NPORT-EX 2 1.31_BLK_SA_Gl_Eq_Pt_F.htm 1.31 BLK SA GL EQ PT F
Schedule
of
Investments
(unaudited)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
2
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Common
Stocks
Australia
—
1.2%
Aristocrat
Leisure
Ltd.
...........
718
$
20,700
Charter
Hall
Group
(a)
............
422
3,292
Cochlear
Ltd.
................
26
5,160
Coles
Group
Ltd.
..............
239
2,480
Fortescue
Ltd.
................
19
367
GPT
Group
(The)
(a)
.............
187
565
Lendlease
Corp.
Ltd.
(a)
..........
125
600
Macquarie
Group
Ltd.
...........
394
48,615
Orica
Ltd.
...................
210
2,215
Rio
Tinto
plc
.................
534
36,963
Vicinity
Ltd.
..................
2,688
3,568
Worley
Ltd.
..................
616
5,916
130,441
Austria
—
0.2%
BAWAG
Group
AG
(b)
(c)
...........
299
15,395
Erste
Group
Bank
AG
...........
65
2,800
18,195
Belgium
—
0.3%
Groupe
Bruxelles
Lambert
NV
.....
215
16,299
Sofina
SA
...................
13
3,109
Syensqo
SA
(d)
................
105
9,361
28,769
Brazil
—
1.6%
Ambev
SA
..................
10,179
26,894
CCR
SA
....................
4,689
12,464
Cia
Brasileira
de
Aluminio
........
1,044
856
Cia
Brasileira
de
Distribuicao
(d)
.....
1,851
1,476
Cielo
SA
....................
316
314
Cogna
Educacao
SA
(d)
..........
13,234
7,773
EcoRodovias
Infraestrutura
e
Logistica
SA
.....................
1,275
2,334
Embraer
SA
(d)
................
615
2,829
Energisa
SA
.................
533
5,445
Grupo
Casas
Bahia
SA
(d)
.........
151
240
Lojas
Renner
SA
..............
332
1,080
Magazine
Luiza
SA
(d)
...........
685
289
Marfrig
Global
Foods
SA
(d)
........
8,044
15,213
Natura
&
Co.
Holding
SA
(d)
.......
1,971
6,397
Qualicorp
Consultoria
e
Corretora
de
Seguros
SA
...............
2,696
1,181
TOTVS
SA
(d)
.................
1,689
10,790
Ultrapar
Participacoes
SA
........
1,885
10,722
Wheaton
Precious
Metals
Corp.
....
1,407
65,941
Yara
International
ASA
..........
83
2,743
174,981
Canada
—
2.0%
Bank
of
Nova
Scotia
(The)
........
493
23,054
Barrick
Gold
Corp.
.............
16
250
CAE,
Inc.
(d)
..................
97
1,942
Canadian
Imperial
Bank
of
Commerce
1,051
47,498
CGI,
Inc.
(d)
..................
3
336
Empire
Co.
Ltd.
,
Class
A
.........
214
5,545
Enbridge,
Inc.
................
1,187
42,149
FirstService
Corp.
.............
72
12,051
Keyera
Corp.
................
277
6,700
Magna
International,
Inc.
.........
8
455
Nutrien
Ltd.
..................
146
7,280
Parkland
Corp.
...............
120
4,095
Pembina
Pipeline
Corp.
.........
29
999
RioCan
REIT
.................
64
871
Shopify,
Inc.
,
Class
A
(d)
..........
433
34,664
Security
Shares
Shares
Value
Canada
(continued)
Stantec,
Inc.
.................
274
$
22,016
WSP
Global,
Inc.
..............
22
3,232
213,137
Chile
—
0.1%
Antofagasta
plc
...............
645
14,058
China
—
3.0%
Alibaba
Group
Holding
Ltd.
.......
3,600
32,288
A-Living
Smart
City
Services
Co.
Ltd.
(b)
(c)
...................
1,250
481
Baidu,
Inc.
,
Class
A
(d)
...........
750
9,710
Beijing
Capital
International
Airport
Co.
Ltd.
,
Class
H
(d)
..............
2,000
579
Beijing
Shiji
Information
Technology
Co.
Ltd.
,
Class
A
(d)
..............
900
889
Bilibili,
Inc.
,
Class
Z
(d)
...........
320
2,889
BYD
Co.
Ltd.
,
Class
A
...........
1,800
42,864
By-health
Co.
Ltd.
,
Class
A
.......
300
628
CECEP
Solar
Energy
Co.
Ltd.
,
Class
A
7,600
5,332
China
Datang
Corp.
Renewable
Power
Co.
Ltd.
,
Class
H
............
1,000
217
China
Eastern
Airlines
Corp.
Ltd.
,
Class
A
(d)
.....................
900
469
China
Merchants
Bank
Co.
Ltd.
,
Class
H
......................
500
1,823
China
Petroleum
&
Chemical
Corp.
,
Class
A
..................
1,700
1,411
China
State
Construction
Engineering
Corp.
Ltd.
,
Class
A
...........
400
287
China
Vanke
Co.
Ltd.
,
Class
H
.....
300
236
CMOC
Group
Ltd.
,
Class
A
.......
600
449
COSCO
SHIPPING
Holdings
Co.
Ltd.
,
Class
H
..................
500
525
CRRC
Corp.
Ltd.
,
Class
A
........
100
79
DHC
Software
Co.
Ltd.
,
Class
A
....
800
556
Dongxing
Securities
Co.
Ltd.
,
Class
A
300
331
ENN
Energy
Holdings
Ltd.
........
100
744
Geely
Automobile
Holdings
Ltd.
....
6,000
5,687
Goldwind
Science
&
Technology
Co.
Ltd.
,
Class
A
...............
8,200
7,960
Goldwind
Science
&
Technology
Co.
Ltd.
,
Class
H
...............
1,400
511
Goneo
Group
Co.
Ltd.
,
Class
A
....
100
1,293
Gree
Electric
Appliances,
Inc.
of
Zhuhai
,
Class
A
..................
2,000
9,823
Guosen
Securities
Co.
Ltd.
,
Class
A
.
900
1,007
Haitong
Securities
Co.
Ltd.
,
Class
A
.
1,000
1,225
Huatai
Securities
Co.
Ltd.
,
Class
A
..
500
957
JD.com,
Inc.
,
Class
A
...........
1,300
14,659
Jinko
Solar
Co.
Ltd.
,
Class
A
......
3,282
3,619
Jiumaojiu
International
Holdings
Ltd.
(b)
(c)
1,000
589
Kingsoft
Cloud
Holdings
Ltd.
(d)
.....
2,000
348
Lenovo
Group
Ltd.
.............
6,000
6,282
Li
Ning
Co.
Ltd.
...............
1,500
3,205
Meituan
,
Class
B
(b)
(c)
(d)
...........
3,700
29,760
Metallurgical
Corp.
of
China
Ltd.
,
Class
A
......................
2,000
902
NavInfo
Co.
Ltd.
,
Class
A
(d)
.......
600
541
NetEase,
Inc.
................
900
17,494
NIO,
Inc.
,
Class
A
(d)
............
90
505
PetroChina
Co.
Ltd.
,
Class
A
......
1,100
1,280
Pharmaron
Beijing
Co.
Ltd.
,
Class
H
(b)
(c)
150
194
Ping
An
Insurance
Group
Co.
of
China
Ltd.
,
Class
H
...............
3,500
14,712
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
3
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
China
(continued)
Poly
Property
Services
Co.
Ltd.
,
Class
H
(c)
.....................
200
$
710
SAIC
Motor
Corp.
Ltd.
,
Class
A
....
987
1,879
Sangfor
Technologies,
Inc.
,
Class
A
(d)
100
759
SDIC
Capital
Co.
Ltd.
,
Class
A
.....
1,000
929
Shanghai
Electric
Group
Co.
Ltd.
,
Class
A
(d)
.....................
1,300
720
Shanghai
Pharmaceuticals
Holding
Co.
Ltd.
,
Class
A
...............
200
472
Shenzhen
Overseas
Chinese
Town
Co.
Ltd.
,
Class
A
(d)
..............
5,700
2,342
Sinopec
Shanghai
Petrochemical
Co.
Ltd.
,
Class
A
(d)
..............
1,600
593
Sunny
Optical
Technology
Group
Co.
Ltd.
.....................
400
2,459
Tencent
Holdings
Ltd.
...........
2,100
72,894
Trip.com
Group
Ltd.
(d)
...........
300
10,920
Western
Securities
Co.
Ltd.
,
Class
A
.
300
249
Xiabuxiabu
Catering
Management
China
Holdings
Co.
Ltd.
(b)
(c)
.....
5,000
1,270
ZTE
Corp.
,
Class
A
............
1,400
4,276
325,812
Denmark
—
1.7%
DSV
A/S
....................
45
8,051
Genmab
A/S
(d)
................
30
8,296
Novo
Nordisk
A/S
,
Class
B
.......
1,286
146,995
Novozymes
A/S
,
Class
B
.........
369
18,908
Orsted
A/S
(b)
(c)
................
64
3,607
Pandora
A/S
.................
8
1,169
187,026
Finland
—
0.1%
Wartsila
OYJ
Abp
..............
806
11,890
France
—
1.3%
AXA
SA
....................
192
6,444
Carrefour
SA
.................
406
6,931
Credit
Agricole
SA
.............
245
3,509
Dassault
Aviation
SA
...........
4
758
Eiffage
SA
..................
82
8,580
Engie
SA
...................
2,240
35,778
Gecina
SA
..................
6
662
Hermes
International
SCA
........
39
82,277
Worldline
SA
(b)
(c)
(d)
.............
38
514
145,453
Germany
—
2.9%
BASF
SE
...................
32
1,530
Bayerische
Motoren
Werke
AG
....
29
3,017
Deutsche
Lufthansa
AG
(Registered)
(d)
393
3,268
Deutsche
Telekom
AG
(Registered)
.
1,088
26,708
Mercedes-Benz
Group
AG
........
1,179
79,598
Nordex
SE
(d)
.................
85
867
SAP
SE
....................
570
98,750
Siemens
AG
(Registered)
........
580
103,834
thyssenkrupp
AG
..............
91
562
318,134
Hong
Kong
—
0.3%
AIA
Group
Ltd.
(e)
..............
4,400
34,507
Indonesia
—
0.0%
Vale
Indonesia
Tbk.
PT
..........
4,600
1,128
Israel
—
0.2%
Bank
Hapoalim
BM
............
145
1,234
Nice
Ltd.
(d)
..................
4
830
Security
Shares
Shares
Value
Israel
(continued)
Wix.com
Ltd.
(d)
................
172
$
21,823
23,887
Italy
—
1.5%
A2A
SpA
...................
1,377
2,730
Enel
SpA
...................
12,905
88,055
Intesa
Sanpaolo
SpA
...........
11,881
36,609
UniCredit
SpA
................
1,194
34,975
162,369
Japan
—
5.3%
Aeon
Co.
Ltd.
................
100
2,390
Amada
Co.
Ltd.
...............
900
9,712
Astellas
Pharma,
Inc.
...........
2,800
32,599
Daiichi
Sankyo
Co.
Ltd.
..........
700
20,957
Daito
Trust
Construction
Co.
Ltd.
...
100
11,375
ENEOS
Holdings,
Inc.
..........
1,700
6,866
Kakaku.com,
Inc.
..............
400
4,550
Kirin
Holdings
Co.
Ltd.
..........
1,400
20,124
Marubeni
Corp.
...............
200
3,411
Mitsubishi
Corp.
...............
1,200
20,682
Mitsubishi
Estate
Co.
Ltd.
........
100
1,386
Mitsubishi
UFJ
Financial
Group,
Inc.
.
7,900
73,996
Mitsui
Fudosan
Co.
Ltd.
.........
2,300
57,739
Mizuho
Financial
Group,
Inc.
......
4,500
81,727
Nippon
Express
Holdings,
Inc.
.....
100
5,952
Ono
Pharmaceutical
Co.
Ltd.
......
300
5,407
ORIX
Corp.
..................
1,200
23,171
Otsuka
Holdings
Co.
Ltd.
........
300
11,793
Panasonic
Holdings
Corp.
........
2,600
24,489
Sega
Sammy
Holdings,
Inc.
.......
700
10,302
Sekisui
House
Ltd.
.............
1,200
27,089
Shimadzu
Corp.
...............
200
5,530
Shionogi
&
Co.
Ltd.
............
400
19,199
SoftBank
Corp.
...............
400
5,314
SoftBank
Group
Corp.
..........
100
4,317
Sompo
Holdings,
Inc.
...........
200
10,370
Sumitomo
Corp.
..............
100
2,300
Sumitomo
Mitsui
Financial
Group,
Inc.
600
31,208
Toho
Co.
Ltd.
................
200
6,515
Tokyo
Electron
Ltd.
............
200
37,114
577,584
Luxembourg
—
0.6%
ArcelorMittal
SA
...............
2,210
60,863
Mexico
—
0.2%
Alsea
SAB
de
CV
(d)
............
220
863
Grupo
Aeroportuario
del
Sureste
SAB
de
CV
,
Class
B
.............
30
873
Southern
Copper
Corp.
..........
219
17,980
Wal-Mart
de
Mexico
SAB
de
CV
....
325
1,343
21,059
Netherlands
—
1.3%
ABN
AMRO
Bank
NV
,
CVA
(b)
(c)
.....
466
6,858
ASR
Nederland
NV
............
99
4,666
ING
Groep
NV
................
6,301
89,528
NN
Group
NV
................
893
36,602
137,654
New
Zealand
—
0.0%
Xero
Ltd.
(d)
..................
66
4,724
Norway
—
0.5%
DNB
Bank
ASA
...............
2,057
39,988
Equinor
ASA
.................
341
9,758
Kongsberg
Gruppen
ASA
........
37
1,886
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
4
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Norway
(continued)
Norsk
Hydro
ASA
..............
251
$
1,471
53,103
Singapore
—
0.3%
DBS
Group
Holdings
Ltd.
........
200
4,737
Grab
Holdings
Ltd.
,
Class
A
(d)
......
241
740
Singapore
Airlines
Ltd.
..........
5,600
27,794
Singapore
Telecommunications
Ltd.
.
600
1,071
United
Overseas
Bank
Ltd.
.......
100
2,108
36,450
South
Africa
—
0.2%
Anglo
American
plc
............
893
21,364
MTN
Group
Ltd.
...............
42
214
MultiChoice
Group
(d)
............
143
573
22,151
South
Korea
—
0.8%
Amorepacific
Group
(d)
...........
358
6,578
BGF
retail
Co.
Ltd.
(d)
............
20
2,117
Cheil
Worldwide,
Inc.
...........
357
4,913
CJ
ENM
Co.
Ltd.
(d)
.............
110
5,876
Hugel,
Inc.
(d)
.................
43
4,885
Hyosung
Advanced
Materials
Corp.
(d)
2
489
KCC
Corp.
..................
5
921
LG
Chem
Ltd.
................
116
37,617
NCSoft
Corp.
(d)
...............
60
8,855
PharmaResearch
Co.
Ltd.
(d)
.......
59
4,650
Seegene,
Inc.
................
194
3,672
SK
Telecom
Co.
Ltd.
............
331
12,445
93,018
Spain
—
0.4%
Banco
Bilbao
Vizcaya
Argentaria
SA
.
797
7,460
Banco
Santander
SA
...........
1,616
6,495
Iberdrola
SA
(d)
................
29
349
Industria
de
Diseno
Textil
SA
......
741
31,683
Repsol
SA
..................
132
1,949
47,936
Sweden
—
0.6%
Saab
AB
,
Class
B
.............
174
11,204
Swedbank
AB
,
Class
A
..........
2,554
52,046
Trelleborg
AB
,
Class
B
..........
3
91
63,341
Switzerland
—
2.2%
ABB
Ltd.
(Registered)
...........
2,199
93,044
Flughafen
Zurich
AG
(Registered)
...
40
8,253
Kuehne
+
Nagel
International
AG
(Registered)
...............
191
64,726
Novartis
AG
(Registered)
........
663
68,563
Sonova
Holding
AG
(Registered)
...
1
320
234,906
Taiwan
—
0.9%
Makalot
Industrial
Co.
Ltd.
........
1,000
11,471
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
..................
4,000
80,074
Wisdom
Marine
Lines
Co.
Ltd.
.....
2,000
3,285
94,830
Turkey
—
0.1%
Anadolu
Efes
Biracilik
ve
Malt
Sanayii
A/S
,
Class
A
...............
390
1,809
Coca-Cola
Icecek
A/S
...........
22
388
Enerjisa
Enerji
A/S
(b)
(c)
...........
327
599
Security
Shares
Shares
Value
Turkey
(continued)
Migros
Ticaret
A/S
.............
231
$
3,107
5,903
United
Kingdom
—
1.9%
AstraZeneca
plc
..............
106
14,053
Auto
Trader
Group
plc
(b)
(c)
........
1,165
10,718
BAE
Systems
plc
..............
1,397
20,810
Barclays
plc
.................
9,872
18,345
British
Land
Co.
plc
(The)
........
1,760
8,460
Drax
Group
plc
...............
180
1,162
easyJet
plc
(d)
.................
324
2,268
Johnson
Matthey
plc
...........
40
825
Land
Securities
Group
plc
........
52
438
National
Grid
plc
..............
123
1,638
Smiths
Group
plc
..............
479
9,817
Spectris
plc
..................
384
17,877
Standard
Chartered
plc
..........
94
710
Taylor
Wimpey
plc
.............
2,782
5,194
Tesco
plc
...................
12,892
46,716
United
Utilities
Group
plc
.........
1,113
14,991
Vodafone
Group
plc
............
35,321
30,028
WPP
plc
....................
79
764
204,814
United
States
—
66.4%
3M
Co.
.....................
354
33,400
AbbVie,
Inc.
.................
314
51,622
Accenture
plc
,
Class
A
..........
67
24,380
Adient
plc
(d)
..................
56
1,944
Adobe,
Inc.
(d)
.................
207
127,880
AECOM
....................
786
69,317
Agilent
Technologies,
Inc.
........
666
86,647
Alaska
Air
Group,
Inc.
(d)
..........
60
2,150
Align
Technology,
Inc.
(d)
..........
3
802
Alkermes
plc
(d)
................
39
1,055
Alphabet,
Inc.
,
Class
A
(d)
.........
1,131
158,453
Alphabet,
Inc.
,
Class
C
(d)
.........
1,022
144,920
Amazon.com,
Inc.
(d)
............
2,019
313,349
Amdocs
Ltd.
.................
47
4,309
American
Express
Co.
..........
535
107,396
American
Tower
Corp.
..........
47
9,196
Amgen,
Inc.
.................
103
32,369
Apple,
Inc.
..................
2,925
539,370
Applied
Materials,
Inc.
..........
599
98,416
AptarGroup,
Inc.
..............
121
15,715
Archer-Daniels-Midland
Co.
.......
26
1,445
Axalta
Coating
Systems
Ltd.
(d)
.....
12
389
Bank
of
America
Corp.
..........
3,588
122,028
Berkshire
Hathaway,
Inc.
,
Class
B
(d)
.
148
56,793
Best
Buy
Co.,
Inc.
.............
960
69,590
Biogen,
Inc.
(d)
................
1
247
BioMarin
Pharmaceutical,
Inc.
(d)
....
70
6,166
Block,
Inc.
,
Class
A
(d)
...........
1,059
68,846
Booking
Holdings,
Inc.
(d)
.........
29
101,717
Boston
Scientific
Corp.
(d)
.........
261
16,511
Box,
Inc.
,
Class
A
(d)
............
493
12,808
Boyd
Gaming
Corp.
............
139
8,825
Bristol-Myers
Squibb
Co.
.........
979
47,844
Brixmor
Property
Group,
Inc.
......
38
853
Broadcom,
Inc.
...............
23
27,140
Bunge
Global
SA
..............
15
1,321
Cable
One,
Inc.
...............
2
1,098
Cadence
Design
Systems,
Inc.
(d)
...
330
95,192
Camden
Property
Trust
..........
157
14,733
Cardinal
Health,
Inc.
............
57
6,224
Cencora,
Inc.
................
34
7,911
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
5
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
United
States
(continued)
Centene
Corp.
(d)
..............
24
$
1,807
Chevron
Corp.
................
363
53,517
Ciena
Corp.
(d)
................
80
4,240
Cigna
Group
(The)
.............
12
3,611
Cirrus
Logic,
Inc.
(d)
.............
66
5,095
Citigroup,
Inc.
................
1,123
63,079
CNH
Industrial
NV
.............
122
1,464
Coca-Cola
Co.
(The)
...........
1,742
103,632
Colgate-Palmolive
Co.
..........
630
53,046
ConocoPhillips
...............
926
103,592
Costco
Wholesale
Corp.
.........
130
90,334
CSL
Ltd.
....................
47
9,230
Curtiss-Wright
Corp.
............
165
36,724
Deckers
Outdoor
Corp.
(d)
.........
3
2,261
Dell
Technologies,
Inc.
,
Class
C
....
78
6,465
Delta
Air
Lines,
Inc.
............
588
23,014
DR
Horton,
Inc.
...............
44
6,288
eBay,
Inc.
...................
869
35,690
Ecolab,
Inc.
.................
67
13,281
Edwards
Lifesciences
Corp.
(d)
.....
312
24,483
Electronic
Arts,
Inc.
............
181
24,902
Elevance
Health,
Inc.
...........
107
52,798
Eli
Lilly
&
Co.
................
129
83,284
EMCOR
Group,
Inc.
............
133
30,339
EOG
Resources,
Inc.
...........
96
10,924
Equinix,
Inc.
.................
8
6,638
Exact
Sciences
Corp.
(d)
..........
27
1,766
ExlService
Holdings,
Inc.
(d)
.......
77
2,409
Experian
plc
.................
593
24,682
Exxon
Mobil
Corp.
.............
454
46,676
F5,
Inc.
(d)
...................
9
1,653
Fortune
Brands
Innovations,
Inc.
...
7
543
Fox
Corp.
,
Class
A
.............
307
9,916
General
Electric
Co.
............
681
90,178
General
Mills,
Inc.
.............
1,035
67,182
General
Motors
Co.
............
1,114
43,223
Gilead
Sciences,
Inc.
...........
174
13,617
GoDaddy,
Inc.
,
Class
A
(d)
.........
75
7,999
Graco,
Inc.
..................
336
28,661
Guidewire
Software,
Inc.
(d)
........
16
1,787
Hewlett
Packard
Enterprise
Co.
....
147
2,248
Hologic,
Inc.
(d)
................
118
8,784
Home
Depot,
Inc.
(The)
.........
155
54,709
Honeywell
International,
Inc.
......
472
95,467
HP,
Inc.
....................
2,893
83,058
Incyte
Corp.
(d)
................
117
6,876
Intel
Corp.
..................
370
15,940
Intuitive
Surgical,
Inc.
(d)
..........
100
37,822
Invesco
Ltd.
.................
172
2,723
James
Hardie
Industries
plc
,
CDI
(d)
..
57
2,141
Johnson
&
Johnson
............
706
112,183
Jones
Lang
LaSalle,
Inc.
(d)
........
5
885
JPMorgan
Chase
&
Co.
.........
105
18,308
KB
Home
...................
10
596
KBR,
Inc.
...................
32
1,667
Keysight
Technologies,
Inc.
(d)
......
70
10,728
Kimberly-Clark
Corp.
...........
25
3,024
KLA
Corp.
...................
97
57,622
Lam
Research
Corp.
...........
19
15,678
Lear
Corp.
..................
75
9,967
Leidos
Holdings,
Inc.
...........
4
442
Lennar
Corp.
,
Class
A
...........
45
6,743
Louisiana-Pacific
Corp.
..........
7
466
Lululemon
Athletica,
Inc.
(d)
........
9
4,084
LyondellBasell
Industries
NV
,
Class
A
60
5,647
Security
Shares
Shares
Value
United
States
(continued)
Manhattan
Associates,
Inc.
(d)
......
268
$
65,006
Marathon
Oil
Corp.
.............
217
4,958
Marathon
Petroleum
Corp.
.......
303
50,177
Marsh
&
McLennan
Cos.,
Inc.
.....
41
7,947
Mastercard,
Inc.
,
Class
A
.........
324
145,550
McDonald's
Corp.
.............
89
26,052
McKesson
Corp.
..............
20
9,998
Medtronic
plc
................
1,172
102,597
Merck
&
Co.,
Inc.
..............
561
67,758
Meta
Platforms,
Inc.
,
Class
A
(d)
.....
274
106,898
MetLife,
Inc.
.................
1,126
78,054
Mettler-Toledo
International,
Inc.
(d)
..
4
4,789
Microsoft
Corp.
...............
1,336
531,167
Molson
Coors
Beverage
Co.
,
Class
B
124
7,662
Mondelez
International,
Inc.
,
Class
A
.
8
602
Moody's
Corp.
................
230
90,169
MSCI,
Inc.
..................
12
7,183
Nasdaq,
Inc.
.................
57
3,293
Nestle
SA
(Registered)
..........
1,078
122,839
Netflix,
Inc.
(d)
.................
24
13,539
Neurocrine
Biosciences,
Inc.
(d)
.....
55
7,687
NextEra
Energy,
Inc.
...........
43
2,521
Nutanix,
Inc.
,
Class
A
(d)
..........
181
10,172
NVIDIA
Corp.
................
491
302,098
Oshkosh
Corp.
...............
185
20,368
Otis
Worldwide
Corp.
...........
243
21,491
Owens
Corning
...............
25
3,788
Paramount
Global
,
Class
B
.......
325
4,742
PepsiCo,
Inc.
................
596
100,444
PPG
Industries,
Inc.
............
22
3,103
Procter
&
Gamble
Co.
(The)
......
221
34,728
Prologis,
Inc.
.................
105
13,302
Prudential
Financial,
Inc.
.........
150
15,739
PulteGroup,
Inc.
..............
43
4,496
QUALCOMM,
Inc.
.............
749
111,234
Regeneron
Pharmaceuticals,
Inc.
(d)
..
11
10,371
Reinsurance
Group
of
America,
Inc.
.
27
4,695
Robert
Half,
Inc.
..............
59
4,693
Ryder
System,
Inc.
.............
10
1,136
S&P
Global,
Inc.
..............
162
72,633
Salesforce,
Inc.
(d)
..............
28
7,870
Schneider
Electric
SE
...........
289
56,774
Snap,
Inc.
,
Class
A
(d)
...........
15
238
Splunk,
Inc.
(d)
................
25
3,834
Spotify
Technology
SA
(d)
.........
174
37,471
Starbucks
Corp.
...............
8
744
Stellantis
NV
.................
24
529
Stryker
Corp.
................
43
14,426
Synchrony
Financial
............
481
18,696
Target
Corp.
.................
264
36,717
Taylor
Morrison
Home
Corp.
(d)
.....
56
2,920
TE
Connectivity
Ltd.
............
661
93,988
Teradata
Corp.
(d)
..............
121
5,588
Tesla,
Inc.
(d)
..................
378
70,796
Tetra
Tech,
Inc.
...............
120
18,982
Textron,
Inc.
.................
350
29,648
TJX
Cos.,
Inc.
(The)
............
444
42,140
Toll
Brothers,
Inc.
..............
10
993
Travelers
Cos.,
Inc.
(The)
........
63
13,316
UGI
Corp.
...................
981
21,719
United
Airlines
Holdings,
Inc.
(d)
.....
49
2,028
UnitedHealth
Group,
Inc.
.........
55
28,146
Valero
Energy
Corp.
............
646
89,729
Veeva
Systems,
Inc.
,
Class
A
(d)
....
5
1,037
VeriSign,
Inc.
(d)
...............
196
38,980
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
6
(Percentages
shown
are
based
on
Net
Assets)
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the period
ended
January
31,
2024
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Security
Shares
Shares
Value
United
States
(continued)
Vertex
Pharmaceuticals,
Inc.
(d)
.....
54
$
23,402
Visa,
Inc.
,
Class
A
.............
68
18,582
Visteon
Corp.
(d)
...............
66
7,609
Walmart,
Inc.
.................
42
6,940
Weyerhaeuser
Co.
.............
884
28,969
Workday,
Inc.
,
Class
A
(d)
.........
38
11,061
Workiva,
Inc.
,
Class
A
(d)
..........
6
558
Yum!
Brands,
Inc.
.............
260
33,667
Zillow
Group,
Inc.
,
Class
C
(d)
......
551
31,319
7,233,304
Total
Common
Stocks
—
98.1%
(Cost:
$
9,924,331
)
..............................
10,681,427
Preferred
Securities
Preferred
Stocks
—
0.1%
Brazil
—
0.1%
Azul
SA
(Preference)
...........
770
2,087
Braskem
SA
(Preference)
,
Series
A
..
1,969
7,106
Security
Shares
Shares
Value
Brazil
(continued)
Cia
Energetica
de
Minas
Gerais
(Preference)
...............
74
$
172
9,365
Total
Preferred
Stocks
—
0.1%  
(Cost:
$
10,223
)
................................
9,365
Total
Long-Term
Investments
—
98
.2
%
(Cost:
$
9,934,554
)
..............................
10,690,792
Short-Term
Securities
Money
Market
Funds
—
2.4%
(f)(g)
BlackRock
Liquidity
Funds,
T-Fund,
Institutional
Class
,
5.21
%
......
231,094
231,094
SL
Liquidity
Series,
LLC,
Money
Market
Series
,
5.49
%
(h)
.............
34,906
34,920
Total
Short-Term
Securities
—
2
.4
%
(Cost:
$
266,014
)
................................
266,014
Total
Investments
—
100.6%
(Cost:
$
10,200,568
)
..............................
10,956,806
Liabilities
in
Excess
of
Other
Assets
—
(
0.6
)
%
............
(
63,736
)
Net
Assets
—
100.0%
..............................
$
10,893,070
(a)
A
security
contractually
bound
to
one
or
more
other
securities
to
form
a
single
saleable
unit
which
cannot
be
sold
separately.
(b)
Security
exempt
from
registration
pursuant
to
Rule
144A
under
the
Securities
Act
of
1933,
as
amended.
These
securities
may
be
resold
in
transactions
exempt
from
registration
to
qualified
institutional
investors.
(c)
This
security
may
be
resold
to
qualified
foreign
investors
and
foreign
institutional
buyers
under
Regulation
S
of
the
Securities
Act
of
1933.
(d)
Non-income
producing
security.
(e)
All
or
a
portion
of
this
security
is
on
loan.
(f)
Affiliate
of
the
Fund.
(g)
Annualized
7-day
yield
as
of
period
end.
(h)
All
or
a
portion
of
this
security
was
purchased
with
the
cash
collateral
from
loaned
securities.
Affiliated
Issuer
Value
at
06/21/23
(a)
Purchases
at
Cost
Proceeds
from
Sale
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
01/31/24
Shares
Held
at
01/31/24
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Liquidity
Funds,
T-Fund,
Institutional
Class
.
$
—
$
231,094
(b)
$
—
$
—
$
—
$
231,094
231,094
$
7,999
$
—
SL
Liquidity
Series,
LLC,
Money
Market
Series
.........
—
34,920
(b)
—
—
—
34,920
34,906
2
(c)
—
$
—
$
—
$
266,014
$
8,001
$
—
—
—
(a)
Commencement
of
operations.
(b)
Represents
net
amount
purchased
(sold).
(c)
All
or
a
portion
represents
securities
lending
income
earned
from
the
reinvestment
of
cash
collateral
from
loaned
securities,
net
of
fees
and
collateral
investment
expenses,
and
other
payments
to
and
from
borrowers
of
securities.
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
7
Fair
Value
Hierarchy
as
of
Period
End
Various
inputs
are
used
in
determining
the
fair
value
of
financial
instruments.
These
inputs
to
valuation
techniques
are
categorized
into
a
fair
value
hierarchy
consisting
of
three
broad
levels
for
financial
reporting
purposes
as
follows:
Level
1
—
Unadjusted
price
quotations
in
active
markets/exchanges
for
identical
assets
or
liabilities
that
the
Fund
has
the
ability
to
access;
Level
2
—
Other
observable
inputs
(including,
but
not
limited
to,
quoted
prices
for
similar
assets
or
liabilities
in
markets
that
are
active,
quoted
prices
for
identical
or
similar
assets
or
liabilities
in
markets
that
are
not
active,
inputs
other
than
quoted
prices
that
are
observable
for
the
assets
or
liabilities
(such
as
interest
rates,
yield
curves,
volatilities,
prepayment
speeds,
loss
severities,
credit
risks
and
default
rates)
or
other
market-corroborated
inputs);
and
Level
3
—
Unobservable
inputs
based
on
the
best
information
available
in
the
circumstances,
to
the
extent
observable
inputs
are
not
available
(including
the
Valuation
Committee's
assumptions
used
in
determining
the
fair
value
of
financial
instruments).
The
hierarchy
gives
the
highest
priority
to
unadjusted
quoted
prices
in
active
markets
for
identical
assets
or
liabilities
(Level
1
measurements)
and
the
lowest
priority
to
unobservable
inputs
(Level
3
measurements).
Accordingly,
the
degree
of
judgment
exercised
in
determining
fair
value
is
greatest
for
instruments
categorized
in
Level
3.
The
inputs
used
to
measure
fair
value
may
fall
into
different
levels
of
the
fair
value
hierarchy.
In
such
cases,
for
disclosure
purposes,
the
fair
value
hierarchy
classification
is
determined
based
on
the
lowest
level
input
that
is
significant
to
the
fair
value
measurement
in
its
entirety.
Investments
classified
within
Level
3
have
significant
unobservable
inputs
used
by
the
Valuation
Committee
in
determining
the
price
for
Fair
Valued
Investments.
Level
3
investments
include
equity
or
debt
issued
by
privately
held
companies
or
funds.
There
may
not
be
a
secondary
market,
and/
or
there
are
a
limited
number
of
investors.
The
categorization
of
a
value
determined
for
financial
instruments
is
based
on
the
pricing
transparency
of
the
financial
instruments
and
is
not
necessarily
an
indication
of
the
risks
associated
with
investing
in
those
securities.
For
information
about
the
Fund’s
policy
regarding
valuation
of
financial
instruments,
refer
to
its
most
recent
financial
statements.
Certain
investments
of
the
Fund
were
fair
valued
using
net
asset
value
("NAV")
as
a
practical
expedient
as
no
quoted
market
value
is
available
and
therefore
have
been
excluded
from
the
fair
value
hierarchy.
The
following
table
summarizes
the
Fund’s
financial
instruments
categorized
in
the
fair
value
hierarchy.
The
breakdown
of
the
Fund's
financial
instruments
into
major
categories
is
disclosed
in
the
Schedule
of
Investments
above.
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
MSCI
India
Index
..........................................................
1
03/15/24
$
116
$
6,108
S&P
500
Micro
E-Mini
Index
...................................................
3
03/15/24
73
1,198
$
7,306
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
Australia
.............................................
$
—
$
130,441
$
—
$
130,441
Austria
..............................................
—
18,195
—
18,195
Belgium
.............................................
9,361
19,408
—
28,769
Brazil
...............................................
172,238
2,743
—
174,981
Canada
.............................................
213,137
—
—
213,137
Chile
...............................................
—
14,058
—
14,058
China
...............................................
—
325,812
—
325,812
Denmark
.............................................
—
187,026
—
187,026
Finland
..............................................
—
11,890
—
11,890
France
..............................................
—
145,453
—
145,453
Germany
............................................
—
318,134
—
318,134
Hong
Kong
...........................................
—
34,507
—
34,507
Indonesia
............................................
1,128
—
—
1,128
Israel
...............................................
21,823
2,064
—
23,887
Italy
................................................
—
162,369
—
162,369
Japan
...............................................
—
577,584
—
577,584
Luxembourg
..........................................
—
60,863
—
60,863
Mexico
..............................................
21,059
—
—
21,059
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
Sustainable
Advantage
Global
Equity
Fund
8
Level
1
Level
2
Level
3
Total
Netherlands
...........................................
$
—
$
137,654
$
—
$
137,654
New
Zealand
..........................................
—
4,724
—
4,724
Norway
..............................................
—
53,103
—
53,103
Singapore
............................................
740
35,710
—
36,450
South
Africa
...........................................
787
21,364
—
22,151
South
Korea
..........................................
—
93,018
—
93,018
Spain
...............................................
—
47,936
—
47,936
Sweden
.............................................
—
63,341
—
63,341
Switzerland
...........................................
—
234,906
—
234,906
Taiwan
..............................................
—
94,830
—
94,830
Turkey
..............................................
—
5,903
—
5,903
United
Kingdom
........................................
1,987
202,827
—
204,814
United
States
..........................................
7,017,109
216,195
—
7,233,304
Preferred
Securities
.......................................
9,365
—
—
9,365
Short-Term
Securities
Money
Market
Funds
......................................
231,094
—
—
231,094
$
7,699,828
$
3,222,058
$
—
$
10,921,886
Investments
Valued
at
NAV
(a)
......................................
34,920
$
10,956,806
Derivative
Financial
Instruments
(b)
Assets
Equity
contracts
...........................................
$
1,198
$
6,108
$
—
$
7,306
(a)
Certain
investments
of
the
Fund
were
fair
valued
using
NAV
as
a
practical
expedient
as
no
quoted
market
value
is
available
and
therefore
have
been
excluded
from
the
fair
value
hierarchy.
(b)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Portfolio
Abbreviation
CDI
Crest
Depository
Interests
CVA
Certification
Van
Aandelon
(Dutch
Certificate)
MSCI
Morgan
Stanley
Capital
International
REIT
Real
Estate
Investment
Trust
SCA
Svenska
Cellulosa
Aktiebolaget
Fair
Value
Hierarchy
as
of
Period
End
(continued)