# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0002071691-25-007645
**Filing Date:** 2025-11
**Character Count:** 19445
**Document Hash:** 0323c1c5ec30ede23a17b245ef673aa6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-007645.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002071691-25-007645

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Variable Series Funds, Inc.
- **CENTRAL INDEX KEY:** 0000355916

**ORGANIZATION NAME:**
- **EIN:** 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:** 251526971

**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 Large Cap Focus Growth V.I. Fund (Series ID: S000002877)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007908 | Class I      |  |
| C000007910 | 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 Large Cap Focus Growth V.I. Fund

- **b. EDGAR series identifier (if any):** S000002877

- **c. LEI of Series:** I48RIL47DQ85JDFILO30

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $286398936.76

**Total Liabilities:** $7150163.44

**Net Assets:** $279248773.32

**Cash Not Reported:** $329475.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007910 | 2.30%                | -0.59%               | 4.00%                |
| Class ID C000007908 | 2.33%                | -0.57%               | 4.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2239571.27              | $4143330.69                                |
| Month 2  | $3671795.08              | $-5204470.26                               |
| Month 3  | $3422376.27              | $7285445.75                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Oracle Corp.                                | Oracle Corp.                                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     13555 | NS      | $3812208.20   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.                | Cadence Design Systems, Inc.                           | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     15324 | NS      | $5382708.24   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd.            | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     22488 | NS      | $6280673.52   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                              | Amphenol Corp., Class A                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     17463 | NS      | $2161046.25   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group, Inc.                          | CoStar Group, Inc.                                     | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     16844 | NS      | $1421128.28   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                | NVIDIA Corp.                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    204828 | NS      | $38216808.24  | 13.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                            | Amazon.com, Inc.                                       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    102249 | NS      | $22450812.93  | 8.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.             | Hilton Worldwide Holdings, Inc.                        | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     11149 | NS      | $2892496.56   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                             | Eli Lilly & Co.                                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      9232 | NS      | $7044016.00   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                               | Danaher Corp.                                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      9849 | NS      | $1952662.74   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                                    | Adyen NV                                               | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |      2045 | NS      | $3290566.12   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Howmet Aerospace, Inc.                      | Howmet Aerospace, Inc.                                 | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     15188 | NS      | $2980341.24   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                     | Boston Scientific Corp.                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     29261 | NS      | $2856751.43   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                | Intuit, Inc.                                           | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     11662 | NS      | $7964096.42   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake, Inc.                             | Snowflake, Inc., Class A                               | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      4150 | NS      | $936032.50    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                 | Apple, Inc.                                            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     72245 | NS      | $18395744.35  | 6.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp.                            | Fair Isaac Corp.                                       | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      1030 | NS      | $1541425.90   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                         | BlackRock Cash Funds: Institutional, SL Agency Shares  | CUSIP: 066922519<br>LEI: 549300JDHS1T46VWOG19 | Long             | STIV             | RF                | US        |   6656825 | NS      | $6660153.29   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                       | Spotify Technology SA                                  | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |      9037 | NS      | $6307826.00   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                 | Tesla, Inc.                                            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     16127 | NS      | $7171999.44   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co., Inc.                             | KKR & Co., Inc.                                        | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     41642 | NS      | $5411377.90   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                             | ASML Holding NV (Registered), NYRS                     | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1614 | NS      | $1562497.26   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies plc                      | Trane Technologies plc                                 | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |      3860 | NS      | $1628765.60   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                 | Carvana Co., Class A                                   | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     11503 | NS      | $4339391.72   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.                         | Vertiv Holdings Co., Class A                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      7540 | NS      | $1137484.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group, Inc.                       | TransDigm Group, Inc.                                  | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1222 | NS      | $1610620.44   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co. (The)                  | Sherwin-Williams Co. (The)                             | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2897 | NS      | $1003115.22   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                       | Axon Enterprise, Inc.                                  | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      4964 | NS      | $3562364.96   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ByteDance Ltd., Series E-1                  | ByteDance Ltd., Series E-1                             | CUSIP: N/A<br>LEI: 54930057HU24VGK3CO92       | Long             | EP               | CORP              | GB        |     17396 | NS      | $4398926.52   | 1.58%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ASM International NV                        | ASM International NV                                   | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |      3544 | NS      | $2137562.70   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrari NV                                  | Ferrari NV                                             | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |     10787 | NS      | $5234068.14   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.                            | S&P Global, Inc.                                       | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      5923 | NS      | $2882783.33   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                              | Broadcom, Inc.                                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     55682 | NS      | $18370048.62  | 6.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                        | Meta Platforms, Inc., Class A                          | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     24161 | NS      | $17743355.18  | 6.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                               | Netflix, Inc.                                          | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      7292 | NS      | $8742524.64   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital, Inc.                      | Blue Owl Capital, Inc., Class A                        | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113616 | NS      | $1923518.88   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning, Inc.                               | Corning, Inc.                                          | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     21492 | NS      | $1762988.76   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                              | AppLovin Corp., Class A                                | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     10394 | NS      | $7468504.76   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                   | BlackRock Liquidity Funds, T-Fund, Institutional Class | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    389012 | NS      | $389012.36    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                             | Microsoft Corp.                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     55408 | NS      | $28698573.60  | 10.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                    | Intuitive Surgical, Inc.                               | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      9208 | NS      | $4118093.84   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                               | Shopify, Inc., Class A                                 | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      9859 | NS      | $1465145.99   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                  | Visa, Inc., Class A                                    | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     30846 | NS      | $10530207.48  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                | Charter Communications, Inc., Class A                  | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |       636 | NS      | $174966.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer