NPORT-EX 2 NPORT_0BI1_20048849_0522.htm

 

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

 

Security  Shares   Value 
         
Common Stocks          
           
Banks — 6.5%          
BOC Hong Kong Holdings Ltd.   6,899,000   $26,509,035 
Hang Seng Bank Ltd.   1,407,200    24,585,890 
         51,094,925 
Beverages — 1.1%          
Budweiser Brewing Co. APAC Ltd.(a)   3,427,500    9,097,856 
           
Building Products — 1.2%          
Xinyi Glass Holdings Ltd.   3,732,000    9,433,171 
           
Capital Markets — 12.1%          
Futu Holdings Ltd., ADR(b)(c)   114,882    4,217,318 
Hong Kong Exchanges & Clearing Ltd.   2,116,426    91,319,681 
         95,536,999 
Diversified Telecommunication Services — 1.3%          
HKT Trust & HKT Ltd., Class SS   7,668,500    10,558,194 
           
Electric Utilities — 7.8%          
CK Infrastructure Holdings Ltd.   1,262,500    8,451,096 
CLP Holdings Ltd.   3,006,200    29,960,736 
HK Electric Investments & HK Electric Investments Ltd., Class SS   6,105,500    5,843,142 
Power Assets Holdings Ltd.   2,659,000    17,361,132 
         61,616,106 
Equity Real Estate Investment Trusts (REITs) — 4.3%      
Link REIT   3,751,600    33,923,284 
           
Food Products — 1.6%          
WH Group Ltd.(a)   16,067,000    12,285,905 
           
Gas Utilities — 2.9%          
Hong Kong & China Gas Co. Ltd.   20,413,495    23,080,649 
           
Hotels, Restaurants & Leisure — 3.8%          
Galaxy Entertainment Group Ltd.   3,942,000    20,998,847 
Sands China Ltd.(b)   4,565,200    8,723,842 
         29,722,689 
Industrial Conglomerates — 7.2%          
CK Hutchison Holdings Ltd.   4,756,267    33,691,595 
Jardine Matheson Holdings Ltd.   400,500    23,178,702 
         56,870,297 
Insurance — 22.7%          
AIA Group Ltd.   17,290,600    179,133,789 
           
Machinery — 4.0%          
Techtronic Industries Co. Ltd.   2,419,147    31,602,354 
           
Marine — 1.2%          
SITC International Holdings Co. Ltd.   2,506,000    9,463,949 
Security  Shares   Value 
         
Real Estate Management & Development — 18.4%          
CK Asset Holdings Ltd.   3,738,267   $24,374,283 
ESR Cayman Ltd.(a)(b)   3,648,800    10,792,790 
Hang Lung Properties Ltd.   4,047,000    7,562,991 
Henderson Land Development Co. Ltd.   2,861,762    12,126,244 
Hongkong Land Holdings Ltd.   2,284,800    10,570,111 
New World Development Co. Ltd.   2,976,266    11,326,469 
Sino Land Co. Ltd.   6,522,000    9,233,185 
Sun Hung Kai Properties Ltd.   2,547,000    31,139,786 
Swire Pacific Ltd., Class A   1,077,500    6,537,484 
Swire Properties Ltd.   2,525,000    6,173,583 
Wharf Real Estate Investment Co. Ltd.   3,185,150    15,370,289 
         145,207,215 
Road & Rail — 2.0%          
MTR Corp. Ltd.   2,944,583    15,883,085 
           
Specialty Retail — 0.8%          
Chow Tai Fook Jewellery Group Ltd.(b)   3,814,200    6,602,248 
           
Total Common Stocks — 98.9%          
(Cost: $924,913,553)        781,112,715 
           
Short-Term Securities          
           
Money Market Funds — 0.6%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.87%(d)(e)(f)   2,620,299    2,620,299 
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.72%(d)(e)   1,660,000    1,660,000 
         4,280,299 
Total Short-Term Securities — 0.6%          
(Cost: $4,280,367)        4,280,299 
           
Total Investments in Securities — 99.5%          
(Cost: $929,193,920)        785,393,014 
           
Other Assets Less Liabilities — 0.5%.        4,122,477 
           
Net Assets — 100.0%.       $789,515,491 

 

(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.


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

  

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  $14,915,960   $—   $(12,293,733)(a)  $(1,860)  $(68)  $2,620,299    2,620,299   $523,775(b)  $— 
BlackRock Cash Funds: Treasury, SL Agency Shares   1,700,000    —    (40,000)(a)   —    —    1,660,000    1,660,000    1,681    — 
                  $(1,860)  $(68)  $4,280,299        $525,456   $— 

 

(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.

 

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                  
MSCI EAFE Index   80   06/17/22  $8,148   $226,361 

 

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.

 

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

 

Fair Value Measurements (continued)

 

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  $10,060,460   $771,052,255   $—   $781,112,715 
Money Market Funds   4,280,299    —    —    4,280,299 
   $14,340,759   $771,052,255   $—   $785,393,014 
Derivative financial instruments(a)                    
Assets                    
Futures Contracts  $226,361   $—   $—   $226,361 

 

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

 

Portfolio Abbreviations - Equity

 

ADR American Depositary Receipt
REIT Real Estate Investment Trust

 

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