# EDGAR Filing Document

**Accession Number:** 0001174610
**File Stem:** 0001752724-23-011603
**Filing Date:** 2023-1
**Character Count:** 35500
**Document Hash:** 013a1fa55da1e4a5bd3503813be9f4bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-011603.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001752724-23-011603

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**PERIOD START**: 20230531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROSHARES TRUST
- **CENTRAL INDEX KEY:** 0001174610
- **IRS NUMBER:** 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:** 23550614

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

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

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Bethesda

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20814

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

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

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

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

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

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

- **a. Date of fiscal year-end:** 2023-05-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $93776810.48

**Total Liabilities:** $18529577.57

**Net Assets:** $75247232.91

**Cash Not Reported:** $28179009.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038816 | -24.53%              | 5.08%                | 11.37%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2007558.24             | $-7833526.70                               |
| Month 2  | $-1206059.65             | $2860565.32                                |
| Month 3  | $-8.65                   | $3696710.12                                |

**Designated Index Information**

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

- **Index Identifier:** DJUSRE

### Schedule of Portfolio Investments

| Name                                    | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBRE Group, Inc.                        | CBRE Group, Inc., Class A                               | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     16448 | NS      | $1309260.80   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.             | Host Hotels & Resorts, Inc.                             | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     36618 | NS      | $693544.92    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp.                      | Agree Realty Corp.                                      | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4089 | NS      | $286025.55    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporate Office Properties Trust       | Corporate Office Properties Trust                       | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |      5759 | NS      | $159927.43    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                               | CubeSmart                                               | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11496 | NS      | $475819.44    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group, Inc.                      | CoStar Group, Inc.                                      | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20281 | NS      | $1643572.24   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.       | Equity LifeStyle Properties, Inc.                       | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      8959 | NS      | $595056.78    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.              | Essex Property Trust, Inc.                              | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      3334 | NS      | $734746.92    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc. | Mid-America Apartment Communities, Inc.                 | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      5913 | NS      | $974935.44    | 1.30%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    132092 | NC      | $-5036362.70  | -6.69%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     31357 | NC      | $-5954062.55  | -7.91%            |  |  |  | No            |                  2 | On Loan: No      |
| WP Carey, Inc.                          | WP Carey, Inc.                                          | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     10631 | NS      | $837722.80    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                | SBA Communications Corp.                                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      5526 | NS      | $1653931.80   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Realty Capital, Inc.             | Spirit Realty Capital, Inc.                             | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |      6984 | NS      | $289277.28    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.     | Gaming and Leisure Properties, Inc.                     | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     13083 | NS      | $688296.63    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                   | Sun Communities, Inc.                                   | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      6317 | NS      | $927967.30    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Storage, Inc.                      | Life Storage, Inc.                                      | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |      4321 | NS      | $464464.29    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Commonwealth                     | Equity Commonwealth                                     | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               | CORP              | US        |      5703 | NS      | $154494.27    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust, Inc.           | Starwood Property Trust, Inc.                           | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               | CORP              | US        |     15838 | NS      | $339091.58    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors, Inc.         | National Health Investors, Inc.                         | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |      2288 | NS      | $128722.88    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.              | Digital Realty Trust, Inc.                              | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     14730 | NS      | $1656535.80   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Corp. (The)               | Howard Hughes Corp. (The)                               | CUSIP: 44267D107<br>LEI: 549300BVHY25JZC1KI49 | Long             | EC               | CORP              | US        |      1840 | NS      | $137153.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                   | Camden Property Trust                                   | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      5456 | NS      | $656520.48    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                   | American Homes 4 Rent, Class A                          | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     15495 | NS      | $512419.65    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties, Inc.              | EastGroup Properties, Inc.                              | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      2232 | NS      | $346495.68    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust         | Federal Realty Investment Trust                         | CUSIP: 313745101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3730 | NS      | $414403.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.              | Simon Property Group, Inc.                              | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     16763 | NS      | $2002172.72   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.        | Omega Healthcare Investors, Inc.                        | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |     11995 | NS      | $363208.60    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle, Inc.                | Jones Lang LaSalle, Inc.                                | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      2454 | NS      | $412689.18    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                               | UDR, Inc.                                               | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     15641 | NS      | $648632.27    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                        | Weyerhaeuser Co.                                        | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     37920 | NS      | $1240363.20   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                     | Rithm Capital Corp.                                     | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |     23915 | NS      | $216430.75    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                   | Regency Centers Corp.                                   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |      7879 | NS      | $523401.97    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                            | Ventas, Inc.                                            | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     20469 | NS      | $952422.57    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp.                      | Kimco Realty Corp.                                      | CUSIP: 49446R109<br>LEI: 549300EA7I6T15IBYS12 | Long             | EC               | CORP              | US        |     31679 | NS      | $726082.68    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management, Inc.         | Annaly Capital Management, Inc.                         | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |     22080 | NS      | $478473.60    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust, Inc.         | Blackstone Mortgage Trust, Inc., Class A                | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |      8719 | NS      | $220329.13    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties, Inc.                | Cousins Properties, Inc.                                | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |      7757 | NS      | $204629.66    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                    | LXP Industrial Trust                                    | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     14331 | NS      | $154201.56    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     18105 | NC      | $-263593.66   | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    197301 | PA      | $197300.64    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       511 | NC      | $12561.07     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Zillow Group, Inc.                      | Zillow Group, Inc., Class C                             | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      8478 | NS      | $321994.44    | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Kilroy Realty Corp.                     | Kilroy Realty Corp.                                     | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |      5388 | NS      | $232869.36    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                     | Realty Income Corp.                                     | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     31634 | NS      | $1995156.38   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes, Inc.                  | Invitation Homes, Inc.                                  | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29699 | NS      | $969078.37    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |     39460 | PA      | $39459.60     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.   | Alexandria Real Estate Equities, Inc.                   | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      7605 | NS      | $1183414.05   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.     | First Industrial Realty Trust, Inc.                     | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6765 | NS      | $341970.75    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.            | Sabra Health Care REIT, Inc.                            | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     11831 | NS      | $152738.21    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty, Inc.         | Rexford Industrial Realty, Inc.                         | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |      8762 | NS      | $484450.98    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Physicians Realty Trust                 | Physicians Realty Trust                                 | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |     11593 | NS      | $173083.49    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                      | Crown Castle, Inc.                                      | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     22174 | NS      | $3136068.82   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                   | SL Green Realty Corp.                                   | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |      3295 | NS      | $138258.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     17356 | NC      | $-2996000.97  | -3.98%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     12231 | NC      | $-4063648.28  | -5.40%            |  |  |  | No            |                  2 | On Loan: No      |
| Welltower, Inc.                         | Welltower, Inc.                                         | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |     23730 | NS      | $1685541.90   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Income REIT Corp.             | Apartment Income REIT Corp.                             | CUSIP: 03750L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7899 | NS      | $300556.95    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    187039 | PA      | $187038.51    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.             | AvalonBay Communities, Inc.                             | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      7161 | NS      | $1252458.90   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties, Inc.                   | VICI Properties, Inc.                                   | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     49331 | NS      | $1687120.20   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust, Inc.            | Americold Realty Trust, Inc.                            | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |     13798 | NS      | $411870.30    | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| INVESCO GOVT AND AGCY LEX               | INVESCO GOVERNMENT & AGENCY PORTFOLIO OPEN-END FUND USD | CUSIP: 825252885<br>LEI: O37NHJVF7S22I1ONOU83 | Long             | STIV             | RF                | US        |     94852 | NS      | $94851.50     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| National Retail Properties, Inc.        | National Retail Properties, Inc.                        | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |      9072 | NS      | $420577.92    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     28070 | NC      | $689421.79    | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Storage                          | Public Storage                                          | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |      8093 | NS      | $2411390.28   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                          | Prologis, Inc.                                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     47217 | NS      | $5561690.43   | 7.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |     39460 | PA      | $39459.60     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Rayonier, Inc.                          | Rayonier, Inc.                                          | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |      7500 | NS      | $269100.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Properties, Inc.                 | Boston Properties, Inc.                                 | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |      7307 | NS      | $526688.56    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp.                   | AGNC Investment Corp.                                   | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |     26776 | NS      | $267492.24    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust, Inc.           | Healthcare Realty Trust, Inc.                           | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |     19492 | NS      | $400170.76    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                      | Equity Residential                                      | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     17332 | NS      | $1124153.52   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                    | Vornado Realty Trust                                    | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8251 | NS      | $208667.79    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett, Inc.                    | Douglas Emmett, Inc.                                    | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9004 | NS      | $155949.28    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                    | JBG SMITH Properties                                    | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5098 | NS      | $105069.78    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group, Inc.                      | Zillow Group, Inc., Class A                             | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      3020 | NS      | $112948.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Opendoor Technologies, Inc.             | Opendoor Technologies, Inc.                             | CUSIP: 683712103<br>LEI: 254900KX11YZ4HV5BQ47 | Long             | EC               | CORP              | US        |     25770 | NS      | $47674.50     | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Medical Properties Trust, Inc.          | Medical Properties Trust, Inc.                          | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |     30683 | NS      | $402560.96    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                   | STAG Industrial, Inc.                                   | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |      9180 | NS      | $302113.80    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.              | Highwoods Properties, Inc.                              | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |      5388 | NS      | $160562.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties, Inc.             | Healthpeak Properties, Inc.                             | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |     27638 | NS      | $725773.88    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| STORE Capital Corp.                     | STORE Capital Corp.                                     | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               | CORP              | US        |     13608 | NS      | $434095.20    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                    | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    386704 | PA      | $386704.10    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corp.                    | American Tower Corp.                                    | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     23834 | NS      | $5273272.50   | 7.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.            | Brixmor Property Group, Inc.                            | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     15350 | NS      | $355813.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                     | Iron Mountain, Inc.                                     | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     14890 | NS      | $808973.70    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.               | Extra Space Storage, Inc.                               | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6859 | NS      | $1102172.71   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co.                   | Lamar Advertising Co., Class A                          | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |      4463 | NS      | $446924.82    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust       | National Storage Affiliates Trust                       | CUSIP: 637870106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4372 | NS      | $174049.32    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PotlatchDeltic Corp.                    | PotlatchDeltic Corp.                                    | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |      4128 | NS      | $197277.12    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                           | Equinix, Inc.                                           | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      4665 | NS      | $3221882.25   | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** ProShares Trust

**Signature:** Maria Clem Sell

**Name of Signer:** Maria Clem Sell

**Title:** Treasurer