# EDGAR Filing Document

**Accession Number:** 0000702435
**File Stem:** 0000702435-25-000057
**Filing Date:** 2025-10
**Character Count:** 64118
**Document Hash:** 91dcb7da673d1a84a92d9d062b156c16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000702435-25-000057.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0000702435-25-000057

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251023

**DATE AS OF CHANGE**: 20251023

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Meeder Funds
- **CENTRAL INDEX KEY:** 0000702435

**ORGANIZATION NAME:**
- **EIN:** 521253995
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03462
- **FILM NUMBER:** 251412244

**BUSINESS ADDRESS:**
- **STREET 1:** 6125 MEMORIAL DR
- **STREET 2:** P O BOX 7177
- **CITY:** DUBLIN
- **STATE:** OH
- **ZIP:** 43017
- **BUSINESS PHONE:** 6147667000

**MAIL ADDRESS:**
- **STREET 1:** 6125 MEMORIAL DRIVE
- **CITY:** DUBLIN
- **STATE:** OH
- **ZIP:** 43017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FLEX FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MODERATE ALLOCATION FUND (Series ID: S000049936)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000157689 | Retail Class        | FLDOX           |
| C000174353 | Adviser Class       | DVOAX           |
| C000174354 | Institutional Class | DVOIX           |

## Nport-Ex

2025

Quarterly

Report

\|

September

30,

2025

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Schedules

of

Investments

September

30,

2025

(unaudited)

Moderate

Allocation

Fund

Security

Description

Shares,

Contracts

or

Principal

Amount

($)

Fair

Value

($)

Common

Stocks

(United

States)

—

.8

%

Communication

Services

—

4.2%

Alphabet

Inc

.......................

16,031

3,904,350

Comcast

Corp

......................

2,707

85,054

Electronic

Arts

Inc

...................

1,270

256,159

Meta

Platforms

Inc

...................

4,139

3,039,599

Verizon

Communications

Inc

............

4,218

185,381

Walt

Disney

Co/The

..................

5,190

594,255

8,064,798

Consumer

Discretionary

—

2.4%

Amazon.com

Inc

(1) ...................

5,594

1,228,275

Best

Buy

Co

Inc

.....................

1,873

141,636

BorgWarner

Inc

.....................

983

43,213

Bright

Horizons

Family

Solutions

Inc

(1) ......

1,011

109,764

Brinker

International

Inc

(1) ..............

1,144

144,922

Grand

Canyon

Education

Inc

(1) ...........

27,221

J

Jill

Inc

..........................

643

11,028

Lear

Corp

.........................

881

88,637

Lowe's

Cos

Inc

.....................

919

230,954

O'Reilly

Automotive

Inc

(1) ...............

4,803

517,811

Ralph

Lauren

Corp

...................

55,814

Tapestry

Inc

.......................

2,142

242,517

Tesla

Inc

(1) .........................

742

329,982

Texas

Roadhouse

Inc

.................

2,576

428,002

TJX

Cos

Inc/The

.....................

2,064

298,331

Winnebago

Industries

Inc

..............

8,293

Yum!

Brands

Inc

.....................

4,126

627,152

4,533,552

Consumer

Staples

—

1.2%

Cal-Maine

Foods

Inc

..................

618

58,154

Coca-Cola

Consolidated

Inc

.............

1,331

155,940

Costco

Wholesale

Corp

................

1,875

1,735,556

Kroger

Co/The

......................

2,187

147,426

Sprouts

Farmers

Market

Inc

(1) ............

1,195

130,016

2,227,092

Energy

—

0.5%

Civitas

Resources

Inc

.................

2,489

80,892

Devon

Energy

Corp

...................

6,548

229,573

Exxon

Mobil

Corp

....................

2,287

257,859

Kodiak

Gas

Services

Inc

...............

4,674

172,798

Ovintiv

Inc

.........................

898

36,261

PrimeEnergy

Resources

Corp

(1) ...........

19,543

SM

Energy

Co

......................

1,832

45,745

Teekay

Corp

Ltd

.....................

502

4,106

Weatherford

International

PLC

...........

10,128

Williams

Cos

Inc/The

.................

635

40,227

897,132

Financials

—

7.3%

Ally

Financial

Inc

....................

2,527

99,058

American

International

Group

Inc

.........

3,137

246,380

Bank

of

New

York

Mellon

Corp/The

........

14,217

1,549,084

Berkshire

Hathaway

Inc

(1) ..............

10,706

5,382,335

BOK

Financial

Corp

...................

795

88,595

Capital

One

Financial

Corp

..............

5,750

1,222,335

Customers

Bancorp

Inc

(1) ...............

5,145

336,329

Dave

Inc

(1) .........................

56,416

FirstCash

Holdings

Inc

.................

706

111,845

Mastercard

Inc

.....................

2,767

1,573,897

Morningstar

Inc

.....................

2,724

631,995

Northern

Trust

Corp

..................

2,014

271,084

Popular

Inc

........................

5,018

637,336

PROG

Holdings

Inc

...................

4,854

State

Street

Corp

....................

11,181

1,297,108

Stewart

Information

Services

Corp

........

4,839

Synchrony

Financial

..................

4,620

328,251

Westamerica

BanCorp

.................

5,849

13,847,590

Health

Care

—

2.6%

AbbVie

Inc

........................

2,472

572,367

Amgen

Inc

........................

3,711

1,047,244

Cardinal

Health

Inc

...................

1,586

248,939

Centene

Corp

(1) .....................

3,940

140,579

Elevance

Health

Inc

..................

778

251,388

Eli

Lilly

&

Co

.......................

844

643,972

Encompass

Health

Corp

...............

1,315

167,031

Ensign

Group

Inc/The

.................

1,155

199,549

Gilead

Sciences

Inc

..................

7,968

884,448

Molina

Healthcare

Inc

(1) ................

811

155,193

Regeneron

Pharmaceuticals

Inc

..........

116,952

UnitedHealth

Group

Inc

................

1,414

488,254

Universal

Health

Services

Inc

............

85,660

5,001,576

Industrials

—

6.0%

Alaska

Air

Group

Inc

(1) .................

19,613

Albany

International

Corp

...............

2,240

119,392

Allegion

plc

........................

1,944

344,768

AMETEK

Inc

.......................

6,736

1,266,368

Argan

Inc

.........................

118,822

Atkore

Inc

.........................

571

35,825

Boise

Cascade

Co

...................

3,299

255,079

BWX

Technologies

Inc

.................

3,872

Carpenter

Technology

Corp

.............

84,711

Comfort

Systems

USA

Inc

..............

146,057

Delta

Air

Lines

Inc

...................

4,766

270,470

2025

Quarterly

Report

\|

September

30,

2025

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Schedules

of

Investments

September

30,

2025

(unaudited)

Dycom

Industries

Inc

(1) ................

116,412

Eaton

Corp

PLC

.....................

2,596

971,553

EnerSys

..........................

671

75,796

FedEx

Corp

........................

75,223

Generac

Holdings

Inc

(1) ................

27,956

General

Dynamics

Corp

................

3,920

1,336,720

Hubbell

Inc

........................

1,686

725,503

Huntington

Ingalls

Industries

Inc

..........

31,382

Johnson

Controls

International

plc

.........

1,850

203,408

Lockheed

Martin

Corp

.................

1,504

750,812

NEXTracker

Inc

(1) ....................

520

38,475

Northrop

Grumman

Corp

...............

1,334

812,833

PACCAR

Inc

........................

7,374

Power

Solutions

International

Inc

(1) ........

19,546

Primoris

Services

Corp

................

1,428

196,107

Rockwell

Automation

Inc

...............

161,832

Sensata

Technologies

Holding

PLC

........

1,662

50,774

SkyWest

Inc

(1) ......................

41,355

Southwest

Airlines

Co

.................

753

24,028

Trane

Technologies

PLC

................

1,272

536,733

Union

Pacific

Corp

...................

7,580

1,791,685

United

Airlines

Holdings

Inc

(1) ............

6,464

623,776

Valmont

Industries

Inc

.................

37,998

11,322,258

Information

Technology

—

14.3%

Apple

Inc

.........................

20,575

5,239,012

Applied

Materials

Inc

.................

1,294

264,933

Avnet

Inc

.........................

8,940

Broadcom

Inc

......................

5,049

1,665,716

Cisco

Systems

Inc

...................

5,421

370,905

Consensus

Cloud

Solutions

Inc

(1) ..........

1,761

51,721

Corning

Inc

........................

1,979

162,337

Dolby

Laboratories

Inc

................

1,205

87,206

Dropbox

Inc

(1) ......................

3,490

105,433

Micron

Technology

Inc

................

3,882

649,536

Microsoft

Corp

......................

14,205

7,357,480

Monolithic

Power

Systems

Inc

...........

689

634,321

NetApp

Inc

........................

28,904

NVIDIA

Corp

.......................

31,736

5,921,303

Oracle

Corp

........................

3,739

1,051,556

Photronics

Inc

(1) .....................

15,667

359,558

Pure

Storage

Inc

(1) ...................

615

51,543

QUALCOMM

Inc

.....................

5,600

931,616

Ralliant

Corp

.......................

823

35,990

Roper

Technologies

Inc

................

1,404

700,161

SentinelOne

Inc

(1) ....................

556

9,791

Skyworks

Solutions

Inc

................

2,372

182,596

Texas

Instruments

Inc

.................

5,542

1,018,232

TTM

Technologies

Inc

(1) ................

14,515

Ubiquiti

Inc

........................

119,565

27,022,870

Materials

—

0.9%

Anglogold

Ashanti

Plc

.................

26,725

Crown

Holdings

Inc

..................

2,777

268,231

Freeport-McMoRan

Inc

................

3,028

118,758

Newmont

Corp

.....................

4,432

373,662

Nucor

Corp

........................

1,580

213,979

Packaging

Corp

of

America

.............

826

180,010

Royal

Gold

Inc

......................

1,523

305,483

Steel

Dynamics

Inc

...................

1,115

155,465

United

States

Lime

&

Minerals

Inc

.........

2,368

1,644,681

Real

Estate

—

0.9%

Simon

Property

Group

Inc

..............

6,167

1,157,361

Sun

Communities

Inc

.................

3,746

483,234

1,640,595

Utilities

—

0.5%

Black

Hills

Corp

.....................

3,228

198,812

Consolidated

Edison

Inc

...............

1,542

155,002

National

Fuel

Gas

Co

..................

3,570

329,761

Xcel

Energy

Inc

.....................

3,351

270,258

953,833

Total

Common

Stocks

(United

States)

(Cost

$

58,031,454)

.................

77,155,977

Warrants

(United

States)

—

.0

%

Chaparral

Energy

Inc

B

Warrants

,

Expiration

Date

10/14/2025

(1) (2) .........

Civitas

Resources

Inc

,

Expiration

Date

1/20/2026

(1) (2) ..........

Total

Warrants

(United

States)

(Cost

$

–)

........................

Registered

Investment

Companies

—

.9

%

U.S.

Fixed

Income

—

42.0%

Baird

Core

Plus

Bond

Fund

-

Class

I

.......

1,892,612

19,531,752

Dodge

&

Cox

Income

Fund

-

Class

I

........

650,132

8,334,688

Fidelity

Advisor

Capital

&

Income

Fund

-

Class

Z

799,138

9,389,872

Fidelity

Total

Bond

Fund

-

Class

Z

.........

2,063,915

19,978,702

Frost

Total

Return

Bond

Fund

-

Class

I

......

565,859

5,534,099

iShares

20+

Year

Treasury

Bond

ETF

(3) ......

103,934

9,288,582

iShares

7-10

Year

Treasury

Bond

ETF

(3) .....

77,826

7,507,096

79,564,791

International

Fixed

Income

—

4.9%

iShares

J.P.

Morgan

USD

Emerging

Markets

Bond

ETF

(3) ......................

96,803

9,214,678

9,214,678

Total

Registered

Investment

Companies

(Cost

$

84,780,349)

.................

88,779,469

2025

Quarterly

Report

\|

September

30,

2025

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Schedules

of

Investments

September

30,

2025

(unaudited)

Money

Market

Registered

Investment

Companies

—

.6

%

Meeder

Government

Money

Market

Fund

,

3.99 %

(4) ........................

21,942,262

21,942,262

Total

Money

Market

Registered

Investment

Companies

(Cost

$

21,942,262)

.................

21,942,262

Total

Investments

—

.3

%

(Cost

$

164,754,065)

................

187,877,708

Other

Assets

less

Liabilities

—

.7

%

.......

1,243,839

Total

Net

Assets

—

.0

%

.............

189,121,547

Trustee

Deferred

Compensation

(5) Meeder

Balanced

Fund

-

Retail

Class

.......

894

11,422

Meeder

Conservative

Allocation

Fund

-

Retail

Class

..........................

6,233

Meeder

Dynamic

Allocation

Fund

-

Retail

Class

2,162

30,543

Meeder

Muirfield

Fund

-

Retail

Class

.......

3,134

29,369

Total

Trustee

Deferred

Compensation

(Cost

$

71,188)

....................

77,567

Long

(Short)

Contracts

Expiration

Date

Notional

Value

of

Contracts

($)

Value

and

Unrealized

Appreciation

(Depreciation)

($)

Futures

Contracts

Index

Futures

Mini

MSCI

EAFE

Futures

-

Dec

2025

........

12/19/25

15,319,150

(7,847)

Mini

MSCI

Emg

Mkt

Futures

-

Dec

2025

..

12/19/25

3,875,145

23,835

Russell

2000

Futures

Mini

December

2025

....

12/19/25

2,946,600

36,582

S&P

500

Mini

Futures

December

2025

....

(16) 12/19/25

(5,391,000)

(40,921)

S&P

Mid

Cap

Futures

EMini

December

2025

12/19/25

328,620

(2,094)

Total

Futures

Contracts

.

17,078,515

9,555

(1) Represents

non-income

producing

securities.

(2) Fair

valued

security

deemed

a

Level

security.

Security

is

not

part

of

the

investment

strategy

of

the

Fund.

(3) Exchange-traded

fund.

(4) Investment

in

affiliate.

The

yield

shown

represents

the

7-day

yield

in

effect

at

September

30,

2025. (5) Assets

of

affiliates

to

the

Moderate

Allocation

Fund

held

for

the

benefit

of

the

Fund's

Trustees

in

connection

with

the

Trustee

Deferred

Compensation

Plan.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Meeder Funds

- **b. Investment Company Act file number:** 811-03462

- **c. CIK number of Registrant:** 0000702435

- **d. LEI of Registrant:** 5493002NOKWTS1RIY527

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

  - **Street Address 1:** 6125 Memorial Dr

  - **City:** Dublin

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43017

  - **Telephone number:** 6147667000

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

- **a. Name of Series:** Moderate Allocation Fund

- **b. EDGAR series identifier (if any):** S000049936

- **c. LEI of Series:** 549300MSEE7FZTRQ3M20

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $190302933.66

**Total Liabilities:** $1181386.88

**Net Assets:** $189121546.78

**Cash Not Reported:** $1177811.02

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000157689 | 0.01%                | 0.02%                | 0.02%                |
| Class ID C000174353 | 0.01%                | 0.02%                | 0.02%                |
| Class ID C000174354 | 0.01%                | 0.02%                | 0.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $791886.23               | $358679.28                                 |
| Month 2  | $766683.99               | $2370765.06                                |
| Month 3  | $782411.12               | $2574416.27                                |

**Designated Index Information**

- **Index Name:** Morningstar Moderately Conservative Target Risk Index

- **Index Identifier:** FOUSA08PJX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Apple Inc                      | Apple Inc            | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     20575 | NS      | $5239012.25   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc           | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      2472 | NS      | $572366.88    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                      | Argan Inc            | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       440 | NS      | $118822.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I | American Internation | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |      3137 | NS      | $246379.98    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp      | Albany International | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |      2240 | NS      | $119392.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc           | Alaska Air Group Inc | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |       394 | NS      | $19613.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                   | Allegion plc         | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | US        |      1944 | NS      | $344768.40    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc             | Ally Financial Inc   | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |      2527 | NS      | $99058.40     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials In | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1294 | NS      | $264933.56    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                     | AMETEK, Inc.         | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      6736 | NS      | $1266368.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      3711 | NS      | $1047244.20   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      5594 | NS      | $1228274.58   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                     | Atkore Inc           | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |       571 | NS      | $35824.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc          | AngloGold Ashanti    | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | US        |       380 | NS      | $26725.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5049 | NS      | $1665715.59   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                      | Avnet Inc            | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |       171 | NS      | $8939.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                | Best Buy Co Inc      | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      1873 | NS      | $141636.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co               | Boise Cascade Co     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      3299 | NS      | $255078.68    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Baird Core Plus Bond Fund      | Baird Core Plus Bond | CUSIP: 057071870<br>LEI: 549300S4MBFCLLUH2X28 | Long             | EC               | RF                | US        |   1892612 | NS      | $19531752.28  | 10.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutio | BRIGHT HORIZONS FAM  | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1011 | NS      | $109764.27    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mel | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     14217 | NS      | $1549084.32   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp               | Blackhills Corp      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      3228 | NS      | $198812.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp             | BOK Financial Corp.  | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |       795 | NS      | $88594.80     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                    | Popular Inc          | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | US        |      5018 | NS      | $637336.18    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway I | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     10706 | NS      | $5382334.44   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                 | BorgWarner Inc       | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |       983 | NS      | $43212.68     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies,    | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |        21 | NS      | $3871.77      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc  | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      1586 | NS      | $248938.56    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc            | Cal-Maine Foods Inc  | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |       618 | NS      | $58153.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc             | Crown Holdings, Inc. | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      2777 | NS      | $268230.43    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions Inc  | Consensus Cloud Solu | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1761 | NS      | $51720.57     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chaparral Energy Inc           | Chaparral Energy Inc | CUSIP: 15942R141<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Civitas Resources Inc          | Civitas Resources In | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |      2489 | NS      | $80892.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Solutions    | CUSIP: 17888H129<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |         3 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Comcast Corp                   | Comcast Corporation  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      2707 | NS      | $85053.94     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                   | Centene Corp         | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      3940 | NS      | $140579.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financia | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      5750 | NS      | $1222335.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated Inc     | Coca-Cola Consolidat | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |      1331 | NS      | $155939.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Cor | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1875 | NS      | $1735556.25   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp      | Carpenter Technology | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |       345 | NS      | $84711.30     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc/De | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      5421 | NS      | $370904.82    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc          | CUSTOMERS BANCORP IN | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |      5145 | NS      | $336328.65    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc            | Delta Air Lines      | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      4766 | NS      | $270470.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave Inc                       | Dave Inc.            | CUSIP: 23834J201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       283 | NS      | $56416.05     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                    | Dropbox Inc          | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |      3490 | NS      | $105432.90    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The   | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      5190 | NS      | $594255.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc         | Dolby Laboratories I | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |      1205 | NS      | $87205.85     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dodge & Cox Income Fund        | Dodge & Cox Income   | CUSIP: 256210105<br>LEI: 5493009DXXXVQJ40VE42 | Long             |  | RF                | US        |    650132 | NS      | $8334688.33   | 4.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp              | Devon Energy Corp    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      6548 | NS      | $229572.88    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc           | Dycom Industries Inc | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |       399 | NS      | $116412.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc            | Electronic Arts Inc  | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      1270 | NS      | $256159.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International Inc      | Brinker Internationa | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |      1144 | NS      | $144921.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc        | Consolidated Edison  | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      1542 | NS      | $155001.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp          | Encompass Health     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      1315 | NS      | $167031.30    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc            | Elevance Health, Inc | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       778 | NS      | $251387.36    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares J.P. Morgan USD Emergi | iShares JP Morgan    | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |     96803 | NS      | $9214677.57   | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                        | EnerSys              | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |       671 | NS      | $75796.16     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc/The           | ENSIGN GROUP INC     | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      1155 | NS      | $199549.35    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P 500 Mini Futures | CUSIP: ESZ500000<br>LEI: N/A                  | N/A              | DE               |  | US        |       -16 | NC      | $-40921.35    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC       | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |      2596 | NS      | $971553.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P Mid Cap Futures  | CUSIP: FAZ500000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-2093.69     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Total Bond Fund       | Fidelity Total Bond  | CUSIP: 31617L798<br>LEI: 52O386XUF1CQJ82UNB64 | Long             |  | RF                | US        |   2063915 | NS      | $19978701.79  | 10.56%            |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc         | FirstCash Holdings   | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       706 | NS      | $111844.52    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      3028 | NS      | $118758.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | Fedex Corp.          | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |       319 | NS      | $75223.39     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Frost Total Return Bond Fund   | Frost Total Return   | CUSIP: 359246857<br>LEI: 5493003W0I0MNZ4A3J35 | Long             | EC               | RF                | US        |    565859 | NS      | $5534099.11   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Advisor Capital & Inc | Fidelity Advisor     | CUSIP: 315806802<br>LEI: EFPYCOBHJL5FFG1PYD40 | Long             |  | RF                | US        |    799138 | NS      | $9389872.51   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc        | Comfort Systems USA  | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       177 | NS      | $146056.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Cor | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3920 | NS      | $1336720.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc  | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      7968 | NS      | $884448.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning, Inc.        | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      1979 | NS      | $162337.37    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc           | Generac Holdings Inc | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |       167 | NS      | $27955.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc         | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16031 | NS      | $3904350.05   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries  | Huntington Ingalls I | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       109 | NS      | $31382.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc          | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1686 | NS      | $725502.66    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 7-10 Year Treasury Bon | iShares 7-10 Year    | CUSIP: 464287440<br>LEI: 549300XS1PPZG92M8L16 | Long             |  | RF                | US        |     77826 | NS      | $7507095.96   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International | Johnson Controls Int | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      1850 | NS      | $203407.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| J Jill Inc                     | J. Jill Inc          | CUSIP: 46620W201<br>LEI: 529900I19PJIF8MIDL12 | Long             | EC               | CORP              | US        |       643 | NS      | $11027.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc        | Kodiak Gas Services  | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4674 | NS      | $172797.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                  | Kroger Co            | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      2187 | NS      | $147425.67    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                      | Lear Corp            | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |       881 | NS      | $88637.41     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       844 | NS      | $643972.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1504 | NS      | $750811.84    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc     | GRAND CANYON ED INC  | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |       124 | NS      | $27220.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Companies     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       919 | NS      | $230953.89    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co          | Southwest Airlines   | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |       753 | NS      | $24028.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | MasterCard, Inc.     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      2767 | NS      | $1573897.27   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Meeder Government Money Market | Meeder Government    | CUSIP: 58510R614<br>LEI: 549300F3GL1EV405WQ45 | Long             |  | RF                | US        |  21942262 | PA      | $21942261.59  | 11.60%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Mini MSCI Emg Mkt    | CUSIP: MESZ50000<br>LEI: N/A                  | N/A              | DE               |  | US        |        57 | NC      | $23835.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc   | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      4139 | NS      | $3039598.82   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Mini MSCI EAFE       | CUSIP: MFSZ50000<br>LEI: N/A                  | N/A              | DE               |  | US        |       110 | NC      | $-7847.40     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc          | Molina Healthcare In | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |       811 | NS      | $155192.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                | Morningstar Inc      | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      2724 | NS      | $631995.24    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Sys | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       689 | NS      | $634320.96    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     14205 | NS      | $7357479.75   | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology In | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      3882 | NS      | $649536.24    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Mining Corp. | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      4432 | NS      | $373661.92    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      3570 | NS      | $329760.90    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Cor | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      1334 | NS      | $812832.88    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                     | Network Appliance    | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       244 | NS      | $28904.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp            | Northern Trust Corp. | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      2014 | NS      | $271084.40    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                     | Nucor Corp           | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      1580 | NS      | $213979.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     31736 | NS      | $5921302.88   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                 | Nextracker Inc       | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       520 | NS      | $38474.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      3739 | NS      | $1051556.36   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive  | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      4803 | NS      | $517811.43    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                    | Ovintiv Inc          | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |       898 | NS      | $36261.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                     | Paccar Inc           | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |        75 | NS      | $7374.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America      | Packaging Corp of Am | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       826 | NS      | $180010.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                 | Photronics Inc       | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     15667 | NS      | $359557.65    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PrimeEnergy Resources Corp     | PrimeEnergy Resource | CUSIP: 74158E104<br>LEI: 9QMD37QNHRX1B7685Y44 | Long             | EC               | CORP              | US        |       117 | NS      | $19542.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc              | PROG Holdings Inc    | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |       150 | NS      | $4854.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp         | Primoris Svcs Corp   | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      1428 | NS      | $196107.24    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Solutions International  | Power Solutions Int. | CUSIP: 73933G202<br>LEI: 549300JWGWDXC70SNH31 | Long             | EC               | CORP              | US        |       199 | NS      | $19545.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc               | PURE STORAGE INC CL  | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |       615 | NS      | $51543.15     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM, Inc.       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      5600 | NS      | $931616.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp                  | Ralliant Corp.       | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       823 | NS      | $35989.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceut | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       208 | NS      | $116952.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc       | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      1523 | NS      | $305483.34    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp              | Ralph Lauren Corp    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       178 | NS      | $55813.68     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc        | Rockwell Automation  | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       463 | NS      | $161832.39    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc         | Roper Industries     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      1404 | NS      | $700160.76    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Russell 2000 Futures | CUSIP: RTYZ50000<br>LEI: N/A                  | N/A              | DE               |  | US        |        24 | NC      | $36582.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne Inc                | Sentinelone Inc      | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Long             | EC               | CORP              | US        |       556 | NS      | $9791.16      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers      | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      1195 | NS      | $130016.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                    | SkyWest Inc          | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |       411 | NS      | $41354.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                   | SM Energy Co         | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      1832 | NS      | $45745.04     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc       | Simon Property Group | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             |  | CORP              | US        |      6167 | NS      | $1157360.89   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding P | Sensata Technologies | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | US        |      1662 | NS      | $50774.10     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C | Stewart Information  | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |        66 | NS      | $4839.12      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc             | Steel Dynamics Inc   | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      1115 | NS      | $155464.45    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp              | State Street Corp.   | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     11181 | NS      | $1297107.81   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc            | Sun Communities Inc  | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             |  | CORP              | US        |      3746 | NS      | $483234.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc         | Skyworks Solutions   | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |      2372 | NS      | $182596.56    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial            | Synchrony Financial  | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      4620 | NS      | $328251.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      2064 | NS      | $298330.56    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Corp Ltd                | Teekay Corp          | CUSIP: G8726T105<br>LEI: YHKQM2RIPKZYOZ6RVZ46 | Long             | EC               | CORP              | US        |       502 | NS      | $4106.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 20+ Year Treasury Bond | iShares Barclays 20+ | CUSIP: 464287432<br>LEI: 549300WWURKS1JGBZU59 | Long             |  | RF                | US        |    103934 | NS      | $9288581.58   | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                   | Tapestry Inc         | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      2142 | NS      | $242517.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       742 | NS      | $329982.24    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies   | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |      1272 | NS      | $536733.12    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc           | TTM Technologies Inc | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |       252 | NS      | $14515.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments In | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      5542 | NS      | $1018231.66   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc            | Texas Roadhouse Inc  | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      2576 | NS      | $428002.40    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc   | United Airlines Hold | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      6464 | NS      | $623776.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc  | Universal Health Ser | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |       419 | NS      | $85660.36     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti Inc                   | Ubiquiti Inc         | CUSIP: 90353W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       181 | NS      | $119564.98    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group I | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1414 | NS      | $488254.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp.  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      7580 | NS      | $1791684.60   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals  | UNITED STATES LIME & | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |        18 | NS      | $2367.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc         | Valmont Industries I | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |        98 | NS      | $37997.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communicatio | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      4218 | NS      | $185381.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp            | Westamerica Bancorp  | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |       117 | NS      | $5848.83      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC  | Weatherford Internat | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |       148 | NS      | $10127.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc       | Winnebago Industries | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |       248 | NS      | $8293.12      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       635 | NS      | $40227.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                | XCEL Energy Inc.     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |      3351 | NS      | $270258.15    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      2287 | NS      | $257859.25    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                | Yum Brands Inc       | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      4126 | NS      | $627152.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-23

**Name of Applicant:** Meeder Funds

**Signature:** Bruce E. McKibben

**Name of Signer:** Bruce E. McKibben

**Title:** Treasurer