# EDGAR Filing Document

**Accession Number:** 0001039803
**File Stem:** 0001752724-23-041212
**Filing Date:** 2023-2
**Character Count:** 22640
**Document Hash:** 4f8aa9dc13fdee2e18fbe9d3affec62a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041212.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041212

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ProFunds
- **CENTRAL INDEX KEY:** 0001039803
- **IRS NUMBER:** 522035197
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08239
- **FILM NUMBER:** 23671004

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

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

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

## Series and Classes Contracts Data

### PROFUND VP TELECOMMUNICATIONS (Series ID: S000003980)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000011107 | PROFUND VP TELECOMMUNICATIONS |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Bethesda

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20814

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

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

- **a. Name of Series:** ProFund VP Telecommunications

- **b. EDGAR series identifier (if any):** S000003980

- **c. LEI of Series:** ZLTWM8QV48U455OBJ418

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $3876187.97

**Total Liabilities:** $11281.54

**Net Assets:** $3864906.43

**Cash Not Reported:** $515.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011107 | 10.02%               | 3.48%                | -3.79%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-10237.82               | $349864.50                                 |
| Month 2  | $607.22                  | $139385.66                                 |
| Month 3  | $6988.35                 | $-159521.13                                |

**Designated Index Information**

- **Index Name:** Dow Jones U.S. Select Telecommunications Index

- **Index Identifier:** DJSTEL

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CANADIAN IMPERIAL BANK                        | CANADIAN IMPERIAL BANK                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |      1000 | PA      | $1000.00      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| UBIQUITI INC.                                 | UBIQUITI INC                                                                            | CUSIP: 90353W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        66 | NS      | $18052.98     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY LATIN AMERICA LTD.                    | LIBERTY LILAC GROUP CLASS C                                                             | CUSIP: G9001E128<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | BM        |      2274 | NS      | $17282.40     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield, Inc.                              | CLEARFIELD INC                                                                          | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |       179 | NS      | $16851.06     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                              | SOCIETE GENERALE                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |      9000 | PA      | $9000.00      | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS, INC.                      | MOTOROLA SOLUTIONS INC                                                                  | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       649 | NS      | $167253.79    | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC SECURITIES USA INC                       | HSBC SECURITIES USA INC                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |      1000 | PA      | $1000.00      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| RIBBON COMMUNICATIONS OPERATING COMPANY, INC. | RIBBON COMMUNICATIONS INC                                                               | CUSIP: 762544104<br>LEI: 549300M0UOU0W0ML4O74 | Long             | EC               | CORP              | US        |      1391 | NS      | $3880.89      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN HOLDINGS, INC.                         | ADTRAN HOLDINGS INC                                                                     | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |      1104 | NS      | $20744.16     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CIENA CORPORATION                             | CIENA CORP                                                                              | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |      2314 | NS      | $117967.72    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONIC INC.                                 | HARMONIC INC                                                                            | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |      1645 | NS      | $21549.50     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS, INC.                           | CISCO SYSTEMS INC                                                                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     17967 | NS      | $855947.88    | 22.15%            |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE AND DATA SYSTEMS, INC.              | TELEPHONE DATA SYSTEMS INC                                                              | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1558 | NS      | $16343.42     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSCOUT SYSTEMS, INC.                        | NETSCOUT SYSTEMS INC                                                                    | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |      1072 | NS      | $34850.72     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES CELLULAR CORPORATION            | US CELLULAR CORPORATION                                                                 | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |       219 | NS      | $4566.15      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US, INC.                             | T MOBILE US INC                                                                         | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1164 | NS      | $162960.00    | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                   | VERIZON COMMUNICATIONS                                                                  | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     22572 | NS      | $889336.80    | 23.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Anterix Inc                                   | ANTERIX INC                                                                             | CUSIP: 03676C100<br>LEI: 549300QIX2QHFGIEQG40 | Long             | EC               | CORP              | US        |       295 | NS      | $9490.15      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY GLOBAL PLC                            | LIBERTY GLOBAL PLC A                                                                    | CUSIP: G5480U104<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |      2683 | NS      | $50789.19     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FRONTIER COMMUNICATIONS PARENT, INC.          | FRONTIER COMMUNICATIONS PARENT INC                                                      | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3482 | NS      | $88721.36     | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd.                                   | GARMIN LTD                                                                              | CUSIP: H2906T109<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      1835 | NS      | $169352.15    | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINANCIAL CORP                            | UMB FINANCIAL CORP                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |      3000 | PA      | $3000.00      | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMSCOPE HOLDING COMPANY, INC.               | COMMSCOPE HOLDING CO INC                                                                | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |      3253 | NS      | $23909.55     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTREME NETWORKS, INC.                        | EXTREME NETWORKS INC                                                                    | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |      2051 | NS      | $37553.81     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| VIAVI SOLUTIONS INC.                          | VIAVI SOLUTIONS INC                                                                     | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |      3534 | NS      | $37142.34     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS, INC.                         | ARISTA NETWORKS INC                                                                     | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      1366 | NS      | $165764.10    | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| INSEEGO CORP.                                 | INSEEGO CORP                                                                            | CUSIP: 45782B104<br>LEI: 549300E27VG1NWGNA141 | Long             | EC               | CORP              | US        |      1263 | NS      | $1064.08      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ATN INTERNATIONAL, INC.                       | ATN INTERNATIONAL INC                                                                   | CUSIP: 00215F107<br>LEI: 54930013NP7VEU877V56 | Long             | EC               | CORP              | US        |       167 | NS      | $7566.77      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY LATIN AMERICA LTD.                    | LIBERTY LILAC GROUP CLASS A                                                             | CUSIP: G9001E102<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | BM        |       583 | NS      | $4389.99      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ECHOSTAR CORPORATION                          | ECHOSTAR CORP A                                                                         | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |       553 | NS      | $9224.04      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| LUMEN TECHNOLOGIES, INC.                      | LUMEN TECHNOLOGIES INC                                                                  | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |     14865 | NS      | $77595.30     | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VIASAT, INC.                                  | VIASAT INC                                                                              | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |      1181 | NS      | $37378.65     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications Company         | SHENANDOAH TELECOMMUNICATIONS                                                           | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |       782 | NS      | $12418.16     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALSTAR, INC.                              | GLOBALSTAR INC                                                                          | CUSIP: 378973408<br>LEI: 549300NEX8I0MSOW0R64 | Long             | EC               | CORP              | US        |     10967 | NS      | $14586.11     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COMTECH TELECOMMUNICATIONS CORP.              | COMTECH TELECOMMUNICATIONS                                                              | CUSIP: 205826209<br>LEI: 529900FTEZ8MGM0Y8F73 | Long             | EC               | CORP              | US        |       432 | NS      | $5244.48      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY GLOBAL PLC                            | LIBERTY GLOBAL PLC SERIES C                                                             | CUSIP: G5480U120<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |      3991 | NS      | $77545.13     | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA                          | ROYAL BANK OF CANADA                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |      4000 | PA      | $4000.00      | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| IRIDIUM COMMUNICATIONS INC.                   | IRIDIUM COMMUNICATIONS INC                                                              | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |      1963 | NS      | $100898.20    | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| JUNIPER NETWORKS, INC.                        | JUNIPER NETWORKS INC                                                                    | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |      5069 | NS      | $162005.24    | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR, INC.                                 | NETGEAR INC                                                                             | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |       451 | NS      | $8167.61      | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| F5, INC.                                      | F5 Inc                                                                                  | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |       935 | NS      | $134181.85    | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIUS GLOBAL INFRASTRUCTURE, INC.            | RADIUS GLOBAL INFRASTRUCTURE INC                                                        | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |      1190 | NS      | $14065.80     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LUMENTUM HOLDINGS INC.                        | LUMENTUM HOLDINGS INC                                                                   | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      1065 | NS      | $55561.05     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT AGRICOLE CIB NY                        | CREDIT AGRICOLE CIB NY                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |      6000 | PA      | $6000.00      | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS HOLDINGS, INC.    | CONSOLIDATED COMMUNICATIONS                                                             | CUSIP: 209034107<br>LEI: 529900F6S64KOO8CXH48 | Long             | EC               | CORP              | US        |      1154 | NS      | $4131.32      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTAL RETURN SWAP AGREEMENT BASED ON THE      | TOTAL RETURN SWAP AGREEMENT BASED ON THE DOW JONES U.S. SELECT TELECOMMUNICATIONS INDEX | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        12 | OU      | $226.90       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| IDT CORPORATION                               | IDT CORP                                                                                | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |       317 | NS      | $8929.89      | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGI INTERNATIONAL INC.                       | DIGI INTERNATIONAL INC                                                                  | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |       551 | NS      | $20139.05     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                     | AT T INC                                                                                | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      8970 | NS      | $165137.70    | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** ProFunds

**Signature:** Denise Lewis

**Name of Signer:** Denise Lewis

**Title:** Treasurer and Principal Financial Officer