# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-204398
**Filing Date:** 2025-8
**Character Count:** 24682
**Document Hash:** b70b175be45d99f5df1eae927d399b76
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204398.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204398

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20260331

**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:** 251254557

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

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

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

## Series and Classes Contracts Data

### iShares Global Timber & Forestry ETF (Series ID: S000022500)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000065076 | iShares Global Timber & Forestry ETF | WOOD            |

## Nport-Ex

Schedule of Investments (unaudited)

June 30, 2025

**iShares® Global Timber & Forestry ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Brazil — 15.2%** | **Brazil — 15.2%** | **Brazil — 15.2%** |
| Dexco SA | &nbsp;&nbsp;&nbsp; 3090072 | $3224809 |
| Klabin SA | &nbsp;&nbsp;&nbsp; 4270806 | 14503022 |
| Suzano SA | &nbsp;&nbsp;&nbsp; 1951871 | 18397474 |
|  |  | 36125305 |
| **Canada — 4.3%** | **Canada — 4.3%** | **Canada — 4.3%** |
| West Fraser Timber Co. Ltd. | &nbsp;&nbsp;&nbsp; 140859 | 10329488 |
| **Chile — 2.3%** | **Chile — 2.3%** | **Chile — 2.3%** |
| Empresas CMPC SA | &nbsp;&nbsp;&nbsp; 3614059 | 5524133 |
| **China — 7.1%** | **China — 7.1%** | **China — 7.1%** |
| Nine Dragons Paper Holdings Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7987000 | 3293230 |
| Shandong Sun Paper Industry JSC Ltd., Class A | &nbsp;&nbsp;&nbsp; 7262875 | 13661019 |
|  |  | 16954249 |
| **Finland — 8.1%** | **Finland — 8.1%** | **Finland — 8.1%** |
| Stora Enso OYJ, Class R | &nbsp;&nbsp;&nbsp; 944459 | 10267769 |
| UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp; 327648 | 8947418 |
|  |  | 19215187 |
| **Japan — 11.9%** | **Japan — 11.9%** | **Japan — 11.9%** |
| Hokuetsu Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 426100 | 3105688 |
| Nippon Paper Industries Co. Ltd. | &nbsp;&nbsp;&nbsp; 810500 | 5832494 |
| Oji Holdings Corp. | &nbsp;&nbsp;&nbsp; 1922700 | 9679219 |
| Sumitomo Forestry Co. Ltd. | &nbsp;&nbsp;&nbsp; 946600 | 9559073 |
|  |  | 28176474 |
| **Saudi Arabia — 1.7%** | **Saudi Arabia — 1.7%** | **Saudi Arabia — 1.7%** |
| Middle East Paper Co.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 509523 | 3936998 |
| **South Africa — 2.0%** | **South Africa — 2.0%** | **South Africa — 2.0%** |
| Sappi Ltd. | &nbsp;&nbsp;&nbsp; 2805674 | 4716337 |
| **Sweden — 9.9%** | **Sweden — 9.9%** | **Sweden — 9.9%** |
| Billerud Aktiebolag | &nbsp;&nbsp;&nbsp; 570745 | 5913429 |
| Holmen AB, Class B | &nbsp;&nbsp;&nbsp; 209587 | 8302184 |
| Svenska Cellulosa AB SCA, Class B | &nbsp;&nbsp;&nbsp; 721474 | 9381155 |
|  |  | 23596768 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **United Kingdom — 6.0%** | **United Kingdom — 6.0%** | **United Kingdom — 6.0%** |
| Mondi PLC | &nbsp;&nbsp;&nbsp; 866339 | $14156413 |
| **United States — 31.1%** | **United States — 31.1%** | **United States — 31.1%** |
| Clearwater Paper Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 322853 | 8794516 |
| International Paper Co. | &nbsp;&nbsp;&nbsp; 305108 | 14288207 |
| PotlatchDeltic Corp. | &nbsp;&nbsp;&nbsp; 250475 | 9610726 |
| Rayonier Inc. | &nbsp;&nbsp;&nbsp; 463604 | 10282737 |
| Smurfit WestRock PLC | &nbsp;&nbsp;&nbsp; 147792 | 6377225 |
| Sylvamo Corp. | &nbsp;&nbsp;&nbsp; 280593 | 14057709 |
| Weyerhaeuser Co. | &nbsp;&nbsp;&nbsp; 406637 | 10446504 |
|  |  | 73857624 |
| **Total Long-Term Investments — 99.6%** <br>**(Cost: $247,366,641)** | **Total Long-Term Investments — 99.6%** <br>**(Cost: $247,366,641)** | 236588976 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.4%** | **Money Market Funds — 0.4%** | **Money Market Funds — 0.4%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 4.47%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 610203 | 610447 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 420000 | 420000 |
| **Total Short-Term Securities — 0.4%** <br>**(Cost: $1,030,447)** | **Total Short-Term Securities — 0.4%** <br>**(Cost: $1,030,447)** | 1030447 |
| **Total Investments — 100.0%** <br>**(Cost: $248,397,088)** | **Total Investments — 100.0%** <br>**(Cost: $248,397,088)** | 237619423 |
| **Other Assets Less Liabilities — 0.0%** | **Other Assets Less Liabilities — 0.0%** | 1146 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $237620569 |

---

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

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

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

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

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 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>*03/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*06/30/25*<br>| *Shares* <br>*Held at* <br>*06/30/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $3223826 | $—<br> $(2613180 )<sup>(a)</sup><br>| &nbsp;&nbsp; $(309)<br>| $110 | $610447 | 610203 | $20959 <br><sup>(b)</sup><br>| $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp;&nbsp;&nbsp; 460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br> (40000 )<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 420000 | 420000 | &nbsp;&nbsp;&nbsp; 1967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $(309) | $110 | $1030447 |  | $22926 | $— |

---

&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. 

------

Schedule of Investments (unaudited)(continued)

June 30, 2025

**iShares® Global Timber & Forestry ETF**

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; E-Mini Russell 1000 Index | &nbsp;&nbsp;&nbsp; 11 | 09/19/25 | &nbsp;&nbsp; $1059 | $18394 |

---

**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 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• 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 Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| 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; $130552887 | &nbsp;&nbsp; $106036089 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $236588976 |
| &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; 1030447 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1030447 |
|  | &nbsp;&nbsp; $131583334 | &nbsp;&nbsp; $106036089 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $237619423 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $18394 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $18394 |

---

&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** |
| JSC | Joint Stock Company |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares Global Timber & Forestry ETF

- **b. EDGAR series identifier (if any):** S000022500

- **c. LEI of Series:** 549300L3MTKRASOKOH78

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $261595203.70

**Total Liabilities:** $23920096.79

**Net Assets:** $237675106.91

**Cash Not Reported:** $370148.80

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065076 | -3.67%               | 1.90%                | 0.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3780591.43             | $-6246009.48                               |
| Month 2  | $9372.17                 | $3255036.72                                |
| Month 3  | $-396782.25              | $223379.78                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hokuetsu Corp                                  | Hokuetsu Corp                                         | CUSIP: 000000000<br>LEI: 549300CBTMD053ZJ7C79 | Long             | EC               | CORP              | JP        |    418500 | NS      | $3050294.28   | 1.28%             |  |  |  | No            |                  2 | On Loan: —       |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    420000 | NS      | $420000.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzano SA                                      | Suzano SA                                             | CUSIP: 000000000<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |   1692920 | NS      | $15956715.91  | 6.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Stora Enso Oyj                                 | Stora Enso Oyj                                        | CUSIP: 000000000<br>LEI: 7437000ZP669LKUTZ738 | Long             | EC               | CORP              | FI        |   1446586 | NS      | $15726687.10  | 6.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                       | Svenska Cellulosa AB SCA                              | CUSIP: 000000000<br>LEI: 549300FW5JDRV1IJ0M67 | Long             | EC               | CORP              | SE        |    804532 | NS      | $10461138.46  | 4.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Klabin SA                                      | Klabin SA                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   3244286 | NS      | $11017113.01  | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co Ltd                      | West Fraser Timber Co Ltd                             | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |    131126 | NS      | $9615746.18   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Oji Holdings Corp                              | Oji Holdings Corp                                     | CUSIP: 000000000<br>LEI: 529900LVC9GIIYUGE243 | Long             | EC               | CORP              | JP        |   2323000 | NS      | $11694401.66  | 4.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Rayonier Inc                                   | Rayonier Inc                                          | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               |  | US        |    402017 | NS      | $8916737.06   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    603177 | NS      | $603418.23    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sappi Ltd                                      | Sappi Ltd                                             | CUSIP: 000000000<br>LEI: 549300SSI7XQH8ESJG95 | Long             | EC               | CORP              | ZA        |   2154773 | NS      | $3622172.96   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | E-MINI RUSS 1000 VSEP25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        11 | NC      | $18393.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nine Dragons Paper Holdings Ltd                | Nine Dragons Paper Holdings Ltd                       | CUSIP: 000000000<br>LEI: 529900TBMYEYJ2LEV906 | Long             | EC               | CORP              | BM        |   8989000 | NS      | $3706378.39   | 1.56%             |  |  |  | No            |                  2 | On Loan: —       |
| Shandong Sun Paper Industry JSC Ltd            | Shandong Sun Paper Industry JSC Ltd                   | CUSIP: 000000000<br>LEI: 3003003IDX6WN6H5CH12 | Long             | EC               | CORP              | CN        |   5679475 | NS      | $10682741.59  | 4.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexco SA                                       | Dexco SA                                              | CUSIP: 000000000<br>LEI: 8945004WLNADCQEEFF38 | Long             | EC               | CORP              | BR        |   4101904 | NS      | $4280759.73   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Middle East Paper Co                           | Middle East Paper Co                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |    467696 | NS      | $3613807.74   | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| PotlatchDeltic Corp                            | PotlatchDeltic Corp                                   | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               |  | US        |    248207 | NS      | $9523702.59   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                         | International Paper Co                                | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    217113 | NS      | $10167401.79  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondi PLC                                      | Mondi PLC                                             | CUSIP: 000000000<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |    795217 | NS      | $12994244.07  | 5.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Clearwater Paper Corp                          | Clearwater Paper Corp                                 | CUSIP: 18538R103<br>LEI: 549300HCVV19GXN4P292 | Long             | EC               | CORP              | US        |    438171 | NS      | $11935778.04  | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Billerud Aktiebolag                            | Billerud Aktiebolag                                   | CUSIP: 000000000<br>LEI: 549300YJUYJ9A24RXL71 | Long             | EC               | CORP              | SE        |    523638 | NS      | $5425358.03   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene Oyj                                | UPM-Kymmene Oyj                                       | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    511843 | NS      | $13977417.65  | 5.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Smurfit WestRock PLC                           | Smurfit WestRock PLC                                  | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |    303072 | NS      | $13077556.80  | 5.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Forestry Co Ltd                       | Sumitomo Forestry Co Ltd                              | CUSIP: 000000000<br>LEI: 549300FIIRGO6D5FWR19 | Long             | EC               | CORP              | JP        |    956700 | NS      | $9661066.21   | 4.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                | Weyerhaeuser Co                                       | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               |  | US        |    467008 | NS      | $11997435.52  | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp                                   | Sylvamo Corp                                          | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |    171952 | NS      | $8614795.20   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Paper Industries Co Ltd                 | Nippon Paper Industries Co Ltd                        | CUSIP: 000000000<br>LEI: 3538007UWR5N9X8B8S30 | Long             | EC               | CORP              | JP        |    705300 | NS      | $5075457.35   | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Holmen AB                                      | Holmen AB                                             | CUSIP: 000000000<br>LEI: 52990080SH3454F0QE68 | Long             | EC               | CORP              | SE        |    187949 | NS      | $7445057.58   | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Empresas CMPC SA                               | Empresas CMPC SA                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |   2811297 | NS      | $4297101.22   | 1.81%             |  |  |  | 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