MASTER INVESTMENT PORTFOLIO
NSAR-A, 1996-10-29
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<PAGE>      PAGE  1
000 A000000 08/31/96
000 C000000 915092
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 MASTER INVESTMENT PORTFOLIO
001 B000000 811-8162
001 C000000 5013772521
002 A000000 111 CENTER STREET
002 B000000 LITTLE ROCK
002 C000000 AR
002 D010000 72201
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 14
007 C010100  1
007 C020100 LIFEPATH 2000 MASTER PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 LIFEPATH 2010 MASTER PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 LIFEPATH 2020 MASTER PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 LIFEPATH 2030 MASTER PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 LIFEPATH 2040 MASTER PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 SMALL/MEDIUM STOCK INDEX MASTER PORTFOLIO
007 C030600 N
007 C010700  7
007 C020700 INTERNATIONAL STOCK INDEX MASTER PORTFOLIO
007 C030700 N
007 C010800  8
007 C020800 MONEY MARKET MASTER PORTFOLIO
007 C030800 N
007 C010900  9
007 C020900 SHORT-TERM ALLOCATION MASTER PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 GROWTH AND VALUE MASTER PORTFOLIO
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 U.S.TREASURY ALLOCATION MASTER PORTFOLIO
007 C031100 N
007 C011200 12
007 C021200 BOND INDEX MASTER PORTFOLIO
007 C031200 N
007 C011300 13
007 C021300 S&P 500 STOCK INDEX MASTER PORTFOLIO
007 C031300 N
007 C011400 14
007 C021400 ASSET ALLOCATION MASTER PORTFOLIO
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 BZW BARCLAY'S GLOBAL FUND ADVISORS
008 B00AA01 A
008 C00AA01 801-00000
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94105
010 A00AA01 STEPHENS INC
010 B00AA01 8-1927
010 C01AA01 LITTLE ROCK
010 C02AA01 AR
010 C03AA01 72201
011 A00AA01 STEPHENS INC
011 B00AA01 8-1927
011 C01AA01 LITTLE ROCK
011 C02AA01 AR
011 C03AA01 72201
012 A00AA01 WELLS FARGO BANK, N.A.
012 B00AA01 84-00000
012 C01AA01 SAN FRANCISCO
012 C02AA01 CA
012 C03AA01 94105
013 A00AA01 KPMG
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94111
014 A00AA01 BZW BARCLAY'S GLOBAL INVESTOR SERVICES
014 B00AA01 8-00000
015 A00AA01 BZW BARCLAY'S GLOBAL FUND ADVISORS
015 B00AA01 C
015 C01AA01 SAN FRANCISCO
015 C02AA01 CA
015 C03AA01 94105
<PAGE>      PAGE  3
015 E01AA01 X
018  00AA00 Y
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020 A000001 NOMURA SECURITIES INTL
020 B000001 13-2642206
020 C000001     23
020 A000002 SPEAR LEEDS & KELLOGG
020 B000002 13-5515160
020 C000002     21
020 A000003 DONALDSON, LUFKIN & JENRETTE
020 B000003 13-2741729
020 C000003     14
020 A000004 MERRILL LYNCH PF&S
020 B000004 13-2761776
020 C000004      7
020 A000005 WELLS FARGO INST TRUST
020 B000005 94-1347393
020 C000005      3
020 A000006 BHF SECURITIES
020 B000006 UNKNOWN
020 C000006      3
020 A000007 SLOATE, WEISMAN, MURRAY
020 B000007 13-2769843
020 C000007      2
020 A000008 CARROLL MCENTEE MCGINLEY
020 B000008 UNKNOWN
020 C000008      2
020 A000009 NEUBERGER & BERMAN
020 B000009 13-5521910
020 C000009      2
020 A000010 INSTINET CORP
020 B000010 13-3443395
020 C000010      1
021  000000       83
022 A000001 SALOMON BROTHERS INC
022 B000001 13-3082694
022 C000001    332137
022 D000001    256355
022 A000002 JP MORGAN SECURITIES
022 B000002 13-3224016
022 C000002    279359
022 D000002    130724
022 A000003 WELLS FARGO INST TRUST
022 B000003 94-1347393
022 C000003    172513
022 D000003    151274
022 A000004 MERRILL LYNCH PF&S
022 B000004 13-2761776
022 C000004    139386
022 D000004    146093
<PAGE>      PAGE  4
022 A000005 MORGAN STANLEY
022 B000005 13-2655998
022 C000005    148218
022 D000005     75965
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006    125594
022 D000006     83194
022 A000007 LEHMAN BROTHERS INC
022 B000007 13-2518466
022 C000007     91055
022 D000007     31741
022 A000008 BERNARD L. MADOFF
022 B000008 13-1997126
022 C000008     33540
022 D000008     30343
022 A000009 FIRST BOSTON
022 B000009 13-5659485
022 C000009     16540
022 D000009     35676
022 A000010 CHASE SECURITIES
022 B000010 13-3112953
022 C000010     22171
022 D000010     10898
023 C000000    1395862
023 D000000     989802
026 A000000 N
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026 F000000 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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069  000100 N
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<PAGE>      PAGE  7
070 M020100 N
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<PAGE>      PAGE  8
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076  000100     0.00
024  000200 N
025 A000201 DELETE
025 D000201       0
025 A000202 DELETE
025 D000202       0
025 A000203 DELETE
025 D000203       0
025 A000204 DELETE
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<PAGE>      PAGE  9
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055 A000200 N
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070 A010200 Y
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070 B020200 N
<PAGE>      PAGE  10
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 Y
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 Y
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
074 Y000200        0
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024  000300 N
025 A000301 DELETE
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025 A000302 DELETE
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025 A000303 DELETE
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045  000300 Y
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<PAGE>      PAGE  13
048 A020300 0.000
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054 A000300 Y
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054 F000300 Y
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054 H000300 Y
054 I000300 Y
054 J000300 Y
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
073 A020400   0.0000
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074 L000400      629
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074 O000400        0
074 P000400      170
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074 W000400   0.0000
074 X000400        2
074 Y000400        0
075 A000400        0
075 B000400   118729
076  000400     0.00
024  000500 N
025 A000501 DELETE
025 D000501       0
025 A000502 DELETE
025 D000502       0
025 A000503 DELETE
025 D000503       0
025 A000504 DELETE
025 D000504       0
025 D000505       0
025 D000506       0
025 D000507       0
025 D000508       0
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028 A020500       570
<PAGE>      PAGE  20
028 A030500         0
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028 B030500         0
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055 A000500 Y
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063 A000500   0
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066 A000500 Y
066 B000500 N
<PAGE>      PAGE  21
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 Y
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 Y
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500     89102
071 B000500     62173
071 C000500    190755
071 D000500   33
072 A000500  6
072 B000500      438
<PAGE>      PAGE  22
072 C000500     2059
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072 J000500        0
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072 L000500        0
072 M000500        0
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072 Q000500        0
072 R000500        0
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072 U000500        0
072 V000500        0
072 W000500        0
072 X000500      536
072 Y000500        0
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072AA000500     6947
072BB000500       36
072CC010500        0
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072DD010500     1961
072DD020500        0
072EE000500        0
073 A010500   0.1344
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500       20
074 B000500        0
074 C000500     1875
074 D000500    18884
074 E000500        0
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074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500      965
074 M000500        0
074 N000500   200814
074 O000500        0
074 P000500      276
<PAGE>      PAGE  23
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      700
074 S000500        0
074 T000500   199838
074 U010500    15051
074 U020500        0
074 V010500    13.28
074 V020500     0.00
074 W000500   0.0000
074 X000500        2
074 Y000500       60
075 A000500        0
075 B000500   192921
076  000500     0.00
062 A000600 N
062 B000600   0.0
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062 F000600   0.0
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062 L000600   0.0
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070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 N
070 H020600 N
<PAGE>      PAGE  24
070 I010600 Y
070 I020600 N
070 J010600 N
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600         0
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062 A000700 N
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<PAGE>      PAGE  25
062 P000700   0.0
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070 A010700 Y
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070 B010700 N
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070 C010700 N
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070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
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070 G010700 Y
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070 H010700 N
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070 J010700 N
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070 K010700 Y
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070 L010700 Y
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070 M010700 Y
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070 O010700 Y
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070 P010700 N
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<PAGE>      PAGE  26
074 N000700        0
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075 A000700        0
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062 A000800 N
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070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
<PAGE>      PAGE  27
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800         0
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055 A000900 N
055 B000900 N
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062 D000900   0.0
062 E000900   0.0
062 F000900   0.0
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062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 N
070 B010900 N
<PAGE>      PAGE  28
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 N
070 J020900 N
070 K010900 N
070 K020900 N
070 L010900 Y
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
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<PAGE>      PAGE  29
074 G000900        0
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045  001000 Y
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<PAGE>      PAGE  30
062 G001000   0.0
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070 A011000 Y
070 A021000 N
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070 B021000 N
070 C011000 N
070 C021000 N
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070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 Y
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 N
070 K021000 N
070 L011000 Y
070 L021000 N
070 M011000 N
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070 N011000 Y
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070 R021000 N
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<PAGE>      PAGE  31
071 D001000    0
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028 F041100       547
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<PAGE>      PAGE  32
054 A001100 Y
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054 C001100 Y
054 D001100 N
054 E001100 N
054 F001100 N
054 G001100 N
054 H001100 N
054 I001100 N
054 J001100 Y
054 K001100 N
054 L001100 N
054 M001100 N
054 N001100 N
054 O001100 N
055 A001100 N
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063 A001100   0
063 B001100  5.5
064 A001100 N
064 B001100 N
070 A011100 Y
070 A021100 N
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070 C021100 N
070 D011100 N
070 D021100 N
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070 E021100 N
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070 F021100 N
<PAGE>      PAGE  33
070 G011100 Y
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070 H011100 N
070 H021100 N
070 I011100 N
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070 J021100 N
070 K011100 Y
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070 L011100 N
070 L021100 N
070 M011100 N
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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070 A011200 Y
<PAGE>      PAGE  36
070 A021200 N
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<PAGE>      PAGE  37
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SIGNATURE   ANN BONSTEEL                                 
TITLE       ASST.SECRETARY      
 


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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 11
   <NAME> U.S. TREASURY ALLOCATION MASTER PORTFOLIO
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 12
   <NAME> BOND INDEX MASTER PORTFOLIO
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 13
   <NAME> S&P 500 STOCK INDEX MASTER PORTFOLIO
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000915092
<NAME> MASTER INVESTMENT PORTFOLIO
<SERIES>
   <NUMBER> 14
   <NAME> ASSET ALLOCATION MASTER PORTFOLIO
       
<S>                             <C>
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</TABLE>


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