iShares Large Cap Core Active ETF (BLCR) is an actively managed exchange-traded fund that seeks to maximize total return by investing primarily in large capitalization U.S. equities identified through a combination of fundamental research and quantitative insights. The fund offers exposure to a diversified portfolio of approximately 34 equity holdings, with top positions including Microsoft Corp. (8.16%), NVIDIA Corp. (7.05%), Amazon.com Inc. (6.95%), Meta Platforms Inc. (6.50%), and Visa Inc. (4.21%); it primarily targets U.S. companies but may allocate up to 25% to foreign securities. BLCR features a net expense ratio of 0.36%, quarterly distributions, and benchmarks performance against the Russell 1000 Index.
Operated within the large blend equity category, BLCR serves institutional and retail investors seeking active U.S. large-cap core strategies with potential for outperformance relative to passive benchmarks. The fund trades on the NASDAQ exchange under the ticker BLCR, with assets under management of approximately $10.6 million as of late 2025.
Launched on October 24, 2023, by BlackRock under its iShares brand, BLCR is headquartered in New York alongside its issuer, BlackRock, Inc., and managed by portfolio managers Todd Burnside and Joseph Wolfe. In a significant strategic shift, BlackRock rebranded the fund from BlackRock Large Cap Core ETF to iShares Large Cap Core Active ETF, aligning it with the broader iShares family of over 420 ETFs as part of a larger rebranding of 22 active ETFs effective around October 2024; this move enhances brand consistency and leverages iShares' established market presence.