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)
Moderate
Allocation
Fund
Security
Description
Shares,
Contracts
or
Principal
Amount
($)
Fair
Value
($)
Common
Stocks
(United
States)
—
38
.0
%
Communication
Services
—
2.9%
Alphabet
Inc
.......................
12,001
4,089,220
Comcast
Corp
......................
4,588
99,835
IDT
Corp
..........................
1,029
82,289
Meta
Platforms
Inc
...................
2,010
1,457,612
Space
Exploration
Technologies
Corp
(1)
......
509
76,788
5,805,744
Consumer
Discretionary
—
1.4%
Abercrombie
&
Fitch
Co
(1)
...............
619
83,373
Amazon.com
Inc
(1)
...................
1,895
472,139
Asbury
Automotive
Group
Inc
(1)
...........
566
97,522
Brinker
International
Inc
(1)
..............
1,891
365,965
Capri
Holdings
Ltd
(1)
..................
365
5,154
Cavco
Industries
Inc
(1)
.................
390
218,501
Dana
Inc
..........................
612
16,714
Five
Below
Inc
(1)
.....................
435
95,513
Flexsteel
Industries
Inc
................
379
32,082
Garmin
Ltd
........................
107
30,692
Garrett
Motion
Inc
...................
698
18,169
Lear
Corp
.........................
2,447
288,819
Life
Time
Group
Holdings
Inc
(1)
...........
4,669
186,200
Murphy
USA
Inc
.....................
578
291,329
Oxford
Industries
Inc
..................
191
4,668
Pattern
Group
Inc
(1)
...................
932
15,993
Phoenix
Education
Partners
Inc
...........
2,074
52,742
Ross
Stores
Inc
.....................
30
7,002
Royal
Caribbean
Cruises
Ltd
............
1,339
355,987
Victoria's
Secret
&
Co
(1)
................
1,670
147,728
XPEL
Inc
(1)
.........................
538
23,764
2,810,056
Consumer
Staples
—
0.9%
Archer-Daniels-Midland
Co
.............
170
13,495
Costco
Wholesale
Corp
................
1,857
1,690,501
Dollar
Tree
Inc
(1)
.....................
21
2,395
Philip
Morris
International
Inc
............
527
100,562
1,806,953
Energy
—
1.4%
APA
Corp
.........................
2,180
90,557
Chevron
Corp
......................
2,853
582,611
Devon
Energy
Corp
...................
2,445
112,568
EOG
Resources
Inc
...................
1,359
187,216
Expand
Energy
Corp
..................
2,143
180,205
Gulfport
Energy
Corp
(1)
................
777
116,923
HF
Sinclair
Corp
.....................
1,046
112,257
Marathon
Petroleum
Corp
..............
490
193,756
Nabors
Industries
Ltd
(1)
................
1,617
126,320
Par
Pacific
Holdings
Inc
(1)
...............
785
64,072
PBF
Energy
Inc
.....................
556
42,790
Phillips
66
.........................
907
231,566
SM
Energy
Co
......................
436
14,728
Valero
Energy
Corp
...................
1,402
543,429
Viper
Energy
Inc
.....................
3,942
157,246
2,756,244
Financials
—
5.3%
Ally
Financial
Inc
....................
9,133
343,584
Ameriprise
Financial
Inc
...............
1,766
869,490
Arch
Capital
Group
Ltd
(1)
...............
3,399
313,932
Assurant
Inc
.......................
94
24,769
Bank
of
New
York
Mellon
Corp/The
........
9,083
1,313,674
Berkshire
Hathaway
Inc
(1)
..............
2,806
1,397,248
CME
Group
Inc
......................
965
252,811
Customers
Bancorp
Inc
(1)
...............
5,271
390,054
First
American
Financial
Corp
............
1,079
65,538
Goosehead
Insurance
Inc
(1)
..............
59
2,676
HCI
Group
Inc
......................
915
159,045
Jack
Henry
&
Associates
Inc
............
2,872
411,385
LendingTree
Inc
(1)
....................
1,316
32,150
Mastercard
Inc
.....................
4,630
2,553,306
Mercury
General
Corp
.................
39
3,855
Moelis
&
Co
.......................
83
4,774
Northern
Trust
Corp
..................
941
159,368
Pathward
Financial
Inc
................
455
32,369
Progressive
Corp/The
.................
1,162
240,894
QCR
Holdings
Inc
....................
71
6,949
Raymond
James
Financial
Inc
...........
792
125,152
Remitly
Global
Inc
(1)
..................
1,091
23,282
S&T
Bancorp
Inc
....................
286
13,834
State
Street
Corp
....................
925
161,496
Toast
Inc
(1)
........................
8,070
233,949
Visa
Inc
..........................
3,821
1,373,000
WEX
Inc
(1)
.........................
326
54,996
10,563,580
Health
Care
—
5.7%
AbbVie
Inc
........................
3,810
996,658
Agilent
Technologies
Inc
...............
57
9,822
Amgen
Inc
........................
3,814
1,607,639
Bristol-Myers
Squibb
Co
...............
1,803
112,507
Cardinal
Health
Inc
...................
1,009
224,502
CareDx
Inc
(1)
.......................
1,014
65,910
Caris
Life
Sciences
Inc
(1)
...............
223
6,830
Centene
Corp
(1)
.....................
973
60,443
Cigna
Group/The
....................
857
232,958
CVS
Health
Corp
....................
1,879
161,012
Elevance
Health
Inc
..................
701
272,563
Eli
Lilly
&
Co
.......................
1,300
1,504,204
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)
Encompass
Health
Corp
...............
1,638
199,001
Gilead
Sciences
Inc
..................
5,785
862,254
Humana
Inc
.......................
128
48,841
IQVIA
Holdings
Inc
(1)
..................
11
2,957
Johnson
&
Johnson
..................
5,924
1,568,320
McKesson
Corp
.....................
331
282,611
Merck
&
Co
Inc
.....................
2,371
344,530
Mettler-Toledo
International
Inc
(1)
.........
196
296,146
Natera
Inc
(1)
........................
1,194
493,492
Regeneron
Pharmaceuticals
Inc
..........
307
232,789
Twist
Bioscience
Corp
(1)
................
182
35,170
United
Therapeutics
Corp
(1)
.............
424
229,761
UnitedHealth
Group
Inc
................
1,635
600,176
Vertex
Pharmaceuticals
Inc
(1)
............
1,228
642,011
West
Pharmaceutical
Services
Inc
.........
645
239,140
11,332,247
Industrials
—
2.5%
Acuity
Inc
.........................
133
41,205
Allegion
plc
........................
1,944
298,929
Apogee
Enterprises
Inc
................
187
6,614
Applied
Industrial
Technologies
Inc
........
265
88,057
Comfort
Systems
USA
Inc
..............
130
215,032
Copart
Inc
(1)
........................
11,370
310,174
Emerson
Electric
Co
..................
861
133,541
Innodata
Inc
(1)
......................
1,123
73,848
Johnson
Controls
International
plc
.........
1,850
275,002
Lincoln
Electric
Holdings
Inc
.............
1,331
352,156
ManpowerGroup
Inc
..................
308
17,119
McGrath
RentCorp
...................
482
55,117
MYR
Group
Inc
(1)
....................
21
6,142
Northrop
Grumman
Corp
...............
1,048
506,687
SkyWest
Inc
(1)
......................
2,586
250,635
Southwest
Airlines
Co
.................
5,054
210,448
Stanley
Black
&
Decker
Inc
.............
3,015
267,099
Trane
Technologies
PLC
................
1,272
574,918
United
Airlines
Holdings
Inc
(1)
............
6,464
717,181
Valmont
Industries
Inc
.................
21
9,723
Vicor
Corp
(1)
........................
111
32,072
Xylem
Inc/NY
.......................
5,679
575,112
5,016,811
Information
Technology
—
15.9%
Advanced
Micro
Devices
Inc
(1)
...........
1,867
1,142,156
Amkor
Technology
Inc
.................
1,275
66,784
Amphenol
Corp
.....................
1,880
158,484
Analog
Devices
Inc
...................
1,823
723,202
Apple
Inc
.........................
18,629
6,203,829
Applied
Materials
Inc
.................
1,652
844,800
Astera
Labs
Inc
(1)
....................
175
62,295
Atlassian
Corp
(1)
.....................
508
91,079
Broadcom
Inc
......................
6,010
2,110,652
CDW
Corp/DE
......................
1,286
164,814
Cisco
Systems
Inc
...................
5,662
609,401
Core
Scientific
Inc
(1)
..................
3,055
48,819
Credo
Technology
Group
Holding
Ltd
(1)
......
408
79,474
Crowdstrike
Holdings
Inc
(1)
..............
893
236,422
Dell
Technologies
Inc
.................
477
256,602
Everpure
Inc
(1)
......................
2,023
264,568
Hewlett
Packard
Enterprise
Co
...........
1,574
100,563
HP
Inc
...........................
1,768
55,303
Insight
Enterprises
Inc
(1)
................
733
114,582
Intel
Corp
(1)
........................
4,426
532,138
Jabil
Inc
..........................
38
10,901
KLA
Corp
.........................
1,304
254,189
Lam
Research
Corp
..................
2,013
661,291
Manhattan
Associates
Inc
(1)
.............
1,720
341,764
Marvell
Technology
Inc
................
660
174,379
Micron
Technology
Inc
................
1,304
1,388,903
Microsoft
Corp
......................
9,448
4,845,879
Monolithic
Power
Systems
Inc
...........
142
191,305
NVIDIA
Corp
.......................
28,083
6,413,595
Okta
Inc
(1)
.........................
543
113,547
QUALCOMM
Inc
.....................
2,308
424,764
RingCentral
Inc
.....................
998
74,551
Sandisk
Corp
(1)
......................
173
301,001
TD
SYNNEX
Corp
....................
2,289
587,930
Teledyne
Technologies
Inc
(1)
.............
812
492,730
Teradyne
Inc
.......................
279
111,854
Texas
Instruments
Inc
.................
2,205
617,598
Tyler
Technologies
Inc
(1)
................
131
41,737
Ubiquiti
Inc
........................
181
102,723
Universal
Display
Corp
................
707
54,467
Vistance
Networks
Inc
.................
537
3,211
Western
Digital
Corp
..................
671
304,943
Zebra
Technologies
Corp
(1)
..............
673
251,238
31,630,467
Materials
—
0.7%
Anglogold
Ashanti
Plc
.................
2,090
196,355
CF
Industries
Holdings
Inc
..............
169
19,469
Coeur
Mining
Inc
....................
2,020
35,552
Ingevity
Corp
(1)
......................
57
4,033
Kaiser
Aluminum
Corp
.................
162
23,461
Newmont
Corp
.....................
2,845
328,142
Nucor
Corp
........................
1,270
296,863
Reliance
Inc
.......................
205
78,874
Royal
Gold
Inc
......................
1,680
396,480
SSR
Mining
Inc
.....................
2,848
94,895
1,474,124
Real
Estate
—
1.1%
CBL
&
Associates
Properties
Inc
..........
290
15,474
Cousins
Properties
Inc
................
3,434
94,916
Jones
Lang
LaSalle
Inc
(1)
...............
1,530
467,446
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)
Simon
Property
Group
Inc
..............
8,292
1,664,702
2,242,538
Utilities
—
0.2%
Consolidated
Water
Co
Ltd
..............
105
2,942
Edison
International
..................
5,905
317,276
320,218
Total
Common
Stocks
(United
States)
(
Cost
$
53,684,098
)
.................
75,758,982
Registered
Investment
Companies
—
46
.3
%
U.S.
Fixed
Income
—
43.8%
Baird
Core
Plus
Bond
Fund
-
Class
I
.......
1,949,370
18,986,862
Dodge
&
Cox
Income
Fund
-
Class
I
........
671,144
8,060,434
Fidelity
Advisor
Capital
&
Income
Fund
-
Class
Z
804,394
9,700,989
Fidelity
Total
Bond
Fund
-
Class
Z
.........
1,050,480
9,548,867
Frost
Total
Return
Bond
Fund
-
Class
I
......
98,448
895,873
Guggenheim
Total
Return
Bond
Fund
-
Class
I
.
291,283
6,585,916
iShares
20+
Year
Treasury
Bond
ETF
(2)
......
55,960
4,352,569
iShares
7-10
Year
Treasury
Bond
ETF
(2)
.....
146,895
13,119,192
PGIM
Total
Return
Bond
Fund
-
Class
R6
....
574,457
6,566,048
PIMCO
Total
Return
Fund
-
Class
I
.........
1,137,347
9,428,608
87,245,358
International
Fixed
Income
—
2.5%
Eaton
Vance
Emerging
Markets
Debt
Opportunities
Fund
-
Class
R6
..........
578,102
4,989,021
4,989,021
Total
Registered
Investment
Companies
(
Cost
$
94,149,462
)
.................
92,234,379
Money
Market
Registered
Investment
Companies
—
14
.6
%
Meeder
Government
Money
Market
Fund
,
3.72
%
(3)
........................
28,994,963
28,994,963
Total
Money
Market
Registered
Investment
Companies
(
Cost
$
28,994,963
)
.................
28,994,963
Total
Investments
—
98
.9
%
(Cost
$
176,828,523
)
................
196,988,324
Other
Assets
less
Liabilities
—
1
.1
%
.......
2,131,245
Total
Net
Assets
—
100
.0
%
.............
199,119,569
Security
Description
Shares,
Contracts
or
Principal
Amount
($)
Fair
Value
($)
Trustee
Deferred
Compensation
(4)
Meeder
Balanced
Fund
-
Retail
Class
.......
980
14,291
Meeder
Conservative
Allocation
Fund
-
Retail
Class
..........................
154
3,726
Meeder
Dynamic
Allocation
Fund
-
Retail
Class
1,786
29,433
Meeder
Muirfield
Fund
-
Retail
Class
.......
3,062
34,289
Total
Trustee
Deferred
Compensation
(Cost
$
62,060
)
....................
81,739
Long
(Short)
Contracts
Expiration
Date
Notional
Value
of
Contracts
($)
Value
and
Unrealized
Appreciation
(Depreciation)
($)
Futures
Contracts
Other
Futures
Mini
MSCI
EAFE
Futures
-
Dec
2026
........
65
12/17/26
10,193,950
(
140,011
)
Mini
MSCI
Emg
Mkt
Futures
-
Dec
2026
..
34
12/17/26
2,908,700
39,039
Russell
2000
Futures
Mini
December
2026
....
32
12/17/26
4,508,000
(
156,362
)
S&P
500
Mini
Futures
December
2026
....
1
12/17/26
385,775
1,175
S&P
Mid
Cap
Futures
EMini
December
2026
3
12/17/26
1,086,720
(
26,015
)
Total
Futures
Contracts
.
135
19,083,145
(
282,174
)
(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
Moderate
Allocation
Fund
held
for
the
benefit
of
the
Fund’s
Trustees
in
connection
with
the
Trustee
Deferred
Compensation
Plan.