# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0002071691-26-012479
**Filing Date:** 2026-5
**Character Count:** 16505
**Document Hash:** 20e670d387d8c2c5eee757eca42ec209
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012479.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002071691-26-012479

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**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:** 261029721

**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 Capital Appreciation V.I. Fund (Series ID: S000002885)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007932 | Class I      |  |
| C000007934 | Class III    |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

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

- **b. EDGAR series identifier (if any):** S000002885

- **c. LEI of Series:** VR7RG2TI3BE7WOQX6W11

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $74460233.24

**Total Liabilities:** $314581.57

**Net Assets:** $74145651.67

**Cash Not Reported:** $203065.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007934 | 0.29%                | -4.34%               | -5.14%               |
| Class ID C000007932 | 0.26%                | -4.29%               | -5.16%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1628322.05              | $-1363185.78                               |
| Month 2  | $1071054.10              | $-4533360.44                               |
| Month 3  | $-20304.26               | $-3955369.15                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Eaton Corp. plc                | Eaton Corp. plc                                        | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |      4225 | NS      | $1511155.75   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.             | Lam Research Corp.                                     | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      5501 | NS      | $1175343.66   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                 | Alphabet, Inc., Class A                                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     12839 | NS      | $3691982.84   | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                  | Walmart, Inc.                                          | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      6773 | NS      | $841748.44    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets, Inc.        | Robinhood Markets, Inc., Class A                       | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |     15896 | NS      | $1101592.80   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                   | NVIDIA Corp.                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     60408 | NS      | $10535155.20  | 14.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.               | Amazon.com, Inc.                                       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     28247 | NS      | $5883002.69   | 7.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                | Eli Lilly & Co.                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1659 | NS      | $1525898.43   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace, Inc.         | Howmet Aerospace, Inc.                                 | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      9657 | NS      | $2225552.22   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp.                    | Intel Corp.                                            | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     33977 | NS      | $1499405.01   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.        | Boston Scientific Corp.                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     13049 | NS      | $818824.75    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake, Inc.                | Snowflake, Inc., Class A                               | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      9256 | NS      | $1395989.92   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                    | Apple, Inc.                                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     17496 | NS      | $4440309.84   | 5.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                    | Tesla, Inc.                                            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      1964 | NS      | $730117.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.          | Arista Networks, Inc.                                  | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     13042 | NS      | $1601296.76   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group, Inc.          | TransDigm Group, Inc.                                  | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       776 | NS      | $899352.96    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan, Inc.         | Freeport-McMoRan, Inc.                                 | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     27926 | NS      | $1641490.28   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup, Inc.                | Citigroup, Inc.                                        | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      3458 | NS      | $392171.78    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ByteDance Ltd., Series E-1     | ByteDance Ltd., Series E-1                             | CUSIP: N/A<br>LEI: 54930057HU24VGK3CO92       | Long             | EP               | CORP              | GB        |      9690 | NS      | $2800700.70   | 3.78%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BlackRock Liquidity Funds      | BlackRock Liquidity Funds, T-Fund, Institutional Class | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    385071 | NS      | $385071.03    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                 | Broadcom, Inc.                                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     11299 | NS      | $3497153.49   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                 | McKesson Corp.                                         | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1919 | NS      | $1660625.84   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                  | Datadog, Inc., Class A                                 | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     15373 | NS      | $1814782.65   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.           | Meta Platforms, Inc., Class A                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      5034 | NS      | $2880102.42   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.    | Capital One Financial Corp.                            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      6885 | NS      | $1256030.55   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.          | Quanta Services, Inc.                                  | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      3430 | NS      | $1883138.60   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.        | Applied Materials, Inc.                                | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3800 | NS      | $1298802.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp.                      | EQT Corp.                                              | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     11905 | NS      | $757634.20    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.              | Caterpillar, Inc.                                      | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2752 | NS      | $1949681.92   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.    | L3Harris Technologies, Inc.                            | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      4014 | NS      | $1385432.10   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                 | AppLovin Corp., Class A                                | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      3275 | NS      | $1303450.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                | Microsoft Corp.                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     12059 | NS      | $4463880.03   | 6.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                  | Shopify, Inc., Class A                                 | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     10813 | NS      | $1282638.06   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc. | Thermo Fisher Scientific, Inc.                         | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       992 | NS      | $487597.76    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                           | EURO                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |         0 | OU      | $0.01         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.       | Palo Alto Networks, Inc.                               | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      8798 | NS      | $1410495.36   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                  | Equinix, Inc.                                          | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1848 | NS      | $1811483.52   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer