ProShares UltraPro QQQ (TQQQ) NPORT-P ProShares Short FTSE China 50 (Aug 2024 report)

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

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OF

PORTFOLIO

INVESTMENTS

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TRUST

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::

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

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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

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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

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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

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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

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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

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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

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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

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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

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2024

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INVESTMENTS

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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

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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

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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

®

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2024

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INVESTMENTS

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TRUST

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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

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INVESTMENTS

PROSHARES

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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

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AUGUST

31,

2024

(Unaudited)

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

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SSO

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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

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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

®

::

AUGUST

31,

2024

(Unaudited)

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

142

UPRO

::

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

®

::

AUGUST

31,

2024

(Unaudited)

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.