# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0001752724-25-157897
**Filing Date:** 2025-6
**Character Count:** 149047
**Document Hash:** b10d9d7cd84fbea1a24084fc6db46371
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-157897.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-157897

**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:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23402
- **FILM NUMBER:** 251076965

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

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

## Series and Classes Contracts Data

### BlackRock U.S. Carbon Transition Readiness ETF (Series ID: S000071281)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000226201 | BlackRock U.S. Carbon Transition Readiness ETF |  |

## Nport-Ex

April 30, 2025

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

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

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

---

| |
|:---|
| **BlackRock ETF Trust** |
| • BlackRock U.S. Carbon Transition Readiness ETF \| LCTU \| NYSE Arca |

---

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

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

------

Schedule of Investments (unaudited)

April 30, 2025

**BlackRock U.S. Carbon Transition Readiness ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 1.8%** | **Aerospace & Defense — 1.8%** | **Aerospace & Defense — 1.8%** |
| ATI Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3228 | $175539 |
| General Electric Co. | &nbsp;&nbsp;&nbsp; 54524 | 10988767 |
| Hexcel Corp. | &nbsp;&nbsp;&nbsp; 17882 | 866740 |
| L3Harris Technologies Inc. | &nbsp;&nbsp;&nbsp; 1299 | 285806 |
| RTX Corp. | &nbsp;&nbsp;&nbsp; 59916 | 7557205 |
| Spirit AeroSystems Holdings Inc., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5663 | 203868 |
|  |  | 20077925 |
| **Air Freight & Logistics — 0.4%** | **Air Freight & Logistics — 0.4%** | **Air Freight & Logistics — 0.4%** |
| CH Robinson Worldwide Inc. | &nbsp;&nbsp;&nbsp; 24548 | 2190173 |
| Expeditors International of Washington Inc. | &nbsp;&nbsp;&nbsp; 21607 | 2374825 |
| FedEx Corp. | &nbsp;&nbsp;&nbsp; 930 | 195607 |
| GXO Logistics Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5573 | 201965 |
|  |  | 4962570 |
| **Automobile Components — 0.0%** | **Automobile Components — 0.0%** | **Automobile Components — 0.0%** |
| BorgWarner Inc. | &nbsp;&nbsp;&nbsp; 4773 | 135458 |
| **Automobiles — 1.8%** | **Automobiles — 1.8%** | **Automobiles — 1.8%** |
| General Motors Co. | &nbsp;&nbsp;&nbsp; 13732 | 621236 |
| Lucid Group Inc., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 80814 | 202843 |
| Rivian Automotive Inc., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 56752 | 775232 |
| Tesla Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 66108 | 18653033 |
|  |  | 20252344 |
| **Banks — 3.4%** | **Banks — 3.4%** | **Banks — 3.4%** |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp; 50455 | 2012145 |
| Citigroup Inc. | &nbsp;&nbsp;&nbsp; 10841 | 741308 |
| FNB Corp. | &nbsp;&nbsp;&nbsp; 139579 | 1827089 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp; 73374 | 17948748 |
| KeyCorp | &nbsp;&nbsp;&nbsp; 476822 | 7076038 |
| M&T Bank Corp. | &nbsp;&nbsp;&nbsp; 4493 | 762732 |
| Pinnacle Financial Partners Inc. | &nbsp;&nbsp;&nbsp; 4 | 401 |
| U.S. Bancorp | &nbsp;&nbsp;&nbsp; 92654 | 3737662 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp; 62795 | 4459073 |
|  |  | 38565196 |
| **Beverages — 1.8%** | **Beverages — 1.8%** | **Beverages — 1.8%** |
| Brown-Forman Corp., Class B  | &nbsp;&nbsp;&nbsp; 10 | 349 |
| Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp; 193386 | 14030154 |
| Keurig Dr Pepper Inc. | &nbsp;&nbsp;&nbsp; 65800 | 2276022 |
| PepsiCo Inc. | &nbsp;&nbsp;&nbsp; 27826 | 3772649 |
|  |  | 20079174 |
| **Biotechnology — 2.3%** | **Biotechnology — 2.3%** | **Biotechnology — 2.3%** |
| AbbVie Inc. | &nbsp;&nbsp;&nbsp; 35242 | 6875714 |
| Alnylam Pharmaceuticals Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5043 | 1327519 |
| Amgen Inc. | &nbsp;&nbsp;&nbsp; 18338 | 5334891 |
| Biogen Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16208 | 1962465 |
| Gilead Sciences Inc. | &nbsp;&nbsp;&nbsp; 62507 | 6659496 |
| Natera Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10308 | 1555786 |
| Regeneron Pharmaceuticals Inc. | &nbsp;&nbsp;&nbsp; 708 | 423922 |
| Vertex Pharmaceuticals Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3453 | 1759304 |
|  |  | 25899097 |
| **Broadline Retail — 3.6%** | **Broadline Retail — 3.6%** | **Broadline Retail — 3.6%** |
| Amazon.com Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 182951 | 33739824 |
| eBay Inc. | &nbsp;&nbsp;&nbsp; 65070 | 4435171 |
| Etsy Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 72786 | 3164735 |
|  |  | 41339730 |
| **Building Products — 0.6%** | **Building Products — 0.6%** | **Building Products — 0.6%** |
| Fortune Brands Innovations Inc., NVS | &nbsp;&nbsp;&nbsp; 6 | 323 |
| Johnson Controls International PLC | &nbsp;&nbsp;&nbsp; 4131 | 346591 |
| Trane Technologies PLC | &nbsp;&nbsp;&nbsp; 17865 | 6847833 |
|  |  | 7194747 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Capital Markets — 3.7%** | **Capital Markets — 3.7%** | **Capital Markets — 3.7%** |
| Ameriprise Financial Inc. | &nbsp;&nbsp;&nbsp; 1997 | $940627 |
| Ares Management Corp., Class A | &nbsp;&nbsp;&nbsp; 17590 | 2683003 |
| Carlyle Group Inc. (The) | &nbsp;&nbsp;&nbsp; 14100 | 544824 |
| Goldman Sachs Group Inc. (The) | &nbsp;&nbsp;&nbsp; 26911 | 14735118 |
| Interactive Brokers Group Inc., Class A | &nbsp;&nbsp;&nbsp; 1104 | 189722 |
| KKR & Co. Inc. | &nbsp;&nbsp;&nbsp; 24810 | 2835039 |
| LPL Financial Holdings Inc. | &nbsp;&nbsp;&nbsp; 5498 | 1758205 |
| MarketAxess Holdings Inc. | &nbsp;&nbsp;&nbsp; 2 | 443 |
| Morgan Stanley | &nbsp;&nbsp;&nbsp; 11168 | 1289011 |
| Nasdaq Inc. | &nbsp;&nbsp;&nbsp; 88987 | 6781699 |
| Raymond James Financial Inc. | &nbsp;&nbsp;&nbsp; 7538 | 1033008 |
| Robinhood Markets Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14077 | 691321 |
| S&P Global Inc. | &nbsp;&nbsp;&nbsp; 17155 | 8578358 |
| XP Inc., Class A | &nbsp;&nbsp;&nbsp; 12726 | 204889 |
|  |  | 42265267 |
| **Chemicals — 2.0%** | **Chemicals — 2.0%** | **Chemicals — 2.0%** |
| Air Products and Chemicals Inc. | &nbsp;&nbsp;&nbsp; 3843 | 1041799 |
| Albemarle Corp. | &nbsp;&nbsp;&nbsp; 17639 | 1032763 |
| Ecolab Inc. | &nbsp;&nbsp;&nbsp; 52626 | 13231755 |
| Element Solutions Inc. | &nbsp;&nbsp;&nbsp; 48992 | 999927 |
| FMC Corp. | &nbsp;&nbsp;&nbsp; 29051 | 1217818 |
| PPG Industries Inc. | &nbsp;&nbsp;&nbsp; 50976 | 5549247 |
|  |  | 23073309 |
| **Commercial Services & Supplies — 0.8%** | **Commercial Services & Supplies — 0.8%** | **Commercial Services & Supplies — 0.8%** |
| Clean Harbors Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13601 | 2909798 |
| Tetra Tech Inc. | &nbsp;&nbsp;&nbsp; 13581 | 423591 |
| Veralto Corp. | &nbsp;&nbsp;&nbsp; 29776 | 2855519 |
| Waste Management Inc. | &nbsp;&nbsp;&nbsp; 12534 | 2924934 |
|  |  | 9113842 |
| **Communications Equipment — 1.0%** | **Communications Equipment — 1.0%** | **Communications Equipment — 1.0%** |
| Cisco Systems Inc. | &nbsp;&nbsp;&nbsp; 192304 | 11101710 |
| Motorola Solutions Inc. | &nbsp;&nbsp;&nbsp; 926 | 407801 |
|  |  | 11509511 |
| **Construction & Engineering — 0.5%** | **Construction & Engineering — 0.5%** | **Construction & Engineering — 0.5%** |
| AECOM | &nbsp;&nbsp;&nbsp; 41253 | 4069609 |
| MasTec Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4971 | 632908 |
| Quanta Services Inc. | &nbsp;&nbsp;&nbsp; 3989 | 1167540 |
|  |  | 5870057 |
| **Construction Materials — 0.3%** | **Construction Materials — 0.3%** | **Construction Materials — 0.3%** |
| CRH PLC | &nbsp;&nbsp;&nbsp; 31848 | 3038936 |
| **Consumer Finance — 0.7%** | **Consumer Finance — 0.7%** | **Consumer Finance — 0.7%** |
| American Express Co. | &nbsp;&nbsp;&nbsp; 1237 | 329549 |
| Capital One Financial Corp. | &nbsp;&nbsp;&nbsp; 41309 | 7446360 |
|  |  | 7775909 |
| **Consumer Staples Distribution & Retail — 1.9%** | **Consumer Staples Distribution & Retail — 1.9%** | **Consumer Staples Distribution & Retail — 1.9%** |
| Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp; 12329 | 12261190 |
| Sysco Corp. | &nbsp;&nbsp;&nbsp; 34128 | 2436739 |
| Target Corp. | &nbsp;&nbsp;&nbsp; 13881 | 1342293 |
| Walmart Inc. | &nbsp;&nbsp;&nbsp; 61911 | 6020845 |
|  |  | 22061067 |
| **Containers & Packaging — 0.2%** | **Containers & Packaging — 0.2%** | **Containers & Packaging — 0.2%** |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp; 11487 | 1965541 |
| **Diversified Consumer Services — 0.0%** | **Diversified Consumer Services — 0.0%** | **Diversified Consumer Services — 0.0%** |
| Grand Canyon Education Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1324 | 236162 |
| **Diversified Telecommunication Services — 0.1%** | **Diversified Telecommunication Services — 0.1%** | **Diversified Telecommunication Services — 0.1%** |
| Frontier Communications Parent Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12 | 435 |
| Liberty Global Ltd., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19240 | 210678 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock U.S. Carbon Transition Readiness ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** |
| Verizon Communications Inc. | &nbsp;&nbsp;&nbsp; 30046 | $1323827 |
|  |  | 1534940 |
| **Electric Utilities — 1.1%** | **Electric Utilities — 1.1%** | **Electric Utilities — 1.1%** |
| Constellation Energy Corp. | &nbsp;&nbsp;&nbsp; 5476 | 1223557 |
| Edison International | &nbsp;&nbsp;&nbsp; 23701 | 1268240 |
| Eversource Energy | &nbsp;&nbsp;&nbsp; 89318 | 5312635 |
| NextEra Energy Inc. | &nbsp;&nbsp;&nbsp; 39973 | 2673394 |
| NRG Energy Inc. | &nbsp;&nbsp;&nbsp; 1605 | 175876 |
| PG&E Corp. | &nbsp;&nbsp;&nbsp; 126826 | 2095166 |
|  |  | 12748868 |
| **Electrical Equipment — 1.3%** | **Electrical Equipment — 1.3%** | **Electrical Equipment — 1.3%** |
| Eaton Corp. PLC | &nbsp;&nbsp;&nbsp; 26255 | 7728684 |
| GE Vernova Inc. | &nbsp;&nbsp;&nbsp; 7597 | 2817120 |
| Hubbell Inc., Class B | &nbsp;&nbsp;&nbsp; 13253 | 4813224 |
|  |  | 15359028 |
| **Electronic Equipment, Instruments & Components — 0.1%** | **Electronic Equipment, Instruments & Components — 0.1%** | **Electronic Equipment, Instruments & Components — 0.1%** |
| Jabil Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1654 | 242410 |
| Trimble Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4977 | 309271 |
|  |  | 551681 |
| **Energy Equipment & Services — 0.8%** | **Energy Equipment & Services — 0.8%** | **Energy Equipment & Services — 0.8%** |
| Baker Hughes Co., Class A | &nbsp;&nbsp;&nbsp; 174263 | 6168910 |
| TechnipFMC PLC | &nbsp;&nbsp;&nbsp; 96959 | 2731335 |
|  |  | 8900245 |
| **Entertainment — 1.5%** | **Entertainment — 1.5%** | **Entertainment — 1.5%** |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty Formula One, <br> Class C, NVS<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2033 | 180266 |
| Liberty Media Corp-Liberty Live, Class A, NVS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4855 | 339753 |
| Liberty Media Corp-Liberty Live, Class C, NVS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5288 | 378145 |
| Netflix Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11978 | 13555742 |
| Spotify Technology SA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2134 | 1310233 |
| Walt Disney Co. (The) | &nbsp;&nbsp;&nbsp; 19546 | 1777709 |
|  |  | 17541848 |
| **Financial Services — 4.8%** | **Financial Services — 4.8%** | **Financial Services — 4.8%** |
| Apollo Global Management Inc. | &nbsp;&nbsp;&nbsp; 7461 | 1018277 |
| Berkshire Hathaway Inc., Class B<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 40478 | 21584894 |
| Block Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 48241 | 2820651 |
| Mastercard Inc., Class A | &nbsp;&nbsp;&nbsp; 39858 | 21844576 |
| PayPal Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20411 | 1343860 |
| Visa Inc., Class A | &nbsp;&nbsp;&nbsp; 18678 | 6453249 |
|  |  | 55065507 |
| **Food Products — 0.9%** | **Food Products — 0.9%** | **Food Products — 0.9%** |
| Bunge Global SA | &nbsp;&nbsp;&nbsp; 5933 | 467046 |
| General Mills Inc. | &nbsp;&nbsp;&nbsp; 2971 | 168574 |
| Ingredion Inc. | &nbsp;&nbsp;&nbsp; 2 | 266 |
| J.M. Smucker Co. (The) | &nbsp;&nbsp;&nbsp; 1417 | 164754 |
| McCormick & Co. Inc./MD, NVS | &nbsp;&nbsp;&nbsp; 59280 | 4544405 |
| Mondelez International Inc., Class A | &nbsp;&nbsp;&nbsp; 74513 | 5076571 |
|  |  | 10421616 |
| **Ground Transportation — 0.6%** | **Ground Transportation — 0.6%** | **Ground Transportation — 0.6%** |
| JB Hunt Transport Services Inc. | &nbsp;&nbsp;&nbsp; 18576 | 2425654 |
| Uber Technologies Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 59896 | 4852175 |
|  |  | 7277829 |
| **Health Care Equipment & Supplies — 2.3%** | **Health Care Equipment & Supplies — 2.3%** | **Health Care Equipment & Supplies — 2.3%** |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp; 56999 | 7452619 |
| Becton Dickinson & Co. | &nbsp;&nbsp;&nbsp; 8077 | 1672666 |
| Boston Scientific Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14031 | 1443369 |
| Dentsply Sirona Inc. | &nbsp;&nbsp;&nbsp; 57888 | 804643 |
| Edwards Lifesciences Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 30580 | 2308484 |
| Hologic Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23106 | 1344769 |
| Insulet Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 977 | 246488 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Health Care Equipment & Supplies (continued)** | **Health Care Equipment & Supplies (continued)** | **Health Care Equipment & Supplies (continued)** |
| Intuitive Surgical Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7591 | $3915438 |
| Medtronic PLC | &nbsp;&nbsp;&nbsp; 82343 | 6979393 |
|  |  | 26167869 |
| **Health Care Providers & Services — 2.1%** | **Health Care Providers & Services — 2.1%** | **Health Care Providers & Services — 2.1%** |
| Cencora Inc. | &nbsp;&nbsp;&nbsp; 3260 | 954104 |
| Centene Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 31520 | 1886472 |
| Cigna Group (The) | &nbsp;&nbsp;&nbsp; 14452 | 4914258 |
| CVS Health Corp. | &nbsp;&nbsp;&nbsp; 47262 | 3152848 |
| DaVita Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13233 | 1873131 |
| Elevance Health Inc. | &nbsp;&nbsp;&nbsp; 10028 | 4217576 |
| Humana Inc. | &nbsp;&nbsp;&nbsp; 9708 | 2545826 |
| McKesson Corp. | &nbsp;&nbsp;&nbsp; 846 | 603021 |
| UnitedHealth Group Inc. | &nbsp;&nbsp;&nbsp; 10086 | 4149784 |
|  |  | 24297020 |
| **Health Care REITs — 0.2%** | **Health Care REITs — 0.2%** | **Health Care REITs — 0.2%** |
| Healthpeak Properties Inc. | &nbsp;&nbsp;&nbsp; 43381 | 773917 |
| Ventas Inc. | &nbsp;&nbsp;&nbsp; 19776 | 1385902 |
| Welltower Inc. | &nbsp;&nbsp;&nbsp; 1356 | 206912 |
|  |  | 2366731 |
| **Health Care Technology — 0.4%** | **Health Care Technology — 0.4%** | **Health Care Technology — 0.4%** |
| Veeva Systems Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20506 | 4792047 |
| **Hotels, Restaurants & Leisure — 2.5%** | **Hotels, Restaurants & Leisure — 2.5%** | **Hotels, Restaurants & Leisure — 2.5%** |
| Airbnb Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3313 | 403921 |
| Booking Holdings Inc. | &nbsp;&nbsp;&nbsp; 1513 | 7715211 |
| Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp; 3720 | 257201 |
| Carnival Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 18007 | 330248 |
| Chipotle Mexican Grill Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3433 | 173435 |
| Expedia Group Inc. | &nbsp;&nbsp;&nbsp; 9093 | 1426964 |
| Las Vegas Sands Corp. | &nbsp;&nbsp;&nbsp; 33825 | 1240363 |
| McDonald's Corp. | &nbsp;&nbsp;&nbsp; 2713 | 867210 |
| MGM Resorts International<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 46041 | 1448450 |
| Royal Caribbean Cruises Ltd. | &nbsp;&nbsp;&nbsp; 19246 | 4136158 |
| Starbucks Corp. | &nbsp;&nbsp;&nbsp; 23699 | 1897105 |
| Wendy's Co. (The) | &nbsp;&nbsp;&nbsp; 52103 | 651288 |
| Yum! Brands Inc. | &nbsp;&nbsp;&nbsp; 50835 | 7647617 |
|  |  | 28195171 |
| **Household Durables — 0.1%** | **Household Durables — 0.1%** | **Household Durables — 0.1%** |
| Whirlpool Corp. | &nbsp;&nbsp;&nbsp; 11559 | 881721 |
| **Household Products — 1.3%** | **Household Products — 1.3%** | **Household Products — 1.3%** |
| Church & Dwight Co. Inc. | &nbsp;&nbsp;&nbsp; 49640 | 4931237 |
| Colgate-Palmolive Co. | &nbsp;&nbsp;&nbsp; 70747 | 6522166 |
| Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp; 22366 | 3636041 |
|  |  | 15089444 |
| **Industrial Conglomerates — 0.3%** | **Industrial Conglomerates — 0.3%** | **Industrial Conglomerates — 0.3%** |
| Honeywell International Inc. | &nbsp;&nbsp;&nbsp; 15475 | 3257487 |
| **Industrial REITs — 0.5%** | **Industrial REITs — 0.5%** | **Industrial REITs — 0.5%** |
| Prologis Inc. | &nbsp;&nbsp;&nbsp; 52400 | 5355280 |
| Rexford Industrial Realty Inc. | &nbsp;&nbsp;&nbsp; 10063 | 333085 |
|  |  | 5688365 |
| **Insurance — 2.4%** | **Insurance — 2.4%** | **Insurance — 2.4%** |
| Allstate Corp. (The) | &nbsp;&nbsp;&nbsp; 14421 | 2860982 |
| American Financial Group Inc./OH | &nbsp;&nbsp;&nbsp; 3646 | 461802 |
| Arch Capital Group Ltd. | &nbsp;&nbsp;&nbsp; 39338 | 3567170 |
| Arthur J Gallagher & Co. | &nbsp;&nbsp;&nbsp; 8997 | 2885248 |
| Assured Guaranty Ltd. | &nbsp;&nbsp;&nbsp; 18239 | 1600108 |
| Cincinnati Financial Corp. | &nbsp;&nbsp;&nbsp; 13001 | 1809869 |
| Globe Life Inc. | &nbsp;&nbsp;&nbsp; 2040 | 251614 |
| Hartford Insurance Group Inc. (The) | &nbsp;&nbsp;&nbsp; 28994 | 3556694 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock U.S. Carbon Transition Readiness ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| Kemper Corp. | &nbsp;&nbsp;&nbsp; 13911 | $822418 |
| Marsh & McLennan Companies Inc. | &nbsp;&nbsp;&nbsp; 23132 | 5215572 |
| Principal Financial Group Inc. | &nbsp;&nbsp;&nbsp; 10910 | 808977 |
| Prudential Financial Inc. | &nbsp;&nbsp;&nbsp; 7766 | 797646 |
| Reinsurance Group of America Inc. | &nbsp;&nbsp;&nbsp; 9182 | 1719880 |
| Travelers Companies Inc. (The) | &nbsp;&nbsp;&nbsp; 4221 | 1114893 |
| W R Berkley Corp. | &nbsp;&nbsp;&nbsp; 5777 | 414153 |
|  |  | 27887026 |
| **Interactive Media & Services — 5.9%** | **Interactive Media & Services — 5.9%** | **Interactive Media & Services — 5.9%** |
| Alphabet Inc., Class A | &nbsp;&nbsp;&nbsp; 144352 | 22923098 |
| Alphabet Inc., Class C, NVS | &nbsp;&nbsp;&nbsp; 112854 | 18157080 |
| Meta Platforms Inc., Class A | &nbsp;&nbsp;&nbsp; 48691 | 26731359 |
|  |  | 67811537 |
| **IT Services — 1.5%** | **IT Services — 1.5%** | **IT Services — 1.5%** |
| Accenture PLC, Class A | &nbsp;&nbsp;&nbsp; 29639 | 8866507 |
| DXC Technology Co.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20 | 310 |
| Globant SA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5836 | 686138 |
| International Business Machines Corp. | &nbsp;&nbsp;&nbsp; 22596 | 5464165 |
| Okta Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19127 | 2145284 |
| Twilio Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3829 | 370303 |
|  |  | 17532707 |
| **Leisure Products — 0.0%** | **Leisure Products — 0.0%** | **Leisure Products — 0.0%** |
| Polaris Inc. | &nbsp;&nbsp;&nbsp; 6 | 204 |
| YETI Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12 | 342 |
|  |  | 546 |
| **Life Sciences Tools & Services — 0.6%** | **Life Sciences Tools & Services — 0.6%** | **Life Sciences Tools & Services — 0.6%** |
| Agilent Technologies Inc. | &nbsp;&nbsp;&nbsp; 20938 | 2252929 |
| Illumina Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24330 | 1888008 |
| Waters Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7427 | 2582591 |
| West Pharmaceutical Services Inc. | &nbsp;&nbsp;&nbsp; 2818 | 595415 |
|  |  | 7318943 |
| **Machinery — 1.5%** | **Machinery — 1.5%** | **Machinery — 1.5%** |
| Caterpillar Inc. | &nbsp;&nbsp;&nbsp; 12502 | 3866493 |
| Cummins Inc. | &nbsp;&nbsp;&nbsp; 20209 | 5938213 |
| Deere & Co. | &nbsp;&nbsp;&nbsp; 4268 | 1978474 |
| Flowserve Corp. | &nbsp;&nbsp;&nbsp; 5434 | 245780 |
| IDEX Corp. | &nbsp;&nbsp;&nbsp; 2 | 348 |
| Ingersoll Rand Inc. | &nbsp;&nbsp;&nbsp; 13937 | 1051268 |
| Oshkosh Corp. | &nbsp;&nbsp;&nbsp; 4019 | 336631 |
| PACCAR Inc. | &nbsp;&nbsp;&nbsp; 23209 | 2093684 |
| Xylem Inc./New York | &nbsp;&nbsp;&nbsp; 11031 | 1330008 |
|  |  | 16840899 |
| **Marine Transportation — 0.0%** | **Marine Transportation — 0.0%** | **Marine Transportation — 0.0%** |
| Kirby Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2407 | 231963 |
| **Media — 0.5%** | **Media — 0.5%** | **Media — 0.5%** |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp; 28320 | 968544 |
| Interpublic Group of Companies Inc. (The) | &nbsp;&nbsp;&nbsp; 136922 | 3439481 |
| Omnicom Group Inc. | &nbsp;&nbsp;&nbsp; 13689 | 1042554 |
| Paramount Global, Class B, NVS | &nbsp;&nbsp;&nbsp; 42 | 493 |
|  |  | 5451072 |
| **Metals & Mining — 0.1%** | **Metals & Mining — 0.1%** | **Metals & Mining — 0.1%** |
| MP Materials Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12261 | 299904 |
| Newmont Corp. | &nbsp;&nbsp;&nbsp; 4796 | 252653 |
| Royal Gold Inc. | &nbsp;&nbsp;&nbsp; 2265 | 413838 |
|  |  | 966395 |
| **Mortgage Real Estate Investment — 0.0%** | **Mortgage Real Estate Investment — 0.0%** | **Mortgage Real Estate Investment — 0.0%** |
| AGNC Investment Corp. | &nbsp;&nbsp;&nbsp; 22 | 194 |
| **Multi-Utilities — 1.5%** | **Multi-Utilities — 1.5%** | **Multi-Utilities — 1.5%** |
| Consolidated Edison Inc. | &nbsp;&nbsp;&nbsp; 24181 | 2726408 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Multi-Utilities (continued)** | **Multi-Utilities (continued)** | **Multi-Utilities (continued)** |
| NiSource Inc. | &nbsp;&nbsp;&nbsp; 14077 | $550551 |
| Public Service Enterprise Group Inc. | &nbsp;&nbsp;&nbsp; 109482 | 8750896 |
| Sempra | &nbsp;&nbsp;&nbsp; 65602 | 4872261 |
|  |  | 16900116 |
| **Office REITs — 0.3%** | **Office REITs — 0.3%** | **Office REITs — 0.3%** |
| BXP Inc. | &nbsp;&nbsp;&nbsp; 24498 | 1561257 |
| Kilroy Realty Corp. | &nbsp;&nbsp;&nbsp; 37966 | 1196309 |
| Vornado Realty Trust | &nbsp;&nbsp;&nbsp; 7128 | 251476 |
|  |  | 3009042 |
| **Oil, Gas & Consumable Fuels — 2.2%** | **Oil, Gas & Consumable Fuels — 2.2%** | **Oil, Gas & Consumable Fuels — 2.2%** |
| Antero Midstream Corp. | &nbsp;&nbsp;&nbsp; 12045 | 199345 |
| Cheniere Energy Inc. | &nbsp;&nbsp;&nbsp; 20718 | 4788137 |
| Chevron Corp. | &nbsp;&nbsp;&nbsp; 22385 | 3045703 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp; 12436 | 1108296 |
| Expand Energy Corp. | &nbsp;&nbsp;&nbsp; 9159 | 951620 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp; 34028 | 3594378 |
| Hess Corp. | &nbsp;&nbsp;&nbsp; 9374 | 1209715 |
| Marathon Petroleum Corp. | &nbsp;&nbsp;&nbsp; 26713 | 3670633 |
| ONEOK Inc. | &nbsp;&nbsp;&nbsp; 60325 | 4956302 |
| Valero Energy Corp. | &nbsp;&nbsp;&nbsp; 12952 | 1503598 |
| Viper Energy Inc., Class A, NVS | &nbsp;&nbsp;&nbsp; 7042 | 284004 |
| Williams Companies Inc. (The) | &nbsp;&nbsp;&nbsp; 2511 | 147069 |
|  |  | 25458800 |
| **Passenger Airlines — 0.1%** | **Passenger Airlines — 0.1%** | **Passenger Airlines — 0.1%** |
| American Airlines Group Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 98842 | 983478 |
| United Airlines Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6644 | 457240 |
|  |  | 1440718 |
| **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** |
| Estee Lauder Companies Inc. (The), Class A | &nbsp;&nbsp;&nbsp; 16486 | 988501 |
| **Pharmaceuticals — 3.1%** | **Pharmaceuticals — 3.1%** | **Pharmaceuticals — 3.1%** |
| Bristol-Myers Squibb Co. | &nbsp;&nbsp;&nbsp; 2967 | 148943 |
| Eli Lilly & Co. | &nbsp;&nbsp;&nbsp; 20518 | 18444656 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp; 51815 | 8099203 |
| Merck & Co. Inc. | &nbsp;&nbsp;&nbsp; 49172 | 4189454 |
| Pfizer Inc. | &nbsp;&nbsp;&nbsp; 179677 | 4385916 |
|  |  | 35268172 |
| **Professional Services — 0.7%** | **Professional Services — 0.7%** | **Professional Services — 0.7%** |
| Amentum Holdings Inc., NVS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12173 | 265615 |
| Automatic Data Processing Inc. | &nbsp;&nbsp;&nbsp; 4968 | 1493381 |
| Jacobs Solutions Inc., NVS | &nbsp;&nbsp;&nbsp; 37554 | 4649185 |
| ManpowerGroup Inc. | &nbsp;&nbsp;&nbsp; 8956 | 385735 |
| Parsons Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13043 | 872055 |
|  |  | 7665971 |
| **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** |
| CBRE Group Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11248 | 1374281 |
| **Residential REITs — 0.0%** | **Residential REITs — 0.0%** | **Residential REITs — 0.0%** |
| Equity Residential | &nbsp;&nbsp;&nbsp; 5866 | 412145 |
| **Retail REITs — 0.8%** | **Retail REITs — 0.8%** | **Retail REITs — 0.8%** |
| Federal Realty Investment Trust | &nbsp;&nbsp;&nbsp; 20685 | 1944804 |
| Kimco Realty Corp. | &nbsp;&nbsp;&nbsp; 29861 | 596623 |
| Realty Income Corp. | &nbsp;&nbsp;&nbsp; 70004 | 4050431 |
| Regency Centers Corp. | &nbsp;&nbsp;&nbsp; 14538 | 1049353 |
| Simon Property Group Inc. | &nbsp;&nbsp;&nbsp; 9651 | 1518874 |
|  |  | 9160085 |
| **Semiconductors & Semiconductor Equipment — 9.2%** | **Semiconductors & Semiconductor Equipment — 9.2%** | **Semiconductors & Semiconductor Equipment — 9.2%** |
| Advanced Micro Devices Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 52573 | 5117981 |
| Analog Devices Inc. | &nbsp;&nbsp;&nbsp; 21635 | 4217094 |
| Applied Materials Inc. | &nbsp;&nbsp;&nbsp; 23315 | 3513804 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock U.S. Carbon Transition Readiness ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Semiconductors & Semiconductor Equipment (continued)** | **Semiconductors & Semiconductor Equipment (continued)** | **Semiconductors & Semiconductor Equipment (continued)** |
| Broadcom Inc. | &nbsp;&nbsp;&nbsp; 100204 | $19286264 |
| Enphase Energy Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12671 | 565000 |
| GLOBALFOUNDRIES Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4178 | 146522 |
| Intel Corp. | &nbsp;&nbsp;&nbsp; 88280 | 1774428 |
| KLA Corp. | &nbsp;&nbsp;&nbsp; 1417 | 995712 |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp; 65160 | 4670017 |
| Marvell Technology Inc. | &nbsp;&nbsp;&nbsp; 14824 | 865277 |
| Micron Technology Inc. | &nbsp;&nbsp;&nbsp; 8709 | 670157 |
| Monolithic Power Systems Inc. | &nbsp;&nbsp;&nbsp; 599 | 355267 |
| Nvidia Corp. | &nbsp;&nbsp;&nbsp; 536668 | 58453879 |
| Qualcomm Inc. | &nbsp;&nbsp;&nbsp; 25169 | 3736590 |
| Universal Display Corp. | &nbsp;&nbsp;&nbsp; 5639 | 708428 |
|  |  | 105076420 |
| **Software — 10.5%** | **Software — 10.5%** | **Software — 10.5%** |
| Adobe Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11188 | 4195276 |
| AppLovin Corp., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2780 | 748682 |
| Atlassian Corp., Class A, NVS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3149 | 718948 |
| Autodesk Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 38059 | 10437681 |
| Cadence Design Systems Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9496 | 2827339 |
| Crowdstrike Holdings Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4123 | 1768231 |
| DocuSign Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8302 | 678688 |
| Fortinet Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22895 | 2375585 |
| Gen Digital Inc. | &nbsp;&nbsp;&nbsp; 112194 | 2902459 |
| Guidewire Software Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1714 | 350976 |
| HubSpot Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1081 | 661032 |
| Intuit Inc. | &nbsp;&nbsp;&nbsp; 8638 | 5420086 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp; 137603 | 54388962 |
| MicroStrategy Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1130 | 429524 |
| Oracle Corp. | &nbsp;&nbsp;&nbsp; 28813 | 4054565 |
| Palantir Technologies Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 40734 | 4824535 |
| Palo Alto Networks Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23121 | 4322009 |
| Salesforce Inc. | &nbsp;&nbsp;&nbsp; 26257 | 7055518 |
| ServiceNow Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7015 | 6699395 |
| Synopsys Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2594 | 1190672 |
| Workday Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5873 | 1438885 |
| Zoom Video Communications Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22467 | 1742091 |
| Zscaler Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6365 | 1439572 |
|  |  | 120670711 |
| **Specialized REITs — 0.6%** | **Specialized REITs — 0.6%** | **Specialized REITs — 0.6%** |
| American Tower Corp. | &nbsp;&nbsp;&nbsp; 5467 | 1232316 |
| VICI Properties Inc., Class A | &nbsp;&nbsp;&nbsp; 74787 | 2394680 |
| Weyerhaeuser Co. | &nbsp;&nbsp;&nbsp; 130360 | 3377628 |
|  |  | 7004624 |
| **Specialty Retail — 1.8%** | **Specialty Retail — 1.8%** | **Specialty Retail — 1.8%** |
| AutoZone Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 56 | 210706 |
| Best Buy Co. Inc. | &nbsp;&nbsp;&nbsp; 20747 | 1383618 |
| Burlington Stores Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 904 | 203436 |
| Gap Inc. (The) | &nbsp;&nbsp;&nbsp; 10498 | 229906 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Specialty Retail (continued)** | **Specialty Retail (continued)** | **Specialty Retail (continued)** |
| Home Depot Inc. (The) | &nbsp;&nbsp;&nbsp; 24161 | $8709799 |
| TJX Companies Inc. (The) | &nbsp;&nbsp;&nbsp; 67552 | 8692591 |
| Williams-Sonoma Inc. | &nbsp;&nbsp;&nbsp; 9794 | 1512879 |
|  |  | 20942935 |
| **Technology Hardware, Storage & Peripherals — 6.5%** | **Technology Hardware, Storage & Peripherals — 6.5%** | **Technology Hardware, Storage & Peripherals — 6.5%** |
| Apple Inc. | &nbsp;&nbsp;&nbsp; 344060 | 73112750 |
| Dell Technologies Inc., Class C | &nbsp;&nbsp;&nbsp; 4917 | 451184 |
| Hewlett Packard Enterprise Co. | &nbsp;&nbsp;&nbsp; 57825 | 937921 |
| HP Inc. | &nbsp;&nbsp;&nbsp; 19772 | 505570 |
|  |  | 75007425 |
| **Textiles, Apparel & Luxury Goods — 0.6%** | **Textiles, Apparel & Luxury Goods — 0.6%** | **Textiles, Apparel & Luxury Goods — 0.6%** |
| Deckers Outdoor Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10699 | 1185770 |
| Nike Inc., Class B | &nbsp;&nbsp;&nbsp; 29097 | 1641071 |
| PVH Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5442 | 375389 |
| Ralph Lauren Corp., Class A | &nbsp;&nbsp;&nbsp; 3882 | 873256 |
| Tapestry Inc. | &nbsp;&nbsp;&nbsp; 32841 | 2320217 |
|  |  | 6395703 |
| **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** |
| WW Grainger Inc. | &nbsp;&nbsp;&nbsp; 1239 | 1269120 |
| **Wireless Telecommunication Services — 1.0%** | **Wireless Telecommunication Services — 1.0%** | **Wireless Telecommunication Services — 1.0%** |
| T-Mobile U.S. Inc. | &nbsp;&nbsp;&nbsp; 46588 | 11504907 |
| **Total Long-Term Investments — 99.4%** <br>**(Cost: $976,197,059)** | **Total Long-Term Investments — 99.4%** <br>**(Cost: $976,197,059)** | 1139144217 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.1%** | **Money Market Funds — 1.1%** | **Money Market Funds — 1.1%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.46%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 6050759 | 6053179 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6410000 | 6410000 |
| **Total Short-Term Securities — 1.1%** <br>**(Cost: $12,463,414)** | **Total Short-Term Securities — 1.1%** <br>**(Cost: $12,463,414)** | 12463179 |
| **Total Investments — 100.5%** <br>**(Cost: $988,660,473)** | **Total Investments — 100.5%** <br>**(Cost: $988,660,473)** | 1151607396 |
| **Liabilities in Excess of Other Assets — (0.5)%** | **Liabilities in Excess of Other Assets — (0.5)%** | (5340013)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $1146267383 |

---

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

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

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

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

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

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

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock U.S. Carbon Transition Readiness ETF**

**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 Agency <br> Shares<br>| $3783917 | $2272933 <br><sup>(a)</sup><br>| $— | &nbsp;&nbsp; $(2616)<br>| $(1055)<br>| $6053179 | 6050759 | $19585 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares<br>| 13320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (6910000 )<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; 6410000 | 6410000 | &nbsp;&nbsp; 385058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $(2616) | $(1055) | $12463179 |  | $404643 | $— |

---

&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; E-Mini S&P 500 Index | &nbsp;&nbsp; 19 | &nbsp;&nbsp; 06/20/25 | &nbsp;&nbsp; $5308 | &nbsp;&nbsp; $73136 |

---

**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; $1139144217 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1139144217 |
| &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; 12463179 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 12463179 |
|  | &nbsp;&nbsp; $1151607396 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1151607396 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2025

**BlackRock U.S. Carbon Transition Readiness ETF**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $73136 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $73136 |

---

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

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

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock ETF Trust

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

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

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

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

- **a. Name of Series:** BlackRock U.S. Carbon Transition Readiness ETF

- **b. EDGAR series identifier (if any):** S000071281

- **c. LEI of Series:** 549300GZDO1SQ7LRLO36

**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:** $1152721189.21

**Total Liabilities:** $6453986.61

**Net Assets:** $1146267202.60

**Cash Not Reported:** $383557.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000226201 | -1.74%               | -6.16%               | -0.65%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11340775.71             | $-34983266.02                              |
| Month 2  | $4016904.52              | $-81617137.01                              |
| Month 3  | $-4319570.77             | $-3842257.52                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Honeywell International Inc                    | Honeywell International Inc                           | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     15475 | NS      | $3257487.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                       | FMC Corp                                              | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     29051 | NS      | $1217817.92   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                                   | Parsons Corp                                          | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     13043 | NS      | $872054.98    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                      | Jabil Inc                                             | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      1654 | NS      | $242410.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Cisco Systems Inc                              | Cisco Systems Inc                                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    192304 | NS      | $11101709.92  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                 | Albemarle Corp                                        | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     17639 | NS      | $1032763.45   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                 | Salesforce Inc                                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     26257 | NS      | $7055518.47   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc                                            | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      8638 | NS      | $5420085.86   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                      | L3Harris Technologies Inc                             | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1299 | NS      | $285805.98    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC                                         | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     29639 | NS      | $8866506.85   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| DENTSPLY SIRONA Inc                            | DENTSPLY SIRONA Inc                                   | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |     57888 | NS      | $804643.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                             | Equity Residential                                    | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |      5866 | NS      | $412145.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                              | General Motors Co                                     | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     13732 | NS      | $621235.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc                                         | XP Inc                                                | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |     12726 | NS      | $204888.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                    | Alnylam Pharmaceuticals Inc                           | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      5043 | NS      | $1327519.32   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                  | Welltower Inc                                         | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               |  | US        |      1356 | NS      | $206912.04    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington Inc     | Expeditors International of Washington Inc            | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     21607 | NS      | $2374825.37   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                     | Chipotle Mexican Grill Inc                            | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3433 | NS      | $173435.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                 | Atlassian Corp                                        | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |      3149 | NS      | $718948.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                     | Vertex Pharmaceuticals Inc                            | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      3453 | NS      | $1759303.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                     | Mondelez International Inc                            | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     74513 | NS      | $5076570.69   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                       | Okta Inc                                              | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     19127 | NS      | $2145284.32   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     51815 | NS      | $8099202.65   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                             | Realty Income Corp                                    | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     70004 | NS      | $4050431.44   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                | McDonald's Corp                                       | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2713 | NS      | $867210.45    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                                      | Hess Corp                                             | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      9374 | NS      | $1209714.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                         | UnitedHealth Group Inc                                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     10086 | NS      | $4149783.84   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp           | International Business Machines Corp                  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     22596 | NS      | $5464164.72   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES Inc                            | GLOBALFOUNDRIES Inc                                   | CUSIP: 000000000<br>LEI: 549300BA76VK784VMX48 | Long             | EC               | CORP              | KY        |      4178 | NS      | $146522.46    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                             | Valero Energy Corp                                    | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     12952 | NS      | $1503597.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                 | Royal Gold Inc                                        | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      2265 | NS      | $413838.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                               | Wells Fargo & Co                                      | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     62795 | NS      | $4459072.95   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                        | Marathon Petroleum Corp                               | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     26713 | NS      | $3670633.33   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc                              | ManpowerGroup Inc                                     | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      8956 | NS      | $385734.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                             | NextEra Energy Inc                                    | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39973 | NS      | $2673394.24   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                           | AGNC Investment Corp                                  | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               |  | US        |        22 | NS      | $194.26       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                              | General Mills Inc                                     | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      2971 | NS      | $168574.54    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc                       | MarketAxess Holdings Inc                              | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |         2 | NS      | $443.18       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                  | Interactive Brokers Group Inc                         | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      1104 | NS      | $189722.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd                             | Liberty Global Ltd                                    | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | BM        |     19240 | NS      | $210678.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America Inc               | Reinsurance Group of America Inc                      | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      9182 | NS      | $1719880.42   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                    | Zscaler Inc                                           | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      6365 | NS      | $1439572.05   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                     | AbbVie Inc                                            | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     35242 | NS      | $6875714.20   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                 | Air Products and Chemicals Inc                        | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      3843 | NS      | $1041798.87   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                     | Ventas Inc                                            | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     19776 | NS      | $1385902.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                          | Costco Wholesale Corp                                 | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     12329 | NS      | $12261190.50  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                              | Expedia Group Inc                                     | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |      9093 | NS      | $1426964.49   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                          | Uber Technologies Inc                                 | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     59896 | NS      | $4852174.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp                              | Brown-Forman Corp                                     | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |        10 | NS      | $348.40       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Live                | Liberty Media Corp-Liberty Live                       | CUSIP: 531229748<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4855 | NS      | $339752.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                       | eBay Inc                                              | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     65070 | NS      | $4435171.20   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                         | Arch Capital Group Ltd                                | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     39338 | NS      | $3567169.84   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                       | NIKE Inc                                              | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     29097 | NS      | $1641070.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc                       | Agilent Technologies Inc                              | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     20938 | NS      | $2252928.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                          | Micron Technology Inc                                 | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      8709 | NS      | $670157.55    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                           | Regency Centers Corp                                  | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     14538 | NS      | $1049352.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc                          | Burlington Stores Inc                                 | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |       904 | NS      | $203436.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                           | Williams Cos Inc/The                                  | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      2511 | NS      | $147069.27    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                    | HubSpot Inc                                           | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      1081 | NS      | $661031.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                  | Citigroup Inc                                         | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     10841 | NS      | $741307.58    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc                                    | Polaris Inc                                           | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |         6 | NS      | $203.76       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                              | Omnicom Group Inc                                     | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     13689 | NS      | $1042554.24   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                          | Spotify Technology SA                                 | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      2134 | NS      | $1310233.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                          | Robinhood Markets Inc                                 | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     14077 | NS      | $691321.47    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc                                     | DaVita Inc                                            | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     13233 | NS      | $1873131.15   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                            | Cheniere Energy Inc                                   | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     20718 | NS      | $4788136.98   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                   | Comcast Corp                                          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     28320 | NS      | $968544.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                             | PPG Industries Inc                                    | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     50976 | NS      | $5549247.36   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                                 | Tetra Tech Inc                                        | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     13581 | NS      | $423591.39    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                  | Medtronic PLC                                         | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     82343 | NS      | $6979392.68   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                                     | Globant SA                                            | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |      5836 | NS      | $686138.52    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                     | Advanced Micro Devices Inc                            | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     52573 | NS      | $5117981.55   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                             | Enphase Energy Inc                                    | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     12671 | NS      | $564999.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                    | PepsiCo Inc                                           | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     27826 | NS      | $3772649.08   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                            | PayPal Holdings Inc                                   | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     20411 | NS      | $1343860.24   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                                   | Centene Corp                                          | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     31520 | NS      | $1886472.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                          | Dell Technologies Inc                                 | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      4917 | NS      | $451183.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                          | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    144352 | NS      | $22923097.60  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP Inc                                        | BXP Inc                                               | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     24498 | NS      | $1561257.54   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The                       | Estee Lauder Cos Inc/The                              | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |     16486 | NS      | $988500.56    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                   | Prologis Inc                                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     52400 | NS      | $5355280.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc                                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     18678 | NS      | $6453249.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                                    | Kemper Corp                                           | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     13911 | NS      | $822418.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co                  | Hewlett Packard Enterprise Co                         | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     57825 | NS      | $937921.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                          | Carlyle Group Inc/The                                 | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     14100 | NS      | $544824.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                                 | NRG Energy Inc                                        | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      1605 | NS      | $175875.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                         | Boston Scientific Corp                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     14031 | NS      | $1443368.97   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                            | Elevance Health Inc                                   | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     10028 | NS      | $4217576.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                              | Lam Research Corp                                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     65160 | NS      | $4670017.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                | Baker Hughes Co                                       | CUSIP: 05722G100<br>LEI: 5493004XSDPHVQ2URI81 | Long             | EC               | CORP              | US        |    174263 | NS      | $6168910.20   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                              | GXO Logistics Inc                                     | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |      5573 | NS      | $201965.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co/The                             | J M Smucker Co/The                                    | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |      1417 | NS      | $164754.59    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                                 | CBRE Group Inc                                        | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     11248 | NS      | $1374280.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc                    | Raymond James Financial Inc                           | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      7538 | NS      | $1033007.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent Inc             | Frontier Communications Parent Inc                    | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        12 | NS      | $435.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                     | Biogen Inc                                            | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     16208 | NS      | $1962464.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                      | Block Inc                                             | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     48241 | NS      | $2820651.27   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                           | Edison International                                  | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     23701 | NS      | $1268240.51   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                        | Procter & Gamble Co/The                               | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     22366 | NS      | $3636040.62   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                     | MasTec Inc                                            | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      4971 | NS      | $632907.72    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   3078729 | NS      | $3079960.13   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                    | Cummins Inc                                           | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     20209 | NS      | $5938212.56   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                    | Workday Inc                                           | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      5873 | NS      | $1438885.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                    | Royal Caribbean Cruises Ltd                           | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     19246 | NS      | $4136157.86   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                                      | IDEX Corp                                             | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |         2 | NS      | $347.94       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                              | Ralph Lauren Corp                                     | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      3882 | NS      | $873255.90    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                 | Microsoft Corp                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    137603 | NS      | $54388961.78  | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                                   | Insulet Corp                                          | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       977 | NS      | $246487.33    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                               | Paramount Global                                      | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |        42 | NS      | $493.08       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                          | Becton Dickinson & Co                                 | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      8077 | NS      | $1672665.93   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                                  | Ingredion Inc                                         | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |         2 | NS      | $265.64       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                            | American Tower Corp                                   | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      5467 | NS      | $1232316.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                              | Veeva Systems Inc                                     | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     20506 | NS      | $4792047.14   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                          | Applied Materials Inc                                 | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     23315 | NS      | $3513803.65   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                      | Constellation Energy Corp                             | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      5476 | NS      | $1223557.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                | Federal Realty Investment Trust                       | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               |  | US        |     20685 | NS      | $1944803.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                         | Trane Technologies PLC                                | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     17865 | NS      | $6847833.15   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                   | Newmont Corp                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      4796 | NS      | $252653.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                    | Trimble Inc                                           | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      4977 | NS      | $309270.78    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                          | AECOM                                                 | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     41253 | NS      | $4069608.45   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc                               | Viper Energy Inc                                      | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |      7042 | NS      | $284003.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                    | NVIDIA Corp                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    536668 | NS      | $58453878.56  | 5.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                | Best Buy Co Inc                                       | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     20747 | NS      | $1383617.43   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                   | Chevron Corp                                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22385 | NS      | $3045703.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc                            | Williams-Sonoma Inc                                   | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      9794 | NS      | $1512879.18   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc             | Johnson Controls International plc                    | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |      4131 | NS      | $346590.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wendy's Co/The                                 | Wendy's Co/The                                        | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |     52103 | NS      | $651287.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                      | Adobe Inc                                             | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     11188 | NS      | $4195276.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                        | KeyCorp                                               | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    476822 | NS      | $7076038.48   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                           | Waste Management Inc                                  | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     12534 | NS      | $2924934.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                    | Hubbell Inc                                           | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |     13253 | NS      | $4813224.54   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                          | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    112854 | NS      | $18157080.06  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                                | Cigna Group/The                                       | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     14452 | NS      | $4914258.08   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                  | M&T Bank Corp                                         | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      4493 | NS      | $762731.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                         | Sempra                                                | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     65602 | NS      | $4872260.54   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                               | W R Berkley Corp                                      | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      5777 | NS      | $414153.13    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corp                                       | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     47262 | NS      | $3152848.02   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                                   | Illumina Inc                                          | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     24330 | NS      | $1888008.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                             | Walt Disney Co/The                                    | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     19546 | NS      | $1777708.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                            | Quanta Services Inc                                   | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3989 | NS      | $1167540.41   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                    | Target Corp                                           | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     13881 | NS      | $1342292.70   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                       | Marsh & McLennan Cos Inc                              | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     23132 | NS      | $5215572.04   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc                  | Principal Financial Group Inc                         | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     10910 | NS      | $808976.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | Walmart Inc                                           | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     61911 | NS      | $6020844.75   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp                         | Universal Display Corp                                | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5639 | NS      | $708427.57    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                               | Coca-Cola Co/The                                      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    193386 | NS      | $14030154.30  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                   | Fortinet Inc                                          | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     22895 | NS      | $2375585.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc                    | American Airlines Group Inc                           | CUSIP: 02376R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98842 | NS      | $983477.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                           | Ares Management Corp                                  | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     17590 | NS      | $2683002.70   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                     | Airbnb Inc                                            | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      3313 | NS      | $403920.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                     | PACCAR Inc                                            | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     23209 | NS      | $2093683.89   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                               | Exxon Mobil Corp                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     34028 | NS      | $3594377.64   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc                         | Guidewire Software Inc                                | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      1714 | NS      | $350975.78    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                       | Etsy Inc                                              | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     72786 | NS      | $3164735.28   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Flowserve Corp                                 | Flowserve Corp                                        | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      5434 | NS      | $245779.82    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                           | Amentum Holdings Inc                                  | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     12173 | NS      | $265614.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                | American Financial Group Inc/OH                       | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      3646 | NS      | $461802.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD                          | McCormick & Co Inc/MD                                 | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     59280 | NS      | $4544404.80   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                      | Palantir Technologies Inc                             | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     40734 | NS      | $4824534.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd                           | Assured Guaranty Ltd                                  | CUSIP: 000000000<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |     18239 | NS      | $1600107.47   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                         | Marvell Technology Inc                                | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14824 | NS      | $865276.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc                        | Consolidated Edison Inc                               | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     24181 | NS      | $2726407.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Lucid Group Inc                                | Lucid Group Inc                                       | CUSIP: 549498103<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | EC               | CORP              | US        |     80814 | NS      | $202843.14    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| ATI Inc                                        | ATI Inc                                               | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |      3228 | NS      | $175538.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                | TJX Cos Inc/The                                       | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     67552 | NS      | $8692591.36   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                     | Kirby Corp                                            | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      2407 | NS      | $231962.59    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                         | Berkshire Hathaway Inc                                | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     40478 | NS      | $21584893.50  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                           | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     11978 | NS      | $13555742.16  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                     | Cadence Design Systems Inc                            | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      9496 | NS      | $2827339.04   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                              | Kimco Realty Corp                                     | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |     29861 | NS      | $596622.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                         | Intuitive Surgical Inc                                | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      7591 | NS      | $3915437.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                   | Xylem Inc/NY                                          | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     11031 | NS      | $1330007.67   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                     | Ecolab Inc                                            | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     52626 | NS      | $13231755.18  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                 | Mastercard Inc                                        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     39858 | NS      | $21844575.48  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                   | Broadcom Inc                                          | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    100204 | NS      | $19286263.88  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                      | Amgen Inc                                             | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     18338 | NS      | $5334890.96   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                           | Bank of America Corp                                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     50455 | NS      | $2012145.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                              | DXC Technology Co                                     | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |        20 | NS      | $310.40       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | S+P500 EMINI FUT JUN25                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        19 | NC      | $73136.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                | Bunge Global SA                                       | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |      5933 | NS      | $467045.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                      | Tesla Inc                                             | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     66108 | NS      | $18653033.28  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                     | US Bancorp                                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     92654 | NS      | $3737662.36   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                             | Home Depot Inc/The                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     24161 | NS      | $8709798.89   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                     | Intel Corp                                            | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     88280 | NS      | $1774428.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc                     | Grand Canyon Education Inc                            | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      1324 | NS      | $236161.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                 | Fortune Brands Innovations Inc                        | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |         6 | NS      | $322.92       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                           | Vornado Realty Trust                                  | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |      7128 | NS      | $251475.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                                      | PG&E Corp                                             | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    126826 | NS      | $2095165.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                                 | BorgWarner Inc                                        | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      4773 | NS      | $135457.74    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                           | Jacobs Solutions Inc                                  | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37554 | NS      | $4649185.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners Inc                | Pinnacle Financial Partners Inc                       | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |         4 | NS      | $400.96       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     56999 | NS      | $7452619.25   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                     | FedEx Corp                                            | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |       930 | NS      | $195606.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                   | Veralto Corp                                          | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     29776 | NS      | $2855518.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                              | MP Materials Corp                                     | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |     12261 | NS      | $299904.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                   | Apollo Global Management Inc                          | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      7461 | NS      | $1018277.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp                          | Antero Midstream Corp                                 | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12045 | NS      | $199344.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                                 | TechnipFMC PLC                                        | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     96959 | NS      | $2731335.03   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp                      | Cincinnati Financial Corp                             | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     13001 | NS      | $1809869.21   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                    | Goldman Sachs Group Inc/The                           | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     26911 | NS      | $14735118.05  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                 | ServiceNow Inc                                        | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      7015 | NS      | $6699395.15   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                                     | Sysco Corp                                            | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     34128 | NS      | $2436739.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                              | YETI Holdings Inc                                     | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |        12 | NS      | $342.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                   | NiSource Inc                                          | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     14077 | NS      | $550551.47    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                            | General Electric Co                                   | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     54524 | NS      | $10988766.96  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                     | Deere & Co                                            | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      4268 | NS      | $1978474.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                             | Analog Devices Inc                                    | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     21635 | NS      | $4217094.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                      | MGM Resorts International                             | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |     46041 | NS      | $1448449.86   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | Eversource Energy                                     | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     89318 | NS      | $5312634.64   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms Inc                                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     48691 | NS      | $26731359.00  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                     | Pfizer Inc                                            | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    179677 | NS      | $4385915.57   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                     | Verizon Communications Inc                            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     30046 | NS      | $1323826.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                    | Oracle Corp                                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     28813 | NS      | $4054565.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                       | RTX Corp                                              | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     59916 | NS      | $7557205.08   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp                      | Edwards Lifesciences Corp                             | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     30580 | NS      | $2308484.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                   | KKR & Co Inc                                          | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     24810 | NS      | $2835038.70   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                                 | Globe Life Inc                                        | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      2040 | NS      | $251613.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                            | Avery Dennison Corp                                   | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     11487 | NS      | $1965540.57   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                   | Autodesk Inc                                          | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     38059 | NS      | $10437680.75  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                       | Crowdstrike Holdings Inc                              | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      4123 | NS      | $1768231.01   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                 | GE Vernova Inc                                        | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      7597 | NS      | $2817119.54   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                                | Gen Digital Inc                                       | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |    112194 | NS      | $2902458.78   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                              | Allstate Corp/The                                     | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     14421 | NS      | $2860982.19   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                    | Cencora Inc                                           | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      3260 | NS      | $954104.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                               | Boyd Gaming Corp                                      | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      3720 | NS      | $257200.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                             | Kilroy Realty Corp                                    | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               |  | US        |     37966 | NS      | $1196308.66   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc                     | LPL Financial Holdings Inc                            | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      5498 | NS      | $1758205.42   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc                              | MicroStrategy Inc                                     | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      1130 | NS      | $429524.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                            | VICI Properties Inc                                   | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |     74787 | NS      | $2394679.74   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                         | Palo Alto Networks Inc                                | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     23121 | NS      | $4322008.53   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                 | Starbucks Corp                                        | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     23699 | NS      | $1897104.95   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc                 | JB Hunt Transport Services Inc                        | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     18576 | NS      | $2425654.08   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                       | Simon Property Group Inc                              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |      9651 | NS      | $1518874.38   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                                | Yum! Brands Inc                                       | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     50835 | NS      | $7647617.40   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc                        | Zoom Communications Inc                               | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     22467 | NS      | $1742091.18   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                                   | Docusign Inc                                          | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |      8302 | NS      | $678688.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit AeroSystems Holdings Inc                | Spirit AeroSystems Holdings Inc                       | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5663 | NS      | $203868.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Morgan Stanley                                 | Morgan Stanley                                        | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     11168 | NS      | $1289010.56   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                                  | Carnival Corp                                         | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |     18007 | NS      | $330248.38    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                             | Ingersoll Rand Inc                                    | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     13937 | NS      | $1051267.91   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                | Caterpillar Inc                                       | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     12502 | NS      | $3866493.54   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc                   | Monolithic Power Systems Inc                          | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       599 | NS      | $355266.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                   | QUALCOMM Inc                                          | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     25169 | NS      | $3736589.74   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                                     | Natera Inc                                            | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10308 | NS      | $1555786.44   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                                   | AutoZone Inc                                          | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |        56 | NS      | $210705.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                       | Ameriprise Financial Inc                              | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1997 | NS      | $940626.94    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One         | Liberty Media Corp-Liberty Formula One                | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2033 | NS      | $180266.11    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                       | KLA Corp                                              | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1417 | NS      | $995711.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The               | Hartford Insurance Group Inc/The                      | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     28994 | NS      | $3556693.98   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                                  | McKesson Corp                                         | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       846 | NS      | $603020.34    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   6410000 | NS      | $6410000.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                     | Humana Inc                                            | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      9708 | NS      | $2545825.92   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                                       | PVH Corp                                              | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |      5442 | NS      | $375389.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Tapestry Inc                                   | Tapestry Inc                                          | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     32841 | NS      | $2320216.65   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                   | United Airlines Holdings Inc                          | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      6644 | NS      | $457240.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                         | Church & Dwight Co Inc                                | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     49640 | NS      | $4931237.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                                     | Twilio Inc                                            | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      3829 | NS      | $370302.59    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                                   | Synopsys Inc                                          | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      2594 | NS      | $1190671.94   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                      | Apple Inc                                             | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    344060 | NS      | $73112750.00  | 6.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                  | Regeneron Pharmaceuticals Inc                         | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       708 | NS      | $423922.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                  | AppLovin Corp                                         | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      2780 | NS      | $748681.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                  | Automatic Data Processing Inc                         | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      4968 | NS      | $1493380.80   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive Inc                          | Rivian Automotive Inc                                 | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |     56752 | NS      | $775232.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Prudential Financial Inc                       | Prudential Financial Inc                              | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      7766 | NS      | $797645.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                     | Nasdaq Inc                                            | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     88987 | NS      | $6781699.27   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                              | Clean Harbors Inc                                     | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     13601 | NS      | $2909797.94   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                                | WW Grainger Inc                                       | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1239 | NS      | $1269120.09   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                                    | Hexcel Corp                                           | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     17882 | NS      | $866740.54    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-Mobile US Inc                                       | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     46588 | NS      | $11504906.60  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                                    | Gap Inc/The                                           | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |     10498 | NS      | $229906.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/The               | Interpublic Group of Cos Inc/The                      | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |    136922 | NS      | $3439480.64   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                          | Travelers Cos Inc/The                                 | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      4221 | NS      | $1114892.73   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                           | Deckers Outdoor Corp                                  | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     10699 | NS      | $1185770.17   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                                | Weyerhaeuser Co                                       | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               |  | US        |    130360 | NS      | $3377627.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                  | Rexford Industrial Realty Inc                         | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |     10063 | NS      | $333085.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                           | Las Vegas Sands Corp                                  | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     33825 | NS      | $1240362.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                           | Booking Holdings Inc                                  | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1513 | NS      | $7715210.64   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                           | Keurig Dr Pepper Inc                                  | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     65800 | NS      | $2276022.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                 | Merck & Co Inc                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     49172 | NS      | $4189454.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                      | Healthpeak Properties Inc                             | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               |  | US        |     43381 | NS      | $773917.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                             | Expand Energy Corp                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      9159 | NS      | $951620.10    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                           | Colgate-Palmolive Co                                  | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     70747 | NS      | $6522165.93   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                 | S&P Global Inc                                        | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     17155 | NS      | $8578357.75   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services Inc               | West Pharmaceutical Services Inc                      | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      2818 | NS      | $595415.22    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                        | CRH PLC                                               | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     31848 | NS      | $3038936.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                                   | Oshkosh Corp                                          | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      4019 | NS      | $336631.44    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                                 | Whirlpool Corp                                        | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     11559 | NS      | $881720.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                    | Waters Corp                                           | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      7427 | NS      | $2582590.71   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                 | Eli Lilly & Co                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     20518 | NS      | $18444656.10  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                        | Arthur J Gallagher & Co                               | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      8997 | NS      | $2885247.93   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                            | JPMorgan Chase & Co                                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     73374 | NS      | $17948747.88  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    182951 | NS      | $33739823.42  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                         | HP Inc                                                | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     19772 | NS      | $505570.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Live                | Liberty Media Corp-Liberty Live                       | CUSIP: 531229722<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5288 | NS      | $378144.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp/PA                                    | FNB Corp/PA                                           | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    139579 | NS      | $1827089.11   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                         | Motorola Solutions Inc                                | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       926 | NS      | $407801.14    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                      | ONEOK Inc                                             | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     60325 | NS      | $4956302.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                    | Hologic Inc                                           | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     23106 | NS      | $1344769.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                        | Bristol-Myers Squibb Co                               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      2967 | NS      | $148943.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                            | American Express Co                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      1237 | NS      | $329549.17    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                          | Element Solutions Inc                                 | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     48992 | NS      | $999926.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                      | CH Robinson Worldwide Inc                             | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     24548 | NS      | $2190172.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                     | Capital One Financial Corp                            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     41309 | NS      | $7446360.34   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc            | Public Service Enterprise Group Inc                   | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    109482 | NS      | $8750896.26   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                 | Eaton Corp PLC                                        | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     26255 | NS      | $7728684.35   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                            | Gilead Sciences Inc                                   | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     62507 | NS      | $6659495.78   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     12436 | NS      | $1108296.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** BlackRock ETF Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer