# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0001752724-25-177007
**Filing Date:** 2025-7
**Character Count:** 28180
**Document Hash:** 3ede4139886e64b77d5e61145f6c2373
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177007.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-177007

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250530

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS
- **CENTRAL INDEX KEY:** 0000844779

**ORGANIZATION NAME:**
- **EIN:** 510318674
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05742
- **FILM NUMBER:** 251146620

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMPASS CAPITAL FUNDS\
- **DATE OF NAME CHANGE:** 19961114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PNC FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCP FUNDS
- **DATE OF NAME CHANGE:** 19890511

## Series and Classes Contracts Data

### BlackRock Technology Opportunities Fund (Series ID: S000001510)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000004062 | INSTITUTIONAL  | BGSIX           |
| C000004063 | SERVICE        | BSTSX           |
| C000004064 | INVESTOR A     | BGSAX           |
| C000004066 | INVESTOR C     | BGSCX           |
| C000037630 | Class R Shares |  |
| C000216612 | Class K        |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Funds

- **b. Investment Company Act file number:** 811-05742

- **c. CIK number of Registrant:** 0000844779

- **d. LEI of Registrant:** 549300OZUEVJZHOBFP42

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

- **a. Name of Series:** BlackRock Technology Opportunities Fund

- **b. EDGAR series identifier (if any):** S000001510

- **c. LEI of Series:** 549300ED38YSMGQKQY06

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $6064278731.57

**Total Liabilities:** $8870008.54

**Net Assets:** $6055408723.03

**Cash Not Reported:** $482080.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004062 | -11.05%              | 3.32%                | 11.31%               |
| Class ID C000004063 | -11.06%              | 3.29%                | 11.30%               |
| Class ID C000004064 | -11.05%              | 3.30%                | 11.29%               |
| Class ID C000004066 | -11.11%              | 3.21%                | 11.22%               |
| Class ID C000037630 | -11.08%              | 3.27%                | 11.27%               |
| Class ID C000216612 | -11.03%              | 3.30%                | 11.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $74553729.82             | $-721677029.14                             |
| Month 2  | $-42126555.80            | $213572100.08                              |
| Month 3  | $72929950.10             | $528408115.32                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALPHABET INC                     | ALPHABET INC-CL A                         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    355297 | NS      | $61018706.78  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNQORK INC                       | UNQORK INC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11480 | NS      | $70487.20     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BYTEDANCE LTD                    | BYTEDANCE LTD                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | KY        |     94889 | NS      | $22018043.56  | 0.36%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Atlassian Corp                   | Atlassian Corp                            | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |    208912 | NS      | $43376398.56  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc         | Crowdstrike Holdings Inc                  | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |    190532 | NS      | $89811068.84  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                    | AppLovin Corp                             | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    223496 | NS      | $87833928.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DATABRICKS INC                   | DATABRICKS INC                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    319983 | NS      | $29598427.50  | 0.49%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Microchip Technology Inc         | Microchip Technology Inc                  | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    386568 | NS      | $22436406.72  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                      | Netflix Inc                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     49709 | NS      | $60010196.07  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                             | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    592428 | NS      | $114528180.96 | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                         | RELX PLC                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |   1467427 | NS      | $78968383.12  | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| DATABRICKS INC                   | DATABRICKS INC                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    211425 | NS      | $19556812.50  | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PSIQUANTUM CORP                  | PSIQUANTUM CORP                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    581814 | NS      | $19624586.22  | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SAP SE                           | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    392732 | NS      | $118809351.00 | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Salesforce Inc                   | Salesforce Inc                            | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    185835 | NS      | $49315033.95  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software    | Take-Two Interactive Software Inc         | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |    291696 | NS      | $66004970.88  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                      | Samsara Inc                               | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    941327 | NS      | $43809358.58  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd        | Alibaba Group Holding Ltd                 | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |   4306852 | NS      | $61320150.37  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| THINK & LEARN PVT LTD            | THINK & LEARN PVT LTD                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | IN        |      2371 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SERVICENOW INC                   | SERVICENOW INC                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    117507 | NS      | $118810152.63 | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| UNQORK INC                       | UNQORK INC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7120 | NS      | $39017.60     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Tesla Inc                        | Tesla Inc                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     98818 | NS      | $34236484.28  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA            | Spotify Technology SA                     | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |    185589 | NS      | $123442667.46 | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                  | ASML Holding NV                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     73956 | NS      | $54486359.50  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                  | Nintendo Co Ltd                           | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |    559700 | NS      | $45663935.61  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| UNQORK INC                       | UNQORK INC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6600 | NS      | $34386.00     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UNQORK INC                       | UNQORK INC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    149520 | NS      | $771523.20    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Xero Ltd                         | Xero Ltd                                  | CUSIP: 000000000<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |    436358 | NS      | $51834311.78  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Shopify Inc                      | Shopify Inc                               | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    460460 | NS      | $49370521.20  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc       | Cadence Design Systems Inc                | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    504700 | NS      | $144884229.00 | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| THINK & LEARN PVT LTD            | THINK & LEARN PVT LTD                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IN        |      2241 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AMAZON.COM INC                   | AMAZON.COM INC                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    956017 | NS      | $195993045.17 | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                   | MICROSOFT CORP                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1119667 | NS      | $515449900.12 | 8.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                       | Intel Corp                                | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |   1484640 | NS      | $29024712.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corp                       | Disco Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    134200 | NS      | $30062286.58  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadcom Inc                     | Broadcom Inc                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1680805 | NS      | $406872466.35 | 6.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                    | Coherent Corp                             | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |    452378 | NS      | $34213348.14  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International NV             | ASM International NV                      | CUSIP: 000000000<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |     88936 | NS      | $48403074.50  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Guidewire Software Inc           | Guidewire Software Inc                    | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    272068 | NS      | $58500061.36  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds T-Fund | BlackRock Liquidity Funds T-Fund          | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        | 153448597 | NS      | $153448597.18 | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| UNQORK INC                       | UNQORK INC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17880 | NS      | $93512.40     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Autodesk Inc                     | Autodesk Inc                              | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    160675 | NS      | $47579081.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                       | Elastic NV                                | CUSIP: 000000000<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | US        |    255981 | NS      | $20701183.47  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMBANOVA SYSTEMS INC            | SAMBANOVA SYSTEMS INC                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    184153 | NS      | $8695704.66   | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS INC                   | DATABRICKS INC                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258450 | NS      | $23906625.00  | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Palo Alto Networks Inc           | Palo Alto Networks Inc                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    212465 | NS      | $40882515.30  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                    | Snowflake Inc                             | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |    768918 | NS      | $158143365.06 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| UNQORK INC                       | UNQORK INC                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    304000 | NS      | $2441120.00   | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Adyen NV                         | Adyen NV                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |     37641 | NS      | $72138199.23  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Software Inc/Can   | Constellation Software Inc/Canada         | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     22901 | NS      | $83032666.42  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC       | Constellation Software Inc/Canada         | CUSIP: 21037X134<br>LEI: 549300B6PYHMCTDWQV29 | N/A              | DE               | CORP              | CA        |     22107 | NC      | $0.16         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| NVIDIA CORP                      | NVIDIA CORP                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   5845944 | NS      | $789962412.72 | 13.05%            |  |  |  | No            |                  1 | On Loan: No      |
| AceVector Limited                | AceVector Limited                         | CUSIP: 000000000<br>LEI: 5493002HL9KOT2Y5UT46 | Long             | EC               | CORP              | IN        |    304000 | NS      | $105685.07    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Deutsche Boerse AG               | Deutsche Boerse AG                        | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |    130565 | NS      | $42061367.39  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                 | MERCADOLIBRE INC                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |     46415 | NS      | $118975105.35 | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| KLARNA GROUP PLC                 | KLARNA GROUP PLC                          | CUSIP: 000000000<br>LEI: 636700HER4JIK7GZUN17 | Long             | EC               | CORP              | GB        |    307200 | NS      | $11498496.00  | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CME Group Inc                    | CME Group Inc                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    149578 | NS      | $43228042.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberArk Software Ltd            | CyberArk Software Ltd                     | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |    167884 | NS      | $64262637.52  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms Inc                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    431285 | NS      | $279252724.65 | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FARMERS BUSINESS NETWORK COMMON  | FARMERS BUSINESS NETWORK COMMON           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    194200 | NS      | $240808.00    | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| APPLE INC                        | APPLE INC                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1774046 | NS      | $356317139.10 | 5.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomson Reuters Corp             | Thomson Reuters Corp                      | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |    436666 | NS      | $86757278.80  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd       | Samsung Electronics Co Ltd                | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    670369 | NS      | $27202031.77  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Monolithic Power Systems Inc     | Monolithic Power Systems Inc              | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     52667 | NS      | $34860287.30  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                      | Hitachi Ltd                               | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |   2828900 | NS      | $78814086.00  | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Lam Research Corp                | Lam Research Corp                         | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    850173 | NS      | $68685476.67  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                              | International Business Machines Corp      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    173639 | NS      | $44982919.34  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                   | MASTERCARD INC - A                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    220549 | NS      | $129153494.40 | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                      | Oracle Corp                               | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |   1061226 | NS      | $175664739.78 | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                      | Xiaomi Corp                               | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |   4102400 | NS      | $26407196.04  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Rubrik Inc                       | Rubrik Inc                                | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |    494544 | NS      | $47154770.40  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc              | Arista Networks Inc                       | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    715397 | NS      | $61981996.08  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                       | Twilio Inc                                | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    245120 | NS      | $28850624.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-24

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer