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)
Balanced
Fund
Security
Description
Shares,
Contracts
or
Principal
Amount
($)
Fair
Value
($)
Common
Stocks
(United
States)
—
51
.9
%
Communication
Services
—
4.0%
Alphabet
Inc
.......................
40,711
13,871,866
Comcast
Corp
......................
23,273
506,420
IDT
Corp
..........................
2,177
174,095
Meta
Platforms
Inc
...................
6,854
4,970,384
Space
Exploration
Technologies
Corp
(1)
......
1,726
260,384
19,783,149
Consumer
Discretionary
—
1.9%
Abercrombie
&
Fitch
Co
(1)
...............
2,348
316,252
Amazon.com
Inc
(1)
...................
6,367
1,586,338
Asbury
Automotive
Group
Inc
(1)
...........
1,784
307,383
Brinker
International
Inc
(1)
..............
6,413
1,241,108
Capri
Holdings
Ltd
(1)
..................
1,827
25,797
Cavco
Industries
Inc
(1)
.................
1,099
615,726
Chipotle
Mexican
Grill
Inc
(1)
.............
1,440
46,008
Dana
Inc
..........................
2,730
74,556
Five
Below
Inc
(1)
.....................
1,415
310,692
Flexsteel
Industries
Inc
................
1,144
96,840
Garmin
Ltd
........................
466
133,667
Garrett
Motion
Inc
...................
3,126
81,370
Lear
Corp
.........................
8,976
1,059,437
Life
Time
Group
Holdings
Inc
(1)
...........
13,321
531,242
Murphy
USA
Inc
.....................
1,836
925,399
Oxford
Industries
Inc
..................
962
23,511
Pattern
Group
Inc
(1)
...................
1,863
31,969
Phoenix
Education
Partners
Inc
...........
5,725
145,587
Royal
Caribbean
Cruises
Ltd
............
5,193
1,380,611
Victoria's
Secret
&
Co
(1)
................
5,665
501,126
XPEL
Inc
(1)
.........................
1,981
87,501
9,522,120
Consumer
Staples
—
1.2%
Archer-Daniels-Midland
Co
.............
501
39,769
Colgate-Palmolive
Co
.................
543
46,329
Costco
Wholesale
Corp
................
5,897
5,368,275
Dollar
Tree
Inc
(1)
.....................
322
36,715
Philip
Morris
International
Inc
............
2,648
505,291
5,996,379
Energy
—
1.8%
APA
Corp
.........................
8,765
364,098
Chevron
Corp
......................
7,427
1,516,668
Devon
Energy
Corp
...................
11,154
513,530
Diversified
Energy
Co
.................
985
13,169
EOG
Resources
Inc
...................
3,196
440,281
Expand
Energy
Corp
..................
9,200
773,628
Forum
Energy
Technologies
Inc
(1)
.........
149
12,062
Gulfport
Energy
Corp
(1)
................
2,754
414,422
HF
Sinclair
Corp
.....................
3,272
351,151
Marathon
Petroleum
Corp
..............
1,394
551,215
Nabors
Industries
Ltd
(1)
................
5,392
421,223
Par
Pacific
Holdings
Inc
(1)
...............
2,235
182,421
PBF
Energy
Inc
.....................
1,476
113,593
Phillips
66
.........................
3,084
787,376
SM
Energy
Co
......................
2,560
86,477
Valero
Energy
Corp
...................
5,249
2,034,565
Viper
Energy
Inc
.....................
10,215
407,476
8,983,355
Financials
—
7.2%
Ally
Financial
Inc
....................
33,221
1,249,774
Ameriprise
Financial
Inc
...............
5,856
2,883,202
Arch
Capital
Group
Ltd
(1)
...............
9,175
847,403
Assurant
Inc
.......................
403
106,191
Bank
of
New
York
Mellon
Corp/The
........
33,572
4,855,518
Berkshire
Hathaway
Inc
(1)
..............
8,402
4,183,776
Bread
Financial
Holdings
Inc
............
119
11,632
CME
Group
Inc
......................
3,270
856,675
Customers
Bancorp
Inc
(1)
...............
18,576
1,374,624
First
American
Financial
Corp
............
3,214
195,218
Goosehead
Insurance
Inc
(1)
..............
297
13,472
HCI
Group
Inc
......................
2,759
479,569
Jack
Henry
&
Associates
Inc
............
10,091
1,445,435
LendingTree
Inc
(1)
....................
3,385
82,696
Mastercard
Inc
.....................
16,119
8,889,145
Mercury
General
Corp
.................
207
20,462
Moelis
&
Co
.......................
923
53,091
Northern
Trust
Corp
..................
2,554
432,545
Pathward
Financial
Inc
................
1,394
99,169
Progressive
Corp/The
.................
3,537
733,255
QCR
Holdings
Inc
....................
569
55,691
Raymond
James
Financial
Inc
...........
2,308
364,710
Remitly
Global
Inc
(1)
..................
3,740
79,812
S&T
Bancorp
Inc
....................
1,248
60,366
State
Street
Corp
....................
2,963
517,310
Toast
Inc
(1)
........................
27,133
786,586
Visa
Inc
..........................
13,353
4,798,133
WEX
Inc
(1)
.........................
871
146,938
35,622,398
Health
Care
—
7.8%
AbbVie
Inc
........................
14,606
3,820,784
Agilent
Technologies
Inc
...............
169
29,120
Amgen
Inc
........................
11,249
4,741,566
Bristol-Myers
Squibb
Co
...............
7,912
493,709
Cardinal
Health
Inc
...................
3,493
777,192
CareDx
Inc
(1)
.......................
3,118
202,670
Caris
Life
Sciences
Inc
(1)
...............
1,283
39,298
Centene
Corp
(1)
.....................
3,494
217,047
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)
Cigna
Group/The
....................
3,175
863,060
CVS
Health
Corp
....................
6,743
577,808
Elevance
Health
Inc
..................
2,605
1,012,876
Eli
Lilly
&
Co
.......................
4,307
4,983,544
Encompass
Health
Corp
...............
5,697
692,129
Gilead
Sciences
Inc
..................
19,455
2,899,768
Humana
Inc
.......................
421
160,641
IQVIA
Holdings
Inc
(1)
..................
332
89,258
Johnson
&
Johnson
..................
20,087
5,317,832
McKesson
Corp
.....................
1,087
928,091
Merck
&
Co
Inc
.....................
7,513
1,091,714
Mettler-Toledo
International
Inc
(1)
.........
560
846,132
Natera
Inc
(1)
........................
3,809
1,574,298
Regeneron
Pharmaceuticals
Inc
..........
988
749,171
Twist
Bioscience
Corp
(1)
................
746
144,157
United
Therapeutics
Corp
(1)
.............
1,691
916,336
UnitedHealth
Group
Inc
................
5,849
2,147,051
Vertex
Pharmaceuticals
Inc
(1)
............
4,288
2,241,809
West
Pharmaceutical
Services
Inc
.........
2,258
837,176
Zoetis
Inc
.........................
236
16,480
38,410,717
Industrials
—
3.4%
Acuity
Inc
.........................
431
133,528
Allegion
plc
........................
7,815
1,201,713
Apogee
Enterprises
Inc
................
1,122
39,685
Applied
Industrial
Technologies
Inc
........
461
153,186
Comfort
Systems
USA
Inc
..............
480
793,963
Copart
Inc
(1)
........................
39,462
1,076,523
Dover
Corp
........................
139
26,000
Emerson
Electric
Co
..................
636
98,644
Innodata
Inc
(1)
......................
3,950
259,752
Johnson
Controls
International
plc
.........
6,293
935,455
Lincoln
Electric
Holdings
Inc
.............
3,771
997,731
ManpowerGroup
Inc
..................
404
22,454
Matson
Inc
........................
67
14,716
McGrath
RentCorp
...................
1,753
200,456
MYR
Group
Inc
(1)
....................
45
13,161
Northrop
Grumman
Corp
...............
3,190
1,542,301
SkyWest
Inc
(1)
......................
9,220
893,602
Southwest
Airlines
Co
.................
18,025
750,561
Stanley
Black
&
Decker
Inc
.............
10,053
890,595
Trane
Technologies
PLC
................
4,833
2,184,419
United
Airlines
Holdings
Inc
(1)
............
18,651
2,069,329
Vicor
Corp
(1)
........................
193
55,765
Watts
Water
Technologies
Inc
............
97
34,356
Xylem
Inc/NY
.......................
21,601
2,187,533
16,575,428
Information
Technology
—
21.8%
Advanced
Micro
Devices
Inc
(1)
...........
6,387
3,907,311
Amkor
Technology
Inc
.................
4,184
219,158
Amphenol
Corp
.....................
4,617
389,213
Analog
Devices
Inc
...................
6,382
2,531,803
Apple
Inc
.........................
63,829
21,256,334
Applied
Materials
Inc
.................
5,581
2,854,012
Astera
Labs
Inc
(1)
....................
481
171,222
Atlassian
Corp
(1)
.....................
1,745
312,861
Broadcom
Inc
......................
20,972
7,365,157
CDW
Corp/DE
......................
4,251
544,808
Cisco
Systems
Inc
...................
19,568
2,106,104
Core
Scientific
Inc
(1)
..................
10,924
174,565
Credo
Technology
Group
Holding
Ltd
(1)
......
1,436
279,718
Crowdstrike
Holdings
Inc
(1)
..............
2,977
788,161
Dell
Technologies
Inc
.................
1,677
902,142
Everpure
Inc
(1)
......................
6,649
869,556
Hewlett
Packard
Enterprise
Co
...........
5,656
361,362
HP
Inc
...........................
6,662
208,387
Insight
Enterprises
Inc
(1)
................
2,278
356,097
Intel
Corp
(1)
........................
15,211
1,828,819
Jabil
Inc
..........................
107
30,694
KLA
Corp
.........................
3,926
765,295
Lam
Research
Corp
..................
7,218
2,371,185
Manhattan
Associates
Inc
(1)
.............
5,978
1,187,829
Marvell
Technology
Inc
................
2,183
576,770
MaxLinear
Inc
(1)
.....................
143
12,914
Micron
Technology
Inc
................
4,458
4,748,260
Microsoft
Corp
......................
31,973
16,398,952
Monolithic
Power
Systems
Inc
...........
347
467,485
NVIDIA
Corp
.......................
94,957
21,686,280
Okta
Inc
(1)
.........................
1,865
389,990
QUALCOMM
Inc
.....................
7,636
1,405,329
RingCentral
Inc
.....................
2,490
186,003
Sandisk
Corp
(1)
......................
608
1,057,853
ScanSource
Inc
(1)
....................
144
8,457
TD
SYNNEX
Corp
....................
8,346
2,143,670
Teledyne
Technologies
Inc
(1)
.............
2,853
1,731,229
Teradyne
Inc
.......................
1,036
415,343
Texas
Instruments
Inc
.................
7,310
2,047,458
Tyler
Technologies
Inc
(1)
................
551
175,549
Ubiquiti
Inc
........................
673
381,948
Universal
Display
Corp
................
2,913
224,417
Vistance
Networks
Inc
.................
2,068
12,367
Western
Digital
Corp
..................
2,246
1,020,717
Zebra
Technologies
Corp
(1)
..............
2,325
867,946
107,740,730
Materials
—
1.0%
Anglogold
Ashanti
Plc
.................
7,057
663,005
CF
Industries
Holdings
Inc
..............
2,098
241,689
Coeur
Mining
Inc
....................
7,580
133,408
Ingevity
Corp
(1)
......................
481
34,031
Kaiser
Aluminum
Corp
.................
569
82,402
Newmont
Corp
.....................
9,332
1,076,353
Nucor
Corp
........................
3,697
864,174
Reliance
Inc
.......................
925
355,894
Royal
Gold
Inc
......................
5,720
1,349,920
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
.....................
9,496
316,407
5,117,283
Real
Estate
—
1.6%
CBL
&
Associates
Properties
Inc
..........
963
51,386
Cousins
Properties
Inc
................
13,103
362,167
Jones
Lang
LaSalle
Inc
(1)
...............
5,155
1,574,956
Simon
Property
Group
Inc
..............
29,044
5,830,873
7,819,382
Utilities
—
0.2%
Consolidated
Water
Co
Ltd
..............
609
17,064
Edison
International
..................
20,804
1,117,799
1,134,863
Total
Common
Stocks
(United
States)
(
Cost
$
181,419,428
)
................
256,705,804
Registered
Investment
Companies
—
27
.4
%
U.S.
Fixed
Income
—
25.9%
Baird
Core
Plus
Bond
Fund
-
Class
I
.......
2,588,379
25,210,809
Dodge
&
Cox
Income
Fund
-
Class
I
........
1,107,741
13,303,965
Fidelity
Advisor
Capital
&
Income
Fund
-
Class
Z
1,173,120
14,147,825
Fidelity
Total
Bond
Fund
-
Class
Z
.........
1,532,096
13,926,755
Frost
Total
Return
Bond
Fund
-
Class
I
......
283,789
2,582,478
Guggenheim
Total
Return
Bond
Fund
-
Class
I
.
491,761
11,118,725
iShares
20+
Year
Treasury
Bond
ETF
(2)
......
82,440
6,412,183
iShares
7-10
Year
Treasury
Bond
ETF
(2)
.....
214,226
19,132,524
PGIM
Total
Return
Bond
Fund
-
Class
R6
....
969,832
11,085,183
PIMCO
Total
Return
Fund
-
Class
I
.........
1,328,150
11,010,360
127,930,807
International
Fixed
Income
—
1.5%
Eaton
Vance
Emerging
Markets
Debt
Opportunities
Fund
-
Class
R6
..........
845,963
7,300,659
7,300,659
Total
Registered
Investment
Companies
(
Cost
$
138,407,866
)
................
135,231,466
Money
Market
Registered
Investment
Companies
—
19
.2
%
Meeder
Government
Money
Market
Fund
,
3.72
%
(3)
........................
94,847,259
94,847,259
Total
Money
Market
Registered
Investment
Companies
(
Cost
$
94,847,259
)
.................
94,847,259
Total
Investments
—
98
.5
%
(Cost
$
414,674,553
)
................
486,784,529
Other
Assets
less
Liabilities
—
1
.5
%
.......
7,472,898
Total
Net
Assets
—
100
.0
%
.............
494,257,427
Security
Description
Shares,
Contracts
or
Principal
Amount
($)
Fair
Value
($)
Trustee
Deferred
Compensation
(4)
Meeder
Balanced
Fund
-
Retail
Class
.......
4,826
70,364
Meeder
Conservative
Allocation
Fund
-
Retail
Class
..........................
682
16,441
Meeder
Dynamic
Allocation
Fund
-
Retail
Class
9,554
157,452
Meeder
Muirfield
Fund
-
Retail
Class
.......
7,957
89,118
Total
Trustee
Deferred
Compensation
(Cost
$
232,606
)
...................
333,375
Long
(Short)
Contracts
Expiration
Date
Notional
Value
of
Contracts
($)
Value
and
Unrealized
Appreciation
(Depreciation)
($)
Futures
Contracts
Other
Futures
Mini
MSCI
EAFE
Futures
-
Dec
2026
........
224
12/17/26
35,129,920
(
482,501
)
Mini
MSCI
Emg
Mkt
Futures
-
Dec
2026
..
118
12/17/26
10,094,900
135,490
Russell
2000
Futures
Mini
December
2026
....
112
12/17/26
15,778,000
(
541,516
)
S&P
500
Mini
Futures
December
2026
....
17
12/17/26
6,558,175
19,981
S&P
Mid
Cap
Futures
EMini
December
2026
17
12/17/26
6,158,080
(
130,011
)
Total
Futures
Contracts
.
488
73,719,075
(
998,557
)
(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
Balanced
Fund
held
for
the
benefit
of
the
Fund’s
Trustees
in
connection
with
the
Trustee
Deferred
Compensation
Plan.