# EDGAR Filing Document

**Accession Number:** 0001039803
**File Stem:** 0001752724-23-041206
**Filing Date:** 2023-2
**Character Count:** 24292
**Document Hash:** dfacf617b12d07fc9810f67c5579ad41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041206.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041206

**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:** 23670997

**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 UTILITIES (Series ID: S000003981)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000011108 | PROFUND VP UTILITIES |  |

## 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 Utilities

- **b. EDGAR series identifier (if any):** S000003981

- **c. LEI of Series:** 549300XY1N0I62W3NC40

**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:** $38698096.24

**Total Liabilities:** $103449.03

**Net Assets:** $38594647.21

**Cash Not Reported:** $220889.77

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011108 | 2.35%                | 6.87%                | -0.81%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-330713.47              | $1144390.44                                |
| Month 2  | $-2108.73                | $2343508.01                                |
| Month 3  | $-67960.31               | $-314394.25                                |

**Designated Index Information**

- **Index Name:** Dow Jones U.S. Utilities Index

- **Index Identifier:** DJUSUT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WEC ENERGY GROUP, INC.                       | WEC ENERGY GROUP                                                        | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     10791 | NS      | $1011764.16   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, INC.                                | IDACORP INC                                                             | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      1729 | NS      | $186472.65    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA                         | ROYAL BANK OF CANADA                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     65000 | PA      | $65000.00     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA CORP.                                 | VISTRA CORP                                                             | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     12787 | NS      | $296658.40    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL FUEL GAS COMPANY                    | NATIONAL FUEL GAS                                                       | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      3128 | NS      | $198002.40    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT AGRICOLE CIB NY                       | CREDIT AGRICOLE CIB NY                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    100000 | PA      | $100000.00    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| THE AES CORPORATION                          | AES CORP                                                                | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |     22843 | NS      | $656964.68    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMPANY            | PORTLAND GENERAL ELECTRIC CO                                            | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |      3053 | NS      | $149597.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AVISTA CORPORATION                           | AVISTA CORP                                                             | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |      2523 | NS      | $111869.82    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTAL RETURN SWAP AGREEMENT BASED ON THE     | TOTAL RETURN SWAP AGREEMENT BASED ON THE DOW JONES U.S. UTILITIES INDEX | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1975 | OU      | $-727.51      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Essential Utilities, Inc.                    | ESSENTIAL UTILITIES INC                                                 | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |      8163 | NS      | $389619.99    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                         | EDISON INTERNATIONAL                                                    | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     13059 | NS      | $830813.58    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORPORATION                       | CMS ENERGY CORP                                                         | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      9929 | NS      | $628803.57    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                           | EXELON COPORATION                                                       | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     33988 | NS      | $1469301.24   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINANCIAL CORP                           | UMB FINANCIAL CORP                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     16000 | PA      | $16000.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED | PUBLIC SERVICE ENTERPRISE GROUP INC                                     | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     17065 | NS      | $1045572.55   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORPORATION.            | CONSTELLATION ENERGY CORP                                               | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     11187 | NS      | $964431.27    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN IMPERIAL BANK                       | CANADIAN IMPERIAL BANK                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     18000 | PA      | $18000.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL CORPORATION            | PINNACLE WEST CAPITAL                                                   | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      3869 | NS      | $294198.76    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                           | AMEREN CORP                                                             | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |      8841 | NS      | $786141.72    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWAY ENERGY, INC.                        | CLEARWAY ENERGY INC C                                                   | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      2811 | NS      | $89586.57     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWESTERN CORPORATION                     | NORTHWESTERN CORP                                                       | CUSIP: 668074305<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | EC               | CORP              | US        |      1976 | NS      | $117255.84    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWAY ENERGY, INC.                        | CLEARWAY ENERGY INC A                                                   | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      1183 | NS      | $35395.36     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI CORPORATION                              | UGI CORP                                                                | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      7160 | NS      | $265421.20    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.        | AMERICAN ELECTRIC POWER INC                                             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     17568 | NS      | $1668081.60   | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                            | EVERSOURCE ENERGY                                                       | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     11916 | NS      | $999037.44    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORPORATION                      | DUKE ENERGY CORP                                                        | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     26335 | NS      | $2712241.65   | 7.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORPORATION                              | PP L CORPORATION                                                        | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     25176 | NS      | $735642.72    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORPORATION                     | ATMOS ENERGY CORP                                                       | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      4784 | NS      | $536142.88    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE GAS, INC.                                | ONE GAS INC                                                             | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |      1852 | NS      | $140233.44    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                 | EVERGY INC                                                              | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      7850 | NS      | $494000.50    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HAWAIIAN ELECTRIC INDUSTRIES, INC.           | HAWAIIAN ELECTRIC INDS                                                  | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |      3744 | NS      | $156686.40    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC.                                | NISOURCE INC                                                            | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     13894 | NS      | $380973.48    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc.                             | XCEL ENERGY INC                                                         | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     18715 | NS      | $1312108.65   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE, INC.                                 | ALLETE INC                                                              | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |      1955 | NS      | $126117.05    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY, INC.                         | NEXTERA ENERGY INC                                                      | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67974 | NS      | $5682626.40   | 14.72%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY RESOURCES CORPORATION             | NEW JERSEY RESOURCES                                                    | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |      3291 | NS      | $163299.42    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON, INC.                    | CONSOLIDATED EDISON                                                     | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     12136 | NS      | $1156682.16   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PNM RESOURCES, INC.                          | PNM RESOURCES INC                                                       | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |      2935 | NS      | $143198.65    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WATER WORKS COMPANY, INC.           | AMERICAN WATER WORKS CO INC                                             | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      6218 | NS      | $947747.56    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                             | SOCIETE GENERALE                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |    132000 | PA      | $132000.00    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY CORPORATION                   | ALLIANT ENERGY CORP                                                     | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      8584 | NS      | $473922.64    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA ENERGY                                | SEMPRA ENERGY                                                           | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     10750 | NS      | $1661305.00   | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SOUTHERN COMPANY                         | SOUTHERN CO                                                             | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     37236 | NS      | $2659022.76   | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                          | ENTERGY CORP                                                            | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      6959 | NS      | $782887.50    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc.                                   | SPIRE INC                                                               | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      1795 | NS      | $123603.70    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANGRID, INC.                               | AVANGRID INC                                                            | CUSIP: 05351W103<br>LEI: 549300OX0Q38NLSKPB49 | Long             | EC               | CORP              | US        |      2380 | NS      | $102292.40    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                        | DOMINION ENERGY INC                                                     | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     28501 | NS      | $1747681.32   | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY, INC.                     | CENTERPOINT ENERGY INC                                                  | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     21529 | NS      | $645654.71    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY COMPANY                           | DTE ENERGY CO                                                           | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      6626 | NS      | $778753.78    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                            | FIRSTENERGY CORP                                                        | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     18582 | NS      | $779329.08    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST GAS HOLDINGS, INC.                 | SOUTHWEST GAS HOLDINGS INC                                              | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2110 | NS      | $130566.80    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORPORATION                             | PG E CORP                                                               | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     55060 | NS      | $895275.60    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORPORATION                      | BLACK HILLS CORP                                                        | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      2226 | NS      | $156576.84    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY, INC.                             | NRG ENERGY INC                                                          | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      7879 | NS      | $250709.78    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC SECURITIES USA INC                      | HSBC SECURITIES USA INC                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |     23000 | PA      | $23000.00     | 0.06%             |  |  |  | No            |                  2 | 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