Schedule of Investments (unaudited) December 31, 2020 | iShares® U.S. Oil & Gas Exploration & Production ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Oil & Gas Exploration & Production — 64.7% |
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Antero Resources Corp.(a) | 172,517 | $ | 940,218 | |||||
Apache Corp. | 263,272 | 3,735,830 | ||||||
Bonanza Creek Energy Inc.(a) | 12,138 | 234,628 | ||||||
Cabot Oil & Gas Corp. | 278,023 | 4,526,214 | ||||||
Callon Petroleum Co.(a)(b) | 27,726 | 364,874 | ||||||
Cimarex Energy Co. | 71,129 | 2,668,049 | ||||||
CNX Resources Corp.(a) | 156,651 | 1,691,831 | ||||||
Concho Resources Inc. | 127,763 | 7,454,971 | ||||||
ConocoPhillips | 625,497 | 25,013,625 | ||||||
Continental Resources Inc./OK | 43,338 | 706,409 | ||||||
Devon Energy Corp. | 266,821 | 4,218,440 | ||||||
Diamondback Energy Inc. | 110,190 | 5,333,196 | ||||||
EOG Resources Inc. | 341,692 | 17,040,180 | ||||||
EQT Corp. | 192,259 | 2,443,612 | ||||||
Hess Corp. | 146,763 | 7,747,619 | ||||||
Kosmos Energy Ltd. | 283,069 | 665,212 | ||||||
Magnolia Oil & Gas Corp., Class A(a)(b) | 84,341 | 595,447 | ||||||
Marathon Oil Corp. | 550,644 | 3,672,796 | ||||||
Matador Resources Co.(a)(b) | 76,599 | 923,784 | ||||||
Murphy Oil Corp. | 100,747 | 1,219,039 | ||||||
Ovintiv Inc. | 181,240 | 2,602,606 | ||||||
Parsley Energy Inc., Class A | 213,169 | 3,027,000 | ||||||
PDC Energy Inc.(a) | 69,522 | 1,427,287 | ||||||
Pioneer Natural Resources Co. | 69,369 | 7,900,435 | ||||||
Range Resources Corp.(b) | 178,864 | 1,198,389 | ||||||
SM Energy Co. | 74,416 | 455,426 | ||||||
Southwestern Energy Co.(a) | 450,642 | 1,342,913 | ||||||
WPX Energy Inc.(a) | 281,735 | 2,296,140 | ||||||
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111,446,170 | ||||||||
Oil & Gas Refining & Marketing — 28.2% | ||||||||
Clean Energy Fuels Corp.(a) | 80,336 | 631,441 | ||||||
CVR Energy Inc. | 20,373 | 303,558 | ||||||
Delek U.S. Holdings Inc. | 43,231 | 694,722 | ||||||
HollyFrontier Corp. | 103,959 | 2,687,340 | ||||||
Marathon Petroleum Corp. | 381,083 | 15,761,593 | ||||||
New Fortress Energy Inc. | 11,769 | 630,701 |
Security | Shares | Value | ||||||
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Oil & Gas Refining & Marketing (continued) |
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Par Pacific Holdings Inc.(a) | 27,859 | $ | 389,469 | |||||
PBF Energy Inc., Class A | 67,113 | 476,502 | ||||||
Phillips 66 | 255,840 | 17,893,450 | ||||||
Valero Energy Corp. | 135,008 | 7,637,402 | ||||||
World Fuel Services Corp. | 44,308 | 1,380,637 | ||||||
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48,486,815 | ||||||||
Oil & Gas Storage & Transportation — 7.0% | ||||||||
Cheniere Energy Inc.(a) | 131,323 | 7,883,320 | ||||||
Targa Resources Corp. | 159,725 | 4,213,545 | ||||||
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12,096,865 | ||||||||
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Total Common Stocks — 99.9% | 172,029,850 | |||||||
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Short-Term Investments |
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Money Market Funds — 1.4% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.18%(c)(d)(e) | 2,330,069 | 2,331,467 | ||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(c)(d) | 117,000 | 117,000 | ||||||
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2,448,467 | ||||||||
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Total Short -Term Investments — 1.4% |
| 2,448,467 | ||||||
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Total Investments in Securities — 101.3% |
| 174,478,317 | ||||||
Other Assets, Less Liabilities — (1.3)% |
| (2,318,857 | ) | |||||
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Net Assets — 100.0% | $ | 172,159,460 | ||||||
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(a) | Non-income producing security. |
(b) | All or a portion of this security is on loan. |
(c) | Affiliate of the Fund. |
(d) | Annualized 7-day yield as of period-end. |
(e) | All or a portion of this security was purchased with cash collateral received from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended December 31, 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 03/31/20 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 12/31/20 | Shares Held at 12/31/20 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
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BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 3,061,984 | $ | — | $ | (735,496 | )(a) | $ | 5,075 | $ | (96 | ) | $ | 2,331,467 | 2,330,069 | $ | 53,328 | (b) | $ | — | ||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares. | 427,000 | — | (310,000 | )(a) | — | — | 117,000 | 117,000 | 345 | — | ||||||||||||||||||||||||||
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$ | 5,075 | $ | (96 | ) | $ | 2,448,467 | $ | 53,673 | $ | — | ||||||||||||||||||||||||||
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(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. |
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Schedule of Investments (unaudited) (continued) December 31, 2020 | iShares® U.S. Oil & Gas Exploration & Production ETF |
Futures Contracts
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Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
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Long Contracts | ||||||||||||||||
S&P Select Sector Energy E-Mini Index | 2 | 03/19/21 | $ | 78 | $ | (7,547 | ) | |||||||||
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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.
The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of December 31, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.
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Level 1 | Level 2 | Level 3 | Total | |||||||||||||
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Investments | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks | $ | 172,029,850 | $ | — | $ | — | $ | 172,029,850 | ||||||||
Money Market Funds | 2,448,467 | — | — | 2,448,467 | ||||||||||||
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$ | 174,478,317 | $ | — | $ | — | $ | 174,478,317 | |||||||||
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Derivative financial instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Futures Contracts | $ | (7,547 | ) | $ | — | $ | — | $ | (7,547 | ) | ||||||
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(a) | Shown at the unrealized appreciation (depreciation) on the contracts. |
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