# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-157838
**Filing Date:** 2025-6
**Character Count:** 38188
**Document Hash:** fc7aae4471dcc5925a67b6cf4c4812f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-157838.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-157838

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251076918

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

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

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

## Series and Classes Contracts Data

### iShares China Large-Cap ETF (Series ID: S000004364)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000012094 | iShares China Large-Cap ETF | FXI             |

## Nport-Ex

Schedule of Investments (unaudited)

April 30, 2025

**iShares® China Large-Cap ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Automobiles — 6.6%** | **Automobiles — 6.6%** | **Automobiles — 6.6%** |
| BYD Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 5717000 | $271535818 |
| Great Wall Motor Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 14551000 | 20793245 |
| Li Auto Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7394900 | 90104419 |
|  |  | 382433482 |
| **Banks — 20.6%** | **Banks — 20.6%** | **Banks — 20.6%** |
| Agricultural Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp; 192655000 | 117561282 |
| Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp; 428547000 | 239289260 |
| Bank of Communications Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 45536200 | 39819527 |
| China CITIC Bank Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp; 58370000 | 46166361 |
| China Construction Bank Corp., Class H | &nbsp;&nbsp;&nbsp; 350824320 | 288176874 |
| China Everbright Bank Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 19293000 | 8377425 |
| China Merchants Bank Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 23717938 | 129372838 |
| China Minsheng Banking Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp; 39983600 | 18762679 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd., <br> Class H<br>| &nbsp;&nbsp;&nbsp; 377099995 | 258317775 |
| Postal Savings Bank of China Co. Ltd., Class H<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 67881000 | 41732006 |
|  |  | 1187576027 |
| **Beverages — 0.9%** | **Beverages — 0.9%** | **Beverages — 0.9%** |
| Nongfu Spring Co. Ltd., Class H<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10943400 | 50308895 |
| **Biotechnology — 1.7%** | **Biotechnology — 1.7%** | **Biotechnology — 1.7%** |
| BeiGene Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4891200 | 98848701 |
| **Broadline Retail — 12.0%** | **Broadline Retail — 12.0%** | **Broadline Retail — 12.0%** |
| Alibaba Group Holding Ltd. | &nbsp;&nbsp;&nbsp; 32484300 | 484991466 |
| JD.com Inc., Class A | &nbsp;&nbsp;&nbsp; 12491500 | 203379415 |
|  |  | 688370881 |
| **Capital Markets — 1.1%** | **Capital Markets — 1.1%** | **Capital Markets — 1.1%** |
| China Merchants Securities Co. Ltd., Class H<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 2831000 | 4293679 |
| CITIC Securities Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 10246200 | 25323776 |
| CSC Financial Co. Ltd., Class H<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 5679000 | 6425614 |
| Guotai Junan Securities Co. Ltd., Class H<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17994400 | 25646143 |
|  |  | 61689212 |
| **Communications Equipment — 0.2%** | **Communications Equipment — 0.2%** | **Communications Equipment — 0.2%** |
| ZTE Corp., Class H<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 4753200 | 14032061 |
| **Construction & Engineering — 0.2%** | **Construction & Engineering — 0.2%** | **Construction & Engineering — 0.2%** |
| China Railway Group Ltd., Class H | &nbsp;&nbsp;&nbsp; 25363000 | 10912833 |
| **Diversified Telecommunication Services — 0.7%** | **Diversified Telecommunication Services — 0.7%** | **Diversified Telecommunication Services — 0.7%** |
| China Tower Corp. Ltd., Class H<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 29260600 | 42383298 |
| **Entertainment — 4.0%** | **Entertainment — 4.0%** | **Entertainment — 4.0%** |
| NetEase Inc. | &nbsp;&nbsp;&nbsp; 10639800 | 228716878 |
| **Hotels, Restaurants & Leisure — 10.2%** | **Hotels, Restaurants & Leisure — 10.2%** | **Hotels, Restaurants & Leisure — 10.2%** |
| Meituan, Class B<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 22424720 | 371295908 |
| Trip.com Group Ltd. | &nbsp;&nbsp;&nbsp; 3615900 | 217824669 |
|  |  | 589120577 |
| **Household Durables — 1.1%** | **Household Durables — 1.1%** | **Household Durables — 1.1%** |
| Haier Smart Home Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 14451200 | 41937798 |
| Midea Group Co. Ltd., Class H<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2186900 | 20642153 |
|  |  | 62579951 |
| **Independent Power and Renewable Electricity Producers — 0.4%** | **Independent Power and Renewable Electricity Producers — 0.4%** | **Independent Power and Renewable Electricity Producers — 0.4%** |
| CGN Power Co. Ltd., Class H<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 69839000 | 22230659 |
| **Industrial Conglomerates — 0.7%** | **Industrial Conglomerates — 0.7%** | **Industrial Conglomerates — 0.7%** |
| CITIC Ltd. | &nbsp;&nbsp;&nbsp; 30963000 | 37640849 |
| **Insurance — 7.9%** | **Insurance — 7.9%** | **Insurance — 7.9%** |
| China Life Insurance Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 46661000 | 85277430 |
| China Pacific Insurance Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 16152600 | 43947418 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| &nbsp;&nbsp;&nbsp; People's Insurance Co. Group of China Ltd. (The), <br> Class H<br>| &nbsp;&nbsp;&nbsp; 51453000 | $30450714 |
| PICC Property & Casualty Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 42170000 | 77653497 |
| Ping An Insurance Group Co. of China Ltd., Class H | &nbsp;&nbsp;&nbsp; 36467500 | 218259154 |
|  |  | 455588213 |
| **Interactive Media & Services — 13.7%** | **Interactive Media & Services — 13.7%** | **Interactive Media & Services — 13.7%** |
| Baidu Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13931450 | 153622266 |
| Kuaishou Technology<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17649200 | 116489845 |
| Tencent Holdings Ltd. | &nbsp;&nbsp;&nbsp; 8459000 | 518121718 |
|  |  | 788233829 |
| **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** |
| WuXi AppTec Co. Ltd., Class H<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 2076552 | 16048831 |
| **Machinery — 0.3%** | **Machinery — 0.3%** | **Machinery — 0.3%** |
| CRRC Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp; 25269000 | 15594755 |
| **Marine Transportation — 0.5%** | **Marine Transportation — 0.5%** | **Marine Transportation — 0.5%** |
| Cosco Shipping Holdings Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 17688600 | 26692722 |
| **Metals & Mining — 1.8%** | **Metals & Mining — 1.8%** | **Metals & Mining — 1.8%** |
| CMOC Group Ltd., Class H | &nbsp;&nbsp;&nbsp; 24693000 | 19385836 |
| Zijin Mining Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 37534000 | 81999884 |
|  |  | 101385720 |
| **Oil, Gas & Consumable Fuels — 4.5%** | **Oil, Gas & Consumable Fuels — 4.5%** | **Oil, Gas & Consumable Fuels — 4.5%** |
| China Petroleum & Chemical Corp., Class H | &nbsp;&nbsp;&nbsp; 150728600 | 76942620 |
| China Shenhua Energy Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 21168500 | 79554322 |
| PetroChina Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 130412000 | 99652770 |
|  |  | 256149712 |
| **Real Estate Management & Development — 1.0%** | **Real Estate Management & Development — 1.0%** | **Real Estate Management & Development — 1.0%** |
| China Resources Land Ltd. | &nbsp;&nbsp;&nbsp; 17227333 | 57963207 |
| **Technology Hardware, Storage & Peripherals — 7.6%** | **Technology Hardware, Storage & Peripherals — 7.6%** | **Technology Hardware, Storage & Peripherals — 7.6%** |
| Xiaomi Corp., Class B<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 68553200 | 438891250 |
| **Textiles, Apparel & Luxury Goods — 1.6%** | **Textiles, Apparel & Luxury Goods — 1.6%** | **Textiles, Apparel & Luxury Goods — 1.6%** |
| ANTA Sports Products Ltd. | &nbsp;&nbsp;&nbsp; 7849600 | 92749436 |
| **Total Long-Term Investments — 99.6%** <br>**(Cost: $6,010,311,554)** | **Total Long-Term Investments — 99.6%** <br>**(Cost: $6,010,311,554)** | 5726141979 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.4%** | **Money Market Funds — 0.4%** | **Money Market Funds — 0.4%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.46%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 21573447 | 21582076 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 4.30%<sup>(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 3920000 | 3920000 |
| **Total Short-Term Securities — 0.4%** <br>**(Cost: $25,503,119)** | **Total Short-Term Securities — 0.4%** <br>**(Cost: $25,503,119)** | 25502076 |
| **Total Investments — 100.0%** <br>**(Cost: $6,035,814,673)** | **Total Investments — 100.0%** <br>**(Cost: $6,035,814,673)** | 5751644055 |
| **Liabilities in Excess of Other Assets — (0.0)%** | **Liabilities in Excess of Other Assets — (0.0)%** | (845837)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $5750798218 |

---

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

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

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

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

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

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

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**iShares® China Large-Cap ETF**

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/24*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*04/30/25*<br>| *Shares* <br>*Held at* <br>*04/30/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL <br> Agency Shares<br>| $11232848 | $10359535 <br><sup>(a)</sup><br>| $— | &nbsp;&nbsp; $(7573)<br>| $(2734)<br>| $21582076 | 21573447 | $948124 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp;&nbsp; 4100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (180000 )<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3920000 | 3920000 | &nbsp;&nbsp;&nbsp;&nbsp; 133919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $(7573) | $(2734) | $25502076 |  | $1082043 | $— |

---

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

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FTSE China H50 Index | &nbsp;&nbsp; 723 | &nbsp;&nbsp; 05/29/25 | &nbsp;&nbsp; $21929 | &nbsp;&nbsp; $(297730)<br>|

---

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

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

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $— | &nbsp;&nbsp; $5726141979 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $5726141979 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**iShares® China Large-Cap ETF**

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; $25502076 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $25502076 |
|  | &nbsp;&nbsp; $25502076 | &nbsp;&nbsp; $5726141979 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $5751644055 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(297730)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(297730)<br>|

---

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

<sup>(a)</sup> Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

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

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares China Large-Cap ETF

- **b. EDGAR series identifier (if any):** S000004364

- **c. LEI of Series:** 5493001YVWPO25CNKN94

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $5808553318.46

**Total Liabilities:** $57758680.42

**Net Assets:** $5750794638.04

**Cash Not Reported:** $15949152.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012094 | 10.59%               | 1.58%                | -5.27%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $90841901.04             | $686782008.28                              |
| Month 2  | $73198758.70             | $56888014.84                               |
| Month 3  | $-71934313.39            | $-436698491.39                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Zijin Mining Group Co Ltd                      | Zijin Mining Group Co Ltd                             | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |  37534000 | NS      | $81999884.58  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd        | Ping An Insurance Group Co of China Ltd               | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |  36467500 | NS      | $218259153.62 | 3.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp                                    | Xiaomi Corp                                           | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |  68553200 | NS      | $438891250.02 | 7.63%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIC Securities Co Ltd                        | CITIC Securities Co Ltd                               | CUSIP: 000000000<br>LEI: 300300E1006744000068 | Long             | EC               | CORP              | CN        |  10246200 | NS      | $25323776.06  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| CSC Financial Co Ltd                           | CSC Financial Co Ltd                                  | CUSIP: 000000000<br>LEI: 3003006CDEBNKXHOI130 | Long             | EC               | CORP              | CN        |   5679000 | NS      | $6425613.93   | 0.11%             |  |  |  | No            |                  2 | On Loan: —       |
| BeiGene Ltd                                    | BeiGene Ltd                                           | CUSIP: 000000000<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | KY        |   4891200 | NS      | $98848701.23  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC Property & Casualty Co Ltd                | PICC Property & Casualty Co Ltd                       | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |  42170000 | NS      | $77653497.27  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Securities Co Ltd              | China Merchants Securities Co Ltd                     | CUSIP: 000000000<br>LEI: 30030060IEIMX476KH87 | Long             | EC               | CORP              | CN        |   2831000 | NS      | $4293678.95   | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| China Railway Group Ltd                        | China Railway Group Ltd                               | CUSIP: 000000000<br>LEI: 529900TFRLG8UDJ7QA89 | Long             | EC               | CORP              | CN        |  25363000 | NS      | $10912833.32  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Nongfu Spring Co Ltd                           | Nongfu Spring Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300P08GGT4SKR9G93 | Long             | EC               | CORP              | CN        |  10943400 | NS      | $50308895.02  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Guotai Haitong Securities Co Ltd               | Guotai Haitong Securities Co Ltd                      | CUSIP: 000000000<br>LEI: 300300E1005431000017 | Long             | EC               | CORP              | CN        |  17994400 | NS      | $25646142.96  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| People's Insurance Co Group of China Ltd/The   | People's Insurance Co Group of China Ltd/The          | CUSIP: 000000000<br>LEI: 3003000P2JHYHQ524P66 | Long             | EC               | CORP              | CN        |  51453000 | NS      | $30450714.16  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  23033414 | NS      | $23042627.50  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| WuXi AppTec Co Ltd                             | WuXi AppTec Co Ltd                                    | CUSIP: 000000000<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |   2076552 | NS      | $16048830.64  | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| China Everbright Bank Co Ltd                   | China Everbright Bank Co Ltd                          | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | EC               | CORP              | CN        |  19293000 | NS      | $8377424.79   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Communications Co Ltd                  | Bank of Communications Co Ltd                         | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | EC               | CORP              | CN        |  45536200 | NS      | $39819526.88  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of China Ltd                              | Bank of China Ltd                                     | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        | 428547000 | NS      | $239289259.76 | 4.16%             |  |  |  | No            |                  2 | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd                 | COSCO SHIPPING Holdings Co Ltd                        | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |  17688600 | NS      | $26692721.41  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| China Petroleum & Chemical Corp                | China Petroleum & Chemical Corp                       | CUSIP: 000000000<br>LEI: 529900A2OB24EZ5B3J19 | Long             | EC               | CORP              | CN        | 150728600 | NS      | $76942620.22  | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Commercial Bank of China Ltd      | Industrial & Commercial Bank of China Ltd             | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        | 377099995 | NS      | $258317775.39 | 4.49%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                    | NetEase Inc                                           | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |  10639800 | NS      | $228716878.37 | 3.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu Inc                                      | Baidu Inc                                             | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |  13931450 | NS      | $153622265.85 | 2.67%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd                       | ANTA Sports Products Ltd                              | CUSIP: 000000000<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | KY        |   7849600 | NS      | $92749435.78  | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co Ltd                    | China Life Insurance Co Ltd                           | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |  46661000 | NS      | $85277429.66  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd                             | Midea Group Co Ltd                                    | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |   2186900 | NS      | $20642153.50  | 0.36%             |  |  |  | No            |                  2 | On Loan: —       |
| Singapore Exchange Derivatives Clearing Ltd.   | FTSE CHINA H50 MAY25                                  | CUSIP: 000000000<br>LEI: 549300ZLWT3FK3F0FW61 | N/A              | DE               |  | SG        |       723 | NC      | $-297729.66   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                                     | JD.com Inc                                            | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |  12491500 | NS      | $203379414.38 | 3.54%             |  |  |  | No            |                  2 | On Loan: No      |
| China CITIC Bank Corp Ltd                      | China CITIC Bank Corp Ltd                             | CUSIP: 000000000<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |  58370000 | NS      | $46166360.51  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd                             | Trip.com Group Ltd                                    | CUSIP: 000000000<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |   3615900 | NS      | $217824669.33 | 3.79%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                                 | CMOC Group Ltd                                        | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |  24693000 | NS      | $19385835.74  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                              | PetroChina Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        | 130412000 | NS      | $99652770.36  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                            | Kuaishou Technology                                   | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | KY        |  17649200 | NS      | $116489844.81 | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| China Shenhua Energy Co Ltd                    | China Shenhua Energy Co Ltd                           | CUSIP: 000000000<br>LEI: 529900N9JOX4C108MA40 | Long             | EC               | CORP              | CN        |  21168500 | NS      | $79554321.47  | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Great Wall Motor Co Ltd                        | Great Wall Motor Co Ltd                               | CUSIP: 000000000<br>LEI: 254900CR8AHWTMFZHH60 | Long             | EC               | CORP              | CN        |  14551000 | NS      | $20793245.04  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| CRRC Corp Ltd                                  | CRRC Corp Ltd                                         | CUSIP: 000000000<br>LEI: 30030099HATQH2XC0B72 | Long             | EC               | CORP              | CN        |  25269000 | NS      | $15594755.07  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| China Minsheng Banking Corp Ltd                | China Minsheng Banking Corp Ltd                       | CUSIP: 000000000<br>LEI: 549300HBUGSQD1VCXG94 | Long             | EC               | CORP              | CN        |  39983600 | NS      | $18762679.10  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                      | Alibaba Group Holding Ltd                             | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |  32484300 | NS      | $484991466.02 | 8.43%             |  |  |  | No            |                  2 | On Loan: No      |
| China Tower Corp Ltd                           | China Tower Corp Ltd                                  | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |  29260600 | NS      | $42383297.73  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   3920000 | NS      | $3920000.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                        | Haier Smart Home Co Ltd                               | CUSIP: 000000000<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |  14451200 | NS      | $41937797.55  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Postal Savings Bank of China Co Ltd            | Postal Savings Bank of China Co Ltd                   | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |  67881000 | NS      | $41732005.75  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co Ltd           | China Pacific Insurance Group Co Ltd                  | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |  16152600 | NS      | $43947418.26  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd                    | China Merchants Bank Co Ltd                           | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |  23717938 | NS      | $129372837.85 | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Agricultural Bank of China Ltd                 | Agricultural Bank of China Ltd                        | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        | 192655000 | NS      | $117561282.48 | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ZTE Corp                                       | ZTE Corp                                              | CUSIP: 000000000<br>LEI: 3003004FBGVVG1CW5U45 | Long             | EC               | CORP              | CN        |   4753200 | NS      | $14032060.99  | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| Tencent Holdings Ltd                           | Tencent Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |   8459000 | NS      | $518121718.62 | 9.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIC Ltd                                      | CITIC Ltd                                             | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | EC               | CORP              | HK        |  30963000 | NS      | $37640849.09  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| CGN Power Co Ltd                               | CGN Power Co Ltd                                      | CUSIP: 000000000<br>LEI: 529900D2UINCGWQYBK45 | Long             | EC               | CORP              | CN        |  69839000 | NS      | $22230658.88  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                        | Meituan                                               | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | KY        |  22424720 | NS      | $371295907.73 | 6.46%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                     | BYD Co Ltd                                            | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |   5717000 | NS      | $271535817.62 | 4.72%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Land Ltd                       | China Resources Land Ltd                              | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | KY        |  17227333 | NS      | $57963207.31  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                   | China Construction Bank Corp                          | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        | 350824320 | NS      | $288176874.44 | 5.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Li Auto Inc                                    | Li Auto Inc                                           | CUSIP: 000000000<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |   7394900 | NS      | $90104419.38  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer