# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-177833
**Filing Date:** 2025-7
**Character Count:** 31312
**Document Hash:** a8a7e8c734914afb5f10aa6208780e7c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177833.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177833

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**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:** 251149407

**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 Kuwait ETF (Series ID: S000068137)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000218229 | iShares MSCI Kuwait ETF | KWT             |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI Kuwait ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Air Freight & Logistics — 1.9%** | **Air Freight & Logistics — 1.9%** | **Air Freight & Logistics — 1.9%** |
| Agility Public Warehousing Co. KSC | &nbsp;&nbsp;&nbsp; 2087487 | $1697963 |
| **Banks — 58.6%** | **Banks — 58.6%** | **Banks — 58.6%** |
| Al Ahli Bank of Kuwait KSCP | &nbsp;&nbsp;&nbsp; 1733777 | 1693971 |
| Boubyan Bank KSCP | &nbsp;&nbsp;&nbsp; 50277 | 110106 |
| Burgan Bank SAK | &nbsp;&nbsp;&nbsp; 1919521 | 1581745 |
| Gulf Bank KSCP | &nbsp;&nbsp;&nbsp; 2752068 | 2998135 |
| Kuwait Finance House KSCP | &nbsp;&nbsp;&nbsp; 8073918 | 19720147 |
| Kuwait International Bank KSCP | &nbsp;&nbsp;&nbsp; 1860347 | 1448179 |
| Kuwait Projects Co. Holding KSCP<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3991046 | 1175125 |
| National Bank of Kuwait SAKP | &nbsp;&nbsp;&nbsp; 6291399 | 19592157 |
| Warba Bank KSCP<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3790662 | 3049664 |
|  |  | 51369229 |
| **Capital Markets — 3.1%** | **Capital Markets — 3.1%** | **Capital Markets — 3.1%** |
| Boursa Kuwait Securities Co. KPSC | &nbsp;&nbsp;&nbsp; 175453 | 1826289 |
| Noor Financial Investment Co. KSC | &nbsp;&nbsp;&nbsp; 799740 | 851162 |
|  |  | 2677451 |
| **Chemicals — 1.6%** | **Chemicals — 1.6%** | **Chemicals — 1.6%** |
| Boubyan Petrochemicals Co. KSCP | &nbsp;&nbsp;&nbsp; 611198 | 1366434 |
| **Construction & Engineering — 0.8%** | **Construction & Engineering — 0.8%** | **Construction & Engineering — 0.8%** |
| Combined Group Contracting Co. SAK | &nbsp;&nbsp;&nbsp; 317757 | 716713 |
| **Consumer Finance — 1.2%** | **Consumer Finance — 1.2%** | **Consumer Finance — 1.2%** |
| Arzan Financial Group for Financing & Investment KPSC | &nbsp;&nbsp;&nbsp; 1204832 | 1094153 |
| **Diversified Consumer Services — 1.7%** | **Diversified Consumer Services — 1.7%** | **Diversified Consumer Services — 1.7%** |
| Humansoft Holding Co. KSC | &nbsp;&nbsp;&nbsp; 172641 | 1461851 |
| **Electrical Equipment — 1.8%** | **Electrical Equipment — 1.8%** | **Electrical Equipment — 1.8%** |
| Gulf Cable & Electrical Industries Co. KSCP | &nbsp;&nbsp;&nbsp; 216675 | 1586298 |
| **Energy Equipment & Services — 0.8%** | **Energy Equipment & Services — 0.8%** | **Energy Equipment & Services — 0.8%** |
| Heavy Engineering & Ship Building Co. KSCP | &nbsp;&nbsp;&nbsp; 242107 | 708112 |
| **Financial Services — 2.7%** | **Financial Services — 2.7%** | **Financial Services — 2.7%** |
| A'ayan Leasing & Investment Co. KSCP | &nbsp;&nbsp;&nbsp; 1717386 | 984655 |
| Alimtiaz Investment Group KSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3381195 | 330572 |
| National Investments Co. KSCP | &nbsp;&nbsp;&nbsp; 1221974 | 1093831 |
|  |  | 2409058 |
| **Food Products — 1.4%** | **Food Products — 1.4%** | **Food Products — 1.4%** |
| Mezzan Holding Co. KSCC | &nbsp;&nbsp;&nbsp; 324715 | 1183104 |
| **Hotels, Restaurants & Leisure — 0.5%** | **Hotels, Restaurants & Leisure — 0.5%** | **Hotels, Restaurants & Leisure — 0.5%** |
| IFA Hotels & Resorts-KPSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 106048 | 401582 |
| **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** |
| &nbsp;&nbsp;&nbsp; Shamal Az-Zour Al-Oula for the First Phase of Az-Zour <br> Power Plant KSC<br>| &nbsp;&nbsp;&nbsp; 1334216 | 621779 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Industrial Conglomerates — 3.6%** | **Industrial Conglomerates — 3.6%** | **Industrial Conglomerates — 3.6%** |
| Arabi Group Holding KSC<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 852199 | $1069241 |
| National Industries Group Holding SAK | &nbsp;&nbsp;&nbsp; 2720336 | 2115311 |
|  |  | 3184552 |
| **Passenger Airlines — 1.3%** | **Passenger Airlines — 1.3%** | **Passenger Airlines — 1.3%** |
| Jazeera Airways Co. KSCP | &nbsp;&nbsp;&nbsp; 230531 | 1142701 |
| **Real Estate Management & Development — 10.0%** | **Real Estate Management & Development — 10.0%** | **Real Estate Management & Development — 10.0%** |
| Commercial Real Estate Co. KSC | &nbsp;&nbsp;&nbsp; 2853770 | 1717982 |
| Kuwait Real Estate Co. KSC | &nbsp;&nbsp;&nbsp; 1329093 | 1630148 |
| Mabanee Co. KPSC | &nbsp;&nbsp;&nbsp; 971500 | 2659475 |
| National Real Estate Co. KPSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3794199 | 986628 |
| Salhia Real Estate Co. KSCP | &nbsp;&nbsp;&nbsp; 1005279 | 1346487 |
| United Real Estate Co. SAKP<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 664602 | 455945 |
|  |  | 8796665 |
| **Specialty Retail — 1.6%** | **Specialty Retail — 1.6%** | **Specialty Retail — 1.6%** |
| Ali Alghanim Sons Automotive Co. KSCC, NVS | &nbsp;&nbsp;&nbsp; 370164 | 1361696 |
| **Trading Companies & Distributors — 1.3%** | **Trading Companies & Distributors — 1.3%** | **Trading Companies & Distributors — 1.3%** |
| Integrated Holding Co. KCSC | &nbsp;&nbsp;&nbsp; 554241 | 1111535 |
| **Wireless Telecommunication Services — 5.2%** | **Wireless Telecommunication Services — 5.2%** | **Wireless Telecommunication Services — 5.2%** |
| Kuwait Telecommunications Co. | &nbsp;&nbsp;&nbsp; 604463 | 1085413 |
| Mobile Telecommunications Co. KSCP | &nbsp;&nbsp;&nbsp; 2239767 | 3482314 |
|  |  | 4567727 |
| **Total Long-Term Investments — 99.8%** <br>**(Cost: $72,833,604)** | **Total Long-Term Investments — 99.8%** <br>**(Cost: $72,833,604)** | 87458603 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.2%** | **Money Market Funds — 0.2%** | **Money Market Funds — 0.2%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 210000 | 210000 |
| **Total Short-Term Securities — 0.2%** <br>**(Cost: $210,000)** | **Total Short-Term Securities — 0.2%** <br>**(Cost: $210,000)** | 210000 |
| **Total Investments — 100.0%** <br>**(Cost: $73,043,604)** | **Total Investments — 100.0%** <br>**(Cost: $73,043,604)** | 87668603 |
| **Other Assets Less Liabilities — 0.0%** | **Other Assets Less Liabilities — 0.0%** | 5338 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $87673941 |

---

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

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

<sup>(b)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

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

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

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Kuwait ETF**

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 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>*08/31/24*<br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*05/31/25*<br>| *Shares* <br>*Held at* <br>*05/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Treasury, SL Agency Shares | $100000<br> $110000 <br><sup>(a)</sup><br>| $— | $— | $— | $210000 | 210000 | $4829 | $— |

---

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

<sup>(a)</sup> Represents net amount purchased (sold).

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index | &nbsp;&nbsp;&nbsp; 2 | 06/20/25 | &nbsp;&nbsp; $115 | $4613 |

---

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

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

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $8792250 | &nbsp;&nbsp; $77597112 | &nbsp;&nbsp; $1069241 | &nbsp;&nbsp; $87458603 |
| &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; 210000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 210000 |
|  | &nbsp;&nbsp; $9002250 | &nbsp;&nbsp; $77597112 | &nbsp;&nbsp; $1069241 | &nbsp;&nbsp; $87668603 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $4613 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $4613 |

---

&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.

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Kuwait ETF**

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

---

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

---

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

------

## 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 Kuwait ETF

- **b. EDGAR series identifier (if any):** S000068137

- **c. LEI of Series:** 549300FQSSIFG6JO0996

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $90112435.30

**Total Liabilities:** $2436960.27

**Net Assets:** $87675475.03

**Cash Not Reported:** $42399.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218229 | -0.53%               | 1.32%                | 3.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3.30                    | $-356208.61                                |
| Month 2  | $-1827427.81             | $343470.93                                 |
| Month 3  | $326664.40               | $2457352.20                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Humansoft Holding Co KSC                                              | Humansoft Holding Co KSC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    172641 | NS      | $1461850.97   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Commercial Real Estate Co KSC                                         | Commercial Real Estate Co KSC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   2853770 | NS      | $1717981.62   | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Ahli Bank of Kuwait KSCP                                           | Al Ahli Bank of Kuwait KSCP                                           | CUSIP: 000000000<br>LEI: 254900PGVVLJTOEWLL80 | Long             | EC               | CORP              | KW        |   1733777 | NS      | $1693971.03   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| United Real Estate Co SAKP                                            | United Real Estate Co SAKP                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    664602 | NS      | $455944.92    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Mabanee Co KPSC                                                       | Mabanee Co KPSC                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    971500 | NS      | $2659475.31   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazeera Airways Co KSCP                                               | Jazeera Airways Co KSCP                                               | CUSIP: 000000000<br>LEI: 894500OJYFQRXEY2YA69 | Long             | EC               | CORP              | KW        |    230531 | NS      | $1142700.51   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuwait Real Estate Co KSC                                             | Kuwait Real Estate Co KSC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   1329093 | NS      | $1630147.63   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Kuwait SAKP                                          | National Bank of Kuwait SAKP                                          | CUSIP: 000000000<br>LEI: 549300NB7FE83IH6BW96 | Long             | EC               | CORP              | KW        |   6291399 | NS      | $19592156.66  | 22.35%            |  |  |  | No            |                  2 | On Loan: No      |
| Alimtiaz Investment Group KSC                                         | Alimtiaz Investment Group KSC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   3381195 | NS      | $330571.45    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuwait Telecommunications Co                                          | Kuwait Telecommunications Co                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    604463 | NS      | $1085413.43   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuwait International Bank KSCP                                        | Kuwait International Bank KSCP                                        | CUSIP: 000000000<br>LEI: 254900OP0ZRLYKKXET16 | Long             | EC               | CORP              | KW        |   1860347 | NS      | $1448178.75   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuwait Finance House KSCP                                             | Kuwait Finance House KSCP                                             | CUSIP: 000000000<br>LEI: 2549007KX0N057S9BC98 | Long             | EC               | CORP              | KW        |   8073918 | NS      | $19720146.75  | 22.49%            |  |  |  | No            |                  2 | On Loan: No      |
| Gulf Bank KSCP                                                        | Gulf Bank KSCP                                                        | CUSIP: 000000000<br>LEI: 254900600P224MZQZD69 | Long             | EC               | CORP              | KW        |   2752068 | NS      | $2998135.25   | 3.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobile Telecommunications Co KSCP                                     | Mobile Telecommunications Co KSCP                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   2239767 | NS      | $3482313.96   | 3.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Gulf Cables & Electrical Industries Group Co. KSCP                    | Gulf Cables & Electrical Industries Group Co. KSCP                    | CUSIP: 000000000<br>LEI: 2138009VUBX6MONC2V07 | Long             | EC               | CORP              | KW        |    216675 | NS      | $1586298.26   | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Agility Public Warehousing Co KSC                                     | Agility Public Warehousing Co KSC                                     | CUSIP: 000000000<br>LEI: 549300C16Q6C2NMAI063 | Long             | EC               | CORP              | KW        |   2087487 | NS      | $1697963.37   | 1.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Warba Bank KSCP                                                       | Warba Bank KSCP                                                       | CUSIP: 000000000<br>LEI: 254900HX6OLMFSO34H53 | Long             | EC               | CORP              | KW        |   3790662 | NS      | $3049663.87   | 3.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | CUSIP: 000000000<br>LEI: 549300B6L31S17IC6G60 | Long             | EC               | CORP              | KW        |   1334216 | NS      | $621779.01    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Burgan Bank SAK                                                       | Burgan Bank SAK                                                       | CUSIP: 000000000<br>LEI: 558600NC81HKXMFSTY52 | Long             | EC               | CORP              | KW        |   1919521 | NS      | $1581745.35   | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES                        | BlackRock Cash Funds: Treasury, SL Agency Shares                      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    210000 | NS      | $210000.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ali Alghanim Sons Automotive Co KSCC                                  | Ali Alghanim Sons Automotive Co KSCC                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    370164 | NS      | $1361695.65   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Integrated Holding Co KCSC                                            | Integrated Holding Co KCSC                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    554241 | NS      | $1111534.53   | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Noor Financial Investment Co KSC                                      | Noor Financial Investment Co KSC                                      | CUSIP: 000000000<br>LEI: 549300US0VXHVXG6RD34 | Long             | EC               | CORP              | KW        |    799740 | NS      | $851162.10    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuwait Projects Co Holding KSCP                                       | Kuwait Projects Co Holding KSCP                                       | CUSIP: 000000000<br>LEI: 254900NKYL22Y1SJAI75 | Long             | EC               | CORP              | KW        |   3991046 | NS      | $1175124.72   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Boursa Kuwait Securities Co KPSC                                      | Boursa Kuwait Securities Co KPSC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    175453 | NS      | $1826289.33   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Boubyan Bank KSCP                                                     | Boubyan Bank KSCP                                                     | CUSIP: 000000000<br>LEI: 254900D1UAYOAUPGL280 | Long             | EC               | CORP              | KW        |     50277 | NS      | $110106.37    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Salhia Real Estate Co KSCP                                            | Salhia Real Estate Co KSCP                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   1005279 | NS      | $1346487.44   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| A'ayan Leasing & Investment Co KSCP                                   | A'ayan Leasing & Investment Co KSCP                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   1717386 | NS      | $984655.17    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Arzan Financial Group for Financing & Investment KPSC                 | Arzan Financial Group for Financing & Investment KPSC                 | CUSIP: 000000000<br>LEI: 2549000A07AM4AQ9NP46 | Long             | EC               | CORP              | KW        |   1204832 | NS      | $1094153.14   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE Futures U.S., Inc.                                                | MSCI EMGMKT JUN25                                                     | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         4 | NC      | $9226.17      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Industries Group Holding SAK                                 | National Industries Group Holding SAK                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   2720336 | NS      | $2115310.58   | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| National Investments Co KSCP                                          | National Investments Co KSCP                                          | CUSIP: 000000000<br>LEI: 2549000LH3SWRWU99Y13 | Long             | EC               | CORP              | KW        |   1221974 | NS      | $1093830.99   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Mezzan Holding Co KSCC                                                | Mezzan Holding Co KSCC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    324715 | NS      | $1183104.42   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Boubyan Petrochemicals Co KSCP                                        | Boubyan Petrochemicals Co KSCP                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    611198 | NS      | $1366434.35   | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Heavy Engineering & Ship Building Co KSCP                             | Heavy Engineering & Ship Building Co KSCP                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    242107 | NS      | $708111.49    | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Combined Group Contracting Co SAK                                     | Combined Group Contracting Co SAK                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    317757 | NS      | $716713.15    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| IFA Hotels & Resorts-KPSC                                             | IFA Hotels & Resorts-KPSC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    106048 | NS      | $401582.37    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Arabi Group Holding KSC                                               | Arabi Group Holding KSC                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |    852199 | NS      | $1069241.06   | 1.22%             |  |  |  | No            |                  3 | On Loan: No      |
| National Real Estate Co KPSC                                          | National Real Estate Co KPSC                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KW        |   3794199 | NS      | $986627.77    | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer