# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-012289
**Filing Date:** 2023-1
**Character Count:** 18591
**Document Hash:** ccb8622f9cd552170c70301a7ccff231
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-012289.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001752724-23-012289

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**PERIOD START**: 20230831

**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:** 23551443

**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 Currency Hedged MSCI Japan ETF (Series ID: S000043043)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000133234 | iShares Currency Hedged MSCI Japan ETF | HEWJ            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> Currency Hedged MSCI Japan ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Investment Companies** |  |  |
| **Exchange-Traded Funds — 100.7%** |  |  |
| iShares MSCI Japan ETF<sup>(a)</sup> | 4871506 | $271830035 |
| **Total Investment Companies** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $335,630,883)** |  | 271830035 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 0.8%** |  |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 3.64%<sup>(a)(b)</sup> | 2050000 | 2050000 |
| **Total Short-Term Securities — 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $2,050,000)** |  | 2050000 |
| **Total Investments in Securities — 101.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $337,680,883)** |  | 273880035 |
| **Liabilities in Excess of Other Assets — (1.5)%** |  | (3924604) |
| **Net Assets — 100.0%** |  | $269955431 |

---

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 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> 08/31/22* | *Purchases<br> at Cost* | *Proceeds<br> from Sale* | *Net Realized <br> Gain (Loss)* | *Change in<br> Unrealized<br> Appreciation<br> (Depreciation)* | *Value at<br> 11/30/22* | *Shares<br> Held at<br> 11/30/22* | *Income* | *Capital<br> Gain<br> Distributions<br> from<br> Underlying<br> Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares<sup>(a)</sup> | $— | $14874 <sup>(b)</sup> | $— | $(14874) | $— | $— |  | $26481 | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 1710000 | 340000 <sup>(b)</sup> |  |  |  | 2050000 | 2050000 | 2323 |  |
| iShares MSCI Japan ETF | 463540692 | 132197690 | (330156978) | (47780342) | 54028973 | 271830035 | 4871506 |  |  |
|  |  |  |  | $(47795216) | $54028973 | $273880035 |  | $28804 | $— |

---

<sup>(a)</sup> As of period end, the entity is no longer held.

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

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

**Forward Foreign Currency Exchange Contracts**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| JPY | 574529000 | USD | 3929150 | HSBC Bank PLC | 12/02/22 | $231390 |
| JPY | 7685221000 | USD | 54996517 | JPMorgan Chase Bank N.A. | 12/02/22 | 657195 |
| JPY | 854031000 | USD | 6052007 | State Street Bank and Trust Co. | 12/02/22 | 132590 |
| JPY | 40186489000 | USD | 287996659 | Toronto Dominion Bank | 12/02/22 | 3019989 |
| JPY | 172132000 | USD | 1240555 | Bank of New York | 01/04/23 | 11491 |
| JPY | 1492701000 | USD | 10745081 | Citibank N.A. | 01/04/23 | 112458 |
|  |  |  |  |  |  | 4165113 |
| USD | 12168648 | JPY | 1802470000 | Bank of New York | 12/02/22 | (884216) |
| USD | 593624 | JPY | 82207000 | Bank of America N.A. | 12/02/22 | (1690) |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Currency Hedged MSCI Japan ETF** |
| November 30, 2022 |  |

---

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| USD | 13795006 | JPY | 2043657000 | Citibank N.A. | 12/02/22 | $(1004451) |
| USD | 284039 | JPY | 39546000 | HSBC Bank PLC | 12/02/22 | (2340) |
| USD | 303664 | JPY | 42364000 | Morgan Stanley & Co. International PLC | 12/02/22 | (3122) |
| USD | 305657558 | JPY | 45280997000 | Toronto Dominion Bank | 12/02/22 | (22251755) |
| USD | 62168 | JPY | 9029000 | UBS AG | 12/02/22 | (3217) |
| JPY | 1109395000 | USD | 8071558 | JPMorgan Chase Bank N.A. | 01/04/23 | (2092) |
| USD | 1936610 | JPY | 266712000 | Morgan Stanley & Co. International PLC | 01/04/23 | (3387) |
| USD | 285124674 | JPY | 39610090000 | Toronto Dominion Bank | 01/04/23 | (2989358) |
|  |  |  |  |  |  | (27145628) |
|  |  |  |  |  |  | $(22980515) |

---

**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;&nbsp;Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment Companies | $271830035 | $— | $— | $271830035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 2050000 |  |  | 2050000 |
|  | $273880035 | $— | $— | $273880035 |
| Derivative financial instruments<sup>(a)</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts | $— | $4165113 | $— | $4165113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  | (27145628) |  | (27145628) |
|  | $— | $(22980515) | $— | $(22980515) |

---

<sup>(a)</sup> Derivative financial instruments are forward foreign currency exchange contracts. Forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Currency Hedged MSCI Japan ETF** |
| November 30, 2022 |  |

---

---

| | |
|:---|:---|
| **Currency Abbreviations** | **Currency Abbreviations** |
| JPY | Japanese Yen |
| USD | United States Dollar |

---

## 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 Currency Hedged MSCI Japan ETF

- **b. EDGAR series identifier (if any):** S000043043

- **c. LEI of Series:** 549300CK235E4TFHFR08

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $314377417.81

**Total Liabilities:** $36416231.28

**Net Assets:** $277961186.53

**Cash Not Reported:** $6747.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000133234 | -4.55%               | 5.24%                | 4.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1689517.03             | $-39288298.31                              |
| Month 2  | $-25697785.09            | $35797220.66                               |
| Month 3  | $-13556352.34            | $50662625.24                               |

**Designated Index Information**

- **Index Name:** MSCI Japan 100% Hedged to USD Index

- **Index Identifier:** M0JPHUSD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bank of New York Mellon                        | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: HPFHU0OQ28E4N0NFVK49 | N/A              | DFE              |  | US        |         1 | NC      | $-884216.29   | -0.32%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC         | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-3386.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                       | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $231631.47    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC         | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-1396.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                         | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-3216.81     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                  | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | JP        |         1 | NC      | $231389.94    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America N.A.                           | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-1690.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank                          | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | JP        |         1 | NC      | $39326.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                  | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $-2339.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                       | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $47874.79     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank                          | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $-22251755.10 | -8.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank N.A.                                  | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-1004451.05  | -0.36%            |  |  |  | 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        |   2050000 | NS      | $2050000.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. International PLC         | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-1725.29     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| iShares MSCI Japan ETF                         | iShares MSCI Japan ETF                           | CUSIP: 46434G822<br>LEI: 5493008I6YRUC6I0S051 | Long             | EC               | RF                | US        |   5380232 | NS      | $300216945.60 | 108.01%           |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | JP        |         1 | NC      | $132590.18    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                       | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $162656.51    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                       | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $215032.08    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-29

**Name of Applicant:** iShares Trust

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer