# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0000940400-26-007530
**Filing Date:** 2026-2
**Character Count:** 69855
**Document Hash:** 6b12f3140d52df6681d0ce22915ccd81
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007530.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007530

**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:** 26675593

**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 MSCI USA Quality GARP ETF (Series ID: S000066849)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000215209 | iShares MSCI USA Quality GARP ETF | GARP            |

## Nport-Ex

Schedule of Investments (unaudited)

December 31, 2025

**iShares® MSCI USA Quality GARP 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 — 2.5%** | **Aerospace & Defense — 2.5%** | **Aerospace & Defense — 2.5%** |
| Axon Enterprise, Inc.<sup>(a)</sup> | 957 | $543509 |
| Boeing Co. (The)<sup>(a)</sup> | 9645 | 2094123 |
| General Electric Co. | 40575 | 12498317 |
| HEICO Corp. | 3943 | 1275915 |
| Howmet Aerospace, Inc. | 34194 | 7010454 |
| Rocket Lab Corp.<sup>(a)(b)</sup> | 16737 | 1167573 |
|  |  | 24589891 |
| **Automobile Components — 0.3%** | **Automobile Components — 0.3%** | **Automobile Components — 0.3%** |
| Aptiv PLC<sup>(a)</sup> | 38887 | 2958912 |
| **Banks — 0.1%** | **Banks — 0.1%** | **Banks — 0.1%** |
| Citizens Financial Group, Inc. | 10996 | 642276 |
| **Biotechnology — 1.7%** | **Biotechnology — 1.7%** | **Biotechnology — 1.7%** |
| Alnylam Pharmaceuticals, Inc.<sup>(a)</sup> | 1666 | 662485 |
| Gilead Sciences, Inc. | 31661 | 3886071 |
| Incyte Corp.<sup>(a)</sup> | 12714 | 1255762 |
| Natera, Inc.<sup>(a)</sup> | 4991 | 1143388 |
| Neurocrine Biosciences, Inc.<sup>(a)</sup> | 7590 | 1076490 |
| Vertex Pharmaceuticals, Inc.<sup>(a)</sup> | 19625 | 8897190 |
|  |  | 16921386 |
| **Broadline Retail — 1.7%** | **Broadline Retail — 1.7%** | **Broadline Retail — 1.7%** |
| Amazon.com, Inc.<sup>(a)</sup> | 61225 | 14131954 |
| MercadoLibre, Inc.<sup>(a)</sup> | 1164 | 2344599 |
|  |  | 16476553 |
| **Capital Markets — 0.9%** | **Capital Markets — 0.9%** | **Capital Markets — 0.9%** |
| Ares Management Corp., Class A | 5505 | 889773 |
| Charles Schwab Corp. (The) | 44004 | 4396440 |
| KKR & Co., Inc., Class A | 15920 | 2029482 |
| LPL Financial Holdings, Inc. | 2041 | 728984 |
| Robinhood Markets, Inc., Class A<sup>(a)</sup> | 9381 | 1060991 |
|  |  | 9105670 |
| **Communications Equipment — 1.7%** | **Communications Equipment — 1.7%** | **Communications Equipment — 1.7%** |
| Arista Networks, Inc.<sup>(a)</sup> | 109448 | 14340971 |
| Ciena Corp.<sup>(a)</sup> | 9632 | 2252636 |
|  |  | 16593607 |
| **Construction & Engineering — 1.9%** | **Construction & Engineering — 1.9%** | **Construction & Engineering — 1.9%** |
| Comfort Systems U.S.A., Inc. | 6290 | 5870394 |
| EMCOR Group, Inc. | 8002 | 4895544 |
| Quanta Services, Inc. | 19007 | 8022094 |
|  |  | 18788032 |
| **Consumer Finance — 1.6%** | **Consumer Finance — 1.6%** | **Consumer Finance — 1.6%** |
| American Express Co. | 42623 | 15768379 |
| SoFi Technologies, Inc.<sup>(a)</sup> | 15280 | 400030 |
|  |  | 16168409 |
| **Electric Utilities — 0.1%** | **Electric Utilities — 0.1%** | **Electric Utilities — 0.1%** |
| Constellation Energy Corp.<sup>(b)</sup> | 3976 | 1404602 |
| **Electrical Equipment — 1.0%** | **Electrical Equipment — 1.0%** | **Electrical Equipment — 1.0%** |
| Bloom Energy Corp., Class A<sup>(a)</sup> | 8509 | 739347 |
| GE Vernova, Inc. | 6939 | 4535122 |
| Vertiv Holdings Co., Class A | 27763 | 4497884 |
|  |  | 9772353 |
| **Electronic Equipment, Instruments & Components — 0.7%** | **Electronic Equipment, Instruments & Components — 0.7%** | **Electronic Equipment, Instruments & Components — 0.7%** |
| Amphenol Corp., Class A | 41704 | 5635878 |
| Jabil, Inc. | 7331 | 1671615 |
|  |  | 7307493 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Entertainment — 0.6%** | **Entertainment — 0.6%** | **Entertainment — 0.6%** |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp. - Liberty Formula One, Class C, <br> NVS<sup>(a)</sup><br>| 3240 | $319172 |
| Live Nation Entertainment, Inc.<sup>(a)</sup> | 2164 | 308370 |
| Netflix, Inc.<sup>(a)</sup> | 56527 | 5299972 |
|  |  | 5927514 |
| **Financial Services — 6.0%** | **Financial Services — 6.0%** | **Financial Services — 6.0%** |
| Affirm Holdings, Inc., Class A<sup>(a)</sup> | 3448 | 256635 |
| Block, Inc., Class A<sup>(a)</sup> | 14019 | 912497 |
| Corpay, Inc.<sup>(a)</sup> | 1708 | 513988 |
| Fiserv, Inc.<sup>(a)</sup> | 13878 | 932185 |
| Mastercard, Inc., Class A | 32632 | 18628956 |
| Rocket Cos., Inc., Class A | 11713 | 226764 |
| Toast, Inc., Class A<sup>(a)</sup> | 17566 | 623769 |
| Visa, Inc., Class A | 108352 | 38000130 |
|  |  | 60094924 |
| **Ground Transportation — 2.1%** | **Ground Transportation — 2.1%** | **Ground Transportation — 2.1%** |
| Uber Technologies, Inc.<sup>(a)</sup> | 252740 | 20651385 |
| **Health Care Equipment & Supplies — 2.5%** | **Health Care Equipment & Supplies — 2.5%** | **Health Care Equipment & Supplies — 2.5%** |
| Boston Scientific Corp.<sup>(a)</sup> | 113424 | 10814979 |
| Dexcom, Inc.<sup>(a)</sup> | 30028 | 1992958 |
| IDEXX Laboratories, Inc.<sup>(a)</sup> | 14284 | 9663555 |
| Insulet Corp.<sup>(a)</sup> | 900 | 255816 |
| ResMed, Inc. | 11174 | 2691481 |
|  |  | 25418789 |
| **Health Care Providers & Services — 0.3%** | **Health Care Providers & Services — 0.3%** | **Health Care Providers & Services — 0.3%** |
| McKesson Corp. | 3170 | 2600319 |
| **Health Care REITs — 0.2%** | **Health Care REITs — 0.2%** | **Health Care REITs — 0.2%** |
| Welltower, Inc. | 8535 | 1584181 |
| **Hotels, Restaurants & Leisure — 6.1%** | **Hotels, Restaurants & Leisure — 6.1%** | **Hotels, Restaurants & Leisure — 6.1%** |
| Airbnb, Inc., Class A<sup>(a)</sup> | 76627 | 10399816 |
| Booking Holdings, Inc. | 823 | 4407437 |
| Carnival Corp.<sup>(a)</sup> | 26799 | 818442 |
| Chipotle Mexican Grill, Inc.<sup>(a)</sup> | 119739 | 4430343 |
| DoorDash, Inc., Class A<sup>(a)</sup> | 34125 | 7728630 |
| DraftKings, Inc., Class A<sup>(a)</sup> | 39907 | 1375195 |
| Expedia Group, Inc. | 21111 | 5980957 |
| Flutter Entertainment PLC<sup>(a)</sup> | 29843 | 6417439 |
| Hilton Worldwide Holdings, Inc. | 3006 | 863474 |
| Hyatt Hotels Corp., Class A | 7557 | 1211538 |
| Las Vegas Sands Corp. | 55179 | 3591601 |
| Marriott International, Inc., Class A | 2945 | 913657 |
| Royal Caribbean Cruises Ltd. | 46096 | 12857096 |
|  |  | 60995625 |
| **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** |
| Vistra Corp. | 43214 | 6971715 |
| **Insurance — 0.0%** | **Insurance — 0.0%** | **Insurance — 0.0%** |
| Everest Group Ltd. | 1086 | 368534 |
| **Interactive Media & Services — 10.9%** | **Interactive Media & Services — 10.9%** | **Interactive Media & Services — 10.9%** |
| Alphabet, Inc., Class A | 111264 | 34825632 |
| Alphabet, Inc., Class C, NVS | 62313 | 19553819 |
| Meta Platforms, Inc., Class A | 81799 | 53994702 |
| Pinterest, Inc., Class A<sup>(a)</sup> | 15975 | 413593 |
| Reddit, Inc., Class A<sup>(a)</sup> | 1557 | 357908 |
|  |  | 109145654 |
| **IT Services — 0.7%** | **IT Services — 0.7%** | **IT Services — 0.7%** |
| Cloudflare, Inc., Class A<sup>(a)</sup> | 10697 | 2108914 |
| GoDaddy, Inc., Class A<sup>(a)</sup> | 9463 | 1174169 |

---

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® MSCI USA Quality GARP ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **IT Services (continued)** | **IT Services (continued)** | **IT Services (continued)** |
| Okta, Inc., Class A<sup>(a)(b)</sup> | 11513 | $995529 |
| Snowflake, Inc., Class A<sup>(a)</sup> | 10981 | 2408792 |
|  |  | 6687404 |
| **Media — 0.0%** | **Media — 0.0%** | **Media — 0.0%** |
| Trade Desk, Inc. (The), Class A<sup>(a)</sup> | 6813 | 258622 |
| **Metals & Mining — 0.6%** | **Metals & Mining — 0.6%** | **Metals & Mining — 0.6%** |
| Freeport-McMoRan, Inc. | 18306 | 929762 |
| Newmont Corp. | 42053 | 4198992 |
| Steel Dynamics, Inc. | 5358 | 907913 |
|  |  | 6036667 |
| **Oil, Gas & Consumable Fuels — 2.4%** | **Oil, Gas & Consumable Fuels — 2.4%** | **Oil, Gas & Consumable Fuels — 2.4%** |
| Cheniere Energy, Inc. | 2794 | 543126 |
| Coterra Energy, Inc. | 136306 | 3587574 |
| EQT Corp. | 111471 | 5974846 |
| Expand Energy Corp. | 30375 | 3352185 |
| Marathon Petroleum Corp. | 3884 | 631655 |
| Phillips 66 | 25778 | 3326393 |
| Targa Resources Corp. | 8238 | 1519911 |
| Texas Pacific Land Corp.<sup>(b)</sup> | 5229 | 1501873 |
| Valero Energy Corp. | 23783 | 3871634 |
|  |  | 24309197 |
| **Passenger Airlines — 0.2%** | **Passenger Airlines — 0.2%** | **Passenger Airlines — 0.2%** |
| Delta Air Lines, Inc. | 12487 | 866598 |
| United Airlines Holdings, Inc.<sup>(a)</sup> | 6198 | 693060 |
|  |  | 1559658 |
| **Pharmaceuticals — 3.6%** | **Pharmaceuticals — 3.6%** | **Pharmaceuticals — 3.6%** |
| Bristol-Myers Squibb Co. | 51940 | 2801644 |
| Eli Lilly & Co. | 30792 | 33091546 |
|  |  | 35893190 |
| **Professional Services — 0.3%** | **Professional Services — 0.3%** | **Professional Services — 0.3%** |
| Jacobs Solutions, Inc. | 15251 | 2020148 |
| Paycom Software, Inc. | 9040 | 1440614 |
|  |  | 3460762 |
| **Real Estate Management & Development — 0.5%** | **Real Estate Management & Development — 0.5%** | **Real Estate Management & Development — 0.5%** |
| CoStar Group, Inc.<sup>(a)</sup> | 37836 | 2544092 |
| Zillow Group, Inc., Class C, NVS<sup>(a)</sup> | 29894 | 2039369 |
|  |  | 4583461 |
| **Residential REITs — 0.0%** | **Residential REITs — 0.0%** | **Residential REITs — 0.0%** |
| UDR, Inc. | 8041 | 294944 |
| **Semiconductors & Semiconductor Equipment — 24.1%** | **Semiconductors & Semiconductor Equipment — 24.1%** | **Semiconductors & Semiconductor Equipment — 24.1%** |
| Advanced Micro Devices, Inc.<sup>(a)</sup> | 55427 | 11870246 |
| Astera Labs, Inc.<sup>(a)</sup> | 4550 | 756938 |
| Broadcom, Inc. | 140226 | 48532219 |
| Credo Technology Group Holding Ltd.<sup>(a)</sup> | 5321 | 765639 |
| First Solar, Inc.<sup>(a)</sup> | 6953 | 1816332 |
| KLA Corp. | 41543 | 50478069 |
| Lam Research Corp. | 258398 | 44232570 |
| Marvell Technology, Inc. | 58884 | 5003962 |
| Microchip Technology, Inc. | 36858 | 2348592 |
| Micron Technology, Inc. | 76662 | 21880101 |
| Monolithic Power Systems, Inc. | 4901 | 4442070 |
| NVIDIA Corp. | 257046 | 47939079 |
|  |  | 240065817 |
| **Software — 17.3%** | **Software — 17.3%** | **Software — 17.3%** |
| Adobe, Inc.<sup>(a)</sup> | 142959 | 50034221 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
| AppLovin Corp., Class A<sup>(a)</sup> | 7877 | $5307680 |
| Atlassian Corp., Class A<sup>(a)</sup> | 5688 | 922252 |
| Autodesk, Inc.<sup>(a)</sup> | 14541 | 4304282 |
| Cadence Design Systems, Inc.<sup>(a)</sup> | 9301 | 2907307 |
| Crowdstrike Holdings, Inc., Class A<sup>(a)</sup> | 8576 | 4020086 |
| Datadog, Inc., Class A<sup>(a)</sup> | 10484 | 1425719 |
| Docusign, Inc.<sup>(a)</sup> | 13733 | 939337 |
| Dynatrace, Inc.<sup>(a)</sup> | 20601 | 892847 |
| Fair Isaac Corp.<sup>(a)</sup> | 815 | 1377855 |
| Fortinet, Inc.<sup>(a)</sup> | 311415 | 24729465 |
| HubSpot, Inc.<sup>(a)</sup> | 1706 | 684618 |
| Microsoft Corp. | 97449 | 47128285 |
| Nutanix, Inc., Class A<sup>(a)</sup> | 8719 | 450685 |
| Palantir Technologies, Inc., Class A<sup>(a)</sup> | 77724 | 13815441 |
| Palo Alto Networks, Inc.<sup>(a)</sup> | 23114 | 4257599 |
| Samsara, Inc., Class A<sup>(a)</sup> | 11863 | 420543 |
| ServiceNow, Inc.<sup>(a)</sup> | 35546 | 5445292 |
| Workday, Inc., Class A<sup>(a)</sup> | 14812 | 3181321 |
| Zscaler, Inc.<sup>(a)</sup> | 3514 | 790369 |
|  |  | 173035204 |
| **Specialized REITs — 0.1%** | **Specialized REITs — 0.1%** | **Specialized REITs — 0.1%** |
| Crown Castle, Inc. | 11109 | 987257 |
| **Specialty Retail — 0.7%** | **Specialty Retail — 0.7%** | **Specialty Retail — 0.7%** |
| Burlington Stores, Inc.<sup>(a)</sup> | 5634 | 1627381 |
| Carvana Co., Class A<sup>(a)</sup> | 1667 | 703507 |
| Ulta Beauty, Inc.<sup>(a)</sup> | 8016 | 4849760 |
|  |  | 7180648 |
| **Technology Hardware, Storage & Peripherals — 5.4%** | **Technology Hardware, Storage & Peripherals — 5.4%** | **Technology Hardware, Storage & Peripherals — 5.4%** |
| Apple Inc. | 182149 | 49519027 |
| Dell Technologies, Inc., Class C | 22157 | 2789123 |
| Super Micro Computer, Inc.<sup>(a)</sup> | 36526 | 1069116 |
|  |  | 53377266 |
| **Textiles, Apparel & Luxury Goods — 0.4%** | **Textiles, Apparel & Luxury Goods — 0.4%** | **Textiles, Apparel & Luxury Goods — 0.4%** |
| Lululemon Athletica, Inc.<sup>(a)</sup> | 19246 | 3999511 |
| **Total Long-Term Investments — 99.9%** <br>**(Cost: $943,036,928)** | **Total Long-Term Investments — 99.9%** <br>**(Cost: $943,036,928)** | 996217432 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.6%** | **Money Market Funds — 0.6%** | **Money Market Funds — 0.6%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 3.89%<sup>(c)(d)(e)</sup><br>| 5095560 | 5098107 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 3.72%<sup>(c)(d)</sup><br>| 1056256 | 1056256 |
| **Total Short-Term Securities — 0.6%** <br>**(Cost: $6,154,325)** | **Total Short-Term Securities — 0.6%** <br>**(Cost: $6,154,325)** | 6154363 |
| **Total Investments — 100.5%** <br>**(Cost: $949,191,253)** | **Total Investments — 100.5%** <br>**(Cost: $949,191,253)** | 1002371795 |
| **Liabilities in Excess of Other Assets — (0.5)%** | **Liabilities in Excess of Other Assets — (0.5)%** | (5001694)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $997370101 |

---

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

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

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

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

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

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

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® MSCI USA Quality GARP ETF**

**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>| *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; BlackRock Cash Funds: Institutional, SL <br> Agency Shares<br>| &nbsp;&nbsp; $2182991<br>&nbsp;&nbsp; $2913388 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $1690 | &nbsp;&nbsp; $38 | &nbsp;&nbsp; $5098107 | &nbsp;&nbsp; 5095560 | &nbsp;&nbsp; $6998 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp; 255937<br>&nbsp;&nbsp; 800319 <br><sup>(a)</sup><br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1056256 | &nbsp;&nbsp; 1056256 | &nbsp;&nbsp; 31536 | &nbsp;&nbsp; — |
|  |  |  | &nbsp;&nbsp; $1690 | &nbsp;&nbsp; $38 | &nbsp;&nbsp; $6154363 |  | &nbsp;&nbsp; $38534 | &nbsp;&nbsp; $— |

---

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

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

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

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Micro E-Mini Nasdaq 100 Index | 17 | 03/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; $866 | &nbsp;&nbsp;&nbsp;&nbsp; $(17554)<br>|

---

**Fair Value Hierarchy as of Period End**

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

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

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

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

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

------

Schedule of Investments (unaudited) (continued)

December 31, 2025

**iShares® MSCI USA Quality GARP ETF**

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

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; $996217432 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $996217432 |
| &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; 6154363 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6154363 |
|  | &nbsp;&nbsp; $1002371795 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1002371795 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $(17554)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(17554)<br>|

---

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

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

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| 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 MSCI USA Quality GARP ETF

- **b. EDGAR series identifier (if any):** S000066849

- **c. LEI of Series:** 549300VBDBUH4U9NVV64

**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:** $1002628063.14

**Total Liabilities:** $5258069.44

**Net Assets:** $997369993.70

**Cash Not Reported:** $64000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215209 | 4.78%                | -1.57%               | 0.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $37.08                   | $50160035.23                               |
| Month 2  | $36380586.95             | $-63701881.02                              |
| Month 3  | $21162922.82             | $-17956677.04                              |

### 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. | NASD100 MICRO EMIN                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        17 | NC      | $-17553.86    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc              | Arista Networks Inc                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    109448 | NS      | $14340971.44  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                      | Phillips 66                            | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     25778 | NS      | $3326393.12   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS             | BLACKROCK CASH FUNDS                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1056256 | NS      | $1056255.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                   | ServiceNow Inc                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     35546 | NS      | $5445291.74   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp          | Marathon Petroleum Corp                | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      3884 | NS      | $631654.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                       | ResMed Inc                             | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     11174 | NS      | $2691481.38   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                    | Amphenol Corp                          | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     41704 | NS      | $5635878.56   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc            | Robinhood Markets Inc                  | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      9381 | NS      | $1060991.10   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                    | Dynatrace Inc                          | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     20601 | NS      | $892847.34    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                  | Rocket Lab Corp                        | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16737 | NS      | $1167573.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Jacobs Solutions Inc             | Jacobs Solutions Inc                   | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     15251 | NS      | $2020147.46   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc          | Lululemon Athletica Inc                | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |     19246 | NS      | $3999511.26   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                   | Microsoft Corp                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     97449 | NS      | $47128285.38  | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                   | GE Vernova Inc                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      6939 | NS      | $4535122.23   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | Broadcom Inc                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    140226 | NS      | $48532218.60  | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc           | Marvell Technology Inc                 | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58884 | NS      | $5003962.32   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc       | Vertex Pharmaceuticals Inc             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     19625 | NS      | $8897190.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                      | Workday Inc                            | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     14812 | NS      | $3181321.36   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc              | Gilead Sciences Inc                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     31661 | NS      | $3886071.14   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                        | Block Inc                              | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     14019 | NS      | $912496.71    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                        | Aptiv PLC                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     38887 | NS      | $2958911.83   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                     | Autodesk Inc                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     14541 | NS      | $4304281.41   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                      | Incyte Corp                            | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     12714 | NS      | $1255761.78   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc       | LPL Financial Holdings Inc             | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      2041 | NS      | $728983.97    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For   | Liberty Media Corp-Liberty Formula One | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3240 | NS      | $319172.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc           | Palo Alto Networks Inc                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     23114 | NS      | $4257598.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                  | Ulta Beauty Inc                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      8016 | NS      | $4849760.16   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                    | Snowflake Inc                          | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     10981 | NS      | $2408792.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                    | Pinterest Inc                          | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     15975 | NS      | $413592.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                      | HubSpot Inc                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      1706 | NS      | $684617.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                     | KKR & Co Inc                           | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     15920 | NS      | $2029481.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                 | Crown Castle Inc                       | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     11109 | NS      | $987256.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp             | Ares Management Corp                   | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |      5505 | NS      | $889773.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc       | Neurocrine Biosciences Inc             | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      7590 | NS      | $1076489.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp                | Hyatt Hotels Corp                      | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      7557 | NS      | $1211538.24   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co          | Bristol-Myers Squibb Co                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     51940 | NS      | $2801643.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                 | Zillow Group Inc                       | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |     29894 | NS      | $2039368.68   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                    | McKesson Corp                          | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      3170 | NS      | $2600319.30   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK GLOBAL                 | BLACKROCK GLOBAL                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   5117121 | NS      | $5119679.24   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc         | Super Micro Computer Inc               | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     36526 | NS      | $1069116.02   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                         | KLA Corp                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     41543 | NS      | $50478068.44  | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                        | Adobe Inc                              | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    142959 | NS      | $50034220.41  | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc       | Chipotle Mexican Grill Inc             | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |    119739 | NS      | $4430343.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc       | Advanced Micro Devices Inc             | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     55427 | NS      | $11870246.32  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc         | Crowdstrike Holdings Inc               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      8576 | NS      | $4020085.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                | Lam Research Corp                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    258398 | NS      | $44232569.64  | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                   | Mastercard Inc                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     32632 | NS      | $18628956.16  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                        | Jabil Inc                              | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      7331 | NS      | $1671614.62   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                      | Vistra Corp                            | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     43214 | NS      | $6971714.62   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp           | Boston Scientific Corp                 | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    113424 | NS      | $10814978.40  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                      | Netflix Inc                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     56527 | NS      | $5299971.52   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc     | United Airlines Holdings Inc           | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      6198 | NS      | $693060.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc    | Hilton Worldwide Holdings Inc          | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      3006 | NS      | $863473.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                  | Astera Labs Inc                        | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |      4550 | NS      | $756938.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc          | Comfort Systems USA Inc                | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      6290 | NS      | $5870394.10   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                | Expedia Group Inc                      | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21111 | NS      | $5980957.41   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc              | Quanta Services Inc                    | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     19007 | NS      | $8022094.42   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp          | Texas Pacific Land Corp                | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5229 | NS      | $1501873.38   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Coterra Energy Inc               | Coterra Energy Inc                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    136306 | NS      | $3587573.92   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                    | Carnival Corp                          | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |     26799 | NS      | $818441.46    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                       | Dexcom Inc                             | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     30028 | NS      | $1992958.36   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                       | Airbnb Inc                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     76627 | NS      | $10399816.44  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc             | Booking Holdings Inc                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       823 | NS      | $4407436.59   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc           | IDEXX Laboratories Inc                 | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     14284 | NS      | $9663554.52   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                     | Newmont Corp                           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     42053 | NS      | $4198992.05   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                  | EMCOR Group Inc                        | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      8002 | NS      | $4895543.58   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                | Everest Group Ltd                      | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      1086 | NS      | $368534.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc       | Cadence Design Systems Inc             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      9301 | NS      | $2907306.58   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                         | Visa Inc                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    108352 | NS      | $38000129.92  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                       | Corpay Inc                             | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      1708 | NS      | $513988.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                       | Carvana Co                             | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      1667 | NS      | $703507.34    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc              | Axon Enterprise Inc                    | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       957 | NS      | $543509.01    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                   | Amazon.com Inc                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     61225 | NS      | $14131954.50  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                          | UDR Inc                                | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |      8041 | NS      | $294943.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp        | Constellation Energy Corp              | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      3976 | NS      | $1404601.52   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| GoDaddy Inc                      | GoDaddy Inc                            | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      9463 | NS      | $1174169.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                | Bloom Energy Corp                      | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      8509 | NS      | $739347.01    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                       | HEICO Corp                             | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      3943 | NS      | $1275915.37   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp               | Valero Energy Corp                     | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     23783 | NS      | $3871634.57   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc            | SoFi Technologies Inc                  | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |     15280 | NS      | $400030.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc             | Howmet Aerospace Inc                   | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     34194 | NS      | $7010453.88   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                         | EQT Corp                               | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    111471 | NS      | $5974845.60   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD    | Marriott International Inc/MD          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |      2945 | NS      | $913656.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                        | Toast Inc                              | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |     17566 | NS      | $623768.66    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc      | Alnylam Pharmaceuticals Inc            | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      1666 | NS      | $662484.90    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                       | Reddit Inc                             | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |      1557 | NS      | $357907.59    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                   | Rocket Cos Inc                         | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11713 | NS      | $226763.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc     | Citizens Financial Group Inc           | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     10996 | NS      | $642276.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp               | Expand Energy Corp                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     30375 | NS      | $3352185.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co              | American Express Co                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     42623 | NS      | $15768378.85  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc              | Cheniere Energy Inc                    | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      2794 | NS      | $543125.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                      | NVIDIA Corp                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    257046 | NS      | $47939079.00  | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                     | Fortinet Inc                           | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    311415 | NS      | $24729465.15  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding   | Credo Technology Group Holding Ltd     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5321 | NS      | $765638.69    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc              | Paycom Software Inc                    | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      9040 | NS      | $1440614.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                 | MercadoLibre Inc                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      1164 | NS      | $2344598.64   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                   | Cloudflare Inc                         | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     10697 | NS      | $2108913.55   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                     | Alphabet Inc                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    111264 | NS      | $34825632.00  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | Meta Platforms Inc                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     81799 | NS      | $53994701.91  | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                      | Nutanix Inc                            | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      8719 | NS      | $450685.11    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                     | DoorDash Inc                           | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     34125 | NS      | $7728630.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                        | Apple Inc                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    182149 | NS      | $49519027.14  | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                  | Fair Isaac Corp                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       815 | NS      | $1377855.30   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc     | Monolithic Power Systems Inc           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      4901 | NS      | $4442070.36   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The          | Charles Schwab Corp/The                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     44004 | NS      | $4396439.64   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co              | General Electric Co                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     40575 | NS      | $12498317.25  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                     | Insulet Corp                           | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       900 | NS      | $255816.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc             | Freeport-McMoRan Inc                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     18306 | NS      | $929761.74    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                   | Eli Lilly & Co                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     30792 | NS      | $33091546.56  | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                      | Datadog Inc                            | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     10484 | NS      | $1425719.16   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                     | Alphabet Inc                           | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     62313 | NS      | $19553819.40  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp                       | Ciena Corp                             | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |      9632 | NS      | $2252635.84   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                  | First Solar Inc                        | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      6953 | NS      | $1816332.19   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                       | Fiserv Inc                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     13878 | NS      | $932185.26    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc            | Dell Technologies Inc                  | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     22157 | NS      | $2789123.16   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc               | Steel Dynamics Inc                     | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      5358 | NS      | $907913.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc        | Palantir Technologies Inc              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     77724 | NS      | $13815441.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc                 | CoStar Group Inc                       | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     37836 | NS      | $2544092.64   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc    | Live Nation Entertainment Inc          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      2164 | NS      | $308370.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd      | Royal Caribbean Cruises Ltd            | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |     46096 | NS      | $12857096.32  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc              | Affirm Holdings Inc                    | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3448 | NS      | $256634.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc            | Burlington Stores Inc                  | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      5634 | NS      | $1627380.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                   | Atlassian Corp                         | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      5688 | NS      | $922252.32    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                       | Natera Inc                             | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |      4991 | NS      | $1143388.19   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                    | Welltower Inc                          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      8535 | NS      | $1584181.35   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                   | DraftKings Inc                         | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     39907 | NS      | $1375195.22   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                    | AppLovin Corp                          | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      7877 | NS      | $5307680.14   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                    | Boeing Co/The                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      9645 | NS      | $2094122.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc         | Microchip Technology Inc               | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     36858 | NS      | $2348591.76   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co               | Vertiv Holdings Co                     | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     27763 | NS      | $4497883.63   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc            | Uber Technologies Inc                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    252740 | NS      | $20651385.40  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                         | Okta Inc                               | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     11513 | NS      | $995529.11    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Trade Desk Inc/The               | Trade Desk Inc/The                     | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |      6813 | NS      | $258621.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                     | Docusign Inc                           | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     13733 | NS      | $939337.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                      | Zscaler Inc                            | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      3514 | NS      | $790368.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                      | Samsara Inc                            | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11863 | NS      | $420543.35    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc              | Delta Air Lines Inc                    | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     12487 | NS      | $866597.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC        | Flutter Entertainment PLC              | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | US        |     29843 | NS      | $6417438.72   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp             | Targa Resources Corp                   | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      8238 | NS      | $1519911.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp             | Las Vegas Sands Corp                   | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     55179 | NS      | $3591601.11   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc            | Micron Technology Inc                  | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     76662 | NS      | $21880101.42  | 2.19%             |  |  |  | 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