Consolidated Schedule of Investments (unaudited) March 31, 2021 | BlackRock Science and Technology Trust (BST) (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks |
| |||||||
Automobiles — 2.5% | ||||||||
Arrival Group, (Acquired 03/23/21, Cost: $6,054,719)(a) | 835,013 | $ | 12,762,137 | |||||
Tesla, Inc.(b)(c) | 28,792 | 19,231,041 | ||||||
|
| |||||||
31,993,178 | ||||||||
Diversified Consumer Services — 0.8% | ||||||||
Chegg, Inc.(b)(c) | 120,357 | 10,309,781 | ||||||
|
| |||||||
Diversified Financial Services(a) — 0.6% | ||||||||
Linklogis, Inc., Class B, (Acquired 03/31/21, Cost: $2,624,480) | 1,149,000 | 2,624,480 | ||||||
TransferWise, (Acquired 06/03/19, Cost: $2,471,478)(d) | 27,945 | 5,181,282 | ||||||
|
| |||||||
7,805,762 | ||||||||
Electrical Equipment — 0.4% | ||||||||
Shoals Technologies Group, Inc., Class A(b)(c) | 150,565 | 5,236,651 | ||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.8% | ||||||||
Samsung SDI Co. Ltd. | 18,473 | 10,862,530 | ||||||
|
| |||||||
Entertainment(b) — 3.1% | ||||||||
Activision Blizzard, Inc. | 108,823 | 10,120,539 | ||||||
NetEase, Inc., ADR | 77,307 | 7,982,721 | ||||||
Netflix, Inc.(c) | 12,744 | 6,648,035 | ||||||
Roku, Inc.(c) | 45,378 | 14,782,791 | ||||||
|
| |||||||
39,534,086 | ||||||||
Health Care Technology — 0.5% | ||||||||
Teladoc Health, Inc.(b)(c) | 37,308 | 6,780,729 | ||||||
|
| |||||||
Hotels, Restaurants & Leisure — 0.3% | ||||||||
Airbnb, Inc., Class A(b)(c) | 20,734 | 3,896,748 | ||||||
|
| |||||||
Interactive Media & Services — 10.7% | ||||||||
Alphabet, Inc., Class A(b)(c) | 14,848 | 30,624,297 | ||||||
Baidu, Inc., ADR(c) | 31,597 | 6,873,927 | ||||||
Facebook, Inc., Class A(b)(c) | 59,113 | 17,410,552 | ||||||
Kakao Corp. | 53,083 | 23,429,776 | ||||||
Snap, Inc., Class A(b)(c) | 303,479 | 15,868,917 | ||||||
Tencent Holdings Ltd. | 296,700 | 23,678,890 | ||||||
Yandex NV, Class A(b)(c) | 162,287 | 10,396,105 | ||||||
ZoomInfo Technologies, Inc., Class A(b)(c) | 208,111 | 10,176,628 | ||||||
|
| |||||||
138,459,092 | ||||||||
Internet & Direct Marketing Retail — 6.5% | ||||||||
Amazon.com, Inc.(b)(c) | 10,322 | 31,937,094 | ||||||
Delivery Hero SE(c)(e) | 88,059 | 11,413,959 | ||||||
Ensogo Ltd.(c)(d) | 173,282 | 1 | ||||||
Jasper Infotech Private Ltd., Series I, (Acquired 08/18/15, Cost: $1,998,435)(a)(d) | 1,054 | 251,031 | ||||||
JD Health International, Inc., (Acquired 12/01/20, Cost: $7,167,887)(a) | 779,400 | 10,964,286 | ||||||
Meituan, Class B(c)(e) | 304,696 | 11,890,514 | ||||||
MercadoLibre, Inc.(b)(c) | 12,046 | 17,733,399 | ||||||
|
| |||||||
84,190,284 | ||||||||
IT Services — 18.9% | ||||||||
Adyen NV(c)(e) | 4,997 | 11,150,326 | ||||||
Fiserv, Inc.(b)(c) | 77,912 | 9,274,645 | ||||||
GMO Payment Gateway, Inc. | 73,400 | 9,753,174 | ||||||
Klarna Holdings AB, (Acquired 08/07/19, Cost: $7,971,978)(a)(d) | 26,430 | 30,740,655 | ||||||
Mastercard, Inc., Class A(b) | 77,060 | 27,437,213 | ||||||
MongoDB, Inc.(b)(c) | 29,473 | 7,881,964 |
Security | Shares | Value | ||||||
IT Services (continued) | ||||||||
Okta, Inc.(b)(c) | 65,447 | $ | 14,426,482 | |||||
Pagseguro Digital Ltd., Class A(b)(c) | 150,560 | 6,970,928 | ||||||
PayPal Holdings, Inc.(b)(c) | 103,291 | 25,083,187 | ||||||
Shopify, Inc., Class A(b)(c) | 15,176 | 16,792,244 | ||||||
Snowflake, Inc., Class A(b)(c) | 8,644 | 1,981,896 | ||||||
Square, Inc., Class A(b)(c) | 116,038 | 26,346,428 | ||||||
StoneCo Ltd., Class A(b)(c) | 158,853 | 9,724,981 | ||||||
Twilio, Inc., Class A(b)(c) | 73,112 | 24,913,645 | ||||||
Visa, Inc., Class A(b) | 101,893 | 21,573,805 | ||||||
|
| |||||||
244,051,573 | ||||||||
Road & Rail(b)(c) — 1.8% | ||||||||
Lyft, Inc., Class A | 190,755 | 12,051,901 | ||||||
Uber Technologies, Inc. | 195,775 | 10,671,695 | ||||||
|
| |||||||
22,723,596 | ||||||||
Semiconductors & Semiconductor Equipment — 15.2% | ||||||||
Advanced Micro Devices, Inc.(b)(c) | 234,019 | 18,370,492 | ||||||
ASML Holding NV | 38,607 | 23,688,067 | ||||||
Cree, Inc.(b)(c) | 119,471 | 12,918,399 | ||||||
Inphi Corp.(b)(c) | 89,383 | 15,946,821 | ||||||
Lam Research Corp.(b) | 40,107 | 23,873,291 | ||||||
Marvell Technology Group Ltd.(b) | 343,317 | 16,815,667 | ||||||
Monolithic Power Systems, Inc.(b) | 34,560 | 12,206,938 | ||||||
Qualcomm, Inc.(b) | 55,873 | 7,408,201 | ||||||
Renesas Electronics Corp.(c) | 1,105,700 | 12,106,101 | ||||||
Skyworks Solutions, Inc.(b) | 52,394 | 9,613,251 | ||||||
SOITEC SA(c) | 73,604 | 15,024,661 | ||||||
STMicroelectronics NV | 257,458 | 9,836,271 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR(b) | 148,761 | 17,595,451 | ||||||
|
| |||||||
195,403,611 | ||||||||
Software — 19.8% | ||||||||
Adobe, Inc.(b)(c) | 38,188 | 18,153,430 | ||||||
Atlassian Corp. PLC, Class A(b)(c) | 46,274 | 9,752,708 | ||||||
Autodesk, Inc.(b)(c) | 42,883 | 11,885,023 | ||||||
Avalara, Inc.(b)(c) | 78,563 | 10,482,661 | ||||||
C3.AI, Inc., Class A, (Acquired 12/08/20, Cost: $5,703,600)(a) | 188,667 | 12,200,158 | ||||||
C3.AI, Inc., Class A(b)(c) | 75,452 | 4,973,041 | ||||||
Cadence Design Systems, Inc.(b)(c) | 84,545 | 11,581,820 | ||||||
Coupa Software, Inc.(b)(c) | 41,142 | 10,469,816 | ||||||
Crowdstrike Holdings, Inc., Class A(b)(c) | 52,434 | 9,569,729 | ||||||
Databricks, Inc., (Acquired 07/24/20, Cost: $960,476)(a)(d) | 19,999 | 3,180,841 | ||||||
Elastic NV(b)(c) | 56,525 | 6,285,580 | ||||||
Intuit, Inc.(b) | 27,360 | 10,480,522 | ||||||
Kingdee International Software Group Co. Ltd. | 2,911,000 | 9,128,862 | ||||||
Microsoft Corp.(b) | 192,615 | 45,412,839 | ||||||
Paycom Software, Inc.(b)(c) | 21,310 | 7,885,979 | ||||||
RingCentral, Inc., Class A(b)(c) | 37,761 | 11,248,247 | ||||||
salesforce.com, Inc.(b)(c) | 49,566 | 10,501,548 | ||||||
ServiceNow, Inc.(b)(c) | 29,527 | 14,766,748 | ||||||
Unity Software, Inc.(b)(c) | 82,066 | 8,232,040 | ||||||
Xero Ltd.(c) | 112,503 | 10,888,705 | ||||||
Zoom Video Communications, Inc., Class A(b)(c) | 17,056 | 5,479,922 | ||||||
Zscaler, Inc.(b)(c) | 72,711 | 12,482,297 | ||||||
|
| |||||||
255,042,516 |
CONSOLIDATED SCHEDULE OF INVESTMENTS | 1 |
Consolidated Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Specialty Retail — 0.6% | ||||||||
Auto1 Group SE(c)(e) | 84,139 | $ | 4,770,685 | |||||
Cazoo Ltd., (Acquired 10/08/20, Cost: $1,414,228)(a)(d) | 102,926 | 3,150,040 | ||||||
|
| |||||||
7,920,725 | ||||||||
Technology Hardware, Storage & Peripherals — 3.7% | ||||||||
Apple, Inc.(b) | 390,361 | 47,682,596 | ||||||
|
| |||||||
Total Common Stocks — 86.2% |
| 1,111,893,458 | ||||||
|
| |||||||
Preferred Securities | ||||||||
Preferred Stocks — 12.6%(a)(d) | ||||||||
Diversified Consumer Services — 0.5% | ||||||||
Think & Learn Private Ltd. | ||||||||
(Acquired 09/30/20, Cost: $1,524,948) | 997 | 3,236,386 | ||||||
Series F, (Acquired 09/30/20, Cost: $3,052,975) | 1,054 | 3,421,415 | ||||||
|
| |||||||
6,657,801 | ||||||||
Diversified Financial Services — 0.4% | ||||||||
TransferWise | ||||||||
Series A, (Acquired 06/03/19, Cost: $1,004,242) | 11,355 | 2,105,330 | ||||||
Series B, (Acquired 06/03/19, Cost: $288,407) | 3,261 | 604,622 | ||||||
Series C, (Acquired 06/03/19, Cost: $161,315) | 1,824 | 338,188 | ||||||
Series D, (Acquired 06/03/19, Cost: $44,579) | 504 | 93,447 | ||||||
Series E, (Acquired 06/03/19, Cost: $4,688) | 53 | 9,827 | ||||||
TransferWise (Seed Preferred), (Acquired 06/03/19, Cost: $849,295) | 9,603 | 1,780,492 | ||||||
|
| |||||||
4,931,906 | ||||||||
Electrical Equipment — 0.5% | ||||||||
Credo Technology Group Holding Ltd. | ||||||||
Series D, (Acquired 03/20/20, Cost: $5,000,001) | 1,001,382 | 5,818,029 | ||||||
Series D+, (Acquired 01/22/20, Cost: $404,498) | 69,679 | 404,835 | ||||||
|
| |||||||
6,222,864 | ||||||||
Food Products — 0.3% | ||||||||
Farmer’s Business Network, Inc., Series F, (Acquired 07/31/20, Cost: $2,999,887) | 90,750 | 3,477,540 | ||||||
|
| |||||||
IT Services — 2.9% | ||||||||
Ant Group Co., Ltd, Series C, (Acquired 05/18/18, Cost: $6,492,863) | 1,157,373 | 8,009,021 | ||||||
Automattic, Inc., Series E, (Acquired 02/03/21, Cost: $7,999,945) | 94,117 | 7,999,945 | ||||||
Deep Instinct Ltd., Series D-2, (Acquired 03/19/21, Cost: $2,999,391) | 493,493 | 2,999,391 | ||||||
TRAX Ltd. | ||||||||
Series D, (Acquired 02/18/21, Cost: $1,999,989) | 38,361 | 2,030,064 | ||||||
Series E, (Acquired 09/12/19, Cost: $4,000,013) | 106,667 | 5,644,818 | ||||||
Trumid Holdings LLC(f) | ||||||||
Class J-A, (Acquired 07/24/20, Cost: $2,499,716) | 5,038 | 2,544,190 | ||||||
Class J-B, (Acquired 07/24/20, Cost: $1,499,830) | 5,038 | 2,544,190 | ||||||
Xiaoju Kuaizhi, Inc., Series A-17, (Acquired 07/28/15, Cost: $3,016,964) | 110,003 | 5,992,964 | ||||||
|
| |||||||
37,764,583 |
Security | Shares | Value | ||||||
Road & Rail — 0.2% | ||||||||
FlixMobility GmbH, Series F, (Acquired 07/26/19, Cost: $5,482,937) | 275 | $ | 3,089,156 | |||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 2.5% | ||||||||
Innovium, Inc. | ||||||||
Series E, (Acquired 08/21/19, Cost: $3,000,003) | 353,478 | 3,428,737 | ||||||
Series F, (Acquired 06/10/20, Cost: $2,999,996) | 296,062 | 3,209,312 | ||||||
Nuvia, Inc., Series B, (Acquired 09/17/20, Cost: $2,999,998) | 935,352 | 7,707,300 | ||||||
Psiquantum Corp., Series C, (Acquired 09/09/19, Cost: $3,200,234) | 690,003 | 3,249,914 | ||||||
SambaNova Systems, Inc., Series C, (Acquired 02/20/20, Cost: $9,972,126) | 187,300 | 14,566,321 | ||||||
|
| |||||||
32,161,584 | ||||||||
Software — 3.7% | ||||||||
Avidxchange, Inc., (Acquired 07/29/20, Cost: $2,022,088) | 41,257 | 2,229,941 | ||||||
Databricks, Inc. | ||||||||
Series F, (Acquired 10/22/19, Cost: $3,999,999) | 93,135 | 14,813,122 | ||||||
Series G, (Acquired 02/01/21, Cost: $4,500,001) | 25,371 | 4,035,258 | ||||||
DataRobot, Inc. | ||||||||
Series F, (Acquired 10/27/20, Cost: $2,999,996) | 228,276 | 3,086,291 | ||||||
Series F, (Acquired 03/01/21, Cost: $583,275) | 38,789 | 524,427 | ||||||
GitLab, Inc., Series E, (Acquired 09/10/19, Cost: $2,915,501) | 156,500 | 6,349,205 | ||||||
Online Ventures Pty Ltd., Series C, (Acquired 01/21/20, Cost: $6,160,136) | 53,642 | 7,317,176 | ||||||
Unqork, Inc. | ||||||||
Series B, (Acquired 09/19/19, Cost: $3,198,416) | 7,027 | 7,695,830 | ||||||
Series C, (Acquired 09/18/20, Cost: $1,303,260) | 1,190 | 1,303,264 | ||||||
|
| |||||||
47,354,514 | ||||||||
Specialty Retail — 0.7% | ||||||||
Cazoo Ltd. | ||||||||
Series A, (Acquired 10/08/20, Cost: $46,195) | 3,362 | 102,894 | ||||||
Series B, (Acquired 10/08/20, Cost: $808,325) | 58,829 | 1,800,456 | ||||||
Series C, (Acquired 10/08/20, Cost: $16,392) | 1,193 | 36,511 | ||||||
Series D, (Acquired 10/08/20, Cost: $2,887,649) | 210,160 | 6,431,926 | ||||||
|
| |||||||
8,371,787 | ||||||||
Technology Hardware, Storage & Peripherals — 0.9% | ||||||||
ByteDance Ltd., Series E-1, (Acquired 11/11/20, Cost: $9,999,959) | 91,262 | 11,998,891 | ||||||
|
| |||||||
Total Preferred Stocks — 12.6% | 162,030,626 | |||||||
|
| |||||||
Total Preferred Securities — 12.6% |
| |||||||
(Cost: $114,940,032) | 162,030,626 | |||||||
|
| |||||||
Warrants | ||||||||
IT Services — 0.0% | ||||||||
TRAX Ltd., (Acquired 09/12/19, Cost: $0)(a)(d) | 17,065 | 134,984 | ||||||
|
| |||||||
Total Warrants — 0.0% |
| |||||||
(Cost: $ — ) | 134,984 | |||||||
|
| |||||||
Total Long-Term Investments — 98.8% |
| 1,274,059,068 | ||||||
|
|
2 |
Consolidated Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Short-Term Securities | ||||||||
Money Market Funds — 1.4% | ||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class, 0.01%(g)(h) | 18,792,968 | $ | 18,792,968 | |||||
|
| |||||||
Total Short-Term Securities — 1.4% | ||||||||
(Cost: $18,792,968) | 18,792,968 | |||||||
|
| |||||||
Total Investments Before Options Written — 100.2% | ||||||||
(Cost: $484,121,435) | 1,292,852,036 | |||||||
|
| |||||||
Options Written — (0.6)% | ||||||||
(Premiums Received: $(14,215,964)) | (7,841,645 | ) | ||||||
|
| |||||||
Total Investments, Net of Options Written — 99.6% |
| 1,285,010,391 | ||||||
Other Assets Less Liabilities — 0.4% | 4,714,550 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 1,289,724,941 | ||||||
|
|
(a) | Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $243,220,520, representing 18.86% of its net assets as of period end, and an original cost of $151,307,313. |
(b) | All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. |
(c) | Non-income producing security. |
(d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(e) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(f) | All or a portion of the security is held by a wholly-owned subsidiary. |
(g) | Affiliate of the Trust. |
(h) | Annualized 7-day yield as of period end. |
For Trust compliance purposes, the Trust’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended March 31, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 12/31/20 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 03/31/21 | Shares Held at 03/31/21 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class | $ | 9,266,737 | $ | 9,526,231 | (a) | $ | — | $ | — | $ | — | $ | 18,792,968 | 18,792,968 | $ | 896 | $ | — | ||||||||||||||||||
SL Liquidity Series, LLC, Money Market Series | — | — | — | — | — | — | — | 2,282 | (b) | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||
$ | — | $ | — | $ | 18,792,968 | $ | 3,178 | $ | — | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
(b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Derivative Financial Instruments Outstanding as of Period End
Exchange-Traded Options Written
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||||||
Call | ||||||||||||||||||||||||
Facebook, Inc., Class A | 9 | 04/01/21 | USD | 280.00 | USD | 265 | $ | (13,545 | ) | |||||||||||||||
Lyft, Inc., Class A | 90 | 04/01/21 | USD | 62.00 | USD | 569 | (13,455 | ) | ||||||||||||||||
MasterCard, Inc., Class A | 30 | 04/01/21 | USD | 342.50 | USD | 1,068 | (42,375 | ) | ||||||||||||||||
Okta, Inc. | 47 | 04/01/21 | USD | 277.50 | USD | 1,036 | (1,739 | ) | ||||||||||||||||
RingCentral, Inc., Class A | 38 | 04/01/21 | USD | 415.00 | USD | 1,132 | (1,900 | ) | ||||||||||||||||
Uber Technologies, Inc. | 156 | 04/01/21 | USD | 64.50 | USD | 850 | (156 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 77 | 04/09/21 | USD | 97.00 | USD | 716 | (1,964 | ) | ||||||||||||||||
Adobe, Inc. | 30 | 04/09/21 | USD | 500.00 | USD | 1,426 | (3,690 | ) | ||||||||||||||||
Airbnb, Inc., Class A | 33 | 04/09/21 | USD | 215.00 | USD | 620 | (1,848 | ) | ||||||||||||||||
Alphabet, Inc., Class A | 10 | 04/09/21 | USD | 2,120.00 | USD | 2,063 | (10,100 | ) | ||||||||||||||||
Apple, Inc. | 116 | 04/09/21 | USD | 132.00 | USD | 1,417 | (754 | ) | ||||||||||||||||
Autodesk, Inc. | 34 | 04/09/21 | USD | 297.50 | USD | 942 | (1,258 | ) | ||||||||||||||||
Cree, Inc. | 113 | 04/09/21 | USD | 125.00 | USD | 1,222 | (56,500 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 40 | 04/09/21 | USD | 235.00 | USD | 730 | (300 | ) | ||||||||||||||||
Intuit, Inc. | 18 | 04/09/21 | USD | 400.00 | USD | 690 | (2,340 | ) |
CONSOLIDATED SCHEDULE OF INVESTMENTS | 3 |
Consolidated Schedule of Investments (unaudited) (continued) | BlackRock Science and Technology Trust (BST) | |||||||||||||
March 31, 2021 |
Exchange-Traded Options Written (continued)
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||||||
Call (continued) | ||||||||||||||||||||||||
Lam Research Corp. | 28 | 04/09/21 | USD | 592.50 | USD | 1,667 | $ | (51,100 | ) | |||||||||||||||
Lyft, Inc., Class A | 93 | 04/09/21 | USD | 62.00 | USD | 588 | (23,157 | ) | ||||||||||||||||
Marvell Technology Group Ltd. | 155 | 04/09/21 | USD | 52.00 | USD | 759 | (4,573 | ) | ||||||||||||||||
MasterCard, Inc., Class A | 39 | 04/09/21 | USD | 362.50 | USD | 1,389 | (9,965 | ) | ||||||||||||||||
MercadoLibre, Inc. | 23 | 04/09/21 | USD | 1,775.00 | USD | 3,386 | (9,890 | ) | ||||||||||||||||
Microsoft Corp. | 111 | 04/09/21 | USD | 240.00 | USD | 2,617 | (18,870 | ) | ||||||||||||||||
MongoDB, Inc. | 54 | 04/09/21 | USD | 407.50 | USD | 1,444 | (16,740 | ) | ||||||||||||||||
Netflix, Inc. | 15 | 04/09/21 | USD | 575.00 | USD | 863 | (585 | ) | ||||||||||||||||
Okta, Inc. | 48 | 04/09/21 | USD | 280.00 | USD | 1,058 | (5,232 | ) | ||||||||||||||||
Roku, Inc. | 20 | 04/09/21 | USD | 430.00 | USD | 652 | (320 | ) | ||||||||||||||||
ServiceNow, Inc. | 16 | 04/09/21 | USD | 535.00 | USD | 800 | (1,880 | ) | ||||||||||||||||
Shopify, Inc., Class A | 12 | 04/09/21 | USD | 1,270.00 | USD | 1,328 | (1,620 | ) | ||||||||||||||||
Snap, Inc., Class A | 15 | 04/09/21 | USD | 70.00 | USD | 78 | (113 | ) | ||||||||||||||||
Snap, Inc., Class A | 15 | 04/09/21 | USD | 69.50 | USD | 78 | (210 | ) | ||||||||||||||||
Snap, Inc., Class A | 35 | 04/09/21 | USD | 65.00 | USD | 183 | (508 | ) | ||||||||||||||||
Square, Inc., Class A | 113 | 04/09/21 | USD | 250.00 | USD | 2,566 | (12,769 | ) | ||||||||||||||||
StoneCo. Ltd., Class A | 85 | 04/09/21 | USD | 85.00 | USD | 520 | (4,675 | ) | ||||||||||||||||
Tesla, Inc. | 25 | 04/09/21 | USD | 775.00 | USD | 1,670 | (4,538 | ) | ||||||||||||||||
Twilio, Inc., Class A | 27 | 04/09/21 | USD | 425.00 | USD | 920 | (540 | ) | ||||||||||||||||
Visa, Inc., Class A | 37 | 04/09/21 | USD | 217.50 | USD | 783 | (3,608 | ) | ||||||||||||||||
Yandex NV, Class A | 41 | 04/09/21 | USD | 67.50 | USD | 263 | (1,333 | ) | ||||||||||||||||
Yandex NV, Class A | 52 | 04/09/21 | USD | 69.00 | USD | 333 | (650 | ) | ||||||||||||||||
Zoom Video Communications, Inc., Class A | 61 | 04/09/21 | USD | 415.00 | USD | 1,960 | (1,525 | ) | ||||||||||||||||
Zscaler, Inc. | 65 | 04/09/21 | USD | 215.00 | USD | 1,116 | (6,825 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 130 | 04/16/21 | USD | 105.00 | USD | 1,209 | (1,430 | ) | ||||||||||||||||
Adobe, Inc. | 28 | 04/16/21 | USD | 495.00 | USD | 1,331 | (10,710 | ) | ||||||||||||||||
Advanced Micro Devices, Inc. | 160 | 04/16/21 | USD | 95.00 | USD | 1,256 | (1,440 | ) | ||||||||||||||||
Alphabet, Inc., Class A | 11 | 04/16/21 | USD | 2,120.00 | USD | 2,269 | (19,085 | ) | ||||||||||||||||
Amazon.com, Inc. | 6 | 04/16/21 | USD | 3,250.00 | USD | 1,856 | (6,645 | ) | ||||||||||||||||
Apple, Inc. | 95 | 04/16/21 | USD | 136.25 | USD | 1,160 | (998 | ) | ||||||||||||||||
Avalara, Inc. | 124 | 04/16/21 | USD | 180.00 | USD | 1,655 | (2,480 | ) | ||||||||||||||||
C3.AI, Inc., Class A | 50 | 04/16/21 | USD | 165.00 | USD | 330 | (750 | ) | ||||||||||||||||
C3.AI, Inc., Class A | 49 | 04/16/21 | USD | 105.00 | USD | 323 | (1,470 | ) | ||||||||||||||||
Cadence Design Systems, Inc. | 271 | 04/16/21 | USD | 150.00 | USD | 3,712 | (10,162 | ) | ||||||||||||||||
Chegg, Inc. | 212 | 04/16/21 | USD | 125.00 | USD | 1,816 | (1,060 | ) | ||||||||||||||||
Coupa Software, Inc. | 38 | 04/16/21 | USD | 370.00 | USD | 967 | (5,320 | ) | ||||||||||||||||
Cree, Inc. | 113 | 04/16/21 | USD | 125.00 | USD | 1,222 | (7,063 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 41 | 04/16/21 | USD | 230.00 | USD | 748 | (697 | ) | ||||||||||||||||
Elastic NV | 98 | 04/16/21 | USD | 175.00 | USD | 1,090 | (490 | ) | ||||||||||||||||
Facebook, Inc., Class A | 20 | 04/16/21 | USD | 287.50 | USD | 589 | (26,000 | ) | ||||||||||||||||
Fiserv, Inc. | 91 | 04/16/21 | USD | 130.00 | USD | 1,083 | (865 | ) | ||||||||||||||||
Inphi Corp. | 151 | 04/16/21 | USD | 170.00 | USD | 2,694 | (145,715 | ) | ||||||||||||||||
Intuit, Inc. | 19 | 04/16/21 | �� | USD | 400.00 | USD | 728 | (5,795 | ) | |||||||||||||||
Intuit, Inc. | 37 | 04/16/21 | USD | 385.00 | USD | 1,417 | (27,380 | ) | ||||||||||||||||
Lyft, Inc., Class A | 94 | 04/16/21 | USD | 60.00 | USD | 594 | (41,360 | ) | ||||||||||||||||
Marvell Technology Group Ltd. | 155 | 04/16/21 | USD | 55.00 | USD | 759 | (5,425 | ) | ||||||||||||||||
MasterCard, Inc., Class A | 38 | 04/16/21 | USD | 360.00 | USD | 1,353 | (20,520 | ) | ||||||||||||||||
Microsoft Corp. | 42 | 04/16/21 | USD | 245.00 | USD | 990 | (5,775 | ) | ||||||||||||||||
MongoDB, Inc. | 12 | 04/16/21 | USD | 410.00 | USD | 321 | (240 | ) | ||||||||||||||||
Netflix, Inc. | 15 | 04/16/21 | USD | 530.00 | USD | 795 | (14,250 | ) | ||||||||||||||||
Pagseguro Digital Ltd., Class A | 145 | 04/16/21 | USD | 60.00 | USD | 671 | (1,450 | ) | ||||||||||||||||
Paycom Software, Inc. | 33 | 04/16/21 | USD | 420.00 | USD | 1,221 | (2,723 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 144 | 04/16/21 | USD | 260.00 | USD | 3,497 | (27,936 | ) | ||||||||||||||||
RingCentral, Inc., Class A | 18 | 04/16/21 | USD | 410.00 | USD | 536 | (810 | ) | ||||||||||||||||
Roku, Inc. | 106 | 04/16/21 | USD | 485.00 | USD | 3,453 | (2,650 | ) | ||||||||||||||||
ServiceNow, Inc. | 42 | 04/16/21 | USD | 590.00 | USD | 2,100 | (7,770 | ) | ||||||||||||||||
Shoals Technologies Group Inc., Class A | 131 | 04/16/21 | USD | 45.00 | USD | 456 | (3,930 | ) | ||||||||||||||||
Shoals Technologies Group Inc., Class A | 132 | 04/16/21 | USD | 50.00 | USD | 459 | (3,300 | ) | ||||||||||||||||
Shopify, Inc., Class A | 9 | 04/16/21 | USD | 1,480.00 | USD | 996 | (675 | ) | ||||||||||||||||
Snap, Inc., Class A | 583 | 04/16/21 | USD | 65.00 | USD | 3,049 | (24,486 | ) | ||||||||||||||||
Snowflake, Inc., Class A | 30 | 04/16/21 | USD | 265.00 | USD | 688 | (4,050 | ) | ||||||||||||||||
Square, Inc., Class A | 114 | 04/16/21 | USD | 260.00 | USD | 2,588 | (15,504 | ) |
4
Consolidated Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) |
Exchange-Traded Options Written (continued)
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||||||
Call (continued) | ||||||||||||||||||||||||
Teladoc Health, Inc. | 49 | 04/16/21 | USD | 300.00 | USD | 891 | $ | (319 | ) | |||||||||||||||
Tesla, Inc. | 22 | 04/16/21 | USD | 830.00 | USD | 1,469 | (3,927 | ) | ||||||||||||||||
Twilio, Inc., Class A | 85 | 04/16/21 | USD | 450.00 | USD | 2,896 | (2,253 | ) | ||||||||||||||||
Unity Software, Inc. | 143 | 04/16/21 | USD | 144.00 | USD | 1,434 | (115 | ) | ||||||||||||||||
ZoomInfo Technologies, Inc., Class A | 406 | 04/16/21 | USD | 65.00 | USD | 1,985 | (6,090 | ) | ||||||||||||||||
Zscaler, Inc. | 66 | 04/16/21 | USD | 220.00 | USD | 1,133 | (1,980 | ) | ||||||||||||||||
Advanced Micro Devices, Inc. | 180 | 04/23/21 | USD | 85.00 | USD | 1,413 | (16,110 | ) | ||||||||||||||||
Airbnb, Inc., Class A | 22 | 04/23/21 | USD | 210.00 | USD | 413 | (6,743 | ) | ||||||||||||||||
Alphabet, Inc., Class A | 14 | 04/23/21 | USD | 2,085.00 | USD | 2,888 | (55,860 | ) | ||||||||||||||||
Amazon.com, Inc. | 16 | 04/23/21 | USD | 3,250.00 | USD | 4,951 | (31,640 | ) | ||||||||||||||||
Apple, Inc. | 78 | 04/23/21 | USD | 128.00 | USD | 953 | (9,399 | ) | ||||||||||||||||
Atlassian Corp. PLC, Class A | 73 | 04/23/21 | USD | 237.50 | USD | 1,539 | (15,512 | ) | ||||||||||||||||
Autodesk, Inc. | 46 | 04/23/21 | USD | 285.00 | USD | 1,275 | (25,875 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 39 | 04/23/21 | USD | 240.00 | USD | 712 | (1,931 | ) | ||||||||||||||||
Facebook, Inc., Class A | 110 | 04/23/21 | USD | 285.00 | USD | 3,240 | (174,075 | ) | ||||||||||||||||
Fiserv, Inc. | 91 | 04/23/21 | USD | 132.00 | USD | 1,083 | (1,775 | ) | ||||||||||||||||
Lyft, Inc., Class A | 73 | 04/23/21 | USD | 66.00 | USD | 461 | (13,468 | ) | ||||||||||||||||
MasterCard, Inc., Class A | 40 | 04/23/21 | USD | 390.00 | USD | 1,424 | (2,760 | ) | ||||||||||||||||
Microsoft Corp. | 55 | 04/23/21 | USD | 247.50 | USD | 1,297 | (7,673 | ) | ||||||||||||||||
NetEase, Inc., ADR | 135 | 04/23/21 | USD | 111.00 | USD | 1,394 | (17,887 | ) | ||||||||||||||||
Netflix, Inc. | 14 | 04/23/21 | USD | 565.00 | USD | 791 | (12,180 | ) | ||||||||||||||||
Okta, Inc. | 17 | 04/23/21 | USD | 235.00 | USD | 375 | (7,268 | ) | ||||||||||||||||
Qualcomm, Inc. | 97 | 04/23/21 | USD | 135.00 | USD | 1,286 | (28,227 | ) | ||||||||||||||||
RingCentral, Inc., Class A | 53 | 04/23/21 | USD | 350.00 | USD | 1,579 | (5,698 | ) | ||||||||||||||||
ServiceNow, Inc. | 45 | 04/23/21 | USD | 515.00 | USD | 2,251 | (52,200 | ) | ||||||||||||||||
Snap, Inc., Class A | 41 | 04/23/21 | USD | 60.00 | USD | 214 | (8,303 | ) | ||||||||||||||||
Snap, Inc., Class A | 30 | 04/23/21 | USD | 63.50 | USD | 157 | (4,005 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 34 | 04/23/21 | USD | 123.00 | USD | 402 | (9,146 | ) | ||||||||||||||||
Teladoc Health, Inc. | 46 | 04/23/21 | USD | 212.50 | USD | 836 | (7,521 | ) | ||||||||||||||||
Tesla, Inc. | 13 | 04/23/21 | USD | 790.00 | USD | 868 | (9,653 | ) | ||||||||||||||||
Twilio, Inc., Class A | 27 | 04/23/21 | USD | 375.00 | USD | 920 | (16,267 | ) | ||||||||||||||||
Uber Technologies, Inc. | 117 | 04/23/21 | USD | 65.00 | USD | 638 | (2,223 | ) | ||||||||||||||||
Visa, Inc., Class A | 70 | 04/23/21 | USD | 220.00 | USD | 1,482 | (12,495 | ) | ||||||||||||||||
Zscaler, Inc. | 29 | 04/23/21 | USD | 210.00 | USD | 498 | (3,089 | ) | ||||||||||||||||
Zscaler, Inc. | 108 | 04/23/21 | USD | 200.00 | USD | 1,854 | (16,956 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 95 | 04/30/21 | USD | 94.50 | USD | 884 | (19,332 | ) | ||||||||||||||||
Adobe, Inc. | 26 | 04/30/21 | USD | 480.00 | USD | 1,236 | (35,685 | ) | ||||||||||||||||
Advanced Micro Devices, Inc. | 123 | 04/30/21 | USD | 84.50 | USD | 966 | (21,402 | ) | ||||||||||||||||
Airbnb, Inc., Class A | 17 | 04/30/21 | USD | 200.00 | USD | 320 | (11,772 | ) | ||||||||||||||||
Apple, Inc. | 42 | 04/30/21 | USD | 133.00 | USD | 513 | (3,402 | ) | ||||||||||||||||
Apple, Inc. | 32 | 04/30/21 | USD | 126.00 | USD | 391 | (8,960 | ) | ||||||||||||||||
Autodesk, Inc. | 33 | 04/30/21 | USD | 287.50 | USD | 915 | (20,130 | ) | ||||||||||||||||
Coupa Software, Inc. | 66 | 04/30/21 | USD | 300.00 | USD | 1,680 | (19,965 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 26 | 04/30/21 | USD | 210.00 | USD | 475 | (5,759 | ) | ||||||||||||||||
Intuit, Inc. | 21 | 04/30/21 | USD | 390.00 | USD | 804 | (18,375 | ) | ||||||||||||||||
Lam Research Corp. | 67 | 04/30/21 | USD | 580.00 | USD | 3,988 | (261,132 | ) | ||||||||||||||||
Lyft, Inc., Class A | 219 | 04/30/21 | USD | 75.00 | USD | 1,384 | (11,935 | ) | ||||||||||||||||
Marvell Technology Group Ltd. | 114 | 04/30/21 | USD | 60.00 | USD | 558 | (3,021 | ) | ||||||||||||||||
Marvell Technology Group Ltd. | 184 | 04/30/21 | USD | 50.00 | USD | 901 | (35,236 | ) | ||||||||||||||||
MercadoLibre, Inc. | 21 | 04/30/21 | USD | 1,710.00 | USD | 3,092 | (15,750 | ) | ||||||||||||||||
Microsoft Corp. | 88 | 04/30/21 | USD | 237.50 | USD | 2,075 | (56,760 | ) | ||||||||||||||||
MongoDB, Inc. | 13 | 04/30/21 | USD | 300.00 | USD | 348 | (7,410 | ) | ||||||||||||||||
NetEase, Inc., ADR | 135 | 04/30/21 | USD | 109.00 | USD | 1,394 | (27,675 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 142 | 04/30/21 | USD | 262.50 | USD | 3,448 | (57,155 | ) | ||||||||||||||||
RingCentral, Inc., Class A | 29 | 04/30/21 | USD | 370.00 | USD | 864 | (3,190 | ) | ||||||||||||||||
Roku, Inc. | 11 | 04/30/21 | USD | 400.00 | USD | 358 | (3,460 | ) | ||||||||||||||||
salesforce.com, Inc. | 87 | 04/30/21 | USD | 220.00 | USD | 1,843 | (30,015 | ) | ||||||||||||||||
Shopify, Inc., Class A | 26 | 04/30/21 | USD | 1,200.00 | USD | 2,877 | (72,670 | ) | ||||||||||||||||
Skyworks Solutions, Inc. | 107 | 04/30/21 | USD | 187.50 | USD | 1,963 | (73,027 | ) | ||||||||||||||||
Snap, Inc., Class A | 165 | 04/30/21 | USD | 64.00 | USD | 863 | (25,245 | ) | ||||||||||||||||
Square, Inc., Class A | 205 | 04/30/21 | USD | 250.00 | USD | 4,655 | (113,262 | ) | ||||||||||||||||
StoneCo. Ltd., Class A | 152 | 04/30/21 | USD | 73.00 | USD | 931 | (7,980 | ) |
CONSOLIDATED SCHEDULE OF INVESTMENTS | 5 |
Consolidated Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) |
Exchange-Traded Options Written (continued)
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||||||
Call (continued) | ||||||||||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 277 | 04/30/21 | USD | 121.00 | USD | 3,276 | $ | (103,875 | ) | |||||||||||||||
Teladoc Health, Inc. | 22 | 04/30/21 | USD | 225.00 | USD | 400 | (2,607 | ) | ||||||||||||||||
Tesla, Inc. | 4 | 04/30/21 | USD | 810.00 | USD | 267 | (3,710 | ) | ||||||||||||||||
Twilio, Inc., Class A | 43 | 04/30/21 | USD | 405.00 | USD | 1,465 | (17,522 | ) | ||||||||||||||||
Uber Technologies, Inc. | 156 | 04/30/21 | USD | 63.50 | USD | 850 | (7,722 | ) | ||||||||||||||||
Visa, Inc., Class A | 51 | 04/30/21 | USD | 230.00 | USD | 1,080 | (5,687 | ) | ||||||||||||||||
Yandex NV, Class A | 245 | 04/30/21 | USD | 68.50 | USD | 1,570 | (27,562 | ) | ||||||||||||||||
Zoom Video Communications, Inc., Class A | 32 | 04/30/21 | USD | 380.00 | USD | 1,028 | (9,200 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 78 | 05/07/21 | USD | 98.00 | USD | 725 | (16,302 | ) | ||||||||||||||||
Adobe, Inc. | 23 | 05/07/21 | USD | 500.00 | USD | 1,093 | (17,250 | ) | ||||||||||||||||
Advanced Micro Devices, Inc. | 356 | 05/07/21 | USD | 83.00 | USD | 2,795 | (89,000 | ) | ||||||||||||||||
Amazon.Com, Inc. | 9 | 05/07/21 | USD | 3,195.00 | USD | 2,785 | (64,755 | ) | ||||||||||||||||
Apple, Inc. | 95 | 05/07/21 | USD | 126.00 | USD | 1,160 | (31,112 | ) | ||||||||||||||||
Atlassian Corp. PLC, Class A | 84 | 05/07/21 | USD | 230.00 | USD | 1,770 | (53,340 | ) | ||||||||||||||||
Autodesk, Inc. | 37 | 05/07/21 | USD | 277.50 | USD | 1,025 | (42,550 | ) | ||||||||||||||||
Cree, Inc. | 93 | 05/07/21 | USD | 116.00 | USD | 1,006 | (50,220 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 37 | 05/07/21 | USD | 197.50 | USD | 675 | (22,292 | ) | ||||||||||||||||
Marvell Technology Group Ltd. | 183 | 05/07/21 | USD | 50.00 | USD | 896 | (39,802 | ) | ||||||||||||||||
Microsoft Corp. | 52 | 05/07/21 | USD | 245.00 | USD | 1,226 | (18,044 | ) | ||||||||||||||||
Skyworks Solutions, Inc. | 76 | 05/07/21 | USD | 190.00 | USD | 1,394 | (48,830 | ) | ||||||||||||||||
Snap, Inc., Class A | 137 | 05/07/21 | USD | 55.00 | USD | 716 | (53,430 | ) | ||||||||||||||||
Snap, Inc., Class A | 41 | 05/07/21 | USD | 57.50 | USD | 214 | (12,402 | ) | ||||||||||||||||
StoneCo. Ltd., Class A | 80 | 05/07/21 | USD | 70.00 | USD | 490 | (8,800 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 22 | 05/07/21 | USD | 119.00 | USD | 260 | (11,110 | ) | ||||||||||||||||
Tesla, Inc. | 11 | 05/07/21 | USD | 700.00 | USD | 735 | (46,117 | ) | ||||||||||||||||
Tesla, Inc. | 21 | 05/07/21 | USD | 745.00 | USD | 1,403 | (54,915 | ) | ||||||||||||||||
Twilio, Inc., Class A | 30 | 05/07/21 | USD | 370.00 | USD | 1,022 | (41,400 | ) | ||||||||||||||||
Visa, Inc., Class A | 23 | 05/07/21 | USD | 215.00 | USD | 487 | (12,995 | ) | ||||||||||||||||
Yandex NV, Class A | 230 | 05/07/21 | USD | 68.00 | USD | 1,473 | (64,400 | ) | ||||||||||||||||
Adobe, Inc. | 26 | 05/21/21 | USD | 490.00 | USD | 1,236 | (35,490 | ) | ||||||||||||||||
Alphabet, Inc., Class A | 14 | 05/21/21 | USD | 2,050.00 | USD | 2,888 | (134,540 | ) | ||||||||||||||||
Amazon.com, Inc. | 4 | 05/21/21 | USD | 3,260.00 | USD | 1,238 | (26,660 | ) | ||||||||||||||||
Apple, Inc. | 92 | 05/21/21 | USD | 140.00 | USD | 1,124 | (8,832 | ) | ||||||||||||||||
Apple, Inc. | 210 | 05/21/21 | USD | 130.00 | USD | 2,565 | (56,595 | ) | ||||||||||||||||
Atlassian Corp. PLC, Class A | 4 | 05/21/21 | USD | 230.00 | USD | 84 | (3,040 | ) | ||||||||||||||||
Avalara, Inc. | 150 | 05/21/21 | USD | 150.00 | USD | 2,001 | (67,500 | ) | ||||||||||||||||
Chegg, Inc. | 209 | 05/21/21 | USD | 99.00 | USD | 1,790 | (47,889 | ) | ||||||||||||||||
Coupa Software, Inc. | 39 | 05/21/21 | USD | 280.00 | USD | 993 | (34,905 | ) | ||||||||||||||||
Cree, Inc. | 99 | 05/21/21 | USD | 120.00 | USD | 1,071 | (49,500 | ) | ||||||||||||||||
Elastic NV | 99 | 05/21/21 | USD | 135.00 | USD | 1,101 | (16,582 | ) | ||||||||||||||||
Facebook, Inc., Class A | 37 | 05/21/21 | USD | 290.00 | USD | 1,090 | (69,097 | ) | ||||||||||||||||
Inphi Corp. | 161 | 05/21/21 | USD | 170.00 | USD | 2,872 | (197,225 | ) | ||||||||||||||||
Lam Research Corp. | 38 | 05/21/21 | USD | 580.00 | USD | 2,262 | (181,355 | ) | ||||||||||||||||
Marvell Technology Group Ltd. | 410 | 05/21/21 | USD | 52.50 | USD | 2,008 | (70,315 | ) | ||||||||||||||||
Microsoft Corp. | 37 | 05/21/21 | USD | 250.00 | USD | 872 | (13,042 | ) | ||||||||||||||||
MongoDB, Inc. | 24 | 05/21/21 | USD | 380.00 | USD | 642 | (4,080 | ) | ||||||||||||||||
Monolithic Power Systems, Inc. | 118 | 05/21/21 | USD | 370.00 | USD | 4,168 | (193,520 | ) | ||||||||||||||||
Okta, Inc. | 108 | 05/21/21 | USD | 260.00 | USD | 2,381 | (32,562 | ) | ||||||||||||||||
Pagseguro Digital Ltd., Class A | 156 | 05/21/21 | USD | 57.50 | USD | 722 | (8,580 | ) | ||||||||||||||||
Paycom Software, Inc. | 41 | 05/21/21 | USD | 430.00 | USD | 1,517 | (32,185 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 77 | 05/21/21 | USD | 250.00 | USD | 1,870 | (86,625 | ) | ||||||||||||||||
Qualcomm, Inc. | 98 | 05/21/21 | USD | 140.00 | USD | 1,299 | (38,465 | ) | ||||||||||||||||
Roku, Inc. | 21 | 05/21/21 | USD | 350.00 | USD | 684 | (45,727 | ) | ||||||||||||||||
salesforce.com, Inc. | 80 | 05/21/21 | USD | 220.00 | USD | 1,695 | (43,800 | ) | ||||||||||||||||
Shoals Technologies Group Inc., Class A | 263 | 05/21/21 | USD | 40.00 | USD | 915 | (71,010 | ) | ||||||||||||||||
Shopify, Inc., Class A | 11 | 05/21/21 | USD | 1,225.00 | USD | 1,217 | (43,560 | ) | ||||||||||||||||
Shopify, Inc., Class A | 25 | 05/21/21 | USD | 1,150.00 | USD | 2,766 | (164,125 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 175 | 05/21/21 | USD | 130.00 | USD | 2,070 | (40,687 | ) | ||||||||||||||||
Teladoc Health, Inc. | 13 | 05/21/21 | USD | 195.00 | USD | 236 | (12,935 | ) | ||||||||||||||||
Tesla, Inc. | 4 | 05/21/21 | USD | 830.00 | USD | 267 | (6,090 | ) | ||||||||||||||||
Twilio, Inc., Class A | 43 | 05/21/21 | USD | 400.00 | USD | 1,465 | (45,472 | ) | ||||||||||||||||
Uber Technologies, Inc., | 156 | 05/21/21 | USD | 60.00 | USD | 850 | (29,796 | ) |
6 |
Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) |
Exchange-Traded Options Written (continued)
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||||||
Call (continued) | ||||||||||||||||||||||||
Unity Software, Inc. | 140 | 05/21/21 | USD | 130.00 | USD | 1,404 | $ | (24,500) | ||||||||||||||||
Visa, Inc., Class A | 22 | 05/21/21 | USD | 220.00 | USD | 466 | (9,460) | |||||||||||||||||
ZoomInfo Technologies, Inc., Class A | 346 | 05/21/21 | USD | 55.00 | USD | 1,692 | (77,850) | |||||||||||||||||
|
| |||||||||||||||||||||||
$ | (5,352,434) | |||||||||||||||||||||||
|
|
OTC Options Written
Description | Counterparty | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | ||||||||||||||||||||||||
Call | ||||||||||||||||||||||||||||||
Kakao Corp. | Morgan Stanley & Co. International PLC | 2,000 | 04/07/21 | USD | 497,175.00 | USD | 999,064 | $ | (17,587) | |||||||||||||||||||||
Kingdee International Software Group Co. Ltd. | Morgan Stanley & Co. International PLC | 799,000 | 04/07/21 | HKD | 33.11 | HKD | 19,479 | (34) | ||||||||||||||||||||||
SOITEC SA. | UBS AG | 1,500 | 04/07/21 | EUR | 177.88 | EUR | 261 | (3,617) | ||||||||||||||||||||||
Adyen NV | UBS AG | 1,800 | 04/13/21 | �� | EUR | 2,059.20 | EUR | 3,425 | (18,098) | |||||||||||||||||||||
SOITEC SA. | Barclays Bank PLC | 7,800 | 04/13/21 | EUR | 178.09 | EUR | 1,358 | (28,948) | ||||||||||||||||||||||
GMO Payment Gateway, Inc. | JPMorgan Chase Bank N.A. | 14,000 | 04/14/21 | JPY | 14,516.48 | JPY | 205,979 | (71,483) | ||||||||||||||||||||||
Xero Ltd. | UBS AG | 18,300 | 04/14/21 | AUD | 121.24 | AUD | 2,332 | (106,820) | ||||||||||||||||||||||
STMicroelectronics NV | UBS AG | 27,400 | 04/15/21 | EUR | 33.66 | EUR | 893 | (18,197) | ||||||||||||||||||||||
ASML Holding NV | Goldman Sachs International | 12,700 | 04/20/21 | EUR | 456.15 | EUR | 6,645 | (1,029,504) | ||||||||||||||||||||||
Delivery Hero SE. | Morgan Stanley & Co. International PLC | 25,400 | 04/20/21 | EUR | 112.38 | EUR | 2,807 | (123,699) | ||||||||||||||||||||||
Meituan, Class B | Morgan Stanley & Co. International PLC | 88,000 | 04/20/21 | HKD | 334.13 | HKD | 26,697 | (69,907) | ||||||||||||||||||||||
SOITEC SA. | Morgan Stanley & Co. International PLC | 8,400 | 04/20/21 | EUR | 170.47 | EUR | 1,462 | (77,653) | ||||||||||||||||||||||
GMO Payment Gateway, Inc. | Goldman Sachs International | 11,700 | 04/27/21 | JPY | 14,223.03 | JPY | 172,140 | (96,093) | ||||||||||||||||||||||
STMicroelectronics NV | UBS AG | 24,100 | 04/27/21 | EUR | 30.73 | EUR | 785 | (68,321) | ||||||||||||||||||||||
Tencent Holdings Ltd. | Goldman Sachs International | 123,900 | 04/27/21 | HKD | 715.53 | HKD | 76,871 | (25,548) | ||||||||||||||||||||||
Renesas Electronics Corp. | Goldman Sachs International | 214,200 | 04/28/21 | JPY | 1,224.74 | JPY | 259,676 | (75,011) | ||||||||||||||||||||||
Meituan, Class B | Morgan Stanley & Co. International PLC | 95,000 | 04/29/21 | HKD | 355.59 | HKD | 28,821 | (66,312) | ||||||||||||||||||||||
SOITEC SA. | UBS AG | 7,500 | 05/04/21 | EUR | 169.82 | EUR | 1,305 | (86,078) | ||||||||||||||||||||||
Xero Ltd. | UBS AG | 21,000 | 05/04/21 | AUD | 122.82 | AUD | 2,676 | (132,113) | ||||||||||||||||||||||
Kakao Corp. | Morgan Stanley & Co. International PLC | 8,000 | 05/06/21 | USD | 512,940.00 | USD | 3,996,255 | (108,320) | ||||||||||||||||||||||
Kingdee International Software Group Co. Ltd. | Citibank N.A. | 416,000 | 05/06/21 | HKD | 28.71 | HKD | 10,142 | (41,663) | ||||||||||||||||||||||
Samsung SDI Co. Ltd. | Citibank N.A. | 6,400 | 05/06/21 | USD | 667,185.16 | USD | 4,259,161 | (189,956) | ||||||||||||||||||||||
Delivery Hero SE. | Goldman Sachs International | 5,500 | 05/14/21 | EUR | 113.47 | EUR | 608 | (34,249) | ||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
$ | (2,489,211) | |||||||||||||||||||||||||||||
|
|
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. 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 for identical assets or liabilities that the Trust has the ability to access; |
• | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and |
• | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global 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 Global 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
CONSOLIDATED SCHEDULE OF INVESTMENTS | 7 |
Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) |
Fair Value Hierarchy as of Period End (continued)
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 Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trust’s investments categorized in the fair value hierarchy. The breakdown of the Trust’s investments into major categories is disclosed in the Consolidated Schedule of Investments above.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Assets | ||||||||||||||||
Investments | ||||||||||||||||
Long-Term Investments | ||||||||||||||||
Common Stocks | ||||||||||||||||
Automobiles | $ | 19,231,041 | $ | 12,762,137 | $ | — | $ | 31,993,178 | ||||||||
Diversified Consumer Services | 10,309,781 | — | — | 10,309,781 | ||||||||||||
Diversified Financial Services | — | 2,624,480 | 5,181,282 | 7,805,762 | ||||||||||||
Electrical Equipment | 5,236,651 | — | — | 5,236,651 | ||||||||||||
Electronic Equipment, Instruments & Components | — | 10,862,530 | — | 10,862,530 | ||||||||||||
Entertainment | 39,534,086 | — | — | 39,534,086 | ||||||||||||
Health Care Technology | 6,780,729 | — | — | 6,780,729 | ||||||||||||
Hotels, Restaurants & Leisure | 3,896,748 | — | — | 3,896,748 | ||||||||||||
Interactive Media & Services | 91,350,426 | 47,108,666 | — | 138,459,092 | ||||||||||||
Internet & Direct Marketing Retail | 49,670,493 | 34,268,759 | 251,032 | 84,190,284 | ||||||||||||
IT Services | 192,407,418 | 20,903,500 | 30,740,655 | 244,051,573 | ||||||||||||
Road & Rail | 22,723,596 | — | — | 22,723,596 | ||||||||||||
Semiconductors & Semiconductor Equipment | 134,748,511 | 60,655,100 | — | 195,403,611 | ||||||||||||
Software | 219,643,950 | 32,217,725 | 3,180,841 | 255,042,516 | ||||||||||||
Specialty Retail | 4,770,685 | — | 3,150,040 | 7,920,725 | ||||||||||||
Technology Hardware, Storage & Peripherals | 47,682,596 | — | — | 47,682,596 | ||||||||||||
Preferred Securities | ||||||||||||||||
Preferred Stocks | — | — | 162,030,626 | 162,030,626 | ||||||||||||
Warrants | — | — | 134,984 | 134,984 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 18,792,968 | — | — | 18,792,968 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
$ | 866,779,679 | $ | 221,402,897 | $ | 204,669,460 | $ | 1,292,852,036 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Derivative Financial Instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Equity Contracts | $ | (5,304,430) | $ | (2,537,215) | $ | — | $ | (7,841,645) | ||||||||
|
|
|
|
|
|
|
|
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:
Common Stocks | Preferred Stocks | Warrants | Total | |||||||||||||
Assets | ||||||||||||||||
Opening balance, as of December 31, 2020 | $ | 37,043,595 | $ | 124,970,280 | $ | 189,763 | $ | 162,203,638 | ||||||||
Transfers into Level 3 | — | — | — | — | ||||||||||||
Transfers out of Level 3 | — | — | — | — | ||||||||||||
Other(a) | (15,104,799 | ) | 15,104,799 | — | — | |||||||||||
Accrued discounts/premiums | — | — | — | — | ||||||||||||
Net realized gain (loss) | — | 57,119 | — | 57,119 | ||||||||||||
Net change in unrealized appreciation (depreciation)(b) | 20,565,054 | 9,870,546 | (54,779 | ) | 30,380,821 | |||||||||||
Purchases | — | 18,082,601 | — | 18,082,601 | ||||||||||||
Sales | — | (6,054,719 | ) | — | (6,054,719 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Closing balance, as of March 31, 2021 | $ | 42,503,850 | $ | 162,030,626 | $ | 134,984 | $ | 204,669,460 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2021(b) | $ | 20,565,056 | $ | 24,195,731 | $ | (54,779) | $ | 44,706,008 | ||||||||
|
|
|
|
|
|
|
|
(a) | Certain Level 3 investments were re-classified between Common Stocks and Preferred Stocks. |
(b) | Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at March 31, 2021 is generally due to investments no longer held or categorized as Level 3 at period end. |
8 |
Schedule of Investments (unaudited) (continued) March 31, 2021 | BlackRock Science and Technology Trust (BST) |
The following table summarizes the valuation approaches used and unobservable inputs utilized by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) to determine the value of certain of the Trust’s Level 3 financial instruments as of period end.
Value | Valuation Approach | Unobservable Inputs | Range of Utilized(a) | Weighted Average of Unobservable Inputs | ||||||||||||||
Assets | ||||||||||||||||||
Common Stocks(b) | $ | 42,503,850 | Market | Revenue Multiple | 6.25x - 42.00x | 23.32x | ||||||||||||
Recent Transactions | – | – | ||||||||||||||||
Preferred Stocks(c)(d) | 162,030,626 | Income | Discount Rate | 17% - 27% | 23% | |||||||||||||
Exit Multiple | 8.75x | – | ||||||||||||||||
Market | Revenue Multiple | 2.65x - 42.00x | 15.99x | |||||||||||||||
EBITDA Multiple | 19.75x | – | ||||||||||||||||
Volatility | 41% - 58% | 53% | ||||||||||||||||
Time to Exit | 2.5 - 5.0 | 3.0 | ||||||||||||||||
Recent Transactions | – | – | ||||||||||||||||
Warrants |
| 134,984
|
|
| Market
|
| Recent Transactions
|
| –
|
|
| –
|
| |||||
|
| |||||||||||||||||
$204,669,460 | ||||||||||||||||||
|
|
(a) | A significant change in unobservable input would have resulted in a correlated (inverse) significant change to value. |
(b) | For the period end March 31, 2021, the valuation technique for investments classified as Common Stocks amounting to $3,150,040 changed to Transaction Price approach. The investments were previously valued utilizing Current Value Method. The change was due to consideration of the information that was available at the time the investments were valued. |
(c) | For the period end March 31, 2021, the valuation technique for investments classified as Preferred Stocks amounting to $23,456,969 changed to Current Value Method. The investments were previously valued utilizing Transaction Price Approach. The change was due to consideration of the information that was available at the time the investments were valued. |
(d) | For the period end March 31, 2021, the valuation technique for investments classified as Preferred Stocks amounting to $14,087,474 changed to Transaction Price approach. The investments were previously valued utilizing Current Value Method. The change was due to consideration of the information that was available at the time the investments were valued. |
Currency Abbreviation
AUD | Australian Dollar | |
EUR | Euro | |
HKD | Hong Kong Dollar | |
JPY | Japanese Yen | |
USD | United States Dollar |
Portfolio Abbreviation
ADR | American Depositary Receipt |
CONSOLIDATED SCHEDULE OF INVESTMENTS | 9 |