2026
Quarterly
Report
|
September
30,
2026
Page
1
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
Schedules
of
Investments
September
30,
2026
(unaudited)
Dynamic
Allocation
Fund
Security
Description
Shares,
Contracts
or
Principal
Amount
($)
Fair
Value
($)
Common
Stocks
(United
States)
—
56
.5
%
Communication
Services
—
4.3%
Alphabet
Inc
.......................
57,780
19,687,957
Comcast
Corp
......................
21,320
463,923
Meta
Platforms
Inc
...................
9,731
7,056,727
Space
Exploration
Technologies
Corp
(1)
......
2,433
367,042
27,575,649
Consumer
Discretionary
—
2.1%
Abercrombie
&
Fitch
Co
(1)
...............
3,227
434,645
Amazon.com
Inc
(1)
...................
8,915
2,221,172
Asbury
Automotive
Group
Inc
(1)
...........
2,258
389,053
BorgWarner
Inc
.....................
1,193
71,711
Brinker
International
Inc
(1)
..............
9,900
1,915,947
Cavco
Industries
Inc
(1)
.................
759
425,237
Chipotle
Mexican
Grill
Inc
(1)
.............
1,440
46,008
Dana
Inc
..........................
3,993
109,049
Five
Below
Inc
(1)
.....................
1,960
430,357
Flexsteel
Industries
Inc
................
1,540
130,361
Garmin
Ltd
........................
529
151,738
Garrett
Motion
Inc
...................
3,159
82,229
General
Motors
Co
...................
2,767
213,059
Lear
Corp
.........................
12,934
1,526,600
Life
Time
Group
Holdings
Inc
(1)
...........
18,704
745,915
Murphy
USA
Inc
.....................
2,534
1,277,212
Oxford
Industries
Inc
..................
1,499
36,636
Pattern
Group
Inc
(1)
...................
2,125
36,465
Phoenix
Education
Partners
Inc
...........
4,362
110,926
Ross
Stores
Inc
.....................
57
13,304
Royal
Caribbean
Cruises
Ltd
............
8,476
2,253,429
Victoria's
Secret
&
Co
(1)
................
8,586
759,518
XPEL
Inc
(1)
.........................
723
31,935
13,412,506
Consumer
Staples
—
1.4%
Archer-Daniels-Midland
Co
.............
1,977
156,934
Colgate-Palmolive
Co
.................
542
46,243
Costco
Wholesale
Corp
................
8,943
8,141,171
Dollar
Tree
Inc
(1)
.....................
322
36,714
Philip
Morris
International
Inc
............
4,214
804,116
9,185,178
Energy
—
2.0%
APA
Corp
.........................
4,688
194,740
Chevron
Corp
......................
12,356
2,523,219
Devon
Energy
Corp
...................
13,871
638,621
EOG
Resources
Inc
...................
5,118
705,056
Expand
Energy
Corp
..................
15,150
1,273,963
Forum
Energy
Technologies
Inc
(1)
.........
382
30,923
Gulfport
Energy
Corp
(1)
................
4,096
616,366
HF
Sinclair
Corp
.....................
5,313
570,191
Marathon
Petroleum
Corp
..............
1,748
691,194
Nabors
Industries
Ltd
(1)
................
7,669
599,102
Par
Pacific
Holdings
Inc
(1)
...............
3,729
304,361
Phillips
66
.........................
4,436
1,132,555
SM
Energy
Co
......................
436
14,728
Valero
Energy
Corp
...................
7,706
2,986,923
Viper
Energy
Inc
.....................
14,561
580,838
12,862,780
Financials
—
7.7%
Ally
Financial
Inc
....................
47,560
1,789,207
Ameriprise
Financial
Inc
...............
9,590
4,721,636
Arch
Capital
Group
Ltd
(1)
...............
16,400
1,514,704
Assurant
Inc
.......................
813
214,225
Bank
of
New
York
Mellon
Corp/The
........
35,932
5,196,845
Berkshire
Hathaway
Inc
(1)
..............
11,793
5,872,324
CME
Group
Inc
......................
4,669
1,223,185
Customers
Bancorp
Inc
(1)
...............
20,596
1,524,104
First
American
Financial
Corp
............
4,941
300,116
HCI
Group
Inc
......................
3,571
620,711
Jack
Henry
&
Associates
Inc
............
14,824
2,123,390
LendingTree
Inc
(1)
....................
1,895
46,295
Loews
Corp
........................
1,307
136,490
Mastercard
Inc
.....................
23,321
12,860,832
Mercury
General
Corp
.................
362
35,784
Moelis
&
Co
.......................
865
49,755
Northern
Trust
Corp
..................
4,063
688,110
Pathward
Financial
Inc
................
2,268
161,345
Progressive
Corp/The
.................
4,192
869,044
QCR
Holdings
Inc
....................
887
86,815
Raymond
James
Financial
Inc
...........
2,939
464,421
Remitly
Global
Inc
(1)
..................
5,172
110,370
S&T
Bancorp
Inc
....................
2,796
135,243
State
Street
Corp
....................
4,593
801,892
Toast
Inc
(1)
........................
29,989
869,381
Visa
Inc
..........................
18,775
6,746,421
WEX
Inc
(1)
.........................
871
146,938
49,309,583
Health
Care
—
8.5%
AbbVie
Inc
........................
20,188
5,280,979
Agilent
Technologies
Inc
...............
364
62,721
Amgen
Inc
........................
14,949
6,301,153
Bristol-Myers
Squibb
Co
...............
10,692
667,181
Cardinal
Health
Inc
...................
4,911
1,092,698
CareDx
Inc
(1)
.......................
4,184
271,960
Caris
Life
Sciences
Inc
(1)
...............
750
22,972
Centene
Corp
(1)
.....................
4,878
303,021
Cigna
Group/The
....................
4,708
1,279,776
CVS
Health
Corp
....................
11,039
945,932
2026
Quarterly
Report
|
September
30,
2026
Page
2
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
Schedules
of
Investments
September
30,
2026
(unaudited)
Elevance
Health
Inc
..................
3,621
1,407,917
Eli
Lilly
&
Co
.......................
6,074
7,028,104
Encompass
Health
Corp
...............
9,127
1,108,839
Gilead
Sciences
Inc
..................
23,872
3,558,122
Humana
Inc
.......................
560
213,679
IQVIA
Holdings
Inc
(1)
..................
428
115,068
Johnson
&
Johnson
..................
29,677
7,856,689
McKesson
Corp
.....................
1,569
1,339,628
Merck
&
Co
Inc
.....................
10,101
1,467,776
Mettler-Toledo
International
Inc
(1)
.........
563
850,665
Natera
Inc
(1)
........................
6,241
2,579,468
Regeneron
Pharmaceuticals
Inc
..........
1,727
1,309,532
Twist
Bioscience
Corp
(1)
................
1,138
219,907
United
Therapeutics
Corp
(1)
.............
2,577
1,396,451
UnitedHealth
Group
Inc
................
8,622
3,164,964
Vertex
Pharmaceuticals
Inc
(1)
............
5,882
3,075,168
West
Pharmaceutical
Services
Inc
.........
3,153
1,169,006
Zoetis
Inc
.........................
1,176
82,120
54,171,496
Industrials
—
3.4%
Acuity
Inc
.........................
527
163,270
Allegion
plc
........................
6,542
1,005,963
Apogee
Enterprises
Inc
................
1,566
55,389
Applied
Industrial
Technologies
Inc
........
1,293
429,651
Comfort
Systems
USA
Inc
..............
883
1,460,562
Copart
Inc
(1)
........................
51,394
1,402,028
Dover
Corp
........................
515
96,331
Emerson
Electric
Co
..................
2,977
461,733
Everus
Construction
Group
Inc
(1)
..........
156
18,333
Innodata
Inc
(1)
......................
5,653
371,741
Johnson
Controls
International
plc
.........
6,672
991,793
Lincoln
Electric
Holdings
Inc
.............
6,062
1,603,884
ManpowerGroup
Inc
..................
2,842
157,958
McGrath
RentCorp
...................
2,003
229,043
MYR
Group
Inc
(1)
....................
77
22,519
Northrop
Grumman
Corp
...............
3,920
1,895,242
SkyWest
Inc
(1)
......................
13,807
1,338,174
Southwest
Airlines
Co
.................
24,222
1,008,604
Stanley
Black
&
Decker
Inc
.............
13,937
1,234,679
Toro
Co/The
.......................
117
11,281
Trane
Technologies
PLC
................
4,272
1,930,859
United
Airlines
Holdings
Inc
(1)
............
22,419
2,487,388
Vicor
Corp
(1)
........................
537
155,161
Watts
Water
Technologies
Inc
............
194
68,711
Xylem
Inc/NY
.......................
31,998
3,240,438
21,840,735
Information
Technology
—
23.7%
Advanced
Micro
Devices
Inc
(1)
...........
9,187
5,620,239
Amkor
Technology
Inc
.................
3,078
161,226
Amphenol
Corp
.....................
7,817
658,973
Analog
Devices
Inc
...................
9,534
3,782,233
Apple
Inc
.........................
87,683
29,200,193
Applied
Materials
Inc
.................
7,848
4,013,310
Astera
Labs
Inc
(1)
....................
810
288,336
Atlassian
Corp
(1)
.....................
2,420
433,882
Broadcom
Inc
......................
29,351
10,307,778
CDW
Corp/DE
......................
8,392
1,075,519
Cisco
Systems
Inc
...................
29,065
3,128,266
Core
Scientific
Inc
(1)
..................
13,787
220,316
Credo
Technology
Group
Holding
Ltd
(1)
......
2,118
412,565
Crowdstrike
Holdings
Inc
(1)
..............
4,158
1,100,830
Dell
Technologies
Inc
.................
2,408
1,295,384
Diebold
Nixdorf
Inc
(1)
..................
1,082
66,240
Everpure
Inc
(1)
......................
10,882
1,423,148
Hewlett
Packard
Enterprise
Co
...........
8,692
555,332
HP
Inc
...........................
6,894
215,644
Insight
Enterprises
Inc
(1)
................
3,338
521,796
Intel
Corp
(1)
........................
22,042
2,650,110
Jabil
Inc
..........................
162
46,471
KLA
Corp
.........................
6,034
1,176,208
Lam
Research
Corp
..................
9,734
3,197,716
Manhattan
Associates
Inc
(1)
.............
8,683
1,725,312
Marvell
Technology
Inc
................
3,222
851,285
MaxLinear
Inc
(1)
.....................
409
36,937
Micron
Technology
Inc
................
6,445
6,864,634
Microsoft
Corp
......................
45,622
23,399,524
Monolithic
Power
Systems
Inc
...........
636
856,832
NVIDIA
Corp
.......................
133,561
30,502,661
Okta
Inc
(1)
.........................
2,467
515,874
QUALCOMM
Inc
.....................
12,213
2,247,680
RingCentral
Inc
.....................
5,106
381,418
Sandisk
Corp
(1)
......................
892
1,551,982
TD
SYNNEX
Corp
....................
7,478
1,920,724
Teledyne
Technologies
Inc
(1)
.............
3,954
2,399,327
Teradyne
Inc
.......................
1,655
663,506
Texas
Instruments
Inc
.................
10,168
2,847,955
TTM
Technologies
Inc
(1)
................
89
10,933
Tyler
Technologies
Inc
(1)
................
646
205,816
Ubiquiti
Inc
........................
570
323,492
Universal
Display
Corp
................
3,589
276,497
Vistance
Networks
Inc
.................
2,425
14,501
Western
Digital
Corp
..................
2,687
1,221,134
Zebra
Technologies
Corp
(1)
..............
3,936
1,469,348
151,839,087
Materials
—
1.2%
Anglogold
Ashanti
Plc
.................
10,641
999,722
CF
Industries
Holdings
Inc
..............
4,211
485,107
Coeur
Mining
Inc
....................
12,502
220,035
Ingevity
Corp
(1)
......................
850
60,138
Kaiser
Aluminum
Corp
.................
995
144,096
Newmont
Corp
.....................
14,563
1,679,696
Nucor
Corp
........................
6,614
1,546,023
Reliance
Inc
.......................
1,447
556,733
Royal
Gold
Inc
......................
8,620
2,034,320
2026
Quarterly
Report
|
September
30,
2026
Page
3
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
Schedules
of
Investments
September
30,
2026
(unaudited)
SSR
Mining
Inc
.....................
8,638
287,818
8,013,688
Real
Estate
—
1.9%
CBL
&
Associates
Properties
Inc
..........
1,432
76,412
Cousins
Properties
Inc
................
16,735
462,555
Jones
Lang
LaSalle
Inc
(1)
...............
7,541
2,303,926
Simon
Property
Group
Inc
..............
45,672
9,169,111
12,012,004
Utilities
—
0.3%
Edison
International
..................
30,945
1,662,675
1,662,675
Total
Common
Stocks
(United
States)
(
Cost
$
272,354,743
)
................
361,885,381
Registered
Investment
Companies
—
4
.2
%
U.S.
Fixed
Income
—
4.0%
Baird
Core
Plus
Bond
Fund
-
Class
I
.......
416,637
4,058,041
Dodge
&
Cox
Income
Fund
-
Class
I
........
183,048
2,198,410
Fidelity
Advisor
Capital
&
Income
Fund
-
Class
Z
215,874
2,603,436
Fidelity
Total
Bond
Fund
-
Class
Z
.........
285,460
2,594,831
Frost
Total
Return
Bond
Fund
-
Class
I
......
24,276
220,910
Guggenheim
Total
Return
Bond
Fund
-
Class
I
.
133,410
3,016,395
iShares
20+
Year
Treasury
Bond
ETF
(2)
......
14,584
1,134,344
iShares
7-10
Year
Treasury
Bond
ETF
(2)
.....
56,308
5,028,867
PGIM
Total
Return
Bond
Fund
-
Class
R6
....
263,105
3,007,295
PIMCO
Total
Return
Fund
-
Class
I
.........
154,809
1,283,370
25,145,899
International
Fixed
Income
—
0.2%
Eaton
Vance
Emerging
Markets
Debt
Opportunities
Fund
-
Class
R6
..........
161,044
1,389,812
1,389,812
Total
Registered
Investment
Companies
(
Cost
$
27,649,970
)
.................
26,535,711
Money
Market
Registered
Investment
Companies
—
37
.1
%
Meeder
Government
Money
Market
Fund
,
3.72
%
(3)
........................
237,781,452
237,781,452
Total
Money
Market
Registered
Investment
Companies
(
Cost
$
237,781,452
)
................
237,781,452
Total
Investments
—
97
.8
%
(Cost
$
537,786,165
)
................
626,202,544
Other
Assets
less
Liabilities
—
2
.2
%
.......
14,263,149
Total
Net
Assets
—
100
.0
%
.............
640,465,693
Security
Description
Shares,
Contracts
or
Principal
Amount
($)
Fair
Value
($)
Trustee
Deferred
Compensation
(4)
Meeder
Balanced
Fund
-
Retail
Class
.......
5,481
79,911
Meeder
Conservative
Allocation
Fund
-
Retail
Class
..........................
759
18,306
Meeder
Dynamic
Allocation
Fund
-
Retail
Class
11,337
186,832
Meeder
Muirfield
Fund
-
Retail
Class
.......
6,230
69,773
Total
Trustee
Deferred
Compensation
(Cost
$
235,905
)
...................
354,822
Long
(Short)
Contracts
Expiration
Date
Notional
Value
of
Contracts
($)
Value
and
Unrealized
Appreciation
(Depreciation)
($)
Futures
Contracts
Other
Futures
Mini
MSCI
EAFE
Futures
-
Dec
2026
........
505
12/17/26
79,199,150
(
1,076,605
)
Mini
MSCI
Emg
Mkt
Futures
-
Dec
2026
..
232
12/17/26
19,847,600
253,042
Russell
2000
Futures
Mini
December
2026
....
238
12/17/26
33,528,250
(
1,131,171
)
S&P
500
Mini
Futures
December
2026
....
232
12/17/26
89,499,800
273,257
S&P
Mid
Cap
Futures
EMini
December
2026
58
12/17/26
21,009,920
(
493,768
)
Total
Futures
Contracts
.
1,265
243,084,720
(
2,175,245
)
(1)
Represents
non-income
producing
securities.
(2)
Exchange-traded
fund.
(3)
Investment
in
affiliate.
The
yield
shown
represents
the
7-day
yield
in
effect
at
September
30,
2026.
(4)
Assets
of
affiliates
to
the
Dynamic
Allocation
Fund
held
for
the
benefit
of
the
Fund’s
Trustees
in
connection
with
the
Trustee
Deferred
Compensation
Plan.