# EDGAR Filing Document

**Accession Number:** 0001324285
**File Stem:** 0002071691-25-009503
**Filing Date:** 2025-12
**Character Count:** 14754
**Document Hash:** 0f610f6ac590123d3c98dfa0be17d8f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009503.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009503

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Unconstrained Equity Fund
- **CENTRAL INDEX KEY:** 0001324285

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0418

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21759
- **FILM NUMBER:** 251595441

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Long-Horizon Equity Fund
- **DATE OF NAME CHANGE:** 20121015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK LONG-HORIZON EQUITY FUND
- **DATE OF NAME CHANGE:** 20121015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Global Dynamic Equity Fund
- **DATE OF NAME CHANGE:** 20061002

## Series and Classes Contracts Data

### BlackRock Unconstrained Equity Fund (Series ID: S000002718)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000007412 | Investor A    |  |
| C000007414 | Investor C    |  |
| C000007415 | Institutional |  |
| C000047292 | Class R       |  |
| C000250247 | Class K       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Unconstrained Equity Fund

- **b. Investment Company Act file number:** 811-21759

- **c. CIK number of Registrant:** 0001324285

- **d. LEI of Registrant:** U52BPAA65E104NOUF784

- **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:** BlackRock Unconstrained Equity Fund

- **b. EDGAR series identifier (if any):** S000002718

- **c. LEI of Series:** U52BPAA65E104NOUF784

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $1009815615.21

**Total Liabilities:** $4409766.28

**Net Assets:** $1005405848.93

**Cash Not Reported:** $35703111.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007414 | -1.65%               | 2.14%                | 3.01%                |
| Class ID C000250247 | -1.55%               | 2.29%                | 3.07%                |
| Class ID C000007415 | -1.61%               | 2.29%                | 3.07%                |
| Class ID C000047292 | -1.61%               | 2.23%                | 3.07%                |
| Class ID C000007412 | -1.63%               | 2.25%                | 3.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $24659953.46             | $-42919736.05                              |
| Month 2  | $5074732.11              | $17359832.72                               |
| Month 3  | $15729143.02             | $15739463.32                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cadence Design Systems, Inc. | Cadence Design Systems, Inc.                          | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    139578 | NS      | $47273672.82  | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Krone              | Norwegian Krone                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |         3 | OU      | $0.28         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.             | Amazon.com, Inc.                                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    293981 | NS      | $71796039.82  | 7.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Rand                         | Rand                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |         2 | OU      | $0.13         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                     | Adyen NV                                              | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |     20817 | NS      | $35669605.59  | 3.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Howmet Aerospace, Inc.       | Howmet Aerospace, Inc.                                | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    246130 | NS      | $50690473.50  | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.               | Alphabet, Inc., Class C                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    191357 | NS      | $53928229.74  | 5.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Danish Krone                 | Danish Krone                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |       551 | OU      | $85.03        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III          | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 549300JDHS1T46VWOG19 | Long             | STIV             | RF                | US        |   3777931 | NS      | $3779820.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.             | Mastercard, Inc., Class A                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     79866 | NS      | $44085233.34  | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                | Swedish Krona                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |         1 | OU      | $0.11         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thales SA                    | Thales SA                                             | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |     98473 | NS      | $28079862.92  | 2.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Progressive Corp. (The)      | Progressive Corp. (The)                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    185450 | NS      | $38202700.00  | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                    | Airbus SE                                             | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |    197922 | NS      | $48801858.00  | 4.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Trane Technologies plc       | Trane Technologies plc                                | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |    110634 | NS      | $49635944.10  | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.          | Vertiv Holdings Co., Class A                          | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    378920 | NS      | $73078511.20  | 7.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Franc                  | Swiss Franc                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |         0 | OU      | $0.20         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.             | S&P Global, Inc.                                      | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     60383 | NS      | $29419201.43  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.               | Broadcom, Inc.                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    136404 | NS      | $50419010.52  | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.         | Meta Platforms, Inc., Class A                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     59068 | NS      | $38296737.80  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV              | ASML Holding NV                                       | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     53514 | NS      | $56580872.52  | 5.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Australian Dollar            | Australian Dollar                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |         0 | OU      | $0.31         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Rupee                 | Indian Rupee                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IN        |     55234 | OU      | $622.21       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp.                 | Masimo Corp.                                          | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |    251440 | NS      | $35365036.00  | 3.52%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                          | S&P 500 E-Mini Index                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       114 | NC      | $-147924.26   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.              | Microsoft Corp.                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    167745 | NS      | $86860038.45  | 8.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.     | Intuitive Surgical, Inc.                              | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     68902 | NS      | $36812960.56  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                   | Visa, Inc., Class A                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    134449 | NS      | $45812152.26  | 4.56%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                         | EURO                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     60202 | OU      | $69391.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pound Sterling               | Pound Sterling                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |    240346 | OU      | $315742.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings plc     | Rolls-Royce Holdings plc                              | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |   3021225 | NS      | $46493056.81  | 4.62%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-31

**Name of Applicant:** BlackRock Unconstrained Equity Fund

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer