252,000       201,582  

Chunghwa Telecom Co. Ltd.

     76,000       289,308  

Compal Electronics Inc.

     90,000       60,942  

CTBC Financial Holding Co. Ltd.

     396,000       266,061  

Delta Electronics Inc.

     43,000       338,690  

E.Sun Financial Holding Co. Ltd.

     256,286       226,141  

Eclat Textile Co. Ltd.

     4,000       56,135  

Eva Airways Corp.

     1,000       444  

Evergreen Marine Corp. Taiwan Ltd.(a)

     54,000       46,796  

Far Eastern New Century Corp.

     72,000       69,215  

Far EasTone Telecommunications Co. Ltd.

     38,000       82,659  

Feng TAY Enterprise Co. Ltd.

     8,000       51,504  

First Financial Holding Co. Ltd.

     241,859       180,742  

Formosa Chemicals & Fibre Corp.

     74,000       199,912  

Formosa Petrochemical Corp.

     18,000       57,153  

Formosa Plastics Corp.

     90,000       269,029  

Foxconn Technology Co. Ltd.

     18,000       33,218  

Fubon Financial Holding Co. Ltd.

     144,000       223,812  

Giant Manufacturing Co. Ltd.

     7,000       69,380  

Globalwafers Co. Ltd.

     2,000       39,154  

Highwealth Construction Corp.

     18,600       29,040  

Hiwin Technologies Corp.

     5,000       53,592  

Hon Hai Precision Industry Co. Ltd.

     252,200       728,219  

Hotai Motor Co. Ltd.

     5,600       125,940  

Hua Nan Financial Holdings Co. Ltd.

     226,831       144,443  

Innolux Corp.

     162,000       57,121  

Inventec Corp.

     72,000       58,858  

Largan Precision Co. Ltd.

     2,000       226,296  

Lite-On Technology Corp.

     54,000       91,034  

MediaTek Inc.

     32,000       790,387  
 

 

 

  4

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Taiwan (continued)            

Mega Financial Holding Co. Ltd.

     234,000     $ 233,569  

Micro-Star International Co. Ltd.

     18,000       78,940  

Nan Ya Plastics Corp.

     108,000       243,263  

Nanya Technology Corp.

     36,000       91,445  

Novatek Microelectronics Corp.

     15,000       157,355  

Pegatron Corp.

     54,000       123,715  

Pou Chen Corp.

     54,000       59,205  

Powertech Technology Inc.

     18,000       58,100  

President Chain Store Corp.

     14,000       127,217  

Quanta Computer Inc.

     72,000       194,509  

Realtek Semiconductor Corp.

     10,000       130,164  

Shanghai Commercial & Savings Bank Ltd. (The)

     90,437       123,745  

Shin Kong Financial Holding Co. Ltd.

     238,930       72,008  

SinoPac Financial Holdings Co. Ltd.

     252,259       98,240  

Synnex Technology International Corp.

     36,000       56,206  

Taishin Financial Holding Co. Ltd.

     259,130       121,371  

Taiwan Business Bank

     132,755       46,344  

Taiwan Cement Corp.

     112,983       170,054  

Taiwan Cooperative Financial Holding Co. Ltd.

     222,443       158,428  

Taiwan High Speed Rail Corp.

     54,000       59,584  

Taiwan Mobile Co. Ltd.

     37,000       126,049  

Taiwan Semiconductor Manufacturing Co. Ltd.

     531,000       8,951,688  

Unimicron Technology Corp.

     36,000       113,548  

Uni-President Enterprises Corp.

     108,000       246,294  

United Microelectronics Corp.

     252,000       358,074  

Vanguard International Semiconductor Corp.

     21,000       77,362  

Walsin Technology Corp.

     7,000       47,768  

Win Semiconductors Corp.

     5,000       58,767  

Winbond Electronics Corp.

     72,000       46,228  

Wistron Corp.

     72,598       76,030  

WPG Holdings Ltd.

     37,520       56,143  

Yageo Corp.

     7,000       108,552  

Yuanta Financial Holding Co. Ltd.

     242,320       162,383  

Zhen Ding Technology Holding Ltd.

     8,000       34,664  
   

 

 

  
        19,480,419  
Thailand — 3.1%            

Advanced Info Service PCL, NVDR

     23,400       135,759  

Airports of Thailand PCL, NVDR(d)

     102,600       217,071  

Asset World Corp. PCL, NVDR(d)

     59,400       9,386  

B Grimm Power PCL, NVDR(d)

     21,600       34,988  

Bangkok Bank PCL, Foreign(d)

     12,600       51,858  

Bangkok Commercial Asset Management PCL, NVDR

     16,200       11,246  

Bangkok Dusit Medical Services PCL, NVDR(d)

     219,600       156,079  

Bangkok Expressway & Metro PCL, NVDR

     169,200       51,179  

Berli Jucker PCL, NVDR(d)

     34,200       42,397  

BTS Group Holdings PCL, NVDR(d)

     153,000       51,590  

Bumrungrad Hospital PCL, NVDR

     10,800       44,450  

Central Pattana PCL, NVDR(d)

     54,000       90,595  

Central Retail Corp. PCL, NVDR(a)

     43,200       46,413  

Charoen Pokphand Foods PCL, NVDR(d)

     52,200       49,612  

CP ALL PCL, NVDR(a)(d)

     122,400       244,800  

Delta Electronics Thailand PCL, NVDR

     7,200       54,982  

Electricity Generating PCL, NVDR(d)

     7,200       51,412  

Energy Absolute PCL, NVDR(d)

     37,800       55,919  

Global Power Synergy PCL, NVDR

     18,000       41,802  

Gulf Energy Development PCL, NVDR(d)

     48,600       56,231  

Home Product Center PCL, NVDR(d)

     115,200       55,981  

Intouch Holdings PCL, NVDR(d)

     41,400       75,957  

Kasikornbank PCL, Foreign

     32,400       117,818  

Krungthai Card PCL, NVDR

     30,600       51,590  

 

Security   Shares     Value  
Thailand (continued)            

Land & Houses PCL, NVDR

     205,200     $ 53,250  

Minor International PCL, NVDR(a)(d)

     73,800       60,504  

Muangthai Capital PCL, NVDR(a)(d)

     18,000       32,132  

Osotspa PCL, NVDR(d)

     21,600       26,063  

PTT Exploration & Production PCL, NVDR(d)

     34,200       109,383  

PTT Global Chemical PCL, NVDR(d)

     55,800       105,605  

PTT PCL, NVDR(d)

     232,200       307,041  

Ratch Group PCL, NVDR(d)

     25,200       47,276  

Siam Cement PCL (The), NVDR

     16,200       200,291  

Siam Commercial Bank PCL (The), NVDR(d)

     21,600       61,051  

Sri Trang Gloves Thaila, NVDR

     7,200       17,911  

Srisawad Corp PCL, NVDR(d)

     25,200       48,526  

Thai Oil PCL, NVDR(d)

     27,000       42,397  

Thai Union Group PCL, NVDR

     72,000       35,941  
   

 

 

  
      2,946,486  
Turkey — 0.5%            

Akbank T.A.S.(a)

     67,158       51,685  

Anadolu Efes Biracilik Ve Malt Sanayii AS

     1,633       4,372  

Aselsan Elektronik Sanayi Ve Ticaret AS(d)

     17,496       38,672  

BIM Birlesik Magazalar AS

     11,016       98,580  

Eregli Demir ve Celik Fabrikalari TAS

     34,686       48,777  

Haci Omer Sabanci Holding AS

     20,525       25,295  

KOC Holding AS

     21,870       49,319  

Turk Hava Yollari AO(a)

     16,686       24,318  

Turkcell Iletisim Hizmetleri AS

     24,264       45,908  

Turkiye Garanti Bankasi AS(a)

     58,554       65,499  

Turkiye Is Bankasi AS, Class C(a)

     42,102       35,039  

Yapi ve Kredi Bankasi AS(a)

     88,416       32,327  
   

 

 

  
      519,791  
United Arab Emirates — 1.0%            

Abu Dhabi Commercial Bank PJSC

     56,700       93,853  

Aldar Properties PJSC

     119,898       99,231  

Dubai Islamic Bank PJSC

     38,394       46,828  

Emaar Malls PJSC(a)

     54,954       27,379  

Emaar Properties PJSC(a)

     87,192       75,486  

Emirates NBD Bank PJSC

     55,836       166,452  

Emirates Telecommunications Group Co. PJSC

     38,232       180,275  

First Abu Dhabi Bank PJSC

     61,416       211,009  
   

 

 

  
      900,513  
   

 

 

  

Total Common Stocks — 81.3%
(Cost: $63,728,635)

         75,951,211  
   

 

 

  

Investment Companies

    

Exchange-Traded Funds — 14.9%

    

iShares MSCI India ETF(d)(e)

     382,818       13,965,200  
   

 

 

  

Total Investment Companies — 14.9%
(Cost: $12,160,199)

       13,965,200  
   

 

 

  

Preferred Stocks

    

Brazil — 2.1%

    

Banco Bradesco SA, Preference Shares, NVS

     99,003       446,659  

Bradespar SA, Preference Shares, NVS

     5,400       58,249  

Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS

     3,600       21,388  

Cia. Energetica de Minas Gerais, Preference Shares, NVS

     14,869       34,866  

Cia. Paranaense de Energia, Preference Shares, NVS

     3,600       45,630  

Gerdau SA, Preference Shares, NVS

     21,600       90,633  
 

 

 

  5

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Brazil (continued)            

Itau Unibanco Holding SA, Preference Shares, NVS

     102,600     $ 544,035  

Itausa SA, Preference Shares, NVS

     102,634       201,604  

Lojas Americanas SA, Preference Shares, NVS

     19,857       84,536  

Petroleo Brasileiro SA, Preference Shares, NVS

     97,200       449,353  
   

 

 

  
      1,976,953  
Chile — 0.1%            

Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares, NVS

     2,772       129,744  
   

 

 

  
Colombia — 0.1%            

Bancolombia SA, Preference Shares, NVS

     8,298       64,532  
   

 

 

  
Russia — 0.1%            

Surgutneftegas PJSC, Preference Shares, NVS

     169,200       87,780  
   

 

 

  
South Korea — 1.2%            

Hyundai Motor Co., Series 2, Preference Shares, NVS

     813       63,627  

Samsung Electronics Co. Ltd., Preference Shares, NVS

     18,288         1,009,802  
   

 

 

  
      1,073,429  
   

 

 

  

Total Preferred Stocks — 3.6%
(Cost: $2,992,640)

       3,332,438  
   

 

 

  

Short-Term Investments

    

Money Market Funds — 9.6%

    

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

     8,885,781       8,891,113  

 

Security   Shares     Value  
Money Market Funds (continued)            

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

     80,000     $ 80,000  
   

 

 

  
      8,971,113  
   

 

 

  

Total Short-Term Investments — 9.6%
(Cost: $8,972,001)

       8,971,113  
   

 

 

  

Total Investments in Securities — 109.4%
(Cost: $87,853,475)

         102,219,962  

Other Assets, Less Liabilities — (9.4)%

       (8,825,049 ) 
   

 

 

  

Net Assets — 100.0%

     $ 93,394,913  
   

 

 

  

 

(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) 

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

(d) 

All or a portion of this security is on loan.

(e) 

Affiliate of the Fund.

(f) 

Annualized 7-day yield as of period-end.

(g) 

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

    $ —      $ 8,892,627 (a)     $ —      $ (626 )     $ (888 )     $ 8,891,113        8,885,781      $ 6,999 (b)     $ —  

BlackRock Cash Funds: Treasury, SL Agency Shares

      110,000        —        (30,000 )(a)       —        —        80,000        80,000        11        —  

iShares MSCI India ETF

      10,289,973        2,618,295        —        —        1,056,932        13,965,200        382,818        —        —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  
            $ (626 )     $ 1,056,044      $ 22,936,313         $ 7,010      $ —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  

 

  (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.

 

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.

 

 

6  

    

Schedule of Investments (unaudited) (continued)

November 30, 2020

   

iShares® MSCI Emerging Markets ex China ETF

    

 

Fair Value Measurements (continued)

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

    $ 75,951,211        $ —        $ —        $ 75,951,211  

Investment Companies

      13,965,200          —          —          13,965,200  

Preferred Stocks

      3,332,438                      —                      —          3,332,438  

Money Market Funds

      8,971,113          —          —          8,971,113  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 102,219,962        $ —        $ —        $ 102,219,962  
  

 

 

       

 

 

       

 

 

       

 

 

  

 

Portfolio Abbreviations - Equity
ADR    American Depositary Receipt
CPO    Certificates of Participation (Ordinary)
GDR    Global Depositary Receipt
NVDR    Non-Voting Depositary Receipt
NVS    Non-Voting Shares
PJSC    Public Joint Stock Company

 

 

    

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