# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0001752724-25-210411
**Filing Date:** 2025-8
**Character Count:** 18277
**Document Hash:** bf471d5852ef7c8c151145df17a12239
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210411.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210411

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03290
- **FILM NUMBER:** 251268906

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

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

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

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

## Series and Classes Contracts Data

### BlackRock International V.I. Fund (Series ID: S000002881)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007920 | Class I      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Variable Series Funds, Inc.

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

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

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

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

- **a. Name of Series:** BlackRock International V.I. Fund

- **b. EDGAR series identifier (if any):** S000002881

- **c. LEI of Series:** 549300P90Z65O6PJRH39

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $75775069.13

**Total Liabilities:** $1384014.19

**Net Assets:** $74391054.94

**Cash Not Reported:** $85915.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007920 | 1.18%                | 4.28%                | 1.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-600504.13              | $1125739.51                                |
| Month 2  | $5448480.11              | $-2468007.77                               |
| Month 3  | $287276.56               | $463239.12                                 |

**Designated Index Information**

- **Index Name:** MSCI EAFE Index

- **Index Identifier:** GDDUEAFE

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Toronto-Dominion Bank (The)                 | Toronto-Dominion Bank (The)                            | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     27136 | NS      | $1995918.31   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp.                            | Sony Group Corp.                                       | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     87100 | NS      | $2264628.42   | 3.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlas Copco AB                              | Atlas Copco AB, Class A                                | CUSIP: N/A<br>LEI: 213800T8PC8Q4FYJZR07       | Long             | EC               | CORP              | SE        |    103612 | NS      | $1674992.54   | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                   | Shell plc                                              | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     88244 | NS      | $3099084.94   | 4.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                   | Sanofi SA                                              | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |     16663 | NS      | $1613206.91   | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                | British American Tobacco plc                           | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     25298 | NS      | $1202828.02   | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| adidas AG                                   | adidas AG                                              | CUSIP: N/A<br>LEI: 549300JSX0Z4CW0V5023       | Long             | EC               | CORP              | DE        |      6670 | NS      | $1556977.58   | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Funds III                         | BlackRock Cash Funds: Institutional, SL Agency Shares  | CUSIP: 066922519<br>LEI: 549300JDHS1T46VWOG19 | Long             | STIV             | RF                | US        |   1241863 | NS      | $1242360.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                            | Mastercard, Inc., Class A                              | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      2577 | NS      | $1448119.38   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd.            | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |    110000 | NS      | $4022628.95   | 5.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA               | Industria de Diseno Textil SA                          | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |     29259 | NS      | $1526347.01   | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie de Saint-Gobain SA                      | Cie de Saint-Gobain SA                                 | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |      9972 | NS      | $1171463.15   | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                | UBS Group AG (Registered)                              | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     45811 | NS      | $1555364.53   | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Waste Connections, Inc.                     | Waste Connections, Inc.                                | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      9303 | NS      | $1737835.24   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV                          | Koninklijke KPN NV                                     | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |    480523 | NS      | $2344082.77   | 3.15%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                              | HDFC Bank Ltd.                                         | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |     58871 | NS      | $1374370.72   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                            | Novo Nordisk A/S, Class B                              | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     27885 | NS      | $1932264.58   | 2.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                              | Air Liquide SA                                         | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |     12767 | NS      | $2632569.86   | 3.54%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM International NV                        | ASM International NV                                   | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |      3253 | NS      | $2086726.74   | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX plc                                    | RELX plc                                               | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |     44173 | NS      | $2387051.16   | 3.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Otis Worldwide Corp.                        | Otis Worldwide Corp.                                   | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     15702 | NS      | $1554812.04   | 2.09%             |  |  |  | No            |                  1 | On Loan: —       |
| SMC Corp.                                   | SMC Corp.                                              | CUSIP: N/A<br>LEI: 353800O40V08DOZ70X62       | Long             | EC               | CORP              | JP        |      6200 | NS      | $2221847.04   | 2.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                       | Tencent Holdings Ltd.                                  | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |     34000 | NS      | $2190810.87   | 2.94%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                              | MediaTek, Inc.                                         | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |     25000 | NS      | $1071216.56   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                      | SAP SE                                                 | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      7741 | NS      | $2367038.83   | 3.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon plc                                  | Haleon plc                                             | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |    286187 | NS      | $1470895.79   | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                               | Assa Abloy AB, Class B                                 | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |     47644 | NS      | $1489525.12   | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA          | Banco Bilbao Vizcaya Argentaria SA                     | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |    151389 | NS      | $2331128.51   | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                   | Zurich Insurance Group AG                              | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      2203 | NS      | $1541490.18   | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                   | BlackRock Liquidity Funds, T-Fund, Institutional Class | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    189692 | NS      | $189692.07    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                             | AstraZeneca plc                                        | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     15962 | NS      | $2221418.26   | 2.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                               | Beiersdorf AG                                          | CUSIP: N/A<br>LEI: L47NHHI0Z9X22DV46U41       | Long             | EC               | CORP              | DE        |     16980 | NS      | $2134351.45   | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Ltd.                         | Teck Resources Ltd., Class B                           | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     48511 | NS      | $1961814.41   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                   | Nestle SA (Registered)                                 | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     21411 | NS      | $2128818.07   | 2.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd.                              | Axis Bank Ltd.                                         | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |     94086 | NS      | $1315892.45   | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                         | Deutsche Telekom AG (Registered)                       | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |     60654 | NS      | $2220154.79   | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp.                               | Keyence Corp.                                          | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |      4400 | NS      | $1759244.49   | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| GE Aerospace                                | GE Aerospace                                           | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      6155 | NS      | $1584235.45   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA                 | FinecoBank Banca Fineco SpA                            | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |    106143 | NS      | $2354627.72   | 3.17%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd.                   | United Overseas Bank Ltd.                              | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |     48600 | NS      | $1375560.57   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey plc                           | Taylor Wimpey plc                                      | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |    731165 | NS      | $1192320.62   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer