# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0000940400-26-007526
**Filing Date:** 2026-2
**Character Count:** 375229
**Document Hash:** 98fd3dbd79101909e2d0b8d88641142d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007526.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007526

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**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:** 26675598

**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 Core S&P Small-Cap ETF (Series ID: S000004313)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000012043 | iShares Core S&P Small-Cap ETF | IJR             |

## Nport-Ex

Schedule of Investments (unaudited)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 1.0%** | **Aerospace & Defense — 1.0%** | **Aerospace & Defense — 1.0%** |
| AAR Corp.<sup>(a)(b)(c)</sup> | 2326470 | $192608451 |
| Mercury Systems, Inc.<sup>(a)(b)(c)</sup> | 3165092 | 231083367 |
| Moog, Inc., Class A<sup>(a)</sup> | 1694133 | 412606092 |
| National Presto Industries, Inc. | 315262 | 33657371 |
|  |  | 869955281 |
| **Air Freight & Logistics — 0.2%** | **Air Freight & Logistics — 0.2%** | **Air Freight & Logistics — 0.2%** |
| Forward Air Corp.<sup>(b)(c)</sup> | 1339092 | 33477300 |
| Hub Group, Inc., Class A<sup>(a)(c)</sup> | 3610090 | 153825935 |
|  |  | 187303235 |
| **Automobile Components — 1.4%** | **Automobile Components — 1.4%** | **Automobile Components — 1.4%** |
| Adient PLC<sup>(a)(b)(c)</sup> | 4718926 | 90461811 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings, <br> Inc.<sup>(a)(b)(c)</sup><br>| 7168627 | 45950899 |
| Dana, Inc.<sup>(a)</sup> | 6962695 | 165433633 |
| Dorman Products, Inc.<sup>(a)(b)(c)</sup> | 1658826 | 204350775 |
| Fox Factory Holding Corp.<sup>(a)(b)</sup> | 2497444 | 42731267 |
| Gentherm, Inc.<sup>(a)(b)</sup> | 1818477 | 66138008 |
| LCI Industries<sup>(a)</sup> | 1442067 | 174980410 |
| Patrick Industries, Inc.<sup>(a)</sup> | 1983892 | 215113410 |
| Phinia, Inc.<sup>(a)</sup> | 2290842 | 143612885 |
| Standard Motor Products, Inc.<sup>(a)</sup> | 1263922 | 46575526 |
| XPEL, Inc.<sup>(a)(b)(c)</sup> | 1500640 | 74896942 |
|  |  | 1270245566 |
| **Automobiles — 0.1%** | **Automobiles — 0.1%** | **Automobiles — 0.1%** |
| Winnebago Industries, Inc.<sup>(a)</sup> | 1680397 | 68089686 |
| **Banks — 8.6%** | **Banks — 8.6%** | **Banks — 8.6%** |
| Ameris Bancorp<sup>(a)</sup> | 3817955 | 283559518 |
| Atlantic Union Bankshares Corp.<sup>(a)</sup> | 8513640 | 300531492 |
| Axos Financial, Inc.<sup>(a)(b)(c)</sup> | 3383759 | 291544675 |
| Banc of California, Inc.<sup>(a)</sup> | 7999424 | 154308889 |
| BancFirst Corp. | 1231558 | 130569779 |
| Bancorp, Inc. (The)<sup>(a)(b)(c)</sup> | 2593054 | 175083006 |
| Bank of Hawaii Corp.<sup>(a)</sup> | 2367269 | 161850182 |
| BankUnited, Inc.<sup>(a)</sup> | 4368801 | 194717461 |
| Banner Corp.<sup>(a)</sup> | 2036205 | 127588605 |
| Beacon Financial Corp.<sup>(a)</sup> | 5026373 | 132545456 |
| Capitol Federal Financial, Inc.<sup>(a)</sup> | 7245164 | 49339567 |
| Cathay General Bancorp<sup>(a)</sup> | 4066011 | 196754272 |
| Central Pacific Financial Corp.<sup>(a)</sup> | 1579999 | 49232769 |
| City Holding Co.<sup>(a)</sup> | 858579 | 102342617 |
| Community Financial System, Inc.<sup>(a)</sup> | 3138336 | 180266020 |
| Customers Bancorp, Inc.<sup>(a)(b)(c)</sup> | 1898226 | 138798285 |
| CVB Financial Corp.<sup>(a)</sup> | 7663547 | 142541974 |
| Dime Community Bancshares, Inc.<sup>(a)</sup> | 2432027 | 73179692 |
| Eagle Bancorp, Inc.<sup>(a)(c)</sup> | 1646337 | 35264539 |
| FB Financial Corp. | 2405141 | 134206868 |
| First BanCorp/Puerto Rico<sup>(a)</sup> | 9339279 | 193603254 |
| First Bancorp/Southern Pines NC<sup>(a)</sup> | 2470893 | 125496655 |
| First Commonwealth Financial Corp.<sup>(a)</sup> | 6162709 | 103903274 |
| First Financial Bancorp<sup>(a)</sup> | 6168232 | 154329165 |
| First Hawaiian, Inc.<sup>(a)</sup> | 7373120 | 186539936 |
| First Interstate BancSystem, Inc., Class A<sup>(a)</sup> | 5334674 | 184579720 |
| Fulton Financial Corp.<sup>(a)</sup> | 10600422 | 204906157 |
| Hanmi Financial Corp.<sup>(a)</sup> | 1787827 | 48324964 |
| Heritage Financial Corp.<sup>(a)</sup> | 2050100 | 48484865 |
| Hilltop Holdings, Inc. | 2557852 | 86813497 |
| Hope Bancorp, Inc.<sup>(a)</sup> | 7637445 | 83706397 |
| Independent Bank Corp.<sup>(a)</sup> | 2958770 | 216226912 |
| Lakeland Financial Corp.<sup>(a)</sup> | 1521065 | 86791969 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
| National Bank Holdings Corp., Class A<sup>(a)</sup> | 2259264 | $85874625 |
| NBT Bancorp, Inc.<sup>(a)</sup> | 3117499 | 129438558 |
| Northwest Bancshares, Inc.<sup>(a)</sup> | 8705507 | 104466084 |
| OFG Bancorp<sup>(a)</sup> | 2625753 | 107603358 |
| Park National Corp.<sup>(a)</sup> | 852723 | 129767386 |
| Pathward Financial, Inc.<sup>(a)(c)</sup> | 1362287 | 96722377 |
| Preferred Bank | 546812 | 51635457 |
| Provident Financial Services, Inc.<sup>(a)</sup> | 7508046 | 148283908 |
| Renasant Corp.<sup>(a)</sup> | 5676297 | 199919180 |
| S&T Bancorp, Inc.<sup>(a)</sup> | 2277438 | 89617185 |
| Seacoast Banking Corp. of Florida<sup>(a)</sup> | 5773001 | 181387691 |
| ServisFirst Bancshares, Inc.<sup>(a)</sup> | 2994872 | 215001861 |
| Simmons First National Corp., Class A<sup>(a)</sup> | 8624231 | 162566754 |
| Southside Bancshares, Inc.<sup>(a)</sup> | 1705967 | 51844337 |
| Stellar Bancorp, Inc.<sup>(a)</sup> | 2744784 | 84923617 |
| Tompkins Financial Corp.<sup>(a)</sup> | 756529 | 54863483 |
| Triumph Financial, Inc.<sup>(a)(b)(c)</sup> | 1345018 | 84238477 |
| TrustCo Bank Corp.<sup>(a)</sup> | 1100600 | 45487798 |
| Trustmark Corp.<sup>(a)</sup> | 3572975 | 139167376 |
| United Community Banks, Inc.<sup>(a)</sup> | 7195573 | 224645789 |
| WaFd, Inc.<sup>(a)</sup> | 4708813 | 150823280 |
| Westamerica BanCorp<sup>(a)</sup> | 1485429 | 71048069 |
| WSFS Financial Corp.<sup>(a)</sup> | 3266196 | 180424667 |
|  |  | 7567683748 |
| **Beverages — 0.0%** | **Beverages — 0.0%** | **Beverages — 0.0%** |
| National Beverage Corp.<sup>(b)</sup> | 1394215 | 44461516 |
| **Biotechnology — 4.0%** | **Biotechnology — 4.0%** | **Biotechnology — 4.0%** |
| ACADIA Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 7461075 | 199285313 |
| ADMA Biologics, Inc.<sup>(a)(b)(c)</sup> | 14184350 | 258722544 |
| Alkermes PLC<sup>(a)(b)(c)</sup> | 9840822 | 275346200 |
| Arcus Biosciences, Inc.<sup>(b)(c)</sup> | 5087147 | 121226713 |
| Arrowhead Pharmaceuticals, Inc.<sup>(a)(b)(c)</sup> | 8240588 | 547092637 |
| Catalyst Pharmaceuticals, Inc.<sup>(a)(b)(c)</sup> | 6885233 | 160701338 |
| Dynavax Technologies Corp.<sup>(a)(b)(c)</sup> | 6022500 | 92626050 |
| Krystal Biotech, Inc.<sup>(a)(b)(c)</sup> | 1538207 | 379229554 |
| Myriad Genetics, Inc.<sup>(a)(b)(c)</sup> | 5630030 | 34624684 |
| Protagonist Therapeutics, Inc.<sup>(a)(b)(c)</sup> | 3502379 | 305897782 |
| PTC Therapeutics, Inc.<sup>(a)(b)(c)</sup> | 4785225 | 363485691 |
| Sarepta Therapeutics, Inc.<sup>(a)(b)(c)</sup> | 6244210 | 134375399 |
| TG Therapeutics, Inc.<sup>(a)(b)(c)</sup> | 8103148 | 241554842 |
| Veracyte, Inc.<sup>(a)(b)(c)</sup> | 4710995 | 198332889 |
| Vericel Corp.<sup>(a)(b)(c)</sup> | 3013552 | 108518008 |
| Vir Biotechnology, Inc.<sup>(b)(c)</sup> | 5748045 | 34660711 |
| Xencor, Inc.<sup>(a)(b)(c)</sup> | 4254044 | 65129414 |
|  |  | 3520809769 |
| **Broadline Retail — 0.5%** | **Broadline Retail — 0.5%** | **Broadline Retail — 0.5%** |
| Etsy, Inc.<sup>(a)(b)(c)</sup> | 5882877 | 326146701 |
| Kohl's Corp.<sup>(a)(c)</sup> | 6678705 | 136312369 |
|  |  | 462459070 |
| **Building Products — 2.7%** | **Building Products — 2.7%** | **Building Products — 2.7%** |
| American Woodmark Corp.<sup>(a)(b)(c)</sup> | 867881 | 46778786 |
| Apogee Enterprises, Inc.<sup>(a)</sup> | 1281361 | 46654354 |
| Armstrong World Industries, Inc.<sup>(a)</sup> | 2570537 | 491229621 |
| AZZ, Inc.<sup>(a)(c)</sup> | 1791268 | 191988104 |
| CSW Industrials, Inc.<sup>(a)(c)</sup> | 994564 | 291934371 |
| Gibraltar Industries, Inc.<sup>(a)(b)(c)</sup> | 1760221 | 87025326 |
| Griffon Corp.<sup>(a)</sup> | 2330707 | 171656571 |
| Hayward Holdings, Inc.<sup>(a)(b)(c)</sup> | 11890052 | 183701303 |
| Insteel Industries, Inc.<sup>(a)(c)</sup> | 1156595 | 36629364 |
| Masterbrand, Inc.<sup>(a)(b)(c)</sup> | 7553586 | 83391589 |
| Quanex Building Products Corp.<sup>(a)</sup> | 2717264 | 41791520 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Building Products (continued)** | **Building Products (continued)** | **Building Products (continued)** |
| Resideo Technologies, Inc.<sup>(a)(b)(c)</sup> | 8209065 | $288302363 |
| Zurn Elkay Water Solutions Corp.<sup>(a)</sup> | 8877213 | 412701632 |
|  |  | 2373784904 |
| **Capital Markets — 3.2%** | **Capital Markets — 3.2%** | **Capital Markets — 3.2%** |
| Acadian Asset Management, Inc. | 1574293 | 73991771 |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset Management, Inc., <br> Class A<sup>(a)</sup><br>| 4199129 | 171072515 |
| BGC Group, Inc., Class A<sup>(a)</sup> | 21412343 | 191212223 |
| Cohen & Steers, Inc. | 1641243 | 103037236 |
| Donnelley Financial Solutions, Inc.<sup>(a)(b)(c)</sup> | 1580973 | 73815629 |
| MarketAxess Holdings, Inc.<sup>(a)</sup> | 2024379 | 366918694 |
| Moelis & Co., Class A | 3545796 | 243738017 |
| Piper Sandler Cos.<sup>(a)</sup> | 991518 | 336828580 |
| PJT Partners, Inc., Class A<sup>(a)(c)</sup> | 1448653 | 242214782 |
| StepStone Group, Inc., Class A<sup>(a)</sup> | 4338455 | 278398657 |
| StoneX Group, Inc.<sup>(a)(b)(c)</sup> | 2767450 | 263267518 |
| Victory Capital Holdings, Inc., Class A | 2863623 | 180665975 |
| Virtu Financial, Inc., Class A<sup>(a)</sup> | 4756258 | 158478517 |
| Virtus Investment Partners, Inc.<sup>(a)</sup> | 378205 | 61704146 |
| WisdomTree, Inc. | 6845306 | 83444280 |
|  |  | 2828788540 |
| **Chemicals — 3.6%** | **Chemicals — 3.6%** | **Chemicals — 3.6%** |
| Balchem Corp.<sup>(a)(c)</sup> | 1930204 | 296016085 |
| Celanese Corp., Class A<sup>(a)(c)</sup> | 6526388 | 275935685 |
| Chemours Co. (The)<sup>(a)</sup> | 8931442 | 105301701 |
| Eastman Chemical Co.<sup>(a)</sup> | 6798779 | 433966064 |
| Element Solutions, Inc.<sup>(a)</sup> | 13557894 | 338811771 |
| FMC Corp.<sup>(a)</sup> | 7443317 | 103238807 |
| Hawkins, Inc.<sup>(a)(c)</sup> | 1244936 | 176855608 |
| HB Fuller Co.<sup>(a)</sup> | 3223462 | 191667051 |
| Ingevity Corp.<sup>(a)(b)(c)</sup> | 2143059 | 126826232 |
| Innospec, Inc.<sup>(a)</sup> | 1476464 | 113008555 |
| Koppers Holdings, Inc.<sup>(a)(c)</sup> | 1195911 | 32385270 |
| Minerals Technologies, Inc.<sup>(a)(c)</sup> | 1855199 | 113074379 |
| Quaker Chemical Corp. | 816272 | 112082308 |
| Sensient Technologies Corp.<sup>(a)</sup> | 2531840 | 237866368 |
| Solstice Advanced Materials, Inc.<sup>(a)(b)</sup> | 9460459 | 459589098 |
| Stepan Co.<sup>(a)</sup> | 1280053 | 60623310 |
|  |  | 3177248292 |
| **Commercial Services & Supplies — 2.3%** | **Commercial Services & Supplies — 2.3%** | **Commercial Services & Supplies — 2.3%** |
| ABM Industries, Inc.<sup>(a)</sup> | 3649099 | 154356888 |
| Brady Corp., Class A, NVS<sup>(a)</sup> | 2608023 | 204390762 |
| Casella Waste Systems, Inc., Class A<sup>(a)(b)(c)</sup> | 3725368 | 364862542 |
| CoreCivic, Inc.<sup>(a)(b)</sup> | 6232067 | 119094800 |
| Deluxe Corp.<sup>(a)</sup> | 2681144 | 59869945 |
| Enviri Corp.<sup>(a)(b)(c)</sup> | 4805340 | 86111693 |
| GEO Group, Inc. (The)<sup>(a)(b)</sup> | 8147349 | 131335266 |
| Healthcare Services Group, Inc.<sup>(a)(b)(c)</sup> | 4197723 | 80260464 |
| HNI Corp.<sup>(a)</sup> | 4103672 | 172518371 |
| Interface, Inc., Class A<sup>(a)(c)</sup> | 3479186 | 97138873 |
| Liquidity Services, Inc.<sup>(b)(c)</sup> | 1438594 | 43603784 |
| MillerKnoll, Inc.<sup>(a)</sup> | 4081925 | 74617589 |
| OPENLANE, Inc.<sup>(a)(b)(c)</sup> | 6332762 | 188589652 |
| Pitney Bowes, Inc. | 7008612 | 74081029 |
| UniFirst Corp.<sup>(a)(c)</sup> | 868034 | 167443759 |
| Vestis Corp.<sup>(a)</sup> | 6675488 | 44525505 |
|  |  | 2062800922 |
| **Communications Equipment — 1.2%** | **Communications Equipment — 1.2%** | **Communications Equipment — 1.2%** |
| Calix, Inc.<sup>(a)(b)(c)</sup> | 3597490 | 190415146 |
| Digi International, Inc.<sup>(a)(b)(c)</sup> | 2211862 | 95751506 |
| Extreme Networks, Inc.<sup>(b)</sup> | 5817720 | 96865038 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Communications Equipment (continued)** | **Communications Equipment (continued)** | **Communications Equipment (continued)** |
| Harmonic, Inc.<sup>(a)(b)(c)</sup> | 6686062 | $66125153 |
| NetScout Systems, Inc.<sup>(a)(b)(c)</sup> | 4086726 | 110586806 |
| Viasat, Inc.<sup>(a)(b)(c)</sup> | 8061567 | 277801599 |
| Viavi Solutions, Inc.<sup>(a)(b)(c)</sup> | 13350604 | 237907763 |
|  |  | 1075453011 |
| **Construction & Engineering — 1.9%** | **Construction & Engineering — 1.9%** | **Construction & Engineering — 1.9%** |
| Arcosa, Inc.<sup>(a)(c)</sup> | 2923096 | 310783567 |
| Everus Construction Group, Inc.<sup>(a)(b)(c)</sup> | 3039956 | 260098635 |
| Granite Construction, Inc.<sup>(a)(c)</sup> | 2601528 | 300086255 |
| MYR Group, Inc.<sup>(a)(b)(c)</sup> | 925126 | 202140031 |
| Primoris Services Corp.<sup>(a)</sup> | 3220397 | 399780084 |
| WillScot Holdings Corp., Class A<sup>(a)</sup> | 10895302 | 205158537 |
|  |  | 1678047109 |
| **Consumer Finance — 0.8%** | **Consumer Finance — 0.8%** | **Consumer Finance — 0.8%** |
| Bread Financial Holdings, Inc. | 1793378 | 132763773 |
| Encore Capital Group, Inc.<sup>(a)(b)(c)</sup> | 1328776 | 72218976 |
| Enova International, Inc.<sup>(a)(b)(c)</sup> | 1478148 | 232364866 |
| EZCORP, Inc., Class A, NVS<sup>(a)(b)(c)</sup> | 3450558 | 67009836 |
| Navient Corp. | 4007723 | 52100399 |
| PRA Group, Inc.<sup>(a)(b)(c)</sup> | 2324059 | 41112604 |
| PROG Holdings, Inc.<sup>(a)</sup> | 2355955 | 69477113 |
| World Acceptance Corp.<sup>(b)(c)</sup> | 171277 | 24045578 |
|  |  | 691093145 |
| **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** |
| Andersons, Inc. (The)<sup>(a)</sup> | 2001855 | 106438630 |
| Chefs' Warehouse, Inc. (The)<sup>(a)(b)(c)</sup> | 2157808 | 134496173 |
| Grocery Outlet Holding Corp.<sup>(a)(b)(c)</sup> | 5882246 | 59410685 |
| PriceSmart, Inc. | 1508216 | 185012857 |
| United Natural Foods, Inc.<sup>(a)(b)(c)</sup> | 3614150 | 121688430 |
|  |  | 607046775 |
| **Containers & Packaging — 0.6%** | **Containers & Packaging — 0.6%** | **Containers & Packaging — 0.6%** |
| O-I Glass, Inc.<sup>(a)(b)(c)</sup> | 9152822 | 135095653 |
| Sealed Air Corp.<sup>(a)</sup> | 8790995 | 364210923 |
|  |  | 499306576 |
| **Distributors — 0.5%** | **Distributors — 0.5%** | **Distributors — 0.5%** |
| LKQ Corp.<sup>(a)</sup> | 15256114 | 460734643 |
| **Diversified Consumer Services — 1.1%** | **Diversified Consumer Services — 1.1%** | **Diversified Consumer Services — 1.1%** |
| Adtalem Global Education, Inc.<sup>(a)(b)(c)</sup> | 2170918 | 224624885 |
| Frontdoor, Inc.<sup>(a)(b)(c)</sup> | 4297780 | 247938928 |
| Matthews International Corp., Class A<sup>(a)</sup> | 1834187 | 47908964 |
| Mister Car Wash, Inc.<sup>(b)(c)</sup> | 6007979 | 33404363 |
| Perdoceo Education Corp.<sup>(a)</sup> | 3611877 | 105936352 |
| Strategic Education, Inc.<sup>(a)</sup> | 1384924 | 111070905 |
| Stride, Inc.<sup>(a)(b)(c)</sup> | 2579344 | 167476806 |
|  |  | 938361203 |
| **Diversified REITs — 0.7%** | **Diversified REITs — 0.7%** | **Diversified REITs — 0.7%** |
| Alexander & Baldwin, Inc.<sup>(a)</sup> | 4335058 | 89475597 |
| American Assets Trust, Inc. | 2813210 | 53254065 |
| Armada Hoffler Properties, Inc.<sup>(a)</sup> | 4774619 | 31607978 |
| Essential Properties Realty Trust, Inc.<sup>(a)</sup> | 11809566 | 350271728 |
| Global Net Lease, Inc. | 8905211 | 76584815 |
|  |  | 601194183 |
| **Diversified Telecommunication Services — 0.7%** | **Diversified Telecommunication Services — 0.7%** | **Diversified Telecommunication Services — 0.7%** |
| Cogent Communications Holdings, Inc.<sup>(a)(c)</sup> | 2827467 | 60960188 |
| Iridium Communications, Inc.<sup>(a)</sup> | 6241355 | 108474750 |
| Lumen Technologies, Inc.<sup>(b)(c)</sup> | 47061267 | 365666045 |
| Uniti Group, Inc.<sup>(b)(c)</sup> | 10680758 | 74872114 |
|  |  | 609973097 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Electric Utilities — 0.6%** | **Electric Utilities — 0.6%** | **Electric Utilities — 0.6%** |
| Hawaiian Electric Industries, Inc.<sup>(a)(b)(c)</sup> | 10286233 | $126520666 |
| MGE Energy, Inc.<sup>(a)</sup> | 2177703 | 170775469 |
| Otter Tail Corp.<sup>(a)</sup> | 2509057 | 202756896 |
|  |  | 500053031 |
| **Electrical Equipment — 0.7%** | **Electrical Equipment — 0.7%** | **Electrical Equipment — 0.7%** |
| Powell Industries, Inc.<sup>(c)</sup> | 561026 | 178843868 |
| Sunrun, Inc.<sup>(a)(b)(c)</sup> | 13829299 | 254459102 |
| Vicor Corp.<sup>(b)(c)</sup> | 1353838 | 148380645 |
|  |  | 581683615 |
| **Electronic Equipment, Instruments & Components — 4.6%** | **Electronic Equipment, Instruments & Components — 4.6%** | **Electronic Equipment, Instruments & Components — 4.6%** |
| Advanced Energy Industries, Inc.<sup>(a)(c)</sup> | 2249696 | 471018851 |
| Arlo Technologies, Inc.<sup>(a)(b)(c)</sup> | 6364183 | 89034920 |
| Badger Meter, Inc.<sup>(a)(c)</sup> | 1756426 | 306338259 |
| Benchmark Electronics, Inc.<sup>(a)</sup> | 2125853 | 90901474 |
| CTS Corp.<sup>(a)</sup> | 1730827 | 74200553 |
| ePlus, Inc.<sup>(a)</sup> | 1560811 | 136883125 |
| Insight Enterprises, Inc.<sup>(a)(b)(c)</sup> | 1846160 | 150406655 |
| Itron, Inc.<sup>(a)(b)(c)</sup> | 2729668 | 253476970 |
| Knowles Corp.<sup>(a)(b)</sup> | 5073927 | 108734256 |
| Mirion Technologies, Inc., Class A<sup>(a)(b)(c)</sup> | 14770329 | 345921105 |
| OSI Systems, Inc.<sup>(a)(b)(c)</sup> | 954161 | 243368305 |
| PC Connection, Inc. | 676743 | 39088676 |
| Plexus Corp.<sup>(a)(b)(c)</sup> | 1608367 | 236429949 |
| Ralliant Corp.<sup>(a)</sup> | 6723280 | 342282185 |
| Rogers Corp.<sup>(a)(b)(c)</sup> | 996533 | 91252527 |
| Sanmina Corp.<sup>(a)(b)(c)</sup> | 3252157 | 488051201 |
| ScanSource, Inc.<sup>(a)(b)(c)</sup> | 1202558 | 46971915 |
| TTM Technologies, Inc.<sup>(a)(b)(c)</sup> | 6158693 | 424949817 |
| Vishay Intertechnology, Inc.<sup>(a)</sup> | 7358363 | 106622680 |
|  |  | 4045933423 |
| **Energy Equipment & Services — 2.1%** | **Energy Equipment & Services — 2.1%** | **Energy Equipment & Services — 2.1%** |
| Archrock, Inc.<sup>(a)</sup> | 10451791 | 271955602 |
| Atlas Energy Solutions, Inc. | 4598039 | 43313527 |
| Bristow Group, Inc.<sup>(a)(b)(c)</sup> | 1498790 | 54885690 |
| Cactus, Inc., Class A<sup>(a)</sup> | 4102541 | 187404073 |
| Core Laboratories, Inc.<sup>(a)(c)</sup> | 2773685 | 44462171 |
| Helix Energy Solutions Group, Inc.<sup>(a)(b)(c)</sup> | 8148017 | 51088067 |
| Helmerich & Payne, Inc.<sup>(a)</sup> | 5925952 | 169956303 |
| Innovex International, Inc.<sup>(b)(c)</sup> | 2299312 | 50285953 |
| Kodiak Gas Services, Inc.<sup>(a)</sup> | 4953098 | 185245865 |
| Liberty Energy, Inc., Class A<sup>(a)</sup> | 9652246 | 178180461 |
| Noble Corp. PLC | 7513651 | 212185504 |
| Oceaneering International, Inc.<sup>(a)(b)(c)</sup> | 5945699 | 142875147 |
| Patterson-UTI Energy, Inc.<sup>(a)</sup> | 20564490 | 125649034 |
| RPC, Inc. | 5296995 | 28815653 |
| Tidewater, Inc.<sup>(a)(b)(c)</sup> | 2753506 | 139079588 |
|  |  | 1885382638 |
| **Entertainment — 0.5%** | **Entertainment — 0.5%** | **Entertainment — 0.5%** |
| Cinemark Holdings, Inc.<sup>(a)</sup> | 6149272 | 142909081 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp., <br> Class A<sup>(a)(b)(c)</sup><br>| 1070854 | 276976387 |
|  |  | 419885468 |
| **Financial Services — 1.8%** | **Financial Services — 1.8%** | **Financial Services — 1.8%** |
| Enact Holdings, Inc. | 1720459 | 68198995 |
| EVERTEC, Inc.<sup>(a)</sup> | 3812608 | 110908767 |
| HA Sustainable Infrastructure Capital, Inc.<sup>(a)</sup> | 7514050 | 236166591 |
| Jackson Financial, Inc., Class A | 1566047 | 167018913 |
| NCR Atleos Corp.<sup>(a)(b)(c)</sup> | 4404235 | 167845396 |
| NMI Holdings, Inc., Class A<sup>(a)(b)(c)</sup> | 4580974 | 186857929 |
| Payoneer Global, Inc.<sup>(b)</sup> | 16779043 | 94298222 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Financial Services (continued)** | **Financial Services (continued)** | **Financial Services (continued)** |
| Radian Group, Inc. | 6618430 | $238197296 |
| Sezzle, Inc.<sup>(b)(c)</sup> | 1017347 | 64576101 |
| Walker & Dunlop, Inc.<sup>(a)</sup> | 2029832 | 122094395 |
| Western Union Co. (The) | 11577510 | 107786618 |
|  |  | 1563949223 |
| **Food Products — 1.0%** | **Food Products — 1.0%** | **Food Products — 1.0%** |
| Cal-Maine Foods, Inc.<sup>(a)</sup> | 2717042 | 216195032 |
| Fresh Del Monte Produce, Inc. | 1963898 | 69973686 |
| Freshpet, Inc.<sup>(a)(b)(c)</sup> | 2908711 | 177227761 |
| J & J Snack Foods Corp. | 933569 | 84366631 |
| John B Sanfilippo & Son, Inc.<sup>(a)</sup> | 538907 | 38046834 |
| Simply Good Foods Co. (The)<sup>(a)(b)(c)</sup> | 5474112 | 109920169 |
| Tootsie Roll Industries, Inc. | 1170860 | 42888602 |
| TreeHouse Foods, Inc.<sup>(a)(b)</sup> | 2647347 | 62450916 |
| Vital Farms, Inc.<sup>(b)(c)</sup> | 2214004 | 70715288 |
|  |  | 871784919 |
| **Gas Utilities — 0.6%** | **Gas Utilities — 0.6%** | **Gas Utilities — 0.6%** |
| Chesapeake Utilities Corp.<sup>(a)</sup> | 1409485 | 175847349 |
| MDU Resources Group, Inc.<sup>(a)</sup> | 12177601 | 237706772 |
| Northwest Natural Holding Co.<sup>(a)</sup> | 2480746 | 115950068 |
|  |  | 529504189 |
| **Ground Transportation — 0.6%** | **Ground Transportation — 0.6%** | **Ground Transportation — 0.6%** |
| ArcBest Corp.<sup>(a)(c)</sup> | 1341341 | 99514089 |
| Heartland Express, Inc.<sup>(c)</sup> | 2792686 | 25217955 |
| Hertz Global Holdings, Inc.<sup>(b)(c)</sup> | 7465291 | 38371596 |
| Marten Transport Ltd. | 3447755 | 39235452 |
| RXO, Inc.<sup>(a)(b)(c)</sup> | 9779427 | 123611957 |
| Schneider National, Inc., Class B | 2968578 | 78756374 |
| Werner Enterprises, Inc.<sup>(a)</sup> | 3565054 | 106987271 |
|  |  | 511694694 |
| **Health Care Equipment & Supplies — 3.3%** | **Health Care Equipment & Supplies — 3.3%** | **Health Care Equipment & Supplies — 3.3%** |
| Artivion, Inc.<sup>(a)(b)(c)</sup> | 2484242 | 113306278 |
| Avanos Medical, Inc.<sup>(a)(b)</sup> | 2833874 | 31824405 |
| CONMED Corp.<sup>(a)</sup> | 1844972 | 74905863 |
| Embecta Corp.<sup>(a)</sup> | 3549276 | 42165399 |
| Enovis Corp.<sup>(a)(b)(c)</sup> | 3407470 | 90775001 |
| Glaukos Corp.<sup>(a)(b)(c)</sup> | 3423203 | 386513851 |
| ICU Medical, Inc.<sup>(a)(b)(c)</sup> | 1472417 | 210069733 |
| Inspire Medical Systems, Inc.<sup>(a)(b)(c)</sup> | 1575671 | 145324136 |
| Integer Holdings Corp.<sup>(a)(b)(c)</sup> | 2088030 | 163764193 |
| Integra LifeSciences Holdings Corp.<sup>(a)(b)(c)</sup> | 3990333 | 49559936 |
| LeMaitre Vascular, Inc.<sup>(a)(c)</sup> | 1243616 | 100857258 |
| Merit Medical Systems, Inc.<sup>(a)(b)(c)</sup> | 3533673 | 311457938 |
| Neogen Corp.<sup>(a)(b)(c)</sup> | 12947329 | 90501830 |
| Omnicell, Inc.<sup>(a)(b)(c)</sup> | 2674165 | 121139674 |
| QuidelOrtho Corp.<sup>(a)(b)(c)</sup> | 4047904 | 115608138 |
| STAAR Surgical Co.<sup>(a)(b)(c)</sup> | 2963363 | 68424052 |
| Tandem Diabetes Care, Inc.<sup>(a)(b)(c)</sup> | 4050682 | 89033990 |
| Teleflex, Inc.<sup>(a)</sup> | 2633979 | 321450797 |
| TransMedics Group, Inc.<sup>(a)(b)(c)</sup> | 2036707 | 247765407 |
| UFP Technologies, Inc.<sup>(a)(b)(c)</sup> | 459542 | 102032110 |
|  |  | 2876479989 |
| **Health Care Providers & Services — 2.1%** | **Health Care Providers & Services — 2.1%** | **Health Care Providers & Services — 2.1%** |
| Acadia Healthcare Co., Inc.<sup>(a)(b)(c)</sup> | 5547366 | 78717124 |
| AdaptHealth Corp.<sup>(b)(c)</sup> | 6393018 | 63674459 |
| Addus HomeCare Corp.<sup>(a)(b)(c)</sup> | 1086828 | 116714459 |
| AMN Healthcare Services, Inc.<sup>(a)(b)(c)</sup> | 2288284 | 36063356 |
| Astrana Health, Inc.<sup>(a)(b)(c)</sup> | 2570038 | 63762643 |
| BrightSpring Health Services, Inc.<sup>(b)(c)</sup> | 6771638 | 253597843 |
| Concentra Group Holdings Parent, Inc.<sup>(a)(c)</sup> | 7103171 | 139790405 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** |
| CorVel Corp.<sup>(b)(c)</sup> | 1862818 | $126056894 |
| National HealthCare Corp. | 739571 | 101387788 |
| NeoGenomics, Inc.<sup>(a)(b)(c)</sup> | 7709221 | 90660439 |
| Pediatrix Medical Group, Inc.<sup>(a)(b)(c)</sup> | 5016059 | 107293502 |
| Privia Health Group, Inc.<sup>(a)(b)(c)</sup> | 6890267 | 163368231 |
| Progyny, Inc.<sup>(a)(b)(c)</sup> | 4777657 | 122690232 |
| RadNet, Inc.<sup>(b)(c)</sup> | 3513849 | 250713126 |
| Select Medical Holdings Corp.<sup>(a)</sup> | 6566004 | 97505159 |
| U.S. Physical Therapy, Inc.<sup>(a)</sup> | 905793 | 70733375 |
|  |  | 1882729035 |
| **Health Care REITs — 0.9%** | **Health Care REITs — 0.9%** | **Health Care REITs — 0.9%** |
| CareTrust REIT, Inc.<sup>(a)</sup> | 13321829 | 481717337 |
| LTC Properties, Inc.<sup>(a)</sup> | 2837031 | 97537126 |
| Medical Properties Trust, Inc.<sup>(c)</sup> | 29392399 | 146961995 |
| Universal Health Realty Income Trust<sup>(a)</sup> | 760348 | 29813245 |
|  |  | 756029703 |
| **Health Care Technology — 0.4%** | **Health Care Technology — 0.4%** | **Health Care Technology — 0.4%** |
| Certara, Inc.<sup>(b)(c)</sup> | 7116001 | 62691969 |
| HealthStream, Inc.<sup>(c)</sup> | 1438077 | 33176436 |
| Schrodinger, Inc.<sup>(a)(b)(c)</sup> | 3342766 | 59768656 |
| Waystar Holding Corp.<sup>(b)(c)</sup> | 6861776 | 224723164 |
|  |  | 380360225 |
| **Hotel & Resort REITs — 1.0%** | **Hotel & Resort REITs — 1.0%** | **Hotel & Resort REITs — 1.0%** |
| Apple Hospitality REIT, Inc.<sup>(a)</sup> | 13111324 | 155369189 |
| DiamondRock Hospitality Co.<sup>(a)</sup> | 12138003 | 108756507 |
| Pebblebrook Hotel Trust<sup>(a)(c)</sup> | 6767782 | 76611292 |
| Ryman Hospitality Properties, Inc.<sup>(a)</sup> | 3755091 | 355306710 |
| Summit Hotel Properties, Inc.<sup>(a)</sup> | 6452693 | 31424615 |
| Sunstone Hotel Investors, Inc.<sup>(a)</sup> | 11315315 | 101158916 |
| Xenia Hotels & Resorts, Inc.<sup>(a)</sup> | 5648525 | 79870143 |
|  |  | 908497372 |
| **Hotels, Restaurants & Leisure — 2.3%** | **Hotels, Restaurants & Leisure — 2.3%** | **Hotels, Restaurants & Leisure — 2.3%** |
| BJ's Restaurants, Inc.<sup>(a)(b)(c)</sup> | 1258996 | 49604442 |
| Bloomin' Brands, Inc.<sup>(a)</sup> | 4643049 | 28647612 |
| Brinker International, Inc.<sup>(a)(b)(c)</sup> | 2648142 | 380061340 |
| Caesars Entertainment, Inc.<sup>(a)(b)(c)</sup> | 12164675 | 284531748 |
| Cheesecake Factory, Inc. (The)<sup>(a)(c)</sup> | 2732514 | 137937307 |
| Cracker Barrel Old Country Store, Inc.<sup>(a)(c)</sup> | 1326514 | 33693456 |
| Dave & Buster's Entertainment, Inc.<sup>(b)(c)</sup> | 1658420 | 26882988 |
| Golden Entertainment, Inc. | 1169345 | 31794491 |
| Marriott Vacations Worldwide Corp. | 1649926 | 95184231 |
| Monarch Casino & Resort, Inc.<sup>(c)</sup> | 739354 | 70756178 |
| Papa John's International, Inc.<sup>(a)</sup> | 1953506 | 75190446 |
| Penn Entertainment, Inc.<sup>(a)(b)(c)</sup> | 7611965 | 112276484 |
| Pursuit Attractions & Hospitality, Inc.<sup>(b)(c)</sup> | 1280423 | 43124647 |
| Red Rock Resorts, Inc., Class A | 2892759 | 179206420 |
| Sabre Corp.<sup>(a)(b)(c)</sup> | 23949785 | 32571708 |
| Shake Shack, Inc., Class A<sup>(a)(b)(c)</sup> | 2398969 | 194724314 |
| Six Flags Entertainment Corp.<sup>(a)(b)(c)</sup> | 6083423 | 93319709 |
| United Parks & Resorts, Inc.<sup>(b)(c)</sup> | 1624766 | 58979006 |
| Wendy's Co. (The) | 9412285 | 78404334 |
|  |  | 2006890861 |
| **Household Durables — 2.9%** | **Household Durables — 2.9%** | **Household Durables — 2.9%** |
| Cavco Industries, Inc.<sup>(a)(b)(c)</sup> | 465194 | 274808704 |
| Century Communities, Inc.<sup>(a)</sup> | 1523168 | 90400021 |
| Champion Homes, Inc.<sup>(a)(b)(c)</sup> | 3329094 | 281308443 |
| Dream Finders Homes, Inc., Class A<sup>(b)(c)</sup> | 1711017 | 29258391 |
| Ethan Allen Interiors, Inc.<sup>(a)</sup> | 1412391 | 32259010 |
| Green Brick Partners, Inc.<sup>(b)(c)</sup> | 1817174 | 113864123 |
| Installed Building Products, Inc.<sup>(c)</sup> | 1349863 | 350140964 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Household Durables (continued)** | **Household Durables (continued)** | **Household Durables (continued)** |
| La-Z-Boy, Inc.<sup>(a)</sup> | 2455225 | $91506236 |
| Leggett & Platt, Inc.<sup>(a)</sup> | 8069516 | 88764676 |
| LGI Homes, Inc.<sup>(a)(b)(c)</sup> | 1209812 | 51973524 |
| M/I Homes, Inc.<sup>(a)(b)(c)</sup> | 1565846 | 200349996 |
| Meritage Homes Corp.<sup>(a)</sup> | 4196194 | 276109565 |
| Mohawk Industries, Inc.<sup>(b)</sup> | 3095032 | 338286998 |
| Newell Brands, Inc.<sup>(a)</sup> | 24977131 | 92914927 |
| Sonos, Inc.<sup>(a)(b)(c)</sup> | 7203188 | 126487981 |
| Tri Pointe Homes, Inc.<sup>(a)(b)(c)</sup> | 5122244 | 161197019 |
|  |  | 2599630578 |
| **Household Products — 0.5%** | **Household Products — 0.5%** | **Household Products — 0.5%** |
| Central Garden & Pet Co.<sup>(a)(b)(c)</sup> | 482887 | 15524817 |
| Central Garden & Pet Co., Class A, NVS<sup>(a)(b)(c)</sup> | 3075516 | 89774312 |
| Energizer Holdings, Inc.<sup>(a)</sup> | 3619797 | 71997762 |
| Reynolds Consumer Products, Inc. | 3258042 | 74674323 |
| WD-40 Co.<sup>(a)</sup> | 806181 | 158737039 |
|  |  | 410708253 |
| **Independent Power and Renewable Electricity Producers — 0.3%** | **Independent Power and Renewable Electricity Producers — 0.3%** | **Independent Power and Renewable Electricity Producers — 0.3%** |
| Clearway Energy, Inc., Class A<sup>(a)</sup> | 2083740 | 65471111 |
| Clearway Energy, Inc., Class C<sup>(a)</sup> | 5076633 | 168848814 |
|  |  | 234319925 |
| **Industrial REITs — 0.7%** | **Industrial REITs — 0.7%** | **Industrial REITs — 0.7%** |
| Innovative Industrial Properties, Inc.<sup>(a)</sup> | 1669663 | 79075240 |
| LXP Industrial Trust<sup>(a)</sup> | 3525530 | 174795777 |
| Terreno Realty Corp.<sup>(a)</sup> | 6162436 | 361796618 |
|  |  | 615667635 |
| **Insurance — 2.4%** | **Insurance — 2.4%** | **Insurance — 2.4%** |
| AMERISAFE, Inc.<sup>(a)</sup> | 1126611 | 43273128 |
| Assured Guaranty Ltd.<sup>(a)</sup> | 2581879 | 232033466 |
| Employers Holdings, Inc.<sup>(a)</sup> | 1343385 | 57993930 |
| Genworth Financial, Inc., Class A<sup>(a)(b)</sup> | 23464697 | 211886214 |
| Goosehead Insurance, Inc., Class A<sup>(a)</sup> | 1484233 | 109313760 |
| HCI Group, Inc.<sup>(c)</sup> | 640022 | 122685817 |
| Horace Mann Educators Corp.<sup>(a)</sup> | 2430412 | 112236426 |
| Lincoln National Corp. | 8547054 | 380600315 |
| Mercury General Corp. | 1584358 | 149024713 |
| Palomar Holdings, Inc.<sup>(a)(b)(c)</sup> | 1583924 | 213449598 |
| ProAssurance Corp.<sup>(a)(b)(c)</sup> | 3063069 | 74003747 |
| Safety Insurance Group, Inc.<sup>(a)</sup> | 887306 | 69130010 |
| SiriusPoint Ltd.<sup>(b)(c)</sup> | 4936263 | 108054797 |
| Stewart Information Services Corp.<sup>(a)</sup> | 1669916 | 117328298 |
| Trupanion, Inc.<sup>(b)(c)</sup> | 2026544 | 75731949 |
| United Fire Group, Inc.<sup>(a)</sup> | 1307078 | 47512285 |
|  |  | 2124258453 |
| **Interactive Media & Services — 0.9%** | **Interactive Media & Services — 0.9%** | **Interactive Media & Services — 0.9%** |
| Angi, Inc., Class A<sup>(a)(b)(c)</sup> | 2203806 | 28495212 |
| Cargurus, Inc., Class A<sup>(a)(b)(c)</sup> | 4841327 | 185664890 |
| Cars.com, Inc.<sup>(a)(b)(c)</sup> | 3313576 | 40425627 |
| IAC, Inc.<sup>(a)(b)</sup> | 3885205 | 151911515 |
| QuinStreet, Inc.<sup>(a)(b)(c)</sup> | 3380643 | 48579840 |
| Shutterstock, Inc. | 1438522 | 27475770 |
| TripAdvisor, Inc.<sup>(a)(b)(c)</sup> | 7018968 | 102196174 |
| Yelp, Inc.<sup>(a)(b)(c)</sup> | 3480859 | 105783305 |
| Ziff Davis, Inc.<sup>(a)(b)(c)</sup> | 2353717 | 82733153 |
|  |  | 773265486 |
| **IT Services — 0.4%** | **IT Services — 0.4%** | **IT Services — 0.4%** |
| DigitalOcean Holdings, Inc.<sup>(b)(c)</sup> | 4089377 | 196780821 |
| DXC Technology Co.<sup>(a)(b)(c)</sup> | 10377166 | 152025482 |
| Grid Dynamics Holdings, Inc., Class A<sup>(b)(c)</sup> | 4028461 | 36377003 |
|  |  | 385183306 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Leisure Products — 0.3%** | **Leisure Products — 0.3%** | **Leisure Products — 0.3%** |
| Acushnet Holdings Corp.<sup>(c)</sup> | 1642944 | $131139790 |
| Topgolf Callaway Brands Corp.<sup>(b)(c)</sup> | 8327009 | 97176195 |
|  |  | 228315985 |
| **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** | **Life Sciences Tools & Services — 0.3%** |
| Azenta, Inc.<sup>(a)(b)(c)</sup> | 2430717 | 80845647 |
| BioLife Solutions, Inc.<sup>(b)(c)</sup> | 2323160 | 56174009 |
| Cytek Biosciences, Inc.<sup>(a)(b)(c)</sup> | 6631187 | 33487494 |
| Fortrea Holdings, Inc.<sup>(a)(b)</sup> | 5510518 | 95056435 |
| OmniAb, Inc., 12.50 Earnout Shares<sup>(b)(d)</sup> | 450637 | 5 |
| OmniAb, Inc., 15.00 Earnout Shares<sup>(b)(d)</sup> | 450637 | 5 |
|  |  | 265563595 |
| **Machinery — 4.3%** | **Machinery — 4.3%** | **Machinery — 4.3%** |
| Alamo Group, Inc.<sup>(a)</sup> | 642487 | 107854293 |
| Albany International Corp., Class A<sup>(a)</sup> | 1709970 | 86695479 |
| Astec Industries, Inc.<sup>(a)(c)</sup> | 1362736 | 59033723 |
| Enerpac Tool Group Corp., Class A<sup>(a)(c)</sup> | 3157075 | 120726548 |
| Enpro, Inc.<sup>(a)(c)</sup> | 1255514 | 268843213 |
| ESCO Technologies, Inc.<sup>(a)(c)</sup> | 1539164 | 300737254 |
| Federal Signal Corp.<sup>(a)(c)</sup> | 3624309 | 393563714 |
| Franklin Electric Co., Inc.<sup>(a)</sup> | 2286420 | 218421703 |
| Gates Industrial Corp. PLC<sup>(a)(b)(c)</sup> | 15393584 | 330500248 |
| Greenbrier Cos., Inc. (The)<sup>(a)</sup> | 1844733 | 86222820 |
| Hillenbrand, Inc.<sup>(a)</sup> | 4200444 | 133238084 |
| JBT Marel Corp.<sup>(a)(c)</sup> | 3097599 | 466715241 |
| Kadant, Inc.<sup>(a)(c)</sup> | 703626 | 200547483 |
| Kennametal, Inc.<sup>(a)</sup> | 4534348 | 128820827 |
| Lindsay Corp.<sup>(a)</sup> | 643686 | 75871269 |
| Mueller Water Products, Inc., Class A<sup>(a)</sup> | 9337065 | 222408888 |
| Proto Labs, Inc.<sup>(a)(b)</sup> | 1410714 | 71368021 |
| Standex International Corp.<sup>(a)(c)</sup> | 722109 | 156899844 |
| Tennant Co.<sup>(a)</sup> | 1079929 | 79590767 |
| Titan International, Inc.<sup>(b)(c)</sup> | 2857099 | 22371085 |
| Trinity Industries, Inc.<sup>(a)</sup> | 4777998 | 126330267 |
| Worthington Enterprises, Inc. | 1864320 | 96142982 |
|  |  | 3752903753 |
| **Marine Transportation — 0.3%** | **Marine Transportation — 0.3%** | **Marine Transportation — 0.3%** |
| Matson, Inc.<sup>(a)</sup> | 1858258 | 229587776 |
| **Media — 0.5%** | **Media — 0.5%** | **Media — 0.5%** |
| Cable One, Inc. | 281346 | 31749896 |
| DoubleVerify Holdings, Inc.<sup>(b)(c)</sup> | 7967228 | 91145088 |
| John Wiley & Sons, Inc., Class A<sup>(a)</sup> | 2435520 | 74599978 |
| Scholastic Corp., NVS<sup>(a)</sup> | 1368009 | 40534107 |
| TEGNA, Inc.<sup>(a)</sup> | 9598191 | 186300887 |
|  |  | 424329956 |
| **Metals & Mining — 1.0%** | **Metals & Mining — 1.0%** | **Metals & Mining — 1.0%** |
| Alpha Metallurgical Resources, Inc.<sup>(a)(b)(c)</sup> | 643639 | 128650563 |
| Century Aluminum Co.<sup>(b)(c)</sup> | 3170365 | 124214901 |
| Kaiser Aluminum Corp.<sup>(a)</sup> | 956664 | 109882427 |
| Materion Corp.<sup>(a)</sup> | 1235536 | 153601836 |
| Metallus, Inc.<sup>(a)(b)(c)</sup> | 2133631 | 36613108 |
| SunCoke Energy, Inc.<sup>(a)</sup> | 5043414 | 36312581 |
| Warrior Met Coal, Inc.<sup>(c)</sup> | 2470246 | 217801590 |
| Worthington Steel, Inc. | 1959959 | 67853781 |
|  |  | 874930787 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.9%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.9%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.9%** |
| Adamas Trust, Inc.<sup>(a)</sup> | 5118844 | 37367561 |
| Apollo Commercial Real Estate Finance, Inc.<sup>(a)</sup> | 7781298 | 75322965 |
| Arbor Realty Trust, Inc.<sup>(a)(c)</sup> | 10493101 | 81426464 |
| ARMOUR Residential REIT, Inc.<sup>(a)</sup> | 6667731 | 117952161 |
| Blackstone Mortgage Trust, Inc., Class A<sup>(a)</sup> | 9395775 | 179741176 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Mortgage Real Estate Investment Trusts (REITs) (continued)** | **Mortgage Real Estate Investment Trusts (REITs) (continued)** | **Mortgage Real Estate Investment Trusts (REITs) (continued)** |
| Ellington Financial, Inc.<sup>(a)</sup> | 6394032 | $86830955 |
| Franklin BSP Realty Trust, Inc.<sup>(a)</sup> | 4861189 | 48757726 |
| KKR Real Estate Finance Trust, Inc. | 3237889 | 26615448 |
| PennyMac Mortgage Investment Trust<sup>(a)</sup> | 5183856 | 65057393 |
| Redwood Trust, Inc.<sup>(a)</sup> | 7546268 | 41730862 |
| Two Harbors Investment Corp.<sup>(a)</sup> | 6204938 | 65151849 |
|  |  | 825954560 |
| **Multi-Utilities — 0.3%** | **Multi-Utilities — 0.3%** | **Multi-Utilities — 0.3%** |
| Avista Corp.<sup>(a)</sup> | 4849349 | 186893910 |
| Unitil Corp.<sup>(a)</sup> | 1075477 | 52096106 |
|  |  | 238990016 |
| **Office REITs — 0.7%** | **Office REITs — 0.7%** | **Office REITs — 0.7%** |
| Brandywine Realty Trust<sup>(a)</sup> | 10346964 | 30213135 |
| Douglas Emmett, Inc. | 8150864 | 89577995 |
| Easterly Government Properties, Inc.<sup>(a)</sup> | 2603190 | 55161596 |
| Highwoods Properties, Inc.<sup>(a)</sup> | 6548960 | 169094147 |
| JBG SMITH Properties<sup>(a)</sup> | 3535313 | 60135674 |
| SL Green Realty Corp.<sup>(a)</sup> | 4232839 | 194160325 |
|  |  | 598342872 |
| **Oil, Gas & Consumable Fuels — 2.3%** | **Oil, Gas & Consumable Fuels — 2.3%** | **Oil, Gas & Consumable Fuels — 2.3%** |
| California Resources Corp.<sup>(a)</sup> | 4680789 | 209278076 |
| Comstock Resources, Inc.<sup>(b)(c)</sup> | 4714668 | 109286004 |
| Core Natural Resources, Inc.<sup>(a)(c)</sup> | 3053784 | 270290422 |
| Crescent Energy Co., Class A<sup>(c)</sup> | 14670324 | 123084019 |
| CVR Energy, Inc.<sup>(b)</sup> | 1821983 | 46351247 |
| Dorian LPG Ltd.<sup>(a)</sup> | 2194523 | 53414690 |
| International Seaways, Inc. | 2413529 | 117176833 |
| Kinetik Holdings, Inc., Class A | 2708584 | 97644453 |
| Magnolia Oil & Gas Corp., Class A<sup>(a)</sup> | 10915492 | 238940120 |
| Northern Oil & Gas, Inc.<sup>(a)</sup> | 5788485 | 124278773 |
| Par Pacific Holdings, Inc.<sup>(b)(c)</sup> | 2475782 | 86998979 |
| Peabody Energy Corp.<sup>(a)</sup> | 7281973 | 216274598 |
| REX American Resources Corp.<sup>(a)(b)(c)</sup> | 1693524 | 54734696 |
| SM Energy Co.<sup>(a)</sup> | 6826161 | 127649211 |
| Talos Energy, Inc.<sup>(b)(c)</sup> | 7494585 | 82590327 |
| World Kinect Corp.<sup>(a)</sup> | 3310070 | 77554940 |
|  |  | 2035547388 |
| **Paper & Forest Products — 0.1%** | **Paper & Forest Products — 0.1%** | **Paper & Forest Products — 0.1%** |
| Sylvamo Corp.<sup>(a)</sup> | 1973901 | 95043333 |
| **Passenger Airlines — 0.5%** | **Passenger Airlines — 0.5%** | **Passenger Airlines — 0.5%** |
| Allegiant Travel Co.<sup>(b)</sup> | 801662 | 68357719 |
| JetBlue Airways Corp.<sup>(b)(c)</sup> | 17335598 | 78876971 |
| SkyWest, Inc.<sup>(a)(b)</sup> | 2390110 | 239990945 |
| Sun Country Airlines Holdings, Inc.<sup>(a)(b)</sup> | 3140123 | 45186370 |
|  |  | 432412005 |
| **Personal Care Products — 0.2%** | **Personal Care Products — 0.2%** | **Personal Care Products — 0.2%** |
| Edgewell Personal Care Co.<sup>(a)</sup> | 2767794 | 47190888 |
| Interparfums, Inc. | 1088985 | 92378598 |
|  |  | 139569486 |
| **Pharmaceuticals — 2.0%** | **Pharmaceuticals — 2.0%** | **Pharmaceuticals — 2.0%** |
| Amphastar Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 2107703 | 56444286 |
| ANI Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 1071115 | 84553818 |
| Collegium Pharmaceutical, Inc.<sup>(a)(b)(c)</sup> | 1883468 | 87204568 |
| Corcept Therapeutics, Inc.<sup>(a)(b)(c)</sup> | 5579771 | 194176031 |
| Harmony Biosciences Holdings, Inc.<sup>(b)(c)</sup> | 2367842 | 88604648 |
| Indivior PLC<sup>(a)(b)</sup> | 7441118 | 266987314 |
| Innoviva, Inc.<sup>(a)(b)(c)</sup> | 4232009 | 84597860 |
| Ligand Pharmaceuticals, Inc.<sup>(a)(b)(c)</sup> | 1178133 | 222749606 |
| Organon & Co.<sup>(a)</sup> | 15491388 | 111073252 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |
| Pacira BioSciences, Inc.<sup>(a)(b)(c)</sup> | 2562904 | $66327956 |
| Perrigo Co. PLC<sup>(a)</sup> | 8200521 | 114151252 |
| Phibro Animal Health Corp., Class A<sup>(a)</sup> | 1218084 | 45507618 |
| Prestige Consumer Healthcare, Inc.<sup>(a)(b)(c)</sup> | 2865540 | 176775163 |
| Supernus Pharmaceuticals, Inc.<sup>(a)(b)(c)</sup> | 3417041 | 169826938 |
|  |  | 1768980310 |
| **Professional Services — 1.5%** | **Professional Services — 1.5%** | **Professional Services — 1.5%** |
| Amentum Holdings, Inc.<sup>(b)(c)</sup> | 9136272 | 264951888 |
| CSG Systems International, Inc.<sup>(a)</sup> | 1618677 | 124136339 |
| Insperity, Inc.<sup>(a)</sup> | 2134082 | 82631655 |
| Korn Ferry<sup>(a)</sup> | 3136766 | 207089291 |
| ManpowerGroup, Inc.<sup>(a)</sup> | 2758375 | 82006489 |
| Robert Half, Inc.<sup>(a)</sup> | 5931644 | 161103451 |
| Upwork, Inc.<sup>(a)(b)(c)</sup> | 7786125 | 154320997 |
| Verra Mobility Corp., Class A<sup>(a)(b)(c)</sup> | 9554763 | 214122239 |
|  |  | 1290362349 |
| **Real Estate Management & Development — 0.5%** | **Real Estate Management & Development — 0.5%** | **Real Estate Management & Development — 0.5%** |
| Cushman & Wakefield Ltd.<sup>(b)(c)</sup> | 9793164 | 158551325 |
| eXp World Holdings, Inc. | 5414093 | 48997542 |
| Kennedy-Wilson Holdings, Inc.<sup>(a)</sup> | 7147548 | 69116789 |
| Marcus & Millichap, Inc. | 1437013 | 39216085 |
| St. Joe Co. (The) | 2374353 | 140965338 |
|  |  | 456847079 |
| **Residential REITs — 0.3%** | **Residential REITs — 0.3%** | **Residential REITs — 0.3%** |
| Centerspace<sup>(a)</sup> | 995051 | 66389803 |
| Elme Communities<sup>(a)</sup> | 5258368 | 91495603 |
| NexPoint Residential Trust, Inc.<sup>(a)</sup> | 1327071 | 39944837 |
| Veris Residential, Inc.<sup>(a)</sup> | 4838834 | 72001850 |
|  |  | 269832093 |
| **Retail REITs — 1.5%** | **Retail REITs — 1.5%** | **Retail REITs — 1.5%** |
| Acadia Realty Trust<sup>(a)</sup> | 7808771 | 160392156 |
| Curbline Properties Corp.<sup>(a)</sup> | 5776611 | 134075141 |
| Getty Realty Corp.<sup>(a)</sup> | 3173457 | 86857518 |
| Macerich Co. (The)<sup>(a)</sup> | 15264356 | 281780012 |
| Phillips Edison & Co., Inc.<sup>(a)</sup> | 7497540 | 266687498 |
| Saul Centers, Inc. | 750712 | 23669949 |
| Tanger, Inc.<sup>(a)</sup> | 6860264 | 228927010 |
| Urban Edge Properties<sup>(a)</sup> | 7499810 | 143921354 |
| Whitestone REIT<sup>(a)</sup> | 2674477 | 37148486 |
|  |  | 1363459124 |
| **Semiconductors & Semiconductor Equipment — 3.9%** | **Semiconductors & Semiconductor Equipment — 3.9%** | **Semiconductors & Semiconductor Equipment — 3.9%** |
| ACM Research, Inc., Class A<sup>(a)(b)(c)</sup> | 3174342 | 125227792 |
| Alpha & Omega Semiconductor Ltd.<sup>(a)(b)(c)</sup> | 1504425 | 29802659 |
| Axcelis Technologies, Inc.<sup>(a)(b)(c)</sup> | 1847298 | 148411921 |
| Cohu, Inc.<sup>(a)(b)(c)</sup> | 2781599 | 64727809 |
| Diodes, Inc.<sup>(a)(b)(c)</sup> | 2764109 | 136381138 |
| Enphase Energy, Inc.<sup>(a)(b)(c)</sup> | 7799024 | 249958719 |
| FormFactor, Inc.<sup>(a)(b)(c)</sup> | 4619886 | 257697241 |
| Ichor Holdings Ltd.<sup>(a)(b)(c)</sup> | 2090001 | 38518718 |
| Impinj, Inc.<sup>(a)(b)(c)</sup> | 1597071 | 277906325 |
| Kulicke & Soffa Industries, Inc.<sup>(a)</sup> | 3107469 | 141576288 |
| MaxLinear, Inc.<sup>(a)(b)(c)</sup> | 4893377 | 85291561 |
| PDF Solutions, Inc.<sup>(b)(c)</sup> | 1935892 | 55230999 |
| Penguin Solutions, Inc.<sup>(a)(b)(c)</sup> | 2880620 | 56344927 |
| Photronics, Inc.<sup>(a)(b)(c)</sup> | 3515979 | 112511328 |
| Power Integrations, Inc.<sup>(a)</sup> | 3297361 | 117188210 |
| Qorvo, Inc.<sup>(a)(b)</sup> | 5011396 | 423513076 |
| Semtech Corp.<sup>(a)(b)(c)</sup> | 5171825 | 381111784 |
| SiTime Corp.<sup>(a)(b)(c)</sup> | 1306787 | 461544101 |
| SolarEdge Technologies, Inc.<sup>(a)(b)(c)</sup> | 3563200 | 102798320 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Semiconductors & Semiconductor Equipment (continued)** | **Semiconductors & Semiconductor Equipment (continued)** | **Semiconductors & Semiconductor Equipment (continued)** |
| Ultra Clean Holdings, Inc.<sup>(a)(b)(c)</sup> | 2703889 | $68489508 |
| Veeco Instruments, Inc.<sup>(a)(b)(c)</sup> | 3584819 | 102454127 |
|  |  | 3436686551 |
| **Software — 3.8%** | **Software — 3.8%** | **Software — 3.8%** |
| A10 Networks, Inc.<sup>(a)</sup> | 4273273 | 75594199 |
| ACI Worldwide, Inc.<sup>(a)(b)(c)</sup> | 6143969 | 293743158 |
| Adeia, Inc.<sup>(a)</sup> | 6437726 | 111050773 |
| Agilysys, Inc.<sup>(a)(b)(c)</sup> | 1512298 | 179721494 |
| Alarm.com Holdings, Inc.<sup>(a)(b)(c)</sup> | 2972473 | 151655572 |
| BlackLine, Inc.<sup>(a)(b)(c)</sup> | 2977855 | 164645603 |
| Box, Inc., Class A<sup>(a)(b)(c)</sup> | 8634962 | 258271713 |
| Cleanspark, Inc.<sup>(a)(b)(c)</sup> | 16751025 | 169520373 |
| Clear Secure, Inc., Class A<sup>(a)</sup> | 5296663 | 185806938 |
| InterDigital, Inc.<sup>(a)</sup> | 1534481 | 488548061 |
| LiveRamp Holdings, Inc.<sup>(a)(b)(c)</sup> | 3792675 | 111390865 |
| MARA Holdings, Inc.<sup>(a)(b)(c)</sup> | 22588672 | 202846275 |
| N-able, Inc.<sup>(b)(c)</sup> | 4439764 | 33209435 |
| NCR Voyix Corp.<sup>(a)(b)(c)</sup> | 8251800 | 84168360 |
| Progress Software Corp.<sup>(a)(b)</sup> | 2556772 | 109838925 |
| Q2 Holdings, Inc.<sup>(a)(b)(c)</sup> | 3726731 | 268920909 |
| Sprinklr, Inc., Class A<sup>(b)</sup> | 7211239 | 56103439 |
| SPS Commerce, Inc.<sup>(a)(b)(c)</sup> | 2252870 | 200798303 |
| Teradata Corp.<sup>(a)(b)(c)</sup> | 5554130 | 169067717 |
|  |  | 3314902112 |
| **Specialized REITs — 0.8%** | **Specialized REITs — 0.8%** | **Specialized REITs — 0.8%** |
| Four Corners Property Trust, Inc.<sup>(a)</sup> | 6329136 | 145949876 |
| Millrose Properties, Inc., Class A<sup>(a)</sup> | 9189183 | 274480896 |
| Outfront Media, Inc.<sup>(a)</sup> | 8704822 | 209786210 |
| Safehold, Inc. | 2735590 | 37450227 |
|  |  | 667667209 |
| **Specialty Retail — 3.4%** | **Specialty Retail — 3.4%** | **Specialty Retail — 3.4%** |
| Academy Sports & Outdoors, Inc.<sup>(a)(c)</sup> | 3978288 | 198755268 |
| Advance Auto Parts, Inc.<sup>(a)</sup> | 3576788 | 140567768 |
| American Eagle Outfitters, Inc.<sup>(a)</sup> | 9385818 | 247504021 |
| Asbury Automotive Group, Inc.<sup>(a)(b)(c)</sup> | 1158665 | 269424372 |
| Boot Barn Holdings, Inc.<sup>(a)(b)(c)</sup> | 1816872 | 320623402 |
| Buckle, Inc. (The) | 1794640 | 95869669 |
| CarMax, Inc.<sup>(a)(b)(c)</sup> | 8752031 | 338178478 |
| Group 1 Automotive, Inc.<sup>(a)(c)</sup> | 737254 | 289961998 |
| Guess?, Inc.<sup>(c)</sup> | 1828155 | 30621596 |
| MarineMax, Inc.<sup>(a)(b)(c)</sup> | 1158552 | 28071715 |
| Monro, Inc.<sup>(a)</sup> | 1782591 | 35723124 |
| National Vision Holdings, Inc.<sup>(a)(b)(c)</sup> | 4726067 | 122027050 |
| Sally Beauty Holdings, Inc.<sup>(a)(b)(c)</sup> | 5808974 | 82835969 |
| Signet Jewelers Ltd.<sup>(a)</sup> | 2444401 | 202591955 |
| Sonic Automotive, Inc., Class A | 895289 | 55382578 |
| Upbound Group, Inc.<sup>(a)</sup> | 3104433 | 54513843 |
| Urban Outfitters, Inc.<sup>(b)(c)</sup> | 3207498 | 241396299 |
| Victoria's Secret & Co.<sup>(a)(b)(c)</sup> | 4777650 | 258805300 |
|  |  | 3012854405 |
| **Technology Hardware, Storage & Peripherals — 0.0%** | **Technology Hardware, Storage & Peripherals — 0.0%** | **Technology Hardware, Storage & Peripherals — 0.0%** |
| Corsair Gaming, Inc.<sup>(b)(c)</sup> | 2885020 | 17137019 |
| **Textiles, Apparel & Luxury Goods — 0.8%** | **Textiles, Apparel & Luxury Goods — 0.8%** | **Textiles, Apparel & Luxury Goods — 0.8%** |
| Carter's, Inc.<sup>(a)</sup> | 2171363 | 70417302 |
| G-III Apparel Group Ltd.<sup>(a)(c)</sup> | 2213105 | 64091521 |
| Kontoor Brands, Inc.<sup>(a)</sup> | 3048085 | 186207513 |
| Oxford Industries, Inc.<sup>(a)</sup> | 851511 | 29121676 |
| Steven Madden Ltd.<sup>(a)</sup> | 4330046 | 180303115 |
| Under Armour, Inc., Class A<sup>(a)(b)(c)</sup> | 11248473 | 55904911 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Textiles, Apparel & Luxury Goods (continued)** | **Textiles, Apparel & Luxury Goods (continued)** | **Textiles, Apparel & Luxury Goods (continued)** |
| Under Armour, Inc., Class C<sup>(b)(c)</sup> | 7050292 | $33841402 |
| Wolverine World Wide, Inc.<sup>(a)</sup> | 4884293 | 88649918 |
|  |  | 708537358 |
| **Tobacco — 0.1%** | **Tobacco — 0.1%** | **Tobacco — 0.1%** |
| Universal Corp.<sup>(a)</sup> | 1484776 | 78321934 |
| **Trading Companies & Distributors — 1.1%** | **Trading Companies & Distributors — 1.1%** | **Trading Companies & Distributors — 1.1%** |
| Air Lease Corp., Class A<sup>(a)</sup> | 6261672 | 402187193 |
| Boise Cascade Co.<sup>(a)(c)</sup> | 2207535 | 162474576 |
| DNOW, Inc.<sup>(a)(b)(c)</sup> | 11063981 | 146597748 |
| DXP Enterprises, Inc.<sup>(b)(c)</sup> | 756687 | 83076666 |
| Rush Enterprises, Inc., Class A<sup>(a)</sup> | 3631618 | 195889475 |
|  |  | 990225658 |
| **Water Utilities — 0.5%** | **Water Utilities — 0.5%** | **Water Utilities — 0.5%** |
| American States Water Co.<sup>(a)</sup> | 2307113 | 167219550 |
| California Water Service Group<sup>(a)</sup> | 3551193 | 153873193 |
| H2O America<sup>(a)</sup> | 1998138 | 97888781 |
| Middlesex Water Co.<sup>(a)</sup> | 1092358 | 55076690 |
|  |  | 474058214 |
| **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** |
| Gogo, Inc.<sup>(b)(c)</sup> | 4563613 | 21266437 |
| Shenandoah Telecommunications Co.<sup>(a)(c)</sup> | 2780881 | 32146984 |
| Telephone & Data Systems, Inc.<sup>(a)(c)</sup> | 5885469 | 241304229 |
|  |  | 294717650 |
| **Total Long-Term Investments — 98.6%** <br>**(Cost: $76,245,025,759)** | **Total Long-Term Investments — 98.6%** <br>**(Cost: $76,245,025,759)** | 86744812869 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 6.0%** | **Money Market Funds — 6.0%** | **Money Market Funds — 6.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 3.89%<sup>(a)(e)(f)</sup><br>| 4159184682 | $4161264274 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 3.72%<sup>(a)(e)</sup><br>| 1159799065 | 1159799065 |
| **Total Short-Term Securities — 6.0%** <br>**(Cost: $5,318,646,299)** | **Total Short-Term Securities — 6.0%** <br>**(Cost: $5,318,646,299)** | 5321063339 |
| **Total Investments — 104.6%** <br>**(Cost: $81,563,672,058)** | **Total Investments — 104.6%** <br>**(Cost: $81,563,672,058)** | 92065876208 |
| **Liabilities in Excess of Other Assets — (4.6)%** | **Liabilities in Excess of Other Assets — (4.6)%** | (4070040375)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $87995835833 |

---

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

<sup>(a)</sup> Affiliate of the Fund.

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

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

<sup>(d)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<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 December 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>*03/31/25*<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>*12/31/25*<br>| *Shares* <br>*Held at* <br>*12/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| A10 Networks, Inc. | $74448096<br>| &nbsp;&nbsp; $10604339 | $(15452916)<br>| $1742700 | &nbsp;&nbsp; $4251980 | $75594199 | 4273273 | $777505 | $— |
| AAR Corp. | 122545761<br>| &nbsp;&nbsp; 40241914 | (26082368)<br>| 8521850 | &nbsp;&nbsp; 47381294 | 192608451 | 2326470 |  |  |
| ABM Industries, Inc. | 182160436<br>| &nbsp;&nbsp; 23898007 | (32504646)<br>| 3592957 | &nbsp;&nbsp; (22789866)<br>| 154356888 | 3649099 | 2960394 |  |
| &nbsp;&nbsp;&nbsp; Academy Sports & <br> Outdoors, Inc.<br>| 195720765<br>| &nbsp;&nbsp; 28934995 | (41864991)<br>| 5348180 | &nbsp;&nbsp; 10616319 | 198755268 | 3978288 | 1578061 |  |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare Co., <br> Inc.<br>| —<br>| &nbsp;&nbsp; 125651202 | (3645669)<br>| 9434 | &nbsp;&nbsp; (43297843)<br>| 78717124 | 5547366 |  |  |
| Acadia Realty Trust | 155006452<br>| &nbsp;&nbsp; 34428572 | (26685389)<br>| (95155)<br>| &nbsp;&nbsp; (2262324)<br>| 160392156 | 7808771 | 4646834 |  |
| ACI Worldwide, Inc. | 354852507<br>| &nbsp;&nbsp; 40521623 | (57662341)<br>| 14981144 | &nbsp;&nbsp; (58949775)<br>| 293743158 | 6143969 |  |  |
| &nbsp;&nbsp;&nbsp; ACM Research, Inc., <br> Class A<br>| —<br>| &nbsp;&nbsp; 125017992 | (4562413)<br>| 172225 | &nbsp;&nbsp; 4599988 | 125227792 | 3174342 |  |  |
| Adamas Trust, Inc.<sup>(a)</sup> | 37018136<br>| &nbsp;&nbsp; 4909039 | (8929282)<br>| (8474210)<br>| &nbsp;&nbsp; 12843878 | 37367561 | 5118844 | 3388688 |  |
| Addus HomeCare Corp. | 109641123<br>| &nbsp;&nbsp; 18838462 | (20752505)<br>| 3394119 | &nbsp;&nbsp; 5593260 | 116714459 | 1086828 |  |  |
| Adeia, Inc. | 89399483<br>| &nbsp;&nbsp; — | (4419113)<br>| (2257174)<br>| &nbsp;&nbsp; 28327577 | 111050773 | 6437726 | 979816 |  |
| Adient PLC | 66733909<br>| &nbsp;&nbsp; 12887435 | (22012410)<br>| (1748497)<br>| &nbsp;&nbsp; 34601374 | 90461811 | 4718926 |  |  |
| ADMA Biologics, Inc. | 290013244<br>| &nbsp;&nbsp; 37871028 | (46527444)<br>| (713939)<br>| &nbsp;&nbsp; (21920345)<br>| 258722544 | 14184350 |  |  |
| &nbsp;&nbsp;&nbsp; Adtalem Global <br> Education, Inc.<br>| 231904953<br>| &nbsp;&nbsp; 34177970 | (52806463)<br>| 22398630 | &nbsp;&nbsp; (11050205)<br>| 224624885 | 2170918 |  |  |
| Advance Auto Parts, Inc. | 143868861<br>| &nbsp;&nbsp; 27884768 | (30624430)<br>| (3521175)<br>| &nbsp;&nbsp; 2959744 | 140567768 | 3576788 | 2682739 |  |
| &nbsp;&nbsp;&nbsp; Advanced Energy <br> Industries, Inc.<br>| 222030840<br>| &nbsp;&nbsp; 55263273 | (61627953)<br>| 22745993 | &nbsp;&nbsp; 232606698 | 471018851 | 2249696 | 670983 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| AdvanSix, Inc.<sup>(b)</sup> | $38126904<br>| &nbsp;&nbsp; $4027377 | $(32351164)<br>| $(18485647)<br>| &nbsp;&nbsp; $8682530 | $— |  | $773803 | $— |
| AeroVironment, Inc.<sup>(b)</sup> | 206388689<br>| &nbsp;&nbsp; 66811162 | (549150435)<br>| 337755163 | &nbsp;&nbsp; (61804579)<br>|  |  |  |  |
| Agilysys, Inc.<sup>(c)</sup> | N/A<br>| &nbsp;&nbsp; 38344595 | (23599191)<br>| 13761517 | &nbsp;&nbsp; 90438308 | 179721494 | 1512298 |  |  |
| Air Lease Corp., Class A | 309431057<br>| &nbsp;&nbsp; 53656208 | (59248340)<br>| 6328189 | &nbsp;&nbsp; 92020079 | 402187193 | 6261672 | 4110269 |  |
| Alamo Group, Inc. | 114285360<br>| &nbsp;&nbsp; 19906983 | (20018244)<br>| 6407875 | &nbsp;&nbsp; (12727681)<br>| 107854293 | 642487 | 564867 |  |
| Alarm.com Holdings, Inc. | 170088771<br>| &nbsp;&nbsp; 22030794 | (26832560)<br>| (27725)<br>| &nbsp;&nbsp; (13603708)<br>| 151655572 | 2972473 |  |  |
| &nbsp;&nbsp;&nbsp; Albany International <br> Corp., Class A<br>| 133618152<br>| &nbsp;&nbsp; 13891812 | (27950415)<br>| (6016813)<br>| &nbsp;&nbsp; (26847257)<br>| 86695479 | 1709970 | 1492131 |  |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin, <br> Inc.<br>| 77373727<br>| &nbsp;&nbsp; 8472922 | (11362001)<br>| (1042948)<br>| &nbsp;&nbsp; 16033897 | 89475597 | 4335058 | 3511501 |  |
| Alkermes PLC | 332037101<br>| &nbsp;&nbsp; 44673847 | (50177473)<br>| 698923 | &nbsp;&nbsp; (51886198)<br>| 275346200 | 9840822 |  |  |
| &nbsp;&nbsp;&nbsp; Alpha & Omega <br> Semiconductor Ltd.<br>| 37319061<br>| &nbsp;&nbsp; 5260319 | (5165861)<br>| (959757)<br>| &nbsp;&nbsp; (6651103)<br>| 29802659 | 1504425 |  |  |
| &nbsp;&nbsp;&nbsp; Alpha Metallurgical <br> Resources, Inc.<br>| 84667246<br>| &nbsp;&nbsp; 14356238 | (19386573)<br>| (3229609)<br>| &nbsp;&nbsp; 52243261 | 128650563 | 643639 |  |  |
| &nbsp;&nbsp;&nbsp; American Axle & <br> Manufacturing <br> Holdings, Inc.<br>| 30177524<br>| &nbsp;&nbsp; 6853796 | (7369873)<br>| (4390129)<br>| &nbsp;&nbsp; 20679581 | 45950899 | 7168627 |  |  |
| &nbsp;&nbsp;&nbsp; American Eagle <br> Outfitters, Inc.<br>| 125601045<br>| &nbsp;&nbsp; 23370241 | (40242325)<br>| 107326 | &nbsp;&nbsp; 138667734 | 247504021 | 9385818 | 3694759 |  |
| &nbsp;&nbsp;&nbsp; American States Water <br> Co.<br>| 184398697<br>| &nbsp;&nbsp; 26988478 | (29755657)<br>| 4527176 | &nbsp;&nbsp; (18939144)<br>| 167219550 | 2307113 | 3353892 |  |
| &nbsp;&nbsp;&nbsp; American Woodmark <br> Corp.<br>| 54755199<br>| &nbsp;&nbsp; 7463979 | (11460402)<br>| (2008429)<br>| &nbsp;&nbsp; (1971561)<br>| 46778786 | 867881 |  |  |
| Ameris Bancorp | 230464742<br>| &nbsp;&nbsp; 35176235 | (46194567)<br>| 15928261 | &nbsp;&nbsp; 48184847 | 283559518 | 3817955 | 2279667 |  |
| AMERISAFE, Inc. | 61860178<br>| &nbsp;&nbsp; 7843148 | (10271277)<br>| (1139854)<br>| &nbsp;&nbsp; (15019067)<br>| 43273128 | 1126611 | 2463483 |  |
| &nbsp;&nbsp;&nbsp; AMN Healthcare <br> Services, Inc.<br>| 57577935<br>| &nbsp;&nbsp; 6540363 | (7847448)<br>| (7338232)<br>| &nbsp;&nbsp; (12869262)<br>| 36063356 | 2288284 |  |  |
| Andersons, Inc. (The) | 85273190<br>| &nbsp;&nbsp; 15161542 | (14217188)<br>| 2300479 | &nbsp;&nbsp; 17920607 | 106438630 | 2001855 | 759987 |  |
| Angi, Inc., Class A<sup>(c)</sup> | N/A<br>| &nbsp;&nbsp; 10217421 | (13053033)<br>| (23438)<br>| &nbsp;&nbsp; (10047458)<br>| 28495212 | 2203806 |  |  |
| Apogee Enterprises, Inc. | 62881856<br>| &nbsp;&nbsp; 7594160 | (10804187)<br>| (553296)<br>| &nbsp;&nbsp; (12464179)<br>| 46654354 | 1281361 | 1009498 |  |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real <br> Estate Finance, Inc.<br>| 75593497<br>| &nbsp;&nbsp; 10888062 | (11744019)<br>| (994715)<br>| &nbsp;&nbsp; 1580140 | 75322965 | 7781298 | 5754936 |  |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT, <br> Inc.<br>| 178121749<br>| &nbsp;&nbsp; 22077725 | (30234258)<br>| (4896257)<br>| &nbsp;&nbsp; (9699770)<br>| 155369189 | 13111324 | 9480009 |  |
| Arbor Realty Trust, Inc. | 118029196<br>| &nbsp;&nbsp; 4346437 |  |  | &nbsp;&nbsp; (40949169)<br>| 81426464 | 10493101 | 9214841 |  |
| ArcBest Corp. | 101622990<br>| &nbsp;&nbsp; 14385248 | (21412795)<br>| 4990156 | &nbsp;&nbsp; (71510)<br>| 99514089 | 1341341 | 492861 |  |
| Archrock, Inc. | 284204653<br>| &nbsp;&nbsp; 38988611 | (47886430)<br>| 18453012 | &nbsp;&nbsp; (21804244)<br>| 271955602 | 10451791 | 6379971 |  |
| Arcosa, Inc. | 232607724<br>| &nbsp;&nbsp; 40225591 | (46958220)<br>| 19895575 | &nbsp;&nbsp; 65012897 | 310783567 | 2923096 | 438536 |  |
| Arlo Technologies, Inc. | 61230420<br>| &nbsp;&nbsp; 15533253 | (12401698)<br>| 5879076 | &nbsp;&nbsp; 18793869 | 89034920 | 6364183 |  |  |
| &nbsp;&nbsp;&nbsp; Armada Hoffler <br> Properties, Inc.<br>| 37741092<br>| &nbsp;&nbsp; 4970685 | (6673260)<br>| (2748867)<br>| &nbsp;&nbsp; (1681672)<br>| 31607978 | 4774619 | 2003970 |  |
| &nbsp;&nbsp;&nbsp; ARMOUR Residential <br> REIT, Inc.<br>| 80790352<br>| &nbsp;&nbsp; 43968072 | (13674556)<br>| (1612468)<br>| &nbsp;&nbsp; 8480761 | 117952161 | 6667731 | 12119179 |  |
| &nbsp;&nbsp;&nbsp; Armstrong World <br> Industries, Inc.<br>| 379726543<br>| &nbsp;&nbsp; 61968715 | (81274719)<br>| 19760886 | &nbsp;&nbsp; 111048196 | 491229621 | 2570537 | 2468734 |  |
| &nbsp;&nbsp;&nbsp; Arrowhead <br> Pharmaceuticals, Inc.<br>| 99950485<br>| &nbsp;&nbsp; 61652816 | (39699778)<br>| 4666572 | &nbsp;&nbsp; 420522542 | 547092637 | 8240588 |  |  |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset <br> Management, Inc., <br> Class A<br>| 170631188<br>| &nbsp;&nbsp; 20814455 | (27318531)<br>| 1597692 | &nbsp;&nbsp; 5347711 | 171072515 | 4199129 | 9595718 |  |
| Artivion, Inc. | 57334644<br>| &nbsp;&nbsp; 20407976 | (13002707)<br>| 4374386 | &nbsp;&nbsp; 44191979 | 113306278 | 2484242 |  |  |
| &nbsp;&nbsp;&nbsp; Asbury Automotive <br> Group, Inc.<br>| 267481629<br>| &nbsp;&nbsp; 38807859 | (50511115)<br>| 20630911 | &nbsp;&nbsp; (6984912)<br>| 269424372 | 1158665 |  |  |
| Assured Guaranty Ltd. | 260546588<br>| &nbsp;&nbsp; 30808857 | (62651194)<br>| 21637567 | &nbsp;&nbsp; (18308352)<br>| 232033466 | 2581879 | 2800533 |  |
| Astec Industries, Inc. | 48566163<br>| &nbsp;&nbsp; 8871658 | (10635800)<br>| (15081)<br>| &nbsp;&nbsp; 12246783 | 59033723 | 1362736 | 529658 |  |
| Astrana Health, Inc. | 79694987<br>| &nbsp;&nbsp; 10337978 | (10777705)<br>| (5590748)<br>| &nbsp;&nbsp; (9901869)<br>| 63762643 | 2570038 |  |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| &nbsp;&nbsp;&nbsp; Atlantic Union <br> Bankshares Corp.<sup>(c)</sup><br>| $ N/A<br>| &nbsp;&nbsp; $96006986 | $(14612672)<br>| $1065860 | &nbsp;&nbsp; $29541916 | $300531492 | 8513640 | $8593835 | $— |
| Avanos Medical, Inc. | 40716474<br>| &nbsp;&nbsp; 4928808 | (5044655)<br>| (2346230)<br>| &nbsp;&nbsp; (6429992)<br>| 31824405 | 2833874 |  |  |
| Avista Corp. | 205006992<br>| &nbsp;&nbsp; 30788879 | (32287989)<br>| (123035)<br>| &nbsp;&nbsp; (16490937)<br>| 186893910 | 4849349 | 7026559 |  |
| &nbsp;&nbsp;&nbsp; Axcelis Technologies, <br> Inc.<br>| 99831336<br>| &nbsp;&nbsp; 21214566 | (33160385)<br>| 9887974 | &nbsp;&nbsp; 50638430 | 148411921 | 1847298 |  |  |
| Axos Financial, Inc. | 216601447<br>| &nbsp;&nbsp; 39857583 | (34127157)<br>| 13514317 | &nbsp;&nbsp; 55698485 | 291544675 | 3383759 |  |  |
| Azenta, Inc. | 97872098<br>| &nbsp;&nbsp; 12474355 | (24108240)<br>| (7287186)<br>| &nbsp;&nbsp; 1894620 | 80845647 | 2430717 |  |  |
| AZZ, Inc. | 154902658<br>| &nbsp;&nbsp; 25928185 | (31165883)<br>| 10777298 | &nbsp;&nbsp; 31545846 | 191988104 | 1791268 | 1017302 |  |
| B&G Foods, Inc.<sup>(b)</sup> | 34295260<br>| &nbsp;&nbsp; 1579029 | (24977602)<br>| (80861278)<br>| &nbsp;&nbsp; 69964591 |  |  | 903482 |  |
| Badger Meter, Inc. | 346008246<br>| &nbsp;&nbsp; 48520562 | (61056031)<br>| 26872810 | &nbsp;&nbsp; (54007328)<br>| 306338259 | 1756426 | 1992088 |  |
| Balchem Corp. | 333694860<br>| &nbsp;&nbsp; 44270322 | (57069524)<br>| 14952153 | &nbsp;&nbsp; (39831726)<br>| 296016085 | 1930204 | 1854731 |  |
| Banc of California, Inc. | 121022849<br>| &nbsp;&nbsp; 19531534 | (24735211)<br>| (552825)<br>| &nbsp;&nbsp; 39042542 | 154308889 | 7999424 | 2371739 |  |
| Bancorp, Inc. (The) | 156115093<br>| &nbsp;&nbsp; 13276580 | (35502735)<br>| 13625638 | &nbsp;&nbsp; 27568430 | 175083006 | 2593054 |  |  |
| Bank of Hawaii Corp. | 169667235<br>| &nbsp;&nbsp; 10816383 | (16769780)<br>| 4642210 | &nbsp;&nbsp; (6505866)<br>| 161850182 | 2367269 | 5003251 |  |
| BankUnited, Inc. | 159325467<br>| &nbsp;&nbsp; 2709485 | (11716946)<br>| 3153345 | &nbsp;&nbsp; 41246110 | 194717461 | 4368801 | 4169141 |  |
| Banner Corp. | 136004766<br>| &nbsp;&nbsp; 14343380 | (20466945)<br>| 3594052 | &nbsp;&nbsp; (5886648)<br>| 127588605 | 2036205 | 3017513 |  |
| &nbsp;&nbsp;&nbsp; Beacon Financial <br> Corp.<sup>(d)</sup><br>| 69333758<br>| &nbsp;&nbsp; 78564244 | (5147437)<br>| 398803 | &nbsp;&nbsp; (10603912)<br>| 132545456 | 5026373 | 2521072 |  |
| &nbsp;&nbsp;&nbsp; Benchmark Electronics, <br> Inc.<br>| 84640823<br>| &nbsp;&nbsp; 13002668 | (16539860)<br>| 3906875 | &nbsp;&nbsp; 5890968 | 90901474 | 2125853 | 1081691 |  |
| &nbsp;&nbsp;&nbsp; BGC Group, Inc., <br> Class A<br>| 196061725<br>| &nbsp;&nbsp; 38151281 | (38242076)<br>| 828956 | &nbsp;&nbsp; (5587663)<br>| 191212223 | 21412343 | 1307020 |  |
| BJ's Restaurants, Inc. | 48330137<br>| &nbsp;&nbsp; 7703541 | (13730693)<br>| 1117764 | &nbsp;&nbsp; 6183693 | 49604442 | 1258996 |  |  |
| BlackLine, Inc. | 155438901<br>| &nbsp;&nbsp; 24233866 | (36441960)<br>| (3987915)<br>| &nbsp;&nbsp; 25402711 | 164645603 | 2977855 |  |  |
| &nbsp;&nbsp;&nbsp; BlackRock Cash <br> Funds: Institutional, SL <br> Agency Shares<br>| 3908839480<br>| &nbsp;&nbsp; 252294761 <br><sup>(e)</sup><br>|  | 184045 | &nbsp;&nbsp; (54012)<br>| 4161264274 | 4159184682 | 16867196 <br><sup>(f)</sup><br>|  |
| &nbsp;&nbsp;&nbsp; BlackRock Cash <br> Funds: Treasury, SL <br> Agency Shares<br>| 1215109656<br>| &nbsp;&nbsp; — | (55310591 )<sup>(e)</sup><br>|  | &nbsp;&nbsp; — | 1159799065 | 1159799065 | 32140493 |  |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage <br> Trust, Inc., Class A<br>| 212213860<br>| &nbsp;&nbsp; 25735681 | (48978979)<br>| (2335990)<br>| &nbsp;&nbsp; (6893396)<br>| 179741176 | 9395775 | 13514084 |  |
| Bloomin' Brands, Inc. | 33473260<br>| &nbsp;&nbsp; 4579516 | (4788465)<br>| (1703551)<br>| &nbsp;&nbsp; (2913148)<br>| 28647612 | 4643049 | 1354955 |  |
| Boise Cascade Co. | 232945701<br>| &nbsp;&nbsp; 25838165 | (40529140)<br>| 11943542 | &nbsp;&nbsp; (67723692)<br>| 162474576 | 2207535 | 1469237 |  |
| Boot Barn Holdings, Inc. | 203228124<br>| &nbsp;&nbsp; 44388474 | (53449055)<br>| 24634605 | &nbsp;&nbsp; 101821254 | 320623402 | 1816872 |  |  |
| BorgWarner, Inc.<sup>(b)</sup> | 387433320<br>| &nbsp;&nbsp; 72638547 | (674492697)<br>| 213665353 | &nbsp;&nbsp; 755477 |  |  | 5860843 |  |
| Box, Inc., Class A | 274226095<br>| &nbsp;&nbsp; 41211128 | (49498535)<br>| 1885706 | &nbsp;&nbsp; (9552681)<br>| 258271713 | 8634962 |  |  |
| Brady Corp., Class A | 193171508<br>| &nbsp;&nbsp; 25678794 | (34373502)<br>| 10157420 | &nbsp;&nbsp; 9756542 | 204390762 | 2608023 | 1906458 |  |
| Brandywine Realty Trust | 47611611<br>| &nbsp;&nbsp; 5865579 | (7121945)<br>| (4127586)<br>| &nbsp;&nbsp; (12014524)<br>| 30213135 | 10346964 | 3973554 |  |
| Brinker International, Inc. | 409297560<br>| &nbsp;&nbsp; 53831633 | (68751035)<br>| 34047368 | &nbsp;&nbsp; (48364186)<br>| 380061340 | 2648142 |  |  |
| Bristow Group, Inc. | 48069844<br>| &nbsp;&nbsp; 7629495 | (7988197)<br>| 1894774 | &nbsp;&nbsp; 5279774 | 54885690 | 1498790 |  |  |
| &nbsp;&nbsp;&nbsp; Brookline Bancorp, <br> Inc.<sup>(b)</sup><br>| 60105881<br>| &nbsp;&nbsp; 3274335 | (75094010)<br>| 92008 | &nbsp;&nbsp; 11621786 |  |  | 1443724 |  |
| Cable One, Inc.<sup>(g)</sup> | 75725049<br>| &nbsp;&nbsp; 6345039 | (7826117)<br>| (4434197)<br>| &nbsp;&nbsp; 36870099 | N/A | N/A |  |  |
| Cactus, Inc., Class A | 188895586<br>| &nbsp;&nbsp; 28899818 | (28954243)<br>| (2831036)<br>| &nbsp;&nbsp; 1393948 | 187404073 | 4102541 | 1661862 |  |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, <br> Inc.<br>| —<br>| &nbsp;&nbsp; 314738490 | (17253921)<br>| (957327)<br>| &nbsp;&nbsp; (11995494)<br>| 284531748 | 12164675 |  |  |
| Caleres, Inc.<sup>(b)</sup> | 35823737<br>| &nbsp;&nbsp; 2382007 | (25583047)<br>| (30916768)<br>| &nbsp;&nbsp; 18294071 |  |  | 283222 |  |
| &nbsp;&nbsp;&nbsp; California Resources <br> Corp.<sup>(c)</sup><br>| N/A<br>| &nbsp;&nbsp; 47856933 | (33509442)<br>| (1183812)<br>| &nbsp;&nbsp; (3330743)<br>| 209278076 | 4680789 | 5022578 |  |
| &nbsp;&nbsp;&nbsp; California Water Service <br> Group<br>| 178730802<br>| &nbsp;&nbsp; 21960940 | (28505919)<br>| 630033 | &nbsp;&nbsp; (18942663)<br>| 153873193 | 3551193 | 3190825 |  |
| Calix, Inc. | 129335516<br>| &nbsp;&nbsp; 31235988 | (31290567)<br>| 6792429 | &nbsp;&nbsp; 54341780 | 190415146 | 3597490 |  |  |
| Cal-Maine Foods, Inc. | 228747759<br>| &nbsp;&nbsp; 57850233 | (39249187)<br>| 14937997 | &nbsp;&nbsp; (46091770)<br>| 216195032 | 2717042 | 18899187 |  |
| &nbsp;&nbsp;&nbsp; Capitol Federal Financial, <br> Inc.<br>| 42336314<br>| &nbsp;&nbsp; 6832805 | (8586080)<br>| (1624339)<br>| &nbsp;&nbsp; 10380867 | 49339567 | 7245164 | 1860211 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| CareTrust REIT, Inc. | $331656867<br>| &nbsp;&nbsp; $113320504 | $(52241642)<br>| $18988358 | &nbsp;&nbsp; $69993250 | $481717337 | 13321829 | $12582349 | $— |
| Cargurus, Inc., Class A | 158987141<br>| &nbsp;&nbsp; 24538237 | (44964226)<br>| 6839126 | &nbsp;&nbsp; 40264612 | 185664890 | 4841327 |  |  |
| CarMax, Inc. | —<br>| &nbsp;&nbsp; 391415536 | (24772244)<br>| (1096268)<br>| &nbsp;&nbsp; (27368546)<br>| 338178478 | 8752031 |  |  |
| Cars.com, Inc. | 41500220<br>| &nbsp;&nbsp; 5725756 | (10221809)<br>| (2260412)<br>| &nbsp;&nbsp; 5681872 | 40425627 | 3313576 |  |  |
| Carter's, Inc. | 91134321<br>| &nbsp;&nbsp; 10519458 | (12491945)<br>| (3867601)<br>| &nbsp;&nbsp; (14876931)<br>| 70417302 | 2171363 | 1616855 |  |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems, <br> Inc., Class A<br>| —<br>| &nbsp;&nbsp; 368309016 | (1374217)<br>| 11891 | &nbsp;&nbsp; (2084148)<br>| 364862542 | 3725368 |  |  |
| &nbsp;&nbsp;&nbsp; Catalyst <br> Pharmaceuticals, Inc.<br>| 168115501<br>| &nbsp;&nbsp; 26242493 | (26988084)<br>| 5050627 | &nbsp;&nbsp; (11719199)<br>| 160701338 | 6885233 |  |  |
| Cathay General Bancorp | 189612857<br>| &nbsp;&nbsp; 6027769 | (21091400)<br>| 3358619 | &nbsp;&nbsp; 18846427 | 196754272 | 4066011 | 4277866 |  |
| Cavco Industries, Inc. | 257480302<br>| &nbsp;&nbsp; 35392033 | (50387467)<br>| 19470133 | &nbsp;&nbsp; 12853703 | 274808704 | 465194 |  |  |
| Celanese Corp., Class A | 383743571<br>| &nbsp;&nbsp; 41519157 | (52556981)<br>| (5892230)<br>| &nbsp;&nbsp; (90877832)<br>| 275935685 | 6526388 | 587627 |  |
| Centerspace | 66342202<br>| &nbsp;&nbsp; 10033009 | (11589669)<br>| (660788)<br>| &nbsp;&nbsp; 2265049 | 66389803 | 995051 | 2281589 |  |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet <br> Co.<br>| 20891984<br>| &nbsp;&nbsp; 2777674 | (5638005)<br>| 279969 | &nbsp;&nbsp; (2786805)<br>| 15524817 | 482887 |  |  |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet <br> Co., Class A<br>| 102248913<br>| &nbsp;&nbsp; 14251938 | (15907758)<br>| 1955615 | &nbsp;&nbsp; (12774396)<br>| 89774312 | 3075516 |  |  |
| &nbsp;&nbsp;&nbsp; Central Pacific Financial <br> Corp.<br>| 43196860<br>| &nbsp;&nbsp; 373648 | (933272)<br>| (6695)<br>| &nbsp;&nbsp; 6602228 | 49232769 | 1579999 | 1305059 |  |
| &nbsp;&nbsp;&nbsp; Century Communities, <br> Inc.<br>| 113038606<br>| &nbsp;&nbsp; 14431499 | (24110789)<br>| 6159064 | &nbsp;&nbsp; (19118359)<br>| 90400021 | 1523168 | 1379623 |  |
| CEVA, Inc.<sup>(b)</sup> | 37410320<br>| &nbsp;&nbsp; 4499932 | (35645011)<br>| (15294450)<br>| &nbsp;&nbsp; 9029209 |  |  |  |  |
| Champion Homes, Inc. | 308769964<br>| &nbsp;&nbsp; 47548070 | (42709104)<br>| (3013273)<br>| &nbsp;&nbsp; (29287214)<br>| 281308443 | 3329094 |  |  |
| &nbsp;&nbsp;&nbsp; Cheesecake Factory, Inc. <br> (The)<br>| 141282510<br>| &nbsp;&nbsp; 21218647 | (31259468)<br>| 10288469 | &nbsp;&nbsp; (3592851)<br>| 137937307 | 2732514 | 2222849 |  |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse, Inc. <br> (The)<br>| 118524130<br>| &nbsp;&nbsp; 20834979 | (21740926)<br>| 7072686 | &nbsp;&nbsp; 9805304 | 134496173 | 2157808 |  |  |
| Chemours Co. (The) | 124995768<br>| &nbsp;&nbsp; 16231395 | (20290478)<br>| (883548)<br>| &nbsp;&nbsp; (14751436)<br>| 105301701 | 8931442 | 2333100 |  |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities <br> Corp.<br>| 181843780<br>| &nbsp;&nbsp; 27843210 | (28444776)<br>| 6427335 | &nbsp;&nbsp; (11822200)<br>| 175847349 | 1409485 | 2847700 |  |
| Cinemark Holdings, Inc. | 165144378<br>| &nbsp;&nbsp; 24078096 | (39127707)<br>| 10155488 | &nbsp;&nbsp; (17341174)<br>| 142909081 | 6149272 | 1545810 |  |
| City Holding Co. | 106887245<br>| &nbsp;&nbsp; 14088042 | (20060703)<br>| 7421624 | &nbsp;&nbsp; (5993591)<br>| 102342617 | 858579 | 2132067 |  |
| Cleanspark, Inc. | 115513232<br>| &nbsp;&nbsp; 29696045 | (32022570)<br>| 5274583 | &nbsp;&nbsp; 51059083 | 169520373 | 16751025 |  |  |
| &nbsp;&nbsp;&nbsp; Clear Secure, Inc., <br> Class A<br>| 150699219<br>| &nbsp;&nbsp; 26660251 | (42648103)<br>| 694972 | &nbsp;&nbsp; 50400599 | 185806938 | 5296663 | 2041250 |  |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc., <br> Class A<br>| 60905823<br>| &nbsp;&nbsp; 8510960 | (9854679)<br>| 1762018 | &nbsp;&nbsp; 4146989 | 65471111 | 2083740 | 2782672 |  |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc., <br> Class C<br>| 155035736<br>| &nbsp;&nbsp; 25726292 | (25613001)<br>| 3965396 | &nbsp;&nbsp; 9734391 | 168848814 | 5076633 | 6656104 |  |
| &nbsp;&nbsp;&nbsp; Cogent Communications <br> Holdings, Inc.<br>| 160068516<br>| &nbsp;&nbsp; 23526189 | (17361299)<br>| 552673 | &nbsp;&nbsp; (105825891)<br>| 60960188 | 2827467 | 5172819 |  |
| Cohu, Inc. | 42393896<br>| &nbsp;&nbsp; 8602205 | (10096938)<br>| (1261073)<br>| &nbsp;&nbsp; 25089719 | 64727809 | 2781599 |  |  |
| &nbsp;&nbsp;&nbsp; Collegium <br> Pharmaceutical, Inc.<br>| 59517855<br>| &nbsp;&nbsp; 11598512 | (14477866)<br>| 2927398 | &nbsp;&nbsp; 27638669 | 87204568 | 1883468 |  |  |
| &nbsp;&nbsp;&nbsp; Community Financial <br> System, Inc.<br>| 185343017<br>| &nbsp;&nbsp; 21146280 | (27786131)<br>| 3857726 | &nbsp;&nbsp; (2294872)<br>| 180266020 | 3138336 | 4421195 |  |
| &nbsp;&nbsp;&nbsp; Concentra Group <br> Holdings Parent, Inc.<br>| 145236017<br>| &nbsp;&nbsp; 29773291 | (21380150)<br>| 8345163 | &nbsp;&nbsp; (22183916)<br>| 139790405 | 7103171 | 1254964 |  |
| CONMED Corp. | 115345444<br>| &nbsp;&nbsp; 12818934 | (16586336)<br>| (6818879)<br>| &nbsp;&nbsp; (29853300)<br>| 74905863 | 1844972 | 737737 |  |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics, <br> Inc.<br>| 658629185<br>| &nbsp;&nbsp; 63191746 | (77456573)<br>| 34018757 | &nbsp;&nbsp; (484207084)<br>| 194176031 | 5579771 |  |  |
| Core Laboratories, Inc. | 43398284<br>| &nbsp;&nbsp; 6203985 | (7682153)<br>| (2186582)<br>| &nbsp;&nbsp; 4728637 | 44462171 | 2773685 | 83605 |  |
| &nbsp;&nbsp;&nbsp; Core Natural Resources, <br> Inc.<br>| 241888914<br>| &nbsp;&nbsp; 35433056 | (41224259)<br>| 12031294 | &nbsp;&nbsp; 22161417 | 270290422 | 3053784 | 909605 |  |
| CoreCivic, Inc. | 137829706<br>| &nbsp;&nbsp; 18597444 | (30333504)<br>| 7757199 | &nbsp;&nbsp; (14756045)<br>| 119094800 | 6232067 |  |  |
| &nbsp;&nbsp;&nbsp; Cracker Barrel Old <br> Country Store, Inc.<br>| 53423618<br>| &nbsp;&nbsp; 8808508 | (11354188)<br>| (5699935)<br>| &nbsp;&nbsp; (11484547)<br>| 33693456 | 1326514 | 1000594 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| &nbsp;&nbsp;&nbsp; Crescent Energy Co., <br> Class A<sup>(g)</sup><br>| $127113171<br>| &nbsp;&nbsp; $13577496 | $(12953847)<br>| $(2175013)<br>| &nbsp;&nbsp; $17069608 | $ N/A | N/A | $3941403 | $— |
| &nbsp;&nbsp;&nbsp; CSG Systems <br> International, Inc.<br>| 103217997<br>| &nbsp;&nbsp; 17787873 | (23101660)<br>| 4873477 | &nbsp;&nbsp; 21358652 | 124136339 | 1618677 | 1566861 |  |
| CSW Industrials, Inc. | 302544412<br>| &nbsp;&nbsp; 38346506 | (50918372)<br>| (6043272)<br>| &nbsp;&nbsp; 8005097 | 291934371 | 994564 | 811050 |  |
| CTS Corp. | 77364895<br>| &nbsp;&nbsp; 11107452 | (16353356)<br>| 3365943 | &nbsp;&nbsp; (1284381)<br>| 74200553 | 1730827 | 208925 |  |
| &nbsp;&nbsp;&nbsp; Curbline Properties <br> Corp.<br>| 141402210<br>| &nbsp;&nbsp; 18748072 | (20208050)<br>| 10675304 | &nbsp;&nbsp; (16542395)<br>| 134075141 | 5776611 | 2903517 |  |
| Customers Bancorp, Inc. | 90574354<br>| &nbsp;&nbsp; 24809877 | (16085762)<br>| 7178440 | &nbsp;&nbsp; 32321376 | 138798285 | 1898226 |  |  |
| CVB Financial Corp. | 149927505<br>| &nbsp;&nbsp; 20863366 | (29089581)<br>| 627305 | &nbsp;&nbsp; 213379 | 142541974 | 7663547 | 6210161 |  |
| Cytek Biosciences, Inc. | 26508530<br>| &nbsp;&nbsp; 5097618 | (4354218)<br>| (2860029)<br>| &nbsp;&nbsp; 9095593 | 33487494 | 6631187 |  |  |
| Dana, Inc. | 106349113<br>| &nbsp;&nbsp; 22560534 | (44157014)<br>| 7390900 | &nbsp;&nbsp; 73290100 | 165433633 | 6962695 | 2320002 |  |
| &nbsp;&nbsp;&nbsp; Dave & Buster's <br> Entertainment, Inc.<sup>(g)</sup><br>| 33460115<br>| &nbsp;&nbsp; 5103312 | (12598396)<br>| (3371487)<br>| &nbsp;&nbsp; 35067409 | N/A | N/A |  |  |
| Deluxe Corp. | 43274421<br>| &nbsp;&nbsp; 7302878 | (8224728)<br>| (731219)<br>| &nbsp;&nbsp; 18248593 | 59869945 | 2681144 | 2400772 |  |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality <br> Co.<br>| 99088323<br>| &nbsp;&nbsp; 14686469 | (19793853)<br>| (2294770)<br>| &nbsp;&nbsp; 17070338 | 108756507 | 12138003 | 3401769 |  |
| Digi International, Inc. | 64209738<br>| &nbsp;&nbsp; 11613872 | (14080061)<br>| 5757523 | &nbsp;&nbsp; 28250434 | 95751506 | 2211862 |  |  |
| &nbsp;&nbsp;&nbsp; Dime Community <br> Bancshares, Inc.<br>| 67672566<br>| &nbsp;&nbsp; 11082277 | (10784417)<br>| 1077724 | &nbsp;&nbsp; 4131542 | 73179692 | 2432027 | 1773556 |  |
| Diodes, Inc. | 123679503<br>| &nbsp;&nbsp; 19805395 | (24142223)<br>| 1480825 | &nbsp;&nbsp; 15557638 | 136381138 | 2764109 |  |  |
| DNOW, Inc. | 111575134<br>| &nbsp;&nbsp; 81242820 | (19409103)<br>| 4384706 | &nbsp;&nbsp; (31195809)<br>| 146597748 | 11063981 |  |  |
| &nbsp;&nbsp;&nbsp; Donnelley Financial <br> Solutions, Inc.<br>| 71748042<br>| &nbsp;&nbsp; 16473401 | (19496535)<br>| 4359235 | &nbsp;&nbsp; 731486 | 73815629 | 1580973 |  |  |
| Dorian LPG Ltd. | 50252467<br>| &nbsp;&nbsp; 8748843 | (9863077)<br>| 2226333 | &nbsp;&nbsp; 2050124 | 53414690 | 2194523 | 3787973 |  |
| Dorman Products, Inc. | 202441626<br>| &nbsp;&nbsp; 31164828 | (32718531)<br>| 9453346 | &nbsp;&nbsp; (5990494)<br>| 204350775 | 1658826 |  |  |
| &nbsp;&nbsp;&nbsp; DoubleVerify Holdings, <br> Inc.<sup>(g)</sup><br>| 116072725<br>| &nbsp;&nbsp; 15220921 | (25317532)<br>| (17395241)<br>| &nbsp;&nbsp; 127259260 | N/A | N/A |  |  |
| DXC Technology Co. | 190876540<br>| &nbsp;&nbsp; 23049070 | (35556634)<br>| (8528490)<br>| &nbsp;&nbsp; (17815004)<br>| 152025482 | 10377166 |  |  |
| DXP Enterprises, Inc.<sup>(g)</sup> | 64656689<br>| &nbsp;&nbsp; 11714546 | (14662840)<br>| 6390926 | &nbsp;&nbsp; (39468461)<br>| N/A | N/A |  |  |
| Dycom Industries, Inc.<sup>(b)</sup> | 274845430<br>| &nbsp;&nbsp; 68056763 | (674216553)<br>| 431056815 | &nbsp;&nbsp; (99742455)<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Dynavax Technologies <br> Corp.<br>| 98038142<br>| &nbsp;&nbsp; 10602025 | (25684684)<br>| (1580876)<br>| &nbsp;&nbsp; 11251443 | 92626050 | 6022500 |  |  |
| Eagle Bancorp, Inc. | 39268152<br>| &nbsp;&nbsp; 5587299 | (10311283)<br>| (9806528)<br>| &nbsp;&nbsp; 10526899 | 35264539 | 1646337 | 616917 |  |
| &nbsp;&nbsp;&nbsp; Easterly Government <br> Properties, Inc.<br>| 65134435<br>| &nbsp;&nbsp; 5523062 | (2219550)<br>| (2455739)<br>| &nbsp;&nbsp; (10820612)<br>| 55161596 | 2603190 | 3348320 |  |
| Eastman Chemical Co. | —<br>| &nbsp;&nbsp; 415932410 | (22196786)<br>| 626167 | &nbsp;&nbsp; 39604273 | 433966064 | 6798779 | 5806337 |  |
| &nbsp;&nbsp;&nbsp; Edgewell Personal Care <br> Co.<br>| 93064381<br>| &nbsp;&nbsp; 8649334 | (14088823)<br>| (5498774)<br>| &nbsp;&nbsp; (34935230)<br>| 47190888 | 2767794 | 1272712 |  |
| Element Solutions, Inc. | 311493923<br>| &nbsp;&nbsp; 46466765 | (48846668)<br>| (2622209)<br>| &nbsp;&nbsp; 32319960 | 338811771 | 13557894 | 3218235 |  |
| Ellington Financial, Inc. | 74325973<br>| &nbsp;&nbsp; 21469523 | (10619861)<br>| 200843 | &nbsp;&nbsp; 1454477 | 86830955 | 6394032 | 6744120 |  |
| Elme Communities | 94702580<br>| &nbsp;&nbsp; 13870617 | (16676831)<br>| (1311636)<br>| &nbsp;&nbsp; 910873 | 91495603 | 5258368 | 1885067 |  |
| Embecta Corp. | 46393412<br>| &nbsp;&nbsp; 6081654 | (7243213)<br>| (2264604)<br>| &nbsp;&nbsp; (801850)<br>| 42165399 | 3549276 | 1568489 |  |
| Employers Holdings, Inc. | 77462995<br>| &nbsp;&nbsp; 2639877 | (10971982)<br>| 1513575 | &nbsp;&nbsp; (12650535)<br>| 57993930 | 1343385 | 1391174 |  |
| &nbsp;&nbsp;&nbsp; Encore Capital Group, <br> Inc.<br>| 50210567<br>| &nbsp;&nbsp; 9537757 | (15293605)<br>| 319232 | &nbsp;&nbsp; 27445025 | 72218976 | 1328776 |  |  |
| Energizer Holdings, Inc. | 121534172<br>| &nbsp;&nbsp; 12619141 | (25621743)<br>| (4433531)<br>| &nbsp;&nbsp; (32100277)<br>| 71997762 | 3619797 | 3428285 |  |
| &nbsp;&nbsp;&nbsp; Enerpac Tool Group <br> Corp., Class A<br>| 150895761<br>| &nbsp;&nbsp; 16868876 | (25171742)<br>| 6084066 | &nbsp;&nbsp; (27950413)<br>| 120726548 | 3157075 | 126428 |  |
| Enova International, Inc. | 154341021<br>| &nbsp;&nbsp; 25506170 | (38242815)<br>| 17585763 | &nbsp;&nbsp; 73174727 | 232364866 | 1478148 |  |  |
| Enovis Corp. | 134741451<br>| &nbsp;&nbsp; 15084970 | (18950104)<br>| (4612360)<br>| &nbsp;&nbsp; (35488956)<br>| 90775001 | 3407470 |  |  |
| Enphase Energy, Inc. | —<br>| &nbsp;&nbsp; 311842167 | (14027497)<br>| (572618)<br>| &nbsp;&nbsp; (47283333)<br>| 249958719 | 7799024 |  |  |
| Enpro, Inc. | 210013936<br>| &nbsp;&nbsp; 37175843 | (43933793)<br>| 17597673 | &nbsp;&nbsp; 47989554 | 268843213 | 1255514 | 1168903 |  |
| Enviri Corp. | 33149193<br>| &nbsp;&nbsp; 9914505 | (10661314)<br>| 615455 | &nbsp;&nbsp; 53093854 | 86111693 | 4805340 |  |  |
| ePlus, Inc. | 99397547<br>| &nbsp;&nbsp; 16734543 | (20772527)<br>| 6087824 | &nbsp;&nbsp; 35435738 | 136883125 | 1560811 | 778485 |  |
| ESCO Technologies, Inc. | 253917172<br>| &nbsp;&nbsp; 42595766 | (51481345)<br>| 21070266 | &nbsp;&nbsp; 34635395 | 300737254 | 1539164 | 370605 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| &nbsp;&nbsp;&nbsp; Essential Properties <br> Realty Trust, Inc.<br>| $378832178<br>| &nbsp;&nbsp; $67662504 | $(60398891)<br>| $9383831 | &nbsp;&nbsp; $(45207894)<br>| $350271728 | 11809566 | $10649434 | $— |
| Ethan Allen Interiors, Inc. | 39535878<br>| &nbsp;&nbsp; 5442356 | (6040710)<br>| 607299 | &nbsp;&nbsp; (7285813)<br>| 32259010 | 1412391 | 1923654 |  |
| Etsy, Inc. | 328192384<br>| &nbsp;&nbsp; 47395523 | (109582197)<br>| 4475643 | &nbsp;&nbsp; 55665348 | 326146701 | 5882877 |  |  |
| EVERTEC, Inc. | 144960761<br>| &nbsp;&nbsp; 17996881 | (22713295)<br>| 4634603 | &nbsp;&nbsp; (33970183)<br>| 110908767 | 3812608 | 569406 |  |
| &nbsp;&nbsp;&nbsp; Everus Construction <br> Group, Inc.<br>| 116916841<br>| &nbsp;&nbsp; 33554834 | (38334773)<br>| 5653213 | &nbsp;&nbsp; 142308520 | 260098635 | 3039956 |  |  |
| EZCORP, Inc., Class A | 47800109<br>| &nbsp;&nbsp; 14368182 | (10183792)<br>| 3481766 | &nbsp;&nbsp; 11543571 | 67009836 | 3450558 |  |  |
| Federal Signal Corp. | 277916471<br>| &nbsp;&nbsp; 54657781 | (69548355)<br>| 32327364 | &nbsp;&nbsp; 98210453 | 393563714 | 3624309 | 1521764 |  |
| &nbsp;&nbsp;&nbsp; First BanCorp/Puerto <br> Rico<br>| 193197004<br>| &nbsp;&nbsp; 5841748 | (20526313)<br>| 9873551 | &nbsp;&nbsp; 5217264 | 193603254 | 9339279 | 5187710 |  |
| &nbsp;&nbsp;&nbsp; First Bancorp/Southern <br> Pines NC<br>| 102717377<br>| &nbsp;&nbsp; 14836218 | (18449703)<br>| 2617602 | &nbsp;&nbsp; 23775161 | 125496655 | 2470893 | 1690710 |  |
| &nbsp;&nbsp;&nbsp; First Commonwealth <br> Financial Corp.<br>| 97563430<br>| &nbsp;&nbsp; 14958553 | (16848100)<br>| 3914511 | &nbsp;&nbsp; 4314880 | 103903274 | 6162709 | 2502380 |  |
| First Financial Bancorp | 147637121<br>| &nbsp;&nbsp; 26565918 | (19527943)<br>| 2376128 | &nbsp;&nbsp; (2722059)<br>| 154329165 | 6168232 | 4233173 |  |
| First Hawaiian, Inc. | 191055692<br>| &nbsp;&nbsp; 27268565 | (37816135)<br>| 4605046 | &nbsp;&nbsp; 1426768 | 186539936 | 7373120 | 5821471 |  |
| &nbsp;&nbsp;&nbsp; First Interstate <br> BancSystem, Inc., <br> Class A<br>| —<br>| &nbsp;&nbsp; 184931216 | (9012038)<br>| 344578 | &nbsp;&nbsp; 8315964 | 184579720 | 5334674 |  |  |
| FMC Corp. | 325685916<br>| &nbsp;&nbsp; 27626291 | (41400082)<br>| (7498476)<br>| &nbsp;&nbsp; (201174842)<br>| 103238807 | 7443317 | 9125728 |  |
| Foot Locker, Inc.<sup>(b)</sup> | 71966781<br>| &nbsp;&nbsp; 6716119 | (127764711)<br>| 26235917 | &nbsp;&nbsp; 22845894 |  |  |  |  |
| FormFactor, Inc. | 135483215<br>| &nbsp;&nbsp; 27605732 | (30290569)<br>| 10272635 | &nbsp;&nbsp; 114626228 | 257697241 | 4619886 |  |  |
| Fortrea Holdings, Inc. | 41914270<br>| &nbsp;&nbsp; 7441417 | (6536595)<br>| (5581989)<br>| &nbsp;&nbsp; 57819332 | 95056435 | 5510518 |  |  |
| &nbsp;&nbsp;&nbsp; Four Corners Property <br> Trust, Inc.<br>| 178263564<br>| &nbsp;&nbsp; 24058355 | (21952384)<br>| 1705230 | &nbsp;&nbsp; (36124889)<br>| 145949876 | 6329136 | 6602452 |  |
| &nbsp;&nbsp;&nbsp; Fox Factory Holding <br> Corp.<br>| 60149444<br>| &nbsp;&nbsp; 7602822 | (9909731)<br>| (3739619)<br>| &nbsp;&nbsp; (11371649)<br>| 42731267 | 2497444 |  |  |
| &nbsp;&nbsp;&nbsp; Franklin BSP Realty <br> Trust, Inc.<br>| 66061525<br>| &nbsp;&nbsp; 7121044 | (10819293)<br>| (1928172)<br>| &nbsp;&nbsp; (11677378)<br>| 48757726 | 4861189 | 5180580 |  |
| Franklin Electric Co., Inc. | 228089628<br>| &nbsp;&nbsp; 29610680 | (42456693)<br>| 12239900 | &nbsp;&nbsp; (9061812)<br>| 218421703 | 2286420 | 1843524 |  |
| Freshpet, Inc. | 249623028<br>| &nbsp;&nbsp; 25767701 | (32900611)<br>| (3679389)<br>| &nbsp;&nbsp; (61582968)<br>| 177227761 | 2908711 |  |  |
| Frontdoor, Inc. | 181062894<br>| &nbsp;&nbsp; 35181629 | (58436133)<br>| 18130905 | &nbsp;&nbsp; 71999633 | 247938928 | 4297780 |  |  |
| Fulton Financial Corp. | 203865997<br>| &nbsp;&nbsp; 1949957 | (13712717)<br>| 210413 | &nbsp;&nbsp; 12592507 | 204906157 | 10600422 | 5856082 |  |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp. <br> PLC<br>| 258782908<br>| &nbsp;&nbsp; 83740713 | (47842932)<br>| 5770602 | &nbsp;&nbsp; 30048957 | 330500248 | 15393584 |  |  |
| Gentherm, Inc. | 51216967<br>| &nbsp;&nbsp; 8769579 | (11456221)<br>| (3209987)<br>| &nbsp;&nbsp; 20817670 | 66138008 | 1818477 |  |  |
| &nbsp;&nbsp;&nbsp; Genworth Financial, Inc., <br> Class A<br>| 187382560<br>| &nbsp;&nbsp; 4522546 | (28187753)<br>| 10852469 | &nbsp;&nbsp; 37316392 | 211886214 | 23464697 |  |  |
| GEO Group, Inc. (The) | 245795315<br>| &nbsp;&nbsp; 27055012 | (34525908)<br>| 11350881 | &nbsp;&nbsp; (118340034)<br>| 131335266 | 8147349 |  |  |
| Getty Realty Corp. | 97597547<br>| &nbsp;&nbsp; 12544886 | (11382018)<br>| 843037 | &nbsp;&nbsp; (12745934)<br>| 86857518 | 3173457 | 4385170 |  |
| Gibraltar Industries, Inc. | 110047744<br>| &nbsp;&nbsp; 14215811 | (21116790)<br>| 2970398 | &nbsp;&nbsp; (19091837)<br>| 87025326 | 1760221 |  |  |
| G-III Apparel Group Ltd. | 65305400<br>| &nbsp;&nbsp; 9587907 | (13984937)<br>| (456346)<br>| &nbsp;&nbsp; 3639497 | 64091521 | 2213105 | 228873 |  |
| Glaukos Corp. | 335566632<br>| &nbsp;&nbsp; 58223071 | (54649860)<br>| 17696618 | &nbsp;&nbsp; 29677390 | 386513851 | 3423203 |  |  |
| GMS, Inc.<sup>(b)</sup> | 176455455<br>| &nbsp;&nbsp; 9556956 | (271008898)<br>| 183752115 | &nbsp;&nbsp; (98755628)<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Goosehead Insurance, <br> Inc., Class A<br>| 178931500<br>| &nbsp;&nbsp; 21525793 | (24684975)<br>| 2119803 | &nbsp;&nbsp; (68578361)<br>| 109313760 | 1484233 |  |  |
| &nbsp;&nbsp;&nbsp; Granite Construction, <br> Inc.<br>| 202510300<br>| &nbsp;&nbsp; 38907419 | (46116265)<br>| 19612390 | &nbsp;&nbsp; 85172411 | 300086255 | 2601528 | 1008121 |  |
| &nbsp;&nbsp;&nbsp; Greenbrier Cos., Inc. <br> (The)<br>| 99311534<br>| &nbsp;&nbsp; 12849835 | (16976066)<br>| 1916983 | &nbsp;&nbsp; (10879466)<br>| 86222820 | 1844733 | 1789376 |  |
| Griffon Corp. | 174828225<br>| &nbsp;&nbsp; 24704718 | (32627284)<br>| 14012326 | &nbsp;&nbsp; (9261414)<br>| 171656571 | 2330707 | 1357340 |  |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding <br> Corp.<br>| 83956610<br>| &nbsp;&nbsp; 11302410 | (13859993)<br>| (1797022)<br>| &nbsp;&nbsp; (20191320)<br>| 59410685 | 5882246 |  |  |
| Group 1 Automotive, Inc. | 306643974<br>| &nbsp;&nbsp; 45104898 | (73151018)<br>| 31894392 | &nbsp;&nbsp; (20530248)<br>| 289961998 | 737254 | 1147134 |  |
| H2O America<sup>(h)</sup> | 102324662<br>| &nbsp;&nbsp; 19388482 | (13370248)<br>| (769656)<br>| &nbsp;&nbsp; (9684459)<br>| 97888781 | 1998138 | 2352372 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| &nbsp;&nbsp;&nbsp; HA Sustainable <br> Infrastructure Capital, <br> Inc.<br>| $215087569<br>| &nbsp;&nbsp; $35588163 | $(29137474)<br>| $3380012 | &nbsp;&nbsp; $11248321 | $236166591 | 7514050 | $12304470 | $— |
| Hanesbrands, Inc.<sup>(b)</sup> | 125979168<br>| &nbsp;&nbsp; 13713464 | (142209413)<br>| 16730902 | &nbsp;&nbsp; (14214121)<br>|  |  |  |  |
| Hanmi Financial Corp. | 42878589<br>| &nbsp;&nbsp; 1605337 | (3829952)<br>| (1136806)<br>| &nbsp;&nbsp; 8807796 | 48324964 | 1787827 | 1459675 |  |
| Harmonic, Inc. | 69401986<br>| &nbsp;&nbsp; 9369854 | (14292086)<br>| 1321412 | &nbsp;&nbsp; 323987 | 66125153 | 6686062 |  |  |
| &nbsp;&nbsp;&nbsp; Hawaiian Electric <br> Industries, Inc.<br>| —<br>| &nbsp;&nbsp; 118031526 | (491954)<br>| 15257 | &nbsp;&nbsp; 8965837 | 126520666 | 10286233 |  |  |
| Hawkins, Inc. | 124731922<br>| &nbsp;&nbsp; 38008740 | (25127828)<br>| 15127472 | &nbsp;&nbsp; 24115302 | 176855608 | 1244936 | 652204 |  |
| Hayward Holdings, Inc.<sup>(c)</sup> | N/A<br>| &nbsp;&nbsp; 69387946 | (22349311)<br>| 341430 | &nbsp;&nbsp; 8439413 | 183701303 | 11890052 |  |  |
| HB Fuller Co. | 189730215<br>| &nbsp;&nbsp; 26339436 | (34823610)<br>| 1250385 | &nbsp;&nbsp; 9170625 | 191667051 | 3223462 | 2283611 |  |
| &nbsp;&nbsp;&nbsp; Healthcare Services <br> Group, Inc.<br>| 46521670<br>| &nbsp;&nbsp; 9783666 | (15887807)<br>| (1691464)<br>| &nbsp;&nbsp; 41534399 | 80260464 | 4197723 |  |  |
| &nbsp;&nbsp;&nbsp; Heidrick & Struggles <br> International, Inc.<sup>(b)</sup><br>| 54043365<br>| &nbsp;&nbsp; 9611473 | (83295564)<br>| 35443455 | &nbsp;&nbsp; (15802729)<br>|  |  | 550914 |  |
| Helen of Troy Ltd.<sup>(b)</sup> | 75586719<br>| &nbsp;&nbsp; 4181964 | (33476471)<br>| (55054570)<br>| &nbsp;&nbsp; 8762358 |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Helix Energy Solutions <br> Group, Inc.<br>| 73458306<br>| &nbsp;&nbsp; 8125296 | (12204194)<br>| (699673)<br>| &nbsp;&nbsp; (17591668)<br>| 51088067 | 8148017 |  |  |
| Helmerich & Payne, Inc. | 160676370<br>| &nbsp;&nbsp; 20017708 | (23285582)<br>| (921254)<br>| &nbsp;&nbsp; 13469061 | 169956303 | 5925952 | 4433278 |  |
| Heritage Financial Corp. | 51183337<br>| &nbsp;&nbsp; 6968353 | (8117571)<br>| (517821)<br>| &nbsp;&nbsp; (1031433)<br>| 48484865 | 2050100 | 1459989 |  |
| &nbsp;&nbsp;&nbsp; Highwoods Properties, <br> Inc.<br>| 197251592<br>| &nbsp;&nbsp; 27328240 | (30765476)<br>| 4298716 | &nbsp;&nbsp; (29018925)<br>| 169094147 | 6548960 | 9611909 |  |
| Hillenbrand, Inc. | 105108650<br>| &nbsp;&nbsp; 17868609 | (20394467)<br>| (4159587)<br>| &nbsp;&nbsp; 34814879 | 133238084 | 4200444 | 2865848 |  |
| HNI Corp. | 131089641<br>| &nbsp;&nbsp; 75203506 | (29611733)<br>| 2917941 | &nbsp;&nbsp; (7080984)<br>| 172518371 | 4103672 | 2829654 |  |
| Hope Bancorp, Inc. | 78248843<br>| &nbsp;&nbsp; 15050426 | (13300123)<br>| (457654)<br>| &nbsp;&nbsp; 4164905 | 83706397 | 7637445 | 3188883 |  |
| &nbsp;&nbsp;&nbsp; Horace Mann Educators <br> Corp.<br>| 107787451<br>| &nbsp;&nbsp; 10139450 | (14063044)<br>| 1693144 | &nbsp;&nbsp; 6679425 | 112236426 | 2430412 | 2568136 |  |
| Hub Group, Inc., Class A | 139615389<br>| &nbsp;&nbsp; 18658064 | (23576429)<br>| 5481231 | &nbsp;&nbsp; 13647680 | 153825935 | 3610090 | 1357252 |  |
| IAC, Inc. | 201184399<br>| &nbsp;&nbsp; 22672543 | (83045022)<br>| (5338393)<br>| &nbsp;&nbsp; 16437988 | 151911515 | 3885205 |  |  |
| Ichor Holdings Ltd. | 47332249<br>| &nbsp;&nbsp; 5568480 | (5795853)<br>| (987283)<br>| &nbsp;&nbsp; (7598875)<br>| 38518718 | 2090001 |  |  |
| ICU Medical, Inc. | 210232096<br>| &nbsp;&nbsp; 28955623 | (34311649)<br>| 5207323 | &nbsp;&nbsp; (13660)<br>| 210069733 | 1472417 |  |  |
| Impinj, Inc. | 129636966<br>| &nbsp;&nbsp; 60679375 | (27729402)<br>| (3825899)<br>| &nbsp;&nbsp; 119145285 | 277906325 | 1597071 |  |  |
| Independent Bank Corp. | 164763486<br>| &nbsp;&nbsp; 46626552 | (24291115)<br>| 2730660 | &nbsp;&nbsp; 26397329 | 216226912 | 2958770 | 4942383 |  |
| Indivior PLC | —<br>| &nbsp;&nbsp; 263061037 | (1005492)<br>| 14094 | &nbsp;&nbsp; 4917675 | 266987314 | 7441118 |  |  |
| Ingevity Corp. | 88975714<br>| &nbsp;&nbsp; 15434168 | (20004153)<br>| 316365 | &nbsp;&nbsp; 42104138 | 126826232 | 2143059 |  |  |
| Innospec, Inc. | 146607907<br>| &nbsp;&nbsp; 17302204 | (23424063)<br>| 371574 | &nbsp;&nbsp; (27849067)<br>| 113008555 | 1476464 | 2528895 |  |
| &nbsp;&nbsp;&nbsp; Innovative Industrial <br> Properties, Inc.<br>| 94753942<br>| &nbsp;&nbsp; 12539614 | (17170467)<br>| (14743568)<br>| &nbsp;&nbsp; 3695719 | 79075240 | 1669663 | 9444946 |  |
| Innoviva, Inc. | 61749457<br>| &nbsp;&nbsp; 27745427 | (11058081)<br>| 3421884 | &nbsp;&nbsp; 2739173 | 84597860 | 4232009 |  |  |
| Insight Enterprises, Inc. | 253473651<br>| &nbsp;&nbsp; 52214995 | (34235500)<br>| 11367682 | &nbsp;&nbsp; (132414173)<br>| 150406655 | 1846160 |  |  |
| Insperity, Inc. | —<br>| &nbsp;&nbsp; 82756827 | (352667)<br>| 524 | &nbsp;&nbsp; 226971 | 82631655 | 2134082 |  |  |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems, <br> Inc.<br>| 292223052<br>| &nbsp;&nbsp; 25992662 | (50033054)<br>| (37984169)<br>| &nbsp;&nbsp; (84874355)<br>| 145324136 | 1575671 |  |  |
| &nbsp;&nbsp;&nbsp; Installed Building <br> Products, Inc.<sup>(g)</sup><br>| 246207644<br>| &nbsp;&nbsp; 44561145 | (59944597)<br>| 24173877 | &nbsp;&nbsp; (125449980)<br>| N/A | N/A | 1523122 |  |
| Insteel Industries, Inc. | 31628117<br>| &nbsp;&nbsp; 5760340 | (7106298)<br>| 508276 | &nbsp;&nbsp; 5838929 | 36629364 | 1156595 | 1281026 |  |
| Integer Holdings Corp. | 244765485<br>| &nbsp;&nbsp; 37373909 | (36840132)<br>| 7809238 | &nbsp;&nbsp; (89344307)<br>| 163764193 | 2088030 |  |  |
| &nbsp;&nbsp;&nbsp; Integra <br> LifeSciences Holdings <br> Corp.<br>| 90225014<br>| &nbsp;&nbsp; 7779832 | (9769231)<br>| (3592863)<br>| &nbsp;&nbsp; (35082816)<br>| 49559936 | 3990333 |  |  |
| InterDigital, Inc. | 328370067<br>| &nbsp;&nbsp; 68841506 | (80444526)<br>| 34242092 | &nbsp;&nbsp; 137538922 | 488548061 | 1534481 | 2928768 |  |
| Interface, Inc., Class A | 71517387<br>| &nbsp;&nbsp; 12489912 | (15246796)<br>| 4632885 | &nbsp;&nbsp; 23745485 | 97138873 | 3479186 | 174026 |  |
| &nbsp;&nbsp;&nbsp; International Seaways, <br> Inc.<sup>(g)</sup><br>| 82801165<br>| &nbsp;&nbsp; 16867781 | (19275650)<br>| 1539853 | &nbsp;&nbsp; 6470050 | N/A | N/A | 5397660 |  |
| &nbsp;&nbsp;&nbsp; Iridium Communications, <br> Inc.<br>| —<br>| &nbsp;&nbsp; 106817052 | (444745)<br>| 5652 | &nbsp;&nbsp; 2096791 | 108474750 | 6241355 |  |  |
| Itron, Inc. | 292094870<br>| &nbsp;&nbsp; 46889868 | (53600126)<br>| 14965085 | &nbsp;&nbsp; (46872727)<br>| 253476970 | 2729668 |  |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| Jack in the Box, Inc.<sup>(b)</sup> | $31697857<br>| &nbsp;&nbsp; $1771304 | $(24022897)<br>| $(78523368)<br>| &nbsp;&nbsp; $69077104 | $— |  | $— | $— |
| JBG SMITH Properties | 84142224<br>| &nbsp;&nbsp; 3478229 | (36328970)<br>| 8807920 | &nbsp;&nbsp; 36271 | 60135674 | 3535313 | 2820197 |  |
| JBT Marel Corp. | 348897497<br>| &nbsp;&nbsp; 93938540 | (57952689)<br>| 10624575 | &nbsp;&nbsp; 71207318 | 466715241 | 3097599 | 864833 |  |
| JetBlue Airways Corp.<sup>(g)</sup> | 90722107<br>| &nbsp;&nbsp; 12858614 | (20017300)<br>| (1158842)<br>| &nbsp;&nbsp; 3642674 | N/A | N/A |  |  |
| &nbsp;&nbsp;&nbsp; John B Sanfilippo & Son, <br> Inc.<br>| 39608898<br>| &nbsp;&nbsp; 5880173 | (7293370)<br>| (608941)<br>| &nbsp;&nbsp; 460074 | 38046834 | 538907 | 1370662 |  |
| &nbsp;&nbsp;&nbsp; John Wiley & Sons, Inc., <br> Class A<br>| 112974305<br>| &nbsp;&nbsp; 13077636 | (17027429)<br>| 1071679 | &nbsp;&nbsp; (35496213)<br>| 74599978 | 2435520 | 3477846 |  |
| Kadant, Inc. | 244690321<br>| &nbsp;&nbsp; 30587893 | (38202320)<br>| (3499757)<br>| &nbsp;&nbsp; (33028654)<br>| 200547483 | 703626 | 718585 |  |
| Kaiser Aluminum Corp. | 59741677<br>| &nbsp;&nbsp; 12485671 | (13958280)<br>| 275045 | &nbsp;&nbsp; 51338314 | 109882427 | 956664 | 2208643 |  |
| Kennametal, Inc. | 101880903<br>| &nbsp;&nbsp; 15938955 | (20439080)<br>| (1096772)<br>| &nbsp;&nbsp; 32536821 | 128820827 | 4534348 | 2731688 |  |
| &nbsp;&nbsp;&nbsp; Kennedy-Wilson <br> Holdings, Inc.<br>| 63418224<br>| &nbsp;&nbsp; 8513858 | (9423004)<br>| (1752103)<br>| &nbsp;&nbsp; 8359814 | 69116789 | 7147548 | 2553834 |  |
| &nbsp;&nbsp;&nbsp; KKR Real Estate Finance <br> Trust, Inc.<sup>(g)</sup><br>| 38540718<br>| &nbsp;&nbsp; 4871990 | (7996123)<br>| (4040564)<br>| &nbsp;&nbsp; 23002562 | N/A | N/A | 2460140 |  |
| Knowles Corp. | 82384380<br>| &nbsp;&nbsp; 15107460 | (21288390)<br>| 3835547 | &nbsp;&nbsp; 28695259 | 108734256 | 5073927 |  |  |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services, <br> Inc.<br>| —<br>| &nbsp;&nbsp; 174866490 | (13170803)<br>| 630477 | &nbsp;&nbsp; 22919701 | 185245865 | 4953098 | 1887209 |  |
| Kohl's Corp. | 56297631<br>| &nbsp;&nbsp; 15866494 | (16550432)<br>| (3031626)<br>| &nbsp;&nbsp; 83730302 | 136312369 | 6678705 | 2496788 |  |
| Kontoor Brands, Inc. | 196793807<br>| &nbsp;&nbsp; 31056579 | (31037242)<br>| 8679565 | &nbsp;&nbsp; (19285196)<br>| 186207513 | 3048085 | 4713249 |  |
| Koppers Holdings, Inc. | 35088088<br>| &nbsp;&nbsp; 4828412 | (6391139)<br>| (537368)<br>| &nbsp;&nbsp; (602723)<br>| 32385270 | 1195911 | 287190 |  |
| Korn Ferry | 216354570<br>| &nbsp;&nbsp; 29131740 | (32345659)<br>| 11912536 | &nbsp;&nbsp; (17963896)<br>| 207089291 | 3136766 | 4471866 |  |
| &nbsp;&nbsp;&nbsp; Kratos Defense & <br> Security Solutions, <br> Inc.<sup>(b)</sup><br>| 280610374<br>| &nbsp;&nbsp; 62575325 | (838834078)<br>| 484982626 | &nbsp;&nbsp; 10665753 |  |  |  |  |
| Krystal Biotech, Inc. | 282183022<br>| &nbsp;&nbsp; 38932352 | (41032482)<br>| 276135 | &nbsp;&nbsp; 98870527 | 379229554 | 1538207 |  |  |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa <br> Industries, Inc.<br>| 108858768<br>| &nbsp;&nbsp; 16423001 | (22806540)<br>| 4561799 | &nbsp;&nbsp; 34539260 | 141576288 | 3107469 | 1940916 |  |
| Lakeland Financial Corp. | 93845120<br>| &nbsp;&nbsp; 13099218 | (16472891)<br>| (831582)<br>| &nbsp;&nbsp; (2847896)<br>| 86791969 | 1521065 | 2286720 |  |
| La-Z-Boy, Inc. | 100255882<br>| &nbsp;&nbsp; 13438396 | (17480985)<br>| 2733561 | &nbsp;&nbsp; (7440618)<br>| 91506236 | 2455225 | 1687081 |  |
| LCI Industries | 137648306<br>| &nbsp;&nbsp; 22150634 | (33782709)<br>| (2398550)<br>| &nbsp;&nbsp; 51362729 | 174980410 | 1442067 | 5151310 |  |
| Leggett & Platt, Inc. | 65727473<br>| &nbsp;&nbsp; 11295506 | (13177568)<br>| (1613551)<br>| &nbsp;&nbsp; 26532816 | 88764676 | 8069516 | 1210544 |  |
| LeMaitre Vascular, Inc. | 106139037<br>| &nbsp;&nbsp; 14562387 | (16360895)<br>| 7303378 | &nbsp;&nbsp; (10786649)<br>| 100857258 | 1243616 | 735002 |  |
| LGI Homes, Inc. | 85036799<br>| &nbsp;&nbsp; 9158816 | (13232084)<br>| (4576830)<br>| &nbsp;&nbsp; (24413177)<br>| 51973524 | 1209812 |  |  |
| &nbsp;&nbsp;&nbsp; Liberty Energy, Inc., <br> Class A<br>| 158672116<br>| &nbsp;&nbsp; 20342787 | (23476140)<br>| (4375420)<br>| &nbsp;&nbsp; 27017118 | 178180461 | 9652246 | 2420567 |  |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals, <br> Inc.<br>| 122836744<br>| &nbsp;&nbsp; 29482525 | (25228544)<br>| 8161860 | &nbsp;&nbsp; 87497021 | 222749606 | 1178133 |  |  |
| Lincoln National Corp.<sup>(g)</sup> | 306924709<br>| &nbsp;&nbsp; — |  |  | &nbsp;&nbsp; (83166926)<br>| N/A | N/A | 11538523 |  |
| Lindsay Corp. | 85006637<br>| &nbsp;&nbsp; 13378517 | (17267486)<br>| 2873166 | &nbsp;&nbsp; (8119565)<br>| 75871269 | 643686 | 710676 |  |
| LiveRamp Holdings, Inc. | 106286364<br>| &nbsp;&nbsp; 17015013 | (24731041)<br>| 663274 | &nbsp;&nbsp; 12157255 | 111390865 | 3792675 |  |  |
| LKQ Corp. | —<br>| &nbsp;&nbsp; 455476008 | (1689391)<br>| 16881 | &nbsp;&nbsp; 6931145 | 460734643 | 15256114 |  |  |
| LTC Properties, Inc. | 99204485<br>| &nbsp;&nbsp; 16913990 | (15537504)<br>| (357433)<br>| &nbsp;&nbsp; (2686412)<br>| 97537126 | 2837031 | 4662421 |  |
| LXP Industrial Trust | 158967702<br>| &nbsp;&nbsp; 24804408 | (30594349)<br>| (1889430)<br>| &nbsp;&nbsp; 23507446 | 174795777 | 3525530 | 7173672 |  |
| M/I Homes, Inc. | 192075994<br>| &nbsp;&nbsp; 29423059 | (43071228)<br>| 17415700 | &nbsp;&nbsp; 4506471 | 200349996 | 1565846 |  |  |
| Macerich Co. (The) | 263869144<br>| &nbsp;&nbsp; 38344668 | (39046513)<br>| 6882972 | &nbsp;&nbsp; 11729741 | 281780012 | 15264356 | 7660156 |  |
| &nbsp;&nbsp;&nbsp; Madison Square Garden <br> Sports Corp., Class A<br>| 201712590<br>| &nbsp;&nbsp; 42455677 | (33704223)<br>| 24995 | &nbsp;&nbsp; 66487348 | 276976387 | 1070854 |  |  |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas <br> Corp., Class A<br>| 298398224<br>| &nbsp;&nbsp; 34835753 | (55083837)<br>| (2688185)<br>| &nbsp;&nbsp; (36521835)<br>| 238940120 | 10915492 | 5027634 |  |
| ManpowerGroup, Inc. | —<br>| &nbsp;&nbsp; 108482495 | (5935845)<br>| (581028)<br>| &nbsp;&nbsp; (19959133)<br>| 82006489 | 2758375 | 2009183 |  |
| MARA Holdings, Inc. | 241342346<br>| &nbsp;&nbsp; 68819002 | (45031507)<br>| 985885 | &nbsp;&nbsp; (63269451)<br>| 202846275 | 22588672 |  |  |
| MarineMax, Inc. | 27172839<br>| &nbsp;&nbsp; 4123933 | (6376890)<br>| (611454)<br>| &nbsp;&nbsp; 3763287 | 28071715 | 1158552 |  |  |
| &nbsp;&nbsp;&nbsp; MarketAxess Holdings, <br> Inc.<br>| —<br>| &nbsp;&nbsp; 343774313 |  |  | &nbsp;&nbsp; 23144381 | 366918694 | 2024379 | 1454358 |  |
| Masterbrand, Inc. | 102635889<br>| &nbsp;&nbsp; 12916041 | (16582862)<br>| 1284480 | &nbsp;&nbsp; (16861959)<br>| 83391589 | 7553586 |  |  |
| Materion Corp. | 104697125<br>| &nbsp;&nbsp; 17611714 | (21667127)<br>| 6992792 | &nbsp;&nbsp; 45967332 | 153601836 | 1235536 | 517240 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| Matson, Inc. | $263210553<br>| &nbsp;&nbsp; $30889911 | $(52595162)<br>| $17741056 | &nbsp;&nbsp; $(29658582)<br>| $229587776 | 1858258 | $2054362 | $— |
| &nbsp;&nbsp;&nbsp; Matthews International <br> Corp., Class A<br>| 42851965<br>| &nbsp;&nbsp; 7200830 | (9152635)<br>| (2868758)<br>| &nbsp;&nbsp; 9877562 | 47908964 | 1834187 | 1403690 |  |
| MaxLinear, Inc. | 51711443<br>| &nbsp;&nbsp; 13476404 | (10724033)<br>| (2787655)<br>| &nbsp;&nbsp; 33615402 | 85291561 | 4893377 |  |  |
| &nbsp;&nbsp;&nbsp; MDU Resources Group, <br> Inc.<br>| 213192724<br>| &nbsp;&nbsp; 31822077 | (37598306)<br>| 2933889 | &nbsp;&nbsp; 27356388 | 237706772 | 12177601 | 5011224 |  |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust, <br> Inc.<sup>(g)</sup><br>| 223870178<br>| &nbsp;&nbsp; 24538760 | (62508320)<br>| 8002745 | &nbsp;&nbsp; (72510032)<br>| N/A | N/A | 8410612 |  |
| Mercury Systems, Inc. | 135161136<br>| &nbsp;&nbsp; 35053358 | (30018309)<br>| 7080502 | &nbsp;&nbsp; 83806680 | 231083367 | 3165092 |  |  |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems, <br> Inc.<br>| 380961926<br>| &nbsp;&nbsp; 47991135 | (54248188)<br>| 18038764 | &nbsp;&nbsp; (81285699)<br>| 311457938 | 3533673 |  |  |
| Meritage Homes Corp. | 317151497<br>| &nbsp;&nbsp; 43008478 | (61548816)<br>| 21054120 | &nbsp;&nbsp; (43555714)<br>| 276109565 | 4196194 | 5530431 |  |
| &nbsp;&nbsp;&nbsp; Mesa Laboratories, <br> Inc.<sup>(b)</sup><br>| 40583025<br>| &nbsp;&nbsp; 2347417 | (28070250)<br>| (51309909)<br>| &nbsp;&nbsp; 36449717 |  |  | 104145 |  |
| Metallus, Inc. | 30887919<br>| &nbsp;&nbsp; 5503000 | (8030326)<br>| 295455 | &nbsp;&nbsp; 7957060 | 36613108 | 2133631 |  |  |
| MGE Energy, Inc. | 208130654<br>| &nbsp;&nbsp; 27118238 | (32622940)<br>| 2126655 | &nbsp;&nbsp; (33977138)<br>| 170775469 | 2177703 | 3036949 |  |
| Middlesex Water Co. | 71031389<br>| &nbsp;&nbsp; 8246162 | (9370737)<br>| (1008971)<br>| &nbsp;&nbsp; (13821153)<br>| 55076690 | 1092358 | 1113512 |  |
| MillerKnoll, Inc. | 80655692<br>| &nbsp;&nbsp; 10079481 | (12680769)<br>| (4354)<br>| &nbsp;&nbsp; (3432461)<br>| 74617589 | 4081925 | 2296121 |  |
| &nbsp;&nbsp;&nbsp; Millrose Properties, Inc., <br> Class A<sup>(c)</sup><br>| N/A<br>| &nbsp;&nbsp; 97063782 | (40060497)<br>| 2869386 | &nbsp;&nbsp; 17030469 | 274480896 | 9189183 | 12876231 |  |
| &nbsp;&nbsp;&nbsp; Minerals Technologies, <br> Inc.<br>| 125344910<br>| &nbsp;&nbsp; 14564101 | (21362370)<br>| 227543 | &nbsp;&nbsp; (5699805)<br>| 113074379 | 1855199 | 638595 |  |
| &nbsp;&nbsp;&nbsp; Mirion Technologies, Inc., <br> Class A<br>| —<br>| &nbsp;&nbsp; 358031964 | (19382492)<br>| 938367 | &nbsp;&nbsp; 6333266 | 345921105 | 14770329 |  |  |
| Monro, Inc. | 27331500<br>| &nbsp;&nbsp; 3521049 | (4908100)<br>| (5405059)<br>| &nbsp;&nbsp; 15183734 | 35723124 | 1782591 | 1491785 |  |
| Moog, Inc., Class A | 303897458<br>| &nbsp;&nbsp; 46453803 | (55389571)<br>| 22597365 | &nbsp;&nbsp; 95047037 | 412606092 | 1694133 | 1477720 |  |
| Mr. Cooper Group, Inc.<sup>(b)</sup> | 470772151<br>| &nbsp;&nbsp; — | (116552999)<br>| 31026767 | &nbsp;&nbsp; (385245919)<br>|  |  | 7417344 |  |
| &nbsp;&nbsp;&nbsp; Mueller Water Products, <br> Inc., Class A<br>| 246157442<br>| &nbsp;&nbsp; 33140185 | (41709916)<br>| (1710833)<br>| &nbsp;&nbsp; (13467990)<br>| 222408888 | 9337065 | 1898963 |  |
| MYR Group, Inc. | 112734671<br>| &nbsp;&nbsp; 26550313 | (36648465)<br>| 16709050 | &nbsp;&nbsp; 82794462 | 202140031 | 925126 |  |  |
| Myriad Genetics, Inc. | 49923464<br>| &nbsp;&nbsp; 5452022 | (5527583)<br>| (4003701)<br>| &nbsp;&nbsp; (11219518)<br>| 34624684 | 5630030 |  |  |
| &nbsp;&nbsp;&nbsp; National Bank Holdings <br> Corp., Class A<br>| 90132471<br>| &nbsp;&nbsp; 5078234 | (8611726)<br>| (140235)<br>| &nbsp;&nbsp; (584119)<br>| 85874625 | 2259264 | 2080534 |  |
| &nbsp;&nbsp;&nbsp; National Vision Holdings, <br> Inc.<br>| 62223366<br>| &nbsp;&nbsp; 17669413 | (19276972)<br>| 2174409 | &nbsp;&nbsp; 59236834 | 122027050 | 4726067 |  |  |
| NBT Bancorp, Inc. | 125248738<br>| &nbsp;&nbsp; 29936678 | (21095293)<br>| 6040787 | &nbsp;&nbsp; (10692352)<br>| 129438558 | 3117499 | 3363670 |  |
| NCR Atleos Corp. | 118236242<br>| &nbsp;&nbsp; 21676109 | (23332721)<br>| 5286377 | &nbsp;&nbsp; 45979389 | 167845396 | 4404235 |  |  |
| NCR Voyix Corp. | 87992755<br>| &nbsp;&nbsp; 13953934 | (22703182)<br>| (6577560)<br>| &nbsp;&nbsp; 11502413 | 84168360 | 8251800 |  |  |
| Neogen Corp. | 105829393<br>| &nbsp;&nbsp; 15993297 | (11928101)<br>| (1830242)<br>| &nbsp;&nbsp; (17562517)<br>| 90501830 | 12947329 |  |  |
| NeoGenomics, Inc. | 75313617<br>| &nbsp;&nbsp; 11469092 | (12688762)<br>| (7948051)<br>| &nbsp;&nbsp; 24514543 | 90660439 | 7709221 |  |  |
| NetScout Systems, Inc. | 93211285<br>| &nbsp;&nbsp; 14647361 | (22791354)<br>| (1902150)<br>| &nbsp;&nbsp; 27421664 | 110586806 | 4086726 |  |  |
| Newell Brands, Inc. | 159954395<br>| &nbsp;&nbsp; 17201722 | (22295890)<br>| (7980114)<br>| &nbsp;&nbsp; (53965186)<br>| 92914927 | 24977131 | 5235343 |  |
| &nbsp;&nbsp;&nbsp; NexPoint Residential <br> Trust, Inc.<br>| 54015808<br>| &nbsp;&nbsp; 6582506 | (8050960)<br>| (942359)<br>| &nbsp;&nbsp; (11660158)<br>| 39944837 | 1327071 | 2037873 |  |
| &nbsp;&nbsp;&nbsp; NMI Holdings, Inc., <br> Class A<br>| 175302714<br>| &nbsp;&nbsp; 23878359 | (34637180)<br>| 10460076 | &nbsp;&nbsp; 11853960 | 186857929 | 4580974 |  |  |
| Northern Oil & Gas, Inc. | 185630731<br>| &nbsp;&nbsp; 19253885 | (28527459)<br>| (7290837)<br>| &nbsp;&nbsp; (44787547)<br>| 124278773 | 5788485 | 7775267 |  |
| &nbsp;&nbsp;&nbsp; Northwest Bancshares, <br> Inc.<br>| 94855914<br>| &nbsp;&nbsp; 24023794 | (13636914)<br>| 508142 | &nbsp;&nbsp; (1284852)<br>| 104466084 | 8705507 | 5007569 |  |
| &nbsp;&nbsp;&nbsp; Northwest Natural <br> Holding Co.<br>| 106002289<br>| &nbsp;&nbsp; 14327808 | (13801592)<br>| 446198 | &nbsp;&nbsp; 8975365 | 115950068 | 2480746 | 3546040 |  |
| &nbsp;&nbsp;&nbsp; Oceaneering <br> International, Inc.<br>| 136285565<br>| &nbsp;&nbsp; 18798152 | (24576681)<br>| 4672769 | &nbsp;&nbsp; 7695342 | 142875147 | 5945699 |  |  |
| ODP Corp. (The)<sup>(b)</sup> | 27344993<br>| &nbsp;&nbsp; — | (26968979)<br>| (21003816)<br>| &nbsp;&nbsp; 20627802 |  |  |  |  |
| OFG Bancorp | 113682413<br>| &nbsp;&nbsp; 8328522 | (17087570)<br>| 6538266 | &nbsp;&nbsp; (3858273)<br>| 107603358 | 2625753 | 2366986 |  |
| O-I Glass, Inc. | 109265158<br>| &nbsp;&nbsp; 19227648 | (23641958)<br>| (417122)<br>| &nbsp;&nbsp; 30661927 | 135095653 | 9152822 |  |  |
| Omnicell, Inc. | 100116176<br>| &nbsp;&nbsp; 14228546 | (21031662)<br>| (4691817)<br>| &nbsp;&nbsp; 32518431 | 121139674 | 2674165 |  |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| OPENLANE, Inc. | $127372664<br>| &nbsp;&nbsp; $23730756 | $(30505344)<br>| $7661949 | &nbsp;&nbsp; $60329627 | $188589652 | 6332762 | $— | $— |
| Organon & Co. | 237126690<br>| &nbsp;&nbsp; 20326990 | (25624590)<br>| (8281539)<br>| &nbsp;&nbsp; (112474299)<br>| 111073252 | 15491388 | 926867 |  |
| OSI Systems, Inc. | 187742546<br>| &nbsp;&nbsp; 33409648 | (34078885)<br>| 16296836 | &nbsp;&nbsp; 39998160 | 243368305 | 954161 |  |  |
| Otter Tail Corp. | 207872022<br>| &nbsp;&nbsp; 28452984 | (34206401)<br>| 2003917 | &nbsp;&nbsp; (1365626)<br>| 202756896 | 2509057 | 3925863 |  |
| Outfront Media, Inc. | 137489462<br>| &nbsp;&nbsp; 29657118 | (24481316)<br>| 1292492 | &nbsp;&nbsp; 65828454 | 209786210 | 8704822 | 7581136 |  |
| Owens & Minor, Inc.<sup>(b)</sup> | 41262007<br>| &nbsp;&nbsp; 2378140 | (26685669)<br>| (62737060)<br>| &nbsp;&nbsp; 45782582 |  |  |  |  |
| Oxford Industries, Inc. | 53535612<br>| &nbsp;&nbsp; 4768622 | (7669303)<br>| (3552224)<br>| &nbsp;&nbsp; (17961031)<br>| 29121676 | 851511 | 1776014 |  |
| &nbsp;&nbsp;&nbsp; Pacific Premier Bancorp, <br> Inc.<sup>(b)</sup><br>| 127255306<br>| &nbsp;&nbsp; 3449024 | (148688596)<br>| (45373158)<br>| &nbsp;&nbsp; 63357424 |  |  | 3857717 |  |
| Pacira BioSciences, Inc. | 70939494<br>| &nbsp;&nbsp; 10515026 | (18282608)<br>| (8429310)<br>| &nbsp;&nbsp; 11585354 | 66327956 | 2562904 |  |  |
| Palomar Holdings, Inc. | 224869185<br>| &nbsp;&nbsp; 31027991 | (39224901)<br>| 11438943 | &nbsp;&nbsp; (14661620)<br>| 213449598 | 1583924 |  |  |
| &nbsp;&nbsp;&nbsp; Papa John's <br> International, Inc.<br>| 82907615<br>| &nbsp;&nbsp; 12738664 | (15361226)<br>| (4412256)<br>| &nbsp;&nbsp; (682351)<br>| 75190446 | 1953506 | 2683615 |  |
| Park National Corp. | 136145542<br>| &nbsp;&nbsp; 17887157 | (25378285)<br>| 7273571 | &nbsp;&nbsp; (6160599)<br>| 129767386 | 852723 | 3812658 |  |
| Pathward Financial, Inc. | 107662236<br>| &nbsp;&nbsp; 4307539 | (12735161)<br>| 6666669 | &nbsp;&nbsp; (9178906)<br>| 96722377 | 1362287 | 211076 |  |
| Patrick Industries, Inc. | 175927756<br>| &nbsp;&nbsp; 29059854 | (37272641)<br>| 14607339 | &nbsp;&nbsp; 32791102 | 215113410 | 1983892 | 2533404 |  |
| Patterson Cos., Inc.<sup>(b)</sup> | 152320336<br>| &nbsp;&nbsp; — | (152849619)<br>| 13128079 | &nbsp;&nbsp; (12598796)<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy, <br> Inc.<br>| 178718944<br>| &nbsp;&nbsp; 17808587 | (24346310)<br>| (3376202)<br>| &nbsp;&nbsp; (43155985)<br>| 125649034 | 20564490 | 5048035 |  |
| Peabody Energy Corp. | 101792139<br>| &nbsp;&nbsp; 22273404 | (23870830)<br>| (2253581)<br>| &nbsp;&nbsp; 118333466 | 216274598 | 7281973 | 1627643 |  |
| Pebblebrook Hotel Trust | 74963702<br>| &nbsp;&nbsp; 12160334 | (18718540)<br>| (2420107)<br>| &nbsp;&nbsp; 10625903 | 76611292 | 6767782 | 207849 |  |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group, <br> Inc.<br>| 75720712<br>| &nbsp;&nbsp; 13265739 | (15536505)<br>| 1215713 | &nbsp;&nbsp; 32627843 | 107293502 | 5016059 |  |  |
| Penguin Solutions, Inc. | 57230033<br>| &nbsp;&nbsp; 10816134 | (21321717)<br>| 2786054 | &nbsp;&nbsp; 6834423 | 56344927 | 2880620 |  |  |
| Penn Entertainment, Inc. | 151755237<br>| &nbsp;&nbsp; 21270907 | (48593355)<br>| (7894410)<br>| &nbsp;&nbsp; (4261895)<br>| 112276484 | 7611965 |  |  |
| &nbsp;&nbsp;&nbsp; PennyMac Mortgage <br> Investment Trust<br>| 78674763<br>| &nbsp;&nbsp; 11191034 | (13478735)<br>| (1238636)<br>| &nbsp;&nbsp; (10091033)<br>| 65057393 | 5183856 | 8300226 |  |
| &nbsp;&nbsp;&nbsp; Perdoceo Education <br> Corp.<br>| 96266942<br>| &nbsp;&nbsp; 8901441 | (15795536)<br>| 6907022 | &nbsp;&nbsp; 9656483 | 105936352 | 3611877 | 1584430 |  |
| Perrigo Co. PLC | —<br>| &nbsp;&nbsp; 108997004 | (457285)<br>| 10345 | &nbsp;&nbsp; 5601188 | 114151252 | 8200521 |  |  |
| &nbsp;&nbsp;&nbsp; Phibro Animal Health <br> Corp., Class A<br>| 27397404<br>| &nbsp;&nbsp; 6086710 | (7151846)<br>| 1712433 | &nbsp;&nbsp; 17462917 | 45507618 | 1218084 | 437798 |  |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co., <br> Inc.<br>| 282451246<br>| &nbsp;&nbsp; 35058730 | (43603183)<br>| 753705 | &nbsp;&nbsp; (7973000)<br>| 266687498 | 7497540 | 7072238 |  |
| Phinia, Inc. | 107074905<br>| &nbsp;&nbsp; 17185809 | (28652147)<br>| 5336663 | &nbsp;&nbsp; 42667655 | 143612885 | 2290842 | 1916178 |  |
| Photronics, Inc. | 81292652<br>| &nbsp;&nbsp; 12835143 | (22858392)<br>| 6633736 | &nbsp;&nbsp; 34608189 | 112511328 | 3515979 |  |  |
| Piper Sandler Cos. | 246562866<br>| &nbsp;&nbsp; 48248961 | (47837792)<br>| 23702150 | &nbsp;&nbsp; 66152395 | 336828580 | 991518 | 1997480 |  |
| &nbsp;&nbsp;&nbsp; PJT Partners, Inc., <br> Class A<br>| 202081340<br>| &nbsp;&nbsp; 41741995 | (44264543)<br>| 10585324 | &nbsp;&nbsp; 32070666 | 242214782 | 1448653 | 1082873 |  |
| Plexus Corp. | 214237588<br>| &nbsp;&nbsp; 31479612 | (39145831)<br>| 14193141 | &nbsp;&nbsp; 15665439 | 236429949 | 1608367 |  |  |
| Power Integrations, Inc. | —<br>| &nbsp;&nbsp; 121121292 | (490434)<br>| (189)<br>| &nbsp;&nbsp; (3442459)<br>| 117188210 | 3297361 |  |  |
| PRA Group, Inc. | 50263642<br>| &nbsp;&nbsp; 5605742 | (7576397)<br>| (3740135)<br>| &nbsp;&nbsp; (3440248)<br>| 41112604 | 2324059 |  |  |
| Premier, Inc.<sup>(b)</sup> | 108845221<br>| &nbsp;&nbsp; 11559544 | (165967401)<br>| 30774457 | &nbsp;&nbsp; 14788179 |  |  | 2180513 |  |
| &nbsp;&nbsp;&nbsp; Prestige Consumer <br> Healthcare, Inc.<br>| 263347860<br>| &nbsp;&nbsp; 27593983 | (42517895)<br>| 9183523 | &nbsp;&nbsp; (80832308)<br>| 176775163 | 2865540 |  |  |
| PriceSmart, Inc.<sup>(g)</sup> | 134777274<br>| &nbsp;&nbsp; 22704577 | (24523224)<br>| 5633679 | &nbsp;&nbsp; (20059588)<br>| N/A | N/A | 931039 |  |
| Primoris Services Corp. | —<br>| &nbsp;&nbsp; 404691950 | (1505123)<br>| 14350 | &nbsp;&nbsp; (3421093)<br>| 399780084 | 3220397 | 257705 |  |
| Privia Health Group, Inc. | 143812275<br>| &nbsp;&nbsp; 33535191 | (22440255)<br>| (78983)<br>| &nbsp;&nbsp; 8540003 | 163368231 | 6890267 |  |  |
| ProAssurance Corp. | 73927501<br>| &nbsp;&nbsp; 8850169 | (11166104)<br>| (4135858)<br>| &nbsp;&nbsp; 6528039 | 74003747 | 3063069 |  |  |
| PROG Holdings, Inc. | 68320610<br>| &nbsp;&nbsp; 10510063 | (17049542)<br>| 894257 | &nbsp;&nbsp; 6801725 | 69477113 | 2355955 | 937031 |  |
| Progress Software Corp. | 138211477<br>| &nbsp;&nbsp; 17172196 | (24659826)<br>| 3073653 | &nbsp;&nbsp; (23958575)<br>| 109838925 | 2556772 |  |  |
| Progyny, Inc. | 102327946<br>| &nbsp;&nbsp; 20796645 | (16151060)<br>| 3053367 | &nbsp;&nbsp; 12663334 | 122690232 | 4777657 |  |  |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics, <br> Inc.<br>| 178218255<br>| &nbsp;&nbsp; 43251577 | (51241622)<br>| 11801731 | &nbsp;&nbsp; 123867841 | 305897782 | 3502379 |  |  |
| Proto Labs, Inc. | 53098179<br>| &nbsp;&nbsp; 8940659 | (12908113)<br>| (4924600)<br>| &nbsp;&nbsp; 27161896 | 71368021 | 1410714 |  |  |
| &nbsp;&nbsp;&nbsp; Provident Financial <br> Services, Inc.<br>| 117685515<br>| &nbsp;&nbsp; 12353070 |  |  | &nbsp;&nbsp; 18245323 | 148283908 | 7508046 | 5211611 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| PTC Therapeutics, Inc. | $—<br>| &nbsp;&nbsp; $418897665 | $(6936752)<br>| $(130503)<br>| &nbsp;&nbsp; $(48344719)<br>| $363485691 | 4785225 | $— | $— |
| Q2 Holdings, Inc. | —<br>| &nbsp;&nbsp; 305470583 | (14782170)<br>| (58673)<br>| &nbsp;&nbsp; (21708831)<br>| 268920909 | 3726731 |  |  |
| Qorvo, Inc. | 418203014<br>| &nbsp;&nbsp; 61915760 | (126931591)<br>| 14793567 | &nbsp;&nbsp; 55532326 | 423513076 | 5011396 |  |  |
| &nbsp;&nbsp;&nbsp; Quanex Building <br> Products Corp.<br>| 54259432<br>| &nbsp;&nbsp; 6650543 | (9987032)<br>| (3652270)<br>| &nbsp;&nbsp; (5479153)<br>| 41791520 | 2717264 | 669286 |  |
| QuidelOrtho Corp. | 142520795<br>| &nbsp;&nbsp; 17294460 | (18138544)<br>| (4192220)<br>| &nbsp;&nbsp; (21876353)<br>| 115608138 | 4047904 |  |  |
| QuinStreet, Inc. | 62284275<br>| &nbsp;&nbsp; 7921329 | (9835724)<br>| 1328446 | &nbsp;&nbsp; (13118486)<br>| 48579840 | 3380643 |  |  |
| Ralliant Corp. | —<br>| &nbsp;&nbsp; 364177705 | (37442162)<br>| (387837)<br>| &nbsp;&nbsp; 15934479 | 342282185 | 6723280 | 674494 |  |
| Ready Capital Corp.<sup>(b)</sup> | 53035744<br>| &nbsp;&nbsp; 5836311 | (31742395)<br>| (82959407)<br>| &nbsp;&nbsp; 55829747 |  |  | 2391660 |  |
| Redwood Trust, Inc. | 49732682<br>| &nbsp;&nbsp; 6691369 | (10551485)<br>| (6907140)<br>| &nbsp;&nbsp; 2765436 | 41730862 | 7546268 | 4134961 |  |
| Renasant Corp. | 133662383<br>| &nbsp;&nbsp; 76455161 | (26498706)<br>| 4276954 | &nbsp;&nbsp; 12023388 | 199919180 | 5676297 | 3747907 |  |
| &nbsp;&nbsp;&nbsp; Resideo Technologies, <br> Inc.<br>| 161262364<br>| &nbsp;&nbsp; 39169429 | (72123266)<br>| 28614663 | &nbsp;&nbsp; 131379173 | 288302363 | 8209065 |  |  |
| &nbsp;&nbsp;&nbsp; REX American <br> Resources Corp.<br>| 36626655<br>| &nbsp;&nbsp; 7223724 | (13162332)<br>| 3643444 | &nbsp;&nbsp; 20403205 | 54734696 | 1693524 |  |  |
| Robert Half, Inc. | 338813268<br>| &nbsp;&nbsp; 29524060 | (42164163)<br>| (14998353)<br>| &nbsp;&nbsp; (150071361)<br>| 161103451 | 5931644 | 10548791 |  |
| Rogers Corp. | 70900152<br>| &nbsp;&nbsp; 8455032 | (12109167)<br>| (4955681)<br>| &nbsp;&nbsp; 28962191 | 91252527 | 996533 |  |  |
| &nbsp;&nbsp;&nbsp; Rush Enterprises, Inc., <br> Class A<br>| 205858911<br>| &nbsp;&nbsp; 28019270 | (39863128)<br>| 728782 | &nbsp;&nbsp; 1145640 | 195889475 | 3631618 | 2050474 |  |
| RXO, Inc. | 167323315<br>| &nbsp;&nbsp; 37851937 | (21451194)<br>| (3966040)<br>| &nbsp;&nbsp; (56146061)<br>| 123611957 | 9779427 |  |  |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality <br> Properties, Inc.<br>| 338706379<br>| &nbsp;&nbsp; 57544483 | (51852312)<br>| (25488)<br>| &nbsp;&nbsp; 10933648 | 355306710 | 3755091 | 12836387 |  |
| S&T Bancorp, Inc. | 87729250<br>| &nbsp;&nbsp; 10041259 | (13274002)<br>| 2280703 | &nbsp;&nbsp; 2839975 | 89617185 | 2277438 | 2385451 |  |
| Sabre Corp. | 67035956<br>| &nbsp;&nbsp; 6782016 | (7005642)<br>| (1327553)<br>| &nbsp;&nbsp; (32913069)<br>| 32571708 | 23949785 |  |  |
| &nbsp;&nbsp;&nbsp; Safety Insurance Group, <br> Inc.<br>| 72362934<br>| &nbsp;&nbsp; 9957199 | (12210341)<br>| 969966 | &nbsp;&nbsp; (1949748)<br>| 69130010 | 887306 | 2422099 |  |
| &nbsp;&nbsp;&nbsp; Sally Beauty Holdings, <br> Inc.<br>| 56919801<br>| &nbsp;&nbsp; 12386037 | (17806355)<br>| 1596266 | &nbsp;&nbsp; 29740220 | 82835969 | 5808974 |  |  |
| Sanmina Corp. | 255909036<br>| &nbsp;&nbsp; 61448291 | (62792619)<br>| 28742076 | &nbsp;&nbsp; 204744417 | 488051201 | 3252157 |  |  |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics, <br> Inc.<br>| —<br>| &nbsp;&nbsp; 123582264 | (8420273)<br>| 480879 | &nbsp;&nbsp; 18732529 | 134375399 | 6244210 |  |  |
| ScanSource, Inc. | 45391038<br>| &nbsp;&nbsp; 7166392 | (12301921)<br>| 1164440 | &nbsp;&nbsp; 5551966 | 46971915 | 1202558 |  |  |
| Scholastic Corp. | 29590416<br>| &nbsp;&nbsp; 4868582 | (8408302)<br>| (3988063)<br>| &nbsp;&nbsp; 18471474 | 40534107 | 1368009 | 842024 |  |
| Schrodinger, Inc. | 67630622<br>| &nbsp;&nbsp; 9518070 | (11606342)<br>| (3429743)<br>| &nbsp;&nbsp; (2343951)<br>| 59768656 | 3342766 |  |  |
| &nbsp;&nbsp;&nbsp; Seacoast Banking Corp. <br> of Florida<br>| 135046632<br>| &nbsp;&nbsp; 38354469 | (20126815)<br>| 2129799 | &nbsp;&nbsp; 25983606 | 181387691 | 5773001 | 2808616 |  |
| Sealed Air Corp. | 247726581<br>| &nbsp;&nbsp; 22237105 | (13813804)<br>| (1138162)<br>| &nbsp;&nbsp; 109199203 | 364210923 | 8790995 | 5248204 |  |
| &nbsp;&nbsp;&nbsp; Select Medical Holdings <br> Corp.<br>| 107886476<br>| &nbsp;&nbsp; 16489456 | (15619870)<br>| 4613831 | &nbsp;&nbsp; (15864734)<br>| 97505159 | 6566004 | 1183759 |  |
| Semtech Corp. | 183220661<br>| &nbsp;&nbsp; 45275246 | (48320305)<br>| 10459201 | &nbsp;&nbsp; 190476981 | 381111784 | 5171825 |  |  |
| &nbsp;&nbsp;&nbsp; Sensient Technologies <br> Corp.<br>| 194960305<br>| &nbsp;&nbsp; 35898682 | (43560331)<br>| 8051302 | &nbsp;&nbsp; 42516410 | 237866368 | 2531840 | 3108178 |  |
| &nbsp;&nbsp;&nbsp; ServisFirst Bancshares, <br> Inc.<br>| 256503149<br>| &nbsp;&nbsp; 31009560 | (39375604)<br>| 12922428 | &nbsp;&nbsp; (46057672)<br>| 215001861 | 2994872 | 1979433 |  |
| &nbsp;&nbsp;&nbsp; Shake Shack, Inc., <br> Class A<br>| 218230537<br>| &nbsp;&nbsp; 35975348 | (43670925)<br>| 9970581 | &nbsp;&nbsp; (25781227)<br>| 194724314 | 2398969 |  |  |
| &nbsp;&nbsp;&nbsp; Shenandoah <br> Telecommunications <br> Co.<br>| 35644749<br>| &nbsp;&nbsp; 5194355 | (6075469)<br>| (2711629)<br>| &nbsp;&nbsp; 94978 | 32146984 | 2780881 | 296124 |  |
| Signet Jewelers Ltd. | 156134720<br>| &nbsp;&nbsp; 31189619 | (50209039)<br>| 20634130 | &nbsp;&nbsp; 44842525 | 202591955 | 2444401 | 2439009 |  |
| &nbsp;&nbsp;&nbsp; Simmons First National <br> Corp., Class A<br>| 159654399<br>| &nbsp;&nbsp; 38821334 | (21514242)<br>| (4496771)<br>| &nbsp;&nbsp; (9897966)<br>| 162566754 | 8624231 | 5267673 |  |
| &nbsp;&nbsp;&nbsp; Simply Good Foods Co. <br> (The)<br>| 196075891<br>| &nbsp;&nbsp; 19900823 | (27644095)<br>| (1736283)<br>| &nbsp;&nbsp; (76676167)<br>| 109920169 | 5474112 |  |  |
| Simulations Plus, Inc.<sup>(b)</sup> | 25097863<br>| &nbsp;&nbsp; 1349934 | (17708896)<br>| (34431794)<br>| &nbsp;&nbsp; 25692893 |  |  |  |  |
| SiTime Corp. | 180685461<br>| &nbsp;&nbsp; 79600536 | (44853572)<br>| 14612129 | &nbsp;&nbsp; 231499547 | 461544101 | 1306787 |  |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment <br> Corp.<br>| $205700472<br>| &nbsp;&nbsp; $25667076 | $(21709320)<br>| $(3298223)<br>| &nbsp;&nbsp; $(113040296)<br>| $93319709 | 6083423 | $— | $— |
| SkyWest, Inc. | 217886626<br>| &nbsp;&nbsp; 34457067 | (44417014)<br>| 18532926 | &nbsp;&nbsp; 13531340 | 239990945 | 2390110 |  |  |
| SL Green Realty Corp. | 249888429<br>| &nbsp;&nbsp; 34206781 | (40195260)<br>| 10272845 | &nbsp;&nbsp; (60012470)<br>| 194160325 | 4232839 | 8664711 |  |
| SM Energy Co. | 211900054<br>| &nbsp;&nbsp; 21792523 | (28121950)<br>| 5715906 | &nbsp;&nbsp; (83637322)<br>| 127649211 | 6826161 | 5480770 |  |
| &nbsp;&nbsp;&nbsp; SolarEdge Technologies, <br> Inc.<br>| 57970060<br>| &nbsp;&nbsp; 16359025 | (15555759)<br>| (5364322)<br>| &nbsp;&nbsp; 49389316 | 102798320 | 3563200 |  |  |
| &nbsp;&nbsp;&nbsp; Solstice Advanced <br> Materials, Inc.<br>| —<br>| &nbsp;&nbsp; 478100677 | (1729630)<br>| (11916)<br>| &nbsp;&nbsp; (16770033)<br>| 459589098 | 9460459 |  |  |
| Sonos, Inc. | 78559508<br>| &nbsp;&nbsp; 16788891 | (17460592)<br>| (3444218)<br>| &nbsp;&nbsp; 52044392 | 126487981 | 7203188 |  |  |
| &nbsp;&nbsp;&nbsp; Southside Bancshares, <br> Inc.<br>| 51250541<br>| &nbsp;&nbsp; 5900036 | (7614574)<br>| (159766)<br>| &nbsp;&nbsp; 2468100 | 51844337 | 1705967 | 1835421 |  |
| SpartanNash Co.<sup>(b)</sup> | 43064798<br>| &nbsp;&nbsp; 3372951 | (59697874)<br>| 6849972 | &nbsp;&nbsp; 6410153 |  |  | 887706 |  |
| Sprinklr, Inc., Class A<sup>(g)</sup> | 58336766<br>| &nbsp;&nbsp; 11300307 | (9558649)<br>| (1833405)<br>| &nbsp;&nbsp; 29999618 | N/A | N/A |  |  |
| SPS Commerce, Inc. | 311446830<br>| &nbsp;&nbsp; 33189340 | (46768929)<br>| 12844694 | &nbsp;&nbsp; (109913632)<br>| 200798303 | 2252870 |  |  |
| &nbsp;&nbsp;&nbsp; SPX Technologies, <br> Inc.<sup>(b)</sup><br>| 369180323<br>| &nbsp;&nbsp; 108601318 | (686295805)<br>| 437262959 | &nbsp;&nbsp; (228748795)<br>|  |  |  |  |
| STAAR Surgical Co. | 53693223<br>| &nbsp;&nbsp; 10689277 | (12083764)<br>| (3640937)<br>| &nbsp;&nbsp; 19766253 | 68424052 | 2963363 |  |  |
| &nbsp;&nbsp;&nbsp; Standard Motor Products, <br> Inc.<br>| 32395662<br>| &nbsp;&nbsp; 6480982 | (7137362)<br>| (649164)<br>| &nbsp;&nbsp; 15485408 | 46575526 | 1263922 | 1149438 |  |
| &nbsp;&nbsp;&nbsp; Standex International <br> Corp.<br>| 118729943<br>| &nbsp;&nbsp; 22948410 | (24095726)<br>| 8270294 | &nbsp;&nbsp; 31046923 | 156899844 | 722109 | 700521 |  |
| Stellar Bancorp, Inc. | 81319377<br>| &nbsp;&nbsp; 10622918 | (15657295)<br>| 1431029 | &nbsp;&nbsp; 7207588 | 84923617 | 2744784 | 1196969 |  |
| Stepan Co. | 71955608<br>| &nbsp;&nbsp; 8579339 | (10044002)<br>| (3581841)<br>| &nbsp;&nbsp; (6285794)<br>| 60623310 | 1280053 | 1483399 |  |
| &nbsp;&nbsp;&nbsp; StepStone Group, Inc., <br> Class A<br>| 214059693<br>| &nbsp;&nbsp; 54370625 | (36339088)<br>| 5550602 | &nbsp;&nbsp; 40756825 | 278398657 | 4338455 | 4828304 |  |
| Steven Madden Ltd. | 118911050<br>| &nbsp;&nbsp; 20267748 | (22602030)<br>| 392540 | &nbsp;&nbsp; 63333807 | 180303115 | 4330046 | 2728980 |  |
| &nbsp;&nbsp;&nbsp; Stewart Information <br> Services Corp.<br>| 122484690<br>| &nbsp;&nbsp; 16274828 | (19256617)<br>| 6881842 | &nbsp;&nbsp; (9056445)<br>| 117328298 | 1669916 | 2579488 |  |
| StoneX Group, Inc. | 203338530<br>| &nbsp;&nbsp; 48667757 | (37886567)<br>| 20521625 | &nbsp;&nbsp; 28626173 | 263267518 | 2767450 |  |  |
| Strategic Education, Inc. | 126275084<br>| &nbsp;&nbsp; 15670416 | (25537414)<br>| (746630)<br>| &nbsp;&nbsp; (4590551)<br>| 111070905 | 1384924 | 2579450 |  |
| Stride, Inc. | 334565303<br>| &nbsp;&nbsp; 39263192 | (52911843)<br>| 20734460 | &nbsp;&nbsp; (174174306)<br>| 167476806 | 2579344 |  |  |
| &nbsp;&nbsp;&nbsp; Sturm Ruger & Co., <br> Inc.<sup>(b)</sup><br>| 40788206<br>| &nbsp;&nbsp; 5428062 | (39156571)<br>| (23039088)<br>| &nbsp;&nbsp; 15979391 |  |  | 376899 |  |
| &nbsp;&nbsp;&nbsp; Summit Hotel Properties, <br> Inc.<br>| 36263495<br>| &nbsp;&nbsp; 5029574 | (6330143)<br>| (2912805)<br>| &nbsp;&nbsp; (625506)<br>| 31424615 | 6452693 | 1542349 |  |
| &nbsp;&nbsp;&nbsp; Sun Country Airlines <br> Holdings, Inc.<sup>(c)</sup><br>| N/A<br>| &nbsp;&nbsp; 15836813 | (7345677)<br>| (1252632)<br>| &nbsp;&nbsp; (6608899)<br>| 45186370 | 3140123 |  |  |
| SunCoke Energy, Inc. | 47979343<br>| &nbsp;&nbsp; 5411116 | (6943216)<br>| 131700 | &nbsp;&nbsp; (10266362)<br>| 36312581 | 5043414 | 1820905 |  |
| Sunrun, Inc. | 81281435<br>| &nbsp;&nbsp; 31630232 | (29535210)<br>| 1966681 | &nbsp;&nbsp; 169115964 | 254459102 | 13829299 |  |  |
| &nbsp;&nbsp;&nbsp; Sunstone Hotel <br> Investors, Inc.<br>| 116890644<br>| &nbsp;&nbsp; 14366934 | (24502594)<br>| (2341373)<br>| &nbsp;&nbsp; (3254695)<br>| 101158916 | 11315315 | 3080254 |  |
| &nbsp;&nbsp;&nbsp; Supernus <br> Pharmaceuticals, Inc.<br>| 111815050<br>| &nbsp;&nbsp; 23880134 | (22446614)<br>| 5215173 | &nbsp;&nbsp; 51363195 | 169826938 | 3417041 |  |  |
| Sylvamo Corp. | 141432521<br>| &nbsp;&nbsp; 14405242 | (21294848)<br>| 3564874 | &nbsp;&nbsp; (43064456)<br>| 95043333 | 1973901 | 2753792 |  |
| &nbsp;&nbsp;&nbsp; Tandem Diabetes Care, <br> Inc.<br>| 77801039<br>| &nbsp;&nbsp; 9977973 | (9809479)<br>| (3223791)<br>| &nbsp;&nbsp; 14288248 | 89033990 | 4050682 |  |  |
| Tanger, Inc. | 231284035<br>| &nbsp;&nbsp; 34839320 | (33880678)<br>| 13517483 | &nbsp;&nbsp; (16833150)<br>| 228927010 | 6860264 | 5869605 |  |
| TEGNA, Inc. | 181524457<br>| &nbsp;&nbsp; 25283423 | (31338357)<br>| 3164915 | &nbsp;&nbsp; 7666449 | 186300887 | 9598191 | 3608807 |  |
| Teleflex, Inc. | 396882371<br>| &nbsp;&nbsp; 44065733 | (73364225)<br>| (7195705)<br>| &nbsp;&nbsp; (38937377)<br>| 321450797 | 2633979 | 2724661 |  |
| &nbsp;&nbsp;&nbsp; Telephone & Data <br> Systems, Inc.<br>| 233609987<br>| &nbsp;&nbsp; 32684091 | (37550874)<br>| 12399483 | &nbsp;&nbsp; 161542 | 241304229 | 5885469 | 704359 |  |
| Tennant Co. | 93059717<br>| &nbsp;&nbsp; 11374256 | (17920496)<br>| 778672 | &nbsp;&nbsp; (7701382)<br>| 79590767 | 1079929 | 1001881 |  |
| Teradata Corp. | 133022095<br>| &nbsp;&nbsp; 20456523 | (28443721)<br>| 383122 | &nbsp;&nbsp; 43649698 | 169067717 | 5554130 |  |  |
| Terreno Realty Corp. | 390071636<br>| &nbsp;&nbsp; 60458997 | (59988075)<br>| (634179)<br>| &nbsp;&nbsp; (28111761)<br>| 361796618 | 6162436 | 9347601 |  |
| TG Therapeutics, Inc. | 325440394<br>| &nbsp;&nbsp; 42923456 | (47918353)<br>| 7359015 | &nbsp;&nbsp; (86249670)<br>| 241554842 | 8103148 |  |  |
| Thryv Holdings, Inc.<sup>(b)</sup> | 32575625<br>| &nbsp;&nbsp; 3588703 | (19702737)<br>| (47862144)<br>| &nbsp;&nbsp; 31400553 |  |  |  |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| Tidewater, Inc.<sup>(c)</sup> | $ N/A<br>| &nbsp;&nbsp; $27744538 | $(17634936)<br>| $(14063641)<br>| &nbsp;&nbsp; $(91957962)<br>| $139079588 | 2753506 | $— | $— |
| &nbsp;&nbsp;&nbsp; Tompkins Financial <br> Corp.<br>| 48903718<br>| &nbsp;&nbsp; 6638503 | (7767199)<br>| 42489 | &nbsp;&nbsp; 7045972 | 54863483 | 756529 | 1423973 |  |
| TransMedics Group, Inc. | 139621744<br>| &nbsp;&nbsp; 36733825 | (39470250)<br>| (3920492)<br>| &nbsp;&nbsp; 114800580 | 247765407 | 2036707 |  |  |
| TreeHouse Foods, Inc. | 75670795<br>| &nbsp;&nbsp; 9152681 | (11902640)<br>| (4519607)<br>| &nbsp;&nbsp; (5950313)<br>| 62450916 | 2647347 |  |  |
| Tri Pointe Homes, Inc. | 184724296<br>| &nbsp;&nbsp; 24038088 | (45009434)<br>| 8595179 | &nbsp;&nbsp; (11151110)<br>| 161197019 | 5122244 |  |  |
| Trinity Industries, Inc. | 143111163<br>| &nbsp;&nbsp; 18418124 | (26976501)<br>| 1497346 | &nbsp;&nbsp; (9719865)<br>| 126330267 | 4777998 | 4395310 |  |
| TripAdvisor, Inc. | 96449593<br>| &nbsp;&nbsp; 22617104 | (20905594)<br>| 1097717 | &nbsp;&nbsp; 2937354 | 102196174 | 7018968 |  |  |
| Triumph Financial, Inc. | 78508122<br>| &nbsp;&nbsp; 11825104 | (12467168)<br>| 1983003 | &nbsp;&nbsp; 4389416 | 84238477 | 1345018 |  |  |
| Triumph Group, Inc.<sup>(b)</sup> | 103301019<br>| &nbsp;&nbsp; — | (105991574)<br>| 8930964 | &nbsp;&nbsp; (6240409)<br>|  |  |  |  |
| TrustCo Bank Corp. | 35879623<br>| &nbsp;&nbsp; 5576029 | (8190324)<br>| 319353 | &nbsp;&nbsp; 11903117 | 45487798 | 1100600 | 1262160 |  |
| Trustmark Corp. | 130227445<br>| &nbsp;&nbsp; 15783504 | (23016657)<br>| 3349139 | &nbsp;&nbsp; 12823945 | 139167376 | 3572975 | 2619861 |  |
| TTM Technologies, Inc. | 129316719<br>| &nbsp;&nbsp; 45676733 | (44979660)<br>| 19619883 | &nbsp;&nbsp; 275316142 | 424949817 | 6158693 |  |  |
| &nbsp;&nbsp;&nbsp; Two Harbors Investment <br> Corp.<br>| 85641782<br>| &nbsp;&nbsp; 10047049 | (12490644)<br>| (7125057)<br>| &nbsp;&nbsp; (10921281)<br>| 65151849 | 6204938 | 7360872 |  |
| &nbsp;&nbsp;&nbsp; U.S. Physical Therapy, <br> Inc.<br>| 67531707<br>| &nbsp;&nbsp; 11104370 | (13062115)<br>| (1028758)<br>| &nbsp;&nbsp; 6188171 | 70733375 | 905793 | 1214488 |  |
| UFP Technologies, Inc. | 90920984<br>| &nbsp;&nbsp; 17234071 | (15633091)<br>| 1094630 | &nbsp;&nbsp; 8415516 | 102032110 | 459542 |  |  |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings, <br> Inc.<br>| 59645776<br>| &nbsp;&nbsp; 9438173 | (11028918)<br>| (1344175)<br>| &nbsp;&nbsp; 11778652 | 68489508 | 2703889 |  |  |
| &nbsp;&nbsp;&nbsp; Under Armour, Inc., <br> Class A<br>| —<br>| &nbsp;&nbsp; 51233825 | (241673)<br>| 6342 | &nbsp;&nbsp; 4906417 | 55904911 | 11248473 |  |  |
| UniFirst Corp. | 161463648<br>| &nbsp;&nbsp; 22312531 | (32702503)<br>| 1450991 | &nbsp;&nbsp; 14919092 | 167443759 | 868034 | 955685 |  |
| &nbsp;&nbsp;&nbsp; United Community <br> Banks, Inc.<br>| 207872739<br>| &nbsp;&nbsp; 11403693 | (16476963)<br>| (3087621)<br>| &nbsp;&nbsp; 24933941 | 224645789 | 7195573 | 5344117 |  |
| United Fire Group, Inc. | 38772542<br>| &nbsp;&nbsp; 6082654 | (6127012)<br>| 662811 | &nbsp;&nbsp; 8121290 | 47512285 | 1307078 | 615095 |  |
| &nbsp;&nbsp;&nbsp; United Natural Foods, <br> Inc.<br>| 101472500<br>| &nbsp;&nbsp; 17457252 | (19178536)<br>| 4274516 | &nbsp;&nbsp; 17662698 | 121688430 | 3614150 |  |  |
| Uniti Group, Inc.<sup>(b)</sup> | 76066991<br>| &nbsp;&nbsp; 3585561 | (72542302)<br>| (56995766)<br>| &nbsp;&nbsp; 49885516 |  |  |  |  |
| Unitil Corp. | 57945336<br>| &nbsp;&nbsp; 10346744 | (7294714)<br>| 210730 | &nbsp;&nbsp; (9111990)<br>| 52096106 | 1075477 | 1344690 |  |
| Universal Corp. | 85570806<br>| &nbsp;&nbsp; 11663597 | (14020291)<br>| 581191 | &nbsp;&nbsp; (5473369)<br>| 78321934 | 1484776 | 3636537 |  |
| &nbsp;&nbsp;&nbsp; Universal Health Realty <br> Income Trust<br>| 32267878<br>| &nbsp;&nbsp; 4190753 | (5228053)<br>| (804997)<br>| &nbsp;&nbsp; (612336)<br>| 29813245 | 760348 | 1688152 |  |
| Upbound Group, Inc. | 75663572<br>| &nbsp;&nbsp; 9743154 | (11016973)<br>| 1824003 | &nbsp;&nbsp; (21699913)<br>| 54513843 | 3104433 | 4835821 |  |
| Upwork, Inc. | —<br>| &nbsp;&nbsp; 161335052 | (8954196)<br>| 144712 | &nbsp;&nbsp; 1795429 | 154320997 | 7786125 |  |  |
| Urban Edge Properties | 147393564<br>| &nbsp;&nbsp; 16955555 | (21757181)<br>| 1105647 | &nbsp;&nbsp; 223769 | 143921354 | 7499810 | 4293138 |  |
| Veeco Instruments, Inc. | 72023787<br>| &nbsp;&nbsp; 15901050 | (15526185)<br>| 2757609 | &nbsp;&nbsp; 27297866 | 102454127 | 3584819 |  |  |
| Veracyte, Inc. | —<br>| &nbsp;&nbsp; 135484860 | (15828245)<br>| 2715086 | &nbsp;&nbsp; 75961188 | 198332889 | 4710995 |  |  |
| Vericel Corp. | 136177920<br>| &nbsp;&nbsp; 17621338 | (18983146)<br>| (843352)<br>| &nbsp;&nbsp; (25454752)<br>| 108518008 | 3013552 |  |  |
| Veris Residential, Inc. | 84500933<br>| &nbsp;&nbsp; 10629565 | (13013090)<br>| 826129 | &nbsp;&nbsp; (10941687)<br>| 72001850 | 4838834 | 1151324 |  |
| Veritex Holdings, Inc.<sup>(b)</sup> | 84250603<br>| &nbsp;&nbsp; 2890141 | (104149029)<br>| 6846141 | &nbsp;&nbsp; 10162144 |  |  | 2171028 |  |
| &nbsp;&nbsp;&nbsp; Verra Mobility Corp., <br> Class A<br>| 229393445<br>| &nbsp;&nbsp; 30958319 | (46253385)<br>| 6750403 | &nbsp;&nbsp; (6726543)<br>| 214122239 | 9554763 |  |  |
| Vestis Corp. | 70155152<br>| &nbsp;&nbsp; 6668709 | (8810176)<br>| (8871328)<br>| &nbsp;&nbsp; (14616852)<br>| 44525505 | 6675488 |  |  |
| Viasat, Inc.<sup>(c)</sup> | N/A<br>| &nbsp;&nbsp; 109502740 | (22809233)<br>| 4101805 | &nbsp;&nbsp; 18668911 | 277801599 | 8061567 |  |  |
| Viavi Solutions, Inc. | 153782559<br>| &nbsp;&nbsp; 28406223 | (30417881)<br>| 2735685 | &nbsp;&nbsp; 83401177 | 237907763 | 13350604 |  |  |
| Victoria's Secret & Co. | 90321505<br>| &nbsp;&nbsp; 23642086 | (24041143)<br>| 3610719 | &nbsp;&nbsp; 165272133 | 258805300 | 4777650 |  |  |
| &nbsp;&nbsp;&nbsp; Virtu Financial, Inc., <br> Class A<br>| 190449235<br>| &nbsp;&nbsp; 25768832 | (34899512)<br>| 7039995 | &nbsp;&nbsp; (29880033)<br>| 158478517 | 4756258 | 3458508 |  |
| &nbsp;&nbsp;&nbsp; Virtus Investment <br> Partners, Inc.<br>| 70299611<br>| &nbsp;&nbsp; 10151391 | (15409609)<br>| 1934034 | &nbsp;&nbsp; (5271281)<br>| 61704146 | 378205 | 2667657 |  |
| &nbsp;&nbsp;&nbsp; Vishay Intertechnology, <br> Inc.<br>| 110460766<br>| &nbsp;&nbsp; 22356383 | (15545996)<br>| (1404972)<br>| &nbsp;&nbsp; (9243501)<br>| 106622680 | 7358363 | 2077115 |  |
| WaFd, Inc. | 144074524<br>| &nbsp;&nbsp; 9120543 | (18714292)<br>| (2219628)<br>| &nbsp;&nbsp; 18562133 | 150823280 | 4708813 | 3892750 |  |
| Walker & Dunlop, Inc. | 169730934<br>| &nbsp;&nbsp; 26460529 | (22593993)<br>| 3043821 | &nbsp;&nbsp; (54546896)<br>| 122094395 | 2029832 | 3922017 |  |
| WD-40 Co. | 204378792<br>| &nbsp;&nbsp; 23808272 | (31456798)<br>| 7341845 | &nbsp;&nbsp; (45335072)<br>| 158737039 | 806181 | 2282478 |  |
| Werner Enterprises, Inc. | 112049470<br>| &nbsp;&nbsp; 16154221 | (23620035)<br>| (3668108)<br>| &nbsp;&nbsp; 6071723 | 106987271 | 3565054 | 1534304 |  |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *03/31/25*<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> *12/31/25*<br>| *Shares*<br> *Held at*<br> *12/31/25*<br>| *Income* | *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| Westamerica BanCorp | $83984841<br>| &nbsp;&nbsp; $10611065 | $(18879406)<br>| $(1374218)<br>| &nbsp;&nbsp; $(3294213)<br>| $71048069 | 1485429 | $2147866 | $— |
| Whitestone REIT | 40891375<br>| &nbsp;&nbsp; 4892422 | (6566940)<br>| 962800 | &nbsp;&nbsp; (3031171)<br>| 37148486 | 2674477 | 968329 |  |
| &nbsp;&nbsp;&nbsp; WillScot Holdings Corp., <br> Class A<br>| 317618058<br>| &nbsp;&nbsp; 34312383 | (48649776)<br>| (6058489)<br>| &nbsp;&nbsp; (92063639)<br>| 205158537 | 10895302 | 2304102 |  |
| &nbsp;&nbsp;&nbsp; Winnebago Industries, <br> Inc.<br>| 60500561<br>| &nbsp;&nbsp; 9068023 | (11346574)<br>| (2195626)<br>| &nbsp;&nbsp; 12063302 | 68089686 | 1680397 | 1751303 |  |
| Wolfspeed, Inc.<sup>(b)</sup> | 29432093<br>| &nbsp;&nbsp; 494293 | (5011681)<br>| (70725640)<br>| &nbsp;&nbsp; 45810935 |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide, <br> Inc.<br>| 68857588<br>| &nbsp;&nbsp; 13622993 | (15305930)<br>| 1809492 | &nbsp;&nbsp; 19665775 | 88649918 | 4884293 | 954407 |  |
| World Kinect Corp. | 101838605<br>| &nbsp;&nbsp; 12705821 | (20216283)<br>| (2001372)<br>| &nbsp;&nbsp; (14771831)<br>| 77554940 | 3310070 | 2008260 |  |
| WSFS Financial Corp. | 188303609<br>| &nbsp;&nbsp; 13840270 | (33154833)<br>| 831158 | &nbsp;&nbsp; 10604463 | 180424667 | 3266196 | 1742687 |  |
| Xencor, Inc. | 46036131<br>| &nbsp;&nbsp; 7788524 | (8088998)<br>| (4688847)<br>| &nbsp;&nbsp; 24082604 | 65129414 | 4254044 |  |  |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts, <br> Inc.<br>| 74029000<br>| &nbsp;&nbsp; 11302275 | (19641738)<br>| (5747994)<br>| &nbsp;&nbsp; 19928600 | 79870143 | 5648525 | 2393199 |  |
| Xerox Holdings Corp.<sup>(b)</sup> | 34557616<br>| &nbsp;&nbsp; 2417877 | (31684862)<br>| (83465763)<br>| &nbsp;&nbsp; 78175132 |  |  | 174205 |  |
| XPEL, Inc. | 41181858<br>| &nbsp;&nbsp; 12481337 | (8866812)<br>| (1113256)<br>| &nbsp;&nbsp; 31213815 | 74896942 | 1500640 |  |  |
| Yelp, Inc. | 150701621<br>| &nbsp;&nbsp; 18097431 | (37914449)<br>| 2254840 | &nbsp;&nbsp; (27356138)<br>| 105783305 | 3480859 |  |  |
| Ziff Davis, Inc. | 99313192<br>| &nbsp;&nbsp; 12139529 | (22361722)<br>| (6525309)<br>| &nbsp;&nbsp; 167463 | 82733153 | 2353717 |  |  |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water <br> Solutions Corp.<br>| 291319958<br>| &nbsp;&nbsp; 65341355 | (57914749)<br>| 4373272 | &nbsp;&nbsp; 109581796 | 412701632 | 8877213 | 2489824 |  |
|  |  |  |  | $2825796853 | &nbsp;&nbsp; $3264938762 | $79824632163 |  | $977858644 | $— |

---

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

<sup>(a)</sup> Formerly the New York Mortgage Trust, Inc.

<sup>(b)</sup> As of period end, the entity is no longer held.

<sup>(c)</sup> As of the beginning of the period, the entity was not considered an affiliate.

<sup>(d)</sup> Formerly the Berkshire Hills Bancorp, Inc.

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

<sup>(f)</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. 

<sup>(g)</sup> As of period end, the entity was not considered an affiliate.

<sup>(h)</sup> Formerly the SJW Group.

**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; Russell 2000 E-Mini Index | 1833 | 03/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; $228942 | &nbsp;&nbsp;&nbsp;&nbsp; $(5322174)<br>|

---

**Equity Swap Contracts** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | *Notional Amount* | *Termination Date* | *Spread* | *Reference Rate* | *Payment* <br>*Frequency*<br>| *Value/ Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> | Long Contracts<sup>(a)</sup> |
| Adeia, Inc. | Goldman Sachs Bank USA | USD  | 191406 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; $65740 |
| Adeia, Inc. | JPMorgan Chase Bank N.A. |  | 1144087 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 394578 |
| Arbor Realty Trust, Inc. | Goldman Sachs Bank USA |  | 8710229 | &nbsp;&nbsp; 08/19/26 | &nbsp;&nbsp; (2.25)%<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (631285)<br>|
| Arbor Realty Trust, Inc. | JPMorgan Chase Bank N.A. |  | 1301572 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (82919)<br>|
| Bancorp, Inc. (The) | JPMorgan Chase Bank N.A. |  | 2063367 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (4817)<br>|
| Bank of Hawaii Corp. | JPMorgan Chase Bank N.A. |  | 662889 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (21647)<br>|
| BankUnited, Inc. | JPMorgan Chase Bank N.A. |  | 2796635 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (64227)<br>|

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Equity Swap Contracts (continued)**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | *Notional Amount* | *Termination Date* | *Spread* | *Reference Rate* | *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) |
| BankUnited, Inc. | Merrill Lynch International | USD  | 2694624 | &nbsp;&nbsp; 02/15/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; $(76939)<br>|
| Bread Financial Holdings, Inc. | Goldman Sachs Bank USA |  | 5530971 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (23805)<br>|
| Bread Financial Holdings, Inc. | HSBC Bank PLC |  | 60461865 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 1344154 |
| Bread Financial Holdings, Inc. | JPMorgan Chase Bank N.A. |  | 2915016 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (88476)<br>|
| Central Pacific Financial Corp. | JPMorgan Chase Bank N.A. |  | 707429 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (36149)<br>|
| Douglas Emmett, Inc. | Goldman Sachs Bank USA |  | 2548915 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (148523)<br>|
| Douglas Emmett, Inc. | HSBC Bank PLC |  | 17644532 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (1183292)<br>|
| Douglas Emmett, Inc. | JPMorgan Chase Bank N.A. |  | 1548176 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (46843)<br>|
| Extreme Networks, Inc. | BNP Paribas S.A. |  | 4254462 | &nbsp;&nbsp; 09/07/27 | 0.20<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (66970)<br>|
| Extreme Networks, Inc. | Goldman Sachs Bank USA |  | 30722778 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (490257)<br>|
| Extreme Networks, Inc. | JPMorgan Chase Bank N.A. |  | 1609360 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (133005)<br>|
| First BanCorp/Puerto Rico | JPMorgan Chase Bank N.A. |  | 731249 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (35509)<br>|
| Fulton Financial Corp. | JPMorgan Chase Bank N.A. |  | 3005164 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (154550)<br>|
| Fulton Financial Corp. | Merrill Lynch International |  | 802453 | &nbsp;&nbsp; 02/15/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (23376)<br>|
| Genworth Financial, Inc., Class A | JPMorgan Chase Bank N.A. |  | 3027180 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (6022)<br>|
| Genworth Financial, Inc. | Merrill Lynch International |  | 1521917 | &nbsp;&nbsp; 02/15/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 6772 |
| Global Net Lease, Inc. | Goldman Sachs Bank USA |  | 201936 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 4808 |
| Global Net Lease, Inc. | HSBC Bank PLC |  | 22820376 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 1468638 |
| Jackson Financial, Inc., Class A | Goldman Sachs Bank USA |  | 112666953 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 488057 |
| Jackson Financial, Inc., Class A | HSBC Bank PLC |  | 135693300 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 11108186 |
| Jackson Financial, Inc., Class A | JPMorgan Chase Bank N.A. |  | 6069242 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (8963)<br>|
| Lincoln National Corp. | Goldman Sachs Bank USA |  | 1198342 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (17763)<br>|
| Lincoln National Corp. | HSBC Bank PLC |  | 59649309 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 2111530 |
| Lincoln National Corp. | JPMorgan Chase Bank N.A. |  | 6239963 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (102927)<br>|
| Lumen Technologies, Inc. | Goldman Sachs Bank USA |  | 4428099 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (159324)<br>|
| Lumen Technologies, Inc. | HSBC Bank PLC |  | 65594443 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (4702111)<br>|
| Lumen Technologies, Inc. | JPMorgan Chase Bank N.A. |  | 7138312 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 11262 |
| MarketAxess Holdings, Inc. | BNP Paribas S.A. |  | 34419482 | &nbsp;&nbsp; 09/07/27 | 0.20<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 393750 |
| MarketAxess Holdings, Inc. | JPMorgan Chase Bank N.A. |  | 746286 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (2618)<br>|
| Moelis & Co., Class A | Goldman Sachs Bank USA |  | 56510499 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (545484)<br>|
| Moelis & Co., Class A | JPMorgan Chase Bank N.A. |  | 4188875 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (39041)<br>|
| Par Pacific Holdings, Inc. | Goldman Sachs Bank USA |  | 19648755 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (2537051)<br>|
| Par Pacific Holdings, Inc. | JPMorgan Chase Bank N.A. |  | 1599220 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (140629)<br>|
| Payoneer Global, Inc. | JPMorgan Chase Bank N.A. |  | 1400556 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (68274)<br>|
| Payoneer Global, Inc. | Merrill Lynch International |  | 1344606 | &nbsp;&nbsp; 02/15/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (46206)<br>|
| Pitney Bowes, Inc. | Goldman Sachs Bank USA |  | 17290535 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 733228 |
| Pitney Bowes, Inc. | JPMorgan Chase Bank N.A. |  | 1372128 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 1845 |
| Preferred Bank | Goldman Sachs Bank USA |  | 1368084 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (85819)<br>|
| Preferred Bank | HSBC Bank PLC |  | 10224777 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (32381)<br>|
| Preferred Bank | JPMorgan Chase Bank N.A. |  | 930253 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (53376)<br>|
| Provident Financial Services, Inc. | Goldman Sachs Bank USA |  | 1587086 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (98015)<br>|
| Provident Financial Services, Inc. | HSBC Bank PLC |  | 2959954 | &nbsp;&nbsp; 02/09/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (50443)<br>|
| Provident Financial Services, Inc. | JPMorgan Chase Bank N.A. |  | 2207075 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (125227)<br>|
| Radian Group, Inc. | Goldman Sachs Bank USA |  | 4720262 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (26086)<br>|
| Radian Group, Inc. | JPMorgan Chase Bank N.A. |  | 46519138 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 1883309 |
| RadNet, Inc. | Goldman Sachs Bank USA |  | 23192141 | &nbsp;&nbsp; 08/19/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (393033)<br>|
| RadNet, Inc. | JPMorgan Chase Bank N.A. |  | 23656760 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (1234595)<br>|
| SiriusPoint Ltd. | Goldman Sachs Bank USA |  | 26772907 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (515786)<br>|
| SiriusPoint Ltd. | JPMorgan Chase Bank N.A. |  | 1836732 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (5371)<br>|
| United Community Banks, Inc. | JPMorgan Chase Bank N.A. |  | 2140063 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (82259)<br>|
| Warrior Met Coal, Inc. | Goldman Sachs Bank USA |  | 4156543 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 231942 |
| Warrior Met Coal, Inc. | JPMorgan Chase Bank N.A. |  | 49285370 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; 5412741 |
| Western Union Co. (The) | Goldman Sachs Bank USA |  | 37534704 | &nbsp;&nbsp; 08/18/26 | 0.40<br> %<br>| 1D FEDL01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (1095904)<br>|

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

**Equity Swap Contracts (continued)**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Entity* | *Counterparty* | *Notional Amount* | *Notional Amount* | *Termination Date* | *Spread* | *Reference Rate* | *Payment*<br> *Frequency*<br>| *Value/ Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>|
| Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) | Long Contracts<sup>(a)</sup> (continued) |
| Western Union Co. (The) | JPMorgan Chase Bank N.A. | USD  | 2543193 | &nbsp;&nbsp; 02/09/26 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; $(91637)<br>|
| Western Union Co. (The) | Merrill Lynch International |  | 30998938 | &nbsp;&nbsp; 02/15/28 | 0.40<br> %<br>| 1D OBFR01 | &nbsp;&nbsp; Monthly | &nbsp;&nbsp; (905079)<br>|
| Total long positions of equity swaps | Total long positions of equity swaps | Total long positions of equity swaps | Total long positions of equity swaps | Total long positions of equity swaps |  |  |  | &nbsp;&nbsp; 9176527 |
| Net dividends and financing fees | Net dividends and financing fees | Net dividends and financing fees | Net dividends and financing fees | Net dividends and financing fees |  |  |  | &nbsp;&nbsp; (1937749)<br>|
| Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees | Total equity swap contracts including dividends and financing fees |  |  |  | &nbsp;&nbsp; $7238778 |

---

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

<sup>(a)</sup> The Fund receives the total return on a reference entity and pays a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying position. 

**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. 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; $86744812859 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $10 | &nbsp;&nbsp; $86744812869 |
| &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; 5321063339 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 5321063339 |
|  | &nbsp;&nbsp; $92065876198 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $10 | &nbsp;&nbsp; $92065876208 |
| 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; $— | &nbsp;&nbsp; $25660540 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $25660540 |
| &nbsp;&nbsp;&nbsp; Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; (5322174)<br>| &nbsp;&nbsp; (18421762)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (23743936)<br>|
|  | &nbsp;&nbsp; $(5322174)<br>| &nbsp;&nbsp; $7238778 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1916604 |

---

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

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

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

---

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

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® Core S&P Small-Cap ETF**

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| 1D FEDL01 | USD - 1D Overnight Fed Funds Effective Rate |
| 1D OBFR01 | USD - 1D Overnight Bank Funding Rate |
| NVS | Non-Voting Shares |
| REIT | Real Estate Investment Trust |

---

------

## 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 Core S&P Small-Cap ETF

- **b. EDGAR series identifier (if any):** S000004313

- **c. LEI of Series:** 549300BZQ17QYN750B25

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $92320150939.09

**Total Liabilities:** $4300204326.17

**Net Assets:** $88019946612.92

**Cash Not Reported:** $38167249.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012043 | -0.88%               | 2.63%                | -0.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $747598091.13            | $-1565660397.85                            |
| Month 2  | $2023044505.49           | $137211420.10                              |
| Month 3  | $1084717542.16           | $-1352665794.46                            |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO MERCANTILE EXCHANGE INC.          | E-MINI RUSS 2000                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       1408 | NC      | $-5307436.85   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Strategic Education Inc                   | Strategic Education Inc                    | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |    1385360 | NS      | $111105872.00  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                     | Customers Bancorp Inc                      | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |    1898226 | NS      | $138798285.12  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Bread Financial Holdings Inc              | Bread Financial Holdings Inc               | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    1793378 | NS      | $132763773.34  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings Inc                    | Alarm.com Holdings Inc                     | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |    2973373 | NS      | $151701490.46  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Banner Corp                               | Banner Corp                                | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2036205 | NS      | $127588605.30  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                               | Neogen Corp                                | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |   12951537 | NS      | $90531243.63   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Dorian LPG Ltd                            | Dorian LPG Ltd                             | CUSIP: 000000000<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | US        |    2195303 | NS      | $53433675.02   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                      | Urban Outfitters Inc                       | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |    3208434 | NS      | $241466742.84  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| SunCoke Energy Inc                        | SunCoke Energy Inc                         | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    5045202 | NS      | $36325454.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp                            | JBT Marel Corp                             | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    3098475 | NS      | $466847228.25  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Innovex International Inc                 | Innovex International Inc                  | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |    2300128 | NS      | $50303799.36   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| International Seaways Inc                 | International Seaways Inc                  | CUSIP: 000000000<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | US        |    2414285 | NS      | $117213536.75  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                             | Materion Corp                              | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |    1235908 | NS      | $153648082.56  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp NY                      | TrustCo Bank Corp NY                       | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1100600 | NS      | $45487798.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                  | Axcelis Technologies Inc                   | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |    1847858 | NS      | $148456911.72  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Power Integrations Inc                    | Power Integrations Inc                     | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |    3298389 | NS      | $117224745.06  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Southside Bancshares Inc                  | Southside Bancshares Inc                   | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |    1706575 | NS      | $51862814.25   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Entertainment Inc                    | Penn Entertainment Inc                     | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7614365 | NS      | $112311883.75  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Allegiant Travel Co                       | Allegiant Travel Co                        | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |     801934 | NS      | $68380912.18   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc                  | Granite Construction Inc                   | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |    2602276 | NS      | $300172536.60  | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Ultra Clean Holdings Inc                  | Ultra Clean Holdings Inc                   | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |    2704805 | NS      | $68512710.65   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Casella Waste Systems Inc                 | Casella Waste Systems Inc                  | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |    3726432 | NS      | $364966750.08  | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| US Physical Therapy Inc                   | US Physical Therapy Inc                    | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |     906097 | NS      | $70757114.73   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc                              | Harmonic Inc                               | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |    6688358 | NS      | $66147860.62   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Vestis Corp                               | Vestis Corp                                | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |    6677852 | NS      | $44541272.84   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings Inc                     | LiveRamp Holdings Inc                      | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |    3793863 | NS      | $111425756.31  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| WD-40 Co                                  | WD-40 Co                                   | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |     806425 | NS      | $158785082.50  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc                 | Caesars Entertainment Inc                  | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |   12168191 | NS      | $284613987.49  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Armstrong World Industries Inc            | Armstrong World Industries Inc             | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    2571261 | NS      | $491367977.10  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc               | Standard Motor Products Inc                | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |    1264366 | NS      | $46591887.10   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc             | American Eagle Outfitters Inc              | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |    9388558 | NS      | $247576274.46  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc             | Dime Community Bancshares Inc              | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2432847 | NS      | $73204366.23   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                        | Crescent Energy Co                         | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   14674884 | NS      | $123122277.03  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Independent Bank Corp                     | Independent Bank Corp                      | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |    2959642 | NS      | $216290637.36  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corp                            | BancFirst Corp                             | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |    1231938 | NS      | $130610066.76  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                           | Hillenbrand Inc                            | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |    4201736 | NS      | $133279065.92  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd Inc                                  | WaFd Inc                                   | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4708813 | NS      | $150823280.39  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                | Adient PLC                                 | CUSIP: 000000000<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | US        |    4720454 | NS      | $90491103.18   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Magnolia Oil & Gas Corp                   | Magnolia Oil & Gas Corp                    | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   10918680 | NS      | $239009905.20  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                         | Steven Madden Ltd                          | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    4331334 | NS      | $180356747.76  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                                | RadNet Inc                                 | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |    3513849 | NS      | $250713126.15  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Catalyst Pharmaceuticals Inc              | Catalyst Pharmaceuticals Inc               | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    6887317 | NS      | $160749978.78  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Highwoods Properties Inc                  | Highwoods Properties Inc                   | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    6550924 | NS      | $169144857.68  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International Inc                   | Enova International Inc                    | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |    1478580 | NS      | $232432776.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Supernus Pharmaceuticals Inc              | Supernus Pharmaceuticals Inc               | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |    3418069 | NS      | $169878029.30  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| H2O America                               | H2O America                                | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1998778 | NS      | $97920134.22   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co Inc                  | Phillips Edison & Co Inc                   | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |    7499716 | NS      | $266764898.12  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortrea Holdings Inc                      | Fortrea Holdings Inc                       | CUSIP: 34965K107<br>LEI: 5493000FIVFABOVCDU97 | Long             | EC               | CORP              | US        |    5512286 | NS      | $95086933.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| PJT Partners Inc                          | PJT Partners Inc                           | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |    1449073 | NS      | $242285005.60  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Sanmina Corp                              | Sanmina Corp                               | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |    3253073 | NS      | $488188665.11  | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| ACM Research Inc                          | ACM Research Inc                           | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |    3175322 | NS      | $125266452.90  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| TEGNA Inc                                 | TEGNA Inc                                  | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    9601055 | NS      | $186356477.55  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                        | Ichor Holdings Ltd                         | CUSIP: 000000000<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | US        |    2090741 | NS      | $38532356.63   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Dorman Products Inc                       | Dorman Products Inc                        | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |    1659314 | NS      | $204410891.66  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Otter Tail Corp                           | Otter Tail Corp                            | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2509797 | NS      | $202816695.57  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks Inc                          | A10 Networks Inc                           | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |    4274705 | NS      | $75619531.45   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc               | AMN Healthcare Services Inc                | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |    2289092 | NS      | $36076089.92   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Brady Corp                                | Brady Corp                                 | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |    2608795 | NS      | $204451264.15  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp                            | Trustmark Corp                             | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |    3574071 | NS      | $139210065.45  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises Inc               | Worthington Enterprises Inc                | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |    1864920 | NS      | $96173924.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp                    | American Woodmark Corp                     | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |     868185 | NS      | $46795171.50   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Adamas Trust Inc                          | Adamas Trust Inc                           | CUSIP: 649604840<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               | CORP              | US        |    5120664 | NS      | $37380847.20   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc                       | Virtu Financial Inc                        | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |    4757694 | NS      | $158526364.08  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust Inc             | Blackstone Mortgage Trust Inc              | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |    9398583 | NS      | $179794892.79  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sezzle Inc                                | Sezzle Inc                                 | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |    1017695 | NS      | $64598190.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Koppers Holdings Inc                      | Koppers Holdings Inc                       | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1196335 | NS      | $32396751.80   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Robert Half Inc                           | Robert Half Inc                            | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |    5933432 | NS      | $161152013.12  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc             | Arrowhead Pharmaceuticals Inc              | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |    8242908 | NS      | $547246662.12  | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Seacoast Banking Corp of Flori            | Seacoast Banking Corp of Florida           | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    5774729 | NS      | $181441985.18  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK GLOBAL                          | BLACKROCK GLOBAL                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 4234620898 | NS      | $4236738208.00 | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                            | BankUnited Inc                             | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    4368801 | NS      | $194717460.57  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                            | Photronics Inc                             | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    3517075 | NS      | $112546400.00  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Tidewater Inc                             | Tidewater Inc                              | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |    2753506 | NS      | $139079588.06  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Sunrun Inc                                | Sunrun Inc                                 | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |   13833319 | NS      | $254533069.60  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| BioLife Solutions Inc                     | BioLife Solutions Inc                      | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |    2323984 | NS      | $56193933.12   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Banc of California Inc                    | Banc of California Inc                     | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    8001848 | NS      | $154355647.92  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income            | Universal Health Realty Income Trust       | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |     760616 | NS      | $29823753.36   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc                      | Extreme Networks Inc                       | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |    5819584 | NS      | $96896073.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc                          | Radian Group Inc                           | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    6618430 | NS      | $238197295.70  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust Inc            | NexPoint Residential Trust Inc             | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |    1327543 | NS      | $39959044.30   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc             | Academy Sports & Outdoors Inc              | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |    3979468 | NS      | $198814221.28  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Red Rock Resorts Inc                      | Red Rock Resorts Inc                       | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2893623 | NS      | $179259944.85  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                             | Frontdoor Inc                              | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |    4299032 | NS      | $248011156.08  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Sealed Air Corp                           | Sealed Air Corp                            | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |    8790995 | NS      | $364210922.85  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc                   | Goosehead Insurance Inc                    | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |    1484701 | NS      | $109348228.65  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp                  | Fox Factory Holding Corp                   | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |    2498332 | NS      | $42746460.52   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                           | Alamo Group Inc                            | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |     642687 | NS      | $107887866.69  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics Inc                      | PTC Therapeutics Inc                       | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |    4786593 | NS      | $363589604.28  | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Oil & Gas Inc                    | Northern Oil & Gas Inc                     | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    5790281 | NS      | $124317333.07  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp               | Matthews International Corp                | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |    1834835 | NS      | $47925890.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp             | Quanex Building Products Corp              | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |    2718228 | NS      | $41806346.64   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc                 | American Assets Trust Inc                  | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2814202 | NS      | $53272843.86   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp/VA                         | Universal Corp/VA                          | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |    1485268 | NS      | $78347887.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc            | Advanced Energy Industries Inc             | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |    2250332 | NS      | $471152010.84  | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| AZZ Inc                                   | AZZ Inc                                    | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |    1791800 | NS      | $192045124.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| LeMaitre Vascular Inc                     | LeMaitre Vascular Inc                      | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |    1244012 | NS      | $100889373.20  | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Calix Inc                                 | Calix Inc                                  | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |    3598562 | NS      | $190471886.66  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Global Net Lease Inc                      | Global Net Lease Inc                       | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |    8908187 | NS      | $76610408.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                          | Clear Secure Inc                           | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5298239 | NS      | $185862224.12  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield Ltd                   | Cushman & Wakefield Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    9793164 | NS      | $158551325.16  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| CorVel Corp                               | CorVel Corp                                | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1863394 | NS      | $126095871.98  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc             | Papa John's International Inc              | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |    1954158 | NS      | $75215541.42   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc                | Grid Dynamics Holdings Inc                 | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |    4029889 | NS      | $36389897.67   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| QuidelOrtho Corp                          | QuidelOrtho Corp                           | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    4049164 | NS      | $115644123.84  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Glaukos Corp                              | Glaukos Corp                               | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |    3424179 | NS      | $386624050.89  | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Getty Realty Corp                         | Getty Realty Corp                          | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |    3173457 | NS      | $86857518.09   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I            | Ryman Hospitality Properties Inc           | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |    3756163 | NS      | $355408143.06  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc                | ServisFirst Bancshares Inc                 | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2995752 | NS      | $215065036.08  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc                          | Hope Bancorp Inc                           | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |    7639949 | NS      | $83733841.04   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc                      | TTM Technologies Inc                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    6160441 | NS      | $425070429.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | TRS CFD EQUITY BASKET                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |          1 | NC      | $4737105.25    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| La-Z-Boy Inc                              | La-Z-Boy Inc                               | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    2456021 | NS      | $91535902.67   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co                        | Middlesex Water Co                         | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1092746 | NS      | $55096253.32   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc                   | Mirion Technologies Inc                    | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |   14774557 | NS      | $346020124.94  | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Ingevity Corp                             | Ingevity Corp                              | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |    2143723 | NS      | $126865527.14  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Innoviva Inc                              | Innoviva Inc                               | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |    4233397 | NS      | $84625606.03   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc              | Adtalem Global Education Inc               | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |    2171554 | NS      | $224690692.38  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Powell Industries Inc                     | Powell Industries Inc                      | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |     561190 | NS      | $178896148.20  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| National Vision Holdings Inc              | National Vision Holdings Inc               | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |    4727535 | NS      | $122064953.70  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Pursuit Attractions and Hospit            | Pursuit Attractions and Hospitality Inc    | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |    1280875 | NS      | $43139870.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonos Inc                                 | Sonos Inc                                  | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               | CORP              | US        |    7205420 | NS      | $126527175.20  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc                             | PRA Group Inc                              | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |    2324883 | NS      | $41127180.27   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc                     | John Wiley & Sons Inc                      | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |    2436336 | NS      | $74624971.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                   | RXO Inc                                    | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    9782467 | NS      | $123650382.88  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| MDU Resources Group Inc                   | MDU Resources Group Inc                    | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   12181157 | NS      | $237776184.64  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                | Cactus Inc                                 | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |    4103757 | NS      | $187459619.76  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc                  | Par Pacific Holdings Inc                   | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |    2475782 | NS      | $86998979.48   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Steel Inc                     | Worthington Steel Inc                      | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |    1960627 | NS      | $67876906.74   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc                    | Advance Auto Parts Inc                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    3577884 | NS      | $140610841.20  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc                          | Pitney Bowes Inc                           | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |    7008612 | NS      | $74081028.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Wendy's Co/The                            | Wendy's Co/The                             | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |    9415417 | NS      | $78430423.61   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                             | Hub Group Inc                              | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3611182 | NS      | $153872465.02  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Vericel Corp                              | Vericel Corp                               | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |    3014504 | NS      | $108552289.04  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Sylvamo Corp                              | Sylvamo Corp                               | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |    1974537 | NS      | $95073956.55   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc                      | Cavco Industries Inc                       | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     465326 | NS      | $274886681.24  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Uniti Group Inc                           | Uniti Group Inc                            | CUSIP: 912932100<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |   10684358 | NS      | $74897349.58   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Helmerich & Payne Inc                     | Helmerich & Payne Inc                      | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |    5927732 | NS      | $170007353.76  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp                      | Waystar Holding Corp                       | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6863788 | NS      | $224789057.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Angi Inc                                  | Angi Inc                                   | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |    2204590 | NS      | $28505348.70   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Progyny Inc                               | Progyny Inc                                | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4779145 | NS      | $122728443.60  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Moelis & Co                               | Moelis & Co                                | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |    3545796 | NS      | $243738017.04  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings Inc                        | Enact Holdings Inc                         | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |    1721047 | NS      | $68222303.08   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp                | Sensient Technologies Corp                 | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |    2532580 | NS      | $237935891.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                             | CoreCivic Inc                              | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |    6234011 | NS      | $119131950.21  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                | Upwork Inc                                 | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |    7788493 | NS      | $154367931.26  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| DoubleVerify Holdings Inc                 | DoubleVerify Holdings Inc                  | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7969804 | NS      | $91174557.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Alpha & Omega Semiconductor Lt            | Alpha & Omega Semiconductor Ltd            | CUSIP: 000000000<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | US        |    1504957 | NS      | $29813198.17   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Xencor Inc                                | Xencor Inc                                 | CUSIP: 98401F105<br>LEI: 549300V5IF65437JKG30 | Long             | EC               | CORP              | US        |    4255520 | NS      | $65152011.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Trupanion Inc                             | Trupanion Inc                              | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Long             | EC               | CORP              | US        |    2027220 | NS      | $75757211.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| NeoGenomics Inc                           | NeoGenomics Inc                            | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7711713 | NS      | $90689744.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc                  | Wolverine World Wide Inc                   | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |    4885885 | NS      | $88678812.75   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                      | Quaker Chemical Corp                       | CUSIP: 747316107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     816528 | NS      | $112117459.68  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc                                  | DNOW Inc                                   | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |   11067341 | NS      | $146642268.25  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Interface Inc                             | Interface Inc                              | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    3480298 | NS      | $97169920.16   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Acushnet Holdings Corp                    | Acushnet Holdings Corp                     | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |    1643448 | NS      | $131180019.36  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| National Presto Industries Inc            | National Presto Industries Inc             | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     315374 | NS      | $33669328.24   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                  | LKQ Corp                                   | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |   15260434 | NS      | $460865106.80  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                    | Cathay General Bancorp                     | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |    4066011 | NS      | $196754272.29  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services I            | Provident Financial Services Inc           | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |    7508046 | NS      | $148283908.50  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                              | ArcBest Corp                               | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |    1341769 | NS      | $99545842.11   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| CVB Financial Corp                        | CVB Financial Corp                         | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7665891 | NS      | $142585572.60  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                    | Boot Barn Holdings Inc                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    1817392 | NS      | $320715166.24  | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Franklin Electric Co Inc                  | Franklin Electric Co Inc                   | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |    2287092 | NS      | $218485898.76  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc               | Fresh Del Monte Produce Inc                | CUSIP: 000000000<br>LEI: 529900I72V9F0FEZR228 | Long             | EC               | CORP              | US        |    1964566 | NS      | $69997486.58   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc                              | Safehold Inc                               | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |    2736562 | NS      | $37463533.78   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc                         | Newell Brands Inc                          | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |   24985187 | NS      | $92944895.64   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                              | Gentherm Inc                               | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |    1819097 | NS      | $66160557.89   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                              | Lindsay Corp                               | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     643898 | NS      | $75896257.26   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                       | StepStone Group Inc                        | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4339711 | NS      | $278479254.87  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co/The                  | Simply Good Foods Co/The                   | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5475836 | NS      | $109954786.88  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Sunstone Hotel Investors Inc              | Sunstone Hotel Investors Inc               | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |   11318927 | NS      | $101191207.38  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                       | Verra Mobility Corp                        | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    9557579 | NS      | $214185345.39  | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Cohen & Steers Inc                        | Cohen & Steers Inc                         | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |    1641763 | NS      | $103069881.14  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp                   | First Financial Bancorp                    | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |    5877422 | NS      | $147053098.44  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc                     | Cinemark Holdings Inc                      | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |    6151156 | NS      | $142952865.44  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                              | Metallus Inc                               | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |    2134387 | NS      | $36626080.92   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Core Natural Resources Inc                | Core Natural Resources Inc                 | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |    3054668 | NS      | $270368664.68  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| SPS Commerce Inc                          | SPS Commerce Inc                           | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |    2253534 | NS      | $200857485.42  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Perrigo Co PLC                            | Perrigo Co PLC                             | CUSIP: 000000000<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |    8203097 | NS      | $114187110.24  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin BSP Realty Trust Inc             | Franklin BSP Realty Trust Inc              | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |    4862913 | NS      | $48775017.39   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin Inc                   | Alexander & Baldwin Inc                    | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4336466 | NS      | $89504658.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp              | Six Flags Entertainment Corp               | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |    6085399 | NS      | $93350020.66   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| FMC Corp                                  | FMC Corp                                   | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |    7445685 | NS      | $103271650.95  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Indivior PLC                              | Indivior PLC                               | CUSIP: 000000000<br>LEI: 213800V3NCQTY7IED471 | Long             | EC               | CORP              | GB        |    7443278 | NS      | $267064814.64  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                    | Liquidity Services Inc                     | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |    1439102 | NS      | $43619181.62   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Mueller Water Products Inc                | Mueller Water Products Inc                 | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |    9339809 | NS      | $222474250.38  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc                         | PC Connection Inc                          | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     676979 | NS      | $39102307.04   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc                  | MarketAxess Holdings Inc                   | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |    2024379 | NS      | $366918693.75  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc                                 | Adeia Inc                                  | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6437726 | NS      | $111050773.50  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C            | Stewart Information Services Corp          | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |    1670436 | NS      | $117364833.36  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX                    | DXP Enterprises Inc/TX                     | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     756935 | NS      | $83103893.65   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Scholastic Corp                           | Scholastic Corp                            | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1368489 | NS      | $40548329.07   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                | Impinj Inc                                 | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |    1597535 | NS      | $277987065.35  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Four Corners Property Trust In            | Four Corners Property Trust Inc            | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |    6331068 | NS      | $145994428.08  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The                    | Greenbrier Cos Inc/The                     | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |    1845337 | NS      | $86251051.38   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp                               | Plexus Corp                                | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |    1608835 | NS      | $236498745.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| MillerKnoll Inc                           | MillerKnoll Inc                            | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |    4083289 | NS      | $74642522.92   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS                      | BLACKROCK CASH FUNDS                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 1159799065 | NS      | $1159799065.15 | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                             | Insperity Inc                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |    2134786 | NS      | $82658913.92   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc               | Kennedy-Wilson Holdings Inc                | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |    7149980 | NS      | $69140306.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabre Corp                                | Sabre Corp                                 | CUSIP: 78573M104<br>LEI: 529900VKCYZW8GZ4WW58 | Long             | EC               | CORP              | US        |   23958289 | NS      | $32583273.04   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| G-III Apparel Group Ltd                   | G-III Apparel Group Ltd                    | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |    2213869 | NS      | $64113646.24   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vir Biotechnology Inc                     | Vir Biotechnology Inc                      | CUSIP: 92764N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5750085 | NS      | $34673012.55   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| United Fire Group Inc                     | United Fire Group Inc                      | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1307538 | NS      | $47529006.30   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus Inc                                 | ePlus Inc                                  | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |    1561287 | NS      | $136924869.90  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse Inc/The                  | Chefs' Warehouse Inc/The                   | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |    2158472 | NS      | $134537559.76  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Brandywine Realty Trust                   | Brandywine Realty Trust                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |   10350632 | NS      | $30223845.44   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare I            | Prestige Consumer Healthcare Inc           | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2866396 | NS      | $176827969.24  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Proto Labs Inc                            | Proto Labs Inc                             | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |    1411190 | NS      | $71392102.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings             | Sun Country Airlines Holdings Inc          | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |    3141239 | NS      | $45202429.21   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Capitol Federal Financial Inc             | Capitol Federal Financial Inc              | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7247732 | NS      | $49357054.92   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications Inc                | Iridium Communications Inc                 | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |    6243323 | NS      | $108508953.74  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings            | Cogent Communications Holdings Inc         | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2828455 | NS      | $60981489.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| United Natural Foods Inc                  | United Natural Foods Inc                   | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |    3615274 | NS      | $121726275.58  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Millrose Properties Inc                   | Millrose Properties Inc                    | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    9191847 | NS      | $274560469.89  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                               | Avista Corp                                | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |    4850793 | NS      | $186949562.22  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc                     | Arlo Technologies Inc                      | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |    6366259 | NS      | $89063963.41   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Lumen Technologies Inc                    | Lumen Technologies Inc                     | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |   47061267 | NS      | $365666044.59  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp                 | Dynavax Technologies Corp                  | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |    6024444 | NS      | $92655948.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Addus HomeCare Corp                       | Addus HomeCare Corp                        | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |    1087168 | NS      | $116750971.52  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Tennant Co                                | Tennant Co                                 | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |    1080285 | NS      | $79617004.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH INTERNATIONAL               | TRS CFD EQUITY BASKET                      | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DE               | CORP              | GB        |          1 | NC      | $-1100064.32   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TreeHouse Foods Inc                       | TreeHouse Foods Inc                        | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |    2648263 | NS      | $62472524.17   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc               | John B Sanfilippo & Son Inc                | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |     539099 | NS      | $38060389.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                               | Rogers Corp                                | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |     996853 | NS      | $91281829.21   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Artivion Inc                              | Artivion Inc                               | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |    2485018 | NS      | $113341670.98  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| AMERISAFE Inc                             | AMERISAFE Inc                              | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |    1127011 | NS      | $43288492.51   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                               | SkyWest Inc                                | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |    2390806 | NS      | $240060830.46  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Atlas Energy Solutions Inc                | Atlas Energy Solutions Inc                 | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4599671 | NS      | $43328900.82   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure             | HA Sustainable Infrastructure Capital Inc  | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |    7516246 | NS      | $236235611.78  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc             | Amphastar Pharmaceuticals Inc              | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |    2108451 | NS      | $56464317.78   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Harmony Biosciences Holdings I            | Harmony Biosciences Holdings Inc           | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2368614 | NS      | $88633535.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Matson Inc                                | Matson Inc                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |    1858802 | NS      | $229654987.10  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co                   | Central Garden & Pet Co                    | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     483055 | NS      | $15530218.25   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Element Solutions Inc                     | Element Solutions Inc                      | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |   13561782 | NS      | $338908932.18  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SolarEdge Technologies Inc                | SolarEdge Technologies Inc                 | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | IL        |    3564332 | NS      | $102830978.20  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Cleanspark Inc                            | Cleanspark Inc                             | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |   16756041 | NS      | $169571134.92  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| United Community Banks Inc/GA             | United Community Banks Inc/GA              | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |    7195573 | NS      | $224645789.06  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                             | O-I Glass Inc                              | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    9155642 | NS      | $135137275.92  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| United Parks & Resorts Inc                | United Parks & Resorts Inc                 | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |    1625338 | NS      | $58999769.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Lakeland Financial Corp                   | Lakeland Financial Corp                    | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1521561 | NS      | $86820270.66   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc                        | Kontoor Brands Inc                         | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |    3048993 | NS      | $186262982.37  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                 | Minerals Technologies Inc                  | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |    1855779 | NS      | $113109730.05  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                | Apple Hospitality REIT Inc                 | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |   13115288 | NS      | $155416162.80  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                              | Teleflex Inc                               | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |    2634735 | NS      | $321543059.40  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries Inc                     | Mohawk Industries Inc                      | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |    3095920 | NS      | $338384056.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Pacira BioSciences Inc                    | Pacira BioSciences Inc                     | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2563780 | NS      | $66350626.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Axos Financial Inc                        | Axos Financial Inc                         | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |    3383759 | NS      | $291544675.44  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Sarepta Therapeutics Inc                  | Sarepta Therapeutics Inc                   | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |    6246134 | NS      | $134416803.68  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Titan International Inc                   | Titan International Inc                    | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |    2858111 | NS      | $22379009.13   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Carter's Inc                              | Carter's Inc                               | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |    2172103 | NS      | $70441300.29   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp                    | Primoris Services Corp                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |    3221313 | NS      | $399893795.82  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                      | JBG SMITH Properties                       | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3535313 | NS      | $60135674.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem In            | First Interstate BancSystem Inc            | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |    5336266 | NS      | $184634803.60  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers Inc                          | Saul Centers Inc                           | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     750976 | NS      | $23678273.28   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                 | Qorvo Inc                                  | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |    5012820 | NS      | $423633418.20  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Managem            | Artisan Partners Asset Management Inc      | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |    4200389 | NS      | $171123847.86  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mister Car Wash Inc                       | Mister Car Wash Inc                        | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6010111 | NS      | $33416217.16   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Heritage Financial Corp/WA                | Heritage Financial Corp/WA                 | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2050828 | NS      | $48502082.20   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                          | InterDigital Inc                           | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1534913 | NS      | $488685600.94  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcus Biosciences Inc                     | Arcus Biosciences Inc                      | CUSIP: 03969F109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5088739 | NS      | $121264650.37  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Energizer Holdings Inc                    | Energizer Holdings Inc                     | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |    3621017 | NS      | $72022028.13   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                        | Douglas Emmett Inc                         | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    8150864 | NS      | $89577995.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                       | Acadia Realty Trust                        | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |    7811131 | NS      | $160440630.74  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment             | Dave & Buster's Entertainment Inc          | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |    1659004 | NS      | $26892454.84   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Walker & Dunlop Inc                       | Walker & Dunlop Inc                        | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2030464 | NS      | $122132409.60  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc               | Tootsie Roll Industries Inc                | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |    1171276 | NS      | $42903839.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                             | Cable One Inc                              | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |     281442 | NS      | $31760729.70   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc                   | Insight Enterprises Inc                    | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |    1846720 | NS      | $150452278.40  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| CONMED Corp                               | CONMED Corp                                | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |    1845588 | NS      | $74930872.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                       | Clearway Energy Inc                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    5078157 | NS      | $168899501.82  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                             | LGI Homes Inc                              | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |    1210240 | NS      | $51991910.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| FormFactor Inc                            | FormFactor Inc                             | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    4621230 | NS      | $257772209.40  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Gibraltar Industries Inc                  | Gibraltar Industries Inc                   | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1760793 | NS      | $87053605.92   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Guess? Inc                                | Guess? Inc                                 | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               | CORP              | CH        |    1828803 | NS      | $30632450.25   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Insteel Industries Inc                    | Insteel Industries Inc                     | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |    1157003 | NS      | $36642285.01   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc                            | ScanSource Inc                             | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |    1202982 | NS      | $46988476.92   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| LXP Industrial Trust                      | LXP Industrial Trust                       | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |    3526586 | NS      | $174848133.88  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp Inc/The                           | Bancorp Inc/The                            | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |    2593054 | NS      | $175083006.08  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| American States Water Co                  | American States Water Co                   | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |    2307805 | NS      | $167269706.40  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC Inc                               | EVERTEC Inc                                | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    3813808 | NS      | $110943674.72  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc             | Everus Construction Group Inc              | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |    3040840 | NS      | $260174270.40  | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Macerich Co/The                           | Macerich Co/The                            | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |   15268780 | NS      | $281861678.80  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniAb, Inc.                              | OmniAb, Inc.                               | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     450637 | NS      | $4.51          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Comstock Resources Inc                    | Comstock Resources Inc                     | CUSIP: 205768302<br>LEI: I03QQGEA4SS774AURI46 | Long             | EC               | CORP              | US        |    4716148 | NS      | $109320310.64  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Amentum Holdings Inc                      | Amentum Holdings Inc                       | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    9138928 | NS      | $265028912.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Tri Pointe Homes Inc                      | Tri Pointe Homes Inc                       | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5123788 | NS      | $161245608.36  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Cheesecake Factory Inc/The                | Cheesecake Factory Inc/The                 | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |    2733354 | NS      | $137979709.92  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Grocery Outlet Holding Corp               | Grocery Outlet Holding Corp                | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5884310 | NS      | $59431531.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Balchem Corp                              | Balchem Corp                               | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |    1930760 | NS      | $296101353.60  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp                    | National Beverage Corp                     | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |    1394707 | NS      | $44477206.23   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp               | Simmons First National Corp                | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |    8626827 | NS      | $162615688.95  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc                           | NBT Bancorp Inc                            | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3118463 | NS      | $129478583.76  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tompkins Financial Corp                   | Tompkins Financial Corp                    | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |     756797 | NS      | $54882918.44   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System Inc            | Community Financial System Inc             | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |    3139272 | NS      | $180319783.68  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N-able Inc/US                             | N-able Inc/US                              | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4441336 | NS      | $33221193.28   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Horace Mann Educators Corp                | Horace Mann Educators Corp                 | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |    2430412 | NS      | $112236426.16  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services I            | BrightSpring Health Services Inc           | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6773610 | NS      | $253671694.50  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Enovis Corp                               | Enovis Corp                                | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    3408570 | NS      | $90804304.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Hayward Holdings Inc                      | Hayward Holdings Inc                       | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   11893588 | NS      | $183755934.60  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Veeco Instruments Inc                     | Veeco Instruments Inc                      | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    3585959 | NS      | $102486708.22  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| OSI Systems Inc                           | OSI Systems Inc                            | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |     954437 | NS      | $243438701.22  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Ellington Financial Inc                   | Ellington Financial Inc                    | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |    6396116 | NS      | $86859255.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries I            | Hawaiian Electric Industries Inc           | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |   10289413 | NS      | $126559779.90  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Archrock Inc                              | Archrock Inc                               | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |   10454823 | NS      | $272034494.46  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                | Stride Inc                                 | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |    2580120 | NS      | $167527191.60  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Core Laboratories Inc                     | Core Laboratories Inc                      | CUSIP: 21867A105<br>LEI: 984500040P5J07V43135 | Long             | EC               | CORP              | US        |    2774665 | NS      | $44477879.95   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Park National Corp                        | Park National Corp                         | CUSIP: 700658107<br>LEI: 984500Q3E941TDF87712 | Long             | EC               | CORP              | US        |     852983 | NS      | $129806952.94  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                  | Resideo Technologies Inc                   | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    8211437 | NS      | $288385667.44  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Noble Corp PLC                            | Noble Corp PLC                             | CUSIP: 000000000<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | US        |    7515863 | NS      | $212247971.12  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                               | OFG Bancorp                                | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |    2625753 | NS      | $107603357.94  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources             | Alpha Metallurgical Resources Inc          | CUSIP: 020764106<br>LEI: 254900VEBGZO2PY8R678 | Long             | EC               | CORP              | US        |     643835 | NS      | $128689739.80  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Etsy Inc                                  | Etsy Inc                                   | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    5884569 | NS      | $326240505.36  | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| World Kinect Corp                         | World Kinect Corp                          | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    3311174 | NS      | $77580806.82   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp                  | Curbline Properties Corp                   | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |    5778383 | NS      | $134116269.43  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc            | Kulicke & Soffa Industries Inc             | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | SG        |    3108413 | NS      | $141619296.28  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc                       | Bloomin' Brands Inc                        | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    4644697 | NS      | $28657780.49   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp Inc                       | Stellar Bancorp Inc                        | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |    2745684 | NS      | $84951462.96   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| XPEL Inc                                  | XPEL Inc                                   | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |    1501140 | NS      | $74921897.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Encore Capital Group Inc                  | Encore Capital Group Inc                   | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |    1329224 | NS      | $72243324.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Omnicell Inc                              | Omnicell Inc                               | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |    2674993 | NS      | $121177182.90  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Western Union Co/The                      | Western Union Co/The                       | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |   11577510 | NS      | $107786618.10  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties            | Easterly Government Properties Inc         | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |    2603190 | NS      | $55161596.10   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| World Acceptance Corp                     | World Acceptance Corp                      | CUSIP: 981419104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     171337 | NS      | $24054001.43   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Corsair Gaming Inc                        | Corsair Gaming Inc                         | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |    2886044 | NS      | $17143101.36   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Astrana Health Inc                        | Astrana Health Inc                         | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |    2570926 | NS      | $63784674.06   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| HealthStream Inc                          | HealthStream Inc                           | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |    1438585 | NS      | $33188155.95   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Andersons Inc/The                         | Andersons Inc/The                          | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |    2002487 | NS      | $106472233.79  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                   | Privia Health Group Inc                    | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6892343 | NS      | $163417452.53  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Palomar Holdings Inc                      | Palomar Holdings Inc                       | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |    1584388 | NS      | $213512126.88  | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| American Axle & Manufacturing             | American Axle & Manufacturing Holdings Inc | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |    7171175 | NS      | $45967231.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Century Communities Inc                   | Century Communities Inc                    | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |    1523660 | NS      | $90429221.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS                               | TRS CFD EQUITY BASKET                      | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DE               | CORP              | FR        |          1 | NC      | $265062.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Griffon Corp                              | Griffon Corp                               | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |    2331407 | NS      | $171708125.55  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp            | Central Pacific Financial Corp             | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |    1579999 | NS      | $49232768.84   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Finders Homes Inc                   | Dream Finders Homes Inc                    | CUSIP: 26154D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1711625 | NS      | $29268787.50   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Vishay Intertechnology Inc                | Vishay Intertechnology Inc                 | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    7360687 | NS      | $106656354.63  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                     | Oxford Industries Inc                      | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     851811 | NS      | $29131936.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                          | NMI Holdings Inc                           | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |    4582338 | NS      | $186913567.02  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Green Brick Partners Inc                  | Green Brick Partners Inc                   | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |    1817742 | NS      | $113899713.72  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Organon & Co                              | Organon & Co                               | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |   15496264 | NS      | $111108212.88  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                           | SiriusPoint Ltd                            | CUSIP: 000000000<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |    4936263 | NS      | $108054797.07  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| CareTrust REIT Inc                        | CareTrust REIT Inc                         | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |   13325597 | NS      | $481853587.52  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                             | MarineMax Inc                              | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |    1158960 | NS      | $28081600.80   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Unitil Corp                               | Unitil Corp                                | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1075853 | NS      | $52114319.32   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                                | Diodes Inc                                 | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |    2764957 | NS      | $136422978.38  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Teradata Corp                             | Teradata Corp                              | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    5555798 | NS      | $169118491.12  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Collegium Pharmaceutical Inc              | Collegium Pharmaceutical Inc               | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |    1884080 | NS      | $87232904.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet Inc                            | QuinStreet Inc                             | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |    3381839 | NS      | $48597026.43   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Alkermes PLC                              | Alkermes PLC                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    9843678 | NS      | $275426110.44  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Helix Energy Solutions Group I            | Helix Energy Solutions Group Inc           | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    8150913 | NS      | $51106224.51   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Redwood Trust Inc                         | Redwood Trust Inc                          | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |    7548936 | NS      | $41745616.08   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                              | HB Fuller Co                               | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |    3224418 | NS      | $191723894.28  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                          | Elme Communities                           | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |    5258368 | NS      | $91495603.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc                         | Eagle Bancorp Inc                          | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |    1646917 | NS      | $35276962.14   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc               | Pediatrix Medical Group Inc                | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5017635 | NS      | $107327212.65  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Northwest Bancshares Inc                  | Northwest Bancshares Inc                   | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    8708271 | NS      | $104499252.00  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                      | Rush Enterprises Inc                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |    3632694 | NS      | $195947514.36  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc                       | Cal-Maine Foods Inc                        | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |    2717842 | NS      | $216258687.94  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc                          | Shutterstock Inc                           | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |    1439030 | NS      | $27485473.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co              | Northwest Natural Holding Co               | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |    2481522 | NS      | $115986338.28  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                          | Talos Energy Inc                           | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |    7497049 | NS      | $82617479.98   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Avanos Medical Inc                        | Avanos Medical Inc                         | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |    2834882 | NS      | $31835724.86   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| eXp World Holdings Inc                    | eXp World Holdings Inc                     | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |    5416017 | NS      | $49014953.85   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics Inc                        | ADMA Biologics Inc                         | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   14188478 | NS      | $258797838.72  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Essential Properties Realty Tr            | Essential Properties Realty Trust Inc      | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |   11812946 | NS      | $350371978.36  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions             | Donnelley Financial Solutions Inc          | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |    1581505 | NS      | $73840468.45   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| DiamondRock Hospitality Co                | DiamondRock Hospitality Co                 | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |   12141839 | NS      | $108790877.44  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properti            | Innovative Industrial Properties Inc       | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |    1670215 | NS      | $79101382.40   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Aluminum Co                       | Century Aluminum Co                        | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |    3171345 | NS      | $124253297.10  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Enviri Corp                               | Enviri Corp                                | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |    4806916 | NS      | $86139934.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| CSG Systems International Inc             | CSG Systems International Inc              | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |    1619181 | NS      | $124174990.89  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems Inc                      | NetScout Systems Inc                       | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |    4088010 | NS      | $110621550.60  | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Boise Cascade Co                          | Boise Cascade Co                           | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |    2208199 | NS      | $162523446.40  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| OPENLANE Inc                              | OPENLANE Inc                               | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |    6334646 | NS      | $188645757.88  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| First Bancorp/Southern Pines N            | First Bancorp/Southern Pines NC            | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2471657 | NS      | $125535459.03  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp                       | Westamerica BanCorp                        | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |    1485929 | NS      | $71071984.07   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Inc                            | WisdomTree Inc                             | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |    6847550 | NS      | $83471634.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cargurus Inc                              | Cargurus Inc                               | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |    4842771 | NS      | $185720267.85  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| NCR Voyix Corp                            | NCR Voyix Corp                             | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    8254504 | NS      | $84195940.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Apollo Commercial Real Estate             | Apollo Commercial Real Estate Finance Inc  | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |    7783906 | NS      | $75348210.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc                   | Kodiak Gas Services Inc                    | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    4954578 | NS      | $185301217.20  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA Pharmaceuticals Inc                | ACADIA Pharmaceuticals Inc                 | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |    7463291 | NS      | $199344502.61  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Xenia Hotels & Resorts Inc                | Xenia Hotels & Resorts Inc                 | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |    5650393 | NS      | $79896557.02   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                       | Clearway Energy Inc                        | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    2084456 | NS      | $65493607.52   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                | Standex International Corp                 | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     722325 | NS      | $156946776.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| PennyMac Mortgage Investment T            | PennyMac Mortgage Investment Trust         | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |    5185644 | NS      | $65079832.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                 | Enpro Inc                                  | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |    1255878 | NS      | $268921156.14  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| ACI Worldwide Inc                         | ACI Worldwide Inc                          | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    6145745 | NS      | $293828068.45  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| ARMOUR Residential REIT Inc               | ARMOUR Residential REIT Inc                | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |    6669815 | NS      | $117989027.35  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp                              | Semtech Corp                               | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |    5173301 | NS      | $381220550.69  | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Fulton Financial Corp                     | Fulton Financial Corp                      | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |   10600422 | NS      | $204906157.26  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                               | SiTime Corp                                | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1307155 | NS      | $461674074.45  | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Kinetik Holdings Inc                      | Kinetik Holdings Inc                       | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2709452 | NS      | $97675744.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr Inc                              | Sprinklr Inc                               | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |    7213799 | NS      | $56123356.22   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| REX American Resources Corp               | REX American Resources Corp                | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1694124 | NS      | $54754087.68   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Renasant Corp                             | Renasant Corp                              | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    5676297 | NS      | $199919180.34  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                     | Penguin Solutions Inc                      | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |    2881640 | NS      | $56364878.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| OmniAb, Inc.                              | OmniAb, Inc.                               | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     450637 | NS      | $4.51          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| First Hawaiian Inc                        | First Hawaiian Inc                         | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |    7375312 | NS      | $186595393.60  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                 | Merit Medical Systems Inc                  | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |    3534689 | NS      | $311547488.46  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                         | ProAssurance Corp                          | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |    3064097 | NS      | $74028583.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| PriceSmart Inc                            | PriceSmart Inc                             | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |    1508664 | NS      | $185067812.88  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc                         | Bristow Group Inc                          | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |    1499318 | NS      | $54905025.16   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Cars.com Inc                              | Cars.com Inc                               | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    3314748 | NS      | $40439925.60   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| NCR Atleos Corp                           | NCR Atleos Corp                            | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |    4405559 | NS      | $167895853.49  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Viasat Inc                                | Viasat Inc                                 | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |    8063899 | NS      | $277881959.54  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Tandem Diabetes Care Inc                  | Tandem Diabetes Care Inc                   | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Long             | EC               | CORP              | US        |    4051998 | NS      | $89062916.04   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Medical Properties Trust Inc              | Medical Properties Trust Inc               | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |   29401351 | NS      | $147006755.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Digi International Inc                    | Digi International Inc                     | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |    2212570 | NS      | $95782155.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Celanese Corp                             | Celanese Corp                              | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |    6528276 | NS      | $276015509.28  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| First Commonwealth Financial C            | First Commonwealth Financial Corp          | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |    6164669 | NS      | $103936319.34  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                              | Navient Corp                               | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |    4009147 | NS      | $52118911.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics Inc                  | Corcept Therapeutics Inc                   | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |    5581363 | NS      | $194231432.40  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonic Automotive Inc                      | Sonic Automotive Inc                       | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     895605 | NS      | $55402125.30   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear Inc                             | MaxLinear Inc                              | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |    4894977 | NS      | $85319449.11   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| STAAR Surgical Co                         | STAAR Surgical Co                          | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |    2964371 | NS      | $68447326.39   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| ABM Industries Inc                        | ABM Industries Inc                         | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |    3650207 | NS      | $154403756.10  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group Inc                | Safety Insurance Group Inc                 | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |     887606 | NS      | $69153383.46   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                            | Ameris Bancorp                             | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    3819059 | NS      | $283641511.93  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                   | Pebblebrook Hotel Trust                    | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    6770038 | NS      | $76636830.16   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Select Medical Holdings Corp              | Select Medical Holdings Corp               | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6568112 | NS      | $97536463.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                                 | Stepan Co                                  | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |    1280501 | NS      | $60644527.36   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                                | EZCORP Inc                                 | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |    3451734 | NS      | $67032674.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| HNI Corp                                  | HNI Corp                                   | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |    4104904 | NS      | $172570164.16  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                  | Patterson-UTI Energy Inc                   | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |   20570878 | NS      | $125688064.58  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                | Arcosa Inc                                 | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    2923936 | NS      | $310872875.52  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Apogee Enterprises Inc                    | Apogee Enterprises Inc                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |    1281817 | NS      | $46670956.97   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                               | Hawkins Inc                                | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |    1245308 | NS      | $176908454.48  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Sally Beauty Holdings Inc                 | Sally Beauty Holdings Inc                  | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |    5810886 | NS      | $82863234.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Integra LifeSciences Holdings             | Integra LifeSciences Holdings Corp         | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |    3991745 | NS      | $49577472.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Healthcare Services Group Inc             | Healthcare Services Group Inc              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    4199103 | NS      | $80286849.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Myriad Genetics Inc                       | Myriad Genetics Inc                        | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |    5632026 | NS      | $34636959.90   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp                    | J & J Snack Foods Corp                     | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     933873 | NS      | $84394103.01   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                | Korn Ferry                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |    3137690 | NS      | $207150293.80  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc            | Telephone and Data Systems Inc             | CUSIP: 879433829<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EC               | CORP              | US        |    5887189 | NS      | $241374749.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Dana Inc                                  | Dana Inc                                   | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    6964791 | NS      | $165483434.16  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                                 | Monro Inc                                  | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1782591 | NS      | $35723123.64   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                           | Vital Farms Inc                            | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |    2214752 | NS      | $70739178.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Ralliant Corp                             | Ralliant Corp                              | CUSIP: 750940108<br>LEI: 52990024QKO4DYT8N464 | Long             | EC               | CORP              | US        |    6725208 | NS      | $342380339.28  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Reynolds Consumer Products Inc            | Reynolds Consumer Products Inc             | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Long             | EC               | CORP              | US        |    3259134 | NS      | $74699351.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp                          | Forward Air Corp                           | CUSIP: 34986A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1339564 | NS      | $33489100.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Piper Sandler Cos                         | Piper Sandler Cos                          | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     991802 | NS      | $336925057.42  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC BANK PLC                             | TRS CFD EQUITY BASKET                      | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DE               | CORP              | GB        |          1 | NC      | $9403882.58    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercury Systems Inc                       | Mercury Systems Inc                        | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    3166020 | NS      | $231151120.20  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Eastman Chemical Co                       | Eastman Chemical Co                        | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |    6800707 | NS      | $434089127.81  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                               | Centerspace                                | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |     995391 | NS      | $66412487.52   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Restaurants Inc                      | BJ's Restaurants Inc                       | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |    1259440 | NS      | $49621936.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Protagonist Therapeutics Inc              | Protagonist Therapeutics Inc               | CUSIP: 74366E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3503387 | NS      | $305985820.58  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Azenta Inc                                | Azenta Inc                                 | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    2431517 | NS      | $80872255.42   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| DigitalOcean Holdings Inc                 | DigitalOcean Holdings Inc                  | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |    4090589 | NS      | $196839142.68  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| California Resources Corp                 | California Resources Corp                  | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |    4682173 | NS      | $209339954.83  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co                           | City Holding Co                            | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     858851 | NS      | $102375039.20  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc                     | Triumph Financial Inc                      | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |    1345458 | NS      | $84266034.54   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Marten Transport Ltd                      | Marten Transport Ltd                       | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3448979 | NS      | $39249381.02   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp/Puerto Rico                 | First BanCorp/Puerto Rico                  | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    9339279 | NS      | $193603253.67  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                            | MGE Energy Inc                             | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2178355 | NS      | $170826599.10  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                              | Freshpet Inc                               | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    2909583 | NS      | $177280892.19  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Hanmi Financial Corp                      | Hanmi Financial Corp                       | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |    1787827 | NS      | $48324963.81   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                        | Enphase Energy Inc                         | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |    7801300 | NS      | $250031665.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Phinia Inc                                | Phinia Inc                                 | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |    2291542 | NS      | $143656767.98  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp                  | National HealthCare Corp                   | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |     739807 | NS      | $101420141.63  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackLine Inc                             | BlackLine Inc                              | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |    2978751 | NS      | $164695142.79  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Urban Edge Properties                     | Urban Edge Properties                      | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7502098 | NS      | $143965260.62  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Buckle Inc/The                            | Buckle Inc/The                             | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |    1795216 | NS      | $95900438.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor            | Zurn Elkay Water Solutions Corp            | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |    8879733 | NS      | $412818787.17  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc               | Inspire Medical Systems Inc                | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |    1576151 | NS      | $145368406.73  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Whitestone REIT                           | Whitestone REIT                            | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2675425 | NS      | $37161653.25   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties Inc               | Summit Hotel Properties Inc                | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |    6454985 | NS      | $31435776.95   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Paren            | Concentra Group Holdings Parent Inc        | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7105339 | NS      | $139833071.52  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp                    | WillScot Holdings Corp                     | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |   10898518 | NS      | $205219093.94  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International Inc             | Oceaneering International Inc              | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |    5947515 | NS      | $142918785.45  | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| CTS Corp                                  | CTS Corp                                   | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |    1731407 | NS      | $74225418.09   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo Inc                                  | Gogo Inc                                   | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |    4565229 | NS      | $21273967.14   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| IAC Inc                                   | IAC Inc                                    | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |    3886385 | NS      | $151957653.50  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics Inc                       | TG Therapeutics Inc                        | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |    8105516 | NS      | $241625431.96  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Edgewell Personal Care Co                 | Edgewell Personal Care Co                  | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |    2768774 | NS      | $47207596.70   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp                    | Progress Software Corp                     | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |    2557576 | NS      | $109873464.96  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                    | Group 1 Automotive Inc                     | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     737466 | NS      | $290045377.80  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| UFP Technologies Inc                      | UFP Technologies Inc                       | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |     459686 | NS      | $102064082.58  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Atlantic Union Bankshares Corp            | Atlantic Union Bankshares Corp             | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    8513640 | NS      | $300531492.00  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp                 | Chesapeake Utilities Corp                  | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |    1409905 | NS      | $175899747.80  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Real Estate Finance Trust             | KKR Real Estate Finance Trust Inc          | CUSIP: 48251K100<br>LEI: 549300K23AYZDZ2REL62 | Long             | EC               | CORP              | US        |    3239037 | NS      | $26624884.14   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                  | AAR Corp                                   | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |    2327162 | NS      | $192665741.98  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Ligand Pharmaceuticals Inc                | Ligand Pharmaceuticals Inc                 | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |    1178477 | NS      | $222814646.39  | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Patrick Industries Inc                    | Patrick Industries Inc                     | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |    1984476 | NS      | $215176732.68  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings Inc              | Victory Capital Holdings Inc               | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    2864479 | NS      | $180719980.11  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust Inc                    | Arbor Realty Trust Inc                     | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |   10493101 | NS      | $81426463.76   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Veris Residential Inc                     | Veris Residential Inc                      | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |    4840470 | NS      | $72026193.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Sto            | Cracker Barrel Old Country Store Inc       | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |    1326986 | NS      | $33705444.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| UniFirst Corp/MA                          | UniFirst Corp/MA                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     868294 | NS      | $167493912.60  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| ManpowerGroup Inc                         | ManpowerGroup Inc                          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |    2759279 | NS      | $82033364.67   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co                    | Victoria's Secret & Co                     | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    4779038 | NS      | $258880488.46  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Marriott Vacations Worldwide C            | Marriott Vacations Worldwide Corp          | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |    1650454 | NS      | $95214691.26   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp                         | FB Financial Corp                          | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |    2405881 | NS      | $134248159.80  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                       | WSFS Financial Corp                        | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    3266196 | NS      | $180424667.04  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                              | Innospec Inc                               | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |    1476928 | NS      | $113044069.12  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp                 | Phibro Animal Health Corp                  | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |    1218512 | NS      | $45523608.32   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Payoneer Global Inc                       | Payoneer Global Inc                        | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |   16779043 | NS      | $94298221.66   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                       | Signet Jewelers Ltd                        | CUSIP: 000000000<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | US        |    2445125 | NS      | $202651960.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                            | Ziff Davis Inc                             | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    2354493 | NS      | $82760428.95   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| LCI Industries                            | LCI Industries                             | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |    1442499 | NS      | $175032828.66  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MARA Holdings Inc                         | MARA Holdings Inc                          | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |   22595348 | NS      | $202906225.04  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Under Armour Inc                          | Under Armour Inc                           | CUSIP: 904311206<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |    7052796 | NS      | $33853420.80   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Shake Shack Inc                           | Shake Shack Inc                            | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |    2399681 | NS      | $194782106.77  | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| National Bank Holdings Corp               | National Bank Holdings Corp                | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2259264 | NS      | $85874624.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings Inc                    | Employers Holdings Inc                     | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1343385 | NS      | $57993930.45   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials In            | Solstice Advanced Materials Inc            | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |    9463139 | NS      | $459719292.62  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                           | ICU Medical Inc                            | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |    1472849 | NS      | $210131366.83  | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Mercury General Corp                      | Mercury General Corp                       | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |    1584838 | NS      | $149069862.28  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media Inc                        | Outfront Media Inc                         | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |    8707394 | NS      | $209848195.40  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Financial Corp                     | Beacon Financial Corp                      | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |    5026373 | NS      | $132545456.01  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                          | Badger Meter Inc                           | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |    1756930 | NS      | $306426161.30  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Liberty Energy Inc                        | Liberty Energy Inc                         | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    9655134 | NS      | $178233773.64  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                 | Gates Industrial Corp PLC                  | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |   15398004 | NS      | $330595145.88  | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Jackson Financial Inc                     | Jackson Financial Inc                      | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |    1566047 | NS      | $167018912.55  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                       | Meritage Homes Corp                        | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |    4197410 | NS      | $276189578.00  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                 | Hertz Global Holdings Inc                  | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |    7467939 | NS      | $38385206.46   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| ANI Pharmaceuticals Inc                   | ANI Pharmaceuticals Inc                    | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |    1071467 | NS      | $84581604.98   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Acadian Asset Management Inc              | Acadian Asset Management Inc               | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |    1574821 | NS      | $74016587.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                  | Moog Inc                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |    1694613 | NS      | $412722996.15  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort Inc               | Monarch Casino & Resort Inc                | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |     739602 | NS      | $70779911.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| California Water Service Group            | California Water Service Group             | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |    3552269 | NS      | $153919815.77  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc                     | TransMedics Group Inc                      | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |    2037299 | NS      | $247837423.35  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Pathward Financial Inc                    | Pathward Financial Inc                     | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |    1362287 | NS      | $96722377.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Integer Holdings Corp                     | Integer Holdings Corp                      | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |    2088658 | NS      | $163813446.94  | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| JetBlue Airways Corp                      | JetBlue Airways Corp                       | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |   17341358 | NS      | $78903178.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Topgolf Callaway Brands Corp              | Topgolf Callaway Brands Corp               | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |    8329669 | NS      | $97207237.23   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Yelp Inc                                  | Yelp Inc                                   | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    3481963 | NS      | $105816855.57  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| PROG Holdings Inc                         | PROG Holdings Inc                          | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |    2356755 | NS      | $69500704.95   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                         | DXC Technology Co                          | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |   10380306 | NS      | $152071482.90  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Under Armour Inc                          | Under Armour Inc                           | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |   11252465 | NS      | $55924751.05   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Upbound Group Inc                         | Upbound Group Inc                          | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    3105533 | NS      | $54533159.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp                      | SL Green Realty Corp                       | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |    4234091 | NS      | $194217754.17  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc                    | Trinity Industries Inc                     | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |    4779478 | NS      | $126369398.32  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytek Biosciences Inc                     | Cytek Biosciences Inc                      | CUSIP: 23285D109<br>LEI: 549300K2J28BOC6FBO89 | Long             | EC               | CORP              | US        |    6633539 | NS      | $33499371.95   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Embecta Corp                              | Embecta Corp                               | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |    3550532 | NS      | $42180320.16   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                      | Warrior Met Coal Inc                       | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |    2470246 | NS      | $217801589.82  | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| M/I Homes Inc                             | M/I Homes Inc                              | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |    1566310 | NS      | $200409364.50  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Chemours Co/The                           | Chemours Co/The                            | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |    8934282 | NS      | $105335184.78  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc                 | Ethan Allen Interiors Inc                  | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1412887 | NS      | $32270339.08   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp                 | Albany International Corp                  | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |    1710526 | NS      | $86723668.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp                       | Peabody Energy Corp                        | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |    7284121 | NS      | $216338393.70  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Veracyte Inc                              | Veracyte Inc                               | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |    4712387 | NS      | $198391492.70  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Genworth Financial Inc                    | Genworth Financial Inc                     | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |   23464697 | NS      | $211886213.91  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                       | Federal Signal Corp                        | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |    3625341 | NS      | $393675779.19  | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Benchmark Electronics Inc                 | Benchmark Electronics Inc                  | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |    2126541 | NS      | $90930893.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                             | MYR Group Inc                              | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     925398 | NS      | $202199463.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Lease Corp                            | Air Lease Corp                             | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    6263456 | NS      | $402301778.88  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T Bancorp Inc                           | S&T Bancorp Inc                            | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    2278178 | NS      | $89646304.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Schrodinger Inc/United States             | Schrodinger Inc/United States              | CUSIP: 80810D103<br>LEI: 984500044BAE4791E559 | Long             | EC               | CORP              | US        |    3343942 | NS      | $59789682.96   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Hilltop Holdings Inc                      | Hilltop Holdings Inc                       | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |    2558688 | NS      | $86841870.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co Inc                  | Acadia Healthcare Co Inc                   | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |    5549206 | NS      | $78743233.14   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Agilysys Inc                              | Agilysys Inc                               | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |    1512750 | NS      | $179775210.00  | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| GOLDMAN SACHS & CO. LLC                   | TRS CFD EQUITY BASKET                      | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |          1 | NC      | $-5834472.13   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AdaptHealth Corp                          | AdaptHealth Corp                           | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6395222 | NS      | $63696411.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Itron Inc                                 | Itron Inc                                  | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |    2730464 | NS      | $253550887.04  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Cohu Inc                                  | Cohu Inc                                   | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    2782551 | NS      | $64749961.77   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| GEO Group Inc/The                         | GEO Group Inc/The                          | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |    8149865 | NS      | $131375823.80  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                          | Interparfums Inc                           | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1089337 | NS      | $92408457.71   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                   | Enerpac Tool Group Corp                    | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |    3158051 | NS      | $120763870.24  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Madison Square Garden Sports C            | Madison Square Garden Sports Corp          | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1071162 | NS      | $277056051.30  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Werner Enterprises Inc                    | Werner Enterprises Inc                     | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |    3566182 | NS      | $107021121.82  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties Inc             | Armada Hoffler Properties Inc              | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |    4776307 | NS      | $31619152.34   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group Inc                             | HCI Group Inc                              | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |     640218 | NS      | $122723388.42  | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Viavi Solutions Inc                       | Viavi Solutions Inc                        | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |   13354504 | NS      | $237977261.28  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Box Inc                                   | Box Inc                                    | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |    8637474 | NS      | $258346847.34  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Brinker International Inc                 | Brinker International Inc                  | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |    2648898 | NS      | $380169840.96  | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Installed Building Products In            | Installed Building Products Inc            | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |    1350247 | NS      | $350240569.33  | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| St Joe Co/The                             | St Joe Co/The                              | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    2375077 | NS      | $141008321.49  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc                      | Astec Industries Inc                       | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |    1363216 | NS      | $59054517.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Terreno Realty Corp                       | Terreno Realty Corp                        | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    6164196 | NS      | $361899947.16  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                              | SM Energy Co                               | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    6828277 | NS      | $127688779.90  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                | Kadant Inc                                 | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |     703834 | NS      | $200606766.68  | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Leggett & Platt Inc                       | Leggett & Platt Inc                        | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |    8072152 | NS      | $88793672.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties Inc                        | LTC Properties Inc                         | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |    2837943 | NS      | $97568480.34   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                          | StoneX Group Inc                           | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |    2768254 | NS      | $263344003.02  | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| CarMax Inc                                | CarMax Inc                                 | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    8754535 | NS      | $338275232.40  | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Golden Entertainment Inc                  | Golden Entertainment Inc                   | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |    1169761 | NS      | $31805801.59   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                    | Marcus & Millichap Inc                     | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |    1437521 | NS      | $39229948.09   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp                       | Bank of Hawaii Corp                        | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |    2367269 | NS      | $161850181.53  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc                     | Heartland Express Inc                      | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |    2793674 | NS      | $25226876.22   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc                        | Champion Homes Inc                         | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3330058 | NS      | $281389901.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| RPC Inc                                   | RPC Inc                                    | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    5298875 | NS      | $28825880.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                       | CSW Industrials Inc                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     994848 | NS      | $292017733.44  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Tanger Inc                                | Tanger Inc                                 | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |    6862276 | NS      | $228994150.12  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                           | TripAdvisor Inc                            | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |    7021208 | NS      | $102228788.48  | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Central Garden & Pet Co                   | Central Garden & Pet Co                    | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |    3076516 | NS      | $89803502.04   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| ESCO Technologies Inc                     | ESCO Technologies Inc                      | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |    1539608 | NS      | $300824007.12  | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Vicor Corp                                | Vicor Corp                                 | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |    1354246 | NS      | $148425361.60  | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Masterbrand Inc                           | Masterbrand Inc                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    7556066 | NS      | $83418968.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Virtus Investment Partners Inc            | Virtus Investment Partners Inc             | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |     378337 | NS      | $61725681.55   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                               | Certara Inc                                | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7118473 | NS      | $62713747.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CVR Energy Inc                            | CVR Energy Inc                             | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |    1822627 | NS      | $46367630.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PDF Solutions Inc                         | PDF Solutions Inc                          | CUSIP: 693282105<br>LEI: 549300GMSP6MROFBI160 | Long             | EC               | CORP              | US        |    1936576 | NS      | $55250513.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| BGC Group Inc                             | BGC Group Inc                              | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |   21418699 | NS      | $191268982.07  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp                     | Lincoln National Corp                      | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    8547054 | NS      | $380600314.62  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp                   | Perdoceo Education Corp                    | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |    3611877 | NS      | $105936352.41  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                              | Knowles Corp                               | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    5075531 | NS      | $108768629.33  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                            | Kennametal Inc                             | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |    4535748 | NS      | $128860600.68  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp                               | Kohl's Corp                                | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |    6680757 | NS      | $136354250.37  | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Assured Guaranty Ltd                      | Assured Guaranty Ltd                       | CUSIP: 000000000<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |    2582635 | NS      | $232101407.45  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc                       | Krystal Biotech Inc                        | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |    1538643 | NS      | $379337045.22  | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Deluxe Corp                               | Deluxe Corp                                | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |    2682084 | NS      | $59890935.72   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc               | Asbury Automotive Group Inc                | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |    1159001 | NS      | $269502502.53  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Kaiser Aluminum Corp                      | Kaiser Aluminum Corp                       | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     956964 | NS      | $109916885.04  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                    | Schneider National Inc                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |    2969558 | NS      | $78782373.74   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                           | Q2 Holdings Inc                            | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |    3727811 | NS      | $268998841.76  | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Winnebago Industries Inc                  | Winnebago Industries Inc                   | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |    1680969 | NS      | $68112863.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications             | Shenandoah Telecommunications Co           | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |    2781865 | NS      | $32158359.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Preferred Bank/Los Angeles CA             | Preferred Bank/Los Angeles CA              | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |     546812 | NS      | $51635457.16   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Two Harbors Investment Corp               | Two Harbors Investment Corp                | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |    6207078 | NS      | $65174319.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer