# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0002071691-25-002334
**Filing Date:** 2025-9
**Character Count:** 23291
**Document Hash:** 5f40c8148b943465f9f29c375a607308
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-002334.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002071691-25-002334

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251347030

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

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

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

## Series and Classes Contracts Data

### iShares Select U.S. REIT ETF (Series ID: S000004349)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000012079 | iShares Select U.S. REIT ETF | ICF             |

## Nport-Ex

Schedule

of

Investments

(unaudited)

July

31,

2025

#### iShares

####®

#### Select

#### U.S.

#### REIT

#### ETF

#### (Percentages

#### shown

#### are

#### based

#### on

#### Net

#### Assets)

#### Affiliates
Investments

in

issuers

considered

to

be

affiliate(s)

of

the

Fund

during

the period

ended

July

31,

2025

for

purposes

of

Section

2(a)(3)

of

the

Investment

Company

Act

of

1940,

as

amended,

were

as

follows:

*Security*

*Shares*

*Shares*

*Value*

#### Common

#### Stocks

#### Health

#### Care

#### REITs

#### —

#### 10.6%
Alexandria

Real

Estate

Equities,

Inc.

........

391,015

$

29,885,276

Welltower,

Inc.

.......................

1,035,600

170,946,492

200,831,768

#### Hotel

#### &

#### Resort

#### REITs

#### —

#### 1.5%
Host

Hotels

&

Resorts,

Inc.

..............

1,818,326

28,584,085

#### Industrial

#### REITs

#### —

#### 9.6%
Prologis,

Inc.

........................

1,480,749

158,114,378

Rexford

Industrial

Realty,

Inc.

............

639,008

23,342,962

181,457,340

#### Office

#### REITs

#### —

#### 1.3%
BXP,

Inc.

..........................

387,085

25,326,972

#### Residential

#### REITs

#### —

#### 18.1%
American

Homes

Rent

,

Class

A

..........

790,604

27,426,053

AvalonBay

Communities,

Inc.

............

310,022

57,750,898

Equity

LifeStyle

Properties,

Inc.

...........

475,524

28,493,398

Equity

Residential

....................

762,931

48,217,239

Essex

Property

Trust,

Inc.

...............

148,705

38,690,067

Invitation

Homes,

Inc.

..................

1,304,539

39,984,121

Mid-America

Apartment

Communities,

Inc.

....

268,838

38,290,596

Sun

Communities,

Inc.

.................

286,532

35,538,564

UDR,

Inc.

..........................

741,670

29,140,214

343,531,150

#### Retail

#### REITs

#### —

#### 14.3%
Federal

Realty

Investment

Trust

...........

219,718

20,249,211

Kimco

Realty

Corp.

...................

1,646,368

34,952,392

Realty

Income

Corp.

...................

1,718,507

96,459,798

Regency

Centers

Corp.

................

410,780

29,329,692

Simon

Property

Group,

Inc.

..............

542,735

88,894,566

269,885,659

*Security*

*Shares*

*Shares*

*Value*

#### Specialized

#### REITs

#### —

#### 44.4%
American

Tower

Corp.

.................

698,058

$

145,468,307

Crown

Castle,

Inc.

....................

821,542

86,335,849

Digital

Realty

Trust,

Inc.

................

621,338

109,628,877

Equinix,

Inc.

........................

178,211

139,925,931

Extra

Space

Storage,

Inc.

...............

460,319

61,848,461

Iron

Mountain,

Inc.

....................

645,617

62,857,271

Lamar

Advertising

Co.

,

Class

A

...........

229,538

28,061,020

Public

Storage

.......................

292,514

79,546,257

SBA

Communications

Corp.

.............

238,372

53,566,956

VICI

Properties,

Inc.

...................

2,277,946

74,261,039

841,499,968

#### Total

#### Long-Term

#### Investments

#### —

#### 99

#### .8

#### %

#### (Cost:

#### $

#### 1,790,077,902

####)
............................

1,891,116,942

#### Short-Term

#### Securities

#### Money

#### Market

#### Funds

#### —

#### 0.2%
BlackRock

Cash

Funds:

Treasury,

SL

Agency

Shares

,

4.30 %

(a) (b) ..................

4,155,000

4,155,000

#### Total

#### Short-Term

#### Securities

#### —

#### 0

#### .2

#### %

#### (Cost:

#### $

#### 4,155,000

####)
...............................

4,155,000

#### Total

#### Investments

#### —

#### 100

#### .0

#### %

#### (Cost:

#### $

#### 1,794,232,902)

............................

1,895,271,942

#### Liabilities

#### in

#### Excess

#### of

#### Other

#### Assets

#### —

#### (0.0 ####)

#### %
.............

(308,546)

#### Net

#### Assets

#### —

#### 100.0%
...............................

$

1,894,963,396

(a) Affiliate

of

the

Fund.

(b) Annualized

7-day

yield

as

of

period

end.

*Affiliated* 

*Issuer*

*Value* 

*at*

*04/30/25*

*Purchases*

*at* 

*Cost*

*Proceeds*

*from* 

*Sales*

*Net*

*Realized*

*Gain* 

(Loss)

*Change* 

*in*

*Unrealized*

*Appreciation*

(Depreciation)

*Value* 

*at*

*07/31/25*

*Shares*

*Held* 

*at*

*07/31/25*

*Income*

*Capital* 

*Gain* 

*Distributions*

*from* 

*Underlying* 

*Funds*

BlackRock

Cash

Funds:

Treasury,

SL

Agency

Shares

$

3,329,894

$

825,106

(a) $

—

$

—

$

—

$

4,155,000

4,155,000

$

33,701

$

—

—

—

(a) Represents

net

amount

purchased

(sold).

Schedule

of

Investments

(unaudited)

(continued)

July

31,

2025

#### iShares

####®

#### Select

#### U.S.

#### REIT

#### ETF

#### Fair

#### Value

#### Hierarchy

#### as

#### of

#### Period

#### End
Various

inputs

are

used

in

determining

the

fair

value

of

financial

instruments

at

the

measurement

date.

These

inputs

to

valuation

techniques

are

categorized

into

a

fair

value

hierarchy

consisting

of

three

broad

levels

for

financial

reporting

purposes

as

follows:

Level

—

Unadjusted

price

quotations

in

active

markets/exchanges

that

the

Fund

has

the

ability

to

access

for

identical

assets

or

liabilities;

Level

—

Inputs

other

than

quoted

prices

included

within

Level

that

are

observable

for

the

asset

or

liability,

either

directly

or

indirectly;

and

Level

—

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

measurements)

and

the

lowest

priority

to

unobservable

inputs

(Level

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

have

significant

unobservable

inputs

used

by

the

Valuation

Committee

in

determining

the

price

for

Fair

Valued

Investments.

Level

investments

include

equity

or

debt

issued

by

privately

held

companies

or

funds,

that

may

not have

a

secondary

market,

and/

or

may

have

a

limited

number

of

investors.

The

categorization

of

a

value

determined

for

financial

instruments

is

based

on

the

pricing

transparency

of

the

financial

instruments

and

is

not

necessarily

an

indication

of

the

risks

associated

with

investing

in

those

securities.

For

information

about

the

Fund's

policy

regarding

valuation

of

financial

instruments,

refer

to

its

most

recent

financial

statements.

The

following

table

summarizes

the

Fund's

financial

instruments

categorized

in

the

fair

value

hierarchy.

The

breakdown

of

the

Fund's

financial

instruments

into

major

categories

is

disclosed

in

the

Schedule

of

Investments

above.

#### Derivative

#### Financial

#### Instruments

#### Outstanding

#### as

#### of

#### Period

#### End

#### Futures

#### Contracts
*Description*

*Number* 

*of*

*Contracts*

*Expiration*

*Date*

*Notional*

*Amount* 

(000) *Value/*

*Unrealized*

*Appreciation*

(Depreciation)

Long

Contracts

Dow

Jones

U.S.

Real

Estate

Index

..............................................

09/19/25

$

3,547

$

(7,516)

*Level* 

*1*

*Level* 

*2*

*Level* 

*3*

*Total*

Assets

Investments

Long-Term

Investments

Common

Stocks

.........................................

$

1,891,116,942

$

—

$

—

$

1,891,116,942

Short-Term

Securities

Money

Market

Funds

......................................

4,155,000

—

—

4,155,000

$

1,895,271,942

$

—

$

—

$

1,895,271,942

Derivative

Financial

Instruments

(a) Liabilities

Equity

contracts

...........................................

$

(7,516)

$

—

$

—

$

(7,516)

(a) Derivative

financial

instruments

are

futures

contracts.

Futures

contracts

are

valued

at

the

unrealized

appreciation

(depreciation)

on

the

instrument.

#### Portfolio

#### Abbreviation
REIT

Real

Estate

Investment

Trust

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares Select U.S. REIT ETF

- **b. EDGAR series identifier (if any):** S000004349

- **c. LEI of Series:** 549300P7D6C3R8852B29

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1895541449.33

**Total Liabilities:** $578176.37

**Net Assets:** $1894963272.96

**Cash Not Reported:** $1044916.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012079 | 1.23%                | -0.47%               | -1.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1417297.44             | $22049102.67                               |
| Month 2  | $-853830.32              | $-21909506.32                              |
| Month 3  | $3108073.67              | $-33514751.34                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Host Hotels & Resorts, Inc.             | Host Hotels & Resorts, Inc.                      | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |   1818326 | NS      | $28584084.72  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.       | Equity LifeStyle Properties, Inc.                | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    475524 | NS      | $28493398.08  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.              | Essex Property Trust, Inc.                       | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |    148705 | NS      | $38690066.90  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc. | Mid-America Apartment Communities, Inc.          | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    268838 | NS      | $38290596.34  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                | SBA Communications Corp.                         | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    238372 | NS      | $53566955.84  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                   | Sun Communities, Inc.                            | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |    286532 | NS      | $35538563.96  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.              | Digital Realty Trust, Inc.                       | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |    621338 | NS      | $109628876.72 | 5.79%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                   | American Homes 4 Rent, Class A                   | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    790604 | NS      | $27426052.76  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust         | Federal Realty Investment Trust                  | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |    219718 | NS      | $20249210.88  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.              | Simon Property Group, Inc.                       | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |    542735 | NS      | $88894565.65  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                               | UDR, Inc.                                        | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    741670 | NS      | $29140214.30  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                   | Regency Centers Corp.                            | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |    410780 | NS      | $29329692.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                      | Kimco Realty Corp.                               | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |   1646368 | NS      | $34952392.64  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Dow Jones U.S. Real Estate Index                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        98 | NC      | $-7516.34     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                     | Realty Income Corp.                              | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |   1718507 | NS      | $96459797.91  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes, Inc.                  | Invitation Homes, Inc.                           | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1304539 | NS      | $39984120.35  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.   | Alexandria Real Estate Equities, Inc.            | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |    391015 | NS      | $29885276.45  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty, Inc.         | Rexford Industrial Realty, Inc.                  | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    639008 | NS      | $23342962.24  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                      | Crown Castle, Inc.                               | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    821542 | NS      | $86335848.78  | 4.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                         | Welltower, Inc.                                  | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |   1035600 | NS      | $170946492.00 | 9.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.             | AvalonBay Communities, Inc.                      | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |    310022 | NS      | $57750898.16  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                   | VICI Properties, Inc.                            | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |   2277946 | NS      | $74261039.60  | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                          | Public Storage                                   | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |    292514 | NS      | $79546257.16  | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                          | Prologis, Inc.                                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   1480749 | NS      | $158114378.22 | 8.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                               | BXP, Inc.                                        | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |    387085 | NS      | $25326971.55  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                      | Equity Residential                               | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    762931 | NS      | $48217239.20  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                     | BlackRock Cash Funds: Treasury, SL Agency Shares | CUSIP: 066922477<br>LEI: 5493005PQV5UQG4OSI49 | Long             | STIV             | RF                | US        |   3105132 | NS      | $3105131.95   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                    | American Tower Corp.                             | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    698058 | NS      | $145468306.62 | 7.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                     | Iron Mountain, Inc.                              | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |    645617 | NS      | $62857271.12  | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.               | Extra Space Storage, Inc.                        | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    460319 | NS      | $61848460.84  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co.                   | Lamar Advertising Co., Class A                   | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |    229538 | NS      | $28061020.50  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                           | Equinix, Inc.                                    | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |    178211 | NS      | $139925930.87 | 7.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer