Consolidated Schedule of Investments (unaudited) November 30, 2020 | iShares® MSCI India ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Airlines — 0.3% | ||||||||
InterGlobe Aviation Ltd.(a)(b) | 521,308 | $ | 10,658,635 | |||||
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Auto Components — 1.2% | ||||||||
Balkrishna Industries Ltd. | 436,549 | 9,781,881 | ||||||
Bharat Forge Ltd. | 1,261,338 | 8,658,299 | ||||||
Motherson Sumi Systems Ltd. | 6,845,343 | 13,684,909 | ||||||
MRF Ltd. | 9,695 | 10,177,078 | ||||||
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42,302,167 | ||||||||
Automobiles — 5.7% | ||||||||
Bajaj Auto Ltd. | 376,339 | 16,127,344 | ||||||
Eicher Motors Ltd. | 740,472 | 25,343,403 | ||||||
Hero MotoCorp Ltd. | 646,062 | 27,121,409 | ||||||
Mahindra & Mahindra Ltd. | 4,379,316 | 42,695,467 | ||||||
Maruti Suzuki India Ltd. | 736,659 | 69,987,143 | ||||||
Tata Motors Ltd.(b) | 9,247,127 | 22,519,630 | ||||||
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203,794,396 | ||||||||
Banks — 11.4% | ||||||||
Axis Bank Ltd.(b) | 12,272,365 | 99,695,229 | ||||||
Bandhan Bank Ltd.(a)(b) | 3,927,781 | 19,464,875 | ||||||
ICICI Bank Ltd.(b) | 27,654,895 | 176,763,535 | ||||||
Kotak Mahindra Bank Ltd.(b) | 2,816,437 | 72,529,017 | ||||||
State Bank of India(b) | 9,673,499 | 31,904,831 | ||||||
Yes Bank Ltd.(b) | 38,008,673 | 7,544,636 | ||||||
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407,902,123 | ||||||||
Beverages — 0.3% | ||||||||
United Spirits Ltd.(b) | 1,575,114 | 11,664,006 | ||||||
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Biotechnology — 0.4% | ||||||||
Biocon Ltd.(b) | 2,273,337 | 13,179,944 | ||||||
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Capital Markets — 0.3% | ||||||||
HDFC Asset Management Co. Ltd.(a) | 288,360 | 9,885,572 | ||||||
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Chemicals — 3.3% | ||||||||
Asian Paints Ltd. | 2,076,619 | 62,119,457 | ||||||
Berger Paints India Ltd. | 1,315,848 | 11,509,367 | ||||||
PI Industries Ltd. | 402,395 | 11,999,651 | ||||||
Pidilite Industries Ltd. | 820,749 | 17,095,740 | ||||||
UPL Ltd. | 2,691,476 | 15,180,751 | ||||||
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117,904,966 | ||||||||
Construction & Engineering — 1.6% | ||||||||
Larsen & Toubro Ltd. | 3,728,508 | 56,509,442 | ||||||
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Construction Materials — 2.8% | ||||||||
ACC Ltd. | 381,594 | 8,785,712 | ||||||
Ambuja Cements Ltd. | 3,766,392 | 13,276,619 | ||||||
Grasim Industries Ltd. | 1,604,728 | 18,976,664 | ||||||
Shree Cement Ltd. | 58,544 | 19,215,001 | ||||||
UltraTech Cement Ltd. | 625,603 | 40,565,727 | ||||||
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100,819,723 | ||||||||
Consumer Finance — 3.4% | ||||||||
Bajaj Finance Ltd. | 1,468,703 | 97,352,611 | ||||||
Muthoot Finance Ltd. | 608,286 | 9,462,341 | ||||||
Shriram Transport Finance Co. Ltd. | 1,028,538 | 14,863,585 | ||||||
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121,678,537 | ||||||||
Diversified Financial Services — 0.5% | ||||||||
Piramal Enterprises Ltd. | 488,826 | 9,162,486 |
Security | Shares | Value | ||||||
Diversified Financial Services (continued) | ||||||||
REC Ltd. | 4,816,422 | $ | 7,898,786 | |||||
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17,061,272 | ||||||||
Diversified Telecommunication Services — 0.2% | ||||||||
Bharti Infratel Ltd. | 1,804,212 | 5,325,691 | ||||||
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Electric Utilities — 0.8% | ||||||||
Power Grid Corp. of India Ltd. | 11,370,732 | 29,541,448 | ||||||
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Electrical Equipment — 0.4% | ||||||||
Havells India Ltd. | 1,187,357 | 12,848,988 | ||||||
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Food & Staples Retailing — 0.8% | ||||||||
Avenue Supermarts Ltd.(a)(b) | 877,606 | 27,128,239 | ||||||
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Food Products — 2.7% | ||||||||
Britannia Industries Ltd. | 586,925 | 28,832,189 | ||||||
Nestle India Ltd. | 182,831 | 44,164,464 | ||||||
Tata Consumer Products Ltd. | 3,241,923 | 23,551,754 | ||||||
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96,548,407 | ||||||||
Gas Utilities — 0.7% | ||||||||
GAIL India Ltd. | 8,611,106 | 11,935,927 | ||||||
Indraprastha Gas Ltd. | 1,707,122 | 11,442,861 | ||||||
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23,378,788 | ||||||||
Health Care Providers & Services — 0.4% | ||||||||
Apollo Hospitals Enterprise Ltd. | 459,546 | 14,569,574 | ||||||
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Hotels, Restaurants & Leisure — 0.4% | ||||||||
Jubilant Foodworks Ltd. | 429,095 | 14,490,077 | ||||||
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Household Products — 3.6% | ||||||||
Hindustan Unilever Ltd. | 4,456,698 | 128,676,670 | ||||||
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Independent Power and Renewable Electricity Producers — 1.7% | ||||||||
Adani Green Energy Ltd.(b) | 1,986,966 | 30,490,177 | ||||||
NTPC Ltd. | 24,130,057 | 30,856,496 | ||||||
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61,346,673 | ||||||||
Industrial Conglomerates — 0.2% | ||||||||
Siemens Ltd. | 385,974 | 7,887,955 | ||||||
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Insurance — 3.2% | ||||||||
Bajaj Finserv Ltd. | 206,895 | 24,469,939 | ||||||
HDFC Life Insurance Co. Ltd.(a)(b) | 3,830,342 | 33,453,830 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) | 1,108,349 | 21,722,106 | ||||||
ICICI Prudential Life Insurance Co. Ltd.(a) | 1,945,440 | 11,603,354 | ||||||
SBI Life Insurance Co. Ltd.(a)(b) | 2,167,818 | 24,766,072 | ||||||
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116,015,301 | ||||||||
Interactive Media & Services — 0.6% | ||||||||
Info Edge India Ltd. | 380,849 | 22,146,262 | ||||||
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IT Services — 16.9% | ||||||||
HCL Technologies Ltd. | 5,882,753 | 65,304,566 | ||||||
Infosys Ltd. | 18,467,153 | 274,303,226 | ||||||
Larsen & Toubro Infotech Ltd.(a) | 239,574 | 10,353,543 | ||||||
Tata Consultancy Services Ltd. | 5,083,964 | 183,958,061 | ||||||
Tech Mahindra Ltd. | 3,403,954 | 40,303,918 | ||||||
Wipro Ltd. | 6,193,992 | 29,315,476 | ||||||
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603,538,790 | ||||||||
Life Sciences Tools & Services — 1.0% | ||||||||
Divi’s Laboratories Ltd. | 705,932 | 34,365,168 | ||||||
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Media — 0.3% | ||||||||
Zee Entertainment Enterprises Ltd. | 4,777,504 | 12,434,655 | ||||||
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Consolidated Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® MSCI India ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Metals & Mining — 2.6% | ||||||||
Hindalco Industries Ltd. | 8,521,661 | $ | 26,046,120 | |||||
JSW Steel Ltd. | 4,584,987 | 21,681,660 | ||||||
Tata Steel Ltd. | 3,662,958 | 28,556,790 | ||||||
Vedanta Ltd. | 10,083,790 | 16,441,795 | ||||||
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92,726,365 | ||||||||
Multiline Retail — 0.2% | ||||||||
Trent Ltd. | 897,264 | 8,727,140 | ||||||
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Oil, Gas & Consumable Fuels — 13.5% | ||||||||
Bharat Petroleum Corp. Ltd. | 3,526,896 | 17,763,959 | ||||||
Coal India Ltd. | 6,679,823 | 11,324,524 | ||||||
Hindustan Petroleum Corp. Ltd. | 3,716,221 | 10,505,404 | ||||||
Indian Oil Corp. Ltd. | 10,204,109 | 11,656,918 | ||||||
Oil & Natural Gas Corp. Ltd. | 13,635,834 | 14,454,053 | ||||||
Petronet LNG Ltd. | 4,064,553 | 13,789,774 | ||||||
Reliance Industries Ltd. | 15,460,550 | 402,879,830 | ||||||
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482,374,462 | ||||||||
Personal Products — 1.9% | ||||||||
Colgate-Palmolive India Ltd. | 661,610 | 13,523,221 | ||||||
Dabur India Ltd. | 2,873,538 | 19,393,290 | ||||||
Godrej Consumer Products Ltd. | 2,216,485 | 20,943,342 | ||||||
Marico Ltd. | 2,808,694 | 13,945,572 | ||||||
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67,805,425 | ||||||||
Pharmaceuticals — 4.1% | ||||||||
Aurobindo Pharma Ltd. | 1,587,726 | 18,621,243 | ||||||
Cipla Ltd. | 2,383,225 | 23,994,363 | ||||||
Dr. Reddy’s Laboratories Ltd. | 630,685 | 41,124,771 | ||||||
Ipca Laboratories Ltd. | 285,742 | 8,360,287 | ||||||
Lupin Ltd. | 1,227,892 | 14,786,518 | ||||||
Sun Pharmaceutical Industries Ltd. | 4,550,996 | 31,442,547 | ||||||
Torrent Pharmaceuticals Ltd. | 275,061 | 9,713,049 | ||||||
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148,042,778 |
Security | Shares | Value | ||||||
Real Estate Management & Development — 0.2% | ||||||||
DLF Ltd. | 3,353,689 | $ | 8,477,483 | |||||
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Road & Rail — 0.2% | ||||||||
Container Corp. of India Ltd. | 1,485,913 | 8,147,252 | ||||||
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Textiles, Apparel & Luxury Goods — 1.2% | ||||||||
Page Industries Ltd. | 30,170 | 9,270,208 | ||||||
Titan Co. Ltd. | 1,924,514 | 35,373,766 | ||||||
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44,643,974 | ||||||||
Thrifts & Mortgage Finance — 7.9% | ||||||||
Housing Development Finance Corp. Ltd. | 9,230,222 | 281,214,461 | ||||||
LIC Housing Finance Ltd. | 152,210 | 676,203 | ||||||
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281,890,664 | ||||||||
Tobacco — 1.2% | ||||||||
ITC Ltd. | 16,004,686 | 41,850,721 | ||||||
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Transportation Infrastructure — 0.4% | ||||||||
Adani Ports & Special Economic Zone Ltd. | 2,752,732 | 15,297,653 | ||||||
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Wireless Telecommunication Services — 1.2% | ||||||||
Bharti Airtel Ltd. | 6,800,244 | 42,538,112 | ||||||
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Total Common Stocks — 99.7% |
| 3,566,125,498 | ||||||
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Total Investments in Securities — 99.7% |
| 3,566,125,498 | ||||||
Other Assets, Less Liabilities — 0.3% | 12,333,513 | |||||||
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Net Assets — 100.0% | $ 3,578,459,011 | |||||||
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(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. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
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Affiliated Issuer | Value at 08/31/20 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 11/30/20 | Shares Held at 11/30/20 | Income |
Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
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BlackRock Cash Funds: Treasury, SL Agency Shares(a) | $ | — | $ | 0 | (b) | $ | — | $ | — | $ | — | $ | — | — | $ | 1,678 | $ | — | ||||||||||||||||||
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(a) | As of period end, the entity is no longer held. |
(b) | Represents net amount purchased (sold). |
Fair Value Measurements
Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.
2 |
Consolidated Schedule of Investments (unaudited) (continued) November 30, 2020 | iShares® MSCI India ETF
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Fair Value Measurements (continued)
The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Consolidated Schedule of Investments above.
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Level 1 | Level 2 | Level 3 | Total | |||||||||||||
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Investments | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks | $ | 3,566,125,498 | $ | — | $ | — | $ | 3,566,125,498 | ||||||||
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3 |