# EDGAR Filing Document

**Accession Number:** 0001039803
**File Stem:** 0001752724-25-206258
**Filing Date:** 2025-8
**Character Count:** 25291
**Document Hash:** ca41dce58c04f057926ff52ef7646057
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-206258.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-206258

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ProFunds
- **CENTRAL INDEX KEY:** 0001039803

**ORGANIZATION NAME:**
- **EIN:** 522035197
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08239
- **FILM NUMBER:** 251257467

**BUSINESS ADDRESS:**
- **STREET 1:** 7272 WISCONSIN AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** 2404976428

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PROFUNDS
- **DATE OF NAME CHANGE:** 19970521

## Series and Classes Contracts Data

### PROFUND VP EMERGING MARKETS (Series ID: S000008851)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000024086 | PROFUND VP EMERGING MARKETS |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ProFunds

- **b. Investment Company Act file number:** 811-08239

- **c. CIK number of Registrant:** 0001039803

- **d. LEI of Registrant:** 549300HM4OOUYSE5DP77

- **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:** PROFUND VP EMERGING MARKETS

- **b. EDGAR series identifier (if any):** S000008851

- **c. LEI of Series:** F8D3IMEJWAML2XWDBK13

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $41664880.89

**Total Liabilities:** $2804264.92

**Net Assets:** $38860615.97

**Cash Not Reported:** $1755288.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024086 | -1.97%               | 4.39%                | 6.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-681104.77              | $-187023.79                                |
| Month 2  | $-428941.21              | $951633.05                                 |
| Month 3  | $85760.92                | $1387116.51                                |

**Designated Index Information**

- **Index Name:** S&P Emerging 50 ADR Index

- **Index Identifier:** BKTEM

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| XPeng Inc.                                                     | XPeng Inc                                     | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | KY        |     11275 | NS      | $201597.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Woori Financial Group Inc.                                     | Woori Financial Group Inc                     | CUSIP: 981064108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3760 | NS      | $186984.80    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc.                                            | POSCO Holdings, Inc.                          | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | SK        |      4978 | NS      | $241383.22    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Limited                                                | Kanzhun Ltd                                   | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | KY        |      5851 | NS      | $104381.84    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc.                                                   | NetEase, Inc. - ADR                           | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |      5840 | NS      | $785947.20    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano S A B de C V                        | Fomento Economico Mexicano SAB de CV          | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |      2941 | NS      | $302864.18    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                                       | Itau Unibanco Holding SA                      | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     91055 | NS      | $618263.45    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                                              | Banco Bradesco SA                             | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |     90349 | NS      | $279178.41    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Auto Inc.                                                   | Li Auto Inc                                   | CUSIP: 50202M102<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |     10949 | NS      | $296827.39    | 0.76%             |  |  |  | No            |                  1 | On Loan: —       |
| Grupo Aeroportuario Del Pacifico S.A.B. de C.V.                | Grupo Aeroportuario del Pacifico SAB de CV    | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |       697 | NS      | $160045.14    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr. Reddy's Laboratories Ltd.                                  | Dr Reddy's Laboratories Ltd.                  | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |     10405 | NS      | $156387.15    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale S.A.                                                      | Vale SA                                       | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     61240 | NS      | $594640.40    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd.                                | Shinhan Financial Group Co Ltd.               | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | SK        |      8470 | NS      | $382674.60    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CEMEX S.A.B. de C.V.                                           | Cemex SAB de CV                               | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     25848 | NS      | $179126.64    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd.                                                     | Wipro Ltd.                                    | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |     48255 | NS      | $145730.10    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd.                                            | Trip.com Group Ltd.                           | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |      9152 | NS      | $536673.28    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                                     | Full Truck Alliance Co Ltd                    | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | KY        |     12678 | NS      | $149727.18    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd.                                                | ICICI Bank Ltd.                               | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     37042 | NS      | $1246092.88   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | ROYAL BANK OF CANADA  4.15 , 7/01/2025        | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     19000 | PA      | $19000.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrais Eletricas Brasileiras S.A.                            | Centrais Eletricas Brasileiras S.A.           | CUSIP: 15234Q207<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BZ        |     15578 | NS      | $115744.54    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| AGPXX                                                          | Invesco Government & Agency Portfolio         | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3998532 | NS      | $3998532.00   | 10.29%            |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express (Cayman) Inc.                                      | ZTO Express Cayman, Inc.                      | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |      6337 | NS      | $112481.75    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | CREDIT AGRICOLE CIB NY  4.26 , 7/01/2025      | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     39000 | PA      | $39000.00     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| New Oriental Education &  Technology Group Inc.                | New Oriental Education & Technology Group Inc | CUSIP: 647581206<br>LEI: 529900NHZVBZQZ8EKN29 | Long             | EC               | CORP              | KY        |      2091 | NS      | $112809.45    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer S.A.                                                   | Embraer SA                                    | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |      2972 | NS      | $169136.52    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BeOne Medicines Ltd.                                           | BeiGene Ltd                                   | CUSIP: 07725L102<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      1085 | NS      | $262645.95    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP | Companhia de Saneamento Basico do Estado      | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BZ        |      7806 | NS      | $171497.82    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd.                                                 | HDFC Bank Ltd.                                | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     32225 | NS      | $2470690.75   | 6.36%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                                            | HSBC SECURITIES (USA), INC. B 4.3 , 7/01/2025 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    120000 | PA      | $120000.00    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                                     | Alibaba Group Holding Ltd.                    | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     34076 | NS      | $3864559.16   | 9.94%             |  |  |  | No            |                  1 | On Loan: No      |
| United Microelectronics Corp.                                  | United Microelectronics Corp.                 | CUSIP: 910873405<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |     39885 | NS      | $305120.25    | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Taiwan Semiconductor Manufacturing Co., Ltd.                   | Taiwan Semiconductor Manufacturing Co. Ltd.   | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     25713 | NS      | $5823737.37   | 14.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc.                                                     | Baidu, Inc.                                   | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |      4746 | NS      | $407016.96    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA                                         | Petroleo Brasileiro SA                        | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |     31777 | NS      | $397530.27    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc.                                                       | NIO Inc                                       | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Long             | EC               | CORP              | KY        |     30133 | NS      | $103356.19    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Tencent Music Entertainment Group                              | Tencent Music Entertainment Group             | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CH        |      9189 | NS      | $179093.61    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                                                | Gold Fields Ltd.                              | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     15290 | NS      | $361914.30    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| H World Group Ltd.                                             | Nuazhu Group Ltd.                             | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | KY        |      2778 | NS      | $94229.76     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc.                                                    | JD.com, Inc.                                  | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |     24755 | NS      | $808003.20    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev S.A.                                                     | Ambev SA                                      | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |     75297 | NS      | $181465.77    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | VPEM_BKTEM_UBS                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               |  | US        |       343 | OU      | $-2016.32     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Chunghwa Telecom Co Ltd.                                       | Chunghwa Telecom Co., Ltd.                    | CUSIP: 17133Q502<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6484 | NS      | $302219.24    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd.                                 | ASE Technology Holding Co Ltd.                | CUSIP: 00215W100<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |     29411 | NS      | $303815.63    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                                     | Harmony Gold Mining Co. Ltd.                  | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |      9540 | NS      | $133273.80    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste S.A.B. de C.V.                 | Grupo Aeroportuario del Sureste SAB de CV     | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |       297 | NS      | $94704.39     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA                                         | Petroleo Brasileiro SA                        | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |     36700 | NS      | $423518.00    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc.                                               | KE Holdings Inc                               | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |     12011 | NS      | $213075.14    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc.                                        | KB Financial Group, Inc.                      | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      6316 | NS      | $521638.44    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | NATWEST MARKETS PLC  4.24 , 7/01/2025         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     33000 | PA      | $33000.00     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd.                                                   | Infosys Ltd.                                  | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     61708 | NS      | $1143449.24   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc.                                              | Pinduoduo, Inc.                               | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |     12007 | NS      | $1256652.62   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzano S A                                                     | Suzano SA                                     | CUSIP: 86959K105<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |     11863 | NS      | $111630.83    | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                                            | UMB FINANCIAL CORP. B 4.1 , 7/01/2025         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     40000 | PA      | $40000.00     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TAL Education Group                                            | TAL Education Group                           | CUSIP: 874080104<br>LEI: 5493003PJZS0EC085V72 | Long             | EC               | CORP              | KY        |      9518 | NS      | $97273.96     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                                                 | Banco de Chile                                | CUSIP: 059520106<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |      3792 | NS      | $115352.64    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | VPEM_BKTEM_GOLDMAN                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               |  | US        |       335 | OU      | $-2096.47     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Telkom Indonesia(Persero) Tbk PT                               | Telkom Indonesia(Persero) Tbk PT              | CUSIP: 715684106<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |      8116 | NS      | $137485.04    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | VPEM_BKTEM_GOLDMAN                            | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               |  | US        |      -115 | OU      | $583.35       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOCIETE' GENERALE  4.26 , 7/01/2025           | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     80000 | PA      | $80000.00     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| America Movil S.A.B. de C.V.                                   | America Movil SAB de CV                       | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | US        |     16049 | NS      | $287919.06    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** ProFund VP Emerging Markets

**Signature:** Rebecca Colvin

**Name of Signer:** Rebecca Colvin

**Title:** Treasurer and Principal Financial Officer