# EDGAR Filing Document

**Accession Number:** 0001174610
**File Stem:** 0001752724-25-180256
**Filing Date:** 2025-7
**Character Count:** 13965
**Document Hash:** 0a5ec13bdeb5c908b0a8fae1ca8f8746
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180256.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180256

**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:** 251154105

**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 UltraPro Short QQQ (Series ID: S000024909)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000074099 | ProShares UltraPro Short QQQ | SQQQ            |

## 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 UltraPro Short QQQ

- **b. EDGAR series identifier (if any):** S000024909

- **c. LEI of Series:** KC8ZSAS0N653Z8PPTO65

**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:** $4939673444.15

**Total Liabilities:** $1893937116.70

**Net Assets:** $3045736327.45

**Cash Not Reported:** $330742.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000074099 | 23.89%               | -19.23%              | -23.55%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1959.42                 | $-851387.25                                |
| Month 2  | $-780.01                 | $-8242.33                                  |
| Month 3  | $-233.33                 | $583159.70                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   8231526 | PA      | $8231525.60    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -35003 | NC      | $41340747.09   | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  23518645 | PA      | $23518644.55   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -30875 | NC      | $-475692919.78 | -15.62%           |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   1175932 | PA      | $1175932.23    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797QA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 295000000 | PA      | $293514798.90  | 9.64%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  16463051 | PA      | $16463051.19   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797PZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 175000000 | PA      | $174263250.00  | 5.72%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797PL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 465000000 | PA      | $464945464.80  | 15.27%            | 2025-06-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797LW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 350000000 | PA      | $348440946.00  | 11.44%            | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -37764 | NC      | $-49904013.05  | -1.64%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -43338 | NC      | $-480148314.74 | -15.76%           |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |   7055593 | PA      | $7055593.37    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -37492 | NC      | $-161152839.37 | -5.29%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -46444 | NC      | $-232129628.10 | -7.62%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -55890 | NC      | $-172451858.08 | -5.66%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797LN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 325000000 | PA      | $324616711.25  | 10.66%            | 2025-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  14111187 | PA      | $14111186.73   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  11759322 | PA      | $11759322.28   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797PS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 100000000 | PA      | $99823333.00   | 3.28%             | 2025-06-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -41721 | NC      | $-55107126.38  | -1.81%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                      | NASDAQ 100 E-Mini Index | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -655 | NC      | $-10711228.64  | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797NP8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 545000000 | PA      | $544807162.65  | 17.89%            | 2025-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797PT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 600000000 | PA      | $598449000.00  | 19.65%            | 2025-06-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -54603 | NC      | $-41584164.85  | -1.37%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797NW3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 335000000 | PA      | $334056696.95  | 10.97%            | 2025-06-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797NV5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 450000000 | PA      | $449048250.00  | 14.74%            | 2025-06-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797PU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 200000000 | PA      | $199320514.00  | 6.54%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                      | Total Return Swap       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -29588 | NC      | $-222195410.29 | -7.30%            |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement     | Repurchase Agreement    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |  24372361 | PA      | $24372360.75   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797PR2<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 150000000 | PA      | $149859000.00  | 4.92%             | 2025-06-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America | U.S. Treasury Bills     | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 780000000 | PA      | $777170604.60  | 25.52%            | 2025-07-03      | None          | 0.00%                 | No            |                  2 | 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