# EDGAR Filing Document

**Accession Number:** 0001323737
**File Stem:** 0001410368-25-010218
**Filing Date:** 2025-9
**Character Count:** 346369
**Document Hash:** d8b0b9f91db0739fb2f83c9183398199
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010218.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010218

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Account Series
- **CENTRAL INDEX KEY:** 0001323737

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0412

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21763
- **FILM NUMBER:** 251338695

**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

## Series and Classes Contracts Data

### BlackRock GA Disciplined Volatility Equity Fund (Series ID: S000057851)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186831 | Class K       |  |
| C000206473 | Institutional |  |

## Nport-Ex

July 31, 2025

2025 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

---

| |
|:---|
| **Managed Account Series** |
| • BlackRock GA Disciplined Volatility Equity Fund |

---

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Consolidated Schedule of Investments (unaudited)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

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

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Brazil — 0.4%** | **Brazil — 0.4%** |  |
| MercadoLibre, Inc.<sup>(a)</sup> | 1437 | &nbsp;&nbsp; $3411280 |
| XP, Inc., Class A | 83150 | &nbsp;&nbsp; 1342041 |
|  |  | &nbsp;&nbsp; 4753321 |
| **Canada — 0.4%** | **Canada — 0.4%** |  |
| Constellation Software, Inc./Canada | 366 | &nbsp;&nbsp; 1262689 |
| Franco-Nevada Corp. | 663 | &nbsp;&nbsp; 105613 |
| Thomson Reuters Corp. | 15332 | &nbsp;&nbsp; 3077023 |
|  |  | &nbsp;&nbsp; 4445325 |
| **China — 9.7%** | **China — 9.7%** |  |
| AAC Technologies Holdings, Inc. | 22000 | &nbsp;&nbsp; 111236 |
| Airtac International Group | 118000 | &nbsp;&nbsp; 3356099 |
| Bank of China Ltd., Class H | 4977000 | &nbsp;&nbsp; 2872790 |
| Beijing Tong Ren Tang Co. Ltd., Class A | 407400 | &nbsp;&nbsp; 2032349 |
| Bestechnic Shanghai Co. Ltd., Class A | 88080 | &nbsp;&nbsp; 2925301 |
| Bethel Automotive Safety Systems Co. Ltd., Class A | 113920 | &nbsp;&nbsp; 741791 |
| Bilibili, Inc., Class Z<sup>(a)</sup> | 279040 | &nbsp;&nbsp; 6384176 |
| BOC Hong Kong Holdings Ltd. | 142000 | &nbsp;&nbsp; 637616 |
| Bosideng International Holdings Ltd. | 1680000 | &nbsp;&nbsp; 958769 |
| BYD Electronic International Co. Ltd. | 916500 | &nbsp;&nbsp; 3813552 |
| &nbsp;&nbsp;&nbsp; Changzhou Xingyu Automotive Lighting Systems Co. <br> Ltd., Class A<br>| 58400 | &nbsp;&nbsp; 958515 |
| China Hongqiao Group Ltd. | 95500 | &nbsp;&nbsp; 251919 |
| China Petroleum & Chemical Corp., Class H | 338000 | &nbsp;&nbsp; 198346 |
| &nbsp;&nbsp;&nbsp; China Resources Sanjiu Medical & Pharmaceutical Co. <br> Ltd., Class A<br>| 43000 | &nbsp;&nbsp; 186577 |
| China Tower Corp. Ltd., Class H<sup>(b)</sup> | 1694400 | &nbsp;&nbsp; 2370999 |
| China XD Electric Co. Ltd., Class A | 4435000 | &nbsp;&nbsp; 4024390 |
| CMOC Group Ltd., Class H | 1212000 | &nbsp;&nbsp; 1375781 |
| COSCO SHIPPING Holdings Co. Ltd., Class H | 477000 | &nbsp;&nbsp; 871927 |
| Eastroc Beverage Group Co. Ltd., Class A | 79790 | &nbsp;&nbsp; 3111058 |
| Geely Automobile Holdings Ltd. | 822000 | &nbsp;&nbsp; 1843760 |
| Giant Biogene Holding Co. Ltd.<sup>(b)</sup> | 90400 | &nbsp;&nbsp; 644619 |
| Goldwind Science & Technology Co. Ltd., Class A | 153000 | &nbsp;&nbsp; 204303 |
| Great Wall Motor Co. Ltd., Class A | 891533 | &nbsp;&nbsp; 2668216 |
| Guoyuan Securities Co. Ltd., Class A | 1635700 | &nbsp;&nbsp; 1923847 |
| Haidilao International Holding Ltd.<sup>(b)</sup> | 59000 | &nbsp;&nbsp; 104589 |
| Haier Smart Home Co. Ltd., Class H | 186200 | &nbsp;&nbsp; 586600 |
| Hangzhou First Applied Material Co. Ltd., Class A | 41600 | &nbsp;&nbsp; 84203 |
| Hengtong Optic-electric Co. Ltd., Class A | 325400 | &nbsp;&nbsp; 717276 |
| Hwatsing Technology Co. Ltd., Class A | 9217 | &nbsp;&nbsp; 140674 |
| Hygon Information Technology Co. Ltd., Class A | 254907 | &nbsp;&nbsp; 4897261 |
| JD.com, Inc., Class A | 363800 | &nbsp;&nbsp; 5734191 |
| Kingsoft Corp. Ltd. | 208200 | &nbsp;&nbsp; 946738 |
| Midea Group Co. Ltd., Class H | 56500 | &nbsp;&nbsp; 547441 |
| NetEase, Inc. | 295200 | &nbsp;&nbsp; 7717189 |
| Ningbo Sanxing Medical Electric Co. Ltd., Class A | 139700 | &nbsp;&nbsp; 434940 |
| PetroChina Co. Ltd., Class H | 4428000 | &nbsp;&nbsp; 4327180 |
| Pop Mart International Group Ltd.<sup>(b)</sup> | 299800 | &nbsp;&nbsp; 9351921 |
| SAIC Motor Corp. Ltd., Class A | 359800 | &nbsp;&nbsp; 854897 |
| Shanjin International Gold Co. Ltd., Class A | 3190400 | &nbsp;&nbsp; 7962540 |
| Shenzhou International Group Holdings Ltd. | 218400 | &nbsp;&nbsp; 1571773 |
| Sieyuan Electric Co. Ltd. | 41200 | &nbsp;&nbsp; 444990 |
| Sungrow Power Supply Co. Ltd., Class A | 47800 | &nbsp;&nbsp; 475941 |
| Tingyi Cayman Islands Holding Corp. | 184000 | &nbsp;&nbsp; 272000 |
| TravelSky Technology Ltd., Class H | 200000 | &nbsp;&nbsp; 317976 |
| Weichai Power Co. Ltd., Class H | 2210000 | &nbsp;&nbsp; 4684904 |
| Xiaomi Corp., Class B<sup>(a)(b)</sup> | 295400 | &nbsp;&nbsp; 1987437 |
| Yangzijiang Shipbuilding Holdings Ltd. | 2238300 | &nbsp;&nbsp; 4390264 |
| Yum China Holdings, Inc. | 128362 | &nbsp;&nbsp; 5991938 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **China (continued)** | **China (continued)** |  |
| Yunnan Yuntianhua Co. Ltd., Class A | 167500 | &nbsp;&nbsp; $571725 |
| Yutong Bus Co. Ltd., Class A | 443400 | &nbsp;&nbsp; 1530654 |
| Zhuzhou CRRC Times Electric Co. Ltd., Class A | 50890 | &nbsp;&nbsp; 307725 |
|  |  | &nbsp;&nbsp; 111422903 |
| **Finland — 0.1%** | **Finland — 0.1%** |  |
| Kone OYJ, Class B | 25077 | &nbsp;&nbsp; 1539940 |
| **France — 1.1%** | **France — 1.1%** |  |
| Air Liquide SA | 944 | &nbsp;&nbsp; 185719 |
| Hermes International SCA | 2107 | &nbsp;&nbsp; 5152643 |
| LVMH Moet Hennessy Louis Vuitton SE | 5360 | &nbsp;&nbsp; 2877311 |
| Safran SA | 7243 | &nbsp;&nbsp; 2388388 |
| Thales SA | 5884 | &nbsp;&nbsp; 1582759 |
|  |  | &nbsp;&nbsp; 12186820 |
| **Germany — 0.0%** | **Germany — 0.0%** |  |
| MTU Aero Engines AG, Class N | 290 | &nbsp;&nbsp; 125094 |
| Siemens Energy AG<sup>(a)</sup> | 1028 | &nbsp;&nbsp; 119020 |
|  |  | &nbsp;&nbsp; 244114 |
| **Hong Kong — 0.8%** | **Hong Kong — 0.8%** |  |
| Henderson Land Development Co. Ltd. | 74000 | &nbsp;&nbsp; 258946 |
| HKT Trust & HKT Ltd., Class SS | 2745000 | &nbsp;&nbsp; 4322215 |
| Orient Overseas International Ltd. | 35000 | &nbsp;&nbsp; 629730 |
| Techtronic Industries Co. Ltd. | 270000 | &nbsp;&nbsp; 3228565 |
| WH Group Ltd.<sup>(b)</sup> | 540000 | &nbsp;&nbsp; 540614 |
|  |  | &nbsp;&nbsp; 8980070 |
| **India — 3.8%** | **India — 3.8%** |  |
| Aditya Birla Capital Ltd.<sup>(a)</sup> | 22920 | &nbsp;&nbsp; 66780 |
| Bank of Baroda | 202063 | &nbsp;&nbsp; 545991 |
| Bharat Electronics Ltd. | 18838 | &nbsp;&nbsp; 81838 |
| Bharat Petroleum Corp. Ltd. | 1271975 | &nbsp;&nbsp; 4753288 |
| Canara Bank | 85337 | &nbsp;&nbsp; 103853 |
| Cipla Ltd./India | 4176 | &nbsp;&nbsp; 73749 |
| GAIL India Ltd. | 25645 | &nbsp;&nbsp; 51660 |
| Godrej Consumer Products Ltd. | 3752 | &nbsp;&nbsp; 53759 |
| HCL Technologies Ltd. | 203059 | &nbsp;&nbsp; 3385014 |
| Hero MotoCorp Ltd. | 746 | &nbsp;&nbsp; 36138 |
| Hindustan Aeronautics Ltd. | 53633 | &nbsp;&nbsp; 2760278 |
| Indus Towers Ltd.<sup>(a)</sup> | 65178 | &nbsp;&nbsp; 268798 |
| IndusInd Bank Ltd. | 4312 | &nbsp;&nbsp; 39121 |
| Infosys Ltd. | 390122 | &nbsp;&nbsp; 6634785 |
| InterGlobe Aviation Ltd.<sup>(a)(b)</sup> | 1403 | &nbsp;&nbsp; 94153 |
| ITC Ltd. | 1814770 | &nbsp;&nbsp; 8510717 |
| JSW Energy Ltd., Class A | 8479 | &nbsp;&nbsp; 49614 |
| Kotak Mahindra Bank Ltd. | 90324 | &nbsp;&nbsp; 2035031 |
| Maruti Suzuki India Ltd. | 336 | &nbsp;&nbsp; 48196 |
| Power Grid Corp. of India Ltd. | 233517 | &nbsp;&nbsp; 771953 |
| Reliance Industries Ltd. | 4354 | &nbsp;&nbsp; 68761 |
| Siemens Ltd. | 65316 | &nbsp;&nbsp; 2248913 |
| Tata Consultancy Services Ltd. | 259886 | &nbsp;&nbsp; 8962543 |
| UltraTech Cement Ltd. | 592 | &nbsp;&nbsp; 82426 |
| Vedanta Ltd. | 311179 | &nbsp;&nbsp; 1502795 |
|  |  | &nbsp;&nbsp; 43230154 |
| **Ireland — 0.2%** | **Ireland — 0.2%** |  |
| Kingspan Group PLC | 21384 | &nbsp;&nbsp; 1774698 |
| **Italy — 0.5%** | **Italy — 0.5%** |  |
| Ferrari NV | 13373 | &nbsp;&nbsp; 5864158 |
| PRADA SpA | 14100 | &nbsp;&nbsp; 76744 |
|  |  | &nbsp;&nbsp; 5940902 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Japan — 11.8%** | **Japan — 11.8%** |  |
| Advantest Corp. | 17100 | &nbsp;&nbsp; $1137134 |
| Asahi Kasei Corp. | 684900 | &nbsp;&nbsp; 4765366 |
| Bridgestone Corp. | 4200 | &nbsp;&nbsp; 169891 |
| Canon, Inc. | 331900 | &nbsp;&nbsp; 9426836 |
| Chubu Electric Power Co., Inc. | 19300 | &nbsp;&nbsp; 236053 |
| Dai-ichi Life Holdings, Inc. | 604300 | &nbsp;&nbsp; 4781332 |
| Daiichi Sankyo Co. Ltd. | 14500 | &nbsp;&nbsp; 355713 |
| ENEOS Holdings, Inc. | 1362900 | &nbsp;&nbsp; 7153361 |
| FUJIFILM Holdings Corp. | 39900 | &nbsp;&nbsp; 827615 |
| Idemitsu Kosan Co. Ltd. | 478400 | &nbsp;&nbsp; 3075448 |
| Japan Exchange Group, Inc. | 651900 | &nbsp;&nbsp; 6370613 |
| Japan Post Bank Co. Ltd. | 708500 | &nbsp;&nbsp; 7907777 |
| Japan Post Holdings Co. Ltd. | 379700 | &nbsp;&nbsp; 3516275 |
| Japan Post Insurance Co. Ltd. | 8000 | &nbsp;&nbsp; 204837 |
| Japan Tobacco, Inc. | 306700 | &nbsp;&nbsp; 8759235 |
| Kawasaki Kisen Kaisha Ltd. | 147500 | &nbsp;&nbsp; 2083716 |
| KDDI Corp. | 1035000 | &nbsp;&nbsp; 16986008 |
| Keyence Corp. | 19800 | &nbsp;&nbsp; 7162280 |
| LY Corp. | 1562200 | &nbsp;&nbsp; 5710098 |
| Murata Manufacturing Co. Ltd. | 481300 | &nbsp;&nbsp; 7163706 |
| Nexon Co. Ltd. | 125800 | &nbsp;&nbsp; 2301894 |
| Nippon Steel Corp. | 5400 | &nbsp;&nbsp; 103993 |
| Nippon Telegraph & Telephone Corp. | 2611700 | &nbsp;&nbsp; 2637455 |
| Nippon Yusen KK | 150900 | &nbsp;&nbsp; 5292028 |
| Nitori Holdings Co. Ltd. | 9400 | &nbsp;&nbsp; 796055 |
| Obayashi Corp. | 176800 | &nbsp;&nbsp; 2603425 |
| Olympus Corp. | 649800 | &nbsp;&nbsp; 7763191 |
| Osaka Gas Co. Ltd. | 35000 | &nbsp;&nbsp; 885547 |
| Otsuka Holdings Co. Ltd. | 43400 | &nbsp;&nbsp; 2066261 |
| SoftBank Corp. | 7800 | &nbsp;&nbsp; 11270 |
| SoftBank Group Corp. | 19100 | &nbsp;&nbsp; 1458456 |
| Suntory Beverage & Food Ltd. | 29200 | &nbsp;&nbsp; 881715 |
| Suzuki Motor Corp. | 110400 | &nbsp;&nbsp; 1213028 |
| Trend Micro, Inc./Japan | 139500 | &nbsp;&nbsp; 8506489 |
|  |  | &nbsp;&nbsp; 134314101 |
| **Netherlands — 0.6%** | **Netherlands — 0.6%** |  |
| Argenx SE, ADR<sup>(a)</sup> | 1917 | &nbsp;&nbsp; 1285023 |
| NXP Semiconductors NV | 24957 | &nbsp;&nbsp; 5335058 |
|  |  | &nbsp;&nbsp; 6620081 |
| **Norway — 0.0%** | **Norway — 0.0%** |  |
| Kongsberg Gruppen ASA | 3188 | &nbsp;&nbsp; 95267 |
| **South Africa — 0.0%** | **South Africa — 0.0%** |  |
| Vodacom Group Ltd. | 21822 | &nbsp;&nbsp; 166610 |
| **South Korea — 2.1%** | **South Korea — 2.1%** |  |
| HD Hyundai Heavy Industries Co. Ltd. | 1369 | &nbsp;&nbsp; 480463 |
| Krafton, Inc.<sup>(a)</sup> | 32658 | &nbsp;&nbsp; 7689513 |
| KT&G Corp. | 86250 | &nbsp;&nbsp; 8083679 |
| LG Corp. | 16357 | &nbsp;&nbsp; 928664 |
| NAVER Corp. | 41291 | &nbsp;&nbsp; 6949073 |
| Samsung Electronics Co. Ltd. | 1727 | &nbsp;&nbsp; 88015 |
|  |  | &nbsp;&nbsp; 24219407 |
| **Sweden — 0.0%** | **Sweden — 0.0%** |  |
| Assa Abloy AB, Class B | 5336 | &nbsp;&nbsp; 176569 |
| **Switzerland — 0.0%** | **Switzerland — 0.0%** |  |
| Alcon AG | 1383 | &nbsp;&nbsp; 121245 |
| **Taiwan — 2.0%** | **Taiwan — 2.0%** |  |
| Accton Technology Corp. | 142000 | &nbsp;&nbsp; 4193855 |
| Advantech Co. Ltd. | 98898 | &nbsp;&nbsp; 1100126 |
| ASE Technology Holding Co. Ltd. | 12000 | &nbsp;&nbsp; 58193 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Taiwan (continued)** | **Taiwan (continued)** |  |
| Asia Cement Corp. | 1167000 | &nbsp;&nbsp; $1577514 |
| Catcher Technology Co. Ltd. | 87000 | &nbsp;&nbsp; 614405 |
| Chunghwa Telecom Co. Ltd. | 242000 | &nbsp;&nbsp; 1045749 |
| Compal Electronics, Inc. | 229000 | &nbsp;&nbsp; 224100 |
| eMemory Technology, Inc. | 23000 | &nbsp;&nbsp; 1556974 |
| International Games System Co. Ltd. | 103000 | &nbsp;&nbsp; 2693211 |
| MediaTek, Inc. | 50000 | &nbsp;&nbsp; 2264228 |
| Realtek Semiconductor Corp. | 359000 | &nbsp;&nbsp; 6864389 |
| Taishin Financial Holding Co. Ltd. | 271000 | &nbsp;&nbsp; 147908 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 3000 | &nbsp;&nbsp; 115498 |
|  |  | &nbsp;&nbsp; 22456150 |
| **United Kingdom — 0.3%** | **United Kingdom — 0.3%** |  |
| AstraZeneca PLC | 22773 | &nbsp;&nbsp; 3322390 |
| NatWest Group PLC | 13778 | &nbsp;&nbsp; 95641 |
|  |  | &nbsp;&nbsp; 3418031 |
| **United States — 64.5%** | **United States — 64.5%** |  |
| Abbott Laboratories | 11471 | &nbsp;&nbsp; 1447525 |
| AbbVie, Inc. | 738 | &nbsp;&nbsp; 139497 |
| Accenture PLC, Class A | 42024 | &nbsp;&nbsp; 11224610 |
| Adobe, Inc.<sup>(a)</sup> | 24215 | &nbsp;&nbsp; 8661463 |
| Alphabet, Inc., Class C<sup>(c)</sup> | 40666 | &nbsp;&nbsp; 7842845 |
| Altria Group, Inc. | 153070 | &nbsp;&nbsp; 9481156 |
| Amazon.com, Inc.<sup>(a)</sup> | 45238 | &nbsp;&nbsp; 10590668 |
| Ameren Corp. | 871 | &nbsp;&nbsp; 88084 |
| American Water Works Co., Inc. | 16017 | &nbsp;&nbsp; 2246224 |
| Amgen, Inc. | 25530 | &nbsp;&nbsp; 7533903 |
| Amphenol Corp., Class A | 57749 | &nbsp;&nbsp; 6150846 |
| Analog Devices, Inc. | 441 | &nbsp;&nbsp; 99062 |
| Apple, Inc. | 714 | &nbsp;&nbsp; 148205 |
| Arch Capital Group Ltd. | 23260 | &nbsp;&nbsp; 2001756 |
| Archer-Daniels-Midland Co. | 17681 | &nbsp;&nbsp; 957957 |
| AT&T, Inc. | 608269 | &nbsp;&nbsp; 16672653 |
| Atmos Energy Corp. | 4622 | &nbsp;&nbsp; 720662 |
| Ball Corp. | 56164 | &nbsp;&nbsp; 3215951 |
| Bentley Systems, Inc., Class B | 1964 | &nbsp;&nbsp; 113873 |
| Best Buy Co., Inc. | 35473 | &nbsp;&nbsp; 2307873 |
| Booking Holdings, Inc. | 222 | &nbsp;&nbsp; 1221901 |
| Booz Allen Hamilton Holding Corp., Class A | 85196 | &nbsp;&nbsp; 9144087 |
| Broadcom, Inc. | 330 | &nbsp;&nbsp; 96921 |
| Brown & Brown, Inc. | 1492 | &nbsp;&nbsp; 136324 |
| Cadence Design Systems, Inc.<sup>(a)</sup> | 33498 | &nbsp;&nbsp; 12212366 |
| Capital One Financial Corp. | 846 | &nbsp;&nbsp; 181890 |
| Carvana Co., Class A<sup>(a)</sup> | 18397 | &nbsp;&nbsp; 7177958 |
| Cencora, Inc. | 4001 | &nbsp;&nbsp; 1144606 |
| CF Industries Holdings, Inc. | 119687 | &nbsp;&nbsp; 11110544 |
| Charter Communications, Inc., Class A<sup>(a)</sup> | 5643 | &nbsp;&nbsp; 1519998 |
| Chipotle Mexican Grill, Inc.<sup>(a)</sup> | 41424 | &nbsp;&nbsp; 1776261 |
| Chubb Ltd. | 24081 | &nbsp;&nbsp; 6406509 |
| Cisco Systems, Inc. | 44818 | &nbsp;&nbsp; 3051209 |
| Citigroup, Inc. | 1960 | &nbsp;&nbsp; 183652 |
| Coca-Cola Co. | 141119 | &nbsp;&nbsp; 9580569 |
| Consolidated Edison, Inc. | 103007 | &nbsp;&nbsp; 10661225 |
| Costco Wholesale Corp. | 9430 | &nbsp;&nbsp; 8860805 |
| Crowdstrike Holdings, Inc., Class A<sup>(a)</sup> | 2468 | &nbsp;&nbsp; 1121879 |
| Crown Castle, Inc. | 4429 | &nbsp;&nbsp; 465444 |
| Danaher Corp. | 14367 | &nbsp;&nbsp; 2832598 |
| DaVita, Inc.<sup>(a)</sup> | 27429 | &nbsp;&nbsp; 3850209 |
| Devon Energy Corp. | 3762 | &nbsp;&nbsp; 124974 |
| Digital Realty Trust, Inc. | 3138 | &nbsp;&nbsp; 553669 |
| Dillard's, Inc., Class A | 1273 | &nbsp;&nbsp; 594402 |
| Dollar General Corp. | 82280 | &nbsp;&nbsp; 8631172 |
| Duke Energy Corp. | 11681 | &nbsp;&nbsp; 1420877 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| eBay, Inc. | 31474 | &nbsp;&nbsp; $2887740 |
| Edison International | 80495 | &nbsp;&nbsp; 4195399 |
| Edwards Lifesciences Corp.<sup>(a)</sup> | 40413 | &nbsp;&nbsp; 3205155 |
| Electronic Arts, Inc. | 36421 | &nbsp;&nbsp; 5553838 |
| EMCOR Group, Inc. | 2798 | &nbsp;&nbsp; 1755717 |
| EOG Resources, Inc. | 27230 | &nbsp;&nbsp; 3268145 |
| Erie Indemnity Co., Class A | 27600 | &nbsp;&nbsp; 9832224 |
| Everest Group Ltd. | 7843 | &nbsp;&nbsp; 2633679 |
| Eversource Energy | 23151 | &nbsp;&nbsp; 1530281 |
| FactSet Research Systems, Inc. | 11940 | &nbsp;&nbsp; 4810626 |
| Fair Isaac Corp.<sup>(a)</sup> | 4120 | &nbsp;&nbsp; 5919286 |
| First Citizens BancShares, Inc., Class A | 277 | &nbsp;&nbsp; 552549 |
| Fiserv, Inc.<sup>(a)</sup> | 60363 | &nbsp;&nbsp; 8386835 |
| Ford Motor Co. | 244612 | &nbsp;&nbsp; 2707855 |
| Fortinet, Inc.<sup>(a)</sup> | 67388 | &nbsp;&nbsp; 6732061 |
| Fox Corp., Class A | 142213 | &nbsp;&nbsp; 7929797 |
| Gartner, Inc.<sup>(a)</sup> | 6713 | &nbsp;&nbsp; 2273357 |
| Gen Digital, Inc. | 59970 | &nbsp;&nbsp; 1768515 |
| General Dynamics Corp. | 456 | &nbsp;&nbsp; 142094 |
| General Electric Co. | 9825 | &nbsp;&nbsp; 2663361 |
| General Mills, Inc. | 18096 | &nbsp;&nbsp; 886342 |
| General Motors Co. | 10040 | &nbsp;&nbsp; 535534 |
| Gilead Sciences, Inc. | 80122 | &nbsp;&nbsp; 8996899 |
| Graco, Inc. | 17242 | &nbsp;&nbsp; 1447983 |
| HEICO Corp., Class A | 590 | &nbsp;&nbsp; 152273 |
| Hershey Co. | 25197 | &nbsp;&nbsp; 4689918 |
| Hewlett Packard Enterprise Co. | 53274 | &nbsp;&nbsp; 1102239 |
| Hilton Worldwide Holdings, Inc. | 32477 | &nbsp;&nbsp; 8706434 |
| Holcim AG | 21424 | &nbsp;&nbsp; 1708562 |
| Hormel Foods Corp. | 262892 | &nbsp;&nbsp; 7384636 |
| Howmet Aerospace, Inc. | 40236 | &nbsp;&nbsp; 7233226 |
| HP, Inc. | 332108 | &nbsp;&nbsp; 8236278 |
| HubSpot, Inc.<sup>(a)</sup> | 2274 | &nbsp;&nbsp; 1181684 |
| Incyte Corp.<sup>(a)</sup> | 53190 | &nbsp;&nbsp; 3983399 |
| Intuitive Surgical, Inc.<sup>(a)</sup> | 5821 | &nbsp;&nbsp; 2800425 |
| Jabil, Inc. | 38947 | &nbsp;&nbsp; 8691802 |
| Johnson & Johnson | 116246 | &nbsp;&nbsp; 19150365 |
| JPMorgan Chase & Co. | 30762 | &nbsp;&nbsp; 9112935 |
| Keurig Dr. Pepper, Inc. | 5358 | &nbsp;&nbsp; 174939 |
| Las Vegas Sands Corp. | 180779 | &nbsp;&nbsp; 9472820 |
| Liberty Media Corp.-Liberty Formula One, Class C<sup>(a)</sup> | 107853 | &nbsp;&nbsp; 10823049 |
| Lockheed Martin Corp. | 26218 | &nbsp;&nbsp; 11037254 |
| Marsh & McLennan Cos., Inc. | 20254 | &nbsp;&nbsp; 4034597 |
| Masimo Corp.<sup>(a)</sup> | 49120 | &nbsp;&nbsp; 7554165 |
| Mastercard, Inc., Class A | 12576 | &nbsp;&nbsp; 7123927 |
| McKesson Corp. | 18823 | &nbsp;&nbsp; 13054503 |
| Merck & Co., Inc. | 55156 | &nbsp;&nbsp; 4308787 |
| Meta Platforms, Inc., Class A | 16583 | &nbsp;&nbsp; 12825956 |
| Microchip Technology, Inc. | 1399 | &nbsp;&nbsp; 94558 |
| Micron Technology, Inc. | 646 | &nbsp;&nbsp; 70504 |
| Microsoft Corp.<sup>(c)</sup> | 21649 | &nbsp;&nbsp; 11549742 |
| Motorola Solutions, Inc. | 23117 | &nbsp;&nbsp; 10147901 |
| MSCI, Inc., Class A | 13639 | &nbsp;&nbsp; 7656389 |
| Nasdaq, Inc. | 2476 | &nbsp;&nbsp; 238241 |
| Netflix, Inc.<sup>(a)</sup> | 4092 | &nbsp;&nbsp; 4744265 |
| Northrop Grumman Corp. | 14740 | &nbsp;&nbsp; 8499231 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **United States (continued)** | **United States (continued)** |  |
| Nutanix, Inc., Class A<sup>(a)</sup> | 1259 | &nbsp;&nbsp; $94639 |
| NVIDIA Corp. | 28951 | &nbsp;&nbsp; 5149514 |
| Omnicom Group, Inc. | 115927 | &nbsp;&nbsp; 8352540 |
| Otis Worldwide Corp. | 98531 | &nbsp;&nbsp; 8443121 |
| PepsiCo, Inc. | 63953 | &nbsp;&nbsp; 8820398 |
| Philip Morris International, Inc. | 52755 | &nbsp;&nbsp; 8654458 |
| Pilgrim's Pride Corp. | 21118 | &nbsp;&nbsp; 1000782 |
| PNC Financial Services Group, Inc. | 1301 | &nbsp;&nbsp; 247541 |
| Principal Financial Group, Inc. | 82136 | &nbsp;&nbsp; 6392645 |
| Progressive Corp. | 65240 | &nbsp;&nbsp; 15790690 |
| Republic Services, Inc. | 7957 | &nbsp;&nbsp; 1835282 |
| ROBLOX Corp., Class A<sup>(a)</sup> | 55574 | &nbsp;&nbsp; 7657541 |
| Roper Technologies, Inc. | 3031 | &nbsp;&nbsp; 1668262 |
| Royalty Pharma PLC, Class A | 4338 | &nbsp;&nbsp; 159638 |
| S&P Global, Inc. | 12957 | &nbsp;&nbsp; 7140603 |
| Sanofi SA | 1154 | &nbsp;&nbsp; 103595 |
| Snowflake, Inc., Class A<sup>(a)</sup> | 24721 | &nbsp;&nbsp; 5525144 |
| Southern Co. | 3613 | &nbsp;&nbsp; 341356 |
| Spotify Technology SA<sup>(a)</sup> | 5612 | &nbsp;&nbsp; 3516142 |
| Sun Communities, Inc. | 20159 | &nbsp;&nbsp; 2500321 |
| Synopsys, Inc.<sup>(a)</sup> | 4115 | &nbsp;&nbsp; 2606729 |
| T Rowe Price Group, Inc. | 26677 | &nbsp;&nbsp; 2706382 |
| Take-Two Interactive Software, Inc.<sup>(a)</sup> | 13633 | &nbsp;&nbsp; 3036478 |
| Textron, Inc. | 110082 | &nbsp;&nbsp; 8561077 |
| T-Mobile U.S., Inc. | 68167 | &nbsp;&nbsp; 16251694 |
| Tractor Supply Co. | 63263 | &nbsp;&nbsp; 3602828 |
| Trane Technologies PLC | 16912 | &nbsp;&nbsp; 7408809 |
| TransDigm Group, Inc. | 4122 | &nbsp;&nbsp; 6630072 |
| Tyson Foods, Inc., Class A | 26266 | &nbsp;&nbsp; 1373712 |
| Universal Health Services, Inc., Class B | 34000 | &nbsp;&nbsp; 5659300 |
| Valero Energy Corp. | 4732 | &nbsp;&nbsp; 649751 |
| VeriSign, Inc. | 22687 | &nbsp;&nbsp; 6099854 |
| Verizon Communications, Inc. | 361191 | &nbsp;&nbsp; 15444527 |
| Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | 21217 | &nbsp;&nbsp; 9693411 |
| Vertiv Holdings Co., Class A | 49374 | &nbsp;&nbsp; 7188854 |
| Visa, Inc., Class A | 18693 | &nbsp;&nbsp; 6457871 |
| Warner Bros Discovery, Inc., Class A<sup>(a)</sup> | 606 | &nbsp;&nbsp; 7981 |
| Waste Management, Inc. | 11428 | &nbsp;&nbsp; 2618840 |
| Waters Corp.<sup>(a)</sup> | 26614 | &nbsp;&nbsp; 7685059 |
| Wells Fargo & Co. | 105837 | &nbsp;&nbsp; 8533637 |
| West Pharmaceutical Services, Inc. | 359 | &nbsp;&nbsp; 85894 |
| Workday, Inc., Class A<sup>(a)</sup> | 20982 | &nbsp;&nbsp; 4812851 |
| Yum! Brands, Inc. | 35109 | &nbsp;&nbsp; 5060962 |
| Zimmer Biomet Holdings, Inc. | 87564 | &nbsp;&nbsp; 8025241 |
| Zoetis, Inc., Class A | 46662 | &nbsp;&nbsp; 6802853 |
| Zoom Communications, Inc., Class A<sup>(a)</sup> | 51713 | &nbsp;&nbsp; 3829348 |
|  |  | &nbsp;&nbsp; 738095365 |
| **Total Long-Term Investments — 98.3%** <br>**(Cost: $1,053,564,226)** | **Total Long-Term Investments — 98.3%** <br>**(Cost: $1,053,564,226)** | &nbsp;&nbsp; 1124201073 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.7%** | **Money Market Funds — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional Shares, <br> 4.20%<sup>(d)(e)</sup><br>| 8207871 | &nbsp;&nbsp; $8207871 |
| **Total Short-Term Securities — 0.7%** <br>**(Cost: $8,207,871)** | **Total Short-Term Securities — 0.7%** <br>**(Cost: $8,207,871)** | &nbsp;&nbsp; 8207871 |
| **Investments Sold Short** | **Investments Sold Short** | **Investments Sold Short** |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Ireland — (0.2)%** | **Ireland — (0.2)%** |  |
| Smurfit WestRock PLC | (41915)<br>| &nbsp;&nbsp; (1860187)<br>|
| **Total Investments Sold Short — (0.2)%** <br>**(Proceeds: $(2118790))** | **Total Investments Sold Short — (0.2)%** <br>**(Proceeds: $(2118790))** | &nbsp;&nbsp; (1860187)<br>|
| **Total Investments — 98.8%** <br>**(Cost: $1,059,653,307)** | **Total Investments — 98.8%** <br>**(Cost: $1,059,653,307)** | &nbsp;&nbsp; 1130548757 |
| **Other Assets Less Liabilities — 1.2%** | **Other Assets Less Liabilities — 1.2%** | &nbsp;&nbsp; 13223027 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $1143771784 |

---

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

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

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(c)</sup> All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. 

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 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>*04/30/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*07/31/25*<br>| *Shares* <br>*Held at* <br>*07/31/25*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, T-Fund, Institutional Shares | $3910098<br> $4297773 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $8207871 | 8207871 | $215180 | $— |

---

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

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

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

**Forward Foreign Currency Exchange Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| CHF | 8008591 | USD | 9853586 | Royal Bank of Canada | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $59446 |
| MXN | 24947100 | USD | 1309289 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6883 |
| MXN | 18874330 | USD | 980128 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15654 |
| TRY | 60465500 | USD | 1399720 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33168 |
| USD | 3575610 | AUD | 5473244 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55407 |
| USD | 4272979 | BRL | 23555500 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113047 |
| USD | 3998872 | BRL | 22478500 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29139 |
| USD | 1126250 | BRL | 6347600 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5255 |
| USD | 3204241 | CAD | 4367300 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45079 |
| USD | 9028158 | CAD | 12288957 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138729 |
| USD | 4378357 | CHF | 3454500 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102378 |
| USD | 125460 | CHF | 99019 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2895 |
| USD | 4626186 | CHF | 3711900 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31597 |
| USD | 1210710 | CHF | 958000 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24897 |
| USD | 14538477 | CNY | 103739300 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36409 |
| USD | 3559834 | CNY | 25362900 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14268 |
| USD | 1318478 | CNY | 9396600 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4896 |
| USD | 1332193 | CNY | 9500000 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4156 |
| USD | 3164460 | CNY | 22541400 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13322 |
| USD | 2399466 | DKK | 15141900 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76665 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized*<br> *Appreciation*<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| USD | 13555526 | DKK | 87909106 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $70076 |
| USD | 2866403 | DKK | 18321100 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55906 |
| USD | 1621335 | DKK | 10454800 | Royal Bank of Canada | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17546 |
| USD | 672917 | EUR | 582486 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6245 |
| USD | 788674 | EUR | 687667 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1620 |
| USD | 253208 | EUR | 215312 | Deutsche Bank AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6778 |
| USD | 912670 | EUR | 793081 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4967 |
| USD | 15226556 | EUR | 13247006 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64991 |
| USD | 105533 | EUR | 91615 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677 |
| USD | 508736 | GBP | 373683 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15019 |
| USD | 576812 | GBP | 426123 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13811 |
| USD | 757177 | GBP | 558993 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18627 |
| USD | 11477087 | GBP | 8493361 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255521 |
| USD | 61262 | HKD | 478916 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13 |
| USD | 123405 | HKD | 964029 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114 |
| USD | 2383674 | HKD | 18621915 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2102 |
| USD | 2881891 | JPY | 423390064 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60484 |
| USD | 10430696 | JPY | 1500539030 | Brown Brothers, Harriman | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 431333 |
| USD | 3051788 | JPY | 435389943 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150416 |
| USD | 4698585 | JPY | 674941239 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200880 |
| USD | 196058 | JPY | 29064907 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2374 |
| USD | 3153286 | JPY | 455033095 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121015 |
| USD | 443495 | JPY | 64652456 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12660 |
| USD | 557863 | JPY | 82305703 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9391 |
| USD | 3159620 | JPY | 452126201 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146721 |
| USD | 572510 | JPY | 82691883 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21464 |
| USD | 8562634 | JPY | 1253235675 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 211263 |
| USD | 8652065 | JPY | 1258992266 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262333 |
| USD | 1313628 | KRW | 1810087700 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13283 |
| USD | 1144168 | KRW | 1580781900 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8553 |
| USD | 20190783 | KRW | 27429218600 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485959 |
| USD | 9997368 | NOK | 101010800 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224455 |
| USD | 1321074 | NOK | 13095100 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54108 |
| USD | 2784787 | PLN | 10396500 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12599 |
| USD | 1144891 | SEK | 10932200 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24967 |
| USD | 3068639 | SEK | 28843500 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113834 |
| USD | 141238 | SEK | 1340873 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3876 |
| USD | 1533069 | SEK | 14672700 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29958 |
| USD | 1853988 | SEK | 17631100 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47811 |
| USD | 1843213 | SGD | 2342300 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33119 |
| USD | 82502 | SGD | 105147 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1246 |
| USD | 2917384 | ZAR | 51406300 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103923 |
| USD | 1629533 | ZAR | 29315100 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25121 |
| USD | 1821474 | ZAR | 32535600 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40804 |
| USD | 107067 | ZAR | 1891256 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3559 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4204812 |
| AUD | 2976000 | USD | 1957524 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (43462)<br>|
| AUD | 2498600 | USD | 1638068 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31054)<br>|
| AUD | 6231500 | USD | 4079488 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (71601)<br>|
| CAD | 444451 | USD | 325839 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4338)<br>|
| CAD | 489334 | USD | 357984 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4016)<br>|
| CAD | 1416641 | USD | 1039119 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14367)<br>|
| CAD | 5896200 | USD | 4354836 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (89718)<br>|
| CAD | 3130000 | USD | 2300046 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (35907)<br>|
| CAD | 6186700 | USD | 4501661 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26405)<br>|
| CAD | 2894900 | USD | 2144412 | Royal Bank of Canada | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50336)<br>|
| CHF | 610998 | USD | 769052 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12758)<br>|
| CHF | 239139 | USD | 303402 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7396)<br>|
| CHF | 989500 | USD | 1234060 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9257)<br>|
| CHF | 2350000 | USD | 2968712 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59883)<br>|
| CHF | 2170000 | USD | 2743807 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57782)<br>|

---

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized*<br> *Appreciation*<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| EUR | 3689500 | USD | 4360070 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(137335)<br>|
| EUR | 2328300 | USD | 2741694 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (76890)<br>|
| EUR | 3508800 | USD | 4119497 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (103578)<br>|
| EUR | 2891100 | USD | 3343499 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34555)<br>|
| GBP | 823000 | USD | 1119709 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32348)<br>|
| GBP | 747430 | USD | 1005291 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17774)<br>|
| HKD | 1787727 | USD | 229000 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (366)<br>|
| HKD | 2798547 | USD | 358832 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (923)<br>|
| HKD | 17236300 | USD | 2204914 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (550)<br>|
| HKD | 20549000 | USD | 2630593 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2564)<br>|
| HKD | 35800700 | USD | 4582288 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3708)<br>|
| HKD | 1666190 | USD | 213780 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (689)<br>|
| HKD | 2333380 | USD | 298710 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (293)<br>|
| HKD | 8992513 | USD | 1152965 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2906)<br>|
| HKD | 522898 | USD | 67035 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (161)<br>|
| HKD | 749924 | USD | 96164 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (255)<br>|
| HKD | 786412 | USD | 100612 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37)<br>|
| HKD | 34045900 | USD | 4363388 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9230)<br>|
| HKD | 31956700 | USD | 4101690 | Royal Bank of Canada | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14722)<br>|
| HKD | 6215978 | USD | 797881 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2915)<br>|
| HKD | 2570972 | USD | 329564 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (760)<br>|
| HKD | 227863080 | USD | 29240019 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98423)<br>|
| IDR | 52446952000 | USD | 3214999 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40610)<br>|
| ILS | 13543200 | USD | 4041866 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53891)<br>|
| INR | 1384352447 | USD | 16106954 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (325266)<br>|
| INR | 370027300 | USD | 4316617 | Nomura International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98287)<br>|
| INR | 187104500 | USD | 2158715 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25715)<br>|
| JPY | 2247847587 | USD | 15674376 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (695064)<br>|
| JPY | 585534100 | USD | 4104931 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (203021)<br>|
| JPY | 628527100 | USD | 4376511 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (188103)<br>|
| JPY | 639785600 | USD | 4396722 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (133288)<br>|
| JPY | 644608800 | USD | 4394532 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98958)<br>|
| JPY | 672423800 | USD | 4598920 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (117991)<br>|
| JPY | 686400800 | USD | 4642605 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68535)<br>|
| JPY | 1197308047 | USD | 8181782 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (203105)<br>|
| JPY | 20985203 | USD | 147394 | Societe Generale | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7552)<br>|
| MYR | 15532100 | USD | 3687058 | Barclays Bank PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (43564)<br>|
| NOK | 11593400 | USD | 1141751 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20076)<br>|
| NZD | 1546100 | USD | 937368 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25135)<br>|
| PHP | 80451300 | USD | 1435221 | UBS AG | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (55114)<br>|
| SEK | 53014488 | USD | 5549656 | Royal Bank of Canada | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (118710)<br>|
| SGD | 1607400 | USD | 1259734 | Canadian Imperial Bank of Commerce | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17559)<br>|
| SGD | 9515363 | USD | 7439493 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (86164)<br>|
| THB | 108485700 | USD | 3345887 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14730)<br>|
| TWD | 65651500 | USD | 2311860 | Bank of America N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (109400)<br>|
| TWD | 56880700 | USD | 1987890 | BNP Paribas SA | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (79671)<br>|
| TWD | 70532700 | USD | 2412521 | Citibank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46307)<br>|
| TWD | 778562915 | USD | 26502014 | Morgan Stanley & Co. International PLC | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (382979)<br>|
| USD | 5812675 | BRL | 33097954 | Goldman Sachs International | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32467)<br>|
| ZAR | 20413200 | USD | 1144394 | JPMorgan Chase Bank N.A. | 09/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27182)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4377706)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(172894)<br>|

---

**Equity Swap contracts** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination* <br>*Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment* <br>*Frequency*<br>| *Value/ Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> |
| Admiral Group PLC | Citibank N.A. | $448284 | 02/26/26 | 0.25% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $2210 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination*<br> *Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) |
| Admiral Group PLC | JPMorgan Chase Bank N.A. | $767872 | 02/11/26 | 0.25% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $4649 |
| Adyen NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 971920 | 02/26/26 | 0.15% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (54315)<br>|
| Adyen NV | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5366109 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (332142)<br>|
| Alimentation Couche-Tard, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1514857 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (117051)<br>|
| Alimentation Couche-Tard, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2224095 | 02/09/26 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 64825 |
| Arab National Bank | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 831870 | 02/11/26 | 0.75% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (9231)<br>|
| &nbsp;&nbsp;&nbsp; Arabian Internet & Communications <br> Services Co.<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485102 | 02/11/26 | 0.75% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (44010)<br>|
| Argenx SE | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2358046 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 416454 |
| Argenx SE | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139467 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 33142 |
| ASML Holding NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4666726 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (86900)<br>|
| B3 SA - Brasil Bolsa Balcao | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 656947 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (28452)<br>|
| Banco Bilbao Vizcaya Argentaria SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3630483 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 244059 |
| Banco Bradesco SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 266996 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (3312)<br>|
| Banco de Sabadell SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2232437 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 136202 |
| Banco do Brasil SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5979691 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (116651)<br>|
| Banco do Brasil SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1951759 | 02/10/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (145360)<br>|
| Bankinter SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2423065 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 150991 |
| Banque Saudi Fransi | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1425396 | 02/11/26 | 0.75% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (77453)<br>|
| BB Seguridade Participacoes SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6764182 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (36719)<br>|
| BB Seguridade Participacoes SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 972555 | 02/10/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (74444)<br>|
| BCE, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6231408 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (250948)<br>|
| BCE, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2664693 | 02/09/26 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (62579)<br>|
| Beiersdorf AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118132 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (2941)<br>|
| Beiersdorf AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 186504 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (4336)<br>|
| British American Tobacco PLC | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2235468 | 02/26/26 | 0.25% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 66696 |
| CAE Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1029428 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (3725)<br>|
| Caixa Seguridade Participacoes S/A | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 718974 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 1404 |
| Caixa Seguridade Participacoes S/A | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 358504 | 02/10/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (28363)<br>|
| Carrefour SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 232616 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 1324 |
| CD Projekt SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1689651 | 02/26/26 | 0.50% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (90569)<br>|
| Coloplast A/S | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5145871 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (217322)<br>|
| Coloplast A/S | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3573352 | 02/11/26 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (140639)<br>|
| Deutsche Telekom AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 441186 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 2511 |
| Deutsche Telekom AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114365 | 02/11/26 | 0.05% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1316)<br>|
| Elia Group SA/NV, Class B | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3859191 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (186170)<br>|
| Elisa OYJ | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6099453 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (220265)<br>|
| Elisa OYJ | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1906222 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (119271)<br>|
| Empire Co., Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2131050 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (45393)<br>|
| Empire Co., Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 890512 | 02/09/26 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (29678)<br>|
| Eneva SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1367184 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (42730)<br>|
| Eneva SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 492553 | 02/10/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (14439)<br>|
| Etihad Etisalat Co. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2084826 | 02/11/26 | 0.75% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 41406 |
| Evolution Ab | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1981602 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 233262 |
| FirstRand Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90161 | 02/26/26 | 0.55% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (813)<br>|
| FirstService Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 389159 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (452)<br>|
| Geberit AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 271528 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1862)<br>|
| Geberit AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190739 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 786 |
| Genmab A/S | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304950 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (3103)<br>|
| Genmab A/S | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228878 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 1706 |
| GFL Environmental Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225467 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 12488 |
| &nbsp;&nbsp;&nbsp; Grupo Financiero Banorte SAB de <br> CV<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2496178 | 02/24/28 | 0.50% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 100400 |
| Harmony Gold Mining Co. Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3341052 | 02/26/26 | 0.55% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (380663)<br>|
| Harmony Gold Mining Co. Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 647536 | 02/11/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (30498)<br>|
| Inpost SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1493554 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (66319)<br>|
| Inpost SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213240 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (15279)<br>|
| J Sainsbury PLC | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1664073 | 02/26/26 | 0.25% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (29057)<br>|
| Jarir Marketing Co. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1947585 | 02/11/26 | 0.75% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 32027 |
| Kinross Gold Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4865480 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (111266)<br>|
| Kinross Gold Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1490189 | 02/09/26 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 78607 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination*<br> *Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) |
| Kongsberg Gruppen ASA | Citibank N.A. | $3076084 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $(120672)<br>|
| Koninklijke KPN NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1445879 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (109512)<br>|
| Koninklijke KPN NV | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1261402 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (80468)<br>|
| Lundin Gold Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 432554 | 02/24/28 | 0.20% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (7165)<br>|
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton <br> SE<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1192546 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (19612)<br>|
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton <br> SE<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1939149 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (94664)<br>|
| &nbsp;&nbsp;&nbsp; Mediobanca Banca di Credito <br> Finanziario SpA<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282082 | 02/26/26 | 0.12% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 3647 |
| Nestle SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 428841 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (44294)<br>|
| Nestle SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3345278 | 02/11/26 | 0.00% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (7562)<br>|
| Novartis AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 664842 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (11245)<br>|
| Novartis AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15620200 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (597815)<br>|
| Novo Nordisk A/S | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1933764 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (593963)<br>|
| Novo Nordisk A/S | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2721223 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (926620)<br>|
| Orange SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4240086 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (78629)<br>|
| Orsted A/S | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 633700 | 02/11/26 | 0.27% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 51498 |
| Partners Group Holding AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8362510 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (244303)<br>|
| Partners Group Holding AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 468480 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 7400 |
| Powszechny Zaklad Ubezpieczen SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1571644 | 02/11/26 | 0.50% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (36540)<br>|
| Prosus NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 614621 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (13658)<br>|
| Prosus NV | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3129402 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 68954 |
| Raia Drogasil SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87513 | 02/10/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (4137)<br>|
| Rolls-Royce Holdings PLC | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4632116 | 02/26/26 | 0.25% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 320067 |
| SAL Saudi Logistics Services | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 979840 | 02/11/26 | 0.75% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (69620)<br>|
| Sampo Oyj, Class A | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182649 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (5801)<br>|
| Sartorius AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89575 | 02/26/26 | 0.00% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1626)<br>|
| Saudi Arabian Oil Co. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1503062 | 02/11/26 | (0.50)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (44267)<br>|
| Saudi Awwal Bank | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4617859 | 02/11/26 | 0.35% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (242795)<br>|
| Sodexo SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 550021 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (17020)<br>|
| Sodexo SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1099128 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (20934)<br>|
| Swisscom AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2206869 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (43155)<br>|
| Swisscom AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 452465 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (5687)<br>|
| Symrise AG, Class A | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1881797 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (184428)<br>|
| Telefonica Brasil SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89165 | 02/24/28 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 853 |
| Telenor ASA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6203345 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (236855)<br>|
| Telenor ASA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 734413 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (3466)<br>|
| Telia Co. AB | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 398696 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (23371)<br>|
| Transurban Group | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6503614 | 02/25/26 | 0.30% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 16104 |
| Transurban Group | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2074466 | 02/10/26 | 0.25% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 6331 |
| Valterra Platinum, Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3954736 | 02/26/26 | 0.55% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (671417)<br>|
| Valterra Platinum, Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 938198 | 02/11/26 | 0.40% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (30568)<br>|
| Vestas Wind Systems A/S | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3538445 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (82973)<br>|
| Vestas Wind Systems A/S | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1017446 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 108677 |
| Wolters Kluwer NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 671634 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (22898)<br>|
| Wolters Kluwer NV | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 814354 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (34158)<br>|
| Zurich Insurance Group AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221336 | 02/26/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (5108)<br>|
| Zurich Insurance Group AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 837986 | 02/11/26 | 0.26% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (9909)<br>|
| Total long positions of equity swaps | Total long positions of equity swaps |  |  |  |  |  | &nbsp;&nbsp; (5764271)<br>|
| Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> | Short Contracts<sup>(b)</sup> |
| Alfa SAB de CV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3325184) | 02/24/28 | (0.55)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 148318 |
| Alfa SAB de CV | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1920692) | 02/10/26 | (0.50)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 61098 |
| &nbsp;&nbsp;&nbsp; Alibaba Health Information <br> Technology Ltd.<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (668584) | 02/25/26 | (8.50)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (35892)<br>|
| &nbsp;&nbsp;&nbsp; Alibaba Health Information <br> Technology Ltd.<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (48612) | 02/10/26 | (1.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (7201)<br>|
| Alstom SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (134982) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 6254 |
| Alstom SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1123499) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (17932)<br>|
| AppLovin Corp., Class A | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2169167) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (289117)<br>|

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination*<br> *Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) |
| Asics Corp. | Citibank N.A. | $(2337957) | 02/26/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $17590 |
| Avantor, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (79604) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (2568)<br>|
| Barratt Developments PLC | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (483907) | 02/26/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 6851 |
| Barratt Developments PLC | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (775967) | 02/11/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 36369 |
| Barry Callebaut AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2434658) | 02/26/26 | (1.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 179296 |
| Barry Callebaut AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4597527) | 02/11/26 | (0.57)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (162847)<br>|
| BASF SE | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1938034) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 75972 |
| BE Semiconductor Industries NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4295992) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 360324 |
| Beijer Ref AB, Class B | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (355560) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 971 |
| Beijer Ref AB, Class B | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44725) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1657)<br>|
| Beijing Enterprises Water Group Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1652313) | 02/25/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (3968)<br>|
| Beijing Enterprises Water Group Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (628896) | 02/10/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (69244)<br>|
| Block, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9415849) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 238752 |
| Brookfield Asset Management Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2442873) | 02/24/28 | (0.21)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (39241)<br>|
| Brookfield Asset Management Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5724730) | 02/09/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (665511)<br>|
| Burlington Stores, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3787480) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 60757 |
| Burlington Stores, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3718537) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (32752)<br>|
| &nbsp;&nbsp;&nbsp; C&D International Investment Group <br> Ltd.<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (650084) | 02/25/26 | (0.73)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 56355 |
| &nbsp;&nbsp;&nbsp; C&D International Investment Group <br> Ltd.<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3317540) | 02/10/26 | (0.32)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 137179 |
| Chesapeake Energy Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2331970) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (121035)<br>|
| Cloudflare Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1038307) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (93341)<br>|
| Cloudflare Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1888960) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (145681)<br>|
| Constellation Energy Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5322811) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (500031)<br>|
| Constellation Energy Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (796804) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (89145)<br>|
| Davide Campari-Milano NV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (643371) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 45088 |
| Davide Campari-Milano NV | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (186288) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 8624 |
| DiaSorin SpA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (171724) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 11683 |
| Disco Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5713611) | 02/26/26 | (0.10)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (49155)<br>|
| Dollar Tree, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (357968) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 3805 |
| Elevance Health Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (116388) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 3722 |
| Elevance Health Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3903238) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 129499 |
| Evolution Mining Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (413053) | 02/10/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 47040 |
| First Solar Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (267515) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 6469 |
| First Solar Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5249032) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (293054)<br>|
| Formosa Chemicals & Fibre Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (900555) | 02/25/26 | (0.65)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (98224)<br>|
| Formosa Chemicals & Fibre Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (92170) | 02/10/26 | (0.35)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (5788)<br>|
| Fujikura Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1234599) | 02/26/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (231661)<br>|
| Fujikura Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1047339) | 02/10/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (160969)<br>|
| Fujitsu Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1174338) | 02/26/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (12885)<br>|
| Gcl Technology Holdings Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2055853) | 02/25/26 | (1.00)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 187768 |
| Grifols SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (835110) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (67436)<br>|
| Grifols SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (194655) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (35016)<br>|
| Grupo Carso SAB de CV | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (167412) | 02/24/28 | (0.50)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 28 |
| Halliburton Co. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (406523) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 770 |
| Heidelberg Materials AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2096713) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1915)<br>|
| &nbsp;&nbsp;&nbsp; Hisense Home Appliances Group Co., <br> Ltd.<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (652913) | 02/25/26 | (8.00)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 39222 |
| &nbsp;&nbsp;&nbsp; Hisense Home Appliances Group Co., <br> Ltd.<br>| JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (332563) | 02/10/26 | (0.75)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 5643 |
| Humana, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (260305) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 7437 |
| IHI Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5658146) | 02/26/26 | (0.13)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (110133)<br>|
| Illumina, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (344268) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (11930)<br>|
| Impala Platinum Holdings Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1080904) | 02/11/26 | (0.40)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 12062 |
| Intel Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4381693) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 648581 |
| International Paper Co. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4471617) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 501942 |
| International Paper Co. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4329690) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 330289 |
| Ivanhoe Mines Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7292030) | 02/09/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (59893)<br>|
| JD Sports Fashion PLC | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (989392) | 02/26/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 30769 |
| JD Sports Fashion PLC | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61452) | 02/11/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 3854 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination*<br> *Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) |
| Kering SA | Citibank N.A. | $(4967986) | 02/26/26 | (0.10)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $(156544)<br>|
| Kering SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3666834) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (222112)<br>|
| &nbsp;&nbsp;&nbsp; Kingdee International Software Group <br> Co., Ltd.<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2027949) | 02/25/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (304667)<br>|
| KKR & Co., Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2617712) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 12106 |
| KKR & Co., Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (774395) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (48505)<br>|
| Kuaishou Technology | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1593292) | 02/25/26 | (0.05)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (70502)<br>|
| Kuaishou Technology | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (837203) | 02/10/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (131391)<br>|
| LG Energy Solution Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (490371) | 02/25/26 | (13.50)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (67292)<br>|
| Li Auto Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2524738) | 02/25/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 375080 |
| Li Auto Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1287505) | 02/10/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 45102 |
| Mitsubishi Heavy Industries Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (279328) | 02/26/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (9576)<br>|
| Mitsubishi Heavy Industries Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1460112) | 02/10/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (44101)<br>|
| MMG, Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9374295) | 02/25/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 626211 |
| MMG, Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57188) | 02/10/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 786 |
| NEC Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (243752) | 02/26/26 | (0.12)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (8948)<br>|
| NEC Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (135298) | 02/10/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (11153)<br>|
| Neste OYJ | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (828608) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (22597)<br>|
| Neste OYJ | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3395916) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (290162)<br>|
| &nbsp;&nbsp;&nbsp; New Oriental Education & Technology <br> Group Inc.<br>| Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2248567) | 02/25/26 | (0.28)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 118589 |
| Nibe Industrier AB | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (304755) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (5296)<br>|
| NIO Inc., Class A | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4798874) | 02/25/26 | (1.04)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (140375)<br>|
| NIO Inc., Class A | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (879080) | 02/10/26 | (1.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (231826)<br>|
| Novozymes A/S | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1926579) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 122359 |
| Nu Holdings Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1648401) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 73463 |
| Ono Pharmaceutical Co. Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1456069) | 02/26/26 | (0.10)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (60314)<br>|
| Pernod Ricard SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (259106) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 21916 |
| POSCO Future M Co. Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (350028) | 02/10/26 | (18.00)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (41833)<br>|
| Pou Chen Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1220385) | 02/25/26 | (0.35)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 34528 |
| PRIO SA | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2442474) | 02/24/28 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 43245 |
| PRIO SA | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (104466) | 02/10/26 | (0.40)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 3481 |
| Quanta Services, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (422607) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 5511 |
| Rivian Automotive, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2282077) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 193289 |
| Rivian Automotive, Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (990501) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 19614 |
| Sandoz Group AG | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8815109) | 02/26/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 167120 |
| Sandoz Group AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (123901) | 02/11/26 | (0.26)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (2944)<br>|
| Sasol Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2515627) | 02/11/26 | (0.40)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (8061)<br>|
| SBI Holdings, Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (222560) | 02/26/26 | 0.00% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 3387 |
| SGH Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7580153) | 02/10/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 138124 |
| Shiseido Co. Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (974991) | 02/26/26 | (0.10)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (26349)<br>|
| Sigma Healthcare Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5055033) | 02/10/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 161788 |
| Smurfit WestRock PLC | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6048978) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 243320 |
| Smurfit WestRock PLC | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (678010) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 39426 |
| Starbucks Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4284069) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 343821 |
| Sumitomo Metal Mining Co., Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1948162) | 02/26/26 | (0.14)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 162144 |
| Sumitomo Metal Mining Co., Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (847384) | 02/10/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 97344 |
| Super Micro Computer Inc. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2544256) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (464865)<br>|
| Super Micro Computer Inc. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5419583) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (1088110)<br>|
| Swatch Group AG | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (103024) | 02/11/26 | 0.00% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 978 |
| Taishin Financial Holding Co., Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (155797) | 02/10/26 | 0.00% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 7622 |
| Texas Pacific Land Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1125338) | 02/24/28 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (38354)<br>|
| Texas Pacific Land Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (321022) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 23806 |
| Tokyo Metro Co., Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5056563) | 02/26/26 | (0.10)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 62193 |
| Tokyo Metro Co., Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3471319) | 02/10/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 42606 |
| Toyota Industries Corp. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (230664) | 02/26/26 | (0.12)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 6105 |
| U-Haul Holding Co. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1826765) | 02/09/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 125013 |
| Unimicron Technology Corp. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (259615) | 02/10/26 | (1.50)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (35439)<br>|
| Wharf Holdings, Ltd. | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (748443) | 02/25/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 19576 |
| Wharf Holdings, Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (140160) | 02/10/26 | (0.33)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 12039 |
| Wise PLC, Class A | Citibank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (110478) | 02/26/26 | (0.25)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; 2364 |

---

Consolidated Schedule of Investments

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity Fund** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | &nbsp;&nbsp; *Termination*<br> *Date*<br>| *Spread* | *Reference Rate* | &nbsp;&nbsp; *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) | Short Contracts<sup>(b)</sup> (continued) |
| Xinyi Solar Holdings Ltd. | Citibank N.A. | $(3545602) | 02/25/26 | (0.15)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; $35937 |
| Xinyi Solar Holdings Ltd. | JPMorgan Chase Bank N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4448) | 02/10/26 | (0.30)% | 1D OBFR01 | Monthly  | &nbsp;&nbsp; (197)<br>|
| Total short positions of equity swaps | Total short positions of equity swaps | Total short positions of equity swaps |  |  |  |  | &nbsp;&nbsp; (146361)<br>|
| Total long and short positions of equity swaps | Total long and short positions of equity swaps | Total long and short positions of equity swaps |  |  |  |  | &nbsp;&nbsp; (5910632)<br>|
| Net dividends and financing fees | Net dividends and financing fees | Net dividends and financing fees |  |  |  |  | &nbsp;&nbsp; 893733 |
| Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees |  |  |  |  | &nbsp;&nbsp; $(5016899)<br>|

---

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

<sup>(a)</sup> The Fund receives the total return on a reference entity and pays a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying position. 

<sup>(b)</sup> The Fund pays the total return on a reference entity and receives a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying position. 

**Fair Value Hierarchy as of Period End**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 Consolidated 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp; $4753321 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $4753321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada | &nbsp;&nbsp; 4445325 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4445325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp; 5991938 | &nbsp;&nbsp;&nbsp;&nbsp; 105430965 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 111422903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1539940 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1539940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12186820 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12186820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 244114 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 244114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8980070 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8980070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 43230154 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 43230154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1774698 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1774698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5940902 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5940902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 134314101 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 134314101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp; 6620081 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6620081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Norway | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 95267 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 95267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp; 166610 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 166610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24219407 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24219407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 176569 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 176569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 121245 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 121245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22456150 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22456150 |

---

------

Consolidated Schedule of Investments (unaudited)(continued)

July 31, 2025

**BlackRock GA Disciplined Volatility Equity 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; Common Stocks (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $3418031 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $3418031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp; 736283208 | &nbsp;&nbsp;&nbsp;&nbsp; 1812157 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 738095365 |
| &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; 8207871 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8207871 |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments Sold Short  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; (1860187)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1860187)<br>|
|  | &nbsp;&nbsp; $764608167 | &nbsp;&nbsp;&nbsp;&nbsp; $365940590 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1130548757 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9902787 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9902787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4204812 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4204812 |
| &nbsp;&nbsp;&nbsp; Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14919686)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14919686)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4377706)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4377706)<br>|
|  | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(5189793)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $(5189793)<br>|

---

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

<sup>(a)</sup> Derivative financial instruments are swaps and forward foreign currency exchange contracts. Swaps and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

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

---

| | |
|:---|:---|
| **Currency Abbreviation**  | **Currency Abbreviation**  |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CNY | Chinese Yuan |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |
| HKD | Hong Kong Dollar |
| IDR | Indonesian Rupiah |
| ILS | Israeli Shekel |
| INR | Indian Rupee |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PHP | Philippine Peso |
| PLN | Polish Zloty |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| THB | Thai Baht |
| TRY | Turkish Lira |
| TWD | New Taiwan Dollar |

---

---

| | |
|:---|:---|
| **Currency Abbreviation (continued)** | **Currency Abbreviation (continued)** |
| USD | United States Dollar |
| ZAR | South African Rand |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| 1D OBFR01 | USD - 1D Overnight Bank Funding Rate |
| ADR | American Depositary Receipt |
| CD | Certificate of Deposit  |
| MSCI | Morgan Stanley Capital International |
| S&P | Standard & Poor's |
| SAB | Special Assessment Bonds |
| SCA | Societe en Commandite par Actions |

---

Consolidated Schedule of Investments

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Managed Account Series

- **b. Investment Company Act file number:** 811-21763

- **c. CIK number of Registrant:** 0001323737

- **d. LEI of Registrant:** 549300KJ2GS7UP2OCO54

- **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 GA Disciplined Volatility Equity Fund

- **b. EDGAR series identifier (if any):** S000057851

- **c. LEI of Series:** 549300SPAUVNNEG4N946

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1451408809.25

**Total Liabilities:** $309210032.64

**Net Assets:** $1142198776.61

**Cash Not Reported:** $29428126.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000206473 | 3.27%                | 2.18%                | -1.62%               |
| Class ID C000186831 | 3.34%                | 2.17%                | -1.67%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12429056.68             | $27169382.44                               |
| Month 2  | $16304704.01             | $18182829.18                               |
| Month 3  | $14791168.55             | $-21595979.77                              |

**Designated Index Information**

- **Index Name:** MSCI ACWI Minimum Volatility (USD) Index

- **Index Identifier:** MXWDMVOL

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HCL Technologies Ltd                                   | HCL Technologies Ltd                                    | CUSIP: 000000000<br>LEI: 549300C1F8OLYSOQYB65 | Long             | EC               | CORP              | IN        |    203059 | NS      | $3385014.32   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodacom Group Ltd                                      | Vodacom Group Ltd                                       | CUSIP: 000000000<br>LEI: 37890012A8DC24B8D663 | Long             | EC               | CORP              | ZA        |     21822 | NS      | $166609.69    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | ADYEN NV                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |       535 | OU      | $917605.57    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                              | Zijin Mining Group Co Ltd                               | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |     44000 | NS      | $116672.98    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Orient Overseas International Ltd                      | Orient Overseas Intl Ltd.                               | CUSIP: 000000000<br>LEI: 529900DQ426GJO276W95 | Long             | EC               | CORP              | BM        |     35000 | NS      | $629729.62    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | FORMOSA CHEMICALS   FIBRE CORP                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | TW        |    102000 | OU      | $-97957.23    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SANDOZ GROUP AG                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |    151218 | OU      | $-8647989.59  | -0.76%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | DAVIDE CAMPARI MILANO NV                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | IT        |     86861 | OU      | $-598283.44   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SUPER MICRO COMPUTER INC                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |    110356 | OU      | $-6507693.32  | -0.57%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | IHI CORP                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     51800 | OU      | $-5768278.28  | -0.51%            |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                    | LVMH Moet Hennessy Louis Vuitton SE                     | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      5360 | NS      | $2877311.05   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Jabil Inc                                              | Jabil Inc                                               | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     38947 | NS      | $8691801.99   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC Hong Kong Holdings Ltd                             | BOC Hong Kong Holdings Ltd                              | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |    142000 | NS      | $637616.12    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | RIVIAN AUTOMOTIVE INC CLASS A                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    162299 | OU      | $-2088788.13  | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| Cisco Systems Inc                                      | Cisco Systems Inc                                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     44818 | NS      | $3051209.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | KONINKLIJKE KPN NV                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | NL        |    264339 | OU      | $1180933.97   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Hygon Information Technology Co Ltd                    | Hygon Information Technology Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    254907 | NS      | $4897260.85   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | GRUPO CARSO SERIES A1                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | MX        |     23472 | OU      | $-167383.42   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | DEUTSCHE TELEKOM N AG                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DE        |      3152 | OU      | $113049.31    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED USD / SOLD HKD                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $114.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp                                            | Xiaomi Corp                                             | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |    352400 | NS      | $2370929.69   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Kone Oyj                                               | Kone Oyj                                                | CUSIP: 000000000<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |     25077 | NS      | $1539939.47   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Warner Bros Discovery Inc                              | Warner Bros Discovery Inc                               | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |       606 | NS      | $7981.02      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                                    | Dollar General Corp                                     | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     82280 | NS      | $8631172.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| eMemory Technology Inc                                 | eMemory Technology Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     15000 | NS      | $1015418.13   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp                                          | SoftBank Corp                                           | CUSIP: 000000000<br>LEI: 353800M1YCTS9JRBJ535 | Long             | EC               | CORP              | JP        |      7800 | NS      | $11269.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                                          | Accenture PLC                                           | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     42024 | NS      | $11224610.40  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningbo Sanxing Medical Electric Co Ltd                 | Ningbo Sanxing Medical Electric Co Ltd                  | CUSIP: 000000000<br>LEI: 300300F7H3O0GJJG4V34 | Long             | EC               | CORP              | CN        |    139700 | NS      | $434940.25    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | KONINKLIJKE KPN NV                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |    299131 | OU      | $1336367.16   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | TAISHIN FINANCIAL HOLDING                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | TW        |    271488 | OU      | $-148174.12   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| General Motors Co                                      | General Motors Co                                       | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     10040 | NS      | $535533.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc                                                 | XP Inc                                                  | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |     83150 | NS      | $1342041.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD SEK                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $47810.84     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | KINGDEE INT L SOFTWARE GROUP LTD                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |   1005000 | OU      | $-2332616.14  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BB SEGURIDADE SA                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |   1117827 | OU      | $6727463.80   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ALFA A                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | MX        |   2538440 | OU      | $-1859594.00  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | VESTAS WIND SYSTEMS                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DK        |    189257 | OU      | $3455471.28   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Hero MotoCorp Ltd                                      | Hero MotoCorp Ltd                                       | CUSIP: 000000000<br>LEI: 335800Q49FBMZJTRLK49 | Long             | EC               | CORP              | IN        |       746 | NS      | $36138.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhuzhou CRRC Times Electric Co Ltd                     | Zhuzhou CRRC Times Electric Co Ltd                      | CUSIP: 000000000<br>LEI: 529900PLNH7NQLN00B53 | Long             | EC               | CORP              | CN        |     50890 | NS      | $307724.78    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MSCI Inc                                               | MSCI Inc                                                | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     13639 | NS      | $7656389.04   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                             | Chipotle Mexican Grill Inc                              | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41424 | NS      | $1776261.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                   | Progressive Corp/The                                    | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     65240 | NS      | $15790689.60  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GAIL India Ltd                                         | GAIL India Ltd                                          | CUSIP: 000000000<br>LEI: 335800N82LJD42ZA5L32 | Long             | EC               | CORP              | IN        |     25645 | NS      | $51659.57     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| American Water Works Co Inc                            | American Water Works Co Inc                             | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     16017 | NS      | $2246224.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED SGD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | SG        |         1 | NC      | $-86163.87    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc                             | Vertex Pharmaceuticals Inc                              | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     21217 | NS      | $9693410.79   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | TELIA COMPANY                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | SE        |    106273 | OU      | $375325.44    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | GEBERIT AG                                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |       250 | OU      | $191524.59    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                      | Johnson & Johnson                                       | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    116246 | NS      | $19150366.04  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SIGMA HEALTHCARE LTD                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | AU        |   2649128 | OU      | $-4893245.38  | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NOVO NORDISK CLASS B                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DK        |     38587 | OU      | $1794602.89   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | HK        |         1 | NC      | $-760.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tingyi Cayman Islands Holding Corp                     | Tingyi Cayman Islands Holding Corp                      | CUSIP: 000000000<br>LEI: 5299009MPI9B60VN4P25 | Long             | EC               | CORP              | KY        |    184000 | NS      | $272000.38    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | JP        |         1 | NC      | $-7552.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                        | Philip Morris International Inc                         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     52755 | NS      | $8654457.75   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | COLOPLAST B                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DK        |     53963 | OU      | $4928549.53   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED EUR / SOLD USD                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | XX        |         1 | NC      | $-34554.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PERNOD RICARD SA                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |      2308 | OU      | $-237190.15   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NOVARTIS AG                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |      5739 | OU      | $653597.75    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | HK        |         1 | NC      | $-2905.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NIO CLASS A INC                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |   1031950 | OU      | $-4939248.58  | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BEIJING ENTERPRISES WATER GROUP LT                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |   4839735 | OU      | $-1656280.62  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED USD / SOLD SEK                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $24967.06     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                     | Valero Energy Corp                                      | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      4732 | NS      | $649750.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Wall Motor Co Ltd                                | Great Wall Motor Co Ltd                                 | CUSIP: 000000000<br>LEI: 254900CR8AHWTMFZHH60 | Long             | EC               | CORP              | CN        |    891533 | NS      | $2668215.88   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Amphenol Corp                                          | Amphenol Corp                                           | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     57749 | NS      | $6150845.99   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                       | Wells Fargo & Co                                        | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    105837 | NS      | $8533637.31   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED EUR / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |         1 | NC      | $-76890.39    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED AUD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | AU        |         1 | NC      | $-31054.17    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | DAVIDE CAMPARI MILANO NV                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | IT        |     25794 | OU      | $-177664.58   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PARTNERS GROUP HOLDING AG                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |       354 | OU      | $475880.96    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings Inc                          | Hilton Worldwide Holdings Inc                           | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     32477 | NS      | $8706434.16   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                                      | General Mills Inc                                       | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     18096 | NS      | $886342.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                            | HUMANA INC                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      1012 | OU      | $-252868.44   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | HK        |         1 | NC      | $-2564.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED MYR / SOLD USD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | MY        |         1 | NC      | $-43564.12    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-203104.74   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| InterGlobe Aviation Ltd                                | InterGlobe Aviation Ltd                                 | CUSIP: 000000000<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |      1403 | NS      | $94153.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                             | BURLINGTON STORES INC                                   | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |     13743 | OU      | $-3751289.28  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| AbbVie Inc                                             | AbbVie Inc                                              | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       738 | NS      | $139496.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SAIC Motor Corp Ltd                                    | SAIC Motor Corp Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    359800 | NS      | $854896.80    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | XINYI SOLAR HOLDINGS LTD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |     12000 | OU      | $-4645.49     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tractor Supply Co                                      | Tractor Supply Co                                       | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     63263 | NS      | $3602827.85   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Heavy Industries Co Ltd                     | HD Hyundai Heavy Industries Co Ltd                      | CUSIP: 000000000<br>LEI: 988400CAR8W9URQLGF30 | Long             | EC               | CORP              | KR        |      1369 | NS      | $480463.32    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Health Services Inc                          | Universal Health Services Inc                           | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     34000 | NS      | $5659300.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | CAIXA SEGURIDADE PARTICIPACOES SA                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BR        |    134154 | OU      | $330141.19    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED CHF / SOLD USD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | CH        |         1 | NC      | $-59882.80    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Ball Corp                                              | Ball Corp                                               | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     56164 | NS      | $3215950.64   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED EUR / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | XX        |         1 | NC      | $-103577.89   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Insurance Co Ltd                            | Japan Post Insurance Co Ltd                             | CUSIP: 000000000<br>LEI: 54930042SK2Z708BA841 | Long             | EC               | CORP              | JP        |      8000 | NS      | $204836.83    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Ltd                                            | Siemens Ltd                                             | CUSIP: 000000000<br>LEI: 335800HJQJFZ3CJLJ709 | Long             | EC               | CORP              | IN        |     65316 | NS      | $2248913.36   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | KERING SA                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | FR        |     15838 | OU      | $-3888945.91  | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | PURCHASED USD / SOLD DKK                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | US        |         1 | NC      | $17545.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BANCO BRADESCO PREF SA                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |     95075 | OU      | $263684.54    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | HK        |         1 | NC      | $-160.58      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | HK        |         1 | NC      | $-366.37      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | LI AUTO CLASS A INC                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    164200 | OU      | $-2149658.04  | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| IndusInd Bank Ltd                                      | IndusInd Bank Ltd                                       | CUSIP: 000000000<br>LEI: 335800JDVJ8HSXG9G512 | Long             | EC               | CORP              | IN        |      4312 | NS      | $39121.04     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Olympus Corp                                           | Olympus Corp                                            | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |    649800 | NS      | $7763190.95   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | FUJIKURA LTD                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     21600 | OU      | $-1466260.44  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingsoft Corp Ltd                                      | Kingsoft Corp Ltd                                       | CUSIP: 000000000<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | KY        |    208200 | NS      | $946738.34    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantest Corp                                         | Advantest Corp                                          | CUSIP: 000000000<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |     17100 | NS      | $1137134.49   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED MXN / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | MX        |         1 | NC      | $6883.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                                  | Costco Wholesale Corp                                   | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      9430 | NS      | $8860805.20   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                              | Holcim AG                                               | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     21424 | NS      | $1708562.28   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | GRIFOLS SA CLASS A                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ES        |     15414 | OU      | $-229670.59   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Everest Group Ltd                                      | Everest Group Ltd                                       | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      7843 | NS      | $2633679.40   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | JP        |         1 | NC      | $-695063.95   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Software Inc/Canada                      | Constellation Software Inc/Canada                       | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       366 | NS      | $1262689.43   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED NZD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | NZ        |         1 | NC      | $-25134.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Krafton Inc                                            | Krafton Inc                                             | CUSIP: 000000000<br>LEI: 988400CE024EWSCICK17 | Long             | EC               | CORP              | KR        |     29998 | NS      | $7063200.54   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED CHF / SOLD USD                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | CH        |         1 | NC      | $-57781.64    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| KT&G Corp                                              | KT&G Corp                                               | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |     86250 | NS      | $8083678.84   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED USD / SOLD ZAR                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $103923.28    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Tsusho Corp                                     | Toyota Tsusho Corp                                      | CUSIP: 000000000<br>LEI: 549300CEE2ENIUJNXB84 | Long             | EC               | CORP              | JP        |     21300 | NS      | $488160.56    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| eBay Inc                                               | eBay Inc                                                | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     31474 | NS      | $2887739.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                      | EOG Resources Inc                                       | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     27230 | NS      | $3268144.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                                 | Arch Capital Group Ltd                                  | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     23260 | NS      | $2001755.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bestechnic Shanghai Co Ltd                             | Bestechnic Shanghai Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     88080 | NS      | $2925300.99   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NESTE                                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | FI        |    233553 | OU      | $-3686078.46  | -0.32%            |  |  |  | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                  | Micron Technology Inc                                   | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       646 | NS      | $70504.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                            | Infosys Ltd                                             | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    337874 | NS      | $5746205.65   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | HARMONY GOLD MINING COMPANY LIMITE                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ZA        |     46084 | OU      | $617038.25    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Vedanta Ltd                                            | Vedanta Ltd                                             | CUSIP: 000000000<br>LEI: 335800XDKX9KB5EMCO07 | Long             | EC               | CORP              | IN        |    311179 | NS      | $1502795.32   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Consumer Products Ltd                           | Godrej Consumer Products Ltd                            | CUSIP: 000000000<br>LEI: 335800P4GUWLGZFK2D63 | Long             | EC               | CORP              | IN        |      3752 | NS      | $53759.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | WISE PLC CLASS A                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |      8093 | OU      | $-108114.22   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HubSpot Inc                                            | HubSpot Inc                                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      2274 | NS      | $1181684.10   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                          | Citigroup Inc                                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      1960 | NS      | $183652.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | GPO FINANCE BANORTE                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | MX        |    291366 | OU      | $2596578.42   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubb Ltd                                              | Chubb Ltd                                               | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     24081 | NS      | $6406509.24   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hwatsing Technology Co Ltd                             | Hwatsing Technology Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9217 | NS      | $140674.37    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ORANGE SA                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |    273581 | OU      | $4161457.39   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | DIASORIN                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | IT        |      1637 | OU      | $-160041.30   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Omnicom Group Inc                                      | Omnicom Group Inc                                       | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |    115927 | NS      | $8352540.35   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                             | Samsung Electronics Co Ltd                              | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      1727 | NS      | $88014.72     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc/The                   | PNC Financial Services Group Inc/The                    | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      1301 | NS      | $247541.27    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $21463.73     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | VALTERRA PLATINUM LTD                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | ZA        |     73109 | OU      | $3283318.63   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED MXN / SOLD USD                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | MX        |         1 | NC      | $15653.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Spotify Technology SA                                  | Spotify Technology SA                                   | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      5612 | NS      | $3516142.48   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                                  | General Dynamics Corp                                   | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       456 | NS      | $142094.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | RAIA DROGASIL                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BR        |     34660 | OU      | $83376.38     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-98957.82    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | GENMAB                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DK        |      1402 | OU      | $301846.99    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd                              | Kawasaki Kisen Kaisha Ltd                               | CUSIP: 000000000<br>LEI: 353800FL04R73DS5P870 | Long             | EC               | CORP              | JP        |    147500 | NS      | $2083716.15   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| DaVita Inc                                             | DaVita Inc                                              | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     27429 | NS      | $3850208.73   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | FUJITSU LTD                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     54500 | OU      | $-1187223.47  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD GBP                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $255521.43    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Indus Towers Ltd                                       | Indus Towers Ltd                                        | CUSIP: 000000000<br>LEI: 335800L6DI4VHODGDK41 | Long             | EC               | CORP              | IN        |     65178 | NS      | $268797.85    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Changzhou Xingyu Automotive Lighting Systems Co Ltd    | Changzhou Xingyu Automotive Lighting Systems Co Ltd     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     58400 | NS      | $958514.89    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | TAISHIN FINANCIAL HOLDIN PRE                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | TW        |     70700 | OU      | $-21152.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | FIRSTRAND LTD                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | ZA        |     21040 | OU      | $89347.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consultancy Services Ltd                          | Tata Consultancy Services Ltd                           | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |    259886 | NS      | $8962543.32   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Taishin Financial Holding Co Ltd                       | Taishin Financial Holding Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    271000 | NS      | $147907.77    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pop Mart International Group Ltd                       | Pop Mart International Group Ltd                        | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | KY        |    253800 | NS      | $7917003.06   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                      | Atmos Energy Corp                                       | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      4622 | NS      | $720662.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | WHARF (HOLDINGS) LTD                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    256000 | OU      | $-728866.24   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BARRATT REDROW PLC                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | GB        |    150189 | OU      | $-739598.16   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | TOKYO METRO LTD                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |    463500 | OU      | $-4994370.06  | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| Fox Corp                                               | Fox Corp                                                | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    142213 | NS      | $7929796.88   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED USD / SOLD ZAR                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $40804.48     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Communities Inc                                    | Sun Communities Inc                                     | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |     20159 | NS      | $2500320.77   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                                             | Carvana Co                                              | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     18397 | NS      | $7177957.49   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                            | CONSTELLATION ENERGY CORP                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     16740 | OU      | $-5822841.60  | -0.51%            |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co Ltd                                   | Weichai Power Co Ltd                                    | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |   2349000 | NS      | $4979565.20   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BARRATT REDROW PLC                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |     96875 | OU      | $-477056.05   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                                | Reliance Industries Ltd                                 | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |      4354 | NS      | $68760.48     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ALIBABA HEALTH INFORMATION TECH LT                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |   1136000 | OU      | $-704476.72   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | KUAISHOU TECHNOLOGY                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |     99200 | OU      | $-968593.88   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | HK        |         1 | NC      | $-255.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bosideng International Holdings Ltd                    | Bosideng International Holdings Ltd                     | CUSIP: 000000000<br>LEI: 254900G7F1RDM4B3S169 | Long             | EC               | CORP              | KY        |   1680000 | NS      | $958769.37    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                            | PepsiCo Inc                                             | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     63953 | NS      | $8820397.76   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BROOKFIELD ASSET MANAGEMENT VOTING                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CA        |    103632 | OU      | $-6390241.11  | -0.56%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | CAE INC                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |     35971 | OU      | $1025703.10   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NEW ORIENTAL EDUCATION   TECHNOLOG                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    480300 | OU      | $-2129978.15  | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | BURLINGTON STORES INC                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     13653 | OU      | $-3726722.88  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                              | Thales SA                                               | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |      5884 | NS      | $1582758.67   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED TWD / SOLD USD                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | TW        |         1 | NC      | $-79670.82    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | PURCHASED CHF / SOLD USD                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | CH        |         1 | NC      | $59445.86     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | GFL ENVIRONMENTAL SUBORDINATE VOTI                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |      4725 | OU      | $237955.04    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Chunghwa Telecom Co Ltd                                | Chunghwa Telecom Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    242000 | NS      | $1045749.40   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SODEXO SA                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |      8962 | OU      | $533001.04    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexon Co Ltd                                           | Nexon Co Ltd                                            | CUSIP: 000000000<br>LEI: 5299005SFO0GAJFLKN43 | Long             | EC               | CORP              | JP        |    136900 | NS      | $2505002.15   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Compal Electronics Inc                                 | Compal Electronics Inc                                  | CUSIP: 000000000<br>LEI: 529900ZPKWFDL21LW166 | Long             | EC               | CORP              | TW        |    229000 | NS      | $224099.95    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Microchip Technology Inc                               | Microchip Technology Inc                                | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      1399 | NS      | $94558.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | CA        |         1 | NC      | $-89718.11    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Visa Inc                                               | Visa Inc                                                | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     18693 | NS      | $6457870.71   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co                          | Hewlett Packard Enterprise Co                           | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     53274 | NS      | $1102239.06   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                                        | Southern Co/The                                         | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      3613 | NS      | $341356.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD GBP                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $18626.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD EUR                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $64990.63     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co Ltd                          | ASE Technology Holding Co Ltd                           | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |     12000 | NS      | $58192.62     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Zoetis Inc                                             | Zoetis Inc                                              | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     46662 | NS      | $6802852.98   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Canon Inc                                              | Canon Inc                                               | CUSIP: 000000000<br>LEI: 529900JH1GSC035SSP77 | Long             | EC               | CORP              | JP        |    331900 | NS      | $9426836.41   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Zimmer Biomet Holdings Inc                             | Zimmer Biomet Holdings Inc                              | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     87564 | NS      | $8025240.60   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                            | ELEVANCE HEALTH INC                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |       398 | OU      | $-112665.84   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Holdings Co Ltd                                 | Otsuka Holdings Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     43400 | NS      | $2066260.99   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co                              | Archer-Daniels-Midland Co                               | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     17681 | NS      | $957956.58    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SASOL LTD                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ZA        |    490599 | OU      | $-2523688.09  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | THE SWATCH GROUP AG                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |       577 | OU      | $-102046.61   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NTT Inc                                                | NTT Inc                                                 | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |   2611700 | NS      | $2637455.02   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| NXP Semiconductors NV                                  | NXP Semiconductors NV                                   | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     24957 | NS      | $5335057.89   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HKT Trust & HKT Ltd                                    | HKT Trust & HKT Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |   2745000 | NS      | $4322214.76   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | STARBUCKS CORP                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     44193 | OU      | $-3940247.88  | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| Fiserv Inc                                             | Fiserv Inc                                              | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     60363 | NS      | $8386835.22   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                   | Edison International                                    | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     80495 | NS      | $4195399.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | B3 BRASIL BOLSA BALCAO SA                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |    279753 | OU      | $628495.64    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | TRANSURBAN GROUP STAPLED UNITS                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | AU        |    736706 | OU      | $6519717.22   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ELIA GROUP SA                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BE        |     31836 | OU      | $3673021.29   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BANCO BILBAO VIZCAYA ARGENTARIA SA                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ES        |    232311 | OU      | $3874542.31   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BB SEGURIDADE SA                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BR        |    149229 | OU      | $898110.97    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED PHP / SOLD USD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | PH        |         1 | NC      | $-55113.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                           | MediaTek Inc                                            | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     50000 | NS      | $2264228.23   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | UNIMICRON TECHNOLOGY CORP                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | TW        |     65000 | OU      | $-295054.13   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Sungrow Power Supply Co Ltd                            | Sungrow Power Supply Co Ltd                             | CUSIP: 000000000<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |     47800 | NS      | $475940.60    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ALSTOM SA                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |      5488 | OU      | $-128728.30   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                   | Lockheed Martin Corp                                    | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     26218 | NS      | $11037253.64  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | ONO PHARMACEUTICAL LTD                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |    135600 | OU      | $-1516383.56  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                      | NatWest Group PLC                                       | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |     13778 | NS      | $95641.04     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ETIHAD ETISALAT                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |    130322 | OU      | $2126231.35   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichi Sankyo Co Ltd                                  | Daiichi Sankyo Co Ltd                                   | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |    110800 | NS      | $2718136.72   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanjin International Gold Co Ltd                      | Shanjin International Gold Co Ltd                       | CUSIP: 000000000<br>LEI: 655600QGA2EHH1HUDW82 | Long             | EC               | CORP              | CN        |   3190400 | NS      | $7962539.61   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-188102.77   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | GRIFOLS SA CLASS A                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | ES        |     60573 | OU      | $-902545.52   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| LY Corp                                                | LY Corp                                                 | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |   1441200 | NS      | $5267823.06   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BCE INC                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CA        |    111556 | OU      | $2602114.55   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PROSUS NV CLASS N                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |     10520 | OU      | $600962.77    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Workday Inc                                            | Workday Inc                                             | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     20982 | NS      | $4812851.16   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | DOLLAR TREE INC                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      3119 | OU      | $-354162.45   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BARRY CALLEBAUT AG                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |      1852 | OU      | $-2255362.73  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd                                                | ITC Ltd                                                 | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |   1814770 | NS      | $8510716.76   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ELISA                                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FI        |    114264 | OU      | $5879187.42   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NIO CLASS A INC                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |    232100 | OU      | $-1110906.14  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BEIJER REF CLASS B                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | SE        |     21123 | OU      | $-354589.59   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BCE INC                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |    256390 | OU      | $5980459.58   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| PRADA SpA                                              | PRADA SpA                                               | CUSIP: 000000000<br>LEI: 8156000FE0A2DC5B7852 | Long             | EC               | CORP              | IT        |     14100 | NS      | $76744.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED USD / SOLD ZAR                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $25120.91     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp                                         | Microsoft Corp                                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     21649 | NS      | $11549741.50  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | HK        |         1 | NC      | $-689.46      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                        | Tyson Foods Inc                                         | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     26266 | NS      | $1373711.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | COLOPLAST B                                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DK        |     37585 | OU      | $3432713.79   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Bank Co Ltd                                 | Japan Post Bank Co Ltd                                  | CUSIP: 000000000<br>LEI: 5493006JVO6N2HC2XZ76 | Long             | EC               | CORP              | JP        |    760900 | NS      | $8492628.60   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | JD SPORTS FASHION PLC                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | GB        |     51312 | OU      | $-57597.02    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | JD SPORTS FASHION PLC                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |    854018 | OU      | $-958623.51   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Vertiv Holdings Co                                     | Vertiv Holdings Co                                      | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     49374 | NS      | $7188854.40   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America NA                                     | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | HK        |         1 | NC      | $-923.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | HARMONY GOLD MINING COMPANY LIMITE                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | ZA        |    221099 | OU      | $2960388.44   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings Inc                             | Dai-ichi Life Holdings Inc                              | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |    640000 | NS      | $5063796.80   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SGH LTD                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | AU        |    227534 | OU      | $-7442028.78  | -0.65%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | KINROSS GOLD CORP                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |    297133 | OU      | $4754213.78   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PETRO RIO SA                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |    318431 | OU      | $-2399229.20  | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SWISSCOM AG                                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |       643 | OU      | $446778.47    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | PURCHASED SEK / SOLD USD                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | SE        |         1 | NC      | $-118710.12   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                                 | Trane Technologies PLC                                  | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     16912 | NS      | $7408808.96   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED GBP / SOLD USD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | GB        |         1 | NC      | $-32347.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BASF N                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |     37994 | OU      | $-1862062.19  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                            | NVIDIA Corp                                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     28951 | NS      | $5149514.37   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | RIVIAN AUTOMOTIVE INC CLASS A                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     75438 | OU      | $-970887.06   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Best Buy Co Inc                                        | Best Buy Co Inc                                         | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     35473 | NS      | $2307873.38   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                              | Adobe Inc                                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     24215 | NS      | $8661463.35   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | U HAUL NON VOTING SERIES N                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     32726 | OU      | $-1701752.00  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SAINSBURY(J) PLC                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |    408898 | OU      | $1635016.35   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD EUR                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $677.42       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SAUDI AWWAL BANK                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |    507553 | OU      | $4375063.70   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED NOK / SOLD USD                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | NO        |         1 | NC      | $-20075.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Take-Two Interactive Software Inc                      | Take-Two Interactive Software Inc                       | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     13633 | NS      | $3036478.09   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | PURCHASED USD / SOLD DKK                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $70075.89     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of China Ltd                                      | Bank of China Ltd                                       | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |   4977000 | NS      | $2872790.34   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Waste Management Inc                                   | Waste Management Inc                                    | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     11428 | NS      | $2618840.48   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD BRL                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $5255.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | FUJIKURA LTD                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | JP        |     17800 | OU      | $-1208307.22  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Electronics Ltd                                 | Bharat Electronics Ltd                                  | CUSIP: 000000000<br>LEI: 335800HS8AOTM9W1F335 | Long             | EC               | CORP              | IN        |     18838 | NS      | $81837.88     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SMURFIT WESTROCK PLC                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    130817 | OU      | $-5805658.46  | -0.51%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED AUD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | AU        |         1 | NC      | $-71601.35    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Alphabet Inc                                           | Alphabet Inc                                            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     40666 | NS      | $7842844.76   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | SWISSCOM AG                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |      3114 | OU      | $2163714.08   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | LVMH                                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | FR        |      3436 | OU      | $1844485.22   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD CAD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $45079.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | DEUTSCHE TELEKOM N AG                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |     12371 | OU      | $443697.02    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Cipla Ltd/India                                        | Cipla Ltd/India                                         | CUSIP: 000000000<br>LEI: 335800KMJJYEDDK82Q34 | Long             | EC               | CORP              | IN        |      4176 | NS      | $73749.02     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ENEVA SA                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BR        |    199050 | OU      | $478113.87    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd                         | COSCO SHIPPING Holdings Co Ltd                          | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |    477000 | NS      | $871927.44    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED TRY / SOLD USD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | TR        |         1 | NC      | $33167.66     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | TOKYO METRO LTD                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | JP        |    318200 | OU      | $-3428713.17  | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| Crown Castle Inc                                       | Crown Castle Inc                                        | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      4429 | NS      | $465443.61    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | TELENOR                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | NO        |     47647 | OU      | $730947.75    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                                    | MTU Aero Engines AG                                     | CUSIP: 000000000<br>LEI: 529900807L67JY81RD65 | Long             | EC               | CORP              | DE        |       290 | NS      | $125093.88    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EMCOR Group Inc                                        | EMCOR Group Inc                                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2798 | NS      | $1755717.02   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Grid Corp of India Ltd                           | Power Grid Corp of India Ltd                            | CUSIP: 000000000<br>LEI: 3358009SHWZ3DZEQ4Z56 | Long             | EC               | CORP              | IN        |    233517 | NS      | $771952.86    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED INR / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | IN        |         1 | NC      | $-325265.79   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Suntory Beverage & Food Ltd                            | Suntory Beverage & Food Ltd                             | CUSIP: 000000000<br>LEI: 549300FONLMVK7YYYH41 | Long             | EC               | CORP              | JP        |     29200 | NS      | $881715.08    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | EVOLUTION                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | SE        |     10984 | OU      | $977148.17    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ALFA A                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | MX        |   4336582 | OU      | $-3176865.27  | -0.28%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | EVOLUTION                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SE        |     24897 | OU      | $2214863.26   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Gartner Inc                                            | Gartner Inc                                             | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      6713 | NS      | $2273357.45   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                               | Marsh & McLennan Cos Inc                                | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     20254 | NS      | $4034596.80   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp                                   | Pilgrim's Pride Corp                                    | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     21118 | NS      | $1000782.02   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc                          | Principal Financial Group Inc                           | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     82136 | NS      | $6392644.88   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | PURCHASED USD / SOLD CNY                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $4895.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| China Petroleum & Chemical Corp                        | China Petroleum & Chemical Corp                         | CUSIP: 000000000<br>LEI: 529900A2OB24EZ5B3J19 | Long             | EC               | CORP              | CN        |    338000 | NS      | $198345.94    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $262333.17    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Aeronautics Ltd                              | Hindustan Aeronautics Ltd                               | CUSIP: 000000000<br>LEI: 335800AKDC7T933T3I86 | Long             | EC               | CORP              | IN        |     51767 | NS      | $2664242.36   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ORSTED                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DK        |     14538 | OU      | $685197.70    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                                       | Coca-Cola Co/The                                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    141119 | NS      | $9580568.91   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                                           | Fortinet Inc                                            | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     67388 | NS      | $6732061.20   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                              | BlackRock Liquidity Funds: T-Fund, Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  12216519 | NS      | $12216518.64  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomson Reuters Corp                                   | Thomson Reuters Corp                                    | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |     15332 | NS      | $3077022.63   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SUMITOMO METAL MINING LTD                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | JP        |     34100 | OU      | $-750039.58   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd                           | Techtronic Industries Co Ltd                            | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |    270000 | NS      | $3228565.07   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Yutong Bus Co Ltd                                      | Yutong Bus Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300OMPRVW0Q75F037 | Long             | EC               | CORP              | CN        |    443400 | NS      | $1530654.32   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | LVMH                                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |      2185 | OU      | $1172933.70   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NISSAN MOTOR LTD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |    534600 | OU      | $-1133512.07  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | VONOVIA SE                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |      6440 | OU      | $199869.06    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PROSUS NV                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | NL        |     55988 | OU      | $3198355.85   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | JDE PEETS NV                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |     18504 | OU      | $548737.40    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | CA        |         1 | NC      | $-35906.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $60484.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-133288.22   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED INR / SOLD USD                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | IN        |         1 | NC      | $-25714.59    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | KONGSBERG GRUPPEN ASA                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NO        |     98899 | OU      | $2955411.55   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PETRO RIO SA                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BR        |     13403 | OU      | $-100985.36   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingspan Group PLC                                     | Kingspan Group PLC                                      | CUSIP: 000000000<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |     21384 | NS      | $1774698.32   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                         | Air Liquide SA                                          | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |       944 | NS      | $185719.20    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | HK        |         1 | NC      | $-37.42       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | MITSUBISHI HEAVY INDUSTRIES LTD                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     12100 | OU      | $-288904.41   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED TWD / SOLD USD                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | TW        |         1 | NC      | $-382979.23   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ADMIRAL GROUP PLC                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |      9994 | OU      | $450494.33    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BARRY CALLEBAUT AG                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |      3909 | OU      | $-4760374.14  | -0.42%            |  |  |  | No            |                  2 | On Loan: No      |
| Nutanix Inc                                            | Nutanix Inc                                             | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      1259 | NS      | $94639.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ADYEN NV                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | NL        |      2935 | OU      | $5033966.99   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp                                           | Keyence Corp                                            | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |     19800 | NS      | $7162279.94   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | HK        |         1 | NC      | $-14721.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BANCO DO BRASIL SA                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BR        |    513453 | OU      | $1806399.46   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NOVO NORDISK CLASS B                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DK        |     28808 | OU      | $1339801.49   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NIBE INDUSTRIER CLASS B                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | SE        |     67192 | OU      | $-310051.46   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD SEK                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $29958.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED GBP / SOLD USD                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | GB        |         1 | NC      | $-17774.44    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Gas Co Ltd                                       | Osaka Gas Co Ltd                                        | CUSIP: 000000000<br>LEI: 353800024KMNOPQRWZ02 | Long             | EC               | CORP              | JP        |     39700 | NS      | $1004462.83   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | KERING SA                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |     20870 | OU      | $-5124529.68  | -0.45%            |  |  |  | No            |                  2 | On Loan: No      |
| Geely Automobile Holdings Ltd                          | Geely Automobile Holdings Ltd                           | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | KY        |    908000 | NS      | $2036659.96   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | CLOUDFLARE INC CLASS A                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      5449 | OU      | $-1131648.32  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NISSAN MOTOR LTD                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | JP        |    157900 | OU      | $-334795.28   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ING GROEP NV                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |     49082 | OU      | $1143876.98   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED USD / SOLD DKK                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $76665.17     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Trend Micro Inc/Japan                                  | Trend Micro Inc/Japan                                   | CUSIP: 000000000<br>LEI: 3538005O5UJ5RNAGVE16 | Long             | EC               | CORP              | JP        |    127600 | NS      | $7780845.87   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NOVOZYMES B                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DK        |     27887 | OU      | $-1804219.55  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Consolidated Edison Inc                                | Consolidated Edison Inc                                 | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |    103007 | NS      | $10661224.50  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruti Suzuki India Ltd                                | Maruti Suzuki India Ltd                                 | CUSIP: 000000000<br>LEI: 335800D27PBEESKKD357 | Long             | EC               | CORP              | IN        |       336 | NS      | $48195.48     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NESTE                                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FI        |     53933 | OU      | $-851204.09   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                            | NetEase Inc                                             | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |    301200 | NS      | $7874042.46   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp                                       | Asahi Kasei Corp                                        | CUSIP: 000000000<br>LEI: 353800GPI4Z3MGDGN142 | Long             | EC               | CORP              | JP        |    672500 | NS      | $4679089.43   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BE SEMICONDUCTOR INDUSTRIES NV                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |     29129 | OU      | $-3935668.26  | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| Hangzhou First Applied Material Co Ltd                 | Hangzhou First Applied Material Co Ltd                  | CUSIP: 000000000<br>LEI: 8368001FT238FD11Z218 | Long             | EC               | CORP              | CN        |     41600 | NS      | $84203.02     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ARGENX                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | BE        |       257 | OU      | $172608.68    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co Ltd                            | Murata Manufacturing Co Ltd                             | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    481300 | NS      | $7163706.50   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | CD PROJEKT SA                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | PL        |     23942 | OU      | $1599081.88   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                                          | Assa Abloy AB                                           | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |      5336 | NS      | $176569.47    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED USD / SOLD CNY                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $14267.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Incyte Corp                                            | Incyte Corp                                             | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     53190 | NS      | $3983399.10   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | CA        |         1 | NC      | $-26404.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD EUR                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $4966.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED TWD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | TW        |         1 | NC      | $-109399.59   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $211263.17    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NEC CORP                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |      8800 | OU      | $-252699.68   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-117990.83   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Hershey Co/The                                         | Hershey Co/The                                          | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     25197 | NS      | $4689917.61   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ALSTOM SA                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | FR        |     48662 | OU      | $-1141431.61  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| First Citizens BancShares Inc/NC                       | First Citizens BancShares Inc/NC                        | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       277 | NS      | $552548.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | SYMRISE AG                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |     18725 | OU      | $1697369.62   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | TELENOR                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NO        |    388927 | OU      | $5966489.28   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Kotak Mahindra Bank Ltd                                | Kotak Mahindra Bank Ltd                                 | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |     90324 | NS      | $2035030.57   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD CHF                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $24897.41     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| East Japan Railway Co                                  | East Japan Railway Co                                   | CUSIP: 000000000<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |     18900 | NS      | $405105.69    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $12660.46     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ALIMENTATION COUCHE TARD INC                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |     26900 | OU      | $1397806.00   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm Group Inc                                    | TransDigm Group Inc                                     | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4122 | NS      | $6630072.12   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                                     | Midea Group Co Ltd                                      | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     56500 | NS      | $547440.89    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Netflix Inc                                            | Netflix Inc                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      4092 | NS      | $4744264.80   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                             | Cadence Design Systems Inc                              | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     33498 | NS      | $12212365.86  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                        | AstraZeneca PLC                                         | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     22773 | NS      | $3322390.18   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED USD / SOLD HKD                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $12.58        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                             | KKR AND CO INC                                          | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |      5614 | OU      | $-822900.12   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED ILS / SOLD USD                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | IL        |         1 | NC      | $-53890.64    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Guoyuan Securities Co Ltd                              | Guoyuan Securities Co Ltd                               | CUSIP: 000000000<br>LEI: 300300E1007634000094 | Long             | EC               | CORP              | CN        |   1635700 | NS      | $1923846.92   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Intuitive Surgical Inc                                 | Intuitive Surgical Inc                                  | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      5821 | NS      | $2800424.89   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | HK        |         1 | NC      | $-3707.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bentley Systems Inc                                    | Bentley Systems Inc                                     | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |      1964 | NS      | $113872.72    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                         | Mastercard Inc                                          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     12576 | NS      | $7123926.72   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                                  | Republic Services Inc                                   | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      7957 | NS      | $1835282.05   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                               | AT&T Inc                                                | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    608269 | NS      | $16672653.29  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp                       | Booz Allen Hamilton Holding Corp                        | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     85196 | NS      | $9144086.68   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Kongsberg Gruppen ASA                                  | Kongsberg Gruppen ASA                                   | CUSIP: 000000000<br>LEI: 5967007LIEEXZXJ9HK73 | Long             | EC               | CORP              | NO        |      3188 | NS      | $95267.41     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadcom Inc                                           | Broadcom Inc                                            | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       330 | NS      | $96921.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                              | Amgen Inc                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     25530 | NS      | $7533903.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Holdings Co Ltd                             | Japan Post Holdings Co Ltd                              | CUSIP: 000000000<br>LEI: 5299003D9N4JBS256X18 | Long             | EC               | CORP              | JP        |    468300 | NS      | $4336770.16   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-68535.12    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Nitori Holdings Co Ltd                                 | Nitori Holdings Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3500 | NS      | $296403.59    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | WHARF (HOLDINGS) LTD                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |     45000 | OU      | $-128121.02   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Tong Ren Tang Co Ltd                           | Beijing Tong Ren Tang Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    407400 | NS      | $2032349.33   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | FIRST SOLAR INC                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      1494 | OU      | $-261046.62   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Hormel Foods Corp                                      | Hormel Foods Corp                                       | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |    262892 | NS      | $7384636.28   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | PURCHASED USD / SOLD NOK                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $224454.62    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon AG                                               | Alcon AG                                                | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |      1383 | NS      | $121244.80    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SANDOZ GROUP AG                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |      2218 | OU      | $-126844.96   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED ZAR / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | ZA        |         1 | NC      | $-27182.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED USD / SOLD PLN                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $12598.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco Inc                                      | Japan Tobacco Inc                                       | CUSIP: 000000000<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | EC               | CORP              | JP        |    306700 | NS      | $8759235.00   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BANKINTER SA                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | ES        |    180329 | OU      | $2574056.22   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED EUR / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | XX        |         1 | NC      | $-137334.86   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | APPLOVIN CORP CLASS A                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |      6292 | OU      | $-2458284.40  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED USD / SOLD BRL                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $29139.39     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NEC CORP                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | JP        |      5100 | OU      | $-146450.95   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED USD / SOLD BRL                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $113046.94    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BANCO DE SABADELL SA                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ES        |    641751 | OU      | $2368639.03   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Sanjiu Medical & Pharmaceutical Co Ltd | China Resources Sanjiu Medical & Pharmaceutical Co Ltd  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     43000 | NS      | $186576.73    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SARTORIUS STEDIM BIOTECH SA                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |      2474 | OU      | $-494380.36   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Dillard's Inc                                          | Dillard's Inc                                           | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |      1273 | NS      | $594401.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED CHF / SOLD USD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | CH        |         1 | NC      | $-12758.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD GBP                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $15019.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | TRANSURBAN GROUP STAPLED UNITS                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | AU        |    235123 | OU      | $2080796.78   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | INTERNATIONAL PAPER                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     84931 | OU      | $-3969674.94  | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                                 | Yum China Holdings Inc                                  | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |    128362 | NS      | $5991938.16   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | LONGFOR GROUP HOLDINGS LTD                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    185500 | OU      | $-230884.08   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Japan Exchange Group Inc                               | Japan Exchange Group Inc                                | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | Long             | EC               | CORP              | JP        |    635200 | NS      | $6207413.99   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Petroleum Corp Ltd                              | Bharat Petroleum Corp Ltd                               | CUSIP: 000000000<br>LEI: 8GRDBX1TJ0PU5NCSHT72 | Long             | EC               | CORP              | IN        |   1271975 | NS      | $4753288.45   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | FIRSTSERVICE SUBORDINATE VOTING CO                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |      1972 | OU      | $388707.16    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                                             | JD.com Inc                                              | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |    363800 | NS      | $5734191.13   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                    | Abbott Laboratories                                     | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     11471 | NS      | $1447525.49   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Electronic International Co Ltd                    | BYD Electronic International Co Ltd                     | CUSIP: 000000000<br>LEI: 5299001O3LAFGRPZ3Y63 | Long             | EC               | CORP              | HK        |    916500 | NS      | $3813551.83   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Motor Co                                          | Ford Motor Co                                           | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    244612 | NS      | $2707854.84   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NESTLE SA                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |     38199 | OU      | $3337716.46   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Brown Brothers Harriman & Co.                          | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: 5493006KMX1VFTPYPW14 | N/A              | DFE              |  | US        |         1 | NC      | $431333.21    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Corp                                                | LG Corp                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     18390 | NS      | $1044087.01   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd                                         | CMOC Group Ltd                                          | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |   1767000 | NS      | $2005779.77   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD HKD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $2102.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilibili Inc                                           | Bilibili Inc                                            | CUSIP: 000000000<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | KY        |    263260 | NS      | $6023143.95   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ELISA                                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | FI        |     34730 | OU      | $1786951.09   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | SUPER MICRO COMPUTER INC                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     51028 | OU      | $-3009121.16  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $150416.35    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | EVOLUTION MINING LTD                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | AU        |     80874 | OU      | $-366013.01   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                                      | PetroChina Co Ltd                                       | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |   4428000 | NS      | $4327179.80   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | CA        |         1 | NC      | $-4016.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED CHF / SOLD USD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | CH        |         1 | NC      | $-9256.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM Holdings Corp                                 | FUJIFILM Holdings Corp                                  | CUSIP: 000000000<br>LEI: 529900UBKMFM0ST6H474 | Long             | EC               | CORP              | JP        |     44000 | NS      | $912657.86    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| FactSet Research Systems Inc                           | FactSet Research Systems Inc                            | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     11940 | NS      | $4810626.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hengtong Optic-electric Co Ltd                         | Hengtong Optic-electric Co Ltd                          | CUSIP: 000000000<br>LEI: 655600VKTXMT2WKBE151 | Long             | EC               | CORP              | CN        |    325400 | NS      | $717276.29    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Erie Indemnity Co                                      | Erie Indemnity Co                                       | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |     27600 | NS      | $9832224.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED USD / SOLD CNY                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $4155.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | EMPIRE LTD CLASS A                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CA        |     21616 | OU      | $860833.49    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | HEIDELBERG MATERIALS AG                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |      9097 | OU      | $-2098627.76  | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| Yangzijiang Shipbuilding Holdings Ltd                  | Yangzijiang Shipbuilding Holdings Ltd                   | CUSIP: 000000000<br>LEI: 254900Z3JEM14YIGLM66 | Long             | EC               | CORP              | SG        |   2238300 | NS      | $4390264.09   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Group Ltd                                           | WH Group Ltd                                            | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |    540000 | NS      | $540614.50    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd                                            | Komatsu Ltd                                             | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     26500 | NS      | $853773.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ASICS CORP                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     98700 | OU      | $-2320366.63  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED AUD / SOLD USD                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | AU        |         1 | NC      | $-43462.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| General Electric Co                                    | General Electric Co                                     | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      9825 | NS      | $2663361.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | CA        |         1 | NC      | $-14366.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp                                      | Suzuki Motor Corp                                       | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     85800 | NS      | $942733.73    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BROOKFIELD ASSET MANAGEMENT VOTING                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |     40253 | OU      | $-2482113.39  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | CAIXA SEGURIDADE PARTICIPACOES SA                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |    292728 | OU      | $720377.86    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubu Electric Power Co Inc                            | Chubu Electric Power Co Inc                             | CUSIP: 000000000<br>LEI: 529900A76GOP0PGNHT63 | Long             | EC               | CORP              | JP        |     27000 | NS      | $330230.12    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Analog Devices Inc                                     | Analog Devices Inc                                      | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       441 | NS      | $99061.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | GCL TECHNOLOGY HOLDINGS LTD                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |  12608000 | OU      | $-1868084.80  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SUMITOMO METAL MINING LTD                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     81200 | OU      | $-1786017.99  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Eversource Energy                                      | Eversource Energy                                       | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     23151 | NS      | $1530281.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                       | Duke Energy Corp                                        | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     11681 | NS      | $1420876.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                                          | Snowflake Inc                                           | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     24721 | NS      | $5525143.50   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD ZAR                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $3558.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | IMPALA PLATINUM LTD                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ZA        |    113088 | OU      | $-1068842.08  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                     | Meta Platforms Inc                                      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     16583 | NS      | $12825955.52  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                                           | VeriSign Inc                                            | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     22687 | NS      | $6099853.69   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                                            | Ameren Corp                                             | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |       871 | NS      | $88084.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                            | HALLIBURTON                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     18114 | OU      | $-405753.60   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                             | Verizon Communications Inc                              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    361191 | NS      | $15444527.16  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | INTERNATIONAL PAPER                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     85567 | OU      | $-3999401.58  | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | CA        |         1 | NC      | $-4338.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BEIJER REF CLASS B                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SE        |      2763 | OU      | $-46382.19    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Giant Biogene Holding Co ltd                           | Giant Biogene Holding Co ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     90400 | NS      | $644618.93    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Edwards Lifesciences Corp                              | Edwards Lifesciences Corp                               | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     40413 | NS      | $3205155.03   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED USD / SOLD EUR                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $6245.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED THB / SOLD USD                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | TH        |         1 | NC      | $-14729.52    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | C D INTERNATIONAL INVESTMENT GROUP                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |   1576424 | OU      | $-3180361.32  | -0.28%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | VALTERRA PLATINUM LTD                                   | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | ZA        |     20210 | OU      | $907629.29    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                              | Argenx SE                                               | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |      1917 | NS      | $1285022.61   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                      | Brown & Brown Inc                                       | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |      1492 | NS      | $136324.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | ROLLS-ROYCE HOLDINGS PLC                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |    348918 | OU      | $4952182.95   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| China Hongqiao Group Ltd                               | China Hongqiao Group Ltd                                | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | EC               | CORP              | KY        |     95500 | NS      | $251919.04    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp                                      | Nippon Steel Corp                                       | CUSIP: 000000000<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |      5400 | NS      | $103993.27    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Crowdstrike Holdings Inc                               | Crowdstrike Holdings Inc                                | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      2468 | NS      | $1121878.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                                        | Gen Digital Inc                                         | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     59970 | NS      | $1768515.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | JD HEALTH INTERNATIONAL INC                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |     27800 | OU      | $-177765.35   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | WOLTERS KLUWER NV                                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | NL        |      5009 | OU      | $780196.41    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari NV                                             | Ferrari NV                                              | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |     13373 | NS      | $5864157.86   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ALIBABA HEALTH INFORMATION TECH LT                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |     90000 | OU      | $-55812.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | GENMAB                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DK        |      1071 | OU      | $230583.54    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SGS SA                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |       911 | OU      | $92569.77     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| International Games System Co Ltd                      | International Games System Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    103000 | NS      | $2693211.39   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SBI HOLDINGS INC                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |      5900 | OU      | $-219172.40   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | VESTAS WIND SYSTEMS                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DK        |     61678 | OU      | $1126122.45   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Cencora Inc                                            | Cencora Inc                                             | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4001 | NS      | $1144606.08   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgestone Corp                                       | Bridgestone Corp                                        | CUSIP: 000000000<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |      4200 | NS      | $169890.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $2374.23      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | KUAISHOU TECHNOLOGY                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    170400 | OU      | $-1663794.33  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp                                    | SoftBank Group Corp                                     | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |     19100 | NS      | $1458455.63   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BEIERSDORF AG                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |       927 | OU      | $115190.99    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | JARIR MARKETING                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |    578352 | OU      | $1979611.74   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ZURICH INSURANCE GROUP AG                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |       317 | OU      | $216227.66    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | KINROSS GOLD CORP                                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CA        |     98048 | OU      | $1568796.30   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                 | Roper Technologies Inc                                  | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      3031 | NS      | $1668262.40   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                                      | Devon Energy Corp                                       | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      3762 | NS      | $124973.64    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA                               | Hermes International SCA                                | CUSIP: 000000000<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      2107 | NS      | $5152642.92   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                              | Sanofi SA                                               | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      1154 | NS      | $103595.30    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Altria Group Inc                                       | Altria Group Inc                                        | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    153070 | NS      | $9481155.80   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BANQUE SAUDI FRANSI                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |    295037 | OU      | $1347942.81   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings Inc                                     | ENEOS Holdings Inc                                      | CUSIP: 000000000<br>LEI: 3538001KQ5SAOZSQTT44 | Long             | EC               | CORP              | JP        |   1362900 | NS      | $7153361.27   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                   | PURCHASED CAD / SOLD USD                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | CA        |         1 | NC      | $-50335.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | CARREFOUR SA                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FR        |     16324 | OU      | $233939.32    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Accton Technology Corp                                 | Accton Technology Corp                                  | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |    142000 | NS      | $4193854.69   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED USD / SOLD SEK                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $113833.79    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | NOVARTIS AG                                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |    131906 | OU      | $15022384.51  | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PARTNERS GROUP HOLDING AG                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |      6039 | OU      | $8118206.57   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED SGD / SOLD USD                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | SG        |         1 | NC      | $-17559.07    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SMURFIT WESTROCK PLC                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     14389 | OU      | $-638583.82   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                        | Yum! Brands Inc                                         | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     35109 | NS      | $5060962.35   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhou International Group Holdings Ltd              | Shenzhou International Group Holdings Ltd               | CUSIP: 000000000<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | KY        |    218400 | NS      | $1571772.58   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Zoom Communications Inc                                | Zoom Communications Inc                                 | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     51713 | NS      | $3829347.65   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                            | PURCHASED USD / SOLD BRL                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $-32467.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                             | CLOUDFLARE INC CLASS A                                  | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |      9797 | OU      | $-2034640.96  | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | MITSUBISHI HEAVY INDUSTRIES LTD                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | JP        |     63000 | OU      | $-1504213.02  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | MMG LTD                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |  17992000 | OU      | $-8748083.99  | -0.77%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD CHF                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $31597.10     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | POU CHEN CORP                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | TW        |   1261000 | OU      | $-1185856.40  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | HK        |         1 | NC      | $-292.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | HK        |         1 | NC      | $-2914.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | TOYOTA INDUSTRIES CORP                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |      2100 | OU      | $-224558.41   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Realtek Semiconductor Corp                             | Realtek Semiconductor Corp                              | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |    359000 | NS      | $6864389.42   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | HISENSE HOME APPLIANCES GROUP LTD                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |    114000 | OU      | $-326919.22   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Sieyuan Electric Co Ltd                                | Sieyuan Electric Co Ltd                                 | CUSIP: 000000000<br>LEI: 836800H6UQQUWN4PSZ32 | Long             | EC               | CORP              | CN        |     41200 | NS      | $444989.72    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CF Industries Holdings Inc                             | CF Industries Holdings Inc                              | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    119687 | NS      | $11110544.21  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | WOLTERS KLUWER NV                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |      4165 | OU      | $648735.88    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                       | PURCHASED USD / SOLD EUR                                | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |         1 | NC      | $6777.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Henderson Land Development Co Ltd                      | Henderson Land Development Co Ltd                       | CUSIP: 000000000<br>LEI: 529900SYQB7IVR9QGN76 | Long             | EC               | CORP              | HK        |     74000 | NS      | $258946.36    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $200879.70    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | MMG LTD                                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |    116000 | OU      | $-56401.61    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Textron Inc                                            | Textron Inc                                             | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    110082 | NS      | $8561077.14   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | LUNDIN GOLD INC                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |      9191 | OU      | $425388.88    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | POSCO CHEMICAL LTD                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | KR        |      3852 | OU      | $-391861.10   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| China XD Electric Co Ltd                               | China XD Electric Co Ltd                                | CUSIP: 000000000<br>LEI: 300300HKOTURRVW8R464 | Long             | EC               | CORP              | CN        |   4435000 | NS      | $4024389.94   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | GEBERIT AG                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |       352 | OU      | $269666.63    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SHISEIDO LTD                                            | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     61600 | OU      | $-1001340.28  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED USD / SOLD SEK                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $3875.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Masimo Corp                                            | Masimo Corp                                             | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     49120 | NS      | $7554164.80   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corp Ltd                                   | China Tower Corp Ltd                                    | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |   1761400 | NS      | $2464753.27   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One                 | Liberty Media Corp-Liberty Formula One                  | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107853 | NS      | $10823048.55  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                                    | Otis Worldwide Corp                                     | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     98531 | NS      | $8443121.39   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | ASML HOLDING NV                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |      6608 | OU      | $4579825.80   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | EMPIRE LTD CLASS A                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CA        |     52372 | OU      | $2085657.45   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD DKK                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $55906.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ADMIRAL GROUP PLC                                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | GB        |     17138 | OU      | $772520.69    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                  | Northrop Grumman Corp                                   | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     14740 | NS      | $8499231.40   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                             | FIRST SOLAR INC                                         | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |     31718 | OU      | $-5542086.14  | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| Electronic Arts Inc                                    | Electronic Arts Inc                                     | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     36421 | NS      | $5553838.29   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                                          | McKesson Corp                                           | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     18823 | NS      | $13054503.42  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Idemitsu Kosan Co Ltd                                  | Idemitsu Kosan Co Ltd                                   | CUSIP: 000000000<br>LEI: 549300P0R46FF6DUA630 | Long             | EC               | CORP              | JP        |    478400 | NS      | $3075447.58   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD KRW                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $485958.93    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantech Co Ltd                                       | Advantech Co Ltd                                        | CUSIP: 000000000<br>LEI: 2549002OSTKE9HB9IY03 | Long             | EC               | CORP              | TW        |     98898 | NS      | $1100125.65   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BEIERSDORF AG                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | DE        |      1466 | OU      | $182168.27    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED USD / SOLD CNY                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $13321.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | INTEL CORPORATION CORP                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    188541 | OU      | $-3733111.80  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | AVANTOR INC                                             | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      6114 | OU      | $-82172.16    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | INPOST SA                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | NL        |     99371 | OU      | $1427235.01   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | XINYI SOLAR HOLDINGS LTD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |   9066000 | OU      | $-3509664.57  | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| JSW Energy Ltd                                         | JSW Energy Ltd                                          | CUSIP: 000000000<br>LEI: 3358001ZFBW2VIMBMI85 | Long             | EC               | CORP              | IN        |      8479 | NS      | $49614.16     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROBLOX Corp                                            | ROBLOX Corp                                             | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55574 | NS      | $7657541.46   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | MEDIOBANCA BANCA DI CREDITO FINANZ                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | IT        |     12978 | OU      | $285728.18    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Synopsys Inc                                           | Synopsys Inc                                            | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      4115 | NS      | $2606729.05   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                                | Haier Smart Home Co Ltd                                 | CUSIP: 000000000<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |    186200 | NS      | $586600.09    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | LG ENERGY SOLUTION LTD                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | KR        |      2040 | OU      | $-557662.43   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Apple Inc                                              | Apple Inc                                               | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |       714 | NS      | $148204.98    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Baroda                                         | Bank of Baroda                                          | CUSIP: 000000000<br>LEI: 549300CQ6M9Q0TJEZR23 | Long             | EC               | CORP              | IN        |    202063 | NS      | $545990.70    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ZURICH INSURANCE GROUP AG                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CH        |      1214 | OU      | $828076.91    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD CHF                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $2895.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Danaher Corp                                           | Danaher Corp                                            | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     14367 | NS      | $2832597.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED USD / SOLD CNY                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $36408.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd              | Taiwan Semiconductor Manufacturing Co Ltd               | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      3000 | NS      | $115497.76    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp                                              | KDDI Corp                                               | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |   1035000 | NS      | $16986007.62  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| UltraTech Cement Ltd                                   | UltraTech Cement Ltd                                    | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | EC               | CORP              | IN        |       592 | NS      | $82426.42     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HEICO Corp                                             | HEICO Corp                                              | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |       590 | NS      | $152273.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc                                 | ZTO Express Cayman Inc                                  | CUSIP: 000000000<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |     11350 | NS      | $221263.87    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bethel Automotive Safety Systems Co Ltd                | Bethel Automotive Safety Systems Co Ltd                 | CUSIP: 000000000<br>LEI: 836800IIW68UMVMAXN36 | Long             | EC               | CORP              | CN        |    113920 | NS      | $741791.16    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED USD / SOLD KRW                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $13282.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | NESTLE SA                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | CH        |      4401 | OU      | $384546.46    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | TELEFONICA BRASIL SA                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |     16012 | OU      | $90017.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BRITISH AMERICAN TOBACCO                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | GB        |     42969 | OU      | $2302164.12   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | CONSTELLATION ENERGY CORP                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |      2547 | OU      | $-885948.48   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | EXPAND ENERGY CORP                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     23411 | OU      | $-2453004.58  | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                   | Howmet Aerospace Inc                                    | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     40236 | NS      | $7233225.72   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | INPOST SA                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | NL        |     13783 | OU      | $197960.98    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co Ltd                   | China Pacific Insurance Group Co Ltd                    | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |     85000 | NS      | $342330.36    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | DISCO CORP                                              | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | JP        |     19500 | OU      | $-5762766.10  | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                       | MercadoLibre Inc                                        | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      1437 | NS      | $3411279.93   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED IDR / SOLD USD                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | ID        |         1 | NC      | $-40610.22    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Digital Realty Trust Inc                               | Digital Realty Trust Inc                                | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      3138 | NS      | $553668.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED USD / SOLD NOK                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $54107.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nasdaq Inc                                             | Nasdaq Inc                                              | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      2476 | NS      | $238240.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | PURCHASED USD / SOLD SGD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $1246.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group                             | Airtac International Group                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    118000 | NS      | $3356098.46   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | BEIJING ENTERPRISES WATER GROUP LT                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |   2040000 | OU      | $-698139.97   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp                                     | Franco-Nevada Corp                                      | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |       663 | NS      | $105612.99    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TravelSky Technology Ltd                               | TravelSky Technology Ltd                                | CUSIP: 000000000<br>LEI: 5299007TAWP4DZ6QFG73 | Long             | EC               | CORP              | CN        |    200000 | NS      | $317976.31    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Aditya Birla Capital Ltd                               | Aditya Birla Capital Ltd                                | CUSIP: 000000000<br>LEI: 5299009K0PUXVSIRL787 | Long             | EC               | CORP              | IN        |     22920 | NS      | $66779.63     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                     | PURCHASED CHF / SOLD USD                                | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | CH        |         1 | NC      | $-7396.48     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| T-Mobile US Inc                                        | T-Mobile US Inc                                         | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     68167 | NS      | $16251694.47  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                            | QUANTA SERVICES INC                                     | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      1027 | OU      | $-417095.51   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | HISENSE HOME APPLIANCES GROUP LTD                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    214000 | OU      | $-613690.47   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                      | PURCHASED USD / SOLD SGD                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $33119.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | IVANHOE MINES LTD CLASS A                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CA        |    942352 | OU      | $-7351923.44  | -0.64%            |  |  |  | No            |                  2 | On Loan: No      |
| Charter Communications Inc                             | Charter Communications Inc                              | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      5643 | NS      | $1519998.48   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $121015.41    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | RENTOKIL INITIAL PLC                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | GB        |     40426 | OU      | $201662.85    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD AUD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $55407.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Smurfit WestRock PLC                                   | Smurfit WestRock PLC                                    | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Short            | EC               | CORP              | IE        |    -41915 | NS      | $-1860187.70  | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | C D INTERNATIONAL INVESTMENT GROUP                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | HK        |    294296 | OU      | $-593728.35   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | HK        |         1 | NC      | $-9230.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED JPY / SOLD USD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | JP        |         1 | NC      | $-203021.11   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SAUDI ARABIAN OIL                                       | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |    225448 | OU      | $1458795.09   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SODEXO SA                                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | FR        |     18129 | OU      | $1078194.14   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                   | Las Vegas Sands Corp                                    | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    180779 | NS      | $9472819.60   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. International PLC                 | PURCHASED USD / SOLD KRW                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $8552.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $9390.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Catcher Technology Co Ltd                              | Catcher Technology Co Ltd                               | CUSIP: 000000000<br>LEI: 5299006PRSCU66N5JF55 | Long             | EC               | CORP              | TW        |     87000 | NS      | $614404.72    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                   | Booking Holdings Inc                                    | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       222 | NS      | $1221901.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                                 | T Rowe Price Group Inc                                  | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     26677 | NS      | $2706381.65   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                                   | Keurig Dr Pepper Inc                                    | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |      5358 | NS      | $174938.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | BANCO DO BRASIL SA                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |   1666517 | OU      | $5863039.87   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | ARGENX                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BE        |      4131 | OU      | $2774499.85   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                         | Merck & Co Inc                                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     55156 | NS      | $4308786.72   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                              | Safran SA                                               | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      7243 | NS      | $2388387.80   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SAMPO CLASS A                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | FI        |     16476 | OU      | $176847.95    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | BLOCK INC CLASS A                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    118782 | OU      | $-9177097.32  | -0.80%            |  |  |  | No            |                  2 | On Loan: No      |
| Eastroc Beverage Group Co Ltd                          | Eastroc Beverage Group Co Ltd                           | CUSIP: 000000000<br>LEI: 836800LQ338417RCIL29 | Long             | EC               | CORP              | CN        |     79790 | NS      | $3111057.56   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura International PLC                               | PURCHASED INR / SOLD USD                                | CUSIP: 000000000<br>LEI: DGQCSV2PHVF7I2743539 | N/A              | DFE              |  | IN        |         1 | NC      | $-98286.75    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                             | TEXAS PACIFIC LAND CORP                                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |       307 | OU      | $-297215.91   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ARABIAN INTERNET AND COMMUNICATION                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |      6943 | OU      | $441092.24    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD CAD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $138729.29    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P Global Inc                                         | S&P Global Inc                                          | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     12957 | NS      | $7140602.70   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                                 | PURCHASED USD / SOLD GBP                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $13811.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| West Pharmaceutical Services Inc                       | West Pharmaceutical Services Inc                        | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |       359 | NS      | $85894.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                             | ELEVANCE HEALTH INC                                     | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | US        |     13331 | OU      | $-3773739.48  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp                                             | NAVER Corp                                              | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |     41291 | NS      | $6949073.43   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                                     | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | HK        |         1 | NC      | $-549.78      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Waters Corp                                            | Waters Corp                                             | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     26614 | NS      | $7685058.64   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                                      | Siemens Energy AG                                       | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |      1028 | NS      | $119020.46    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                    | JPMorgan Chase & Co                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     30762 | NS      | $9112934.88   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                         | Amazon.com Inc                                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     45238 | NS      | $10590668.18  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                                 | HP Inc                                                  | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    332108 | NS      | $8236278.40   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                         | PURCHASED USD / SOLD CHF                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |         1 | NC      | $102377.60    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                     | Royalty Pharma PLC                                      | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |      4338 | NS      | $159638.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | LI AUTO CLASS A INC                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | HK        |     94900 | OU      | $-1242402.85  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ILLUMINA INC                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |      3468 | OU      | $-356198.28   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp                                          | Obayashi Corp                                           | CUSIP: 000000000<br>LEI: 529900YT4O5S0LCXWD54 | Long             | EC               | CORP              | JP        |    176800 | NS      | $2603425.45   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | SARTORIUS PREF AG                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | DE        |       413 | OU      | $87949.07     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Yusen KK                                        | Nippon Yusen KK                                         | CUSIP: 000000000<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |    150900 | NS      | $5292028.42   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                    | PURCHASED USD / SOLD JPY                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              |  | US        |         1 | NC      | $146720.59    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                 | Motorola Solutions Inc                                  | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     23117 | NS      | $10147900.66  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                        | Fair Isaac Corp                                         | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      4120 | NS      | $5919286.40   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                              | Graco Inc                                               | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     17242 | NS      | $1447983.16   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                            | ENEVA SA                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | BR        |    551401 | OU      | $1324453.47   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | KKR AND CO INC                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |     17776 | OU      | $-2605606.08  | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | SAL SAUDI LOGISTICS SERVICE CO                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |     19854 | OU      | $910219.61    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | NU HOLDINGS LTD CLASS A                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    128882 | OU      | $-1574938.04  | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| Asia Cement Corp                                       | Asia Cement Corp                                        | CUSIP: 000000000<br>LEI: 213800EFQXH43HMGJL59 | Long             | EC               | CORP              | TW        |   1167000 | NS      | $1577513.83   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                             | Capital One Financial Corp                              | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       846 | NS      | $181890.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ARAB NATIONAL BANK                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | SA        |    142206 | OU      | $822639.21    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Yunnan Yuntianhua Co Ltd                               | Yunnan Yuntianhua Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    167500 | NS      | $571725.08    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | ALIMENTATION COUCHE TARD INC                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | CA        |     44049 | OU      | $2288920.32   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | PURCHASED TWD / SOLD USD                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | TW        |         1 | NC      | $-46307.37    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                            | FORMOSA CHEMICALS   FIBRE CORP                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | TW        |   1040000 | OU      | $-998779.59   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                    | Gilead Sciences Inc                                     | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     80122 | NS      | $8996899.38   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldwind Science & Technology Co Ltd                   | Goldwind Science & Technology Co Ltd                    | CUSIP: 000000000<br>LEI: 3003008X6GR2ZPYM2V54 | Long             | EC               | CORP              | CN        |    153000 | NS      | $204303.24    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                 | PURCHASED HKD / SOLD USD                                | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | HK        |         1 | NC      | $-98423.15    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Haidilao International Holding Ltd                     | Haidilao International Holding Ltd                      | CUSIP: 000000000<br>LEI: 3003009Q8GV4VNKZWI24 | Long             | EC               | CORP              | KY        |    119000 | NS      | $210950.92    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                            | TEXAS PACIFIC LAND CORP                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      1202 | OU      | $-1163692.26  | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                 | PZU SA                                                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | PL        |     91588 | OU      | $1535104.40   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** Managed Account Series

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer