# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0001410368-25-043415
**Filing Date:** 2025-12
**Character Count:** 145509
**Document Hash:** d4bfb65f0ebc5cf8167f9a8a8bfc4b90
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043415.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043415

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23402
- **FILM NUMBER:** 251606819

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 8004417762

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

## Series and Classes Contracts Data

### iShares U.S. Thematic Rotation Active ETF (Series ID: S000074569)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000232558 | iShares U.S. Thematic Rotation Active ETF |  |

## Nport-Ex

October 31, 2025

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

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

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

---

| |
|:---|
| **BlackRock ETF Trust** |
| • iShares U.S. Thematic Rotation Active ETF \| THRO \| NYSE Arca |

---

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

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

------

Schedule of Investments (unaudited)

October 31, 2025

**iShares U.S. Thematic Rotation Active 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** |
| **Aerospace & Defense — 1.4%** | **Aerospace & Defense — 1.4%** | **Aerospace & Defense — 1.4%** |
| Axon Enterprise Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10845 | $7941034 |
| Carpenter Technology Corp. | &nbsp;&nbsp;&nbsp; 49131 | 15520483 |
| General Electric Co. | &nbsp;&nbsp;&nbsp; 154057 | 47595910 |
| Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp; 27765 | 13657048 |
| Northrop Grumman Corp. | &nbsp;&nbsp;&nbsp; 7490 | 4370041 |
| RTX Corp. | &nbsp;&nbsp;&nbsp; 14652 | 2615382 |
|  |  | 91699898 |
| **Automobile Components — 0.0%** | **Automobile Components — 0.0%** | **Automobile Components — 0.0%** |
| Modine Manufacturing Co.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 92 | 14095 |
| **Automobiles — 1.1%** | **Automobiles — 1.1%** | **Automobiles — 1.1%** |
| Tesla Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 163453 | 74626102 |
| **Banks — 1.8%** | **Banks — 1.8%** | **Banks — 1.8%** |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp; 2652 | 141749 |
| Commerce Bancshares Inc. | &nbsp;&nbsp;&nbsp; 43700 | 2299931 |
| East West Bancorp. Inc. | &nbsp;&nbsp;&nbsp; 13509 | 1372515 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp; 325516 | 101274538 |
| M&T Bank Corp. | &nbsp;&nbsp;&nbsp; 46 | 8458 |
| NU Holdings Ltd./Cayman Islands, Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250967 | 4043078 |
| PNC Financial Services Group Inc. (The) | &nbsp;&nbsp;&nbsp; 102 | 18620 |
| U.S. Bancorp | &nbsp;&nbsp;&nbsp; 272 | 12697 |
| UMB Financial Corp. | &nbsp;&nbsp;&nbsp; 17327 | 1851910 |
| Webster Financial Corp. | &nbsp;&nbsp;&nbsp; 62493 | 3564601 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp; 1258 | 109408 |
| Western Alliance Bancorp. | &nbsp;&nbsp;&nbsp; 46 | 3558 |
|  |  | 114701063 |
| **Beverages — 0.5%** | **Beverages — 0.5%** | **Beverages — 0.5%** |
| Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp; 69179 | 4766433 |
| Coca-Cola Consolidated Inc. | &nbsp;&nbsp;&nbsp; 235217 | 30667593 |
|  |  | 35434026 |
| **Biotechnology — 0.7%** | **Biotechnology — 0.7%** | **Biotechnology — 0.7%** |
| AbbVie Inc. | &nbsp;&nbsp;&nbsp; 442 | 96374 |
| Amgen Inc. | &nbsp;&nbsp;&nbsp; 10349 | 3088452 |
| Gilead Sciences Inc. | &nbsp;&nbsp;&nbsp; 202868 | 24301558 |
| Halozyme Therapeutics Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 237374 | 15474411 |
| Neurocrine Biosciences Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 46 | 6587 |
| United Therapeutics Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23 | 10245 |
|  |  | 42977627 |
| **Broadline Retail — 6.0%** | **Broadline Retail — 6.0%** | **Broadline Retail — 6.0%** |
| Amazon.com Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1455251 | 355401399 |
| Dillard's Inc., Class A | &nbsp;&nbsp;&nbsp; 25222 | 15135218 |
| Etsy Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 510 | 31620 |
| Macy's Inc. | &nbsp;&nbsp;&nbsp; 1037955 | 20229743 |
| MercadoLibre Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 679 | 1580209 |
|  |  | 392378189 |
| **Building Products — 0.4%** | **Building Products — 0.4%** | **Building Products — 0.4%** |
| Armstrong World Industries Inc. | &nbsp;&nbsp;&nbsp; 15463 | 2944619 |
| Johnson Controls International PLC | &nbsp;&nbsp;&nbsp; 230 | 26310 |
| Lennox International Inc. | &nbsp;&nbsp;&nbsp; 136 | 68680 |
| Trane Technologies PLC | &nbsp;&nbsp;&nbsp; 53415 | 23964640 |
|  |  | 27004249 |
| **Capital Markets — 0.9%** | **Capital Markets — 0.9%** | **Capital Markets — 0.9%** |
| Affiliated Managers Group Inc. | &nbsp;&nbsp;&nbsp; 35130 | 8359535 |
| Blackstone Inc., NVS | &nbsp;&nbsp;&nbsp; 11432 | 1676388 |
| Charles Schwab Corp. (The) | &nbsp;&nbsp;&nbsp; 302175 | 28561581 |
| CME Group Inc. | &nbsp;&nbsp;&nbsp; 34 | 9027 |
| Intercontinental Exchange Inc. | &nbsp;&nbsp;&nbsp; 18598 | 2720701 |
| Moody's Corp. | &nbsp;&nbsp;&nbsp; 23 | 11047 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Capital Markets (continued)** | **Capital Markets (continued)** | **Capital Markets (continued)** |
| S&P Global Inc. | &nbsp;&nbsp;&nbsp; 18998 | $9256016 |
| SEI Investments Co. | &nbsp;&nbsp;&nbsp; 91146 | 7347279 |
|  |  | 57941574 |
| **Chemicals — 0.2%** | **Chemicals — 0.2%** | **Chemicals — 0.2%** |
| Ecolab Inc. | &nbsp;&nbsp;&nbsp; 68 | 17435 |
| Linde PLC | &nbsp;&nbsp;&nbsp; 26927 | 11263564 |
| Solstice Advanced Materials Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 48540 | 2187698 |
|  |  | 13468697 |
| **Commercial Services & Supplies — 1.5%** | **Commercial Services & Supplies — 1.5%** | **Commercial Services & Supplies — 1.5%** |
| Cintas Corp. | &nbsp;&nbsp;&nbsp; 11928 | 2186045 |
| Clean Harbors Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 65312 | 13748829 |
| Copart Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 212664 | 9146679 |
| Republic Services Inc., Class A | &nbsp;&nbsp;&nbsp; 164605 | 34277345 |
| Veralto Corp. | &nbsp;&nbsp;&nbsp; 70146 | 6922007 |
| Waste Connections Inc. | &nbsp;&nbsp;&nbsp; 176430 | 29583783 |
| Waste Management Inc. | &nbsp;&nbsp;&nbsp; 27894 | 5572384 |
|  |  | 101437072 |
| **Communications Equipment — 2.4%** | **Communications Equipment — 2.4%** | **Communications Equipment — 2.4%** |
| Arista Networks Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 53159 | 8382643 |
| Ciena Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10030 | 1904898 |
| Cisco Systems Inc. | &nbsp;&nbsp;&nbsp; 1308420 | 95658586 |
| F5 Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 125766 | 31825086 |
| Motorola Solutions Inc. | &nbsp;&nbsp;&nbsp; 44629 | 18151060 |
|  |  | 155922273 |
| **Construction & Engineering — 2.3%** | **Construction & Engineering — 2.3%** | **Construction & Engineering — 2.3%** |
| API Group Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 227063 | 8360460 |
| Comfort Systems USA Inc. | &nbsp;&nbsp;&nbsp; 22939 | 22149440 |
| Dycom Industries Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 68548 | 19727429 |
| EMCOR Group Inc. | &nbsp;&nbsp;&nbsp; 103776 | 70129745 |
| MasTec Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 152332 | 31100101 |
|  |  | 151467175 |
| **Consumer Finance — 0.7%** | **Consumer Finance — 0.7%** | **Consumer Finance — 0.7%** |
| American Express Co. | &nbsp;&nbsp;&nbsp; 91568 | 33031325 |
| Capital One Financial Corp. | &nbsp;&nbsp;&nbsp; 38548 | 8480174 |
| Synchrony Financial | &nbsp;&nbsp;&nbsp; 30197 | 2246053 |
|  |  | 43757552 |
| **Consumer Staples Distribution & Retail — 3.1%** | **Consumer Staples Distribution & Retail — 3.1%** | **Consumer Staples Distribution & Retail — 3.1%** |
| Albertsons Companies Inc., Class A | &nbsp;&nbsp;&nbsp; 145593 | 2575540 |
| Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp; 155197 | 141454306 |
| Dollar General Corp. | &nbsp;&nbsp;&nbsp; 152382 | 15034008 |
| Dollar Tree Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 115470 | 11445387 |
| Performance Food Group Co.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 31147 | 3013161 |
| Sprouts Farmers Market Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17746 | 1401224 |
| Target Corp. | &nbsp;&nbsp;&nbsp; 76439 | 7087424 |
| U.S. Foods Holding Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 25445 | 1847816 |
| Walmart Inc. | &nbsp;&nbsp;&nbsp; 205196 | 20761731 |
|  |  | 204620597 |
| **Containers & Packaging — 0.1%** | **Containers & Packaging — 0.1%** | **Containers & Packaging — 0.1%** |
| AptarGroup Inc. | &nbsp;&nbsp;&nbsp; 51085 | 5926371 |
| **Diversified Consumer Services — 0.1%** | **Diversified Consumer Services — 0.1%** | **Diversified Consumer Services — 0.1%** |
| H&R Block Inc. | &nbsp;&nbsp;&nbsp; 92924 | 4622040 |
| Stride Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 37440 | 2547417 |
|  |  | 7169457 |
| **Diversified Telecommunication Services — 0.0%** | **Diversified Telecommunication Services — 0.0%** | **Diversified Telecommunication Services — 0.0%** |
| Verizon Communications Inc. | &nbsp;&nbsp;&nbsp; 340 | 13512 |
| **Electrical Equipment — 0.1%** | **Electrical Equipment — 0.1%** | **Electrical Equipment — 0.1%** |
| Eaton Corp. PLC | &nbsp;&nbsp;&nbsp; 14586 | 5565434 |
| Emerson Electric Co. | &nbsp;&nbsp;&nbsp; 23 | 3210 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares U.S. Thematic Rotation Active ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Electrical Equipment (continued)** | **Electrical Equipment (continued)** | **Electrical Equipment (continued)** |
| NEXTracker Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20667 | $2091914 |
|  |  | 7660558 |
| **Electronic Equipment, Instruments & Components — 3.2%** | **Electronic Equipment, Instruments & Components — 3.2%** | **Electronic Equipment, Instruments & Components — 3.2%** |
| Amphenol Corp., Class A | &nbsp;&nbsp;&nbsp; 881491 | 122826956 |
| Arrow Electronics Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 45345 | 5058235 |
| Badger Meter Inc. | &nbsp;&nbsp;&nbsp; 102337 | 18466712 |
| Crane NXT Co. | &nbsp;&nbsp;&nbsp; 69 | 4364 |
| Flex Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 51606 | 3226407 |
| Itron Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 120164 | 12056054 |
| Jabil Inc. | &nbsp;&nbsp;&nbsp; 79190 | 17492279 |
| TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp; 161319 | 25244810 |
| Teledyne Technologies Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2362 | 1244349 |
| Vontier Corp. | &nbsp;&nbsp;&nbsp; 33245 | 1279933 |
|  |  | 206900099 |
| **Energy Equipment & Services — 0.2%** | **Energy Equipment & Services — 0.2%** | **Energy Equipment & Services — 0.2%** |
| Baker Hughes Co., Class A | &nbsp;&nbsp;&nbsp; 680 | 32919 |
| TechnipFMC PLC | &nbsp;&nbsp;&nbsp; 283627 | 11727977 |
| Tidewater Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 58004 | 2934422 |
|  |  | 14695318 |
| **Entertainment — 1.9%** | **Entertainment — 1.9%** | **Entertainment — 1.9%** |
| Electronic Arts Inc. | &nbsp;&nbsp;&nbsp; 51688 | 10340701 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty Formula One, Class C, <br> NVS<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 16376 | 1635144 |
| Live Nation Entertainment Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 164138 | 24543555 |
| Netflix Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 64671 | 72357795 |
| Spotify Technology SA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23 | 15073 |
| Walt Disney Co. (The) | &nbsp;&nbsp;&nbsp; 111065 | 12508140 |
|  |  | 121400408 |
| **Financial Services — 3.7%** | **Financial Services — 3.7%** | **Financial Services — 3.7%** |
| Berkshire Hathaway Inc., Class B<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 209852 | 100212724 |
| Block Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 28 | 2126 |
| Corpay Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23 | 5988 |
| Essent Group Ltd. | &nbsp;&nbsp;&nbsp; 69 | 4179 |
| Fiserv Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 199142 | 13280780 |
| Global Payments Inc. | &nbsp;&nbsp;&nbsp; 136 | 10576 |
| Jack Henry & Associates Inc. | &nbsp;&nbsp;&nbsp; 47834 | 7124396 |
| Mastercard Inc., Class A | &nbsp;&nbsp;&nbsp; 75588 | 41723820 |
| PayPal Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 43338 | 3002023 |
| Shift4 Payments Inc., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 23270 | 1607957 |
| Visa Inc., Class A | &nbsp;&nbsp;&nbsp; 211958 | 72222569 |
|  |  | 239197138 |
| **Food Products — 0.5%** | **Food Products — 0.5%** | **Food Products — 0.5%** |
| Pilgrim's Pride Corp. | &nbsp;&nbsp;&nbsp; 784053 | 29872419 |
| **Ground Transportation — 0.0%** | **Ground Transportation — 0.0%** | **Ground Transportation — 0.0%** |
| Uber Technologies Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 374 | 36091 |
| **Health Care Equipment & Supplies — 3.0%** | **Health Care Equipment & Supplies — 3.0%** | **Health Care Equipment & Supplies — 3.0%** |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp; 136 | 16812 |
| Boston Scientific Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 861885 | 86809057 |
| Edwards Lifesciences Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 140353 | 11572105 |
| Globus Medical Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 575 | 34724 |
| Intuitive Surgical Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 72972 | 38987480 |
| Merit Medical Systems Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19298 | 1689347 |
| Penumbra Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 48020 | 10918307 |
| Stryker Corp. | &nbsp;&nbsp;&nbsp; 127994 | 45596583 |
| Zimmer Biomet Holdings Inc. | &nbsp;&nbsp;&nbsp; 14 | 1408 |
|  |  | 195625823 |
| **Health Care Providers & Services — 2.1%** | **Health Care Providers & Services — 2.1%** | **Health Care Providers & Services — 2.1%** |
| Cardinal Health Inc. | &nbsp;&nbsp;&nbsp; 123951 | 23646132 |
| Cencora Inc. | &nbsp;&nbsp;&nbsp; 78246 | 26432281 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** |
| Cigna Group (The) | &nbsp;&nbsp;&nbsp; 34 | $8310 |
| Elevance Health Inc. | &nbsp;&nbsp;&nbsp; 34 | 10785 |
| Encompass Health Corp. | &nbsp;&nbsp;&nbsp; 36859 | 4196397 |
| HCA Healthcare Inc. | &nbsp;&nbsp;&nbsp; 26969 | 12397110 |
| HealthEquity Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 270765 | 25608954 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp; 41633 | 33778518 |
| Molina Healthcare Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12074 | 1848047 |
| Tenet Healthcare Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 51973 | 10731905 |
| UnitedHealth Group Inc. | &nbsp;&nbsp;&nbsp; 34 | 11613 |
| Universal Health Services Inc., Class B | &nbsp;&nbsp;&nbsp; 23 | 4991 |
|  |  | 138675043 |
| **Hotels, Restaurants & Leisure — 1.0%** | **Hotels, Restaurants & Leisure — 1.0%** | **Hotels, Restaurants & Leisure — 1.0%** |
| Airbnb Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 46 | 5821 |
| Booking Holdings Inc. | &nbsp;&nbsp;&nbsp; 1586 | 8053296 |
| Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp; 24059 | 1873474 |
| Expedia Group Inc. | &nbsp;&nbsp;&nbsp; 16400 | 3608000 |
| Hilton Worldwide Holdings Inc. | &nbsp;&nbsp;&nbsp; 207 | 53191 |
| Life Time Group Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 152026 | 3759603 |
| Light & Wonder Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 229520 | 16686104 |
| Marriott International Inc./MD, Class A | &nbsp;&nbsp;&nbsp; 138 | 35960 |
| Royal Caribbean Cruises Ltd. | &nbsp;&nbsp;&nbsp; 13151 | 3772101 |
| Viking Holdings Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 505172 | 30739716 |
|  |  | 68587266 |
| **Household Durables — 0.0%** | **Household Durables — 0.0%** | **Household Durables — 0.0%** |
| Champion Homes Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 510 | 34797 |
| Garmin Ltd. | &nbsp;&nbsp;&nbsp; 161 | 34445 |
| Taylor Morrison Home Corp., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 782 | 46349 |
|  |  | 115591 |
| **Industrial Conglomerates — 0.6%** | **Industrial Conglomerates — 0.6%** | **Industrial Conglomerates — 0.6%** |
| Honeywell International Inc. | &nbsp;&nbsp;&nbsp; 194278 | 39113990 |
| **Insurance — 1.8%** | **Insurance — 1.8%** | **Insurance — 1.8%** |
| Allstate Corp. (The) | &nbsp;&nbsp;&nbsp; 39264 | 7519841 |
| American International Group Inc. | &nbsp;&nbsp;&nbsp; 69 | 5448 |
| Aon PLC, Class A | &nbsp;&nbsp;&nbsp; 102 | 34750 |
| Arch Capital Group Ltd. | &nbsp;&nbsp;&nbsp; 29304 | 2529228 |
| Arthur J Gallagher & Co. | &nbsp;&nbsp;&nbsp; 68 | 16965 |
| Axis Capital Holdings Ltd. | &nbsp;&nbsp;&nbsp; 112470 | 10533940 |
| Chubb Ltd. | &nbsp;&nbsp;&nbsp; 71188 | 19714805 |
| Globe Life Inc. | &nbsp;&nbsp;&nbsp; 65678 | 8637314 |
| Hartford Insurance Group Inc. (The) | &nbsp;&nbsp;&nbsp; 35245 | 4376724 |
| Loews Corp. | &nbsp;&nbsp;&nbsp; 22270 | 2217201 |
| Marsh & McLennan Companies Inc. | &nbsp;&nbsp;&nbsp; 91793 | 16352923 |
| MetLife Inc. | &nbsp;&nbsp;&nbsp; 231985 | 18517043 |
| Primerica Inc. | &nbsp;&nbsp;&nbsp; 17918 | 4656351 |
| Progressive Corp. (The) | &nbsp;&nbsp;&nbsp; 63346 | 13049276 |
| RLI Corp. | &nbsp;&nbsp;&nbsp; 187917 | 11079586 |
| Travelers Companies Inc. (The) | &nbsp;&nbsp;&nbsp; 589 | 158217 |
|  |  | 119399612 |
| **Interactive Media & Services — 9.4%** | **Interactive Media & Services — 9.4%** | **Interactive Media & Services — 9.4%** |
| Alphabet Inc., Class A | &nbsp;&nbsp;&nbsp; 804663 | 226263189 |
| Alphabet Inc., Class C, NVS | &nbsp;&nbsp;&nbsp; 581898 | 163990494 |
| Meta Platforms Inc., Class A | &nbsp;&nbsp;&nbsp; 335435 | 217479282 |
| Pinterest Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 276426 | 9149701 |
|  |  | 616882666 |
| **IT Services — 0.8%** | **IT Services — 0.8%** | **IT Services — 0.8%** |
| Accenture PLC, Class A | &nbsp;&nbsp;&nbsp; 442 | 110544 |
| Amdocs Ltd. | &nbsp;&nbsp;&nbsp; 128005 | 10785701 |
| Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;&nbsp; 160258 | 11679603 |
| DXC Technology Co.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 93511 | 1327856 |
| Gartner Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 68 | 16887 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares U.S. Thematic Rotation Active ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **IT Services (continued)** | **IT Services (continued)** | **IT Services (continued)** |
| GoDaddy Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 170395 | $22684686 |
| International Business Machines Corp. | &nbsp;&nbsp;&nbsp; 136 | 41808 |
| Okta Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 92 | 8421 |
| Twilio Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 68 | 9172 |
| VeriSign Inc. | &nbsp;&nbsp;&nbsp; 15863 | 3803948 |
|  |  | 50468626 |
| **Leisure Products — 0.0%** | **Leisure Products — 0.0%** | **Leisure Products — 0.0%** |
| Mattel Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 88000 | 1617440 |
| **Life Sciences Tools & Services — 0.0%** | **Life Sciences Tools & Services — 0.0%** | **Life Sciences Tools & Services — 0.0%** |
| Charles River Laboratories International Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 102 | 18367 |
| **Machinery — 2.3%** | **Machinery — 2.3%** | **Machinery — 2.3%** |
| Allison Transmission Holdings Inc. | &nbsp;&nbsp;&nbsp; 116665 | 9630696 |
| Cummins Inc. | &nbsp;&nbsp;&nbsp; 23 | 10067 |
| Donaldson Co. Inc. | &nbsp;&nbsp;&nbsp; 180081 | 15171824 |
| Federal Signal Corp. | &nbsp;&nbsp;&nbsp; 22708 | 2680225 |
| Graco Inc. | &nbsp;&nbsp;&nbsp; 396011 | 32381819 |
| ITT Inc. | &nbsp;&nbsp;&nbsp; 167151 | 30934636 |
| Lincoln Electric Holdings Inc. | &nbsp;&nbsp;&nbsp; 45969 | 10777432 |
| Mueller Industries Inc. | &nbsp;&nbsp;&nbsp; 302336 | 32008312 |
| Otis Worldwide Corp. | &nbsp;&nbsp;&nbsp; 170 | 15769 |
| Pentair PLC | &nbsp;&nbsp;&nbsp; 253 | 26907 |
| SPX Technologies Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13761 | 3080950 |
| Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;&nbsp; 64290 | 13143448 |
| Xylem Inc./New York | &nbsp;&nbsp;&nbsp; 184 | 27756 |
|  |  | 149889841 |
| **Media — 0.1%** | **Media — 0.1%** | **Media — 0.1%** |
| Charter Communications Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8976 | 2098948 |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp; 1394 | 38802 |
| Fox Corp., Class A, NVS | &nbsp;&nbsp;&nbsp; 90658 | 5861040 |
|  |  | 7998790 |
| **Metals & Mining — 1.1%** | **Metals & Mining — 1.1%** | **Metals & Mining — 1.1%** |
| Anglogold Ashanti PLC | &nbsp;&nbsp;&nbsp; 26653 | 1812404 |
| Freeport-McMoRan Inc. | &nbsp;&nbsp;&nbsp; 404660 | 16874322 |
| Newmont Corp. | &nbsp;&nbsp;&nbsp; 653089 | 52880617 |
| Royal Gold Inc. | &nbsp;&nbsp;&nbsp; 11189 | 1955725 |
|  |  | 73523068 |
| **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp; 21 | 1545 |
| **Oil, Gas & Consumable Fuels — 0.2%** | **Oil, Gas & Consumable Fuels — 0.2%** | **Oil, Gas & Consumable Fuels — 0.2%** |
| Chevron Corp. | &nbsp;&nbsp;&nbsp; 544 | 85800 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp; 510 | 45319 |
| DT Midstream Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33280 | 3643827 |
| EOG Resources Inc. | &nbsp;&nbsp;&nbsp; 476 | 50380 |
| Expand Energy Corp. | &nbsp;&nbsp;&nbsp; 17 | 1756 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp; 170 | 19441 |
| Hess Midstream LP, Class A | &nbsp;&nbsp;&nbsp; 374 | 12697 |
| Ovintiv Inc. | &nbsp;&nbsp;&nbsp; 306 | 11478 |
| SM Energy Co. | &nbsp;&nbsp;&nbsp; 291649 | 6092548 |
| Targa Resources Corp. | &nbsp;&nbsp;&nbsp; 782 | 120459 |
|  |  | 10083705 |
| **Paper & Forest Products — 0.0%** | **Paper & Forest Products — 0.0%** | **Paper & Forest Products — 0.0%** |
| Louisiana-Pacific Corp. | &nbsp;&nbsp;&nbsp; 68 | 5923 |
| **Passenger Airlines — 0.0%** | **Passenger Airlines — 0.0%** | **Passenger Airlines — 0.0%** |
| Southwest Airlines Co. | &nbsp;&nbsp;&nbsp; 49 | 1485 |
| **Pharmaceuticals — 0.7%** | **Pharmaceuticals — 0.7%** | **Pharmaceuticals — 0.7%** |
| Bristol-Myers Squibb Co. | &nbsp;&nbsp;&nbsp; 270924 | 12481469 |
| Corcept Therapeutics Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 136 | 9992 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |
| Eli Lilly & Co. | &nbsp;&nbsp;&nbsp; 39084 | $33724020 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp; 952 | 179804 |
| Merck & Co. Inc. | &nbsp;&nbsp;&nbsp; 204 | 17540 |
| Pfizer Inc. | &nbsp;&nbsp;&nbsp; 646 | 15924 |
| Royalty Pharma PLC, Class A | &nbsp;&nbsp;&nbsp; 510 | 19145 |
|  |  | 46447894 |
| **Professional Services — 1.8%** | **Professional Services — 1.8%** | **Professional Services — 1.8%** |
| Automatic Data Processing Inc. | &nbsp;&nbsp;&nbsp; 84451 | 21982595 |
| CACI International Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3917 | 2202333 |
| Concentrix Corp. | &nbsp;&nbsp;&nbsp; 38282 | 1543147 |
| Dayforce Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 142006 | 9761492 |
| ExlService Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 211541 | 8271253 |
| Genpact Ltd. | &nbsp;&nbsp;&nbsp; 91451 | 3488856 |
| Jacobs Solutions Inc., NVS | &nbsp;&nbsp;&nbsp; 90502 | 14101117 |
| Paychex Inc. | &nbsp;&nbsp;&nbsp; 18995 | 2222985 |
| Paycom Software Inc. | &nbsp;&nbsp;&nbsp; 5885 | 1101025 |
| SS&C Technologies Holdings Inc. | &nbsp;&nbsp;&nbsp; 630293 | 53524482 |
| Verisk Analytics Inc., Class A | &nbsp;&nbsp;&nbsp; 102 | 22313 |
|  |  | 118221598 |
| **Semiconductors & Semiconductor Equipment — 16.3%** | **Semiconductors & Semiconductor Equipment — 16.3%** | **Semiconductors & Semiconductor Equipment — 16.3%** |
| Advanced Micro Devices Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 204 | 52248 |
| Analog Devices Inc. | &nbsp;&nbsp;&nbsp; 92 | 21540 |
| Applied Materials Inc. | &nbsp;&nbsp;&nbsp; 136525 | 31823978 |
| Broadcom Inc. | &nbsp;&nbsp;&nbsp; 546541 | 202017950 |
| Cirrus Logic Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 103991 | 13794406 |
| Credo Technology Group Holding Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38868 | 7292414 |
| Enphase Energy Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 73386 | 2239007 |
| First Solar Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30458 | 8130459 |
| KLA Corp. | &nbsp;&nbsp;&nbsp; 14960 | 18082750 |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp; 39145 | 6163772 |
| Micron Technology Inc. | &nbsp;&nbsp;&nbsp; 238 | 53257 |
| Nvidia Corp. | &nbsp;&nbsp;&nbsp; 3657113 | 740528811 |
| Qualcomm Inc. | &nbsp;&nbsp;&nbsp; 207978 | 37623220 |
| Rambus Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16684 | 1715783 |
| Texas Instruments Inc. | &nbsp;&nbsp;&nbsp; 510 | 82345 |
|  |  | 1069621940 |
| **Software — 13.8%** | **Software — 13.8%** | **Software — 13.8%** |
| ACI Worldwide Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 69477 | 3309189 |
| Adobe Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 68092 | 23172388 |
| Appfolio Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 29096 | 7402895 |
| Autodesk Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 45354 | 13666974 |
| BILL Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 115 | 5711 |
| Box Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 962662 | 30891824 |
| Cadence Design Systems Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 204 | 69093 |
| Check Point Software Technologies Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 583150 | 114110792 |
| CommVault Systems Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 224001 | 31185419 |
| Crowdstrike Holdings Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4758 | 2583642 |
| Dropbox Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 169973 | 4929217 |
| Fortinet Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 42056 | 3634900 |
| Guidewire Software Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 44448 | 10384831 |
| InterDigital Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 38517 | 13941613 |
| Intuit Inc. | &nbsp;&nbsp;&nbsp; 47693 | 31837462 |
| Manhattan Associates Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23 | 4188 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp; 910157 | 471288396 |
| Oracle Corp. | &nbsp;&nbsp;&nbsp; 680 | 178575 |
| Palantir Technologies Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 189432 | 37975433 |
| Palo Alto Networks Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 73536 | 16195569 |
| PTC Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 90670 | 18001622 |
| Q2 Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 184 | 11364 |
| Qualys Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13704 | 1689155 |
| RingCentral Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 145258 | 4375171 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares U.S. Thematic Rotation Active ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
| Salesforce Inc. | &nbsp;&nbsp;&nbsp; 42143 | $10974459 |
| ServiceNow Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30885 | 28391963 |
| Synopsys Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 136 | 61720 |
| Tenable Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 142651 | 4139732 |
| Teradata Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 141411 | 2948419 |
| Varonis Systems Inc., Class B<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 99897 | 3519371 |
| Workday Inc., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 21820 | 5235054 |
| Zoom Video Communications Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 238 | 20761 |
| Zscaler Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 29458 | 9754722 |
|  |  | 905891624 |
| **Specialty Retail — 2.0%** | **Specialty Retail — 2.0%** | **Specialty Retail — 2.0%** |
| Gap Inc. (The) | &nbsp;&nbsp;&nbsp; 35 | 800 |
| Home Depot Inc. (The) | &nbsp;&nbsp;&nbsp; 38755 | 14711010 |
| Lowe's Companies Inc. | &nbsp;&nbsp;&nbsp; 102 | 24289 |
| O'Reilly Automotive Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 170 | 16055 |
| Penske Automotive Group Inc. | &nbsp;&nbsp;&nbsp; 23 | 3682 |
| Ross Stores Inc. | &nbsp;&nbsp;&nbsp; 118532 | 18837105 |
| TJX Companies Inc. (The) | &nbsp;&nbsp;&nbsp; 698275 | 97856259 |
| Urban Outfitters Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 33630 | 2172834 |
|  |  | 133622034 |
| **Technology Hardware, Storage & Peripherals — 7.4%** | **Technology Hardware, Storage & Peripherals — 7.4%** | **Technology Hardware, Storage & Peripherals — 7.4%** |
| Apple Inc. | &nbsp;&nbsp;&nbsp; 1637412 | 442707082 |
| Dell Technologies Inc., Class C | &nbsp;&nbsp;&nbsp; 117948 | 19108756 |
| HP Inc. | &nbsp;&nbsp;&nbsp; 102 | 2822 |
| NetApp Inc. | &nbsp;&nbsp;&nbsp; 119437 | 14067290 |
| Pure Storage Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 84363 | 8326628 |
|  |  | 484212578 |
| **Textiles, Apparel & Luxury Goods — 0.0%** | **Textiles, Apparel & Luxury Goods — 0.0%** | **Textiles, Apparel & Luxury Goods — 0.0%** |
| Deckers Outdoor Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 21 | 1711 |
| **Tobacco — 0.0%** | **Tobacco — 0.0%** | **Tobacco — 0.0%** |
| Philip Morris International Inc. | &nbsp;&nbsp;&nbsp; 10680 | 1541444 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** |
| Core & Main Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 391 | $20402 |
| WW Grainger Inc. | &nbsp;&nbsp;&nbsp; 9619 | 9417001 |
|  |  | 9437403 |
| **Total Long-Term Investments — 97.3%** <br>**(Cost: $5,736,684,828)** | **Total Long-Term Investments — 97.3%** <br>**(Cost: $5,736,684,828)** | 6381328567 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 2.8%** | **Money Market Funds — 2.8%** | **Money Market Funds — 2.8%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.27%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 6308804 | 6311958 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 4.05%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 179080000 | 179080000 |
| **Total Short-Term Securities — 2.8%** <br>**(Cost: $185,391,958)** | **Total Short-Term Securities — 2.8%** <br>**(Cost: $185,391,958)** | 185391958 |
| **Total Investments — 100.1%** <br>**(Cost: $5,922,076,786)** | **Total Investments — 100.1%** <br>**(Cost: $5,922,076,786)** | 6566720525 |
| **Liabilities in Excess of Other Assets — (0.1)%** | **Liabilities in Excess of Other Assets — (0.1)%** | (7597879)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $6559122646 |

---

&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 October 31, 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>*07/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL <br> Agency Shares<br>| $10734173 | $— | &nbsp;&nbsp; $(4422055 )<sup>(a)</sup><br>| &nbsp;&nbsp; $(160)<br>| $— | $6311958 | 6308804 | $13334 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp; 90450000 | 88630000 <br><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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 179080000 | 179080000 | &nbsp;&nbsp; 1299426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $(160) | $— | $185391958 |  | $1312760 | $— |

---

&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)

October 31, 2025

**iShares U.S. Thematic Rotation Active 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; Micro E-Mini S&P 500 Index | 2 | 12/19/25 | &nbsp;&nbsp; $69 | $2278 |

---

**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; $6381328567 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $6381328567 |
| &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; 185391958 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 185391958 |
|  | &nbsp;&nbsp; $6566720525 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $6566720525 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $2278 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $2278 |

---

&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** |
| NVS | Non-Voting Shares |

---

------

## 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 ETF Trust

- **b. Investment Company Act file number:** 811-23402

- **c. CIK number of Registrant:** 0001761055

- **d. LEI of Registrant:** 5493007WBHAKV9JVS642

- **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:** iShares U.S. Thematic Rotation Active ETF

- **b. EDGAR series identifier (if any):** S000074569

- **c. LEI of Series:** 549300NESYZ7JPZCM419

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

- **a. Date of fiscal year-end:** 2026-07-31

- **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:** $6611659376.61

**Total Liabilities:** $56402521.44

**Net Assets:** $6555256855.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232558 | 1.82%                | 3.03%                | 2.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $30754038.01             | $60225297.69                               |
| Month 2  | $29907141.70             | $146251194.46                              |
| Month 3  | $-10140382.21            | $142819191.32                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| API Group Corp                                 | API Group Corp                                        | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    226928 | NS      | $8355488.96   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       136 | NS      | $16812.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                     | AbbVie Inc                                            | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       442 | NS      | $96373.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                              | ACI Worldwide Inc                                     | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     69437 | NS      | $3307284.31   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                      | Adobe Inc                                             | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     68052 | NS      | $23158776.12  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                     | Advanced Micro Devices Inc                            | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       204 | NS      | $52248.48     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group Inc                  | Affiliated Managers Group Inc                         | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     35110 | NS      | $8354775.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                     | Airbnb Inc                                            | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |        46 | NS      | $5820.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos Inc                             | Albertsons Cos Inc                                    | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    145508 | NS      | $2574036.52   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc              | Allison Transmission Holdings Inc                     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |    116595 | NS      | $9624917.25   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                              | Allstate Corp/The                                     | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     39239 | NS      | $7515053.28   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    581553 | NS      | $163893266.46 | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    804188 | NS      | $226129623.72 | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1454391 | NS      | $355191370.02 | 5.42%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                            | American Express Co                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     91513 | NS      | $33011484.49  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc               | American International Group Inc                      | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |        69 | NS      | $5448.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                    | Cencora Inc                                           | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     78201 | NS      | $26417079.81  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                      | Amgen Inc                                             | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     10344 | NS      | $3086959.92   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                  | Amphenol Corp                                         | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    880971 | NS      | $122754499.14 | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                             | Analog Devices Inc                                    | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |        92 | NS      | $21539.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                            | Elevance Health Inc                                   | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |        34 | NS      | $10784.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                      | Apple Inc                                             | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1636447 | NS      | $442446175.39 | 6.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                                   | Appfolio Inc                                          | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     29081 | NS      | $7399078.83   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                          | Applied Materials Inc                                 | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    136445 | NS      | $31805329.50  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                                 | AptarGroup Inc                                        | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     51055 | NS      | $5922890.55   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                            | Arista Networks Inc                                   | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     53129 | NS      | $8377912.01   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc                 | Armstrong World Industries Inc                        | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |     15453 | NS      | $2942714.79   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc                          | Arrow Electronics Inc                                 | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     45320 | NS      | $5055446.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                   | Autodesk Inc                                          | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     45329 | NS      | $13659440.86  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                  | Automatic Data Processing Inc                         | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     84451 | NS      | $21982595.30  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                            | Axon Enterprise Inc                                   | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     10840 | NS      | $7937373.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                               | Badger Meter Inc                                      | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |    102277 | NS      | $18455884.65  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                | Baker Hughes Co                                       | CUSIP: 05722G100<br>LEI: 5493004XSDPHVQ2URI81 | Long             | EC               | CORP              | US        |       680 | NS      | $32918.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                           | Bank of America Corp                                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      2652 | NS      | $141749.40    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                         | Berkshire Hathaway Inc                                | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    209727 | NS      | $100153031.58 | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL Holdings Inc                              | BILL Holdings Inc                                     | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |       115 | NS      | $5710.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                 | Blackstone Inc                                        | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     11427 | NS      | $1675655.28   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                                  | H&R Block Inc                                         | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     92869 | NS      | $4619304.06   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                           | Booking Holdings Inc                                  | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1586 | NS      | $8053295.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                         | Boston Scientific Corp                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    861375 | NS      | $86757690.00  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Box Inc                                        | Box Inc                                               | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |    962097 | NS      | $30873692.73  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                               | Boyd Gaming Corp                                      | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     24044 | NS      | $1872306.28   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                        | Bristol-Myers Squibb Co                               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    270764 | NS      | $12474097.48  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                   | Broadcom Inc                                          | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    546221 | NS      | $201899668.23 | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                                | Cigna Group/The                                       | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |        34 | NS      | $8309.94      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                  | CME Group Inc                                         | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |        34 | NS      | $9026.66      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                | CMS Energy Corp                                       | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |        21 | NS      | $1544.55      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                         | CACI International Inc                                | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      3917 | NS      | $2202333.25   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                     | Cadence Design Systems Inc                            | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       204 | NS      | $69092.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                     | Capital One Financial Corp                            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     38523 | NS      | $8474674.77   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                            | Cardinal Health Inc                                   | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |    123876 | NS      | $23631824.52  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp                      | Carpenter Technology Corp                             | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     49101 | NS      | $15511005.90  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                                   | Dayforce Inc                                          | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |    141921 | NS      | $9755649.54   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International Inc   | Charles River Laboratories International Inc          | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |       102 | NS      | $18367.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                     | Charter Communications Inc                            | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      8971 | NS      | $2097778.64   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                             | Expand Energy Corp                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |        17 | NS      | $1756.27      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                   | Chevron Corp                                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       544 | NS      | $85799.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp                                     | Ciena Corp                                            | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     10025 | NS      | $1903948.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc                               | Cirrus Logic Inc                                      | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |    103931 | NS      | $13786447.15  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                              | Cisco Systems Inc                                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   1307650 | NS      | $95602291.50  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                    | Cintas Corp                                           | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11923 | NS      | $2185128.21   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                              | Clean Harbors Inc                                     | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     65272 | NS      | $13740408.72  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated Inc                     | Coca-Cola Consolidated Inc                            | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |    235077 | NS      | $30649339.26  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                               | Coca-Cola Co/The                                      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     69139 | NS      | $4763677.10   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp            | Cognizant Technology Solutions Corp                   | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    160163 | NS      | $11672679.44  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                        | Comfort Systems USA Inc                               | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     22924 | NS      | $22134955.92  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                   | Comcast Corp                                          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      1394 | NS      | $38801.99     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO                     | Commerce Bancshares Inc/MO                            | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43675 | NS      | $2298615.25   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems Inc                          | Commvault Systems Inc                                 | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |    223871 | NS      | $31167320.62  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                                | Concentrix Corp                                       | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     38257 | NS      | $1542139.67   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |       510 | NS      | $45318.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                     | Copart Inc                                            | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    212539 | NS      | $9141302.39   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics Inc                       | Corcept Therapeutics Inc                              | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |       136 | NS      | $9991.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Core & Main Inc                                | Core & Main Inc                                       | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       391 | NS      | $20402.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                     | Corpay Inc                                            | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |        23 | NS      | $5988.05      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                          | Costco Wholesale Corp                                 | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    155107 | NS      | $141372275.15 | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                   | Crane NXT Co                                          | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |        69 | NS      | $4364.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                       | Crowdstrike Holdings Inc                              | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      4753 | NS      | $2580926.53   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                    | Cummins Inc                                           | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |        23 | NS      | $10066.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                               | DT Midstream Inc                                      | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33260 | NS      | $3641637.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                              | DXC Technology Co                                     | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |     93456 | NS      | $1327075.20   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Deckers Outdoor Corp                           | Deckers Outdoor Corp                                  | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |        21 | NS      | $1711.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                          | Dell Technologies Inc                                 | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |    117878 | NS      | $19097414.78  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's Inc                                  | Dillard's Inc                                         | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |     25207 | NS      | $15126216.56  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                             | Walt Disney Co/The                                    | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    111000 | NS      | $12500820.00  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                            | Dollar General Corp                                   | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    152292 | NS      | $15025128.72  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                | Dollar Tree Inc                                       | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    115400 | NS      | $11438448.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                               | Donaldson Co Inc                                      | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |    179976 | NS      | $15162978.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                                    | Dropbox Inc                                           | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |    169873 | NS      | $4926317.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                           | Dycom Industries Inc                                  | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     68508 | NS      | $19715917.32  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                              | EOG Resources Inc                                     | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       476 | NS      | $50379.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                          | East West Bancorp Inc                                 | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     13499 | NS      | $1371498.40   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                     | Ecolab Inc                                            | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |        68 | NS      | $17435.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp                      | Edwards Lifesciences Corp                             | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |    140268 | NS      | $11565096.60  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                            | Electronic Arts Inc                                   | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     51658 | NS      | $10334699.48  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                | EMCOR Group Inc                                       | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |    103716 | NS      | $70089198.48  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                            | Emerson Electric Co                                   | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |        23 | NS      | $3210.11      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                          | Encompass Health Corp                                 | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     36839 | NS      | $4194120.15   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                             | Enphase Energy Inc                                    | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     73341 | NS      | $2237633.91   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                       | Etsy Inc                                              | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |       510 | NS      | $31620.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc                        | ExlService Holdings Inc                               | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |    211416 | NS      | $8266365.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                              | Expedia Group Inc                                     | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |     16390 | NS      | $3605800.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                               | Exxon Mobil Corp                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       170 | NS      | $19441.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms Inc                                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    335235 | NS      | $217349612.25 | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                            | Federal Signal Corp                                   | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     22693 | NS      | $2678454.79   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                         | F5 Inc                                                | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |    125691 | NS      | $31806107.55  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                | First Solar Inc                                       | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     30438 | NS      | $8125119.72   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                     | Fiserv Inc                                            | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    199027 | NS      | $13273110.63  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                   | Fortinet Inc                                          | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     42031 | NS      | $3632739.33   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                       | Fox Corp                                              | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     90603 | NS      | $5857483.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                           | Freeport-McMoRan Inc                                  | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    404420 | NS      | $16864314.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                        | Arthur J Gallagher & Co                               | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |        68 | NS      | $16965.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                                    | Gap Inc/The                                           | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |        35 | NS      | $799.75       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                                    | Gartner Inc                                           | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |        68 | NS      | $16887.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                            | General Electric Co                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    153967 | NS      | $47568104.65  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                            | Gilead Sciences Inc                                   | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    202748 | NS      | $24287182.92  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                            | Global Payments Inc                                   | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |       136 | NS      | $10575.36     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                             | Globus Medical Inc                                    | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |       575 | NS      | $34724.25     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                                 | Globe Life Inc                                        | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     65638 | NS      | $8632053.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                                    | GoDaddy Inc                                           | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |    170295 | NS      | $22671373.35  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                      | Graco Inc                                             | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |    395776 | NS      | $32362603.52  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                                | WW Grainger Inc                                       | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      9614 | NS      | $9412106.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                         | Guidewire Software Inc                                | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     44423 | NS      | $10378989.72  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                             | HCA Healthcare Inc                                    | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     26954 | NS      | $12390214.72  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                         | HP Inc                                                | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |       102 | NS      | $2822.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                      | Halozyme Therapeutics Inc                             | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |    237234 | NS      | $15465284.46  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The               | Hartford Insurance Group Inc/The                      | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     35225 | NS      | $4374240.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc                               | HealthEquity Inc                                      | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    270605 | NS      | $25593820.90  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc                    | Jack Henry & Associates Inc                           | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     47804 | NS      | $7119927.76   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP                              | Hess Midstream LP                                     | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       374 | NS      | $12697.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                  | Hilton Worldwide Holdings Inc                         | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |       207 | NS      | $53190.72     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                             | Home Depot Inc/The                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     38730 | NS      | $14701520.70  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                    | Honeywell International Inc                           | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |    194163 | NS      | $39090836.79  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                        | ITT Inc                                               | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |    167051 | NS      | $30916128.57  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                  | Intercontinental Exchange Inc                         | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     18588 | NS      | $2719238.52   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                               | InterDigital Inc                                      | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38492 | NS      | $13932564.32  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| International Business Machines Corp           | International Business Machines Corp                  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       136 | NS      | $41807.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc                                            | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     47663 | NS      | $31817435.65  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                         | Intuitive Surgical Inc                                | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     72927 | NS      | $38963437.56  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron Inc                                      | Itron Inc                                             | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |    120094 | NS      | $12049031.02  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                            | JPMorgan Chase & Co                                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    325326 | NS      | $101215425.12 | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                      | Jabil Inc                                             | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     79145 | NS      | $17482339.05  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                           | Jacobs Solutions Inc                                  | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     90447 | NS      | $14092547.07  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       952 | NS      | $179804.24    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                       | KLA Corp                                              | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     14950 | NS      | $18070663.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                              | Lam Research Corp                                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     39120 | NS      | $6159835.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc                       | Lennox International Inc                              | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |       136 | NS      | $68680.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One         | Liberty Media Corp-Liberty Formula One                | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16366 | NS      | $1634145.10   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc                   | Life Time Group Holdings Inc                          | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    151936 | NS      | $3757377.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                 | Eli Lilly & Co                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     39059 | NS      | $33702448.74  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc                  | Lincoln Electric Holdings Inc                         | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     45944 | NS      | $10771570.80  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc                  | Live Nation Entertainment Inc                         | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |    164043 | NS      | $24529349.79  | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Lockheed Martin Corp                           | Lockheed Martin Corp                                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     27750 | NS      | $13649670.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corp                                     | Loews Corp                                            | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     22255 | NS      | $2215707.80   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                         | Louisiana-Pacific Corp                                | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |        68 | NS      | $5923.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                 | Lowe's Cos Inc                                        | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       102 | NS      | $24289.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                  | M&T Bank Corp                                         | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |        46 | NS      | $8458.02      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Inc                                     | Macy's Inc                                            | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |   1037345 | NS      | $20217854.05  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                       | Manhattan Associates Inc                              | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |        23 | NS      | $4187.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                       | Marsh & McLennan Cos Inc                              | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     91738 | NS      | $16343124.70  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD                  | Marriott International Inc/MD                         | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |       138 | NS      | $35960.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                     | MasTec Inc                                            | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |    152242 | NS      | $31081726.72  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                 | Mastercard Inc                                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     75543 | NS      | $41698980.57  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel Inc                                     | Mattel Inc                                            | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |     87950 | NS      | $1616521.00   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                                  | McKesson Corp                                         | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     41608 | NS      | $33758234.72  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                               | MercadoLibre Inc                                      | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       679 | NS      | $1580209.54   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                 | Merck & Co Inc                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       204 | NS      | $17539.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                      | Merit Medical Systems Inc                             | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     19288 | NS      | $1688471.52   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                                    | MetLife Inc                                           | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    231850 | NS      | $18506267.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                 | Microsoft Corp                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    909622 | NS      | $471011367.82 | 7.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                          | Micron Technology Inc                                 | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       238 | NS      | $53257.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                        | Modine Manufacturing Co                               | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |        92 | NS      | $14095.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Molina Healthcare Inc                          | Molina Healthcare Inc                                 | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     12069 | NS      | $1847281.14   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                   | Moody's Corp                                          | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |        23 | NS      | $11046.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                         | Motorola Solutions Inc                                | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     44604 | NS      | $18140892.84  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                         | Mueller Industries Inc                                | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |    302156 | NS      | $31989255.72  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                     | NetApp Inc                                            | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |    119367 | NS      | $14059045.26  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                           | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     64631 | NS      | $72313040.66  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                     | Neurocrine Biosciences Inc                            | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |        46 | NS      | $6587.66      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                   | Newmont Corp                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    652704 | NS      | $52849442.88  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                                 | NEXTracker Inc                                        | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20657 | NS      | $2090901.54   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                          | Northrop Grumman Corp                                 | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      7485 | NS      | $4367123.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                    | NVIDIA Corp                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   3654958 | NS      | $740092445.42 | 11.29%            |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                        | O'Reilly Automotive Inc                               | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       170 | NS      | $16054.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                       | Okta Inc                                              | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |        92 | NS      | $8420.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                    | Oracle Corp                                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       680 | NS      | $178574.80    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                            | Otis Worldwide Corp                                   | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       170 | NS      | $15769.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                    | Ovintiv Inc                                           | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |       306 | NS      | $11478.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The           | PNC Financial Services Group Inc/The                  | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       102 | NS      | $18620.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                        | PTC Inc                                               | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     90615 | NS      | $17990702.10  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                      | Palantir Technologies Inc                             | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    189322 | NS      | $37953381.34  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                         | Palo Alto Networks Inc                                | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     73491 | NS      | $16185657.84  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                    | Paychex Inc                                           | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     18985 | NS      | $2221814.55   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                            | Paycom Software Inc                                   | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      5880 | NS      | $1100089.20   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                            | PayPal Holdings Inc                                   | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     43313 | NS      | $3000291.51   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Penske Automotive Group Inc                    | Penske Automotive Group Inc                           | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |        23 | NS      | $3681.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                                   | Penumbra Inc                                          | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |     47990 | NS      | $10911486.30  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co                      | Performance Food Group Co                             | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     31127 | NS      | $3011225.98   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                     | Pfizer Inc                                            | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |       646 | NS      | $15923.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc                | Philip Morris International Inc                       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     10675 | NS      | $1540722.75   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp                           | Pilgrim's Pride Corp                                  | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |    783593 | NS      | $29854893.30  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                  | Pinterest Inc                                         | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    276261 | NS      | $9144239.10   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                                  | Primerica Inc                                         | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |     17908 | NS      | $4653751.96   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                           | Progressive Corp/The                                  | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     63311 | NS      | $13042066.00  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                               | Pure Storage Inc                                      | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     84313 | NS      | $8321693.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                                | Q2 Holdings Inc                                       | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |       184 | NS      | $11363.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                   | QUALCOMM Inc                                          | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    207853 | NS      | $37600607.70  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                     | Qualys Inc                                            | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     13694 | NS      | $1687922.44   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                                       | RLI Corp                                              | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |    187807 | NS      | $11073100.72  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                                     | Rambus Inc                                            | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     16674 | NS      | $1714754.16   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                       | RTX Corp                                              | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     14642 | NS      | $2613597.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                          | Republic Services Inc                                 | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    164510 | NS      | $34257562.40  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral Inc                                | RingCentral Inc                                       | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    145173 | NS      | $4372610.76   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                                | Ross Stores Inc                                       | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    118462 | NS      | $18825981.04  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                 | Royal Gold Inc                                        | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |     11184 | NS      | $1954851.36   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                 | S&P Global Inc                                        | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     18988 | NS      | $9251143.48   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                             | SEI Investments Co                                    | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |     91091 | NS      | $7342845.51   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                   | SM Energy Co                                          | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    291479 | NS      | $6088996.31   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc                 | SS&C Technologies Holdings Inc                        | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    629923 | NS      | $53493061.16  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                           | SPX Technologies Inc                                  | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     13751 | NS      | $3078711.39   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                 | Salesforce Inc                                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     42118 | NS      | $10967948.38  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                        | Charles Schwab Corp/The                               | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    301995 | NS      | $28544567.40  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Light & Wonder Inc                             | Light & Wonder Inc                                    | CUSIP: 80874P109<br>LEI: 529900JXALYBOHXKFM62 | Long             | EC               | CORP              | US        |    229385 | NS      | $16676289.50  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                 | ServiceNow Inc                                        | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     30865 | NS      | $28373577.20  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                            | Shift4 Payments Inc                                   | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23255 | NS      | $1606920.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Champion Homes Inc                             | Champion Homes Inc                                    | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       510 | NS      | $34797.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc                | Solstice Advanced Materials Inc                       | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |     48540 | NS      | $2187697.80   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co                          | Southwest Airlines Co                                 | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |        49 | NS      | $1484.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc                     | Sprouts Farmers Market Inc                            | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     17736 | NS      | $1400434.56   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                      | Block Inc                                             | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |        28 | NS      | $2126.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                     | Stride Inc                                            | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     37420 | NS      | $2546056.80   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Stryker Corp                                   | Stryker Corp                                          | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    127919 | NS      | $45569864.56  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                   | Synopsys Inc                                          | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |       136 | NS      | $61719.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                 | TD SYNNEX Corp                                        | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |    161224 | NS      | $25229943.76  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                            | Synchrony Financial                                   | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     30177 | NS      | $2244565.26   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                | TJX Cos Inc/The                                       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    697865 | NS      | $97798801.10  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                    | Target Corp                                           | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     76394 | NS      | $7083251.68   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                           | Targa Resources Corp                                  | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |       782 | NS      | $120459.28    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                      | Taylor Morrison Home Corp                             | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |       782 | NS      | $46349.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                      | Teledyne Technologies Inc                             | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      2362 | NS      | $1244348.84   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                           | Tenable Holdings Inc                                  | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |    142566 | NS      | $4137265.32   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                          | Tenet Healthcare Corp                                 | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     51943 | NS      | $10725710.07  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradata Corp                                  | Teradata Corp                                         | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    141326 | NS      | $2946647.10   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                      | Tesla Inc                                             | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    163358 | NS      | $74582728.48  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                          | Texas Instruments Inc                                 | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       510 | NS      | $82344.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc                                  | Tidewater Inc                                         | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     57969 | NS      | $2932651.71   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                          | Travelers Cos Inc/The                                 | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       589 | NS      | $158217.18    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                     | Twilio Inc                                            | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |        68 | NS      | $9171.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                             | UMB Financial Corp                                    | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     17317 | NS      | $1850840.96   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                     | US Bancorp                                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       272 | NS      | $12696.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                          | Uber Technologies Inc                                 | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |       374 | NS      | $36091.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                          | US Foods Holding Corp                                 | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     25430 | NS      | $1846726.60   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp                       | United Therapeutics Corp                              | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |        23 | NS      | $10244.89     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                         | UnitedHealth Group Inc                                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |        34 | NS      | $11613.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc                  | Universal Health Services Inc                         | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |        23 | NS      | $4991.23      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                           | Urban Outfitters Inc                                  | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     33610 | NS      | $2171542.10   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc                            | Varonis Systems Inc                                   | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     99837 | NS      | $3517257.51   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                   | Veralto Corp                                          | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     70106 | NS      | $6918060.08   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                                   | VeriSign Inc                                          | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     15853 | NS      | $3801549.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                     | Verizon Communications Inc                            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       340 | NS      | $13511.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                           | Verisk Analytics Inc                                  | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       102 | NS      | $22313.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc                                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    211833 | NS      | $72179976.42  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                                   | Vontier Corp                                          | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     33225 | NS      | $1279162.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp       | Westinghouse Air Brake Technologies Corp              | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     64250 | NS      | $13135270.00  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | Walmart Inc                                           | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    205076 | NS      | $20749589.68  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                          | Waste Connections Inc                                 | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |    176325 | NS      | $29566176.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                           | Waste Management Inc                                  | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     27879 | NS      | $5569387.83   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                         | Webster Financial Corp                                | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     62458 | NS      | $3562604.32   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                               | Wells Fargo & Co                                      | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      1258 | NS      | $109408.26    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                       | Western Alliance Bancorp                              | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |        46 | NS      | $3558.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  26649627 | NS      | $26662951.99  | 0.41%             |  |  |  | No            |                  1 | 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        | 179080000 | NS      | $179080000.00 | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                    | Workday Inc                                           | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     21805 | NS      | $5231455.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Xylem Inc/NY                                   | Xylem Inc/NY                                          | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       184 | NS      | $27756.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                     | Zimmer Biomet Holdings Inc                            | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |        14 | NS      | $1407.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                    | Zscaler Inc                                           | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     29443 | NS      | $9749755.02   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                        | Zoom Communications Inc                               | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |       238 | NS      | $20760.74     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | SP500 MIC EMIN FUTDEC25                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         2 | NC      | $2278.06      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                     | Amdocs Ltd                                            | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |    127930 | NS      | $10779381.80  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc                          | Anglogold Ashanti Plc                                 | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     26638 | NS      | $1811384.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                        | Aon PLC                                               | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |       102 | NS      | $34749.36     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                         | Arch Capital Group Ltd                                | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     29289 | NS      | $2527933.59   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                      | Axis Capital Holdings Ltd                             | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    112470 | NS      | $10533940.20  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC                                         | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |       442 | NS      | $110544.20    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd             | Credo Technology Group Holding Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     38843 | NS      | $7287723.66   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                 | Eaton Corp PLC                                        | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     14576 | NS      | $5561618.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd                               | Essent Group Ltd                                      | CUSIP: 000000000<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |        69 | NS      | $4179.33      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                    | Genpact Ltd                                           | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |     91396 | NS      | $3486757.40   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc             | Johnson Controls International plc                    | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |       230 | NS      | $26309.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                      | Linde PLC                                             | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     26912 | NS      | $11257289.60  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                 | NU Holdings Ltd/Cayman Islands                        | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |    250817 | NS      | $4040661.87   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                             | Royalty Pharma PLC                                    | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |       510 | NS      | $19145.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                    | Pentair PLC                                           | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |       253 | NS      | $26906.55     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                                 | TechnipFMC PLC                                        | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    283462 | NS      | $11721153.70  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                         | Trane Technologies PLC                                | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     53385 | NS      | $23951180.25  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd                            | Viking Holdings Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    504872 | NS      | $30721461.20  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                      | Chubb Ltd                                             | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     71148 | NS      | $19703727.12  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                     | Garmin Ltd                                            | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |       161 | NS      | $34444.34     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                          | Spotify Technology SA                                 | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |        23 | NS      | $15072.36     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd          | Check Point Software Technologies Ltd                 | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |    582805 | NS      | $114043282.40 | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                    | Royal Caribbean Cruises Ltd                           | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     13141 | NS      | $3769233.03   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                       | Flex Ltd                                              | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     51576 | NS      | $3224531.52   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** BlackRock ETF Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer