NPORT-EX 2 NPORT_0BIE_76553907_0524.htm
Schedule of Investments (unaudited) iShares® MSCI Taiwan ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Automobile Components — 0.6%          
Cheng Shin Rubber Industry Co. Ltd.(a)   14,932,670   $28,106,419 
           
Banks — 10.6%          
Chang Hwa Commercial Bank Ltd.   41,143,700    23,162,258 
CTBC Financial Holding Co. Ltd.   86,059,325    94,292,536 
E.Sun Financial Holding Co. Ltd.(a)   70,728,952    62,546,618 
First Financial Holding Co. Ltd.(a)   57,390,076    48,819,513 
Hua Nan Financial Holdings Co. Ltd.   52,426,387    40,565,552 
Mega Financial Holding Co. Ltd.(a)   56,637,493    68,419,754 
Shanghai Commercial & Savings Bank Ltd. (The)   23,384,218    33,292,786 
SinoPac Financial Holdings Co. Ltd.   64,901,250    46,288,183 
Taishin Financial Holding Co. Ltd.   66,238,619    37,659,929 
Taiwan Business Bank   44,677,104    23,357,714 
Taiwan Cooperative Financial Holding Co. Ltd.   55,410,829    43,761,055 
         522,165,898 
Biotechnology — 0.5%          
PharmaEssentia Corp.(a)(b)   1,719,000    22,165,528 
           
Chemicals — 2.3%          
Formosa Chemicals & Fibre Corp.(a)   19,589,610    32,055,103 
Formosa Plastics Corp.(a)   19,613,518    39,578,193 
Nan Ya Plastics Corp.(a)   24,236,938    39,908,947 
         111,542,243 
Communications Equipment — 1.0%          
Accton Technology Corp.   3,202,000    50,137,997 
           
Construction Materials — 1.2%          
Asia Cement Corp.(a)   16,672,136    21,401,025 
Taiwan Cement Corp.(a)   36,236,645    36,998,400 
         58,399,425 
Consumer Staples Distribution & Retail — 0.6% 
President Chain Store Corp.   3,487,215    29,096,433 
           
Diversified Telecommunication Services — 1.4% 
Chunghwa Telecom Co. Ltd.(a)   17,843,648    70,603,145 
           
Electrical Equipment — 1.4%          
Fortune Electric Co. Ltd.   944,000    20,806,816 
Voltronic Power Technology Corp.   465,000    24,369,556 
Walsin Lihwa Corp.(a)   20,092,178    22,990,521 
Ya Hsin Industrial Co. Ltd.(c)   6,845,461    2 
         68,166,895 
Electronic Equipment, Instruments & Components — 13.6% 
AUO Corp.(a)   44,965,664    24,778,005 
Delta Electronics Inc.   8,995,180    90,639,975 
E Ink Holdings Inc.(a)   4,931,000    33,533,510 
Hon Hai Precision Industry Co. Ltd.   53,600,296    285,448,146 
Innolux Corp.(a)   59,737,399    25,781,473 
Largan Precision Co. Ltd.   536,794    37,912,022 
Nan Ya Printed Circuit Board Corp.   1,578    9,564 
Pacific Electric Wire & Cable Co. Ltd.(c)   197     
Synnex Technology International Corp.(a)   10,708,364    27,913,409 
Unimicron Technology Corp.   7,109,000    40,408,205 
WPG Holdings Ltd.(a)   13,621,604    36,338,393 
Yageo Corp.(a)   2,023,767    41,544,319 
Zhen Ding Technology Holding Ltd.(a)   5,646,072    21,368,457 
         665,675,478 
Financial Services — 1.9%          
Chailease Holding Co. Ltd.(a)   7,680,790    36,173,971 
Yuanta Financial Holding Co. Ltd.   56,495,490    55,363,815 
         91,537,786 
Security  Shares   Value 
         
Food Products — 1.2%          
Uni-President Enterprises Corp.   23,744,189   $58,703,282 
           
Household Durables — 0.4%          
Nien Made Enterprise Co. Ltd.   1,693,000    18,374,370 
           
Industrial Conglomerates — 0.5%          
Far Eastern New Century Corp.   23,465,843    24,501,203 
           
Insurance — 4.6%          
Cathay Financial Holding Co. Ltd.   42,668,798    74,251,488 
China Development Financial Holding Corp.(b)   87,821,587    38,351,302 
Fubon Financial Holding Co. Ltd.   37,778,414    85,860,850 
Shin Kong Financial Holding Co. Ltd.(a)(b)   96,280,273    28,125,033 
         226,588,673 
Machinery — 0.6%          
Airtac International Group   903,826    28,598,131 
           
Marine Transportation — 1.6%          
Evergreen Marine Corp. Taiwan Ltd.(a)   5,573,013    36,214,090 
Wan Hai Lines Ltd.(a)   7,256,000    17,852,170 
Yang Ming Marine Transport Corp.(a)   11,661,000    25,738,146 
         79,804,406 
Metals & Mining — 0.9%          
China Steel Corp.(a)   59,671,977    43,796,426 
           
Oil, Gas & Consumable Fuels — 0.4%          
Formosa Petrochemical Corp.(a)   9,581,950    19,989,106 
Passenger Airlines — 0.8%          
China Airlines Ltd.(a)   27,071,000    18,790,053 
Eva Airways Corp.(a)   20,389,000    22,596,121 
         41,386,174 
Real Estate Management & Development — 0.4% 
Ruentex Development Co. Ltd.   14,177,969    19,567,968 
           
Semiconductors & Semiconductor Equipment — 37.0% 
Alchip Technologies Ltd.(a)   424,279    37,906,468 
ASE Technology Holding Co. Ltd.(a)   15,705,432    76,257,254 
eMemory Technology Inc.   396,000    26,976,918 
Global Unichip Corp.(a)   581,000    26,319,549 
Globalwafers Co. Ltd.(a)   1,702,000    27,768,056 
MediaTek Inc.   6,515,175    249,492,591 
Nanya Technology Corp.(a)   10,444,000    20,891,158 
Novatek Microelectronics Corp.(a)   3,134,544    57,786,660 
Realtek Semiconductor Corp.   2,672,063    45,114,730 
Silergy Corp.(a)   2,097,000    30,709,275 
Taiwan Semiconductor Manufacturing Co. Ltd.   42,210,882    1,080,933,366 
United Microelectronics Corp.(a)   52,617,501    89,577,316 
Vanguard International Semiconductor Corp.(a)   7,095,000    23,639,119 
Winbond Electronics Corp.(a)   26,558,737    20,630,532 
         1,814,002,992 
Specialty Retail — 0.7%          
Hotai Motor Co. Ltd.(a)   1,736,500    33,005,211 
           
Technology Hardware, Storage & Peripherals — 12.6% 
Acer Inc.(a)   24,027,737    39,416,152 
Advantech Co. Ltd.(a)   2,805,021    30,710,628 
Asia Vital Components Co. Ltd.   1,775,000    42,136,661 
Asustek Computer Inc.(a)   3,870,857    61,625,424 
Catcher Technology Co. Ltd.(a)   4,474,743    31,090,743 
Compal Electronics Inc.   31,121,554    35,738,218 
Gigabyte Technology Co. Ltd.(a)   3,005,000    29,702,052 
Inventec Corp.(a)   20,373,868    33,927,379 
Lite-On Technology Corp.(a)   11,862,071    39,680,763 

 

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Schedule of Investments (unaudited) (continued) iShares® MSCI Taiwan ETF
May 31, 2024 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
     
Technology Hardware, Storage & Peripherals (continued) 
Micro-Star International Co. Ltd.   4,975,000   $29,552,322 
Pegatron Corp.   12,080,037    39,643,812 
Quanta Computer Inc.   12,932,240    109,877,293 
Wistron Corp.(a)   12,927,000    45,030,616 
Wiwynn Corp.(a)   684,000    52,349,576 
         620,481,639 
Textiles, Apparel & Luxury Goods — 1.3%          
Eclat Textile Co. Ltd.   1,457,601    21,870,709 
Feng TAY Enterprise Co. Ltd.(a)   4,218,916    20,209,335 
Pou Chen Corp.   20,386,103    23,639,530 
         65,719,574 
Transportation Infrastructure — 0.4%          
Taiwan High Speed Rail Corp.   19,419,000    18,002,283 
           
Wireless Telecommunication Services — 1.3%          
Far EasTone Telecommunications Co. Ltd.   12,387,259    31,954,996 
Taiwan Mobile Co. Ltd.(a)   10,260,609    33,483,972 
         65,438,968 
Total Long-Term Investments — 99.8%          
(Cost: $2,207,302,535)        4,895,557,653 
           
Short-Term Securities          
           
Money Market Funds — 12.2%          
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.49%(d)(e)(f)   598,318,158    598,497,653 
Security  Shares   Value 
         
Money Market Funds (continued)          
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.28%(d)(e)   2,130,000   $2,130,000 
           
Total Short-Term Securities — 12.2%          
(Cost: $600,629,267)        600,627,653 
           
Total Investments — 112.0%          
(Cost: $2,807,931,802)        5,496,185,306 
           
Liabilities in Excess of Other Assets — (12.0)%        (590,234,389)
           
Net Assets — 100.0%       $4,905,950,917 

 

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

(b)Non-income producing security.

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

(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.

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 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
08/31/23
   Purchases
at Cost
   Proceeds
from Sales
   Net Realized
Gain (Loss)
   Change in
Unrealized
Appreciation
(Depreciation)
   Value at
05/31/24
   Shares
Held at
05/31/24
   Income   Capital
Gain
Distributions
from
Underlying
Funds
 
BlackRock Cash Funds: Institutional,
SL Agency Shares
  $460,864,976   $137,638,130(a)  $   $29,440   $(34,893)  $598,497,653    598,318,158   $4,861,360(b)  $ 
BlackRock Cash Funds: Treasury,
SL Agency Shares
   4,050,000        (1,920,000)(a)        2,130,000    2,130,000    364,292     
                  $29,440   $(34,893)  $600,627,653        $5,225,652   $ 

 

(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                  
FTSE Taiwan Index   110   06/27/24  $7,947   $(228,937)

 

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Schedule of Investments (unaudited) (continued) iShares® MSCI Taiwan ETF
May 31, 2024  

 

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  $79,804,406   $4,815,753,245   $2   $4,895,557,653 
Short-Term Securities                    
Money Market Funds   600,627,653            600,627,653 
   $680,432,059   $4,815,753,245   $2   $5,496,185,306 
Derivative Financial Instruments(a)                    
Liabilities                    
Equity Contracts  $   $(228,937)  $   $(228,937)

 

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

 

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