# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-039559
**Filing Date:** 2023-2
**Character Count:** 23677
**Document Hash:** 9a98717485b7de6f5c179aaffa4fb2c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039559.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039559

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23665681

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares U.S. Broker-Dealers & Securities Exchanges ETF (Series ID: S000009420)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000025774 | iShares U.S. Broker-Dealers & Securities Exchanges ETF | IAI             |

## Nport-Ex

# Schedule of Investments (unaudited)

December 31, 2022

# iShares® U.S. Broker-Dealers & Securities Exchanges ETF
(Percentages shown are based on Net Assets)

| Security | Shares | Value |
| --- | --- | --- |
| Common Stocks |  |  |
| Asset Management & Custody Banks- 0.3% |  |  |
| Schedule of Investments | 11,566 | $2,139,941 |
| Financial Exchanges & Data- 22.6% |  |  |
| Cboe Global Markets, Inc. | 296,605 | 37,215,029 |
| CME Group, Inc., Class A | 216,556 | 36,416,057 |
| Derivative Financial Instruments Outstanding as of Period End |  |  |

| Security | Shares | Value |
| --- | --- | --- |
| Investment Banking & Brokerage (continued) |  |  |
| Raymond James Financial, Inc. (1) | 334,596 | $35,751,583 |
| Robinhood Markets, Inc., Class A (1) | 1,948,677 | 15,845,951 |
| Stifel Financial Corp. | 406,953 | 23,753,847 |
| StoneX Group, Inc. (1) | 65,946 | 6,284,654 |
| Virtu Financial, Inc., Class A | 355,391 | 7,253,530 |
|  |  | 637,387,116 |

SCHEDULE OF INVESTMENTS

1

2

(unaudited) (continued)

December 31, 2022

| Intercontinental Exchange, Inc. | 368,142 | 37,767,688 |
| --- | --- | --- |
| Midwest Bank, Inc. | 138,525 | 38,633,237 |
| Nassau, Inc. | 587,813 | 36,062,327 |

Total Long-Term Investments - 99.8%

(Cost: $847,710,014) 825,621,395

|  |  | 186,094,338 |
| --- | --- | --- |
| Investment Banking & Brokerage- 76.9% |  |  |
| Equity Financial, Inc. | 61,178 | 2,092,288 |
| BGC Partners, Inc., Class A | 1,244,208 | 4,690,664 |
| Long Contracts |  |  |

Short-Term Securities

| Money Market Funds- 4.1% | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) |
| --- | --- | --- | --- | --- |
| BlackRock Cash Funds, Institutional, SL Agency Shares, 4.53% |  |  | 33,462,090 | 33,472,129 |

- •
- •
- •

![img-0.jpeg](img-0.jpeg)

| Chester Street & Co. (The) Motor Index | 2,089,564 | 173,977,099 | 12 | 03/17/23 | $1,274 | $(15,099) |
| --- | --- | --- | --- | --- | --- | --- |
| Corona 2000 & MVA Index | 101,742 | 3,929,276 | BlackRock Cash Funds: Treasury, SL Agency Shares |  | 531 | (16,992) |
| Evercore, Inc., Class A | 136,814 | 14,923,671 | 4.12% |  | 921,589 | 921,589 |
| Goldman Sachs Group, Inc. (The) | 463,905 | 159,295,699 | Total Short-Term Securities - 4.1% |  |  | $(32,091) |
| Fair Value Hierarchy as of Period End | 190,881 | 16,637,188 | (Cost: $34,390,147) |  |  | 34,393,718 |
| Interactive Brokers Group, Inc., Class A | 393,900 | 28,498,665 | Trade Investments - 100.0% |  |  |  |
| Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: | 101,448 | 24,045,637 | (Cost: $882,100,161) |  |  | 860,015,113 |
| LPL Financial Holdings, Inc. | 100,795 | 14,969,986 | Liabilities in Excess of Other Assets - 0.0% |  |  |  |
| Table 1. Unadjusted price quotations in active markets/changes for identical assets or liabilities that the Fund has the ability to access: |  |  |  |  |  |  |

| Moelis & Co., Class A | 244,920 | 9,397,580 |
| --- | --- | --- |
| Level 2 - Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, in any other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, market conditions, prepayment speeds, loss severities, credit rates and debentures) or other market conditions or equity, and | 227,000 | 10,000,000 |
| Piper Sander Companies | 54,112 | 1,044,000 |
| PJT Penalties, prepayment speeds, loss severities, credit rates and debentures) | 31,000 | 1,000,000 |
| Level 3 - Unobservable inputs based on the best information available in the circumstances. In the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments). | 30,000 | 1,000,000 |
| The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 2 measurements) and the lowest priority to | 30,000 | 1,000,000 |

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 basis of the fair value hierarchy. The fair value hierarchy classification is determined by the Value Management System. The value management system is defined by the Value Management System in determining the price for Fair Value Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

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

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| Categories is disclosed in the Schedule of Investments above. | 03/31/22 | at Cost | Proceeds from Sale | Net Realized Gain (Loss) | Appreciation (Depreciation) | Value at 12/31/22 | Shares Held at 12/31/22 | Income | Underlying Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Affiliated Issuer |  |  |  |  | Level 1 | Level 2 | Level 3 |  | Total |
| BlackRock Cash |  |  |  |  |  |  |  |  |  |
| Funds: Institutional, |  |  |  |  |  |  |  |  |  |
| Assets: |  |  |  |  |  |  |  |  |  |
| St. Agency Shares | $ - | $33,467,288 (a) | $ - | $1,270 | $3,571 | $33,472,129 | $33,462,090 | $6,273 (b) | $ - |
| Investments: |  |  |  |  |  |  |  |  |  |
| BlackRock Cash |  |  |  |  |  |  |  |  |  |
| Long-term Investments |  |  |  |  |  |  |  |  |  |
| Funds: Treasury, St. |  |  |  |  |  |  |  |  |  |
| Common Stocks |  |  |  | $825,621,395 | $ - | $ - | $ - | $ - | 825,621,395 |
| Agency Shares | 720,000 | 201,589 (a) | - | - | - | 921,589 | 921,589 | 12,717 | 1 |
| Short-term Securities |  |  |  |  |  |  |  |  |  |

| Money Market Funds | $ | 1,270 | 34,393,718 | 3,571 | $ | 34,393,718 |  | $ | 18,990 | 34,393,718 | 1 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | $ | 860,015,113 |  | $ | - |  | $ | - | $ | 860,015,113 |
| (d) Represents net amount purchased (sold). |  |  |  |  |  |  |  |  |  |  |  |
| (e) All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |  |  |  |  |  |
| Equity Contracts |  | $ | (32,091) |  | $ | - |  | $ | - | $ | (32,091) |

(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares U.S. Broker-Dealers & Securities Exchanges ETF

- **b. EDGAR series identifier (if any):** S000009420

- **c. LEI of Series:** 54930085FJMZ4CBKDP12

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

- **a. Date of fiscal year-end:** 2023-03-31

- **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:** $858341925.06

**Total Liabilities:** $30748556.16

**Net Assets:** $827593368.90

**Cash Not Reported:** $102976.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025774 | 12.34%               | 7.60%                | -6.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $675900.76               | $56174364.69                               |
| Month 2  | $3116499.49              | $42152174.91                               |
| Month 3  | $-17611953.52            | $-38555802.70                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INTERACTIVE BROKERS GROUP, INC.                                            | INTERACTIVE BROKERS GROUP INC                     | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    393900 | NS      | $28498665.00  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares      | BLACKROCK CASH FUNDS TREASURY                     | CUSIP: 066922477<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    921589 | NS      | $921589.49    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| STONEX GROUP INC.                                                          | STONEX GROUP INC                                  | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     65946 | NS      | $6284653.80   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                            | INTERCONTINENTAL EXCHANGE INC                     | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    368142 | NS      | $37767687.78  | 4.56%             |  |  |  | No            |                  1 | On Loan: —       |
| MOELIS & COMPANY                                                           | MOELIS CO                                         | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |    244920 | NS      | $9397580.40   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT PARTNERS INC.                                                          | PJT PARTNERS INC                                  | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |     93482 | NS      | $6888688.58   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL FINANCIAL HOLDINGS INC.                                                | LPL FINANCIAL HOLDINGS INC                        | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |    169802 | NS      | $36706098.34  | 4.44%             |  |  |  | No            |                  1 | On Loan: —       |
| BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | BLACKROCK CASH FUNDS INSTITUTIONAL FUND SL AGENCY | CUSIP: 066922519<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  30395819 | NS      | $30404938.08  | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| LAZARD LTD                                                                 | LAZARD LTD                                        | CUSIP: G54050102<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | BM        |    431785 | NS      | $14969985.95  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY, INC.                                                       | HOULIHAN LOKEY INC                                | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |    190881 | NS      | $16637187.96  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                                              | GOLDMAN SACHS GROUP INC                           | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    463905 | NS      | $159295698.90 | 19.25%            |  |  |  | No            |                  1 | On Loan: No      |
| NASDAQ, INC.                                                               | NASDAQ INC                                        | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    587813 | NS      | $36062327.55  | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COWEN INC.                                                                 | COWEN INC                                         | CUSIP: 223622606<br>LEI: 5493008QI0EFC5WBED75 | Long             | EC               | CORP              | US        |    101742 | NS      | $3929276.04   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Cboe Global Markets, Inc.                                                  | CBOE GLOBAL MARKETS INC                           | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |    296605 | NS      | $37215029.35  | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC PARTNERS, INC.                                                         | BGC PARTNERS INC                                  | CUSIP: 05541T101<br>LEI: TF1LXM1YNB81WKUH5G19 | Long             | EC               | CORP              | US        |   1244208 | NS      | $4690664.16   | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| XAF FINANCIAL MAR23                                                        | XAF FINANCIAL MAR23                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        12 | NC      | $-15099.34    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION                                             | THE CHARLES SCHWAB CORP                           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   2089564 | NS      | $173977098.64 | 21.02%            |  |  |  | No            |                  1 | On Loan: —       |
| CME GROUP INC.                                                             | CME GROUP INC                                     | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    216556 | NS      | $36416056.96  | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| E MINI RUSS 2000 MAR23                                                     | E MINI RUSS 2000 MAR23                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $-17119.26    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC.                                                              | EVERCORE INC                                      | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    136814 | NS      | $14923671.12  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKETAXESS HOLDINGS INC.                                                  | MARKETAXESS HOLDINGS INC                          | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |    138525 | NS      | $38633237.25  | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PIPER SANDLER COMPANIES                                                    | PIPER SANDLER COS                                 | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     54112 | NS      | $7044841.28   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES FINANCIAL, INC.                                              | RAYMOND JAMES FINANCIAL INC                       | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |    334596 | NS      | $35751582.60  | 4.32%             |  |  |  | No            |                  1 | On Loan: —       |
| ROBINHOOD MARKETS, INC.                                                    | ROBINHOOD MARKETS INC                             | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |   1946677 | NS      | $15845950.78  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                                             | MORGAN STANLEY                                    | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    533994 | NS      | $45400169.88  | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL FINANCIAL CORP.                                                     | STIFEL FINANCIAL CORP                             | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |    406953 | NS      | $23753846.61  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| VIRTU FINANCIAL, INC.                                                      | VIRTU FINANCIAL INC CLASS A                       | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |    355391 | NS      | $7253530.31   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| B. RILEY FINANCIAL, INC.                                                   | B RILEY FINANCIAL INC                             | CUSIP: 05580M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61178 | NS      | $2092287.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC.                                             | JEFFERIES FINANCIAL GROUP INC                     | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |    701448 | NS      | $24045637.44  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMOND HILL INVESTMENT GROUP, INC.                                        | DIAMOND HILL INVESTMENT GROUP INC                 | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |     11566 | NS      | $2139941.32   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** iShares Trust

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer