0001752724-23-012184.txt : 20230125 0001752724-23-012184.hdr.sgml : 20230125 20230125121031 ACCESSION NUMBER: 0001752724-23-012184 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221130 FILED AS OF DATE: 20230125 DATE AS OF CHANGE: 20230125 PERIOD START: 20230831 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: 23551336 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 S000004251 iShares MSCI Mexico ETF C000011955 iShares MSCI Mexico ETF EWW NPORT-P 1 primary_doc.xml NPORT-P false 0000930667 XXXXXXXX S000004251 C000011955 iShares, Inc. 811-09102 0000930667 549300MGJZCNMJLBAJ67 400 HOWARD STREET SAN FRANCISCO 94105 800-474-2737 iShares MSCI Mexico ETF S000004251 549300SQ92O6OZ19G545 2023-08-31 2022-11-30 N 1110913926.29 54688285.66 1056225640.63 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 5171936.16000000 N Corp Inmobiliaria Vesta SAB de CV 4469000001BIRIFZJ959 Corp Inmobiliaria Vesta SAB de CV 000000000 4677049.00000000 NS 10459970.16000000 0.990315871688 Long EC CORP MX N 1 N N N Grupo Mexico SAB de CV 529900JWLZAYET2ZGW20 Grupo Mexico SAB de CV 000000000 10653986.00000000 NS 43446440.27000000 4.113367314590 Long EC CORP MX N 1 N N N Grupo Aeroportuario del Pacifico SAB de CV 4469000001BZ368XFI90 Grupo Aeroportuario del Pacifico SAB de CV 000000000 2256449.00000000 NS 36413805.36000000 3.447540370093 Long EC CORP MX N 1 N N N Industrias Penoles SAB de CV 549300WA2HB7776CB324 Industrias Penoles SAB de CV 000000000 1014383.00000000 NS 13636916.27000000 1.291098771458 Long EC CORP MX N 1 N N N Nemak SAB de CV 5493000MY3DAIB0BP706 Nemak SAB de CV 000000000 19957889.00000000 NS 5947852.27000000 0.563123260902 Long EC CORP MX N 1 N N N Gruma SAB de CV 5493000XJLJ6C4T0PG82 Gruma SAB de CV 000000000 1371380.00000000 NS 17117728.07000000 1.620650684051 Long EC CORP MX N 1 N N N Regional SAB de CV N/A Regional SAB de CV 000000000 1805200.00000000 NS 13218547.53000000 1.251488983179 Long EC CORP MX N 1 N N N Grupo Bimbo SAB de CV 5493000RIXURZEBFEV60 Grupo Bimbo SAB de CV 000000000 8379404.00000000 NS 35586626.09000000 3.369225733695 Long EC CORP MX N 1 N N Grupo Rotoplas SAB de CV 549300PV16C2TA1DPA40 Grupo Rotoplas SAB de CV 000000000 2254071.00000000 NS 3836617.17000000 0.363238404978 Long EC CORP MX N 1 N N Alfa SAB de CV 549300ZCGJ6T8YDJ4M34 Alfa SAB de CV 000000000 19894100.00000000 NS 13785846.22000000 1.305198973561 Long EC CORP MX N 1 N N N Fibra Uno Administracion SA de CV N/A Fibra Uno Administracion SA de CV 000000000 19728100.00000000 NS 24509306.36000000 2.320461217489 Long EC MX N 1 N N N Coca-Cola Femsa SAB de CV 5493008KEVFYPMGTXO33 Coca-Cola Femsa SAB de CV 000000000 1854478.00000000 NS 12646090.52000000 1.197290619877 Long EC CORP MX N 1 N N N Grupo Aeroportuario del Sureste SAB de CV 5299001W7JIDXCUOUC82 Grupo Aeroportuario del Sureste SAB de CV 000000000 1228270.00000000 NS 30387173.17000000 2.876958483215 Long EC CORP MX N 1 N N N Cemex SAB de CV 549300RIG2CXWN6IV731 Cemex SAB de CV 000000000 93164529.00000000 NS 42733807.49000000 4.045897566405 Long EC CORP MX N 1 N N N TF Administradora Industrial S de RL de CV N/A TF Administradora Industrial S de RL de CV 000000000 5983904.00000000 NS 8677808.33000000 0.821586600077 Long EC MX N 1 N N Banco del Bajio SA 4469000001BD95FFLY16 Banco del Bajio SA 000000000 5377960.00000000 NS 17950690.58000000 1.699512858757 Long EC CORP MX N 1 N N N Sitios Latinoamerica SAB de CV N/A Sitios Latinoamerica SAB de CV 000000000 7596322.00000000 NS 3417439.36000000 0.323552016590 Long EC CORP MX N 1 N N N GCC SAB de CV 254900WY9XL8033CKX68 GCC SAB de CV 000000000 1304300.00000000 NS 9392528.35000000 0.889253961340 Long EC CORP MX N 1 N N N America Movil SAB de CV 5493000FNR3UCEAONM59 America Movil SAB de CV 000000000 156785118.00000000 NS 152527037.67000000 14.44076263657 Long EC CORP MX N 1 N N N Controladora Vuela Cia de Aviacion SAB de CV 549300G8NLCMP9Z44X52 Controladora Vuela Cia de Aviacion SAB de CV 000000000 6292705.00000000 NS 6245739.65000000 0.591326266826 Long EC CORP MX N 1 N N Prologis Property Mexico SA de CV N/A Prologis Property Mexico SA de CV 000000000 4532338.00000000 NS 13974747.98000000 1.323083576314 Long EC MX N 1 N N N Gentera SAB de CV N/A Gentera SAB de CV 000000000 8802377.00000000 NS 9389080.47000000 0.888927527303 Long EC CORP MX N 1 N N N BlackRock Funds III 5493008LW2651I1QB503 BlackRock Cash Funds: Institutional, SL Agency Shares 066922519 14034814.39800000 NS USD 14036217.88000000 1.328903346033 Long STIV RF US N 1 N N Wal-Mart de Mexico SAB de CV Y87794H0US1R65VBXU25 Wal-Mart de Mexico SAB de CV 000000000 28655333.00000000 NS 113944083.54000000 10.78785433309 Long EC CORP MX N 1 N N Grupo Aeroportuario del Centro Norte SAB de CV 529900HUSBARAFSXJ605 Grupo Aeroportuario del Centro Norte SAB de CV 000000000 1983805.00000000 NS 17202778.82000000 1.628703011767 Long EC CORP MX N 1 N N N Alsea SAB de CV 4469000001BJLPKNUN21 Alsea SAB de CV 000000000 4205366.00000000 NS 8385012.44000000 0.793865639826 Long EC CORP MX N 1 N N N Arca Continental SAB de CV 254900U2BSJCQHJCXN24 Arca Continental SAB de CV 000000000 2861729.00000000 NS 23882844.59000000 2.261149859584 Long EC CORP MX N 1 N N N Grupo Financiero Banorte SAB de CV N/A Grupo Financiero Banorte SAB de CV 000000000 14053661.00000000 NS 112391411.44000000 10.64085240090 Long EC CORP MX N 1 N N N Qualitas Controladora SAB de CV N/A Qualitas Controladora SAB de CV 000000000 1615520.00000000 NS 6809064.29000000 0.644660007111 Long EC CORP MX N 1 N N N Operadora De Sites Mexicanos SAB de CV 4469000001BRCBO8VP14 Operadora De Sites Mexicanos SAB de CV 000000000 9433446.00000000 NS 10345792.34000000 0.979505887949 Long EC MX N 1 N N N Concentradora Fibra Danhos SA de CV N/A Concentradora Fibra Danhos SA de CV 000000000 3431154.00000000 NS 4147118.86000000 0.392635692646 Long EC MX N 1 N N Grupo Comercial Chedraui SA de CV 4469000001BRXSV0JO96 Grupo Comercial Chedraui SA de CV 000000000 1764100.00000000 NS 7670278.27000000 0.726196938887 Long EC CORP MX N 1 N N N Fomento Economico Mexicano SAB de CV 549300A8MDWDJNMLV153 Fomento Economico Mexicano SAB de CV 000000000 10271210.00000000 NS 81843880.24000000 7.748711742235 Long EC CORP MX N 1 N N N BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES 5493008LW2651I1QB503 BlackRock Cash Funds: Treasury, SL Agency Shares 066922477 830000.00000000 NS USD 830000.00000000 0.078581693917 Long STIV RF US N 1 N N N FIBRA Macquarie Mexico N/A FIBRA Macquarie Mexico 000000000 5959500.00000000 NS 8895698.14000000 0.842215696893 Long EC MX N 1 N N N La Comer SAB de CV N/A La Comer SAB de CV 000000000 3891571.00000000 NS 7299468.98000000 0.691089924274 Long EC CORP MX N 1 N N Mercado Mexicano De Derivados 5493003M56ZNEEL5EQ10 MEX BOLSA IDX FUT DEC22 000000000 207.00000000 NC 40952.89000000 0.003877286104 N/A DE MX N 1 Mercado Mexicano De Derivados 5493003M56ZNEEL5EQ10 Long MexDer Mexican Bolsa Index Futures ISZ2 Index 2022-12-16 106125355.03000000 MXN 40952.89000000 N N N Genomma Lab Internacional SAB de CV N/A Genomma Lab Internacional SAB de CV 000000000 6802513.00000000 NS 5500114.17000000 0.520732877372 Long EC CORP MX N 1 N N N Orbia Advance Corp SAB de CV 549300MVHZ20SBIOEQ79 Orbia Advance Corp SAB de CV 000000000 6716042.00000000 NS 13133423.07000000 1.243429676841 Long EC CORP MX N 1 N N N Grupo Carso SAB de CV 5493007R35VF4W6YVW92 Grupo Carso SAB de CV 000000000 3140020.00000000 NS 13561618.46000000 1.283969820303 Long EC CORP MX N 1 N N N Bolsa Mexicana de Valores SAB de CV 894500CS2D6RLGW61A19 Bolsa Mexicana de Valores SAB de CV 000000000 3596487.00000000 NS 7066591.80000000 0.669041872131 Long EC CORP MX N 1 N N N Promotora y Operadora de Infraestructura SAB de CV 52990035X6RK8DBUWA73 Promotora y Operadora de Infraestructura SAB de CV 000000000 1594595.00000000 NS 14069858.65000000 1.332088344457 Long EC CORP MX N 1 N N N Grupo Televisa SAB 549300O4AF0C816ILN62 Grupo Televisa SAB 000000000 15271847.00000000 NS 16772594.48000000 1.587974561003 Long EC CORP MX N 1 N N N Grupo Financiero Inbursa SAB de CV N/A Grupo Financiero Inbursa SAB de CV 000000000 13745466.00000000 NS 25526072.71000000 2.416725340503 Long EC CORP MX N 1 N N Kimberly-Clark de Mexico SAB de CV 549300JGHL56QT00KT54 Kimberly-Clark de Mexico SAB de CV 000000000 10220454.00000000 NS 17374877.74000000 1.644996776411 Long EC CORP MX N 1 N N N Grupo Traxion SAB de CV 4469000001BS6B603745 Grupo Traxion SAB de CV 000000000 3058900.00000000 NS 4429649.94000000 0.419384814153 Long EC CORP MX N 1 N N Grupo Herdez SAB de CV 4469000001BQVIMOLQ55 Grupo Herdez SAB de CV 000000000 2185124.00000000 NS 4475800.79000000 0.423754226164 Long EC CORP MX N 1 N N N 2022-12-29 iShares, Inc. Ann Frechette Ann Frechette Assistant Treasurer XXXX NPORT-EX 2 NPORT_0BI5_73995879_1122.htm

