# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0000940400-25-014168
**Filing Date:** 2025-12
**Character Count:** 16631
**Document Hash:** 31dbc86446a671b6b5fc2beb6ba87377
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014168.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000940400-25-014168

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260731

**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:** 251597723

**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 Large Cap 10% Target Buffer Dec ETF (Series ID: S000095367)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000264086 | iShares Large Cap 10% Target Buffer Dec ETF | TEND            |

## Nport-Ex

Schedule of Investments (unaudited)

October 31, 2025

**iShares® Large Cap 10% Target Buffer Dec ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Investment Companies** | **Investment Companies** | **Investment Companies** |
| **Equity Funds — 100.4%** | **Equity Funds — 100.4%** | **Equity Funds — 100.4%** |
| iShares Core S&P 500 ETF<sup>(a)(b)</sup> | 76863 | $52668834 |
| **Total Long-Term Investments — 100.4%** <br>**(Cost: $51,662,739)** | **Total Long-Term Investments — 100.4%** <br>**(Cost: $51,662,739)** | 52668834 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.2%** | **Money Market Funds — 0.2%** | **Money Market Funds — 0.2%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.05%<sup>(a)(c)</sup><br>| 128199 | 128199 |
| **Total Short-Term Securities — 0.2%** <br>**(Cost: $128,199)** | **Total Short-Term Securities — 0.2%** <br>**(Cost: $128,199)** | 128199 |
| **Options Purchased — 1.8%** <br>**(Cost: $1,280,547)** | **Options Purchased — 1.8%** <br>**(Cost: $1,280,547)** | 928257 |
| **Total Investments Before Options Written — 102.4%** <br>**(Cost: $53,071,485)** | **Total Investments Before Options Written — 102.4%** <br>**(Cost: $53,071,485)** | 53725290 |
| **Options Written — (2.4)%** <br>**(Premiums Received: $(1029354))** | **Options Written — (2.4)%** <br>**(Premiums Received: $(1029354))** | (1281139)<br>|
| **Total Investments Net of Options Written — 100.0%** <br>**(Cost: $52,042,131)** | **Total Investments Net of Options Written — 100.0%** <br>**(Cost: $52,042,131)** | 52444151 |
| **Other Assets Less Liabilities — 0.0%** | **Other Assets Less Liabilities — 0.0%** | 13697 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $52457848 |

---

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

<sup>(a)</sup> Affiliate of the Fund. <br> <sup>(b)</sup> All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. <br> <sup>(c)</sup> Annualized 7-day yield as of period end.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*10/07/25*<sup>(a)</sup> <br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain* <br>*(Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares<br>| &nbsp;&nbsp; $—<br>| &nbsp;&nbsp; $128199 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $128199 | &nbsp;&nbsp; 128199 | &nbsp;&nbsp; $124 | &nbsp;&nbsp; $— |
| iShares Core S&P 500 ETF | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 51672153 | &nbsp;&nbsp; (9453)<br>| &nbsp;&nbsp; 39 | &nbsp;&nbsp; 1006095 | &nbsp;&nbsp; 52668834 | &nbsp;&nbsp; 76863 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
|  |  |  |  | &nbsp;&nbsp; $39 | &nbsp;&nbsp; $1006095 | &nbsp;&nbsp; $52797033 |  | &nbsp;&nbsp; $124 | &nbsp;&nbsp; $— |

---

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

<sup>(a)</sup> The Fund commenced operations on October 07, 2025. 

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

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Micro E-Mini S&P 500 Index | 9 | 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; $309 | &nbsp;&nbsp;&nbsp;&nbsp; $5923 |

---

------

Schedule of Investments (unaudited) (continued)

October 31, 2025

**iShares® Large Cap 10% Target Buffer Dec ETF**

**Exchange-Traded Options Purchased** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp;&nbsp; *Exercise* <br>*Price* | &nbsp;&nbsp;&nbsp;&nbsp; *Exercise* <br>*Price* | &nbsp;&nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)* | &nbsp;&nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)* | *Value* |
| Put |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; iShares Core S&P 500 ETF | &nbsp;&nbsp; 773 | &nbsp;&nbsp;&nbsp;&nbsp; 01/02/26 | USD | 672.42 | USD | 52968 | &nbsp;&nbsp;&nbsp;&nbsp; $928257 |

---

**Exchange-Traded Options Written** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp;&nbsp; *Exercise* <br>*Price* | &nbsp;&nbsp;&nbsp;&nbsp; *Exercise* <br>*Price* | &nbsp;&nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)* | &nbsp;&nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)* | *Value* |
| Call |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; iShares Core S&P 500 ETF | &nbsp;&nbsp; 773 | &nbsp;&nbsp;&nbsp;&nbsp; 01/02/26 | USD | 695.62 | USD | 52968 | &nbsp;&nbsp;&nbsp;&nbsp; $(1035565)<br>|
| Put |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; iShares Core S&P 500 ETF | &nbsp;&nbsp; 773 | &nbsp;&nbsp;&nbsp;&nbsp; 01/02/26 | USD | 605.18 | USD | 52968 | &nbsp;&nbsp;&nbsp;&nbsp; (245574)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(1281139)<br>|

---

**Fair Value Hierarchy as of Period End**

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

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

&nbsp;&nbsp;&nbsp;&nbsp;• 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;• 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.

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; Investment Companies  | &nbsp;&nbsp; $52668834 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $52668834 |
| &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; 128199 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 128199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options Purchased |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; 928257 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 928257 |
|  | &nbsp;&nbsp; $53725290 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $53725290 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $5923 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $5923 |
| &nbsp;&nbsp;&nbsp; Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; (1281139)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (1281139)<br>|
|  | &nbsp;&nbsp; $(1275216)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1275216)<br>|

---

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

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

------

Schedule of Investments (unaudited) (continued)

October 31, 2025

**iShares® Large Cap 10% Target Buffer Dec ETF**

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

---

| | |
|:---|:---|
| **Currency Abbreviation**  | **Currency Abbreviation**  |
| USD | United States Dollar |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| ETF | Exchange-Traded Fund |

---

------

## 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 Large Cap 10% Target Buffer Dec ETF

- **b. EDGAR series identifier (if any):** S000095367

- **c. LEI of Series:** 5299009LFN17BYPE2874

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $53746246.95

**Total Liabilities:** $1288536.79

**Net Assets:** $52457710.16

**Cash Not Reported:** $20000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000264086 |  |  | 0.88%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $39.14                   | $1006094.92                                |

**Designated Index Information**

- **Index Name:** S&P 500 Index

- **Index Identifier:** SPTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JANE STREET LLC                  | ISHARES CORE S&P 500 ETF | CUSIP: 000000000<br>LEI: 549300E22Y3R49WJQP43 | N/A              | DE               | CORP              | US        |      -773 | NC      | $-1035564.91  | -1.97%            |  |  |  | No            |                  1 | On Loan: No      |
| JANE STREET LLC                  | ISHARES CORE S&P 500 ETF | CUSIP: 000000000<br>LEI: 549300E22Y3R49WJQP43 | N/A              | DE               | CORP              | US        |       773 | NC      | $928257.05    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| JANE STREET LLC                  | ISHARES CORE S&P 500 ETF | CUSIP: 000000000<br>LEI: 549300E22Y3R49WJQP43 | N/A              | DE               | CORP              | US        |      -773 | NC      | $-245574.37   | -0.47%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC. | SP500 MIC EMIN           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         9 | NC      | $5922.77      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF         | iShares Core S&P 500 ETF | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |     76863 | NS      | $52668833.49  | 100.40%           |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS             | BLACKROCK CASH FUNDS     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    128199 | NS      | $128199.46    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-23

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer