Schedule of Investments (unaudited) July 31, 2021 | BlackRock Global Long/Short Equity Fund (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
| ||||||||
Common Stocks | ||||||||
Netherlands — 0.1% | ||||||||
Climate Transition Capital(a) | 40,590 | $ | 467,054 | |||||
|
| |||||||
United Kingdom(a) — 0.3% | ||||||||
Baltic Classifieds Group PLC | 227,784 | 696,564 | ||||||
Revolution Beauty Group Ltd. | 347,548 | 816,425 | ||||||
|
| |||||||
1,512,989 | ||||||||
United States — 0.0% | ||||||||
Palantir Technologies, Inc., Class A(a) | 4 | 87 | ||||||
|
| |||||||
Total Common Stocks — 0.4% |
| 1,980,130 | ||||||
|
| |||||||
Preferred Securities | ||||||||
Preferred Stocks — 0.5%(b)(c) | ||||||||
United States — 0.5% | ||||||||
AliphCom | ||||||||
Series 6, (Acquired 12/15/15, Cost: $—) | 8,264 | — | ||||||
Series 8, (Acquired 08/31/15, Cost: $1,750,009) | 823,530 | 8 | ||||||
Illumio Inc., Series C, (Acquired 03/10/15, Cost: $1,500,001) | 466,730 | 2,567,015 | ||||||
|
| |||||||
2,567,023 | ||||||||
|
| |||||||
Total Preferred Securities — 0.5% |
| 2,567,023 | ||||||
|
| |||||||
Par (000) | ||||||||
| ||||||||
U.S. Treasury Obligations | ||||||||
U.S. Treasury Notes, (3 mo.Treasury money market yield + 0.05%), 0.10%, 01/31/23(d) | $ | 14,633 | 14,639,053 | |||||
|
| |||||||
Total U.S. Treasury Obligations — 2.8% |
| 14,639,053 | ||||||
|
| |||||||
Total Long-Term Investments — 3.7% |
| 19,186,206 | ||||||
|
| |||||||
Shares | ||||||||
| ||||||||
Short-Term Securities | ||||||||
Money Market Funds — 4.4% | ||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class, 0.01%(e)(f) | 22,644,942 | 22,644,942 | ||||||
|
|
Security | Par (000) | Value | ||||||
| ||||||||
U.S. Treasury Obligations — 74.4% | ||||||||
U.S. Treasury Bills(g) | ||||||||
0.04%, 08/05/21 - 12/16/21 | $ | 232,136 | $ | 232,127,558 | ||||
0.05%, 08/24/21 - 11/02/21 | 52,586 | 52,583,982 | ||||||
0.03%, 10/05/21 | 7,410 | 7,409,368 | ||||||
0.14%, 11/04/21 | 5,120 | 5,119,332 | ||||||
0.11%, 12/02/21 - 12/30/21 | 14,446 | 14,443,298 | ||||||
0.06%, 12/23/21 | 1,060 | 1,059,779 | ||||||
U.S. Treasury Cash Management Bill, | 30,000 | 29,996,175 | ||||||
U.S. Treasury Notes | ||||||||
(3 mo.Treasury money market yield + 0.30%), 0.35%, 10/31/21(d) | 13,000 | 13,009,718 | ||||||
(3 mo.Treasury money market yield + 0.15%), 0.20%, 01/31/22(d) | 4,925 | 4,928,665 | ||||||
2.13%, 05/15/22 | 730 | 741,748 | ||||||
0.13%, 06/30/22 | 325 | 325,152 | ||||||
(3 mo.Treasury money market yield + 0.06%), 0.11%, 10/31/22(d) | 20,000 | 20,009,624 | ||||||
|
| |||||||
381,754,399 | ||||||||
|
| |||||||
Total Short-Term Securities — 78.8% |
| 404,399,341 | ||||||
|
| |||||||
Options Purchased — 0.2% |
| 904,460 | ||||||
|
| |||||||
Total Investments Before Options Written — 82.7% |
| 424,490,007 | ||||||
|
| |||||||
Options Written — (0.1)% |
| |||||||
(Premiums Received: $(647,021)) |
| (662,560 | ) | |||||
|
| |||||||
Total Investments, Net of Options Written — 82.6% |
| 423,827,447 | ||||||
Other Assets Less Liabilities — 17.4% |
| 89,019,961 | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 512,847,408 | ||||||
|
|
(a) | Non-income producing security. |
(b) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(c) | Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $2,567,023, representing 0.5% of its net assets as of period end, and an original cost of $3,250,010. |
(d) | Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. |
(e) | Affiliate of the Fund. |
(f) | Annualized 7-day yield as of period end. |
(g) | Rates are discount rates or a range of discount rates as of period end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 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 04/30/21 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 07/31/21 | Shares Held at 07/31/21 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class | $ | 18,454,009 | $ | 4,190,933 | (a) | $ | — | $ | — | $ | — | $ | 22,644,942 | 22,644,942 | $ | 272 | $ | — | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
1 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
CAC 40 Index | 100 | 08/20/21 | $ | 7,841 | $ | 76,039 | ||||||||||
TOPIX Index | 124 | 09/09/21 | 21,532 | (528,483 | ) | |||||||||||
SPI 200 Index | 50 | 09/16/21 | 6,696 | 28,777 | ||||||||||||
DAX Index | 27 | 09/17/21 | 12,450 | 32,916 | ||||||||||||
FTSE 100 Index | 215 | 09/17/21 | 20,819 | 52,822 | ||||||||||||
FTSE/MIB Index | 8 | 09/17/21 | 1,203 | 33,958 | ||||||||||||
NASDAQ 100 E-Mini Index | 20 | 09/17/21 | 5,982 | 198,800 | ||||||||||||
S&P 500 E-Mini Index | 227 | 09/17/21 | 49,821 | 1,376,950 | ||||||||||||
|
| |||||||||||||||
1,271,779 | ||||||||||||||||
|
| |||||||||||||||
Short Contracts | ||||||||||||||||
Amsterdam Index | 57 | 08/20/21 | 10,159 | (190,931 | ) | |||||||||||
IBEX 35 Index | 14 | 08/20/21 | 1,441 | 16,410 | ||||||||||||
OMX Stockholm 30 Index | 844 | 08/20/21 | 23,239 | (286,371 | ) | |||||||||||
MSCI Singapore Index | 512 | 08/30/21 | 13,636 | (235,275 | ) | |||||||||||
S&P/TSE 60 Index | 59 | 09/16/21 | 11,467 | (73,563 | ) | |||||||||||
|
| |||||||||||||||
(769,730 | ) | |||||||||||||||
|
| |||||||||||||||
$ | 502,049 | |||||||||||||||
|
|
Exchange-Traded Options Purchased
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||
Put | ||||||||||||||||||||
S&P 500 Index | 164 | 09/17/21 | USD | 4,250.00 | USD | 72,082 | $ | 904,460 | ||||||||||||
|
|
Exchange-Traded Options Written
Description | Number of Contracts | Expiration Date | Exercise Price | Notional Amount (000) | Value | |||||||||||||||
Put | ||||||||||||||||||||
S&P 500 Index | 164 | 09/17/21 | USD | 4,150.00 | USD | 72,082 | $ | (662,560 | ) | |||||||||||
|
|
OTC Total Return Swaps — Future
Reference Entity | Fixed Amount Paid (Received) by the Fund(a) | Counterparty | Termination Date | Notional Amount (000) | Value | Upfront (Received) | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||
Swiss Market Index Future September 2021 | CHF | (2,633,903) | HSBC Bank PLC | 09/17/21 | CHF 2,634 | $ | (31,017) | $ | — | $ | (31,017) | |||||||||||||||||
Swiss Market Index Future September 2021 | CHF | (2,641,697) | HSBC Bank PLC | 09/17/21 | CHF 2,642 | (22,413) | — | (22,413) | ||||||||||||||||||||
Swiss Market Index Future September 2021 | CHF | (4,457,422) | HSBC Bank PLC | 09/17/21 | CHF 4,457 | (21,612) | — | (21,612) | ||||||||||||||||||||
Swiss Market Index Future September 2021 | CHF | (6,361,171) | HSBC Bank PLC | 09/17/21 | CHF 6,361 | (57,216) | — | (57,216) | ||||||||||||||||||||
|
|
|
|
|
| |||||||||||||||||||||||
$ | (132,258 | ) | $ | — | $ | (132,258) | ||||||||||||||||||||||
|
|
|
|
|
|
(a) | At termination, the fixed amount paid (received) will be exchanged for the total return of the reference entity. |
2 | SCHEDULE OF INVESTMENTS |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
OTC Total Return Swaps
Reference Entity | Payment Frequency | Counterparty(a) | Termination Date | Net Notional | Accrued Unrealized Appreciation (Depreciation) | Net Value of Reference Entity | Gross Notional Amount Net Asset Percentage | |||||||||||||||||
Equity Securities Long/Short | At Termination | Bank of America N.A.(b) | 02/15/23 | $ | (1,245,420 | ) | $ | 63,875 | (c) | $ | (1,435,976 | ) | 40.6 | % | ||||||||||
At Termination | Bank of America N.A.(d) | 02/15/23 | (140,696 | ) | 338,141 | (e) | 432,289 | 37.6 | ||||||||||||||||
At Termination | Deutsche Bank A.G.(f) | 02/17/23 | (2,079,503 | ) | (948,245 | )(g) | (2,392,294 | ) | 92.4 | |||||||||||||||
At Termination | Goldman Sachs & Co.(h) | 02/27/23 – 02/28/23 | (2,326,666 | ) | 4,343,047 | (i) | 1,720,621 | 95.0 | ||||||||||||||||
At Termination | Goldman Sachs & Co.(j) | 02/27/23 – 02/28/23 | (799,091 | ) | 825,325 | (k) | 140,756 | 46.9 | ||||||||||||||||
At Termination | UBS AG(l) | 08/07/22 | 469,754 | 285,132 | (m) | 685,134 | 23.3 | |||||||||||||||||
|
|
|
| |||||||||||||||||||||
$ | 4,907,275 | $ | (849,470 | ) | ||||||||||||||||||||
|
|
|
|
(a) | The Fund receives the total return on a portfolio of long positions underlying the total return swap. The Fund pays the total return on a portfolio of short positions underlying the total return swap. In addition, the Fund pays or receives a variable rate of interest, based on a specified benchmark. The benchmark and spread are determined based upon the country and/or currency of the individual underlying positions. |
(c) | Amount includes $254,431 of net dividends and financing fees. |
(e) | Amount includes $(234,844) of net dividends and financing fees. |
(g) | Amount includes $(635,454) of net dividends and financing fees. |
(i) | Amount includes $295,760 of net dividends and financing fees. |
(k) | Amount includes $(114,522) of net dividends and financing fees. |
(m) | Amount includes $69,752 of net dividends and financing fees. |
The following are the specified benchmarks (plus or minus a range) used in determining the variable rate of interest:
Range: Benchmarks: | (b) 0-800 basis points AUD - 1M Australian Bank Bill Rate (BBSW) Bank of Canada Overnight Rate Target (CABROVER) CHF - 1W Swiss Franc LIBOR Rate BBA (SF0001W) EUR - 1W Euro Interbank Offer Rate (EURIBOR) GBP - 1D Sterling Overnight Index Average (SONIA) HKD - 1W Hong Kong Interbank Offer rate (HIBOR) ILS - 1M Tel Aviv Interbank Offer Rate (TELBOR) JPY - 1W Japanese Yen LIBOR Rate BBA (JY0001W) NOK - 1W Norway Interbank Offer Rate (NIBOR) NZD - 1M New Zealand Bank Bill Rate (BBR) SEK - 1W Stockholm Interbank Offer Rate (STIBOR) SGD - 1M Singapore Assoc of Banks Swap Offer rate (SOR) USD - 1D Overnight Bank Funding Rate (OBFR01) USD - 1W US Dollar LIBOR BBA | (d) 0-1600 basis points AUD - 1M Australian Bank Bill Rate (BBSW) Bank of Canada Overnight Rate Target (CABROVER) CHF - 1W Swiss Franc LIBOR Rate BBA (SF0001W) DKK - 1W Copenhagen Interbank Swap Rate (CIBOR) EUR - 1W Euro Interbank Offer Rate (EURIBOR) GBP - 1D Sterling Overnight Index Average (SONIA) HKD - 1W Hong Kong Interbank Offer rate (HIBOR) ILS - 1M Tel Aviv Interbank Offer Rate (TELBOR) JPY - 1W Japanese Yen LIBOR Rate BBA (JY0001W) NOK - 1W Norway Interbank Offer Rate (NIBOR) NZD - 1M New Zealand Bank Bill Rate (BBR) SEK - 1W Stockholm Interbank Offer Rate (STIBOR) SGD - 1M Singapore Assoc of Banks Swap Offer rate (SOR) USD - 1D Overnight Bank Funding Rate (OBFR01) | (f) 18-380 basis points AUD - 1M Australian Bank Bill Rate (BBSW) Bank of Canada Overnight Rate Target (CABROVER) CHF - 1W Swiss Franc LIBOR Rate BBA (SF0001W) DKK - Annualized Overnight Deposit MID Rate EUR - 1W Euro Interbank Offer Rate (EURIBOR) GBP - 1W Sterling LIBOR Rate BBA (GBP1WLIB) GBP - SONIA 1M Compounded Rate HKD - 1M Hong Kong Interbank Offer rate (HIBOR) ILS - 1M Tel Aviv Interbank Offer Rate (TELBOR) JPY - 1M Japanese Yen LIBOR Rate BBA (JY0001M) NOK - Norwegian Overnight Weighted Average (NOWA) NZD - 1D New Zealand Official Overnight Deposit Rate (NZOCO) SEK - 1W Stockholm Interbank Offer Rate (STIBOR) SGD - 1M Association of Bank in Singapore Swap Offer Rate USD - 1D Overnight Bank Funding Rate (OBFR01) |
SCHEDULE OF INVESTMENTS | 3 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
OTC Total Return Swaps (continued)
(h) 15-260 basis points CAD - 1D Overnight Bank of Canada Repo Rate (CORRA) CHF - 1D Overnight Swiss Franc LIBOR Rate BBA (CHFONLIB) DKK - Danish Tom/Next Reference Rate (DETNT/N) EUR - 1D Effective Overnight Index Average (EONIA) GBP - 1D Sterling Overnight Index Average (SONIA) HKD - 1D Overnight Index Swap Rate (HKDONOIS) ILS - 1D Overnight Tel Aviv Interbank Offer Rate (TELBOR) JPY - Provisional 1D Overnight Tokyo Average Rate (TONA) NOK - Norwegian Overnight Weighted Average (NOWA) RBA Interbank Overnight Cash Rate SEK - 1D Overnight Stockholm Interbank Offer Rate (STIBOR) SGD - 1D Singapore Assoc of Banks Swap Offer Rate (SOR) USD - 1D Overnight Fed Funds Effective Rate (FEDL01) | (j) 15-1355 basis points CAD - 1D Overnight Bank of Canada Repo Rate (CORRA) CHF - 1D Overnight Swiss Franc LIBOR Rate BBA (CHFONLIB) DKK - Danish Tom/Next Reference Rate (DETNT/N) EUR - 1D Effective Overnight Index Average (EONIA) GBP - 1D Sterling Overnight Index Average (SONIA) HKD - 1D Overnight Index Swap Rate (HKDONOIS) ILS - 1D Overnight Tel Aviv Interbank Offer Rate (TELBOR) JPY - Provisional 1D Overnight Tokyo Average Rate (TONA) NOK - Norwegian Overnight Weighted Average (NOWA) RBA Interbank Overnight Cash Rate SEK - 1D Overnight Stockholm Interbank Offer Rate (STIBOR) SGD - 1D Singapore Assoc of Banks Swap Offer Rate (SOR) USD - 1D Overnight Fed Funds Effective Rate (FEDL01) | (l) 20-1100 basis points CAD - 1D Overnight Bank of Canada Repo Rate (CORRA) CHF - 1D Overnight Swiss Franc LIBOR Rate BBA (CHFONLIB) DKK - 1W Copenhagen Interbank Swap Rate (CIBOR) EUR - 1D Effective Overnight Index Average (EONIA) GBP - 1D Sterling Overnight Index Average (SONIA) HKD - 2W Hong Kong Interbank Offer rate (HIBOR) ILS - 1D Overnight Tel Aviv Interbank Offer Rate (TELBOR) JPY - 1D Japanese Yen Spot Next BBA LIBOR (JY000S/N) NOK - Norwegian Overnight Weighted Average (NOWA) NZD - 1M New Zealand Bank Bill Rate (BBR) RBA Interbank Overnight Cash Rate SEK - TN Stockholm Interbank Offer Rate (STIBOR) SGD - 1D Overnight Singapore Assoc of Banks Rate (SIBOR) | ||||
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with Bank of America N.A. as of period end, termination date February 15, 2023:
|
| |||||||||||
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Long | ||||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
Alumina Ltd. | 71,230 | $ | 87,351 | (6.1 | )% | |||||||
Aurizon Holdings Ltd. | 75,882 | 215,346 | (15.0 | ) | ||||||||
CSR Ltd. | 18,322 | 75,159 | (5.2 | ) | ||||||||
Harvey Norman Holdings Ltd. | 170,385 | 711,599 | (49.6 | ) | ||||||||
Medibank Pvt Ltd. | 38,740 | 94,482 | (6.6 | ) | ||||||||
Mineral Resources Ltd. | 9,869 | 456,630 | (31.8 | ) | ||||||||
Nine Entertainment Co. Holdings Ltd. | 199,255 | 406,284 | (28.3 | ) | ||||||||
Perpetual Ltd. | 24,937 | 689,201 | (48.0 | ) | ||||||||
Qube Holdings Ltd. | 80,287 | 173,010 | (12.0 | ) | ||||||||
Scentre Group | 147,440 | 281,499 | (19.6 | ) | ||||||||
Worley Ltd. | 9,951 | 81,712 | (5.7 | ) | ||||||||
|
|
|
| |||||||||
3,272,273 | ||||||||||||
Austria | ||||||||||||
ANDRITZ AG | 23,624 | 1,300,621 | (90.6 | ) | ||||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Canadian Western Bank | 6,245 | 170,241 | (11.9 | ) | ||||||||
Canfor Corp. | 1,647 | 31,802 | (2.2 | ) | ||||||||
CGI, Inc. | 2,089 | 190,029 | (13.2 | ) | ||||||||
Crescent Point Energy Corp. | 15,875 | 58,023 | (4.1 | ) | ||||||||
Fairfax Financial Holdings Ltd. | 557 | 234,631 | (16.3 | ) | ||||||||
First Capital Real Estate Investment Trust | 3,189 | 46,266 | (3.2 | ) | ||||||||
Gildan Activewear, Inc. | 7,565 | 260,797 | (18.2 | ) | ||||||||
Hydro One Ltd. | 26,939 | 665,054 | (46.3 | ) | ||||||||
Onex Corp. | 161 | 12,272 | (0.9 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Canada (continued) | ||||||||||||
TMX Group Ltd. | 1,835 | $ | 201,518 | (14.0 | )% | |||||||
Tourmaline Oil Corp. | 3,630 | 99,101 | (6.9 | ) | ||||||||
Wheaton Precious Metals Corp. | 13,184 | 609,004 | (42.4 | ) | ||||||||
Whitecap Resources, Inc. | 32,734 | 149,817 | (10.4 | ) | ||||||||
WSP Global, Inc. | 2,049 | 243,216 | (16.9 | ) | ||||||||
Yamana Gold, Inc. | 63,051 | 282,506 | (19.7 | ) | ||||||||
|
|
|
| |||||||||
3,254,277 | ||||||||||||
Finland | ||||||||||||
Valmet OYJ | 12,919 | 539,147 | (37.5 | ) | ||||||||
|
|
|
| |||||||||
France | ||||||||||||
ALD SA | 9,883 | 144,686 | (10.1 | ) | ||||||||
Alstom SA | 20,964 | 869,510 | (60.5 | ) | ||||||||
Arkema SA | 522 | 66,442 | (4.6 | ) | ||||||||
Dassault Systemes SE | 13,930 | 768,409 | (53.5 | ) | ||||||||
Hermes International | 176 | 269,065 | (18.7 | ) | ||||||||
Klepierre SA | 4,319 | 104,571 | (7.3 | ) | ||||||||
La Francaise des Jeux SAEM | 13,312 | 711,683 | (49.6 | ) | ||||||||
Pernod Ricard SA | 337 | 74,397 | (5.2 | ) | ||||||||
Publicis Groupe SA | 3,169 | 200,061 | (13.9 | ) | ||||||||
Rubis SCA | 884 | 35,462 | (2.5 | ) | ||||||||
Unibail-Rodamco-Westfield | 200 | 16,647 | (1.2 | ) | ||||||||
Valeo SA | 12,477 | 360,783 | (25.1 | ) | ||||||||
|
|
|
| |||||||||
3,621,716 | ||||||||||||
Germany | ||||||||||||
alstria office REIT-AG | 16,767 | 354,743 | (24.7 | ) | ||||||||
Capital Stage AG | 10,648 | 194,872 | (13.6 | ) | ||||||||
HelloFresh SE | 2,739 | 256,752 | (17.9 | ) | ||||||||
Schaeffler AG | 2,177 | 18,957 | (1.3 | ) | ||||||||
|
|
|
| |||||||||
825,324 |
4 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Hong Kong | ||||||||||||
AIA Group Ltd. | 33,000 | $ | 394,870 | (27.5 | )% | |||||||
ASM Pacific Technology Ltd. | 23,200 | 299,134 | (20.8 | ) | ||||||||
Dah Sing Banking Group Ltd. | 237,600 | 244,597 | (17.0 | ) | ||||||||
Dah Sing Financial Holdings Ltd. | 8,000 | 25,218 | (1.8 | ) | ||||||||
Hutchison Port Holdings Trust | 170,500 | 40,068 | (2.8 | ) | ||||||||
Kerry Properties Ltd. | 30,000 | 88,597 | (6.2 | ) | ||||||||
SITC International Holdings Co. Ltd. | 140,000 | 577,552 | (40.2 | ) | ||||||||
Swire Properties Ltd. | 142,800 | 406,146 | (28.3 | ) | ||||||||
Techtronic Industries Co. Ltd. | 79,000 | 1,408,750 | (98.1 | ) | ||||||||
Vitasoy International Holdings Ltd. | 6,000 | 16,831 | (1.2 | ) | ||||||||
Xinyi Glass Holdings Ltd. | 8,000 | 29,854 | (2.1 | ) | ||||||||
Yue Yuen Industrial Holdings Ltd. | 50,500 | 106,575 | (7.4 | ) | ||||||||
|
|
|
| |||||||||
3,638,192 | ||||||||||||
Ireland | ||||||||||||
CRH PLC | 8,446 | 422,123 | (29.4 | ) | ||||||||
|
|
|
| |||||||||
Israel | ||||||||||||
Bank Hapoalim BM | 40,893 | 325,423 | (22.6 | ) | ||||||||
Gazit-Globe Ltd. | 9,622 | 71,542 | (5.0 | ) | ||||||||
Wix.com Ltd. | 2,250 | 671,940 | (46.8 | ) | ||||||||
|
|
|
| |||||||||
1,068,905 | ||||||||||||
Italy | ||||||||||||
Amplifon SpA | 509 | 25,137 | (1.7 | ) | ||||||||
Davide Campari-Milano NV | 34,993 | 491,950 | (34.3 | ) | ||||||||
Poste Italiane SpA | 33,939 | 449,097 | (31.3 | ) | ||||||||
PRADA SpA | 58,100 | 455,256 | (31.7 | ) | ||||||||
UnipolSai Assicurazioni SpA | 28,593 | 79,383 | (5.5 | ) | ||||||||
|
|
|
| |||||||||
1,500,823 | ||||||||||||
Japan | ||||||||||||
Asahi Kasei Corp. | 49,000 | 534,341 | (37.2 | ) | ||||||||
Azbil Corp. | 20,900 | 815,060 | (56.8 | ) | ||||||||
Benesse Holdings, Inc. | 1,200 | 27,613 | (1.9 | ) | ||||||||
COMSYS Holdings Corp. | 7,800 | 216,782 | (15.1 | ) | ||||||||
Daifuku Co. Ltd. | 100 | 8,961 | (0.6 | ) | ||||||||
Daiichi Sankyo Co. Ltd. | 1,300 | 25,746 | (1.8 | ) | ||||||||
Fuji Media Holdings, Inc. | 78,200 | 848,385 | (59.1 | ) | ||||||||
Hikari Tsushin, Inc. | 1,200 | 207,757 | (14.5 | ) | ||||||||
Inpex Corp. | 177,300 | 1,257,511 | (87.6 | ) | ||||||||
Itochu Techno-Solutions Corp. | 1,900 | 58,284 | (4.1 | ) | ||||||||
Kansai Paint Co. Ltd. | 800 | 19,647 | (1.4 | ) | ||||||||
Kao Corp. | 3,200 | 192,676 | (13.4 | ) | ||||||||
KDDI Corp. | 15,200 | 464,871 | (32.4 | ) | ||||||||
Kikkoman Corp. | 3,400 | 208,205 | (14.5 | ) | ||||||||
Kirin Holdings Co. Ltd. | 71,900 | 1,315,108 | (91.6 | ) | ||||||||
Kobayashi Pharmaceutical Co. Ltd. | 1,200 | 95,718 | (6.7 | ) | ||||||||
Komatsu Ltd. | 27,800 | 696,641 | (48.5 | ) | ||||||||
Konica Minolta, Inc. | 15,300 | 78,680 | (5.5 | ) | ||||||||
Lawson, Inc. | 16,700 | 839,343 | (58.4 | ) | ||||||||
Maeda Corp. | 12,200 | 102,567 | (7.1 | ) | ||||||||
Maruichi Steel Tube Ltd. | 800 | 19,299 | (1.3 | ) | ||||||||
Maruwa Unyu Kikan Co. Ltd. | 26,900 | 377,222 | (26.3 | ) | ||||||||
Mitsubishi Materials Corp. | 2,200 | 45,900 | (3.2 | ) | ||||||||
Mitsui Mining & Smelting Co. Ltd. | 8,000 | 227,798 | (15.9 | ) | ||||||||
Nankai Electric Railway Co. Ltd. | 1,600 | 33,976 | (2.4 | ) | ||||||||
Nikon Corp. | 12,800 | 119,160 | (8.3 | ) | ||||||||
Nippon Paint Holdings Co. Ltd. | 4,900 | 62,174 | (4.3 | ) | ||||||||
Nippon Paper Industries Co. Ltd. | 126,000 | 1,472,855 | (102.6 | ) | ||||||||
Obic Co. Ltd. | 900 | 158,178 | (11.0 | ) | ||||||||
Olympus Corp. | 28,400 | 584,453 | (40.7 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Secom Co. Ltd. | 4,400 | $ | 331,048 | (23.1 | )% | |||||||
SKY Perfect JSAT Holdings Inc. | 95,700 | 362,057 | (25.2 | ) | ||||||||
Suntory Beverage & Food Ltd. | 20,900 | 732,805 | (51.0 | ) | ||||||||
Takeda Pharmaceutical Co. Ltd. | 19,800 | 659,073 | (45.9 | ) | ||||||||
Teijin Ltd. | 12,400 | 186,706 | (13.0 | ) | ||||||||
Terumo Corp. | 56,100 | 2,177,282 | (151.6 | ) | ||||||||
Tokyo Electron Ltd. | 1,100 | 453,668 | (31.6 | ) | ||||||||
Toray Industries, Inc. | 12,800 | 84,278 | (5.9 | ) | ||||||||
Trend Micro, Inc. | 17,100 | 890,279 | (62.0 | ) | ||||||||
Yamaguchi Financial Group, Inc. | 95,200 | 547,292 | (38.1 | ) | ||||||||
Yamaha Corp. | 4,700 | 260,446 | (18.1 | ) | ||||||||
Yamaha Motor Co. Ltd. | 15,900 | 398,147 | (27.7 | ) | ||||||||
Yaskawa Electric Corp. | 11,000 | 544,684 | (37.9 | ) | ||||||||
Yokogawa Electric Corp. | 47,100 | 724,595 | (50.5 | ) | ||||||||
Yokohama Rubber Co. Ltd. | 6,000 | 119,811 | (8.3 | ) | ||||||||
ZOZO, Inc. | 56,600 | 1,927,722 | (134.2 | ) | ||||||||
|
|
|
| |||||||||
21,514,804 | ||||||||||||
Netherlands | ||||||||||||
IMCD NV | 371 | 64,280 | (4.5 | ) | ||||||||
PostNL NV | 39,293 | 212,638 | (14.8 | ) | ||||||||
Signify NV | 10,042 | 562,540 | (39.2 | ) | ||||||||
|
|
|
| |||||||||
839,458 | ||||||||||||
Norway | ||||||||||||
Salmar ASA | 9,556 | 633,866 | (44.1 | ) | ||||||||
|
|
|
| |||||||||
Spain | ||||||||||||
Fluidra SA | 10,893 | 441,588 | (30.8 | ) | ||||||||
Industria de Diseno Textil SA | 1,247 | 42,294 | (2.9 | ) | ||||||||
|
|
|
| |||||||||
483,882 | ||||||||||||
Sweden | ||||||||||||
Acast AB | 22,102 | 79,592 | (5.5 | ) | ||||||||
Elekta AB | 70,804 | 1,033,420 | (72.0 | ) | ||||||||
H & M Hennes & Mauritz AB, B Shares | 16,151 | 337,665 | (23.5 | ) | ||||||||
Nibe Industrier AB, B Shares | 17,221 | 205,791 | (14.3 | ) | ||||||||
Rvrc Holding AB | 6,587 | 55,858 | (3.9 | ) | ||||||||
|
|
|
| |||||||||
1,712,326 | ||||||||||||
Switzerland | ||||||||||||
Givaudan SA | 123 | 613,923 | (42.7 | ) | ||||||||
PSP Swiss Property AG, Registered Shares | 664 | 89,940 | (6.3 | ) | ||||||||
Tecan Group AG | 460 | 265,268 | (18.5 | ) | ||||||||
|
|
|
| |||||||||
969,131 | ||||||||||||
United Kingdom | ||||||||||||
Ascential PLC | 65,249 | 392,354 | (27.3 | ) | ||||||||
Ashtead Group PLC | 2,243 | 167,842 | (11.7 | ) | ||||||||
Auction Technology Group PLC | 2 | 38 | (0.0 | ) | ||||||||
Croda International PLC | 12,055 | 1,411,173 | (98.3 | ) | ||||||||
ITV PLC | 365,073 | 567,671 | (39.5 | ) | ||||||||
John Wood Group PLC | 83,326 | 252,409 | (17.6 | ) | ||||||||
Moneysupermarket.com Group PLC | 2 | 7 | (0.0 | ) | ||||||||
Phoenix Group Holdings PLC | 121,782 | 1,147,653 | (79.9 | ) | ||||||||
Renishaw PLC | 397 | 28,240 | (2.0 | ) | ||||||||
Schroders PLC | 2,126 | 107,967 | (7.5 | ) | ||||||||
Virgin Money UK PLC | 19,837 | 54,828 | (3.8 | ) | ||||||||
|
|
|
| |||||||||
4,130,182 | ||||||||||||
United States | ||||||||||||
Adobe, Inc. | 685 | 425,817 | (29.7 | ) | ||||||||
Agilent Technologies, Inc. | 1,584 | 242,716 | (16.9 | ) | ||||||||
Airbnb, Inc., Class A | 9,154 | 1,318,268 | (91.8 | ) |
SCHEDULE OF INVESTMENTS | 5 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Alarm.com Holdings, Inc. | 14,417 | $ | 1,199,783 | (83.6 | )% | |||||||
Allogene Therapeutics, Inc. | 2,164 | 47,500 | (3.3 | ) | ||||||||
Alteryx, Inc., Class A | 1,189 | 92,029 | (6.4 | ) | ||||||||
Amazon.com, Inc. | 10 | 33,276 | (2.3 | ) | ||||||||
Amedisys, Inc. | 529 | 137,868 | (9.6 | ) | ||||||||
Analog Devices, Inc. | 3,979 | 666,164 | (46.4 | ) | ||||||||
Angi, Inc. | 1,900 | 21,869 | (1.5 | ) | ||||||||
Appian Corp. | 1,900 | 221,217 | (15.4 | ) | ||||||||
Arista Networks, Inc. | 913 | 347,296 | (24.2 | ) | ||||||||
Artisan Partners Asset Management, Inc., Class A | 7,182 | 345,382 | (24.1 | ) | ||||||||
Atlassian Corp. PLC, Class A | 1,507 | 489,956 | (34.1 | ) | ||||||||
Bandwidth, Inc., Class A | 3,257 | 422,303 | (29.4 | ) | ||||||||
Blackline, Inc. | 8,342 | 954,241 | (66.5 | ) | ||||||||
Boston Beer Co., Inc., Class A | 245 | 173,950 | (12.1 | ) | ||||||||
C3.AI, Inc., Class A | 2,174 | 109,461 | (7.6 | ) | ||||||||
Cardlytics, Inc. | 1,794 | 225,972 | (15.7 | ) | ||||||||
Carter’s, Inc. | 3,451 | 337,301 | (23.5 | ) | ||||||||
Chegg, Inc. | 7,107 | 629,893 | (43.9 | ) | ||||||||
Ciena Corp. | 1,966 | 114,303 | (8.0 | ) | ||||||||
Cigna Corp. | 8,030 | 1,842,805 | (128.3 | ) | ||||||||
Cogent Communications Holdings, Inc. | 7,332 | 569,037 | (39.6 | ) | ||||||||
Cognex Corp. | 1,974 | 178,469 | (12.4 | ) | ||||||||
Constellium SE | 42,915 | 809,806 | (56.4 | ) | ||||||||
Curtiss-Wright Corp. | 1,640 | 194,012 | (13.5 | ) | ||||||||
Dell Technologies, Inc., Class C | 1,571 | 151,790 | (10.6 | ) | ||||||||
Edison International | 35,601 | 1,940,254 | (135.1 | ) | ||||||||
Elastic NV | 6,467 | 957,504 | (66.7 | ) | ||||||||
EOG Resources, Inc. | 9,630 | 701,642 | (48.9 | ) | ||||||||
EPAM Systems, Inc. | 262 | 146,668 | (10.2 | ) | ||||||||
Equifax, Inc. | 685 | 178,511 | (12.4 | ) | ||||||||
Essent Group Ltd. | 6,914 | 312,305 | (21.7 | ) | ||||||||
Everest Re Group Ltd. | 2,246 | 567,856 | (39.5 | ) | ||||||||
Expeditors International of Washington, Inc. | 627 | 80,413 | (5.6 | ) | ||||||||
FactSet Research Systems, Inc. | 338 | 120,761 | (8.4 | ) | ||||||||
First Republic Bank | 763 | 148,800 | (10.4 | ) | ||||||||
Flex Ltd. | 6,236 | 112,061 | (7.8 | ) | ||||||||
Flowers Foods, Inc. | 49,283 | 1,161,107 | (80.9 | ) | ||||||||
Freshpet, Inc. | 1,966 | 287,921 | (20.1 | ) | ||||||||
Gap, Inc. | 6,655 | 194,126 | (13.5 | ) | ||||||||
Grand Canyon Education, Inc. | 3,938 | 363,753 | (25.3 | ) | ||||||||
Guidewire Software, Inc. | 4,263 | 491,098 | (34.2 | ) | ||||||||
Healthcare Trust of America, Inc., Class A | 31,686 | 905,903 | (63.1 | ) | ||||||||
HealthEquity, Inc. | �� | 1,929 | 142,707 | (9.9 | ) | |||||||
HEICO Corp. | 11,906 | 1,610,287 | (112.1 | ) | ||||||||
HEICO Corp., Class A | 1,269 | 153,917 | (10.7 | ) | ||||||||
Hewlett Packard Enterprise Co. | 137,461 | 1,993,184 | (138.8 | ) | ||||||||
Hexcel Corp. | 12,148 | 661,094 | (46.0 | ) | ||||||||
ICU Medical, Inc. | 1,212 | 246,387 | (17.2 | ) | ||||||||
Interactive Brokers Group, Inc., Class A | 1,697 | 104,976 | (7.3 | ) | ||||||||
International Game Technology PLC | 2,743 | 51,431 | (3.6 | ) | ||||||||
Intuit, Inc. | 849 | 449,945 | (31.3 | ) | ||||||||
Invesco Ltd. | 8,033 | 195,845 | (13.6 | ) | ||||||||
Kilroy Realty Corp. | 13,449 | 931,612 | (64.9 | ) | ||||||||
Kimco Realty Corp. | 11,842 | 252,590 | (17.6 | ) | ||||||||
Landstar System, Inc. | 71 | 11,147 | (0.8 | ) | ||||||||
Lennox International, Inc. | 2,392 | 787,997 | (54.9 | ) | ||||||||
Levi Strauss & Co., Class A | 15,464 | 425,569 | (29.6 | ) | ||||||||
LHC Group, Inc. | 3,004 | 646,401 | (45.0 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Life Storage, Inc. | 1,988 | $ | 233,312 | (16.2 | )% | |||||||
LivePerson, Inc. | 11,638 | 741,224 | (51.6 | ) | ||||||||
Manhattan Associates, Inc. | 2,191 | 349,749 | (24.4 | ) | ||||||||
Martin Marietta Materials, Inc. | 412 | 149,680 | (10.4 | ) | ||||||||
Medpace Holdings, Inc. | 681 | 119,815 | (8.3 | ) | ||||||||
Meritage Homes Corp. | 465 | 50,490 | (3.5 | ) | ||||||||
Morningstar, Inc. | 2,536 | 640,670 | (44.6 | ) | ||||||||
MSCI, Inc. | 429 | 255,667 | (17.8 | ) | ||||||||
NetApp, Inc. | 23,787 | 1,893,207 | (131.8 | ) | ||||||||
New Relic, Inc. | 5,676 | 392,098 | (27.3 | ) | ||||||||
Okta, Inc. | 1,083 | 268,357 | (18.7 | ) | ||||||||
OneMain Holdings, Inc. | 2,281 | 139,141 | (9.7 | ) | ||||||||
Opendoor Technologies Inc. | 852 | 12,627 | (0.9 | ) | ||||||||
Paycom Software, Inc. | 2,956 | 1,182,400 | (82.3 | ) | ||||||||
PayPal Holdings, Inc. | 932 | 256,794 | (17.9 | ) | ||||||||
Pegasystems, Inc. | 2,691 | 343,479 | (23.9 | ) | ||||||||
Penumbra, Inc. | 1,658 | 441,409 | (30.7 | ) | ||||||||
PROG Holdings, Inc. | 17,411 | 762,079 | (53.1 | ) | ||||||||
Ralph Lauren Corp. | 1,548 | 175,729 | (12.2 | ) | ||||||||
Reinsurance Group of America, Inc. | 4,959 | 546,383 | (38.1 | ) | ||||||||
Resideo Technologies, Inc. | 3,940 | 116,230 | (8.1 | ) | ||||||||
Ryder System, Inc. | 32,788 | 2,496,806 | (173.9 | ) | ||||||||
S&P Global, Inc. | 1,437 | 616,071 | (42.9 | ) | ||||||||
salesforce.com, Inc. | 9,638 | 2,331,721 | (162.4 | ) | ||||||||
SBA Communications Corp. | 1,394 | 475,340 | (33.1 | ) | ||||||||
Scotts Miracle-Gro Co. | 663 | 117,324 | (8.2 | ) | ||||||||
ServiceNow, Inc. | 1,998 | 1,174,604 | (81.8 | ) | ||||||||
Shake Shack, Inc., Class A | 1,809 | 181,877 | (12.7 | ) | ||||||||
Silicon Laboratories, Inc. | 990 | 147,500 | (10.3 | ) | ||||||||
Sims Ltd. | 70,995 | 858,262 | (59.8 | ) | ||||||||
SiteOne Landscape Supply, Inc. | 3,372 | 589,358 | (41.0 | ) | ||||||||
Snap, Inc., Class A | 8,459 | 629,519 | (43.8 | ) | ||||||||
SolarEdge Technologies, Inc. | 584 | 151,536 | (10.6 | ) | ||||||||
Spirit Realty Capital, Inc. | 642 | 32,241 | (2.2 | ) | ||||||||
STAAR Surgical Co. | 1,331 | 170,262 | (11.9 | ) | ||||||||
Sunnova Energy International, Inc. | 11,406 | 434,569 | (30.3 | ) | ||||||||
Sunrun, Inc. | 4,191 | 221,997 | (15.5 | ) | ||||||||
Take-Two Interactive Software, Inc. | 1,144 | 198,392 | (13.8 | ) | ||||||||
Tandem Diabetes Care, Inc. | 2,566 | 278,847 | (19.4 | ) | ||||||||
Tenable Holdings, Inc. | 2,652 | 113,506 | (7.9 | ) | ||||||||
Terminix Global Holdings, Inc. | 8,960 | 470,400 | (32.8 | ) | ||||||||
Ulta Beauty, Inc. | 470 | 157,826 | (11.0 | ) | ||||||||
Ultragenyx Pharmaceutical, Inc. | 3,960 | 316,127 | (22.0 | ) | ||||||||
Valvoline, Inc. | 6,785 | 208,164 | (14.5 | ) | ||||||||
Varonis Systems, Inc. | 4,153 | 254,164 | (17.7 | ) | ||||||||
VeriSign, Inc. | 238 | 51,496 | (3.6 | ) | ||||||||
Voya Financial, Inc. | 914 | 58,862 | (4.1 | ) | ||||||||
W.R. Berkley Corp. | 13 | 951 | (0.1 | ) | ||||||||
Wendy’s Co. | 8,603 | 199,676 | (13.9 | ) | ||||||||
Wintrust Financial Corp. | 1,454 | 103,816 | (7.2 | ) | ||||||||
Workday, Inc., Class A | 1,841 | 431,530 | (30.1 | ) | ||||||||
WP Carey, Inc. | 14,996 | 1,210,027 | (84.3 | ) | ||||||||
Zillow Group, Inc., Class A | 11,680 | 1,251,278 | (87.1 | ) | ||||||||
|
|
|
| |||||||||
54,642,845 | ||||||||||||
|
| |||||||||||
Total Reference Entity — Long | 104,369,895 | |||||||||||
|
|
6 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Short |
| |||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
BHP Group PLC | (8,434 | ) | $ | (273,062 | ) | 19.0 | % | |||||
|
|
|
| |||||||||
Austria | ||||||||||||
BAWAG Group AG | (1,856 | ) | (105,438 | ) | 7.3 | |||||||
Voestalpine AG | (8,844 | ) | (390,159 | ) | 27.2 | |||||||
|
|
|
| |||||||||
(495,597 | ) | |||||||||||
Belgium | ||||||||||||
Colruyt SA | (18,808 | ) | (1,069,378 | ) | 74.5 | |||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Bank of Montreal | (10,956 | ) | (1,084,798 | ) | 75.5 | |||||||
Boyd Group Services, Inc. | (2,561 | ) | (501,628 | ) | 34.9 | |||||||
Brookfield Asset Management Reinsurance Partners Ltd., Class A | (118 | ) | (6,388 | ) | 0.5 | |||||||
Brookfield Asset Management, Inc., Class A | (15,660 | ) | (845,384 | ) | 58.9 | |||||||
Centerra Gold, Inc. | (45,311 | ) | (364,275 | ) | 25.4 | |||||||
Dollarama, Inc. | (38,645 | ) | (1,819,809 | ) | 126.7 | |||||||
Dye & Durham Ltd. | (1,715 | ) | (64,842 | ) | 4.5 | |||||||
Empire Co. Ltd. | (13,124 | ) | (430,980 | ) | 30.0 | |||||||
Metro, Inc. | (8,673 | ) | (449,778 | ) | 31.3 | |||||||
Pan American Silver Corp. | (17,992 | ) | (505,178 | ) | 35.2 | |||||||
Saputo, Inc. | (22,049 | ) | (636,233 | ) | 44.3 | |||||||
Stelco Holdings, Inc. | (3,673 | ) | (121,295 | ) | 8.5 | |||||||
TransAlta Corp. | (33,343 | ) | (347,701 | ) | 24.2 | |||||||
|
|
|
| |||||||||
(7,178,289 | ) | |||||||||||
Finland | ||||||||||||
Huhtamaki OYJ | (21,581 | ) | (1,149,412 | ) | 80.0 | |||||||
TietoEVRY OYJ | (20,742 | ) | (697,644 | ) | 48.6 | |||||||
|
|
|
| |||||||||
(1,847,056 | ) | |||||||||||
France | ||||||||||||
Accor SA | (20,371 | ) | (720,932 | ) | 50.2 | |||||||
Adevinta ASA | (28,786 | ) | (553,480 | ) | 38.5 | |||||||
Bollore SA | (165,246 | ) | (923,448 | ) | 64.3 | |||||||
Capgemini SE | (3,037 | ) | (656,456 | ) | 45.7 | |||||||
Dassault Aviation SA | (336 | ) | (400,059 | ) | 27.9 | |||||||
Eurazeo SE | (16,552 | ) | (1,603,249 | ) | 111.7 | |||||||
ICADE | (1,208 | ) | (110,423 | ) | 7.7 | |||||||
Renault SA | (6,735 | ) | (255,799 | ) | 17.8 | |||||||
SEB SA | (1,469 | ) | (244,086 | ) | 17.0 | |||||||
SOITEC | (4,858 | ) | (1,164,693 | ) | 81.1 | |||||||
SPIE SA | (8,229 | ) | (194,916 | ) | 13.6 | |||||||
Ubisoft Entertainment SA | (2,126 | ) | (134,775 | ) | 9.4 | |||||||
|
|
|
| |||||||||
(6,962,316 | ) | |||||||||||
Germany | ||||||||||||
Auto1 Group SE | (17,236 | ) | (843,610 | ) | 58.7 | |||||||
Bayer AG | (3,685 | ) | (219,548 | ) | 15.3 | |||||||
CTS Eventim AG & Co. KGaA | (2,111 | ) | (143,432 | ) | 10.0 | |||||||
Delivery Hero SE | (5,955 | ) | (890,228 | ) | 62.0 | |||||||
Deutsche Bank AG | (36,791 | ) | (463,797 | ) | 32.3 | |||||||
Eckert & Ziegler Strahlen- und Medizintechnik AG | (196 | ) | (26,959 | ) | 1.9 | |||||||
Porsche Automobil Holding SE | (1,211 | ) | (131,068 | ) | 9.1 | |||||||
Siemens Healthineers AG | (4,349 | ) | (287,127 | ) | 20.0 | |||||||
TeamViewer AG | (1,747 | ) | (58,737 | ) | 4.1 |
Security | Shares | Value | % of Basket Value | |||||||||
Germany (continued) | ||||||||||||
Uniper SE | (8,078 | ) | $ | (315,389 | ) | 22.0 | % | |||||
Varta AG | (3,162 | ) | (548,482 | ) | 38.2 | |||||||
|
|
|
| |||||||||
(3,928,377 | ) | |||||||||||
Hong Kong | ||||||||||||
CLP Holdings Ltd. | (87,000 | ) | (897,094 | ) | 62.5 | |||||||
Jardine Matheson Holdings Ltd. | (45,500 | ) | (2,707,051 | ) | 188.5 | |||||||
Melco International Development Ltd. | (157,000 | ) | (250,722 | ) | 17.4 | |||||||
Sino Land Co. Ltd. | (12,000 | ) | (18,388 | ) | 1.3 | |||||||
|
|
|
| |||||||||
(3,873,255 | ) | |||||||||||
Ireland | ||||||||||||
AerCap Holdings NV | (941 | ) | (49,873 | ) | 3.5 | |||||||
Smurfit Kappa Group PLC | (3,471 | ) | (195,813 | ) | 13.6 | |||||||
|
|
|
| |||||||||
(245,686 | ) | |||||||||||
Israel | ||||||||||||
Azrieli Group Ltd. | (1,281 | ) | (102,025 | ) | 7.1 | |||||||
Big Shopping Centers Ltd. | (1,331 | ) | (186,112 | ) | 13.0 | |||||||
Cognyte Software Ltd. | (1,895 | ) | (49,213 | ) | 3.4 | |||||||
Fattal Holdings 1998 Ltd. | (1,489 | ) | (130,171 | ) | 9.1 | |||||||
Maytronics Ltd. | (50,111 | ) | (1,090,006 | ) | 75.9 | |||||||
Shapir Engineering and Industry Ltd. | (13,934 | ) | (103,201 | ) | 7.2 | |||||||
Shikun & Binui Ltd. | (34,152 | ) | (193,487 | ) | 13.5 | |||||||
Teva Pharmaceutical Industries Ltd. | (12,698 | ) | (122,370 | ) | 8.5 | |||||||
|
|
|
| |||||||||
(1,976,585 | ) | |||||||||||
Italy | ||||||||||||
DiaSorin SpA | (320 | ) | (64,945 | ) | 4.5 | |||||||
Ferrari NV | (2,984 | ) | (650,327 | ) | 45.3 | |||||||
|
|
|
| |||||||||
(715,272 | ) | |||||||||||
Japan | ||||||||||||
Acom Co. Ltd. | (4,400 | ) | (18,059 | ) | 1.3 | |||||||
AEON Financial Service Co. Ltd. | (9,000 | ) | (110,879 | ) | 7.7 | |||||||
Ain Holdings, Inc. | (600 | ) | (36,729 | ) | 2.6 | |||||||
Ajinomoto Co., Inc. | (13,000 | ) | (331,200 | ) | 23.1 | |||||||
Asahi Intecc Co. Ltd. | (6,600 | ) | (178,841 | ) | 12.5 | |||||||
Bank of Kyoto Ltd. | (10,500 | ) | (452,176 | ) | 31.5 | |||||||
Bengo4.com, Inc. | (3,600 | ) | (271,806 | ) | 18.9 | |||||||
Brother Industries Ltd. | (7,400 | ) | (150,597 | ) | 10.5 | |||||||
Change, Inc. | (15,700 | ) | (364,197 | ) | 25.4 | |||||||
Chubu Electric Power Co., Inc. | (5,100 | ) | (61,203 | ) | 4.3 | |||||||
Daido Steel Co. Ltd. | (5,200 | ) | (245,478 | ) | 17.1 | |||||||
Daito Trust Construction Co. Ltd. | (900 | ) | (105,741 | ) | 7.4 | |||||||
Freee KK | (11,400 | ) | (978,568 | ) | 68.1 | |||||||
Fuji Kyuko Co. Ltd. | (5,400 | ) | (249,789 | ) | 17.4 | |||||||
Fujitsu General Ltd. | (7,800 | ) | (201,212 | ) | 14.0 | |||||||
GMO Payment Gateway, Inc. | (1,300 | ) | (167,112 | ) | 11.6 | |||||||
Goldwin, Inc. | (700 | ) | (43,762 | ) | 3.0 | |||||||
GS Yuasa Corp. | (500 | ) | (12,845 | ) | 0.9 | |||||||
GungHo Online Entertainment, Inc. | (29,400 | ) | (544,706 | ) | 37.9 | |||||||
Hachijuni Bank Ltd. | (95,900 | ) | (310,259 | ) | 21.6 | |||||||
Hirogin Holdings, Inc. | (106,200 | ) | (571,457 | ) | 39.8 | |||||||
Hokuriku Electric Power Co. | (150,600 | ) | (785,994 | ) | 54.7 | |||||||
Iida Group Holdings Co. Ltd. | (2,800 | ) | (67,566 | ) | 4.7 | |||||||
Invincible Investment Corp. | (1,516 | ) | (595,588 | ) | 41.5 | |||||||
IR Japan Holdings Ltd. | (2,500 | ) | (309,365 | ) | 21.5 | |||||||
Isetan Mitsukoshi Holdings Ltd. | (57,500 | ) | (389,360 | ) | 27.1 | |||||||
Iwatani Corp. | (4,200 | ) | (241,286 | ) | 16.8 | |||||||
Izumi Co. Ltd. | (400 | ) | (13,692 | ) | 0.9 |
SCHEDULE OF INVESTMENTS | 7 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Japan Airport Terminal Co. Ltd. | (8,100 | ) | $ | (350,032 | ) | 24.4 | % | |||||
Japan Exchange Group, Inc. | (9,100 | ) | (206,979 | ) | 14.4 | |||||||
Japan Hotel REIT Investment Corp. | (1,059 | ) | (645,786 | ) | 45.0 | |||||||
Japan Logistics Fund, Inc. | (164 | ) | (497,631 | ) | 34.7 | |||||||
Japan Steel Works Ltd. | (28,800 | ) | (708,475 | ) | 49.3 | |||||||
JSR Corp. | (1,300 | ) | (43,312 | ) | 3.0 | |||||||
Justsystems Corp. | (2,200 | ) | (127,814 | ) | 8.9 | |||||||
Kawasaki Heavy Industries Ltd. | (15,300 | ) | (321,133 | ) | 22.4 | |||||||
Kawasaki Kisen Kaisha Ltd. | (600 | ) | (20,534 | ) | 1.4 | |||||||
Keio Corp. | (800 | ) | (44,556 | ) | 3.1 | |||||||
Keisei Electric Railway Co. Ltd. | (100 | ) | (2,978 | ) | 0.2 | |||||||
Kotobuki Spirits Co. Ltd. | (4,400 | ) | (263,864 | ) | 18.4 | |||||||
Kurita Water Industries Ltd. | (1,300 | ) | (63,139 | ) | 4.4 | |||||||
Kusuri no Aoki Holdings Co. Ltd. | (900 | ) | (60,274 | ) | 4.2 | |||||||
Kyudenko Corp. | (8,800 | ) | (313,608 | ) | 21.8 | |||||||
Lasertec Corp. | (300 | ) | (55,977 | ) | 3.9 | |||||||
Maeda Road Construction Co. Ltd. | (55,300 | ) | (1,055,986 | ) | 73.5 | |||||||
Makita Corp. | (3,200 | ) | (166,397 | ) | 11.6 | |||||||
Mitsubishi Corp. | (13,800 | ) | (387,073 | ) | 27.0 | |||||||
Mitsubishi Gas Chemical Co., Inc. | (19,300 | ) | (402,036 | ) | 28.0 | |||||||
Mitsubishi Motors Corp. | (51,100 | ) | (143,577 | ) | 10.0 | |||||||
Mitsui Fudosan Co. Ltd. | (8,200 | ) | (191,775 | ) | 13.4 | |||||||
Mitsui Fudosan Logistics Park, Inc. | (85 | ) | (475,730 | ) | 33.1 | |||||||
Mitsui High-Tec, Inc. | (3,800 | ) | (220,993 | ) | 15.4 | |||||||
Money Forward, Inc. | (7,000 | ) | (431,450 | ) | 30.0 | |||||||
Nexon Co. Ltd. | (4,900 | ) | (100,823 | ) | 7.0 | |||||||
Nippo Corp. | (42,200 | ) | (1,172,274 | ) | 81.6 | |||||||
Nippon Kayaku Co. Ltd. | (13,200 | ) | (136,884 | ) | 9.5 | |||||||
Nishi-Nippon Railroad Co. Ltd. | (11,800 | ) | (281,380 | ) | 19.6 | |||||||
NOF Corp. | (3,800 | ) | (193,284 | ) | 13.5 | |||||||
Oji Holdings Corp. | (17,200 | ) | (99,166 | ) | 6.9 | |||||||
Open House Co. Ltd. | (1,400 | ) | (70,443 | ) | 4.9 | |||||||
Orient Corp. | (628,700 | ) | (789,121 | ) | 54.9 | |||||||
Outsourcing, Inc. | (1,000 | ) | (18,969 | ) | 1.3 | |||||||
Park24 Co. Ltd. | (37,900 | ) | (714,626 | ) | 49.8 | |||||||
Sansan, Inc. | (2,000 | ) | (163,542 | ) | 11.4 | |||||||
Shionogi & Co. Ltd. | (5,000 | ) | (263,323 | ) | 18.3 | |||||||
Shochiku Co. Ltd. | (5,500 | ) | (598,287 | ) | 41.7 | |||||||
Sotetsu Holdings, Inc. | (700 | ) | (13,770 | ) | 1.0 | |||||||
Square Enix Holdings Co. Ltd. | (4,700 | ) | (243,867 | ) | 17.0 | |||||||
Sugi Holdings Co. Ltd. | (18,000 | ) | (1,328,337 | ) | 92.5 | |||||||
Sumitomo Dainippon Pharma Co. Ltd. | (15,900 | ) | (275,313 | ) | 19.2 | |||||||
Taiyo Nippon Sanso Corp. | (46,800 | ) | (1,035,967 | ) | 72.1 | |||||||
Toho Co. Ltd. | (26,000 | ) | (1,131,898 | ) | 78.8 | |||||||
Toho Gas Co. Ltd. | (21,500 | ) | (1,045,062 | ) | 72.8 | |||||||
Tohoku Electric Power Co., Inc. | (51,800 | ) | (392,449 | ) | 27.3 | |||||||
Tokai Carbon Co. Ltd. | (17,400 | ) | (229,843 | ) | 16.0 | |||||||
Tokyo Electric Power Co. Holdings, Inc. | (132,400 | ) | (352,872 | ) | 24.6 | |||||||
Tokyo Tatemono Co. Ltd. | (31,600 | ) | (475,418 | ) | 33.1 | |||||||
Tokyu Fudosan Holdings Corp. | (2,700 | ) | (15,242 | ) | 1.1 | |||||||
Toyota Boshoku Corp. | (22,400 | ) | (451,889 | ) | 31.5 | |||||||
Ube Industries Ltd. | (1,300 | ) | (26,110 | ) | 1.8 | |||||||
Welcia Holdings Co. Ltd. | (3,000 | ) | (102,119 | ) | 7.1 | |||||||
Yamato Holdings Co. Ltd. | (11,200 | ) | (322,785 | ) | 22.5 | |||||||
Yamato Kogyo Co. Ltd. | (39,100 | ) | (1,329,599 | ) | 92.6 | |||||||
Zenkoku Hosho Co. Ltd. | (600 | ) | (27,127 | ) | 1.9 | |||||||
|
|
|
| |||||||||
(28,412,365 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Mongolia | ||||||||||||
Turquoise Hill Resources Ltd. | (3,816 | ) | $ | (63,682 | ) | 4.4 | % | |||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
ASM International NV | (1,754 | ) | (622,512 | ) | 43.3 | |||||||
NXP Semiconductors NV | (867 | ) | (178,940 | ) | 12.5 | |||||||
Prosus NV | (7,171 | ) | (639,785 | ) | 44.5 | |||||||
Shop Apotheke Europe NV | (466 | ) | (69,929 | ) | 4.9 | |||||||
|
|
|
| |||||||||
(1,511,166 | ) | |||||||||||
New Zealand | ||||||||||||
a2 Milk Co. Ltd. | (81,926 | ) | (356,203 | ) | 24.8 | |||||||
|
|
|
| |||||||||
Norway | ||||||||||||
Aker ASA | (18,266 | ) | (1,400,458 | ) | 97.5 | |||||||
|
|
|
| |||||||||
Russia | ||||||||||||
Evraz PLC | (115,421 | ) | (986,142 | ) | 68.7 | |||||||
|
|
|
| |||||||||
Singapore | ||||||||||||
CapitaLand Ltd. | (181,300 | ) | (538,636 | ) | 37.5 | |||||||
Sembcorp Industries Ltd. | (107,300 | ) | (165,516 | ) | 11.5 | |||||||
|
|
|
| |||||||||
(704,152 | ) | |||||||||||
Spain | ||||||||||||
Amadeus IT Group SA | (1,924 | ) | (126,077 | ) | 8.8 | |||||||
EDP Renovaveis SA | (681 | ) | (15,995 | ) | 1.1 | |||||||
Ferrovial SA | (57,183 | ) | (1,696,914 | ) | 118.2 | |||||||
Telefonica SA | (128,817 | ) | (589,318 | ) | 41.0 | |||||||
|
|
|
| |||||||||
(2,428,304 | ) | |||||||||||
Sweden | ||||||||||||
Alfa Laval Ab | (12,070 | ) | (504,054 | ) | 35.1 | |||||||
Electrolux AB, Series B | (1,572 | ) | (41,234 | ) | 2.9 | |||||||
Embracer Group AB | (33,937 | ) | (878,340 | ) | 61.2 | |||||||
Holmen AB | (446 | ) | (23,478 | ) | 1.6 | |||||||
Thule Group AB | (39,070 | ) | (1,972,603 | ) | 137.4 | |||||||
|
|
|
| |||||||||
(3,419,709 | ) | |||||||||||
Switzerland | ||||||||||||
Credit Suisse Group AG | (9,255 | ) | (92,914 | ) | 6.5 | |||||||
Dufry AG | (12,333 | ) | (652,511 | ) | 45.4 | |||||||
EMS-Chemie Holding AG | (1,048 | ) | (1,161,771 | ) | 80.9 | |||||||
Georg Fischer AG | (332 | ) | (537,328 | ) | 37.4 | |||||||
Schindler Holding AG | (2,035 | ) | (634,109 | ) | 44.2 | |||||||
Vifor Pharma AG | (6,010 | ) | (840,509 | ) | 58.5 | |||||||
Zur Rose Group AG | (39 | ) | (14,509 | ) | 1.0 | |||||||
|
|
|
| |||||||||
(3,933,651 | ) | |||||||||||
United Kingdom | ||||||||||||
B&M European Value Retail SA | (80,966 | ) | (622,049 | ) | 43.3 | |||||||
Barclays PLC | (96,934 | ) | (234,491 | ) | 16.3 | |||||||
Ceres Power Holdings PLC | (20,865 | ) | (292,410 | ) | 20.4 | |||||||
Countryside Properties PLC | (122,722 | ) | (896,842 | ) | 62.5 | |||||||
Deliveroo PLC | (439,832 | ) | (2,022,499 | ) | 140.8 | |||||||
Hiscox Ltd. | (10,032 | ) | (121,821 | ) | 8.5 | |||||||
Inchcape PLC | (55,824 | ) | (659,379 | ) | 45.9 | |||||||
International Consolidated Airlines Group SA | (46,854 | ) | (109,127 | ) | 7.6 | |||||||
ITM Power PLC | (13,047 | ) | (74,306 | ) | 5.2 | |||||||
Land Securities Group PLC | (24,278 | ) | (238,953 | ) | 16.6 | |||||||
SSP Group PLC | (71,242 | ) | (258,350 | ) | 18.0 | |||||||
|
|
|
| |||||||||
(5,530,227 | ) |
8 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States | ||||||||||||
Aflac, Inc. | (8,384 | ) | $ | (461,120 | ) | 32.1 | % | |||||
Air Lease Corp. | (767 | ) | (32,490 | ) | 2.3 | |||||||
Albemarle Corp. | (5,025 | ) | (1,035,351 | ) | 72.1 | |||||||
Archer-Daniels-Midland Co. | (18,527 | ) | (1,106,432 | ) | 77.1 | |||||||
Avast PLC | (57,196 | ) | (460,930 | ) | 32.1 | |||||||
Avis Budget Group, Inc. | (4,290 | ) | (355,083 | ) | 24.7 | |||||||
Broadcom, Inc. | (165 | ) | (80,091 | ) | 5.6 | |||||||
Carvana Co. | (750 | ) | (253,170 | ) | 17.6 | |||||||
CDW Corp. | (13,391 | ) | (2,455,240 | ) | 171.0 | |||||||
Celanese Corp. | (3,267 | ) | (508,901 | ) | 35.4 | |||||||
Chemours Co. | (1,056 | ) | (35,112 | ) | 2.4 | |||||||
Chesapeake Energy Corp. | (29,766 | ) | (1,608,852 | ) | 112.0 | |||||||
Concentrix Corp. | (2,744 | ) | (449,275 | ) | 31.3 | |||||||
Coty, Inc., Class A | (2,696 | ) | (23,536 | ) | 1.6 | |||||||
DISH Network Corp., Class A | (14,447 | ) | (605,185 | ) | 42.1 | |||||||
DoorDash, Inc., Class A | (1,546 | ) | (269,452 | ) | 18.8 | |||||||
Duck Creek Technologies, Inc. | (5,153 | ) | (226,371 | ) | 15.8 | |||||||
EQT Corp. | (2,286 | ) | (42,040 | ) | 2.9 | |||||||
Equity Commonwealth | (32,207 | ) | (846,722 | ) | 59.0 | |||||||
Equity LifeStyle Properties, Inc. | (3,227 | ) | (270,423 | ) | 18.8 | |||||||
Fastly, Inc., Class A | (3,820 | ) | (183,627 | ) | 12.8 | |||||||
Fifth Third Bancorp | (2,501 | ) | (90,761 | ) | 6.3 | |||||||
Floor & Decor Holdings, Inc., Class A | (5,764 | ) | (703,266 | ) | 49.0 | |||||||
Howmet Aerospace Inc. | (3,035 | ) | (99,609 | ) | 6.9 | |||||||
II-VI, Inc. | (4,181 | ) | (291,876 | ) | 20.3 | |||||||
Jabil, Inc. | (24,798 | ) | (1,476,473 | ) | 102.8 | |||||||
JB Hunt Transport Services, Inc. | (4,212 | ) | (709,511 | ) | 49.4 | |||||||
Liberty Broadband Corp. | (5,454 | ) | (968,030 | ) | 67.4 | |||||||
Liberty Media Corp-Liberty SiriusXM | (7,271 | ) | (335,920 | ) | 23.4 | |||||||
Littelfuse, Inc. | (1,057 | ) | (281,151 | ) | 19.6 | |||||||
Loews Corp. | (12,484 | ) | (669,517 | ) | 46.6 | |||||||
Madison Square Garden Co. | (1,007 | ) | (163,879 | ) | 11.4 | |||||||
Mattel, Inc. | (1,566 | ) | (34,014 | ) | 2.4 | |||||||
McKesson Corp. | (1,739 | ) | (354,460 | ) | 24.7 | |||||||
Mid-America Apartment Communities, Inc. | (1,846 | ) | (356,463 | ) | 24.8 | |||||||
Morgan Stanley | (10,374 | ) | (995,697 | ) | 69.3 | |||||||
Mosaic Co. | (358 | ) | (11,180 | ) | 0.8 | |||||||
New Residential Investment Corp. | (24,178 | ) | (235,977 | ) | 16.4 | |||||||
NortonLifeLock Inc. | (952 | ) | (23,629 | ) | 1.7 | |||||||
PG&E Corp. | (62,866 | ) | (552,592 | ) | 38.5 | |||||||
Polaris, Inc. | (4,082 | ) | (535,028 | ) | 37.3 | |||||||
Procore Technologies, Inc. | (275 | ) | (28,402 | ) | 2.0 | |||||||
Ryman Hospitality Properties, Inc. | (5,574 | ) | (427,526 | ) | 29.8 | |||||||
SentinelOne, Inc., Class A | (51,783 | ) | (2,553,420 | ) | 177.8 | |||||||
SLM Corp. | (36,527 | ) | (687,803 | ) | 47.9 | |||||||
SoFi Technologies, Inc. | (25,817 | ) | (398,615 | ) | 27.8 | |||||||
SYNNEX Corp. | (5,919 | ) | (707,557 | ) | 49.3 | |||||||
Teleflex, Inc. | (2,031 | ) | (807,180 | ) | 56.2 | |||||||
UFP Industries, Inc. | (165 | ) | (12,253 | ) | 0.9 | |||||||
Vertiv Holdings Co. | (4,150 | ) | (116,366 | ) | 8.1 | |||||||
Vistra Energy Corp. | (43,070 | ) | (824,791 | ) | 57.4 | |||||||
Westinghouse Air Brake Technologies Corp. | (5,456 | ) | (463,051 | ) | 32.3 | |||||||
Wynn Resorts Ltd. | (12,911 | ) | (1,269,539 | ) | 88.4 | |||||||
|
|
|
| |||||||||
(28,494,939 | ) | |||||||||||
|
| |||||||||||
Total Reference Entity — Short | (105,805,871 | ) | ||||||||||
|
| |||||||||||
Net Value of Reference Entity — Bank of America N.A. |
| $ | (1,435,976 | ) | ||||||||
|
|
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with Bank of America N.A. as of period end, termination date February 15, 2023:
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Long | ||||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
AUB Group Ltd. | 16,612 | $ | 281,186 | 65.1 | % | |||||||
Austal Ltd. | 85,053 | 135,073 | 31.3 | |||||||||
Centuria Office REIT | 81,430 | 147,360 | 34.1 | |||||||||
Charter Hall Education Trust | 68,142 | 172,667 | 39.9 | |||||||||
Clinuvel Pharmaceuticals Ltd. | 8,106 | 166,015 | 38.4 | |||||||||
Jumbo Interactive Ltd. | 5,258 | 63,987 | 14.8 | |||||||||
Nanosonics Ltd. | 59,805 | 234,094 | 54.2 | |||||||||
Netwealth Group Ltd. | 8,076 | 92,692 | 21.4 | |||||||||
Rural Funds Group | 164,221 | 309,080 | 71.5 | |||||||||
Technology One Ltd. | 22,096 | 153,582 | 35.5 | |||||||||
|
|
|
| |||||||||
1,755,736 | ||||||||||||
Belgium | ||||||||||||
Barco NV | 13,800 | 344,749 | 79.8 | |||||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Canada Goose Holdings, Inc. | 33,402 | 1,417,898 | 328.0 | |||||||||
First National Financial Corp. | 13,782 | 509,368 | 117.8 | |||||||||
Freehold Royalties Ltd. | 48,019 | 336,010 | 77.7 | |||||||||
Killam Apartment Real Estate Investment Trust | 10,095 | 167,495 | 38.7 | |||||||||
Laurentian Bank of Canada | 12,505 | 424,986 | 98.3 | |||||||||
Morguard Corp. | 2,428 | 268,411 | 62.1 | |||||||||
NorthWest Healthcare Properties Real Estate Investment Trust | 14,234 | 148,889 | 34.4 | |||||||||
PrairieSky Royalty Ltd. | 130,193 | 1,458,879 | 337.5 | |||||||||
Real Matters Inc. | 47,171 | 482,826 | 111.7 | |||||||||
Sandstorm Gold Ltd. | 129,401 | 1,018,530 | 235.6 | |||||||||
Savaria Corp. | 71,617 | 1,207,202 | 279.3 | |||||||||
Topaz Energy Corp. | 8,496 | 108,754 | 25.2 | |||||||||
|
|
|
| |||||||||
7,549,248 | ||||||||||||
Denmark | ||||||||||||
cBrain A/S | 863 | 45,689 | 10.5 | |||||||||
Chemometec AS | 464 | 74,281 | 17.2 | |||||||||
Dfds AS | 7,905 | 436,614 | 101.0 | |||||||||
Nilfisk Holding A/S | 6,357 | 223,524 | 51.7 | |||||||||
Topdanmark AS | 28,207 | 1,436,393 | 332.3 | |||||||||
|
|
|
| |||||||||
2,216,501 | ||||||||||||
Faeroe Islands | ||||||||||||
Bakkafrost P/F | 9,116 | 774,699 | 179.2 | |||||||||
|
|
|
| |||||||||
Finland | ||||||||||||
Cargotec Oyj | 1,618 | 86,976 | 20.1 | |||||||||
|
|
|
| |||||||||
France | ||||||||||||
Aubay | 1,505 | 86,766 | 20.1 | |||||||||
Eutelsat Communications SA | 62,868 | 684,071 | 158.2 | |||||||||
ID Logistics Group | 67 | 21,457 | 4.9 | |||||||||
Interparfums SA | 9,746 | 715,815 | 165.6 | |||||||||
Lagardere SCA | 3,268 | 91,152 | 21.1 | |||||||||
Manitou BF SA | 6,350 | 208,655 | 48.3 | |||||||||
SMCP SA | 3,718 | 23,341 | 5.4 | |||||||||
|
|
|
| |||||||||
1,831,257 |
SCHEDULE OF INVESTMENTS | 9 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Germany | ||||||||||||
Adesso SE | 233 | $ | 42,788 | 9.9 | % | |||||||
Borussia Dortmund GmbH & Co. KGaA | 7,355 | 53,419 | 12.3 | |||||||||
Dermapharm Holding SE | 5,097 | 407,726 | 94.3 | |||||||||
Deutsche Beteiligungs AG | 1,464 | 64,717 | 15.0 | |||||||||
Duerr AG | 3,728 | 178,134 | 41.2 | |||||||||
JOST Werke AG | 7,387 | 451,285 | 104.4 | |||||||||
Kloeckner & Co. SE | 8,735 | 132,882 | 30.7 | |||||||||
LPKF Laser & Electronics AG | 5,165 | 132,772 | 30.7 | |||||||||
MLP SE | 15,142 | 123,939 | 28.7 | |||||||||
Software AG | 9,659 | 466,780 | 108.0 | |||||||||
Steico SE | 1,198 | 165,287 | 38.2 | |||||||||
STO SE & Co. KGaA | 1,176 | 298,536 | 69.1 | |||||||||
Stroeer SE & Co. KGaA | 5,892 | 466,030 | 107.8 | |||||||||
zooplus AG | 948 | 322,750 | 74.7 | |||||||||
|
|
|
| |||||||||
3,307,045 | ||||||||||||
Hong Kong | ||||||||||||
Health & Happiness H&H International Holdings Ltd. | 36,500 | 131,042 | 30.3 | |||||||||
Texhong Textile Group Ltd. | 71,500 | 104,541 | 24.2 | |||||||||
|
|
|
| |||||||||
235,583 | ||||||||||||
Ireland | ||||||||||||
Dole PLC | 867 | 12,578 | 2.9 | |||||||||
|
|
|
| |||||||||
Isle of Man | ||||||||||||
Strix Group PLC | 19,078 | 90,295 | 20.9 | |||||||||
|
|
|
| |||||||||
Israel | ||||||||||||
AudioCodes Ltd. | 2,995 | 96,778 | 22.4 | |||||||||
Danel Adir Yeoshua Ltd. | 557 | 118,811 | 27.5 | |||||||||
One Software Technologies Ltd. | 5,171 | 78,960 | 18.3 | |||||||||
Summit Real Estate Holdings Ltd. | 10,607 | 160,825 | 37.2 | |||||||||
Tower Semiconductor Ltd. | 19,549 | 527,575 | 122.0 | |||||||||
|
|
|
| |||||||||
982,949 | ||||||||||||
Italy | ||||||||||||
Arnoldo Mondadori Editore SpA | 16,895 | 39,319 | 9.1 | |||||||||
Brunello Cucinelli SpA | 2,483 | 153,816 | 35.6 | |||||||||
Carel Industries SpA | 2,158 | 51,326 | 11.9 | |||||||||
Danieli & C Officine Meccaniche SpA | 7,010 | 207,765 | 48.0 | |||||||||
Datalogic SpA | 1,621 | 37,988 | 8.8 | |||||||||
Salvatore Ferragamo SpA | 54,267 | 1,082,381 | 250.4 | |||||||||
Tod’s SpA | 945 | 59,335 | 13.7 | |||||||||
|
|
|
| |||||||||
1,631,930 | ||||||||||||
Japan | ||||||||||||
Adastria Co. Ltd. | 35,700 | 615,785 | 142.4 | |||||||||
Aichi Steel Corp. | 5,400 | 143,226 | 33.1 | |||||||||
Anicom Holdings Inc. | 47,700 | 376,432 | 87.1 | |||||||||
AOKI Holdings Inc. | 58,000 | 347,052 | 80.3 | |||||||||
Aruhi Corp. | 7,500 | 94,884 | 21.9 | |||||||||
Asahi Holdings Inc. | 35,100 | 694,124 | 160.6 | |||||||||
Cawachi Ltd. | 25,600 | 517,571 | 119.7 | |||||||||
Central Glass Co. Ltd. | 1,300 | 26,282 | 6.1 | |||||||||
Chubu Shiryo Co. Ltd. | 5,500 | 57,459 | 13.3 | |||||||||
CI Takiron Corp. | 18,300 | 100,181 | 23.2 | |||||||||
Citizen Watch Co. Ltd. | 34,900 | 136,523 | 31.6 | |||||||||
Comture Corp. | 12,200 | 262,587 | 60.7 | |||||||||
CONEXIO Corp. | 2,200 | 32,123 | 7.4 | |||||||||
Create SD Holdings Co. Ltd. | 2,900 | 97,339 | 22.5 | |||||||||
Daiken Corp. | 1,900 | 38,476 | 8.9 |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 9,100 | $ | 191,967 | 44.4 | % | |||||||
DCM Holdings Co. Ltd. | 63,800 | 628,795 | 145.5 | |||||||||
Doshisha Co. Ltd. | 27,300 | 429,816 | 99.4 | |||||||||
EDION Corp. | 46,200 | 477,643 | 110.5 | |||||||||
en-japan, Inc. | 3,600 | 125,714 | 29.1 | |||||||||
Fujikura Ltd. | 8,900 | 45,556 | 10.5 | |||||||||
Giken Ltd. | 5,000 | 205,140 | 47.5 | |||||||||
Glory Ltd. | 67,100 | 1,441,789 | 333.5 | |||||||||
GMO Financial Holdings, Inc. | 7,100 | 53,834 | 12.5 | |||||||||
Goldcrest Co. Ltd. | 40,400 | 598,070 | 138.3 | |||||||||
Hibiya Engineering Ltd. | 2,300 | 39,358 | 9.1 | |||||||||
Inaba Denki Sangyo Co. Ltd. | 2,400 | 58,568 | 13.5 | |||||||||
Insource Co. Ltd. | 1,300 | 23,569 | 5.5 | |||||||||
Internet Initiative Japan, Inc. | 8,900 | 282,599 | 65.4 | |||||||||
Japan Lifeline Co. Ltd. | 36,900 | 464,504 | 107.5 | |||||||||
Japan Wool Textile Co. Ltd. | 89,500 | 804,978 | 186.2 | |||||||||
JINS Inc. | 5,100 | 333,994 | 77.3 | |||||||||
J-Oil Mills, Inc. | 8,400 | 141,907 | 32.8 | |||||||||
JSP Corp. | 5,200 | 76,602 | 17.7 | |||||||||
Kamei Corp. | 16,700 | 174,108 | 40.3 | |||||||||
KeePer Technical Laboratory Co. Ltd. | 1,300 | 34,678 | 8.0 | |||||||||
Komori Corp. | 15,900 | 120,534 | 27.9 | |||||||||
Konoike Transport Co. Ltd. | 3,500 | 40,464 | 9.4 | |||||||||
Kura Sushi, Inc. | 7,800 | 290,410 | 67.2 | |||||||||
Kyoei Steel Ltd. | 1,300 | 16,846 | 3.9 | |||||||||
LITALICO, Inc. | 700 | 33,640 | 7.8 | |||||||||
Makino Milling Machine Co. Ltd. | 36,000 | 1,358,247 | 314.2 | |||||||||
Mandom Corp. | 22,900 | 388,261 | 89.8 | |||||||||
Maruha Nichiro Corp. | 27,100 | 600,843 | 139.0 | |||||||||
Maxvalu Tokai Co. Ltd. | 500 | 11,448 | 2.6 | |||||||||
Meisei Industrial Co. Ltd. | 26,900 | 182,787 | 42.3 | |||||||||
Menicon Co. Ltd. | 11,000 | 804,044 | 186.0 | |||||||||
Mitsubishi Pencil Co. Ltd. | 2,800 | 36,161 | 8.4 | |||||||||
Mitsuboshi Belting Ltd. | 26,900 | 449,182 | 103.9 | |||||||||
Mitsui DM Sugar Holdings Co. Ltd. | 24,100 | 410,162 | 94.9 | |||||||||
Morita Holdings Corp. | 7,600 | 107,224 | 24.8 | |||||||||
Nextage Co. Ltd. | 5,000 | 102,837 | 23.8 | |||||||||
Nichiha Corp. | 1,800 | 47,286 | 10.9 | |||||||||
Nihon Chouzai Co. Ltd. | 6,000 | 93,851 | 21.7 | |||||||||
Nihon Nohyaku Co. Ltd. | 28,400 | 132,540 | 30.7 | |||||||||
Nippn Corp. | 14,200 | 204,151 | 47.2 | |||||||||
Nippon Light Metal Holdings Co. Ltd. | 20,780 | 365,796 | 84.6 | |||||||||
Nissan Shatai Co. Ltd. | 42,000 | 276,184 | 63.9 | |||||||||
Nitto Boseki Co. Ltd. | 4,600 | 140,737 | 32.6 | |||||||||
Nitto Kogyo Corp. | 100 | 1,650 | 0.4 | |||||||||
Nitto Kohki Co. Ltd. | 9,500 | 160,955 | 37.2 | |||||||||
NS United Kaiun Kaisha Ltd. | 19,400 | 488,700 | 113.0 | |||||||||
Oiles Corp. | 28,500 | 421,368 | 97.5 | |||||||||
Okamoto Industries Inc. | 1,400 | 52,872 | 12.2 | |||||||||
Optim Corp. | 1,200 | 22,007 | 5.1 | |||||||||
Paramount Bed Holdings Co. Ltd. | 2,600 | 46,473 | 10.7 | |||||||||
Piolax Inc. | 20,600 | 286,424 | 66.3 | |||||||||
Prestige International Inc. | 6,100 | 39,055 | 9.0 | |||||||||
Ricoh Leasing Co. Ltd. | 300 | 9,455 | 2.2 | |||||||||
Rock Field Co. Ltd. | 3,900 | 51,948 | 12.0 | |||||||||
Ryobi Ltd. | 8,000 | 105,271 | 24.4 | |||||||||
Sakai Moving Service Co. Ltd. | 1,400 | 67,541 | 15.6 | |||||||||
Samty Residential Investment Corp. | 24 | 27,855 | 6.4 | |||||||||
Senko Group Holdings Co. Ltd. | 57,000 | 576,846 | 133.4 | |||||||||
Shibuya Corp. | 10,000 | 279,924 | 64.8 |
10 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Shinnihonseiyaku Co. Ltd. | 3,500 | $ | 64,814 | 15.0 | % | |||||||
Star Asia Investment Corp. | 56 | 30,832 | 7.1 | |||||||||
Star Micronics Co. Ltd. | 15,800 | 237,728 | 55.0 | |||||||||
Starzen Co. Ltd. | 8,600 | 170,629 | 39.5 | |||||||||
Strike Co. Ltd. | 16,700 | 559,169 | 129.4 | |||||||||
Sumitomo Densetsu Co. Ltd. | 4,600 | 90,578 | 21.0 | |||||||||
Sumitomo Mitsui Construction Co. Ltd. | 47,200 | 208,457 | 48.2 | |||||||||
Sumitomo Osaka Cement Co. Ltd. | 35,300 | 1,009,451 | 233.5 | |||||||||
Sumitomo Seika Chemicals Co. Ltd. | 10,700 | 362,091 | 83.8 | |||||||||
Sun Frontier Fudousan Co. Ltd. | 20,700 | 195,327 | 45.2 | |||||||||
Takamatsu Construction Group Co. Ltd. | 35,100 | 647,332 | 149.7 | |||||||||
Takeuchi Manufacturing Co. Ltd. | 21,000 | 523,569 | 121.1 | |||||||||
Toho Titanium Co. Ltd. | 38,500 | 419,540 | 97.1 | |||||||||
Topcon Corp. | 23,000 | 324,350 | 75.0 | |||||||||
Toyo Ink SC Holdings Co. Ltd. | 12,900 | 236,234 | 54.6 | |||||||||
TPR Co. Ltd. | 42,300 | 592,567 | 137.1 | |||||||||
Tsukishima Kikai Co. Ltd. | 900 | 9,548 | 2.2 | |||||||||
Tsurumi Manufacturing Co. Ltd. | 700 | 11,392 | 2.6 | |||||||||
UACJ Corp. | 3,800 | 100,300 | 23.2 | |||||||||
United Arrows Ltd. | 26,600 | 462,394 | 107.0 | |||||||||
Uzabase Inc. | 1,300 | 27,289 | 6.3 | |||||||||
Valor Holdings Co. Ltd. | 4,400 | 93,442 | 21.6 | |||||||||
Xebio Holdings Co. Ltd. | 28,600 | 262,227 | 60.7 | |||||||||
|
|
|
| |||||||||
25,664,472 | ||||||||||||
Netherlands | ||||||||||||
AMG Advanced Metallurgical Group NV | 960 | 30,027 | 7.0 | |||||||||
Meltwater Holding BV | 2 | 9 | 0.0 | |||||||||
|
|
|
| |||||||||
30,036 | ||||||||||||
Norway | ||||||||||||
Elkem ASA | 37,381 | 138,348 | 32.0 | |||||||||
Golden Ocean Group Ltd. | 3,844 | 37,876 | 8.7 | |||||||||
Kahoot! AS | 64,596 | 287,479 | 66.5 | |||||||||
Ocean Yield ASA | 26,480 | 88,479 | 20.5 | |||||||||
Pexip Holding ASA | 13,078 | 107,596 | 24.9 | |||||||||
Protector Forsikring ASA | 593 | 6,089 | 1.4 | |||||||||
Selvaag Bolig ASA | 15,023 | 99,476 | 23.0 | |||||||||
Sparebank 1 Oestlandet | 11,845 | 164,641 | 38.1 | |||||||||
|
|
|
| |||||||||
929,984 | ||||||||||||
Singapore | ||||||||||||
Nanofilm Technologies International Ltd. | 62,900 | 286,972 | 66.4 | |||||||||
|
|
|
| |||||||||
Spain | ||||||||||||
Almirall SA | 7,896 | 125,285 | 29.0 | |||||||||
Befesa SA | 790 | 62,028 | 14.4 | |||||||||
Indra Sistemas SA | 7,941 | 83,130 | 19.2 | |||||||||
Laboratorios Farmaceuticos Rovi SA | 13,747 | 970,289 | 224.5 | |||||||||
Miquel y Costas & Miquel SA | 567 | 11,017 | 2.5 | |||||||||
Viscofan SA | 6,493 | 450,890 | 104.3 | |||||||||
|
|
|
| |||||||||
1,702,639 | ||||||||||||
Sweden | ||||||||||||
AcadeMedia AB | 5,552 | 53,853 | 12.4 | |||||||||
Arjo AB | 6,737 | 85,100 | 19.7 | |||||||||
Cibus Nordic Real Estate AB | 14,372 | 391,650 | 90.6 | |||||||||
Corem Property Group AB | 20,916 | 53,089 | 12.3 | |||||||||
Fortnox AB | 1,144 | 61,370 | 14.2 | |||||||||
Hexatronic Group AB | 41 | 834 | 0.2 | |||||||||
Investment AB Oresund | 658 | 13,361 | 3.1 | |||||||||
INVISIO AB | 3,245 | 67,249 | 15.5 |
Security | Shares | Value | % of Basket Value | |||||||||
Sweden (continued) | ||||||||||||
Sagax AB | 6,312 | $ | 25,124 | 5.8 | % | |||||||
Troax Group AB | 19,257 | 696,826 | 161.2 | |||||||||
Vitrolife AB | 7,298 | 415,750 | 96.2 | |||||||||
|
|
|
| |||||||||
1,864,206 | ||||||||||||
Switzerland | ||||||||||||
Autoneum Holding AG | 1,363 | 261,719 | 60.6 | |||||||||
Bachem Holding AG | 350 | 231,736 | 53.6 | |||||||||
Inficon Holding AG | 304 | 366,244 | 84.7 | |||||||||
Medacta Group SA | 1,677 | 238,077 | 55.1 | |||||||||
Rieter Holding AG | 559 | 131,450 | 30.4 | |||||||||
Sensirion Holding AG | 2,605 | 253,868 | 58.7 | |||||||||
|
|
|
| |||||||||
1,483,094 | ||||||||||||
United Kingdom | ||||||||||||
888 Holdings PLC | 82,575 | 426,428 | 98.6 | |||||||||
Abcam PLC | 15,182 | 286,579 | 66.3 | |||||||||
AJ Bell PLC | 17,799 | 104,059 | 24.1 | |||||||||
Clipper Logistics PLC | 28,938 | 339,489 | 78.5 | |||||||||
Craneware PLC | 7,198 | 221,616 | 51.3 | |||||||||
CVS Group PLC | 13,925 | 465,004 | 107.6 | |||||||||
Ergomed PLC | 231 | 3,949 | 0.9 | |||||||||
Forterra PLC | 86,188 | 361,800 | 83.7 | |||||||||
Gamesys Group plc | 15,169 | 388,403 | 89.8 | |||||||||
GAN Ltd. | 7,438 | 113,801 | 26.3 | |||||||||
Genus PLC | 12,548 | 961,497 | 222.4 | |||||||||
Hunting PLC | 22,939 | 66,891 | 15.5 | |||||||||
Ibstock PLC | 25,824 | 76,816 | 17.8 | |||||||||
Johnson Service Group PLC | 115,466 | 249,735 | 57.8 | |||||||||
Luceco PLC | 17,142 | 92,450 | 21.4 | |||||||||
Luxfer Holdings PLC | 5,367 | 111,902 | 25.9 | |||||||||
Marshalls PLC | 7,589 | 77,058 | 17.8 | |||||||||
Moneysupermarket.com Group PLC | 188,004 | 663,528 | 153.5 | |||||||||
Ninety One PLC | 121,861 | 385,525 | 89.2 | |||||||||
Rathbone Brothers PLC | 910 | 23,709 | 5.5 | |||||||||
Sabre Insurance Group PLC | 18,221 | 58,886 | 13.6 | |||||||||
SThree PLC | 12,410 | 86,358 | 20.0 | |||||||||
TI Fluid Systems PLC | 4,328 | 18,640 | 4.3 | |||||||||
Victrex PLC | 19,149 | 706,171 | 163.3 | |||||||||
Virgin Money UK PLC | 90,436 | 251,100 | 58.1 | |||||||||
|
|
|
| |||||||||
6,541,394 | ||||||||||||
United States | ||||||||||||
1-800-Flowers.com, Inc., Class A | 2,593 | 79,086 | 18.3 | |||||||||
Aaron’s Co., Inc. | 15,214 | 439,228 | 101.6 | |||||||||
Academy Sports & Outdoors, Inc. | 3,473 | 128,675 | 29.8 | |||||||||
Accel Entertainment, Inc. | 18,273 | 202,099 | 46.7 | |||||||||
ACCO Brands Corp. | 36,644 | 327,597 | 75.8 | |||||||||
ACM Research, Inc., Class A | 1,526 | 141,704 | 32.8 | |||||||||
AeroVironment, Inc. | 607 | 61,368 | 14.2 | |||||||||
Akouos, Inc. | 17,627 | 191,605 | 44.3 | |||||||||
Amerant Bancorp, Inc. | 3,338 | 73,937 | 17.1 | |||||||||
American Axle & Manufacturing Holdings, Inc. | 2,771 | 26,851 | 6.2 | |||||||||
American Woodmark Corp. | 9,117 | 676,937 | 156.6 | |||||||||
Assetmark Financial Holdings, Inc. | 20,715 | 540,661 | 125.1 | |||||||||
Avrobio, Inc. | 8,070 | 59,395 | 13.7 | |||||||||
AZZ, Inc. | 10,931 | 579,234 | 134.0 | |||||||||
Bank of Marin Bancorp | 18,704 | 649,029 | 150.1 | |||||||||
Black Diamond Therapeutics, Inc. | 5,869 | 56,108 | 13.0 | |||||||||
Blucora, Inc. | 11,408 | 192,339 | 44.5 | |||||||||
Bottomline Technologies DE, Inc. | 8,876 | 358,235 | 82.9 | |||||||||
Brigham Minerals, Inc., Class A | 9,705 | 190,606 | 44.1 |
SCHEDULE OF INVESTMENTS | 11 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Brightcove, Inc. | 6,932 | $ | 79,510 | 18.4 | % | |||||||
BrightView Holdings, Inc. | 6,257 | 100,300 | 23.2 | |||||||||
BRP Group, Inc., Class A | 2,622 | 71,476 | 16.5 | |||||||||
Cactus, Inc., Class A | 3,067 | 110,535 | 25.6 | |||||||||
Caesarstone Ltd. | 36,721 | 487,288 | 112.7 | |||||||||
Caleres, Inc. | 9,853 | 243,763 | 56.4 | |||||||||
Capital City Bank Group, Inc. | 13,637 | 331,925 | 76.8 | |||||||||
Castle Biosciences, Inc. | 2,093 | 146,196 | 33.8 | |||||||||
CBIZ, Inc. | 2,209 | 71,439 | 16.5 | |||||||||
CBTX, Inc. | 2,965 | 77,979 | 18.0 | |||||||||
Chatham Lodging Trust | 26,721 | 328,134 | 75.9 | |||||||||
ChemoCentryx, Inc. | 17,698 | 261,576 | 60.5 | |||||||||
Clear Channel Outdoor Holdings, Inc. | 60,611 | 161,225 | 37.3 | |||||||||
CNX Resources Corp. | 13,986 | 169,231 | 39.1 | |||||||||
Cohen & Steers, Inc. | 408 | 33,950 | 7.9 | |||||||||
Domo, Inc., Class B | 418 | 36,922 | 8.5 | |||||||||
Donegal Group, Inc., Class A | 41,837 | 647,218 | 149.7 | |||||||||
Dorman Products, Inc. | 1,515 | 153,242 | 35.4 | |||||||||
Douglas Dynamics, Inc. | 855 | 34,115 | 7.9 | |||||||||
DXP Enterprises, Inc. | 1,914 | 62,492 | 14.5 | |||||||||
Eargo, Inc. | 4,577 | 164,772 | 38.1 | |||||||||
Easterly Government Properties, Inc. | 13,267 | 301,161 | 69.7 | |||||||||
Enova International, Inc. | 12,873 | 425,968 | 98.5 | |||||||||
EnPro Industries, Inc. | 3,038 | 282,899 | 65.4 | |||||||||
EverQuote, Inc., Class A | 5,323 | 160,648 | 37.2 | |||||||||
FB Financial Corp. | 878 | 33,197 | 7.7 | |||||||||
Financial Institutions, Inc. | 2 | 59 | 0.0 | |||||||||
First Financial Corp. | 12,680 | 507,834 | 117.5 | |||||||||
First Interstate Bancsystem, Inc., Class A | 7,214 | 302,411 | 70.0 | |||||||||
Franklin Street Properties Corp. | 40,360 | 210,679 | 48.7 | |||||||||
Frequency Therapeutics, Inc. | 28,282 | 235,589 | 54.5 | |||||||||
FRP Holdings, Inc. | 4,102 | 246,653 | 57.1 | |||||||||
Gladstone Commercial Corp. | 5,607 | 129,970 | 30.1 | |||||||||
Global Medical REIT, Inc. | 1,117 | 17,381 | 4.0 | |||||||||
GoHealth, Inc., Class A | 15,047 | 132,414 | 30.6 | |||||||||
Goosehead Insurance, Inc., Class A | 362 | 43,509 | 10.1 | |||||||||
GoPro, Inc., Class A | 19,533 | 200,018 | 46.3 | |||||||||
Graham Holdings Co., Class B | 515 | 342,300 | 79.2 | |||||||||
Greenbrier Cos., Inc. | 7,112 | 304,394 | 70.4 | |||||||||
Guess?, Inc. | 11,657 | 260,184 | 60.2 | |||||||||
Haverty Furniture Cos., Inc. | 674 | 24,257 | 5.6 | |||||||||
Heartland Express, Inc. | 43,401 | 739,119 | 171.0 | |||||||||
Hemisphere Media Group, Inc. | 10,091 | 128,257 | 29.7 | |||||||||
HNI Corp. | 211 | 7,870 | 1.8 | |||||||||
Hub Group, Inc., Class A | 9,659 | 640,199 | 148.1 | |||||||||
Huron Consulting Group, Inc. | 5,915 | 290,604 | 67.2 | |||||||||
ICF International, Inc. | 6,175 | 565,445 | 130.8 | |||||||||
Impinj, Inc. | 1,754 | 80,684 | 18.7 | |||||||||
Innospec, Inc. | 6,002 | 530,877 | 122.8 | |||||||||
Inovalon Holdings, Inc., Class A | 471 | 17,841 | 4.1 | |||||||||
Inter Parfums, Inc. | 1,418 | 109,002 | 25.2 | |||||||||
Interface, Inc. | 24,041 | 346,671 | 80.2 | |||||||||
J&J Snack Foods Corp. | 3,015 | 495,606 | 114.6 | |||||||||
KAR Auction Services, Inc. | 3,988 | 65,722 | 15.2 | |||||||||
Kearny Financial Corp. | 3,254 | 39,146 | 9.1 | |||||||||
Kite Realty Group Trust | 4,991 | 100,619 | 23.3 | |||||||||
Knowles Corp. | 5,523 | 110,681 | 25.6 | |||||||||
LiveRamp Holdings, Inc. | 9,382 | 375,374 | 86.8 | |||||||||
Luther Burbank Corp. | 4,439 | 57,529 | 13.3 | |||||||||
Materion Corp. | 1,484 | 105,898 | 24.5 | |||||||||
MaxLinear, Inc. | 879 | 42,394 | 9.8 | |||||||||
Media Gen, Inc. | 3,231 | — | 0.0 |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
MidWestOne Financial Group, Inc. | 2,252 | $ | 65,601 | 15.2 | % | |||||||
Mimecast Ltd. | 6,762 | 375,629 | 86.9 | |||||||||
Mitek Systems, Inc. | 10,840 | 239,672 | 55.4 | |||||||||
Moelis & Co., Class A | 12,862 | 762,073 | 176.3 | |||||||||
Moog, Inc., Class A | 1,600 | 124,592 | 28.8 | |||||||||
Movado Group, Inc. | 13,845 | 416,319 | 96.3 | |||||||||
MRC Global, Inc. | 33,470 | 306,920 | 71.0 | |||||||||
Nelnet, Inc., Class A | 4,410 | 332,073 | 76.8 | |||||||||
NetScout Systems, Inc. | 1,157 | 33,275 | 7.7 | |||||||||
NETSTREIT Corp. | 2,626 | 68,145 | 15.8 | |||||||||
NexTier Oilfield Solutions, Inc. | 37,839 | 144,545 | 33.4 | |||||||||
Nicolet Bankshares, Inc. | 2,750 | 199,072 | 46.0 | |||||||||
NOW, Inc. | 28,997 | 286,200 | 66.2 | |||||||||
ONE Gas, Inc. | 19,883 | 1,466,968 | 339.3 | |||||||||
OptimizeRx Corp. | 2,775 | 153,374 | 35.5 | |||||||||
Organogenesis Holdings, Inc. | 3,340 | 51,236 | 11.8 | |||||||||
Origin Bancorp, Inc. | 2,158 | 87,787 | 20.3 | |||||||||
OSI Systems, Inc. | 2,422 | 242,321 | 56.1 | |||||||||
Ovintiv, Inc. | 32,001 | 821,146 | 190.0 | |||||||||
PBF Energy, Inc., Class A | 12,313 | 112,910 | 26.1 | |||||||||
Peoples Bancorp, Inc. | 28,240 | 832,798 | 192.6 | |||||||||
Perdoceo Education Corp. | 15,550 | 184,423 | 42.7 | |||||||||
Photronics, Inc. | 18,720 | 250,286 | 57.9 | |||||||||
Ping Identity Holding Corp. | 5,751 | 126,925 | 29.4 | |||||||||
Plains GP Holdings LP, Class A | 8,385 | 87,959 | 20.3 | |||||||||
PRA Group, Inc. | 4,870 | 188,907 | 43.7 | |||||||||
Progress Software Corp. | 16,636 | 758,435 | 175.4 | |||||||||
PTC Therapeutics, Inc. | 684 | 26,218 | 6.1 | |||||||||
QuinStreet, Inc. | 4,821 | 88,417 | 20.5 | |||||||||
Quotient Technology, Inc. | 36,240 | 393,566 | 91.0 | |||||||||
RPT Realty | 18,253 | 232,543 | 53.8 | |||||||||
Rush Enterprises, Inc., Class B | 2,894 | 126,989 | 29.4 | |||||||||
Rush Street Interactive, Inc. | 11,649 | 114,743 | 26.5 | |||||||||
Schneider National, Inc., Class B | 11,871 | 266,385 | 61.6 | |||||||||
Shenandoah Telecommunications Co. | 11,259 | 594,363 | 137.5 | |||||||||
Shutterstock, Inc. | 2,259 | 245,079 | 56.7 | |||||||||
Simpson Manufacturing Co., Inc. | 1,714 | 192,791 | 44.6 | |||||||||
Simulations Plus, Inc. | 1,923 | 90,746 | 21.0 | |||||||||
SMART Global Holdings, Inc. | 647 | 30,305 | 7.0 | |||||||||
Sorrento Therapeutics, Inc. | 3,024 | 24,827 | 5.7 | |||||||||
South Jersey Industries, Inc. | 5,064 | 127,461 | 29.5 | |||||||||
Southwest Gas Holdings, Inc. | 7,715 | 539,510 | 124.8 | |||||||||
Steelcase, Inc., Class A | 48,201 | 662,764 | 153.3 | |||||||||
Stride, Inc. | 4,338 | 133,003 | 30.8 | |||||||||
Tactile Systems Technology, Inc. | 4,940 | 241,961 | 56.0 | |||||||||
Taysha Gene Therapies, Inc. | 2,004 | 34,649 | 8.0 | |||||||||
TechTarget, Inc. | 4,328 | 316,290 | 73.2 | |||||||||
Terreno Realty Corp. | 2,498 | 170,763 | 39.5 | |||||||||
Trico Bancshares | 16,800 | 662,424 | 153.2 | |||||||||
TriState Capital Holdings, Inc. | 6,570 | 133,437 | 30.9 | |||||||||
Tronox Holdings PLC, Class A | 16,412 | 302,473 | 70.0 | |||||||||
TrueCar, Inc. | 13,658 | 71,841 | 16.6 | |||||||||
UMH Properties, Inc. | 2,371 | 55,197 | 12.8 | |||||||||
United Bankshares, Inc. | 7,314 | 252,626 | 58.4 | |||||||||
United States Cellular Corp. | 25,803 | 938,197 | 217.0 | |||||||||
Universal Electronics, Inc. | 5,623 | 262,819 | 60.8 | |||||||||
Universal Health Realty Income Trust | 1,715 | 102,471 | 23.7 | |||||||||
Urban Outfitters, Inc. | 1,120 | 41,642 | 9.6 | |||||||||
Varex Imaging Corp. | 16,187 | 441,905 | 102.2 | |||||||||
Verint Systems, Inc. | 859 | 36,654 | 8.5 | |||||||||
ViaSat, Inc. | 2,193 | 108,861 | 25.2 | |||||||||
Victory Capital Holdings Inc., Class A | 34,974 | 1,066,357 | 246.7 |
12 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Waterstone Financial, Inc. | 12,269 | $ | 242,067 | 56.0 | % | |||||||
Watts Water Technologies, Inc., Class A | 625 | 94,225 | 21.8 | |||||||||
WD-40 Co. | 2,191 | 532,391 | 123.2 | |||||||||
Willdan Group, Inc. | 646 | 26,648 | 6.2 | |||||||||
Zuora, Inc., Class A | 21,373 | 369,539 | 85.5 | |||||||||
Zynex, Inc. | 9,572 | 132,955 | 30.8 | |||||||||
|
|
|
| |||||||||
37,006,738 | ||||||||||||
|
| |||||||||||
Total Reference Entity — Long | 96,329,081 | |||||||||||
|
| |||||||||||
Reference Entity — Short | ||||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
G8 Education Ltd. | (1 | ) | (1 | ) | (0.0 | ) | ||||||
OceanaGold Corp. | (238,447 | ) | (464,432 | ) | (107.4 | ) | ||||||
|
|
|
| |||||||||
(464,433 | ) | |||||||||||
Austria | ||||||||||||
CA Immobilien Anlagen AG | (804 | ) | (35,394 | ) | (8.2 | ) | ||||||
DO & Co. AG | (488 | ) | (39,861 | ) | (9.2 | ) | ||||||
FACC AG | (2,603 | ) | (26,845 | ) | (6.2 | ) | ||||||
Zumtobel Group AG | (327 | ) | (3,468 | ) | (0.8 | ) | ||||||
|
|
|
| |||||||||
(105,568 | ) | |||||||||||
Belgium | ||||||||||||
Befimmo SA | (6,357 | ) | (269,435 | ) | (62.3 | ) | ||||||
D’ieteren Group | (274 | ) | (43,917 | ) | (10.2 | ) | ||||||
Ontex Group NV | (4,280 | ) | (47,608 | ) | (11.0 | ) | ||||||
|
|
|
| |||||||||
(360,960 | ) | |||||||||||
Canada | ||||||||||||
AirBoss of America Corp. | (1,166 | ) | (34,692 | ) | (8.0 | ) | ||||||
Canaccord Genuity Group, Inc. | (8,639 | ) | (94,173 | ) | (21.8 | ) | ||||||
GDI Integrated Facility Services, Inc. | (3,935 | ) | (181,674 | ) | (42.0 | ) | ||||||
goeasy Ltd. | (362 | ) | (49,617 | ) | (11.5 | ) | ||||||
Home Capital Group, Inc. | (2,368 | ) | (73,739 | ) | (17.1 | ) | ||||||
K92 Mining, Inc. | (28,144 | ) | (203,027 | ) | (47.0 | ) | ||||||
Labrador Iron Ore Royalty Corp. | (12,575 | ) | (500,037 | ) | (115.7 | ) | ||||||
Largo Resources Ltd. | (1,719 | ) | (28,108 | ) | (6.5 | ) | ||||||
LifeWorks, Inc. | (16,770 | ) | (477,050 | ) | (110.4 | ) | ||||||
Lundin Gold, Inc. | (59,818 | ) | (542,274 | ) | (125.4 | ) | ||||||
North West Co., Inc. | (32,225 | ) | (939,164 | ) | (217.2 | ) | ||||||
Russel Metals, Inc. | (1,571 | ) | (44,325 | ) | (10.2 | ) | ||||||
Seabridge Gold, Inc. | (29,609 | ) | (536,123 | ) | (124.0 | ) | ||||||
Silvercorp Metals, Inc. | (10,855 | ) | (53,944 | ) | (12.5 | ) | ||||||
Sleep Country Canada Holdings, Inc. | (31,621 | ) | (745,410 | ) | (172.4 | ) | ||||||
Sprott Physical Uranium Trust | (2,759 | ) | (25,542 | ) | (5.9 | ) | ||||||
Torex Gold Resources, Inc. | (86,466 | ) | (972,361 | ) | (224.9 | ) | ||||||
Trisura Group Ltd. | (910 | ) | (33,990 | ) | (7.9 | ) | ||||||
Victoria Gold Corp. | (6,993 | ) | (105,377 | ) | (24.4 | ) | ||||||
|
|
|
| |||||||||
(5,640,627 | ) | |||||||||||
Chile | ||||||||||||
Liberty Latin America Ltd., Class C | (1,965 | ) | (27,176 | ) | (6.3 | ) | ||||||
|
|
|
| |||||||||
Denmark | ||||||||||||
Ringkjoebing Landbobank A/S | (23,674 | ) | (2,687,911 | ) | (621.8 | ) | ||||||
|
|
|
| |||||||||
Egypt | ||||||||||||
Energean PLC | (87,841 | ) | (791,202 | ) | (183.0 | ) | ||||||
|
|
|
| |||||||||
Finland | ||||||||||||
Oriola OYJ, Class B | (172 | ) | (397 | ) | (0.1 | ) | ||||||
Sanoma OYJ | (8,761 | ) | (162,542 | ) | (37.6 | ) | ||||||
|
|
|
| |||||||||
(162,939 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
France | ||||||||||||
Kaufman & Broad SA | (1,939 | ) | $ | (86,035 | ) | (19.9 | )% | |||||
Nacon SA | (1,867 | ) | (11,022 | ) | (2.6 | ) | ||||||
Nexity SA | (10,856 | ) | (546,862 | ) | (126.5 | ) | ||||||
|
|
|
| |||||||||
(643,919 | ) | |||||||||||
Germany | ||||||||||||
CECONOMY AG | (75,834 | ) | (363,816 | ) | (84.2 | ) | ||||||
Instone Real Estate Group AG | (10,769 | ) | (333,420 | ) | (77.1 | ) | ||||||
Krones AG | (2,912 | ) | (287,107 | ) | (66.4 | ) | ||||||
Medios AG | (22 | ) | (889 | ) | (0.2 | ) | ||||||
Sixt SE | (2,583 | ) | (359,361 | ) | (83.1 | ) | ||||||
Suedzucker AG | (2,517 | ) | (37,887 | ) | (8.8 | ) | ||||||
TBC Bank Group PLC | (2,238 | ) | (37,765 | ) | (8.7 | ) | ||||||
|
|
|
| |||||||||
(1,420,245 | ) | |||||||||||
Ghana | ||||||||||||
Kosmos Energy Ltd. | (12,968 | ) | (29,956 | ) | (6.9 | ) | ||||||
|
|
|
| |||||||||
Ireland | ||||||||||||
Keywords Studios PLC | (11,032 | ) | (449,607 | ) | (104.0 | ) | ||||||
|
|
|
| |||||||||
Israel | ||||||||||||
Cellcom Israel Ltd. | (59,030 | ) | (222,094 | ) | (51.4 | ) | ||||||
Electreon Wireless Ltd. | (1,233 | ) | (64,719 | ) | (15.0 | ) | ||||||
Gilat Satellite Networks Ltd. | (5,197 | ) | (53,621 | ) | (12.4 | ) | ||||||
Malam - Team Ltd. | (5,395 | ) | (179,744 | ) | (41.6 | ) | ||||||
Naphtha Israel Petroleum Corp. Ltd. | (30,252 | ) | (139,261 | ) | (32.2 | ) | ||||||
Property & Building Corp. Ltd. | (349 | ) | (43,299 | ) | (10.0 | ) | ||||||
Tremor International Ltd. | (9,207 | ) | (100,590 | ) | (23.2 | ) | ||||||
|
|
|
| |||||||||
(803,328 | ) | |||||||||||
Japan | ||||||||||||
Aeon Delight Co. Ltd. | (21,400 | ) | (704,107 | ) | (162.9 | ) | ||||||
Aeon Hokkaido Corp. | (15,400 | ) | (145,357 | ) | (33.6 | ) | ||||||
Aiful Corp. | (202,200 | ) | (635,528 | ) | (147.0 | ) | ||||||
Alpha Systems, Inc. | (900 | ) | (32,971 | ) | (7.6 | ) | ||||||
Aomori Bank Ltd. | (6,300 | ) | (114,105 | ) | (26.4 | ) | ||||||
Awa Bank Ltd. | (18,300 | ) | (331,227 | ) | (76.6 | ) | ||||||
Bank of Nagoya Ltd. | (24,100 | ) | (543,803 | ) | (125.8 | ) | ||||||
Bank of Okinawa Ltd. | (10,600 | ) | (239,086 | ) | (55.3 | ) | ||||||
BML, Inc. | (15,700 | ) | (542,241 | ) | (125.4 | ) | ||||||
Bunka Shutter Co. Ltd. | (26,700 | ) | (287,319 | ) | (66.5 | ) | ||||||
cocokara fine, Inc. | (2,700 | ) | (201,573 | ) | (46.6 | ) | ||||||
Daihen Corp. | (1,700 | ) | (76,241 | ) | (17.6 | ) | ||||||
Daiho Corp. | (9,900 | ) | (384,196 | ) | (88.9 | ) | ||||||
Daiseki Co. Ltd. | (5,800 | ) | (268,454 | ) | (62.1 | ) | ||||||
Daishi Hokuetsu Financial Group, Inc. | (5,100 | ) | (112,734 | ) | (26.1 | ) | ||||||
Descente Ltd. | (6,600 | ) | (179,609 | ) | (41.6 | ) | ||||||
Digital Garage, Inc. | (1,800 | ) | (74,717 | ) | (17.3 | ) | ||||||
Eagle Industry Co. Ltd. | (16,800 | ) | (198,634 | ) | (46.0 | ) | ||||||
EM Systems Co. Ltd. | (61,400 | ) | (458,961 | ) | (106.2 | ) | ||||||
Enplas Corp. | (800 | ) | (24,266 | ) | (5.6 | ) | ||||||
ESPEC Corp. | (11,000 | ) | (231,047 | ) | (53.5 | ) | ||||||
Ferrotec Holdings Corp. | (1,300 | ) | (34,211 | ) | (7.9 | ) | ||||||
Fuji Co. Ltd/Ehime | (24,100 | ) | (428,649 | ) | (99.2 | ) | ||||||
Fuji Corp/Aichi | (2,000 | ) | (47,065 | ) | (10.9 | ) | ||||||
Fujitec Co. Ltd. | (41,800 | ) | (928,665 | ) | (214.8 | ) | ||||||
Fukushima Galilei Co. Ltd. | (5,800 | ) | (239,241 | ) | (55.3 | ) | ||||||
Futaba Industrial Co. Ltd. | (12,500 | ) | (64,958 | ) | (15.0 | ) | ||||||
Hioki EE Corp. | (2,000 | ) | (139,496 | ) | (32.3 | ) | ||||||
Hitachi Zosen Corp. | (25,700 | ) | (185,683 | ) | (43.0 | ) | ||||||
Hokkoku Bank Ltd. | (6,200 | ) | (115,381 | ) | (26.7 | ) | ||||||
Hoshino Resorts REIT, Inc. | (24 | ) | (152,657 | ) | (35.3 | ) | ||||||
Ichikoh Industries Ltd. | (30,600 | ) | (205,413 | ) | (47.5 | ) |
SCHEDULE OF INVESTMENTS | 13 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Itochu-Shokuhin Co. Ltd. | (2,700 | ) | $ | (127,256 | ) | (29.4 | )% | |||||
Jaccs Co. Ltd. | (23,000 | ) | (534,886 | ) | (123.7 | ) | ||||||
Japan Investment Adviser Co. Ltd. | (9,300 | ) | (125,621 | ) | (29.1 | ) | ||||||
JTOWER, Inc. | (3,300 | ) | (219,322 | ) | (50.7 | ) | ||||||
Kadokawa Dwango | (1,000 | ) | (39,048 | ) | (9.0 | ) | ||||||
Kameda Seika Co. Ltd. | (1,300 | ) | (53,671 | ) | (12.4 | ) | ||||||
Kanto Denka Kogyo Co. Ltd. | (142,000 | ) | (1,365,340 | ) | (315.8 | ) | ||||||
Kappa Create Co. Ltd. | (14,600 | ) | (188,339 | ) | (43.6 | ) | ||||||
Keiyo Co. Ltd. | (163,800 | ) | (1,249,749 | ) | (289.1 | ) | ||||||
Key Coffee, Inc. | (2,000 | ) | (38,661 | ) | (9.0 | ) | ||||||
KFC Holdings Japan Ltd. | (4,300 | ) | (111,773 | ) | (25.9 | ) | ||||||
Kintetsu Department Store Co. Ltd. | (2,600 | ) | (72,997 | ) | (16.9 | ) | ||||||
Kisoji Co. Ltd. | (7,500 | ) | (161,481 | ) | (37.4 | ) | ||||||
Kiyo Bank Ltd. | (69,700 | ) | (929,972 | ) | (215.1 | ) | ||||||
Kojima Co. Ltd. | (87,900 | ) | (553,600 | ) | (128.1 | ) | ||||||
Konishi Co. Ltd. | (12,700 | ) | (188,446 | ) | (43.6 | ) | ||||||
Leopalace21 Corp. | (115,300 | ) | (157,317 | ) | (36.4 | ) | ||||||
Lifenet Insurance Co. | (5,100 | ) | (52,692 | ) | (12.2 | ) | ||||||
Maruwa Co. Ltd/Aichi | (4,900 | ) | (479,949 | ) | (111.0 | ) | ||||||
Matsuya Co. Ltd. | (99,400 | ) | (818,892 | ) | (189.4 | ) | ||||||
MCJ Co. Ltd. | (4,200 | ) | (47,485 | ) | (11.0 | ) | ||||||
Meiko Electronics Co. Ltd. | (17,200 | ) | (476,174 | ) | (110.2 | ) | ||||||
Melco Holdings, Inc. | (1,900 | ) | (102,034 | ) | (23.6 | ) | ||||||
Mie Kotsu Group Holdings, Inc. | (84,800 | ) | (371,314 | ) | (85.9 | ) | ||||||
Mirait Holdings Corp. | (4,600 | ) | (90,701 | ) | (21.0 | ) | ||||||
Mitani Sekisan Co. Ltd. | (5,500 | ) | (223,554 | ) | (51.7 | ) | ||||||
Mitsuuroko Group Holdings Co. Ltd. | (5,700 | ) | (65,390 | ) | (15.1 | ) | ||||||
Modec, Inc. | (2,100 | ) | (35,166 | ) | (8.1 | ) | ||||||
Nichiden Corp. | (5,900 | ) | (119,795 | ) | (27.7 | ) | ||||||
Nippon Ceramic Co. Ltd. | (11,700 | ) | (310,119 | ) | (71.7 | ) | ||||||
Nippon Koei Co. Ltd. | (2,200 | ) | (60,192 | ) | (13.9 | ) | ||||||
Nippon Road Co. Ltd. | (3,600 | ) | (267,115 | ) | (61.8 | ) | ||||||
Nissin Electric Co. Ltd. | (60,400 | ) | (704,166 | ) | (162.9 | ) | ||||||
Nitta Corp. | (1,200 | ) | (28,915 | ) | (6.7 | ) | ||||||
Nittoku Co. Ltd. | (17,400 | ) | (609,567 | ) | (141.0 | ) | ||||||
Noritake Co. Ltd/Nagoya Japan | (1,400 | ) | (54,042 | ) | (12.5 | ) | ||||||
Noritz Corp. | (4,300 | ) | (73,168 | ) | (16.9 | ) | ||||||
North Pacific Bank Ltd. | (271,400 | ) | (580,545 | ) | (134.3 | ) | ||||||
Okamura Corp. | (57,100 | ) | (808,743 | ) | (187.1 | ) | ||||||
Okinawa Cellular Telephone Co. | (700 | ) | (33,299 | ) | (7.7 | ) | ||||||
Osaka Organic Chemical Industry Ltd. | (2,400 | ) | (82,290 | ) | (19.0 | ) | ||||||
Pasona Group, Inc. | (1,200 | ) | (24,240 | ) | (5.6 | ) | ||||||
Pressance Corp. | (15,800 | ) | (230,666 | ) | (53.4 | ) | ||||||
Prima Meat Packers Ltd. | (11,500 | ) | (311,820 | ) | (72.1 | ) | ||||||
Qol Holdings Co. Ltd. | (24,400 | ) | (338,253 | ) | (78.3 | ) | ||||||
Ringer Hut Co. Ltd. | (15,000 | ) | (310,328 | ) | (71.8 | ) | ||||||
Rorze Corp. | (4,500 | ) | (347,257 | ) | (80.3 | ) | ||||||
RS Technologies Co. Ltd. | (3,200 | ) | (171,287 | ) | (39.6 | ) | ||||||
Saibu Gas Co. Ltd. | (4,300 | ) | (95,338 | ) | (22.1 | ) | ||||||
San-Ai Oil Co. Ltd. | (35,300 | ) | (440,142 | ) | (101.8 | ) | ||||||
Seiren Co. Ltd. | (34,400 | ) | (699,618 | ) | (161.8 | ) | ||||||
Sodick Co. Ltd. | (53,600 | ) | (500,283 | ) | (115.7 | ) | ||||||
ST Corp. | (1,400 | ) | (22,162 | ) | (5.1 | ) | ||||||
Suruga Bank Ltd. | (39,300 | ) | (118,903 | ) | (27.5 | ) | ||||||
T Hasegawa Co. Ltd. | (33,000 | ) | (768,742 | ) | (177.8 | ) | ||||||
Tachi-S Co. Ltd. | (3,400 | ) | (45,331 | ) | (10.5 | ) | ||||||
Taikisha Ltd. | (1,000 | ) | (31,586 | ) | (7.3 | ) | ||||||
Taki Chemical Co. Ltd. | (5,600 | ) | (296,212 | ) | (68.5 | ) | ||||||
Tamura Corp. | (1,100 | ) | (8,673 | ) | (2.0 | ) | ||||||
Tenma Corp. | (17,700 | ) | (415,329 | ) | (96.1 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Toei Co. Ltd. | (1,800 | ) | $ | (324,747 | ) | (75.1 | )% | |||||
Toho Bank Ltd. | (13,800 | ) | (26,091 | ) | (6.0 | ) | ||||||
Token Corp. | (3,000 | ) | (270,826 | ) | (62.7 | ) | ||||||
Tokyotokeiba Co. Ltd. | (9,800 | ) | (390,287 | ) | (90.3 | ) | ||||||
TOMONY Holdings, Inc. | (54,900 | ) | (149,548 | ) | (34.6 | ) | ||||||
Toyo Construction Co. Ltd. | (23,400 | ) | (125,305 | ) | (29.0 | ) | ||||||
Toyo Tanso Co. Ltd. | (6,200 | ) | (162,837 | ) | (37.7 | ) | ||||||
Union Tool Co. | (12,600 | ) | (465,210 | ) | (107.6 | ) | ||||||
Universal Entertainment Corp. | (3,000 | ) | (64,772 | ) | (15.0 | ) | ||||||
UT Group Co. Ltd. | (1,600 | ) | (49,952 | ) | (11.6 | ) | ||||||
V Technology Co. Ltd. | (9,900 | ) | (433,995 | ) | (100.4 | ) | ||||||
World Holdings Co. Ltd. | (6,800 | ) | (197,687 | ) | (45.7 | ) | ||||||
Yonex Co. Ltd. | (97,900 | ) | (609,198 | ) | (140.9 | ) | ||||||
Yoshinoya Holdings Co. Ltd. | (28,200 | ) | (536,393 | ) | (124.1 | ) | ||||||
Zojirushi Corp. | (4,700 | ) | (65,234 | ) | (15.1 | ) | ||||||
|
|
|
| |||||||||
(29,988,633 | ) | |||||||||||
Liechtenstein | ||||||||||||
Liechtensteinische Landesbank AG | (1,055 | ) | (62,265 | ) | (14.4 | ) | ||||||
|
|
|
| |||||||||
Malta | ||||||||||||
Media and Games Invest SE | (195 | ) | (1,300 | ) | (0.3 | ) | ||||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
Boskalis Westminster | (11,840 | ) | (372,594 | ) | (86.2 | ) | ||||||
Brack Capital Properties NV | (604 | ) | (64,502 | ) | (14.9 | ) | ||||||
NSI NV | (4,784 | ) | (193,546 | ) | (44.8 | ) | ||||||
SIF Holding NV | (672 | ) | (11,247 | ) | (2.6 | ) | ||||||
Sligro Food Group NV | (1,157 | ) | (33,582 | ) | (7.8 | ) | ||||||
|
|
|
| |||||||||
(675,471 | ) | |||||||||||
New Zealand | ||||||||||||
Goodman Property Trust | (257,739 | ) | (437,314 | ) | (101.2 | ) | ||||||
Restaurant Brands New Zealand Ltd. | (16,904 | ) | (188,432 | ) | (43.6 | ) | ||||||
Summerset Group Holdings Ltd. | (34,446 | ) | (309,878 | ) | (71.7 | ) | ||||||
Synlait Milk Ltd. | (170,039 | ) | (441,879 | ) | (102.2 | ) | ||||||
Z Energy Ltd. | (21,949 | ) | (45,098 | ) | (10.4 | ) | ||||||
|
|
|
| |||||||||
(1,422,601 | ) | |||||||||||
Norway | ||||||||||||
Aker BioMarine ASA | (18,570 | ) | (106,358 | ) | (24.6 | ) | ||||||
Aker Horizons Holding ASA | (262,237 | ) | (766,272 | ) | (177.3 | ) | ||||||
Aker Solutions ASA | (56,470 | ) | (107,411 | ) | (24.8 | ) | ||||||
Bank Norwegian ASA | (45,285 | ) | (530,492 | ) | (122.7 | ) | ||||||
Bonheur ASA | (4,293 | ) | (137,030 | ) | (31.7 | ) | ||||||
Norway Royal Salmon ASA | (6,288 | ) | (149,464 | ) | (34.6 | ) | ||||||
Sbanken ASA | (50,692 | ) | (617,387 | ) | (142.8 | ) | ||||||
SpareBank 1 SR-Bank ASA | (15,129 | ) | (198,050 | ) | (45.8 | ) | ||||||
Veidekke ASA | (15,287 | ) | (196,911 | ) | (45.6 | ) | ||||||
|
|
|
| |||||||||
(2,809,375 | ) | |||||||||||
Peru | ||||||||||||
Hochschild Mining PLC | (21,286 | ) | (45,603 | ) | (10.6 | ) | ||||||
|
|
|
| |||||||||
Singapore | ||||||||||||
Kulicke & Soffa Industries, Inc. | (3,235 | ) | (175,855 | ) | (40.7 | ) | ||||||
Parkway Life Real Estate Investment Trust | (10,800 | ) | (36,984 | ) | (8.5 | ) | ||||||
|
|
|
| |||||||||
(212,839 | ) | |||||||||||
Spain | ||||||||||||
eDreams ODIGEO SA | (59 | ) | (489 | ) | (0.1 | ) | ||||||
Grupo Catalana Occidente SA | (2 | ) | (75 | ) | (0.0 | ) | ||||||
Metrovacesa SA | (338 | ) | (2,814 | ) | (0.7 | ) | ||||||
Neinor Homes SA | (5,493 | ) | (79,946 | ) | (18.5 | ) |
14 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Spain (continued) | ||||||||||||
Prosegur Cia de Seguridad SA | (10,026 | ) | $ | (34,252 | ) | (7.9 | )% | |||||
Sacyr SA | (18,737 | ) | (45,558 | ) | (10.5 | ) | ||||||
Soltec Power Holdings SA | (5,516 | ) | (44,429 | ) | (10.3 | ) | ||||||
|
|
|
| |||||||||
(207,563 | ) | |||||||||||
Sweden | ||||||||||||
Bilia AB | (7,200 | ) | (154,490 | ) | (35.7 | ) | ||||||
Bonava AB | (18,347 | ) | (196,232 | ) | (45.4 | ) | ||||||
Bravida Holding AB | (17,388 | ) | (269,049 | ) | (62.2 | ) | ||||||
Clas Ohlson AB | (50,540 | ) | (518,412 | ) | (119.9 | ) | ||||||
Collector AB | (6,913 | ) | (28,821 | ) | (6.7 | ) | ||||||
Duni AB | (16,769 | ) | (220,901 | ) | (51.1 | ) | ||||||
Inwido AB | (11,938 | ) | (221,234 | ) | (51.2 | ) | ||||||
Karo Pharma AB | (54,989 | ) | (349,414 | ) | (80.8 | ) | ||||||
Lindab International AB | (7,564 | ) | (220,757 | ) | (51.1 | ) | ||||||
Mekonomen AB | (43,563 | ) | (696,834 | ) | (161.2 | ) | ||||||
Nolato AB | (53,868 | ) | (597,944 | ) | (138.3 | ) | ||||||
Nordnet AB PUBL | (5,490 | ) | (88,583 | ) | (20.5 | ) | ||||||
Peab AB, Class B | (5,660 | ) | (66,004 | ) | (15.3 | ) | ||||||
|
|
|
| |||||||||
(3,628,675 | ) | |||||||||||
Switzerland | ||||||||||||
Allreal Holding AG | (8,051 | ) | (1,665,571 | ) | (385.3 | ) | ||||||
ALSO Holding AG | (1,226 | ) | (377,213 | ) | (87.3 | ) | ||||||
GAM Holding AG | (49,754 | ) | (107,637 | ) | (24.9 | ) | ||||||
Implenia AG | (14,533 | ) | (386,007 | ) | (89.3 | ) | ||||||
Kardex Holding AG | (900 | ) | (242,062 | ) | (56.0 | ) | ||||||
Mobilezone Holding AG | (26,246 | ) | (315,772 | ) | (73.1 | ) | ||||||
Mobimo Holding AG | (2,252 | ) | (772,583 | ) | (178.7 | ) | ||||||
Valiant Holding AG | (280 | ) | (29,120 | ) | (6.7 | ) | ||||||
Vontobel Holding AG | (7,291 | ) | (642,867 | ) | (148.7 | ) | ||||||
Zehnder Group AG | (1 | ) | (106 | ) | (0.0 | ) | ||||||
|
|
|
| |||||||||
(4,538,938 | ) | |||||||||||
United Kingdom | ||||||||||||
AB Dynamics PLC | (2,542 | ) | (66,074 | ) | (15.3 | ) | ||||||
Avon Protection PLC | (2,403 | ) | (90,719 | ) | (21.0 | ) | ||||||
Biffa PLC | (25,765 | ) | (128,033 | ) | (29.6 | ) | ||||||
Blue Prism Group PLC | (2,260 | ) | (26,543 | ) | (6.1 | ) | ||||||
Cairn Energy PLC | (293,952 | ) | (521,206 | ) | (120.6 | ) | ||||||
Capital & Counties Properties PLC | (110,534 | ) | (262,144 | ) | (60.6 | ) | ||||||
Close Brothers Group PLC | (1,679 | ) | (36,011 | ) | (8.3 | ) | ||||||
Cranswick PLC | (13,614 | ) | (764,937 | ) | (177.0 | ) | ||||||
Crest Nicholson Holdings PLC | (99,021 | ) | (570,928 | ) | (132.1 | ) | ||||||
EMIS Group PLC | (467 | ) | (8,374 | ) | (1.9 | ) | ||||||
Equiniti Group PLC | (1,095 | ) | (2,724 | ) | (0.6 | ) | ||||||
Essentra PLC | (200,031 | ) | (788,115 | ) | (182.3 | ) | ||||||
Euromoney Institutional Investor PLC | (40,115 | ) | (566,937 | ) | (131.2 | ) | ||||||
First Derivatives PLC | (118 | ) | (3,838 | ) | (0.9 | ) | ||||||
Genuit Group PLC | (12,340 | ) | (109,548 | ) | (25.3 | ) | ||||||
Go-Ahead Group PLC | (11,368 | ) | (162,440 | ) | (37.6 | ) | ||||||
Grainger PLC | (167,021 | ) | (702,436 | ) | (162.5 | ) | ||||||
IntegraFin Holdings PLC | (64,318 | ) | (474,305 | ) | (109.7 | ) | ||||||
Lancashire Holdings Ltd. | (22,224 | ) | (196,678 | ) | (45.5 | ) | ||||||
OSB Group PLC | (52,770 | ) | (355,016 | ) | (82.1 | ) | ||||||
Serica Energy PLC | (79,276 | ) | (172,343 | ) | (39.9 | ) | ||||||
Victoria PLC | (11,389 | ) | (166,223 | ) | (38.5 | ) | ||||||
|
|
|
| |||||||||
(6,175,572 | ) | |||||||||||
United States | ||||||||||||
ABM Industries, Inc. | (15,790 | ) | (734,077 | ) | (169.8 | ) | ||||||
ADTRAN, Inc. | (15,386 | ) | (344,800 | ) | (79.8 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Alto Ingredients, Inc. | (11,701 | ) | $ | (62,015 | ) | (14.3 | )% | |||||
Ambac Financial Group, Inc. | (73,777 | ) | (1,071,242 | ) | (247.8 | ) | ||||||
Ameris Bancorp. | (24,528 | ) | (1,192,306 | ) | (275.8 | ) | ||||||
AngioDynamics, Inc. | (7,703 | ) | (205,131 | ) | (47.5 | ) | ||||||
Apollo Medical Holdings, Inc. | (6,484 | ) | (572,991 | ) | (132.5 | ) | ||||||
Ares Management Corp., Class A | (12,000 | ) | (859,320 | ) | (198.8 | ) | ||||||
Argan, Inc. | (6,005 | ) | (269,925 | ) | (62.4 | ) | ||||||
Argonaut Gold, Inc. | (89,544 | ) | (241,157 | ) | (55.8 | ) | ||||||
Asbury Automotive Group, Inc. | (318 | ) | (65,336 | ) | (15.1 | ) | ||||||
Avaya Holdings Corp. | (5,563 | ) | (134,736 | ) | (31.2 | ) | ||||||
Berkshire Hills Bancorp, Inc. | (110 | ) | (2,974 | ) | (0.7 | ) | ||||||
Bluebird Bio, Inc. | (8,525 | ) | (216,620 | ) | (50.1 | ) | ||||||
Bristow Group, Inc. | (5,534 | ) | (143,773 | ) | (33.3 | ) | ||||||
Byline Bancorp, Inc. | (14,617 | ) | (359,724 | ) | (83.2 | ) | ||||||
California Water Service Group | (9,173 | ) | (574,964 | ) | (133.0 | ) | ||||||
Cara Therapeutics, Inc. | (1,752 | ) | (20,971 | ) | (4.9 | ) | ||||||
Casella Waste Systems, Inc. | (7,982 | ) | (549,002 | ) | (127.0 | ) | ||||||
Cavco Industries, Inc. | (2,249 | ) | (528,515 | ) | (122.3 | ) | ||||||
Columbia Property Trust, Inc. | (5,415 | ) | (90,268 | ) | (20.9 | ) | ||||||
CommScope Holding Co., Inc. | (30,604 | ) | (647,581 | ) | (149.8 | ) | ||||||
ConnectOne Bancorp, Inc. | (912 | ) | (23,986 | ) | (5.5 | ) | ||||||
Consolidated Communications Holdings, Inc. | (3,911 | ) | (30,076 | ) | (7.0 | ) | ||||||
Cracker Barrel Old Country Store, Inc. | (1,315 | ) | (179,077 | ) | (41.4 | ) | ||||||
CytomX Therapeutics, Inc. | (6,964 | ) | (37,675 | ) | (8.7 | ) | ||||||
Dana, Inc. | (31,991 | ) | (772,903 | ) | (178.8 | ) | ||||||
Danimer Scientific, Inc. | (1,533 | ) | (25,570 | ) | (5.9 | ) | ||||||
Dine Brands Global, Inc. | (1,022 | ) | (79,174 | ) | (18.3 | ) | ||||||
DTE Midstream LLC | (12,050 | ) | (510,920 | ) | (118.2 | ) | ||||||
Dycom Industries, Inc. | (2,361 | ) | (163,853 | ) | (37.9 | ) | ||||||
Eagle Bancorp, Inc. | (9,735 | ) | (535,717 | ) | (123.9 | ) | ||||||
Ebix, Inc. | (8,077 | ) | (244,087 | ) | (56.5 | ) | ||||||
Edgewell Personal Care Co. | (10,529 | ) | (432,531 | ) | (100.1 | ) | ||||||
Esperion Therapeutics, Inc. | (38,025 | ) | (585,205 | ) | (135.4 | ) | ||||||
Federal Signal Corp. | (3,544 | ) | (140,378 | ) | (32.5 | ) | ||||||
First Community Bankshares, Inc. | (3,072 | ) | (89,702 | ) | (20.8 | ) | ||||||
FormFactor, Inc. | (4,984 | ) | (185,704 | ) | (43.0 | ) | ||||||
Fresh Del Monte Produce, Inc. | (1,406 | ) | (43,389 | ) | (10.0 | ) | ||||||
Glatfelter Corp. | (23,887 | ) | (363,799 | ) | (84.2 | ) | ||||||
Global Industrial Co. | (4,239 | ) | (167,525 | ) | (38.8 | ) | ||||||
Golden Entertainment, Inc. | (15,037 | ) | (684,334 | ) | (158.3 | ) | ||||||
Granite Construction, Inc. | (9,286 | ) | (356,768 | ) | (82.5 | ) | ||||||
Healthcare Services Group, Inc. | (19,035 | ) | (496,814 | ) | (114.9 | ) | ||||||
HealthStream, Inc. | (874 | ) | (25,530 | ) | (5.9 | ) | ||||||
Herc Holdings, Inc. | (4,094 | ) | (507,820 | ) | (117.5 | ) | ||||||
Hilltop Holdings, Inc. | (9,033 | ) | (286,165 | ) | (66.2 | ) | ||||||
Hovnanian Enterprises, Inc., Class A | (842 | ) | (87,896 | ) | (20.3 | ) | ||||||
InterDigital, Inc. | (5,993 | ) | (394,879 | ) | (91.3 | ) | ||||||
Intersect ENT, Inc. | (11,054 | ) | (258,111 | ) | (59.7 | ) | ||||||
Kforce, Inc. | (9,415 | ) | (587,779 | ) | (136.0 | ) | ||||||
Koppers Holdings, Inc. | (4,412 | ) | (135,493 | ) | (31.3 | ) | ||||||
Landec Corp. | (24,549 | ) | (268,566 | ) | (62.1 | ) | ||||||
Laureate Education, Inc., Class A | (71,801 | ) | (1,063,373 | ) | (246.0 | ) | ||||||
LTC Properties, Inc. | (4,465 | ) | (169,000 | ) | (39.1 | ) | ||||||
Marten Transport Ltd. | (5,311 | ) | (84,020 | ) | (19.4 | ) | ||||||
MBIA, Inc. | (3,048 | ) | (39,776 | ) | (9.2 | ) | ||||||
MEDNAX, Inc. | (9,232 | ) | (268,836 | ) | (62.2 | ) | ||||||
Meredith Corp. | (515 | ) | (22,475 | ) | (5.2 | ) | ||||||
Meridian Bioscience, Inc. | (16,955 | ) | (347,578 | ) | (80.4 | ) | ||||||
Methode Electronics, Inc. | (13,956 | ) | (667,516 | ) | (154.4 | ) | ||||||
ModivCare, Inc. | (900 | ) | (153,000 | ) | (35.4 | ) | ||||||
Mr Cooper Group, Inc. | (12,904 | ) | (479,771 | ) | (111.0 | ) |
SCHEDULE OF INVESTMENTS | 15 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Myriad Genetics, Inc. | (6,256 | ) | $ | (197,877 | ) | (45.8 | )% | |||||
Nabors Industries Ltd. | (1,204 | ) | (105,362 | ) | (24.4 | ) | ||||||
Neenah, Inc. | (21,638 | ) | (1,087,742 | ) | (251.6 | ) | ||||||
Northfield Bancorp, Inc. | (10,790 | ) | (177,496 | ) | (41.1 | ) | ||||||
NV5 Global, Inc. | (2,417 | ) | (229,615 | ) | (53.1 | ) | ||||||
Option Care Health, Inc. | (1,518 | ) | (31,453 | ) | (7.3 | ) | ||||||
Owens & Minor, Inc. | (4,521 | ) | (209,096 | ) | (48.4 | ) | ||||||
Patterson-UTI Energy, Inc. | (5,901 | ) | (47,326 | ) | (10.9 | ) | ||||||
Pilgrim’s Pride Corp. | (68,843 | ) | (1,524,873 | ) | (352.7 | ) | ||||||
Piper Sandler Cos | (8,707 | ) | (1,068,262 | ) | (247.1 | ) | ||||||
Plantronics, Inc. | (7,267 | ) | (226,658 | ) | (52.4 | ) | ||||||
Playa Hotels & Resorts NV | (4,641 | ) | (31,048 | ) | (7.2 | ) | ||||||
Plexus Corp. | (1,881 | ) | (169,892 | ) | (39.3 | ) | ||||||
Premier, Inc., Class A | (7,505 | ) | (267,478 | ) | (61.9 | ) | ||||||
PriceSmart, Inc. | (863 | ) | (77,446 | ) | (17.9 | ) | ||||||
Radius Health, Inc. | (1,723 | ) | (26,069 | ) | (6.0 | ) | ||||||
Rayonier, Inc. | (10,595 | ) | (399,537 | ) | (92.4 | ) | ||||||
Ribbon Communications, Inc. | (3,118 | ) | (21,545 | ) | (5.0 | ) | ||||||
Sandy Spring Bancorp, Inc. | (3,749 | ) | (155,921 | ) | (36.1 | ) | ||||||
Schnitzer Steel Industries, Inc., Class A | (4,996 | ) | (261,890 | ) | (60.6 | ) | ||||||
Shyft Group, Inc. | (5,674 | ) | (223,783 | ) | (51.8 | ) | ||||||
SIGA Technologies, Inc. | (23,755 | ) | (151,319 | ) | (35.0 | ) | ||||||
Sinclair Broadcast Group, Inc. | (10,026 | ) | (283,636 | ) | (65.6 | ) | ||||||
Skyline Champion Corp. | (3,275 | ) | (184,710 | ) | (42.7 | ) | ||||||
SolarWinds Corp. | (8,979 | ) | (100,924 | ) | (23.3 | ) | ||||||
Spectrum Brands Holdings, Inc. | (2,218 | ) | (193,742 | ) | (44.8 | ) | ||||||
St Joe Co. | (4,882 | ) | (221,008 | ) | (51.1 | ) | ||||||
Standex International Corp. | (953 | ) | (87,676 | ) | (20.3 | ) | ||||||
Sterling Construction Co., Inc. | (7,565 | ) | (166,127 | ) | (38.4 | ) | ||||||
Summit Hotel Properties, Inc. | (12,469 | ) | (112,346 | ) | (26.0 | ) | ||||||
Super Micro Computer, Inc. | (5,144 | ) | (195,678 | ) | (45.3 | ) | ||||||
Taro Pharmaceutical Industries Ltd. | (3,328 | ) | (236,954 | ) | (54.8 | ) | ||||||
Tivity Health, Inc. | (954 | ) | (23,926 | ) | (5.5 | ) | ||||||
Tootsie Roll Industries, Inc. | (1,641 | ) | (56,434 | ) | (13.1 | ) | ||||||
Transocean Ltd. | (43,114 | ) | (155,642 | ) | (36.0 | ) | ||||||
Travere Therapeutics, Inc. | (8,377 | ) | (115,184 | ) | (26.6 | ) | ||||||
Tredegar Corp. | (16,631 | ) | (217,367 | ) | (50.3 | ) | ||||||
TTEC Holdings, Inc. | (2,638 | ) | (275,671 | ) | (63.8 | ) | ||||||
Unisys Corp. | (30,615 | ) | (684,245 | ) | (158.3 | ) | ||||||
Veru, Inc. | (36,253 | ) | (249,058 | ) | (57.6 | ) | ||||||
Vivint Smart Home, Inc. | (18,723 | ) | (229,731 | ) | (53.1 | ) | ||||||
Winnebago Industries, Inc. | (16,337 | ) | (1,174,140 | ) | (271.6 | ) | ||||||
|
|
|
| |||||||||
(32,540,086 | ) | |||||||||||
|
| |||||||||||
Total Reference Entity — Short | (95,896,792 | ) | ||||||||||
|
| |||||||||||
Net Value of Reference Entity — Bank of America N.A. |
| $ | 432,289 | |||||||||
|
|
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with Deutsche Bank A.G. as of period end, termination date February 17, 2023:
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Long | ||||||||||||
Common Stocks | ||||||||||||
Argentina | ||||||||||||
MercadoLibre, Inc. | 638 | $ | 1,000,831 | (41.8 | )% | |||||||
|
|
|
| |||||||||
Australia | ||||||||||||
Alumina Ltd. | 628,778 | 771,088 | (32.2 | ) | ||||||||
Atlas Arteria Ltd. | 3,127 | 14,446 | (0.6 | ) | ||||||||
Bendigo & Adelaide Bank Ltd. | 45,250 | 343,506 | (14.4 | ) | ||||||||
Challenger Ltd. | 16,859 | 70,563 | (2.9 | ) | ||||||||
CSR Ltd. | 94,320 | 386,912 | (16.2 | ) | ||||||||
Harvey Norman Holdings Ltd. | 50,767 | 212,024 | (8.9 | ) | ||||||||
Magellan Financial Group Ltd. | 1,030 | 37,161 | (1.5 | ) | ||||||||
Medibank Pvt Ltd. | 470,812 | 1,148,256 | (48.0 | ) | ||||||||
Mineral Resources Ltd. | 7,451 | 344,752 | (14.4 | ) | ||||||||
Nufarm Ltd. | 29,077 | 92,226 | (3.8 | ) | ||||||||
Perpetual Ltd. | 22,592 | 624,390 | (26.1 | ) | ||||||||
Platinum Asset Management Ltd. | 168,939 | 509,009 | (21.3 | ) | ||||||||
Scentre Group | 260,081 | 496,557 | (20.8 | ) | ||||||||
Treasury Wine Estates Ltd. | 19,515 | 171,180 | (7.2 | ) | ||||||||
Worley Ltd. | 22,988 | 188,764 | (7.9 | ) | ||||||||
|
|
|
| |||||||||
5,410,834 | ||||||||||||
Austria | ||||||||||||
ANDRITZ AG | 7,699 | 423,869 | (17.7 | ) | ||||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Canadian Western Bank | 11,201 | 305,343 | (12.8 | ) | ||||||||
Canfor Corp. | 23,351 | 450,886 | (18.8 | ) | ||||||||
CGI, Inc. | 15,109 | 1,374,415 | (57.5 | ) | ||||||||
Crescent Point Energy Corp. | 93,146 | 340,450 | (14.2 | ) | ||||||||
Fairfax Financial Holdings Ltd. | 3,066 | 1,291,524 | (54.0 | ) | ||||||||
Gibson Energy, Inc. | 7,777 | 142,500 | (6.0 | ) | ||||||||
Gildan Activewear, Inc. | 4,604 | 158,719 | (6.6 | ) | ||||||||
Hydro One Ltd. | 87,498 | 2,160,098 | (90.3 | ) | ||||||||
Innergex Renewable Energy Inc. | 4,337 | 75,609 | (3.2 | ) | ||||||||
Onex Corp. | 563 | 42,916 | (1.8 | ) | ||||||||
TMX Group Ltd. | 3,158 | 346,808 | (14.5 | ) | ||||||||
Wheaton Precious Metals Corp. | 45,338 | 2,094,284 | (87.5 | ) | ||||||||
Whitecap Resources, Inc. | 105,722 | 483,867 | (20.2 | ) | ||||||||
WSP Global, Inc. | 12,896 | 1,530,754 | (64.0 | ) | ||||||||
Yamana Gold, Inc. | 108,405 | 485,720 | (20.3 | ) | ||||||||
|
|
|
| |||||||||
11,283,893 | ||||||||||||
China | ||||||||||||
Budweiser Brewing Co. APAC Ltd. | 404,100 | 1,127,767 | (47.1 | ) | ||||||||
|
|
|
| |||||||||
Denmark | ||||||||||||
Novozymes A/S, B Shares | 18,672 | 1,466,962 | (61.3 | ) | ||||||||
|
|
|
|
16 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Finland | ||||||||||||
Outokumpu OYJ | 891 | $ | 6,357 | (0.3 | )% | |||||||
Valmet OYJ | 1,144 | 47,742 | (2.0 | ) | ||||||||
|
|
|
| |||||||||
54,099 | ||||||||||||
France | ||||||||||||
ALD SA | 71,558 | 1,047,601 | (43.8 | ) | ||||||||
Alstom SA | 7,703 | 319,492 | (13.4 | ) | ||||||||
CNP Assurances | 50,675 | 861,383 | (36.0 | ) | ||||||||
Dassault Systemes SE | 795 | 43,854 | (1.8 | ) | ||||||||
Imerys SA | 7,059 | 326,973 | (13.7 | ) | ||||||||
Klepierre SA | 26,335 | 637,621 | (26.7 | ) | ||||||||
La Francaise des Jeux SAEM | 19,357 | 1,034,859 | (43.3 | ) | ||||||||
Legrand SA | 49,151 | 5,539,114 | (231.5 | ) | ||||||||
LVMH Moet Hennessy Louis Vuitton SE | 10,277 | 8,228,455 | (344.0 | ) | ||||||||
Rubis SCA | 16,882 | 677,225 | (28.3 | ) | ||||||||
Sartorius Stedim Biotech | 86 | 49,101 | (2.0 | ) | ||||||||
Societe Generale SA | 33,855 | 991,467 | (41.4 | ) | ||||||||
Valeo SA | 6,196 | 179,163 | (7.5 | ) | ||||||||
|
|
|
| |||||||||
19,936,308 | ||||||||||||
Germany | ||||||||||||
alstria office REIT-AG | 34,100 | 721,461 | (30.2 | ) | ||||||||
Capital Stage AG | 35,612 | 651,747 | (27.2 | ) | ||||||||
Grand City Properties SA | 10,133 | 269,136 | (11.2 | ) | ||||||||
HelloFresh SE | 372 | 34,871 | (1.5 | ) | ||||||||
Rheinmetall AG | 22,099 | 2,120,616 | (88.6 | ) | ||||||||
Schaeffler AG | 67,541 | 588,128 | (24.6 | ) | ||||||||
Solarworld AG | 10 | 5 | (0.0 | ) | ||||||||
Talanx AG | 2 | 85 | (0.0 | ) | ||||||||
thyssenkrupp AG | 33,852 | 337,262 | (14.1 | ) | ||||||||
Zalando SE | 28,887 | 3,209,701 | (134.2 | ) | ||||||||
|
|
|
| |||||||||
7,933,012 | ||||||||||||
Hong Kong | ||||||||||||
AIA Group Ltd. | 261,000 | 3,123,064 | (130.6 | ) | ||||||||
Dah Sing Banking Group Ltd. | 126,400 | 130,122 | (5.4 | ) | ||||||||
Haitong International Securities Group Ltd. | 161,000 | 41,493 | (1.7 | ) | ||||||||
Kerry Properties Ltd. | 38,000 | 112,222 | (4.7 | ) | ||||||||
Shun Tak Holdings Ltd. | 458,000 | 132,685 | (5.6 | ) | ||||||||
Swire Properties Ltd. | 189,000 | 537,545 | (22.5 | ) | ||||||||
Techtronic Industries Co. Ltd. | 141,500 | 2,523,268 | (105.5 | ) | ||||||||
Yue Yuen Industrial Holdings Ltd. | 263,500 | 556,091 | (23.2 | ) | ||||||||
|
|
|
| |||||||||
7,156,490 | ||||||||||||
Ireland | ||||||||||||
AIB Group PLC | 116,022 | 284,956 | (11.9 | ) | ||||||||
Kingspan Group PLC | 12,612 | 1,371,477 | (57.3 | ) | ||||||||
|
|
|
| |||||||||
1,656,433 | ||||||||||||
Israel | ||||||||||||
Alony Hetz Properties & Investments Ltd. | 7,541 | 102,735 | (4.3 | ) | ||||||||
Gazit-Globe Ltd. | 13,192 | 98,086 | (4.1 | ) | ||||||||
Nova Measuring Instruments Ltd. | 1,845 | 180,441 | (7.5 | ) | ||||||||
|
|
|
| |||||||||
381,262 | ||||||||||||
Italy | ||||||||||||
BPER Banca | 347,484 | 677,424 | (28.3 | ) | ||||||||
Intesa Sanpaolo SpA | 107,974 | 298,283 | (12.5 | ) | ||||||||
Poste Italiane SpA | 21,500 | 284,498 | (11.9 | ) | ||||||||
UnipolSai Assicurazioni SpA | 137,009 | 380,378 | (15.9 | ) | ||||||||
|
|
|
| |||||||||
1,640,583 |
Security | Shares | Value | % of Basket Value | |||||||||
Japan | ||||||||||||
Alps Alpine Co. Ltd. | 15,600 | $ | 162,379 | (6.8 | )% | |||||||
Asahi Kasei Corp. | 121,600 | 1,326,038 | (55.4 | ) | ||||||||
Azbil Corp. | 12,800 | 499,176 | (20.9 | ) | ||||||||
Benesse Holdings, Inc. | 20,500 | 471,724 | (19.7 | ) | ||||||||
Canon Marketing Japan, Inc. | 6,900 | 154,555 | (6.5 | ) | ||||||||
Canon, Inc. | 15,900 | 366,146 | (15.3 | ) | ||||||||
Casio Computer Co. Ltd. | 78,800 | 1,284,362 | (53.7 | ) | ||||||||
COMSYS Holdings Corp. | 500 | 13,896 | (0.6 | ) | ||||||||
CyberAgent, Inc. | 25,400 | 457,160 | (19.1 | ) | ||||||||
Daiichi Sankyo Co. Ltd. | 103,300 | 2,045,783 | (85.5 | ) | ||||||||
DIC Corp. | 7,300 | 197,275 | (8.2 | ) | ||||||||
Disco Corp. | 5,500 | 1,570,562 | (65.7 | ) | ||||||||
Fast Retailing Co. Ltd. | 1,600 | 1,085,125 | (45.4 | ) | ||||||||
Fuji Media Holdings, Inc. | 73,800 | 800,649 | (33.5 | ) | ||||||||
Hamamatsu Photonics KK | 15,700 | 872,929 | (36.5 | ) | ||||||||
Hikari Tsushin, Inc. | 5,300 | 917,593 | (38.4 | ) | ||||||||
Inpex Corp. | 3,400 | 24,115 | (1.0 | ) | ||||||||
Itochu Techno-Solutions Corp. | 6,100 | 186,550 | (7.8 | ) | ||||||||
Kansai Paint Co. Ltd. | 600 | 14,736 | (0.6 | ) | ||||||||
Kao Corp. | 25,400 | 1,529,367 | (63.9 | ) | ||||||||
KDDI Corp. | 23,200 | 709,540 | (29.7 | ) | ||||||||
Kirin Holdings Co. Ltd. | 150,500 | 2,752,765 | (115.1 | ) | ||||||||
Konica Minolta, Inc. | 350,800 | 1,803,973 | (75.4 | ) | ||||||||
Kuraray Co. Ltd. | 39,500 | 366,780 | (15.3 | ) | ||||||||
Lawson, Inc. | 28,800 | 1,447,490 | (60.5 | ) | ||||||||
Maeda Corp. | 7,100 | 59,691 | (2.5 | ) | ||||||||
Maruichi Steel Tube Ltd. | 700 | 16,887 | (0.7 | ) | ||||||||
Mitsubishi Materials Corp. | 90,600 | 1,890,256 | (79.0 | ) | ||||||||
MonotaRO Co. Ltd. | 1,600 | 36,804 | (1.5 | ) | ||||||||
Nankai Electric Railway Co. Ltd. | 4,800 | 101,928 | (4.3 | ) | ||||||||
NGK Spark Plug Co. Ltd. | 42,100 | 620,014 | (25.9 | ) | ||||||||
Nidec Corp. | 14,300 | 1,605,082 | (67.1 | ) | ||||||||
Nihon Kohden Corp. | 1,000 | 30,549 | (1.3 | ) | ||||||||
Nippon Paper Industries Co. Ltd. | 10,700 | 125,076 | (5.2 | ) | ||||||||
Nippon Telegraph & Telephone Corp. | 12,600 | 322,662 | (13.5 | ) | ||||||||
Nippon Television Holdings, Inc. | 20,600 | 229,036 | (9.6 | ) | ||||||||
NOK Corp. | 26,900 | 355,823 | (14.9 | ) | ||||||||
Olympus Corp. | 16,000 | 329,270 | (13.8 | ) | ||||||||
Omron Corp. | 12,200 | 1,044,015 | (43.6 | ) | ||||||||
Secom Co. Ltd. | 55,800 | 4,223,532 | (176.5 | ) | ||||||||
Shimadzu Corp. | 37,200 | 1,500,294 | (62.7 | ) | ||||||||
Shiseido Co. Ltd. | 4,500 | 300,761 | (12.6 | ) | ||||||||
SKY Perfect JSAT Holdings Inc. | 138,500 | 523,980 | (21.9 | ) | ||||||||
Sumitomo Chemical Co. Ltd. | 662,700 | 3,449,695 | (144.2 | ) | ||||||||
Suntory Beverage & Food Ltd. | 8,900 | 312,056 | (13.0 | ) | ||||||||
Takeda Pharmaceutical Co. Ltd. | 96,200 | 3,202,163 | (133.9 | ) | ||||||||
Teijin Ltd. | 20,100 | 302,645 | (12.6 | ) | ||||||||
Terumo Corp. | 2,000 | 77,621 | (3.2 | ) | ||||||||
Tokyo Electron Ltd. | 5,100 | 2,103,370 | (87.9 | ) | ||||||||
Trend Micro, Inc. | 26,800 | 1,395,291 | (58.3 | ) | ||||||||
Yamada Holdings Co. Ltd. | 479,500 | 2,265,373 | (94.7 | ) | ||||||||
Yamaguchi Financial Group, Inc. | 5,600 | 32,194 | (1.3 | ) | ||||||||
Yamaha Motor Co. Ltd. | 5,400 | 135,220 | (5.7 | ) | ||||||||
Yaskawa Electric Corp. | 24,400 | 1,208,207 | (50.5 | ) | ||||||||
Yokogawa Electric Corp. | 49,900 | 767,671 | (32.1 | ) | ||||||||
ZOZO, Inc. | 46,700 | 1,590,541 | (66.5 | ) | ||||||||
|
|
|
| |||||||||
51,218,375 |
SCHEDULE OF INVESTMENTS | 17 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Luxembourg | ||||||||||||
L’Occitane International SA | 12,000 | $ | 41,693 | (1.7 | )% | |||||||
RTL Group SA | 15,581 | 882,090 | (36.9 | ) | ||||||||
|
|
|
| |||||||||
923,783 | ||||||||||||
Netherlands | ||||||||||||
IMCD NV | 984 | 170,421 | (7.1 | ) | ||||||||
PostNL NV | 201,199 | 1,088,806 | (45.5 | ) | ||||||||
Signify NV | 3,155 | 176,739 | (7.4 | ) | ||||||||
|
|
|
| |||||||||
1,435,966 | ||||||||||||
New Zealand | ||||||||||||
Infratil Ltd. | 50,269 | 256,067 | (10.7 | ) | ||||||||
|
|
|
| |||||||||
Norway | ||||||||||||
DNB Bank ASA | 66,084 | 1,354,256 | (56.6 | ) | ||||||||
Norsk Hydro ASA | 3,022 | 20,105 | (0.9 | ) | ||||||||
Salmar ASA | 8,524 | 565,412 | (23.6 | ) | ||||||||
Scatec ASA | 2,588 | 55,604 | (2.3 | ) | ||||||||
|
|
|
| |||||||||
1,995,377 | ||||||||||||
Spain | ||||||||||||
Atlantica Sustainable Infrastructure PLC | 7,783 | 309,452 | (12.9 | ) | ||||||||
Fluidra SA | 9,047 | 366,754 | (15.3 | ) | ||||||||
Grifols SA | 2,180 | 55,441 | (2.3 | ) | ||||||||
Industria de Diseno Textil SA | 2,226 | 75,494 | (3.2 | ) | ||||||||
|
|
|
| |||||||||
807,141 | ||||||||||||
Sweden | ||||||||||||
Elekta AB | 32,081 | 468,238 | (19.6 | ) | ||||||||
ICA Gruppen AB | 1,430 | 70,683 | (3.0 | ) | ||||||||
Intrum AB | 1,425 | 44,154 | (1.8 | ) | ||||||||
Lundin Energy AB | 1,568 | 48,888 | (2.0 | ) | ||||||||
Saab AB, Class B | 209 | 6,342 | (0.3 | ) | ||||||||
|
|
|
| |||||||||
638,305 | ||||||||||||
Switzerland | ||||||||||||
Givaudan SA | 39 | 194,658 | (8.2 | ) | ||||||||
Kuehne + Nagel International AG | 3,737 | 1,260,614 | (52.7 | ) | ||||||||
PSP Swiss Property AG, Registered Shares | 1,214 | 164,288 | (6.9 | ) | ||||||||
Sika AG | 11,927 | 4,201,529 | (175.6 | ) | ||||||||
Tecan Group AG | 623 | 359,265 | (15.0 | ) | ||||||||
|
|
|
| |||||||||
6,180,354 | ||||||||||||
United Kingdom | ||||||||||||
Ashmore Group PLC | 95,041 | 501,908 | (21.0 | ) | ||||||||
Ashtead Group PLC | 26,396 | 1,975,198 | (82.6 | ) | ||||||||
Diploma PLC | 11,953 | 491,021 | (20.5 | ) | ||||||||
Fevertree Drinks PLC | 18,150 | 603,214 | (25.2 | ) | ||||||||
Games Workshop Group PLC | 69 | 10,905 | (0.5 | ) | ||||||||
Greggs PLC | 3,760 | 144,075 | (6.0 | ) | ||||||||
HomeServe PLC | 140,669 | 1,828,206 | (76.4 | ) | ||||||||
Intertek Group PLC | 7,895 | 565,645 | (23.7 | ) | ||||||||
ITV PLC | 95,511 | 148,515 | (6.2 | ) | ||||||||
John Wood Group PLC | 88,104 | 266,882 | (11.2 | ) | ||||||||
Just Eat Takeaway.com NV | 5,450 | 483,964 | (20.2 | ) | ||||||||
Nomad Foods Ltd. | 19,818 | 517,646 | (21.6 | ) | ||||||||
Pennon Group PLC | 3,937 | 69,860 | (2.9 | ) | ||||||||
Phoenix Group Holdings PLC | 116,112 | 1,094,220 | (45.7 | ) | ||||||||
Primary Health Properties PLC | 50,414 | 114,686 | (4.8 | ) | ||||||||
Renishaw PLC | 17,153 | 1,220,151 | (51.0 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
United Kingdom (continued) | ||||||||||||
Spirax-Sarco Engineering PLC | 138 | $ | 28,752 | (1.2 | )% | |||||||
Virgin Money UK PLC | 8,520 | 23,549 | (1.0 | ) | ||||||||
|
|
|
| |||||||||
10,088,397 | ||||||||||||
United States | ||||||||||||
Agilent Technologies, Inc. | 34,033 | 5,214,877 | (218.0 | ) | ||||||||
Agree Realty Corp. | 26,652 | 2,002,898 | (83.7 | ) | ||||||||
Airbnb, Inc., Class A | 7,159 | 1,030,968 | (43.1 | ) | ||||||||
Akamai Technologies, Inc. | 5,612 | 672,991 | (28.1 | ) | ||||||||
Alarm.com Holdings, Inc. | 2,168 | 180,421 | (7.5 | ) | ||||||||
Allogene Therapeutics, Inc. | 12,168 | 267,088 | (11.2 | ) | ||||||||
Alteryx, Inc., Class A | 15,498 | 1,199,545 | (50.1 | ) | ||||||||
Amazon.com, Inc. | 445 | 1,480,778 | (61.9 | ) | ||||||||
Ambarella, Inc. | 6,431 | 633,389 | (26.5 | ) | ||||||||
Arista Networks, Inc. | 6,448 | 2,452,755 | (102.5 | ) | ||||||||
ASGN, Inc. | 1,703 | 172,224 | (7.2 | ) | ||||||||
AT&T, Inc. | 8,865 | 248,663 | (10.4 | ) | ||||||||
Baker Hughes Co. | 2,025 | 43,011 | (1.8 | ) | ||||||||
Bandwidth, Inc., Class A | 1,265 | 164,020 | (6.9 | ) | ||||||||
Bloom Energy Corp., Class A | 7,989 | 174,160 | (7.3 | ) | ||||||||
Booking Holdings, Inc. | 178 | 387,730 | (16.2 | ) | ||||||||
BorgWarner, Inc. | 3,633 | 177,944 | (7.4 | ) | ||||||||
Boston Beer Co., Inc., Class A | 140 | 99,400 | (4.2 | ) | ||||||||
Carter’s, Inc. | 3,389 | 331,241 | (13.8 | ) | ||||||||
Ciena Corp. | 13,057 | 759,134 | (31.7 | ) | ||||||||
Cigna Corp. | 2,885 | 662,079 | (27.7 | ) | ||||||||
Clean Harbors, Inc. | 24,034 | 2,283,230 | (95.4 | ) | ||||||||
CMC Materials, Inc. | 5,476 | 792,049 | (33.1 | ) | ||||||||
Cogent Communications Holdings, Inc. | 14,078 | 1,092,594 | (45.7 | ) | ||||||||
CoStar Group, Inc. | 5,266 | 467,884 | (19.6 | ) | ||||||||
Curtiss-Wright Corp. | 291 | 34,425 | (1.4 | ) | ||||||||
CyberArk Software Ltd. | 967 | 137,343 | (5.7 | ) | ||||||||
D.R. Horton, Inc. | 1,542 | 147,153 | (6.2 | ) | ||||||||
Edison International | 21,342 | 1,163,139 | (48.6 | ) | ||||||||
Elastic NV | 211 | 31,241 | (1.3 | ) | ||||||||
EOG Resources, Inc. | 2,009 | 146,376 | (6.1 | ) | ||||||||
Equity Residential | 252 | 21,201 | (0.9 | ) | ||||||||
Erie Indemnity Co., Class A | 1,897 | 350,736 | (14.7 | ) | ||||||||
Essent Group Ltd. | 21,699 | 980,144 | (41.0 | ) | ||||||||
eXp World Holdings, Inc. | 6,299 | 226,260 | (9.5 | ) | ||||||||
Expeditors International of Washington, Inc. | 1,658 | 212,638 | (8.9 | ) | ||||||||
Ferguson PLC | 1,933 | 271,105 | (11.3 | ) | ||||||||
Fidelity National Financial, Inc. | 22,750 | 1,014,877 | (42.4 | ) | ||||||||
First Republic Bank | 3,285 | 640,641 | (26.8 | ) | ||||||||
Flowers Foods, Inc. | 56,926 | 1,341,177 | (56.1 | ) | ||||||||
Freshpet, Inc. | 4,767 | 698,127 | (29.2 | ) | ||||||||
Gap, Inc. | 4,849 | 141,445 | (5.9 | ) | ||||||||
GoodRx Holdings, Inc., Class A | 7,345 | 235,554 | (9.9 | ) | ||||||||
Grand Canyon Education, Inc. | 4,126 | 381,119 | (15.9 | ) | ||||||||
Guidewire Software, Inc. | 1,085 | 124,992 | (5.2 | ) | ||||||||
H&R Block, Inc. | 4,416 | 108,413 | (4.5 | ) | ||||||||
Hartford Financial Services Group, Inc. | 7,725 | 491,464 | (20.5 | ) | ||||||||
Healthcare Trust of America, Inc., Class A | 20,613 | 589,326 | (24.6 | ) | ||||||||
HealthEquity, Inc. | 4,197 | 310,494 | (13.0 | ) | ||||||||
HEICO Corp. | 4,349 | 588,202 | (24.6 | ) | ||||||||
HEICO Corp., Class A | 88 | 10,674 | (0.4 | ) | ||||||||
Hewlett Packard Enterprise Co. | 48,071 | 697,029 | (29.1 | ) | ||||||||
Hexcel Corp. | 3,064 | 166,743 | (7.0 | ) | ||||||||
HubSpot, Inc. | 1,470 | 876,149 | (36.6 | ) | ||||||||
ICU Medical, Inc. | 291 | 59,157 | (2.5 | ) |
18 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Insulet Corp. | 108 | $ | 30,207 | (1.3 | )% | |||||||
Interactive Brokers Group, Inc., Class A | 40,410 | 2,499,763 | (104.5 | ) | ||||||||
International Game Technology PLC | 1,807 | 33,881 | (1.4 | ) | ||||||||
Intuit, Inc. | 6,003 | 3,181,410 | (133.0 | ) | ||||||||
Kilroy Realty Corp. | 6,827 | 472,906 | (19.8 | ) | ||||||||
Kimco Realty Corp. | 5,295 | 112,942 | (4.7 | ) | ||||||||
Landstar System, Inc. | 6,680 | 1,048,760 | (43.8 | ) | ||||||||
Lennox International, Inc. | 426 | 140,337 | (5.9 | ) | ||||||||
Levi Strauss & Co., Class A | 23,575 | 648,784 | (27.1 | ) | ||||||||
LGI Homes, Inc. | 135 | 23,071 | (1.0 | ) | ||||||||
LHC Group, Inc. | 13,060 | 2,810,251 | (117.5 | ) | ||||||||
Life Storage, Inc. | 10,154 | 1,191,673 | (49.8 | ) | ||||||||
LivePerson, Inc. | 1,958 | 124,705 | (5.2 | ) | ||||||||
Manhattan Associates, Inc. | 2,047 | 326,763 | (13.7 | ) | ||||||||
Martin Marietta Materials, Inc. | 231 | 83,922 | (3.5 | ) | ||||||||
Medical Properties Trust, Inc. | 156 | 3,281 | (0.1 | ) | ||||||||
Medpace Holdings, Inc. | 3,544 | 623,531 | (26.1 | ) | ||||||||
Mercury Systems, Inc. | 22,408 | 1,478,928 | (61.8 | ) | ||||||||
Meritage Homes Corp. | 4,745 | 515,212 | (21.5 | ) | ||||||||
Mettler-Toledo International, Inc. | 179 | 263,794 | (11.0 | ) | ||||||||
Molson Coors Beverage Co., Class B | 6,688 | 326,976 | (13.7 | ) | ||||||||
Moody’s Corp. | 7,328 | 2,755,328 | (115.2 | ) | ||||||||
Morningstar, Inc. | 1,347 | 340,293 | (14.2 | ) | ||||||||
Motorola Solutions, Inc. | 1,405 | 314,608 | (13.2 | ) | ||||||||
MSCI, Inc. | 692 | 412,404 | (17.2 | ) | ||||||||
NetApp, Inc. | 9,687 | 770,988 | (32.2 | ) | ||||||||
New Relic, Inc. | 3,595 | 248,343 | (10.4 | ) | ||||||||
New York Times Co., Class A | 20,126 | 881,116 | (36.8 | ) | ||||||||
Okta, Inc. | 1,490 | 369,207 | (15.4 | ) | ||||||||
Opendoor Technologies Inc. | 9,329 | 138,256 | (5.8 | ) | ||||||||
Paycom Software, Inc. | 1,664 | 665,600 | (27.8 | ) | ||||||||
PayPal Holdings, Inc. | 1,941 | 534,804 | (22.4 | ) | ||||||||
Penumbra, Inc. | 5,074 | 1,350,851 | (56.5 | ) | ||||||||
Pioneer Natural Resources Co. | 6,880 | 1,000,146 | (41.8 | ) | ||||||||
Planet Fitness, Inc., Class A | 2,969 | 223,358 | (9.3 | ) | ||||||||
Plug Power, Inc. | 7,690 | 209,783 | (8.8 | ) | ||||||||
PROG Holdings, Inc. | 1,520 | 66,530 | (2.8 | ) | ||||||||
Progyny, Inc. | 1,631 | 90,830 | (3.8 | ) | ||||||||
Prologis, Inc. | 7,366 | 943,143 | (39.4 | ) | ||||||||
Ralph Lauren Corp. | 4,792 | 543,988 | (22.7 | ) | ||||||||
Reinsurance Group of America, Inc. | 138 | 15,205 | (0.6 | ) | ||||||||
Resideo Technologies, Inc. | 187 | 5,516 | (0.2 | ) | ||||||||
Ryder System, Inc. | 4,331 | 329,806 | (13.8 | ) | ||||||||
S&P Global, Inc. | 4,761 | 2,041,136 | (85.3 | ) | ||||||||
SailPoint Technologies Holding, Inc. | 2,860 | 142,971 | (6.0 | ) | ||||||||
salesforce.com, Inc. | 4,634 | 1,121,104 | (46.9 | ) | ||||||||
SBA Communications Corp. | 3,733 | 1,272,916 | (53.2 | ) | ||||||||
Schlumberger NV | 6,942 | 200,138 | (8.4 | ) | ||||||||
Schneider Electric SE | 32,290 | 5,408,198 | (226.1 | ) | ||||||||
Scotts Miracle-Gro Co. | 3,872 | 685,189 | (28.6 | ) | ||||||||
ServiceNow, Inc. | 4,200 | 2,469,138 | (103.2 | ) | ||||||||
Shake Shack, Inc., Class A | 1,873 | 188,311 | (7.9 | ) | ||||||||
Silicon Laboratories, Inc. | 5,641 | 840,453 | (35.1 | ) | ||||||||
Sims Ltd. | 45,000 | 544,007 | (22.7 | ) | ||||||||
Sirius XM Holdings, Inc. | 641,739 | 4,152,051 | (173.6 | ) | ||||||||
SiteOne Landscape Supply, Inc. | 2,199 | 384,341 | (16.1 | ) | ||||||||
Snap, Inc., Class A | 4,704 | 350,072 | (14.6 | ) | ||||||||
Snap-on, Inc. | 3,295 | 718,244 | (30.0 | ) | ||||||||
SolarEdge Technologies, Inc. | 2,657 | 689,438 | (28.8 | ) | ||||||||
Spirit Realty Capital, Inc. | 10,221 | 513,299 | (21.5 | ) | ||||||||
STAAR Surgical Co. | 1,917 | 245,223 | (10.3 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Sunnova Energy International, Inc. | 13,422 | $ | 511,378 | (21.4 | )% | |||||||
SunPower Corp. | 3,879 | 96,083 | (4.0 | ) | ||||||||
Sunrun, Inc. | 8,971 | 475,194 | (19.9 | ) | ||||||||
Tandem Diabetes Care, Inc. | 4,347 | 472,388 | (19.7 | ) | ||||||||
Tenable Holdings, Inc. | 20,230 | 865,844 | (36.2 | ) | ||||||||
Terminix Global Holdings, Inc. | 4,452 | 233,730 | (9.8 | ) | ||||||||
Uber Technologies, Inc. | 3,861 | 167,799 | (7.0 | ) | ||||||||
Ultragenyx Pharmaceutical, Inc. | 10,907 | 870,706 | (36.4 | ) | ||||||||
Universal Display Corp. | 8,012 | 1,878,734 | (78.5 | ) | ||||||||
Valvoline, Inc. | 17,396 | 533,709 | (22.3 | ) | ||||||||
Varonis Systems, Inc. | 9,508 | 581,890 | (24.3 | ) | ||||||||
Veeva Systems, Inc., Class A | 613 | 203,951 | (8.5 | ) | ||||||||
VeriSign, Inc. | 3,688 | 797,973 | (33.4 | ) | ||||||||
Visa, Inc., Class A | 8,058 | 1,985,411 | (83.0 | ) | ||||||||
VMware, Inc., Class A | 4,634 | 712,431 | (29.8 | ) | ||||||||
Voya Financial, Inc. | 28,881 | 1,859,936 | (77.8 | ) | ||||||||
W.R. Berkley Corp. | 14,099 | 1,031,624 | (43.1 | ) | ||||||||
Wendy’s Co. | 15,467 | 358,989 | (15.0 | ) | ||||||||
Western Union Co. | 10,141 | 235,373 | (9.8 | ) | ||||||||
Westlake Chemical Corp. | 2,009 | 166,586 | (7.0 | ) | ||||||||
Willis Towers Watson PLC | 6,225 | 1,282,848 | (53.6 | ) | ||||||||
Wintrust Financial Corp. | 5,677 | 405,338 | (16.9 | ) | ||||||||
Workday, Inc., Class A | 5,913 | 1,386,007 | (57.9 | ) | ||||||||
World Wrestling Entertainment, Inc., Class A | 2,812 | 138,857 | (5.8 | ) | ||||||||
WP Carey, Inc. | 6,846 | 552,404 | (23.1 | ) | ||||||||
Zebra Technologies Corp., Class A | 171 | 94,474 | (4.0 | ) | ||||||||
Zillow Group, Inc., Class A | 2,228 | 238,686 | (10.0 | ) | ||||||||
Zscaler, Inc. | 940 | 221,755 | (9.3 | ) | ||||||||
|
|
|
| |||||||||
103,665,944 | ||||||||||||
Zambia | ||||||||||||
First Quantum Minerals Ltd. | 8,584 | 183,845 | (7.7 | ) | ||||||||
|
|
|
| |||||||||
Total Reference Entity — Long | 236,865,897 | |||||||||||
|
| |||||||||||
Reference Entity — Short | ||||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
Afterpay Ltd. | (27 | ) | (1,919 | ) | 0.1 | |||||||
AGL Energy Ltd. | (116,745 | ) | (618,239 | ) | 25.8 | |||||||
Altium Ltd. | (8,387 | ) | (209,466 | ) | 8.8 | |||||||
Crown Resorts Ltd. | (113,995 | ) | (723,226 | ) | 30.2 | |||||||
Downer EDI Ltd. | (7,369 | ) | (28,669 | ) | 1.2 | |||||||
Fortescue Metals Group Ltd. | (23,754 | ) | (434,047 | ) | 18.1 | |||||||
Incitec Pivot Ltd. | (296,989 | ) | (585,441 | ) | 24.5 | |||||||
Lynas Rare Earths Ltd. | (129,667 | ) | (700,853 | ) | 29.3 | |||||||
NEXTDC Ltd. | (79,375 | ) | (746,130 | ) | 31.2 | |||||||
Pilbara Minerals Ltd. | (242,098 | ) | (315,018 | ) | 13.2 | |||||||
Qantas Airways Ltd. | (13,155 | ) | (44,346 | ) | 1.8 | |||||||
Santos Ltd. | (583 | ) | (2,751 | ) | 0.1 | |||||||
|
|
|
| |||||||||
(4,410,105 | ) | |||||||||||
Austria | ||||||||||||
BAWAG Group AG | (3,745 | ) | (212,751 | ) | 8.9 | |||||||
|
|
|
| |||||||||
Belgium | ||||||||||||
Colruyt SA | (2,034 | ) | (115,648 | ) | 4.8 | |||||||
Sofina SA | (3,468 | ) | (1,626,089 | ) | 68.0 | |||||||
|
|
|
| |||||||||
(1,741,737 | ) | |||||||||||
Canada | ||||||||||||
Brookfield Asset Management Reinsurance Partners Ltd., Class A | (2,404 | ) | (130,143 | ) | 5.4 | |||||||
Brookfield Asset Management, Inc., Class A | (29,303 | ) | (1,581,883 | ) | 66.1 |
SCHEDULE OF INVESTMENTS | 19 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Canada (continued) | ||||||||||||
Canadian National Railway Co. | (11,914 | ) | $ | (1,294,535 | ) | 54.1 | % | |||||
Centerra Gold, Inc. | (89,866 | ) | (722,472 | ) | 30.2 | |||||||
Dollarama, Inc. | (10,194 | ) | (480,040 | ) | 20.1 | |||||||
Kinross Gold Corp. | (116,895 | ) | (765,496 | ) | 32.0 | |||||||
Kirkland Lake Gold Ltd. | (6,594 | ) | (281,973 | ) | 11.8 | |||||||
Metro, Inc. | (36,629 | ) | (1,899,564 | ) | 79.4 | |||||||
Saputo, Inc. | (14,134 | ) | (407,842 | ) | 17.0 | |||||||
TransAlta Corp. | (27,659 | ) | (288,429 | ) | 12.1 | |||||||
Voyager Digital Ltd. | (8,440 | ) | (114,328 | ) | 4.8 | |||||||
|
|
|
| |||||||||
(7,966,705 | ) | |||||||||||
Finland | ||||||||||||
Huhtamaki OYJ | (31,846 | ) | (1,696,129 | ) | 70.9 | |||||||
Stora Enso OYJ | (20,935 | ) | (414,548 | ) | 17.3 | |||||||
TietoEVRY OYJ | (16,472 | ) | (554,025 | ) | 23.2 | |||||||
|
|
|
| |||||||||
(2,664,702 | ) | |||||||||||
France | ||||||||||||
Adevinta ASA | (12,000 | ) | (230,729 | ) | 9.6 | |||||||
Aeroports de Paris | (838 | ) | (101,580 | ) | 4.3 | |||||||
Bollore SA | (514,759 | ) | (2,876,639 | ) | 120.3 | |||||||
Capgemini SE | (3,144 | ) | (679,584 | ) | 28.4 | |||||||
Dassault Aviation SA | (2,160 | ) | (2,571,807 | ) | 107.5 | |||||||
Edenred | (7,738 | ) | (449,597 | ) | 18.8 | |||||||
Eurazeo SE | (108 | ) | (10,461 | ) | 0.4 | |||||||
Getlink SE | (63,774 | ) | (1,021,569 | ) | 42.7 | |||||||
Renault SA | (9,182 | ) | (348,738 | ) | 14.6 | |||||||
SEB SA | (10,353 | ) | (1,720,235 | ) | 71.9 | |||||||
SOITEC | (11,335 | ) | (2,717,538 | ) | 113.6 | |||||||
Ubisoft Entertainment SA | (14,734 | ) | (934,044 | ) | 39.0 | |||||||
Worldline SA | (9,977 | ) | (933,847 | ) | 39.0 | |||||||
|
|
|
| |||||||||
(14,596,368 | ) | |||||||||||
Germany | ||||||||||||
Auto1 Group SE | (3,211 | ) | (157,161 | ) | 6.6 | |||||||
Flatex AG | (6,817 | ) | (823,772 | ) | 34.4 | |||||||
Hella GmbH & Co. KGaA | (1,087 | ) | (76,101 | ) | 3.2 | |||||||
TeamViewer AG | (8,286 | ) | (278,588 | ) | 11.6 | |||||||
Volkswagen AG | (301 | ) | (99,898 | ) | 4.2 | |||||||
|
|
|
| |||||||||
(1,435,520 | ) | |||||||||||
Hong Kong | ||||||||||||
Jardine Matheson Holdings Ltd. | (11,400 | ) | (678,250 | ) | 28.4 | |||||||
WH Group Ltd. | (2,455,000 | ) | (2,034,132 | ) | 85.0 | |||||||
|
|
|
| |||||||||
(2,712,382 | ) | |||||||||||
Ireland | ||||||||||||
AerCap Holdings NV | (7,757 | ) | (411,121 | ) | 17.2 | |||||||
Ryanair Holdings PLC | (68,286 | ) | (1,340,454 | ) | 56.0 | |||||||
Smurfit Kappa Group PLC | (12,980 | ) | (732,253 | ) | 30.6 | |||||||
|
|
|
| |||||||||
(2,483,828 | ) | |||||||||||
Israel | ||||||||||||
Big Shopping Centers Ltd. | (99 | ) | (13,843 | ) | 0.6 | |||||||
Cognyte Software Ltd. | (40,476 | ) | (1,051,162 | ) | 43.9 | |||||||
Fattal Holdings 1998 Ltd. | (169 | ) | (14,774 | ) | 0.6 | |||||||
Fiverr International Ltd. | (419 | ) | (104,293 | ) | 4.4 | |||||||
Melisron Ltd. | (30,213 | ) | (2,227,794 | ) | 93.1 | |||||||
Phoenix Holdings Ltd. | (110,169 | ) | (1,052,816 | ) | 44.0 | |||||||
Shapir Engineering and Industry Ltd. | (13,207 | ) | (97,817 | ) | 4.1 | |||||||
|
|
|
| |||||||||
(4,562,499 | ) | |||||||||||
Italy | ||||||||||||
Autogrill SpA | (36,062 | ) | (253,015 | ) | 10.6 |
Security | Shares | Value | % of Basket Value | |||||||||
Italy (continued) | ||||||||||||
Ferrari NV | (1,333 | ) | $ | (290,511 | ) | 12.1 | % | |||||
Nexi SpA | (11,026 | ) | (236,235 | ) | 9.9 | |||||||
Saipem SpA | (86,244 | ) | (197,864 | ) | 8.3 | |||||||
|
|
|
| |||||||||
(977,625 | ) | |||||||||||
Japan | ||||||||||||
Acom Co. Ltd. | (40,200 | ) | (164,530 | ) | 6.9 | |||||||
AEON Financial Service Co. Ltd. | (1,600 | ) | (19,712 | ) | 0.8 | |||||||
Ain Holdings, Inc. | (3,900 | ) | (238,738 | ) | 10.0 | |||||||
Ariake Japan Co. Ltd. | (4,000 | ) | (232,189 | ) | 9.7 | |||||||
Asahi Intecc Co. Ltd. | (12,300 | ) | (333,294 | ) | 13.9 | |||||||
Bank of Kyoto Ltd. | (6,200 | ) | (266,999 | ) | 11.2 | |||||||
BayCurrent Consulting, Inc. | (1,200 | ) | (477,877 | ) | 20.0 | |||||||
Bengo4.com, Inc. | (800 | ) | (60,401 | ) | 2.5 | |||||||
Chubu Electric Power Co., Inc. | (142,300 | ) | (1,707,681 | ) | 71.4 | |||||||
Cosmo Energy Holdings Co. Ltd. | (30,800 | ) | (716,324 | ) | 29.9 | |||||||
Daito Trust Construction Co. Ltd. | (3,500 | ) | (411,215 | ) | 17.2 | |||||||
DeNA Co. Ltd. | (36,600 | ) | (689,175 | ) | 28.8 | |||||||
Fuji Kyuko Co. Ltd. | (26,100 | ) | (1,207,312 | ) | 50.5 | |||||||
Fujitsu General Ltd. | (74,000 | ) | (1,908,937 | ) | 79.8 | |||||||
Hachijuni Bank Ltd. | (92,300 | ) | (298,612 | ) | 12.5 | |||||||
Hirogin Holdings, Inc. | (3,200 | ) | (17,219 | ) | 0.7 | |||||||
Hokuriku Electric Power Co. | (91,600 | ) | (478,068 | ) | 20.0 | |||||||
Ibiden Co. Ltd. | (13,600 | ) | (720,462 | ) | 30.1 | |||||||
Ichigo, Inc. | (11,400 | ) | (34,227 | ) | 1.4 | |||||||
Invincible Investment Corp. | (777 | ) | (305,258 | ) | 12.8 | |||||||
IR Japan Holdings Ltd. | (2,700 | ) | (334,114 | ) | 14.0 | |||||||
Isetan Mitsukoshi Holdings Ltd. | (27,700 | ) | (187,570 | ) | 7.8 | |||||||
Iwatani Corp. | (10,200 | ) | (585,980 | ) | 24.5 | |||||||
Japan Airport Terminal Co. Ltd. | (9,600 | ) | (414,853 | ) | 17.3 | |||||||
Japan Aviation Electronics Industry Ltd. | (67,000 | ) | (1,066,827 | ) | 44.6 | |||||||
Japan Exchange Group, Inc. | (18,600 | ) | (423,057 | ) | 17.7 | |||||||
Japan Hotel REIT Investment Corp. | (554 | ) | (337,833 | ) | 14.1 | |||||||
Japan Logistics Fund, Inc. | (290 | ) | (879,957 | ) | 36.8 | |||||||
Japan Retail Fund Investment Corp. | (232 | ) | (243,028 | ) | 10.2 | |||||||
Japan Steel Works Ltd. | (2,600 | ) | (63,960 | ) | 2.7 | |||||||
JSR Corp. | (13,900 | ) | (465,928 | ) | 19.5 | |||||||
Justsystems Corp. | (19,100 | ) | (1,109,657 | ) | 46.4 | |||||||
Kawasaki Kisen Kaisha Ltd. | (12,800 | ) | (438,053 | ) | 18.3 | |||||||
Keisei Electric Railway Co. Ltd. | (19,500 | ) | (580,760 | ) | 24.3 | |||||||
Kotobuki Spirits Co. Ltd. | (4,200 | ) | (251,870 | ) | 10.5 | |||||||
Kurita Water Industries Ltd. | (11,700 | ) | (568,252 | ) | 23.8 | |||||||
Kyudenko Corp. | (3,600 | ) | (128,294 | ) | 5.4 | |||||||
Mitsubishi Gas Chemical Co., Inc. | (20,800 | ) | (433,282 | ) | 18.1 | |||||||
Mitsui Fudosan Co. Ltd. | (8,800 | ) | (205,808 | ) | 8.6 | |||||||
Mitsui Fudosan Logistics Park, Inc. | (69 | ) | (386,181 | ) | 16.1 | |||||||
Mitsui High-Tec, Inc. | (100 | ) | (5,858 | ) | 0.2 | |||||||
Morinaga Milk Industry Co. Ltd. | (32,500 | ) | (1,821,083 | ) | 76.1 | |||||||
Nexon Co. Ltd. | (35,500 | ) | (730,452 | ) | 30.5 | |||||||
Nippo Corp. | (33,800 | ) | (938,930 | ) | 39.2 | |||||||
Nippon Electric Glass Co. Ltd. | (1,500 | ) | (34,060 | ) | 1.4 | |||||||
Nippon Kayaku Co. Ltd. | (55,000 | ) | (570,348 | ) | 23.8 | |||||||
NOF Corp. | (2,600 | ) | (132,247 | ) | 5.5 | |||||||
Oji Holdings Corp. | (47,400 | ) | (273,284 | ) | 11.4 | |||||||
Open House Co. Ltd. | (4,900 | ) | (247,743 | ) | 10.4 | |||||||
Orient Corp. | (231,700 | ) | (289,348 | ) | 12.1 | |||||||
Orix JREIT, Inc. | (427 | ) | (814,751 | ) | 34.1 | |||||||
Persol Holdings Co. Ltd. | (9,800 | ) | (197,719 | ) | 8.3 | |||||||
Ryohin Keikaku Co. Ltd. | (4,800 | ) | (97,374 | ) | 4.1 | |||||||
Sapporo Holdings Ltd. | (3,700 | ) | (78,680 | ) | 3.3 | |||||||
Sekisui Chemical Co. Ltd. | (100,900 | ) | (1,741,075 | ) | 72.8 | |||||||
Shimano, Inc. | (2,200 | ) | (563,154 | ) | 23.5 |
20 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Shinko Electric Industries Co. Ltd. | (50,100 | ) | $ | (1,702,939 | ) | 71.2 | % | |||||
Shionogi & Co. Ltd. | (6,700 | ) | (352,853 | ) | 14.7 | |||||||
Shochiku Co. Ltd. | (800 | ) | (87,024 | ) | 3.6 | |||||||
Sugi Holdings Co. Ltd. | (9,200 | ) | (678,928 | ) | 28.4 | |||||||
SUMCO Corp. | (107,100 | ) | (2,477,043 | ) | 103.5 | |||||||
Sumitomo Bakelite Co. Ltd. | (200 | ) | (8,706 | ) | 0.4 | |||||||
Taiyo Nippon Sanso Corp. | (8,200 | ) | (181,516 | ) | 7.6 | |||||||
Toho Co. Ltd. | (2,600 | ) | (113,190 | ) | 4.7 | |||||||
Tohoku Electric Power Co., Inc. | (18,800 | ) | (142,433 | ) | 6.0 | |||||||
Tokyo Electric Power Co. Holdings, Inc. | (1,439,200 | ) | (3,835,748 | ) | 160.3 | |||||||
Tokyo Tatemono Co. Ltd. | (14,900 | ) | (224,169 | ) | 9.4 | |||||||
Toyota Motor Corp. | (16,300 | ) | (1,463,340 | ) | 61.2 | |||||||
Welcia Holdings Co. Ltd. | (8,800 | ) | (299,549 | ) | 12.5 | |||||||
Yamato Kogyo Co. Ltd. | (40,700 | ) | (1,384,007 | ) | 57.9 | |||||||
Zenkoku Hosho Co. Ltd. | (5,600 | ) | (254,077 | ) | 10.6 | |||||||
|
|
|
| |||||||||
(41,135,122 | ) | |||||||||||
Mexico | ||||||||||||
Fresnillo PLC | (121,300 | ) | (1,379,948 | ) | 57.7 | |||||||
|
|
|
| |||||||||
Mongolia | ||||||||||||
Turquoise Hill Resources Ltd. | (12,370 | ) | (206,431 | ) | 8.6 | |||||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
NXP Semiconductors NV | (11,140 | ) | (2,299,185 | ) | 96.1 | |||||||
|
|
|
| |||||||||
New Zealand | ||||||||||||
a2 Milk Co. Ltd. | (4,878 | ) | (21,209 | ) | 0.9 | |||||||
Auckland International Airport Ltd. | (220,940 | ) | (1,114,719 | ) | 46.6 | |||||||
|
|
|
| |||||||||
(1,135,928 | ) | |||||||||||
Norway | ||||||||||||
Leroy Seafood Group Asa | (221 | ) | (2,014 | ) | 0.1 | |||||||
|
|
|
| |||||||||
Poland | ||||||||||||
InPost SA | (877 | ) | (17,196 | ) | 0.7 | |||||||
|
|
|
| |||||||||
Russia | ||||||||||||
Evraz PLC | (166,332 | ) | (1,421,119 | ) | 59.4 | |||||||
|
|
|
| |||||||||
Singapore | ||||||||||||
CapitaLand Ltd. | (1,608,400 | ) | (4,778,501 | ) | 199.8 | |||||||
Frasers Logistics & Commercial Trust | (98,900 | ) | (110,766 | ) | 4.6 | |||||||
Sembcorp Industries Ltd. | (364,200 | ) | (561,796 | ) | 23.5 | |||||||
|
|
|
| |||||||||
(5,451,063 | ) | |||||||||||
Spain | ||||||||||||
ACS Actividades de Construccion y Servicios SA | (8,915 | ) | (234,494 | ) | 9.8 | |||||||
Cellnex Telecom SA | (1 | ) | (65 | ) | 0.0 | |||||||
Telefonica SA | (150,047 | ) | (686,442 | ) | 28.7 | |||||||
|
|
|
| |||||||||
(921,001 | ) | |||||||||||
Sweden | ||||||||||||
Embracer Group AB | (11,801 | ) | (305,427 | ) | 12.8 | |||||||
Securitas AB | (86,613 | ) | (1,527,284 | ) | 63.8 | |||||||
Thule Group AB | (37,876 | ) | (1,912,319 | ) | 79.9 | |||||||
|
|
|
| |||||||||
(3,745,030 | ) | |||||||||||
Switzerland | ||||||||||||
Barry Callebaut AG | (646 | ) | (1,637,375 | ) | 68.4 | |||||||
Dufry AG | (1,355 | ) | (71,690 | ) | 3.0 | |||||||
Georg Fischer AG | (3,241 | ) | (5,245,424 | ) | 219.3 | |||||||
Schindler Holding AG | (857 | ) | (267,043 | ) | 11.2 | |||||||
Schindler Holding AG | (5,376 | ) | (1,740,401 | ) | 72.7 |
Security | Shares | Value | % of Basket Value | |||||||||
Switzerland (continued) | ||||||||||||
STMicroelectronics NV | (21,133 | ) | $ | (869,702 | ) | 36.4 | % | |||||
Vifor Pharma AG | (5,418 | ) | (757,717 | ) | 31.7 | |||||||
Zur Rose Group AG | (87 | ) | (32,366 | ) | 1.3 | |||||||
|
|
|
| |||||||||
(10,621,718 | ) | |||||||||||
United Kingdom | ||||||||||||
Aston Martin Lagonda Global Holdings PLC | (14,701 | ) | (398,501 | ) | 16.7 | |||||||
AVEVA Group PLC | (7,357 | ) | (401,413 | ) | 16.8 | |||||||
B&M European Value Retail SA | (211,771 | ) | (1,627,002 | ) | 68.0 | |||||||
Berkeley Group Holdings PLC | (20,173 | ) | (1,358,207 | ) | 56.8 | |||||||
Ceres Power Holdings PLC | (18,598 | ) | (260,639 | ) | 10.9 | |||||||
Countryside Properties PLC | (22,390 | ) | (163,624 | ) | 6.9 | |||||||
Inchcape PLC | (47,459 | ) | (560,574 | ) | 23.4 | |||||||
InterContinental Hotels Group PLC | (14,857 | ) | (981,210 | ) | 41.0 | |||||||
International Consolidated Airlines Group SA | (207,288 | ) | (482,791 | ) | 20.2 | |||||||
ITM Power PLC | (9,350 | ) | (53,251 | ) | 2.2 | |||||||
Land Securities Group PLC | (23,165 | ) | (227,999 | ) | 9.5 | |||||||
SSP Group PLC | (60,732 | ) | (220,237 | ) | 9.2 | |||||||
|
|
|
| |||||||||
(6,735,448 | ) | |||||||||||
United States | ||||||||||||
Abbott Laboratories | (1,522 | ) | (184,132 | ) | 7.7 | |||||||
Aflac, Inc. | (10,676 | ) | (587,180 | ) | 24.5 | |||||||
agilon health, Inc. | (6,136 | ) | (225,743 | ) | 9.4 | |||||||
AGNC Investment Corp. | (18,947 | ) | (300,689 | ) | 12.6 | |||||||
Air Lease Corp. | (4,468 | ) | (189,264 | ) | 7.9 | |||||||
Albemarle Corp. | (6,538 | ) | (1,347,090 | ) | 56.3 | |||||||
Albertsons Cos., Inc., Class A | (50,929 | ) | (1,100,066 | ) | 46.0 | |||||||
Alcoa Corp. | (12,979 | ) | (521,107 | ) | 21.8 | |||||||
Alliant Energy Corp. | (23,223 | ) | (1,359,242 | ) | 56.8 | |||||||
American Water Works Co., Inc. | (162 | ) | (27,558 | ) | 1.2 | |||||||
Amkor Technology, Inc. | (22,511 | ) | (554,671 | ) | 23.2 | |||||||
Amphenol Corp., Class A | (43,905 | ) | (3,182,673 | ) | 133.0 | |||||||
AppLovin Corp., Class A | (931 | ) | (57,229 | ) | 2.4 | |||||||
Archer-Daniels-Midland Co. | (25,753 | ) | (1,537,969 | ) | 64.3 | |||||||
Arrow Electronics, Inc. | (3,481 | ) | (412,742 | ) | 17.3 | |||||||
Ashland Global Holdings, Inc. | (526 | ) | (44,747 | ) | 1.9 | |||||||
Assurant, Inc. | (2,210 | ) | (348,760 | ) | 14.6 | |||||||
Atmos Energy Corp. | (12,787 | ) | (1,260,670 | ) | 52.7 | |||||||
AutoNation, Inc. | (4,083 | ) | (495,390 | ) | 20.7 | |||||||
Avis Budget Group, Inc. | (6,639 | ) | (549,510 | ) | 23.0 | |||||||
Baxter International, Inc. | (13,516 | ) | (1,045,463 | ) | 43.7 | |||||||
Becton Dickinson & Co. | (8,506 | ) | (2,175,410 | ) | 90.9 | |||||||
BJ’s Wholesale Club Holdings, Inc. | (3,254 | ) | (164,783 | ) | 6.9 | |||||||
Broadcom, Inc. | (7,799 | ) | (3,785,635 | ) | 158.2 | |||||||
Cardinal Health, Inc. | (8,606 | ) | (511,024 | ) | 21.4 | |||||||
Carlisle Cos., Inc. | (6,727 | ) | (1,360,469 | ) | 56.9 | |||||||
CarMax, Inc. | (13,544 | ) | (1,814,219 | ) | 75.8 | |||||||
Carnival PLC | (58,906 | ) | (1,165,973 | ) | 48.7 | |||||||
Carrier Global Corp. | (6,231 | ) | (344,263 | ) | 14.4 | |||||||
Carvana Co. | (1,333 | ) | (449,967 | ) | 18.8 | |||||||
Cassava Sciences, Inc. | (2,735 | ) | (190,165 | ) | 7.9 | |||||||
CDW Corp. | (6,903 | ) | (1,265,665 | ) | 52.9 | |||||||
Celanese Corp. | (9,246 | ) | (1,440,249 | ) | 60.2 | |||||||
Cerence Inc. | (3,802 | ) | (408,753 | ) | 17.1 | |||||||
CF Industries Holdings, Inc. | (6,057 | ) | (286,193 | ) | 12.0 | |||||||
Chart Industries, Inc. | (8,804 | ) | (1,368,582 | ) | 57.2 | |||||||
Chemours Co. | (11,301 | ) | (375,758 | ) | 15.7 | |||||||
Church & Dwight Co., Inc. | (26,923 | ) | (2,330,993 | ) | 97.4 | |||||||
Churchill Downs, Inc. | (2,396 | ) | (445,177 | ) | 18.6 |
SCHEDULE OF INVESTMENTS | 21 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Cleveland-Cliffs, Inc. | (16,321 | ) | $ | (408,025 | ) | 17.1 | % | |||||
Clorox Co. | (4,557 | ) | (824,316 | ) | 34.5 | |||||||
Concentrix Corp. | (2,048 | ) | (335,319 | ) | 14.0 | |||||||
Constellation Brands, Inc. | (2,706 | ) | (607,064 | ) | 25.4 | |||||||
Cricut, Inc., Class A | (26,318 | ) | (898,233 | ) | 37.5 | |||||||
CSX Corp. | (11,178 | ) | (361,273 | ) | 15.1 | |||||||
Darling Ingredients, Inc. | (1,019 | ) | (70,382 | ) | 2.9 | |||||||
DaVita, Inc. | (6,989 | ) | (840,427 | ) | 35.1 | |||||||
Duck Creek Technologies, Inc. | (19,980 | ) | (877,721 | ) | 36.7 | |||||||
Eagle Materials, Inc. | (4,468 | ) | (631,418 | ) | 26.4 | |||||||
Element Solutions, Inc. | (17,993 | ) | (420,856 | ) | 17.6 | |||||||
EMCOR Group, Inc. | (2,677 | ) | (326,085 | ) | 13.6 | |||||||
EQT Corp. | (22,384 | ) | (411,642 | ) | 17.2 | |||||||
Equity LifeStyle Properties, Inc. | (14,328 | ) | (1,200,686 | ) | 50.2 | |||||||
Exxon Mobil Corp. | (7,920 | ) | (455,954 | ) | 19.1 | |||||||
Fastenal Co. | (8,283 | ) | (453,660 | ) | 19.0 | |||||||
Fifth Third Bancorp | (7,966 | ) | (289,086 | ) | 12.1 | |||||||
Fiserv, Inc. | (5,297 | ) | (609,738 | ) | 25.5 | |||||||
Floor & Decor Holdings, Inc., Class A | (6,565 | ) | (800,996 | ) | 33.5 | |||||||
Freeport-McMoRan, Inc. | (22,683 | ) | (864,222 | ) | 36.1 | |||||||
Gaming and Leisure Properties, Inc. | (8,722 | ) | (412,899 | ) | 17.3 | |||||||
Graphic Packaging Holding Co. | (21,611 | ) | (414,283 | ) | 17.3 | |||||||
Hain Celestial Group, Inc. | (7,077 | ) | (282,443 | ) | 11.8 | |||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | (4,669 | ) | (265,199 | ) | 11.1 | |||||||
Helen of Troy Ltd. | (598 | ) | (133,587 | ) | 5.6 | |||||||
Hershey Co. | (9,423 | ) | (1,685,586 | ) | 70.5 | |||||||
Hilton Worldwide Holdings, Inc. | (3,690 | ) | (485,051 | ) | 20.3 | |||||||
Host Hotels & Resorts, Inc. | (95,684 | ) | (1,524,246 | ) | 63.7 | |||||||
Howmet Aerospace Inc. | (20,258 | ) | (664,868 | ) | 27.8 | |||||||
Hyatt Hotels Corp., Class A | (14,593 | ) | (1,165,543 | ) | 48.7 | |||||||
Inmode Ltd. | (2,657 | ) | (302,021 | ) | 12.6 | |||||||
Jabil, Inc. | (22,184 | ) | (1,320,835 | ) | 55.2 | |||||||
Janus Henderson Group PLC | (11,751 | ) | (491,662 | ) | 20.5 | |||||||
JB Hunt Transport Services, Inc. | (7,618 | ) | (1,283,252 | ) | 53.6 | |||||||
Kimberly-Clark Corp. | (51,546 | ) | (6,995,823 | ) | 292.4 | |||||||
Knight-Swift Transportation Holdings, Inc. | (5,759 | ) | (286,165 | ) | 12.0 | |||||||
Kroger Co. | (23,407 | ) | (952,665 | ) | 39.8 | |||||||
Laboratory Corp. of America Holdings | (158 | ) | (46,792 | ) | 2.0 | |||||||
Lam Research Corp. | (1,130 | ) | (720,273 | ) | 30.1 | |||||||
Leidos Holdings, Inc. | (8,684 | ) | (924,151 | ) | 38.6 | |||||||
Liberty Broadband Corp., Class C | (15,723 | ) | (2,790,675 | ) | 116.7 | |||||||
Liberty Media Corp-Liberty Formula One | (20,800 | ) | (976,144 | ) | 40.8 | |||||||
Liberty Media Corp-Liberty SiriusXM | (11,630 | ) | (537,306 | ) | 22.5 | |||||||
Littelfuse, Inc. | (1,969 | ) | (523,734 | ) | 21.9 | |||||||
Loews Corp. | (4,111 | ) | (220,473 | ) | 9.2 | |||||||
Madison Square Garden Co. | (5,760 | ) | (937,382 | ) | 39.2 | |||||||
Marathon Petroleum Corp. | (823 | ) | (45,446 | ) | 1.9 | |||||||
Marriott International, Inc., Class A | (2,831 | ) | (413,269 | ) | 17.3 | |||||||
Mattel, Inc. | (34,849 | ) | (756,920 | ) | 31.6 | |||||||
McAfee Corp., Class A | (3,434 | ) | (92,958 | ) | 3.9 | |||||||
MicroStrategy, Inc., Class A | (165 | ) | (103,292 | ) | 4.3 | |||||||
Mid-America Apartment Communities, Inc. | (331 | ) | (63,916 | ) | 2.7 | |||||||
Monster Beverage Corp. | (8,387 | ) | (791,062 | ) | 33.1 | |||||||
Morgan Stanley | (6,345 | ) | (608,993 | ) | 25.5 | |||||||
Mosaic Co. | (7,187 | ) | (224,450 | ) | 9.4 | |||||||
Murphy USA, Inc. | (14,121 | ) | (2,082,989 | ) | 87.1 | |||||||
NCR Corp. | (584 | ) | (25,930 | ) | 1.1 | |||||||
New Residential Investment Corp. | (95,490 | ) | (931,982 | ) | 39.0 | |||||||
NortonLifeLock Inc. | (24,625 | ) | (611,193 | ) | 25.5 | |||||||
Norwegian Cruise Line Holdings Ltd. | (31,023 | ) | (745,483 | ) | 31.2 | |||||||
NVR, Inc. | (127 | ) | (663,270 | ) | 27.7 |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Packaging Corp. of America | (13,760 | ) | $ | (1,947,040 | ) | 81.4 | % | |||||
PDC Energy, Inc. | (32,596 | ) | (1,289,172 | ) | 53.9 | |||||||
PerkinElmer, Inc. | (2,229 | ) | (406,191 | ) | 17.0 | |||||||
PG&E Corp. | (50,690 | ) | (445,565 | ) | 18.6 | |||||||
Polaris, Inc. | (6,580 | ) | (862,441 | ) | 36.0 | |||||||
PPL Corp. | (1,641 | ) | (46,555 | ) | 1.9 | |||||||
Progressive Corp. | (3,963 | ) | (377,119 | ) | 15.8 | |||||||
Public Service Enterprise Group, Inc. | (5,594 | ) | (348,115 | ) | 14.5 | |||||||
Qorvo Inc. | (17,880 | ) | (3,389,869 | ) | 141.7 | |||||||
Quidel Corp. | (1,758 | ) | (248,704 | ) | 10.4 | |||||||
Raymond James Financial, Inc. | (23,591 | ) | (3,054,563 | ) | 127.7 | |||||||
Reata Pharmaceuticals, Inc. | (993 | ) | (124,433 | ) | 5.2 | |||||||
Redfin Corp. | (11,289 | ) | (661,197 | ) | 27.6 | |||||||
Revolve Group, Inc. | (3,544 | ) | (246,698 | ) | 10.3 | |||||||
RH | (1,783 | ) | (1,184,055 | ) | 49.5 | |||||||
Royal Caribbean Cruises Ltd. | (7,242 | ) | (556,693 | ) | 23.3 | |||||||
Ryman Hospitality Properties, Inc. | (6,586 | ) | (505,146 | ) | 21.1 | |||||||
Sabre Corp. | (21,041 | ) | (248,073 | ) | 10.4 | |||||||
Schrodinger, Inc. | (2,882 | ) | (195,025 | ) | 8.2 | |||||||
Shift4 Payments, Inc., Class A | (4,847 | ) | (432,304 | ) | 18.1 | |||||||
SoFi Technologies, Inc. | (172,420 | ) | (2,662,165 | ) | 111.3 | |||||||
Starbucks Corp. | (9,526 | ) | (1,156,742 | ) | 48.4 | |||||||
State Street Corp. | (2,848 | ) | (248,175 | ) | 10.4 | |||||||
Stellantis NV | (180,051 | ) | (3,452,750 | ) | 144.3 | |||||||
Stem, Inc. | (10,310 | ) | (279,504 | ) | 11.7 | |||||||
Surgery Partners, Inc. | (9,067 | ) | (494,696 | ) | 20.7 | |||||||
SYNNEX Corp. | (160 | ) | (19,126 | ) | 0.8 | |||||||
Target Corp. | (171 | ) | (44,640 | ) | 1.9 | |||||||
TE Connectivity Ltd. | (8,134 | ) | (1,199,521 | ) | 50.1 | |||||||
Teleflex, Inc. | (894 | ) | (355,302 | ) | 14.8 | |||||||
Texas Roadhouse, Inc. | (946 | ) | (87,193 | ) | 3.6 | |||||||
Textron, Inc. | (1,002 | ) | (69,148 | ) | 2.9 | |||||||
Thor Industries, Inc. | (5,868 | ) | (694,536 | ) | 29.0 | |||||||
Trade Desk, Inc., Class A | (3,394 | ) | (278,003 | ) | 11.6 | |||||||
Tyler Technologies, Inc. | (6,079 | ) | (2,994,759 | ) | 125.2 | |||||||
Tyson Foods, Inc., Class A | (7,813 | ) | (558,317 | ) | 23.3 | |||||||
UFP Industries, Inc. | (10,054 | ) | (746,610 | ) | 31.2 | |||||||
United Rentals, Inc. | (2,604 | ) | (858,148 | ) | 35.9 | |||||||
United States Steel Corp. | (7,438 | ) | (196,958 | ) | 8.2 | |||||||
Upstart Holdings, Inc. | (537 | ) | (64,848 | ) | 2.7 | |||||||
Vertiv Holdings Co. | (23,993 | ) | (672,764 | ) | 28.1 | |||||||
Vistra Energy Corp. | (26,035 | ) | (498,570 | ) | 20.8 | |||||||
Vobile Group Ltd. | (440,000 | ) | (397,946 | ) | 16.6 | |||||||
Vroom, Inc. | (12,871 | ) | (476,742 | ) | 19.9 | |||||||
Waste Management, Inc. | (6,216 | ) | (921,584 | ) | 38.5 | |||||||
Westinghouse Air Brake Technologies Corp. | (25,871 | ) | (2,195,672 | ) | 91.8 | |||||||
WEX, Inc. | (1,816 | ) | (344,550 | ) | 14.4 | |||||||
Wynn Resorts Ltd. | (4,159 | ) | (408,954 | ) | 17.1 | |||||||
Xerox Holdings Corp. | (2,876 | ) | (69,398 | ) | 2.9 | |||||||
|
|
|
| |||||||||
(120,422,766 | ) | |||||||||||
|
| |||||||||||
Total Reference Entity — Short | (239,258,191 | ) | ||||||||||
|
| |||||||||||
Net Value of Reference Entity — Deutsche Bank A.G. |
| $ | (2,392,294 | ) | ||||||||
|
|
22 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with Goldman Sachs & Co. as of period end, termination dates February 27, 2023 and February 28, 2023:
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Long | ||||||||||||
Common Stocks | ||||||||||||
Argentina | ||||||||||||
MercadoLibre, Inc. | 430 | $ | 674,541 | 39.2 | % | |||||||
|
|
|
| |||||||||
Australia | ||||||||||||
Alumina Ltd. | 922,203 | 1,130,923 | 65.7 | |||||||||
Bendigo & Adelaide Bank Ltd. | 11,590 | 87,983 | 5.1 | |||||||||
CSR Ltd. | 15,694 | 64,379 | 3.7 | |||||||||
Harvey Norman Holdings Ltd. | 321,346 | 1,342,075 | 78.0 | |||||||||
Magellan Financial Group Ltd. | 12,803 | 461,921 | 26.8 | |||||||||
Nine Entertainment Co. Holdings Ltd. | 75,573 | 154,095 | 8.9 | |||||||||
Nufarm Ltd. | 109,384 | 346,943 | 20.2 | |||||||||
Perpetual Ltd. | 4,722 | 130,505 | 7.6 | |||||||||
Platinum Asset Management Ltd. | 103,810 | 312,777 | 18.2 | |||||||||
REA Group Ltd. | 11,899 | 1,417,454 | 82.4 | |||||||||
Scentre Group | 98,821 | 188,673 | 11.0 | |||||||||
Worley Ltd. | 45,409 | 372,872 | 21.7 | |||||||||
|
|
|
| |||||||||
6,010,600 | ||||||||||||
Austria | ||||||||||||
ANDRITZ AG | 16,941 | 932,688 | 54.2 | |||||||||
Wienerberger AG | 7,408 | 302,810 | 17.6 | |||||||||
|
|
|
| |||||||||
1,235,498 | ||||||||||||
Belgium | ||||||||||||
Ageas SA | 10,947 | 578,064 | 33.6 | |||||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Ballard Power Systems, Inc. | 14,580 | 236,066 | 13.7 | |||||||||
Canadian Western Bank | 9,324 | 254,175 | 14.8 | |||||||||
Canfor Corp. | 19,426 | 375,098 | 21.8 | |||||||||
CGI, Inc. | 7,970 | 725,004 | 42.1 | |||||||||
First Capital Real Estate Investment Trust | 7,933 | 115,091 | 6.7 | |||||||||
Franco-Nevada Corp. | 2,415 | 386,272 | 22.5 | |||||||||
Gildan Activewear, Inc. | 2,236 | 77,084 | 4.5 | |||||||||
Hydro One Ltd. | 109,918 | 2,713,590 | 157.7 | |||||||||
Innergex Renewable Energy Inc. | 25,800 | 449,784 | 26.1 | |||||||||
Onex Corp. | 1,868 | 142,391 | 8.3 | |||||||||
Wheaton Precious Metals Corp. | 38,472 | 1,777,125 | 103.3 | |||||||||
|
|
|
| |||||||||
7,251,680 | ||||||||||||
Chile | ||||||||||||
Liberty Latin America Ltd., Class A | 2 | 27 | 0.0 | |||||||||
|
|
|
| |||||||||
Denmark | ||||||||||||
Novozymes A/S, B Shares | 16,758 | 1,316,589 | 76.5 | |||||||||
|
|
|
| |||||||||
Finland | ||||||||||||
Outokumpu OYJ | 47,618 | 339,733 | 19.7 | |||||||||
Valmet OYJ | 1,026 | 42,818 | 2.5 | |||||||||
|
|
|
| |||||||||
382,551 | ||||||||||||
France | ||||||||||||
ALD SA | 33,327 | 487,903 | 28.4 | |||||||||
Alstom SA | 472 | 19,577 | 1.1 | |||||||||
CNP Assurances | 20,749 | 353,327 | 20.5 | |||||||||
Dassault Systemes SE | 16,128 | 889,656 | 51.7 | |||||||||
Hermes International | 651 | 995,233 | 57.9 | |||||||||
Imerys SA | 9,511 | 440,550 | 25.6 | |||||||||
Kering SA | 681 | 610,951 | 35.5 |
Security | Shares | Value | % of Basket Value | |||||||||
France (continued) | ||||||||||||
Klepierre SA | 455 | $ | 11,016 | 0.7 | % | |||||||
La Francaise des Jeux SAEM | 2,994 | 160,179 | 9.3 | |||||||||
Legrand SA | 23,527 | 2,651,396 | 154.1 | |||||||||
L’Oreal SA | 2,551 | 1,167,066 | 67.8 | |||||||||
Societe Generale SA | 11,214 | 328,907 | 19.1 | |||||||||
Teleperformance | 3,583 | 1,511,297 | 87.8 | |||||||||
Valeo SA | 31,000 | 896,390 | 52.1 | |||||||||
Vinci SA | 10,243 | 1,084,472 | 63.0 | |||||||||
|
|
|
| |||||||||
11,607,920 | ||||||||||||
Germany | ||||||||||||
alstria office REIT-AG | 10,909 | 230,804 | 13.4 | |||||||||
Freenet AG | 6,856 | 163,977 | 9.5 | |||||||||
Grand City Properties SA | 4,271 | 113,489 | 6.6 | |||||||||
HelloFresh SE | 2,015 | 188,885 | 11.0 | |||||||||
Rheinmetall AG | 2,933 | 281,450 | 16.4 | |||||||||
Schaeffler AG | 229,118 | 1,995,096 | 115.9 | |||||||||
thyssenkrupp AG | 2,061 | 20,556 | 1.2 | |||||||||
Zalando SE | 27,735 | 3,081,700 | 179.1 | |||||||||
|
|
|
| |||||||||
6,075,957 | ||||||||||||
Hong Kong | ||||||||||||
AIA Group Ltd. | 201,400 | 2,409,904 | 140.0 | |||||||||
Dah Sing Banking Group Ltd. | 144,800 | 149,064 | 8.7 | |||||||||
Haitong International Securities Group Ltd. | 227,000 | 58,502 | 3.4 | |||||||||
Kerry Properties Ltd. | 36,000 | 106,316 | 6.2 | |||||||||
SITC International Holdings Co. Ltd. | 53,000 | 218,645 | 12.7 | |||||||||
Swire Properties Ltd. | 112,800 | 320,821 | 18.6 | |||||||||
Techtronic Industries Co. Ltd. | 48,500 | 864,865 | 50.3 | |||||||||
Yue Yuen Industrial Holdings Ltd. | 46,500 | 98,134 | 5.7 | |||||||||
|
|
|
| |||||||||
4,226,251 | ||||||||||||
Ireland | ||||||||||||
CRH PLC | 4,225 | 211,161 | 12.3 | |||||||||
Kingspan Group PLC | 6,677 | 726,083 | 42.2 | |||||||||
|
|
|
| |||||||||
937,244 | ||||||||||||
Israel | ||||||||||||
Alony Hetz Properties & Investments Ltd. | 10,065 | 137,121 | 8.0 | |||||||||
Gazit-Globe Ltd. | 4,252 | 31,615 | 1.8 | |||||||||
Nova Measuring Instruments Ltd. | 216 | 21,125 | 1.2 | |||||||||
Wix.com Ltd. | 1,604 | 479,018 | 27.9 | |||||||||
|
|
|
| |||||||||
668,879 | ||||||||||||
Italy | ||||||||||||
BPER Banca | 449,784 | 876,859 | 51.0 | |||||||||
Davide Campari-Milano NV | 13,941 | 195,990 | 11.4 | |||||||||
PRADA SpA | 153,800 | 1,205,136 | 70.0 | |||||||||
UnipolSai Assicurazioni SpA | 27,655 | 76,778 | 4.5 | |||||||||
|
|
|
| |||||||||
2,354,763 | ||||||||||||
Japan | ||||||||||||
Amada Co. Ltd. | 74,600 | 766,749 | 44.6 | |||||||||
Asics Corp. | 12,600 | 278,266 | 16.2 | |||||||||
ASKUL Corp. | 21,400 | 323,033 | 18.8 | |||||||||
Azbil Corp. | 29,500 | 1,150,444 | 66.9 | |||||||||
Benesse Holdings, Inc. | 18,200 | 418,799 | 24.3 | |||||||||
Canon Marketing Japan, Inc. | 21,500 | 481,583 | 28.0 | |||||||||
Canon, Inc. | 15,100 | 347,724 | 20.2 | |||||||||
COMSYS Holdings Corp. | 26,800 | 744,840 | 43.3 | |||||||||
Daiichi Sankyo Co. Ltd. | 900 | 17,824 | 1.0 | |||||||||
DIC Corp. | 17,200 | 464,813 | 27.0 | |||||||||
Disco Corp. | 2,300 | 656,780 | 38.2 | |||||||||
Fast Retailing Co. Ltd. | 2,000 | 1,356,406 | 78.8 |
SCHEDULE OF INVESTMENTS | 23 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Fuji Media Holdings, Inc. | 49,600 | $ | 538,106 | 31.3 | % | |||||||
Hamamatsu Photonics KK | 600 | 33,360 | 1.9 | |||||||||
Hikari Tsushin, Inc. | 4,500 | 779,088 | 45.3 | |||||||||
Hoshizaki Corp. | 4,100 | 344,289 | 20.0 | |||||||||
Kansai Paint Co. Ltd. | 4,800 | 117,885 | 6.9 | |||||||||
Kao Corp. | 33,200 | 1,999,016 | 116.2 | |||||||||
KDDI Corp. | 45,800 | 1,400,729 | 81.4 | |||||||||
Kikkoman Corp. | 10,400 | 636,864 | 37.0 | |||||||||
Kirin Holdings Co. Ltd. | 75,100 | 1,373,639 | 79.8 | |||||||||
Komatsu Ltd. | 39,800 | 997,349 | 58.0 | |||||||||
Konica Minolta, Inc. | 97,200 | 499,847 | 29.0 | |||||||||
Kuraray Co. Ltd. | 36,500 | 338,924 | 19.7 | |||||||||
Lawson, Inc. | 13,700 | 688,563 | 40.0 | |||||||||
Maruwa Unyu Kikan Co. Ltd. | 10,300 | 144,438 | 8.4 | |||||||||
Mitsui Mining & Smelting Co. Ltd. | 800 | 22,780 | 1.3 | |||||||||
MonotaRO Co. Ltd. | 43,800 | 1,007,520 | 58.6 | |||||||||
Nankai Electric Railway Co. Ltd. | 29,900 | 634,928 | 36.9 | |||||||||
NGK Spark Plug Co. Ltd. | 15,600 | 229,744 | 13.4 | |||||||||
Nikon Corp. | 61,700 | 574,387 | 33.4 | |||||||||
Nippon Paper Industries Co. Ltd. | 3,000 | 35,068 | 2.0 | |||||||||
Nippon Television Holdings, Inc. | 49,400 | 549,241 | 31.9 | |||||||||
Obic Co. Ltd. | 8,600 | 1,511,479 | 87.8 | |||||||||
Omron Corp. | 45,000 | 3,850,876 | 223.8 | |||||||||
Recruit Holdings Co. Ltd. | 16,100 | 834,473 | 48.5 | |||||||||
Secom Co. Ltd. | 15,100 | 1,142,927 | 66.4 | |||||||||
Shimadzu Corp. | 11,300 | 455,734 | 26.5 | |||||||||
SKY Perfect JSAT Holdings Inc. | 71,900 | 272,016 | 15.8 | |||||||||
Sumitomo Chemical Co. Ltd. | 551,600 | 2,871,362 | 166.9 | |||||||||
Sumitomo Corp. | 234,100 | 3,181,397 | 184.9 | |||||||||
Suntory Beverage & Food Ltd. | 26,600 | 932,661 | 54.2 | |||||||||
Takeda Pharmaceutical Co. Ltd. | 8,500 | 282,935 | 16.4 | |||||||||
Teijin Ltd. | 35,000 | 526,994 | 30.6 | |||||||||
Terumo Corp. | 15,000 | 582,161 | 33.8 | |||||||||
Toray Industries, Inc. | 65,600 | 431,923 | 25.1 | |||||||||
Trend Micro, Inc. | 27,800 | 1,447,354 | 84.1 | |||||||||
Yamada Holdings Co. Ltd. | 547,400 | 2,586,163 | 150.3 | |||||||||
Yamaguchi Financial Group, Inc. | 17,300 | 99,455 | 5.8 | |||||||||
Yamaha Corp. | 3,900 | 216,115 | 12.6 | |||||||||
Yaskawa Electric Corp. | 6,800 | 336,714 | 19.6 | |||||||||
Yokogawa Electric Corp. | 7,600 | 116,920 | 6.8 | |||||||||
Yokohama Rubber Co. Ltd. | 5,700 | 113,820 | 6.6 | |||||||||
|
|
|
| |||||||||
41,746,505 | ||||||||||||
Luxembourg | ||||||||||||
RTL Group SA | 18,519 | 1,048,420 | 60.9 | |||||||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
Basic-Fit NV | 13,953 | 644,926 | 37.5 | |||||||||
IMCD NV | 442 | 76,582 | 4.5 | |||||||||
JDE Peet’s NV | 4,141 | 139,410 | 8.1 | |||||||||
PostNL NV | 120,624 | 652,767 | 37.9 | |||||||||
|
|
|
| |||||||||
1,513,685 | ||||||||||||
Norway | ||||||||||||
Norsk Hydro ASA | 14,237 | 94,723 | 5.5 | |||||||||
Salmar ASA | 6,939 | 460,276 | 26.8 | |||||||||
|
|
|
| |||||||||
554,999 | ||||||||||||
Spain | ||||||||||||
Atlantica Sustainable Infrastructure PLC | 33,440 | 1,329,574 | 77.3 |
Security | Shares | Value | % of Basket Value | |||||||||
Spain (continued) | ||||||||||||
Banco de Sabadell SA | 1,146,267 | $ | 796,941 | 46.3 | % | |||||||
Industria de Diseno Textil SA | 17,293 | 586,516 | 34.1 | |||||||||
|
|
|
| |||||||||
2,713,031 | ||||||||||||
Sweden | ||||||||||||
Elekta AB | 18,695 | 272,863 | 15.8 | |||||||||
H & M Hennes & Mauritz AB, B Shares | 29,528 | 617,334 | 35.9 | |||||||||
ICA Gruppen AB | 5,085 | 251,344 | 14.6 | |||||||||
Intrum AB | 29,540 | 915,302 | 53.2 | |||||||||
Nibe Industrier AB, B Shares | 109,733 | 1,311,307 | 76.2 | |||||||||
Saab AB | 33,944 | 1,029,956 | 59.9 | |||||||||
Samhallsbyggnadsbolaget i Norden AB | 70,913 | 355,290 | 20.6 | |||||||||
Vimian Group AB | 67,060 | 895,857 | 52.1 | |||||||||
|
|
|
| |||||||||
5,649,253 | ||||||||||||
Switzerland | ||||||||||||
Givaudan SA | 142 | 708,756 | 41.2 | |||||||||
Kuehne + Nagel International AG | 139 | 46,889 | 2.7 | |||||||||
PSP Swiss Property AG, Registered Shares | 1,017 | 137,629 | 8.0 | |||||||||
Sika AG | 7,899 | 2,782,584 | 161.7 | |||||||||
Swiss Life Holding AG | 1,472 | 759,262 | 44.1 | |||||||||
Tecan Group AG | 452 | 260,654 | 15.2 | |||||||||
|
|
|
| |||||||||
4,695,774 | ||||||||||||
United Kingdom | ||||||||||||
Ashmore Group PLC | 64,601 | 341,156 | 19.8 | |||||||||
Ashtead Group PLC | 4,653 | 348,181 | 20.2 | |||||||||
Bridgepoint Group Ltd. | 212,665 | 1,433,682 | 83.3 | |||||||||
Burberry Group PLC | 18,874 | 541,372 | 31.5 | |||||||||
Croda International PLC | 38,114 | 4,461,672 | 259.3 | |||||||||
Diploma PLC | 5,325 | 218,747 | 12.7 | |||||||||
Fevertree Drinks PLC | 13,956 | 463,827 | 27.0 | |||||||||
Games Workshop Group PLC | 3,502 | 553,467 | 32.2 | |||||||||
Greggs PLC | 10,841 | 415,403 | 24.2 | |||||||||
HomeServe PLC | 197,122 | 2,561,898 | 148.9 | |||||||||
Howden Joinery Group PLC | 6,948 | 86,649 | 5.0 | |||||||||
Intertek Group PLC | 14,818 | �� | 1,061,650 | 61.7 | ||||||||
ITV PLC | 807,897 | 1,256,240 | 73.0 | |||||||||
John Wood Group PLC | 127,524 | 386,292 | 22.5 | |||||||||
Just Eat Takeaway.com NV | 9,286 | 824,603 | 47.9 | |||||||||
Moneysupermarket.com Group PLC | 3 | 11 | 0.0 | |||||||||
Nomad Foods Ltd. | 21,421 | 559,517 | 32.5 | |||||||||
Pennon Group PLC | 2,458 | 43,616 | 2.5 | |||||||||
Phoenix Group Holdings PLC | 118,401 | 1,115,791 | 64.9 | |||||||||
Primary Health Properties PLC | 69,114 | 157,227 | 9.1 | |||||||||
Schroders PLC | 5,592 | 283,985 | 16.5 | |||||||||
Spirax-Sarco Engineering PLC | 4,103 | 854,855 | 49.7 | |||||||||
Virgin Money UK PLC | 29,320 | 81,038 | 4.7 | |||||||||
|
|
|
| |||||||||
18,050,879 | ||||||||||||
United States | ||||||||||||
3D Systems Corp. | 524 | 14,431 | 0.8 | |||||||||
Adobe, Inc. | 3,195 | 1,986,108 | 115.4 | |||||||||
Advanced Micro Devices, Inc. | 12,494 | 1,326,738 | 77.1 | |||||||||
Agilent Technologies, Inc. | 12,585 | 1,928,400 | 112.1 | |||||||||
Agree Realty Corp. | 2,984 | 224,248 | 13.0 | |||||||||
Airbnb, Inc., Class A | 6,766 | 974,372 | 56.6 | |||||||||
Akamai Technologies, Inc. | 8,157 | 978,187 | 56.9 | |||||||||
Alarm.com Holdings, Inc. | 8,850 | 736,497 | 42.8 | |||||||||
Align Technology, Inc. | 509 | 354,162 | 20.6 | |||||||||
Allogene Therapeutics, Inc. | 26,803 | 588,326 | 34.2 | |||||||||
Alteryx, Inc., Class A | 3,782 | 292,727 | 17.0 |
24 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Amazon.com, Inc. | 855 | $ | 2,845,089 | 165.4 | % | |||||||
Ambarella, Inc. | 18,642 | 1,836,051 | 106.7 | |||||||||
Amedisys, Inc. | 331 | 86,265 | 5.0 | |||||||||
Appian Corp. | 89 | 10,362 | 0.6 | |||||||||
Apple, Inc. | 7,915 | 1,154,482 | 67.1 | |||||||||
Arista Networks, Inc. | 122 | 46,408 | 2.7 | |||||||||
ASGN, Inc. | 12,647 | 1,278,991 | 74.3 | |||||||||
Atlassian Corp. PLC, Class A | 8,386 | 2,726,456 | 158.5 | |||||||||
Axon Enterprise, Inc. | 6,321 | 1,175,832 | 68.3 | |||||||||
Bandwidth, Inc., Class A | 378 | 49,011 | 2.9 | |||||||||
Blackline, Inc. | 4,474 | 511,781 | 29.7 | |||||||||
Booking Holdings, Inc. | 2,012 | 4,382,659 | 254.7 | |||||||||
BorgWarner, Inc. | 26,489 | 1,297,431 | 75.4 | |||||||||
Boston Beer Co., Inc., Class A | 178 | 126,380 | 7.4 | |||||||||
Cardlytics, Inc. | 1,976 | 248,897 | 14.5 | |||||||||
Carter’s, Inc. | 16,760 | 1,638,122 | 95.2 | |||||||||
Chegg, Inc. | 6,760 | 599,139 | 34.8 | |||||||||
Ciena Corp. | 4,197 | 244,014 | 14.2 | |||||||||
Cigna Corp. | 3,461 | 794,265 | 46.2 | |||||||||
Clean Harbors, Inc. | 17,034 | 1,618,230 | 94.1 | |||||||||
CMC Materials, Inc. | 5,483 | 793,061 | 46.1 | |||||||||
Cogent Communications Holdings, Inc. | 11,449 | 888,557 | 51.6 | |||||||||
Consolidated Edison, Inc. | 16,985 | 1,252,983 | 72.8 | |||||||||
Constellium SE | 78,158 | 1,474,841 | 85.7 | |||||||||
CoStar Group, Inc. | 46,209 | 4,105,670 | 238.6 | |||||||||
Crimson Wine Group Ltd. | 1 | 9 | 0.0 | |||||||||
CyberArk Software Ltd. | 646 | 91,751 | 5.3 | |||||||||
D.R. Horton, Inc. | 2,643 | 252,221 | 14.7 | |||||||||
Edison International | 60,400 | 3,291,800 | 191.3 | |||||||||
Elastic NV | 5,538 | 819,956 | 47.7 | |||||||||
Entergy Corp. | 7,800 | 802,776 | 46.7 | |||||||||
EOG Resources, Inc. | 9,615 | 700,549 | 40.7 | |||||||||
Equifax, Inc. | 937 | 244,182 | 14.2 | |||||||||
Equinix, Inc. | 1,845 | 1,513,656 | 88.0 | |||||||||
Equity Residential | 26,804 | 2,255,020 | 131.1 | |||||||||
Erie Indemnity Co., Class A | 5,141 | 950,519 | 55.2 | |||||||||
Essent Group Ltd. | 4,670 | 210,944 | 12.3 | |||||||||
Everest Re Group Ltd. | 1,370 | 346,377 | 20.1 | |||||||||
eXp World Holdings, Inc. | 747 | 26,832 | 1.6 | |||||||||
Expeditors International of Washington, Inc. | 7,816 | 1,002,402 | 58.3 | |||||||||
Ferguson PLC | 6,227 | 872,957 | 50.7 | |||||||||
Flex Ltd. | 39,472 | 709,312 | 41.2 | |||||||||
Flowers Foods, Inc. | 9,522 | 224,338 | 13.0 | |||||||||
FNB Corp. | 10,854 | 124,387 | 7.2 | |||||||||
Fortinet, Inc. | 1,898 | 516,711 | 30.0 | |||||||||
Freshpet, Inc. | 2,707 | 396,440 | 23.0 | |||||||||
Gap, Inc. | 8,174 | 238,436 | 13.9 | |||||||||
Grand Canyon Education, Inc. | 4,193 | 387,307 | 22.5 | |||||||||
Guidewire Software, Inc. | 2,444 | 281,549 | 16.4 | |||||||||
Hanover Insurance Group, Inc. | 714 | 97,033 | 5.6 | |||||||||
Hartford Financial Services Group, Inc. | 15,520 | 987,382 | 57.4 | |||||||||
Healthcare Trust of America, Inc., Class A | 24,812 | 709,375 | 41.2 | |||||||||
HEICO Corp. | 2,549 | 344,752 | 20.0 | |||||||||
HEICO Corp., Class A | 115 | 13,948 | 0.8 | |||||||||
Hewlett Packard Enterprise Co. | 7,762 | 112,549 | 6.5 | |||||||||
Hexcel Corp. | 14,228 | 774,288 | 45.0 | |||||||||
HubSpot, Inc. | 2,931 | 1,746,935 | 101.5 | |||||||||
ICU Medical, Inc. | 2,987 | 607,227 | 35.3 | |||||||||
Insulet Corp. | 2,456 | 686,919 | 39.9 | |||||||||
Interactive Brokers Group, Inc., Class A | 27,210 | 1,683,211 | 97.8 | |||||||||
International Game Technology PLC | 9,708 | 182,025 | 10.6 | |||||||||
Intuit, Inc. | 1,647 | 872,861 | 50.7 |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Invesco Ltd. | 25,094 | $ | 611,792 | 35.6 | % | |||||||
Iron Mountain, Inc. | 23,513 | 1,028,929 | 59.8 | |||||||||
Kellogg Co. | 1,307 | 82,812 | 4.8 | |||||||||
Kilroy Realty Corp. | 11,550 | 800,068 | 46.5 | |||||||||
Kinder Morgan, Inc. | 48,575 | 844,233 | 49.1 | |||||||||
Landstar System, Inc. | 9,347 | 1,467,479 | 85.3 | |||||||||
Lennox International, Inc. | 4,023 | 1,325,297 | 77.0 | |||||||||
Levi Strauss & Co., Class A | 16,473 | 453,337 | 26.4 | |||||||||
LHC Group, Inc. | 3,621 | 779,167 | 45.3 | |||||||||
LivePerson, Inc. | 1,795 | 114,324 | 6.7 | |||||||||
Martin Marietta Materials, Inc. | 2,707 | 983,453 | 57.2 | |||||||||
Medical Properties Trust, Inc. | 107,928 | 2,269,726 | 131.9 | |||||||||
Medpace Holdings, Inc. | 1,637 | 288,014 | 16.7 | |||||||||
Mercury Systems, Inc. | 11,812 | 779,592 | 45.3 | |||||||||
Meritage Homes Corp. | 4,039 | 438,555 | 25.5 | |||||||||
Molson Coors Beverage Co., Class B | 11,276 | 551,284 | 32.0 | |||||||||
MongoDB, Inc. | 916 | 328,771 | 19.1 | |||||||||
Moody’s Corp. | 1,274 | 479,024 | 27.8 | |||||||||
Morningstar, Inc. | 1,603 | 404,966 | 23.5 | |||||||||
Motorola Solutions, Inc. | 384 | 85,985 | 5.0 | |||||||||
MSCI, Inc. | 130 | 77,475 | 4.5 | |||||||||
National Retail Properties, Inc. | 13,007 | 635,652 | 36.9 | |||||||||
NetApp, Inc. | 5,785 | 460,428 | 26.8 | |||||||||
New Relic, Inc. | 1,321 | 91,255 | 5.3 | |||||||||
New York Community Bancorp, Inc. | 153,448 | 1,807,617 | 105.1 | |||||||||
New York Times Co., Class A | 4,685 | 205,109 | 11.9 | |||||||||
NVIDIA Corp. | 22,810 | 4,447,722 | 258.5 | |||||||||
Okta, Inc. | 7,136 | 1,768,229 | 102.8 | |||||||||
Opendoor Technologies Inc. | 775 | 11,485 | 0.7 | |||||||||
Paycom Software, Inc. | 4,666 | 1,866,400 | 108.5 | |||||||||
PayPal Holdings, Inc. | 1,781 | 490,719 | 28.5 | |||||||||
Pegasystems, Inc. | 1,216 | 155,210 | 9.0 | |||||||||
Penumbra, Inc. | 1,397 | 371,923 | 21.6 | |||||||||
Pioneer Natural Resources Co. | 3,578 | 520,134 | 30.2 | |||||||||
PROG Holdings, Inc. | 5,884 | 257,543 | 15.0 | |||||||||
Progyny, Inc. | 9,528 | 530,614 | 30.8 | |||||||||
Prologis, Inc. | 9,699 | 1,241,860 | 72.2 | |||||||||
Ralph Lauren Corp. | 17,936 | 2,036,095 | 118.3 | |||||||||
Reinsurance Group of America, Inc. | 1,814 | 199,866 | 11.6 | |||||||||
Resideo Technologies, Inc. | 1,272 | 37,524 | 2.2 | |||||||||
Ryder System, Inc. | 15,045 | 1,145,677 | 66.6 | |||||||||
S&P Global, Inc. | 3,124 | 1,339,321 | 77.8 | |||||||||
SailPoint Technologies Holding, Inc. | 31,536 | 1,576,485 | 91.6 | |||||||||
salesforce.com, Inc. | 3,949 | 955,382 | 55.5 | |||||||||
SBA Communications Corp. | 1,487 | 507,052 | 29.5 | |||||||||
Schneider Electric SE | 17,367 | 2,908,770 | 169.1 | |||||||||
Scotts Miracle-Gro Co. | 2,033 | 359,760 | 20.9 | |||||||||
ServiceNow, Inc. | 1,452 | 853,616 | 49.6 | |||||||||
Shake Shack, Inc., Class A | 8,094 | 813,771 | 47.3 | |||||||||
Silicon Laboratories, Inc. | 4,129 | 615,180 | 35.8 | |||||||||
Sims Ltd. | 63,778 | 771,016 | 44.8 | |||||||||
Sirius XM Holdings, Inc. | 328,976 | 2,128,475 | 123.7 | |||||||||
SiteOne Landscape Supply, Inc. | 3,813 | 666,436 | 38.7 | |||||||||
Snap, Inc., Class A | 7,382 | 549,368 | 31.9 | |||||||||
SolarEdge Technologies, Inc. | 1,357 | 352,114 | 20.5 | |||||||||
Spirit Realty Capital, Inc. | 645 | 32,392 | 1.9 | |||||||||
Stifel Financial Corp. | 2 | 133 | 0.0 | |||||||||
Sunnova Energy International, Inc. | 6,816 | 259,690 | 15.1 | |||||||||
Sunrun, Inc. | 6,793 | 359,825 | 20.9 | |||||||||
Tandem Diabetes Care, Inc. | 20,352 | 2,211,652 | 128.5 | |||||||||
Terminix Global Holdings, Inc. | 5,882 | 308,805 | 18.0 | |||||||||
Timken Co. | 14,102 | 1,121,109 | 65.2 |
SCHEDULE OF INVESTMENTS | 25 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Under Armour, Inc., Class A | 6,910 | $ | 141,309 | 8.2 | % | |||||||
Universal Display Corp. | 2,028 | 475,546 | 27.6 | |||||||||
Varonis Systems, Inc. | 7,849 | 480,359 | 27.9 | |||||||||
Veeva Systems, Inc., Class A | 1,297 | 431,525 | 25.1 | |||||||||
Visa, Inc., Class A | 5,695 | 1,403,191 | 81.6 | |||||||||
VMware, Inc., Class A | 370 | 56,884 | 3.3 | |||||||||
Voya Financial, Inc. | 2,735 | 176,134 | 10.2 | |||||||||
Vulcan Materials Co. | 1,881 | 338,561 | 19.7 | |||||||||
W.R. Berkley Corp. | 35,327 | 2,584,877 | 150.2 | |||||||||
Wendy’s Co. | 37,016 | 859,141 | 49.9 | |||||||||
Westlake Chemical Corp. | 3,455 | 286,489 | 16.7 | |||||||||
Willis Towers Watson PLC | 4,717 | 972,079 | 56.5 | |||||||||
Wintrust Financial Corp. | 8,304 | 592,906 | 34.5 | |||||||||
Workday, Inc., Class A | 7,219 | 1,692,134 | 98.4 | |||||||||
World Wrestling Entertainment, Inc., Class A | 6,670 | 329,365 | 19.1 | |||||||||
WP Carey, Inc. | 423 | 34,132 | 2.0 | |||||||||
Zillow Group, Inc., Class A | 2,345 | 251,220 | 14.6 | |||||||||
|
|
|
| |||||||||
127,939,658 | ||||||||||||
|
| |||||||||||
Total Reference Entity — Long |
| 247,232,768 | ||||||||||
|
| |||||||||||
Reference Entity — Short |
| |||||||||||
Common Stocks |
| |||||||||||
Australia | ||||||||||||
Afterpay Ltd. | (1,911 | ) | (135,838 | ) | (7.9 | ) | ||||||
Altium Ltd. | (35,512 | ) | (886,915 | ) | (51.5 | ) | ||||||
Australia & New Zealand Banking Group Ltd. | (7,499 | ) | (152,669 | ) | (8.9 | ) | ||||||
Boral Ltd. | (15,351 | ) | (81,133 | ) | (4.7 | ) | ||||||
Chalice Mining Ltd. | (46,340 | ) | (246,601 | ) | (14.3 | ) | ||||||
CIMIC Group Ltd. | (197,295 | ) | (2,991,654 | ) | (173.9 | ) | ||||||
Coles Group Ltd. | (24,024 | ) | (309,178 | ) | (18.0 | ) | ||||||
Crown Resorts Ltd. | (54,377 | ) | (344,988 | ) | (20.1 | ) | ||||||
Domino’s Pizza Enterprises Ltd. | (7,779 | ) | (669,307 | ) | (38.9 | ) | ||||||
Endeavour Group Ltd. | (144,694 | ) | (703,998 | ) | (40.9 | ) | ||||||
Fortescue Metals Group Ltd. | (1,066 | ) | (19,479 | ) | (1.1 | ) | ||||||
Incitec Pivot Ltd. | (1,255,310 | ) | (2,474,534 | ) | (143.8 | ) | ||||||
Lynas Rare Earths Ltd. | (241,576 | ) | (1,305,723 | ) | (75.9 | ) | ||||||
National Australia Bank Ltd. | (41,141 | ) | (784,548 | ) | (45.6 | ) | ||||||
NEXTDC Ltd. | (247,696 | ) | (2,328,357 | ) | (135.3 | ) | ||||||
OZ Minerals Ltd. | (1,721 | ) | (29,275 | ) | (1.7 | ) | ||||||
Pilbara Minerals Ltd. | (181,616 | ) | (236,319 | ) | (13.7 | ) | ||||||
PointsBet Holdings Ltd. | (1,210 | ) | (11,139 | ) | (0.7 | ) | ||||||
Qantas Airways Ltd. | (195,887 | ) | (660,340 | ) | (38.4 | ) | ||||||
Rio Tinto PLC | (14,663 | ) | (1,245,481 | ) | (72.4 | ) | ||||||
Santos Ltd. | (307,707 | ) | (1,452,033 | ) | (84.4 | ) | ||||||
Woolworths Group Ltd. | (15,913 | ) | (452,630 | ) | (26.3 | ) | ||||||
|
|
|
| |||||||||
(17,522,139 | ) | |||||||||||
Austria | ||||||||||||
OMV AG | (4,204 | ) | (226,990 | ) | (13.2 | ) | ||||||
|
|
|
| |||||||||
Belgium | ||||||||||||
Sofina SA | (3,382 | ) | (1,585,764 | ) | (92.2 | ) | ||||||
UCB SA | (22,614 | ) | (2,445,869 | ) | (142.1 | ) | ||||||
|
|
|
| |||||||||
(4,031,633 | ) | |||||||||||
Canada | ||||||||||||
Bank of Montreal | (13,464 | ) | (1,333,126 | ) | (77.5 | ) | ||||||
Boyd Group Services, Inc. | (198 | ) | (38,783 | ) | (2.3 | ) | ||||||
Brookfield Asset Management Reinsurance Partners Ltd., Class A | (19,540 | ) | (1,057,816 | ) | (61.5 | ) | ||||||
Brookfield Asset Management, Inc., Class A | (2,675 | ) | (144,406 | ) | (8.4 | ) | ||||||
Canadian National Railway Co. | (8,777 | ) | (953,679 | ) | (55.4 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Canada (continued) | ||||||||||||
Canadian Pacific Railway Ltd. | (18,445 | ) | $ | (1,369,626 | ) | (79.6 | )% | |||||
Canadian Solar, Inc. | (7,328 | ) | (294,952 | ) | (17.1 | ) | ||||||
Centerra Gold, Inc. | (89,181 | ) | (716,965 | ) | (41.7 | ) | ||||||
Dollarama, Inc. | (24,880 | ) | (1,171,609 | ) | (68.1 | ) | ||||||
Dye & Durham Ltd. | (12,209 | ) | (461,605 | ) | (26.8 | ) | ||||||
Empire Co. Ltd. | (935 | ) | (30,705 | ) | (1.8 | ) | ||||||
Kinross Gold Corp. | (247,283 | ) | (1,619,351 | ) | (94.1 | ) | ||||||
Metro, Inc. | (7,547 | ) | (391,384 | ) | (22.8 | ) | ||||||
Pan American Silver Corp. | (21,047 | ) | (590,956 | ) | (34.3 | ) | ||||||
Saputo, Inc. | (28,753 | ) | (829,679 | ) | (48.2 | ) | ||||||
Stelco Holdings, Inc. | (1,107 | ) | (36,557 | ) | (2.1 | ) | ||||||
TransAlta Corp. | (69,250 | ) | (722,141 | ) | (42.0 | ) | ||||||
West Fraser Timber Co. Ltd. | (946 | ) | (67,856 | ) | (3.9 | ) | ||||||
|
|
|
| |||||||||
(11,831,196 | ) | |||||||||||
Finland | ||||||||||||
Huhtamaki OYJ | (24,453 | ) | (1,302,375 | ) | (75.7 | ) | ||||||
Stora Enso OYJ | (60,168 | ) | (1,191,427 | ) | (69.2 | ) | ||||||
TietoEVRY OYJ | (15,834 | ) | (532,567 | ) | (31.0 | ) | ||||||
|
|
|
| |||||||||
(3,026,369 | ) | |||||||||||
France | ||||||||||||
Adevinta ASA | (39,700 | ) | (763,327 | ) | (44.4 | ) | ||||||
Bollore SA | (327,362 | ) | (1,829,404 | ) | (106.3 | ) | ||||||
Capgemini SE | (3,999 | ) | (864,395 | ) | (50.2 | ) | ||||||
Dassault Aviation SA | (32 | ) | (38,101 | ) | (2.2 | ) | ||||||
Eurazeo SE | (17,300 | ) | (1,675,701 | ) | (97.4 | ) | ||||||
SEB SA | (6,955 | ) | (1,155,630 | ) | (67.2 | ) | ||||||
SOITEC | (5,798 | ) | (1,390,056 | ) | (80.8 | ) | ||||||
Ubisoft Entertainment SA | (21,553 | ) | (1,366,326 | ) | (79.4 | ) | ||||||
|
|
|
| |||||||||
(9,082,940 | ) | |||||||||||
Germany | ||||||||||||
Auto1 Group SE | (5,849 | ) | (286,277 | ) | (16.6 | ) | ||||||
Eckert & Ziegler Strahlen- und Medizintechnik AG | (372 | ) | (51,167 | ) | (3.0 | ) | ||||||
Flatex AG | (2,992 | ) | (361,556 | ) | (21.0 | ) | ||||||
Porsche Automobil Holding SE | (1,817 | ) | (196,656 | ) | (11.4 | ) | ||||||
RWE AG | (8,400 | ) | (298,668 | ) | (17.4 | ) | ||||||
Siemens Healthineers AG | (882 | ) | (58,231 | ) | (3.4 | ) | ||||||
Uniper SE | (53,145 | ) | (2,074,937 | ) | (120.6 | ) | ||||||
Volkswagen AG | (67 | ) | (22,236 | ) | (1.3 | ) | ||||||
|
|
|
| |||||||||
(3,349,728 | ) | |||||||||||
Hong Kong | ||||||||||||
Chow Tai Fook Jewellery Group Ltd. | (16,000 | ) | (33,544 | ) | (1.9 | ) | ||||||
CK Hutchison Holdings Ltd. | (87,500 | ) | (639,301 | ) | (37.2 | ) | ||||||
CLP Holdings Ltd. | (315,500 | ) | (3,253,253 | ) | (189.1 | ) | ||||||
Hutchison Telecommunications Hong Kong Holdings Ltd. | (1,310,000 | ) | (254,835 | ) | (14.8 | ) | ||||||
Jardine Matheson Holdings Ltd. | (39,800 | ) | (2,367,926 | ) | (137.6 | ) | ||||||
Melco International Development Ltd. | (1,227,000 | ) | (1,959,464 | ) | (113.9 | ) | ||||||
Sino Land Co. Ltd. | (62,000 | ) | (95,007 | ) | (5.5 | ) | ||||||
WH Group Ltd. | (2,571,000 | ) | (2,130,246 | ) | (123.8 | ) | ||||||
|
|
|
| |||||||||
(10,733,576 | ) | |||||||||||
Ireland | ||||||||||||
AerCap Holdings NV | (2,079 | ) | (110,187 | ) | (6.4 | ) | ||||||
Smurfit Kappa Group PLC | (15,652 | ) | (882,992 | ) | (51.3 | ) | ||||||
|
|
|
| |||||||||
(993,179 | ) | |||||||||||
Israel | ||||||||||||
Azrieli Group Ltd. | (9,112 | ) | (725,721 | ) | (42.2 | ) | ||||||
Cognyte Software Ltd. | (28,134 | ) | (730,640 | ) | (42.5 | ) | ||||||
Global-e Online Ltd. | (5,391 | ) | (375,429 | ) | (21.8 | ) |
26 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Israel (continued) | ||||||||||||
ICL Ltd. | (159,192 | ) | $ | (1,160,047 | ) | (67.4 | )% | |||||
Maytronics Ltd. | (23,858 | ) | (518,955 | ) | (30.2 | ) | ||||||
Teva Pharmaceutical Industries Ltd. | (4,476 | ) | (43,135 | ) | (2.5 | ) | ||||||
|
|
|
| |||||||||
(3,553,927 | ) | |||||||||||
Italy | ||||||||||||
DiaSorin SpA | (207 | ) | (42,011 | ) | (2.5 | ) | ||||||
Ferrari NV | (1,683 | ) | (366,790 | ) | (21.3 | ) | ||||||
|
|
|
| |||||||||
(408,801 | ) | |||||||||||
Japan | ||||||||||||
AEON Financial Service Co. Ltd. | (5,400 | ) | (66,528 | ) | (3.9 | ) | ||||||
Ain Holdings, Inc. | (4,600 | ) | (280,097 | ) | (16.3 | ) | ||||||
Ariake Japan Co. Ltd. | (800 | ) | (46,438 | ) | (2.7 | ) | ||||||
Bank of Kyoto Ltd. | (18,100 | ) | (779,465 | ) | (45.3 | ) | ||||||
Chubu Electric Power Co., Inc. | (94,100 | ) | (1,129,253 | ) | (65.6 | ) | ||||||
Cosmo Energy Holdings Co. Ltd. | (28,400 | ) | (660,506 | ) | (38.4 | ) | ||||||
Daido Steel Co. Ltd. | (900 | ) | (42,487 | ) | (2.5 | ) | ||||||
Daito Trust Construction Co. Ltd. | (12,600 | ) | (1,480,373 | ) | (86.0 | ) | ||||||
DeNA Co. Ltd. | (21,500 | ) | (404,843 | ) | (23.5 | ) | ||||||
Fujitsu General Ltd. | (41,800 | ) | (1,078,291 | ) | (62.7 | ) | ||||||
Hachijuni Bank Ltd. | (42,000 | ) | (135,880 | ) | (7.9 | ) | ||||||
Hirogin Holdings, Inc. | (133,800 | ) | (719,971 | ) | (41.8 | ) | ||||||
Hokuriku Electric Power Co. | (24,500 | ) | (127,868 | ) | (7.4 | ) | ||||||
Ichigo, Inc. | (355,600 | ) | (1,067,646 | ) | (62.1 | ) | ||||||
Iida Group Holdings Co. Ltd. | (72,400 | ) | (1,747,062 | ) | (101.5 | ) | ||||||
Invincible Investment Corp. | (832 | ) | (326,866 | ) | (19.0 | ) | ||||||
IR Japan Holdings Ltd. | (2,200 | ) | (272,241 | ) | (15.8 | ) | ||||||
Iwatani Corp. | (10,400 | ) | (597,469 | ) | (34.7 | ) | ||||||
Japan Airlines Co. Ltd. | (30,600 | ) | (637,930 | ) | (37.1 | ) | ||||||
Japan Airport Terminal Co. Ltd. | (2,000 | ) | (86,428 | ) | (5.0 | ) | ||||||
Japan Exchange Group, Inc. | (1,100 | ) | (25,020 | ) | (1.5 | ) | ||||||
Japan Hotel REIT Investment Corp. | (21 | ) | (12,806 | ) | (0.7 | ) | ||||||
Japan Logistics Fund, Inc. | (263 | ) | (798,030 | ) | (46.4 | ) | ||||||
Japan Retail Fund Investment Corp. | (573 | ) | (600,238 | ) | (34.9 | ) | ||||||
Japan Steel Works Ltd. | (39,300 | ) | (966,773 | ) | (56.2 | ) | ||||||
JSR Corp. | (4,500 | ) | (150,840 | ) | (8.8 | ) | ||||||
Justsystems Corp. | (5,500 | ) | (319,535 | ) | (18.6 | ) | ||||||
Keikyu Corp. | (2,800 | ) | (33,265 | ) | (1.9 | ) | ||||||
Keisei Electric Railway Co. Ltd. | (37,000 | ) | (1,101,955 | ) | (64.0 | ) | ||||||
Kotobuki Spirits Co. Ltd. | (2,900 | ) | (173,910 | ) | (10.1 | ) | ||||||
Kurita Water Industries Ltd. | (13,600 | ) | (660,532 | ) | (38.4 | ) | ||||||
Mitsubishi Corp. | (76,900 | ) | (2,156,950 | ) | (125.4 | ) | ||||||
Mitsubishi Gas Chemical Co., Inc. | (12,600 | ) | (262,469 | ) | (15.3 | ) | ||||||
Mitsui & Co. Ltd. | (1,600 | ) | (36,454 | ) | (2.1 | ) | ||||||
Mitsui Fudosan Co. Ltd. | (27,900 | ) | (652,504 | ) | (37.9 | ) | ||||||
Mitsui Fudosan Logistics Park, Inc. | (159 | ) | (889,896 | ) | (51.7 | ) | ||||||
Mitsui High-Tec, Inc. | (5,000 | ) | (292,880 | ) | (17.0 | ) | ||||||
Monex Group, Inc. | (50,000 | ) | (315,145 | ) | (18.3 | ) | ||||||
Morinaga Milk Industry Co. Ltd. | (33,400 | ) | (1,871,513 | ) | (108.8 | ) | ||||||
Nippo Corp. | (38,600 | ) | (1,072,269 | ) | (62.3 | ) | ||||||
Nippon Kayaku Co. Ltd. | (36,900 | ) | (382,652 | ) | (22.2 | ) | ||||||
Nishi-Nippon Railroad Co. Ltd. | (5,300 | ) | (127,047 | ) | (7.4 | ) | ||||||
NOF Corp. | (11,300 | ) | (574,767 | ) | (33.4 | ) | ||||||
Oji Holdings Corp. | (183,000 | ) | (1,055,083 | ) | (61.3 | ) | ||||||
Orient Corp. | (115,900 | ) | (145,473 | ) | (8.5 | ) | ||||||
Persol Holdings Co. Ltd. | (8,900 | ) | (179,561 | ) | (10.4 | ) | ||||||
Renesas Electronics Corp. | (46,800 | ) | (507,950 | ) | (29.5 | ) | ||||||
Ryohin Keikaku Co. Ltd. | (26,000 | ) | (527,441 | ) | (30.7 | ) | ||||||
Sapporo Holdings Ltd. | (13,900 | ) | (295,581 | ) | (17.2 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Sekisui Chemical Co. Ltd. | (25,500 | ) | $ | (440,014 | ) | (25.6 | )% | |||||
Shionogi & Co. Ltd. | (6,800 | ) | (358,120 | ) | (20.8 | ) | ||||||
Shochiku Co. Ltd. | (2,600 | ) | (282,827 | ) | (16.4 | ) | ||||||
Square Enix Holdings Co. Ltd. | (14,400 | ) | (747,169 | ) | (43.4 | ) | ||||||
Sugi Holdings Co. Ltd. | (4,000 | ) | (295,186 | ) | (17.2 | ) | ||||||
Sumitomo Bakelite Co. Ltd. | (20,500 | ) | (892,344 | ) | (51.9 | ) | ||||||
Sumitomo Realty & Development Co. Ltd. | (38,000 | ) | (1,238,542 | ) | (72.0 | ) | ||||||
Taiyo Nippon Sanso Corp. | (25,800 | ) | (571,110 | ) | (33.2 | ) | ||||||
Toho Co. Ltd. | (9,800 | ) | (426,638 | ) | (24.8 | ) | ||||||
Toho Gas Co. Ltd. | (2,100 | ) | (102,076 | ) | (5.9 | ) | ||||||
Tohoku Electric Power Co., Inc. | (148,600 | ) | (1,125,828 | ) | (65.4 | ) | ||||||
Tokai Carbon Co. Ltd. | (3,200 | ) | (42,270 | ) | (2.5 | ) | ||||||
Tokyo Electric Power Co. Holdings, Inc. | (176,500 | ) | (470,407 | ) | (27.3 | ) | ||||||
Tokyo Tatemono Co. Ltd. | (53,600 | ) | (801,276 | ) | (46.6 | ) | ||||||
Ube Industries Ltd. | (5,700 | ) | (114,482 | ) | (6.7 | ) | ||||||
Ulvac, Inc. | (1,500 | ) | (73,042 | ) | (4.2 | ) | ||||||
Yamato Holdings Co. Ltd. | (3,300 | ) | (95,106 | ) | (5.5 | ) | ||||||
Yamato Kogyo Co. Ltd. | (21,000 | ) | (714,107 | ) | (41.5 | ) | ||||||
|
|
|
| |||||||||
(36,666,725 | ) | |||||||||||
Luxembourg | ||||||||||||
ArcelorMittal | (32,629 | ) | (1,139,582 | ) | (66.2 | ) | ||||||
|
|
|
| |||||||||
Macau | ||||||||||||
MGM China Holdings Ltd. | (16,800 | ) | (20,293 | ) | (1.2 | ) | ||||||
SJM Holdings Ltd. | (1,411,000 | ) | (1,272,607 | ) | (73.9 | ) | ||||||
|
|
|
| |||||||||
(1,292,900 | ) | |||||||||||
Mongolia | ||||||||||||
Turquoise Hill Resources Ltd. | (2,850 | ) | (47,561 | ) | (2.8 | ) | ||||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
NXP Semiconductors NV | (1,694 | ) | (349,625 | ) | (20.3 | ) | ||||||
Royal Dutch Shell PLC | (69,784 | ) | (1,378,874 | ) | (80.1 | ) | ||||||
Shop Apotheke Europe NV | (7,973 | ) | (1,195,284 | ) | (69.5 | ) | ||||||
|
|
|
| |||||||||
(2,923,783 | ) | |||||||||||
Norway | ||||||||||||
Leroy Seafood Group Asa | (27,030 | ) | (246,259 | ) | (14.3 | ) | ||||||
|
|
|
| |||||||||
Poland | ||||||||||||
InPost SA | (111,740 | ) | (2,190,999 | ) | (127.3 | ) | ||||||
|
|
|
| |||||||||
Russia | ||||||||||||
Evraz PLC | (29,360 | ) | (250,848 | ) | (14.6 | ) | ||||||
|
|
|
| |||||||||
Singapore | ||||||||||||
Singapore Airlines Ltd. | (580,300 | ) | (2,175,553 | ) | (126.4 | ) | ||||||
|
|
|
| |||||||||
Spain | ||||||||||||
ACS Actividades de Construccion y Servicios SA | (23,427 | ) | (616,207 | ) | (35.8 | ) | ||||||
EDP Renovaveis SA | (35,567 | ) | (835,389 | ) | (48.5 | ) | ||||||
Telefonica SA | (195,126 | ) | (892,671 | ) | (51.9 | ) | ||||||
|
|
|
| |||||||||
(2,344,267 | ) | |||||||||||
Sweden | ||||||||||||
Embracer Group AB | (1,134 | ) | (29,350 | ) | (1.7 | ) | ||||||
Securitas AB | (44,512 | ) | (784,899 | ) | (45.6 | ) | ||||||
Thule Group AB | (22,036 | ) | (1,112,574 | ) | (64.7 | ) | ||||||
|
|
|
| |||||||||
(1,926,823 | ) | |||||||||||
Switzerland | ||||||||||||
Georg Fischer AG | (640 | ) | (1,035,813 | ) | (60.2 | ) | ||||||
Roche Holding AG | (315 | ) | (121,688 | ) | (7.1 | ) | ||||||
Schindler Holding AG | (335 | ) | (108,451 | ) | (6.3 | ) |
SCHEDULE OF INVESTMENTS | 27 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Switzerland (continued) | ||||||||||||
Schindler Holding AG | (2,579 | ) | $ | (803,621 | ) | (46.7 | )% | |||||
Siegfried Holding AG | (2,123 | ) | (2,148,225 | ) | (124.9 | ) | ||||||
Zur Rose Group AG | (552 | ) | (205,359 | ) | (11.9 | ) | ||||||
|
|
|
| |||||||||
(4,423,157 | ) | |||||||||||
United Kingdom | ||||||||||||
B&M European Value Retail SA | (98,191 | ) | (754,386 | ) | (43.8 | ) | ||||||
Countryside Properties PLC | (135,703 | ) | (991,706 | ) | (57.6 | ) | ||||||
Harbour Energy PLC | (344,076 | ) | (1,562,790 | ) | (90.8 | ) | ||||||
Hiscox Ltd. | (23,780 | ) | (288,766 | ) | (16.8 | ) | ||||||
Inchcape PLC | (12,194 | ) | (144,033 | ) | (8.4 | ) | ||||||
InterContinental Hotels Group PLC | (7,053 | ) | (465,806 | ) | (27.1 | ) | ||||||
ITM Power PLC | (63,063 | ) | (359,162 | ) | (20.9 | ) | ||||||
SSP Group PLC | (14,482 | ) | (52,517 | ) | (3.1 | ) | ||||||
Unilever PLC | (10,895 | ) | (627,024 | ) | (36.4 | ) | ||||||
|
|
|
| |||||||||
(5,246,190 | ) | |||||||||||
United States | ||||||||||||
Abbott Laboratories | (2,313 | ) | (279,827 | ) | (16.3 | ) | ||||||
Advanced Drainage Systems, Inc. | (3,337 | ) | (407,414 | ) | (23.7 | ) | ||||||
Aflac, Inc. | (44,787 | ) | (2,463,285 | ) | (143.2 | ) | ||||||
agilon health, Inc. | (17,106 | ) | (629,330 | ) | (36.6 | ) | ||||||
Air Lease Corp. | (17,805 | ) | (754,220 | ) | (43.8 | ) | ||||||
Albemarle Corp. | (1,761 | ) | (362,836 | ) | (21.1 | ) | ||||||
Alcoa Corp. | (1,008 | ) | (40,471 | ) | (2.4 | ) | ||||||
Alliant Energy Corp. | (27,864 | ) | (1,630,880 | ) | (94.8 | ) | ||||||
American Financial Group, Inc. | (343 | ) | (43,386 | ) | (2.5 | ) | ||||||
American Water Works Co., Inc. | (397 | ) | (67,534 | ) | (3.9 | ) | ||||||
Amkor Technology, Inc. | (6,558 | ) | (161,589 | ) | (9.4 | ) | ||||||
Amphenol Corp., Class A | (36,964 | ) | (2,679,520 | ) | (155.7 | ) | ||||||
APA Corp. | (13,694 | ) | (256,763 | ) | (14.9 | ) | ||||||
API Group Corp. | (25,827 | ) | (591,955 | ) | (34.4 | ) | ||||||
AppLovin Corp., Class A | (543 | ) | (33,378 | ) | (1.9 | ) | ||||||
Arrow Electronics, Inc. | (24,689 | ) | (2,927,375 | ) | (170.1 | ) | ||||||
Ashland Global Holdings, Inc. | (32,346 | ) | (2,751,674 | ) | (159.9 | ) | ||||||
Assurant, Inc. | (2,068 | ) | (326,351 | ) | (19.0 | ) | ||||||
Atmos Energy Corp. | (4,669 | ) | (460,317 | ) | (26.8 | ) | ||||||
AutoNation, Inc. | (4,913 | ) | (596,094 | ) | (34.6 | ) | ||||||
AutoZone, Inc. | (188 | ) | (305,231 | ) | (17.7 | ) | ||||||
Avast PLC | (104,940 | ) | (845,688 | ) | (49.1 | ) | ||||||
Avis Budget Group, Inc. | (3,585 | ) | (296,730 | ) | (17.2 | ) | ||||||
Bausch Health Cos., Inc. | (3,795 | ) | (111,027 | ) | (6.5 | ) | ||||||
Baxter International, Inc. | (8,985 | ) | (694,990 | ) | (40.4 | ) | ||||||
Bill.com Holdings, Inc. | (128 | ) | (26,473 | ) | (1.5 | ) | ||||||
BJ’s Wholesale Club Holdings, Inc. | (4,807 | ) | (243,426 | ) | (14.1 | ) | ||||||
Black Knight, Inc. | (5,864 | ) | (485,598 | ) | (28.2 | ) | ||||||
Boyd Gaming Corp. | (1,329 | ) | (75,753 | ) | (4.4 | ) | ||||||
Broadcom, Inc. | (3,081 | ) | (1,495,517 | ) | (86.9 | ) | ||||||
Cardinal Health, Inc. | (492 | ) | (29,215 | ) | (1.7 | ) | ||||||
Carvana Co. | (508 | ) | (171,480 | ) | (10.0 | ) | ||||||
CDW Corp. | (5,749 | ) | (1,054,079 | ) | (61.3 | ) | ||||||
Celanese Corp. | (7,254 | ) | (1,129,956 | ) | (65.7 | ) | ||||||
Cerence Inc. | (1,686 | ) | (181,262 | ) | (10.5 | ) | ||||||
Chart Industries, Inc. | (4,143 | ) | (644,029 | ) | (37.4 | ) | ||||||
Charter Communications, Inc. | (388 | ) | (288,691 | ) | (16.8 | ) | ||||||
Church & Dwight Co., Inc. | (6,834 | ) | (591,688 | ) | (34.4 | ) | ||||||
Churchill Downs, Inc. | (3,952 | ) | (734,282 | ) | (42.7 | ) | ||||||
Cintas Corp. | (684 | ) | (269,619 | ) | (15.7 | ) | ||||||
Citizens Financial Group, Inc. | (21,860 | ) | (921,618 | ) | (53.6 | ) | ||||||
Cleveland-Cliffs, Inc. | (41,250 | ) | (1,031,250 | ) | (59.9 | ) | ||||||
Concentrix Corp. | (1,135 | ) | (185,834 | ) | (10.8 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Constellation Brands, Inc. | (8,579 | ) | $ | (1,924,613 | ) | (111.9 | )% | |||||
Coty, Inc., Class A | (37,824 | ) | (330,204 | ) | (19.2 | ) | ||||||
Covetrus, Inc. | (6,343 | ) | (161,493 | ) | (9.4 | ) | ||||||
CSX Corp. | (2,963 | ) | (95,764 | ) | (5.6 | ) | ||||||
Darling Ingredients, Inc. | (1,077 | ) | (74,388 | ) | (4.3 | ) | ||||||
Datadog, Inc., Class A | (234 | ) | (25,904 | ) | (1.5 | ) | ||||||
DaVita, Inc. | (8,405 | ) | (1,010,701 | ) | (58.7 | ) | ||||||
Dollar Tree, Inc. | (4,990 | ) | (497,952 | ) | (28.9 | ) | ||||||
Dover Corp. | (24,044 | ) | (4,018,233 | ) | (233.5 | ) | ||||||
Duck Creek Technologies, Inc. | (12,793 | ) | (561,997 | ) | (32.7 | ) | ||||||
DXC Technology Co. | (8,591 | ) | (343,468 | ) | (20.0 | ) | ||||||
Eagle Materials, Inc. | (35,261 | ) | (4,983,085 | ) | (289.6 | ) | ||||||
Eaton Corp. PLC | (2,665 | ) | (421,203 | ) | (24.5 | ) | ||||||
Element Solutions, Inc. | (48,707 | ) | (1,139,257 | ) | (66.2 | ) | ||||||
EMCOR Group, Inc. | (93 | ) | (11,328 | ) | (0.7 | ) | ||||||
EQT Corp. | (12,164 | ) | (223,696 | ) | (13.0 | ) | ||||||
Equity Commonwealth | (2,146 | ) | (56,418 | ) | (3.3 | ) | ||||||
Fastenal Co. | (38,355 | ) | (2,100,703 | ) | (122.1 | ) | ||||||
Fifth Third Bancorp | (72,087 | ) | (2,616,037 | ) | (152.0 | ) | ||||||
First Solar, Inc. | (4,170 | ) | (358,787 | ) | (20.9 | ) | ||||||
FirstEnergy Corp. | (2,559 | ) | (98,061 | ) | (5.7 | ) | ||||||
Fiserv, Inc. | (1,896 | ) | (218,249 | ) | (12.7 | ) | ||||||
Floor & Decor Holdings, Inc. | (5,133 | ) | (626,277 | ) | (36.4 | ) | ||||||
Foot Locker, Inc. | (8,900 | ) | (507,834 | ) | (29.5 | ) | ||||||
Freeport-McMoRan, Inc. | (102,807 | ) | (3,916,947 | ) | (227.6 | ) | ||||||
Gaming and Leisure Properties, Inc. | (8,417 | ) | (398,461 | ) | (23.2 | ) | ||||||
General Electric Co. | (63,324 | ) | (820,046 | ) | (47.7 | ) | ||||||
Graphic Packaging Holding Co. | (125,513 | ) | (2,406,084 | ) | (139.8 | ) | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | (3,929 | ) | (223,167 | ) | (13.0 | ) | ||||||
Hilton Worldwide Holdings, Inc. | (12,648 | ) | (1,662,580 | ) | (96.6 | ) | ||||||
Home Depot, Inc. | (1,276 | ) | (418,770 | ) | (24.3 | ) | ||||||
Host Hotels & Resorts, Inc. | (43,554 | ) | (693,815 | ) | (40.3 | ) | ||||||
Howmet Aerospace Inc. | (6,552 | ) | (215,037 | ) | (12.5 | ) | ||||||
Hyatt Hotels Corp., Class A | (12,501 | ) | (998,455 | ) | (58.0 | ) | ||||||
II-VI, Inc. | (5,108 | ) | (356,589 | ) | (20.7 | ) | ||||||
Inmode Ltd. | (2,197 | ) | (249,733 | ) | (14.5 | ) | ||||||
J2 Global, Inc. | (367 | ) | (51,846 | ) | (3.0 | ) | ||||||
Jabil, Inc. | (20,949 | ) | (1,247,303 | ) | (72.5 | ) | ||||||
JB Hunt Transport Services, Inc. | (136 | ) | (22,909 | ) | (1.3 | ) | ||||||
Jones Lang LaSalle, Inc. | (4,883 | ) | (1,086,809 | ) | (63.2 | ) | ||||||
KBR, Inc. | (1,162 | ) | (44,969 | ) | (2.6 | ) | ||||||
Kimberly-Clark Corp. | (558 | ) | (75,732 | ) | (4.4 | ) | ||||||
Kroger Co. | (46,971 | ) | (1,911,720 | ) | (111.1 | ) | ||||||
Lam Research Corp. | (627 | ) | (399,656 | ) | (23.2 | ) | ||||||
Leidos Holdings, Inc. | (5,348 | ) | (569,134 | ) | (33.1 | ) | ||||||
Liberty Media Corp-Liberty SiriusXM | (53,061 | ) | (2,451,418 | ) | (142.5 | ) | ||||||
Littelfuse, Inc. | (5,433 | ) | (1,445,124 | ) | (84.0 | ) | ||||||
Loews Corp. | (67,303 | ) | (3,609,460 | ) | (209.8 | ) | ||||||
Madison Square Garden Co. | (3,285 | ) | (534,601 | ) | (31.1 | ) | ||||||
Marathon Petroleum Corp. | (2,305 | ) | (127,282 | ) | (7.4 | ) | ||||||
Marriott International, Inc., Class A | (12,586 | ) | (1,837,304 | ) | (106.8 | ) | ||||||
Mattel, Inc. | (37,446 | ) | (813,327 | ) | (47.3 | ) | ||||||
McKesson Corp. | (4,362 | ) | (889,106 | ) | (51.7 | ) | ||||||
MGM Resorts International | (51,216 | ) | (1,922,137 | ) | (111.7 | ) | ||||||
Mid-America Apartment Communities, Inc. | (2,210 | ) | (426,751 | ) | (24.8 | ) | ||||||
Mondelez International, Inc. | (38,538 | ) | (2,437,914 | ) | (141.7 | ) | ||||||
Monster Beverage Corp. | (9,951 | ) | (938,578 | ) | (54.5 | ) | ||||||
Morgan Stanley | (13,025 | ) | (1,250,140 | ) | (72.7 | ) | ||||||
Mosaic Co. | (13,171 | ) | (411,330 | ) | (23.9 | ) | ||||||
Murphy USA, Inc. | (6,938 | ) | (1,023,424 | ) | (59.5 | ) |
28 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
New Residential Investment Corp. | (3,696 | ) | $ | (36,073 | ) | (2.1 | )% | |||||
Newell Brands, Inc. | (5,025 | ) | (124,369 | ) | (7.2 | ) | ||||||
NortonLifeLock Inc. | (11,158 | ) | (276,942 | ) | (16.1 | ) | ||||||
Norwegian Cruise Line Holdings Ltd. | (12,451 | ) | (299,198 | ) | (17.4 | ) | ||||||
NRG Energy, Inc. | (17,814 | ) | (734,649 | ) | (42.7 | ) | ||||||
NVR, Inc. | (84 | ) | (438,698 | ) | (25.5 | ) | ||||||
O’Reilly Automotive, Inc. | (93 | ) | (56,157 | ) | (3.3 | ) | ||||||
PDC Energy, Inc. | (6,376 | ) | (252,171 | ) | (14.7 | ) | ||||||
PerkinElmer, Inc. | (1,970 | ) | (358,993 | ) | (20.9 | ) | ||||||
PG&E Corp. | (211,388 | ) | (1,858,101 | ) | (108.0 | ) | ||||||
Polaris, Inc. | (13,153 | ) | (1,723,964 | ) | (100.2 | ) | ||||||
Post Holdings, Inc. | (20,907 | ) | (2,139,622 | ) | (124.4 | ) | ||||||
Procore Technologies, Inc. | (13,305 | ) | (1,374,140 | ) | (79.9 | ) | ||||||
Qorvo Inc. | (8,650 | ) | (1,639,954 | ) | (95.3 | ) | ||||||
Quidel Corp. | (2,513 | ) | (355,514 | ) | (20.7 | ) | ||||||
Reata Pharmaceuticals, Inc. | (1,279 | ) | (160,272 | ) | (9.3 | ) | ||||||
Redfin Corp. | (5,183 | ) | (303,568 | ) | (17.6 | ) | ||||||
Revolve Group, Inc. | (2,383 | ) | (165,881 | ) | (9.6 | ) | ||||||
Royal Caribbean Cruises Ltd. | (5,679 | ) | (436,545 | ) | (25.4 | ) | ||||||
Ryman Hospitality Properties, Inc. | (12,035 | ) | (923,085 | ) | (53.6 | ) | ||||||
Schrodinger, Inc. | (3,696 | ) | (250,108 | ) | (14.5 | ) | ||||||
Shift4 Payments, Inc., Class A | (5,952 | ) | (530,859 | ) | (30.9 | ) | ||||||
Skyworks Solutions, Inc. | (16,559 | ) | (3,055,301 | ) | (177.6 | ) | ||||||
Starbucks Corp. | (16,413 | ) | (1,993,031 | ) | (115.8 | ) | ||||||
Stellantis NV | (28,778 | ) | (551,862 | ) | (32.1 | ) | ||||||
Stem, Inc. | (16,233 | ) | (440,077 | ) | (25.6 | ) | ||||||
SYNNEX Corp. | (7,679 | ) | (917,948 | ) | (53.3 | ) | ||||||
TE Connectivity Ltd. | (12,081 | ) | (1,765,880 | ) | (102.6 | ) | ||||||
Teleflex, Inc. | (134 | ) | (53,256 | ) | (3.1 | ) | ||||||
Texas Roadhouse, Inc. | (1,711 | ) | (157,703 | ) | (9.2 | ) | ||||||
Textron, Inc. | (2,277 | ) | (157,136 | ) | (9.1 | ) | ||||||
Thor Industries, Inc. | (6,898 | ) | (816,447 | ) | (47.4 | ) | ||||||
Trade Desk, Inc., Class A | (3,641 | ) | (298,234 | ) | (17.3 | ) | ||||||
Tyler Technologies, Inc. | (100 | ) | (49,264 | ) | (2.9 | ) | ||||||
Tyson Foods, Inc., Class A | (19,419 | ) | (1,387,682 | ) | (80.6 | ) | ||||||
UFP Industries, Inc. | (1,309 | ) | (97,206 | ) | (5.6 | ) | ||||||
United States Steel Corp. | (4,935 | ) | (130,679 | ) | (7.6 | ) | ||||||
Upstart Holdings, Inc. | (603 | ) | (72,818 | ) | (4.2 | ) | ||||||
Vertiv Holdings Co. | (34,620 | ) | (970,745 | ) | (56.4 | ) | ||||||
Viatris, Inc. | (5,064 | ) | (71,250 | ) | (4.1 | ) | ||||||
Vistra Energy Corp. | (45,558 | ) | (872,436 | ) | (50.7 | ) | ||||||
Waste Management, Inc. | (7,346 | ) | (1,089,118 | ) | (63.3 | ) | ||||||
Westinghouse Air Brake Technologies Corp. | (2,943 | ) | (249,772 | ) | (14.5 | ) | ||||||
Westrock Co. | (2,815 | ) | (138,526 | ) | (8.1 | ) | ||||||
Weyerhaeuser Co. | (15,738 | ) | (530,843 | ) | (30.9 | ) | ||||||
|
|
|
| |||||||||
(119,877,022 | ) | |||||||||||
|
| |||||||||||
Total Reference Entity — Short | (245,512,147 | ) | ||||||||||
|
| |||||||||||
Net Value of Reference Entity — Goldman Sachs & Co. |
| $ | 1,720,621 | |||||||||
|
|
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with Goldman Sachs & Co. as of period end, termination dates February 27, 2023 and February 28, 2023:
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Long |
| |||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
AUB Group Ltd. | 14,276 | $ | 241,645 | 171.7 | % | |||||||
Austal Ltd. | 351,616 | 558,404 | 396.7 | |||||||||
Centuria Office REIT | 83,516 | 151,135 | 107.4 | |||||||||
Clinuvel Pharmaceuticals Ltd. | 11,570 | 236,960 | 168.4 | |||||||||
Ingenia Communities Group | 102,181 | 436,146 | 309.9 | |||||||||
Jumbo Interactive Ltd. | 13,985 | 170,191 | 120.9 | |||||||||
Lifestyle Communities Ltd. | 4,112 | 51,573 | 36.6 | |||||||||
Mesoblast Ltd. | 35,924 | 49,990 | 35.5 | |||||||||
Nanosonics Ltd. | 120,393 | 471,252 | 334.8 | |||||||||
Netwealth Group Ltd. | 5,065 | 58,543 | 41.6 | |||||||||
Nick Scali Ltd. | 31,739 | 285,789 | 203.0 | |||||||||
Rural Funds Group | 66,784 | 125,694 | 89.3 | |||||||||
Technology One Ltd. | 47,996 | 333,604 | 237.0 | |||||||||
Viva Energy Group Ltd. | 58,375 | 88,533 | 62.9 | |||||||||
|
|
|
| |||||||||
3,259,459 | ||||||||||||
Belgium | ||||||||||||
Barco NV | 25,985 | 649,153 | 461.2 | |||||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Canada Goose Holdings, Inc. | 19,239 | 816,686 | 580.2 | |||||||||
First National Financial Corp. | 21,913 | 809,882 | 575.4 | |||||||||
Killam Apartment Real Estate Investment Trust | 15,929 | 264,292 | 187.8 | |||||||||
Laurentian Bank of Canada | 2,285 | 77,656 | 55.2 | |||||||||
Morguard Corp. | 4,350 | 480,885 | 341.7 | |||||||||
NorthWest Healthcare Properties Real Estate Investment Trust | 28,110 | 294,033 | 208.9 | |||||||||
Pason Systems Inc. | 22,696 | 144,442 | 102.6 | |||||||||
PrairieSky Royalty Ltd. | 38,241 | 428,510 | 304.4 | |||||||||
Real Matters Inc. | 64,634 | 661,571 | 470.0 | |||||||||
Sandstorm Gold Ltd. | 103,226 | 812,504 | 577.2 | |||||||||
Savaria Corp. | 91,411 | 1,540,857 | 1,094.7 | |||||||||
Topaz Energy Corp. | 19,716 | 252,376 | 179.3 | |||||||||
|
|
|
| |||||||||
6,583,694 | ||||||||||||
Denmark | ||||||||||||
Alm Brand AS | 4,106 | 29,811 | 21.2 | |||||||||
cBrain A/S | 1,446 | 76,554 | 54.4 | |||||||||
Chemometec AS | 2,776 | 444,410 | 315.7 | |||||||||
Dfds AS | 6,870 | 379,448 | 269.6 | |||||||||
Nilfisk Holding A/S | 5,518 | 194,023 | 137.8 | |||||||||
Topdanmark AS | 5,325 | 271,167 | 192.7 | |||||||||
|
|
|
| |||||||||
1,395,413 | ||||||||||||
Faeroe Islands | ||||||||||||
Bakkafrost P/F | 7,885 | 670,086 | 476.1 | |||||||||
|
|
|
|
SCHEDULE OF INVESTMENTS | 29 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Finland | ||||||||||||
Cargotec Oyj | 4,850 | $ | 260,713 | 185.2 | % | |||||||
Revenio Group Oyj | 4,464 | 362,248 | 257.4 | |||||||||
|
|
|
| |||||||||
622,961 | ||||||||||||
France | ||||||||||||
Aubay | 757 | 43,642 | 31.0 | |||||||||
Eramet | 5,648 | 451,648 | 320.9 | |||||||||
Eutelsat Communications SA | 46,990 | 511,301 | 363.2 | |||||||||
ID Logistics Group | 223 | 71,417 | 50.7 | |||||||||
Interparfums SA | 12,470 | 915,885 | 650.7 | |||||||||
Manitou BF SA | 8,272 | 271,810 | 193.1 | |||||||||
Nexans SA | 1,770 | 169,413 | 120.4 | |||||||||
Pharmagest Interactive | 327 | 36,768 | 26.1 | |||||||||
SMCP SA | 23,450 | 147,216 | 104.6 | |||||||||
|
|
|
| |||||||||
2,619,100 | ||||||||||||
Germany | ||||||||||||
Adesso SE | 612 | 112,388 | 79.8 | |||||||||
Borussia Dortmund GmbH & Co. KGaA | 17,097 | 124,175 | 88.2 | |||||||||
Dermapharm Holding SE | 6,450 | 515,957 | 366.6 | |||||||||
Deutsche Beteiligungs AG | 2,745 | 121,344 | 86.2 | |||||||||
JOST Werke AG | 4,822 | 294,585 | 209.3 | |||||||||
Kloeckner & Co. SE | 70,943 | 1,079,228 | 766.7 | |||||||||
MLP SE | 37,086 | 303,553 | 215.7 | |||||||||
STO SE & Co. KGaA | 1,224 | 310,721 | 220.8 | |||||||||
Stroeer SE & Co. KGaA | 692 | 54,734 | 38.9 | |||||||||
Wuestenrot & Wuerttembergische AG | 2 | 44 | 0.0 | |||||||||
zooplus AG | 1,083 | 368,711 | 261.9 | |||||||||
|
|
|
| |||||||||
3,285,440 | ||||||||||||
Hong Kong | ||||||||||||
Texhong Textile Group Ltd. | 149,000 | 217,854 | 154.8 | |||||||||
|
|
|
| |||||||||
Isle of Man | ||||||||||||
Strix Group PLC | 73,432 | 347,550 | 246.9 | |||||||||
|
|
|
| |||||||||
Israel | ||||||||||||
AudioCodes Ltd. | 3,290 | 106,311 | 75.5 | |||||||||
Danel Adir Yeoshua Ltd. | 1,264 | 269,618 | 191.6 | |||||||||
One Software Technologies Ltd. | 7,000 | 106,888 | 75.9 | |||||||||
Summit Real Estate Holdings Ltd. | 17,332 | 262,790 | 186.7 | |||||||||
Tower Semiconductor Ltd. | 42,446 | 1,145,503 | 813.8 | |||||||||
|
|
|
| |||||||||
1,891,110 | ||||||||||||
Italy | ||||||||||||
Brunello Cucinelli SpA | 10,612 | 657,386 | 467.0 | |||||||||
Carel Industries SpA | 2,378 | 56,559 | 40.2 | |||||||||
Danieli & C Officine Meccaniche SpA | 2,938 | 87,078 | 61.9 | |||||||||
Salvatore Ferragamo SpA | 56,755 | 1,132,005 | 804.2 | |||||||||
|
|
|
| |||||||||
1,933,028 | ||||||||||||
Japan | ||||||||||||
Adastria Co. Ltd. | 33,100 | 570,938 | 405.6 | |||||||||
Aichi Steel Corp. | 2,300 | 61,004 | 43.3 | |||||||||
Anicom Holdings Inc. | 13,100 | 103,381 | 73.4 | |||||||||
AOKI Holdings Inc. | 61,300 | 366,798 | 260.6 | |||||||||
Aruhi Corp. | 23,400 | 296,037 | 210.3 | |||||||||
Asahi Holdings Inc. | 49,400 | 976,916 | 694.0 | |||||||||
Cawachi Ltd. | 32,900 | 665,160 | 472.6 | |||||||||
Central Glass Co. Ltd. | 1,600 | 32,347 | 23.0 | |||||||||
Chubu Shiryo Co. Ltd. | 5,400 | 56,414 | 40.1 | |||||||||
CI Takiron Corp. | 81,900 | 448,349 | 318.5 | |||||||||
Citizen Watch Co. Ltd. | 64,900 | 253,878 | 180.4 | |||||||||
Comture Corp. | 10,500 | 225,997 | 160.6 |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
CONEXIO Corp. | 14,900 | $ | 217,562 | 154.6 | % | |||||||
Cybozu, Inc. | 7,600 | 166,288 | 118.1 | |||||||||
Dai-Dan Co. Ltd. | 2,700 | 64,999 | 46.2 | |||||||||
Daiken Corp. | 3,000 | 60,751 | 43.2 | |||||||||
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 14,200 | 299,553 | 212.8 | |||||||||
Dip Corp. | 800 | 23,397 | 16.6 | |||||||||
Doshisha Co. Ltd. | 28,900 | 455,007 | 323.3 | |||||||||
DyDo Group Holdings Inc. | 3,200 | 155,342 | 110.4 | |||||||||
Ebase Co. Ltd. | 6,600 | 48,870 | 34.7 | |||||||||
EDION Corp. | 84,900 | 877,747 | 623.6 | |||||||||
Financial Products Group Co. Ltd. | 18,400 | 123,807 | 88.0 | |||||||||
Gakken Holdings Co. Ltd. | 4,500 | 52,873 | 37.6 | |||||||||
Giken Ltd. | 12,900 | 529,262 | 376.0 | |||||||||
Glory Ltd. | 55,700 | 1,196,836 | 850.3 | |||||||||
GMO Financial Holdings, Inc. | 22,300 | 169,083 | 120.1 | |||||||||
Goldcrest Co. Ltd. | 32,900 | 487,042 | 346.0 | |||||||||
Hokuto Corp. | 4,300 | 75,435 | 53.6 | |||||||||
Insource Co. Ltd. | 12,400 | 224,810 | 159.7 | |||||||||
Internet Initiative Japan, Inc. | 16,100 | 511,218 | 363.2 | |||||||||
Jafco Co. Ltd. | 3,500 | 198,760 | 141.2 | |||||||||
Japan Lifeline Co. Ltd. | 4,100 | 51,612 | 36.7 | |||||||||
Japan Wool Textile Co. Ltd. | 28,100 | 252,736 | 179.6 | |||||||||
JINS Inc. | 1,000 | 65,489 | 46.5 | |||||||||
J-Oil Mills, Inc. | 12,800 | 216,239 | 153.6 | |||||||||
JSP Corp. | 11,800 | 173,827 | 123.5 | |||||||||
Kamei Corp. | 24,300 | 253,342 | 180.0 | |||||||||
KeePer Technical Laboratory Co. Ltd. | 2,600 | 69,356 | 49.3 | |||||||||
Kitanotatsujin Corp. | 4,400 | 21,699 | 15.4 | |||||||||
Komori Corp. | 26,900 | 203,922 | 144.9 | |||||||||
Konoike Transport Co. Ltd. | 4,100 | 47,401 | 33.7 | |||||||||
Kyoei Steel Ltd. | 10,700 | 138,652 | 98.5 | |||||||||
Makino Milling Machine Co. Ltd. | 15,400 | 581,028 | 412.8 | |||||||||
Mandom Corp. | 4,400 | 74,600 | 53.0 | |||||||||
Maruha Nichiro Corp. | 14,800 | 328,136 | 233.1 | |||||||||
Maxvalu Tokai Co. Ltd. | 5,000 | 114,484 | 81.3 | |||||||||
Meisei Industrial Co. Ltd. | 17,100 | 116,195 | 82.5 | |||||||||
Menicon Co. Ltd. | 14,700 | 1,074,495 | 763.4 | |||||||||
Miroku Jyoho Service Co. Ltd. | 4,400 | 63,211 | 44.9 | |||||||||
Mitsubishi Pencil Co. Ltd. | 2,400 | 30,995 | 22.0 | |||||||||
Mitsuboshi Belting Ltd. | 13,200 | 220,417 | 156.6 | |||||||||
Mitsui DM Sugar Holdings Co. Ltd. | 14,400 | 245,076 | 174.1 | |||||||||
Morita Holdings Corp. | 3,600 | 50,790 | 36.1 | |||||||||
Nextage Co. Ltd. | 1,800 | 37,022 | 26.3 | |||||||||
Nichiha Corp. | 1,400 | 36,778 | 26.1 | |||||||||
Nihon Chouzai Co. Ltd. | 45,100 | 705,443 | 501.2 | |||||||||
Nihon Nohyaku Co. Ltd. | 47,400 | 221,212 | 157.2 | |||||||||
Nippn Corp. | 9,600 | 138,017 | 98.1 | |||||||||
Nippon Light Metal Holdings Co. Ltd. | 16,170 | 284,645 | 202.2 | |||||||||
Nissan Shatai Co. Ltd. | 4,300 | 28,276 | 20.1 | |||||||||
Nitto Boseki Co. Ltd. | 1,100 | 33,655 | 23.9 | |||||||||
Nitto Kohki Co. Ltd. | 6,800 | 115,210 | 81.8 | |||||||||
NS United Kaiun Kaisha Ltd. | 17,100 | 430,762 | 306.0 | |||||||||
Oiles Corp. | 23,000 | 340,051 | 241.6 | |||||||||
Okamoto Industries Inc. | 700 | 26,436 | 18.8 | |||||||||
Osaka Soda Co. Ltd. | 4,400 | 97,009 | 68.9 | |||||||||
Pack Corp. (The) | 2,900 | 75,137 | 53.4 | |||||||||
Piolax Inc. | 24,900 | 346,212 | 246.0 | |||||||||
Prestige International Inc. | 22,700 | 145,336 | 103.3 | |||||||||
Ricoh Leasing Co. Ltd. | 12,300 | 387,642 | 275.4 | |||||||||
Ryobi Ltd. | 3,600 | 47,372 | 33.7 |
30 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Samty Residential Investment Corp. | 337 | $ | 391,125 | 277.9 | % | |||||||
Senko Group Holdings Co. Ltd. | 83,200 | 841,993 | 598.2 | |||||||||
Shibuya Corp. | 5,900 | 165,155 | 117.3 | |||||||||
Star Asia Investment Corp. | 42 | 23,155 | 16.4 | |||||||||
Star Micronics Co. Ltd. | 27,200 | 409,253 | 290.7 | |||||||||
Starzen Co. Ltd. | 10,200 | 202,374 | 143.8 | |||||||||
Strike Co. Ltd. | 11,200 | 375,012 | 266.4 | |||||||||
Sumitomo Densetsu Co. Ltd. | 4,000 | 78,763 | 56.0 | |||||||||
Sumitomo Mitsui Construction Co. Ltd. | 90,300 | 398,806 | 283.3 | |||||||||
Sumitomo Osaka Cement Co. Ltd. | 31,400 | 897,926 | 637.9 | |||||||||
Sumitomo Seika Chemicals Co. Ltd. | 11,000 | 372,243 | 264.5 | |||||||||
Sun Frontier Fudousan Co. Ltd. | 42,800 | 403,864 | 286.9 | |||||||||
Takamatsu Construction Group Co. Ltd. | 25,300 | 466,595 | 331.5 | |||||||||
Takeuchi Manufacturing Co. Ltd. | 29,900 | 745,462 | 529.6 | |||||||||
Tatsuta Electric Wire and Cable Co. Ltd. | 11,100 | 54,334 | 38.6 | |||||||||
T-Gaia Corp. | 9,200 | 165,907 | 117.9 | |||||||||
Toho Titanium Co. Ltd. | 27,500 | 299,671 | 212.9 | |||||||||
Tokushu Tokai Paper Co. Ltd. | 100 | 4,039 | 2.9 | |||||||||
Topcon Corp. | 21,400 | 301,786 | 214.4 | |||||||||
Toyo Ink SC Holdings Co. Ltd. | 9,200 | 168,477 | 119.7 | |||||||||
TPR Co. Ltd. | 25,900 | 362,825 | 257.8 | |||||||||
Tsurumi Manufacturing Co. Ltd. | 1,400 | 22,703 | 16.1 | |||||||||
UACJ Corp. | 3,500 | 92,382 | 65.6 | |||||||||
Unipres Corp. | 11,100 | 100,254 | 71.2 | |||||||||
United Arrows Ltd. | 15,500 | 269,440 | 191.4 | |||||||||
Uzabase Inc. | 2,000 | 41,982 | 29.8 | |||||||||
Valor Holdings Co. Ltd. | 21,000 | 445,971 | 316.8 | |||||||||
Xebio Holdings Co. Ltd. | 22,200 | 203,547 | 144.6 | |||||||||
Yurtec Corp. | 37,900 | 248,528 | 176.6 | |||||||||
|
|
|
| |||||||||
26,439,350 | ||||||||||||
Netherlands | ||||||||||||
AMG Advanced Metallurgical Group NV | 12,685 | 396,762 | 281.9 | |||||||||
Meltwater Holding BV | 28 | 127 | 0.1 | |||||||||
|
|
|
| |||||||||
396,889 | ||||||||||||
Norway | ||||||||||||
Borregaard ASA | 16,010 | 416,797 | 296.1 | |||||||||
Elkem ASA | 20,125 | 74,483 | 52.9 | |||||||||
Golden Ocean Group Ltd. | 60,540 | 596,524 | 423.8 | |||||||||
Ocean Yield ASA | 39,960 | 133,521 | 94.9 | |||||||||
Pexip Holding ASA | 36,821 | 302,934 | 215.2 | |||||||||
Protector Forsikring ASA | 625 | 6,418 | 4.6 | |||||||||
Selvaag Bolig ASA | 10,287 | 68,116 | 48.4 | |||||||||
Sparebank 1 Oestlandet | 16,465 | 228,858 | 162.6 | |||||||||
|
|
|
| |||||||||
1,827,651 | ||||||||||||
Singapore | ||||||||||||
Nanofilm Technologies International Ltd. | 40,000 | 182,494 | 129.7 | |||||||||
|
|
|
| |||||||||
Spain | ||||||||||||
Almirall SA | 3,944 | 62,579 | 44.4 | |||||||||
Befesa SA | 400 | 31,406 | 22.3 | |||||||||
Gestamp Automocion SA | 22,307 | 109,085 | 77.5 | |||||||||
Indra Sistemas SA | 13,481 | 141,126 | 100.3 | |||||||||
Viscofan SA | 10,506 | 729,563 | 518.3 | |||||||||
|
|
|
| |||||||||
1,073,759 | ||||||||||||
Sweden | ||||||||||||
AcadeMedia AB | 10,839 | 104,943 | 74.6 | |||||||||
Arjo AB | 9,999 | 126,305 | 89.7 | |||||||||
Cibus Nordic Real Estate AB | 5,503 | 149,962 | 106.5 | |||||||||
Corem Property Group AB | 22,356 | 56,744 | 40.3 |
Security | Shares | Value | % of Basket Value | |||||||||
Sweden (continued) | ||||||||||||
Fortnox AB | 3,557 | $ | 190,816 | 135.6 | % | |||||||
Hexatronic Group AB | 2,344 | 47,672 | 33.9 | |||||||||
HMS Networks AB | 3,114 | 146,324 | 104.0 | |||||||||
Investment AB Oresund | 1,379 | 28,002 | 19.9 | |||||||||
INVISIO AB | 674 | 13,968 | 9.9 | |||||||||
Pandox AB | 1,427 | 23,887 | 17.0 | |||||||||
Sagax AB | 7,636 | 30,394 | 21.6 | |||||||||
Storytel AB | 1,643 | 42,562 | 30.2 | |||||||||
SwedenCare AB | 12,587 | 199,517 | 141.7 | |||||||||
Troax Group AB | 19,637 | 710,576 | 504.8 | |||||||||
Vitrolife AB | 10,206 | 581,411 | 413.1 | |||||||||
|
|
|
| |||||||||
2,453,083 | ||||||||||||
Switzerland | ||||||||||||
Autoneum Holding AG | 2,312 | 443,943 | 315.4 | |||||||||
Inficon Holding AG | 473 | 569,847 | 404.9 | |||||||||
Medacta Group SA | 1,437 | 204,005 | 144.9 | |||||||||
Rieter Holding AG | 372 | 87,476 | 62.1 | |||||||||
Sensirion Holding AG | 5,760 | 561,336 | 398.8 | |||||||||
|
|
|
| |||||||||
1,866,607 | ||||||||||||
United Kingdom | ||||||||||||
888 Holdings PLC | 78,367 | 404,698 | 287.5 | |||||||||
Abcam PLC | 3,816 | 72,032 | 51.2 | |||||||||
AJ Bell PLC | 120,264 | 703,105 | 499.5 | |||||||||
Clipper Logistics PLC | 82,026 | 962,297 | 683.7 | |||||||||
Craneware PLC | 902 | 27,771 | 19.7 | |||||||||
CVS Group PLC | 27,248 | 909,905 | 646.4 | |||||||||
Domino’s Pizza Group PLC | 79,089 | 460,403 | 327.1 | |||||||||
Drax Group PLC | 8,472 | 47,458 | 33.7 | |||||||||
Ergomed PLC | 10 | 171 | 0.1 | |||||||||
Forterra PLC | 117,678 | 493,989 | 351.0 | |||||||||
Hunting PLC | 30,545 | 89,070 | 63.3 | |||||||||
Johnson Service Group PLC | 192,910 | 417,234 | 296.4 | |||||||||
Luceco PLC | 31,252 | 168,548 | 119.8 | |||||||||
Luxfer Holdings PLC | 3,984 | 83,066 | 59.0 | |||||||||
Marshalls PLC | 17,786 | 180,418 | 128.2 | |||||||||
Moneysupermarket.com Group PLC | 218,329 | 770,554 | 547.4 | |||||||||
Ninety One PLC. | 160,539 | 507,888 | 360.8 | |||||||||
SThree PLC | 4,470 | 31,106 | 22.1 | |||||||||
TI Fluid Systems PLC | 10,292 | 44,327 | 31.5 | |||||||||
Victrex PLC | 10,374 | 382,569 | 271.8 | |||||||||
Virgin Money UK PLC | 44,205 | 122,737 | 87.2 | |||||||||
|
|
|
| |||||||||
6,879,346 | ||||||||||||
United States | ||||||||||||
1-800-Flowers.com, Inc., Class A | 18,962 | 578,341 | 410.9 | |||||||||
Aaron’s Co., Inc. | 16,780 | 484,439 | 344.2 | |||||||||
Accel Entertainment, Inc. | 41,717 | 461,390 | 327.8 | |||||||||
ACCO Brands Corp. | 60,340 | 539,440 | 383.2 | |||||||||
ACM Research, Inc., Class A | 766 | 71,131 | 50.5 | |||||||||
Akouos, Inc. | 26,810 | 291,425 | 207.0 | |||||||||
American Axle & Manufacturing Holdings, Inc. | 28,688 | 277,987 | 197.5 | |||||||||
American Woodmark Corp. | 8,307 | 616,795 | 438.2 | |||||||||
Assetmark Financial Holdings, Inc. | 30,786 | 803,515 | 570.9 | |||||||||
Avrobio, Inc. | 10,837 | 79,760 | 56.7 | |||||||||
Axcelis Technologies, Inc. | 657 | 25,327 | 18.0 | |||||||||
AZZ, Inc. | 1,703 | 90,242 | 64.1 | |||||||||
Bank of Marin Bancorp | 12,056 | 418,343 | 297.2 | |||||||||
Bloomin’ Brands, Inc. | 1,505 | 37,821 | 26.9 | |||||||||
Blucora, Inc. | 12,558 | 211,728 | 150.4 | |||||||||
Box, Inc., Class A | 27,058 | 647,227 | 459.8 | |||||||||
Brigham Minerals, Inc., Class A | 9,568 | 187,916 | 133.5 |
SCHEDULE OF INVESTMENTS | 31 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
BrightView Holdings, Inc. | 13,533 | $ | 216,934 | 154.1 | % | |||||||
BRP Group, Inc., Class A | 9,255 | 252,291 | 179.2 | |||||||||
BTRS Holdings, Inc. | 8,218 | 96,233 | 68.4 | |||||||||
Cactus, Inc., Class A | 1,663 | 59,935 | 42.6 | |||||||||
Caesarstone Ltd. | 55,077 | 730,872 | 519.2 | |||||||||
Caleres, Inc. | 14,784 | 365,756 | 259.9 | |||||||||
Camden National Corp. | 697 | 31,205 | 22.2 | |||||||||
Capital City Bank Group, Inc. | 17,756 | 432,181 | 307.0 | |||||||||
Castle Biosciences, Inc. | 3,619 | 252,787 | 179.6 | |||||||||
CBIZ, Inc. | 1,438 | 46,505 | 33.0 | |||||||||
Chatham Lodging Trust | 9,679 | 118,858 | 84.4 | |||||||||
ChemoCentryx, Inc. | 12,114 | 179,045 | 127.2 | |||||||||
Chuy’s Holdings, Inc. | 6,249 | 206,217 | 146.5 | |||||||||
Clear Channel Outdoor Holdings, Inc. | 104,291 | 277,414 | 197.1 | |||||||||
Cohen & Steers, Inc. | 270 | 22,467 | 16.0 | |||||||||
Cornerstone Building Brands, Inc. | 3,869 | 65,077 | 46.2 | |||||||||
Delek US Holdings, Inc. | 36,728 | 638,333 | 453.5 | |||||||||
Domo, Inc., Class B | 1,688 | 149,101 | 105.9 | |||||||||
Donegal Group, Inc., Class A | 35,461 | 548,582 | 389.7 | |||||||||
DXP Enterprises, Inc. | 17,308 | 565,106 | 401.5 | |||||||||
Eargo, Inc. | 4,031 | 145,116 | 103.1 | |||||||||
Easterly Government Properties, Inc. | 5,977 | 135,678 | 96.4 | |||||||||
Ennis, Inc. | 22,566 | 446,130 | 317.0 | |||||||||
Enova International, Inc. | 2,797 | 92,553 | 65.8 | |||||||||
EnPro Industries, Inc. | 850 | 79,152 | 56.2 | |||||||||
EverQuote, Inc., Class A | 10,087 | 304,426 | 216.3 | |||||||||
Exponent, Inc. | 4,686 | 501,824 | 356.5 | |||||||||
First Financial Corp. | 29,423 | 1,178,391 | 837.2 | |||||||||
First Interstate Bancsystem, Inc., Class A | 7,555 | 316,706 | 225.0 | |||||||||
Forestar Group, Inc. | 4,756 | 97,355 | 69.2 | |||||||||
Forrester Research, Inc. | 6,585 | 308,507 | 219.2 | |||||||||
Franklin Street Properties Corp. | 41,386 | 216,035 | 153.5 | |||||||||
frontdoor, Inc. | 15,789 | 772,714 | 549.0 | |||||||||
FRP Holdings, Inc. | 4,230 | 254,350 | 180.7 | |||||||||
Fulton Financial Corp. | 4,552 | 69,737 | 49.5 | |||||||||
Gates Industrial Corp. PLC | 2,223 | 40,259 | 28.6 | |||||||||
Gladstone Commercial Corp. | 2,128 | 49,327 | 35.0 | |||||||||
Global Indemnity Group LLC, Class A | 89 | 2,288 | 1.6 | |||||||||
Global Medical REIT, Inc. | 26,858 | 417,910 | 296.9 | |||||||||
GoHealth, Inc., Class A | 29,566 | 260,181 | 184.8 | |||||||||
GoPro, Inc., Class A | 10,979 | 112,425 | 79.9 | |||||||||
Graham Holdings Co., Class B | 415 | 275,834 | 196.0 | |||||||||
Greenbrier Cos., Inc. | 6,084 | 260,395 | 185.0 | |||||||||
Groupon, Inc. | 2,146 | 78,050 | 55.5 | |||||||||
GTT Communications, Inc. | 96,429 | 54,000 | 38.4 | |||||||||
Haverty Furniture Cos., Inc. | 7,317 | 263,339 | 187.1 | |||||||||
Heartland Express, Inc. | 10,446 | 177,895 | 126.4 | |||||||||
Hemisphere Media Group, Inc. | 13,852 | 176,059 | 125.1 | |||||||||
HNI Corp. | 2,143 | 79,934 | 56.8 | |||||||||
Hub Group, Inc., Class A | 13,749 | 911,284 | 647.4 | |||||||||
Huron Consulting Group, Inc. | 9,691 | 476,119 | 338.3 | |||||||||
ICF International, Inc. | 3,190 | 292,108 | 207.5 | |||||||||
Innospec, Inc. | 8,644 | 764,562 | 543.2 | |||||||||
Inovalon Holdings, Inc., Class A | 14,232 | 539,108 | 383.0 | |||||||||
Inter Parfums, Inc. | 10,718 | 823,893 | 585.3 | |||||||||
Interface, Inc. | 6,454 | 93,067 | 66.1 | |||||||||
iRhythm Technologies, Inc. | 3,008 | 153,769 | 109.2 | |||||||||
iRobot Corp. | 6,781 | 593,337 | 421.5 | |||||||||
J&J Snack Foods Corp. | 9,716 | 1,597,116 | 1,134.7 | |||||||||
Kirby Corp. | 9,488 | 549,450 | 390.4 | |||||||||
LeMaitre Vascular, Inc. | 13,992 | 762,004 | 541.4 | |||||||||
LendingClub Corp. | 8,648 | 211,011 | 149.9 |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
LiveRamp Holdings, Inc. | 45,225 | $ | 1,809,452 | 1,285.5 | % | |||||||
Luther Burbank Corp. | 15,784 | 204,561 | 145.3 | |||||||||
Macerich Co. | 2,051 | 33,431 | 23.8 | |||||||||
Matador Resources Co. | 1,216 | 37,574 | 26.7 | |||||||||
Materion Corp. | 1,608 | 114,747 | 81.5 | |||||||||
Midland States Bancorp, Inc. | 523 | 12,871 | 9.1 | |||||||||
MidWestOne Financial Group, Inc. | 3,780 | 110,111 | 78.2 | |||||||||
Mimecast Ltd. | 4,318 | 239,865 | 170.4 | |||||||||
Minerals Technologies, Inc. | 2,684 | 215,310 | 153.0 | |||||||||
Mitek Systems, Inc. | 2,389 | 52,821 | 37.5 | |||||||||
Moelis & Co., Class A | 6,665 | 394,901 | 280.6 | |||||||||
Moog, Inc., Class A | 1,004 | 78,181 | 55.5 | |||||||||
Movado Group, Inc. | 2,687 | 80,798 | 57.4 | |||||||||
MRC Global, Inc. | 64,405 | 590,594 | 419.6 | |||||||||
Natus Medical, Inc. | 6,150 | 164,205 | 116.7 | |||||||||
Nelnet, Inc., Class A | 9,864 | 742,759 | 527.7 | |||||||||
NETSTREIT Corp. | 14,527 | 376,976 | 267.8 | |||||||||
NexTier Oilfield Solutions, Inc. | 16,902 | 64,566 | 45.9 | |||||||||
nLight, Inc. | 14,482 | 502,381 | 356.9 | |||||||||
NOW, Inc. | 54,298 | 535,921 | 380.7 | |||||||||
ONE Gas, Inc. | 7,797 | 575,263 | 408.7 | |||||||||
OptimizeRx Corp. | 2,455 | 135,688 | 96.4 | |||||||||
Origin Bancorp, Inc. | 16,926 | 688,550 | 489.2 | |||||||||
OSI Systems, Inc. | 3,359 | 336,068 | 238.8 | |||||||||
Outfront Media, Inc. | 11,675 | 278,916 | 198.2 | |||||||||
Ovintiv, Inc. | 6,485 | 166,405 | 118.2 | |||||||||
PBF Energy, Inc., Class A | 12,928 | 118,550 | 84.2 | |||||||||
Peoples Bancorp, Inc. | 30,406 | 896,673 | 637.0 | |||||||||
Perdoceo Education Corp. | 4,678 | 55,481 | 39.4 | |||||||||
PetIQ, Inc. | 9,209 | 325,630 | 231.3 | |||||||||
Photronics, Inc. | 7,193 | 96,170 | 68.3 | |||||||||
Ping Identity Holding Corp. | 2,419 | 53,387 | 37.9 | |||||||||
Plains GP Holdings LP, Class A | 62,329 | 653,831 | 464.5 | |||||||||
PRA Group, Inc. | 25,874 | 1,003,652 | 713.0 | |||||||||
Progress Software Corp. | 6,331 | 288,630 | 205.1 | |||||||||
PTC Therapeutics, Inc. | 8,405 | 322,164 | 228.9 | |||||||||
Quaker Chemical Corp. | 633 | 159,351 | 113.2 | |||||||||
QuinStreet, Inc. | 4,115 | 75,469 | 53.6 | |||||||||
Quotient Technology, Inc. | 28,074 | 304,884 | 216.6 | |||||||||
RadNet, Inc. | 888 | 32,625 | 23.2 | |||||||||
RealReal, Inc. | 26,642 | 439,859 | 312.5 | |||||||||
Resources Connection, Inc. | 19,121 | 296,184 | 210.4 | |||||||||
REX American Resources Corp. | 318 | 26,076 | 18.5 | |||||||||
RLI Corp. | 15,988 | 1,732,779 | 1,231.1 | |||||||||
RPT Realty | 5,413 | 68,962 | 49.0 | |||||||||
Rush Enterprises, Inc., Class B | 3,935 | 172,668 | 122.7 | |||||||||
Schneider National, Inc., Class B | 4,894 | 109,821 | 78.0 | |||||||||
Selectquote, Inc. | 5,038 | 89,676 | 63.7 | |||||||||
Signet Jewelers Ltd. | 836 | 53,788 | 38.2 | |||||||||
Simpson Manufacturing Co., Inc. | 3,729 | 419,438 | 298.0 | |||||||||
Simulations Plus, Inc. | 9,381 | 442,689 | 314.5 | |||||||||
SMART Global Holdings, Inc. | 13,613 | 637,633 | 453.0 | |||||||||
Sonic Automotive, Inc., Class A | 12,089 | 659,455 | 468.5 | |||||||||
South Jersey Industries, Inc. | 19,688 | 495,547 | 352.1 | |||||||||
Southwest Gas Holdings, Inc. | 27,206 | 1,902,516 | 1,351.6 | |||||||||
Steelcase, Inc., Class A | 30,970 | 425,837 | 302.5 | |||||||||
Stepan Co. | 335 | 39,513 | 28.1 | |||||||||
Strategic Education, Inc. | 498 | 39,486 | 28.1 | |||||||||
Stride, Inc. | 2,401 | 73,615 | 52.3 | |||||||||
Tabula Rasa HealthCare, Inc. | 914 | 39,265 | 27.9 | |||||||||
Tactile Systems Technology, Inc. | 4,473 | 219,088 | 155.7 | |||||||||
Taysha Gene Therapies, Inc. | 4,941 | 85,430 | 60.7 |
32 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
TechTarget, Inc. | 1,426 | $ | 104,212 | 74.0 | % | |||||||
Telephone & Data Systems, Inc. | 19,722 | 440,787 | 313.2 | |||||||||
Terex Corp. | 5,678 | 272,090 | 193.3 | |||||||||
Terreno Realty Corp. | 3,895 | 266,262 | 189.2 | |||||||||
Trico Bancshares | 9,357 | 368,946 | 262.1 | |||||||||
TriState Capital Holdings, Inc. | 3,487 | 70,821 | 50.3 | |||||||||
TrueCar, Inc. | 5,913 | 31,102 | 22.1 | |||||||||
UMH Properties, Inc. | 8,130 | 189,266 | 134.5 | |||||||||
Under Armour, Inc., Class C | 21,598 | 378,397 | 268.8 | |||||||||
United Bankshares, Inc. | 20,455 | 706,516 | 501.9 | |||||||||
United States Cellular Corp. | 12,586 | 457,627 | 325.1 | |||||||||
Universal Electronics, Inc. | 7,067 | 330,312 | 234.7 | |||||||||
Universal Health Realty Income Trust | 5,635 | 336,691 | 239.2 | |||||||||
Upland Software, Inc. | 22,100 | 795,600 | 565.2 | |||||||||
Varex Imaging Corp. | 9,032 | 246,574 | 175.2 | |||||||||
Verint Systems, Inc. | 28,639 | 1,222,026 | 868.2 | |||||||||
Victory Capital Holdings Inc., Class A | 26,021 | 793,380 | 563.7 | |||||||||
Vital Farms, Inc. | 5,795 | 100,891 | 71.7 | |||||||||
Waterstone Financial, Inc. | 14,691 | 289,853 | 205.9 | |||||||||
Watts Water Technologies, Inc., Class A | 1,493 | 225,085 | 159.9 | |||||||||
WD-40 Co. | 272 | 66,093 | 47.0 | |||||||||
Willdan Group, Inc. | 733 | 30,236 | 21.5 | |||||||||
XPEL Inc. | 4,703 | 435,498 | 309.4 | |||||||||
Yelp, Inc. | 11,181 | 418,169 | 297.1 | |||||||||
Yext, Inc. | 21,948 | 285,982 | 203.2 | |||||||||
Zuora, Inc., Class A | 33,609 | 581,100 | 412.8 | |||||||||
Zynex, Inc. | 3,781 | 52,518 | 37.3 | |||||||||
|
|
|
| |||||||||
56,905,895 | ||||||||||||
|
| |||||||||||
Total Reference Entity — Long |
| 121,499,922 | ||||||||||
|
| |||||||||||
Reference Entity — Short |
| |||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
AP Eagers Ltd. | (78,323 | ) | (914,661 | ) | (649.8 | ) | ||||||
BWX Ltd. | (45,508 | ) | (166,980 | ) | (118.6 | ) | ||||||
City Chic Collective Ltd. | (13,151 | ) | (51,534 | ) | (36.6 | ) | ||||||
Elders Ltd. | (314,281 | ) | (2,615,286 | ) | (1,858.0 | ) | ||||||
Electro Optic Systems Holdings Ltd. | (264,851 | ) | (802,787 | ) | (570.3 | ) | ||||||
EML Payments Ltd. | (29,107 | ) | (76,357 | ) | (54.3 | ) | ||||||
Galaxy Resources Ltd. | (82,105 | ) | (281,195 | ) | (199.8 | ) | ||||||
Integrated Research Ltd. | (50,534 | ) | (68,533 | ) | (48.7 | ) | ||||||
InvoCare Ltd. | (21,536 | ) | (169,507 | ) | (120.4 | ) | ||||||
IPH Ltd. | (37,542 | ) | (223,254 | ) | (158.6 | ) | ||||||
IRESS Ltd. | (13,186 | ) | (136,845 | ) | (97.2 | ) | ||||||
Monadelphous Group Ltd. | (49,696 | ) | (394,480 | ) | (280.3 | ) | ||||||
nearmap Ltd. | (148,924 | ) | (226,449 | ) | (160.9 | ) | ||||||
OceanaGold Corp. | (153,228 | ) | (298,448 | ) | (212.0 | ) | ||||||
Premier Investments Ltd. | (29,819 | ) | (590,300 | ) | (419.4 | ) | ||||||
Ramelius Resources Ltd. | (54,271 | ) | (67,275 | ) | (47.8 | ) | ||||||
Redbubble Ltd. | (146,076 | ) | (348,256 | ) | (247.4 | ) | ||||||
Sandfire Resources Ltd. | (46,891 | ) | (237,341 | ) | (168.6 | ) | ||||||
Select Harvests Ltd. | (44,824 | ) | (261,867 | ) | (186.1 | ) | ||||||
Webjet Ltd. | (148,535 | ) | (545,405 | ) | (387.5 | ) | ||||||
Western Areas Ltd. | (335,029 | ) | (643,854 | ) | (457.4 | ) | ||||||
|
|
|
| |||||||||
(9,120,614 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Austria | ||||||||||||
DO & Co. AG | (400 | ) | $ | (32,673 | ) | (23.2 | )% | |||||
FACC AG | (2,680 | ) | (27,639 | ) | (19.6 | ) | ||||||
|
|
|
| |||||||||
(60,312 | ) | |||||||||||
Bahamas | ||||||||||||
OneSpaWorld Holdings Ltd. | (3,698 | ) | (36,536 | ) | (26.0 | ) | ||||||
|
|
|
| |||||||||
Belgium | ||||||||||||
Biocartis NV | (21 | ) | (100 | ) | (0.1 | ) | ||||||
|
|
|
| |||||||||
Bermuda | ||||||||||||
Triton International Ltd. | (25,352 | ) | (1,338,332 | ) | (950.8 | ) | ||||||
|
|
|
| |||||||||
Canada | ||||||||||||
AirBoss of America Corp. | (2,239 | ) | (66,617 | ) | (47.3 | ) | ||||||
Canaccord Genuity Group, Inc. | (15,780 | ) | (172,017 | ) | (122.2 | ) | ||||||
Celestica, Inc. | (41,985 | ) | (371,188 | ) | (263.7 | ) | ||||||
Labrador Iron Ore Royalty Corp. | (2,459 | ) | (97,781 | ) | (69.5 | ) | ||||||
Largo Resources Ltd. | (10,274 | ) | (167,994 | ) | (119.4 | ) | ||||||
New Gold, Inc. | (119,721 | ) | (195,760 | ) | (139.1 | ) | ||||||
North West Co., Inc. | (3,880 | ) | (113,079 | ) | (80.3 | ) | ||||||
Orla Mining Ltd. | (39,415 | ) | (166,177 | ) | (118.1 | ) | ||||||
Russel Metals, Inc. | (17,370 | ) | (490,080 | ) | (348.2 | ) | ||||||
Seabridge Gold, Inc. | (1,949 | ) | (35,290 | ) | (25.1 | ) | ||||||
Sleep Country Canada Holdings, Inc. | (6,684 | ) | (157,564 | ) | (111.9 | ) | ||||||
Solaris Resources, Inc. | (11,721 | ) | (138,574 | ) | (98.4 | ) | ||||||
Torex Gold Resources, Inc. | (54,354 | ) | (611,243 | ) | (434.3 | ) | ||||||
Trisura Group Ltd. | (1,388 | ) | (51,844 | ) | (36.8 | ) | ||||||
Village Farms International, Inc. | (23,363 | ) | (225,091 | ) | (159.9 | ) | ||||||
|
|
|
| |||||||||
(3,060,299 | ) | |||||||||||
Chile | ||||||||||||
Liberty Latin America Ltd., Class C | (25,049 | ) | (346,428 | ) | (246.1 | ) | ||||||
|
|
|
| |||||||||
China | ||||||||||||
Fosun Tourism Group | (128,400 | ) | (149,593 | ) | (106.3 | ) | ||||||
|
|
|
| |||||||||
Denmark | ||||||||||||
Atlantic Sapphire ASA | (14,719 | ) | (128,910 | ) | (91.6 | ) | ||||||
NTG Nordic Transport Group A/S | (4,722 | ) | (366,862 | ) | (260.6 | ) | ||||||
Per Aarsleff Holding A/S | (5,831 | ) | (251,304 | ) | (178.6 | ) | ||||||
|
|
|
| |||||||||
(747,076 | ) | |||||||||||
Finland | ||||||||||||
BasWare OYJ | (12,860 | ) | (592,140 | ) | (420.7 | ) | ||||||
Citycon OYJ | (11,859 | ) | (104,316 | ) | (74.1 | ) | ||||||
Oriola OYJ, Class B | (2,751 | ) | (6,344 | ) | (4.5 | ) | ||||||
Sanoma OYJ | (30,452 | ) | (564,974 | ) | (401.4 | ) | ||||||
|
|
|
| |||||||||
(1,267,774 | ) | |||||||||||
France | ||||||||||||
Albioma SA | (827 | ) | (33,046 | ) | (23.5 | ) | ||||||
IPSOS | (37 | ) | (1,719 | ) | (1.2 | ) | ||||||
Kaufman & Broad SA | (2,385 | ) | (105,825 | ) | (75.2 | ) | ||||||
Mercialys SA | (2,185 | ) | (26,468 | ) | (18.8 | ) | ||||||
|
|
|
| |||||||||
(167,058 | ) | |||||||||||
Germany | ||||||||||||
CECONOMY AG | (23,587 | ) | (113,159 | ) | (80.4 | ) | ||||||
Corestate Capital Holding SA | (32,411 | ) | (483,670 | ) | (343.6 | ) | ||||||
Home24 SE | (13,023 | ) | (232,037 | ) | (164.8 | ) | ||||||
Instone Real Estate Group AG | (15,308 | ) | (473,953 | ) | (336.7 | ) | ||||||
Medios AG | (5,032 | ) | (203,251 | ) | (144.4 | ) |
SCHEDULE OF INVESTMENTS | 33 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Germany (continued) | ||||||||||||
Sixt SE | (12,980 | ) | $ | (1,805,849 | ) | (1,283.0 | )% | |||||
Vossloh AG | (1,059 | ) | (53,327 | ) | (37.9 | ) | ||||||
|
|
|
| |||||||||
(3,365,246 | ) | |||||||||||
Hong Kong | ||||||||||||
Hong Kong Television Network Ltd. | (424,000 | ) | (594,951 | ) | (422.7 | ) | ||||||
|
|
|
| |||||||||
Israel | ||||||||||||
Azorim-Investment Development & Construction Co. Ltd. | (9,658 | ) | (36,499 | ) | (25.9 | ) | ||||||
Camtek Ltd. | (9,040 | ) | (324,957 | ) | (230.9 | ) | ||||||
Electreon Wireless Ltd. | (4,907 | ) | (257,565 | ) | (183.0 | ) | ||||||
Malam - Team Ltd. | (81 | ) | (2,699 | ) | (1.9 | ) | ||||||
Naphtha Israel Petroleum Corp. Ltd. | (12,801 | ) | (58,928 | ) | (41.9 | ) | ||||||
Property & Building Corp. Ltd. | (2,329 | ) | (288,947 | ) | (205.3 | ) | ||||||
Radware Ltd. | (3,277 | ) | (105,618 | ) | (75.0 | ) | ||||||
|
|
|
| |||||||||
(1,075,213 | ) | |||||||||||
Italy | ||||||||||||
Banca Popolare di Sondrio SCPA | (28,134 | ) | (123,929 | ) | (88.0 | ) | ||||||
Credito Emiliano SpA | (8,016 | ) | (51,374 | ) | (36.5 | ) | ||||||
De’ Longhi SpA | (1,539 | ) | (68,055 | ) | (48.4 | ) | ||||||
doValue SpA | (3,522 | ) | (40,375 | ) | (28.7 | ) | ||||||
Falck Renewables SpA | (11,840 | ) | (81,358 | ) | (57.8 | ) | ||||||
Fila SpA | (9,876 | ) | (123,600 | ) | (87.8 | ) | ||||||
Societa Cattolica di Assicurazioni | (21,276 | ) | (174,578 | ) | (124.0 | ) | ||||||
|
|
|
| |||||||||
(663,269 | ) | |||||||||||
Japan | ||||||||||||
Aeon Delight Co. Ltd. | (6,000 | ) | (197,413 | ) | (140.2 | ) | ||||||
Aiful Corp. | (312,900 | ) | (983,465 | ) | (698.7 | ) | ||||||
Alpha Systems, Inc. | (3,600 | ) | (131,886 | ) | (93.7 | ) | ||||||
Aomori Bank Ltd. | (3,200 | ) | (57,958 | ) | (41.2 | ) | ||||||
Awa Bank Ltd. | (22,000 | ) | (398,196 | ) | (282.9 | ) | ||||||
Bank of Okinawa Ltd. | (11,100 | ) | (250,363 | ) | (177.9 | ) | ||||||
BML, Inc. | (5,900 | ) | (203,772 | ) | (144.8 | ) | ||||||
Bunka Shutter Co. Ltd. | (7,400 | ) | (79,632 | ) | (56.6 | ) | ||||||
cocokara fine, Inc. | (11,400 | ) | (851,086 | ) | (604.6 | ) | ||||||
Daibiru Corp. | (43,100 | ) | (550,629 | ) | (391.2 | ) | ||||||
Daihen Corp. | (4,600 | ) | (206,300 | ) | (146.6 | ) | ||||||
Daiho Corp. | (200 | ) | (7,762 | ) | (5.5 | ) | ||||||
Daishi Hokuetsu Financial Group, Inc. | (9,300 | ) | (205,574 | ) | (146.0 | ) | ||||||
Descente Ltd. | (7,000 | ) | (190,494 | ) | (135.3 | ) | ||||||
Digital Garage, Inc. | (10,300 | ) | (427,550 | ) | (303.7 | ) | ||||||
Eagle Industry Co. Ltd. | (6,800 | ) | (80,399 | ) | (57.1 | ) | ||||||
Earth Corp. | (5,000 | ) | (296,106 | ) | (210.4 | ) | ||||||
ESPEC Corp. | (6,900 | ) | (144,929 | ) | (103.0 | ) | ||||||
Fuji Co. Ltd/Ehime | (6,400 | ) | (113,832 | ) | (80.9 | ) | ||||||
Fujitec Co. Ltd. | (61,900 | ) | (1,375,225 | ) | (977.0 | ) | ||||||
Fukushima Galilei Co. Ltd. | (2,800 | ) | (115,496 | ) | (82.1 | ) | ||||||
HIS Co. Ltd. | (16,600 | ) | (357,828 | ) | (254.2 | ) | ||||||
Hitachi Zosen Corp. | (52,500 | ) | (379,314 | ) | (269.5 | ) | ||||||
Hokkoku Bank Ltd. | (4,200 | ) | (78,162 | ) | (55.5 | ) | ||||||
Hoshino Resorts REIT, Inc. | (47 | ) | (298,953 | ) | (212.4 | ) | ||||||
Hosokawa Micron Corp. | (4,900 | ) | (278,585 | ) | (197.9 | ) | ||||||
Ichikoh Industries Ltd. | (6,700 | ) | (44,976 | ) | (31.9 | ) | ||||||
Invesco Office J-Reit, Inc. | (1,021 | ) | (211,827 | ) | (150.5 | ) | ||||||
Itochu-Shokuhin Co. Ltd. | (1,000 | ) | (47,132 | ) | (33.5 | ) | ||||||
Jaccs Co. Ltd. | (2,600 | ) | (60,465 | ) | (43.0 | ) | ||||||
Juroku Bank Ltd. | (7,500 | ) | (132,549 | ) | (94.2 | ) | ||||||
Kanto Denka Kogyo Co. Ltd. | (29,800 | ) | (286,529 | ) | (203.6 | ) | ||||||
Kappa Create Co. Ltd. | (2,900 | ) | (37,410 | ) | (26.6 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Keiyo Co. Ltd. | (64,600 | ) | $ | (492,880 | ) | (350.2 | )% | |||||
Key Coffee, Inc. | (15,000 | ) | (289,955 | ) | (206.0 | ) | ||||||
Kintetsu Department Store Co. Ltd. | (15,200 | ) | (426,750 | ) | (303.2 | ) | ||||||
Kiyo Bank Ltd. | (35,900 | ) | (478,996 | ) | (340.3 | ) | ||||||
Koa Corp. | (1,800 | ) | (27,680 | ) | (19.7 | ) | ||||||
Kojima Co. Ltd. | (26,600 | ) | (167,529 | ) | (119.0 | ) | ||||||
Konishi Co. Ltd. | (7,100 | ) | (105,352 | ) | (74.8 | ) | ||||||
Marusan Securities Co. Ltd. | (56,100 | ) | (304,122 | ) | (216.1 | ) | ||||||
Maruwa Co. Ltd/Aichi | (3,300 | ) | (323,231 | ) | (229.6 | ) | ||||||
Marvelous, Inc. | (9,400 | ) | (63,245 | ) | (44.9 | ) | ||||||
Matsuya Co. Ltd. | (61,100 | ) | (503,363 | ) | (357.6 | ) | ||||||
MCJ Co. Ltd. | (6,800 | ) | (76,881 | ) | (54.6 | ) | ||||||
Meitec Corp. | (4,600 | ) | (259,822 | ) | (184.6 | ) | ||||||
Mitani Sekisan Co. Ltd. | (3,600 | ) | (146,327 | ) | (104.0 | ) | ||||||
Mitsuuroko Group Holdings Co. Ltd. | (13,700 | ) | (157,165 | ) | (111.7 | ) | ||||||
Modec, Inc. | (8,000 | ) | (133,967 | ) | (95.2 | ) | ||||||
Musashino Bank Ltd. | (9,400 | ) | (140,975 | ) | (100.2 | ) | ||||||
Nichiden Corp. | (400 | ) | (8,122 | ) | (5.8 | ) | ||||||
Nippon Ceramic Co. Ltd. | (8,900 | ) | (235,903 | ) | (167.6 | ) | ||||||
Nippon Road Co. Ltd. | (2,900 | ) | (215,176 | ) | (152.9 | ) | ||||||
Nissha Co. Ltd. | (3,700 | ) | (52,094 | ) | (37.0 | ) | ||||||
Nissin Electric Co. Ltd. | (34,500 | ) | (402,214 | ) | (285.7 | ) | ||||||
Nitta Corp. | (1,200 | ) | (28,915 | ) | (20.5 | ) | ||||||
Noritake Co. Ltd/Nagoya Japan | (700 | ) | (27,021 | ) | (19.2 | ) | ||||||
Noritz Corp. | (5,500 | ) | (93,587 | ) | (66.5 | ) | ||||||
North Pacific Bank Ltd. | (286,400 | ) | (612,631 | ) | (435.2 | ) | ||||||
Okamura Corp. | (21,700 | ) | (307,350 | ) | (218.4 | ) | ||||||
Prima Meat Packers Ltd. | (15,300 | ) | (414,856 | ) | (294.7 | ) | ||||||
Qol Holdings Co. Ltd. | (16,600 | ) | (230,123 | ) | (163.5 | ) | ||||||
Ringer Hut Co. Ltd. | (8,700 | ) | (179,990 | ) | (127.9 | ) | ||||||
RS Technologies Co. Ltd. | (1,100 | ) | (58,880 | ) | (41.8 | ) | ||||||
Saibu Gas Co. Ltd. | (4,800 | ) | (106,424 | ) | (75.6 | ) | ||||||
San-Ai Oil Co. Ltd. | (10,300 | ) | (128,427 | ) | (91.2 | ) | ||||||
Seiren Co. Ltd. | (44,300 | ) | (900,961 | ) | (640.1 | ) | ||||||
Shizuoka Gas Co. Ltd. | (11,300 | ) | (118,132 | ) | (83.9 | ) | ||||||
Sinfonia Technology Co. Ltd. | (10,900 | ) | (126,144 | ) | (89.6 | ) | ||||||
Snow Peak, Inc. | (10,400 | ) | (386,855 | ) | (274.8 | ) | ||||||
Sodick Co. Ltd. | (58,400 | ) | (545,084 | ) | (387.3 | ) | ||||||
Sun Corp. | (19,000 | ) | (534,297 | ) | (379.6 | ) | ||||||
Suruga Bank Ltd. | (43,900 | ) | (132,820 | ) | (94.4 | ) | ||||||
T Hasegawa Co. Ltd. | (31,900 | ) | (743,117 | ) | (527.9 | ) | ||||||
Taihei Dengyo Kaisha Ltd. | (1,000 | ) | (24,206 | ) | (17.2 | ) | ||||||
Taki Chemical Co. Ltd. | (5,500 | ) | (290,923 | ) | (206.7 | ) | ||||||
Tamura Corp. | (93,800 | ) | (739,604 | ) | (525.4 | ) | ||||||
Tenma Corp. | (23,100 | ) | (542,040 | ) | (385.1 | ) | ||||||
Toei Co. Ltd. | (2,200 | ) | (396,913 | ) | (282.0 | ) | ||||||
Toho Bank Ltd. | (8,400 | ) | (15,881 | ) | (11.3 | ) | ||||||
Token Corp. | (1,100 | ) | (99,303 | ) | (70.5 | ) | ||||||
Tokyotokeiba Co. Ltd. | (23,500 | ) | (935,892 | ) | (664.9 | ) | ||||||
TOMONY Holdings, Inc. | (63,500 | ) | (172,974 | ) | (122.9 | ) | ||||||
Toyo Construction Co. Ltd. | (130,800 | ) | (700,421 | ) | (497.6 | ) | ||||||
Union Tool Co. | (2,400 | ) | (88,611 | ) | (63.0 | ) | ||||||
V Technology Co. Ltd. | (4,800 | ) | (210,422 | ) | (149.5 | ) | ||||||
World Holdings Co. Ltd. | (5,000 | ) | (145,358 | ) | (103.3 | ) | ||||||
Zojirushi Corp. | (2,100 | ) | (29,147 | ) | (20.7 | ) | ||||||
|
|
|
| |||||||||
(24,160,855 | ) | |||||||||||
Liechtenstein | ||||||||||||
Liechtensteinische Landesbank AG | (740 | ) | (43,674 | ) | (31.0 | ) | ||||||
|
|
|
|
34 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Malta | ||||||||||||
Media and Games Invest SE | (4,105 | ) | $ | (27,371 | ) | (19.4 | )% | |||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
Boskalis Westminster | (1,518 | ) | (47,770 | ) | (33.9 | ) | ||||||
Brack Capital Properties NV | (576 | ) | (61,512 | ) | (43.7 | ) | ||||||
Koninklijke BAM Groep NV | (168,461 | ) | (476,265 | ) | (338.4 | ) | ||||||
NSI NV | (4,221 | ) | (175,501 | ) | (124.7 | ) | ||||||
SIF Holding NV | (11,989 | ) | (200,661 | ) | (142.6 | ) | ||||||
Sligro Food Group NV | (589 | ) | (17,096 | ) | (12.1 | ) | ||||||
uniQure NV | (1,775 | ) | (51,493 | ) | (36.6 | ) | ||||||
|
|
|
| |||||||||
(1,030,298 | ) | |||||||||||
Norway | ||||||||||||
Aker Horizons Holding ASA | (39,305 | ) | (114,851 | ) | (81.6 | ) | ||||||
Aker Solutions ASA | (16,712 | ) | (31,788 | ) | (22.6 | ) | ||||||
Bonheur ASA | (239 | ) | (7,629 | ) | (5.4 | ) | ||||||
Sbanken ASA | (19,584 | ) | (238,517 | ) | (169.5 | ) | ||||||
Veidekke ASA | (15,236 | ) | (196,254 | ) | (139.4 | ) | ||||||
|
|
|
| |||||||||
(589,039 | ) | |||||||||||
Peru | ||||||||||||
Hochschild Mining PLC | (68,782 | ) | (147,359 | ) | (104.7 | ) | ||||||
|
|
|
| |||||||||
Singapore | ||||||||||||
Frasers Centrepoint Trust | (63,600 | ) | (113,627 | ) | (80.7 | ) | ||||||
Kulicke & Soffa Industries, Inc. | (1,132 | ) | (61,535 | ) | (43.7 | ) | ||||||
|
|
|
| |||||||||
(175,162 | ) | |||||||||||
Spain | ||||||||||||
eDreams ODIGEO SA | (1,384 | ) | (11,459 | ) | (8.1 | ) | ||||||
Grupo Empresarial San Jose SA | (11,064 | ) | (63,983 | ) | (45.5 | ) | ||||||
Lar Espana Real Estate Socimi SA | (3,367 | ) | (21,209 | ) | (15.1 | ) | ||||||
Metrovacesa SA | (13,113 | ) | (109,155 | ) | (77.6 | ) | ||||||
Neinor Homes SA | (2,535 | ) | (36,895 | ) | (26.2 | ) | ||||||
Solarpack Corp. Tecnologica SA | (3,713 | ) | (115,179 | ) | (81.8 | ) | ||||||
|
|
|
| |||||||||
(357,880 | ) | |||||||||||
Sweden | ||||||||||||
Attendo AB | (43,861 | ) | (214,665 | ) | (152.5 | ) | ||||||
Bonava AB | (23,135 | ) | (247,442 | ) | (175.8 | ) | ||||||
Bravida Holding AB | (14,628 | ) | (226,343 | ) | (160.8 | ) | ||||||
Clas Ohlson AB | (83,815 | ) | (859,728 | ) | (610.8 | ) | ||||||
Collector AB | (27,124 | ) | (113,084 | ) | (80.3 | ) | ||||||
Duni AB | (5,674 | ) | (74,745 | ) | (53.1 | ) | ||||||
Hexpol AB | (5,428 | ) | (73,902 | ) | (52.5 | ) | ||||||
Inwido AB | (9,654 | ) | (178,907 | ) | (127.1 | ) | ||||||
Karo Pharma AB | (32,285 | ) | (205,147 | ) | (145.8 | ) | ||||||
Mekonomen AB | (37,445 | ) | (598,970 | ) | (425.5 | ) | ||||||
Modern Times Group MTG AB | (87,217 | ) | (1,239,043 | ) | (880.3 | ) | ||||||
Nolato AB | (38,622 | ) | (428,711 | ) | (304.6 | ) | ||||||
Re:NewCell AB | (21,504 | ) | (518,746 | ) | (368.5 | ) | ||||||
Veoneer, Inc. | (29,917 | ) | (937,001 | ) | (665.7 | ) | ||||||
|
|
|
| |||||||||
(5,916,434 | ) | |||||||||||
Switzerland | ||||||||||||
Allreal Holding AG | (631 | ) | (130,540 | ) | (92.8 | ) | ||||||
Basilea Pharmaceutica AG | (7,372 | ) | (377,633 | ) | (268.3 | ) | ||||||
GAM Holding AG | (71,783 | ) | (155,294 | ) | (110.3 | ) | ||||||
Implenia AG | (24,713 | ) | (656,394 | ) | (466.3 | ) | ||||||
Mobilezone Holding AG | (15,693 | ) | (188,807 | ) | (134.1 | ) | ||||||
Mobimo Holding AG | (1,447 | ) | (496,415 | ) | (352.7 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Switzerland (continued) | ||||||||||||
Valiant Holding AG | (5,737 | ) | $ | (596,657 | ) | (423.9 | )% | |||||
Vontobel Holding AG | (592 | ) | (52,198 | ) | (37.1 | ) | ||||||
|
|
|
| |||||||||
(2,653,938 | ) | |||||||||||
United Kingdom | ||||||||||||
Argo Blockchain PLC | (85,521 | ) | (159,285 | ) | (113.2 | ) | ||||||
Blue Prism Group PLC | (44,816 | ) | (526,343 | ) | (373.9 | ) | ||||||
Bodycote PLC | (9,113 | ) | (114,284 | ) | (81.2 | ) | ||||||
Cairn Energy PLC | (49,583 | ) | (87,915 | ) | (62.5 | ) | ||||||
Capital & Counties Properties PLC | (66,368 | ) | (157,400 | ) | (111.8 | ) | ||||||
Crest Nicholson Holdings PLC | (24,872 | ) | (143,405 | ) | (101.9 | ) | ||||||
Essentra PLC | (146,291 | ) | (576,381 | ) | (409.5 | ) | ||||||
Euromoney Institutional Investor PLC | (1,853 | ) | (26,188 | ) | (18.6 | ) | ||||||
Finablr PLC | (44,203 | ) | (1 | ) | (0.0 | ) | ||||||
First Derivatives PLC | (2,117 | ) | (68,858 | ) | (48.9 | ) | ||||||
Genuit Group PLC | (689 | ) | (6,117 | ) | (4.3 | ) | ||||||
Go-Ahead Group PLC | (6,228 | ) | (88,993 | ) | (63.2 | ) | ||||||
Premier Foods PLC | (200,769 | ) | (310,883 | ) | (220.9 | ) | ||||||
Saga PLC | (18,906 | ) | (93,030 | ) | (66.1 | ) | ||||||
Senior PLC | (51,488 | ) | (115,941 | ) | (82.4 | ) | ||||||
Serica Energy PLC | (138,262 | ) | (300,576 | ) | (213.5 | ) | ||||||
TORM PLC | (3,856 | ) | (33,078 | ) | (23.5 | ) | ||||||
|
|
|
| |||||||||
(2,808,678 | ) | |||||||||||
United States | ||||||||||||
ABM Industries, Inc. | (23,503 | ) | (1,092,654 | ) | (776.3 | ) | ||||||
ADTRAN, Inc. | (58,035 | ) | (1,300,564 | ) | (924.0 | ) | ||||||
Adverum Biotechnologies, Inc. | (295,441 | ) | (670,651 | ) | (476.5 | ) | ||||||
Alexander & Baldwin, Inc. | (1,186 | ) | (23,744 | ) | (16.9 | ) | ||||||
Allscripts Healthcare Solutions, Inc. | (18,456 | ) | (315,228 | ) | (224.0 | ) | ||||||
Alto Ingredients, Inc. | (17,822 | ) | (94,457 | ) | (67.1 | ) | ||||||
American National Group, Inc. | (27 | ) | (4,454 | ) | (3.2 | ) | ||||||
Ameris Bancorp. | (23,946 | ) | (1,164,015 | ) | (827.0 | ) | ||||||
Apollo Medical Holdings, Inc. | (4,046 | ) | (357,545 | ) | (254.0 | ) | ||||||
AppHarvest, Inc. | (8,551 | ) | (101,928 | ) | (72.4 | ) | ||||||
Ares Management Corp., Class A | (25,140 | ) | (1,800,275 | ) | (1,279.0 | ) | ||||||
Argan, Inc. | (9,048 | ) | (406,708 | ) | (288.9 | ) | ||||||
Arko Corp. | (4,840 | ) | (40,172 | ) | (28.5 | ) | ||||||
Asbury Automotive Group, Inc. | (5,131 | ) | (1,054,215 | ) | (749.0 | ) | ||||||
Aterian, Inc. | (8,012 | ) | (72,348 | ) | (51.4 | ) | ||||||
Atlas Air Worldwide Holdings, Inc. | (9,728 | ) | (651,484 | ) | (462.8 | ) | ||||||
Avaya Holdings Corp. | (2,094 | ) | (50,717 | ) | (36.0 | ) | ||||||
Berkshire Hills Bancorp, Inc. | (1,659 | ) | (44,859 | ) | (31.9 | ) | ||||||
Blue Bird Corp. | (1,194 | ) | (29,850 | ) | (21.2 | ) | ||||||
Bluebird Bio, Inc. | (14,424 | ) | (366,514 | ) | (260.4 | ) | ||||||
Bristow Group, Inc. | (18,710 | ) | (486,086 | ) | (345.3 | ) | ||||||
Byline Bancorp, Inc. | (25,131 | ) | (618,474 | ) | (439.4 | ) | ||||||
California Water Service Group | (32,567 | ) | (2,041,300 | ) | (1,450.2 | ) | ||||||
Cal-Maine Foods, Inc. | (1,230 | ) | (42,915 | ) | (30.5 | ) | ||||||
Cara Therapeutics, Inc. | (18,852 | ) | (225,658 | ) | (160.3 | ) | ||||||
Casella Waste Systems, Inc. | (16,770 | ) | (1,153,441 | ) | (819.5 | ) | ||||||
Cavco Industries, Inc. | (4,739 | ) | (1,113,665 | ) | (791.2 | ) | ||||||
Citi Trends, Inc. | (2,351 | ) | (187,492 | ) | (133.2 | ) | ||||||
Columbia Property Trust, Inc. | (3,437 | ) | (57,295 | ) | (40.7 | ) | ||||||
CommScope Holding Co., Inc. | (11,592 | ) | (245,287 | ) | (174.3 | ) | ||||||
ConnectOne Bancorp, Inc. | (7,364 | ) | (193,673 | ) | (137.6 | ) | ||||||
Consolidated Communications Holdings, Inc. | (7,695 | ) | (59,175 | ) | (42.0 | ) | ||||||
Cracker Barrel Old Country Store, Inc. | (3,630 | ) | (494,333 | ) | (351.2 | ) | ||||||
CytomX Therapeutics, Inc. | (4,843 | ) | (26,201 | ) | (18.6 | ) | ||||||
Dana, Inc. | (13,120 | ) | (316,979 | ) | (225.2 | ) | ||||||
Danimer Scientific, Inc. | (2,071 | ) | (34,544 | ) | (24.5 | ) |
SCHEDULE OF INVESTMENTS | 35 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
Diversified Healthcare Trust | (45,005 | ) | $ | (175,520 | ) | (124.7 | )% | |||||
Driven Brands Holdings, Inc. | (2,844 | ) | (90,496 | ) | (64.3 | ) | ||||||
Dycom Industries, Inc. | (1,560 | ) | (108,264 | ) | (76.9 | ) | ||||||
Ebix, Inc. | (12,727 | ) | (384,610 | ) | (273.2 | ) | ||||||
Edgewell Personal Care Co. | (22,313 | ) | (916,618 | ) | (651.2 | ) | ||||||
El Pollo Loco Holdings, Inc. | (7,281 | ) | (135,499 | ) | (96.3 | ) | ||||||
Endo International PLC | (32,016 | ) | (162,001 | ) | (115.1 | ) | ||||||
Energy Fuels, Inc. | (72,874 | ) | (381,426 | ) | (271.0 | ) | ||||||
Enstar Group Ltd. | (1,371 | ) | (352,374 | ) | (250.3 | ) | ||||||
Evolent Health, Inc. | (3,984 | ) | (91,393 | ) | (64.9 | ) | ||||||
Federal Signal Corp. | (2,172 | ) | (86,033 | ) | (61.1 | ) | ||||||
Federated Investors, Inc., Class B | (4,535 | ) | (147,115 | ) | (104.5 | ) | ||||||
First Community Bankshares, Inc. | (3,757 | ) | (109,704 | ) | (77.9 | ) | ||||||
FirstCash, Inc. | (2,311 | ) | (183,031 | ) | (130.0 | ) | ||||||
Fluidigm Corp. | (12,851 | ) | (95,226 | ) | (67.7 | ) | ||||||
FormFactor, Inc. | (1,984 | ) | (73,924 | ) | (52.5 | ) | ||||||
Fresh Del Monte Produce, Inc. | (733 | ) | (22,620 | ) | (16.1 | ) | ||||||
Genesco, Inc. | (1,147 | ) | (65,895 | ) | (46.8 | ) | ||||||
Glatfelter Corp. | (32,966 | ) | (502,072 | ) | (356.7 | ) | ||||||
Global Industrial Co. | (6,651 | ) | (262,848 | ) | (186.7 | ) | ||||||
Granite Construction, Inc. | (10,326 | ) | (396,725 | ) | (281.9 | ) | ||||||
Great Lakes Dredge & Dock Corp. | (68,390 | ) | (1,053,206 | ) | (748.2 | ) | ||||||
Group 1 Automotive, Inc. | (4,068 | ) | (706,774 | ) | (502.1 | ) | ||||||
HealthStream, Inc. | (30,336 | ) | (886,115 | ) | (629.5 | ) | ||||||
Helios Technologies, Inc. | (276 | ) | (22,315 | ) | (15.9 | ) | ||||||
Herc Holdings, Inc. | (7,468 | ) | (926,331 | ) | (658.1 | ) | ||||||
Hilltop Holdings, Inc. | (15,652 | ) | (495,855 | ) | (352.3 | ) | ||||||
Hovnanian Enterprises, Inc., Class A | (1,129 | ) | (117,856 | ) | (83.7 | ) | ||||||
Ideanomics, Inc. | (72,142 | ) | (170,977 | ) | (121.5 | ) | ||||||
Ingevity Corp. | (5,453 | ) | (463,178 | ) | (329.1 | ) | ||||||
Innoviva, Inc. | (26,053 | ) | (369,432 | ) | (262.5 | ) | ||||||
Inogen, Inc. | (1,633 | ) | (130,264 | ) | (92.5 | ) | ||||||
Intersect ENT, Inc. | (10,959 | ) | (255,893 | ) | (181.8 | ) | ||||||
Jack in the Box, Inc. | (1,478 | ) | (160,895 | ) | (114.3 | ) | ||||||
Kadant, Inc. | (692 | ) | (124,650 | ) | (88.6 | ) | ||||||
Kennedy-Wilson Holdings, Inc. | (23,393 | ) | (472,305 | ) | (335.5 | ) | ||||||
Kforce, Inc. | (10,500 | ) | (655,515 | ) | (465.7 | ) | ||||||
Kronos Worldwide, Inc. | (7,343 | ) | (102,141 | ) | (72.6 | ) | ||||||
Landec Corp. | (43,631 | ) | (477,323 | ) | (339.1 | ) | ||||||
Laureate Education, Inc., Class A | (110,119 | ) | (1,630,862 | ) | (1,158.6 | ) | ||||||
LTC Properties, Inc. | (1,850 | ) | (70,023 | ) | (49.7 | ) | ||||||
Mack-Cali Realty Corp. | (21,290 | ) | (383,220 | ) | (272.3 | ) | ||||||
Masonite International Corp. | (325 | ) | (36,777 | ) | (26.1 | ) | ||||||
Matson, Inc. | (1,343 | ) | (90,142 | ) | (64.0 | ) | ||||||
Matthews International Corp., Class A | (3,329 | ) | (115,183 | ) | (81.8 | ) | ||||||
Maxar Technologies, Inc. | (6,202 | ) | (224,947 | ) | (159.8 | ) | ||||||
MBIA, Inc. | (2,758 | ) | (35,992 | ) | (25.6 | ) | ||||||
MEDNAX, Inc. | (19,836 | ) | (577,624 | ) | (410.4 | ) | ||||||
Meredith Corp. | (2,882 | ) | (125,770 | ) | (89.4 | ) | ||||||
Meridian Bioscience, Inc. | (22,691 | ) | (465,165 | ) | (330.5 | ) | ||||||
Methode Electronics, Inc. | (9,726 | ) | (465,195 | ) | (330.5 | ) | ||||||
MGM Growth Properties LLC | (11,605 | ) | (438,669 | ) | (311.6 | ) | ||||||
MiMedx Group, Inc. | (38,632 | ) | (473,628 | ) | (336.5 | ) | ||||||
ModivCare, Inc. | (1,314 | ) | (223,380 | ) | (158.7 | ) | ||||||
Monarch Casino & Resort, Inc. | (1,592 | ) | (101,649 | ) | (72.2 | ) | ||||||
Mr Cooper Group, Inc. | (18,205 | ) | (676,862 | ) | (480.9 | ) | ||||||
Multiplan Corp. | (46,191 | ) | (371,838 | ) | (264.2 | ) | ||||||
MYR Group, Inc. | (19,135 | ) | (1,829,880 | ) | (1,300.0 | ) | ||||||
Myriad Genetics, Inc. | (10,505 | ) | (332,273 | ) | (236.1 | ) | ||||||
Neenah, Inc. | (9,703 | ) | (487,770 | ) | (346.5 | ) | ||||||
Newmark Group, Inc. | (4,495 | ) | (57,896 | ) | (41.1 | ) | ||||||
Northfield Bancorp, Inc. | (24,270 | ) | (399,242 | ) | (283.6 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
United States (continued) | ||||||||||||
NV5 Global, Inc. | (1,920 | ) | $ | (182,400 | ) | (129.6 | )% | |||||
Option Care Health, Inc. | (10,638 | ) | (220,419 | ) | (156.6 | ) | ||||||
Owens & Minor, Inc. | (13,823 | ) | (639,314 | ) | (454.2 | ) | ||||||
Pactiv Evergreen, Inc. | (3,927 | ) | (56,824 | ) | (40.4 | ) | ||||||
Papa John’s International, Inc. | (2,169 | ) | (247,526 | ) | (175.9 | ) | ||||||
Patrick Industries, Inc. | (4,108 | ) | (339,444 | ) | (241.2 | ) | ||||||
Patterson-UTI Energy, Inc. | (49,155 | ) | (394,223 | ) | (280.1 | ) | ||||||
PC Connection, Inc. | (4,355 | ) | (207,124 | ) | (147.1 | ) | ||||||
Pilgrim’s Pride Corp. | (52,799 | ) | (1,169,498 | ) | (830.9 | ) | ||||||
Piper Sandler Cos | (11,562 | ) | (1,418,542 | ) | (1,007.8 | ) | ||||||
Plantronics, Inc. | (11,506 | ) | (358,872 | ) | (255.0 | ) | ||||||
Playa Hotels & Resorts NV | (18,506 | ) | (123,805 | ) | (88.0 | ) | ||||||
Plexus Corp. | (4,148 | ) | (374,647 | ) | (266.2 | ) | ||||||
PotlatchDeltic Corp. | (1,954 | ) | (101,491 | ) | (72.1 | ) | ||||||
Premier, Inc., Class A | (54,614 | ) | (1,946,443 | ) | (1,382.8 | ) | ||||||
Prestige Consumer Healthcare, Inc. | (1,298 | ) | (68,210 | ) | (48.5 | ) | ||||||
Radius Health, Inc. | (23,935 | ) | (362,137 | ) | (257.3 | ) | ||||||
Rayonier, Inc. | (1,387 | ) | (52,304 | ) | (37.2 | ) | ||||||
Repay Holdings Corp. | (10,918 | ) | (271,967 | ) | (193.2 | ) | ||||||
Ribbon Communications, Inc. | (7,908 | ) | (54,644 | ) | (38.8 | ) | ||||||
Rogers Corp. | (854 | ) | (162,772 | ) | (115.6 | ) | ||||||
S&T Bancorp, Inc. | (2,570 | ) | (75,687 | ) | (53.8 | ) | ||||||
Sandy Spring Bancorp, Inc. | (6,643 | ) | (276,282 | ) | (196.3 | ) | ||||||
Schnitzer Steel Industries, Inc., Class A | (7,778 | ) | (407,723 | ) | (289.7 | ) | ||||||
Seaboard Corp. | (109 | ) | (447,990 | ) | (318.3 | ) | ||||||
Shyft Group, Inc. | (19,645 | ) | (774,799 | ) | (550.5 | ) | ||||||
SIGA Technologies, Inc. | (44,827 | ) | (285,548 | ) | (202.9 | ) | ||||||
Simply Good Foods Co. | (2,554 | ) | (95,724 | ) | (68.0 | ) | ||||||
Skyline Champion Corp. | (14,614 | ) | (824,230 | ) | (585.6 | ) | ||||||
SkyWest, Inc. | (13,845 | ) | (560,584 | ) | (398.3 | ) | ||||||
SolarWinds Corp. | (162,559 | ) | (1,827,163 | ) | (1,298.1 | ) | ||||||
SP Plus Corp. | (9,144 | ) | (299,832 | ) | (213.0 | ) | ||||||
SpartanNash Co. | (7,084 | ) | (137,784 | ) | (97.9 | ) | ||||||
Spectrum Brands Holdings, Inc. | (12,192 | ) | (1,064,971 | ) | (756.6 | ) | ||||||
Spirit Airlines, Inc. | (1,986 | ) | (53,582 | ) | (38.1 | ) | ||||||
St Joe Co. | (15,606 | ) | (706,484 | ) | (501.9 | ) | ||||||
Standex International Corp. | (7,942 | ) | (730,664 | ) | (519.1 | ) | ||||||
Sterling Construction Co., Inc. | (23,231 | ) | (510,153 | ) | (362.4 | ) | ||||||
Summit Hotel Properties, Inc. | (16,101 | ) | (145,070 | ) | (103.1 | ) | ||||||
Sunstone Hotel Investors, Inc. | (37,706 | ) | (435,127 | ) | (309.1 | ) | ||||||
Super Micro Computer, Inc. | (4,791 | ) | (182,250 | ) | (129.5 | ) | ||||||
Targa Resources Corp. | (865 | ) | (36,425 | ) | (25.9 | ) | ||||||
Taro Pharmaceutical Industries Ltd. | (10,004 | ) | (712,285 | ) | (506.0 | ) | ||||||
Tivity Health, Inc. | (15,431 | ) | (387,009 | ) | (274.9 | ) | ||||||
Travere Therapeutics, Inc. | (7,892 | ) | (108,515 | ) | (77.1 | ) | ||||||
Tredegar Corp. | (36,241 | ) | (473,670 | ) | (336.5 | ) | ||||||
TreeHouse Foods, Inc. | (13,392 | ) | (594,605 | ) | (422.4 | ) | ||||||
TTEC Holdings, Inc. | (7,344 | ) | (767,448 | ) | (545.2 | ) | ||||||
Tutor Perini Corp. | (11,802 | ) | (166,054 | ) | (118.0 | ) | ||||||
Ultra Clean Holdings, Inc. | (3,556 | ) | (192,060 | ) | (136.4 | ) | ||||||
Unisys Corp. | (3,751 | ) | (83,835 | ) | (59.6 | ) | ||||||
Univest Financial Corp. | (1,476 | ) | (40,383 | ) | (28.7 | ) | ||||||
Utz Brands, Inc. | (9,847 | ) | (222,936 | ) | (158.4 | ) | ||||||
Vapotherm, Inc. | (1,307 | ) | (33,799 | ) | (24.0 | ) | ||||||
Vivint Smart Home, Inc. | (10,678 | ) | (131,019 | ) | (93.1 | ) | ||||||
World Acceptance Corp. | (127 | ) | (24,075 | ) | (17.1 | ) | ||||||
|
|
|
| |||||||||
(61,455,677 | ) | |||||||||||
|
| |||||||||||
Total Reference Entity — Short |
| (121,359,166 | ) | |||||||||
|
| |||||||||||
Net Value of Reference Entity — Goldman Sachs & Co. |
| $ | 140,756 | |||||||||
|
|
36 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with UBS AG as of period end, termination date August 7, 2022:
Security | Shares | Value | % of Basket Value | |||||||||
Reference Entity — Long |
| |||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
Alumina Ltd. | 105,255 | $ | 129,077 | 18.8 | % | |||||||
Atlas Arteria Ltd. | 42,812 | 196,988 | 28.8 | |||||||||
Aurizon Holdings Ltd. | 30,742 | 87,243 | 12.7 | |||||||||
Bendigo & Adelaide Bank Ltd. | 16,087 | 122,121 | 17.8 | |||||||||
Challenger Ltd. | 22,344 | 93,520 | 13.7 | |||||||||
Charter Hall Group | 1,248 | 14,913 | 2.2 | |||||||||
CSR Ltd. | 83,372 | 342,002 | 49.9 | |||||||||
Harvey Norman Holdings Ltd. | 30,721 | 128,304 | 18.7 | |||||||||
Medibank Pvt Ltd. | 46,211 | 112,703 | 16.5 | |||||||||
Mineral Resources Ltd. | 3,748 | 173,417 | 25.3 | |||||||||
Nine Entertainment Co. Holdings Ltd. | 33,257 | 67,812 | 9.9 | |||||||||
Perpetual Ltd. | 10,863 | 300,228 | 43.8 | |||||||||
Platinum Asset Management Ltd. | 154,584 | 465,758 | 68.0 | |||||||||
Qube Holdings Ltd. | 40,783 | 87,392 | 12.8 | |||||||||
Scentre Group | 79,613 | 152,000 | 22.2 | |||||||||
Worley Ltd. | 21,812 | 179,107 | 26.1 | |||||||||
|
|
|
| |||||||||
2,652,585 | ||||||||||||
Austria | ||||||||||||
ANDRITZ AG | 6,382 | 351,361 | 51.3 | |||||||||
|
|
|
| |||||||||
Belgium | ||||||||||||
Ageas SA | 2,371 | 125,202 | 18.3 | |||||||||
|
|
|
| |||||||||
Canada | ||||||||||||
Ballard Power Systems, Inc. | 2,025 | 32,787 | 4.8 | |||||||||
Canadian Western Bank | 790 | 21,536 | 3.2 | |||||||||
Canfor Corp. | 7,681 | 148,313 | 21.7 | |||||||||
CGI, Inc. | 10,448 | 950,419 | 138.7 | |||||||||
Crescent Point Energy Corp. | 71,795 | 262,412 | 38.3 | |||||||||
Fairfax Financial Holdings Ltd. | 808 | 340,362 | 49.7 | |||||||||
First Capital Real Estate Investment Trust | 8,931 | 129,570 | 18.9 | |||||||||
Franco-Nevada Corp. | 4,899 | 783,581 | 114.4 | |||||||||
Gildan Activewear, Inc. | 24,958 | 860,407 | 125.6 | |||||||||
Hydro One Ltd. | 37,560 | 927,259 | 135.3 | |||||||||
IGM Financial, Inc. | 1,325 | 46,761 | 6.8 | |||||||||
Innergex Renewable Energy Inc. | 72,639 | 1,266,350 | 184.8 | |||||||||
TMX Group Ltd. | 6,983 | 766,865 | 111.9 | |||||||||
Tourmaline Oil Corp. | 12,322 | 336,396 | 49.1 | |||||||||
Wheaton Precious Metals Corp. | 17,931 | 828,281 | 120.9 | |||||||||
Whitecap Resources, Inc. | 31,749 | 145,308 | 21.2 | |||||||||
Yamana Gold, Inc. | 363,343 | 1,627,996 | 237.6 | |||||||||
|
|
|
| |||||||||
9,474,603 | ||||||||||||
Denmark | ||||||||||||
Novozymes A/S, B Shares | 14,387 | 1,130,312 | 165.0 | |||||||||
|
|
|
| |||||||||
France | ||||||||||||
ALD SA | 32,444 | 474,976 | 69.3 | |||||||||
Dassault Systemes SE | 31,238 | 1,723,157 | 251.5 | |||||||||
Klepierre SA | 9,534 | 230,837 | 33.7 | |||||||||
La Francaise des Jeux SAEM | 4,864 | 260,038 | 38.0 | |||||||||
Legrand SA | 3,168 | 357,020 | 52.1 | |||||||||
Pernod Ricard SA | 218 | 48,114 | 7.0 |
Security | Shares | Value | % of Basket Value | |||||||||
France (continued) | ||||||||||||
Societe Generale SA | 13,807 | $ | 404,348 | 59.0 | % | |||||||
Unibail-Rodamco-Westfield | 6,671 | 555,266 | 81.0 | |||||||||
Valeo SA | 8,993 | 260,040 | 38.0 | |||||||||
|
|
|
| |||||||||
4,313,796 | ||||||||||||
Germany | ||||||||||||
Capital Stage AG | 751 | 13,745 | 2.0 | |||||||||
DWS Group GmbH & Co. KGaA | 250 | 11,797 | 1.7 | |||||||||
Freenet AG | 9,368 | 224,057 | 32.7 | |||||||||
Grand City Properties SA | 3,346 | 88,871 | 13.0 | |||||||||
HelloFresh SE | 6,223 | 583,340 | 85.1 | |||||||||
thyssenkrupp AG | 14,368 | 143,146 | 20.9 | |||||||||
Zalando SE | 597 | 66,334 | 9.7 | |||||||||
|
|
|
| |||||||||
1,131,290 | ||||||||||||
Hong Kong | ||||||||||||
Dah Sing Banking Group Ltd. | 111,600 | 114,887 | 16.8 | |||||||||
Dah Sing Financial Holdings Ltd. | 133,600 | 421,144 | 61.5 | |||||||||
Haitong International Securities Group Ltd. | 61,000 | 15,721 | 2.3 | |||||||||
Kerry Properties Ltd. | 65,500 | 193,436 | 28.2 | |||||||||
Man Wah Holdings Ltd. | 13,200 | 26,486 | 3.9 | |||||||||
Shun Tak Holdings Ltd. | 238,000 | 68,950 | 10.1 | |||||||||
SITC International Holdings Co. Ltd. | 9,000 | 37,128 | 5.4 | |||||||||
Swire Properties Ltd. | 326,800 | 929,470 | 135.6 | |||||||||
Techtronic Industries Co. Ltd. | 12,000 | 213,987 | 31.2 | |||||||||
Yue Yuen Industrial Holdings Ltd. | 183,500 | 387,259 | 56.5 | |||||||||
|
|
|
| |||||||||
2,408,468 | ||||||||||||
Ireland | ||||||||||||
CRH PLC | 8,682 | 433,918 | 63.3 | |||||||||
|
|
|
| |||||||||
Israel | ||||||||||||
Alony Hetz Properties & Investments Ltd. | 15,727 | 214,258 | 31.3 | |||||||||
Gazit-Globe Ltd. | 19,221 | 142,913 | 20.8 | |||||||||
|
|
|
| |||||||||
357,171 | ||||||||||||
Italy | ||||||||||||
BPER Banca | 101,810 | 198,480 | 29.0 | |||||||||
Davide Campari-Milano NV | 26,662 | 374,829 | 54.7 | |||||||||
Intesa Sanpaolo SpA | 217,761 | 601,575 | 87.8 | |||||||||
Poste Italiane SpA | 9,335 | 123,525 | 18.0 | |||||||||
PRADA SpA | 84,000 | 658,201 | 96.1 | |||||||||
UnipolSai Assicurazioni SpA | 3,902 | 10,833 | 1.6 | |||||||||
|
|
|
| |||||||||
1,967,443 | ||||||||||||
Japan | ||||||||||||
Amada Co. Ltd. | 166,200 | 1,708,225 | 249.3 | |||||||||
ASKUL Corp. | 16,400 | 247,558 | 36.1 | |||||||||
Azbil Corp. | 6,900 | 269,087 | 39.3 | |||||||||
Benesse Holdings, Inc. | 21,800 | 501,639 | 73.2 | |||||||||
COMSYS Holdings Corp. | 30,100 | 836,556 | 122.1 | |||||||||
CyberAgent, Inc. | 50,200 | 903,522 | 131.9 | |||||||||
Daifuku Co. Ltd. | 6,900 | 618,304 | 90.3 | |||||||||
Daiichi Sankyo Co. Ltd. | 23,600 | 467,381 | 68.2 | |||||||||
DIC Corp. | 800 | 21,619 | 3.2 | |||||||||
Disco Corp. | 800 | 228,445 | 33.4 | |||||||||
Hamamatsu Photonics KK | 35,700 | 1,984,939 | 289.7 | |||||||||
Hikari Tsushin, Inc. | 1,800 | 311,635 | 45.5 | |||||||||
JFE Holdings, Inc. | 25,600 | 311,290 | 45.4 | |||||||||
Kao Corp. | 22,800 | 1,372,818 | 200.4 | |||||||||
Kirin Holdings Co. Ltd. | 25,000 | 457,270 | 66.7 | |||||||||
Komatsu Ltd. | 4,600 | 115,271 | 16.8 |
SCHEDULE OF INVESTMENTS | 37 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Kuraray Co. Ltd. | 57,900 | $ | 537,635 | 78.5 | % | |||||||
Lawson, Inc. | 23,200 | 1,166,034 | 170.2 | |||||||||
Maeda Corp. | 1,600 | 13,451 | 2.0 | |||||||||
Maruichi Steel Tube Ltd. | 11,000 | 265,364 | 38.7 | |||||||||
Maruwa Unyu Kikan Co. Ltd. | 34,900 | 489,407 | 71.4 | |||||||||
MonotaRO Co. Ltd. | 4,300 | 98,912 | 14.4 | |||||||||
Nankai Electric Railway Co. Ltd. | 22,300 | 473,542 | 69.1 | |||||||||
NGK Spark Plug Co. Ltd. | 1,000 | 14,630 | 2.1 | |||||||||
Nikon Corp. | 7,500 | 69,820 | 10.2 | |||||||||
Nippon Paper Industries Co. Ltd. | 23,900 | 279,375 | 40.8 | |||||||||
Nippon Television Holdings, Inc. | 33,600 | 373,573 | 54.5 | |||||||||
Olympus Corp. | 14,600 | 300,458 | 43.9 | |||||||||
Omron Corp. | 1,500 | 128,363 | 18.7 | |||||||||
Secom Co. Ltd. | 13,300 | 1,006,684 | 146.9 | |||||||||
Seiko Epson Corp. | 4,500 | 77,427 | 11.3 | |||||||||
Shimadzu Corp. | 7,700 | 310,545 | 45.3 | |||||||||
Shiseido Co. Ltd. | 2,700 | 180,456 | 26.3 | |||||||||
SKY Perfect JSAT Holdings Inc. | 147,700 | 558,786 | 81.6 | |||||||||
Sumitomo Chemical Co. Ltd. | 338,400 | 1,761,546 | 257.1 | |||||||||
Teijin Ltd. | 20,500 | 308,668 | 45.1 | |||||||||
Terumo Corp. | 15,100 | 586,042 | 85.5 | |||||||||
Tokyo Electron Ltd. | 300 | 123,728 | 18.1 | |||||||||
Toray Industries, Inc. | 44,900 | 295,630 | 43.2 | |||||||||
Trend Micro, Inc. | 500 | 26,032 | 3.8 | |||||||||
Yamada Holdings Co. Ltd. | 99,800 | 471,500 | 68.8 | |||||||||
Yamaguchi Financial Group, Inc. | 2,100 | 12,073 | 1.8 | |||||||||
Yamaha Motor Co. Ltd. | 49,200 | 1,232,002 | 179.8 | |||||||||
Yaskawa Electric Corp. | 19,000 | 940,817 | 137.3 | |||||||||
Yokogawa Electric Corp. | 73,500 | 1,130,737 | 165.0 | |||||||||
Yokohama Rubber Co. Ltd. | 5,800 | 115,817 | 16.9 | |||||||||
ZOZO, Inc. | 18,800 | 640,304 | 93.5 | |||||||||
|
|
|
| |||||||||
24,344,917 | ||||||||||||
Netherlands | ||||||||||||
IMCD NV | 3,299 | 571,591 | 83.4 | |||||||||
JDE Peet’s NV | 9,096 | 306,224 | 44.7 | |||||||||
Signify NV | 12,843 | 719,449 | 105.0 | |||||||||
|
|
|
| |||||||||
1,597,264 | ||||||||||||
New Zealand | ||||||||||||
Infratil Ltd. | 77,354 | 394,036 | 57.5 | |||||||||
|
|
|
| |||||||||
Norway | ||||||||||||
Salmar ASA | 14,184 | 940,850 | 137.3 | |||||||||
|
|
|
| |||||||||
Spain | ||||||||||||
Fluidra SA | 2,659 | 107,792 | 15.8 | |||||||||
Industria de Diseno Textil SA | 6,748 | 228,868 | 33.4 | |||||||||
|
|
|
| |||||||||
336,660 | ||||||||||||
Sweden | ||||||||||||
Elekta AB | 2,843 | 41,495 | 6.1 | |||||||||
H & M Hennes & Mauritz AB, B Shares | 1,853 | 38,740 | 5.6 | |||||||||
Nibe Industrier AB, B Shares | 85,353 | 1,019,967 | 148.9 | |||||||||
Samhallsbyggnadsbolaget i Norden AB | 68,003 | 340,710 | 49.7 | |||||||||
|
|
|
| |||||||||
1,440,912 | ||||||||||||
Switzerland | ||||||||||||
Givaudan SA | 35 | 174,720 | 25.5 | |||||||||
Kuehne + Nagel International AG | 2,950 | 995,132 | 145.3 |
Security | Shares | Value | % of Basket Value | |||||||||
Switzerland (continued) | ||||||||||||
PSP Swiss Property AG, Registered Shares | 2,939 | $ | 397,729 | 58.1 | % | |||||||
Tecan Group AG | 446 | 257,195 | 37.5 | |||||||||
|
|
|
| |||||||||
1,824,776 | ||||||||||||
United Kingdom | ||||||||||||
Diploma PLC | 2,668 | 109,600 | 16.0 | |||||||||
Games Workshop Group PLC | 271 | 42,830 | 6.3 | |||||||||
Greggs PLC | 9,682 | 370,992 | 54.1 | |||||||||
HomeServe PLC | 4,576 | 59,472 | 8.7 | |||||||||
ITV PLC | 370,133 | 575,539 | 84.0 | |||||||||
John Wood Group PLC | 50,592 | 153,252 | 22.4 | |||||||||
Phoenix Group Holdings PLC | 192,402 | 1,813,164 | 264.6 | |||||||||
Virgin Money UK PLC | 62,984 | 174,083 | 25.4 | |||||||||
|
|
|
| |||||||||
3,298,932 | ||||||||||||
United States | ||||||||||||
Sims Ltd. | 136,539 | 1,650,627 | 240.9 | |||||||||
|
|
|
| |||||||||
Zambia | ||||||||||||
First Quantum Minerals Ltd. | 5,480 | 117,366 | 17.1 | |||||||||
|
|
|
| |||||||||
Total Reference Entity — Long | 60,292,489 | |||||||||||
|
| |||||||||||
Reference Entity — Short | ||||||||||||
Common Stocks | ||||||||||||
Australia | ||||||||||||
AGL Energy Ltd. | (20,342 | ) | (107,724 | ) | (15.7 | ) | ||||||
Chalice Mining Ltd. | (62,209 | ) | (331,048 | ) | (48.3 | ) | ||||||
Qantas Airways Ltd. | (451,484 | ) | (1,521,963 | ) | (222.2 | ) | ||||||
Rio Tinto PLC | (19,343 | ) | (1,643,002 | ) | (239.8 | ) | ||||||
|
|
|
| |||||||||
(3,603,737 | ) | |||||||||||
Austria | ||||||||||||
BAWAG Group AG | (2,580 | ) | (146,783 | ) | (21.4 | ) | ||||||
OMV AG | (8,512 | ) | (459,595 | ) | (67.1 | ) | ||||||
|
|
|
| |||||||||
(606,378 | ) | |||||||||||
Canada | ||||||||||||
Bank of Montreal | (232 | ) | (22,971 | ) | (3.4 | ) | ||||||
Boyd Group Services, Inc. | (183 | ) | (35,845 | ) | (5.2 | ) | ||||||
Brookfield Asset Management Reinsurance Partners Ltd., Class A | (3,084 | ) | (166,955 | ) | (24.4 | ) | ||||||
Brookfield Asset Management, Inc., Class A | (6,613 | ) | (356,994 | ) | (52.1 | ) | ||||||
Centerra Gold, Inc. | (23,235 | ) | (186,796 | ) | (27.3 | ) | ||||||
Dollarama, Inc. | (38,398 | ) | (1,808,178 | ) | (263.9 | ) | ||||||
Empire Co. Ltd. | (1,650 | ) | (54,184 | ) | (7.9 | ) | ||||||
Kinross Gold Corp. | (35,336 | ) | (231,400 | ) | (33.8 | ) | ||||||
Metro, Inc. | (14,526 | ) | (753,312 | ) | (109.9 | ) | ||||||
Pan American Silver Corp. | (5,666 | ) | (159,090 | ) | (23.2 | ) | ||||||
TransAlta Corp. | (16,597 | ) | (173,074 | ) | (25.3 | ) | ||||||
|
|
|
| |||||||||
(3,948,799 | ) | |||||||||||
Denmark | ||||||||||||
Netcompany Group A/S | (247 | ) | (30,525 | ) | (4.5 | ) | ||||||
|
|
|
| |||||||||
Finland | ||||||||||||
Huhtamaki OYJ | (12,498 | ) | (665,648 | ) | (97.2 | ) | ||||||
|
|
|
| |||||||||
France | ||||||||||||
Adevinta ASA | (4,118 | ) | (79,178 | ) | (11.6 | ) | ||||||
Aeroports de Paris | (330 | ) | (40,007 | ) | (5.8 | ) | ||||||
Bollore SA | (125,233 | ) | (699,842 | ) | (102.1 | ) | ||||||
Capgemini SE | (8,407 | ) | (1,817,196 | ) | (265.2 | ) | ||||||
Dassault Aviation SA | (292 | ) | (347,670 | ) | (50.7 | ) |
38 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
France (continued) | ||||||||||||
Edenred | (3,154 | ) | $ | (183,235 | ) | (26.7 | )% | |||||
Eurazeo SE | (9,158 | ) | (887,056 | ) | (129.5 | ) | ||||||
SEB SA | (4,794 | ) | (796,562 | ) | (116.3 | ) | ||||||
SOITEC | (762 | ) | (182,688 | ) | (26.7 | ) | ||||||
SPIE SA | (6,131 | ) | (145,222 | ) | (21.2 | ) | ||||||
Worldline SA | (2,246 | ) | (210,226 | ) | (30.7 | ) | ||||||
|
|
|
| |||||||||
(5,388,882) | ||||||||||||
Germany | ||||||||||||
Auto1 Group SE | (7,063 | ) | (345,696 | ) | (50.4 | ) | ||||||
Delivery Hero SE | (1,753 | ) | (262,061 | ) | (38.2 | ) | ||||||
Deutsche Bank AG | (19,325 | ) | (243,616 | ) | (35.6 | ) | ||||||
Flatex AG | (102 | ) | (12,342 | ) | (1.8 | ) | ||||||
HOCHTIEF AG | (6,811 | ) | (540,434 | ) | (78.9 | ) | ||||||
RWE AG | (16,534 | ) | (587,877 | ) | (85.8 | ) | ||||||
Siemens Healthineers AG | (4,235 | ) | (279,600 | ) | (40.8 | ) | ||||||
TeamViewer AG | (24,224 | ) | (814,447 | ) | (118.9 | ) | ||||||
Varta AG | (3,729 | ) | (646,834 | ) | (94.4 | ) | ||||||
|
|
|
| |||||||||
(3,732,907 | ) | |||||||||||
Indonesia | ||||||||||||
Golden Agri-Resources Ltd. | (5,138,500 | ) | (870,164 | ) | (127.0 | ) | ||||||
|
|
|
| |||||||||
Italy | ||||||||||||
DiaSorin SpA | (621 | ) | (126,035 | ) | (18.4 | ) | ||||||
Ferrari NV | (2,311 | ) | (503,655 | ) | (73.5 | ) | ||||||
Nexi SpA | (36,852 | ) | (789,564 | ) | (115.2 | ) | ||||||
Saipem SpA | (41,696 | ) | (95,660 | ) | (14.0 | ) | ||||||
|
|
|
| |||||||||
(1,514,914 | ) | |||||||||||
Japan | ||||||||||||
AEON Financial Service Co. Ltd. | (19,100 | ) | (235,310 | ) | (34.3 | ) | ||||||
Ain Holdings, Inc. | (3,800 | ) | (232,616 | ) | (34.0 | ) | ||||||
ANA Holdings, Inc. | (15,400 | ) | (360,871 | ) | (52.7 | ) | ||||||
Ariake Japan Co. Ltd. | (7,100 | ) | (412,136 | ) | (60.2 | ) | ||||||
Asahi Intecc Co. Ltd. | (2,100 | ) | (56,904 | ) | (8.3 | ) | ||||||
Bank of Kyoto Ltd. | (10,500 | ) | (452,176 | ) | (66.0 | ) | ||||||
BayCurrent Consulting, Inc. | (1,000 | ) | (398,230 | ) | (58.1 | ) | ||||||
Brother Industries Ltd. | (7,600 | ) | (154,667 | ) | (22.6 | ) | ||||||
Change, Inc. | (26,300 | ) | (610,088 | ) | (89.0 | ) | ||||||
Chubu Electric Power Co., Inc. | (63,700 | ) | (764,436 | ) | (111.6 | ) | ||||||
Cosmo Energy Holdings Co. Ltd. | (7,400 | ) | (172,104 | ) | (25.1 | ) | ||||||
Daido Steel Co. Ltd. | (800 | ) | (37,766 | ) | (5.5 | ) | ||||||
Daito Trust Construction Co. Ltd. | (500 | ) | (58,745 | ) | (8.6 | ) | ||||||
Fuji Kyuko Co. Ltd. | (16,300 | ) | (753,992 | ) | (110.1 | ) | ||||||
GMO Payment Gateway, Inc. | (1,300 | ) | (166,610 | ) | (24.3 | ) | ||||||
Goldwin, Inc. | (700 | ) | (43,580 | ) | (6.4 | ) | ||||||
GungHo Online Entertainment, Inc. | (18,300 | ) | (339,052 | ) | (49.5 | ) | ||||||
Hachijuni Bank Ltd. | (82,300 | ) | (266,260 | ) | (38.9 | ) | ||||||
Harmonic Drive Systems, Inc. | (6,700 | ) | (370,624 | ) | (54.1 | ) | ||||||
Hitachi Construction Machinery Co. Ltd. | (2,500 | ) | (70,639 | ) | (10.3 | ) | ||||||
Hokuriku Electric Power Co. | (109,300 | ) | (570,446 | ) | (83.3 | ) | ||||||
Ichigo, Inc. | (64,900 | ) | (194,854 | ) | (28.4 | ) | ||||||
Iida Group Holdings Co. Ltd. | (51,500 | ) | (1,242,731 | ) | (181.4 | ) | ||||||
Invincible Investment Corp. | (1,348 | ) | (529,586 | ) | (77.3 | ) | ||||||
IR Japan Holdings Ltd. | (3,400 | ) | (420,736 | ) | (61.4 | ) | ||||||
Isetan Mitsukoshi Holdings Ltd. | (23,500 | ) | (159,130 | ) | (23.2 | ) | ||||||
Iwatani Corp. | (2,200 | ) | (126,388 | ) | (18.4 | ) | ||||||
Japan Airlines Co. Ltd. | (26,100 | ) | (544,117 | ) | (79.4 | ) | ||||||
Japan Airport Terminal Co. Ltd. | (3,000 | ) | (129,641 | ) | (18.9 | ) | ||||||
Japan Exchange Group, Inc. | (6,200 | ) | (140,214 | ) | (20.5 | ) | ||||||
Japan Hotel REIT Investment Corp. | (37 | ) | (22,496 | ) | (3.3 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Japan (continued) | ||||||||||||
Japan Steel Works Ltd. | (14,200 | ) | $ | (349,318 | ) | (51.0 | )% | |||||
JMDC, Inc. | (42,600 | ) | (2,183,888 | ) | (318.8 | ) | ||||||
JSR Corp. | (3,900 | ) | (130,728 | ) | (19.1 | ) | ||||||
Justsystems Corp. | (3,100 | ) | (180,101 | ) | (26.3 | ) | ||||||
Kawasaki Heavy Industries Ltd. | (15,500 | ) | (325,331 | ) | (47.5 | ) | ||||||
Kawasaki Kisen Kaisha Ltd. | (13,700 | ) | (468,854 | ) | (68.4 | ) | ||||||
Keio Corp. | (2,500 | ) | (140,035 | ) | (20.4 | ) | ||||||
Koei Tecmo Holdings Co. Ltd. | (800 | ) | (37,482 | ) | (5.5 | ) | ||||||
Kotobuki Spirits Co. Ltd. | (5,100 | ) | (305,842 | ) | (44.6 | ) | ||||||
Kurita Water Industries Ltd. | (15,400 | ) | (747,956 | ) | (109.2 | ) | ||||||
Kusuri no Aoki Holdings Co. Ltd. | (900 | ) | (60,274 | ) | (8.8 | ) | ||||||
Kyudenko Corp. | (7,900 | ) | (281,534 | ) | (41.1 | ) | ||||||
Lasertec Corp. | (2,000 | ) | (375,463 | ) | (54.8 | ) | ||||||
Maeda Road Construction Co. Ltd. | (46,000 | ) | (878,397 | ) | (128.2 | ) | ||||||
Makita Corp. | (1,300 | ) | (67,071 | ) | (9.8 | ) | ||||||
Matsui Securities Co. Ltd. | (1,700 | ) | (12,217 | ) | (1.8 | ) | ||||||
Mitsubishi Corp. | (11,800 | ) | (330,975 | ) | (48.3 | ) | ||||||
Mitsubishi Gas Chemical Co., Inc. | (28,500 | ) | (593,680 | ) | (86.7 | ) | ||||||
Mitsui & Co. Ltd. | (24,400 | ) | (560,039 | ) | (81.7 | ) | ||||||
Mitsui Fudosan Co. Ltd. | (86,400 | ) | (2,020,659 | ) | (294.9 | ) | ||||||
Mitsui Fudosan Logistics Park, Inc. | (14 | ) | (78,356 | ) | (11.4 | ) | ||||||
Mitsui High-Tec, Inc. | (600 | ) | (35,146 | ) | (5.1 | ) | ||||||
Monex Group, Inc. | (17,400 | ) | (109,670 | ) | (16.0 | ) | ||||||
Money Forward, Inc. | (5,200 | ) | (320,506 | ) | (46.8 | ) | ||||||
Nexon Co. Ltd. | (12,700 | ) | (261,317 | ) | (38.1 | ) | ||||||
Nippon Kayaku Co. Ltd. | (9,000 | ) | (93,330 | ) | (13.6 | ) | ||||||
Nissan Motor Co. Ltd. | (20,500 | ) | (117,893 | ) | (17.2 | ) | ||||||
NOF Corp. | (5,800 | ) | (295,013 | ) | (43.1 | ) | ||||||
Oji Holdings Corp. | (116,500 | ) | (671,679 | ) | (98.0 | ) | ||||||
Orient Corp. | (575,100 | ) | (721,844 | ) | (105.4 | ) | ||||||
Park24 Co. Ltd. | (8,900 | ) | (167,815 | ) | (24.5 | ) | ||||||
Persol Holdings Co. Ltd. | (3,100 | ) | (62,544 | ) | (9.1 | ) | ||||||
Sapporo Holdings Ltd. | (2,500 | ) | (53,162 | ) | (7.8 | ) | ||||||
Sekisui Chemical Co. Ltd. | (32,400 | ) | (559,077 | ) | (81.6 | ) | ||||||
Shionogi & Co. Ltd. | (6,000 | ) | (315,988 | ) | (46.1 | ) | ||||||
Shochiku Co. Ltd. | (3,700 | ) | (402,484 | ) | (58.7 | ) | ||||||
Square Enix Holdings Co. Ltd. | (15,900 | ) | (824,999 | ) | (120.4 | ) | ||||||
Sugi Holdings Co. Ltd. | (1,700 | ) | (125,454 | ) | (18.3 | ) | ||||||
Sumitomo Dainippon Pharma Co. Ltd. | (8,900 | ) | (154,106 | ) | (22.5 | ) | ||||||
Taiyo Nippon Sanso Corp. | (3,100 | ) | (68,622 | ) | (10.0 | ) | ||||||
Toho Co. Ltd. | (34,800 | ) | (1,515,002 | ) | (221.1 | ) | ||||||
Toho Gas Co. Ltd. | (14,000 | ) | (680,505 | ) | (99.3 | ) | ||||||
Tokai Carbon Co. Ltd. | (8,500 | ) | (112,279 | ) | (16.4 | ) | ||||||
Tokyo Electric Power Co. Holdings, Inc. | (98,600 | ) | (262,788 | ) | (38.4 | ) | ||||||
Tokyo Tatemono Co. Ltd. | (5,800 | ) | (87,260 | ) | (12.7 | ) | ||||||
Tokyu Fudosan Holdings Corp. | (27,600 | ) | (155,812 | ) | (22.7 | ) | ||||||
Ulvac, Inc. | (7,400 | ) | (360,342 | ) | (52.6 | ) | ||||||
Yamato Holdings Co. Ltd. | (4,200 | ) | (121,044 | ) | (17.7 | ) | ||||||
Yamato Kogyo Co. Ltd. | (700 | ) | (23,804 | ) | (3.5 | ) | ||||||
Zenkoku Hosho Co. Ltd. | (11,600 | ) | (526,302 | ) | (76.8 | ) | ||||||
|
|
|
| |||||||||
(29,371,132 | ) | |||||||||||
Macau | ||||||||||||
MGM China Holdings Ltd. | (443,600 | ) | (535,818 | ) | (78.2 | ) | ||||||
|
|
|
| |||||||||
Netherlands | ||||||||||||
ASM International NV | (237 | ) | (84,114 | ) | (12.3 | ) | ||||||
Prosus NV | (969 | ) | (86,453 | ) | (12.6 | ) |
SCHEDULE OF INVESTMENTS | 39 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Security | Shares | Value | % of Basket Value | |||||||||
Netherlands (continued) | ||||||||||||
Royal Dutch Shell PLC | (4,772 | ) | $ | (94,291 | ) | (13.8 | )% | |||||
SBM Offshore NV | (1 | ) | (14 | ) | (0.0 | ) | ||||||
|
|
|
| |||||||||
(264,872 | ) | |||||||||||
New Zealand | ||||||||||||
a2 Milk Co. Ltd. | (56,670 | ) | (244,890 | ) | (35.7 | ) | ||||||
|
|
|
| |||||||||
Norway | ||||||||||||
Aker ASA | (1,972 | ) | (151,194 | ) | (22.1 | ) | ||||||
Leroy Seafood Group Asa | (9,664 | ) | (88,044 | ) | (12.8 | ) | ||||||
|
|
|
| |||||||||
(239,238 | ) | |||||||||||
Russia | ||||||||||||
Evraz PLC | (136,651 | ) | (1,167,529 | ) | (170.4 | ) | ||||||
|
|
|
| |||||||||
Singapore | ||||||||||||
Sembcorp Industries Ltd. | (580,000 | ) | (894,678 | ) | (130.6 | ) | ||||||
Singapore Airlines Ltd. | (7,400 | ) | (27,743 | ) | (4.0 | ) | ||||||
|
|
|
| |||||||||
(922,421 | ) | |||||||||||
Spain | ||||||||||||
ACS Actividades de Construccion y Servicios SA | (19,841 | ) | (521,884 | ) | (76.2 | ) | ||||||
Naturgy Energy Group SA | (16,205 | ) | (418,251 | ) | (61.0 | ) | ||||||
|
|
|
| |||||||||
(940,135 | ) | |||||||||||
Sweden | ||||||||||||
Alfa Laval Ab | (3,978 | ) | (166,125 | ) | (24.3 | ) | ||||||
Embracer Group AB | (4,103 | ) | (106,192 | ) | (15.5 | ) | ||||||
EQT AB | (910 | ) | (43,864 | ) | (6.4 | ) | ||||||
Holmen AB | (390 | ) | (20,530 | ) | (3.0 | ) | ||||||
Thule Group AB | (3,993 | ) | (201,602 | ) | (29.4 | ) | ||||||
|
|
|
| |||||||||
(538,313 | ) |
Security | Shares | Value | % of Basket Value | |||||||||
Switzerland | ||||||||||||
Barry Callebaut AG | (169 | ) | $ | (428,353 | ) | (62.5 | )% | |||||
Dufry AG | (1,573 | ) | (83,224 | ) | (12.2 | ) | ||||||
EMS-Chemie Holding AG | (986 | ) | (1,093,040 | ) | (159.5 | ) | ||||||
Georg Fischer AG | (274 | ) | (443,458 | ) | (64.7 | ) | ||||||
Schindler Holding AG | (9 | ) | (2,804 | ) | (0.4 | ) | ||||||
|
|
|
| |||||||||
(2,050,879 | ) | |||||||||||
United Kingdom | ||||||||||||
Aston Martin Lagonda Global Holdings PLC | (1,904 | ) | (51,612 | ) | (7.5 | ) | ||||||
Ceres Power Holdings PLC | (10,315 | ) | (144,558 | ) | (21.1 | ) | ||||||
Countryside Properties PLC | (52,616 | ) | (384,513 | ) | (56.1 | ) | ||||||
Harbour Energy PLC | (36,447 | ) | (165,542 | ) | (24.2 | ) | ||||||
Hiscox Ltd. | (37,309 | ) | (453,052 | ) | (66.1 | ) | ||||||
Inchcape PLC | (15,350 | ) | (181,310 | ) | (26.5 | ) | ||||||
International Consolidated Airlines Group SA | (45,860 | ) | (106,812 | ) | (15.6 | ) | ||||||
ITM Power PLC | (30,699 | ) | (174,840 | ) | (25.5 | ) | ||||||
Wickes Group PLC | (13,853 | ) | (48,216 | ) | (7.1 | ) | ||||||
|
|
|
| |||||||||
(1,710,455 | ) | |||||||||||
United States | ||||||||||||
Avast PLC | (46,167 | ) | (372,050 | ) | (54.3 | ) | ||||||
Carnival PLC | (3,540 | ) | (70,070 | ) | (10.2 | ) | ||||||
Galaxy Digital Holdings Ltd. | (17,564 | ) | (292,968 | ) | (42.8 | ) | ||||||
Stellantis NV | (27,358 | ) | (524,631 | ) | (76.6 | ) | ||||||
|
|
|
| |||||||||
(1,259,719 | ) | |||||||||||
|
| |||||||||||
Total Reference Entity — Short |
| (59,607,355 | ) | |||||||||
|
| |||||||||||
Net Value of Reference Entity — UBS AG |
| $ | 685,134 | |||||||||
|
|
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 Fund 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 Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
40 |
Schedule of Investments (unaudited) (continued) July 31, 2021 | BlackRock Global Long/Short Equity Fund |
Fair Value Hierarchy as of Period End (continued)
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Assets | ||||||||||||||||
Investments | ||||||||||||||||
Long-Term Investments | ||||||||||||||||
Common Stocks | $ | 1,980,130 | $ | — | $ | — | $ | 1,980,130 | ||||||||
Preferred Securities | ||||||||||||||||
Preferred Stocks | — | — | 2,567,023 | 2,567,023 | ||||||||||||
U.S. Treasury Obligations | — | 14,639,053 | — | 14,639,053 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 22,644,942 | — | — | 22,644,942 | ||||||||||||
U.S. Treasury Obligations | — | 381,754,399 | — | 381,754,399 | ||||||||||||
Options Purchased | ||||||||||||||||
Equity Contracts | 904,460 | — | — | 904,460 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
$ | 25,529,532 | $ | 396,393,452 | $ | 2,567,023 | $ | 424,490,007 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Derivative Financial Instruments(a) | ||||||||||||||||
Assets | ||||||||||||||||
Equity Contracts | $ | 1,816,672 | $ | 5,855,520 | $ | — | $ | 7,672,192 | ||||||||
Liabilities | ||||||||||||||||
Equity Contracts | (1,977,183 | ) | (1,080,503 | ) | — | (3,057,686 | ) | |||||||||
|
|
|
|
|
|
|
| |||||||||
$ | (160,511 | ) | $ | 4,775,017 | $ | — | $ | 4,614,506 | ||||||||
|
|
|
|
|
|
|
|
(a) | Derivative financial instruments are swaps, futures contracts and options written. Swaps and futures contracts are valued at the unrealized appreciation (depreciation) on the instrument and options written are shown at value. |
Currency Abbreviation | ||
CHF | Swiss Franc | |
USD | United States Dollar | |
Portfolio Abbreviation | ||
AMBAC | AMBAC Assurance Corp. | |
BAM | Build America Mutual Assurance Co. | |
DIP | Debtor-In-Possession | |
FTSE | Financial Times Stock Exchange | |
GAN | Grant Anticipation Notes | |
LP | Limited Partnership | |
MSCI | Morgan Stanley Capital International | |
REIT | Real Estate Investment Trust | |
S&P | Standard & Poor’s | |
SAN | State Aid Notes | |
SCA | Societe en Commandite par Actions | |
SEB | SEB Securities Inc. | |
ST | Special Tax | |
UT | Unlimited Tax |
SCHEDULE OF INVESTMENTS | 41 |