NPORT-EX 2 NPORT_0BG7_61701400_0425.htm EDGAR HTML
Schedule of Investments (unaudited)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
 
Security
Shares
Value
Common Stocks
Australia — 4.3%
ANZ Group Holdings Ltd.
638,400
$12,207,648
APA Group
289,661
1,524,189
Aristocrat Leisure Ltd.
120,805
5,159,467
ASX Ltd.
41,688
1,887,713
BHP Group Ltd.
1,086,277
25,889,948
BlueScope Steel Ltd.
99,746
1,527,756
Brambles Ltd.
291,171
3,826,469
CAR Group Ltd.
85,201
1,818,556
Cochlear Ltd.
14,149
2,477,923
Coles Group Ltd.
290,054
3,938,877
Commonwealth Bank of Australia
360,383
38,412,896
Computershare Ltd.
113,914
2,976,733
CSL Ltd.
104,511
16,775,367
Fortescue Ltd.
355,304
3,669,468
Goodman Group
434,233
8,312,885
GPT Group (The)
506,538
1,501,557
Insurance Australia Group Ltd.
513,881
2,699,144
James Hardie Industries PLC(a)(b)
92,499
2,171,154
Lottery Corp. Ltd. (The)
449,241
1,497,108
Macquarie Group Ltd.
77,760
9,609,194
Medibank Pvt Ltd.
593,865
1,766,585
National Australia Bank Ltd.
656,893
15,168,122
Northern Star Resources Ltd.
291,667
3,582,743
Origin Energy Ltd.
361,482
2,463,863
Pro Medicus Ltd.
12,319
1,806,339
Qantas Airways Ltd.
170,120
961,845
QBE Insurance Group Ltd.
324,185
4,480,211
REA Group Ltd.
11,355
1,804,079
Reece Ltd.
48,324
487,313
Rio Tinto Ltd.
80,414
6,016,352
Santos Ltd.
697,467
2,681,316
Scentre Group
1,228,709
2,846,604
SGH Ltd.
42,550
1,391,583
Sonic Healthcare Ltd.
95,417
1,593,174
South32 Ltd.
984,926
1,697,318
Stockland
577,206
2,028,438
Suncorp Group Ltd.
239,128
3,109,641
Telstra Group Ltd.
832,924
2,403,899
Transurban Group
694,771
6,260,841
Treasury Wine Estates Ltd.
173,819
993,547
Vicinity Ltd.
895,788
1,354,747
Washington H Soul Pattinson & Co. Ltd.
51,967
1,236,948
Wesfarmers Ltd.
243,026
12,174,691
Westpac Banking Corp.
737,783
15,482,495
WiseTech Global Ltd.
38,313
2,178,589
Woodside Energy Group Ltd.
398,242
5,191,137
Woolworths Group Ltd.
257,911
5,205,323
Xero Ltd.(a)
31,185
3,284,188
 
257,535,983
Austria — 0.1%
Erste Group Bank AG
68,081
4,610,555
OMV AG
31,053
1,605,552
Verbund AG
14,628
1,124,176
 
7,340,283
Belgium — 0.6%
Ageas SA
32,049
2,009,993
Anheuser-Busch InBev SA
194,289
12,805,384
Argenx SE(a)
13,007
8,408,365
D'ieteren Group
4,631
924,815
Groupe Bruxelles Lambert NV
23,203
1,914,111
Security
Shares
Value
Belgium (continued)
KBC Group NV
48,984
$4,516,754
Lotus Bakeries NV
81
778,821
Sofina SA
3,564
995,754
Syensqo SA
15,654
1,119,774
UCB SA
27,064
4,961,890
 
38,435,661
Brazil — 1.0%
Ambev SA
960,731
2,466,516
B3 SA - Brasil Bolsa Balcao
1,237,455
2,941,467
Banco Bradesco SA
318,620
686,629
Banco BTG Pactual SA
257,669
1,730,309
Banco do Brasil SA
345,880
1,763,180
BB Seguridade Participacoes SA
146,451
1,103,708
BRF SA
129,359
517,422
Caixa Seguridade Participacoes S/A
111,203
320,570
CCR SA
213,945
507,046
Centrais Eletricas Brasileiras SA
233,889
1,811,304
Cia de Saneamento Basico do Estado de Sao
Paulo SABESP
99,305
1,992,872
CPFL Energia SA
52,871
355,787
Embraer SA(a)
149,959
1,715,433
Energisa SA
63,591
514,765
Engie Brasil Energia SA
28,684
210,108
Equatorial Energia SA
278,786
1,808,254
Itausa SA, NVS(a)
15,298
28,789
JBS SA
169,045
1,313,006
Klabin SA
174,808
570,768
Localiza Rent a Car SA
191,953
1,453,054
Natura & Co. Holding SA
202,477
339,296
NU Holdings Ltd./Cayman Islands, Class A(a)
690,214
8,579,360
Petroleo Brasileiro SA
783,686
4,425,810
PRIO SA(a)
172,970
1,027,430
Raia Drogasil SA
295,320
1,032,422
Rede D'Or Sao Luiz SA(c)
175,989
992,955
Rumo SA
274,933
939,834
Suzano SA
149,217
1,316,756
Telefonica Brasil SA
175,570
859,729
TIM SA/Brazil
213,552
713,075
TOTVS SA
122,042
809,004
Ultrapar Participacoes SA
160,839
505,319
Vale SA
781,029
7,274,732
Vibra Energia SA
212,749
704,771
WEG SA
354,943
2,791,936
XP Inc., Class A
79,510
1,280,111
 
57,403,527
Canada — 7.9%
Agnico Eagle Mines Ltd.
108,216
12,718,873
Air Canada(a)(b)
39,264
397,881
Alimentation Couche-Tard Inc.
163,900
8,555,233
AltaGas Ltd.
66,563
1,969,948
ARC Resources Ltd.
130,554
2,415,808
Bank of Montreal
157,059
15,048,544
Bank of Nova Scotia (The)
266,765
13,347,925
Barrick Gold Corp.
370,734
7,069,924
BCE Inc.
12,098
268,883
Brookfield Asset Management Ltd., Class A
75,492
4,028,138
Brookfield Corp., Class A
294,427
15,816,962
Brookfield Renewable Corp.
27,680
788,878
CAE Inc.(a)
66,114
1,654,049
Cameco Corp.
93,730
4,230,972
Canadian Imperial Bank of Commerce
202,802
12,790,972
 
1
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Canada (continued)
Canadian National Railway Co.
115,076
$11,144,492
Canadian Natural Resources Ltd.
455,570
13,072,936
Canadian Pacific Kansas City Ltd.
200,962
14,596,203
Canadian Tire Corp. Ltd., Class A, NVS
11,812
1,292,757
Canadian Utilities Ltd., Class A, NVS
36,427
1,019,671
CCL Industries Inc., Class B, NVS
30,767
1,607,758
Celestica Inc., NVS(a)
25,541
2,179,303
Cenovus Energy Inc.
296,149
3,486,507
CGI Inc.
43,033
4,563,009
Constellation Software Inc./Canada
4,309
15,529,247
Descartes Systems Group Inc. (The)(a)
18,465
1,944,544
Dollarama Inc.
59,118
7,294,336
Element Fleet Management Corp.
88,689
1,942,203
Emera Inc.
63,725
2,868,226
Empire Co. Ltd., NVS
29,991
1,113,840
Enbridge Inc.
467,015
21,839,879
Fairfax Financial Holdings Ltd.
4,314
6,735,110
First Quantum Minerals Ltd.(a)
157,831
2,119,144
FirstService Corp.
8,810
1,546,255
Fortis Inc./Canada
110,741
5,484,033
Franco-Nevada Corp.
41,588
7,146,825
George Weston Ltd.
12,734
2,481,033
GFL Environmental Inc.
49,441
2,467,029
Gildan Activewear Inc.
28,197
1,299,402
Great-West Lifeco Inc.
60,898
2,368,157
Hydro One Ltd.(c)
71,576
2,753,802
iA Financial Corp. Inc.
20,306
1,972,566
IGM Financial Inc.
15,679
498,257
Imperial Oil Ltd.
38,361
2,587,545
Intact Financial Corp.
38,611
8,575,025
Ivanhoe Mines Ltd., Class A(a)(b)
154,177
1,368,872
Keyera Corp.
51,421
1,596,043
Kinross Gold Corp.
259,064
3,824,135
Loblaw Companies Ltd.
32,405
5,260,582
Lundin Mining Corp.
148,340
1,213,750
Magna International Inc.
58,779
2,042,299
Manulife Financial Corp.
370,823
11,364,625
Metro Inc./CN
45,924
3,539,073
National Bank of Canada
84,835
7,450,908
Nutrien Ltd.
106,987
6,107,556
Onex Corp.
13,734
972,418
Open Text Corp.
57,257
1,550,001
Pan American Silver Corp.
77,545
1,952,406
Pembina Pipeline Corp.
123,603
4,724,995
Power Corp. of Canada
120,484
4,560,319
Quebecor Inc., Class B
30,371
833,187
RB Global Inc.
39,719
4,002,728
Restaurant Brands International Inc.
64,481
4,154,829
Rogers Communications Inc., Class B, NVS
78,643
2,050,217
Royal Bank of Canada
303,163
36,387,920
Saputo Inc.
54,422
1,061,912
Shopify Inc., Class A(a)
259,996
24,728,475
Stantec Inc.
24,313
2,133,957
Sun Life Financial Inc.
122,525
7,301,196
Suncor Energy Inc.
268,152
9,470,710
TC Energy Corp.
223,936
11,313,755
Teck Resources Ltd., Class B
101,872
3,461,993
TELUS Corp.
100,021
1,539,566
TFI International Inc.
17,927
1,457,333
Thomson Reuters Corp.
33,789
6,287,460
TMX Group Ltd.
58,082
2,353,867
Toromont Industries Ltd.
16,675
1,410,831
Security
Shares
Value
Canada (continued)
Toronto-Dominion Bank (The)
375,560
$23,997,592
Tourmaline Oil Corp.
80,134
3,539,939
West Fraser Timber Co. Ltd.
11,688
865,366
Wheaton Precious Metals Corp.
98,214
8,200,648
WSP Global Inc.
28,013
4,965,368
 
473,678,915
Chile — 0.1%
Banco de Chile
8,320,127
1,221,364
Banco de Credito e Inversiones SA
20,285
803,354
Banco Santander Chile
13,999,713
846,438
Cencosud SA
309,376
1,058,600
Empresas CMPC SA
247,790
388,607
Empresas Copec SA
89,114
611,730
Enel Americas SA
4,557,575
447,532
Enel Chile SA
7,665,693
542,409
Falabella SA
176,990
803,669
Latam Airlines Group SA
34,670,502
547,396
 
7,271,099
China — 8.3%
AAC Technologies Holdings Inc.
146,500
701,290
Advanced Micro-Fabrication Equipment Inc./China,
Class A
14,859
385,374
AECC Aviation Power Co. Ltd., Class A
29,400
132,852
Agricultural Bank of China Ltd., Class A
1,398,500
1,042,928
Agricultural Bank of China Ltd., Class H
5,863,000
3,577,700
Aier Eye Hospital Group Co. Ltd., Class A
173,942
310,901
Akeso Inc.(a)(c)
131,000
1,452,597
Alibaba Group Holding Ltd.
3,521,264
52,572,565
Alibaba Health Information Technology Ltd.(a)(b)
1,110,000
718,079
Aluminum Corp. of China Ltd., Class H
1,056,000
566,792
Anhui Conch Cement Co. Ltd., Class A
88,498
293,000
Anhui Conch Cement Co. Ltd., Class H
265,000
746,521
Anhui Gujing Distillery Co. Ltd., Class A
14,700
332,492
Anhui Gujing Distillery Co. Ltd., Class B
19,800
302,999
ANTA Sports Products Ltd.
277,200
3,275,344
Autohome Inc., ADR
13,432
366,425
AviChina Industry & Technology Co. Ltd., Class H
565,000
260,002
Baidu Inc., Class A(a)
501,688
5,532,120
Bank of Beijing Co. Ltd., Class A
355,698
293,664
Bank of China Ltd., Class A
935,100
711,091
Bank of China Ltd., Class H
15,537,000
8,675,448
Bank of Communications Co. Ltd., Class A
535,900
550,927
Bank of Communications Co. Ltd., Class H
1,803,800
1,577,349
Bank of Jiangsu Co. Ltd., Class A
455,600
637,239
Bank of Ningbo Co. Ltd., Class A
89,377
294,112
Bank of Shanghai Co. Ltd., Class A
347,799
496,938
Baoshan Iron & Steel Co. Ltd., Class A
512,496
481,689
Beijing Enterprises Holdings Ltd.
90,000
365,182
Beijing Enterprises Water Group Ltd.
810,000
255,839
Beijing Kingsoft Office Software Inc., Class A
7,000
284,119
Beijing-Shanghai High Speed Railway Co. Ltd.,
Class A
907,700
724,716
Bilibili Inc., Class Z(a)
50,674
889,534
BOC Aviation Ltd.(c)
53,900
403,947
BOE Technology Group Co. Ltd., Class A
1,155,100
610,381
Bosideng International Holdings Ltd.
1,026,000
530,904
BYD Co. Ltd., Class A
27,700
1,346,978
BYD Co. Ltd., Class H
264,000
12,538,999
BYD Electronic International Co. Ltd.
161,000
668,218
C&D International Investment Group Ltd.
180,000
376,456
Cambricon Technologies Corp. Ltd., Class A(a)
5,800
562,555
2 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
China (continued)
CGN Power Co. Ltd., Class A
640,800
$310,459
CGN Power Co. Ltd., Class H(c)
1,864,000
593,335
Changchun High-Tech Industry Group Co. Ltd.,
Class A
14,300
173,014
China CITIC Bank Corp. Ltd., Class H
1,884,000
1,490,105
China Coal Energy Co. Ltd., Class H
390,000
402,951
China Communications Services Corp. Ltd.,
Class H
534,000
278,107
China Construction Bank Corp., Class H
21,743,050
17,860,347
China CSSC Holdings Ltd., Class A
97,600
393,271
China Energy Engineering Corp. Ltd., Class A
802,900
242,908
China Everbright Bank Co. Ltd., Class A
1,113,700
579,308
China Everbright Bank Co. Ltd., Class H
566,000
245,769
China Feihe Ltd.(c)
690,000
521,430
China Galaxy Securities Co. Ltd., Class H
752,500
683,594
China Gas Holdings Ltd.
666,400
602,514
China Hongqiao Group Ltd.
678,000
1,217,020
China International Capital Corp. Ltd., Class H(c)
359,600
618,579
China Life Insurance Co. Ltd., Class A
43,000
214,619
China Life Insurance Co. Ltd., Class H
1,600,000
2,924,153
China Literature Ltd.(a)(c)
71,800
249,323
China Longyuan Power Group Corp. Ltd., Class H
703,000
555,355
China Mengniu Dairy Co. Ltd.
671,000
1,671,227
China Merchants Bank Co. Ltd., Class A
341,300
1,913,950
China Merchants Bank Co. Ltd., Class H
818,093
4,462,404
China Merchants Port Holdings Co. Ltd.
240,000
389,636
China Merchants Securities Co. Ltd., Class A
230,160
520,192
China Merchants Shekou Industrial Zone Holdings
Co. Ltd., Class A
123,777
155,838
China Minsheng Banking Corp. Ltd., Class A
1,137,395
623,314
China Minsheng Banking Corp. Ltd., Class H
1,469,740
689,689
China National Building Material Co. Ltd., Class H
712,000
345,246
China National Nuclear Power Co. Ltd., Class A
405,700
515,359
China Northern Rare Earth Group High-Tech Co.
Ltd., Class A
127,300
407,955
China Oilfield Services Ltd., Class H
356,000
278,396
China Overseas Land & Investment Ltd.
747,000
1,325,289
China Pacific Insurance Group Co. Ltd., Class A
160,397
658,710
China Pacific Insurance Group Co. Ltd., Class H
570,400
1,551,924
China Petroleum & Chemical Corp., Class A
685,898
534,200
China Petroleum & Chemical Corp., Class H
4,915,000
2,508,966
China Power International Development Ltd.
1,170,000
459,562
China Railway Group Ltd., Class A
512,496
389,189
China Railway Group Ltd., Class H
562,000
241,809
China Renewable Energy Investment Ltd.(a)(d)
7,401
—
China Resources Beer Holdings Co. Ltd.
335,500
1,179,351
China Resources Gas Group Ltd.
218,600
610,637
China Resources Land Ltd.
671,000
2,257,651
China Resources Mixc Lifestyle Services Ltd.(c)
118,800
569,133
China Resources Pharmaceutical Group Ltd.(c)
341,500
215,560
China Resources Power Holdings Co. Ltd.
444,000
1,071,113
China Ruyi Holdings Ltd.(a)(b)
1,284,000
337,738
China Shenhua Energy Co. Ltd., Class A
117,800
620,846
China Shenhua Energy Co. Ltd., Class H
654,500
2,459,707
China State Construction Engineering Corp. Ltd.,
Class A
717,898
544,262
China State Construction International Holdings Ltd.
356,000
524,753
China Taiping Insurance Holdings Co. Ltd.
294,400
407,675
China Three Gorges Renewables Group Co. Ltd.,
Class A
1,212,500
710,664
China Tourism Group Duty Free Corp. Ltd., Class A
39,298
342,741
China Tower Corp. Ltd., Class H(c)
948,000
1,373,156
Security
Shares
Value
China (continued)
China United Network Communications Ltd.,
Class A
587,800
$430,309
China Vanke Co. Ltd., Class A(a)
203,800
191,009
China Vanke Co. Ltd., Class H(a)(b)
388,500
266,327
China Yangtze Power Co. Ltd., Class A
378,649
1,536,291
Chongqing Changan Automobile Co. Ltd., Class A
111,900
188,830
Chongqing Zhifei Biological Products Co. Ltd.,
Class A
33,500
87,077
Chow Tai Fook Jewellery Group Ltd.
469,200
627,232
CITIC Ltd.
1,183,000
1,438,140
CITIC Securities Co. Ltd., Class A
221,900
764,171
CITIC Securities Co. Ltd., Class H
309,325
764,506
CMOC Group Ltd., Class A
535,900
521,826
CMOC Group Ltd., Class H
777,000
610,003
Contemporary Amperex Technology Co. Ltd.,
Class A
59,660
1,905,931
Cosco Shipping Energy Transportation Co. Ltd.,
Class H
270,000
214,451
Cosco Shipping Holdings Co. Ltd., Class A
271,630
536,382
Cosco Shipping Holdings Co. Ltd., Class H
538,749
812,991
CRRC Corp. Ltd., Class A
687,400
663,484
CRRC Corp. Ltd., Class H
580,000
357,947
CSC Financial Co. Ltd., Class A
148,900
476,005
CSPC Pharmaceutical Group Ltd.
1,660,960
1,308,237
Daqin Railway Co. Ltd., Class A
357,100
318,438
East Money Information Co. Ltd., Class A
246,642
698,991
ENN Energy Holdings Ltd.
159,200
1,256,785
Eve Energy Co. Ltd., Class A
35,600
201,316
Far East Horizon Ltd.
274,000
212,329
Focus Media Information Technology Co. Ltd.,
Class A
348,350
345,489
Foshan Haitian Flavouring & Food Co. Ltd., Class A
125,496
723,971
Fosun International Ltd.
452,500
234,574
Foxconn Industrial Internet Co. Ltd., Class A
174,200
438,738
Fuyao Glass Industry Group Co. Ltd., Class H(c)
146,400
1,035,343
Ganfeng Lithium Group Co. Ltd., Class A
76,800
316,014
GCL Technology Holdings Ltd.(a)(b)
4,659,000
473,518
Geely Automobile Holdings Ltd.
1,234,000
2,590,538
Genscript Biotech Corp.(a)
220,000
309,001
Giant Biogene Holding Co. Ltd.(c)
70,600
729,426
GoerTek Inc., Class A
72,800
212,753
Great Wall Motor Co. Ltd., Class H
563,500
805,236
Guangdong Investment Ltd.
612,000
495,241
Guotai Junan Securities Co. Ltd.
397,157
943,037
Guotai Junan Securities Co. Ltd., Class H(c)
454,384
647,601
H World Group Ltd., ADR
46,470
1,591,133
Haidilao International Holding Ltd.(c)
295,000
664,209
Haier Smart Home Co. Ltd., Class A
163,000
556,678
Haier Smart Home Co. Ltd., Class A
468,800
1,360,471
Haitian International Holdings Ltd.
123,000
284,924
Hangzhou Tigermed Consulting Co. Ltd., Class A
18,100
111,293
Hansoh Pharmaceutical Group Co. Ltd.(c)
234,000
725,159
Henan Shuanghui Investment & Development Co.
Ltd., Class A
89,500
307,559
Hengan International Group Co. Ltd.
111,500
300,611
Hengli Petrochemical Co. Ltd., Class A
278,000
584,651
Hisense Home Appliances Group Co. Ltd., Class H
72,466
219,761
Hithink RoyalFlush Information Network Co. Ltd.,
Class A
8,700
308,412
Hua Hong Semiconductor Ltd.(b)(c)
137,000
626,478
Huaneng Power International Inc., Class H
892,000
552,551
Huatai Securities Co. Ltd., Class A
286,300
632,830
 
3
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
China (continued)
Huatai Securities Co. Ltd., Class H(c)
170,800
$253,126
Huaxia Bank Co. Ltd., Class A
361,100
361,410
Hygon Information Technology Co. Ltd.,
Class A, NVS
36,215
741,763
Iflytek Co. Ltd., Class A
43,700
283,352
Industrial & Commercial Bank of China Ltd.,
Class A
946,540
912,640
Industrial & Commercial Bank of China Ltd.,
Class H
15,464,285
10,593,211
Industrial Bank Co. Ltd., Class A
312,542
898,084
Inner Mongolia Yili Industrial Group Co. Ltd.,
Class A
137,199
561,702
Inner Mongolia Yitai Coal Co. Ltd., Class B
236,300
469,950
Innovent Biologics Inc.(a)(c)
253,000
1,752,257
J&T Global Express Ltd.(a)(b)
500,600
388,907
JA Solar Technology Co. Ltd., Class A
179,324
235,670
JD Health International Inc.(a)(c)
237,450
1,126,747
JD Logistics Inc.(a)(c)
409,400
642,108
JD.com Inc., Class A
545,808
8,886,532
Jiangsu Expressway Co. Ltd., Class H
218,000
271,275
Jiangsu Hengli Hydraulic Co. Ltd., Class A
38,600
397,145
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A
123,156
864,738
Jiangsu Yanghe Distillery Co. Ltd., Class A
35,400
334,120
Jiangxi Copper Co. Ltd., Class H
325,000
546,096
Kanzhun Ltd., ADR(a)
57,331
877,164
KE Holdings Inc., ADR
154,562
3,137,609
Kingdee International Software Group Co. Ltd.(a)(b)
619,000
1,052,785
Kingsoft Corp. Ltd.
213,800
1,065,238
Kuaishou Technology(a)(c)
577,900
3,814,308
Kunlun Energy Co. Ltd.
702,000
669,129
Kweichow Moutai Co. Ltd., Class A
16,200
3,448,495
Legend Biotech Corp., ADR(a)(b)
15,434
539,418
Lenovo Group Ltd.
1,658,000
1,917,603
Lens Technology Co. Ltd., Class A
109,925
315,941
Li Auto Inc., Class A(a)
271,706
3,310,648
Li Ning Co. Ltd.
447,000
842,746
Longfor Group Holdings Ltd.(b)(c)
387,000
517,640
LONGi Green Energy Technology Co. Ltd., Class A
245,496
496,649
Luxshare Precision Industry Co. Ltd., Class A
129,188
549,431
Luzhou Laojiao Co. Ltd., Class A
24,900
423,948
Mango Excellent Media Co. Ltd., Class A
61,400
192,138
Meituan, Class B(a)(c)
1,092,160
18,083,371
Midea Group Co. Ltd., Class A
48,500
491,306
Midea Group Co. Ltd., Class H(a)
62,200
587,106
MINISO Group Holding Ltd.(b)
95,232
428,157
MMG Ltd.(a)(b)
924,000
279,683
Muyuan Foods Co. Ltd., Class A
107,658
587,647
NARI Technology Co. Ltd., Class A
183,044
558,015
NAURA Technology Group Co. Ltd., Class A
12,200
758,038
NetEase Inc.
415,085
8,922,813
New China Life Insurance Co. Ltd., Class A
68,100
451,128
New China Life Insurance Co. Ltd., Class H
193,300
705,914
New Hope Liuhe Co. Ltd., Class A(a)
279,107
368,490
New Oriental Education & Technology Group Inc.
312,210
1,529,575
Ningbo Deye Technology Co. Ltd., Class A, NVS
17,938
213,102
Ningbo Tuopu Group Co. Ltd., Class A
32,700
236,251
Ningxia Baofeng Energy Group Co. Ltd., Class A
283,600
625,198
NIO Inc., Class A(a)(b)
311,248
1,246,686
Nongfu Spring Co. Ltd., Class H(c)
447,000
2,054,944
Orient Overseas International Ltd.
24,000
335,243
PDD Holdings Inc., ADR(a)
148,671
15,695,197
Security
Shares
Value
China (continued)
People's Insurance Co. Group of China Ltd. (The),
Class H
1,930,000
$1,142,205
PetroChina Co. Ltd., Class A
207,100
227,732
PetroChina Co. Ltd., Class H
4,666,000
3,565,468
PICC Property & Casualty Co. Ltd., Class H
1,390,285
2,560,125
Ping An Bank Co. Ltd., Class A
409,300
614,821
Ping An Insurance Group Co. of China Ltd., Class A
184,606
1,288,850
Ping An Insurance Group Co. of China Ltd., Class H
1,419,000
8,492,760
Poly Developments and Holdings Group Co. Ltd.,
Class A
175,300
201,740
Pop Mart International Group Ltd.(c)
121,200
3,022,879
Postal Savings Bank of China Co. Ltd., Class A
507,000
357,078
Postal Savings Bank of China Co. Ltd., Class H(c)
1,907,000
1,172,389
Qifu Technology Inc.
31,007
1,272,217
Rongsheng Petrochemical Co. Ltd., Class A
187,150
214,418
SAIC Motor Corp. Ltd., Class A
259,500
580,607
Sany Heavy Industry Co. Ltd., Class A
161,027
419,163
Seres Group Co. Ltd., Class A, NVS
21,700
389,719
SF Holding Co. Ltd., Class A
84,900
508,232
Shaanxi Coal Industry Co. Ltd., Class A
158,100
417,097
Shandong Gold Mining Co. Ltd., Class A
162,300
678,839
Shandong Weigao Group Medical Polymer Co. Ltd.,
Class H
450,000
331,228
Shanghai Baosight Software Co. Ltd., Class B
253,141
371,659
Shanghai Pharmaceuticals Holding Co. Ltd.,
Class H
214,700
293,607
Shanghai Pudong Development Bank Co. Ltd.,
Class A
546,800
824,161
Shanghai United Imaging Healthcare Co. Ltd.,
Class A, NVS
25,138
458,931
Shanxi Xinghuacun Fen Wine Factory Co. Ltd.,
Class A
24,580
690,288
Shenwan Hongyuan Group Co. Ltd., Class A
998,706
648,555
Shenzhen Inovance Technology Co. Ltd., Class A
41,200
405,200
Shenzhen Mindray Bio-Medical Electronics Co. Ltd.,
Class A
17,600
531,842
Shenzhou International Group Holdings Ltd.
169,300
1,173,537
Sino Biopharmaceutical Ltd.
2,304,000
1,157,067
Sinopharm Group Co. Ltd., Class H
282,800
666,488
Sinotruk Hong Kong Ltd.
132,500
318,384
Smoore International Holdings Ltd.(b)(c)
373,000
645,595
Sungrow Power Supply Co. Ltd., Class A
36,120
301,308
Sunny Optical Technology Group Co. Ltd.
144,300
1,214,177
Suzhou Maxwell Technologies Co. Ltd., Class A
22,200
212,694
TAL Education Group, ADR(a)
99,655
871,981
TCL Zhonghuan Renewable Energy Technology Co.
Ltd., Class A
269,525
284,111
Tencent Holdings Ltd.
1,390,900
85,193,935
Tencent Music Entertainment Group, ADR
175,670
2,357,491
Tingyi Cayman Islands Holding Corp.
358,000
646,667
Tongcheng Travel Holdings Ltd.
280,400
735,494
Tongwei Co. Ltd., Class A
140,600
315,571
TravelSky Technology Ltd., Class H
142,000
197,673
Trina Solar Co. Ltd., Class A
131,468
237,096
Trip.com Group Ltd.
132,410
7,976,483
Tsingtao Brewery Co. Ltd., Class H
140,000
989,306
Vipshop Holdings Ltd., ADR
81,161
1,105,413
Wanhua Chemical Group Co. Ltd., Class A
62,531
468,727
Want Want China Holdings Ltd.
1,091,000
713,965
Weichai Power Co. Ltd., Class H
473,000
922,776
Wens Foodstuff Group Co. Ltd., Class A
152,260
355,029
Wharf Holdings Ltd. (The)
177,000
444,606
4 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
China (continued)
Will Semiconductor Co. Ltd. Shanghai, Class A
35,385
$642,192
Wingtech Technology Co. Ltd., Class A
35,500
170,356
Wuliangye Yibin Co. Ltd., Class A
60,100
1,064,255
WuXi AppTec Co. Ltd., Class A
74,514
607,608
WuXi AppTec Co. Ltd., Class H(c)
42,636
329,516
Wuxi Biologics Cayman Inc.(a)(c)
794,000
2,306,116
Xiaomi Corp., Class B(a)(c)
3,631,800
23,251,507
Xinyi Solar Holdings Ltd.(b)
1,076,000
357,835
XPeng Inc., Class A(a)(b)
286,632
2,668,261
Yadea Group Holdings Ltd.(c)
254,000
458,433
Yankuang Energy Group Co. Ltd., Class H
640,700
669,161
Yonyou Network Technology Co. Ltd., Class A(a)
105,300
213,711
Yum China Holdings Inc.
87,550
3,791,790
Yunnan Baiyao Group Co. Ltd., Class A
65,798
518,325
Yunnan Energy New Material Co. Ltd., Class A
25,100
95,772
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd.,
Class A
13,600
383,828
Zhaojin Mining Industry Co. Ltd., Class H
320,500
763,542
Zhejiang Expressway Co. Ltd., Class H
231,840
191,090
Zhejiang Huayou Cobalt Co. Ltd., Class A
45,900
213,942
Zhejiang Leapmotor Technology Co. Ltd.(a)(c)
112,672
806,314
Zhongji Innolight Co. Ltd., Class A
21,200
247,698
Zhongsheng Group Holdings Ltd.
156,500
235,483
Zhuzhou CRRC Times Electric Co. Ltd., Class H
114,200
458,380
Zijin Mining Group Co. Ltd., Class A
458,600
1,104,798
Zijin Mining Group Co. Ltd., Class H
1,212,000
2,647,836
ZTE Corp., Class A
52,900
233,362
ZTE Corp., Class H
130,800
386,139
ZTO Express Cayman Inc.
88,279
1,644,097
 
499,884,795
Colombia — 0.0%
Bancolombia SA
35,968
426,451
Interconexion Electrica SA ESP
94,371
486,866
 
913,317
Czech Republic — 0.1%
CEZ AS
32,095
1,629,127
Komercni Banka AS
16,607
807,130
Moneta Money Bank AS(c)
63,542
392,787
 
2,829,044
Denmark — 1.5%
AP Moller - Maersk A/S, Class A
731
1,249,323
AP Moller - Maersk A/S, Class B, NVS
780
1,343,070
Carlsberg A/S, Class B
19,584
2,668,391
Coloplast A/S, Class B
27,064
3,062,645
Danske Bank A/S
148,513
5,210,958
Demant A/S(a)
21,990
800,807
DSV A/S
43,699
9,262,427
Genmab A/S(a)
14,092
2,988,048
Novo Nordisk A/S, Class B
690,732
46,183,386
Novonesis (Novozymes) B, Class B
75,875
4,928,637
Orsted A/S(a)(c)
37,394
1,488,018
Pandora A/S
17,632
2,624,750
Rockwool A/S, Class B
19,907
908,758
Tryg A/S
74,802
1,784,622
Vestas Wind Systems A/S
218,207
2,909,179
Zealand Pharma A/S(a)
13,802
976,162
 
88,389,181
Egypt — 0.0%
Commercial International Bank - Egypt (CIB)
462,852
737,303
Eastern Co. SAE
263,319
181,314
 
918,617
Security
Shares
Value
Finland — 0.5%
Elisa OYJ
30,488
$1,626,474
Fortum OYJ
93,000
1,559,289
Kesko OYJ, Class B
61,284
1,407,008
Kone OYJ, Class B
72,394
4,483,491
Metso OYJ
138,775
1,507,888
Neste OYJ
91,074
944,741
Nokia OYJ
1,134,474
5,671,432
Orion OYJ, Class B
23,400
1,465,110
Sampo OYJ, Class A
505,275
5,062,151
Stora Enso OYJ, Class R
121,825
1,131,558
UPM-Kymmene OYJ
110,721
2,932,568
Wartsila OYJ Abp
108,999
2,013,902
 
29,805,612
France — 7.3%
Accor SA
44,738
2,204,348
Aeroports de Paris SA
7,448
931,348
Air Liquide SA
125,045
25,694,019
Airbus SE
126,854
21,525,919
Alstom SA(a)
74,321
1,794,790
Amundi SA(c)
13,300
1,050,583
ArcelorMittal SA
101,253
2,994,226
Arkema SA
12,937
983,541
AXA SA
383,303
18,128,658
BioMerieux
9,063
1,223,327
BNP Paribas SA
220,093
18,648,365
Bollore SE
178,045
1,101,283
Bouygues SA
43,498
1,911,968
Bureau Veritas SA
71,936
2,283,468
Capgemini SE
33,058
5,277,788
Carrefour SA
115,628
1,783,413
Cie de Saint-Gobain SA
97,962
10,650,232
Cie Generale des Etablissements Michelin SCA
145,032
5,303,203
Covivio SA/France
11,153
625,403
Credit Agricole SA
227,615
4,269,280
Danone SA
140,266
12,069,387
Dassault Aviation SA
4,215
1,519,788
Dassault Systemes SE
147,393
5,523,721
Edenred SE
55,408
1,728,007
Eiffage SA
14,611
1,988,159
Engie SA
397,114
8,207,684
EssilorLuxottica SA
64,323
18,534,865
Eurazeo SE
9,358
684,253
Eurofins Scientific SE
28,417
1,793,293
Euronext NV(c)
17,528
2,929,756
Gecina SA
9,629
988,500
Getlink SE
66,533
1,263,343
Hermes International SCA
6,821
18,758,977
Ipsen SA
8,464
984,389
Kering SA
16,175
3,290,847
Klepierre SA
44,831
1,640,956
La Francaise des Jeux SAEM(c)
20,471
729,671
Legrand SA
56,396
6,197,910
L'Oreal SA
51,991
22,973,037
LVMH Moet Hennessy Louis Vuitton SE
59,342
32,871,274
Orange SA
400,530
5,810,906
Pernod Ricard SA
44,688
4,843,976
Publicis Groupe SA
49,705
5,057,334
Renault SA
40,623
2,157,536
Rexel SA
49,542
1,376,456
Safran SA
77,885
20,726,729
Sanofi SA
245,723
26,880,088
Sartorius Stedim Biotech
6,063
1,430,813
 
5
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
France (continued)
Schneider Electric SE
118,148
$27,604,778
Societe Generale SA
156,199
8,144,055
Sodexo SA
18,743
1,189,746
STMicroelectronics NV
144,853
3,292,959
Teleperformance SE
11,906
1,305,553
Thales SA
20,287
5,682,842
TotalEnergies SE
466,213
26,553,254
Unibail-Rodamco-Westfield, New
27,922
2,363,738
Veolia Environnement SA
153,942
5,622,588
Vinci SA
106,824
15,005,281
 
438,111,611
Germany — 6.4%
adidas AG
37,050
8,524,891
Allianz SE, Registered
83,408
34,495,606
BASF SE
192,706
9,841,392
Bayer AG, Registered
210,896
5,526,990
Bayerische Motoren Werke AG
63,032
5,346,215
Beiersdorf AG
21,455
3,022,966
Brenntag SE
25,675
1,714,675
Commerzbank AG
205,443
5,437,570
Continental AG
23,838
1,863,527
Covestro AG, NVS(a)
38,716
2,605,251
CTS Eventim AG & Co. KGaA
13,756
1,629,907
Daimler Truck Holding AG
102,986
4,137,615
Delivery Hero SE, Class A(a)(c)
41,678
1,177,926
Deutsche Bank AG, Registered
403,678
10,584,575
Deutsche Boerse AG
40,816
13,146,583
Deutsche Lufthansa AG, Registered
140,409
1,008,929
Deutsche Post AG, Registered
209,352
8,945,192
Deutsche Telekom AG, Registered
752,781
27,038,037
E.ON SE
481,583
8,422,690
Evonik Industries AG
55,637
1,250,322
Fresenius Medical Care AG
46,200
2,350,451
Fresenius SE & Co. KGaA(a)
90,000
4,274,722
GEA Group AG
33,565
2,189,770
Hannover Rueck SE
12,626
4,052,941
Heidelberg Materials AG
29,717
5,940,829
Henkel AG & Co. KGaA
23,479
1,657,151
Infineon Technologies AG
280,925
9,305,092
Knorr-Bremse AG
15,924
1,579,290
LEG Immobilien SE
15,839
1,342,659
Mercedes-Benz Group AG
157,462
9,414,465
Merck KGaA
27,527
3,832,311
MTU Aero Engines AG
11,466
3,968,446
Muenchener Rueckversicherungs-Gesellschaft AG
in Muenchen, Registered
28,969
19,832,452
Nemetschek SE
12,625
1,677,670
Puma SE
23,697
611,877
Qiagen NV
46,808
2,008,797
Rational AG
1,117
958,424
Rheinmetall AG
9,413
16,030,831
RWE AG
135,067
5,245,212
SAP SE
224,716
65,749,365
Scout24 SE(c)
16,428
1,957,836
Siemens AG, Registered
164,003
37,763,564
Siemens Energy AG(a)
138,571
10,695,417
Siemens Healthineers AG(c)
62,455
3,366,783
Symrise AG, Class A
29,362
3,386,362
Talanx AG(a)
13,383
1,535,942
Vonovia SE
160,771
5,332,789
Security
Shares
Value
Germany (continued)
Zalando SE(a)(c)
46,754
$1,707,282
 
383,489,589
Greece — 0.2%
Alpha Services and Holdings SA
416,946
1,016,611
Eurobank Ergasias Services and Holdings SA,
Class A
492,869
1,398,774
Hellenic Telecommunications Organization SA
34,927
662,810
Jumbo SA
23,107
727,714
Metlen Energy & Metals SA
22,197
1,050,524
National Bank of Greece SA
162,027
1,719,668
OPAP SA
33,217
738,056
Piraeus Financial Holdings SA
203,988
1,145,603
Public Power Corp. SA
37,061
555,537
 
9,015,297
Hong Kong — 1.2%
AIA Group Ltd.
2,424,400
18,165,815
BeiGene Ltd.(a)
164,576
3,325,999
BOC Hong Kong Holdings Ltd.
747,500
3,100,914
CK Asset Holdings Ltd.
380,560
1,554,726
CK Hutchison Holdings Ltd.
572,060
3,225,891
CK Infrastructure Holdings Ltd.
142,500
960,400
CLP Holdings Ltd.
368,000
3,137,804
Futu Holdings Ltd., ADR
12,456
1,149,813
Galaxy Entertainment Group Ltd.
447,000
1,614,384
Hang Seng Bank Ltd.
164,100
2,290,636
Henderson Land Development Co. Ltd.
296,617
841,188
HKT Trust & HKT Ltd., Class SS
818,000
1,163,997
Hong Kong & China Gas Co. Ltd.(b)
2,522,748
2,269,902
Hong Kong Exchanges & Clearing Ltd.
252,400
11,027,276
Hongkong Land Holdings Ltd.
232,800
1,139,323
Jardine Matheson Holdings Ltd.
32,700
1,453,026
Link REIT
548,120
2,566,218
MTR Corp. Ltd.(b)
325,000
1,122,006
Power Assets Holdings Ltd.
300,000
1,983,959
Sands China Ltd.(a)
501,600
898,340
Sino Land Co. Ltd.
828,000
850,936
SITC International Holdings Co. Ltd.
283,000
782,705
Sun Hung Kai Properties Ltd.
297,500
2,822,208
Swire Pacific Ltd., Class A
80,000
691,813
Techtronic Industries Co. Ltd.
285,000
2,868,235
WH Group Ltd.(c)
1,733,000
1,549,661
Wharf Real Estate Investment Co. Ltd.
299,000
715,073
 
73,272,248
Hungary — 0.1%
MOL Hungarian Oil & Gas PLC
99,346
841,232
OTP Bank Nyrt
48,079
3,551,500
Richter Gedeon Nyrt
29,486
894,270
 
5,287,002
India — 5.5%
ABB India Ltd.
11,762
768,411
Adani Enterprises Ltd.
35,820
975,521
Adani Ports & Special Economic Zone Ltd.
111,686
1,606,790
Adani Power Ltd.(a)
125,491
788,518
Alkem Laboratories Ltd.
9,075
549,778
Ambuja Cements Ltd.
133,539
851,366
APL Apollo Tubes Ltd.
42,203
806,725
Apollo Hospitals Enterprise Ltd.
22,237
1,837,976
Ashok Leyland Ltd.
358,243
956,399
Asian Paints Ltd.
81,902
2,352,189
Astral Ltd.
42,221
671,955
AU Small Finance Bank Ltd.(c)
70,126
563,016
6 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
India (continued)
Aurobindo Pharma Ltd.(a)
64,713
$943,268
Avenue Supermarts Ltd.(a)(c)
33,997
1,685,863
Axis Bank Ltd.
497,456
6,977,870
Bajaj Auto Ltd.
14,725
1,398,978
Bajaj Finance Ltd.
59,360
6,056,886
Bajaj Finserv Ltd.
84,221
1,945,318
Bajaj Holdings & Investment Ltd.
5,799
824,443
Balkrishna Industries Ltd.
17,539
554,573
Bank of Baroda
223,958
662,705
Bharat Electronics Ltd.
762,173
2,834,922
Bharat Forge Ltd.
54,127
709,026
Bharat Heavy Electricals Ltd.
234,463
628,660
Bharat Petroleum Corp. Ltd.
331,034
1,213,163
Bharti Airtel Ltd.
554,063
12,221,650
Bosch Ltd.
1,855
645,985
Britannia Industries Ltd.
22,890
1,473,634
BSE Ltd.
7,166
541,954
Canara Bank
515,271
593,987
CG Power & Industrial Solutions Ltd.
140,757
1,043,166
Cholamandalam Investment and Finance Co. Ltd.
85,904
1,519,414
Cipla Ltd.
114,264
2,096,826
Coal India Ltd.
386,524
1,761,112
Colgate-Palmolive India Ltd.
31,893
977,327
Container Corp. of India Ltd.
67,246
537,103
Cummins India Ltd.
30,130
1,034,506
Dabur India Ltd.
112,930
652,165
Divi's Laboratories Ltd.
25,862
1,866,816
Dixon Technologies India Ltd.
8,061
1,571,453
DLF Ltd.
169,370
1,350,961
Dr Reddy's Laboratories Ltd.
128,280
1,800,686
Eicher Motors Ltd.
29,705
1,956,117
GAIL India Ltd.
511,727
1,143,985
GMR Airports Infrastructure Ltd.(a)
549,522
566,501
Godrej Consumer Products Ltd.
89,842
1,339,933
Godrej Properties Ltd.(a)
33,201
848,185
Grasim Industries Ltd.
63,237
2,052,081
Havells India Ltd.
56,620
1,072,147
HCL Technologies Ltd.
197,818
3,669,110
HDFC Asset Management Co. Ltd.(c)
20,375
1,055,887
HDFC Bank Ltd.
1,211,733
27,523,238
HDFC Life Insurance Co. Ltd.(c)
194,209
1,707,463
Hero MotoCorp Ltd.
25,716
1,165,135
Hindalco Industries Ltd.
294,223
2,174,590
Hindustan Aeronautics Ltd., NVS
43,841
2,324,822
Hindustan Petroleum Corp. Ltd.
198,268
887,328
Hindustan Unilever Ltd.
179,955
4,996,080
Hyundai Motor India Ltd.(a)
37,272
753,348
ICICI Bank Ltd.
1,108,301
18,629,734
ICICI Lombard General Insurance Co. Ltd.(c)
44,361
985,610
ICICI Prudential Life Insurance Co. Ltd.(c)
87,539
635,815
IDFC First Bank Ltd.(a)
702,333
540,473
Indian Hotels Co. Ltd., Class A
188,403
1,753,008
Indian Oil Corp. Ltd.
617,155
1,006,192
Indian Railway Catering & Tourism Corp. Ltd.
67,471
600,643
Indus Towers Ltd.(a)
251,767
1,213,298
IndusInd Bank Ltd.
128,626
1,277,464
Info Edge India Ltd.
17,054
1,426,555
Infosys Ltd.
711,528
12,578,344
InterGlobe Aviation Ltd.(a)(c)
42,197
2,629,350
ITC Ltd.
634,382
3,194,112
Jindal Stainless Ltd.
81,336
562,361
Jindal Steel & Power Ltd.
96,364
1,023,811
Security
Shares
Value
India (continued)
Jio Financial Services Ltd., NVS(a)
615,540
$1,901,103
JSW Energy Ltd.
100,936
572,758
JSW Steel Ltd.
139,633
1,705,923
Jubilant Foodworks Ltd.
92,136
779,087
Kalyan Jewellers India Ltd.
90,059
550,045
Kotak Mahindra Bank Ltd.
229,553
5,999,554
Larsen & Toubro Ltd.
141,320
5,593,814
LTIMindtree Ltd.(c)
18,948
1,028,298
Lupin Ltd.
50,581
1,257,802
Macrotech Developers Ltd.
69,304
1,090,431
Mahindra & Mahindra Ltd.
201,770
6,990,764
Mankind Pharma Ltd.(a)
27,615
804,991
Marico Ltd.
123,929
1,041,917
Maruti Suzuki India Ltd.
27,700
4,015,215
Max Healthcare Institute Ltd.
169,397
2,197,799
Mphasis Ltd.
18,357
536,129
MRF Ltd.
528
840,260
Muthoot Finance Ltd.
20,875
537,400
Nestle India Ltd., NVS
70,802
2,001,184
NHPC Ltd., NVS
794,154
804,900
NMDC Ltd.
688,421
528,133
NTPC Ltd.
916,372
3,839,134
Oberoi Realty Ltd.
27,711
537,945
Oil & Natural Gas Corp. Ltd.
669,433
1,937,058
Oil India Ltd.
107,087
520,412
Oracle Financial Services Software Ltd.
4,692
484,841
Page Industries Ltd.
1,364
735,374
PB Fintech Ltd.(a)
78,425
1,506,889
Persistent Systems Ltd., NVS
23,281
1,465,183
Petronet LNG Ltd.
169,555
629,492
Phoenix Mills Ltd. (The)
43,831
862,744
PI Industries Ltd.
19,249
829,173
Pidilite Industries Ltd.
34,692
1,247,179
Polycab India Ltd.
12,132
791,672
Power Finance Corp. Ltd.
323,331
1,564,070
Power Grid Corp. of India Ltd.
975,981
3,544,702
Prestige Estates Projects Ltd.
36,539
594,543
Punjab National Bank
480,454
569,680
Rail Vikas Nigam Ltd.
114,135
473,753
REC Ltd.
293,799
1,466,531
Reliance Industries Ltd.
1,305,368
21,674,753
Samvardhana Motherson International Ltd.
598,395
944,775
SBI Cards & Payment Services Ltd.
52,324
541,304
SBI Life Insurance Co. Ltd.(c)
96,727
2,022,956
Shree Cement Ltd.
1,654
581,483
Shriram Finance Ltd.
288,578
2,091,241
Siemens Energy India Ltd., NVS
18,517
543,157
Siemens Ltd.
19,002
651,684
Solar Industries India Ltd.
6,476
1,008,643
Sona Blw Precision Forgings Ltd.(c)
86,029
489,729
SRF Ltd.
29,487
1,050,849
State Bank of India
382,338
3,570,883
Sun Pharmaceutical Industries Ltd.
206,045
4,468,816
Sundaram Finance Ltd.
14,824
924,889
Supreme Industries Ltd.
13,517
566,179
Suzlon Energy Ltd.(a)
2,034,419
1,356,548
Tata Communications Ltd.
24,756
466,062
Tata Consultancy Services Ltd.
193,769
7,909,626
Tata Consumer Products Ltd.
130,429
1,799,717
Tata Elxsi Ltd.
7,486
511,437
Tata Motors Ltd.
431,526
3,288,528
Tata Power Co. Ltd. (The)
363,077
1,649,822
 
7
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
India (continued)
Tata Steel Ltd.
1,594,872
$2,654,631
Tech Mahindra Ltd.
110,137
1,958,956
Thermax Ltd.
9,341
363,854
Titan Co. Ltd.
73,866
2,951,093
Torrent Pharmaceuticals Ltd.
23,130
909,638
Torrent Power Ltd.
38,198
695,404
Trent Ltd.
38,523
2,354,688
Tube Investments of India Ltd.
24,907
854,062
TVS Motor Co. Ltd.
47,490
1,500,760
UltraTech Cement Ltd.
24,543
3,382,086
Union Bank of India Ltd.
334,786
498,560
United Spirits Ltd.
64,683
1,196,111
UPL Ltd.
110,393
875,494
Varun Beverages Ltd.
307,640
1,899,333
Vedanta Ltd.
301,837
1,498,780
Vodafone Idea Ltd.(a)
4,919,784
413,796
Voltas Ltd.
46,391
679,945
Wipro Ltd.
542,163
1,548,467
Yes Bank Ltd.(a)
3,133,678
657,728
Zomato Ltd.(a)
1,563,739
4,279,929
Zydus Lifesciences Ltd.
54,917
578,179
 
328,388,241
Indonesia — 0.4%
Adaro Energy Indonesia Tbk PT
3,139,700
359,653
Amman Mineral Internasional PT(a)
1,386,700
595,490
Astra International Tbk PT
4,084,500
1,180,526
Bank Central Asia Tbk PT
11,848,800
6,299,892
Bank Mandiri Persero Tbk PT
8,461,668
2,498,793
Bank Negara Indonesia Persero Tbk PT
3,284,200
827,616
Bank Rakyat Indonesia Persero Tbk PT
14,691,416
3,402,675
Barito Pacific Tbk PT
3,813,688
171,080
Chandra Asri Pacific Tbk PT
1,700,448
807,807
Charoen Pokphand Indonesia Tbk PT
1,795,100
511,880
GoTo Gojek Tokopedia Tbk PT(a)
185,907,700
948,503
Indofood CBP Sukses Makmur Tbk PT
637,800
436,086
Indofood Sukses Makmur Tbk PT
808,000
389,757
Kalbe Farma Tbk PT
5,646,500
465,413
Sumber Alfaria Trijaya Tbk PT
5,222,100
676,025
Telkom Indonesia Persero Tbk PT
10,418,100
1,642,087
United Tractors Tbk PT
451,445
616,953
 
21,830,236
Ireland — 0.2%
AIB Group PLC
346,314
2,327,597
Bank of Ireland Group PLC
208,722
2,450,700
Kerry Group PLC, Class A
32,430
3,433,096
Kingspan Group PLC
34,336
2,897,424
 
11,108,817
Israel — 0.6%
Azrieli Group Ltd.
10,927
795,533
Bank Hapoalim BM
265,237
3,890,653
Bank Leumi Le-Israel BM
319,950
4,543,619
Check Point Software Technologies Ltd.(a)(b)
18,509
4,063,836
CyberArk Software Ltd.(a)
10,177
3,583,932
Elbit Systems Ltd.
5,887
2,263,434
Global-e Online Ltd.(a)
21,394
768,259
ICL Group Ltd.
153,213
1,022,762
Isracard Ltd.
1
2
Israel Discount Bank Ltd., Class A
281,237
2,100,695
Mizrahi Tefahot Bank Ltd.
35,471
1,796,162
Monday.com Ltd.(a)
7,976
2,241,176
Nice Ltd.(a)
13,455
2,101,994
Security
Shares
Value
Israel (continued)
Nova Ltd.(a)
6,071
$1,172,146
Teva Pharmaceutical Industries Ltd., ADR(a)(b)
239,412
3,713,280
Wix.com Ltd.(a)
11,737
1,990,478
 
36,047,961
Italy — 1.9%
Amplifon SpA
26,844
513,766
Banco BPM SpA
278,525
3,109,040
BPER Banca SpA
212,945
1,729,557
Davide Campari-Milano NV(b)
121,935
818,213
DiaSorin SpA
5,344
610,695
Enel SpA
1,714,451
14,862,530
Eni SpA
467,085
6,689,376
Ferrari NV
26,855
12,293,702
FinecoBank Banca Fineco SpA
124,206
2,485,477
Generali
204,822
7,485,780
Infrastrutture Wireless Italiane SpA(c)
84,757
1,012,180
Intesa Sanpaolo SpA
3,145,250
16,790,241
Leonardo SpA
86,429
4,493,299
Mediobanca Banca di Credito Finanziario SpA
118,621
2,426,276
Moncler SpA
50,932
3,143,567
Nexi SpA(a)(c)
132,355
773,093
Poste Italiane SpA(c)
99,097
2,011,391
Prysmian SpA
61,339
3,369,487
Recordati Industria Chimica e Farmaceutica SpA
22,257
1,313,348
Snam SpA
436,565
2,505,656
Stellantis NV
423,816
3,943,789
Telecom Italia SpA/Milano(a)
2,058,558
815,260
Tenaris SA, NVS
90,950
1,516,586
Terna - Rete Elettrica Nazionale
298,635
2,969,569
UniCredit SpA
303,769
17,673,542
Unipol Gruppo SpA
84,625
1,517,894
 
116,873,314
Japan — 13.9%
Advantest Corp.
162,400
6,794,156
Aeon Co. Ltd.(b)
139,400
4,122,222
AGC Inc.
35,600
1,111,499
Aisin Corp.
106,600
1,353,960
Ajinomoto Co. Inc.
194,400
3,976,272
ANA Holdings Inc.
31,500
605,097
Asahi Group Holdings Ltd.
311,700
4,308,407
Asahi Kasei Corp.
259,900
1,811,176
Asics Corp.
139,500
2,998,419
Astellas Pharma Inc.
390,200
3,907,519
Bandai Namco Holdings Inc.
124,600
4,330,164
Bridgestone Corp.
118,800
4,967,640
Canon Inc.
194,100
5,989,873
Capcom Co. Ltd.
69,900
2,023,640
Central Japan Railway Co.
161,100
3,390,165
Chiba Bank Ltd. (The)
113,800
1,011,850
Chubu Electric Power Co. Inc.
126,600
1,643,942
Chugai Pharmaceutical Co. Ltd.
144,500
8,324,574
Concordia Financial Group Ltd.
224,000
1,448,822
Dai Nippon Printing Co. Ltd.
82,700
1,152,733
Daifuku Co. Ltd.
65,600
1,735,413
Dai-ichi Life Holdings Inc.
777,200
5,611,731
Daiichi Sankyo Co. Ltd.
382,700
9,789,699
Daikin Industries Ltd.
55,300
6,299,954
Daito Trust Construction Co. Ltd.
11,600
1,291,509
Daiwa House Industry Co. Ltd.
122,600
4,436,026
Daiwa Securities Group Inc.
293,300
1,928,718
Denso Corp.
404,000
5,216,419
8 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Japan (continued)
Dentsu Group Inc.
37,600
$788,326
Disco Corp.
19,700
3,811,546
East Japan Railway Co.
194,100
4,207,481
Eisai Co. Ltd.
54,100
1,563,704
ENEOS Holdings Inc.
629,900
3,032,482
FANUC Corp.
201,200
5,106,388
Fast Retailing Co. Ltd.
40,300
13,256,474
Fuji Electric Co. Ltd.
27,900
1,240,622
FUJIFILM Holdings Corp.
239,500
4,905,528
Fujikura Ltd.
53,100
1,975,685
Fujitsu Ltd.
383,800
8,526,291
Hankyu Hanshin Holdings Inc.
48,800
1,391,882
Hikari Tsushin Inc.
4,000
1,109,510
Hitachi Ltd.
1,017,500
25,148,034
Honda Motor Co. Ltd.
988,500
10,057,730
Hoshizaki Corp.
24,500
1,041,645
Hoya Corp.
72,900
8,577,857
Hulic Co. Ltd.
123,700
1,293,519
Idemitsu Kosan Co. Ltd.
197,760
1,225,521
Inpex Corp.
191,200
2,391,815
Isuzu Motors Ltd.
118,300
1,590,950
ITOCHU Corp.
257,300
13,159,077
Japan Airlines Co. Ltd.
26,200
474,676
Japan Exchange Group Inc.
224,700
2,499,959
Japan Post Bank Co. Ltd.
390,600
4,016,127
Japan Post Holdings Co. Ltd.
441,200
4,288,580
Japan Post Insurance Co. Ltd.
34,400
691,549
Japan Tobacco Inc.
254,000
7,825,241
JFE Holdings Inc.
114,800
1,336,963
Kajima Corp.
81,100
1,936,477
Kansai Electric Power Co. Inc. (The)
188,800
2,326,098
Kao Corp.
94,800
4,059,481
Kawasaki Kisen Kaisha Ltd.
81,900
1,123,202
KDDI Corp.
667,400
11,828,736
Keyence Corp.
41,600
17,392,607
Kikkoman Corp.
137,900
1,349,927
Kirin Holdings Co. Ltd.
160,700
2,430,858
Kobe Bussan Co. Ltd.
35,300
1,078,772
Komatsu Ltd.
192,500
5,567,016
Konami Group Corp.
21,600
3,084,824
Kubota Corp.
198,000
2,300,837
Kyocera Corp.
284,700
3,374,187
Kyowa Kirin Co. Ltd.
53,600
836,943
Lasertec Corp.
17,000
1,580,496
LY Corp.
619,500
2,342,962
M3 Inc.(a)
89,100
1,116,654
Makita Corp.
44,900
1,313,058
Marubeni Corp.
304,100
5,391,284
MatsukiyoCocokara & Co.
70,100
1,286,799
MEIJI Holdings Co. Ltd.
55,080
1,354,243
Minebea Mitsumi Inc.
75,700
1,109,461
Mitsubishi Chemical Group Corp.
284,500
1,383,113
Mitsubishi Corp.
757,800
14,388,030
Mitsubishi Electric Corp.
407,100
7,875,510
Mitsubishi Estate Co. Ltd.
235,200
4,131,517
Mitsubishi HC Capital Inc.
169,700
1,200,481
Mitsubishi Heavy Industries Ltd.
712,300
14,041,457
Mitsubishi UFJ Financial Group Inc.
2,508,300
31,602,376
Mitsui & Co. Ltd.
555,900
11,240,921
Mitsui Fudosan Co. Ltd.
576,600
5,714,479
Mitsui OSK Lines Ltd.
70,400
2,344,589
Mizuho Financial Group Inc.
524,160
13,105,369
Security
Shares
Value
Japan (continued)
MonotaRO Co. Ltd.
55,700
$1,071,271
MS&AD Insurance Group Holdings Inc.
282,500
6,421,168
Murata Manufacturing Co. Ltd.
364,300
5,190,021
NEC Corp.
259,000
6,304,790
Nexon Co. Ltd.
71,600
1,123,381
Nidec Corp.
174,700
3,104,650
Nintendo Co. Ltd.
240,000
19,924,798
Nippon Building Fund Inc.
1,618
1,501,843
Nippon Paint Holdings Co. Ltd.
197,900
1,507,754
Nippon Sanso Holdings Corp.
30,700
982,500
Nippon Steel Corp.
200,086
4,211,351
Nippon Telegraph & Telephone Corp.
6,650,300
6,951,402
Nippon Yusen KK
92,500
3,022,243
Nissan Motor Co. Ltd.(a)
517,300
1,231,499
Nissin Foods Holdings Co. Ltd.
39,800
877,543
Nitori Holdings Co. Ltd.
16,800
1,998,943
Nitto Denko Corp.
140,200
2,464,269
Nomura Holdings Inc.
666,500
3,714,778
Nomura Research Institute Ltd.
77,200
2,923,366
NTT Data Group Corp.
126,800
2,518,297
Obayashi Corp.
134,300
2,083,688
Obic Co. Ltd.
68,300
2,391,285
Olympus Corp.
247,300
3,240,370
Omron Corp.
37,700
1,119,122
Ono Pharmaceutical Co. Ltd.
71,800
826,485
Oracle Corp./Japan
8,900
1,069,971
Oriental Land Co. Ltd./Japan
235,100
4,979,299
ORIX Corp.
245,800
4,930,755
Osaka Gas Co. Ltd.
74,800
1,896,783
Otsuka Corp.
42,800
949,264
Otsuka Holdings Co. Ltd.
91,300
4,450,945
Pan Pacific International Holdings Corp.
76,300
2,349,081
Panasonic Holdings Corp.
505,400
5,794,897
Rakuten Group Inc.(a)
310,800
1,832,579
Recruit Holdings Co. Ltd.
302,200
16,746,489
Renesas Electronics Corp.
359,500
4,218,825
Resona Holdings Inc.
476,400
3,821,582
Ricoh Co. Ltd.
120,900
1,271,640
SBI Holdings Inc.
54,700
1,438,307
SCREEN Holdings Co. Ltd.
19,500
1,296,692
SCSK Corp.
30,800
805,587
Secom Co. Ltd.
87,400
3,213,735
Seiko Epson Corp.
64,700
897,588
Sekisui Chemical Co. Ltd.
76,100
1,329,765
Sekisui House Ltd.
139,800
3,214,030
Seven & i Holdings Co. Ltd.
493,600
7,266,098
SG Holdings Co. Ltd.
66,800
703,380
Shimadzu Corp.
54,600
1,397,619
Shimano Inc.
14,900
2,099,191
Shin-Etsu Chemical Co. Ltd.
390,400
11,880,445
Shionogi & Co. Ltd.
159,600
2,681,362
Shiseido Co. Ltd.
85,200
1,400,793
SMC Corp.
11,900
3,851,327
SoftBank Corp.
6,357,400
9,620,303
SoftBank Group Corp.
205,100
10,371,832
Sompo Holdings Inc.
190,600
6,246,171
Sony Group Corp.
1,349,600
35,606,206
Subaru Corp.
122,800
2,223,652
Sumitomo Corp.
236,900
5,784,239
Sumitomo Electric Industries Ltd.
143,300
2,303,318
Sumitomo Metal Mining Co. Ltd.
53,900
1,195,880
Sumitomo Mitsui Financial Group Inc.
822,600
19,624,944
 
9
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Japan (continued)
Sumitomo Mitsui Trust Group Inc.
135,600
$3,354,572
Sumitomo Realty & Development Co. Ltd.
63,900
2,380,037
Suntory Beverage & Food Ltd.
30,800
1,076,178
Suzuki Motor Corp.
336,100
4,027,707
Sysmex Corp.
109,800
2,038,234
T&D Holdings Inc.
97,000
2,064,025
Taisei Corp.
34,200
1,854,392
Takeda Pharmaceutical Co. Ltd.
342,413
10,357,514
TDK Corp.
416,300
4,442,521
Terumo Corp.
288,600
5,524,012
TIS Inc.
45,400
1,310,388
Toho Co. Ltd./Tokyo
22,100
1,261,721
Tokio Marine Holdings Inc.
389,700
15,620,093
Tokyo Electron Ltd.
96,800
14,413,357
Tokyo Gas Co. Ltd.
72,800
2,418,619
Tokyo Metro Co. Ltd.
66,100
837,555
Tokyu Corp.
108,600
1,317,106
Toppan Holdings Inc.
52,900
1,485,038
Toray Industries Inc.
291,000
1,858,475
Toyota Industries Corp.
34,300
4,022,528
Toyota Motor Corp.
2,071,200
39,558,702
Toyota Tsusho Corp.
131,900
2,621,212
Trend Micro Inc./Japan
26,300
1,887,041
Unicharm Corp.
237,100
2,201,506
West Japan Railway Co.
86,500
1,819,613
Yakult Honsha Co. Ltd.
63,900
1,312,635
Yamaha Motor Co. Ltd.
225,500
1,771,017
Yaskawa Electric Corp.(b)
45,100
950,225
Yokogawa Electric Corp.
49,900
1,079,843
Zensho Holdings Co. Ltd.
21,000
1,297,660
ZOZO Inc.
102,100
1,036,875
 
834,001,317
Kuwait — 0.2%
Boubyan Bank KSCP
417,067
923,943
Gulf Bank KSCP
326,386
358,222
Kuwait Finance House KSCP
2,348,698
5,546,276
Mabanee Co. KPSC
134,970
349,205
Mobile Telecommunications Co. KSCP
477,335
737,332
National Bank of Kuwait SAKP
1,701,847
5,292,594
 
13,207,572
Malaysia — 0.4%
AMMB Holdings Bhd
363,800
435,255
Axiata Group Bhd
561,100
273,084
CELCOMDIGI Bhd
836,700
741,377
CIMB Group Holdings Bhd
1,724,900
2,849,370
Gamuda Bhd
955,200
941,128
Genting Bhd(b)
494,300
366,965
Hong Leong Bank Bhd
168,600
781,480
IHH Healthcare Bhd
572,000
917,321
IOI Corp. Bhd
729,500
618,413
Kuala Lumpur Kepong Bhd
91,800
417,679
Malayan Banking Bhd
1,129,800
2,618,093
Maxis Bhd
703,700
605,056
MISC Bhd
168,200
292,478
MR DIY Group M Bhd(c)
832,300
324,489
Petronas Chemicals Group Bhd
564,800
481,928
Petronas Dagangan Bhd
61,800
282,656
Petronas Gas Bhd
259,100
1,050,811
PPB Group Bhd
219,600
632,743
Press Metal Aluminium Holdings Bhd
900,700
1,023,707
Public Bank Bhd
2,766,900
2,868,317
Security
Shares
Value
Malaysia (continued)
RHB Bank Bhd
448,895
$692,404
SD Guthrie Bhd
398,500
438,247
Sime Darby Bhd(b)
511,200
246,361
Sunway Bhd
496,400
523,262
Telekom Malaysia Bhd
131,500
207,242
Tenaga Nasional Bhd
595,400
1,914,890
YTL Corp. Bhd
760,500
338,227
YTL Power International Bhd(b)
498,700
395,063
 
23,278,046
Mexico — 0.6%
Alfa SAB de CV, Class A
605,128
442,186
America Movil SAB de CV, Series B, Class B
4,032,174
3,478,972
Arca Continental SAB de CV
89,100
937,639
Cemex SAB de CV, NVS
3,356,308
2,070,897
Coca-Cola Femsa SAB de CV
107,600
1,013,477
Fibra Uno Administracion SA de CV
677,700
873,972
Fomento Economico Mexicano SAB de CV
398,400
4,192,540
Gruma SAB de CV, Class B
36,115
690,164
Grupo Aeroportuario del Centro Norte SAB de CV,
Class B
61,442
678,445
Grupo Aeroportuario del Pacifico SAB de CV,
Class B
83,960
1,704,674
Grupo Aeroportuario del Sureste SAB de CV,
Class B
39,450
1,249,674
Grupo Bimbo SAB de CV, Series A, Class A
295,200
897,620
Grupo Carso SAB de CV, Series A1, Class A1
120,000
834,288
Grupo Comercial Chedraui SA de CV
59,300
383,520
Grupo Financiero Banorte SAB de CV, Class O
563,700
4,844,075
Grupo Financiero Inbursa SAB de CV, Class O(a)
416,100
1,069,611
Grupo Mexico SAB de CV, Series B, Class B
692,929
3,600,595
Industrias Penoles SAB de CV(a)
43,985
877,188
Kimberly-Clark de Mexico SAB de CV, Class A
410,200
723,113
Prologis Property Mexico SA de CV
186,716
665,058
Promotora y Operadora de Infraestructura SAB
de CV
31,720
354,750
Qualitas Controladora SAB de CV
33,400
368,055
Wal-Mart de Mexico SAB de CV
1,125,200
3,566,007
 
35,516,520
Netherlands — 2.8%
ABN AMRO Bank NV, CVA(c)
105,861
2,193,741
Adyen NV(a)(c)
4,737
7,665,474
Aegon Ltd.
310,731
1,998,605
AerCap Holdings NV
42,699
4,526,094
Akzo Nobel NV
37,380
2,359,969
ASM International NV
10,030
4,902,533
ASML Holding NV
84,463
56,543,070
ASR Nederland NV
33,889
2,138,356
BE Semiconductor Industries NV
16,904
1,830,765
Coca-Cola Europacific Partners PLC
43,153
3,915,703
CVC Capital Partners PLC(a)(c)
45,747
816,259
DSM-Firmenich AG
40,927
4,446,029
EXOR NV, NVS
19,524
1,843,353
Heineken Holding NV
26,774
2,093,455
Heineken NV
63,178
5,655,389
IMCD NV
13,791
1,833,936
ING Groep NV
684,696
13,296,330
InPost SA(a)
56,584
955,810
JDE Peet's NV
40,465
979,613
Koninklijke Ahold Delhaize NV
193,984
7,964,798
Koninklijke KPN NV
836,126
3,889,536
Koninklijke Philips NV(a)
170,715
4,332,716
10 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Netherlands (continued)
NN Group NV
57,813
$3,545,116
Prosus NV
294,986
13,830,298
Randstad NV
22,058
885,402
Universal Music Group NV
174,791
5,139,813
Wolters Kluwer NV
52,022
9,184,949
 
168,767,112
New Zealand — 0.1%
Auckland International Airport Ltd.
353,766
1,580,230
Contact Energy Ltd.
210,810
1,110,543
Fisher & Paykel Healthcare Corp. Ltd.
121,601
2,453,059
Infratil Ltd.
197,519
1,237,995
Meridian Energy Ltd.
316,853
1,031,394
 
7,413,221
Norway — 0.4%
Aker BP ASA
64,360
1,381,649
DNB Bank ASA
193,519
4,837,608
Equinor ASA
171,441
3,880,674
Gjensidige Forsikring ASA
43,712
1,022,810
Kongsberg Gruppen ASA
19,184
3,090,709
Mowi ASA
100,164
1,836,653
Norsk Hydro ASA
284,981
1,511,657
Orkla ASA
175,867
1,961,349
Salmar ASA
15,918
786,590
Telenor ASA
140,862
2,115,745
Yara International ASA
35,398
1,148,790
 
23,574,234
Peru — 0.1%
Cia. de Minas Buenaventura SAA, ADR
38,949
551,518
Credicorp Ltd.
14,516
2,934,990
Southern Copper Corp.
18,171
1,626,668
 
5,113,176
Philippines — 0.1%
Ayala Corp.
43,870
470,898
Ayala Land Inc.
1,590,720
713,596
Bank of the Philippine Islands
370,263
928,370
BDO Unibank Inc.
508,754
1,460,154
International Container Terminal Services Inc.
253,990
1,553,449
Jollibee Foods Corp.
132,920
545,979
Manila Electric Co.
13,030
132,971
Metropolitan Bank & Trust Co.
391,628
539,528
PLDT Inc.
19,810
461,504
SM Investments Corp.
43,955
684,224
SM Prime Holdings Inc.
2,320,400
1,012,918
 
8,503,591
Poland — 0.3%
Allegro.eu SA (a)(c)
125,689
1,102,848
Bank Polska Kasa Opieki SA
37,606
1,884,874
CD Projekt SA
11,722
725,828
Dino Polska SA(a)(c)
10,576
1,482,621
KGHM Polska Miedz SA
31,910
1,018,646
LPP SA
192
785,809
mBank SA(a)(b)
2,977
648,642
ORLEN SA
121,244
2,189,466
PGE Polska Grupa Energetyczna SA(a)
166,457
363,561
Powszechna Kasa Oszczednosci Bank Polski SA
187,095
3,597,074
Powszechny Zaklad Ubezpieczen SA
126,383
1,971,676
Santander Bank Polska SA
8,155
1,254,306
 
17,025,351
Portugal — 0.1%
Banco Espirito Santo SA, Registered,NVS(d)(e)
4
—
Security
Shares
Value
Portugal (continued)
EDP Renovaveis SA
73,848
$691,568
EDP SA
678,983
2,676,322
Galp Energia SGPS SA
104,071
1,612,453
Jeronimo Martins SGPS SA
59,514
1,440,380
 
6,420,723
Qatar — 0.2%
Barwa Real Estate Co.
298,500
229,313
Commercial Bank PSQC (The)
696,007
822,017
Dukhan Bank
428,663
411,633
Industries Qatar QSC
333,762
1,150,002
Masraf Al Rayan QSC
1,211,220
742,964
Mesaieed Petrochemical Holding Co.
1,031,680
399,024
Ooredoo QPSC
257,698
917,135
Qatar Electricity & Water Co. QSC
148,711
623,845
Qatar Fuel QSC
91,366
376,020
Qatar Gas Transport Co. Ltd.
585,049
735,003
Qatar International Islamic Bank QSC
176,384
513,535
Qatar Islamic Bank QPSC
359,153
2,080,147
Qatar National Bank QPSC
956,390
4,381,919
 
13,382,557
Russia — 0.0%
Alrosa PJSC(a)(d)
504,040
61
Mobile TeleSystems PJSC(a)(d)
193,438
24
Moscow Exchange MICEX-RTS PJSC(a)(d)
287,200
35
Ozon Holdings PLC, ADR(a)(d)
8,288
1
PhosAgro PJSC, GDR(a)(d)(e)
1
—
PhosAgro PJSC, New(a)(d)
187
2
Polyus PJSC(a)(d)
51,980
1
Rosneft Oil Co. PJSC(a)(d)
165,180
20
Sberbank of Russia PJSC(a)(d)
1,882,550
229
Severstal PAO(a)(d)
30,098
4
TCS Group Holding PLC, GDR(a)(d)(e)
20,990
2
United Co. RUSAL International PJSC(a)(d)
563,790
69
VK Co. Ltd.(a)(d)
21,979
3
VTB Bank PJSC(a)(d)
98,760
—
X5 Retail Group NV, GDR(a)(d)
16,185
2
 
453
Saudi Arabia — 1.1%
ACWA Power Co.
31,467
2,698,346
Ades Holding Co.
56,220
226,965
Al Rajhi Bank
417,490
10,845,533
Al Rajhi Co. for Co-operative Insurance(a)
8,256
288,681
Alinma Bank
261,318
2,023,978
Almarai Co. JSC
96,317
1,356,725
Arab National Bank
175,535
1,006,857
Arabian Internet & Communications Services Co.
3,379
258,560
Bank AlBilad
177,027
1,368,036
Bank Al-Jazira(a)
165,690
597,244
Banque Saudi Fransi
277,368
1,358,642
Bupa Arabia for Cooperative Insurance Co.
18,671
836,249
Co. for Cooperative Insurance (The)
17,893
663,329
Dallah Healthcare Co.
7,637
248,617
Dar Al Arkan Real Estate Development Co.(a)
141,338
825,421
Dr Sulaiman Al Habib Medical Services Group Co.
18,311
1,397,761
Elm Co.
5,110
1,414,047
Etihad Etisalat Co.
80,624
1,349,841
Jarir Marketing Co.
168,926
568,876
Mouwasat Medical Services Co.
20,039
387,910
Nahdi Medical Co.
4,625
140,071
Riyad Bank
310,545
2,549,345
SABIC Agri-Nutrients Co.
46,710
1,230,463
 
11
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Saudi Arabia (continued)
Sahara International Petrochemical Co.
76,349
$387,017
SAL Saudi Logistics Services
6,721
327,556
Saudi Arabian Mining Co.(a)
282,874
3,855,673
Saudi Arabian Oil Co.(c)
1,231,929
8,329,069
Saudi Aramco Base Oil Co.
10,678
282,864
Saudi Awwal Bank
219,686
2,055,691
Saudi Basic Industries Corp.
195,578
3,180,596
Saudi Electricity Co.
223,496
892,508
Saudi Industrial Investment Group
88,855
358,385
Saudi Investment Bank (The)
146,380
588,102
Saudi Kayan Petrochemical Co.(a)
145,384
223,683
Saudi National Bank (The)
621,355
5,920,283
Saudi Research & Media Group(a)
7,377
340,805
Saudi Tadawul Group Holding Co.
12,817
627,865
Saudi Telecom Co.
416,589
5,288,916
Yanbu National Petrochemical Co.
50,013
426,400
 
66,726,910
Singapore — 1.0%
CapitaLand Ascendas REIT
842,977
1,717,699
CapitaLand Integrated Commercial Trust
1,185,505
1,950,986
CapitaLand Investment Ltd./Singapore
545,900
1,150,534
DBS Group Holdings Ltd.
423,390
13,755,596
Genting Singapore Ltd.(b)
1,343,600
761,911
Grab Holdings Ltd., Class A(a)
474,542
2,315,765
Keppel Ltd.
317,600
1,596,797
Oversea-Chinese Banking Corp. Ltd.
711,475
8,805,046
Sea Ltd., ADR(a)
80,190
10,749,469
Sembcorp Industries Ltd.
181,300
917,046
Singapore Airlines Ltd.
296,350
1,520,843
Singapore Exchange Ltd.
157,000
1,727,134
Singapore Technologies Engineering Ltd.
362,900
2,060,634
Singapore Telecommunications Ltd.
1,663,700
4,813,407
United Overseas Bank Ltd.
267,100
7,093,865
Wilmar International Ltd.
401,600
941,944
Yangzijiang Shipbuilding Holdings Ltd.
563,200
964,741
 
62,843,417
South Africa — 0.9%
Absa Group Ltd.
179,095
1,652,854
Anglo American Platinum Ltd.
23,984
821,308
Anglogold Ashanti PLC, NVS
107,293
4,466,823
Aspen Pharmacare Holdings Ltd.
88,078
578,364
Bid Corp. Ltd.
77,060
1,936,727
Bidvest Group Ltd. (The)
73,148
927,325
Capitec Bank Holdings Ltd.
19,795
3,674,074
Clicks Group Ltd.
60,172
1,279,734
Discovery Ltd.
108,694
1,203,676
FirstRand Ltd.
1,052,700
4,121,680
Gold Fields Ltd.
196,590
4,409,308
Harmony Gold Mining Co. Ltd.
125,112
1,965,806
Impala Platinum Holdings Ltd.(a)
197,120
1,172,297
Kumba Iron Ore Ltd.
10,822
188,209
MTN Group Ltd.
359,693
2,380,562
Naspers Ltd., Class N
36,512
9,600,543
Nedbank Group Ltd.
91,336
1,244,492
NEPI Rockcastle NV
111,870
857,672
Old Mutual Ltd.
1,053,937
641,952
OUTsurance Group Ltd., NVS
123,339
506,319
Pepkor Holdings Ltd.(c)
352,090
509,690
Reinet Investments SCA
28,388
745,532
Remgro Ltd.
109,434
942,975
Sanlam Ltd.
356,766
1,624,372
Security
Shares
Value
South Africa (continued)
Sasol Ltd.(a)
122,283
$422,373
Shoprite Holdings Ltd.
102,701
1,580,176
Standard Bank Group Ltd.
282,492
3,527,804
Vodacom Group Ltd.
119,499
884,201
Woolworths Holdings Ltd./South Africa
237,485
735,388
 
54,602,236
South Korea — 2.5%
Alteogen Inc.(a)
8,903
2,196,014
Amorepacific Corp.
6,529
572,604
Celltrion Inc.
33,768
3,829,520
CJ CheilJedang Corp.
1,982
333,343
Coway Co. Ltd.
12,572
774,064
DB Insurance Co. Ltd.
10,484
675,435
Doosan Bobcat Inc.
13,082
449,766
Doosan Enerbility Co. Ltd.(a)
95,305
1,936,270
Ecopro BM Co. Ltd.(a)(b)
10,630
757,176
Ecopro Co. Ltd.(b)
22,211
794,065
Ecopro Materials Co. Ltd.(a)
5,938
231,174
Hana Financial Group Inc.
63,250
2,868,394
Hanjin Kal Corp.
5,042
280,761
Hankook Tire & Technology Co. Ltd.
17,085
496,248
Hanmi Semiconductor Co. Ltd.(b)
9,562
511,733
Hanwha Aerospace Co. Ltd.
6,846
3,847,477
Hanwha Ocean Co. Ltd.(a)
20,276
1,120,307
HD Hyundai Co. Ltd.
9,354
517,323
HD Hyundai Electric Co. Ltd.
4,319
939,921
HD Hyundai Heavy Industries Co. Ltd.
4,540
1,284,045
HD Korea Shipbuilding & Offshore Engineering
Co. Ltd.
9,195
1,758,973
HLB Inc.(a)
25,586
1,020,317
HMM Co. Ltd.
52,412
674,565
HYBE Co. Ltd.(b)
4,495
845,869
Hyundai Glovis Co. Ltd.
8,837
708,567
Hyundai Mobis Co. Ltd.
13,430
2,520,927
Hyundai Motor Co.
28,875
3,869,236
Hyundai Rotem Co. Ltd.
15,596
1,229,261
Industrial Bank of Korea
64,505
696,164
Kakao Corp.
66,355
1,782,610
KakaoBank Corp.
36,827
577,235
KB Financial Group Inc.
80,290
5,074,223
Kia Corp.
51,278
3,258,884
Korea Aerospace Industries Ltd.
16,990
994,435
Korea Electric Power Corp.
53,658
967,724
Korea Investment Holdings Co. Ltd.
9,192
536,675
Korea Zinc Co. Ltd.
877
489,072
Korean Air Lines Co. Ltd.
34,417
507,405
Krafton Inc.(a)
6,422
1,681,293
KT&G Corp.
20,236
1,633,334
LG Chem Ltd.
10,948
1,659,282
LG Corp.
20,423
956,387
LG Display Co. Ltd.(a)
71,122
422,528
LG Electronics Inc.
23,357
1,172,418
LG Energy Solution Ltd.(a)
10,057
2,294,517
LG H&H Co. Ltd.
1,929
457,060
LG Innotek Co. Ltd.
3,781
371,661
LG Uplus Corp.
39,381
332,517
LS Electric Co. Ltd.(b)
3,140
453,517
Meritz Financial Group Inc.
20,521
1,792,728
Mirae Asset Securities Co. Ltd.
48,724
405,010
NAVER Corp.
30,629
4,309,671
NCSoft Corp.
3,117
320,848
NH Investment & Securities Co. Ltd.
27,473
297,007
12 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
South Korea (continued)
Orion Corp./Republic of Korea
4,954
$429,407
POSCO Future M Co. Ltd.(a)(b)
6,978
612,627
POSCO Holdings Inc.
15,087
2,757,192
Posco International Corp.
12,030
414,729
Samsung Biologics Co. Ltd.(a)(c)
3,817
2,824,841
Samsung C&T Corp.
19,064
1,640,636
Samsung Electro-Mechanics Co. Ltd.
11,891
981,052
Samsung Electronics Co. Ltd.
1,024,429
39,970,694
Samsung Fire & Marine Insurance Co. Ltd.
6,602
1,741,790
Samsung Heavy Industries Co. Ltd.(a)
139,830
1,432,643
Samsung Life Insurance Co. Ltd.
17,435
1,058,612
Samsung SDI Co. Ltd.
11,979
1,483,367
Samsung SDS Co. Ltd.
9,160
825,469
Shinhan Financial Group Co. Ltd.
92,620
3,347,284
SK Biopharmaceuticals Co. Ltd.(a)
7,750
581,152
SK Hynix Inc.
117,176
14,620,410
SK Inc.
7,893
734,608
SK Innovation Co. Ltd.
12,655
840,560
SK Square Co. Ltd.(a)
20,942
1,294,735
SK Telecom Co. Ltd.
11,764
449,464
SKC Co. Ltd.(a)
3,454
247,790
S-Oil Corp.
10,328
377,239
Woori Financial Group Inc.
143,443
1,786,232
Yuhan Corp.
13,042
1,045,161
 
151,985,254
Spain — 2.0%
Acciona SA
5,326
776,122
ACS Actividades de Construccion y Servicios SA
43,375
2,717,653
Aena SME SA(c)
15,361
3,858,928
Amadeus IT Group SA
95,488
7,516,147
Banco Bilbao Vizcaya Argentaria SA
1,233,443
16,927,820
Banco de Sabadell SA
1,169,444
3,412,184
Banco Santander SA
3,264,341
22,983,771
CaixaBank SA
825,441
6,326,350
Cellnex Telecom SA(c)
108,045
4,372,511
Endesa SA
61,710
1,853,310
Ferrovial SE
112,254
5,476,030
Grifols SA(a)
48,765
461,737
Iberdrola SA
1,287,206
23,202,987
Industria de Diseno Textil SA
231,065
12,425,516
Redeia Corp. SA
64,486
1,352,290
Repsol SA
244,270
2,985,875
Telefonica SA
778,320
3,998,419
 
120,647,650
Sweden — 2.1%
AddTech AB, Class B
55,342
1,861,840
Alfa Laval AB
61,223
2,539,274
Assa Abloy AB, Class B
215,275
6,534,452
Atlas Copco AB, Class A
575,284
8,904,646
Atlas Copco AB, Class B
345,019
4,790,837
Beijer Ref AB, Class B
82,014
1,250,988
Boliden AB(a)
64,584
1,978,856
Epiroc AB, Class A
138,249
2,990,977
Epiroc AB, Class B
82,617
1,620,248
EQT AB
80,383
2,322,870
Essity AB, Class B
130,500
3,773,934
Evolution AB(c)
36,004
2,494,163
Fastighets AB Balder, Class B(a)
147,078
1,057,261
H & M Hennes & Mauritz AB, Class B
123,489
1,789,427
Hexagon AB, Class B
457,895
4,456,492
Holmen AB, Class B
16,062
635,075
Security
Shares
Value
Sweden (continued)
Industrivarden AB, Class A
27,927
$981,413
Industrivarden AB, Class C
31,611
1,110,074
Indutrade AB
60,036
1,624,192
Investment AB Latour, Class B
34,850
940,484
Investor AB, Class B
368,411
10,915,450
L E Lundbergforetagen AB, Class B
15,515
818,634
Lifco AB, Class B
50,193
1,943,209
Nibe Industrier AB, Class B
332,401
1,417,491
Nordea Bank Abp
676,105
9,363,343
Saab AB, Class B
71,275
3,318,885
Sagax AB, Class B
45,401
1,031,932
Sandvik AB
223,302
4,609,942
Securitas AB, Class B
117,953
1,869,172
Skandinaviska Enskilda Banken AB, Class A
337,742
5,359,179
Skanska AB, Class B
70,040
1,627,494
SKF AB, Class B
71,047
1,392,619
Svenska Cellulosa AB SCA, Class B
129,328
1,672,282
Svenska Handelsbanken AB, Class A
311,798
4,081,377
Swedbank AB, Class A
181,659
4,534,907
Swedish Orphan Biovitrum AB(a)
43,057
1,309,566
Tele2 AB, Class B
112,890
1,665,582
Telefonaktiebolaget LM Ericsson, Class B
608,355
5,139,006
Telia Co. AB
487,462
1,831,136
Trelleborg AB, Class B
46,304
1,596,639
Volvo AB, Class B
334,958
9,105,338
 
128,260,686
Switzerland — 6.3%
ABB Ltd., Registered
347,149
18,333,197
Alcon AG
109,668
10,655,397
Avolta AG, Registered
21,033
958,427
Baloise Holding AG, Registered
9,000
2,002,252
Banque Cantonale Vaudoise, Registered
7,682
945,482
Barry Callebaut AG, Registered
759
680,455
BKW AG
4,679
938,080
Chocoladefabriken Lindt & Spruengli AG,
Participation Certificates, NVS
189
2,754,485
Chocoladefabriken Lindt & Spruengli
AG, Registered
19
2,691,208
Cie Financiere Richemont SA, Class A, Registered
115,615
20,429,772
EMS-Chemie Holding AG, Registered
1,614
1,190,004
Galderma Group AG
18,786
2,181,911
Geberit AG, Registered
7,454
5,163,537
Givaudan SA, Registered
1,952
9,417,150
Helvetia Holding AG, Registered
7,996
1,763,898
Holcim AG
114,396
12,783,512
Julius Baer Group Ltd.
44,890
2,911,029
Kuehne + Nagel International AG, Registered
10,553
2,430,324
Logitech International SA, Registered
35,027
2,661,704
Lonza Group AG, Registered
16,045
11,528,480
Nestle SA, Registered
564,104
60,041,754
Novartis AG, Registered
424,858
48,458,117
Partners Group Holding AG
4,987
6,534,323
Roche Holding AG, Bearer
6,744
2,346,080
Roche Holding AG, NVS
151,378
49,498,540
Sandoz Group AG
92,531
4,013,502
Schindler Holding AG, Participation
Certificates, NVS
9,368
3,426,298
Schindler Holding AG, Registered
4,519
1,602,184
SGS SA
34,693
3,388,159
SIG Group AG
71,368
1,376,685
Sika AG, Registered
33,950
8,484,361
Sonova Holding AG, Registered
11,164
3,431,969
 
13
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Switzerland (continued)
Straumann Holding AG
24,757
$3,018,789
Swatch Group AG (The), Bearer
6,017
1,044,203
Swiss Life Holding AG, Registered
6,201
6,191,450
Swiss Prime Site AG, Registered
17,260
2,433,764
Swiss Re AG
66,930
12,014,217
Swisscom AG, Registered
5,633
3,756,552
Temenos AG, Registered
13,651
977,826
UBS Group AG, Registered
693,829
21,061,433
VAT Group AG(c)
5,958
2,150,779
Zurich Insurance Group AG
31,698
22,482,458
 
380,153,747
Taiwan — 4.9%
Accton Technology Corp.
105,000
1,955,764
Acer Inc.
663,792
725,342
Advantech Co. Ltd.
115,360
1,208,531
Airtac International Group
24,928
684,678
Alchip Technologies Ltd.
18,000
1,202,863
ASE Technology Holding Co. Ltd.
693,762
2,956,257
Asia Cement Corp.
439,440
618,971
Asia Vital Components Co. Ltd.
71,000
1,042,476
Asustek Computer Inc.
145,000
2,651,599
AUO Corp.
1,346,800
518,181
Catcher Technology Co. Ltd.
136,000
925,782
Cathay Financial Holding Co. Ltd.
2,060,019
3,795,605
Chailease Holding Co. Ltd.
287,500
1,034,452
Chang Hwa Commercial Bank Ltd.
1,270,337
724,374
Cheng Shin Rubber Industry Co. Ltd.
371,000
573,015
China Airlines Ltd.
541,000
356,390
China Steel Corp.
2,453,288
1,586,524
Chunghwa Telecom Co. Ltd.
819,000
3,311,138
Compal Electronics Inc.
799,000
688,476
CTBC Financial Holding Co. Ltd.
3,568,036
4,396,674
Delta Electronics Inc.
415,000
4,348,451
E Ink Holdings Inc.
191,000
1,334,246
E.Sun Financial Holding Co. Ltd.
3,074,643
2,727,137
Eclat Textile Co. Ltd.
35,000
456,203
Elite Material Co. Ltd.
67,000
1,166,030
eMemory Technology Inc.
14,000
1,127,301
Eva Airways Corp.
565,000
678,638
Evergreen Marine Corp. Taiwan Ltd.
229,200
1,484,982
Far Eastern New Century Corp.
622,000
640,067
Far EasTone Telecommunications Co. Ltd.
326,000
874,188
Feng TAY Enterprise Co. Ltd.
92,512
327,476
First Financial Holding Co. Ltd.
2,382,381
1,897,108
Formosa Chemicals & Fibre Corp.
698,340
545,721
Formosa Plastics Corp.
950,960
1,013,184
Fortune Electric Co. Ltd.
32,000
421,771
Fubon Financial Holding Co. Ltd.
1,722,339
4,564,939
Gigabyte Technology Co. Ltd.
117,000
844,625
Global Unichip Corp.
21,000
674,629
Globalwafers Co. Ltd.
62,000
598,365
Hon Hai Precision Industry Co. Ltd.
2,764,377
12,316,120
Hotai Motor Co. Ltd.
70,080
1,364,077
Hua Nan Financial Holdings Co. Ltd.
1,830,654
1,550,047
Innolux Corp.
1,505,892
644,912
International Games System Co. Ltd.
59,000
1,529,628
Inventec Corp.
603,000
770,242
Jentech Precision Industrial Co. Ltd.
26,000
818,732
KGI Financial Holding Co. Ltd.
3,402,358
1,764,720
Largan Precision Co. Ltd.
21,000
1,497,125
Lite-On Technology Corp.
475,000
1,436,508
Lotes Co. Ltd.
18,000
707,755
Security
Shares
Value
Taiwan (continued)
MediaTek Inc.
327,000
$13,895,233
Mega Financial Holding Co. Ltd.
2,544,937
3,013,919
Micro-Star International Co. Ltd.
161,000
704,145
Nan Ya Plastics Corp.
973,840
933,239
Nien Made Enterprise Co. Ltd.
42,000
514,325
Novatek Microelectronics Corp.
127,000
2,065,433
Pegatron Corp.
432,000
1,097,614
PharmaEssentia Corp.(a)
49,000
805,604
Pou Chen Corp.
391,000
402,639
President Chain Store Corp.
133,000
1,087,616
Quanta Computer Inc.
571,000
4,289,744
Realtek Semiconductor Corp.
108,000
1,775,419
Ruentex Development Co. Ltd.
311,700
320,846
Shanghai Commercial & Savings Bank Ltd. (The)
837,784
1,235,453
Shin Kong Financial Holding Co. Ltd.(a)
3,517,725
1,298,092
Silergy Corp.
77,000
970,685
SinoPac Financial Holdings Co. Ltd.
2,323,032
1,552,302
Synnex Technology International Corp.
285,750
633,947
Taishin Financial Holding Co. Ltd.
2,512,033
1,312,712
Taiwan Business Bank
1,864,722
825,863
Taiwan Cooperative Financial Holding Co. Ltd.
2,420,687
1,848,846
Taiwan High Speed Rail Corp.
518,000
439,762
Taiwan Mobile Co. Ltd.
390,000
1,384,697
Taiwan Semiconductor Manufacturing Co. Ltd.
5,295,000
150,031,445
TCC Group Holdings Co. Ltd.
1,344,553
1,249,504
Unimicron Technology Corp.
320,000
944,021
Uni-President Enterprises Corp.
1,082,972
2,602,558
United Microelectronics Corp.
2,410,000
3,381,834
Vanguard International Semiconductor Corp.
231,466
653,431
Voltronic Power Technology Corp.
13,000
609,586
Wan Hai Lines Ltd.
163,435
424,796
Wistron Corp.
578,000
1,854,661
Wiwynn Corp.
25,000
1,504,532
WPG Holdings Ltd.
333,000
705,488
Yageo Corp.
80,763
1,157,995
Yang Ming Marine Transport Corp.
412,000
880,229
Yuanta Financial Holding Co. Ltd.
2,216,275
2,171,418
Zhen Ding Technology Holding Ltd.
133,000
407,434
 
292,069,086
Thailand — 0.4%
Advanced Info Service PCL, NVDR
280,300
2,472,434
Airports of Thailand PCL, NVDR(b)
1,012,100
1,155,802
Bangkok Dusit Medical Services PCL, NVDR
2,336,400
1,675,517
Bangkok Expressway & Metro PCL, NVDR(b)
1,503,700
265,866
Bumrungrad Hospital PCL, NVDR
120,600
594,181
Central Pattana PCL, NVDR(b)
510,900
772,400
Charoen Pokphand Foods PCL, NVDR
1,019,200
807,290
CP ALL PCL, NVDR
1,291,000
1,987,846
CP Axtra PCL
517,725
390,847
Delta Electronics Thailand PCL, NVDR(b)
693,400
2,032,524
Gulf Development PCL(a)
1,074,006
1,575,402
Kasikornbank PCL, NVDR
163,600
781,269
Krungthai Card PCL, NVDR(b)
275,000
383,537
Minor International PCL, NVDR
879,220
707,652
PTT Exploration & Production PCL, NVDR
362,799
1,079,718
PTT Oil & Retail Business PCL, NVDR
722,568
313,162
PTT PCL, NVDR
2,201,700
2,041,813
SCB X PCL, NVDR
191,600
682,725
Siam Cement PCL (The), NVDR
168,700
806,102
True Corp. PCL, NVDR(a)(b)
2,655,296
961,309
 
21,487,396
14 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Turkey — 0.2%
Akbank TAS
729,627
$927,151
Aselsan Elektronik Sanayi Ve Ticaret A/S
307,948
1,084,863
BIM Birlesik Magazalar A/S
95,393
1,120,701
Coca-Cola Icecek A/S
147,191
199,736
Eregli Demir ve Celik Fabrikalari TAS
771,761
453,192
Ford Otomotiv Sanayi AS
16,739
386,202
Haci Omer Sabanci Holding AS
218,380
417,700
KOC Holding AS
152,485
549,013
Pegasus Hava Tasimaciligi AS(a)
46,148
268,385
Sasa Polyester Sanayi AS(a)
1,928,128
212,679
Turk Hava Yollari AO(a)
121,040
898,107
Turkcell Iletisim Hizmetleri AS
264,913
621,367
Turkiye Is Bankasi AS, Class C
1,966,164
529,380
Turkiye Petrol Rafinerileri AS
209,625
681,350
Turkiye Sise ve Cam Fabrikalari AS(b)
349,992
312,701
Yapi ve Kredi Bankasi A/S(a)
754,036
448,452
 
9,110,979
United Arab Emirates — 0.4%
Abu Dhabi Commercial Bank PJSC
671,867
2,129,044
Abu Dhabi Islamic Bank PJSC
367,180
1,828,104
Abu Dhabi National Oil Co. for Distribution PJSC
718,120
658,994
ADNOC Drilling Co. PJSC
690,793
921,642
Aldar Properties PJSC
869,129
1,957,238
Americana Restaurants International PLC -
Foreign Co.
601,882
370,217
Dubai Islamic Bank PJSC
612,647
1,262,231
Emaar Development PJSC
209,012
761,687
Emaar Properties PJSC
1,383,945
4,945,184
Emirates NBD Bank PJSC
421,154
2,356,979
Emirates Telecommunications Group Co. PJSC
724,136
3,430,383
First Abu Dhabi Bank PJSC
948,669
3,881,582
Multiply Group PJSC(a)
834,632
490,372
 
24,993,657
United Kingdom — 9.4%
3i Group PLC
207,145
11,743,261
Admiral Group PLC
53,339
2,319,845
Anglo American PLC
268,583
7,331,881
Antofagasta PLC
82,393
1,808,158
Ashtead Group PLC
92,950
4,975,838
Associated British Foods PLC
70,908
1,954,590
AstraZeneca PLC
330,770
47,388,360
Auto Trader Group PLC(c)
193,466
2,173,562
Aviva PLC
561,306
4,205,530
BAE Systems PLC
640,608
14,850,983
Barclays PLC
3,090,007
12,309,479
Barratt Redrow PLC
270,065
1,683,636
BP PLC
3,370,615
15,563,447
British American Tobacco PLC
426,999
18,599,370
BT Group PLC
1,378,798
3,200,129
Bunzl PLC
71,790
2,255,966
Centrica PLC
1,123,766
2,406,019
Coca-Cola HBC AG, Class DI
48,499
2,525,523
Compass Group PLC
360,795
12,164,139
Croda International PLC
30,621
1,208,724
DCC PLC
21,197
1,385,391
Diageo PLC
470,281
13,205,674
Entain PLC
129,992
1,111,290
Experian PLC
194,149
9,659,115
Glencore PLC
2,188,661
7,176,038
GSK PLC
873,403
17,278,265
Haleon PLC
1,943,705
9,780,471
Security
Shares
Value
United Kingdom (continued)
Halma PLC
81,343
$3,002,503
Hikma Pharmaceuticals PLC
45,706
1,211,189
HSBC Holdings PLC
3,883,601
43,291,974
Imperial Brands PLC
175,788
7,213,119
Informa PLC
302,128
2,951,467
InterContinental Hotels Group PLC
35,205
3,756,724
Intertek Group PLC
33,447
2,054,144
J Sainsbury PLC
371,856
1,321,618
JD Sports Fashion PLC
531,818
559,901
Kingfisher PLC
409,309
1,573,177
Land Securities Group PLC
156,189
1,237,687
Legal & General Group PLC
1,234,500
3,887,541
Lloyds Banking Group PLC
13,196,195
12,964,967
London Stock Exchange Group PLC
102,149
15,905,771
M&G PLC
498,902
1,384,396
Marks & Spencer Group PLC
442,703
2,300,526
Melrose Industries PLC
284,865
1,656,010
Mondi PLC, NVS
92,284
1,400,791
National Grid PLC
1,038,270
14,986,494
NatWest Group PLC, NVS
1,606,221
10,331,676
Next PLC
26,520
4,375,177
NMC Health PLC, NVS(a)(d)
14,180
—
Pearson PLC
135,247
2,168,176
Phoenix Group Holdings PLC
117,529
940,271
Prudential PLC
579,234
6,158,864
Reckitt Benckiser Group PLC
147,734
9,535,718
RELX PLC
401,101
21,890,144
Rentokil Initial PLC
530,829
2,431,883
Rio Tinto PLC
237,192
14,134,139
Rolls-Royce Holdings PLC
1,818,996
18,412,735
Sage Group PLC (The)
215,185
3,567,475
Schroders PLC
206,269
908,858
Segro PLC
276,439
2,514,670
Severn Trent PLC
61,696
2,294,922
Shell PLC
1,320,858
42,626,395
Smith & Nephew PLC
182,432
2,567,289
Smiths Group PLC
72,044
1,795,307
Spirax Group PLC
15,328
1,208,091
SSE PLC
226,116
5,098,027
Standard Chartered PLC
458,694
6,606,687
Tesco PLC
1,494,122
7,394,412
Unilever PLC
528,966
33,679,202
United Utilities Group PLC
149,852
2,252,929
Vodafone Group PLC
4,724,732
4,642,995
Whitbread PLC
41,694
1,448,075
Wise PLC, Class A(a)
143,075
1,876,629
WPP PLC
227,372
1,762,714
 
565,548,143
United States — 0.3%
Spotify Technology SA(a)
33,276
20,430,798
Total Common Stocks — 98.9%
(Cost: $5,063,094,453)
5,942,894,182
Preferred Stocks
Brazil — 0.4%
Banco Bradesco SA, Preference Shares, NVS
1,118,852
2,706,860
Centrais Eletricas Brasileiras SA, Preference
Shares, NVS
79,582
676,324
Cia Energetica de Minas Gerais, Preference
Shares, NVS
397,953
767,836
 
15
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
Brazil (continued)
Cia Paranaense de Energia - Copel, Preference
Shares, NVS
168,374
$342,080
Gerdau SA, Preference Shares, NVS
311,718
823,353
Itau Unibanco Holding SA, Preference Shares, NVS
1,144,985
7,178,412
Itausa SA, Preference Shares, NVS
1,293,537
2,438,851
Petroleo Brasileiro SA, Preference Shares, NVS
954,530
5,044,158
 
19,977,874
Chile — 0.0%
Sociedad Quimica y Minera de Chile SA, Class B,
Preference Shares
32,576
1,121,543
Colombia — 0.0%
Bancolombia SA, Preference Shares, NVS
108,148
1,110,767
Germany — 0.2%
Bayerische Motoren Werke AG, Preference
Shares, NVS
12,397
1,000,398
Dr Ing hc F Porsche AG, Preference
Shares, NVS(b)(c)
24,480
1,230,650
Henkel AG & Co. KGaA, Preference Shares, NVS
37,492
2,911,867
Porsche Automobil Holding SE, Preference
Shares, NVS
33,364
1,375,626
Sartorius AG, Preference Shares, NVS
5,966
1,548,741
Volkswagen AG, Preference Shares, NVS
45,366
4,936,290
 
13,003,572
South Korea — 0.1%
Hyundai Motor Co.
Preference Shares, NVS
5,252
553,524
Series 2, Preference Shares, NVS
8,484
910,752
Samsung Electronics Co. Ltd., Preference
Shares, NVS
176,385
5,822,583
 
7,286,859
Total Preferred Stocks — 0.7%
(Cost: $40,831,903)
42,500,615
Rights
Portugal — 0.0%
EDP Renovaveis SA, (Expires 05/19/25)(a)
72,756
7,418
South Korea — 0.0%
Samsung SDI Co. Ltd., (Expires 05/29/25, Strike
Price KRW 146,200.00)(a)(b)
1,652
40,036
Total Rights — 0.0%
(Cost: $6,956)
47,454
Security
Shares
Value
Warrants
Canada — 0.0%
Constellation Software Inc., (Issued 08/29/23,
1 Share for 1 Warrant, Expires 03/31/40, Strike
Price CAD 11.50)(a)(d)
3,748
$—
Total Warrants — 0.0%
(Cost: $—)
—
Total Long-Term Investments — 99.6%
(Cost: $5,103,933,312)
5,985,442,251
Short-Term Securities
Money Market Funds — 0.6%
BlackRock Cash Funds: Institutional, SL Agency
Shares, 4.46%(f)(g)(h)
27,033,274
27,044,087
BlackRock Cash Funds: Treasury, SL Agency
Shares, 4.30%(f)(g)
9,580,000
9,580,000
Total Short-Term Securities — 0.6%
(Cost: $36,615,605)
36,624,087
Total Investments — 100.2%
(Cost: $5,140,548,917)
6,022,066,338
Liabilities in Excess of Other Assets — (0.2)%
(9,271,176
)
Net Assets — 100.0%
$6,012,795,162
 
(a)
Non-income producing security.
(b)
All or a portion of this security is on loan.
(c)
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.
(d)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(e)
This security may be resold to qualified foreign investors and foreign institutional buyers
under Regulation S of the Securities Act of 1933.
(f)
Affiliate of the Fund.
(g)
Annualized 7-day yield as of period end.
(h)
All or a portion of this security was purchased with the cash collateral from loaned
securities.
16 
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
 
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
07/31/24
Purchases
at Cost
Proceeds
from Sales
Net Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
04/30/25
Shares
Held at
04/30/25
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Institutional, SL
Agency Shares
$10,817,642
$16,229,875
(a)
$—
$(1,979
)
$(1,451
)
$27,044,087
27,033,274
$169,231
(b)
$—
BlackRock Cash Funds: Treasury, SL Agency
Shares
4,130,000
5,450,000
(a)
—
—
—
9,580,000
9,580,000
184,802
—
 
 
 
 
$(1,979)
$(1,451)
$36,624,087
 
$354,033
$—
 
(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 collateral investment fees, 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
MSCI EAFE Index
139
06/20/25
$17,338
$873,007
MSCI Emerging Markets Index
138
06/20/25
7,659
251,124
 
$1,124,131
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. 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 that the Fund has the ability to access for identical assets or liabilities;
• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (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 that may not have a secondary market and/or may have 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
$709,641,915
$5,233,251,814
$453
$5,942,894,182
Preferred Stocks
22,210,184
20,290,431
—
42,500,615
 
17
Schedule of Investments (unaudited)(continued)
April 30, 2025
iShares® MSCI ACWI ex U.S. ETF
 
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Long-Term Investments (continued)
Rights
$47,454
$—
$—
$47,454
Warrants
—
—
—
—
Short-Term Securities 
Money Market Funds
36,624,087
—
—
36,624,087
 
$768,523,640
$5,253,542,245
$453
$6,022,066,338
Derivative Financial Instruments(a) 
Assets 
Equity Contracts
$1,124,131
$—
$—
$1,124,131
 
(a)
Derivative financial instruments are futures contracts.  Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.   
 
Portfolio Abbreviation
ADR
American Depositary Receipt
GDR
Global Depositary Receipt
JSC
Joint Stock Company
NVDR
Non-Voting Depositary Receipt
 
NVS
Non-Voting Shares
PJSC
Public Joint Stock Company
REIT
Real Estate Investment Trust
18