# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-205069
**Filing Date:** 2025-8
**Character Count:** 68232
**Document Hash:** 065ba495ee91c88eaa7c81f15c53f626
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205069.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205069

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20260331

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251255596

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

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

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

## Series and Classes Contracts Data

### iShares MSCI USA Quality GARP ETF (Series ID: S000066849)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000215209 | iShares MSCI USA Quality GARP ETF | GARP            |

## Nport-Ex

Schedule of Investments (unaudited)

June 30, 2025

**iShares® MSCI USA Quality GARP ETF**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 2.8%** | **Aerospace & Defense — 2.8%** | **Aerospace & Defense — 2.8%** |
| Axon Enterprise, Inc.<sup>(a)</sup> | 516 | $427217 |
| Boeing Co. (The)<sup>(a)</sup> | 5311 | 1112814 |
| General Electric Co. | 37669 | 9695624 |
| HEICO Corp. | 1558 | 511024 |
| Howmet Aerospace, Inc. | 13585 | 2528576 |
| TransDigm Group, Inc. | 391 | 594570 |
|  |  | 14869825 |
| **Automobile Components — 0.3%** | **Automobile Components — 0.3%** | **Automobile Components — 0.3%** |
| Aptiv PLC<sup>(a)</sup> | 22692 | 1548048 |
| **Automobiles — 3.3%** | **Automobiles — 3.3%** | **Automobiles — 3.3%** |
| Tesla, Inc.<sup>(a)</sup> | 55606 | 17663802 |
| **Biotechnology — 1.1%** | **Biotechnology — 1.1%** | **Biotechnology — 1.1%** |
| Alnylam Pharmaceuticals, Inc.<sup>(a)</sup> | 915 | 298372 |
| Gilead Sciences, Inc. | 17610 | 1952421 |
| Incyte Corp.<sup>(a)</sup> | 2320 | 157992 |
| Neurocrine Biosciences, Inc.<sup>(a)</sup> | 4197 | 527521 |
| United Therapeutics Corp.<sup>(a)</sup> | 1803 | 518092 |
| Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | 5449 | 2425895 |
|  |  | 5880293 |
| **Broadline Retail — 3.0%** | **Broadline Retail — 3.0%** | **Broadline Retail — 3.0%** |
| Amazon.com, Inc.<sup>(a)</sup> | 33739 | 7401999 |
| MercadoLibre, Inc.<sup>(a)</sup> | 3217 | 8408048 |
|  |  | 15810047 |
| **Building Products — 0.3%** | **Building Products — 0.3%** | **Building Products — 0.3%** |
| Lennox International, Inc. | 3158 | 1810292 |
| **Capital Markets — 2.8%** | **Capital Markets — 2.8%** | **Capital Markets — 2.8%** |
| Ameriprise Financial, Inc. | 4059 | 2166410 |
| Ares Management Corp., Class A | 2873 | 497604 |
| Charles Schwab Corp. (The) | 73022 | 6662527 |
| Goldman Sachs Group, Inc. (The) | 4392 | 3108438 |
| KKR & Co., Inc., Class A | 8786 | 1168802 |
| LPL Financial Holdings, Inc. | 3385 | 1269273 |
|  |  | 14873054 |
| **Communications Equipment — 2.3%** | **Communications Equipment — 2.3%** | **Communications Equipment — 2.3%** |
| Arista Networks, Inc.<sup>(a)</sup> | 120322 | 12310144 |
| **Construction & Engineering — 0.5%** | **Construction & Engineering — 0.5%** | **Construction & Engineering — 0.5%** |
| EMCOR Group, Inc. | 4505 | 2409679 |
| **Electrical Equipment — 0.8%** | **Electrical Equipment — 0.8%** | **Electrical Equipment — 0.8%** |
| GE Vernova, Inc. | 3863 | 2044106 |
| Vertiv Holdings Co., Class A | 15329 | 1968397 |
|  |  | 4012503 |
| **Electronic Equipment, Instruments & Components — 1.0%** | **Electronic Equipment, Instruments & Components — 1.0%** | **Electronic Equipment, Instruments & Components — 1.0%** |
| Amphenol Corp., Class A | 45344 | 4477720 |
| Jabil, Inc. | 4020 | 876762 |
|  |  | 5354482 |
| **Entertainment — 1.9%** | **Entertainment — 1.9%** | **Entertainment — 1.9%** |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp. - Liberty Formula One, Class C, <br> NVS<sup>(a)</sup><br>| 3472 | 362824 |
