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        <name>Citibank, National Association</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CAREMAX INC</name>
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        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="WAR">
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            <putOrCall>Call</putOrCall>
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              <otherRefInst>
                <issuerName>CareMax Inc</issuerName>
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      <invstOrSec>
        <name>STRYKER CORP</name>
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          <isin value="US8636671013"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IsoPlexis Corp</name>
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          <isin value="US4650051067"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Exact Sciences Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Swift Health Systems Inc., SERIES D</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Neurogene, Inc. Series B</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>EDWARDS LIFESCIENCES CORP</name>
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          <isin value="US28176E1082"/>
          <ticker value="EW"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Roche Holding AG</name>
        <lei>549300U41AUUVOAAOB37</lei>
        <title>Roche Holding AG</title>
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          <isin value="CH0012032048"/>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Henry Schein Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>AMGEN INC</name>
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        <title>AMGEN INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CENTENE CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AbbVie Inc</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>TELEFLEX INC</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Nautilus Biotechnology Inc</name>
        <lei>N/A</lei>
        <title>Nautilus Biotechnology Inc</title>
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        <name>NUVATION BIO INC</name>
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        <name>Daiichi Sankyo Co Ltd</name>
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        <name>CAREMAX CORP</name>
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        <name>GILEAD SCIENCES INC</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILEAD SCIENCES INC</title>
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          <ticker value="GILD"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Hansoh Pharmaceutical Group Co</name>
        <lei>254900Q6MR00EBXTPF42</lei>
        <title>Hansoh Pharmaceutical Group Co Ltd</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BLACKROCK LIQUIDITY FUNDS T-FUND PORTFOLIO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bausch + Lomb Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CREDIT SUISSE SECURITIES (USA) LLC</name>
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      <invstOrSec>
        <name>Novocure Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PMV Pharmaceuticals Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cooper Cos Inc/The</name>
        <lei>QJKMVPIGLH7530PCUE20</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INCYTE CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Insitro, Series C</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <cusip>000000000</cusip>
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        <name>NEVRO CORP</name>
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        <name>Ionis Pharmaceuticals Inc</name>
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        <name>Insulet Corp</name>
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        <name>Alkermes PLC</name>
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        <name>BRISTOL-MYERS SQUIBB CO</name>
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        <name>RESMED INC</name>
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        <name>Point Biopharma Global Inc</name>
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        <name>Genmab A/S</name>
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        <name>Moderna Inc</name>
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        <title>Moderna Inc</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>


      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-07-22</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Funds</ncom:nameOfApplicant>
      <ncom:signature>Ann Frechette</ncom:signature>
      <ncom:signerName>Ann Frechette</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
