# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0000940400-26-014714
**Filing Date:** 2026-4
**Character Count:** 36342
**Document Hash:** a36d9e8ac5672afc07905e9a1695966f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-014714.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000940400-26-014714

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS
- **CENTRAL INDEX KEY:** 0000844779

**ORGANIZATION NAME:**
- **EIN:** 510318674
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05742
- **FILM NUMBER:** 26893036

**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:** COMPASS CAPITAL FUNDS\
- **DATE OF NAME CHANGE:** 19961114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PNC FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCP FUNDS
- **DATE OF NAME CHANGE:** 19890511

## Series and Classes Contracts Data

### BLACKROCK MID CAP GROWTH EQUITY PORTFOLIO (Series ID: S000001505)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000004036 | INSTITUTIONAL  | CMGIX           |
| C000004037 | SERVICE        | CMGSX           |
| C000004038 | INVESTOR A     | BMGAX           |
| C000004040 | INVESTOR C     | BMGCX           |
| C000037625 | Class R Shares | BMRRX           |
| C000166016 | Class K        |  |

## Nport-Ex

Schedule of Investments (unaudited)

February 28, 2026

**BlackRock Mid-Cap Growth Equity Portfolio**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 15.9%** | **Aerospace & Defense — 15.9%** | **Aerospace & Defense — 15.9%** |
| AeroVironment, Inc.<sup>(a)(b)</sup> | 118842 | $29977894 |
| ATI, Inc.<sup>(a)</sup> | 266044 | 43522138 |
| Axon Enterprise, Inc.<sup>(a)(b)</sup> | 319331 | 173205135 |
| BWX Technologies, Inc. | 571530 | 117723749 |
| HEICO Corp.<sup>(b)</sup> | 653487 | 208762957 |
| Howmet Aerospace, Inc. | 1128543 | 296276394 |
| Karman Holdings, Inc.<sup>(a)(b)</sup> | 423501 | 37314673 |
| Kratos Defense & Security Solutions, Inc.<sup>(a)</sup> | 381605 | 32886719 |
|  |  | 939669659 |
| **Biotechnology — 2.3%** | **Biotechnology — 2.3%** | **Biotechnology — 2.3%** |
| Natera, Inc.<sup>(a)</sup> | 648166 | 134844455 |
| **Capital Markets — 2.6%** | **Capital Markets — 2.6%** | **Capital Markets — 2.6%** |
| Bullish<sup>(a)(b)</sup> | 665730 | 20897265 |
| Galaxy Digital, Inc., Class A<sup>(a)(b)</sup> | 1083574 | 22310789 |
| Robinhood Markets, Inc., Class A<sup>(a)</sup> | 1459858 | 110730229 |
|  |  | 153938283 |
| **Communications Equipment — 3.3%** | **Communications Equipment — 3.3%** | **Communications Equipment — 3.3%** |
| Lumentum Holdings, Inc.<sup>(a)(b)</sup> | 280241 | 196423719 |
| **Construction & Engineering — 3.9%** | **Construction & Engineering — 3.9%** | **Construction & Engineering — 3.9%** |
| Comfort Systems U.S.A., Inc. | 59046 | 84398581 |
| Quanta Services, Inc.<sup>(b)</sup> | 264623 | 149003919 |
|  |  | 233402500 |
| **Consumer Staples Distribution & Retail — 1.2%** | **Consumer Staples Distribution & Retail — 1.2%** | **Consumer Staples Distribution & Retail — 1.2%** |
| Casey's General Stores, Inc. | 101691 | 69718333 |
| **Electrical Equipment — 3.7%** | **Electrical Equipment — 3.7%** | **Electrical Equipment — 3.7%** |
| Forgent Power Solutions, Inc.<sup>(a)(b)</sup> | 670951 | 23074005 |
| Vertiv Holdings Co., Class A | 757760 | 193145446 |
|  |  | 216219451 |
| **Electronic Equipment, Instruments & Components — 3.9%** | **Electronic Equipment, Instruments & Components — 3.9%** | **Electronic Equipment, Instruments & Components — 3.9%** |
| Corning, Inc. | 1073913 | 161495037 |
| Fabrinet<sup>(a)(b)</sup> | 122354 | 66760013 |
|  |  | 228255050 |
| **Entertainment — 5.7%** | **Entertainment — 5.7%** | **Entertainment — 5.7%** |
| ROBLOX Corp., Class A<sup>(a)</sup> | 1291657 | 88685170 |
| Take-Two Interactive Software, Inc.<sup>(a)</sup> | 727850 | 153925718 |
| TKO Group Holdings, Inc., Class A | 411128 | 92039225 |
|  |  | 334650113 |
| **Financial Services — 2.7%** | **Financial Services — 2.7%** | **Financial Services — 2.7%** |
| Affirm Holdings, Inc., Class A<sup>(a)</sup> | 2549993 | 119798671 |
| Rocket Cos., Inc., Class A | 2277001 | 41418648 |
|  |  | 161217319 |
| **Health Care Equipment & Supplies — 7.8%** | **Health Care Equipment & Supplies — 7.8%** | **Health Care Equipment & Supplies — 7.8%** |
| Dexcom, Inc.<sup>(a)</sup> | 2892286 | 212380561 |
| IDEXX Laboratories, Inc.<sup>(a)(b)</sup> | 308714 | 202741745 |
| Medline, Inc., Class A<sup>(a)</sup> | 1008013 | 47890698 |
|  |  | 463013004 |
| **Health Care Providers & Services — 5.3%** | **Health Care Providers & Services — 5.3%** | **Health Care Providers & Services — 5.3%** |
| Cencora, Inc. | 841009 | 312973089 |
| **Hotels, Restaurants & Leisure — 15.1%** | **Hotels, Restaurants & Leisure — 15.1%** | **Hotels, Restaurants & Leisure — 15.1%** |
| Dutch Bros, Inc., Class A<sup>(a)</sup> | 1472592 | 78945657 |
| Hilton Worldwide Holdings, Inc. | 453127 | 141275936 |
| Norwegian Cruise Line Holdings Ltd.<sup>(a)</sup> | 2759599 | 68410459 |
| Planet Fitness, Inc., Class A<sup>(a)</sup> | 1418324 | 116515317 |
| Royal Caribbean Cruises Ltd. | 783435 | 243616948 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** |
| Viking Holdings Ltd.<sup>(a)</sup> | 866709 | $67620636 |
| Wingstop, Inc. | 396070 | 102784126 |
| Wynn Resorts Ltd. | 656870 | 71066765 |
|  |  | 890235844 |
| **IT Services — 5.0%** | **IT Services — 5.0%** | **IT Services — 5.0%** |
| MongoDB, Inc., Class A<sup>(a)</sup> | 345702 | 113552736 |
| Snowflake, Inc., Class A<sup>(a)(b)</sup> | 1064047 | 179196155 |
|  |  | 292748891 |
| **Life Sciences Tools & Services — 1.5%** | **Life Sciences Tools & Services — 1.5%** | **Life Sciences Tools & Services — 1.5%** |
| Repligen Corp.<sup>(a)(b)</sup> | 710699 | 91488282 |
| **Oil, Gas & Consumable Fuels — 4.4%** | **Oil, Gas & Consumable Fuels — 4.4%** | **Oil, Gas & Consumable Fuels — 4.4%** |
| EQT Corp. | 2086456 | 128150128 |
| Texas Pacific Land Corp. | 247059 | 129530563 |
|  |  | 257680691 |
| **Professional Services — 0.8%** | **Professional Services — 0.8%** | **Professional Services — 0.8%** |
| Planet Labs PBC, Class A<sup>(a)</sup> | 2013436 | 48604345 |
| **Semiconductors & Semiconductor Equipment — 7.3%** | **Semiconductors & Semiconductor Equipment — 7.3%** | **Semiconductors & Semiconductor Equipment — 7.3%** |
| Monolithic Power Systems, Inc. | 150999 | 172552597 |
| Teradyne, Inc. | 419472 | 134243624 |
| Tower Semiconductor Ltd.<sup>(a)</sup> | 1007299 | 125781426 |
|  |  | 432577647 |
| **Software — 2.5%** | **Software — 2.5%** | **Software — 2.5%** |
| Datadog, Inc., Class A<sup>(a)(b)</sup> | 759620 | 85047055 |
| Zscaler, Inc.<sup>(a)(b)</sup> | 415424 | 61063174 |
|  |  | 146110229 |
| **Specialty Retail — 3.2%** | **Specialty Retail — 3.2%** | **Specialty Retail — 3.2%** |
| Carvana Co., Class A<sup>(a)(b)</sup> | 451603 | 150907659 |
| Wayfair, Inc., Class A<sup>(a)</sup> | 536789 | 40973104 |
|  |  | 191880763 |
| **Textiles, Apparel & Luxury Goods — 1.0%** | **Textiles, Apparel & Luxury Goods — 1.0%** | **Textiles, Apparel & Luxury Goods — 1.0%** |
| Ralph Lauren Corp., Class A | 156579 | 56775545 |
| **Trading Companies & Distributors — 0.5%** | **Trading Companies & Distributors — 0.5%** | **Trading Companies & Distributors — 0.5%** |
| WESCO International, Inc. | 111325 | 32228587 |
| **Total Long-Term Investments — 99.6%** <br>**(Cost: $4,610,520,703)** | **Total Long-Term Investments — 99.6%** <br>**(Cost: $4,610,520,703)** | 5884655799 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 3.6%** | **Money Market Funds — 3.6%** | **Money Market Funds — 3.6%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 3.84%<sup>(c)(d)(e)</sup><br>| 175731503 | 175819369 |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional <br> Shares, 3.56%<sup>(c)(d)</sup><br>| 33707836 | 33707836 |
| **Total Short-Term Securities — 3.6%** <br>**(Cost: $209,521,510)** | **Total Short-Term Securities — 3.6%** <br>**(Cost: $209,521,510)** | 209527205 |
| **Total Investments — 103.2%** <br>**(Cost: $4,820,042,213)** | **Total Investments — 103.2%** <br>**(Cost: $4,820,042,213)** | 6094183004 |
| **Liabilities in Excess of Other Assets — (3.2)%** | **Liabilities in Excess of Other Assets — (3.2)%** | (186582329)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $5907600675 |

---

&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)

February 28, 2026

**BlackRock Mid-Cap Growth Equity Portfolio**

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended February 28, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*05/31/25*<br>| *Purchases* <br>*at Cost*<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>*02/28/26*<br>| *Shares* <br>*Held at* <br>*02/28/26*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash <br> Funds: Institutional, SL <br> Agency Shares<br>| &nbsp;&nbsp; $351344459<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(175538096 )<sup>(a)</sup><br>| &nbsp;&nbsp; $35610 | &nbsp;&nbsp; $(22604)<br>| &nbsp;&nbsp; $175819369 | &nbsp;&nbsp; 175731503 | &nbsp;&nbsp; $407461 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, <br> T-Fund, Institutional <br> Shares<br>| &nbsp;&nbsp; 186976<br>| &nbsp;&nbsp; 33520860 <br><sup>(a)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 33707836 | &nbsp;&nbsp; 33707836 | &nbsp;&nbsp; 550188 | &nbsp;&nbsp; — |
|  |  |  |  | &nbsp;&nbsp; $35610 | &nbsp;&nbsp; $(22604)<br>| &nbsp;&nbsp; $209527205 |  | &nbsp;&nbsp; $957649 | &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. 

For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Fund for compliance purposes.

**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.

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; $5884655799 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $5884655799 |
| &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; 209527205 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 209527205 |
|  | &nbsp;&nbsp; $6094183004 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $6094183004 |

---

------

## 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 Funds

- **b. Investment Company Act file number:** 811-05742

- **c. CIK number of Registrant:** 0000844779

- **d. LEI of Registrant:** 549300OZUEVJZHOBFP42

- **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 Mid-Cap Growth Equity Portfolio

- **b. EDGAR series identifier (if any):** S000001505

- **c. LEI of Series:** 549300VLQD7ENY3MA898

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-27

**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:** $6098514699.01

**Total Liabilities:** $182967373.36

**Net Assets:** $5915547325.65

**Cash Not Reported:** $31808786.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004036 | -1.51%               | 0.39%                | 3.29%                |
| Class ID C000004037 | -1.52%               | 0.35%                | 3.26%                |
| Class ID C000004038 | -1.50%               | 0.38%                | 3.26%                |
| Class ID C000004040 | -1.60%               | 0.31%                | 3.22%                |
| Class ID C000037625 | -1.52%               | 0.32%                | 3.25%                |
| Class ID C000166016 | -1.49%               | 0.39%                | 3.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $609899474.59            | $-700497520.32                             |
| Month 2  | $56617250.18             | $-19567886.48                              |
| Month 3  | $142906362.60            | $52536811.96                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Rocket Companies Inc                      | Rocket Companies Inc COM CL A                     | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2277001 | NS      | $41418648.19  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc.                   | TKO Group Holdings Inc. CL A                      | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    411128 | NS      | $92039225.36  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                              | Wingstop Inc COM                                  | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    396070 | NS      | $102784125.70 | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.                    | Lumentum Holdings Inc. COM                        | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |    280241 | NS      | $196423719.31 | 3.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Cencora Inc                               | Cencora Inc COM                                   | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    841009 | NS      | $312973089.26 | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                        | Vertiv Holdings Co COM CL A                       | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    757760 | NS      | $193145446.40 | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd.                      | Viking Holdings Ltd. ORD SHS                      | CUSIP: 000000000<br>LEI: 52990032GOPN7BVQMN13 | Long             | EC               | CORP              | BM        |    866709 | NS      | $67620636.18  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc             | Hilton Worldwide Holdings Inc COM                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    453127 | NS      | $141275936.06 | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc.                      | Karman Holdings Inc. COMMON STOCK                 | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    423501 | NS      | $37314673.11  | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Wayfair Inc                               | Wayfair Inc CL A                                  | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |    536789 | NS      | $40973104.37  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                  | Comfort Systems USA Inc. COM                      | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     59046 | NS      | $84398581.02  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Group                     | Royal Caribbean Group COM USD0.01                 | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |    783435 | NS      | $243616947.60 | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc.        | Take-Two Interactive Software Inc. COM            | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |    727850 | NS      | $153925718.00 | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                               | Zscaler Inc COM                                   | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |    415424 | NS      | $61063173.76  | 1.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Quanta Services, Inc.                     | Quanta Services, Inc. COM                         | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |    264623 | NS      | $149003918.84 | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corporation            | Texas Pacific Land Corporation COM                | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    247059 | NS      | $129530563.11 | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom Inc                                | DexCom Inc COM                                    | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |   2892286 | NS      | $212380560.98 | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc.                   | IDEXX Laboratories Inc. COM                       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |    308714 | NS      | $202741745.22 | 3.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackrock Funds III                       | Blackrock Funds III INSTL MMKT                    | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        | 171174703 | PA      | $171260290.20 | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Roblox Corporation                        | Roblox Corporation CL A                           | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |   1291657 | NS      | $88685169.62  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                     | Robinhood Markets Inc COM CL A                    | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |   1459858 | NS      | $110730229.30 | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                  | Fabrinet COM USD0.01                              | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |    122354 | NS      | $66760013.02  | 1.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Tower Semiconductor Limited               | Tower Semiconductor Limited ORD ILS1              | CUSIP: 000000000<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |   1007299 | NS      | $125781426.13 | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Limited                      | Wynn Resorts Limited COM                          | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |    656870 | NS      | $71066765.30  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Inc.                       | Galaxy Digital Inc. CL A                          | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |   1083574 | NS      | $22310788.66  | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Corning Incorporated                      | Corning Incorporated COM                          | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |   1073913 | NS      | $161495036.94 | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                | Carvana Co CL A                                   | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    451603 | NS      | $150907658.48 | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc. | Kratos Defense & Security Solutions, Inc. COM NEW | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    381605 | NS      | $32886718.90  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                       | Axon Enterprise Inc COM                           | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |    319331 | NS      | $173205134.40 | 2.93%             |  |  |  | No            |                  1 | On Loan: —       |
| BWX Technologies Inc.                     | BWX Technologies Inc. COM                         | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    571530 | NS      | $117723749.40 | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Forgent Power Solutions Inc.              | Forgent Power Solutions Inc. COM SHS CL A         | CUSIP: 34631F102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    670951 | NS      | $23074004.89  | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Dutch Bros Inc                            | Dutch Bros Inc CL A                               | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1472592 | NS      | $78945657.12  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                   | ATI Inc COM                                       | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |    266044 | NS      | $43522137.96  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                             | Teradyne Inc. COM                                 | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    419472 | NS      | $134243624.16 | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                 | Wesco International, Inc. COM                     | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |    111325 | NS      | $32228587.50  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                 | BlackRock Liquidity Funds T FUND INSTL SHS        | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   1899721 | PA      | $1899720.79   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corporation                      | Repligen Corporation COM                          | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    710699 | NS      | $91488282.27  | 1.55%             |  |  |  | No            |                  1 | On Loan: —       |
| AeroVironment, Inc.                       | AeroVironment, Inc. COM                           | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |    118842 | NS      | $29977894.50  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Heico Corp                                | Heico Corp COM                                    | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |    653487 | NS      | $208762957.02 | 3.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Casey'S General Stores Inc.               | Casey'S General Stores Inc. COM                   | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |    101691 | NS      | $69718332.69  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                      | Howmet Aerospace Inc COM                          | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |   1128543 | NS      | $296276393.79 | 5.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Bullish                                   | Bullish ORD SHS                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    665730 | NS      | $20897264.70  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| EQT Corporation                           | EQT Corporation COM                               | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |   2086456 | NS      | $128150127.52 | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs Pbc                           | Planet Labs Pbc COM CL A                          | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |   2013436 | NS      | $48604345.04  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc                       | Affirm Holdings Inc COM CL A                      | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2549993 | NS      | $119798671.14 | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                             | Snowflake Inc COM SHS                             | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |   1064047 | NS      | $179196155.27 | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                        | Ralph Lauren Corp. CL A                           | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |    156579 | NS      | $56775545.40  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.             | Monolithic Power Systems Inc. COM                 | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |    150999 | NS      | $172552597.26 | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Medline Inc.                              | Medline Inc. COM CL A                             | CUSIP: 58507V107<br>LEI: 984500FAN6J1P8566D43 | Long             | EC               | CORP              | US        |   1008013 | NS      | $47890697.63  | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Datadog Inc                               | Datadog Inc CL A COM                              | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |    759620 | NS      | $85047055.20  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc.                              | MongoDB Inc. CL A                                 | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |    345702 | NS      | $113552735.94 | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc.                       | Planet Fitness Inc. CL A                          | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |   1418324 | NS      | $116515316.60 | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd        | Norwegian Cruise Line Holdings Ltd COM USD0.001   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |   2759599 | NS      | $68410459.21  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc.                               | Natera Inc. COM                                   | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |    648166 | NS      | $134844454.64 | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-24

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer