# EDGAR Filing Document

**Accession Number:** 0000915092
**File Stem:** 0001410368-25-032154
**Filing Date:** 2025-11
**Character Count:** 150826
**Document Hash:** a06c5a1b4e2952757acd59cb52dff915
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-032154.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001410368-25-032154

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MASTER INVESTMENT PORTFOLIO
- **CENTRAL INDEX KEY:** 0000915092

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08162
- **FILM NUMBER:** 251525881

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 617 937 5524

**MAIL ADDRESS:**
- **STREET 1:** 200 CLARENDON STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

## Series and Classes Contracts Data

### International Tilts Master Portfolio (Series ID: S000043688)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000135466 | International Tilts Master Portfolio |  |

## Nport-Ex

September 30, 2025

2025 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Master Investment Portfolio** |
| • International Tilts Master Portfolio |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

September 30, 2025

**International Tilts Master Portfolio** 

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Australia — 7.1%** | **Australia — 7.1%** |  |
| Aristocrat Leisure Ltd. | 108318 | &nbsp;&nbsp; $5014413 |
| BHP Group Ltd., Class DI | 177006 | &nbsp;&nbsp; 4944698 |
| Coles Group Ltd. | 86034 | &nbsp;&nbsp; 1324306 |
| Commonwealth Bank of Australia | 102390 | &nbsp;&nbsp; 11307289 |
| Computershare Ltd. | 24665 | &nbsp;&nbsp; 592597 |
| Evolution Mining Ltd. | 350840 | &nbsp;&nbsp; 2500974 |
| Glencore PLC | 1081334 | &nbsp;&nbsp; 4980218 |
| Insurance Australia Group Ltd. | 9443 | &nbsp;&nbsp; 51169 |
| JB Hi-Fi Ltd. | 10076 | &nbsp;&nbsp; 773310 |
| Macquarie Group Ltd. | 38673 | &nbsp;&nbsp; 5613384 |
| Orica Ltd. | 2393 | &nbsp;&nbsp; 33420 |
| Pro Medicus Ltd.<sup>(a)</sup> | 6585 | &nbsp;&nbsp; 1340677 |
| Qantas Airways Ltd. | 181188 | &nbsp;&nbsp; 1309228 |
| QBE Insurance Group Ltd. | 137746 | &nbsp;&nbsp; 1874483 |
| REA Group Ltd. | 9554 | &nbsp;&nbsp; 1460979 |
| Rio Tinto PLC | 9871 | &nbsp;&nbsp; 650523 |
| Santos Ltd. | 194365 | &nbsp;&nbsp; 863147 |
| SEEK Ltd. | 38806 | &nbsp;&nbsp; 731197 |
| Sonic Healthcare Ltd. | 18806 | &nbsp;&nbsp; 266366 |
| South32 Ltd. | 97306 | &nbsp;&nbsp; 176388 |
| Telstra Group Ltd. | 740758 | &nbsp;&nbsp; 2361626 |
| Transurban Group | 163557 | &nbsp;&nbsp; 1492270 |
| Wesfarmers Ltd. | 81824 | &nbsp;&nbsp; 4977624 |
| Woodside Energy Group Ltd. | 2639 | &nbsp;&nbsp; 39852 |
| Worley Ltd. | 6750 | &nbsp;&nbsp; 62707 |
|  |  | &nbsp;&nbsp; 54742845 |
| **Austria — 0.2%** | **Austria — 0.2%** |  |
| BAWAG Group AG<sup>(b)</sup> | 12026 | &nbsp;&nbsp; 1585424 |
| Erste Group Bank AG | 2190 | &nbsp;&nbsp; 215283 |
|  |  | &nbsp;&nbsp; 1800707 |
| **Belgium — 0.2%** | **Belgium — 0.2%** |  |
| Ageas SA/NV | 25828 | &nbsp;&nbsp; 1791336 |
| **China — 0.8%** | **China — 0.8%** |  |
| BOC Hong Kong Holdings Ltd. | 52000 | &nbsp;&nbsp; 243608 |
| Prosus NV | 85474 | &nbsp;&nbsp; 6044296 |
|  |  | &nbsp;&nbsp; 6287904 |
| **Denmark — 0.5%** | **Denmark — 0.5%** |  |
| Genmab A/S<sup>(c)</sup> | 3677 | &nbsp;&nbsp; 1134532 |
| Novo Nordisk A/S, Class B | 35608 | &nbsp;&nbsp; 1982711 |
| Pandora A/S | 358 | &nbsp;&nbsp; 46808 |
| Tryg A/S | 32013 | &nbsp;&nbsp; 812784 |
|  |  | &nbsp;&nbsp; 3976835 |
| **Finland — 1.1%** | **Finland — 1.1%** |  |
| Elisa OYJ | 2921 | &nbsp;&nbsp; 153318 |
| Nokia OYJ | 540067 | &nbsp;&nbsp; 2597073 |
| Nordea Bank Abp | 209598 | &nbsp;&nbsp; 3450776 |
| Sampo OYJ, A Shares | 163487 | &nbsp;&nbsp; 1879602 |
|  |  | &nbsp;&nbsp; 8080769 |
| **France — 11.5%** | **France — 11.5%** |  |
| Accor SA | 275 | &nbsp;&nbsp; 13065 |
| Air Liquide SA | 14190 | &nbsp;&nbsp; 2956581 |
| AXA SA | 106922 | &nbsp;&nbsp; 5127449 |
| BNP Paribas SA | 107496 | &nbsp;&nbsp; 9831886 |
| Bureau Veritas SA | 69892 | &nbsp;&nbsp; 2192187 |
| Capgemini SE | 7179 | &nbsp;&nbsp; 1047254 |
| Carrefour SA | 79554 | &nbsp;&nbsp; 1205622 |
| Credit Agricole SA | 195680 | &nbsp;&nbsp; 3856085 |
| Danone SA | 35585 | &nbsp;&nbsp; 3100637 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **France (continued)** | **France (continued)** |  |
| Dassault Systemes SE | 53135 | &nbsp;&nbsp; $1787515 |
| Eiffage SA | 8166 | &nbsp;&nbsp; 1046211 |
| Engie SA | 194160 | &nbsp;&nbsp; 4173766 |
| Hermes International SCA | 2147 | &nbsp;&nbsp; 5279558 |
| Ipsen SA | 5150 | &nbsp;&nbsp; 691523 |
| L'Oreal SA | 2863 | &nbsp;&nbsp; 1243937 |
| LVMH Moet Hennessy Louis Vuitton SE | 15125 | &nbsp;&nbsp; 9307644 |
| Publicis Groupe SA | 34551 | &nbsp;&nbsp; 3324958 |
| Safran SA | 34909 | &nbsp;&nbsp; 12388124 |
| Societe Generale SA | 41682 | &nbsp;&nbsp; 2775034 |
| Thales SA | 11680 | &nbsp;&nbsp; 3692216 |
| TotalEnergies SE | 117579 | &nbsp;&nbsp; 7161574 |
| Veolia Environnement SA | 50570 | &nbsp;&nbsp; 1724538 |
| Vinci SA | 33374 | &nbsp;&nbsp; 4638051 |
|  |  | &nbsp;&nbsp; 88565415 |
| **Germany — 11.2%** | **Germany — 11.2%** |  |
| adidas AG, Class N | 25488 | &nbsp;&nbsp; 5400435 |
| Allianz SE, Registered Shares | 22120 | &nbsp;&nbsp; 9306479 |
| Deutsche Bank AG, Class N, Registered Shares | 137878 | &nbsp;&nbsp; 4883057 |
| Deutsche Post AG, Class N | 1456 | &nbsp;&nbsp; 65065 |
| Deutsche Telekom AG, Class N, Registered Shares | 327465 | &nbsp;&nbsp; 11156556 |
| E.ON SE, Class N | 172355 | &nbsp;&nbsp; 3246388 |
| GEA Group AG | 10644 | &nbsp;&nbsp; 786933 |
| Henkel AG & Co. KGaA | 3216 | &nbsp;&nbsp; 238713 |
| Infineon Technologies AG, Class N | 99246 | &nbsp;&nbsp; 3893437 |
| Jenoptik AG | 2 | &nbsp;&nbsp; 41 |
| LEG Immobilien SE | 6957 | &nbsp;&nbsp; 554457 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG in <br> Muenchen, Class N, Registered Shares<br>| 8641 | &nbsp;&nbsp; 5517055 |
| Nemetschek SE | 4034 | &nbsp;&nbsp; 526443 |
| Rheinmetall AG | 1778 | &nbsp;&nbsp; 4159048 |
| SAP SE | 72936 | &nbsp;&nbsp; 19529880 |
| Schaeffler AG | 11 | &nbsp;&nbsp; 74 |
| Siemens AG, Class N, Registered Shares | 23048 | &nbsp;&nbsp; 6222453 |
| Siemens Energy AG<sup>(c)</sup> | 88894 | &nbsp;&nbsp; 10452078 |
| Vonovia SE | 11921 | &nbsp;&nbsp; 372553 |
|  |  | &nbsp;&nbsp; 86311145 |
| **Hong Kong — 2.2%** | **Hong Kong — 2.2%** |  |
| AIA Group Ltd. | 1018200 | &nbsp;&nbsp; 9758391 |
| CK Asset Holdings Ltd. | 2500 | &nbsp;&nbsp; 12108 |
| Jardine Matheson Holdings Ltd. | 6900 | &nbsp;&nbsp; 435439 |
| Link REIT | 256200 | &nbsp;&nbsp; 1316352 |
| Sun Hung Kai Properties Ltd. | 84000 | &nbsp;&nbsp; 1004770 |
| Swire Pacific Ltd., Class A<sup>(a)</sup> | 34000 | &nbsp;&nbsp; 288141 |
| Techtronic Industries Co. Ltd. | 172000 | &nbsp;&nbsp; 2198715 |
| WH Group Ltd.<sup>(b)</sup> | 1569500 | &nbsp;&nbsp; 1699692 |
|  |  | &nbsp;&nbsp; 16713608 |
| **Ireland — 0.2%** | **Ireland — 0.2%** |  |
| Kerry Group PLC, Class A | 16036 | &nbsp;&nbsp; 1447693 |
| **Israel — 0.7%** | **Israel — 0.7%** |  |
| Bank Hapoalim BM | 48421 | &nbsp;&nbsp; 984262 |
| Bank Leumi Le-Israel BM | 57453 | &nbsp;&nbsp; 1131973 |
| Elbit Systems Ltd. | 1906 | &nbsp;&nbsp; 969666 |
| Isracard Ltd. | 1271 | &nbsp;&nbsp; 5136 |
| Israel Discount Bank Ltd., Class A | 46579 | &nbsp;&nbsp; 460188 |
| Mizrahi Tefahot Bank Ltd. | 12438 | &nbsp;&nbsp; 817248 |
| Nice Ltd.<sup>(c)</sup> | 5737 | &nbsp;&nbsp; 831085 |
| Nova Ltd.<sup>(c)</sup> | 173 | &nbsp;&nbsp; 55013 |
|  |  | &nbsp;&nbsp; 5254571 |
| **Italy — 2.7%** | **Italy — 2.7%** |  |
| A2A SpA | 168922 | &nbsp;&nbsp; 442074 |

---

------

Schedule of Investments (unaudited)(continued)

September 30, 2025

**International Tilts Master Portfolio** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Italy (continued)** | **Italy (continued)** |  |
| Amplifon SpA<sup>(a)</sup> | 33765 | &nbsp;&nbsp; $550713 |
| Banca Mediolanum SpA | 8497 | &nbsp;&nbsp; 170660 |
| Banca Monte dei Paschi di Siena SpA<sup>(a)</sup> | 545092 | &nbsp;&nbsp; 4850336 |
| BPER Banca SpA | 55566 | &nbsp;&nbsp; 618014 |
| Coca-Cola HBC AG, Class DI | 5550 | &nbsp;&nbsp; 261841 |
| Generali | 35247 | &nbsp;&nbsp; 1385208 |
| Infrastrutture Wireless Italiane SpA<sup>(b)</sup> | 36972 | &nbsp;&nbsp; 434474 |
| Intesa Sanpaolo SpA | 578813 | &nbsp;&nbsp; 3831266 |
| Leonardo SpA | 15552 | &nbsp;&nbsp; 995121 |
| MFE-MediaForEurope NV, Class A | 8 | &nbsp;&nbsp; 30 |
| Moncler SpA | 299 | &nbsp;&nbsp; 17597 |
| Nexi SpA<sup>(b)</sup> | 199506 | &nbsp;&nbsp; 1130259 |
| Poste Italiane SpA<sup>(b)</sup> | 17211 | &nbsp;&nbsp; 409123 |
| Snam SpA | 199258 | &nbsp;&nbsp; 1196391 |
| UniCredit SpA | 54264 | &nbsp;&nbsp; 4129224 |
|  |  | &nbsp;&nbsp; 20422331 |
| **Japan — 22.3%** | **Japan — 22.3%** |  |
| Amada Co. Ltd. | 37800 | &nbsp;&nbsp; 464536 |
| Asahi Intecc Co. Ltd. | 21600 | &nbsp;&nbsp; 351008 |
| Asahi Kasei Corp. | 74300 | &nbsp;&nbsp; 583977 |
| Astellas Pharma, Inc.<sup>(a)</sup> | 89500 | &nbsp;&nbsp; 975548 |
| Bridgestone Corp. | 5700 | &nbsp;&nbsp; 263443 |
| Canon, Inc.<sup>(a)</sup> | 175500 | &nbsp;&nbsp; 5121631 |
| Chugai Pharmaceutical Co. Ltd. | 14800 | &nbsp;&nbsp; 656150 |
| Concordia Financial Group Ltd. | 19300 | &nbsp;&nbsp; 147762 |
| CyberAgent, Inc. | 3200 | &nbsp;&nbsp; 38412 |
| Dai-ichi Life Holdings, Inc. | 134600 | &nbsp;&nbsp; 1058786 |
| Daiichi Sankyo Co. Ltd. | 39600 | &nbsp;&nbsp; 891008 |
| Daikin Industries Ltd. | 1000 | &nbsp;&nbsp; 115262 |
| Daiwa House Industry Co. Ltd. | 18300 | &nbsp;&nbsp; 657245 |
| Daiwa Securities Group, Inc. | 45100 | &nbsp;&nbsp; 366486 |
| DMG Mori Co. Ltd. | 46500 | &nbsp;&nbsp; 934351 |
| ENEOS Holdings, Inc. | 620200 | &nbsp;&nbsp; 3927853 |
| FANUC Corp. | 78900 | &nbsp;&nbsp; 2267345 |
| Fujitsu Ltd. | 154600 | &nbsp;&nbsp; 3626656 |
| Hitachi Ltd. | 357900 | &nbsp;&nbsp; 9481868 |
| Honda Motor Co. Ltd.<sup>(a)</sup> | 14900 | &nbsp;&nbsp; 153758 |
| Hulic Co. Ltd. | 52300 | &nbsp;&nbsp; 572912 |
| Inpex Corp. | 12500 | &nbsp;&nbsp; 225071 |
| Japan Airlines Co. Ltd. | 5900 | &nbsp;&nbsp; 118799 |
| Japan Exchange Group, Inc. | 29600 | &nbsp;&nbsp; 330542 |
| Japan Post Bank Co. Ltd. | 47000 | &nbsp;&nbsp; 575511 |
| Japan Post Holdings Co. Ltd. | 147800 | &nbsp;&nbsp; 1466959 |
| Japan Tobacco, Inc. | 181700 | &nbsp;&nbsp; 5959222 |
| Keyence Corp. | 7600 | &nbsp;&nbsp; 2831461 |
| Kubota Corp. | 51800 | &nbsp;&nbsp; 650836 |
| Kyocera Corp. | 52500 | &nbsp;&nbsp; 705269 |
| LY Corp. | 90800 | &nbsp;&nbsp; 291469 |
| McDonald's Holdings Co. Japan Ltd. | 12400 | &nbsp;&nbsp; 520039 |
| Mitsubishi Chemical Group Corp. | 37100 | &nbsp;&nbsp; 213108 |
| Mitsubishi Corp. | 94900 | &nbsp;&nbsp; 2262358 |
| Mitsubishi Electric Corp. | 7300 | &nbsp;&nbsp; 187491 |
| Mitsubishi Estate Co. Ltd. | 27300 | &nbsp;&nbsp; 627459 |
| Mitsubishi HC Capital, Inc.<sup>(a)</sup> | 32200 | &nbsp;&nbsp; 265994 |
| Mitsubishi Heavy Industries Ltd. | 125300 | &nbsp;&nbsp; 3278987 |
| Mitsubishi UFJ Financial Group, Inc. | 437400 | &nbsp;&nbsp; 7055861 |
| Mitsui & Co. Ltd. | 260700 | &nbsp;&nbsp; 6473493 |
| Mitsui Fudosan Co. Ltd. | 226700 | &nbsp;&nbsp; 2467880 |
| Mizuho Financial Group, Inc. | 96600 | &nbsp;&nbsp; 3247291 |
| MS&AD Insurance Group Holdings, Inc.<sup>(a)</sup> | 83100 | &nbsp;&nbsp; 1881876 |
| Murata Manufacturing Co. Ltd. | 188400 | &nbsp;&nbsp; 3576595 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Japan (continued)** | **Japan (continued)** |  |
| NEC Corp. | 231000 | &nbsp;&nbsp; $7394099 |
| Nomura Holdings, Inc. | 327700 | &nbsp;&nbsp; 2401605 |
| Nomura Real Estate Holdings, Inc. | 159200 | &nbsp;&nbsp; 1014518 |
| Nomura Research Institute Ltd. | 26900 | &nbsp;&nbsp; 1032746 |
| Obayashi Corp.<sup>(a)</sup> | 70100 | &nbsp;&nbsp; 1150587 |
| ORIX Corp. | 74200 | &nbsp;&nbsp; 1947452 |
| Otsuka Holdings Co. Ltd. | 7000 | &nbsp;&nbsp; 373315 |
| Pan Pacific International Holdings Corp. | 372900 | &nbsp;&nbsp; 2455152 |
| Panasonic Holdings Corp. | 132200 | &nbsp;&nbsp; 1434911 |
| Recruit Holdings Co. Ltd. | 107100 | &nbsp;&nbsp; 5758106 |
| Resona Holdings, Inc. | 69400 | &nbsp;&nbsp; 707692 |
| Secom Co. Ltd. | 17300 | &nbsp;&nbsp; 634692 |
| Shimizu Corp. | 69500 | &nbsp;&nbsp; 976322 |
| SMC Corp. | 2000 | &nbsp;&nbsp; 618184 |
| SoftBank Corp. | 1549000 | &nbsp;&nbsp; 2278267 |
| SoftBank Group Corp. | 30700 | &nbsp;&nbsp; 3873742 |
| Sompo Holdings, Inc. | 87000 | &nbsp;&nbsp; 2689652 |
| Sony Financial Group, Inc.<sup>(c)</sup> | 408900 | &nbsp;&nbsp; 453458 |
| Sony Group Corp. | 416800 | &nbsp;&nbsp; 11981625 |
| Sumitomo Chemical Co. Ltd. | 211200 | &nbsp;&nbsp; 664836 |
| Sumitomo Corp. | 144500 | &nbsp;&nbsp; 4180817 |
| Sumitomo Mitsui Financial Group, Inc. | 415500 | &nbsp;&nbsp; 11689202 |
| Sumitomo Mitsui Trust Group, Inc. | 36100 | &nbsp;&nbsp; 1047767 |
| Sumitomo Realty & Development Co. Ltd. | 800 | &nbsp;&nbsp; 35287 |
| Sysmex Corp. | 42700 | &nbsp;&nbsp; 527873 |
| T&D Holdings, Inc. | 17300 | &nbsp;&nbsp; 422877 |
| Takeda Pharmaceutical Co. Ltd.<sup>(a)</sup> | 110000 | &nbsp;&nbsp; 3230743 |
| Terumo Corp. | 169600 | &nbsp;&nbsp; 2797809 |
| Tokio Marine Holdings, Inc. | 90300 | &nbsp;&nbsp; 3821779 |
| Tokyo Electron Ltd. | 38600 | &nbsp;&nbsp; 6842505 |
| Tosoh Corp. | 1000 | &nbsp;&nbsp; 14794 |
| Toyota Motor Corp. | 484100 | &nbsp;&nbsp; 9297847 |
| Unicharm Corp. | 172800 | &nbsp;&nbsp; 1121035 |
|  |  | &nbsp;&nbsp; 172740864 |
| **Luxembourg — 0.0%** | **Luxembourg — 0.0%** |  |
| SES SA | 5 | &nbsp;&nbsp; 38 |
| **Macau — 0.0%** | **Macau — 0.0%** |  |
| Galaxy Entertainment Group Ltd. | 35000 | &nbsp;&nbsp; 192442 |
| **Mexico — 0.0%** | **Mexico — 0.0%** |  |
| Fresnillo PLC | 7922 | &nbsp;&nbsp; 252702 |
| **Netherlands — 3.3%** | **Netherlands — 3.3%** |  |
| Adyen NV<sup>(b)(c)</sup> | 733 | &nbsp;&nbsp; 1179455 |
| Argenx SE<sup>(c)</sup> | 1817 | &nbsp;&nbsp; 1342490 |
| ASM International NV | 587 | &nbsp;&nbsp; 354049 |
| ASML Holding NV | 15047 | &nbsp;&nbsp; 14673638 |
| ASR Nederland NV | 15243 | &nbsp;&nbsp; 1037276 |
| Euronext NV<sup>(b)</sup> | 1779 | &nbsp;&nbsp; 266337 |
| Koninklijke Ahold Delhaize NV | 59600 | &nbsp;&nbsp; 2411683 |
| Koninklijke KPN NV | 103133 | &nbsp;&nbsp; 494991 |
| NN Group NV | 15328 | &nbsp;&nbsp; 1080893 |
| Wolters Kluwer NV, Class C | 20532 | &nbsp;&nbsp; 2802616 |
|  |  | &nbsp;&nbsp; 25643428 |
| **New Zealand — 0.3%** | **New Zealand — 0.3%** |  |
| Fisher & Paykel Healthcare Corp. Ltd. | 5125 | &nbsp;&nbsp; 110083 |
| Xero Ltd.<sup>(c)</sup> | 20779 | &nbsp;&nbsp; 2168187 |
|  |  | &nbsp;&nbsp; 2278270 |
| **Norway — 0.9%** | **Norway — 0.9%** |  |
| Aker BP ASA | 18261 | &nbsp;&nbsp; 463452 |
| Aker Carbon Capture ASA | 9 | &nbsp;&nbsp; — |

---

Master Portfolio Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

September 30, 2025

**International Tilts Master Portfolio** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Norway (continued)** | **Norway (continued)** |  |
| Aker Horizons ASA<sup>(c)</sup> | 1 | &nbsp;&nbsp; $— |
| Aker Solutions ASA | 13 | &nbsp;&nbsp; 39 |
| DNB Bank ASA | 102562 | &nbsp;&nbsp; 2795429 |
| Equinor ASA<sup>(a)</sup> | 43201 | &nbsp;&nbsp; 1053504 |
| Gjensidige Forsikring ASA | 8307 | &nbsp;&nbsp; 244115 |
| Kongsberg Gruppen ASA | 48265 | &nbsp;&nbsp; 1542420 |
| Var Energi ASA | 248905 | &nbsp;&nbsp; 830969 |
|  |  | &nbsp;&nbsp; 6929928 |
| **Portugal — 0.1%** | **Portugal — 0.1%** |  |
| EDP SA | 137174 | &nbsp;&nbsp; 651023 |
| **Singapore — 1.2%** | **Singapore — 1.2%** |  |
| DBS Group Holdings Ltd. | 131900 | &nbsp;&nbsp; 5230860 |
| Singapore Technologies Engineering Ltd. | 156200 | &nbsp;&nbsp; 1043030 |
| Singapore Telecommunications Ltd.<sup>(a)</sup> | 1037000 | &nbsp;&nbsp; 3315358 |
|  |  | &nbsp;&nbsp; 9589248 |
| **Spain — 3.3%** | **Spain — 3.3%** |  |
| ACS Actividades de Construccion y Servicios SA | 13864 | &nbsp;&nbsp; 1111313 |
| Banco Bilbao Vizcaya Argentaria SA | 140616 | &nbsp;&nbsp; 2709620 |
| Banco Santander SA | 891690 | &nbsp;&nbsp; 9357680 |
| Bankinter SA | 49723 | &nbsp;&nbsp; 786037 |
| Iberdrola SA | 235252 | &nbsp;&nbsp; 4453165 |
| Industria de Diseno Textil SA | 69375 | &nbsp;&nbsp; 3839479 |
| Repsol SA | 42247 | &nbsp;&nbsp; 751246 |
| Telefonica SA | 513582 | &nbsp;&nbsp; 2642997 |
|  |  | &nbsp;&nbsp; 25651537 |
| **Sweden — 1.9%** | **Sweden — 1.9%** |  |
| AddTech AB, B Shares | 15157 | &nbsp;&nbsp; 493061 |
| Assa Abloy AB, Class B | 58708 | &nbsp;&nbsp; 2043500 |
| Atlas Copco AB, A Shares | 148131 | &nbsp;&nbsp; 2512003 |
| Essity AB, Class B | 26100 | &nbsp;&nbsp; 682231 |
| Getinge AB, B Shares | 26687 | &nbsp;&nbsp; 575185 |
| Industrivarden AB, Class A | 4399 | &nbsp;&nbsp; 174761 |
| Indutrade AB | 4660 | &nbsp;&nbsp; 107215 |
| Investment AB Latour, B Shares | 653 | &nbsp;&nbsp; 15505 |
| Investor AB, B Shares | 83721 | &nbsp;&nbsp; 2620828 |
| Saab AB, Class B | 5943 | &nbsp;&nbsp; 365151 |
| Skanska AB, B Shares | 35730 | &nbsp;&nbsp; 927404 |
| Swedish Orphan Biovitrum AB<sup>(c)</sup> | 8348 | &nbsp;&nbsp; 255184 |
| Tele2 AB, B Shares | 76646 | &nbsp;&nbsp; 1307473 |
| Telefonaktiebolaget LM Ericsson, B Shares | 248513 | &nbsp;&nbsp; 2059179 |
| Telia Co. AB | 77233 | &nbsp;&nbsp; 294641 |
|  |  | &nbsp;&nbsp; 14433321 |
| **Switzerland — 7.4%** | **Switzerland — 7.4%** |  |
| ABB Ltd., Class N, Registered Shares | 176805 | &nbsp;&nbsp; 12794197 |
| Accelleron Industries AG | 11777 | &nbsp;&nbsp; 997332 |
| Belimo Holding AG, Registered Shares | 677 | &nbsp;&nbsp; 712005 |
| Chocoladefabriken Lindt & Spruengli AG | 18 | &nbsp;&nbsp; 275196 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA, Class A, Registered <br> Shares<br>| 3782 | &nbsp;&nbsp; 726017 |
| DSM-Firmenich AG | 1277 | &nbsp;&nbsp; 108952 |
| Flughafen Zurich AG, Class N, Registered Shares | 906 | &nbsp;&nbsp; 277407 |
| Givaudan SA, Class N, Registered Shares | 683 | &nbsp;&nbsp; 2785984 |
| Helvetia Holding AG, Registered Shares | 164 | &nbsp;&nbsp; 40301 |
| Logitech International SA, Class N, Registered Shares | 28557 | &nbsp;&nbsp; 3141224 |
| Nestle SA, Class N, Registered Shares | 32535 | &nbsp;&nbsp; 2987859 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Switzerland (continued)** | **Switzerland (continued)** |  |
| Novartis AG, Class N, Registered Shares | 133292 | &nbsp;&nbsp; $17138463 |
| PSP Swiss Property AG, Class N, Registered Shares | 131 | &nbsp;&nbsp; 22539 |
| Schindler Holding AG, Class N, Registered Shares | 1001 | &nbsp;&nbsp; 362211 |
| SGS SA, Registered Shares | 19232 | &nbsp;&nbsp; 1998586 |
| UBS Group AG, Registered Shares | 209016 | &nbsp;&nbsp; 8593388 |
| Zurich Insurance Group AG, Class N | 6330 | &nbsp;&nbsp; 4524576 |
|  |  | &nbsp;&nbsp; 57486237 |
| **United Kingdom — 12.8%** | **United Kingdom — 12.8%** |  |
| 3i Group PLC | 701 | &nbsp;&nbsp; 38641 |
| Admiral Group PLC | 12112 | &nbsp;&nbsp; 546653 |
| AstraZeneca PLC | 72172 | &nbsp;&nbsp; 11056822 |
| BAE Systems PLC | 320640 | &nbsp;&nbsp; 8925469 |
| Barclays PLC | 1835871 | &nbsp;&nbsp; 9446142 |
| Beazley PLC | 23796 | &nbsp;&nbsp; 291024 |
| British American Tobacco PLC | 6590 | &nbsp;&nbsp; 350504 |
| CK Hutchison Holdings Ltd. | 493500 | &nbsp;&nbsp; 3242285 |
| Compass Group PLC | 59027 | &nbsp;&nbsp; 2011979 |
| Dunelm Group PLC | 3 | &nbsp;&nbsp; 45 |
| Entain PLC | 1932 | &nbsp;&nbsp; 22833 |
| Halma PLC | 29082 | &nbsp;&nbsp; 1353788 |
| HSBC Holdings PLC | 506329 | &nbsp;&nbsp; 7145879 |
| IG Group Holdings PLC | 48060 | &nbsp;&nbsp; 697053 |
| IMI PLC | 3976 | &nbsp;&nbsp; 122806 |
| Imperial Brands PLC | 96558 | &nbsp;&nbsp; 4101919 |
| InterContinental Hotels Group PLC | 20059 | &nbsp;&nbsp; 2425340 |
| Intertek Group PLC | 39116 | &nbsp;&nbsp; 2489885 |
| J Sainsbury PLC | 306912 | &nbsp;&nbsp; 1379945 |
| Lloyds Banking Group PLC | 3501976 | &nbsp;&nbsp; 3962779 |
| London Stock Exchange Group PLC | 59946 | &nbsp;&nbsp; 6874790 |
| Melrose Industries PLC | 5 | &nbsp;&nbsp; 41 |
| NatWest Group PLC | 608546 | &nbsp;&nbsp; 4298373 |
| Next PLC | 17078 | &nbsp;&nbsp; 2846967 |
| Pearson PLC | 6627 | &nbsp;&nbsp; 94243 |
| RELX PLC | 38629 | &nbsp;&nbsp; 1845647 |
| Rightmove PLC | 99850 | &nbsp;&nbsp; 953551 |
| Rolls-Royce Holdings PLC | 628157 | &nbsp;&nbsp; 10097148 |
| Sage Group PLC | 164824 | &nbsp;&nbsp; 2445080 |
| Segro PLC | 4134 | &nbsp;&nbsp; 36528 |
| Smith & Nephew PLC | 15895 | &nbsp;&nbsp; 288293 |
| Smiths Group PLC | 81219 | &nbsp;&nbsp; 2575060 |
| Unilever PLC | 55467 | &nbsp;&nbsp; 3278576 |
| Vodafone Group PLC | 3302712 | &nbsp;&nbsp; 3840727 |
|  |  | &nbsp;&nbsp; 99086815 |
| **United States — 5.6%** | **United States — 5.6%** |  |
| BP PLC | 337139 | &nbsp;&nbsp; 1935734 |
| Carnival PLC<sup>(c)</sup> | 4871 | &nbsp;&nbsp; 129474 |
| CSL Ltd. | 17542 | &nbsp;&nbsp; 2307583 |
| Experian PLC | 120554 | &nbsp;&nbsp; 6055084 |
| GSK PLC | 347875 | &nbsp;&nbsp; 7469559 |
| Holcim AG | 6853 | &nbsp;&nbsp; 584729 |
| Roche Holding AG | 35520 | &nbsp;&nbsp; 11848240 |

---

------

Schedule of Investments (unaudited)(continued)

September 30, 2025

**International Tilts Master Portfolio** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| Sanofi SA | 65865 | &nbsp;&nbsp; $6237017 |
| Shell PLC | 197795 | &nbsp;&nbsp; 7049610 |
|  |  | &nbsp;&nbsp; 43617030 |
| **Total Common Stocks — 97.5%** <br>**(Cost: $631,032,999)** | **Total Common Stocks — 97.5%** <br>**(Cost: $631,032,999)** | &nbsp;&nbsp; 753948042 |
| **Preferred Securities** | **Preferred Securities** | **Preferred Securities** |
| **Preferred Stocks — 0.2%** | **Preferred Stocks — 0.2%** | **Preferred Stocks — 0.2%** |
| **Germany — 0.2%** | **Germany — 0.2%** |  |
| Henkel AG & Co. KGaA | 20061 | &nbsp;&nbsp; 1618648 |
| Sartorius AG | 524 | &nbsp;&nbsp; 122499 |
|  |  | &nbsp;&nbsp; 1741147 |
| **Total Preferred Securities — 0.2%** <br>**(Cost: $1,764,119)** | **Total Preferred Securities — 0.2%** <br>**(Cost: $1,764,119)** | &nbsp;&nbsp; 1741147 |
| **Total Long-Term Investments — 97.7%** <br>**(Cost: $632,797,118)** | **Total Long-Term Investments — 97.7%** <br>**(Cost: $632,797,118)** | &nbsp;&nbsp; 755689189 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 3.5%** | **Money Market Funds — 3.5%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 4.26%<sup>(d)(e)(f)</sup><br>| 11079423 | &nbsp;&nbsp; 11084963 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.09%<sup>(d)(e)</sup><br>| 15866391 | &nbsp;&nbsp; 15866391 |
| **Total Short-Term Securities — 3.5%** <br>**(Cost: $26,951,580)** | **Total Short-Term Securities — 3.5%** <br>**(Cost: $26,951,580)** | &nbsp;&nbsp; 26951354 |
| **Total Investments — 101.2%** <br>**(Cost: $659,748,698)** | **Total Investments — 101.2%** <br>**(Cost: $659,748,698)** | &nbsp;&nbsp; 782640543 |
| **Liabilities in Excess of Other Assets — (1.2)%** | **Liabilities in Excess of Other Assets — (1.2)%** | &nbsp;&nbsp; (9359206)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $773281337 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

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

<sup>(d)</sup> Affiliate of the Master Portfolio.

<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 Master Portfolio during the period ended September 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* <br>*12/31/24*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*09/30/25*<br>| *Shares* <br>*Held at* <br>*09/30/25*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Institutional, SL Agency Shares | $2760544<br> $8325732 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $(918)<br>| $(395)<br>| $11084963 | 11079423 | $19553 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 6430160<br> 9436231 <br><sup>(a)</sup><br>| &nbsp;&nbsp; — |  |  | 15866391 | 15866391 | 446361 | &nbsp;&nbsp; — |
|  |  |  | $(918)<br>| $(395)<br>| $26951354 |  | $465914 | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<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 collateral investment fees, and other payments to and from borrowers of securities. 

Master Portfolio Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

September 30, 2025

**International Tilts Master Portfolio** 

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Long Contracts  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; MSCI EAFE Index | &nbsp;&nbsp; 112 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; $15598 | &nbsp;&nbsp;&nbsp;&nbsp; $(34919)<br>|

---

**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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the Master Portfolio has the ability to access for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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 Master Portfolio's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Master Portfolio's financial instruments categorized in the fair value hierarchy. The breakdown of the Master Portfolio's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $54742845 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $54742845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1800707 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1800707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1791336 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1791336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6287904 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6287904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3976835 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3976835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8080769 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8080769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 88565415 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 88565415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 86311145 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 86311145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp; 288141 | &nbsp;&nbsp;&nbsp;&nbsp; 16425467 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16713608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1447693 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1447693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5254571 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5254571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20422331 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20422331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp; 1574493 | &nbsp;&nbsp;&nbsp;&nbsp; 171166371 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 172740864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Macau | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 192442 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 192442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 252702 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 252702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25643428 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25643428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Zealand | &nbsp;&nbsp; 110083 | &nbsp;&nbsp;&nbsp;&nbsp; 2168187 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2278270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Norway | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6929928 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6929928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 651023 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 651023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 9589248 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 9589248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25651537 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 25651537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14433321 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14433321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 57486237 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 57486237 |

---

------

Schedule of Investments (unaudited)(continued)

September 30, 2025

**International Tilts Master Portfolio** 

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; $45 | &nbsp;&nbsp;&nbsp;&nbsp; $99086770 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $99086815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 43617030 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 43617030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1741147 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1741147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 26951354 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 26951354 |
|  | &nbsp;&nbsp; $28924116 | &nbsp;&nbsp;&nbsp;&nbsp; $753716427 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $782640543 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $(34919)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(34919)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| MSCI | Morgan Stanley Capital International |
| REIT | Real Estate Investment Trust |
| SCA | Societe en Commandite par Actions |

---

Master Portfolio Schedule of Investments

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Master Investment Portfolio

- **b. Investment Company Act file number:** 811-08162

- **c. CIK number of Registrant:** 0000915092

- **d. LEI of Registrant:** 5493004HQXF0DFT60U28

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** International Tilts Master Portfolio

- **b. EDGAR series identifier (if any):** S000043688

- **c. LEI of Series:** 5493004HUP3600ZFJ783

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $795027877.70

**Total Liabilities:** $33878583.95

**Net Assets:** $761149293.75

**Cash Not Reported:** $1181066.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000135466 | -2.27%               | 4.41%                | 3.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5621698.10              | $-21855212.31                              |
| Month 2  | $3702951.35              | $25366566.67                               |
| Month 3  | $5879300.45              | $15775103.07                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Swedish Orphan Biovitrum AB                               | Swedish Orphan Biovitrum AB                               | CUSIP: 000000000<br>LEI: 549300124Y3MQI87PT35 | Long             | EC               | CORP              | SE        |      8348 | NS      | $255183.48    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nemetschek SE                                             | Nemetschek SE                                             | CUSIP: 000000000<br>LEI: 529900R0S2IX1S358J38 | Long             | EC               | CORP              | DE        |      4034 | NS      | $526443.47    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                       | LVMH Moet Hennessy Louis Vuitton SE                       | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     15125 | NS      | $9307643.84   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Hong Kong Holdings Ltd                                | BOC Hong Kong Holdings Ltd                                | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |     52000 | NS      | $243608.08    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP SA                                                    | EDP SA                                                    | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | EC               | CORP              | PT        |    137174 | NS      | $651022.97    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands PLC                                       | Imperial Brands PLC                                       | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |     94760 | NS      | $4025537.09   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| LEG Immobilien SE                                         | LEG Immobilien SE                                         | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |      6957 | NS      | $554457.28    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia Oyj                                                 | Nokia Oyj                                                 | CUSIP: 000000000<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |    530091 | NS      | $2549100.35   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp                                             | SoftBank Corp                                             | CUSIP: 000000000<br>LEI: 353800M1YCTS9JRBJ535 | Long             | EC               | CORP              | JP        |   1518200 | NS      | $2232966.70   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                                | L'Oreal SA                                                | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |      2798 | NS      | $1215695.17   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Jenoptik AG                                               | Jenoptik AG                                               | CUSIP: 000000000<br>LEI: 529900P34GDHGXK6VB37 | Long             | EC               | CORP              | DE        |         2 | NS      | $40.60        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Saab AB                                                   | Saab AB                                                   | CUSIP: 000000000<br>LEI: 549300ZHO4JCQQI13M69 | Long             | EC               | CORP              | SE        |      5943 | NS      | $365151.12    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Schaeffler AG                                             | Schaeffler AG                                             | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | EC               | CORP              | DE        |        11 | NS      | $73.61        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SMC Corp                                                  | SMC Corp                                                  | CUSIP: 000000000<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |      2000 | NS      | $618184.07    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings Inc                        | MS&AD Insurance Group Holdings Inc                        | CUSIP: 000000000<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |     81400 | NS      | $1843378.32   | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| Chugai Pharmaceutical Co Ltd                              | Chugai Pharmaceutical Co Ltd                              | CUSIP: 000000000<br>LEI: 529900T9LAII161DCN95 | Long             | EC               | CORP              | JP        |     14800 | NS      | $656150.22    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Amplifon SpA                                              | Amplifon SpA                                              | CUSIP: 000000000<br>LEI: ZYXJDNVM2JI3VBM8G556 | Long             | EC               | CORP              | IT        |     33765 | NS      | $550712.66    | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| Argenx SE                                                 | Argenx SE                                                 | CUSIP: 000000000<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |      1782 | NS      | $1316630.50   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Skanska AB                                                | Skanska AB                                                | CUSIP: 000000000<br>LEI: 549300UINV5RINHGMG07 | Long             | EC               | CORP              | SE        |     35145 | NS      | $912219.34    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Aristocrat Leisure Ltd                                    | Aristocrat Leisure Ltd                                    | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |    106308 | NS      | $4921363.53   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| REA Group Ltd                                             | REA Group Ltd                                             | CUSIP: 000000000<br>LEI: 894500KA4UBDATOFPN36 | Long             | EC               | CORP              | AU        |      9374 | NS      | $1433454.04   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC                                  | Rolls-Royce Holdings PLC                                  | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    616519 | NS      | $9910075.91   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                           | BAE Systems PLC                                           | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |    314671 | NS      | $8759313.23   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Snam SpA                                                  | Snam SpA                                                  | CUSIP: 000000000<br>LEI: 8156002278562044AF79 | Long             | EC               | CORP              | IT        |    196325 | NS      | $1178780.48   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| BP PLC                                                    | BP PLC                                                    | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    330869 | NS      | $1899733.62   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                           | ASML Holding NV                                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     14767 | NS      | $14400585.50  | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco PLC                              | British American Tobacco PLC                              | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |      6590 | NS      | $350504.16    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG                    | Chocoladefabriken Lindt & Spruengli AG                    | CUSIP: 000000000<br>LEI: 529900JYJNNOKKAGK736 | Long             | EC               | CORP              | CH        |        18 | NS      | $275196.27    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd                                       | Macquarie Group Ltd                                       | CUSIP: 000000000<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | EC               | CORP              | AU        |     37948 | NS      | $5508150.34   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Rightmove PLC                                             | Rightmove PLC                                             | CUSIP: 000000000<br>LEI: 2138001JXGCFKBXYB828 | Long             | EC               | CORP              | GB        |     98275 | NS      | $938510.19    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc                        | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    429200 | NS      | $6923583.52   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Telecommunications Ltd                          | Singapore Telecommunications Ltd                          | CUSIP: 000000000<br>LEI: 2549003XJKIQO8YDYD89 | Long             | EC               | CORP              | SG        |   1017800 | NS      | $3253974.34   | 0.43%             |  |  |  | No            |                  2 | On Loan: —       |
| BPER Banca SPA                                            | BPER Banca SPA                                            | CUSIP: 000000000<br>LEI: N747OI7JINV7RUUH6190 | Long             | EC               | CORP              | IT        |     55566 | NS      | $618013.74    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Insurance Australia Group Ltd                             | Insurance Australia Group Ltd                             | CUSIP: 000000000<br>LEI: 549300PFEWKNHRG25N08 | Long             | EC               | CORP              | AU        |      9443 | NS      | $51169.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                                        | Publicis Groupe SA                                        | CUSIP: 000000000<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |     33891 | NS      | $3261444.18   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesfarmers Ltd                                            | Wesfarmers Ltd                                            | CUSIP: 000000000<br>LEI: 5493003L32ZX9557ST85 | Long             | EC               | CORP              | AU        |     80259 | NS      | $4882420.29   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                              | Unilever PLC                                              | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     54370 | NS      | $3213734.03   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                            | Commonwealth Bank of Australia                            | CUSIP: 000000000<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | EC               | CORP              | AU        |    100476 | NS      | $11095918.75  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                    | SAP SE                                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     71579 | NS      | $19166519.49  | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                                          | ASR Nederland NV                                          | CUSIP: 000000000<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |     14996 | NS      | $1020467.53   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Monte dei Paschi di Siena SpA                       | Banca Monte dei Paschi di Siena SpA                       | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | EC               | CORP              | IT        |    535132 | NS      | $4761709.90   | 0.63%             |  |  |  | No            |                  2 | On Loan: —       |
| Aker Carbon Capture ASA                                   | Aker Carbon Capture ASA                                   | CUSIP: 000000000<br>LEI: 549300JXF011KX2HXT02 | Long             | EC               | CORP              | NO        |         9 | NS      | $0.15         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                                 | Holcim AG                                                 | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |      6853 | NS      | $584728.71    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour SA                                              | Carrefour SA                                              | CUSIP: 000000000<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | EC               | CORP              | FR        |     78001 | NS      | $1182086.79   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House Industry Co Ltd                               | Daiwa House Industry Co Ltd                               | CUSIP: 000000000<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |     18300 | NS      | $657244.67    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| AddTech AB                                                | AddTech AB                                                | CUSIP: 000000000<br>LEI: 549300QZ5U2IDRHPWL60 | Long             | EC               | CORP              | SE        |     15157 | NS      | $493060.75    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    105458 | NS      | $9645485.22   | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Hapoalim BM                                          | Bank Hapoalim BM                                          | CUSIP: 000000000<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | EC               | CORP              | IL        |     47500 | NS      | $965540.89    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp                                           | Sony Group Corp                                           | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    408900 | NS      | $11754526.46  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Heavy Industries Ltd                           | Mitsubishi Heavy Industries Ltd                           | CUSIP: 000000000<br>LEI: 353800TJ98PCAZROVE69 | Long             | EC               | CORP              | JP        |    122900 | NS      | $3216181.46   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                                 | Shell PLC                                                 | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    194087 | NS      | $6917453.31   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrivarden AB                                         | Industrivarden AB                                         | CUSIP: 000000000<br>LEI: 549300TM1DLIQI3B3T37 | Long             | EC               | CORP              | SE        |      4399 | NS      | $174761.45    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                                     | Mitsui Fudosan Co Ltd                                     | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    222400 | NS      | $2421069.92   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Investment AB Latour                                      | Investment AB Latour                                      | CUSIP: 000000000<br>LEI: 5493006GFBLNB3Y0Y789 | Long             | EC               | CORP              | SE        |       653 | NS      | $15505.11     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution Mining Ltd                                      | Evolution Mining Ltd                                      | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |    344386 | NS      | $2454965.91   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Leumi Le-Israel BM                                   | Bank Leumi Le-Israel BM                                   | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | EC               | CORP              | IL        |     56347 | NS      | $1110181.88   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizrahi Tefahot Bank Ltd                                  | Mizrahi Tefahot Bank Ltd                                  | CUSIP: 000000000<br>LEI: YZO9YEGEO4VYDZMDWF93 | Long             | EC               | CORP              | IL        |     12205 | NS      | $801939.01    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Getinge AB                                                | Getinge AB                                                | CUSIP: 000000000<br>LEI: 5493003PZ4F570G3W735 | Long             | EC               | CORP              | SE        |     26687 | NS      | $575185.14    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                              | Iberdrola SA                                              | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    230855 | NS      | $4369932.46   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                                    | DBS Group Holdings Ltd                                    | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    129400 | NS      | $5131716.10   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Helvetia Holding AG                                       | Helvetia Holding AG                                       | CUSIP: 000000000<br>LEI: 529900SUJBXTORH0LT80 | Long             | EC               | CORP              | CH        |       164 | NS      | $40301.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd                                               | Fujitsu Ltd                                               | CUSIP: 000000000<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |    151700 | NS      | $3558627.27   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ACS Actividades de Construccion y Servicios SA            | ACS Actividades de Construccion y Servicios SA            | CUSIP: 000000000<br>LEI: 95980020140005558665 | Long             | EC               | CORP              | ES        |     13634 | NS      | $1092876.08   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Xero Ltd                                                  | Xero Ltd                                                  | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |     20414 | NS      | $2130100.78   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Real Estate Holdings Inc                           | Nomura Real Estate Holdings Inc                           | CUSIP: 000000000<br>LEI: 353800UZ91CT24OL9P59 | Long             | EC               | CORP              | JP        |    156600 | NS      | $997949.16    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| GEA Group AG                                              | GEA Group AG                                              | CUSIP: 000000000<br>LEI: 549300PHUU0ZZWO8EO07 | Long             | EC               | CORP              | DE        |     10644 | NS      | $786933.13    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd                                                   | ABB Ltd                                                   | CUSIP: 000000000<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |    173554 | NS      | $12558944.10  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                       | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     40894 | NS      | $2722571.42   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM International NV                                      | ASM International NV                                      | CUSIP: 000000000<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |       587 | NS      | $354048.93    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd                                               | Hitachi Ltd                                               | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    351200 | NS      | $9304364.72   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Next PLC                                                  | Next PLC                                                  | CUSIP: 000000000<br>LEI: 213800WQD8ECPZP9PH98 | Long             | EC               | CORP              | GB        |     16762 | NS      | $2794288.36   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Jardine Matheson Holdings Ltd                             | Jardine Matheson Holdings Ltd                             | CUSIP: 000000000<br>LEI: 2138009KENVUNWOLPK41 | Long             | EC               | CORP              | BM        |      6900 | NS      | $435439.42    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| T&D Holdings Inc                                          | T&D Holdings Inc                                          | CUSIP: 000000000<br>LEI: 3538008ARJ1MACEWA242 | Long             | EC               | CORP              | JP        |     17300 | NS      | $422876.53    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                                 | Thales SA                                                 | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |     11457 | NS      | $3621722.65   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd                                        | Tokyo Electron Ltd                                        | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     37900 | NS      | $6718418.06   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimizu Corp                                              | Shimizu Corp                                              | CUSIP: 000000000<br>LEI: 353800BRAE0QFP3ZLY22 | Long             | EC               | CORP              | JP        |     68200 | NS      | $958059.51    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                                  | Tele2 AB                                                  | CUSIP: 000000000<br>LEI: 213800EKD193RVI9HL76 | Long             | EC               | CORP              | SE        |     75279 | NS      | $1284153.66   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co KGaA                                       | Henkel AG & Co KGaA                                       | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EP               | CORP              | DE        |     19709 | NS      | $1590246.62   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                  | Lloyds Banking Group PLC                                  | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |   3437213 | NS      | $3889493.93   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Genmab A/S                                                | Genmab A/S                                                | CUSIP: 000000000<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |      3612 | NS      | $1114476.26   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kubota Corp                                               | Kubota Corp                                               | CUSIP: 000000000<br>LEI: 549300CSY4INHEHQQT13 | Long             | EC               | CORP              | JP        |     51800 | NS      | $650836.26    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Ageas SA/NV                                               | Ageas SA/NV                                               | CUSIP: 000000000<br>LEI: 5493005DJBML6LY3RV36 | Long             | EC               | CORP              | BE        |     25463 | NS      | $1766020.51   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Dunelm Group PLC                                          | Dunelm Group PLC                                          | CUSIP: 000000000<br>LEI: 213800WCOWEI3T5DUV19 | Long             | EC               | CORP              | GB        |         3 | NS      | $45.35        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandora A/S                                               | Pandora A/S                                               | CUSIP: 000000000<br>LEI: 5299007OWYZ6I1E46843 | Long             | EC               | CORP              | DK        |       358 | NS      | $46807.57     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                          | Roche Holding AG                                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     33301 | NS      | $11088682.48  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon Inc                                                 | Canon Inc                                                 | CUSIP: 000000000<br>LEI: 529900JH1GSC035SSP77 | Long             | EC               | CORP              | JP        |    172200 | NS      | $5025326.66   | 0.66%             |  |  |  | No            |                  2 | On Loan: —       |
| Sampo Oyj                                                 | Sampo Oyj                                                 | CUSIP: 000000000<br>LEI: 743700UF3RL386WIDA22 | Long             | EC               | CORP              | FI        |    160441 | NS      | $1844581.93   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Holdings Co Ltd                                    | Otsuka Holdings Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7000 | NS      | $373315.02    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Daikin Industries Ltd                                     | Daikin Industries Ltd                                     | CUSIP: 000000000<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |      1000 | NS      | $115262.08    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Essity AB                                                 | Essity AB                                                 | CUSIP: 000000000<br>LEI: 549300G8E6YUVJ1DA153 | Long             | EC               | CORP              | SE        |     26100 | NS      | $682231.07    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group PLC                                              | 3i Group PLC                                              | CUSIP: 000000000<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |       701 | NS      | $38641.18     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd                      | Sumitomo Realty & Development Co Ltd                      | CUSIP: 000000000<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |       800 | NS      | $35287.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                          | TotalEnergies SE                                          | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    115337 | NS      | $7025016.84   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                                          | Novo Nordisk A/S                                          | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     34938 | NS      | $1945404.57   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                         | NatWest Group PLC                                         | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    597244 | NS      | $4218542.69   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichi Sankyo Co Ltd                                     | Daiichi Sankyo Co Ltd                                     | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |     38800 | NS      | $873007.53    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                                  | RELX PLC                                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     37873 | NS      | $1809526.56   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Funds III                                       | BlackRock Cash Funds: Institutional, SL Agency Shares     | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  11294601 | NS      | $11300248.66  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| LY Corp                                                   | LY Corp                                                   | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |     90800 | NS      | $291468.81    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius AG                                              | Sartorius AG                                              | CUSIP: 000000000<br>LEI: 529900EQV2DY4FOAMU38 | Long             | EP               | CORP              | DE        |       524 | NS      | $122498.92    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Holdings Inc                                       | Nomura Holdings Inc                                       | CUSIP: 000000000<br>LEI: 549300B3CEAHYG7K8164 | Long             | EC               | CORP              | JP        |    321600 | NS      | $2356899.72   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                             | Industria de Diseno Textil SA                             | CUSIP: 000000000<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |     68041 | NS      | $3765650.66   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Bank Co Ltd                                    | Japan Post Bank Co Ltd                                    | CUSIP: 000000000<br>LEI: 5493006JVO6N2HC2XZ76 | Long             | EC               | CORP              | JP        |     47000 | NS      | $575510.71    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Accor SA                                                  | Accor SA                                                  | CUSIP: 000000000<br>LEI: 969500QZC2Q0TK11NV07 | Long             | EC               | CORP              | FR        |       275 | NS      | $13065.36     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings Inc                                | Dai-ichi Life Holdings Inc                                | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |    132000 | NS      | $1038333.85   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co KGaA                                       | Henkel AG & Co KGaA                                       | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EC               | CORP              | DE        |      3216 | NS      | $238712.85    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Tryg A/S                                                  | Tryg A/S                                                  | CUSIP: 000000000<br>LEI: 213800ZRS8AC4LSTCE39 | Long             | EC               | CORP              | DK        |     32013 | NS      | $812784.51    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                                            | Rheinmetall AG                                            | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      1744 | NS      | $4079515.79   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Pearson PLC                                               | Pearson PLC                                               | CUSIP: 000000000<br>LEI: 2138004JBXWWJKIURC57 | Long             | EC               | CORP              | GB        |      6627 | NS      | $94243.02     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Group Inc                                | Daiwa Securities Group Inc                                | CUSIP: 000000000<br>LEI: 353800WRC7Y23PWFJG38 | Long             | EC               | CORP              | JP        |     45100 | NS      | $366485.92    | 0.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Adyen NV                                                  | Adyen NV                                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |       718 | NS      | $1155318.87   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Group PLC                                           | Kerry Group PLC                                           | CUSIP: 000000000<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |     15740 | NS      | $1420971.02   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Energy Group Ltd                                 | Woodside Energy Group Ltd                                 | CUSIP: 000000000<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |      2639 | NS      | $39851.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Group Inc                           | Sumitomo Mitsui Trust Group Inc                           | CUSIP: 000000000<br>LEI: 353800P843RLCDBLNT17 | Long             | EC               | CORP              | JP        |     35500 | NS      | $1030352.47   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                    | AXA SA                                                    | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |    104784 | NS      | $5024920.76   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                                   | GSK PLC                                                   | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    341370 | NS      | $7329883.50   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa Oyj                                                 | Elisa Oyj                                                 | CUSIP: 000000000<br>LEI: 743700TU2S3DXWGU7H32 | Long             | EC               | CORP              | FI        |      2921 | NS      | $153318.21    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Amada Co Ltd                                              | Amada Co Ltd                                              | CUSIP: 000000000<br>LEI: 529900QF5O6TQGCPDX85 | Long             | EC               | CORP              | JP        |     37800 | NS      | $464536.52    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group PLC                                          | Smiths Group PLC                                          | CUSIP: 000000000<br>LEI: 213800MJL6IPZS3ASA11 | Long             | EC               | CORP              | GB        |     79870 | NS      | $2532289.22   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker Horizons ASA                                         | Aker Horizons ASA                                         | CUSIP: 000000000<br>LEI: 549300SX4Z9T612Q0N59 | Long             | EC               | CORP              | NO        |         1 | NS      | $0.06         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Admiral Group PLC                                         | Admiral Group PLC                                         | CUSIP: 000000000<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |     12112 | NS      | $546653.18    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA                               | Cie Financiere Richemont SA                               | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |      3616 | NS      | $694150.13    | 0.09%             |  |  |  | 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        |  15866391 | NS      | $15866391.19  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                                                 | adidas AG                                                 | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     25011 | NS      | $5299367.83   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Bureau Veritas SA                                         | Bureau Veritas SA                                         | CUSIP: 000000000<br>LEI: 969500TPU5T3HA5D1F11 | Long             | EC               | CORP              | FR        |     68575 | NS      | $2150878.67   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd                                         | Telstra Group Ltd                                         | CUSIP: 000000000<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |    727342 | NS      | $2318854.03   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                              | DNB Bank ASA                                              | CUSIP: 000000000<br>LEI: 549300GKFG0RYRRQ1414 | Long             | EC               | CORP              | NO        |    100665 | NS      | $2743724.55   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Santos Ltd                                                | Santos Ltd                                                | CUSIP: 000000000<br>LEI: 5299000RK70B5O2M7077 | Long             | EC               | CORP              | AU        |    191069 | NS      | $848509.84    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd                               | Sun Hung Kai Properties Ltd                               | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |     82000 | NS      | $980846.76    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co Ltd                                           | Mitsui & Co Ltd                                           | CUSIP: 000000000<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |    255800 | NS      | $6351820.25   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group PLC                                         | Compass Group PLC                                         | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     57889 | NS      | $1973189.17   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma Inc                                       | Astellas Pharma Inc                                       | CUSIP: 000000000<br>LEI: 529900IB708DY2HBBB35 | Long             | EC               | CORP              | JP        |     87900 | NS      | $958108.26    | 0.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Smith & Nephew PLC                                        | Smith & Nephew PLC                                        | CUSIP: 000000000<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |     15895 | NS      | $288292.87    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley PLC                                               | Beazley PLC                                               | CUSIP: 000000000<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |     23796 | NS      | $291024.26    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Airlines Co Ltd                                     | Japan Airlines Co Ltd                                     | CUSIP: 000000000<br>LEI: 3538002MH5L1QZZ93477 | Long             | EC               | CORP              | JP        |      5900 | NS      | $118798.72    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd                              | Techtronic Industries Co Ltd                              | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |    168500 | NS      | $2153973.53   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                            | Air Liquide SA                                            | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     13899 | NS      | $2895949.53   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                                 | Nestle SA                                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     31915 | NS      | $2930921.49   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Concordia Financial Group Ltd                             | Concordia Financial Group Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19300 | NS      | $147761.84    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Entertainment Group Ltd                            | Galaxy Entertainment Group Ltd                            | CUSIP: 000000000<br>LEI: 549300ZSEBV3HR826S10 | Long             | EC               | CORP              | HK        |     35000 | NS      | $192442.48    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp                                              | Keyence Corp                                              | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |      7400 | NS      | $2756948.54   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                          | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EC               | CORP              | DE        |    135354 | NS      | $4793667.25   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                                         | Wolters Kluwer NV                                         | CUSIP: 000000000<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     20145 | NS      | $2749790.40   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| A2A SpA                                                   | A2A SpA                                                   | CUSIP: 000000000<br>LEI: 81560076E3944316DB24 | Long             | EC               | CORP              | IT        |    168922 | NS      | $442073.63    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Pan Pacific International Holdings Corp                   | Pan Pacific International Holdings Corp                   | CUSIP: 000000000<br>LEI: 529900QLHJM2E18A5763 | Long             | EC               | CORP              | JP        |    366000 | NS      | $2409722.62   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| DMG Mori Co Ltd                                           | DMG Mori Co Ltd                                           | CUSIP: 000000000<br>LEI: 353800P4I3FIXTQV2E13 | Long             | EC               | CORP              | JP        |     45700 | NS      | $918275.99    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| McDonald's Holdings Co Japan Ltd                          | McDonald's Holdings Co Japan Ltd                          | CUSIP: 000000000<br>LEI: 529900FY9FV0AYNRC729 | Long             | EC               | CORP              | JP        |     12400 | NS      | $520039.04    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Secom Co Ltd                                              | Secom Co Ltd                                              | CUSIP: 000000000<br>LEI: 529900TYCL9N3E9PGE47 | Long             | EC               | CORP              | JP        |     17300 | NS      | $634691.93    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp                                          | Asahi Kasei Corp                                          | CUSIP: 000000000<br>LEI: 353800GPI4Z3MGDGN142 | Long             | EC               | CORP              | JP        |     74300 | NS      | $583977.45    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Link REIT                                                 | Link REIT                                                 | CUSIP: 000000000<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               |  | HK        |    251700 | NS      | $1293231.39   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co Ltd                               | Murata Manufacturing Co Ltd                               | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    184800 | NS      | $3508252.29   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                                             | Assa Abloy AB                                             | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |     57639 | NS      | $2006290.07   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group PLC                           | London Stock Exchange Group PLC                           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     58822 | NS      | $6745886.30   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| DSM-Firmenich AG                                          | DSM-Firmenich AG                                          | CUSIP: 000000000<br>LEI: 506700G44V67MPM4BI12 | Long             | EC               | CORP              | CH        |      1277 | NS      | $108951.48    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                                  | Engie SA                                                  | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |    190338 | NS      | $4091605.98   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group PLC/The                                        | Sage Group PLC/The                                        | CUSIP: 000000000<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |    161900 | NS      | $2401703.71   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Repsol SA                                                 | Repsol SA                                                 | CUSIP: 000000000<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |     42247 | NS      | $751245.82    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd                             | Nomura Research Institute Ltd                             | CUSIP: 000000000<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |     26400 | NS      | $1013549.79   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Indutrade AB                                              | Indutrade AB                                              | CUSIP: 000000000<br>LEI: 549300FISLQ6CEFP1867 | Long             | EC               | CORP              | SE        |      4660 | NS      | $107215.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Resona Holdings Inc                                       | Resona Holdings Inc                                       | CUSIP: 000000000<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |     69400 | NS      | $707692.43    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                       | Intesa Sanpaolo SpA                                       | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |    568291 | NS      | $3761619.22   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd                                   | Recruit Holdings Co Ltd                                   | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    105000 | NS      | $5645202.43   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco AB                                            | Atlas Copco AB                                            | CUSIP: 000000000<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |    145294 | NS      | $2463892.84   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                           | AstraZeneca PLC                                           | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     70825 | NS      | $10850460.39  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                                        | Koninklijke KPN NV                                        | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |    103133 | NS      | $494990.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX Corp                                                 | ORIX Corp                                                 | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |     72700 | NS      | $1908082.69   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| FANUC Corp                                                | FANUC Corp                                                | CUSIP: 000000000<br>LEI: 529900QTSW745LOKW705 | Long             | EC               | CORP              | JP        |     77300 | NS      | $2221366.21   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| SEEK Ltd                                                  | SEEK Ltd                                                  | CUSIP: 000000000<br>LEI: 549300209NEKXBC8QO27 | Long             | EC               | CORP              | AU        |     38806 | NS      | $731197.03    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Kongsberg Gruppen ASA                                     | Kongsberg Gruppen ASA                                     | CUSIP: 000000000<br>LEI: 5967007LIEEXZXJ9HK73 | Long             | EC               | CORP              | NO        |     47361 | NS      | $1513530.76   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Holdings Co Ltd                                | Japan Post Holdings Co Ltd                                | CUSIP: 000000000<br>LEI: 5299003D9N4JBS256X18 | Long             | EC               | CORP              | JP        |    145100 | NS      | $1440160.40   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                        | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |    191831 | NS      | $3780236.13   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                                         | Toyota Motor Corp                                         | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |    475100 | NS      | $9124989.37   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Inpex Corp                                                | Inpex Corp                                                | CUSIP: 000000000<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |     12500 | NS      | $225070.81    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco Inc                                         | Japan Tobacco Inc                                         | CUSIP: 000000000<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | EC               | CORP              | JP        |    178200 | NS      | $5844432.46   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                       | Deutsche Telekom AG                                       | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    321355 | NS      | $10948391.81  | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| SES SA                                                    | SES SA                                                    | CUSIP: 000000000<br>LEI: 5493008JPA4HYMH1HX51 | Long             | EC               | CORP              | LU        |         5 | NS      | $38.25        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Schindler Holding AG                                      | Schindler Holding AG                                      | CUSIP: 000000000<br>LEI: 5299007DRLI319H7Q933 | Long             | EC               | CORP              | CH        |      1001 | NS      | $362210.93    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Veolia Environnement SA                                   | Veolia Environnement SA                                   | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     49603 | NS      | $1691561.76   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Fisher & Paykel Healthcare Corp Ltd                       | Fisher & Paykel Healthcare Corp Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |      5125 | NS      | $110083.68    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PSP Swiss Property AG                                     | PSP Swiss Property AG                                     | CUSIP: 000000000<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |       131 | NS      | $22538.71     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                             | Rio Tinto PLC                                             | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |      9871 | NS      | $650522.63    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Honda Motor Co Ltd                                        | Honda Motor Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |     14900 | NS      | $153757.93    | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Japan Exchange Group Inc                                  | Japan Exchange Group Inc                                  | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | Long             | EC               | CORP              | JP        |     29600 | NS      | $330542.35    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                                                   | IMI PLC                                                   | CUSIP: 000000000<br>LEI: 2138002W9Q21PF751R30 | Long             | EC               | CORP              | GB        |      3976 | NS      | $122805.84    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                             | Koninklijke Ahold Delhaize NV                             | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |     58523 | NS      | $2368103.26   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Var Energi ASA                                            | Var Energi ASA                                            | CUSIP: 000000000<br>LEI: 549300LIVN3FFOJN2K47 | Long             | EC               | CORP              | NO        |    244590 | NS      | $816562.62    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE Futures U.S., Inc.                                    | MSCI EAFE DEC25                                           | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |       114 | NC      | $-35990.93    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| J Sainsbury PLC                                           | J Sainsbury PLC                                           | CUSIP: 000000000<br>LEI: 213800VGZAAJIKJ9Y484 | Long             | EC               | CORP              | GB        |    301395 | NS      | $1355138.89   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Accelleron Industries AG                                  | Accelleron Industries AG                                  | CUSIP: 000000000<br>LEI: 254900KS0MD2PAARXD14 | Long             | EC               | CORP              | CH        |     11628 | NS      | $984714.25    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker Solutions ASA                                        | Aker Solutions ASA                                        | CUSIP: 000000000<br>LEI: 5967007LIEEXZXG42836 | Long             | EC               | CORP              | NO        |        13 | NS      | $39.06        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IG Group Holdings PLC                                     | IG Group Holdings PLC                                     | CUSIP: 000000000<br>LEI: 2138003A5Q1M7ANOUD76 | Long             | EC               | CORP              | GB        |     48060 | NS      | $697053.43    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Worley Ltd                                                | Worley Ltd                                                | CUSIP: 000000000<br>LEI: 549300XDR86FY8OLGP97 | Long             | EC               | CORP              | AU        |      6750 | NS      | $62707.28     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Intecc Co Ltd                                       | Asahi Intecc Co Ltd                                       | CUSIP: 000000000<br>LEI: 353800J3AV2SCNIO8L39 | Long             | EC               | CORP              | JP        |     21600 | NS      | $351007.62    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Belimo Holding AG                                         | Belimo Holding AG                                         | CUSIP: 000000000<br>LEI: 506700339DLX749VEM23 | Long             | EC               | CORP              | CH        |       677 | NS      | $712005.11    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                                          | Coca-Cola HBC AG                                          | CUSIP: 000000000<br>LEI: 549300EFP3TNG7JGVE49 | Long             | EC               | CORP              | CH        |      5550 | NS      | $261841.10    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Leonardo SpA                                              | Leonardo SpA                                              | CUSIP: 000000000<br>LEI: 529900X4EEX1U9LN3U39 | Long             | EC               | CORP              | IT        |     15267 | NS      | $976884.56    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Logitech International SA                                 | Logitech International SA                                 | CUSIP: 000000000<br>LEI: 549300SN6PRK6IJJC215 | Long             | EC               | CORP              | CH        |     28057 | NS      | $3086225.24   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Bankinter SA                                              | Bankinter SA                                              | CUSIP: 000000000<br>LEI: VWMYAEQSTOPNV0SUGU82 | Long             | EC               | CORP              | ES        |     49723 | NS      | $786037.32    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp                            | Mitsubishi Chemical Group Corp                            | CUSIP: 000000000<br>LEI: 353800YNKX4RQUGAR072 | Long             | EC               | CORP              | JP        |     37100 | NS      | $213107.84    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Ipsen SA                                                  | Ipsen SA                                                  | CUSIP: 000000000<br>LEI: 549300M6SGDPB4Z94P11 | Long             | EC               | CORP              | FR        |      5150 | NS      | $691522.86    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co Ltd                                  | Mitsubishi Estate Co Ltd                                  | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |     27300 | NS      | $627458.62    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd                                                   | CSL Ltd                                                   | CUSIP: 000000000<br>LEI: 529900ECSECK5ZDQTE14 | Long             | EC               | CORP              | AU        |     17210 | NS      | $2263909.74   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                            | BAWAG Group AG                                            | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |     11816 | NS      | $1557739.42   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Melrose Industries PLC                                    | Melrose Industries PLC                                    | CUSIP: 000000000<br>LEI: 213800RGNXXZY2M7TR85 | Long             | EC               | CORP              | GB        |         5 | NS      | $41.17        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc                       | Sumitomo Mitsui Financial Group Inc                       | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |    407700 | NS      | $11469766.18  | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| QBE Insurance Group Ltd                                   | QBE Insurance Group Ltd                                   | CUSIP: 000000000<br>LEI: 549300D2FBW76FPUSG65 | Long             | EC               | CORP              | AU        |    135186 | NS      | $1839645.75   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Carnival PLC                                              | Carnival PLC                                              | CUSIP: 000000000<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | EC               | CORP              | GB        |      4871 | NS      | $129473.97    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Givaudan SA                                               | Givaudan SA                                               | CUSIP: 000000000<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |       669 | NS      | $2728877.34   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                                 | Prosus NV                                                 | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     83869 | NS      | $5930798.82   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Group Ltd                                              | WH Group Ltd                                              | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |   1540000 | NS      | $1667744.63   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit SpA                                             | UniCredit SpA                                             | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     53271 | NS      | $4053661.22   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                                 | Zurich Insurance Group AG                                 | CUSIP: 000000000<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |      6214 | NS      | $4441661.11   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                                 | Danone SA                                                 | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     34890 | NS      | $3040078.93   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                          | Roche Holding AG                                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      1589 | NS      | $549778.03    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Orica Ltd                                                 | Orica Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      2393 | NS      | $33419.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica SA                                             | Telefonica SA                                             | CUSIP: 000000000<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |    504874 | NS      | $2598183.68   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |     21705 | NS      | $9131877.20   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                                   | E.ON SE                                                   | CUSIP: 000000000<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |    169153 | NS      | $3186077.20   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi Ltd                                              | JB Hi-Fi Ltd                                              | CUSIP: 000000000<br>LEI: 529900TPC8H040Y3ZQ65 | Long             | EC               | CORP              | AU        |     10076 | NS      | $773310.36    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |    205185 | NS      | $8435881.83   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Tosoh Corp                                                | Tosoh Corp                                                | CUSIP: 000000000<br>LEI: 529900YSLFVJF2MDBX02 | Long             | EC               | CORP              | JP        |      1000 | NS      | $14793.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd                                             | BHP Group Ltd                                             | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    173648 | NS      | $4850891.22   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Generali                                                  | Generali                                                  | CUSIP: 000000000<br>LEI: 549300X5UKJVE386ZB61 | Long             | EC               | CORP              | IT        |     34620 | NS      | $1360567.03   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian PLC                                              | Experian PLC                                              | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |    118337 | NS      | $5943730.51   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Eiffage SA                                                | Eiffage SA                                                | CUSIP: 000000000<br>LEI: 969500OQXKE5WDM9M994 | Long             | EC               | CORP              | FR        |      8005 | NS      | $1025583.90   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexi SpA                                                  | Nexi SpA                                                  | CUSIP: 000000000<br>LEI: 5493000P70CQRQG8SN85 | Long             | EC               | CORP              | IT        |    196072 | NS      | $1110804.26   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MFE-MediaForEurope NV                                     | MFE-MediaForEurope NV                                     | CUSIP: 000000000<br>LEI: 213800DIFN7NR7B97A50 | Long             | EC               | CORP              | NL        |         8 | NS      | $29.90        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Computershare Ltd                                         | Computershare Ltd                                         | CUSIP: 000000000<br>LEI: 21380085HOKTMGLV9G93 | Long             | EC               | CORP              | AU        |     24665 | NS      | $592597.38    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Bridgestone Corp                                          | Bridgestone Corp                                          | CUSIP: 000000000<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |      5700 | NS      | $263443.34    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp                                       | SoftBank Group Corp                                       | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |     30100 | NS      | $3798033.41   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronext NV                                               | Euronext NV                                               | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |      1779 | NS      | $266336.79    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sompo Holdings Inc                                        | Sompo Holdings Inc                                        | CUSIP: 000000000<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |     85300 | NS      | $2637095.14   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Hermes International SCA                                  | Hermes International SCA                                  | CUSIP: 000000000<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      2096 | NS      | $5154147.04   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                                 | Sanofi SA                                                 | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     64601 | NS      | $6117324.37   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp                                  | Mitsubishi Electric Corp                                  | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |      7300 | NS      | $187491.24    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                              | Capgemini SE                                              | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |      7033 | NS      | $1025955.97   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings Inc                                        | ENEOS Holdings Inc                                        | CUSIP: 000000000<br>LEI: 3538001KQ5SAOZSQTT44 | Long             | EC               | CORP              | JP        |    609000 | NS      | $3856921.39   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                                  | Vinci SA                                                  | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     32726 | NS      | $4547997.18   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |   1802127 | NS      | $9272518.43   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Corp                                             | Sumitomo Corp                                             | CUSIP: 000000000<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |    141800 | NS      | $4102697.83   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Infrastrutture Wireless Italiane SpA                      | Infrastrutture Wireless Italiane SpA                      | CUSIP: 000000000<br>LEI: 81560066183FE361C071 | Long             | EC               | CORP              | IT        |     36972 | NS      | $434474.08    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Hutchison Holdings Ltd                                 | CK Hutchison Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 254900Z8HM1VEPOQ2G79 | Long             | EC               | CORP              | KY        |    484000 | NS      | $3179870.33   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm Corp                                             | Unicharm Corp                                             | CUSIP: 000000000<br>LEI: 353800UQ4BZIJTAQEG85 | Long             | EC               | CORP              | JP        |    169500 | NS      | $1099626.74   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresnillo PLC                                             | Fresnillo PLC                                             | CUSIP: 000000000<br>LEI: 549300JXWH1UV5J0XV81 | Long             | EC               | CORP              | GB        |      7922 | NS      | $252701.55    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nice Ltd                                                  | Nice Ltd                                                  | CUSIP: 000000000<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |      5629 | NS      | $815439.69    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Technologies Engineering Ltd                    | Singapore Technologies Engineering Ltd                    | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |    153300 | NS      | $1023664.89   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                        | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |    875130 | NS      | $9183894.21   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                           | CUSIP: 000000000<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |    205592 | NS      | $3384822.05   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Flughafen Zurich AG                                       | Flughafen Zurich AG                                       | CUSIP: 000000000<br>LEI: 529900PFO97GCN5SYB55 | Long             | EC               | CORP              | CH        |       906 | NS      | $277407.42    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysmex Corp                                               | Sysmex Corp                                               | CUSIP: 000000000<br>LEI: 5299001ZO4CKWACMZI55 | Long             | EC               | CORP              | JP        |     42700 | NS      | $527872.71    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                                | Siemens AG                                                | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     22619 | NS      | $6106632.26   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                               | NN Group NV                                               | CUSIP: 000000000<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |     15075 | NS      | $1063052.12   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Pacific Ltd                                         | Swire Pacific Ltd                                         | CUSIP: 000000000<br>LEI: 549300KZOZHII0DGF611 | Long             | EC               | CORP              | HK        |     34000 | NS      | $288141.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Panasonic Holdings Corp                                   | Panasonic Holdings Corp                                   | CUSIP: 000000000<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |    129600 | NS      | $1406690.08   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |      8478 | NS      | $5412984.28   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Hulic Co Ltd                                              | Hulic Co Ltd                                              | CUSIP: 000000000<br>LEI: 3538002E12E7IHAKTB10 | Long             | EC               | CORP              | JP        |     52300 | NS      | $572911.84    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Financial Group Inc                                  | Sony Financial Group Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    408900 | NS      | $453457.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                          | Deutsche Post AG                                          | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      1456 | NS      | $65064.80     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital Inc                                 | Mitsubishi HC Capital Inc                                 | CUSIP: 000000000<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | EC               | CORP              | JP        |     32200 | NS      | $265994.19    | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Terumo Corp                                               | Terumo Corp                                               | CUSIP: 000000000<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |    166400 | NS      | $2745020.11   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberAgent Inc                                            | CyberAgent Inc                                            | CUSIP: 000000000<br>LEI: 3538006T5KZABPGS8Q08 | Long             | EC               | CORP              | JP        |      3200 | NS      | $38411.76     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Transurban Group                                          | Transurban Group                                          | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |    160508 | NS      | $1464451.30   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore PLC                                              | Glencore PLC                                              | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   1061322 | NS      | $4888050.46   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson                           | Telefonaktiebolaget LM Ericsson                           | CUSIP: 000000000<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    243898 | NS      | $2020939.52   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                              | Takeda Pharmaceutical Co Ltd                              | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    107900 | NS      | $3169065.11   | 0.42%             |  |  |  | No            |                  2 | On Loan: —       |
| SGS SA                                                    | SGS SA                                                    | CUSIP: 000000000<br>LEI: 2138007JNS19JHNA2336 | Long             | EC               | CORP              | CH        |     18894 | NS      | $1963461.20   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Isracard Ltd                                              | Isracard Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      1271 | NS      | $5135.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pro Medicus Ltd                                           | Pro Medicus Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      6463 | NS      | $1315838.66   | 0.17%             |  |  |  | No            |                  2 | On Loan: —       |
| Mizuho Financial Group Inc                                | Mizuho Financial Group Inc                                | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     94700 | NS      | $3183421.15   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                                       | Erste Group Bank AG                                       | CUSIP: 000000000<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |      2190 | NS      | $215282.61    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                                      | Dassault Systemes SE                                      | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     52063 | NS      | $1751452.30   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Mediolanum SpA                                      | Banca Mediolanum SpA                                      | CUSIP: 000000000<br>LEI: 7LVZJ6XRIE7VNZ4UBX81 | Long             | EC               | CORP              | IT        |      8497 | NS      | $170660.39    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Poste Italiane SpA                                        | Poste Italiane SpA                                        | CUSIP: 000000000<br>LEI: 815600354DEDBD0BA991 | Long             | EC               | CORP              | IT        |     17211 | NS      | $409123.48    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |   3242788 | NS      | $3771041.23   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Vonovia SE                                                | Vonovia SE                                                | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |     11921 | NS      | $372552.82    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyocera Corp                                              | Kyocera Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     52500 | NS      | $705268.67    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| South32 Ltd                                               | South32 Ltd                                               | CUSIP: 000000000<br>LEI: 213800LAZNPXSBKVHR17 | Long             | EC               | CORP              | AU        |     97306 | NS      | $176388.18    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                               | Aker BP ASA                                               | CUSIP: 000000000<br>LEI: 549300NFTY73920OYK69 | Long             | EC               | CORP              | NO        |     18261 | NS      | $463452.11    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Telia Co AB                                               | Telia Co AB                                               | CUSIP: 000000000<br>LEI: 213800FSR9RNDUOTXO25 | Long             | EC               | CORP              | SE        |     77233 | NS      | $294641.34    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Chemical Co Ltd                                  | Sumitomo Chemical Co Ltd                                  | CUSIP: 000000000<br>LEI: 353800RSAU9BD8U4DM91 | Long             | EC               | CORP              | JP        |    211200 | NS      | $664835.77    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                               | Novartis AG                                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |    130824 | NS      | $16821131.19  | 2.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro PLC                                                 | Segro PLC                                                 | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               |  | GB        |      4134 | NS      | $36528.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                             | AIA Group Ltd                                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    999000 | NS      | $9574378.80   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp                                                  | NEC Corp                                                  | CUSIP: 000000000<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |    226700 | NS      | $7256460.11   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Healthcare Ltd                                      | Sonic Healthcare Ltd                                      | CUSIP: 000000000<br>LEI: 549300NQQ5L2NONWR862 | Long             | EC               | CORP              | AU        |     18806 | NS      | $266365.89    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd                                     | CK Asset Holdings Ltd                                     | CUSIP: 000000000<br>LEI: 5299006GJZSGP78B8S35 | Long             | EC               | CORP              | KY        |      2500 | NS      | $12107.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Safran SA                                                 | Safran SA                                                 | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     34253 | NS      | $12155329.40  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Nova Ltd                                                  | Nova Ltd                                                  | CUSIP: 000000000<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |       173 | NS      | $55013.38     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Elbit Systems Ltd                                         | Elbit Systems Ltd                                         | CUSIP: 000000000<br>LEI: 529900Q9CB1REUMZSS32 | Long             | EC               | CORP              | IL        |      1868 | NS      | $950333.49    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Entain PLC                                                | Entain PLC                                                | CUSIP: 000000000<br>LEI: 213800GNI3K45LQR8L28 | Long             | EC               | CORP              | IM        |      1932 | NS      | $22833.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Israel Discount Bank Ltd                                  | Israel Discount Bank Ltd                                  | CUSIP: 000000000<br>LEI: 549300XWZ7BG5G23OF51 | Long             | EC               | CORP              | IL        |     46579 | NS      | $460187.78    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokio Marine Holdings Inc                                 | Tokio Marine Holdings Inc                                 | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     88500 | NS      | $3745597.59   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| InterContinental Hotels Group PLC                         | InterContinental Hotels Group PLC                         | CUSIP: 000000000<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |     19697 | NS      | $2381570.83   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Energy AG                                         | Siemens Energy AG                                         | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     87241 | NS      | $10257720.05  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Gjensidige Forsikring ASA                                 | Gjensidige Forsikring ASA                                 | CUSIP: 000000000<br>LEI: 5967007LIEEXZX6FAO47 | Long             | EC               | CORP              | NO        |      8307 | NS      | $244115.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                               | Equinor ASA                                               | CUSIP: 000000000<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |     42325 | NS      | $1032141.55   | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Infineon Technologies AG                                  | Infineon Technologies AG                                  | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |     97432 | NS      | $3822273.49   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp                                             | Obayashi Corp                                             | CUSIP: 000000000<br>LEI: 529900YT4O5S0LCXWD54 | Long             | EC               | CORP              | JP        |     68800 | NS      | $1129249.45   | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| Intertek Group PLC                                        | Intertek Group PLC                                        | CUSIP: 000000000<br>LEI: 2138003GAT25WW1RN369 | Long             | EC               | CORP              | GB        |     38430 | NS      | $2446218.12   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Coles Group Ltd                                           | Coles Group Ltd                                           | CUSIP: 000000000<br>LEI: 549300OHQRG2HN8LZ793 | Long             | EC               | CORP              | AU        |     84437 | NS      | $1299723.72   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Qantas Airways Ltd                                        | Qantas Airways Ltd                                        | CUSIP: 000000000<br>LEI: YLXNW6TI6QSK1H8H0N82 | Long             | EC               | CORP              | AU        |    177834 | NS      | $1284992.76   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                               | Investor AB                                               | CUSIP: 000000000<br>LEI: 549300VEBQPHRZBKUX38 | Long             | EC               | CORP              | SE        |     82119 | NS      | $2570678.82   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                                 | Halma PLC                                                 | CUSIP: 000000000<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |     28600 | NS      | $1331350.29   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    137976 | NS      | $2658748.43   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Corp                                           | Mitsubishi Corp                                           | CUSIP: 000000000<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |     93000 | NS      | $2217063.22   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                         | HSBC Holdings PLC                                         | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |    496772 | NS      | $7010999.92   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-29

**Name of Applicant:** Master Investment Portfolio

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer