# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0001752724-23-039087
**Filing Date:** 2023-2
**Character Count:** 27571
**Document Hash:** 2882c211f83cde00e5e4e5c411aa486e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039087.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039087

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Variable Series Funds, Inc.
- **CENTRAL INDEX KEY:** 0000355916
- **IRS NUMBER:** 133093080
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03290
- **FILM NUMBER:** 23665047

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAM Variable Series Funds, Inc.
- **DATE OF NAME CHANGE:** 20050720

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH VARIABLE SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BlackRock Basic Value V.I. Fund (Series ID: S000002882)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007923 | Class I      |  |
| C000007924 | Class II     |  |
| C000007925 | Class III    |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

- **a. Name of Series:** BlackRock Basic Value V.I. Fund

- **b. EDGAR series identifier (if any):** S000002882

- **c. LEI of Series:** YMFP9X1NE70DHCHB6Q92

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $338993007.38

**Total Liabilities:** $28344862.01

**Net Assets:** $310648145.37

**Cash Not Reported:** $169326.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007925 | 10.23%               | 6.37%                | -4.44%               |
| Class ID C000007923 | 10.26%               | 6.36%                | -4.45%               |
| Class ID C000007924 | 10.23%               | 6.40%                | -4.45%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1029131.31              | $27818362.40                               |
| Month 2  | $1450670.77              | $17623249.88                               |
| Month 3  | $-286032.56              | $-14911165.05                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                         | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| BAE Systems plc                              | BAE Systems plc                               | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     63261 | NS      | $2666134.85   | 0.86%             |  |  |  | No            | 1                  | On Loan: —       |
| Kraft Heinz Co. (The)                        | Kraft Heinz Co. (The)                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    150170 | NS      | $6113420.70   | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Unilever plc                                 | Unilever plc                                  | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    120861 | NS      | $6085351.35   | 1.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Baxter International, Inc.                   | Baxter International, Inc.                    | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |     96590 | NS      | $4923192.30   | 1.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Amazon.com, Inc.                             | Amazon.com, Inc.                              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     37280 | NS      | $3131520.00   | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| BP plc                                       | BP plc                                        | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    268761 | NS      | $9387821.73   | 3.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Financial, Inc.            | Fidelity National Financial, Inc.             | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    127195 | NS      | $4785075.90   | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Komatsu Ltd.                                 | Komatsu Ltd.                                  | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    253500 | NS      | $5479180.97   | 1.76%             |  |  |  | No            | 2                  | On Loan: No      |
| Fox Corp.                                    | Fox Corp., Class A                            | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     49460 | NS      | $1502100.20   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Ross Stores, Inc.                            | Ross Stores, Inc.                             | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     41906 | NS      | $4864029.42   | 1.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Equitable Holdings, Inc.                     | Equitable Holdings, Inc.                      | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     72584 | NS      | $2083160.80   | 0.67%             |  |  |  | No            | 1                  | On Loan: —       |
| Panasonic Holdings Corp.                     | Panasonic Holdings Corp.                      | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |    652700 | NS      | $5462460.19   | 1.76%             |  |  |  | No            | 2                  | On Loan: No      |
| Bayer AG                                     | Bayer AG (Registered)                         | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |     96348 | NS      | $4959041.57   | 1.60%             |  |  |  | No            | 2                  | On Loan: No      |
| Koninklijke Philips NV                       | Koninklijke Philips NV                        | CUSIP: 500472303<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |    106150 | NS      | $1591188.50   | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| Gildan Activewear, Inc.                      | Gildan Activewear, Inc.                       | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |     56490 | NS      | $1547826.00   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Hess Corp.                                   | Hess Corp.                                    | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     11370 | NS      | $1612493.40   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Altria Group, Inc.                           | Altria Group, Inc.                            | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     51570 | NS      | $2357264.70   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Dollar General Corp.                         | Dollar General Corp.                          | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      7822 | NS      | $1926167.50   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Ralph Lauren Corp.                           | Ralph Lauren Corp.                            | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     63551 | NS      | $6715434.17   | 2.16%             |  |  |  | No            | 1                  | On Loan: —       |
| Citigroup, Inc.                              | Citigroup, Inc.                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    198251 | NS      | $8966892.73   | 2.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Enterprise Products Partners LP              | Enterprise Products Partners LP               | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             |  |  | US        |    133540 | NS      | $3220984.80   | 1.04%             |  |  |  | No            | 1                  | On Loan: —       |
| Fortive Corp.                                | Fortive Corp.                                 | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     24690 | NS      | $1586332.50   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms, Inc.                         | Meta Platforms, Inc., Class A                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     59710 | NS      | $7185501.40   | 2.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic plc                                | Medtronic plc                                 | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     91600 | NS      | $7119152.00   | 2.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Airbus SE                                    | Airbus SE                                     | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |     60190 | NS      | $1785235.40   | 0.57%             |  |  |  | No            | 1                  | On Loan: —       |
| Willis Towers Watson plc                     | Willis Towers Watson plc                      | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | IE        |     12260 | NS      | $2998550.80   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp.                                | Comcast Corp., Class A                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    174328 | NS      | $6096250.16   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Cardinal Health, Inc.                        | Cardinal Health, Inc.                         | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     47160 | NS      | $3625189.20   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Public Service Enterprise Group, Inc.        | Public Service Enterprise Group, Inc.         | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     76004 | NS      | $4656765.08   | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Laboratory Corp. of America Holdings         | Laboratory Corp. of America Holdings          | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |     30924 | NS      | $7281983.52   | 2.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo & Co.                            | Wells Fargo & Co.                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    203119 | NS      | $8386783.51   | 2.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Cisco Systems, Inc.                          | Cisco Systems, Inc.                           | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    102919 | NS      | $4903061.16   | 1.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Cognizant Technology Solutions Corp.         | Cognizant Technology Solutions Corp., Class A | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    110538 | NS      | $6321668.22   | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMorgan Chase & Co.                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     28800 | NS      | $3862080.00   | 1.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Ingalls Industries, Inc.          | Huntington Ingalls Industries, Inc.           | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      6038 | NS      | $1392845.84   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Prudential plc                               | Prudential plc                                | CUSIP: 74435K204<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |     68180 | NS      | $1873586.40   | 0.60%             |  |  |  | No            | 1                  | On Loan: —       |
| Axalta Coating Systems Ltd.                  | Axalta Coating Systems Ltd.                   | CUSIP: N/A<br>LEI: 529900AGLPA40GV6H619       | Long             | EC               | CORP              | BM        |    175700 | NS      | $4475079.00   | 1.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Apollo Global Management, Inc.               | Apollo Global Management, Inc.                | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    109798 | NS      | $7004014.42   | 2.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Ciena Corp.                                  | Ciena Corp.                                   | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     82970 | NS      | $4229810.60   | 1.36%             |  |  |  | No            | 1                  | On Loan: —       |
| Alibaba Group Holding Ltd.                   | Alibaba Group Holding Ltd.                    | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     17500 | NS      | $1541575.00   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| EQT Corp.                                    | EQT Corp.                                     | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    101055 | NS      | $3418690.65   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Corp.                                  | Cigna Corp.                                   | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     27102 | NS      | $8979976.68   | 2.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                 | Zimmer Biomet Holdings, Inc.                  | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     58701 | NS      | $7484377.50   | 2.41%             |  |  |  | No            | 1                  | On Loan: No      |
| First Citizens BancShares, Inc.              | First Citizens BancShares, Inc., Class A      | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |     10726 | NS      | $8134169.36   | 2.62%             |  |  |  | No            | 1                  | On Loan: No      |
| American Electric Power Co., Inc.            | American Electric Power Co., Inc.             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     21491 | NS      | $2040570.45   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Shell plc                                    | Shell plc                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    189320 | NS      | $5337085.60   | 1.72%             |  |  |  | No            | 2                  | On Loan: No      |
| SS&C Technologies Holdings, Inc.             | SS&C Technologies Holdings, Inc.              | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     99267 | NS      | $5167840.02   | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| L3Harris Technologies, Inc.                  | L3Harris Technologies, Inc.                   | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     24460 | NS      | $5092816.60   | 1.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corp.                                   | Lear Corp.                                    | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     18463 | NS      | $2289781.26   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Liquidity Funds                    | T-Fund, Institutional Class                   | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    900579 | NS      | $900579.25    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Verizon Communications, Inc.                 | Verizon Communications, Inc.                  | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    143139 | NS      | $5639676.60   | 1.82%             |  |  |  | No            | 1                  | On Loan: No      |
| AstraZeneca plc                              | AstraZeneca plc                               | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     24221 | NS      | $3277570.76   | 1.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Humana, Inc.                                 | Humana, Inc.                                  | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     13426 | NS      | $6876662.94   | 2.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Rogers Communications, Inc.                  | Rogers Communications, Inc., Class B          | CUSIP: 775109200<br>LEI: 54930030NVF3Y2OL0A78 | Long             | EC               | CORP              | CA        |     47087 | NS      | $2203768.97   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Mondelez International, Inc.                 | Mondelez International, Inc., Class A         | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     38790 | NS      | $2585353.50   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Dun & Bradstreet Holdings, Inc.              | Dun & Bradstreet Holdings, Inc.               | CUSIP: 26484T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    173290 | NS      | $2124535.40   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Sealed Air Corp.                             | Sealed Air Corp.                              | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    113471 | NS      | $5659933.48   | 1.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Dollar Tree, Inc.                            | Dollar Tree, Inc.                             | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     38979 | NS      | $5513189.76   | 1.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Digital Corp.                        | Western Digital Corp.                         | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    177680 | NS      | $5605804.00   | 1.80%             |  |  |  | No            | 1                  | On Loan: No      |
| American International Group, Inc.           | American International Group, Inc.            | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    111847 | NS      | $7073204.28   | 2.28%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co.                           | General Motors Co.                            | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    196153 | NS      | $6598586.92   | 2.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Visa, Inc.                                   | Visa, Inc., Class A                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      9280 | NS      | $1928012.80   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Sanofi                                       | Sanofi                                        | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    164475 | NS      | $7965524.25   | 2.56%             |  |  |  | No            | 1                  | On Loan: —       |
| British American Tobacco plc                 | British American Tobacco plc                  | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     42120 | NS      | $1683957.60   | 0.54%             |  |  |  | No            | 1                  | On Loan: —       |
| Citizens Financial Group, Inc.               | Citizens Financial Group, Inc.                | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    129070 | NS      | $5081485.90   | 1.64%             |  |  |  | No            | 1                  | On Loan: No      |
| SL Liquidity Series, LLC                     | Money Market Series                           | CUSIP: N/A<br>LEI: 549300I0RQO84VDWQP47       | Long             | STIV             | RF                | US        |  27819139 | NS      | $27816356.87  | 8.95%             |  |  |  | No            | N/A                | On Loan: No      |
| Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc.  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    100419 | NS      | $6813429.15   | 2.19%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR S&P Biotech ETF                         | SPDR S&P Biotech ETF                          | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Long             |  | RF                | US        |     43080 | NS      | $3575640.00   | 1.15%             |  |  |  | No            | 1                  | On Loan: —       |
| Samsung Electronics Co. Ltd.                 | Samsung Electronics Co. Ltd.                  | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    132010 | NS      | $5794347.06   | 1.87%             |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2022-12-31

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

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer