NPORT-EX 2 NPORT_0BIN_19504872_1123.htm

 

Schedule of Investments (unaudited) iShares® MSCI Chile ETF
November 30, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Banks — 25.5%          
Banco de Chile   551,246,379   $61,991,810 
Banco de Credito e Inversiones SA   927,710    24,914,090 
Banco Itau Chile SA, NVS   1,043,915    10,293,721 
Banco Santander Chile   691,583,599    33,950,977 
Grupo Security SA   30,410,656    8,194,123 
         139,344,721 
Beverages — 4.4%          
Cia. Cervecerias Unidas SA   2,112,374    12,930,281 
Vina Concha y Toro SA   9,112,262    10,865,966 
         23,796,247 
Broadline Retail — 3.9%          
Falabella SA   9,159,531    21,389,088 
           
Capital Markets — 0.9%          
Sociedad de Inversiones Oro Blanco SA   630,730,018    4,602,987 
           
Consumer Staples Distribution & Retail — 6.5%          
Cencosud SA   13,434,400    24,954,111 
SMU SA   55,883,483    10,316,162 
         35,270,273 
Electric Utilities — 10.7%          
Enel Americas SA(a)   251,853,964    29,322,079 
Enel Chile SA   317,022,506    19,995,881 
Engie Energia Chile SA(a)   9,716,517    9,217,406 
         58,535,366 
Independent Power and Renewable Electricity Producers — 3.5%
Colbun SA   121,259,336    19,186,824 
           
Marine Transportation — 1.7%          
Cia. Sud Americana de Vapores SA   161,634,888    9,377,659 
           
Metals & Mining — 1.7%          
CAP SA   1,351,772    9,296,943 
           
Oil, Gas & Consumable Fuels — 4.4%          
Empresas Copec SA   3,256,824    24,103,821 
Security  Shares   Value 
           
Paper & Forest Products — 4.3%          
Empresas CMPC SA   12,157,827   $23,516,888 
           
Passenger Airlines — 4.0%          
Latam Airlines Group SA   2,262,645,564    22,051,811 
           
Real Estate Management & Development — 3.3%
Parque Arauco SA   10,145,864    14,575,191 
Plaza SA   2,431,678    3,370,864 
         17,946,055 
Water Utilities — 3.9%          
Aguas Andinas SA, Class A   43,892,113    13,437,635 
Inversiones Aguas Metropolitanas SA   10,129,926    7,793,591 
         21,231,226 
Wireless Telecommunication Services — 1.8%
Empresa Nacional de Telecomunicaciones SA   2,879,962    9,592,719 
           
Total Common Stocks — 80.5%          
(Cost: $405,809,222)        439,242,628 
         
Preferred Stocks          
           
Beverages — 2.9%          
Embotelladora Andina SA, Class B, Preference Shares, NVS   6,540,479    15,748,445 
           
Electrical Equipment — 16.2%          
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares   1,750,461    88,590,988 
           
Total Preferred Stocks — 19.1%          
(Cost: $90,954,211)        104,339,433 
           
Total Investments — 99.6%          
(Cost: $496,763,433)        543,582,061 
           
Other Assets Less Liabilities — 0.4%        2,353,774 
           
Net Assets — 100.0%       $545,935,835 

 

(a) Non-income producing security.

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  Value at
08/31/23		   Purchases
at Cost		   Proceeds
from Sale		   Net Realized
Gain (Loss)		   Change in
Unrealized
Appreciation
(Depreciation)		   Value at
11/30/23		   Shares
Held at
11/30/23		   Income   Capital
Gain
Distributions
from
Underlying
Funds		 
BlackRock Cash Funds: Treasury, SL Agency Shares(a)   $—   $—   $0(b)   $—   $—   $—    —   $15,885   $— 

 

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

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Schedule of Investments (unaudited) (continued) iShares® MSCI Chile ETF
November 30, 2023  

 

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                    
MSCI Emerging Markets Index   31    12/15/23   $1,530   $20,516 

 

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.

 

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 
Assets                    
Investments                    
Long-Term Investments                    
Common Stocks  $295,080,542   $144,162,086   $—   $439,242,628 
Preferred Stocks   15,748,445    88,590,988    —    104,339,433 
   $310,828,987   $232,753,074   $—   $543,582,061 
Derivative Financial Instruments(a)                    
Assets                    
Equity Contracts  $20,516   $—   $—   $20,516 

 

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

 

Portfolio Abbreviation

 

NVSNon-Voting Shares

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