# EDGAR Filing Document

**Accession Number:** 0000702435
**File Stem:** 0000702435-25-000054
**Filing Date:** 2025-10
**Character Count:** 63089
**Document Hash:** 3709fd47fc1c4d29817e4ede8b302209
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000702435-25-000054.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0000702435-25-000054

**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:** 251412233

**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

### CONSERVATIVE ALLOCATION FUND (Series ID: S000003613)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000010070 | Retail Class        | FLRUX           |
| C000169633 | Institutional Class | IFAIX           |
| C000176586 | Adviser Class       | IFAAX           |

## 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)

Conservative

Allocation

Fund

Security

Description

Shares,

Contracts

or

Principal

Amount

($)

Fair

Value

($)

Common

Stocks

(United

States)

—

.3

%

Communication

Services

—

2.3%

Alphabet

Inc

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

7,190

1,751,124

Comcast

Corp

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

1,166

36,636

Electronic

Arts

Inc

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

688

138,770

EverQuote

Inc

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

4,094

Meta

Platforms

Inc

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

1,966

1,443,791

Verizon

Communications

Inc

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

3,380

148,551

Walt

Disney

Co/The

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

2,352

269,304

3,792,270

Consumer

Discretionary

—

1.3%

Amazon.com

Inc

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

2,818

618,748

Best

Buy

Co

Inc

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

738

55,808

BorgWarner

Inc

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

2,110

Bright

Horizons

Family

Solutions

Inc

(1) ......

53,091

Brinker

International

Inc

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

529

67,014

Grand

Canyon

Education

Inc

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

12,513

Lear

Corp

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

37,125

Lowe's

Cos

Inc

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

97,006

O'Reilly

Automotive

Inc

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

2,021

217,884

Ralph

Lauren

Corp

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

34,178

Tapestry

Inc

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

992

112,314

Tesla

Inc

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

152,094

Texas

Roadhouse

Inc

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

1,235

205,195

TJX

Cos

Inc/The

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

1,604

231,842

Winnebago

Industries

Inc

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

1,672

Yum!

Brands

Inc

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

1,807

274,664

2,173,258

Consumer

Staples

—

0.7%

Cal-Maine

Foods

Inc

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

30,112

Coca-Cola

Consolidated

Inc

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

600

70,296

Costco

Wholesale

Corp

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

963

891,382

Kroger

Co/The

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

847

57,096

Sprouts

Farmers

Market

Inc

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

52,224

1,101,110

Energy

—

0.3%

Civitas

Resources

Inc

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

659

21,417

Devon

Energy

Corp

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

3,907

136,979

Exxon

Mobil

Corp

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

1,160

130,790

Kodiak

Gas

Services

Inc

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

2,038

75,345

PrimeEnergy

Resources

Corp

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

9,855

SM

Energy

Co

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

1,420

35,457

Teekay

Corp

Ltd

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

1,759

Weatherford

International

PLC

...........

9,854

Williams

Cos

Inc/The

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

505

31,992

453,448

Financials

—

4.0%

Ally

Financial

Inc

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

1,190

46,648

American

International

Group

Inc

.........

947

74,377

Bank

of

New

York

Mellon

Corp/The

........

5,792

631,096

Berkshire

Hathaway

Inc

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

5,121

2,574,531

BOK

Financial

Corp

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

46,916

Capital

One

Financial

Corp

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

2,772

589,272

Customers

Bancorp

Inc

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

2,627

171,727

Dave

Inc

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

22,527

FirstCash

Holdings

Inc

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

34,219

Mastercard

Inc

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

1,303

741,159

Morningstar

Inc

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

1,263

293,029

Northern

Trust

Corp

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

840

113,064

Popular

Inc

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

2,180

276,882

PROG

Holdings

Inc

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

4,401

State

Street

Corp

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

5,396

625,990

Stewart

Information

Services

Corp

........

4,106

Synchrony

Financial

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

2,171

154,250

Westamerica

BanCorp

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

8,598

6,412,792

Health

Care

—

1.5%

AbbVie

Inc

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

1,268

293,593

Amgen

Inc

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

1,609

454,060

Cardinal

Health

Inc

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

524

82,247

Centene

Corp

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

1,858

66,293

Elevance

Health

Inc

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

140,234

Eli

Lilly

&

Co

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

302,148

Encompass

Health

Corp

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

586

74,434

Ensign

Group

Inc/The

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

83,966

Gilead

Sciences

Inc

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

4,022

446,442

Molina

Healthcare

Inc

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

77,118

Regeneron

Pharmaceuticals

Inc

..........

79,842

UnitedHealth

Group

Inc

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

659

227,553

Universal

Health

Services

Inc

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

40,070

2,368,000

Industrials

—

3.2%

Alaska

Air

Group

Inc

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

14,187

Albany

International

Corp

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

1,060

56,498

AMETEK

Inc

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

3,273

615,324

Argan

Inc

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

59,141

Atkore

Inc

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

20,202

Boise

Cascade

Co

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

1,734

134,073

BWX

Technologies

Inc

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

1,659

Carpenter

Technology

Corp

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

24,800

Comfort

Systems

USA

Inc

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

71,791

Delta

Air

Lines

Inc

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

2,077

117,870

Dycom

Industries

Inc

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

63,020

Eaton

Corp

PLC

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

1,176

440,118

2025

Quarterly

Report

\|

September

30,

2025

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Schedules

of

Investments

September

30,

2025

(unaudited)

EnerSys

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

37,842

FedEx

Corp

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

41,267

GE

Vernova

Inc

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

49,807

Generac

Holdings

Inc

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

8,203

General

Dynamics

Corp

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

1,858

633,578

Hubbell

Inc

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

747

321,442

Huntington

Ingalls

Industries

Inc

..........

14,395

Johnson

Controls

International

plc

.........

933

102,583

Lockheed

Martin

Corp

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

734

366,420

NEXTracker

Inc

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

21,383

Northrop

Grumman

Corp

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

594

361,936

PACCAR

Inc

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

6,686

Power

Solutions

International

Inc

(1) ........

10,117

Primoris

Services

Corp

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

691

94,895

Regal

Rexnord

Corp

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

37,008

Rockwell

Automation

Inc

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

92,625

Sensata

Technologies

Holding

PLC

........

887

27,098

SkyWest

Inc

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

23,444

Southwest

Airlines

Co

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

11,073

Textron

Inc

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

40,809

Trane

Technologies

PLC

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

207,604

Union

Pacific

Corp

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

3,558

841,004

United

Airlines

Holdings

Inc

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

2,826

272,709

Valmont

Industries

Inc

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

18,223

5,260,834

Information

Technology

—

7.8%

Apple

Inc

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

9,586

2,440,883

Applied

Materials

Inc

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

605

123,868

Avnet

Inc

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

6,221

Broadcom

Inc

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

2,381

785,516

Cisco

Systems

Inc

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

2,416

165,303

Consensus

Cloud

Solutions

Inc

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

14,010

Corning

Inc

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

941

77,190

Dolby

Laboratories

Inc

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

539

39,007

Dropbox

Inc

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

1,439

43,472

Micron

Technology

Inc

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

1,821

304,690

Microsoft

Corp

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

6,653

3,445,921

Monolithic

Power

Systems

Inc

...........

301,970

NetApp

Inc

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

13,504

NVIDIA

Corp

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

14,665

2,736,196

Oracle

Corp

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

1,778

500,045

Photronics

Inc

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

7,073

162,325

Pure

Storage

Inc

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

29,334

QUALCOMM

Inc

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

2,522

419,560

Ralliant

Corp

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

15,480

Roper

Technologies

Inc

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

593

295,723

Skyworks

Solutions

Inc

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

1,019

78,443

Texas

Instruments

Inc

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

2,642

485,415

TTM

Technologies

Inc

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

2,822

Ubiquiti

Inc

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

58,131

12,545,029

Materials

—

0.5%

Anglogold

Ashanti

Plc

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

12,589

Crown

Holdings

Inc

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

1,308

126,340

Freeport-McMoRan

Inc

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

1,218

47,770

Newmont

Corp

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

2,047

172,583

Nucor

Corp

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

775

104,958

Packaging

Corp

of

America

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

98,940

Royal

Gold

Inc

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

629

126,165

Steel

Dynamics

Inc

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

573

79,893

United

States

Lime

&

Minerals

Inc

.........

1,184

770,422

Real

Estate

—

0.4%

Simon

Property

Group

Inc

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

2,006

376,466

Sun

Communities

Inc

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

1,687

217,623

594,089

Utilities

—

0.3%

Black

Hills

Corp

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

2,130

131,187

Consolidated

Edison

Inc

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

682

68,554

National

Fuel

Gas

Co

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

1,619

149,547

Xcel

Energy

Inc

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

1,637

132,024

481,312

Total

Common

Stocks

(United

States)

(Cost

$

27,723,747)

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

35,952,564

Warrants

(United

States)

—

.0

%

Civitas

Resources

Inc

,

Expiration

Date

1/20/2026

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

Total

Warrants

(United

States)

(Cost

$

–)

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

Registered

Investment

Companies

—

.1

%

U.S.

Fixed

Income

—

59.1%

Baird

Core

Plus

Bond

Fund

-

Class

I

.......

2,314,507

23,885,715

Dodge

&

Cox

Income

Fund

-

Class

I

........

815,079

10,449,316

Fidelity

Advisor

Capital

&

Income

Fund

-

Class

Z

867,601

10,194,314

Fidelity

Total

Bond

Fund

-

Class

Z

.........

2,486,600

24,070,289

Frost

Total

Return

Bond

Fund

-

Class

I

......

653,790

6,394,069

iShares

20+

Year

Treasury

Bond

ETF

(3) ......

126,059

11,265,893

iShares

7-10

Year

Treasury

Bond

ETF

(3) .....

93,766

9,044,668

95,304,264

International

Fixed

Income

—

7.0%

iShares

J.P.

Morgan

USD

Emerging

Markets

Bond

ETF

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

118,555

11,285,251

11,285,251

Total

Registered

Investment

Companies

(Cost

$

101,946,624)

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

106,589,515

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

—

.1

%

Meeder

Government

Money

Market

Fund

,

3.99 %

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

17,855,140

17,855,140

Total

Money

Market

Registered

Investment

Companies

(Cost

$

17,855,140)

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

17,855,140

Total

Investments

—

.5

%

(Cost

$

147,525,511)

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

160,397,219

Other

Assets

less

Liabilities

—

.5

%

.......

791,995

Total

Net

Assets

—

.0

%

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

161,189,214

Trustee

Deferred

Compensation

(5) Meeder

Balanced

Fund

-

Retail

Class

.......

1,807

23,072

Meeder

Conservative

Allocation

Fund

-

Retail

Class

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

11,461

Meeder

Dynamic

Allocation

Fund

-

Retail

Class

4,788

67,656

Meeder

Muirfield

Fund

-

Retail

Class

.......

3,519

32,970

Total

Trustee

Deferred

Compensation

(Cost

$

115,820)

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

135,159

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

7,798,840

(3,995)

Mini

MSCI

Emg

Mkt

Futures

-

Dec

2025

..

12/19/25

1,903,580

11,709

Russell

2000

Futures

Mini

December

2025

....

12/19/25

1,718,850

21,339

S&P

Mid

Cap

Futures

EMini

December

2025

12/19/25

657,240

(4,187)

Total

Futures

Contracts

.

12,078,510

24,866

(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

Conservative

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:** Conservative Allocation Fund

- **b. EDGAR series identifier (if any):** S000003613

- **c. LEI of Series:** 549300HRYSTFZ40BAP29

**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:** $161888513.75

**Total Liabilities:** $699300.07

**Net Assets:** $161189213.68

**Cash Not Reported:** $689532.82

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010070 | 0.00%                | 0.02%                | 0.02%                |
| Class ID C000169633 | 0.00%                | 0.02%                | 0.02%                |
| Class ID C000176586 | 0.00%                | 0.02%                | 0.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $317124.77               | $-86101.04                                 |
| Month 2  | $339993.35               | $1339502.52                                |
| Month 3  | $400947.55               | $1852610.31                                |

**Designated Index Information**

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

- **Index Identifier:** FOUSA08PJW

### 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        |      9586 | NS      | $2440883.18   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc           | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      1268 | NS      | $293592.72    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                      | Argan Inc            | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       219 | NS      | $59140.95     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I | American Internation | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |       947 | NS      | $74377.38     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp      | Albany International | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |      1060 | NS      | $56498.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc           | Alaska Air Group Inc | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |       285 | NS      | $14187.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc             | Ally Financial Inc   | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |      1190 | NS      | $46648.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials In | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       605 | NS      | $123867.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                     | AMETEK, Inc.         | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      3273 | NS      | $615324.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1609 | NS      | $454059.80    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc       | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2818 | NS      | $618748.26    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                     | Atkore Inc           | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |       322 | NS      | $20202.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc          | AngloGold Ashanti    | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | US        |       179 | NS      | $12589.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2381 | NS      | $785515.71    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                      | Avnet Inc            | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |       119 | NS      | $6221.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                | Best Buy Co Inc      | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       738 | NS      | $55807.56     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co               | Boise Cascade Co     | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      1734 | NS      | $134072.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Baird Core Plus Bond Fund      | Baird Core Plus Bond | CUSIP: 057071870<br>LEI: 549300S4MBFCLLUH2X28 | Long             | EC               | RF                | US        |   2314507 | NS      | $23885715.04  | 14.82%            |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutio | BRIGHT HORIZONS FAM  | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       489 | NS      | $53090.73     | 0.03%             |  |  |  | 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        |      5792 | NS      | $631096.32    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp               | Blackhills Corp      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      2130 | NS      | $131186.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp             | BOK Financial Corp.  | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |       421 | NS      | $46916.24     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                    | Popular Inc          | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | US        |      2180 | NS      | $276881.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc         | Berkshire Hathaway I | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      5121 | NS      | $2574531.54   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                 | BorgWarner Inc       | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |        48 | NS      | $2110.08      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies,    | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |         9 | NS      | $1659.33      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc  | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       524 | NS      | $82247.04     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc            | Cal-Maine Foods Inc  | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |       320 | NS      | $30112.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc             | Crown Holdings, Inc. | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      1308 | NS      | $126339.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions Inc  | Consensus Cloud Solu | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       477 | NS      | $14009.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc          | Civitas Resources In | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |       659 | NS      | $21417.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Solutions    | CUSIP: 17888H129<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Comcast Corp                   | Comcast Corporation  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      1166 | NS      | $36635.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                   | Centene Corp         | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      1858 | NS      | $66293.44     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financia | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      2772 | NS      | $589271.76    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated Inc     | Coca-Cola Consolidat | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |       600 | NS      | $70296.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Cor | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       963 | NS      | $891381.69    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp      | Carpenter Technology | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |       101 | NS      | $24799.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc/De | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      2416 | NS      | $165302.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc          | CUSTOMERS BANCORP IN | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |      2627 | NS      | $171726.99    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc            | Delta Air Lines      | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      2077 | NS      | $117869.75    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave Inc                       | Dave Inc.            | CUSIP: 23834J201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       113 | NS      | $22526.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                    | Dropbox Inc          | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |      1439 | NS      | $43472.19     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The   | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      2352 | NS      | $269304.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc         | Dolby Laboratories I | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |       539 | NS      | $39007.43     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dodge & Cox Income Fund        | Dodge & Cox Income   | CUSIP: 256210105<br>LEI: 5493009DXXXVQJ40VE42 | Long             |  | RF                | US        |    815079 | NS      | $10449315.81  | 6.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp              | Devon Energy Corp    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      3907 | NS      | $136979.42    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc           | Dycom Industries Inc | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |       216 | NS      | $63020.16     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc            | Electronic Arts Inc  | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |       688 | NS      | $138769.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International Inc      | Brinker Internationa | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |       529 | NS      | $67013.72     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc        | Consolidated Edison  | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |       682 | NS      | $68554.64     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp          | Encompass Health     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |       586 | NS      | $74433.72     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc            | Elevance Health, Inc | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       434 | NS      | $140234.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares J.P. Morgan USD Emergi | iShares JP Morgan    | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             | EC               | RF                | US        |    118555 | NS      | $11285250.45  | 7.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                        | EnerSys              | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |       335 | NS      | $37841.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc/The           | ENSIGN GROUP INC     | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |       486 | NS      | $83966.22     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC       | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |      1176 | NS      | $440118.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EverQuote Inc                  | Everquote Inc        | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       179 | NS      | $4093.73      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | S&P Mid Cap Futures  | CUSIP: FAZ500000<br>LEI: N/A                  | N/A              | DE               |  | US        |         2 | NC      | $-4187.38     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Total Bond Fund       | Fidelity Total Bond  | CUSIP: 31617L798<br>LEI: 52O386XUF1CQJ82UNB64 | Long             |  | RF                | US        |   2486600 | NS      | $24070289.46  | 14.93%            |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc         | FirstCash Holdings   | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       216 | NS      | $34218.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      1218 | NS      | $47769.96     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | Fedex Corp.          | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |       175 | NS      | $41266.75     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Frost Total Return Bond Fund   | Frost Total Return   | CUSIP: 359246857<br>LEI: 5493003W0I0MNZ4A3J35 | Long             | EC               | RF                | US        |    653790 | NS      | $6394068.93   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Advisor Capital & Inc | Fidelity Advisor     | CUSIP: 315806802<br>LEI: EFPYCOBHJL5FFG1PYD40 | Long             |  | RF                | US        |    867601 | NS      | $10194313.72  | 6.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc        | Comfort Systems USA  | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |        87 | NS      | $71790.66     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Cor | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      1858 | NS      | $633578.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova LLC       | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |        81 | NS      | $49806.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc  | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      4022 | NS      | $446442.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning, Inc.        | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |       941 | NS      | $77190.23     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc           | Generac Holdings Inc | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |        49 | NS      | $8202.60      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc         | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7190 | NS      | $1751124.50   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries  | Huntington Ingalls I | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |        50 | NS      | $14395.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc          | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       747 | NS      | $321441.57    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 7-10 Year Treasury Bon | iShares 7-10 Year    | CUSIP: 464287440<br>LEI: 549300XS1PPZG92M8L16 | Long             |  | RF                | US        |     93766 | NS      | $9044668.36   | 5.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International | Johnson Controls Int | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |       933 | NS      | $102583.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc        | Kodiak Gas Services  | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2038 | NS      | $75344.86     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                  | Kroger Co            | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |       847 | NS      | $57096.27     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                      | Lear Corp            | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |       369 | NS      | $37125.09     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       396 | NS      | $302148.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp           | Lockheed Martin      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       734 | NS      | $366420.14    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc     | GRAND CANYON ED INC  | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |        57 | NS      | $12512.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Companies     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       386 | NS      | $97005.66     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co          | Southwest Airlines   | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |       347 | NS      | $11072.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | MasterCard, Inc.     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1303 | NS      | $741159.43    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Meeder Government Money Market | Meeder Government    | CUSIP: 58510R614<br>LEI: 549300F3GL1EV405WQ45 | Long             |  | RF                | US        |  17855140 | PA      | $17855140.42  | 11.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Mini MSCI Emg Mkt    | CUSIP: MESZ50000<br>LEI: N/A                  | N/A              | DE               |  | US        |        28 | NC      | $11708.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc   | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1966 | NS      | $1443791.08   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Mini MSCI EAFE       | CUSIP: MFSZ50000<br>LEI: N/A                  | N/A              | DE               |  | US        |        56 | NC      | $-3995.04     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc          | Molina Healthcare In | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |       403 | NS      | $77118.08     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                | Morningstar Inc      | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      1263 | NS      | $293028.63    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Sys | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       328 | NS      | $301969.92    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      6653 | NS      | $3445921.35   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology In | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      1821 | NS      | $304689.72    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Mining Corp. | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      2047 | NS      | $172582.57    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      1619 | NS      | $149547.03    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Cor | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       594 | NS      | $361936.08    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                     | Network Appliance    | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       114 | NS      | $13504.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp            | Northern Trust Corp. | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |       840 | NS      | $113064.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                     | Nucor Corp           | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |       775 | NS      | $104958.25    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     14665 | NS      | $2736195.70   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                 | Nextracker Inc       | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       289 | NS      | $21383.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp          | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      1778 | NS      | $500044.72    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive  | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2021 | NS      | $217884.01    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                     | Paccar Inc           | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |        68 | NS      | $6685.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America      | Packaging Corp of Am | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       454 | NS      | $98940.22     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                 | Photronics Inc       | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |      7073 | NS      | $162325.35    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PrimeEnergy Resources Corp     | PrimeEnergy Resource | CUSIP: 74158E104<br>LEI: 9QMD37QNHRX1B7685Y44 | Long             | EC               | CORP              | US        |        59 | NS      | $9854.77      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc              | PROG Holdings Inc    | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |       136 | NS      | $4400.96      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp         | Primoris Svcs Corp   | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |       691 | NS      | $94895.03     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Solutions International  | Power Solutions Int. | CUSIP: 73933G202<br>LEI: 549300JWGWDXC70SNH31 | Long             | EC               | CORP              | US        |       103 | NS      | $10116.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc               | PURE STORAGE INC CL  | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |       350 | NS      | $29333.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM, Inc.       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      2522 | NS      | $419559.92    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp                  | Ralliant Corp.       | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       354 | NS      | $15480.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceut | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |       142 | NS      | $79842.34     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                 | Royal Gold Inc       | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |       629 | NS      | $126164.82    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp              | Ralph Lauren Corp    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       109 | NS      | $34178.04     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc        | Rockwell Automation  | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       265 | NS      | $92625.45     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc         | Roper Industries     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |       593 | NS      | $295723.17    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp             | Regal Rexnord Corp   | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |       258 | NS      | $37007.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | Russell 2000 Futures | CUSIP: RTYZ50000<br>LEI: N/A                  | N/A              | DE               |  | US        |        14 | NC      | $21339.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers      | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |       480 | NS      | $52224.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                    | SkyWest Inc          | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |       233 | NS      | $23444.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                   | SM Energy Co         | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      1420 | NS      | $35457.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc       | Simon Property Group | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             |  | CORP              | US        |      2006 | NS      | $376466.02    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding P | Sensata Technologies | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | US        |       887 | NS      | $27097.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C | Stewart Information  | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |        56 | NS      | $4105.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc             | Steel Dynamics Inc   | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |       573 | NS      | $79893.39     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp              | State Street Corp.   | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      5396 | NS      | $625989.96    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc            | Sun Communities Inc  | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             |  | CORP              | US        |      1687 | NS      | $217623.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc         | Skyworks Solutions   | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |      1019 | NS      | $78442.62     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial            | Synchrony Financial  | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      2171 | NS      | $154249.55    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc          | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1604 | NS      | $231842.16    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Corp Ltd                | Teekay Corp          | CUSIP: G8726T105<br>LEI: YHKQM2RIPKZYOZ6RVZ46 | Long             | EC               | CORP              | US        |       215 | NS      | $1758.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 20+ Year Treasury Bond | iShares Barclays 20+ | CUSIP: 464287432<br>LEI: 549300WWURKS1JGBZU59 | Long             |  | RF                | US        |    126059 | NS      | $11265892.83  | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                   | Tapestry Inc         | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |       992 | NS      | $112314.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       342 | NS      | $152094.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies   | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |       492 | NS      | $207604.32    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc           | TTM Technologies Inc | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |        49 | NS      | $2822.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments In | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      2642 | NS      | $485414.66    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc            | Texas Roadhouse Inc  | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1235 | NS      | $205195.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                    | Textron Inc          | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |       483 | NS      | $40808.67     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc   | United Airlines Hold | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      2826 | NS      | $272709.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc  | Universal Health Ser | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |       196 | NS      | $40070.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubiquiti Inc                   | Ubiquiti Inc         | CUSIP: 90353W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        88 | NS      | $58131.04     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group I | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       659 | NS      | $227552.70    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp             | Union Pacific Corp.  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      3558 | NS      | $841004.46    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals  | UNITED STATES LIME & | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |         9 | NS      | $1183.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc         | Valmont Industries I | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |        47 | NS      | $18223.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communicatio | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      3380 | NS      | $148551.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica BanCorp            | Westamerica Bancorp  | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |       172 | NS      | $8598.28      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC  | Weatherford Internat | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |       144 | NS      | $9853.92      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc       | Winnebago Industries | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |        50 | NS      | $1672.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       505 | NS      | $31991.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                | XCEL Energy Inc.     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |      1637 | NS      | $132024.05    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      1160 | NS      | $130790.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                | Yum Brands Inc       | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      1807 | NS      | $274664.00    | 0.17%             |  |  |  | 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