Schedule of Investments  (unaudited) October 31, 2019 iShares Edge MSCI Multifactor Intl Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks — 98.2%
Australia — 13.7%
AGL Energy Ltd.		4,656	$	63,557
Bendigo & Adelaide Bank Ltd.		3,412		25,041
BHP Group PLC		3,318		70,377
BlueScope Steel Ltd.		3,818		34,951
Caltex Australia Ltd.		153		2,876
CIMIC Group Ltd.		689		15,702
Coca-Cola Amatil Ltd.		3,587		25,172
Cochlear Ltd.		411		59,961
Dexus		7,389		60,933
Flight Centre Travel Group Ltd.		401		11,780
Fortescue Metals Group Ltd.		9,828		60,153
GPT Group		12,832		52,672
Harvey Norman Holdings Ltd.		3,528		9,954
Medibank Pvt Ltd.		19,559		45,587
Mirvac Group		25,931		57,460
QBE Insurance Group Ltd.		9,199		80,035
Rio Tinto Ltd.		2,610		163,211
Rio Tinto PLC		4,371		227,562
Sonic Healthcare Ltd.		2,844		56,013
South32 Ltd.		26,016		45,526
Telstra Corp. Ltd.		29,535		71,133
Washington H Soul Pattinson & Co. Ltd.		763		11,405
Woolworths Group Ltd.		9,262		238,831
				1,489,892
Austria — 0.2%
Verbund AG		485		26,275
Belgium — 2.4%
Ageas		1,264		72,896
Colruyt SA		419		23,291
Groupe Bruxelles Lambert SA		557		55,954
Proximus SADP		1,083		33,281
UCB SA		899		72,458
				257,880
Canada — 12.2%
Atco Ltd. Class I		539		18,948
CAE, Inc.		1,911		47,924
CGI, Inc.(a)		1,717		133,465
CI Financial Corp.		1,641		23,884
Constellation Software, Inc.		141		139,258
Empire Co. Ltd., Class A		1,228		32,604
Gildan Activewear, Inc.		1,455		37,173
H&R Real Estate Investment Trust		991		16,764
Husky Energy, Inc.		2,490		17,393
iA Financial Corp. Inc.		769		37,034
IGM Financial, Inc.		589		16,622
Intact Financial Corp.		970		100,086
Kirkland Lake Gold Ltd.		1,420		66,682
Loblaw Cos. Ltd.		1,306		69,648
Magna International, Inc.		2,214		119,046
Methanex Corp.		451		17,090
Metro, Inc.		1,812		76,629

Security	Shares		Value
Canada (continued)
Power Corp. of Canada		2,136	$	49,431
Power Financial Corp.		1,889		44,174
RioCan Real Estate Investment Trust		1,026		20,589
SmartCentres Real Estate Investment Trust		473		11,434
Teck Resources Ltd., Class B		3,579		56,575
Thomson Reuters Corp.		1,402		94,215
Tourmaline Oil Corp.		1,830		15,700
West Fraser Timber Co. Ltd.		396		18,310
WSP Global, Inc.		747		46,609
				1,327,287
China — 0.1%
Yangzijiang Shipbuilding Holdings Ltd.		16,900		11,831
Denmark — 0.4%
H Lundbeck A/S		493		16,846
Tryg A/S		861		24,066
				40,912
Finland — 0.8%
Elisa OYJ		1,015		55,435
Orion OYJ, Class B		737		32,697
				88,132
France — 7.0%
Arkema SA		491		50,248
Atos SE		682		52,928
AXA SA		1,075		28,457
BioMerieux		293		23,992
Cie Generale des Etablissements Michelin SCA		1,194		145,378
CNP Assurances		1,215		24,117
Eutelsat Communications SA		1,236		23,447
Faurecia SE		539		25,154
Ipsen SA		268		28,565
Peugeot SA		4,092		103,634
Renault SA		832		42,481
SCOR SE		1,159		48,886
Societe BIC SA		181		12,566
Societe Generale SA		2,769		78,747
UbiSoft Entertainment SA(a)		583		34,455
Worldline SA(a)(b)		564		34,318
				757,373
Germany — 2.2%
Covestro AG(b)		1,238		59,451
Deutsche Lufthansa AG, Registered Shares		1,676		29,034
Hannover Rueck SE		420		74,425
HUGO BOSS AG		449		18,931
METRO AG		1,275		20,820

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Schedule of Investments  (unaudited) (continued) October 31, 2019 iShares Edge MSCI Multifactor Intl Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
Germany (continued)
Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares		132	$	36,675
				239,336
Hong Kong — 6.6%
Hang Lung Properties Ltd.		14,000		30,775
Hongkong Land Holdings Ltd.		8,400		46,145
Hysan Development Co. Ltd.		4,000		15,765
Kerry Properties Ltd.		4,500		14,551
Link REIT		15,000		163,371
New World Development Co. Ltd.		44,000		62,939
NWS Holdings Ltd.		10,635		15,828
Sino Land Co. Ltd.		22,235		33,238
Swire Pacific Ltd., Class A		3,500		33,363
Swire Properties Ltd.		8,200		25,789
Techtronic Industries Co. Ltd.		9,500		74,243
Vitasoy International Holdings Ltd.		4,000		16,265
WH Group Ltd.(b)		68,000		71,777
Wharf Holdings Ltd.		9,000		20,423
Wharf Real Estate Investment Co. Ltd.		8,000		47,054
Wheelock & Co. Ltd.		6,000		37,108
Yue Yuen Industrial Holdings Ltd.		5,000		14,091
				722,725
Ireland — 0.5%
AerCap Holdings NV(a)(c)		946		54,755
Israel — 1.1%
Bank Leumi Le-Israel BM		10,666		77,694
Israel Discount Bank Ltd., Series A		8,263		37,760
				115,454
Italy — 0.7%
Leonardo SpA		2,042		23,723
Moncler SpA		1,310		50,551
				74,274
Japan — 17.5%
AGC, Inc.		1,300		45,708
Alfresa Holdings Corp.		1,300		29,028
ANA Holdings, Inc.		800		27,471
Astellas Pharma, Inc.		13,200		226,547
Brother Industries Ltd.		1,600		30,070
Chiba Bank Ltd.		4,200		22,828
Credit Saison Co. Ltd.		1,100		15,929
Daicel Corp.		1,900		16,985
Electric Power Development Co. Ltd.		1,100		26,708
Fujitsu Ltd.		1,400		124,081
Hitachi Ltd.		6,800		253,793
ITOCHU Corp.		9,500		198,625
Japan Airlines Co. Ltd.		800		24,930
JTEKT Corp.		1,400		17,856
Kamigumi Co. Ltd.		800		18,089
Kaneka Corp.		300		9,987
Konica Minolta, Inc.		3,200		23,487

Security	Shares		Value
Japan (continued)
Kurita Water Industries Ltd.		700	$	20,151
Kyushu Railway Co.		1,100		36,341
Marubeni Corp.		11,100		78,123
Medipal Holdings Corp.		1,200		27,417
Mitsubishi Tanabe Pharma Corp.		1,600		19,149
Mitsubishi UFJ Lease & Finance Co. Ltd.		2,900		17,803
NEC Corp.		1,700		67,372
NH Foods Ltd.		600		25,210
Nippon Electric Glass Co. Ltd.		600		13,516
Obayashi Corp.		4,600		47,340
Shimamura Co. Ltd.		100		8,470
Shinsei Bank Ltd.		1,200		18,708
Stanley Electric Co. Ltd.		900		24,906
Sumitomo Dainippon Pharma Co. Ltd.		1,100		19,198
Sumitomo Heavy Industries Ltd.		800		24,850
Sumitomo Rubber Industries Ltd.		1,200		15,905
Suzuken Co. Ltd.		500		26,697
Toho Gas Co. Ltd.		500		19,474
Tohoku Electric Power Co., Inc.		3,000		30,833
Tokyo Electric Power Co. Holdings, Inc.(a)		10,900		50,479
Tokyo Gas Co. Ltd.		2,700		65,910
Toppan Printing Co. Ltd.		1,700		31,442
Tosoh Corp.		1,800		24,647
Toyo Suisan Kaisha Ltd.		600		25,263
Toyoda Gosei Co. Ltd.		500		11,697
Yamazaki Baking Co. Ltd.		900		15,344
Yokogawa Electric Corp.		1,600		29,317
				1,907,684
Luxembourg — 0.1%
RTL Group SA		274		13,923
Netherlands — 5.2%
Aegon NV		12,675		54,988
Koninklijke Ahold Delhaize NV		8,314		207,185
Koninklijke Vopak NV		498		27,358
NN Group NV		2,128		81,198
Randstad NV		845		46,895
Wolters Kluwer NV		1,967		144,876
				562,500
New Zealand — 0.3%
Spark New Zealand Ltd.		12,992		37,270
Russia — 0.2%
Evraz PLC		3,635		17,346
Singapore — 1.0%
ComfortDelGro Corp. Ltd.		16,200		27,356
Golden Agri-Resources Ltd.		46,900		7,040
Singapore Airlines Ltd.		3,800		26,265
Singapore Exchange Ltd.		4,300		28,232

2

Schedule of Investments  (unaudited) (continued) October 31, 2019 iShares Edge MSCI Multifactor Intl Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
Singapore (continued)
Venture Corp. Ltd.		2,000	$	23,199
				112,092
South Africa — 2.0%
Anglo American PLC		7,394		190,300
Investec PLC		4,817		27,310
				217,610
Spain — 2.3%
Mapfre SA		7,548		21,066
Red Electrica Corp. SA		3,073		61,760
Repsol SA		10,208		168,225
				251,051
Sweden — 1.2%
Boliden AB		1,948		52,533
ICA Gruppen AB		641		28,365
Industrivarden AB, Class C		1,182		25,610
L E Lundbergforetagen AB, B Shares		538		20,277
				126,785
Switzerland — 9.1%
Adecco Group AG, Registered Shares		1,125		66,877
Baloise Holding AG, Registered Shares		348		64,364
Coca-Cola HBC AG(a)		1,349		41,075
Nestle SA, Registered Shares		33		3,530
Pargesa Holding SA, Bearer Shares		273		21,580
Roche Holding AG		1,297		390,340
SGS SA, Registered Shares		37		96,500
Sonova Holding AG, Registered Shares		395		90,644
Swiss Life Holding AG, Registered Shares		239		119,695
Swisscom AG, Registered Shares		180		92,069
				986,674
United Kingdom — 11.0%
3i Group PLC		6,754		98,695
Admiral Group PLC		1,334		34,913
Barratt Developments PLC		7,196		58,848
Berkeley Group Holdings PLC		877		49,988
British Land Co. PLC		6,280		50,492
Burberry Group PLC		2,915		77,297
Direct Line Insurance Group PLC		9,733		34,316
easyJet PLC		1,125		18,047
Fiat Chrysler Automobiles NV		7,748		120,239
Halma PLC		766		18,587
Hargreaves Lansdown PLC		2,027		46,547

Security	Shares		Value
United Kingdom (continued)
J. Sainsbury PLC		12,437	$	32,775
Johnson Matthey PLC		396		15,732
Kingfisher PLC		14,959		40,129
Marks & Spencer Group PLC		11,212		26,413
Meggitt PLC		5,462		44,195
Mondi PLC		2,607		54,053
Pearson PLC		5,531		48,848
Persimmon PLC		2,255		66,514
Smith & Nephew PLC		6,129		131,568
Smiths Group PLC		1,661		34,721
Taylor Wimpey PLC		23,294		49,959
WM Morrison Supermarkets PLC		16,700		43,142
				1,196,018
United States — 0.4%
Carnival PLC		1,168		46,740
Total Common Stocks — 98.2% (Cost — $9,933,886)				10,681,819
Preferred Stock — 0.7%
Germany — 0.7%
Porsche Automobil Holding SE, Preference Shares, 0.00%		1,089		80,184
Total Preferred Stocks — 0.7% (Cost — $89,791)				80,184
Total Long-Term Investments — 98.9% (Cost — $10,023,677)				10,762,003
Short-Term Securities — 0.8%
BlackRock Cash Funds: Institutional, SL Agency Shares,
2.03%(d)(e)(f)		56,590		56,618
BlackRock Cash Funds: Treasury, SL Agency Shares,
1.77%(d)(f)		26,292		26,292
Total Short-Term Securities — 0.8% (Cost — $82,910)				82,910
Total Investments — 99.7% (Cost — $10,106,587)				10,844,913
Other Assets Less Liabilities — 0.3%				37,459
Net Assets — 100.0%			$	10,882,372

^(a) Non-income producing security.

^(b) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(c) Security, or a portion of the security, is on loan.

^(d) Annualized 7-day yield as of period end

^(e) All or a portion of the security was purchased with the cash collateral from loaned securities.

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Schedule of Investments  (unaudited) (continued) October 31, 2019 iShares Edge MSCI Multifactor Intl Index Fund

(f) During the period ended October 31, 2019, investments in issuers considered to be an affiliate/affiliates of the Fund for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliate	Shares Held at 07/31/19		Net Activity			Shares Held at 10/31/19		Value at 10/31/19		Income			Net Realized Gain (Loss) (a)		Change in Unrealized Appreciation (Depreciation)
BlackRock Cash Funds: Institutional, SL Agency Shares		35,420		21,170			56,590	$	56,618	$	26	(b)	$	4	$	(1	)
BlackRock Cash Funds: Treasury, SL Agency Shares		285,315		(259,023	)		26,292		26,292		82			—		—
								$	82,910	$	108		$	4	$	(1	)

^(a) Includes net capital gain distributions, if applicable.

^(b) All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

Portfolio Abbreviations

AGC  Assured Guarantee Corp.

REIT  Real Estate Investment Trust

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
Euro Stoxx 50 Index		2		12/20/19	$	81	$	2,304

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. 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 for identical assets or liabilities that the Fund has the ability to access

• Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

• Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee”) own assumptions used in determining the fair value of investments and derivative financial instruments)

4

Schedule of Investments  (unaudited) (continued) October 31, 2019 iShares Edge MSCI Multifactor Intl Index Fund

Fair Value Hierarchy as of Period End (continued)

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 Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative 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 investments and derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its annual report.

The following tables summarize the Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy:

	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Common Stocks:
Australia	$	—	$	1,489,892	$	—	$	1,489,892
Austria		—		26,275		—		26,275
Belgium		23,291		234,589		—		257,880
Canada		1,327,287		—		—		1,327,287
China		—		11,831		—		11,831
Denmark		—		40,912		—		40,912
Finland		55,435		32,697		—		88,132
France		12,566		744,807		—		757,373
Germany		—		239,336		—		239,336
Hong Kong		—		722,725		—		722,725
Ireland		54,755		—		—		54,755
Israel		—		115,454		—		115,454
Italy		—		74,274		—		74,274
Japan		—		1,907,684		—		1,907,684
Luxembourg		13,923		—		—		13,923
Netherlands		—		562,500		—		562,500
New Zealand		—		37,270		—		37,270
Russia		—		17,346		—		17,346
Singapore		—		112,092		—		112,092
South Africa		—		217,610		—		217,610
Spain		—		251,051		—		251,051
Sweden		—		126,785		—		126,785
Switzerland		—		986,674		—		986,674
United Kingdom		—		1,196,018		—		1,196,018
United States		—		46,740		—		46,740
Preferred Stock		—		80,184		—		80,184
Short-Term Securities		82,910		—		—		82,910
	$	1,570,167	$	9,274,746	$	—	$	10,844,913
Derivative Financial Instruments(a)
Assets:
Equity contracts	$	2,304	$	—	$	—	$	2,304

^(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

5