Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the period
ended
June
30,
2023
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Security
Shares
Shares
Value
Short-Term
Securities
Money
Market
Funds
—
6.7%
(c)(d)
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares,
5.31%
(e)
............
506,225,545
$
506,326,790
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares,
5.09%
..................
10,560,578
10,560,578
Total
Short-Term
Securities
—
6.7%
(Cost:
$516,669,049)
.............................
516,887,368
Total
Investments
—
106.5%
(Cost:
$6,922,601,242
)
...........................
8,173,784,124
Liabilities
in
Excess
of
Other
Assets
—
(6.5)%
............
(499,558,654)
Net
Assets
—
100.0%
..............................
$
7,674,225,470
(a)
All
or
a
portion
of
this
security
is
on
loan.
(b)
Non-income
producing
security.
(c)
Affiliate
of
the
Fund.
(d)
Annualized
7-day
yield
as
of
period
end.
(e)
All
or
a
portion
of
this
security
was
purchased
with
the
cash
collateral
from
loaned
securities.
Affiliated
Issuer
Value
at
03/31/23
Purchases
at
Cost
Proceeds
from
Sale
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
06/30/23
Shares
Held
at
06/30/23
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
$
464,469,730
$
41,899,816
(a)
$
—
$
9,922
$
(52,678)
$
506,326,790
506,225,545
$
296,500
(b)
$
—
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
........
8,491,759
2,068,819
(a)
—
—
—
10,560,578
10,560,578
136,068
—
$
9,922
$
(52,678)
$
516,887,368
$
432,568
$
—
—
—
(a)
Represents
net
amount
purchased
(sold).
(b)
All
or
a
portion
represents
securities
lending
income
earned
from
the
reinvestment
of
cash
collateral
from
loaned
securities,
net
of
fees
and
collateral
investment
expenses,
and
other
payments
to
and
from
borrowers
of
securities.
Derivative
Financial
Instruments
Outstanding
as
of
Period
End
Futures
Contracts
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
(000)
Value/
Unrealized
Appreciation
(Depreciation)
Long
Contracts
S&P
Midcap
400
E-Mini
Index
.................................................
62
09/15/23
$
16,393
$
390,022