NPORT-EX 2 NPORT_0BHS_21892659_0522.htm

 

Schedule of Investments (unaudited) iShares® MSCI Australia ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
           
Common Stocks          
           
Airlines — 0.3%          
Qantas Airways Ltd.(a)   1,372,262   $5,413,240 
           
Banks — 25.5%          
Australia & New Zealand Banking Group Ltd.   4,127,558    73,991,198 
Commonwealth Bank of Australia   2,512,697    188,015,116 
National Australia Bank Ltd.   4,760,379    106,722,930 
Westpac Banking Corp.   5,151,395    88,248,140 
         456,977,384 
Beverages — 1.1%          
Endeavour Group Ltd./Australia   1,973,177    10,248,697 
Treasury Wine Estates Ltd.   1,066,531    9,091,061 
         19,339,758 
Biotechnology — 7.7%          
CSL Ltd.   709,289    137,988,665 
           
Capital Markets — 4.9%          
ASX Ltd.   284,414    16,455,880 
Macquarie Group Ltd.   537,128    71,361,852 
         87,817,732 
Chemicals — 0.4%          
Orica Ltd.   599,696    6,947,826 
           
Commercial Services & Supplies — 0.9%          
Brambles Ltd.   2,107,446    16,424,315 
           
Construction Materials — 0.9%          
James Hardie Industries PLC   656,308    16,942,768 
           
Diversified Consumer Services — 0.3%          
IDP Education Ltd.   307,218    5,231,051 
           
Diversified Telecommunication Services — 0.9%          
Telstra Corp. Ltd.   6,053,523    16,827,587 
           
Equity Real Estate Investment Trusts (REITs) — 5.6%          
BGP Holdings PLC(b)   18,888,372    203 
Dexus   1,589,843    11,943,305 
Goodman Group   2,475,751    36,418,982 
GPT Group (The)   2,828,201    9,747,592 
Mirvac Group   5,799,940    9,394,363 
Scentre Group   7,625,659    15,679,556 
Stockland   3,510,557    10,061,079 
Vicinity Centres   5,679,518    7,686,311 
         100,931,391 
Food & Staples Retailing — 3.9%          
Coles Group Ltd.   1,968,918    24,705,554 
Woolworths Group Ltd.   1,783,806    44,249,217 
         68,954,771 
Gas Utilities — 0.8%          
APA Group   1,739,948    14,163,737 
           
Health Care Equipment & Supplies — 0.9%          
Cochlear Ltd.   96,787    15,441,008 
           
Health Care Providers & Services — 1.8%          
Ramsay Health Care Ltd.   270,218    15,146,690 
Sonic Healthcare Ltd.   669,464    17,571,464 
         32,718,154 
Hotels, Restaurants & Leisure — 2.3%          
Aristocrat Leisure Ltd.   887,258    21,436,526 
           
Security   Shares    Value 
           
Hotels, Restaurants & Leisure (continued)          
Crown Resorts Ltd.(a)   508,153   $4,678,506 
Domino’s Pizza Enterprises Ltd.   89,830    4,426,500 
Lottery Corp. Ltd. (The)(a)   3,325,581    11,312,499 
         41,854,031 
Insurance — 3.1%          
Insurance Australia Group Ltd.   3,620,631    11,335,920 
Medibank Pvt Ltd.   4,068,540    9,379,809 
QBE Insurance Group Ltd.   2,179,198    18,764,647 
Suncorp Group Ltd.   1,859,891    15,146,768 
         54,627,144 
Interactive Media & Services — 0.8%          
REA Group Ltd.   77,560    6,232,124 
SEEK Ltd.   494,391    8,567,799 
         14,799,923 
IT Services — 0.7%          
Computershare Ltd.   800,899    13,270,051 
           
