Consolidated Schedule of Investments (unaudited) September 30, 2021 | BlackRock Science and Technology Trust (BST) (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks |
| |||||||
Airlines — 0.2% | ||||||||
Lilium N.V., (Acquired 09/13/21, | 350,000 | $ | 3,398,315 | |||||
|
| |||||||
Automobiles — 2.3% | ||||||||
Arrival Ltd., (Acquired 09/27/21, | 835,013 | 10,980,421 | ||||||
Arrival SA(b)(c)(d) | 180,232 | 2,370,051 | ||||||
Tesla, Inc.(b)(c) | 34,934 | 27,090,618 | ||||||
|
| |||||||
40,441,090 | ||||||||
Banks — 2.1% | ||||||||
Klarna Holdings AB, (Acquired 08/07/19, | 26,430 | 36,387,653 | ||||||
|
| |||||||
Capital Markets — 0.4% | ||||||||
Robinhood Markets, Inc., Class A(b)(c)(d) | 168,360 | 7,084,589 | ||||||
|
| |||||||
Diversified Consumer Services — 0.7% | ||||||||
Chegg, Inc.(b)(c) | 132,939 | 9,042,511 | ||||||
Think & Learn Private Ltd., (Acquired 09/30/20, | 997 | 3,828,996 | ||||||
|
| |||||||
12,871,507 | ||||||||
Diversified Financial Services — 0.6% | ||||||||
TransferWise | 27,945 | 10,649,020 | ||||||
|
| |||||||
Electrical Equipment(b)(c) — 0.8% | ||||||||
Array Technologies, Inc. | 461,679 | 8,550,295 | ||||||
Shoals Technologies Group, Inc., Class A | 194,549 | 5,424,026 | ||||||
|
| |||||||
13,974,321 | ||||||||
Electronic Equipment, Instruments & Components — 0.8% | ||||||||
Samsung SDI Co. Ltd | 24,747 | 14,767,026 | ||||||
|
| |||||||
Entertainment — 2.3% | ||||||||
Activision Blizzard, Inc.(b) | 155,236 | 12,013,714 | ||||||
Krafton, Inc.(c)(d) | 31,356 | 13,294,521 | ||||||
Roku, Inc.(b)(c) | 47,235 | 14,801,087 | ||||||
|
| |||||||
40,109,322 | ||||||||
Hotels, Restaurants & Leisure — 0.4% | ||||||||
Airbnb, Inc., Class A(b)(c) | 37,252 | 6,249,023 | ||||||
|
| |||||||
Interactive Media & Services — 9.6% | ||||||||
Alphabet, Inc., Class A(b)(c) | 16,230 | 43,391,230 | ||||||
Facebook, Inc., Class A(b)(c) | 73,953 | 25,098,909 | ||||||
Kakao Corp. | 290,958 | 28,615,171 | ||||||
Kanzhun Ltd., ADR(c) | 134,556 | 4,842,670 | ||||||
Snap, Inc., Class A(b)(c) | 296,070 | 21,870,691 | ||||||
Yandex NV, Class A(b)(c) | 195,458 | 15,576,048 | ||||||
Z Holdings Corp. | 2,037,900 | 13,042,675 | ||||||
ZoomInfo Technologies, Inc., Class A(b)(c) | 244,602 | 14,967,196 | ||||||
|
| |||||||
167,404,590 | ||||||||
Internet & Direct Marketing Retail — 4.0% | ||||||||
Amazon.com, Inc.(b)(c) | 11,198 | 36,785,878 | ||||||
Delivery Hero SE(c)(f) | 95,470 | 12,177,691 | ||||||
Ensogo Ltd.(c)(e) | 173,282 | 1 | ||||||
Jasper Infotech Private Ltd., Series I, (Acquired 08/18/15, Cost: $1,998,435)(a)(e) | 1,054 | 176,893 | ||||||
MercadoLibre, Inc.(b)(c) | 12,473 | 20,947,156 | ||||||
|
| |||||||
70,087,619 | ||||||||
IT Services — 16.8% | ||||||||
Accenture PLC, Class A(b) | 54,906 | 17,565,528 | ||||||
Adyen NV(c)(f) | 5,007 | 13,996,376 | ||||||
Automattic, Inc., Series E, (Acquired 02/03/21, Cost: $7,999,945)(a)(e) | 94,117 | 8,896,880 | ||||||
Fiserv, Inc.(b)(c) | 116,725 | 12,664,663 |
Security | Shares | Value | ||||||
IT Services (continued) | ||||||||
GMO Payment Gateway, Inc. | 92,500 | $ | 11,679,183 | |||||
Marqeta, Inc., Class A(c) | 410,502 | 9,080,304 | ||||||
Mastercard, Inc., Class A(b) | 83,560 | 29,052,141 | ||||||
MongoDB, Inc.(b)(c) | 36,252 | 17,093,181 | ||||||
Okta, Inc.(b)(c) | 75,945 | 18,024,786 | ||||||
PayPal Holdings, Inc.(b)(c) | 125,657 | 32,697,208 | ||||||
Shopify, Inc., Class A(b)(c) | 14,378 | 19,493,405 | ||||||
Snowflake, Inc., Class A(b)(c) | 14,418 | 4,360,436 | ||||||
Square, Inc., Class A(b)(c) | 123,624 | 29,649,980 | ||||||
Thoughtworks Holding, Inc.(b)(c) | 469,678 | 13,484,455 | ||||||
TRAX Ltd., Series D, (Acquired 02/18/21, Cost: $1,999,989)(a)(e) | 38,361 | 2,133,255 | ||||||
TRAX Ltd., Series E, (Acquired 09/12/19, Cost: $4,000,013)(a)(e) | 106,667 | 5,931,752 | ||||||
Twilio, Inc., Class A(b)(c) | 73,502 | 23,450,813 | ||||||
Visa, Inc., Class A(b) | 114,046 | 25,403,746 | ||||||
|
| |||||||
294,658,092 | ||||||||
Machinery — 0.1% | ||||||||
Berkshire Grey, Inc. | 238,775 | 1,678,588 | ||||||
|
| |||||||
Professional Services — 0.7% | ||||||||
Recruit Holdings Co. Ltd. | 208,700 | 12,756,959 | ||||||
|
| |||||||
Road & Rail — 1.1% | ||||||||
Didi Global, Inc., (Acquired 07/08/21, | 440,012 | 3,343,905 | ||||||
Lyft, Inc., Class A(b)(c) | 209,319 | 11,217,405 | ||||||
TuSimple Holdings, Inc., Class A(b)(c) | 114,035 | 4,234,120 | ||||||
|
| |||||||
18,795,430 | ||||||||
Semiconductors & Semiconductor Equipment — 14.0% | ||||||||
Advanced Micro Devices, Inc.(b)(c) | 246,478 | 25,362,586 | ||||||
Alphawave IP Group PLC(c) | 1,604,288 | 5,014,954 | ||||||
Analog Devices, Inc.(b) | 50,378 | 8,437,307 | ||||||
ASML Holding NV | 40,889 | 30,546,462 | ||||||
Cree, Inc.(b) | — | — | ||||||
Lam Research Corp.(b) | 44,718 | 25,451,250 | ||||||
Marvell Technology, Inc.(b) | 578,677 | 34,900,010 | ||||||
Monolithic Power Systems, Inc. | 36,607 | 17,742,681 | ||||||
Qualcomm, Inc.(b) | 71,083 | 9,168,285 | ||||||
Renesas Electronics Corp.(c) | 1,228,400 | 15,118,352 | ||||||
Skyworks Solutions, Inc.(b) | 58,795 | 9,688,240 | ||||||
Soitec SA(c) | 77,414 | 16,734,415 | ||||||
STMicroelectronics NV | 306,436 | 13,379,518 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR(b) | 183,509 | 20,488,780 | ||||||
Wolfspeed, Inc. | 150,470 | 12,147,443 | ||||||
|
| |||||||
244,180,283 | ||||||||
Software — 21.0% | ||||||||
Adobe, Inc.(b)(c) | 39,042 | 22,477,260 | ||||||
AppLovin Corp., Class A(b)(c) | 167,279 | 12,105,981 | ||||||
Atlassian Corp. PLC, Class A(b)(c) | 48,947 | 19,158,835 | ||||||
Autodesk, Inc.(b)(c) | 49,693 | 14,170,953 | ||||||
Avalara, Inc.(b)(c) | 89,151 | 15,580,920 | ||||||
C3.AI, Inc., Class A(b)(c) | 201,236 | 9,325,276 | ||||||
Cadence Design Systems, Inc.(b)(c) | 105,172 | 15,927,248 | ||||||
Coupa Software, Inc.(b)(c) | 52,482 | 11,503,005 | ||||||
Crowdstrike Holdings, Inc., Class A(b)(c) | 55,778 | 13,709,117 | ||||||
CS Disco, Inc.(c) | 187,702 | 8,998,434 | ||||||
Databricks, Inc., (Acquired 07/24/20, | 19,999 | 4,408,780 | ||||||
DataRobot, Inc., Series F, (Acquired 03/01/21, Cost: $583,275)(a)(e) | 38,789 | 1,154,749 |
CONSOLIDATED SCHEDULES OF INVESTMENTS | 1 |
|
Consolidated Schedule of Investments (unaudited) (continued) September 30, 2021 | BlackRock Science and Technology Trust (BST) (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Software (continued) | ||||||||
Elastic NV(b)(c) | 64,747 | $ | 9,646,655 | |||||
Freshworks, Inc., Class A(b)(c) | 88,217 | 3,765,984 | ||||||
Intuit, Inc.(b) | 31,264 | 16,867,241 | ||||||
Linklogis, Inc., (Acquired 03/31/21, | 1,149,000 | 1,180,778 | ||||||
Microsoft Corp.(b) | 226,677 | 63,904,780 | ||||||
Patreon, Inc., (Acquired 08/19/21, | 59,524 | 3,333,344 | ||||||
Paycom Software, Inc.(b)(c) | 30,220 | 14,981,565 | ||||||
salesforce.com, Inc.(b)(c) | 60,731 | 16,471,462 | ||||||
ServiceNow, Inc.(b)(c) | 35,960 | 22,376,829 | ||||||
SiteMinder Ltd., Class A, (Acquired 01/21/20, | 53,642 | 6,506,587 | ||||||
Snorkel AI, Inc., (Acquired 06/30/21, | 66,422 | 1,037,512 | ||||||
Snyk Ltd. , (Acquired 09/02/21, | 361,972 | 5,190,678 | ||||||
Unity Software, Inc.(b)(c) | 113,383 | 14,314,604 | ||||||
Xero Ltd.(c) | 135,671 | 13,313,192 | ||||||
Zoom Video Communications, Inc., Class A(b)(c) | 27,019 | 7,065,468 | ||||||
Zscaler, Inc.(b)(c) | 74,956 | 19,654,962 | ||||||
|
| |||||||
368,132,199 | ||||||||
Specialty Retail — 0.6% | ||||||||
Cazoo Group Ltd., (Acquired 10/08/20, | 1,298,058 | 9,676,871 | ||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 3.6% | ||||||||
Apple, Inc.(b) | 450,747 | 63,780,700 | ||||||
|
| |||||||
Total Common Stocks — 82.1% |
| 1,437,083,197 | ||||||
|
| |||||||
Preferred Securities | ||||||||
Preferred Stocks — 12.8% | ||||||||
Diversified Consumer Services — 0.2% | ||||||||
Think & Learn Private Ltd., Series F, (Acquired 09/30/20, | 1,054 | 4,047,905 | ||||||
|
| |||||||
Diversified Financial Services — 2.3% | ||||||||
Databricks, Inc., Series F, (Acquired 10/22/19, | 93,135 | 20,531,611 | ||||||
TransferWise | ||||||||
Series A | 11,355 | 4,327,057 | ||||||
Series B | 3,261 | 1,242,671 | ||||||
Series C | 1,824 | 695,073 | ||||||
Series D | 504 | 192,060 | ||||||
Series E | 53 | 20,197 | ||||||
TransferWise (Seed Preferred) | 9,603 | 3,659,422 | ||||||
Trumid Holdings LLC, Class L, (Acquired 09/15/21, | 11,420 | 9,999,694 | ||||||
|
| |||||||
40,667,785 | ||||||||
Electrical Equipment(a)(e) — 0.4% | ||||||||
Credo Technology Group Holding Ltd. | ||||||||
Series D, (Acquired 03/20/20, | 1,001,382 | 6,498,969 | ||||||
Series D+, (Acquired 01/22/20, | 69,679 | 452,217 | ||||||
|
| |||||||
6,951,186 |
Security | Shares | Value | ||||||
Entertainment — 0.4% | ||||||||
Discord, Inc., (Acquired 09/13/21, | 12,713 | $ | 7,000,088 | |||||
|
| |||||||
Food Products(a)(e) — 0.7% | ||||||||
Farmer’s Business Network, Inc. | ||||||||
(Acquired 09/15/21, Cost: $6,999,963) | 112,616 | 7,000,211 | ||||||
Series F, (Acquired 07/31/20, | 90,750 | 5,641,020 | ||||||
|
| |||||||
12,641,231 | ||||||||
Interactive Media & Services — 0.9% | ||||||||
ByteDance Ltd., Series E, (Acquired 11/11/20, | 91,262 | 15,309,818 | ||||||
|
| |||||||
IT Services(a)(e) — 1.6% | ||||||||
Deep Instinct Ltd., Series D-2, (Acquired 03/19/21, | 493,493 | 3,405,101 | ||||||
Solugen, Inc., (Acquired 09/02/21, Cost: $9,999,977) . | 269,284 | 10,000,777 | ||||||
Trumid Holdings LLC(g) | ||||||||
Class J-A, (Acquired 07/24/20, | 5,038 | 4,411,424 | ||||||
Class J-B, (Acquired 07/24/20, | 5,038 | 4,411,424 | ||||||
Voltron Data, Inc., (Acquired 07/14/21, | 9,090,909 | 5,000,000 | ||||||
|
| |||||||
27,228,726 | ||||||||
Road & Rail(a)(e) — 0.8% | ||||||||
Ant Group Co., Ltd, Series C, (Acquired 05/18/18, | 1,157,373 | 6,400,273 | ||||||
FlixMobility GmbH, Series F, (Acquired 07/26/19, | 275 | 6,421,710 | ||||||
|
| |||||||
12,821,983 | ||||||||
Semiconductors & Semiconductor Equipment(a)(e) — 2.6% | ||||||||
Innovium, Inc. | ||||||||
Series E, (Acquired 08/21/19, Cost: $3,000,003) | 353,478 | 2,997,494 | ||||||
Series F, (Acquired 06/10/20, | 296,062 | 2,984,305 | ||||||
Psiquantum Corp., Series C, (Acquired 09/09/19, Cost: $3,200,234) | 690,003 | 14,110,561 | ||||||
PsiQuantum Corp., Series D, (Acquired 05/21/21, Cost: $5,000,025) | 190,650 | 4,995,030 | ||||||
SambaNova Systems, Inc., Series C, (Acquired 02/20/20, Cost: $9,972,126) | 187,300 | 20,295,828 | ||||||
|
| |||||||
45,383,218 | ||||||||
Software(a)(e) — 2.9% | ||||||||
Avidxchange, Inc., (Acquired 07/29/20, Cost: $2,022,088) | 41,257 | 3,370,697 | ||||||
Databricks, Inc., Series G, (Acquired 02/01/21, | 25,371 | 5,593,037 | ||||||
DataRobot, Inc., Series F, (Acquired 10/27/20, | 228,276 | 6,795,776 | ||||||
GitLab, Inc., Series E, (Acquired 09/10/19, | 156,500 | 8,998,750 | ||||||
Patreon, Inc., Series D, (Acquired 07/14/21, | 119,047 | 6,666,632 | ||||||
Snorkel AI, Inc., Series C, (Acquired 06/30/21, | 332,896 | 5,199,835 | ||||||
Snyk, Ltd., (Acquired 09/02/21, | 335,159 | 4,806,180 |
2 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 2021 | BlackRock Science and Technology Trust (BST) (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Software (continued) | ||||||||
Unqork, Inc. | ||||||||
Series B, (Acquired 09/19/19, Cost: $3,198,417) | 281,080 | $ | 8,297,482 | |||||
Series C, (Acquired 09/18/20, Cost: $1,303,260) | 47,600 | 1,405,152 | ||||||
|
| |||||||
51,133,541 | ||||||||
|
| |||||||
Total Preferred Stocks — 12.8% | 223,185,481 | |||||||
|
| |||||||
Total Preferred Securities — 12.8% | 223,185,481 | |||||||
|
| |||||||
Warrants | ||||||||
IT Services — 0.0% |
| |||||||
TRAX Ltd., (Acquired 09/12/19, Cost: $0)(a)(e) | 17,065 | 174,575 | ||||||
|
| |||||||
Total Warrants — 0.0% | 174,575 | |||||||
|
| |||||||
Total Long-Term Investments — 94.9% | 1,660,443,253 | |||||||
|
| |||||||
Short-Term Securities | ||||||||
Money Market Funds — 6.0% | ||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class, 0.01%(h)(i) | 97,469,011 | 97,469,011 | ||||||
SL Liquidity Series, LLC, Money Market Series, 0.13%(h)(i)(j) | 8,459,902 | 8,462,440 | ||||||
|
| |||||||
Total Short-Term Securities — 6.0% |
| 105,931,451 | ||||||
|
| |||||||
Total Investments Before Options Written — 100.9% |
| 1,766,374,704 | ||||||
|
| |||||||
Options Written — (0.4)% | (6,905,512 | ) | ||||||
|
| |||||||
Total Investments, Net of Options Written — 100.5% |
| 1,759,469,192 | ||||||
Liabilities in Excess of Other Assets — (0.5)% |
| (9,067,190 | ) | |||||
|
| |||||||
Net Assets — 100.0% |
| $ | 1,750,402,002 | |||||
|
|
(a) | Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $320,790,945, representing 18.3% of its net assets as of period end, and an original cost of $204,117,628. |
(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) | All or a portion of this security is on loan. |
(e) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(f) | 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. |
(g) | All or a portion of the security is held by a wholly-owned subsidiary. |
(h) | Affiliate of the Trust. |
(i) | Annualized 7-day yield as of period end. |
(j) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
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 September 30, 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 09/30/21 | Shares Held at 09/30/21 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class | $ | 9,266,737 | $ | 88,202,274 | (a) | $ | — | $ | — | $ | — | $ | 97,469,011 | 97,469,011 | $ | 3,987 | $ | — | ||||||||||||||||||
SL Liquidity Series, LLC, Money Market Series | — | 8,462,440 | (a) | — | — | — | 8,462,440 | 8,459,902 | 316,355 | (b) | — | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||
$ | — | $ | — | $ | 105,931,451 | $ | 320,342 | $ | — | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(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. |
CONSOLIDATED SCHEDULES OF INVESTMENTS | 3 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 2021 | BlackRock Science and Technology Trust (BST) |
Derivative Financial Instruments Outstanding as of Period End
Exchange-Traded Options Written
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount | Value | |||||||||||||||||||
Call | ||||||||||||||||||||||||
Accenture PLC, Class A | 96 | 10/01/21 | USD | 330.00 | USD | 3,071 | $ | (1,920 | ) | |||||||||||||||
Analog Devices, Inc. | 4 | 10/01/21 | USD | 170.00 | USD | 67 | (140 | ) | ||||||||||||||||
Cree, Inc. | 134 | 10/01/21 | USD | 84.00 | USD | 1,082 | (2,010 | ) | ||||||||||||||||
Marvell Technology Inc. | 491 | 10/01/21 | USD | 60.25 | USD | 2,961 | (27,153 | ) | ||||||||||||||||
MercadoLibre, Inc. | 10 | 10/01/21 | USD | 1,830.00 | USD | 1,679 | (3,500 | ) | ||||||||||||||||
Okta, Inc. | 28 | 10/01/21 | USD | 240.00 | USD | 665 | (3,332 | ) | ||||||||||||||||
ServiceNow, Inc. | 32 | 10/01/21 | USD | 600.00 | USD | 1,991 | (75,040 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 38 | 10/01/21 | USD | 114.00 | USD | 424 | (361 | ) | ||||||||||||||||
Adobe, Inc. | 30 | 10/08/21 | USD | 665.00 | USD | 1,727 | (435 | ) | ||||||||||||||||
Amazon.com, Inc. | 6 | 10/08/21 | USD | 3,575.00 | USD | 1,971 | (609 | ) | ||||||||||||||||
Analog Devices, Inc. | 73 | 10/08/21 | USD | 175.00 | USD | 1,223 | (4,198 | ) | ||||||||||||||||
Apple, Inc. | 160 | 10/08/21 | USD | 155.00 | USD | 2,264 | (480 | ) | ||||||||||||||||
Atlassian Corp. PLC, Class A | 40 | 10/08/21 | USD | 390.00 | USD | 1,566 | (40,600 | ) | ||||||||||||||||
Coupa Software, Inc. | 88 | 10/08/21 | USD | 250.00 | USD | 1,929 | (2,860 | ) | ||||||||||||||||
Cree, Inc. | 152 | 10/08/21 | USD | 92.00 | USD | 1,227 | (7,980 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 42 | 10/08/21 | USD | 285.00 | USD | 1,032 | (567 | ) | ||||||||||||||||
Fiserv, Inc. | 160 | 10/08/21 | USD | 119.00 | USD | 1,736 | (3,840 | ) | ||||||||||||||||
Lam Research Corp. | 43 | 10/08/21 | USD | 625.00 | USD | 2,447 | (3,290 | ) | ||||||||||||||||
Lyft, Inc., Class A | 94 | 10/08/21 | USD | 52.00 | USD | 504 | (22,184 | ) | ||||||||||||||||
Mastercard, Inc., Class A | 41 | 10/08/21 | USD | 360.00 | USD | 1,425 | (5,740 | ) | ||||||||||||||||
MercadoLibre, Inc. | 11 | 10/08/21 | USD | 2,100.00 | USD | 1,847 | (880 | ) | ||||||||||||||||
Microsoft Corp. | 47 | 10/08/21 | USD | 305.00 | USD | 1,325 | (447 | ) | ||||||||||||||||
MongoDB, Inc. | 12 | 10/08/21 | USD | 415.00 | USD | 566 | (71,100 | ) | ||||||||||||||||
Roku, Inc. | 23 | 10/08/21 | USD | 385.00 | USD | 721 | (299 | ) | ||||||||||||||||
salesforce.com, Inc. | 125 | 10/08/21 | USD | 270.00 | USD | 3,390 | (67,187 | ) | ||||||||||||||||
ServiceNow, Inc. | 49 | 10/08/21 | USD | 675.00 | USD | 3,049 | (1,470 | ) | ||||||||||||||||
Shopify, Inc., Class A | 18 | 10/08/21 | USD | 1,560.00 | USD | 2,440 | (1,665 | ) | ||||||||||||||||
Snap, Inc., Class A | 210 | 10/08/21 | USD | 81.22 | USD | 1,551 | (9,453 | ) | ||||||||||||||||
Square, Inc., Class A | 44 | 10/08/21 | USD | 270.00 | USD | 1,055 | (924 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 45 | 10/08/21 | USD | 128.00 | USD | 502 | (248 | ) | ||||||||||||||||
Tesla, Inc. | 18 | 10/08/21 | USD | 755.00 | USD | 1,396 | (73,305 | ) | ||||||||||||||||
Twilio, Inc., Class A | 80 | 10/08/21 | USD | 380.00 | USD | 2,552 | (3,400 | ) | ||||||||||||||||
Visa, Inc., Class A | 70 | 10/08/21 | USD | 240.00 | USD | 1,559 | (700 | ) | ||||||||||||||||
Yandex NV, Class A | 100 | 10/08/21 | USD | 80.00 | USD | 797 | (14,250 | ) | ||||||||||||||||
Zoom Video Communications, Inc., Class A | 43 | 10/08/21 | USD | 325.00 | USD | 1,124 | (645 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 214 | 10/15/21 | USD | 82.50 | USD | 1,656 | (9,844 | ) | ||||||||||||||||
Adobe, Inc. | 26 | 10/15/21 | USD | 620.00 | USD | 1,497 | (3,809 | ) | ||||||||||||||||
Advanced Micro Devices, Inc. | 119 | 10/15/21 | USD | 110.00 | USD | 1,225 | (12,316 | ) | ||||||||||||||||
Airbnb, Inc., Class A | 33 | 10/15/21 | USD | 165.00 | USD | 554 | (22,605 | ) | ||||||||||||||||
Alphabet Inc., Class A | 14 | 10/15/21 | USD | 2,750.00 | USD | 3,743 | (39,130 | ) | ||||||||||||||||
Amazon.com, Inc. | 7 | 10/15/21 | USD | 3,600.00 | USD | 2,300 | (1,698 | ) | ||||||||||||||||
Analog Devices, Inc. | 4 | 10/15/21 | USD | 170.00 | USD | 67 | (960 | ) | ||||||||||||||||
Apple, Inc. | 53 | 10/15/21 | USD | 155.00 | USD | 750 | (742 | ) | ||||||||||||||||
Applovin Corp., Class A | 288 | 10/15/21 | USD | 85.00 | USD | 2,084 | (13,680 | ) | ||||||||||||||||
Array Technologies, Inc. | 807 | 10/15/21 | USD | 20.00 | USD | 1,495 | (34,297 | ) | ||||||||||||||||
Atlassian Corp. PLC, Class A | 34 | 10/15/21 | USD | 360.00 | USD | 1,331 | (119,000 | ) | ||||||||||||||||
Autodesk, Inc. | 24 | 10/15/21 | USD | 300.00 | USD | 684 | (4,020 | ) | ||||||||||||||||
Avalara, Inc. | 44 | 10/15/21 | USD | 180.00 | USD | 769 | (15,620 | ) | ||||||||||||||||
C3.AI, Inc., Class A | 167 | 10/15/21 | USD | 55.00 | USD | 774 | (5,428 | ) | ||||||||||||||||
Cadence Design Systems, Inc. | 178 | 10/15/21 | USD | 155.00 | USD | 2,696 | (33,820 | ) | ||||||||||||||||
Chegg, Inc. | 282 | 10/15/21 | USD | 85.00 | USD | 1,918 | (1,410 | ) | ||||||||||||||||
Chegg, Inc. | 120 | 10/15/21 | USD | 90.00 | USD | 816 | (600 | ) | ||||||||||||||||
Cree, Inc. | 123 | 10/15/21 | USD | 95.00 | USD | 993 | (1,845 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 38 | 10/15/21 | USD | 280.00 | USD | 934 | (1,539 | ) | ||||||||||||||||
Elastic NV | 114 | 10/15/21 | USD | 170.00 | USD | 1,698 | (4,845 | ) | ||||||||||||||||
Facebook, Inc., Class A | 42 | 10/15/21 | USD | 385.00 | USD | 1,425 | (651 | ) | ||||||||||||||||
Freshworks Inc., Class A | 273 | 10/15/21 | USD | 50.00 | USD | 1,165 | (11,603 | ) | ||||||||||||||||
Intuit, Inc. | 76 | 10/15/21 | USD | 560.00 | USD | 4,100 | (33,060 | ) | ||||||||||||||||
Lyft, Inc., Class A | 188 | 10/15/21 | USD | 52.50 | USD | 1,007 | (47,094 | ) | ||||||||||||||||
Microsoft Corp. | 87 | 10/15/21 | USD | 295.00 | USD | 2,453 | (12,658 | ) |
4 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 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) | ||||||||||||||||||||||||
MongoDB, Inc. | 12 | 10/15/21 | USD | 490.00 | USD | 566 | $ | (11,760 | ) | |||||||||||||||
Okta, Inc. | 66 | 10/15/21 | USD | 280.00 | USD | 1,566 | (1,056 | ) | ||||||||||||||||
Paycom Software, Inc. | 47 | 10/15/21 | USD | 480.00 | USD | 2,330 | (109,745 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 84 | 10/15/21 | USD | 280.00 | USD | 2,186 | (6,678 | ) | ||||||||||||||||
Shoals Technologies Group, Inc., Class A | 50 | 10/15/21 | USD | 35.00 | USD | 139 | (625 | ) | ||||||||||||||||
Shopify, Inc., Class A | 9 | 10/15/21 | USD | 1,650.00 | USD | 1,220 | (1,013 | ) | ||||||||||||||||
Snap, Inc., Class A | 793 | 10/15/21 | USD | 80.00 | USD | 5,858 | (75,731 | ) | ||||||||||||||||
Snowflake, Inc., Class A | 25 | 10/15/21 | USD | 305.00 | USD | 756 | (22,750 | ) | ||||||||||||||||
Square, Inc., Class A | 53 | 10/15/21 | USD | 270.00 | USD | 1,271 | (3,816 | ) | ||||||||||||||||
Tesla, Inc. | 14 | 10/15/21 | USD | 755.00 | USD | 1,086 | (64,260 | ) | ||||||||||||||||
Tesla, Inc. | 19 | 10/15/21 | USD | 760.00 | USD | 1,473 | (80,227 | ) | ||||||||||||||||
Twilio, Inc., Class A | 75 | 10/15/21 | USD | 390.00 | USD | 2,393 | (2,325 | ) | ||||||||||||||||
Unity Software, Inc. | 162 | 10/15/21 | USD | 135.00 | USD | 2,045 | (30,375 | ) | ||||||||||||||||
Visa, Inc., Class A | 26 | 10/15/21 | USD | 240.00 | USD | 579 | (767 | ) | ||||||||||||||||
Zoom Video Communications, Inc., Class A | 45 | 10/15/21 | USD | 390.00 | USD | 1,177 | (675 | ) | ||||||||||||||||
ZoomInfo Technologies, Inc., Class A | 366 | 10/15/21 | USD | 65.00 | USD | 2,240 | (38,430 | ) | ||||||||||||||||
Zscaler, Inc. | 68 | 10/15/21 | USD | 280.00 | USD | 1,783 | (14,960 | ) | ||||||||||||||||
Adobe, Inc. | 13 | 10/22/21 | USD | 670.00 | USD | 748 | (1,203 | ) | ||||||||||||||||
Amazon.com, Inc. | 13 | 10/22/21 | USD | 3,575.00 | USD | 4,271 | (9,165 | ) | ||||||||||||||||
Apple, Inc. | 278 | 10/22/21 | USD | 155.00 | USD | 3,934 | (7,923 | ) | ||||||||||||||||
Coupa Software, Inc. | 44 | 10/22/21 | USD | 270.00 | USD | 964 | (1,870 | ) | ||||||||||||||||
Fiserv, Inc. | 90 | 10/22/21 | USD | 118.00 | USD | 977 | (3,960 | ) | ||||||||||||||||
Lyft, Inc., Class A | 12 | 10/22/21 | USD | 54.00 | USD | 64 | (2,568 | ) | ||||||||||||||||
Mastercard, Inc., Class A | 44 | 10/22/21 | USD | 365.00 | USD | 1,530 | (11,000 | ) | ||||||||||||||||
Microsoft Corp. | 60 | 10/22/21 | USD | 305.00 | USD | 1,692 | (5,250 | ) | ||||||||||||||||
MongoDB, Inc. | 12 | 10/22/21 | USD | 490.00 | USD | 566 | (17,220 | ) | ||||||||||||||||
Okta, Inc. | 53 | 10/22/21 | USD | 265.00 | USD | 1,258 | (6,413 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 40 | 10/22/21 | USD | 300.00 | USD | 1,041 | (1,140 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 77 | 10/22/21 | USD | 290.00 | USD | 2,004 | (4,197 | ) | ||||||||||||||||
Qualcomm, Inc. | 91 | 10/22/21 | USD | 149.00 | USD | 1,174 | (1,001 | ) | ||||||||||||||||
Roku, Inc. | 80 | 10/22/21 | USD | 365.00 | USD | 2,507 | (15,480 | ) | ||||||||||||||||
salesforce.com, Inc. | 85 | 10/22/21 | USD | 265.00 | USD | 2,305 | (96,262 | ) | ||||||||||||||||
Shopify, Inc., Class A | 9 | 10/22/21 | USD | 1,595.00 | USD | 1,220 | (3,083 | ) | ||||||||||||||||
Snap, Inc., Class A | 251 | 10/22/21 | USD | 77.00 | USD | 1,854 | (98,517 | ) | ||||||||||||||||
Square, Inc., Class A | 112 | 10/22/21 | USD | 280.00 | USD | 2,686 | (7,224 | ) | ||||||||||||||||
Tesla, Inc. | 28 | 10/22/21 | USD | 740.00 | USD | 2,171 | (174,230 | ) | ||||||||||||||||
Visa, Inc., Class A | 56 | 10/22/21 | USD | 240.00 | USD | 1,247 | (2,744 | ) | ||||||||||||||||
Yandex NV, Class A | 230 | 10/22/21 | USD | 81.00 | USD | 1,833 | (60,950 | ) | ||||||||||||||||
Zscaler, Inc. | 29 | 10/22/21 | USD | 285.00 | USD | 760 | (6,873 | ) | ||||||||||||||||
Airbnb, Inc., Class A | 41 | 10/29/21 | USD | 165.00 | USD | 688 | (36,387 | ) | ||||||||||||||||
Autodesk, Inc. | 38 | 10/29/21 | USD | 300.00 | USD | 1,084 | (12,920 | ) | ||||||||||||||||
Lyft, Inc., Class A | 219 | 10/29/21 | USD | 54.00 | USD | 1,174 | (52,560 | ) | ||||||||||||||||
Marvell Technology Inc. | 388 | 10/29/21 | USD | 62.00 | USD | 2,340 | (60,140 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 76 | 10/29/21 | USD | 305.00 | USD | 1,978 | (3,420 | ) | ||||||||||||||||
Roku, Inc. | 80 | 10/29/21 | USD | 370.00 | USD | 2,507 | (20,800 | ) | ||||||||||||||||
Zscaler, Inc. | 68 | 10/29/21 | USD | 275.00 | USD | 1,783 | (41,310 | ) | ||||||||||||||||
Robinhood Markets, Inc., Class A | 462 | 11/04/21 | USD | 46.00 | USD | 1,944 | (59,032 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 169 | 11/05/21 | USD | 82.00 | USD | 1,308 | (31,563 | ) | ||||||||||||||||
Adobe, Inc. | 23 | 11/05/21 | USD | 656.00 | USD | 1,324 | (3,013 | ) | ||||||||||||||||
Advanced Micro Devices, Inc | 467 | 11/05/21 | USD | 112.00 | USD | 4,805 | (121,420 | ) | ||||||||||||||||
Alphabet Inc., Class A | 12 | 11/05/21 | USD | 2,825.00 | USD | 3,208 | (53,949 | ) | ||||||||||||||||
Amazon.com, Inc. | 8 | 11/05/21 | USD | 3,470.00 | USD | 2,628 | (40,800 | ) | ||||||||||||||||
Apple, Inc. | 235 | 11/05/21 | USD | 148.00 | USD | 3,325 | (58,045 | ) | ||||||||||||||||
Arrival SA | 280 | 11/05/21 | USD | 13.00 | USD | 368 | (35,700 | ) | ||||||||||||||||
Autodesk, Inc. | 37 | 11/05/21 | USD | 305.00 | USD | 1,055 | (11,933 | ) | ||||||||||||||||
Coupa Software, Inc. | 30 | 11/05/21 | USD | 255.00 | USD | 658 | (7,125 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 42 | 11/05/21 | USD | 270.00 | USD | 1,032 | (16,485 | ) | ||||||||||||||||
Intuit, Inc. | 20 | 11/05/21 | USD | 580.00 | USD | 1,079 | (8,900 | ) | ||||||||||||||||
Lam Research Corp. | 69 | 11/05/21 | USD | 600.00 | USD | 3,927 | (121,017 | ) | ||||||||||||||||
Marvell Technology Inc. | 602 | 11/05/21 | USD | 65.00 | USD | 3,631 | (35,518 | ) | ||||||||||||||||
Mastercard, Inc., Class A | 41 | 11/05/21 | USD | 370.00 | USD | 1,425 | (16,912 | ) | ||||||||||||||||
MercadoLibre, Inc. | 12 | 11/05/21 | USD | 1,900.00 | USD | 2,015 | (35,340 | ) |
CONSOLIDATED SCHEDULES OF INVESTMENTS | 5 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 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) | ||||||||||||||||||||||||
Microsoft Corp. | 77 | 11/05/21 | USD | 305.00 | USD | 2,171 | $ | (16,555 | ) | |||||||||||||||
MongoDB, Inc. | 13 | 11/05/21 | USD | 470.00 | USD | 613 | (39,452 | ) | ||||||||||||||||
Qualcomm, Inc. | 129 | 11/05/21 | USD | 142.00 | USD | 1,664 | (12,190 | ) | ||||||||||||||||
Shopify, Inc., Class A | 9 | 11/05/21 | USD | 1,545.00 | USD | 1,220 | (16,785 | ) | ||||||||||||||||
Shopify, Inc., Class A | 9 | 11/05/21 | USD | 1,470.00 | USD | 1,220 | (30,150 | ) | ||||||||||||||||
Skyworks Solutions, Inc. | 84 | 11/05/21 | USD | 180.00 | USD | 1,384 | (16,002 | ) | ||||||||||||||||
Snap, Inc., Class A | 186 | 11/05/21 | USD | 81.00 | USD | 1,374 | (60,450 | ) | ||||||||||||||||
Square, Inc., Class A | 123 | 11/05/21 | USD | 265.00 | USD | 2,950 | (62,730 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 186 | 11/05/21 | USD | 117.00 | USD | 2,077 | (36,549 | ) | ||||||||||||||||
Twilio, Inc., Class A | 72 | 11/05/21 | USD | 345.00 | USD | 2,297 | (61,561 | ) | ||||||||||||||||
Visa, Inc., Class A | 29 | 11/05/21 | USD | 235.00 | USD | 646 | (7,439 | ) | ||||||||||||||||
Yandex NV, Class A | 102 | 11/05/21 | USD | 80.00 | USD | 813 | (34,532 | ) | ||||||||||||||||
Zoom Video Communications, Inc., Class A | 60 | 11/05/21 | USD | 290.00 | USD | 1,569 | (24,300 | ) | ||||||||||||||||
Zscaler, Inc. | 67 | 11/05/21 | USD | 280.00 | USD | 1,757 | (38,692 | ) | ||||||||||||||||
Marqeta, Inc., Class A | 750 | 11/08/21 | USD | 33.00 | USD | 1,659 | (10,182 | ) | ||||||||||||||||
Monolithic Power Systems, Inc. | 113 | 11/08/21 | USD | 499.00 | USD | 5,477 | (196,006 | ) | ||||||||||||||||
Facebook, Inc., Class A | 38 | 11/11/21 | USD | 366.00 | USD | 1,290 | (20,437 | ) | ||||||||||||||||
Apple, Inc. | 109 | 11/12/21 | USD | 149.50 | USD | 1,542 | (24,446 | ) | ||||||||||||||||
Accenture PLC, Class A | 74 | 11/19/21 | USD | 345.00 | USD | 2,367 | (14,245 | ) | ||||||||||||||||
Activision Blizzard, Inc. | 98 | 11/19/21 | USD | 80.00 | USD | 758 | (28,273 | ) | ||||||||||||||||
Adobe, Inc. | 29 | 11/19/21 | USD | 635.00 | USD | 1,670 | (13,775 | ) | ||||||||||||||||
Advanced Micro Devices, Inc. | 178 | 11/19/21 | USD | 105.00 | USD | 1,832 | (102,795 | ) | ||||||||||||||||
Airbnb, Inc., Class A | 41 | 11/19/21 | USD | 175.00 | USD | 688 | (30,955 | ) | ||||||||||||||||
Alphabet Inc., Class A | 6 | 11/19/21 | USD | 2,875.00 | USD | 1,604 | (23,160 | ) | ||||||||||||||||
Analog Devices, Inc. | 75 | 11/19/21 | USD | 180.00 | USD | 1,256 | (14,437 | ) | ||||||||||||||||
Apple, Inc. | 66 | 11/19/21 | USD | 155.00 | USD | 934 | (9,042 | ) | ||||||||||||||||
Applovin Corp., Class A | 230 | 11/19/21 | USD | 85.00 | USD | 1,665 | (56,925 | ) | ||||||||||||||||
Arrival SA | 280 | 11/19/21 | USD | 15.00 | USD | 368 | (25,200 | ) | ||||||||||||||||
Atlassian Corp. PLC, Class A | 77 | 11/19/21 | USD | 400.00 | USD | 3,014 | (186,058 | ) | ||||||||||||||||
Autodesk, Inc. | 55 | 11/19/21 | USD | 300.00 | USD | 1,568 | (33,550 | ) | ||||||||||||||||
Avalara, Inc. | 117 | 11/19/21 | USD | 190.00 | USD | 2,045 | (66,690 | ) | ||||||||||||||||
Cadence Design Systems, Inc. | 150 | 11/19/21 | USD | 170.00 | USD | 2,272 | (22,500 | ) | ||||||||||||||||
Chegg, Inc. | 104 | 11/19/21 | USD | 85.00 | USD | 707 | (6,240 | ) | ||||||||||||||||
Cree, Inc. | 57 | 11/19/21 | USD | 92.50 | USD | 460 | (11,258 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 8 | 11/19/21 | USD | 280.00 | USD | 197 | (2,860 | ) | ||||||||||||||||
Crowdstrike Holdings, Inc., Class A | 42 | 11/19/21 | USD | 270.00 | USD | 1,032 | (23,835 | ) | ||||||||||||||||
Elastic NV | 86 | 11/19/21 | USD | 180.00 | USD | 1,281 | (10,320 | ) | ||||||||||||||||
Facebook, Inc., Class A | 67 | 11/19/21 | USD | 375.00 | USD | 2,274 | (30,150 | ) | ||||||||||||||||
Fiserv, Inc. | 111 | 11/19/21 | USD | 120.00 | USD | 1,204 | (10,656 | ) | ||||||||||||||||
Lam Research Corp. | 26 | 11/19/21 | USD | 650.00 | USD | 1,480 | (18,265 | ) | ||||||||||||||||
Lyft, Inc., Class A | 135 | 11/19/21 | USD | 57.50 | USD | 723 | (30,442 | ) | ||||||||||||||||
Marqeta, Inc., Class A | 750 | 11/19/21 | USD | 35.00 | USD | 1,659 | (11,250 | ) | ||||||||||||||||
Marvell Technology Inc. | 312 | 11/19/21 | USD | 65.00 | USD | 1,882 | (36,972 | ) | ||||||||||||||||
Mastercard, Inc., Class A | 41 | 11/19/21 | USD | 375.00 | USD | 1,425 | (16,912 | ) | ||||||||||||||||
MercadoLibre, Inc. | 5 | 11/19/21 | USD | 1,880.00 | USD | 840 | (22,450 | ) | ||||||||||||||||
Microsoft Corp. | 47 | 11/19/21 | USD | 300.00 | USD | 1,325 | (20,210 | ) | ||||||||||||||||
MongoDB, Inc. | 63 | 11/19/21 | USD | 500.00 | USD | 2,971 | (121,275 | ) | ||||||||||||||||
Okta, Inc. | 88 | 11/19/21 | USD | 270.00 | USD | 2,089 | (26,180 | ) | ||||||||||||||||
Paycom Software, Inc. | 47 | 11/19/21 | USD | 480.00 | USD | 2,330 | (178,130 | ) | ||||||||||||||||
PayPal Holdings, Inc. | 112 | 11/19/21 | USD | 280.00 | USD | 2,914 | (55,440 | ) | ||||||||||||||||
Robinhood Markets, Inc., Class A | 462 | 11/19/21 | USD | 46.00 | USD | 1,944 | (80,850 | ) | ||||||||||||||||
Roku, Inc. | 76 | 11/19/21 | USD | 365.00 | USD | 2,381 | (61,180 | ) | ||||||||||||||||
ServiceNow, Inc. | 30 | 11/19/21 | USD | 660.00 | USD | 1,867 | (48,000 | ) | ||||||||||||||||
Shoals Technologies Group, Inc., Class A | 197 | 11/19/21 | USD | 40.00 | USD | 549 | (5,910 | ) | ||||||||||||||||
Shopify, Inc., Class A | 25 | 11/19/21 | USD | 1,550.00 | USD | 3,389 | (64,125 | ) | ||||||||||||||||
Skyworks Solutions, Inc. | 98 | 11/19/21 | USD | 185.00 | USD | 1,615 | (17,493 | ) | ||||||||||||||||
Snap, Inc., Class A | 165 | 11/19/21 | USD | 85.00 | USD | 1,219 | (45,787 | ) | ||||||||||||||||
Snowflake, Inc., Class A | 19 | 11/19/21 | USD | 325.00 | USD | 575 | (17,860 | ) | ||||||||||||||||
Square, Inc., Class A | 51 | 11/19/21 | USD | 280.00 | USD | 1,223 | (19,380 | ) | ||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 299 | 11/19/21 | USD | 120.00 | USD | 3,338 | (47,541 | ) | ||||||||||||||||
Thoughtworks Holding Inc. | 395 | 11/19/21 | USD | 35.00 | USD | 1,134 | (37,525 | ) | ||||||||||||||||
TuSimple Holdings, Inc. | 207 | 11/19/21 | USD | 55.00 | USD | 769 | (20,182 | ) |
6 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 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. | 132 | 11/19/21 | USD | 135.00 | USD | 1,667 | $ | (89,760 | ) | |||||||||||||||
Unity Software, Inc. | 58 | 11/19/21 | USD | 140.00 | USD | 732 | (30,450 | ) | ||||||||||||||||
Visa, Inc., Class A | 45 | 11/19/21 | USD | 240.00 | USD | 1,002 | (10,013 | ) | ||||||||||||||||
Yandex NV, Class A | 173 | 11/19/21 | USD | 80.00 | USD | 1,379 | (65,740 | ) | ||||||||||||||||
ZoomInfo Technologies, Inc., Class A | 384 | 11/19/21 | USD | 66.35 | USD | 2,350 | (95,152 | ) | ||||||||||||||||
Microsoft Corp. | 135 | 12/17/21 | USD | 305.00 | USD | 3,806 | (65,475 | ) | ||||||||||||||||
Shoals Technologies Group, Inc., Class A | 107 | 12/17/21 | USD | 35.00 | USD | 298 | (12,572 | ) | ||||||||||||||||
|
| |||||||||||||||||||||||
$ | (5,576,144 | ) | ||||||||||||||||||||||
|
|
OTC Options Written
Description | Counterparty | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | ||||||||||||||||||||||||
Call | ||||||||||||||||||||||||||||||
GMO Payment Gateway Inc. | Goldman Sachs International | 17,500 | 10/05/21 | JPY | 13,384.63 | JPY | 248,150 | $ | (108,503) | |||||||||||||||||||||
Xero Ltd. | UBS AG | 18,300 | 10/05/21 | AUD | 146.37 | AUD | 2,544 | (629 | ) | |||||||||||||||||||||
Yahoo Japan Corp. | Goldman Sachs International | 335,000 | 10/05/21 | JPY | 704.77 | JPY | 240,430 | (70,721 | ) | |||||||||||||||||||||
Shoals Technologies Group, Inc., Class A | Citibank N.A. | 21,400 | 10/06/21 | USD | 29.96 | USD | 597 | (4,827 | ) | |||||||||||||||||||||
Adyen NV | Goldman Sachs International | 1,800 | 10/07/21 | EUR | 2,433.72 | EUR | 4,347 | (68,983 | ) | |||||||||||||||||||||
Soitec SA | UBS AG | 4,900 | 10/07/21 | EUR | 198.08 | EUR | 921 | (3,326 | ) | |||||||||||||||||||||
Avalara, Inc. | Citibank N.A. | 8,300 | 10/08/21 | USD | 175.00 | USD | 1,451 | (34,634 | ) | |||||||||||||||||||||
Delivery Hero AG | Goldman Sachs International | 7,000 | 10/13/21 | EUR | 132.03 | EUR | 773 | (670 | ) | |||||||||||||||||||||
Samsung SDI Co. Ltd. | JPMorgan Chase Bank N.A. | 8,000 | 10/13/21 | USD | 834,080.00 | USD | 5,744,000 | (149 | ) | |||||||||||||||||||||
TuSimple Holdings, Inc. | Citibank N.A. | 21,000 | 10/13/21 | USD | 35.25 | USD | 780 | (78,191 | ) | |||||||||||||||||||||
Recruit Holdings Co. Ltd. | UBS AG | 40,100 | 10/14/21 | JPY | 6,639.38 | JPY | 273,963 | (124,242 | ) | |||||||||||||||||||||
STMicroelectronics NV | Goldman Sachs International | 32,400 | 10/14/21 | EUR | 38.88 | EUR | 1,224 | (19,110 | ) | |||||||||||||||||||||
Kakao Corp. | Morgan Stanley & Co. International PLC | 14,100 | 10/19/21 | USD | 151,994.56 | USD | 1,663,800 | (207 | ) | |||||||||||||||||||||
Soitec SA | UBS AG | 4,200 | 10/19/21 | EUR | 206.82 | EUR | 789 | (1,511 | ) | |||||||||||||||||||||
Yahoo Japan Corp. | Goldman Sachs International | 335,000 | 10/19/21 | JPY | 704.77 | JPY | 240,430 | (99,415 | ) | |||||||||||||||||||||
ASML Holding NV | Goldman Sachs International | 12,700 | 10/26/21 | EUR | 744.07 | EUR | 8,203 | (21,935 | ) | |||||||||||||||||||||
Soitec SA | Morgan Stanley & Co. International PLC | 3,900 | 10/27/21 | EUR | 211.12 | EUR | 733 | (4,206 | ) | |||||||||||||||||||||
Delivery Hero AG | UBS AG | 22,600 | 10/29/21 | EUR | 135.34 | EUR | 2,496 | (13,092 | ) | |||||||||||||||||||||
Renesas Electronics Corp. | JPMorgan Chase Bank N.A. | 245,600 | 10/29/21 | JPY | 1,424.80 | JPY | 342,858 | (88,900 | ) | |||||||||||||||||||||
Soitec SA | UBS AG | 3,800 | 10/29/21 | EUR | 217.74 | EUR | 714 | (2,472 | ) | |||||||||||||||||||||
Array Technologies, Inc. | Barclays Bank PLC | 62,400 | 11/01/21 | USD | 19.28 | USD | 1,156 | (81,843 | ) | |||||||||||||||||||||
Avalara, Inc. | Citibank N.A. | 14,600 | 11/02/21 | USD | 179.05 | USD | 2,552 | (106,805 | ) | |||||||||||||||||||||
GMO Payment Gateway Inc. | JPMorgan Chase Bank N.A. | 11,200 | 11/02/21 | JPY | 16,068.00 | JPY | 158,816 | (3,897 | ) | |||||||||||||||||||||
Recruit Holdings Co. Ltd. | JPMorgan Chase Bank N.A. | 24,600 | 11/02/21 | JPY | 7,231.12 | JPY | 168,067 | (22,178 | ) | |||||||||||||||||||||
STMicroelectronics NV | Credit Suisse International | 62,000 | 11/02/21 | EUR | 41.19 | EUR | 2,341 | (32,197 | ) | |||||||||||||||||||||
C3.AI, Inc., Class A | Morgan Stanley & Co. International PLC | 45,600 | 11/03/21 | USD | 53.54 | USD | 2,113 | (55,317 | ) | |||||||||||||||||||||
Shoals Technologies Group, Inc., Class A | Citibank N.A. | 19,700 | 11/03/21 | USD | 35.14 | USD | 549 | (7,196 | ) | |||||||||||||||||||||
Snap, Inc., Class A | Goldman Sachs International | 2,300 | 11/03/21 | USD | 76.15 | USD | 170 | (10,391 | ) | |||||||||||||||||||||
TuSimple Holdings, Inc. | Citibank N.A. | 21,000 | 11/03/21 | USD | 38.50 | USD | 780 | (74,918 | ) | |||||||||||||||||||||
Shoals Technologies Group, Inc., Class A | Bank of America N.A. | 10,700 | 11/05/21 | USD | 32.36 | USD | 298 | (9,393 | ) | |||||||||||||||||||||
Chegg, Inc. | BNP Paribas SA | 22,500 | 11/08/21 | USD | 84.31 | USD | 1,530 | (8,620 | ) | |||||||||||||||||||||
Shoals Technologies Group, Inc., Class A | Citibank N.A. | 19,800 | 11/09/21 | USD | 36.47 | USD | 552 | (7,841 | ) | |||||||||||||||||||||
Kakao Corp. | Morgan Stanley & Co. International PLC | 44,000 | 11/10/21 | USD | 125,931.97 | USD | 5,192,000 | (136,052 | ) | |||||||||||||||||||||
Soitec SA | UBS AG | 3,550 | 11/10/21 | EUR | 191.77 | EUR | 667 | (26,997 | ) | |||||||||||||||||||||
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| |||||||||||||||||||||||||||||
$ | (1,329,368 | ) | ||||||||||||||||||||||||||||
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|
CONSOLIDATED SCHEDULES OF INVESTMENTS | 7 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 2021 | BlackRock Science and Technology Trust (BST) |
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 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.
Certain investments of the Trust were fair valued using net asset value (“NAV”) per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy.
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy. The breakdown of the Trust’s financial instruments 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 | ||||||||||||||||
Airlines | $ | — | $ | 3,398,315 | $ | — | $ | 3,398,315 | ||||||||
Automobiles | 29,460,669 | 10,980,421 | — | 40,441,090 | ||||||||||||
Banks | — | — | 36,387,653 | 36,387,653 | ||||||||||||
Capital Markets | 7,084,589 | — | — | 7,084,589 | ||||||||||||
Diversified Consumer Services | 9,042,511 | — | 3,828,996 | 12,871,507 | ||||||||||||
Diversified Financial Services | — | 10,649,020 | — | 10,649,020 | ||||||||||||
Electrical Equipment | 13,974,321 | — | — | 13,974,321 | ||||||||||||
Electronic Equipment, Instruments & Components | — | 14,767,026 | — | 14,767,026 | ||||||||||||
Entertainment | 40,109,322 | — | — | 40,109,322 | ||||||||||||
Hotels, Restaurants & Leisure | 6,249,023 | — | — | 6,249,023 | ||||||||||||
Interactive Media & Services | 125,746,744 | 41,657,846 | — | 167,404,590 | ||||||||||||
Internet & Direct Marketing Retail | 57,733,034 | 12,177,691 | 176,894 | 70,087,619 | ||||||||||||
IT Services | 252,020,646 | 25,675,559 | 16,961,887 | 294,658,092 | ||||||||||||
Machinery | — | 1,678,588 | — | 1,678,588 | ||||||||||||
Professional Services | — | 12,756,959 | — | 12,756,959 | ||||||||||||
Road & Rail | 15,451,525 | 3,343,905 | — | 18,795,430 | ||||||||||||
Semiconductors & Semiconductor Equipment | 168,401,536 | 75,778,747 | — | 244,180,283 | ||||||||||||
Software | 332,006,579 | 14,493,970 | 21,631,650 | 368,132,199 | ||||||||||||
Specialty Retail | — | 9,676,871 | — | 9,676,871 | ||||||||||||
Technology Hardware, Storage & Peripherals | 63,780,700 | — | — | 63,780,700 | ||||||||||||
Preferred Securities | ||||||||||||||||
Preferred Stocks | — | 10,136,480 | 213,049,001 | 223,185,481 | ||||||||||||
Warrants | — | — | 174,575 | 174,575 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 97,469,011 | — | — | 97,469,011 | ||||||||||||
Unfunded SPAC PIPE Commitments(a) | — | — | — | — | ||||||||||||
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|
|
| |||||||||
$ | 1,218,530,210 | $ | 247,171,398 | $ | 292,210,656 | 1,757,912,264 | ||||||||||
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|
|
|
|
|
|
| |||||||||
Investments Valued at NAV(b) | 8,462,440 | |||||||||||||||
|
| |||||||||||||||
$ | 1,766,374,704 | |||||||||||||||
|
|
8 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 2021 | BlackRock Science and Technology Trust (BST) |
Fair Value Hierarchy as of Period End (continued)
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Derivative Financial Instruments(c) | ||||||||||||||||
Liabilities | ||||||||||||||||
Equity Contracts | $ | (5,131,270 | ) | $ | (1,774,242 | ) | $ | — | $ | (6,905,512 | ) | |||||
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|
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|
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(a) | Unfunded SPAC PIPE commitments are valued at the unrealized appreciation (depreciation) on the commitment. |
(b) | Certain investments of the Trust were fair valued using NAV per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy. |
(c) | Derivative financial instruments are options written. Options written are shown at value. |
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 | Unfunded SPAC PIPE commitments | 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 | (4,108,753 | ) | (3,910,998 | ) | — | — | (8,019,751 | ) | ||||||||||||
Accrued discounts/premiums | — | — | — | — | — | |||||||||||||||
Net realized gain (loss) | — | 4,698,017 | — | — | 4,698,017 | |||||||||||||||
Net change in unrealized appreciation (depreciation)(a) | 27,341,088 | 39,789,398 | — | (15,188 | ) | 67,115,298 | ||||||||||||||
Purchases | 20,125,378 | 77,973,404 | — | — | 98,098,782 | |||||||||||||||
Sales | (1,414,228 | ) | (30,471,100 | ) | — | — | (31,885,328 | ) | ||||||||||||
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Closing balance, as of September 30, 2021. | $ | 78,987,080 | $ | 213,049,001 | $ | — | $ | 174,575 | $ | 292,210,656 | ||||||||||
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|
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| |||||||||||
Net change in unrealized appreciation (depreciation) on investments still held at September 30, 2021(a) | $ | 27,423,047 | $ | 57,500,636 | $ | — | $ | (15,188 | ) | $ | 84,908,495 | |||||||||
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|
|
(a) | Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at September 30, 2021 is generally due to investments no longer held or categorized as Level 3 at period end. |
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 Unobservable Inputs Utilized (a) | Weighted Average of Unobservable Inputs Based on Fair Value | ||||||||||||||||
Assets | ||||||||||||||||||||
Common Stocks(b)(c) | $ | 78,987,080 | Market | Revenue Multiple | 7.50x - 34.85x | 23.15x | ||||||||||||||
Volatility | 32% -32% | 32% | ||||||||||||||||||
Time to Exit | 0.5-0.5 | 0.5 | ||||||||||||||||||
Recent Transactions | $ | 14.34$3,840.52 | $ | 792.67 | ||||||||||||||||
Preferred Stocks(d)(e) | 213,049,001 | Income | Discount Rate | 14% - 40% | 32% | |||||||||||||||
Exit Multiple | 9.50x | — | ||||||||||||||||||
Market | Revenue Multiple | 4.25x - 40.00x | 20.57x | |||||||||||||||||
Volatility | 50% - 50% | 50% | ||||||||||||||||||
Time to Exit | 4.0 - 4.0 | 4.0 | ||||||||||||||||||
Recent Transactions | 0.55 - $3840.52 | 589.71 | ||||||||||||||||||
Warrants(f) | 174,575 | Market | Recent Multiple | 12.00x | — | |||||||||||||||
Volatility | 32% | — |
CONSOLIDATED SCHEDULES OF INVESTMENTS | 9 |
Consolidated Schedule of Investments (unaudited) (continued) September 30, 2021 | BlackRock Science and Technology Trust (BST) |
Value | Valuation Approach | Unobservable Inputs | Range of Unobservable Inputs Utilized (a) | Weighted Average of Unobservable Inputs Based on Fair Value | ||||||||||||||||
Time to Exit | 0.5 | — | ||||||||||||||||||
|
| |||||||||||||||||||
$ | 292,210,656 | |||||||||||||||||||
|
|
(a) | A significant change in unobservable input would have resulted in a correlated (inverse) significant change to value. |
(b) | For the period end September 30, 2021, the valuation technique for investments classified as Common Stocks amounting to $5,931,752 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. |
(c) | For the period end September 30, 2021, the valuation technique for investments classified as Common Stocks amounting to $6,506,587 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. |
(d) | For the period end September 30, 2021, the valuation technique for investments classified as Preferred Stocks amounting to $29,056,780 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. |
(e) | For the period end September 30, 2021, the valuation technique for investments classified as Preferred Stocks amounting to $24,804,341 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. |
(f) | For the period end September 30, 2021, the valuation technique for investments classified as Warrants amounting to $174,575 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. |
Currency Abbreviation
AUD | Australian Dollar | |
EUR | Euro | |
JPY | Japanese Yen | |
USD | United States Dollar |
Portfolio Abbreviation
ADR | American Depositary Receipt | |
PIPE | Private Investment in Public Equity | |
SPAC | Special Purpose Acquisition Company |
10 |