NPORT-EX 2 NPORT_0BHY_46404318_1121.htm

 

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

 

Security  Shares   Value 
         
Common Stocks          
           
Austria — 0.7%          
Erste Group Bank AG   467,906   $20,500,423 
OMV AG   201,080    10,678,334 
Raiffeisen Bank International AG   201,539    5,993,760 
Verbund AG   93,301    9,756,894 
voestalpine AG   159,571    5,385,125 
         52,314,536 
Belgium — 2.4%          
Ageas SA/NV   239,588    12,390,283 
Anheuser-Busch InBev SA/NV   1,035,726    57,795,844 
Elia Group SA/NV   42,776    5,329,085 
Etablissements Franz Colruyt NV   74,883    3,515,396 
Groupe Bruxelles Lambert SA   153,121    16,628,858 
KBC Group NV   339,448    28,493,378 
Proximus SADP   210,917    3,833,864 
Sofina SA   21,243    9,871,860 
Solvay SA   101,224    11,325,802 
UCB SA   171,275    18,728,835 
Umicore SA   268,450    13,126,917 
         181,040,122 
Finland — 3.1%          
Elisa OYJ   194,090    11,654,524 
Fortum OYJ   606,852    17,448,274 
Kesko OYJ, Class B   372,209    11,686,327 
Kone OYJ, Class B   461,482    30,316,907 
Neste OYJ   574,253    27,160,394 
Nokia OYJ(a)   7,325,256    41,055,523 
Orion OYJ, Class B   146,730    6,040,006 
Sampo OYJ, Class A   677,163    33,226,592 
Stora Enso OYJ, Class R   792,286    13,412,795 
UPM-Kymmene OYJ   725,250    26,298,223 
Wartsila OYJ Abp   645,176    8,937,747 
         227,237,312 
France — 33.8%          
Accor SA(a)   232,727    6,899,078 
Aeroports de Paris(a)   40,611    4,747,765 
Air Liquide SA   643,973    106,347,329 
Airbus SE(a)   801,325    89,443,954 
Alstom SA   428,508    15,272,809 
Amundi SA(b)   83,291    6,929,275 
Arkema SA   83,856    10,995,319 
AXA SA   2,630,571    72,309,246 
BioMerieux   56,662    8,017,856 
BNP Paribas SA   1,528,959    95,024,219 
Bollore SA   1,213,234    6,509,617 
Bouygues SA   311,648    10,525,905 
Bureau Veritas SA   401,034    12,700,876 
Capgemini SE   217,949    50,318,230 
Carrefour SA   854,660    14,136,354 
Cie. de Saint-Gobain   687,698    43,620,458 
Cie. Generale des Etablissements Michelin SCA   229,963    33,935,717 
CNP Assurances   235,825    5,749,203 
Covivio   71,061    5,888,379 
Credit Agricole SA   1,683,404    22,922,415 
Danone SA   887,970    52,224,660 
Dassault Aviation SA   34,404    3,260,602 
Dassault Systemes SE   901,967    54,371,424 
Edenred   334,258    14,952,489 
Eiffage SA   116,592    10,859,010 
Security  Shares   Value 
         
France (continued)          
Electricite de France SA   636,694   $8,934,440 
Engie SA   2,480,476    35,884,073 
EssilorLuxottica SA   390,092    78,177,543 
Eurazeo SE   54,545    4,473,074 
Eurofins Scientific SE   181,011    23,156,682 
Faurecia SE   160,853    6,913,124 
Gecina SA   62,896    8,474,631 
Getlink SE   600,586    8,873,685 
Hermes International   43,050    80,787,837 
Ipsen SA   52,014    5,076,276 
Kering SA   101,962    78,519,914 
Klepierre SA   281,755    5,928,896 
La Francaise des Jeux SAEM(b)   131,369    6,084,416 
Legrand SA   363,333    39,913,929 
L'Oreal SA   340,923    153,939,533 
LVMH Moet Hennessy Louis Vuitton SE   377,362    293,434,511 
Orange SA   2,709,147    29,125,392 
Orpea SA   70,678    6,678,549 
Pernod Ricard SA   284,774    65,344,092 
Publicis Groupe SA   310,318    20,080,306 
Remy Cointreau SA   31,174    7,310,870 
Renault SA(a)   262,908    8,459,012 
Safran SA   464,591    51,891,905 
Sanofi   1,542,371    146,621,345 
Sartorius Stedim Biotech   37,480    22,127,259 
Schneider Electric SE   734,424    130,341,110 
SEB SA   38,064    5,641,550 
Societe Generale SA   1,100,207    34,235,485 
Sodexo SA(a)   120,760    10,160,455 
Suez SA   477,237    10,681,268 
Teleperformance   79,774    32,813,674 
Thales SA   145,033    11,899,386 
TotalEnergies SE   3,407,880    156,805,971 
Ubisoft Entertainment SA(a)   126,975    6,508,262 
Unibail-Rodamco-Westfield(a)(c)   170,042    11,192,261 
Valeo   314,368    9,061,594 
Veolia Environnement SA   889,585    28,528,325 
Vinci SA   730,753    69,137,766 
Vivendi SE   1,055,926    13,447,113 
Wendel SE   36,649    4,190,517 
Worldline SA(a)(b)   321,747    16,869,102 
         2,505,687,322 
Germany — 24.6%          
adidas AG   258,803    74,850,419 
Allianz SE, Registered   560,428    121,628,116 
Aroundtown SA   1,366,155    8,185,799 
BASF SE   1,248,482    81,770,598 
Bayer AG, Registered   1,335,403    67,354,384 
Bayerische Motoren Werke AG   449,956    43,129,819 
Bechtle AG   111,696    8,052,113 
Beiersdorf AG   136,793    13,605,713 
Brenntag SE   209,286    17,925,437 
Carl Zeiss Meditec AG, Bearer   54,987    11,016,634 
Commerzbank AG(a)   1,365,336    9,589,446 
Continental AG(a)   148,988    15,934,918 
Covestro AG(b)   262,014    14,777,711 
Daimler AG, Registered   1,163,379    108,953,950 
Delivery Hero SE(a)(b)   219,902    29,183,393 
Deutsche Bank AG, Registered(a)   2,804,363    33,657,480 
Deutsche Boerse AG   258,140    40,533,923 


 

1 

 

 

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

 

Security  Shares   Value 
         
Germany (continued)          
Deutsche Lufthansa AG, Registered(a)(c)   813,781   $4,937,797 
Deutsche Post AG, Registered   1,347,396    79,579,282 
Deutsche Telekom AG, Registered   4,530,555    79,795,235 
E.ON SE   3,049,423    37,618,740 
Evonik Industries AG   285,804    8,593,363 
Fresenius Medical Care AG & Co. KGaA   279,209    16,647,113 
Fresenius SE & Co. KGaA   566,974    21,459,462 
GEA Group AG   209,457    10,600,124 
Hannover Rueck SE   81,618    14,265,285 
HeidelbergCement AG   202,043    13,442,216 
HelloFresh SE(a)   224,945    22,813,836 
Henkel AG & Co. KGaA   141,286    10,492,876 
Infineon Technologies AG   1,775,131    80,259,795 
KION Group AG   98,580    10,599,238 
Knorr-Bremse AG   99,127    9,860,542 
LANXESS AG   113,480    6,571,835 
LEG Immobilien SE   97,809    13,685,500 
Merck KGaA   175,610    43,402,907 
MTU Aero Engines AG   72,411    13,480,450 
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered   190,436    51,205,297 
Nemetschek SE   79,353    10,028,843 
Puma SE   143,792    17,373,135 
Rational AG   7,014    6,461,070 
RWE AG   872,253    33,590,443 
SAP SE   1,419,414    181,899,655 
Scout24 SE(b)   119,120    7,905,650 
Siemens AG, Registered   1,039,860    165,769,937 
Siemens Healthineers AG(b)   383,957    27,887,724 
Symrise AG   175,204    24,646,267 
Telefonica Deutschland Holding AG   1,446,405    3,857,750 
Uniper SE   126,031    5,471,743 
United Internet AG, Registered   132,374    4,960,454 
Volkswagen AG   44,097    12,287,094 
Vonovia SE   744,234    41,302,024 
Zalando SE(a)(b)   302,049    27,469,406 
         1,820,371,941 
Ireland — 2.0%          
CRH PLC   1,058,233    51,445,633 
Flutter Entertainment PLC, Class DI(a)   226,172    30,974,198 
Kerry Group PLC, Class A   216,725    26,692,571 
Kingspan Group PLC   210,131    24,364,530 
Smurfit Kappa Group PLC   333,581    17,097,729 
         150,574,661 
Italy — 6.1%          
Amplifon SpA   170,235    8,291,254 
Assicurazioni Generali SpA   1,502,355    30,095,748 
Atlantia SpA(a)   675,605    12,337,688 
DiaSorin SpA   34,539    7,370,809 
Enel SpA   11,076,052    83,927,263 
Eni SpA   3,429,882    45,198,240 
Ferrari NV   171,307    44,826,729 
FinecoBank Banca Fineco SpA   829,034    14,519,677 
Infrastrutture Wireless Italiane SpA(b)   463,222    5,312,477 
Intesa Sanpaolo SpA   22,421,797    53,689,177 
Mediobanca Banca di Credito Finanziario SpA   847,796    9,378,105 
Moncler SpA   278,261    20,089,471 
Nexi SpA(a)(b)   637,073    9,747,102 
Poste Italiane SpA(b)   712,591    8,961,395 
Security  Shares   Value 
         
Italy (continued)          
Prysmian SpA   344,794   $12,783,199 
Recordati Industria Chimica e Farmaceutica SpA   143,113    8,979,042 
Snam SpA   2,750,403    15,499,397 
Telecom Italia SpA/Milano   13,544,212    7,037,382 
Tenaris SA   647,587    6,341,761 
Terna - Rete Elettrica Nazionale   1,924,550    14,311,660 
UniCredit SpA   2,894,485    34,947,480 
         453,645,056 
Netherlands — 17.2%          
ABN AMRO Bank NV, CVA(b)   579,085    8,265,258 
Adyen NV(a)(b)   26,867    74,417,157 
Aegon NV   2,441,145    10,774,791 
Akzo Nobel NV   254,287    26,757,693 
ArcelorMittal SA   913,734    24,805,911 
Argenx SE(a)   62,325    17,460,734 
ASM International NV   63,981    28,758,964 
ASML Holding NV   561,686    440,856,333 
CNH Industrial NV   1,388,061    22,783,846 
Davide Campari-Milano NV   714,531    10,414,791 
Euronext NV(b)   116,625    11,487,170 
EXOR NV   146,922    12,880,798 
Heineken Holding NV   156,529    13,036,174 
Heineken NV   352,032    35,038,851 
IMCD NV   77,565    17,250,233 
ING Groep NV   5,306,722    73,304,137 
InPost SA(a)   275,720    3,075,529 
JDE Peet's NV   136,640    3,724,066 
Just Eat Takeaway.com NV(a)(b)   243,859    15,270,540 
Koninklijke Ahold Delhaize NV   1,421,194    47,822,829 
Koninklijke DSM NV   237,580    51,135,881 
Koninklijke KPN NV   4,573,463    13,471,958 
Koninklijke Philips NV   1,248,660    44,003,231 
Koninklijke Vopak NV   4,326    164,775 
NN Group NV   366,080    18,190,318 
Prosus NV   1,268,411    101,933,126 
QIAGEN NV(a)   311,060    17,186,862 
Randstad NV   163,170    10,296,174 
Stellantis NV   2,760,390    47,102,580 
Universal Music Group NV   982,795    28,210,232 
Universal Music Group NV   4,927    141,425 
Wolters Kluwer NV   363,439    40,872,656 
         1,270,895,023 
Portugal — 0.6%          
EDP - Energias de Portugal SA   3,800,607    20,827,116 
EDP Renovaveis SA   394,349    10,142,687 
Galp Energia SGPS SA   687,676    6,453,456 
Jeronimo Martins SGPS SA   385,480    8,400,281 
         45,823,540 
Spain — 6.7%          
ACS Actividades de Construccion y Servicios SA   338,455    8,111,411 
Aena SME SA(a)(b)   103,737    15,235,426 
Amadeus IT Group SA(a)   615,038    39,378,192 
Banco Bilbao Vizcaya Argentaria SA   9,093,899    48,212,405 
Banco Santander SA   23,619,845    73,440,034 
CaixaBank SA   6,121,064    15,803,782 
Cellnex Telecom SA(b)   699,088    41,229,361 
Enagas SA   213,004    4,859,865 
Endesa SA   444,553    10,000,169 
Ferrovial SA   673,763    18,760,527 


 

2 

 

 

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

 

Security  Shares   Value 
         
Spain (continued)          
Grifols SA   418,239   $7,508,566 
Iberdrola SA   7,798,322    87,591,784 
Industria de Diseno Textil SA   1,488,554    47,054,238 
Naturgy Energy Group SA   271,723    7,496,263 
Red Electrica Corp. SA   392,304    8,338,797 
Repsol SA   1,995,163    22,046,511 
Siemens Gamesa Renewable Energy SA(a)   335,629    8,959,712 
Telefonica SA   6,906,495    31,335,027 
         495,362,070 
Switzerland — 0.8%          
Siemens Energy AG(a)   540,941    14,409,960 
STMicroelectronics NV   928,069    45,198,624 
         59,608,584 
United Kingdom — 0.2%          
Coca-Cola Europacific Partners PLC   276,949    13,672,972 
           
Total Common Stocks — 98.2%          
(Cost: $7,484,058,566)        7,276,233,139 
           
Preferred Stocks          
           
Germany — 1.6%          
Bayerische Motoren Werke AG, Preference Shares, NVS   78,203    6,132,065 
Fuchs Petrolub SE, Preference Shares, NVS   94,937    4,263,657 
Henkel AG & Co. KGaA, Preference Shares, NVS   242,626    19,143,312 
Porsche Automobil Holding SE, Preference Shares, NVS   207,445    17,403,696 
Sartorius AG, Preference Shares, NVS   35,545    24,452,505 
Volkswagen AG, Preference Shares, NVS   252,244    46,083,763 
         117,478,998 
Italy — 0.0%          
Telecom Italia SpA/Milano, Preference Shares, NVS   262,988    128,438 
           
Total Preferred Stocks — 1.6%          
(Cost: $142,293,538)       117,607,436 
           
Security  Shares   Value 
         
Rights          
           
Germany — 0.0%          
Vonovia SE (Expires 07/12/21)(a)   744,234   $2,624,953 
           
Total Rights — 0.0%          
(Cost: $0)        2,624,953 
           

Short-Term Investments 

          
           
Money Market Funds — 0.3%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(d)(e)(f)   3,501,288    3,502,688 
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(d)(e)   16,950,000    16,950,000 
         20,452,688 
Total Short-Term Investments — 0.3%          
(Cost: $20,447,873)        20,452,688 
           
Total Investments in Securities — 100.1%          
(Cost: $7,646,799,977)        7,416,918,216 
           
Other Assets, Less Liabilities — (0.1)%        (4,201,335)
           
Net Assets — 100.0%       $7,412,716,881 

 

(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 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  $7,962,763   $   $(4,458,949)(a)  $(307)  $(819)  $3,502,688    3,501,288   $134,692(b)  $ 
BlackRock Cash Funds: Treasury, SL Agency Shares   27,350,000        (10,400,000)(a)           16,950,000    16,950,000    240     
                  $(307)  $(819)  $20,452,688        $134,932   $ 

 

(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.

 

3 

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Eurozone 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                  
Euro STOXX 50 Index   78   12/17/21  $3,595   $17,964 

 

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  $192,899,268   $7,083,333,871   $   $7,276,233,139 
Preferred Stocks   4,263,657    113,343,779        117,607,436 
Rights   2,624,953            2,624,953 
Money Market Funds   20,452,688            20,452,688 
   $220,240,566   $7,196,677,650   $   $7,416,918,216 
Derivative financial instruments(a)                    
Assets                    
Futures Contracts  $   $17,964   $   $17,964 

 

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

 

Portfolio Abbreviations - Equity

 

NVS Non-Voting Shares

 

4