Stone Ridge Trust N-CSR Certified annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

811-22761

Investment Company Act file number

Stone Ridge Trust

(Exact name of registrant as specified in charter)

One Vanderbilt Avenue, 65^th Floor

New York, New York 10017

(Address of principal executive offices) (Zip code)

Stone Ridge Asset Management LLC

One Vanderbilt Avenue, 65^th Floor

New York, New York 10017

(Name and address of agent for service)

(855) 609-3680

Registrant’s telephone number, including area code

Date of fiscal year end: October 31, 2023

Date of reporting period: October 31, 2023

Item 1. Reports to Stockholders.

(a)

Annual Report

October 31, 2023

Stone Ridge High Yield Reinsurance Risk Premium Fund

Stone Ridge Diversified Alternatives Fund

Table of Contents

Portfolio Holdings Presentation (Unaudited)	4
Schedules of Investments
Stone Ridge High Yield Reinsurance Risk Premium Fund	7
Stone Ridge Diversified Alternatives Fund	21
Financial Statements and Notes	156
Report of Independent Registered Public Accounting Firm	188
Expense Examples (Unaudited)	190
Additional Information (Unaudited)	192

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

PERFORMANCE DATA (Unaudited)

This chart assumes an initial gross investment of $25,000,000 made on November 1, 2013. Returns shown include the reinvestment of all dividends. Returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. In the absence of fee waivers and reimbursements, returns for the Fund would have been lower. Past performance is not predictive of future performance. Investment return and principal value will fluctuate, so that your shares, when redeemed, may be worth more or less than the original cost.

The Intercontinental Exchange (ICE) Bank of America (BofA) Merrill Lynch 3-Month U.S. Treasury Bill Index is an index of short-term U.S. Government securities with a remaining term to final maturity of less than three months. Index figures do not reflect any deduction of fees, taxes or expenses, and are not available for investment.

AVERAGE ANNUAL TOTAL RETURNS (FOR PERIODS ENDED OCTOBER 31, 2023)
	1-year period ended 10/31/2023		5-year period ended 10/31/2023		10-year period ended 10/31/2023
Stone Ridge High Yield Reinsurance Risk Premium Fund — Class I		22.92%		5.03%		4.84%
Stone Ridge High Yield Reinsurance Risk Premium Fund — Class M		22.93%		4.93%		4.71%
ICE BofA Merrill Lynch 3-Month U.S. Treasury Bill Index		4.80%		1.78%		1.16%

Stone Ridge Funds Annual Report October 31, 2023

2

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

PERFORMANCE DATA (Unaudited)

This chart assumes an initial gross investment of $500,000 made on May 1, 2020 (commencement of operations). Returns shown include the reinvestment of all dividends. Returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. In the absence of fee waivers and reimbursements, returns for the Fund would have been lower. Past performance is not predictive of future performance. Investment return and principal value will fluctuate, so that your shares, when redeemed, may be worth more or less than the original cost.

The Intercontinental Exchange (ICE) Bank of America (BofA) Merrill Lynch 3-Month U.S. Treasury Bill Index is an index of short-term U.S. Government securities with a remaining term to final maturity of less than three months. Index figures do not reflect any deduction of fees, taxes or expenses, and are not available for investment.

TOTAL RETURNS (FOR PERIOD ENDED OCTOBER 31, 2023)
	1-year period ended 10/31/2023		Since Inception (04/30/20)
Stone Ridge Diversified Alternative Fund — Class I		25.59%		10.68%
Stone Ridge Diversified Alternative Fund — Class J		25.29%		10.39%
ICE BofA Merrill Lynch 3-Month U.S. Treasury Bill Index		4.80%		1.61%

Stone Ridge Funds Annual Report October 31, 2023

3

ALLOCATION OF PORTFOLIO HOLDINGS AT OCTOBER 31, 2023 (Unaudited)

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND PORTFOLIO ALLOCATION BY YEAR OF SCHEDULED MATURITY
2023	$144,569,624	6.2%
2024	570,356,953	24.6%
2025	513,849,385	22.2%
2026	561,971,283	24.3%
2027	123,226,265	5.3%
2028	33,060,744	1.4%
2029	22,264,470	1.0%
2030	13,828,562	0.6%
Not Applicable(1)	219,655,130	9.5%
Other(2)	113,046,612	4.9%
	$2,315,829,028

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND PORTFOLIO ALLOCATION BY ASSET TYPE
Asset-Backed Securities	$101,199,780		9.6%
Event Linked Bonds	284,494,886		27.1%
Investment Companies	6,614,922		0.6%
Participation Notes	41,315,136		3.9%
Preference Shares	44,048,793		4.2%
Purchased Options	8,601,603		0.8%
Short-Term Investments	528,416,297		50.3%
Whole Loans- Consumer Loans	47,124,991		4.5%
Whole Loans- Student Loans	61,740		0.0%
Other Liabilities In Excess of Assets (3)	(11,300,440	)	-1.0%
	$1,050,577,708

(1) Preference shares do not have maturity dates.

(2) Cash, cash equivalents, short-term investments and liabilities in excess of other assets.

(3) Cash, cash equivalents and liabilities in excess of other assets.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

4

Management’s Discussion of Fund Performance

The Stone Ridge High Yield Reinsurance Risk Premium Fund (the “High Yield Reinsurance Fund”) is designed to capture the reinsurance risk premium by investing in a broad set of reinsurance-related securities, primarily focused on higher yielding catastrophe bonds. For the twelve months ended October 31, 2023, Class I’s total return was 22.92% and Class M’s total return was 22.93%. The Fund’s performance is largely based on the occurrence or non-occurrence of natural or non-natural catastrophe events or other loss events around the world, which impact the performance of reinsurance-related securities. The Fund’s exposures span many different regions and types of events covered. Positive performance was a function of two concurrent market dynamics: reinsurance premiums rose materially as a result of losses experienced from Hurricane Ian last year as well as a supply-demand imbalance for capital in the reinsurance industry, and there were no natural catastrophe events that caused meaningful losses to the High Yield Reinsurance Fund during the fiscal year.

The Stone Ridge Diversified Alternatives Fund (the “Diversified Alternatives Fund”) seeks to generate positive returns through exposure to a diversified set of risk premiums. These risk premiums include reinsurance, market risk transfer, style premium investing, alternative lending, single family real estate and bitcoin. The reinsurance risk premium strategy seeks to generate returns by investing in insurance-linked securities, such as catastrophe bonds and quota shares, that provide counterparties protection against catastrophic events such as hurricanes or other natural disasters. The market risk transfer strategy seeks to generate returns through the sale of delta hedged call and put options that provide counterparties with protection against changes in the market price of various assets such as oil or wheat. Style premium investing seeks to generate returns by investing in assets with certain well-known risk characteristics such as value, momentum and carry that have historically rewarded investors with higher returns. The style premium strategy generally holds both long and short positions to gain exposure to the desired risk characteristics while reducing correlation to traditional investments. Alternative lending seeks to generate returns by buying and selling consumer loans and student loans originated through non-traditional lending marketplaces. Single family real estate seeks to generate returns by investing in securities related to single family rental homes. Bitcoin seeks to generate returns by selling put options on bitcoin futures contracts and/or investing in pooled investment vehicles, such as registered or private funds, that themselves invest in bitcoin.

During the fiscal year ending October 31, 2023, the market risk transfer strategy was a positive contributor to returns for the Diversified Alternatives Fund. Implied volatility was generally higher than realized volatility across sleeves within the strategy. Energy and equity assets in particular were top performers during the fiscal year. The style premia strategy was also a positive contributor to fund returns. Within the style premium strategy, the commodity value and FX value styles were the top performers, while the equity momentum style lagged. The reinsurance strategy was the largest contributor to fund returns. Positive performance was a function of two concurrent market dynamics: reinsurance premiums rose materially as a result of losses experienced from Hurricane Ian last year and there were no natural catastrophe events that caused meaningful losses to the Diversified Alternatives Fund this year. (Please see commentary above for more information on the reinsurance market dynamics.) The alternative lending strategy was a small positive contributor to returns as increased loan delinquency rates where more than offset by higher rates and tightened credit standards on new loans. Single-family real estate was a modest positive contributor to fund returns as negative mark-to-market impacts related to rising interest rates were offset by interest received on investments. The bitcoin strategy was a positive contributor to fund returns. Bitcoin itself generally trended higher during the fiscal year, which allowed the fund to retain the majority of premiums collected in exchange for its written put options. For the fiscal year ending October 31, 2023, Class I’s total return was 25.59% and Class J’s total return was 25.29%.

Stone Ridge Funds Annual Report October 31, 2023

5

Management’s Discussion of Fund Performance

DEFINITIONS

Catastrophe bonds — Debt instruments issued by insurance or reinsurance companies in order to transfer part of the risks associated with exceptional natural events, such as hurricanes and earthquakes.

Options — Options are financial derivatives that give buyers the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price and date.

Put option — A put is an option contract that gives the owner the right, but not the obligation, to sell a certain amount of the underlying asset, at a set price within a specific time.

Correlation — Correlation is a statistic that measures the degree to which two investments move in relation to each other.

Futures contracts — A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future.

RISK DISCLOSURES

Stone Ridge Funds are generally sold only to (i) institutional investors, including registered investment advisers (“RIAs”), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC; (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients’ accounts should carefully consider a Fund’s risks and investment objectives, as an investment in a Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Funds involves a high degree of risk. It is possible that investing in the Funds may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients’ accounts should (i) consider the suitability of this investment with respect to such investor’s or client’s investment objectives and individual situation and (ii) consider factors such as such investor’s or client’s net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short-term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients’ accounts should read the discussion of risks of investing in the prospectus.

Stone Ridge Funds Annual Report October 31, 2023

6

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
EVENT LINKED BONDS - 81.9%
Chile - 1.0%
Earthquake - 1.0%
IBRD CAR 131 (SOFR + 4.750%), 03/31/2026 (a)(b)(c)(d) (Cost: $21,913,357; Original Acquisition Date: 03/17/2023)	$	21,829,000	$	22,228,471
Europe - 1.0%
Earthquake - 0.0% (e)
Azzurro Re II Class A (3 Month Eurobor + 4.760%), 01/17/2024 (a)(b)(c)(d) (Cost: $487,485; Original Acquisition Date: 07/06/2020)	EUR	431,000		455,220
Multiperil - 0.2%
Lion III Re DAC 2021-1 (3 Month Eurobor + 4.010%), 07/16/2025 (a)(b)(c)(d)(f) (Cost: $5,902,235; Original Acquisition Date: 06/30/2023)		5,493,000		5,631,969
Terrorism - 0.1%
Baltic PCC 2022-1 Class A (T-Bill 3 Month + 5.500%), 03/07/2025 (a)(b)(c)(d) (Cost: $2,345,090; Original Acquisition Date: 03/02/2022)	GBP	1,750,000		2,071,374
Windstorm - 0.7%
Eiffel Re 2023-1 Class A (3 Month Eurobor + 3.250%), 01/19/2027 (a)(b)(c)(d) (Cost: $9,708,312; Original Acquisition Date: 06/22/2023)	EUR	8,860,000	$	9,302,114
Hexagon III Re Pte. Class B (3 Month Eurobor + 10.609%), 01/15/2026 (a)(b)(c)(d)(f) (Cost: $2,250,098; Original Acquisition Date: 11/23/2021)		2,000,000		1,965,315
Randolph Re 2023-1 Class A 8.042%, 06/15/2024 (a)(c)(d)(f)(g) (Cost: $4,126,022; Original Acquisition Date: 06/08/2023)		4,019,000		4,043,282
				15,310,711
				23,469,274
Global - 9.0%
Multiperil - 8.4%
2001 Cat Re 2020-1 Class A (T-Bill 3 Month + 12.660%), 01/08/2024 (a)(b)(c)(d) (Cost: $5,084,000; Original Acquisition Date: 11/13/2020)	$	5,084,000		5,069,256

	PRINCIPAL AMOUNT		VALUE
Multiperil - 8.4% (continued)
3264 Re 2022-1 Class A (T-Bill 3 Month + 19.000%), 01/08/2025 (a)(b)(c)(d)(f) (Cost: $7,957,000; Original Acquisition Date: 12/16/2021)	$	7,957,000	$	5,768,825
Atlas Capital 2020 DAC 2020-1 (T-Bill 3 Month + 8.300%), 06/10/2024 (a)(b)(c)(d) (Cost: $6,954,000; Original Acquisition Date: 04/23/2020)		6,954,000		7,041,273
Atlas Capital 2022 DAC 2022-1 Class A (SOFR + 9.680%), 06/06/2025 (a)(b)(c)(d) (Cost: $16,012,000; Original Acquisition Date: 05/24/2022)		16,012,000		16,264,189
Atlas Capital DAC 2023-1 Class A (SOFR + 7.250%), 06/05/2026 (a)(b)(c)(d) (Cost: $1,010,029; Original Acquisition Date: 07/06/2023)		1,000,000		1,010,900
Claveau Re 2021-1 Class A (T-Bill 3 Month + 17.250%), 07/08/2025 (a)(b)(c)(d) (Cost: $8,427,000; Original Acquisition Date: 07/01/2021)		8,427,000		4,771,367
Herbie Re 2021-1 Class A (T-Bill 3 Month + 17.250%), 06/06/2025 (a)(b)(c)(d) (Cost: $5,084,000; Original Acquisition Date: 05/19/2021)		5,084,000		2,770,780
Kendall Re 2021-1 Class A (T-Bill 3 Month + 4.000%), 05/02/2024 (a)(b)(c)(d) (Cost: $15,807,154; Original Acquisition Date: 04/19/2021)		15,864,000		15,724,397
Kendall Re 2021-1 Class B (T-Bill 3 Month + 6.250%), 05/02/2024 (a)(b)(c)(d) (Cost: $7,515,000; Original Acquisition Date: 04/19/2021)		7,515,000		7,491,328
Kilimanjaro III Re 2019-1 Class B-1 (T-Bill 3 Month + 9.910%), 12/19/2023 (a)(b)(c)(d) (Cost: $26,363,643; Original Acquisition Date: 12/09/2019)		26,547,000		26,507,180
Kilimanjaro III Re 2021-1 Class A-1 (T-Bill 3 Month + 12.360%), 04/21/2025 (a)(b)(c)(d) (Cost: $7,298,567; Original Acquisition Date: 04/08/2021)		7,294,000		7,130,614
Kilimanjaro III Re 2021-1 Class B-1 (T-Bill 3 Month + 4.860%), 04/21/2025 (a)(b)(c)(d) (Cost: $2,500,000; Original Acquisition Date: 04/08/2021)		2,500,000		2,440,000
Kilimanjaro III Re 2021-1 Class C-1 (T-Bill 3 Month + 4.560%), 04/21/2025 (a)(b)(c)(d) (Cost: $5,497,765; Original Acquisition Date: 04/08/2021)		5,526,000		5,438,689

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

7

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 8.4% (continued)
Kilimanjaro III Re 2021-2 Class A-2 (T-Bill 3 Month + 12.360%), 04/20/2026 (a)(b)(c)(d) (Cost: $5,968,000; Original Acquisition Date: 04/08/2021)	$	5,968,000	$	5,734,353
Kilimanjaro III Re 2021-2 Class B-2 (T-Bill 3 Month + 4.860%), 04/20/2026 (a)(b)(c)(d) (Cost: $2,652,000; Original Acquisition Date: 04/08/2021)		2,652,000		2,531,732
Kilimanjaro III Re 2021-2 Class C-2 (T-Bill 3 Month + 4.560%), 04/20/2026 (a)(b)(c)(d) (Cost: $2,431,000; Original Acquisition Date: 04/08/2021)		2,431,000		2,337,528
Kilimanjaro III Re 2022-1 Class A (T-Bill 3 Month + 5.250%), 06/25/2025 (a)(b)(c)(d) (Cost: $7,515,000; Original Acquisition Date: 06/15/2022)		7,515,000		7,522,515
Matterhorn Re Argon 2022-1 Class A (SOFR + 7.250%), 01/25/2027 (a)(b)(c)(d)(h) (Cost: $1,000,000; Original Acquisition Date: 03/31/2022)		1,000,000		986,602
Matterhorn Re SR2020-2 Class A (T-Bill 3 Month + 5.000%), 01/08/2024 (a)(b)(c)(d)(h) (Cost: $6,794,343; Original Acquisition Date: 01/29/2020)		6,809,000		6,128,100
Matterhorn Re SR2021-1 Class A (SOFR + 5.750%), 12/08/2025 (a)(b)(c)(d) (Cost: $11,103,045; Original Acquisition Date: 12/15/2021)		11,451,000		10,580,724
Matterhorn Re SR2022-1 Class A (SOFR + 5.250%), 03/24/2025 (a)(b)(c)(d) (Cost: $3,536,000; Original Acquisition Date: 03/10/2022)		3,536,000		3,452,904
Matterhorn Re SR2022-1 Class B (SOFR + 7.750%), 03/24/2025 (a)(b)(c)(d) (Cost: $3,536,000; Original Acquisition Date: 03/10/2022)		3,536,000		3,471,998
Montoya Re 2022-1 Class A (T-Bill 3 Month + 6.750%), 04/07/2025 (a)(b)(c)(d) (Cost: $8,549,739; Original Acquisition Date: 03/23/2022)		8,553,000		8,606,456
Sakura Re 2021-1 Class A (T-Bill 3 Month + 2.250%), 04/07/2025 (a)(b)(c)(d) (Cost: $7,889,747; Original Acquisition Date: 03/24/2021)		7,924,000		7,896,266

	PRINCIPAL AMOUNT		VALUE
Multiperil - 8.4% (continued)
Sakura Re 2021-1 Class B (T-Bill 3 Month + 4.160%), 04/07/2025 (a)(b)(c)(d)(h) (Cost: $11,619,777; Original Acquisition Date: 03/24/2021)	$	11,656,000	$	11,566,249
Vista Re 2021-1 Class A (T-Bill 3 Month + 6.750%), 05/21/2024 (a)(b)(c)(d) (Cost: $12,642,000; Original Acquisition Date: 04/26/2021)		12,642,000		12,635,679
Wrigley Re 2023-1 Class A (T-Bill 3 Month + 6.500%), 07/28/2026 (a)(b)(c)(d) (Cost: $4,603,000; Original Acquisition Date: 07/14/2023)		4,603,000		4,614,508
				195,494,412
Windstorm - 0.6%
Northshore Re II 2022-1 Class A (T-Bill 3 Month + 8.000%), 07/08/2025 (a)(b)(c)(d) (Cost: $2,000,000; Original Acquisition Date: 06/22/2022)		2,000,000		2,048,800
Queen Street 2023 Re DAC (T-Bill 3 Month + 7.500%), 12/08/2025 (a)(b)(c)(d) (Cost: $10,996,000; Original Acquisition Date: 05/12/2023)		10,996,000		11,260,454
				13,309,254
				208,803,666
Jamaica - 0.7%
Windstorm - 0.7%
IBRD CAR 130 (SOFR + 4.400%), 12/29/2023 (a)(b)(c)(d) (Cost: $15,868,246; Original Acquisition Date: 07/19/2021)		15,877,000		15,882,557
Japan - 2.4%
Earthquake - 1.9%
Kizuna Re III 2021-1 Class A (T-Bill 3 Month + 2.000%), 04/07/2026 (a)(b)(c)(d) (Cost: $4,765,173; Original Acquisition Date: 03/22/2021)		4,796,000		4,742,764
Nakama Re 2020-1 Class 1 (T-Bill 3 Month + 2.200%), 01/07/2025 (a)(b)(c)(d)(h) (Cost: $2,126,019; Original Acquisition Date: 02/04/2020)		2,129,000		2,121,761
Nakama Re 2023-1 Class 2 (SOFR + 4.000%), 05/09/2028 (a)(b)(c)(d) (Cost: $6,781,000; Original Acquisition Date: 04/14/2023)		6,781,000		6,835,248

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

8

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Earthquake - 1.9% (continued)
Nakama Re Pte. 2021-1 Class 1 (T-Bill 3 Month + 2.050%), 10/13/2026 (a)(b)(c)(d)(h) (Cost: $20,528,000; Original Acquisition Date: 09/22/2021)	$	20,541,000	$	20,331,482
Nakama Re Pte. 2021-1 Class 2 (T-Bill 3 Month + 2.750%), 10/13/2026 (a)(b)(c)(d) (Cost: $8,638,000; Original Acquisition Date: 09/22/2021)		8,638,000		8,415,572
				42,446,827
Multiperil - 0.3%
Tomoni Re Pte 2022-1 Class B-1 (T-Bill 3 Month + 2.750%), 04/07/2026 (a)(b)(c)(d) (Cost: $2,983,109; Original Acquisition Date: 03/28/2022)		3,000,000		2,946,450
Umigame Re 2021-1 Class A-1 (T-Bill 3 Month + 2.250%), 04/07/2025 (a)(b)(c)(d) (Cost: $2,560,195; Original Acquisition Date: 06/18/2021)		2,575,000		2,544,100
Umigame Re 2021-1 Class A-2 (T-Bill 3 Month + 2.500%), 04/07/2025 (a)(b)(c)(d) (Cost: $1,000,000; Original Acquisition Date: 06/18/2021)		1,000,000		989,750
Umigame Re 2021-1 Class B (T-Bill 3 Month + 4.750%), 04/07/2025 (a)(b)(c)(d)(h) (Cost: $750,000; Original Acquisition Date: 06/18/2021)		750,000		744,525
				7,224,825
Typhoon - 0.2%
Black Kite Re 2022-1 Class A (T-Bill 3 Month + 6.900%), 06/09/2025 (a)(b)(c)(d) (Cost: $4,863,000; Original Acquisition Date: 05/27/2022)		4,863,000		4,869,079
				54,540,731
Mexico - 0.9%
Earthquake - 0.6%
IBRD CAR 125 Class A (3 Month Libor USD + 3.500%), 03/13/2024 (a)(b)(c)(d) (Cost: $11,539,554; Original Acquisition Date: 02/28/2020)		11,544,000		11,497,247
IBRD CAR 126 Class B (3 Month Libor USD + 9.000%), 03/13/2024 (a)(b)(c)(d) (Cost: $2,752,919; Original Acquisition Date: 02/28/2020)		2,750,000		2,729,512
				14,226,759

	PRINCIPAL AMOUNT		VALUE
Windstorm - 0.3%
IBRD CAR 127 Class C (3 Month Libor USD + 10.000%), 03/13/2024 (a)(b)(c)(d) (Cost: $6,654,228; Original Acquisition Date: 02/28/2020)	$	6,649,000	$	6,585,170
				20,811,929
New Zealand - 0.4%
Multiperil - 0.4%
Totara Re Pte. 2023-1 (SOFR + 8.750%), 06/08/2027 (a)(b)(c)(d) (Cost: $10,502,765; Original Acquisition Date: 05/24/2023)	NZD	17,205,000		10,043,200
United States - 66.5%
Earthquake - 16.6%
Acorn Re 2021-1 Class A (T-Bill 3 Month + 2.500%), 11/07/2024 (a)(b)(c)(d)(h) (Cost: $25,492,375; Original Acquisition Date: 10/25/2021)	$	25,835,000		25,309,258
Acorn Re 2023-1 Class A (T-Bill 3 Month + 4.350%), 11/06/2026 (a)(b)(c)(d) (Cost: $11,066,495; Original Acquisition Date: 06/22/2023)		11,053,000		11,115,449
Herbie Re 2022-1 Class A (T-Bill 3 Month + 12.500%), 01/08/2027 (a)(b)(c)(d) (Cost: $2,306,000; Original Acquisition Date: 11/18/2022)		2,306,000		2,455,313
Logistics Re 2021-1 Class A (T-Bill 3 Month + 3.880%), 12/20/2024 (a)(b)(c)(d) (Cost: $4,237,283; Original Acquisition Date: 12/10/2021)		4,257,000		4,179,310
Merna Re II 2021-1 Class A (T-Bill 3 Month + 3.930%), 04/05/2024 (a)(b)(c)(d)(h) (Cost: $29,909,728; Original Acquisition Date: 03/26/2021)		29,929,000		29,849,688
Merna Re II 2022-1 Class A (T-Bill 3 Month + 3.750%), 04/07/2025 (a)(b)(c)(d)(h) (Cost: $10,836,997; Original Acquisition Date: 03/25/2022)		10,845,000		10,855,303
Phoenician Re 2020-1 Class A (T-Bill 3 Month + 3.016%), 12/14/2023 (a)(b)(c)(d) (Cost: $8,494,631; Original Acquisition Date: 11/24/2020)		8,505,000		8,484,163
Phoenician Re 2020-2 Class A (T-Bill 3 Month + 2.924%), 12/14/2023 (a)(b)(c)(d) (Cost: $4,634,254; Original Acquisition Date: 12/08/2020)		4,637,000		4,629,117

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

9

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Earthquake - 16.6% (continued)
Phoenician Re 2021-1 Class A (T-Bill 3 Month + 2.898%), 12/14/2024 (a)(b)(c)(d) (Cost: $6,046,673; Original Acquisition Date: 12/01/2021)	$	6,115,000	$	6,032,142
Sierra 2021-1 Class A (T-Bill 3 Month + 2.700%), 01/31/2024 (a)(b)(c)(d)(h) (Cost: $3,572,733; Original Acquisition Date: 01/25/2021)		3,584,000		3,554,432
Sierra 2021-1 Class B (T-Bill 3 Month + 4.750%), 01/31/2024 (a)(b)(c)(d) (Cost: $1,000,000; Original Acquisition Date: 01/25/2021)		1,000,000		992,850
Sutter Re 2023-1 Class B (T-Bill 3 Month + 6.750%), 06/19/2026 (a)(b)(c)(d) (Cost: $14,913,460; Original Acquisition Date: 06/06/2023)		14,905,000		14,991,449
Sutter Re 2023-1 Class E (T-Bill 3 Month + 9.750%), 06/19/2026 (a)(b)(c)(d) (Cost: $18,061,585; Original Acquisition Date: 06/06/2023)		18,034,000		18,147,614
Torrey Pines Re 2021-1 Class A (T-Bill 3 Month + 4.180%), 06/07/2024 (a)(b)(c)(d) (Cost: $19,591,877; Original Acquisition Date: 03/12/2021)		19,684,000		19,186,979
Torrey Pines Re 2021-1 Class B (T-Bill 3 Month + 4.770%), 06/07/2024 (a)(b)(c)(d) (Cost: $17,096,473; Original Acquisition Date: 03/12/2021)		17,225,000		16,841,744
Torrey Pines Re 2022-1 Class A (T-Bill 3 Month + 5.465%), 06/06/2025 (a)(b)(c)(d)(h) (Cost: $19,857,750; Original Acquisition Date: 05/10/2022)		19,855,000		19,721,971
Torrey Pines Re 2022-1 Class B (T-Bill 3 Month + 7.780%), 06/06/2025 (a)(b)(c)(d) (Cost: $11,378,000; Original Acquisition Date: 05/10/2022)		11,378,000		10,891,590
Torrey Pines Re 2023-1 Class A (T-Bill 3 Month + 5.000%), 06/05/2026 (a)(b)(c)(d) (Cost: $8,738,000; Original Acquisition Date: 05/18/2023)		8,738,000		8,773,826
Ursa Re 2023-1 Class AA (T-Bill 3 Month + 5.500%), 12/06/2025 (a)(b)(c)(d) (Cost: $4,722,000; Original Acquisition Date: 04/12/2023)		4,722,000		4,747,499
Ursa Re 2023-1 Class C (T-Bill 3 Month + 8.250%), 12/06/2025 (a)(b)(c)(d) (Cost: $2,543,000; Original Acquisition Date: 04/12/2023)		2,543,000		2,545,670

	PRINCIPAL AMOUNT		VALUE
Earthquake - 16.6% (continued)
Ursa Re 2023-2 Class E (T-Bill 3 Month + 9.250%), 12/07/2026 (a)(b)(c)(d) (Cost: $22,015,000; Original Acquisition Date: 10/10/2023)	$	22,015,000	$	22,008,395
Ursa Re II 2020-1 Class AA (T-Bill 3 Month + 3.940%), 12/07/2023 (a)(b)(c)(d) (Cost: $39,606,547; Original Acquisition Date: 10/08/2020)		39,627,000		39,492,268
Ursa Re II 2020-1 Class D (T-Bill 3 Month + 6.310%), 12/07/2023 (a)(b)(c)(d) (Cost: $40,012,187; Original Acquisition Date: 10/08/2020)		40,034,000		39,959,937
Ursa Re II 2021-1 Class F (T-Bill 3 Month + 6.190%), 12/06/2024 (a)(b)(c)(d) (Cost: $8,620,000; Original Acquisition Date: 02/25/2021)		8,620,000		8,315,283
Ursa Re II 2022-1 Class A (T-Bill 3 Month + 5.000%), 06/16/2025 (a)(b)(c)(d) (Cost: $14,723,408; Original Acquisition Date: 05/27/2022)		14,749,000		14,635,433
Ursa Re II 2022-1 Class E (T-Bill 3 Month + 7.750%), 06/16/2025 (a)(b)(c)(d)(h) (Cost: $3,094,000; Original Acquisition Date: 05/27/2022)		3,094,000		3,020,363
Ursa Re II 2022-2 Class AA (T-Bill 3 Month + 7.000%), 12/06/2025 (a)(b)(c)(d) (Cost: $2,419,000; Original Acquisition Date: 12/08/2022)		2,419,000		2,499,190
Ursa Re II 2022-2 Class C (T-Bill 3 Month + 10.250%), 12/06/2025 (a)(b)(c)(d) (Cost: $4,480,737; Original Acquisition Date: 12/08/2022)		4,363,000		4,551,700
Veraison Re 2023-1 Class A (T-Bill 3 Month + 6.500%), 03/09/2026 (a)(b)(c)(d) (Cost: $4,854,000; Original Acquisition Date: 12/14/2022)		4,854,000		5,072,915
Veraison Re 2023-1 Class B (T-Bill 3 Month + 12.000%), 03/09/2026 (a)(b)(c)(d) (Cost: $8,069,780; Original Acquisition Date: 12/14/2022)		7,885,000		8,291,078
Wrigley Re 2023-1 Class B (T-Bill 3 Month + 7.000%), 07/28/2026 (a)(b)(c)(d)(h) (Cost: $12,819,090; Original Acquisition Date: 07/14/2023)		12,803,000		12,959,837
				384,111,766

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

10

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Fire - 0.6%
Power Protective Re 2020-1 Class A (T-Bill 3 Month + 10.750%), 12/15/2023 (a)(b)(c)(d) (Cost: $3,536,000; Original Acquisition Date: 12/03/2020)	$	3,536,000	$	3,517,082
Power Protective Re 2021-1 Class A (T-Bill 3 Month + 15.000%), 10/09/2024 (a)(b)(c)(d) (Cost: $2,431,000; Original Acquisition Date: 09/29/2021)		2,431,000		2,388,214
SD Re 2021-1 Class A (T-Bill 3 Month + 8.750%), 11/19/2024 (a)(b)(c)(d) (Cost: $2,431,000; Original Acquisition Date: 10/18/2021)		2,431,000		2,355,518
SD Re 2021-1 Class B (T-Bill 3 Month + 9.250%), 11/19/2024 (a)(b)(c)(d)(h) (Cost: $6,852,000; Original Acquisition Date: 10/18/2021)		6,852,000		6,684,126
				14,944,940
Flood - 3.7%
FloodSmart Re 2021-1 Class A (T-Bill 3 Month + 13.580%), 03/01/2024 (a)(b)(c)(d) (Cost: $31,467,886; Original Acquisition Date: 02/16/2021)		31,677,000		31,344,392
FloodSmart Re 2021-1 Class B (T-Bill 3 Month + 17.330%), 03/01/2024 (a)(b)(c)(d) (Cost: $7,061,605; Original Acquisition Date: 02/16/2021)		7,073,000		6,118,145
FloodSmart Re 2022-1 Class A (T-Bill 3 Month + 11.830%), 02/25/2025 (a)(b)(c)(d)(h) (Cost: $18,541,000; Original Acquisition Date: 02/14/2022)		18,541,000		18,425,007
FloodSmart Re 2022-1 Class B (T-Bill 3 Month + 14.330%), 02/25/2025 (a)(b)(c)(d) (Cost: $8,991,460; Original Acquisition Date: 02/14/2022)		9,033,000		8,863,631
FloodSmart Re 2022-1 Class C (T-Bill 3 Month + 18.330%), 02/25/2025 (a)(b)(c)(d) (Cost: $1,750,000; Original Acquisition Date: 02/14/2022)		1,750,000		1,725,255
FloodSmart Re 2023-1 Class A (T-Bill 3 Month + 16.250%), 03/11/2026 (a)(b)(c)(d) (Cost: $14,327,000; Original Acquisition Date: 02/24/2023)		14,327,000		14,853,317
FloodSmart Re 2023-1 Class B (T-Bill 3 Month + 21.500%), 03/11/2026 (a)(b)(c)(d) (Cost: $3,536,000; Original Acquisition Date: 02/24/2023)		3,536,000		3,674,862
				85,004,609

	PRINCIPAL AMOUNT		VALUE
Mortality/Longevity/Disease - 1.3%
Vita Capital VI 2021-1 Class B (SOFR + 3.124%), 01/08/2026 (a)(b)(c)(d)(f) (Cost: $9,392,550; Original Acquisition Date: 07/02/2021)	$	9,482,000	$	4,033,643
Vitality Re XI Limited 2020 Class A (T-Bill 3 Month + 1.500%), 01/09/2024 (a)(b)(c)(d) (Cost: $2,197,746; Original Acquisition Date: 01/23/2020)		2,200,000		2,195,380
Vitality Re XI Limited 2020 Class B (T-Bill 3 Month + 1.800%), 01/09/2024 (a)(b)(c)(d) (Cost: $3,305,502; Original Acquisition Date: 01/23/2020)		3,315,000		3,303,066
Vitality Re XII 2021 Class A (T-Bill 3 Month + 2.250%), 01/07/2025 (a)(b)(c)(d) (Cost: $6,985,021; Original Acquisition Date: 01/29/2021)		7,020,000		6,969,105
Vitality Re XII 2021 Class B (T-Bill 3 Month + 2.750%), 01/07/2025 (a)(b)(c)(d) (Cost: $5,016,980; Original Acquisition Date: 01/29/2021)		5,057,000		4,960,159
Vitality Re XIII 2022 Class A (T-Bill 3 Month + 2.000%), 01/06/2026 (a)(b)(c)(d) (Cost: $3,729,532; Original Acquisition Date: 01/04/2023)		3,880,000		3,785,716
Vitality Re XIII 2022 Class B (T-Bill 3 Month + 2.750%), 01/06/2026 (a)(b)(c)(d) (Cost: $1,912,202; Original Acquisition Date: 09/27/2023)		1,977,000		1,908,892
Vitality Re XIV 2023 Class B (T-Bill 3 Month + 4.500%), 01/05/2027 (a)(b)(c)(d) (Cost: $2,416,000; Original Acquisition Date: 01/25/2023)		2,416,000		2,413,946
				29,569,907
Multiperil - 22.4%
Aquila Re I 2023-1 Class A-1 (T-Bill 3 Month + 5.250%), 06/08/2026 (a)(b)(c)(d) (Cost: $3,501,033; Original Acquisition Date: 05/10/2023)		3,485,000		3,531,002
Aquila Re I 2023-1 Class B-1 (T-Bill 3 Month + 7.500%), 06/08/2026 (a)(b)(c)(d) (Cost: $8,077,000; Original Acquisition Date: 05/10/2023)		8,077,000		8,227,636
Aquila Re I 2023-1 Class C-1 (T-Bill 3 Month + 9.250%), 06/08/2026 (a)(b)(c)(d) (Cost: $8,854,000; Original Acquisition Date: 05/10/2023)		8,854,000		9,095,714

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

11

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Baldwin Re 2021-1 Class A (T-Bill 3 Month + 2.250%), 07/07/2025 (a)(b)(c)(d) (Cost: $6,555,212; Original Acquisition Date: 09/05/2023)	$	6,673,000	$	6,556,556
Baldwin Re 2023-1 Class A (T-Bill 3 Month + 4.500%), 07/07/2027 (a)(b)(c)(d) (Cost: $3,631,000; Original Acquisition Date: 06/21/2023)		3,631,000		3,645,342
Blue Halo Re 2022-1 Class A (T-Bill 3 Month + 9.750%), 02/24/2025 (a)(b)(c)(d) (Cost: $1,500,000; Original Acquisition Date: 02/11/2022)		1,500,000		1,481,400
Blue Halo Re 2022-1 Class B (T-Bill 3 Month + 15.250%), 02/24/2025 (a)(b)(c)(d) (Cost: $1,750,000; Original Acquisition Date: 02/11/2022)		1,750,000		1,785,350
Bonanza Re 2020-1 Class A (T-Bill 3 Month + 4.870%), 02/20/2024 (a)(b)(c)(d) (Cost: $9,512,664; Original Acquisition Date: 02/13/2020)		9,502,000		9,073,935
Bonanza Re 2023-1 Class B (T-Bill 3 Month + 0.000%), 01/08/2024 (a)(b)(c)(d)(f)(h) (Cost: $2,281,200; Original Acquisition Date: 01/06/2023)		2,329,000		873,375
Bowline Re 2022-1 Class A (T-Bill 3 Month + 6.350%), 05/23/2025 (a)(b)(c)(d)(h) (Cost: $2,652,000; Original Acquisition Date: 05/12/2022)		2,652,000		2,646,431
Bowline Re 2022-1 Class B (T-Bill 3 Month + 16.180%), 05/23/2025 (a)(b)(c)(d) (Cost: $2,431,000; Original Acquisition Date: 05/12/2022)		2,431,000		2,513,532
Bowline Re 2022-1 Class C (T-Bill 3 Month + 7.750%), 05/23/2025 (a)(b)(c)(d) (Cost: $2,500,000; Original Acquisition Date: 05/12/2022)		2,500,000		2,528,375
Caelus Re 2018-1 Class A (T-Bill 3 Month + 0.500%), 06/09/2025 (a)(b)(c)(d) (Cost: $2,319,000; Original Acquisition Date: 05/04/2018)		2,319,000		1,600,110
Caelus Re 2018-1 Class B (T-Bill 3 Month + 0.100%), 06/09/2025 (a)(b)(c)(d)(f) (Cost: $1,902,959; Original Acquisition Date: 05/04/2018)		1,905,000		4,858

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Caelus Re 2020-1 Class B-1 (T-Bill 3 Month + 5.380%), 06/07/2024 (a)(b)(c)(d) (Cost: $3,536,000; Original Acquisition Date: 02/20/2020)	$	3,536,000	$	3,484,728
Caelus Re V 2017-1 Class B (T-Bill 3 Month + 0.100%), 06/05/2024 (a)(b)(c)(d)(f) (Cost: $129,700; Original Acquisition Date: 04/27/2017)		129,700		107,002
Caelus Re V 2017-1 Class C (T-Bill 3 Month + 0.100%), 06/05/2024 (a)(b)(c)(d)(f) (Cost: $830,000; Original Acquisition Date: 04/27/2017)		830,000		39,591
Easton Re 2020-1 Class A (T-Bill 3 Month + 4.530%), 01/08/2024 (a)(b)(c)(d) (Cost: $12,201,546; Original Acquisition Date: 12/15/2020)		12,216,000		12,197,065
Finca Re 2022-1 Class A (T-Bill 3 Month + 7.750%), 06/06/2025 (a)(b)(c)(d) (Cost: $3,094,000; Original Acquisition Date: 06/28/2022)		3,094,000		3,171,505
Four Lakes Re 2020-1 Class A (T-Bill 3 Month + 7.300%), 01/05/2024 (a)(b)(c)(d) (Cost: $750,000; Original Acquisition Date: 11/05/2020)		750,000		741,375
Four Lakes Re 2020-1 Class B (T-Bill 3 Month + 10.160%), 01/05/2024 (a)(b)(c)(d) (Cost: $3,318,942; Original Acquisition Date: 11/05/2020)		3,315,000		3,302,734
Four Lakes Re 2021-1 Class A (T-Bill 3 Month + 4.270%), 07/01/2025 (a)(b)(c)(d) (Cost: $4,168,879; Original Acquisition Date: 12/15/2021)		4,194,000		4,089,569
Four Lakes Re 2022-1 Class A (T-Bill 3 Month + 6.500%), 01/07/2026 (a)(b)(c)(d) (Cost: $1,313,000; Original Acquisition Date: 12/22/2022)		1,313,000		1,320,878
Galileo Re 2019-1 Class C (T-Bill 3 Month + 9.870%), 01/08/2024 (a)(b)(c)(d) (Cost: $4,639,911; Original Acquisition Date: 12/06/2019)		4,652,000		4,600,130
Galileo Re 2019-1 Class D (T-Bill 3 Month + 8.070%), 01/08/2024 (a)(b)(c)(d)(h) (Cost: $2,000,000; Original Acquisition Date: 12/06/2019)		2,000,000		1,977,600

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

12

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Herbie Re 2020-1 Class A (T-Bill 3 Month + 9.300%), 07/08/2024 (a)(b)(c)(d) (Cost: $6,100,000; Original Acquisition Date: 06/09/2020)	$	6,100,000	$	6,170,760
Herbie Re 2020-2 Class A (T-Bill 3 Month + 6.730%), 01/08/2025 (a)(b)(c)(d) (Cost: $1,250,000; Original Acquisition Date: 10/19/2020)		1,250,000		1,233,750
Herbie Re 2020-2 Class B (T-Bill 3 Month + 9.720%), 01/08/2025 (a)(b)(c)(d) (Cost: $3,567,946; Original Acquisition Date: 10/19/2020)		3,536,000		3,529,635
Herbie Re 2020-2 Class C (T-Bill 3 Month + 15.850%), 01/08/2026 (a)(b)(c)(d) (Cost: $933,416; Original Acquisition Date: 10/19/2020)		933,284		559,971
Hypatia Ltd. 2023-1 Class A (T-Bill 3 Month + 9.500%), 04/08/2026 (a)(b)(c)(d) (Cost: $2,761,000; Original Acquisition Date: 03/27/2023)		2,761,000		2,854,736
Kilimanjaro III Re 2019-1 Class A-1 (T-Bill 3 Month + 16.660%), 12/19/2023 (a)(b)(c)(d) (Cost: $5,462,091; Original Acquisition Date: 12/09/2019)		5,462,091		4,642,777
Kilimanjaro III Re 2019-1 Class A-2 (T-Bill 3 Month + 16.660%), 12/19/2024 (a)(b)(c)(d) (Cost: $8,471,944; Original Acquisition Date: 12/09/2019)		8,574,787		7,288,569
Kilimanjaro III Re 2019-2 Class B-2 (T-Bill 3 Month + 9.910%), 12/19/2024 (a)(b)(c)(d) (Cost: $8,178,000; Original Acquisition Date: 12/09/2019)		8,178,000		8,218,072
Locke Tavern Re 2023-1 Class A (T-Bill 3 Month + 4.750%), 04/09/2026 (a)(b)(c)(d) (Cost: $12,741,454; Original Acquisition Date: 03/23/2023)		12,633,000		12,780,174
Long Point Re IV 2022-1 Class A (T-Bill 3 Month + 4.250%), 06/01/2026 (a)(b)(c)(d) (Cost: $30,963,724; Original Acquisition Date: 05/13/2022)		30,973,000		30,838,267
Merna Re II 2022-2 Class A (T-Bill 3 Month + 7.500%), 07/07/2025 (a)(b)(c)(d) (Cost: $6,631,000; Original Acquisition Date: 06/07/2022)		6,631,000		6,537,589

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Merna Re II 2023-1 Class A (T-Bill 3 Month + 7.750%), 07/07/2026 (a)(b)(c)(d) (Cost: $7,899,000; Original Acquisition Date: 04/05/2023)	$	7,899,000	$	8,041,182
Merna Re II 2023-2 Class A (T-Bill 3 Month + 10.250%), 07/07/2026 (a)(b)(c)(d) (Cost: $9,036,000; Original Acquisition Date: 04/05/2023)		9,036,000		9,490,511
Mona Lisa Re 2021-1 Class A (T-Bill 3 Month + 7.000%), 07/08/2025 (a)(b)(c)(d)(h) (Cost: $10,758,097; Original Acquisition Date: 06/22/2021)		10,745,000		10,663,875
Montoya Re 2022-2 Class A (T-Bill 3 Month + 14.000%), 04/07/2026 (a)(b)(c)(d) (Cost: $1,319,000; Original Acquisition Date: 12/08/2022)		1,319,000		1,442,129
Mountain Re 2023-1 Class A (T-Bill 3 Month + 6.750%), 06/05/2026 (a)(b)(c)(d) (Cost: $3,893,000; Original Acquisition Date: 05/24/2023)		3,893,000		3,935,434
Mystic Re IV 2021-1 Class A (T-Bill 3 Month + 9.750%), 01/08/2024 (a)(b)(c)(d) (Cost: $17,280,027; Original Acquisition Date: 12/15/2020)		17,269,000		17,172,294
Mystic Re IV 2021-2 Class A (T-Bill 3 Month + 6.130%), 01/08/2025 (a)(b)(c)(d) (Cost: $13,677,335; Original Acquisition Date: 06/09/2021)		13,695,000		13,295,106
Mystic Re IV 2021-2 Class B (T-Bill 3 Month + 11.600%), 01/08/2025 (a)(b)(c)(d) (Cost: $2,250,000; Original Acquisition Date: 06/09/2021)		2,250,000		2,199,375
Mystic Re IV 2023-1 Class A (T-Bill 3 Month + 9.250%), 01/08/2026 (a)(b)(c)(d) (Cost: $5,244,000; Original Acquisition Date: 12/16/2022)		5,244,000		5,394,765
Northshore Re II 2021-1 Class A (T-Bill 3 Month + 5.750%), 01/08/2024 (a)(b)(c)(d) (Cost: $6,631,000; Original Acquisition Date: 12/02/2020)		6,631,000		6,613,759
Residential Re 2019-I Class 12 (T-Bill 3 Month + 0.100%), 06/06/2027 (a)(b)(c)(d)(f) (Cost: $247,500; Original Acquisition Date: 05/08/2019)		247,500		155,925

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

13

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Residential Re 2019-II Class 2 (T-Bill 3 Month + 12.230%), 12/06/2023 (a)(b)(c)(d) (Cost: $1,456,000; Original Acquisition Date: 11/05/2019)	$	1,456,000	$	1,454,544
Residential Re 2020-I Class 13 (T-Bill 3 Month + 5.500%), 06/06/2024 (a)(b)(c)(d) (Cost: $2,241,000; Original Acquisition Date: 05/27/2020)		2,241,000		2,220,159
Residential Re 2020-II Class 3 (T-Bill 3 Month + 8.240%), 12/06/2024 (a)(b)(c)(d) (Cost: $914,000; Original Acquisition Date: 10/30/2020)		914,000		906,231
Residential Re 2020-II Class 4 (T-Bill 3 Month + 6.510%), 12/06/2024 (a)(b)(c)(d) (Cost: $4,417,048; Original Acquisition Date: 10/30/2020)		4,404,000		4,367,667
Residential Re 2021-I Class 11 (T-Bill 3 Month + 9.910%), 06/06/2025 (a)(b)(c)(d) (Cost: $8,416,610; Original Acquisition Date: 05/06/2021)		8,427,000		6,843,567
Residential Re 2021-I Class 12 (T-Bill 3 Month + 5.220%), 06/06/2025 (a)(b)(c)(d) (Cost: $9,098,397; Original Acquisition Date: 05/06/2021)		9,621,000		8,107,617
Residential Re 2021-I Class 13 (T-Bill 3 Month + 3.590%), 06/06/2025 (a)(b)(c)(d) (Cost: $5,307,037; Original Acquisition Date: 05/06/2021)		5,305,000		4,836,038
Residential Re 2021-I Class 14 (T-Bill 3 Month + 2.500%), 06/06/2025 (a)(b)(c)(d) (Cost: $6,844,618; Original Acquisition Date: 05/06/2021)		6,852,000		6,484,048
Residential Re 2022-I Class 11 (T-Bill 3 Month + 12.500%), 06/06/2026 (a)(b)(c)(d) (Cost: $3,094,000; Original Acquisition Date: 05/02/2022)		3,094,000		2,580,860
Residential Re 2022-I Class 12 (T-Bill 3 Month + 7.500%), 06/06/2026 (a)(b)(c)(d) (Cost: $4,421,000; Original Acquisition Date: 05/02/2022)		4,421,000		3,879,870
Residential Re 2022-I Class 13 (T-Bill 3 Month + 5.250%), 06/06/2026 (a)(b)(c)(d) (Cost: $10,113,000; Original Acquisition Date: 05/02/2022)		10,113,000		8,862,022

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Residential Re 2022-I Class 14 (T-Bill 3 Month + 4.000%), 06/06/2026 (a)(b)(c)(d) (Cost: $12,642,000; Original Acquisition Date: 05/02/2022)	$	12,642,000	$	11,876,527
Residential Re 2023-I Class 13 (T-Bill 3 Month + 10.500%), 06/06/2027 (a)(b)(c)(d) (Cost: $13,644,000; Original Acquisition Date: 04/28/2023)		13,644,000		13,532,119
Residential Re 2023-I Class 14 (T-Bill 3 Month + 6.500%), 06/06/2027 (a)(b)(c)(d) (Cost: $24,484,420; Original Acquisition Date: 04/28/2023)		24,536,000		24,485,701
Riverfront Re 2021 Class A (T-Bill 3 Month + 4.240%), 01/07/2025 (a)(b)(c)(d) (Cost: $10,859,596; Original Acquisition Date: 05/21/2021)		10,902,000		10,601,650
Riverfront Re 2021 Class B (T-Bill 3 Month + 6.500%), 01/07/2025 (a)(b)(c)(d) (Cost: $2,431,000; Original Acquisition Date: 05/21/2021)		2,431,000		2,244,542
Sakura Re 2022-1 Class A (T-Bill 3 Month + 13.500%), 01/05/2026 (a)(b)(c)(d) (Cost: $5,224,000; Original Acquisition Date: 12/22/2022)		5,224,000		5,599,344
Sanders Re II 2020-1 Class A (T-Bill 3 Month + 4.250%), 04/07/2024 (a)(b)(c)(d) (Cost: $14,556,171; Original Acquisition Date: 03/18/2020)		14,627,000		14,605,791
Sanders Re II 2021-1 Class A (T-Bill 3 Month + 3.250%), 04/07/2025 (a)(b)(c)(d) (Cost: $13,790,668; Original Acquisition Date: 05/24/2021)		14,115,000		13,500,998
Sanders Re II 2021-2 Class A (T-Bill 3 Month + 3.050%), 04/07/2025 (a)(b)(c)(d) (Cost: $7,593,955; Original Acquisition Date: 11/23/2021)		7,770,000		7,412,580
Sanders Re II 2021-2 Class B (T-Bill 3 Month + 11.770%), 04/07/2025 (a)(b)(c)(d) (Cost: $1,500,000; Original Acquisition Date: 11/23/2021)		1,500,000		1,351,950
Sanders Re III 2022-1 Class A (T-Bill 3 Month + 3.500%), 04/07/2026 (a)(b)(c)(d) (Cost: $17,914,976; Original Acquisition Date: 03/22/2022)		18,425,000		17,498,222

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

14

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Sanders Re III 2022-1 Class B (T-Bill 3 Month + 10.750%), 04/09/2029 (a)(b)(c)(d) (Cost: $6,189,000; Original Acquisition Date: 03/22/2022)	$	6,189,000	$	4,991,738
Sanders Re III 2022-2 Class A (T-Bill 3 Month + 6.500%), 06/07/2025 (a)(b)(c)(d) (Cost: $8,638,000; Original Acquisition Date: 05/26/2022)		8,638,000		8,773,617
Sanders Re III 2022-2 Class B (T-Bill 3 Month + 8.750%), 06/07/2025 (a)(b)(c)(d) (Cost: $6,189,000; Original Acquisition Date: 05/26/2022)		6,189,000		6,154,651
Sanders Re III 2022-3 Class A (T-Bill 3 Month + 6.250%), 04/07/2027 (a)(b)(c)(d) (Cost: $4,607,000; Original Acquisition Date: 12/01/2022)		4,607,000		4,675,875
Sanders Re III 2023-1 Class A (T-Bill 3 Month + 5.750%), 04/08/2030 (a)(b)(c)(d) (Cost: $3,162,000; Original Acquisition Date: 03/24/2023)		3,162,000		3,154,095
Sanders Re III 2023-1 Class B (T-Bill 3 Month + 15.500%), 04/08/2030 (a)(b)(c)(d) (Cost: $3,954,000; Original Acquisition Date: 03/24/2023)		3,954,000		3,485,846
Sanders Re III 2023-2 Class A (T-Bill 3 Month + 8.000%), 06/05/2029 (a)(b)(c)(d) (Cost: $16,799,000; Original Acquisition Date: 05/24/2023)		16,799,000		17,272,732
Solomon Re 2023-1 Class A (T-Bill 3 Month + 5.250%), 06/08/2026 (a)(b)(c)(d) (Cost: $4,738,056; Original Acquisition Date: 06/12/2023)		4,719,000		4,803,234
Stabilitas Re 2023-1 Class A (T-Bill 3 Month + 8.500%), 06/05/2026 (a)(b)(c)(d) (Cost: $1,500,000; Original Acquisition Date: 06/07/2023)		1,500,000		1,532,625
Sussex Capital UK PCC 2020-1 (T-Bill 3 Month + 8.380%), 01/08/2025 (a)(b)(c)(d) (Cost: $12,680,758; Original Acquisition Date: 12/07/2020)		12,642,000		12,392,953
Titania Re 2021-1 Class A (T-Bill 3 Month + 5.030%), 06/21/2024 (a)(b)(c)(d) (Cost: $7,518,121; Original Acquisition Date: 06/09/2021)		7,515,000		7,485,316

	PRINCIPAL AMOUNT		VALUE
Multiperil - 22.4% (continued)
Titania Re 2021-2 Class A (T-Bill 3 Month + 6.500%), 12/27/2024 (a)(b)(c)(d) (Cost: $3,979,000; Original Acquisition Date: 12/08/2021)	$	3,979,000	$	3,868,384
Topanga Re 2021-1 Class A (T-Bill 3 Month + 4.990%), 01/08/2026 (a)(b)(c)(d) (Cost: $6,189,000; Original Acquisition Date: 12/08/2021)		6,189,000		5,629,824
Topanga Re 2021-1 Class B (T-Bill 3 Month + 16.800%), 01/08/2024 (a)(b)(c)(d) (Cost: $2,652,000; Original Acquisition Date: 12/08/2021)		2,652,000		1,909,440
Vista Re 2022-1 Class A (T-Bill 3 Month + 13.980%), 05/21/2025 (a)(b)(c)(d) (Cost: $3,979,000; Original Acquisition Date: 04/21/2022)		3,979,000		4,177,751
Yosemite Re 2022-1 Class A (T-Bill 3 Month + 9.978%), 06/06/2025 (a)(b)(c)(d) (Cost: $4,421,000; Original Acquisition Date: 05/31/2022)		4,421,000		4,520,473
				519,735,049
Windstorm - 21.9%
Alamo Re 2021-1 Class A (T-Bill 3 Month + 7.180%), 06/07/2024 (a)(b)(c)(d) (Cost: $31,152,522; Original Acquisition Date: 05/21/2021)		31,212,000		31,006,001
Alamo Re 2022-1 Class A (T-Bill 3 Month + 7.250%), 06/07/2025 (a)(b)(c)(d) (Cost: $9,059,000; Original Acquisition Date: 05/23/2022)		9,059,000		9,113,807
Alamo Re 2023-1 Class A (T-Bill 3 Month + 8.500%), 06/07/2026 (a)(b)(c)(d)(h) (Cost: $18,352,000; Original Acquisition Date: 04/12/2023)		18,352,000		18,593,329
Astro Re 2021-1 Class A (T-Bill 3 Month + 8.000%), 07/08/2025 (a)(b)(c)(d)(f) (Cost: $3,183,000; Original Acquisition Date: 07/06/2021)		3,183,000		2,307,675
Bayou Re 2023-1 Class A (T-Bill 3 Month + 12.750%), 05/26/2026 (a)(b)(c)(d) (Cost: $5,665,000; Original Acquisition Date: 05/11/2023)		5,665,000		5,763,004
Bayou Re 2023-1 Class B (T-Bill 3 Month + 19.500%), 05/26/2026 (a)(b)(c)(d) (Cost: $8,678,000; Original Acquisition Date: 05/11/2023)		8,678,000		9,001,689

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

15

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Windstorm - 21.9% (continued)
Bonanza Re 2020-2 Class A (T-Bill 3 Month + 4.870%), 12/23/2024 (a)(b)(c)(d) (Cost: $2,510,000; Original Acquisition Date: 12/15/2020)	$	2,510,000	$	2,284,602
Bonanza Re 2022-2 Class A (T-Bill 3 Month + 5.750%), 03/16/2025 (a)(b)(c)(d) (Cost: $3,979,000; Original Acquisition Date: 03/11/2022)		3,979,000		3,386,129
Cape Lookout Re 2021-1 Class A (T-Bill 3 Month + 3.700%), 03/22/2024 (a)(b)(c)(d)(h) (Cost: $15,798,694; Original Acquisition Date: 03/09/2021)		15,876,000		15,791,063
Cape Lookout Re 2022-1 Class A (T-Bill 3 Month + 5.350%), 03/28/2025 (a)(b)(c)(d) (Cost: $21,912,000; Original Acquisition Date: 03/16/2022)		21,912,000		21,532,922
Cape Lookout Re 2023-1 Class A (T-Bill 3 Month + 6.500%), 04/28/2026 (a)(b)(c)(d) (Cost: $23,202,562; Original Acquisition Date: 04/14/2023)		23,175,000		23,657,040
Catahoula Re II 2022-1 Class A (T-Bill 3 Month + 10.250%), 06/16/2025 (a)(b)(c)(d) (Cost: $9,455,848; Original Acquisition Date: 06/02/2022)		9,515,000		9,475,037
Catahoula Re II 2022-1 Class B (T-Bill 3 Month + 13.240%), 06/16/2025 (a)(b)(c)(d) (Cost: $7,073,000; Original Acquisition Date: 06/02/2022)		7,073,000		7,214,106
Citrus Re 2022-1 Class A (T-Bill 3 Month + 5.100%), 06/07/2025 (a)(b)(c)(d) (Cost: $5,526,000; Original Acquisition Date: 04/11/2022)		5,526,000		5,516,329
Citrus Re 2023-1 Class A (T-Bill 3 Month + 6.750%), 06/07/2026 (a)(b)(c)(d)(h) (Cost: $7,663,000; Original Acquisition Date: 04/27/2023)		7,663,000		7,802,850
Citrus Re 2023-1 Class B (T-Bill 3 Month + 9.000%), 06/07/2026 (a)(b)(c)(d) (Cost: $6,655,000; Original Acquisition Date: 04/27/2023)		6,655,000		6,725,876
Commonwealth Re 2022-1 Class A (T-Bill 3 Month + 3.500%), 07/08/2025 (a)(b)(c)(d) (Cost: $1,750,000; Original Acquisition Date: 06/15/2022)		1,750,000		1,768,025

	PRINCIPAL AMOUNT		VALUE
Windstorm - 21.9% (continued)
Commonwealth Re 2023-1 Class A (T-Bill 3 Month + 4.000%), 07/08/2026 (a)(b)(c)(d) (Cost: $8,656,453; Original Acquisition Date: 06/07/2023)	$	8,630,000	$	8,749,525
Cosaint Re 2021-1 Class A (T-Bill 3 Month + 9.840%), 04/03/2024 (a)(b)(c)(d) (Cost: $6,204,296; Original Acquisition Date: 03/19/2021)		6,189,000		5,560,816
Everglades Re II 2021-1 Class A (T-Bill 3 Month + 5.660%), 05/14/2024 (a)(b)(c)(d) (Cost: $21,075,564; Original Acquisition Date: 05/12/2021)		21,116,000		21,052,652
Everglades Re II 2021-1 Class B (T-Bill 3 Month + 6.320%), 05/14/2024 (a)(b)(c)(d) (Cost: $26,758,000; Original Acquisition Date: 05/12/2021)		26,758,000		26,744,621
Everglades Re II 2021-2 Class A (T-Bill 3 Month + 5.900%), 05/14/2024 (a)(b)(c)(d) (Cost: $23,597,000; Original Acquisition Date: 05/12/2021)		23,597,000		23,100,283
Everglades Re II 2022-1 Class A (T-Bill 3 Month + 7.750%), 05/19/2025 (a)(b)(c)(d) (Cost: $13,695,000; Original Acquisition Date: 05/19/2022)		13,695,000		13,448,490
Everglades Re II 2023-1 Class A (T-Bill 3 Month + 0.000%), 01/16/2024 (a)(b)(c)(d) (Cost: $20,382,952; Original Acquisition Date: 05/18/2023)		21,182,000		20,541,245
Everglades Re II 2023-2 Class A (T-Bill 3 Month + 0.000%), 01/16/2024 (a)(b)(c)(d) (Cost: $31,541,393; Original Acquisition Date: 05/18/2023)		32,628,000		31,756,832
First Coast Re III 2021-1 Class A (T-Bill 3 Month + 6.000%), 04/07/2025 (a)(b)(c)(d) (Cost: $6,159,981; Original Acquisition Date: 03/04/2021)		6,288,000		6,123,883
First Coast Re IV 2023-1 Class A (T-Bill 3 Month + 9.000%), 04/07/2026 (a)(b)(c)(d) (Cost: $2,000,000; Original Acquisition Date: 03/24/2023)		2,000,000		2,032,200
Frontline 2018-1 Class A (T-Bill 3 Month + 0.100%), 07/01/2026 (a)(b)(c)(d)(f) (Cost: $706,400; Original Acquisition Date: 06/12/2018)		706,400		353,694

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

16

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Windstorm - 21.9% (continued)
Gateway Re 2022-1 Class A (T-Bill 3 Month + 8.580%), 05/12/2025 (a)(b)(c)(d) (Cost: $8,399,000; Original Acquisition Date: 04/22/2022)	$	8,399,000	$	8,399,840
Gateway Re 2023-1 Class A (T-Bill 3 Month + 13.000%), 02/24/2026 (a)(b)(c)(d) (Cost: $13,725,000; Original Acquisition Date: 02/03/2023)		13,725,000		14,499,776
Gateway Re 2023-1 Class B (T-Bill 3 Month + 20.000%), 02/24/2026 (a)(b)(c)(d) (Cost: $3,113,000; Original Acquisition Date: 02/03/2023)		3,113,000		3,250,595
Gateway Re 2023-2 Class C (T-Bill 3 Month + 0.000%), 01/09/2024 (a)(b)(c)(d) (Cost: $2,141,111; Original Acquisition Date: 05/26/2023)		2,250,000		2,207,925
Gateway Re 2023-3 Class A (T-Bill 3 Month + 10.000%), 06/30/2026 (a)(b)(c)(d) (Cost: $5,404,000; Original Acquisition Date: 07/14/2023)		5,404,000		5,550,989
Gateway Re II 2023-1 Class A (T-Bill 3 Month + 9.500%), 04/27/2026 (a)(b)(c)(d) (Cost: $4,542,000; Original Acquisition Date: 04/13/2023)		4,542,000		4,628,071
Hestia Re 2022-1 Class A (T-Bill 3 Month + 9.500%), 04/22/2025 (a)(b)(c)(d)(f) (Cost: $8,427,000; Original Acquisition Date: 04/04/2022)		8,427,000		7,500,030
Hestia Re 2023-1 Class A (T-Bill 3 Month + 9.750%), 04/07/2026 (a)(b)(c)(d) (Cost: $3,765,101; Original Acquisition Date: 03/16/2023)		3,750,000		3,846,188
Integrity Re 2020-1 Class A (3 Month Libor USD + 0.500%), 04/12/2028 (a)(b)(c)(d) (Cost: $6,798,000; Original Acquisition Date: 03/18/2020)		6,798,000		3,908,850
Integrity Re 2022-1 Class A (T-Bill 3 Month + 7.070%), 06/06/2025 (a)(b)(c)(d)(f)(h) (Cost: $5,968,000; Original Acquisition Date: 05/09/2022)		5,968,000		5,549,942
Integrity Re 2023-1 Class A (T-Bill 3 Month + 12.000%), 06/06/2025 (a)(b)(c)(d) (Cost: $5,139,000; Original Acquisition Date: 03/23/2023)		5,139,000		5,355,095

	PRINCIPAL AMOUNT		VALUE
Windstorm - 21.9% (continued)
Lightning Re 2023-1 Class A (T-Bill 3 Month + 11.000%), 03/31/2026 (a)(b)(c)(d) (Cost: $21,239,987; Original Acquisition Date: 03/20/2023)	$	20,985,000	$	21,996,477
Lower Ferry Re 2023-1 Class A (T-Bill 3 Month + 4.250%), 07/08/2026 (a)(b)(c)(d) (Cost: $7,477,658; Original Acquisition Date: 06/23/2023)		7,458,000		7,524,376
Lower Ferry Re 2023-1 Class B (T-Bill 3 Month + 5.000%), 07/08/2026 (a)(b)(c)(d) (Cost: $9,431,000; Original Acquisition Date: 06/23/2023)		9,431,000		9,514,464
Matterhorn Re SR2022-2 Class C (SOFR + 9.025%), 06/07/2024 (a)(b)(c)(d) (Cost: $7,073,456; Original Acquisition Date: 06/08/2022)		6,999,000		7,107,485
Mayflower Re 2023-1 Class A (T-Bill 3 Month + 4.500%), 07/08/2026 (a)(b)(c)(d) (Cost: $8,346,909; Original Acquisition Date: 06/26/2023)		8,338,000		8,450,980
Mayflower Re 2023-1 Class B (T-Bill 3 Month + 5.750%), 07/08/2026 (a)(b)(c)(d) (Cost: $17,393,000; Original Acquisition Date: 06/26/2023)		17,393,000		17,739,121
Merna Re II 2021-2 Class A (T-Bill 3 Month + 5.500%), 07/08/2024 (a)(b)(c)(d) (Cost: $13,838,689; Original Acquisition Date: 06/08/2021)		13,878,000		13,648,909
Metrocat Re 2023-1 Class A (T-Bill 3 Month + 5.750%), 05/08/2026 (a)(b)(c)(d) (Cost: $2,429,000; Original Acquisition Date: 05/12/2023)		2,429,000		2,453,169
Pelican IV Re 2021-1 Class A (T-Bill 3 Month + 0.500%), 05/07/2024 (a)(b)(c)(d)(f) (Cost: $2,431,000; Original Acquisition Date: 04/29/2021)		2,431,000		122
Pelican IV Re 2021-1 Class B (T-Bill 3 Month + 5.355%), 05/07/2024 (a)(b)(c)(d)(f) (Cost: $2,873,000; Original Acquisition Date: 04/29/2021)		2,873,000		144
Purple Re 2023-1 Class A (T-Bill 3 Month + 12.250%), 04/24/2030 (a)(b)(c)(d) (Cost: $7,109,000; Original Acquisition Date: 04/06/2023)		7,109,000		7,188,621

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

17

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	PRINCIPAL AMOUNT		VALUE
Windstorm - 21.9% (continued)
Purple Re 2023-2 Class A (T-Bill 3 Month + 10.000%), 06/05/2026 (a)(b)(c)(d) (Cost: $6,968,638; Original Acquisition Date: 06/27/2023)	$	6,962,000	$	7,030,228
				507,755,122
				1,541,121,393
TOTAL EVENT LINKED BONDS (Cost $1,941,811,389)				1,896,901,221
QUOTA SHARES AND OTHER REINSURANCE-RELATED SECURITIES - 13.2%
PARTICIPATION NOTES - 3.7%
Global - 3.7%
Multiperil - 3.7%
Eden Re II 2020-1 Class A 03/22/2024 (a)(c)(d)(f)(i)(j) (Cost: $1,275,000; Original Acquisition Date: 12/16/2019)		1,275,000		573,399
Eden Re II 2020-1 Class B 03/22/2024 (a)(c)(d)(f)(i)(j) (Cost: $2,041,181; Original Acquisition Date: 12/26/2019)		2,041,181		733,441
Eden Re II 2021-1 Class A 03/21/2025 (a)(c)(d)(f)(i)(j) (Cost: $1,813,866; Original Acquisition Date: 12/14/2020)		1,813,866		741,273
Eden Re II 2021-1 Class B 03/21/2025 (a)(c)(d)(f)(i)(j) (Cost: $1,982,426; Original Acquisition Date: 12/21/2020)		1,982,426		802,087
Eden Re II 2022-1 Class A 03/20/2026 (a)(c)(d)(f)(i)(j) (Cost: $2,742,404; Original Acquisition Date: 12/14/2021)		2,742,404		1,834,507
Eden Re II 2022-1 Class B 03/20/2026 (a)(c)(d)(f)(i)(j) (Cost: $6,254,042; Original Acquisition Date: 12/17/2021)		6,254,042		4,348,517
Eden Re II 2023-1 Class B 03/19/2027 (a)(c)(d)(f)(i)(j) (Cost: $39,442,000; Original Acquisition Date: 12/22/2022)		39,442,000		45,527,102
Limestone Re 2020-1 B 03/01/2024 (a)(c)(d)(f)(i)(j) (Cost: $0; Original Acquisition Date: 12/27/2019)		24,750		-
Phoenix 2 Re Pte. Ltd. 2022-1 Class A 01/04/2028 (a)(c)(d)(f)(i) (Cost: $750,000; Original Acquisition Date: 12/21/2021)		750,000		1,082,326
Phoenix Re Pte. Ltd. 2022-1 Class B 01/04/2028 (a)(c)(d)(f)(i) (Cost: $2,250,000; Original Acquisition Date: 12/21/2021)		2,250,000		2,484,182

	PRINCIPAL AMOUNT		VALUE
Multiperil - 3.7% (continued)
Sector Re V Series 2021-Dec Class GL-R 12/01/2026 (a)(d)(f)(i) (Cost: $9,912; Original Acquisition Date: 12/09/2021)	$	9,912	$	373,623
Sector Re V Series 2022-Apr Class GL-R 03/01/2027 (a)(d)(f)(i) (Cost: $8,948; Original Acquisition Date: 04/28/2022)		8,948		931,507
Sector Re V Series 2022-Apr Class US-R 03/01/2027 (a)(d)(f)(i) (Cost: $117,039; Original Acquisition Date: 04/28/2022)		117,039		771,269
Sector Re V Series 2022-Dec Class GL-R 12/01/2027 (a)(d)(f)(i) (Cost: $3,466,000; Original Acquisition Date: 12/22/2022)		3,466,000		4,300,247
Sector Re V Series 2023-Apr Class GL-R 03/01/2028 (a)(d)(f)(i) (Cost: $15,407,864; Original Acquisition Date: 04/25/2023)		15,407,864		18,750,138
Sector Re V Series 9 Class A 03/01/2024 (a)(d)(f) (Cost: $2,289,214; Original Acquisition Date: 04/24/2019)		2,293,061		1,860,221
Sector Re V Series 9 Class B 03/01/2024 (a)(d)(f) (Cost: $814,664; Original Acquisition Date: 04/24/2019)		816,025		661,992
Sector Re V Series 9 Class G 03/01/2024 (a)(d)(f) (Cost: $18,782; Original Acquisition Date: 04/24/2019)		18,782		450,234
TOTAL PARTICIPATION NOTES (Cost $80,683,340)				86,226,065
	SHARES		VALUE
PREFERENCE SHARES - 9.5%
Global - 9.5%
Multiperil - 9.5%
Arenal (Artex Segregated Account Company) (a)(d)(f)(i)(j) (Cost: $6,256,510; Original Acquisition Date: 05/07/2015)		18,011		4,132,121
Hatteras (Artex Segregated Account Company) (a)(d)(f)(i)(j) (Cost: $30,502,685; Original Acquisition Date: 12/30/2014)		37,256		34,303,361
Hudson Charles 2 (Mt. Logan Re) (a)(d)(f)(i) (Cost: $11,534,500; Original Acquisition Date: 04/02/2014)		11,535		16,702,464

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

18

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

	SHARES		VALUE
Multiperil - 9.5% (continued)
Hudson Charles 3 (Mt. Logan Re) (a)(d)(f) (Cost: $15,350,000; Original Acquisition Date: 06/19/2014)		15,350	$	20,608,201
Labrador (Horseshoe Re) (a)(d)(f)(i)(j) (Cost: $34,121,000; Original Acquisition Date: 07/22/2022)		34,121		44,201,856
Lyndhurst (Horseshoe Re) (a)(d)(f)(i)(j) (Cost: $8,364,176; Original Acquisition Date: 12/31/2020)		27,200		5,296,706
Madison (Artex Segregated Account Company) (a)(d)(f)(i)(j) (Cost: $1,258,914; Original Acquisition Date: 02/03/2020)		5,011		1,028,794
Peregrine HYR (a)(d)(f)(i)(j) (Cost: $16,629,628; Original Acquisition Date: 12/21/2020)		1,800,000		19,592,682
Rondout (Artex Segregated Account Company) (a)(d)(f)(i)(j) (Cost: $43,904,155; Original Acquisition Date: 05/29/2015)		97,537		73,178,034
Yoho (Artex Segregated Account Company) (a)(d)(f)(j) (Cost: $3,376,612; Original Acquisition Date: 05/17/2016)		39,886		610,911
TOTAL PREFERENCE SHARES (Cost $171,298,181)				219,655,130
TOTAL QUOTA SHARES AND OTHER REINSURANCE-RELATED SECURITIES (Cost $251,981,521)				305,881,195
SHORT-TERM INVESTMENTS - 4.1%
Money Market Fund - 4.1%
Fidelity Investments Money Market Funds - Government Portfolio - 5.24% (k)		46,981,614		46,981,614
Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class - 5.25% (k)		46,981,614		46,981,614
TOTAL SHORT-TERM INVESTMENTS (Cost $93,963,228)				93,963,228
TOTAL INVESTMENTS (Cost $2,287,756,138) - 99.2%				2,296,745,644
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.8%				19,083,384
TOTAL NET ASSETS - 100.0%			$	2,315,829,028

Principal amounts stated in U.S. dollars unless otherwise stated.

Country shown is geographic area of peril risk.

Percentages are stated as a percent of net assets.

(a) Foreign issued security. Total foreign securities by country of domicile are $2,202,782,416. Foreign concentration is as follows: Bermuda: 81.3%, Singapore: 4.5%, Cayman Islands: 4.2%, Ireland: 2.3%, Supranational: 2.5%, and Hong Kong: 0.2%, Great Britain: 0.1%.

(b) Variable rate security. Reference rates as of October 31, 2023 are as follows: Secured Overnight Financing Rate (SOFR) 5.32%, 3 Month Eurobor 3.95%, T-Bill 3 Month 5.48%, and 3 Month Libor 5.65%. Actual reference rates may vary based on the reset date of the security.

(c) Although security is restricted as to resale, the Fund’s Adviser has determined this security to be liquid based upon procedures approved by the Board of Trustees. The aggregate value of these securities at October 31, 2023 was $1,955,028,055, which represented 84.4% of net assets.

(d) Security is restricted as to resale.

(e) Rounds to zero.

(f) Value determined using significant unobservable inputs.

(g) Zero-coupon bond. The rate shown is the yield to maturity based upon original cost which may differ from current cost due to returns of capital received.

(h) All or a portion of the security is pledged as collateral for the Fund’s reverse repurchase agreements.

(i) Non-income producing security.

(j) Security is fair valued by the Adviser Valuation Committee using an insurance industry model pursuant to procedures approved by the Board of Trustees. The aggregate value of these securities is $236,904,791, which represents 10.2% of net assets.

(k) Rate shown is the 7-day effective yield.

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

19

Schedule of Investments as of October 31, 2023

STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND

Reverse Repurchase Agreements

DESCRIPTION	PRINCIPAL VALUE		AMORTIZED COST
REVERSE REPURCHASE AGREEMENTS SOLD
Repurchase Agreement with JP Morgan Chase Securities, Inc., dated 10/30/2023, 6.71%, collateralized by $14,510,402 Event Linked Bonds, due 11/30/2023	$	5,000,001	$	5,000,001
TOTAL REVERSE REPURCHASE AGREEMENTS SOLD (Premiums Received $5,000,001)	$	5,000,001	$	5,000,001

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

20

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	ACQUISTION DATE	PRINCIPAL AMOUNT		COST		VALUE
ASSET-BACKED SECURITIES - 9.6%
United States - 9.6%
ACHV ABS TR 2023-2PL 2023-2PL D (a)(b)(c)	4/4/2023	$	930,000	$	929,900	$	950,076
ACHV ABS TR 2023-3PL (a)(b)(c)	7/27/2023		1,500,000		1,499,768		1,509,003
Affirm Asset SEC TR 2023-B D (a)(b)(c)	9/12/2023		2,500,000		2,499,846		2,499,846
Affirm Asset SEC TR 2023-B E (a)(b)(c)	9/12/2023		1,500,000		1,499,807		1,499,807
AMSR TR 2022-SFR3 Trust (a)(b)(d)	8/11/2022		2,000,000		1,732,967		1,739,160
AMSR TR 2023-SFR1 Trust (a)(b)(d)	2/22/2023		2,000,000		1,601,414		1,586,180
AMSR TR 2023-SFR2 Trust (a)(b)(d)	7/17/2023		2,000,000		1,452,994		1,436,138
AMSR TR 2023-SFR2 Trust-2 (a)(b)(d)	7/17/2023		5,000,000		3,824,117		3,782,338
Firstkey Homes 2021-SFR1 Trust (a)(b)(d)	12/15/2022		2,000,000		1,723,356		1,698,605
Freed ABS Trust 2022-3FP (a)(b)(c)	6/28/2022		550,000		549,929		558,441
Freed ABS Trust 2022-4FP (a)(b)(c)	10/21/2022		2,270,000		2,228,773		2,243,515
Home Part America 2021-2 Trust (a)(b)(d)	1/12/2023		2,406,625		2,153,715		2,084,584
Lendingpoint Asset Securitization Trust 2022-C (a)(b)(c)	9/23/2022		3,000,000		2,920,001		2,896,713
Marlette FDG TR 2022-2 (a)(b)(c)	6/28/2022		1,000,000		984,948		982,644
Marlette FDG TR 2023-3 (a)(b)(c)	7/18/2023		3,840		1,564,349		2,256,016
Marlette FDG TR 2023-4 B (a)(b)(c)	10/23/2023		3,435,000		3,361,281		3,361,281
Progress Re 2021-SFR1 (a)(b)(d)	2/11/2021		1,750,000		1,749,957		1,569,696
Progress Re 2021-SFR2 (a)(b)(d)	4/7/2021		3,000,000		2,999,930		2,682,607
Progress Re 2021-SFR10 (a)(b)(d)	11/19/2021		4,975,754		4,975,627		4,042,298
Progress Re 2022-SFR3 (a)(b)(d)	4/5/2022		3,000,000		2,917,628		2,768,025
Progress Re 2022-SFR5 (a)(b)(d)	6/10/2022		1,000,000		993,767		942,756
Progress Re 2023-SFR2 (a)(b)(d)	9/19/2023		2,000,000		1,743,509		1,735,756
Prosper Marketplace ISS 2023-1 D (a)(b)(c)	9/19/2023		3,600,000		3,599,464		3,582,120
Upgrade MSTR CR PT TR 2021-ST3 (a)(b)(c)	5/27/2021		1,419,000		11,057		76,111
Upgrade Master Pass-Thru Trust Series 2023-PT1 (a)(b)(c)	7/31/2023		38,040,679		37,402,275		37,890,116
Upstart Pass-Through 2021-ST3 (a)(b)(c)	4/8/2021		2,850,000		671,039		487,090
Upstart Pass-Through 2021-ST4 (a)(b)(c)	5/13/2021		3,060,000		887,091		609,921
Upstart Pass-Through 2021-ST5 (a)(b)(c)	6/3/2021		1,000,000		412,738		214,790
Upstart Securitization 2022-2 (a)(b)(c)	5/26/2022		3,150,000		3,133,513		2,957,507
Upstart Securitization 2022-3 (a)(b)(c)	6/29/2022		3,600,000		3,529,864		3,395,048
Upstart Securitization 2022-4 (a)(b)(c)	8/16/2022		1,214,000		1,213,697		1,156,125
Upstart Securitization 2023-2 (a)(b)(c)	6/29/2023		2,500,000		2,499,800		2,472,805
Upstart Structured Pass Through Trust 2022-1 (a)(b)(c)	4/1/2022		4,200,000		4,086,707		3,050,954
Upstart Structured Pass Through Trust 2022-4A (a)(b)(c)	10/17/2022		500,000		482,067		481,708
TOTAL ASSET-BACKED SECURITIES (Cost $103,836,895)							101,199,780
				PRINCIPAL AMOUNT		VALUE
EVENT LINKED BONDS (e) - 27.1%
Chile - 0.3%
Earthquake - 0.3%
IBRD CAR 131 (SOFR + 4.750%), 03/31/2026 (f)(g)(h)(i) (Cost: $3,570,356; Original Acquisition Date: 04/21/2023)				$	3,534,000		3,598,672
Europe - 0.3%
Multiperil - 0.1%
Lion III Re DAC 2021-1 (3 Month Euribor + 4.010%), 07/16/2025 (f)(g)(h)(i)(j) (Cost: $555,131; Original Acquisition Date: 06/30/2023)				EUR	518,000		531,105
Windstorm - 0.2%
Eiffel Re 2023-1 Class A (3 Month Euribor + 3.250%), 01/19/2027 (f)(g)(h)(i) (Cost: $1,717,211; Original Acquisition Date: 06/22/2023)					1,567,000		1,645,194
Randolph Re 2023-1 Class A 8.042%, 06/15/2024 (f)(h)(i)(j)(k) (Cost: $519,474; Original Acquisition Date: 06/08/2023)					506,000		509,057
							2,154,251
							2,685,356

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

21

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Global - 2.9%
Multiperil - 2.7%
2001 Cat Re 2020-1 Class A (T-Bill 3 Month + 12.660%), 01/08/2024 (f)(g)(h)(i) (Cost: $658,341; Original Acquisition Date: 04/21/2023)	$	666,000	$	664,069
3264 Re 2022-1 Class A (T-Bill 3 Month + 19.000%), 01/08/2025 (f)(g)(h)(i)(j) (Cost: $899,122; Original Acquisition Date: 04/21/2023)		1,043,000		756,175
Atlas Capital 2020 DAC 2020-1 (T-Bill 3 Month + 8.300%), 06/10/2024 (f)(g)(h)(i) (Cost: $895,252; Original Acquisition Date: 04/21/2023)		911,000		922,433
Atlas Capital 2022 DAC 2022-1 Class A (SOFR + 9.680%), 06/06/2025 (f)(g)(h)(i) (Cost: $2,894,888; Original Acquisition Date: 04/21/2023)		2,988,000		3,035,061
Claveau Re 2021-1 Class A (T-Bill 3 Month + 17.250%), 07/08/2025 (f)(g)(h)(i) (Cost: $1,000,958; Original Acquisition Date: 04/21/2023)		1,573,000		890,632
Herbie Re 2021-1 Class A (T-Bill 3 Month + 17.250%), 06/06/2025 (f)(g)(h)(i) (Cost: $486,083; Original Acquisition Date: 04/21/2023)		666,000		362,970
Kendall Re 2021-1 Class A (T-Bill 3 Month + 4.000%), 05/02/2024 (f)(g)(h)(i) (Cost: $2,323,742; Original Acquisition Date: 04/21/2023)		2,386,000		2,365,003
Kendall Re 2021-1 Class B (T-Bill 3 Month + 6.250%), 05/02/2024 (f)(g)(h)(i) (Cost: $950,565; Original Acquisition Date: 04/21/2023)		985,000		981,897
Kilimanjaro III Re 2019-1 Class B-1 (T-Bill 3 Month + 9.910%), 12/19/2023 (f)(g)(h)(i) (Cost: $4,063,759; Original Acquisition Date: 04/21/2023)		4,100,000		4,093,850
Kilimanjaro III Re 2021-1 Class A-1 (T-Bill 3 Month + 12.360%), 04/21/2025 (f)(g)(h)(i) (Cost: $827,374; Original Acquisition Date: 04/21/2023)		956,000		934,586
Kilimanjaro III Re 2021-1 Class C-1 (T-Bill 3 Month + 4.560%), 04/21/2025 (f)(g)(h)(i) (Cost: $674,010; Original Acquisition Date: 04/21/2023)		724,000		712,561
Kilimanjaro III Re 2021-2 Class A-2 (T-Bill 3 Month + 12.360%), 04/20/2026 (f)(g)(h)(i) (Cost: $622,150; Original Acquisition Date: 04/21/2023)		782,000		751,385
Kilimanjaro III Re 2021-2 Class B-2 (T-Bill 3 Month + 4.860%), 04/20/2026 (f)(g)(h)(i) (Cost: $309,387; Original Acquisition Date: 04/21/2023)		348,000		332,218
Kilimanjaro III Re 2021-2 Class C-2 (T-Bill 3 Month + 4.560%), 04/20/2026 (f)(g)(h)(i) (Cost: $284,914; Original Acquisition Date: 04/21/2023)		319,000		306,734
Kilimanjaro III Re 2022-1 Class A (T-Bill 3 Month + 5.250%), 06/25/2025 (f)(g)(h)(i) (Cost: $943,332; Original Acquisition Date: 04/21/2023)		985,000		985,985
Matterhorn Re SR2020-2 Class A (T-Bill 3 Month + 5.000%), 01/08/2024 (f)(g)(h)(i) (Cost: $883,629; Original Acquisition Date: 04/21/2023)		892,000		802,800
Matterhorn Re SR2021-1 Class A (SOFR + 5.750%), 12/08/2025 (f)(g)(h)(i) (Cost: $1,527,490; Original Acquisition Date: 04/21/2023)		1,688,000		1,559,712
Matterhorn Re SR2022-1 Class A (SOFR + 5.250%), 03/24/2025 (f)(g)(h)(i) (Cost: $434,317; Original Acquisition Date: 04/21/2023)		464,000		453,096
Matterhorn Re SR2022-1 Class B (SOFR + 7.750%), 03/24/2025 (f)(g)(h)(i) (Cost: $433,989; Original Acquisition Date: 04/21/2023)		464,000		455,602
Montoya Re 2022-1 Class A (T-Bill 3 Month + 6.750%), 04/07/2025 (f)(g)(h)(i) (Cost: $1,088,339; Original Acquisition Date: 04/21/2023)		1,121,000		1,128,006
Sakura Re 2021-1 Class A (T-Bill 3 Month + 2.250%), 04/07/2025 (f)(g)(h)(i) (Cost: $1,022,151; Original Acquisition Date: 04/21/2023)		1,048,000		1,044,332
Sakura Re 2021-1 Class B (T-Bill 3 Month + 4.160%), 04/07/2025 (f)(g)(h)(i) (Cost: $2,172,386; Original Acquisition Date: 04/21/2023)		2,229,000		2,211,837
Vista Re 2021-1 Class A (T-Bill 3 Month + 6.750%), 05/21/2024 (f)(g)(h)(i) (Cost: $2,285,670; Original Acquisition Date: 04/21/2023)		2,358,000		2,356,821
Wrigley Re 2023-1 Class A (T-Bill 3 Month + 6.500%), 07/28/2026 (f)(g)(h)(i) (Cost: $640,000; Original Acquisition Date: 07/14/2023)		640,000		641,600
				28,749,365
Windstorm - 0.2%
Queen Street 2023 Re DAC (T-Bill 3 Month + 7.500%), 12/08/2025 (f)(g)(h)(i) (Cost: $1,725,975; Original Acquisition Date: 05/12/2023)		1,728,000		1,769,558
				30,518,923

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

22

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Jamaica - 0.3%
Windstorm - 0.3%
IBRD CAR 130 (SOFR + 4.400%), 12/29/2023 (f)(g)(h)(i) (Cost: $2,834,732; Original Acquisition Date: 04/21/2023)	$	2,846,000	$	2,846,996
Japan - 0.6%
Earthquake - 0.6%
Kizuna Re III 2021-1 Class A (T-Bill 3 Month + 2.000%), 04/07/2026 (f)(g)(h)(i) (Cost: $340,207; Original Acquisition Date: 06/21/2023)		344,000		340,182
Nakama Re 2023-1 Class 2 (SOFR + 4.000%), 05/09/2028 (f)(g)(h)(i) (Cost: $667,000; Original Acquisition Date: 04/14/2023)		667,000		672,336
Nakama Re Pte. 2021-1 Class 1 (T-Bill 3 Month + 2.050%), 10/13/2026 (f)(g)(h)(i) (Cost: $3,424,044; Original Acquisition Date: 04/21/2023)		3,459,000		3,423,718
Nakama Re Pte. 2021-1 Class 2 (T-Bill 3 Month + 2.750%), 10/13/2026 (f)(g)(h)(i) (Cost: $1,548,405; Original Acquisition Date: 04/21/2023)		1,612,000		1,570,491
				6,006,727
Typhoon - 0.0% (l)
Black Kite Re 2022-1 Class A (T-Bill 3 Month + 6.900%), 06/09/2025 (f)(g)(h)(i) (Cost: $613,662; Original Acquisition Date: 04/21/2023)		637,000		637,796
				6,644,523
Mexico - 0.2%
Earthquake - 0.1%
IBRD CAR 125 Class A (3 Month Libor USD + 3.500%), 03/13/2024 (f)(g)(h)(i) (Cost: $810,123; Original Acquisition Date: 04/21/2023)		812,000		808,711
IBRD CAR 126 Class B (3 Month Libor USD + 9.000%), 03/13/2024 (f)(g)(h)(i) (Cost: $358,056; Original Acquisition Date: 04/21/2023)		361,000		358,311
				1,167,022
Windstorm - 0.1%
IBRD CAR 127 Class C (3 Month Libor USD + 10.000%), 03/13/2024 (f)(g)(h)(i) (Cost: $863,213; Original Acquisition Date: 04/21/2023)		872,000		863,629
				2,030,651
New Zealand - 0.2%
Multiperil - 0.2%
Totara Re Pte. 2023-1 (SOFR + 8.750%), 06/08/2027 (f)(g)(h)(i) (Cost: $1,611,816; Original Acquisition Date: 05/24/2023)	NZD	2,624,000		1,531,727
United States - 22.3%
Earthquake - 5.6%
Acorn Re 2021-1 Class A (T-Bill 3 Month + 2.500%), 11/07/2024 (f)(g)(h)(i) (Cost: $4,198,492; Original Acquisition Date: 04/21/2023)	$	4,308,000		4,220,332
Acorn Re 2023-1 Class A (T-Bill 3 Month + 4.350%), 11/06/2026 (f)(g)(h)(i) (Cost: $1,594,243; Original Acquisition Date: 06/22/2023)		1,601,000		1,610,046
Herbie Re 2022-1 Class A (T-Bill 3 Month + 12.500%), 01/08/2027 (f)(g)(h)(i) (Cost: $308,864; Original Acquisition Date: 04/21/2023)		302,000		321,554
Logistics Re 2021-1 Class A (T-Bill 3 Month + 3.880%), 12/20/2024 (f)(g)(h)(i) (Cost: $479,555; Original Acquisition Date: 04/21/2023)		493,000		484,003
Merna Re II 2021-1 Class A (T-Bill 3 Month + 3.930%), 04/05/2024 (f)(g)(h)(i) (Cost: $4,762,168; Original Acquisition Date: 04/21/2023)		4,766,000		4,753,370
Merna Re II 2022-1 Class A (T-Bill 3 Month + 3.750%), 04/07/2025 (f)(g)(h)(i) (Cost: $1,884,436; Original Acquisition Date: 04/21/2023)		1,899,000		1,900,804
Phoenician Re 2020-1 Class A (T-Bill 3 Month + 3.016%), 12/14/2023 (f)(g)(h)(i) (Cost: $1,319,624; Original Acquisition Date: 04/21/2023)		1,323,000		1,319,759
Phoenician Re 2020-2 Class A (T-Bill 3 Month + 2.924%), 12/14/2023 (f)(g)(h)(i) (Cost: $611,731; Original Acquisition Date: 04/21/2023)		613,000		611,958
Phoenician Re 2021-1 Class A (T-Bill 3 Month + 2.898%), 12/14/2024 (f)(g)(h)(i) (Cost: $771,786; Original Acquisition Date: 04/21/2023)		801,000		790,146

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

23

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Earthquake - 5.6% (continued)
Sierra 2021-1 Class A (T-Bill 3 Month + 2.700%), 01/31/2024 (f)(g)(h)(i) (Cost: $466,159; Original Acquisition Date: 04/21/2023)	$	470,000	$	466,122
Sutter Re 2023-1 Class B (T-Bill 3 Month + 6.750%), 06/19/2026 (f)(g)(h)(i) (Cost: $2,433,995; Original Acquisition Date: 06/06/2023)		2,433,000		2,447,111
Sutter Re 2023-1 Class E (T-Bill 3 Month + 9.750%), 06/19/2026 (f)(g)(h)(i) (Cost: $3,045,190; Original Acquisition Date: 06/06/2023)		3,039,000		3,058,146
Torrey Pines Re 2021-1 Class A (T-Bill 3 Month + 4.180%), 06/07/2024 (f)(g)(h)(i) (Cost: $2,880,774; Original Acquisition Date: 04/21/2023)		2,916,000		2,842,371
Torrey Pines Re 2021-1 Class B (T-Bill 3 Month + 4.770%), 06/07/2024 (f)(g)(h)(i) (Cost: $2,951,288; Original Acquisition Date: 04/21/2023)		3,013,000		2,945,961
Torrey Pines Re 2022-1 Class A (T-Bill 3 Month + 5.465%), 06/06/2025 (f)(g)(h)(i) (Cost: $3,100,627; Original Acquisition Date: 04/21/2023)		3,145,000		3,123,928
Torrey Pines Re 2022-1 Class B (T-Bill 3 Month + 7.780%), 06/06/2025 (f)(g)(h)(i) (Cost: $2,039,038; Original Acquisition Date: 04/21/2023)		2,122,000		2,031,285
Torrey Pines Re 2023-1 Class A (T-Bill 3 Month + 5.000%), 06/05/2026 (f)(g)(h)(i) (Cost: $880,000; Original Acquisition Date: 05/18/2023)		880,000		883,608
Ursa Re 2023-1 Class AA (T-Bill 3 Month + 5.500%), 12/06/2025 (f)(g)(h)(i) (Cost: $1,144,938; Original Acquisition Date: 04/12/2023)		1,145,000		1,151,183
Ursa Re 2023-1 Class C (T-Bill 3 Month + 8.250%), 12/06/2025 (f)(g)(h)(i) (Cost: $615,967; Original Acquisition Date: 04/12/2023)		616,000		616,647
Ursa Re 2023-2 Class E (T-Bill 3 Month + 9.250%), 12/07/2026 (f)(g)(h)(i) (Cost: $2,996,000; Original Acquisition Date: 10/10/2023)		2,996,000		2,995,101
Ursa Re II 2020-1 Class AA (T-Bill 3 Month + 3.940%), 12/07/2023 (f)(g)(h)(i) (Cost: $6,103,710; Original Acquisition Date: 04/21/2023)		6,111,000		6,090,223
Ursa Re II 2020-1 Class D (T-Bill 3 Month + 6.310%), 12/07/2023 (f)(g)(h)(i) (Cost: $6,334,862; Original Acquisition Date: 04/21/2023)		6,339,000		6,327,273
Ursa Re II 2021-1 Class F (T-Bill 3 Month + 6.190%), 12/06/2024 (f)(g)(h)(i) (Cost: $1,069,962; Original Acquisition Date: 04/21/2023)		1,130,000		1,090,055
Ursa Re II 2022-1 Class A (T-Bill 3 Month + 5.000%), 06/16/2025 (f)(g)(h)(i) (Cost: $2,495,795; Original Acquisition Date: 04/21/2023)		2,544,000		2,524,411
Ursa Re II 2022-1 Class E (T-Bill 3 Month + 7.750%), 06/16/2025 (f)(g)(h)(i) (Cost: $388,272; Original Acquisition Date: 04/21/2023)		406,000		396,337
Ursa Re II 2022-2 Class C (T-Bill 3 Month + 10.250%), 12/06/2025 (f)(g)(h)(i) (Cost: $377,322; Original Acquisition Date: 09/05/2023)		361,000		376,613
Veraison Re 2023-1 Class A (T-Bill 3 Month + 6.500%), 03/09/2026 (f)(g)(h)(i) (Cost: $642,338; Original Acquisition Date: 04/21/2023)		636,000		664,684
Veraison Re 2023-1 Class B (T-Bill 3 Month + 12.000%), 03/09/2026 (f)(g)(h)(i) (Cost: $622,456; Original Acquisition Date: 04/21/2023)		611,000		642,467
Wrigley Re 2023-1 Class B (T-Bill 3 Month + 7.000%), 07/28/2026 (f)(g)(h)(i) (Cost: $1,783,236; Original Acquisition Date: 07/14/2023)		1,781,000		1,802,817
				58,488,315
Fire - 0.2%
Power Protective Re 2020-1 Class A (T-Bill 3 Month + 10.750%), 12/15/2023 (f)(g)(h)(i) (Cost: $460,663; Original Acquisition Date: 04/21/2023)		464,000		461,517
Power Protective Re 2021-1 Class A (T-Bill 3 Month + 15.000%), 10/09/2024 (f)(g)(h)(i) (Cost: $313,494; Original Acquisition Date: 04/21/2023)		319,000		313,386
SD Re 2021-1 Class A (T-Bill 3 Month + 8.750%), 11/19/2024 (f)(g)(h)(i) (Cost: $308,618; Original Acquisition Date: 04/21/2023)		319,000		309,095
SD Re 2021-1 Class B (T-Bill 3 Month + 9.250%), 11/19/2024 (f)(g)(h)(i) (Cost: $874,707; Original Acquisition Date: 04/21/2023)		898,000		875,999
				1,959,997
Flood - 1.3%
FloodSmart Re 2021-1 Class A (T-Bill 3 Month + 13.580%), 03/01/2024 (f)(g)(h)(i) (Cost: $5,203,137; Original Acquisition Date: 04/21/2023)		5,422,000		5,365,069
FloodSmart Re 2021-1 Class B (T-Bill 3 Month + 17.330%), 03/01/2024 (f)(g)(h)(i) (Cost: $819,821; Original Acquisition Date: 04/21/2023)		927,000		801,855

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

24

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Flood - 1.3% (continued)
FloodSmart Re 2022-1 Class A (T-Bill 3 Month + 11.830%), 02/25/2025 (f)(g)(h)(i) (Cost: $3,256,084; Original Acquisition Date: 04/21/2023)	$	3,459,000	$	3,437,361
FloodSmart Re 2022-1 Class B (T-Bill 3 Month + 14.330%), 02/25/2025 (f)(g)(h)(i) (Cost: $1,101,721; Original Acquisition Date: 04/21/2023)		1,192,000		1,169,650
FloodSmart Re 2023-1 Class A (T-Bill 3 Month + 16.250%), 03/11/2026 (f)(g)(h)(i) (Cost: $2,679,745; Original Acquisition Date: 04/21/2023)		2,673,000		2,771,195
FloodSmart Re 2023-1 Class B (T-Bill 3 Month + 21.500%), 03/11/2026 (f)(g)(h)(i) (Cost: $463,420; Original Acquisition Date: 04/21/2023)		464,000		482,222
				14,027,352
Mortality/Longevity/Disease - 0.3%
Vita Capital VI 2021-1 Class B (SOFR + 3.124%), 01/08/2026 (f)(g)(h)(i)(j) (Cost: $1,617,464; Original Acquisition Date: 04/21/2023)		1,769,000		752,533
Vitality Re XI Limited 2020 Class B (T-Bill 3 Month + 1.800%), 01/09/2024 (f)(g)(h)(i) (Cost: $432,803; Original Acquisition Date: 04/21/2023)		435,000		433,434
Vitality Re XII 2021 Class A (T-Bill 3 Month + 2.250%), 01/07/2025 (f)(g)(h)(i) (Cost: $905,632; Original Acquisition Date: 04/21/2023)		920,000		913,330
Vitality Re XII 2021 Class B (T-Bill 3 Month + 2.750%), 01/07/2025 (f)(g)(h)(i) (Cost: $664,621; Original Acquisition Date: 09/21/2023)		677,000		664,035
Vitality Re XIII 2022 Class A (T-Bill 3 Month + 2.000%), 01/06/2026 (f)(g)(h)(i) (Cost: $493,572; Original Acquisition Date: 04/21/2023)		509,000		496,631
Vitality Re XIII 2022 Class B (T-Bill 3 Month + 2.750%), 01/06/2026 (f)(g)(h)(i) (Cost: $264,052; Original Acquisition Date: 09/27/2023)		273,000		263,595
				3,523,558
Multiperil - 6.9%
Aquila Re I 2023-1 Class B-1 (T-Bill 3 Month + 7.500%), 06/08/2026 (f)(g)(h)(i) (Cost: $844,000; Original Acquisition Date: 05/10/2023)		844,000		859,741
Aquila Re I 2023-1 Class C-1 (T-Bill 3 Month + 9.250%), 06/08/2026 (f)(g)(h)(i) (Cost: $1,404,349; Original Acquisition Date: 05/10/2023)		1,405,000		1,443,356
Baldwin Re 2021-1 Class A (T-Bill 3 Month + 2.250%), 07/07/2025 (f)(g)(h)(i) (Cost: $873,317; Original Acquisition Date: 09/05/2023)		889,000		873,487
Baldwin Re 2023-1 Class A (T-Bill 3 Month + 4.500%), 07/07/2027 (f)(g)(h)(i) (Cost: $446,000; Original Acquisition Date: 06/21/2023)		446,000		447,762
Bonanza Re 2020-1 Class A (T-Bill 3 Month + 4.870%), 02/20/2024 (f)(g)(h)(i) (Cost: $1,678,332; Original Acquisition Date: 04/21/2023)		1,773,000		1,693,126
Bonanza Re 2023-1 Class B (T-Bill 3 Month + 0.000%), 01/08/2024 (f)(g)(h)(i)(j) (Cost: $290,414; Original Acquisition Date: 04/21/2023)		305,000		114,375
Bowline Re 2022-1 Class A (T-Bill 3 Month + 6.350%), 05/23/2025 (f)(g)(h)(i) (Cost: $326,313; Original Acquisition Date: 04/21/2023)		348,000		347,269
Bowline Re 2022-1 Class B (T-Bill 3 Month + 16.180%), 05/23/2025 (f)(g)(h)(i) (Cost: $300,402; Original Acquisition Date: 04/21/2023)		319,000		329,830
Caelus Re 2020-1 Class B-1 (T-Bill 3 Month + 5.380%), 06/07/2024 (f)(g)(h)(i) (Cost: $453,642; Original Acquisition Date: 04/21/2023)		464,000		457,272
Easton Re 2020-1 Class A (T-Bill 3 Month + 4.530%), 01/08/2024 (f)(g)(h)(i) (Cost: $1,516,414; Original Acquisition Date: 04/21/2023)		1,525,000		1,522,636
Finca Re 2022-1 Class A (T-Bill 3 Month + 7.750%), 06/06/2025 (f)(g)(h)(i) (Cost: $395,057; Original Acquisition Date: 04/21/2023)		406,000		416,170
Four Lakes Re 2020-1 Class B (T-Bill 3 Month + 10.160%), 01/05/2024 (f)(g)(h)(i) (Cost: $422,908; Original Acquisition Date: 04/21/2023)		435,000		433,391
Four Lakes Re 2021-1 Class A (T-Bill 3 Month + 4.270%), 07/01/2025 (f)(g)(h)(i) (Cost: $383,009; Original Acquisition Date: 04/21/2023)		406,000		395,891
Galileo Re 2019-1 Class C (T-Bill 3 Month + 9.870%), 01/08/2024 (f)(g)(h)(i) (Cost: $343,319; Original Acquisition Date: 04/21/2023)		348,000		344,120
Herbie Re 2020-1 Class A (T-Bill 3 Month + 9.300%), 07/08/2024 (f)(g)(h)(i) (Cost: $763,352; Original Acquisition Date: 04/21/2023)		799,000		808,268
Herbie Re 2020-2 Class B (T-Bill 3 Month + 9.720%), 01/08/2025 (f)(g)(h)(i) (Cost: $438,011; Original Acquisition Date: 04/21/2023)		464,000		463,165

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

25

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 6.9% (continued)
Hypatia Ltd. 2023-1 Class A (T-Bill 3 Month + 9.500%), 04/08/2026 (f)(g)(h)(i) (Cost: $361,801; Original Acquisition Date: 04/21/2023)	$	362,000	$	374,290
Kilimanjaro III Re 2019-1 Class A-1 (T-Bill 3 Month + 16.660%), 12/19/2023 (f)(g)(h)(i) (Cost: $633,346; Original Acquisition Date: 04/21/2023)		715,710		608,353
Kilimanjaro III Re 2019-2 Class A-2 (T-Bill 3 Month + 16.660%), 12/19/2024 (f)(g)(h)(i) (Cost: $1,060,105; Original Acquisition Date: 04/21/2023)		1,599,821		1,359,848
Kilimanjaro III Re 2019-2 Class B-2 (T-Bill 3 Month + 9.910%), 12/19/2024 (f)(g)(h)(i) (Cost: $1,029,498; Original Acquisition Date: 04/21/2023)		1,072,000		1,077,253
Locke Tavern Re 2023-1 Class A (T-Bill 3 Month + 4.750%), 04/09/2026 (f)(g)(h)(i) (Cost: $1,214,361; Original Acquisition Date: 04/21/2023)		1,206,000		1,220,050
Long Point Re IV 2022-1 Class A (T-Bill 3 Month + 4.250%), 06/01/2026 (f)(g)(h)(i) (Cost: $5,627,533; Original Acquisition Date: 04/21/2023)		5,666,000		5,641,353
Merna Re II 2022-2 Class A (T-Bill 3 Month + 7.500%), 07/07/2025 (f)(g)(h)(i) (Cost: $757,713; Original Acquisition Date: 04/21/2023)		869,000		856,758
Merna Re II 2023-1 Class A (T-Bill 3 Month + 7.750%), 07/07/2026 (f)(g)(h)(i) (Cost: $1,034,120; Original Acquisition Date: 04/21/2023)		1,035,000		1,053,630
Merna Re II 2023-2 Class A (T-Bill 3 Month + 10.250%), 07/07/2026 (f)(g)(h)(i) (Cost: $1,703,415; Original Acquisition Date: 04/21/2023)		1,685,000		1,769,756
Mona Lisa Re 2021-1 Class A (T-Bill 3 Month + 7.000%), 07/08/2025 (f)(g)(h)(i) (Cost: $1,846,176; Original Acquisition Date: 04/21/2023)		2,005,000		1,989,862
Mountain Re 2023-1 Class A (T-Bill 3 Month + 6.750%), 06/05/2026 (f)(g)(h)(i) (Cost: $386,000; Original Acquisition Date: 05/24/2023)		386,000		390,207
Mystic Re IV 2021-1 Class A (T-Bill 3 Month + 9.750%), 01/08/2024 (f)(g)(h)(i) (Cost: $3,070,221; Original Acquisition Date: 04/21/2023)		3,105,000		3,087,612
Mystic Re IV 2021-2 Class A (T-Bill 3 Month + 6.130%), 01/08/2025 (f)(g)(h)(i) (Cost: $2,391,704; Original Acquisition Date: 04/21/2023)		2,555,000		2,480,394
Mystic Re IV 2023-1 Class A (T-Bill 3 Month + 9.250%), 01/08/2026 (f)(g)(h)(i) (Cost: $688,981; Original Acquisition Date: 04/21/2023)		687,000		706,751
Northshore Re II 2021-1 Class A (T-Bill 3 Month + 5.750%), 01/08/2024 (f)(g)(h)(i) (Cost: $864,219; Original Acquisition Date: 04/21/2023)		869,000		866,741
Residential Re 2020-II Class 4 (T-Bill 3 Month + 6.510%), 12/06/2024 (f)(g)(h)(i) (Cost: $553,760; Original Acquisition Date: 04/21/2023)		577,000		572,240
Residential Re 2021-I Class 11 (T-Bill 3 Month + 9.910%), 06/06/2025 (f)(g)(h)(i) (Cost: $1,308,382; Original Acquisition Date: 04/21/2023)		1,573,000		1,277,433
Residential Re 2021-I Class 12 (T-Bill 3 Month + 5.220%), 06/06/2025 (f)(g)(h)(i) (Cost: $952,043; Original Acquisition Date: 04/21/2023)		1,078,000		908,431
Residential Re 2021-I Class 13 (T-Bill 3 Month + 3.590%), 06/06/2025 (f)(g)(h)(i) (Cost: $629,369; Original Acquisition Date: 04/21/2023)		695,000		633,562
Residential Re 2021-I Class 14 (T-Bill 3 Month + 2.500%), 06/06/2025 (f)(g)(h)(i) (Cost: $835,142; Original Acquisition Date: 04/21/2023)		898,000		849,777
Residential Re 2022-I Class 11 (T-Bill 3 Month + 12.500%), 06/06/2026 (f)(g)(h)(i) (Cost: $333,969; Original Acquisition Date: 04/21/2023)		406,000		338,665
Residential Re 2022-I Class 12 (T-Bill 3 Month + 7.500%), 06/06/2026 (f)(g)(h)(i) (Cost: $491,554; Original Acquisition Date: 04/21/2023)		579,000		508,130
Residential Re 2022-I Class 13 (T-Bill 3 Month + 5.250%), 06/06/2026 (f)(g)(h)(i) (Cost: $1,667,152; Original Acquisition Date: 04/21/2023)		1,887,000		1,653,578
Residential Re 2022-I Class 14 (T-Bill 3 Month + 4.000%), 06/06/2026 (f)(g)(h)(i) (Cost: $2,173,805; Original Acquisition Date: 04/21/2023)		2,358,000		2,215,223
Residential Re 2023-I Class 13 (T-Bill 3 Month + 10.500%), 06/06/2027 (f)(g)(h)(i) (Cost: $2,221,326; Original Acquisition Date: 04/28/2023)		2,219,000		2,200,804
Residential Re 2023-I Class 14 (T-Bill 3 Month + 6.500%), 06/06/2027 (f)(g)(h)(i) (Cost: $3,632,499; Original Acquisition Date: 04/28/2023)		3,642,000		3,634,534
Riverfront Re 2021 Class A (T-Bill 3 Month + 4.240%), 01/07/2025 (f)(g)(h)(i) (Cost: $1,761,097; Original Acquisition Date: 04/21/2023)		1,848,000		1,797,088
Riverfront Re 2021 Class B (T-Bill 3 Month + 6.500%), 01/07/2025 (f)(g)(h)(i) (Cost: $290,334; Original Acquisition Date: 04/21/2023)		319,000		294,533
Sakura Re 2022-1 Class A (T-Bill 3 Month + 13.500%), 01/05/2026 (f)(g)(h)(i) (Cost: $678,322; Original Acquisition Date: 04/21/2023)		685,000		734,217

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

26

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Multiperil - 6.9% (continued)
Sanders Re II 2020-1 Class A (T-Bill 3 Month + 4.250%), 04/07/2024 (f)(g)(h)(i) (Cost: $2,020,880; Original Acquisition Date: 04/21/2023)	$	2,034,000	$	2,031,051
Sanders Re II 2021-1 Class A (T-Bill 3 Month + 3.250%), 04/07/2025 (f)(g)(h)(i) (Cost: $1,301,348; Original Acquisition Date: 04/21/2023)		1,352,000		1,293,188
Sanders Re II 2021-2 Class A (T-Bill 3 Month + 3.050%), 04/07/2025 (f)(g)(h)(i) (Cost: $702,718; Original Acquisition Date: 04/21/2023)		730,000		696,420
Sanders Re III 2022-1 Class A (T-Bill 3 Month + 3.500%), 04/07/2026 (f)(g)(h)(i) (Cost: $2,538,671; Original Acquisition Date: 04/21/2023)		2,675,000		2,540,448
Sanders Re III 2022-1 Class B (T-Bill 3 Month + 10.750%), 04/09/2029 (f)(g)(h)(i) (Cost: $734,940; Original Acquisition Date: 04/21/2023)		811,000		654,112
Sanders Re III 2022-2 Class A (T-Bill 3 Month + 6.500%), 06/07/2025 (f)(g)(h)(i) (Cost: $1,533,615; Original Acquisition Date: 04/21/2023)		1,612,000		1,637,308
Sanders Re III 2022-2 Class B (T-Bill 3 Month + 8.750%), 06/07/2025 (f)(g)(h)(i) (Cost: $733,411; Original Acquisition Date: 04/21/2023)		811,000		806,499
Sanders Re III 2022-3 Class A (T-Bill 3 Month + 6.250%), 04/07/2027 (f)(g)(h)(i) (Cost: $614,921; Original Acquisition Date: 04/21/2023)		604,000		613,030
Sanders Re III 2023-1 Class A (T-Bill 3 Month + 5.750%), 04/08/2030 (f)(g)(h)(i) (Cost: $416,435; Original Acquisition Date: 04/21/2023)		415,000		413,963
Sanders Re III 2023-1 Class B (T-Bill 3 Month + 15.500%), 04/08/2030 (f)(g)(h)(i) (Cost: $516,860; Original Acquisition Date: 04/21/2023)		518,000		456,669
Sanders Re III 2023-2 Class A (T-Bill 3 Month + 8.000%), 06/05/2029 (f)(g)(h)(i) (Cost: $2,568,539; Original Acquisition Date: 05/24/2023)		2,572,000		2,644,530
Solomon Re 2023-1 Class A (T-Bill 3 Month + 5.250%), 06/08/2026 (f)(g)(h)(i) (Cost: $402,000; Original Acquisition Date: 06/12/2023)		402,000		409,176
Sussex Capital UK PCC 2020-1 (T-Bill 3 Month + 8.380%), 01/08/2025 (f)(g)(h)(i) (Cost: $2,217,318; Original Acquisition Date: 04/21/2023)		2,358,000		2,311,547
Titania Re 2021-1 Class A (T-Bill 3 Month + 5.030%), 06/21/2024 (f)(g)(h)(i) (Cost: $949,593; Original Acquisition Date: 04/21/2023)		985,000		981,109
Titania Re 2021-2 Class A (T-Bill 3 Month + 6.500%), 12/27/2024 (f)(g)(h)(i) (Cost: $482,661; Original Acquisition Date: 04/21/2023)		521,000		506,516
Topanga Re 2021-1 Class A (T-Bill 3 Month + 4.990%), 01/08/2026 (f)(g)(h)(i) (Cost: $727,841; Original Acquisition Date: 04/21/2023)		811,000		737,726
Topanga Re 2021-1 Class B (T-Bill 3 Month + 16.800%), 01/08/2024 (f)(g)(h)(i) (Cost: $337,439; Original Acquisition Date: 04/21/2023)		348,000		250,560
Vista Re 2022-1 Class A (T-Bill 3 Month + 13.980%), 05/21/2025 (f)(g)(h)(i) (Cost: $501,744; Original Acquisition Date: 04/21/2023)		521,000		547,024
Yosemite Re 2022-1 Class A (T-Bill 3 Month + 9.978%), 06/06/2025 (f)(g)(h)(i) (Cost: $562,772; Original Acquisition Date: 04/21/2023)		579,000		592,028
				72,173,836
Windstorm - 8.0%
Alamo Re 2021-1 Class A (T-Bill 3 Month + 7.180%), 06/07/2024 (f)(g)(h)(i) (Cost: $5,737,690; Original Acquisition Date: 04/21/2023)		5,824,000		5,785,562
Alamo Re 2022-1 Class A (T-Bill 3 Month + 7.250%), 06/07/2025 (f)(g)(h)(i) (Cost: $1,665,007; Original Acquisition Date: 04/21/2023)		1,691,000		1,701,231
Alamo Re 2023-1 Class A (T-Bill 3 Month + 8.500%), 06/07/2026 (f)(g)(h)(i) (Cost: $5,586,838; Original Acquisition Date: 04/12/2023)		5,569,000		5,642,232
Astro Re 2021-1 Class A (T-Bill 3 Month + 8.000%), 07/08/2025 (f)(g)(h)(i)(j) (Cost: $332,043; Original Acquisition Date: 04/21/2023)		417,000		302,325
Bayou Re 2023-1 Class A (T-Bill 3 Month + 12.750%), 05/26/2026 (f)(g)(h)(i) (Cost: $585,000; Original Acquisition Date: 05/11/2023)		585,000		595,120
Bayou Re 2023-1 Class B (T-Bill 3 Month + 19.500%), 05/26/2026 (f)(g)(h)(i) (Cost: $1,363,746; Original Acquisition Date: 05/11/2023)		1,366,000		1,416,952
Bonanza Re 2022-2 Class A (T-Bill 3 Month + 5.750%), 03/16/2025 (f)(g)(h)(i) (Cost: $450,774; Original Acquisition Date: 04/21/2023)		521,000		443,371
Cape Lookout Re 2021-1 Class A (T-Bill 3 Month + 3.700%), 03/22/2024 (f)(g)(h)(i) (Cost: $2,514,926; Original Acquisition Date: 04/21/2023)		2,557,000		2,543,320

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

27

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Windstorm - 8.0% (continued)
Cape Lookout Re 2022-1 Class A (T-Bill 3 Month + 5.350%), 03/28/2025 (f)(g)(h)(i) (Cost: $3,929,169; Original Acquisition Date: 04/21/2023)	$	4,088,000	$	4,017,278
Cape Lookout Re 2023-1 Class A (T-Bill 3 Month + 6.500%), 04/28/2026 (f)(g)(h)(i) (Cost: $6,640,274; Original Acquisition Date: 04/14/2023)		6,630,000		6,767,904
Catahoula Re II 2022-1 Class A (T-Bill 3 Month + 10.250%), 06/16/2025 (f)(g)(h)(i) (Cost: $915,053; Original Acquisition Date: 04/21/2023)		985,000		980,863
Catahoula Re II 2022-1 Class B (T-Bill 3 Month + 13.240%), 06/16/2025 (f)(g)(h)(i) (Cost: $892,449; Original Acquisition Date: 04/21/2023)		927,000		945,494
Citrus Re 2022-1 Class A (T-Bill 3 Month + 5.100%), 06/07/2025 (f)(g)(h)(i) (Cost: $703,212; Original Acquisition Date: 04/21/2023)		724,000		722,733
Citrus Re 2023-1 Class A (T-Bill 3 Month + 6.750%), 06/07/2026 (f)(g)(h)(i) (Cost: $828,000; Original Acquisition Date: 04/27/2023)		828,000		843,111
Citrus Re 2023-1 Class B (T-Bill 3 Month + 9.000%), 06/07/2026 (f)(g)(h)(i) (Cost: $719,000; Original Acquisition Date: 04/27/2023)		719,000		726,657
Commonwealth Re 2023-1 Class A (T-Bill 3 Month + 4.000%), 07/08/2026 (f)(g)(h)(i) (Cost: $837,000; Original Acquisition Date: 06/07/2023)		837,000		848,592
Cosaint Re 2021-1 Class A (T-Bill 3 Month + 9.840%), 04/03/2024 (f)(g)(h)(i) (Cost: $685,550; Original Acquisition Date: 04/21/2023)		811,000		728,683
Everglades Re II 2021-1 Class A (T-Bill 3 Month + 5.660%), 05/14/2024 (f)(g)(h)(i) (Cost: $3,566,643; Original Acquisition Date: 04/21/2023)		3,734,000		3,722,798
Everglades Re II 2021-1 Class B (T-Bill 3 Month + 6.320%), 05/14/2024 (f)(g)(h)(i) (Cost: $4,609,618; Original Acquisition Date: 04/21/2023)		4,992,000		4,989,504
Everglades Re II 2021-2 Class A (T-Bill 3 Month + 5.900%), 05/14/2024 (f)(g)(h)(i) (Cost: $4,203,191; Original Acquisition Date: 04/21/2023)		4,403,000		4,310,317
Everglades Re II 2022-1 Class A (T-Bill 3 Month + 7.750%), 05/19/2025 (f)(g)(h)(i) (Cost: $2,411,454; Original Acquisition Date: 04/21/2023)		2,555,000		2,509,010
Everglades Re II 2023-1 Class A (T-Bill 3 Month + 0.000%), 01/16/2024 (f)(g)(h)(i) (Cost: $3,109,733; Original Acquisition Date: 05/18/2023)		3,237,000		3,139,081
Everglades Re II 2023-2 Class A (T-Bill 3 Month + 0.000%), 01/16/2024 (f)(g)(h)(i) (Cost: $4,685,747; Original Acquisition Date: 05/18/2023)		4,855,000		4,725,371
First Coast Re III 2021-1 Class A (T-Bill 3 Month + 6.000%), 04/07/2025 (f)(g)(h)(i) (Cost: $783,336; Original Acquisition Date: 04/21/2023)		834,000		812,233
Gateway Re 2022-1 Class A (T-Bill 3 Month + 8.580%), 05/12/2025 (f)(g)(h)(i) (Cost: $1,061,673; Original Acquisition Date: 04/21/2023)		1,101,000		1,101,110
Gateway Re 2023-1 Class A (T-Bill 3 Month + 13.000%), 02/24/2026 (f)(g)(h)(i) (Cost: $2,613,063; Original Acquisition Date: 04/21/2023)		2,560,000		2,704,512
Gateway Re 2023-1 Class B (T-Bill 3 Month + 20.000%), 02/24/2026 (f)(g)(h)(i) (Cost: $402,822; Original Acquisition Date: 04/21/2023)		408,000		426,034
Gateway Re 2023-3 Class A (T-Bill 3 Month + 10.000%), 06/30/2026 (f)(g)(h)(i) (Cost: $752,000; Original Acquisition Date: 07/14/2023)		752,000		772,454
Gateway Re II 2023-1 Class A (T-Bill 3 Month + 9.500%), 04/27/2026 (f)(g)(h)(i) (Cost: $1,099,941; Original Acquisition Date: 04/13/2023)		1,100,000		1,120,845
Hestia Re 2022-1 Class A (T-Bill 3 Month + 9.500%), 04/22/2025 (f)(g)(h)(i)(j) (Cost: $1,337,377; Original Acquisition Date: 04/21/2023)		1,573,000		1,399,970
Integrity Re 2020-1 Class A (3 Month Libor USD + 0.500%), 04/12/2028 (f)(g)(h)(i) (Cost: $536,862; Original Acquisition Date: 04/21/2023)		891,000		512,325
Integrity Re 2022-1 Class A (T-Bill 3 Month + 7.070%), 06/06/2025 (f)(g)(h)(i)(j) (Cost: $688,986; Original Acquisition Date: 04/21/2023)		782,000		727,221
Integrity Re 2023-1 Class A (T-Bill 3 Month + 12.000%), 06/06/2025 (f)(g)(h)(i) (Cost: $672,551; Original Acquisition Date: 04/21/2023)		674,000		702,342
Lightning Re 2023-1 Class A (T-Bill 3 Month + 11.000%), 03/31/2026 (f)(g)(h)(i) (Cost: $3,599,100; Original Acquisition Date: 04/21/2023)		3,524,000		3,693,857
Lower Ferry Re 2023-1 Class A (T-Bill 3 Month + 4.250%), 07/08/2026 (f)(g)(h)(i) (Cost: $586,000; Original Acquisition Date: 06/23/2023)		586,000		591,215
Lower Ferry Re 2023-1 Class B (T-Bill 3 Month + 5.000%), 07/08/2026 (f)(g)(h)(i) (Cost: $1,929,815; Original Acquisition Date: 06/23/2023)		1,930,000		1,947,080

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

28

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PRINCIPAL AMOUNT		VALUE
Windstorm - 8.0% (continued)
Matterhorn Re SR2022-2 Class C (SOFR + 9.025%), 06/07/2024 (f)(g)(h)(i) (Cost: $953,405; Original Acquisition Date: 04/21/2023)	$	945,000	$	959,648
Mayflower Re 2023-1 Class A (T-Bill 3 Month + 4.500%), 07/08/2026 (f)(g)(h)(i) (Cost: $1,075,000; Original Acquisition Date: 06/26/2023)		1,075,000		1,089,566
Mayflower Re 2023-1 Class B (T-Bill 3 Month + 5.750%), 07/08/2026 (f)(g)(h)(i) (Cost: $3,524,701; Original Acquisition Date: 06/26/2023)		3,525,000		3,595,148
Merna Re II 2021-2 Class A (T-Bill 3 Month + 5.500%), 07/08/2024 (f)(g)(h)(i) (Cost: $1,950,736; Original Acquisition Date: 04/21/2023)		2,122,000		2,086,971
Pelican IV Re 2021-1 Class A (T-Bill 3 Month + 0.500%), 05/07/2024 (f)(g)(h)(i)(j) (Cost: $1,605; Original Acquisition Date: 04/21/2023)		319,000		16
Pelican IV Re 2021-1 Class B (T-Bill 3 Month + 5.355%), 05/07/2024 (f)(g)(h)(i)(j) (Cost: $1,896; Original Acquisition Date: 04/21/2023)		377,000		19
Purple Re 2023-1 Class A (T-Bill 3 Month + 12.250%), 04/24/2030 (f)(g)(h)(i) (Cost: $931,907; Original Acquisition Date: 04/21/2023)		932,000		942,438
Purple Re 2023-2 Class A (T-Bill 3 Month + 10.000%), 06/05/2026 (f)(g)(h)(i) (Cost: $864,000; Original Acquisition Date: 06/27/2023)		864,000		872,467
				84,464,980
				234,638,038
TOTAL EVENT LINKED BONDS (Cost $280,923,017)				284,494,886
	SHARES		VALUE
INVESTMENT COMPANIES - 0.6%
Open-End Mutual Funds - 0.6%
Stone Ridge High Yield Reinsurance Risk Premium Fund - Class I (m)		719,796		6,614,922
TOTAL INVESTMENT COMPANIES (Cost $6,365,171)				6,614,922
	PRINCIPAL AMOUNT		VALUE
PARTICIPATION NOTES (e) - 3.9%
Global - 3.9%
Multiperil - 3.9%
Eden Re II 2021-1 Class B 03/21/2025 (f)(h)(i)(j)(n)(o) (Cost: $148,873; Original Acquisition Date: 04/21/2023)	$	259,870	$	105,143
Eden Re II 2022-1 Class A 03/20/2026 (f)(h)(i)(j)(n)(o) (Cost: $230,546; Original Acquisition Date: 04/21/2023)		359,544		240,514
Eden Re II 2022-1 Class B 03/20/2026 (f)(h)(i)(j)(n)(o) (Cost: $555,839; Original Acquisition Date: 04/21/2023)		819,805		570,021
Eden Re II 2023-1 Class B 03/19/2027 (f)(h)(i)(j)(n)(o) (Cost: $7,776,454; Original Acquisition Date: 04/21/2023)		7,358,000		8,493,191
Sector Re V Series 2022-Dec Class GL-R 12/01/2027 (f)(h)(j)(o) (Cost: $481,319; Original Acquisition Date: 04/21/2023)		454,000		563,275
Sector Re V Series 2023-Apr Class GL-N 03/01/2028 (f)(h)(j)(o) (Cost: $25,000,000; Original Acquisition Date: 04/25/2023)		25,000,000		30,423,000
Sector Re V Series 2023-Apr Class GL-R 03/01/2028 (f)(h)(j)(o) (Cost: $781,318; Original Acquisition Date: 07/07/2023)		756,000		919,992
TOTAL PARTICIPATION NOTES (Cost $34,974,349)				41,315,136
	SHARES
PREFERENCE SHARES (e) - 4.2%
Global - 4.2%
Multiperil - 4.2%
Longleaf (Artex Segregated Account Company) (f)(h)(j)(n)(o) (Cost: $35,082,000; Original Acquisition Date: 07/07/2023)		35,082		44,048,793
TOTAL PREFERENCE SHARES (Cost $35,082,000)				44,048,793

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

29

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

		NUMBER OF CONTRACTS		NOTIONAL AMOUNT		VALUE
PURCHASED OPTIONS - 0.8%
Put Options - 0.8%
S&P 500 Index, Expires: 11/03/23, Strike Price: $3,450.00			480	$	201,302,400	$	6,000
S&P 500 Index, Expires: 11/17/23, Strike Price: $3,200.00			330		138,395,400		17,325
S&P 500 Index, Expires: 11/17/23, Strike Price: $3,975.00			40		16,775,200		44,200
S&P 500 Index, Expires: 11/17/23, Strike Price: $4,000.00			80		33,550,400		106,800
S&P 500 Index, Expires: 12/29/23, Strike Price: $3,900.00			110		46,131,800		338,250
S&P 500 Index, Expires: 6/20/25, Strike Price: $3,400.00			15		6,290,700		165,075
S&P 500 Index, Expires: 6/20/25, Strike Price: $3,450.00			80		33,550,400		937,600
S&P 500 Index, Expires: 6/20/25, Strike Price: $3,500.00			193		80,940,340		2,407,675
S&P 500 Index, Expires: 6/20/25, Strike Price: $3,550.00			85		35,647,300		1,127,525
S&P 500 Index, Expires: 12/19/25, Strike Price: $3,500.00			90		37,744,200		1,366,650
Crude Oil Future, Expires: 11/15/23, Strike Price: $79.50			25		2,125,500		45,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $80.00			20		1,700,400		40,800
Crude Oil Future, Expires: 11/15/23, Strike Price: $80.50			25		2,125,500		56,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $81.00			20		1,700,400		50,400
Crude Oil Future, Expires: 11/15/23, Strike Price: $81.50			25		2,125,500		69,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $82.00			20		1,700,400		61,600
Crude Oil Future, Expires: 11/15/23, Strike Price: $82.50			25		2,125,500		84,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $83.00			20		1,700,400		74,200
Crude Oil Future, Expires: 11/15/23, Strike Price: $83.50			25		2,125,500		101,250
Crude Oil Future, Expires: 11/15/23, Strike Price: $84.00			20		1,700,400		88,200
Crude Oil Future, Expires: 11/15/23, Strike Price: $84.50			25		2,125,500		119,500
Crude Oil Future, Expires: 11/15/23, Strike Price: $85.00			20		1,700,400		103,200
Crude Oil Future, Expires: 11/15/23, Strike Price: $85.50			25		2,125,500		138,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $86.00			20		1,700,400		119,000
Crude Oil Future, Expires: 11/15/23, Strike Price: $86.50			25		2,125,500		159,250
Crude Oil Future, Expires: 11/15/23, Strike Price: $87.00			20		1,700,400		135,800
							7,966,050
		COUNTERPARTY
OTC Put Options (l) - 0.0%
AUD/JPY, Expires: 11/13/23, Strike Price: $87.50			Barclays Bank PLC		130,000,000		3,515
AUD/JPY, Expires: 1/24/24, Strike Price: $87.75			Morgan Stanley Capital Services LLC		100,000,000		234,538
							238,053
TOTAL PUT OPTIONS (Cost $8,268,850)							8,204,103
		NUMBER OF CONTRACTS
Call Options (l) - 0.0%
Crude Oil Future, Expires: 11/15/23, Strike Price: $87.50			25		2,125,500		18,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $88.00			20		1,700,400		13,800
Crude Oil Future, Expires: 11/15/23, Strike Price: $88.50			25		2,125,500		15,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $89.00	��		20		1,700,400		11,600
Crude Oil Future, Expires: 11/15/23, Strike Price: $89.50			25		2,125,500		13,500
Crude Oil Future, Expires: 11/15/23, Strike Price: $90.00			20		1,700,400		10,000
Crude Oil Future, Expires: 11/15/23, Strike Price: $90.50			25		2,125,500		11,500
Crude Oil Future, Expires: 11/15/23, Strike Price: $91.00			20		1,700,400		8,600
Crude Oil Future, Expires: 11/15/23, Strike Price: $91.50			25		2,125,500		10,000
Crude Oil Future, Expires: 11/15/23, Strike Price: $92.00			20		1,700,400		7,400
Crude Oil Future, Expires: 11/15/23, Strike Price: $92.50			25		2,125,500		8,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $93.00			20		1,700,400		6,600
Crude Oil Future, Expires: 11/15/23, Strike Price: $93.50			25		2,125,500		7,750
Crude Oil Future, Expires: 11/15/23, Strike Price: $94.00			20		1,700,400		5,800

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

30

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		VALUE
Call Options (l) - 0.0% (continued)
Crude Oil Future, Expires: 11/15/23, Strike Price: $94.50		25	$	2,125,500	$	7,000
Crude Oil Future, Expires: 11/15/23, Strike Price: $95.00		20		1,700,400		5,200
Crude Oil Future, Expires: 11/15/23, Strike Price: $95.50		25		2,125,500		6,250
Crude Oil Future, Expires: 11/15/23, Strike Price: $96.00		20		1,700,400		4,800
Crude Oil Future, Expires: 11/15/23, Strike Price: $96.50		25		2,125,500		5,750
Natural Gas Future, Expires: 12/26/23, Strike Price: $6.30		100		3,580,000		59,300
Natural Gas Future, Expires: 12/26/23, Strike Price: $6.45		100		3,580,000		54,600
Natural Gas Future, Expires: 12/26/23, Strike Price: $6.50		100		3,580,000		53,100
Natural Gas Future, Expires: 12/26/23, Strike Price: $6.55		100		3,580,000		51,700
TOTAL CALL OPTIONS (Cost $1,331,334)						397,500
TOTAL PURCHASED OPTIONS (Cost $9,600,184)						8,601,603
			SHARES		VALUE
SHORT-TERM INVESTMENTS - 50.3%
Money Market Funds - 5.8%
First American Government Obligations Fund - Class X 5.27% (p)				30,360,305		30,360,305
Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class 5.25% (p)				30,360,305		30,360,305
						60,720,610
			PRINCIPAL AMOUNT		VALUE
U.S. Treasury Bills - 44.5%
4.779% 11/2/2023 (k)(q)			$	1,000,000	$	999,854
4.704%, 11/30/2023 (k)(q)				1,750,000		1,742,558
4.728%, 12/28/2023 (k)(q)				2,000,000		1,983,177
5.052%, 1/25/2024 (k)(q)				3,000,000		2,962,404
4.904%, 2/22/2024 (k)(q)				5,000,000		4,916,643
2.596%, 3/21/2024 (k)(q)				19,500,000		19,093,812
4.761%, 4/18/2024 (k)(q)				25,500,000		24,863,431
3.949%, 5/16/2024 (k)(q)				180,000,000		174,833,429
5.309% 6/13/2024 (k)(q)				94,000,000		90,958,218
5.435% 7/11/2024 (k)(q)				16,000,000		15,420,536
5.406%, 8/8/2024 (k)(q)				42,000,000		40,298,955
5.505%, 9/5/2024 (k)(q)				44,000,000		42,043,687
5.461% 10/3/2024 (k)(q)				50,000,000		47,578,983
						467,695,687
TOTAL SHORT-TERM INVESTMENTS (Cost $529,084,302)						528,416,297

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
WHOLE LOANS - 4.5%
Consumer Loans - 4.5%
United States - 4.5%
185102286.SRDLC, 8.99%, 02/16/2025 (a)(r)	Lending Club		02/11/2022	$	4,078	$	4,078	$	3,995
185222071.SRDLC, 14.19%, 02/09/2025 (a)(o)(r)	Lending Club		02/11/2022		1,569		1,569		145
185240121.SRDLC, 14.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		13,996		13,996		13,874
185241731.SRDLC, 18.49%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		9,906		9,906		9,861
185262054.SRDLC, 8.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		11,465		11,465		11,246
185262514.SRDLC, 27.99%, 02/23/2025 (a)(r)	Lending Club		02/16/2022		3,905		3,905		3,935
185340369.SRDLC, 21.49%, 07/18/2027 (a)(o)(r)	Lending Club		02/23/2022		10,342		10,342		2,119
185362448.SRDLC, 20.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		3,131		3,131		3,091
185434476.SRDLC, 9.59%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		7,199		7,199		7,088

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

31

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION��DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
185456190.SRDLC, 12.49%, 02/08/2025 (a)(r)	Lending Club		02/16/2022	$	6,835	$	6,835	$	6,724
185513199.SRDLC, 28.99%, 02/24/2027 (a)(r)	Lending Club		02/28/2022		2,904		2,904		2,987
185537602.SRDLC, 11.49%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		29,112		29,112		28,442
185539968.SRDLC, 23.99%, 11/23/2027 (a)(o)(r)	Lending Club		02/16/2022		5,356		5,356		5,262
185575065.SRDLC, 24.99%, 02/25/2027 (a)(o)(r)	Lending Club		03/01/2022		11,233		11,233		1,466
185623354.SRDLC, 9.24%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		15,317		15,317		15,083
185642943.SRDLC, 14.71%, 02/09/2025 (a)(o)(r)	Lending Club		02/11/2022		3,332		3,332		—
185661524.SRDLC, 5.99%, 02/29/2024 (a)(r)	Lending Club		02/18/2022		1,772		1,772		1,764
185668066.SRDLC, 5.99%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		14,002		14,002		13,796
185670728.SRDLC, 7.49%, 03/14/2025 (a)(o)(r)	Lending Club		02/16/2022		4,315		4,315		2,919
185670829.SRDLC, 12.49%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		3,925		3,925		3,835
185710985.SRDLC, 9.49%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		10,333		10,333		10,112
185716280.SRDLC, 7.49%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		5,666		5,666		5,584
185741639.SRDLC, 17.94%, 02/13/2025 (a)(o)(r)	Lending Club		02/15/2022		5,400		5,400		2,430
185754712.SRDLC, 7.74%, 02/10/2025 (a)(r)	Lending Club		02/14/2022		5,677		5,677		5,589
185780292.SRDLC, 21.49%, 02/10/2027 (a)(r)	Lending Club		02/14/2022		13,964		13,964		13,897
185783823.SRDLC, 11.19%, 02/28/2027 (a)(r)	Lending Club		02/24/2022		7,295		7,295		7,097
185790106.SRDLC, 18.99%, 02/24/2025 (a)(r)	Lending Club		02/15/2022		18,296		18,296		18,318
185805124.SRDLC, 12.49%, 02/21/2025 (a)(r)	Lending Club		02/17/2022		14,761		14,761		14,518
185807144.SRDLC, 15.99%, 02/09/2027 (a)(o)(r)	Lending Club		02/11/2022		30,568		30,568		8,953
185808493.SRDLC, 8.99%, 02/28/2027 (a)(r)	Lending Club		02/23/2022		9,695		9,695		9,479
185816655.SRDLC, 8.74%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		4,543		4,543		4,467
185816728.SRDLC, 10.99%, 02/28/2025 (a)(r)	Lending Club		02/24/2022		8,717		8,717		8,495
185818512.SRDLC, 12.74%, 02/15/2027 (a)(r)	Lending Club		03/02/2022		29,154		29,154		28,472
185821978.SRDLC, 6.49%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		9,370		9,370		9,235
185836040.SRDLC, 4.99%, 02/20/2025 (a)(r)	Lending Club		02/15/2022		11,142		11,142		10,974
185865725.SRDLC, 11.49%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		5,846		5,846		5,703
185866588.SRDLC, 20.44%, 02/28/2027 (a)(r)	Lending Club		02/16/2022		18,677		18,677		17,485
185884862.SRDLC, 30.49%, 06/22/2025 (a)(o)(r)	Lending Club		02/24/2022		3,723		3,723		501
185885230.SRDLC, 17.19%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		11,337		11,337		11,005
185890987.SRDLC, 16.49%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		7,355		7,355		990
185919562.SRDLC, 18.19%, 03/04/2025 (a)(o)(r)	Lending Club		03/08/2022		8,221		8,221		1,106
185924532.SRDLC, 8.99%, 02/17/2027 (a)(r)	Lending Club		02/22/2022		27,914		27,914		27,324
185930253.SRDLC, 7.09%, 02/24/2027 (a)(r)	Lending Club		02/28/2022		11,281		11,281		10,990
185941933.SRDLC, 5.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		7,466		7,466		7,359
185947404.SRDLC, 16.74%, 02/15/2027 (a)(o)(r)	Lending Club		02/17/2022		26,581		26,581		25,783
185970566.SRDLC, 5.09%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		1,274		1,274		1,256
185983273.SRDLC, 5.09%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		8,571		8,571		8,448
185994538.SRDLC, 10.09%, 02/15/2025 (a)(r)	Lending Club		02/15/2022		19,296		19,296		18,989
185995458.SRDLC, 8.99%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		10,725		10,725		10,494
186002006.SRDLC, 5.94%, 03/25/2025 (a)(r)	Lending Club		02/18/2022		5,345		5,345		5,262
186004968.SRDLC, 6.59%, 02/28/2025 (a)(o)(r)	Lending Club		03/02/2022		7,503		7,503		1,010
186008277.SRDLC, 17.94%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		27,082		27,082		3,645
186008308.SRDLC, 11.24%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		5,832		5,832		5,702
186008372.SRDLC, 7.24%, 03/07/2025 (a)(r)	Lending Club		03/04/2022		4,802		4,802		4,727
186016502.SRDLC, 14.19%, 04/19/2027 (a)(r)	Lending Club		03/08/2022		18,309		18,309		17,673
186019656.SRDLC, 23.99%, 02/11/2025 (a)(o)(r)	Lending Club		02/15/2022		3,218		3,218		3,164
186019990.SRDLC, 8.24%, 02/15/2025 (a)(r)	Lending Club		02/17/2022		7,124		7,124		6,988
186020936.SRDLC, 7.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		1,422		1,422		1,395
186023728.SRDLC, 5.99%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		3,733		3,733		3,680
186024590.SRDLC, 6.59%, 02/09/2027 (a)(r)	Lending Club		02/11/2022		10,537		10,537		10,273
186025925.SRDLC, 14.19%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		11,336		11,336		10,942
186029660.SRDLC, 6.59%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		20,371		20,371		19,862
186031815.SRDLC, 11.99%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		5,866		5,866		5,729
186035989.SRDLC, 6.49%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		3,373		3,373		3,325
186036790.SRDLC, 7.44%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		24,742		24,742		24,100
186038132.SRDLC, 24.99%, 03/03/2027 (a)(r)	Lending Club		03/01/2022		15,383		15,383		14,734

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

32

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186038736.SRDLC, 10.49%, 02/25/2025 (a)(r)	Lending Club		02/24/2022	$	4,840	$	4,840	$	4,727
186041625.SRDLC, 17.99%, 03/19/2025 (a)(r)	Lending Club		03/09/2022		16,984		17,205		2,421
186050704.SRDLC, 13.04%, 02/09/2025 (a)(o)(r)	Lending Club		02/11/2022		2,083		2,083		896
186052715.SRDLC, 10.24%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		14,346		14,346		14,044
186058758.SRDLC, 5.09%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		10,193		10,193		9,992
186058908.SRDLC, 17.69%, 02/14/2025 (a)(o)(r)	Lending Club		02/16/2022		2,668		2,668		443
186060302.SRDLC, 5.99%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		11,666		11,666		11,499
186061425.SRDLC, 6.59%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		9,377		9,377		9,194
186063741.SRDLC, 20.49%, 07/04/2025 (a)(r)	Lending Club		03/08/2022		9,853		9,977		9,602
186063949.SRDLC, 4.99%, 02/10/2025 (a)(o)(r)	Lending Club		02/14/2022		2,490		2,490		335
186064509.SRDLC, 5.59%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		1,628		1,628		1,596
186068704.SRDLC, 8.49%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		16,049		16,049		15,801
186070979.SRDLC, 7.24%, 02/10/2025 (a)(r)	Lending Club		02/14/2022		2,356		2,356		2,323
186075189.SRDLC, 28.99%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		8,081		8,081		8,263
186078991.SRDLC, 13.74%, 03/28/2027 (a)(r)	Lending Club		02/14/2022		7,186		7,186		7,039
186080289.SRDLC, 6.49%, 02/10/2025 (a)(r)	Lending Club		02/14/2022		3,279		3,279		3,233
186083977.SRDLC, 10.24%, 02/10/2027 (a)(o)(r)	Lending Club		02/14/2022		6,315		6,315		1,851
186084237.SRDLC, 5.99%, 02/16/2025 (a)(r)	Lending Club		02/14/2022		7,484		7,484		7,372
186084600.SRDLC, 7.59%, 02/15/2027 (a)(o)(r)	Lending Club		02/11/2022		29,281		29,281		5,654
186086541.SRDLC, 24.99%, 02/11/2027 (a)(o)(r)	Lending Club		02/15/2022		6,947		6,947		6,674
186087410.SRDLC, 11.99%, 02/09/2025 (a)(r)	Lending Club		02/11/2022		5,938		5,938		5,793
186089886.SRDLC, 16.94%, 02/09/2027 (a)(r)	Lending Club		02/11/2022		13,631		13,631		13,134
186092349.SRDLC, 15.99%, 02/14/2027 (a)(r)	Lending Club		02/11/2022		14,821		14,821		14,403
186094747.SRDLC, 10.59%, 02/24/2025 (a)(r)	Lending Club		02/22/2022		11,180		11,180		10,915
186094950.SRDLC, 6.99%, 02/16/2025 (a)(r)	Lending Club		02/18/2022		3,880		3,880		3,825
186096639.SRDLC, 7.59%, 02/10/2027 (a)(r)	Lending Club		02/14/2022		27,601		27,601		26,884
186098721.SRDLC, 12.24%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		23,740		23,740		22,952
186100035.SRDLC, 16.99%, 02/18/2025 (a)(o)(r)	Lending Club		02/14/2022		3,151		3,151		424
186106421.SRDLC, 5.99%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		8,399		8,399		8,278
186106808.SRDLC, 23.49%, 02/10/2027 (a)(r)	Lending Club		02/14/2022		5,493		5,493		5,484
186107208.SRDLC, 18.49%, 02/16/2027 (a)(r)	Lending Club		02/14/2022		10,707		10,707		10,647
186110286.SRDLC, 9.24%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		2,632		2,632		2,583
186115028.SRDLC, 22.99%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		2,950		2,985		2,939
186116099.SRDLC, 18.19%, 02/10/2027 (a)(r)	Lending Club		02/14/2022		6,084		6,084		5,913
186118888.SRDLC, 29.49%, 03/09/2027 (a)(r)	Lending Club		03/04/2022		12,436		12,436		12,595
186118898.SRDLC, 10.59%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		9,673		9,673		9,454
186119250.SRDLC, 16.19%, 06/28/2025 (a)(o)(r)	Lending Club		02/23/2022		3,796		3,796		3,704
186120139.SRDLC, 12.74%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		2,704		2,704		2,661
186120864.SRDLC, 23.49%, 03/20/2027 (a)(r)	Lending Club		03/15/2022		14,892		14,892		14,838
186122704.SRDLC, 14.49%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		3,847		3,847		3,812
186124468.SRDLC, 9.34%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		9,319		9,319		9,120
186126018.SRDLC, 19.99%, 02/24/2027 (a)(r)	Lending Club		02/28/2022		6,786		6,786		6,771
186127839.SRDLC, 15.19%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		4,851		4,851		4,706
186130342.SRDLC, 5.99%, 02/24/2025 (a)(r)	Lending Club		02/15/2022		16,865		16,865		16,612
186131293.SRDLC, 15.19%, 02/26/2027 (a)(o)(r)	Lending Club		02/15/2022		10,754		10,754		10,383
186133242.SRDLC, 9.34%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		2,883		2,883		2,825
186133493.SRDLC, 14.49%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		8,964		8,964		8,883
186134601.SRDLC, 6.59%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		2,321		2,321		2,276
186135609.SRDLC, 10.49%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		4,833		4,833		4,721
186135953.SRDLC, 19.99%, 02/24/2027 (a)(r)	Lending Club		02/15/2022		6,231		6,231		5,969
186136661.SRDLC, 6.49%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		4,215		4,215		4,155
186137516.SRDLC, 23.49%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		19,621		19,621		19,550
186137950.SRDLC, 4.99%, 02/28/2027 (a)(r)	Lending Club		02/16/2022		19,493		19,493		18,980
186139201.SRDLC, 15.99%, 02/14/2025 (a)(r)	Lending Club		02/15/2022		5,045		5,045		4,990
186139447.SRDLC, 20.44%, 08/25/2027 (a)(r)	Lending Club		02/16/2022		31,324		31,324		28,997
186143484.SRDLC, 18.44%, 03/12/2025 (a)(r)	Lending Club		03/09/2022		2,443		2,443		2,426
186144111.SRDLC, 12.34%, 02/23/2025 (a)(r)	Lending Club		02/15/2022		4,944		4,944		4,829

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

33

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186144333.SRDLC, 6.59%, 02/16/2027 (a)(r)	Lending Club		02/15/2022	$	10,223	$	10,223	$	9,957
186147186.SRDLC, 18.49%, 02/16/2027 (a)(r)	Lending Club		02/15/2022		4,592		4,592		4,563
186149504.SRDLC, 30.99%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		16,322		16,322		16,698
186152098.SRDLC, 22.99%, 02/15/2025 (a)(o)(r)	Lending Club		02/15/2022		5,605		5,605		5,496
186152237.SRDLC, 18.49%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		10,667		10,667		10,619
186154920.SRDLC, 4.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		8,796		8,795		8,669
186156292.SRDLC, 14.49%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		11,884		11,884		11,543
186156482.SRDLC, 24.99%, 02/11/2027 (a)(r)	Lending Club		02/15/2022		15,825		15,825		15,207
186158244.SRDLC, 22.99%, 02/11/2025 (a)(r)	Lending Club		02/15/2022		1,587		1,587		1,566
186160074.SRDLC, 16.94%, 02/25/2027 (a)(o)(r)	Lending Club		03/01/2022		7,041		7,041		—
186161317.SRDLC, 23.19%, 03/02/2027 (a)(r)	Lending Club		03/04/2022		15,926		15,926		15,798
186161926.SRDLC, 9.84%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		9,513		9,513		9,367
186163058.SRDLC, 20.44%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		4,627		4,627		4,303
186163232.SRDLC, 8.99%, 03/06/2025 (a)(o)(r)	Lending Club		02/16/2022		5,099		5,099		5,009
186164619.SRDLC, 9.84%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		15,866		15,866		15,621
186165363.SRDLC, 7.59%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		7,077		7,077		6,894
186165439.SRDLC, 8.74%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		10,482		10,482		10,319
186168326.SRDLC, 14.01%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		7,113		7,113		6,912
186169655.SRDLC, 7.24%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		1,991		1,991		1,969
186170688.SRDLC, 9.49%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		14,352		14,352		14,044
186173853.SRDLC, 5.99%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		18,665		18,665		18,398
186176306.SRDLC, 9.24%, 02/25/2025 (a)(r)	Lending Club		02/16/2022		9,636		9,636		9,445
186176757.SRDLC, 9.09%, 02/05/2025 (a)(r)	Lending Club		02/16/2022		1,586		1,586		1,570
186177952.SRDLC, 9.34%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		16,766		16,766		16,445
186178681.SRDLC, 22.99%, 02/19/2025 (a)(r)	Lending Club		02/16/2022		3,189		3,189		3,142
186180834.SRDLC, 9.09%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		1,558		1,558		1,535
186183710.SRDLC, 6.49%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		4,896		4,896		4,826
186187343.SRDLC, 9.34%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		4,307		4,307		4,226
186188347.SRDLC, 15.24%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		6,718		6,718		6,527
186192404.SRDLC, 11.49%, 03/01/2025 (a)(r)	Lending Club		02/24/2022		1,140		1,140		1,120
186193863.SRDLC, 21.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		4,306		4,335		4,253
186193980.SRDLC, 6.74%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		7,041		7,041		6,941
186194306.SRDLC, 6.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		8,466		8,466		8,346
186198172.SRDLC, 8.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		17,437		17,437		17,103
186199812.SRDLC, 16.44%, 06/14/2025 (a)(o)(r)	Lending Club		02/16/2022		4,542		4,542		611
186200044.SRDLC, 20.99%, 02/14/2027 (a)(o)(r)	Lending Club		02/16/2022		33,761		33,761		4,544
186203190.SRDLC, 29.99%, 02/24/2027 (a)(o)(r)	Lending Club		02/28/2022		15,159		15,159		15,551
186203478.SRDLC, 6.00%, 02/10/2025 (a)(r)	Lending Club		02/16/2022		2,721		2,721		2,684
186205905.SRDLC, 8.59%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		9,981		9,981		9,765
186207781.SRDLC, 9.49%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		17,940		17,940		17,555
186208596.SRDLC, 4.99%, 02/16/2027 (a)(r)	Lending Club		02/16/2022		22,215		22,215		21,640
186208796.SRDLC, 11.84%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		4,528		4,528		4,427
186211572.SRDLC, 14.99%, 02/28/2027 (a)(r)	Lending Club		02/16/2022		3,761		3,761		3,655
186212884.SRDLC, 9.99%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		8,642		8,642		8,459
186219997.SRDLC, 6.99%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		21,136		21,136		20,610
186222490.SRDLC, 17.19%, 02/16/2027 (a)(r)	Lending Club		02/18/2022		30,233		30,233		29,393
186223918.SRDLC, 7.59%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		12,739		12,739		12,408
186226030.SRDLC, 23.49%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		7,850		7,850		7,825
186227457.SRDLC, 12.49%, 02/28/2025 (a)(r)	Lending Club		02/16/2022		1,844		1,844		1,819
186227792.SRDLC, 14.19%, 03/02/2025 (a)(r)	Lending Club		03/04/2022		10,499		10,499		10,309
186228314.SRDLC, 12.49%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		7,360		7,360		7,246
186229168.SRDLC, 12.19%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		4,895		4,895		4,783
186230040.SRDLC, 8.24%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		760		760		745
186230332.SRDLC, 15.44%, 06/23/2025 (a)(o)(r)	Lending Club		02/25/2022		6,336		6,336		6,217
186230437.SRDLC, 13.24%, 02/10/2025 (a)(r)	Lending Club		02/16/2022		5,416		5,416		5,333
186231687.SRDLC, 4.99%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		11,104		11,103		10,817
186232036.SRDLC, 10.99%, 02/15/2025 (a)(r)	Lending Club		02/17/2022		5,821		5,821		5,688

