Investment objective & strategy
As of Dec. 5, 2025 · prospectusObjective. Seeks long-term growth of capital.
Strategy. Under normal circumstances, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in common stocks of the 1,000 largest publicly traded U.S. companies, as compared to the capitalization range of the Russell 1000 Index. The Portfolio is actively managed by BlackRock Investment Management, LLC (BlackRock) under a sub-advisory agreement with the Adviser. BlackRock began managing the Portfolio in February 2019. BlackRock seeks to pursue the Portfolios investment objective by investing in large cap securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to identify aspects of mispricing across stocks that the Portfolio can seek to capture by over- and under-weighting particular … Under normal circumstances, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in common stocks of the 1,000 largest publicly traded U.S. companies, as compared to the capitalization range of the Russell 1000 Index. The Portfolio is actively managed by BlackRock Investment Management, LLC (BlackRock) under a sub-advisory agreement with the Adviser. BlackRock began managing the Portfolio in February 2019. BlackRock seeks to pursue the Portfolios investment objective by investing in large cap securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to identify aspects of mispricing across stocks that the Portfolio can seek to capture by over- and under-weighting particular equities while seeking to control incremental risk. BlackRock then constructs and rebalances the Portfolio by integrating its investment insights with the model-based optimization process. BlackRock has no stated minimum holding period for investments and may buy or sell securities whenever it sees an appropriate opportunity. The portfolio managers consider a variety of factors in determining whether to sell a security, including changes in market conditions, changes in prospects for the security, alternative investment possibilities and other factors they believe to be relevant.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $25.70M | 8.42% |
| APPLE INC | — | $23.06M | 7.56% |
| MICROSOFT CORP | — | $16.91M | 5.54% |
| AMAZON.COM INC | — | $13.30M | 4.36% |
| ALPHABET INC CL A | — | $9.83M | 3.22% |
| BROADCOM INC | — | $8.19M | 2.69% |
| ALPHABET INC CL C | — | $7.54M | 2.47% |
| META PLATFORMS INC CL A | — | $7.22M | 2.37% |
| TESLA INC | — | $5.21M | 1.71% |
| JPMORGAN CHASE and CO | — | $4.52M | 1.48% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| BlackRock Advantage Large Cap Core Portfolio | 82% | 0.49% |
| BlackRock Advantage Large Cap Core V.I. Fund | 82% | 0.66% |
| Global Atlantic BlackRock Disciplined Core Portfolio | 81% | 0.51% |
Advisers
| Firm | Role |
|---|---|
| BlackRock Investment Management, LLC | Sub-adviser |
| CONSTELLATION INVESTMENTS INC | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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