 

Schedule of Investments (unaudited) iShares® MSCI Mexico ETF
November 30, 2022 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Airlines — 0.6%          
Controladora Vuela Cia. de Aviacion SAB de CV, Class A(a)(b)   6,421,105   $6,373,181 
           
Auto Components — 0.5%          
Nemak SAB de CV(a)(c)   18,621,289    5,549,519 
           
Banks — 16.0%          
Banco del Bajio SA(c)   5,310,360    17,725,053 
Grupo Financiero Banorte SAB de CV, Class O   14,501,761    115,975,004 
Grupo Financiero Inbursa SAB de CV, Class O(a)(b)   14,025,866    26,046,791 
Regional SAB de CV   1,755,100    12,851,691 
         172,598,539 
Beverages — 11.3%          
Arca Continental SAB de CV   2,898,929    24,193,301 
Coca-Cola Femsa SAB de CV   1,892,078    12,902,493 
Fomento Economico Mexicano SAB de CV   10,586,510    84,356,279 
         121,452,073 
Building Products — 0.4%          
Grupo Rotoplas SAB de CV(b)   2,300,071    3,914,913 
           
Capital Markets — 0.7%          
Bolsa Mexicana de Valores SAB de CV   3,669,687    7,210,419 
           
Chemicals — 1.2%          
Orbia Advance Corp. SAB de CV   6,852,842    13,400,940 
           
Construction Materials — 4.9%          
Cemex SAB de CV, NVS(a)   95,065,729    43,605,872 
GCC SAB de CV   1,300,700    9,366,604 
         52,972,476 
Consumer Finance — 0.9%          
Gentera SAB de CV   8,637,977    9,213,723 
           
Diversified Telecommunication Services — 1.3%          
Operadora De Sites Mexicanos SAB de CV   9,467,646    10,383,300 
Sitios Latinoamerica SAB de CV(a)   7,751,122    3,487,081 
         13,870,381 
Equity Real Estate Investment Trusts (REITs) — 5.6%          
Concentradora Fibra Danhos SA de CV(b)   3,501,154    4,231,725 
FIBRA Macquarie Mexico(c)   5,991,800    8,943,912 
Fibra Uno Administracion SA de CV   20,130,500    25,009,230 
PLA Administradora Industrial S. de RL de CV(b)   6,105,904    8,854,732 
Prologis Property Mexico SA de CV   4,361,638    13,448,422 
         60,488,021 
Food & Staples Retailing — 12.1%          
Grupo Comercial Chedraui SA de CV   1,619,200    7,040,255 
La Comer SAB de CV(b)   3,970,771    7,448,026 
Wal-Mart de Mexico SAB de CV(b)   29,240,133    116,269,462 
         130,757,743 
Food Products — 5.3%          
Gruma SAB de CV, Class B   1,399,360    17,466,978 
Grupo Bimbo SAB de CV, Series A(b)   8,485,004    36,035,100 
Grupo Herdez SAB de CV   1,947,224    3,988,509 
         57,490,587 
Hotels, Restaurants & Leisure — 0.8%          
Alsea SAB de CV(a)   4,200,566    8,375,442 
           
Household Products — 1.6%          
Kimberly-Clark de Mexico SAB de CV, Class A   10,362,454    17,616,279 

 

Security  Shares   Value 
           
Industrial Conglomerates — 2.6%          
Alfa SAB de CV, Class A   20,300,100   $14,067,189 
Grupo Carso SAB de CV, Series A1   3,163,020    13,660,954 
         27,728,143 
Insurance — 0.7%          
Qualitas Controladora SAB de CV   1,648,320    6,947,309 
           
Media — 1.6%          
Grupo Televisa SAB, CPO   15,583,447    17,114,815 
           
Metals & Mining — 5.9%          
Grupo Mexico SAB de CV, Series B   12,368,186    50,436,865 
Industrias Penoles SAB de CV   978,568    13,155,435 
         63,592,300 
Pharmaceuticals — 0.5%          
Genomma Lab Internacional SAB de CV, Class B   6,941,313    5,612,340 
           
Real Estate Management & Development — 1.0%          
Corp Inmobiliaria Vesta SAB de CV   4,703,149    10,518,341 
           
Road & Rail — 0.4%          
Grupo Traxion SAB de CV(a)(b)(c)   3,015,500    4,366,802 
           
Transportation Infrastructure — 9.2%          
Grupo Aeroportuario del Centro Norte SAB de CV   1,975,505    17,130,804 
Grupo Aeroportuario del Pacifico SAB de CV, Class B   2,286,249    36,894,708 
Grupo Aeroportuario del Sureste SAB de CV, Class B   1,253,330    31,007,153 
Promotora y Operadora de Infraestructura SAB de CV   1,603,510    14,148,520 
         99,181,185 
Wireless Telecommunication Services — 14.4%          
America Movil SAB de CV, Series L, NVS   159,984,718    155,639,741 
           
Total Long-Term Investments — 99.5%          
(Cost: $1,242,182,793)        1,071,985,212 
         
Short-Term Securities        
         
Money Market Funds — 1.3%        
BlackRock Cash Funds: Institutional, SL Agency Shares, 4.06%(d)(e)(f)   13,079,936    13,081,244 
BlackRock Cash Funds: Treasury, SL Agency Shares, 3.64%(d)(e)   830,000    830,000 
           
Total Short-Term Securities — 1.3%          
(Cost: $13,906,953)        13,911,244 
           
Total Investments — 100.8%          
(Cost: $1,256,089,746)        1,085,896,456 
           
Liabilities in Excess of Other Assets — (0.8)%        (8,124,394)
           
Net Assets — 100.0%       $1,077,772,062 

 

(a)Non-income producing security.

(b)All or a portion of this security is on loan.

(c)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.

(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 Mexico ETF
November 30, 2022  

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  Value at
08/31/22		   Purchases
at Cost		   Proceeds
from Sale		   Net Realized
Gain (Loss)		   Change in
Unrealized
Appreciation
(Depreciation)		   Value at
11/30/22		  Shares
Held at
11/30/22		   Income   Capital
Gain
Distributions
from
Underlying
Funds		 
BlackRock Cash Funds: Institutional, SL Agency Shares  $18,525,691   $—   $(5,441,568)(a)   $1,803   $(4,682)  $13,081,244   13,079,936   $23,299(b)   $— 
BlackRock Cash Funds: Treasury, SL Agency Shares   250,000    580,000(a)    —    —    —    830,000   830,000    3,163    — 
                  $1,803   $(4,682)  $13,911,244       $26,462   $— 

 

(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                 
Mexican BOLSA Index   207   12/16/22  $5,541  $40,960 

 

Fair Value Hierarchy as of Period End

 

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 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 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.

 

2

 

 

Schedule of Investments (unaudited) (continued) iShares® MSCI Mexico ETF
November 30, 2022  

 

Fair Value Hierarchy as of Period End (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  $1,071,985,212   $—   $—   $1,071,985,212 
Money Market Funds   13,911,244    —    —    13,911,244 
   $1,085,896,456   $—   $—   $1,085,896,456 
Derivative financial instruments(a)                    
Assets                    
Futures Contracts  $40,960   $—   $—   $40,960 

 

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

 

Portfolio Abbreviation

 

CPOCertificates of Participation (Ordinary)

NVSNon-Voting Shares

 

3