NPORT-P
false
0000844779
XXXXXXXX
S000001878
C000004917
BlackRock Funds
811-05742
0000844779
549300OZUEVJZHOBFP42
100 Bellevue Parkway
Wilmington
19809
800-441-7762
BlackRock Exchange Portfolio
S000001878
549300MFYV3Z42Z33674
2026-12-31
2026-06-30
N
267215708.82
574166.75
266641542.07
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
N
GENERAL DYNAMICS CORP
9C1X8XOOTYY2FNYTVH06
GENERAL DYNAMICS CORP COM
369550108
78065.00000000
NS
USD
27653745.60000000
10.37113173938
Long
EC
CORP
US
N
1
N
N
N
EXXONMOBIL HOLDINGS CORP
J3WHBG0MTS7O8ZVMDC91
EXXON MOBIL CORP COM
30231G102
54584.00000000
NS
USD
7462724.48000000
2.798785373826
Long
EC
CORP
US
N
1
N
N
N
SANDOZ GROUP AG
5493000JWK6XWFEUD320
SANDOZ GROUP AG SPONSORED ADS
799926100
13736.00000000
NS
USD
1242970.64000000
0.466157910110
Long
EC
CORP
CH
N
1
N
N
N
PROCTER & GAMBLE COMPANY (THE)
2572IBTT8CCZW6AU4141
PROCTER & GAMBLE COMPANY (THE) COM
742718109
20126.00000000
NS
USD
2951276.64000000
1.106833022749
Long
EC
CORP
US
N
1
N
N
N
JP MORGAN CHASE & COMPANY
8I5DZWZKVSZI1NUHU748
JP MORGAN CHASE & COMPANY COM
46625H100
72443.00000000
NS
USD
23712767.19000000
8.893125581975
Long
EC
CORP
US
N
1
N
N
N
MERCK & COMPANY INC
4YV9Y5M8S0BRK1RP0397
MERCK & COMPANY INC COM
58933Y105
68117.00000000
NS
USD
8753034.50000000
3.282697224164
Long
EC
CORP
US
N
1
N
N
N
VIATRIS INC
254900ZZTSW7NL773X71
VIATRIS INC COM
92556V106
14108.00000000
NS
USD
224035.04000000
0.084021056231
Long
EC
CORP
US
N
1
N
N
N
WALMART INC
Y87794H0US1R65VBXU25
WALMART INC COM
931142103
82272.00000000
NS
USD
9318126.72000000
3.494626774080
Long
EC
CORP
US
N
1
N
N
N
BERKSHIRE HATHAWAY INC
5493000C01ZX7D35SD85
BERKSHIRE HATHAWAY INC CL B NEW
084670702
55371.00000000
NS
USD
27707094.69000000
10.39113953321
Long
EC
CORP
US
N
1
N
N
N
VISA INC
549300JZ4OKEHW3DPJ59
VISA INC COM CL A
92826C839
39748.00000000
NS
USD
13637141.32000000
5.114409860568
Long
EC
CORP
US
N
1
N
N
N
KEYSIGHT TECHNOLOGIES INC
549300GLKVIO8YRCYN02
KEYSIGHT TECHNOLOGIES INC COM
49338L103
14874.00000000
NS
USD
5206941.18000000
1.952786928689
Long
EC
CORP
US
N
1
N
N
N
JOHNSON & JOHNSON
549300G0CFPGEF6X2043
JOHNSON & JOHNSON COM
478160104
55418.00000000
NS
USD
14074509.46000000
5.278438367381
Long
EC
CORP
US
N
1
N
N
N
PHILIP MORRIS INTERNATIONAL INC
HL3H1H2BGXWVG3BSWR90
PHILIP MORRIS INTERNATIONAL INC COM
718172109
50136.00000000
NS
USD
9070103.76000000
3.401609400240
Long
EC
CORP
US
N
1
N
N
N
BLACKROCK FUNDS III
5493008LW2651I1QB503
BLACKROCK FUNDS III INSTL MMKT
066922519
14058.82700000
NS
USD
14063.04000000
0.005274136914
Long
STIV
RF
US
N
1
N
N
AMERICAN EXPRESS COMPANY
R4PP93JZOLY261QX3811
AMERICAN EXPRESS COMPANY COM
025816109
61141.00000000
NS
USD
20680943.25000000
7.756084475603
Long
EC
CORP
US
N
1
N
N
N
PFIZER INC
765LHXWGK1KXCLTFYQ30
PFIZER INC COM
717081103
76397.00000000
NS
USD
1839639.76000000
0.689929913290
Long
EC
CORP
US
N
1
N
N
N
MICROSOFT CORP
INR2EJN1ERAN0W5ZP974
MICROSOFT CORP COM
594918104
157368.00000000
NS
USD
58701411.36000000
22.01510346223
Long
EC
CORP
US
N
1
N
N
N
ORGANON & COMPANY
549300AMCKY57OK2CO56
ORGANON & COMPANY COMMON STOCK
68622V106
6811.00000000
NS
USD
92220.94000000
0.034586111107
Long
EC
CORP
US
N
1
N
N
N
SLB LTD
213800ZUA17OK3QLGM62
SLB LTD COM STK
806857108
70328.00000000
NS
USD
3269548.72000000
1.226196298827
Long
EC
CORP
CW
N
1
N
N
N
ASTRAZENECA PLC
PY6ZZQWO2IZFZC3IOL08
ASTRAZENECA PLC ORD USD0.25
000000000
64000.00000000
NS
USD
12135680.00000000
4.551308811743
Long
EC
CORP
GB
N
1
N
N
N
BLACKROCK LIQUIDITY FUNDS
5493007YVNX55LTRQ706
BLACKROCK LIQUIDITY FUNDS T FUND INSTL SHS
09248U718
680741.87000000
NS
USD
680741.87000000
0.255302255123
Long
STIV
RF
US
N
1
N
N
N
BP PLC
213800LH1BZH3DI6G760
BP PLC SPONSORED ADR
055622104
31546.00000000
NS
USD
1165624.70000000
0.437150449607
Long
EC
CORP
GB
N
1
N
N
N
ALTRIA GROUP INC
XSGZFLO9YTNO9VCQV219
ALTRIA GROUP INC COM
02209S103
77000.00000000
NS
USD
5540150.00000000
2.077752010054
Long
EC
CORP
US
N
1
N
N
N
ALCON AG
549300LDT5AP8S0NBM78
ALCON AG CHF0.04
000000000
13736.00000000
NS
USD
921685.60000000
0.345664667570
Long
EC
CORP
CH
N
1
N
N
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
06BTX5UWZD0GQ5N5Y745
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP COM
929740108
380.00000000
NS
USD
102448.00000000
0.038421619978
Long
EC
CORP
US
N
1
N
N
N
NOVARTIS AG
5493007HIVTX6SY6XD66
NOVARTIS AG SPONSORED ADR
66987V109
68681.00000000
NS
USD
10763686.32000000
4.036762702630
Long
EC
CORP
CH
N
1
N
N
N
2026-08-25
BlackRock Funds
Chuck Pulsfort
Chuck Pulsfort
Assistant Treasurer