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Institutional Investment Manager
BlackRock Fund Advisors
BlackRock Fund Advisors (CIK: 0001006249) incorporated in Delaware, located at 400 Howard Street, San Francisco, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Portfolio Summary: 3,767 holdings with a total value of $404,623,550,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 UNITED TECHNOLOGIES CORP 9,405,137 1,081,591,000 0.27%
52 UNITED PARCEL SERVICE INC 9,396,205 1,044,576,000 0.26%
53 US BANCORP DEL 22,743,750 1,022,332,000 0.25%
54 MASTERCARD INCORPORATED 11,862,337 1,022,059,000 0.25%
55 HONEYWELL INTL INC 10,099,162 1,009,108,000 0.25%
56 NEXTERA ENERGY INC 9,367,401 995,661,000 0.25%
57 BOEING CO 7,650,039 994,352,000 0.25%
58 KINDER MORGAN INC DEL 22,958,455 971,372,000 0.24%
59 AMERICAN EXPRESS CO 10,245,975 953,286,000 0.24%
60 Medtronic Inc 13,098,215 945,691,000 0.23%
61 DOMINION ENERGY INC 12,254,066 942,338,000 0.23%
62 DUKE ENERGY CORP NEW 11,234,809 938,556,000 0.23%
63 GOLDMAN SACHS GROUP INC 4,790,266 928,497,000 0.23%
64 ABBOTT LABS 19,921,202 896,853,000 0.22%
65 Hewlett Packard Co 22,302,405 894,996,000 0.22%
66 KIMBERLY CLARK CORP 7,527,397 869,715,000 0.21%
67 OCCIDENTAL PETE CORP DEL 10,731,915 865,100,000 0.21%
68 AMERICAN INTL GROUP INC 15,246,264 853,943,000 0.21%
69 LOWES COS INC 11,695,480 804,649,000 0.20%
70 EBAY INC 14,281,084 801,454,000 0.20%
71 REGENERON PHARMACEUTICALS 1,945,617 798,189,000 0.20%
72 DU PONT E I DE NEMOURS & CO 10,719,767 792,620,000 0.20%
73 PUBLIC STORAGE 4,257,877 787,069,000 0.19%
74 ALLERGAN PLC 3,049,438 784,956,000 0.19%
75 TIME WARNER INC 9,167,878 783,120,000 0.19%
76 Welltower Inc. 10,316,568 780,655,000 0.19%
77 NIKE INC 8,043,615 773,394,000 0.19%
78 GENERAL DYNAMICS CORP 5,604,847 771,339,000 0.19%
79 FEDEX CORP 4,434,674 770,125,000 0.19%
80 EXPRESS SCRIPTS HLDG CO 9,063,418 767,400,000 0.19%
81 TWENTY FIRST CENTY FOX INC 19,974,788 767,132,000 0.19%
82 AMERICAN TOWER CORP NEW 7,690,753 760,231,000 0.19%
83 Allergan plc 3,544,625 753,552,000 0.19%
84 SOUTHERN CO 15,235,043 748,193,000 0.18%
85 TEXAS INSTRS INC 13,931,512 744,848,000 0.18%
86 E M C CORP MASS COM 24,881,960 739,989,000 0.18%
87 SEMPRA ENERGY 6,626,223 737,896,000 0.18%
88 EQUITY RESIDENTIAL 10,134,710 728,078,000 0.18%
89 COLGATE PALMOLIVE CO 10,406,148 720,001,000 0.18%
90 WALGREENS BOOTS ALLIANCE INC 9,388,053 715,370,000 0.18%
91 STARBUCKS CORP 8,509,981 698,244,000 0.17%
92 MONSANTO CO NEW 5,803,489 693,343,000 0.17%
93 AVALONBAY COMM 4,235,019 691,960,000 0.17%
94 MORGAN STANLEY 17,816,786 691,291,000 0.17%
95 VERTEX PHARMACEUTICALS INC 5,789,239 687,762,000 0.17%
96 ACCENTURE PLC IRELAND 7,504,785 670,252,000 0.17%
97 COSTCO WHSL CORP NEW 4,687,914 664,512,000 0.16%
98 ALEXION PHARMACEUTIC 3,584,238 663,192,000 0.16%
99 EOG RES INC 7,185,898 661,606,000 0.16%
100 AMERICAN ELEC PWR INC 10,878,449 660,539,000 0.16%
Page 2 of 76

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001086364-15-002003, filed 2015.02.09).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.