NPORT-EX 2 NPORT_2Q1X_70042903_0124.htm

 

Schedule of Investments (unaudited) iShares® Asia/Pacific Dividend ETF
January 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Australia — 40.3%      
Ampol Ltd.   38,739   $916,273 
ANZ Group Holdings Ltd.   43,691    770,901 
Bank of Queensland Ltd.   161,831    635,342 
Bendigo & Adelaide Bank Ltd.   108,890    695,691 
BHP Group Ltd.   32,293    987,972 
CSR Ltd.   239,929    1,080,393 
Elders Ltd.   120,156    701,930 
Fortescue Ltd.   74,334    1,436,634 
Harvey Norman Holdings Ltd.   374,640    1,076,644 
JB Hi-Fi Ltd.   34,641    1,288,730 
Magellan Financial Group Ltd.   281,785    1,651,651 
Nick Scali Ltd.   145,471    1,176,136 
Perpetual Ltd.   44,017    740,694 
Rio Tinto Ltd.   8,778    755,324 
South32 Ltd.   252,493    546,702 
Super Retail Group Ltd.   82,409    850,476 
Viva Energy Group Ltd.(a)    531,647    1,211,019 
Westpac Banking Corp.   45,213    709,284 
         17,231,796 
Hong Kong — 22.0%      
BOC Hong Kong Holdings Ltd.   147,000    352,329 
CK Hutchison Holdings Ltd.   111,500    575,877 
CK Infrastructure Holdings Ltd.   133,000    789,866 
Henderson Land Development Co. Ltd.   219,000    570,631 
Hongkong Land Holdings Ltd.   129,400    403,923 
Hysan Development Co. Ltd.   234,000    403,882 
Kerry Properties Ltd.   327,000    519,270 
New World Development Co. Ltd.(b)    387,250    474,634 
PCCW Ltd.   2,273,000    1,175,714 
Power Assets Holdings Ltd.   147,500    863,640 
Sino Land Co. Ltd.   532,000    555,708 
Sun Hung Kai Properties Ltd.   40,500    378,002 
Swire Pacific Ltd., Class A   61,500    475,827 
Swire Properties Ltd.   203,400    380,108 
VTech Holdings Ltd.   253,500    1,468,269 
         9,387,680 
Japan — 30.1%      
Haseko Corp.   52,200    678,803 
Iino Kaiun Kaisha Ltd.   81,600    712,635 
JAFCO Group Co. Ltd.   49,100    582,360 
Kumagai Gumi Co. Ltd.   26,300    684,485 
Mitsubishi HC Capital Inc.   96,200    682,101 
Mitsui OSK Lines Ltd.   71,700    2,575,497 
MS&AD Insurance Group Holdings Inc.   16,200    668,975 
Nippon Yusen KK   65,900    2,270,971 
Nishimatsu Construction Co. Ltd.   27,100    744,952 
Niterra Co. Ltd.   34,900    939,808 
Sojitz Corp.   28,880    681,609 
Security  Shares   Value 
       
Japan (continued)      
Sumitomo Corp.   32,600   $749,729 
Yamato Kogyo Co. Ltd.   15,700    869,054 
         12,840,979 
New Zealand — 1.9%      
Spark New Zealand Ltd.   248,873    808,537 
           
Singapore — 5.6%      
Golden Agri-Resources Ltd.   3,899,000    784,741 
Keppel Ltd.   177,600    943,724 
Oversea-Chinese Banking Corp. Ltd.   68,800    658,097 
         2,386,562 
       
Total Common Stocks — 99.9%      
(Cost: $43,969,119)     42,655,554 
           
Warrants      
           
Australia — 0.0%      
Magellan Financial Group Ltd. (Issued/Exercisable 04/14/22, 1 Share for 1 Warrant, Expires 04/16/27, Strike Price AUD )(c)    1     
           
Total Warrants — 0.0%      
(Cost: $—)     
Total Long-Term Investments — 99.9%      
(Cost: $43,969,119)    42,655,554 
           
Short-Term Securities      
           
Money Market Funds — 1.1%      
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%(d)(e)(f)    473,020    473,304 
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%(d)(e)    20,000    20,000 
           
Total Short-Term Securities — 1.1%      
(Cost: $493,351)    493,304 
           
Total Investments — 101.0%      
(Cost: $44,462,470)    43,148,858 
       
Liabilities in Excess of Other Assets — (1.0)%    (446,975)
           
Net Assets — 100.0%   $42,701,883 

 

(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) All or a portion of this security is on loan.
(c) Non-income producing security.
(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® Asia/Pacific Dividend ETF
January 31, 2024

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  Value at
04/30/23
   Purchases
at Cost
   Proceeds
from Sale
   Net Realized
Gain (Loss)
   Change in
Unrealized
Appreciation
(Depreciation)
   Value at
01/31/24
   Shares
Held at
01/31/24
   Income   Capital
Gain
Distributions
from
Underlying
Funds
 
BlackRock Cash Funds: Institutional, SL Agency Shares  $   $473,118(a)   $   $233   $(47)  $473,304    473,020   $2,077(b)   $ 
BlackRock Cash Funds: Treasury, SL Agency Shares   10,000    10,000(a)                20,000    20,000    1,715     
                  $233   $(47)  $493,304        $3,792   $ 

 

(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 Singapore Index   1   02/28/24  $21   $(91)
Mini TOPIX Index   1   03/07/24   17    1,155 
                $1,064 

 

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  $1,593,278   $41,062,276   $   $42,655,554 

 

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Schedule of Investments (unaudited) (continued) iShares® Asia/Pacific Dividend ETF
January 31, 2024

 

Fair Value Hierarchy as of Period End (continued)

 

   Level 1   Level 2   Level 3   Total 
Long-Term Investments (continued)                    
Warrants  $   $   $   $ 
Short-Term Securities                    
Money Market Funds   493,304            493,304 
   $2,086,582   $41,062,276   $   $43,148,858 
Derivative Financial Instruments(a)                     
Assets                    
Equity Contracts  $   $1,155   $   $1,155 
Liabilities                    
Equity Contracts       (91)       (91)
   $   $1,064   $    1,064 

 

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

 

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