# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-040612
**Filing Date:** 2023-2
**Character Count:** 54603
**Document Hash:** e926f23d524bb1e4ef5436418956af75
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-040612.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-040612

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23668282

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares Global Materials ETF (Series ID: S000008884)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000024198 | iShares Global Materials ETF | MXI             |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> Global Materials ETF** |
| December 31, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Common Stocks** |  |  |
| **Australia — 12.0%** |  |  |
| BHP Group Ltd. | 643814 | $19943388 |
| BlueScope Steel Ltd. | 58443 | 666088 |
| Fortescue Metals Group Ltd. | 215218 | 3008135 |
| James Hardie Industries PLC | 56916 | 1024390 |
| Mineral Resources Ltd. | 21152 | 1109559 |
| Newcrest Mining Ltd. | 113581 | 1592668 |
| Northern Star Resources Ltd. | 147335 | 1102555 |
| OZ Minerals Ltd. | 42952 | 809609 |
| Pilbara Minerals Ltd.<sup>(a)</sup> | 333018 | 843285 |
| Rio Tinto Ltd. | 47178 | 3723552 |
| South32 Ltd. | 581049 | 1593020 |
|  |  | 35416249 |
| **Belgium — 0.6%** |  |  |
| Solvay SA | 9261 | 936342 |
| Umicore SA | 26347 | 969037 |
|  |  | 1905379 |
| **Brazil — 2.8%** |  |  |
| Vale SA, ADR | 491952 | 8348426 |
| **Canada — 7.6%** |  |  |
| Agnico Eagle Mines Ltd. | 57902 | 3008851 |
| Barrick Gold Corp. | 224560 | 3849363 |
| CCL Industries Inc., Class B, NVS | 18345 | 783659 |
| First Quantum Minerals Ltd. | 71283 | 1489362 |
| Franco-Nevada Corp. | 24359 | 3320488 |
| Kinross Gold Corp. | 160543 | 654503 |
| Nutrien Ltd. | 66110 | 4826421 |
| Teck Resources Ltd., Class B | 56989 | 2153713 |
| Wheaton Precious Metals Corp. | 57440 | 2244148 |
|  |  | 22330508 |
| **Chile — 0.6%** |  |  |
| Empresas CMPC SA | 141805 | 236701 |
| Sociedad Quimica y Minera de Chile SA, ADR<sup>(b)</sup> | 18151 | 1449176 |
|  |  | 1685877 |
| **Denmark — 0.8%** |  |  |
| Chr Hansen Holding A/S | 13176 | 947786 |
| Novozymes A/S, Class B | 26485 | 1343681 |
|  |  | 2291467 |
| **Finland — 1.2%** |  |  |
| Stora Enso OYJ, Class R | 78203 | 1102623 |
| UPM-Kymmene OYJ | 67832 | 2538365 |
|  |  | 3640988 |
| **France — 4.1%** |  |  |
| Air Liquide SA | 66519 | 9441393 |
| ArcelorMittal SA | 72480 | 1912178 |
| Arkema SA | 8262 | 743124 |
|  |  | 12096695 |
| **Germany — 3.2%** |  |  |
| BASF SE | 116729 | 5747571 |
| Covestro AG<sup>(c)</sup> | 24397 | 950410 |
| HeidelbergCement AG | 18434 | 1044563 |
| Symrise AG | 16875 | 1832709 |
|  |  | 9575253 |
| **Ireland — 1.7%** |  |  |
| CRH PLC | 97628 | 3882679 |
| Smurfit Kappa Group PLC | 33240 | 1231885 |
|  |  | 5114564 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Japan — 5.7%** |  |  |
| Asahi Kasei Corp. | 177500 | $1263548 |
| JFE Holdings Inc. | 72900 | 845895 |
| Mitsubishi Chemical Group Corp. | 182600 | 945324 |
| Nippon Paint Holdings Co. Ltd. | 135500 | 1064229 |
| Nippon Steel Corp. | 120729 | 2094784 |
| Nitto Denko Corp. | 19000 | 1094299 |
| Shin-Etsu Chemical Co. Ltd. | 53000 | 6471945 |
| Sumitomo Chemical Co. Ltd. | 210600 | 755132 |
| Sumitomo Metal Mining Co. Ltd. | 34700 | 1219318 |
| Toray Industries Inc. | 207400 | 1153428 |
|  |  | 16907902 |
| **Mexico — 0.7%** |  |  |
| Cemex SAB de CV, NVS<sup>(a)</sup> | 1910155 | 772433 |
| Grupo Mexico SAB de CV, Series B | 395566 | 1388688 |
|  |  | 2161121 |
| **Netherlands — 1.5%** |  |  |
| Akzo Nobel NV | 23157 | 1553893 |
| Koninklijke DSM NV | 22214 | 2727759 |
|  |  | 4281652 |
| **Norway — 0.8%** |  |  |
| Norsk Hydro ASA | 174584 | 1304555 |
| Yara International ASA | 20739 | 910794 |
|  |  | 2215349 |
| **Peru — 0.2%** |  |  |
| Southern Copper Corp. | 10764 | 650038 |
| **South Korea — 1.7%** |  |  |
| LG Chem Ltd. | 6011 | 2870429 |
| POSCO Holdings Inc. | 9336 | 2043200 |
|  |  | 4913629 |
| **Sweden — 0.8%** |  |  |
| Boliden AB | 34936 | 1312273 |
| Svenska Cellulosa AB SCA, Class B | 75612 | 957600 |
|  |  | 2269873 |
| **Switzerland — 4.2%** |  |  |
| Givaudan SA, Registered | 1009 | 3090472 |
| Holcim AG | 72016 | 3727784 |
| SIG Group AG | 44015 | 961779 |
| Sika AG, Registered | 19538 | 4696998 |
|  |  | 12477033 |
| **Taiwan — 1.1%** |  |  |
| Formosa Plastics Corp. | 552720 | 1558680 |
| Nan Ya Plastics Corp. | 713940 | 1646495 |
|  |  | 3205175 |
| **United Kingdom — 11.0%** |  |  |
| Amcor PLC | 189113 | 2252336 |
| Anglo American PLC | 169993 | 6656904 |
| Croda International PLC | 18070 | 1437984 |
| DS Smith PLC | 176424 | 680538 |
| Glencore PLC | 1538619 | 10260502 |
| Johnson Matthey PLC | 25033 | 639773 |
| Mondi PLC | 61271 | 1036148 |
| Rio Tinto PLC | 134832 | 9490015 |
|  |  | 32454200 |
| **United States — 37.0%** |  |  |
| Air Products and Chemicals Inc. | 28188 | 8689233 |
| Albemarle Corp. | 14889 | 3228829 |
| Avery Dennison Corp. | 10320 | 1867920 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Global Materials ETF** |
| December 31, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **United States (continued)** |  |  |
| Ball Corp. | 40093 | $2050356 |
| Celanese Corp. | 12636 | 1291905 |
| CF Industries Holdings Inc. | 24919 | 2123099 |
| Corteva Inc. | 90805 | 5337518 |
| Dow Inc. | 89441 | 4506932 |
| DuPont de Nemours Inc. | 63137 | 4333092 |
| Eastman Chemical Co. | 15336 | 1248964 |
| Ecolab Inc. | 31493 | 4584121 |
| FMC Corp. | 15979 | 1994179 |
| Freeport-McMoRan Inc. | 181653 | 6902814 |
| International Flavors & Fragrances Inc. | 32403 | 3397130 |
| International Paper Co. | 45043 | 1559839 |
| Linde PLC | 62831 | 20494216 |
| LyondellBasell Industries NV, Class A | 32279 | 2680125 |
| Martin Marietta Materials Inc. | 7891 | 2666921 |
| Mosaic Co. (The) | 43192 | 1894833 |
| Newmont Corp. | 100876 | 4761347 |
| Nucor Corp. | 32604 | 4297533 |
| Packaging Corp. of America | 11712 | 1498082 |
| PPG Industries Inc. | 29870 | 3755854 |
| Sealed Air Corp. | 18385 | 917044 |
| Sherwin-Williams Co. (The) | 29970 | 7112780 |
| Steel Dynamics Inc. | 21198 | 2071045 |
| Vulcan Materials Co. | 16891 | 2957783 |
| Westrock Co. | 32433 | 1140344 |
|  |  | 109363838 |
| **Total Common Stocks — 99.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $354,516,991)** |  | 293305216 |
| **Preferred Stocks** |  |  |
| **Brazil — 0.2%** |  |  |
| Gerdau SA, Preference Shares, ADR | 132343 | 733180 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **South Korea — 0.1%** |  |  |
| LG Chem Ltd., Preference Shares, NVS | 967 | $213351 |
| **Total Preferred Stocks — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $1,476,474)** |  | 946531 |
| **Total Long-Term Investments — 99.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $355,993,465)** |  | 294251747 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 0.6%** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.53%<sup>(d)(e)(f)</sup> | 1445350 | 1445783 |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.12%<sup>(d)(e)</sup> | 200000 | 200000 |
| **Total Short-Term Securities — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $1,645,783)** |  | 1645783 |
| **Total Investments — 100.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $357,639,248)** |  | 295897530 |
| **Liabilities in Excess of Other Assets — (0.2)%** |  | (543466) |
| **Net Assets — 100.0%** |  | $295354064 |

---

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> 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.

<sup>(d)</sup> Affiliate of the Fund.

<sup>(e)</sup> Annualized 7-day yield as of period end.

<sup>(f)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended December 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at<br> 03/31/22* | *Purchases<br> at Cost* | *Proceeds<br> from Sale* | *Net Realized<br> Gain (Loss)* | *Change in<br> Unrealized<br> Appreciation<br> (Depreciation)* | *Value at<br> 12/31/22* | *Shares<br> Held at<br> 12/31/22* | *Income* | *Capital<br> Gain<br> Distributions<br> from<br> Underlying<br> Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $— | $1444332 <sup>(a)</sup> | $— | $1451 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $1445783 | 1445350 | $3102 <sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 2490000 |  | (2290000)<sup>(a)</sup> |  |  | 200000 | 200000 | 6624 |  |
|  |  |  |  | $1451 | $— | $1645783 |  | $9726 | $— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> 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.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Global Materials ETF** |
| December 31, 2022 |  |

---

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts**

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of<br> Contracts* | *Expiration<br> Date* | *Notional<br> Amount<br> (000)* | *Value/<br> Unrealized<br> Appreciation<br> (Depreciation)* |
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;S&P/TSX 60 Index | 2 | 03/16/23 | $346 | $(12353) |
| &nbsp;&nbsp;&nbsp;FTSE 100 Index | 3 | 03/17/23 | 270 | (1725) |
| &nbsp;&nbsp;&nbsp;MSCI Emerging Markets Index | 5 | 03/17/23 | 240 | (2525) |
| &nbsp;&nbsp;&nbsp;S&P 500 E-Mini Index | 1 | 03/17/23 | 193 | (6830) |
|  |  |  |  | $(23433) |

---

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of 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 each 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); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (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. There may not be a secondary market, and/or there are 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* |
| Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $146792144 | $146513072 | $— | $293305216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 733180 | 213351 |  | 946531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1645783 |  |  | 1645783 |
|  | $149171107 | $146726423 | $— | $295897530 |
| Derivative financial instruments<sup>(a)</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts | $(21708) | $(1725) | $— | $(23433) |

---

<sup>(a)</sup> Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

**Portfolio Abbreviation**

ADR American Depositary Receipt

NVS Non-Voting Shares

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

**Item A.2. Information about the Series.**

- **a. Name of Series:** iShares Global Materials ETF

- **b. EDGAR series identifier (if any):** S000008884

- **c. LEI of Series:** 5493002KBLGLSL52T116

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $295471132.47

**Total Liabilities:** $113733.40

**Net Assets:** $295357399.07

**Cash Not Reported:** $380859.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024198 | 5.76%                | 16.05%               | -3.62%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2274810.90             | $17127549.46                               |
| Month 2  | $559.27                  | $41557071.08                               |
| Month 3  | $-1589414.84             | $-9633738.64                               |

### Schedule of Portfolio Investments

| Name                                             | Title                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FMC Corp                                         | FMC Corp                                         | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     15979 | NS      | $1994179.20   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                   | Albemarle Corp                                   | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     14889 | NS      | $3228828.54   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                          | Dow Inc                                          | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     89441 | NS      | $4506931.99   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Umicore SA                                       | Umicore SA                                       | CUSIP: 000000000<br>LEI: 529900F3AIQECS8ZSV61 | Long             | EC               | CORP              | BE        |     26347 | NS      | $969036.88    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Mexico SAB de CV                           | Grupo Mexico SAB de CV                           | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |    395566 | NS      | $1388688.07   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Stora Enso Oyj                                   | Stora Enso Oyj                                   | CUSIP: 000000000<br>LEI: 7437000ZP669LKUTZ738 | Long             | EC               | CORP              | FI        |     78203 | NS      | $1102622.90   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                         | Svenska Cellulosa AB SCA                         | CUSIP: 000000000<br>LEI: 549300FW5JDRV1IJ0M67 | Long             | EC               | CORP              | SE        |     75612 | NS      | $957600.52    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE Futures Europe - Financial Products Division | FTSE 100 IDX FUT MAR23                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        |         3 | NC      | $-1725.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ball Corp                                        | Ball Corp                                        | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     40093 | NS      | $2050356.02   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                   | Air Products and Chemicals Inc                   | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     28188 | NS      | $8689232.88   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                             | Southern Copper Corp                             | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     10764 | NS      | $650037.96    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto Ltd                                    | Rio Tinto Ltd                                    | CUSIP: 000000000<br>LEI: 529900X2VMAQT2PE0V24 | Long             | EC               | CORP              | AU        |     47178 | NS      | $3723551.70   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Metal Mining Co Ltd                     | Sumitomo Metal Mining Co Ltd                     | CUSIP: 000000000<br>LEI: 353800CF81IXL9974H84 | Long             | EC               | CORP              | JP        |     34700 | NS      | $1219317.98   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                        | Holcim AG                                        | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     72016 | NS      | $3727783.53   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                          | CRH PLC                                          | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     97628 | NS      | $3882679.14   | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Covestro AG                                      | Covestro AG                                      | CUSIP: 000000000<br>LEI: 3912005AWHKLQ1CPLV11 | Long             | EC               | CORP              | DE        |     24397 | NS      | $950410.16    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Formosa Plastics Corp                            | Formosa Plastics Corp                            | CUSIP: 000000000<br>LEI: 254900KM6G17UTG1QN82 | Long             | EC               | CORP              | TW        |    552720 | NS      | $1558680.29   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                                        | Linde PLC                                        | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |     62831 | NS      | $20494215.58  | 6.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                        | Amcor PLC                                        | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |    189113 | NS      | $2252335.83   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                                  | Cemex SAB de CV                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |   1910155 | NS      | $772433.29    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd                      | Northern Star Resources Ltd                      | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    147335 | NS      | $1102554.53   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Mosaic Co/The                                    | Mosaic Co/The                                    | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     43192 | NS      | $1894833.04   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                                    | Celanese Corp                                    | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     12636 | NS      | $1291904.64   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                               | PPG Industries Inc                               | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     29870 | NS      | $3755853.80   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC                      | James Hardie Industries PLC                      | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |     56916 | NS      | $1024389.96   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Toray Industries Inc                             | Toray Industries Inc                             | CUSIP: 000000000<br>LEI: 35380099TCYR5FHT0A11 | Long             | EC               | CORP              | JP        |    207400 | NS      | $1153427.99   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                                    | Akzo Nobel NV                                    | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |     23157 | NS      | $1553893.20   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Nucor Corp                                       | Nucor Corp                                       | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     32604 | NS      | $4297533.24   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Chem Ltd                                      | LG Chem Ltd                                      | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EP               | CORP              | KR        |       967 | NS      | $213351.07    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Corteva Inc                                      | Corteva Inc                                      | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     90805 | NS      | $5337517.90   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                              | Vulcan Materials Co                              | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     16891 | NS      | $2957783.01   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                              | Eastman Chemical Co                              | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     15336 | NS      | $1248963.84   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| OZ Minerals Ltd                                  | OZ Minerals Ltd                                  | CUSIP: 000000000<br>LEI: 529900O2VBT5CL7EZT27 | Long             | EC               | CORP              | AU        |     42952 | NS      | $809609.40    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Gerdau SA                                        | Gerdau SA                                        | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |    132343 | NS      | $733180.22    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                           | MSCI EMGMKT MAR23                                | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         3 | NC      | $-2527.26     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                               | Teck Resources Ltd                               | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     56989 | NS      | $2153712.80   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                                  | Sealed Air Corp                                  | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     18385 | NS      | $917043.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Matthey PLC                              | Johnson Matthey PLC                              | CUSIP: 000000000<br>LEI: 2138001AVBSD1HSC6Z10 | Long             | EC               | CORP              | GB        |     25033 | NS      | $639772.79    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Packaging Corp of America                        | Packaging Corp of America                        | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     11712 | NS      | $1498081.92   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DS Smith PLC                                     | DS Smith PLC                                     | CUSIP: 000000000<br>LEI: 39RSBE4RCI4M15BLWH36 | Long             | EC               | CORP              | GB        |    176424 | NS      | $680538.27    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Newmont Corp                                     | Newmont Corp                                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    100876 | NS      | $4761347.20   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc                               | POSCO Holdings Inc                               | CUSIP: 000000000<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |      9336 | NS      | $2043200.15   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES   | BlackRock Cash Funds: Treasury, SL Agency Shares | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    200000 | NS      | $200000.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Ya Plastics Corp                             | Nan Ya Plastics Corp                             | CUSIP: 000000000<br>LEI: 254900L66RP14M9UOM28 | Long             | EC               | CORP              | TW        |    713940 | NS      | $1646495.05   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| DuPont de Nemours Inc                            | DuPont de Nemours Inc                            | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     63137 | NS      | $4333092.31   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                       | Symrise AG                                       | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |     16875 | NS      | $1832709.26   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                   | Air Liquide SA                                   | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     66519 | NS      | $9441393.21   | 3.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd                           | Agnico Eagle Mines Ltd                           | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |     57902 | NS      | $3008851.34   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                               | Steel Dynamics Inc                               | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     21198 | NS      | $2071044.60   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| JFE Holdings Inc                                 | JFE Holdings Inc                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     72900 | NS      | $845894.75    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp                                 | Asahi Kasei Corp                                 | CUSIP: 000000000<br>LEI: 353800GPI4Z3MGDGN142 | Long             | EC               | CORP              | JP        |    177500 | NS      | $1263548.08   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                    | Martin Marietta Materials Inc                    | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      7891 | NS      | $2666921.27   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp                                 | Nitto Denko Corp                                 | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |     19000 | NS      | $1094299.22   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                      | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     66110 | NS      | $4826420.61   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Chr Hansen Holding A/S                           | Chr Hansen Holding A/S                           | CUSIP: 000000000<br>LEI: 549300MKPW8ZF3E8MW37 | Long             | EC               | CORP              | DK        |     13176 | NS      | $947786.05    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Newcrest Mining Ltd                              | Newcrest Mining Ltd                              | CUSIP: 000000000<br>LEI: 5299006MN50OZJUJI655 | Long             | EC               | CORP              | AU        |    113581 | NS      | $1592667.77   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| BlueScope Steel Ltd                              | BlueScope Steel Ltd                              | CUSIP: 000000000<br>LEI: 529900H6UQI16XACWC95 | Long             | EC               | CORP              | AU        |     58443 | NS      | $666088.14    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                                          | Sika AG                                          | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |     19538 | NS      | $4696998.06   | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecolab Inc                                       | Ecolab Inc                                       | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     31493 | NS      | $4584121.08   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Arkema SA                                        | Arkema SA                                        | CUSIP: 000000000<br>LEI: 9695000EHMS84KKP2785 | Long             | EC               | CORP              | FR        |      8262 | NS      | $743124.09    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                        | Shin-Etsu Chemical Co Ltd                        | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |     53000 | NS      | $6471944.68   | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Paint Holdings Co Ltd                     | Nippon Paint Holdings Co Ltd                     | CUSIP: 000000000<br>LEI: 529900RYRJUN78A7PL87 | Long             | EC               | CORP              | JP        |    135500 | NS      | $1064229.55   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Novozymes A/S                                    | Novozymes A/S                                    | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     26485 | NS      | $1343681.21   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                    | Rio Tinto PLC                                    | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    134832 | NS      | $9490015.16   | 3.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                            | Mineral Resources Ltd                            | CUSIP: 000000000<br>LEI: 5299007V1ACKFFX2P066 | Long             | EC               | CORP              | AU        |     21152 | NS      | $1109558.92   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                          | BASF SE                                          | CUSIP: 000000000<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |    116729 | NS      | $5747571.29   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp                   | Mitsubishi Chemical Group Corp                   | CUSIP: 000000000<br>LEI: 353800YNKX4RQUGAR072 | Long             | EC               | CORP              | JP        |    182600 | NS      | $945323.59    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                             | Freeport-McMoRan Inc                             | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    181653 | NS      | $6902814.00   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                          | Vale SA                                          | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    491952 | NS      | $8348425.44   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                          | Sherwin-Williams Co/The                          | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     29970 | NS      | $7112780.10   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                                       | Boliden AB                                       | CUSIP: 000000000<br>LEI: 21380059QU7IM1ONDJ56 | Long             | EC               | CORP              | SE        |     34936 | NS      | $1312272.66   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Givaudan SA                                      | Givaudan SA                                      | CUSIP: 000000000<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |      1009 | NS      | $3090472.23   | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi PLC                                        | Mondi PLC                                        | CUSIP: 000000000<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |     61271 | NS      | $1036147.85   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                           | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     45043 | NS      | $1559839.09   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                                    | BHP Group Ltd                                    | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    643814 | NS      | $19943388.27  | 6.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Avery Dennison Corp                              | Avery Dennison Corp                              | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     10320 | NS      | $1867920.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Steel Corp                                | Nippon Steel Corp                                | CUSIP: 000000000<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |    120729 | NS      | $2094783.92   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Wheaton Precious Metals Corp                     | Wheaton Precious Metals Corp                     | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     57440 | NS      | $2244147.71   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HeidelbergCement AG                              | HeidelbergCement AG                              | CUSIP: 000000000<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |     18434 | NS      | $1044562.57   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                | Kinross Gold Corp                                | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |    160543 | NS      | $654503.22    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                     | LyondellBasell Industries NV                     | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     32279 | NS      | $2680125.37   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit Kappa Group PLC                          | Smurfit Kappa Group PLC                          | CUSIP: 000000000<br>LEI: 635400CPLP8H5ITDVT56 | Long             | EC               | CORP              | IE        |     33240 | NS      | $1231885.21   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA            | Sociedad Quimica y Minera de Chile SA            | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |     18151 | NS      | $1449175.84   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA                                  | Norsk Hydro ASA                                  | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |    174584 | NS      | $1304555.17   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc           | International Flavors & Fragrances Inc           | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     32403 | NS      | $3397130.52   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Metals Group Ltd                       | Fortescue Metals Group Ltd                       | CUSIP: 000000000<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |    215218 | NS      | $3008134.85   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Westrock Co                                      | Westrock Co                                      | CUSIP: 96145D105<br>LEI: 549300JEB576INN13W07 | Long             | EC               | CORP              | US        |     32433 | NS      | $1140344.28   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                       | CF Industries Holdings Inc                       | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     24919 | NS      | $2123098.80   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                                     | Glencore PLC                                     | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   1538619 | NS      | $10260501.91  | 3.47%             |  |  |  | No            |                  2 | On Loan: No      |
| SIG Group AG                                     | SIG Group AG                                     | CUSIP: 000000000<br>LEI: 5493004Z6P7TSVB1L042 | Long             | EC               | CORP              | CH        |     44015 | NS      | $961779.32    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | S+P500 EMINI FUT MAR23                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         1 | NC      | $-6829.58     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Solvay SA                                        | Solvay SA                                        | CUSIP: 000000000<br>LEI: 549300MMVL80RTBP3O28 | Long             | EC               | CORP              | BE        |      9261 | NS      | $936342.32    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene Oyj                                  | UPM-Kymmene Oyj                                  | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |     67832 | NS      | $2538364.89   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Pilbara Minerals Ltd                             | Pilbara Minerals Ltd                             | CUSIP: 000000000<br>LEI: 5299000VV1CZVF5K9C16 | Long             | EC               | CORP              | AU        |    333018 | NS      | $843284.54    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| South32 Ltd                                      | South32 Ltd                                      | CUSIP: 000000000<br>LEI: 213800LAZNPXSBKVHR17 | Long             | EC               | CORP              | AU        |    581049 | NS      | $1593020.36   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                 | ArcelorMittal SA                                 | CUSIP: 000000000<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |     72480 | NS      | $1912177.26   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal       | S+P/TSX 60 IX FUT MAR23                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |         2 | NC      | $-12353.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Chemical Co Ltd                         | Sumitomo Chemical Co Ltd                         | CUSIP: 000000000<br>LEI: 353800RSAU9BD8U4DM91 | Long             | EC               | CORP              | JP        |    210600 | NS      | $755132.34    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp                               | Franco-Nevada Corp                               | CUSIP: 351858105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     24359 | NS      | $3320487.91   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke DSM NV                               | Koninklijke DSM NV                               | CUSIP: 000000000<br>LEI: 724500SNT1MK246AHP04 | Long             | EC               | CORP              | NL        |     22214 | NS      | $2727758.32   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| CCL Industries Inc                               | CCL Industries Inc                               | CUSIP: 124900309<br>LEI: 549300TD3EMSRRC0YH75 | Long             | EC               | CORP              | CA        |     18345 | NS      | $783659.38    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Croda International PLC                          | Croda International PLC                          | CUSIP: 000000000<br>LEI: 2138004WCNBFJEEOXV26 | Long             | EC               | CORP              | GB        |     18070 | NS      | $1437984.38   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                           | Yara International ASA                           | CUSIP: 000000000<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | EC               | CORP              | NO        |     20739 | NS      | $910793.71    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American PLC                               | Anglo American PLC                               | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    169993 | NS      | $6656904.05   | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Empresas CMPC SA                                 | Empresas CMPC SA                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |    141805 | NS      | $236701.09    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                       | First Quantum Minerals Ltd                       | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |     71283 | NS      | $1489361.94   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Chem Ltd                                      | LG Chem Ltd                                      | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EC               | CORP              | KR        |      6011 | NS      | $2870428.62   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Barrick Gold Corp                                | Barrick Gold Corp                                | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    224560 | NS      | $3849363.07   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** iShares Trust

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer