Schedule of Investments (unaudited) 
June 30, 2026
iShares® Russell Top 200 Growth ETF
(Percentages shown are based on Net Assets)
 
Security
 
 
Shares
Value
Common Stocks
Aerospace & Defense — 2.5%
Boeing Co. (The)(a)
286,923
$  62,110,222
General Electric Co.
602,143
225,038,903
Howmet Aerospace, Inc.
232,069
62,394,071
Lockheed Martin Corp.
118,419
60,329,744
TransDigm Group, Inc.
16,430
21,885,417
 
431,758,357
Automobiles — 4.6%
Tesla, Inc.(a)
1,846,622
776,689,213
Banks — 0.4%
Bank of America Corp.
262,679
14,967,449
Citigroup, Inc.
153,972
21,549,921
NU Holdings Ltd., Class A(a)
2,021,433
27,006,345
 
63,523,715
Beverages — 0.3%
Coca-Cola Co. (The)
260,153
21,142,634
Monster Beverage Corp.(a)
186,503
17,926,668
PepsiCo, Inc.
94,089
12,739,651
 
51,808,953
Biotechnology — 0.6%
AbbVie, Inc.
82,357
20,724,315
Amgen, Inc.
222,590
80,604,291
 
101,328,606
Broadline Retail — 0.7%
Amazon.com, Inc.(a)
472,218
112,548,438
Building Products — 0.4%
Johnson Controls International PLC
22,852
3,338,906
Trane Technologies PLC
128,791
63,256,987
 
66,595,893
Capital Markets — 0.6%
Bank of New York Mellon Corp. (The)
24,881
3,598,041
Blackstone, Inc., Class A
343,122
40,375,166
Brookfield Asset Management Ltd., Class A
206,178
9,247,083
Charles Schwab Corp. (The)
71,445
6,592,230
Interactive Brokers Group, Inc., Class A
101,032
8,793,825
KKR & Co., Inc., Class A
87,415
8,022,949
Moody’s Corp.
40,492
18,339,637
 
94,968,931
Chemicals — 0.1%
Sherwin-Williams Co. (The)
35,600
12,257,792
Commercial Services & Supplies — 0.3%
Cintas Corp.
198,789
33,810,033
Waste Management, Inc.
58,414
13,019,312
 
46,829,345
Communications Equipment — 0.9%
Arista Networks, Inc.(a)
608,806
103,423,963
Ciena Corp.(a)
82,032
40,241,618
Motorola Solutions, Inc.
36,713
15,246,542
 
158,912,123
Construction & Engineering — 0.4%
Quanta Services, Inc.
87,015
62,654,281
Consumer Finance — 0.2%
American Express Co.
90,121
30,483,428
Security
 
 
Shares
Value
Consumer Staples Distribution & Retail — 0.8%
Costco Wholesale Corp.
113,155
$  105,853,108
Walmart, Inc.
219,729
24,886,506
 
130,739,614
Diversified Telecommunication Services — 0.3%
Space Exploration Technologies Corp., Class A(a)(b)
278,851
47,644,482
Electric Utilities — 0.0%
Constellation Energy Corp.
12,475
3,098,416
Electrical Equipment — 1.9%
Bloom Energy Corp., Class A(a)
156,468
47,362,864
Eaton Corp. PLC
35,014
14,920,166
GE Vernova, Inc.
156,862
184,290,889
Vertiv Holdings Co., Class A
223,655
74,884,167
 
321,458,086
Electronic Equipment, Instruments & Components — 1.4%
Amphenol Corp., Class A
715,023
126,072,855
Corning, Inc.
460,916
117,731,774
 
243,804,629
Entertainment — 1.3%
Netflix, Inc.(a)
2,445,973
174,642,472
Spotify Technology SA(a)
92,081
42,277,150
 
216,919,622
Financial Services — 3.4%
Mastercard, Inc., Class A
470,925
241,867,080
Visa, Inc., Class A
962,606
330,260,493
 
572,127,573
Ground Transportation — 0.1%
Uber Technologies, Inc.(a)
112,599
8,125,144
Union Pacific Corp.
23,413
6,368,336
 
14,493,480
Health Care Equipment & Supplies — 0.5%
Intuitive Surgical, Inc.(a)
205,504
81,724,831
Health Care Providers & Services — 0.3%
McKesson Corp.
67,028
50,646,357
Hotels, Restaurants & Leisure — 1.6%
Airbnb, Inc., Class A(a)
241,069
34,496,974
Booking Holdings, Inc.
451,315
80,442,386
DoorDash, Inc., Class A(a)
218,478
40,315,745
Hilton Worldwide Holdings, Inc.
130,096
42,991,524
Marriott International, Inc., Class A
95,004
35,207,532
Starbucks Corp.
365,504
37,350,854
 
270,805,015
Household Products — 0.1%
Colgate-Palmolive Co.
199,797
18,317,389
Industrial Conglomerates — 0.0%
3M Co.
42,431
6,870,003
Interactive Media & Services — 15.2%
Alphabet, Inc., Class A
3,019,578
1,079,106,590
Alphabet, Inc., Class C, NVS
2,463,987
870,600,527
Meta Platforms, Inc., Class A
1,105,286
622,596,551
 
2,572,303,668
Machinery — 1.9%
Caterpillar, Inc.
264,812
281,998,299
Cummins, Inc.
36,494
26,027,886
Illinois Tool Works, Inc.
48,743
13,183,519
 
321,209,704
1
Schedule of Investments (unaudited) (continued)
June 30, 2026
iShares® Russell Top 200 Growth ETF
(Percentages shown are based on Net Assets)
Security
 
 
Shares
Value
Metals & Mining — 0.0%
Southern Copper Corp.
12,317
$  2,146,360
Oil, Gas & Consumable Fuels — 0.0%
Valero Energy Corp.
20,734
5,399,963
Pharmaceuticals — 3.3%
Eli Lilly & Co.
472,978
567,304,003
Professional Services — 0.1%
Automatic Data Processing, Inc.
85,910
19,239,545
Semiconductors & Semiconductor Equipment — 35.2%
Advanced Micro Devices, Inc.(a)
948,266
550,857,202
Analog Devices, Inc.
20,176
8,013,302
Applied Materials, Inc.
462,164
334,144,572
Broadcom, Inc.
2,527,107
954,614,669
KLA Corp.
762,570
230,074,995
Lam Research Corp.
728,584
315,717,305
Marvell Technology, Inc.
508,510
151,480,044
Micron Technology, Inc.
714,819
825,108,423
Monolithic Power Systems, Inc.
27,561
38,099,224
NVIDIA Corp.
11,985,399
2,398,158,486
Texas Instruments, Inc.
530,132
158,016,445
 
5,964,284,667
Software — 9.6%
Adobe, Inc.(a)
164,085
33,640,707
AppLovin Corp., Class A(a)
139,906
72,083,768
Cadence Design Systems, Inc.(a)
160,767
60,339,070
Crowdstrike Holdings, Inc., Class A(a)
146,287
111,637,461
Fortinet, Inc.(a)
353,343
54,280,552
Intuit, Inc.
49,683
12,967,263
Microsoft Corp.
2,070,791
772,446,459
Oracle Corp.
999,171
146,428,510
Palantir Technologies, Inc., Class A(a)
1,294,565
151,036,899
Palo Alto Networks, Inc.(a)
470,101
160,313,843
ServiceNow, Inc.(a)
598,290
59,398,231
 
1,634,572,763
Specialized REITs — 0.2%
American Tower Corp.
175,844
28,762,803
Public Storage
10,463
3,330,478
 
32,093,281
Security
 
 
Shares
Value
Specialty Retail — 1.5%
AutoZone, Inc.(a)
1,302
$  4,161,114
Carvana Co., Class A(a)
404,118
26,599,047
Home Depot, Inc. (The)
430,424
151,801,936
Ross Stores, Inc.
160,557
34,174,557
TJX Cos., Inc. (The)
294,423
44,605,085
 
261,341,739
Technology Hardware, Storage & Peripherals — 9.1%
Apple Inc.
4,175,898
1,208,337,845
Dell Technologies, Inc., Class C
20,735
8,946,323
Sandisk Corp.(a)
84,821
192,860,052
Western Digital Corp.
197,055
125,862,970
 
1,536,007,190
Total Long-Term Investments — 99.8%
(Cost: $12,062,281,075)
16,904,911,455
Short-Term Securities
Money Market Funds — 0.4%
BlackRock Cash Funds: Institutional, SL Agency
Shares, 3.82%(c)(d)(e)
37,657,108
37,668,405
BlackRock Cash Funds: Treasury, SL Agency Shares,
3.62%(c)(d)
27,716,229
27,716,229
Total Short-Term Securities — 0.4%
(Cost: $65,384,634)
65,384,634
Total Investments — 100.2%
(Cost: $12,127,665,709)
16,970,296,089
Liabilities in Excess of Other Assets — (0.2)%
(35,104,755
)
Net Assets — 100.0%
$  16,935,191,334
 
(a)
Non-income producing security.
(b)
All or a portion of this security is on loan.
(c)
Affiliate of the Fund.
(d)
Annualized 7-day yield as of period end.
(e)
All or a portion of this security was purchased with the cash collateral from loaned
securities.
 
2
Schedule of Investments (unaudited) (continued)
June 30, 2026
iShares® Russell Top 200 Growth ETF
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended June 30, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
03/31/26
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain
(Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
06/30/26
Shares
Held at
06/30/26
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Institutional,
SL Agency Shares
$  8,106,430
 
$  29,561,696
(a)
$  —
$  (381
)
$  660
$  37,668,405
37,657,108
$  3,369
(b)
$  —
BlackRock Cash Funds: Treasury, SL
Agency Shares
24,679,836
 
3,036,393
(a)
—
—
—
27,716,229
27,716,229
265,863
—
 
$  (381
)
$  660
$  65,384,634
$  269,232
$  —
 
(a)
Represents net amount purchased (sold).
(b)
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and
from borrowers of securities.
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts 
Description
Number of
Contracts
Expiration
Date
Notional
Amount
(000)
Value/
Unrealized
Appreciation
(Depreciation)
Long Contracts
 
 
Russell 1000 Growth E-Mini Index
113
09/18/26
$  28,513
$  865,448
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 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. 
3
Schedule of Investments (unaudited) (continued)
June 30, 2026
iShares® Russell Top 200 Growth ETF
Fair Value Hierarchy as of Period End (continued)
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
Investments
Long-Term Investments
Common Stocks 
$  16,904,911,455
$  —
$  —
$  16,904,911,455
Short-Term Securities
Money Market Funds
65,384,634
—
—
65,384,634
 
$  16,970,296,089
$  —
$  —
$  16,970,296,089
Derivative Financial Instruments(a)
Assets
Equity Contracts
$  865,448
$  —
$  —
$  865,448
 
(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
REIT
Real Estate Investment Trust
4