EX-GLOBALLSEQ
|
|
|
| Schedule of Investments (unaudited)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Shares |
|
|
Value |
|
|
| Common Stocks — 0.1% |
|
|
| United States — 0.1% |
|
| Uber Technologies, Inc., (Acquired 12/04/14, cost
$415,803)(a)(b) |
|
|
12,480 |
|
|
$ |
393,120 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Common Stocks — 0.1%
(Cost — $415,803) |
|
|
|
393,120 |
|
|
|
|
|
|
|
|
|
|
|
| Preferred Securities — 0.6% |
|
|
| Preferred Stocks(b)(c) —
0.6% |
|
|
| United States — 0.6% |
|
| AliphCom, Series 6, (Acquired 12/15/15,
cost
$0)(a)(d) |
|
|
8,264 |
|
|
|
— |
|
| AliphCom, Series 8, (Acquired 03/10/15,
cost $1,750,010) |
|
|
823,530 |
|
|
|
8 |
|
| Illumio Inc., (Acquired 3/10/15,
cost $1,500,001) |
|
|
466,730 |
|
|
|
1,983,603 |
|
| Palantir Technologies, Inc., Series I (Acquired 3/27/14, cost $1,999,998), 0.00% |
|
|
326,264 |
|
|
|
1,879,281 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Preferred Stocks — 0.6%
(Cost — $5,250,009) |
|
|
|
3,862,892 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Par
(000) |
|
|
|
|
|
| U.S. Treasury Obligations — 6.2% |
|
| U.S. Treasury Notes(e): |
|
|
|
|
|
|
|
|
| 1.75%, 01/31/21 |
|
$ |
6,575 |
|
|
|
6,567,791 |
|
| 1.78%, 04/30/21 |
|
|
12,065 |
|
|
|
12,049,505 |
|
| 1.86%, 07/31/21 |
|
|
20,000 |
|
|
|
19,996,949 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total U.S. Treasury Obligations — 6.2%
(Cost — $38,617,441) |
|
|
|
38,614,245 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Long-Term Investments — 6.9%
(Cost — $44,283,253) |
|
|
|
42,870,257 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Security |
|
Shares |
|
|
Value |
|
|
| Short-Term Securities — 81.8% |
|
|
| Money Market Fund — 3.8% |
|
| BlackRock Liquidity Funds, T-Fund, Institutional Class, 1.70%(f)(i) |
|
|
23,608,430 |
|
|
$ |
23,608,430 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Money Market Fund — 3.8%
(Cost — $23,608,430) |
|
|
|
23,608,430 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Par
(000) |
|
|
|
|
|
| U.S. Treasury Obligations — 78.0% |
|
| U.S. Treasury Bills(g): |
|
|
|
|
|
|
|
|
| 1.75%, 11/12/19 |
|
$ |
50,000 |
|
|
|
49,976,762 |
|
| 1.74% — 1.75%, 11/19/19 |
|
|
24,000 |
|
|
|
23,981,690 |
|
| 1.74%, 11/26/19 |
|
|
115,000 |
|
|
|
114,877,014 |
|
| 1.71%, 12/10/19 |
|
|
38,000 |
|
|
|
37,939,142 |
|
| 1.96%, 12/12/19 |
|
|
15,000 |
|
|
|
14,974,841 |
|
| 2.09%, 01/02/20 |
|
|
6,000 |
|
|
|
5,984,009 |
|
| 2.06%, 01/16/20 |
|
|
25,000 |
|
|
|
24,918,986 |
|
| 1.66%, 01/23/20 |
|
|
1,490 |
|
|
|
1,484,786 |
|
| 1.64%, 01/31/20(h) |
|
|
60,000 |
|
|
|
59,982,555 |
|
| 1.92%, 02/06/20 |
|
|
15,000 |
|
|
|
14,938,260 |
|
| 1.93%, 02/13/20 |
|
|
35,000 |
|
|
|
34,846,547 |
|
| 3.63%, 02/15/20 |
|
|
15,000 |
|
|
|
15,081,445 |
|
| 1.72% — 1.73%, 04/09/20 |
|
|
4,030 |
|
|
|
4,002,753 |
|
| 1.66%, 04/16/20 |
|
|
2,405 |
|
|
|
2,387,986 |
|
| 1.64%, 04/23/20 |
|
|
28,000 |
|
|
|
27,794,632 |
|
| 1.67% — 2.38%, 04/30/20(e) |
|
|
41,955 |
|
|
|
41,938,572 |
|
| 1.50% — 3.50%, 05/15/20 |
|
|
1,615 |
|
|
|
1,621,394 |
|
| 1.67%, 10/31/20(e) |
|
|
6,000 |
|
|
|
5,992,300 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total U.S. Treasury Obligations — 78.0%
(Cost — $482,591,400) |
|
|
|
482,723,674 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Short-Term Securities — 81.8%
(Cost — $506,199,830) |
|
|
|
506,332,104 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investments — 88.7%
(Cost — $550,483,083) |
|
|
|
549,202,361 |
|
|
|
| Other Assets Less Liabilities — 11.3% |
|
|
|
69,701,530 |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Assets — 100.0% |
|
|
$ |
618,903,891 |
|
|
|
|
|
|
|
|
|
|
| (a) |
Non-income producing security. |
| (b) |
Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of
$4,256,012, representing 0.7% of its net assets as of period end, and an original cost of $5,665,812. |
| (c) |
Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
|
| (d) |
Issuer filed for bankruptcy and/or is in default. |
| (e) |
Variable rate security. Rate shown is the rate in effect as of period end. |
| (f) |
Annualized 7-day yield as of period end. |
| (g) |
Rates are discount rates or a range of discount rates as of period end. |
| (h) |
Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates
and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end. |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
| (i) |
During the period ended October 31, 2019, investments in issuers considered to be an affiliate/affiliates of the Fund
for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Affiliate |
|
Shares
Held at
07/31/19 |
|
|
Net
Activity |
|
|
Shares
Held at
10/31/19 |
|
|
Value at
10/31/19 |
|
|
Income |
|
|
Net
Realized
Gain (Loss) (a) |
|
|
Change in
Unrealized
Appreciation
(Depreciation) |
|
| BlackRock Liquidity Funds, T-Fund, Institutional Class |
|
|
19,215,348 |
|
|
|
4,393,082 |
|
|
|
23,608,430 |
|
|
$ |
23,608,430 |
|
|
$ |
106,070 |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
Includes net capital gain distributions, if applicable. |
|
|
|
|
| Currency Abbreviations |
|
|
| AUD |
|
Australian Dollar |
|
|
| CAD |
|
Canadian Dollar |
|
|
| CHF |
|
Swiss Franc |
|
|
| DKK |
|
Danish Krone |
|
|
| EUR |
|
Euro |
|
|
| GBP |
|
British Pound |
|
|
| HKD |
|
Hong Kong Dollar |
|
|
| ILS |
|
Israeli Shekel |
|
|
| JPY |
|
Japanese Yen |
|
|
| NOK |
|
Norwegian Krone |
|
|
| SEK |
|
Swedish Krona |
|
|
| SGD |
|
Singapore Dollar |
|
|
| USD |
|
United States Dollar |
|
| Portfolio Abbreviations |
|
|
| FTSE |
|
Financial Times Stock Exchange |
|
|
| MSCI |
|
Morgan Stanley Capital International |
|
|
| S&P |
|
Standard & Poor’s |
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| AEX Index |
|
|
253 |
|
|
|
11/15/19 |
|
|
$ |
32,461 |
|
|
$ |
(51,496 |
) |
| IBEX 35 Index |
|
|
190 |
|
|
|
11/15/19 |
|
|
|
19,660 |
|
|
|
(15,296 |
) |
| SGX MSCI Singapore Index |
|
|
358 |
|
|
|
11/28/19 |
|
|
|
9,752 |
|
|
|
51,861 |
|
| TOPIX Index |
|
|
73 |
|
|
|
12/12/19 |
|
|
|
11,279 |
|
|
|
279,836 |
|
| SPI 200 Index |
|
|
3 |
|
|
|
12/19/19 |
|
|
|
343 |
|
|
|
(1,945 |
) |
| DAX Index |
|
|
55 |
|
|
|
12/20/19 |
|
|
|
19,773 |
|
|
|
769,678 |
|
| S&P 500 E-Mini Index |
|
|
70 |
|
|
|
12/20/19 |
|
|
|
10,625 |
|
|
|
2,821 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,035,459 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Short Contracts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CAC 40 Index |
|
|
39 |
|
|
|
11/15/19 |
|
|
|
2,491 |
|
|
|
14,023 |
|
| OMX Stockholm 30 Index |
|
|
1,634 |
|
|
|
11/15/19 |
|
|
|
29,323 |
|
|
|
(1,048,236 |
) |
| Hang Seng Index |
|
|
5 |
|
|
|
11/28/19 |
|
|
|
861 |
|
|
|
(6,590 |
) |
| S&P/TSX 60 Index |
|
|
68 |
|
|
|
12/19/19 |
|
|
|
10,170 |
|
|
|
(21,302 |
) |
| FTSE 100 Index |
|
|
249 |
|
|
|
12/20/19 |
|
|
|
23,371 |
|
|
|
21,787 |
|
| FTSE/MIB Index |
|
|
5 |
|
|
|
12/20/19 |
|
|
|
632 |
|
|
|
330 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,039,988 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(4,529 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
OTC Total Return Swaps
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reference Entity |
|
Fixed Amount
Paid by the Fund (a) |
|
|
Counterparty |
|
|
Termination
Date |
|
|
Notional
Amount (000) |
|
|
Value |
|
|
Upfront
Premium
Paid
(Received) |
|
|
Unrealized
Appreciation
(Depreciation) |
|
| Swiss Market IX Future December 2019 |
|
|
CHF |
|
|
|
1,798,997 |
|
|
|
Morgan Stanley & Co. International PLC |
|
|
|
12/20/19 |
|
|
|
CHF |
|
|
|
1,823 |
|
|
$ |
39,152 |
|
|
$ |
— |
|
|
$ |
39,152 |
|
| Swiss Market IX Future December 2019 |
|
|
CHF |
|
|
|
2,095,759 |
|
|
|
Morgan Stanley & Co. International PLC |
|
|
|
12/20/19 |
|
|
|
CHF |
|
|
|
2,124 |
|
|
|
48,790 |
|
|
|
— |
|
|
|
48,790 |
|
| Swiss Market IX Future December 2019 |
|
|
CHF |
|
|
|
2,443,823 |
|
|
|
Morgan Stanley & Co. International PLC |
|
|
|
12/20/19 |
|
|
|
CHF |
|
|
|
2,477 |
|
|
|
6,424 |
|
|
|
— |
|
|
|
6,424 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
94,366 |
|
|
$ |
— |
|
|
$ |
94,366 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
At termination, the fixed amount paid (received) will be exchanged for the total return of the reference entity. |
|
OTC Total Return Swaps (a)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reference Entity |
|
Counterparty |
|
Expiration
Date |
|
Net
Notional |
|
|
Unrealized
Appreciation
(Depreciation) |
|
|
Net Value of
Reference Entity |
|
|
Gross
Notional Amount
Net Asset Percentage |
|
| Equity Securities Long/Short |
|
Bank of America, N.A. |
|
02/17/23 — 02/20/23 |
|
$ |
333,804 |
|
|
$ |
(89,7241 |
)(b) |
|
$ |
(1,636,985 |
) |
|
|
53.5 |
% |
|
|
Bank of America, N.A. |
|
02/17/23 |
|
|
969 |
|
|
|
(1,248 |
)(c) |
|
|
— |
|
|
|
0.0 |
|
|
|
Deutsche Bank A.G. |
|
01/30/23 — 02/23/23 |
|
|
605,671 |
|
|
|
(53,058 |
)(d) |
|
|
554,035 |
|
|
|
0.1 |
|
|
|
Goldman Sachs & Co. |
|
09/11/29 — 02/28/23 |
|
|
2,806,923 |
|
|
|
(2,296,922 |
)(e) |
|
|
(756,824 |
) |
|
|
111.4 |
|
|
|
Goldman Sachs & Co. |
|
09/11/29 — 02/27/23 |
|
|
(696 |
) |
|
|
1,130,826 |
(f) |
|
|
(768 |
) |
|
|
0.0 |
|
|
|
UBS AG |
|
06/12/23 |
|
|
417,707 |
|
|
|
(556,886 |
)(g) |
|
|
(322,834 |
) |
|
|
29.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
4,164,378 |
|
|
$ |
(2,674,529 |
) |
|
$ |
(2,163,376 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
In regards to total return swaps with multiple financing rate benchmarks, the Fund receives or pays the total return on a
portfolio of long and short positions underlying the total return swap. In addition, the Fund pays or receives a variable rate of interest, based on a specified benchmark, plus or minus a spread in a range of
0-1582 basis points. The benchmark and spread are determined based upon the country and/or currency of the individual underlying positions. The following are the specified benchmarks used in determining the
variable rate of interest: |
|
AUD — 1D Overnight Reserve Bank of Australia Rate (AONIA)
AUD — 1M Australian Bank Bill Rate (BBSW)
CAD
— 1D Overnight Bank of Canada Repo Rate (CORRA)
CAD — 1M Canadian Bankers Acceptances (BA)
CHF — 1D Overnight Swiss Franc LIBOR Rate BBA (CHFONLIB)
CHF — 1W Swiss Franc LIBOR Rate BBA (SF0001W)
DKK
— 1W Copenhagen Interbank Swap Rate (CIBOR)
DKK — Danish Tom/Next Reference Rate (DETNT/N)
EUR — 1D Effective Overnight Index Average (EONIA)
EUR — 1M Euro Interbank Offer Rate (EURIBOR)
EUR
— 1W Euro Interbank Offer Rate (EURIBOR)
GBP — 1D Overnight Sterling LIBOR Rate BBA (GBPONLIB)
GBP — 1D Sterling Overnight Index Average (SONIA)
GBP — 1W Sterling LIBOR Rate BBA (GBP1WLIB)
HKD
— 1D Overnight Index Swap Rate (HKDONOIS)
HKD — 1M Hong Kong Interbank Offer rate (HIBOR)
HKD — 1W Hong Kong Interbank Offer rate (HIBOR)
HKD — 2W Hong Kong Interbank Offer rate (HIBOR)
ILS — 1D Overnight Tel Aviv Interbank Offer Rate (TELBOR)
ILS — 1M Tel Aviv Interbank Offer Rate (TELBOR)
JPY — 1D Japanese Yen Spot Next BBA LIBOR (JY000S/N)
JPY — 1D Overnight Tokyo Average Rate (TONAT)
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
JPY — 1M Japanese Yen LIBOR Rate BBA (JY0001M)
JPY — 1W Japanese Yen LIBOR Rate BBA (JY0001W)
NOK — 1W Norway Interbank Offer Rate (NIBOR)
NOK
— Norwegian Overnight Weighted Average (NOWA)
SEK — 1D Overnight Stockholm Interbank Offer Rate (STIBOR)
SEK — 1W Stockholm Interbank Offer Rate (STIBOR)
SEK — TN Stockholm Interbank Offer Rate (STIBOR)
SGD — 1D Overnight Singapore Assoc of Banks Rate (SIBOR)
SGD — 1D Singapore Assoc of Banks Swap Offer Rate (SOR)
SGD — 1M Singapore Assoc of Banks Swap Offer rate (SOR)
USD — 1D Overnight Bank Funding Rate (OBFR01)
USD
— 1D Overnight Fed Funds Effective Rate (FEDL01)
USD — 1M US Dollar LIBOR BBA
USD — 1W US Dollar LIBOR BBA
| |
(b) |
Amount includes $1,073,548 of net dividends and financing fees |
|
| |
(c) |
Amount includes $ (279) of net dividends and financing fees. |
|
| |
(d) |
Amount includes $ (1,422) of net dividends and financing fees. |
|
| |
(e) |
Amount includes $ 1,266,825 of net dividends and financing fees. |
|
| |
(f) |
Amount includes $ 1,130,898 of net dividends and financing fees. |
|
| |
(g) |
Amount includes $ 183,655 of net dividends and financing fees. |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
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 Bank of America, N.A. as of October 31, 2019, expiration dates 02/17/23 — 02/20/23:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Reference Entity — Long |
|
|
|
|
|
| Argentina |
|
|
|
|
|
|
|
|
|
| MercadoLibre, Inc. |
|
|
255 |
|
|
$ |
132,988 |
|
|
|
(8.1 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Australia |
|
|
|
|
|
|
|
|
|
| Adelaide Brighton Ltd. |
|
|
27,235 |
|
|
|
57,845 |
|
|
|
(3.5 |
) |
| AGL Energy Ltd. |
|
|
3,625 |
|
|
|
49,483 |
|
|
|
(3.0 |
) |
| ALS Ltd. |
|
|
2,828 |
|
|
|
15,728 |
|
|
|
(1.0 |
) |
| Ansell Ltd. |
|
|
20,140 |
|
|
|
382,998 |
|
|
|
(23.4 |
) |
| Aristocrat Leisure Ltd. |
|
|
33,274 |
|
|
|
725,541 |
|
|
|
(44.3 |
) |
| AusNet Services |
|
|
18,781 |
|
|
|
23,990 |
|
|
|
(1.5 |
) |
| Challenger Ltd. |
|
|
21,245 |
|
|
|
116,523 |
|
|
|
(7.1 |
) |
| Cochlear Ltd. |
|
|
4,499 |
|
|
|
656,359 |
|
|
|
(40.1 |
) |
| Coles Group Ltd. |
|
|
10,277 |
|
|
|
106,355 |
|
|
|
(6.5 |
) |
| CSR Ltd. |
|
|
186,836 |
|
|
|
534,057 |
|
|
|
(32.6 |
) |
| Domino’s Pizza Enterprises Ltd. |
|
|
2,613 |
|
|
|
91,930 |
|
|
|
(5.6 |
) |
| Fortescue Metals Group Ltd. |
|
|
7,400 |
|
|
|
45,293 |
|
|
|
(2.8 |
) |
| Harvey Norman Holdings Ltd. |
|
|
5,556 |
|
|
|
15,676 |
|
|
|
(1.0 |
) |
| Magellan Financial Group Ltd. |
|
|
2,517 |
|
|
|
83,484 |
|
|
|
(5.1 |
) |
| REA Group Ltd. |
|
|
5,758 |
|
|
|
432,134 |
|
|
|
(26.4 |
) |
| Scentre Group |
|
|
64,076 |
|
|
|
169,298 |
|
|
|
(10.3 |
) |
| Spark Infrastructure Group |
|
|
123,214 |
|
|
|
171,825 |
|
|
|
(10.5 |
) |
| Treasury Wine Estates Ltd. |
|
|
1,231 |
|
|
|
14,924 |
|
|
|
(0.9 |
) |
| Vicinity Centres |
|
|
166,722 |
|
|
|
306,889 |
|
|
|
(18.8 |
) |
| WiseTech Global Ltd. |
|
|
3,506 |
|
|
|
62,963 |
|
|
|
(3.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,063,295 |
|
|
|
|
|
|
|
|
|
| Austria |
|
|
|
|
|
|
|
|
|
| Vienna Insurance Group AG Wiener Versicherung Gruppe |
|
|
22 |
|
|
|
596 |
|
|
|
0.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Belgium |
|
|
|
|
|
|
|
|
|
| Groupe Bruxelles Lambert SA |
|
|
32,573 |
|
|
|
3,272,148 |
|
|
|
(199.9 |
) |
| UCB SA |
|
|
40,172 |
|
|
|
3,237,815 |
|
|
|
(197.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,509,963 |
|
|
|
|
|
|
|
|
|
| Canada |
|
|
|
|
|
|
|
|
|
| CCL Industries, Inc., Class B |
|
|
3,253 |
|
|
|
133,889 |
|
|
|
(8.2 |
) |
| FirstService Corp. |
|
|
2,583 |
|
|
|
225,451 |
|
|
|
(13.8 |
) |
| Franco-Nevada Corp. |
|
|
12,503 |
|
|
|
1,213,183 |
|
|
|
(74.1 |
) |
| Restaurant Brands International, Inc. |
|
|
16,278 |
|
|
|
1,064,973 |
|
|
|
(65.0 |
) |
| Rogers Communications, Inc., Class B |
|
|
6,335 |
|
|
|
298,256 |
|
|
|
(18.2 |
) |
| Teck Resources Ltd., Class B |
|
|
5,176 |
|
|
|
81,819 |
|
|
|
(5.0 |
) |
| TELUS Corp. |
|
|
44,211 |
|
|
|
1,572,611 |
|
|
|
(96.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Canada (continued) |
|
|
|
|
|
|
|
|
|
| TFI International, Inc. |
|
|
32,117 |
|
|
$ |
1,023,423 |
|
|
|
(62.5 |
)% |
| Tourmaline Oil Corp. |
|
|
2,236 |
|
|
|
19,184 |
|
|
|
(1.2 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,632,789 |
|
|
|
|
|
|
|
|
|
| Denmark |
|
|
|
|
|
|
|
|
|
| AP Moeller — Maersk A/S, Class B |
|
|
580 |
|
|
|
739,849 |
|
|
|
(45.2 |
) |
| FLSmidth & Co. A/S |
|
|
5,227 |
|
|
|
187,353 |
|
|
|
(11.5 |
) |
| GN Store Nord A/S |
|
|
7,009 |
|
|
|
308,347 |
|
|
|
(18.8 |
) |
| ISS A/S |
|
|
33,842 |
|
|
|
886,025 |
|
|
|
(54.1 |
) |
| Rockwool International A/S, -B Shares |
|
|
713 |
|
|
|
140,132 |
|
|
|
(8.6 |
) |
| SimCorp A/S |
|
|
2,473 |
|
|
|
221,278 |
|
|
|
(13.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,482,984 |
|
|
|
|
|
|
|
|
|
| Finland |
|
|
|
|
|
|
|
|
|
| Kone OYJ, Class B |
|
|
17,548 |
|
|
|
1,117,383 |
|
|
|
(68.3 |
) |
| Outokumpu OYJ |
|
|
14,006 |
|
|
|
39,797 |
|
|
|
(2.4 |
) |
| Wartsila OYJ Abp |
|
|
7,733 |
|
|
|
81,697 |
|
|
|
(5.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,238,877 |
|
|
|
|
|
|
|
|
|
| France |
|
|
|
|
|
|
|
|
|
| Gaztransport Et Technigaz SA |
|
|
5,556 |
|
|
|
506,921 |
|
|
|
(31.0 |
) |
| Imerys SA |
|
|
8,253 |
|
|
|
318,802 |
|
|
|
(19.5 |
) |
| Lagardere SCA |
|
|
5,059 |
|
|
|
113,046 |
|
|
|
(6.9 |
) |
| Nexity SA |
|
|
6,423 |
|
|
|
332,443 |
|
|
|
(20.3 |
) |
| Publicis Groupe SA |
|
|
25,248 |
|
|
|
1,086,637 |
|
|
|
(66.4 |
) |
| Rexel SA |
|
|
3,125 |
|
|
|
38,742 |
|
|
|
(2.4 |
) |
| Safran SA |
|
|
8,421 |
|
|
|
1,333,801 |
|
|
|
(81.5 |
) |
| SCOR SE |
|
|
21,105 |
|
|
|
890,191 |
|
|
|
(54.4 |
) |
| Sodexo SA |
|
|
142 |
|
|
|
15,616 |
|
|
|
(0.9 |
) |
| Teleperformance |
|
|
7,392 |
|
|
|
1,677,122 |
|
|
|
(102.4 |
) |
| Veolia Environnement SA |
|
|
22,698 |
|
|
|
597,497 |
|
|
|
(36.5 |
) |
| Wendel SA |
|
|
151 |
|
|
|
21,411 |
|
|
|
(1.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,932,229 |
|
|
|
|
|
|
|
|
|
| Germany |
|
|
|
|
|
|
|
|
|
| adidas AG |
|
|
834 |
|
|
|
257,515 |
|
|
|
(15.7 |
) |
| Bayer AG, Registered Shares |
|
|
5,670 |
|
|
|
439,857 |
|
|
|
(26.9 |
) |
| DWS Group GmbH & Co. KGaA |
|
|
2,001 |
|
|
|
64,720 |
|
|
|
(3.9 |
) |
| Evonik Industries AG |
|
|
38,315 |
|
|
|
1,009,751 |
|
|
|
(61.7 |
) |
| Freenet AG |
|
|
58,759 |
|
|
|
1,304,905 |
|
|
|
(79.7 |
) |
| Grand City Properties SA |
|
|
5,511 |
|
|
|
129,020 |
|
|
|
(7.9 |
) |
| Henkel AG & Co. KGaA, Preference Shares |
|
|
3,428 |
|
|
|
356,076 |
|
|
|
(21.8 |
) |
| Sartorius AG, Preference Shares |
|
|
1,688 |
|
|
|
328,015 |
|
|
|
(20.0 |
) |
| LEG Immobilien AG |
|
|
475 |
|
|
|
54,560 |
|
|
|
(3.3 |
) |
| MTU Aero Engines AG |
|
|
4,882 |
|
|
|
1,305,598 |
|
|
|
(79.8 |
) |
| Nemetschek SE |
|
|
5,247 |
|
|
|
267,715 |
|
|
|
(16.4 |
) |
| Puma SE |
|
|
2,570 |
|
|
|
193,333 |
|
|
|
(11.8 |
) |
| Rational AG |
|
|
112 |
|
|
|
85,216 |
|
|
|
(5.2 |
) |
| Stroeer SE & Co. KGaA |
|
|
3,898 |
|
|
|
314,055 |
|
|
|
(19.2 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Germany (continued) |
|
|
|
|
|
|
|
|
|
| Telefonica Deutschland Holding AG |
|
|
493,192 |
|
|
$ |
1,564,912 |
|
|
|
(95.6 |
)% |
| TLG Immobilien AG |
|
|
8,247 |
|
|
|
241,444 |
|
|
|
(14.7 |
) |
| Zalando SE |
|
|
2,978 |
|
|
|
129,117 |
|
|
|
(7.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,045,809 |
|
|
|
|
|
|
|
|
|
| Hong Kong |
|
|
|
|
|
|
|
|
|
| Champion REIT |
|
|
31,000 |
|
|
|
20,546 |
|
|
|
(1.2 |
) |
| Hysan Development Co. Ltd. |
|
|
9,000 |
|
|
|
35,471 |
|
|
|
(2.2 |
) |
| Melco Resorts & Entertainment Ltd. — ADR |
|
|
7,579 |
|
|
|
163,252 |
|
|
|
(10.0 |
) |
| NWS Holdings Ltd. |
|
|
43,000 |
|
|
|
63,996 |
|
|
|
(3.9 |
) |
| Swire Pacific Ltd., Class A |
|
|
19,000 |
|
|
|
181,113 |
|
|
|
(11.1 |
) |
| Techtronic Industries Co. Ltd. |
|
|
114,500 |
|
|
|
894,819 |
|
|
|
(54.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,359,197 |
|
|
|
|
|
|
|
|
|
| Ireland |
|
|
|
|
|
|
|
|
|
| Kerry Group PLC, Class A |
|
|
5,501 |
|
|
|
665,062 |
|
|
|
(40.6 |
) |
| UDG Healthcare PLC |
|
|
30,161 |
|
|
|
302,342 |
|
|
|
(18.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
967,404 |
|
|
|
|
|
|
|
|
|
| Italy |
|
|
|
|
|
|
|
|
|
| Ferrari NV |
|
|
5,168 |
|
|
|
827,691 |
|
|
|
(50.5 |
) |
| Iren SpA |
|
|
34,638 |
|
|
|
107,474 |
|
|
|
(6.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
935,165 |
|
|
|
|
|
|
|
|
|
| Japan |
|
|
|
|
|
|
|
|
|
| AEON Financial Service Co. Ltd. |
|
|
6,700 |
|
|
|
102,111 |
|
|
|
(6.2 |
) |
| Aeon Mall Co. Ltd. |
|
|
29,000 |
|
|
|
463,972 |
|
|
|
(28.3 |
) |
| AGC, Inc. |
|
|
28,100 |
|
|
|
987,998 |
|
|
|
(60.4 |
) |
| Benesse Holdings, Inc. |
|
|
13,900 |
|
|
|
372,100 |
|
|
|
(22.7 |
) |
| Brother Industries Ltd. |
|
|
5,100 |
|
|
|
95,850 |
|
|
|
(5.9 |
) |
| Calbee, Inc. |
|
|
10,700 |
|
|
|
357,655 |
|
|
|
(21.8 |
) |
| Citizen Watch Co. Ltd. |
|
|
91,500 |
|
|
|
486,465 |
|
|
|
(29.7 |
) |
| Dai-ichi Life Holdings, Inc. |
|
|
3,800 |
|
|
|
61,938 |
|
|
|
(3.8 |
) |
| Daicel Corp. |
|
|
7,300 |
|
|
|
65,258 |
|
|
|
(4.0 |
) |
| Denka Co. Ltd. |
|
|
2,600 |
|
|
|
75,033 |
|
|
|
(4.6 |
) |
| Eisai Co. Ltd. |
|
|
1,300 |
|
|
|
94,106 |
|
|
|
(5.8 |
) |
| Electric Power Development Co. Ltd. |
|
|
26,600 |
|
|
|
645,859 |
|
|
|
(39.5 |
) |
| Fancl Corp. |
|
|
9,800 |
|
|
|
276,938 |
|
|
|
(16.9 |
) |
| Fast Retailing Co. Ltd. |
|
|
300 |
|
|
|
185,008 |
|
|
|
(11.3 |
) |
| Fuji Media Holdings, Inc. |
|
|
17,300 |
|
|
|
233,768 |
|
|
|
(14.3 |
) |
| Fuji Seal International, Inc. |
|
|
700 |
|
|
|
17,388 |
|
|
|
(1.1 |
) |
| GS Yuasa Corp. |
|
|
8,300 |
|
|
|
151,311 |
|
|
|
(9.2 |
) |
| H2O Retailing Corp. |
|
|
17,100 |
|
|
|
193,940 |
|
|
|
(11.8 |
) |
| Hino Motors Ltd. |
|
|
1,200 |
|
|
|
11,345 |
|
|
|
(0.7 |
) |
| Hulic Co. Ltd. |
|
|
4,200 |
|
|
|
45,598 |
|
|
|
(2.8 |
) |
| Isetan Mitsukoshi Holdings Ltd. |
|
|
72,100 |
|
|
|
575,010 |
|
|
|
(35.1 |
) |
| Isuzu Motors Ltd. |
|
|
3,800 |
|
|
|
44,156 |
|
|
|
(2.7 |
) |
| Izumi Co. Ltd. |
|
|
14,400 |
|
|
|
541,704 |
|
|
|
(33.1 |
) |
| Japan Airlines Co. Ltd. |
|
|
700 |
|
|
|
21,813 |
|
|
|
(1.3 |
) |
| JFE Holdings, Inc. |
|
|
73,400 |
|
|
|
918,061 |
|
|
|
(56.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| JXTG Holdings, Inc. |
|
|
179,000 |
|
|
$ |
836,689 |
|
|
|
(51.1 |
)% |
| Kajima Corp. |
|
|
40,100 |
|
|
|
551,077 |
|
|
|
(33.7 |
) |
| Kandenko Co. Ltd. |
|
|
17,200 |
|
|
|
162,632 |
|
|
|
(9.9 |
) |
| Kaneka Corp. |
|
|
10,900 |
|
|
|
362,845 |
|
|
|
(22.2 |
) |
| Kansai Electric Power Co., Inc. |
|
|
16,500 |
|
|
|
192,491 |
|
|
|
(11.8 |
) |
| Kao Corp. |
|
|
8,800 |
|
|
|
707,508 |
|
|
|
(43.2 |
) |
| KDDI Corp. |
|
|
15,900 |
|
|
|
439,971 |
|
|
|
(26.9 |
) |
| Kinden Corp. |
|
|
3,100 |
|
|
|
46,633 |
|
|
|
(2.9 |
) |
| Kobe Steel Ltd. |
|
|
110,500 |
|
|
|
594,106 |
|
|
|
(36.3 |
) |
| Konica Minolta, Inc. |
|
|
30,600 |
|
|
|
224,598 |
|
|
|
(13.7 |
) |
| Kose Corp. |
|
|
400 |
|
|
|
70,918 |
|
|
|
(4.3 |
) |
| Lintec Corp. |
|
|
14,200 |
|
|
|
298,240 |
|
|
|
(18.2 |
) |
| Maeda Corp. |
|
|
16,800 |
|
|
|
155,918 |
|
|
|
(9.5 |
) |
| Maruha Nichiro Corp. |
|
|
8,900 |
|
|
|
231,154 |
|
|
|
(14.1 |
) |
| Maruichi Steel Tube Ltd. |
|
|
900 |
|
|
|
24,577 |
|
|
|
(1.5 |
) |
| Mazda Motor Corp. |
|
|
25,900 |
|
|
|
237,770 |
|
|
|
(14.5 |
) |
| Mitsubishi Gas Chemical Co., Inc. |
|
|
37,100 |
|
|
|
523,366 |
|
|
|
(32.0 |
) |
| Mitsubishi Motors Corp. |
|
|
86,400 |
|
|
|
394,485 |
|
|
|
(24.1 |
) |
| Mitsubishi Tanabe Pharma Corp. |
|
|
7,000 |
|
|
|
83,778 |
|
|
|
(5.1 |
) |
| MS&AD Insurance Group Holdings, Inc. |
|
|
13,300 |
|
|
|
429,473 |
|
|
|
(26.2 |
) |
| Nifco, Inc. |
|
|
2,900 |
|
|
|
76,548 |
|
|
|
(4.7 |
) |
| Nikon Corp. |
|
|
3,400 |
|
|
|
43,351 |
|
|
|
(2.6 |
) |
| Nippon Electric Glass Co. Ltd. |
|
|
54,900 |
|
|
|
1,236,708 |
|
|
|
(75.5 |
) |
| Nippon Express Co. Ltd. |
|
|
3,400 |
|
|
|
193,989 |
|
|
|
(11.9 |
) |
| Nippon Shokubai Co. Ltd. |
|
|
1,700 |
|
|
|
104,827 |
|
|
|
(6.4 |
) |
| Nippon Steel Corp. |
|
|
2,200 |
|
|
|
32,110 |
|
|
|
(2.0 |
) |
| Nippon Television Holdings, Inc. |
|
|
15,700 |
|
|
|
205,336 |
|
|
|
(12.5 |
) |
| Nissan Motor Co. Ltd. |
|
|
40,600 |
|
|
|
256,210 |
|
|
|
(15.7 |
) |
| Nitto Denko Corp. |
|
|
700 |
|
|
|
38,728 |
|
|
|
(2.4 |
) |
| NTN Corp. |
|
|
36,900 |
|
|
|
114,410 |
|
|
|
(7.0 |
) |
| Oji Holdings Corp. |
|
|
92,200 |
|
|
|
476,696 |
|
|
|
(29.1 |
) |
| Pilot Corp. |
|
|
1,500 |
|
|
|
60,836 |
|
|
|
(3.7 |
) |
| Pola Orbis Holdings, Inc. |
|
|
46,800 |
|
|
|
1,056,079 |
|
|
|
(64.5 |
) |
| Relo Group, Inc. |
|
|
1,100 |
|
|
|
26,921 |
|
|
|
(1.6 |
) |
| Sanwa Holdings Corp. |
|
|
17,700 |
|
|
|
207,012 |
|
|
|
(12.6 |
) |
| Seino Holdings Co Ltd. |
|
|
12,200 |
|
|
|
156,867 |
|
|
|
(9.6 |
) |
| Shikoku Electric Power Co., Inc. |
|
|
8,500 |
|
|
|
84,264 |
|
|
|
(5.1 |
) |
| Shimadzu Corp. |
|
|
900 |
|
|
|
24,035 |
|
|
|
(1.5 |
) |
| Shimizu Corp. |
|
|
18,900 |
|
|
|
176,186 |
|
|
|
(10.8 |
) |
| SKY Perfect JSAT Holdings, Inc. |
|
|
32,200 |
|
|
|
132,986 |
|
|
|
(8.1 |
) |
| Sumitomo Heavy Industries Ltd. |
|
|
1,000 |
|
|
|
31,062 |
|
|
|
(1.9 |
) |
| Sumitomo Rubber Industries Ltd. |
|
|
17,100 |
|
|
|
226,639 |
|
|
|
(13.8 |
) |
| Sundrug Co. Ltd. |
|
|
2,900 |
|
|
|
95,963 |
|
|
|
(5.9 |
) |
| Suntory Beverage & Food Ltd. |
|
|
1,500 |
|
|
|
64,126 |
|
|
|
(3.9 |
) |
| T&D Holdings, Inc. |
|
|
64,300 |
|
|
|
716,156 |
|
|
|
(43.8 |
) |
| Taiheiyo Cement Corp. |
|
|
3,000 |
|
|
|
84,867 |
|
|
|
(5.2 |
) |
| Taisho Pharmaceutical Holdings Co. Ltd. |
|
|
2,700 |
|
|
|
192,171 |
|
|
|
(11.7 |
) |
| Takeda Pharmaceutical Co. Ltd. |
|
|
3,800 |
|
|
|
137,306 |
|
|
|
(8.4 |
) |
| Tohoku Electric Power Co., Inc. |
|
|
20,100 |
|
|
|
206,583 |
|
|
|
(12.6 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| Tokyo Broadcasting System Holdings, Inc. |
|
|
8,200 |
|
|
$ |
130,752 |
|
|
|
(8.0 |
)% |
| Tokyo Electron Ltd. |
|
|
1,500 |
|
|
|
303,898 |
|
|
|
(18.6 |
) |
| Topcon Corp. |
|
|
13,000 |
|
|
|
179,251 |
|
|
|
(11.0 |
) |
| Tosoh Corp. |
|
|
2,300 |
|
|
|
31,493 |
|
|
|
(1.9 |
) |
| TV Asahi Holdings Corp. |
|
|
11,400 |
|
|
|
178,056 |
|
|
|
(10.9 |
) |
| Ube Industries Ltd. |
|
|
91,700 |
|
|
|
1,963,403 |
|
|
|
(119.9 |
) |
| Yamaha Motor Co. Ltd. |
|
|
15,200 |
|
|
|
297,508 |
|
|
|
(18.2 |
) |
| Yamato Holdings Co. Ltd. |
|
|
47,500 |
|
|
|
796,699 |
|
|
|
(48.7 |
) |
| Yamato Kogyo Co. Ltd. |
|
|
700 |
|
|
|
18,159 |
|
|
|
(1.1 |
) |
| Zenkoku Hosho Co. Ltd. |
|
|
9,800 |
|
|
|
409,140 |
|
|
|
(25.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24,359,945 |
|
|
|
|
|
|
|
|
|
| Netherlands |
|
|
|
|
|
|
|
|
|
| Aegon NV |
|
|
101,648 |
|
|
|
440,983 |
|
|
|
(26.9 |
) |
| ASR Nederland NV |
|
|
9,187 |
|
|
|
336,783 |
|
|
|
(20.6 |
) |
| Cimpress NV |
|
|
118 |
|
|
|
15,590 |
|
|
|
(1.0 |
) |
| Euronext NV |
|
|
872 |
|
|
|
70,346 |
|
|
|
(4.3 |
) |
| Koninklijke DSM NV |
|
|
2,285 |
|
|
|
271,202 |
|
|
|
(16.6 |
) |
| NN Group NV |
|
|
7,246 |
|
|
|
276,485 |
|
|
|
(16.9 |
) |
| Signify NV |
|
|
5,990 |
|
|
|
175,507 |
|
|
|
(10.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,586,896 |
|
|
|
|
|
|
|
|
|
| Norway |
|
|
|
|
|
|
|
|
|
| Leroy Seafood Group ASA |
|
|
60,329 |
|
|
|
405,260 |
|
|
|
(24.7 |
) |
| Norsk Hydro ASA |
|
|
13,830 |
|
|
|
48,869 |
|
|
|
(3.0 |
) |
| Schibsted ASA, Class A |
|
|
30,472 |
|
|
|
894,916 |
|
|
|
(54.7 |
) |
| TGS Nopec Geophysical Co. ASA |
|
|
9,787 |
|
|
|
254,181 |
|
|
|
(15.5 |
) |
| Tomra Systems ASA |
|
|
8,365 |
|
|
|
225,464 |
|
|
|
(13.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,828,690 |
|
|
|
|
|
|
|
|
|
| Singapore |
|
|
|
|
|
|
|
|
|
| Keppel REIT |
|
|
43,600 |
|
|
|
38,756 |
|
|
|
(2.4 |
) |
| Suntec Real Estate Investment Trust |
|
|
1,072,900 |
|
|
|
1,465,697 |
|
|
|
(89.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,504,453 |
|
|
|
|
|
|
|
|
|
| Spain |
|
|
|
|
|
|
|
|
|
| Acerinox SA |
|
|
2,937 |
|
|
|
27,535 |
|
|
|
(1.7 |
) |
| Applus Services SA |
|
|
25,608 |
|
|
|
309,458 |
|
|
|
(18.9 |
) |
| Zardoya Otis SA |
|
|
6,529 |
|
|
|
49,503 |
|
|
|
(3.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
386,496 |
|
|
|
|
|
|
|
|
|
| Sweden |
|
|
|
|
|
|
|
|
|
| AAK AB |
|
|
14,776 |
|
|
|
262,112 |
|
|
|
(16.0 |
) |
| Assa Abloy AB, Class B |
|
|
65,658 |
|
|
|
1,559,270 |
|
|
|
(95.2 |
) |
| Fabege AB |
|
|
11,467 |
|
|
|
171,253 |
|
|
|
(10.5 |
) |
| Kinnevik AB, Class B |
|
|
3,135 |
|
|
|
85,798 |
|
|
|
(5.2 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Sweden (continued) |
|
|
|
|
|
|
|
|
|
| Nibe Industrier AB, -B Shares |
|
|
2,579 |
|
|
$ |
35,313 |
|
|
|
(2.2 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,113,746 |
|
|
|
|
|
|
|
|
|
| Switzerland |
|
|
|
|
|
|
|
|
|
| Bucher Industries AG, Registered Shares |
|
|
64 |
|
|
|
19,810 |
|
|
|
(1.2 |
) |
| Dormakaba Holding AG |
|
|
80 |
|
|
|
51,246 |
|
|
|
(3.1 |
) |
| Dufry AG, Registered Shares |
|
|
3,685 |
|
|
|
320,505 |
|
|
|
(19.6 |
) |
| IWG PLC |
|
|
17,006 |
|
|
|
84,711 |
|
|
|
(5.2 |
) |
| LafargeHolcim Ltd., Registered Shares |
|
|
33,374 |
|
|
|
1,722,715 |
|
|
|
(105.2 |
) |
| Landis+Gyr Group AG |
|
|
2,743 |
|
|
|
254,696 |
|
|
|
(15.6 |
) |
| PSP Swiss Property AG, Registered Shares |
|
|
7,688 |
|
|
|
1,017,622 |
|
|
|
(62.2 |
) |
| Schindler Holding AG, Participation Certificates |
|
|
294 |
|
|
|
72,029 |
|
|
|
(4.4 |
) |
| Schindler Holding AG, Registered Shares |
|
|
744 |
|
|
|
176,189 |
|
|
|
(10.8 |
) |
| Sunrise Communications Group AG |
|
|
39,143 |
|
|
|
3,045,536 |
|
|
|
(186.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,765,059 |
|
|
|
|
|
|
|
|
|
| United Kingdom |
|
|
|
|
|
|
|
|
|
| Aon PLC |
|
|
668 |
|
|
|
129,031 |
|
|
|
(7.9 |
) |
| B&M European Value Retail SA |
|
|
3,628 |
|
|
|
17,405 |
|
|
|
(1.1 |
) |
| Babcock International Group PLC |
|
|
55,303 |
|
|
|
397,197 |
|
|
|
(24.3 |
) |
| Bellway PLC |
|
|
17,483 |
|
|
|
715,569 |
|
|
|
(43.7 |
) |
| Britvic PLC |
|
|
2,756 |
|
|
|
35,236 |
|
|
|
(2.1 |
) |
| Centrica PLC |
|
|
116,967 |
|
|
|
110,074 |
|
|
|
(6.7 |
) |
| Compass Group PLC |
|
|
19,345 |
|
|
|
515,043 |
|
|
|
(31.4 |
) |
| ConvaTec Group PLC |
|
|
25,805 |
|
|
|
65,925 |
|
|
|
(4.0 |
) |
| DCC PLC |
|
|
205 |
|
|
|
19,225 |
|
|
|
(1.2 |
) |
| Dechra Pharmaceuticals PLC |
|
|
38,561 |
|
|
|
1,315,377 |
|
|
|
(80.3 |
) |
| Experian PLC |
|
|
1,750 |
|
|
|
55,162 |
|
|
|
(3.4 |
) |
| Greggs PLC |
|
|
32,954 |
|
|
|
757,981 |
|
|
|
(46.3 |
) |
| Halma PLC |
|
|
14,303 |
|
|
|
347,068 |
|
|
|
(21.2 |
) |
| HomeServe PLC |
|
|
130,401 |
|
|
|
1,957,724 |
|
|
|
(119.6 |
) |
| IHS Markit Ltd. |
|
|
1,612 |
|
|
|
112,872 |
|
|
|
(6.9 |
) |
| J. Sainsbury PLC |
|
|
275,059 |
|
|
|
724,856 |
|
|
|
(44.3 |
) |
| John Wood Group PLC |
|
|
75,267 |
|
|
|
330,469 |
|
|
|
(20.2 |
) |
| Moneysupermarket.com Group PLC |
|
|
70,624 |
|
|
|
314,253 |
|
|
|
(19.2 |
) |
| Rotork PLC |
|
|
291,608 |
|
|
|
1,138,779 |
|
|
|
(69.6 |
) |
| SSP Group PLC |
|
|
94,422 |
|
|
|
778,616 |
|
|
|
(47.6 |
) |
| Subsea 7 SA |
|
|
87,626 |
|
|
|
823,221 |
|
|
|
(50.3 |
) |
| Willis Towers Watson PLC |
|
|
268 |
|
|
|
50,089 |
|
|
|
(3.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,711,172 |
|
|
|
|
|
|
|
|
|
| United States |
|
|
|
|
|
|
|
|
|
| Alcoa Corp. |
|
|
1,508 |
|
|
|
31,351 |
|
|
|
(1.9 |
) |
| Allegion PLC |
|
|
958 |
|
|
|
111,166 |
|
|
|
(6.8 |
) |
| Alphabet, Inc., Class A |
|
|
366 |
|
|
|
460,721 |
|
|
|
(28.1 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| United States (continued) |
|
|
|
|
|
|
|
|
|
| Amazon.com, Inc. |
|
|
551 |
|
|
$ |
978,940 |
|
|
|
(59.8 |
)% |
| AMC Networks, Inc., Class A |
|
|
21,777 |
|
|
|
948,388 |
|
|
|
(57.9 |
) |
| Amcor PLC |
|
|
51,716 |
|
|
|
495,201 |
|
|
|
(30.3 |
) |
| American Financial Group, Inc. |
|
|
3,888 |
|
|
|
404,508 |
|
|
|
(24.7 |
) |
| American Tower Corp. |
|
|
596 |
|
|
|
129,976 |
|
|
|
(7.9 |
) |
| AMETEK, Inc. |
|
|
11,017 |
|
|
|
1,009,708 |
|
|
|
(61.7 |
) |
| Analog Devices, Inc. |
|
|
2,735 |
|
|
|
291,633 |
|
|
|
(17.8 |
) |
| Aspen Technology, Inc. |
|
|
135 |
|
|
|
15,540 |
|
|
|
(1.0 |
) |
| Avnet, Inc. |
|
|
1,270 |
|
|
|
50,241 |
|
|
|
(3.1 |
) |
| Ball Corp. |
|
|
13,620 |
|
|
|
952,991 |
|
|
|
(58.2 |
) |
| Bank OZK |
|
|
3,798 |
|
|
|
106,572 |
|
|
|
(6.5 |
) |
| Booking Holdings, Inc. |
|
|
29 |
|
|
|
59,414 |
|
|
|
(3.6 |
) |
| Bristol-Myers Squibb Co. |
|
|
3,707 |
|
|
|
212,671 |
|
|
|
(13.0 |
) |
| Broadridge Financial Solutions, Inc. |
|
|
3,038 |
|
|
|
380,418 |
|
|
|
(23.2 |
) |
| Brown & Brown, Inc. |
|
|
10,268 |
|
|
|
386,898 |
|
|
|
(23.6 |
) |
| Carlisle Cos., Inc. |
|
|
2,042 |
|
|
|
310,935 |
|
|
|
(19.0 |
) |
| Catalent, Inc. |
|
|
1,056 |
|
|
|
51,374 |
|
|
|
(3.1 |
) |
| CBRE Group, Inc., Class A |
|
|
811 |
|
|
|
43,429 |
|
|
|
(2.7 |
) |
| Chipotle Mexican Grill, Inc. |
|
|
21 |
|
|
|
16,341 |
|
|
|
(1.0 |
) |
| Cinemark Holdings, Inc. |
|
|
6,725 |
|
|
|
246,135 |
|
|
|
(15.0 |
) |
| Cintas Corp. |
|
|
1,487 |
|
|
|
399,512 |
|
|
|
(24.4 |
) |
| CIT Group, Inc. |
|
|
54,119 |
|
|
|
2,321,164 |
|
|
|
(141.8 |
) |
| Citizens Financial Group, Inc. |
|
|
44,742 |
|
|
|
1,573,129 |
|
|
|
(96.1 |
) |
| Comerica, Inc. |
|
|
2,662 |
|
|
|
174,148 |
|
|
|
(10.6 |
) |
| ConocoPhillips |
|
|
4,601 |
|
|
|
253,975 |
|
|
|
(15.5 |
) |
| Copart, Inc. |
|
|
2,273 |
|
|
|
187,841 |
|
|
|
(11.5 |
) |
| CoStar Group, Inc. |
|
|
534 |
|
|
|
293,444 |
|
|
|
(17.9 |
) |
| Crane Co. |
|
|
4,233 |
|
|
|
323,909 |
|
|
|
(19.8 |
) |
| CubeSmart |
|
|
4,004 |
|
|
|
126,927 |
|
|
|
(7.8 |
) |
| Curtiss-Wright Corp. |
|
|
11,193 |
|
|
|
1,513,853 |
|
|
|
(92.5 |
) |
| DaVita, Inc. |
|
|
2,609 |
|
|
|
152,887 |
|
|
|
(9.3 |
) |
| Discovery, Inc., Class A |
|
|
34,676 |
|
|
|
934,692 |
|
|
|
(57.1 |
) |
| Dunkin’ Brands Group, Inc. |
|
|
25,527 |
|
|
|
2,006,933 |
|
|
|
(122.6 |
) |
| DuPont de Nemours, Inc. |
|
|
5,230 |
|
|
|
344,709 |
|
|
|
(21.1 |
) |
| DXC Technology Co. |
|
|
3,772 |
|
|
|
104,371 |
|
|
|
(6.4 |
) |
| East West Bancorp, Inc. |
|
|
34,347 |
|
|
|
1,474,173 |
|
|
|
(90.1 |
) |
| Eastman Chemical Co. |
|
|
6,077 |
|
|
|
462,095 |
|
|
|
(28.2 |
) |
| Ecolab, Inc. |
|
|
11,184 |
|
|
|
2,148,111 |
|
|
|
(131.2 |
) |
| EnerSys |
|
|
248 |
|
|
|
16,581 |
|
|
|
(1.0 |
) |
| Entegris, Inc. |
|
|
10,847 |
|
|
|
520,656 |
|
|
|
(31.8 |
) |
| EOG Resources, Inc. |
|
|
11,094 |
|
|
|
768,925 |
|
|
|
(47.0 |
) |
| Equifax, Inc. |
|
|
8,443 |
|
|
|
1,154,243 |
|
|
|
(70.5 |
) |
| Equinix, Inc. |
|
|
145 |
|
|
|
82,183 |
|
|
|
(5.0 |
) |
| Essent Group Ltd. |
|
|
2,564 |
|
|
|
133,559 |
|
|
|
(8.2 |
) |
| Estee Lauder Cos., Inc., Class A |
|
|
5,099 |
|
|
|
949,791 |
|
|
|
(58.0 |
) |
| Extended Stay America, Inc. |
|
|
1,264 |
|
|
|
17,961 |
|
|
|
(1.1 |
) |
| FactSet Research Systems, Inc. |
|
|
4,590 |
|
|
|
1,163,657 |
|
|
|
(71.1 |
) |
| First American Financial Corp. |
|
|
9,002 |
|
|
|
556,144 |
|
|
|
(34.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| First Horizon National Corp. |
|
|
32,905 |
|
|
$ |
525,493 |
|
|
|
(32.1 |
)% |
| FirstCash, Inc. |
|
|
923 |
|
|
|
77,892 |
|
|
|
(4.8 |
) |
| FleetCor Technologies, Inc. |
|
|
1,034 |
|
|
|
304,223 |
|
|
|
(18.6 |
) |
| Fluor Corp. |
|
|
11,581 |
|
|
|
186,570 |
|
|
|
(11.4 |
) |
| Ford Motor Co. |
|
|
50,073 |
|
|
|
430,127 |
|
|
|
(26.3 |
) |
| Fortinet, Inc. |
|
|
385 |
|
|
|
31,401 |
|
|
|
(1.9 |
) |
| frontdoor, Inc. |
|
|
776 |
|
|
|
37,426 |
|
|
|
(2.3 |
) |
| Gentex Corp. |
|
|
620 |
|
|
|
17,391 |
|
|
|
(1.1 |
) |
| Globe Life, Inc. |
|
|
1,137 |
|
|
|
110,664 |
|
|
|
(6.8 |
) |
| GoDaddy, Inc., Class A |
|
|
9,591 |
|
|
|
623,703 |
|
|
|
(38.1 |
) |
| Graco, Inc. |
|
|
1,567 |
|
|
|
70,828 |
|
|
|
(4.3 |
) |
| HEICO Corp. |
|
|
12,598 |
|
|
|
1,553,837 |
|
|
|
(94.9 |
) |
| Hill-Rom Holdings, Inc. |
|
|
3,333 |
|
|
|
348,932 |
|
|
|
(21.3 |
) |
| Hologic, Inc. |
|
|
11,996 |
|
|
|
579,527 |
|
|
|
(35.4 |
) |
| Home Depot, Inc. |
|
|
1,699 |
|
|
|
398,551 |
|
|
|
(24.3 |
) |
| HubSpot, Inc. |
|
|
3,372 |
|
|
|
522,997 |
|
|
|
(31.9 |
) |
| Iberiabank Corp. |
|
|
24,643 |
|
|
|
1,808,550 |
|
|
|
(110.5 |
) |
| IDEX Corp. |
|
|
11,885 |
|
|
|
1,848,474 |
|
|
|
(112.9 |
) |
| IDEXX Laboratories, Inc. |
|
|
421 |
|
|
|
119,989 |
|
|
|
(7.3 |
) |
| Ingredion, Inc. |
|
|
1,734 |
|
|
|
136,986 |
|
|
|
(8.4 |
) |
| Insulet Corp. |
|
|
387 |
|
|
|
56,239 |
|
|
|
(3.4 |
) |
| Intuit, Inc. |
|
|
4,198 |
|
|
|
1,080,985 |
|
|
|
(66.0 |
) |
| Invesco Ltd. |
|
|
23,419 |
|
|
|
393,908 |
|
|
|
(24.1 |
) |
| j2 Global, Inc. |
|
|
347 |
|
|
|
32,951 |
|
|
|
(2.0 |
) |
| James Hardie Industries PLC |
|
|
5,370 |
|
|
|
92,225 |
|
|
|
(5.6 |
) |
| Johnson & Johnson |
|
|
9,365 |
|
|
|
1,236,555 |
|
|
|
(75.5 |
) |
| Kellogg Co. |
|
|
3,470 |
|
|
|
220,449 |
|
|
|
(13.5 |
) |
| Lam Research Corp. |
|
|
7,595 |
|
|
|
2,058,549 |
|
|
|
(125.8 |
) |
| Life Storage, Inc. |
|
|
11,226 |
|
|
|
1,222,736 |
|
|
|
(74.7 |
) |
| Live Nation Entertainment, Inc. |
|
|
7,412 |
|
|
|
522,546 |
|
|
|
(31.9 |
) |
| Lockheed Martin Corp. |
|
|
3,363 |
|
|
|
1,266,775 |
|
|
|
(77.4 |
) |
| Macy’s, Inc. |
|
|
8,063 |
|
|
|
122,235 |
|
|
|
(7.5 |
) |
| Marathon Oil Corp. |
|
|
7,055 |
|
|
|
81,344 |
|
|
|
(5.0 |
) |
| Markel Corp. |
|
|
36 |
|
|
|
42,156 |
|
|
|
(2.6 |
) |
| Match Group, Inc. |
|
|
5,261 |
|
|
|
384,000 |
|
|
|
(23.5 |
) |
| McDonald’s Corp. |
|
|
6,809 |
|
|
|
1,339,330 |
|
|
|
(81.8 |
) |
| Mercury Systems, Inc. |
|
|
336 |
|
|
|
24,750 |
|
|
|
(1.5 |
) |
| MetLife, Inc. |
|
|
8,500 |
|
|
|
397,715 |
|
|
|
(24.3 |
) |
| Microchip Technology, Inc. |
|
|
2,627 |
|
|
|
247,700 |
|
|
|
(15.1 |
) |
| Monolithic Power Systems, Inc. |
|
|
742 |
|
|
|
111,241 |
|
|
|
(6.8 |
) |
| Moody’s Corp. |
|
|
3,065 |
|
|
|
676,415 |
|
|
|
(41.3 |
) |
| Motorola Solutions, Inc. |
|
|
8,365 |
|
|
|
1,391,267 |
|
|
|
(85.0 |
) |
| MSC Industrial Direct Co., Inc., Class A |
|
|
4,565 |
|
|
|
334,204 |
|
|
|
(20.4 |
) |
| Murphy Oil Corp. |
|
|
3,615 |
|
|
|
74,577 |
|
|
|
(4.6 |
) |
| Mylan NV |
|
|
4,583 |
|
|
|
87,764 |
|
|
|
(5.4 |
) |
| National Instruments Corp. |
|
|
37,604 |
|
|
|
1,556,430 |
|
|
|
(95.1 |
) |
| NIKE, Inc., Class B |
|
|
2,765 |
|
|
|
247,606 |
|
|
|
(15.1 |
) |
| NVIDIA Corp. |
|
|
4,914 |
|
|
|
987,812 |
|
|
|
(60.3 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| United States (continued) |
|
|
|
|
|
|
|
|
|
| PacWest Bancorp |
|
|
9,088 |
|
|
$ |
336,165 |
|
|
|
(20.5 |
)% |
| Park Hotels & Resorts, Inc. |
|
|
31,999 |
|
|
|
743,977 |
|
|
|
(45.4 |
) |
| Paylocity Holding Corp. |
|
|
647 |
|
|
|
66,382 |
|
|
|
(4.1 |
) |
| Pool Corp. |
|
|
235 |
|
|
|
48,739 |
|
|
|
(3.0 |
) |
| PPG Industries, Inc. |
|
|
1,428 |
|
|
|
178,671 |
|
|
|
(10.9 |
) |
| Procter & Gamble Co. |
|
|
3,001 |
|
|
|
373,655 |
|
|
|
(22.8 |
) |
| Proofpoint, Inc. |
|
|
3,551 |
|
|
|
409,679 |
|
|
|
(25.0 |
) |
| Prudential Financial, Inc. |
|
|
5,519 |
|
|
|
503,002 |
|
|
|
(30.7 |
) |
| Q2 Holdings, Inc. |
|
|
13,289 |
|
|
|
950,031 |
|
|
|
(58.0 |
) |
| Ralph Lauren Corp. |
|
|
2,535 |
|
|
|
243,512 |
|
|
|
(14.9 |
) |
| Regal-Beloit Corp. |
|
|
12,776 |
|
|
|
946,063 |
|
|
|
(57.8 |
) |
| Regions Financial Corp. |
|
|
3,050 |
|
|
|
49,105 |
|
|
|
(3.0 |
) |
| Reliance Steel & Aluminum Co. |
|
|
804 |
|
|
|
93,296 |
|
|
|
(5.7 |
) |
| RLJ Lodging Trust |
|
|
6,213 |
|
|
|
101,955 |
|
|
|
(6.2 |
) |
| Roper Technologies, Inc. |
|
|
236 |
|
|
|
79,523 |
|
|
|
(4.9 |
) |
| Royal Gold, Inc. |
|
|
853 |
|
|
|
98,470 |
|
|
|
(6.0 |
) |
| S&P Global, Inc. |
|
|
14,327 |
|
|
|
3,696,223 |
|
|
|
(225.8 |
) |
| Scotts Miracle-Gro Co. |
|
|
930 |
|
|
|
93,363 |
|
|
|
(5.7 |
) |
| Sealed Air Corp. |
|
|
411 |
|
|
|
17,167 |
|
|
|
(1.0 |
) |
| Sherwin-Williams Co. |
|
|
1,628 |
|
|
|
931,737 |
|
|
|
(56.9 |
) |
| Silicon Laboratories, Inc. |
|
|
2,540 |
|
|
|
269,850 |
|
|
|
(16.5 |
) |
| Simon Property Group, Inc. |
|
|
10,262 |
|
|
|
1,546,278 |
|
|
|
(94.5 |
) |
| SL Green Realty Corp. |
|
|
2,275 |
|
|
|
190,190 |
|
|
|
(11.6 |
) |
| Stifel Financial Corp. |
|
|
3,707 |
|
|
|
207,518 |
|
|
|
(12.7 |
) |
| Switch, Inc., Class A |
|
|
1,090 |
|
|
|
16,099 |
|
|
|
(1.0 |
) |
| Synopsys, Inc. |
|
|
533 |
|
|
|
72,355 |
|
|
|
(4.4 |
) |
| Synovus Financial Corp. |
|
|
72,294 |
|
|
|
2,448,598 |
|
|
|
(149.6 |
) |
| Teledyne Technologies, Inc. |
|
|
11,553 |
|
|
|
3,807,869 |
|
|
|
(232.6 |
) |
| TransUnion |
|
|
1,338 |
|
|
|
110,546 |
|
|
|
(6.8 |
) |
| United Airlines Holdings, Inc. |
|
|
2,622 |
|
|
|
238,182 |
|
|
|
(14.6 |
) |
| Unum Group |
|
|
14,498 |
|
|
|
399,275 |
|
|
|
(24.4 |
) |
| Vail Resorts, Inc. |
|
|
958 |
|
|
|
222,610 |
|
|
|
(13.6 |
) |
| Veeva Systems, Inc., Class A |
|
|
2,256 |
|
|
|
319,968 |
|
|
|
(19.5 |
) |
| Verisk Analytics, Inc. |
|
|
8,372 |
|
|
|
1,211,428 |
|
|
|
(74.0 |
) |
| VF Corp. |
|
|
1,446 |
|
|
|
118,991 |
|
|
|
(7.3 |
) |
| Vulcan Materials Co. |
|
|
1,062 |
|
|
|
151,728 |
|
|
|
(9.3 |
) |
| Webster Financial Corp. |
|
|
25,057 |
|
|
|
1,105,014 |
|
|
|
(67.5 |
) |
| Westrock Co. |
|
|
23,107 |
|
|
|
863,509 |
|
|
|
(52.8 |
) |
| Wintrust Financial Corp. |
|
|
4,621 |
|
|
|
294,912 |
|
|
|
(18.0 |
) |
| Woodward, Inc. |
|
|
637 |
|
|
|
67,942 |
|
|
|
(4.2 |
) |
| Workday, Inc., Class A |
|
|
4,103 |
|
|
|
665,343 |
|
|
|
(40.6 |
) |
| XPO Logistics, Inc. |
|
|
295 |
|
|
|
22,538 |
|
|
|
(1.4 |
) |
| Yum! Brands, Inc. |
|
|
6,718 |
|
|
|
683,288 |
|
|
|
(41.7 |
) |
| Zendesk, Inc. |
|
|
744 |
|
|
|
52,564 |
|
|
|
(3.2 |
) |
| Zoetis, Inc. |
|
|
18,746 |
|
|
|
2,397,988 |
|
|
|
(146.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
81,323,447 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Long |
|
|
|
168,881,200 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Reference Entity — Short |
|
|
| Australia |
|
| Afterpay Touch Group Ltd. |
|
|
(1,612 |
) |
|
$ |
(32,001 |
) |
|
|
2.0 |
% |
| AMP Ltd. |
|
|
(65,049 |
) |
|
|
(82,192 |
) |
|
|
5.0 |
|
| Appen Ltd. |
|
|
(6,345 |
) |
|
|
(95,328 |
) |
|
|
5.8 |
|
| Atlas Arteria Ltd. |
|
|
(40,950 |
) |
|
|
(226,472 |
) |
|
|
13.8 |
|
| Iluka Resources Ltd. |
|
|
(3,803 |
) |
|
|
(24,616 |
) |
|
|
1.5 |
|
| Insurance Australia Group Ltd. |
|
|
(2,787 |
) |
|
|
(15,270 |
) |
|
|
0.9 |
|
| Lend Lease Group |
|
|
(20,771 |
) |
|
|
(268,480 |
) |
|
|
16.4 |
|
| Link Administration Holdings Ltd. |
|
|
(159,477 |
) |
|
|
(614,975 |
) |
|
|
37.6 |
|
| Mineral Resources Ltd. |
|
|
(6,492 |
) |
|
|
(63,855 |
) |
|
|
3.9 |
|
| NEXTDC Ltd. |
|
|
(487,638 |
) |
|
|
(2,155,001 |
) |
|
|
131.7 |
|
| Nufarm Ltd. |
|
|
(55,841 |
) |
|
|
(227,876 |
) |
|
|
13.9 |
|
| Orora Ltd. |
|
|
(69,549 |
) |
|
|
(148,241 |
) |
|
|
9.1 |
|
| OZ Minerals Ltd. |
|
|
(9,988 |
) |
|
|
(69,691 |
) |
|
|
4.3 |
|
| Qube Holdings Ltd. |
|
|
(54,287 |
) |
|
|
(121,717 |
) |
|
|
7.4 |
|
| Seven Group Holdings Ltd. |
|
|
(4,577 |
) |
|
|
(59,159 |
) |
|
|
3.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4,204,874 |
) |
|
|
|
|
|
|
|
|
| Belgium |
|
|
|
|
|
|
|
|
|
| Anheuser-Busch InBev NV |
|
|
(3,378 |
) |
|
|
(271,409 |
) |
|
|
16.6 |
|
| Euronav NV |
|
|
(138,716 |
) |
|
|
(1,564,372 |
) |
|
|
95.6 |
|
| KBC Groep NV |
|
|
(26,781 |
) |
|
|
(1,883,087 |
) |
|
|
115.0 |
|
| Proximus SADP |
|
|
(40,695 |
) |
|
|
(1,250,588 |
) |
|
|
76.4 |
|
| Umicore SA |
|
|
(70,601 |
) |
|
|
(2,914,410 |
) |
|
|
178.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(7,883,866 |
) |
|
|
|
|
|
|
|
|
| Bermuda |
|
|
|
|
|
|
|
|
|
| Hiscox Ltd. |
|
|
(13,292 |
) |
|
|
(256,680 |
) |
|
|
15.7 |
|
| RenaissanceRe Holdings Ltd. |
|
|
(276 |
) |
|
|
(51,662 |
) |
|
|
3.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(308,342 |
) |
|
|
|
|
|
|
|
|
| Canada |
|
|
|
|
|
|
|
|
|
| Air Canada |
|
|
(25,468 |
) |
|
|
(906,878 |
) |
|
|
55.4 |
|
| Allied Properties Real Estate Investment Trust |
|
|
(27,993 |
) |
|
|
(1,138,763 |
) |
|
|
69.6 |
|
| Bombardier, Inc., Class B |
|
|
(184,045 |
) |
|
|
(231,960 |
) |
|
|
14.2 |
|
| Cameco Corp. |
|
|
(9,836 |
) |
|
|
(87,823 |
) |
|
|
5.4 |
|
| Canadian National Railway Co. |
|
|
(62,381 |
) |
|
|
(5,579,289 |
) |
|
|
340.8 |
|
| Cenovus Energy, Inc. |
|
|
(41,211 |
) |
|
|
(351,065 |
) |
|
|
21.4 |
|
| Empire Co. Ltd., Class A |
|
|
(1,276 |
) |
|
|
(33,879 |
) |
|
|
2.1 |
|
| Great Canadian Gaming Corp. |
|
|
(18,375 |
) |
|
|
(581,203 |
) |
|
|
35.5 |
|
| Intact Financial Corp. |
|
|
(47,773 |
) |
|
|
(4,929,277 |
) |
|
|
301.1 |
|
| Inter Pipeline Ltd. |
|
|
(74,671 |
) |
|
|
(1,253,493 |
) |
|
|
76.6 |
|
| Lightspeed POS, Inc. |
|
|
(1,853 |
) |
|
|
(48,340 |
) |
|
|
3.0 |
|
| Lundin Mining Corp. |
|
|
(7,255 |
) |
|
|
(36,630 |
) |
|
|
2.2 |
|
| Metro, Inc. |
|
|
(56,887 |
) |
|
|
(2,405,744 |
) |
|
|
147.0 |
|
| Onex Corp. |
|
|
(16,663 |
) |
|
|
(979,589 |
) |
|
|
59.8 |
|
| Toromont Industries Ltd. |
|
|
(679 |
) |
|
|
(35,061 |
) |
|
|
2.1 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Canada (continued) |
|
|
|
|
|
|
|
|
|
| WestJet Airlines Ltd. |
|
|
(7,063 |
) |
|
$ |
(164,255 |
) |
|
|
10.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(18,763,249 |
) |
|
|
|
|
|
|
|
|
| Denmark |
|
|
|
|
|
|
|
|
|
| Ambu A/S, Class B |
|
|
(60,851 |
) |
|
|
(956,556 |
) |
|
|
58.4 |
|
| Novo Nordisk A/S, Class B |
|
|
(5,402 |
) |
|
|
(297,049 |
) |
|
|
18.2 |
|
| Pandora A/S |
|
|
(537 |
) |
|
|
(26,424 |
) |
|
|
1.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,280,029 |
) |
|
|
|
|
|
|
|
|
| Finland |
|
|
|
|
|
|
|
|
|
| Nokia OYJ |
|
|
(449,022 |
) |
|
|
(1,648,364 |
) |
|
|
100.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| France |
|
|
|
|
|
|
|
|
|
| AXA SA |
|
|
(29,953 |
) |
|
|
(792,892 |
) |
|
|
48.4 |
|
| Carrefour SA |
|
|
(42,836 |
) |
|
|
(729,307 |
) |
|
|
44.5 |
|
| CGG SA |
|
|
(83,447 |
) |
|
|
(194,529 |
) |
|
|
11.9 |
|
| Cie Generale des Etablissements Michelin SCA |
|
|
(4,632 |
) |
|
|
(563,979 |
) |
|
|
34.5 |
|
| Getlink SE |
|
|
(62,626 |
) |
|
|
(1,049,041 |
) |
|
|
64.1 |
|
| SOITEC |
|
|
(379 |
) |
|
|
(41,804 |
) |
|
|
2.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,371,552 |
) |
|
|
|
|
|
|
|
|
| Germany |
|
|
|
|
|
|
|
|
|
| CECONOMY AG |
|
|
(16,692 |
) |
|
|
(83,998 |
) |
|
|
5.1 |
|
| Delivery Hero SE |
|
|
(7,802 |
) |
|
|
(366,091 |
) |
|
|
22.4 |
|
| KION Group AG |
|
|
(5,572 |
) |
|
|
(370,748 |
) |
|
|
22.7 |
|
| Siemens AG |
|
|
(2,344 |
) |
|
|
(270,497 |
) |
|
|
16.5 |
|
| Siltronic AG |
|
|
(1,668 |
) |
|
|
(158,859 |
) |
|
|
9.7 |
|
| Suedzucker AG |
|
|
(2,420 |
) |
|
|
(34,826 |
) |
|
|
2.1 |
|
| TeamViewer AG |
|
|
(25,495 |
) |
|
|
(672,762 |
) |
|
|
41.1 |
|
| ThyssenKrupp AG |
|
|
(12,058 |
) |
|
|
(171,954 |
) |
|
|
10.5 |
|
| TUI AG |
|
|
(9,494 |
) |
|
|
(124,203 |
) |
|
|
7.6 |
|
| United Internet AG |
|
|
(8,639 |
) |
|
|
(260,797 |
) |
|
|
15.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,514,735 |
) |
|
|
|
|
|
|
|
|
| Hong Kong |
|
|
|
|
|
|
|
|
|
| Jardine Matheson Holdings Ltd. |
|
|
(4,600 |
) |
|
|
(262,251 |
) |
|
|
16.0 |
|
| Kerry Logistics Network Ltd. |
|
|
(21,000 |
) |
|
|
(33,506 |
) |
|
|
2.1 |
|
| SJM Holdings Ltd. |
|
|
(71,000 |
) |
|
|
(75,845 |
) |
|
|
4.6 |
|
| VTech Holdings Ltd. |
|
|
(33,800 |
) |
|
|
(296,352 |
) |
|
|
18.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(667,954 |
) |
|
|
|
|
|
|
|
|
| Ireland |
|
|
|
|
|
|
|
|
|
| CRH PLC |
|
|
(26,844 |
) |
|
|
(977,384 |
) |
|
|
59.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Israel |
|
|
|
|
|
|
|
|
|
| Azrieli Group Ltd. |
|
|
(361 |
) |
|
|
(27,825 |
) |
|
|
1.7 |
|
| Bank Hapoalim BM |
|
|
(9,780 |
) |
|
|
(78,276 |
) |
|
|
4.8 |
|
| Elbit Systems Ltd. |
|
|
(91 |
) |
|
|
(14,920 |
) |
|
|
0.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(121,021 |
) |
|
|
|
|
|
|
|
|
| Italy |
|
|
|
|
|
|
|
|
|
| Banco BPM SpA |
|
|
(367,160 |
) |
|
|
(835,789 |
) |
|
|
51.1 |
|
| Fincantieri SpA |
|
|
(77,733 |
) |
|
|
(82,027 |
) |
|
|
5.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Italy (continued) |
|
|
|
|
|
|
|
|
|
| Freni Brembo SpA |
|
|
(58,899 |
) |
|
$ |
(626,650 |
) |
|
|
38.3 |
% |
| Intesa Sanpaolo SpA |
|
|
(935,719 |
) |
|
|
(2,344,747 |
) |
|
|
143.2 |
|
| Pirelli & C SpA |
|
|
(152,743 |
) |
|
|
(882,990 |
) |
|
|
53.9 |
|
| Prada SpA |
|
|
(555,600 |
) |
|
|
(1,910,079 |
) |
|
|
116.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,682,282 |
) |
|
|
|
|
|
|
|
|
| Japan |
|
|
|
|
|
|
|
|
|
| Aeon Co. Ltd. |
|
|
(19,200 |
) |
|
|
(386,311 |
) |
|
|
23.6 |
|
| ANA Holdings, Inc. |
|
|
(6,900 |
) |
|
|
(236,935 |
) |
|
|
14.5 |
|
| Ariake Japan Co., Ltd. |
|
|
(2,400 |
) |
|
|
(186,307 |
) |
|
|
11.4 |
|
| Asics Corp. |
|
|
(14,400 |
) |
|
|
(247,224 |
) |
|
|
15.1 |
|
| Bandai Namco Holdings, Inc. |
|
|
(18,800 |
) |
|
|
(1,155,996 |
) |
|
|
70.6 |
|
| Bank of Kyoto Ltd. |
|
|
(21,500 |
) |
|
|
(850,981 |
) |
|
|
52.0 |
|
| Chugoku Bank Ltd. |
|
|
(98,900 |
) |
|
|
(966,438 |
) |
|
|
59.0 |
|
| Cosmos Pharmaceutical Corp. |
|
|
(100 |
) |
|
|
(20,651 |
) |
|
|
1.3 |
|
| Daido Steel Co. Ltd. |
|
|
(2,700 |
) |
|
|
(117,823 |
) |
|
|
7.2 |
|
| Daiwa House REIT Investment Corp. |
|
|
(21 |
) |
|
|
(61,148 |
) |
|
|
3.7 |
|
| Fujitsu Ltd. |
|
|
(2,000 |
) |
|
|
(177,258 |
) |
|
|
10.8 |
|
| GMO Payment Gateway, Inc. |
|
|
(3,500 |
) |
|
|
(257,947 |
) |
|
|
15.8 |
|
| Hachijuni Bank Ltd. |
|
|
(72,000 |
) |
|
|
(309,719 |
) |
|
|
18.9 |
|
| Hirose Electric Co. Ltd. |
|
|
(900 |
) |
|
|
(113,373 |
) |
|
|
6.9 |
|
| Hitachi Ltd. |
|
|
(3,900 |
) |
|
|
(145,558 |
) |
|
|
8.9 |
|
| Hitachi Metals Ltd. |
|
|
(9,600 |
) |
|
|
(120,483 |
) |
|
|
7.4 |
|
| Horiba Ltd. |
|
|
(300 |
) |
|
|
(20,244 |
) |
|
|
1.2 |
|
| Ibiden Co. Ltd. |
|
|
(3,500 |
) |
|
|
(80,818 |
) |
|
|
4.9 |
|
| Ichigo, Inc. |
|
|
(33,700 |
) |
|
|
(134,224 |
) |
|
|
8.2 |
|
| Iyo Bank Ltd. |
|
|
(54,500 |
) |
|
|
(287,964 |
) |
|
|
17.6 |
|
| Japan Airport Terminal Co. Ltd. |
|
|
(7,700 |
) |
|
|
(380,353 |
) |
|
|
23.2 |
|
| Japan Real Estate Investment Corp. |
|
|
(13 |
) |
|
|
(88,735 |
) |
|
|
5.4 |
|
| Justsystems Corp. |
|
|
(6,900 |
) |
|
|
(283,703 |
) |
|
|
17.3 |
|
| Kansai Mirai Financial Group, Inc. |
|
|
(42,100 |
) |
|
|
(273,901 |
) |
|
|
16.7 |
|
| Keihan Holdings Co. Ltd. |
|
|
(8,300 |
) |
|
|
(391,900 |
) |
|
|
23.9 |
|
| Keikyu Corp. |
|
|
(19,400 |
) |
|
|
(386,169 |
) |
|
|
23.6 |
|
| Keisei Electric Railway Co. Ltd. |
|
|
(10,900 |
) |
|
|
(445,651 |
) |
|
|
27.2 |
|
| Kintetsu Group Holdings Co. Ltd. |
|
|
(5,200 |
) |
|
|
(283,431 |
) |
|
|
17.3 |
|
| Koei Tecmo Holdings Co. Ltd. |
|
|
(11,700 |
) |
|
|
(269,971 |
) |
|
|
16.5 |
|
| Kusuri no Aoki Holdings Co. Ltd. |
|
|
(11,400 |
) |
|
|
(850,181 |
) |
|
|
51.9 |
|
| Kyocera Corp. |
|
|
(1,600 |
) |
|
|
(104,971 |
) |
|
|
6.4 |
|
| Kyushu Financial Group, Inc. |
|
|
(6,600 |
) |
|
|
(26,640 |
) |
|
|
1.6 |
|
| Kyushu Railway Co. |
|
|
(9,500 |
) |
|
|
(313,857 |
) |
|
|
19.2 |
|
| M3, Inc. |
|
|
(9,600 |
) |
|
|
(230,048 |
) |
|
|
14.1 |
|
| Minebea Mitsumi, Inc. |
|
|
(24,000 |
) |
|
|
(455,797 |
) |
|
|
27.8 |
|
| Murata Manufacturing Co. Ltd. |
|
|
(15,900 |
) |
|
|
(865,726 |
) |
|
|
52.9 |
|
| Nagoya Railroad Co. Ltd. |
|
|
(3,100 |
) |
|
|
(98,542 |
) |
|
|
6.0 |
|
| NET One Systems Co. Ltd. |
|
|
(900 |
) |
|
|
(24,265 |
) |
|
|
1.5 |
|
| NGK Insulators Ltd. |
|
|
(7,300 |
) |
|
|
(112,148 |
) |
|
|
6.9 |
|
| Nippon Shinyaku Co. Ltd. |
|
|
(600 |
) |
|
|
(54,130 |
) |
|
|
3.3 |
|
| Nishi-Nippon Railroad Co. Ltd. |
|
|
(3,400 |
) |
|
|
(78,888 |
) |
|
|
4.8 |
|
| NOF Corp. |
|
|
(7,900 |
) |
|
|
(266,854 |
) |
|
|
16.3 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| Nomura Real Estate Master Fund, Inc. |
|
|
(15 |
) |
|
$ |
(28,673 |
) |
|
|
1.8 |
% |
| Nomura Research Institute Ltd. |
|
|
(3,300 |
) |
|
|
(70,061 |
) |
|
|
4.3 |
|
| Obic Co. Ltd. |
|
|
(500 |
) |
|
|
(62,603 |
) |
|
|
3.8 |
|
| Odakyu Electric Railway Co. Ltd. |
|
|
(2,400 |
) |
|
|
(58,421 |
) |
|
|
3.6 |
|
| Omron Corp. |
|
|
(4,300 |
) |
|
|
(251,558 |
) |
|
|
15.4 |
|
| Orient Corp. |
|
|
(23,900 |
) |
|
|
(34,916 |
) |
|
|
2.1 |
|
| Sanrio Co. Ltd. |
|
|
(16,400 |
) |
|
|
(328,808 |
) |
|
|
20.1 |
|
| Sega Sammy Holdings, Inc. |
|
|
(1,100 |
) |
|
|
(15,480 |
) |
|
|
0.9 |
|
| Sekisui House Ltd. |
|
|
(14,400 |
) |
|
|
(310,527 |
) |
|
|
19.0 |
|
| Shiga Bank Ltd. |
|
|
(22,400 |
) |
|
|
(539,818 |
) |
|
|
33.0 |
|
| Shochiku Co. Ltd. |
|
|
(900 |
) |
|
|
(132,057 |
) |
|
|
8.1 |
|
| Square Enix Holdings Co. Ltd. |
|
|
(5,900 |
) |
|
|
(280,771 |
) |
|
|
17.2 |
|
| Stanley Electric Co. Ltd. |
|
|
(5,400 |
) |
|
|
(149,436 |
) |
|
|
9.1 |
|
| Sumco Corp. |
|
|
(1,600 |
) |
|
|
(26,577 |
) |
|
|
1.6 |
|
| Sumitomo Metal Mining Co. Ltd. |
|
|
(12,600 |
) |
|
|
(421,466 |
) |
|
|
25.7 |
|
| Sumitomo Osaka Cement Co. Ltd. |
|
|
(700 |
) |
|
|
(30,556 |
) |
|
|
1.9 |
|
| Sysmex Corp. |
|
|
(8,400 |
) |
|
|
(548,084 |
) |
|
|
33.5 |
|
| Taiyo Nippon Sanso Corp. |
|
|
(14,900 |
) |
|
|
(348,805 |
) |
|
|
21.3 |
|
| TDK Corp. |
|
|
(2,600 |
) |
|
|
(256,552 |
) |
|
|
15.7 |
|
| Tobu Railway Co. Ltd. |
|
|
(4,500 |
) |
|
|
(150,165 |
) |
|
|
9.2 |
|
| Toho Gas Co. Ltd. |
|
|
(1,800 |
) |
|
|
(70,107 |
) |
|
|
4.3 |
|
| Tokai Carbon Co. Ltd. |
|
|
(32,400 |
) |
|
|
(327,204 |
) |
|
|
20.0 |
|
| Tokyo Gas Co. Ltd. |
|
|
(1,000 |
) |
|
|
(24,411 |
) |
|
|
1.5 |
|
| Tokyu Corp. |
|
|
(1,100 |
) |
|
|
(20,805 |
) |
|
|
1.3 |
|
| Tokyu Fudosan Holdings Corp. |
|
|
(3,200 |
) |
|
|
(21,225 |
) |
|
|
1.3 |
|
| Toray Industries, Inc. |
|
|
(2,100 |
) |
|
|
(14,841 |
) |
|
|
0.9 |
|
| Toyo Suisan Kaisha Ltd. |
|
|
(3,300 |
) |
|
|
(138,946 |
) |
|
|
8.5 |
|
| United Urban Investment Corp. |
|
|
(69 |
) |
|
|
(139,203 |
) |
|
|
8.5 |
|
| USS Co. Ltd. |
|
|
(91,200 |
) |
|
|
(1,766,378 |
) |
|
|
107.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(18,731,717 |
) |
|
|
|
|
|
|
|
|
| Luxembourg |
|
|
|
|
|
|
|
|
|
| Eurofins Scientific SE |
|
|
(4,436 |
) |
|
|
(2,249,026 |
) |
|
|
137.4 |
|
| SES SA |
|
|
(34,566 |
) |
|
|
(670,058 |
) |
|
|
40.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,919,084 |
) |
|
|
|
|
|
|
|
|
| Netherlands |
|
|
|
|
|
|
|
|
|
| Altice Europe NV, Class A |
|
|
(14,550 |
) |
|
|
(83,253 |
) |
|
|
5.1 |
|
| OCI NV |
|
|
(18,096 |
) |
|
|
(406,877 |
) |
|
|
24.8 |
|
| SBM Offshore NV |
|
|
(7,015 |
) |
|
|
(120,977 |
) |
|
|
7.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(611,107 |
) |
|
|
|
|
|
|
|
|
| New Zealand |
|
|
|
|
|
|
|
|
|
| a2 Milk Co. Ltd. |
|
|
(38,548 |
) |
|
|
(318,432 |
) |
|
|
19.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Norway |
|
|
|
|
|
|
|
|
|
| Mowi ASA |
|
|
(12,274 |
) |
|
|
(299,632 |
) |
|
|
18.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Singapore |
|
|
|
|
|
|
|
|
|
| Mapletree Logistics Trust |
|
|
(1,484,000 |
) |
|
|
(1,831,708 |
) |
|
|
111.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Sweden |
|
|
|
|
|
|
|
|
|
| Electrolux AB, Series B |
|
|
(38,229 |
) |
|
$ |
(1,005,091 |
) |
|
|
61.4 |
% |
| Skandinaviska Enskilda Banken AB, Class A |
|
|
(5,586 |
) |
|
|
(53,577 |
) |
|
|
3.3 |
|
| Skanska AB, -B Shares |
|
|
(49,981 |
) |
|
|
(1,064,937 |
) |
|
|
65.0 |
|
| Svenska Cellulosa AB SCA, Class B |
|
|
(98,353 |
) |
|
|
(1,003,607 |
) |
|
|
61.3 |
|
| Svenska Handelsbanken AB, -A Shares |
|
|
(39,239 |
) |
|
|
(393,795 |
) |
|
|
24.1 |
|
| Telia Co. AB |
|
|
(37,232 |
) |
|
|
(163,780 |
) |
|
|
10.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,684,787 |
) |
|
|
|
|
|
|
|
|
| Switzerland |
|
|
|
|
|
|
|
|
|
| Baloise Holding AG |
|
|
(3,429 |
) |
|
|
(634,205 |
) |
|
|
38.7 |
|
| EMS-Chemie Holding AG |
|
|
(334 |
) |
|
|
(209,251 |
) |
|
|
12.8 |
|
| Georg Fischer AG, Registered Shares |
|
|
(913 |
) |
|
|
(871,962 |
) |
|
|
53.3 |
|
| Helvetia Holding AG, Registered Share |
|
|
(691 |
) |
|
|
(97,063 |
) |
|
|
5.9 |
|
| Lonza Group AG, Registered Shares |
|
|
(2,789 |
) |
|
|
(1,005,246 |
) |
|
|
61.4 |
|
| SGS SA, Registered Shares |
|
|
(467 |
) |
|
|
(1,217,985 |
) |
|
|
74.4 |
|
| Stadler Rail AG |
|
|
(29,483 |
) |
|
|
(1,432,159 |
) |
|
|
87.5 |
|
| STMicroelectronics NV |
|
|
(18,850 |
) |
|
|
(427,825 |
) |
|
|
26.1 |
|
| Swatch Group AG, Registered Shares |
|
|
(12,545 |
) |
|
|
(673,496 |
) |
|
|
41.2 |
|
| Swiss Life Holding AG |
|
|
(830 |
) |
|
|
(415,678 |
) |
|
|
25.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,984,870 |
) |
|
|
|
|
|
|
|
|
| United Kingdom |
|
|
|
|
|
|
|
|
|
| ASOS PLC |
|
|
(5,237 |
) |
|
|
(240,740 |
) |
|
|
14.7 |
|
| AVEVA Group PLC |
|
|
(519 |
) |
|
|
(28,122 |
) |
|
|
1.7 |
|
| Barclays PLC |
|
|
(378,126 |
) |
|
|
(820,182 |
) |
|
|
50.1 |
|
| CNH Industrial NV |
|
|
(50,850 |
) |
|
|
(553,637 |
) |
|
|
33.8 |
|
| Derwent London PLC |
|
|
(5,277 |
) |
|
|
(242,663 |
) |
|
|
14.8 |
|
| Domino’s Pizza Group PLC |
|
|
(156,084 |
) |
|
|
(578,393 |
) |
|
|
35.3 |
|
| Hays PLC |
|
|
(153,017 |
) |
|
|
(311,400 |
) |
|
|
19.0 |
|
| IMI PLC |
|
|
(1,768 |
) |
|
|
(22,991 |
) |
|
|
1.4 |
|
| Legal & General Group PLC |
|
|
(366,926 |
) |
|
|
(1,254,277 |
) |
|
|
76.6 |
|
| Melrose Industries PLC |
|
|
(87,342 |
) |
|
|
(241,386 |
) |
|
|
14.7 |
|
| Phoenix Group Holdings PLC |
|
|
(176,215 |
) |
|
|
(1,609,571 |
) |
|
|
98.3 |
|
| Quilter PLC |
|
|
(137,096 |
) |
|
|
(243,250 |
) |
|
|
14.9 |
|
| Reckitt Benckiser Group PLC |
|
|
(1,766 |
) |
|
|
(136,656 |
) |
|
|
8.4 |
|
| RELX PLC |
|
|
(99,372 |
) |
|
|
(2,391,184 |
) |
|
|
146.1 |
|
| Rolls-Royce Group PLC |
|
|
(1,180,360 |
) |
|
|
(1,529 |
) |
|
|
0.1 |
|
| Rolls Royce Holdings PLC |
|
|
(25,660 |
) |
|
|
(236,117 |
) |
|
|
14.4 |
|
| Schroders PLC |
|
|
(6,195 |
) |
|
|
(248,354 |
) |
|
|
15.2 |
|
| Segro PLC |
|
|
(60,877 |
) |
|
|
(665,952 |
) |
|
|
40.7 |
|
| St. James’s Place PLC |
|
|
(149,994 |
) |
|
|
(2,023,128 |
) |
|
|
123.6 |
|
| Standard Life Aberdeen PLC |
|
|
(276,852 |
) |
|
|
(1,088,489 |
) |
|
|
66.5 |
|
| Travis Perkins PLC |
|
|
(15,387 |
) |
|
|
(285,800 |
) |
|
|
17.5 |
|
| Weir Group PLC |
|
|
(56,675 |
) |
|
|
(989,944 |
) |
|
|
60.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(14,213,765 |
) |
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| United States |
|
|
|
|
|
|
|
|
|
| ABIOMED, Inc. |
|
|
(309 |
) |
|
$ |
(64,142 |
) |
|
|
3.9 |
% |
| Aflac, Inc. |
|
|
(16,864 |
) |
|
|
(896,490 |
) |
|
|
54.8 |
|
| Alteryx, Inc., Class A |
|
|
(292 |
) |
|
|
(26,718 |
) |
|
|
1.6 |
|
| American Airlines Group, Inc. |
|
|
(7,252 |
) |
|
|
(217,995 |
) |
|
|
13.3 |
|
| American Electric Power Co., Inc. |
|
|
(1,893 |
) |
|
|
(178,680 |
) |
|
|
10.9 |
|
| American Homes 4 Rent |
|
|
(3,789 |
) |
|
|
(100,295 |
) |
|
|
6.1 |
|
| Ameriprise Financial, Inc. |
|
|
(1,271 |
) |
|
|
(191,781 |
) |
|
|
11.7 |
|
| Anthem, Inc. |
|
|
(483 |
) |
|
|
(129,966 |
) |
|
|
7.9 |
|
| Appian Corp. |
|
|
(2,729 |
) |
|
|
(121,823 |
) |
|
|
7.4 |
|
| Archer-Daniels-Midland Co. |
|
|
(91,100 |
) |
|
|
(3,829,844 |
) |
|
|
234.0 |
|
| Arconic, Inc. |
|
|
(14,226 |
) |
|
|
(390,788 |
) |
|
|
23.9 |
|
| Arista Networks, Inc. |
|
|
(433 |
) |
|
|
(105,899 |
) |
|
|
6.5 |
|
| Assurant, Inc. |
|
|
(219 |
) |
|
|
(27,609 |
) |
|
|
1.7 |
|
| Avalonbay Communities, Inc. |
|
|
(874 |
) |
|
|
(190,235 |
) |
|
|
11.6 |
|
| Avantor, Inc. |
|
|
(20,774 |
) |
|
|
(295,199 |
) |
|
|
18.0 |
|
| Baxter International, Inc. |
|
|
(9,840 |
) |
|
|
(754,728 |
) |
|
|
46.1 |
|
| Best Buy Co., Inc. |
|
|
(4,243 |
) |
|
|
(304,775 |
) |
|
|
18.6 |
|
| Caterpillar, Inc. |
|
|
(4,785 |
) |
|
|
(659,373 |
) |
|
|
40.3 |
|
| CDK Global, Inc. |
|
|
(10,771 |
) |
|
|
(544,366 |
) |
|
|
33.3 |
|
| Cheniere Energy, Inc. |
|
|
(41,312 |
) |
|
|
(2,542,754 |
) |
|
|
155.3 |
|
| Chewy, Inc., Class A |
|
|
(29,420 |
) |
|
|
(725,791 |
) |
|
|
44.3 |
|
| Cigna Corp. |
|
|
(2,746 |
) |
|
|
(490,051 |
) |
|
|
29.9 |
|
| Cimarex Energy Co. |
|
|
(10,207 |
) |
|
|
(430,940 |
) |
|
|
26.3 |
|
| Cloudflare, Inc., Class A |
|
|
(62,300 |
) |
|
|
(1,049,132 |
) |
|
|
64.1 |
|
| CMS Energy Corp. |
|
|
(16,415 |
) |
|
|
(1,049,247 |
) |
|
|
64.1 |
|
| Consolidated Edison, Inc. |
|
|
(1,829 |
) |
|
|
(168,670 |
) |
|
|
10.3 |
|
| Corning, Inc. |
|
|
(4,791 |
) |
|
|
(141,957 |
) |
|
|
8.7 |
|
| Coty, Inc., Class A |
|
|
(21,087 |
) |
|
|
(246,507 |
) |
|
|
15.1 |
|
| Cree, Inc. |
|
|
(1,818 |
) |
|
|
(86,773 |
) |
|
|
5.3 |
|
| Crowdstrike Holdings, Inc., Class A |
|
|
(5,677 |
) |
|
|
(283,339 |
) |
|
|
17.3 |
|
| Cummins, Inc. |
|
|
(2,381 |
) |
|
|
(410,675 |
) |
|
|
25.1 |
|
| Datadog, Inc., Class A |
|
|
(15,851 |
) |
|
|
(532,435 |
) |
|
|
32.5 |
|
| Dentsply Sirona, Inc. |
|
|
(174 |
) |
|
|
(9,532 |
) |
|
|
0.6 |
|
| Diamondback Energy, Inc. |
|
|
(654 |
) |
|
|
(56,087 |
) |
|
|
3.4 |
|
| Domino’s Pizza, Inc. |
|
|
(157 |
) |
|
|
(42,644 |
) |
|
|
2.6 |
|
| Dow Inc. |
|
|
(2,865 |
) |
|
|
(144,654 |
) |
|
|
8.8 |
|
| Duke Realty Corp. |
|
|
(1,261 |
) |
|
|
(44,312 |
) |
|
|
2.7 |
|
| Edison International |
|
|
(3,072 |
) |
|
|
(193,229 |
) |
|
|
11.8 |
|
| Eldorado Resorts, Inc. |
|
|
(361 |
) |
|
|
(16,162 |
) |
|
|
1.0 |
|
| Element Solutions, Inc. |
|
|
(12,648 |
) |
|
|
(137,357 |
) |
|
|
8.4 |
|
| Eli Lilly & Co. |
|
|
(6,850 |
) |
|
|
(780,558 |
) |
|
|
47.7 |
|
| Enphase Energy, Inc. |
|
|
(11,753 |
) |
|
|
(228,361 |
) |
|
|
14.0 |
|
| Entergy Corp. |
|
|
(12,080 |
) |
|
|
(1,467,478 |
) |
|
|
89.6 |
|
| Equity Residential |
|
|
(4,710 |
) |
|
|
(417,589 |
) |
|
|
25.5 |
|
| Erie Indemnity Co., Class A |
|
|
(177 |
) |
|
|
(32,616 |
) |
|
|
2.0 |
|
| Everbridge, Inc. |
|
|
(1,952 |
) |
|
|
(135,684 |
) |
|
|
8.3 |
|
| Eversource Energy |
|
|
(10,162 |
) |
|
|
(850,966 |
) |
|
|
52.0 |
|
| Fastenal Co. |
|
|
(59,412 |
) |
|
|
(2,135,267 |
) |
|
|
130.4 |
|
| Federal Realty Investment Trust |
|
|
(2,714 |
) |
|
|
(369,131 |
) |
|
|
22.5 |
|
| FireEye, Inc. |
|
|
(19,670 |
) |
|
|
(311,573 |
) |
|
|
19.0 |
|
| First Republic Bank |
|
|
(6,715 |
) |
|
|
(714,207 |
) |
|
|
43.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| United States (continued) |
|
|
|
|
|
|
|
|
|
| First Solar, Inc. |
|
|
(3,303 |
) |
|
$ |
(171,062 |
) |
|
|
10.5 |
% |
| FirstEnergy Corp. |
|
|
(2,532 |
) |
|
|
(122,346 |
) |
|
|
7.5 |
|
| Flex Ltd. |
|
|
(23,097 |
) |
|
|
(271,390 |
) |
|
|
16.6 |
|
| Fox Corp., Class A |
|
|
(16,018 |
) |
|
|
(513,217 |
) |
|
|
31.4 |
|
| Fox Corp., Class B |
|
|
(29,987 |
) |
|
|
(936,794 |
) |
|
|
57.2 |
|
| GCI Liberty, Inc., Class A |
|
|
(9,347 |
) |
|
|
(654,103 |
) |
|
|
40.0 |
|
| Grocery Outlet Holding Corp. |
|
|
(3,713 |
) |
|
|
(118,445 |
) |
|
|
7.2 |
|
| Guardant Health, Inc. |
|
|
(11,327 |
) |
|
|
(787,227 |
) |
|
|
48.1 |
|
| Healthcare Trust of America, Inc., Class A |
|
|
(7,059 |
) |
|
|
(218,829 |
) |
|
|
13.4 |
|
| Hewlett Packard Enterprise Co. |
|
|
(38,104 |
) |
|
|
(625,287 |
) |
|
|
38.2 |
|
| Howard Hughes Corp. |
|
|
(1,339 |
) |
|
|
(149,727 |
) |
|
|
9.1 |
|
| Huntington Ingalls Industries, Inc. |
|
|
(2,516 |
) |
|
|
(567,761 |
) |
|
|
34.7 |
|
| Hyatt Hotels Corp., Class A |
|
|
(20,169 |
) |
|
|
(1,507,431 |
) |
|
|
92.1 |
|
| IAA, Inc. |
|
|
(11,166 |
) |
|
|
(425,983 |
) |
|
|
26.0 |
|
| Iridium Communications, Inc. |
|
|
(18,110 |
) |
|
|
(443,152 |
) |
|
|
27.1 |
|
| Jabil Circuit, Inc. |
|
|
(5,105 |
) |
|
|
(187,966 |
) |
|
|
11.5 |
|
| JBG SMITH Properties |
|
|
(88,551 |
) |
|
|
(3,565,063 |
) |
|
|
217.8 |
|
| JPMorgan Chase & Co. |
|
|
(1,752 |
) |
|
|
(218,860 |
) |
|
|
13.4 |
|
| Kinder Morgan, Inc. |
|
|
(77,136 |
) |
|
|
(1,541,177 |
) |
|
|
94.1 |
|
| Liberty Broadband Corp. |
|
|
(8,762 |
) |
|
|
(1,034,529 |
) |
|
|
63.2 |
|
| Liberty Media Corp-Liberty Formula One, Class C |
|
|
(4,589 |
) |
|
|
(195,032 |
) |
|
|
11.9 |
|
| Liberty Media Corp-Liberty SiriusXM |
|
|
(2,304 |
) |
|
|
(104,118 |
) |
|
|
6.4 |
|
| LiveRamp Holdings, Inc. |
|
|
(5,897 |
) |
|
|
(230,514 |
) |
|
|
14.1 |
|
| Loews Corp. |
|
|
(650 |
) |
|
|
(31,850 |
) |
|
|
1.9 |
|
| Louisiana-Pacific Corp. |
|
|
(2,292 |
) |
|
|
(66,995 |
) |
|
|
4.1 |
|
| LPL Financial Holdings, Inc. |
|
|
(8,634 |
) |
|
|
(697,973 |
) |
|
|
42.6 |
|
| Madison Square Garden Co., Class A |
|
|
(1,299 |
) |
|
|
(346,729 |
) |
|
|
21.2 |
|
| Magnolia Oil & Gas Corp., Class A |
|
|
(6,099 |
) |
|
|
(59,892 |
) |
|
|
3.7 |
|
| Marriott Vacations Worldwide Corp. |
|
|
(864 |
) |
|
|
(94,980 |
) |
|
|
5.8 |
|
| McKesson Corp. |
|
|
(5,235 |
) |
|
|
(696,255 |
) |
|
|
42.5 |
|
| Micron Technology, Inc. |
|
|
(6,522 |
) |
|
|
(310,121 |
) |
|
|
18.9 |
|
| Mid-America Apartment Communities, Inc. |
|
|
(1,896 |
) |
|
|
(263,525 |
) |
|
|
16.1 |
|
| MKS Instruments, Inc. |
|
|
(222 |
) |
|
|
(24,025 |
) |
|
|
1.5 |
|
| Molina Healthcare, Inc. |
|
|
(3,787 |
) |
|
|
(445,503 |
) |
|
|
27.2 |
|
| Monster Beverage Corp. |
|
|
(952 |
) |
|
|
(53,436 |
) |
|
|
3.3 |
|
| New York Times Co. |
|
|
(1,849 |
) |
|
|
(57,134 |
) |
|
|
3.5 |
|
| Newell Brands, Inc. |
|
|
(6,954 |
) |
|
|
(131,917 |
) |
|
|
8.1 |
|
| Newmont Mining Corp. |
|
|
(105,641 |
) |
|
|
(4,197,117 |
) |
|
|
256.4 |
|
| NextEra Energy, Inc. |
|
|
(1,166 |
) |
|
|
(277,904 |
) |
|
|
17.0 |
|
| Norfolk Southern Corp. |
|
|
(7,266 |
) |
|
|
(1,322,412 |
) |
|
|
80.8 |
|
| Nutanix, Inc., Class A |
|
|
(3,544 |
) |
|
|
(103,556 |
) |
|
|
6.3 |
|
| Okta, Inc. |
|
|
(1,376 |
) |
|
|
(150,080 |
) |
|
|
9.2 |
|
| ONE Gas, Inc. |
|
|
(543 |
) |
|
|
(50,412 |
) |
|
|
3.1 |
|
| ONEOK, Inc. |
|
|
(2,151 |
) |
|
|
(150,204 |
) |
|
|
9.2 |
|
| Parker-Hannifin Corp. |
|
|
(368 |
) |
|
|
(67,524 |
) |
|
|
4.1 |
|
| Peloton Interactive, Inc., Class A |
|
|
(9,157 |
) |
|
|
(218,578 |
) |
|
|
13.4 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Penumbra, Inc. |
|
|
(160 |
) |
|
$ |
(24,955 |
) |
|
|
1.5 |
% |
| Perspecta, Inc. |
|
|
(738 |
) |
|
|
(19,587 |
) |
|
|
1.2 |
|
| Pioneer Natural Resources Co. |
|
|
(5,671 |
) |
|
|
(697,646 |
) |
|
|
42.6 |
|
| Pluralsight, Inc., Class A |
|
|
(1,078 |
) |
|
|
(19,490 |
) |
|
|
1.2 |
|
| Post Holdings, Inc. |
|
|
(887 |
) |
|
|
(91,272 |
) |
|
|
5.6 |
|
| Premier, Inc., Class A |
|
|
(1,470 |
) |
|
|
(47,893 |
) |
|
|
2.9 |
|
| Primerica, Inc. |
|
|
(3,295 |
) |
|
|
(415,763 |
) |
|
|
25.4 |
|
| Public Service Enterprise Group, Inc. |
|
|
(21,641 |
) |
|
|
(1,370,092 |
) |
|
|
83.7 |
|
| Quanta Services, Inc. |
|
|
(19,296 |
) |
|
|
(811,397 |
) |
|
|
49.6 |
|
| Realty Income Corp. |
|
|
(5,324 |
) |
|
|
(435,450 |
) |
|
|
26.6 |
|
| Reliance Worldwide Corp. Ltd. |
|
|
(184,945 |
) |
|
|
(538,166 |
) |
|
|
32.9 |
|
| Republic Services, Inc. |
|
|
(810 |
) |
|
|
(70,883 |
) |
|
|
4.3 |
|
| Rexford Industrial Realty, Inc. |
|
|
(6,149 |
) |
|
|
(295,705 |
) |
|
|
18.1 |
|
| Rollins, Inc. |
|
|
(5,128 |
) |
|
|
(195,428 |
) |
|
|
11.9 |
|
| Sanderson Farms, Inc. |
|
|
(9,667 |
) |
|
|
(1,496,548 |
) |
|
|
91.4 |
|
| Santander Consumer USA Holdings, Inc. |
|
|
(8,681 |
) |
|
|
(217,719 |
) |
|
|
13.3 |
|
| Service Properties Trust |
|
|
(1,156 |
) |
|
|
(29,247 |
) |
|
|
1.8 |
|
| Skyworks Solutions, Inc. |
|
|
(9,386 |
) |
|
|
(854,689 |
) |
|
|
52.2 |
|
| SLM Corp. |
|
|
(53,109 |
) |
|
|
(448,240 |
) |
|
|
27.4 |
|
| SmileDirectClub, Inc. |
|
|
(189,830 |
) |
|
|
(2,220,062 |
) |
|
|
135.6 |
|
| Southern Co. |
|
|
(310 |
) |
|
|
(19,425 |
) |
|
|
1.2 |
|
| Stericycle, Inc. |
|
|
(19,310 |
) |
|
|
(1,112,256 |
) |
|
|
67.9 |
|
| Store Capital Corp. |
|
|
(5,605 |
) |
|
|
(227,002 |
) |
|
|
13.9 |
|
| Sun Communities, Inc. |
|
|
(15,801 |
) |
|
|
(2,570,033 |
) |
|
|
157.0 |
|
| SYNNEX Corp. |
|
|
(371 |
) |
|
|
(43,682 |
) |
|
|
2.7 |
|
| T Rowe Price Group, Inc. |
|
|
(514 |
) |
|
|
(59,521 |
) |
|
|
3.6 |
|
| T-Mobile U.S., Inc. |
|
|
(5,131 |
) |
|
|
(424,128 |
) |
|
|
25.9 |
|
| Tandem Diabetes Care, Inc. |
|
|
(2,316 |
) |
|
|
(142,619 |
) |
|
|
8.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Toro Co. |
|
|
(432 |
) |
|
$ |
(33,320 |
) |
|
|
2.0 |
% |
| Trade Desk, Inc., Class A |
|
|
(2,219 |
) |
|
|
(445,575 |
) |
|
|
27.2 |
|
| Tradeweb Markets, Inc., Class A |
|
|
(13,700 |
) |
|
|
(571,975 |
) |
|
|
34.9 |
|
| TreeHouse Foods, Inc. |
|
|
(1,856 |
) |
|
|
(100,261 |
) |
|
|
6.1 |
|
| Trinity Industries, Inc. |
|
|
(2,333 |
) |
|
|
(46,147 |
) |
|
|
2.8 |
|
| Ubiquiti, Inc. |
|
|
(7,302 |
) |
|
|
(924,360 |
) |
|
|
56.5 |
|
| Under Armour, Inc., Class C |
|
|
(3,242 |
) |
|
|
(59,977 |
) |
|
|
3.7 |
|
| Universal Display Corp. |
|
|
(618 |
) |
|
|
(123,711 |
) |
|
|
7.6 |
|
| Urban Outfitters, Inc. |
|
|
(1,525 |
) |
|
|
(43,767 |
) |
|
|
2.7 |
|
| Ventas, Inc. |
|
|
(1,186 |
) |
|
|
(77,209 |
) |
|
|
4.7 |
|
| VEREIT, Inc. |
|
|
(46,627 |
) |
|
|
(458,810 |
) |
|
|
28.0 |
|
| Vishay Intertechnology, Inc. |
|
|
(9,342 |
) |
|
|
(188,241 |
) |
|
|
11.5 |
|
| Vistra Energy Corp. |
|
|
(10,121 |
) |
|
|
(273,571 |
) |
|
|
16.7 |
|
| Walmart, Inc. |
|
|
(6,699 |
) |
|
|
(785,525 |
) |
|
|
48.0 |
|
| Waste Management, Inc. |
|
|
(5,130 |
) |
|
|
(575,637 |
) |
|
|
35.2 |
|
| Weyerhaeuser Co. |
|
|
(28,273 |
) |
|
|
(825,854 |
) |
|
|
50.4 |
|
| Wyndham Hotels & Resorts, Inc. |
|
|
(2,269 |
) |
|
|
(122,458 |
) |
|
|
7.5 |
|
| Wynn Resorts Ltd. |
|
|
(6,541 |
) |
|
|
(793,685 |
) |
|
|
48.5 |
|
| Xerox Holdings Corp. |
|
|
(8,095 |
) |
|
|
(274,663 |
) |
|
|
16.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(71,308,163 |
) |
|
|
|
|
|
| Zambia |
|
| First Quantum Minerals Ltd. |
|
|
(140,972 |
) |
|
|
(1,191,268 |
) |
|
|
72.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Short |
|
|
|
(170,518,185 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Value of Reference Entity — Bank of America, N.A. |
|
|
$ |
(1,636,985 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
The following table represents the individual long positions and related values of the equity securities underlying the
total return swap with Bank of America, N.A. as of October 31, 2019 expiration dates 02/17/23:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Reference Entity — Long |
|
|
| United States |
|
| MEDIA GEN, Inc. CVR |
|
|
3,231 |
|
|
$ |
— |
|
|
|
0.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Long |
|
|
|
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Value of Reference Entity — Bank of America, N.A. |
|
|
|
|
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 October 31, 2019 expiration dates 01/30/23 — 02/23/23:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Reference Entity — Long |
|
|
| Denmark |
|
| SimCorp A/S |
|
|
2,548 |
|
|
$ |
227,989 |
|
|
|
41.2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| France |
|
| Lagardere SCA |
|
|
4,703 |
|
|
|
105,091 |
|
|
|
19.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Germany |
|
| Solarworld AG |
|
|
10 |
|
|
|
1 |
|
|
|
0.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Japan |
|
| Lintec Corp. |
|
|
14,600 |
|
|
|
306,641 |
|
|
|
55.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Long |
|
|
|
639,722 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reference Entity — Short |
|
|
| Japan |
|
| Toho Gas Co. Ltd. |
|
|
(2,200 |
) |
|
|
(85,687 |
) |
|
|
(15.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Short |
|
|
|
(85,687 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Value of Reference Entity — Deutsche Bank A.G. |
|
|
|
|
|
$ |
554,035 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
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 October 31, 2019 expiration dates 09/11/29 — 02/28/23:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Reference Entity — Long |
|
|
|
|
|
| Argentina |
|
|
|
|
|
|
|
|
|
| MercadoLibre, Inc. |
|
|
270 |
|
|
$ |
140,810 |
|
|
|
(18.6 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Australia |
|
|
|
|
|
|
|
|
|
| Adelaide Brighton Ltd. |
|
|
115,256 |
|
|
|
244,796 |
|
|
|
(32.3 |
) |
| AGL Energy Ltd. |
|
|
1,626 |
|
|
|
22,196 |
|
|
|
(2.9 |
) |
| ALS Ltd. |
|
|
10,685 |
|
|
|
59,425 |
|
|
|
(7.9 |
) |
| Ansell Ltd. |
|
|
20,999 |
|
|
|
399,333 |
|
|
|
(52.8 |
) |
| Aristocrat Leisure Ltd. |
|
|
171,056 |
|
|
|
3,729,881 |
|
|
|
(492.8 |
) |
| AusNet Services |
|
|
151,239 |
|
|
|
193,188 |
|
|
|
(25.5 |
) |
| Challenger Ltd. |
|
|
44,888 |
|
|
|
246,198 |
|
|
|
(32.5 |
) |
| Cochlear Ltd. |
|
|
3,084 |
|
|
|
449,925 |
|
|
|
(59.5 |
) |
| Domino’s Pizza Enterprises Ltd. |
|
|
23,019 |
|
|
|
809,849 |
|
|
|
(107.0 |
) |
| IDP Education Ltd. |
|
|
64,269 |
|
|
|
787,749 |
|
|
|
(104.1 |
) |
| Macquarie Group Ltd. |
|
|
3,020 |
|
|
|
278,859 |
|
|
|
(36.8 |
) |
| Magellan Financial Group Ltd. |
|
|
15,637 |
|
|
|
518,647 |
|
|
|
(68.5 |
) |
| Oil Search Ltd. |
|
|
187,949 |
|
|
|
927,582 |
|
|
|
(122.6 |
) |
| REA Group Ltd. |
|
|
2,588 |
|
|
|
194,228 |
|
|
|
(25.7 |
) |
| Scentre Group |
|
|
151,892 |
|
|
|
401,321 |
|
|
|
(53.0 |
) |
| Spark Infrastructure Group |
|
|
95,086 |
|
|
|
132,600 |
|
|
|
(17.5 |
) |
| Treasury Wine Estates Ltd. |
|
|
1,173 |
|
|
|
14,220 |
|
|
|
(1.9 |
) |
| WiseTech Global Ltd. |
|
|
1,506 |
|
|
|
27,046 |
|
|
|
(3.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,437,043 |
|
|
|
|
|
|
|
|
|
| Austria |
|
|
|
|
|
|
|
|
|
| Vienna Insurance Group AG Wiener Versicherung Gruppe |
|
|
11,062 |
|
|
|
299,800 |
|
|
|
(39.6 |
) |
| Wienerberger AG |
|
|
56,935 |
|
|
|
1,542,117 |
|
|
|
(203.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,841,917 |
|
|
|
|
|
|
|
|
|
| Belgium |
|
|
|
|
|
|
|
|
|
| Groupe Bruxelles Lambert SA |
|
|
28,311 |
|
|
|
2,844,005 |
|
|
|
(375.8 |
) |
| UCB SA |
|
|
23,467 |
|
|
|
1,891,412 |
|
|
|
(249.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,735,417 |
|
|
|
|
|
|
|
|
|
| Canada |
|
|
|
|
|
|
|
|
|
| BCE, Inc. |
|
|
22,489 |
|
|
|
1,066,823 |
|
|
|
(141.0 |
) |
| CCL Industries, Inc., Class B |
|
|
1,743 |
|
|
|
71,739 |
|
|
|
(9.5 |
) |
| FirstService Corp. |
|
|
724 |
|
|
|
63,193 |
|
|
|
(8.4 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Canada (continued) |
|
| Franco-Nevada Corp. |
|
|
7,853 |
|
|
$ |
761,987 |
|
|
|
(100.7 |
)% |
| Nutrien Ltd. |
|
|
12,110 |
|
|
|
579,342 |
|
|
|
(76.5 |
) |
| Quebecor, Inc., Class B |
|
|
35,566 |
|
|
|
826,840 |
|
|
|
(109.3 |
) |
| Restaurant Brands International, Inc. |
|
|
31,641 |
|
|
|
2,070,082 |
|
|
|
(273.5 |
) |
| Rogers Communications, Inc., Class B |
|
|
23,250 |
|
|
|
1,094,626 |
|
|
|
(144.6 |
) |
| Shopify, Inc., Class A |
|
|
930 |
|
|
|
291,618 |
|
|
|
(38.5 |
) |
| Teck Resources Ltd., Class B |
|
|
23,662 |
|
|
|
374,036 |
|
|
|
(49.4 |
) |
| TELUS Corp. |
|
|
189,428 |
|
|
|
6,738,062 |
|
|
|
(890.3 |
) |
| TFI International, Inc. |
|
|
8,654 |
|
|
|
275,764 |
|
|
|
(36.4 |
) |
| Toronto-Dominion Bank |
|
|
57,422 |
|
|
|
3,278,953 |
|
|
|
(433.3 |
) |
| Whitecap Resources, Inc. |
|
|
4,323 |
|
|
|
12,046 |
|
|
|
(1.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,505,111 |
|
|
|
|
|
|
| Chile |
|
| Antofagasta PLC |
|
|
2,859 |
|
|
|
32,200 |
|
|
|
(4.2 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denmark |
|
| AP Moeller — Maersk A/S, Class B |
|
|
669 |
|
|
|
853,378 |
|
|
|
(112.7 |
) |
| Chr Hansen Holding A/S |
|
|
10,852 |
|
|
|
833,170 |
|
|
|
(110.1 |
) |
| FLSmidth & Co. A/S |
|
|
4,582 |
|
|
|
164,234 |
|
|
|
(21.7 |
) |
| GN Store Nord A/S |
|
|
14,917 |
|
|
|
656,243 |
|
|
|
(86.7 |
) |
| H Lundbeck A/S |
|
|
4,587 |
|
|
|
156,740 |
|
|
|
(20.7 |
) |
| ISS A/S |
|
|
714 |
|
|
|
18,693 |
|
|
|
(2.5 |
) |
| Rockwool International A/S, -B Shares |
|
|
431 |
|
|
|
84,708 |
|
|
|
(11.2 |
) |
| SimCorp A/S |
|
|
2,306 |
|
|
|
206,336 |
|
|
|
(27.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,973,502 |
|
|
|
|
|
|
| Finland |
|
| Kone OYJ, Class B |
|
|
59,050 |
|
|
|
3,760,056 |
|
|
|
(496.8 |
) |
| Wartsila OYJ Abp |
|
|
32,015 |
|
|
|
338,230 |
|
|
|
(44.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,098,286 |
|
|
|
|
|
|
| France |
|
| Alten SA |
|
|
2,901 |
|
|
|
319,116 |
|
|
|
(42.2 |
) |
| Engie SA |
|
|
13,852 |
|
|
|
231,660 |
|
|
|
(30.6 |
) |
| Gaztransport Et Technigaz SA |
|
|
2,364 |
|
|
|
215,688 |
|
|
|
(28.5 |
) |
| Imerys SA |
|
|
9,631 |
|
|
|
372,033 |
|
|
|
(49.2 |
) |
| Lagardere SCA |
|
|
35,014 |
|
|
|
782,407 |
|
|
|
(103.4 |
) |
| LVMH Moet Hennessy Louis Vuitton SE |
|
|
15,498 |
|
|
|
6,618,508 |
|
|
|
(874.5 |
) |
| Nexity SA |
|
|
6,993 |
|
|
|
361,945 |
|
|
|
(47.8 |
) |
| Pernod Ricard SA |
|
|
21,816 |
|
|
|
4,030,137 |
|
|
|
(532.5 |
) |
| Publicis Groupe SA |
|
|
9,870 |
|
|
|
424,790 |
|
|
|
(56.1 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| France (continued) |
|
| Rexel SA |
|
|
6,004 |
|
|
$ |
74,435 |
|
|
|
(9.8 |
)% |
| Safran SA |
|
|
17,955 |
|
|
|
2,843,890 |
|
|
|
(375.8 |
) |
| SCOR SE |
|
|
11,098 |
|
|
|
468,104 |
|
|
|
(61.8 |
) |
| Teleperformance |
|
|
6,295 |
|
|
|
1,428,231 |
|
|
|
(188.7 |
) |
| TOTAL SA |
|
|
61,895 |
|
|
|
3,272,277 |
|
|
|
(432.4 |
) |
| Veolia Environnement SA |
|
|
33,808 |
|
|
|
889,953 |
|
|
|
(117.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22,333,174 |
|
|
|
|
|
|
| Germany |
|
| adidas AG |
|
|
2,991 |
|
|
|
923,533 |
|
|
|
(122.0 |
) |
| Bayer AG, Registered Shares |
|
|
6,217 |
|
|
|
482,291 |
|
|
|
(63.7 |
) |
| CANCOM SE |
|
|
526 |
|
|
|
28,131 |
|
|
|
(3.7 |
) |
| CTS Eventim AG & Co. KGaA |
|
|
5,266 |
|
|
|
318,940 |
|
|
|
(42.2 |
) |
| Deutsche Post AG, Registered Shares |
|
|
17,355 |
|
|
|
614,802 |
|
|
|
(81.2 |
) |
| Evonik Industries AG |
|
|
62,176 |
|
|
|
1,638,583 |
|
|
|
(216.5 |
) |
| Freenet AG |
|
|
48,632 |
|
|
|
1,080,007 |
|
|
|
(142.7 |
) |
| Hochtief AG |
|
|
13,908 |
|
|
|
1,737,706 |
|
|
|
(229.6 |
) |
| LEG Immobilien AG |
|
|
460 |
|
|
|
52,792 |
|
|
|
(7.0 |
) |
| MTU Aero Engines AG |
|
|
2,521 |
|
|
|
674,194 |
|
|
|
(89.1 |
) |
| Nemetschek SE |
|
|
7,980 |
|
|
|
407,159 |
|
|
|
(53.8 |
) |
| Puma SE |
|
|
2,446 |
|
|
|
184,005 |
|
|
|
(24.3 |
) |
| Rational AG |
|
|
407 |
|
|
|
309,667 |
|
|
|
(40.9 |
) |
| Sartorius AG, Preference Shares |
|
|
5,232 |
|
|
|
1,016,692 |
|
|
|
(134.4 |
) |
| Software AG |
|
|
6,770 |
|
|
|
215,360 |
|
|
|
(28.5 |
) |
| Stroeer SE & Co. KGaA |
|
|
3,316 |
|
|
|
267,165 |
|
|
|
(35.3 |
) |
| Telefonica Deutschland Holding AG |
|
|
384,604 |
|
|
|
1,220,359 |
|
|
|
(161.3 |
) |
| TLG Immobilien AG |
|
|
7,997 |
|
|
|
234,125 |
|
|
|
(30.9 |
) |
| Volkswagen AG |
|
|
479 |
|
|
|
90,550 |
|
|
|
(12.0 |
) |
| Zalando SE |
|
|
3,549 |
|
|
|
153,874 |
|
|
|
(20.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11,649,935 |
|
|
|
|
|
|
| Hong Kong |
|
| CK Asset Holdings Ltd. |
|
|
2,500 |
|
|
|
17,394 |
|
|
|
(2.3 |
) |
| Hongkong Land Holdings Ltd. |
|
|
9,800 |
|
|
|
53,835 |
|
|
|
(7.1 |
) |
| Melco Resorts & Entertainment Ltd. — ADR |
|
|
18,711 |
|
|
|
403,035 |
|
|
|
(53.3 |
) |
| NWS Holdings Ltd. |
|
|
89,000 |
|
|
|
132,457 |
|
|
|
(17.5 |
) |
| Sino Land Co. Ltd. |
|
|
30,000 |
|
|
|
44,846 |
|
|
|
(5.9 |
) |
| Swire Pacific Ltd., Class A |
|
|
43,000 |
|
|
|
409,888 |
|
|
|
(54.2 |
) |
| Techtronic Industries Co. Ltd. |
|
|
110,500 |
|
|
|
863,559 |
|
|
|
(114.1 |
) |
| Wharf Holdings Ltd. |
|
|
17,000 |
|
|
|
38,577 |
|
|
|
(5.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Hong Kong (continued) |
|
| Wheelock & Co. Ltd. |
|
|
3,000 |
|
|
$ |
18,554 |
|
|
|
(2.4 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,982,145 |
|
|
|
|
|
|
| Ireland |
|
| Kerry Group PLC, Class A |
|
|
9,501 |
|
|
|
1,148,657 |
|
|
|
(151.8 |
) |
| UDG Healthcare PLC |
|
|
91,319 |
|
|
|
915,405 |
|
|
|
(120.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,064,062 |
|
|
|
|
|
|
| Italy |
|
| Ferrari NV |
|
|
5,412 |
|
|
|
866,769 |
|
|
|
(114.5 |
) |
| Interpump Group SpA |
|
|
651 |
|
|
|
17,846 |
|
|
|
(2.4 |
) |
| Iren SpA |
|
|
25,400 |
|
|
|
78,810 |
|
|
|
(10.4 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
963,425 |
|
|
|
|
|
|
| Japan |
|
| AEON Financial Service Co. Ltd. |
|
|
11,300 |
|
|
|
172,217 |
|
|
|
(22.8 |
) |
| Aeon Mall Co. Ltd. |
|
|
15,100 |
|
|
|
241,585 |
|
|
|
(31.9 |
) |
| AGC, Inc. |
|
|
51,000 |
|
|
|
1,793,163 |
|
|
|
(236.9 |
) |
| Benesse Holdings, Inc. |
|
|
19,000 |
|
|
|
508,625 |
|
|
|
(67.2 |
) |
| Brother Industries Ltd. |
|
|
4,100 |
|
|
|
77,056 |
|
|
|
(10.2 |
) |
| Calbee, Inc. |
|
|
5,400 |
|
|
|
180,499 |
|
|
|
(23.9 |
) |
| Citizen Watch Co. Ltd. |
|
|
106,800 |
|
|
|
567,808 |
|
|
|
(75.0 |
) |
| Credit Saison Co. Ltd. |
|
|
30,300 |
|
|
|
438,766 |
|
|
|
(58.0 |
) |
| Dai-ichi Life Holdings, Inc. |
|
|
144,000 |
|
|
|
2,347,114 |
|
|
|
(310.1 |
) |
| Daicel Corp. |
|
|
20,600 |
|
|
|
184,152 |
|
|
|
(24.3 |
) |
| Denka Co. Ltd. |
|
|
1,200 |
|
|
|
34,630 |
|
|
|
(4.6 |
) |
| DIC Corp. |
|
|
4,100 |
|
|
|
117,445 |
|
|
|
(15.5 |
) |
| Eisai Co. Ltd. |
|
|
6,200 |
|
|
|
448,812 |
|
|
|
(59.3 |
) |
| Electric Power Development Co. Ltd. |
|
|
20,400 |
|
|
|
495,320 |
|
|
|
(65.4 |
) |
| Fancl Corp. |
|
|
3,700 |
|
|
|
104,558 |
|
|
|
(13.8 |
) |
| Fuji Media Holdings, Inc. |
|
|
58,500 |
|
|
|
790,487 |
|
|
|
(104.4 |
) |
| Glory Ltd. |
|
|
11,400 |
|
|
|
335,645 |
|
|
|
(44.3 |
) |
| GS Yuasa Corp. |
|
|
8,300 |
|
|
|
151,311 |
|
|
|
(20.0 |
) |
| H2O Retailing Corp. |
|
|
9,400 |
|
|
|
106,610 |
|
|
|
(14.1 |
) |
| Hino Motors Ltd. |
|
|
18,100 |
|
|
|
171,123 |
|
|
|
(22.6 |
) |
| House Foods Group, Inc. |
|
|
700 |
|
|
|
26,532 |
|
|
|
(3.5 |
) |
| Hulic Co. Ltd. |
|
|
15,000 |
|
|
|
162,851 |
|
|
|
(21.5 |
) |
| Idemitsu Kosan Co. Ltd. |
|
|
600 |
|
|
|
17,637 |
|
|
|
(2.3 |
) |
| Isetan Mitsukoshi Holdings Ltd. |
|
|
79,100 |
|
|
|
630,836 |
|
|
|
(83.4 |
) |
| Isuzu Motors Ltd. |
|
|
20,200 |
|
|
|
234,722 |
|
|
|
(31.0 |
) |
| Izumi Co. Ltd. |
|
|
6,900 |
|
|
|
259,567 |
|
|
|
(34.3 |
) |
| Japan Airlines Co. Ltd. |
|
|
8,500 |
|
|
|
264,878 |
|
|
|
(35.0 |
) |
| JFE Holdings, Inc. |
|
|
12,100 |
|
|
|
151,342 |
|
|
|
(20.0 |
) |
| JXTG Holdings, Inc. |
|
|
805,000 |
|
|
|
3,762,763 |
|
|
|
(497.2 |
) |
| Kajima Corp. |
|
|
38,900 |
|
|
|
534,586 |
|
|
|
(70.6 |
) |
| Kandenko Co. Ltd. |
|
|
8,900 |
|
|
|
84,153 |
|
|
|
(11.1 |
) |
| Kaneka Corp. |
|
|
9,100 |
|
|
|
302,926 |
|
|
|
(40.0 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Japan (continued) |
|
| Kansai Electric Power Co., Inc. |
|
|
70,400 |
|
|
$ |
821,295 |
|
|
|
(108.5 |
)% |
| Kao Corp. |
|
|
5,800 |
|
|
|
466,312 |
|
|
|
(61.6 |
) |
| KDDI Corp. |
|
|
3,500 |
|
|
|
96,849 |
|
|
|
(12.8 |
) |
| Kinden Corp. |
|
|
4,500 |
|
|
|
67,693 |
|
|
|
(8.9 |
) |
| Kirin Holdings Co. Ltd. |
|
|
58,200 |
|
|
|
1,234,675 |
|
|
|
(163.1 |
) |
| Kobe Steel Ltd. |
|
|
12,800 |
|
|
|
68,820 |
|
|
|
(9.1 |
) |
| Konica Minolta, Inc. |
|
|
47,200 |
|
|
|
346,438 |
|
|
|
(45.8 |
) |
| Lintec Corp. |
|
|
23,400 |
|
|
|
491,466 |
|
|
|
(64.9 |
) |
| Mabuchi Motor Co. Ltd. |
|
|
500 |
|
|
|
20,259 |
|
|
|
(2.7 |
) |
| Maeda Corp. |
|
|
15,800 |
|
|
|
146,637 |
|
|
|
(19.4 |
) |
| Maruha Nichiro Corp. |
|
|
6,600 |
|
|
|
171,417 |
|
|
|
(22.7 |
) |
| Maruichi Steel Tube Ltd. |
|
|
800 |
|
|
|
21,847 |
|
|
|
(2.9 |
) |
| Mazda Motor Corp. |
|
|
47,400 |
|
|
|
435,147 |
|
|
|
(57.5 |
) |
| Mitsubishi Gas Chemical Co., Inc. |
|
|
87,800 |
|
|
|
1,238,587 |
|
|
|
(163.7 |
) |
| Mitsubishi Motors Corp. |
|
|
42,100 |
|
|
|
192,220 |
|
|
|
(25.4 |
) |
| MS&AD Insurance Group Holdings, Inc. |
|
|
12,900 |
|
|
|
416,557 |
|
|
|
(55.0 |
) |
| Nikon Corp. |
|
|
3,000 |
|
|
|
38,251 |
|
|
|
(5.1 |
) |
| Nippon Electric Glass Co. Ltd. |
|
|
44,300 |
|
|
|
997,926 |
|
|
|
(131.9 |
) |
| Nippon Express Co. Ltd. |
|
|
4,000 |
|
|
|
228,222 |
|
|
|
(30.2 |
) |
| Nippon Shokubai Co. Ltd. |
|
|
3,600 |
|
|
|
221,986 |
|
|
|
(29.3 |
) |
| Nippon Steel Corp. |
|
|
7,200 |
|
|
|
105,088 |
|
|
|
(13.9 |
) |
| Nippon Television Holdings, Inc. |
|
|
12,700 |
|
|
|
166,100 |
|
|
|
(21.9 |
) |
| Nissan Motor Co. Ltd. |
|
|
49,000 |
|
|
|
309,218 |
|
|
|
(40.9 |
) |
| Nitto Denko Corp. |
|
|
12,100 |
|
|
|
669,441 |
|
|
|
(88.5 |
) |
| NTN Corp. |
|
|
145,900 |
|
|
|
452,371 |
|
|
|
(59.8 |
) |
| Oji Holdings Corp. |
|
|
118,700 |
|
|
|
613,707 |
|
|
|
(81.1 |
) |
| ORIX Corp. |
|
|
26,600 |
|
|
|
418,016 |
|
|
|
(55.2 |
) |
| Otsuka Holdings Co. Ltd. |
|
|
6,900 |
|
|
|
287,663 |
|
|
|
(38.0 |
) |
| Pilot Corp. |
|
|
1,600 |
|
|
|
64,892 |
|
|
|
(8.6 |
) |
| Pola Orbis Holdings, Inc. |
|
|
53,400 |
|
|
|
1,205,013 |
|
|
|
(159.2 |
) |
| Recruit Holdings Co. Ltd. |
|
|
2,500 |
|
|
|
83,085 |
|
|
|
(11.0 |
) |
| Relo Group, Inc. |
|
|
6,400 |
|
|
|
156,630 |
|
|
|
(20.7 |
) |
| Sanwa Holdings Corp. |
|
|
25,600 |
|
|
|
299,408 |
|
|
|
(39.6 |
) |
| Seino Holdings Co Ltd. |
|
|
12,500 |
|
|
|
160,725 |
|
|
|
(21.2 |
) |
| Seria Co. Ltd. |
|
|
13,600 |
|
|
|
341,848 |
|
|
|
(45.2 |
) |
| Shikoku Electric Power Co., Inc. |
|
|
5,700 |
|
|
|
56,506 |
|
|
|
(7.5 |
) |
| SKY Perfect JSAT Holdings, Inc. |
|
|
5,700 |
|
|
|
23,541 |
|
|
|
(3.1 |
) |
| Sumitomo Heavy Industries Ltd. |
|
|
700 |
|
|
|
21,743 |
|
|
|
(2.9 |
) |
| Sumitomo Rubber Industries Ltd. |
|
|
13,300 |
|
|
|
176,275 |
|
|
|
(23.3 |
) |
| Sundrug Co. Ltd. |
|
|
19,900 |
|
|
|
658,505 |
|
|
|
(87.0 |
) |
| Suntory Beverage & Food Ltd. |
|
|
700 |
|
|
|
29,926 |
|
|
|
(4.0 |
) |
| T&D Holdings, Inc. |
|
|
263,600 |
|
|
|
2,935,907 |
|
|
|
(387.9 |
) |
| Taiheiyo Cement Corp. |
|
|
11,000 |
|
|
|
311,179 |
|
|
|
(41.1 |
) |
| Taisei Corp. |
|
|
20,500 |
|
|
|
808,385 |
|
|
|
(106.8 |
) |
| Taisho Pharmaceutical Holdings Co. Ltd. |
|
|
3,900 |
|
|
|
277,580 |
|
|
|
(36.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Japan (continued) |
|
| Takara Holdings, Inc. |
|
|
2,200 |
|
|
$ |
21,838 |
|
|
|
(2.9 |
)% |
| Takeda Pharmaceutical Co. Ltd. |
|
|
14,500 |
|
|
|
523,929 |
|
|
|
(69.2 |
) |
| Tohoku Electric Power Co., Inc. |
|
|
7,000 |
|
|
|
71,944 |
|
|
|
(9.5 |
) |
| Tokyo Broadcasting System Holdings, Inc. |
|
|
10,700 |
|
|
|
170,616 |
|
|
|
(22.5 |
) |
| Topcon Corp. |
|
|
36,200 |
|
|
|
499,146 |
|
|
|
(66.0 |
) |
| Tosoh Corp. |
|
|
1,500 |
|
|
|
20,539 |
|
|
|
(2.7 |
) |
| TV Asahi Holdings Corp. |
|
|
13,200 |
|
|
|
206,170 |
|
|
|
(27.2 |
) |
| Ube Industries Ltd. |
|
|
183,000 |
|
|
|
3,918,242 |
|
|
|
(517.7 |
) |
| Yakult Honsha Co. Ltd. |
|
|
300 |
|
|
|
17,193 |
|
|
|
(2.3 |
) |
| Yamaha Motor Co. Ltd. |
|
|
14,900 |
|
|
|
291,637 |
|
|
|
(38.5 |
) |
| Yamato Holdings Co. Ltd. |
|
|
34,000 |
|
|
|
570,269 |
|
|
|
(75.4 |
) |
| Yamato Kogyo Co. Ltd. |
|
|
2,900 |
|
|
|
75,231 |
|
|
|
(9.9 |
) |
| Zenkoku Hosho Co. Ltd. |
|
|
12,300 |
|
|
|
513,512 |
|
|
|
(67.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
40,955,341 |
|
|
|
|
|
|
| Netherlands |
|
| Aegon NV |
|
|
349,887 |
|
|
|
1,517,927 |
|
|
|
(200.5 |
) |
| ASM International NV |
|
|
2,242 |
|
|
|
226,042 |
|
|
|
(29.9 |
) |
| ASR Nederland NV |
|
|
18,682 |
|
|
|
684,856 |
|
|
|
(90.5 |
) |
| Euronext NV |
|
|
3,605 |
|
|
|
290,823 |
|
|
|
(38.4 |
) |
| Koninklijke DSM NV |
|
|
9,667 |
|
|
|
1,147,356 |
|
|
|
(151.6 |
) |
| NN Group NV |
|
|
29,118 |
|
|
|
1,111,053 |
|
|
|
(146.8 |
) |
| Royal Dutch Shell PLC, B Shares |
|
|
970 |
|
|
|
27,936 |
|
|
|
(3.7 |
) |
| Signify NV |
|
|
9,763 |
|
|
|
286,056 |
|
|
|
(37.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,292,049 |
|
|
|
|
|
|
| Norway |
|
| Aker BP ASA |
|
|
3,864 |
|
|
|
107,177 |
|
|
|
(14.2 |
) |
| Leroy Seafood Group ASA |
|
|
140,669 |
|
|
|
944,944 |
|
|
|
(124.9 |
) |
| Norsk Hydro ASA |
|
|
22,361 |
|
|
|
79,014 |
|
|
|
(10.4 |
) |
| Schibsted ASA, Class A |
|
|
40,369 |
|
|
|
1,185,575 |
|
|
|
(156.6 |
) |
| TGS Nopec Geophysical Co. ASA |
|
|
9,422 |
|
|
|
244,701 |
|
|
|
(32.3 |
) |
| Tomra Systems ASA |
|
|
33,333 |
|
|
|
898,434 |
|
|
|
(118.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,459,845 |
|
|
|
|
|
|
| Singapore |
|
| Keppel REIT |
|
|
218,400 |
|
|
|
194,139 |
|
|
|
(25.6 |
) |
| Suntec Real Estate Investment Trust |
|
|
953,200 |
|
|
|
1,302,174 |
|
|
|
(172.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,496,313 |
|
|
|
|
|
|
| Spain |
|
| Acerinox SA |
|
|
12,794 |
|
|
|
119,948 |
|
|
|
(15.9 |
) |
| ACS Actividades de Construccion y Servicios SA |
|
|
2,281 |
|
|
|
92,559 |
|
|
|
(12.2 |
) |
| Applus Services SA |
|
|
8,381 |
|
|
|
101,279 |
|
|
|
(13.4 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Spain (continued) |
|
| Zardoya Otis SA |
|
|
2,208 |
|
|
$ |
16,741 |
|
|
|
(2.2 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
330,527 |
|
|
|
|
|
|
| Sweden |
|
| AAK AB |
|
|
3,638 |
|
|
|
64,535 |
|
|
|
(8.5 |
) |
| Assa Abloy AB, Class B |
|
|
59,394 |
|
|
|
1,410,510 |
|
|
|
(186.4 |
) |
| Elekta AB, B Shares, Class B |
|
|
46,437 |
|
|
|
646,906 |
|
|
|
(85.5 |
) |
| Fabege AB |
|
|
20,670 |
|
|
|
308,695 |
|
|
|
(40.8 |
) |
| Kinnevik AB, Class B |
|
|
3,705 |
|
|
|
101,397 |
|
|
|
(13.4 |
) |
| Saab AB |
|
|
1,323 |
|
|
|
40,857 |
|
|
|
(5.4 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,572,900 |
|
|
|
|
|
|
| Switzerland |
|
| Dormakaba Holding AG |
|
|
111 |
|
|
|
71,103 |
|
|
|
(9.4 |
) |
| Dufry AG, Registered Shares |
|
|
5,504 |
|
|
|
478,714 |
|
|
|
(63.2 |
) |
| IWG PLC |
|
|
11,915 |
|
|
|
59,352 |
|
|
|
(7.8 |
) |
| LafargeHolcim Ltd., Registered Shares |
|
|
18,281 |
|
|
|
943,637 |
|
|
|
(124.7 |
) |
| Landis+Gyr Group AG |
|
|
4,060 |
|
|
|
376,984 |
|
|
|
(49.8 |
) |
| Logitech International SA, Registered Shares |
|
|
20,535 |
|
|
|
842,902 |
|
|
|
(111.4 |
) |
| PSP Swiss Property AG, Registered Shares |
|
|
1,145 |
|
|
|
151,558 |
|
|
|
(20.0 |
) |
| Schindler Holding AG, Participation Certificates |
|
|
191 |
|
|
|
46,794 |
|
|
|
(6.2 |
) |
| Schindler Holding AG, Registered Shares |
|
|
1,258 |
|
|
|
297,912 |
|
|
|
(39.4 |
) |
| Straumann Holding AG, Registered Shares |
|
|
3,554 |
|
|
|
3,175,434 |
|
|
|
(419.6 |
) |
| Sunrise Communications Group AG |
|
|
48,441 |
|
|
|
3,768,971 |
|
|
|
(498.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,213,361 |
|
|
|
|
|
|
| United Kingdom |
|
| Babcock International Group PLC |
|
|
41,231 |
|
|
|
296,129 |
|
|
|
(39.1 |
) |
| Bellway PLC |
|
|
20,431 |
|
|
|
836,229 |
|
|
|
(110.5 |
) |
| boohoo Group PLC |
|
|
146,418 |
|
|
|
500,512 |
|
|
|
(66.1 |
) |
| Centrica PLC |
|
|
771,329 |
|
|
|
725,872 |
|
|
|
(95.9 |
) |
| Coca-Cola European Partners PLC |
|
|
336 |
|
|
|
17,979 |
|
|
|
(2.4 |
) |
| Compass Group PLC |
|
|
16,412 |
|
|
|
436,955 |
|
|
|
(57.7 |
) |
| ConvaTec Group PLC |
|
|
37,425 |
|
|
|
95,611 |
|
|
|
(12.6 |
) |
| DCC PLC |
|
|
20,125 |
|
|
|
1,887,311 |
|
|
|
(249.4 |
) |
| Dechra Pharmaceuticals PLC |
|
|
31,329 |
|
|
|
1,068,682 |
|
|
|
(141.2 |
) |
| Experian PLC |
|
|
342,047 |
|
|
|
10,781,766 |
|
|
|
(1,424.6 |
) |
| GlaxoSmithKline PLC |
|
|
52,316 |
|
|
|
1,198,295 |
|
|
|
(158.3 |
) |
| Greggs PLC |
|
|
24,293 |
|
|
|
558,768 |
|
|
|
(73.8 |
) |
| Halma PLC |
|
|
23,895 |
|
|
|
579,822 |
|
|
|
(76.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United Kingdom (continued) |
|
| HomeServe PLC |
|
|
140,573 |
|
|
$ |
2,110,438 |
|
|
|
(278.9 |
)% |
| IG Group Holdings PLC |
|
|
40,760 |
|
|
|
335,482 |
|
|
|
(44.3 |
) |
| J. Sainsbury PLC |
|
|
127,257 |
|
|
|
335,357 |
|
|
|
(44.3 |
) |
| JD Sports Fashion PLC |
|
|
54,592 |
|
|
|
543,055 |
|
|
|
(71.8 |
) |
| John Wood Group PLC |
|
|
51,118 |
|
|
|
224,440 |
|
|
|
(29.7 |
) |
| London Stock Exchange Group PLC |
|
|
2,404 |
|
|
|
216,646 |
|
|
|
(28.6 |
) |
| Moneysupermarket.com Group PLC |
|
|
172,690 |
|
|
|
768,411 |
|
|
|
(101.5 |
) |
| Rotork PLC |
|
|
222,637 |
|
|
|
869,436 |
|
|
|
(114.9 |
) |
| SSP Group PLC |
|
|
459,393 |
|
|
|
3,788,215 |
|
|
|
(500.6 |
) |
| Subsea 7 SA |
|
|
173,983 |
|
|
|
1,634,520 |
|
|
|
(216.0 |
) |
| Tate & Lyle PLC |
|
|
42,205 |
|
|
|
368,124 |
|
|
|
(48.6 |
) |
| Vodafone Group PLC |
|
|
977,502 |
|
|
|
1,994,807 |
|
|
|
(263.6 |
) |
| WH Smith PLC |
|
|
52,492 |
|
|
|
1,487,491 |
|
|
|
(196.6 |
) |
| Willis Towers Watson PLC |
|
|
2,202 |
|
|
|
411,554 |
|
|
|
(54.4 |
) |
| WM Morrison Supermarkets PLC |
|
|
719,844 |
|
|
|
1,859,611 |
|
|
|
(245.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35,931,518 |
|
|
|
|
|
|
| United States |
|
| Alcoa Corp. |
|
|
58,032 |
|
|
|
1,206,485 |
|
|
|
(159.4 |
) |
| Allegion PLC |
|
|
16,813 |
|
|
|
1,950,981 |
|
|
|
(257.8 |
) |
| Alliance Data Systems Corp. |
|
|
1,663 |
|
|
|
166,300 |
|
|
|
(22.0 |
) |
| Alphabet, Inc., Class A |
|
|
123 |
|
|
|
154,832 |
|
|
|
(20.5 |
) |
| Amazon.com, Inc. |
|
|
837 |
|
|
|
1,487,064 |
|
|
|
(196.5 |
) |
| AMC Networks, Inc., Class A |
|
|
12,843 |
|
|
|
559,313 |
|
|
|
(73.9 |
) |
| Amcor PLC |
|
|
105,957 |
|
|
|
1,014,579 |
|
|
|
(134.1 |
) |
| American Financial Group, Inc. |
|
|
2,953 |
|
|
|
307,230 |
|
|
|
(40.6 |
) |
| American Tower Corp. |
|
|
3,885 |
|
|
|
847,241 |
|
|
|
(111.9 |
) |
| AMETEK, Inc. |
|
|
11,086 |
|
|
|
1,016,032 |
|
|
|
(134.2 |
) |
| AMN Healthcare Services, Inc. |
|
|
5,322 |
|
|
|
312,721 |
|
|
|
(41.3 |
) |
| Analog Devices, Inc. |
|
|
5,535 |
|
|
|
590,197 |
|
|
|
(78.0 |
) |
| Apple Hospitality REIT, Inc. |
|
|
74,267 |
|
|
|
1,223,920 |
|
|
|
(161.7 |
) |
| Aspen Technology, Inc. |
|
|
946 |
|
|
|
108,894 |
|
|
|
(14.4 |
) |
| Avista Corp. |
|
|
55,742 |
|
|
|
2,677,288 |
|
|
|
(353.8 |
) |
| Avnet, Inc. |
|
|
1,961 |
|
|
|
77,577 |
|
|
|
(10.2 |
) |
| Ball Corp. |
|
|
12,109 |
|
|
|
847,267 |
|
|
|
(111.9 |
) |
| Bank OZK |
|
|
608 |
|
|
|
17,060 |
|
|
|
(2.3 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Booking Holdings, Inc. |
|
|
171 |
|
|
$ |
350,340 |
|
|
|
(46.3 |
)% |
| Broadridge Financial Solutions, Inc. |
|
|
2,417 |
|
|
|
302,657 |
|
|
|
(40.0 |
) |
| Brown & Brown, Inc. |
|
|
29,558 |
|
|
|
1,113,745 |
|
|
|
(147.2 |
) |
| Cabot Corp. |
|
|
900 |
|
|
|
39,231 |
|
|
|
(5.2 |
) |
| Cargurus, Inc. |
|
|
3,866 |
|
|
|
129,859 |
|
|
|
(17.2 |
) |
| Carlisle Cos., Inc. |
|
|
2,724 |
|
|
|
414,783 |
|
|
|
(54.8 |
) |
| CBRE Group, Inc., Class A |
|
|
3,411 |
|
|
|
182,659 |
|
|
|
(24.1 |
) |
| Chipotle Mexican Grill, Inc. |
|
|
46 |
|
|
|
35,795 |
|
|
|
(4.7 |
) |
| Cinemark Holdings, Inc. |
|
|
11,181 |
|
|
|
409,225 |
|
|
|
(54.1 |
) |
| Cintas Corp. |
|
|
177 |
|
|
|
47,555 |
|
|
|
(6.3 |
) |
| Cirrus Logic, Inc. |
|
|
9,333 |
|
|
|
634,271 |
|
|
|
(83.8 |
) |
| CIT Group, Inc. |
|
|
23,351 |
|
|
|
1,001,524 |
|
|
|
(132.3 |
) |
| Citizens Financial Group, Inc. |
|
|
72,775 |
|
|
|
2,558,769 |
|
|
|
(338.1 |
) |
| Coherent, Inc. |
|
|
508 |
|
|
|
75,651 |
|
|
|
(10.0 |
) |
| Comerica, Inc. |
|
|
378 |
|
|
|
24,729 |
|
|
|
(3.3 |
) |
| Constellium SE, Class A |
|
|
1,132 |
|
|
|
15,090 |
|
|
|
(2.0 |
) |
| Copart, Inc. |
|
|
12,534 |
|
|
|
1,035,810 |
|
|
|
(136.9 |
) |
| Cornerstone OnDemand, Inc. |
|
|
2,378 |
|
|
|
139,279 |
|
|
|
(18.4 |
) |
| CoStar Group, Inc. |
|
|
7,118 |
|
|
|
3,911,483 |
|
|
|
(516.8 |
) |
| Coupa Software, Inc. |
|
|
1,596 |
|
|
|
219,434 |
|
|
|
(29.0 |
) |
| Crane Co. |
|
|
12,884 |
|
|
|
985,884 |
|
|
|
(130.3 |
) |
| Crimson Wine Group Ltd. |
|
|
1 |
|
|
|
7 |
|
|
|
0.0 |
|
| CubeSmart |
|
|
16,131 |
|
|
|
511,353 |
|
|
|
(67.6 |
) |
| Curtiss-Wright Corp. |
|
|
4,826 |
|
|
|
652,716 |
|
|
|
(86.2 |
) |
| Darling Ingredients, Inc. |
|
|
1,529 |
|
|
|
29,510 |
|
|
|
(3.9 |
) |
| DocuSign, Inc. |
|
|
2,719 |
|
|
|
179,971 |
|
|
|
(23.8 |
) |
| Dollar General Corp. |
|
|
934 |
|
|
|
149,758 |
|
|
|
(19.8 |
) |
| Dunkin’ Brands Group, Inc. |
|
|
20,019 |
|
|
|
1,573,894 |
|
|
|
(208.0 |
) |
| DuPont de Nemours, Inc. |
|
|
1,747 |
|
|
|
115,145 |
|
|
|
(15.2 |
) |
| DXC Technology Co. |
|
|
11,982 |
|
|
|
331,542 |
|
|
|
(43.8 |
) |
| East West Bancorp, Inc. |
|
|
57,831 |
|
|
|
2,482,106 |
|
|
|
(328.0 |
) |
| Eastman Chemical Co. |
|
|
7,575 |
|
|
|
576,003 |
|
|
|
(76.1 |
) |
| Ecolab, Inc. |
|
|
22,510 |
|
|
|
4,323,496 |
|
|
|
(571.3 |
) |
| Entegris, Inc. |
|
|
2,568 |
|
|
|
123,264 |
|
|
|
(16.3 |
) |
| EOG Resources, Inc. |
|
|
3,697 |
|
|
|
256,239 |
|
|
|
(33.9 |
) |
| Equifax, Inc. |
|
|
6,277 |
|
|
|
858,129 |
|
|
|
(113.4 |
) |
| Equinix, Inc. |
|
|
700 |
|
|
|
396,746 |
|
|
|
(52.4 |
) |
| Essent Group Ltd. |
|
|
4,282 |
|
|
|
223,049 |
|
|
|
(29.5 |
) |
| Estee Lauder Cos., Inc., Class A |
|
|
12,269 |
|
|
|
2,285,347 |
|
|
|
(302.0 |
) |
| Extended Stay America, Inc. |
|
|
110,384 |
|
|
|
1,568,557 |
|
|
|
(207.3 |
) |
| Extra Space Storage, Inc. |
|
|
337 |
|
|
|
37,835 |
|
|
|
(5.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Facebook, Inc., Class A |
|
|
12,046 |
|
|
$ |
2,308,616 |
|
|
|
(305.0 |
)% |
| FactSet Research Systems, Inc. |
|
|
3,136 |
|
|
|
795,039 |
|
|
|
(105.0 |
) |
| First American Financial Corp. |
|
|
35,787 |
|
|
|
2,210,921 |
|
|
|
(292.1 |
) |
| First Horizon National Corp. |
|
|
123,117 |
|
|
|
1,966,178 |
|
|
|
(259.8 |
) |
| FirstCash, Inc. |
|
|
2,161 |
|
|
|
182,367 |
|
|
|
(24.1 |
) |
| FleetCor Technologies, Inc. |
|
|
785 |
|
|
|
230,963 |
|
|
|
(30.5 |
) |
| Fluor Corp. |
|
|
18,874 |
|
|
|
304,060 |
|
|
|
(40.2 |
) |
| Ford Motor Co. |
|
|
60,458 |
|
|
|
519,334 |
|
|
|
(68.6 |
) |
| Fortinet, Inc. |
|
|
11,867 |
|
|
|
967,873 |
|
|
|
(127.9 |
) |
| General Dynamics Corp. |
|
|
6,331 |
|
|
|
1,119,321 |
|
|
|
(147.9 |
) |
| General Mills, Inc. |
|
|
11,099 |
|
|
|
564,495 |
|
|
|
(74.6 |
) |
| Globe Life, Inc. |
|
|
36,993 |
|
|
|
3,600,529 |
|
|
|
(475.7 |
) |
| GoDaddy, Inc., Class A |
|
|
116,569 |
|
|
|
7,580,482 |
|
|
|
(1,001.6 |
) |
| Graco, Inc. |
|
|
3,571 |
|
|
|
161,409 |
|
|
|
(21.3 |
) |
| HealthEquity, Inc. |
|
|
639 |
|
|
|
36,289 |
|
|
|
(4.8 |
) |
| HEICO Corp. |
|
|
18,713 |
|
|
|
2,308,061 |
|
|
|
(305.0 |
) |
| HEICO Corp., Class A |
|
|
6,099 |
|
|
|
581,052 |
|
|
|
(76.8 |
) |
| Hexcel Corp. |
|
|
493 |
|
|
|
36,788 |
|
|
|
(4.9 |
) |
| Hill-Rom Holdings, Inc. |
|
|
18,373 |
|
|
|
1,923,469 |
|
|
|
(254.1 |
) |
| HMS Holdings Corp. |
|
|
924 |
|
|
|
30,206 |
|
|
|
(4.0 |
) |
| Hologic, Inc. |
|
|
17,757 |
|
|
|
857,841 |
|
|
|
(113.3 |
) |
| Home Depot, Inc. |
|
|
3,204 |
|
|
|
751,594 |
|
|
|
(99.3 |
) |
| HubSpot, Inc. |
|
|
3,021 |
|
|
|
468,557 |
|
|
|
(61.9 |
) |
| Iberiabank Corp. |
|
|
14,348 |
|
|
|
1,053,000 |
|
|
|
(139.1 |
) |
| IDEX Corp. |
|
|
19,337 |
|
|
|
3,007,484 |
|
|
|
(397.4 |
) |
| Insulet Corp. |
|
|
554 |
|
|
|
80,507 |
|
|
|
(10.6 |
) |
| International Flavors & Fragrances, Inc. |
|
|
1,142 |
|
|
|
139,335 |
|
|
|
(18.4 |
) |
| Interpublic Group of Cos., Inc. |
|
|
127,680 |
|
|
|
2,777,040 |
|
|
|
(366.9 |
) |
| Intuit, Inc. |
|
|
8,382 |
|
|
|
2,158,365 |
|
|
|
(285.2 |
) |
| Invesco Ltd. |
|
|
79,834 |
|
|
|
1,342,808 |
|
|
|
(177.4 |
) |
| James Hardie Industries PLC |
|
|
12,917 |
|
|
|
221,540 |
|
|
|
(29.3 |
) |
| Johnson & Johnson |
|
|
13,282 |
|
|
|
1,753,755 |
|
|
|
(231.7 |
) |
| Kellogg Co. |
|
|
7,942 |
|
|
|
504,555 |
|
|
|
(66.7 |
) |
| Lam Research Corp. |
|
|
4,416 |
|
|
|
1,196,913 |
|
|
|
(158.1 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Liberty Latin America Ltd., Class A |
|
|
2 |
|
|
$ |
37 |
|
|
|
0.0 |
% |
| Life Storage, Inc. |
|
|
14,666 |
|
|
|
1,597,421 |
|
|
|
(211.1 |
) |
| Live Nation Entertainment, Inc. |
|
|
5,788 |
|
|
|
408,054 |
|
|
|
(53.9 |
) |
| Lockheed Martin Corp. |
|
|
1,606 |
|
|
|
604,948 |
|
|
|
(79.9 |
) |
| Macerich Co. |
|
|
2,309 |
|
|
|
63,497 |
|
|
|
(8.4 |
) |
| Manhattan Associates, Inc. |
|
|
6,533 |
|
|
|
489,648 |
|
|
|
(64.7 |
) |
| Mastercard, Inc., Class A |
|
|
1,342 |
|
|
|
371,479 |
|
|
|
(49.1 |
) |
| Match Group, Inc. |
|
|
8,220 |
|
|
|
599,978 |
|
|
|
(79.3 |
) |
| McDonald’s Corp. |
|
|
19,418 |
|
|
|
3,819,521 |
|
|
|
(504.7 |
) |
| Mercury Systems, Inc. |
|
|
479 |
|
|
|
35,283 |
|
|
|
(4.7 |
) |
| Microchip Technology, Inc. |
|
|
615 |
|
|
|
57,988 |
|
|
|
(7.7 |
) |
| Microsoft Corp. |
|
|
32,037 |
|
|
|
4,593,145 |
|
|
|
(606.9 |
) |
| Monolithic Power Systems, Inc. |
|
|
406 |
|
|
|
60,868 |
|
|
|
(8.0 |
) |
| Moody’s Corp. |
|
|
1,283 |
|
|
|
283,145 |
|
|
|
(37.4 |
) |
| Motorola Solutions, Inc. |
|
|
1,459 |
|
|
|
242,661 |
|
|
|
(32.1 |
) |
| MSC Industrial Direct Co., Inc., Class A |
|
|
8,340 |
|
|
|
610,571 |
|
|
|
(80.7 |
) |
| National Instruments Corp. |
|
|
42,023 |
|
|
|
1,739,332 |
|
|
|
(229.8 |
) |
| NVIDIA Corp. |
|
|
2,046 |
|
|
|
411,287 |
|
|
|
(54.3 |
) |
| PacWest Bancorp |
|
|
27,497 |
|
|
|
1,017,114 |
|
|
|
(134.4 |
) |
| Park Hotels & Resorts, Inc. |
|
|
196,904 |
|
|
|
4,578,018 |
|
|
|
(604.9 |
) |
| Paylocity Holding Corp. |
|
|
24,269 |
|
|
|
2,489,999 |
|
|
|
(329.0 |
) |
| Pool Corp. |
|
|
344 |
|
|
|
71,346 |
|
|
|
(9.4 |
) |
| Proofpoint, Inc. |
|
|
505 |
|
|
|
58,262 |
|
|
|
(7.7 |
) |
| Prudential Financial, Inc. |
|
|
57,983 |
|
|
|
5,284,571 |
|
|
|
(698.3 |
) |
| Q2 Holdings, Inc. |
|
|
6,844 |
|
|
|
489,278 |
|
|
|
(64.6 |
) |
| Ralph Lauren Corp. |
|
|
1,712 |
|
|
|
164,455 |
|
|
|
(21.7 |
) |
| Regal-Beloit Corp. |
|
|
10,592 |
|
|
|
784,338 |
|
|
|
(103.6 |
) |
| Reliance Steel & Aluminum Co. |
|
|
2,289 |
|
|
|
265,616 |
|
|
|
(35.1 |
) |
| RingCentral, Inc., Class A |
|
|
2,833 |
|
|
|
457,586 |
|
|
|
(60.5 |
) |
| RLJ Lodging Trust |
|
|
194,898 |
|
|
|
3,198,276 |
|
|
|
(422.6 |
) |
| Roper Technologies, Inc. |
|
|
2,269 |
|
|
|
764,562 |
|
|
|
(101.0 |
) |
| Ryder System, Inc. |
|
|
21,223 |
|
|
|
1,032,074 |
|
|
|
(136.4 |
) |
| S&P Global, Inc. |
|
|
16,283 |
|
|
|
4,200,851 |
|
|
|
(555.1 |
) |
| salesforce.com, Inc. |
|
|
16,131 |
|
|
|
2,524,340 |
|
|
|
(333.5 |
) |
| Scotts Miracle-Gro Co. |
|
|
1,028 |
|
|
|
103,201 |
|
|
|
(13.6 |
) |
| Sealed Air Corp. |
|
|
1,472 |
|
|
|
61,485 |
|
|
|
(8.1 |
) |
| ServiceNow, Inc. |
|
|
8,412 |
|
|
|
2,079,951 |
|
|
|
(274.8 |
) |
| Sherwin-Williams Co. |
|
|
113 |
|
|
|
64,672 |
|
|
|
(8.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Silicon Laboratories, Inc. |
|
|
2,905 |
|
|
$ |
308,627 |
|
|
|
(40.8 |
)% |
| Simon Property Group, Inc. |
|
|
23,112 |
|
|
|
3,482,516 |
|
|
|
(460.1 |
) |
| Sirius XM Holdings, Inc. |
|
|
239,226 |
|
|
|
1,607,599 |
|
|
|
(212.4 |
) |
| SL Green Realty Corp. |
|
|
7,133 |
|
|
|
596,319 |
|
|
|
(78.8 |
) |
| Snap-on, Inc. |
|
|
4,682 |
|
|
|
761,621 |
|
|
|
(100.6 |
) |
| Spectrum Brands Holdings, Inc. |
|
|
805 |
|
|
|
40,419 |
|
|
|
(5.3 |
) |
| Steel Dynamics, Inc. |
|
|
745 |
|
|
|
22,618 |
|
|
|
(3.0 |
) |
| Stifel Financial Corp. |
|
|
6,467 |
|
|
|
362,023 |
|
|
|
(47.8 |
) |
| Synopsys, Inc. |
|
|
1,303 |
|
|
|
176,882 |
|
|
|
(23.4 |
) |
| Synovus Financial Corp. |
|
|
26,461 |
|
|
|
896,234 |
|
|
|
(118.4 |
) |
| Take-Two Interactive Software, Inc. |
|
|
287 |
|
|
|
34,540 |
|
|
|
(4.6 |
) |
| Tapestry, Inc. |
|
|
3,023 |
|
|
|
78,175 |
|
|
|
(10.3 |
) |
| TCF Financial Corp. |
|
|
4,433 |
|
|
|
175,502 |
|
|
|
(23.2 |
) |
| TD Ameritrade Holding Corp. |
|
|
11,434 |
|
|
|
438,837 |
|
|
|
(58.0 |
) |
| Teledyne Technologies, Inc. |
|
|
6,190 |
|
|
|
2,040,224 |
|
|
|
(269.6 |
) |
| Telephone & Data Systems, Inc. |
|
|
26,196 |
|
|
|
683,454 |
|
|
|
(90.3 |
) |
| Tempur Sealy International, Inc. |
|
|
3,746 |
|
|
|
340,699 |
|
|
|
(45.0 |
) |
| TransUnion |
|
|
1,275 |
|
|
|
105,340 |
|
|
|
(13.9 |
) |
| Umpqua Holdings Corp. |
|
|
967 |
|
|
|
15,298 |
|
|
|
(2.0 |
) |
| United Airlines Holdings, Inc. |
|
|
1,278 |
|
|
|
116,094 |
|
|
|
(15.3 |
) |
| United Parcel Service, Inc., Class B |
|
|
2,332 |
|
|
|
268,576 |
|
|
|
(35.5 |
) |
| Unum Group |
|
|
72,213 |
|
|
|
1,988,746 |
|
|
|
(262.8 |
) |
| Vail Resorts, Inc. |
|
|
996 |
|
|
|
231,441 |
|
|
|
(30.6 |
) |
| Veeva Systems, Inc., Class A |
|
|
19,499 |
|
|
|
2,765,543 |
|
|
|
(365.4 |
) |
| Verisk Analytics, Inc. |
|
|
7,846 |
|
|
|
1,135,316 |
|
|
|
(150.0 |
) |
| Visa, Inc., Class A |
|
|
61,173 |
|
|
|
10,941,403 |
|
|
|
(1,445.7 |
) |
| Vulcan Materials Co. |
|
|
1,002 |
|
|
|
143,156 |
|
|
|
(18.9 |
) |
| Wabtec Corp. |
|
|
1,133 |
|
|
|
78,596 |
|
|
|
(10.4 |
) |
| Webster Financial Corp. |
|
|
23,262 |
|
|
|
1,025,854 |
|
|
|
(135.5 |
) |
| Westrock Co. |
|
|
57,187 |
|
|
|
2,137,078 |
|
|
|
(282.4 |
) |
| Wintrust Financial Corp. |
|
|
9,043 |
|
|
|
577,124 |
|
|
|
(76.3 |
) |
| Workday, Inc., Class A |
|
|
129 |
|
|
|
20,919 |
|
|
|
(2.8 |
) |
| Yelp, Inc. |
|
|
12,469 |
|
|
|
430,305 |
|
|
|
(56.9 |
) |
| Yum! Brands, Inc. |
|
|
7,881 |
|
|
|
801,576 |
|
|
|
(105.9 |
) |
| Zendesk, Inc. |
|
|
2,471 |
|
|
|
174,576 |
|
|
|
(23.1 |
) |
| Zoetis, Inc. |
|
|
29,807 |
|
|
|
3,812,911 |
|
|
|
(503.8 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Zynga, Inc., Class A |
|
|
79,943 |
|
|
$ |
493,248 |
|
|
|
(65.2 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
173,596,414 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Long |
|
|
|
353,605,295 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reference Entity — Short |
|
|
| Australia |
|
| Afterpay Touch Group Ltd. |
|
|
(24,320 |
) |
|
|
(482,801 |
) |
|
|
63.8 |
|
| AMP Ltd. |
|
|
(136,387 |
) |
|
|
(172,330 |
) |
|
|
22.8 |
|
| ASX Ltd. |
|
|
(2,777 |
) |
|
|
(157,628 |
) |
|
|
20.8 |
|
| Brambles Ltd. |
|
|
(19,179 |
) |
|
|
(158,554 |
) |
|
|
20.9 |
|
| Insurance Australia Group Ltd. |
|
|
(47,891 |
) |
|
|
(262,398 |
) |
|
|
34.7 |
|
| Lend Lease Group |
|
|
(15,233 |
) |
|
|
(196,897 |
) |
|
|
26.0 |
|
| Link Administration Holdings Ltd. |
|
|
(22,569 |
) |
|
|
(87,031 |
) |
|
|
11.5 |
|
| Mineral Resources Ltd. |
|
|
(3,797 |
) |
|
|
(37,347 |
) |
|
|
4.9 |
|
| NEXTDC Ltd. |
|
|
(26,811 |
) |
|
|
(118,485 |
) |
|
|
15.7 |
|
| Nufarm Ltd. |
|
|
(22,605 |
) |
|
|
(92,247 |
) |
|
|
12.2 |
|
| Orora Ltd. |
|
|
(10,288 |
) |
|
|
(21,928 |
) |
|
|
2.9 |
|
| OZ Minerals Ltd. |
|
|
(3,802 |
) |
|
|
(26,528 |
) |
|
|
3.5 |
|
| Qube Holdings Ltd. |
|
|
(213,708 |
) |
|
|
(479,155 |
) |
|
|
63.3 |
|
| Seven Group Holdings Ltd. |
|
|
(6,903 |
) |
|
|
(89,223 |
) |
|
|
11.8 |
|
| TPG Telecom Ltd. |
|
|
(46,468 |
) |
|
|
(209,439 |
) |
|
|
27.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,591,991 |
) |
|
|
|
|
|
| Austria |
|
| OMV AG |
|
|
(3,729 |
) |
|
|
(218,003 |
) |
|
|
28.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Belgium |
|
| Anheuser-Busch InBev NV |
|
|
(572 |
) |
|
|
(46,170 |
) |
|
|
6.1 |
|
| Euronav NV |
|
|
(162,075 |
) |
|
|
(1,827,804 |
) |
|
|
241.5 |
|
| KBC Groep NV |
|
|
(71,954 |
) |
|
|
(5,059,393 |
) |
|
|
668.5 |
|
| Melexis NV |
|
|
(203 |
) |
|
|
(14,245 |
) |
|
|
1.9 |
|
| Proximus SADP |
|
|
(45,857 |
) |
|
|
(1,409,220 |
) |
|
|
186.2 |
|
| Umicore SA |
|
|
(109,461 |
) |
|
|
(4,518,551 |
) |
|
|
597.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(12,875,383 |
) |
|
|
|
|
|
| Bermuda |
|
| RenaissanceRe Holdings Ltd. |
|
|
(568 |
) |
|
|
(106,318 |
) |
|
|
14.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Canada |
|
| Bombardier, Inc., Class B |
|
|
(376,577 |
) |
|
|
(474,617 |
) |
|
|
62.7 |
|
| Cameco Corp. |
|
|
(57,447 |
) |
|
|
(512,927 |
) |
|
|
67.8 |
|
| Empire Co. Ltd., Class A |
|
|
(16,460 |
) |
|
|
(437,026 |
) |
|
|
57.8 |
|
| George Weston Ltd. |
|
|
(3,953 |
) |
|
|
(316,486 |
) |
|
|
41.8 |
|
| Great Canadian Gaming Corp. |
|
|
(29,957 |
) |
|
|
(947,543 |
) |
|
|
125.2 |
|
| Inter Pipeline Ltd. |
|
|
(16,970 |
) |
|
|
(284,873 |
) |
|
|
37.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Canada (continued) |
|
| Lightspeed POS, Inc. |
|
|
(5,641 |
) |
|
$ |
(147,160 |
) |
|
|
19.5 |
% |
| Metro, Inc. |
|
|
(52,939 |
) |
|
|
(2,238,784 |
) |
|
|
295.8 |
|
| Onex Corp. |
|
|
(2,625 |
) |
|
|
(154,319 |
) |
|
|
20.4 |
|
| Osisko Gold Royalties Ltd. |
|
|
(5 |
) |
|
|
(49 |
) |
|
|
0.0 |
|
| Stars Group, Inc. |
|
|
(7,478 |
) |
|
|
(162,721 |
) |
|
|
21.5 |
|
| Thomson Reuters Corp. |
|
|
(19,506 |
) |
|
|
(1,310,816 |
) |
|
|
173.2 |
|
| West Fraser Timber Co. Ltd. |
|
|
(1,063 |
) |
|
|
(49,151 |
) |
|
|
6.5 |
|
| WestJet Airlines Ltd. |
|
|
(18,585 |
) |
|
|
(432,206 |
) |
|
|
57.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(7,468,678 |
) |
|
|
|
|
|
| China |
|
| Budweiser Brewing Co. APAC Ltd. |
|
|
(74,900 |
) |
|
|
(273,851 |
) |
|
|
36.2 |
|
| Minth Group Ltd. |
|
|
(176,000 |
) |
|
|
(622,544 |
) |
|
|
82.3 |
|
| Prosus NV |
|
|
(16,814 |
) |
|
|
(1,159,476 |
) |
|
|
153.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,055,871 |
) |
|
|
|
|
|
| Denmark |
|
| Ambu A/S, Class B |
|
|
(19,652 |
) |
|
|
(308,922 |
) |
|
|
40.8 |
|
| Jyske Bank A/S, Registered Shares |
|
|
(1,161 |
) |
|
|
(38,621 |
) |
|
|
5.1 |
|
| Novo Nordisk A/S, Class B |
|
|
(6,841 |
) |
|
|
(376,178 |
) |
|
|
49.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(723,721 |
) |
|
|
|
|
|
| Finland |
|
| Nokia OYJ |
|
|
(418,159 |
) |
|
|
(1,535,065 |
) |
|
|
202.9 |
|
| Nordea Bank Abp |
|
|
(81,704 |
) |
|
|
(598,019 |
) |
|
|
79.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,133,084 |
) |
|
|
|
|
|
| France |
|
| AXA SA |
|
|
(219,364 |
) |
|
|
(5,806,831 |
) |
|
|
767.3 |
|
| Carrefour SA |
|
|
(37,663 |
) |
|
|
(641,233 |
) |
|
|
84.7 |
|
| CGG SA |
|
|
(38,105 |
) |
|
|
(88,829 |
) |
|
|
11.7 |
|
| Cie Generale des Etablissements Michelin SCA |
|
|
(19,762 |
) |
|
|
(2,406,166 |
) |
|
|
317.9 |
|
| Getlink SE |
|
|
(16,720 |
) |
|
|
(280,075 |
) |
|
|
37.0 |
|
| Remy Cointreau SA |
|
|
(1,807 |
) |
|
|
(241,818 |
) |
|
|
32.0 |
|
| Valeo SA |
|
|
(21,934 |
) |
|
|
(816,837 |
) |
|
|
107.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,281,789 |
) |
|
|
|
|
|
| Germany |
|
| Aareal Bank AG |
|
|
(1,008 |
) |
|
|
(33,840 |
) |
|
|
4.5 |
|
| CECONOMY AG |
|
|
(16,582 |
) |
|
|
(83,444 |
) |
|
|
11.0 |
|
| Delivery Hero SE |
|
|
(15,569 |
) |
|
|
(730,539 |
) |
|
|
96.5 |
|
| Deutsche Bank AG |
|
|
(66,968 |
) |
|
|
(485,634 |
) |
|
|
64.2 |
|
| Deutsche Wohnen SE |
|
|
(12,792 |
) |
|
|
(482,289 |
) |
|
|
63.7 |
|
| Infineon Technologies AG |
|
|
(2,954 |
) |
|
|
(57,254 |
) |
|
|
7.6 |
|
| KION Group AG |
|
|
(5,445 |
) |
|
|
(362,298 |
) |
|
|
47.9 |
|
| Knorr-Bremse AG |
|
|
(8,210 |
) |
|
|
(828,582 |
) |
|
|
109.5 |
|
| SAP SE |
|
|
(13,041 |
) |
|
|
(1,727,951 |
) |
|
|
228.3 |
|
| Siemens AG |
|
|
(15,235 |
) |
|
|
(1,758,119 |
) |
|
|
232.3 |
|
| Siltronic AG |
|
|
(1,333 |
) |
|
|
(126,954 |
) |
|
|
16.8 |
|
| ThyssenKrupp AG |
|
|
(126,440 |
) |
|
|
(1,803,108 |
) |
|
|
238.2 |
|
| TUI AG |
|
|
(16,723 |
) |
|
|
(218,775 |
) |
|
|
28.9 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Germany (continued) |
|
| United Internet AG |
|
|
(6,647 |
) |
|
$ |
(200,662 |
) |
|
|
26.5 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8,899,449 |
) |
|
|
|
|
|
| Hong Kong |
|
| Hang Seng Bank Ltd. |
|
|
(26,400 |
) |
|
|
(550,838 |
) |
|
|
72.8 |
|
| Hong Kong Exchanges and Clearing Ltd. |
|
|
(29,500 |
) |
|
|
(919,044 |
) |
|
|
121.4 |
|
| Jardine Matheson Holdings Ltd. |
|
|
(1,500 |
) |
|
|
(85,517 |
) |
|
|
11.3 |
|
| SJM Holdings Ltd. |
|
|
(1,842,000 |
) |
|
|
(1,967,700 |
) |
|
|
260.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,523,099 |
) |
|
|
|
|
|
| Ireland |
|
| CRH PLC |
|
|
(57,790 |
) |
|
|
(2,104,120 |
) |
|
|
278.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Israel |
|
| Bezeq The Israeli Telecommunication Corp. Ltd. |
|
|
(40,192 |
) |
|
|
(26,519 |
) |
|
|
3.5 |
|
| Shufersal Ltd. |
|
|
(14,953 |
) |
|
|
(101,113 |
) |
|
|
13.4 |
|
| Tower Semiconductor Ltd. |
|
|
(3,364 |
) |
|
|
(73,773 |
) |
|
|
9.7 |
|
| Wix.com Ltd. |
|
|
(199 |
) |
|
|
(24,292 |
) |
|
|
3.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(225,697 |
) |
|
|
|
|
|
| Italy |
|
| Banco BPM SpA |
|
|
(167,443 |
) |
|
|
(381,161 |
) |
|
|
50.4 |
|
| Fincantieri SpA |
|
|
(80,280 |
) |
|
|
(84,714 |
) |
|
|
11.2 |
|
| FinecoBank Banca Fineco SpA |
|
|
(140,923 |
) |
|
|
(1,588,672 |
) |
|
|
209.9 |
|
| Freni Brembo SpA |
|
|
(8,070 |
) |
|
|
(85,860 |
) |
|
|
11.4 |
|
| Infrastrutture Wireless Italiane SpA |
|
|
(2,808 |
) |
|
|
(28,812 |
) |
|
|
3.8 |
|
| Intesa Sanpaolo SpA |
|
|
(311,450 |
) |
|
|
(780,439 |
) |
|
|
103.1 |
|
| Prada SpA |
|
|
(5,800 |
) |
|
|
(19,940 |
) |
|
|
2.6 |
|
| Prysmian SpA |
|
|
(109,870 |
) |
|
|
(2,541,545 |
) |
|
|
335.8 |
|
| UniCredit SpA |
|
|
(42,079 |
) |
|
|
(533,858 |
) |
|
|
70.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,045,001 |
) |
|
|
|
|
|
| Japan |
|
| Alps Electric Co. Ltd. |
|
|
(900 |
) |
|
|
(19,295 |
) |
|
|
2.5 |
|
| ANA Holdings, Inc. |
|
|
(6,400 |
) |
|
|
(219,766 |
) |
|
|
29.0 |
|
| Ariake Japan Co., Ltd. |
|
|
(1,300 |
) |
|
|
(100,916 |
) |
|
|
13.3 |
|
| Asics Corp. |
|
|
(15,100 |
) |
|
|
(259,242 |
) |
|
|
34.3 |
|
| Bandai Namco Holdings, Inc. |
|
|
(21,500 |
) |
|
|
(1,322,017 |
) |
|
|
174.7 |
|
| Bank of Kyoto Ltd. |
|
|
(31,200 |
) |
|
|
(1,234,912 |
) |
|
|
163.2 |
|
| Chugoku Bank Ltd. |
|
|
(80,800 |
) |
|
|
(789,567 |
) |
|
|
104.3 |
|
| Daido Steel Co. Ltd. |
|
|
(1,200 |
) |
|
|
(52,366 |
) |
|
|
6.9 |
|
| Daiwa House REIT Investment Corp. |
|
|
(243 |
) |
|
|
(707,568 |
) |
|
|
93.5 |
|
| Dowa Holdings Co. Ltd. |
|
|
(45,600 |
) |
|
|
(1,574,302 |
) |
|
|
208.0 |
|
| FamilyMart UNY Holdings Co. Ltd. |
|
|
(900 |
) |
|
|
(22,326 |
) |
|
|
3.0 |
|
| Fujitsu Ltd. |
|
|
(300 |
) |
|
|
(26,589 |
) |
|
|
3.5 |
|
| GMO internet, Inc. |
|
|
(1,000 |
) |
|
|
(16,805 |
) |
|
|
2.2 |
|
| Hachijuni Bank Ltd. |
|
|
(164,100 |
) |
|
|
(705,902 |
) |
|
|
93.3 |
|
| Hitachi Chemical Co. Ltd. |
|
|
(43,600 |
) |
|
|
(1,435,303 |
) |
|
|
189.6 |
|
| Hitachi High-Technologies Corp. |
|
|
(13,400 |
) |
|
|
(833,691 |
) |
|
|
110.2 |
|
| Hitachi Ltd. |
|
|
(6,600 |
) |
|
|
(246,328 |
) |
|
|
32.5 |
|
| Hitachi Metals Ltd. |
|
|
(26,500 |
) |
|
|
(332,583 |
) |
|
|
43.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Japan (continued) |
|
| Ibiden Co. Ltd. |
|
|
(1,900 |
) |
|
$ |
(43,872 |
) |
|
|
5.8 |
% |
| Ichigo, Inc. |
|
|
(45,400 |
) |
|
|
(180,823 |
) |
|
|
23.9 |
|
| Iyo Bank Ltd. |
|
|
(41,500 |
) |
|
|
(219,276 |
) |
|
|
29.0 |
|
| Japan Airport Terminal Co. Ltd. |
|
|
(6,100 |
) |
|
|
(301,319 |
) |
|
|
39.8 |
|
| Japan Prime Realty Investment Corp. |
|
|
(78 |
) |
|
|
(374,868 |
) |
|
|
49.5 |
|
| Japan Real Estate Investment Corp. |
|
|
(142 |
) |
|
|
(969,264 |
) |
|
|
128.1 |
|
| Japan Retail Fund Investment Corp. |
|
|
(12 |
) |
|
|
(28,003 |
) |
|
|
3.7 |
|
| Justsystems Corp. |
|
|
(3,400 |
) |
|
|
(139,796 |
) |
|
|
18.5 |
|
| Kansai Mirai Financial Group, Inc. |
|
|
(48,500 |
) |
|
|
(315,540 |
) |
|
|
41.7 |
|
| Keihan Holdings Co. Ltd. |
|
|
(16,400 |
) |
|
|
(774,357 |
) |
|
|
102.3 |
|
| Keikyu Corp. |
|
|
(1,400 |
) |
|
|
(27,868 |
) |
|
|
3.7 |
|
| Keio Corp. |
|
|
(16,200 |
) |
|
|
(1,002,187 |
) |
|
|
132.4 |
|
| Keisei Electric Railway Co. Ltd. |
|
|
(71,800 |
) |
|
|
(2,935,574 |
) |
|
|
387.9 |
|
| Kintetsu Group Holdings Co. Ltd. |
|
|
(3,900 |
) |
|
|
(212,573 |
) |
|
|
28.1 |
|
| Kobe Bussan Co. Ltd. |
|
|
(8,300 |
) |
|
|
(245,603 |
) |
|
|
32.5 |
|
| Koei Tecmo Holdings Co. Ltd. |
|
|
(20,600 |
) |
|
|
(475,334 |
) |
|
|
62.8 |
|
| Kusuri no Aoki Holdings Co. Ltd. |
|
|
(5,600 |
) |
|
|
(417,633 |
) |
|
|
55.2 |
|
| Kyocera Corp. |
|
|
(18,600 |
) |
|
|
(1,220,288 |
) |
|
|
161.2 |
|
| Kyushu Financial Group, Inc. |
|
|
(4,000 |
) |
|
|
(16,146 |
) |
|
|
2.1 |
|
| Kyushu Railway Co. |
|
|
(13,100 |
) |
|
|
(432,792 |
) |
|
|
57.2 |
|
| M3, Inc. |
|
|
(4,300 |
) |
|
|
(103,042 |
) |
|
|
13.6 |
|
| McDonald’s Holdings Co. Japan Ltd. |
|
|
(900 |
) |
|
|
(45,173 |
) |
|
|
6.0 |
|
| Minebea Mitsumi, Inc. |
|
|
(98,400 |
) |
|
|
(1,868,768 |
) |
|
|
246.9 |
|
| MISUMI Group, Inc. |
|
|
(16,200 |
) |
|
|
(407,248 |
) |
|
|
53.8 |
|
| Murata Manufacturing Co. Ltd. |
|
|
(25,800 |
) |
|
|
(1,404,762 |
) |
|
|
185.6 |
|
| Nabtesco Corp. |
|
|
(36,500 |
) |
|
|
(1,161,970 |
) |
|
|
153.5 |
|
| NGK Insulators Ltd. |
|
|
(10,300 |
) |
|
|
(158,236 |
) |
|
|
20.9 |
|
| Nippon Shinyaku Co. Ltd. |
|
|
(500 |
) |
|
|
(45,108 |
) |
|
|
6.0 |
|
| NOF Corp. |
|
|
(4,900 |
) |
|
|
(165,517 |
) |
|
|
21.9 |
|
| Nomura Holdings, Inc. |
|
|
(72,700 |
) |
|
|
(330,420 |
) |
|
|
43.7 |
|
| Nomura Real Estate Master Fund, Inc. |
|
|
(91 |
) |
|
|
(173,952 |
) |
|
|
23.0 |
|
| Omron Corp. |
|
|
(8,000 |
) |
|
|
(468,014 |
) |
|
|
61.8 |
|
| Orient Corp. |
|
|
(73,000 |
) |
|
|
(106,647 |
) |
|
|
14.1 |
|
| Park24 Co. Ltd. |
|
|
(3,800 |
) |
|
|
(89,743 |
) |
|
|
11.9 |
|
| Pigeon Corp. |
|
|
(400 |
) |
|
|
(19,527 |
) |
|
|
2.6 |
|
| Renesas Electronics Corp. |
|
|
(7,200 |
) |
|
|
(48,742 |
) |
|
|
6.4 |
|
| Rohm Co. Ltd. |
|
|
(1,200 |
) |
|
|
(95,075 |
) |
|
|
12.6 |
|
| Santen Pharmaceutical Co. Ltd. |
|
|
(8,800 |
) |
|
|
(155,877 |
) |
|
|
20.6 |
|
| SBI Holdings, Inc. |
|
|
(19,300 |
) |
|
|
(419,743 |
) |
|
|
55.5 |
|
| Sekisui House Ltd. |
|
|
(9,200 |
) |
|
|
(198,392 |
) |
|
|
26.2 |
|
| Sekisui House Reit, Inc. |
|
|
(69 |
) |
|
|
(63,682 |
) |
|
|
8.4 |
|
| Shiga Bank Ltd. |
|
|
(15,400 |
) |
|
|
(371,125 |
) |
|
|
49.0 |
|
| Shizuoka Bank Ltd. |
|
|
(8,800 |
) |
|
|
(66,869 |
) |
|
|
8.8 |
|
| Shochiku Co. Ltd. |
|
|
(8,000 |
) |
|
|
(1,173,843 |
) |
|
|
155.1 |
|
| Sony Corp. |
|
|
(14,900 |
) |
|
|
(906,950 |
) |
|
|
119.8 |
|
| Sony Financial Holdings, Inc. |
|
|
(17,900 |
) |
|
|
(385,090 |
) |
|
|
50.9 |
|
| Square Enix Holdings Co. Ltd. |
|
|
(2,700 |
) |
|
|
(128,488 |
) |
|
|
17.0 |
|
| Stanley Electric Co. Ltd. |
|
|
(6,900 |
) |
|
|
(190,945 |
) |
|
|
25.2 |
|
| Sumco Corp. |
|
|
(23,300 |
) |
|
|
(387,033 |
) |
|
|
51.1 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Japan (continued) |
|
| Sumitomo Metal Mining Co. Ltd. |
|
|
(22,900 |
) |
|
$ |
(765,998 |
) |
|
|
101.2 |
% |
| Sumitomo Osaka Cement Co. Ltd. |
|
|
(400 |
) |
|
|
(17,461 |
) |
|
|
2.3 |
|
| Sysmex Corp. |
|
|
(8,400 |
) |
|
|
(548,084 |
) |
|
|
72.4 |
|
| Taiyo Nippon Sanso Corp. |
|
|
(10,300 |
) |
|
|
(241,120 |
) |
|
|
31.9 |
|
| TDK Corp. |
|
|
(6,200 |
) |
|
|
(611,777 |
) |
|
|
80.8 |
|
| Toho Gas Co. Ltd. |
|
|
(4,300 |
) |
|
|
(167,479 |
) |
|
|
22.1 |
|
| Tokai Carbon Co. Ltd. |
|
|
(7,400 |
) |
|
|
(74,732 |
) |
|
|
9.9 |
|
| Tokyo Gas Co. Ltd. |
|
|
(800 |
) |
|
|
(19,529 |
) |
|
|
2.6 |
|
| Tokyu Corp. |
|
|
(14,200 |
) |
|
|
(268,573 |
) |
|
|
35.5 |
|
| Toray Industries, Inc. |
|
|
(18,800 |
) |
|
|
(132,862 |
) |
|
|
17.6 |
|
| Toyo Suisan Kaisha Ltd. |
|
|
(5,600 |
) |
|
|
(235,788 |
) |
|
|
31.2 |
|
| United Urban Investment Corp. |
|
|
(424 |
) |
|
|
(855,390 |
) |
|
|
113.0 |
|
| USS Co. Ltd. |
|
|
(84,400 |
) |
|
|
(1,634,674 |
) |
|
|
216.0 |
|
| Yaskawa Electric Corp. |
|
|
(15,200 |
) |
|
|
(578,173 |
) |
|
|
76.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(37,524,215 |
) |
|
|
|
|
|
| Luxembourg |
|
| SES SA |
|
|
(12,057 |
) |
|
|
(233,724 |
) |
|
|
30.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Netherlands |
|
| Adyen NV |
|
|
(399 |
) |
|
|
(280,902 |
) |
|
|
37.1 |
|
| Boskalis Westminster |
|
|
(21,232 |
) |
|
|
(467,339 |
) |
|
|
61.7 |
|
| InterXion Holding NV |
|
|
(39,816 |
) |
|
|
(3,512,567 |
) |
|
|
464.1 |
|
| OCI NV |
|
|
(33,551 |
) |
|
|
(754,373 |
) |
|
|
99.7 |
|
| SBM Offshore NV |
|
|
(13,062 |
) |
|
|
(225,261 |
) |
|
|
29.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,240,442 |
) |
|
|
|
|
|
| Norway |
|
| Mowi ASA |
|
|
(49,211 |
) |
|
|
(1,201,337 |
) |
|
|
158.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Singapore |
|
| City Developments Ltd. |
|
|
(467,300 |
) |
|
|
(3,700,638 |
) |
|
|
489.0 |
|
| Mapletree Commercial Trust (Expires 11/07/19) |
|
|
(17,473 |
) |
|
|
(1,156 |
) |
|
|
0.2 |
|
| Mapletree Logistics Trust |
|
|
(2,448,900 |
) |
|
|
(3,022,689 |
) |
|
|
399.4 |
|
| Wilmar International Ltd. |
|
|
(804,100 |
) |
|
|
(2,210,855 |
) |
|
|
292.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8,935,338 |
) |
|
|
|
|
|
| Spain |
|
| Indra Sistemas SA |
|
|
(16,528 |
) |
|
|
(159,662 |
) |
|
|
21.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sweden |
|
| Atlas Copco AB, -B Shares |
|
|
(19,282 |
) |
|
|
(598,288 |
) |
|
|
79.1 |
|
| Electrolux AB, Series B |
|
|
(32,687 |
) |
|
|
(859,385 |
) |
|
|
113.5 |
|
| JM AB |
|
|
(81,947 |
) |
|
|
(2,099,212 |
) |
|
|
277.4 |
|
| Skanska AB, -B Shares |
|
|
(78,305 |
) |
|
|
(1,668,432 |
) |
|
|
220.5 |
|
| Svenska Cellulosa AB SCA, Class B |
|
|
(93,334 |
) |
|
|
(952,392 |
) |
|
|
125.8 |
|
| Svenska Handelsbanken AB, -A Shares |
|
|
(198,353 |
) |
|
|
(1,990,632 |
) |
|
|
263.0 |
|
| Telia Co. AB |
|
|
(35,492 |
) |
|
|
(156,036 |
) |
|
|
20.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8,324,377 |
) |
|
|
|
|
|
| Switzerland |
|
| Baloise Holding AG |
|
|
(2,900 |
) |
|
|
(536,365 |
) |
|
|
70.9 |
|
| EMS-Chemie Holding AG |
|
|
(126 |
) |
|
|
(78,939 |
) |
|
|
10.4 |
|
| Georg Fischer AG, Registered Shares |
|
|
(609 |
) |
|
|
(581,626 |
) |
|
|
76.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Switzerland (continued) |
|
| Helvetia Holding AG, Registered Share |
|
|
(1,233 |
) |
|
$ |
(173,196 |
) |
|
|
22.9 |
% |
| Lonza Group AG, Registered Shares |
|
|
(12,966 |
) |
|
|
(4,673,367 |
) |
|
|
617.5 |
|
| SGS SA, Registered Shares |
|
|
(641 |
) |
|
|
(1,671,795 |
) |
|
|
220.9 |
|
| Stadler Rail AG |
|
|
(3,950 |
) |
|
|
(191,874 |
) |
|
|
25.4 |
|
| STMicroelectronics NV |
|
|
(73,943 |
) |
|
|
(1,679,257 |
) |
|
|
221.9 |
|
| STMicroelectronics NV |
|
|
(21,546 |
) |
|
|
(489,015 |
) |
|
|
64.6 |
|
| Swatch Group AG |
|
|
(4,575 |
) |
|
|
(1,268,547 |
) |
|
|
167.6 |
|
| Swatch Group AG, Registered Shares |
|
|
(9,403 |
) |
|
|
(504,813 |
) |
|
|
66.7 |
|
| Swiss Life Holding AG |
|
|
(1,548 |
) |
|
|
(775,264 |
) |
|
|
102.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(12,624,058 |
) |
|
|
|
|
|
| United Kingdom |
|
| ASOS PLC |
|
|
(4,640 |
) |
|
|
(213,296 |
) |
|
|
28.2 |
|
| Avast PLC |
|
|
(15,850 |
) |
|
|
(85,105 |
) |
|
|
11.2 |
|
| Barclays PLC |
|
|
(1,334,048 |
) |
|
|
(2,893,646 |
) |
|
|
382.3 |
|
| Beazley PLC |
|
|
(409,581 |
) |
|
|
(3,112,947 |
) |
|
|
411.3 |
|
| Capita PLC |
|
|
(695,892 |
) |
|
|
(1,407,668 |
) |
|
|
186.0 |
|
| CNH Industrial NV |
|
|
(88,296 |
) |
|
|
(961,336 |
) |
|
|
127.0 |
|
| Domino’s Pizza Group PLC |
|
|
(181,196 |
) |
|
|
(671,449 |
) |
|
|
88.7 |
|
| Hays PLC |
|
|
(146,406 |
) |
|
|
(297,946 |
) |
|
|
39.4 |
|
| Janus Henderson Group PLC |
|
|
(8,538 |
) |
|
|
(197,484 |
) |
|
|
26.1 |
|
| Legal & General Group PLC |
|
|
(764,254 |
) |
|
|
(2,612,479 |
) |
|
|
345.2 |
|
| Lloyds Banking Group PLC |
|
|
(1,671,652 |
) |
|
|
(1,229,677 |
) |
|
|
162.5 |
|
| Melrose Industries PLC |
|
|
(693,277 |
) |
|
|
(1,916,001 |
) |
|
|
253.2 |
|
| Mondi PLC |
|
|
(101,683 |
) |
|
|
(2,108,285 |
) |
|
|
278.6 |
|
| Ocado Group PLC |
|
|
(162,745 |
) |
|
|
(2,805,118 |
) |
|
|
370.6 |
|
| Pentair PLC |
|
|
(36,688 |
) |
|
|
(1,521,451 |
) |
|
|
201.0 |
|
| Phoenix Group Holdings PLC |
|
|
(256,285 |
) |
|
|
(2,340,942 |
) |
|
|
309.3 |
|
| Quilter PLC |
|
|
(96,949 |
) |
|
|
(172,017 |
) |
|
|
22.7 |
|
| Reckitt Benckiser Group PLC |
|
|
(4,545 |
) |
|
|
(351,700 |
) |
|
|
46.5 |
|
| RELX PLC |
|
|
(149,866 |
) |
|
|
(3,606,219 |
) |
|
|
476.5 |
|
| Rolls-Royce Group PLC |
|
|
(384,422 |
) |
|
|
(498 |
) |
|
|
0.1 |
|
| Royal Bank of Scotland Group PLC |
|
|
(326,182 |
) |
|
|
(901,645 |
) |
|
|
119.1 |
|
| Schroders PLC |
|
|
(18,079 |
) |
|
|
(724,776 |
) |
|
|
95.8 |
|
| Segro PLC |
|
|
(64,956 |
) |
|
|
(710,316 |
) |
|
|
93.9 |
|
| St. James’s Place PLC |
|
|
(239,411 |
) |
|
|
(3,229,190 |
) |
|
|
426.7 |
|
| Standard Life Aberdeen PLC |
|
|
(320,643 |
) |
|
|
(1,260,660 |
) |
|
|
166.6 |
|
| Travis Perkins PLC |
|
|
(3,759 |
) |
|
|
(69,820 |
) |
|
|
9.2 |
|
| Tritax Big Box REIT PLC |
|
|
(8,988 |
) |
|
|
(17,506 |
) |
|
|
2.3 |
|
| Weir Group PLC |
|
|
(42,079 |
) |
|
|
(734,995 |
) |
|
|
97.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(36,154,172 |
) |
|
|
|
|
|
| United States |
|
| Aaron’s, Inc. |
|
|
(772 |
) |
|
|
(57,846 |
) |
|
|
7.6 |
|
| Acadia Healthcare Co., Inc. |
|
|
(12,672 |
) |
|
|
(380,033 |
) |
|
|
50.2 |
|
| AECOM |
|
|
(691 |
) |
|
|
(27,647 |
) |
|
|
3.7 |
|
| Aflac, Inc. |
|
|
(14,202 |
) |
|
|
(754,978 |
) |
|
|
99.8 |
|
| Air Lease Corp. |
|
|
(43,301 |
) |
|
|
(1,904,378 |
) |
|
|
251.6 |
|
| Align Technology, Inc. |
|
|
(3,005 |
) |
|
|
(758,131 |
) |
|
|
100.2 |
|
| Alteryx, Inc., Class A |
|
|
(1,432 |
) |
|
|
(131,028 |
) |
|
|
17.3 |
|
| American Airlines Group, Inc. |
|
|
(35,283 |
) |
|
|
(1,060,607 |
) |
|
|
140.1 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| American Electric Power Co., Inc. |
|
|
(2,862 |
) |
|
$ |
(270,144 |
) |
|
|
35.7 |
% |
| American Homes 4 Rent |
|
|
(5,933 |
) |
|
|
(157,047 |
) |
|
|
20.7 |
|
| Ameriprise Financial, Inc. |
|
|
(102 |
) |
|
|
(15,391 |
) |
|
|
2.0 |
|
| Amphenol Corp., Class A |
|
|
(12,093 |
) |
|
|
(1,213,291 |
) |
|
|
160.3 |
|
| Apartment Investment & Management Co., Class A |
|
|
(750 |
) |
|
|
(41,160 |
) |
|
|
5.4 |
|
| Appian Corp. |
|
|
(7,196 |
) |
|
|
(321,229 |
) |
|
|
42.4 |
|
| Archer-Daniels-Midland Co. |
|
|
(69,804 |
) |
|
|
(2,934,560 |
) |
|
|
387.7 |
|
| Arconic, Inc. |
|
|
(103,412 |
) |
|
|
(2,840,728 |
) |
|
|
375.3 |
|
| Arista Networks, Inc. |
|
|
(501 |
) |
|
|
(122,530 |
) |
|
|
16.2 |
|
| Atmos Energy Corp. |
|
|
(3,282 |
) |
|
|
(369,159 |
) |
|
|
48.8 |
|
| Avalonbay Communities, Inc. |
|
|
(3,243 |
) |
|
|
(705,871 |
) |
|
|
93.3 |
|
| Bank of America Corp. |
|
|
(93,977 |
) |
|
|
(2,938,661 |
) |
|
|
388.3 |
|
| Baxter International, Inc. |
|
|
(8,100 |
) |
|
|
(621,270 |
) |
|
|
82.1 |
|
| Best Buy Co., Inc. |
|
|
(3,931 |
) |
|
|
(282,364 |
) |
|
|
37.3 |
|
| Boston Properties, Inc. |
|
|
(538 |
) |
|
|
(73,814 |
) |
|
|
9.8 |
|
| Boston Scientific Corp. |
|
|
(42,054 |
) |
|
|
(1,753,652 |
) |
|
|
231.7 |
|
| Brink’s Co. |
|
|
(231 |
) |
|
|
(19,626 |
) |
|
|
2.6 |
|
| Capri Holdings Ltd. |
|
|
(16,381 |
) |
|
|
(508,958 |
) |
|
|
67.2 |
|
| Carvana Co. |
|
|
(16,422 |
) |
|
|
(1,331,496 |
) |
|
|
175.9 |
|
| Caterpillar, Inc. |
|
|
(1,354 |
) |
|
|
(186,581 |
) |
|
|
24.7 |
|
| CDK Global, Inc. |
|
|
(12,622 |
) |
|
|
(637,916 |
) |
|
|
84.3 |
|
| Cheniere Energy, Inc. |
|
|
(57,939 |
) |
|
|
(3,566,145 |
) |
|
|
471.2 |
|
| Chewy, Inc., Class A |
|
|
(45,124 |
) |
|
|
(1,113,209 |
) |
|
|
147.1 |
|
| Cimarex Energy Co. |
|
|
(15,889 |
) |
|
|
(670,834 |
) |
|
|
88.6 |
|
| Cloudflare, Inc., Class A |
|
|
(70,968 |
) |
|
|
(1,195,101 |
) |
|
|
157.9 |
|
| CMS Energy Corp. |
|
|
(27,595 |
) |
|
|
(1,763,872 |
) |
|
|
233.1 |
|
| Consolidated Edison, Inc. |
|
|
(18,615 |
) |
|
|
(1,716,675 |
) |
|
|
226.8 |
|
| Corteva, Inc. |
|
|
(5,920 |
) |
|
|
(156,170 |
) |
|
|
20.6 |
|
| Coty, Inc., Class A |
|
|
(34,609 |
) |
|
|
(404,579 |
) |
|
|
53.5 |
|
| Cummins, Inc. |
|
|
(1,378 |
) |
|
|
(237,677 |
) |
|
|
31.4 |
|
| Datadog, Inc., Class A |
|
|
(4,082 |
) |
|
|
(137,114 |
) |
|
|
18.1 |
|
| Deere & Co. |
|
|
(8,298 |
) |
|
|
(1,445,014 |
) |
|
|
190.9 |
|
| Dentsply Sirona, Inc. |
|
|
(3,255 |
) |
|
|
(178,309 |
) |
|
|
23.6 |
|
| Domino’s Pizza, Inc. |
|
|
(412 |
) |
|
|
(111,907 |
) |
|
|
14.8 |
|
| Dow Inc. |
|
|
(2,319 |
) |
|
|
(117,086 |
) |
|
|
15.5 |
|
| Duke Realty Corp. |
|
|
(5,739 |
) |
|
|
(201,668 |
) |
|
|
26.6 |
|
| Dynatrace, Inc. |
|
|
(2,191 |
) |
|
|
(44,324 |
) |
|
|
5.9 |
|
| Edison International |
|
|
(1,158 |
) |
|
|
(72,838 |
) |
|
|
9.6 |
|
| Eldorado Resorts, Inc. |
|
|
(14,455 |
) |
|
|
(647,150 |
) |
|
|
85.5 |
|
| Element Solutions, Inc. |
|
|
(7,562 |
) |
|
|
(82,123 |
) |
|
|
10.9 |
|
| Eli Lilly & Co. |
|
|
(4,968 |
) |
|
|
(566,104 |
) |
|
|
74.8 |
|
| Emerson Electric Co. |
|
|
(96,930 |
) |
|
|
(6,799,640 |
) |
|
|
898.4 |
|
| Enphase Energy, Inc. |
|
|
(15,471 |
) |
|
|
(300,602 |
) |
|
|
39.7 |
|
| Entergy Corp. |
|
|
(31,113 |
) |
|
|
(3,779,607 |
) |
|
|
499.4 |
|
| Equity Residential |
|
|
(811 |
) |
|
|
(71,903 |
) |
|
|
9.5 |
|
| Erie Indemnity Co., Class A |
|
|
(178 |
) |
|
|
(32,800 |
) |
|
|
4.3 |
|
| Everbridge, Inc. |
|
|
(1,226 |
) |
|
|
(85,219 |
) |
|
|
11.3 |
|
| Eversource Energy |
|
|
(22,765 |
) |
|
|
(1,906,341 |
) |
|
|
251.9 |
|
| Exelon Corp. |
|
|
(34,572 |
) |
|
|
(1,572,680 |
) |
|
|
207.8 |
|
| Fastenal Co. |
|
|
(45,732 |
) |
|
|
(1,643,608 |
) |
|
|
217.2 |
|
| Federal Realty Investment Trust |
|
|
(5,573 |
) |
|
|
(757,984 |
) |
|
|
100.2 |
|
| FireEye, Inc. |
|
|
(3,047 |
) |
|
|
(48,264 |
) |
|
|
6.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| First Citizens BancShares, Inc., Class A |
|
|
(46 |
) |
|
$ |
(22,628 |
) |
|
|
3.0 |
% |
| First Solar, Inc. |
|
|
(99,139 |
) |
|
|
(5,134,409 |
) |
|
|
678.4 |
|
| FirstEnergy Corp. |
|
|
(79,096 |
) |
|
|
(3,821,919 |
) |
|
|
505.0 |
|
| Flex Ltd. |
|
|
(29,108 |
) |
|
|
(342,019 |
) |
|
|
45.2 |
|
| FLIR Systems, Inc. |
|
|
(5,909 |
) |
|
|
(304,668 |
) |
|
|
40.3 |
|
| Fox Corp., Class A |
|
|
(25,404 |
) |
|
|
(813,944 |
) |
|
|
107.5 |
|
| Fox Corp., Class B |
|
|
(43,378 |
) |
|
|
(1,355,129 |
) |
|
|
179.1 |
|
| Franklin Resources, Inc. |
|
|
(8,468 |
) |
|
|
(233,293 |
) |
|
|
30.8 |
|
| GCI Liberty, Inc., Class A |
|
|
(69,539 |
) |
|
|
(4,866,339 |
) |
|
|
643.0 |
|
| General Electric Co. |
|
|
(65,149 |
) |
|
|
(650,187 |
) |
|
|
85.9 |
|
| Grocery Outlet Holding Corp. |
|
|
(3,054 |
) |
|
|
(97,423 |
) |
|
|
12.9 |
|
| Guardant Health, Inc. |
|
|
(22,011 |
) |
|
|
(1,529,765 |
) |
|
|
202.1 |
|
| Guidewire Software, Inc. |
|
|
(252 |
) |
|
|
(28,410 |
) |
|
|
3.8 |
|
| Healthcare Trust of America, Inc., Class A |
|
|
(17,462 |
) |
|
|
(541,322 |
) |
|
|
71.5 |
|
| Hess Corp. |
|
|
(29,723 |
) |
|
|
(1,954,287 |
) |
|
|
258.2 |
|
| Hewlett Packard Enterprise Co. |
|
|
(40,910 |
) |
|
|
(671,333 |
) |
|
|
88.7 |
|
| Horizon Therapeutics PLC |
|
|
(8,094 |
) |
|
|
(233,998 |
) |
|
|
30.9 |
|
| Howard Hughes Corp. |
|
|
(1,539 |
) |
|
|
(172,091 |
) |
|
|
22.7 |
|
| Huntington Ingalls Industries, Inc. |
|
|
(9,663 |
) |
|
|
(2,180,553 |
) |
|
|
288.1 |
|
| Hyatt Hotels Corp., Class A |
|
|
(19,161 |
) |
|
|
(1,432,093 |
) |
|
|
189.2 |
|
| IAA, Inc. |
|
|
(2,287 |
) |
|
|
(87,249 |
) |
|
|
11.5 |
|
| Ingersoll-Rand PLC |
|
|
(863 |
) |
|
|
(109,506 |
) |
|
|
14.5 |
|
| Iridium Communications, Inc. |
|
|
(9,791 |
) |
|
|
(239,586 |
) |
|
|
31.7 |
|
| Jabil Circuit, Inc. |
|
|
(11,506 |
) |
|
|
(423,651 |
) |
|
|
56.0 |
|
| Jacobs Engineering Group, Inc. |
|
|
(2,858 |
) |
|
|
(267,452 |
) |
|
|
35.3 |
|
| JBG SMITH Properties |
|
|
(158,956 |
) |
|
|
(6,399,569 |
) |
|
|
845.6 |
|
| JPMorgan Chase & Co. |
|
|
(12,163 |
) |
|
|
(1,519,402 |
) |
|
|
200.8 |
|
| Kinder Morgan, Inc. |
|
|
(29,965 |
) |
|
|
(598,701 |
) |
|
|
79.1 |
|
| Las Vegas Sands Corp. |
|
|
(53,190 |
) |
|
|
(3,289,270 |
) |
|
|
434.6 |
|
| Liberty Broadband Corp. |
|
|
(4,259 |
) |
|
|
(502,860 |
) |
|
|
66.4 |
|
| Liberty Media Corp-Liberty Formula One, Class C |
|
|
(22,633 |
) |
|
|
(961,903 |
) |
|
|
127.1 |
|
| Liberty Media Corp-Liberty SiriusXM |
|
|
(24,410 |
) |
|
|
(1,103,088 |
) |
|
|
145.8 |
|
| Lincoln Electric Holdings, Inc. |
|
|
(534 |
) |
|
|
(47,830 |
) |
|
|
6.3 |
|
| LiveRamp Holdings, Inc. |
|
|
(8,085 |
) |
|
|
(316,043 |
) |
|
|
41.8 |
|
| Loews Corp. |
|
|
(10,431 |
) |
|
|
(511,119 |
) |
|
|
67.5 |
|
| LPL Financial Holdings, Inc. |
|
|
(8,497 |
) |
|
|
(686,897 |
) |
|
|
90.8 |
|
| Madison Square Garden Co., Class A |
|
|
(3,051 |
) |
|
|
(814,373 |
) |
|
|
107.6 |
|
| Magnolia Oil & Gas Corp., Class A |
|
|
(7,839 |
) |
|
|
(76,979 |
) |
|
|
10.2 |
|
| Marriott Vacations Worldwide Corp. |
|
|
(12,673 |
) |
|
|
(1,393,143 |
) |
|
|
184.1 |
|
| McKesson Corp. |
|
|
(13,059 |
) |
|
|
(1,736,847 |
) |
|
|
229.5 |
|
| Medallia, Inc. |
|
|
(17,841 |
) |
|
|
(518,816 |
) |
|
|
68.6 |
|
| Micron Technology, Inc. |
|
|
(2,558 |
) |
|
|
(121,633 |
) |
|
|
16.1 |
|
| Mid-America Apartment Communities, Inc. |
|
|
(2,790 |
) |
|
|
(387,782 |
) |
|
|
51.2 |
|
| MKS Instruments, Inc. |
|
|
(5,931 |
) |
|
|
(641,853 |
) |
|
|
84.8 |
|
| Molina Healthcare, Inc. |
|
|
(897 |
) |
|
|
(105,523 |
) |
|
|
13.9 |
|
| MongoDB, Inc. |
|
|
(180 |
) |
|
|
(22,999 |
) |
|
|
3.0 |
|
| Monster Beverage Corp. |
|
|
(43,872 |
) |
|
|
(2,462,535 |
) |
|
|
325.4 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Netflix, Inc. |
|
|
(3,025 |
) |
|
$ |
(869,415 |
) |
|
|
114.9 |
% |
| New York Times Co. |
|
|
(510 |
) |
|
|
(15,759 |
) |
|
|
2.1 |
|
| NextEra Energy, Inc. |
|
|
(8,493 |
) |
|
|
(2,024,222 |
) |
|
|
267.5 |
|
| NiSource, Inc. |
|
|
(120,882 |
) |
|
|
(3,389,531 |
) |
|
|
447.9 |
|
| Norfolk Southern Corp. |
|
|
(20,459 |
) |
|
|
(3,723,538 |
) |
|
|
492.0 |
|
| Northern Trust Corp. |
|
|
(3,918 |
) |
|
|
(390,546 |
) |
|
|
51.6 |
|
| Nutanix, Inc., Class A |
|
|
(914 |
) |
|
|
(26,707 |
) |
|
|
3.5 |
|
| Occidental Petroleum Corp. |
|
|
(53,413 |
) |
|
|
(2,163,227 |
) |
|
|
285.8 |
|
| Omega Healthcare Investors, Inc. |
|
|
(51,219 |
) |
|
|
(2,255,685 |
) |
|
|
298.0 |
|
| ONE Gas, Inc. |
|
|
(1,495 |
) |
|
|
(138,796 |
) |
|
|
18.3 |
|
| Parker-Hannifin Corp. |
|
|
(40 |
) |
|
|
(7,340 |
) |
|
|
1.0 |
|
| Peloton Interactive, Inc., Class A |
|
|
(72,435 |
) |
|
|
(1,729,023 |
) |
|
|
228.5 |
|
| Perspecta, Inc. |
|
|
(4,128 |
) |
|
|
(109,557 |
) |
|
|
14.5 |
|
| Pioneer Natural Resources Co. |
|
|
(8,754 |
) |
|
|
(1,076,917 |
) |
|
|
142.3 |
|
| Post Holdings, Inc. |
|
|
(9,532 |
) |
|
|
(980,843 |
) |
|
|
129.6 |
|
| Primerica, Inc. |
|
|
(2,695 |
) |
|
|
(340,055 |
) |
|
|
44.9 |
|
| Progressive Corp. |
|
|
(5,729 |
) |
|
|
(399,311 |
) |
|
|
52.8 |
|
| Public Service Enterprise Group, Inc. |
|
|
(50,404 |
) |
|
|
(3,191,077 |
) |
|
|
421.6 |
|
| Qualys, Inc. |
|
|
(215 |
) |
|
|
(18,346 |
) |
|
|
2.4 |
|
| Quanta Services, Inc. |
|
|
(100,097 |
) |
|
|
(4,209,079 |
) |
|
|
556.1 |
|
| Realty Income Corp. |
|
|
(1,411 |
) |
|
|
(115,406 |
) |
|
|
15.2 |
|
| Reata Pharmaceuticals, Inc., Class A |
|
|
(1,025 |
) |
|
|
(211,232 |
) |
|
|
27.9 |
|
| Reliance Worldwide Corp. Ltd. |
|
|
(15,959 |
) |
|
|
(46,439 |
) |
|
|
6.1 |
|
| Rexford Industrial Realty, Inc. |
|
|
(578 |
) |
|
|
(27,796 |
) |
|
|
3.7 |
|
| Rogers Corp. |
|
|
(7,090 |
) |
|
|
(960,553 |
) |
|
|
126.9 |
|
| Roku, Inc. |
|
|
(10,423 |
) |
|
|
(1,534,266 |
) |
|
|
202.7 |
|
| Rollins, Inc. |
|
|
(6,620 |
) |
|
|
(252,288 |
) |
|
|
33.3 |
|
| Sanderson Farms, Inc. |
|
|
(11,174 |
) |
|
|
(1,729,847 |
) |
|
|
228.6 |
|
| Santander Consumer USA Holdings, Inc. |
|
|
(5,571 |
) |
|
|
(139,721 |
) |
|
|
18.5 |
|
| Seagate Technology PLC |
|
|
(4,936 |
) |
|
|
(286,436 |
) |
|
|
37.8 |
|
| Skyworks Solutions, Inc. |
|
|
(3,346 |
) |
|
|
(304,687 |
) |
|
|
40.3 |
|
| Slack Technologies, Inc., Class A |
|
|
(68,479 |
) |
|
|
(1,506,538 |
) |
|
|
199.1 |
|
| Smartsheet, Inc., Class A |
|
|
(878 |
) |
|
|
(34,593 |
) |
|
|
4.6 |
|
| SmileDirectClub, Inc. |
|
|
(79,973 |
) |
|
|
(935,284 |
) |
|
|
123.6 |
|
| SolarEdge Technologies, Inc. |
|
|
(2,659 |
) |
|
|
(225,909 |
) |
|
|
29.8 |
|
| Southern Co. |
|
|
(19,436 |
) |
|
|
(1,217,860 |
) |
|
|
160.9 |
|
| Spirit Airlines, Inc. |
|
|
(6,972 |
) |
|
|
(261,868 |
) |
|
|
34.6 |
|
| Spotify Technology SA |
|
|
(2,438 |
) |
|
|
(351,803 |
) |
|
|
46.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| United States (continued) |
|
| Stericycle, Inc. |
|
|
(80,757 |
) |
|
$ |
(4,651,603 |
) |
|
|
614.6 |
% |
| Store Capital Corp. |
|
|
(1,087 |
) |
|
|
(44,023 |
) |
|
|
5.8 |
|
| Sun Communities, Inc. |
|
|
(14,056 |
) |
|
|
(2,286,208 |
) |
|
|
302.1 |
|
| T-Mobile U.S., Inc. |
|
|
(91,649 |
) |
|
|
(7,575,706 |
) |
|
|
1,001.0 |
|
| Tandem Diabetes Care, Inc. |
|
|
(9,272 |
) |
|
|
(570,970 |
) |
|
|
75.4 |
|
| Toro Co. |
|
|
(8,680 |
) |
|
|
(669,488 |
) |
|
|
88.5 |
|
| Trade Desk, Inc., Class A |
|
|
(3,251 |
) |
|
|
(652,801 |
) |
|
|
86.3 |
|
| Transocean Ltd. |
|
|
(93,668 |
) |
|
|
(444,923 |
) |
|
|
58.8 |
|
| TreeHouse Foods, Inc. |
|
|
(1,695 |
) |
|
|
(91,564 |
) |
|
|
12.1 |
|
| Trinity Industries, Inc. |
|
|
(1,667 |
) |
|
|
(32,973 |
) |
|
|
4.4 |
|
| Tyler Technologies, Inc. |
|
|
(88 |
) |
|
|
(23,630 |
) |
|
|
3.1 |
|
| Tyson Foods, Inc., Class A |
|
|
(26,776 |
) |
|
|
(2,216,785 |
) |
|
|
292.9 |
|
| Ubiquiti, Inc. |
|
|
(2,057 |
) |
|
|
(260,396 |
) |
|
|
34.4 |
|
| Union Pacific Corp. |
|
|
(12,941 |
) |
|
|
(2,141,218 |
) |
|
|
282.9 |
|
| Universal Display Corp. |
|
|
(190 |
) |
|
|
(38,034 |
) |
|
|
5.0 |
|
| Urban Outfitters, Inc. |
|
|
(7,799 |
) |
|
|
(223,831 |
) |
|
|
29.6 |
|
| VEREIT, Inc. |
|
|
(36,286 |
) |
|
|
(357,054 |
) |
|
|
47.2 |
|
| Vishay Intertechnology, Inc. |
|
|
(18,130 |
) |
|
|
(365,320 |
) |
|
|
48.3 |
|
| Vistra Energy Corp. |
|
|
(2,108 |
) |
|
|
(56,979 |
) |
|
|
7.5 |
|
| Walmart, Inc. |
|
|
(40,452 |
) |
|
|
(4,743,402 |
) |
|
|
626.8 |
|
| Walt Disney Co. |
|
|
(12,950 |
) |
|
|
(1,682,464 |
) |
|
|
222.3 |
|
| Waste Management, Inc. |
|
|
(5,179 |
) |
|
|
(581,136 |
) |
|
|
76.8 |
|
| WEC Energy Group, Inc. |
|
|
(2,401 |
) |
|
|
(226,654 |
) |
|
|
29.9 |
|
| Weyerhaeuser Co. |
|
|
(16,495 |
) |
|
|
(481,819 |
) |
|
|
63.7 |
|
| WP Carey, Inc. |
|
|
(57,046 |
) |
|
|
(5,251,655 |
) |
|
|
693.9 |
|
| WPX Energy, Inc. |
|
|
(218,796 |
) |
|
|
(2,183,584 |
) |
|
|
288.5 |
|
| Wright Medical Group NV |
|
|
(74,769 |
) |
|
|
(1,555,195 |
) |
|
|
205.5 |
|
| Wyndham Hotels & Resorts, Inc. |
|
|
(3,822 |
) |
|
|
(206,273 |
) |
|
|
27.3 |
|
| Wynn Resorts Ltd. |
|
|
(6,359 |
) |
|
|
(771,601 |
) |
|
|
102.0 |
|
| Xerox Holdings Corp. |
|
|
(2,229 |
) |
|
|
(75,630 |
) |
|
|
10.0 |
|
| Zillow Group, Inc., Class C |
|
|
(20,208 |
) |
|
|
(658,175 |
) |
|
|
87.0 |
|
| Zoom Video Communications, Inc., Class A |
|
|
(11,603 |
) |
|
|
(810,934 |
) |
|
|
107.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(184,712,590 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Short |
|
|
|
|
|
|
(354,362,119 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Value of Reference Entity — Goldman Sachs & Co. |
|
|
$ |
(756,824 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| The following table represents the individual short positions and related values of the equity securities underlying the total return
swap with Goldman Sachs & Co. as of October 31, 2019 expiration dates 09/11/29 — 02/27/23: |
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
| Reference Entity — Short |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
|
|
|
|
|
|
|
|
| Apartment Investment & Management Co., Class A |
|
|
(14 |
) |
|
$ |
(768 |
) |
|
|
100.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Short |
|
|
|
|
|
|
(768 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Value of Reference Entity — Goldman
Sachs & Co. |
|
|
$ |
(768 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
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 October 31, 2019 expiration dates 06/12/23:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Reference Entity — Long |
|
|
|
|
|
| Australia |
|
|
|
|
|
|
|
|
|
| Adelaide Brighton Ltd. |
|
|
106,180 |
|
|
$ |
225,519 |
|
|
|
(69.9 |
)% |
| AGL Energy Ltd. |
|
|
36,435 |
|
|
|
497,360 |
|
|
|
(154.1 |
) |
| ALS Ltd. |
|
|
22,392 |
|
|
|
124,535 |
|
|
|
(38.6 |
) |
| Ansell Ltd. |
|
|
1,061 |
|
|
|
20,177 |
|
|
|
(6.2 |
) |
| Aristocrat Leisure Ltd. |
|
|
89,828 |
|
|
|
1,958,702 |
|
|
|
(606.7 |
) |
| AusNet Services |
|
|
740,128 |
|
|
|
945,416 |
|
|
|
(292.8 |
) |
| Challenger Ltd. |
|
|
7,649 |
|
|
|
41,953 |
|
|
|
(13.0 |
) |
| Cochlear Ltd. |
|
|
776 |
|
|
|
113,211 |
|
|
|
(35.1 |
) |
| CSR Ltd. |
|
|
157,531 |
|
|
|
450,291 |
|
|
|
(139.5 |
) |
| Fortescue Metals Group Ltd. |
|
|
28,334 |
|
|
|
173,422 |
|
|
|
(53.7 |
) |
| Harvey Norman Holdings Ltd. |
|
|
18,844 |
|
|
|
53,169 |
|
|
|
(16.5 |
) |
| Independence Group NL |
|
|
42,781 |
|
|
|
187,362 |
|
|
|
(58.0 |
) |
| Macquarie Group Ltd. |
|
|
1,913 |
|
|
|
176,641 |
|
|
|
(54.7 |
) |
| Magellan Financial Group Ltd. |
|
|
1,565 |
|
|
|
51,908 |
|
|
|
(16.1 |
) |
| REA Group Ltd. |
|
|
1,321 |
|
|
|
99,140 |
|
|
|
(30.7 |
) |
| Scentre Group |
|
|
547,213 |
|
|
|
1,445,816 |
|
|
|
(447.9 |
) |
| Spark Infrastructure Group |
|
|
37,319 |
|
|
|
52,042 |
|
|
|
(16.1 |
) |
| Treasury Wine Estates Ltd. |
|
|
13,228 |
|
|
|
160,365 |
|
|
|
(49.7 |
) |
| Vicinity Centres |
|
|
229,632 |
|
|
|
422,689 |
|
|
|
(130.9 |
) |
| WiseTech Global Ltd. |
|
|
6,246 |
|
|
|
112,170 |
|
|
|
(34.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,311,888 |
|
|
|
|
|
|
|
|
|
| Belgium |
|
|
|
|
|
|
|
|
|
| Groupe Bruxelles Lambert SA |
|
|
10,715 |
|
|
|
1,076,384 |
|
|
|
(333.4 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Canada |
|
|
|
|
|
|
|
|
|
| CCL Industries, Inc., Class B |
|
|
5,507 |
|
|
|
226,660 |
|
|
|
(70.2 |
) |
| FirstService Corp. |
|
|
3,966 |
|
|
|
346,163 |
|
|
|
(107.2 |
) |
| Franco-Nevada Corp. |
|
|
3,282 |
|
|
|
318,457 |
|
|
|
(98.6 |
) |
| Nutrien Ltd. |
|
|
8,316 |
|
|
|
397,837 |
|
|
|
(123.2 |
) |
| Open Text Corp. |
|
|
1,700 |
|
|
|
68,692 |
|
|
|
(21.3 |
) |
| Restaurant Brands International, Inc. |
|
|
16,768 |
|
|
|
1,097,030 |
|
|
|
(339.8 |
) |
| TC Energy Corp. |
|
|
1,464 |
|
|
|
73,795 |
|
|
|
(22.9 |
) |
| Teck Resources Ltd., Class B |
|
|
37,496 |
|
|
|
592,716 |
|
|
|
(183.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Canada (continued) |
|
|
|
|
|
|
|
|
|
| TELUS Corp. |
|
|
92,259 |
|
|
$ |
3,281,705 |
|
|
|
(1,016.5 |
)% |
| TFI International, Inc. |
|
|
12,713 |
|
|
|
405,106 |
|
|
|
(125.5 |
) |
| Wheaton Precious Metals Corp. |
|
|
31,865 |
|
|
|
893,217 |
|
|
|
(276.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,701,378 |
|
|
|
|
|
|
|
|
|
| Chile |
|
|
|
|
|
|
|
|
|
| Antofagasta PLC |
|
|
3,174 |
|
|
|
35,748 |
|
|
|
(11.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denmark |
|
|
|
|
|
|
|
|
|
| AP Moeller — Maersk A/S, Class B |
|
|
884 |
|
|
|
1,127,632 |
|
|
|
(349.3 |
) |
| Chr Hansen Holding A/S |
|
|
442 |
|
|
|
33,935 |
|
|
|
(10.5 |
) |
| FLSmidth & Co. A/S |
|
|
9,412 |
|
|
|
337,358 |
|
|
|
(104.5 |
) |
| GN Store Nord A/S |
|
|
8,288 |
|
|
|
364,614 |
|
|
|
(112.9 |
) |
| Royal Unibrew A/S |
|
|
234 |
|
|
|
19,184 |
|
|
|
(6.0 |
) |
| SimCorp A/S |
|
|
4,457 |
|
|
|
398,802 |
|
|
|
(123.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,281,525 |
|
|
|
|
|
|
|
|
|
| Finland |
|
|
|
|
|
|
|
|
|
| Wartsila OYJ Abp |
|
|
3,033 |
|
|
|
32,043 |
|
|
|
(9.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| France |
|
|
|
|
|
|
|
|
|
| Eramet |
|
|
742 |
|
|
|
37,179 |
|
|
|
(11.5 |
) |
| Gaztransport Et Technigaz SA |
|
|
3,175 |
|
|
|
289,682 |
|
|
|
(89.7 |
) |
| Imerys SA |
|
|
26,270 |
|
|
|
1,014,775 |
|
|
|
(314.4 |
) |
| Lagardere SCA |
|
|
34,873 |
|
|
|
779,257 |
|
|
|
(241.4 |
) |
| Nexity SA |
|
|
24,683 |
|
|
|
1,277,548 |
|
|
|
(395.7 |
) |
| Rubis SCA |
|
|
3,317 |
|
|
|
192,345 |
|
|
|
(59.6 |
) |
| Sodexo SA |
|
|
2,510 |
|
|
|
276,021 |
|
|
|
(85.5 |
) |
| Teleperformance |
|
|
785 |
|
|
|
178,104 |
|
|
|
(55.2 |
) |
| Veolia Environnement SA |
|
|
39,796 |
|
|
|
1,047,580 |
|
|
|
(324.5 |
) |
| Wendel SA |
|
|
1,419 |
|
|
|
201,210 |
|
|
|
(62.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,293,701 |
|
|
|
|
|
|
|
|
|
| Germany |
|
|
|
|
|
|
|
|
|
| adidas AG |
|
|
1,704 |
|
|
|
526,145 |
|
|
|
(163.0 |
) |
| Bayer AG, Registered Shares |
|
|
5,733 |
|
|
|
444,744 |
|
|
|
(137.8 |
) |
| CANCOM SE |
|
|
296 |
|
|
|
15,831 |
|
|
|
(4.9 |
) |
| Deutsche Boerse AG |
|
|
739 |
|
|
|
114,441 |
|
|
|
(35.4 |
) |
| Deutsche Post AG, Registered Shares |
|
|
5,332 |
|
|
|
188,886 |
|
|
|
(58.5 |
) |
| DWS Group GmbH & Co. KGaA |
|
|
7,698 |
|
|
|
248,982 |
|
|
|
(77.1 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Germany (continued) |
|
|
|
|
|
|
|
|
|
| Freenet AG |
|
|
16,975 |
|
|
$ |
376,977 |
|
|
|
(116.8 |
)% |
| GEA Group AG |
|
|
7,116 |
|
|
|
217,539 |
|
|
|
(67.4 |
) |
| Grand City Properties SA |
|
|
4,997 |
|
|
|
116,987 |
|
|
|
(36.2 |
) |
| Hochtief AG |
|
|
2,974 |
|
|
|
371,580 |
|
|
|
(115.1 |
) |
| LEG Immobilien AG |
|
|
617 |
|
|
|
70,871 |
|
|
|
(22.0 |
) |
| MTU Aero Engines AG |
|
|
2,763 |
|
|
|
738,912 |
|
|
|
(228.9 |
) |
| Nemetschek SE |
|
|
6,357 |
|
|
|
324,349 |
|
|
|
(100.5 |
) |
| Puma SE |
|
|
6,494 |
|
|
|
488,524 |
|
|
|
(151.3 |
) |
| Rational AG |
|
|
897 |
|
|
|
682,486 |
|
|
|
(211.4 |
) |
| Rheinmetall AG |
|
|
302 |
|
|
|
36,326 |
|
|
|
(11.3 |
) |
| Sartorius AG, Preference Shares |
|
|
923 |
|
|
|
179,359 |
|
|
|
(55.6 |
) |
| Stroeer SE & Co. KGaA |
|
|
6,111 |
|
|
|
492,353 |
|
|
|
(152.5 |
) |
| Telefonica Deutschland Holding AG |
|
|
561,975 |
|
|
|
1,783,162 |
|
|
|
(552.3 |
) |
| TLG Immobilien AG |
|
|
13,574 |
|
|
|
397,401 |
|
|
|
(123.1 |
) |
| Volkswagen AG |
|
|
2,349 |
|
|
|
444,055 |
|
|
|
(137.5 |
) |
| Zalando SE |
|
|
6,200 |
|
|
|
268,813 |
|
|
|
(83.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,528,723 |
|
|
|
|
|
|
|
|
|
| Hong Kong |
|
|
|
|
|
|
|
|
|
| ASM Pacific Technology Ltd. |
|
|
1,900 |
|
|
|
26,529 |
|
|
|
(8.2 |
) |
| Champion REIT |
|
|
27,000 |
|
|
|
17,895 |
|
|
|
(5.5 |
) |
| Hongkong Land Holdings Ltd. |
|
|
18,600 |
|
|
|
102,177 |
|
|
|
(31.7 |
) |
| Hysan Development Co. Ltd. |
|
|
33,000 |
|
|
|
130,061 |
|
|
|
(40.3 |
) |
| New World Development Co. Ltd. |
|
|
96,000 |
|
|
|
137,322 |
|
|
|
(42.5 |
) |
| NWS Holdings Ltd. |
|
|
80,000 |
|
|
|
119,062 |
|
|
|
(36.9 |
) |
| Sino Land Co. Ltd. |
|
|
136,000 |
|
|
|
203,302 |
|
|
|
(63.0 |
) |
| Swire Pacific Ltd., Class A |
|
|
77,500 |
|
|
|
738,752 |
|
|
|
(228.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,475,100 |
|
|
|
|
|
|
|
|
|
| Ireland |
|
|
|
|
|
|
|
|
|
| Kerry Group PLC, Class A |
|
|
3,329 |
|
|
|
402,471 |
|
|
|
(124.7 |
) |
| UDG Healthcare PLC |
|
|
105,439 |
|
|
|
1,056,948 |
|
|
|
(327.4 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,459,419 |
|
|
|
|
|
|
|
|
|
| Italy |
|
|
|
|
|
|
|
|
|
| Ferrari NV |
|
|
501 |
|
|
|
80,239 |
|
|
|
(24.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Japan |
|
|
|
|
|
|
|
|
|
| AEON Financial Service Co. Ltd. |
|
|
44,000 |
|
|
|
670,577 |
|
|
|
(207.7 |
) |
| Aeon Mall Co. Ltd. |
|
|
44,700 |
|
|
|
715,156 |
|
|
|
(221.5 |
) |
| AGC, Inc. |
|
|
4,100 |
|
|
|
144,156 |
|
|
|
(44.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| Benesse Holdings, Inc. |
|
|
3,500 |
|
|
$ |
93,694 |
|
|
|
(29.0 |
)% |
| Calbee, Inc. |
|
|
7,000 |
|
|
|
233,980 |
|
|
|
(72.5 |
) |
| Citizen Watch Co. Ltd. |
|
|
267,000 |
|
|
|
1,419,520 |
|
|
|
(439.7 |
) |
| Daicel Corp. |
|
|
31,400 |
|
|
|
280,698 |
|
|
|
(86.9 |
) |
| Daito Trust Construction Co. Ltd. |
|
|
2,400 |
|
|
|
318,049 |
|
|
|
(98.5 |
) |
| Denka Co. Ltd. |
|
|
15,600 |
|
|
|
450,195 |
|
|
|
(139.5 |
) |
| Dentsu, Inc. |
|
|
700 |
|
|
|
25,025 |
|
|
|
(7.8 |
) |
| DIC Corp. |
|
|
8,600 |
|
|
|
246,348 |
|
|
|
(76.3 |
) |
| Eisai Co. Ltd. |
|
|
600 |
|
|
|
43,433 |
|
|
|
(13.5 |
) |
| Electric Power Development Co. Ltd. |
|
|
48,200 |
|
|
|
1,170,316 |
|
|
|
(362.5 |
) |
| Fuji Media Holdings, Inc. |
|
|
73,800 |
|
|
|
997,229 |
|
|
|
(308.9 |
) |
| Fuji Seal International, Inc. |
|
|
600 |
|
|
|
14,904 |
|
|
|
(4.6 |
) |
| GS Yuasa Corp. |
|
|
8,600 |
|
|
|
156,780 |
|
|
|
(48.6 |
) |
| H2O Retailing Corp. |
|
|
11,100 |
|
|
|
125,891 |
|
|
|
(39.0 |
) |
| Hino Motors Ltd. |
|
|
15,200 |
|
|
|
143,706 |
|
|
|
(44.5 |
) |
| Isetan Mitsukoshi Holdings Ltd. |
|
|
103,300 |
|
|
|
823,835 |
|
|
|
(255.2 |
) |
| Isuzu Motors Ltd. |
|
|
5,100 |
|
|
|
59,262 |
|
|
|
(18.4 |
) |
| Izumi Co. Ltd. |
|
|
10,800 |
|
|
|
406,278 |
|
|
|
(125.8 |
) |
| Japan Airlines Co. Ltd. |
|
|
7,100 |
|
|
|
221,251 |
|
|
|
(68.5 |
) |
| JFE Holdings, Inc. |
|
|
40,300 |
|
|
|
504,058 |
|
|
|
(156.1 |
) |
| JTEKT Corp. |
|
|
1,400 |
|
|
|
17,856 |
|
|
|
(5.5 |
) |
| JXTG Holdings, Inc. |
|
|
86,000 |
|
|
|
401,985 |
|
|
|
(124.5 |
) |
| Kajima Corp. |
|
|
14,700 |
|
|
|
202,016 |
|
|
|
(62.6 |
) |
| Kandenko Co. Ltd. |
|
|
35,400 |
|
|
|
334,720 |
|
|
|
(103.7 |
) |
| Kaneka Corp. |
|
|
10,000 |
|
|
|
332,886 |
|
|
|
(103.1 |
) |
| Kansai Electric Power Co., Inc. |
|
|
81,400 |
|
|
|
949,623 |
|
|
|
(294.2 |
) |
| Kao Corp. |
|
|
9,700 |
|
|
|
779,867 |
|
|
|
(241.6 |
) |
| Kinden Corp. |
|
|
5,700 |
|
|
|
85,744 |
|
|
|
(26.6 |
) |
| Kobe Steel Ltd. |
|
|
101,200 |
|
|
|
544,104 |
|
|
|
(168.5 |
) |
| Konica Minolta, Inc. |
|
|
11,000 |
|
|
|
80,738 |
|
|
|
(25.0 |
) |
| Lintec Corp. |
|
|
70,600 |
|
|
|
1,482,798 |
|
|
|
(459.3 |
) |
| Mabuchi Motor Co. Ltd. |
|
|
700 |
|
|
|
28,362 |
|
|
|
(8.8 |
) |
| Maruha Nichiro Corp. |
|
|
14,700 |
|
|
|
381,793 |
|
|
|
(118.3 |
) |
| Maruichi Steel Tube Ltd. |
|
|
4,400 |
|
|
|
120,157 |
|
|
|
(37.2 |
) |
| Mazda Motor Corp. |
|
|
33,600 |
|
|
|
308,459 |
|
|
|
(95.5 |
) |
| Mitsubishi Motors Corp. |
|
|
77,400 |
|
|
|
353,393 |
|
|
|
(109.5 |
) |
| Mitsubishi Tanabe Pharma Corp. |
|
|
12,100 |
|
|
|
144,816 |
|
|
|
(44.9 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| MS&AD Insurance Group Holdings, Inc. |
|
|
15,900 |
|
|
$ |
513,430 |
|
|
|
(159.0 |
)% |
| Nichirei Corp. |
|
|
1,500 |
|
|
|
34,447 |
|
|
|
(10.7 |
) |
| Nifco, Inc. |
|
|
3,400 |
|
|
|
89,746 |
|
|
|
(27.8 |
) |
| Nikon Corp. |
|
|
8,800 |
|
|
|
112,203 |
|
|
|
(34.8 |
) |
| Nippon Electric Glass Co. Ltd. |
|
|
64,400 |
|
|
|
1,450,710 |
|
|
|
(449.4 |
) |
| Nippon Express Co. Ltd. |
|
|
6,800 |
|
|
|
387,978 |
|
|
|
(120.2 |
) |
| Nippon Shokubai Co. Ltd. |
|
|
8,600 |
|
|
|
530,301 |
|
|
|
(164.3 |
) |
| Nippon Steel Corp. |
|
|
10,100 |
|
|
|
147,415 |
|
|
|
(45.7 |
) |
| Nippon Television Holdings, Inc. |
|
|
23,400 |
|
|
|
306,042 |
|
|
|
(94.8 |
) |
| Nissan Motor Co. Ltd. |
|
|
129,400 |
|
|
|
816,589 |
|
|
|
(252.9 |
) |
| Nitto Denko Corp. |
|
|
3,200 |
|
|
|
177,042 |
|
|
|
(54.8 |
) |
| Oji Holdings Corp. |
|
|
281,500 |
|
|
|
1,455,422 |
|
|
|
(450.8 |
) |
| Otsuka Holdings Co. Ltd. |
|
|
2,300 |
|
|
|
95,888 |
|
|
|
(29.7 |
) |
| Persol Holdings Co. Ltd. |
|
|
10,100 |
|
|
|
194,001 |
|
|
|
(60.1 |
) |
| Pilot Corp. |
|
|
8,000 |
|
|
|
324,461 |
|
|
|
(100.5 |
) |
| Pola Orbis Holdings, Inc. |
|
|
32,100 |
|
|
|
724,362 |
|
|
|
(224.4 |
) |
| Recruit Holdings Co. Ltd. |
|
|
10,700 |
|
|
|
355,604 |
|
|
|
(110.2 |
) |
| Relo Group, Inc. |
|
|
10,500 |
|
|
|
256,971 |
|
|
|
(79.6 |
) |
| Sanwa Holdings Corp. |
|
|
60,700 |
|
|
|
709,924 |
|
|
|
(219.9 |
) |
| Seino Holdings Co Ltd. |
|
|
16,200 |
|
|
|
208,299 |
|
|
|
(64.5 |
) |
| Shikoku Electric Power Co., Inc. |
|
|
9,400 |
|
|
|
93,186 |
|
|
|
(28.9 |
) |
| Shimadzu Corp. |
|
|
1,500 |
|
|
|
40,059 |
|
|
|
(12.4 |
) |
| Shimizu Corp. |
|
|
17,800 |
|
|
|
165,932 |
|
|
|
(51.4 |
) |
| SKY Perfect JSAT Holdings, Inc. |
|
|
52,400 |
|
|
|
216,412 |
|
|
|
(67.0 |
) |
| SMC Corp. |
|
|
200 |
|
|
|
86,408 |
|
|
|
(26.8 |
) |
| Sojitz Corp. |
|
|
6,900 |
|
|
|
21,718 |
|
|
|
(6.7 |
) |
| Sumitomo Heavy Industries Ltd. |
|
|
700 |
|
|
|
21,743 |
|
|
|
(6.7 |
) |
| Sumitomo Rubber Industries Ltd. |
|
|
16,800 |
|
|
|
222,663 |
|
|
|
(69.0 |
) |
| Suntory Beverage & Food Ltd. |
|
|
1,100 |
|
|
|
47,026 |
|
|
|
(14.6 |
) |
| T&D Holdings, Inc. |
|
|
36,900 |
|
|
|
410,982 |
|
|
|
(127.3 |
) |
| Taisho Pharmaceutical Holdings Co. Ltd. |
|
|
13,300 |
|
|
|
946,620 |
|
|
|
(293.2 |
) |
| Takeda Pharmaceutical Co. Ltd. |
|
|
22,700 |
|
|
|
820,220 |
|
|
|
(254.1 |
) |
| Tohoku Electric Power Co., Inc. |
|
|
55,800 |
|
|
|
573,500 |
|
|
|
(177.6 |
) |
| Tokio Marine Holdings, Inc. |
|
|
1,000 |
|
|
|
54,066 |
|
|
|
(16.7 |
) |
| Tokyo Broadcasting System Holdings, Inc. |
|
|
25,800 |
|
|
|
411,392 |
|
|
|
(127.4 |
) |
| Tokyo Electron Ltd. |
|
|
700 |
|
|
|
141,819 |
|
|
|
(43.9 |
) |
| Tosoh Corp. |
|
|
2,200 |
|
|
|
30,124 |
|
|
|
(9.3 |
) |
| TV Asahi Holdings Corp. |
|
|
14,100 |
|
|
|
220,227 |
|
|
|
(68.2 |
) |
| Ube Industries Ltd. |
|
|
6,000 |
|
|
|
128,467 |
|
|
|
(39.8 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| Yamaha Motor Co. Ltd. |
|
|
500 |
|
|
$ |
9,786 |
|
|
|
(3.0 |
)% |
| Yamato Holdings Co. Ltd. |
|
|
65,300 |
|
|
|
1,095,251 |
|
|
|
(339.3 |
) |
| Yamato Kogyo Co. Ltd. |
|
|
8,800 |
|
|
|
228,287 |
|
|
|
(70.7 |
) |
| Z Holdings Corp. |
|
|
11,900 |
|
|
|
36,637 |
|
|
|
(11.3 |
) |
| Zenkoku Hosho Co. Ltd. |
|
|
15,300 |
|
|
|
638,759 |
|
|
|
(197.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31,365,777 |
|
|
|
|
|
|
|
|
|
| Netherlands |
|
|
|
|
|
|
|
|
|
| ABN AMRO Group NV CVA |
|
|
5,484 |
|
|
|
102,222 |
|
|
|
(31.7 |
) |
| Aegon NV |
|
|
167,662 |
|
|
|
727,374 |
|
|
|
(225.3 |
) |
| ASM International NV |
|
|
9,504 |
|
|
|
958,210 |
|
|
|
(296.8 |
) |
| Euronext NV |
|
|
4,029 |
|
|
|
325,028 |
|
|
|
(100.7 |
) |
| Koninklijke DSM NV |
|
|
9,949 |
|
|
|
1,180,826 |
|
|
|
(365.8 |
) |
| NN Group NV |
|
|
14,913 |
|
|
|
569,034 |
|
|
|
(176.2 |
) |
| Royal Dutch Shell PLC, A Shares |
|
|
2,295 |
|
|
|
66,528 |
|
|
|
(20.6 |
) |
| Royal Dutch Shell PLC, B Shares |
|
|
6,999 |
|
|
|
201,569 |
|
|
|
(62.4 |
) |
| Signify NV |
|
|
10,375 |
|
|
|
303,988 |
|
|
|
(94.2 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,434,779 |
|
|
|
|
|
|
|
|
|
| Norway |
|
|
|
|
|
|
|
|
|
| Aker BP ASA |
|
|
7,349 |
|
|
|
203,842 |
|
|
|
(63.1 |
) |
| Leroy Seafood Group ASA |
|
|
103,204 |
|
|
|
693,273 |
|
|
|
(214.8 |
) |
| Norsk Hydro ASA |
|
|
22,329 |
|
|
|
78,901 |
|
|
|
(24.4 |
) |
| Schibsted ASA, Class A |
|
|
33,314 |
|
|
|
978,380 |
|
|
|
(303.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,954,396 |
|
|
|
|
|
|
|
|
|
| Portugal |
|
|
|
|
|
|
|
|
|
| EDP — Energias de Portugal SA |
|
|
27,919 |
|
|
|
115,005 |
|
|
|
(35.6 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Singapore |
|
|
|
|
|
|
|
|
|
| Keppel REIT |
|
|
419,900 |
|
|
|
373,255 |
|
|
|
(115.6 |
) |
| Suntec Real Estate Investment Trust |
|
|
1,226,400 |
|
|
|
1,675,395 |
|
|
|
(519.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,048,650 |
|
|
|
|
|
|
|
|
|
| Spain |
|
|
|
|
|
|
|
|
|
| Acerinox SA |
|
|
58,089 |
|
|
|
544,605 |
|
|
|
(168.7 |
) |
| ACS Actividades de Construccion y Servicios SA |
|
|
7,001 |
|
|
|
284,087 |
|
|
|
(88.0 |
) |
| Applus Services SA |
|
|
30,956 |
|
|
|
374,085 |
|
|
|
(115.8 |
) |
| Cellnex Telecom SA |
|
|
1,622 |
|
|
|
69,987 |
|
|
|
(21.7 |
) |
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Spain (continued) |
|
|
|
|
|
|
|
|
|
| Zardoya Otis SA |
|
|
21,880 |
|
|
$ |
165,896 |
|
|
|
(51.4 |
)% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,438,660 |
|
|
|
|
|
|
|
|
|
| Sweden |
|
|
|
|
|
|
|
|
|
| AAK AB |
|
|
15,694 |
|
|
|
278,397 |
|
|
|
(86.2 |
) |
| Industrivarden AB, Class C |
|
|
12,630 |
|
|
|
273,650 |
|
|
|
(84.8 |
) |
| Kinnevik AB, Class B |
|
|
20,504 |
|
|
|
561,145 |
|
|
|
(173.8 |
) |
| Lundin Petroleum AB |
|
|
3,897 |
|
|
|
129,061 |
|
|
|
(40.0 |
) |
| Nibe Industrier AB, -B Shares |
|
|
30,720 |
|
|
|
420,631 |
|
|
|
(130.3 |
) |
| Saab AB |
|
|
3,901 |
|
|
|
120,471 |
|
|
|
(37.3 |
) |
| SSAB AB, A Shares |
|
|
19,709 |
|
|
|
55,164 |
|
|
|
(17.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,838,519 |
|
|
|
|
|
|
|
|
|
| Switzerland |
|
|
|
|
|
|
|
|
|
| Bucher Industries AG, Registered Shares |
|
|
63 |
|
|
|
19,452 |
|
|
|
(6.0 |
) |
| Coca-Cola HBC AG |
|
|
827 |
|
|
|
25,175 |
|
|
|
(7.8 |
) |
| Dormakaba Holding AG |
|
|
76 |
|
|
|
48,684 |
|
|
|
(15.1 |
) |
| Dufry AG, Registered Shares |
|
|
3,201 |
|
|
|
278,409 |
|
|
|
(86.3 |
) |
| Geberit AG, Registered Shares |
|
|
349 |
|
|
|
177,323 |
|
|
|
(54.9 |
) |
| Glencore PLC |
|
|
24,941 |
|
|
|
75,281 |
|
|
|
(23.3 |
) |
| IWG PLC |
|
|
42,997 |
|
|
|
214,179 |
|
|
|
(66.4 |
) |
| LafargeHolcim Ltd., Registered Shares |
|
|
1,465 |
|
|
|
75,621 |
|
|
|
(23.4 |
) |
| Landis+Gyr Group AG |
|
|
1,786 |
|
|
|
165,836 |
|
|
|
(51.4 |
) |
| PSP Swiss Property AG, Registered Shares |
|
|
1,959 |
|
|
|
259,303 |
|
|
|
(80.3 |
) |
| Schindler Holding AG, Participation Certificates |
|
|
430 |
|
|
|
105,348 |
|
|
|
(32.6 |
) |
| Schindler Holding AG, Registered Shares |
|
|
1,091 |
|
|
|
258,364 |
|
|
|
(80.0 |
) |
| Sunrise Communications Group AG |
|
|
455 |
|
|
|
35,402 |
|
|
|
(11.0 |
) |
| VAT Group AG |
|
|
1,816 |
|
|
|
267,009 |
|
|
|
(82.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,005,386 |
|
|
|
|
|
|
|
|
|
| United Kingdom |
|
|
|
|
|
|
|
|
|
| B&M European Value Retail SA |
|
|
11,460 |
|
|
|
54,978 |
|
|
|
(17.0 |
) |
| Babcock International Group PLC |
|
|
30,658 |
|
|
|
220,192 |
|
|
|
(68.2 |
) |
| Bellway PLC |
|
|
6,419 |
|
|
|
262,726 |
|
|
|
(81.4 |
) |
| Berkeley Group Holdings PLC |
|
|
619 |
|
|
|
35,283 |
|
|
|
(10.9 |
) |
| Centrica PLC |
|
|
106,233 |
|
|
|
99,972 |
|
|
|
(31.0 |
) |
| Compass Group PLC |
|
|
22,869 |
|
|
|
608,866 |
|
|
|
(188.6 |
) |
| DCC PLC |
|
|
1,619 |
|
|
|
151,829 |
|
|
|
(47.0 |
) |
| Dechra Pharmaceuticals PLC |
|
|
29,047 |
|
|
|
990,839 |
|
|
|
(306.9 |
) |
| Direct Line Insurance Group PLC |
|
|
23,796 |
|
|
|
83,873 |
|
|
|
(26.0 |
) |
| Experian PLC |
|
|
37,223 |
|
|
|
1,173,317 |
|
|
|
(363.4 |
) |
| Halma PLC |
|
|
28,426 |
|
|
|
689,769 |
|
|
|
(213.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| United Kingdom (continued) |
|
|
|
|
|
|
|
|
|
| HomeServe PLC |
|
|
57,636 |
|
|
$ |
865,296 |
|
|
|
(268.0 |
)% |
| Imperial Brands PLC |
|
|
4,929 |
|
|
|
108,056 |
|
|
|
(33.5 |
) |
| J. Sainsbury PLC |
|
|
284,804 |
|
|
|
750,537 |
|
|
|
(232.5 |
) |
| John Wood Group PLC |
|
|
135,060 |
|
|
|
592,997 |
|
|
|
(183.7 |
) |
| Moneysupermarket.com Group PLC |
|
|
76,311 |
|
|
|
339,558 |
|
|
|
(105.2 |
) |
| Rotork PLC |
|
|
186,589 |
|
|
|
728,662 |
|
|
|
(225.7 |
) |
| Smith & Nephew PLC |
|
|
8,231 |
|
|
|
176,690 |
|
|
|
(54.7 |
) |
| SSP Group PLC |
|
|
159,221 |
|
|
|
1,312,957 |
|
|
|
(406.7 |
) |
| Subsea 7 SA |
|
|
86,160 |
|
|
|
809,448 |
|
|
|
(250.7 |
) |
| Vodafone Group PLC |
|
|
319,806 |
|
|
|
652,634 |
|
|
|
(202.2 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,708,479 |
|
|
|
|
|
|
|
|
|
| United States |
|
|
|
|
|
|
|
|
|
| Amcor PLC |
|
|
78,784 |
|
|
|
754,387 |
|
|
|
(233.7 |
) |
| Elastic NV |
|
|
3,639 |
|
|
|
262,044 |
|
|
|
(81.2 |
) |
| Etsy, Inc. |
|
|
1,590 |
|
|
|
70,739 |
|
|
|
(21.9 |
) |
| Green Dot Corp., Class A |
|
|
1,257 |
|
|
|
36,252 |
|
|
|
(11.2 |
) |
| Hill-Rom Holdings, Inc. |
|
|
1,491 |
|
|
|
156,093 |
|
|
|
(48.4 |
) |
| HubSpot, Inc. |
|
|
1,911 |
|
|
|
296,396 |
|
|
|
(91.8 |
) |
| James Hardie Industries PLC |
|
|
22,394 |
|
|
|
384,599 |
|
|
|
(119.1 |
) |
| Mettler-Toledo International, Inc. |
|
|
171 |
|
|
|
120,545 |
|
|
|
(37.3 |
) |
| New Relic, Inc. |
|
|
1,993 |
|
|
|
127,671 |
|
|
|
(39.5 |
) |
| Paylocity Holding Corp. |
|
|
848 |
|
|
|
87,005 |
|
|
|
(27.0 |
) |
| Ryder System, Inc. |
|
|
2,465 |
|
|
|
119,873 |
|
|
|
(37.1 |
) |
| ServiceMaster Global Holdings, Inc. |
|
|
369 |
|
|
|
14,900 |
|
|
|
(4.6 |
) |
| Snap-on, Inc. |
|
|
150 |
|
|
|
24,400 |
|
|
|
(7.6 |
) |
| TriNet Group, Inc. |
|
|
241 |
|
|
|
12,771 |
|
|
|
(4.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,467,675 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Long |
|
|
|
|
|
|
|
|
|
|
93,653,474 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reference Entity — Short |
|
|
|
|
|
| Australia |
|
|
|
|
|
|
|
|
|
| Afterpay Touch Group Ltd. |
|
|
(14,457 |
) |
|
|
(287,001 |
) |
|
|
88.9 |
|
| AMP Ltd. |
|
|
(36,762 |
) |
|
|
(46,450 |
) |
|
|
14.4 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Australia (continued) |
|
|
|
|
|
|
|
|
|
| Appen Ltd. |
|
|
(2,697 |
) |
|
$ |
(40,520 |
) |
|
|
12.6 |
% |
| ASX Ltd. |
|
|
(12,129 |
) |
|
|
(688,464 |
) |
|
|
213.3 |
|
| Atlas Arteria Ltd. |
|
|
(90,036 |
) |
|
|
(497,941 |
) |
|
|
154.2 |
|
| Brambles Ltd. |
|
|
(25,535 |
) |
|
|
(211,099 |
) |
|
|
65.4 |
|
| Charter Hall Group |
|
|
(17,844 |
) |
|
|
(139,039 |
) |
|
|
43.1 |
|
| Domain Holdings Australia Ltd. |
|
|
(7,235 |
) |
|
|
(15,787 |
) |
|
|
4.9 |
|
| Downer EDI, Ltd. |
|
|
(35,163 |
) |
|
|
(195,578 |
) |
|
|
60.6 |
|
| Lend Lease Group |
|
|
(52,432 |
) |
|
|
(677,721 |
) |
|
|
209.9 |
|
| Link Administration Holdings Ltd. |
|
|
(53,676 |
) |
|
|
(206,985 |
) |
|
|
64.1 |
|
| Mineral Resources Ltd. |
|
|
(44,167 |
) |
|
|
(434,423 |
) |
|
|
134.6 |
|
| NEXTDC Ltd. |
|
|
(93,971 |
) |
|
|
(415,283 |
) |
|
|
128.6 |
|
| Nufarm Ltd. |
|
|
(199,288 |
) |
|
|
(813,256 |
) |
|
|
251.9 |
|
| Orora Ltd. |
|
|
(94,897 |
) |
|
|
(202,269 |
) |
|
|
62.7 |
|
| OZ Minerals Ltd. |
|
|
(13,805 |
) |
|
|
(96,323 |
) |
|
|
29.8 |
|
| Platinum Asset Management Ltd. |
|
|
(5,969 |
) |
|
|
(17,046 |
) |
|
|
5.3 |
|
| Qube Holdings Ltd. |
|
|
(208,913 |
) |
|
|
(468,404 |
) |
|
|
145.1 |
|
| Star Entertainment Grp Ltd. (The) |
|
|
(39,267 |
) |
|
|
(127,323 |
) |
|
|
39.4 |
|
| Sydney Airport |
|
|
(23,510 |
) |
|
|
(142,387 |
) |
|
|
44.1 |
|
| TPG Telecom Ltd. |
|
|
(87,985 |
) |
|
|
(396,563 |
) |
|
|
122.8 |
|
| Wesfarmers, Ltd. |
|
|
(3,903 |
) |
|
|
(107,235 |
) |
|
|
33.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,227,097 |
) |
|
|
|
|
|
|
|
|
| Austria |
|
|
|
|
|
|
|
|
|
| OMV AG |
|
|
(13,032 |
) |
|
|
(761,872 |
) |
|
|
236.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Belgium |
|
|
|
|
|
|
|
|
|
| KBC Groep NV |
|
|
(3,735 |
) |
|
|
(262,624 |
) |
|
|
81.4 |
|
| Proximus SADP |
|
|
(37,419 |
) |
|
|
(1,149,914 |
) |
|
|
356.2 |
|
| Umicore SA |
|
|
(48,269 |
) |
|
|
(1,992,545 |
) |
|
|
617.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,405,083 |
) |
|
|
|
|
|
|
|
|
| Canada |
|
|
|
|
|
|
|
|
|
| Air Canada |
|
|
(29,912 |
) |
|
|
(1,065,122 |
) |
|
|
329.9 |
|
| Allied Properties Real Estate Investment Trust |
|
|
(31,756 |
) |
|
|
(1,291,843 |
) |
|
|
400.2 |
|
| Bombardier, Inc., Class B |
|
|
(606,508 |
) |
|
|
(764,409 |
) |
|
|
236.8 |
|
| Cameco Corp. |
|
|
(12,707 |
) |
|
|
(113,457 |
) |
|
|
35.2 |
|
| Canadian National Railway Co. |
|
|
(2,759 |
) |
|
|
(246,762 |
) |
|
|
76.4 |
|
| Empire Co. Ltd., Class A |
|
|
(53,071 |
) |
|
|
(1,409,075 |
) |
|
|
436.5 |
|
| Great Canadian Gaming Corp. |
|
|
(19,906 |
) |
|
|
(629,629 |
) |
|
|
195.0 |
|
| iA Financial Corp., Inc. |
|
|
(740 |
) |
|
|
(35,638 |
) |
|
|
11.0 |
|
| Intact Financial Corp. |
|
|
(14,143 |
) |
|
|
(1,459,292 |
) |
|
|
452.0 |
|
| Inter Pipeline Ltd. |
|
|
(3,095 |
) |
|
|
(51,955 |
) |
|
|
16.1 |
|
| Lightspeed POS, Inc. |
|
|
(8,276 |
) |
|
|
(215,901 |
) |
|
|
66.9 |
|
| Lundin Mining Corp. |
|
|
(6,606 |
) |
|
|
(33,354 |
) |
|
|
10.3 |
|
| Metro, Inc. |
|
|
(48,954 |
) |
|
|
(2,070,259 |
) |
|
|
641.3 |
|
| Onex Corp. |
|
|
(10,216 |
) |
|
|
(600,581 |
) |
|
|
186.0 |
|
| SNC-Lavalin Group, Inc. |
|
|
(54,961 |
) |
|
|
(993,563 |
) |
|
|
307.8 |
|
| Thomson Reuters Corp. |
|
|
(3,637 |
) |
|
|
(244,409 |
) |
|
|
75.7 |
|
| Toromont Industries Ltd. |
|
|
(1,233 |
) |
|
|
(63,667 |
) |
|
|
19.7 |
|
| West Fraser Timber Co. Ltd. |
|
|
(4,830 |
) |
|
|
(223,329 |
) |
|
|
69.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Canada (continued) |
|
|
|
|
|
|
|
|
|
| WestJet Airlines Ltd. |
|
|
(2,588 |
) |
|
$ |
(60,186 |
) |
|
|
18.6 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,572,431 |
) |
|
|
|
|
|
|
|
|
| China |
|
|
|
|
|
|
|
|
|
| Minth Group Ltd. |
|
|
(8,000 |
) |
|
|
(28,297 |
) |
|
|
8.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denmark |
|
|
|
|
|
|
|
|
|
| Ambu A/S, Class B |
|
|
(1,188 |
) |
|
|
(18,675 |
) |
|
|
5.8 |
|
| Novo Nordisk A/S, Class B |
|
|
(2,666 |
) |
|
|
(146,600 |
) |
|
|
45.4 |
|
| Pandora A/S |
|
|
(3,009 |
) |
|
|
(148,061 |
) |
|
|
45.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(313,336 |
) |
|
|
|
|
|
|
|
|
| Finland |
|
|
|
|
|
|
|
|
|
| Nokian Renkaat OYJ |
|
|
(3,424 |
) |
|
|
(97,855 |
) |
|
|
30.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| France |
|
|
|
|
|
|
|
|
|
| Amundi SA |
|
|
(978 |
) |
|
|
(69,895 |
) |
|
|
21.6 |
|
| AXA SA |
|
|
(968 |
) |
|
|
(25,570 |
) |
|
|
7.9 |
|
| Carrefour SA |
|
|
(45,965 |
) |
|
|
(782,579 |
) |
|
|
242.4 |
|
| CGG SA |
|
|
(108,832 |
) |
|
|
(253,706 |
) |
|
|
78.6 |
|
| Cie Generale des Etablissements Michelin SCA |
|
|
(4,350 |
) |
|
|
(529,644 |
) |
|
|
164.1 |
|
| Getlink SE |
|
|
(80,975 |
) |
|
|
(1,356,402 |
) |
|
|
420.1 |
|
| ICADE |
|
|
(449 |
) |
|
|
(43,968 |
) |
|
|
13.6 |
|
| Schneider Electric SA |
|
|
(1,545 |
) |
|
|
(143,593 |
) |
|
|
44.5 |
|
| SOITEC |
|
|
(2,417 |
) |
|
|
(266,598 |
) |
|
|
82.6 |
|
| Valeo SA |
|
|
(93 |
) |
|
|
(3,463 |
) |
|
|
1.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,475,418 |
) |
|
|
|
|
|
|
|
|
| Germany |
|
|
|
|
|
|
|
|
|
| CECONOMY AG |
|
|
(6,588 |
) |
|
|
(33,152 |
) |
|
|
10.3 |
|
| Delivery Hero SE |
|
|
(3,344 |
) |
|
|
(156,909 |
) |
|
|
48.6 |
|
| KION Group AG |
|
|
(4,729 |
) |
|
|
(314,657 |
) |
|
|
97.5 |
|
| Knorr-Bremse AG |
|
|
(3,029 |
) |
|
|
(305,697 |
) |
|
|
94.7 |
|
| ProSiebenSat.1 Media SE |
|
|
(1,741 |
) |
|
|
(25,709 |
) |
|
|
8.0 |
|
| TeamViewer AG |
|
|
(14,782 |
) |
|
|
(390,067 |
) |
|
|
120.8 |
|
| ThyssenKrupp AG |
|
|
(11,982 |
) |
|
|
(170,870 |
) |
|
|
52.9 |
|
| TUI AG |
|
|
(27,920 |
) |
|
|
(365,257 |
) |
|
|
113.1 |
|
| United Internet AG |
|
|
(4,957 |
) |
|
|
(149,644 |
) |
|
|
46.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,911,962 |
) |
|
|
|
|
|
|
|
|
| Hong Kong |
|
|
|
|
|
|
|
|
|
| Jardine Matheson Holdings Ltd. |
|
|
(1,300 |
) |
|
|
(74,114 |
) |
|
|
23.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Italy |
|
|
|
|
|
|
|
|
|
| Assicurazioni Generali SpA |
|
|
(6,849 |
) |
|
|
(138,880 |
) |
|
|
43.0 |
|
| Banco BPM SpA |
|
|
(81,882 |
) |
|
|
(186,393 |
) |
|
|
57.7 |
|
| Fincantieri SpA |
|
|
(50,486 |
) |
|
|
(53,275 |
) |
|
|
16.5 |
|
| Freni Brembo SpA |
|
|
(114,724 |
) |
|
|
(1,220,595 |
) |
|
|
378.1 |
|
| Infrastrutture Wireless Italiane SpA |
|
|
(10,827 |
) |
|
|
(111,093 |
) |
|
|
34.4 |
|
| Intesa Sanpaolo SpA |
|
|
(181,362 |
) |
|
|
(454,461 |
) |
|
|
140.8 |
|
| Juventus Football Club SpA |
|
|
(722,347 |
) |
|
|
(1,131,915 |
) |
|
|
350.6 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Italy (continued) |
|
|
|
|
|
|
|
|
|
| Pirelli & C SpA |
|
|
(69,281 |
) |
|
$ |
(400,506 |
) |
|
|
124.1 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,697,118 |
) |
|
|
|
|
|
|
|
|
| Japan |
|
|
|
|
|
|
|
|
|
| 77 Bank Ltd. |
|
|
(1,400 |
) |
|
|
(22,056 |
) |
|
|
6.8 |
|
| ABC-Mart, Inc. |
|
|
(900 |
) |
|
|
(61,709 |
) |
|
|
19.1 |
|
| Aeon Co. Ltd. |
|
|
(13,700 |
) |
|
|
(275,649 |
) |
|
|
85.4 |
|
| Air Water, Inc. |
|
|
(900 |
) |
|
|
(16,849 |
) |
|
|
5.2 |
|
| ANA Holdings, Inc. |
|
|
(19,600 |
) |
|
|
(673,034 |
) |
|
|
208.5 |
|
| Ariake Japan Co., Ltd. |
|
|
(3,800 |
) |
|
|
(294,986 |
) |
|
|
91.4 |
|
| Asahi Kasei Corp. |
|
|
(3,700 |
) |
|
|
(41,075 |
) |
|
|
12.7 |
|
| Asics Corp. |
|
|
(7,600 |
) |
|
|
(130,479 |
) |
|
|
40.4 |
|
| Bandai Namco Holdings, Inc. |
|
|
(10,200 |
) |
|
|
(627,189 |
) |
|
|
194.3 |
|
| Bank of Kyoto Ltd. |
|
|
(14,500 |
) |
|
|
(573,918 |
) |
|
|
177.8 |
|
| Chugoku Bank Ltd. |
|
|
(102,000 |
) |
|
|
(996,731 |
) |
|
|
308.7 |
|
| COLOPL, Inc. |
|
|
(16,800 |
) |
|
|
(219,554 |
) |
|
|
68.0 |
|
| Dai Nippon Printing Co., Ltd. |
|
|
(1,100 |
) |
|
|
(29,379 |
) |
|
|
9.1 |
|
| Daido Steel Co. Ltd. |
|
|
(1,700 |
) |
|
|
(74,185 |
) |
|
|
23.0 |
|
| Daiwa House REIT Investment Corp. |
|
|
(42 |
) |
|
|
(122,296 |
) |
|
|
37.9 |
|
| FamilyMart UNY Holdings Co. Ltd. |
|
|
(1,400 |
) |
|
|
(34,729 |
) |
|
|
10.8 |
|
| Fujitsu Ltd. |
|
|
(10,100 |
) |
|
|
(895,153 |
) |
|
|
277.3 |
|
| GMO Payment Gateway, Inc. |
|
|
(7,900 |
) |
|
|
(582,223 |
) |
|
|
180.3 |
|
| GungHo Online Entertainment, Inc. |
|
|
(3,800 |
) |
|
|
(82,302 |
) |
|
|
25.5 |
|
| Hachijuni Bank Ltd. |
|
|
(362,300 |
) |
|
|
(1,558,490 |
) |
|
|
482.8 |
|
| Hankyu Hanshin Holdings, Inc. |
|
|
(700 |
) |
|
|
(28,012 |
) |
|
|
8.7 |
|
| Harmonic Drive Systems, Inc. |
|
|
(13,000 |
) |
|
|
(602,897 |
) |
|
|
186.8 |
|
| Hirose Electric Co. Ltd. |
|
|
(300 |
) |
|
|
(37,791 |
) |
|
|
11.7 |
|
| Hitachi High-Technologies Corp. |
|
|
(500 |
) |
|
|
(31,108 |
) |
|
|
9.6 |
|
| Hitachi Ltd. |
|
|
(3,600 |
) |
|
|
(134,361 |
) |
|
|
41.6 |
|
| Hitachi Metals Ltd. |
|
|
(52,100 |
) |
|
|
(653,871 |
) |
|
|
202.5 |
|
| Ibiden Co. Ltd. |
|
|
(16,700 |
) |
|
|
(385,615 |
) |
|
|
119.4 |
|
| Ichigo, Inc. |
|
|
(52,800 |
) |
|
|
(210,297 |
) |
|
|
65.1 |
|
| Iyo Bank Ltd. |
|
|
(163,700 |
) |
|
|
(864,949 |
) |
|
|
267.9 |
|
| Japan Airport Terminal Co. Ltd. |
|
|
(7,200 |
) |
|
|
(355,655 |
) |
|
|
110.2 |
|
| Japan Lifeline Co. Ltd. |
|
|
(68,640 |
) |
|
|
(1,058,088 |
) |
|
|
327.7 |
|
| Japan Post Bank Co. Ltd. |
|
|
(16,300 |
) |
|
|
(162,145 |
) |
|
|
50.2 |
|
| Japan Retail Fund Investment Corp. |
|
|
(12 |
) |
|
|
(28,003 |
) |
|
|
8.7 |
|
| Justsystems Corp. |
|
|
(11,200 |
) |
|
|
(460,504 |
) |
|
|
142.6 |
|
| Kansai Mirai Financial Group, Inc. |
|
|
(29,600 |
) |
|
|
(192,577 |
) |
|
|
59.7 |
|
| Kawasaki Kisen Kaisha Ltd. |
|
|
(45,300 |
) |
|
|
(674,061 |
) |
|
|
208.8 |
|
| Keihan Holdings Co. Ltd. |
|
|
(12,800 |
) |
|
|
(604,376 |
) |
|
|
187.2 |
|
| Keikyu Corp. |
|
|
(25,900 |
) |
|
|
(515,556 |
) |
|
|
159.7 |
|
| Keio Corp. |
|
|
(3,800 |
) |
|
|
(235,081 |
) |
|
|
72.8 |
|
| Keisei Electric Railway Co. Ltd. |
|
|
(2,300 |
) |
|
|
(94,037 |
) |
|
|
29.1 |
|
| Kintetsu Group Holdings Co. Ltd. |
|
|
(11,900 |
) |
|
|
(648,620 |
) |
|
|
200.9 |
|
| Koei Tecmo Holdings Co. Ltd. |
|
|
(13,400 |
) |
|
|
(309,198 |
) |
|
|
95.8 |
|
| Kusuri no Aoki Holdings Co. Ltd. |
|
|
(6,300 |
) |
|
|
(469,837 |
) |
|
|
145.5 |
|
| Kyocera Corp. |
|
|
(6,100 |
) |
|
|
(400,202 |
) |
|
|
124.0 |
|
| Kyushu Financial Group, Inc. |
|
|
(39,500 |
) |
|
|
(159,437 |
) |
|
|
49.4 |
|
| Kyushu Railway Co. |
|
|
(16,600 |
) |
|
|
(548,423 |
) |
|
|
169.9 |
|
| M3, Inc. |
|
|
(14,500 |
) |
|
|
(347,469 |
) |
|
|
107.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
|
|
|
| Japan (continued) |
|
|
|
|
|
|
|
|
|
| Marui Group Co., Ltd. |
|
|
(800 |
) |
|
$ |
(17,784 |
) |
|
|
5.5 |
% |
| Mercari, Inc. |
|
|
(20,500 |
) |
|
|
(462,204 |
) |
|
|
143.2 |
|
| Nagoya Railroad Co. Ltd. |
|
|
(8,300 |
) |
|
|
(263,839 |
) |
|
|
81.7 |
|
| NET One Systems Co. Ltd. |
|
|
(800 |
) |
|
|
(21,568 |
) |
|
|
6.7 |
|
| NGK Insulators Ltd. |
|
|
(22,700 |
) |
|
|
(348,735 |
) |
|
|
108.0 |
|
| Nippon Shinyaku Co. Ltd. |
|
|
(1,800 |
) |
|
|
(162,390 |
) |
|
|
50.3 |
|
| Nishi-Nippon Financial Holdings, Inc. |
|
|
(4,800 |
) |
|
|
(35,569 |
) |
|
|
11.0 |
|
| Nishi-Nippon Railroad Co. Ltd. |
|
|
(4,600 |
) |
|
|
(106,731 |
) |
|
|
33.1 |
|
| Nomura Holdings, Inc. |
|
|
(50,500 |
) |
|
|
(229,522 |
) |
|
|
71.1 |
|
| Nomura Real Estate Master Fund, Inc. |
|
|
(57 |
) |
|
|
(108,959 |
) |
|
|
33.8 |
|
| Nomura Research Institute Ltd. |
|
|
(7,700 |
) |
|
|
(163,476 |
) |
|
|
50.6 |
|
| Obayashi Corp. |
|
|
(2,500 |
) |
|
|
(25,728 |
) |
|
|
8.0 |
|
| Obic Co. Ltd. |
|
|
(800 |
) |
|
|
(100,164 |
) |
|
|
31.0 |
|
| Odakyu Electric Railway Co. Ltd. |
|
|
(1,000 |
) |
|
|
(24,342 |
) |
|
|
7.5 |
|
| Omron Corp. |
|
|
(5,900 |
) |
|
|
(345,160 |
) |
|
|
106.9 |
|
| Orient Corp. |
|
|
(121,700 |
) |
|
|
(177,794 |
) |
|
|
55.1 |
|
| Park24 Co. Ltd. |
|
|
(2,900 |
) |
|
|
(68,488 |
) |
|
|
21.2 |
|
| Renesas Electronics Corp. |
|
|
(4,300 |
) |
|
|
(29,466 |
) |
|
|
9.1 |
|
| Rohm Co. Ltd. |
|
|
(1,000 |
) |
|
|
(79,229 |
) |
|
|
24.5 |
|
| Sanrio Co. Ltd. |
|
|
(10,500 |
) |
|
|
(210,517 |
) |
|
|
65.2 |
|
| Santen Pharmaceutical Co. Ltd. |
|
|
(20,800 |
) |
|
|
(368,437 |
) |
|
|
114.1 |
|
| Sekisui House Ltd. |
|
|
(5,900 |
) |
|
|
(127,230 |
) |
|
|
39.4 |
|
| Sekisui House Reit, Inc. |
|
|
(43 |
) |
|
|
(39,686 |
) |
|
|
12.3 |
|
| Shiga Bank Ltd. |
|
|
(41,200 |
) |
|
|
(992,879 |
) |
|
|
307.6 |
|
| Shin-Etsu Chemical Co. Ltd. |
|
|
(300 |
) |
|
|
(33,450 |
) |
|
|
10.4 |
|
| Shinsei Bank Ltd. |
|
|
(14,100 |
) |
|
|
(219,815 |
) |
|
|
68.1 |
|
| Shizuoka Bank Ltd. |
|
|
(15,400 |
) |
|
|
(117,021 |
) |
|
|
36.2 |
|
| Shochiku Co. Ltd. |
|
|
(4,100 |
) |
|
|
(601,594 |
) |
|
|
186.3 |
|
| Sony Corp. |
|
|
(11,800 |
) |
|
|
(718,256 |
) |
|
|
222.5 |
|
| Square Enix Holdings Co. Ltd. |
|
|
(12,300 |
) |
|
|
(585,335 |
) |
|
|
181.3 |
|
| Stanley Electric Co. Ltd. |
|
|
(3,800 |
) |
|
|
(105,158 |
) |
|
|
32.6 |
|
| Sumco Corp. |
|
|
(52,100 |
) |
|
|
(865,426 |
) |
|
|
268.1 |
|
| Sumitomo Bakelite Co. Ltd. |
|
|
(4,100 |
) |
|
|
(170,008 |
) |
|
|
52.7 |
|
| Taiyo Nippon Sanso Corp. |
|
|
(4,700 |
) |
|
|
(110,026 |
) |
|
|
34.1 |
|
| Taiyo Yuden Co. Ltd. |
|
|
(58,900 |
) |
|
|
(1,557,665 |
) |
|
|
482.5 |
|
| TDK Corp. |
|
|
(8,100 |
) |
|
|
(799,257 |
) |
|
|
247.6 |
|
| Tobu Railway Co. Ltd. |
|
|
(6,200 |
) |
|
|
(206,893 |
) |
|
|
64.1 |
|
| Toho Gas Co. Ltd. |
|
|
(18,700 |
) |
|
|
(728,338 |
) |
|
|
225.6 |
|
| Tokai Carbon Co. Ltd. |
|
|
(11,500 |
) |
|
|
(116,137 |
) |
|
|
36.0 |
|
| Tokuyama Corp. |
|
|
(1,100 |
) |
|
|
(29,385 |
) |
|
|
9.1 |
|
| Tokyo Electric Power Co. Holdings, Inc. |
|
|
(59,800 |
) |
|
|
(276,942 |
) |
|
|
85.8 |
|
| Tokyo Gas Co. Ltd. |
|
|
(1,900 |
) |
|
|
(46,381 |
) |
|
|
14.4 |
|
| Tokyu Corp. |
|
|
(11,200 |
) |
|
|
(211,832 |
) |
|
|
65.6 |
|
| Toppan Printing Co., Ltd. |
|
|
(3,700 |
) |
|
|
(68,433 |
) |
|
|
21.2 |
|
| Toray Industries, Inc. |
|
|
(60,200 |
) |
|
|
(425,442 |
) |
|
|
131.8 |
|
| Toyo Suisan Kaisha Ltd. |
|
|
(10,000 |
) |
|
|
(421,049 |
) |
|
|
130.4 |
|
| United Urban Investment Corp. |
|
|
(111 |
) |
|
|
(223,935 |
) |
|
|
69.4 |
|
| USS Co. Ltd. |
|
|
(38,200 |
) |
|
|
(739,864 |
) |
|
|
229.2 |
|
| West Japan Railway Co. |
|
|
(300 |
) |
|
|
(26,067 |
) |
|
|
8.1 |
|
| Workman Co. Ltd. |
|
|
(3,900 |
) |
|
|
(276,039 |
) |
|
|
85.5 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Japan (continued) |
|
| Yoshinoya Holdings Co. Ltd. |
|
|
(2,000 |
) |
|
$ |
(46,507 |
) |
|
|
14.4 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(31,760,308 |
) |
|
|
|
|
|
| Luxembourg |
|
| SES SA |
|
|
(58,688 |
) |
|
|
(1,137,661 |
) |
|
|
352.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Mexico |
|
| Fresnillo PLC |
|
|
(4,515 |
) |
|
|
(41,713 |
) |
|
|
12.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Netherlands |
|
| Altice Europe NV, Class A |
|
|
(7,909 |
) |
|
|
(45,254 |
) |
|
|
14.0 |
|
| Boskalis Westminster |
|
|
(3,239 |
) |
|
|
(71,294 |
) |
|
|
22.1 |
|
| OCI NV |
|
|
(11,132 |
) |
|
|
(250,296 |
) |
|
|
77.5 |
|
| SBM Offshore NV |
|
|
(43,975 |
) |
|
|
(758,371 |
) |
|
|
234.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,125,215 |
) |
|
|
|
|
|
| New Zealand |
|
| a2 Milk Co. Ltd. |
|
|
(41,596 |
) |
|
|
(343,611 |
) |
|
|
106.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Norway |
|
| Mowi ASA |
|
|
(14,265 |
) |
|
|
(348,236 |
) |
|
|
107.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Singapore |
|
| City Developments Ltd. |
|
|
(301,300 |
) |
|
|
(2,386,052 |
) |
|
|
739.1 |
|
| Mapletree Commercial Trust |
|
|
(189,000 |
) |
|
|
(323,508 |
) |
|
|
100.2 |
|
| Mapletree Commercial Trust (Expires 11/07/19) |
|
|
(14,598 |
) |
|
|
(966 |
) |
|
|
0.3 |
|
| Mapletree Logistics Trust |
|
|
(1,244,700 |
) |
|
|
(1,536,339 |
) |
|
|
475.9 |
|
| Sembcorp Marine Ltd. |
|
|
(931,809 |
) |
|
|
(936,340 |
) |
|
|
290.0 |
|
| Wilmar International Ltd. |
|
|
(520,500 |
) |
|
|
(1,431,103 |
) |
|
|
443.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,614,308 |
) |
|
|
|
|
|
| Spain |
|
| Banco Bilbao Vizcaya Argentaria SA |
|
|
(29,191 |
) |
|
|
(153,744 |
) |
|
|
47.6 |
|
| Indra Sistemas SA |
|
|
(6,841 |
) |
|
|
(66,085 |
) |
|
|
20.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(219,829 |
) |
|
|
|
|
|
| Sweden |
|
| Atlas Copco AB, -B Shares |
|
|
(11,791 |
) |
|
|
(365,855 |
) |
|
|
113.3 |
|
| Electrolux AB, Series B |
|
|
(40,595 |
) |
|
|
(1,067,297 |
) |
|
|
330.6 |
|
| Skandinaviska Enskilda Banken AB, Class A |
|
|
(16,640 |
) |
|
|
(159,600 |
) |
|
|
49.5 |
|
| Skanska AB, -B Shares |
|
|
(58,560 |
) |
|
|
(1,247,728 |
) |
|
|
386.5 |
|
| Swedish Match AB |
|
|
(2,466 |
) |
|
|
(115,848 |
) |
|
|
35.9 |
|
| Telia Co. AB |
|
|
(123,166 |
) |
|
|
(541,796 |
) |
|
|
167.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,498,124 |
) |
|
|
|
|
|
| Switzerland |
|
| Baloise Holding AG |
|
|
(627 |
) |
|
|
(115,966 |
) |
|
|
35.9 |
|
| EMS-Chemie Holding AG |
|
|
(117 |
) |
|
|
(73,300 |
) |
|
|
22.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
Value |
|
|
% of
Basket
Value |
|
|
| Switzerland (continued) |
|
| Georg Fischer AG, Registered Shares |
|
|
(1,867 |
) |
|
$ |
(1,783,081 |
) |
|
|
552.3 |
% |
| Lonza Group AG, Registered Shares |
|
|
(1,578 |
) |
|
|
(568,762 |
) |
|
|
176.2 |
|
| Stadler Rail AG |
|
|
(23,752 |
) |
|
|
(1,153,772 |
) |
|
|
357.4 |
|
| STMicroelectronics NV |
|
|
(22,888 |
) |
|
|
(519,473 |
) |
|
|
160.9 |
|
| Swatch Group AG, Registered Shares |
|
|
(10,751 |
) |
|
|
(577,182 |
) |
|
|
178.8 |
|
| Swiss Life Holding AG |
|
|
(542 |
) |
|
|
(271,443 |
) |
|
|
84.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,062,979 |
) |
|
|
|
|
|
| United Kingdom |
|
| Capita PLC |
|
|
(77,336 |
) |
|
|
(156,437 |
) |
|
|
48.5 |
|
| Capital & Counties Properties PLC |
|
|
(16,856 |
) |
|
|
(55,711 |
) |
|
|
17.2 |
|
| Croda International PLC |
|
|
(646 |
) |
|
|
(40,305 |
) |
|
|
12.5 |
|
| Derwent London PLC |
|
|
(4,059 |
) |
|
|
(186,653 |
) |
|
|
57.8 |
|
| Domino’s Pizza Group PLC |
|
|
(122,067 |
) |
|
|
(452,338 |
) |
|
|
140.1 |
|
| Hammerson PLC |
|
|
(81,168 |
) |
|
|
(304,918 |
) |
|
|
94.4 |
|
| Hays PLC |
|
|
(339,779 |
) |
|
|
(691,473 |
) |
|
|
214.2 |
|
| Legal & General Group PLC |
|
|
(137,173 |
) |
|
|
(468,904 |
) |
|
|
145.2 |
|
| M&G PLC |
|
|
(54,475 |
) |
|
|
(150,866 |
) |
|
|
46.7 |
|
| Melrose Industries PLC |
|
|
(171,233 |
) |
|
|
(473,234 |
) |
|
|
146.6 |
|
| Mondi PLC |
|
|
(8,999 |
) |
|
|
(186,584 |
) |
|
|
57.8 |
|
| Phoenix Group Holdings PLC |
|
|
(127,586 |
) |
|
|
(1,165,388 |
) |
|
|
361.0 |
|
| Quilter PLC |
|
|
(306,513 |
) |
|
|
(543,848 |
) |
|
|
168.5 |
|
| Renishaw PLC |
|
|
(3,014 |
) |
|
|
(148,161 |
) |
|
|
45.9 |
|
| Rolls-Royce Group PLC |
|
|
(1,670,582 |
) |
|
|
(2,164 |
) |
|
|
0.7 |
|
| Rolls Royce Holdings PLC |
|
|
(11,267 |
) |
|
|
(103,676 |
) |
|
|
32.1 |
|
| Schroders PLC |
|
|
(9,203 |
) |
|
|
(368,943 |
) |
|
|
114.3 |
|
| Segro PLC |
|
|
(52,708 |
) |
|
|
(576,589 |
) |
|
|
178.6 |
|
| Spectris PLC |
|
|
(524 |
) |
|
|
(16,245 |
) |
|
|
5.0 |
|
| St. James’s Place PLC |
|
|
(100,290 |
) |
|
|
(1,352,718 |
) |
|
|
419.0 |
|
| Standard Life Aberdeen PLC |
|
|
(332,064 |
) |
|
|
(1,305,564 |
) |
|
|
404.4 |
|
| Travis Perkins PLC |
|
|
(45,828 |
) |
|
|
(851,216 |
) |
|
|
263.7 |
|
| Tritax Big Box REIT PLC |
|
|
(107,997 |
) |
|
|
(210,350 |
) |
|
|
65.2 |
|
| UNITE Group PLC |
|
|
(8,133 |
) |
|
|
(118,454 |
) |
|
|
36.7 |
|
| Weir Group PLC |
|
|
(47,865 |
) |
|
|
(836,059 |
) |
|
|
259.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,766,798 |
) |
|
|
|
|
|
| United States |
|
| Chewy, Inc., Class A |
|
|
(9,127 |
) |
|
|
(225,163 |
) |
|
|
69.7 |
|
| Reliance Worldwide Corp. Ltd. |
|
|
(32,401 |
) |
|
|
(94,283 |
) |
|
|
29.2 |
|
| Slack Technologies, Inc., Class A |
|
|
(46,778 |
) |
|
|
(1,029,116 |
) |
|
|
318.8 |
|
| Ubiquiti, Inc. |
|
|
(168 |
) |
|
|
(21,267 |
) |
|
|
6.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,369,829 |
) |
|
|
|
|
|
| Zambia |
|
| First Quantum Minerals Ltd. |
|
|
(14,569 |
) |
|
|
(123,114 |
) |
|
|
38.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Reference Entity — Short |
|
|
|
|
|
|
(93,976,308 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Value of Reference Entity — UBS AG |
|
|
$ |
(322,834 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Investments (unaudited) (continued)
October 31, 2019 |
|
BlackRock Global Long/Short Equity Fund |
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of investments and derivative 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) |
| |
• |
|
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”) own assumptions used in determining the fair value of investments and derivative 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 investments and derivative financial instruments is based on the pricing
transparency of the investments and derivative 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 investments and
derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its annual report.
The following tables summarize the
Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-Term Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stocks |
|
$ |
393,120 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
393,120 |
|
| Preferred Securities |
|
|
— |
|
|
|
— |
|
|
|
3,862,892 |
|
|
|
3,862,892 |
|
| U.S. Treasury Obligations |
|
|
— |
|
|
|
38,614,245 |
|
|
|
— |
|
|
|
38,614,245 |
|
| Short-Term Securities: |
|
| Money Market Fund |
|
|
23,608,430 |
|
|
|
— |
|
|
|
— |
|
|
|
23,608,430 |
|
| U.S. Treasury Obligations |
|
|
— |
|
|
|
482,723,674 |
|
|
|
— |
|
|
|
482,723,674 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
24,001,550 |
|
|
$ |
521,337,919 |
|
|
$ |
3,862,892 |
|
|
$ |
549,202,361 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative Financial Instruments(a) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity contracts |
|
$ |
1,140,336 |
|
|
$ |
1,225,192 |
|
|
$ |
— |
|
|
$ |
2,365,528 |
|
| Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity contracts |
|
|
(1,144,865 |
) |
|
|
(3,805,355 |
) |
|
|
— |
|
|
|
(4,950,220 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(4,529 |
) |
|
$ |
(2,580,163 |
) |
|
$ |
— |
|
|
$ |
(2,584,692 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
Derivative financial instruments are swaps and futures contracts. Swaps and futures contracts are valued at the unrealized
appreciation (depreciation) on the instrument. |
|