0001752724-22-015614.txt : 20220127 0001752724-22-015614.hdr.sgml : 20220127 20220127150000 ACCESSION NUMBER: 0001752724-22-015614 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211130 FILED AS OF DATE: 20220127 PERIOD START: 20220831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares, Inc. CENTRAL INDEX KEY: 0000930667 IRS NUMBER: 510396525 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-09102 FILM NUMBER: 22562652 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: iSHARES INC DATE OF NAME CHANGE: 20070126 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES INC DATE OF NAME CHANGE: 20000516 FORMER COMPANY: FORMER CONFORMED NAME: WEBS INDEX FUND INC DATE OF NAME CHANGE: 19970211 0000930667 S000004256 iShares MSCI Spain ETF C000011960 iShares MSCI Spain ETF EWP NPORT-P 1 primary_doc.xml NPORT-P false 0000930667 XXXXXXXX S000004256 C000011960 iShares, Inc. 811-09102 0000930667 549300MGJZCNMJLBAJ67 400 HOWARD STREET SAN FRANCISCO 94105 800-474-2737 iShares MSCI Spain ETF S000004256 549300KJYAHQCJB4CU67 2022-08-31 2021-11-30 N 575185172.64 5058153.87 570127018.77 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 180423.98000000 N Enagas SA 213800OU3FQKGM4M2U23 Enagas SA 000000000 485737.00000000 NS 11082498.32000000 1.943864780151 Long EC CORP ES N 2 N N N Amadeus IT Group SA 9598004A3FTY3TEHHN09 Amadeus IT Group SA 000000000 482143.00000000 NS 30869506.92000000 5.414496402327 Long EC CORP ES N 2 N N N Endesa SA 549300LHK07F2CHV4X31 Endesa SA 000000000 856807.00000000 NS 19273775.11000000 3.380610719271 Long EC CORP ES N 1 N N N Iberdrola SA 5QK37QC7NWOJ8D7WVQ45 Iberdrola SA 000000000 9791981.00000000 NS 109984825.53000000 19.29128455748 Long EC CORP ES N 1 N N N ACS Actividades de Construccion y Servicios SA 95980020140005558665 ACS Actividades de Construccion y Servicios SA 000000000 625786.00000000 NS 14997583.52000000 2.630568807694 Long EC CORP ES N 2 N N N BlackRock Funds III 5493008LW2651I1QB503 BlackRock Cash Funds: Institutional, SL Agency Shares 066922519 954558.17700000 NS USD 954940.00000000 0.167496008531 Long STIV RF US N 1 N N Industria de Diseno Textil SA 549300TTCXZOGZM2EY83 Industria de Diseno Textil SA 000000000 844498.00000000 NS 26695175.43000000 4.682320702427 Long EC CORP ES N 2 N N N Cellnex Telecom SA 5493008T4YG3AQUI7P67 Cellnex Telecom SA 000000000 426552.00000000 NS 25156298.41000000 4.412402426440 Long EC CORP ES N 2 N N N Repsol SA BSYCX13Y0NOTV14V9N85 Repsol SA 000000000 2636501.00000000 NS 29133282.82000000 5.109963545115 Long EC CORP ES N 2 N N N CaixaBank SA 7CUNS533WID6K7DGFI87 CaixaBank SA 000000000 9013634.00000000 NS 23272017.27000000 4.081900436889 Long EC CORP ES N 2 N N N BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES 5493008LW2651I1QB503 BlackRock Cash Funds: Treasury, SL Agency Shares 066922477 3120000.00000000 NS USD 3120000.00000000 0.547246472677 Long STIV RF US N 1 N N N Telefonica SA 549300EEJH4FEPDBBR25 Telefonica SA 000000000 5802929.00000000 NS 26328106.23000000 4.617936944437 Long EC CORP ES N 2 N N N Aena SME SA 959800R7QMXKF0NFMT29 Aena SME SA 000000000 157616.00000000 NS 23148412.38000000 4.060220199691 Long EC CORP ES N 2 N N N Red Electrica Corp SA 5493009HMD0C90GUV498 Red Electrica Corp SA 000000000 835610.00000000 NS 17761690.59000000 3.115391834668 Long EC CORP ES N 2 N N N Meff Financial Derivatives N/A IBEX 35 INDX FUTR DEC21 000000000 3.00000000 NC -24901.33000000 -0.00436768109 N/A DE ES N 2 Meff Financial Derivatives N/A Long MEFF Madrid IBEX 35 Index Future IBZ1 INDEX 2021-12-17 271607.27000000 EUR -24901.33000000 N N N Siemens Gamesa Renewable Energy SA 9598004BR8D81D3M1D64 Siemens Gamesa Renewable Energy SA 000000000 609906.00000000 NS 16281615.38000000 2.855787367370 Long EC CORP ES N 2 N N N Banco Santander SA 5493006QMFDDMYWIAM13 Banco Santander SA 000000000 27212623.00000000 NS 84610883.77000000 14.84070759399 Long EC CORP ES N 2 N N N Grifols SA 959800HSSNXWRKBK4N60 Grifols SA 000000000 722843.00000000 NS 12977064.73000000 2.276170801025 Long EC CORP ES N 1 N N N Naturgy Energy Group SA TL2N6M87CW970S5SV098 Naturgy Energy Group SA 000000000 511134.00000000 NS 14101105.36000000 2.473326977279 Long EC CORP ES N 2 N N Ferrovial SA 95980020140005757903 Ferrovial SA 000000000 1023690.00000000 NS 28504035.27000000 4.999593832878 Long EC CORP ES N 2 N N N Banco Bilbao Vizcaya Argentaria SA K8MS7FD7N5Z2WQ51AZ71 Banco Bilbao Vizcaya Argentaria SA 000000000 10498770.00000000 NS 55660497.99000000 9.762824100159 Long EC CORP ES N 2 N N N 2021-12-30 iShares, Inc. Ann Frechette Ann Frechette Assistant Treasurer XXXX NPORT-EX 2 NPORT_0BIA_43261477_1121.htm

