iShares Russell Small/Mid-Cap Index Fund - (IWM) NPORT-P iShares Nasdaq Top 30 Stocks ETF (Dec 2024 report)

Schedule

of

Investments

(unaudited)

December

31,

2024

iShares

®

Nasdaq

Top

30

Stocks

ETF

1

(Percentages

shown

are

based

on

Net

Assets)

Affiliates

Investments

in

issuers

considered

to

be

affiliate(s)

of

the

Fund

during

the period

ended

December

31,

2024

for

purposes

of

Section

2(a)(3)

of

the

Investment

Company

Act

of

1940,

as

amended,

were

as

follows:

Security

Shares

Shares

Value

Common

Stocks

Automobiles

—

4.6%

Tesla,

Inc.

(a)

........................

9,674

$

3,906,748

Beverages

—

1.8%

PepsiCo,

Inc.

......................

10,256

1,559,527

Biotechnology

—

2.1%

Amgen,

Inc.

.......................

4,021

1,048,033

Vertex

Pharmaceuticals,

Inc.

(a)

...........

1,930

777,211

1,825,244

Broadline

Retail

—

7.9%

Amazon.com,

Inc.

(a)

..................

30,490

6,689,201

Chemicals

—

1.8%

Linde

plc

.........................

3,559

1,490,047

Communications

Equipment

—

2.1%

Cisco

Systems,

Inc.

..................

29,755

1,761,496

Consumer

Staples

Distribution

&

Retail

—

3.6%

Costco

Wholesale

Corp.

...............

3,312

3,034,686

Entertainment

—

3.3%

Netflix,

Inc.

(a)

.......................

3,189

2,842,420

Health

Care

Equipment

&

Supplies

—

1.6%

Intuitive

Surgical,

Inc.

(a)

................

2,663

1,389,979

Hotels,

Restaurants

&

Leisure

—

2.3%

Booking

Holdings,

Inc.

................

246

1,222,231

Starbucks

Corp.

.....................

8,492

774,895

1,997,126

Industrial

Conglomerates

—

1.3%

Honeywell

International,

Inc.

............

4,859

1,097,600

Interactive

Media

&

Services

—

9.3%

Alphabet,

Inc.

,

Class

A

................

10,753

2,035,543

Alphabet,

Inc.

,

Class

C,

NVS

............

10,762

2,049,515

Meta

Platforms,

Inc.

,

Class

A

............

6,539

3,828,650

7,913,708

Media

—

1.3%

Comcast

Corp.

,

Class

A

...............

28,520

1,070,356

Professional

Services

—

1.1%

Automatic

Data

Processing,

Inc.

..........

3,049

892,534

Security

Shares

Shares

Value

Semiconductors

&

Semiconductor

Equipment

—

23.4%

Advanced

Micro

Devices,

Inc.

(a)

..........

12,129

$

1,465,062

Applied

Materials,

Inc.

................

6,160

1,001,801

Broadcom,

Inc.

.....................

23,161

5,369,646

NVIDIA

Corp.

......................

71,024

9,537,813

QUALCOMM,

Inc.

...................

8,296

1,274,431

Texas

Instruments,

Inc.

................

6,815

1,277,881

19,926,634

Software

—

16.5%

Adobe,

Inc.

(a)

.......................

3,294

1,464,776

Intuit,

Inc.

.........................

2,094

1,316,079

Microsoft

Corp.

.....................

21,559

9,087,118

Palantir

Technologies,

Inc.

,

Class

A

(a)

......

16,292

1,232,164

Palo

Alto

Networks,

Inc.

(a)

..............

4,908

893,060

13,993,197

Technology

Hardware,

Storage

&

Peripherals

—

12.9%

Apple,

Inc.

........................

43,834

10,976,910

Wireless

Telecommunication

Services

—

2.3%

T-Mobile

US,

Inc.

....................

8,671

1,913,950

Total

Long-Term

Investments

—

99

.2

%

(Cost:

$

81,480,526

)

...............................

84,281,363

Short-Term

Securities

Money

Market

Funds

—

0.1%

BlackRock

Cash

Funds:

Treasury,

SL

Agency

Shares

,

4.44

%

(b)

(c)

.................

101,401

101,401

Total

Short-Term

Securities

—

0

.1

%

(Cost:

$

101,401

)

.................................

101,401

Total

Investments

—

99

.3

%

(Cost:

$

81,581,927

)

...............................

84,382,764

Other

Assets

Less

Liabilities

—

0.7

%

....................

609,474

Net

Assets

—

100.0%

...............................

$

84,992,238

(a)

Non-income

producing

security.

(b)

Affiliate

of

the

Fund.

(c)

Annualized

7-day

yield

as

of

period

end.

Affiliated

Issuer

Value

at

10/23/24

Purchases

at

Cost

Proceeds

from

Sales

Net

Realized

Gain

(Loss)

Change

in

Unrealized

Appreciation

(Depreciation)

Value

at

12/31/24

Shares

Held

at

12/31/24

Income

Capital

Gain

Distributions

from

Underlying

Funds

BlackRock

Cash

Funds:

Treasury,

SL

Agency

Shares

$

—

$

101,401

(a)

$

—

$

—

$

—

$

101,401

101,401

$

1,076

$

—

—

—

(a)

Represents

net

amount

purchased

(sold).

Schedule

of

Investments

(unaudited)

(continued)

December

31,

2024

iShares

®

Nasdaq

Top

30

Stocks

ETF

2

Fair

Value

Hierarchy

as

of

Period

End

Various

inputs

are

used

in

determining

the

fair

value

of

financial

instruments

at

the

measurement

date.

These

inputs

to

valuation

techniques

are

categorized

into

a

fair

value

hierarchy

consisting

of

three

broad

levels

for

financial

reporting

purposes

as

follows:

Level

1

—

Unadjusted

price

quotations

in

active

markets/exchanges

that

the

Fund

has

the

ability

to

access

for

identical

assets

or

liabilities;

Level

2

—

Inputs

other

than

quoted

prices

included

within

Level

1

that

are

observable

for

the

asset

or

liability,

either

directly

or

indirectly;

and

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.

There

may

not

be

a

secondary

market,

and/

or

there

are

a

limited

number

of

investors.

The

categorization

of

a

value

determined

for

financial

instruments

is

based

on

the

pricing

transparency

of

the

financial

instruments

and

is

not

necessarily

an

indication

of

the

risks

associated

with

investing

in

those

securities.

The

following

table

summarizes

the

Fund’s

financial

instruments

categorized

in

the

fair

value

hierarchy.

The

breakdown

of

the

Fund's

financial

instruments

into

major

categories

is

disclosed

in

the

Schedule

of

Investments

above.

Derivative

Financial

Instruments

Outstanding

as

of

Period

End

Futures

Contracts

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

(000)

Value/

Unrealized

Appreciation

(Depreciation)

Long

Contracts

Nasdaq-100

Micro

E-Mini

Index

................................................

16

03/21/25

$

679

$

(

2,488

)

Level

1

Level

2

Level

3

Total

Assets

Investments

Long-Term

Investments

Common

Stocks

.........................................

$

84,281,363

$

—

$

—

$

84,281,363

Short-Term

Securities

Money

Market

Funds

......................................

101,401

—

—

101,401

$

84,382,764

$

—

$

—

$

84,382,764

Derivative

Financial

Instruments

(a)

Liabilities

Equity

contracts

...........................................

$

(

2,488

)

$

—

$

—

$

(

2,488

)

(a)

Derivative

financial

instruments

are

futures

contracts.

Futures

contracts

are

valued

at

the

unrealized

appreciation

(depreciation)

on

the

instrument.

Portfolio

Abbreviation

Nasdaq

National

Association

of

Securities

Dealers

Automated

Quotations

NVS

Non-Voting

Shares