# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0001752724-25-210407
**Filing Date:** 2025-8
**Character Count:** 81904
**Document Hash:** 924cfbccab317d1c353b554dc7201033
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210407.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210407

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Variable Series Funds, Inc.
- **CENTRAL INDEX KEY:** 0000355916

**ORGANIZATION NAME:**
- **EIN:** 133093080
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03290
- **FILM NUMBER:** 251268904

**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:** FAM Variable Series Funds, Inc.
- **DATE OF NAME CHANGE:** 20050720

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH VARIABLE SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BlackRock Advantage Large Cap Value V.I. Fund (Series ID: S000002878)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007911 | Class I      |  |
| C000007913 | Class III    |  |

## 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 Variable Series Funds, Inc.

- **b. Investment Company Act file number:** 811-03290

- **c. CIK number of Registrant:** 0000355916

- **d. LEI of Registrant:** 5493007IJN5JRPJ1DF61

- **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 Advantage Large Cap Value V.I. Fund

- **b. EDGAR series identifier (if any):** S000002878

- **c. LEI of Series:** T5D8YQNN0LUF0THBUO53

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

- **a. Date of fiscal year-end:** 2025-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $102346803.45

**Total Liabilities:** $2120220.91

**Net Assets:** $100226582.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007913 | -2.40%               | 3.42%                | 3.10%                |
| Class ID C000007911 | -2.52%               | 3.61%                | 3.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-366178.89              | $-2225231.62                               |
| Month 2  | $-80510.26               | $3258097.97                                |
| Month 3  | $854176.06               | $1970611.82                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                         | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Intercontinental Exchange, Inc.              | Intercontinental Exchange, Inc.                        | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      6266 | NS      | $1149623.02   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                              | Eaton Corp. plc                                        | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      1086 | NS      | $387691.14    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp.                       | Monster Beverage Corp.                                 | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |       177 | NS      | $11087.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                           | Lam Research Corp.                                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      1168 | NS      | $113693.12    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                            | Exxon Mobil Corp.                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     11086 | NS      | $1195070.80   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                               | Alphabet, Inc., Class A                                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      9855 | NS      | $1736746.65   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                    | United Therapeutics Corp.                              | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       546 | NS      | $156893.10    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                    | CubeSmart                                              | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13439 | NS      | $571157.50    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington, Inc. | Expeditors International of Washington, Inc.           | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      2608 | NS      | $297964.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                | Walmart, Inc.                                          | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     25036 | NS      | $2448020.08   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group, Inc.                              | CME Group, Inc., Class A                               | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      2805 | NS      | $773114.10    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                              | Ingredion, Inc.                                        | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      1051 | NS      | $142536.62    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group, Inc.              | Interactive Brokers Group, Inc., Class A               | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      1650 | NS      | $91426.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                       | Waste Management, Inc.                                 | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       426 | NS      | $97477.32     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                             | OGE Energy Corp.                                       | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      8694 | NS      | $385839.72    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                               | Amphenol Corp., Class A                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      4389 | NS      | $433413.75    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, Inc.                                 | AMETEK, Inc.                                           | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      5457 | NS      | $987498.72    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares, Inc.                  | Huntington Bancshares, Inc.                            | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     32555 | NS      | $545621.80    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                 | NVIDIA Corp.                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      1128 | NS      | $178212.72    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp.                                   | PG&E Corp.                                             | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     34674 | NS      | $483355.56    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com, Inc.                                       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9945 | NS      | $2181833.55   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical, Inc.                | BioMarin Pharmaceutical, Inc.                          | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |      5443 | NS      | $299201.71    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv, Inc.                                | Ovintiv, Inc.                                          | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |      4258 | NS      | $162016.90    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd.          | Credo Technology Group Holding Ltd.                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |       883 | NS      | $81756.97     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                    | NVR, Inc.                                              | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        18 | NS      | $132941.88    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings, Inc.           | BJ's Wholesale Club Holdings, Inc.                     | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |       125 | NS      | $13478.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                     | Bristol-Myers Squibb Co.                               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     19373 | NS      | $896776.17    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                | Danaher Corp.                                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1284 | NS      | $253641.36    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                                   | Elastic NV                                             | CUSIP: N/A<br>LEI: 2549003I48WHHH937I59       | Long             | EC               | CORP              | NL        |      3871 | NS      | $326441.43    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                               | Alphabet, Inc., Class C                                | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6000 | NS      | $1064340.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins, Inc.                                | Cummins, Inc.                                          | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1675 | NS      | $548562.50    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp.                                  | Intel Corp.                                            | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     13808 | NS      | $309299.20    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                      | Boston Scientific Corp.                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      9740 | NS      | $1046173.40   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                 | Intuit, Inc.                                           | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       243 | NS      | $191394.09    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                | Owens Corning                                          | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      1177 | NS      | $161861.04    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters, Inc.                       | Urban Outfitters, Inc.                                 | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |       427 | NS      | $30974.58     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen, Inc.                                 | Biogen, Inc.                                           | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      1312 | NS      | $164774.08    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                  | Apple, Inc.                                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      2537 | NS      | $520516.29    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp.                                | Moody's Corp.                                          | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       963 | NS      | $483031.17    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest, Inc.                              | Pinterest, Inc., Class A                               | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1824 | NS      | $65408.64     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv, Inc.                                 | Fiserv, Inc.                                           | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |       774 | NS      | $133445.34    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies, Inc.             | GE HealthCare Technologies, Inc.                       | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |       372 | NS      | $27554.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                           | Devon Energy Corp.                                     | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     35531 | NS      | $1130241.11   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                         | NextEra Energy, Inc.                                   | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      4719 | NS      | $327592.98    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                          | Toll Brothers, Inc.                                    | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      2139 | NS      | $244124.07    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp.                                    | Fox Corp., Class A                                     | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      7377 | NS      | $413407.08    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp.                             | Fair Isaac Corp.                                       | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        44 | NS      | $80430.24     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                          | BlackRock Cash Funds: Institutional, SL Agency Shares  | CUSIP: 066922519<br>LEI: 549300JDHS1T46VWOG19 | Long             | STIV             | RF                | US        |   2026471 | NS      | $2027281.88   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Slide Insurance Holdings, Inc.               | Slide Insurance Holdings, Inc.                         | CUSIP: 831349105<br>LEI: 2549004LDWZTPC69SX47 | Long             | EC               | CORP              | US        |      3994 | NS      | $86510.04     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                        | Cheniere Energy, Inc.                                  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      2482 | NS      | $604416.64    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                | Veralto Corp.                                          | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       422 | NS      | $42600.90     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                         | American Express Co.                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      1618 | NS      | $516109.64    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co., Inc.                  | Acadia Healthcare Co., Inc.                            | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      1751 | NS      | $39730.19     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                      | Uber Technologies, Inc.                                | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      1851 | NS      | $172698.30    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                         | Allstate Corp. (The)                                   | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      2979 | NS      | $599702.49    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker, Inc.                             | NEXTracker, Inc., Class A                              | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1170 | NS      | $63612.90     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                         | Edison International                                   | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      6671 | NS      | $344223.60    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      4604 | NS      | $703261.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Merck & Co., Inc.                            | Merck & Co., Inc.                                      | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      3098 | NS      | $245237.68    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T, Inc.                                   | AT&T, Inc.                                             | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     13171 | NS      | $381168.74    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| XP, Inc.                                     | XP, Inc., Class A                                      | CUSIP: N/A<br>LEI: 5493008KDA8NBZRJST80       | Long             | EC               | CORP              | KY        |      5434 | NS      | $109766.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                                 | Pfizer, Inc.                                           | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     64832 | NS      | $1571527.68   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutions, Inc.       | Bright Horizons Family Solutions, Inc.                 | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       171 | NS      | $21133.89     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair plc                                  | Pentair plc                                            | CUSIP: N/A<br>LEI: 549300EVR9D56WPSRP15       | Long             | EC               | CORP              | IE        |      3768 | NS      | $386822.88    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries, Inc.                     | Mueller Industries, Inc.                               | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |       643 | NS      | $51099.21     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | S&P 500 E-Mini Index                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $33135.15     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour, Inc.                           | Under Armour, Inc., Class C                            | CUSIP: 904311206<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |       737 | NS      | $4783.13      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                  | Nucor Corp.                                            | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      2723 | NS      | $352737.42    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                       | Juniper Networks, Inc.                                 | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |      1278 | NS      | $51030.54     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                  | United Parcel Service, Inc., Class B                   | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      6263 | NS      | $632187.22    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.                     | Marvell Technology, Inc.                               | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7841 | NS      | $606893.40    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                   | Simon Property Group, Inc.                             | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      2413 | NS      | $387913.88    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings, Inc.   | Knight-Swift Transportation Holdings, Inc.             | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3131 | NS      | $138484.13    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                           | Chord Energy Corp.                                     | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      1266 | NS      | $122612.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc           | Johnson Controls International plc                     | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |      1626 | NS      | $171738.12    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                      | Progressive Corp. (The)                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       927 | NS      | $247379.22    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp.    | Westinghouse Air Brake Technologies Corp.              | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |       692 | NS      | $144870.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)                       | Home Depot, Inc. (The)                                 | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2966 | NS      | $1087454.24   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                | Newmont Corp.                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      7043 | NS      | $410325.18    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dentsply Sirona, Inc.                        | Dentsply Sirona, Inc.                                  | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |      1650 | NS      | $26202.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                    | Williams Cos., Inc. (The)                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     10169 | NS      | $638714.89    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign, Inc.                               | VeriSign, Inc.                                         | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      1056 | NS      | $304972.80    | 0.30%             |  |  |  | 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        |      5723 | NS      | $1066881.66   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax, Inc.                                 | CarMax, Inc.                                           | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       620 | NS      | $41670.20     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos., Inc. (The)                   | Travelers Cos., Inc. (The)                             | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      4938 | NS      | $1321112.52   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe, Inc.                                  | Adobe, Inc.                                            | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      1110 | NS      | $429436.80    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Smithfield Foods, Inc.                       | Smithfield Foods, Inc.                                 | CUSIP: 832248207<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | EC               | CORP              | US        |       962 | NS      | $22635.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems, Inc.                          | Veeva Systems, Inc., Class A                           | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |       193 | NS      | $55580.14     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp.                       | General Dynamics Corp.                                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      2005 | NS      | $584778.30    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                           | Ralph Lauren Corp., Class A                            | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      1968 | NS      | $539783.04    | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Autodesk, Inc.                               | Autodesk, Inc.                                         | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       896 | NS      | $277374.72    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp.                               | Huntsman Corp.                                         | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     15358 | NS      | $160030.36    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                 | Ventas, Inc.                                           | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      8749 | NS      | $552499.35    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                    | Consolidated Edison, Inc.                              | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      9948 | NS      | $998281.80    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera, Inc.                                 | Natera, Inc.                                           | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1156 | NS      | $195294.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                           | Kimco Realty Corp.                                     | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     34622 | NS      | $727754.44    | 0.73%             |  |  |  | No            |                  1 | On Loan: —       |
| Citigroup, Inc.                              | Citigroup, Inc.                                        | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     12277 | NS      | $1045018.24   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.                             | S&P Global, Inc.                                       | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1930 | NS      | $1017669.70   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                 | Nasdaq, Inc.                                           | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      4134 | NS      | $369662.28    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                               | AutoZone, Inc.                                         | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |        32 | NS      | $118791.36    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd.                                 | Invesco Ltd.                                           | CUSIP: N/A<br>LEI: ECPGFXU8A2SHKVVGJI15       | Long             | EC               | CORP              | BM        |     22354 | NS      | $352522.58    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp.                                    | Fox Corp., Class B                                     | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |       640 | NS      | $33043.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace, Inc.                              | Dynatrace, Inc.                                        | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |       763 | NS      | $42125.23     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                              | Gap, Inc. (The)                                        | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |      3009 | NS      | $65626.29     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics, Inc.                   | Sarepta Therapeutics, Inc.                             | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |      2135 | NS      | $36508.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group, Inc.                       | Alaska Air Group, Inc.                                 | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |      1174 | NS      | $58089.52     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                         | Meta Platforms, Inc., Class A                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1145 | NS      | $845113.05    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below, Inc.                             | Five Below, Inc.                                       | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |       104 | NS      | $13642.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                | Medtronic plc                                          | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     15682 | NS      | $1366999.94   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                       | Costco Wholesale Corp.                                 | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       686 | NS      | $679098.84    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.                  | Keysight Technologies, Inc.                            | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |       975 | NS      | $159763.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.            | Philip Morris International, Inc.                      | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      7291 | NS      | $1327909.83   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper, Inc.                       | Keurig Dr Pepper, Inc.                                 | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     22972 | NS      | $759454.32    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                                | Comcast Corp., Class A                                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     27200 | NS      | $970768.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy, Inc.                                | GoDaddy, Inc., Class A                                 | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |       250 | NS      | $45015.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                     | Motorola Solutions, Inc.                               | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      1760 | NS      | $740009.60    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                            | Black Hills Corp.                                      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |       481 | NS      | $26984.10     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                        | Cardinal Health, Inc.                                  | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      6737 | NS      | $1131816.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp.                       | Antero Resources Corp.                                 | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |      6732 | NS      | $271164.96    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone, Inc.                             | Blackstone, Inc., Class A                              | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |      2327 | NS      | $348072.66    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik, Inc.                                 | Rubrik, Inc., Class A                                  | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |       385 | NS      | $34492.15     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp.                       | Tenet Healthcare Corp.                                 | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |        85 | NS      | $14960.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.                    | Rockwell Automation, Inc.                              | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       100 | NS      | $33217.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                          | Cisco Systems, Inc.                                    | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     10103 | NS      | $700946.14    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning, Inc.                                | Corning, Inc.                                          | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     13152 | NS      | $691663.68    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.         | Cognizant Technology Solutions Corp., Class A          | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |       450 | NS      | $35113.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMorgan Chase & Co.                                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10582 | NS      | $3067827.62   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource, Inc.                               | NiSource, Inc.                                         | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |      3252 | NS      | $131185.68    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                     | Berkshire Hathaway, Inc., Class B                      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      5208 | NS      | $2529890.16   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                               | Morgan Stanley                                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     11917 | NS      | $1678628.62   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore, Inc.                               | Evercore, Inc., Class A                                | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |       141 | NS      | $38072.82     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.                 | Advanced Micro Devices, Inc.                           | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      2983 | NS      | $423287.70    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                         | Analog Devices, Inc.                                   | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       723 | NS      | $172088.46    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                        | Colgate-Palmolive Co.                                  | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      2750 | NS      | $249975.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software, Inc.          | Take-Two Interactive Software, Inc.                    | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |       948 | NS      | $230221.80    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                | Chevron Corp.                                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1220 | NS      | $174691.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Cigna Group (The)                            | Cigna Group (The)                                      | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       623 | NS      | $205951.34    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp.                              | Atlassian Corp., Class A                               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |       185 | NS      | $37571.65     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co.                              | Halliburton Co.                                        | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     21561 | NS      | $439413.18    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines, Inc.                        | Delta Air Lines, Inc.                                  | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      6815 | NS      | $335161.70    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                               | ConocoPhillips                                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      4214 | NS      | $378164.36    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                    | Flex Ltd.                                              | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |     12264 | NS      | $612218.88    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                   | Charles Schwab Corp. (The)                             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     16934 | NS      | $1545058.16   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                               | Reliance, Inc.                                         | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |       623 | NS      | $195559.70    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp.                   | Edwards Lifesciences Corp.                             | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      3407 | NS      | $266461.47    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology, Inc.                      | Micron Technology, Inc.                                | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       782 | NS      | $96381.50     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                                 | Allegion plc                                           | CUSIP: N/A<br>LEI: 984500560CAC2E6FB757       | Long             | EC               | CORP              | IE        |       591 | NS      | $85174.92     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                          | Coca-Cola Co. (The)                                    | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       940 | NS      | $66505.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours, Inc.                      | DuPont de Nemours, Inc.                                | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |      8340 | NS      | $572040.60    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                            | Caterpillar, Inc.                                      | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       377 | NS      | $146355.17    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                         | TJX Cos., Inc. (The)                                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      5414 | NS      | $668574.86    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                              | Welltower, Inc.                                        | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |       557 | NS      | $85627.61     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow, Inc.                                    | Dow, Inc.                                              | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |      1398 | NS      | $37019.04     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                   | Procter & Gamble Co. (The)                             | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      6766 | NS      | $1077959.12   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                    | BlackRock Liquidity Funds, T-Fund, Institutional Class | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    873993 | NS      | $873992.62    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation, Inc.                        | Onto Innovation, Inc.                                  | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      1277 | NS      | $128887.61    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications, Inc.                 | Verizon Communications, Inc.                           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     20866 | NS      | $902871.82    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT, Inc.                               | NNN REIT, Inc.                                         | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |      7723 | NS      | $333479.14    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)                        | Walt Disney Co. (The)                                  | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      7533 | NS      | $934167.33    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                             | AutoNation, Inc.                                       | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       572 | NS      | $113627.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corp.                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       958 | NS      | $476518.78    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA, Inc.                    | Comfort Systems USA, Inc.                              | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       374 | NS      | $200542.54    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries, Inc.             | Armstrong World Industries, Inc.                       | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      1116 | NS      | $181283.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co.                           | DXC Technology Co.                                     | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |       973 | NS      | $14877.17     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp.                                  | Alcoa Corp.                                            | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |      2266 | NS      | $66869.66     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | Bank of America Corp.                                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     45489 | NS      | $2152539.48   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                               | Public Storage                                         | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |        37 | NS      | $10856.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter, Inc.                           | Badger Meter, Inc.                                     | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |       295 | NS      | $72260.25     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global, Inc.                         | Remitly Global, Inc.                                   | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7720 | NS      | $144904.40    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections, Inc.                      | Waste Connections, Inc.                                | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      2465 | NS      | $460264.80    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors, Inc.                          | Lithia Motors, Inc., Class A                           | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      1220 | NS      | $412140.40    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International, Inc.                | Honeywell International, Inc.                          | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      2637 | NS      | $614104.56    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                    | RTX Corp.                                              | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      5340 | NS      | $779746.80    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                   | Unum Group                                             | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |      5108 | NS      | $412522.08    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab, Inc.                                 | Ecolab, Inc.                                           | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       870 | NS      | $234412.80    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                 | AbbVie, Inc.                                           | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      4642 | NS      | $861648.04    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Dun & Bradstreet Holdings, Inc.              | Dun & Bradstreet Holdings, Inc.                        | CUSIP: 26484T106<br>LEI: 254900LNALVKD1ZX7U27 | Long             | EC               | CORP              | US        |      1183 | NS      | $10753.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                          | Union Pacific Corp.                                    | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      2284 | NS      | $525502.72    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.              | Regeneron Pharmaceuticals, Inc.                        | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      1895 | NS      | $994875.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                       | Booking Holdings, Inc.                                 | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        90 | NS      | $521031.60    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo, Inc.                                  | Qorvo, Inc.                                            | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |       380 | NS      | $32265.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                | IDACORP, Inc.                                          | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      1454 | NS      | $167864.30    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group, Inc.                           | Zillow Group, Inc., Class A                            | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |       184 | NS      | $12602.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                        | Gilead Sciences, Inc.                                  | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       893 | NS      | $99006.91     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                            | Duke Energy Corp.                                      | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       483 | NS      | $56994.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                     | UnitedHealth Group, Inc.                               | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3807 | NS      | $1187669.79   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                           | General Motors Co.                                     | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      5842 | NS      | $287484.82    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.               | Thermo Fisher Scientific, Inc.                         | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1287 | NS      | $521827.02    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp.                                  | HEICO Corp., Class A                                   | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1483 | NS      | $383726.25    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                                  | FedEx Corp.                                            | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      3802 | NS      | $864232.62    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                    | O'Reilly Automotive, Inc.                              | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2055 | NS      | $185217.15    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp.                                  | Dover Corp.                                            | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |       115 | NS      | $21071.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp.                                 | Incyte Corp.                                           | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      1888 | NS      | $128572.80    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                        | Parker-Hannifin Corp.                                  | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1734 | NS      | $1211146.98   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works, Inc.                    | Illinois Tool Works, Inc.                              | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |        88 | NS      | $21758.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                             | McDonald's Corp.                                       | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1311 | NS      | $383034.87    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands, Inc.                            | Yum! Brands, Inc.                                      | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      2731 | NS      | $404679.58    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc                                | Accenture plc, Class A                                 | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      2200 | NS      | $657558.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                        | Targa Resources Corp.                                  | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      1245 | NS      | $216729.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                    | Crane Co.                                              | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |       636 | NS      | $120770.04    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market, Inc.                 | Sprouts Farmers Market, Inc.                           | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |       228 | NS      | $37537.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Etoro Group Ltd.                             | Etoro Group Ltd., Class A                              | CUSIP: N/A<br>LEI: 213800XPRPJK2X5QRG86       | Long             | EC               | CORP              | VG        |      1595 | NS      | $106211.05    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner, Inc.                             | BorgWarner, Inc.                                       | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     17163 | NS      | $574617.24    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co. (The)                     | New York Times Co. (The), Class A                      | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |      3128 | NS      | $175105.44    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                | Entergy Corp.                                          | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     14720 | NS      | $1223526.40   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec, Inc.                                 | MasTec, Inc.                                           | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      3182 | NS      | $542308.26    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM, Inc.                               | QUALCOMM, Inc.                                         | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      3555 | NS      | $566169.30    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Caris Life Sciences, Inc.                    | Caris Life Sciences, Inc.                              | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |       508 | NS      | $13573.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chime Financial, Inc.                        | Chime Financial, Inc., Class A                         | CUSIP: 16935C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3447 | NS      | $118955.97    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus, Inc.                                 | Rambus, Inc.                                           | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |       520 | NS      | $33290.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Voyager Technologies, Inc.                   | Voyager Technologies, Inc., Class A                    | CUSIP: 92892B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       140 | NS      | $5495.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                                | Centene Corp.                                          | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      6032 | NS      | $327416.96    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Scotts Miracle-Gro Co. (The)                 | Scotts Miracle-Gro Co. (The)                           | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |      3773 | NS      | $248867.08    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                        | Lockheed Martin Corp.                                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      2225 | NS      | $1030486.50   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp.                              | Flowserve Corp.                                        | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     11981 | NS      | $627205.35    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp. of America                   | Packaging Corp. of America                             | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      3487 | NS      | $657125.15    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                      | Texas Instruments, Inc.                                | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      3636 | NS      | $754906.32    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna, Inc.                                | Moderna, Inc.                                          | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |      1688 | NS      | $46571.92     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                             | Salesforce, Inc.                                       | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2835 | NS      | $773076.15    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd.                                  | Garmin Ltd.                                            | CUSIP: N/A<br>LEI: 2549001E0HIPIJQ0W046       | Long             | EC               | CORP              | CH        |      1409 | NS      | $294086.48    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                              | DR Horton, Inc.                                        | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      2243 | NS      | $289167.56    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                | Equinix, Inc.                                          | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1559 | NS      | $1240137.73   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                                 | Cintas Corp.                                           | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1789 | NS      | $398714.43    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                           | Best Buy Co., Inc.                                     | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      1900 | NS      | $127547.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** BlackRock Variable Series Funds, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer