Schedule of Investments (unaudited)
June 30, 2025
iShares® Global 100 ETF
(Percentages shown are based on Net Assets)
 
Security
Shares
Value
Common Stocks
Australia — 0.4%
BHP Group Ltd.
1,068,009
$25,693,728
China — 1.3%
Tencent Holdings Ltd.
1,295,400
83,469,886
France — 2.6%
AXA SA
362,210
17,786,334
Cie de Saint-Gobain SA
105,674
12,414,077
Engie SA
370,593
8,709,972
L'Oreal SA
48,341
20,707,048
LVMH Moet Hennessy Louis Vuitton SE
53,502
28,001,883
Sanofi SA
224,432
21,728,105
Schneider Electric SE
113,450
30,459,616
TotalEnergies SE
477,629
29,193,963
 
169,000,998
Germany — 3.5%
Allianz SE, Registered
81,251
32,974,370
BASF SE
187,549
9,276,081
Bayer AG, Registered
207,830
6,261,358
Deutsche Bank AG, Registered
409,364
12,135,772
Deutsche Telekom AG, Registered
734,419
26,882,378
E.ON SE
469,291
8,646,983
Mercedes-Benz Group AG
145,656
8,485,946
Muenchener Rueckversicherungs-Gesellschaft AG in
Muenchen, Registered
27,995
18,178,121
SAP SE
214,540
65,601,956
Siemens AG, Registered
157,670
40,498,854
 
228,941,819
Japan — 2.1%
Bridgestone Corp.
123,700
5,058,362
Canon Inc.
201,250
5,836,998
Honda Motor Co. Ltd.
1,018,500
9,821,238
Mitsubishi UFJ Financial Group Inc.
2,539,100
34,617,043
Seven & i Holdings Co. Ltd.
502,960
8,095,300
Sony Group Corp.
1,289,400
33,524,794
Toyota Motor Corp.
2,592,200
44,645,422
 
141,599,157
Netherlands — 1.2%
ASML Holding NV
82,864
66,401,986
ING Groep NV
661,234
14,492,721
 
80,894,707
South Korea — 0.7%
Samsung Electronics Co. Ltd.
1,013,854
44,834,250
Spain — 0.7%
Banco Bilbao Vizcaya Argentaria SA
1,211,041
18,647,942
Banco Santander SA
3,176,990
26,308,265
 
44,956,207
Switzerland — 3.1%
ABB Ltd., Registered
336,743
20,180,611
Nestle SA, Registered
542,110
53,900,014
Novartis AG, Registered
400,016
48,552,781
Roche Holding AG, Bearer
6,075
2,111,251
Roche Holding AG, NVS
147,822
48,252,007
Swiss Re AG
61,191
10,585,250
UBS Group AG, Registered
653,866
22,199,888
 
205,781,802
United Kingdom — 4.0%
Anglo American PLC, NVS
245,689
7,242,391
AstraZeneca PLC
325,107
45,244,860
Security
Shares
Value
United Kingdom (continued)
Barclays PLC
3,030,154
$14,001,632
BP PLC
3,357,198
16,726,539
Diageo PLC
466,428
11,761,491
GSK PLC
871,214
16,610,963
HSBC Holdings PLC
3,707,514
44,846,757
National Grid PLC
1,025,740
15,056,487
Prudential PLC
554,145
6,935,812
Rio Tinto PLC
223,838
13,028,282
Shell PLC
1,257,737
43,881,836
Unilever PLC
529,411
32,307,940
 
267,644,990
United States — 80.2%
3M Co.
114,086
17,368,453
Abbott Laboratories
366,068
49,788,909
Accenture PLC, Class A
131,143
39,197,331
Alphabet Inc., Class A
1,224,551
215,802,623
Alphabet Inc., Class C, NVS
987,792
175,224,423
Amazon.com Inc.(a)
1,988,013
436,150,172
American Tower Corp.
98,498
21,770,028
Aon PLC, Class A
45,451
16,215,099
Apple Inc.
3,142,557
644,758,420
Bristol-Myers Squibb Co.
425,481
19,695,515
Broadcom Inc.
989,309
272,703,026
Caterpillar Inc.
98,956
38,415,709
Chevron Corp.
341,727
48,931,889
Cisco Systems Inc.
835,056
57,936,185
Citigroup Inc.
393,137
33,463,821
Coca-Cola Co. (The)
815,021
57,662,736
Colgate-Palmolive Co.
170,536
15,501,722
DuPont de Nemours Inc.
86,837
5,956,150
Eli Lilly & Co.
165,508
129,018,451
Emerson Electric Co.
118,519
15,802,138
Exxon Mobil Corp.
906,841
97,757,460
Ford Motor Co.
816,015
8,853,763
General Electric Co.
225,035
57,921,759
Goldman Sachs Group Inc. (The)
64,561
45,693,048
Honeywell International Inc.
136,336
31,749,928
HP Inc.
197,056
4,819,990
Intel Corp.
917,782
20,558,317
International Business Machines Corp.
195,549
57,643,934
Johnson & Johnson
506,247
77,329,229
Johnson Controls International PLC
138,718
14,651,395
JPMorgan Chase & Co.
584,732
169,519,654
Kimberly-Clark Corp.
69,735
8,990,236
Linde PLC
99,042
46,468,526
Marsh & McLennan Companies Inc.
103,672
22,666,846
Mastercard Inc., Class A
170,754
95,953,503
McDonald's Corp.
150,252
43,899,127
Merck & Co. Inc.
530,383
41,985,118
Microsoft Corp.
1,563,837
777,868,162
Morgan Stanley
259,441
36,544,859
Nike Inc., Class B
248,236
17,634,685
Nvidia Corp.
5,131,238
810,684,292
PepsiCo Inc.
287,559
37,969,290
Pfizer Inc.
1,188,185
28,801,604
Philip Morris International Inc.
327,497
59,647,029
Procter & Gamble Co. (The)
493,301
78,592,715
Qualcomm Inc.
231,893
36,931,279
RTX Corp.
281,090
41,044,762
ServiceNow Inc.(a)
43,554
44,776,996
Texas Instruments Inc.
190,868
39,628,014
Thermo Fisher Scientific Inc.
80,198
32,517,081
 
1
Schedule of Investments (unaudited)(continued)
June 30, 2025
iShares® Global 100 ETF
(Percentages shown are based on Net Assets)
Security
Shares
Value
United States (continued)
Walmart Inc.
909,545
$88,935,310
 
5,289,400,711
Total Long-Term Investments — 99.8%
(Cost: $3,763,699,565)
6,582,218,255
Short-Term Securities
Money Market Funds — 0.1%
BlackRock Cash Funds: Treasury, SL Agency Shares,
4.30%(b)(c)
8,710,000
8,710,000
Total Short-Term Securities — 0.1%
(Cost: $8,710,000)
8,710,000
Total Investments — 99.9%
(Cost: $3,772,409,565)
6,590,928,255
Other Assets Less Liabilities — 0.1%
7,273,116
Net Assets — 100.0%
$6,598,201,371
 
(a)
Non-income producing security.
(b)
Affiliate of the Fund.
(c)
Annualized 7-day yield as of period end.
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
03/31/25
Purchases
at Cost
Proceeds
from Sales
Net Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
06/30/25
Shares
Held at
06/30/25
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Treasury, SL Agency Shares
$7,600,000
$1,110,000
(a)
$—
$—
$—
$8,710,000
8,710,000
$115,191
$—
 
(a)
Represents net amount purchased (sold).
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
 
 
 
Euro STOXX 50 Index
33
09/19/25
$2,071
$11,973
S&P 500 E-Mini Index
42
09/19/25
13,133
345,443
 
 
 
$357,416
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. 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 that the Fund has the ability to access for identical assets or liabilities;
• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (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
2 
Schedule of Investments (unaudited)(continued)
June 30, 2025
iShares® Global 100 ETF
 
Fair Value Hierarchy as of Period End (continued)
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 that may not have a secondary market and/or may have 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.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.  
 
Level 1
Level 2
Level 3
Total
Assets 
Investments 
Long-Term Investments 
Common Stocks
$5,289,400,711
$1,292,817,544
$—
$6,582,218,255
Short-Term Securities 
Money Market Funds
8,710,000
—
—
8,710,000
 
$5,298,110,711
$1,292,817,544
$—
$6,590,928,255
Derivative Financial Instruments(a) 
Assets 
Equity Contracts
$357,416
$—
$—
$357,416
 
(a)
Derivative financial instruments are futures contracts.  Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.   
 
Portfolio Abbreviation
NVS
Non-Voting Shares
 
3