# EDGAR Filing Document

**Accession Number:** 0001174610
**File Stem:** 0001752724-25-180264
**Filing Date:** 2025-7
**Character Count:** 22440
**Document Hash:** 51555a2fb012e207bbaaca80f3029de2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180264.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180264

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250531

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21114
- **FILM NUMBER:** 251154110

**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 Merger ETF (Series ID: S000037318)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000115055 | ProShares Merger ETF | MRGR            |

## 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 Merger ETF

- **b. EDGAR series identifier (if any):** S000037318

- **c. LEI of Series:** 5493004THPTEQ37G4572

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $10965092.74

**Total Liabilities:** $465787.17

**Net Assets:** $10499305.57

**Cash Not Reported:** $150632.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000115055 | -0.42%               | -0.05%               | 0.60%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $116142.22               | $-156017.90                                |
| Month 2  | $-49453.88               | $34351.92                                  |
| Month 3  | $-655.38                 | $111871.05                                 |

**Designated Index Information**

- **Index Name:** S&P Merger Arbitrage Index

- **Index Identifier:** SPLSALP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cross Country Healthcare, Inc.        | Cross Country Healthcare, Inc.                          | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |     15889 | NS      | $209417.02    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Redfin Corp.                          | Redfin Corp.                                            | CUSIP: 75737F108<br>LEI: 549300HXWD3JEMZU3O57 | Long             | EC               | CORP              | US        |     30223 | NS      | $301927.77    | 2.88%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $11.21        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Holdings, Inc.     | Spirit AeroSystems Holdings, Inc., Class A              | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8110 | NS      | $303151.80    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| FARO Technologies, Inc.               | FARO Technologies, Inc.                                 | CUSIP: 311642102<br>LEI: 529900MFEFNOFP3YR823 | Long             | EC               | CORP              | US        |      7000 | NS      | $296590.00    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    681140 | PA      | $681140.07    | 6.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos., Inc. (The) | Interpublic Group of Cos., Inc. (The)                   | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      9499 | NS      | $227596.04    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-9237.77     | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Pacific Premier Bancorp, Inc.         | Pacific Premier Bancorp, Inc.                           | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |     13950 | NS      | $295740.00    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |     34057 | PA      | $34057.00     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-158.53      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       128 | NC      | $-17000.09    | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-4368.50     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-21392.27    | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -885 | NC      | $-22768.23    | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    476798 | PA      | $476798.05    | 4.54%             |  |  |  | No            |                  2 | On Loan: No      |
| NV5 Global, Inc.                      | NV5 Global, Inc.                                        | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13500 | NS      | $298350.00    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Group, Inc.                   | Triumph Group, Inc.                                     | CUSIP: 896818101<br>LEI: 5493007L6S47Q14SL582 | Long             | EC               | CORP              | US        |     11642 | NS      | $300247.18    | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Informatica, Inc.                     | Informatica, Inc., Class A                              | CUSIP: 45674M101<br>LEI: 984500E0DEFFE6DE9588 | Long             | EC               | CORP              | US        |     12450 | NS      | $298924.50    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2225.28      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    204342 | PA      | $204342.02    | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Foot Locker, Inc.                     | Foot Locker, Inc.                                       | CUSIP: 344849104<br>LEI: 549300X383CBNP6MTV94 | Long             | EC               | CORP              | US        |     12400 | NS      | $294624.00    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-648.24      | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Skechers USA, Inc.                    | Skechers USA, Inc., Class A                             | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |      4830 | NS      | $299653.20    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| AZEK Co., Inc. (The)                  | AZEK Co., Inc. (The), Class A                           | CUSIP: 05478C105<br>LEI: 5493002LDDDU1RX46815 | Long             | EC               | CORP              | US        |      6091 | NS      | $301565.41    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    408684 | PA      | $408684.04    | 3.89%             |  |  |  | No            |                  2 | On Loan: No      |
| AvidXchange Holdings, Inc.            | AvidXchange Holdings, Inc.                              | CUSIP: 05368X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30500 | NS      | $298595.00    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    340570 | PA      | $340570.04    | 3.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Road Resources Ltd.              | Gold Road Resources Ltd.                                | CUSIP: N/A<br>LEI: 213800HJWH96TDEMNY83       | Long             | EC               | CORP              | AU        |    141000 | NS      | $309021.24    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SpringWorks Therapeutics, Inc.        | SpringWorks Therapeutics, Inc.                          | CUSIP: 85205L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6415 | NS      | $299644.65    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Direct Line Insurance Group plc       | Direct Line Insurance Group plc                         | CUSIP: N/A<br>LEI: 213800FF2R23ALJQOP04       | Long             | EC               | CORP              | GB        |     90589 | NS      | $363235.94    | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-143.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kellanova                             | Kellanova                                               | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      3540 | NS      | $292510.20    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $-21.47       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1130.52      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-6.92        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    705865 | PA      | $705865.16    | 6.72%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-10848.27    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Everi Holdings, Inc.                  | Everi Holdings, Inc.                                    | CUSIP: 30034T103<br>LEI: 5299006DK5S7BG10K532 | Long             | EC               | CORP              | US        |     21799 | NS      | $307583.89    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $5.99         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESCO GOVT AND AGCY LEX             | INVESCO GOVERNMENT & AGENCY PORTFOLIO OPEN-END FUND USD | CUSIP: 825252885<br>LEI: O37NHJVF7S22I1ONOU83 | Long             | STIV             | RF                | US        |    317331 | NS      | $317331.00    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-147.83      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Dun & Bradstreet Holdings, Inc.       | Dun & Bradstreet Holdings, Inc.                         | CUSIP: 26484T106<br>LEI: 254900LNALVKD1ZX7U27 | Long             | EC               | CORP              | US        |     32813 | NS      | $295645.13    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance, Inc.        | Walgreens Boots Alliance, Inc.                          | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     26002 | NS      | $292522.50    | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Total Return Swap                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -3 | NC      | $172.80       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Covestro AG                           | Covestro AG                                             | CUSIP: N/A<br>LEI: 3912005AWHKLQ1CPLV11       | Long             | EC               | CORP              | DE        |      4487 | NS      | $306195.33    | 2.92%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Playa Hotels & Resorts NV             | Playa Hotels & Resorts NV                               | CUSIP: N/A<br>LEI: 529900BUP3KWPCJNLS49       | Long             | EC               | CORP              | US        |     22146 | NS      | $298085.16    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Parkland Corp.                        | Parkland Corp.                                          | CUSIP: 70137W108<br>LEI: 549300UY5C6HUV0XLS53 | Long             | EC               | CORP              | CA        |     10725 | NS      | $302755.49    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $5767.84      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TXNM Energy, Inc.                     | TXNM Energy, Inc.                                       | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |      5250 | NS      | $297622.50    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4.27         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $46.11        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Repurchase Agreement                  | Repurchase Agreement                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               | CORP              | US        |    238399 | PA      | $238399.02    | 2.27%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | Forward Foreign Currency Contract                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-17415.91    | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Broadband Corp.               | Liberty Broadband Corp., Class C                        | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      3104 | NS      | $291155.20    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** ProShares Trust

**Signature:** Maria Clem Sell

**Name of Signer:** Maria Clem Sell

**Title:** Treasurer