 

Schedule of Investments (unaudited) iShares® MSCI Spain ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Banks — 29.3%          
Banco Bilbao Vizcaya Argentaria SA   10,754,716   $57,017,427 
Banco Santander SA   27,538,655    85,624,599 
CaixaBank SA   9,378,856    24,214,972 
         166,856,998 
           
Biotechnology — 2.6%          
Grifols SA   812,583    14,588,150 
           
Construction & Engineering — 7.5%          
ACS Actividades de Construccion y Servicios SA   658,333    15,777,605 
Ferrovial SA   962,889    26,811,068 
         42,588,673 
           
Diversified Telecommunication Services — 9.7%          
Cellnex Telecom SA(a)   472,083    27,841,531 
Telefonica SA   6,117,581    27,755,694 
         55,597,225 
           
Electric Utilities — 25.6%          
Endesa SA   869,457    19,558,335 
Iberdrola SA   9,664,342    108,551,167 
Red Electrica Corp. SA   835,610    17,761,691 
         145,871,193 
           
Electrical Equipment — 3.1%          
Siemens Gamesa Renewable Energy SA(b)   659,104    17,594,970 
           
Gas Utilities — 4.9%          
Enagas SA   485,737    11,082,498 
Naturgy Energy Group SA(c)   604,260    16,670,255 
         27,752,753 
           
IT Services — 4.3%          
Amadeus IT Group SA(b)   383,721    24,567,977 
           
Oil, Gas & Consumable Fuels — 4.6%          
Repsol SA   2,400,715    26,527,852 
Security   Shares    Value 
           
Specialty Retail — 4.2%          
Industria de Diseno Textil SA   759,034   $23,993,598 
           
Transportation Infrastructure — 4.1%          
Aena SME SA(a)(b)   159,932    23,488,554 
           
Total Common Stocks — 99.9%          
(Cost: $756,936,745)        569,427,943 
           
Short-Term Investments          
           
Money Market Funds — 0.7%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(d)(e)(f)   968,850    969,238 
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(d)(e)   3,120,000    3,120,000 
         4,089,238 
           
Total Short-Term Investments — 0.7%          
(Cost: $4,089,238)        4,089,238 
           
Total Investments in Securities — 100.6%          
(Cost: $761,025,983)        573,517,181 
           
Other Assets, Less Liabilities — (0.6)%        (3,416,159)
           
Net Assets — 100.0%       $570,101,022 

 

(a)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.

(b)Non-income producing security.

(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 the cash collateral from loaned securities.


Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer    Value at 08/31/21   Purchases at Cost  Proceeds
from Sales		   Net Realized Gain (Loss)   Change in Unrealized Appreciation (Depreciation)   Value at 11/30/21   Shares Held at 11/30/21    Income      Capital
Gain Distributions from Underlying Funds		  
BlackRock Cash Funds: Institutional, SL Agency Shares    $—   $970,065(a)   $—   $(827)  $—   $969,238    968,850  $ 226,980(b)   $ —  
BlackRock Cash Funds: Treasury, SL Agency Shares     3,290,000    —     (170,000)(a)   —    —    3,120,000    3,120,000    42      —  
                     $(827)  $—   $4,089,238       $ 227,022    $ —  

 

(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.

 

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Schedule of Investments (unaudited) (continued) iShares® MSCI Spain ETF
November 30, 2021  

 

Derivative Financial Instruments Outstanding as of Period End

 

Futures Contracts

 

Description  Number of
Contracts		   Expiration
Date		  Notional
Amount
(000)		   Value/
Unrealized
Appreciation
(Depreciation)		 
Long Contracts                  
IBEX 35 Index.   6   12/17/21  $566   $(23,812)

 

Fair Value Measurements

 

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 

•Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

•Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

•Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments).

 

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

 

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

 

   Level 1   Level 2   Level 3   Total 
Investments                
Assets                
Common Stocks  $142,697,652   $426,730,291   $—   $569,427,943 
Money Market Funds   4,089,238    —    —    4,089,238 
   $146,786,890   $426,730,291   $—   $573,517,181 
Derivative financial instruments(a)                    
Liabilities                    
Futures Contracts  $—   $(23,812)  $—   $(23,812)

 

(a)Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

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