# EDGAR Filing Document

**Accession Number:** 0001174610
**File Stem:** 0001752724-25-180267
**Filing Date:** 2025-7
**Character Count:** 19803
**Document Hash:** 1eefc2b4ae4ea6d16d32722b3b646509
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180267.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180267

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROSHARES TRUST
- **CENTRAL INDEX KEY:** 0001174610

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21114
- **FILM NUMBER:** 251154114

**BUSINESS ADDRESS:**
- **STREET 1:** 7272 WISCONSIN AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** 240-497-6400

**MAIL ADDRESS:**
- **STREET 1:** 7272 WISCONSIN AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XTRASHARES TRUST
- **DATE OF NAME CHANGE:** 20030409

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PROFUNDS ETF TRUST
- **DATE OF NAME CHANGE:** 20020531

## Series and Classes Contracts Data

### ProShares Ultra Real Estate (Series ID: S000014257)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000038816 | ProShares Ultra Real Estate | URE             |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ProShares Trust

- **b. Investment Company Act file number:** 811-21114

- **c. CIK number of Registrant:** 0001174610

- **d. LEI of Registrant:** 5493005D9DS7C1P5AM59

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 7272 Wisconsin Avenue

  - **City:** Bethesda

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20814

  - **Telephone number:** 240-497-6400

**Item A.2. Information about the Series.**

- **a. Name of Series:** ProShares Ultra Real Estate

- **b. EDGAR series identifier (if any):** S000014257

- **c. LEI of Series:** YRKWC4M5QHXPXFYQ4650

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $63825528.51

**Total Liabilities:** $2158444.20

**Net Assets:** $61667084.31

**Cash Not Reported:** $543372.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038816 | -5.56%               | -3.89%               | 1.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $175034.12               | $-1561906.64                               |
| Month 2  | $-420987.16              | $-417653.29                                |
| Month 3  | $0.00                    | $382376.72                                 |

**Designated Index Information**

- **Index Name:** Dow Jones U.S. Real Estate Index

- **Index Identifier:** DJUSRE

### Schedule of Portfolio Investments

| Name                                    | Title                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBRE Group, Inc.                        | CBRE Group, Inc., Class A               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     12461 | NS      | $1557874.22   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.             | Host Hotels & Resorts, Inc.             | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     29468 | NS      | $456459.32    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group, Inc.                      | CoStar Group, Inc.                      | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     17766 | NS      | $1306866.96   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.              | Essex Property Trust, Inc.              | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      2710 | NS      | $769369.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc. | Mid-America Apartment Communities, Inc. | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      4928 | NS      | $771971.20    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   1849232 | PA      | $1849231.84   | 3.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA Communications Corp.                | SBA Communications Corp., Class A       | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      4533 | NS      | $1051157.37   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |     92462 | PA      | $92461.59     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Realty Trust, Inc.              | Digital Realty Trust, Inc.              | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     13340 | NS      | $2288076.80   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                   | Camden Property Trust                   | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      4497 | NS      | $528352.53    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust         | Federal Realty Investment Trust         | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |      3251 | NS      | $310405.48    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   1294462 | PA      | $1294462.28   | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                | U.S. Treasury Bills                     | CUSIP: 912797PZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   3000000 | PA      | $2987370.00   | 4.84%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Simon Property Group, Inc.              | Simon Property Group, Inc.              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     12929 | NS      | $2108332.03   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Total Return Swap                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     49400 | NC      | $-92378.46    | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| UDR, Inc.                               | UDR, Inc.                               | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     12692 | NS      | $525829.56    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                        | Weyerhaeuser Co.                        | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     30588 | NS      | $792535.08    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                   | Regency Centers Corp.                   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      6881 | NS      | $496464.15    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                            | Ventas, Inc.                            | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     18428 | NS      | $1184551.84   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Total Return Swap                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     53784 | NC      | $-360269.59   | -0.58%            |  |  |  | No            |                  2 | On Loan: No      |
| Kimco Realty Corp.                      | Kimco Realty Corp.                      | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     28645 | NS      | $608992.70    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    554770 | PA      | $554769.55    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Total Return Swap                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     47261 | NC      | $-708680.79   | -1.15%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Total Return Swap                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    115446 | NC      | $-725324.72   | -1.18%            |  |  |  | No            |                  2 | On Loan: No      |
| Realty Income Corp.                     | Realty Income Corp.                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     36896 | NS      | $2089051.52   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes, Inc.                  | Invitation Homes, Inc.                  | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24017 | NS      | $809372.90    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   1109539 | PA      | $1109539.10   | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    924616 | PA      | $924615.92    | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.   | Alexandria Real Estate Equities, Inc.   | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      6495 | NS      | $455884.05    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Total Return Swap                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     14001 | NC      | $343168.98    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                | U.S. Treasury Bills                     | CUSIP: 912797PS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2700000 | PA      | $2695229.99   | 4.37%             | 2025-06-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Crown Castle, Inc.                      | Crown Castle, Inc.                      | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     18321 | NS      | $1838512.35   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                         | Welltower, Inc.                         | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     25683 | NS      | $3962373.24   | 6.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.             | AvalonBay Communities, Inc.             | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      5989 | NS      | $1238345.53   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                   | VICI Properties, Inc., Class A          | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     44440 | NS      | $1409192.40   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                | U.S. Treasury Bills                     | CUSIP: 912797NW3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   3600000 | PA      | $3589863.01   | 5.82%             | 2025-06-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Storage                          | Public Storage                          | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      6644 | NS      | $2049076.04   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                          | Prologis, Inc.                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     39072 | NS      | $4243219.20   | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                               | BXP, Inc.                               | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |      6134 | NS      | $413002.22    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                      | Equity Residential                      | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     14406 | NS      | $1010436.84   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties, Inc.             | Healthpeak Properties, Inc.             | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |     29491 | NS      | $513438.31    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                    | American Tower Corp.                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     19699 | NS      | $4228390.35   | 6.86%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Total Return Swap                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    100289 | NC      | $-193607.54   | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    647231 | PA      | $647231.14    | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain, Inc.                     | Iron Mountain, Inc.                     | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     12383 | NS      | $1222325.93   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.               | Extra Space Storage, Inc.               | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8937 | NS      | $1350827.55   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   1916358 | PA      | $1916358.12   | 3.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinix, Inc.                           | Equinix, Inc.                           | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      4103 | NS      | $3646828.46   | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** ProShares Trust

**Signature:** Maria Clem Sell

**Name of Signer:** Maria Clem Sell

**Title:** Treasurer