BlackRock Technology Opportunities Fund
BlackRock Funds · 4 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
BlackRock Technology Opportunities Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
The investment objective of BlackRock Technology Opportunities Fund (the Fund), a series of BlackRock Funds SM (the Trust), is to provide long-term capital appreciation.
The fund invests at least 80% of assets in equity securities of U.S. and non-U.S. technology companies across all market capitalizations, selected by BlackRock for rapid and sustainable growth potential from technology development and use. The fund may also use derivatives, including options and futures, as substitutes for direct positions or to reduce currency risk, and may invest in Rule 144A private placements and IPOs. Because the fund's selection of which companies qualify as technology companies is discretionary, its composition and returns depend on BlackRock's determinations.
| Share class | Gross | Net |
|---|---|---|
| BGSIX | 0.93% | 0.92% |
| BSTSX | 1.21% | 1.17% |
| BGSAX | 1.19% | 1.17% |
| BGSCX | 1.92% | 1.92% |
| C000037630 | 1.53% | 1.42% |
| C000216612 | 0.84% | 0.84% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 52.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 100.48% |
| Cash & short-term | 0.86% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 58.1% |
| International | 27.4% |
| Communication Services | 4.5% |
| Other | 3.9% |
| 4 smaller | 6.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +56.09% | +143.51% | +71.90% | 30.18% | -14.75% | |
| +55.70% | +141.77% | +69.80% | 30.18% | -14.78% | |
| +55.64% | +141.76% | +69.81% | 30.16% | -14.77% | |
| +54.54% | +136.33% | +63.56% | 30.17% | -14.87% | |
| +55.28% | +139.95% | +67.73% | 30.16% | -14.81% | |
| +56.25% | +144.19% | +72.57% | 30.19% | -14.73% |
These classes hold the same portfolio, so the 9.01pp spread over 5 years is the cost difference between them — roughly 1.80pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPNVDA | 9.78% | $211.14 | $843.39M | 4.0M |
| AVGO | BROADCOM INCAVGO | 7.46% | $446.77 | $643.41M | 1.4M |
| — | SK HYNIX INC | 7.37% | $1,557.01 | $635.45M | 408.1K |
| AAPL | APPLE INCAAPL | 5.40% | $312.06 | $465.78M | 1.5M |
| — | SAMSUNG ELECTRONICS CO LTD | 5.26% | $209.79 | $453.98M | 2.2M |
| AMD | ADVANCED MICRO DEVICES INCAMD | 4.53% | $516.10 | $390.69M | 757.0K |
| TSM | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTDTSM | 4.40% | $418.45 | $379.68M | 907.3K |
| LRCX | LAM RESEARCH CORPLRCX | 4.39% | $318.18 | $378.31M | 1.2M |
| MSFT | MICROSOFT CORPMSFT | 4.11% | $450.24 | $354.15M | 786.6K |
| GOOGL | ALPHABET INCGOOGL | 3.96% | $380.34 | $341.68M | 898.4K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-29 — not a live quote, and not what the fund paid.
Top 10 positions are 56.65% of net assets, top 25 81.81%, across 62 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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