Schedule of Investments (unaudited) December 31, 2020 | iShares® Global Materials ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks |
| |||||||
Australia — 10.7% | ||||||||
BHP Group Ltd. | 724,920 | $ | 23,734,691 | |||||
BHP Group PLC | 519,742 | 13,676,374 | ||||||
Fortescue Metals Group Ltd. | 408,746 | 7,390,031 | ||||||
James Hardie Industries PLC(a) | 109,245 | 3,221,905 | ||||||
Newcrest Mining Ltd. | 200,940 | 3,997,328 | ||||||
Rio Tinto Ltd. | 91,349 | 8,023,816 | ||||||
South32 Ltd. | 1,190,028 | 2,268,165 | ||||||
|
| |||||||
62,312,310 | ||||||||
Belgium — 0.8% | ||||||||
Solvay SA | 17,985 | 2,131,897 | ||||||
Umicore SA | 49,010 | 2,356,071 | ||||||
|
| |||||||
4,487,968 | ||||||||
Brazil — 2.4% | ||||||||
Vale SA, ADR | 845,268 | 14,166,692 | ||||||
|
| |||||||
Canada — 7.3% | ||||||||
Agnico Eagle Mines Ltd. | 59,788 | 4,204,401 | ||||||
Barrick Gold Corp. | 437,522 | 9,959,292 | ||||||
CCL Industries Inc., Class B, NVS | 36,639 | 1,661,984 | ||||||
First Quantum Minerals Ltd. | 135,563 | 2,431,408 | ||||||
Franco-Nevada Corp. | 46,960 | 5,882,901 | ||||||
Kinross Gold Corp. | 309,916 | 2,272,069 | ||||||
Kirkland Lake Gold Ltd. | 68,103 | 2,811,788 | ||||||
Nutrien Ltd. | 140,056 | 6,732,362 | ||||||
Teck Resources Ltd., Class B | 114,369 | 2,073,724 | ||||||
Wheaton Precious Metals Corp. | 110,350 | 4,604,557 | ||||||
|
| |||||||
42,634,486 | ||||||||
Chile — 0.4% | ||||||||
Empresas CMPC SA | 278,515 | 733,037 | ||||||
Sociedad Quimica y Minera de Chile SA, ADR | 29,678 | 1,456,893 | ||||||
|
| |||||||
2,189,930 | ||||||||
Denmark — 1.0% | ||||||||
Chr Hansen Holding A/S(a) | 25,308 | 2,605,890 | ||||||
Novozymes A/S, Class B | 51,703 | 2,970,362 | ||||||
|
| |||||||
5,576,252 | ||||||||
Finland — 1.3% | ||||||||
Stora Enso OYJ, Class R | 150,561 | 2,882,104 | ||||||
UPM-Kymmene OYJ | 131,343 | 4,896,673 | ||||||
|
| |||||||
7,778,777 | ||||||||
France — 3.6% | ||||||||
Air Liquide SA | 116,542 | 19,143,373 | ||||||
Arkema SA | 16,385 | 1,874,475 | ||||||
|
| |||||||
21,017,848 | ||||||||
Germany — 5.0% | ||||||||
BASF SE | 226,021 | 17,898,185 | ||||||
Covestro AG(b) | 43,649 | 2,695,972 | ||||||
HeidelbergCement AG | 36,000 | 2,696,606 | ||||||
LANXESS AG | 21,526 | 1,652,981 | ||||||
Symrise AG | 31,636 | 4,195,972 | ||||||
|
| |||||||
29,139,716 | ||||||||
Ireland — 7.7% | ||||||||
CRH PLC(a) | 193,178 | 8,041,067 | ||||||
Linde PLC | 129,158 | 34,034,424 | ||||||
Smurfit Kappa Group PLC | 63,484 | 2,954,789 | ||||||
|
| |||||||
45,030,280 |
Security | Shares | Value | ||||||
Japan — 7.9% | ||||||||
Asahi Kasei Corp. | 343,200 | $ | 3,505,297 | |||||
JFE Holdings Inc.(a) | 142,300 | 1,361,736 | ||||||
Mitsubishi Chemical Holdings Corp. | 348,800 | 2,108,780 | ||||||
Mitsui Chemicals Inc. | 50,400 | 1,476,681 | ||||||
Nippon Paint Holdings Co. Ltd. | 48,800 | 5,355,262 | ||||||
Nippon Steel Corp.(a) | 233,829 | 3,007,651 | ||||||
Nitto Denko Corp. | 39,100 | 3,495,501 | ||||||
Oji Holdings Corp. | 247,800 | 1,408,868 | ||||||
Shin-Etsu Chemical Co. Ltd. | 97,400 | 17,018,703 | ||||||
Sumitomo Chemical Co. Ltd. | 407,400 | 1,637,571 | ||||||
Sumitomo Metal Mining Co. Ltd. | 67,300 | 2,984,810 | ||||||
Toray Industries Inc. | 401,300 | 2,374,489 | ||||||
|
| |||||||
45,735,349 | ||||||||
Mexico — 0.9% | ||||||||
Cemex SAB de CV, CPO, NVS(a) | 3,715,384 | 1,914,983 | ||||||
Grupo Mexico SAB de CV, Series B | 785,400 | 3,315,744 | ||||||
|
| |||||||
5,230,727 | ||||||||
Netherlands — 2.9% | ||||||||
Akzo Nobel NV | 47,436 | 5,099,422 | ||||||
ArcelorMittal SA(a) | 170,970 | 3,949,513 | ||||||
Koninklijke DSM NV | 44,555 | 7,675,750 | ||||||
|
| |||||||
16,724,685 | ||||||||
Norway — 0.6% | ||||||||
Norsk Hydro ASA | 336,034 | 1,564,400 | ||||||
Yara International ASA | 42,244 | 1,756,477 | ||||||
|
| |||||||
3,320,877 | ||||||||
Peru — 0.2% | ||||||||
Southern Copper Corp. | 20,937 | 1,363,417 | ||||||
|
| |||||||
South Korea — 2.4% | ||||||||
LG Chem Ltd. | 11,639 | 8,828,625 | ||||||
POSCO | 19,739 | 4,942,473 | ||||||
|
| |||||||
13,771,098 | ||||||||
Sweden — 0.8% | ||||||||
Boliden AB | 67,306 | 2,388,170 | ||||||
Svenska Cellulosa AB SCA, Class B(a) | 147,342 | 2,570,957 | ||||||
|
| |||||||
4,959,127 | ||||||||
Switzerland — 4.5% | ||||||||
Clariant AG, Registered | 60,646 | 1,291,202 | ||||||
Givaudan SA, Registered | 1,954 | 8,245,285 | ||||||
LafargeHolcim Ltd., Registered | 125,613 | 6,909,106 | ||||||
Sika AG, Registered | 34,890 | 9,543,981 | ||||||
|
| |||||||
25,989,574 | ||||||||
Taiwan — 1.2% | ||||||||
Formosa Plastics Corp. | 1,080,720 | 3,707,788 | ||||||
Nan Ya Plastics Corp. | 1,385,940 | 3,546,483 | ||||||
|
| |||||||
7,254,271 | ||||||||
United Kingdom — 9.2% | ||||||||
Amcor PLC | 385,358 | 4,535,664 | ||||||
Anglo American PLC | 335,438 | 11,116,981 | ||||||
Croda International PLC | 35,104 | 3,165,116 | ||||||
DS Smith PLC(a) | 337,809 | 1,729,782 | ||||||
Glencore PLC(a) | 2,692,046 | 8,574,145 | ||||||
Johnson Matthey PLC | 48,741 | 1,615,692 | ||||||
Mondi PLC | 119,166 | 2,800,961 | ||||||
Rio Tinto PLC | 265,752 | 19,870,843 | ||||||
|
| |||||||
53,409,184 |
1 |
Schedule of Investments (unaudited) (continued) December 31, 2020 | iShares® Global Materials ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
United States — 28.5% | ||||||||
Air Products & Chemicals Inc. | 54,391 | $ | 14,860,709 | |||||
Albemarle Corp. | 26,164 | 3,859,713 | ||||||
Avery Dennison Corp. | 20,514 | 3,181,927 | ||||||
Ball Corp.(c) | 80,496 | 7,500,617 | ||||||
Celanese Corp. | 28,764 | 3,737,594 | ||||||
CF Industries Holdings Inc. | 52,569 | 2,034,946 | ||||||
Corteva Inc. | 183,961 | 7,122,970 | ||||||
Dow Inc. | 182,532 | 10,130,526 | ||||||
DuPont de Nemours Inc. | 180,587 | 12,841,542 | ||||||
Eastman Chemical Co. | 33,336 | 3,342,934 | ||||||
Ecolab Inc. | 61,111 | 13,221,976 | ||||||
FMC Corp. | 31,931 | 3,669,830 | ||||||
Freeport-McMoRan Inc. | 357,524 | 9,302,774 | ||||||
International Flavors & Fragrances Inc. | 26,285 | 2,860,859 | ||||||
International Paper Co. | 96,733 | 4,809,565 | ||||||
LyondellBasell Industries NV, Class A | 63,191 | 5,792,087 | ||||||
Martin Marietta Materials Inc. | 15,296 | 4,343,605 | ||||||
Mosaic Co. (The) | 84,880 | 1,953,089 | ||||||
Newmont Corp. | 197,692 | 11,839,774 | ||||||
Nucor Corp. | 74,138 | 3,943,400 | ||||||
Packaging Corp. of America | 23,333 | 3,217,854 | ||||||
PPG Industries Inc. | 58,125 | 8,382,788 | ||||||
Sealed Air Corp. | 38,270 | 1,752,383 | ||||||
Sherwin-Williams Co. (The) | 20,116 | 14,783,450 | ||||||
Vulcan Materials Co. | 32,609 | 4,836,241 | ||||||
Westrock Co. | 64,634 | 2,813,518 | ||||||
|
| |||||||
166,136,671 | ||||||||
|
| |||||||
Total Common Stocks — 99.3% |
| 578,229,239 | ||||||
|
| |||||||
Preferred Stocks |
| |||||||
Brazil — 0.2% |
| |||||||
Gerdau SA, Preference Shares, ADR | 259,925 | 1,213,850 | ||||||
|
| |||||||
South Korea — 0.1% | ||||||||
LG Chem Ltd., Preference Shares, NVS | 1,875 | 658,485 | ||||||
|
| |||||||
Total Preferred Stocks — 0.3% |
| 1,872,335 | ||||||
|
| |||||||
Short-Term Investments |
| |||||||
Money Market Funds — 0.5% |
| |||||||
BlackRock Cash Funds: Institutional, | 2,149,533 | 2,150,823 | ||||||
BlackRock Cash Funds: Treasury, | 610,000 | 610,000 | ||||||
|
| |||||||
2,760,823 | ||||||||
|
| |||||||
Total Short-Term Investments — 0.5% |
| 2,760,823 | ||||||
|
| |||||||
Total Investments in Securities — 100.1% |
| 582,862,397 | ||||||
Other Assets, Less Liabilities — (0.1)% |
| (699,875 | ) | |||||
|
| |||||||
Net Assets — 100.0% |
| $ | 582,162,522 | |||||
|
|
(a) | Non-income producing security. |
(b) | 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. |
(c) | All or a portion of this security is on loan. |
(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 cash collateral received from loaned securities. |
2 |
Schedule of Investments (unaudited) (continued) December 31, 2020 | iShares® Global Materials ETF |
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:
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 | |||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, | $ | 1,089,098 | $ | 1,061,404 | (a) | $ | — | $ | 647 | $ | (326 | ) | $ | 2,150,823 | 2,149,533 | $ | 11,660 | (b) | $ | — | ||||||||||||||||
BlackRock Cash Funds: Treasury, | 227,000 | 383,000 | (a) | — | — | — | 610,000 | 610,000 | 443 | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||||
$ | 647 | $ | (326 | ) | $ | 2,760,823 | $ | 12,103 | $ | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(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. |
Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
FTSE 100 Index | 7 | 03/19/21 | $ | 614 | $ | (7,257 | ) | |||||||||
MSCI Emerging Markets E-Mini Index | 8 | 03/19/21 | 515 | 13,779 | ||||||||||||
S&P 500 E-Mini Index | 3 | 03/19/21 | 562 | 16,374 | ||||||||||||
S&P/TSX 60 Index | 1 | 03/18/21 | 162 | (809 | ) | |||||||||||
|
| |||||||||||||||
$ | 22,087 | |||||||||||||||
|
|
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.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments | ||||||||||||||||
Assets | ||||||||||||||||
Common Stocks | $ | 578,229,239 | $ | — | $ | — | $ | 578,229,239 | ||||||||
Preferred Stocks | 1,872,335 | — | — | 1,872,335 | ||||||||||||
Money Market Funds | 2,760,823 | — | — | 2,760,823 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
$ | 582,862,397 | $ | — | $ | — | $ | 582,862,397 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Derivative financial instruments(a) | ||||||||||||||||
Assets | $ | 30,153 | $ | — | $ | — | $ | 30,153 | ||||||||
Liabilities | (8,066 | ) | — | — | (8,066 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
$ | 22,087 | $ | — | $ | — | $ | 22,087 | |||||||||
|
|
|
|
|
|
|
|
(a) | Shown at the unrealized appreciation (depreciation) on the contracts. |
3
Schedule of Investments (unaudited) (continued) December 31, 2020 | iShares® Global Materials ETF |
Portfolio Abbreviations - Equity | ||
ADR | American Depositary Receipt | |
CPO | Certificates of Participation (Ordinary) | |
NVS | Non-Voting Shares |
4