| Live Nation Entertainment, Inc.<sup>(a)</sup> | 2648 | 400590 |
| Netflix, Inc.<sup>(a)</sup> | 7008 | 9384623 |
|  |  | 10148037 |
| **Financial Services — 6.7%** | **Financial Services — 6.7%** | **Financial Services — 6.7%** |
| Apollo Global Management, Inc. | 5641 | 800289 |
| Block, Inc., Class A<sup>(a)</sup> | 7905 | 536987 |
| Corpay, Inc.<sup>(a)</sup> | 2827 | 938055 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Financial Services (continued)** | **Financial Services (continued)** | **Financial Services (continued)** |
| Fiserv, Inc.<sup>(a)</sup> | 7894 | $1361004 |
| Mastercard, Inc., Class A | 17257 | 9697399 |
| Toast, Inc., Class A<sup>(a)</sup> | 9902 | 438560 |
| Visa, Inc., Class A | 60870 | 21611893 |
|  |  | 35384187 |
| **Ground Transportation — 1.4%** | **Ground Transportation — 1.4%** | **Ground Transportation — 1.4%** |
| Uber Technologies, Inc.<sup>(a)</sup> | 79764 | 7441981 |
| **Health Care Equipment & Supplies — 0.9%** | **Health Care Equipment & Supplies — 0.9%** | **Health Care Equipment & Supplies — 0.9%** |
| Dexcom, Inc.<sup>(a)</sup> | 16610 | 1449887 |
| IDEXX Laboratories, Inc.<sup>(a)</sup> | 5733 | 3074837 |
| Insulet Corp.<sup>(a)</sup> | 568 | 178454 |
|  |  | 4703178 |
| **Health Care Providers & Services — 0.9%** | **Health Care Providers & Services — 0.9%** | **Health Care Providers & Services — 0.9%** |
| Cencora, Inc. | 7801 | 2339130 |
| DaVita, Inc.<sup>(a)</sup> | 1872 | 266666 |
| McKesson Corp. | 1769 | 1296288 |
| Molina Healthcare, Inc.<sup>(a)</sup> | 2315 | 689638 |
| Universal Health Services, Inc., Class B | 2457 | 445086 |
|  |  | 5036808 |
| **Health Care REITs — 0.1%** | **Health Care REITs — 0.1%** | **Health Care REITs — 0.1%** |
| Welltower, Inc. | 4580 | 704083 |
| **Hotels, Restaurants & Leisure — 5.8%** | **Hotels, Restaurants & Leisure — 5.8%** | **Hotels, Restaurants & Leisure — 5.8%** |
| Airbnb, Inc., Class A<sup>(a)</sup> | 30777 | 4073028 |
| Booking Holdings, Inc. | 226 | 1308368 |
| Carnival Corp.<sup>(a)</sup> | 14828 | 416963 |
| Chipotle Mexican Grill, Inc.<sup>(a)</sup> | 67020 | 3763173 |
| DoorDash, Inc., Class A<sup>(a)</sup> | 17724 | 4369143 |
| DraftKings, Inc., Class A<sup>(a)</sup> | 22241 | 953917 |
| Expedia Group, Inc. | 12191 | 2056378 |
| Flutter Entertainment PLC<sup>(a)(b)</sup> | 12485 | 3567714 |
| Hilton Worldwide Holdings, Inc. | 1700 | 452778 |
| Hyatt Hotels Corp., Class A | 4154 | 580106 |
| Las Vegas Sands Corp. | 24961 | 1086053 |
| Marriott International, Inc., Class A | 1646 | 449704 |
| Royal Caribbean Cruises Ltd. | 25290 | 7919311 |
|  |  | 30996636 |
| **Independent Power and Renewable Electricity Producers — 0.1%** | **Independent Power and Renewable Electricity Producers — 0.1%** | **Independent Power and Renewable Electricity Producers — 0.1%** |
| Vistra Corp. | 2409 | 466888 |
| **Insurance — 1.8%** | **Insurance — 1.8%** | **Insurance — 1.8%** |
| American International Group, Inc. | 8250 | 706117 |
| Arch Capital Group Ltd. | 15915 | 1449061 |
| Everest Group Ltd. | 595 | 202211 |
| Markel Group, Inc.<sup>(a)</sup> | 179 | 357527 |
| Progressive Corp. (The) | 24843 | 6629603 |
|  |  | 9344519 |
| **Interactive Media & Services — 7.8%** | **Interactive Media & Services — 7.8%** | **Interactive Media & Services — 7.8%** |
| Alphabet, Inc., Class A | 82781 | 14588496 |
| Alphabet, Inc., Class C, NVS | 70218 | 12455971 |
| Meta Platforms, Inc., Class A | 17934 | 13236906 |
| Pinterest, Inc., Class A<sup>(a)</sup> | 19433 | 696867 |
| Reddit, Inc., Class A<sup>(a)(b)</sup> | 1126 | 169542 |
| Snap, Inc., Class A, NVS<sup>(a)(b)</sup> | 17717 | 153961 |
|  |  | 41301743 |
| **IT Services — 0.4%** | **IT Services — 0.4%** | **IT Services — 0.4%** |
| GoDaddy, Inc., Class A<sup>(a)</sup> | 5288 | 952158 |
| Okta, Inc., Class A<sup>(a)</sup> | 6199 | 619714 |
| Twilio, Inc., Class A<sup>(a)</sup> | 5448 | 677513 |
|  |  | 2249385 |

---

------

Schedule of Investments (unaudited) (continued)

June 30, 2025

**iShares® MSCI USA Quality GARP ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Media — 0.1%** | **Media — 0.1%** | **Media — 0.1%** |
| Trade Desk, Inc. (The), Class A<sup>(a)</sup> | 7406 | $533158 |
| **Metals & Mining — 0.1%** | **Metals & Mining — 0.1%** | **Metals & Mining — 0.1%** |
| Freeport-McMoRan, Inc. | 10157 | 440306 |
| **Oil, Gas & Consumable Fuels — 2.1%** | **Oil, Gas & Consumable Fuels — 2.1%** | **Oil, Gas & Consumable Fuels — 2.1%** |
| Coterra Energy, Inc. | 53980 | 1370012 |
| Diamondback Energy, Inc. | 13508 | 1855999 |
| EQT Corp. | 24061 | 1403238 |
| Expand Energy Corp. | 20717 | 2422646 |
| Hess Corp. | 10379 | 1437907 |
| Phillips 66 | 8633 | 1029917 |
| Targa Resources Corp. | 1542 | 268431 |
| Texas Pacific Land Corp. | 957 | 1010965 |
| Valero Energy Corp. | 4438 | 596556 |
|  |  | 11395671 |
| **Passenger Airlines — 0.2%** | **Passenger Airlines — 0.2%** | **Passenger Airlines — 0.2%** |
| Delta Air Lines, Inc. | 11540 | 567537 |
| United Airlines Holdings, Inc.<sup>(a)</sup> | 3467 | 276077 |
|  |  | 843614 |
| **Pharmaceuticals — 6.0%** | **Pharmaceuticals — 6.0%** | **Pharmaceuticals — 6.0%** |
| Bristol-Myers Squibb Co. | 28740 | 1330375 |
| Eli Lilly & Co. | 28465 | 22189321 |
| Merck & Co., Inc. | 106651 | 8442493 |
|  |  | 31962189 |
| **Professional Services — 0.4%** | **Professional Services — 0.4%** | **Professional Services — 0.4%** |
| Jacobs Solutions, Inc. | 8653 | 1137437 |
| Paycom Software, Inc. | 5144 | 1190321 |
|  |  | 2327758 |
| **Real Estate Management & Development — 0.3%** | **Real Estate Management & Development — 0.3%** | **Real Estate Management & Development — 0.3%** |
| CoStar Group, Inc.<sup>(a)</sup> | 20845 | 1675938 |
| **Semiconductors & Semiconductor Equipment — 20.7%** | **Semiconductors & Semiconductor Equipment — 20.7%** | **Semiconductors & Semiconductor Equipment — 20.7%** |
| Advanced Micro Devices, Inc.<sup>(a)</sup> | 60776 | 8624114 |
| Applied Materials, Inc. | 91185 | 16693238 |
| Broadcom, Inc. | 41772 | 11514452 |
| First Solar, Inc.<sup>(a)</sup> | 3818 | 632032 |
| KLA Corp. | 24854 | 22262722 |
| Lam Research Corp. | 144115 | 14028154 |
| Marvell Technology, Inc. | 32400 | 2507760 |
| Monolithic Power Systems, Inc. | 5381 | 3935556 |
| NVIDIA Corp. | 187412 | 29609222 |
|  |  | 109807250 |
| **Software — 17.2%** | **Software — 17.2%** | **Software — 17.2%** |
| Adobe, Inc.<sup>(a)</sup> | 47840 | 18508339 |
| AppLovin Corp., Class A<sup>(a)</sup> | 4346 | 1521448 |
| Atlassian Corp., Class A<sup>(a)</sup> | 3060 | 621455 |
| Autodesk, Inc.<sup>(a)</sup> | 3997 | 1237351 |
| Cadence Design Systems, Inc.<sup>(a)</sup> | 5128 | 1580193 |
| Crowdstrike Holdings, Inc., Class A<sup>(a)</sup> | 4630 | 2358105 |
| Datadog, Inc., Class A<sup>(a)</sup> | 5383 | 723098 |
| Docusign, Inc.<sup>(a)</sup> | 7575 | 590017 |
| Dynatrace, Inc.<sup>(a)</sup> | 11207 | 618739 |
| Fair Isaac Corp.<sup>(a)</sup> | 464 | 848174 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
| Fortinet, Inc.<sup>(a)</sup> | 85600 | $9049632 |
| HubSpot, Inc.<sup>(a)</sup> | 922 | 513213 |
| Microsoft Corp. | 54961 | 27338151 |
| Nutanix, Inc., Class A<sup>(a)</sup> | 4745 | 362708 |
| Palantir Technologies, Inc., Class A<sup>(a)</sup> | 40077 | 5463297 |
| Palo Alto Networks, Inc.<sup>(a)(b)</sup> | 12378 | 2533034 |
| Salesforce, Inc. | 35948 | 9802660 |
| Samsara, Inc., Class A<sup>(a)(b)</sup> | 5322 | 211709 |
| ServiceNow, Inc.<sup>(a)</sup> | 3872 | 3980726 |
| Synopsys, Inc.<sup>(a)</sup> | 2884 | 1478569 |
| Workday, Inc., Class A<sup>(a)</sup> | 8059 | 1934160 |
|  |  | 91274778 |
| **Specialized REITs — 0.1%** | **Specialized REITs — 0.1%** | **Specialized REITs — 0.1%** |
| SBA Communications Corp., Class A | 1532 | 359775 |
| **Specialty Retail — 0.5%** | **Specialty Retail — 0.5%** | **Specialty Retail — 0.5%** |
| Burlington Stores, Inc.<sup>(a)</sup> | 2232 | 519252 |
| Carvana Co., Class A<sup>(a)</sup> | 857 | 288775 |
| Ulta Beauty, Inc.<sup>(a)</sup> | 4472 | 2092091 |
|  |  | 2900118 |
| **Technology Hardware, Storage & Peripherals — 5.2%** | **Technology Hardware, Storage & Peripherals — 5.2%** | **Technology Hardware, Storage & Peripherals — 5.2%** |
| Apple Inc. | 121749 | 24979242 |
| Dell Technologies, Inc., Class C | 12085 | 1481621 |
| Super Micro Computer, Inc.<sup>(a)(b)</sup> | 18869 | 924770 |
|  |  | 27385633 |
| **Textiles, Apparel & Luxury Goods — 0.8%** | **Textiles, Apparel & Luxury Goods — 0.8%** | **Textiles, Apparel & Luxury Goods — 0.8%** |
| Deckers Outdoor Corp.<sup>(a)</sup> | 15004 | 1546463 |
| Lululemon Athletica, Inc.<sup>(a)</sup> | 10859 | 2579881 |
|  |  | 4126344 |
| **Total Long-Term Investments — 99.7%** <br>**(Cost: $483,052,033)** | **Total Long-Term Investments — 99.7%** <br>**(Cost: $483,052,033)** | 529352146 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.3%** | **Money Market Funds — 1.3%** | **Money Market Funds — 1.3%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.47%<sup>(c)(d)(e)</sup><br>| 5264024 | 5266129 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(c)(d)</sup><br>| 1501806 | 1501806 |
| **Total Short-Term Securities — 1.3%** <br>**(Cost: $6,767,917)** | **Total Short-Term Securities — 1.3%** <br>**(Cost: $6,767,917)** | 6767935 |
| **Total Investments — 101.0%** <br>**(Cost: $489,819,950)** | **Total Investments — 101.0%** <br>**(Cost: $489,819,950)** | 536120081 |
| **Liabilities in Excess of Other Assets — (1.0)%** | **Liabilities in Excess of Other Assets — (1.0)%** | (5049418)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $531070663 |

---

&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)

June 30, 2025

**iShares® MSCI USA Quality GARP ETF**

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 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>*03/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain* <br>*(Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*06/30/25*<br>| *Shares* <br>*Held at* <br>*06/30/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL <br> Agency Shares<br>| &nbsp;&nbsp; $2182991<br>&nbsp;&nbsp; $3083485 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(365)<br>| &nbsp;&nbsp; $18 | &nbsp;&nbsp; $5266129 | &nbsp;&nbsp; 5264024 | &nbsp;&nbsp; $1318 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp; 255937<br>&nbsp;&nbsp; 1245869 <br><sup>(a)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1501806 | &nbsp;&nbsp; 1501806 | &nbsp;&nbsp; 7384 | &nbsp;&nbsp; — |
|  |  |  | &nbsp;&nbsp; $(365)<br>| &nbsp;&nbsp; $18 | &nbsp;&nbsp; $6767935 |  | &nbsp;&nbsp; $8702 | &nbsp;&nbsp; $— |

---

&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* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; NASDAQ 100 Micro E-Mini Index | 27 | 09/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; $1236 | &nbsp;&nbsp;&nbsp;&nbsp; $55337 |

---

**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:

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

&nbsp;&nbsp;&nbsp;&nbsp;• 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;• 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.

------

Schedule of Investments (unaudited) (continued)

June 30, 2025

**iShares® MSCI USA Quality GARP ETF**

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

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; $529352146 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $529352146 |
| &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; 6767935 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6767935 |
|  | &nbsp;&nbsp; $536120081 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $536120081 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $55337 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $55337 |

---

&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 |
| REIT | Real Estate Investment Trust |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares MSCI USA Quality GARP ETF

- **b. EDGAR series identifier (if any):** S000066849

- **c. LEI of Series:** 549300VBDBUH4U9NVV64

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

- **a. Date of fiscal year-end:** 2026-03-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $535702703.95

**Total Liabilities:** $1614694.58

**Net Assets:** $534088009.37

**Cash Not Reported:** $109215.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215209 | 2.40%                | 8.82%                | 6.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-316.97                 | $9709844.25                                |
| Month 2  | $749701.54               | $30557881.88                               |
| Month 3  | $1907801.64              | $27684398.33                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Texas Pacific Land Corp          | Texas Pacific Land Corp                | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       962 | NS      | $1016247.18   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                      | Cencora Inc                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      7845 | NS      | $2352323.25   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc    | Live Nation Entertainment Inc          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      2663 | NS      | $402858.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                | Hyatt Hotels Corp                      | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      4178 | NS      | $583457.70    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc       | Cadence Design Systems Inc             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      5157 | NS      | $1589129.55   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd      | Royal Caribbean Cruises Ltd            | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |     25434 | NS      | $7964402.76   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc       | Advanced Micro Devices Inc             | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     61121 | NS      | $8673069.90   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc           | Marvell Technology Inc                 | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32584 | NS      | $2522001.60   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                        | Block Inc                              | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      7950 | NS      | $540043.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                     | Autodesk Inc                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      4020 | NS      | $1244471.40   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc       | Vertex Pharmaceuticals Inc             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      5480 | NS      | $2439696.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co              | General Electric Co                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     37883 | NS      | $9750705.37   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                  | Fair Isaac Corp                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       467 | NS      | $853657.32    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc             | Howmet Aerospace Inc                   | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     13662 | NS      | $2542908.06   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                    | AppLovin Corp                          | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      4371 | NS      | $1530199.68   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc         | Crowdstrike Holdings Inc               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      4656 | NS      | $2371347.36   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                     | Fortinet Inc                           | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     86086 | NS      | $9101011.92   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The               | Trade Desk Inc/The                     | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |      7448 | NS      | $536181.52    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc              | Gilead Sciences Inc                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     17710 | NS      | $1963507.70   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                | Expedia Group Inc                      | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12260 | NS      | $2068016.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp         | United Therapeutics Corp               | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      1813 | NS      | $520965.55    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc    | Hilton Worldwide Holdings Inc          | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      1710 | NS      | $455441.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                    | Dynatrace Inc                          | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     11271 | NS      | $622271.91    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                     | DoorDash Inc                           | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     17825 | NS      | $4394040.75   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp               | Expand Energy Corp                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     20835 | NS      | $2436444.90   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc              | Paycom Software Inc                    | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      5173 | NS      | $1197032.20   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                | Everest Group Ltd                      | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |       598 | NS      | $203230.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc     | Apollo Global Management Inc           | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |      5673 | NS      | $804828.51    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The          | Charles Schwab Corp/The                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     73437 | NS      | $6700391.88   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc           | IDEXX Laboratories Inc                 | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      5766 | NS      | $3092536.44   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                   | Merck & Co Inc                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    107257 | NS      | $8490464.12   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap Inc                         | Snap Inc                               | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |     17818 | NS      | $154838.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Chipotle Mexican Grill Inc       | Chipotle Mexican Grill Inc             | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67401 | NS      | $3784566.15   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                      | Netflix Inc                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      7048 | NS      | $9438188.24   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc             | Booking Holdings Inc                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       227 | NS      | $1314157.48   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc            | Dell Technologies Inc                  | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     12154 | NS      | $1490080.40   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                   | Atlassian Corp                         | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      3077 | NS      | $624907.93    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                     | Alphabet Inc                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     83251 | NS      | $14671323.73  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                   | Eli Lilly & Co                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     28627 | NS      | $22315605.31  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                  | First Solar Inc                        | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      3840 | NS      | $635673.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc            | Applied Materials Inc                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     91703 | NS      | $16788068.21  | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS             | BLACKROCK CASH FUNDS                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1501806 | NS      | $1501805.61   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                      | Nutanix Inc                            | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      4772 | NS      | $364771.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                         | KLA Corp                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     24995 | NS      | $22389021.30  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The             | Progressive Corp/The                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     24984 | NS      | $6667230.24   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                        | Toast Inc                              | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |      9958 | NS      | $441039.82    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc            | Uber Technologies Inc                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     80217 | NS      | $7484246.10   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                 | Markel Group Inc                       | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       180 | NS      | $359524.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                      | Phillips 66                            | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      8682 | NS      | $1035762.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                         | Okta Inc                               | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      6234 | NS      | $623212.98    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc           | Diamondback Energy Inc                 | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     13585 | NS      | $1866579.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                   | Microsoft Corp                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     55273 | NS      | $27493342.93  | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                    | Pinterest Inc                          | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19543 | NS      | $700811.98    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                     | Alphabet Inc                           | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     70617 | NS      | $12526749.63  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD    | Marriott International Inc/MD          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      1655 | NS      | $452162.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK GLOBAL                 | BLACKROCK GLOBAL                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1553548 | NS      | $1554169.29   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                   | Salesforce Inc                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     36152 | NS      | $9858288.88   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co          | Bristol-Myers Squibb Co                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     28903 | NS      | $1337919.87   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc     | Monolithic Power Systems Inc           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      5412 | NS      | $3958228.56   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                        | Hess Corp                              | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     10438 | NS      | $1446080.52   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                   | Amazon.com Inc                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     33931 | NS      | $7444122.09   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc            | Molina Healthcare Inc                  | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      2328 | NS      | $693511.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc             | Freeport-McMoRan Inc                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     10215 | NS      | $442820.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc             | Jacobs Solutions Inc                   | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8702 | NS      | $1143877.90   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                      | Workday Inc                            | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      8105 | NS      | $1945200.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                         | Visa Inc                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     61216 | NS      | $21734740.80  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp             | Targa Resources Corp                   | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      1551 | NS      | $269998.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc                       | DaVita Inc                             | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      1883 | NS      | $268233.35    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                  | Ulta Beauty Inc                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      4497 | NS      | $2103786.54   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                     | Docusign Inc                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |      7618 | NS      | $593366.02    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                   | GE Vernova Inc                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      3885 | NS      | $2055747.75   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc           | Palo Alto Networks Inc                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     12448 | NS      | $2547358.72   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Valero Energy Corp               | Valero Energy Corp                     | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      4463 | NS      | $599916.46    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For   | Liberty Media Corp-Liberty Formula One | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3492 | NS      | $364914.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC. | NASD100 MICRO EMIN                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        27 | NC      | $55336.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc         | Lennox International Inc               | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      3176 | NS      | $1820610.24   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc         | Ameriprise Financial Inc               | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      4082 | NS      | $2178685.86   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | Broadcom Inc                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     42009 | NS      | $11579780.85  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                       | Twilio Inc                             | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      5479 | NS      | $681368.44    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                  | EMCOR Group Inc                        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      4531 | NS      | $2423586.59   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                        | Adobe Inc                              | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     48112 | NS      | $18613570.56  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                     | Synopsys Inc                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      2900 | NS      | $1486772.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                      | Vistra Corp                            | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      2423 | NS      | $469601.63    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                       | Fiserv Inc                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      7939 | NS      | $1368762.99   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                      | GoDaddy Inc                            | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      5318 | NS      | $957559.08    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                        | Jabil Inc                              | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      4043 | NS      | $881778.30    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC        | Flutter Entertainment PLC              | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | US        |     12556 | NS      | $3588002.56   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                   | DraftKings Inc                         | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     22367 | NS      | $959320.63    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                      | Samsara Inc                            | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5352 | NS      | $212902.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                        | Tesla Inc                              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     55922 | NS      | $17764182.52  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp          | SBA Communications Corp                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      1541 | NS      | $361888.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms Inc                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     18036 | NS      | $13312191.24  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc               | Coterra Energy Inc                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     54287 | NS      | $1377804.06   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                       | Carvana Co                             | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |       862 | NS      | $290459.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                       | Airbnb Inc                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     30952 | NS      | $4096187.68   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc          | Lululemon Athletica Inc                | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |     10921 | NS      | $2594611.18   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                         | EQT Corp                               | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     24198 | NS      | $1411227.36   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                      | Incyte Corp                            | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      2333 | NS      | $158877.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                       | Corpay Inc                             | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      2843 | NS      | $943364.26    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                   | Mastercard Inc                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     17355 | NS      | $9752468.70   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                     | KKR & Co Inc                           | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |      8836 | NS      | $1175453.08   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc         | Super Micro Computer Inc               | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     18976 | NS      | $930013.76    | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Burlington Stores Inc            | Burlington Stores Inc                  | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      2245 | NS      | $522276.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                    | Amphenol Corp                          | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     45602 | NS      | $4503197.50   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc              | Delta Air Lines Inc                    | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     11606 | NS      | $570783.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                | Lam Research Corp                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    144934 | NS      | $14107875.56  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc        | Palantir Technologies Inc              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     40305 | NS      | $5494377.60   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp             | Ares Management Corp                   | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |      2889 | NS      | $500374.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc              | TransDigm Group Inc                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       393 | NS      | $597611.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                 | MercadoLibre Inc                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      3235 | NS      | $8455093.05   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc              | Axon Enterprise Inc                    | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       519 | NS      | $429700.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                    | Carnival Corp                          | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |     14912 | NS      | $419325.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc       | LPL Financial Holdings Inc             | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      3404 | NS      | $1276397.88   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The      | Goldman Sachs Group Inc/The            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4417 | NS      | $3126131.75   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                    | Welltower Inc                          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      4606 | NS      | $708080.38    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                      | HubSpot Inc                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       927 | NS      | $515996.01    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I   | American International Group Inc       | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |      8297 | NS      | $710140.23    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co               | Vertiv Holdings Co                     | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     15416 | NS      | $1979568.56   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                 | CoStar Group Inc                       | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     20963 | NS      | $1685425.20   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                     | Insulet Corp                           | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       571 | NS      | $179396.78    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                      | NVIDIA Corp                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    188477 | NS      | $29777481.23  | 5.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                    | Boeing Co/The                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      5341 | NS      | $1119099.73   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                        | Apple Inc                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    122441 | NS      | $25121219.97  | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                       | Dexcom Inc                             | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     16704 | NS      | $1458092.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                      | Datadog Inc                            | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |      5414 | NS      | $727262.62    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                   | ServiceNow Inc                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3894 | NS      | $4003343.52   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                        | Aptiv PLC                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     22821 | NS      | $1556848.62   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp             | Deckers Outdoor Corp                   | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     15089 | NS      | $1555223.23   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc      | Alnylam Pharmaceuticals Inc            | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       920 | NS      | $300002.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                       | HEICO Corp                             | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1567 | NS      | $513976.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc       | Neurocrine Biosciences Inc             | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      4221 | NS      | $530537.49    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp             | Las Vegas Sands Corp                   | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     25103 | NS      | $1092231.53   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc    | Universal Health Services Inc          | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      2471 | NS      | $447621.65    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc     | United Airlines Holdings Inc           | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      3487 | NS      | $277669.81    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                    | McKesson Corp                          | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1779 | NS      | $1303615.62   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd           | Arch Capital Group Ltd                 | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     16005 | NS      | $1457255.25   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                       | Reddit Inc                             | CUSIP: 75734B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1132 | NS      | $170445.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Arista Networks Inc              | Arista Networks Inc                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    121006 | NS      | $12380123.86  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer