# EDGAR Filing Document

**Accession Number:** 0000918848
**File Stem:** 0001752724-23-072021
**Filing Date:** 2023-3
**Character Count:** 74995
**Document Hash:** ba89876a90ebe152bf173eac675b09a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072021.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072021

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MID-CAP VALUE SERIES, INC.
- **CENTRAL INDEX KEY:** 0000918848
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07177
- **FILM NUMBER:** 23774148

**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:** BLACKROCK MID CAP DIVIDEND SERIES, INC.
- **DATE OF NAME CHANGE:** 20170612

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK MID CAP VALUE OPPORTUNITIES SERIES INC.
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ASSET PROGRAM INC
- **DATE OF NAME CHANGE:** 20000203

## Series and Classes Contracts Data

### BlackRock Mid-Cap Value Fund (Series ID: S000002541)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000006998 | Investor A    |  |
| C000007000 | Investor C    |  |
| C000007001 | Institutional |  |
| C000007002 | Class R       |  |
| C000199762 | Class K       |  |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited)<br> January 31, 2023<br>| **BlackRock Mid-Cap Value Fund**<br> **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
|  **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 3.4%** | **Aerospace & Defense — 3.4%** | **Aerospace & Defense — 3.4%** |
|  Airbus SE | 61861 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7755256 |
|  BAE Systems PLC | 1509776 | 15982547 |
|  Huntington Ingalls Industries, Inc. | 25210 | 5559813 |
|  L3Harris Technologies, Inc. | 56429 | 12122078 |
|  |  | 41419694 |
| **Airlines — 0.2%** | **Airlines — 0.2%** | **Airlines — 0.2%** |
|  Delta Air Lines, Inc.<sup>(a)</sup>  | 75350 | 2946185 |
| **Auto Components — 2.2%** | **Auto Components — 2.2%** | **Auto Components — 2.2%** |
|  Goodyear Tire & Rubber Co.<sup>(a)</sup>  | 524250 | 5897812 |
|  Lear Corp. | 95479 | 13918929 |
|  Magna International, Inc. | 109990 | 7142751 |
|  |  | 26959492 |
| **Automobiles — 1.5%** | **Automobiles — 1.5%** | **Automobiles — 1.5%** |
|  General Motors Co. | 474686 | 18664654 |
| **Banks — 4.3%** | **Banks — 4.3%** | **Banks — 4.3%** |
|  Citizens Financial Group, Inc. | 394550 | 17091906 |
|  Comerica, Inc. | 72483 | 5313729 |
|  First Citizens BancShares, Inc., Class A<sup>(b)</sup>  | 32031 | 24909868 |
|  M&T Bank Corp. | 32206 | 5024136 |
|  |  | 52339639 |
| **Beverages — 0.9%** | **Beverages — 0.9%** | **Beverages — 0.9%** |
|  Constellation Brands, Inc., Class A | 23962 | 5547682 |
|  Monster Beverage Corp.<sup>(a)</sup>  | 45971 | 4784662 |
|  |  | 10332344 |
| **Biotechnology<sup>(a)(b)</sup> — 1.8%** | **Biotechnology<sup>(a)(b)</sup> — 1.8%** | **Biotechnology<sup>(a)(b)</sup> — 1.8%** |
|  Biogen, Inc. | 31659 | 9209603 |
|  SPDR S&P Biotech ETF<sup>(c)(d)</sup>  | 142599 | 12677051 |
|  |  | 21886654 |
| **Capital Markets — 3.2%** | **Capital Markets — 3.2%** | **Capital Markets — 3.2%** |
|  Carlyle Group, Inc. | 342050 | 12303538 |
|  Credit Suisse Group AG, Registered Shares | 1742230 | 6001776 |
|  Invesco Ltd. | 330058 | 6109374 |
|  Raymond James Financial, Inc. | 132197 | 14907856 |
|  |  | 39322544 |
| **Chemicals — 1.4%** | **Chemicals — 1.4%** | **Chemicals — 1.4%** |
|  Axalta Coating Systems Ltd.<sup>(a)</sup>  | 546149 | 16439085 |
| **Communications Equipment — 1.5%** | **Communications Equipment — 1.5%** | **Communications Equipment — 1.5%** |
|  Ciena Corp.<sup>(a)(b)</sup>  | 114950 | 5979699 |
|  Nokia OYJ, ADR | 2450542 | 11664580 |
|  |  | 17644279 |
| **Construction Materials — 0.3%** | **Construction Materials — 0.3%** | **Construction Materials — 0.3%** |
|  CRH PLC, ADR | 76410 | 3597383 |
| **Consumer Finance — 0.4%** | **Consumer Finance — 0.4%** | **Consumer Finance — 0.4%** |
|  Capital One Financial Corp. | 37855 | 4504745 |
| **Containers & Packaging — 1.8%** | **Containers & Packaging — 1.8%** | **Containers & Packaging — 1.8%** |
|  Crown Holdings, Inc. | 80990 | 7140079 |
|  Sealed Air Corp. | 268832 | 14721240 |
|  |  | 21861319 |
| **Diversified Financial Services — 4.0%** | **Diversified Financial Services — 4.0%** | **Diversified Financial Services — 4.0%** |
|  Acropolis Infrastructure Acquisition Corp., Class A<sup>(a)</sup>  | 152300 | 1532138 |
|  Apollo Global Management, Inc. | 121104 | 8571741 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** |
|  Cannae Holdings, Inc.<sup>(a)</sup>  | 627705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15341110 |
|  Equitable Holdings, Inc. | 486327 | 15596507 |
|  GX Acquisition Corp. II, Class A<sup>(a)(b)</sup>  | 117322 | 1184952 |
|  SPDR S&P Software & Services ETF<sup>(c)(d)</sup>  | 50310 | 6125746 |
|  |  | 48352194 |
| **Electric Utilities — 2.3%** | **Electric Utilities — 2.3%** | **Electric Utilities — 2.3%** |
|  Edison International | 157697 | 10865323 |
|  Exelon Corp. | 217310 | 9168309 |
|  PG&E Corp.<sup>(a)(b)</sup>  | 518110 | 8237949 |
|  |  | 28271581 |
| **Electronic Equipment, Instruments & Components — 0.9%** | **Electronic Equipment, Instruments & Components — 0.9%** | **Electronic Equipment, Instruments & Components — 0.9%** |
|  Zebra Technologies Corp., Class A<sup>(a)</sup>  | 34324 | 10852562 |
| **Entertainment — 2.5%** | **Entertainment — 2.5%** | **Entertainment — 2.5%** |
|  Activision Blizzard, Inc. | 98137 | 7514350 |
|  Electronic Arts, Inc. | 42705 | 5495280 |
|  Take-Two Interactive Software, Inc.<sup>(a)</sup>  | 99639 | 11282124 |
|  Warner Bros Discovery, Inc., Class A<sup>(a)(b)</sup>  | 420993 | 6239116 |
|  |  | 30530870 |
| **Equity Real Estate Investment Trusts (REITs) — 1.1%** | **Equity Real Estate Investment Trusts (REITs) — 1.1%** | **Equity Real Estate Investment Trusts (REITs) — 1.1%** |
|  Mid-America Apartment Communities, Inc. | 32320 | 5388390 |
|  SL Green Realty Corp. | 199985 | 8229383 |
|  |  | 13617773 |
| **Food Products — 2.4%** | **Food Products — 2.4%** | **Food Products — 2.4%** |
|  Danone SA | 212667 | 11662499 |
|  Kraft Heinz Co. | 440290 | 17844954 |
|  |  | 29507453 |
| **Health Care Equipment & Supplies — 5.2%** | **Health Care Equipment & Supplies — 5.2%** | **Health Care Equipment & Supplies — 5.2%** |
|  Baxter International, Inc. | 558731 | 25528419 |
|  DENTSPLY SIRONA, Inc. | 126630 | 4663783 |
|  Koninklijke Philips NV | 564422 | 9745000 |
|  Koninklijke Philips NV, NY Shares | 140497 | 2405309 |
|  Zimmer Biomet Holdings, Inc. | 165731 | 21104186 |
|  |  | 63446697 |
| **Health Care Providers & Services — 5.0%** | **Health Care Providers & Services — 5.0%** | **Health Care Providers & Services — 5.0%** |
|  AmerisourceBergen Corp. | 46889 | 7922365 |
|  Cardinal Health, Inc. | 250057 | 19316903 |
|  Cigna Corp. | 12004 | 3801307 |
|  Fulgent Genetics, Inc.<sup>(a)</sup>  | 96840 | 3271255 |
|  Laboratory Corp. of America Holdings | 81061 | 20437099 |
|  Tenet Healthcare Corp.<sup>(a)</sup>  | 116110 | 6368634 |
|  |  | 61117563 |
| **Hotels, Restaurants & Leisure — 1.1%** | **Hotels, Restaurants & Leisure — 1.1%** | **Hotels, Restaurants & Leisure — 1.1%** |
|  Las Vegas Sands Corp.<sup>(a)</sup>  | 226143 | 13342437 |
| **Household Durables — 2.6%** | **Household Durables — 2.6%** | **Household Durables — 2.6%** |
|  Newell Brands, Inc. | 781555 | 12473617 |
|  Panasonic Holdings Corp. | 1420200 | 13170038 |
|  Toll Brothers, Inc. | 102918 | 6122592 |
|  |  | 31766247 |
| **Insurance — 7.2%** | **Insurance — 7.2%** | **Insurance — 7.2%** |
|  Allstate Corp. | 96867 | 12444503 |
|  American International Group, Inc. | 196119 | 12398643 |
|  Assurant, Inc. | 33845 | 4487509 |
|  F&G Annuities & Life, Inc. | 21849 | 468880 |
|  Fidelity National Financial, Inc. | 415119 | 18277690 |

---

1<br>

------

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued)<br> January 31, 2023<br>| **BlackRock Mid-Cap Value Fund**<br> **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
|  Prudential PLC | 761530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12652860 |
|  RenaissanceRe Holdings Ltd. | 59787 | 11699718 |
|  Willis Towers Watson PLC | 57106 | 14515774 |
|  |  | 86945577 |
| **IT Services — 7.4%** | **IT Services — 7.4%** | **IT Services — 7.4%** |
|  Cognizant Technology Solutions Corp., Class A | 379572 | 25336431 |
|  Concentrix Corp. | 56210 | 7971140 |
|  DXC Technology Co.<sup>(a)</sup>  | 209870 | 6029565 |
|  Fidelity National Information Services, Inc. | 343680 | 25789747 |
|  SS&C Technologies Holdings, Inc. | 416776 | 25152432 |
|  |  | 90279315 |
| **Life Sciences Tools & Services — 0.5%** | **Life Sciences Tools & Services — 0.5%** | **Life Sciences Tools & Services — 0.5%** |
|  Avantor, Inc.<sup>(a)</sup>  | 253960 | 6069644 |
| **Machinery — 2.2%** | **Machinery — 2.2%** | **Machinery — 2.2%** |
|  Fortive Corp. | 86650 | 5894799 |
|  Komatsu Ltd. | 740400 | 18194930 |
|  PACCAR, Inc. | 29360 | 3209342 |
|  |  | 27299071 |
| **Media — 2.0%** | **Media — 2.0%** | **Media — 2.0%** |
|  Fox Corp., Class A | 522691 | 17740132 |
|  Paramount Global, Class B | 276216 | 6397163 |
|  |  | 24137295 |
| **Metals & Mining — 1.4%** | **Metals & Mining — 1.4%** | **Metals & Mining — 1.4%** |
|  Alcoa Corp. | 115640 | 6041034 |
|  Barrick Gold Corp. | 581077 | 11360055 |
|  |  | 17401089 |
| **Multiline Retail — 2.6%** | **Multiline Retail — 2.6%** | **Multiline Retail — 2.6%** |
|  Dollar General Corp. | 56430 | 13182048 |
|  Dollar Tree, Inc.<sup>(a)</sup>  | 125936 | 18913068 |
|  |  | 32095116 |
| **Multi-Utilities — 2.1%** | **Multi-Utilities — 2.1%** | **Multi-Utilities — 2.1%** |
|  NiSource, Inc. | 186615 | 5178566 |
|  Public Service Enterprise Group, Inc. | 223635 | 13849716 |
|  Sempra Energy | 38143 | 6115467 |
|  |  | 25143749 |
| **Oil, Gas & Consumable Fuels — 5.7%** | **Oil, Gas & Consumable Fuels — 5.7%** | **Oil, Gas & Consumable Fuels — 5.7%** |
|  BP PLC, ADR | 246189 | 8919428 |
|  Denbury, Inc.<sup>(a)</sup>  | 68540 | 5947901 |
|  Diamondback Energy, Inc. | 30443 | 4448331 |
|  Enterprise Products Partners LP | 833337 | 21333427 |
|  EQT Corp. | 366158 | 11962382 |
|  Hess Corp. | 66150 | 9933084 |
|  Woodside Energy Group Ltd., ADR<sup>(b)</sup>  | 263580 | 6847808 |
|  |  | 69392361 |
| **Pharmaceuticals — 1.7%** | **Pharmaceuticals — 1.7%** | **Pharmaceuticals — 1.7%** |
|  Bayer AG, Registered Shares | 333752 | 20774372 |
| **Professional Services — 1.5%** | **Professional Services — 1.5%** | **Professional Services — 1.5%** |
|  Leidos Holdings, Inc. | 125351 | 12389693 |
|  Robert Half International, Inc. | 72291 | 6069552 |
|  |  | 18459245 |
| **Real Estate Management & Development<sup>(a)</sup> — 1.7%** | **Real Estate Management & Development<sup>(a)</sup> — 1.7%** | **Real Estate Management & Development<sup>(a)</sup> — 1.7%** |
|  CBRE Group, Inc., Class A | 175458 | 15003413 |
|  Howard Hughes Corp. | 67971 | 5810841 |
|  |  | 20814254 |
| **Semiconductors & Semiconductor Equipment — 0.5%** | **Semiconductors & Semiconductor Equipment — 0.5%** | **Semiconductors & Semiconductor Equipment — 0.5%** |
|  Skyworks Solutions, Inc. | 54823 | 6012438 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Software — 0.0%** | **Software — 0.0%** | **Software — 0.0%** |
|  Latch, Inc.<sup>(a)</sup>  | 382588 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351790 |
| **Specialty Retail — 0.7%** | **Specialty Retail — 0.7%** | **Specialty Retail — 0.7%** |
|  Ross Stores, Inc. | 68309 | 8073441 |
| **Technology Hardware, Storage & Peripherals — 1.7%** | **Technology Hardware, Storage & Peripherals — 1.7%** | **Technology Hardware, Storage & Peripherals — 1.7%** |
|  Western Digital Corp.<sup>(a)</sup>  | 465270 | 20448617 |
| **Textiles, Apparel & Luxury Goods — 2.5%** | **Textiles, Apparel & Luxury Goods — 2.5%** | **Textiles, Apparel & Luxury Goods — 2.5%** |
|  Gildan Activewear, Inc.<sup>(b)</sup>  | 401461 | 12577773 |
|  Ralph Lauren Corp. | 122210 | 15135709 |
|  Under Armour, Inc., Class A<sup>(a)</sup>  | 177964 | 2204974 |
|  |  | 29918456 |
| **Tobacco — 1.0%** | **Tobacco — 1.0%** | **Tobacco — 1.0%** |
|  Altria Group, Inc. | 279587 | 12592598 |
| **Trading Companies & Distributors — 0.5%** | **Trading Companies & Distributors — 0.5%** | **Trading Companies & Distributors — 0.5%** |
|  MSC Industrial Direct Co., Inc., Class A | 73860 | 6108222 |
| **Wireless Telecommunication Services — 1.7%** | **Wireless Telecommunication Services — 1.7%** | **Wireless Telecommunication Services — 1.7%** |
|  Rogers Communications, Inc., Class B | 180142 | 8762728 |
|  Vodafone Group PLC | 9790239 | 11296103 |
|  |  | 20058831 |
|  **Total Common Stocks — 94.6%<br>(Cost: $1,045,071,019)** | **Total Common Stocks — 94.6%<br>(Cost: $1,045,071,019)** | 1151098875 |
|  **Warrants** | **Warrants** | **Warrants** |
| **Diversified Financial Services — 0.0%** | **Diversified Financial Services — 0.0%** | **Diversified Financial Services — 0.0%** |
|  Acropolis Infrastructure Acquisition Corp., (Issued 04/23/21, Exercisable 04/23/22, 1 Share for 1 Warrant, Expires 03/31/26, Strike Price USD 11.50)<sup>(a)</sup> | 50766 | 4076 |
|  **Total Warrants — 0.0%<br>(Cost: $45,463)** | **Total Warrants — 0.0%<br>(Cost: $45,463)** | 4076 |
|  **Total Long-Term Investments — 94.6%<br>(Cost: $1,045,116,482)** | **Total Long-Term Investments — 94.6%<br>(Cost: $1,045,116,482)** | 1151102951 |
|  **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 7.3%** | **Money Market Funds — 7.3%** | **Money Market Funds — 7.3%** |
|  BlackRock Liquidity Funds, T-Fund, Institutional Class, 4.07%<sup>(c)(d)</sup>  | 66101502 | 66101502 |
|  SL Liquidity Series, LLC, Money Market Series, 4.54%<sup>(c)(d)(e)</sup> | 23496800 | 23501500 |
|  **Total Short-Term Securities — 7.3%<br>(Cost: $89,601,407)** | **Total Short-Term Securities — 7.3%<br>(Cost: $89,601,407)** | 89603002 |
|  **Total Investments — 101.9%<br>(Cost: $1,134,717,889)** | **Total Investments — 101.9%<br>(Cost: $1,134,717,889)** | 1240705953 |
|  **Liabilities in Excess of Other Assets — (1.9)%** | **Liabilities in Excess of Other Assets — (1.9)%** | (23463534) |
|  **Net Assets — 100.0%** | **Net Assets — 100.0%** | $1217242419 |

---

<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.

S C H E D U L E O F I N V E S T M E N T S <br> 2<br>

------

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued)<br> January 31, 2023<br>| **BlackRock Mid-Cap Value Fund** |

---

For Fund compliance purposes, the Fund's industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

**Affiliates** 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *04/30/22* | *Purchases*<br> *at Cost* | *Proceeds*<br> *from Sales* | *Net*<br> *Realized*<br> *Gain (Loss)* | *Change in*<br> *Unrealized*<br> *Appreciation*<br> *(Depreciation)* | *Value at*<br> *01/31/23* | *Shares*<br> *Held at*<br> *01/31/23* | *Income* | *Capital Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds* |
|  BlackRock Liquidity Funds, T-Fund, Institutional Class | $39992852 | $26108650 <sup>(a)</sup> | $— | $— | $— | $66101502 | 66101502 | $1044539 | $— |
|  SL Liquidity Series, LLC, Money Market Series |  | 23502528 <sup>(a)</sup> |  | (2623) | 1595 | 23501500 | 23496800 | 49786 <sup>(b)</sup> |  |
|  |  |  |  | $(2623) | $1595 | $89603002 |  | $1094325 | $— |

---

<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 fees and collateral investment expenses, and other payments to and from borrowers of securities.

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments. 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;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the
Fund has the ability to access;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or
liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield
curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent
observable inputs are not available (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. There may not be a secondary market, and/or there are 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.

Certain investments of the Fund were fair valued using net asset value ("NAV") per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

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;&nbsp; Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17681891 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23737803 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;41419694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Airlines | 2946185 |  |  | 2946185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Auto Components | 26959492 |  |  | 26959492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Automobiles | 18664654 |  |  | 18664654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Banks | 52339639 |  |  | 52339639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beverages | 10332344 |  |  | 10332344 |

---

------

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued)<br> January 31, 2023<br>| **BlackRock Mid-Cap Value Fund** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Biotechnology | $21886654 | $— | $— | $21886654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 33320768 | 6001776 |  | 39322544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 16439085 |  |  | 16439085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communications Equipment | 17644279 |  |  | 17644279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Construction Materials | 3597383 |  |  | 3597383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Finance | 4504745 |  |  | 4504745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Containers & Packaging | 21861319 |  |  | 21861319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diversified Financial Services | 48352194 |  |  | 48352194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electric Utilities | 28271581 |  |  | 28271581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components | 10852562 |  |  | 10852562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entertainment | 30530870 |  |  | 30530870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Real Estate Investment Trusts (REITs) | 13617773 |  |  | 13617773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Food Products | 17844954 | 11662499 |  | 29507453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 53701697 | 9745000 |  | 63446697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 61117563 |  |  | 61117563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | 13342437 |  |  | 13342437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Household Durables | 18596209 | 13170038 |  | 31766247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance | 74292717 | 12652860 |  | 86945577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IT Services | 90279315 |  |  | 90279315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Sciences Tools & Services | 6069644 |  |  | 6069644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Machinery | 9104141 | 18194930 |  | 27299071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Media | 24137295 |  |  | 24137295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 17401089 |  |  | 17401089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multiline Retail | 32095116 |  |  | 32095116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multi-Utilities | 25143749 |  |  | 25143749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 69392361 |  |  | 69392361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals |  | 20774372 |  | 20774372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional Services | 18459245 |  |  | 18459245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | 20814254 |  |  | 20814254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 6012438 |  |  | 6012438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software | 351790 |  |  | 351790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 8073441 |  |  | 8073441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals | 20448617 |  |  | 20448617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | 29918456 |  |  | 29918456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tobacco | 12592598 |  |  | 12592598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trading Companies & Distributors | 6108222 |  |  | 6108222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wireless Telecommunication Services | 8762728 | 11296103 |  | 20058831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | 4076 |  |  | 4076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | 66101502 |  |  | 66101502 |
|  | $1089969072 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127235381 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | 1217204453 |
|  Investments Valued at NAV<sup>(a)</sup>  |  |  |  | 23501500 |
|  |  |  |  | $1240705953 |

---

<sup>(a)</sup> Certain investments of the Fund were fair valued using NAV as a practical expedient as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

**Portfolio Abbreviation** 

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| ETF | Exchange-Traded Fund |
| S&P | Standard & Poor's |
| SPDR  | Standard & Poor's Depository Receipt |

---

S C H E D U L E O F I N V E S T M E N T S 4

## 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 Mid-Cap Value Series, Inc.

- **b. Investment Company Act file number:** 811-07177

- **c. CIK number of Registrant:** 0000918848

- **d. LEI of Registrant:** 5493003G3UCJERKN1U53

- **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 Value Fund

- **b. EDGAR series identifier (if any):** S000002541

- **c. LEI of Series:** OKDABTOHP57RKQS1OU88

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

- **a. Date of fiscal year-end:** 2023-04-30

- **b. Date as of which information is reported:** 2023-01-31

**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:** $1295192394.98

**Total Liabilities:** $80864683.23

**Net Assets:** $1214327711.75

**Cash Not Reported:** $91.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007000 | 7.16%                | -4.23%               | 8.37%                |
| Class ID C000007002 | 7.15%                | -4.18%               | 8.46%                |
| Class ID C000007001 | 7.22%                | -4.16%               | 8.49%                |
| Class ID C000006998 | 7.17%                | -4.15%               | 8.42%                |
| Class ID C000199762 | 7.17%                | -4.13%               | 8.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5104289.68              | $65330774.68                               |
| Month 2  | $5441343.93              | $-53440701.62                              |
| Month 3  | $4583179.86              | $87965615.03                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| EQT Corp                                                 | EQT Corp                                                | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    366158 | NS      | $11962381.86  | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Equitable Holdings Inc                                   | Equitable Holdings Inc                                  | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    486327 | NS      | $15596506.89  | 1.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Assurant Inc                                             | Assurant Inc                                            | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     33845 | NS      | $4487508.55   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| L3Harris Technologies Inc                                | L3Harris Technologies Inc                               | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     56429 | NS      | $12122077.78  | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Zebra Technologies Corp                                  | Zebra Technologies Corp                                 | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |     34324 | NS      | $10852562.32  | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Warner Bros Discovery Inc                                | Warner Bros Discovery Inc                               | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    420993 | NS      | $6239116.26   | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| Dollar General Corp                                      | Dollar General Corp                                     | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     56430 | NS      | $13182048.00  | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| DENTSPLY SIRONA Inc                                      | DENTSPLY SIRONA Inc                                     | CUSIP: 24906P109<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | EC               | CORP              | US        |    126630 | NS      | $4663782.90   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Financial Inc                          | Fidelity National Financial Inc                         | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    415119 | NS      | $18277689.57  | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co                                        | General Motors Co                                       | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    474686 | NS      | $18664653.52  | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Digital Corp                                     | Western Digital Corp                                    | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    465270 | NS      | $20448616.50  | 1.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Comerica Inc                                             | Comerica Inc                                            | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |     72483 | NS      | $5313728.73   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| F&G Annuities & Life Inc                                 | F&G Annuities & Life Inc                                | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21849 | NS      | $468879.54    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| BAE Systems PLC                                          | BAE Systems PLC                                         | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |   1505936 | NS      | $15941896.80  | 1.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Hess Corp                                                | Hess Corp                                               | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     75755 | NS      | $11375370.80  | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Goodyear Tire & Rubber Co/The                            | Goodyear Tire & Rubber Co/The                           | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    524250 | NS      | $5897812.50   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Howard Hughes Corp/The                                   | Howard Hughes Corp/The                                  | CUSIP: 44267D107<br>LEI: 549300BVHY25JZC1KI49 | Long             | EC               | CORP              | US        |     67971 | NS      | $5810840.79   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| GX Acquisition Corp II                                   | GX Acquisition Corp II                                  | CUSIP: 36260F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117322 | NS      | $1184952.20   | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| Gildan Activewear Inc                                    | Gildan Activewear Inc                                   | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |    366354 | NS      | $11477870.82  | 0.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Cannae Holdings Inc                                      | Cannae Holdings Inc                                     | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |    627705 | NS      | $15341110.20  | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Cognizant Technology Solutions Corp                      | Cognizant Technology Solutions Corp                     | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    379572 | NS      | $25336431.00  | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Airbus SE                                                | Airbus SE                                               | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |     61701 | NS      | $7735197.57   | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| Acropolis Infrastructure Acquisition Corp                | Acropolis Infrastructure Acquisition Corp               | CUSIP: 005029103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    152300 | NS      | $1532138.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Ltd                                              | Invesco Ltd                                             | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    330058 | NS      | $6109373.58   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Under Armour Inc                                         | Under Armour Inc                                        | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |    177964 | NS      | $2204973.96   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Fox Corp                                                 | Fox Corp                                                | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    522691 | NS      | $17740132.54  | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelon Corp                                              | Exelon Corp                                             | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    217310 | NS      | $9168308.90   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corp                                                | Lear Corp                                               | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     95479 | NS      | $13918928.62  | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Axalta Coating Systems Ltd                               | Axalta Coating Systems Ltd                              | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | US        |    546149 | NS      | $16439084.90  | 1.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown Holdings Inc                                       | Crown Holdings Inc                                      | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     80990 | NS      | $7140078.40   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Carlyle Group Inc/The                                    | Carlyle Group Inc/The                                   | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |    342050 | NS      | $12303538.50  | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Zimmer Biomet Holdings Inc                               | Zimmer Biomet Holdings Inc                              | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |    165731 | NS      | $21104185.54  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Leidos Holdings Inc                                      | Leidos Holdings Inc                                     | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |    125351 | NS      | $12389692.84  | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CBRE Group Inc                                           | CBRE Group Inc                                          | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    175458 | NS      | $15003413.58  | 1.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Raymond James Financial Inc                              | Raymond James Financial Inc                             | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |    132197 | NS      | $14907855.69  | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Biogen Inc                                               | Biogen Inc                                              | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     31659 | NS      | $9209603.10   | 0.76%             |  |  |  | No            | 1                  | On Loan: —       |
| Edison International                                     | Edison International                                    | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    157697 | NS      | $10865323.30  | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Toll Brothers Inc                                        | Toll Brothers Inc                                       | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |    102918 | NS      | $6122591.82   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Koninklijke Philips NV                                   | Koninklijke Philips NV                                  | CUSIP: 000000000<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |    562982 | NS      | $9720137.89   | 0.80%             |  |  |  | No            | 2                  | On Loan: No      |
| Ralph Lauren Corp                                        | Ralph Lauren Corp                                       | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |    146760 | NS      | $18176226.00  | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Sealed Air Corp                                          | Sealed Air Corp                                         | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    268832 | NS      | $14721240.32  | 1.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Magna International Inc                                  | Magna International Inc                                 | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    109990 | NS      | $7142750.60   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Paramount Global                                         | Paramount Global                                        | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |    276216 | NS      | $6397162.56   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Dollar Tree Inc                                          | Dollar Tree Inc                                         | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |    125936 | NS      | $18913068.48  | 1.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Ingalls Industries Inc                        | Huntington Ingalls Industries Inc                       | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |     25210 | NS      | $5559813.40   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Brands Inc                                 | Constellation Brands Inc                                | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     23962 | NS      | $5547682.24   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Towers Watson PLC                                 | Willis Towers Watson PLC                                | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     57106 | NS      | $14515774.14  | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Take-Two Interactive Software Inc                        | Take-Two Interactive Software Inc                       | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     99639 | NS      | $11282123.97  | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Barrick Gold Corp                                        | Barrick Gold Corp                                       | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    581077 | NS      | $11360055.35  | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Corp                                               | Cigna Corp                                              | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     22594 | NS      | $7154841.98   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| M&T Bank Corp                                            | M&T Bank Corp                                           | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     32206 | NS      | $5024136.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Sempra Energy                                            | Sempra Energy                                           | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     38143 | NS      | $6115467.19   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Robert Half International Inc                            | Robert Half International Inc                           | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     72291 | NS      | $6069552.36   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                               | PACCAR Inc                                              | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     29360 | NS      | $3209341.60   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Newell Brands Inc                                        | Newell Brands Inc                                       | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |    781555 | NS      | $12473617.80  | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Activision Blizzard Inc                                  | Activision Blizzard Inc                                 | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     98137 | NS      | $7514350.09   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Monster Beverage Corp                                    | Monster Beverage Corp                                   | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     45971 | NS      | $4784661.68   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| First Citizens BancShares Inc/NC                         | First Citizens BancShares Inc/NC                        | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |     32031 | NS      | $24909868.08  | 2.05%             |  |  |  | No            | 1                  | On Loan: —       |
| Acropolis Infrastructure Acquisition Corp                | Acropolis Infrastructure Acquisition Corp               | CUSIP: 005029111<br>LEI: N/A                  | N/A              | DE               |  | US        |     50766 | NS      | $4076.51      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| DXC Technology Co                                        | DXC Technology Co                                       | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    209870 | NS      | $6029565.10   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Latch Inc                                                | Latch Inc                                               | CUSIP: 51818V106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    485518 | NS      | $446433.80    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| SS&C Technologies Holdings Inc                           | SS&C Technologies Holdings Inc                          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    416776 | NS      | $25152431.60  | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| PG&E Corp                                                | PG&E Corp                                               | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    518110 | NS      | $8237949.00   | 0.68%             |  |  |  | No            | 1                  | On Loan: —       |
| Nokia Oyj                                                | Nokia Oyj                                               | CUSIP: 654902204<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |   2450542 | NS      | $11664579.92  | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Liquidity Funds                                | BlackRock Liquidity Funds: T-Fund, Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |    286434 | NS      | $286434.08    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Apollo Global Management Inc                             | Apollo Global Management Inc                            | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121104 | NS      | $8571741.12   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Ciena Corp                                               | Ciena Corp                                              | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    114950 | NS      | $5979699.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: —       |
| BlackRock Liquidity Funds                                | BlackRock Liquidity Funds: T-Fund, Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  65815068 | NS      | $65815068.31  | 5.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information Services Inc               | Fidelity National Information Services Inc              | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    343680 | NS      | $25789747.20  | 2.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Komatsu Ltd                                              | Komatsu Ltd                                             | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |    738500 | NS      | $18148238.85  | 1.49%             |  |  |  | No            | 2                  | On Loan: No      |
| NiSource Inc                                             | NiSource Inc                                            | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    186615 | NS      | $5178566.25   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Danone SA                                                | Danone SA                                               | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |    189627 | NS      | $10399003.21  | 0.86%             |  |  |  | No            | 2                  | On Loan: No      |
| Ross Stores Inc                                          | Ross Stores Inc                                         | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     68309 | NS      | $8073440.71   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Denbury Inc                                              | Denbury Inc                                             | CUSIP: 24790A101<br>LEI: 549300KCWA5W52MS5559 | Long             | EC               | CORP              | US        |     51355 | NS      | $4456586.90   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Fulgent Genetics Inc                                     | Fulgent Genetics Inc                                    | CUSIP: 359664109<br>LEI: 549300CL6P01M68QJ404 | Long             | EC               | CORP              | US        |     96840 | NS      | $3271255.20   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Allstate Corp/The                                        | Allstate Corp/The                                       | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     96867 | NS      | $12444503.49  | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Money Market Series a series of SL Liquidity Series, LLC | SL Liquidity Series, LLC, Money Market Series           | CUSIP: 590204509<br>LEI: 549300I0RQO84VDWQP47 | Long             | STIV             |  | US        |  26220709 | NS      | $26225953.23  | 2.16%             |  |  |  | No            | N/A                | On Loan: No      |
| Cardinal Health Inc                                      | Cardinal Health Inc                                     | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |    250057 | NS      | $19316903.25  | 1.59%             |  |  |  | No            | 1                  | On Loan: No      |
| AmerisourceBergen Corp                                   | AmerisourceBergen Corp                                  | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     46889 | NS      | $7922365.44   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Bayer AG                                                 | Bayer AG                                                | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |    371892 | NS      | $23148393.35  | 1.91%             |  |  |  | No            | 2                  | On Loan: No      |
| Skyworks Solutions Inc                                   | Skyworks Solutions Inc                                  | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     54823 | NS      | $6012438.41   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Altria Group Inc                                         | Altria Group Inc                                        | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    279587 | NS      | $12592598.48  | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Concentrix Corp                                          | Concentrix Corp                                         | CUSIP: 20602D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56210 | NS      | $7971140.10   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Citizens Financial Group Inc                             | Citizens Financial Group Inc                            | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    394550 | NS      | $17091906.00  | 1.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Laboratory Corp of America Holdings                      | Laboratory Corp of America Holdings                     | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |     81061 | NS      | $20437099.32  | 1.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Rogers Communications Inc                                | Rogers Communications Inc                               | CUSIP: 775109200<br>LEI: 54930030NVF3Y2OL0A78 | Long             | EC               | CORP              | CA        |    142072 | NS      | $6911802.80   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Tenet Healthcare Corp                                    | Tenet Healthcare Corp                                   | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     58205 | NS      | $3192544.25   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Panasonic Holdings Corp                                  | Panasonic Holdings Corp                                 | CUSIP: 000000000<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |   1416600 | NS      | $13136653.70  | 1.08%             |  |  |  | No            | 2                  | On Loan: No      |
| SPDR S&P Biotech ETF                                     | SPDR S&P Biotech ETF                                    | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Long             | EC               | RF                | US        |    142599 | NS      | $12677051.10  | 1.04%             |  |  |  | No            | 1                  | On Loan: —       |
| Avantor Inc                                              | Avantor Inc                                             | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253960 | NS      | $6069644.00   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Diamondback Energy Inc                                   | Diamondback Energy Inc                                  | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     30443 | NS      | $4448331.16   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| MSC Industrial Direct Co Inc                             | MSC Industrial Direct Co Inc                            | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     73860 | NS      | $6108222.00   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Electronic Arts Inc                                      | Electronic Arts Inc                                     | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     42705 | NS      | $5495279.40   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortive Corp                                             | Fortive Corp                                            | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     86650 | NS      | $5894799.50   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| BP PLC                                                   | BP PLC                                                  | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    246189 | NS      | $8919427.47   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Vodafone Group PLC                                       | Vodafone Group PLC                                      | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |   9765239 | NS      | $11267257.48  | 0.93%             |  |  |  | No            | 2                  | On Loan: No      |
| Mid-America Apartment Communities Inc                    | Mid-America Apartment Communities Inc                   | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     32320 | NS      | $5388390.40   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Alcoa Corp                                               | Alcoa Corp                                              | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    115640 | NS      | $6041033.60   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Enterprise Products Partners LP                          | Enterprise Products Partners LP                         | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    833337 | NS      | $21333427.20  | 1.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Prudential PLC                                           | Prudential PLC                                          | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |    761530 | NS      | $12652860.06  | 1.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Kraft Heinz Co/The                                       | Kraft Heinz Co/The                                      | CUSIP: 500754106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    440290 | NS      | $17844953.70  | 1.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Delta Air Lines Inc                                      | Delta Air Lines Inc                                     | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     75350 | NS      | $2946185.00   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| SL Green Realty Corp                                     | SL Green Realty Corp                                    | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               |  | US        |    199985 | NS      | $8229382.75   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Las Vegas Sands Corp                                     | Las Vegas Sands Corp                                    | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    226143 | NS      | $13342437.00  | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Rogers Communications Inc                                | Rogers Communications Inc                               | CUSIP: 775109200<br>LEI: 54930030NVF3Y2OL0A78 | Long             | EC               | CORP              | CA        |     38070 | NS      | $1850925.03   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Credit Suisse Group AG                                   | Credit Suisse Group AG                                  | CUSIP: 000000000<br>LEI: 549300506SI9CRFV9Z86 | Long             | EC               | CORP              | CH        |   1737800 | NS      | $5986515.04   | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| Baxter International Inc                                 | Baxter International Inc                                | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    558731 | NS      | $25528419.39  | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| RenaissanceRe Holdings Ltd                               | RenaissanceRe Holdings Ltd                              | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     59787 | NS      | $11699718.03  | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Capital One Financial Corp                               | Capital One Financial Corp                              | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     47319 | NS      | $5630961.00   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Public Service Enterprise Group Inc                      | Public Service Enterprise Group Inc                     | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    223635 | NS      | $13849715.55  | 1.14%             |  |  |  | No            | 1                  | On Loan: No      |
| American International Group Inc                         | American International Group Inc                        | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    196119 | NS      | $12398643.18  | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CRH PLC                                                  | CRH PLC                                                 | CUSIP: 12626K203<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |     76410 | NS      | $3597382.80   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR S&P Software & Services ETF                         | SPDR S&P Software & Services ETF                        | CUSIP: 78464A599<br>LEI: 5493005QE6PTF3R7AJ47 | Long             | EC               | RF                | US        |     50310 | NS      | $6125745.60   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Woodside Energy Group Ltd                                | Woodside Energy Group Ltd                               | CUSIP: 980228308<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |    263580 | NS      | $6847808.40   | 0.56%             |  |  |  | No            | 1                  | On Loan: —       |
| Koninklijke Philips NV                                   | Koninklijke Philips NV                                  | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |    140497 | NS      | $2405308.64   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** BlackRock Mid-Cap Value Series, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer