# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-204385
**Filing Date:** 2025-8
**Character Count:** 54033
**Document Hash:** 9d2ce01e2e43ff28222c4b34c08e821c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204385.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204385

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251254545

**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 Global Materials ETF (Series ID: S000008884)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000024198 | iShares Global Materials ETF | MXI             |

## Nport-Ex

Schedule of Investments (unaudited)

June 30, 2025

**iShares® Global Materials ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Australia — 9.3%** | **Australia — 9.3%** | **Australia — 9.3%** |
| BHP Group Ltd. | &nbsp;&nbsp;&nbsp; 480360 | $11556306 |
| BlueScope Steel Ltd. | &nbsp;&nbsp;&nbsp; 41448 | 631607 |
| Evolution Mining Ltd. | &nbsp;&nbsp;&nbsp; 189222 | 985145 |
| Fortescue Ltd. | &nbsp;&nbsp;&nbsp; 160027 | 1608628 |
| James Hardie Industries PLC<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 40621 | 1090809 |
| Northern Star Resources Ltd. | &nbsp;&nbsp;&nbsp; 131120 | 1619613 |
| Rio Tinto Ltd. | &nbsp;&nbsp;&nbsp; 35208 | 2492382 |
| South32 Ltd. | &nbsp;&nbsp;&nbsp; 426046 | 814130 |
|  |  | 20798620 |
| **Belgium — 0.2%** | **Belgium — 0.2%** | **Belgium — 0.2%** |
| Syensqo SA | &nbsp;&nbsp;&nbsp; 6858 | 531250 |
| **Brazil — 1.5%** | **Brazil — 1.5%** | **Brazil — 1.5%** |
| Vale SA, Class B, ADR | &nbsp;&nbsp;&nbsp; 338855 | 3290282 |
| **Canada — 10.8%** | **Canada — 10.8%** | **Canada — 10.8%** |
| Agnico Eagle Mines Ltd. | &nbsp;&nbsp;&nbsp; 47631 | 5674796 |
| Barrick Mining Corp. | &nbsp;&nbsp;&nbsp; 162903 | 3391445 |
| CCL Industries Inc., Class B, NVS | &nbsp;&nbsp;&nbsp; 13777 | 803401 |
| First Quantum Minerals Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 63853 | 1134279 |
| Franco-Nevada Corp. | &nbsp;&nbsp;&nbsp; 18250 | 2996257 |
| Kinross Gold Corp. | &nbsp;&nbsp;&nbsp; 116275 | 1817024 |
| Nutrien Ltd. | &nbsp;&nbsp;&nbsp; 46139 | 2688547 |
| Teck Resources Ltd., Class B | &nbsp;&nbsp;&nbsp; 41830 | 1691631 |
| Wheaton Precious Metals Corp. | &nbsp;&nbsp;&nbsp; 42887 | 3856759 |
|  |  | 24054139 |
| **Chile — 0.3%** | **Chile — 0.3%** | **Chile — 0.3%** |
| Empresas CMPC SA | &nbsp;&nbsp;&nbsp; 104326 | 159464 |
| Sociedad Quimica y Minera de Chile SA, ADR<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13582 | 479037 |
|  |  | 638501 |
| **Denmark — 1.1%** | **Denmark — 1.1%** | **Denmark — 1.1%** |
| Novonesis Novozymes B, Class B | &nbsp;&nbsp;&nbsp; 33420 | 2399452 |
| **Finland — 0.9%** | **Finland — 0.9%** | **Finland — 0.9%** |
| Stora Enso OYJ, Class R | &nbsp;&nbsp;&nbsp; 57967 | 630193 |
| UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp; 49870 | 1361851 |
|  |  | 1992044 |
| **France — 5.9%** | **France — 5.9%** | **France — 5.9%** |
| Air Liquide SA<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 54740 | 11287446 |
| ArcelorMittal SA | &nbsp;&nbsp;&nbsp; 42712 | 1356290 |
| Arkema SA | &nbsp;&nbsp;&nbsp; 6050 | 446753 |
|  |  | 13090489 |
| **Germany — 4.4%** | **Germany — 4.4%** | **Germany — 4.4%** |
| BASF SE | &nbsp;&nbsp;&nbsp; 84522 | 4180416 |
| Covestro AG<sup>(a)(c)</sup> | &nbsp;&nbsp;&nbsp; 17860 | 1273793 |
| Heidelberg Materials AG | &nbsp;&nbsp;&nbsp; 12477 | 2938293 |
| Symrise AG, Class A | &nbsp;&nbsp;&nbsp; 12548 | 1315839 |
|  |  | 9708341 |
| **Japan — 6.4%** | **Japan — 6.4%** | **Japan — 6.4%** |
| Asahi Kasei Corp. | &nbsp;&nbsp;&nbsp; 129100 | 919032 |
| JFE Holdings Inc. | &nbsp;&nbsp;&nbsp; 60500 | 703776 |
| Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp; 136000 | 714819 |
| Nippon Paint Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 101200 | 813876 |
| Nippon Steel Corp. | &nbsp;&nbsp;&nbsp; 101529 | 1920109 |
| Nitto Denko Corp. | &nbsp;&nbsp;&nbsp; 66800 | 1290006 |
| Shin-Etsu Chemical Co. Ltd. | &nbsp;&nbsp;&nbsp; 187900 | 6204825 |
| Sumitomo Metal Mining Co. Ltd. | &nbsp;&nbsp;&nbsp; 25900 | 638305 |
| Toray Industries Inc. | &nbsp;&nbsp;&nbsp; 154200 | 1055538 |
|  |  | 14260286 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Mexico — 1.2%** | **Mexico — 1.2%** | **Mexico — 1.2%** |
| Cemex SAB de CV, NVS | &nbsp;&nbsp;&nbsp; 1430469 | $987214 |
| Grupo Mexico SAB de CV, Series B, Class B | &nbsp;&nbsp;&nbsp; 294269 | 1782441 |
|  |  | 2769655 |
| **Netherlands — 1.4%** | **Netherlands — 1.4%** | **Netherlands — 1.4%** |
| Akzo Nobel NV | &nbsp;&nbsp;&nbsp; 16148 | 1133003 |
| DSM-Firmenich AG | &nbsp;&nbsp;&nbsp; 19584 | 2083447 |
|  |  | 3216450 |
| **Norway — 0.6%** | **Norway — 0.6%** | **Norway — 0.6%** |
| Norsk Hydro ASA | &nbsp;&nbsp;&nbsp; 125262 | 717300 |
| Yara International ASA | &nbsp;&nbsp;&nbsp; 15324 | 565497 |
|  |  | 1282797 |
| **Peru — 0.4%** | **Peru — 0.4%** | **Peru — 0.4%** |
| Southern Copper Corp. | &nbsp;&nbsp;&nbsp; 8358 | 845579 |
| **Sweden — 0.9%** | **Sweden — 0.9%** | **Sweden — 0.9%** |
| Boliden AB<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 26859 | 839329 |
| SSAB AB, Class B<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 57603 | 340964 |
| Svenska Cellulosa AB SCA, Class B | &nbsp;&nbsp;&nbsp; 56200 | 730755 |
|  |  | 1911048 |
| **Switzerland — 5.4%** | **Switzerland — 5.4%** | **Switzerland — 5.4%** |
| Amrize Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 378 | 18856 |
| Givaudan SA, Registered | &nbsp;&nbsp;&nbsp; 752 | 3646844 |
| Holcim AG | &nbsp;&nbsp;&nbsp; 49801 | 3698179 |
| SIG Group AG | &nbsp;&nbsp;&nbsp; 32565 | 602356 |
| Sika AG, Registered | &nbsp;&nbsp;&nbsp; 15198 | 4135129 |
|  |  | 12101364 |
| **United Kingdom — 6.8%** | **United Kingdom — 6.8%** | **United Kingdom — 6.8%** |
| Anglo American PLC, NVS | &nbsp;&nbsp;&nbsp; 111324 | 3281596 |
| Antofagasta PLC | &nbsp;&nbsp;&nbsp; 32610 | 810778 |
| Croda International PLC | &nbsp;&nbsp;&nbsp; 13290 | 533567 |
| Glencore PLC | &nbsp;&nbsp;&nbsp; 920590 | 3587208 |
| Johnson Matthey PLC | &nbsp;&nbsp;&nbsp; 16097 | 383819 |
| Mondi PLC | &nbsp;&nbsp;&nbsp; 41866 | 684111 |
| Rio Tinto PLC | &nbsp;&nbsp;&nbsp; 100883 | 5871801 |
|  |  | 15152880 |
| **United States — 42.0%** | **United States — 42.0%** | **United States — 42.0%** |
| Air Products and Chemicals Inc. | &nbsp;&nbsp;&nbsp; 21061 | 5940466 |
| Albemarle Corp. | &nbsp;&nbsp;&nbsp; 11123 | 697078 |
| Amcor PLC | &nbsp;&nbsp;&nbsp; 216536 | 1989966 |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp; 7388 | 1296372 |
| Ball Corp. | &nbsp;&nbsp;&nbsp; 26216 | 1470455 |
| CF Industries Holdings Inc. | &nbsp;&nbsp;&nbsp; 15310 | 1408520 |
| Corteva Inc. | &nbsp;&nbsp;&nbsp; 64583 | 4813371 |
| Dow Inc. | &nbsp;&nbsp;&nbsp; 66797 | 1768785 |
| DuPont de Nemours Inc. | &nbsp;&nbsp;&nbsp; 39676 | 2721377 |
| Eastman Chemical Co. | &nbsp;&nbsp;&nbsp; 10911 | 814615 |
| Ecolab Inc. | &nbsp;&nbsp;&nbsp; 23879 | 6433958 |
| Freeport-McMoRan Inc. | &nbsp;&nbsp;&nbsp; 135928 | 5892479 |
| International Flavors & Fragrances Inc. | &nbsp;&nbsp;&nbsp; 24172 | 1777851 |
| International Paper Co. | &nbsp;&nbsp;&nbsp; 50074 | 2344965 |
| Linde PLC | &nbsp;&nbsp;&nbsp; 44546 | 20900092 |
| LyondellBasell Industries NV, Class A | &nbsp;&nbsp;&nbsp; 24297 | 1405824 |
| Martin Marietta Materials Inc. | &nbsp;&nbsp;&nbsp; 5697 | 3127425 |
| Mosaic Co. (The) | &nbsp;&nbsp;&nbsp; 29978 | 1093597 |
| Newmont Corp. | &nbsp;&nbsp;&nbsp; 105327 | 6136351 |
| Nucor Corp. | &nbsp;&nbsp;&nbsp; 21874 | 2833558 |
| Packaging Corp. of America | &nbsp;&nbsp;&nbsp; 8443 | 1591083 |
| PPG Industries Inc. | &nbsp;&nbsp;&nbsp; 21451 | 2440051 |
| Sherwin-Williams Co. (The) | &nbsp;&nbsp;&nbsp; 21818 | 7491429 |
| Smurfit WestRock PLC | &nbsp;&nbsp;&nbsp; 46863 | 2022139 |
| Steel Dynamics Inc. | &nbsp;&nbsp;&nbsp; 13115 | 1678851 |

---

------

Schedule of Investments (unaudited)(continued)

June 30, 2025

**iShares® Global Materials ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** |
| Vulcan Materials Co. | &nbsp;&nbsp;&nbsp; 12519 | $3265206 |
|  |  | 93355864 |
| **Total Common Stocks — 99.5%** <br>**(Cost: $248,677,746)** | **Total Common Stocks — 99.5%** <br>**(Cost: $248,677,746)** | 221399041 |
| **Preferred Stocks** | **Preferred Stocks** | **Preferred Stocks** |
| **Brazil — 0.2%** | **Brazil — 0.2%** | **Brazil — 0.2%** |
| Gerdau SA, Preference Shares, ADR | &nbsp;&nbsp;&nbsp; 124852 | 364568 |
| **Total Preferred Stocks — 0.2%** <br>**(Cost: $977,721)** | **Total Preferred Stocks — 0.2%** <br>**(Cost: $977,721)** | 364568 |
| **Total Long-Term Investments — 99.7%** <br>**(Cost: $249,655,467)** | **Total Long-Term Investments — 99.7%** <br>**(Cost: $249,655,467)** | 221763609 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.9%** | **Money Market Funds — 1.9%** | **Money Market Funds — 1.9%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 4.47%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 4163493 | 4165158 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Money Market Funds (continued)** | **Money Market Funds (continued)** | **Money Market Funds (continued)** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 120000 | $120000 |
| **Total Short-Term Securities — 1.9%** <br>**(Cost: $4,285,156)** | **Total Short-Term Securities — 1.9%** <br>**(Cost: $4,285,156)** | 4285158 |
| **Total Investments — 101.6%** <br>**(Cost: $253,940,623)** | **Total Investments — 101.6%** <br>**(Cost: $253,940,623)** | 226048767 |
| **Liabilities in Excess of Other Assets — (1.6)%** | **Liabilities in Excess of Other Assets — (1.6)%** | (3654481)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $222394286 |

---

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

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

<sup>(b)</sup> All or a portion of this security is on loan.

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

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

<sup>(f)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 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>*03/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*06/30/25*<br>| *Shares* <br>*Held at* <br>*06/30/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $573105 | $3592093 <br><sup>(a)</sup><br>| $— | &nbsp;&nbsp; $(70)<br>| $30 | $4165158 | 4163493 | $1805 <br><sup>(b)</sup><br>| $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp; 320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (200000 )<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 120000 | 120000 | &nbsp;&nbsp; 3398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $(70) | $30 | $4285158 |  | $5203 | $— |

---

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

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

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; S&P/TSE 60 Index | &nbsp;&nbsp;&nbsp; 1 | 09/18/25 | &nbsp;&nbsp; $235 | $2392 |
| &nbsp;&nbsp;&nbsp; FTSE 100 Index | &nbsp;&nbsp;&nbsp; 1 | 09/19/25 | &nbsp;&nbsp; 121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (834) |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index | &nbsp;&nbsp;&nbsp; 3 | 09/19/25 | &nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6324 |
|  |  |  |  | $7882 |

---

**Fair Value Hierarchy as of Period End** 

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

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

------

Schedule of Investments (unaudited)(continued)

June 30, 2025

**iShares® Global Materials ETF**

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

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $124972876 | &nbsp;&nbsp; $96426165 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $221399041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; 364568 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 364568 |
| &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; 4285158 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4285158 |
|  | &nbsp;&nbsp; $129622602 | &nbsp;&nbsp; $96426165 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $226048767 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $8716 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $8716 |
| &nbsp;&nbsp;&nbsp; Liabilities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp; (834)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (834)<br>|
|  | &nbsp;&nbsp; $8716 | &nbsp;&nbsp; $(834)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $7882 |

---

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

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

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| ADR | American Depositary Receipt |
| NVS | Non-Voting Shares |

---

------

## 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 Global Materials ETF

- **b. EDGAR series identifier (if any):** S000008884

- **c. LEI of Series:** 5493002KBLGLSL52T116

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $230749437.84

**Total Liabilities:** $8355451.73

**Net Assets:** $222393986.11

**Cash Not Reported:** $434315.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024198 | 0.69%                | 3.14%                | 2.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1374943.98              | $-374581.20                                |
| Month 2  | $-250140.80              | $5938716.37                                |
| Month 3  | $-430755.74              | $4458849.79                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Albemarle Corp                                   | Albemarle Corp                                        | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     11123 | NS      | $697078.41    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                          | Dow Inc                                               | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     66797 | NS      | $1768784.56   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES   | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |    120000 | NS      | $120000.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                                       | Boliden AB                                            | CUSIP: 000000000<br>LEI: 21380059QU7IM1ONDJ56 | Long             | EC               | CORP              | SE        |     26859 | NS      | $839329.20    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Barrick Mining Corp                              | Barrick Mining Corp                                   | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    162903 | NS      | $3391444.87   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico SAB de CV                           | Grupo Mexico SAB de CV                                | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |    294269 | NS      | $1782441.02   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Stora Enso Oyj                                   | Stora Enso Oyj                                        | CUSIP: 000000000<br>LEI: 7437000ZP669LKUTZ738 | Long             | EC               | CORP              | FI        |     57967 | NS      | $630193.35    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                         | Svenska Cellulosa AB SCA                              | CUSIP: 000000000<br>LEI: 549300FW5JDRV1IJ0M67 | Long             | EC               | CORP              | SE        |     56200 | NS      | $730755.25    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Ball Corp                                        | Ball Corp                                             | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     26216 | NS      | $1470455.44   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals Inc                   | Air Products and Chemicals Inc                        | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     21061 | NS      | $5940465.66   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                             | Southern Copper Corp                                  | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      8358 | NS      | $845578.86    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto Ltd                                    | Rio Tinto Ltd                                         | CUSIP: 000000000<br>LEI: 529900X2VMAQT2PE0V24 | Long             | EC               | CORP              | AU        |     35208 | NS      | $2492382.27   | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Metal Mining Co Ltd                     | Sumitomo Metal Mining Co Ltd                          | CUSIP: 000000000<br>LEI: 353800CF81IXL9974H84 | Long             | EC               | CORP              | JP        |     25900 | NS      | $638304.85    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                        | Holcim AG                                             | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     49801 | NS      | $3698179.08   | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Covestro AG                                      | Covestro AG                                           | CUSIP: 000000000<br>LEI: 3912005AWHKLQ1CPLV11 | Long             | EC               | CORP              | DE        |     17860 | NS      | $1273792.99   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution Mining Ltd                             | Evolution Mining Ltd                                  | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |    189222 | NS      | $985145.34    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Syensqo SA                                       | Syensqo SA                                            | CUSIP: 000000000<br>LEI: 549300060XNJ90PLNS10 | Long             | EC               | CORP              | BE        |      6858 | NS      | $531250.43    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Amcor PLC                                        | Amcor PLC                                             | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |    216536 | NS      | $1989965.84   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                                  | Cemex SAB de CV                                       | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |   1430469 | NS      | $987213.81    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd                      | Northern Star Resources Ltd                           | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    131120 | NS      | $1619612.34   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Mosaic Co/The                                    | Mosaic Co/The                                         | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     29978 | NS      | $1093597.44   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                               | PPG Industries Inc                                    | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     21451 | NS      | $2440051.25   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC                      | James Hardie Industries PLC                           | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |     40621 | NS      | $1090808.58   | 0.49%             |  |  |  | No            |                  2 | On Loan: —       |
| Toray Industries Inc                             | Toray Industries Inc                                  | CUSIP: 000000000<br>LEI: 35380099TCYR5FHT0A11 | Long             | EC               | CORP              | JP        |    154200 | NS      | $1055537.65   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                                    | Akzo Nobel NV                                         | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |     16148 | NS      | $1133002.87   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Nucor Corp                                       | Nucor Corp                                            | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     21874 | NS      | $2833557.96   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                      | Corteva Inc                                           | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     64583 | NS      | $4813370.99   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                              | Vulcan Materials Co                                   | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     12519 | NS      | $3265205.58   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe - Financial Products Division | FTSE 100 IDX FUT SEP25                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        |         1 | NC      | $-834.34      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                              | Eastman Chemical Co                                   | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     10911 | NS      | $814615.26    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Gerdau SA                                        | Gerdau SA                                             | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |    124852 | NS      | $364567.84    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                              | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   4076577 | NS      | $4078207.36   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                               | Teck Resources Ltd                                    | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     41830 | NS      | $1691630.70   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Matthey PLC                              | Johnson Matthey PLC                                   | CUSIP: 000000000<br>LEI: 2138001AVBSD1HSC6Z10 | Long             | EC               | CORP              | GB        |     16097 | NS      | $383818.73    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Packaging Corp of America                        | Packaging Corp of America                             | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      8443 | NS      | $1591083.35   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                     | Newmont Corp                                          | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    105327 | NS      | $6136351.02   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc                            | DuPont de Nemours Inc                                 | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     39676 | NS      | $2721376.84   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                        | Linde PLC                                             | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     44546 | NS      | $20900092.28  | 9.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                       | Symrise AG                                            | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |     12548 | NS      | $1315839.01   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE Futures U.S., Inc.                           | MSCI EMGMKT SEP25                                     | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         3 | NC      | $6324.49      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                                   | Air Liquide SA                                        | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     54740 | NS      | $11287446.00  | 5.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd                           | Agnico Eagle Mines Ltd                                | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     47631 | NS      | $5674795.99   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                               | Steel Dynamics Inc                                    | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     13115 | NS      | $1678851.15   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JFE Holdings Inc                                 | JFE Holdings Inc                                      | CUSIP: 000000000<br>LEI: 3538002Y11Y03NA9B530 | Long             | EC               | CORP              | JP        |     60500 | NS      | $703775.56    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp                                 | Asahi Kasei Corp                                      | CUSIP: 000000000<br>LEI: 353800GPI4Z3MGDGN142 | Long             | EC               | CORP              | JP        |    129100 | NS      | $919031.91    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                    | Martin Marietta Materials Inc                         | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      5697 | NS      | $3127425.12   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DSM-Firmenich AG                                 | DSM-Firmenich AG                                      | CUSIP: 000000000<br>LEI: 506700G44V67MPM4BI12 | Long             | EC               | CORP              | CH        |     19584 | NS      | $2083447.60   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitto Denko Corp                                 | Nitto Denko Corp                                      | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |     66800 | NS      | $1290006.15   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                           | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     46139 | NS      | $2688547.57   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueScope Steel Ltd                              | BlueScope Steel Ltd                                   | CUSIP: 000000000<br>LEI: 529900H6UQI16XACWC95 | Long             | EC               | CORP              | AU        |     41448 | NS      | $631606.87    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                                          | Sika AG                                               | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |     15198 | NS      | $4135129.09   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecolab Inc                                       | Ecolab Inc                                            | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     23879 | NS      | $6433957.76   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Arkema SA                                        | Arkema SA                                             | CUSIP: 000000000<br>LEI: 9695000EHMS84KKP2785 | Long             | EC               | CORP              | FR        |      6050 | NS      | $446753.62    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                        | Shin-Etsu Chemical Co Ltd                             | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |    187900 | NS      | $6204825.35   | 2.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Antofagasta PLC                                  | Antofagasta PLC                                       | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | EC               | CORP              | GB        |     32610 | NS      | $810777.81    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Paint Holdings Co Ltd                     | Nippon Paint Holdings Co Ltd                          | CUSIP: 000000000<br>LEI: 529900RYRJUN78A7PL87 | Long             | EC               | CORP              | JP        |    101200 | NS      | $813876.56    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis Novozymes B                            | Novonesis Novozymes B                                 | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     33420 | NS      | $2399451.57   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                    | Rio Tinto PLC                                         | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    100883 | NS      | $5871800.82   | 2.64%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                          | BASF SE                                               | CUSIP: 000000000<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |     84522 | NS      | $4180416.23   | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp                   | Mitsubishi Chemical Group Corp                        | CUSIP: 000000000<br>LEI: 353800YNKX4RQUGAR072 | Long             | EC               | CORP              | JP        |    136000 | NS      | $714818.87    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                             | Freeport-McMoRan Inc                                  | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    135928 | NS      | $5892478.80   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                          | Vale SA                                               | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    338855 | NS      | $3290282.05   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                          | Sherwin-Williams Co/The                               | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     21818 | NS      | $7491428.48   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                                      | Givaudan SA                                           | CUSIP: 000000000<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |       752 | NS      | $3646843.34   | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                                | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     50074 | NS      | $2344965.42   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal       | S+P/TSX 60 IX FUT SEP25                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |         1 | NC      | $2391.94      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd                                    | BHP Group Ltd                                         | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    480360 | NS      | $11556306.20  | 5.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi PLC                                        | Mondi PLC                                             | CUSIP: 000000000<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |     41866 | NS      | $684111.42    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Avery Dennison Corp                              | Avery Dennison Corp                                   | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      7388 | NS      | $1296372.36   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Steel Corp                                | Nippon Steel Corp                                     | CUSIP: 000000000<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |    101529 | NS      | $1920109.45   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Wheaton Precious Metals Corp                     | Wheaton Precious Metals Corp                          | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     42887 | NS      | $3856759.33   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd                                       | Amrize Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |       378 | NS      | $18855.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidelberg Materials AG                          | Heidelberg Materials AG                               | CUSIP: 000000000<br>LEI: LZ2C6E0W5W7LQMX5ZI37 | Long             | EC               | CORP              | DE        |     12477 | NS      | $2938292.58   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                | Kinross Gold Corp                                     | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |    116275 | NS      | $1817023.68   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                     | LyondellBasell Industries NV                          | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     24297 | NS      | $1405824.42   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA            | Sociedad Quimica y Minera de Chile SA                 | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |     13582 | NS      | $479037.14    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| SSAB AB                                          | SSAB AB                                               | CUSIP: 000000000<br>LEI: 529900329VS14ZIML164 | Long             | EC               | CORP              | SE        |     57603 | NS      | $340963.80    | 0.15%             |  |  |  | No            |                  2 | On Loan: —       |
| Norsk Hydro ASA                                  | Norsk Hydro ASA                                       | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |    125262 | NS      | $717300.13    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc           | International Flavors & Fragrances Inc                | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     24172 | NS      | $1777850.60   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd                                    | Fortescue Ltd                                         | CUSIP: 000000000<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |    160027 | NS      | $1608628.34   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| CF Industries Holdings Inc                       | CF Industries Holdings Inc                            | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     15310 | NS      | $1408520.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                                     | Glencore PLC                                          | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |    920590 | NS      | $3587208.61   | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| SIG Group AG                                     | SIG Group AG                                          | CUSIP: 000000000<br>LEI: 5493004Z6P7TSVB1L042 | Long             | EC               | CORP              | CH        |     32565 | NS      | $602356.13    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene Oyj                                  | UPM-Kymmene Oyj                                       | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |     49870 | NS      | $1361850.84   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Smurfit WestRock PLC                             | Smurfit WestRock PLC                                  | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     46863 | NS      | $2022138.45   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| South32 Ltd                                      | South32 Ltd                                           | CUSIP: 000000000<br>LEI: 213800LAZNPXSBKVHR17 | Long             | EC               | CORP              | AU        |    426046 | NS      | $814129.74    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                 | ArcelorMittal SA                                      | CUSIP: 000000000<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |     42712 | NS      | $1356289.89   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp                               | Franco-Nevada Corp                                    | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     18250 | NS      | $2996256.66   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CCL Industries Inc                               | CCL Industries Inc                                    | CUSIP: 124900309<br>LEI: 549300TD3EMSRRC0YH75 | Long             | EC               | CORP              | CA        |     13777 | NS      | $803401.19    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Croda International PLC                          | Croda International PLC                               | CUSIP: 000000000<br>LEI: 2138004WCNBFJEEOXV26 | Long             | EC               | CORP              | GB        |     13290 | NS      | $533566.87    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American PLC                               | Anglo American PLC                                    | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    111324 | NS      | $3281595.64   | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                           | Yara International ASA                                | CUSIP: 000000000<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | EC               | CORP              | NO        |     15324 | NS      | $565496.63    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Empresas CMPC SA                                 | Empresas CMPC SA                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |    104326 | NS      | $159463.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                       | First Quantum Minerals Ltd                            | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |     63853 | NS      | $1134278.74   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer