NPORT-EX 2 Geared_Book_8.31_Part_F.htm PART F
AUGUST
31,
2024
(Unaudited)
::
SHORT
7-10
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
1
TBX
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
85
.0
%
Repurchase
Agreements
(a)
—
85
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$10,386,691
(Cost
$10,380,594)
$
10,380,594
$
10,380,594
Total
Investments
—
85.0%
(Cost
$10,380,594)
10,380,594
Other
assets
less
liabilities
—
15.0%
1,825,437
Net
Assets
—
100.0%
$
12,206,031
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Futures
Contracts
Sold
Short
7-10
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
10
Year
Note
3
12/19/2024
U.S.
Dollar
$
340,547
$
1,120
Swap
Agreements
Short
7-10
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
(2,257,684)
11/6/2024
Bank
of
America
NA
(5.00)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
146,220
(6,424,216)
1/14/2025
Citibank
NA
(5.02)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
56,966
(3,237,400)
1/14/2025
Goldman
Sachs
International
(5.18)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
31,385
(11,919,300)
234,571
Total
Unrealized
Appreciation
234,571
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
20+
YEAR
TREASURY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
2
TBF
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
96
.9
%
Repurchase
Agreements
(a)
—
26
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$18,769,170
(Cost
$18,758,154)
$
18,758,154
$
18,758,154
U.S.
Treasury
Obligations
(b)
—
70
.2
%
U.S.
Treasury
Bills
5.26%,
12/19/2024
(c)                                                                            
(Cost
$49,223,375)
50,000,000
49,279,236
Total
Short-Term
Investments
(Cost
$67,981,529)
68,037,390
Total
Investments
—
96.9%
(Cost
$67,981,529)
68,037,390
Other
assets
less
liabilities
—
3.1%
2,206,384
Net
Assets
—
100.0%
$
70,243,774
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$11,057,115.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
Short
20+
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
Long
Bond
15
12/19/2024
U.S.
Dollar
$
1,842,656
$
20,597
Swap
Agreements
Short
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(10,634,952)
12/10/2024
Bank
of
America
NA
(5.13)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,029,486
)
(3,816,987)
11/6/2024
Barclays
Capital
(5.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,252,729
)
(13,666,241)
11/6/2024
Citibank
NA
(5.03)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
5,144,339
)
(5,785,208)
12/10/2024
Goldman
Sachs
International
(5.05)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
557,426
)
(20,443,360)
11/6/2024
Morgan
Stanley
&
Co.
International
plc
(5.21)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
318,148
)
(14,100,829)
11/6/2024
Societe
Generale
(5.12)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
5,636,480
(68,447,577)
(
2,665,648
)
Total
Unrealized
Appreciation
5,636,480
Total
Unrealized
Depreciation
(
8,302,128
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
SHORT
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
3
DOG
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
120
.1
%
Repurchase
Agreements
(a)
—
28
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$47,043,960
(Cost
$47,016,350)
$
47,016,350
$
47,016,350
U.S.
Treasury
Obligations
(b)
—
91
.2
%
U.S.
Treasury
Bills
5.28%,
10/10/2024
(c)
25,000,000
24,868,187
5.22%,
11/12/2024
(c)
25,000,000
24,757,674
5.01%,
12/5/2024
(c)
100,000,000
98,736,750
Total
U.S.
Treasury
Obligations
(Cost
$148,299,915)
148,362,611
Total
Short-Term
Investments
(Cost
$195,316,265)
195,378,961
Total
Investments
—
120.1%
(Cost
$195,316,265)
195,378,961
Liabilities
in
excess
of
other
assets
—
(20.1%)
(
32,660,108
)
Net
Assets
—
100.0%
$
162,718,853
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$40,635,755.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
Short
Dow30
SM
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
DJIA
CBOT
E-Mini
Index
55
9/20/2024
U.S.
Dollar
$
11,454,575
$
(
283,108
)
Swap
Agreements
Short
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(17,996,814)
3/6/2025
Bank
of
America
NA
(5.83)%
Dow
Jones
Industrial
Average
SM
(
3,766,634
)
(16,749,921)
11/6/2025
Barclays
Capital
(5.73)%
Dow
Jones
Industrial
Average
SM
(
3,184,747
)
(8,520,431)
2/11/2025
BNP
Paribas
SA
(5.63)%
Dow
Jones
Industrial
Average
SM
(
4,542,492
)
(10,432,333)
3/6/2025
Citibank
NA
(5.88)%
Dow
Jones
Industrial
Average
SM
(
4,805,572
)
(19,659,337)
11/7/2024
Goldman
Sachs
International
(5.83)%
Dow
Jones
Industrial
Average
SM
(
3,950,324
)
(40,607,129)
11/14/2024
Societe
Generale
(5.88)%
Dow
Jones
Industrial
Average
SM
(
6,161,859
)
(37,236,447)
11/7/2024
UBS
AG
(5.73)%
Dow
Jones
Industrial
Average
SM
(
7,008,409
)
(151,202,412)
(
33,420,037
)
Total
Unrealized
Depreciation
(
33,420,037
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
FINANCIALS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
4
SEF
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
101
.0
%
Repurchase
Agreements
(a)
—
93
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$11,742,682
(Cost
$11,735,790)
$
11,735,790
$
11,735,790
U.S.
Treasury
Obligations
(b)
—
7
.8
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)                                                                            
(Cost
$991,517)
1,000,000
991,848
Total
Short-Term
Investments
(Cost
$12,727,307)
12,727,638
Total
Investments
—
101.0%
(Cost
$12,727,307)
12,727,638
Liabilities
in
excess
of
other
assets
—
(1.0%)
(
130,925
)
Net
Assets
—
100.0%
$
12,596,713
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$708,119.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Short
Financials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,328,090)
3/6/2025
Bank
of
America
NA
(5.43)%
S&P
Financial
Select
Sector
Index
c
(
1,221,807
)
(2,730,463)
3/6/2026
Barclays
Capital
(5.83)%
S&P
Financial
Select
Sector
Index
c
(
264,933
)
(1,561,069)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Financial
Select
Sector
Index
c
(
184,107
)
(2,252,688)
4/7/2025
Citibank
NA
(5.53)%
S&P
Financial
Select
Sector
Index
c
(
289,931
)
(1,212,164)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Financial
Select
Sector
Index
c
(
294,122
)
(1,489,036)
3/6/2026
Societe
Generale
(5.83)%
S&P
Financial
Select
Sector
Index
c
(
126,251
)
(2,020,835)
1/26/2026
UBS
AG
(5.63)%
S&P
Financial
Select
Sector
Index
c
(
184,768
)
(12,594,345)
(
2,565,919
)
Total
Unrealized
Depreciation
(
2,565,919
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Financials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
SHORT
FTSE
CHINA
50
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
5
YXI
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
95
.8
%
Repurchase
Agreements
(a)
—
59
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$4,084,904
(Cost
$4,082,506)
$
4,082,506
$
4,082,506
U.S.
Treasury
Obligations
(b)
—
36
.1
%
U.S.
Treasury
Bills
5.19%,
11/19/2024
(c)                                                                            
(Cost
$2,471,993)
2,500,000
2,473,371
Total
Short-Term
Investments
(Cost
$6,554,499)
6,555,877
Total
Investments
—
95.8%
(Cost
$6,554,499)
6,555,877
Other
assets
less
liabilities
—
4.2%
285,552
Net
Assets
—
100.0%
$
6,841,429
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,577,021.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Short
FTSE
China
50
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(990,771)
11/14/2024
Bank
of
America
NA
(3.83)%
iShares
®
China
Large-Cap
ETF
82,324
(442,740)
11/14/2024
Citibank
NA
(2.58)%
iShares
®
China
Large-Cap
ETF
202,078
(2,968,330)
3/6/2025
Goldman
Sachs
International
(4.83)%
iShares
®
China
Large-Cap
ETF
(
284,050
)
(2,418,042)
11/14/2024
Societe
Generale
(4.78)%
iShares
®
China
Large-Cap
ETF
(
183,655
)
(31,667)
11/14/2024
UBS
AG
(5.43)%
iShares
®
China
Large-Cap
ETF
468,275
(6,851,550)
284,972
Total
Unrealized
Appreciation
752,677
Total
Unrealized
Depreciation
(
467,705
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
HIGH
YIELD
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
6
SJB
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
115
.1
%
Repurchase
Agreements
(a)
—
34
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$32,310,278
(Cost
$32,291,312)
$
32,291,312
$
32,291,312
U.S.
Treasury
Obligations
(b)
—
80
.3
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
50,000,000
49,883,889
5.28%,
11/21/2024
(c)
25,000,000
24,726,517
Total
U.S.
Treasury
Obligations
(Cost
$74,583,438)
74,610,406
Total
Short-Term
Investments
(Cost
$106,874,750)
106,901,718
Total
Investments
—
115.1%
(Cost
$106,874,750)
106,901,718
Liabilities
in
excess
of
other
assets
—
(15.1%)
(
14,034,646
)
Net
Assets
—
100.0%
$
92,867,072
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$24,271,963.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Short
High
Yield
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(16,075,529)
3/6/2026
BNP
Paribas
SA
(3.33)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
(
677,140
)
(62,293,815)
3/6/2025
Citibank
NA
(2.58)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
(
13,750,530
)
(8,087,926)
11/7/2024
Goldman
Sachs
International
(2.33)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
(
911,064
)
(6,572,124)
1/26/2026
UBS
AG
(5.63)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
(
213,544
)
(93,029,394)
(
15,552,278
)
Total
Unrealized
Depreciation
(
15,552,278
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
SHORT
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
7
MYY
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
106
.9
%
Repurchase
Agreements
(a)
—
72
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$6,301,451
(Cost
$6,297,753)
$
6,297,753
$
6,297,753
U.S.
Treasury
Obligations
(b)
—
34
.2
%
U.S.
Treasury
Bills
5.19%,
11/14/2024
(c)                                                                            
(Cost
$2,968,550)
3,000,000
2,970,060
Total
Short-Term
Investments
(Cost
$9,266,303)
9,267,813
Total
Investments
—
106.9%
(Cost
$9,266,303)
9,267,813
Liabilities
in
excess
of
other
assets
—
(6.9%)
(
602,157
)
Net
Assets
—
100.0%
$
8,665,656
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$878,121.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
Short
MidCap400
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
Midcap
400
E-Mini
Index
2
9/20/2024
U.S.
Dollar
$
619,620
$
(
25,934
)
Swap
Agreements
Short
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,725,068)
2/11/2025
Bank
of
America
NA
(5.68)%
S&P
MidCap
400
®
(
847,689
)
(2,661,799)
2/11/2025
BNP
Paribas
SA
(5.53)%
S&P
MidCap
400
®
(
417,249
)
(1,755,983)
3/6/2025
Citibank
NA
(5.48)%
S&P
MidCap
400
®
(
462,618
)
(571,931)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.68)%
S&P
MidCap
400
®
(
29,809
)
(1,329,354)
11/14/2024
Societe
Generale
(5.51)%
S&P
MidCap
400
®
(
30,875
)
(8,044,135)
(
1,788,240
)
Total
Unrealized
Depreciation
(
1,788,240
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
MSCI
EAFE
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
8
EFZ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
135
.8
%
Repurchase
Agreements
(a)
—
43
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$7,000,475
(Cost
$6,996,364)
$
6,996,364
$
6,996,364
U.S.
Treasury
Obligations
(b)
—
92
.1
%
U.S.
Treasury
Bills
5.25%,
12/26/2024
(c)                                                                            
(Cost
$14,752,896)
15,000,000
14,769,791
Total
Short-Term
Investments
(Cost
$21,749,260)
21,766,155
Total
Investments
—
135.8%
(Cost
$21,749,260)
21,766,155
Liabilities
in
excess
of
other
assets
—
(35.8%)
(
5,741,466
)
Net
Assets
—
100.0%
$
16,024,689
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,081,825.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Short
MSCI
EAFE
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(2,952,196)
11/14/2024
Citibank
NA
(4.93)%
iShares
®
MSCI
EAFE
ETF
(
690,197
)
(5,105,012)
3/6/2025
Goldman
Sachs
International
(5.18)%
iShares
®
MSCI
EAFE
ETF
(
2,768,364
)
(2,940,514)
11/14/2024
Societe
Generale
(4.68)%
iShares
®
MSCI
EAFE
ETF
(
2,520,822
)
(4,991,530)
3/6/2025
UBS
AG
(5.23)%
iShares
®
MSCI
EAFE
ETF
(
2,515,892
)
(15,989,252)
(
8,495,275
)
Total
Unrealized
Depreciation
(
8,495,275
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
SHORT
MSCI
EMERGING
MARKETS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
9
EUM
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.0
%
Repurchase
Agreements
(a)
—
83
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$11,110,884
(Cost
$11,104,363)
$
11,104,363
$
11,104,363
U.S.
Treasury
Obligations
(b)
—
7
.5
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)                                                                            
(Cost
$991,517)
1,000,000
991,848
Total
Short-Term
Investments
(Cost
$12,095,880)
12,096,211
Total
Investments
—
91.0%
(Cost
$12,095,880)
12,096,211
Other
assets
less
liabilities
—
9.0%
1,198,384
Net
Assets
—
100.0%
$
13,294,595
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$447,285.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Short
MSCI
Emerging
Markets
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(7,425,865)
3/6/2025
Bank
of
America
NA
(4.53)%
iShares
®
MSCI
Emerging
Markets
ETF
(
381,502
)
(1,018,456)
11/14/2024
Citibank
NA
(4.78)%
iShares
®
MSCI
Emerging
Markets
ETF
(
167,227
)
(2,048,279)
3/6/2025
Goldman
Sachs
International
(4.98)%
iShares
®
MSCI
Emerging
Markets
ETF
(
165,056
)
(530,825)
11/14/2024
Morgan
Stanley
&
Co.
International
plc
(5.13)%
iShares
®
MSCI
Emerging
Markets
ETF
(
32,684
)
(1,461,758)
11/14/2024
Societe
Generale
(4.73)%
iShares
®
MSCI
Emerging
Markets
ETF
(
870,491
)
(793,396)
3/6/2025
UBS
AG
(5.23)%
iShares
®
MSCI
Emerging
Markets
ETF
(
22,055
)
(13,278,579)
(
1,639,015
)
Total
Unrealized
Depreciation
(
1,639,015
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
QQQ
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
10
PSQ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
139
.3
%
Repurchase
Agreements
(a)
—
36
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$242,204,204
(Cost
$242,062,041)
$
242,062,041
$
242,062,041
U.S.
Treasury
Obligations
(b)
—
103
.3
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
150,000,000
149,651,667
5.26%,
9/24/2024
(c)
100,000,000
99,697,687
5.28%,
10/10/2024
(c)
100,000,000
99,472,750
5.28%,
11/5/2024
(c)
125,000,000
123,901,875
5.28%,
11/21/2024
(c)
100,000,000
98,906,069
5.26%,
12/19/2024
(c)
125,000,000
123,198,090
Total
U.S.
Treasury
Obligations
(Cost
$694,450,701)
694,828,138
Total
Short-Term
Investments
(Cost
$936,512,742)
936,890,179
Total
Investments
—
139.3%
(Cost
$936,512,742)
936,890,179
Liabilities
in
excess
of
other
assets
—
(39.3%)
(
264,086,164
)
Net
Assets
—
100.0%
$
672,804,015
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$292,805,963.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
Short
QQQ
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Nasdaq
100
E-Mini
Index
50
9/20/2024
U.S.
Dollar
$
19,623,000
$
240,607
AUGUST
31,
2024
(Unaudited)
::
SHORT
QQQ
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
11
PSQ
::
Swap
Agreements
Short
QQQ
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(69,607,420)
3/6/2025
Bank
of
America
NA
(5.83)%
Nasdaq-100
Index
®
(
26,745,858
)
(37,426,712)
11/6/2025
Barclays
Capital
(5.73)%
Nasdaq-100
Index
®
(
18,501,277
)
(66,906,119)
11/6/2025
BNP
Paribas
SA
(5.73)%
Nasdaq-100
Index
®
(
24,705,229
)
(53,791,111)
11/6/2025
Citibank
NA
(5.88)%
Nasdaq-100
Index
®
(
16,107,751
)
(84,601,594)
11/7/2024
Goldman
Sachs
International
(5.83)%
Nasdaq-100
Index
®
(
33,179,883
)
(63,226,087)
4/7/2025
J.P.
Morgan
Securities
(5.63)%
Nasdaq-100
Index
®
(
6,839,753
)
(35,684,569)
4/10/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
Nasdaq-100
Index
®
(
10,126,010
)
(25,251,286)
4/7/2026
Nomura
Global
Financial
(5.73)%
Nasdaq-100
Index
®
(
183,532
)
(117,330,392)
11/14/2024
Societe
Generale
(6.13)%
Nasdaq-100
Index
®
(
75,235,950
)
(99,316,399)
11/7/2024
UBS
AG
(5.73)%
Nasdaq-100
Index
®
(
58,837,873
)
(653,141,689)
(
270,463,116
)
Total
Unrealized
Depreciation
(
270,463,116
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
REAL
ESTATE
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
12
REK
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
135
.1
%
Repurchase
Agreements
(a)
—
78
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$9,569,120
(Cost
$9,563,504)
$
9,563,504
$
9,563,504
U.S.
Treasury
Obligations
(b)
—
56
.7
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)
2,000,000
1,983,696
5.09%,
12/10/2024
(c)
5,000,000
4,933,237
Total
U.S.
Treasury
Obligations
(Cost
$6,913,450)
6,916,933
Total
Short-Term
Investments
(Cost
$16,476,954)
16,480,437
Total
Investments
—
135.1%
(Cost
$16,476,954)
16,480,437
Liabilities
in
excess
of
other
assets
—
(35.1%)
(
4,279,342
)
Net
Assets
—
100.0%
$
12,201,095
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,510,506.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Short
Real
Estate
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,195,610)
3/6/2025
Bank
of
America
NA
(5.68)%
S&P
Real
Estate
Select
Sector
Index
c
(
457,077
)
(2,008,130)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Real
Estate
Select
Sector
Index
c
(
139,382
)
(2,251,779)
4/7/2025
Citibank
NA
(5.58)%
S&P
Real
Estate
Select
Sector
index
c
(
343,281
)
(2,031,406)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Real
Estate
Select
Sector
Index
c
(
759,913
)
(2,631,881)
3/6/2025
Societe
Generale
(5.78)%
S&P
Real
Estate
Select
Sector
Index
c
(
1,533,083
)
(2,080,307)
3/6/2025
UBS
AG
(5.63)%
S&P
Real
Estate
Select
Sector
Index
c
(
588,921
)
(12,199,113)
(
3,821,657
)
Total
Unrealized
Depreciation
(
3,821,657
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Real
Estate
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
SHORT
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
13
RWM
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
129
.7
%
Repurchase
Agreements
(a)
—
12
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$17,529,595
(Cost
$17,519,306)
$
17,519,306
$
17,519,306
U.S.
Treasury
Obligations
(b)
—
117
.5
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
75,000,000
74,825,833
5.28%,
11/5/2024
(c)
75,000,000
74,341,125
5.22%,
11/12/2024
(c)
20,000,000
19,806,139
Total
U.S.
Treasury
Obligations
(Cost
$168,901,575)
168,973,097
Total
Short-Term
Investments
(Cost
$186,420,881)
186,492,403
Total
Investments
—
129.7%
(Cost
$186,420,881)
186,492,403
Liabilities
in
excess
of
other
assets
—
(29.7%)
(
42,731,669
)
Net
Assets
—
100.0%
$
143,760,734
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$48,534,659.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
Short
Russell2000
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Russell
2000
E-Mini
Index
100
9/20/2024
U.S.
Dollar
$
11,115,500
$
159,989
Swap
Agreements
Short
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(17,399,525)
11/6/2025
Bank
of
America
NA
(5.18)%
Russell
2000
®
Index
(
2,373,517
)
(20,493,119)
11/6/2025
Barclays
Capital
(5.63)%
Russell
2000
®
Index
(
9,974,026
)
(14,099,691)
2/11/2025
BNP
Paribas
SA
(5.23)%
Russell
2000
®
Index
(
9,732,162
)
(23,706,465)
3/6/2025
Citibank
NA
(5.38)%
Russell
2000
®
Index
(
7,388,110
)
(18,731,061)
11/7/2024
Goldman
Sachs
International
(5.48)%
Russell
2000
®
Index
(
4,973,288
)
(2,468,222)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.33)%
Russell
2000
®
Index
(
1,098,986
)
(16,461,467)
11/14/2024
Societe
Generale
(5.38)%
Russell
2000
®
Index
(
3,743,984
)
(19,283,759)
11/7/2024
UBS
AG
(5.63)%
Russell
2000
®
Index
(
3,954,951
)
(132,643,309)
(
43,239,024
)
Total
Unrealized
Depreciation
(
43,239,024
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
14
SH
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
135
.7
%
Repurchase
Agreements
(a)
—
12
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$117,799,033
(Cost
$117,729,889)
$
117,729,889
$
117,729,889
U.S.
Treasury
Obligations
(b)
—
123
.0
%
U.S.
Treasury
Bills
5.23%,
9/5/2024
(c)
100,000,000
99,971,028
5.21%,
9/19/2024
(c)
75,000,000
74,825,833
5.26%,
9/24/2024
(c)
150,000,000
149,546,531
5.27%,
10/3/2024
(c)
100,000,000
99,571,667
5.30%,
10/8/2024
(c)
100,000,000
99,502,222
5.28%,
11/5/2024
(c)
75,000,000
74,341,125
5.29%,
11/7/2024
(c)
150,000,000
148,641,432
5.19%,
11/14/2024
(c)
75,000,000
74,251,500
5.28%,
11/21/2024
(c)
100,000,000
98,906,069
5.08%,
12/3/2024
(c)
75,000,000
74,067,250
5.01%,
12/5/2024
(c)
100,000,000
98,736,750
5.26%,
12/19/2024
(c)
50,000,000
49,279,236
Total
U.S.
Treasury
Obligations
(Cost
$1,141,126,388)
1,141,640,643
Total
Short-Term
Investments
(Cost
$1,258,856,277)
1,259,370,532
Total
Investments
—
135.7%
(Cost
$1,258,856,277)
1,259,370,532
Liabilities
in
excess
of
other
assets
—
(35.7%)
(
331,053,899
)
Net
Assets
—
100.0%
$
928,316,633
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$358,872,690.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
Short
S&P500
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
500
E-Mini
Index
219
9/20/2024
U.S.
Dollar
$
61,987,950
$
(
615,087
)
AUGUST
31,
2024
(Unaudited)
::
SHORT
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
15
SH
::
Swap
Agreements
Short
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(161,696,747)
3/6/2025
Bank
of
America
NA
(5.73)%
S&P
500
®
(
27,458,541
)
(24,220,339)
3/6/2026
Barclays
Capital
(5.73)%
S&P
500
®
(
7,748,201
)
(151,766,860)
2/11/2025
BNP
Paribas
SA
(5.63)%
S&P
500
®
(
59,343,590
)
(115,091,798)
3/6/2026
Citibank
NA
(5.68)%
S&P
500
®
(
5,601,811
)
(88,634,693)
11/7/2024
Goldman
Sachs
International
(5.83)%
S&P
500
®
(
72,096,039
)
(63,132,167)
4/7/2025
J.P.
Morgan
Securities
(5.53)%
S&P
500
®
(
25,255,603
)
(56,235,470)
4/10/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
S&P
500
®
(
20,541,193
)
(114,939,292)
11/14/2024
Societe
Generale
(5.93)%
S&P
500
®
(
58,898,435
)
(90,604,335)
11/7/2024
UBS
AG
(5.73)%
S&P
500
®
(
56,453,460
)
(866,321,701)
(
333,396,873
)
Total
Unrealized
Depreciation
(
333,396,873
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
16
SBB
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
128
.2
%
Repurchase
Agreements
(a)
—
70
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$3,586,836
(Cost
$3,584,730)
$
3,584,730
$
3,584,730
U.S.
Treasury
Obligations
(b)
—
58
.1
%
U.S.
Treasury
Bills
5.19%,
11/14/2024
(c)                                                                            
(Cost
$2,968,550)
3,000,000
2,970,060
Total
Short-Term
Investments
(Cost
$6,553,280)
6,554,790
Total
Investments
—
128.2%
(Cost
$6,553,280)
6,554,790
Liabilities
in
excess
of
other
assets
—
(28.2%)
(
1,441,314
)
Net
Assets
—
100.0%
$
5,113,476
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,743,372.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Short
SmallCap600
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(533,952)
11/6/2025
Bank
of
America
NA
(5.53)%
S&P
SmallCap
600
®
(
15,611
)
(1,086,266)
3/6/2025
Citibank
NA
(5.48)%
S&P
SmallCap
600
®
(
728,349
)
(1,244,474)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.63)%
S&P
SmallCap
600
®
(
68,891
)
(1,678,133)
11/14/2024
Societe
Generale
(5.38)%
S&P
SmallCap
600
®
(
1,116,632
)
(569,266)
1/26/2026
UBS
AG
(5.63)%
S&P
SmallCap
600
®
(
21,870
)
(5,112,091)
(
1,951,353
)
Total
Unrealized
Depreciation
(
1,951,353
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
7-10
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
17
UST
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
96
.7
%
Repurchase
Agreements
(a)
—
96
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$46,668,931
(Cost
$46,641,539)
$
46,641,539
$
46,641,539
Total
Investments
—
96.7%
(Cost
$46,641,539)
46,641,539
Other
assets
less
liabilities
—
3.3%
1,578,888
Net
Assets
—
100.0%
$
48,220,427
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Futures
Contracts
Purchased
Ultra
7-10
Year
Treasury
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
U.S.
Treasury
10
Year
Note
5
12/19/2024
U.S.
Dollar
$
567,578
$
(
1,962
)
Swap
Agreements
Ultra
7-10
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
30,096,283
12/10/2024
Bank
of
America
NA
5.00%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
279,357
23,277,464
11/6/2024
Citibank
NA
5.23%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
937,198
42,625,771
11/6/2024
Goldman
Sachs
International
5.18%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
250,132
)
95,999,518
966,423
Total
Unrealized
Appreciation
1,216,556
Total
Unrealized
Depreciation
(
250,132
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
20+
YEAR
TREASURY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
18
UBT
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
94
.5
%
Repurchase
Agreements
(a)
—
74
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$94,117,498
(Cost
$94,062,256)
$
94,062,256
$
94,062,256
U.S.
Treasury
Obligations
(b)
—
19
.8
%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(c)                                                                            
(Cost
$24,916,785)
25,000,000
24,924,422
Total
Short-Term
Investments
(Cost
$118,979,041)
118,986,678
Total
Investments
—
94.5%
(Cost
$118,979,041)
118,986,678
Other
assets
less
liabilities
—
5.5%
6,865,573
Net
Assets
—
100.0%
$
125,852,251
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$3,198,287.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Purchased
Ultra
20+
Year
Treasury
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
U.S.
Treasury
Long
Bond
20
12/19/2024
U.S.
Dollar
$
2,456,875
$
(
28,163
)
Swap
Agreements
Ultra
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
65,938,133
12/10/2024
Bank
of
America
NA
5.13%
ICE
U.S.
Treasury
20+
Year
Bond
Index
1,810,402
11,982,942
11/6/2024
Barclays
Capital
5.48%
ICE
U.S.
Treasury
20+
Year
Bond
Index
52,581
59,170,852
11/6/2024
Citibank
NA
5.28%
ICE
U.S.
Treasury
20+
Year
Bond
Index
5,099,452
71,782,969
11/6/2024
Goldman
Sachs
International
5.05%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
2,125,026
)
41,493,337
11/6/2024
Societe
Generale
5.42%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,733,645
)
250,368,233
3,103,764
Total
Unrealized
Appreciation
6,962,435
Total
Unrealized
Depreciation
(
3,858,671
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
COMMUNICATION
SERVICES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
19
LTL
::
Investments
Shares
Value
Common
Stocks
—
65
.2
%
Diversified
Telecommunication
Services
—
6.2%
AT&T,
Inc.
5,548
$
110,405
Verizon
Communications,
Inc.
2,467
103,072
213,477
Entertainment
—
14.1%
Electronic
Arts,
Inc.
720
109,310
Live
Nation
Entertainment,
Inc.*
471
46,003
Netflix,
Inc.*
146
102,397
Take-Two
Interactive
Software,
Inc.*
525
84,898
Walt
Disney
Co.
(The)
979
88,482
Warner
Bros
Discovery,
Inc.*
7,368
57,765
488,855
Interactive
Media
&
Services
—
29.2%
Alphabet,
Inc.,
Class
a
A
1,538
251,278
Alphabet,
Inc.,
Class
a
C
1,280
211,341
Match
Group,
Inc.*
878
32,670
Meta
Platforms,
Inc.,
Class
a
A
992
517,140
1,012,429
Media
—
12.5%
Charter
Communications,
Inc.,
Class
a
A*
324
112,603
Comcast
Corp.,
Class
a
A
2,615
103,476
Fox
Corp.,
Class
a
A
764
31,607
Fox
Corp.,
Class
a
B
436
16,755
Interpublic
Group
of
Cos.,
Inc.
(The)
1,247
40,665
News
Corp.,
Class
a
A
1,253
35,497
Investments
Shares
Value
Common
Stocks
(continued)
News
Corp.,
Class
a
B
378
$
11,125
Omnicom
Group,
Inc.
647
64,978
Paramount
Global,
Class
a
B
1,633
17,097
433,803
Wireless
Telecommunication
Services
—
3.2%
T-Mobile
US,
Inc.
556
110,488
Total
Common
Stocks
(Cost
$1,755,000)
2,259,052
Principal
Amount
Short-Term
Investments
—
9
.4
%
Repurchase
Agreements
(a)
—
9
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$327,730
(Cost
$327,540)
$
327,540
327,540
Total
Investments
—
74.6%
(Cost
$2,082,540)
2,586,592
Other
assets
less
liabilities
—
25.4%
880,537
Net
Assets
—
100.0%
$
3,467,129
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
Communication
Services
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
1,284,293
5/6/2025
Bank
of
America
NA
5.63%
S&P
Communication
Services
Select
Sector
Index
c
114,290
1,094,568
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Communication
Services
Select
Sector
Index
c
256,501
762,549
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Communication
Services
Select
Sector
Index
c
49,758
869,726
5/6/2025
Societe
Generale
6.18%
S&P
Communication
Services
Select
Sector
Index
c
88,104
639,410
5/6/2025
UBS
AG
6.13%
S&P
Communication
Services
Select
Sector
Index
c
54,666
4,650,546
563,319
Total
Unrealized
Appreciation
563,319
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
CONSUMER
DISCRETIONARY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
20
UCC
::
Investments
Shares
Value
Common
Stocks
—
63
.5
%
Automobile
Components
—
0.5%
Aptiv
plc*
578
$
41,344
BorgWarner,
Inc.
484
16,490
57,834
Automobiles
—
11.8%
Ford
Motor
Co.
8,330
93,213
General
Motors
Co.
2,423
120,617
Tesla,
Inc.*
5,820
1,246,120
1,459,950
Broadline
Retail
—
14.1%
Amazon.com,
Inc.*
9,381
1,674,508
eBay,
Inc.
1,075
63,533
Etsy,
Inc.*
248
13,662
1,751,703
Distributors
—
0.8%
Genuine
Parts
Co.
296
42,405
LKQ
Corp.
567
23,582
Pool
Corp.
81
28,481
94,468
Hotels,
Restaurants
&
Leisure
—
14.6%
Airbnb,
Inc.,
Class
a
A*
938
110,037
Booking
Holdings,
Inc.
72
281,465
Caesars
Entertainment,
Inc.*
460
17,314
Carnival
Corp.*
2,146
35,409
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
2,917
163,585
Darden
Restaurants,
Inc.
254
40,170
Domino's
Pizza,
Inc.
74
30,652
Expedia
Group,
Inc.*
270
37,554
Hilton
Worldwide
Holdings,
Inc.
531
116,629
Las
Vegas
Sands
Corp.
775
30,217
Marriott
International,
Inc.,
Class
a
A
510
119,692
McDonald's
Corp.
1,329
383,629
MGM
Resorts
International*
533
20,036
Norwegian
Cruise
Line
Holdings
Ltd.*
911
16,298
Royal
Caribbean
Cruises
Ltd.*
503
82,804
Starbucks
Corp.
2,406
227,535
Wynn
Resorts
Ltd.
201
15,453
Yum!
Brands,
Inc.
598
80,682
1,809,161
Household
Durables
—
3.3%
DR
Horton,
Inc.
630
118,919
Garmin
Ltd.
326
59,752
Lennar
Corp.,
Class
a
A
520
94,671
Mohawk
Industries,
Inc.*
113
17,531
NVR,
Inc.*
7
64,207
PulteGroup,
Inc.
447
58,848
413,928
Leisure
Products
—
0.2%
Hasbro,
Inc.
278
18,949
Investments
Shares
Value
Common
Stocks
(continued)
Specialty
Retail
—
15.3%
AutoZone,
Inc.*
37
$
117,715
Bath
&
Body
Works,
Inc.
475
14,611
Best
Buy
Co.,
Inc.
409
41,064
CarMax,
Inc.*
334
28,240
Home
Depot,
Inc.
(The)
2,079
766,111
Lowe's
Cos.,
Inc.
1,215
301,927
O'Reilly
Automotive,
Inc.*
125
141,246
Ross
Stores,
Inc.
712
107,234
TJX
Cos.,
Inc.
(The)
2,406
282,152
Tractor
Supply
Co.
229
61,269
Ulta
Beauty,
Inc.*
102
35,990
1,897,559
Textiles,
Apparel
&
Luxury
Goods
—
2.9%
Deckers
Outdoor
Corp.*
55
52,761
Lululemon
Athletica,
Inc.*
243
63,051
NIKE,
Inc.,
Class
a
B
2,573
214,382
Ralph
Lauren
Corp.,
Class
a
A
83
14,215
Tapestry,
Inc.
488
19,993
364,402
Total
Common
Stocks
(Cost
$7,951,051)
7,867,954
Principal
Amount
Short-Term
Investments
—
16
.3
%
Repurchase
Agreements
(a)
—
16
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$2,023,058
(Cost
$2,021,870)
$
2,021,870
2,021,870
Total
Investments
—
79.8%
(Cost
$9,972,921)
9,889,824
Other
assets
less
liabilities
—
20.2%
2,503,702
Net
Assets
—
100.0%
$
12,393,526
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
CONSUMER
DISCRETIONARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
21
UCC
::
Swap
Agreements
Ultra
Consumer
Discretionary
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
4,549,300
5/6/2025
BNP
Paribas
SA
6.03%
S&P
Consumer
Discretionary
Select
Sector
Index
c
174,777
6,415,099
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Consumer
Discretionary
Select
Sector
Index
c
125,663
2,845,909
3/6/2025
Societe
Generale
6.28%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
33,926
)
3,136,732
3/6/2025
UBS
AG
6.13%
S&P
Consumer
Discretionary
Select
Sector
Index
c
729,742
16,947,040
996,256
Total
Unrealized
Appreciation
1,030,182
Total
Unrealized
Depreciation
(
33,926
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
CONSUMER
STAPLES
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
22
UGE
::
Investments
Shares
Value
Common
Stocks
—
70
.8
%
Beverages
—
13.8%
Brown-Forman
Corp.,
Class
a
B
662
$
30,181
Coca-Cola
Co.
(The)
12,395
898,266
Constellation
Brands,
Inc.,
Class
a
A
587
141,297
Keurig
Dr
Pepper,
Inc.
3,853
141,058
Molson
Coors
Beverage
Co.,
Class
a
B
670
36,160
Monster
Beverage
Corp.*
2,618
123,386
PepsiCo,
Inc.
2,322
401,427
1,771,775
Consumer
Staples
Distribution
&
Retail
—
23.5%
Costco
Wholesale
Corp.
1,422
1,268,964
Dollar
General
Corp.
811
67,289
Dollar
Tree,
Inc.*
764
64,550
Kroger
Co.
(The)
2,472
131,535
Sysco
Corp.
1,844
143,777
Target
Corp.
1,710
262,690
Walgreens
Boots
Alliance,
Inc.
2,635
24,374
Walmart,
Inc.
13,650
1,054,190
3,017,369
Food
Products
—
10.2%
Archer-Daniels-Midland
Co.
1,820
111,002
Bunge
Global
SA
523
53,022
Campbell
Soup
Co.
722
35,898
Conagra
Brands,
Inc.
1,763
55,005
General
Mills,
Inc.
2,087
150,869
Hershey
Co.
(The)
538
103,866
Hormel
Foods
Corp.
1,064
34,633
J
M
Smucker
Co.
(The)
388
44,496
Kellanova
965
77,789
Kraft
Heinz
Co.
(The)
2,910
103,101
Lamb
Weston
Holdings,
Inc.
530
32,818
McCormick
&
Co.,
Inc.
(Non-Voting)
922
73,788
Mondelez
International,
Inc.,
Class
a
A
4,951
355,531
Tyson
Foods,
Inc.,
Class
a
A
1,053
67,718
1,299,536
Household
Products
—
15.3%
Church
&
Dwight
Co.,
Inc.
903
91,998
Clorox
Co.
(The)
464
73,456
Colgate-Palmolive
Co.
3,019
321,523
Kimberly-Clark
Corp.
1,241
179,523
Procter
&
Gamble
Co.
(The)
7,542
1,293,755
1,960,255
Personal
Care
Products
—
1.8%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
859
78,736
Kenvue,
Inc.
7,062
155,011
233,747
Tobacco
—
6.2%
Altria
Group,
Inc.
6,337
340,740
Investments
Shares
Value
Common
Stocks
(continued)
Philip
Morris
International,
Inc.
3,716
$
458,146
798,886
Total
Common
Stocks
(Cost
$8,945,803)
9,081,568
Principal
Amount
Short-Term
Investments
—
8
.9
%
Repurchase
Agreements
(a)
—
8
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$1,147,536
(Cost
$1,146,862)
$
1,146,862
1,146,862
Total
Investments
—
79.7%
(Cost
$10,092,665)
10,228,430
Other
assets
less
liabilities
—
20.3%
2,601,189
Net
Assets
—
100.0%
$
12,829,619
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
CONSUMER
STAPLES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
23
UGE
::
Swap
Agreements
Ultra
Consumer
Staples
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
10,330,068
3/6/2025
Bank
of
America
NA
5.58%
S&P
Consumer
Staples
Select
Sector
Index
c
369,742
2,598,545
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Consumer
Staples
Select
Sector
Index
c
87,394
1,307,182
3/6/2025
Societe
Generale
6.28%
S&P
Consumer
Staples
Select
Sector
Index
c
110,200
2,281,324
3/6/2025
UBS
AG
6.13%
S&P
Consumer
Staples
Select
Sector
Index
c
162,732
16,517,119
730,068
Total
Unrealized
Appreciation
730,068
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
DOW30
~
SM
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
24
DDM
::
Investments
Shares
Value
Common
Stocks
—
71
.8
%
Aerospace
&
Defense
—
2.0%
Boeing
Co.
(The)*
46,874
$
8,143,889
Banks
—
2.6%
JPMorgan
Chase
&
Co.
46,873
10,537,050
Beverages
—
0.8%
Coca-Cola
Co.
(The)
46,875
3,397,031
Biotechnology
—
3.8%
Amgen,
Inc.
46,872
15,647,280
Broadline
Retail
—
2.0%
Amazon.com,
Inc.*
46,874
8,367,009
Capital
Markets
—
5.8%
Goldman
Sachs
Group,
Inc.
(The)
46,872
23,916,438
Chemicals
—
0.6%
Dow,
Inc.
46,875
2,511,562
Communications
Equipment
—
0.6%
Cisco
Systems,
Inc.
46,875
2,369,063
Consumer
Finance
—
2.9%
American
Express
Co.
46,872
12,123,443
Consumer
Staples
Distribution
&
Retail
—
0.9%
Walmart,
Inc.
46,885
3,620,929
Diversified
Telecommunication
Services
—
0.5%
Verizon
Communications,
Inc.
46,872
1,958,312
Entertainment
—
1.0%
Walt
Disney
Co.
(The)
46,876
4,236,653
Financial
Services
—
3.1%
Visa,
Inc.,
Class
a
A
46,872
12,954,015
Health
Care
Providers
&
Services
—
6.7%
UnitedHealth
Group,
Inc.
46,872
27,663,854
Hotels,
Restaurants
&
Leisure
—
3.3%
McDonald's
Corp.
46,872
13,530,072
Household
Products
—
1.9%
Procter
&
Gamble
Co.
(The)
46,875
8,040,938
Industrial
Conglomerates
—
3.9%
3M
Co.
46,874
6,313,459
Honeywell
International,
Inc.
46,873
9,745,365
16,058,824
Insurance
—
2.6%
Travelers
Cos.,
Inc.
(The)
46,872
10,690,097
Investments
Shares
Value
Common
Stocks
(continued)
IT
Services
—
2.3%
International
Business
Machines
Corp.
46,873
$
9,474,439
Machinery
—
4.0%
Caterpillar,
Inc.
46,872
16,691,119
Oil,
Gas
&
Consumable
Fuels
—
1.7%
Chevron
Corp.
46,875
6,935,156
Pharmaceuticals
—
3.2%
Johnson
&
Johnson
46,875
7,774,687
Merck
&
Co.,
Inc.
46,875
5,552,344
13,327,031
Semiconductors
&
Semiconductor
Equipment
—
0.3%
Intel
Corp.
46,867
1,032,949
Software
—
7.6%
Microsoft
Corp.
46,872
19,552,186
Salesforce,
Inc.
46,872
11,853,929
31,406,115
Specialty
Retail
—
4.2%
Home
Depot,
Inc.
(The)
46,872
17,272,332
Technology
Hardware,
Storage
&
Peripherals
—
2.6%
Apple,
Inc.
46,874
10,734,146
Textiles,
Apparel
&
Luxury
Goods
—
0.9%
NIKE,
Inc.,
Class
a
B
46,875
3,905,625
Total
Common
Stocks
(Cost
$290,273,346)
296,545,371
Principal
Amount
Short-Term
Investments
—
12
.6
%
Repurchase
Agreements
(a)
—
6
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$27,436,735
(Cost
$27,420,632)
$
27,420,632
27,420,632
U.S.
Treasury
Obligations
(b)
—
6
.0
%
U.S.
Treasury
Bills
5.22%,
11/12/2024
(c)                                                                            
(Cost
$24,743,375)
25,000,000
24,757,673
Total
Short-Term
Investments
(Cost
$52,164,007)
52,178,305
Total
Investments
—
84.4%
(Cost
$342,437,353)
348,723,676
Other
assets
less
liabilities
—
15.6%
64,403,155
Net
Assets
—
100.0%
$
413,126,831
AUGUST
31,
2024
(Unaudited)
::
ULTRA
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
25
DDM
::
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$22,222,716.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Purchased
Ultra
Dow30
SM
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
DJIA
CBOT
E-Mini
Index
210
9/20/2024
U.S.
Dollar
$
43,735,650
$
2,621,972
Swap
Agreements
Ultra
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
99,252,635
3/6/2025
Bank
of
America
NA
6.03%
Dow
Jones
Industrial
Average
SM
8,522,156
79,136,104
11/6/2025
Barclays
Capital
6.13%
Dow
Jones
Industrial
Average
SM
9,585,280
46,716,902
2/11/2025
BNP
Paribas
SA
5.93%
Dow
Jones
Industrial
Average
SM
14,982,901
75,603,243
11/6/2025
Citibank
NA
6.08%
Dow
Jones
Industrial
Average
SM
3,506,790
119,756,013
11/6/2025
Morgan
Stanley
&
Co.
International
plc
6.18%
SPDR
®
Dow
Jones
Industrial
Average
SM
ETF
Trust
18,055,045
21,695,928
11/14/2024
Societe
Generale
6.18%
Dow
Jones
Industrial
Average
SM
5,810,534
43,807,486
1/26/2026
UBS
AG
6.13%
Dow
Jones
Industrial
Average
SM
1,256,714
485,968,311
61,719,420
Total
Unrealized
Appreciation
61,719,420
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
ENERGY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
26
DIG
::
Investments
Shares
Value
Common
Stocks
(a)
—
73
.1
%
Energy
Equipment
&
Services
—
6.6%
Baker
Hughes
Co.,
Class
a
A
55,583
$
1,954,854
Halliburton
Co.
49,306
1,532,924
Schlumberger
NV
76,172
3,350,806
6,838,584
Oil,
Gas
&
Consumable
Fuels
—
66.5%
APA
Corp.
20,052
571,282
Chevron
Corp.
86,547
12,804,629
ConocoPhillips
29,943
3,407,214
Coterra
Energy,
Inc.
41,450
1,008,479
Devon
Energy
Corp.
35,199
1,576,211
Diamondback
Energy,
Inc.
9,933
1,938,028
EOG
Resources,
Inc.
29,020
3,738,356
EQT
Corp.
33,057
1,107,740
Exxon
Mobil
Corp.
153,449
18,097,775
Hess
Corp.
15,393
2,125,158
Kinder
Morgan,
Inc.
107,537
2,319,573
Marathon
Oil
Corp.
31,413
899,982
Marathon
Petroleum
Corp.
19,261
3,411,508
Occidental
Petroleum
Corp.
37,487
2,136,009
ONEOK,
Inc.
32,506
3,002,254
Phillips
66
23,613
3,313,140
Targa
Resources
Corp.
12,348
1,813,921
Valero
Energy
Corp.
18,212
2,672,247
Williams
Cos.,
Inc.
(The)
67,878
3,106,776
69,050,282
Total
Common
Stocks
(Cost
$72,153,104)
75,888,866
Principal
Amount
Short-Term
Investments
—
25
.5
%
Repurchase
Agreements
(b)
—
13
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$14,165,765
(Cost
$14,157,449)
$
14,157,449
14,157,449
U.S.
Treasury
Obligations
(a)
—
11
.9
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)
2,500,000
2,479,619
5.09%,
12/10/2024
(c)
10,000,000
9,866,475
Total
U.S.
Treasury
Obligations
(Cost
$12,339,606)
12,346,094
Total
Short-Term
Investments
(Cost
$26,497,055)
26,503,543
Total
Investments
—
98.6%
(Cost
$98,650,159)
102,392,409
Other
assets
less
liabilities
—
1.4%
1,436,784
Net
Assets
—
100.0%
$
103,829,193
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$20,478,939.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
ENERGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
27
DIG
::
Swap
Agreements
Ultra
Energy
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
54,715,117
11/6/2025
Bank
of
America
NA
5.63%
S&P
Energy
Select
Sector
Index
c
962,823
35,777,617
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Energy
Select
Sector
Index
c
129,463
3,086,465
4/7/2025
Citibank
NA
6.03%
S&P
Energy
Select
Sector
Index
c
90,462
13,546,679
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Energy
Select
Sector
Index
c
1,180,967
3,615,818
5/6/2025
Societe
Generale
6.28%
S&P
Energy
Select
Sector
Index
c
249,471
21,123,587
5/6/2025
UBS
AG
6.13%
S&P
Energy
Select
Sector
Index
c
(
1,534,852
)
131,865,283
1,078,334
Total
Unrealized
Appreciation
2,613,186
Total
Unrealized
Depreciation
(
1,534,852
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
FINANCIALS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
28
UYG
::
Investments
Shares
Value
Common
Stocks
(a)
—
57
.6
%
Banks
—
14.5%
Bank
of
America
Corp.
479,189
$
19,526,952
Citigroup,
Inc.
134,342
8,415,183
Citizens
Financial
Group,
Inc.
32,055
1,379,968
Fifth
Third
Bancorp
48,187
2,057,103
Huntington
Bancshares,
Inc.
102,080
1,528,138
JPMorgan
Chase
&
Co.
202,251
45,466,025
KeyCorp
66,411
1,132,972
M&T
Bank
Corp.
11,750
2,022,292
PNC
Financial
Services
Group,
Inc.
(The)
28,022
5,186,592
Regions
Financial
Corp.
64,514
1,510,918
Truist
Financial
Corp.
94,249
4,190,310
US
Bancorp
109,883
5,189,774
Wells
Fargo
&
Co.
245,548
14,357,191
111,963,418
Capital
Markets
—
13.1%
Ameriprise
Financial,
Inc.
6,994
3,143,383
Bank
of
New
York
Mellon
Corp.
(The)
52,670
3,593,147
BlackRock,
Inc.
9,837
8,871,105
Blackstone,
Inc.
50,333
7,165,406
Cboe
Global
Markets,
Inc.
7,404
1,520,782
Charles
Schwab
Corp.
(The)
105,148
6,845,135
CME
Group,
Inc.
25,359
5,470,951
FactSet
Research
Systems,
Inc.
2,681
1,133,634
Franklin
Resources,
Inc.
21,131
427,691
Goldman
Sachs
Group,
Inc.
(The)
22,708
11,586,757
Intercontinental
Exchange,
Inc.
40,398
6,526,297
Invesco
Ltd.
31,692
541,616
KKR
&
Co.,
Inc.
46,875
5,801,719
MarketAxess
Holdings,
Inc.
2,665
645,969
Moody's
Corp.
11,059
5,393,917
Morgan
Stanley
88,138
9,131,978
MSCI,
Inc.,
Class
a
A
5,579
3,239,112
Nasdaq,
Inc.
29,138
2,100,267
Northern
Trust
Corp.
14,413
1,314,610
Raymond
James
Financial,
Inc.
13,138
1,570,911
S&P
Global,
Inc.
22,544
11,570,482
State
Street
Corp.
21,218
1,848,088
T.
Rowe
Price
Group,
Inc.
15,725
1,667,479
101,110,436
Consumer
Finance
—
2.4%
American
Express
Co.
40,024
10,352,208
Capital
One
Financial
Corp.
26,913
3,954,327
Discover
Financial
Services
17,650
2,448,231
Synchrony
Financial
28,289
1,421,805
18,176,571
Financial
Services
—
18.0%
Berkshire
Hathaway,
Inc.,
Class
a
B*
127,501
60,680,276
Corpay,
Inc.*
4,950
1,561,972
Fidelity
National
Information
Services,
Inc.
39,178
3,230,226
Fiserv,
Inc.*
41,211
7,195,441
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Global
Payments,
Inc.
17,979
$
1,995,849
Jack
Henry
&
Associates,
Inc.
5,134
888,336
Mastercard,
Inc.,
Class
a
A
57,824
27,948,652
PayPal
Holdings,
Inc.*
73,707
5,338,598
Visa,
Inc.,
Class
a
A
110,866
30,640,036
139,479,386
Insurance
—
9.6%
Aflac,
Inc.
36,421
4,019,422
Allstate
Corp.
(The)
18,588
3,512,017
American
International
Group,
Inc.
46,753
3,602,319
Aon
plc,
Class
a
A
15,312
5,263,041
Arch
Capital
Group
Ltd.*
26,336
2,978,338
Arthur
J
Gallagher
&
Co.
15,390
4,502,652
Assurant,
Inc.
3,661
718,837
Brown
&
Brown,
Inc.
16,676
1,753,148
Chubb
Ltd.
28,601
8,127,832
Cincinnati
Financial
Corp.
11,027
1,511,030
Everest
Group
Ltd.
3,061
1,200,647
Globe
Life,
Inc.
5,915
621,371
Hartford
Financial
Services
Group,
Inc.
(The)
20,831
2,418,479
Loews
Corp.
12,791
1,048,094
Marsh
&
McLennan
Cos.,
Inc.
34,702
7,895,052
MetLife,
Inc.
42,072
3,259,739
Principal
Financial
Group,
Inc.
15,191
1,236,851
Progressive
Corp.
(The)
41,249
10,402,998
Prudential
Financial,
Inc.
25,283
3,063,288
Travelers
Cos.,
Inc.
(The)
16,129
3,678,541
W
R
Berkley
Corp.
21,343
1,274,177
Willis
Towers
Watson
plc
7,194
2,101,439
74,189,312
Total
Common
Stocks
(Cost
$345,187,148)
444,919,123
Principal
Amount
Short-Term
Investments
—
7
.6
%
Repurchase
Agreements
(b)
—
0
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$7,084,252
(Cost
$7,080,091)
$
7,080,091
7,080,091
U.S.
Treasury
Obligations
(a)
—
6
.7
%
U.S.
Treasury
Bills
5.19%,
10/17/2024
(c)
32,000,000
31,800,925
AUGUST
31,
2024
(Unaudited)
::
ULTRA
FINANCIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
29
UYG
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
(continued)
U.S.
Treasury
Bills
(continued)
5.01%,
12/5/2024
(c)
$
20,000,000
$
19,747,350
Total
U.S.
Treasury
Obligations
(Cost
$51,529,373)
51,548,275
Total
Short-Term
Investments
(Cost
$58,609,464)
58,628,366
Total
Investments
—
65.2%
(Cost
$403,796,612)
503,547,489
Other
assets
less
liabilities
—
34.8%
269,098,175
Net
Assets
—
100.0%
$
772,645,664
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$56,762,509.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Ultra
Financials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
154,392,151
3/6/2025
Bank
of
America
NA
6.08%
S&P
Financial
Select
Sector
Index
c
35,647,481
147,513,095
3/6/2026
Barclays
Capital
6.13%
S&P
Financial
Select
Sector
Index
c
8,958,003
289,701,449
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Financial
Select
Sector
Index
c
91,531,581
28,724,448
4/7/2025
Citibank
NA
6.13%
S&P
Financial
Select
Sector
Index
c
5,680,365
234,444,464
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Financial
Select
Sector
Index
c
63,615,134
49,816,318
3/6/2025
Societe
Generale
6.48%
S&P
Financial
Select
Sector
Index
c
29,562,635
191,394,089
3/6/2025
UBS
AG
6.13%
S&P
Financial
Select
Sector
Index
c
34,478,918
1,095,986,014
269,474,117
Total
Unrealized
Appreciation
269,474,117
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
FTSE
CHINA
50
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
30
XPP
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
121
.9
%
Repurchase
Agreements
(a)
—
47
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$5,641,613
(Cost
$5,638,303)
$
5,638,303
$
5,638,303
U.S.
Treasury
Obligations
(b)
—
74
.7
%
U.S.
Treasury
Bills
5.27%,
10/10/2024
(c)
5,000,000
4,973,638
5.19%,
11/19/2024
(c)
4,000,000
3,957,393
Total
U.S.
Treasury
Obligations
(Cost
$8,926,993)
8,931,031
Total
Short-Term
Investments
(Cost
$14,565,296)
14,569,334
Total
Investments
—
121.9%
(Cost
$14,565,296)
14,569,334
Liabilities
in
excess
of
other
assets
—
(21.9%)
(
2,618,724
)
Net
Assets
—
100.0%
$
11,950,610
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,918,818.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
FTSE
China
50
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
2,038,541
4/10/2025
Bank
of
America
NA
5.53%
iShares
®
China
Large-Cap
ETF
255,361
5,852,415
11/14/2024
Citibank
NA
4.58%
iShares
®
China
Large-Cap
ETF
(
387,191
)
3,604,651
3/6/2025
Goldman
Sachs
International
5.63%
iShares
®
China
Large-Cap
ETF
(
2,029,465
)
63,931
11/14/2024
Morgan
Stanley
&
Co.
International
plc
6.03%
iShares
®
China
Large-Cap
ETF
(
9,777
)
4,708,819
11/14/2024
Societe
Generale
6.18%
iShares
®
China
Large-Cap
ETF
(
456,285
)
7,623,375
3/6/2025
UBS
AG
5.93%
iShares
®
China
Large-Cap
ETF
(
1,117,987
)
23,891,732
(
3,745,344
)
Total
Unrealized
Appreciation
255,361
Total
Unrealized
Depreciation
(
4,000,705
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
FTSE
EUROPE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
31
UPV
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
74
.5
%
Repurchase
Agreements
(a)
—
41
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$1,872,255
(Cost
$1,871,156)
$
1,871,156
$
1,871,156
U.S.
Treasury
Obligations
(b)
—
32
.9
%
U.S.
Treasury
Bills
5.19%,
11/19/2024
(c)                                                                            
(Cost
$1,483,196)
1,500,000
1,484,023
Total
Short-Term
Investments
(Cost
$3,354,352)
3,355,179
Total
Investments
—
74.5%
(Cost
$3,354,352)
3,355,179
Other
assets
less
liabilities
—
25.5%
1,146,843
Net
Assets
—
100.0%
$
4,502,022
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,236,686.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
FTSE
Europe
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
633,277
4/10/2025
Bank
of
America
NA
5.63%
Vanguard
®
FTSE
Europe
ETF
Shares
159,000
3,891,306
11/14/2024
Citibank
NA
5.53%
Vanguard
®
FTSE
Europe
ETF
Shares
426,440
1,384,731
3/6/2025
Goldman
Sachs
International
5.83%
Vanguard
®
FTSE
Europe
ETF
Shares
91,579
27,511
11/14/2024
Morgan
Stanley
&
Co.
International
plc
6.03%
Vanguard
®
FTSE
Europe
ETF
Shares
4,565
1,815,739
11/14/2024
Societe
Generale
5.98%
Vanguard
®
FTSE
Europe
ETF
Shares
297,757
1,256,345
3/6/2025
UBS
AG
4.83%
Vanguard
®
FTSE
Europe
ETF
Shares
202,450
9,008,909
1,181,791
Total
Unrealized
Appreciation
1,181,791
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
HEALTH
CARE
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
32
RXL
::
Investments
Shares
Value
Common
Stocks
—
69
.2
%
Biotechnology
—
11.3%
AbbVie,
Inc.
21,192
$
4,160,202
Amgen,
Inc.
6,438
2,149,198
Biogen,
Inc.*
1,747
357,716
Gilead
Sciences,
Inc.
14,951
1,181,129
Incyte
Corp.*
1,908
125,279
Moderna,
Inc.*
4,001
309,677
Regeneron
Pharmaceuticals,
Inc.*
1,273
1,508,110
Vertex
Pharmaceuticals,
Inc.*
3,097
1,535,771
11,327,082
Health
Care
Equipment
&
Supplies
—
13.7%
Abbott
Laboratories
20,877
2,364,738
Align
Technology,
Inc.*
841
199,502
Baxter
International,
Inc.
6,116
232,041
Becton
Dickinson
&
Co.
3,469
840,920
Boston
Scientific
Corp.*
17,647
1,443,348
Cooper
Cos.,
Inc.
(The)*
2,385
252,166
Dexcom,
Inc.*
4,774
331,029
Edwards
Lifesciences
Corp.*
7,232
505,951
GE
HealthCare
Technologies,
Inc.
5,096
432,243
Hologic,
Inc.*
2,800
227,472
IDEXX
Laboratories,
Inc.*
991
476,998
Insulet
Corp.*
841
170,530
Intuitive
Surgical,
Inc.*
4,257
2,097,126
Medtronic
plc
15,940
1,411,965
ResMed,
Inc.
1,763
431,970
Solventum
Corp.*
1,659
106,358
STERIS
plc
1,186
285,945
Stryker
Corp.
4,067
1,465,828
Teleflex,
Inc.
565
138,521
Zimmer
Biomet
Holdings,
Inc.
2,469
285,071
13,699,722
Health
Care
Providers
&
Services
—
14.8%
Cardinal
Health,
Inc.
2,924
329,593
Cencora,
Inc.
1,986
475,786
Centene
Corp.*
6,404
504,827
Cigna
Group
(The)
3,409
1,233,410
CVS
Health
Corp.
15,066
862,378
DaVita,
Inc.*
621
93,721
Elevance
Health,
Inc.
2,790
1,553,723
HCA
Healthcare,
Inc.
2,326
920,142
Henry
Schein,
Inc.*
1,537
108,435
Humana,
Inc.
1,446
512,564
Labcorp
Holdings,
Inc.
1,012
232,649
McKesson
Corp.
1,560
875,285
Molina
Healthcare,
Inc.*
703
245,902
Quest
Diagnostics,
Inc.
1,333
209,241
UnitedHealth
Group,
Inc.
11,047
6,519,940
Universal
Health
Services,
Inc.,
Class
a
B
717
170,625
14,848,221
Life
Sciences
Tools
&
Services
—
7.4%
Agilent
Technologies,
Inc.
3,517
502,650
Investments
Shares
Value
Common
Stocks
(continued)
Bio-Rad
Laboratories,
Inc.,
Class
a
A*
245
$
82,643
Bio-Techne
Corp.
1,891
139,915
Charles
River
Laboratories
International,
Inc.*
618
122,210
Danaher
Corp.
7,911
2,130,511
IQVIA
Holdings,
Inc.*
2,186
549,888
Mettler-Toledo
International,
Inc.*
256
368,405
Revvity,
Inc.
1,480
181,359
Thermo
Fisher
Scientific,
Inc.
4,581
2,817,636
Waters
Corp.*
712
246,601
West
Pharmaceutical
Services,
Inc.
874
274,113
7,415,931
Pharmaceuticals
—
22.0%
Bristol-Myers
Squibb
Co.
24,333
1,215,433
Catalent,
Inc.*
2,171
132,344
Eli
Lilly
&
Co.
9,581
9,197,952
Johnson
&
Johnson
28,883
4,790,535
Merck
&
Co.,
Inc.
30,397
3,600,525
Pfizer,
Inc.
68,005
1,972,825
Viatris,
Inc.
14,290
172,623
Zoetis,
Inc.,
Class
a
A
5,476
1,004,791
22,087,028
Total
Common
Stocks
(Cost
$60,240,727)
69,377,984
Principal
Amount
Short-Term
Investments
—
12
.6
%
Repurchase
Agreements
(a)
—
6
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$6,837,417
(Cost
$6,833,404)
$
6,833,404
6,833,404
U.S.
Treasury
Obligations
(b)
—
5
.8
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)
900,000
892,663
5.07%,
11/21/2024
(c)
5,000,000
4,945,303
Total
U.S.
Treasury
Obligations
(Cost
$5,835,967)
5,837,966
Total
Short-Term
Investments
(Cost
$12,669,371)
12,671,370
Total
Investments
—
81.8%
(Cost
$72,910,098)
82,049,354
Other
assets
less
liabilities
—
18.2%
18,286,094
Net
Assets
—
100.0%
$
100,335,448
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
HEALTH
CARE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
33
RXL
::
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,337,071.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Ultra
Health
Care
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
41,157,243
3/6/2025
Bank
of
America
NA
5.78%
S&P
Health
Care
Select
Sector
Index
c
3,598,370
16,321,063
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Health
Care
Select
Sector
Index
c
2,298,104
1,215,267
4/7/2025
Citibank
NA
6.08%
S&P
Health
Care
Select
Sector
Index
c
154,979
10,713,702
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Health
Care
Select
Sector
Index
c
1,038,053
9,485,743
3/6/2025
Societe
Generale
6.38%
S&P
Health
Care
Select
Sector
Index
c
2,238,412
52,334,205
3/6/2025
UBS
AG
5.83%
S&P
Health
Care
Select
Sector
Index
c
7,963,736
131,227,223
17,291,654
Total
Unrealized
Appreciation
17,291,654
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
HIGH
YIELD
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
34
UJB
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
67
.6
%
Repurchase
Agreements
(a)
—
50
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$4,437,231
(Cost
$4,434,627)
$
4,434,627
$
4,434,627
U.S.
Treasury
Obligations
(b)
—
16
.9
%
U.S.
Treasury
Bills
5.01%,
12/5/2024
(c)                                                                            
(Cost
$1,480,464)
1,500,000
1,481,051
Total
Short-Term
Investments
(Cost
$5,915,091)
5,915,678
Total
Investments
—
67.6%
(Cost
$5,915,091)
5,915,678
Other
assets
less
liabilities
—
32.4%
2,831,815
Net
Assets
—
100.0%
$
8,747,493
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$385,052.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
High
Yield
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
9,594,608
3/6/2026
BNP
Paribas
SA
5.33%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
159,197
2,283,736
3/6/2025
Citibank
NA
5.08%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
628,304
2,502,624
11/7/2024
Goldman
Sachs
International
4.33%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
1,013,179
3,113,687
1/26/2026
UBS
AG
6.13%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
107,668
17,494,655
1,908,348
Total
Unrealized
Appreciation
1,908,348
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
INDUSTRIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
35
UXI
::
Investments
Shares
Value
Common
Stocks
—
59
.5
%
Aerospace
&
Defense
—
13.8%
Axon
Enterprise,
Inc.*
235
$
85,768
Boeing
Co.
(The)*
1,910
331,843
General
Dynamics
Corp.
752
225,119
General
Electric
Co.
3,623
632,676
Howmet
Aerospace,
Inc.
1,283
124,015
Huntington
Ingalls
Industries,
Inc.
131
37,043
L3Harris
Technologies,
Inc.
628
148,629
Lockheed
Martin
Corp.
707
401,647
Northrop
Grumman
Corp.
460
240,676
RTX
Corp.
4,400
542,696
Textron,
Inc.
631
57,547
TransDigm
Group,
Inc.
185
254,044
3,081,703
Air
Freight
&
Logistics
—
2.8%
CH
Robinson
Worldwide,
Inc.
388
40,162
Expeditors
International
of
Washington,
Inc.
467
57,632
FedEx
Corp.
749
223,779
United
Parcel
Service,
Inc.,
Class
a
B
2,414
310,320
631,893
Building
Products
—
3.8%
A
O
Smith
Corp.
400
33,488
Allegion
plc
289
40,125
Builders
FirstSource,
Inc.*
404
70,296
Carrier
Global
Corp.
2,773
201,819
Johnson
Controls
International
plc
2,230
162,456
Masco
Corp.
729
57,999
Trane
Technologies
plc
749
270,883
837,066
Commercial
Services
&
Supplies
—
4.1%
Cintas
Corp.
285
229,459
Copart,
Inc.*
2,896
153,372
Republic
Services,
Inc.,
Class
a
A
678
141,166
Rollins,
Inc.
930
46,668
Veralto
Corp.
727
81,737
Waste
Management,
Inc.
1,208
256,144
908,546
Construction
&
Engineering
—
0.6%
Quanta
Services,
Inc.
484
133,163
Electrical
Equipment
—
5.0%
AMETEK,
Inc.
766
131,024
Eaton
Corp.
plc
1,323
406,069
Emerson
Electric
Co.
1,893
199,503
GE
Vernova,
Inc.*
907
182,307
Generac
Holdings,
Inc.*
201
31,463
Hubbell,
Inc.,
Class
a
B
178
71,186
Rockwell
Automation,
Inc.
377
102,555
1,124,107
Investments
Shares
Value
Common
Stocks
(continued)
Ground
Transportation
—
7.2%
CSX
Corp.
6,470
$
221,727
JB
Hunt
Transport
Services,
Inc.
270
46,764
Norfolk
Southern
Corp.
748
191,607
Old
Dominion
Freight
Line,
Inc.
590
113,752
Uber
Technologies,
Inc.*
6,916
505,767
Union
Pacific
Corp.
2,019
517,046
1,596,663
Industrial
Conglomerates
—
3.1%
3M
Co.
1,831
246,617
Honeywell
International,
Inc.
2,155
448,046
694,663
Machinery
—
11.5%
Caterpillar,
Inc.
1,619
576,526
Cummins,
Inc.
453
141,721
Deere
&
Co.
857
330,579
Dover
Corp.
455
84,644
Fortive
Corp.
1,165
86,676
IDEX
Corp.
251
51,826
Illinois
Tool
Works,
Inc.
899
227,609
Ingersoll
Rand,
Inc.
1,335
122,086
Nordson
Corp.
180
46,181
Otis
Worldwide
Corp.
1,338
126,695
PACCAR,
Inc.
1,735
166,872
Parker-Hannifin
Corp.
425
255,085
Pentair
plc
549
48,691
Snap-on,
Inc.
174
49,371
Stanley
Black
&
Decker,
Inc.
509
52,101
Westinghouse
Air
Brake
Technologies
Corp.
584
99,029
Xylem,
Inc.
802
110,299
2,575,991
Passenger
Airlines
—
1.0%
American
Airlines
Group,
Inc.*
2,171
23,056
Delta
Air
Lines,
Inc.
2,136
90,759
Southwest
Airlines
Co.
1,981
57,290
United
Airlines
Holdings,
Inc.*
1,088
47,916
219,021
Professional
Services
—
4.7%
Automatic
Data
Processing,
Inc.
1,355
373,858
Broadridge
Financial
Solutions,
Inc.
391
83,228
Dayforce,
Inc.*
523
29,900
Equifax,
Inc.
409
125,616
Jacobs
Solutions,
Inc.
414
62,464
Leidos
Holdings,
Inc.
448
71,013
Paychex,
Inc.
1,060
139,072
Paycom
Software,
Inc.
159
25,882
Verisk
Analytics,
Inc.,
Class
a
A
472
128,771
1,039,804
Trading
Companies
&
Distributors
—
1.9%
Fastenal
Co.
1,895
129,391
ULTRA
INDUSTRIALS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
36
UXI
::
Investments
Shares
Value
Common
Stocks
(continued)
United
Rentals,
Inc.
220
$
163,077
WW
Grainger,
Inc.
145
142,813
435,281
Total
Common
Stocks
(Cost
$12,106,529)
13,277,901
Principal
Amount
Short-Term
Investments
—
1
.2
%
Repurchase
Agreements
(a)
—
1
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$265,886
(Cost
$265,729)
$
265,729
265,729
Total
Investments
—
60.7%
(Cost
$12,372,258)
13,543,630
Other
assets
less
liabilities
—
39.3%
8,772,291
Net
Assets
—
100.0%
$
22,315,921
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
Industrials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
10,287,719
3/6/2025
Bank
of
America
NA
5.63%
S&P
Industrials
Select
Sector
Index
c
1,426,533
5,022,080
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Industrials
Select
Sector
Index
c
1,875,573
5,387,418
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Industrials
Select
Sector
Index
c
642,267
4,219,924
3/6/2025
Societe
Generale
6.28%
S&P
Industrials
Select
Sector
Index
c
772,967
6,410,630
3/6/2025
UBS
AG
6.13%
S&P
Industrials
Select
Sector
Index
c
1,005,447
31,327,771
5,722,787
Total
Unrealized
Appreciation
5,722,787
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MATERIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
37
UYM
::
Investments
Shares
Value
Common
Stocks
(a)
—
71.4%
Chemicals
—
47.5%
Air
Products
and
Chemicals,
Inc.
6,704
$
1,869,410
Albemarle
Corp.
3,573
322,463
Celanese
Corp.,
Class
a
A
3,055
398,983
CF
Industries
Holdings,
Inc.
5,556
461,648
Corteva,
Inc.
21,188
1,214,072
Dow,
Inc.
21,378
1,145,433
DuPont
de
Nemours,
Inc.
12,710
1,070,818
Eastman
Chemical
Co.
3,577
366,178
Ecolab,
Inc.
7,664
1,940,372
FMC
Corp.
3,794
245,017
International
Flavors
&
Fragrances,
Inc.
7,763
807,274
Linde
plc
14,496
6,932,712
LyondellBasell
Industries
NV,
Class
a
A
7,821
771,933
Mosaic
Co.
(The)
9,771
279,157
PPG
Industries,
Inc.
7,155
928,218
Sherwin-Williams
Co.
(The)
7,035
2,598,518
21,352,206
Construction
Materials
—
4.4%
Martin
Marietta
Materials,
Inc.
1,874
1,001,016
Vulcan
Materials
Co.
4,020
985,744
1,986,760
Containers
&
Packaging
—
7.8%
Amcor
plc
43,938
502,651
Avery
Dennison
Corp.
2,449
543,311
Ball
Corp.
9,435
602,047
International
Paper
Co.
10,558
511,218
Packaging
Corp.
of
America
2,710
567,853
Smurfit
WestRock
plc
15,785
748,525
3,475,605
Metals
&
Mining
—
11.7%
Freeport-McMoRan,
Inc.
43,320
1,918,210
Newmont
Corp.
32,045
1,710,882
Nucor
Corp.
7,288
1,107,120
Steel
Dynamics,
Inc.
4,490
536,600
5,272,812
Total
Common
Stocks
(Cost
$29,792,186)
32,087,383
Principal
Amount
Short-Term
Investments
—
6.2%
Repurchase
Agreements
(b)
—
1.8%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$818,185
(Cost
$817,705)
$
817,705
817,705
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
—
4.4%
U.S.
Treasury
Bills
5.15%,
10/17/2024
(c)                                                                            
(Cost
$1,986,954)
$
2,000,000
$
1,987,558
Total
Short-Term
Investments
(Cost
$2,804,659)
2,805,263
Total
Investments
—
77.6%
(Cost
$32,596,845)
34,892,646
Other
assets
less
liabilities
—
22.4%
10,058,256
Net
Assets
—
100.0%
$
44,950,902
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$5,903,832.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
ULTRA
MATERIALS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
38
UYM
::
Swap
Agreements
Ultra
Materials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
18,637,169
3/6/2025
Bank
of
America
NA
5.68%
S&P
Materials
Select
Sector
Index
c
2,021,751
18,197,354
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Materials
Select
Sector
Index
c
1,552,452
7,328,921
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Materials
Select
Sector
Index
c
668,685
5,994,481
3/6/2025
Societe
Generale
6.28%
S&P
Materials
Select
Sector
Index
c
1,814,044
7,782,730
3/6/2025
UBS
AG
6.13%
S&P
Materials
Select
Sector
Index
c
1,406,298
57,940,655
7,463,230
Total
Unrealized
Appreciation
7,463,230
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
39
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
—
76
.4
%
Aerospace
&
Defense
—
1.0%
BWX
Technologies,
Inc.
3,579
$
368,637
Curtiss-Wright
Corp.
1,500
473,790
Hexcel
Corp.
3,254
205,946
Woodward,
Inc.
2,385
397,460
1,445,833
Air
Freight
&
Logistics
—
0.2%
GXO
Logistics,
Inc.*
4,677
234,084
Automobile
Components
—
0.8%
Adient
plc*
3,518
79,577
Autoliv,
Inc.
2,836
290,605
Gentex
Corp.
9,053
283,630
Goodyear
Tire
&
Rubber
Co.
(The)*
11,149
98,334
Lear
Corp.
2,224
259,430
Visteon
Corp.*
1,081
109,430
1,121,006
Automobiles
—
0.3%
Harley-Davidson,
Inc.
4,793
179,450
Thor
Industries,
Inc.
2,088
223,959
403,409
Banks
—
4.3%
Associated
Banc-Corp.
5,806
132,841
Bank
OZK
4,131
179,079
Cadence
Bank
7,154
230,931
Columbia
Banking
System,
Inc.
8,198
206,426
Commerce
Bancshares,
Inc.
4,616
295,239
Cullen/Frost
Bankers,
Inc.
2,516
282,371
East
West
Bancorp,
Inc.
5,448
458,013
First
Financial
Bankshares,
Inc.
5,035
184,130
First
Horizon
Corp.
21,415
355,275
FNB
Corp.
14,089
211,053
Glacier
Bancorp,
Inc.
4,440
210,012
Hancock
Whitney
Corp.
3,392
182,252
Home
BancShares,
Inc.
7,295
203,093
International
Bancshares
Corp.
2,094
132,299
New
York
Community
Bancorp,
Inc.
10,179
110,340
Old
National
Bancorp
12,366
245,465
Pinnacle
Financial
Partners,
Inc.
2,996
298,312
Prosperity
Bancshares,
Inc.
3,756
276,367
SouthState
Corp.
2,983
289,619
Synovus
Financial
Corp.
5,735
264,498
Texas
Capital
Bancshares,
Inc.*
1,827
122,811
UMB
Financial
Corp.
1,718
177,968
United
Bankshares,
Inc.
5,281
205,272
Valley
National
Bancorp
16,750
145,390
Webster
Financial
Corp.
6,716
318,540
Wintrust
Financial
Corp.
2,551
277,549
Zions
Bancorp
NA
5,782
286,556
6,281,701
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Beverages
—
0.4%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
358
$
97,276
Celsius
Holdings,
Inc.*
5,842
222,171
Coca-Cola
Consolidated,
Inc.
183
245,659
565,106
Biotechnology
—
2.4%
Arrowhead
Pharmaceuticals,
Inc.*
4,864
115,909
BioMarin
Pharmaceutical,
Inc.*
7,436
678,238
Cytokinetics,
Inc.*
4,490
256,289
Exelixis,
Inc.*
11,407
296,924
Halozyme
Therapeutics,
Inc.*
4,984
318,228
Neurocrine
Biosciences,
Inc.*
3,941
500,744
Roivant
Sciences
Ltd.*
13,255
162,109
Sarepta
Therapeutics,
Inc.*
3,701
502,522
United
Therapeutics
Corp.*
1,737
631,486
3,462,449
Broadline
Retail
—
0.3%
Macy's,
Inc.
10,776
167,783
Nordstrom,
Inc.
3,836
85,696
Ollie's
Bargain
Outlet
Holdings,
Inc.*
2,400
214,944
468,423
Building
Products
—
2.8%
AAON,
Inc.
2,672
255,203
Advanced
Drainage
Systems,
Inc.
2,668
418,236
Carlisle
Cos.,
Inc.
1,859
787,844
Fortune
Brands
Innovations,
Inc.
4,898
388,950
Lennox
International,
Inc.
1,255
740,689
Owens
Corning
3,393
572,501
Simpson
Manufacturing
Co.,
Inc.
1,650
302,049
Trex
Co.,
Inc.*
4,256
271,277
UFP
Industries,
Inc.
2,418
294,198
4,030,947
Capital
Markets
—
2.3%
Affiliated
Managers
Group,
Inc.
1,248
216,940
Carlyle
Group,
Inc.
(The)
8,455
339,299
Evercore,
Inc.,
Class
a
A
1,388
341,087
Federated
Hermes,
Inc.,
Class
a
B
3,143
107,805
Houlihan
Lokey,
Inc.,
Class
a
A
2,051
321,228
Interactive
Brokers
Group,
Inc.,
Class
a
A
4,194
540,565
Janus
Henderson
Group
plc
5,027
189,065
Jefferies
Financial
Group,
Inc.
6,642
398,188
Morningstar,
Inc.
1,021
320,359
SEI
Investments
Co.
3,910
264,433
Stifel
Financial
Corp.
4,012
353,618
3,392,587
ULTRA
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
40
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Chemicals
—
1.6%
Arcadium
Lithium
plc*
40,422
$
109,544
Ashland,
Inc.
1,962
175,599
Avient
Corp.
3,573
175,541
Axalta
Coating
Systems
Ltd.*
8,640
315,360
Cabot
Corp.
2,164
227,458
Chemours
Co.
(The)
5,832
113,374
NewMarket
Corp.
270
154,918
Olin
Corp.
4,677
204,245
RPM
International,
Inc.
5,042
586,132
Scotts
Miracle-Gro
Co.
(The)
1,645
116,762
Westlake
Corp.
1,259
183,109
2,362,042
Commercial
Services
&
Supplies
—
1.6%
Brink's
Co.
(The)
1,742
193,240
Clean
Harbors,
Inc.*
1,964
482,948
MSA
Safety,
Inc.
1,449
264,631
RB
Global,
Inc.
7,194
619,619
Stericycle,
Inc.*
3,634
215,351
Tetra
Tech,
Inc.
2,095
498,065
2,273,854
Communications
Equipment
—
0.3%
Ciena
Corp.*
5,662
326,414
Lumentum
Holdings,
Inc.*
2,647
152,494
478,908
Construction
&
Engineering
—
1.9%
AECOM
5,331
533,846
Comfort
Systems
USA,
Inc.
1,395
493,161
EMCOR
Group,
Inc.
1,841
723,624
Fluor
Corp.*
6,704
335,669
MasTec,
Inc.*
2,379
269,136
MDU
Resources
Group,
Inc.
7,984
205,109
Valmont
Industries,
Inc.
791
226,036
2,786,581
Construction
Materials
—
0.4%
Eagle
Materials,
Inc.
1,349
347,705
Knife
River
Corp.*
2,217
174,855
522,560
Consumer
Finance
—
0.6%
Ally
Financial,
Inc.
10,713
462,695
FirstCash
Holdings,
Inc.
1,460
175,331
SLM
Corp.
8,604
189,804
827,830
Consumer
Staples
Distribution
&
Retail
—
1.6%
BJ's
Wholesale
Club
Holdings,
Inc.*
5,207
416,352
Casey's
General
Stores,
Inc.
1,449
524,987
Performance
Food
Group
Co.*
6,093
454,781
Sprouts
Farmers
Market,
Inc.*
3,935
409,437
US
Foods
Holding
Corp.*
8,857
524,423
2,329,980
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Containers
&
Packaging
—
1.3%
AptarGroup,
Inc.
2,594
$
397,375
Berry
Global
Group,
Inc.
4,480
308,493
Crown
Holdings,
Inc.
4,672
422,395
Graphic
Packaging
Holding
Co.
12,034
360,178
Greif,
Inc.,
Class
a
A
1,009
63,083
Silgan
Holdings,
Inc.
3,178
166,114
Sonoco
Products
Co.
3,848
217,681
1,935,319
Diversified
Consumer
Services
—
0.9%
Duolingo,
Inc.,
Class
a
A*
1,448
307,801
Graham
Holdings
Co.,
Class
a
B
136
108,146
Grand
Canyon
Education,
Inc.*
1,148
166,471
H&R
Block,
Inc.
5,463
345,863
Service
Corp.
International
5,702
446,296
1,374,577
Diversified
REITs
—
0.4%
WP
Carey,
Inc.,
REIT
8,569
514,311
Diversified
Telecommunication
Services
—
0.3%
Frontier
Communications
Parent,
Inc.*
8,760
252,288
Iridium
Communications,
Inc.
4,755
122,679
374,967
Electric
Utilities
—
0.7%
ALLETE,
Inc.
2,259
143,560
IDACORP,
Inc.
1,985
202,291
OGE
Energy
Corp.
7,853
310,665
Portland
General
Electric
Co.
4,035
194,124
TXNM
Energy,
Inc.
3,532
144,741
995,381
Electrical
Equipment
—
1.2%
Acuity
Brands,
Inc.
1,195
304,366
EnerSys
1,583
160,405
NEXTracker,
Inc.,
Class
a
A*
4,813
195,745
nVent
Electric
plc
6,501
441,808
Regal
Rexnord
Corp.
2,604
436,977
Sensata
Technologies
Holding
plc
5,903
227,561
1,766,862
Electronic
Equipment,
Instruments
&
Components
—
1.9%
Arrow
Electronics,
Inc.*
2,084
281,507
Avnet,
Inc.
3,540
195,337
Belden,
Inc.
1,593
170,897
Cognex
Corp.
6,723
271,475
Coherent
Corp.*
5,194
404,872
Crane
NXT
Co.
1,901
111,684
IPG
Photonics
Corp.*
1,124
76,848
Littelfuse,
Inc.
971
264,306
Novanta,
Inc.*
1,406
257,692
TD
SYNNEX
Corp.
3,043
369,481
Vishay
Intertechnology,
Inc.
4,901
98,755
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
41
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Vontier
Corp.
6,046
$
211,791
2,714,645
Energy
Equipment
&
Services
—
0.7%
ChampionX
Corp.
7,456
232,105
NOV,
Inc.
15,489
275,240
Valaris
Ltd.*
2,439
148,925
Weatherford
International
plc
2,865
300,653
956,923
Entertainment
—
0.3%
TKO
Group
Holdings,
Inc.,
Class
a
A
2,306
272,638
Warner
Music
Group
Corp.,
Class
a
A
5,545
158,643
431,281
Financial
Services
—
1.4%
Equitable
Holdings,
Inc.
11,972
509,050
Essent
Group
Ltd.
4,177
268,539
Euronet
Worldwide,
Inc.*
1,707
184,202
MGIC
Investment
Corp.
10,440
265,489
Voya
Financial,
Inc.
3,944
279,354
Western
Union
Co.
(The)
13,250
161,650
WEX,
Inc.*
1,640
313,273
1,981,557
Food
Products
—
0.8%
Darling
Ingredients,
Inc.*
6,257
261,104
Flowers
Foods,
Inc.
7,524
174,858
Ingredion,
Inc.
2,571
345,311
Lancaster
Colony
Corp.
797
136,096
Pilgrim's
Pride
Corp.*
1,577
73,457
Post
Holdings,
Inc.*
1,969
227,951
1,218,777
Gas
Utilities
—
0.7%
National
Fuel
Gas
Co.
3,599
215,076
New
Jersey
Resources
Corp.
3,869
179,174
ONE
Gas,
Inc.
2,215
152,702
Southwest
Gas
Holdings,
Inc.
2,358
171,474
Spire,
Inc.
2,262
149,224
UGI
Corp.
8,209
204,486
1,072,136
Ground
Transportation
—
1.2%
Avis
Budget
Group,
Inc.
712
58,377
Knight-Swift
Transportation
Holdings,
Inc.,
Class
a
A
6,328
331,461
Landstar
System,
Inc.
1,401
255,766
Ryder
System,
Inc.
1,717
249,377
Saia,
Inc.*
1,041
391,239
XPO,
Inc.*
4,555
522,094
1,808,314
Health
Care
Equipment
&
Supplies
—
1.3%
DENTSPLY
SIRONA,
Inc.
8,131
205,633
Enovis
Corp.*
1,955
91,104
Envista
Holdings
Corp.*
6,730
122,890
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Globus
Medical,
Inc.,
Class
a
A*
4,410
$
320,607
Haemonetics
Corp.*
1,989
150,329
Lantheus
Holdings,
Inc.*
2,714
288,959
LivaNova
plc*
2,121
106,877
Masimo
Corp.*
1,746
205,190
Neogen
Corp.*
7,720
133,170
Penumbra,
Inc.*
1,518
307,122
1,931,881
Health
Care
Providers
&
Services
—
1.7%
Acadia
Healthcare
Co.,
Inc.*
3,633
297,652
Amedisys,
Inc.*
1,278
125,257
Chemed
Corp.
592
347,012
Encompass
Health
Corp.
3,943
366,896
HealthEquity,
Inc.*
3,407
271,061
Option
Care
Health,
Inc.*
6,807
217,960
Progyny,
Inc.*
3,245
76,225
R1
RCM,
Inc.*
7,754
109,409
Tenet
Healthcare
Corp.*
3,825
634,338
2,445,810
Health
Care
REITs
—
0.6%
Healthcare
Realty
Trust,
Inc.,
Class
a
A,
REIT
14,824
263,867
Omega
Healthcare
Investors,
Inc.,
REIT
9,676
382,589
Sabra
Health
Care
REIT,
Inc.,
REIT
9,066
154,485
800,941
Health
Care
Technology
—
0.1%
Doximity,
Inc.,
Class
a
A*
4,784
175,956
Hotel
&
Resort
REITs
—
0.1%
Park
Hotels
&
Resorts,
Inc.,
REIT
8,248
126,029
Hotels,
Restaurants
&
Leisure
—
2.6%
Aramark
10,299
377,252
Boyd
Gaming
Corp.
2,638
158,333
Choice
Hotels
International,
Inc.(b)
936
119,424
Churchill
Downs,
Inc.
2,619
363,962
Hilton
Grand
Vacations,
Inc.*
2,680
103,394
Hyatt
Hotels
Corp.,
Class
a
A
1,769
268,746
Light
&
Wonder,
Inc.*
3,530
387,665
Marriott
Vacations
Worldwide
Corp.
1,281
94,794
Planet
Fitness,
Inc.,
Class
a
A*
3,428
278,388
Texas
Roadhouse,
Inc.,
Class
a
A
2,615
441,281
Travel
+
Leisure
Co.
2,791
123,530
Vail
Resorts,
Inc.
1,487
270,188
Wendy's
Co.
(The)
6,507
110,098
Wingstop,
Inc.
1,150
444,027
Wyndham
Hotels
&
Resorts,
Inc.
3,155
248,299
3,789,381
Household
Durables
—
1.5%
Helen
of
Troy
Ltd.*
932
49,750
ULTRA
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
42
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
KB
Home
2,880
$
241,085
Taylor
Morrison
Home
Corp.,
Class
a
A*
4,142
278,881
Tempur
Sealy
International,
Inc.
6,799
356,471
Toll
Brothers,
Inc.
4,079
587,661
TopBuild
Corp.*
1,238
486,559
Whirlpool
Corp.
2,140
214,621
2,215,028
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
Ormat
Technologies,
Inc.
2,106
156,960
Industrial
REITs
—
0.9%
EastGroup
Properties,
Inc.,
REIT
1,882
350,805
First
Industrial
Realty
Trust,
Inc.,
REIT
5,182
293,975
Rexford
Industrial
Realty,
Inc.,
REIT
8,512
433,431
STAG
Industrial,
Inc.,
REIT
7,130
289,335
1,367,546
Insurance
—
3.9%
American
Financial
Group,
Inc.
2,562
342,334
Brighthouse
Financial,
Inc.*
2,432
111,629
CNO
Financial
Group,
Inc.
4,239
148,026
Erie
Indemnity
Co.,
Class
a
A
977
496,541
Fidelity
National
Financial,
Inc.
10,165
599,328
First
American
Financial
Corp.
4,062
259,156
Hanover
Insurance
Group,
Inc.
(The)
1,408
206,962
Kemper
Corp.
2,370
148,149
Kinsale
Capital
Group,
Inc.
866
425,284
Old
Republic
International
Corp.
9,900
355,113
Primerica,
Inc.
1,347
354,571
Reinsurance
Group
of
America,
Inc.
2,577
568,898
RenaissanceRe
Holdings
Ltd.
2,070
527,415
RLI
Corp.
1,575
242,707
Ryan
Specialty
Holdings,
Inc.,
Class
a
A
4,009
259,102
Selective
Insurance
Group,
Inc.
2,380
216,532
Unum
Group
6,971
386,821
5,648,568
Interactive
Media
&
Services
—
0.1%
Ziff
Davis,
Inc.*
1,806
88,259
ZoomInfo
Technologies,
Inc.,
Class
a
A*
11,129
110,066
198,325
IT
Services
—
0.3%
ASGN,
Inc.*
1,797
172,799
Kyndryl
Holdings,
Inc.*
9,011
213,471
386,270
Leisure
Products
—
0.5%
Brunswick
Corp.
2,646
209,166
Mattel,
Inc.*
13,475
255,756
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Polaris,
Inc.
2,080
$
176,072
YETI
Holdings,
Inc.*
3,338
134,588
775,582
Life
Sciences
Tools
&
Services
—
1.8%
Avantor,
Inc.*
26,438
683,158
Azenta,
Inc.*
2,111
104,537
Bruker
Corp.
3,813
256,195
Illumina,
Inc.*
6,238
819,684
Medpace
Holdings,
Inc.*
922
327,559
Repligen
Corp.*
2,035
307,143
Sotera
Health
Co.*
4,878
75,316
2,573,592
Machinery
—
3.4%
AGCO
Corp.
2,425
220,772
Chart
Industries,
Inc.*
1,646
201,470
Crane
Co.
1,925
304,882
Donaldson
Co.,
Inc.
4,713
342,777
Esab
Corp.
2,224
233,453
Flowserve
Corp.
5,155
257,131
Graco,
Inc.
6,623
552,027
ITT,
Inc.
3,223
448,706
Lincoln
Electric
Holdings,
Inc.
2,228
431,363
Middleby
Corp.
(The)*
2,105
296,005
Oshkosh
Corp.
2,561
276,358
RBC
Bearings,
Inc.*
1,137
338,655
Terex
Corp.
2,635
149,589
Timken
Co.
(The)
2,537
214,453
Toro
Co.
(The)
4,088
378,549
Watts
Water
Technologies,
Inc.,
Class
a
A
1,074
211,256
4,857,446
Marine
Transportation
—
0.2%
Kirby
Corp.*
2,283
273,777
Media
—
0.4%
New
York
Times
Co.
(The),
Class
a
A
6,403
351,717
Nexstar
Media
Group,
Inc.,
Class
a
A
1,221
208,644
TEGNA,
Inc.
6,642
92,191
652,552
Metals
&
Mining
—
1.5%
Alcoa
Corp.
9,657
309,990
Cleveland-Cliffs,
Inc.*
18,620
243,177
Commercial
Metals
Co.
4,531
242,816
MP
Materials
Corp.*(b)
5,244
67,648
Reliance,
Inc.
2,249
644,676
Royal
Gold,
Inc.
2,574
360,798
United
States
Steel
Corp.
8,761
332,129
2,201,234
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.4%
Annaly
Capital
Management,
Inc.
19,597
395,076
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
43
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Starwood
Property
Trust,
Inc.
11,755
$
244,974
640,050
Multi-Utilities
—
0.2%
Black
Hills
Corp.
2,699
159,565
Northwestern
Energy
Group,
Inc.
2,400
130,536
290,101
Office
REITs
—
0.5%
COPT
Defense
Properties,
REIT
4,402
131,136
Cousins
Properties,
Inc.,
REIT
5,955
169,777
Kilroy
Realty
Corp.,
REIT
4,183
151,717
Vornado
Realty
Trust,
REIT
6,266
215,363
667,993
Oil,
Gas
&
Consumable
Fuels
—
3.2%
Antero
Midstream
Corp.
13,379
198,946
Antero
Resources
Corp.*
11,441
308,792
Chesapeake
Energy
Corp.(b)
4,362
324,925
Chord
Energy
Corp.
2,435
361,427
Civitas
Resources,
Inc.
3,606
221,156
CNX
Resources
Corp.*
6,002
166,075
DT
Midstream,
Inc.
3,803
298,878
HF
Sinclair
Corp.
5,869
288,403
Matador
Resources
Co.
4,544
257,736
Murphy
Oil
Corp.
5,676
211,601
Ovintiv,
Inc.
9,747
417,464
PBF
Energy,
Inc.,
Class
a
A
4,132
140,736
Permian
Resources
Corp.,
Class
a
A
20,112
286,395
Range
Resources
Corp.
9,501
283,890
Southwestern
Energy
Co.*
43,182
275,501
Texas
Pacific
Land
Corp.
729
633,421
4,675,346
Paper
&
Forest
Products
—
0.2%
Louisiana-Pacific
Corp.
2,497
242,334
Personal
Care
Products
—
0.5%
BellRing
Brands,
Inc.*
5,108
285,690
Coty,
Inc.,
Class
a
A*
14,273
133,881
elf
Beauty,
Inc.*
2,173
325,494
745,065
Pharmaceuticals
—
0.3%
Jazz
Pharmaceuticals
plc*
2,469
286,355
Perrigo
Co.
plc
5,339
155,365
441,720
Professional
Services
—
2.1%
CACI
International,
Inc.,
Class
a
A*
873
426,129
Concentrix
Corp.
1,835
138,047
ExlService
Holdings,
Inc.*
6,361
232,431
Exponent,
Inc.
1,984
214,807
FTI
Consulting,
Inc.*
1,374
313,698
Genpact
Ltd.
6,484
254,367
Insperity,
Inc.
1,401
131,680
Investments
Shares
Value
Common
Stocks
(a)
(continued)
KBR,
Inc.
5,258
$
364,695
ManpowerGroup,
Inc.
1,868
138,082
Maximus,
Inc.
2,380
219,579
Paylocity
Holding
Corp.*
1,702
274,703
Science
Applications
International
Corp.
2,008
262,225
2,970,443
Real
Estate
Management
&
Development
—
0.3%
Jones
Lang
LaSalle,
Inc.*
1,862
475,238
Residential
REITs
—
0.8%
American
Homes
4
Rent,
Class
a
A,
REIT
12,601
501,142
Equity
LifeStyle
Properties,
Inc.,
REIT
7,303
531,001
Independence
Realty
Trust,
Inc.,
REIT
8,798
182,822
1,214,965
Retail
REITs
—
0.8%
Agree
Realty
Corp.,
REIT
3,931
287,002
Brixmor
Property
Group,
Inc.,
REIT
11,799
323,175
Kite
Realty
Group
Trust,
REIT
8,599
224,262
NNN
REIT,
Inc.,
REIT
7,180
337,388
1,171,827
Semiconductors
&
Semiconductor
Equipment
—
1.9%
Allegro
MicroSystems,
Inc.*
3,759
92,208
Amkor
Technology,
Inc.
4,049
133,212
Cirrus
Logic,
Inc.*
2,112
307,697
Lattice
Semiconductor
Corp.*
5,386
255,081
MACOM
Technology
Solutions
Holdings,
Inc.*
2,146
234,408
MKS
Instruments,
Inc.
2,474
294,975
Onto
Innovation,
Inc.*
1,930
411,515
Power
Integrations,
Inc.
2,223
149,163
Rambus,
Inc.*
4,220
188,718
Silicon
Laboratories,
Inc.*
1,250
147,963
Synaptics,
Inc.*
1,546
125,875
Universal
Display
Corp.
1,709
331,068
Wolfspeed,
Inc.*
4,929
48,058
2,719,941
Software
—
2.0%
Altair
Engineering,
Inc.,
Class
a
A*
2,230
201,503
Appfolio,
Inc.,
Class
a
A*
822
190,696
Aspen
Technology,
Inc.*
1,091
255,447
Blackbaud,
Inc.*
1,583
132,339
CommVault
Systems,
Inc.*
1,700
264,180
Dolby
Laboratories,
Inc.,
Class
a
A
2,340
166,982
Dropbox,
Inc.,
Class
a
A*
9,462
237,874
Dynatrace,
Inc.*
9,419
476,790
Manhattan
Associates,
Inc.*
2,411
637,540
Qualys,
Inc.*
1,446
180,996
Teradata
Corp.*
3,787
106,945
2,851,292
ULTRA
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
44
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Specialized
REITs
—
1.4%
CubeSmart,
REIT
8,810
$
456,622
EPR
Properties,
REIT
2,963
140,654
Gaming
and
Leisure
Properties,
Inc.,
REIT
10,631
553,025
Lamar
Advertising
Co.,
Class
a
A,
REIT
3,438
432,432
National
Storage
Affiliates
Trust,
REIT
2,729
127,553
PotlatchDeltic
Corp.,
REIT
3,114
135,334
Rayonier,
Inc.,
REIT
5,364
165,265
2,010,885
Specialty
Retail
—
3.2%
Abercrombie
&
Fitch
Co.,
Class
a
A*
2,001
295,287
AutoNation,
Inc.*
962
171,217
Burlington
Stores,
Inc.*
2,500
670,600
Dick's
Sporting
Goods,
Inc.
2,280
540,269
Five
Below,
Inc.*
2,162
163,080
Floor
&
Decor
Holdings,
Inc.,
Class
a
A*
4,190
471,123
GameStop
Corp.,
Class
a
A*
10,552
247,128
Gap,
Inc.
(The)
8,483
190,274
Lithia
Motors,
Inc.,
Class
a
A
1,073
323,059
Murphy
USA,
Inc.
738
383,487
Penske
Automotive
Group,
Inc.
760
129,276
RH*
603
152,981
Valvoline,
Inc.*
5,045
212,899
Williams-Sonoma,
Inc.
5,032
675,948
4,626,628
Technology
Hardware,
Storage
&
Peripherals
—
0.4%
Pure
Storage,
Inc.,
Class
a
A*
11,967
613,787
Textiles,
Apparel
&
Luxury
Goods
—
1.0%
Capri
Holdings
Ltd.*
4,564
163,026
Carter's,
Inc.
1,429
94,171
Columbia
Sportswear
Co.
1,320
106,564
Crocs,
Inc.*
2,378
347,592
PVH
Corp.
2,217
218,796
Skechers
USA,
Inc.,
Class
a
A*
5,184
355,000
Under
Armour,
Inc.,
Class
a
A*
7,394
56,860
Under
Armour,
Inc.,
Class
a
C*
7,473
55,749
1,397,758
Trading
Companies
&
Distributors
—
1.3%
Applied
Industrial
Technologies,
Inc.
1,512
310,141
Core
&
Main,
Inc.,
Class
a
A*
6,697
321,657
GATX
Corp.
1,394
196,693
MSC
Industrial
Direct
Co.,
Inc.,
Class
a
A
1,786
146,881
Watsco,
Inc.
1,253
595,701
WESCO
International,
Inc.
1,712
283,131
1,854,204
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Water
Utilities
—
0.3%
Essential
Utilities,
Inc.
9,854
$
384,207
Total
Common
Stocks
(Cost
$92,240,082)
110,703,012
Securities
Lending
Reinvestments
(c)
—
0
.1
%
Investment
Companies
—
0
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(d)
(Cost
$172,408)
172,408
172,408
Principal
Amount
Short-Term
Investments
—
0
.7
%
Repurchase
Agreements
(e)
—
0
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$978,200
(Cost
$977,625)
$
977,625
977,625
Total
Investments
—
77.2%
(Cost
$93,390,115)
111,853,045
Other
assets
less
liabilities
—
22.8%
32,988,997
Net
Assets
—
100.0%
$
144,842,042
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$138,364.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$460,679,
collateralized
in
the
form
of
cash
with
a
value
of
$172,408
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$355,053
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.13%
–
5.38%,
and
maturity
dates
ranging
from
April
30,
2025
–
February
15,
2051.
The
total
value
of
collateral
is
$527,461.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$172,408.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
45
MVV
::
Futures
Contracts
Purchased
Ultra
MidCap400
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
S&P
Midcap
400
E-Mini
Index
37
9/20/2024
U.S.
Dollar
$
11,462,970
$
461,536
Swap
Agreements
Ultra
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
24,098,398
2/11/2025
Bank
of
America
NA
5.98%
S&P
MidCap
400
®
2,936,391
28,642,933
2/11/2025
BNP
Paribas
SA
5.88%
S&P
MidCap
400
®
3,404,705
14,554,876
3/6/2025
Citibank
NA
5.83%
S&P
MidCap
400
®
1,977,477
16,539,632
11/7/2024
Goldman
Sachs
International
5.98%
S&P
MidCap
400
®
2,802,083
35,942,781
11/7/2024
Goldman
Sachs
International
5.75%
SPDR
®
S&P
MidCap
400
®
ETF
Trust
3,191,709
52,482,413
5,993,792
15,507,064
1/26/2026
Morgan
Stanley
&
Co.
International
plc
6.18%
S&P
MidCap
400
®
452,791
18,020,470
11/14/2024
Societe
Generale
6.05%
S&P
MidCap
400
®
1,909,235
14,236,450
11/7/2024
UBS
AG
6.13%
S&P
MidCap
400
®
1,610,302
167,542,604
18,284,693
Total
Unrealized
Appreciation
18,284,693
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
MSCI
BRAZIL
CAPPED
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
46
UBR
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
128
.5
%
Repurchase
Agreements
(a)
—
38
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$844,643
(Cost
$844,147)
$
844,147
$
844,147
U.S.
Treasury
Obligations
(b)
—
90
.1
%
U.S.
Treasury
Bills
5.27%,
11/21/2024
(c)                                                                            
(Cost
$1,976,787)
2,000,000
1,978,121
Total
Short-Term
Investments
(Cost
$2,820,934)
2,822,268
Total
Investments
—
128.5%
(Cost
$2,820,934)
2,822,268
Liabilities
in
excess
of
other
assets
—
(28.5%)
(
625,579
)
Net
Assets
—
100.0%
$
2,196,689
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,602,225.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
MSCI
Brazil
Capped
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
739,298
4/10/2025
Bank
of
America
NA
5.63%
iShares
®
MSCI
Brazil
Capped
ETF
(
37,600
)
2,340,257
11/14/2024
Citibank
NA
5.63%
iShares
®
MSCI
Brazil
Capped
ETF
(
263,491
)
380,651
11/14/2024
Goldman
Sachs
International
5.83%
iShares
®
MSCI
Brazil
Capped
ETF
(
234,551
)
105,264
11/14/2024
Morgan
Stanley
&
Co.
International
plc
6.03%
iShares
®
MSCI
Brazil
Capped
ETF
10,175
371,081
11/14/2024
Societe
Generale
5.63%
iShares
®
MSCI
Brazil
Capped
ETF
(
191,359
)
461,459
11/14/2024
UBS
AG
5.73%
iShares
®
MSCI
Brazil
Capped
ETF
(
231,069
)
4,398,010
(
947,895
)
Total
Unrealized
Appreciation
10,175
Total
Unrealized
Depreciation
(
958,070
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MSCI
EAFE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
47
EFO
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
66
.6
%
Repurchase
Agreements
(a)
—
39
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$3,709,661
(Cost
$3,707,485)
$
3,707,485
$
3,707,485
U.S.
Treasury
Obligations
(b)
—
26
.7
%
U.S.
Treasury
Bills
5.19%,
11/19/2024
(c)                                                                            
(Cost
$2,471,993)
2,500,000
2,473,371
Total
Short-Term
Investments
(Cost
$6,179,478)
6,180,856
Total
Investments
—
66.6%
(Cost
$6,179,478)
6,180,856
Other
assets
less
liabilities
—
33.4%
3,106,277
Net
Assets
—
100.0%
$
9,287,133
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,399,170.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
MSCI
EAFE
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
6,721,597
4/10/2025
Bank
of
America
NA
5.63%
iShares
®
MSCI
EAFE
ETF
1,637,143
2,676,835
11/14/2024
Citibank
NA
5.73%
iShares
®
MSCI
EAFE
ETF
482,400
2,012,633
3/6/2025
Goldman
Sachs
International
5.73%
iShares
®
MSCI
EAFE
ETF
250,032
3,338
11/14/2024
Morgan
Stanley
&
Co.
International
plc
6.03%
iShares
®
MSCI
EAFE
ETF
524
1,835,735
11/14/2024
Societe
Generale
5.98%
iShares
®
MSCI
EAFE
ETF
209,706
5,346,996
3/6/2025
UBS
AG
5.73%
iShares
®
MSCI
EAFE
ETF
562,131
18,597,134
3,141,936
Total
Unrealized
Appreciation
3,141,936
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
MSCI
EMERGING
MARKETS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
48
EET
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.8
%
Repurchase
Agreements
(a)
—
39
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$7,652,984
(Cost
$7,648,491)
$
7,648,491
$
7,648,491
U.S.
Treasury
Obligations
(b)
—
52
.3
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)
250,000
247,962
5.01%,
12/5/2024
(c)
10,000,000
9,873,675
Total
U.S.
Treasury
Obligations
(Cost
$10,117,637)
10,121,637
Total
Short-Term
Investments
(Cost
$17,766,128)
17,770,128
Total
Investments
—
91.8%
(Cost
$17,766,128)
17,770,128
Other
assets
less
liabilities
—
8.2%
1,585,018
Net
Assets
—
100.0%
$
19,355,146
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$5,256,185.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
MSCI
Emerging
Markets
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
4,427,330
3/6/2025
Bank
of
America
NA
5.58%
iShares
®
MSCI
Emerging
Markets
ETF
(
49,623
)
9,029,706
11/14/2024
Citibank
NA
5.48%
iShares
®
MSCI
Emerging
Markets
ETF
15,488
7,723,673
3/6/2025
Goldman
Sachs
International
5.78%
iShares
®
MSCI
Emerging
Markets
ETF
32,873
111,394
11/14/2024
Morgan
Stanley
&
Co.
International
plc
6.03%
iShares
®
MSCI
Emerging
Markets
ETF
5,479
9,565,078
11/14/2024
Societe
Generale
6.13%
iShares
®
MSCI
Emerging
Markets
ETF
139,053
7,866,893
11/14/2024
UBS
AG
5.73%
iShares
®
MSCI
Emerging
Markets
ETF
353,359
38,724,074
496,629
Total
Unrealized
Appreciation
546,252
Total
Unrealized
Depreciation
(
49,623
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
MSCI
JAPAN
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
49
EZJ
::
Investments
Shares
Value
Exchange
Traded
Funds
—
33
.8
%
iShares
MSCI
Japan
ETF
(Cost
$2,509,826)
46,250
$
3,328,613
Principal
Amount
Short-Term
Investments
—
46
.7
%
Repurchase
Agreements
(a)
—
23
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$2,338,051
(Cost
$2,336,681)
$
2,336,681
2,336,681
U.S.
Treasury
Obligations
(b)
—
23
.0
%
U.S.
Treasury
Bills
5.00%,
11/26/2024
(c)                                                                            
(Cost
$2,272,943)
2,300,000
2,273,371
Total
Short-Term
Investments
(Cost
$4,609,624)
4,610,052
Total
Investments
—
80.5%
(Cost
$7,119,450)
7,938,665
Other
assets
less
liabilities
—
19.5%
1,923,399
Net
Assets
—
100.0%
$
9,862,064
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,544,894.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
Ultra
MSCI
Japan
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,020,453
3/6/2025
Bank
of
America
NA
5.68%
iShares
®
MSCI
Japan
ETF
252,957
2,574,097
4/10/2025
Citibank
NA
5.83%
iShares
®
MSCI
Japan
ETF
553,595
1,073,661
3/6/2025
Goldman
Sachs
International
5.98%
iShares
®
MSCI
Japan
ETF
138,284
216,748
11/14/2024
Morgan
Stanley
&
Co.
International
plc
6.03%
iShares
®
MSCI
Japan
ETF
31,740
4,654,209
11/14/2024
Societe
Generale
5.93%
iShares
®
MSCI
Japan
ETF
(
251,196
)
4,886,201
11/14/2024
UBS
AG
5.83%
iShares
®
MSCI
Japan
ETF
422,713
16,425,369
1,148,093
Total
Unrealized
Appreciation
1,399,289
Total
Unrealized
Depreciation
(
251,196
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
NASDAQ
BIOTECHNOLOGY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
50
BIB
::
Investments
Shares
Value
Common
Stocks
—
65
.4
%
Biotechnology
—
53.6%
4D
Molecular
Therapeutics,
Inc.*
3,103
$
46,576
89bio,
Inc.*
5,906
56,107
AC
Immune
SA*
5,921
19,125
ACADIA
Pharmaceuticals,
Inc.*
9,917
164,424
ACELYRIN,
Inc.*
5,944
28,412
ADMA
Biologics,
Inc.*
13,915
240,869
Agios
Pharmaceuticals,
Inc.*
3,408
156,461
Akero
Therapeutics,
Inc.*
4,151
112,907
Alector,
Inc.*
5,785
30,545
Alkermes
plc*
10,158
288,995
Allogene
Therapeutics,
Inc.*
12,534
32,964
Alnylam
Pharmaceuticals,
Inc.*
7,592
1,994,342
ALX
Oncology
Holdings,
Inc.*
3,128
7,257
Amarin
Corp.
plc,
ADR*
24,158
15,111
Amgen,
Inc.
14,567
4,862,902
Amicus
Therapeutics,
Inc.*
17,781
206,437
AnaptysBio,
Inc.*
1,640
62,468
Anavex
Life
Sciences
Corp.*(a)
5,079
30,576
Apellis
Pharmaceuticals,
Inc.*
7,286
283,425
Apogee
Therapeutics,
Inc.*
2,697
138,005
Arbutus
Biopharma
Corp.*
11,328
43,839
Arcellx,
Inc.*
3,211
220,724
Arcturus
Therapeutics
Holdings,
Inc.*
1,617
34,119
Arcutis
Biotherapeutics,
Inc.*
6,949
75,605
Ardelyx,
Inc.*
14,045
86,798
Argenx
SE,
ADR*
1,923
994,806
Arrowhead
Pharmaceuticals,
Inc.*
7,456
177,676
ARS
Pharmaceuticals,
Inc.*(a)
5,817
75,505
Ascendis
Pharma
A/S,
ADR*
3,477
481,391
Aurinia
Pharmaceuticals,
Inc.*
8,585
58,464
Autolus
Therapeutics
plc,
ADR*
11,974
47,058
Avidity
Biosciences,
Inc.*
5,741
252,604
Beam
Therapeutics,
Inc.*
4,940
131,799
BeiGene
Ltd.,
ADR*
2,567
492,299
Bicycle
Therapeutics
plc,
ADR*(a)
2,156
46,354
BioCryst
Pharmaceuticals,
Inc.*
12,388
107,652
Biogen,
Inc.*
8,740
1,789,602
BioMarin
Pharmaceutical,
Inc.*
11,398
1,039,612
Biomea
Fusion,
Inc.*
2,152
15,774
BioNTech
SE,
ADR*
5,886
519,263
Bluebird
Bio,
Inc.*(a)
11,427
6,416
Blueprint
Medicines
Corp.*
3,759
359,135
Bridgebio
Pharma,
Inc.*
11,233
312,839
Cabaletta
Bio,
Inc.*
2,898
16,316
Caribou
Biosciences,
Inc.*
5,422
11,712
Centessa
Pharmaceuticals
plc,
ADR*
3,479
46,967
Cogent
Biosciences,
Inc.*
5,739
61,637
Coherus
Biosciences,
Inc.*
6,887
9,573
Crinetics
Pharmaceuticals,
Inc.*
4,734
251,186
CRISPR
Therapeutics
AG*(a)
5,098
243,277
Cullinan
Therapeutics,
Inc.*
3,460
67,816
CureVac
NV*(a)
13,465
42,280
Cytokinetics,
Inc.*
6,883
392,882
Investments
Shares
Value
Common
Stocks
(continued)
Day
One
Biopharmaceuticals,
Inc.*
5,246
$
72,605
Denali
Therapeutics,
Inc.*
8,561
209,231
Disc
Medicine,
Inc.*
1,483
75,366
Dynavax
Technologies
Corp.*
7,857
88,156
Dyne
Therapeutics,
Inc.*
5,885
271,240
Editas
Medicine,
Inc.*
4,936
18,461
Erasca,
Inc.*
15,598
45,078
Exelixis,
Inc.*
17,487
455,187
Exscientia
plc,
ADR*(a)
2,941
16,352
Galapagos
NV,
ADR*(a)
1,220
35,526
Genmab
A/S,
ADR*(a)
2,516
69,945
Geron
Corp.*
35,605
169,124
Gilead
Sciences,
Inc.
69,325
5,476,675
GRAIL,
Inc.*
1,593
22,477
Grifols
SA,
ADR*
7,324
68,406
Halozyme
Therapeutics,
Inc.*
7,645
488,133
Humacyte,
Inc.*
7,148
43,245
Ideaya
Biosciences,
Inc.*
4,543
179,449
ImmunityBio,
Inc.*
41,515
163,984
Immunocore
Holdings
plc,
ADR*
2,238
80,299
Immunovant,
Inc.*
8,767
270,900
Incyte
Corp.*
13,491
885,819
Insmed,
Inc.*
9,678
740,077
Intellia
Therapeutics,
Inc.*
5,792
129,972
Ionis
Pharmaceuticals,
Inc.*
8,761
417,724
Iovance
Biotherapeutics,
Inc.*
16,799
195,876
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
9,540
48,272
iTeos
Therapeutics,
Inc.*
2,236
37,677
Janux
Therapeutics,
Inc.*
3,113
146,249
KalVista
Pharmaceuticals,
Inc.*
2,532
33,903
Keros
Therapeutics,
Inc.*
2,166
98,228
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
2,419
64,684
Krystal
Biotech,
Inc.*
1,714
334,436
Kura
Oncology,
Inc.*
4,573
96,307
Kymera
Therapeutics,
Inc.*
3,683
178,110
Legend
Biotech
Corp.,
ADR*
4,904
282,225
Lexicon
Pharmaceuticals,
Inc.*(a)
21,701
37,543
Lyell
Immunopharma,
Inc.*
15,304
22,191
MacroGenics,
Inc.*
3,760
13,198
Madrigal
Pharmaceuticals,
Inc.*
1,280
316,326
MannKind
Corp.*
16,346
102,326
MeiraGTx
Holdings
plc*
3,859
15,706
Merus
NV*
3,976
202,736
Mineralys
Therapeutics,
Inc.*
2,980
36,982
Mirum
Pharmaceuticals,
Inc.*
2,830
122,001
Moderna,
Inc.*
22,679
1,755,355
Myriad
Genetics,
Inc.*
5,430
153,832
Neurocrine
Biosciences,
Inc.*
6,041
767,569
Novavax,
Inc.*
8,429
104,351
Nurix
Therapeutics,
Inc.*
3,560
89,712
Nuvalent,
Inc.,
Class
a
A*
3,549
302,126
Olema
Pharmaceuticals,
Inc.*
3,356
39,601
ORIC
Pharmaceuticals,
Inc.*
4,047
41,967
Ovid
therapeutics,
Inc.*
4,259
4,813
Precigen,
Inc.*
15,153
16,668
AUGUST
31,
2024
(Unaudited)
::
ULTRA
NASDAQ
BIOTECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
51
BIB
::
Investments
Shares
Value
Common
Stocks
(continued)
Prime
Medicine,
Inc.*(a)
7,205
$
30,837
Protagonist
Therapeutics,
Inc.*
3,521
151,016
Prothena
Corp.
plc*
3,233
71,999
PTC
Therapeutics,
Inc.*
4,604
162,613
RAPT
Therapeutics,
Inc.*
2,096
4,307
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*(a)
13,823
100,631
Regeneron
Pharmaceuticals,
Inc.*
4,546
5,385,601
REGENXBIO,
Inc.*
2,956
36,122
Relay
Therapeutics,
Inc.*
7,967
54,096
Reneo
Pharmaceuticals,
Inc.*
2,006
2,969
Replimune
Group,
Inc.*
3,686
37,487
REVOLUTION
Medicines,
Inc.*
9,904
422,208
Rhythm
Pharmaceuticals,
Inc.*
3,660
173,081
Rocket
Pharmaceuticals,
Inc.*
5,453
102,789
Roivant
Sciences
Ltd.*
44,345
542,339
Sage
Therapeutics,
Inc.*
3,612
30,449
Sana
Biotechnology,
Inc.*
13,297
80,447
Sarepta
Therapeutics,
Inc.*
5,668
769,601
Savara,
Inc.*
8,295
35,420
Scholar
Rock
Holding
Corp.*
4,788
44,528
SpringWorks
Therapeutics,
Inc.*
4,447
185,484
Summit
Therapeutics,
Inc.*(a)
42,139
546,964
Syndax
Pharmaceuticals,
Inc.*
5,102
104,846
Tango
Therapeutics,
Inc.*
6,413
75,866
Taysha
Gene
Therapies,
Inc.*
11,227
25,148
Tourmaline
Bio,
Inc.
1,539
25,932
Travere
Therapeutics,
Inc.*
4,570
43,278
Twist
Bioscience
Corp.*
3,495
151,124
Ultragenyx
Pharmaceutical,
Inc.*
4,991
283,389
uniQure
NV*
2,913
17,041
United
Therapeutics
Corp.*
2,663
968,134
UroGen
Pharma
Ltd.*(a)
2,170
30,185
Vanda
Pharmaceuticals,
Inc.*
3,493
18,478
Vaxcyte,
Inc.*
6,531
527,444
Vera
Therapeutics,
Inc.,
Class
a
A*
3,283
124,163
Veracyte,
Inc.*
4,591
144,846
Vericel
Corp.*
2,918
150,715
Vertex
Pharmaceuticals,
Inc.*
9,786
4,852,780
Verve
Therapeutics,
Inc.*
5,039
33,761
Vir
Biotechnology,
Inc.*
8,167
67,459
Voyager
Therapeutics,
Inc.*
3,266
21,425
Xencor,
Inc.*
3,702
64,748
Xenon
Pharmaceuticals,
Inc.*
4,531
182,781
Y-mAbs
Therapeutics,
Inc.*
2,634
37,693
Zai
Lab
Ltd.,
ADR*(a)
3,090
61,615
Zentalis
Pharmaceuticals,
Inc.*
4,262
14,789
Zymeworks,
Inc.*
4,245
49,794
50,493,711
Health
Care
Equipment
&
Supplies
—
0.1%
Novocure
Ltd.*
6,459
125,563
Health
Care
Providers
&
Services
—
0.3%
23andMe
Holding
Co.,
Class
a
A*
19,421
6,116
Castle
Biosciences,
Inc.*
1,657
49,163
Guardant
Health,
Inc.*
7,345
187,885
Investments
Shares
Value
Common
Stocks
(continued)
PetIQ,
Inc.,
Class
a
A*
1,773
$
54,165
297,329
Life
Sciences
Tools
&
Services
—
2.5%
AbCellera
Biologics,
Inc.*
17,651
45,187
Adaptive
Biotechnologies
Corp.*
8,845
41,571
Fortrea
Holdings,
Inc.*
5,366
123,740
Illumina,
Inc.*
9,563
1,256,578
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
7,972
72,147
MaxCyte,
Inc.*
6,275
27,108
Medpace
Holdings,
Inc.*
1,860
660,802
Nautilus
Biotechnology,
Inc.,
Class
a
A*
7,518
19,547
OmniAb,
Inc.*
7,060
29,581
Pacific
Biosciences
of
California,
Inc.*(a)
16,350
22,400
2,298,661
Pharmaceuticals
—
8.9%
Aclaris
Therapeutics,
Inc.*
4,277
5,047
Amphastar
Pharmaceuticals,
Inc.*
2,936
143,101
Amylyx
Pharmaceuticals,
Inc.*
4,081
9,060
ANI
Pharmaceuticals,
Inc.*
1,258
80,198
Arvinas,
Inc.*
4,108
107,465
AstraZeneca
plc,
ADR
28,552
2,501,726
ATAI
Life
Sciences
NV*(a)
10,048
13,062
Atea
Pharmaceuticals,
Inc.*
5,055
19,462
Avadel
Pharmaceuticals
plc,
ADR*
5,770
87,531
Axsome
Therapeutics,
Inc.*
2,851
253,340
Collegium
Pharmaceutical,
Inc.*
1,964
75,535
Edgewise
Therapeutics,
Inc.*
5,607
105,131
Enliven
Therapeutics,
Inc.*
2,824
61,789
Evolus,
Inc.*
3,758
59,715
EyePoint
Pharmaceuticals,
Inc.*
3,128
27,996
Fulcrum
Therapeutics,
Inc.*
3,729
31,883
Harmony
Biosciences
Holdings,
Inc.*
3,409
122,656
Harrow,
Inc.*
2,124
85,937
HUTCHMED
China
Ltd.,
ADR*(a)
1,862
32,492
Innoviva,
Inc.*
3,749
72,656
Intra-Cellular
Therapies,
Inc.*
6,338
464,449
Jazz
Pharmaceuticals
plc*
3,785
438,984
Ligand
Pharmaceuticals,
Inc.*
1,079
114,158
Marinus
Pharmaceuticals,
Inc.*
3,298
4,617
Ocular
Therapeutix,
Inc.*
9,298
82,008
Pacira
BioSciences,
Inc.*
2,794
43,475
Phathom
Pharmaceuticals,
Inc.*(a)
3,513
58,035
Phibro
Animal
Health
Corp.,
Class
a
A
1,220
25,620
Pliant
Therapeutics,
Inc.*
3,621
48,123
Revance
Therapeutics,
Inc.*
6,258
41,115
Royalty
Pharma
plc,
Class
a
A
27,078
786,074
Sanofi
SA,
ADR
16,910
951,357
SIGA
Technologies,
Inc.
4,268
38,540
ULTRA
NASDAQ
BIOTECHNOLOGY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
52
BIB
::
Investments
Shares
Value
Common
Stocks
(continued)
Structure
Therapeutics,
Inc.,
ADR*
2,940
$
112,102
Supernus
Pharmaceuticals,
Inc.*
3,300
116,028
Tarsus
Pharmaceuticals,
Inc.*
2,268
61,485
Terns
Pharmaceuticals,
Inc.*
3,881
29,573
Theravance
Biopharma,
Inc.*
2,919
24,082
Third
Harmonic
Bio,
Inc.*(a)
2,458
28,390
Ventyx
Biosciences,
Inc.*
4,231
9,435
Verona
Pharma
plc,
ADR*
4,184
114,976
Viatris,
Inc.
71,475
863,418
WaVe
Life
Sciences
Ltd.*
7,350
42,189
Xeris
Biopharma
Holdings,
Inc.*
8,900
25,009
8,419,024
Total
Common
Stocks
(Cost
$69,740,672)
61,634,288
Number
of
Rights
Rights
—
0
.0
%
(b)
Biotechnology
—
0.0%(b)
Cartesian
Therapeutics,
Inc.*(c)
(Cost
$1,761)
9,785
1,761
Shares
Securities
Lending
Reinvestments
(d)
—
0
.9
%
Investment
Companies
—
0
.9
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(e)
(Cost
$880,257)
880,257
880,257
Principal
Amount
Short-Term
Investments
—
24
.0
%
Repurchase
Agreements
(f)
—
11
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$10,997,249
(Cost
$10,990,794)
$
10,990,794
10,990,794
U.S.
Treasury
Obligations
(g)
—
12
.3
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(h)
1,750,000
1,735,734
5.01%,
12/5/2024
(h)
10,000,000
9,873,675
Total
U.S.
Treasury
Obligations
(Cost
$11,604,912)
11,609,409
Total
Short-Term
Investments
(Cost
$22,595,706)
22,600,203
Total
Investments
—
90.3%
(Cost
$93,218,396)
85,116,509
Other
assets
less
liabilities
—
9.7%
9,176,370
Net
Assets
—
100.0%
$
94,292,879
*
Non-income
producing
security.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$884,592,
collateralized
in
the
form
of
cash
with
a
value
of
$880,257
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$40,720
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
October
31,
2024
–
August
15,
2049.
The
total
value
of
collateral
is
$920,977.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
Illiquid
security.
(d)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$880,257.
(e)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(f)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(g)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$8,205,408.
(h)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
ADR
American
Depositary
Receipt
AUGUST
31,
2024
(Unaudited)
::
ULTRA
NASDAQ
BIOTECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
53
BIB
::
Swap
Agreements
Ultra
Nasdaq
Biotechnology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
31,806,230
3/6/2025
Bank
of
America
NA
5.48%
Nasdaq
Biotechnology
Index
®
435,093
19,923,442
11/6/2025
BNP
Paribas
SA
5.63%
Nasdaq
Biotechnology
Index
®
3,112,992
4,325,452
3/6/2025
Citibank
NA
5.73%
Nasdaq
Biotechnology
Index
®
254,152
6,449,122
11/7/2024
Goldman
Sachs
International
6.08%
Nasdaq
Biotechnology
Index
®
513,602
3,334,406
1/26/2026
Morgan
Stanley
&
Co.
International
plc
6.13%
Nasdaq
Biotechnology
Index
®
224,097
5,516,660
11/14/2024
Societe
Generale
6.08%
Nasdaq
Biotechnology
Index
®
748,675
55,356,998
11/7/2024
UBS
AG
5.83%
Nasdaq
Biotechnology
Index
®
4,845,174
126,712,310
10,133,785
Total
Unrealized
Appreciation
10,133,785
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
NASDAQ
CLOUD
COMPUTING
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
54
SKYU
::
Investments
Shares
Value
Common
Stocks
—
63
.4
%
Broadline
Retail
—
2.4%
Amazon.com,
Inc.*
316
$
56,406
Communications
Equipment
—
4.4%
Arista
Networks,
Inc.*
187
66,082
Cisco
Systems,
Inc.
799
40,382
106,464
Diversified
Telecommunication
Services
—
1.9%
Lumen
Technologies,
Inc.*
8,651
45,418
Financial
Services
—
0.4%
Toast,
Inc.,
Class
a
A*
382
9,497
Health
Care
Technology
—
0.5%
Veeva
Systems,
Inc.,
Class
a
A*
53
11,471
Interactive
Media
&
Services
—
2.2%
Alphabet,
Inc.,
Class
a
A
321
52,445
IT
Services
—
13.9%
Akamai
Technologies,
Inc.*
401
40,838
Cloudflare,
Inc.,
Class
a
A*
548
45,013
DigitalOcean
Holdings,
Inc.*
643
24,067
Fastly,
Inc.,
Class
a
A*
1,176
7,080
International
Business
Machines
Corp.
335
67,714
MongoDB,
Inc.,
Class
a
A*
195
56,704
Shopify,
Inc.,
Class
a
A*
470
34,813
Snowflake,
Inc.,
Class
a
A*
69
7,882
Twilio,
Inc.,
Class
a
A*
486
30,501
Wix.com
Ltd.*
115
19,161
333,773
Media
—
0.4%
Trade
Desk,
Inc.
(The),
Class
a
A*
99
10,348
Professional
Services
—
0.9%
Paycom
Software,
Inc.
63
10,255
Paylocity
Holding
Corp.*
65
10,491
20,746
Software
—
31.0%
Adobe,
Inc.*
64
36,762
Appfolio,
Inc.,
Class
a
A*
39
9,048
Appian
Corp.,
Class
a
A*
348
11,289
AppLovin
Corp.,
Class
a
A*
341
31,669
Asana,
Inc.,
Class
a
A*
710
9,983
Atlassian
Corp.,
Class
a
A*
179
29,642
Blackbaud,
Inc.*
119
9,948
BlackLine,
Inc.*
195
9,662
Box,
Inc.,
Class
a
A*
341
11,117
Confluent,
Inc.,
Class
a
A*
1,070
22,705
Crowdstrike
Holdings,
Inc.,
Class
a
A*
29
8,041
Datadog,
Inc.,
Class
a
A*
84
9,766
DocuSign,
Inc.,
Class
a
A*
170
10,066
Dropbox,
Inc.,
Class
a
A*
412
10,358
Investments
Shares
Value
Common
Stocks
(continued)
Elastic
NV*
88
$
6,705
Five9,
Inc.*
594
19,157
Gitlab,
Inc.,
Class
a
A*
589
27,919
HubSpot,
Inc.*
44
21,959
Intuit,
Inc.
15
9,454
Klaviyo,
Inc.,
Class
a
A*
409
12,867
Microsoft
Corp.
134
55,897
Nutanix,
Inc.,
Class
a
A*
1,005
63,506
Open
Text
Corp.
316
10,055
Oracle
Corp.
474
66,972
Palo
Alto
Networks,
Inc.*
31
11,244
Q2
Holdings,
Inc.*
153
11,354
Qualys,
Inc.*
66
8,261
RingCentral,
Inc.,
Class
a
A*
564
18,798
Salesforce,
Inc.
118
29,842
SAP
SE,
ADR
102
22,411
ServiceNow,
Inc.*
42
35,910
Smartsheet,
Inc.,
Class
a
A*
249
12,151
Sprout
Social,
Inc.,
Class
a
A*
284
8,832
Workday,
Inc.,
Class
a
A*
44
11,580
Workiva,
Inc.,
Class
a
A*
361
28,219
Zoom
Video
Communications,
Inc.,
Class
a
A*
151
10,431
Zscaler,
Inc.*
55
10,999
Zuora,
Inc.,
Class
a
A*
913
8,025
742,604
Technology
Hardware,
Storage
&
Peripherals
—
5.4%
Dell
Technologies,
Inc.,
Class
a
C
200
23,108
Hewlett
Packard
Enterprise
Co.
1,574
30,488
NetApp,
Inc.
232
28,007
Pure
Storage,
Inc.,
Class
a
A*
924
47,392
128,995
Total
Common
Stocks
(Cost
$1,333,525)
1,518,167
Principal
Amount
Short-Term
Investments
—
26
.6
%
Repurchase
Agreements
(a)
—
26
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$636,435
(Cost
$636,060)
$
636,060
636,060
Total
Investments
—
90.0%
(Cost
$1,969,585)
2,154,227
Other
assets
less
liabilities
—
10.0%
240,119
Net
Assets
—
100.0%
$
2,394,346
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
NASDAQ
CLOUD
COMPUTING
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
55
SKYU
::
Abbreviations
ADR
American
Depositary
Receipt
Swap
Agreements
Ultra
Nasdaq
Cloud
Computing
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
1,690,254
11/6/2025
Bank
of
America
NA
5.43%
ISE
Cloud
Computing
Index
(
35,145
)
544,190
3/6/2026
BNP
Paribas
SA
5.88%
ISE
Cloud
Computing
Index
(
56,456
)
582,283
11/7/2024
Goldman
Sachs
International
6.08%
ISE
Cloud
Computing
Index
44,005
449,501
1/26/2026
UBS
AG
6.13%
ISE
Cloud
Computing
Index
697
3,266,228
(
46,899
)
Total
Unrealized
Appreciation
44,702
Total
Unrealized
Depreciation
(
91,601
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
NASDAQ
CYBERSECURITY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
56
UCYB
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
72
.2
%
Repurchase
Agreements
(a)
—
22
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$873,148
(Cost
$872,636)
$
872,636
$
872,636
U.S.
Treasury
Obligations
(b)
—
50
.0
%
U.S.
Treasury
Bills
5.09%,
12/10/2024
(c)                                                                            
(Cost
$1,972,167)
2,000,000
1,973,295
Total
Short-Term
Investments
(Cost
$2,844,803)
2,845,931
Total
Investments
—
72.2%
(Cost
$2,844,803)
2,845,931
Other
assets
less
liabilities
—
27.8%
1,093,724
Net
Assets
—
100.0%
$
3,939,655
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$504,165.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Ultra
Nasdaq
Cybersecurity
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
3,792,321
5/6/2025
Bank
of
America
NA
5.58%
First
Trust
Nasdaq
Cybersecurity
ETF
67,722
1,180,540
11/6/2025
BNP
Paribas
SA
5.93%
First
Trust
Nasdaq
Cybersecurity
ETF
344,681
1,504,194
11/7/2024
Goldman
Sachs
International
6.08%
First
Trust
Nasdaq
Cybersecurity
ETF
198,962
1,384,814
1/26/2026
UBS
AG
6.13%
First
Trust
Nasdaq
Cybersecurity
ETF
29,579
7,861,869
640,944
Total
Unrealized
Appreciation
640,944
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
QQQ
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
57
QLD
::
Investments
Shares
Value
Common
Stocks
(a)
—
71
.9
%
Automobiles
—
1.9%
Tesla,
Inc.*
574,893
$
123,090,340
Beverages
—
1.8%
Coca-Cola
Europacific
Partners
plc
141,292
11,372,593
Keurig
Dr
Pepper,
Inc.
417,008
15,266,663
Monster
Beverage
Corp.*
320,480
15,104,222
PepsiCo,
Inc.
422,913
73,113,200
114,856,678
Biotechnology
—
2.9%
Amgen,
Inc.
165,013
55,086,290
Biogen,
Inc.*
44,760
9,165,058
Gilead
Sciences,
Inc.
383,208
30,273,432
Moderna,
Inc.*
117,885
9,124,299
Regeneron
Pharmaceuticals,
Inc.*
33,308
39,459,654
Vertex
Pharmaceuticals,
Inc.*
79,365
39,356,310
182,465,043
Broadline
Retail
—
4.3%
Amazon.com,
Inc.*
1,239,402
221,233,257
MercadoLibre,
Inc.*
15,609
32,180,451
PDD
Holdings,
Inc.,
ADR*
205,490
19,749,644
273,163,352
Chemicals
—
1.1%
Linde
plc
147,893
70,729,827
Commercial
Services
&
Supplies
—
0.6%
Cintas
Corp.
31,174
25,098,811
Copart,
Inc.*
296,009
15,676,636
40,775,447
Communications
Equipment
—
1.0%
Cisco
Systems,
Inc.
1,239,305
62,634,475
Consumer
Staples
Distribution
&
Retail
—
2.0%
Costco
Wholesale
Corp.
136,474
121,786,668
Dollar
Tree,
Inc.*
67,102
5,669,448
127,456,116
Electric
Utilities
—
0.9%
American
Electric
Power
Co.,
Inc.
162,146
16,260,001
Constellation
Energy
Corp.
96,973
19,074,589
Exelon
Corp.
307,601
11,716,522
Xcel
Energy,
Inc.
170,954
10,467,513
57,518,625
Electronic
Equipment,
Instruments
&
Components
—
0.1%
CDW
Corp.
41,359
9,332,245
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
307,028
10,798,175
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Entertainment
—
1.9%
Electronic
Arts,
Inc.
81,888
$
12,432,236
Netflix,
Inc.*
132,593
92,994,101
Take-Two
Interactive
Software,
Inc.*
52,702
8,522,440
Warner
Bros
Discovery,
Inc.*
753,683
5,908,875
119,857,652
Financial
Services
—
0.4%
PayPal
Holdings,
Inc.*
321,725
23,302,542
Food
Products
—
0.7%
Kraft
Heinz
Co.
(The)
373,504
13,233,247
Mondelez
International,
Inc.,
Class
a
A
412,547
29,625,000
42,858,247
Ground
Transportation
—
0.5%
CSX
Corp.
601,277
20,605,763
Old
Dominion
Freight
Line,
Inc.
66,799
12,878,847
33,484,610
Health
Care
Equipment
&
Supplies
—
1.4%
Dexcom,
Inc.*
122,276
8,478,618
GE
HealthCare
Technologies,
Inc.
140,350
11,904,487
IDEXX
Laboratories,
Inc.*
25,339
12,196,421
Intuitive
Surgical,
Inc.*
109,086
53,739,036
86,318,562
Hotels,
Restaurants
&
Leisure
—
2.0%
Airbnb,
Inc.,
Class
a
A*
135,765
15,926,592
Booking
Holdings,
Inc.
10,432
40,781,088
DoorDash,
Inc.,
Class
a
A*
117,366
15,106,178
Marriott
International,
Inc.,
Class
a
A
87,825
20,611,649
Starbucks
Corp.
348,372
32,945,540
125,371,047
Industrial
Conglomerates
—
0.7%
Honeywell
International,
Inc.
200,314
41,647,284
Interactive
Media
&
Services
—
6.9%
Alphabet,
Inc.,
Class
a
A
699,555
114,293,296
Alphabet,
Inc.,
Class
a
C
668,965
110,452,811
Meta
Platforms,
Inc.,
Class
a
A
415,228
216,462,509
441,208,616
IT
Services
—
0.3%
Cognizant
Technology
Solutions
Corp.,
Class
a
A
152,889
11,890,177
MongoDB,
Inc.,
Class
a
A*
22,506
6,544,520
18,434,697
Life
Sciences
Tools
&
Services
—
0.1%
Illumina,
Inc.*
49,013
6,440,308
ULTRA
QQQ
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
58
QLD
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Machinery
—
0.2%
PACCAR,
Inc.
161,253
$
15,509,313
Media
—
1.2%
Charter
Communications,
Inc.,
Class
a
A*
44,327
15,405,406
Comcast
Corp.,
Class
a
A
1,204,050
47,644,258
Trade
Desk,
Inc.
(The),
Class
a
A*
136,932
14,313,502
77,363,166
Oil,
Gas
&
Consumable
Fuels
—
0.2%
Diamondback
Energy,
Inc.
54,890
10,709,588
Pharmaceuticals
—
0.2%
AstraZeneca
plc,
ADR
179,100
15,692,742
Professional
Services
—
1.0%
Automatic
Data
Processing,
Inc.
125,945
34,749,485
Paychex,
Inc.
110,678
14,520,954
Verisk
Analytics,
Inc.,
Class
a
A
43,872
11,969,159
61,239,598
Real
Estate
Management
&
Development
—
0.2%
CoStar
Group,
Inc.*
125,664
9,713,827
Semiconductors
&
Semiconductor
Equipment
—
17.2%
Advanced
Micro
Devices,
Inc.*
497,178
73,860,764
Analog
Devices,
Inc.
152,655
35,849,500
Applied
Materials,
Inc.
254,651
50,232,456
ARM
Holdings
plc,
ADR*(b)
36,365
4,832,181
ASML
Holding
NV
(Registered),
ADR
28,002
25,310,168
Broadcom,
Inc.
1,425,439
232,089,978
GLOBALFOUNDRIES,
Inc.*
169,652
7,919,355
Intel
Corp.
1,309,527
28,861,975
KLA
Corp.
41,444
33,960,457
Lam
Research
Corp.
40,205
33,008,707
Marvell
Technology,
Inc.
266,236
20,297,833
Microchip
Technology,
Inc.
165,188
13,571,846
Micron
Technology,
Inc.
340,667
32,785,792
NVIDIA
Corp.
2,929,515
349,696,206
NXP
Semiconductors
NV
78,662
20,165,790
ON
Semiconductor
Corp.*
132,363
10,307,107
QUALCOMM,
Inc.
343,322
60,184,347
Texas
Instruments,
Inc.
280,109
60,038,563
1,092,973,025
Software
—
11.2%
Adobe,
Inc.*
137,782
79,143,359
ANSYS,
Inc.*
26,875
8,638,162
Atlassian
Corp.,
Class
a
A*
49,007
8,115,559
Autodesk,
Inc.*
66,297
17,131,145
Cadence
Design
Systems,
Inc.*
83,728
22,516,971
Crowdstrike
Holdings,
Inc.,
Class
a
A*
70,968
19,678,007
Datadog,
Inc.,
Class
a
A*
94,889
11,031,795
Fortinet,
Inc.*
235,010
18,027,617
Intuit,
Inc.
85,962
54,178,410
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Microsoft
Corp.
885,105
$
369,212,700
Palo
Alto
Networks,
Inc.*
99,607
36,129,451
Roper
Technologies,
Inc.
32,966
18,276,680
Synopsys,
Inc.*
47,147
24,496,638
Workday,
Inc.,
Class
a
A*
65,214
17,163,673
Zscaler,
Inc.*
46,113
9,221,678
712,961,845
Specialty
Retail
—
0.6%
O'Reilly
Automotive,
Inc.*
18,116
20,470,536
Ross
Stores,
Inc.
103,106
15,528,795
35,999,331
Technology
Hardware,
Storage
&
Peripherals
—
6.7%
Apple,
Inc.
1,826,156
418,189,724
Super
Micro
Computer,
Inc.*
17,732
7,761,296
425,951,020
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Lululemon
Athletica,
Inc.*
37,130
9,634,121
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
176,098
12,023,971
Wireless
Telecommunication
Services
—
1.1%
T-Mobile
US,
Inc.
360,465
71,631,605
Total
Common
Stocks
(Cost
$4,334,526,918)
4,563,147,040
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(d)
Investment
Companies
—
0
.0
%
(d)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(e)
(Cost
$850,138)
850,138
850,138
Principal
Amount
Short-Term
Investments
—
11
.7
%
Repurchase
Agreements
(f)
—
1
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$66,972,312
(Cost
$66,933,003)
$
66,933,003
66,933,003
U.S.
Treasury
Obligations
(a)
—
10
.6
%
U.S.
Treasury
Bills
5.25%,
9/5/2024
(g)
270,000,000
269,921,776
5.04%,
11/26/2024
(g)
90,000,000
88,958,006
5.08%,
12/3/2024
(g)
75,000,000
74,067,250
5.26%,
12/19/2024
(g)
100,000,000
98,558,472
AUGUST
31,
2024
(Unaudited)
::
ULTRA
QQQ
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
59
QLD
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
(continued)
U.S.
Treasury
Bills
(continued)
5.25%,
12/26/2024
(g)
$
150,000,000
$
147,697,912
Total
U.S.
Treasury
Obligations
(Cost
$678,786,605)
679,203,416
Total
Short-Term
Investments
(Cost
$745,719,608)
746,136,419
Total
Investments
—
83.6%
(Cost
$5,081,096,664)
5,310,133,597
Other
assets
less
liabilities
—
16.4%
1,039,518,530
Net
Assets
—
100.0%
$
6,349,652,127
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$528,283,989.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$838,340,
collateralized
in
the
form
of
cash
with
a
value
of
$850,138
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$850,138.
(d)
Represents
less
than
0.05%
of
net
assets.
(e)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(f)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(g)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
ADR
American
Depositary
Receipt
Futures
Contracts
Purchased
Ultra
QQQ
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Nasdaq
100
E-Mini
Index
1,354
9/20/2024
U.S.
Dollar
$
531,390,840
$
5,540,348
Swap
Agreements
Ultra
QQQ
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
527,751,869
3/6/2025
Bank
of
America
NA
6.13%
Nasdaq-100
Index
®
116,728,036
783,357,518
11/6/2025
Barclays
Capital
6.13%
Nasdaq-100
Index
®
150,966,375
712,516,896
2/11/2025
BNP
Paribas
SA
6.08%
Nasdaq-100
Index
®
167,560,281
727,902,563
3/6/2025
Citibank
NA
6.28%
Nasdaq-100
Index
®
147,277,184
670,000,778
1/26/2026
Goldman
Sachs
International
6.08%
Nasdaq-100
Index
®
11,862,161
928,945,356
1/26/2026
Goldman
Sachs
International
5.88%
PowerShares
QQQ
Trust
SM
,
Series
1
25,900,816
1,598,946,134
37,762,977
400,438,411
4/7/2025
J.P.
Morgan
Securities
5.93%
Nasdaq-100
Index
®
75,710,996
581,425,532
1/26/2026
Morgan
Stanley
&
Co.
International
plc
6.18%
Nasdaq-100
Index
®
29,152,078
918,040,735
11/6/2025
Morgan
Stanley
&
Co.
International
plc
6.18%
PowerShares
QQQ
Trust
SM
,
Series
1
38,043,490
1,499,466,267
67,195,568
82,957,324
4/7/2026
Nomura
Global
Financial
6.23%
Nasdaq-100
Index
®
37,822
639,660,086
3/6/2026
Societe
Generale
6.43%
Nasdaq-100
Index
®
38,281,644
632,143,424
11/7/2024
UBS
AG
6.13%
Nasdaq-100
Index
®
206,091,129
7,605,140,492
1,007,612,012
Total
Unrealized
Appreciation
1,007,612,012
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
REAL
ESTATE
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
60
URE
::
Investments
Shares
Value
Common
Stocks
—
64
.8
%
Health
Care
REITs
—
7.6%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
6,973
$
833,762
Healthpeak
Properties,
Inc.,
REIT
31,173
694,534
Ventas,
Inc.,
REIT
17,933
1,113,819
Welltower,
Inc.,
REIT
26,489
3,196,692
5,838,807
Hotel
&
Resort
REITs
—
0.7%
Host
Hotels
&
Resorts,
Inc.,
REIT
31,236
552,877
Industrial
REITs
—
6.9%
Prologis,
Inc.,
REIT
41,018
5,242,921
Office
REITs
—
0.6%
BXP,
Inc.,
REIT
6,402
481,558
Real
Estate
Management
&
Development
—
3.9%
CBRE
Group,
Inc.,
Class
a
A*
13,362
1,538,501
CoStar
Group,
Inc.*
18,091
1,398,434
2,936,935
Residential
REITs
—
8.4%
AvalonBay
Communities,
Inc.,
REIT
6,291
1,420,067
Camden
Property
Trust,
REIT
4,719
590,819
Equity
Residential,
REIT
15,280
1,144,166
Essex
Property
Trust,
Inc.,
REIT
2,845
858,593
Invitation
Homes,
Inc.,
REIT
25,509
939,752
Mid-America
Apartment
Communities,
Inc.,
REIT
5,176
840,427
UDR,
Inc.,
REIT
13,422
597,413
6,391,237
Retail
REITs
—
8.4%
Federal
Realty
Investment
Trust,
REIT
3,307
380,305
Kimco
Realty
Corp.,
REIT
29,567
687,728
Realty
Income
Corp.,
REIT
38,579
2,396,142
Regency
Centers
Corp.,
REIT
7,286
529,619
Simon
Property
Group,
Inc.,
REIT
14,439
2,416,367
6,410,161
Specialized
REITs
—
28.3%
American
Tower
Corp.,
REIT
20,688
4,635,353
Crown
Castle,
Inc.,
REIT
19,250
2,156,385
Digital
Realty
Trust,
Inc.,
REIT
14,376
2,179,545
Equinix,
Inc.,
REIT
4,205
3,508,484
Extra
Space
Storage,
Inc.,
REIT
9,380
1,660,260
Iron
Mountain,
Inc.,
REIT
12,987
1,470,908
Public
Storage,
REIT
7,007
2,408,446
SBA
Communications
Corp.,
Class
a
A,
REIT
4,760
1,078,902
VICI
Properties,
Inc.,
Class
a
A,
REIT
46,217
1,547,345
Investments
Shares
Value
Common
Stocks
(continued)
Weyerhaeuser
Co.,
REIT
32,298
$
984,766
21,630,394
Total
Common
Stocks
(Cost
$48,022,021)
49,484,890
Principal
Amount
Short-Term
Investments
—
20
.6
%
Repurchase
Agreements
(a)
—
9
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$7,332,049
(Cost
$7,327,745)
$
7,327,745
7,327,745
U.S.
Treasury
Obligations
(b)
—
11
.0
%
U.S.
Treasury
Bills
5.15%,
10/17/2024
(c)
5,000,000
4,968,895
5.15%,
10/31/2024
(c)
3,500,000
3,471,467
Total
U.S.
Treasury
Obligations
(Cost
$8,437,693)
8,440,362
Total
Short-Term
Investments
(Cost
$15,765,438)
15,768,107
Total
Investments
—
85.4%
(Cost
$63,787,459)
65,252,997
Other
assets
less
liabilities
—
14.6%
11,145,533
Net
Assets
—
100.0%
$
76,398,530
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$8,425,042.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2024
(Unaudited)
::
ULTRA
REAL
ESTATE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
61
URE
::
Swap
Agreements
Ultra
Real
Estate
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
14,833,556
3/6/2025
Bank
of
America
NA
6.28%
S&P
Real
Estate
Select
Sector
Index
c
2,095,610
23,523,566
3/6/2025
BNP
Paribas
SA
6.03%
S&P
Real
Estate
Select
Sector
Index
c
1,871,886
4,751,052
4/7/2025
Citibank
NA
6.18%
S&P
Real
Estate
Select
Sector
Index
c
552,271
15,957,844
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Real
Estate
Select
Sector
Index
c
1,784,382
6,632,553
3/6/2025
Societe
Generale
6.43%
S&P
Real
Estate
Select
Sector
Index
c
783,511
37,600,977
3/6/2025
UBS
AG
6.13%
S&P
Real
Estate
Select
Sector
Index
c
3,735,035
103,299,548
10,822,695
Total
Unrealized
Appreciation
10,822,695
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
62
UWM
::
Investments
Shares
Value
Common
Stocks
—
73.7%
Aerospace
&
Defense
—
0.8%
AAR
Corp.*
2,859
$
188,065
AeroVironment,
Inc.*
2,172
442,567
AerSale
Corp.*
2,784
14,171
Archer
Aviation,
Inc.,
Class
a
A*(a)
19,363
65,834
Astronics
Corp.*
2,376
53,270
Byrna
Technologies,
Inc.*
1,434
16,620
Cadre
Holdings,
Inc.
2,160
78,300
Ducommun,
Inc.*
1,126
73,280
Eve
Holding,
Inc.*
1,472
4,136
Intuitive
Machines,
Inc.*(a)
2,361
11,734
Kratos
Defense
&
Security
Solutions,
Inc.*
12,272
281,520
Leonardo
DRS,
Inc.*
6,106
174,265
Mercury
Systems,
Inc.*
4,546
172,293
Moog,
Inc.,
Class
a
A
2,356
465,074
National
Presto
Industries,
Inc.
429
33,587
Park
Aerospace
Corp.
1,541
20,819
Redwire
Corp.*
1,860
12,555
Rocket
Lab
USA,
Inc.*(a)
28,855
180,921
Terran
Orbital
Corp.*(a)
12,788
3,133
Triumph
Group,
Inc.*
5,352
74,553
V2X,
Inc.*
1,020
57,783
Virgin
Galactic
Holdings,
Inc.*(a)
1,564
10,463
VirTra,
Inc.*
877
5,894
2,440,837
Air
Freight
&
Logistics
—
0.1%
Air
Transport
Services
Group,
Inc.*
4,251
71,672
Forward
Air
Corp.(a)
2,077
65,986
Hub
Group,
Inc.,
Class
a
A
5,063
238,619
Radiant
Logistics,
Inc.*
2,946
18,766
395,043
Automobile
Components
—
0.9%
Adient
plc*
7,541
170,578
American
Axle
&
Manufacturing
Holdings,
Inc.*
9,535
61,310
Cooper-Standard
Holdings,
Inc.*
1,401
21,646
Dana,
Inc.
10,830
122,271
Dorman
Products,
Inc.*
2,177
246,915
Fox
Factory
Holding
Corp.*
3,507
141,963
Gentherm,
Inc.*
2,606
131,707
Goodyear
Tire
&
Rubber
Co.
(The)*
23,632
208,434
Holley,
Inc.*
3,861
12,471
LCI
Industries
2,058
242,515
Luminar
Technologies,
Inc.,
Class
a
A*(a)
27,807
28,363
Modine
Manufacturing
Co.*
4,284
520,720
Patrick
Industries,
Inc.
1,792
231,562
Phinia,
Inc.
3,767
180,665
Solid
Power,
Inc.*
12,931
18,491
Standard
Motor
Products,
Inc.
1,795
57,997
Stoneridge,
Inc.*
2,264
32,466
Visteon
Corp.*
2,264
229,185
Investments
Shares
Value
Common
Stocks
(continued)
XPEL,
Inc.*(b)
2,094
$
90,649
2,749,908
Automobiles
—
0.1%
Canoo,
Inc.*(a)
4,927
7,489
Livewire
Group,
Inc.*(a)
1,509
9,929
Winnebago
Industries,
Inc.
2,371
141,454
158,872
Banks
—
7.5%
1st
Source
Corp.
1,522
93,519
ACNB
Corp.
687
28,868
Amalgamated
Financial
Corp.
1,485
48,990
Amerant
Bancorp,
Inc.,
Class
a
A
2,458
54,224
Ameris
Bancorp
5,460
336,500
Ames
National
Corp.
729
13,836
Arrow
Financial
Corp.
1,362
41,527
Associated
Banc-Corp.
12,421
284,193
Atlantic
Union
Bankshares
Corp.
7,418
294,346
Axos
Financial,
Inc.*
4,531
314,587
Banc
of
California,
Inc.
11,527
163,914
BancFirst
Corp.
1,653
175,879
Bancorp,
Inc.
(The)*
4,148
217,355
Bank
First
Corp.
813
76,455
Bank
of
Hawaii
Corp.
3,242
215,172
Bank
of
Marin
Bancorp
1,330
28,449
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
3,858
147,569
Bank7
Corp.
330
13,243
BankUnited,
Inc.
6,185
237,690
Bankwell
Financial
Group,
Inc.
536
16,337
Banner
Corp.
2,847
169,596
Bar
Harbor
Bankshares
1,240
39,754
BayCom
Corp.
880
20,266
BCB
Bancorp,
Inc.
1,239
15,376
Berkshire
Hills
Bancorp,
Inc.
3,603
99,227
Blue
Foundry
Bancorp*
1,719
19,029
Bridgewater
Bancshares,
Inc.*
1,670
24,081
Brookline
Bancorp,
Inc.
7,317
74,853
Burke
&
Herbert
Financial
Services
Corp.
1,076
71,274
Business
First
Bancshares,
Inc.
2,000
48,840
Byline
Bancorp,
Inc.
2,583
71,678
Cadence
Bank
15,109
487,719
California
BanCorp*
2,018
30,220
Camden
National
Corp.
1,205
48,176
Capital
Bancorp,
Inc.
763
19,518
Capital
City
Bank
Group,
Inc.
1,143
39,456
Capitol
Federal
Financial,
Inc.
10,289
61,837
Carter
Bankshares,
Inc.*
1,891
32,714
Cathay
General
Bancorp
5,773
253,954
Central
Pacific
Financial
Corp.
2,212
60,852
Chemung
Financial
Corp.
271
12,650
ChoiceOne
Financial
Services,
Inc.
583
18,160
Citizens
&
Northern
Corp.
1,234
24,853
Citizens
Financial
Services,
Inc.
375
21,338
City
Holding
Co.
1,215
144,269
Civista
Bancshares,
Inc.
1,272
21,586
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
63
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
CNB
Financial
Corp.
1,709
$
41,546
Coastal
Financial
Corp.*
932
50,020
Colony
Bankcorp,
Inc.
1,373
20,609
Columbia
Financial,
Inc.*
2,267
40,262
Community
Financial
System,
Inc.
4,339
265,373
Community
Trust
Bancorp,
Inc.
1,274
64,337
Community
West
Bancshares
1,403
28,621
ConnectOne
Bancorp,
Inc.
3,006
75,150
CrossFirst
Bankshares,
Inc.*
3,765
65,511
Customers
Bancorp,
Inc.*
2,456
127,270
CVB
Financial
Corp.
10,988
202,399
Dime
Community
Bancshares,
Inc.
2,940
76,469
Eagle
Bancorp,
Inc.
2,450
53,337
Eastern
Bankshares,
Inc.
16,004
271,588
Enterprise
Bancorp,
Inc.
812
25,164
Enterprise
Financial
Services
Corp.
3,070
162,434
Equity
Bancshares,
Inc.,
Class
a
A
1,207
49,234
Esquire
Financial
Holdings,
Inc.
585
35,995
ESSA
Bancorp,
Inc.
696
12,834
Farmers
&
Merchants
Bancorp,
Inc.
1,056
29,029
Farmers
National
Banc
Corp.
3,020
46,961
FB
Financial
Corp.
2,947
142,104
Fidelity
D&D
Bancorp,
Inc.
394
21,268
Financial
Institutions,
Inc.
1,259
32,759
First
Bancorp
3,321
141,076
First
Bancorp
13,652
291,880
First
Bancorp,
Inc.
(The)
888
24,766
First
Bancshares,
Inc.
(The)
2,549
87,329
First
Bank
1,749
26,917
First
Busey
Corp.
4,419
119,534
First
Business
Financial
Services,
Inc.
654
29,672
First
Commonwealth
Financial
Corp.
8,389
144,459
First
Community
Bankshares,
Inc.
1,421
62,695
First
Financial
Bancorp
7,831
207,287
First
Financial
Bankshares,
Inc.
10,792
394,663
First
Financial
Corp.
949
42,420
First
Financial
Northwest,
Inc.
581
13,189
First
Foundation,
Inc.
4,339
30,547
First
Internet
Bancorp
673
24,423
First
Interstate
BancSystem,
Inc.,
Class
a
A
6,500
201,825
First
Merchants
Corp.
4,837
188,643
First
Mid
Bancshares,
Inc.
1,897
76,411
First
of
Long
Island
Corp.
(The)
1,774
22,654
First
Western
Financial,
Inc.*
662
12,737
Five
Star
Bancorp
1,350
39,353
Flushing
Financial
Corp.
2,284
33,346
FS
Bancorp,
Inc.
552
24,194
Fulton
Financial
Corp.
14,819
286,748
FVCBankcorp,
Inc.*
1,361
16,781
German
American
Bancorp,
Inc.
2,364
94,820
Glacier
Bancorp,
Inc.
9,450
446,985
Great
Southern
Bancorp,
Inc.
715
42,585
Investments
Shares
Value
Common
Stocks
(continued)
Greene
County
Bancorp,
Inc.(a)
581
$
19,806
Guaranty
Bancshares,
Inc.
661
22,996
Hancock
Whitney
Corp.
7,196
386,641
Hanmi
Financial
Corp.
2,494
49,406
HarborOne
Bancorp,
Inc.
3,294
43,481
HBT
Financial,
Inc.
1,063
23,832
Heartland
Financial
USA,
Inc.
3,517
196,108
Heritage
Commerce
Corp.
4,943
50,320
Heritage
Financial
Corp.
2,842
64,911
Hilltop
Holdings,
Inc.
3,863
126,900
Hingham
Institution
For
Savings
(The)(a)
130
33,406
Home
Bancorp,
Inc.
589
26,305
Home
BancShares,
Inc.
15,629
435,111
HomeStreet,
Inc.
1,518
24,288
HomeTrust
Bancshares,
Inc.
1,222
44,554
Hope
Bancorp,
Inc.
9,615
122,976
Horizon
Bancorp,
Inc.
3,595
57,592
Independent
Bank
Corp.
1,654
56,038
Independent
Bank
Corp.
3,521
222,915
Independent
Bank
Group,
Inc.
3,006
175,009
International
Bancshares
Corp.
4,484
283,299
Investar
Holding
Corp.
766
14,263
John
Marshall
Bancorp,
Inc.
1,038
20,750
Kearny
Financial
Corp.
4,543
30,938
Lakeland
Financial
Corp.
2,063
140,593
LCNB
Corp.
1,028
16,448
LINKBANCORP,
Inc.
1,836
11,548
Live
Oak
Bancshares,
Inc.
2,876
123,639
Mercantile
Bank
Corp.
1,309
60,188
Metrocity
Bankshares,
Inc.
1,530
46,895
Metropolitan
Bank
Holding
Corp.*
877
45,350
Mid
Penn
Bancorp,
Inc.
1,241
37,491
Middlefield
Banc
Corp.
603
16,866
Midland
States
Bancorp,
Inc.
1,744
39,711
MidWestOne
Financial
Group,
Inc.
1,208
35,298
MVB
Financial
Corp.
951
19,971
National
Bank
Holdings
Corp.,
Class
a
A
3,060
134,059
National
Bankshares,
Inc.
478
14,436
NB
Bancorp,
Inc.*
3,230
60,982
NBT
Bancorp,
Inc.
3,817
186,880
New
York
Community
Bancorp,
Inc.
21,034
228,009
Nicolet
Bankshares,
Inc.
1,102
108,327
Northeast
Bank
553
39,269
Northeast
Community
Bancorp,
Inc.
1,022
23,343
Northfield
Bancorp,
Inc.
3,255
39,451
Northrim
Bancorp,
Inc.
442
30,485
Northwest
Bancshares,
Inc.
10,569
146,381
Norwood
Financial
Corp.(a)
618
16,834
Oak
Valley
Bancorp
566
15,095
OceanFirst
Financial
Corp.
4,770
85,240
OFG
Bancorp
3,856
177,337
Old
National
Bancorp
26,097
518,025
Old
Second
Bancorp,
Inc.
3,613
61,529
Orange
County
Bancorp,
Inc.
424
24,359
Origin
Bancorp,
Inc.
2,435
81,499
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
64
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Orrstown
Financial
Services,
Inc.
1,520
$
54,416
Pacific
Premier
Bancorp,
Inc.
7,947
204,238
Park
National
Corp.
1,195
210,069
Parke
Bancorp,
Inc.
872
17,876
Pathward
Financial,
Inc.
2,119
145,830
PCB
Bancorp
905
17,430
Peapack-Gladstone
Financial
Corp.
1,386
39,584
Peoples
Bancorp
of
North
Carolina,
Inc.
377
10,974
Peoples
Bancorp,
Inc.
2,868
91,776
Peoples
Financial
Services
Corp.
763
36,326
Pioneer
Bancorp,
Inc.*
966
10,626
Plumas
Bancorp
455
18,559
Ponce
Financial
Group,
Inc.*
1,604
18,189
Preferred
Bank
1,029
85,253
Premier
Financial
Corp.
2,932
73,476
Primis
Financial
Corp.
1,678
20,388
Princeton
Bancorp,
Inc.
420
15,641
Provident
Bancorp,
Inc.*
1,300
14,339
Provident
Financial
Services,
Inc.
10,443
199,148
QCR
Holdings,
Inc.
1,359
104,820
RBB
Bancorp
1,414
32,465
Red
River
Bancshares,
Inc.
392
20,819
Renasant
Corp.
4,589
160,615
Republic
Bancorp,
Inc.,
Class
a
A
687
43,899
S&T
Bancorp,
Inc.
3,160
135,785
Sandy
Spring
Bancorp,
Inc.
3,644
114,057
Seacoast
Banking
Corp.
of
Florida
7,006
191,684
ServisFirst
Bancshares,
Inc.
4,208
341,101
Shore
Bancshares,
Inc.
2,543
36,111
Sierra
Bancorp
1,094
32,962
Simmons
First
National
Corp.,
Class
a
A
10,294
220,497
SmartFinancial,
Inc.
1,319
38,554
South
Plains
Financial,
Inc.
977
34,107
Southern
First
Bancshares,
Inc.*
640
20,787
Southern
Missouri
Bancorp,
Inc.
788
45,570
Southern
States
Bancshares,
Inc.
691
21,573
Southside
Bancshares,
Inc.
2,382
81,536
SouthState
Corp.
6,308
612,444
Stellar
Bancorp,
Inc.
4,074
111,098
Sterling
Bancorp,
Inc.*
1,764
10,214
Stock
Yards
Bancorp,
Inc.
2,124
128,714
Texas
Capital
Bancshares,
Inc.*
3,846
258,528
Third
Coast
Bancshares,
Inc.*
941
24,099
Timberland
Bancorp,
Inc.
625
19,519
Tompkins
Financial
Corp.
1,056
64,775
Towne
Bank
5,829
201,975
TriCo
Bancshares
2,654
120,651
Triumph
Financial,
Inc.*
1,832
153,851
TrustCo
Bank
Corp.
1,540
53,654
Trustmark
Corp.
5,046
168,082
UMB
Financial
Corp.
3,721
385,458
Investments
Shares
Value
Common
Stocks
(continued)
United
Bankshares,
Inc.
10,966
$
426,248
United
Community
Banks,
Inc.
9,920
302,262
Unity
Bancorp,
Inc.
598
20,290
Univest
Financial
Corp.
2,399
68,276
USCB
Financial
Holdings,
Inc.
868
12,959
Valley
National
Bancorp
35,793
310,683
Veritex
Holdings,
Inc.
4,356
109,728
Virginia
National
Bankshares
Corp.
388
15,411
WaFd,
Inc.
5,539
203,115
Washington
Trust
Bancorp,
Inc.
1,404
46,051
WesBanco,
Inc.
4,776
153,835
West
Bancorp,
Inc.
1,338
26,693
Westamerica
Bancorp
2,130
110,313
WSFS
Financial
Corp.
4,972
272,167
22,271,698
Beverages
—
0.2%
Duckhorn
Portfolio,
Inc.
(The)*
4,406
27,890
MGP
Ingredients,
Inc.
1,175
105,268
National
Beverage
Corp.
1,948
87,972
Primo
Water
Corp.
13,095
289,399
Vita
Coco
Co.,
Inc.
(The)*
3,255
85,021
595,550
Biotechnology
—
6.6%
2seventy
bio,
Inc.*
4,053
19,738
4D
Molecular
Therapeutics,
Inc.*
4,132
62,021
89bio,
Inc.*
6,721
63,849
Absci
Corp.*
6,624
29,146
ACADIA
Pharmaceuticals,
Inc.*
9,924
164,540
ACELYRIN,
Inc.*
6,054
28,938
Achieve
Life
Sciences,
Inc.*
2,856
12,538
Acrivon
Therapeutics,
Inc.*
979
9,291
Actinium
Pharmaceuticals,
Inc.*
2,492
4,959
Acumen
Pharmaceuticals,
Inc.*
3,478
9,530
ADC
Therapeutics
SA*(a)
5,807
16,840
ADMA
Biologics,
Inc.*
18,677
323,299
Adverum
Biotechnologies,
Inc.*
1,725
11,971
Aerovate
Therapeutics,
Inc.*
1,118
2,158
Agenus,
Inc.*(a)
1,684
8,673
Agios
Pharmaceuticals,
Inc.*
4,688
215,226
Akebia
Therapeutics,
Inc.*(a)
17,251
26,739
Akero
Therapeutics,
Inc.*
5,622
152,918
Aldeyra
Therapeutics,
Inc.*
4,132
23,780
Alector,
Inc.*
6,693
35,339
Alkermes
plc*
13,966
397,333
Allogene
Therapeutics,
Inc.*
8,721
22,936
Altimmune,
Inc.*(a)
5,890
39,463
ALX
Oncology
Holdings,
Inc.*
2,739
6,354
Amicus
Therapeutics,
Inc.*
24,335
282,529
AnaptysBio,
Inc.*
1,623
61,820
Anavex
Life
Sciences
Corp.*(a)
6,037
36,343
Anika
Therapeutics,
Inc.*
1,214
31,200
Annexon,
Inc.*
6,985
39,814
Apogee
Therapeutics,
Inc.*
2,999
153,459
Applied
Therapeutics,
Inc.*
7,974
50,555
Arbutus
Biopharma
Corp.*
11,568
44,768
Arcellx,
Inc.*
3,575
245,745
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
65
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Arcturus
Therapeutics
Holdings,
Inc.*
1,900
$
40,090
Arcus
Biosciences,
Inc.*
4,510
77,211
Arcutis
Biotherapeutics,
Inc.*
8,811
95,864
Ardelyx,
Inc.*
19,273
119,107
ArriVent
Biopharma,
Inc.*
815
21,785
Arrowhead
Pharmaceuticals,
Inc.*
9,902
235,965
ARS
Pharmaceuticals,
Inc.*
4,082
52,984
Astria
Therapeutics,
Inc.*
3,735
45,679
Atossa
Therapeutics,
Inc.*(a)
10,489
14,370
Aura
Biosciences,
Inc.*
3,846
30,576
Aurinia
Pharmaceuticals,
Inc.*
11,907
81,087
Avid
Bioservices,
Inc.*
5,156
54,344
Avidity
Biosciences,
Inc.*
8,952
393,888
Avita
Medical,
Inc.*(a)
2,119
19,834
Beam
Therapeutics,
Inc.*
6,341
169,178
BioCryst
Pharmaceuticals,
Inc.*
17,137
148,921
Biohaven
Ltd.*
6,227
245,344
Biomea
Fusion,
Inc.*
2,293
16,808
Black
Diamond
Therapeutics,
Inc.*
3,081
18,794
Bluebird
Bio,
Inc.*(a)
15,893
8,924
Blueprint
Medicines
Corp.*
5,215
498,241
Boundless
Bio,
Inc.*
522
1,890
Bridgebio
Pharma,
Inc.*
11,659
324,703
C4
Therapeutics,
Inc.*(a)
4,862
30,728
Cabaletta
Bio,
Inc.*
3,566
20,077
Candel
Therapeutics,
Inc.*
1,643
11,090
Capricor
Therapeutics,
Inc.*(a)
2,105
9,620
Cardiff
Oncology,
Inc.*
3,247
7,501
CareDx,
Inc.*
4,135
127,069
Cargo
Therapeutics,
Inc.*
1,628
30,704
Caribou
Biosciences,
Inc.*
6,822
14,735
Cartesian
Therapeutics,
Inc.*(a)
600
8,376
Catalyst
Pharmaceuticals,
Inc.*
9,651
195,433
Celcuity,
Inc.*
1,938
30,930
Celldex
Therapeutics,
Inc.*
5,358
221,446
Century
Therapeutics,
Inc.*
3,804
6,695
CervoMed,
Inc.*
448
8,342
CG
oncology,
Inc.*
1,931
71,215
Cibus,
Inc.,
Class
a
A*(a)
1,241
8,402
Cogent
Biosciences,
Inc.*
7,610
81,731
Coherus
Biosciences,
Inc.*
9,128
12,688
Compass
Therapeutics,
Inc.*
8,457
13,362
Corbus
Pharmaceuticals
Holdings,
Inc.*
843
51,575
Crinetics
Pharmaceuticals,
Inc.*
6,454
342,449
Cullinan
Therapeutics,
Inc.*
3,206
62,838
Cytokinetics,
Inc.*
9,265
528,846
Day
One
Biopharmaceuticals,
Inc.*
4,305
59,581
Denali
Therapeutics,
Inc.*
10,309
251,952
Design
Therapeutics,
Inc.*
2,604
12,369
Dianthus
Therapeutics,
Inc.*(a)
1,982
57,141
Disc
Medicine,
Inc.*
1,362
69,217
Dynavax
Technologies
Corp.*
10,926
122,590
Dyne
Therapeutics,
Inc.*
6,693
308,480
Editas
Medicine,
Inc.*
6,873
25,705
Elevation
Oncology,
Inc.*
4,326
3,366
Investments
Shares
Value
Common
Stocks
(continued)
Eliem
Therapeutics,
Inc.*(a)
604
$
4,222
Enanta
Pharmaceuticals,
Inc.*
1,666
21,458
Entrada
Therapeutics,
Inc.*
2,048
36,250
Erasca,
Inc.*
9,353
27,030
Fate
Therapeutics,
Inc.*
8,303
30,472
Fennec
Pharmaceuticals,
Inc.*(a)
1,944
10,828
Fibrobiologics,
Inc.*(a)
2,109
3,417
Foghorn
Therapeutics,
Inc.*
2,094
17,338
G1
Therapeutics,
Inc.*
4,092
29,094
Galectin
Therapeutics,
Inc.*
1,689
4,552
Generation
Bio
Co.*
4,102
10,829
Geron
Corp.*
47,756
226,841
Greenwich
Lifesciences,
Inc.*(a)
495
6,940
Gyre
Therapeutics,
Inc.*
579
7,973
Halozyme
Therapeutics,
Inc.*
10,346
660,592
Heron
Therapeutics,
Inc.*(a)
9,735
18,789
HilleVax,
Inc.*
2,613
4,886
Humacyte,
Inc.*
7,290
44,104
Ideaya
Biosciences,
Inc.*
6,798
268,521
IGM
Biosciences,
Inc.*(a)
1,259
12,829
ImmunityBio,
Inc.*(a)
11,753
46,424
Immunome,
Inc.*(a)
4,264
64,728
Immunovant,
Inc.*
4,814
148,753
Inhibrx
Biosciences,
Inc.*
868
12,638
Inmune
Bio,
Inc.*(a)
1,012
6,699
Inovio
Pharmaceuticals,
Inc.*
2,106
15,205
Inozyme
Pharma,
Inc.*
4,286
23,744
Insmed,
Inc.*
12,882
985,087
Intellia
Therapeutics,
Inc.*
7,991
179,318
Invivyd,
Inc.*
6,576
5,591
Iovance
Biotherapeutics,
Inc.*
20,999
244,848
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
11,733
59,369
iTeos
Therapeutics,
Inc.*
2,153
36,278
Janux
Therapeutics,
Inc.*
2,326
109,275
Jasper
Therapeutics,
Inc.
(Registered)*
939
20,470
KalVista
Pharmaceuticals,
Inc.*
3,158
42,286
Keros
Therapeutics,
Inc.*
2,444
110,835
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
3,094
82,734
Kodiak
Sciences,
Inc.*
2,704
6,787
Korro
Bio,
Inc.*
507
24,194
Krystal
Biotech,
Inc.*
2,058
401,557
Kura
Oncology,
Inc.*
6,013
126,634
Kymera
Therapeutics,
Inc.*
3,689
178,400
Kyverna
Therapeutics,
Inc.*
1,397
11,218
Larimar
Therapeutics,
Inc.*
3,489
27,598
LENZ
Therapeutics,
Inc.
1,041
24,349
Lexeo
Therapeutics,
Inc.*
849
9,772
Lexicon
Pharmaceuticals,
Inc.*(a)
9,521
16,471
Lineage
Cell
Therapeutics,
Inc.*(a)
12,252
10,830
Lyell
Immunopharma,
Inc.*
13,327
19,324
MacroGenics,
Inc.*
5,097
17,890
Madrigal
Pharmaceuticals,
Inc.*
1,455
359,574
MannKind
Corp.*
21,991
137,664
MeiraGTx
Holdings
plc*
3,217
13,093
Mersana
Therapeutics,
Inc.*
9,407
14,863
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
66
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Metagenomi,
Inc.*
522
$
1,550
MiMedx
Group,
Inc.*
9,833
67,258
Mineralys
Therapeutics,
Inc.*
2,368
29,387
Mirum
Pharmaceuticals,
Inc.*
3,253
140,237
Monte
Rosa
Therapeutics,
Inc.*
2,527
15,592
Myriad
Genetics,
Inc.*
7,416
210,095
Neurogene,
Inc.*(a)
854
31,957
Nkarta,
Inc.*
4,388
23,300
Novavax,
Inc.*(a)
11,715
145,032
Nurix
Therapeutics,
Inc.*
5,019
126,479
Nuvalent,
Inc.,
Class
a
A*
2,648
225,424
Ocugen,
Inc.*(a)
21,220
27,586
Olema
Pharmaceuticals,
Inc.*
3,311
39,070
Organogenesis
Holdings,
Inc.,
Class
a
A*
5,987
17,243
ORIC
Pharmaceuticals,
Inc.*
5,105
52,939
Outlook
Therapeutics,
Inc.*
654
4,807
Ovid
therapeutics,
Inc.*
4,883
5,518
PepGen,
Inc.*
1,289
12,413
Perspective
Therapeutics,
Inc.*
3,905
61,699
Poseida
Therapeutics,
Inc.,
Class
a
A*
5,693
16,282
Praxis
Precision
Medicines,
Inc.*
1,430
76,004
Precigen,
Inc.*
10,497
11,547
Prelude
Therapeutics,
Inc.*
1,093
5,684
Prime
Medicine,
Inc.*(a)
4,704
20,133
ProKidney
Corp.,
Class
a
A*(a)
5,227
12,545
Protagonist
Therapeutics,
Inc.*
4,847
207,888
Prothena
Corp.
plc*
3,526
78,524
PTC
Therapeutics,
Inc.*
6,316
223,081
Puma
Biotechnology,
Inc.*
3,432
8,580
Pyxis
Oncology,
Inc.*
4,050
15,349
Q32
Bio,
Inc.*
499
21,697
RAPT
Therapeutics,
Inc.*
2,487
5,111
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*(a)
17,144
124,808
REGENXBIO,
Inc.*
3,818
46,656
Regulus
Therapeutics,
Inc.*
5,236
8,796
Relay
Therapeutics,
Inc.*
8,249
56,011
Renovaro,
Inc.*(a)
4,044
2,421
Replimune
Group,
Inc.*
4,171
42,419
REVOLUTION
Medicines,
Inc.*
12,638
538,758
Rhythm
Pharmaceuticals,
Inc.*
4,541
214,744
Rigel
Pharmaceuticals,
Inc.*
1,444
19,407
Rocket
Pharmaceuticals,
Inc.*
5,457
102,864
Sage
Therapeutics,
Inc.*
4,466
37,648
Sana
Biotechnology,
Inc.*
10,964
66,332
Savara,
Inc.*
8,041
34,335
Scholar
Rock
Holding
Corp.*
5,681
52,833
Sera
Prognostics,
Inc.,
Class
a
A*
2,290
16,831
Shattuck
Labs,
Inc.*(a)
3,243
11,642
Skye
Bioscience,
Inc.*
1,428
8,839
Soleno
Therapeutics,
Inc.*
1,824
89,285
Solid
Biosciences,
Inc.*
1,868
16,681
SpringWorks
Therapeutics,
Inc.*
5,701
237,789
Spyre
Therapeutics,
Inc.*
2,871
82,541
Stoke
Therapeutics,
Inc.*
2,949
42,908
Summit
Therapeutics,
Inc.*(a)
7,261
94,248
Sutro
Biopharma,
Inc.*
6,789
31,026
Investments
Shares
Value
Common
Stocks
(continued)
Syndax
Pharmaceuticals,
Inc.*
6,815
$
140,048
Tango
Therapeutics,
Inc.*
3,957
46,811
Taysha
Gene
Therapies,
Inc.*
13,266
29,716
Tenaya
Therapeutics,
Inc.*
4,574
12,258
Tevogen
Bio
Holdings,
Inc.*
1,814
947
TG
Therapeutics,
Inc.*
11,579
271,991
Tourmaline
Bio,
Inc.(a)
1,914
32,251
Travere
Therapeutics,
Inc.*
6,111
57,871
TScan
Therapeutics,
Inc.*
3,185
17,932
Twist
Bioscience
Corp.*
4,770
206,255
Tyra
Biosciences,
Inc.*(a)
1,685
38,351
UroGen
Pharma
Ltd.*(a)
2,849
39,630
Vanda
Pharmaceuticals,
Inc.*
4,727
25,006
Vaxcyte,
Inc.*
9,055
731,282
Vera
Therapeutics,
Inc.,
Class
a
A*
3,232
122,234
Veracyte,
Inc.*
6,373
201,068
Verastem,
Inc.*
2,105
5,262
Vericel
Corp.*
4,019
207,581
Verve
Therapeutics,
Inc.*
5,891
39,470
Vir
Biotechnology,
Inc.*
7,426
61,339
Viridian
Therapeutics,
Inc.*
5,189
76,175
Voyager
Therapeutics,
Inc.*
3,815
25,026
Werewolf
Therapeutics,
Inc.*
2,527
5,458
X4
Pharmaceuticals,
Inc.*
13,937
9,756
XBiotech,
Inc.*
1,535
9,824
Xencor,
Inc.*
4,928
86,191
XOMA
Royalty
Corp.*
666
19,480
Y-mAbs
Therapeutics,
Inc.*
3,051
43,660
Zentalis
Pharmaceuticals,
Inc.*
4,739
16,444
Zura
Bio
Ltd.,
Class
a
A*(a)
1,660
6,856
Zymeworks,
Inc.*
4,634
54,357
19,757,480
Broadline
Retail
—
0.0%(c)
1stdibs.com,
Inc.*
2,109
10,355
Groupon,
Inc.,
Class
a
A*(a)
1,900
26,353
Qurate
Retail,
Inc.,
Class
a
B*
82
325
Savers
Value
Village,
Inc.*
1,941
17,178
54,211
Building
Products
—
1.1%
American
Woodmark
Corp.*
1,314
117,748
Apogee
Enterprises,
Inc.
1,814
121,139
AZZ,
Inc.
2,435
202,519
Caesarstone
Ltd.*(a)
1,716
8,408
CSW
Industrials,
Inc.
1,283
433,179
Gibraltar
Industries,
Inc.*
2,537
176,753
Griffon
Corp.
3,206
212,205
Insteel
Industries,
Inc.
1,552
53,389
Janus
International
Group,
Inc.*
11,766
129,308
JELD-WEN
Holding,
Inc.*
7,124
101,446
Masterbrand,
Inc.*
10,508
168,548
Quanex
Building
Products
Corp.
3,673
101,485
Resideo
Technologies,
Inc.*
12,114
244,218
Tecnoglass,
Inc.
1,862
115,388
UFP
Industries,
Inc.
5,019
610,662
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
67
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Zurn
Elkay
Water
Solutions
Corp.
12,070
$
391,430
3,187,825
Capital
Markets
—
1.2%
AlTi
Global,
Inc.*
2,796
11,240
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
5,224
217,266
AssetMark
Financial
Holdings,
Inc.*
1,890
66,434
B
Riley
Financial,
Inc.(a)
1,693
8,321
BGC
Group,
Inc.,
Class
a
A
30,649
302,812
Brightsphere
Investment
Group,
Inc.
2,293
55,926
Cohen
&
Steers,
Inc.
2,281
203,830
Diamond
Hill
Investment
Group,
Inc.
224
35,399
Donnelley
Financial
Solutions,
Inc.*
2,172
144,786
Forge
Global
Holdings,
Inc.*
9,515
13,321
GCM
Grosvenor,
Inc.,
Class
a
A
3,438
37,440
Hamilton
Lane,
Inc.,
Class
a
A
3,186
486,948
MarketWise,
Inc.
3,196
2,528
Moelis
&
Co.,
Class
a
A
5,861
391,456
Open
Lending
Corp.*
8,475
48,816
P10,
Inc.,
Class
a
A
3,452
34,693
Patria
Investments
Ltd.,
Class
a
A
4,561
52,543
Perella
Weinberg
Partners,
Class
a
A
4,359
85,218
Piper
Sandler
Cos.
1,441
392,961
PJT
Partners,
Inc.,
Class
a
A
1,958
241,813
Silvercrest
Asset
Management
Group,
Inc.,
Class
a
A
789
12,782
StepStone
Group,
Inc.,
Class
a
A
4,443
243,032
StoneX
Group,
Inc.*
2,271
188,175
Value
Line,
Inc.
65
2,695
Victory
Capital
Holdings,
Inc.,
Class
a
A
3,411
186,138
Virtus
Investment
Partners,
Inc.
561
118,741
WisdomTree,
Inc.
11,573
117,350
3,702,664
Chemicals
—
1.5%
AdvanSix,
Inc.
2,119
62,638
American
Vanguard
Corp.
2,092
12,008
Arcadium
Lithium
plc*
89,876
243,564
Arq,
Inc.*
2,050
13,981
ASP
Isotopes,
Inc.*(a)
3,285
7,786
Aspen
Aerogels,
Inc.*
4,832
138,630
Avient
Corp.
7,491
368,033
Balchem
Corp.
2,680
474,440
Cabot
Corp.
4,496
472,575
Core
Molding
Technologies,
Inc.*
627
11,192
Ecovyst,
Inc.*
9,650
69,287
Hawkins,
Inc.
1,604
203,179
HB
Fuller
Co.
4,542
389,068
Ingevity
Corp.*
3,021
119,420
Innospec,
Inc.
2,067
238,242
Intrepid
Potash,
Inc.*
907
22,385
Koppers
Holdings,
Inc.
1,696
67,128
Investments
Shares
Value
Common
Stocks
(continued)
Kronos
Worldwide,
Inc.
1,806
$
20,877
LSB
Industries,
Inc.*
4,423
35,074
Mativ
Holdings,
Inc.
4,477
84,884
Minerals
Technologies,
Inc.
2,664
205,394
Northern
Technologies
International
Corp.
653
8,580
Orion
SA
4,776
89,072
Perimeter
Solutions
SA*
11,098
129,958
PureCycle
Technologies,
Inc.*(a)
10,223
62,360
Quaker
Chemical
Corp.
1,159
196,184
Rayonier
Advanced
Materials,
Inc.*
5,309
42,366
Sensient
Technologies
Corp.
3,494
271,973
Stepan
Co.
1,771
137,483
Tronox
Holdings
plc
9,852
137,238
Valhi,
Inc.
201
5,871
4,340,870
Commercial
Services
&
Supplies
—
1.3%
ABM
Industries,
Inc.
5,244
299,695
ACCO
Brands
Corp.
7,753
42,487
ACV
Auctions,
Inc.,
Class
a
A*
12,273
229,628
Aris
Water
Solutions,
Inc.,
Class
a
A
2,222
37,374
Bridger
Aerospace
Group
Holdings,
Inc.*(a)
744
2,001
BrightView
Holdings,
Inc.*
3,665
58,530
Brink's
Co.
(The)
3,727
413,436
Casella
Waste
Systems,
Inc.,
Class
a
A*
4,747
512,011
CECO
Environmental
Corp.*
2,426
70,233
Cimpress
plc*
1,500
148,320
CompX
International,
Inc.
127
3,794
CoreCivic,
Inc.*
9,149
126,073
Deluxe
Corp.
3,670
75,565
Driven
Brands
Holdings,
Inc.*
4,970
71,270
Ennis,
Inc.
2,109
50,426
Enviri
Corp.*
6,574
78,559
GEO
Group,
Inc.
(The)*
10,305
142,930
Healthcare
Services
Group,
Inc.*
6,104
66,473
HNI
Corp.
3,897
209,854
Interface,
Inc.,
Class
a
A
4,759
89,850
LanzaTech
Global,
Inc.*(a)
9,270
13,812
Liquidity
Services,
Inc.*
1,780
38,751
Matthews
International
Corp.,
Class
a
A
2,464
62,413
MillerKnoll,
Inc.
5,935
174,786
Montrose
Environmental
Group,
Inc.*
2,636
86,724
NL
Industries,
Inc.
697
4,614
OPENLANE,
Inc.*
8,906
154,341
Perma-Fix
Environmental
Services,
Inc.*
1,042
11,462
Pitney
Bowes,
Inc.
13,317
94,151
Quad/Graphics,
Inc.
2,496
11,706
Quest
Resource
Holding
Corp.*
1,430
12,641
Steelcase,
Inc.,
Class
a
A
7,676
108,539
UniFirst
Corp.
1,248
236,733
Viad
Corp.*
1,696
58,359
Virco
Mfg.
Corp.
866
13,449
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
68
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
VSE
Corp.
1,132
$
105,310
3,916,300
Communications
Equipment
—
0.5%
ADTRAN
Holdings,
Inc.*
6,531
36,443
Applied
Optoelectronics,
Inc.*(a)
3,068
34,822
Aviat
Networks,
Inc.*
944
25,913
Calix,
Inc.*
4,876
181,582
Clearfield,
Inc.*
1,035
38,606
CommScope
Holding
Co.,
Inc.*
17,507
67,577
Digi
International,
Inc.*
2,963
87,290
Extreme
Networks,
Inc.*
10,419
164,099
Harmonic,
Inc.*
9,161
132,376
Infinera
Corp.*
16,524
103,936
NETGEAR,
Inc.*
2,343
38,027
NetScout
Systems,
Inc.*
5,738
123,252
Ribbon
Communications,
Inc.*
7,513
25,619
Viasat,
Inc.*
10,063
157,989
Viavi
Solutions,
Inc.*
18,262
157,236
1,374,767
Construction
&
Engineering
—
1.1%
Ameresco,
Inc.,
Class
a
A*
2,672
81,362
Arcosa,
Inc.
4,025
368,247
Argan,
Inc.
1,027
81,451
Bowman
Consulting
Group
Ltd.,
Class
a
A*
1,106
26,544
Centuri
Holdings,
Inc.*
1,134
19,391
Concrete
Pumping
Holdings,
Inc.*
1,973
12,805
Construction
Partners,
Inc.,
Class
a
A*
3,561
234,955
Dycom
Industries,
Inc.*
2,356
414,562
Fluor
Corp.*
14,161
709,041
Granite
Construction,
Inc.
3,652
274,484
Great
Lakes
Dredge
&
Dock
Corp.*
5,469
54,417
IES
Holdings,
Inc.*
691
128,892
Limbach
Holdings,
Inc.*
847
54,742
Matrix
Service
Co.*
2,193
21,842
MYR
Group,
Inc.*
1,377
138,802
Northwest
Pipe
Co.*
804
35,360
Orion
Group
Holdings,
Inc.*
2,542
19,218
Primoris
Services
Corp.
4,432
250,142
Southland
Holdings,
Inc.*
835
3,424
Sterling
Infrastructure,
Inc.*
2,509
299,901
Tutor
Perini
Corp.*
3,589
86,028
3,315,610
Construction
Materials
—
0.3%
Knife
River
Corp.*
4,711
371,557
Smith-Midland
Corp.*(a)
372
12,912
Summit
Materials,
Inc.,
Class
a
A*
10,043
406,742
United
States
Lime
&
Minerals,
Inc.
873
71,350
862,561
Consumer
Finance
—
0.7%
Atlanticus
Holdings
Corp.*
457
16,155
Bread
Financial
Holdings,
Inc.
4,124
239,893
Investments
Shares
Value
Common
Stocks
(continued)
Consumer
Portfolio
Services,
Inc.*
704
$
5,808
Encore
Capital
Group,
Inc.*
1,943
97,305
Enova
International,
Inc.*
2,173
186,291
FirstCash
Holdings,
Inc.
3,245
389,692
Green
Dot
Corp.,
Class
a
A*
4,409
49,249
LendingClub
Corp.*
9,062
110,103
LendingTree,
Inc.*
827
47,908
Medallion
Financial
Corp.
1,553
12,548
Moneylion,
Inc.*
704
32,680
Navient
Corp.
6,696
113,363
Nelnet,
Inc.,
Class
a
A
1,201
138,812
NerdWallet,
Inc.,
Class
a
A*
3,210
41,505
OppFi,
Inc.
1,503
7,169
PRA
Group,
Inc.*
3,214
74,951
PROG
Holdings,
Inc.
3,516
164,408
Regional
Management
Corp.
672
22,532
Upstart
Holdings,
Inc.*
6,388
271,490
World
Acceptance
Corp.*
297
35,002
2,056,864
Consumer
Staples
Distribution
&
Retail
—
0.6%
Andersons,
Inc.
(The)
2,707
137,976
Chefs'
Warehouse,
Inc.
(The)*
2,903
124,336
HF
Foods
Group,
Inc.*
3,303
11,726
Ingles
Markets,
Inc.,
Class
a
A
1,202
88,948
Natural
Grocers
by
Vitamin
Cottage,
Inc.
774
20,604
PriceSmart,
Inc.
2,080
186,326
SpartanNash
Co.
2,846
62,868
Sprouts
Farmers
Market,
Inc.*
8,356
869,442
United
Natural
Foods,
Inc.*
4,873
73,728
Village
Super
Market,
Inc.,
Class
a
A
722
23,212
Weis
Markets,
Inc.
1,365
92,247
1,691,413
Containers
&
Packaging
—
0.2%
Ardagh
Metal
Packaging
SA
11,984
42,903
Greif,
Inc.,
Class
a
A
2,067
129,229
Greif,
Inc.,
Class
a
B
399
26,892
Myers
Industries,
Inc.
3,045
46,558
O-I
Glass,
Inc.*
12,848
163,041
Pactiv
Evergreen,
Inc.
3,357
39,613
Ranpak
Holdings
Corp.,
Class
a
A*
3,563
25,262
TriMas
Corp.
3,367
85,892
559,390
Distributors
—
0.0%(c)
A-Mark
Precious
Metals,
Inc.
1,452
56,584
GigaCloud
Technology,
Inc.,
Class
a
A*(a)
1,947
37,850
Weyco
Group,
Inc.
502
16,757
111,191
Diversified
Consumer
Services
—
0.7%
Adtalem
Global
Education,
Inc.*
3,240
245,300
American
Public
Education,
Inc.*
1,302
21,769
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
69
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Carriage
Services,
Inc.,
Class
a
A
1,132
$
37,526
Chegg,
Inc.*
8,233
17,783
Coursera,
Inc.*
11,410
92,421
European
Wax
Center,
Inc.,
Class
a
A*
2,807
19,368
Frontdoor,
Inc.*
6,510
313,001
Graham
Holdings
Co.,
Class
a
B
273
217,087
Laureate
Education,
Inc.
11,125
171,547
Lincoln
Educational
Services
Corp.*
2,165
26,954
Mister
Car
Wash,
Inc.*
7,766
50,557
Nerdy,
Inc.*(a)
6,037
6,520
OneSpaWorld
Holdings
Ltd.
8,332
132,229
Perdoceo
Education
Corp.
5,434
121,939
Strategic
Education,
Inc.
1,842
177,753
Stride,
Inc.*
3,531
290,743
Udemy,
Inc.*
7,931
67,176
Universal
Technical
Institute,
Inc.*
3,275
57,149
2,066,822
Diversified
REITs
—
0.5%
Alexander
&
Baldwin,
Inc.,
REIT
6,037
119,472
Alpine
Income
Property
Trust,
Inc.,
REIT
1,038
19,764
American
Assets
Trust,
Inc.,
REIT
3,974
108,291
Armada
Hoffler
Properties,
Inc.,
REIT
5,504
67,754
Broadstone
Net
Lease,
Inc.,
REIT
15,646
286,322
CTO
Realty
Growth,
Inc.,
REIT
1,832
34,845
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
11,118
119,963
Essential
Properties
Realty
Trust,
Inc.,
REIT
14,552
464,354
Gladstone
Commercial
Corp.,
REIT
3,324
50,824
Global
Net
Lease,
Inc.,
REIT
16,652
143,540
NexPoint
Diversified
Real
Estate
Trust,
REIT
2,645
15,606
One
Liberty
Properties,
Inc.,
REIT
1,316
35,203
1,465,938
Diversified
Telecommunication
Services
—
0.5%
Anterix,
Inc.*
1,047
37,137
AST
SpaceMobile,
Inc.,
Class
a
A*(a)
9,783
284,098
ATN
International,
Inc.
878
23,495
Bandwidth,
Inc.,
Class
a
A*
2,049
35,161
Cogent
Communications
Holdings,
Inc.
3,652
255,567
Consolidated
Communications
Holdings,
Inc.*
6,372
29,120
Globalstar,
Inc.*
60,501
75,626
IDT
Corp.,
Class
a
B
1,278
49,024
Liberty
Latin
America
Ltd.,
Class
a
A*
2,754
26,080
Liberty
Latin
America
Ltd.,
Class
a
C*
11,165
105,733
Investments
Shares
Value
Common
Stocks
(continued)
Lumen
Technologies,
Inc.*
83,947
$
440,722
Shenandoah
Telecommunications
Co.
4,039
61,070
1,422,833
Electric
Utilities
—
0.6%
ALLETE,
Inc.
4,817
306,120
Genie
Energy
Ltd.,
Class
a
B
1,070
17,912
Hawaiian
Electric
Industries,
Inc.*
9,222
98,952
MGE
Energy,
Inc.
3,024
262,196
Otter
Tail
Corp.
3,431
290,091
Portland
General
Electric
Co.
8,430
405,567
TXNM
Energy,
Inc.
7,468
306,039
1,686,877
Electrical
Equipment
—
0.9%
Allient,
Inc.
1,208
25,658
American
Superconductor
Corp.*
2,831
57,243
Amprius
Technologies,
Inc.*(a)
1,162
1,243
Array
Technologies,
Inc.*
12,666
84,989
Atkore,
Inc.
3,045
284,190
Blink
Charging
Co.*(a)
7,978
14,839
Bloom
Energy
Corp.,
Class
a
A*(a)
16,497
196,479
ChargePoint
Holdings,
Inc.*(a)
32,193
60,523
Energy
Vault
Holdings,
Inc.*(a)
8,545
8,630
EnerSys
3,318
336,213
Enovix
Corp.*(a)
12,328
117,363
Fluence
Energy,
Inc.*
5,050
92,768
Freyr
Battery,
Inc.*(a)
9,297
11,435
FuelCell
Energy,
Inc.*(a)
37,621
15,229
GrafTech
International
Ltd.*
21,469
14,723
LSI
Industries,
Inc.
2,321
36,927
Net
Power,
Inc.*
1,754
14,856
NEXTracker,
Inc.,
Class
a
A*
9,671
393,320
NuScale
Power
Corp.,
Class
a
A*(a)
6,435
52,960
Plug
Power,
Inc.*(a)
52,342
98,403
Powell
Industries,
Inc.
776
129,933
Preformed
Line
Products
Co.
202
24,226
SES
AI
Corp.*(a)
10,801
11,557
Shoals
Technologies
Group,
Inc.,
Class
a
A*
14,226
76,678
SolarMax
Technology,
Inc.*
421
463
Solidion
Technology,
Inc.*
734
238
Stem,
Inc.*(a)
12,591
7,342
Sunrun,
Inc.*
18,130
372,028
Thermon
Group
Holdings,
Inc.*
2,765
86,904
TPI
Composites,
Inc.*(a)
3,823
16,554
Ultralife
Corp.*
835
8,734
Vicor
Corp.*
1,859
71,572
2,724,220
Electronic
Equipment,
Instruments
&
Components
—
2.2%
908
Devices,
Inc.*
1,968
7,774
Advanced
Energy
Industries,
Inc.
3,103
329,197
Aeva
Technologies,
Inc.*
1,889
6,234
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
70
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Arlo
Technologies,
Inc.*
7,892
$
92,652
Badger
Meter,
Inc.
2,438
504,520
Bel
Fuse,
Inc.,
Class
a
A
145
12,493
Bel
Fuse,
Inc.,
Class
a
B
857
58,130
Belden,
Inc.
3,362
360,675
Benchmark
Electronics,
Inc.
2,961
125,872
Climb
Global
Solutions,
Inc.
348
33,053
CTS
Corp.
2,524
124,307
Daktronics,
Inc.*
3,069
44,347
ePlus,
Inc.*
2,182
209,385
Evolv
Technologies
Holdings,
Inc.*
10,835
42,690
Fabrinet*
3,025
737,041
FARO
Technologies,
Inc.*
1,466
26,388
Insight
Enterprises,
Inc.*
2,313
502,083
Iteris,
Inc.*
3,527
24,865
Itron,
Inc.*
3,810
389,458
Kimball
Electronics,
Inc.*
2,032
37,490
Knowles
Corp.*
7,323
135,109
Lightwave
Logic,
Inc.*(a)
9,957
29,373
Methode
Electronics,
Inc.
2,812
29,301
MicroVision,
Inc.*(a)
17,111
16,225
Mirion
Technologies,
Inc.,
Class
a
A*
16,575
179,673
Napco
Security
Technologies,
Inc.
2,920
135,430
nLight,
Inc.*
3,815
45,551
Novanta,
Inc.*
2,976
545,441
OSI
Systems,
Inc.*
1,342
201,125
Ouster,
Inc.*
3,589
25,446
PAR
Technology
Corp.*
2,795
150,902
PC
Connection,
Inc.
961
70,230
Plexus
Corp.*
2,254
288,760
Powerfleet,
Inc.*
7,505
37,450
Richardson
Electronics
Ltd.
1,020
12,087
Rogers
Corp.*
1,558
167,111
Sanmina
Corp.*
4,547
315,471
ScanSource,
Inc.*
2,074
105,650
SmartRent,
Inc.,
Class
a
A*
16,021
27,236
TTM
Technologies,
Inc.*
8,373
162,855
Vishay
Intertechnology,
Inc.
10,477
211,112
Vishay
Precision
Group,
Inc.*
1,005
27,748
6,587,940
Energy
Equipment
&
Services
—
1.7%
Archrock,
Inc.
12,804
259,025
Atlas
Energy
Solutions,
Inc.,
Class
a
A
5,635
118,842
Borr
Drilling
Ltd.
19,661
119,342
Bristow
Group,
Inc.,
Class
a
A*
2,037
81,093
Cactus,
Inc.,
Class
a
A
5,434
323,432
ChampionX
Corp.
15,823
492,570
Core
Laboratories,
Inc.
3,893
76,147
Diamond
Offshore
Drilling,
Inc.*
8,486
121,689
DMC
Global,
Inc.*
1,627
20,126
Drilling
Tools
International
Corp.*
977
4,015
Dril-Quip,
Inc.*
2,838
46,288
Expro
Group
Holdings
NV*
7,854
155,980
Investments
Shares
Value
Common
Stocks
(continued)
Forum
Energy
Technologies,
Inc.*
973
$
16,882
Geospace
Technologies
Corp.*
1,041
10,743
Helix
Energy
Solutions
Group,
Inc.*
11,951
134,090
Helmerich
&
Payne,
Inc.
8,017
261,595
Kodiak
Gas
Services,
Inc.
1,671
46,370
Liberty
Energy,
Inc.,
Class
a
A
13,391
275,721
Mammoth
Energy
Services,
Inc.*
2,014
7,693
Nabors
Industries
Ltd.*
758
57,130
Natural
Gas
Services
Group,
Inc.*
889
19,496
Newpark
Resources,
Inc.*
6,872
56,557
Noble
Corp.
plc
9,486
361,891
Oceaneering
International,
Inc.*
8,384
226,284
Oil
States
International,
Inc.*
5,091
26,931
Patterson-UTI
Energy,
Inc.
33,112
304,962
ProFrac
Holding
Corp.,
Class
a
A*
1,842
12,618
ProPetro
Holding
Corp.*
7,528
59,772
Ranger
Energy
Services,
Inc.,
Class
a
A
1,380
17,181
RPC,
Inc.
7,047
45,242
SEACOR
Marine
Holdings,
Inc.*
2,022
23,152
Seadrill
Ltd.*
6,171
266,094
Select
Water
Solutions,
Inc.,
Class
a
A
7,568
87,259
Solaris
Oilfield
Infrastructure,
Inc.,
Class
a
A
2,086
26,450
TETRA
Technologies,
Inc.*
10,411
33,107
Tidewater,
Inc.*
4,045
358,792
Transocean
Ltd.*
60,488
286,713
Valaris
Ltd.*
5,206
317,878
5,159,152
Entertainment
—
0.4%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
23,069
111,193
Atlanta
Braves
Holdings,
Inc.,
Class
a
A*
849
38,714
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
4,161
178,424
Cinemark
Holdings,
Inc.*
9,153
250,609
Eventbrite,
Inc.,
Class
a
A*
6,871
21,850
Golden
Matrix
Group,
Inc.*(a)
1,648
4,268
IMAX
Corp.*
3,555
75,330
Lions
Gate
Entertainment
Corp.,
Class
a
A*(a)
4,940
38,384
Lions
Gate
Entertainment
Corp.,
Class
a
B*
10,094
69,850
LiveOne,
Inc.*
5,642
9,817
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
3,244
136,962
Marcus
Corp.
(The)
1,989
28,144
Playstudios,
Inc.*
7,301
11,098
Reservoir
Media,
Inc.*
1,614
12,525
Sphere
Entertainment
Co.*
2,203
102,660
Vivid
Seats,
Inc.,
Class
a
A*
6,486
30,160
1,119,988
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
71
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Equity
Real
Estate
Investment
Trusts
(REITs)
—
0.0%(c)
Hudson
Pacific
Properties,
Inc.
11,343
$
58,416
Financial
Services
—
2.1%
Acacia
Research
Corp.*
3,131
15,060
Alerus
Financial
Corp.
1,479
33,204
AvidXchange
Holdings,
Inc.*
14,413
116,313
Banco
Latinoamericano
de
Comercio
Exterior
SA,
Class
a
E
2,269
71,133
Burford
Capital
Ltd.
16,618
224,509
Cannae
Holdings,
Inc.
4,672
93,533
Cantaloupe,
Inc.*
4,844
33,520
Cass
Information
Systems,
Inc.
1,123
48,783
Compass
Diversified
Holdings
5,526
122,401
Enact
Holdings,
Inc.
2,426
86,244
Essent
Group
Ltd.
8,655
556,430
EVERTEC,
Inc.
5,348
183,169
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
758
149,682
Flywire
Corp.*
10,015
181,372
HA
Sustainable
Infrastructure
Capital,
Inc.
9,326
301,976
I3
Verticals,
Inc.,
Class
a
A*
1,875
42,487
International
Money
Express,
Inc.*
2,630
47,734
Jackson
Financial,
Inc.,
Class
a
A
6,334
569,870
Marqeta,
Inc.,
Class
a
A*
38,667
206,095
Merchants
Bancorp
1,421
65,153
Mr
Cooper
Group,
Inc.*
5,294
496,630
NCR
Atleos
Corp.*
5,983
171,174
NewtekOne,
Inc.
1,928
24,158
NMI
Holdings,
Inc.,
Class
a
A*
6,581
270,282
Onity
Group,
Inc.*
535
15,504
Pagseguro
Digital
Ltd.,
Class
a
A*
15,640
173,135
Payoneer
Global,
Inc.*
23,490
174,531
Paysafe
Ltd.*
2,673
59,868
Paysign,
Inc.*
2,731
12,945
PennyMac
Financial
Services,
Inc.
2,218
239,544
Priority
Technology
Holdings,
Inc.*
1,505
9,030
Radian
Group,
Inc.
12,569
454,369
Remitly
Global,
Inc.*
12,029
164,196
Repay
Holdings
Corp.,
Class
a
A*
7,506
63,501
Sezzle,
Inc.*
195
26,565
StoneCo
Ltd.,
Class
a
A*
23,740
314,792
SWK
Holdings
Corp.*
273
4,805
Velocity
Financial,
Inc.*
747
14,021
Walker
&
Dunlop,
Inc.
2,665
285,315
Waterstone
Financial,
Inc.
1,365
20,680
6,143,713
Food
Products
—
0.7%
Alico,
Inc.
588
17,228
B&G
Foods,
Inc.
6,447
54,606
Beyond
Meat,
Inc.*(a)
4,954
30,120
BRC,
Inc.,
Class
a
A*
4,317
19,124
Calavo
Growers,
Inc.
1,385
31,883
Investments
Shares
Value
Common
Stocks
(continued)
Cal-Maine
Foods,
Inc.
3,401
$
245,008
Dole
plc
6,224
100,269
Forafric
Global
plc*(a)
456
5,148
Fresh
Del
Monte
Produce,
Inc.
2,803
81,960
Hain
Celestial
Group,
Inc.
(The)*
7,438
59,504
J
&
J
Snack
Foods
Corp.
1,266
215,460
John
B
Sanfilippo
&
Son,
Inc.
744
70,583
Lancaster
Colony
Corp.
1,623
277,143
Lifeway
Foods,
Inc.*
372
7,135
Limoneira
Co.
1,372
34,410
Mama's
Creations,
Inc.*
2,730
21,867
Mission
Produce,
Inc.*
3,605
38,646
Seneca
Foods
Corp.,
Class
a
A*
399
24,048
Simply
Good
Foods
Co.
(The)*
7,571
239,168
SunOpta,
Inc.*
7,609
43,752
TreeHouse
Foods,
Inc.*
4,062
166,908
Utz
Brands,
Inc.
5,394
91,105
Vital
Farms,
Inc.*
2,702
84,978
Westrock
Coffee
Co.*(a)
2,810
22,466
WK
Kellogg
Co.
5,440
93,405
2,075,924
Gas
Utilities
—
0.7%
Brookfield
Infrastructure
Corp.,
Class
a
A
9,953
405,087
Chesapeake
Utilities
Corp.
1,833
217,064
New
Jersey
Resources
Corp.
8,149
377,380
Northwest
Natural
Holding
Co.
3,145
126,492
ONE
Gas,
Inc.
4,672
322,088
RGC
Resources,
Inc.
685
14,556
Southwest
Gas
Holdings,
Inc.
5,053
367,454
Spire,
Inc.
4,487
296,008
2,126,129
Ground
Transportation
—
0.3%
ArcBest
Corp.
1,953
207,604
Covenant
Logistics
Group,
Inc.,
Class
a
A
671
35,342
FTAI
Infrastructure,
Inc.
8,354
83,039
Heartland
Express,
Inc.
3,868
47,886
Hertz
Global
Holdings,
Inc.*(a)
10,178
30,941
Marten
Transport
Ltd.
4,817
84,057
PAM
Transportation
Services,
Inc.*
501
9,088
RXO,
Inc.*
9,670
275,208
Universal
Logistics
Holdings,
Inc.
565
23,882
Werner
Enterprises,
Inc.
5,249
194,003
991,050
Health
Care
Equipment
&
Supplies
—
2.5%
Accuray,
Inc.*
7,952
17,335
Alphatec
Holdings,
Inc.*
8,515
58,753
AngioDynamics,
Inc.*
3,163
23,596
Artivion,
Inc.*
3,292
89,345
AtriCure,
Inc.*
3,927
102,927
Avanos
Medical,
Inc.*
3,766
91,212
Axogen,
Inc.*
3,517
46,249
Axonics,
Inc.*
4,225
292,222
Bioventus,
Inc.,
Class
a
A*
3,114
31,296
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
72
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Cerus
Corp.*
14,964
$
33,819
CONMED
Corp.
2,558
187,297
CVRx,
Inc.*
1,101
10,856
Embecta
Corp.
4,808
78,563
Fractyl
Health,
Inc.*(a)
622
2,177
Glaukos
Corp.*
4,059
543,459
Haemonetics
Corp.*
4,162
314,564
ICU
Medical,
Inc.*
1,779
294,122
Inari
Medical,
Inc.*
4,389
189,736
Inmode
Ltd.*
6,595
110,202
Inogen,
Inc.*
1,967
24,135
Integer
Holdings
Corp.*
2,765
359,644
Integra
LifeSciences
Holdings
Corp.*
5,685
115,633
iRadimed
Corp.
668
31,369
iRhythm
Technologies,
Inc.*
2,593
183,792
Lantheus
Holdings,
Inc.*
5,639
600,384
LeMaitre
Vascular,
Inc.
1,683
151,958
LivaNova
plc*
4,524
227,964
Merit
Medical
Systems,
Inc.*
4,747
458,940
Neogen
Corp.*
18,095
312,139
NeuroPace,
Inc.*
1,131
8,957
Nevro
Corp.*
2,999
18,564
Novocure
Ltd.*
8,831
171,675
Omnicell,
Inc.*
3,785
168,357
OraSure
Technologies,
Inc.*
6,191
27,736
Orchestra
BioMed
Holdings,
Inc.*
1,927
12,911
Orthofix
Medical,
Inc.*
2,795
48,745
OrthoPediatrics
Corp.*
1,358
43,388
Paragon
28,
Inc.*
3,908
32,515
PROCEPT
BioRobotics
Corp.*
3,513
277,527
Pulmonx
Corp.*
3,142
22,999
Pulse
Biosciences,
Inc.*
1,518
28,296
RxSight,
Inc.*
2,821
159,076
Sanara
Medtech,
Inc.*(a)
332
11,915
Semler
Scientific,
Inc.*
394
10,520
SI-BONE,
Inc.*
3,375
56,092
Sight
Sciences,
Inc.*
2,913
19,721
Silk
Road
Medical,
Inc.*
3,253
88,189
STAAR
Surgical
Co.*
4,103
135,768
Stereotaxis,
Inc.*(a)
4,545
10,408
Surmodics,
Inc.*
1,143
45,297
Tactile
Systems
Technology,
Inc.*
1,962
26,860
Tandem
Diabetes
Care,
Inc.*
5,370
233,595
TransMedics
Group,
Inc.*
2,662
447,376
Treace
Medical
Concepts,
Inc.*
4,046
24,964
UFP
Technologies,
Inc.*
602
205,420
Utah
Medical
Products,
Inc.
280
19,037
Varex
Imaging
Corp.*
3,216
40,136
Vicarious
Surgical,
Inc.,
Class
a
A*
1
6
Zimvie,
Inc.*
2,241
38,859
Zynex,
Inc.*(a)
1,267
9,959
7,428,556
Health
Care
Providers
&
Services
—
2.1%
Accolade,
Inc.*
6,142
26,656
AdaptHealth
Corp.,
Class
a
A*
8,444
92,800
Investments
Shares
Value
Common
Stocks
(continued)
Addus
HomeCare
Corp.*
1,307
$
173,844
agilon
health,
Inc.*
25,584
104,383
AirSculpt
Technologies,
Inc.*(a)
1,099
4,605
Alignment
Healthcare,
Inc.*
8,301
74,792
AMN
Healthcare
Services,
Inc.*
3,143
166,673
Astrana
Health,
Inc.*
3,575
170,849
Aveanna
Healthcare
Holdings,
Inc.*
4,334
24,487
BrightSpring
Health
Services,
Inc.*(a)
4,466
56,048
Brookdale
Senior
Living,
Inc.*
15,875
112,871
CareMax,
Inc.*
1
2
Castle
Biosciences,
Inc.*
2,146
63,672
Community
Health
Systems,
Inc.*
10,410
56,735
CorVel
Corp.*
735
235,737
Cross
Country
Healthcare,
Inc.*
2,760
41,179
DocGo,
Inc.*
8,434
31,881
Enhabit,
Inc.*
4,130
34,857
Ensign
Group,
Inc.
(The)
4,603
696,710
Fulgent
Genetics,
Inc.*
1,686
38,036
GeneDx
Holdings
Corp.,
Class
a
A*
1,008
32,196
Guardant
Health,
Inc.*
9,788
250,377
HealthEquity,
Inc.*
7,021
558,591
Hims
&
Hers
Health,
Inc.*
15,739
231,835
InfuSystem
Holdings,
Inc.*
1,648
10,959
Innovage
Holding
Corp.*
1,578
10,036
Joint
Corp.
(The)*
903
10,213
LifeStance
Health
Group,
Inc.*
9,895
62,437
ModivCare,
Inc.*
926
26,724
Nano-X
Imaging
Ltd.*(a)
4,498
28,652
National
HealthCare
Corp.
1,036
142,067
National
Research
Corp.
1,271
28,979
NeoGenomics,
Inc.*
10,575
174,699
OPKO
Health,
Inc.*(a)
27,011
45,379
Option
Care
Health,
Inc.*
14,462
463,073
Owens
&
Minor,
Inc.*
6,255
97,203
PACS
Group,
Inc.*
2,063
81,839
Patterson
Cos.,
Inc.
6,670
150,008
Pediatrix
Medical
Group,
Inc.*
6,997
75,987
Pennant
Group,
Inc.
(The)*
2,396
82,087
Performant
Financial
Corp.*
5,866
20,707
PetIQ,
Inc.,
Class
a
A*
2,239
68,401
Privia
Health
Group,
Inc.*
8,461
170,405
Progyny,
Inc.*
7,003
164,500
Quipt
Home
Medical
Corp.*
3,389
9,693
RadNet,
Inc.*
5,483
363,468
Select
Medical
Holdings
Corp.
8,863
319,688
Sonida
Senior
Living,
Inc.*
283
7,811
Surgery
Partners,
Inc.*
6,369
203,490
Talkspace,
Inc.*
10,195
20,390
US
Physical
Therapy,
Inc.
1,241
106,230
Viemed
Healthcare,
Inc.*
2,845
21,622
6,246,563
Health
Care
REITs
—
0.5%
American
Healthcare
REIT,
Inc.,
REIT
5,393
112,876
CareTrust
REIT,
Inc.,
REIT
11,242
335,911
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
73
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Community
Healthcare
Trust,
Inc.,
REIT
2,225
$
41,674
Diversified
Healthcare
Trust,
REIT
18,115
63,040
Global
Medical
REIT,
Inc.,
REIT
5,039
46,913
LTC
Properties,
Inc.,
REIT
3,563
130,869
National
Health
Investors,
Inc.,
REIT
3,472
282,725
Sabra
Health
Care
REIT,
Inc.,
REIT
19,193
327,049
Strawberry
Fields
REIT,
Inc.,
REIT
483
5,724
Universal
Health
Realty
Income
Trust,
REIT
1,066
47,863
1,394,644
Health
Care
Technology
—
0.3%
Definitive
Healthcare
Corp.,
Class
a
A*
4,422
20,739
Evolent
Health,
Inc.,
Class
a
A*
9,574
306,177
Health
Catalyst,
Inc.*
4,846
34,843
HealthStream,
Inc.
2,021
58,690
LifeMD,
Inc.*
2,877
14,989
OptimizeRx
Corp.*
1,457
12,108
Phreesia,
Inc.*
4,224
108,599
Schrodinger,
Inc.*
4,612
96,990
Simulations
Plus,
Inc.
1,316
47,705
Teladoc
Health,
Inc.*
14,118
101,226
802,066
Hotel
&
Resort
REITs
—
0.6%
Apple
Hospitality
REIT,
Inc.,
REIT
18,908
273,032
Braemar
Hotels
&
Resorts,
Inc.,
REIT
5,465
16,996
Chatham
Lodging
Trust,
REIT
3,994
34,189
DiamondRock
Hospitality
Co.,
REIT
17,451
153,394
Pebblebrook
Hotel
Trust,
REIT
9,905
131,736
RLJ
Lodging
Trust,
REIT
12,641
120,089
Ryman
Hospitality
Properties,
Inc.,
REIT
4,864
505,661
Service
Properties
Trust,
REIT
13,682
64,169
Summit
Hotel
Properties,
Inc.,
REIT
8,705
59,107
Sunstone
Hotel
Investors,
Inc.,
REIT
16,870
175,954
Xenia
Hotels
&
Resorts,
Inc.,
REIT
8,457
120,428
1,654,755
Hotels,
Restaurants
&
Leisure
—
1.3%
Accel
Entertainment,
Inc.,
Class
a
A*
4,344
50,651
Bally's
Corp.*
1,987
34,176
Biglari
Holdings,
Inc.,
Class
a
B*
60
10,739
BJ's
Restaurants,
Inc.*
1,570
48,089
Bloomin'
Brands,
Inc.
6,549
114,608
Brinker
International,
Inc.*
3,656
261,477
Cheesecake
Factory,
Inc.
(The)
4,004
157,397
Chuy's
Holdings,
Inc.*
1,430
53,196
Investments
Shares
Value
Common
Stocks
(continued)
Cracker
Barrel
Old
Country
Store,
Inc.
1,836
$
72,669
Dave
&
Buster's
Entertainment,
Inc.*
2,732
85,621
Denny's
Corp.*
4,235
27,697
Despegar.com
Corp.*
5,099
62,667
Dine
Brands
Global,
Inc.
1,263
39,936
El
Pollo
Loco
Holdings,
Inc.*
2,231
30,922
Everi
Holdings,
Inc.*
6,554
85,530
First
Watch
Restaurant
Group,
Inc.*
2,517
41,556
Full
House
Resorts,
Inc.*
2,721
13,904
Global
Business
Travel
Group
I*
10,408
72,752
Golden
Entertainment,
Inc.
1,675
54,253
Hilton
Grand
Vacations,
Inc.*
6,119
236,071
Inspired
Entertainment,
Inc.*
1,819
16,426
International
Game
Technology
plc
9,436
211,272
Jack
in
the
Box,
Inc.
1,628
80,358
Krispy
Kreme,
Inc.
7,096
79,972
Kura
Sushi
USA,
Inc.,
Class
a
A*(a)
491
32,401
Life
Time
Group
Holdings,
Inc.*
4,881
114,801
Lindblad
Expeditions
Holdings,
Inc.*
2,939
29,155
Monarch
Casino
&
Resort,
Inc.
1,088
82,601
Mondee
Holdings,
Inc.,
Class
a
A*(a)
3,158
6,316
Nathan's
Famous,
Inc.
234
18,212
ONE
Group
Hospitality,
Inc.
(The)*
1,727
6,649
Papa
John's
International,
Inc.
2,758
130,646
PlayAGS,
Inc.*
3,258
36,881
Portillo's,
Inc.,
Class
a
A*
4,480
55,149
Potbelly
Corp.*
2,277
18,171
RCI
Hospitality
Holdings,
Inc.
722
32,916
Red
Rock
Resorts,
Inc.,
Class
a
A
4,080
237,782
Rush
Street
Interactive,
Inc.*
6,305
59,078
Sabre
Corp.*
31,196
95,148
Shake
Shack,
Inc.,
Class
a
A*
3,154
313,539
Six
Flags
Entertainment
Corp.
3,517
153,974
Super
Group
SGHC
Ltd.
12,427
42,873
Sweetgreen,
Inc.,
Class
a
A*
8,192
258,949
Target
Hospitality
Corp.*
2,732
26,473
United
Parks
&
Resorts,
Inc.*
2,957
145,544
Vacasa,
Inc.,
Class
a
A*(a)
778
2,606
Xponential
Fitness,
Inc.,
Class
a
A*
1,987
25,672
3,867,475
Household
Durables
—
1.7%
Beazer
Homes
USA,
Inc.*
2,458
76,886
Cavco
Industries,
Inc.*
695
287,257
Century
Communities,
Inc.
2,352
235,365
Champion
Homes,
Inc.*
4,449
415,581
Cricut,
Inc.,
Class
a
A(a)
3,836
22,172
Dream
Finders
Homes,
Inc.,
Class
a
A*
2,320
77,604
Ethan
Allen
Interiors,
Inc.
1,896
59,686
Flexsteel
Industries,
Inc.
383
15,849
GoPro,
Inc.,
Class
a
A*
10,379
13,285
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
74
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Green
Brick
Partners,
Inc.*
2,608
$
205,458
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
707
20,708
Helen
of
Troy
Ltd.*
1,972
105,265
Hooker
Furnishings
Corp.
880
13,939
Hovnanian
Enterprises,
Inc.,
Class
a
A*
413
89,303
Installed
Building
Products,
Inc.
1,988
441,952
iRobot
Corp.*
2,359
17,268
KB
Home
5,582
467,269
Landsea
Homes
Corp.*
1,492
17,770
La-Z-Boy,
Inc.
3,557
144,308
Legacy
Housing
Corp.*
931
25,100
LGI
Homes,
Inc.*
1,731
186,740
Lifetime
Brands,
Inc.
1,032
7,379
Lovesac
Co.
(The)*
1,178
27,377
M/I
Homes,
Inc.*
2,237
356,511
Meritage
Homes
Corp.
2,979
590,051
Purple
Innovation,
Inc.,
Class
a
A*
4,716
5,659
Sonos,
Inc.*
10,221
125,003
Taylor
Morrison
Home
Corp.,
Class
a
A*
8,610
579,711
Traeger,
Inc.*
2,838
10,188
Tri
Pointe
Homes,
Inc.*
7,751
344,455
United
Homes
Group,
Inc.*
436
2,655
Vizio
Holding
Corp.,
Class
a
A*
7,369
82,754
Worthington
Enterprises,
Inc.
2,610
119,538
5,190,046
Household
Products
—
0.2%
Central
Garden
&
Pet
Co.*
798
31,497
Central
Garden
&
Pet
Co.,
Class
a
A*
4,327
147,984
Energizer
Holdings,
Inc.
5,964
193,234
Oil-Dri
Corp.
of
America
406
27,685
WD-40
Co.
1,129
296,746
697,146
Independent
Power
and
Renewable
Electricity
Producers
—
0.2%
Altus
Power,
Inc.,
Class
a
A*
6,294
19,637
Montauk
Renewables,
Inc.*
5,474
25,673
Ormat
Technologies,
Inc.
4,477
333,671
Sunnova
Energy
International,
Inc.*(a)
9,007
100,068
479,049
Industrial
Conglomerates
—
0.0%(c)
Brookfield
Business
Corp.,
Class
a
A
2,152
49,044
Industrial
REITs
—
0.4%
Industrial
Logistics
Properties
Trust,
REIT
5,415
26,804
Innovative
Industrial
Properties,
Inc.,
REIT
2,337
290,442
LXP
Industrial
Trust,
REIT
24,106
249,738
Plymouth
Industrial
REIT,
Inc.,
REIT
3,327
79,649
Terreno
Realty
Corp.,
REIT
7,922
546,935
1,193,568
Investments
Shares
Value
Common
Stocks
(continued)
Insurance
—
1.4%
Ambac
Financial
Group,
Inc.*
3,599
$
42,108
American
Coastal
Insurance
Corp.*
2,004
22,505
AMERISAFE,
Inc.
1,580
79,190
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
5,462
256,113
CNO
Financial
Group,
Inc.
8,910
311,137
Crawford
&
Co.,
Class
a
A
1,259
13,308
Donegal
Group,
Inc.,
Class
a
A
1,282
19,512
Employers
Holdings,
Inc.
2,090
100,215
Enstar
Group
Ltd.*
1,051
342,626
F&G
Annuities
&
Life,
Inc.
1,543
70,500
Fidelis
Insurance
Holdings
Ltd.
3,998
74,043
Genworth
Financial,
Inc.,
Class
a
A*
36,155
252,362
GoHealth,
Inc.,
Class
a
A*
374
3,164
Goosehead
Insurance,
Inc.,
Class
a
A*
1,944
163,957
Greenlight
Capital
Re
Ltd.,
Class
a
A*
2,291
32,005
Hamilton
Insurance
Group
Ltd.,
Class
a
B*
1,383
27,079
HCI
Group,
Inc.
673
64,494
Heritage
Insurance
Holdings,
Inc.*
1,897
30,599
Hippo
Holdings,
Inc.*
1,636
32,475
Horace
Mann
Educators
Corp.
3,409
121,394
Investors
Title
Co.
118
26,584
James
River
Group
Holdings
Ltd.
2,599
19,233
Kingsway
Financial
Services,
Inc.*
1,065
8,829
Lemonade,
Inc.*(a)
4,277
79,253
Maiden
Holdings
Ltd.*
7,300
12,994
MBIA,
Inc.
3,701
14,508
Mercury
General
Corp.
2,221
147,097
NI
Holdings,
Inc.*
646
10,039
Oscar
Health,
Inc.,
Class
a
A*
16,125
295,087
Palomar
Holdings,
Inc.*
2,030
201,417
ProAssurance
Corp.*
4,477
59,992
Root,
Inc.,
Class
a
A*(a)
716
31,046
Safety
Insurance
Group,
Inc.
1,217
107,765
Selective
Insurance
Group,
Inc.
5,045
458,994
Selectquote,
Inc.*
11,100
45,288
SiriusPoint
Ltd.*
8,179
122,603
Skyward
Specialty
Insurance
Group,
Inc.*
3,081
125,920
Stewart
Information
Services
Corp.
2,245
165,928
Tiptree,
Inc.,
Class
a
A
2,089
41,425
Trupanion,
Inc.*(a)
2,733
124,980
United
Fire
Group,
Inc.
1,739
35,597
Universal
Insurance
Holdings,
Inc.
1,987
42,502
4,235,867
Interactive
Media
&
Services
—
0.4%
Bumble,
Inc.,
Class
a
A*
7,968
53,465
Cargurus,
Inc.,
Class
a
A*
7,325
212,279
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
75
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Cars.com,
Inc.*
5,462
$
97,442
EverQuote,
Inc.,
Class
a
A*
2,082
51,425
fuboTV,
Inc.*(a)
24,352
40,911
Getty
Images
Holdings,
Inc.*(a)
8,320
31,616
Grindr,
Inc.*
2,036
24,493
MediaAlpha,
Inc.,
Class
a
A*
2,060
36,668
Nextdoor
Holdings,
Inc.*
14,465
36,163
Outbrain,
Inc.*
3,200
16,320
QuinStreet,
Inc.*
4,368
83,472
Shutterstock,
Inc.(a)
2,071
74,308
System1,
Inc.*
1,941
2,407
TrueCar,
Inc.*
7,102
21,306
Vimeo,
Inc.*
12,281
65,703
Yelp,
Inc.,
Class
a
A*
5,439
189,984
Ziff
Davis,
Inc.*
3,773
184,387
ZipRecruiter,
Inc.,
Class
a
A*
5,953
56,851
1,279,200
IT
Services
—
0.5%
Applied
Digital
Corp.*(a)
8,167
29,810
ASGN,
Inc.*
3,742
359,831
Backblaze,
Inc.,
Class
a
A*
3,309
20,218
BigBear.ai
Holdings,
Inc.*(a)
8,426
13,397
BigCommerce
Holdings,
Inc.,
Series
1*
5,848
34,269
Core
Scientific,
Inc.*
14,792
152,654
Couchbase,
Inc.*
3,226
63,294
DigitalOcean
Holdings,
Inc.*
5,443
203,732
Fastly,
Inc.,
Class
a
A*
10,685
64,324
Grid
Dynamics
Holdings,
Inc.*
4,737
65,939
Hackett
Group,
Inc.
(The)
2,098
55,597
Information
Services
Group,
Inc.
2,920
10,220
Perficient,
Inc.*
2,879
216,414
Rackspace
Technology,
Inc.*
5,543
12,749
Squarespace,
Inc.,
Class
a
A*
5,036
229,037
Thoughtworks
Holding,
Inc.*
8,298
36,096
Tucows,
Inc.,
Class
a
A*(a)
661
14,152
Unisys
Corp.*
5,461
30,199
1,611,932
Leisure
Products
—
0.3%
Acushnet
Holdings
Corp.
2,403
160,977
AMMO,
Inc.*(a)
7,439
11,828
Clarus
Corp.
2,529
10,900
Escalade,
Inc.
829
11,589
Funko,
Inc.,
Class
a
A*
2,547
26,667
JAKKS
Pacific,
Inc.*
662
16,312
Johnson
Outdoors,
Inc.,
Class
a
A
394
14,164
Latham
Group,
Inc.*
3,360
21,000
Malibu
Boats,
Inc.,
Class
a
A*
1,680
61,102
Marine
Products
Corp.
728
6,843
MasterCraft
Boat
Holdings,
Inc.*
1,393
25,812
Peloton
Interactive,
Inc.,
Class
a
A*
28,048
130,704
Smith
&
Wesson
Brands,
Inc.
3,779
55,703
Solo
Brands,
Inc.,
Class
a
A*
1,352
1,852
Sturm
Ruger
&
Co.,
Inc.
1,406
59,221
Investments
Shares
Value
Common
Stocks
(continued)
Topgolf
Callaway
Brands
Corp.*
11,763
$
118,336
Vista
Outdoor,
Inc.*
4,836
193,633
926,643
Life
Sciences
Tools
&
Services
—
0.2%
Adaptive
Biotechnologies
Corp.*
9,606
45,148
Akoya
Biosciences,
Inc.*(a)
2,203
5,618
BioLife
Solutions,
Inc.*
2,939
76,061
ChromaDex
Corp.*
4,060
14,007
Codexis,
Inc.*
5,793
16,742
Conduit
Pharmaceuticals,
Inc.*
1,912
235
CryoPort,
Inc.*
3,608
33,627
Cytek
Biosciences,
Inc.*
10,066
57,779
Harvard
Bioscience,
Inc.*
3,379
9,732
Lifecore
Biomedical,
Inc.*
1,767
7,739
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
9,160
82,898
MaxCyte,
Inc.*
8,676
37,480
Mesa
Laboratories,
Inc.
427
57,086
Nautilus
Biotechnology,
Inc.,
Class
a
A*
4,040
10,504
OmniAb,
Inc.*
7,653
32,066
Pacific
Biosciences
of
California,
Inc.*(a)
22,684
31,077
Quanterix
Corp.*
2,980
38,829
Quantum-Si,
Inc.*(a)
8,304
7,862
Standard
BioTools,
Inc.*
25,020
53,293
617,783
Machinery
—
2.8%
374Water,
Inc.*
5,419
6,286
3D
Systems
Corp.*
10,566
22,611
Alamo
Group,
Inc.
849
157,405
Albany
International
Corp.,
Class
a
A
2,588
243,686
Astec
Industries,
Inc.
1,890
63,939
Atmus
Filtration
Technologies,
Inc.
6,950
249,158
Barnes
Group,
Inc.
3,852
154,234
Blue
Bird
Corp.*
2,666
136,446
Chart
Industries,
Inc.*
3,501
428,522
Columbus
McKinnon
Corp.
2,357
80,633
Commercial
Vehicle
Group,
Inc.*
2,729
9,906
Douglas
Dynamics,
Inc.
1,880
52,339
Eastern
Co.
(The)
432
13,008
Energy
Recovery,
Inc.*
4,709
76,474
Enerpac
Tool
Group
Corp.,
Class
a
A
4,511
186,034
Enpro,
Inc.
1,741
280,005
ESCO
Technologies,
Inc.
2,147
257,447
Federal
Signal
Corp.
4,988
471,316
Franklin
Electric
Co.,
Inc.
3,757
390,202
Gencor
Industries,
Inc.*
853
17,205
Gorman-Rupp
Co.
(The)
1,738
67,747
Graham
Corp.*
850
27,064
Greenbrier
Cos.,
Inc.
(The)
2,545
123,305
Helios
Technologies,
Inc.
2,758
121,876
Hillenbrand,
Inc.
5,825
191,992
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
76
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Hillman
Solutions
Corp.*
16,299
$
162,175
Hyliion
Holdings
Corp.*
11,688
21,857
Hyster-Yale,
Inc.
950
59,812
John
Bean
Technologies
Corp.
2,635
236,728
Kadant,
Inc.
973
312,459
Kennametal,
Inc.
6,572
170,018
L
B
Foster
Co.,
Class
a
A*
752
15,100
Lindsay
Corp.
910
112,885
Luxfer
Holdings
plc
2,221
24,920
Manitowoc
Co.,
Inc.
(The)*
2,888
29,140
Mayville
Engineering
Co.,
Inc.*
1,055
20,372
Miller
Industries,
Inc.
920
55,853
Mueller
Industries,
Inc.
9,268
673,876
Mueller
Water
Products,
Inc.,
Class
a
A
12,887
276,684
Nikola
Corp.*
1
7
NN,
Inc.*
3,819
15,047
Omega
Flex,
Inc.
294
13,877
Park-Ohio
Holdings
Corp.
712
21,531
Proto
Labs,
Inc.*
2,127
65,044
REV
Group,
Inc.
4,258
135,575
Shyft
Group,
Inc.
(The)
2,802
39,760
SPX
Technologies,
Inc.*
3,733
609,002
Standex
International
Corp.
965
172,397
Taylor
Devices,
Inc.*
196
11,215
Tennant
Co.
1,573
153,635
Terex
Corp.
5,526
313,711
Titan
International,
Inc.*
4,139
34,478
Trinity
Industries,
Inc.
6,779
223,775
Twin
Disc,
Inc.
926
12,186
Wabash
National
Corp.
3,702
72,041
Watts
Water
Technologies,
Inc.,
Class
a
A
2,272
446,902
8,340,902
Marine
Transportation
—
0.2%
Costamare,
Inc.
3,561
50,531
Genco
Shipping
&
Trading
Ltd.
3,498
61,530
Golden
Ocean
Group
Ltd.
10,093
124,144
Himalaya
Shipping
Ltd.
2,467
18,971
Matson,
Inc.
2,821
390,144
Pangaea
Logistics
Solutions
Ltd.
2,600
17,550
Safe
Bulkers,
Inc.
5,236
26,756
689,626
Media
—
0.6%
Advantage
Solutions,
Inc.*(a)
8,876
34,350
AMC
Networks,
Inc.,
Class
a
A*
2,645
26,053
Boston
Omaha
Corp.,
Class
a
A*
2,044
29,209
Cable
One,
Inc.
467
164,720
Cardlytics,
Inc.*
3,330
13,020
Clear
Channel
Outdoor
Holdings,
Inc.*
28,938
43,407
EchoStar
Corp.,
Class
a
A*
10,096
187,180
Emerald
Holding,
Inc.
1,260
6,993
Entravision
Communications
Corp.,
Class
a
A
5,099
10,606
EW
Scripps
Co.
(The),
Class
a
A*
5,024
9,897
Gambling.com
Group
Ltd.*
1,435
14,623
Investments
Shares
Value
Common
Stocks
(continued)
Gannett
Co.,
Inc.*
11,771
$
62,269
Gray
Television,
Inc.
7,096
36,190
Ibotta,
Inc.,
Class
a
A*
632
36,144
iHeartMedia,
Inc.,
Class
a
A*
8,571
13,371
Innovid
Corp.*
8,833
16,164
Integral
Ad
Science
Holding
Corp.*
5,993
69,699
John
Wiley
&
Sons,
Inc.,
Class
a
A
2,991
144,495
Magnite,
Inc.*
10,434
143,885
National
CineMedia,
Inc.*
5,878
40,499
PubMatic,
Inc.,
Class
a
A*
3,467
54,085
Scholastic
Corp.
1,952
62,230
Sinclair,
Inc.
2,656
36,971
Stagwell,
Inc.,
Class
a
A*
7,516
54,040
TechTarget,
Inc.*
2,144
57,138
TEGNA,
Inc.
14,616
202,870
Thryv
Holdings,
Inc.*
2,639
48,082
Townsquare
Media,
Inc.,
Class
a
A
1,087
11,490
WideOpenWest,
Inc.*
4,085
22,549
1,652,229
Metals
&
Mining
—
1.2%
Alpha
Metallurgical
Resources,
Inc.
911
217,866
Arch
Resources,
Inc.
1,458
198,915
Caledonia
Mining
Corp.
plc
1,363
17,692
Carpenter
Technology
Corp.
3,947
571,407
Century
Aluminum
Co.*
4,378
62,868
Coeur
Mining,
Inc.*
32,768
201,196
Commercial
Metals
Co.
9,599
514,410
Compass
Minerals
International,
Inc.
2,864
25,289
Constellium
SE,
Class
a
A*
10,741
180,127
Contango
ORE,
Inc.*(a)
649
13,967
Critical
Metals
Corp.*(a)
606
5,078
Dakota
Gold
Corp.*
5,441
12,623
Haynes
International,
Inc.
1,048
63,027
Hecla
Mining
Co.
47,983
284,539
i-80
Gold
Corp.*
21,503
22,793
Ivanhoe
Electric,
Inc.*
6,932
48,940
Kaiser
Aluminum
Corp.
1,326
98,853
Lifezone
Metals
Ltd.*
3,028
18,652
Materion
Corp.
1,707
198,080
Metallus,
Inc.*
3,551
57,739
Metals
Acquisition
Ltd.,
Class
a
A*
4,467
50,164
Novagold
Resources,
Inc.*
20,228
85,969
Olympic
Steel,
Inc.
920
36,892
Perpetua
Resources
Corp.*
3,194
28,427
Piedmont
Lithium,
Inc.*(a)
1,500
12,360
Radius
Recycling,
Inc.,
Class
a
A
2,184
33,066
Ramaco
Resources,
Inc.,
Class
a
A
2,201
26,830
Ramaco
Resources,
Inc.,
Class
a
B
413
4,679
Ryerson
Holding
Corp.
2,411
48,268
SSR
Mining,
Inc.
16,831
87,353
SunCoke
Energy,
Inc.
6,948
62,254
Tredegar
Corp.*
2,206
13,523
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
77
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Universal
Stainless
&
Alloy
Products,
Inc.*
722
$
30,411
Warrior
Met
Coal,
Inc.
4,300
263,633
Worthington
Steel,
Inc.
2,700
95,580
3,693,470
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.7%
AFC
Gamma,
Inc.
1,403
14,675
AG
Mortgage
Investment
Trust,
Inc.
2,387
17,759
Angel
Oak
Mortgage
REIT,
Inc.
984
11,119
Apollo
Commercial
Real
Estate
Finance,
Inc.
11,823
125,206
Arbor
Realty
Trust,
Inc.(a)
15,274
207,726
Ares
Commercial
Real
Estate
Corp.
4,430
31,276
ARMOUR
Residential
REIT,
Inc.
4,067
83,170
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
14,400
265,824
BrightSpire
Capital,
Inc.,
Class
a
A
10,713
63,742
Chicago
Atlantic
Real
Estate
Finance,
Inc.
1,402
22,292
Chimera
Investment
Corp.
6,680
103,406
Claros
Mortgage
Trust,
Inc.
7,159
57,272
Dynex
Capital,
Inc.
5,299
66,767
Ellington
Financial,
Inc.
6,850
90,078
Franklin
BSP
Realty
Trust,
Inc.
6,810
92,752
Granite
Point
Mortgage
Trust,
Inc.
4,175
10,980
Invesco
Mortgage
Capital,
Inc.
4,065
35,652
KKR
Real
Estate
Finance
Trust,
Inc.
4,876
58,171
Ladder
Capital
Corp.,
Class
a
A
9,415
116,369
MFA
Financial,
Inc.
8,490
106,295
New
York
Mortgage
Trust,
Inc.
7,526
50,199
Nexpoint
Real
Estate
Finance,
Inc.
677
11,259
Orchid
Island
Capital,
Inc.
4,409
36,154
PennyMac
Mortgage
Investment
Trust
7,207
102,412
Ready
Capital
Corp.
13,403
111,111
Redwood
Trust,
Inc.
10,920
82,664
Seven
Hills
Realty
Trust
1,061
14,716
Sunrise
Realty
Trust,
Inc.*
467
6,580
TPG
RE
Finance
Trust,
Inc.
4,760
43,126
Two
Harbors
Investment
Corp.
8,612
121,946
2,160,698
Multi-Utilities
—
0.3%
Avista
Corp.
6,493
250,890
Black
Hills
Corp.
5,690
336,393
Northwestern
Energy
Group,
Inc.
5,114
278,150
Unitil
Corp.
1,325
79,897
945,330
Office
REITs
—
0.6%
Brandywine
Realty
Trust,
REIT
14,057
73,518
City
Office
REIT,
Inc.,
REIT
3,233
19,010
COPT
Defense
Properties,
REIT
9,338
278,179
Investments
Shares
Value
Common
Stocks
(continued)
Douglas
Emmett,
Inc.,
REIT
13,395
$
214,320
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
8,051
105,629
Equity
Commonwealth,
REIT*
8,772
177,809
Franklin
Street
Properties
Corp.,
REIT
8,089
14,722
JBG
SMITH
Properties,
REIT
7,360
128,064
NET
Lease
Office
Properties,
REIT
1,232
37,342
Orion
Office
REIT,
Inc.,
REIT
4,656
19,090
Paramount
Group,
Inc.,
REIT
15,302
77,275
Peakstone
Realty
Trust,
REIT
3,028
40,394
Piedmont
Office
Realty
Trust,
Inc.,
Class
a
A,
REIT
10,240
99,942
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT
1,786
25,879
SL
Green
Realty
Corp.,
REIT
5,510
367,186
1,678,359
Oil,
Gas
&
Consumable
Fuels
—
2.4%
Aemetis,
Inc.*(a)
3,004
7,390
Amplify
Energy
Corp.*
3,251
23,180
Ardmore
Shipping
Corp.
3,438
64,909
Berry
Corp.
6,354
39,331
California
Resources
Corp.
5,721
300,181
Centrus
Energy
Corp.,
Class
a
A*
1,170
46,332
Clean
Energy
Fuels
Corp.*
14,157
43,745
CNX
Resources
Corp.*
12,425
343,800
Comstock
Resources,
Inc.(a)
7,663
81,458
CONSOL
Energy,
Inc.
2,427
248,234
Crescent
Energy
Co.,
Class
a
A
11,450
136,599
CVR
Energy,
Inc.
2,833
72,015
Delek
US
Holdings,
Inc.
5,258
107,368
DHT
Holdings,
Inc.
11,195
121,242
Diversified
Energy
Co.
plc(a)(b)
3,899
47,685
Dorian
LPG
Ltd.
2,873
112,018
Empire
Petroleum
Corp.*(a)
1,163
6,873
Encore
Energy
Corp.*(a)
14,782
53,806
Energy
Fuels,
Inc.*(a)
13,442
65,866
Evolution
Petroleum
Corp.
2,543
13,096
Excelerate
Energy,
Inc.,
Class
a
A
1,446
26,361
FLEX
LNG
Ltd.(a)
2,533
67,530
FutureFuel
Corp.
2,165
13,510
Golar
LNG
Ltd.
8,209
273,278
Granite
Ridge
Resources,
Inc.
4,367
27,730
Green
Plains,
Inc.*
5,285
74,888
Gulfport
Energy
Corp.*
1,075
155,940
Hallador
Energy
Co.*
2,071
13,896
HighPeak
Energy,
Inc.(a)
1,205
19,376
International
Seaways,
Inc.
3,351
173,682
Kinetik
Holdings,
Inc.,
Class
a
A
3,173
140,374
Kosmos
Energy
Ltd.*
38,802
188,966
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
14,364
367,862
Murphy
Oil
Corp.
12,030
448,478
NACCO
Industries,
Inc.,
Class
a
A
344
9,591
NextDecade
Corp.*
9,589
44,685
Nordic
American
Tankers
Ltd.
16,905
62,887
Northern
Oil
&
Gas,
Inc.
8,227
327,270
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
78
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Par
Pacific
Holdings,
Inc.*
4,751
$
106,612
PBF
Energy,
Inc.,
Class
a
A
8,614
293,393
Peabody
Energy
Corp.
10,615
248,497
PrimeEnergy
Resources
Corp.*
58
7,771
REX
American
Resources
Corp.*
1,278
57,957
Riley
Exploration
Permian,
Inc.
942
26,847
Ring
Energy,
Inc.*(a)
12,289
22,735
Sable
Offshore
Corp.*
4,185
70,475
SandRidge
Energy,
Inc.
2,668
35,431
Scorpio
Tankers,
Inc.
3,885
277,933
SFL
Corp.
Ltd.
9,348
110,867
Sitio
Royalties
Corp.,
Class
a
A
6,854
152,364
SM
Energy
Co.
9,489
432,983
Talos
Energy,
Inc.*
12,273
140,771
Teekay
Corp.*
4,744
39,423
Teekay
Tankers
Ltd.,
Class
a
A
1,990
113,191
Uranium
Energy
Corp.*
32,621
170,608
Ur-Energy,
Inc.*(a)
22,807
26,684
VAALCO
Energy,
Inc.
8,639
56,240
Verde
Clean
Fuels,
Inc.*(a)
271
1,087
Vital
Energy,
Inc.*
2,371
85,095
Vitesse
Energy,
Inc.
2,074
53,634
W&T
Offshore,
Inc.(a)
8,180
18,732
World
Kinect
Corp.
4,886
140,668
7,061,430
Paper
&
Forest
Products
—
0.1%
Clearwater
Paper
Corp.*
1,346
44,781
Sylvamo
Corp.
2,917
230,706
275,487
Passenger
Airlines
—
0.3%
Allegiant
Travel
Co.
1,285
54,073
Blade
Air
Mobility,
Inc.*
4,693
14,689
Frontier
Group
Holdings,
Inc.*(a)
3,497
12,694
Hawaiian
Holdings,
Inc.*
4,234
73,333
JetBlue
Airways
Corp.*
25,406
129,062
Joby
Aviation,
Inc.*(a)
33,332
166,660
SkyWest,
Inc.*
3,286
254,796
Spirit
Airlines,
Inc.(a)
9,102
23,483
Sun
Country
Airlines
Holdings,
Inc.*
3,275
35,960
Wheels
Up
Experience,
Inc.*(a)
7,437
13,164
777,914
Personal
Care
Products
—
0.2%
Beauty
Health
Co.
(The)*(a)
6,171
11,046
Edgewell
Personal
Care
Co.
4,081
164,138
Herbalife
Ltd.*
8,287
67,622
Honest
Co.,
Inc.
(The)*
6,642
31,018
Inter
Parfums,
Inc.
1,511
194,677
Medifast,
Inc.
892
16,324
Nature's
Sunshine
Products,
Inc.*
1,068
14,738
Nu
Skin
Enterprises,
Inc.,
Class
a
A
4,115
36,747
Olaplex
Holdings,
Inc.*
11,498
24,031
USANA
Health
Sciences,
Inc.*
946
38,616
Veru,
Inc.*
10,955
8,965
Investments
Shares
Value
Common
Stocks
(continued)
Waldencast
plc,
Class
a
A*
2,025
$
6,480
614,402
Pharmaceuticals
—
1.3%
Alimera
Sciences,
Inc.*
1,778
9,832
Alto
Neuroscience,
Inc.*
735
9,415
Amneal
Pharmaceuticals,
Inc.*
13,197
114,286
Amphastar
Pharmaceuticals,
Inc.*
3,190
155,481
ANI
Pharmaceuticals,
Inc.*
1,534
97,792
Aquestive
Therapeutics,
Inc.*
6,158
27,896
Arvinas,
Inc.*
5,329
139,407
Atea
Pharmaceuticals,
Inc.*
6,398
24,632
Avadel
Pharmaceuticals
plc,
ADR*
7,666
116,293
Axsome
Therapeutics,
Inc.*
3,022
268,535
Biote
Corp.,
Class
a
A*
2,236
14,042
Cassava
Sciences,
Inc.*(a)
3,368
96,695
Collegium
Pharmaceutical,
Inc.*
2,701
103,880
Contineum
Therapeutics,
Inc.,
Class
a
A*
575
11,207
Corcept
Therapeutics,
Inc.*
6,706
236,722
CorMedix,
Inc.*(a)
4,555
28,423
Edgewise
Therapeutics,
Inc.*
6,021
112,894
Enliven
Therapeutics,
Inc.*
2,919
63,868
Esperion
Therapeutics,
Inc.*
15,670
28,676
Evolus,
Inc.*
4,584
72,840
EyePoint
Pharmaceuticals,
Inc.*
4,147
37,116
Fulcrum
Therapeutics,
Inc.*
5,146
43,998
Harmony
Biosciences
Holdings,
Inc.*
2,504
90,094
Harrow,
Inc.*
2,533
102,485
Innoviva,
Inc.*
4,589
88,935
Ligand
Pharmaceuticals,
Inc.*
1,412
149,390
Liquidia
Corp.*
4,781
45,467
Longboard
Pharmaceuticals,
Inc.*
2,681
96,730
Lyra
Therapeutics,
Inc.*(a)
4,015
1,292
MediWound
Ltd.*
664
12,211
Mind
Medicine
MindMed,
Inc.*
5,970
36,178
Nektar
Therapeutics,
Class
a
A*
14,805
18,950
Neumora
Therapeutics,
Inc.*(a)
6,976
80,224
Nuvation
Bio,
Inc.*
14,884
47,926
Ocular
Therapeutix,
Inc.*
12,905
113,822
Omeros
Corp.*(a)
4,638
19,526
Pacira
BioSciences,
Inc.*
3,800
59,128
Phathom
Pharmaceuticals,
Inc.*(a)
2,830
46,752
Phibro
Animal
Health
Corp.,
Class
a
A
1,694
35,574
Pliant
Therapeutics,
Inc.*
4,725
62,795
Prestige
Consumer
Healthcare,
Inc.*
4,109
306,696
Revance
Therapeutics,
Inc.*
8,635
56,732
Scilex
Holding
Co.*
3,181
3,658
scPharmaceuticals,
Inc.*
2,355
11,987
SIGA
Technologies,
Inc.
3,841
34,684
Supernus
Pharmaceuticals,
Inc.*
4,164
146,406
Tarsus
Pharmaceuticals,
Inc.*
3,051
82,713
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
79
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Telomir
Pharmaceuticals,
Inc.*(a)
398
$
2,086
Terns
Pharmaceuticals,
Inc.*
4,774
36,378
Theravance
Biopharma,
Inc.*
3,045
25,121
Third
Harmonic
Bio,
Inc.*(a)
1,645
19,000
Trevi
Therapeutics,
Inc.*
4,871
15,392
Ventyx
Biosciences,
Inc.*
5,039
11,237
Verrica
Pharmaceuticals,
Inc.*(a)
1,570
3,690
WaVe
Life
Sciences
Ltd.*
6,421
36,857
Xeris
Biopharma
Holdings,
Inc.*
11,629
32,677
Zevra
Therapeutics,
Inc.*
3,489
26,691
3,773,414
Professional
Services
—
1.7%
Alight,
Inc.,
Class
a
A*
39,395
293,887
Asure
Software,
Inc.*
1,964
16,871
Barrett
Business
Services,
Inc.
2,125
77,584
BlackSky
Technology,
Inc.,
Class
a
A*
8,827
9,798
CBIZ,
Inc.*
3,975
292,560
Conduent,
Inc.*
13,374
51,089
CRA
International,
Inc.
553
93,236
CSG
Systems
International,
Inc.
2,455
119,117
DLH
Holdings
Corp.*
703
7,649
ExlService
Holdings,
Inc.*
13,037
476,372
Exponent,
Inc.
4,192
453,868
First
Advantage
Corp.*
4,215
80,717
FiscalNote
Holdings,
Inc.*
4,995
6,493
Forrester
Research,
Inc.*
992
19,026
Franklin
Covey
Co.*
944
38,005
Heidrick
&
Struggles
International,
Inc.
1,670
64,462
HireQuest,
Inc.
457
6,508
Huron
Consulting
Group,
Inc.*
1,475
162,899
IBEX
Holdings
Ltd.*
744
12,826
ICF
International,
Inc.
1,547
256,431
Innodata,
Inc.*(a)
2,244
38,776
Insperity,
Inc.
2,978
279,902
Kelly
Services,
Inc.,
Class
a
A
2,570
54,253
Kforce,
Inc.
1,548
101,533
Korn
Ferry
4,307
314,626
Legalzoom.com,
Inc.*
11,432
77,052
Maximus,
Inc.
5,059
466,743
Mistras
Group,
Inc.*
1,721
20,583
NV5
Global,
Inc.*
1,184
113,818
Planet
Labs
PBC*
13,976
37,595
Resources
Connection,
Inc.
2,684
27,994
Spire
Global,
Inc.*(a)
1,850
15,873
Sterling
Check
Corp.*
2,748
44,490
TriNet
Group,
Inc.
2,699
277,538
TrueBlue,
Inc.*
2,543
20,268
TTEC
Holdings,
Inc.
1,624
8,299
Upwork,
Inc.*
10,331
99,591
Verra
Mobility
Corp.,
Class
a
A*
13,810
381,294
Willdan
Group,
Inc.*
1,043
39,749
WNS
Holdings
Ltd.*
3,845
227,624
5,186,999
Real
Estate
Management
&
Development
—
0.6%
American
Realty
Investors,
Inc.*
123
2,338
Investments
Shares
Value
Common
Stocks
(continued)
Anywhere
Real
Estate,
Inc.*
8,140
$
39,805
Compass,
Inc.,
Class
a
A*
30,239
155,126
Cushman
&
Wakefield
plc*
18,990
246,870
DigitalBridge
Group,
Inc.
13,184
164,668
eXp
World
Holdings,
Inc.(a)
6,718
79,004
Forestar
Group,
Inc.*
1,578
48,823
FRP
Holdings,
Inc.*
1,105
32,730
Kennedy-Wilson
Holdings,
Inc.
9,430
104,862
Marcus
&
Millichap,
Inc.
1,946
77,198
Maui
Land
&
Pineapple
Co.,
Inc.*
631
16,412
Newmark
Group,
Inc.,
Class
a
A
11,327
156,652
Offerpad
Solutions,
Inc.*(a)
866
3,369
Opendoor
Technologies,
Inc.*
51,390
110,489
RE/MAX
Holdings,
Inc.,
Class
a
A*
1,485
16,810
Real
Brokerage,
Inc.
(The)*
7,891
49,161
Redfin
Corp.*
9,725
90,832
RMR
Group,
Inc.
(The),
Class
a
A
1,282
32,678
St
Joe
Co.
(The)
2,991
177,576
Star
Holdings*
1,073
14,378
Stratus
Properties,
Inc.*
464
12,096
Tejon
Ranch
Co.*
1,736
31,057
Transcontinental
Realty
Investors,
Inc.*
102
3,067
1,666,001
Residential
REITs
—
0.4%
Apartment
Investment
and
Management
Co.,
Class
a
A,
REIT*
11,797
109,712
BRT
Apartments
Corp.,
REIT
935
17,756
Centerspace,
REIT
1,236
92,453
Clipper
Realty,
Inc.,
REIT
986
4,851
Elme
Communities,
REIT
7,299
128,900
Independence
Realty
Trust,
Inc.,
REIT
18,744
389,500
NexPoint
Residential
Trust,
Inc.,
REIT
1,883
89,066
UMH
Properties,
Inc.,
REIT
5,296
103,060
Veris
Residential,
Inc.,
REIT
6,512
114,221
1,049,519
Retail
REITs
—
0.9%
Acadia
Realty
Trust,
REIT
8,379
188,611
Alexander's,
Inc.,
REIT
178
40,791
CBL
&
Associates
Properties,
Inc.,
REIT(a)
1,885
49,764
Getty
Realty
Corp.,
REIT
4,103
130,393
InvenTrust
Properties
Corp.,
REIT
5,652
167,751
Kite
Realty
Group
Trust,
REIT
18,010
469,701
Macerich
Co.
(The),
REIT
17,971
286,997
NETSTREIT
Corp.,
REIT
6,115
102,059
Phillips
Edison
&
Co.,
Inc.,
REIT
10,184
376,401
Retail
Opportunity
Investments
Corp.,
REIT
10,280
157,181
Saul
Centers,
Inc.,
REIT
873
35,636
SITE
Centers
Corp.,
REIT
3,938
237,658
Tanger,
Inc.,
REIT
8,830
268,785
Urban
Edge
Properties,
REIT
9,937
210,168
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
80
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Whitestone
REIT,
REIT
4,054
$
54,405
2,776,301
Semiconductors
&
Semiconductor
Equipment
—
1.7%
ACM
Research,
Inc.,
Class
a
A*
4,224
76,201
Aehr
Test
Systems*
2,295
34,907
Alpha
&
Omega
Semiconductor
Ltd.*
1,924
80,442
Ambarella,
Inc.*
3,143
187,637
Axcelis
Technologies,
Inc.*
2,702
295,410
CEVA,
Inc.*
1,934
46,300
Cohu,
Inc.*
3,840
103,334
Credo
Technology
Group
Holding
Ltd.*
10,556
368,510
Diodes,
Inc.*
3,783
263,637
Everspin
Technologies,
Inc.*
1,613
8,984
FormFactor,
Inc.*
6,421
313,152
GCT
Semiconductor
Holding,
Inc.*
627
1,756
Ichor
Holdings
Ltd.*
2,700
83,700
Impinj,
Inc.*
1,875
315,187
indie
Semiconductor,
Inc.,
Class
a
A*
13,604
56,457
Kulicke
&
Soffa
Industries,
Inc.
4,549
199,292
MaxLinear,
Inc.,
Class
a
A*
6,553
99,475
Navitas
Semiconductor
Corp.,
Class
a
A*(a)
10,463
31,598
NVE
Corp.
397
33,249
PDF
Solutions,
Inc.*
2,581
81,431
Photronics,
Inc.*
5,112
132,196
Power
Integrations,
Inc.
4,694
314,967
QuickLogic
Corp.*(a)
1,144
9,610
Rambus,
Inc.*
9,029
403,777
Rigetti
Computing,
Inc.*(a)
11,731
10,750
Semtech
Corp.*
5,374
235,489
Silicon
Laboratories,
Inc.*
2,629
311,195
SiTime
Corp.*
1,524
220,462
SkyWater
Technology,
Inc.*(a)
2,260
20,272
SMART
Global
Holdings,
Inc.*
4,269
88,454
Synaptics,
Inc.*
3,233
263,231
Ultra
Clean
Holdings,
Inc.*
3,670
138,359
Veeco
Instruments,
Inc.*
4,609
163,573
4,992,994
Software
—
4.3%
8x8,
Inc.*
9,698
18,232
A10
Networks,
Inc.
5,879
80,954
ACI
Worldwide,
Inc.*
8,748
440,549
Adeia,
Inc.
9,024
113,702
Agilysys,
Inc.*
1,833
207,312
Airship
AI
Holdings,
Inc.*(a)
255
793
Alarm.com
Holdings,
Inc.*
4,002
238,279
Alkami
Technology,
Inc.*
3,652
121,758
Altair
Engineering,
Inc.,
Class
a
A*
4,740
428,306
American
Software,
Inc.,
Class
a
A
2,606
29,995
Amplitude,
Inc.,
Class
a
A*
6,336
55,820
Appian
Corp.,
Class
a
A*
3,341
108,382
Arteris,
Inc.*
2,288
19,631
Asana,
Inc.,
Class
a
A*
6,582
92,543
Investments
Shares
Value
Common
Stocks
(continued)
AudioEye,
Inc.*(a)
579
$
14,018
Aurora
Innovation,
Inc.,
Class
a
A*
76,559
357,530
AvePoint,
Inc.*
10,525
121,564
Bit
Digital,
Inc.*(a)
9,703
31,244
Blackbaud,
Inc.*
3,423
286,163
BlackLine,
Inc.*
4,787
237,196
Blend
Labs,
Inc.,
Class
a
A*
19,149
70,277
Box,
Inc.,
Class
a
A*
11,680
380,768
Braze,
Inc.,
Class
a
A*
4,341
194,390
C3.ai,
Inc.,
Class
a
A*
6,855
159,996
Cerence,
Inc.*
3,412
11,260
Cipher
Mining,
Inc.*
14,318
50,256
Cleanspark,
Inc.*
18,379
196,471
Clear
Secure,
Inc.,
Class
a
A
7,281
221,269
Clearwater
Analytics
Holdings,
Inc.,
Class
a
A*
11,612
287,745
CommVault
Systems,
Inc.*
3,620
562,548
Consensus
Cloud
Solutions,
Inc.*
1,494
35,990
CS
Disco,
Inc.*
2,438
13,482
Daily
Journal
Corp.*
116
57,665
Dave,
Inc.*
648
24,365
Digimarc
Corp.*(a)
1,259
36,121
Digital
Turbine,
Inc.*
7,958
25,625
Domo,
Inc.,
Class
a
B*
2,805
20,953
D-Wave
Quantum,
Inc.*(a)
7,263
7,336
E2open
Parent
Holdings,
Inc.*
14,157
63,423
eGain
Corp.*
1,683
12,067
Enfusion,
Inc.,
Class
a
A*
4,014
33,276
Envestnet,
Inc.*
4,203
263,738
EverCommerce,
Inc.*
1,769
18,946
Freshworks,
Inc.,
Class
a
A*
16,908
197,485
Hut
8
Corp.*(a)
6,650
67,231
iLearningEngines
Holdings,
Inc.*(a)
2,430
3,378
Instructure
Holdings,
Inc.*
1,831
42,900
Intapp,
Inc.*
3,238
149,596
InterDigital,
Inc.
2,098
290,699
Jamf
Holding
Corp.*
6,151
113,793
Kaltura,
Inc.*
7,970
10,839
LiveRamp
Holdings,
Inc.*
5,404
140,072
Marathon
Digital
Holdings,
Inc.*
22,677
378,706
Matterport,
Inc.*
21,722
98,401
MeridianLink,
Inc.*
2,237
51,071
Mitek
Systems,
Inc.*
3,839
35,779
N-able,
Inc.*
5,924
76,183
NCR
Voyix
Corp.*
12,067
162,784
NextNav,
Inc.*(a)
6,222
47,723
Olo,
Inc.,
Class
a
A*
8,688
45,612
ON24,
Inc.*
2,288
14,758
OneSpan,
Inc.*
3,141
50,633
Ooma,
Inc.*
2,049
21,310
Pagaya
Technologies
Ltd.,
Class
a
A*
3,351
50,466
PagerDuty,
Inc.*
7,403
146,431
Porch
Group,
Inc.*
6,400
9,216
PowerSchool
Holdings,
Inc.,
Class
a
A*
4,939
112,165
Prairie
Operating
Co.*
347
3,026
Progress
Software
Corp.
3,561
207,072
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
81
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
PROS
Holdings,
Inc.*
3,793
$
76,353
Q2
Holdings,
Inc.*
4,880
362,145
Qualys,
Inc.*
3,080
385,524
Rapid7,
Inc.*
5,133
194,079
Red
Violet,
Inc.*
915
26,443
Rekor
Systems,
Inc.*
5,892
7,365
ReposiTrak,
Inc.(a)
973
18,925
Rimini
Street,
Inc.*
4,399
7,742
Riot
Platforms,
Inc.*
22,510
169,500
Roadzen,
Inc.*
1,253
2,656
Sapiens
International
Corp.
NV
2,553
92,904
SEMrush
Holdings,
Inc.,
Class
a
A*
3,008
41,330
SolarWinds
Corp.
4,514
57,734
SoundHound
AI,
Inc.,
Class
a
A*(a)
23,536
115,091
SoundThinking,
Inc.*
824
11,618
Sprinklr,
Inc.,
Class
a
A*
8,527
76,487
Sprout
Social,
Inc.,
Class
a
A*
4,096
127,386
SPS
Commerce,
Inc.*
3,086
616,398
Telos
Corp.*
4,666
17,031
Tenable
Holdings,
Inc.*
9,780
403,718
Terawulf,
Inc.*
19,088
83,224
Varonis
Systems,
Inc.,
Class
a
B*
9,145
517,607
Verint
Systems,
Inc.*
5,123
161,631
Vertex,
Inc.,
Class
a
A*
4,500
174,105
Viant
Technology,
Inc.,
Class
a
A*
1,290
14,358
Weave
Communications,
Inc.*
3,246
36,615
WM
Technology,
Inc.*
6,921
6,848
Workiva,
Inc.,
Class
a
A*
4,189
327,454
Xperi,
Inc.*
3,730
32,899
Yext,
Inc.*
8,693
44,247
Zeta
Global
Holdings
Corp.,
Class
a
A*
13,641
360,259
Zuora,
Inc.,
Class
a
A*
10,742
94,422
12,943,365
Specialized
REITs
—
0.3%
Farmland
Partners,
Inc.,
REIT
3,649
37,366
Four
Corners
Property
Trust,
Inc.,
REIT
7,610
215,743
Gladstone
Land
Corp.,
REIT
2,787
37,820
Outfront
Media,
Inc.,
REIT
12,275
209,289
PotlatchDeltic
Corp.,
REIT
6,588
286,314
Safehold,
Inc.,
REIT
4,296
107,658
Uniti
Group,
Inc.,
REIT
19,836
86,485
980,675
Specialty
Retail
—
1.7%
1-800-Flowers.com,
Inc.,
Class
a
A*
2,144
17,216
Aaron's
Co.,
Inc.
(The)
2,572
25,952
Abercrombie
&
Fitch
Co.,
Class
a
A*
4,171
615,514
Academy
Sports
&
Outdoors,
Inc.
5,996
332,658
aka
Brands
Holding
Corp.*
53
1,178
American
Eagle
Outfitters,
Inc.
15,125
311,273
America's
Car-Mart,
Inc.*
499
30,204
Arhaus,
Inc.,
Class
a
A
4,249
52,305
Investments
Shares
Value
Common
Stocks
(continued)
Arko
Corp.
6,676
$
41,792
Asbury
Automotive
Group,
Inc.*
1,680
412,675
BARK,
Inc.*(a)
10,993
18,358
Beyond,
Inc.*
3,784
37,197
Boot
Barn
Holdings,
Inc.*
2,454
329,253
Buckle,
Inc.
(The)
2,562
107,348
Build-A-Bear
Workshop,
Inc.
1,070
35,717
Caleres,
Inc.
2,835
119,439
Camping
World
Holdings,
Inc.,
Class
a
A
3,513
77,075
Citi
Trends,
Inc.*
667
9,538
Designer
Brands,
Inc.,
Class
a
A
3,485
23,140
Destination
XL
Group,
Inc.*
4,443
12,218
EVgo,
Inc.,
Class
a
A*(a)
8,353
37,839
Foot
Locker,
Inc.
6,919
215,458
Genesco,
Inc.*
895
27,020
Group
1
Automotive,
Inc.
1,098
413,683
GrowGeneration
Corp.*
4,823
9,405
Haverty
Furniture
Cos.,
Inc.
1,195
32,743
J
Jill,
Inc.
393
12,784
Lands'
End,
Inc.*
1,177
18,232
Leslie's,
Inc.*
14,906
45,016
MarineMax,
Inc.*
1,792
56,842
Monro,
Inc.
2,478
67,129
National
Vision
Holdings,
Inc.*
6,457
68,186
ODP
Corp.
(The)*
2,956
91,193
OneWater
Marine,
Inc.,
Class
a
A*
991
23,814
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
6,884
21,960
RealReal,
Inc.
(The)*
8,117
21,429
Revolve
Group,
Inc.,
Class
a
A*
3,182
72,931
RumbleON,
Inc.,
Class
a
B*(a)
1,331
5,950
Sally
Beauty
Holdings,
Inc.*
8,660
113,013
Shoe
Carnival,
Inc.
1,482
59,932
Signet
Jewelers
Ltd.
3,542
297,882
Sleep
Number
Corp.*
1,788
27,195
Sonic
Automotive,
Inc.,
Class
a
A
1,208
75,307
Stitch
Fix,
Inc.,
Class
a
A*
7,454
28,176
ThredUp,
Inc.,
Class
a
A*
6,523
5,962
Tile
Shop
Holdings,
Inc.*
2,375
14,963
Tilly's,
Inc.,
Class
a
A*
1,229
6,587
Torrid
Holdings,
Inc.*
1,014
6,692
Upbound
Group,
Inc.
4,451
148,218
Urban
Outfitters,
Inc.*
5,314
193,005
Victoria's
Secret
&
Co.*
6,509
152,701
Warby
Parker,
Inc.,
Class
a
A*
7,232
107,901
Winmark
Corp.
243
87,626
Zumiez,
Inc.*
1,362
37,782
5,214,606
Technology
Hardware,
Storage
&
Peripherals
—
0.2%
CompoSecure,
Inc.,
Class
a
A(a)
1,467
17,208
Corsair
Gaming,
Inc.*
3,707
25,838
CPI
Card
Group,
Inc.*
415
11,885
Diebold
Nixdorf,
Inc.*
2,096
93,943
Eastman
Kodak
Co.*
5,015
26,479
Immersion
Corp.
2,509
23,584
IonQ,
Inc.*(a)
16,454
122,089
Turtle
Beach
Corp.*
1,421
22,196
ULTRA
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
82
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Xerox
Holdings
Corp.
9,648
$
109,312
452,534
Textiles,
Apparel
&
Luxury
Goods
—
0.4%
Figs,
Inc.,
Class
a
A*
10,775
66,482
G-III
Apparel
Group
Ltd.*
3,353
88,754
Hanesbrands,
Inc.*
29,304
186,080
Kontoor
Brands,
Inc.
4,616
345,508
Movado
Group,
Inc.
1,252
29,873
Oxford
Industries,
Inc.
1,230
106,985
Rocky
Brands,
Inc.
600
19,344
Steven
Madden
Ltd.
6,012
271,141
Superior
Group
of
Cos.,
Inc.
1,079
15,624
Vera
Bradley,
Inc.*
2,218
12,931
Wolverine
World
Wide,
Inc.
6,583
90,253
1,232,975
Tobacco
—
0.1%
Ispire
Technology,
Inc.*
1,594
11,541
Turning
Point
Brands,
Inc.
1,421
56,328
Universal
Corp.
1,993
108,220
Vector
Group
Ltd.
12,180
182,456
358,545
Trading
Companies
&
Distributors
—
1.7%
Alta
Equipment
Group,
Inc.
2,224
14,990
Applied
Industrial
Technologies,
Inc.
3,189
654,128
Beacon
Roofing
Supply,
Inc.*
5,282
478,549
BlueLinx
Holdings,
Inc.*
701
70,549
Boise
Cascade
Co.
3,284
445,376
Custom
Truck
One
Source,
Inc.*
4,231
17,347
Distribution
Solutions
Group,
Inc.*
887
33,014
DNOW,
Inc.*
8,946
116,477
DXP
Enterprises,
Inc.*
1,035
56,925
EVI
Industries,
Inc.
428
7,075
FTAI
Aviation
Ltd.
8,263
1,056,094
GATX
Corp.
2,961
417,797
Global
Industrial
Co.
1,129
37,821
GMS,
Inc.*
3,320
288,143
H&E
Equipment
Services,
Inc.
2,675
128,801
Herc
Holdings,
Inc.
2,335
341,774
Hudson
Technologies,
Inc.*
3,687
30,307
Karat
Packaging,
Inc.
568
14,393
McGrath
RentCorp
2,025
219,004
MRC
Global,
Inc.*
6,990
91,988
Rush
Enterprises,
Inc.,
Class
a
A
5,045
265,872
Rush
Enterprises,
Inc.,
Class
a
B
733
34,480
Titan
Machinery,
Inc.*
1,714
25,899
Transcat,
Inc.*
717
88,521
Willis
Lease
Finance
Corp.
254
27,480
Xometry,
Inc.,
Class
a
A*
3,488
68,504
5,031,308
Transportation
Infrastructure
—
0.0%(c)
Sky
Harbour
Group
Corp.*(a)
940
11,609
Investments
Shares
Value
Common
Stocks
(continued)
Water
Utilities
—
0.3%
American
States
Water
Co.
3,092
$
251,751
Cadiz,
Inc.*(a)
3,492
11,768
California
Water
Service
Group
4,800
265,584
Consolidated
Water
Co.
Ltd.
1,245
34,561
Global
Water
Resources,
Inc.
960
12,182
Middlesex
Water
Co.
1,464
92,247
Pure
Cycle
Corp.*
1,723
18,350
SJW
Group
2,684
158,329
York
Water
Co.
(The)
1,187
46,269
891,041
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
5,372
42,815
Spok
Holdings,
Inc.
1,517
22,558
Telephone
and
Data
Systems,
Inc.
8,181
193,235
258,608
Total
Common
Stocks
(Cost
$208,074,583)
219,556,734
Number
of
Rights
Rights
—
0.0%(c)
Biotechnology
—
0.0%(c)
Aduro
Biotech,
Inc.,
CVR*(d)
687
—
Cartesian
Therapeutics,
Inc.*(a)(d)
5,386
970
Chinook
Therape,
CVR*(d)
3,154
—
Oncternal
Therapeutics,
Inc.,
CVR*(d)
42
—
Tobira
Therapeutics,
Inc.,
CVR*(d)
756
—
970
Food
Products
—
0.0%(c)
Prevail
Therape,
CVR*(d)
2,444
1,222
Total
Rights
(Cost
$2,604)
2,192
Shares
Securities
Lending
Reinvestments
(e)
—
1.2%
Investment
Companies
—
1.2%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(f)
(Cost
$3,454,007)
3,454,007
3,454,007
Principal
Amount
Short-Term
Investments
—
19.1%
Repurchase
Agreements
(g)
—
12.5%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$37,211,788
(Cost
$37,189,948)
$
37,189,948
37,189,948
AUGUST
31,
2024
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
83
UWM
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(h)
—
6.6%
U.S.
Treasury
Bills
5.25%,
12/26/2024
(i)                                                                            
(Cost
$19,670,528)
$
20,000,000
$
19,693,055
Total
Short-Term
Investments
(Cost
$56,860,476)
56,883,003
Total
Investments
—
94.0%
(Cost
$268,391,670)
279,895,936
Other
assets
less
liabilities
—
6.0%
17,764,491
Net
Assets
—
100.0%
$
297,660,427
*
Non-income
producing
security.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$3,673,166,
collateralized
in
the
form
of
cash
with
a
value
of
$3,454,348
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$431,577
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
October
31,
2024
–
November
15,
2052.
The
total
value
of
collateral
is
$3,885,925.
(b)
Security
exempt
from
registration
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933.
Regulation
S
applies
to
securities
offerings
that
are
made
outside
of
the
United
States
and
do
not
involve
direct
selling
efforts
in
the
United
States
and
as
such
may
have
restrictions
on
resale.
(c)
Represents
less
than
0.05%
of
net
assets.
(d)
Illiquid
security.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$3,454,007.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(h)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$13,880,876.
(i)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Rights
-
No
defined
expiration
REIT
Real
Estate
Investment
Trust
Futures
Contracts
Purchased
Ultra
Russell2000
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Russell
2000
E-Mini
Index
215
9/20/2024
U.S.
Dollar
$
23,898,325
$
1,425,223
Swap
Agreements
Ultra
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
96,262,883
3/6/2025
Bank
of
America
NA
5.68%
Russell
2000
®
Index
135,360
28,636,256
11/6/2025
Barclays
Capital
6.03%
Russell
2000
®
Index
4,820,472
50,657,322
2/11/2025
BNP
Paribas
SA
5.58%
Russell
2000
®
Index
8,481,209
28,835,843
3/6/2025
Citibank
NA
5.88%
Russell
2000
®
Index
4,221,657
30,168,639
11/7/2024
Goldman
Sachs
International
5.88%
Russell
2000
®
Index
1,844,786
14,056,072
1/26/2026
Morgan
Stanley
&
Co.
International
plc
5.83%
iShares
®
Russell
2000
ETF
639,290
19,453,050
1/26/2026
Morgan
Stanley
&
Co.
International
plc
5.83%
Russell
2000
®
Index
1,207,863
33,509,122
1,847,153
39,728,841
11/14/2024
Societe
Generale
6.08%
Russell
2000
®
Index
(163,479)
44,073,179
11/7/2024
UBS
AG
6.03%
Russell
2000
®
Index
(3,578,934)
351,872,085
17,608,224
Total
Unrealized
Appreciation
21,350,637
Total
Unrealized
Depreciation
(3,742,413)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
84
SSO
::
Investments
Shares
Value
Common
Stocks
—
66.5%
Aerospace
&
Defense
—
1.3%
Axon
Enterprise,
Inc.*
5,107
$
1,863,902
Boeing
Co.
(The)*
41,141
7,147,837
General
Dynamics
Corp.
16,127
4,827,779
General
Electric
Co.
77,984
13,617,566
Howmet
Aerospace,
Inc.
27,612
2,668,976
Huntington
Ingalls
Industries,
Inc.
2,707
765,458
L3Harris
Technologies,
Inc.
13,532
3,202,619
Lockheed
Martin
Corp.
15,244
8,660,116
Northrop
Grumman
Corp.
9,843
5,149,956
RTX
Corp.
94,740
11,685,232
Textron,
Inc.
13,620
1,242,144
TransDigm
Group,
Inc.
4,006
5,501,079
66,332,664
Air
Freight
&
Logistics
—
0.3%
CH
Robinson
Worldwide,
Inc.
8,275
856,545
Expeditors
International
of
Washington,
Inc.
10,016
1,236,075
FedEx
Corp.
16,181
4,834,397
United
Parcel
Service,
Inc.,
Class
a
B
51,946
6,677,658
13,604,675
Automobile
Components
—
0.0%(a)
Aptiv
plc*
19,325
1,382,317
BorgWarner,
Inc.
16,167
550,810
1,933,127
Automobiles
—
1.0%
Ford
Motor
Co.
279,269
3,125,020
General
Motors
Co.
81,286
4,046,417
Tesla,
Inc.*
197,626
42,313,703
49,485,140
Banks
—
2.2%
Bank
of
America
Corp.
484,631
19,748,713
Citigroup,
Inc.
135,797
8,506,324
Citizens
Financial
Group,
Inc.
32,418
1,395,595
Fifth
Third
Bancorp
48,701
2,079,046
Huntington
Bancshares,
Inc.
103,233
1,545,398
JPMorgan
Chase
&
Co.
204,505
45,972,724
KeyCorp
67,206
1,146,535
M&T
Bank
Corp.
11,910
2,049,830
PNC
Financial
Services
Group,
Inc.
(The)
28,358
5,248,782
Regions
Financial
Corp.
65,190
1,526,750
Truist
Financial
Corp.
95,292
4,236,682
US
Bancorp
111,205
5,252,212
Wells
Fargo
&
Co.
248,370
14,522,194
113,230,785
Beverages
—
0.9%
Brown-Forman
Corp.,
Class
a
B
12,779
582,595
Coca-Cola
Co.
(The)
276,104
20,009,257
Constellation
Brands,
Inc.,
Class
a
A
11,408
2,746,020
Investments
Shares
Value
Common
Stocks
(continued)
Keurig
Dr
Pepper,
Inc.
74,417
$
2,724,406
Molson
Coors
Beverage
Co.,
Class
a
B
12,995
701,340
Monster
Beverage
Corp.*
50,527
2,381,337
PepsiCo,
Inc.
97,979
16,938,610
46,083,565
Biotechnology
—
1.3%
AbbVie,
Inc.
125,746
24,685,197
Amgen,
Inc.
38,120
12,725,600
Biogen,
Inc.*
10,411
2,131,756
Gilead
Sciences,
Inc.
88,698
7,007,142
Incyte
Corp.*
11,071
726,922
Moderna,
Inc.*
23,752
1,838,405
Regeneron
Pharmaceuticals,
Inc.*
7,490
8,873,328
Vertex
Pharmaceuticals,
Inc.*
18,411
9,129,831
67,118,181
Broadline
Retail
—
2.3%
Amazon.com,
Inc.*
652,292
116,434,122
eBay,
Inc.
36,014
2,128,427
Etsy,
Inc.*
8,261
455,099
119,017,648
Building
Products
—
0.3%
A
O
Smith
Corp.
8,586
718,820
Allegion
plc
6,203
861,224
Builders
FirstSource,
Inc.*
8,700
1,513,800
Carrier
Global
Corp.
59,643
4,340,818
Johnson
Controls
International
plc
47,960
3,493,886
Masco
Corp.
15,686
1,247,978
Trane
Technologies
plc
16,177
5,850,574
18,027,100
Capital
Markets
—
2.0%
Ameriprise
Financial,
Inc.
7,067
3,176,192
Bank
of
New
York
Mellon
Corp.
(The)
53,193
3,628,826
BlackRock,
Inc.
9,897
8,925,214
Blackstone,
Inc.
50,842
7,237,867
Cboe
Global
Markets,
Inc.
7,410
1,522,014
Charles
Schwab
Corp.
(The)
106,340
6,922,734
CME
Group,
Inc.
25,598
5,522,513
FactSet
Research
Systems,
Inc.
2,795
1,181,838
Franklin
Resources,
Inc.
21,371
432,549
Goldman
Sachs
Group,
Inc.
(The)
22,812
11,639,823
Intercontinental
Exchange,
Inc.
40,837
6,597,217
Invesco
Ltd.
31,987
546,658
KKR
&
Co.,
Inc.
47,440
5,871,649
MarketAxess
Holdings,
Inc.
2,775
672,632
Moody's
Corp.
11,213
5,469,029
Morgan
Stanley
89,149
9,236,728
MSCI,
Inc.,
Class
a
A
5,688
3,302,396
Nasdaq,
Inc.
29,481
2,124,990
Northern
Trust
Corp.
14,492
1,321,815
Raymond
James
Financial,
Inc.
13,270
1,586,694
S&P
Global,
Inc.
22,785
11,694,173
AUGUST
31,
2024
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
85
SSO
::
Investments
Shares
Value
Common
Stocks
(continued)
State
Street
Corp.
21,476
$
1,870,560
T.
Rowe
Price
Group,
Inc.
15,942
1,690,490
102,174,601
Chemicals
—
1.0%
Air
Products
and
Chemicals,
Inc.
15,851
4,420,051
Albemarle
Corp.(b)
8,316
750,519
Celanese
Corp.,
Class
a
A
7,189
938,883
CF
Industries
Holdings,
Inc.
12,955
1,076,431
Corteva,
Inc.
49,648
2,844,830
Dow,
Inc.
50,037
2,680,982
DuPont
de
Nemours,
Inc.
29,753
2,506,690
Eastman
Chemical
Co.
8,327
852,435
Ecolab,
Inc.
18,121
4,587,875
FMC
Corp.
8,948
577,862
International
Flavors
&
Fragrances,
Inc.
18,208
1,893,450
Linde
plc
34,319
16,413,062
LyondellBasell
Industries
NV,
Class
a
A
18,355
1,811,639
Mosaic
Co.
(The)
22,898
654,196
PPG
Industries,
Inc.
16,796
2,178,945
Sherwin-Williams
Co.
(The)
16,632
6,143,362
50,331,212
Commercial
Services
&
Supplies
—
0.4%
Cintas
Corp.
6,095
4,907,206
Copart,
Inc.*
62,330
3,300,997
Republic
Services,
Inc.,
Class
a
A
14,500
3,019,045
Rollins,
Inc.
20,051
1,006,159
Veralto
Corp.
15,636
1,757,956
Waste
Management,
Inc.
26,000
5,513,040
19,504,403
Communications
Equipment
—
0.5%
Arista
Networks,
Inc.*
18,092
6,393,351
Cisco
Systems,
Inc.
288,424
14,576,949
F5,
Inc.*
4,247
862,778
Juniper
Networks,
Inc.
23,202
902,094
Motorola
Solutions,
Inc.
11,904
5,262,044
27,997,216
Construction
&
Engineering
—
0.1%
Quanta
Services,
Inc.
10,461
2,878,135
Construction
Materials
—
0.1%
Martin
Marietta
Materials,
Inc.
4,315
2,304,900
Vulcan
Materials
Co.
9,414
2,308,407
4,613,307
Consumer
Finance
—
0.4%
American
Express
Co.
40,508
10,477,394
Capital
One
Financial
Corp.
27,152
3,989,443
Discover
Financial
Services
17,801
2,469,177
Synchrony
Financial
28,634
1,439,145
18,375,159
Investments
Shares
Value
Common
Stocks
(continued)
Consumer
Staples
Distribution
&
Retail
—
1.3%
Costco
Wholesale
Corp.
31,619
$
28,216,163
Dollar
General
Corp.
15,633
1,297,070
Dollar
Tree,
Inc.*
14,740
1,245,383
Kroger
Co.
(The)
47,629
2,534,339
Sysco
Corp.
35,479
2,766,298
Target
Corp.
32,934
5,059,321
Walgreens
Boots
Alliance,
Inc.
50,968
471,454
Walmart,
Inc.
304,285
23,499,930
65,089,958
Containers
&
Packaging
—
0.2%
Amcor
plc
102,882
1,176,970
Avery
Dennison
Corp.
5,808
1,288,505
Ball
Corp.
22,113
1,411,031
International
Paper
Co.
24,785
1,200,090
Packaging
Corp.
of
America
6,375
1,335,817
Smurfit
WestRock
plc
36,520
1,731,778
8,144,191
Distributors
—
0.1%
Genuine
Parts
Co.
9,861
1,412,687
LKQ
Corp.
19,031
791,499
Pool
Corp.
2,791
981,372
3,185,558
Diversified
Telecommunication
Services
—
0.4%
AT&T,
Inc.
510,581
10,160,562
Verizon
Communications,
Inc.
299,758
12,523,889
22,684,451
Electric
Utilities
—
1.1%
Alliant
Energy
Corp.
18,276
1,064,943
American
Electric
Power
Co.,
Inc.
37,505
3,761,001
Constellation
Energy
Corp.
22,387
4,403,523
Duke
Energy
Corp.
54,940
6,260,413
Edison
International
27,383
2,383,143
Entergy
Corp.
15,245
1,839,919
Evergy,
Inc.
16,356
967,294
Eversource
Energy
25,076
1,693,382
Exelon
Corp.
71,302
2,715,893
FirstEnergy
Corp.
36,882
1,619,857
NextEra
Energy,
Inc.
146,300
11,778,613
NRG
Energy,
Inc.
14,832
1,260,868
PG&E
Corp.
152,265
2,999,621
Pinnacle
West
Capital
Corp.
8,165
714,601
PPL
Corp.
52,509
1,675,562
Southern
Co.
(The)
77,882
6,729,005
Xcel
Energy,
Inc.
39,626
2,426,300
54,293,938
Electrical
Equipment
—
0.5%
AMETEK,
Inc.
16,490
2,820,614
Eaton
Corp.
plc
28,473
8,739,218
Emerson
Electric
Co.
40,722
4,291,692
GE
Vernova,
Inc.*
19,506
3,920,706
Generac
Holdings,
Inc.*
4,369
683,880
ULTRA
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
86
SSO
::
Investments
Shares
Value
Common
Stocks
(continued)
Hubbell,
Inc.,
Class
a
B
3,798
$
1,518,896
Rockwell
Automation,
Inc.
8,180
2,225,205
24,200,211
Electronic
Equipment,
Instruments
&
Components
—
0.4%
Amphenol
Corp.,
Class
a
A
85,502
5,767,110
CDW
Corp.
9,608
2,167,949
Corning,
Inc.
54,865
2,296,100
Jabil,
Inc.
8,567
936,202
Keysight
Technologies,
Inc.*
12,397
1,910,626
TE
Connectivity
Ltd.
21,777
3,344,947
Teledyne
Technologies,
Inc.*
3,445
1,490,996
Trimble,
Inc.*
17,412
987,086
Zebra
Technologies
Corp.,
Class
a
A*
3,580
1,236,461
20,137,477
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
71,118
2,501,220
Halliburton
Co.
63,042
1,959,976
Schlumberger
NV
101,840
4,479,941
8,941,137
Entertainment
—
0.8%
Electronic
Arts,
Inc.
17,349
2,633,925
Live
Nation
Entertainment,
Inc.*
10,124
988,811
Netflix,
Inc.*
30,689
21,523,730
Take-Two
Interactive
Software,
Inc.*
11,347
1,834,923
Walt
Disney
Co.
(The)
129,863
11,737,018
Warner
Bros
Discovery,
Inc.*
158,760
1,244,679
39,963,086
Financial
Services
—
2.8%
Berkshire
Hathaway,
Inc.,
Class
a
B*
128,928
61,359,414
Corpay,
Inc.*
5,093
1,607,096
Fidelity
National
Information
Services,
Inc.
39,662
3,270,132
Fiserv,
Inc.*
41,676
7,276,629
Global
Payments,
Inc.
18,197
2,020,049
Jack
Henry
&
Associates,
Inc.
5,123
886,433
Mastercard,
Inc.,
Class
a
A
58,520
28,285,057
PayPal
Holdings,
Inc.*
74,439
5,391,617
Visa,
Inc.,
Class
a
A
112,196
31,007,608
141,104,035
Food
Products
—
0.5%
Archer-Daniels-Midland
Co.
35,180
2,145,628
Bunge
Global
SA
10,048
1,018,666
Campbell
Soup
Co.
13,982
695,185
Conagra
Brands,
Inc.
34,074
1,063,109
General
Mills,
Inc.
40,216
2,907,215
Hershey
Co.
(The)
10,565
2,039,679
Hormel
Foods
Corp.
20,695
673,622
J
M
Smucker
Co.
(The)
7,500
860,100
Kellanova
18,735
1,510,228
Kraft
Heinz
Co.
(The)
56,287
1,994,249
Lamb
Weston
Holdings,
Inc.
10,301
637,838
Investments
Shares
Value
Common
Stocks
(continued)
McCormick
&
Co.,
Inc.
(Non-Voting)
17,906
$
1,433,017
Mondelez
International,
Inc.,
Class
a
A
95,599
6,864,964
Tyson
Foods,
Inc.,
Class
a
A
20,375
1,310,316
25,153,816
Gas
Utilities
—
0.0%(a)
Atmos
Energy
Corp.
10,698
1,398,657
Ground
Transportation
—
0.7%
CSX
Corp.
139,220
4,771,069
JB
Hunt
Transport
Services,
Inc.
5,877
1,017,896
Norfolk
Southern
Corp.
16,139
4,134,166
Old
Dominion
Freight
Line,
Inc.
12,724
2,453,187
Uber
Technologies,
Inc.*
148,811
10,882,549
Union
Pacific
Corp.
43,497
11,139,147
34,398,014
Health
Care
Equipment
&
Supplies
—
1.6%
Abbott
Laboratories
123,920
14,036,418
Align
Technology,
Inc.*
5,068
1,202,231
Baxter
International,
Inc.
36,300
1,377,222
Becton
Dickinson
&
Co.
20,579
4,988,555
Boston
Scientific
Corp.*
104,709
8,564,149
Cooper
Cos.,
Inc.
(The)*
14,163
1,497,454
Dexcom,
Inc.*
28,339
1,965,026
Edwards
Lifesciences
Corp.*
42,842
2,997,226
GE
HealthCare
Technologies,
Inc.
30,288
2,569,028
Hologic,
Inc.*
16,643
1,352,077
IDEXX
Laboratories,
Inc.*
5,934
2,856,212
Insulet
Corp.*
5,072
1,028,450
Intuitive
Surgical,
Inc.*
25,255
12,441,371
Medtronic
plc
94,586
8,378,428
ResMed,
Inc.
10,507
2,574,425
Solventum
Corp.*
9,905
635,010
STERIS
plc
7,022
1,693,004
Stryker
Corp.
24,113
8,690,808
Teleflex,
Inc.
3,418
837,991
Zimmer
Biomet
Holdings,
Inc.
14,588
1,684,331
81,369,416
Health
Care
Providers
&
Services
—
1.7%
Cardinal
Health,
Inc.
17,351
1,955,805
Cencora,
Inc.
11,795
2,825,728
Centene
Corp.*
38,036
2,998,378
Cigna
Group
(The)
20,196
7,307,115
CVS
Health
Corp.
89,331
5,113,306
DaVita,
Inc.*
3,608
544,519
Elevance
Health,
Inc.
16,576
9,231,009
HCA
Healthcare,
Inc.
13,726
5,429,868
Henry
Schein,
Inc.*
9,055
638,830
Humana,
Inc.
8,559
3,033,909
Labcorp
Holdings,
Inc.
5,920
1,360,949
McKesson
Corp.
9,208
5,166,425
Molina
Healthcare,
Inc.*
4,246
1,485,208
Quest
Diagnostics,
Inc.
7,920
1,243,202
UnitedHealth
Group,
Inc.
65,598
38,715,940
AUGUST
31,
2024
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
87
SSO
::
Investments
Shares
Value
Common
Stocks
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
4,323
$
1,028,744
88,078,935
Health
Care
REITs
—
0.2%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
11,246
1,344,684
Healthpeak
Properties,
Inc.,
REIT
50,070
1,115,560
Ventas,
Inc.,
REIT
28,785
1,787,836
Welltower,
Inc.,
REIT
42,602
5,141,210
9,389,290
Hotel
&
Resort
REITs
—
0.0%(a)
Host
Hotels
&
Resorts,
Inc.,
REIT
50,182
888,221
Hotels,
Restaurants
&
Leisure
—
1.2%
Airbnb,
Inc.,
Class
a
A*
31,442
3,688,461
Booking
Holdings,
Inc.
2,436
9,522,884
Caesars
Entertainment,
Inc.*
15,326
576,871
Carnival
Corp.*
72,000
1,188,000
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
97,968
5,494,046
Darden
Restaurants,
Inc.
8,460
1,337,949
Domino's
Pizza,
Inc.
2,521
1,044,223
Expedia
Group,
Inc.*
9,102
1,265,997
Hilton
Worldwide
Holdings,
Inc.
17,753
3,899,269
Las
Vegas
Sands
Corp.
26,005
1,013,935
Marriott
International,
Inc.,
Class
a
A
17,047
4,000,760
McDonald's
Corp.
51,348
14,822,114
MGM
Resorts
International*
17,821
669,891
Norwegian
Cruise
Line
Holdings
Ltd.*
30,531
546,200
Royal
Caribbean
Cruises
Ltd.*
16,908
2,783,395
Starbucks
Corp.
80,730
7,634,636
Wynn
Resorts
Ltd.
6,645
510,868
Yum!
Brands,
Inc.
20,122
2,714,860
62,714,359
Household
Durables
—
0.3%
DR
Horton,
Inc.
21,099
3,982,647
Garmin
Ltd.
10,929
2,003,177
Lennar
Corp.,
Class
a
A
17,470
3,180,588
Mohawk
Industries,
Inc.*
3,723
577,586
NVR,
Inc.*
285
2,614,151
PulteGroup,
Inc.
15,004
1,975,277
14,333,426
Household
Products
—
0.8%
Church
&
Dwight
Co.,
Inc.
17,439
1,776,685
Clorox
Co.
(The)
8,914
1,411,175
Colgate-Palmolive
Co.
58,471
6,227,161
Kimberly-Clark
Corp.
24,051
3,479,218
Procter
&
Gamble
Co.
(The)
168,177
28,849,083
41,743,322
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
50,650
867,634
Investments
Shares
Value
Common
Stocks
(continued)
Vistra
Corp.
23,190
$
1,981,122
2,848,756
Industrial
Conglomerates
—
0.3%
3M
Co.
39,417
5,309,076
Honeywell
International,
Inc.
46,347
9,636,005
14,945,081
Industrial
REITs
—
0.2%
Prologis,
Inc.,
REIT
65,904
8,423,849
Insurance
—
1.5%
Aflac,
Inc.
36,804
4,061,689
Allstate
Corp.
(The)
18,780
3,548,293
American
International
Group,
Inc.
47,268
3,641,999
Aon
plc,
Class
a
A
15,434
5,304,975
Arch
Capital
Group
Ltd.*
26,619
3,010,343
Arthur
J
Gallagher
&
Co.
15,550
4,549,464
Assurant,
Inc.
3,629
712,554
Brown
&
Brown,
Inc.
16,908
1,777,538
Chubb
Ltd.
28,874
8,205,413
Cincinnati
Financial
Corp.
11,191
1,533,503
Everest
Group
Ltd.
3,087
1,210,845
Globe
Life,
Inc.
5,912
621,056
Hartford
Financial
Services
Group,
Inc.
(The)
21,041
2,442,860
Loews
Corp.
12,976
1,063,253
Marsh
&
McLennan
Cos.,
Inc.
35,026
7,968,765
MetLife,
Inc.
42,550
3,296,774
Principal
Financial
Group,
Inc.
15,280
1,244,098
Progressive
Corp.
(The)
41,722
10,522,288
Prudential
Financial,
Inc.
25,630
3,105,331
Travelers
Cos.,
Inc.
(The)
16,270
3,710,699
W
R
Berkley
Corp.
21,621
1,290,774
Willis
Towers
Watson
plc
7,349
2,146,716
74,969,230
Interactive
Media
&
Services
—
4.1%
Alphabet,
Inc.,
Class
a
A
418,396
68,357,538
Alphabet,
Inc.,
Class
a
C
348,043
57,465,380
Match
Group,
Inc.*
18,931
704,423
Meta
Platforms,
Inc.,
Class
a
A
156,111
81,382,225
207,909,566
IT
Services
—
0.8%
Accenture
plc,
Class
a
A
44,752
15,302,946
Akamai
Technologies,
Inc.*
10,807
1,100,585
Cognizant
Technology
Solutions
Corp.,
Class
a
A
35,406
2,753,525
EPAM
Systems,
Inc.*
4,190
841,184
Gartner,
Inc.*
5,544
2,727,426
GoDaddy,
Inc.,
Class
a
A*
9,988
1,672,091
International
Business
Machines
Corp.
65,434
13,226,175
VeriSign,
Inc.*
6,132
1,127,675
38,751,607
ULTRA
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
88
SSO
::
Investments
Shares
Value
Common
Stocks
(continued)
Leisure
Products
—
0.0%(a)
Hasbro,
Inc.
9,291
$
633,275
Life
Sciences
Tools
&
Services
—
0.9%
Agilent
Technologies,
Inc.
20,806
2,973,594
Bio-Rad
Laboratories,
Inc.,
Class
a
A*
1,422
479,669
Bio-Techne
Corp.
11,262
833,275
Charles
River
Laboratories
International,
Inc.*
3,590
709,923
Danaher
Corp.
46,929
12,638,449
IQVIA
Holdings,
Inc.*
13,029
3,277,445
Mettler-Toledo
International,
Inc.*
1,509
2,171,572
Revvity,
Inc.
8,824
1,081,293
Thermo
Fisher
Scientific,
Inc.
27,119
16,680,083
Waters
Corp.*
4,315
1,494,500
West
Pharmaceutical
Services,
Inc.
5,118
1,605,158
43,944,961
Machinery
—
1.1%
Caterpillar,
Inc.
34,843
12,407,592
Cummins,
Inc.
9,796
3,064,679
Deere
&
Co.
18,486
7,130,790
Dover
Corp.
9,839
1,830,349
Fortive
Corp.
25,056
1,864,166
IDEX
Corp.
5,352
1,105,081
Illinois
Tool
Works,
Inc.
19,277
4,880,551
Ingersoll
Rand,
Inc.
28,804
2,634,126
Nordson
Corp.
3,858
989,808
Otis
Worldwide
Corp.
28,745
2,721,864
PACCAR,
Inc.
37,387
3,595,882
Parker-Hannifin
Corp.
9,099
5,461,220
Pentair
plc
11,836
1,049,735
Snap-on,
Inc.
3,695
1,048,419
Stanley
Black
&
Decker,
Inc.
10,950
1,120,842
Westinghouse
Air
Brake
Technologies
Corp.
12,564
2,130,477
Xylem,
Inc.
17,271
2,375,281
55,410,862
Media
—
0.4%
Charter
Communications,
Inc.,
Class
a
A*
6,941
2,412,275
Comcast
Corp.,
Class
a
A
278,778
11,031,245
Fox
Corp.,
Class
a
A
16,461
680,992
Fox
Corp.,
Class
a
B
9,382
360,550
Interpublic
Group
of
Cos.,
Inc.
(The)
26,886
876,753
News
Corp.,
Class
a
A
27,034
765,873
News
Corp.,
Class
a
B
8,215
241,767
Omnicom
Group,
Inc.
13,922
1,398,187
Paramount
Global,
Class
a
B
35,194
368,481
18,136,123
Metals
&
Mining
—
0.2%
Freeport-McMoRan,
Inc.
102,293
4,529,534
Newmont
Corp.
82,156
4,386,309
Investments
Shares
Value
Common
Stocks
(continued)
Nucor
Corp.
17,033
$
2,587,483
Steel
Dynamics,
Inc.
10,573
1,263,579
12,766,905
Multi-Utilities
—
0.4%
Ameren
Corp.
19,020
1,569,340
CenterPoint
Energy,
Inc.
45,537
1,243,160
CMS
Energy
Corp.
21,262
1,442,839
Consolidated
Edison,
Inc.
24,648
2,503,251
Dominion
Energy,
Inc.
59,668
3,335,441
DTE
Energy
Co.
14,715
1,839,669
NiSource,
Inc.
31,876
1,053,821
Public
Service
Enterprise
Group,
Inc.
35,488
2,865,656
Sempra
45,130
3,708,784
WEC
Energy
Group,
Inc.
22,437
2,087,314
21,649,275
Office
REITs
—
0.0%(a)
BXP,
Inc.,
REIT
10,308
775,368
Oil,
Gas
&
Consumable
Fuels
—
2.2%
APA
Corp.
25,598
729,287
Chevron
Corp.
122,094
18,063,807
ConocoPhillips
83,272
9,475,521
Coterra
Energy,
Inc.
53,054
1,290,804
Devon
Energy
Corp.
45,055
2,017,563
Diamondback
Energy,
Inc.
12,738
2,485,311
EOG
Resources,
Inc.
40,939
5,273,762
EQT
Corp.
42,504
1,424,309
Exxon
Mobil
Corp.
319,420
37,672,395
Hess
Corp.
19,674
2,716,192
Kinder
Morgan,
Inc.
137,487
2,965,594
Marathon
Oil
Corp.
40,183
1,151,243
Marathon
Petroleum
Corp.
25,083
4,442,701
Occidental
Petroleum
Corp.
47,968
2,733,217
ONEOK,
Inc.
41,522
3,834,972
Phillips
66
30,238
4,242,694
Targa
Resources
Corp.
15,822
2,324,252
Valero
Energy
Corp.
23,238
3,409,712
Williams
Cos.,
Inc.
(The)
86,815
3,973,522
110,226,858
Passenger
Airlines
—
0.1%
American
Airlines
Group,
Inc.*
46,787
496,878
Delta
Air
Lines,
Inc.
46,024
1,955,560
Southwest
Airlines
Co.
42,653
1,233,524
United
Airlines
Holdings,
Inc.*
23,398
1,030,448
4,716,410
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
16,610
1,522,472
Kenvue,
Inc.
136,384
2,993,629
4,516,101
Pharmaceuticals
—
2.6%
Bristol-Myers
Squibb
Co.
144,425
7,214,029
Catalent,
Inc.*
12,919
787,542
AUGUST
31,
2024
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
89
SSO
::
Investments
Shares
Value
Common
Stocks
(continued)
Eli
Lilly
&
Co.
56,893
$
54,618,418
Johnson
&
Johnson
171,338
28,418,120
Merck
&
Co.,
Inc.
180,415
21,370,157
Pfizer,
Inc.
403,522
11,706,173
Viatris,
Inc.
84,760
1,023,901
Zoetis,
Inc.,
Class
a
A
32,528
5,968,563
131,106,903
Professional
Services
—
0.4%
Automatic
Data
Processing,
Inc.
29,157
8,044,708
Broadridge
Financial
Solutions,
Inc.
8,353
1,778,020
Dayforce,
Inc.*(b)
11,291
645,506
Equifax,
Inc.
8,842
2,715,643
Jacobs
Solutions,
Inc.
8,982
1,355,204
Leidos
Holdings,
Inc.
9,684
1,535,011
Paychex,
Inc.
22,804
2,991,885
Paycom
Software,
Inc.
3,506
570,707
Verisk
Analytics,
Inc.,
Class
a
A
10,147
2,768,304
22,404,988
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
21,509
2,476,546
CoStar
Group,
Inc.*
29,094
2,248,966
4,725,512
Residential
REITs
—
0.2%
AvalonBay
Communities,
Inc.,
REIT
10,086
2,276,713
Camden
Property
Trust,
REIT
7,532
943,006
Equity
Residential,
REIT
24,576
1,840,251
Essex
Property
Trust,
Inc.,
REIT
4,524
1,365,298
Invitation
Homes,
Inc.,
REIT
41,022
1,511,250
Mid-America
Apartment
Communities,
Inc.,
REIT
8,251
1,339,715
UDR,
Inc.,
REIT
21,633
962,885
10,239,118
Retail
REITs
—
0.2%
Federal
Realty
Investment
Trust,
REIT
5,258
604,670
Kimco
Realty
Corp.,
REIT
47,598
1,107,130
Realty
Income
Corp.,
REIT
61,984
3,849,826
Regency
Centers
Corp.,
REIT
11,696
850,182
Simon
Property
Group,
Inc.,
REIT
23,289
3,897,414
10,309,222
Semiconductors
&
Semiconductor
Equipment
—
7.4%
Advanced
Micro
Devices,
Inc.*
115,159
17,107,948
Analog
Devices,
Inc.
35,309
8,291,965
Applied
Materials,
Inc.
59,188
11,675,425
Broadcom,
Inc.
310,317
50,525,814
Enphase
Energy,
Inc.*
9,753
1,180,503
First
Solar,
Inc.*
7,556
1,718,008
Intel
Corp.
303,214
6,682,836
KLA
Corp.
9,630
7,891,111
Lam
Research
Corp.
9,279
7,618,152
Microchip
Technology,
Inc.
38,469
3,160,613
Micron
Technology,
Inc.
78,882
7,591,604
Investments
Shares
Value
Common
Stocks
(continued)
Monolithic
Power
Systems,
Inc.
3,563
$
3,330,265
NVIDIA
Corp.
1,752,117
209,150,206
NXP
Semiconductors
NV
18,238
4,675,494
ON
Semiconductor
Corp.*
30,636
2,385,625
Qorvo,
Inc.*
6,818
790,138
QUALCOMM,
Inc.
79,640
13,960,892
Skyworks
Solutions,
Inc.
11,357
1,244,614
Teradyne,
Inc.
11,149
1,524,403
Texas
Instruments,
Inc.
64,911
13,913,024
374,418,640
Software
—
6.7%
Adobe,
Inc.*
31,849
18,294,384
ANSYS,
Inc.*
6,190
1,989,590
Autodesk,
Inc.*
15,262
3,943,701
Cadence
Design
Systems,
Inc.*
19,327
5,197,610
Crowdstrike
Holdings,
Inc.,
Class
a
A*
16,416
4,551,828
Fair
Isaac
Corp.*
1,814
3,138,710
Fortinet,
Inc.*
45,219
3,468,749
Gen
Digital,
Inc.
39,215
1,037,629
Intuit,
Inc.
19,976
12,590,074
Microsoft
Corp.
529,361
220,817,648
Oracle
Corp.
113,567
16,045,881
Palo
Alto
Networks,
Inc.*
23,015
8,348,001
PTC,
Inc.*
8,495
1,521,370
Roper
Technologies,
Inc.
7,557
4,189,676
Salesforce,
Inc.
69,154
17,489,047
ServiceNow,
Inc.*
14,527
12,420,585
Synopsys,
Inc.*
10,830
5,627,051
Tyler
Technologies,
Inc.*
2,995
1,760,671
342,432,205
Specialized
REITs
—
0.7%
American
Tower
Corp.,
REIT
33,283
7,457,389
Crown
Castle,
Inc.,
REIT
30,980
3,470,380
Digital
Realty
Trust,
Inc.,
REIT
23,160
3,511,288
Equinix,
Inc.,
REIT
6,692
5,583,537
Extra
Space
Storage,
Inc.,
REIT
15,106
2,673,762
Iron
Mountain,
Inc.,
REIT
20,806
2,356,487
Public
Storage,
REIT
11,289
3,880,255
SBA
Communications
Corp.,
Class
a
A,
REIT
7,592
1,720,803
VICI
Properties,
Inc.,
Class
a
A,
REIT
74,345
2,489,071
Weyerhaeuser
Co.,
REIT
51,911
1,582,766
34,725,738
Specialty
Retail
—
1.2%
AutoZone,
Inc.*
1,125
3,579,165
Bath
&
Body
Works,
Inc.
15,949
490,591
Best
Buy
Co.,
Inc.
13,754
1,380,902
CarMax,
Inc.*
11,245
950,765
Home
Depot,
Inc.
(The)
70,534
25,991,779
Lowe's
Cos.,
Inc.
40,731
10,121,654
O'Reilly
Automotive,
Inc.*
4,272
4,827,232
Ross
Stores,
Inc.
23,907
3,600,633
TJX
Cos.,
Inc.
(The)
80,711
9,464,979
Tractor
Supply
Co.
7,626
2,040,336
ULTRA
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
90
SSO
::
Investments
Shares
Value
Common
Stocks
(continued)
Ulta
Beauty,
Inc.*
3,493
$
1,232,470
63,680,506
Technology
Hardware,
Storage
&
Peripherals
—
4.8%
Apple,
Inc.
1,026,589
235,088,881
Hewlett
Packard
Enterprise
Co.
92,526
1,792,229
HP,
Inc.
61,465
2,223,804
NetApp,
Inc.
14,661
1,769,876
Seagate
Technology
Holdings
plc
13,870
1,380,758
Super
Micro
Computer,
Inc.*
3,505
1,534,138
Western
Digital
Corp.*
23,203
1,521,885
245,311,571
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
1,902
1,824,570
Lululemon
Athletica,
Inc.*
8,209
2,129,989
NIKE,
Inc.,
Class
a
B
86,219
7,183,767
Ralph
Lauren
Corp.,
Class
a
A
2,693
461,203
Tapestry,
Inc.
16,342
669,532
12,269,061
Tobacco
—
0.4%
Altria
Group,
Inc.
122,367
6,579,674
Philip
Morris
International,
Inc.
110,655
13,642,655
20,222,329
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
40,744
2,782,000
United
Rentals,
Inc.
4,757
3,526,174
WW
Grainger,
Inc.
3,110
3,063,101
9,371,275
Water
Utilities
—
0.0%(a)
American
Water
Works
Co.,
Inc.
13,829
1,979,207
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
36,675
7,288,056
Total
Common
Stocks
(Cost
$3,448,616,797)
3,379,026,974
Securities
Lending
Reinvestments
(c)
—
0.0%
(a)
Investment
Companies
—
0.0%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(d)
(Cost
$684,371)
684,371
684,371
Principal
Amount
Short-Term
Investments
—
14.2%
Repurchase
Agreements
(e)
—
3.4%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$172,645,420
(Cost
$172,544,085)
$
172,544,085
172,544,085
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(f)
—
10.8%
U.S.
Treasury
Bills
5.23%,
9/5/2024
(g)
$
100,000,000
$
99,971,028
5.21%,
9/19/2024
(g)
150,000,000
149,651,667
5.29%,
11/7/2024
(g)
150,000,000
148,641,432
5.00%,
11/26/2024
(g)
50,000,000
49,421,115
5.26%,
12/19/2024
(g)
100,000,000
98,558,472
Total
U.S.
Treasury
Obligations
(Cost
$545,980,754)
546,243,714
Total
Short-Term
Investments
(Cost
$718,524,839)
718,787,799
Total
Investments
—
80.7%
(Cost
$4,167,826,007)
4,098,499,144
Other
assets
less
liabilities
—
19.3%
981,792,130
Net
Assets
—
100.0%
$
5,080,291,274
*
Non-income
producing
security.
(a)
Represents
less
than
0.05%
of
net
assets.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$660,575,
collateralized
in
the
form
of
cash
with
a
value
of
$684,371
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$684,371.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(f)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$497,696,252.
(g)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2024
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
91
SSO
::
Futures
Contracts
Purchased
Ultra
S&P500
®
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
S&P
500
E-Mini
Index
2,067
9/20/2024
U.S.
Dollar
$
585,064,350
$
17,857,216
Swap
Agreements
Ultra
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
605,683,580
3/6/2025
Bank
of
America
NA
6.03%
S&P
500
®
113,536,234
503,436,244
3/6/2026
Barclays
Capital
6.13%
S&P
500
®
30,546,178
726,395,537
2/11/2025
BNP
Paribas
SA
5.93%
S&P
500
®
181,188,484
602,424,454
3/6/2025
Citibank
NA
6.08%
S&P
500
®
106,031,891
446,873,166
11/6/2025
Goldman
Sachs
International
6.08%
S&P
500
®
56,656,633
1,783,477,136
12/6/2025
Goldman
Sachs
International
5.99%
SPDR
®
S&P
500
®
ETF
Trust
149,338,235
2,230,350,302
205,994,868
277,539,782
4/7/2025
J.P.
Morgan
Securities
5.83%
S&P
500
®
33,291,268
334,261,015
3/6/2025
Morgan
Stanley
&
Co.
International
plc
6.18%
S&P
500
®
72,660,225
327,754,059
11/6/2025
Societe
Generale
6.23%
S&P
500
®
120,290,110
588,817,458
11/7/2024
UBS
AG
6.13%
S&P
500
®
92,608,929
6,196,662,431
956,148,187
Total
Unrealized
Appreciation
956,148,187
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
SEMICONDUCTORS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
92
USD
::
Investments
Shares
Value
Common
Stocks
—
57
.2
%
Semiconductors
&
Semiconductor
Equipment
—
57.2%
Advanced
Micro
Devices,
Inc.*
194,741
$
28,930,723
Allegro
MicroSystems,
Inc.*
11,558
283,518
Amkor
Technology,
Inc.
12,472
410,329
Analog
Devices,
Inc.
59,736
14,028,402
Applied
Materials,
Inc.
100,106
19,746,910
Axcelis
Technologies,
Inc.*
3,909
427,371
Broadcom,
Inc.
524,806
85,448,913
Cirrus
Logic,
Inc.*
6,507
948,005
Enphase
Energy,
Inc.*
16,391
1,983,967
Entegris,
Inc.
18,170
2,105,358
GLOBALFOUNDRIES,
Inc.*
10,049
469,087
Intel
Corp.
512,852
11,303,258
KLA
Corp.
16,227
13,296,891
Lam
Research
Corp.
15,750
12,930,907
Lattice
Semiconductor
Corp.*
16,561
784,329
Marvell
Technology,
Inc.
104,287
7,950,841
Microchip
Technology,
Inc.
65,095
5,348,205
Micron
Technology,
Inc.
133,395
12,837,935
MKS
Instruments,
Inc.
7,624
909,009
Monolithic
Power
Systems,
Inc.
5,875
5,491,245
NVIDIA
Corp.
2,963,516
353,754,905
NXP
Semiconductors
NV
30,812
7,898,964
ON
Semiconductor
Corp.*
51,816
4,034,912
Power
Integrations,
Inc.
6,830
458,293
Qorvo,
Inc.*
11,627
1,347,453
QUALCOMM,
Inc.
134,680
23,609,404
Rambus,
Inc.*
12,977
580,331
Silicon
Laboratories,
Inc.*
3,835
453,949
Skyworks
Solutions,
Inc.
19,338
2,119,251
SolarEdge
Technologies,
Inc.*
6,890
167,634
Teradyne,
Inc.
18,814
2,572,438
Texas
Instruments,
Inc.
109,726
23,518,671
Universal
Display
Corp.
5,265
1,019,936
Wolfspeed,
Inc.*
15,159
147,800
Total
Common
Stocks
(Cost
$493,829,589)
647,319,144
Principal
Amount
Short-Term
Investments
—
19
.5
%
Repurchase
Agreements
(a)
—
7
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$80,417,120
(Cost
$80,369,917)
$
80,369,917
80,369,917
U.S.
Treasury
Obligations
(b)
—
12
.4
%
U.S.
Treasury
Bills
5.28%,
10/24/2024
(c)
10,000,000
9,927,656
5.23%,
11/12/2024
(c)
7,000,000
6,932,149
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(b)
(continued)
U.S.
Treasury
Bills
(continued)
5.00%,
11/26/2024
(c)
$
125,000,000
$
123,552,786
Total
U.S.
Treasury
Obligations
(Cost
$140,381,036)
140,412,591
Total
Short-Term
Investments
(Cost
$220,750,953)
220,782,508
Total
Investments
—
76.7%
(Cost
$714,580,542)
868,101,652
Other
assets
less
liabilities
—
23.3%
263,058,329
Net
Assets
—
100.0%
$
1,131,159,981
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$63,560,635.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
SEMICONDUCTORS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
93
USD
::
Swap
Agreements
Ultra
Semiconductors
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
176,338,556
5/6/2025
Bank
of
America
NA
5.93%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
63,520,507
174,990,792
3/6/2026
Barclays
Capital
6.13%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
6,380,273
180,054,015
11/6/2025
BNP
Paribas
SA
5.83%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
40,518,022
115,434,184
3/6/2026
Goldman
Sachs
International
6.08%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
743,112
349,107,359
4/7/2025
J.P.
Morgan
Securities
5.78%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
22,202,646
387,081,527
1/26/2026
Morgan
Stanley
&
Co.
International
plc
6.18%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
20,088,321
)
96,437,994
3/6/2025
Societe
Generale
6.38%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
32,751,553
128,656,844
5/6/2025
UBS
AG
6.13%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
138,044,366
1,608,101,271
284,072,158
Total
Unrealized
Appreciation
304,160,479
Total
Unrealized
Depreciation
(
20,088,321
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
94
SAA
::
Investments
Shares
Value
Common
Stocks
—
69
.1
%
Aerospace
&
Defense
—
0.9%
AAR
Corp.*
674
$
44,336
AeroVironment,
Inc.*
569
115,940
Mercury
Systems,
Inc.*
1,064
40,326
Moog,
Inc.,
Class
a
A
586
115,676
National
Presto
Industries,
Inc.
107
8,377
Triumph
Group,
Inc.*
1,566
21,814
346,469
Air
Freight
&
Logistics
—
0.2%
Forward
Air
Corp.
645
20,492
Hub
Group,
Inc.,
Class
a
A
1,260
59,384
79,876
Automobile
Components
—
1.0%
American
Axle
&
Manufacturing
Holdings,
Inc.*
2,397
15,413
Dana,
Inc.
2,630
29,693
Dorman
Products,
Inc.*
568
64,422
Fox
Factory
Holding
Corp.*
850
34,408
Gentherm,
Inc.*
646
32,649
LCI
Industries
519
61,159
Patrick
Industries,
Inc.
430
55,565
Phinia,
Inc.
932
44,699
Standard
Motor
Products,
Inc.
382
12,342
XPEL,
Inc.*(a)
435
18,831
369,181
Automobiles
—
0.1%
Winnebago
Industries,
Inc.
596
35,557
Banks
—
6.9%
Ameris
Bancorp
1,320
81,352
Atlantic
Union
Bankshares
Corp.
1,830
72,614
Axos
Financial,
Inc.*
1,034
71,791
Banc
of
California,
Inc.
2,830
40,243
BancFirst
Corp.
296
31,494
Bancorp,
Inc.
(The)*
1,057
55,387
Bank
of
Hawaii
Corp.
809
53,693
BankUnited,
Inc.
1,524
58,567
Banner
Corp.
702
41,818
Berkshire
Hills
Bancorp,
Inc.
866
23,850
Brookline
Bancorp,
Inc.
1,812
18,537
Capitol
Federal
Financial,
Inc.
2,516
15,121
Cathay
General
Bancorp
1,484
65,281
Central
Pacific
Financial
Corp.
553
15,213
City
Holding
Co.
301
35,741
Comerica,
Inc.
2,703
154,368
Community
Financial
System,
Inc.
1,076
65,808
Customers
Bancorp,
Inc.*
580
30,056
CVB
Financial
Corp.
2,705
49,826
Dime
Community
Bancshares,
Inc.
715
18,597
Eagle
Bancorp,
Inc.
616
13,410
FB
Financial
Corp.
719
34,670
First
Bancorp
840
35,683
First
Bancorp
3,373
72,115
Investments
Shares
Value
Common
Stocks
(continued)
First
Commonwealth
Financial
Corp.
2,079
$
35,800
First
Financial
Bancorp
1,947
51,537
First
Hawaiian,
Inc.
2,607
63,428
Fulton
Financial
Corp.
3,705
71,692
Hanmi
Financial
Corp.
616
12,203
Heritage
Financial
Corp.
707
16,148
Hilltop
Holdings,
Inc.
946
31,076
Hope
Bancorp,
Inc.
2,460
31,463
Independent
Bank
Corp.
865
54,763
Independent
Bank
Group,
Inc.
735
42,792
Lakeland
Financial
Corp.
520
35,438
National
Bank
Holdings
Corp.,
Class
a
A
770
33,734
NBT
Bancorp,
Inc.
961
47,051
Northwest
Bancshares,
Inc.
2,594
35,927
OFG
Bancorp
960
44,150
Pacific
Premier
Bancorp,
Inc.
1,967
50,552
Park
National
Corp.
293
51,506
Pathward
Financial,
Inc.
515
35,442
Preferred
Bank
253
20,961
Provident
Financial
Services,
Inc.
2,662
50,764
Renasant
Corp.
1,276
44,660
S&T
Bancorp,
Inc.
779
33,474
Seacoast
Banking
Corp.
of
Florida
1,716
46,950
ServisFirst
Bancshares,
Inc.
1,000
81,060
Simmons
First
National
Corp.,
Class
a
A
2,559
54,814
Southside
Bancshares,
Inc.
586
20,059
Stellar
Bancorp,
Inc.
961
26,206
Tompkins
Financial
Corp.
255
15,642
Triumph
Financial,
Inc.*
441
37,035
TrustCo
Bank
Corp.
387
13,483
Trustmark
Corp.
1,249
41,604
United
Community
Banks,
Inc.
2,429
74,012
Veritex
Holdings,
Inc.
1,112
28,011
WaFd,
Inc.
1,377
50,495
Westamerica
Bancorp
545
28,226
WSFS
Financial
Corp.
1,225
67,057
2,634,450
Beverages
—
0.1%
MGP
Ingredients,
Inc.
319
28,579
National
Beverage
Corp.
476
21,496
50,075
Biotechnology
—
1.3%
Alkermes
plc*
3,450
98,153
Arcus
Biosciences,
Inc.*
1,113
19,055
Catalyst
Pharmaceuticals,
Inc.*
2,287
46,312
Dynavax
Technologies
Corp.*
2,670
29,957
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
2,852
14,431
Krystal
Biotech,
Inc.*
507
98,926
Myriad
Genetics,
Inc.*
1,846
52,297
Protagonist
Therapeutics,
Inc.*
1,195
51,254
REGENXBIO,
Inc.*
924
11,291
Vericel
Corp.*
990
51,134
AUGUST
31,
2024
(Unaudited)
::
ULTRA
SMALLCAP600
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
95
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Vir
Biotechnology,
Inc.*
1,775
$
14,661
Xencor,
Inc.*
1,258
22,002
509,473
Broadline
Retail
—
0.1%
Kohl's
Corp.
2,262
43,860
Building
Products
—
1.3%
American
Woodmark
Corp.*
324
29,034
Apogee
Enterprises,
Inc.
453
30,251
Armstrong
World
Industries,
Inc.
892
113,070
AZZ,
Inc.
605
50,318
Gibraltar
Industries,
Inc.*
622
43,335
Griffon
Corp.
757
50,106
Hayward
Holdings,
Inc.*
2,584
38,346
Insteel
Industries,
Inc.
397
13,657
Masterbrand,
Inc.*
2,589
41,528
Quanex
Building
Products
Corp.
904
24,977
Resideo
Technologies,
Inc.*
2,978
60,036
494,658
Capital
Markets
—
1.8%
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
1,425
59,266
B
Riley
Financial,
Inc.(b)
334
1,642
BGC
Group,
Inc.,
Class
a
A
7,826
77,321
Brightsphere
Investment
Group,
Inc.
600
14,634
Cohen
&
Steers,
Inc.
537
47,986
Donnelley
Financial
Solutions,
Inc.*
508
33,863
Moelis
&
Co.,
Class
a
A
1,435
95,844
Piper
Sandler
Cos.
318
86,719
PJT
Partners,
Inc.,
Class
a
A
451
55,698
StepStone
Group,
Inc.,
Class
a
A
1,060
57,982
StoneX
Group,
Inc.*
556
46,070
Virtu
Financial,
Inc.,
Class
a
A
1,804
55,401
Virtus
Investment
Partners,
Inc.
138
29,209
WisdomTree,
Inc.
2,275
23,068
684,703
Chemicals
—
1.6%
AdvanSix,
Inc.
548
16,199
Balchem
Corp.
661
117,017
Hawkins,
Inc.
387
49,021
HB
Fuller
Co.
1,111
95,168
Ingevity
Corp.*
688
27,196
Innospec,
Inc.
508
58,552
Koppers
Holdings,
Inc.
433
17,138
Mativ
Holdings,
Inc.
1,107
20,989
Minerals
Technologies,
Inc.
657
50,655
Quaker
Chemical
Corp.
282
47,734
Sensient
Technologies
Corp.
863
67,176
Stepan
Co.
436
33,847
600,692
Commercial
Services
&
Supplies
—
1.5%
ABM
Industries,
Inc.
1,290
73,723
Brady
Corp.,
Class
a
A
913
67,598
Investments
Shares
Value
Common
Stocks
(continued)
CoreCivic,
Inc.*
2,269
$
31,267
Deluxe
Corp.
898
18,490
Enviri
Corp.*
1,633
19,514
GEO
Group,
Inc.
(The)*
2,718
37,699
Healthcare
Services
Group,
Inc.*
1,501
16,346
HNI
Corp.
964
51,911
Interface,
Inc.,
Class
a
A
1,187
22,411
Liquidity
Services,
Inc.*
455
9,905
Matthews
International
Corp.,
Class
a
A
627
15,882
MillerKnoll,
Inc.
1,462
43,056
OPENLANE,
Inc.*
2,207
38,247
Pitney
Bowes,
Inc.
3,174
22,440
UniFirst
Corp.
307
58,235
Vestis
Corp.
2,679
37,694
Viad
Corp.*
431
14,831
579,249
Communications
Equipment
—
0.6%
Calix,
Inc.*
1,188
44,241
Digi
International,
Inc.*
743
21,889
Extreme
Networks,
Inc.*
2,650
41,737
Harmonic,
Inc.*
2,375
34,319
NetScout
Systems,
Inc.*
1,457
31,296
Viasat,
Inc.*
1,533
24,068
Viavi
Solutions,
Inc.*
4,552
39,193
236,743
Construction
&
Engineering
—
0.8%
Arcosa,
Inc.
987
90,301
Dycom
Industries,
Inc.*
593
104,344
Granite
Construction,
Inc.
900
67,644
MYR
Group,
Inc.*
343
34,574
296,863
Consumer
Finance
—
0.7%
Bread
Financial
Holdings,
Inc.
1,011
58,810
Encore
Capital
Group,
Inc.*
482
24,139
Enova
International,
Inc.*
554
47,494
EZCORP,
Inc.,
Class
a
A*
1,061
12,965
Green
Dot
Corp.,
Class
a
A*
934
10,433
Navient
Corp.
1,642
27,799
PRA
Group,
Inc.*
802
18,703
PROG
Holdings,
Inc.
879
41,102
World
Acceptance
Corp.*
67
7,896
249,341
Consumer
Staples
Distribution
&
Retail
—
0.5%
Andersons,
Inc.
(The)
649
33,079
Chefs'
Warehouse,
Inc.
(The)*
722
30,923
Grocery
Outlet
Holding
Corp.*
2,036
38,562
PriceSmart,
Inc.
513
45,955
SpartanNash
Co.
702
15,507
United
Natural
Foods,
Inc.*
1,212
18,338
182,364
Containers
&
Packaging
—
0.4%
Myers
Industries,
Inc.
758
11,590
ULTRA
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
96
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
O-I
Glass,
Inc.*
3,176
$
40,303
Sealed
Air
Corp.
2,970
103,802
155,695
Diversified
Consumer
Services
—
0.7%
Adtalem
Global
Education,
Inc.*
766
57,994
Frontdoor,
Inc.*
1,586
76,255
Mister
Car
Wash,
Inc.*
1,889
12,297
Perdoceo
Education
Corp.
1,338
30,025
Strategic
Education,
Inc.
448
43,232
Stride,
Inc.*
815
67,107
286,910
Diversified
REITs
—
0.6%
Alexander
&
Baldwin,
Inc.,
REIT
1,480
29,289
American
Assets
Trust,
Inc.,
REIT
993
27,059
Armada
Hoffler
Properties,
Inc.,
REIT
1,367
16,828
Essential
Properties
Realty
Trust,
Inc.,
REIT
3,575
114,079
Global
Net
Lease,
Inc.,
REIT
3,984
34,342
221,597
Diversified
Telecommunication
Services
—
0.5%
Cogent
Communications
Holdings,
Inc.
860
60,183
Consolidated
Communications
Holdings,
Inc.*
1,546
7,065
Lumen
Technologies,
Inc.*
20,694
108,643
Shenandoah
Telecommunications
Co.
1,023
15,468
191,359
Electric
Utilities
—
0.4%
MGE
Energy,
Inc.
738
63,988
Otter
Tail
Corp.
854
72,206
136,194
Electrical
Equipment
—
0.4%
Powell
Industries,
Inc.
188
31,479
Sunrun,
Inc.*
4,519
92,730
Vicor
Corp.*
461
17,748
141,957
Electronic
Equipment,
Instruments
&
Components
—
2.9%
Advanced
Energy
Industries,
Inc.
763
80,947
Arlo
Technologies,
Inc.*
1,989
23,351
Badger
Meter,
Inc.
599
123,957
Benchmark
Electronics,
Inc.
736
31,287
CTS
Corp.
624
30,732
ePlus,
Inc.*
544
52,202
Fabrinet*
738
179,814
Insight
Enterprises,
Inc.*
563
122,210
Itron,
Inc.*
936
95,678
Knowles
Corp.*
1,830
33,764
OSI
Systems,
Inc.*
320
47,958
PC
Connection,
Inc.
232
16,955
Plexus
Corp.*
558
71,485
Investments
Shares
Value
Common
Stocks
(continued)
Rogers
Corp.*
343
$
36,790
Sanmina
Corp.*
1,131
78,469
ScanSource,
Inc.*
504
25,674
TTM
Technologies,
Inc.*
2,074
40,339
1,091,612
Energy
Equipment
&
Services
—
1.5%
Archrock,
Inc.
3,035
61,398
Bristow
Group,
Inc.,
Class
a
A*
492
19,586
Cactus,
Inc.,
Class
a
A
1,340
79,757
Core
Laboratories,
Inc.
957
18,719
Dril-Quip,
Inc.*
702
11,450
Helix
Energy
Solutions
Group,
Inc.*
2,922
32,785
Helmerich
&
Payne,
Inc.
2,012
65,652
Liberty
Energy,
Inc.,
Class
a
A
3,091
63,644
Nabors
Industries
Ltd.*
182
13,717
Oceaneering
International,
Inc.*
2,068
55,815
Patterson-UTI
Energy,
Inc.
6,308
58,097
ProPetro
Holding
Corp.*
1,680
13,339
RPC,
Inc.
1,722
11,055
Tidewater,
Inc.*
989
87,724
592,738
Entertainment
—
0.3%
Cinemark
Holdings,
Inc.*
2,175
59,552
Madison
Square
Garden
Sports
Corp.*
341
71,286
130,838
Financial
Services
—
1.8%
EVERTEC,
Inc.
1,313
44,970
HA
Sustainable
Infrastructure
Capital,
Inc.
2,318
75,057
Jackson
Financial,
Inc.,
Class
a
A
1,384
124,518
Mr
Cooper
Group,
Inc.*
1,320
123,829
NCR
Atleos
Corp.*
1,396
39,940
NMI
Holdings,
Inc.,
Class
a
A*
1,637
67,232
Payoneer
Global,
Inc.*
5,396
40,092
Radian
Group,
Inc.
3,071
111,017
Walker
&
Dunlop,
Inc.
687
73,550
700,205
Food
Products
—
0.8%
B&G
Foods,
Inc.
1,611
13,645
Calavo
Growers,
Inc.
362
8,333
Cal-Maine
Foods,
Inc.
830
59,793
Fresh
Del
Monte
Produce,
Inc.
683
19,971
Hain
Celestial
Group,
Inc.
(The)*
1,832
14,656
J
&
J
Snack
Foods
Corp.
317
53,950
John
B
Sanfilippo
&
Son,
Inc.
183
17,361
Simply
Good
Foods
Co.
(The)*
1,856
58,631
Tootsie
Roll
Industries,
Inc.
360
10,699
TreeHouse
Foods,
Inc.*
975
40,063
WK
Kellogg
Co.
1,349
23,163
320,265
Gas
Utilities
—
0.2%
Chesapeake
Utilities
Corp.
455
53,881
AUGUST
31,
2024
(Unaudited)
::
ULTRA
SMALLCAP600
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
97
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Northwest
Natural
Holding
Co.
774
$
31,130
85,011
Ground
Transportation
—
0.6%
ArcBest
Corp.
477
50,705
Heartland
Express,
Inc.
935
11,575
Hertz
Global
Holdings,
Inc.*(b)
2,680
8,147
Marten
Transport
Ltd.
1,178
20,556
RXO,
Inc.*
2,396
68,190
Schneider
National,
Inc.,
Class
a
B
756
20,495
Werner
Enterprises,
Inc.
1,292
47,753
227,421
Health
Care
Equipment
&
Supplies
—
2.3%
Artivion,
Inc.*
808
21,929
Avanos
Medical,
Inc.*
937
22,694
CONMED
Corp.
629
46,055
Embecta
Corp.
1,176
19,216
Glaukos
Corp.*
1,027
137,505
ICU
Medical,
Inc.*
418
69,108
Inari
Medical,
Inc.*
1,056
45,651
Integer
Holdings
Corp.*
682
88,708
Integra
LifeSciences
Holdings
Corp.*
1,397
28,415
LeMaitre
Vascular,
Inc.
407
36,748
Merit
Medical
Systems,
Inc.*
1,184
114,469
Omnicell,
Inc.*
937
41,678
QuidelOrtho
Corp.*
1,010
42,673
STAAR
Surgical
Co.*
1,001
33,123
Tandem
Diabetes
Care,
Inc.*
1,317
57,289
UFP
Technologies,
Inc.*
145
49,478
Varex
Imaging
Corp.*
835
10,421
865,160
Health
Care
Providers
&
Services
—
2.2%
AdaptHealth
Corp.,
Class
a
A*
1,592
17,496
Addus
HomeCare
Corp.*
359
47,751
AMN
Healthcare
Services,
Inc.*
774
41,045
Astrana
Health,
Inc.*
862
41,195
CorVel
Corp.*
184
59,014
Cross
Country
Healthcare,
Inc.*
666
9,937
Enhabit,
Inc.*
1,023
8,634
Ensign
Group,
Inc.
(The)
1,152
174,367
Fulgent
Genetics,
Inc.*
415
9,362
National
HealthCare
Corp.
275
37,711
NeoGenomics,
Inc.*
2,604
43,018
Owens
&
Minor,
Inc.*
1,494
23,217
Patterson
Cos.,
Inc.
1,626
36,569
Pediatrix
Medical
Group,
Inc.*
1,688
18,332
Premier,
Inc.,
Class
a
A
2,137
43,531
Privia
Health
Group,
Inc.*
2,116
42,616
RadNet,
Inc.*
1,357
89,955
Select
Medical
Holdings
Corp.
2,173
78,380
US
Physical
Therapy,
Inc.
307
26,279
848,409
Health
Care
REITs
—
0.5%
CareTrust
REIT,
Inc.,
REIT
2,896
86,533
Investments
Shares
Value
Common
Stocks
(continued)
Community
Healthcare
Trust,
Inc.,
REIT
499
$
9,346
LTC
Properties,
Inc.,
REIT
886
32,543
Medical
Properties
Trust,
Inc.,
REIT(b)
12,240
55,080
Universal
Health
Realty
Income
Trust,
REIT
258
11,584
195,086
Health
Care
Technology
—
0.2%
Certara,
Inc.*
2,197
26,913
HealthStream,
Inc.
489
14,200
Schrodinger,
Inc.*
1,127
23,701
Simulations
Plus,
Inc.
327
11,854
76,668
Hotel
&
Resort
REITs
—
0.6%
Apple
Hospitality
REIT,
Inc.,
REIT
4,594
66,337
DiamondRock
Hospitality
Co.,
REIT
4,283
37,648
Pebblebrook
Hotel
Trust,
REIT
2,457
32,678
Service
Properties
Trust,
REIT
3,380
15,852
Summit
Hotel
Properties,
Inc.,
REIT
2,205
14,972
Sunstone
Hotel
Investors,
Inc.,
REIT
4,153
43,316
Xenia
Hotels
&
Resorts,
Inc.,
REIT
2,078
29,591
240,394
Hotels,
Restaurants
&
Leisure
—
1.4%
BJ's
Restaurants,
Inc.*
476
14,580
Bloomin'
Brands,
Inc.
1,764
30,870
Brinker
International,
Inc.*
907
64,869
Cheesecake
Factory,
Inc.
(The)
957
37,620
Chuy's
Holdings,
Inc.*
353
13,132
Cracker
Barrel
Old
Country
Store,
Inc.(b)
454
17,969
Dave
&
Buster's
Entertainment,
Inc.*
657
20,590
Dine
Brands
Global,
Inc.
314
9,929
Golden
Entertainment,
Inc.
444
14,381
Jack
in
the
Box,
Inc.
395
19,497
Monarch
Casino
&
Resort,
Inc.
266
20,195
Papa
John's
International,
Inc.
671
31,785
Penn
Entertainment,
Inc.*
3,043
56,661
Sabre
Corp.*
7,801
23,793
Shake
Shack,
Inc.,
Class
a
A*
767
76,247
Six
Flags
Entertainment
Corp.
1,898
83,094
535,212
Household
Durables
—
2.2%
Cavco
Industries,
Inc.*
157
64,891
Century
Communities,
Inc.
576
57,640
Ethan
Allen
Interiors,
Inc.
465
14,638
Green
Brick
Partners,
Inc.*
513
40,414
Installed
Building
Products,
Inc.
478
106,264
La-Z-Boy,
Inc.
869
35,255
Leggett
&
Platt,
Inc.
2,733
34,545
ULTRA
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
98
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
LGI
Homes,
Inc.*
418
$
45,094
M/I
Homes,
Inc.*
565
90,044
Meritage
Homes
Corp.
741
146,770
Newell
Brands,
Inc.
7,788
55,217
Sonos,
Inc.*
2,506
30,649
Tri
Pointe
Homes,
Inc.*
1,935
85,992
Worthington
Enterprises,
Inc.
624
28,579
835,992
Household
Products
—
0.4%
Central
Garden
&
Pet
Co.*
194
7,657
Central
Garden
&
Pet
Co.,
Class
a
A*
1,104
37,757
Energizer
Holdings,
Inc.
1,362
44,129
WD-40
Co.
275
72,281
161,824
Independent
Power
and
Renewable
Electricity
Producers
—
0.2%
Clearway
Energy,
Inc.,
Class
a
A
727
19,534
Clearway
Energy,
Inc.,
Class
a
C
1,681
48,682
68,216
Industrial
REITs
—
0.3%
Innovative
Industrial
Properties,
Inc.,
REIT
577
71,709
LXP
Industrial
Trust,
REIT
6,002
62,181
133,890
Insurance
—
1.7%
Ambac
Financial
Group,
Inc.*
922
10,787
AMERISAFE,
Inc.
389
19,497
Assured
Guaranty
Ltd.
1,055
84,484
Employers
Holdings,
Inc.
517
24,790
Genworth
Financial,
Inc.,
Class
a
A*
8,925
62,297
Goosehead
Insurance,
Inc.,
Class
a
A*
515
43,435
HCI
Group,
Inc.
151
14,470
Horace
Mann
Educators
Corp.
836
29,770
Lincoln
National
Corp.
3,467
111,291
Mercury
General
Corp.
543
35,963
Palomar
Holdings,
Inc.*
508
50,404
ProAssurance
Corp.*
1,041
13,949
Safety
Insurance
Group,
Inc.
302
26,742
SiriusPoint
Ltd.*
1,876
28,121
Stewart
Information
Services
Corp.
562
41,538
Trupanion,
Inc.*(b)
738
33,749
United
Fire
Group,
Inc.
434
8,884
640,171
Interactive
Media
&
Services
—
0.7%
Cargurus,
Inc.,
Class
a
A*
1,600
46,368
Cars.com,
Inc.*
1,255
22,389
IAC,
Inc.*
1,425
75,211
QuinStreet,
Inc.*
1,070
20,448
Shutterstock,
Inc.(b)
489
17,545
TripAdvisor,
Inc.*
2,217
32,169
Yelp,
Inc.,
Class
a
A*
1,375
48,029
262,159
Investments
Shares
Value
Common
Stocks
(continued)
IT
Services
—
0.4%
DigitalOcean
Holdings,
Inc.*
1,095
$
40,986
DXC
Technology
Co.*
3,648
75,404
Perficient,
Inc.*
717
53,897
170,287
Leisure
Products
—
0.2%
Sturm
Ruger
&
Co.,
Inc.
354
14,911
Topgolf
Callaway
Brands
Corp.*
2,881
28,983
Vista
Outdoor,
Inc.*
1,186
47,487
91,381
Life
Sciences
Tools
&
Services
—
0.2%
BioLife
Solutions,
Inc.*
742
19,203
Cytek
Biosciences,
Inc.*
1,955
11,222
Fortrea
Holdings,
Inc.*
1,823
42,038
Mesa
Laboratories,
Inc.
105
14,038
86,501
Machinery
—
3.5%
3D
Systems
Corp.*
2,720
5,821
Alamo
Group,
Inc.
212
39,305
Albany
International
Corp.,
Class
a
A
637
59,980
Astec
Industries,
Inc.
463
15,663
Barnes
Group,
Inc.
1,034
41,401
Enerpac
Tool
Group
Corp.,
Class
a
A
1,106
45,611
Enpro,
Inc.
428
68,835
ESCO
Technologies,
Inc.
526
63,073
Federal
Signal
Corp.
1,247
117,829
Franklin
Electric
Co.,
Inc.
808
83,919
Gates
Industrial
Corp.
plc*
4,223
76,690
Greenbrier
Cos.,
Inc.
(The)
635
30,766
Hillenbrand,
Inc.
1,431
47,166
John
Bean
Technologies
Corp.
650
58,396
Kennametal,
Inc.
1,603
41,470
Lindsay
Corp.
226
28,035
Mueller
Industries,
Inc.
2,315
168,324
Proto
Labs,
Inc.*
516
15,779
SPX
Technologies,
Inc.*
943
153,841
Standex
International
Corp.
243
43,412
Tennant
Co.
387
37,798
Titan
International,
Inc.*
1,041
8,671
Trinity
Industries,
Inc.
1,668
55,061
Wabash
National
Corp.
918
17,864
1,324,710
Marine
Transportation
—
0.3%
Matson,
Inc.
696
96,257
Media
—
0.4%
AMC
Networks,
Inc.,
Class
a
A*
631
6,215
Cable
One,
Inc.
93
32,803
EchoStar
Corp.,
Class
a
A*
2,458
45,571
John
Wiley
&
Sons,
Inc.,
Class
a
A
859
41,498
Scholastic
Corp.
519
16,546
AUGUST
31,
2024
(Unaudited)
::
ULTRA
SMALLCAP600
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
99
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
TechTarget,
Inc.*
530
$
14,125
Thryv
Holdings,
Inc.*
644
11,734
168,492
Metals
&
Mining
—
1.7%
Alpha
Metallurgical
Resources,
Inc.
237
56,678
Arch
Resources,
Inc.
368
50,206
ATI,
Inc.*
2,537
162,064
Carpenter
Technology
Corp.
1,011
146,362
Century
Aluminum
Co.*
1,060
15,222
Compass
Minerals
International,
Inc.
690
6,093
Haynes
International,
Inc.
258
15,516
Kaiser
Aluminum
Corp.
325
24,229
Materion
Corp.
423
49,085
Metallus,
Inc.*
795
12,927
Olympic
Steel,
Inc.
200
8,020
SunCoke
Energy,
Inc.
1,714
15,357
Warrior
Met
Coal,
Inc.
1,066
65,356
Worthington
Steel,
Inc.
627
22,196
649,311
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.9%
Apollo
Commercial
Real
Estate
Finance,
Inc.
2,667
28,243
Arbor
Realty
Trust,
Inc.
3,844
52,278
ARMOUR
Residential
REIT,
Inc.
993
20,307
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
3,539
65,330
Ellington
Financial,
Inc.
1,734
22,802
Franklin
BSP
Realty
Trust,
Inc.
1,669
22,732
KKR
Real
Estate
Finance
Trust,
Inc.
1,186
14,149
New
York
Mortgage
Trust,
Inc.
1,861
12,413
PennyMac
Mortgage
Investment
Trust
1,770
25,152
Ready
Capital
Corp.
3,168
26,263
Redwood
Trust,
Inc.
2,694
20,394
Two
Harbors
Investment
Corp.
2,109
29,863
339,926
Multi-Utilities
—
0.2%
Avista
Corp.
1,593
61,554
Unitil
Corp.
330
19,899
81,453
Office
REITs
—
0.8%
Brandywine
Realty
Trust,
REIT
3,512
18,368
Douglas
Emmett,
Inc.,
REIT
3,412
54,592
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
2,100
27,552
Highwoods
Properties,
Inc.,
REIT
2,162
69,660
Hudson
Pacific
Properties,
Inc.,
REIT
2,586
13,318
JBG
SMITH
Properties,
REIT
1,704
29,649
SL
Green
Realty
Corp.,
REIT
1,321
88,031
301,170
Investments
Shares
Value
Common
Stocks
(continued)
Oil,
Gas
&
Consumable
Fuels
—
1.7%
California
Resources
Corp.
1,308
$
68,631
Comstock
Resources,
Inc.
1,967
20,909
CONSOL
Energy,
Inc.
540
55,231
CVR
Energy,
Inc.
594
15,099
Dorian
LPG
Ltd.
695
27,098
Green
Plains,
Inc.*
1,317
18,662
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
3,688
94,450
Northern
Oil
&
Gas,
Inc.
1,868
74,309
Par
Pacific
Holdings,
Inc.*
1,086
24,370
Peabody
Energy
Corp.
2,155
50,449
REX
American
Resources
Corp.*
311
14,104
SM
Energy
Co.
2,346
107,048
Talos
Energy,
Inc.*
3,187
36,555
Vital
Energy,
Inc.*
521
18,699
World
Kinect
Corp.
1,222
35,181
660,795
Paper
&
Forest
Products
—
0.2%
Clearwater
Paper
Corp.*
341
11,345
Mercer
International,
Inc.
898
5,388
Sylvamo
Corp.
713
56,391
73,124
Passenger
Airlines
—
0.6%
Alaska
Air
Group,
Inc.*
2,587
93,417
Allegiant
Travel
Co.
294
12,371
JetBlue
Airways
Corp.*
6,934
35,225
SkyWest,
Inc.*
821
63,660
Sun
Country
Airlines
Holdings,
Inc.*
772
8,477
213,150
Personal
Care
Products
—
0.3%
Edgewell
Personal
Care
Co.
1,010
40,622
Inter
Parfums,
Inc.
364
46,898
Nu
Skin
Enterprises,
Inc.,
Class
a
A
1,013
9,046
USANA
Health
Sciences,
Inc.*
226
9,225
105,791
Pharmaceuticals
—
1.3%
Amphastar
Pharmaceuticals,
Inc.*
777
37,871
ANI
Pharmaceuticals,
Inc.*
313
19,954
Collegium
Pharmaceutical,
Inc.*
666
25,614
Corcept
Therapeutics,
Inc.*
1,867
65,905
Harmony
Biosciences
Holdings,
Inc.*
650
23,387
Innoviva,
Inc.*
1,120
21,706
Ligand
Pharmaceuticals,
Inc.*
345
36,501
Organon
&
Co.
5,243
117,181
Pacira
BioSciences,
Inc.*
987
15,358
Phibro
Animal
Health
Corp.,
Class
a
A
415
8,715
Prestige
Consumer
Healthcare,
Inc.*
1,018
75,984
ULTRA
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
100
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Supernus
Pharmaceuticals,
Inc.*
1,121
$
39,414
487,590
Professional
Services
—
1.0%
CSG
Systems
International,
Inc.
579
28,093
Heidrick
&
Struggles
International,
Inc.
413
15,942
Kelly
Services,
Inc.,
Class
a
A
656
13,848
Korn
Ferry
1,063
77,652
NV5
Global,
Inc.*
262
25,186
Robert
Half,
Inc.
2,107
132,046
Verra
Mobility
Corp.,
Class
a
A*
3,394
93,708
386,475
Real
Estate
Management
&
Development
—
0.4%
Cushman
&
Wakefield
plc*
4,016
52,208
eXp
World
Holdings,
Inc.
1,578
18,557
Kennedy-Wilson
Holdings,
Inc.
2,383
26,499
Marcus
&
Millichap,
Inc.
488
19,359
St
Joe
Co.
(The)
727
43,162
159,785
Residential
REITs
—
0.3%
Centerspace,
REIT
304
22,739
Elme
Communities,
REIT
1,794
31,682
NexPoint
Residential
Trust,
Inc.,
REIT
465
21,994
Veris
Residential,
Inc.,
REIT
1,642
28,801
105,216
Retail
REITs
—
1.3%
Acadia
Realty
Trust,
REIT
2,103
47,339
Getty
Realty
Corp.,
REIT
1,001
31,812
Macerich
Co.
(The),
REIT
4,398
70,236
Phillips
Edison
&
Co.,
Inc.,
REIT
2,495
92,215
Retail
Opportunity
Investments
Corp.,
REIT
2,598
39,723
Saul
Centers,
Inc.,
REIT
263
10,736
SITE
Centers
Corp.,
REIT
918
55,401
Tanger,
Inc.,
REIT
2,229
67,851
Urban
Edge
Properties,
REIT
2,422
51,225
Whitestone
REIT,
REIT
967
12,977
479,515
Semiconductors
&
Semiconductor
Equipment
—
1.7%
Alpha
&
Omega
Semiconductor
Ltd.*
473
19,776
Axcelis
Technologies,
Inc.*
663
72,486
CEVA,
Inc.*
480
11,491
Cohu,
Inc.*
959
25,807
Diodes,
Inc.*
942
65,648
FormFactor,
Inc.*
1,573
76,715
Ichor
Holdings
Ltd.*
682
21,142
Kulicke
&
Soffa
Industries,
Inc.
1,131
49,549
MaxLinear,
Inc.,
Class
a
A*
1,542
23,408
PDF
Solutions,
Inc.*
627
19,782
Photronics,
Inc.*
1,291
33,385
Semtech
Corp.*
1,316
57,667
SiTime
Corp.*
358
51,788
Investments
Shares
Value
Common
Stocks
(continued)
SMART
Global
Holdings,
Inc.*
1,066
$
22,088
SolarEdge
Technologies,
Inc.*
1,168
28,418
Ultra
Clean
Holdings,
Inc.*
916
34,533
Veeco
Instruments,
Inc.*
1,156
41,026
654,709
Software
—
2.7%
A10
Networks,
Inc.
1,427
19,650
ACI
Worldwide,
Inc.*
2,150
108,274
Adeia,
Inc.
2,212
27,871
Agilysys,
Inc.*
412
46,597
Alarm.com
Holdings,
Inc.*
1,024
60,969
BlackLine,
Inc.*
1,047
51,879
Box,
Inc.,
Class
a
A*
2,943
95,942
DoubleVerify
Holdings,
Inc.*
2,873
56,598
Envestnet,
Inc.*
1,023
64,193
InterDigital,
Inc.
515
71,358
LiveRamp
Holdings,
Inc.*
1,350
34,992
Marathon
Digital
Holdings,
Inc.*
5,566
92,952
N-able,
Inc.*
1,432
18,416
NCR
Voyix
Corp.*
2,809
37,893
Progress
Software
Corp.
880
51,172
SolarWinds
Corp.
1,062
13,583
Sprinklr,
Inc.,
Class
a
A*
2,443
21,914
SPS
Commerce,
Inc.*
756
151,004
1,025,257
Specialized
REITs
—
0.4%
Four
Corners
Property
Trust,
Inc.,
REIT
1,875
53,156
Outfront
Media,
Inc.,
REIT
2,977
50,758
Safehold,
Inc.,
REIT
918
23,005
Uniti
Group,
Inc.,
REIT
4,897
21,351
148,270
Specialty
Retail
—
2.5%
Academy
Sports
&
Outdoors,
Inc.
1,504
83,442
Advance
Auto
Parts,
Inc.
1,215
55,052
American
Eagle
Outfitters,
Inc.
3,771
77,607
Asbury
Automotive
Group,
Inc.*
411
100,958
Boot
Barn
Holdings,
Inc.*
620
83,185
Buckle,
Inc.
(The)
603
25,266
Caleres,
Inc.
673
28,353
Designer
Brands,
Inc.,
Class
a
A
887
5,890
Foot
Locker,
Inc.
1,676
52,191
Group
1
Automotive,
Inc.
268
100,972
Guess?,
Inc.
555
11,500
Haverty
Furniture
Cos.,
Inc.
270
7,398
Leslie's,
Inc.*
3,767
11,376
MarineMax,
Inc.*
414
13,132
Monro,
Inc.
610
16,525
National
Vision
Holdings,
Inc.*
1,601
16,907
ODP
Corp.
(The)*
653
20,145
Sally
Beauty
Holdings,
Inc.*
2,110
27,535
Shoe
Carnival,
Inc.
364
14,720
Signet
Jewelers
Ltd.
910
76,531
Sonic
Automotive,
Inc.,
Class
a
A
303
18,889
Upbound
Group,
Inc.
913
30,403
Urban
Outfitters,
Inc.*
1,157
42,022
AUGUST
31,
2024
(Unaudited)
::
ULTRA
SMALLCAP600
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
101
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Victoria's
Secret
&
Co.*
1,595
$
37,419
957,418
Technology
Hardware,
Storage
&
Peripherals
—
0.1%
Corsair
Gaming,
Inc.*
889
6,196
Xerox
Holdings
Corp.
2,329
26,388
32,584
Textiles,
Apparel
&
Luxury
Goods
—
1.0%
G-III
Apparel
Group
Ltd.*
816
21,600
Hanesbrands,
Inc.*
7,168
45,517
Kontoor
Brands,
Inc.
1,013
75,823
Movado
Group,
Inc.
319
7,611
Oxford
Industries,
Inc.
300
26,094
Steven
Madden
Ltd.
1,406
63,411
VF
Corp.
6,735
122,644
Wolverine
World
Wide,
Inc.
1,630
22,347
385,047
Tobacco
—
0.2%
Universal
Corp.
501
27,204
Vector
Group
Ltd.
2,728
40,866
68,070
Trading
Companies
&
Distributors
—
1.0%
Air
Lease
Corp.,
Class
a
A
2,111
97,676
Boise
Cascade
Co.
805
109,174
DNOW,
Inc.*
2,177
28,345
DXP
Enterprises,
Inc.*
265
14,575
GMS,
Inc.*
812
70,473
Rush
Enterprises,
Inc.,
Class
a
A
1,261
66,455
386,698
Water
Utilities
—
0.5%
American
States
Water
Co.
758
61,716
California
Water
Service
Group
1,177
65,123
Middlesex
Water
Co.
362
22,810
SJW
Group
598
35,276
184,925
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
1,245
9,923
Telephone
and
Data
Systems,
Inc.
2,009
47,452
57,375
Total
Common
Stocks
(Cost
$24,064,494)
26,419,819
Securities
Lending
Reinvestments
(c)
—
0
.2
%
Investment
Companies
—
0
.2
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(d)
(Cost
$82,066)
82,066
82,066
Investments
Principal
Amount
Value
Short-Term
Investments
—
23
.0
%
Repurchase
Agreements
(e)
—
23
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$8,794,982
(Cost
$8,789,819)
$
8,789,819
$
8,789,819
Total
Investments
—
92.3%
(Cost
$32,936,379)
35,291,704
Other
assets
less
liabilities
—
7.7%
2,943,608
Net
Assets
—
100.0%
$
38,235,312
*
Non-income
producing
security.
(a)
Security
exempt
from
registration
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933.
Regulation
S
applies
to
securities
offerings
that
are
made
outside
of
the
United
States
and
do
not
involve
direct
selling
efforts
in
the
United
States
and
as
such
may
have
restrictions
on
resale.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$97,680,
collateralized
in
the
form
of
cash
with
a
value
of
$82,066
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$24,747
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
October
31,
2024
–
February
15,
2051.
The
total
value
of
collateral
is
$106,813.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$82,066.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
ULTRA
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SUMMARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
102
SAA
::
Swap
Agreements
Ultra
SmallCap600
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
8,945,806
2/11/2025
Bank
of
America
NA
5.88%
S&P
SmallCap
600
®
202,925
8,935,918
11/6/2025
Citibank
NA
5.68%
S&P
SmallCap
600
®
561,642
7,163,142
1/26/2026
Morgan
Stanley
&
Co.
International
plc
6.13%
S&P
SmallCap
600
®
462,146
10,513,758
3/6/2026
Societe
Generale
6.18%
S&P
SmallCap
600
®
221,451
14,484,493
11/7/2024
UBS
AG
6.03%
S&P
SmallCap
600
®
718,586
50,043,117
2,166,750
Total
Unrealized
Appreciation
2,166,750
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRA
TECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
103
ROM
::
Investments
Shares
Value
Common
Stocks
—
74
.8
%
Communications
Equipment
—
3.1%
Arista
Networks,
Inc.*
13,799
$
4,876,290
Cisco
Systems,
Inc.
220,165
11,127,139
F5,
Inc.*
3,192
648,455
Juniper
Networks,
Inc.
17,678
687,321
Motorola
Solutions,
Inc.
9,069
4,008,861
21,348,066
Electronic
Equipment,
Instruments
&
Components
—
2.2%
Amphenol
Corp.,
Class
a
A
65,313
4,405,362
CDW
Corp.
7,304
1,648,074
Corning,
Inc.
41,914
1,754,101
Jabil,
Inc.
6,554
716,221
Keysight
Technologies,
Inc.*
9,485
1,461,828
TE
Connectivity
Ltd.
16,646
2,556,826
Teledyne
Technologies,
Inc.*
2,585
1,118,788
Trimble,
Inc.*
13,276
752,616
Zebra
Technologies
Corp.,
Class
a
A*
2,794
964,992
15,378,808
IT
Services
—
4.3%
Accenture
plc,
Class
a
A
34,191
11,691,613
Akamai
Technologies,
Inc.*
8,282
843,439
Cognizant
Technology
Solutions
Corp.,
Class
a
A
27,031
2,102,201
EPAM
Systems,
Inc.*
3,154
633,197
Gartner,
Inc.*
4,216
2,074,103
GoDaddy,
Inc.,
Class
a
A*
7,666
1,283,365
International
Business
Machines
Corp.
49,947
10,095,787
VeriSign,
Inc.*
4,716
867,272
29,590,977
Semiconductors
&
Semiconductor
Equipment
—
31.0%
Advanced
Micro
Devices,
Inc.*
87,876
13,054,912
Analog
Devices,
Inc.
26,965
6,332,460
Applied
Materials,
Inc.
45,184
8,912,996
Broadcom,
Inc.
139,002
22,632,306
Enphase
Energy,
Inc.*
7,396
895,212
First
Solar,
Inc.*
5,816
1,322,384
Intel
Corp.
231,462
5,101,422
KLA
Corp.
7,316
5,994,950
Lam
Research
Corp.
7,108
5,835,739
Microchip
Technology,
Inc.
29,382
2,414,025
Micron
Technology,
Inc.
60,209
5,794,514
Monolithic
Power
Systems,
Inc.
2,641
2,468,490
NVIDIA
Corp.
876,544
104,633,057
NXP
Semiconductors
NV
13,902
3,563,917
ON
Semiconductor
Corp.*
23,393
1,821,613
Qorvo,
Inc.*
5,249
608,307
QUALCOMM,
Inc.
60,799
10,658,065
Skyworks
Solutions,
Inc.
8,716
955,186
Teradyne,
Inc.
8,493
1,161,248
Texas
Instruments,
Inc.
49,500
10,609,830
214,770,633
Investments
Shares
Value
Common
Stocks
(continued)
Software
—
29.3%
Adobe,
Inc.*
24,361
$
13,993,202
ANSYS,
Inc.*
4,751
1,527,066
Autodesk,
Inc.*
11,633
3,005,967
Cadence
Design
Systems,
Inc.*
14,794
3,978,551
Crowdstrike
Holdings,
Inc.,
Class
a
A*
12,540
3,477,091
Fair
Isaac
Corp.*
1,340
2,318,562
Fortinet,
Inc.*
34,476
2,644,654
Gen
Digital,
Inc.
29,958
792,689
Intuit,
Inc.
15,224
9,595,078
Microsoft
Corp.
264,826
110,469,518
Oracle
Corp.
86,680
12,247,017
Palo
Alto
Networks,
Inc.*
17,570
6,372,990
PTC,
Inc.*
6,507
1,165,339
Roper
Technologies,
Inc.
5,817
3,225,003
Salesforce,
Inc.
52,810
13,355,649
ServiceNow,
Inc.*
11,145
9,528,975
Synopsys,
Inc.*
8,297
4,310,955
Tyler
Technologies,
Inc.*
2,308
1,356,804
203,365,110
Technology
Hardware,
Storage
&
Peripherals
—
4.9%
Apple,
Inc.
113,488
25,988,752
Hewlett
Packard
Enterprise
Co.
70,682
1,369,110
HP,
Inc.
46,932
1,698,000
NetApp,
Inc.
11,219
1,354,358
Seagate
Technology
Holdings
plc
10,621
1,057,321
Super
Micro
Computer,
Inc.*
2,735
1,197,109
Western
Digital
Corp.*
17,754
1,164,485
33,829,135
Total
Common
Stocks
(Cost
$430,916,632)
518,282,729
Principal
Amount
Short-Term
Investments
—
15
.1
%
Repurchase
Agreements
(a)
—
2
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$17,159,000
(Cost
$17,148,928)
$
17,148,928
17,148,928
U.S.
Treasury
Obligations
(b)
—
12
.6
%
U.S.
Treasury
Bills
5.15%,
10/17/2024
(c)
10,000,000
9,937,789
5.28%,
10/24/2024
(c)
10,000,000
9,927,655
5.15%,
10/31/2024
(c)
38,000,000
37,690,216
ULTRA
TECHNOLOGY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
104
ROM
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(b)
(continued)
U.S.
Treasury
Bills
(continued)
5.01%,
12/5/2024
(c)
$
30,000,000
$
29,621,025
Total
U.S.
Treasury
Obligations
(Cost
$87,145,238)
87,176,685
Total
Short-Term
Investments
(Cost
$104,294,166)
104,325,613
Total
Investments
—
89.9%
(Cost
$535,210,798)
622,608,342
Other
assets
less
liabilities
—
10.1%
70,310,542
Net
Assets
—
100.0%
$
692,918,884
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$70,274,144.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
Ultra
Technology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
99,051,845
5/6/2025
Bank
of
America
NA
6.03%
S&P
Technology
Select
Sector
Index
c
13,906,903
111,329,918
3/6/2026
Barclays
Capital
6.08%
S&P
Technology
Select
Sector
Index
c
3,571,176
93,280,974
1/26/2026
BNP
Paribas
SA
6.03%
S&P
Technology
Select
Sector
Index
c
(
3,406,178
)
24,283,349
4/7/2025
Citibank
NA
6.18%
S&P
Technology
Select
Sector
Index
c
15,397,996
56,003,183
1/26/2026
Goldman
Sachs
International
6.08%
S&P
Technology
Select
Sector
Index
c
(
1,535,845
)
331,904,967
1/26/2026
J.P.
Morgan
Securities
5.73%
S&P
Technology
Select
Sector
Index
c
(
9,694,218
)
46,896,650
3/6/2025
Societe
Generale
6.28%
S&P
Technology
Select
Sector
Index
c
30,412,181
101,269,706
5/6/2025
UBS
AG
6.13%
S&P
Technology
Select
Sector
Index
c
22,053,956
864,020,592
70,705,971
Total
Unrealized
Appreciation
85,342,212
Total
Unrealized
Depreciation
(
14,636,241
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRA
UTILITIES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
105
UPW
::
Investments
Shares
Value
Common
Stocks
—
71
.4
%
Electric
Utilities
—
47.2%
Alliant
Energy
Corp.
2,276
$
132,623
American
Electric
Power
Co.,
Inc.
4,676
468,909
Constellation
Energy
Corp.
2,796
549,973
Duke
Energy
Corp.
6,850
780,558
Edison
International
3,417
297,382
Entergy
Corp.
1,895
228,708
Evergy,
Inc.
2,039
120,586
Eversource
Energy
3,127
211,166
Exelon
Corp.
8,873
337,973
FirstEnergy
Corp.
4,598
201,944
NextEra
Energy,
Inc.
18,234
1,468,019
NRG
Energy,
Inc.
1,850
157,268
PG&E
Corp.
18,963
373,571
Pinnacle
West
Capital
Corp.
1,006
88,045
PPL
Corp.
6,547
208,915
Southern
Co.
(The)
9,706
838,598
Xcel
Energy,
Inc.
4,933
302,048
6,766,286
Gas
Utilities
—
1.2%
Atmos
Energy
Corp.
1,341
175,322
Independent
Power
and
Renewable
Electricity
Producers
—
2.5%
AES
Corp.
(The)
6,308
108,056
Vistra
Corp.
2,900
247,747
355,803
Multi-Utilities
—
18.8%
Ameren
Corp.
2,367
195,301
CenterPoint
Energy,
Inc.
5,677
154,982
CMS
Energy
Corp.
2,649
179,761
Consolidated
Edison,
Inc.
3,067
311,484
Dominion
Energy,
Inc.
7,438
415,784
DTE
Energy
Co.
1,837
229,662
NiSource,
Inc.
3,977
131,480
Public
Service
Enterprise
Group,
Inc.
4,419
356,834
Sempra
5,614
461,359
WEC
Energy
Group,
Inc.
2,802
260,670
2,697,317
Water
Utilities
—
1.7%
American
Water
Works
Co.,
Inc.
1,729
247,455
Total
Common
Stocks
(Cost
$9,292,816)
10,242,183
Investments
Principal
Amount
Value
Short-Term
Investments
—
6
.4
%
Repurchase
Agreements
(a)
—
6
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$925,118
(Cost
$924,575)
$
924,575
$
924,575
Total
Investments
—
77.8%
(Cost
$10,217,391)
11,166,758
Other
assets
less
liabilities
—
22.2%
3,191,649
Net
Assets
—
100.0%
$
14,358,407
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
ULTRA
UTILITIES
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
106
UPW
::
Swap
Agreements
Ultra
Utilities
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
7,339,648
3/6/2025
Bank
of
America
NA
5.53%
S&P
Utilities
Select
Sector
Index
c
625,323
4,838,526
3/6/2025
Goldman
Sachs
International
6.08%
S&P
Utilities
Select
Sector
Index
c
346,745
4,352,751
3/6/2025
Societe
Generale
6.28%
S&P
Utilities
Select
Sector
Index
c
451,871
1,923,881
3/6/2025
UBS
AG
6.03%
S&P
Utilities
Select
Sector
Index
c
(
210,663
)
18,454,806
1,213,276
Total
Unrealized
Appreciation
1,423,940
Total
Unrealized
Depreciation
(
210,664
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
107
UDOW
::
Investments
Shares
Value
Common
Stocks
(a)
—
56
.8
%
Aerospace
&
Defense
—
1.6%
Boeing
Co.
(The)*
57,030
$
9,908,392
Banks
—
2.0%
JPMorgan
Chase
&
Co.
57,027
12,819,670
Beverages
—
0.6%
Coca-Cola
Co.
(The)
57,041
4,133,761
Biotechnology
—
3.0%
Amgen,
Inc.
57,022
19,035,654
Broadline
Retail
—
1.6%
Amazon.com,
Inc.*
57,029
10,179,677
Capital
Markets
—
4.6%
Goldman
Sachs
Group,
Inc.
(The)
57,022
29,095,476
Chemicals
—
0.5%
Dow,
Inc.
57,041
3,056,257
Communications
Equipment
—
0.5%
Cisco
Systems,
Inc.
57,041
2,882,852
Consumer
Finance
—
2.3%
American
Express
Co.
57,024
14,749,258
Consumer
Staples
Distribution
&
Retail
—
0.7%
Walmart,
Inc.
57,041
4,405,276
Diversified
Telecommunication
Services
—
0.4%
Verizon
Communications,
Inc.
57,039
2,383,089
Entertainment
—
0.8%
Walt
Disney
Co.
(The)
57,038
5,155,094
Financial
Services
—
2.5%
Visa,
Inc.,
Class
a
A
57,022
15,759,170
Health
Care
Providers
&
Services
—
5.3%
UnitedHealth
Group,
Inc.
57,022
33,654,384
Hotels,
Restaurants
&
Leisure
—
2.6%
McDonald's
Corp.
57,022
16,459,971
Household
Products
—
1.5%
Procter
&
Gamble
Co.
(The)
57,035
9,783,784
Industrial
Conglomerates
—
3.1%
3M
Co.
57,035
7,682,044
Honeywell
International,
Inc.
57,025
11,856,068
19,538,112
Insurance
—
2.0%
Travelers
Cos.,
Inc.
(The)
57,022
13,005,008
Investments
Shares
Value
Common
Stocks
(a)
(continued)
IT
Services
—
1.8%
International
Business
Machines
Corp.
57,031
$
11,527,676
Machinery
—
3.2%
Caterpillar,
Inc.
57,022
20,305,534
Oil,
Gas
&
Consumable
Fuels
—
1.3%
Chevron
Corp.
57,034
8,438,180
Pharmaceuticals
—
2.6%
Johnson
&
Johnson
57,035
9,459,825
Merck
&
Co.,
Inc.
57,035
6,755,796
16,215,621
Semiconductors
&
Semiconductor
Equipment
—
0.2%
Intel
Corp.
57,043
1,257,228
Software
—
6.0%
Microsoft
Corp.
57,025
23,787,408
Salesforce,
Inc.
57,021
14,420,611
38,208,019
Specialty
Retail
—
3.3%
Home
Depot,
Inc.
(The)
57,022
21,012,607
Technology
Hardware,
Storage
&
Peripherals
—
2.1%
Apple,
Inc.
57,029
13,059,641
Textiles,
Apparel
&
Luxury
Goods
—
0.7%
NIKE,
Inc.,
Class
a
B
57,039
4,752,490
Total
Common
Stocks
(Cost
$358,329,116)
360,781,881
Principal
Amount
Short-Term
Investments
—
11
.3
%
Repurchase
Agreements
(b)
—
5
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$37,091,807
(Cost
$37,070,035)
$
37,070,035
37,070,035
U.S.
Treasury
Obligations
(a)
—
5
.5
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)
10,000,000
9,918,478
ULTRAPRO
DOW30
~
SM
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
108
UDOW
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
(continued)
U.S.
Treasury
Bills
(continued)
5.19%,
11/19/2024
(c)
$
25,000,000
$
24,733,708
Total
U.S.
Treasury
Obligations
(Cost
$34,635,101)
34,652,186
Total
Short-Term
Investments
(Cost
$71,705,136)
71,722,221
Total
Investments
—
68.1%
(Cost
$430,034,252)
432,504,102
Other
assets
less
liabilities
—
31.9%
203,040,521
Net
Assets
—
100.0%
$
635,544,623
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$73,456,289.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Purchased
UltraPro
Dow30
SM
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
DJIA
CBOT
E-Mini
Index
345
9/20/2024
U.S.
Dollar
$
71,851,425
$
3,821,029
Swap
Agreements
UltraPro
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
306,818,656
2/11/2025
Bank
of
America
NA
6.03%
Dow
Jones
Industrial
Average
SM
37,262,393
226,560,349
11/6/2025
Barclays
Capital
6.13%
Dow
Jones
Industrial
Average
SM
23,167,325
284,623,972
5/6/2025
BNP
Paribas
SA
5.93%
Dow
Jones
Industrial
Average
SM
19,857,748
216,543,647
5/6/2025
Citibank
NA
6.08%
Dow
Jones
Industrial
Average
SM
12,163,398
60,183,340
11/6/2025
Morgan
Stanley
&
Co.
International
plc
6.18%
Dow
Jones
Industrial
Average
SM
26,902,773
126,725,831
3/6/2025
Societe
Generale
6.18%
Dow
Jones
Industrial
Average
SM
38,447,206
252,661,963
5/6/2025
UBS
AG
6.13%
Dow
Jones
Industrial
Average
SM
14,090,387
1,474,117,758
171,891,230
Total
Unrealized
Appreciation
171,891,230
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
109
UMDD
::
Investments
Shares
Value
Common
Stocks
—
54
.7
%
Aerospace
&
Defense
—
0.7%
BWX
Technologies,
Inc.
608
$
62,624
Curtiss-Wright
Corp.
255
80,544
Hexcel
Corp.
553
35,000
Woodward,
Inc.
406
67,660
245,828
Air
Freight
&
Logistics
—
0.1%
GXO
Logistics,
Inc.*
794
39,740
Automobile
Components
—
0.5%
Adient
plc*
598
13,527
Autoliv,
Inc.
482
49,391
Gentex
Corp.
1,538
48,186
Goodyear
Tire
&
Rubber
Co.
(The)*
1,892
16,687
Lear
Corp.
377
43,977
Visteon
Corp.*
184
18,626
190,394
Automobiles
—
0.2%
Harley-Davidson,
Inc.
815
30,514
Thor
Industries,
Inc.
355
38,077
68,591
Banks
—
3.1%
Associated
Banc-Corp.
986
22,560
Bank
OZK
702
30,432
Cadence
Bank
1,214
39,188
Columbia
Banking
System,
Inc.
1,393
35,076
Commerce
Bancshares,
Inc.
784
50,145
Cullen/Frost
Bankers,
Inc.
428
48,034
East
West
Bancorp,
Inc.
925
77,765
First
Financial
Bankshares,
Inc.
(a)
855
31,267
First
Horizon
Corp.
3,637
60,338
FNB
Corp.
2,392
35,832
Glacier
Bancorp,
Inc.
755
35,711
Hancock
Whitney
Corp.
576
30,948
Home
BancShares,
Inc.
1,240
34,522
International
Bancshares
Corp.
356
22,492
New
York
Community
Bancorp,
Inc.
1,729
18,742
Old
National
Bancorp
2,100
41,685
Pinnacle
Financial
Partners,
Inc.
509
50,681
Prosperity
Bancshares,
Inc.
638
46,944
SouthState
Corp.
506
49,128
Synovus
Financial
Corp.
974
44,921
Texas
Capital
Bancshares,
Inc.*
310
20,838
UMB
Financial
Corp.
291
30,145
United
Bankshares,
Inc.
898
34,905
Valley
National
Bancorp
2,845
24,695
Webster
Financial
Corp.
1,140
54,070
Wintrust
Financial
Corp.
433
47,110
Zions
Bancorp
NA
982
48,668
1,066,842
Investments
Shares
Value
Common
Stocks
(continued)
Beverages
—
0.3%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
61
$
16,575
Celsius
Holdings,
Inc.*
992
37,726
Coca-Cola
Consolidated,
Inc.
30
40,272
94,573
Biotechnology
—
1.7%
Arrowhead
Pharmaceuticals,
Inc.*
827
19,708
BioMarin
Pharmaceutical,
Inc.*
1,263
115,198
Cytokinetics,
Inc.*
763
43,552
Exelixis,
Inc.*
1,938
50,446
Halozyme
Therapeutics,
Inc.*
847
54,081
Neurocrine
Biosciences,
Inc.*
670
85,130
Roivant
Sciences
Ltd.*
2,250
27,518
Sarepta
Therapeutics,
Inc.*
628
85,270
United
Therapeutics
Corp.*
295
107,247
588,150
Broadline
Retail
—
0.2%
Macy's,
Inc.
1,830
28,493
Nordstrom,
Inc.
651
14,543
Ollie's
Bargain
Outlet
Holdings,
Inc.*
408
36,541
79,577
Building
Products
—
2.0%
AAON,
Inc.
453
43,266
Advanced
Drainage
Systems,
Inc.
453
71,012
Carlisle
Cos.,
Inc.
316
133,921
Fortune
Brands
Innovations,
Inc.
833
66,149
Lennox
International,
Inc.
213
125,710
Owens
Corning
576
97,189
Simpson
Manufacturing
Co.,
Inc.
280
51,257
Trex
Co.,
Inc.*
722
46,020
UFP
Industries,
Inc.
411
50,006
684,530
Capital
Markets
—
1.7%
Affiliated
Managers
Group,
Inc.
212
36,852
Carlyle
Group,
Inc.
(The)
1,435
57,587
Evercore,
Inc.,
Class
a
A
235
57,749
Federated
Hermes,
Inc.,
Class
a
B
535
18,351
Houlihan
Lokey,
Inc.,
Class
a
A
348
54,504
Interactive
Brokers
Group,
Inc.,
Class
a
A
712
91,770
Janus
Henderson
Group
plc
853
32,081
Jefferies
Financial
Group,
Inc.
1,128
67,624
Morningstar,
Inc.
172
53,968
SEI
Investments
Co.
664
44,906
Stifel
Financial
Corp.
682
60,111
575,503
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
110
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Chemicals
—
1.2%
Arcadium
Lithium
plc*
6,865
$
18,604
Ashland,
Inc.
334
29,893
Avient
Corp.
607
29,822
Axalta
Coating
Systems
Ltd.*
1,468
53,582
Cabot
Corp.
367
38,575
Chemours
Co.
(The)
990
19,246
NewMarket
Corp.
47
26,967
Olin
Corp.
794
34,674
RPM
International,
Inc.
856
99,510
Scotts
Miracle-Gro
Co.
(The)
279
19,803
Westlake
Corp.
213
30,979
401,655
Commercial
Services
&
Supplies
—
1.1%
Brink's
Co.
(The)
295
32,724
Clean
Harbors,
Inc.*
334
82,131
MSA
Safety,
Inc.
247
45,110
RB
Global,
Inc.
1,222
105,251
Stericycle,
Inc.*
617
36,563
Tetra
Tech,
Inc.
356
84,635
386,414
Communications
Equipment
—
0.2%
Ciena
Corp.*
962
55,459
Lumentum
Holdings,
Inc.*(a)
449
25,867
81,326
Construction
&
Engineering
—
1.4%
AECOM
905
90,627
Comfort
Systems
USA,
Inc.
236
83,431
EMCOR
Group,
Inc.
312
122,635
Fluor
Corp.*
1,138
56,980
MasTec,
Inc.*
404
45,704
MDU
Resources
Group,
Inc.
1,355
34,810
Valmont
Industries,
Inc.
135
38,577
472,764
Construction
Materials
—
0.3%
Eagle
Materials,
Inc.
228
58,767
Knife
River
Corp.*
376
29,655
88,422
Consumer
Finance
—
0.4%
Ally
Financial,
Inc.
1,820
78,606
FirstCash
Holdings,
Inc.
249
29,902
SLM
Corp.
1,462
32,252
140,760
Consumer
Staples
Distribution
&
Retail
—
1.1%
BJ's
Wholesale
Club
Holdings,
Inc.*
885
70,765
Casey's
General
Stores,
Inc.
247
89,491
Performance
Food
Group
Co.*
1,035
77,252
Sprouts
Farmers
Market,
Inc.*
669
69,609
US
Foods
Holding
Corp.*
1,504
89,052
396,169
Investments
Shares
Value
Common
Stocks
(continued)
Containers
&
Packaging
—
1.0%
AptarGroup,
Inc.
440
$
67,404
Berry
Global
Group,
Inc.
761
52,402
Crown
Holdings,
Inc.
793
71,695
Graphic
Packaging
Holding
Co.
2,043
61,147
Greif,
Inc.,
Class
a
A
171
10,691
Silgan
Holdings,
Inc.
541
28,278
Sonoco
Products
Co.
653
36,940
328,557
Diversified
Consumer
Services
—
0.7%
Duolingo,
Inc.,
Class
a
A*
247
52,505
Graham
Holdings
Co.,
Class
a
B
23
18,289
Grand
Canyon
Education,
Inc.*
195
28,277
H&R
Block,
Inc.
928
58,752
Service
Corp.
International
969
75,843
233,666
Diversified
REITs
—
0.2%
WP
Carey,
Inc.,
REIT
1,456
87,389
Diversified
Telecommunication
Services
—
0.2%
Frontier
Communications
Parent,
Inc.*
1,488
42,854
Iridium
Communications,
Inc.
808
20,847
63,701
Electric
Utilities
—
0.5%
ALLETE,
Inc.
383
24,340
IDACORP,
Inc.
337
34,344
OGE
Energy
Corp.
1,334
52,773
Portland
General
Electric
Co.
685
32,955
TXNM
Energy,
Inc.
601
24,629
169,041
Electrical
Equipment
—
0.9%
Acuity
Brands,
Inc.
203
51,704
EnerSys
269
27,258
NEXTracker,
Inc.,
Class
a
A*
818
33,268
nVent
Electric
plc
1,104
75,028
Regal
Rexnord
Corp.
442
74,172
Sensata
Technologies
Holding
plc
1,002
38,627
300,057
Electronic
Equipment,
Instruments
&
Components
—
1.3%
Arrow
Electronics,
Inc.*
354
47,818
Avnet,
Inc.
602
33,218
Belden,
Inc.
271
29,073
Cognex
Corp.
1,141
46,073
Coherent
Corp.*
883
68,830
Crane
NXT
Co.
324
19,035
IPG
Photonics
Corp.*
192
13,127
Littelfuse,
Inc.
164
44,641
Novanta,
Inc.*
238
43,621
TD
SYNNEX
Corp.
516
62,653
Vishay
Intertechnology,
Inc.
832
16,765
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
111
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Vontier
Corp.
1,027
$
35,976
460,830
Energy
Equipment
&
Services
—
0.5%
ChampionX
Corp.
1,266
39,410
NOV,
Inc.
2,631
46,753
Valaris
Ltd.*
414
25,279
Weatherford
International
plc
487
51,106
162,548
Entertainment
—
0.2%
TKO
Group
Holdings,
Inc.,
Class
a
A
392
46,346
Warner
Music
Group
Corp.,
Class
a
A
941
26,922
73,268
Financial
Services
—
1.0%
Equitable
Holdings,
Inc.
2,033
86,443
Essent
Group
Ltd.
710
45,646
Euronet
Worldwide,
Inc.*
290
31,294
MGIC
Investment
Corp.
1,773
45,087
Voya
Financial,
Inc.
670
47,456
Western
Union
Co.
(The)
2,249
27,438
WEX,
Inc.*
279
53,295
336,659
Food
Products
—
0.6%
Darling
Ingredients,
Inc.*
1,063
44,359
Flowers
Foods,
Inc.
1,278
29,701
Ingredion,
Inc.
436
58,559
Lancaster
Colony
Corp.
136
23,223
Pilgrim's
Pride
Corp.*
269
12,530
Post
Holdings,
Inc.*
335
38,783
207,155
Gas
Utilities
—
0.5%
National
Fuel
Gas
Co.
612
36,573
New
Jersey
Resources
Corp.
657
30,426
ONE
Gas,
Inc.
376
25,921
Southwest
Gas
Holdings,
Inc.
401
29,161
Spire,
Inc.
383
25,267
UGI
Corp.
1,395
34,749
182,097
Ground
Transportation
—
0.9%
Avis
Budget
Group,
Inc.
121
9,921
Knight-Swift
Transportation
Holdings,
Inc.,
Class
a
A
1,074
56,256
Landstar
System,
Inc.
237
43,266
Ryder
System,
Inc.
291
42,265
Saia,
Inc.*
177
66,522
XPO,
Inc.*
774
88,716
306,946
Health
Care
Equipment
&
Supplies
—
1.0%
DENTSPLY
SIRONA,
Inc.
1,381
34,926
Enovis
Corp.*
332
15,472
Envista
Holdings
Corp.*
1,142
20,853
Investments
Shares
Value
Common
Stocks
(continued)
Globus
Medical,
Inc.,
Class
a
A*
750
$
54,525
Haemonetics
Corp.*
338
25,546
Lantheus
Holdings,
Inc.*
462
49,189
LivaNova
plc*
360
18,140
Masimo
Corp.*
296
34,786
Neogen
Corp.*
1,311
22,615
Penumbra,
Inc.*
259
52,401
328,453
Health
Care
Providers
&
Services
—
1.2%
Acadia
Healthcare
Co.,
Inc.*
617
50,551
Amedisys,
Inc.*
217
21,268
Chemed
Corp.
100
58,617
Encompass
Health
Corp.
670
62,343
HealthEquity,
Inc.*
578
45,986
Option
Care
Health,
Inc.*
1,156
37,015
Progyny,
Inc.*
551
12,943
R1
RCM,
Inc.*
1,317
18,583
Tenet
Healthcare
Corp.*
649
107,630
414,936
Health
Care
REITs
—
0.4%
Healthcare
Realty
Trust,
Inc.,
Class
a
A,
REIT
2,517
44,803
Omega
Healthcare
Investors,
Inc.,
REIT
1,642
64,925
Sabra
Health
Care
REIT,
Inc.,
REIT
1,539
26,224
135,952
Health
Care
Technology
—
0.1%
Doximity,
Inc.,
Class
a
A*
813
29,902
Hotel
&
Resort
REITs
—
0.1%
Park
Hotels
&
Resorts,
Inc.,
REIT
1,400
21,392
Hotels,
Restaurants
&
Leisure
—
1.9%
Aramark
1,750
64,103
Boyd
Gaming
Corp.
448
26,889
Choice
Hotels
International,
Inc.(a)
158
20,159
Churchill
Downs,
Inc.
444
61,703
Hilton
Grand
Vacations,
Inc.*
454
17,515
Hyatt
Hotels
Corp.,
Class
a
A
300
45,576
Light
&
Wonder,
Inc.*
600
65,892
Marriott
Vacations
Worldwide
Corp.
218
16,132
Planet
Fitness,
Inc.,
Class
a
A*
582
47,264
Texas
Roadhouse,
Inc.,
Class
a
A
443
74,756
Travel
+
Leisure
Co.
474
20,979
Vail
Resorts,
Inc.
254
46,152
Wendy's
Co.
(The)
1,105
18,697
Wingstop,
Inc.
196
75,678
Wyndham
Hotels
&
Resorts,
Inc.
536
42,183
643,678
Household
Durables
—
1.1%
Helen
of
Troy
Ltd.*
158
8,434
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
112
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
KB
Home
489
$
40,934
Taylor
Morrison
Home
Corp.,
Class
a
A*
704
47,401
Tempur
Sealy
International,
Inc.
1,154
60,504
Toll
Brothers,
Inc.
693
99,841
TopBuild
Corp.*
210
82,534
Whirlpool
Corp.
363
36,405
376,053
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
Ormat
Technologies,
Inc.
357
26,607
Industrial
REITs
—
0.7%
EastGroup
Properties,
Inc.,
REIT
320
59,648
First
Industrial
Realty
Trust,
Inc.,
REIT
881
49,979
Rexford
Industrial
Realty,
Inc.,
REIT
1,447
73,681
STAG
Industrial,
Inc.,
REIT
1,211
49,143
232,451
Insurance
—
2.8%
American
Financial
Group,
Inc.
435
58,125
Brighthouse
Financial,
Inc.*
413
18,957
CNO
Financial
Group,
Inc.
720
25,142
Erie
Indemnity
Co.,
Class
a
A
166
84,366
Fidelity
National
Financial,
Inc.
1,727
101,824
First
American
Financial
Corp.
690
44,022
Hanover
Insurance
Group,
Inc.
(The)
238
34,984
Kemper
Corp.
403
25,192
Kinsale
Capital
Group,
Inc.
147
72,190
Old
Republic
International
Corp.
1,682
60,333
Primerica,
Inc.
228
60,016
Reinsurance
Group
of
America,
Inc.
438
96,693
RenaissanceRe
Holdings
Ltd.
351
89,431
RLI
Corp.
268
41,299
Ryan
Specialty
Holdings,
Inc.,
Class
a
A
681
44,013
Selective
Insurance
Group,
Inc.
405
36,847
Unum
Group
1,184
65,700
959,134
Interactive
Media
&
Services
—
0.1%
Ziff
Davis,
Inc.*
306
14,954
ZoomInfo
Technologies,
Inc.,
Class
a
A*
1,889
18,682
33,636
IT
Services
—
0.2%
ASGN,
Inc.*
305
29,329
Kyndryl
Holdings,
Inc.*
1,530
36,245
65,574
Leisure
Products
—
0.4%
Brunswick
Corp.
448
35,414
Mattel,
Inc.*
2,289
43,445
Investments
Shares
Value
Common
Stocks
(continued)
Polaris,
Inc.
353
$
29,882
YETI
Holdings,
Inc.*
566
22,821
131,562
Life
Sciences
Tools
&
Services
—
1.3%
Avantor,
Inc.*
4,489
115,996
Azenta,
Inc.*
358
17,728
Bruker
Corp.
648
43,539
Illumina,
Inc.*
1,059
139,244
Medpace
Holdings,
Inc.*
156
55,422
Repligen
Corp.*
346
52,222
Sotera
Health
Co.*
828
12,784
436,935
Machinery
—
2.4%
AGCO
Corp.
413
37,599
Chart
Industries,
Inc.*
279
34,150
Crane
Co.
327
51,790
Donaldson
Co.,
Inc.
800
58,184
Esab
Corp.
377
39,574
Flowserve
Corp.
875
43,645
Graco,
Inc.
1,125
93,769
ITT,
Inc.
548
76,293
Lincoln
Electric
Holdings,
Inc.
378
73,185
Middleby
Corp.
(The)*
357
50,201
Oshkosh
Corp.
434
46,833
RBC
Bearings,
Inc.*
193
57,485
Terex
Corp.
447
25,376
Timken
Co.
(The)
431
36,432
Toro
Co.
(The)
694
64,264
Watts
Water
Technologies,
Inc.,
Class
a
A
183
35,996
824,776
Marine
Transportation
—
0.1%
Kirby
Corp.*
388
46,529
Media
—
0.3%
New
York
Times
Co.
(The),
Class
a
A
1,089
59,819
Nexstar
Media
Group,
Inc.,
Class
a
A
208
35,543
TEGNA,
Inc.
1,127
15,643
111,005
Metals
&
Mining
—
1.1%
Alcoa
Corp.
1,640
52,644
Cleveland-Cliffs,
Inc.*
3,161
41,283
Commercial
Metals
Co.
770
41,264
MP
Materials
Corp.*(a)
890
11,481
Reliance,
Inc.
382
109,501
Royal
Gold,
Inc.
437
61,254
United
States
Steel
Corp.
1,488
56,410
373,837
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.3%
Annaly
Capital
Management,
Inc.
3,328
67,087
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
113
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Starwood
Property
Trust,
Inc.
1,995
$
41,576
108,663
Multi-Utilities
—
0.1%
Black
Hills
Corp.
459
27,136
Northwestern
Energy
Group,
Inc.
408
22,191
49,327
Office
REITs
—
0.3%
COPT
Defense
Properties,
REIT
748
22,283
Cousins
Properties,
Inc.,
REIT
1,011
28,823
Kilroy
Realty
Corp.,
REIT
710
25,752
Vornado
Realty
Trust,
REIT
1,064
36,570
113,428
Oil,
Gas
&
Consumable
Fuels
—
2.3%
Antero
Midstream
Corp.
2,271
33,770
Antero
Resources
Corp.*
1,944
52,469
Chesapeake
Energy
Corp.(a)
741
55,197
Chord
Energy
Corp.
413
61,302
Civitas
Resources,
Inc.
613
37,595
CNX
Resources
Corp.*
1,020
28,223
DT
Midstream,
Inc.
645
50,691
HF
Sinclair
Corp.
997
48,993
Matador
Resources
Co.
771
43,731
Murphy
Oil
Corp.
965
35,975
Ovintiv,
Inc.
1,656
70,926
PBF
Energy,
Inc.,
Class
a
A
702
23,910
Permian
Resources
Corp.,
Class
a
A
3,416
48,644
Range
Resources
Corp.
1,614
48,226
Southwestern
Energy
Co.*
7,334
46,791
Texas
Pacific
Land
Corp.
124
107,742
794,185
Paper
&
Forest
Products
—
0.1%
Louisiana-Pacific
Corp.
424
41,149
Personal
Care
Products
—
0.4%
BellRing
Brands,
Inc.*
867
48,491
Coty,
Inc.,
Class
a
A*
2,424
22,737
elf
Beauty,
Inc.*
369
55,273
126,501
Pharmaceuticals
—
0.2%
Jazz
Pharmaceuticals
plc*
419
48,595
Perrigo
Co.
plc
907
26,394
74,989
Professional
Services
—
1.5%
CACI
International,
Inc.,
Class
a
A*
148
72,242
Concentrix
Corp.
311
23,396
ExlService
Holdings,
Inc.*
1,079
39,427
Exponent,
Inc.
337
36,487
FTI
Consulting,
Inc.*
233
53,196
Genpact
Ltd.
1,102
43,231
Insperity,
Inc.
238
22,370
Investments
Shares
Value
Common
Stocks
(continued)
KBR,
Inc.
894
$
62,008
ManpowerGroup,
Inc.
318
23,507
Maximus,
Inc.
405
37,365
Paylocity
Holding
Corp.*
289
46,645
Science
Applications
International
Corp.
341
44,531
504,405
Real
Estate
Management
&
Development
—
0.2%
Jones
Lang
LaSalle,
Inc.*
317
80,908
Residential
REITs
—
0.6%
American
Homes
4
Rent,
Class
a
A,
REIT
2,141
85,148
Equity
LifeStyle
Properties,
Inc.,
REIT
1,241
90,233
Independence
Realty
Trust,
Inc.,
REIT
1,493
31,024
206,405
Retail
REITs
—
0.6%
Agree
Realty
Corp.,
REIT
669
48,843
Brixmor
Property
Group,
Inc.,
REIT
2,005
54,917
Kite
Realty
Group
Trust,
REIT
1,461
38,103
NNN
REIT,
Inc.,
REIT
1,219
57,281
199,144
Semiconductors
&
Semiconductor
Equipment
—
1.3%
Allegro
MicroSystems,
Inc.*
638
15,650
Amkor
Technology,
Inc.
688
22,635
Cirrus
Logic,
Inc.*
358
52,157
Lattice
Semiconductor
Corp.*
915
43,334
MACOM
Technology
Solutions
Holdings,
Inc.*
364
39,760
MKS
Instruments,
Inc.
420
50,077
Onto
Innovation,
Inc.*
328
69,936
Power
Integrations,
Inc.
377
25,297
Rambus,
Inc.*
716
32,019
Silicon
Laboratories,
Inc.*
213
25,213
Synaptics,
Inc.*
263
21,413
Universal
Display
Corp.
290
56,179
Wolfspeed,
Inc.*(a)
837
8,161
461,831
Software
—
1.4%
Altair
Engineering,
Inc.,
Class
a
A*
378
34,156
Appfolio,
Inc.,
Class
a
A*
140
32,479
Aspen
Technology,
Inc.*
186
43,550
Blackbaud,
Inc.*
269
22,489
CommVault
Systems,
Inc.*
289
44,911
Dolby
Laboratories,
Inc.,
Class
a
A
398
28,401
Dropbox,
Inc.,
Class
a
A*
1,607
40,400
Dynatrace,
Inc.*
1,600
80,992
Manhattan
Associates,
Inc.*
410
108,416
Qualys,
Inc.*
247
30,917
Teradata
Corp.*
643
18,158
484,869
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
114
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Specialized
REITs
—
1.0%
CubeSmart,
REIT
1,496
$
77,538
EPR
Properties,
REIT
503
23,877
Gaming
and
Leisure
Properties,
Inc.,
REIT
1,806
93,948
Lamar
Advertising
Co.,
Class
a
A,
REIT
583
73,330
National
Storage
Affiliates
Trust,
REIT
464
21,687
PotlatchDeltic
Corp.,
REIT
530
23,034
Rayonier,
Inc.,
REIT
911
28,068
341,482
Specialty
Retail
—
2.3%
Abercrombie
&
Fitch
Co.,
Class
a
A*
340
50,174
AutoNation,
Inc.*
163
29,011
Burlington
Stores,
Inc.*
425
114,002
Dick's
Sporting
Goods,
Inc.
388
91,941
Five
Below,
Inc.*
366
27,607
Floor
&
Decor
Holdings,
Inc.,
Class
a
A*
711
79,945
GameStop
Corp.,
Class
a
A*
1,793
41,992
Gap,
Inc.
(The)
1,442
32,344
Lithia
Motors,
Inc.,
Class
a
A
183
55,098
Murphy
USA,
Inc.
126
65,473
Penske
Automotive
Group,
Inc.
129
21,943
RH*
102
25,877
Valvoline,
Inc.*
857
36,165
Williams-Sonoma,
Inc.
854
114,718
786,290
Technology
Hardware,
Storage
&
Peripherals
—
0.3%
Pure
Storage,
Inc.,
Class
a
A*
2,032
104,221
Textiles,
Apparel
&
Luxury
Goods
—
0.7%
Capri
Holdings
Ltd.*
775
27,683
Carter's,
Inc.
242
15,948
Columbia
Sportswear
Co.
223
18,003
Crocs,
Inc.*
404
59,053
PVH
Corp.
376
37,107
Skechers
USA,
Inc.,
Class
a
A*
881
60,331
Under
Armour,
Inc.,
Class
a
A*
1,255
9,651
Under
Armour,
Inc.,
Class
a
C*
1,268
9,459
237,235
Trading
Companies
&
Distributors
—
0.9%
Applied
Industrial
Technologies,
Inc.
258
52,921
Core
&
Main,
Inc.,
Class
a
A*
1,137
54,610
GATX
Corp.
236
33,300
MSC
Industrial
Direct
Co.,
Inc.,
Class
a
A
303
24,919
Watsco,
Inc.
213
101,264
WESCO
International,
Inc.
290
47,960
314,974
Investments
Shares
Value
Common
Stocks
(continued)
Water
Utilities
—
0.2%
Essential
Utilities,
Inc.
1,674
$
65,269
Total
Common
Stocks
(Cost
$16,706,313)
18,800,839
Securities
Lending
Reinvestments
(b)
—
0
.1
%
Investment
Companies
—
0
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(c)
(Cost
$37,427)
37,427
37,427
Principal
Amount
Short-Term
Investments
—
22
.5
%
Repurchase
Agreements
(d)
—
11
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$3,811,027
(Cost
$3,808,791)
$
3,808,791
3,808,791
U.S.
Treasury
Obligations
(e)
—
11
.4
%
U.S.
Treasury
Bills
5.09%,
12/10/2024
(f)                                                                            
(Cost
$3,944,334)
4,000,000
3,946,590
Total
Short-Term
Investments
(Cost
$7,753,125)
7,755,381
Total
Investments
—
77.3%
(Cost
$24,496,865)
26,593,647
Other
assets
less
liabilities
—
22.7%
7,800,379
Net
Assets
—
100.0%
$
34,394,026
*
Non-income
producing
security.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$94,072,
collateralized
in
the
form
of
cash
with
a
value
of
$37,427
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$68,968
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.38%,
and
maturity
dates
ranging
from
October
3,
2024
–
November
15,
2053.
The
total
value
of
collateral
is
$106,395.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$37,427.
(c)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,447,377.
(f)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
115
UMDD
::
Abbreviations
REIT
Real
Estate
Investment
Trust
Futures
Contracts
Purchased
UltraPro
MidCap400
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
S&P
Midcap
400
E-Mini
Index
16
9/20/2024
U.S.
Dollar
$
4,956,960
$
197,207
Swap
Agreements
UltraPro
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
14,149,887
12/8/2025
Bank
of
America
NA
5.98%
S&P
MidCap
400
®
(
52,089
)
8,371,836
12/8/2025
BNP
Paribas
SA
5.88%
S&P
MidCap
400
®
(
466,788
)
22,568,096
3/6/2025
Citibank
NA
5.83%
S&P
MidCap
400
®
1,462,364
8,472,360
11/7/2024
Goldman
Sachs
International
5.98%
S&P
MidCap
400
®
445,850
10,220,565
1/26/2026
Morgan
Stanley
&
Co.
International
plc
6.18%
S&P
MidCap
400
®
105,946
6,513,833
3/6/2026
Societe
Generale
6.05%
S&P
MidCap
400
®
(
133,886
)
9,178,723
1/26/2026
UBS
AG
6.13%
S&P
MidCap
400
®
1,085,200
79,475,300
2,446,597
Total
Unrealized
Appreciation
3,099,360
Total
Unrealized
Depreciation
(
652,763
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
QQQ
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
116
TQQQ
::
Investments
Shares
Value
Common
Stocks
(a)
—
35
.6
%
Automobiles
—
1.0%
Tesla,
Inc.*
1,024,566
$
219,369,826
Beverages
—
0.9%
Coca-Cola
Europacific
Partners
plc
251,819
20,268,911
Keurig
Dr
Pepper,
Inc.
743,265
27,210,932
Monster
Beverage
Corp.*
570,966
26,909,628
PepsiCo,
Inc.
753,549
130,273,551
204,663,022
Biotechnology
—
1.4%
Amgen,
Inc.
294,105
98,181,072
Biogen,
Inc.*
79,719
16,323,263
Gilead
Sciences,
Inc.
682,939
53,952,181
Moderna,
Inc.*
210,048
16,257,715
Regeneron
Pharmaceuticals,
Inc.*
59,548
70,545,920
Vertex
Pharmaceuticals,
Inc.*
141,390
70,113,887
325,374,038
Broadline
Retail
—
2.1%
Amazon.com,
Inc.*
2,208,877
394,284,545
MercadoLibre,
Inc.*
27,875
57,468,772
PDD
Holdings,
Inc.,
ADR*
365,993
35,175,587
486,928,904
Chemicals
—
0.6%
Linde
plc
263,651
126,091,091
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
55,569
44,739,713
Copart,
Inc.*
527,491
27,935,924
72,675,637
Communications
Equipment
—
0.5%
Cisco
Systems,
Inc.
2,208,693
111,627,344
Consumer
Staples
Distribution
&
Retail
—
1.0%
Costco
Wholesale
Corp.
243,196
217,023,246
Dollar
Tree,
Inc.*
119,595
10,104,582
227,127,828
Electric
Utilities
—
0.4%
American
Electric
Power
Co.,
Inc.
288,989
28,979,817
Constellation
Energy
Corp.
172,640
33,958,288
Exelon
Corp.
548,215
20,881,509
Xcel
Energy,
Inc.
304,692
18,656,291
102,475,905
Electronic
Equipment,
Instruments
&
Components
—
0.1%
CDW
Corp.
73,534
16,592,212
Energy
Equipment
&
Services
—
0.1%
Baker
Hughes
Co.,
Class
a
A
547,172
19,244,039
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Entertainment
—
0.9%
Electronic
Arts,
Inc.
145,941
$
22,156,762
Netflix,
Inc.*
236,277
165,712,874
Take-Two
Interactive
Software,
Inc.*
93,773
15,164,032
Warner
Bros
Discovery,
Inc.*
1,343,371
10,532,029
213,565,697
Financial
Services
—
0.2%
PayPal
Holdings,
Inc.*
573,329
41,526,219
Food
Products
—
0.3%
Kraft
Heinz
Co.
(The)
665,547
23,580,330
Mondelez
International,
Inc.,
Class
a
A
735,238
52,797,441
76,377,771
Ground
Transportation
—
0.3%
CSX
Corp.
1,071,636
36,724,966
Old
Dominion
Freight
Line,
Inc.
119,245
22,990,436
59,715,402
Health
Care
Equipment
&
Supplies
—
0.7%
Dexcom,
Inc.*
218,091
15,122,430
GE
HealthCare
Technologies,
Inc.
250,233
21,224,763
IDEXX
Laboratories,
Inc.*
45,242
21,776,332
Intuitive
Surgical,
Inc.*
194,577
95,854,467
153,977,992
Hotels,
Restaurants
&
Leisure
—
1.0%
Airbnb,
Inc.,
Class
a
A*
241,986
28,387,378
Booking
Holdings,
Inc.
18,546
72,500,579
DoorDash,
Inc.,
Class
a
A*
209,208
26,927,162
Marriott
International,
Inc.,
Class
a
A
156,708
36,777,800
Starbucks
Corp.
620,986
58,726,646
223,319,565
Industrial
Conglomerates
—
0.3%
Honeywell
International,
Inc.
357,031
74,230,315
Interactive
Media
&
Services
—
3.4%
Alphabet,
Inc.,
Class
a
A
1,246,590
203,667,874
Alphabet,
Inc.,
Class
a
C
1,192,335
196,866,432
Meta
Platforms,
Inc.,
Class
a
A
739,870
385,701,630
786,235,936
IT
Services
—
0.1%
Cognizant
Technology
Solutions
Corp.,
Class
a
A
272,631
21,202,513
MongoDB,
Inc.,
Class
a
A*
40,222
11,696,155
32,898,668
Life
Sciences
Tools
&
Services
—
0.0%(b)
Illumina,
Inc.*
87,262
11,466,227
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
QQQ
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
117
TQQQ
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Machinery
—
0.1%
PACCAR,
Inc.
287,275
$
27,630,110
Media
—
0.6%
Charter
Communications,
Inc.,
Class
a
A*
79,108
27,493,194
Comcast
Corp.,
Class
a
A
2,145,689
84,904,914
Trade
Desk,
Inc.
(The),
Class
a
A*
243,988
25,504,066
137,902,174
Oil,
Gas
&
Consumable
Fuels
—
0.1%
Diamondback
Energy,
Inc.
97,772
19,076,295
Pharmaceuticals
—
0.1%
AstraZeneca
plc,
ADR
319,161
27,964,887
Professional
Services
—
0.5%
Automatic
Data
Processing,
Inc.
224,384
61,909,790
Paychex,
Inc.
197,440
25,904,128
Verisk
Analytics,
Inc.,
Class
a
A
78,132
21,315,972
109,129,890
Real
Estate
Management
&
Development
—
0.1%
CoStar
Group,
Inc.*
223,937
17,310,330
Semiconductors
&
Semiconductor
Equipment
—
8.5%
Advanced
Micro
Devices,
Inc.*
886,018
131,626,834
Analog
Devices,
Inc.
272,024
63,882,116
Applied
Materials,
Inc.
454,011
89,558,210
ARM
Holdings
plc,
ADR*(c)
64,867
8,619,527
ASML
Holding
NV
(Registered),
ADR
49,902
45,104,921
Broadcom,
Inc.
2,540,706
413,677,751
GLOBALFOUNDRIES,
Inc.*
302,457
14,118,693
Intel
Corp.
2,333,566
51,431,795
KLA
Corp.
73,753
60,435,421
Lam
Research
Corp.
71,631
58,809,767
Marvell
Technology,
Inc.
474,457
36,172,602
Microchip
Technology,
Inc.
294,366
24,185,110
Micron
Technology,
Inc.
607,096
58,426,919
NVIDIA
Corp.
5,220,890
623,217,639
NXP
Semiconductors
NV
140,266
35,958,592
ON
Semiconductor
Corp.*
235,823
18,363,537
QUALCOMM,
Inc.
611,688
107,228,906
Texas
Instruments,
Inc.
499,167
106,991,455
1,947,809,795
Software
—
5.6%
Adobe,
Inc.*
245,682
141,122,198
ANSYS,
Inc.*
47,958
15,414,660
Atlassian
Corp.,
Class
a
A*
87,252
14,448,931
Autodesk,
Inc.*
117,959
30,480,606
Cadence
Design
Systems,
Inc.*
149,156
40,112,523
Crowdstrike
Holdings,
Inc.,
Class
a
A*
126,532
35,084,793
Datadog,
Inc.,
Class
a
A*
169,014
19,649,568
Fortinet,
Inc.*
418,798
32,125,994
Intuit,
Inc.
153,183
96,545,117
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Microsoft
Corp.
1,577,448
$
658,016,659
Palo
Alto
Networks,
Inc.*
177,422
64,354,508
Roper
Technologies,
Inc.
58,617
32,497,851
Synopsys,
Inc.*
83,943
43,615,104
Workday,
Inc.,
Class
a
A*
116,261
30,598,733
Zscaler,
Inc.*
81,986
16,395,560
1,270,462,805
Specialty
Retail
—
0.3%
O'Reilly
Automotive,
Inc.*
32,259
36,451,702
Ross
Stores,
Inc.
183,789
27,680,462
64,132,164
Technology
Hardware,
Storage
&
Peripherals
—
3.3%
Apple,
Inc.
3,254,479
745,275,691
Super
Micro
Computer,
Inc.*
31,493
13,784,486
759,060,177
Textiles,
Apparel
&
Luxury
Goods
—
0.1%
Lululemon
Athletica,
Inc.*
66,206
17,178,471
Trading
Companies
&
Distributors
—
0.1%
Fastenal
Co.
313,818
21,427,493
Wireless
Telecommunication
Services
—
0.6%
T-Mobile
US,
Inc.
642,306
127,639,048
Total
Common
Stocks
(Cost
$8,273,110,144)
8,132,207,277
Securities
Lending
Reinvestments
(d)
—
0
.0
%
(b)
Investment
Companies
—
0
.0
%
(b)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(e)
(Cost
$188,650)
188,650
188,650
Principal
Amount
Short-Term
Investments
—
35
.8
%
Repurchase
Agreements
(f)
—
2
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$455,692,856
(Cost
$455,425,384)
$
455,425,384
455,425,384
U.S.
Treasury
Obligations
(a)
—
33
.8
%
U.S.
Treasury
Bills
5.27%,
9/5/2024
(g)
925,000,000
924,732,009
5.31%,
9/12/2024
(g)
200,000,000
199,739,250
5.21%,
9/19/2024
(g)
500,000,000
498,838,890
5.25%,
10/1/2024
(g)
500,000,000
497,988,960
5.27%,
10/3/2024
(g)
400,000,000
398,286,668
5.30%,
10/8/2024
(g)
800,000,000
796,017,776
5.28%,
10/10/2024
(g)
300,000,000
298,418,250
5.29%,
10/15/2024
(g)
400,000,000
397,617,668
5.15%,
10/17/2024
(g)
200,000,000
198,755,778
5.29%,
10/24/2024
(g)
400,000,000
397,106,224
5.28%,
11/5/2024
(g)
250,000,000
247,803,750
ULTRAPRO
QQQ
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
118
TQQQ
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
(continued)
U.S.
Treasury
Bills
(continued)
5.29%,
11/7/2024
(g)
$
200,000,000
$
198,188,576
5.23%,
11/12/2024
(g)
750,000,000
742,730,205
5.19%,
11/14/2024
(g)
100,000,000
99,002,000
5.28%,
11/21/2024
(g)
500,000,000
494,530,345
5.09%,
11/26/2024
(g)
280,000,000
276,758,241
5.08%,
12/3/2024
(g)
125,000,000
123,445,416
5.01%,
12/5/2024
(g)
250,000,000
246,841,875
5.25%,
12/26/2024
(g)
700,000,000
689,256,925
Total
U.S.
Treasury
Obligations
(Cost
$7,722,423,343)
7,726,058,806
Total
Short-Term
Investments
(Cost
$8,177,848,727)
8,181,484,190
Total
Investments
—
71.4%
(Cost
$16,451,147,521)
16,313,880,117
Other
assets
less
liabilities
—
28.6%
6,522,851,269
Net
Assets
—
100.0%
$
22,836,731,386
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,737,303,370.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$186,032,
collateralized
in
the
form
of
cash
with
a
value
of
$188,650
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$188,650.
(e)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(f)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(g)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
ADR
American
Depositary
Receipt
Futures
Contracts
Purchased
UltraPro
QQQ
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Nasdaq
100
E-Mini
Index
5,340
9/20/2024
U.S.
Dollar
$
2,095,736,400
$
59,084,788
Swap
Agreements
UltraPro
QQQ
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
5,213,627,065
5/6/2025
Bank
of
America
NA
6.13%
Nasdaq-100
Index
®
1,434,088,738
7,110,233,510
5/6/2025
Barclays
Capital
6.13%
Nasdaq-100
Index
®
327,714,355
8,008,161,396
11/6/2025
BNP
Paribas
SA
6.08%
Nasdaq-100
Index
®
439,520,629
7,580,475,086
2/11/2025
Citibank
NA
6.28%
Nasdaq-100
Index
®
425,621,830
8,802,872,205
3/13/2025
Goldman
Sachs
International
6.23%
Nasdaq-100
Index
®
1,148,825,006
4,868,271,692
1/26/2026
J.P.
Morgan
Securities
5.93%
Nasdaq-100
Index
®
279,288,017
4,527,888,277
11/6/2025
Morgan
Stanley
&
Co.
International
plc
6.18%
Nasdaq-100
Index
®
429,541,462
2,486,918,863
4/7/2026
Nomura
Global
Financial
6.23%
Nasdaq-100
Index
®
(
14,749,185
)
4,634,961,558
12/11/2025
Societe
Generale
6.43%
Nasdaq-100
Index
®
482,654,632
5,049,846,052
4/7/2025
UBS
AG
6.53%
Nasdaq-100
Index
®
1,456,195,292
58,283,255,704
6,408,700,776
Total
Unrealized
Appreciation
6,423,449,961
Total
Unrealized
Depreciation
(
14,749,185
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
119
URTY
::
Investments
Shares
Value
Common
Stocks
—
56.5%
Aerospace
&
Defense
—
0.6%
AAR
Corp.*
3,689
$
242,662
AeroVironment,
Inc.*
2,801
570,732
AerSale
Corp.*
3,594
18,293
Archer
Aviation,
Inc.,
Class
a
A*(a)
24,996
84,986
Astronics
Corp.*
3,068
68,785
Byrna
Technologies,
Inc.*
1,851
21,453
Cadre
Holdings,
Inc.
2,785
100,956
Ducommun,
Inc.*
1,453
94,561
Eve
Holding,
Inc.*(a)
1,905
5,353
Intuitive
Machines,
Inc.*(a)
3,047
15,144
Kratos
Defense
&
Security
Solutions,
Inc.*
15,844
363,461
Leonardo
DRS,
Inc.*
7,884
225,009
Mercury
Systems,
Inc.*
5,868
222,397
Moog,
Inc.,
Class
a
A
3,040
600,096
National
Presto
Industries,
Inc.
557
43,608
Park
Aerospace
Corp.
1,990
26,885
Redwire
Corp.*
2,405
16,234
Rocket
Lab
USA,
Inc.*(a)
37,250
233,558
Terran
Orbital
Corp.*(a)
16,506
4,044
Triumph
Group,
Inc.*
6,910
96,256
V2X,
Inc.*
1,316
74,551
Virgin
Galactic
Holdings,
Inc.*(a)
2,017
13,494
VirTra,
Inc.*
1,134
7,621
3,150,139
Air
Freight
&
Logistics
—
0.1%
Air
Transport
Services
Group,
Inc.*
5,490
92,561
Forward
Air
Corp.(a)
2,679
85,112
Hub
Group,
Inc.,
Class
a
A
6,536
308,042
Radiant
Logistics,
Inc.*
3,802
24,219
509,934
Automobile
Components
—
0.7%
Adient
plc*
9,736
220,228
American
Axle
&
Manufacturing
Holdings,
Inc.*
12,308
79,140
Cooper-Standard
Holdings,
Inc.*
1,806
27,903
Dana,
Inc.
13,983
157,868
Dorman
Products,
Inc.*
2,809
318,597
Fox
Factory
Holding
Corp.*
4,525
183,172
Gentherm,
Inc.*
3,364
170,017
Goodyear
Tire
&
Rubber
Co.
(The)*
30,508
269,081
Holley,
Inc.*
4,986
16,105
LCI
Industries
2,655
312,865
Luminar
Technologies,
Inc.,
Class
a
A*(a)
35,901
36,619
Modine
Manufacturing
Co.*
5,529
672,050
Patrick
Industries,
Inc.
2,314
299,015
Phinia,
Inc.
4,863
233,229
Solid
Power,
Inc.*
16,697
23,877
Standard
Motor
Products,
Inc.
2,318
74,895
Stoneridge,
Inc.*
2,919
41,858
Visteon
Corp.*
2,919
295,490
Investments
Shares
Value
Common
Stocks
(continued)
XPEL,
Inc.*(b)
2,703
$
117,013
3,549,022
Automobiles
—
0.0%(c)
Canoo,
Inc.*(a)
6,361
9,669
Livewire
Group,
Inc.*(a)
1,947
12,811
Winnebago
Industries,
Inc.
3,062
182,679
205,159
Banks
—
5.7%
1st
Source
Corp.
1,965
120,739
ACNB
Corp.
887
37,272
Amalgamated
Financial
Corp.
1,914
63,143
Amerant
Bancorp,
Inc.,
Class
a
A
3,174
70,018
Ameris
Bancorp
7,048
434,368
Ames
National
Corp.
937
17,784
Arrow
Financial
Corp.
1,760
53,662
Associated
Banc-Corp.
16,033
366,835
Atlantic
Union
Bankshares
Corp.
9,574
379,896
Axos
Financial,
Inc.*
5,852
406,304
Banc
of
California,
Inc.
14,878
211,565
BancFirst
Corp.
2,133
226,951
Bancorp,
Inc.
(The)*
5,356
280,654
Bank
First
Corp.
1,045
98,272
Bank
of
Hawaii
Corp.
4,188
277,958
Bank
of
Marin
Bancorp
1,715
36,684
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
4,979
190,447
Bank7
Corp.
427
17,136
BankUnited,
Inc.
7,985
306,864
Bankwell
Financial
Group,
Inc.
691
21,062
Banner
Corp.
3,672
218,741
Bar
Harbor
Bankshares
1,599
51,264
BayCom
Corp.
1,139
26,231
BCB
Bancorp,
Inc.
1,598
19,831
Berkshire
Hills
Bancorp,
Inc.
4,649
128,033
Blue
Foundry
Bancorp*
2,220
24,575
Bridgewater
Bancshares,
Inc.*
2,158
31,118
Brookline
Bancorp,
Inc.
9,444
96,612
Burke
&
Herbert
Financial
Services
Corp.
1,389
92,007
Business
First
Bancshares,
Inc.
2,581
63,028
Byline
Bancorp,
Inc.
3,332
92,463
Cadence
Bank
19,506
629,654
California
BanCorp*
2,606
39,025
Camden
National
Corp.
1,555
62,169
Capital
Bancorp,
Inc.
984
25,171
Capital
City
Bank
Group,
Inc.
1,473
50,848
Capitol
Federal
Financial,
Inc.
13,281
79,819
Carter
Bankshares,
Inc.*
2,443
42,264
Cathay
General
Bancorp
7,456
327,989
Central
Pacific
Financial
Corp.
2,858
78,624
Chemung
Financial
Corp.
350
16,338
ChoiceOne
Financial
Services,
Inc.
753
23,456
Citizens
&
Northern
Corp.
1,591
32,043
Citizens
Financial
Services,
Inc.
485
27,597
City
Holding
Co.
1,570
186,422
Civista
Bancshares,
Inc.
1,643
27,882
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
120
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
CNB
Financial
Corp.
2,208
$
53,676
Coastal
Financial
Corp.*
1,202
64,511
Colony
Bankcorp,
Inc.
1,775
26,643
Columbia
Financial,
Inc.*
2,924
51,930
Community
Financial
System,
Inc.
5,605
342,802
Community
Trust
Bancorp,
Inc.
1,646
83,123
Community
West
Bancshares
1,811
36,944
ConnectOne
Bancorp,
Inc.
3,880
97,000
CrossFirst
Bankshares,
Inc.*
4,861
84,581
Customers
Bancorp,
Inc.*
3,171
164,321
CVB
Financial
Corp.
14,186
261,306
Dime
Community
Bancshares,
Inc.
3,794
98,682
Eagle
Bancorp,
Inc.
3,161
68,815
Eastern
Bankshares,
Inc.
20,660
350,600
Enterprise
Bancorp,
Inc.
1,046
32,416
Enterprise
Financial
Services
Corp.
3,967
209,894
Equity
Bancshares,
Inc.,
Class
a
A
1,556
63,469
Esquire
Financial
Holdings,
Inc.
755
46,455
ESSA
Bancorp,
Inc.
900
16,596
Farmers
&
Merchants
Bancorp,
Inc.
1,362
37,441
Farmers
National
Banc
Corp.
3,897
60,598
FB
Financial
Corp.
3,802
183,332
Fidelity
D&D
Bancorp,
Inc.
508
27,422
Financial
Institutions,
Inc.
1,625
42,283
First
Bancorp
4,288
182,154
First
Bancorp
17,624
376,801
First
Bancorp,
Inc.
(The)
1,145
31,934
First
Bancshares,
Inc.
(The)
3,290
112,715
First
Bank
2,256
34,720
First
Busey
Corp.
5,708
154,401
First
Business
Financial
Services,
Inc.
840
38,111
First
Commonwealth
Financial
Corp.
10,831
186,510
First
Community
Bankshares,
Inc.
1,834
80,916
First
Financial
Bancorp
10,109
267,585
First
Financial
Bankshares,
Inc.
13,934
509,566
First
Financial
Corp.
1,227
54,847
First
Financial
Northwest,
Inc.
750
17,025
First
Foundation,
Inc.
5,605
39,459
First
Internet
Bancorp
869
31,536
First
Interstate
BancSystem,
Inc.,
Class
a
A
8,391
260,541
First
Merchants
Corp.
6,244
243,516
First
Mid
Bancshares,
Inc.
2,450
98,686
First
of
Long
Island
Corp.
(The)
2,290
29,243
First
Western
Financial,
Inc.*
854
16,431
Five
Star
Bancorp
1,743
50,808
Flushing
Financial
Corp.
2,949
43,055
FS
Bancorp,
Inc.
710
31,119
Fulton
Financial
Corp.
19,129
370,146
FVCBankcorp,
Inc.*
1,759
21,688
German
American
Bancorp,
Inc.
3,050
122,336
Glacier
Bancorp,
Inc.
12,199
577,013
Great
Southern
Bancorp,
Inc.
927
55,212
Investments
Shares
Value
Common
Stocks
(continued)
Greene
County
Bancorp,
Inc.
749
$
25,533
Guaranty
Bancshares,
Inc.
852
29,641
Hancock
Whitney
Corp.
9,294
499,367
Hanmi
Financial
Corp.
3,218
63,749
HarborOne
Bancorp,
Inc.
4,254
56,153
HBT
Financial,
Inc.
1,371
30,738
Heartland
Financial
USA,
Inc.
4,538
253,039
Heritage
Commerce
Corp.
6,378
64,928
Heritage
Financial
Corp.
3,667
83,754
Hilltop
Holdings,
Inc.
4,989
163,889
Hingham
Institution
For
Savings
(The)(a)
167
42,914
Home
Bancorp,
Inc.
763
34,076
Home
BancShares,
Inc.
20,179
561,783
HomeStreet,
Inc.
1,959
31,344
HomeTrust
Bancshares,
Inc.
1,579
57,570
Hope
Bancorp,
Inc.
12,412
158,749
Horizon
Bancorp,
Inc.
4,639
74,317
Independent
Bank
Corp.
2,134
72,300
Independent
Bank
Corp.
4,543
287,617
Independent
Bank
Group,
Inc.
3,880
225,894
International
Bancshares
Corp.
5,790
365,812
Investar
Holding
Corp.
990
18,434
John
Marshall
Bancorp,
Inc.
1,342
26,827
Kearny
Financial
Corp.
5,862
39,920
Lakeland
Financial
Corp.
2,664
181,552
LCNB
Corp.
1,327
21,232
LINKBANCORP,
Inc.
2,369
14,901
Live
Oak
Bancshares,
Inc.
3,713
159,622
Mercantile
Bank
Corp.
1,686
77,522
Metrocity
Bankshares,
Inc.
1,978
60,626
Metropolitan
Bank
Holding
Corp.*
1,134
58,639
Mid
Penn
Bancorp,
Inc.
1,600
48,336
Middlefield
Banc
Corp.
779
21,789
Midland
States
Bancorp,
Inc.
2,249
51,210
MidWestOne
Financial
Group,
Inc.
1,558
45,525
MVB
Financial
Corp.
1,229
25,809
National
Bank
Holdings
Corp.,
Class
a
A
3,953
173,181
National
Bankshares,
Inc.
614
18,543
NB
Bancorp,
Inc.*
4,169
78,711
NBT
Bancorp,
Inc.
4,928
241,275
New
York
Community
Bancorp,
Inc.
27,154
294,349
Nicolet
Bankshares,
Inc.
1,423
139,881
Northeast
Bank
713
50,630
Northeast
Community
Bancorp,
Inc.
1,317
30,080
Northfield
Bancorp,
Inc.
4,200
50,904
Northrim
Bancorp,
Inc.
570
39,313
Northwest
Bancshares,
Inc.
13,644
188,969
Norwood
Financial
Corp.(a)
801
21,819
Oak
Valley
Bancorp
728
19,416
OceanFirst
Financial
Corp.
6,156
110,008
OFG
Bancorp
4,977
228,892
Old
National
Bancorp
33,691
668,766
Old
Second
Bancorp,
Inc.
4,665
79,445
Orange
County
Bancorp,
Inc.
548
31,483
Origin
Bancorp,
Inc.
3,143
105,196
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
121
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Orrstown
Financial
Services,
Inc.
1,964
$
70,311
Pacific
Premier
Bancorp,
Inc.
10,261
263,708
Park
National
Corp.
1,546
271,771
Parke
Bancorp,
Inc.
1,126
23,083
Pathward
Financial,
Inc.
2,735
188,223
PCB
Bancorp
1,168
22,496
Peapack-Gladstone
Financial
Corp.
1,793
51,208
Peoples
Bancorp
of
North
Carolina,
Inc.
488
14,206
Peoples
Bancorp,
Inc.
3,703
118,496
Peoples
Financial
Services
Corp.
985
46,896
Pioneer
Bancorp,
Inc.*
1,249
13,739
Plumas
Bancorp
588
23,985
Ponce
Financial
Group,
Inc.*
2,069
23,462
Preferred
Bank
1,328
110,025
Premier
Financial
Corp.
3,783
94,802
Primis
Financial
Corp.
2,164
26,293
Princeton
Bancorp,
Inc.
542
20,184
Provident
Bancorp,
Inc.*
1,678
18,508
Provident
Financial
Services,
Inc.
13,479
257,045
QCR
Holdings,
Inc.
1,755
135,363
RBB
Bancorp
1,822
41,833
Red
River
Bancshares,
Inc.
505
26,821
Renasant
Corp.
5,927
207,445
Republic
Bancorp,
Inc.,
Class
a
A
887
56,679
S&T
Bancorp,
Inc.
4,083
175,447
Sandy
Spring
Bancorp,
Inc.
4,706
147,298
Seacoast
Banking
Corp.
of
Florida
9,046
247,499
ServisFirst
Bancshares,
Inc.
5,431
440,237
Shore
Bancshares,
Inc.
3,282
46,604
Sierra
Bancorp
1,413
42,574
Simmons
First
National
Corp.,
Class
a
A
13,288
284,629
SmartFinancial,
Inc.
1,700
49,691
South
Plains
Financial,
Inc.
1,259
43,952
Southern
First
Bancshares,
Inc.*
823
26,731
Southern
Missouri
Bancorp,
Inc.
1,019
58,929
Southern
States
Bancshares,
Inc.
893
27,879
Southside
Bancshares,
Inc.
3,076
105,291
SouthState
Corp.
8,143
790,604
Stellar
Bancorp,
Inc.
5,261
143,467
Sterling
Bancorp,
Inc.*
2,279
13,195
Stock
Yards
Bancorp,
Inc.
2,743
166,226
Texas
Capital
Bancshares,
Inc.*
4,963
333,613
Third
Coast
Bancshares,
Inc.*
1,213
31,065
Timberland
Bancorp,
Inc.
806
25,171
Tompkins
Financial
Corp.
1,361
83,484
Towne
Bank
7,527
260,811
TriCo
Bancshares
3,427
155,791
Triumph
Financial,
Inc.*
2,364
198,529
TrustCo
Bank
Corp.
1,989
69,297
Trustmark
Corp.
6,514
216,981
UMB
Financial
Corp.
4,802
497,439
Investments
Shares
Value
Common
Stocks
(continued)
United
Bankshares,
Inc.
14,156
$
550,244
United
Community
Banks,
Inc.
12,804
390,138
Unity
Bancorp,
Inc.
772
26,194
Univest
Financial
Corp.
3,099
88,198
USCB
Financial
Holdings,
Inc.
1,122
16,751
Valley
National
Bancorp
46,210
401,103
Veritex
Holdings,
Inc.
5,620
141,568
Virginia
National
Bankshares
Corp.
498
19,781
WaFd,
Inc.
7,150
262,191
Washington
Trust
Bancorp,
Inc.
1,811
59,401
WesBanco,
Inc.
6,163
198,510
West
Bancorp,
Inc.
1,727
34,454
Westamerica
Bancorp
2,752
142,526
WSFS
Financial
Corp.
6,418
351,321
28,751,100
Beverages
—
0.2%
Duckhorn
Portfolio,
Inc.
(The)*
5,690
36,018
MGP
Ingredients,
Inc.
1,517
135,908
National
Beverage
Corp.
2,517
113,668
Primo
Water
Corp.
16,906
373,622
Vita
Coco
Co.,
Inc.
(The)*
4,200
109,704
768,920
Biotechnology
—
5.1%
2seventy
bio,
Inc.*(a)
5,234
25,490
4D
Molecular
Therapeutics,
Inc.*
5,335
80,078
89bio,
Inc.*
8,675
82,412
Absci
Corp.*
8,553
37,633
ACADIA
Pharmaceuticals,
Inc.*
12,811
212,406
ACELYRIN,
Inc.*
7,815
37,356
Achieve
Life
Sciences,
Inc.*
3,686
16,182
Acrivon
Therapeutics,
Inc.*
1,264
11,995
Actinium
Pharmaceuticals,
Inc.*
3,217
6,402
Acumen
Pharmaceuticals,
Inc.*
4,492
12,308
ADC
Therapeutics
SA*(a)
7,495
21,735
ADMA
Biologics,
Inc.*
24,115
417,431
Adverum
Biotechnologies,
Inc.*
2,229
15,469
Aerovate
Therapeutics,
Inc.*
1,445
2,789
Agenus,
Inc.*(a)
2,173
11,191
Agios
Pharmaceuticals,
Inc.*
6,049
277,710
Akebia
Therapeutics,
Inc.*(a)
22,276
34,528
Akero
Therapeutics,
Inc.*
7,258
197,418
Aldeyra
Therapeutics,
Inc.*
5,333
30,691
Alector,
Inc.*
8,641
45,624
Alkermes
plc*
18,030
512,953
Allogene
Therapeutics,
Inc.*
11,263
29,622
Altimmune,
Inc.*(a)
7,602
50,933
ALX
Oncology
Holdings,
Inc.*
3,536
8,203
Amicus
Therapeutics,
Inc.*
31,415
364,728
AnaptysBio,
Inc.*
2,095
79,799
Anavex
Life
Sciences
Corp.*(a)
7,792
46,908
Anika
Therapeutics,
Inc.*
1,568
40,298
Annexon,
Inc.*
9,018
51,403
Apogee
Therapeutics,
Inc.*
3,872
198,130
Applied
Therapeutics,
Inc.*
10,296
65,277
Arbutus
Biopharma
Corp.*
14,934
57,795
Arcellx,
Inc.*
4,618
317,441
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
122
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Arcturus
Therapeutics
Holdings,
Inc.*
2,451
$
51,716
Arcus
Biosciences,
Inc.*
5,824
99,707
Arcutis
Biotherapeutics,
Inc.*
11,377
123,782
Ardelyx,
Inc.*
24,881
153,765
ArriVent
Biopharma,
Inc.*
1,048
28,013
Arrowhead
Pharmaceuticals,
Inc.*
12,782
304,595
ARS
Pharmaceuticals,
Inc.*(a)
5,270
68,405
Astria
Therapeutics,
Inc.*
4,822
58,973
Atossa
Therapeutics,
Inc.*(a)
13,545
18,557
Aura
Biosciences,
Inc.*
4,964
39,464
Aurinia
Pharmaceuticals,
Inc.*
15,370
104,670
Avid
Bioservices,
Inc.*
6,657
70,165
Avidity
Biosciences,
Inc.*
11,556
508,464
Avita
Medical,
Inc.*
2,736
25,609
Beam
Therapeutics,
Inc.*
8,187
218,429
BioCryst
Pharmaceuticals,
Inc.*
22,125
192,266
Biohaven
Ltd.*
8,039
316,737
Biomea
Fusion,
Inc.*
2,960
21,697
Black
Diamond
Therapeutics,
Inc.*
3,974
24,241
Bluebird
Bio,
Inc.*(a)
20,520
11,522
Blueprint
Medicines
Corp.*
6,729
642,889
Boundless
Bio,
Inc.*
677
2,451
Bridgebio
Pharma,
Inc.*
15,050
419,142
C4
Therapeutics,
Inc.*(a)
6,276
39,664
Cabaletta
Bio,
Inc.*
4,605
25,926
Candel
Therapeutics,
Inc.*
2,124
14,337
Capricor
Therapeutics,
Inc.*(a)
2,717
12,417
Cardiff
Oncology,
Inc.*(a)
4,197
9,695
CareDx,
Inc.*
5,340
164,098
Cargo
Therapeutics,
Inc.*
2,104
39,681
Caribou
Biosciences,
Inc.*
8,810
19,030
Cartesian
Therapeutics,
Inc.*(a)
776
10,833
Catalyst
Pharmaceuticals,
Inc.*
12,460
252,315
Celcuity,
Inc.*
2,502
39,932
Celldex
Therapeutics,
Inc.*
6,918
285,921
Century
Therapeutics,
Inc.*
4,913
8,647
CervoMed,
Inc.*
578
10,762
CG
oncology,
Inc.*
2,492
91,905
Cibus,
Inc.,
Class
a
A*(a)
1,600
10,832
Cogent
Biosciences,
Inc.*
9,825
105,520
Coherus
Biosciences,
Inc.*
11,788
16,385
Compass
Therapeutics,
Inc.*
10,923
17,258
Corbus
Pharmaceuticals
Holdings,
Inc.*
1,088
66,564
Crinetics
Pharmaceuticals,
Inc.*
8,332
442,096
Cullinan
Therapeutics,
Inc.*
4,137
81,085
Cytokinetics,
Inc.*
11,958
682,563
Day
One
Biopharmaceuticals,
Inc.*
5,556
76,895
Denali
Therapeutics,
Inc.*
13,309
325,272
Design
Therapeutics,
Inc.*
3,362
15,969
Dianthus
Therapeutics,
Inc.*(a)
2,561
73,834
Disc
Medicine,
Inc.*
1,761
89,494
Dynavax
Technologies
Corp.*
14,107
158,281
Dyne
Therapeutics,
Inc.*
8,640
398,218
Editas
Medicine,
Inc.*
8,874
33,189
Elevation
Oncology,
Inc.*
5,588
4,347
Investments
Shares
Value
Common
Stocks
(continued)
Eliem
Therapeutics,
Inc.*(a)
782
$
5,466
Enanta
Pharmaceuticals,
Inc.*
2,150
27,692
Entrada
Therapeutics,
Inc.*
2,646
46,834
Erasca,
Inc.*
12,075
34,897
Fate
Therapeutics,
Inc.*
10,718
39,335
Fennec
Pharmaceuticals,
Inc.*
2,512
13,992
Fibrobiologics,
Inc.*(a)
2,725
4,414
Foghorn
Therapeutics,
Inc.*
2,703
22,381
G1
Therapeutics,
Inc.*
5,285
37,576
Galectin
Therapeutics,
Inc.*
2,180
5,875
Generation
Bio
Co.*
5,295
13,979
Geron
Corp.*
61,651
292,842
Greenwich
Lifesciences,
Inc.*(a)
639
8,959
Gyre
Therapeutics,
Inc.*
746
10,272
Halozyme
Therapeutics,
Inc.*
13,356
852,781
Heron
Therapeutics,
Inc.*(a)
12,571
24,262
HilleVax,
Inc.*(a)
3,377
6,315
Humacyte,
Inc.*
9,415
56,961
Ideaya
Biosciences,
Inc.*
8,775
346,612
IGM
Biosciences,
Inc.*(a)
1,625
16,559
ImmunityBio,
Inc.*(a)
15,173
59,933
Immunome,
Inc.*(a)
5,500
83,490
Immunovant,
Inc.*
6,217
192,105
Inhibrx
Biosciences,
Inc.*
1,122
16,336
Inmune
Bio,
Inc.*(a)
1,305
8,639
Inovio
Pharmaceuticals,
Inc.*
2,719
19,631
Inozyme
Pharma,
Inc.*
5,534
30,658
Insmed,
Inc.*
16,629
1,271,633
Intellia
Therapeutics,
Inc.*
10,311
231,379
Invivyd,
Inc.*
8,492
7,220
Iovance
Biotherapeutics,
Inc.*
27,107
316,068
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
15,147
76,644
iTeos
Therapeutics,
Inc.*
2,775
46,759
Janux
Therapeutics,
Inc.*
3,001
140,987
Jasper
Therapeutics,
Inc.
(Registered)*
1,211
26,400
KalVista
Pharmaceuticals,
Inc.*
4,079
54,618
Keros
Therapeutics,
Inc.*
3,153
142,989
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
3,994
106,800
Kodiak
Sciences,
Inc.*
3,496
8,775
Korro
Bio,
Inc.*(a)
654
31,209
Krystal
Biotech,
Inc.*
2,655
518,044
Kura
Oncology,
Inc.*
7,764
163,510
Kymera
Therapeutics,
Inc.*
4,761
230,242
Kyverna
Therapeutics,
Inc.*
1,799
14,446
Larimar
Therapeutics,
Inc.*
4,505
35,635
LENZ
Therapeutics,
Inc.
1,346
31,483
Lexeo
Therapeutics,
Inc.*
1,096
12,615
Lexicon
Pharmaceuticals,
Inc.*(a)
12,291
21,263
Lineage
Cell
Therapeutics,
Inc.*(a)
15,820
13,983
Lyell
Immunopharma,
Inc.*
17,207
24,950
MacroGenics,
Inc.*
6,585
23,113
Madrigal
Pharmaceuticals,
Inc.*
1,878
464,110
MannKind
Corp.*
28,389
177,715
MeiraGTx
Holdings
plc*
4,153
16,903
Mersana
Therapeutics,
Inc.*
12,150
19,197
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
123
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Metagenomi,
Inc.*
677
$
2,011
MiMedx
Group,
Inc.*
12,692
86,813
Mineralys
Therapeutics,
Inc.*
3,056
37,925
Mirum
Pharmaceuticals,
Inc.*
4,198
180,976
Monte
Rosa
Therapeutics,
Inc.*
3,265
20,145
Myriad
Genetics,
Inc.*
9,573
271,203
Neurogene,
Inc.*(a)
1,103
41,274
Nkarta,
Inc.*
5,665
30,081
Novavax,
Inc.*
15,122
187,210
Nurix
Therapeutics,
Inc.*
6,483
163,372
Nuvalent,
Inc.,
Class
a
A*
3,420
291,145
Ocugen,
Inc.*(a)
27,399
35,619
Olema
Pharmaceuticals,
Inc.*
4,275
50,445
Organogenesis
Holdings,
Inc.,
Class
a
A*
7,727
22,254
ORIC
Pharmaceuticals,
Inc.*
6,591
68,349
Outlook
Therapeutics,
Inc.*(a)
840
6,174
Ovid
therapeutics,
Inc.*
6,307
7,127
PepGen,
Inc.*
1,665
16,034
Perspective
Therapeutics,
Inc.*
5,042
79,664
Poseida
Therapeutics,
Inc.,
Class
a
A*
7,351
21,024
Praxis
Precision
Medicines,
Inc.*
1,846
98,115
Precigen,
Inc.*
13,555
14,910
Prelude
Therapeutics,
Inc.*
1,414
7,353
Prime
Medicine,
Inc.*(a)
6,072
25,988
ProKidney
Corp.,
Class
a
A*(a)
6,750
16,200
Protagonist
Therapeutics,
Inc.*
6,257
268,363
Prothena
Corp.
plc*
4,551
101,351
PTC
Therapeutics,
Inc.*
8,153
287,964
Puma
Biotechnology,
Inc.*
4,430
11,075
Pyxis
Oncology,
Inc.*
5,229
19,818
Q32
Bio,
Inc.*
646
28,088
RAPT
Therapeutics,
Inc.*
3,214
6,605
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*(a)
22,133
161,128
REGENXBIO,
Inc.*
4,931
60,257
Regulus
Therapeutics,
Inc.*
6,763
11,362
Relay
Therapeutics,
Inc.*
10,649
72,307
Renovaro,
Inc.*(a)
5,221
3,125
Replimune
Group,
Inc.*
5,386
54,776
REVOLUTION
Medicines,
Inc.*
16,314
695,466
Rhythm
Pharmaceuticals,
Inc.*
5,862
277,214
Rigel
Pharmaceuticals,
Inc.*
1,865
25,066
Rocket
Pharmaceuticals,
Inc.*
7,044
132,779
Sage
Therapeutics,
Inc.*
5,764
48,591
Sana
Biotechnology,
Inc.*
14,153
85,626
Savara,
Inc.*
10,383
44,335
Scholar
Rock
Holding
Corp.*
7,336
68,225
Sera
Prognostics,
Inc.,
Class
a
A*
2,955
21,719
Shattuck
Labs,
Inc.*(a)
4,190
15,042
Skye
Bioscience,
Inc.*
1,843
11,408
Soleno
Therapeutics,
Inc.*
2,353
115,179
Solid
Biosciences,
Inc.*
2,411
21,530
SpringWorks
Therapeutics,
Inc.*
7,357
306,860
Spyre
Therapeutics,
Inc.*
3,706
106,547
Stoke
Therapeutics,
Inc.*
3,808
55,406
Summit
Therapeutics,
Inc.*(a)
9,373
121,662
Sutro
Biopharma,
Inc.*
8,766
40,061
Investments
Shares
Value
Common
Stocks
(continued)
Syndax
Pharmaceuticals,
Inc.*
8,798
$
180,799
Tango
Therapeutics,
Inc.*
5,109
60,439
Taysha
Gene
Therapies,
Inc.*
17,128
38,367
Tenaya
Therapeutics,
Inc.*
5,906
15,828
Tevogen
Bio
Holdings,
Inc.*
2,346
1,224
TG
Therapeutics,
Inc.*
14,950
351,175
Tourmaline
Bio,
Inc.(a)
2,469
41,603
Travere
Therapeutics,
Inc.*
7,890
74,718
TScan
Therapeutics,
Inc.*
4,112
23,151
Twist
Bioscience
Corp.*
6,156
266,185
Tyra
Biosciences,
Inc.*(a)
2,173
49,457
UroGen
Pharma
Ltd.*(a)
3,677
51,147
Vanda
Pharmaceuticals,
Inc.*
6,104
32,290
Vaxcyte,
Inc.*
11,690
944,084
Vera
Therapeutics,
Inc.,
Class
a
A*
4,173
157,823
Veracyte,
Inc.*
8,225
259,499
Verastem,
Inc.*(a)
2,721
6,802
Vericel
Corp.*
5,187
267,909
Verve
Therapeutics,
Inc.*
7,603
50,940
Vir
Biotechnology,
Inc.*
9,586
79,180
Viridian
Therapeutics,
Inc.*
6,703
98,400
Voyager
Therapeutics,
Inc.*
4,926
32,315
Werewolf
Therapeutics,
Inc.*
3,267
7,057
X4
Pharmaceuticals,
Inc.*
17,994
12,596
XBiotech,
Inc.*
1,982
12,685
Xencor,
Inc.*
6,362
111,271
XOMA
Royalty
Corp.*
859
25,126
Y-mAbs
Therapeutics,
Inc.*
3,937
56,338
Zentalis
Pharmaceuticals,
Inc.*
6,118
21,229
Zura
Bio
Ltd.,
Class
a
A*(a)
2,142
8,846
Zymeworks,
Inc.*
5,984
70,192
25,505,069
Broadline
Retail
—
0.0%(c)
1stdibs.com,
Inc.*
2,723
13,370
ContextLogic,
Inc.,
Class
a
A*
1
6
Groupon,
Inc.,
Class
a
A*(a)
2,451
33,995
Qurate
Retail,
Inc.,
Class
a
B*
105
416
Savers
Value
Village,
Inc.*
2,506
22,178
69,965
Building
Products
—
0.8%
American
Woodmark
Corp.*
1,695
151,889
Apogee
Enterprises,
Inc.
2,344
156,532
AZZ,
Inc.
3,144
261,486
Caesarstone
Ltd.*
2,216
10,858
CSW
Industrials,
Inc.
1,659
560,128
Gibraltar
Industries,
Inc.*
3,274
228,100
Griffon
Corp.
4,137
273,828
Insteel
Industries,
Inc.
2,006
69,006
Janus
International
Group,
Inc.*
15,192
166,960
JELD-WEN
Holding,
Inc.*
9,197
130,965
Masterbrand,
Inc.*
13,563
217,551
Quanex
Building
Products
Corp.
4,741
130,994
Resideo
Technologies,
Inc.*
15,635
315,202
Tecnoglass,
Inc.
2,407
149,162
UFP
Industries,
Inc.
6,481
788,543
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
124
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Zurn
Elkay
Water
Solutions
Corp.
15,583
$
505,357
4,116,561
Capital
Markets
—
1.0%
AlTi
Global,
Inc.*
3,610
14,512
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
6,743
280,441
AssetMark
Financial
Holdings,
Inc.*
2,442
85,836
B
Riley
Financial,
Inc.(a)
2,185
10,739
BGC
Group,
Inc.,
Class
a
A
39,567
390,922
Brightsphere
Investment
Group,
Inc.
2,961
72,219
Cohen
&
Steers,
Inc.
2,945
263,165
Diamond
Hill
Investment
Group,
Inc.
290
45,829
Donnelley
Financial
Solutions,
Inc.*
2,801
186,715
Forge
Global
Holdings,
Inc.*
12,283
17,196
GCM
Grosvenor,
Inc.,
Class
a
A
4,437
48,319
Hamilton
Lane,
Inc.,
Class
a
A
4,113
628,631
MarketWise,
Inc.
4,129
3,266
Moelis
&
Co.,
Class
a
A
7,569
505,533
Open
Lending
Corp.*
10,940
63,014
P10,
Inc.,
Class
a
A
4,457
44,793
Patria
Investments
Ltd.,
Class
a
A
5,888
67,830
Perella
Weinberg
Partners,
Class
a
A
5,625
109,969
Piper
Sandler
Cos.
1,860
507,222
PJT
Partners,
Inc.,
Class
a
A
2,530
312,455
Silvercrest
Asset
Management
Group,
Inc.,
Class
a
A
1,020
16,524
StepStone
Group,
Inc.,
Class
a
A
5,734
313,650
StoneX
Group,
Inc.*
2,932
242,946
Value
Line,
Inc.
84
3,483
Victory
Capital
Holdings,
Inc.,
Class
a
A
4,404
240,326
Virtus
Investment
Partners,
Inc.
722
152,819
WisdomTree,
Inc.
14,939
151,481
4,779,835
Chemicals
—
1.1%
AdvanSix,
Inc.
2,736
80,876
American
Vanguard
Corp.
2,699
15,492
Arcadium
Lithium
plc*
116,028
314,436
Arq,
Inc.*
2,649
18,066
ASP
Isotopes,
Inc.*(a)
4,244
10,058
Aspen
Aerogels,
Inc.*
6,239
178,997
Avient
Corp.
9,671
475,136
Balchem
Corp.
3,459
612,347
Cabot
Corp.
5,806
610,269
Core
Molding
Technologies,
Inc.*
809
14,441
Ecovyst,
Inc.*
12,460
89,463
Hawkins,
Inc.
2,071
262,333
HB
Fuller
Co.
5,860
501,968
Ingevity
Corp.*
3,898
154,088
Innospec,
Inc.
2,669
307,629
Intrepid
Potash,
Inc.*
1,170
28,876
Koppers
Holdings,
Inc.
2,189
86,641
Investments
Shares
Value
Common
Stocks
(continued)
Kronos
Worldwide,
Inc.
2,332
$
26,958
LSB
Industries,
Inc.*
5,711
45,288
Mativ
Holdings,
Inc.
5,780
109,589
Minerals
Technologies,
Inc.
3,437
264,993
Northern
Technologies
International
Corp.
840
11,037
Orion
SA
6,163
114,940
Perimeter
Solutions
SA*
14,326
167,757
PureCycle
Technologies,
Inc.*(a)
13,199
80,514
Quaker
Chemical
Corp.
1,496
253,228
Rayonier
Advanced
Materials,
Inc.*
6,851
54,671
Sensient
Technologies
Corp.
4,511
351,136
Stepan
Co.
2,286
177,462
Tronox
Holdings
plc
12,717
177,148
Valhi,
Inc.
260
7,594
5,603,431
Commercial
Services
&
Supplies
—
1.0%
ABM
Industries,
Inc.
6,770
386,905
ACCO
Brands
Corp.
10,009
54,849
ACV
Auctions,
Inc.,
Class
a
A*
15,847
296,497
Aris
Water
Solutions,
Inc.,
Class
a
A
2,871
48,290
Bridger
Aerospace
Group
Holdings,
Inc.*(a)
960
2,582
BrightView
Holdings,
Inc.*
4,733
75,586
Brink's
Co.
(The)
4,812
533,795
Casella
Waste
Systems,
Inc.,
Class
a
A*
6,127
660,858
CECO
Environmental
Corp.*
3,132
90,671
Cimpress
plc*
1,934
191,234
CompX
International,
Inc.
167
4,988
CoreCivic,
Inc.*
11,811
162,756
Deluxe
Corp.
4,741
97,617
Driven
Brands
Holdings,
Inc.*
6,414
91,977
Ennis,
Inc.
2,723
65,107
Enviri
Corp.*
8,486
101,408
GEO
Group,
Inc.
(The)*
13,304
184,526
Healthcare
Services
Group,
Inc.*
7,880
85,813
HNI
Corp.
5,029
270,812
Interface,
Inc.,
Class
a
A
6,145
116,018
LanzaTech
Global,
Inc.*
11,970
17,835
Liquidity
Services,
Inc.*
2,297
50,006
Matthews
International
Corp.,
Class
a
A
3,182
80,600
MillerKnoll,
Inc.
7,664
225,705
Montrose
Environmental
Group,
Inc.*
3,403
111,959
NL
Industries,
Inc.
901
5,965
OPENLANE,
Inc.*
11,496
199,226
Perma-Fix
Environmental
Services,
Inc.*
1,347
14,817
Pitney
Bowes,
Inc.
17,193
121,555
Quad/Graphics,
Inc.
3,221
15,106
Quest
Resource
Holding
Corp.*
1,846
16,319
Steelcase,
Inc.,
Class
a
A
9,912
140,156
UniFirst
Corp.
1,610
305,401
Viad
Corp.*
2,189
75,323
Virco
Mfg.
Corp.
1,120
17,394
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
125
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
VSE
Corp.
1,464
$
136,196
5,055,852
Communications
Equipment
—
0.4%
ADTRAN
Holdings,
Inc.*
8,434
47,062
Applied
Optoelectronics,
Inc.*(a)
3,962
44,969
Aviat
Networks,
Inc.*
1,219
33,461
Calix,
Inc.*
6,294
234,389
Clearfield,
Inc.*
1,336
49,833
CommScope
Holding
Co.,
Inc.*
22,603
87,248
Digi
International,
Inc.*
3,825
112,684
Extreme
Networks,
Inc.*
13,453
211,885
Harmonic,
Inc.*
11,824
170,857
Infinera
Corp.*
21,330
134,166
NETGEAR,
Inc.*
3,023
49,063
NetScout
Systems,
Inc.*
7,407
159,102
Ribbon
Communications,
Inc.*
9,698
33,070
Viasat,
Inc.*
12,992
203,974
Viavi
Solutions,
Inc.*
23,576
202,989
1,774,752
Construction
&
Engineering
—
0.9%
Ameresco,
Inc.,
Class
a
A*
3,447
104,961
Arcosa,
Inc.
5,194
475,199
Argan,
Inc.
1,327
105,244
Bowman
Consulting
Group
Ltd.,
Class
a
A*
1,429
34,296
Centuri
Holdings,
Inc.*
1,467
25,086
Concrete
Pumping
Holdings,
Inc.*
2,548
16,536
Construction
Partners,
Inc.,
Class
a
A*
4,598
303,376
Dycom
Industries,
Inc.*
3,040
534,918
Fluor
Corp.*
18,282
915,380
Granite
Construction,
Inc.
4,717
354,530
Great
Lakes
Dredge
&
Dock
Corp.*
7,062
70,267
IES
Holdings,
Inc.*
893
166,571
Limbach
Holdings,
Inc.*
1,094
70,705
Matrix
Service
Co.*
2,831
28,197
MYR
Group,
Inc.*
1,782
179,626
Northwest
Pipe
Co.*
1,037
45,607
Orion
Group
Holdings,
Inc.*
3,281
24,804
Primoris
Services
Corp.
5,722
322,950
Southland
Holdings,
Inc.*
1,077
4,416
Sterling
Infrastructure,
Inc.*
3,237
386,919
Tutor
Perini
Corp.*
4,630
110,981
4,280,569
Construction
Materials
—
0.2%
Knife
River
Corp.*
6,083
479,766
Smith-Midland
Corp.*
484
16,800
Summit
Materials,
Inc.,
Class
a
A*
12,966
525,123
United
States
Lime
&
Minerals,
Inc.
1,129
92,273
1,113,962
Consumer
Finance
—
0.5%
Atlanticus
Holdings
Corp.*
592
20,927
Bread
Financial
Holdings,
Inc.
5,324
309,697
Investments
Shares
Value
Common
Stocks
(continued)
Consumer
Portfolio
Services,
Inc.*
911
$
7,516
Encore
Capital
Group,
Inc.*
2,510
125,701
Enova
International,
Inc.*
2,802
240,215
FirstCash
Holdings,
Inc.
4,192
503,417
Green
Dot
Corp.,
Class
a
A*
5,693
63,591
LendingClub
Corp.*
11,700
142,155
LendingTree,
Inc.*
1,066
61,753
Medallion
Financial
Corp.
2,007
16,217
Moneylion,
Inc.*
913
42,381
Navient
Corp.
8,647
146,394
Nelnet,
Inc.,
Class
a
A
1,550
179,149
NerdWallet,
Inc.,
Class
a
A*
4,143
53,569
OppFi,
Inc.
1,937
9,240
PRA
Group,
Inc.*
4,148
96,731
PROG
Holdings,
Inc.
4,536
212,103
Regional
Management
Corp.
867
29,071
Upstart
Holdings,
Inc.*
8,246
350,455
World
Acceptance
Corp.*
381
44,901
2,655,183
Consumer
Staples
Distribution
&
Retail
—
0.4%
Andersons,
Inc.
(The)
3,497
178,242
Chefs'
Warehouse,
Inc.
(The)*
3,750
160,613
HF
Foods
Group,
Inc.*
4,262
15,130
Ingles
Markets,
Inc.,
Class
a
A
1,552
114,848
Natural
Grocers
by
Vitamin
Cottage,
Inc.
999
26,593
PriceSmart,
Inc.
2,683
240,343
SpartanNash
Co.
3,671
81,092
Sprouts
Farmers
Market,
Inc.*
10,788
1,122,492
United
Natural
Foods,
Inc.*
6,290
95,168
Village
Super
Market,
Inc.,
Class
a
A
929
29,867
Weis
Markets,
Inc.
1,763
119,144
2,183,532
Containers
&
Packaging
—
0.2%
Ardagh
Metal
Packaging
SA
15,472
55,390
Greif,
Inc.,
Class
a
A
2,669
166,866
Greif,
Inc.,
Class
a
B
514
34,644
Myers
Industries,
Inc.
3,932
60,120
O-I
Glass,
Inc.*
16,588
210,502
Pactiv
Evergreen,
Inc.
4,333
51,129
Ranpak
Holdings
Corp.,
Class
a
A*
4,600
32,614
TriMas
Corp.
4,346
110,866
722,131
Distributors
—
0.0%(c)
A-Mark
Precious
Metals,
Inc.
1,876
73,108
GigaCloud
Technology,
Inc.,
Class
a
A*(a)
2,515
48,892
Weyco
Group,
Inc.
648
21,630
143,630
Diversified
Consumer
Services
—
0.5%
Adtalem
Global
Education,
Inc.*
4,184
316,771
American
Public
Education,
Inc.*
1,682
28,123
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
126
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Carriage
Services,
Inc.,
Class
a
A
1,464
$
48,532
Chegg,
Inc.*
10,630
22,961
Coursera,
Inc.*
14,731
119,321
European
Wax
Center,
Inc.,
Class
a
A*
3,627
25,026
Frontdoor,
Inc.*
8,406
404,160
Graham
Holdings
Co.,
Class
a
B
352
279,907
Laureate
Education,
Inc.
14,363
221,477
Lincoln
Educational
Services
Corp.*
2,794
34,785
Mister
Car
Wash,
Inc.*
10,027
65,276
Nerdy,
Inc.*(a)
7,794
8,417
OneSpaWorld
Holdings
Ltd.
10,757
170,714
Perdoceo
Education
Corp.
7,016
157,439
Strategic
Education,
Inc.
2,378
229,477
Stride,
Inc.*
4,559
375,388
Udemy,
Inc.*
10,238
86,716
Universal
Technical
Institute,
Inc.*
4,228
73,779
2,668,269
Diversified
REITs
—
0.4%
Alexander
&
Baldwin,
Inc.,
REIT
7,793
154,224
Alpine
Income
Property
Trust,
Inc.,
REIT
1,341
25,533
American
Assets
Trust,
Inc.,
REIT
5,129
139,765
Armada
Hoffler
Properties,
Inc.,
REIT
7,105
87,463
Broadstone
Net
Lease,
Inc.,
REIT
20,198
369,623
CTO
Realty
Growth,
Inc.,
REIT
2,364
44,963
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
14,353
154,869
Essential
Properties
Realty
Trust,
Inc.,
REIT
18,788
599,525
Gladstone
Commercial
Corp.,
REIT
4,294
65,655
Global
Net
Lease,
Inc.,
REIT
21,502
185,347
NexPoint
Diversified
Real
Estate
Trust,
REIT
3,416
20,154
One
Liberty
Properties,
Inc.,
REIT
1,698
45,422
1,892,543
Diversified
Telecommunication
Services
—
0.4%
Anterix,
Inc.*
1,352
47,955
AST
SpaceMobile,
Inc.,
Class
a
A*(a)
12,631
366,804
ATN
International,
Inc.
1,135
30,373
Bandwidth,
Inc.,
Class
a
A*
2,647
45,423
Cogent
Communications
Holdings,
Inc.
4,717
330,096
Consolidated
Communications
Holdings,
Inc.*
8,227
37,597
Globalstar,
Inc.*
78,106
97,632
IDT
Corp.,
Class
a
B
1,653
63,409
Liberty
Latin
America
Ltd.,
Class
a
A*
3,555
33,666
Liberty
Latin
America
Ltd.,
Class
a
C*
14,415
136,510
Investments
Shares
Value
Common
Stocks
(continued)
Lumen
Technologies,
Inc.*
108,372
$
568,953
Shenandoah
Telecommunications
Co.
5,215
78,851
1,837,269
Electric
Utilities
—
0.4%
ALLETE,
Inc.
6,220
395,281
Genie
Energy
Ltd.,
Class
a
B
1,381
23,118
Hawaiian
Electric
Industries,
Inc.*
11,909
127,784
MGE
Energy,
Inc.
3,901
338,236
Otter
Tail
Corp.
4,428
374,387
Portland
General
Electric
Co.
10,882
523,533
TXNM
Energy,
Inc.
9,642
395,129
2,177,468
Electrical
Equipment
—
0.7%
Allient,
Inc.
1,558
33,092
American
Superconductor
Corp.*
3,652
73,843
Amprius
Technologies,
Inc.*(a)
1,501
1,606
Array
Technologies,
Inc.*
16,353
109,729
Atkore,
Inc.
3,932
366,974
Blink
Charging
Co.*(a)
10,301
19,160
Bloom
Energy
Corp.,
Class
a
A*(a)
21,297
253,647
ChargePoint
Holdings,
Inc.*(a)
41,564
78,140
Energy
Vault
Holdings,
Inc.*(a)
11,036
11,146
EnerSys
4,284
434,098
Enovix
Corp.*(a)
15,914
151,501
Fluence
Energy,
Inc.*
6,517
119,717
Freyr
Battery,
Inc.*(a)
12,004
14,765
FuelCell
Energy,
Inc.*(a)
48,568
19,660
GrafTech
International
Ltd.*(a)
27,719
19,010
LSI
Industries,
Inc.
2,998
47,698
Net
Power,
Inc.*
2,265
19,185
NEXTracker,
Inc.,
Class
a
A*
12,483
507,684
NuScale
Power
Corp.,
Class
a
A*(a)
8,311
68,400
Plug
Power,
Inc.*(a)
67,573
127,037
Powell
Industries,
Inc.
1,001
167,607
Preformed
Line
Products
Co.
262
31,422
SES
AI
Corp.*
13,945
14,921
Shoals
Technologies
Group,
Inc.,
Class
a
A*
18,363
98,977
SolarMax
Technology,
Inc.*
545
599
Solidion
Technology,
Inc.*
949
308
Stem,
Inc.*(a)
16,254
9,478
Sunrun,
Inc.*
23,403
480,230
Thermon
Group
Holdings,
Inc.*
3,571
112,236
TPI
Composites,
Inc.*
4,939
21,386
Ultralife
Corp.*
1,076
11,255
Vicor
Corp.*
2,403
92,515
3,517,026
Electronic
Equipment,
Instruments
&
Components
—
1.7%
908
Devices,
Inc.*
2,542
10,041
Advanced
Energy
Industries,
Inc.
4,008
425,209
Aeva
Technologies,
Inc.*(a)
2,439
8,049
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
127
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Arlo
Technologies,
Inc.*
10,186
$
119,584
Badger
Meter,
Inc.
3,148
651,447
Bel
Fuse,
Inc.,
Class
a
A
184
15,853
Bel
Fuse,
Inc.,
Class
a
B
1,106
75,020
Belden,
Inc.
4,341
465,702
Benchmark
Electronics,
Inc.
3,822
162,473
Climb
Global
Solutions,
Inc.
450
42,741
CTS
Corp.
3,258
160,456
Daktronics,
Inc.*
3,964
57,280
ePlus,
Inc.*
2,817
270,319
Evolv
Technologies
Holdings,
Inc.*
13,991
55,124
Fabrinet*
3,903
950,966
FARO
Technologies,
Inc.*
1,896
34,128
Insight
Enterprises,
Inc.*
2,989
648,822
Iteris,
Inc.*
4,554
32,106
Itron,
Inc.*
4,917
502,616
Kimball
Electronics,
Inc.*
2,624
48,413
Knowles
Corp.*
9,450
174,352
Lightwave
Logic,
Inc.*(a)
12,856
37,925
Methode
Electronics,
Inc.
3,634
37,866
MicroVision,
Inc.*(a)
22,091
20,947
Mirion
Technologies,
Inc.,
Class
a
A*
21,401
231,987
Napco
Security
Technologies,
Inc.
3,767
174,713
nLight,
Inc.*
4,924
58,793
Novanta,
Inc.*
3,843
704,345
OSI
Systems,
Inc.*
1,733
259,725
Ouster,
Inc.*
4,630
32,827
PAR
Technology
Corp.*
3,610
194,904
PC
Connection,
Inc.
1,241
90,692
Plexus
Corp.*
2,909
372,672
Powerfleet,
Inc.*
9,687
48,338
Richardson
Electronics
Ltd.
1,315
15,583
Rogers
Corp.*
2,014
216,022
Sanmina
Corp.*
5,868
407,122
ScanSource,
Inc.*
2,675
136,264
SmartRent,
Inc.,
Class
a
A*
20,684
35,163
TTM
Technologies,
Inc.*
10,810
210,254
Vishay
Intertechnology,
Inc.
13,524
272,509
Vishay
Precision
Group,
Inc.*
1,296
35,783
8,505,135
Energy
Equipment
&
Services
—
1.3%
Archrock,
Inc.
16,529
334,382
Atlas
Energy
Solutions,
Inc.,
Class
a
A
7,271
153,345
Borr
Drilling
Ltd.
25,380
154,057
Bristow
Group,
Inc.,
Class
a
A*
2,632
104,780
Cactus,
Inc.,
Class
a
A
7,016
417,592
ChampionX
Corp.
20,427
635,893
Core
Laboratories,
Inc.
5,027
98,328
Diamond
Offshore
Drilling,
Inc.*
10,951
157,037
DMC
Global,
Inc.*
2,102
26,002
Drilling
Tools
International
Corp.*
1,259
5,175
Dril-Quip,
Inc.*
3,661
59,711
Expro
Group
Holdings
NV*
10,142
201,420
Investments
Shares
Value
Common
Stocks
(continued)
Forum
Energy
Technologies,
Inc.*
1,255
$
21,774
Geospace
Technologies
Corp.*
1,346
13,891
Helix
Energy
Solutions
Group,
Inc.*
15,427
173,091
Helmerich
&
Payne,
Inc.
10,348
337,655
Kodiak
Gas
Services,
Inc.
2,159
59,912
Liberty
Energy,
Inc.,
Class
a
A
17,286
355,919
Mammoth
Energy
Services,
Inc.*
2,601
9,936
Nabors
Industries
Ltd.*
978
73,712
Natural
Gas
Services
Group,
Inc.*
1,147
25,154
Newpark
Resources,
Inc.*
8,871
73,008
Noble
Corp.
plc
12,249
467,299
Oceaneering
International,
Inc.*
10,823
292,113
Oil
States
International,
Inc.*
6,574
34,776
Patterson-UTI
Energy,
Inc.
42,748
393,709
ProFrac
Holding
Corp.,
Class
a
A*
2,378
16,289
ProPetro
Holding
Corp.*
9,719
77,169
Ranger
Energy
Services,
Inc.,
Class
a
A
1,783
22,198
RPC,
Inc.
9,096
58,396
SEACOR
Marine
Holdings,
Inc.*
2,612
29,907
Seadrill
Ltd.*
7,966
343,494
Select
Water
Solutions,
Inc.,
Class
a
A
9,769
112,637
Solaris
Oilfield
Infrastructure,
Inc.,
Class
a
A
2,690
34,109
TETRA
Technologies,
Inc.*
13,443
42,749
Tidewater,
Inc.*
5,223
463,280
Transocean
Ltd.*
78,086
370,128
Valaris
Ltd.*
6,720
410,323
6,660,350
Entertainment
—
0.3%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
29,783
143,554
Atlanta
Braves
Holdings,
Inc.,
Class
a
A*
1,096
49,978
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
5,371
230,308
Cinemark
Holdings,
Inc.*
11,818
323,577
Eventbrite,
Inc.,
Class
a
A*
8,870
28,207
Golden
Matrix
Group,
Inc.*(a)
2,129
5,514
IMAX
Corp.*
4,592
97,304
Lions
Gate
Entertainment
Corp.,
Class
a
A*(a)
6,375
49,534
Lions
Gate
Entertainment
Corp.,
Class
a
B*
13,028
90,154
LiveOne,
Inc.*
7,286
12,678
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
4,190
176,902
Marcus
Corp.
(The)
2,565
36,295
Playstudios,
Inc.*
9,426
14,327
Reservoir
Media,
Inc.*
2,085
16,180
Sphere
Entertainment
Co.*
2,844
132,530
Vivid
Seats,
Inc.,
Class
a
A*
8,371
38,925
1,445,967
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
128
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Equity
Real
Estate
Investment
Trusts
(REITs)
—
0.0%(c)
Hudson
Pacific
Properties,
Inc.
14,644
$
75,417
Financial
Services
—
1.6%
Acacia
Research
Corp.*
4,042
19,442
Alerus
Financial
Corp.
1,908
42,835
AvidXchange
Holdings,
Inc.*
18,606
150,150
Banco
Latinoamericano
de
Comercio
Exterior
SA,
Class
a
E
2,928
91,793
Burford
Capital
Ltd.
21,453
289,830
Cannae
Holdings,
Inc.
6,033
120,781
Cantaloupe,
Inc.*
6,254
43,278
Cass
Information
Systems,
Inc.
1,451
63,031
Compass
Diversified
Holdings
7,137
158,085
Enact
Holdings,
Inc.
3,132
111,343
Essent
Group
Ltd.
11,169
718,055
EVERTEC,
Inc.
6,905
236,496
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
980
193,521
Flywire
Corp.*
12,928
234,126
HA
Sustainable
Infrastructure
Capital,
Inc.
12,040
389,855
I3
Verticals,
Inc.,
Class
a
A*
2,421
54,860
International
Money
Express,
Inc.*
3,394
61,601
Jackson
Financial,
Inc.,
Class
a
A
8,178
735,775
Marqeta,
Inc.,
Class
a
A*
49,919
266,068
Merchants
Bancorp
1,834
84,089
Mr
Cooper
Group,
Inc.*
6,835
641,191
NCR
Atleos
Corp.*
7,724
220,984
NewtekOne,
Inc.
2,487
31,162
NMI
Holdings,
Inc.,
Class
a
A*
8,496
348,931
Onity
Group,
Inc.*
690
19,996
Pagseguro
Digital
Ltd.,
Class
a
A*
20,192
223,525
Payoneer
Global,
Inc.*
30,326
225,322
Paysafe
Ltd.*
3,448
77,233
Paysign,
Inc.*
3,525
16,709
PennyMac
Financial
Services,
Inc.
2,864
309,312
Priority
Technology
Holdings,
Inc.*
1,941
11,646
Radian
Group,
Inc.
16,226
586,570
Remitly
Global,
Inc.*
15,527
211,944
Repay
Holdings
Corp.,
Class
a
A*
9,688
81,960
Sezzle,
Inc.*
253
34,466
StoneCo
Ltd.,
Class
a
A*
30,651
406,432
SWK
Holdings
Corp.*
352
6,195
Velocity
Financial,
Inc.*
962
18,057
Walker
&
Dunlop,
Inc.
3,439
368,179
Waterstone
Financial,
Inc.
1,763
26,709
7,931,537
Food
Products
—
0.5%
Alico,
Inc.
761
22,297
B&G
Foods,
Inc.
8,324
70,504
Beyond
Meat,
Inc.*(a)
6,394
38,876
BRC,
Inc.,
Class
a
A*
5,576
24,702
Calavo
Growers,
Inc.
1,791
41,229
Investments
Shares
Value
Common
Stocks
(continued)
Cal-Maine
Foods,
Inc.
4,390
$
316,256
Dole
plc
8,036
129,460
Forafric
Global
plc*
591
6,672
Fresh
Del
Monte
Produce,
Inc.
3,620
105,849
Hain
Celestial
Group,
Inc.
(The)*
9,602
76,816
J
&
J
Snack
Foods
Corp.
1,634
278,090
John
B
Sanfilippo
&
Son,
Inc.
958
90,885
Lancaster
Colony
Corp.
2,095
357,742
Lifeway
Foods,
Inc.*
484
9,283
Limoneira
Co.
1,775
44,517
Mama's
Creations,
Inc.*
3,524
28,227
Mission
Produce,
Inc.*
4,650
49,848
Seneca
Foods
Corp.,
Class
a
A*
514
30,979
Simply
Good
Foods
Co.
(The)*
9,772
308,698
SunOpta,
Inc.*
9,821
56,471
TreeHouse
Foods,
Inc.*
5,245
215,517
Utz
Brands,
Inc.
6,964
117,622
Vital
Farms,
Inc.*
3,491
109,792
Westrock
Coffee
Co.*(a)
3,630
29,022
WK
Kellogg
Co.
7,026
120,636
2,679,990
Gas
Utilities
—
0.6%
Brookfield
Infrastructure
Corp.,
Class
a
A
12,849
522,954
Chesapeake
Utilities
Corp.
2,368
280,419
New
Jersey
Resources
Corp.
10,518
487,089
Northwest
Natural
Holding
Co.
4,061
163,334
ONE
Gas,
Inc.
6,032
415,846
RGC
Resources,
Inc.
885
18,806
Southwest
Gas
Holdings,
Inc.
6,520
474,134
Spire,
Inc.
5,792
382,098
2,744,680
Ground
Transportation
—
0.3%
ArcBest
Corp.
2,522
268,089
Covenant
Logistics
Group,
Inc.,
Class
a
A
866
45,612
FTAI
Infrastructure,
Inc.
10,784
107,193
Heartland
Express,
Inc.
4,994
61,826
Hertz
Global
Holdings,
Inc.*(a)
13,139
39,942
Marten
Transport
Ltd.
6,220
108,539
PAM
Transportation
Services,
Inc.*
647
11,736
RXO,
Inc.*
12,482
355,238
Universal
Logistics
Holdings,
Inc.
726
30,688
Werner
Enterprises,
Inc.
6,776
250,441
1,279,304
Health
Care
Equipment
&
Supplies
—
1.9%
Accuray,
Inc.*
10,270
22,389
Alphatec
Holdings,
Inc.*
10,991
75,838
AngioDynamics,
Inc.*
4,086
30,482
Artivion,
Inc.*
4,252
115,399
AtriCure,
Inc.*
5,067
132,806
Avanos
Medical,
Inc.*
4,861
117,733
Axogen,
Inc.*
4,538
59,675
Axonics,
Inc.*
5,456
377,364
Bioventus,
Inc.,
Class
a
A*
4,016
40,361
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
129
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Cerus
Corp.*
19,320
$
43,663
CONMED
Corp.
3,305
241,992
CVRx,
Inc.*
1,422
14,021
Embecta
Corp.
6,208
101,439
Fractyl
Health,
Inc.*(a)
805
2,818
Glaukos
Corp.*
5,242
701,851
Haemonetics
Corp.*
5,373
406,091
ICU
Medical,
Inc.*
2,295
379,432
Inari
Medical,
Inc.*
5,666
244,941
Inmode
Ltd.*
8,514
142,269
Inogen,
Inc.*
2,538
31,141
Integer
Holdings
Corp.*
3,569
464,220
Integra
LifeSciences
Holdings
Corp.*
7,341
149,316
iRadimed
Corp.
861
40,433
iRhythm
Technologies,
Inc.*
3,346
237,165
Lantheus
Holdings,
Inc.*
7,278
774,889
LeMaitre
Vascular,
Inc.
2,170
195,929
LivaNova
plc*
5,838
294,177
Merit
Medical
Systems,
Inc.*
6,126
592,262
Neogen
Corp.*
23,362
402,995
NeuroPace,
Inc.*
1,462
11,579
Nevro
Corp.*
3,872
23,968
Novocure
Ltd.*
11,401
221,635
Omnicell,
Inc.*
4,885
217,285
OraSure
Technologies,
Inc.*
7,995
35,818
Orchestra
BioMed
Holdings,
Inc.*
2,488
16,670
Orthofix
Medical,
Inc.*
3,610
62,958
OrthoPediatrics
Corp.*
1,754
56,040
Paragon
28,
Inc.*
5,046
41,983
PROCEPT
BioRobotics
Corp.*
4,533
358,107
Pulmonx
Corp.*
4,057
29,697
Pulse
Biosciences,
Inc.*
1,960
36,534
RxSight,
Inc.*
3,642
205,372
Sanara
Medtech,
Inc.*(a)
428
15,361
Semler
Scientific,
Inc.*
506
13,510
SI-BONE,
Inc.*
4,359
72,447
Sight
Sciences,
Inc.*
3,759
25,448
Silk
Road
Medical,
Inc.*
4,198
113,808
STAAR
Surgical
Co.*
5,295
175,212
Stereotaxis,
Inc.*(a)
5,867
13,435
Surmodics,
Inc.*
1,473
58,375
Tactile
Systems
Technology,
Inc.*
2,531
34,649
Tandem
Diabetes
Care,
Inc.*
6,933
301,586
TransMedics
Group,
Inc.*
3,434
577,118
Treace
Medical
Concepts,
Inc.*
5,225
32,238
UFP
Technologies,
Inc.*
779
265,818
Utah
Medical
Products,
Inc.
364
24,748
Varex
Imaging
Corp.*
4,151
51,804
Zimvie,
Inc.*
2,892
50,147
Zynex,
Inc.*(a)
1,636
12,859
9,589,300
Health
Care
Providers
&
Services
—
1.6%
Accolade,
Inc.*
7,929
34,412
AdaptHealth
Corp.,
Class
a
A*
10,901
119,802
Addus
HomeCare
Corp.*
1,689
224,654
agilon
health,
Inc.*
33,028
134,754
Investments
Shares
Value
Common
Stocks
(continued)
AirSculpt
Technologies,
Inc.*(a)
1,418
$
5,941
Alignment
Healthcare,
Inc.*
10,717
96,560
AMN
Healthcare
Services,
Inc.*
4,059
215,249
Astrana
Health,
Inc.*
4,617
220,646
Aveanna
Healthcare
Holdings,
Inc.*
5,598
31,629
BrightSpring
Health
Services,
Inc.*
5,765
72,351
Brookdale
Senior
Living,
Inc.*
20,495
145,719
Castle
Biosciences,
Inc.*
2,773
82,275
Community
Health
Systems,
Inc.*
13,441
73,253
CorVel
Corp.*
946
303,411
Cross
Country
Healthcare,
Inc.*
3,562
53,145
DocGo,
Inc.*
10,890
41,164
Enhabit,
Inc.*
5,331
44,994
Ensign
Group,
Inc.
(The)
5,941
899,230
Fulgent
Genetics,
Inc.*
2,175
49,068
GeneDx
Holdings
Corp.,
Class
a
A*
1,301
41,554
Guardant
Health,
Inc.*
12,636
323,229
HealthEquity,
Inc.*
9,066
721,291
Hims
&
Hers
Health,
Inc.*
20,320
299,314
InfuSystem
Holdings,
Inc.*
2,126
14,138
Innovage
Holding
Corp.*
2,034
12,936
Joint
Corp.
(The)*
1,167
13,199
LifeStance
Health
Group,
Inc.*
12,775
80,610
ModivCare,
Inc.*
1,194
34,459
Nano-X
Imaging
Ltd.*(a)
5,808
36,997
National
HealthCare
Corp.
1,338
183,480
National
Research
Corp.
1,643
37,460
NeoGenomics,
Inc.*
13,652
225,531
OPKO
Health,
Inc.*(a)
34,873
58,587
Option
Care
Health,
Inc.*
18,674
597,941
Owens
&
Minor,
Inc.*
8,077
125,516
PACS
Group,
Inc.*
2,664
105,681
Patterson
Cos.,
Inc.
8,610
193,639
Pediatrix
Medical
Group,
Inc.*
9,032
98,087
Pennant
Group,
Inc.
(The)*
3,095
106,035
Performant
Financial
Corp.*
7,572
26,729
PetIQ,
Inc.,
Class
a
A*
2,890
88,289
Privia
Health
Group,
Inc.*
10,922
219,969
Progyny,
Inc.*
9,040
212,350
Quipt
Home
Medical
Corp.*
4,378
12,521
RadNet,
Inc.*
7,080
469,333
Select
Medical
Holdings
Corp.
11,442
412,713
Sonida
Senior
Living,
Inc.*
368
10,157
Surgery
Partners,
Inc.*
8,223
262,725
Talkspace,
Inc.*
13,161
26,322
US
Physical
Therapy,
Inc.
1,601
137,046
Viemed
Healthcare,
Inc.*
3,670
27,892
8,063,987
Health
Care
REITs
—
0.4%
American
Healthcare
REIT,
Inc.,
REIT
6,963
145,736
CareTrust
REIT,
Inc.,
REIT
14,514
433,678
Community
Healthcare
Trust,
Inc.,
REIT
2,876
53,868
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
130
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Diversified
Healthcare
Trust,
REIT
23,386
$
81,383
Global
Medical
REIT,
Inc.,
REIT
6,501
60,524
LTC
Properties,
Inc.,
REIT
4,600
168,958
National
Health
Investors,
Inc.,
REIT
4,483
365,051
Sabra
Health
Care
REIT,
Inc.,
REIT
24,778
422,217
Strawberry
Fields
REIT,
Inc.,
REIT
624
7,394
Universal
Health
Realty
Income
Trust,
REIT
1,377
61,827
1,800,636
Health
Care
Technology
—
0.2%
Definitive
Healthcare
Corp.,
Class
a
A*
5,711
26,785
Evolent
Health,
Inc.,
Class
a
A*
12,362
395,337
Health
Catalyst,
Inc.*
6,256
44,981
HealthStream,
Inc.
2,611
75,823
LifeMD,
Inc.*
3,715
19,355
OptimizeRx
Corp.*
1,882
15,639
Phreesia,
Inc.*
5,454
140,222
Schrodinger,
Inc.*
5,953
125,192
Simulations
Plus,
Inc.
1,698
61,553
Teladoc
Health,
Inc.*
18,225
130,673
1,035,560
Hotel
&
Resort
REITs
—
0.4%
Apple
Hospitality
REIT,
Inc.,
REIT
24,409
352,466
Braemar
Hotels
&
Resorts,
Inc.,
REIT
7,056
21,944
Chatham
Lodging
Trust,
REIT
5,157
44,144
DiamondRock
Hospitality
Co.,
REIT
22,527
198,012
Pebblebrook
Hotel
Trust,
REIT
12,786
170,054
RLJ
Lodging
Trust,
REIT
16,319
155,030
Ryman
Hospitality
Properties,
Inc.,
REIT
6,278
652,661
Service
Properties
Trust,
REIT
17,666
82,854
Summit
Hotel
Properties,
Inc.,
REIT
11,237
76,299
Sunstone
Hotel
Investors,
Inc.,
REIT
21,779
227,155
Xenia
Hotels
&
Resorts,
Inc.,
REIT
10,920
155,501
2,136,120
Hotels,
Restaurants
&
Leisure
—
1.0%
Accel
Entertainment,
Inc.,
Class
a
A*
5,611
65,424
Bally's
Corp.*
2,561
44,049
Biglari
Holdings,
Inc.,
Class
a
B*
76
13,603
BJ's
Restaurants,
Inc.*
2,027
62,087
Bloomin'
Brands,
Inc.
8,451
147,892
Brinker
International,
Inc.*
4,722
337,717
Cheesecake
Factory,
Inc.
(The)
5,172
203,311
Chuy's
Holdings,
Inc.*
1,846
68,671
Cracker
Barrel
Old
Country
Store,
Inc.(a)
2,369
93,765
Investments
Shares
Value
Common
Stocks
(continued)
Dave
&
Buster's
Entertainment,
Inc.*
3,527
$
110,536
Denny's
Corp.*
5,467
35,754
Despegar.com
Corp.*
6,586
80,942
Dine
Brands
Global,
Inc.
1,630
51,541
El
Pollo
Loco
Holdings,
Inc.*
2,882
39,945
Everi
Holdings,
Inc.*
8,459
110,390
First
Watch
Restaurant
Group,
Inc.*
3,249
53,641
Full
House
Resorts,
Inc.*
3,514
17,957
Global
Business
Travel
Group
I*
13,439
93,939
Golden
Entertainment,
Inc.
2,160
69,962
Hilton
Grand
Vacations,
Inc.*
7,897
304,666
Inspired
Entertainment,
Inc.*
2,347
21,193
International
Game
Technology
plc
12,181
272,733
Jack
in
the
Box,
Inc.
2,103
103,804
Krispy
Kreme,
Inc.
9,161
103,244
Kura
Sushi
USA,
Inc.,
Class
a
A*(a)
634
41,838
Life
Time
Group
Holdings,
Inc.*
6,302
148,223
Lindblad
Expeditions
Holdings,
Inc.*
3,793
37,627
Monarch
Casino
&
Resort,
Inc.
1,406
106,744
Mondee
Holdings,
Inc.,
Class
a
A*(a)
4,082
8,164
Nathan's
Famous,
Inc.
301
23,427
ONE
Group
Hospitality,
Inc.
(The)*
2,231
8,589
Papa
John's
International,
Inc.
3,559
168,590
PlayAGS,
Inc.*
4,204
47,589
Portillo's,
Inc.,
Class
a
A*
5,782
71,176
Potbelly
Corp.*
2,938
23,445
RCI
Hospitality
Holdings,
Inc.
929
42,353
Red
Rock
Resorts,
Inc.,
Class
a
A
5,267
306,961
Rush
Street
Interactive,
Inc.*
8,138
76,253
Sabre
Corp.*
40,273
122,833
Shake
Shack,
Inc.,
Class
a
A*
4,073
404,897
Six
Flags
Entertainment
Corp.
4,538
198,674
Super
Group
SGHC
Ltd.
16,046
55,359
Sweetgreen,
Inc.,
Class
a
A*
10,575
334,276
Target
Hospitality
Corp.*
3,528
34,186
United
Parks
&
Resorts,
Inc.*
3,817
187,873
Vacasa,
Inc.,
Class
a
A*(a)
1,005
3,367
Xponential
Fitness,
Inc.,
Class
a
A*
2,562
33,101
4,992,311
Household
Durables
—
1.3%
Beazer
Homes
USA,
Inc.*
3,174
99,283
Cavco
Industries,
Inc.*
900
371,988
Century
Communities,
Inc.
3,034
303,612
Champion
Homes,
Inc.*
5,743
536,454
Cricut,
Inc.,
Class
a
A(a)
4,953
28,628
Dream
Finders
Homes,
Inc.,
Class
a
A*
2,997
100,250
Ethan
Allen
Interiors,
Inc.
2,448
77,063
Flexsteel
Industries,
Inc.
492
20,359
GoPro,
Inc.,
Class
a
A*
13,400
17,152
Green
Brick
Partners,
Inc.*
3,368
265,331
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
131
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
915
$
26,800
Helen
of
Troy
Ltd.*
2,546
135,905
Hooker
Furnishings
Corp.
1,139
18,042
Hovnanian
Enterprises,
Inc.,
Class
a
A*
533
115,251
Installed
Building
Products,
Inc.
2,564
570,003
iRobot
Corp.*
3,046
22,297
KB
Home
7,209
603,465
Landsea
Homes
Corp.*
1,925
22,927
La-Z-Boy,
Inc.
4,595
186,419
Legacy
Housing
Corp.*
1,200
32,352
LGI
Homes,
Inc.*
2,235
241,112
Lifetime
Brands,
Inc.
1,333
9,531
Lovesac
Co.
(The)*
1,520
35,325
M/I
Homes,
Inc.*
2,887
460,101
Meritage
Homes
Corp.
3,848
762,173
Purple
Innovation,
Inc.,
Class
a
A*
6,088
7,306
Sonos,
Inc.*
13,196
161,387
Taylor
Morrison
Home
Corp.,
Class
a
A*
11,116
748,440
Traeger,
Inc.*
3,662
13,146
Tri
Pointe
Homes,
Inc.*
10,007
444,711
United
Homes
Group,
Inc.*
563
3,429
Vizio
Holding
Corp.,
Class
a
A*
9,516
106,865
Worthington
Enterprises,
Inc.
3,370
154,346
6,701,453
Household
Products
—
0.2%
Central
Garden
&
Pet
Co.*
1,035
40,851
Central
Garden
&
Pet
Co.,
Class
a
A*
5,588
191,110
Energizer
Holdings,
Inc.
7,699
249,448
Oil-Dri
Corp.
of
America
525
35,800
WD-40
Co.
1,460
383,746
900,955
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
Altus
Power,
Inc.,
Class
a
A*
8,123
25,344
Montauk
Renewables,
Inc.*
7,067
33,144
Ormat
Technologies,
Inc.
5,780
430,783
Sunnova
Energy
International,
Inc.*
11,628
129,187
618,458
Industrial
Conglomerates
—
0.0%(c)
Brookfield
Business
Corp.,
Class
a
A
2,775
63,242
Industrial
REITs
—
0.3%
Industrial
Logistics
Properties
Trust,
REIT
6,990
34,601
Innovative
Industrial
Properties,
Inc.,
REIT
3,018
375,077
LXP
Industrial
Trust,
REIT
31,120
322,403
Plymouth
Industrial
REIT,
Inc.,
REIT
4,296
102,846
Terreno
Realty
Corp.,
REIT
10,227
706,072
1,540,999
Investments
Shares
Value
Common
Stocks
(continued)
Insurance
—
1.1%
Ambac
Financial
Group,
Inc.*
4,644
$
54,335
American
Coastal
Insurance
Corp.*
2,588
29,063
AMERISAFE,
Inc.
2,038
102,145
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
7,050
330,575
CNO
Financial
Group,
Inc.
11,501
401,615
Crawford
&
Co.,
Class
a
A
1,625
17,176
Donegal
Group,
Inc.,
Class
a
A
1,657
25,220
Employers
Holdings,
Inc.
2,697
129,321
Enstar
Group
Ltd.*
1,358
442,708
F&G
Annuities
&
Life,
Inc.
1,992
91,014
Fidelis
Insurance
Holdings
Ltd.
5,163
95,619
Genworth
Financial,
Inc.,
Class
a
A*
46,676
325,798
GoHealth,
Inc.,
Class
a
A*
484
4,095
Goosehead
Insurance,
Inc.,
Class
a
A*
2,510
211,693
Greenlight
Capital
Re
Ltd.,
Class
a
A*
2,957
41,309
Hamilton
Insurance
Group
Ltd.,
Class
a
B*
1,787
34,989
HCI
Group,
Inc.
869
83,276
Heritage
Insurance
Holdings,
Inc.*
2,450
39,519
Hippo
Holdings,
Inc.*
2,114
41,963
Horace
Mann
Educators
Corp.
4,403
156,791
Investors
Title
Co.
154
34,695
James
River
Group
Holdings
Ltd.
3,353
24,812
Kingsway
Financial
Services,
Inc.*
1,373
11,382
Lemonade,
Inc.*(a)
5,518
102,249
Maiden
Holdings
Ltd.*
9,428
16,782
MBIA,
Inc.
4,777
18,726
Mercury
General
Corp.
2,868
189,948
NI
Holdings,
Inc.*
832
12,929
Oscar
Health,
Inc.,
Class
a
A*
20,816
380,933
Palomar
Holdings,
Inc.*
2,621
260,056
ProAssurance
Corp.*
5,780
77,452
Root,
Inc.,
Class
a
A*
929
40,281
Safety
Insurance
Group,
Inc.
1,572
139,201
Selective
Insurance
Group,
Inc.
6,513
592,553
Selectquote,
Inc.*
14,329
58,462
SiriusPoint
Ltd.*
10,557
158,249
Skyward
Specialty
Insurance
Group,
Inc.*
3,975
162,458
Stewart
Information
Services
Corp.
2,896
214,043
Tiptree,
Inc.,
Class
a
A
2,696
53,462
Trupanion,
Inc.*(a)
3,528
161,335
United
Fire
Group,
Inc.
2,246
45,976
Universal
Insurance
Holdings,
Inc.
2,562
54,801
5,469,009
Interactive
Media
&
Services
—
0.3%
Bumble,
Inc.,
Class
a
A*
10,288
69,033
Cargurus,
Inc.,
Class
a
A*
9,454
273,977
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
132
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Cars.com,
Inc.*
7,050
$
125,772
EverQuote,
Inc.,
Class
a
A*
2,687
66,369
fuboTV,
Inc.*
31,437
52,814
Getty
Images
Holdings,
Inc.*
10,740
40,812
Grindr,
Inc.*
2,629
31,627
MediaAlpha,
Inc.,
Class
a
A*
2,660
47,348
Nextdoor
Holdings,
Inc.*
18,678
46,695
Outbrain,
Inc.*
4,130
21,063
QuinStreet,
Inc.*
5,637
107,723
Shutterstock,
Inc.(a)
2,671
95,836
System1,
Inc.*
2,510
3,112
TrueCar,
Inc.*
9,173
27,519
Vimeo,
Inc.*
15,854
84,819
Yelp,
Inc.,
Class
a
A*
7,024
245,348
Ziff
Davis,
Inc.*
4,871
238,046
ZipRecruiter,
Inc.,
Class
a
A*
7,686
73,401
1,651,314
IT
Services
—
0.4%
Applied
Digital
Corp.*(a)
10,544
38,486
ASGN,
Inc.*
4,834
464,837
Backblaze,
Inc.,
Class
a
A*
4,273
26,108
BigBear.ai
Holdings,
Inc.*(a)
10,879
17,298
BigCommerce
Holdings,
Inc.,
Series
1*
7,551
44,249
Core
Scientific,
Inc.*(a)
19,096
197,071
Couchbase,
Inc.*
4,166
81,737
DigitalOcean
Holdings,
Inc.*
7,030
263,133
Fastly,
Inc.,
Class
a
A*
13,792
83,028
Grid
Dynamics
Holdings,
Inc.*
6,116
85,135
Hackett
Group,
Inc.
(The)
2,706
71,709
Information
Services
Group,
Inc.
3,770
13,195
Perficient,
Inc.*
3,717
279,407
Rackspace
Technology,
Inc.*
7,157
16,461
Squarespace,
Inc.,
Class
a
A*
6,499
295,574
Thoughtworks
Holding,
Inc.*
10,713
46,601
Tucows,
Inc.,
Class
a
A*(a)
852
18,241
Unisys
Corp.*
7,049
38,981
2,081,251
Leisure
Products
—
0.2%
Acushnet
Holdings
Corp.
3,106
208,071
AMMO,
Inc.*(a)
9,606
15,274
Clarus
Corp.
3,267
14,081
Escalade,
Inc.
1,068
14,931
Funko,
Inc.,
Class
a
A*
3,288
34,425
JAKKS
Pacific,
Inc.*
855
21,067
Johnson
Outdoors,
Inc.,
Class
a
A
506
18,191
Latham
Group,
Inc.*
4,339
27,119
Malibu
Boats,
Inc.,
Class
a
A*
2,168
78,850
Marine
Products
Corp.
937
8,808
MasterCraft
Boat
Holdings,
Inc.*
1,795
33,261
Peloton
Interactive,
Inc.,
Class
a
A*
36,211
168,743
Smith
&
Wesson
Brands,
Inc.
4,875
71,857
Solo
Brands,
Inc.,
Class
a
A*(a)
1,747
2,393
Sturm
Ruger
&
Co.,
Inc.
1,813
76,364
Investments
Shares
Value
Common
Stocks
(continued)
Topgolf
Callaway
Brands
Corp.*
15,188
$
152,791
Vista
Outdoor,
Inc.*
6,242
249,930
1,196,156
Life
Sciences
Tools
&
Services
—
0.2%
Adaptive
Biotechnologies
Corp.*
12,401
58,285
Akoya
Biosciences,
Inc.*(a)
2,847
7,260
BioLife
Solutions,
Inc.*
3,793
98,163
ChromaDex
Corp.*
5,244
18,092
Codexis,
Inc.*
7,476
21,606
Conduit
Pharmaceuticals,
Inc.*
2,469
304
CryoPort,
Inc.*
4,656
43,394
Cytek
Biosciences,
Inc.*
12,997
74,603
Harvard
Bioscience,
Inc.*
4,365
12,571
Lifecore
Biomedical,
Inc.*
2,283
9,999
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
11,822
106,989
MaxCyte,
Inc.*
11,201
48,388
Mesa
Laboratories,
Inc.
553
73,931
Nautilus
Biotechnology,
Inc.,
Class
a
A*
5,217
13,564
OmniAb,
Inc.*
9,879
41,393
Pacific
Biosciences
of
California,
Inc.*(a)
29,288
40,125
Quanterix
Corp.*
3,848
50,139
Quantum-Si,
Inc.*(a)
10,725
10,154
Standard
BioTools,
Inc.*
32,304
68,807
797,767
Machinery
—
2.2%
374Water,
Inc.*(a)
6,997
8,117
3D
Systems
Corp.*
13,641
29,192
Alamo
Group,
Inc.
1,097
203,384
Albany
International
Corp.,
Class
a
A
3,340
314,494
Astec
Industries,
Inc.
2,442
82,613
Atmus
Filtration
Technologies,
Inc.
8,973
321,682
Barnes
Group,
Inc.
4,971
199,039
Blue
Bird
Corp.*
3,441
176,110
Chart
Industries,
Inc.*
4,520
553,248
Columbus
McKinnon
Corp.
3,041
104,033
Commercial
Vehicle
Group,
Inc.*
3,524
12,792
Douglas
Dynamics,
Inc.
2,428
67,596
Eastern
Co.
(The)
556
16,741
Energy
Recovery,
Inc.*
6,080
98,739
Enerpac
Tool
Group
Corp.,
Class
a
A
5,825
240,223
Enpro,
Inc.
2,247
361,385
ESCO
Technologies,
Inc.
2,775
332,750
Federal
Signal
Corp.
6,440
608,516
Franklin
Electric
Co.,
Inc.
4,848
503,513
Gencor
Industries,
Inc.*
1,103
22,247
Gorman-Rupp
Co.
(The)
2,243
87,432
Graham
Corp.*
1,097
34,928
Greenbrier
Cos.,
Inc.
(The)
3,285
159,158
Helios
Technologies,
Inc.
3,557
157,184
Hillenbrand,
Inc.
7,518
247,793
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
133
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Hillman
Solutions
Corp.*
21,045
$
209,398
Hyliion
Holdings
Corp.*
15,094
28,226
Hyster-Yale,
Inc.
1,228
77,315
John
Bean
Technologies
Corp.
3,402
305,636
Kadant,
Inc.
1,255
403,018
Kennametal,
Inc.
8,481
219,403
L
B
Foster
Co.,
Class
a
A*
970
19,478
Lindsay
Corp.
1,173
145,511
Luxfer
Holdings
plc
2,871
32,213
Manitowoc
Co.,
Inc.
(The)*
3,730
37,636
Mayville
Engineering
Co.,
Inc.*
1,361
26,281
Miller
Industries,
Inc.
1,186
72,002
Mueller
Industries,
Inc.
11,964
869,902
Mueller
Water
Products,
Inc.,
Class
a
A
16,634
357,132
Nikola
Corp.*
1
7
NN,
Inc.*
4,932
19,432
Omega
Flex,
Inc.
382
18,030
Park-Ohio
Holdings
Corp.
922
27,881
Proto
Labs,
Inc.*
2,747
84,003
REV
Group,
Inc.
5,499
175,088
Shyft
Group,
Inc.
(The)
3,619
51,354
SPX
Technologies,
Inc.*
4,821
786,498
Standex
International
Corp.
1,248
222,955
Taylor
Devices,
Inc.*
257
14,706
Tennant
Co.
2,029
198,172
Terex
Corp.
7,136
405,111
Titan
International,
Inc.*
5,344
44,516
Trinity
Industries,
Inc.
8,753
288,937
Twin
Disc,
Inc.
1,194
15,713
Velo3D,
Inc.*
1
1
Wabash
National
Corp.
4,779
92,999
Watts
Water
Technologies,
Inc.,
Class
a
A
2,933
576,921
10,768,384
Marine
Transportation
—
0.2%
Costamare,
Inc.
4,600
65,274
Genco
Shipping
&
Trading
Ltd.
4,517
79,454
Golden
Ocean
Group
Ltd.
13,026
160,220
Himalaya
Shipping
Ltd.
3,185
24,493
Matson,
Inc.
3,641
503,550
Pangaea
Logistics
Solutions
Ltd.
3,354
22,639
Safe
Bulkers,
Inc.
6,761
34,549
890,179
Media
—
0.4%
Advantage
Solutions,
Inc.*(a)
11,458
44,342
AMC
Networks,
Inc.,
Class
a
A*
3,415
33,638
Boston
Omaha
Corp.,
Class
a
A*
2,642
37,754
Cable
One,
Inc.
602
212,337
Cardlytics,
Inc.*
4,299
16,809
Clear
Channel
Outdoor
Holdings,
Inc.*
37,358
56,037
EchoStar
Corp.,
Class
a
A*
13,031
241,595
Emerald
Holding,
Inc.
1,627
9,030
Entravision
Communications
Corp.,
Class
a
A
6,588
13,703
EW
Scripps
Co.
(The),
Class
a
A*
6,485
12,775
Investments
Shares
Value
Common
Stocks
(continued)
Gambling.com
Group
Ltd.*
1,854
$
18,892
Gannett
Co.,
Inc.*
15,199
80,403
Gray
Television,
Inc.
9,162
46,726
Ibotta,
Inc.,
Class
a
A*
816
46,667
iHeartMedia,
Inc.,
Class
a
A*
11,063
17,258
Innovid
Corp.*
11,407
20,875
Integral
Ad
Science
Holding
Corp.*
7,736
89,970
John
Wiley
&
Sons,
Inc.,
Class
a
A
3,864
186,670
Magnite,
Inc.*
13,469
185,738
National
CineMedia,
Inc.*
7,589
52,288
PubMatic,
Inc.,
Class
a
A*
4,479
69,872
Scholastic
Corp.
2,521
80,370
Sinclair,
Inc.
3,429
47,732
Stagwell,
Inc.,
Class
a
A*
9,702
69,757
TechTarget,
Inc.*
2,769
73,794
TEGNA,
Inc.
18,870
261,916
Thryv
Holdings,
Inc.*
3,406
62,057
Townsquare
Media,
Inc.,
Class
a
A
1,405
14,851
WideOpenWest,
Inc.*
5,275
29,118
2,132,974
Metals
&
Mining
—
1.0%
Alpha
Metallurgical
Resources,
Inc.
1,174
280,762
Arch
Resources,
Inc.
1,883
256,898
Caledonia
Mining
Corp.
plc
1,762
22,871
Carpenter
Technology
Corp.
5,096
737,748
Century
Aluminum
Co.*
5,652
81,163
Coeur
Mining,
Inc.*
42,302
259,734
Commercial
Metals
Co.
12,391
664,034
Compass
Minerals
International,
Inc.
3,697
32,645
Constellium
SE,
Class
a
A*
13,868
232,566
Contango
ORE,
Inc.*(a)
837
18,012
Critical
Metals
Corp.*(a)
785
6,578
Dakota
Gold
Corp.*
7,027
16,303
Haynes
International,
Inc.
1,354
81,430
Hecla
Mining
Co.
61,942
367,316
i-80
Gold
Corp.*
27,760
29,426
Ivanhoe
Electric,
Inc.*
8,949
63,180
Kaiser
Aluminum
Corp.
1,708
127,331
Lifezone
Metals
Ltd.*
3,908
24,073
Materion
Corp.
2,205
255,868
Metallus,
Inc.*
4,585
74,552
Metals
Acquisition
Ltd.,
Class
a
A*
5,766
64,752
Novagold
Resources,
Inc.*
26,112
110,976
Olympic
Steel,
Inc.
1,186
47,559
Perpetua
Resources
Corp.*
4,123
36,695
Piedmont
Lithium,
Inc.*(a)
1,935
15,944
Radius
Recycling,
Inc.,
Class
a
A
2,819
42,680
Ramaco
Resources,
Inc.,
Class
a
A
2,840
34,620
Ramaco
Resources,
Inc.,
Class
a
B
534
6,050
Ryerson
Holding
Corp.
3,110
62,262
SSR
Mining,
Inc.
21,729
112,773
SunCoke
Energy,
Inc.
8,972
80,389
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
134
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Tredegar
Corp.*
2,848
$
17,458
Universal
Stainless
&
Alloy
Products,
Inc.*
929
39,129
Warrior
Met
Coal,
Inc.
5,552
340,393
Worthington
Steel,
Inc.
3,484
123,334
4,767,504
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.6%
AFC
Gamma,
Inc.
1,810
18,933
AG
Mortgage
Investment
Trust,
Inc.
3,083
22,938
Angel
Oak
Mortgage
REIT,
Inc.
1,273
14,385
Apollo
Commercial
Real
Estate
Finance,
Inc.
15,262
161,625
Arbor
Realty
Trust,
Inc.(a)
19,717
268,151
Ares
Commercial
Real
Estate
Corp.
5,722
40,397
ARMOUR
Residential
REIT,
Inc.
5,251
107,383
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
18,588
343,135
BrightSpire
Capital,
Inc.,
Class
a
A
13,830
82,289
Chicago
Atlantic
Real
Estate
Finance,
Inc.
1,808
28,747
Chimera
Investment
Corp.
8,624
133,500
Claros
Mortgage
Trust,
Inc.
9,241
73,928
Dynex
Capital,
Inc.
6,842
86,209
Ellington
Financial,
Inc.
8,842
116,272
Franklin
BSP
Realty
Trust,
Inc.
8,791
119,733
Granite
Point
Mortgage
Trust,
Inc.
5,392
14,181
Invesco
Mortgage
Capital,
Inc.
5,248
46,028
KKR
Real
Estate
Finance
Trust,
Inc.
6,294
75,087
Ladder
Capital
Corp.,
Class
a
A
12,154
150,223
MFA
Financial,
Inc.
10,957
137,182
New
York
Mortgage
Trust,
Inc.
9,715
64,799
Nexpoint
Real
Estate
Finance,
Inc.
876
14,568
Orchid
Island
Capital,
Inc.
5,693
46,683
PennyMac
Mortgage
Investment
Trust
9,306
132,238
Ready
Capital
Corp.
17,304
143,450
Redwood
Trust,
Inc.
14,098
106,722
Seven
Hills
Realty
Trust
1,367
18,960
Sunrise
Realty
Trust,
Inc.*
602
8,482
TPG
RE
Finance
Trust,
Inc.
6,146
55,683
Two
Harbors
Investment
Corp.
11,118
157,431
2,789,342
Multi-Utilities
—
0.2%
Avista
Corp.
8,382
323,881
Black
Hills
Corp.
7,345
434,236
Northwestern
Energy
Group,
Inc.
6,600
358,974
Unitil
Corp.
1,707
102,932
1,220,023
Office
REITs
—
0.4%
Brandywine
Realty
Trust,
REIT
18,145
94,898
City
Office
REIT,
Inc.,
REIT
4,174
24,543
Investments
Shares
Value
Common
Stocks
(continued)
COPT
Defense
Properties,
REIT
12,052
$
359,029
Douglas
Emmett,
Inc.,
REIT
17,290
276,640
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
10,396
136,396
Equity
Commonwealth,
REIT*
11,324
229,538
Franklin
Street
Properties
Corp.,
REIT
10,443
19,006
JBG
SMITH
Properties,
REIT
9,501
165,317
NET
Lease
Office
Properties,
REIT
1,587
48,102
Orion
Office
REIT,
Inc.,
REIT
6,011
24,645
Paramount
Group,
Inc.,
REIT
19,755
99,763
Peakstone
Realty
Trust,
REIT
3,908
52,133
Piedmont
Office
Realty
Trust,
Inc.,
Class
a
A,
REIT
13,221
129,037
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT
2,305
33,399
SL
Green
Realty
Corp.,
REIT
7,114
474,077
2,166,523
Oil,
Gas
&
Consumable
Fuels
—
1.8%
Aemetis,
Inc.*(a)
3,879
9,542
Amplify
Energy
Corp.*
4,197
29,925
Ardmore
Shipping
Corp.
4,437
83,771
Berry
Corp.
8,205
50,789
California
Resources
Corp.
7,384
387,439
Centrus
Energy
Corp.,
Class
a
A*
1,511
59,836
Clean
Energy
Fuels
Corp.*
18,276
56,473
CNX
Resources
Corp.*
16,041
443,854
Comstock
Resources,
Inc.(a)
9,892
105,152
CONSOL
Energy,
Inc.
3,133
320,443
Crescent
Energy
Co.,
Class
a
A
14,780
176,325
CVR
Energy,
Inc.
3,656
92,936
Delek
US
Holdings,
Inc.
6,791
138,670
DHT
Holdings,
Inc.
14,450
156,494
Diversified
Energy
Co.
plc(a)(b)
5,031
61,529
Dorian
LPG
Ltd.
3,708
144,575
Empire
Petroleum
Corp.*(a)
1,502
8,877
Encore
Energy
Corp.*
19,082
69,458
Energy
Fuels,
Inc.*
17,353
85,030
Evolution
Petroleum
Corp.
3,281
16,897
Excelerate
Energy,
Inc.,
Class
a
A
1,867
34,035
FLEX
LNG
Ltd.(a)
3,271
87,205
FutureFuel
Corp.
2,793
17,428
Golar
LNG
Ltd.
10,597
352,774
Granite
Ridge
Resources,
Inc.
5,635
35,782
Green
Plains,
Inc.*
6,821
96,654
Gulfport
Energy
Corp.*
1,387
201,198
Hallador
Energy
Co.*
2,671
17,922
HighPeak
Energy,
Inc.(a)
1,555
25,004
International
Seaways,
Inc.
4,325
224,165
Kinetik
Holdings,
Inc.,
Class
a
A
4,094
181,119
Kosmos
Energy
Ltd.*
50,091
243,943
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
18,545
474,937
Murphy
Oil
Corp.
15,528
578,884
NACCO
Industries,
Inc.,
Class
a
A
443
12,351
NextDecade
Corp.*
12,379
57,686
Nordic
American
Tankers
Ltd.
21,826
81,193
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
135
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Northern
Oil
&
Gas,
Inc.
10,623
$
422,583
Par
Pacific
Holdings,
Inc.*
6,134
137,647
PBF
Energy,
Inc.,
Class
a
A
11,122
378,815
Peabody
Energy
Corp.
13,705
320,834
PrimeEnergy
Resources
Corp.*
72
9,647
REX
American
Resources
Corp.*
1,653
74,964
Riley
Exploration
Permian,
Inc.
1,218
34,713
Ring
Energy,
Inc.*(a)
15,865
29,350
Sable
Offshore
Corp.*
5,401
90,953
SandRidge
Energy,
Inc.
3,442
45,710
Scorpio
Tankers,
Inc.
5,015
358,773
SFL
Corp.
Ltd.
12,068
143,126
Sitio
Royalties
Corp.,
Class
a
A
8,848
196,691
SM
Energy
Co.
12,254
559,150
Talos
Energy,
Inc.*
15,847
181,765
Teekay
Corp.*
6,125
50,899
Teekay
Tankers
Ltd.,
Class
a
A
2,566
145,954
Uranium
Energy
Corp.*
42,113
220,251
Ur-Energy,
Inc.*
29,443
34,448
VAALCO
Energy,
Inc.
11,156
72,626
Verde
Clean
Fuels,
Inc.*(a)
352
1,412
Vital
Energy,
Inc.*
3,062
109,895
Vitesse
Energy,
Inc.
2,675
69,176
W&T
Offshore,
Inc.
10,559
24,180
World
Kinect
Corp.
6,308
181,607
9,115,464
Paper
&
Forest
Products
—
0.1%
Clearwater
Paper
Corp.*
1,737
57,790
Sylvamo
Corp.
3,763
297,616
355,406
Passenger
Airlines
—
0.2%
Allegiant
Travel
Co.
1,662
69,937
Blade
Air
Mobility,
Inc.*
6,058
18,962
Frontier
Group
Holdings,
Inc.*(a)
4,516
16,393
Hawaiian
Holdings,
Inc.*
5,466
94,671
JetBlue
Airways
Corp.*
32,798
166,614
Joby
Aviation,
Inc.*(a)
43,029
215,145
SkyWest,
Inc.*
4,244
329,080
Spirit
Airlines,
Inc.(a)
11,752
30,320
Sun
Country
Airlines
Holdings,
Inc.*
4,228
46,423
Wheels
Up
Experience,
Inc.*(a)
9,605
17,001
1,004,546
Personal
Care
Products
—
0.2%
Beauty
Health
Co.
(The)*(a)
7,968
14,263
Edgewell
Personal
Care
Co.
5,267
211,839
Herbalife
Ltd.*
10,698
87,296
Honest
Co.,
Inc.
(The)*
8,575
40,045
Inter
Parfums,
Inc.
1,951
251,367
Medifast,
Inc.
1,152
21,082
Nature's
Sunshine
Products,
Inc.*
1,379
19,030
Nu
Skin
Enterprises,
Inc.,
Class
a
A
5,311
47,427
Olaplex
Holdings,
Inc.*
14,849
31,034
USANA
Health
Sciences,
Inc.*
1,221
49,841
Investments
Shares
Value
Common
Stocks
(continued)
Veru,
Inc.*
14,141
$
11,573
Waldencast
plc,
Class
a
A*
2,616
8,371
793,168
Pharmaceuticals
—
1.0%
Alimera
Sciences,
Inc.*
2,294
12,686
Alto
Neuroscience,
Inc.*
946
12,118
Amneal
Pharmaceuticals,
Inc.*
17,039
147,558
Amphastar
Pharmaceuticals,
Inc.*
4,120
200,809
ANI
Pharmaceuticals,
Inc.*
1,981
126,289
Aquestive
Therapeutics,
Inc.*
7,952
36,023
Arvinas,
Inc.*
6,878
179,928
Atea
Pharmaceuticals,
Inc.*
8,260
31,801
Avadel
Pharmaceuticals
plc,
ADR*
9,895
150,107
Axsome
Therapeutics,
Inc.*
3,899
346,465
Biote
Corp.,
Class
a
A*
2,890
18,149
Cassava
Sciences,
Inc.*(a)
4,349
124,860
Collegium
Pharmaceutical,
Inc.*
3,488
134,148
Contineum
Therapeutics,
Inc.,
Class
a
A*
742
14,462
Corcept
Therapeutics,
Inc.*
8,659
305,663
CorMedix,
Inc.*(a)
5,879
36,685
Edgewise
Therapeutics,
Inc.*
7,773
145,744
Enliven
Therapeutics,
Inc.*
3,765
82,378
Esperion
Therapeutics,
Inc.*
20,229
37,019
Evolus,
Inc.*
5,919
94,053
EyePoint
Pharmaceuticals,
Inc.*
5,354
47,918
Fulcrum
Therapeutics,
Inc.*
6,643
56,798
Harmony
Biosciences
Holdings,
Inc.*
3,233
116,323
Harrow,
Inc.*
3,271
132,345
Innoviva,
Inc.*
5,927
114,865
Ligand
Pharmaceuticals,
Inc.*
1,820
192,556
Liquidia
Corp.*
6,171
58,686
Longboard
Pharmaceuticals,
Inc.*
3,461
124,873
Lyra
Therapeutics,
Inc.*(a)
5,183
1,667
MediWound
Ltd.*
856
15,742
Mind
Medicine
MindMed,
Inc.*
7,709
46,717
Nektar
Therapeutics,
Class
a
A*
19,117
24,470
Neumora
Therapeutics,
Inc.*
9,004
103,546
Nuvation
Bio,
Inc.*
19,216
61,876
Ocular
Therapeutix,
Inc.*
16,660
146,941
Omeros
Corp.*(a)
5,986
25,201
Pacira
BioSciences,
Inc.*
4,906
76,337
Phathom
Pharmaceuticals,
Inc.*(a)
3,650
60,298
Phibro
Animal
Health
Corp.,
Class
a
A
2,186
45,906
Pliant
Therapeutics,
Inc.*
6,102
81,096
Prestige
Consumer
Healthcare,
Inc.*
5,302
395,741
Revance
Therapeutics,
Inc.*
11,150
73,256
Scilex
Holding
Co.*
4,873
5,604
scPharmaceuticals,
Inc.*
3,038
15,463
SIGA
Technologies,
Inc.
4,959
44,780
Supernus
Pharmaceuticals,
Inc.*
5,376
189,020
Tarsus
Pharmaceuticals,
Inc.*
3,938
106,759
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
136
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Telomir
Pharmaceuticals,
Inc.*(a)
515
$
2,699
Terns
Pharmaceuticals,
Inc.*
6,162
46,954
Theravance
Biopharma,
Inc.*
3,932
32,439
Third
Harmonic
Bio,
Inc.*(a)
2,126
24,555
Trevi
Therapeutics,
Inc.*
6,286
19,864
Ventyx
Biosciences,
Inc.*
6,506
14,508
Verrica
Pharmaceuticals,
Inc.*(a)
2,026
4,761
WaVe
Life
Sciences
Ltd.*
8,291
47,590
Xeris
Biopharma
Holdings,
Inc.*
15,012
42,184
Zevra
Therapeutics,
Inc.*
4,505
34,463
4,871,746
Professional
Services
—
1.3%
Alight,
Inc.,
Class
a
A*
50,856
379,386
Asure
Software,
Inc.*
2,536
21,784
Barrett
Business
Services,
Inc.
2,745
100,220
BlackSky
Technology,
Inc.,
Class
a
A*(a)
11,398
12,652
CBIZ,
Inc.*
5,129
377,494
Conduent,
Inc.*
17,267
65,960
CRA
International,
Inc.
713
120,212
CSG
Systems
International,
Inc.
3,170
153,808
DLH
Holdings
Corp.*
910
9,901
ExlService
Holdings,
Inc.*
16,832
615,041
Exponent,
Inc.
5,411
585,849
First
Advantage
Corp.*
5,442
104,214
FiscalNote
Holdings,
Inc.*
6,451
8,386
Forrester
Research,
Inc.*
1,281
24,570
Franklin
Covey
Co.*
1,220
49,117
Heidrick
&
Struggles
International,
Inc.
2,157
83,260
HireQuest,
Inc.
592
8,430
Huron
Consulting
Group,
Inc.*
1,907
210,609
IBEX
Holdings
Ltd.*
960
16,550
ICF
International,
Inc.
1,999
331,354
Innodata,
Inc.*(a)
2,895
50,026
Insperity,
Inc.
3,847
361,580
Kelly
Services,
Inc.,
Class
a
A
3,317
70,022
Kforce,
Inc.
2,000
131,180
Korn
Ferry
5,560
406,158
Legalzoom.com,
Inc.*
14,758
99,469
Maximus,
Inc.
6,531
602,550
Mistras
Group,
Inc.*
2,223
26,587
NV5
Global,
Inc.*
1,530
147,079
Planet
Labs
PBC*
18,043
48,536
Resources
Connection,
Inc.
3,465
36,140
Spire
Global,
Inc.*(a)
2,388
20,489
Sterling
Check
Corp.*
3,544
57,377
TriNet
Group,
Inc.
3,483
358,157
TrueBlue,
Inc.*
3,282
26,158
TTEC
Holdings,
Inc.
2,096
10,711
Upwork,
Inc.*
13,340
128,598
Verra
Mobility
Corp.,
Class
a
A*
17,828
492,231
Willdan
Group,
Inc.*
1,350
51,448
WNS
Holdings
Ltd.*
4,962
293,750
6,697,043
Real
Estate
Management
&
Development
—
0.4%
American
Realty
Investors,
Inc.*
162
3,080
Investments
Shares
Value
Common
Stocks
(continued)
Anywhere
Real
Estate,
Inc.*
10,511
$
51,399
Compass,
Inc.,
Class
a
A*
39,040
200,275
Cushman
&
Wakefield
plc*
24,517
318,721
DigitalBridge
Group,
Inc.
17,021
212,592
eXp
World
Holdings,
Inc.(a)
8,672
101,983
Forestar
Group,
Inc.*
2,033
62,901
FRP
Holdings,
Inc.*
1,425
42,208
Kennedy-Wilson
Holdings,
Inc.
12,174
135,375
Marcus
&
Millichap,
Inc.
2,514
99,730
Maui
Land
&
Pineapple
Co.,
Inc.*
815
21,198
Newmark
Group,
Inc.,
Class
a
A
14,625
202,264
Offerpad
Solutions,
Inc.*(a)
1,120
4,357
Opendoor
Technologies,
Inc.*
66,345
142,642
RE/MAX
Holdings,
Inc.,
Class
a
A*
1,912
21,644
Real
Brokerage,
Inc.
(The)*
10,187
63,465
Redfin
Corp.*
12,556
117,273
RMR
Group,
Inc.
(The),
Class
a
A
1,657
42,237
St
Joe
Co.
(The)
3,864
229,406
Star
Holdings*
1,387
18,586
Stratus
Properties,
Inc.*
600
15,642
Tejon
Ranch
Co.*
2,240
40,073
Transcontinental
Realty
Investors,
Inc.*
133
3,999
2,151,050
Residential
REITs
—
0.3%
Apartment
Investment
and
Management
Co.,
Class
a
A,
REIT*
15,231
141,648
BRT
Apartments
Corp.,
REIT
1,205
22,883
Centerspace,
REIT
1,593
119,157
Clipper
Realty,
Inc.,
REIT
1,272
6,258
Elme
Communities,
REIT
9,426
166,463
Independence
Realty
Trust,
Inc.,
REIT
24,199
502,855
NexPoint
Residential
Trust,
Inc.,
REIT
2,431
114,986
UMH
Properties,
Inc.,
REIT
6,837
133,048
Veris
Residential,
Inc.,
REIT
8,407
147,459
1,354,757
Retail
REITs
—
0.7%
Acadia
Realty
Trust,
REIT
10,819
243,536
Alexander's,
Inc.,
REIT
230
52,707
CBL
&
Associates
Properties,
Inc.,
REIT(a)
2,434
64,258
Getty
Realty
Corp.,
REIT
5,295
168,275
InvenTrust
Properties
Corp.,
REIT
7,297
216,575
Kite
Realty
Group
Trust,
REIT
23,254
606,464
Macerich
Co.
(The),
REIT
23,199
370,488
NETSTREIT
Corp.,
REIT
7,896
131,784
Phillips
Edison
&
Co.,
Inc.,
REIT
13,144
485,802
Retail
Opportunity
Investments
Corp.,
REIT
13,270
202,898
Saul
Centers,
Inc.,
REIT
1,127
46,004
SITE
Centers
Corp.,
REIT
5,084
306,820
Tanger,
Inc.,
REIT
11,400
347,016
Urban
Edge
Properties,
REIT
12,828
271,312
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
137
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Whitestone
REIT,
REIT
5,235
$
70,254
3,584,193
Semiconductors
&
Semiconductor
Equipment
—
1.3%
ACM
Research,
Inc.,
Class
a
A*
5,455
98,408
Aehr
Test
Systems*
2,963
45,067
Alpha
&
Omega
Semiconductor
Ltd.*
2,484
103,856
Ambarella,
Inc.*
4,058
242,263
Axcelis
Technologies,
Inc.*
3,489
381,452
CEVA,
Inc.*
2,495
59,730
Cohu,
Inc.*
4,960
133,474
Credo
Technology
Group
Holding
Ltd.*
13,630
475,823
Diodes,
Inc.*
4,882
340,227
Everspin
Technologies,
Inc.*
2,085
11,614
FormFactor,
Inc.*
8,291
404,352
GCT
Semiconductor
Holding,
Inc.*
811
2,271
Ichor
Holdings
Ltd.*
3,485
108,035
Impinj,
Inc.*
2,421
406,970
indie
Semiconductor,
Inc.,
Class
a
A*
17,563
72,886
Kulicke
&
Soffa
Industries,
Inc.
5,872
257,252
MaxLinear,
Inc.,
Class
a
A*
8,458
128,392
Navitas
Semiconductor
Corp.,
Class
a
A*(a)
13,510
40,800
NVE
Corp.
511
42,796
PDF
Solutions,
Inc.*
3,331
105,093
Photronics,
Inc.*
6,599
170,650
Power
Integrations,
Inc.
6,059
406,559
QuickLogic
Corp.*(a)
1,475
12,390
Rambus,
Inc.*
11,656
521,256
Rigetti
Computing,
Inc.*(a)
15,148
13,882
Semtech
Corp.*
6,936
303,936
Silicon
Laboratories,
Inc.*
3,395
401,866
SiTime
Corp.*
1,969
284,836
SkyWater
Technology,
Inc.*(a)
2,915
26,148
SMART
Global
Holdings,
Inc.*
5,507
114,105
Synaptics,
Inc.*
4,174
339,847
Ultra
Clean
Holdings,
Inc.*
4,741
178,736
Veeco
Instruments,
Inc.*
5,951
211,201
6,446,173
Software
—
3.3%
8x8,
Inc.*
12,522
23,541
A10
Networks,
Inc.
7,590
104,514
ACI
Worldwide,
Inc.*
11,293
568,715
Adeia,
Inc.
11,650
146,790
Agilysys,
Inc.*
2,369
267,934
Airship
AI
Holdings,
Inc.*(a)
330
1,026
Alarm.com
Holdings,
Inc.*
5,166
307,584
Alkami
Technology,
Inc.*
4,717
157,265
Altair
Engineering,
Inc.,
Class
a
A*
6,120
553,003
American
Software,
Inc.,
Class
a
A
3,364
38,720
Amplitude,
Inc.,
Class
a
A*
8,179
72,057
Appian
Corp.,
Class
a
A*
4,311
139,849
Arteris,
Inc.*
2,954
25,345
Asana,
Inc.,
Class
a
A*
8,498
119,482
Investments
Shares
Value
Common
Stocks
(continued)
AudioEye,
Inc.*(a)
748
$
18,109
Aurora
Innovation,
Inc.,
Class
a
A*
98,835
461,559
AvePoint,
Inc.*
13,585
156,907
Bit
Digital,
Inc.*
12,528
40,340
Blackbaud,
Inc.*
4,417
369,261
BlackLine,
Inc.*
6,179
306,169
Blend
Labs,
Inc.,
Class
a
A*
24,722
90,730
Box,
Inc.,
Class
a
A*
15,080
491,608
Braze,
Inc.,
Class
a
A*
5,608
251,126
C3.ai,
Inc.,
Class
a
A*
8,850
206,559
Cerence,
Inc.*
4,406
14,540
Cipher
Mining,
Inc.*
18,482
64,872
Cleanspark,
Inc.*
23,727
253,642
Clear
Secure,
Inc.,
Class
a
A
9,401
285,696
Clearwater
Analytics
Holdings,
Inc.,
Class
a
A*
14,990
371,452
CommVault
Systems,
Inc.*
4,672
726,029
Consensus
Cloud
Solutions,
Inc.*
1,927
46,421
CS
Disco,
Inc.*
3,145
17,392
Daily
Journal
Corp.*
152
75,561
Dave,
Inc.*
834
31,358
Digimarc
Corp.*
1,625
46,621
Digital
Turbine,
Inc.*
10,278
33,095
Domo,
Inc.,
Class
a
B*
3,622
27,056
D-Wave
Quantum,
Inc.*(a)
9,378
9,472
E2open
Parent
Holdings,
Inc.*
18,276
81,876
eGain
Corp.*
2,171
15,566
Enfusion,
Inc.,
Class
a
A*
5,181
42,950
Envestnet,
Inc.*
5,424
340,356
EverCommerce,
Inc.*
2,284
24,462
Freshworks,
Inc.,
Class
a
A*
21,829
254,963
Hut
8
Corp.*
8,584
86,784
iLearningEngines
Holdings,
Inc.*(a)
3,139
4,363
Instructure
Holdings,
Inc.*
2,363
55,365
Intapp,
Inc.*
4,180
193,116
InterDigital,
Inc.
2,707
375,082
Jamf
Holding
Corp.*
7,941
146,909
Kaltura,
Inc.*
10,295
14,001
LiveRamp
Holdings,
Inc.*
6,976
180,818
Marathon
Digital
Holdings,
Inc.*(a)
29,275
488,893
Matterport,
Inc.*
28,045
127,044
MeridianLink,
Inc.*
2,887
65,910
Mitek
Systems,
Inc.*
4,958
46,209
N-able,
Inc.*
7,650
98,379
NCR
Voyix
Corp.*
15,579
210,161
NextNav,
Inc.*(a)
8,031
61,598
Olo,
Inc.,
Class
a
A*
11,214
58,874
ON24,
Inc.*
2,953
19,047
OneSpan,
Inc.*
4,055
65,367
Ooma,
Inc.*
2,646
27,518
Pagaya
Technologies
Ltd.,
Class
a
A*
4,325
65,135
PagerDuty,
Inc.*
9,557
189,037
Porch
Group,
Inc.*
8,264
11,900
PowerSchool
Holdings,
Inc.,
Class
a
A*
6,374
144,754
Prairie
Operating
Co.*
448
3,907
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
138
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Progress
Software
Corp.
4,598
$
267,374
PROS
Holdings,
Inc.*
4,895
98,536
Q2
Holdings,
Inc.*
6,300
467,523
Qualys,
Inc.*
3,978
497,926
Rapid7,
Inc.*
6,626
250,529
Red
Violet,
Inc.*
1,180
34,102
Rekor
Systems,
Inc.*
7,606
9,508
ReposiTrak,
Inc.
1,253
24,371
Rimini
Street,
Inc.*
5,682
10,000
Riot
Platforms,
Inc.*
29,059
218,814
Roadzen,
Inc.*
1,621
3,437
Sapiens
International
Corp.
NV
3,296
119,941
SEMrush
Holdings,
Inc.,
Class
a
A*
3,884
53,366
SolarWinds
Corp.
5,829
74,553
SoundHound
AI,
Inc.,
Class
a
A*(a)
30,386
148,588
SoundThinking,
Inc.*
1,063
14,988
Sprinklr,
Inc.,
Class
a
A*
11,010
98,760
Sprout
Social,
Inc.,
Class
a
A*
5,287
164,426
SPS
Commerce,
Inc.*
3,983
795,564
Telos
Corp.*
6,025
21,991
Tenable
Holdings,
Inc.*
12,626
521,201
Terawulf,
Inc.*
24,641
107,435
Varonis
Systems,
Inc.,
Class
a
B*
11,804
668,106
Verint
Systems,
Inc.*
6,610
208,546
Vertex,
Inc.,
Class
a
A*
5,813
224,905
Viant
Technology,
Inc.,
Class
a
A*
1,667
18,554
Weave
Communications,
Inc.*
4,193
47,297
WM
Technology,
Inc.*
8,939
8,844
Workiva,
Inc.,
Class
a
A*
5,404
422,431
Xperi,
Inc.*
4,816
42,477
Yext,
Inc.*
11,222
57,120
Zeta
Global
Holdings
Corp.,
Class
a
A*
17,609
465,054
Zuora,
Inc.,
Class
a
A*
13,871
121,926
16,709,937
Specialized
REITs
—
0.3%
Farmland
Partners,
Inc.,
REIT
4,711
48,241
Four
Corners
Property
Trust,
Inc.,
REIT
9,823
278,482
Gladstone
Land
Corp.,
REIT
3,599
48,838
Outfront
Media,
Inc.,
REIT
15,849
270,225
PotlatchDeltic
Corp.,
REIT
8,505
369,627
Safehold,
Inc.,
REIT
5,545
138,958
Uniti
Group,
Inc.,
REIT
25,610
111,660
1,266,031
Specialty
Retail
—
1.3%
1-800-Flowers.com,
Inc.,
Class
a
A*
2,770
22,243
Aaron's
Co.,
Inc.
(The)
3,322
33,519
Abercrombie
&
Fitch
Co.,
Class
a
A*
5,386
794,812
Academy
Sports
&
Outdoors,
Inc.
7,740
429,415
aka
Brands
Holding
Corp.*
64
1,422
American
Eagle
Outfitters,
Inc.
19,528
401,886
America's
Car-Mart,
Inc.*
646
39,102
Investments
Shares
Value
Common
Stocks
(continued)
Arhaus,
Inc.,
Class
a
A
5,487
$
67,545
Arko
Corp.
8,618
53,949
Asbury
Automotive
Group,
Inc.*
2,167
532,302
BARK,
Inc.*
14,195
23,706
Beyond,
Inc.*
4,883
48,000
Boot
Barn
Holdings,
Inc.*
3,168
425,051
Buckle,
Inc.
(The)
3,308
138,605
Build-A-Bear
Workshop,
Inc.
1,382
46,131
Caleres,
Inc.
3,657
154,069
Camping
World
Holdings,
Inc.,
Class
a
A
4,534
99,476
Citi
Trends,
Inc.*
860
12,298
Designer
Brands,
Inc.,
Class
a
A
4,502
29,893
Destination
XL
Group,
Inc.*
5,738
15,780
EVgo,
Inc.,
Class
a
A*(a)
10,785
48,856
Foot
Locker,
Inc.
8,933
278,174
Genesco,
Inc.*
1,153
34,809
Group
1
Automotive,
Inc.
1,419
534,622
GrowGeneration
Corp.*
6,231
12,151
Haverty
Furniture
Cos.,
Inc.
1,543
42,278
J
Jill,
Inc.
506
16,460
Lands'
End,
Inc.*
1,519
23,529
Leslie's,
Inc.*
19,241
58,108
MarineMax,
Inc.*
2,314
73,400
Monro,
Inc.
3,200
86,688
National
Vision
Holdings,
Inc.*
8,332
87,986
ODP
Corp.
(The)*
3,817
117,755
OneWater
Marine,
Inc.,
Class
a
A*
1,280
30,758
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
8,887
28,350
RealReal,
Inc.
(The)*
10,478
27,662
Revolve
Group,
Inc.,
Class
a
A*
4,107
94,132
RumbleON,
Inc.,
Class
a
B*(a)
1,717
7,675
Sally
Beauty
Holdings,
Inc.*
11,176
145,847
Shoe
Carnival,
Inc.
1,911
77,281
Signet
Jewelers
Ltd.
4,573
384,589
Sleep
Number
Corp.*
2,308
35,105
Sonic
Automotive,
Inc.,
Class
a
A
1,560
97,250
Stitch
Fix,
Inc.,
Class
a
A*
9,625
36,383
ThredUp,
Inc.,
Class
a
A*
8,425
7,701
Tile
Shop
Holdings,
Inc.*
3,068
19,328
Tilly's,
Inc.,
Class
a
A*
1,583
8,485
Torrid
Holdings,
Inc.*
1,309
8,639
Upbound
Group,
Inc.
5,743
191,242
Urban
Outfitters,
Inc.*
6,859
249,119
Victoria's
Secret
&
Co.*
8,404
197,158
Warby
Parker,
Inc.,
Class
a
A*
9,333
139,248
Winmark
Corp.
311
112,147
Zumiez,
Inc.*
1,760
48,822
6,730,941
Technology
Hardware,
Storage
&
Peripherals
—
0.1%
CompoSecure,
Inc.,
Class
a
A(a)
1,897
22,252
Corsair
Gaming,
Inc.*
4,784
33,345
CPI
Card
Group,
Inc.*
535
15,322
Diebold
Nixdorf,
Inc.*
2,705
121,238
Eastman
Kodak
Co.*
6,480
34,214
Immersion
Corp.
3,238
30,437
IonQ,
Inc.*(a)
21,242
157,616
Turtle
Beach
Corp.*
1,834
28,647
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
139
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Xerox
Holdings
Corp.
12,457
$
141,138
584,209
Textiles,
Apparel
&
Luxury
Goods
—
0.3%
Figs,
Inc.,
Class
a
A*
13,909
85,819
G-III
Apparel
Group
Ltd.*
4,329
114,589
Hanesbrands,
Inc.*
37,829
240,214
Kontoor
Brands,
Inc.
5,960
446,106
Movado
Group,
Inc.
1,616
38,558
Oxford
Industries,
Inc.
1,585
137,863
Rocky
Brands,
Inc.
777
25,050
Steven
Madden
Ltd.
7,763
350,111
Superior
Group
of
Cos.,
Inc.
1,392
20,156
Vera
Bradley,
Inc.*
2,865
16,703
Wolverine
World
Wide,
Inc.
8,500
116,535
1,591,704
Tobacco
—
0.1%
Ispire
Technology,
Inc.*
2,056
14,885
Turning
Point
Brands,
Inc.
1,834
72,700
Universal
Corp.
2,572
139,660
Vector
Group
Ltd.
15,727
235,590
462,835
Trading
Companies
&
Distributors
—
1.3%
Alta
Equipment
Group,
Inc.
2,873
19,364
Applied
Industrial
Technologies,
Inc.
4,118
844,684
Beacon
Roofing
Supply,
Inc.*
6,819
617,801
BlueLinx
Holdings,
Inc.*
907
91,280
Boise
Cascade
Co.
4,240
575,029
Custom
Truck
One
Source,
Inc.*
5,463
22,398
Distribution
Solutions
Group,
Inc.*
1,143
42,542
DNOW,
Inc.*
11,548
150,355
DXP
Enterprises,
Inc.*
1,336
73,480
EVI
Industries,
Inc.
556
9,191
FTAI
Aviation
Ltd.
10,667
1,363,366
GATX
Corp.
3,822
539,284
Global
Industrial
Co.
1,460
48,910
GMS,
Inc.*
4,288
372,156
H&E
Equipment
Services,
Inc.
3,453
166,262
Herc
Holdings,
Inc.
3,014
441,159
Hudson
Technologies,
Inc.*
4,758
39,111
Karat
Packaging,
Inc.
731
18,524
McGrath
RentCorp
2,613
282,596
MRC
Global,
Inc.*
9,023
118,743
Rush
Enterprises,
Inc.,
Class
a
A
6,513
343,235
Rush
Enterprises,
Inc.,
Class
a
B
944
44,406
Titan
Machinery,
Inc.*
2,214
33,454
Transcat,
Inc.*
929
114,694
Willis
Lease
Finance
Corp.
327
35,378
Xometry,
Inc.,
Class
a
A*
4,505
88,478
6,495,880
Transportation
Infrastructure
—
0.0%(c)
Sky
Harbour
Group
Corp.*(a)
1,213
14,981
Investments
Shares
Value
Common
Stocks
(continued)
Water
Utilities
—
0.2%
American
States
Water
Co.
3,991
$
324,947
Cadiz,
Inc.*
4,511
15,202
California
Water
Service
Group
6,197
342,880
Consolidated
Water
Co.
Ltd.
1,607
44,610
Global
Water
Resources,
Inc.
1,240
15,736
Middlesex
Water
Co.
1,893
119,278
Pure
Cycle
Corp.*
2,226
23,707
SJW
Group
3,465
204,401
York
Water
Co.
(The)
1,534
59,795
1,150,556
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
6,934
55,264
Spok
Holdings,
Inc.
1,957
29,101
Telephone
and
Data
Systems,
Inc.
10,559
249,403
333,768
Total
Common
Stocks
(Cost
$246,724,797)
283,441,536
Number
of
Rights
Rights
—
0.0%(c)
Biotechnology
—
0.0%(c)
Aduro
Biotech,
Inc.,
CVR*(d)
899
—
Cartesian
Therapeutics,
Inc.*(d)
9,359
1,685
Chinook
Therape,
CVR*(d)
4,511
—
Oncternal
Therapeutics,
Inc.,
CVR*(d)
23
—
Tobira
Therapeutics,
Inc.,
CVR*(d)
218
—
1,685
Food
Products
—
0.0%(c)
Prevail
Therape,
CVR*(d)
1,074
537
Total
Rights
(Cost
$3,929)
2,222
Shares
Securities
Lending
Reinvestments
(e)
—
0.9%
Investment
Companies
—
0.9%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(f)
(Cost
$4,563,612)
4,563,612
4,563,612
Principal
Amount
Short-Term
Investments
—
28.0%
Repurchase
Agreements
(g)
—
4.3%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$21,458,281
(Cost
$21,445,687)
$
21,445,687
21,445,687
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
140
URTY
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(h)
—
23.7%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(i)
$
20,000,000
$
19,939,537
5.22%,
11/12/2024
(i)
25,000,000
24,757,674
5.19%,
11/14/2024
(i)
25,000,000
24,750,500
5.19%,
11/19/2024
(i)
50,000,000
49,467,416
Total
U.S.
Treasury
Obligations
(Cost
$118,854,587)
118,915,127
Total
Short-Term
Investments
(Cost
$140,300,274)
140,360,814
Total
Investments
—
85.4%
(Cost
$391,592,612)
428,368,184
Other
assets
less
liabilities
—
14.6%
73,232,895
Net
Assets
—
100.0%
$
501,601,079
*
Non-income
producing
security.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$4,814,226,
collateralized
in
the
form
of
cash
with
a
value
of
$4,563,623
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$546,168
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
September
26,
2024
–
November
15,
2052.
The
total
value
of
collateral
is
$5,109,791.
(b)
Security
exempt
from
registration
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933.
Regulation
S
applies
to
securities
offerings
that
are
made
outside
of
the
United
States
and
do
not
involve
direct
selling
efforts
in
the
United
States
and
as
such
may
have
restrictions
on
resale.
(c)
Represents
less
than
0.05%
of
net
assets.
(d)
Illiquid
security.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$4,563,612.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(h)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$63,600,481.
(i)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Rights
-
No
defined
expiration
REIT
Real
Estate
Investment
Trust
Futures
Contracts
Purchased
UltraPro
Russell2000
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Russell
2000
E-Mini
Index
357
9/20/2024
U.S.
Dollar
$
39,682,335
$
1,407,931
Swap
Agreements
UltraPro
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
313,209,191
3/6/2025
Bank
of
America
NA
5.68%
Russell
2000
®
Index
6,747,326
168,477,786
11/6/2025
Barclays
Capital
6.03%
Russell
2000
®
Index
8,907,550
205,248,310
2/11/2025
BNP
Paribas
SA
5.58%
Russell
2000
®
Index
11,631,882
133,995,858
11/6/2025
Citibank
NA
5.88%
Russell
2000
®
Index
9,672,799
84,760,036
3/6/2025
Goldman
Sachs
International
5.88%
Russell
2000
®
Index
24,042,921
57,458,793
11/6/2025
Morgan
Stanley
&
Co.
International
plc
5.83%
Russell
2000
®
Index
9,104,553
133,614,425
3/6/2026
Societe
Generale
6.08%
Russell
2000
®
Index
4,872,752
84,921,923
11/7/2024
UBS
AG
6.03%
Russell
2000
®
Index
(1,233,017)
1,181,686,322
73,746,766
Total
Unrealized
Appreciation
74,979,783
Total
Unrealized
Depreciation
(1,233,017)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
141
UPRO
::
Investments
Shares
Value
Common
Stocks
—
50
.1
%
Aerospace
&
Defense
—
1.0%
Axon
Enterprise,
Inc.*
2,828
$
1,032,135
Boeing
Co.
(The)*
23,206
4,031,810
General
Dynamics
Corp.
9,154
2,740,341
General
Electric
Co.
44,044
7,690,963
Howmet
Aerospace,
Inc.
15,561
1,504,126
Huntington
Ingalls
Industries,
Inc.
1,602
452,998
L3Harris
Technologies,
Inc.
7,652
1,810,999
Lockheed
Martin
Corp.
8,611
4,891,909
Northrop
Grumman
Corp.
5,550
2,903,816
RTX
Corp.
53,485
6,596,840
Textron,
Inc.
7,693
701,602
TransDigm
Group,
Inc.
2,205
3,027,928
37,385,467
Air
Freight
&
Logistics
—
0.2%
CH
Robinson
Worldwide,
Inc.
4,661
482,460
Expeditors
International
of
Washington,
Inc.
5,621
693,688
FedEx
Corp.
9,112
2,722,392
United
Parcel
Service,
Inc.,
Class
a
B
29,294
3,765,744
7,664,284
Automobile
Components
—
0.0%(a)
Aptiv
plc*
10,954
783,540
BorgWarner,
Inc.
9,175
312,592
1,096,132
Automobiles
—
0.7%
Ford
Motor
Co.
157,744
1,765,155
General
Motors
Co.
45,886
2,284,205
Tesla,
Inc.*
111,606
23,895,961
27,945,321
Banks
—
1.7%
Bank
of
America
Corp.
273,740
11,154,905
Citigroup,
Inc.
76,733
4,806,555
Citizens
Financial
Group,
Inc.
18,352
790,053
Fifth
Third
Bancorp
27,468
1,172,609
Huntington
Bancshares,
Inc.
58,368
873,769
JPMorgan
Chase
&
Co.
115,569
25,979,911
KeyCorp
37,914
646,813
M&T
Bank
Corp.
6,727
1,157,784
PNC
Financial
Services
Group,
Inc.
(The)
15,943
2,950,890
Regions
Financial
Corp.
36,900
864,198
Truist
Financial
Corp.
53,839
2,393,682
US
Bancorp
62,718
2,962,171
Wells
Fargo
&
Co.
140,270
8,201,587
63,954,927
Beverages
—
0.7%
Brown-Forman
Corp.,
Class
a
B
7,228
329,525
Coca-Cola
Co.
(The)
155,953
11,301,914
Constellation
Brands,
Inc.,
Class
a
A
6,419
1,545,118
Investments
Shares
Value
Common
Stocks
(continued)
Keurig
Dr
Pepper,
Inc.
42,004
$
1,537,766
Molson
Coors
Beverage
Co.,
Class
a
B
7,347
396,518
Monster
Beverage
Corp.*
28,479
1,342,215
PepsiCo,
Inc.
55,288
9,558,189
26,011,245
Biotechnology
—
1.0%
AbbVie,
Inc.
71,077
13,953,126
Amgen,
Inc.
21,594
7,208,725
Biogen,
Inc.*
5,905
1,209,108
Gilead
Sciences,
Inc.
50,173
3,963,667
Incyte
Corp.*
6,288
412,870
Moderna,
Inc.*
13,403
1,037,392
Regeneron
Pharmaceuticals,
Inc.*
4,229
5,010,054
Vertex
Pharmaceuticals,
Inc.*
10,383
5,148,826
37,943,768
Broadline
Retail
—
1.8%
Amazon.com,
Inc.*
368,458
65,769,753
eBay,
Inc.
20,364
1,203,512
Etsy,
Inc.*
4,655
256,444
67,229,709
Building
Products
—
0.3%
A
O
Smith
Corp.
4,906
410,730
Allegion
plc
3,586
497,880
Builders
FirstSource,
Inc.*
4,965
863,910
Carrier
Global
Corp.
33,690
2,451,958
Johnson
Controls
International
plc
27,049
1,970,520
Masco
Corp.
8,776
698,219
Trane
Technologies
plc
9,110
3,294,723
10,187,940
Capital
Markets
—
1.5%
Ameriprise
Financial,
Inc.
4,060
1,824,727
Bank
of
New
York
Mellon
Corp.
(The)
30,106
2,053,831
BlackRock,
Inc.
5,573
5,025,787
Blackstone,
Inc.
28,789
4,098,402
Cboe
Global
Markets,
Inc.
4,183
859,188
Charles
Schwab
Corp.
(The)
60,014
3,906,911
CME
Group,
Inc.
14,560
3,141,174
FactSet
Research
Systems,
Inc.
1,542
652,019
Franklin
Resources,
Inc.
12,050
243,892
Goldman
Sachs
Group,
Inc.
(The)
12,972
6,618,963
Intercontinental
Exchange,
Inc.
23,169
3,742,952
Invesco
Ltd.
18,112
309,534
KKR
&
Co.,
Inc.
26,828
3,320,502
MarketAxess
Holdings,
Inc.
1,533
371,584
Moody's
Corp.
6,359
3,101,539
Morgan
Stanley
50,301
5,211,687
MSCI,
Inc.,
Class
a
A
3,157
1,832,923
Nasdaq,
Inc.
16,675
1,201,934
Northern
Trust
Corp.
8,251
752,574
Raymond
James
Financial,
Inc.
7,440
889,601
S&P
Global,
Inc.
12,867
6,603,859
ULTRAPRO
S&P500
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31,
2024
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142
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::
Investments
Shares
Value
Common
Stocks
(continued)
State
Street
Corp.
12,203
$
1,062,881
T.
Rowe
Price
Group,
Inc.
9,007
955,102
57,781,566
Chemicals
—
0.7%
Air
Products
and
Chemicals,
Inc.
8,952
2,496,265
Albemarle
Corp.(b)
4,682
422,550
Celanese
Corp.,
Class
a
A
4,114
537,288
CF
Industries
Holdings,
Inc.
7,400
614,866
Corteva,
Inc.
27,989
1,603,770
Dow,
Inc.
28,328
1,517,814
DuPont
de
Nemours,
Inc.
16,881
1,422,224
Eastman
Chemical
Co.
4,691
480,218
Ecolab,
Inc.
10,244
2,593,576
FMC
Corp.
4,966
320,704
International
Flavors
&
Fragrances,
Inc.
10,176
1,058,202
Linde
plc
19,308
9,234,051
LyondellBasell
Industries
NV,
Class
a
A
10,345
1,021,052
Mosaic
Co.
(The)
12,921
369,153
PPG
Industries,
Inc.
9,482
1,230,100
Sherwin-Williams
Co.
(The)
9,383
3,465,799
28,387,632
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
3,548
2,856,566
Copart,
Inc.*
35,177
1,862,974
Republic
Services,
Inc.,
Class
a
A
8,255
1,718,773
Rollins,
Inc.
11,288
566,432
Veralto
Corp.
8,746
983,313
Waste
Management,
Inc.
14,647
3,105,750
11,093,808
Communications
Equipment
—
0.4%
Arista
Networks,
Inc.*
10,228
3,614,370
Cisco
Systems,
Inc.
162,926
8,234,280
F5,
Inc.*
2,332
473,746
Juniper
Networks,
Inc.
13,152
511,350
Motorola
Solutions,
Inc.
6,724
2,972,277
15,806,023
Construction
&
Engineering
—
0.0%(a)
Quanta
Services,
Inc.
5,939
1,633,997
Construction
Materials
—
0.1%
Martin
Marietta
Materials,
Inc.
2,481
1,325,251
Vulcan
Materials
Co.
5,377
1,318,494
2,643,745
Consumer
Finance
—
0.3%
American
Express
Co.
22,847
5,909,377
Capital
One
Financial
Corp.
15,438
2,268,305
Discover
Financial
Services
10,085
1,398,890
Synchrony
Financial
16,096
808,985
10,385,557
Investments
Shares
Value
Common
Stocks
(continued)
Consumer
Staples
Distribution
&
Retail
—
1.0%
Costco
Wholesale
Corp.
17,894
$
15,968,248
Dollar
General
Corp.
8,745
725,573
Dollar
Tree,
Inc.*
8,374
707,519
Kroger
Co.
(The)
27,002
1,436,776
Sysco
Corp.
20,043
1,562,753
Target
Corp.
18,631
2,862,094
Walgreens
Boots
Alliance,
Inc.
28,844
266,807
Walmart,
Inc.
171,894
13,275,374
36,805,144
Containers
&
Packaging
—
0.1%
Amcor
plc
58,096
664,618
Avery
Dennison
Corp.
3,197
709,254
Ball
Corp.
12,485
796,668
International
Paper
Co.
14,062
680,882
Packaging
Corp.
of
America
3,547
743,238
Smurfit
WestRock
plc
20,618
977,706
4,572,366
Distributors
—
0.1%
Genuine
Parts
Co.
5,558
796,239
LKQ
Corp.
10,663
443,474
Pool
Corp.
1,553
546,066
1,785,779
Diversified
Telecommunication
Services
—
0.3%
AT&T,
Inc.
288,530
5,741,747
Verizon
Communications,
Inc.
169,384
7,076,863
12,818,610
Electric
Utilities
—
0.8%
Alliant
Energy
Corp.
10,312
600,880
American
Electric
Power
Co.,
Inc.
21,240
2,129,947
Constellation
Energy
Corp.
12,648
2,487,862
Duke
Energy
Corp.
31,062
3,539,515
Edison
International
15,544
1,352,794
Entergy
Corp.
8,613
1,039,503
Evergy,
Inc.
9,274
548,464
Eversource
Energy
14,140
954,874
Exelon
Corp.
40,272
1,533,960
FirstEnergy
Corp.
20,844
915,468
NextEra
Energy,
Inc.
82,711
6,659,063
NRG
Energy,
Inc.
8,305
706,008
PG&E
Corp.
86,004
1,694,279
Pinnacle
West
Capital
Corp.
4,513
394,978
PPL
Corp.
29,722
948,429
Southern
Co.
(The)
43,994
3,801,082
Xcel
Energy,
Inc.
22,337
1,367,695
30,674,801
Electrical
Equipment
—
0.4%
AMETEK,
Inc.
9,216
1,576,397
Eaton
Corp.
plc
16,036
4,921,930
Emerson
Electric
Co.
23,011
2,425,129
GE
Vernova,
Inc.*
11,038
2,218,638
Generac
Holdings,
Inc.*
2,426
379,742
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
143
UPRO
::
Investments
Shares
Value
Common
Stocks
(continued)
Hubbell,
Inc.,
Class
a
B
2,132
$
852,629
Rockwell
Automation,
Inc.
4,533
1,233,112
13,607,577
Electronic
Equipment,
Instruments
&
Components
—
0.3%
Amphenol
Corp.,
Class
a
A
48,392
3,264,040
CDW
Corp.
5,459
1,231,769
Corning,
Inc.
31,027
1,298,480
Jabil,
Inc.
4,913
536,893
Keysight
Technologies,
Inc.*
6,960
1,072,675
TE
Connectivity
Ltd.
12,309
1,890,662
Teledyne
Technologies,
Inc.*
1,897
821,022
Trimble,
Inc.*
9,823
556,866
Zebra
Technologies
Corp.,
Class
a
A*
2,168
748,784
11,421,191
Energy
Equipment
&
Services
—
0.1%
Baker
Hughes
Co.,
Class
a
A
40,178
1,413,060
Halliburton
Co.
35,571
1,105,903
Schlumberger
NV
57,507
2,529,733
5,048,696
Entertainment
—
0.6%
Electronic
Arts,
Inc.
9,724
1,476,298
Live
Nation
Entertainment,
Inc.*
5,772
563,751
Netflix,
Inc.*
17,402
12,204,893
Take-Two
Interactive
Software,
Inc.*
6,440
1,041,412
Walt
Disney
Co.
(The)
73,358
6,630,096
Warner
Bros
Discovery,
Inc.*
89,690
703,170
22,619,620
Financial
Services
—
2.1%
Berkshire
Hathaway,
Inc.,
Class
a
B*
72,770
34,632,698
Corpay,
Inc.*
2,795
881,962
Fidelity
National
Information
Services,
Inc.
22,363
1,843,829
Fiserv,
Inc.*
23,633
4,126,322
Global
Payments,
Inc.
10,167
1,128,639
Jack
Henry
&
Associates,
Inc.
2,918
504,902
Mastercard,
Inc.,
Class
a
A
33,045
15,971,970
PayPal
Holdings,
Inc.*
42,095
3,048,941
Visa,
Inc.,
Class
a
A
63,329
17,502,236
79,641,499
Food
Products
—
0.4%
Archer-Daniels-Midland
Co.
19,895
1,213,396
Bunge
Global
SA
5,633
571,073
Campbell
Soup
Co.
7,849
390,252
Conagra
Brands,
Inc.
19,260
600,912
General
Mills,
Inc.
22,700
1,640,983
Hershey
Co.
(The)
5,999
1,158,167
Hormel
Foods
Corp.
11,769
383,081
J
M
Smucker
Co.
(The)
4,232
485,326
Kellanova
10,582
853,015
Kraft
Heinz
Co.
(The)
31,769
1,125,576
Lamb
Weston
Holdings,
Inc.
5,861
362,913
Investments
Shares
Value
Common
Stocks
(continued)
McCormick
&
Co.,
Inc.
(Non-Voting)
10,138
$
811,344
Mondelez
International,
Inc.,
Class
a
A
53,960
3,874,868
Tyson
Foods,
Inc.,
Class
a
A
11,512
740,337
14,211,243
Gas
Utilities
—
0.0%(a)
Atmos
Energy
Corp.
6,018
786,793
Ground
Transportation
—
0.5%
CSX
Corp.
78,625
2,694,479
JB
Hunt
Transport
Services,
Inc.
3,241
561,341
Norfolk
Southern
Corp.
9,111
2,333,874
Old
Dominion
Freight
Line,
Inc.
7,193
1,386,810
Uber
Technologies,
Inc.*
84,101
6,150,306
Union
Pacific
Corp.
24,625
6,306,216
19,433,026
Health
Care
Equipment
&
Supplies
—
1.2%
Abbott
Laboratories
69,929
7,920,858
Align
Technology,
Inc.*
2,784
660,421
Baxter
International,
Inc.
20,507
778,036
Becton
Dickinson
&
Co.
11,613
2,815,107
Boston
Scientific
Corp.*
59,105
4,834,198
Cooper
Cos.,
Inc.
(The)*
8,018
847,743
Dexcom,
Inc.*
15,933
1,104,794
Edwards
Lifesciences
Corp.*
24,234
1,695,411
GE
HealthCare
Technologies,
Inc.
17,003
1,442,194
Hologic,
Inc.*
9,388
762,681
IDEXX
Laboratories,
Inc.*
3,289
1,583,094
Insulet
Corp.*
2,785
564,715
Intuitive
Surgical,
Inc.*
14,230
7,010,125
Medtronic
plc
53,419
4,731,855
ResMed,
Inc.
5,963
1,461,054
Solventum
Corp.*
5,504
352,862
STERIS
plc
4,038
973,562
Stryker
Corp.
13,603
4,902,793
Teleflex,
Inc.
1,873
459,203
Zimmer
Biomet
Holdings,
Inc.
8,305
958,895
45,859,601
Health
Care
Providers
&
Services
—
1.3%
Cardinal
Health,
Inc.
9,703
1,093,722
Cencora,
Inc.
6,683
1,601,046
Centene
Corp.*
21,463
1,691,928
Cigna
Group
(The)
11,423
4,132,956
CVS
Health
Corp.
50,535
2,892,623
DaVita,
Inc.*
2,184
329,609
Elevance
Health,
Inc.
9,264
5,159,029
HCA
Healthcare,
Inc.
7,828
3,096,679
Henry
Schein,
Inc.*
5,094
359,382
Humana,
Inc.
4,907
1,739,384
Labcorp
Holdings,
Inc.
3,373
775,419
McKesson
Corp.
5,183
2,908,078
Molina
Healthcare,
Inc.*
2,331
815,360
Quest
Diagnostics,
Inc.
4,531
711,231
UnitedHealth
Group,
Inc.
36,991
21,832,088
ULTRAPRO
S&P500
®
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31,
2024
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SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
144
UPRO
::
Investments
Shares
Value
Common
Stocks
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
2,382
$
566,845
49,705,379
Health
Care
REITs
—
0.1%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
6,377
762,498
Healthpeak
Properties,
Inc.,
REIT
28,351
631,660
Ventas,
Inc.,
REIT
16,335
1,014,567
Welltower,
Inc.,
REIT
24,132
2,912,250
5,320,975
Hotel
&
Resort
REITs
—
0.0%(a)
Host
Hotels
&
Resorts,
Inc.,
REIT
28,407
502,804
Hotels,
Restaurants
&
Leisure
—
0.9%
Airbnb,
Inc.,
Class
a
A*
17,815
2,089,878
Booking
Holdings,
Inc.
1,346
5,261,824
Caesars
Entertainment,
Inc.*
8,713
327,957
Carnival
Corp.*
40,663
670,939
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
55,785
3,128,423
Darden
Restaurants,
Inc.
4,854
767,660
Domino's
Pizza,
Inc.
1,390
575,752
Expedia
Group,
Inc.*
5,058
703,517
Hilton
Worldwide
Holdings,
Inc.
10,054
2,208,261
Las
Vegas
Sands
Corp.
14,650
571,203
Marriott
International,
Inc.,
Class
a
A
9,661
2,267,340
McDonald's
Corp.
28,931
8,351,222
MGM
Resorts
International*
10,089
379,246
Norwegian
Cruise
Line
Holdings
Ltd.*
17,313
309,730
Royal
Caribbean
Cruises
Ltd.*
9,553
1,572,615
Starbucks
Corp.
45,564
4,308,987
Wynn
Resorts
Ltd.
3,763
289,299
Yum!
Brands,
Inc.
11,326
1,528,104
35,311,957
Household
Durables
—
0.2%
DR
Horton,
Inc.
11,918
2,249,642
Garmin
Ltd.
6,207
1,137,681
Lennar
Corp.,
Class
a
A
9,855
1,794,201
Mohawk
Industries,
Inc.*
2,224
345,031
NVR,
Inc.*
150
1,375,869
PulteGroup,
Inc.
8,480
1,116,392
8,018,816
Household
Products
—
0.6%
Church
&
Dwight
Co.,
Inc.
9,838
1,002,295
Clorox
Co.
(The)
5,065
801,840
Colgate-Palmolive
Co.
33,017
3,516,311
Kimberly-Clark
Corp.
13,622
1,970,559
Procter
&
Gamble
Co.
(The)
94,969
16,290,982
23,581,987
Independent
Power
and
Renewable
Electricity
Producers
—
0.0%(a)
AES
Corp.
(The)
28,640
490,603
Investments
Shares
Value
Common
Stocks
(continued)
Vistra
Corp.
13,093
$
1,118,535
1,609,138
Industrial
Conglomerates
—
0.2%
3M
Co.
22,259
2,998,065
Honeywell
International,
Inc.
26,157
5,438,302
8,436,367
Industrial
REITs
—
0.1%
Prologis,
Inc.,
REIT
37,288
4,766,152
Insurance
—
1.1%
Aflac,
Inc.
20,801
2,295,598
Allstate
Corp.
(The)
10,625
2,007,487
American
International
Group,
Inc.
26,668
2,054,769
Aon
plc,
Class
a
A
8,772
3,015,112
Arch
Capital
Group
Ltd.*
14,982
1,694,314
Arthur
J
Gallagher
&
Co.
8,822
2,581,053
Assurant,
Inc.
2,190
430,007
Brown
&
Brown,
Inc.
9,551
1,004,097
Chubb
Ltd.
16,399
4,660,268
Cincinnati
Financial
Corp.
6,337
868,359
Everest
Group
Ltd.
1,699
666,416
Globe
Life,
Inc.
3,356
352,548
Hartford
Financial
Services
Group,
Inc.
(The)
11,889
1,380,313
Loews
Corp.
7,338
601,276
Marsh
&
McLennan
Cos.,
Inc.
19,734
4,489,682
MetLife,
Inc.
24,108
1,867,888
Principal
Financial
Group,
Inc.
8,687
707,296
Progressive
Corp.
(The)
23,642
5,962,512
Prudential
Financial,
Inc.
14,530
1,760,455
Travelers
Cos.,
Inc.
(The)
9,230
2,105,086
W
R
Berkley
Corp.
12,165
726,250
Willis
Towers
Watson
plc
4,073
1,189,764
42,420,550
Interactive
Media
&
Services
—
3.1%
Alphabet,
Inc.,
Class
a
A
236,262
38,600,486
Alphabet,
Inc.,
Class
a
C
196,586
32,458,314
Match
Group,
Inc.*
10,701
398,184
Meta
Platforms,
Inc.,
Class
a
A
88,128
45,942,008
117,398,992
IT
Services
—
0.6%
Accenture
plc,
Class
a
A
25,267
8,640,051
Akamai
Technologies,
Inc.*
6,082
619,391
Cognizant
Technology
Solutions
Corp.,
Class
a
A
20,008
1,556,022
EPAM
Systems,
Inc.*
2,302
462,149
Gartner,
Inc.*
3,092
1,521,140
GoDaddy,
Inc.,
Class
a
A*
5,604
938,166
International
Business
Machines
Corp.
36,943
7,467,289
VeriSign,
Inc.*
3,562
655,052
21,859,260
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
145
UPRO
::
Investments
Shares
Value
Common
Stocks
(continued)
Leisure
Products
—
0.0%(a)
Hasbro,
Inc.
5,310
$
361,930
Life
Sciences
Tools
&
Services
—
0.7%
Agilent
Technologies,
Inc.
11,778
1,683,312
Bio-Rad
Laboratories,
Inc.,
Class
a
A*
792
267,157
Bio-Techne
Corp.
6,383
472,278
Charles
River
Laboratories
International,
Inc.*
2,175
430,106
Danaher
Corp.
26,481
7,131,598
IQVIA
Holdings,
Inc.*
7,365
1,852,666
Mettler-Toledo
International,
Inc.*
838
1,205,949
Revvity,
Inc.
5,027
616,009
Thermo
Fisher
Scientific,
Inc.
15,421
9,484,994
Waters
Corp.*
2,363
818,425
West
Pharmaceutical
Services,
Inc.
2,917
914,859
24,877,353
Machinery
—
0.8%
Caterpillar,
Inc.
19,694
7,013,033
Cummins,
Inc.
5,446
1,703,781
Deere
&
Co.
10,407
4,014,396
Dover
Corp.
5,471
1,017,770
Fortive
Corp.
14,127
1,051,049
IDEX
Corp.
3,127
645,663
Illinois
Tool
Works,
Inc.
10,930
2,767,257
Ingersoll
Rand,
Inc.
16,275
1,488,349
Nordson
Corp.
2,153
552,374
Otis
Worldwide
Corp.
16,316
1,544,962
PACCAR,
Inc.
21,090
2,028,388
Parker-Hannifin
Corp.
5,117
3,071,224
Pentair
plc
6,705
594,667
Snap-on,
Inc.
2,210
627,065
Stanley
Black
&
Decker,
Inc.
6,217
636,372
Westinghouse
Air
Brake
Technologies
Corp.
7,137
1,210,221
Xylem,
Inc.
9,777
1,344,631
31,311,202
Media
—
0.3%
Charter
Communications,
Inc.,
Class
a
A*
4,010
1,393,635
Comcast
Corp.,
Class
a
A
157,528
6,233,383
Fox
Corp.,
Class
a
A
9,238
382,176
Fox
Corp.,
Class
a
B
5,360
205,985
Interpublic
Group
of
Cos.,
Inc.
(The)
15,131
493,422
News
Corp.,
Class
a
A
15,215
431,041
News
Corp.,
Class
a
B
4,554
134,024
Omnicom
Group,
Inc.
7,830
786,367
Paramount
Global,
Class
a
B
19,904
208,395
10,268,428
Metals
&
Mining
—
0.2%
Freeport-McMoRan,
Inc.
57,853
2,561,731
Newmont
Corp.
46,462
2,480,606
Investments
Shares
Value
Common
Stocks
(continued)
Nucor
Corp.
9,654
$
1,466,539
Steel
Dynamics,
Inc.
6,001
717,180
7,226,056
Multi-Utilities
—
0.3%
Ameren
Corp.
10,658
879,392
CenterPoint
Energy,
Inc.
25,711
701,910
CMS
Energy
Corp.
12,019
815,609
Consolidated
Edison,
Inc.
13,906
1,412,294
Dominion
Energy,
Inc.
33,701
1,883,886
DTE
Energy
Co.
8,362
1,045,417
NiSource,
Inc.
17,956
593,625
Public
Service
Enterprise
Group,
Inc.
20,047
1,618,795
Sempra
25,527
2,097,809
WEC
Energy
Group,
Inc.
12,683
1,179,900
12,228,637
Office
REITs
—
0.0%(a)
BXP,
Inc.,
REIT
5,867
441,316
Oil,
Gas
&
Consumable
Fuels
—
1.6%
APA
Corp.
14,559
414,786
Chevron
Corp.
68,948
10,200,856
ConocoPhillips
47,010
5,349,268
Coterra
Energy,
Inc.
29,960
728,927
Devon
Energy
Corp.
25,490
1,141,442
Diamondback
Energy,
Inc.
7,186
1,402,060
EOG
Resources,
Inc.
23,216
2,990,685
EQT
Corp.
24,060
806,251
Exxon
Mobil
Corp.
180,421
21,278,853
Hess
Corp.
11,112
1,534,123
Kinder
Morgan,
Inc.
77,663
1,675,191
Marathon
Oil
Corp.
22,675
649,639
Marathon
Petroleum
Corp.
14,144
2,505,185
Occidental
Petroleum
Corp.
27,120
1,545,298
ONEOK,
Inc.
23,472
2,167,874
Phillips
66
16,984
2,383,025
Targa
Resources
Corp.
8,924
1,310,936
Valero
Energy
Corp.
13,121
1,925,244
Williams
Cos.,
Inc.
(The)
48,982
2,241,906
62,251,549
Passenger
Airlines
—
0.1%
American
Airlines
Group,
Inc.*
26,456
280,963
Delta
Air
Lines,
Inc.
26,028
1,105,930
Southwest
Airlines
Co.
24,155
698,562
United
Airlines
Holdings,
Inc.*
13,196
581,152
2,666,607
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
9,371
858,946
Kenvue,
Inc.
77,058
1,691,423
2,550,369
Pharmaceuticals
—
1.9%
Bristol-Myers
Squibb
Co.
81,599
4,075,870
Catalent,
Inc.*
7,308
445,495
ULTRAPRO
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
146
UPRO
::
Investments
Shares
Value
Common
Stocks
(continued)
Eli
Lilly
&
Co.
32,146
$
30,860,803
Johnson
&
Johnson
96,828
16,059,892
Merck
&
Co.,
Inc.
101,880
12,067,686
Pfizer,
Inc.
228,001
6,614,309
Viatris,
Inc.
47,948
579,212
Zoetis,
Inc.,
Class
a
A
18,330
3,363,372
74,066,639
Professional
Services
—
0.3%
Automatic
Data
Processing,
Inc.
16,435
4,534,581
Broadridge
Financial
Solutions,
Inc.
4,713
1,003,209
Dayforce,
Inc.*
6,394
365,545
Equifax,
Inc.
5,036
1,546,707
Jacobs
Solutions,
Inc.
4,987
752,439
Leidos
Holdings,
Inc.
5,497
871,329
Paychex,
Inc.
12,879
1,689,725
Paycom
Software,
Inc.
1,926
313,514
Verisk
Analytics,
Inc.,
Class
a
A
5,784
1,577,991
12,655,040
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
12,218
1,406,780
CoStar
Group,
Inc.*
16,490
1,274,677
2,681,457
Residential
REITs
—
0.2%
AvalonBay
Communities,
Inc.,
REIT
5,750
1,297,947
Camden
Property
Trust,
REIT
4,251
532,225
Equity
Residential,
REIT
13,857
1,037,612
Essex
Property
Trust,
Inc.,
REIT
2,666
804,572
Invitation
Homes,
Inc.,
REIT
23,143
852,588
Mid-America
Apartment
Communities,
Inc.,
REIT
4,650
755,021
UDR,
Inc.,
REIT
12,156
541,064
5,821,029
Retail
REITs
—
0.2%
Federal
Realty
Investment
Trust,
REIT
3,094
355,810
Kimco
Realty
Corp.,
REIT
26,893
625,531
Realty
Income
Corp.,
REIT
35,123
2,181,490
Regency
Centers
Corp.,
REIT
6,571
477,646
Simon
Property
Group,
Inc.,
REIT
13,104
2,192,954
5,833,431
Semiconductors
&
Semiconductor
Equipment
—
5.6%
Advanced
Micro
Devices,
Inc.*
65,041
9,662,564
Analog
Devices,
Inc.
19,947
4,684,353
Applied
Materials,
Inc.
33,416
6,591,640
Broadcom,
Inc.
174,837
28,466,960
Enphase
Energy,
Inc.*
5,538
670,320
First
Solar,
Inc.*
4,269
970,643
Intel
Corp.
171,307
3,775,606
KLA
Corp.
5,472
4,483,921
Lam
Research
Corp.
5,306
4,356,279
Microchip
Technology,
Inc.
21,730
1,785,337
Micron
Technology,
Inc.
44,635
4,295,672
Investments
Shares
Value
Common
Stocks
(continued)
Monolithic
Power
Systems,
Inc.
1,954
$
1,826,365
NVIDIA
Corp.
989,821
118,154,933
NXP
Semiconductors
NV
10,276
2,634,355
ON
Semiconductor
Corp.*
17,368
1,352,446
Qorvo,
Inc.*
3,949
457,650
QUALCOMM,
Inc.
44,985
7,885,870
Skyworks
Solutions,
Inc.
6,390
700,280
Teradyne,
Inc.
6,327
865,091
Texas
Instruments,
Inc.
36,584
7,841,415
211,461,700
Software
—
5.1%
Adobe,
Inc.*
17,952
10,311,808
ANSYS,
Inc.*
3,580
1,150,683
Autodesk,
Inc.*
8,627
2,229,217
Cadence
Design
Systems,
Inc.*
10,958
2,946,935
Crowdstrike
Holdings,
Inc.,
Class
a
A*
9,310
2,581,477
Fair
Isaac
Corp.*
996
1,723,349
Fortinet,
Inc.*
25,491
1,955,415
Gen
Digital,
Inc.
22,271
589,291
Intuit,
Inc.
11,255
7,093,576
Microsoft
Corp.
299,106
124,769,077
Oracle
Corp.
64,054
9,050,190
Palo
Alto
Networks,
Inc.*
13,002
4,716,085
PTC,
Inc.*
4,871
872,347
Roper
Technologies,
Inc.
4,269
2,366,776
Salesforce,
Inc.
39,114
9,891,931
ServiceNow,
Inc.*
8,273
7,073,415
Synopsys,
Inc.*
6,074
3,155,929
Tyler
Technologies,
Inc.*
1,678
986,446
193,463,947
Specialized
REITs
—
0.5%
American
Tower
Corp.,
REIT
18,843
4,221,963
Crown
Castle,
Inc.,
REIT
17,413
1,950,604
Digital
Realty
Trust,
Inc.,
REIT
13,132
1,990,942
Equinix,
Inc.,
REIT
3,785
3,158,053
Extra
Space
Storage,
Inc.,
REIT
8,547
1,512,819
Iron
Mountain,
Inc.,
REIT
11,779
1,334,090
Public
Storage,
REIT
6,411
2,203,589
SBA
Communications
Corp.,
Class
a
A,
REIT
4,289
972,145
VICI
Properties,
Inc.,
Class
a
A,
REIT
41,976
1,405,356
Weyerhaeuser
Co.,
REIT
29,278
892,686
19,642,247
Specialty
Retail
—
1.0%
AutoZone,
Inc.*
809
2,573,817
Bath
&
Body
Works,
Inc.
9,023
277,547
Best
Buy
Co.,
Inc.
7,767
779,807
CarMax,
Inc.*
6,376
539,091
Home
Depot,
Inc.
(The)
39,827
14,676,249
Lowe's
Cos.,
Inc.
23,013
5,718,730
O'Reilly
Automotive,
Inc.*
2,345
2,649,780
Ross
Stores,
Inc.
13,579
2,045,133
TJX
Cos.,
Inc.
(The)
45,558
5,342,587
Tractor
Supply
Co.
4,305
1,151,803
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
147
UPRO
::
Investments
Shares
Value
Common
Stocks
(continued)
Ulta
Beauty,
Inc.*
1,920
$
677,453
36,431,997
Technology
Hardware,
Storage
&
Peripherals
—
3.6%
Apple,
Inc.
580,040
132,829,160
Hewlett
Packard
Enterprise
Co.
52,215
1,011,404
HP,
Inc.
34,701
1,255,482
NetApp,
Inc.
8,335
1,006,201
Seagate
Technology
Holdings
plc
7,898
786,246
Super
Micro
Computer,
Inc.*
2,034
890,282
Western
Digital
Corp.*
13,098
859,098
138,637,873
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
1,040
997,662
Lululemon
Athletica,
Inc.*
4,560
1,183,183
NIKE,
Inc.,
Class
a
B
48,800
4,066,016
Ralph
Lauren
Corp.,
Class
a
A
1,585
271,447
Tapestry,
Inc.
9,267
379,669
6,897,977
Tobacco
—
0.3%
Altria
Group,
Inc.
69,065
3,713,625
Philip
Morris
International,
Inc.
62,587
7,716,351
11,429,976
Trading
Companies
&
Distributors
—
0.1%
Fastenal
Co.
23,032
1,572,625
United
Rentals,
Inc.
2,649
1,963,598
WW
Grainger,
Inc.
1,713
1,687,168
5,223,391
Water
Utilities
—
0.0%(a)
American
Water
Works
Co.,
Inc.
7,876
1,127,213
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
20,694
4,112,312
Total
Common
Stocks
(Cost
$1,984,568,315)
1,909,039,120
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
5.19%
(d)
(Cost
$390,456)
390,456
390,456
Investments
Principal
Amount
Value
Short-Term
Investments
—
24
.6
%
Repurchase
Agreements
(e)
—
4
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$153,054,378
(Cost
$152,964,542)
$
152,964,542
$
152,964,542
U.S.
Treasury
Obligations
(f)
—
20
.6
%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(g)
80,000,000
79,758,149
5.29%,
10/8/2024
(g)
100,000,000
99,502,222
5.15%,
10/31/2024
(g)
60,000,000
59,510,867
5.28%,
11/5/2024
(g)
125,000,000
123,901,875
5.22%,
11/12/2024
(g)
100,000,000
99,030,694
5.09%,
11/26/2024
(g)
100,000,000
98,842,229
5.08%,
12/3/2024
(g)
75,000,000
74,067,250
5.25%,
12/26/2024
(g)
150,000,000
147,697,912
Total
U.S.
Treasury
Obligations
(Cost
$781,855,415)
782,311,198
Total
Short-Term
Investments
(Cost
$934,819,957)
935,275,740
Total
Investments
—
74.7%
(Cost
$2,919,778,728)
2,844,705,316
Other
assets
less
liabilities
—
25.3%
962,204,856
Net
Assets
—
100.0%
$
3,806,910,172
*
Non-income
producing
security.
(a)
Represents
less
than
0.05%
of
net
assets.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2024.
The
total
value
of
securities
on
loan
at
August
31,
2024
was
$376,884,
collateralized
in
the
form
of
cash
with
a
value
of
$390,456
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2024.
The
total
value
of
securities
purchased
was
$390,456.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2024.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(f)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$597,098,612.
(g)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Abbreviations
REIT
Real
Estate
Investment
Trust
Futures
Contracts
Purchased
UltraPro
S&P500
®
had
the
following
open
long
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
S&P
500
E-Mini
Index
2,106
9/20/2024
U.S.
Dollar
$
596,103,300
$
16,823,207
ULTRAPRO
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
148
UPRO
::
Swap
Agreements
UltraPro
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
1,263,394,573
12/8/2025
Bank
of
America
NA
6.03%
S&P
500
®
70,212,728
1,059,470,388
3/6/2026
Barclays
Capital
6.13%
S&P
500
®
39,892,312
1,249,742,390
12/8/2025
BNP
Paribas
SA
5.93%
S&P
500
®
84,679,140
870,169,910
3/6/2025
Citibank
NA
6.08%
S&P
500
®
198,465,860
616,816,577
11/6/2025
Goldman
Sachs
International
6.08%
S&P
500
®
108,911,540
865,764,159
4/7/2025
J.P.
Morgan
Securities
5.83%
S&P
500
®
100,435,459
724,706,665
3/6/2025
Morgan
Stanley
&
Co.
International
plc
6.18%
S&P
500
®
136,489,476
1,220,681,373
11/6/2025
Societe
Generale
6.23%
S&P
500
®
128,490,796
1,044,790,196
4/7/2025
UBS
AG
6.13%
S&P
500
®
66,588,057
8,915,536,231
934,165,368
Total
Unrealized
Appreciation
934,165,368
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
SHORT
20+
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
149
TTT
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
38
.1
%
Repurchase
Agreements
(a)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$62,776
(Cost
$62,738)
$
62,738
$
62,738
U.S.
Treasury
Obligations
(b)
—
37
.9
%
U.S.
Treasury
Bills
5.25%,
12/26/2024
(c)                                                                            
(Cost
$11,802,317)
12,000,000
11,815,833
Total
Short-Term
Investments
(Cost
$11,865,055)
11,878,571
Total
Investments
—
38.1%
(Cost
$11,865,055)
11,878,571
Other
assets
less
liabilities
—
61.9%
19,293,575
Net
Assets
—
100.0%
$
31,172,146
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,945,310.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraPro
Short
20+
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
Long
Bond
7
12/19/2024
U.S.
Dollar
$
859,906
$
9,612
Swap
Agreements
UltraPro
Short
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(5,454,372)
11/6/2024
Bank
of
America
NA
(5.13)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
8,281,758
(13,018,084)
12/10/2024
Barclays
Capital
(5.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
1,443,576
(22,683,088)
1/14/2025
Citibank
NA
(5.03)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
279,185
(403,085)
11/6/2024
Goldman
Sachs
International
(5.05)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
8,355,465
(19,795,204)
4/22/2025
Morgan
Stanley
&
Co.
International
plc
(5.21)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
417,344
(6,639,876)
2/18/2025
Societe
Generale
(5.12)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
59,068
)
(24,721,471)
2/18/2025
UBS
AG
(5.03)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
515,827
(92,715,180)
19,234,087
Total
Unrealized
Appreciation
19,293,155
Total
Unrealized
Depreciation
(
59,068
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
SHORT
DOW30
~
SM
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
150
SDOW
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
162
.4
%
Repurchase
Agreements
(a)
—
33
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$98,891,546
(Cost
$98,833,502)
$
98,833,502
$
98,833,502
U.S.
Treasury
Obligations
(b)
—
129
.3
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
78,443,000
78,260,838
5.28%,
10/10/2024
(c)
60,000,000
59,683,650
5.28%,
11/5/2024
(c)
75,000,000
74,341,125
5.29%,
11/7/2024
(c)
100,000,000
99,094,288
5.19%,
11/14/2024
(c)
25,000,000
24,750,500
5.26%,
12/19/2024
(c)
50,000,000
49,279,236
Total
U.S.
Treasury
Obligations
(Cost
$385,203,609)
385,409,637
Total
Short-Term
Investments
(Cost
$484,037,111)
484,243,139
Total
Investments
—
162.4%
(Cost
$484,037,111)
484,243,139
Liabilities
in
excess
of
other
assets
—
(62.4%)
(
185,988,366
)
Net
Assets
—
100.0%
$
298,254,773
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$226,147,540.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraPro
Short
Dow30
SM
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
DJIA
CBOT
E-Mini
Index
90
9/20/2024
U.S.
Dollar
$
18,743,850
$
(
280,431
)
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
SHORT
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
151
SDOW
::
Swap
Agreements
UltraPro
Short
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(54,115,130)
3/6/2025
Bank
of
America
NA
(5.83)%
Dow
Jones
Industrial
Average
SM
(
15,187,358
)
(163,051,963)
11/6/2025
Barclays
Capital
(5.73)%
Dow
Jones
Industrial
Average
SM
(
28,127,650
)
(97,797,927)
2/11/2025
BNP
Paribas
SA
(5.63)%
Dow
Jones
Industrial
Average
SM
(
19,707,345
)
(105,736,476)
3/6/2026
Citibank
NA
(5.88)%
Dow
Jones
Industrial
Average
SM
(
3,428,853
)
(90,482,825)
11/7/2024
Goldman
Sachs
International
(5.83)%
Dow
Jones
Industrial
Average
SM
(
37,945,446
)
(75,312,301)
3/6/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
Dow
Jones
Industrial
Average
SM
(
19,645,624
)
(145,470,780)
3/6/2025
Societe
Generale
(5.88)%
Dow
Jones
Industrial
Average
SM
(
25,457,343
)
(144,046,372)
11/7/2024
UBS
AG
(5.73)%
Dow
Jones
Industrial
Average
SM
(
37,565,902
)
(876,013,774)
(
187,065,521
)
Total
Unrealized
Depreciation
(
187,065,521
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
SHORT
MIDCAP400
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
152
MZZ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
131
.9
%
Repurchase
Agreements
(a)
—
66
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$2,032,453
(Cost
$2,031,261)
$
2,031,261
$
2,031,261
U.S.
Treasury
Obligations
(b)
—
65
.1
%
U.S.
Treasury
Bills
5.27%,
11/21/2024
(c)                                                                            
(Cost
$1,976,787)
2,000,000
1,978,121
Total
Short-Term
Investments
(Cost
$4,008,048)
4,009,382
Total
Investments
—
131.9%
(Cost
$4,008,048)
4,009,382
Liabilities
in
excess
of
other
assets
—
(31.9%)
(
968,610
)
Net
Assets
—
100.0%
$
3,040,772
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,789,151.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraPro
Short
MidCap400
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
Midcap
400
E-Mini
Index
1
9/20/2024
U.S.
Dollar
$
309,810
$
(
12,967
)
Swap
Agreements
UltraPro
Short
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(2,191,888)
11/6/2025
Bank
of
America
NA
(5.68)%
S&P
MidCap
400
®
(
237,707
)
(3,375,940)
2/11/2025
BNP
Paribas
SA
(5.53)%
S&P
MidCap
400
®
(
680,803
)
(429,721)
3/6/2026
Citibank
NA
(5.48)%
S&P
MidCap
400
®
4,699
(2,572,145)
3/6/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
S&P
MidCap
400
®
(
718,562
)
(241,138)
11/14/2024
Societe
Generale
(5.51)%
S&P
MidCap
400
®
327,222
(8,810,832)
(
1,305,151
)
Total
Unrealized
Appreciation
331,921
Total
Unrealized
Depreciation
(
1,637,072
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
SHORT
QQQ
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
153
SQQQ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
176
.0
%
Repurchase
Agreements
(a)
—
13
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$324,819,375
(Cost
$324,628,721)
$
324,628,721
$
324,628,721
U.S.
Treasury
Obligations
(b)
—
162
.5
%
U.S.
Treasury
Bills
5.23%,
9/5/2024
(c)
43,000,000
42,987,542
5.31%,
9/12/2024
(c)
500,000,000
499,348,125
5.21%,
9/19/2024
(c)
150,000,000
149,651,667
5.26%,
9/24/2024
(c)
100,000,000
99,697,687
5.25%,
10/1/2024
(c)
250,000,000
248,994,480
5.27%,
10/3/2024
(c)
275,000,000
273,822,084
5.30%,
10/8/2024
(c)
200,000,000
199,004,444
5.29%,
10/15/2024
(c)
200,000,000
198,808,834
5.15%,
10/17/2024
(c)
100,000,000
99,377,889
5.28%,
11/5/2024
(c)
300,000,000
297,364,500
5.29%,
11/7/2024
(c)
400,000,000
396,377,152
5.22%,
11/12/2024
(c)
200,000,000
198,061,388
5.19%,
11/14/2024
(c)
100,000,000
99,002,000
5.28%,
11/21/2024
(c)
300,000,000
296,718,207
5.09%,
11/26/2024
(c)
180,000,000
177,916,012
5.08%,
12/3/2024
(c)
150,000,000
148,134,500
5.01%,
12/5/2024
(c)
250,000,000
246,841,875
5.26%,
12/19/2024
(c)
225,000,000
221,756,562
Total
U.S.
Treasury
Obligations
(Cost
$3,892,055,238)
3,893,864,948
Total
Short-Term
Investments
(Cost
$4,216,683,959)
4,218,493,669
Total
Investments
—
176.0%
(Cost
$4,216,683,959)
4,218,493,669
Liabilities
in
excess
of
other
assets
—
(76.0%)
(
1,821,255,497
)
Net
Assets
—
100.0%
$
2,397,238,172
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,306,775,396.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraPro
Short
QQQ
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Nasdaq
100
E-Mini
Index
380
9/20/2024
U.S.
Dollar
$
149,134,800
$
2,965,469
ULTRAPRO
SHORT
QQQ
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
154
SQQQ
::
Swap
Agreements
UltraPro
Short
QQQ
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(771,554,010)
3/6/2025
Bank
of
America
NA
(5.83)%
Nasdaq-100
Index
®
(
214,764,160
)
(570,659,480)
11/6/2025
Barclays
Capital
(5.73)%
Nasdaq-100
Index
®
(
310,348,009
)
(645,689,075)
1/26/2026
BNP
Paribas
SA
(5.73)%
Nasdaq-100
Index
®
(
52,157,586
)
(769,028,882)
3/6/2026
Citibank
NA
(5.88)%
Nasdaq-100
Index
®
(
43,156,244
)
(861,303,735)
3/13/2025
Goldman
Sachs
International
(5.68)%
Nasdaq-100
Index
®
(
338,301,228
)
(640,638,818)
4/7/2025
J.P.
Morgan
Securities
(5.63)%
Nasdaq-100
Index
®
(
164,950,308
)
(896,068,295)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.68)%
Nasdaq-100
Index
®
(
35,558,297
)
(222,681,105)
4/7/2026
Nomura
Global
Financial
(5.73)%
Nasdaq-100
Index
®
(
760,567
)
(818,552,721)
11/6/2025
Societe
Generale
(6.13)%
Nasdaq-100
Index
®
(
331,839,811
)
(846,460,363)
11/6/2025
UBS
AG
(5.73)%
Nasdaq-100
Index
®
(
327,958,797
)
(7,042,636,484)
(
1,819,795,007
)
Total
Unrealized
Depreciation
(
1,819,795,007
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
SHORT
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
155
SRTY
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
190
.8
%
Repurchase
Agreements
(a)
—
24
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$18,710,986
(Cost
$18,700,005)
$
18,700,005
$
18,700,005
U.S.
Treasury
Obligations
(b)
—
166
.7
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
50,000,000
49,883,889
5.29%,
11/7/2024
(c)
30,000,000
29,728,286
5.28%,
11/21/2024
(c)
50,000,000
49,453,035
Total
U.S.
Treasury
Obligations
(Cost
$129,005,650)
129,065,210
Total
Short-Term
Investments
(Cost
$147,705,655)
147,765,215
Total
Investments
—
190.8%
(Cost
$147,705,655)
147,765,215
Liabilities
in
excess
of
other
assets
—
(90.8%)
(
70,302,645
)
Net
Assets
—
100.0%
$
77,462,570
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$79,622,062.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraPro
Short
Russell2000
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Russell
2000
E-Mini
Index
45
9/20/2024
U.S.
Dollar
$
5,001,975
$
67,917
Swap
Agreements
UltraPro
Short
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(27,336,725)
3/6/2026
Bank
of
America
NA
(5.18)%
Russell
2000
®
Index
(
7,345,813
)
(34,927,673)
11/6/2025
Barclays
Capital
(5.63)%
Russell
2000
®
Index
(
15,669,045
)
(21,630,763)
3/6/2026
BNP
Paribas
SA
(5.23)%
Russell
2000
®
Index
(
2,254,126
)
(36,096,364)
11/6/2025
Citibank
NA
(5.38)%
Russell
2000
®
Index
(
14,295,177
)
(28,614,080)
11/6/2025
Goldman
Sachs
International
(5.48)%
Russell
2000
®
Index
(
12,541,889
)
(21,054,179)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.33)%
Russell
2000
®
Index
(
960,992
)
(19,914,317)
1/26/2026
Societe
Generale
(5.38)%
Russell
2000
®
Index
(
1,014,668
)
(37,806,276)
11/6/2025
UBS
AG
(5.63)%
Russell
2000
®
Index
(
14,642,042
)
(227,380,377)
(
68,723,752
)
Total
Unrealized
Depreciation
(
68,723,752
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
SHORT
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
156
SPXU
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
163
.0
%
Repurchase
Agreements
(a)
—
24
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$124,885,300
(Cost
$124,811,996)
$
124,811,996
$
124,811,996
U.S.
Treasury
Obligations
(b)
—
138
.4
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
82,000,000
81,809,578
5.30%,
10/8/2024
(c)
100,000,000
99,502,222
5.29%,
10/15/2024
(c)
100,000,000
99,404,417
5.29%,
10/24/2024
(c)
100,000,000
99,276,556
5.28%,
11/5/2024
(c)
100,000,000
99,121,500
5.29%,
11/7/2024
(c)
50,000,000
49,547,144
5.22%,
11/12/2024
(c)
75,000,000
74,273,021
5.28%,
11/21/2024
(c)
25,000,000
24,726,517
5.26%,
12/19/2024
(c)
75,000,000
73,918,854
Total
U.S.
Treasury
Obligations
(Cost
$701,213,592)
701,579,809
Total
Short-Term
Investments
(Cost
$826,025,588)
826,391,805
Total
Investments
—
163.0%
(Cost
$826,025,588)
826,391,805
Liabilities
in
excess
of
other
assets
—
(63.0%)
(
319,396,766
)
Net
Assets
—
100.0%
$
506,995,039
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$413,817,667.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraPro
Short
S&P500
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
500
E-Mini
Index
176
9/20/2024
U.S.
Dollar
$
49,816,800
$
(
1,093,515
)
AUGUST
31,
2024
(Unaudited)
::
ULTRAPRO
SHORT
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
157
SPXU
::
Swap
Agreements
UltraPro
Short
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(106,754,760)
3/6/2025
Bank
of
America
NA
(5.73)%
S&P
500
®
(
76,813,849
)
(78,461,924)
3/6/2026
Barclays
Capital
(5.73)%
S&P
500
®
(
19,186,093
)
(224,478,713)
11/6/2025
BNP
Paribas
SA
(5.63)%
S&P
500
®
(
15,762,617
)
(194,400,983)
3/6/2026
Citibank
NA
(5.68)%
S&P
500
®
(
10,387,815
)
(281,832,566)
1/26/2026
Goldman
Sachs
International
(5.83)%
S&P
500
®
(
6,697,766
)
(109,646,741)
4/7/2025
J.P.
Morgan
Securities
(5.53)%
S&P
500
®
(
46,026,374
)
(196,886,279)
4/10/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
S&P
500
®
(
37,700,831
)
(152,213,083)
1/26/2026
Societe
Generale
(5.93)%
S&P
500
®
(
16,318,796
)
(126,464,784)
11/7/2024
UBS
AG
(5.73)%
S&P
500
®
(
93,459,115
)
(1,471,139,833)
(
322,353,256
)
Total
Unrealized
Depreciation
(
322,353,256
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
7-10
YEAR
TREASURY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
158
PST
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
81
.7
%
Repurchase
Agreements
(a)
—
81
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$12,742,981
(Cost
$12,735,500)
$
12,735,500
$
12,735,500
Total
Investments
—
81.7%
(Cost
$12,735,500)
12,735,500
Other
assets
less
liabilities
—
18.3%
2,844,796
Net
Assets
—
100.0%
$
15,580,296
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Futures
Contracts
Sold
UltraShort
7-10
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
10
Year
Note
4
12/19/2024
U.S.
Dollar
$
454,063
$
1,493
Swap
Agreements
UltraShort
7-10
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(8,690,659)
12/10/2024
Bank
of
America
NA
(5.00)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
387,122
)
(5,542,712)
11/6/2024
Citibank
NA
(5.02)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
545,764
)
(9,378,257)
11/6/2024
Goldman
Sachs
International
(5.18)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
108,359
)
(7,134,806)
11/6/2024
Societe
Generale
(5.14)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
2,302,612
(30,746,434)
1,261,367
Total
Unrealized
Appreciation
2,302,612
Total
Unrealized
Depreciation
(
1,041,245
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
20+
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
159
TBT
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
116
.6
%
Repurchase
Agreements
(a)
—
20
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$59,365,377
(Cost
$59,330,532)
$
59,330,532
$
59,330,532
U.S.
Treasury
Obligations
(b)
—
95
.8
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
100,000,000
99,767,778
5.29%,
10/24/2024
(c)
50,000,000
49,638,278
5.28%,
11/21/2024
(c)
50,000,000
49,453,035
5.26%,
12/19/2024
(c)
75,000,000
73,918,854
Total
U.S.
Treasury
Obligations
(Cost
$272,619,160)
272,777,945
Total
Short-Term
Investments
(Cost
$331,949,692)
332,108,477
Total
Investments
—
116.6%
(Cost
$331,949,692)
332,108,477
Liabilities
in
excess
of
other
assets
—
(16.6%)
(
47,245,352
)
Net
Assets
—
100.0%
$
284,863,125
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$86,881,511.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraShort
20+
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
Long
Bond
68
12/19/2024
U.S.
Dollar
$
8,353,375
$
93,371
ULTRASHORT
20+
YEAR
TREASURY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
160
TBT
::
Swap
Agreements
UltraShort
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(69,429,849)
1/14/2025
Bank
of
America
NA
(5.13)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
7,391,310
)
(98,121,949)
11/6/2024
Barclays
Capital
(5.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
7,078,061
)
(111,316,134)
12/10/2024
Citibank
NA
(5.03)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
1,778,939
(128,956,383)
12/10/2024
Goldman
Sachs
International
(5.05)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
30,129,765
)
(105,959,751)
12/10/2024
Morgan
Stanley
&
Co.
International
plc
(5.21)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
9,976,054
)
(47,630,548)
12/10/2024
Societe
Generale
(5.12)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
10,038,788
)
(561,414,614)
(
62,835,039
)
Total
Unrealized
Appreciation
1,778,939
Total
Unrealized
Depreciation
(
64,613,978
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
CONSUMER
DISCRETIONARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
161
SCC
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
123
.1
%
Repurchase
Agreements
(a)
—
49
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$801,796
(Cost
$801,325)
$
801,325
$
801,325
U.S.
Treasury
Obligations
(b)
—
73
.5
%
U.S.
Treasury
Bills
5.29%,
11/21/2024
(c)                                                                            
(Cost
$1,186,071)
1,200,000
1,186,873
Total
Short-Term
Investments
(Cost
$1,987,396)
1,988,198
Total
Investments
—
123.1%
(Cost
$1,987,396)
1,988,198
Liabilities
in
excess
of
other
assets
—
(23.1%)
(
373,566
)
Net
Assets
—
100.0%
$
1,614,632
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$292,752.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Consumer
Discretionary
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(598,642)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
39,699
)
(738,388)
3/6/2026
Goldman
Sachs
International
(5.58)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
120,845
)
(672,292)
3/6/2026
Societe
Generale
(5.63)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
4,711
(1,225,610)
3/6/2025
UBS
AG
(5.63)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
209,124
)
(3,234,932)
(
364,957
)
Total
Unrealized
Appreciation
4,711
Total
Unrealized
Depreciation
(
369,668
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Consumer
Discretionary
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
CONSUMER
STAPLES
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
162
SZK
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
120
.4
%
Repurchase
Agreements
(a)
—
37
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$223,875
(Cost
$223,743)
$
223,743
$
223,743
U.S.
Treasury
Obligations
(b)
—
82
.9
%
U.S.
Treasury
Bills
5.22%,
11/12/2024
(c)                                                                            
(Cost
$494,868)
500,000
495,153
Total
Short-Term
Investments
(Cost
$718,611)
718,896
Total
Investments
—
120.4%
(Cost
$718,611)
718,896
Liabilities
in
excess
of
other
assets
—
(20.4%)
(
121,665
)
Net
Assets
—
100.0%
$
597,231
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$32,679.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Consumer
Staples
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(240,621)
3/6/2025
Bank
of
America
NA
(5.18)%
S&P
Consumer
Staples
Select
Sector
Index
c
(
106,294
)
(223,970)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Consumer
Staples
Select
Sector
Index
c
(
33,526
)
(491,234)
3/6/2026
Societe
Generale
(5.63)%
S&P
Consumer
Staples
Select
Sector
Index
c
(
27,339
)
(238,956)
3/6/2026
UBS
AG
(5.63)%
S&P
Consumer
Staples
Select
Sector
Index
c
(
14,038
)
(1,194,781)
(
181,197
)
Total
Unrealized
Depreciation
(
181,197
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Consumer
Staples
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
163
DXD
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
142
.2
%
Repurchase
Agreements
(a)
—
46
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$31,610,397
(Cost
$31,591,844)
$
31,591,844
$
31,591,844
U.S.
Treasury
Obligations
(b)
—
95
.4
%
U.S.
Treasury
Bills
5.30%,
10/3/2024
(c)
15,000,000
14,935,750
5.28%,
11/5/2024
(c)
25,000,000
24,780,375
5.22%,
11/12/2024
(c)
25,000,000
24,757,674
Total
U.S.
Treasury
Obligations
(Cost
$64,439,384)
64,473,799
Total
Short-Term
Investments
(Cost
$96,031,228)
96,065,643
Total
Investments
—
142.2%
(Cost
$96,031,228)
96,065,643
Liabilities
in
excess
of
other
assets
—
(42.2%)
(
28,514,852
)
Net
Assets
—
100.0%
$
67,550,791
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$35,004,291.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraShort
Dow30
SM
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
DJIA
CBOT
E-Mini
Index
15
9/20/2024
U.S.
Dollar
$
3,123,975
$
(
105,845
)
Swap
Agreements
UltraShort
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(12,261,109)
11/6/2025
Bank
of
America
NA
(5.83)%
Dow
Jones
Industrial
Average
SM
(
1,092,475
)
(12,552,050)
11/6/2025
Barclays
Capital
(5.73)%
Dow
Jones
Industrial
Average
SM
(
1,286,126
)
(14,754,893)
2/11/2025
BNP
Paribas
SA
(5.63)%
Dow
Jones
Industrial
Average
SM
(
5,452,731
)
(13,840,506)
3/6/2025
Citibank
NA
(5.88)%
Dow
Jones
Industrial
Average
SM
(
5,734,436
)
(22,625,403)
11/7/2024
Goldman
Sachs
International
(5.83)%
Dow
Jones
Industrial
Average
SM
(
5,458,828
)
(26,725,060)
11/14/2024
Societe
Generale
(5.88)%
Dow
Jones
Industrial
Average
SM
(
2,679,309
)
(29,193,575)
11/7/2024
UBS
AG
(5.73)%
Dow
Jones
Industrial
Average
SM
(
6,913,600
)
(131,952,596)
(
28,617,505
)
Total
Unrealized
Depreciation
(
28,617,505
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
ENERGY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
164
DUG
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
133
.2
%
Repurchase
Agreements
(a)
—
66
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$8,256,747
(Cost
$8,251,900)
$
8,251,900
$
8,251,900
U.S.
Treasury
Obligations
(b)
—
67
.2
%
U.S.
Treasury
Bills
5.01%,
12/5/2024
(c)                                                                            
(Cost
$8,389,294)
8,500,000
8,392,624
Total
Short-Term
Investments
(Cost
$16,641,194)
16,644,524
Total
Investments
—
133.2%
(Cost
$16,641,194)
16,644,524
Liabilities
in
excess
of
other
assets
—
(33.2%)
(
4,144,055
)
Net
Assets
—
100.0%
$
12,500,469
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$5,617,809.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Energy
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(1,510,803)
3/6/2025
Bank
of
America
NA
(5.03)%
S&P
Energy
Select
Sector
Index
c
(
1,437,419
)
(5,510,999)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Energy
Select
Sector
Index
c
57,745
(4,454,199)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Energy
Select
Sector
Index
c
(
541,640
)
(4,416,048)
3/6/2025
Societe
Generale
(5.63)%
S&P
Energy
Select
Sector
Index
c
(
1,399,850
)
(9,106,787)
3/6/2025
UBS
AG
(5.63)%
S&P
Energy
Select
Sector
Index
c
(
792,386
)
(24,998,836)
(
4,113,550
)
Total
Unrealized
Appreciation
57,745
Total
Unrealized
Depreciation
(
4,171,295
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Energy
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
FINANCIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
165
SKF
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
103
.7
%
Repurchase
Agreements
(a)
—
95
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$11,603,436
(Cost
$11,596,626)
$
11,596,626
$
11,596,626
U.S.
Treasury
Obligations
(b)
—
8
.1
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)                                                                            
(Cost
$991,517)
1,000,000
991,848
Total
Short-Term
Investments
(Cost
$12,588,143)
12,588,474
Total
Investments
—
103.7%
(Cost
$12,588,143)
12,588,474
Liabilities
in
excess
of
other
assets
—
(3.7%)
(
452,370
)
Net
Assets
—
100.0%
$
12,136,104
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$991,763.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Financials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(852,003)
11/6/2025
Bank
of
America
NA
(5.43)%
S&P
Financial
Select
Sector
Index
c
(
330,933
)
(3,198,108)
3/6/2026
Barclays
Capital
(5.83)%
S&P
Financial
Select
Sector
Index
c
(
404,551
)
(3,005,648)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Financial
Select
Sector
Index
c
(
185,582
)
(2,141,264)
4/7/2025
Citibank
NA
(5.53)%
S&P
Financial
Select
Sector
Index
c
(
457,979
)
(4,240,884)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Financial
Select
Sector
Index
c
(
2,128,566
)
(8,975,300)
3/6/2026
Societe
Generale
(5.83)%
S&P
Financial
Select
Sector
Index
c
(
740,541
)
(1,856,512)
3/6/2026
UBS
AG
(5.63)%
S&P
Financial
Select
Sector
Index
c
(
66,143
)
(24,269,719)
(
4,314,295
)
Total
Unrealized
Depreciation
(
4,314,295
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Financials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
FTSE
CHINA
50
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
166
FXP
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
129
.6
%
Repurchase
Agreements
(a)
—
50
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$7,533,868
(Cost
$7,529,442)
$
7,529,442
$
7,529,442
U.S.
Treasury
Obligations
(b)
—
79
.3
%
U.S.
Treasury
Bills
5.29%,
11/21/2024
(c)
8,000,000
7,912,486
5.16%,
11/26/2024
(c)
4,000,000
3,953,689
Total
U.S.
Treasury
Obligations
(Cost
$11,858,631)
11,866,175
Total
Short-Term
Investments
(Cost
$19,388,073)
19,395,617
Total
Investments
—
129.6%
(Cost
$19,388,073)
19,395,617
Liabilities
in
excess
of
other
assets
—
(29.6%)
(
4,424,737
)
Net
Assets
—
100.0%
$
14,970,880
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$11,686,872.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
UltraShort
FTSE
China
50
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(12,475,591)
3/6/2025
Bank
of
America
NA
(3.83)%
iShares
®
China
Large-Cap
ETF
(
1,763,920
)
(489,344)
11/14/2024
Citibank
NA
(2.58)%
iShares
®
China
Large-Cap
ETF
1,461,212
(5,209,516)
3/6/2025
Goldman
Sachs
International
(4.83)%
iShares
®
China
Large-Cap
ETF
(
3,191,741
)
(1,232,622)
11/14/2024
Morgan
Stanley
&
Co.
International
plc
(5.13)%
iShares
®
China
Large-Cap
ETF
169,990
(35,252)
11/14/2024
Societe
Generale
(4.78)%
iShares
®
China
Large-Cap
ETF
964,949
(10,548,686)
11/13/2025
UBS
AG
(5.43)%
iShares
®
China
Large-Cap
ETF
(
2,056,538
)
(29,991,011)
(
4,416,048
)
Total
Unrealized
Appreciation
2,596,151
Total
Unrealized
Depreciation
(
7,012,199
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
FTSE
EUROPE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
167
EPV
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
132
.4
%
Repurchase
Agreements
(a)
—
14
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$2,757,047
(Cost
$2,755,430)
$
2,755,430
$
2,755,430
U.S.
Treasury
Obligations
(b)
—
117
.5
%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(c)
12,000,000
11,963,722
5.25%,
12/26/2024
(c)
10,000,000
9,846,528
Total
U.S.
Treasury
Obligations
(Cost
$21,795,321)
21,810,250
Total
Short-Term
Investments
(Cost
$24,550,751)
24,565,680
Total
Investments
—
132.4%
(Cost
$24,550,751)
24,565,680
Liabilities
in
excess
of
other
assets
—
(32.4%)
(
6,013,384
)
Net
Assets
—
100.0%
$
18,552,296
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$10,188,379.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
UltraShort
FTSE
Europe
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(8,531,529)
11/14/2024
Citibank
NA
(4.53)%
Vanguard
®
FTSE
Europe
ETF
Shares
(
1,210,860
)
(12,563,448)
4/10/2025
Goldman
Sachs
International
(4.83)%
Vanguard
®
FTSE
Europe
ETF
Shares
(
642,793
)
(437,122)
11/14/2024
Morgan
Stanley
&
Co.
International
plc
(5.13)%
Vanguard
®
FTSE
Europe
ETF
Shares
(
51,831
)
(6,150,282)
11/14/2024
Societe
Generale
(4.68)%
Vanguard
®
FTSE
Europe
ETF
Shares
(
3,017,596
)
(9,378,501)
3/6/2025
UBS
AG
(4.08)%
Vanguard
®
FTSE
Europe
ETF
Shares
(
1,040,452
)
(37,060,882)
(
5,963,532
)
Total
Unrealized
Depreciation
(
5,963,532
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
HEALTH
CARE
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
168
RXD
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
115
.8
%
Repurchase
Agreements
(a)
—
20
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$166,283
(Cost
$166,185)
$
166,185
$
166,185
U.S.
Treasury
Obligations
(b)
—
95
.7
%
U.S.
Treasury
Bills
5.22%,
11/12/2024
(c)                                                                            
(Cost
$791,788)
800,000
792,246
Total
Short-Term
Investments
(Cost
$957,973)
958,431
Total
Investments
—
115.8%
(Cost
$957,973)
958,431
Liabilities
in
excess
of
other
assets
—
(15.8%)
(
130,699
)
Net
Assets
—
100.0%
$
827,732
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$17,825.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Health
Care
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(274,466)
3/6/2025
Bank
of
America
NA
(5.38)%
S&P
Health
Care
Select
Sector
Index
c
(
104,676
)
(380,763)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Health
Care
Select
Sector
Index
c
(
30,032
)
(122,161)
4/7/2025
Citibank
NA
(5.58)%
S&P
Health
Care
Select
Sector
Index
c
(
16,459
)
(139,613)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Health
Care
Select
Sector
Index
c
(
71,644
)
(374,416)
11/6/2025
Societe
Generale
(5.73)%
S&P
Health
Care
Select
Sector
Index
c
(
23,276
)
(363,311)
3/6/2026
UBS
AG
(5.33)%
S&P
Health
Care
Select
Sector
Index
c
(
22,729
)
(1,654,730)
(
268,816
)
Total
Unrealized
Depreciation
(
268,816
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Health
Care
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
INDUSTRIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
169
SIJ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
115
.0
%
Repurchase
Agreements
(a)
—
115
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$1,345,001
(Cost
$1,344,213)
$
1,344,213
$
1,344,213
Total
Investments
—
115.0%
(Cost
$1,344,213)
1,344,213
Liabilities
in
excess
of
other
assets
—
(15.0%)
(
174,918
)
Net
Assets
—
100.0%
$
1,169,295
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Industrials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(366,662)
11/6/2025
Bank
of
America
NA
(5.23)%
S&P
Industrials
Select
Sector
Index
c
(
15,498
)
(709,498)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Industrials
Select
Sector
Index
c
(
63,904
)
(270,033)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Industrials
Select
Sector
Index
c
(
99,540
)
(841,867)
3/6/2026
Societe
Generale
(5.63)%
S&P
Industrials
Select
Sector
Index
c
(
56,232
)
(148,253)
3/6/2025
UBS
AG
(5.63)%
S&P
Industrials
Select
Sector
Index
c
(
116,866
)
(2,336,313)
(
352,040
)
Total
Unrealized
Depreciation
(
352,040
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Industrials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
MATERIALS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
170
SMN
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
126
.2
%
Repurchase
Agreements
(a)
—
117
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$1,277,094
(Cost
$1,276,344)
$
1,276,344
$
1,276,344
U.S.
Treasury
Obligations
(b)
—
9
.2
%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(c)                                                                            
(Cost
$99,667)
100,000
99,698
Total
Short-Term
Investments
(Cost
$1,376,011)
1,376,042
Total
Investments
—
126.2%
(Cost
$1,376,011)
1,376,042
Liabilities
in
excess
of
other
assets
—
(26.2%)
(
285,431
)
Net
Assets
—
100.0%
$
1,090,611
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$93,715.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Materials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(283,881)
3/6/2025
Bank
of
America
NA
(4.93)%
S&P
Materials
Select
Sector
Index
c
(
108,197
)
(520,781)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Materials
Select
Sector
Index
c
(
28,433
)
(516,783)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Materials
Select
Sector
Index
c
(
77,912
)
(543,772)
3/6/2025
Societe
Generale
(5.63)%
S&P
Materials
Select
Sector
Index
c
(
183,003
)
(315,867)
3/6/2025
UBS
AG
(5.63)%
S&P
Materials
Select
Sector
Index
c
(
152,318
)
(2,181,084)
(
549,863
)
Total
Unrealized
Depreciation
(
549,863
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Materials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
171
MZZ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
156
.3
%
Repurchase
Agreements
(a)
—
71
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$827,009
(Cost
$826,523)
$
826,523
$
826,523
U.S.
Treasury
Obligations
(b)
—
85
.2
%
U.S.
Treasury
Bills
5.22%,
11/12/2024
(c)                                                                            
(Cost
$989,735)
1,000,000
990,307
Total
Short-Term
Investments
(Cost
$1,816,258)
1,816,830
Total
Investments
—
156.3%
(Cost
$1,816,258)
1,816,830
Liabilities
in
excess
of
other
assets
—
(56.3%)
(
654,306
)
Net
Assets
—
100.0%
$
1,162,524
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$91,105.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(503,918)
2/11/2025
Bank
of
America
NA
(5.68)%
S&P
MidCap
400
®
(
222,167
)
(516,284)
2/11/2025
BNP
Paribas
SA
(5.53)%
S&P
MidCap
400
®
(
221,414
)
(194,766)
11/6/2025
Citibank
NA
(5.48)%
S&P
MidCap
400
®
(
146,976
)
(605,938)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.68)%
S&P
MidCap
400
®
(
24,379
)
(503,917)
11/14/2024
Societe
Generale
(5.51)%
S&P
MidCap
400
®
(
63,021
)
(2,324,823)
(
677,957
)
Total
Unrealized
Depreciation
(
677,957
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
MSCI
BRAZIL
CAPPED
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
172
BZQ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
128
.8
%
Repurchase
Agreements
(a)
—
48
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$6,590,718
(Cost
$6,586,847)
$
6,586,847
$
6,586,847
U.S.
Treasury
Obligations
(b)
—
80
.2
%
U.S.
Treasury
Bills
5.28%,
11/21/2024
(c)                                                                            
(Cost
$10,872,320)
11,000,000
10,879,668
Total
Short-Term
Investments
(Cost
$17,459,167)
17,466,515
Total
Investments
—
128.8%
(Cost
$17,459,167)
17,466,515
Liabilities
in
excess
of
other
assets
—
(28.8%)
(
3,906,525
)
Net
Assets
—
100.0%
$
13,559,990
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,499,891.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
UltraShort
MSCI
Brazil
Capped
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,487,381)
4/10/2025
Bank
of
America
NA
(3.83)%
iShares
®
MSCI
Brazil
Capped
ETF
(
3,773
)
(5,184,505)
11/14/2024
Citibank
NA
(5.13)%
iShares
®
MSCI
Brazil
Capped
ETF
(
1,674,897
)
(4,096,779)
3/6/2025
Goldman
Sachs
International
(4.83)%
iShares
®
MSCI
Brazil
Capped
ETF
(
1,339,675
)
(1,870,292)
11/14/2024
Morgan
Stanley
&
Co.
International
plc
(5.13)%
iShares
®
MSCI
Brazil
Capped
ETF
(
202,796
)
(11,715,109)
11/14/2024
Societe
Generale
(4.58)%
iShares
®
MSCI
Brazil
Capped
ETF
(
249,820
)
(2,765,565)
3/6/2025
UBS
AG
(5.23)%
iShares
®
MSCI
Brazil
Capped
ETF
(
1,116,190
)
(27,119,631)
(
4,587,151
)
Total
Unrealized
Depreciation
(
4,587,151
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
MSCI
EAFE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
173
EFU
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
145
.1
%
Repurchase
Agreements
(a)
—
63
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$603,516
(Cost
$603,162)
$
603,162
$
603,162
U.S.
Treasury
Obligations
(b)
—
81
.2
%
U.S.
Treasury
Bills
5.29%,
11/21/2024
(c)                                                                            
(Cost
$766,004)
775,000
766,522
Total
Short-Term
Investments
(Cost
$1,369,166)
1,369,684
Total
Investments
—
145.1%
(Cost
$1,369,166)
1,369,684
Liabilities
in
excess
of
other
assets
—
(45.1%)
(
425,435
)
Net
Assets
—
100.0%
$
944,249
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$546,932.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
UltraShort
MSCI
EAFE
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(171,892)
11/14/2024
Citibank
NA
(4.93)%
iShares
®
MSCI
EAFE
ETF
(
82,495
)
(171,892)
11/14/2024
Goldman
Sachs
International
(5.18)%
iShares
®
MSCI
EAFE
ETF
306
(477,291)
11/14/2024
Societe
Generale
(4.68)%
iShares
®
MSCI
EAFE
ETF
(
268,312
)
(1,063,057)
3/6/2025
UBS
AG
(5.23)%
iShares
®
MSCI
EAFE
ETF
(
56,011
)
(1,884,132)
(
406,512
)
Total
Unrealized
Appreciation
306
Total
Unrealized
Depreciation
(
406,818
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
MSCI
EMERGING
MARKETS
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
174
EEV
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
133
.7
%
Repurchase
Agreements
(a)
—
81
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$3,895,692
(Cost
$3,893,404)
$
3,893,404
$
3,893,404
U.S.
Treasury
Obligations
(b)
—
52
.1
%
U.S.
Treasury
Bills
5.27%,
10/10/2024
(c)                                                                            
(Cost
$2,485,902)
2,500,000
2,486,819
Total
Short-Term
Investments
(Cost
$6,379,306)
6,380,223
Total
Investments
—
133.7%
(Cost
$6,379,306)
6,380,223
Liabilities
in
excess
of
other
assets
—
(33.7%)
(
1,608,591
)
Net
Assets
—
100.0%
$
4,771,632
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,241,091.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
UltraShort
MSCI
Emerging
Markets
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(2,128,983)
11/14/2024
Citibank
NA
(4.78)%
iShares
®
MSCI
Emerging
Markets
ETF
(
196,425
)
(1,476,534)
11/14/2024
Goldman
Sachs
International
(4.98)%
iShares
®
MSCI
Emerging
Markets
ETF
(
299,879
)
(2,302,894)
11/14/2024
Societe
Generale
(4.73)%
iShares
®
MSCI
Emerging
Markets
ETF
(
581,476
)
(3,619,157)
3/6/2025
UBS
AG
(5.23)%
iShares
®
MSCI
Emerging
Markets
ETF
(
499,545
)
(9,527,568)
(
1,577,325
)
Total
Unrealized
Depreciation
(
1,577,325
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
MSCI
JAPAN
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
175
EWV
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
120
.7
%
Repurchase
Agreements
(a)
—
82
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$4,336,647
(Cost
$4,334,101)
$
4,334,101
$
4,334,101
U.S.
Treasury
Obligations
(b)
—
38
.0
%
U.S.
Treasury
Bills
5.27%,
10/10/2024
(c)                                                                            
(Cost
$1,988,721)
2,000,000
1,989,455
Total
Short-Term
Investments
(Cost
$6,322,822)
6,323,556
Total
Investments
—
120.7%
(Cost
$6,322,822)
6,323,556
Liabilities
in
excess
of
other
assets
—
(20.7%)
(
1,084,474
)
Net
Assets
—
100.0%
$
5,239,082
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,628,347.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
a
UltraShort
MSCI
Japan
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
b
Counterparty
Rate
Paid
(Received)
c
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(3,541,450)
4/10/2025
Bank
of
America
NA
(4.88)%
iShares
®
MSCI
Japan
ETF
(
83,028
)
(1,366,019)
11/14/2024
Morgan
Stanley
&
Co.
International
plc
(5.13)%
iShares
®
MSCI
Japan
ETF
(
229,802
)
(4,676,052)
11/14/2024
Societe
Generale
(4.63)%
iShares
®
MSCI
Japan
ETF
(
764,246
)
(846,831)
11/14/2024
UBS
AG
(5.33)%
iShares
®
MSCI
Japan
ETF
(
495,273
)
(10,430,352)
(
1,572,349
)
Total
Unrealized
Depreciation
(
1,572,349
)
a
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
b
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
c
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
NASDAQ
BIOTECHNOLOGY
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
176
BIS
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
127
.1
%
Repurchase
Agreements
(a)
—
80
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$2,580,075
(Cost
$2,578,562)
$
2,578,562
$
2,578,562
U.S.
Treasury
Obligations
(b)
—
46
.4
%
U.S.
Treasury
Bills
5.19%,
11/14/2024
(c)                                                                            
(Cost
$1,484,275)
1,500,000
1,485,030
Total
Short-Term
Investments
(Cost
$4,062,837)
4,063,592
Total
Investments
—
127.1%
(Cost
$4,062,837)
4,063,592
Liabilities
in
excess
of
other
assets
—
(27.1%)
(
867,027
)
Net
Assets
—
100.0%
$
3,196,565
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$979,100.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Nasdaq
Biotechnology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(288,038)
3/6/2025
Bank
of
America
NA
(5.08)%
Nasdaq
Biotechnology
Index
®
165,933
(2,138,316)
11/6/2025
BNP
Paribas
SA
(5.13)%
Nasdaq
Biotechnology
Index
®
(
409,856
)
(976,400)
3/6/2025
Citibank
NA
(4.73)%
Nasdaq
Biotechnology
Index
®
(
80,528
)
(561,430)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.63)%
Nasdaq
Biotechnology
Index
®
(
73,487
)
(1,703,818)
11/14/2024
Societe
Generale
(5.58)%
Nasdaq
Biotechnology
Index
®
(
165,852
)
(722,536)
11/6/2025
UBS
AG
(5.33)%
Nasdaq
Biotechnology
Index
®
(
282,589
)
(6,390,538)
(
846,379
)
Total
Unrealized
Appreciation
165,933
Total
Unrealized
Depreciation
(
1,012,312
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
QQQ
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
177
QID
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
132
.1
%
Repurchase
Agreements
(a)
—
37
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$87,007,341
(Cost
$86,956,271)
$
86,956,271
$
86,956,271
U.S.
Treasury
Obligations
(b)
—
95
.1
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
100,000,000
99,767,778
5.28%,
11/5/2024
(c)
50,000,000
49,560,750
5.28%,
11/21/2024
(c)
75,000,000
74,179,552
Total
U.S.
Treasury
Obligations
(Cost
$223,408,646)
223,508,080
Total
Short-Term
Investments
(Cost
$310,364,917)
310,464,351
Total
Investments
—
132.1%
(Cost
$310,364,917)
310,464,351
Liabilities
in
excess
of
other
assets
—
(32.1%)
(
75,485,141
)
Net
Assets
—
100.0%
$
234,979,210
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$99,622,703.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraShort
QQQ
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Nasdaq
100
E-Mini
Index
30
9/20/2024
U.S.
Dollar
$
11,773,800
$
226,442
ULTRASHORT
QQQ
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
178
QID
::
Swap
Agreements
UltraShort
QQQ
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(43,808,044)
1/26/2026
Bank
of
America
NA
(5.83)%
Nasdaq-100
Index
®
286,262
(50,678,743)
11/6/2025
Barclays
Capital
(5.73)%
Nasdaq-100
Index
®
(
11,406,016
)
(26,680,234)
1/26/2026
BNP
Paribas
SA
(5.73)%
Nasdaq-100
Index
®
(
1,030,682
)
(58,782,644)
3/6/2026
Citibank
NA
(5.88)%
Nasdaq-100
Index
®
(
6,741,817
)
(52,557,909)
11/7/2024
Goldman
Sachs
International
(5.83)%
Nasdaq-100
Index
®
(
32,411,474
)
(53,986,857)
4/7/2025
J.P.
Morgan
Securities
(5.63)%
Nasdaq-100
Index
®
(
9,622,119
)
(57,549,442)
4/10/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
Nasdaq-100
Index
®
(
10,728,838
)
(23,881,061)
4/7/2026
Nomura
Global
Financial
(5.73)%
Nasdaq-100
Index
®
(
110,846
)
(30,399,416)
3/6/2026
Societe
Generale
(6.13)%
Nasdaq-100
Index
®
(
1,219,725
)
(59,854,140)
3/6/2026
UBS
AG
(5.73)%
Nasdaq-100
Index
®
(
812,689
)
(458,178,490)
(
73,797,944
)
Total
Unrealized
Appreciation
286,262
Total
Unrealized
Depreciation
(
74,084,206
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
REAL
ESTATE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
179
SRS
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
141
.4
%
Repurchase
Agreements
(a)
—
64
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$18,282,498
(Cost
$18,271,766)
$
18,271,766
$
18,271,766
U.S.
Treasury
Obligations
(b)
—
76
.8
%
U.S.
Treasury
Bills
5.15%,
10/31/2024
(c)
2,000,000
1,983,696
5.01%,
12/5/2024
(c)
20,000,000
19,747,350
Total
U.S.
Treasury
Obligations
(Cost
$21,722,549)
21,731,046
Total
Short-Term
Investments
(Cost
$39,994,315)
40,002,812
Total
Investments
—
141.4%
(Cost
$39,994,315)
40,002,812
Liabilities
in
excess
of
other
assets
—
(41.4%)
(
11,706,280
)
Net
Assets
—
100.0%
$
28,296,532
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$15,111,329.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Real
Estate
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(14,909,576)
3/6/2025
Bank
of
America
NA
(5.68)%
S&P
Real
Estate
Select
Sector
Index
c
(
3,983,591
)
(13,278,558)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Real
Estate
Select
Sector
Index
c
(
911,925
)
(5,178,559)
4/7/2025
Citibank
NA
(5.58)%
S&P
Real
Estate
Select
Sector
Index
c
(
862,563
)
(7,243,704)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Real
Estate
Select
Sector
Index
c
(
2,021,443
)
(4,362,622)
3/6/2025
Societe
Generale
(5.78)%
S&P
Real
Estate
Select
Sector
Index
c
(
1,439,189
)
(11,620,847)
3/6/2025
UBS
AG
(5.63)%
S&P
Real
Estate
Select
Sector
Index
c
(
2,434,620
)
(56,593,866)
(
11,653,331
)
Total
Unrealized
Depreciation
(
11,653,331
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Real
Estate
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
RUSSELL2000
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
180
TWM
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
166
.0
%
Repurchase
Agreements
(a)
—
47
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$20,133,494
(Cost
$20,121,677)
$
20,121,677
$
20,121,677
U.S.
Treasury
Obligations
(b)
—
118
.1
%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(c)
25,000,000
24,924,422
5.19%,
11/19/2024
(c)
25,000,000
24,733,708
Total
U.S.
Treasury
Obligations
(Cost
$49,636,719)
49,658,130
Total
Short-Term
Investments
(Cost
$69,758,396)
69,779,807
Total
Investments
—
166.0%
(Cost
$69,758,396)
69,779,807
Liabilities
in
excess
of
other
assets
—
(66.0%)
(
27,741,275
)
Net
Assets
—
100.0%
$
42,038,532
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$28,989,569.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraShort
Russell2000
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
Russell
2000
E-Mini
Index
25
9/20/2024
U.S.
Dollar
$
2,778,875
$
(
17,366
)
Swap
Agreements
UltraShort
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(5,575,122)
11/6/2025
Bank
of
America
NA
(5.18)%
Russell
2000
®
Index
(
790,065
)
(14,496,647)
11/6/2025
Barclays
Capital
(5.63)%
Russell
2000
®
Index
(
3,903,234
)
(3,565,949)
2/11/2025
BNP
Paribas
SA
(5.23)%
Russell
2000
®
Index
(
1,765,749
)
(4,810,039)
3/6/2025
Citibank
NA
(5.38)%
Russell
2000
®
Index
(
2,863,028
)
(858,223)
11/7/2024
Goldman
Sachs
International
(5.48)%
Russell
2000
®
Index
299,151
(23,101,052)
11/6/2025
Morgan
Stanley
&
Co.
International
plc
(5.33)%
Russell
2000
®
Index
(
9,060,656
)
(5,820,831)
11/6/2025
Morgan
Stanley
&
Co.
International
plc
(5.33)%
iShares
®
Russell
2000
ETF
(
3,803,641
)
(28,921,883)
(
12,864,297
)
(12,427,599)
11/6/2025
Societe
Generale
(5.38)%
Russell
2000
®
Index
(
6,013,566
)
(10,637,650)
11/7/2024
UBS
AG
(5.63)%
Russell
2000
®
Index
(
444,732
)
(81,293,112)
(
28,345,520
)
Total
Unrealized
Appreciation
299,151
Total
Unrealized
Depreciation
(
28,644,671
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
181
SDS
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
151
.0
%
Repurchase
Agreements
(a)
—
21
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$95,605,076
(Cost
$95,548,958)
$
95,548,958
$
95,548,958
U.S.
Treasury
Obligations
(b)
—
129
.3
%
U.S.
Treasury
Bills
5.21%,
9/19/2024
(c)
100,000,000
99,767,778
5.28%,
10/10/2024
(c)
100,000,000
99,472,750
5.29%,
10/24/2024
(c)
50,000,000
49,638,278
5.28%,
11/5/2024
(c)
75,000,000
74,341,125
5.29%,
11/7/2024
(c)
100,000,000
99,094,288
5.22%,
11/12/2024
(c)
100,000,000
99,030,694
5.26%,
12/19/2024
(c)
50,000,000
49,279,236
Total
U.S.
Treasury
Obligations
(Cost
$570,333,056)
570,624,149
Total
Short-Term
Investments
(Cost
$665,882,014)
666,173,107
Total
Investments
—
151.0%
(Cost
$665,882,014)
666,173,107
Liabilities
in
excess
of
other
assets
—
(51.0%)
(
225,128,388
)
Net
Assets
—
100.0%
$
441,044,719
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$268,829,134.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Futures
Contracts
Sold
UltraShort
S&P500
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2024:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
500
E-Mini
Index
89
9/20/2024
U.S.
Dollar
$
25,191,450
$
(
579,999
)
ULTRASHORT
S&P500
®
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
182
SDS
::
Swap
Agreements
UltraShort
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(82,698,224)
3/6/2025
Bank
of
America
NA
(5.73)%
S&P
500
®
(
40,061,497
)
(42,809,224)
3/6/2026
Barclays
Capital
(5.73)%
S&P
500
®
(
9,367,695
)
(92,119,756)
2/11/2025
BNP
Paribas
SA
(5.63)%
S&P
500
®
(
47,009,501
)
(87,646,223)
3/6/2026
Citibank
NA
(5.68)%
S&P
500
®
(
6,831,213
)
(185,849,305)
1/26/2026
Goldman
Sachs
International
(5.83)%
S&P
500
®
(
8,189,914
)
(51,366,550)
4/7/2025
J.P.
Morgan
Securities
(5.53)%
S&P
500
®
(
20,566,290
)
(74,112,656)
4/10/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
S&P
500
®
(
23,710,317
)
(148,134,938)
1/26/2026
Societe
Generale
(5.93)%
S&P
500
®
(
9,714,426
)
(92,151,726)
11/7/2024
UBS
AG
(5.73)%
S&P
500
®
(
61,506,470
)
(856,888,602)
(
226,957,323
)
Total
Unrealized
Depreciation
(
226,957,323
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
SEMICONDUCTORS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
183
SSG
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
131
.6
%
Repurchase
Agreements
(a)
—
80
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$7,868,528
(Cost
$7,863,910)
$
7,863,910
$
7,863,910
U.S.
Treasury
Obligations
(b)
—
51
.0
%
U.S.
Treasury
Bills
5.27%,
10/10/2024
(c)                                                                            
(Cost
$4,971,804)
5,000,000
4,973,638
Total
Short-Term
Investments
(Cost
$12,835,714)
12,837,548
Total
Investments
—
131.6%
(Cost
$12,835,714)
12,837,548
Liabilities
in
excess
of
other
assets
—
(31.6%)
(
3,079,813
)
Net
Assets
—
100.0%
$
9,757,735
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,851,846.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Semiconductors
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(1,803,090)
11/6/2025
Bank
of
America
NA
(5.53)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
140,116
)
(1,620,960)
3/6/2026
Barclays
Capital
(5.83)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
390,868
)
(3,114,428)
3/6/2026
BNP
Paribas
SA
(5.43)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
143,551
(1,347,764)
3/6/2026
Goldman
Sachs
International
(5.58)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
105,387
)
(1,475,255)
4/7/2025
J.P.
Morgan
Securities
(5.53)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
949,602
)
(7,212,360)
4/7/2025
Morgan
Stanley
&
Co.
International
plc
(5.68)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
808,801
)
(1,548,108)
11/6/2025
Societe
Generale
(5.73)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
20,384
)
(1,438,829)
11/6/2025
UBS
AG
(5.63)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
855,721
)
(19,560,794)
(
3,127,328
)
Total
Unrealized
Appreciation
143,551
Total
Unrealized
Depreciation
(
3,270,879
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Semiconductors
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
SMALLCAP600
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
184
SDD
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
122
.7
%
Repurchase
Agreements
(a)
—
81
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$1,465,259
(Cost
$1,464,398)
$
1,464,398
$
1,464,398
U.S.
Treasury
Obligations
(b)
—
41
.3
%
U.S.
Treasury
Bills
5.22%,
11/12/2024
(c)                                                                            
(Cost
$742,301)
750,000
742,730
Total
Short-Term
Investments
(Cost
$2,206,699)
2,207,128
Total
Investments
—
122.7%
(Cost
$2,206,699)
2,207,128
Liabilities
in
excess
of
other
assets
—
(22.7%)
(
408,895
)
Net
Assets
—
100.0%
$
1,798,233
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$529,796.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
SmallCap600
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(2,305,314)
11/6/2025
Bank
of
America
NA
(5.53)%
S&P
SmallCap
600
®
(
126,034
)
(634,244)
1/26/2026
Morgan
Stanley
&
Co.
International
plc
(5.63)%
S&P
SmallCap
600
®
(
112,465
)
(505,700)
3/6/2025
Societe
Generale
(5.38)%
S&P
SmallCap
600
®
(
203,072
)
(151,145)
11/7/2024
UBS
AG
(5.63)%
S&P
SmallCap
600
®
48,159
(3,596,403)
(
393,412
)
Total
Unrealized
Appreciation
48,159
Total
Unrealized
Depreciation
(
441,571
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2024
(Unaudited)
::
ULTRASHORT
TECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
185
REW
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
129
.8
%
Repurchase
Agreements
(a)
—
53
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$2,405,088
(Cost
$2,403,676)
$
2,403,676
$
2,403,676
U.S.
Treasury
Obligations
(b)
—
76
.6
%
U.S.
Treasury
Bills
5.29%,
11/21/2024
(c)                                                                            
(Cost
$3,459,373)
3,500,000
3,461,712
Total
Short-Term
Investments
(Cost
$5,863,049)
5,865,388
Total
Investments
—
129.8%
(Cost
$5,863,049)
5,865,388
Liabilities
in
excess
of
other
assets
—
(29.8%)
(
1,346,502
)
Net
Assets
—
100.0%
$
4,518,886
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,485,520.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Technology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(1,678,920)
3/6/2025
Bank
of
America
NA
(5.63)%
S&P
Technology
Select
Sector
Index
c
(
528,797
)
(691,972)
3/6/2026
Barclays
Capital
(5.78)%
S&P
Technology
Select
Sector
Index
c
(
13,402
)
(1,650,088)
3/6/2026
BNP
Paribas
SA
(5.63)%
S&P
Technology
Select
Sector
Index
c
(
20,469
)
(365,947)
4/7/2025
Citibank
NA
(5.58)%
S&P
Technology
Select
Sector
Index
c
(
2,423
)
(736,330)
3/6/2025
Goldman
Sachs
International
(5.58)%
S&P
Technology
Select
Sector
Index
c
(
348,096
)
(1,823,081)
4/7/2025
J.P.
Morgan
Securities
(5.48)%
S&P
Technology
Select
Sector
Index
c
(
371,886
)
(966,987)
11/6/2025
Societe
Generale
(5.63)%
S&P
Technology
Select
Sector
Index
c
(
46,109
)
(1,153,287)
3/6/2026
UBS
AG
(5.63)%
S&P
Technology
Select
Sector
Index
c
5,711
(9,066,612)
(
1,325,471
)
Total
Unrealized
Appreciation
5,711
Total
Unrealized
Depreciation
(
1,331,182
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Technology
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
UTILITIES
::
AUGUST
31,
2024
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
186
SDP
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
106
.3
%
Repurchase
Agreements
(a)
—
50
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
5.2%
-
5.32%,
dated
8/30/2024,
due
9/3/2024,
total
to
be
received
$531,021
(Cost
$530,711)
$
530,711
$
530,711
U.S.
Treasury
Obligations
(b)
—
56
.2
%
U.S.
Treasury
Bills
5.26%,
9/24/2024
(c)
300,000
299,093
5.19%,
11/19/2024
(c)
200,000
197,870
5.16%,
11/26/2024
(c)
100,000
98,842
Total
U.S.
Treasury
Obligations
(Cost
$595,548)
595,805
Total
Short-Term
Investments
(Cost
$1,126,259)
1,126,516
Total
Investments
—
106.3%
(Cost
$1,126,259)
1,126,516
Liabilities
in
excess
of
other
assets
—
(6.3%)
(
66,299
)
Net
Assets
—
100.0%
$
1,060,217
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$249,115.
(c)
The
rate
shown
was
the
current
yield
as
of
August
31,
2024.
Swap
Agreements
UltraShort
Utilities
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2024:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(640,269)
3/6/2025
Bank
of
America
NA
(5.13)%
S&P
Utilities
Select
Sector
Index
c
(
20,894
)
(729,430)
4/7/2025
Goldman
Sachs
International
(5.58)%
S&P
Utilities
Select
Sector
Index
c
(
86,034
)
(681,775)
3/6/2026
Societe
Generale
(5.63)%
S&P
Utilities
Select
Sector
Index
c
(
33,502
)
(69,945)
3/6/2025
UBS
AG
(5.53)%
S&P
Utilities
Select
Sector
Index
c
63,964
(2,121,419)
(
76,466
)
Total
Unrealized
Appreciation
63,964
Total
Unrealized
Depreciation
(
140,430
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2024,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Utilities
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
NOTES
TO
FINANCIAL
STATEMENTS
::
AUGUST
31,
2024
(Unaudited)
::
187
PROSHARES
TRUST
Repurchase
Agreements 
Each
of
the
Funds
may
enter
into
repurchase
agreements.
Repurchase
agreements
are
primarily
used
by
the
Funds
as
short
term
investments
for
cash
positions.
Under
a
repurchase
agreement,
a
Fund
purchases
one
or
more
debt
securities
and
simultaneously
agrees
to
sell
those
securities
back
to
the
seller
at
a
mutually
agreed-upon
future
price
and
date,
normally
one
day
or
a
few
days
later.
The
resale
price
is
greater
than
the
purchase
price,
reflecting
an
agreed-upon
market
interest
rate
during
the
purchaser’s
holding
period.
While
the
maturities
of
the
underlying
securities
in
repurchase
transactions
may
be
more
than
one
year,
the
term
of
each
repurchase
agreement
will
always
be
less
than
one
year.
The
Funds
follow
certain
procedures
designed
to
minimize
the
risks
inherent
in
such
agreements.
These
procedures
include
effecting
repurchase
transactions
generally
with
major
global
financial
institutions
whose
creditworthiness
is
monitored
by
the
Advisor.
In
addition,
the
value
of
the
collateral
underlying
the
repurchase
agreement
is
required
to
be
at
least
equal
to
the
repurchase
price,
including
any
accrued
interest
income
earned
on
the
repurchase
agreement.
The
Funds
may
invest
in
repurchase
agreements
through
joint
account
arrangements;
in
such
cases,
each
Fund
holds
a
pro
rata
share
of
the
collateral
and
interest
income
based
upon
the
dollar
amount
of
the
repurchase
agreements
entered
into
by
each
Fund.
The
collateral
underlying
the
repurchase
agreement
is
held
by
the
Fund’s
custodian.
A
repurchase
agreement
is
subject
to
the
risk
that
the
counterparty
to
the
repurchase
agreement
that
sells
the
securities
may
default
on
its
obligation
to
repurchase
them.
In
this
circumstance,
a
Fund
may
lose
money
because
it
may
not
be
able
to
sell
the
securities
at
the
agreed
upon
time
and
price,
the
securities
may
lose
value
before
they
can
be
sold,
the
selling
institution
may
declare
bankruptcy
or
the
Fund
may
have
difficulty
exercising
rights
to
the
collateral.
During
periods
of
high
demand
for
repurchase
agreements,
the
Funds
may
be
unable
to
invest
available
cash
in
these
instruments
to
the
extent
desired
by
the
Advisor.
On
August
31,
2024,
the
Funds
had
interest
in
joint
repurchase
agreements
with
the
following
counterparties,
for
the
time
periods
and
rates
indicated.
Amounts
shown
in
the
table
below
represent
Principal
Amount,
Cost
and
Value
for
each
respective
repurchase
agreement.
Each
Repurchase
Agreement
was
fully
collateralized
by
U.S.
government
and/or
agency
securities
at
August
31,
2024 as
follows: 
Fund
Name
A
Bank
of
America
Securities,
Inc.,  5.2%,
dated
08/30/2024
due
09/03/2024
(a)
Bank
of
America
Securities,
Inc.,  5.32%,
dated
08/30/2024
due
09/03/2024
(b)
Barclays
Capital,
Inc.,  5.2%,
dated
08/30/2024
due
09/03/2024
(c)
Barclays
Capital,
Inc.,  5.25%,
dated
08/30/2024
due
09/03/2024
(d)
Barclays
Capital,
Inc.,  5.29%,
dated
08/30/2024
due
09/03/2024
(e)
BNP
Paribas
Securities
Corp.,
5.31%,
dated
8/30/2024
due
09/03/2024
(f)
ING
Financial
Markets
LLC,
5.3%,
dated
08/30/2024
due
09/03/2024
(g)
Total
Short
7-10
Year
Treasury
$
227,202
$
1,211,744
$
1,514,680
$
151,468
$
3,034,395
$
3,938,169
$
302,936
$
10,380,594
Short
20+
Year
Treasury
410,563
2,189,671
2,737,089
273,709
5,483,273
7,116,431
547,418
18,758,154
Short
Dow30
SM
....
1,029,056
5,488,298
6,860,373
686,037
13,743,543
17,836,968
1,372,075
47,016,350
Short
Financials
....
256,863
1,369,939
1,712,424
171,242
3,430,537
4,452,300
342,485
11,735,790
Short
FTSE
China
50
.
89,355
476,558
595,697
59,570
1,193,374
1,548,813
119,139
4,082,506
Short
High
Yield
....
706,766
3,769,419
4,711,774
471,177
9,439,207
12,250,614
942,355
32,291,312
Short
MidCap400
...
137,840
735,147
918,934
91,893
1,840,922
2,389,230
183,787
6,297,753
Short
MSCI
EAFE
...
153,131
816,698
1,020,872
102,087
2,045,136
2,654,266
204,174
6,996,364
Short
MSCI
Emerging
Markets
........
243,043
1,296,231
1,620,289
162,029
3,245,962
4,212,751
324,058
11,104,363
Short
QQQ
.......
5,298,058
28,256,312
35,320,389
3,532,039
70,758,152
91,833,013
7,064,078
242,062,041
Short
Real
Estate
...
209,318
1,116,364
1,395,455
139,546
2,795,547
3,628,183
279,091
9,563,504
Short
Russell2000
..
383,448
2,045,058
2,556,323
255,632
5,121,141
6,646,439
511,265
17,519,306
Short
S&P500
®
....
2,576,777
13,742,809
17,178,511
1,717,851
34,414,109
44,664,130
3,435,702
117,729,889
Short
SmallCap600
..
78,460
418,451
523,064
52,306
1,047,867
1,359,969
104,613
3,584,730
Ultra
7-10
Year
Treasury
1,020,852
5,444,546
6,805,682
680,568
13,633,981
17,694,774
1,361,136
46,641,539
Ultra
20+
Year
Treasury
2,058,759
10,980,046
13,725,058
1,372,506
27,495,725
35,685,150
2,745,012
94,062,256
Ultra
Communication
Services
.......
7,169
38,234
47,793
4,779
95,745
124,261
9,559
327,540
Ultra
Consumer
Discretionary
....
44,253
236,016
295,020
29,502
591,022
767,053
59,004
2,021,870
Ultra
Consumer
Staples
25,102
133,875
167,344
16,734
335,244
435,094
33,469
1,146,862
Ultra
Dow30
SM
.....
600,161
3,200,856
4,001,072
400,108
8,015,437
10,402,784
800,214
27,420,632
Ultra
Energy
......
309,867
1,652,623
2,065,779
206,578
4,138,422
5,371,024
413,156
14,157,449
Ultra
Financials
....
154,963
826,471
1,033,089
103,309
2,069,611
2,686,030
206,618
7,080,091
Ultra
FTSE
China
50
.
123,408
658,168
822,711
82,271
1,648,155
2,139,048
164,542
5,638,303
Ultra
FTSE
Europe
..
40,954
218,423
273,029
27,303
546,965
709,876
54,606
1,871,156
Ultra
Health
Care
...
149,564
797,675
997,093
99,709
1,997,501
2,592,443
199,419
6,833,404
Ultra
High
Yield
....
97,062
517,661
647,077
64,708
1,296,304
1,682,400
129,415
4,434,627
188
::
AUGUST
31,
2024
(Unaudited)
::
NOTES
TO
FINANCIAL
STATEMENTS
PROSHARES
TRUST
Fund
Name
A
Bank
of
America
Securities,
Inc.,  5.2%,
dated
08/30/2024
due
09/03/2024
(a)
Bank
of
America
Securities,
Inc.,  5.32%,
dated
08/30/2024
due
09/03/2024
(b)
Barclays
Capital,
Inc.,  5.2%,
dated
08/30/2024
due
09/03/2024
(c)
Barclays
Capital,
Inc.,  5.25%,
dated
08/30/2024
due
09/03/2024
(d)
Barclays
Capital,
Inc.,  5.29%,
dated
08/30/2024
due
09/03/2024
(e)
BNP
Paribas
Securities
Corp.,
5.31%,
dated
8/30/2024
due
09/03/2024
(f)
ING
Financial
Markets
LLC,
5.3%,
dated
08/30/2024
due
09/03/2024
(g)
Total
Ultra
Industrials
....
$
5,816
$
31,019
$
38,774
$
3,877
$
77,676
$
100,812
$
7,755
$
265,729
Ultra
Materials
.....
17,897
95,453
119,315
11,932
239,026
310,219
23,863
817,705
Ultra
MidCap400
...
21,397
114,120
142,650
14,265
285,774
370,889
28,530
977,625
Ultra
MSCI
Brazil
Capped
........
18,476
98,539
123,174
12,317
246,756
320,250
24,635
844,147
Ultra
MSCI
EAFE
...
81,146
432,781
540,977
54,098
1,083,750
1,406,538
108,195
3,707,485
Ultra
MSCI
Emerging
Markets
........
167,404
892,821
1,116,026
111,603
2,235,763
2,901,669
223,205
7,648,491
Ultra
MSCI
Japan
...
51,143
272,765
340,956
34,096
683,045
886,485
68,191
2,336,681
Ultra
Nasdaq
Biotechnology
...
240,558
1,282,974
1,603,717
160,372
3,212,764
4,169,666
320,743
10,990,794
Ultra
Nasdaq
Cloud
Computing
......
13,922
74,248
92,810
9,281
185,930
241,307
18,562
636,060
Ultra
Nasdaq
Cybersecurity
....
19,100
101,864
127,331
12,733
255,084
331,058
25,466
872,636
Ultra
QQQ
........
1,464,975
7,813,203
9,766,503
976,650
19,565,462
25,392,909
1,953,301
66,933,003
Ultra
Real
Estate
...
160,384
855,381
1,069,224
106,923
2,142,003
2,779,985
213,845
7,327,745
Ultra
Russell2000
...
813,984
4,341,245
5,426,557
542,656
10,871,148
14,109,047
1,085,311
37,189,948
Ultra
S&P500
®
.....
3,776,506
20,141,363
25,176,704
2,517,670
50,437,072
65,459,429
5,035,341
172,544,085
Ultra
Semiconductors
1,759,072
9,381,717
11,727,146
1,172,715
23,493,261
30,490,577
2,345,429
80,369,917
Ultra
SmallCap600
..
192,384
1,026,051
1,282,563
128,256
2,569,388
3,334,664
256,513
8,789,819
Ultra
Technology
...
375,342
2,001,824
2,502,279
250,228
5,012,874
6,505,925
500,456
17,148,928
Ultra
Utilities
......
20,236
107,928
134,908
13,491
270,267
350,763
26,982
924,575
UltraPro
Dow30
SM
...
811,359
4,327,248
5,409,059
540,906
10,836,096
14,063,555
1,081,812
37,070,035
UltraPro
MidCap400
.
83,364
444,606
555,758
55,576
1,113,363
1,444,972
111,152
3,808,791
UltraPro
QQQ
.....
9,967,983
53,162,576
66,453,219
6,645,322
133,127,270
172,778,370
13,290,644
455,425,384
UltraPro
Russell2000
.
469,386
2,503,392
3,129,239
312,924
6,268,877
8,136,021
625,848
21,445,687
UltraPro
S&P500
®
...
3,347,964
17,855,810
22,319,763
2,231,976
44,713,695
58,031,382
4,463,952
152,964,542
UltraPro
Short
20+
Year
Treasury
.......
1,373
7,323
9,155
915
18,339
23,802
1,831
62,738
UltraPro
Short
Dow30
SM
2,163,188
11,537,002
14,421,252
1,442,125
28,890,428
37,495,257
2,884,250
98,833,502
UltraPro
Short
MidCap400
.....
44,459
237,112
296,391
29,639
593,766
770,616
59,278
2,031,261
UltraPro
Short
QQQ
.
7,105,211
37,894,459
47,368,076
4,736,807
94,893,559
123,156,994
9,473,615
324,628,721
UltraPro
Short
Russell2000
.....
409,291
2,182,883
2,728,604
272,860
5,466,275
7,094,371
545,721
18,700,005
UltraPro
Short
S&P500
®
2,731,784
14,569,515
18,211,894
1,821,189
36,484,309
47,350,926
3,642,379
124,811,996
UltraShort
7-10
Year
Treasury
.......
278,744
1,486,637
1,858,295
185,830
3,722,768
4,831,567
371,659
12,735,500
UltraShort
20+
Year
Treasury
.......
1,298,579
6,925,753
8,657,193
865,719
17,343,152
22,508,698
1,731,438
59,330,532
UltraShort
Consumer
Discretionary
....
17,538
93,540
116,925
11,692
234,239
304,006
23,385
801,325
UltraShort
Consumer
Staples
........
4,897
26,118
32,647
3,265
65,403
84,884
6,529
223,743
UltraShort
Dow30
SM
.
691,457
3,687,770
4,609,712
460,970
9,234,743
11,985,250
921,942
31,591,844
UltraShort
Energy
...
180,610
963,258
1,204,072
120,407
2,412,148
3,130,590
240,815
8,251,900
UltraShort
Financials
.
253,818
1,353,694
1,692,117
169,212
3,389,858
4,399,504
338,423
11,596,626
UltraShort
FTSE
China
50
...........
164,798
878,925
1,098,656
109,866
2,200,962
2,856,504
219,731
7,529,442
UltraShort
FTSE
Europe
60,308
321,646
402,057
40,206
805,451
1,045,350
80,412
2,755,430
UltraShort
Health
Care
3,637
19,399
24,249
2,425
48,578
63,047
4,850
166,185
UltraShort
Industrials
29,421
156,912
196,140
19,615
392,933
509,964
39,228
1,344,213
UltraShort
Materials
.
27,936
148,990
186,237
18,624
373,094
484,216
37,247
1,276,344
UltraShort
MidCap400
18,090
96,482
120,602
12,060
241,604
313,565
24,120
826,523
UltraShort
MSCI
Brazil
Capped
........
144,168
768,894
961,116
96,112
1,925,430
2,498,904
192,223
6,586,847
NOTES
TO
FINANCIAL
STATEMENTS
::
AUGUST
31,
2024
(Unaudited)
::
189
PROSHARES
TRUST
Fund
Name
A
Bank
of
America
Securities,
Inc.,  5.2%,
dated
08/30/2024
due
09/03/2024
(a)
Bank
of
America
Securities,
Inc.,  5.32%,
dated
08/30/2024
due
09/03/2024
(b)
Barclays
Capital,
Inc.,  5.2%,
dated
08/30/2024
due
09/03/2024
(c)
Barclays
Capital,
Inc.,  5.25%,
dated
08/30/2024
due
09/03/2024
(d)
Barclays
Capital,
Inc.,  5.29%,
dated
08/30/2024
due
09/03/2024
(e)
BNP
Paribas
Securities
Corp.,
5.31%,
dated
8/30/2024
due
09/03/2024
(f)
ING
Financial
Markets
LLC,
5.3%,
dated
08/30/2024
due
09/03/2024
(g)
Total
UltraShort
MSCI
EAFE
$
13,202
$
70,408
$
88,010
$
8,801
$
176,313
$
228,826
$
17,602
$
603,162
UltraShort
MSCI
Emerging
Markets
.
85,216
454,483
568,105
56,810
1,138,097
1,477,072
113,621
3,893,404
UltraShort
MSCI
Japan
94,861
505,927
632,409
63,241
1,266,919
1,644,262
126,482
4,334,101
UltraShort
Nasdaq
Biotechnology
...
56,437
301,000
376,250
37,625
753,750
978,250
75,250
2,578,562
UltraShort
QQQ
....
1,903,229
10,150,552
12,688,191
1,268,819
25,418,546
32,989,296
2,537,638
86,956,271
UltraShort
Real
Estate
399,918
2,132,894
2,666,118
266,611
5,341,096
6,931,905
533,224
18,271,766
UltraShort
Russell2000
440,407
2,348,837
2,936,047
293,605
5,881,851
7,633,721
587,209
20,121,677
UltraShort
S&P500
®
.
2,091,298
11,153,592
13,941,989
1,394,199
27,930,310
36,249,172
2,788,398
95,548,958
UltraShort
Semiconductors
..
172,119
917,968
1,147,459
114,746
2,298,732
2,983,394
229,492
7,863,910
UltraShort
SmallCap600
32,052
170,942
213,677
21,368
428,064
555,560
42,735
1,464,398
UltraShort
Technology
52,610
280,585
350,732
35,073
702,628
911,902
70,146
2,403,676
UltraShort
Utilities
..
11,616
61,951
77,438
7,744
155,135
201,339
15,488
530,711
$
61,294,064
$
326,901,672
$
408,627,088
$
40,862,708
$
818,612,101
$
1,062,430,419
$
81,725,418
$
2,800,453,470
Each
Repurchase
Agreement
was
fully
collateralized
by
U.S.
government
and/or
agency
securities
at
August
31,
2024
as
follows:
(a)
U.S.
Treasury
Bonds,
1/31/2025
to
5/15/2051;
U.S.
Treasury
Notes,
2.63%
to
4%,
due
5/31/2027
to
2/15/2034,
which
had
an
aggregate
value
at
the
Trust
level
of
$76,499,999.
(b)
U.S.
Treasury
Bonds,
0%,
due
5/15/2032
to
2/15/2046;
U.S.
Treasury
Notes,
0.63%
to
4.88%,
due
6/15/2025
to
7/15/2032,
which
had
an
aggregate
value
at
the
Trust
level
of
$407,999,997.
(c)
Treasury
Bills,
0%,
due
10/24/2024;
U.S.
Treasury
Notes,
0.25%,
due
9/30/2025,
which
had
an
aggregate
value
at
the
Trust
level
of
$510,000,044.
(d)
U.S.
Treasury
Notes,
4.38%,
due
11/30/2028,
which
had
an
aggregate
value
at
the
Trust
level
of
$51,000,015.
(e)
U.S.
Treasury
Notes,
1%
to
4.13%,
due
7/31/2028
to
3/31/2029,
which
had
an
aggregate
value
at
the
Trust
level
of
$1,021,694,888.
(f)
U.S.
Treasury
Bills,
0%,
due
10/1/2024
to
1/30/2025;
U.S.
Treasury
Bonds,
0%
to
7.63%,
due
1/15/2025
to
8/15/2054;
U.S.
Treasury
Notes,
0.13%
to
5.19%,
due
10/31/2024
to
5/15/2034,
which
had
an
aggregate
value
at
the
Trust
level
of
$1,326,000,009.
(g)
U.S.
Treasury
Notes,
2%,
due
2/15/2025,
which
had
an
aggregate
value
at
the
Trust
level
of
$102,000,007.