Metals & Mining — 22.4%          
BHP Group Ltd.   7,453,466    234,008,831 
BlueScope Steel Ltd.   728,378    9,444,796 
Evolution Mining Ltd.   2,708,113    7,389,769 
Fortescue Metals Group Ltd.   2,493,241    35,995,042 
Mineral Resources Ltd.   249,451    11,357,394 
Newcrest Mining Ltd.   1,309,215    22,956,863 
Northern Star Resources Ltd.   1,716,698    10,904,387 
Rio Tinto Ltd.   546,367    44,702,249 
South32 Ltd.   6,864,053    24,149,012 
         400,908,343 
Multiline Retail — 3.2%          
Wesfarmers Ltd.   1,669,235    56,458,919 
           
Oil, Gas & Consumable Fuels — 6.3%          
Ampol Ltd.   349,676    8,291,701 
Origin Energy Ltd.   2,590,721    12,692,785 
Santos Ltd.   4,730,259    27,529,091 
Washington H Soul Pattinson & Co. Ltd.   319,314    5,873,288 
Yangzhou Yangjie Electronic Technology Co. Ltd.   2,790,735    58,874,299 
         113,261,164 
Real Estate Management & Development — 0.4%          
Lendlease Corp. Ltd.   1,009,437    7,782,032 
           
Road & Rail — 0.4%          
Aurizon Holdings Ltd.   2,706,032    7,795,321 
           
Software — 1.1%          
WiseTech Global Ltd.   214,480    6,458,798 
Xero Ltd.(a)   198,921    12,715,562 
         19,174,360 
Trading Companies & Distributors — 0.2%          
Reece Ltd.   331,564    3,782,729 
           
Transportation Infrastructure — 2.6%          
Transurban Group   4,518,124    46,471,057 
           
Total Common Stocks — 99.4%          
(Cost: $1,992,591,828)        1,782,304,461 

 

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Schedule of Investments (unaudited) (continued) iShares® MSCI Australia ETF
May 31, 2022 (Percentages shown are based on Net Assets)

 

         
Security  Shares   Value 
         
Short-Term Securities          
           
Money Market Funds — 0.1%          
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.72%(c)(d)   720,000   $720,000 
           
Total Short-Term Securities — 0.1%          
(Cost: $720,000)        720,000 
           
Total Investments in Securities — 99.5%          
(Cost: $1,993,311,828)        1,783,024,461 
           
Other Assets Less Liabilities — 0.5%        9,749,945 
           
Net Assets — 100.0%       $1,792,774,406 

 

 

 

(a)Non-income producing security.

(b)Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(c)Affiliate of the Fund.

(d)Annualized 7-day yield as of period end.

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2022 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 Sale		   Net Realized
Gain (Loss)		   Change in
Unrealized
Appreciation
(Depreciation)		   Value at
05/31/22		   Shares
Held at
05/31/22 		   Income   Capital Gain
Distributions from
Underlying Funds		 
BlackRock Cash Funds: Institutional, SL Agency Shares(a)  $—   $5,510(b)  $—   $(5,510)  $—   $—    —   $222,041(c)  $— 
BlackRock Cash Funds: Treasury, SL Agency Shares   750,000    —    (30,000)(b)   —    —    720,000    720,000    1,051    — 
                  $(5,510)  $—   $720,000        $223,092   $— 

 

(a)As of period end, the entity is no longer held.
(b)Represents net amount purchased (sold).
(c)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.

 

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                    
SPI 200 Index   74    06/16/22   $9,522   $146,557 

 

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

 

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Schedule of Investments (unaudited) (continued) iShares® MSCI Australia ETF
May 31, 2022  

 

Fair Value Measurements (continued)

 

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  $11,312,499   $1,770,991,759   $203   $1,782,304,461 
Money Market Funds   720,000    —    —    720,000 
   $12,032,499   $1,770,991,759   $203   $1,783,024,461 
Derivative financial instruments(a)                    
Assets                    
Futures Contracts  $—   $146,557   $—   $146,557 

 

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

 

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