NPORT-EX 2 NPORT_8694389292616631.htm iShares Edge MSCI Min Vol Japan ETF

Schedule of Investments  (unaudited) 

April 30, 2020

   

iShares® Edge MSCI Min Vol Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    

Air Freight & Logistics — 0.4%

    

SG Holdings Co. Ltd.

     2,800     $ 78,343  

Yamato Holdings Co. Ltd.

     1,200       21,187  
   

 

 

  
      99,530  
Airlines — 2.1%            

ANA Holdings Inc.(a)

    12,000       258,213  

Japan Airlines Co. Ltd.

     13,600       246,729  
   

 

 

  
      504,942  
Auto Components — 1.5%            

Bridgestone Corp.

     10,000       315,893  

Denso Corp.

     400       14,259  

Sumitomo Rubber Industries Ltd.

     2,000       19,694  
   

 

 

  
      349,846  
Automobiles — 3.5%            

Honda Motor Co. Ltd.

     6,400       156,237  

Nissan Motor Co. Ltd.

     52,400       181,208  

Subaru Corp.

     2,800       56,950  

Suzuki Motor Corp.

     2,400       77,857  

Toyota Motor Corp.

     5,600       349,087  
   

 

 

  
      821,339  
Banks — 5.4%            

Aozora Bank Ltd.

     4,400       79,536  

Japan Post Bank Co. Ltd.

     41,200       384,896  

Mitsubishi UFJ Financial Group Inc.

     30,400       123,465  

Mizuho Financial Group Inc.

     261,600       307,750  

Resona Holdings Inc.

     3,600       11,345  

Seven Bank Ltd.

     27,200       74,273  

Sumitomo Mitsui Financial Group Inc.

     9,200       244,680  

Sumitomo Mitsui Trust Holdings Inc.

     1,600       47,296  
   

 

 

  
        1,273,241  
Beverages — 2.4%            

Asahi Group Holdings Ltd.

     6,000       209,847  

Coca-Cola Bottlers Japan Holdings Inc.

     800       14,551  

Kirin Holdings Co. Ltd.

     6,000       116,622  

Suntory Beverage & Food Ltd.

     6,000       227,522  
   

 

 

  
      568,542  
Building Products — 0.4%            

Daikin Industries Ltd.

     800       104,774  
   

 

 

  
Chemicals — 0.7%            

Shin-Etsu Chemical Co. Ltd.

     400       44,943  

Teijin Ltd.

     6,000       96,788  

Toray Industries Inc.

     7,600       35,472  
   

 

 

  
      177,203  
Commercial Services & Supplies — 2.2%            

Dai Nippon Printing Co. Ltd.

     1,200       25,698  

Park24 Co. Ltd.

     3,200       51,710  

Secom Co. Ltd.

     4,500       378,945  

Sohgo Security Services Co. Ltd.

     1,200       58,016  
   

 

 

  
      514,369  
Construction & Engineering — 0.1%            

Taisei Corp.

     800       25,324  
   

 

 

  
Diversified Financial Services — 0.1%            

ORIX Corp.

     1,200       14,465  
   

 

 

  
Diversified Telecommunication Services — 1.5%  

Nippon Telegraph & Telephone Corp.

     16,000       365,530  
   

 

 

  
Security   Shares     Value  
Electric Utilities — 3.7%            

Chubu Electric Power Co. Inc.

     12,400     $   169,125  

Chugoku Electric Power Co. Inc. (The)

     30,000       405,667  

Kansai Electric Power Co. Inc. (The)

     2,800       28,933  

Kyushu Electric Power Co. Inc.

     19,200       153,155  

Tohoku Electric Power Co. Inc.

     10,400       98,520  

Tokyo Electric Power Co. Holdings Inc.(a)

    6,000       20,367  
   

 

 

  
      875,767  
Electronic Equipment, Instruments & Components — 1.0%  

Hamamatsu Photonics KK

     100       4,423  

Hirose Electric Co. Ltd.

     320       35,521  

Keyence Corp.

     300       108,767  

Kyocera Corp.

     1,600       86,467  
   

 

 

  
      235,178  
Entertainment — 1.2%            

Konami Holdings Corp.

     1,600       50,947  

Nintendo Co. Ltd.

     200       83,509  

Toho Co. Ltd.

     4,400       145,658  
   

 

 

  
      280,114  
Equity Real Estate Investment Trusts (REITs) — 7.6%  

Daiwa House REIT Investment Corp.

     64       155,908  

Japan Prime Realty Investment Corp.

     52       145,397  

Japan Real Estate Investment Corp.

     64       349,521  

Japan Retail Fund Investment Corp.

     116       128,437  

Nippon Building Fund Inc.

     52       312,676  

Nippon Prologis REIT Inc.

     84       232,201  

Nomura Real Estate Master Fund Inc.

     140       161,818  

Orix JREIT Inc.

     136       164,952  

United Urban Investment Corp.

     156       158,720  
   

 

 

  
      1,809,630  
Food & Staples Retailing — 3.0%            

Aeon Co. Ltd.

     1,200       24,368  

FamilyMart Co. Ltd.

     1,600       27,426  

Lawson Inc.

     5,600       291,691  

Seven & i Holdings Co. Ltd.

     8,800       292,387  

Sundrug Co. Ltd.

     400       13,821  

Tsuruha Holdings Inc.

     400       53,790  
   

 

 

  
      703,483  
Food Products — 4.6%            

Ajinomoto Co. Inc.

     10,400       186,341  

Calbee Inc.

     2,800       85,491  

MEIJI Holdings Co. Ltd.

     2,500       174,639  

NH Foods Ltd.

     3,200       115,360  

Nisshin Seifun Group Inc.

     2,400       37,750  

Nissin Foods Holdings Co. Ltd.

     1,600       132,267  

Toyo Suisan Kaisha Ltd.

     6,000       289,522  

Yamazaki Baking Co. Ltd.

     4,400       78,137  
   

 

 

  
      1,099,507  
Gas Utilities — 2.4%            

Osaka Gas Co. Ltd.

     11,600       216,846  

Toho Gas Co. Ltd.

     2,000       98,378  

Tokyo Gas Co. Ltd.

     12,000       264,609  
   

 

 

  
      579,833  
Health Care Equipment & Supplies — 1.3%            

Hoya Corp.

     1,600       147,619  

Olympus Corp.

     5,200       83,907  

Terumo Corp.

     2,000       66,807  
   

 

 

  
      298,333  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

April 30, 2020

   

iShares® Edge MSCI Min Vol Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Health Care Providers & Services — 0.5%            

Medipal Holdings Corp.

     2,400     $ 46,997  

Suzuken Co. Ltd.

     2,000       77,804  
   

 

 

  
        124,801  
Hotels, Restaurants & Leisure — 3.3%            

McDonald’s Holdings Co. Japan Ltd.

     8,000       395,006  

Oriental Land Co. Ltd.

     3,100       396,578  
   

 

 

  
      791,584  
Household Durables — 2.5%            

Casio Computer Co. Ltd.

     4,800       76,757  

Nikon Corp.

     800       7,533  

Rinnai Corp.

     1,200       91,682  

Sekisui House Ltd.

     16,400       285,027  

Sony Corp.

     2,000       129,649  
   

 

 

  
      590,648  
Household Products — 1.2%            

Lion Corp.

     4,000       84,201  

Unicharm Corp.

     5,600       206,854  
   

 

 

  
      291,055  
Industrial Conglomerates — 1.3%            

Keihan Holdings Co. Ltd.

     4,800       217,478  

Toshiba Corp.

     3,200       80,408  
   

 

 

  
      297,886  
Insurance — 4.5%            

Japan Post Holdings Co. Ltd.

     44,000       355,835  

Japan Post Insurance Co. Ltd.

     4,000       51,695  

MS&AD Insurance Group Holdings Inc.

     8,400       245,241  

Sompo Holdings Inc.

     2,000       65,460  

Sony Financial Holdings Inc.

     2,800       54,096  

Tokio Marine Holdings Inc.

     6,000       285,370  
   

 

 

  
      1,057,697  
Interactive Media & Services — 0.5%            

Kakaku.com Inc.

     400       8,229  

Z Holdings Corp.

     25,200       98,741  
   

 

 

  
      106,970  
Internet & Direct Marketing Retail — 0.1%            

Rakuten Inc.

     4,000       34,264  
   

 

 

  
IT Services — 2.4%            

Fujitsu Ltd.

     1,600       157,628  

Itochu Techno-Solutions Corp.

     1,200       37,032  

NEC Corp.

     6,300       245,378  

Nomura Research Institute Ltd.

     400       9,853  

NTT Data Corp.

     8,000       82,667  

Obic Co. Ltd.

     300       45,504  
   

 

 

  
      578,062  
Leisure Products — 2.1%            

Bandai Namco Holdings Inc.

     2,400       121,891  

Sankyo Co. Ltd.

     6,800       188,862  

Sega Sammy Holdings Inc.

     2,400       29,423  

Shimano Inc.

     900       133,315  

Yamaha Corp.

     400       16,384  
   

 

 

  
      489,875  
Machinery — 0.9%            

FANUC Corp.

     400       66,695  

Hoshizaki Corp.

     400       30,823  

Mitsubishi Heavy Industries Ltd.

     4,800       124,045  
   

 

 

  
      221,563  
Security   Shares     Value  
Media — 0.2%            

Dentsu Group Inc.

     2,000     $ 42,605  
   

 

 

  
Multiline Retail — 0.5%            

Pan Pacific International Holdings Corp.

     6,400       124,606  

Ryohin Keikaku Co. Ltd.

     400       4,833  
   

 

 

  
      129,439  
Personal Products — 1.1%            

Kao Corp.

     3,200       248,854  

Shiseido Co. Ltd.

     300       17,893  
   

 

 

  
      266,747  
Pharmaceuticals — 4.2%            

Astellas Pharma Inc.

     12,000       200,477  

Chugai Pharmaceutical Co. Ltd.

     2,300       275,522  

Daiichi Sankyo Co. Ltd.

     800       55,226  

Kyowa Kirin Co. Ltd.

     2,000       47,094  

Ono Pharmaceutical Co. Ltd.

     1,200       29,076  

Otsuka Holdings Co. Ltd.

     800       31,832  

Santen Pharmaceutical Co. Ltd.

     800       14,244  

Shionogi & Co. Ltd.

     3,600       199,602  

Takeda Pharmaceutical Co. Ltd.

     4,000       145,247  
   

 

 

  
      998,320  
Road & Rail — 10.4%            

Central Japan Railway Co.

     1,500       238,533  

East Japan Railway Co.

     4,200       309,221  

Hankyu Hanshin Holdings Inc.

     2,400       83,041  

Keio Corp.

     2,000       114,088  

Keisei Electric Railway Co. Ltd.

     2,400       73,166  

Kintetsu Group Holdings Co. Ltd.

     6,800       328,124  

Kyushu Railway Co.

     8,400       228,038  

Nagoya Railroad Co. Ltd.

     11,600       335,737  

Odakyu Electric Railway Co. Ltd.

     5,200       115,393  

Seibu Holdings Inc.

     4,800       58,129  

Tobu Railway Co. Ltd.

     5,600       191,930  

Tokyu Corp.

     5,600       85,046  

West Japan Railway Co.

     4,800       299,262  
   

 

 

  
      2,459,708  
Semiconductors & Semiconductor Equipment — 0.2%  

Tokyo Electron Ltd.

     200       42,905  
   

 

 

  
Software — 0.4%            

Oracle Corp. Japan

     800       83,191  

Trend Micro Inc.

     400       20,461  
   

 

 

  
      103,652  
Specialty Retail — 5.0%            

ABC-Mart Inc.

     4,400       226,717  

Fast Retailing Co. Ltd.

     300       144,480  

Hikari Tsushin Inc.

     600       117,773  

Nitori Holdings Co. Ltd.

     1,500       231,730  

Shimamura Co. Ltd.

     1,600       101,744  

USS Co. Ltd.

     400       6,396  

Yamada Denki Co. Ltd.

     74,400       356,224  
   

 

 

  
      1,185,064  
Technology Hardware, Storage & Peripherals — 2.7%  

Canon Inc.

     14,800       316,179  

FUJIFILM Holdings Corp.

     5,200       249,898  

Ricoh Co. Ltd.

     6,800       47,057  

Seiko Epson Corp.

     2,000       22,948  
   

 

 

  
      636,082  
 

 

 

2   

Schedule of Investments  (unaudited) (continued)

April 30, 2020

   

iShares® Edge MSCI Min Vol Japan ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Tobacco — 1.4%            

Japan Tobacco Inc.

     18,000     $   339,094  
   

 

 

  
Trading Companies & Distributors — 2.8%            

ITOCHU Corp.

     10,800       214,616  

Mitsubishi Corp.

     9,600       206,481  

Mitsui & Co. Ltd.

     8,800       124,592  

Sumitomo Corp.

     10,400       119,478  
   

 

 

  
      665,167  
Transportation Infrastructure — 0.3%            

Kamigumi Co. Ltd.

     3,600       64,065  
   

 

 

  
Wireless Telecommunication Services — 5.0%            

KDDI Corp.

     14,000       407,033  

NTT DOCOMO Inc.

     14,800       435,689  
Security   Shares     Value  
Wireless Telecommunication Services (continued)  

Softbank Corp.

     23,600     $ 323,097  

SoftBank Group Corp.

     400       17,330  
   

 

 

  
      1,183,149  
   

 

 

  

Total Common Stocks — 98.6%
(Cost: $26,400,134)

       23,401,352  
   

 

 

  

Total Investments in Securities — 98.6%
(Cost: $26,400,134)

 

     23,401,352  

Other Assets, Less Liabilities — 1.4%

       322,916  
   

 

 

  

Net Assets — 100.0%

     $   23,724,268  
   

 

 

  

 

(a)

Non-income producing security.

 

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the nine months ended April 30, 2020, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer     

 Shares
Held at
07/31/19		  
 
 		      Net Activity       

 Shares
Held at
04/30/20		  
 
 		     
 Value at
04/30/20		  
 		      Income       
 Net Realized
Gain (Loss)		  
(a) 		     


 Change in
Unrealized
Appreciation

(Depreciation)

 
 
 

 

BlackRock Cash Funds: Institutional,
SL Agency Shares

      —        —        —      $ —      $ 17 (b)      $ 20      $ —  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      18,000        (18,000 )       —        —        204        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ —      $ 221      $ 20      $ —  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Includes realized capital gain distributions from an affiliated fund, if any.

 
  (b) 

Includes securities lending income earned from the reinvestment of cash collateral from loaned securities (excluding collateral investment fees), net of fees and other payments to and from borrowers of securities, and less fees paid to BTC as securities lending agent.

 

Futures Contracts

 

Description    Number of
Contracts 		     Expiration
Date 		     Notional
Amount
(000) 		     Value/
Unrealized
Appreciation
(Depreciation)		  

Long Contracts

            

TOPIX Index

      24        06/11/20      $ 326      $ 10,371  
           

 

 

  

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 April 30, 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

    $ 23,401,352      $ —      $ —      $ 23,401,352  
  

 

 

     

 

 

     

 

 

     

 

 

  

Derivative financial instruments(a)

           

Assets

            

Futures Contracts

    $ 10,371      $ —      $ —      $ 10,371  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Shown at the unrealized appreciation (depreciation) on the contracts.

 

 

 

     3