NPORT-EX 2 NPORT_0BIE_71885687_1121.htm

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

 

Security  Shares   Value 
         
Common Stocks          
           
Auto Components — 0.4%          
Cheng Shin Rubber Industry Co. Ltd.   21,780,670   $26,187,712 
           
Banks — 9.8%          
Chang Hwa Commercial Bank Ltd.(a)   57,704,840    33,979,116 
CTBC Financial Holding Co. Ltd.   124,133,325    108,669,209 
E.Sun Financial Holding Co. Ltd.(a)   89,032,789    86,048,835 
First Financial Holding Co. Ltd.   82,764,123    68,737,256 
Hua Nan Financial Holdings Co. Ltd.   77,188,924    55,984,861 
Mega Financial Holding Co. Ltd.(a)   78,408,271    96,352,441 
Shanghai Commercial & Savings Bank Ltd. (The)(a)   31,581,306    52,535,206 
SinoPac Financial Holdings Co. Ltd.   101,277,724    55,568,373 
Taishin Financial Holding Co. Ltd.(a)   98,010,978    65,446,207 
Taiwan Cooperative Financial Holding Co. Ltd.   79,497,460    67,766,137 
         691,087,641 
Chemicals — 4.0%          
Formosa Chemicals & Fibre Corp.   26,136,610    73,039,255 
Formosa Plastics Corp.   28,320,518    103,871,704 
Nan Ya Plastics Corp.   36,329,938    107,636,785 
         284,547,744 
Communications Equipment — 0.7%          
Accton Technology Corp.(a)   4,618,000    47,966,429 
           
Construction Materials — 1.4%          
Asia Cement Corp.   23,967,136    36,113,914 
Taiwan Cement Corp.(a)   39,549,646    65,288,040 
         101,401,954 
Diversified Financial Services — 2.2%          
Chailease Holding Co. Ltd.(a)   10,323,017    91,327,786 
Yuanta Financial Holding Co. Ltd.   78,408,657    66,619,232 
         157,947,018 
Diversified Telecommunication Services — 1.5%      
Chunghwa Telecom Co. Ltd.   25,969,648    104,477,389 
           
Electrical Equipment — 0.2%          
Voltronic Power Technology Corp.   282,000    16,075,455 
Ya Hsin Industrial Co. Ltd.(b)(c)   6,845,461    3 
         16,075,458 
Electronic Equipment, Instruments & Components — 13.0%      
AU Optronics Corp.(a)   75,141,830    54,130,737 
Delta Electronics Inc.(a)   13,465,180    123,784,292 
Foxconn Technology Co. Ltd.(a)   13,068,499    30,529,798 
Hon Hai Precision Industry Co. Ltd.(a)   78,732,002    291,734,157 
Innolux Corp.(a)   79,497,873    49,604,886 
Largan Precision Co. Ltd.(a)   745,794    53,149,999 
Nan Ya Printed Circuit Board Corp.(a)   3,018,000    67,415,295 
Pacific Electric Wire & Cable Co. Ltd.(b)(c)   197     
Synnex Technology International Corp.(a)   17,424,364    36,467,341 
Unimicron Technology Corp.   11,428,000    93,321,037 
Walsin Technology Corp.   47,000    291,789 
WPG Holdings Ltd.(a)   20,269,604    36,537,942 
Yageo Corp.(a)   3,184,125    52,012,153 
Zhen Ding Technology Holding Ltd.(a)   7,623,072    26,726,647 
         915,706,073 
Food & Staples Retailing — 0.7%          
President Chain Store Corp.   5,075,215    49,111,703 
           
Food Products — 1.2%          
Uni-President Enterprises Corp.   34,402,189    80,669,359 
Security  Shares   Value 
           
Household Durables — 0.4%          
Nien Made Enterprise Co. Ltd.(a)   2,178,000   $29,669,932 
           
Industrial Conglomerates — 0.5%          
Far Eastern New Century Corp.   34,848,843    34,850,798 
           
Insurance — 6.0%          
Cathay Financial Holding Co. Ltd.   57,250,315    122,995,655 
China Development Financial Holding Corp.(a)   124,146,508    72,887,058 
China Life Insurance Co. Ltd.   32,847,599    36,152,069 
Fubon Financial Holding Co. Ltd.(a)   53,400,689    139,968,237 
Shin Kong Financial Holding Co. Ltd.(a)   129,591,273    49,088,509 
         421,091,528 
Internet & Direct Marketing Retail — 0.2%          
momo.com Inc.(a)   184,000    11,753,874 
           
Leisure Products — 0.5%          
Giant Manufacturing Co. Ltd.(a)   3,397,590    37,944,017 
           
Machinery — 1.0%          
Airtac International Group(a)   1,314,826    40,239,642 
Hiwin Technologies Corp.(a)   3,011,591    30,804,515 
         71,044,157 
Marine — 2.0%          
Evergreen Marine Corp. Taiwan Ltd.   19,602,533    86,823,257 
Wan Hai Lines Ltd.   2,716,200    15,259,086 
Yang Ming Marine Transport Corp.(c)   8,996,000    36,940,829 
         139,023,172 
Metals & Mining — 1.4%          
China Steel Corp.(a)   86,031,977    100,371,236 
           
Oil, Gas & Consumable Fuels — 0.6%          
Formosa Petrochemical Corp.(a)   11,784,950    40,176,871 
           
Pharmaceuticals — 0.5%          
Oneness Biotech Co. Ltd.(a)(c)   3,267,000    34,955,942 
           
Real Estate Management & Development — 0.6%      
Ruentex Development Co. Ltd.(a)   19,000,459    43,697,968 
           
Semiconductors & Semiconductor Equipment — 39.4%      
ASE Technology Holding Co. Ltd.(a)   24,399,432    88,942,017 
ASMedia Technology Inc.(a)   422,000    29,383,482 
eMemory Technology Inc.   326,000    25,208,150 
Globalwafers Co. Ltd.(a)   2,026,000    59,335,768 
MediaTek Inc.(a)   9,466,175    343,154,763 
Nanya Technology Corp.(a)   14,157,000    37,626,750 
Novatek Microelectronics Corp.(a)   4,539,544    75,589,631 
Parade Technologies Ltd.   388,000    29,723,246 
Powertech Technology Inc.   86,036    305,695 
Realtek Semiconductor Corp.(a)   3,880,063    76,976,790 
Silergy Corp.   653,000    110,369,165 
Taiwan Semiconductor Manufacturing Co. Ltd.   73,959,882    1,573,028,784 
United Microelectronics Corp.(a)   80,586,501    184,485,442 
Vanguard International Semiconductor Corp.(a)   9,207,000    51,294,325 
Win Semiconductors Corp.(a)   3,267,000    42,497,497 
Winbond Electronics Corp.(a)   37,013,000    42,560,411 
         2,770,481,916 
Specialty Retail — 0.8%          
Hotai Motor Co. Ltd.(a)   2,519,000    54,850,465 
           
Technology Hardware, Storage & Peripherals — 7.5%      
Acer Inc.(a)   34,848,737    34,635,619 


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

 

Security  Shares   Value 
     
Technology Hardware, Storage & Peripherals (continued)      
Advantech Co. Ltd.(a)   3,576,827   $49,107,982 
Asustek Computer Inc.(a)   5,595,857    70,748,013 
Catcher Technology Co. Ltd.(a)   6,534,743    36,291,813 
Compal Electronics Inc.(a)   45,738,554    37,978,902 
Inventec Corp.(a)   34,848,868    32,184,732 
Lite-On Technology Corp.   20,691,071    44,734,666 
Micro-Star International Co. Ltd.(a)   7,213,000    42,207,612 
Pegatron Corp.(a)   17,424,037    41,640,021 
Quanta Computer Inc.(a)   21,780,240    67,103,103 
Wistron Corp.(a)   31,942,921    32,818,741 
Wiwynn Corp.(a)   1,040,000    39,041,519 
         528,492,723 
Textiles, Apparel & Luxury Goods — 1.6%      
Eclat Textile Co. Ltd.   2,097,601    43,668,117 
Feng TAY Enterprise Co. Ltd.   4,939,747    36,032,330 
Pou Chen Corp.(a)   30,492,103    35,036,767 
         114,737,214 
Transportation Infrastructure — 0.4%          
Taiwan High Speed Rail Corp.   28,314,000    30,171,789 
           
Wireless Telecommunication Services — 1.3%      
Far EasTone Telecommunications Co. Ltd.   17,424,259    38,531,562 
Taiwan Mobile Co. Ltd.   14,363,609    50,081,506 
         88,613,068 
Total Common Stocks — 99.8%          
(Cost: $2,995,923,169)        7,027,105,150 
Security  Shares   Value 
           
Short-Term Investments          
           
Money Market Funds — 11.1%          
BlackRock Cash Funds: Institutional, SL Agency          
Shares, 0.06%(d)(e)(f)   780,717,641   $781,029,928 
           
Total Short-Term Investments — 11.1%          
(Cost: $781,026,695)       781,029,928 
           
Total Investments in Securities — 110.9%          
(Cost: $3,776,949,864)       7,808,135,078 
           
Other Assets, Less Liabilities — (10.9)%       (767,617,616)
           
Net Assets — 100.0%      $7,040,517,462 

 

(a)All or a portion of this security is on loan.
(b)Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(c)Non-income producing security.
(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   $ 836,443,148   $   $ (55,339,080) (a) $ (18,139)   $ (56,001)   $ 781,029,928     780,717,641   $ 3,819,537 (b) $  
BlackRock Cash Funds: Treasury, SL Agency Shares(c)     46,300,000         (46,300,000) (a)                  

 

 

     
                      $ (18,139)   $ (56,001)   $ 781,029,928         3,819,607   $  

 

(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.

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

 

Derivative Financial Instruments Outstanding as of Period End          

 

Futures Contracts          

                 
                   Value/ 
              Notional    Unrealized 
    Number of    Expiration    Amount    Appreciation 
Description   Contracts    Date    (000)   (Depreciation) 
Long Contracts                    
FTSE Taiwan Index   177    12/29/21   $10,655   $(166,507)

 

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  $34,955,942   $6,992,149,205   $3   $7,027,105,150 
Money Market Funds   781,029,928            781,029,928 
   $815,985,870   $6,992,149,205   $3   $7,808,135,078 
Derivative financial instruments(a)                    
Liabilities                    
Futures Contracts  $   $(166,507)  $   $(166,507)

 

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

 

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