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

34

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186232907.SRDLC, 5.09%, 02/14/2025 (a)(r)	Lending Club		02/16/2022	$	5,096	$	5,096	$	5,023
186233955.SRDLC, 6.49%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		4,685		4,685		4,618
186235024.SRDLC, 5.99%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		2,333		2,333		2,300
186237910.SRDLC, 23.49%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		15,691		15,691		15,679
186239039.SRDLC, 5.09%, 02/14/2025 (a)(r)	Lending Club		02/16/2022		6,024		6,024		5,935
186240458.SRDLC, 17.24%, 02/14/2027 (a)(r)	Lending Club		02/16/2022		17,512		17,512		16,957
186240797.SRDLC, 13.49%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		10,817		10,817		10,571
186243926.SRDLC, 5.09%, 02/15/2025 (a)(r)	Lending Club		02/17/2022		10,193		10,193		10,046
186253758.SRDLC, 10.49%, 02/16/2025 (a)(r)	Lending Club		02/18/2022		17,398		17,398		16,999
186254716.SRDLC, 9.59%, 02/15/2025 (a)(r)	Lending Club		02/17/2022		7,201		7,201		7,085
186255930.SRDLC, 21.49%, 02/18/2025 (a)(o)(r)	Lending Club		02/23/2022		10,174		10,174		1,369
186261645.SRDLC, 9.84%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		5,598		5,598		5,486
186262246.SRDLC, 23.99%, 10/28/2027 (a)(o)(r)	Lending Club		02/22/2022		26,266		26,266		25,839
186263527.SRDLC, 15.94%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		25,494		25,494		24,621
186263569.SRDLC, 10.54%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		12,312		12,312		1,657
186263958.SRDLC, 12.99%, 02/14/2025 (a)(r)	Lending Club		02/28/2022		4,886		4,886		4,775
186264830.SRDLC, 9.34%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		15,770		15,770		15,434
186266713.SRDLC, 8.99%, 02/16/2027 (a)(r)	Lending Club		02/18/2022		17,160		17,160		16,791
186266842.SRDLC, 10.49%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		1,450		1,450		1,417
186269763.SRDLC, 10.24%, 02/16/2027 (a)(r)	Lending Club		02/18/2022		8,657		8,657		8,474
186271797.SRDLC, 9.24%, 02/20/2025 (a)(r)	Lending Club		02/18/2022		13,546		13,546		13,297
186271799.SRDLC, 20.49%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		16,976		16,976		16,873
186272685.SRDLC, 8.99%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		8,888		8,888		8,695
186273429.SRDLC, 9.34%, 02/01/2025 (a)(r)	Lending Club		02/18/2022		5,224		5,224		5,123
186280147.SRDLC, 20.99%, 02/15/2027 (a)(r)	Lending Club		02/17/2022		12,978		12,978		12,925
186283677.SRDLC, 5.99%, 02/05/2025 (a)(r)	Lending Club		02/18/2022		18,585		18,585		18,325
186285554.SRDLC, 8.99%, 03/17/2025 (a)(r)	Lending Club		03/11/2022		10,160		10,160		9,937
186288822.SRDLC, 8.99%, 02/17/2025 (a)(o)(r)	Lending Club		02/22/2022		298		298		297
186290975.SRDLC, 16.49%, 02/18/2027 (a)(r)	Lending Club		02/23/2022		4,515		4,515		4,391
186291079.SRDLC, 28.99%, 02/25/2027 (a)(o)(r)	Lending Club		03/01/2022		13,422		13,422		13,728
186295500.SRDLC, 14.69%, 02/28/2027 (a)(r)	Lending Club		02/23/2022		20,204		20,204		19,558
186296041.SRDLC, 7.59%, 02/17/2027 (a)(r)	Lending Club		02/22/2022		8,121		8,121		7,912
186296227.SRDLC, 23.99%, 02/16/2027 (a)(r)	Lending Club		02/18/2022		19,673		19,673		19,672
186297344.SRDLC, 9.24%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		766		766		751
186298102.SRDLC, 28.99%, 03/16/2025 (a)(o)(r)	Lending Club		03/18/2022		2,781		2,817		404
186301354.SRDLC, 12.12%, 02/17/2027 (a)(r)	Lending Club		02/22/2022		29,240		29,240		28,567
186305524.SRDLC, 7.09%, 02/18/2027 (a)(o)(r)	Lending Club		02/23/2022		11,042		11,042		2,017
186305780.SRDLC, 5.99%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		7,466		7,466		7,358
186306461.SRDLC, 5.99%, 02/16/2025 (a)(r)	Lending Club		02/18/2022		3,360		3,360		3,311
186308416.SRDLC, 12.49%, 02/18/2025 (a)(r)	Lending Club		02/18/2022		2,357		2,357		2,318
186310528.SRDLC, 24.99%, 02/18/2027 (a)(r)	Lending Club		02/23/2022		18,990		18,990		18,297
186311139.SRDLC, 18.44%, 02/16/2025 (a)(r)	Lending Club		02/18/2022		20,499		20,499		20,538
186314151.SRDLC, 5.99%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		9,799		9,799		9,610
186314710.SRDLC, 28.99%, 02/16/2027 (a)(r)	Lending Club		02/18/2022		9,697		9,697		9,930
186314998.SRDLC, 10.49%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		19,331		19,331		18,896
186316064.SRDLC, 23.99%, 03/02/2027 (a)(r)	Lending Club		03/04/2022		9,596		9,596		9,518
186318619.SRDLC, 15.99%, 02/28/2027 (a)(r)	Lending Club		02/23/2022		4,430		4,430		4,391
186323534.SRDLC, 5.99%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		9,333		9,333		9,199
186329289.SRDLC, 7.09%, 02/17/2025 (a)(r)	Lending Club		02/22/2022		2,824		2,824		2,777
186330289.SRDLC, 30.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		12,418		12,548		12,368
186330393.SRDLC, 9.34%, 02/05/2025 (a)(r)	Lending Club		02/23/2022		9,502		9,502		9,324
186330563.SRDLC, 9.84%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		21,582		21,582		21,076
186333355.SRDLC, 12.99%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		7,353		7,353		7,187
186335388.SRDLC, 22.99%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		2,657		2,657		2,621
186338039.SRDLC, 9.99%, 03/15/2025 (a)(r)	Lending Club		03/10/2022		6,754		6,754		6,576
186338182.SRDLC, 26.49%, 02/24/2025 (a)(o)(r)	Lending Club		02/28/2022		6,955		6,955		936
186340276.SRDLC, 16.99%, 03/09/2027 (a)(o)(r)	Lending Club		03/11/2022		7,513		7,513		2,239

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

35

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186341316.SRDLC, 9.74%, 02/17/2027 (a)(r)	Lending Club		02/22/2022	$	14,378	$	14,378	$	14,073
186342803.SRDLC, 18.44%, 02/18/2025 (a)(o)(r)	Lending Club		02/23/2022		5,420		5,420		5,400
186344749.SRDLC, 23.99%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		3,196		3,196		3,167
186345496.SRDLC, 18.19%, 02/22/2027 (a)(o)(r)	Lending Club		02/24/2022		26,625		26,625		25,877
186350286.SRDLC, 7.49%, 02/18/2025 (a)(o)(r)	Lending Club		02/23/2022		3,542		3,542		3,490
186352548.SRDLC, 8.49%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		638		638		—
186353252.SRDLC, 18.99%, 02/24/2025 (a)(r)	Lending Club		02/22/2022		2,598		2,598		2,598
186355122.SRDLC, 23.99%, 02/17/2027 (a)(r)	Lending Club		02/22/2022		7,869		7,869		7,878
186356513.SRDLC, 14.19%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		3,756		3,756		3,724
186356520.SRDLC, 20.49%, 03/03/2027 (a)(o)(r)	Lending Club		03/07/2022		23,933		23,933		7,486
186359587.SRDLC, 19.94%, 02/17/2027 (a)(r)	Lending Club		02/22/2022		13,070		13,070		13,003
186360338.SRDLC, 30.99%, 08/10/2027 (a)(r)	Lending Club		03/14/2022		5,278		5,343		5,202
186365788.SRDLC, 23.99%, 02/06/2027 (a)(r)	Lending Club		02/24/2022		24,272		24,272		24,086
186365957.SRDLC, 30.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		11,393		11,491		11,298
186366292.SRDLC, 11.99%, 02/07/2025 (a)(r)	Lending Club		02/23/2022		1,202		1,202		1,176
186366745.SRDLC, 22.49%, 02/17/2025 (a)(o)(r)	Lending Club		02/22/2022		7,966		7,966		1,072
186367313.SRDLC, 6.59%, 02/20/2027 (a)(r)	Lending Club		02/23/2022		28,114		28,114		27,398
186367879.SRDLC, 8.99%, 02/18/2027 (a)(r)	Lending Club		02/23/2022		28,600		28,600		27,990
186368614.SRDLC, 23.99%, 02/28/2027 (a)(r)	Lending Club		02/23/2022		15,183		15,183		15,187
186374382.SRDLC, 5.99%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		11,666		11,666		11,498
186376281.SRDLC, 7.09%, 02/18/2027 (a)(r)	Lending Club		02/23/2022		18,288		18,288		17,816
186378594.SRDLC, 10.54%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		4,351		4,351		4,291
186381065.SRDLC, 13.99%, 02/22/2027 (a)(o)(r)	Lending Club		02/24/2022		22,303		22,303		4,405
186384422.SRDLC, 10.89%, 02/18/2025 (a)(o)(r)	Lending Club		02/23/2022		2,424		2,424		2,388
186388373.SRDLC, 6.49%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		4,685		4,685		4,617
186388863.SRDLC, 12.24%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		5,374		5,374		5,184
186388985.SRDLC, 4.99%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		20,818		20,818		20,289
186389884.SRDLC, 15.99%, 02/18/2025 (a)(r)	Lending Club		02/23/2022		15,105		15,105		14,991
186390394.SRDLC, 23.99%, 02/18/2027 (a)(r)	Lending Club		02/23/2022		11,804		11,804		11,821
186401408.SRDLC, 22.99%, 02/26/2025 (a)(r)	Lending Club		02/25/2022		2,659		2,659		2,624
186404263.SRDLC, 20.99%, 03/02/2027 (a)(r)	Lending Club		03/04/2022		7,868		7,868		7,791
186406480.SRDLC, 14.19%, 02/22/2027 (a)(o)(r)	Lending Club		02/24/2022		20,890		20,890		2,812
186407529.SRDLC, 23.49%, 02/18/2027 (a)(r)	Lending Club		02/23/2022		9,416		9,416		9,430
186409868.SRDLC, 13.24%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		13,553		13,553		13,247
186410723.SRDLC, 13.24%, 02/18/2025 (a)(o)(r)	Lending Club		02/23/2022		6,920		6,920		1,104
186411740.SRDLC, 5.09%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		4,448		4,448		4,383
186412503.SRDLC, 7.59%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		4,576		4,576		4,482
186414924.SRDLC, 7.59%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		19,108		19,108		18,617
186415311.SRDLC, 5.49%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		6,972		6,972		6,870
186420008.SRDLC, 12.99%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		1,970		1,970		1,926
186422320.SRDLC, 21.49%, 02/24/2027 (a)(r)	Lending Club		02/23/2022		11,685		11,685		11,239
186422693.SRDLC, 14.19%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		17,050		17,050		16,501
186423051.SRDLC, 5.99%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		11,666		11,666		11,497
186423124.SRDLC, 25.49%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		10,761		10,761		10,925
186424467.SRDLC, 17.49%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		4,297		4,325		4,228
186425657.SRDLC, 8.79%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		5,247		5,247		5,170
186430295.SRDLC, 19.94%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		8,456		8,456		8,434
186430834.SRDLC, 15.24%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		21,497		21,497		20,907
186431339.SRDLC, 11.52%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		22,553		22,553		22,275
186431907.SRDLC, 7.49%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		7,555		7,555		7,447
186432025.SRDLC, 30.49%, 03/16/2027 (a)(r)	Lending Club		03/18/2022		6,081		6,097		6,061
186433520.SRDLC, 14.94%, 02/22/2027 (a)(o)(r)	Lending Club		02/24/2022		4,402		4,402		592
186435948.SRDLC, 13.49%, 02/28/2027 (a)(r)	Lending Club		02/24/2022		29,676		29,676		28,882
186439607.SRDLC, 24.99%, 03/22/2025 (a)(o)(r)	Lending Club		03/10/2022		1,904		1,929		256
186441268.SRDLC, 20.49%, 04/28/2025 (a)(r)	Lending Club		03/11/2022		2,042		2,055		2,047
186442601.SRDLC, 8.49%, 02/22/2025 (a)(o)(r)	Lending Club		02/24/2022		954		954		939
186443751.SRDLC, 27.99%, 07/17/2024 (a)(o)(r)	Lending Club		03/21/2022		11,300		11,447		1,521

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

36

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186444042.SRDLC, 15.00%, 08/08/2027 (a)(o)(r)	Lending Club		03/10/2022	$	7,379	$	7,379	$	4,210
186444057.SRDLC, 24.79%, 02/16/2025 (a)(o)(r)	Lending Club		02/24/2022		6,843		6,843		921
186444854.SRDLC, 18.49%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		6,477		6,477		6,459
186445485.SRDLC, 30.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		4,966		5,019		4,978
186445568.SRDLC, 17.49%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		30,290		30,290		29,473
186448014.SRDLC, 16.49%, 02/28/2027 (a)(r)	Lending Club		02/24/2022		5,438		5,438		5,263
186448116.SRDLC, 17.99%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		9,115		9,115		8,818
186449199.SRDLC, 23.99%, 03/15/2027 (a)(r)	Lending Club		03/08/2022		16,208		16,208		16,076
186450032.SRDLC, 5.09%, 02/28/2025 (a)(r)	Lending Club		02/24/2022		8,974		8,974		8,845
186450406.SRDLC, 18.19%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		22,817		22,817		22,205
186451093.SRDLC, 5.59%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		9,063		9,063		8,834
186455794.SRDLC, 14.19%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		22,239		22,239		21,523
186457043.SRDLC, 9.49%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		3,444		3,444		3,371
186460226.SRDLC, 7.49%, 03/17/2025 (a)(r)	Lending Club		03/14/2022		9,032		9,032		8,889
186462208.SRDLC, 22.99%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		5,290		5,290		5,237
186465186.SRDLC, 7.59%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		13,386		13,386		1,802
186465325.SRDLC, 30.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		2,919		2,940		2,920
186470642.SRDLC, 15.69%, 02/24/2025 (a)(o)(r)	Lending Club		02/28/2022		6,029		6,029		5,987
186473434.SRDLC, 7.24%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		8,011		8,011		7,858
186475599.SRDLC, 7.74%, 02/22/2025 (a)(o)(r)	Lending Club		02/24/2022		20,561		20,561		2,767
186481362.SRDLC, 14.94%, 02/22/2027 (a)(o)(r)	Lending Club		02/24/2022		8,933		8,933		8,639
186482676.SRDLC, 15.99%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		3,273		3,273		3,235
186482761.SRDLC, 20.99%, 03/01/2025 (a)(r)	Lending Club		02/28/2022		4,721		4,721		4,671
186484216.SRDLC, 9.63%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		23,760		23,760		23,461
186494520.SRDLC, 20.99%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		2,557		2,557		2,566
186499265.SRDLC, 10.59%, 02/11/2025 (a)(r)	Lending Club		02/24/2022		6,867		6,867		6,708
186499500.SRDLC, 7.09%, 03/16/2027 (a)(r)	Lending Club		03/15/2022		22,374		22,374		21,735
186499981.SRDLC, 7.09%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		18,830		18,830		18,519
186500365.SRDLC, 21.79%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		3,148		3,148		3,114
186500893.SRDLC, 19.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		16,900		17,070		16,536
186507209.SRDLC, 9.74%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		28,755		28,755		28,146
186509911.SRDLC, 16.49%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		2,934		2,934		2,899
186512499.SRDLC, 26.49%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		10,855		10,855		10,965
186512978.SRDLC, 8.24%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		7,124		7,124		6,989
186516008.SRDLC, 12.34%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		2,581		2,581		2,518
186517183.SRDLC, 30.99%, 03/17/2027 (a)(r)	Lending Club		03/08/2022		6,339		6,412		6,276
186519049.SRDLC, 14.49%, 02/07/2025 (a)(r)	Lending Club		02/24/2022		7,356		7,356		7,293
186520234.SRDLC, 17.19%, 02/05/2027 (a)(o)(r)	Lending Club		03/02/2022		6,719		6,719		904
186522630.SRDLC, 12.49%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		12,757		12,757		12,473
186525066.SRDLC, 6.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		19,858		19,858		19,556
186525669.SRDLC, 6.49%, 03/12/2025 (a)(o)(r)	Lending Club		03/02/2022		4,991		4,991		4,912
186526396.SRDLC, 28.99%, 02/24/2027 (a)(r)	Lending Club		02/28/2022		3,651		3,651		3,662
186527225.SRDLC, 18.49%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		15,239		15,239		15,198
186527801.SRDLC, 8.24%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		5,699		5,699		5,611
186531370.SRDLC, 8.79%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		2,862		2,862		2,820
186534674.SRDLC, 5.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		3,033		3,033		2,988
186535728.SRDLC, 9.63%, 02/23/2027 (a)(r)	Lending Club		02/25/2022		20,113		20,113		19,863
186538516.SRDLC, 30.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		4,680		4,710		4,701
186538736.SRDLC, 8.24%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		3,325		3,325		3,273
186539534.SRDLC, 17.94%, 02/22/2025 (a)(r)	Lending Club		02/24/2022		7,660		7,660		7,605
186542560.SRDLC, 24.99%, 02/23/2027 (a)(r)	Lending Club		02/25/2022		15,825		15,825		15,262
186542844.SRDLC, 17.19%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		16,803		16,803		16,282
186544047.SRDLC, 20.99%, 03/17/2027 (a)(r)	Lending Club		03/21/2022		8,497		8,583		8,308
186544338.SRDLC, 15.24%, 02/22/2027 (a)(r)	Lending Club		02/24/2022		5,225		5,225		5,053
186545919.SRDLC, 13.94%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		4,442		4,442		4,411
186549505.SRDLC, 22.99%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		5,290		5,290		5,242
186549507.SRDLC, 27.99%, 03/14/2024 (a)(o)(r)	Lending Club		03/16/2022		3,661		3,708		1,248

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

37

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186552069.SRDLC, 14.99%, 02/23/2027 (a)(r)	Lending Club		02/25/2022	$	29,809	$	29,809	$	28,992
186552397.SRDLC, 10.54%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		3,315		3,315		807
186553759.SRDLC, 15.49%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		1,006		1,006		992
186556405.SRDLC, 23.99%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		13,456		13,550		13,504
186556557.SRDLC, 18.99%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		3,601		3,601		3,562
186556881.SRDLC, 21.99%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		4,207		4,207		4,160
186560731.SRDLC, 13.49%, 02/24/2027 (a)(r)	Lending Club		02/28/2022		17,708		17,708		17,307
186561715.SRDLC, 22.99%, 06/23/2025 (a)(o)(r)	Lending Club		02/25/2022		3,997		3,997		538
186563488.SRDLC, 9.63%, 03/02/2027 (a)(r)	Lending Club		02/25/2022		29,451		29,451		28,913
186563944.SRDLC, 7.09%, 02/23/2025 (a)(r)	Lending Club		02/25/2022		5,887		5,887		5,790
186566531.SRDLC, 18.99%, 02/23/2025 (a)(o)(r)	Lending Club		02/25/2022		3,255		3,255		3,210
186568548.SRDLC, 22.99%, 03/02/2025 (a)(o)(r)	Lending Club		03/04/2022		3,058		3,058		698
186571697.SRDLC, 18.99%, 02/28/2025 (a)(o)(r)	Lending Club		03/02/2022		5,292		5,292		5,208
186572822.SRDLC, 9.49%, 03/13/2027 (a)(r)	Lending Club		03/04/2022		7,361		7,361		7,185
186573934.SRDLC, 17.69%, 02/23/2027 (a)(r)	Lending Club		02/25/2022		6,065		6,065		5,869
186576309.SRDLC, 17.99%, 02/25/2027 (a)(r)	Lending Club		03/01/2022		8,327		8,327		8,104
186576419.SRDLC, 30.99%, 03/29/2025 (a)(r)	Lending Club		03/31/2022		2,928		2,947		2,940
186604983.SRDLC, 8.49%, 05/09/2025 (a)(r)	Lending Club		02/28/2022		10,445		10,445		6,799
186606955.SRDLC, 10.99%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		7,697		7,697		7,501
186609833.SRDLC, 16.49%, 02/24/2027 (a)(r)	Lending Club		02/28/2022		16,253		16,253		15,728
186611261.SRDLC, 23.49%, 02/24/2027 (a)(o)(r)	Lending Club		02/28/2022		8,258		8,258		1,111
186611625.SRDLC, 5.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		2,100		2,100		2,069
186611666.SRDLC, 15.99%, 02/24/2027 (a)(o)(r)	Lending Club		02/28/2022		29,124		29,124		—
186614496.SRDLC, 28.99%, 06/16/2025 (a)(o)(r)	Lending Club		03/18/2022		8,729		8,777		6,612
186615940.SRDLC, 22.99%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		4,249		4,249		4,194
186616543.SRDLC, 25.49%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		1,874		1,874		1,897
186617758.SRDLC, 5.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		13,999		13,999		13,794
186618032.SRDLC, 10.59%, 02/25/2027 (a)(r)	Lending Club		03/01/2022		28,929		28,929		28,258
186618575.SRDLC, 18.99%, 02/18/2025 (a)(r)	Lending Club		02/28/2022		6,912		6,912		6,831
186618990.SRDLC, 12.49%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		883		883		871
186620390.SRDLC, 21.99%, 02/28/2025 (a)(o)(r)	Lending Club		02/28/2022		9,014		9,014		1,213
186621339.SRDLC, 15.69%, 02/24/2025 (a)(o)(r)	Lending Club		02/28/2022		2,573		2,573		288
186623473.SRDLC, 10.99%, 02/15/2025 (a)(r)	Lending Club		03/01/2022		2,889		2,889		2,824
186627742.SRDLC, 9.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		21,602		21,602		21,143
186630251.SRDLC, 15.00%, 07/07/2025 (a)(r)	Lending Club		02/28/2022		12,490		12,490		8,434
186632305.SRDLC, 18.99%, 02/24/2025 (a)(r)	Lending Club		02/28/2022		7,409		7,409		7,329
186632825.SRDLC, 28.99%, 08/15/2025 (a)(r)	Lending Club		03/11/2022		1,589		1,610		1,169
186635190.SRDLC, 6.59%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		4,220		4,220		4,139
186636012.SRDLC, 22.99%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		1,587		1,587		1,573
186638846.SRDLC, 14.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		8,943		8,943		8,700
186639728.SRDLC, 8.79%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		6,678		6,678		6,584
186640995.SRDLC, 15.94%, 02/25/2027 (a)(r)	Lending Club		03/01/2022		8,998		8,998		8,708
186643887.SRDLC, 8.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		5,362		5,362		5,247
186644292.SRDLC, 8.99%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		10,235		10,235		10,043
186647083.SRDLC, 21.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		16,145		16,145		15,535
186647551.SRDLC, 19.99%, 10/14/2024 (a)(r)	Lending Club		03/16/2022		2,835		2,871		2,055
186647860.SRDLC, 17.94%, 03/08/2025 (a)(o)(r)	Lending Club		03/01/2022		4,211		4,211		950
186648726.SRDLC, 6.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		4,703		4,703		4,635
186649759.SRDLC, 7.49%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		12,277		12,277		12,098
186651540.SRDLC, 8.99%, 02/01/2025 (a)(o)(r)	Lending Club		03/02/2022		12,156		12,156		11,888
186652442.SRDLC, 22.99%, 02/25/2027 (a)(r)	Lending Club		03/01/2022		9,393		9,393		9,400
186655839.SRDLC, 4.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		13,437		13,437		13,224
186656549.SRDLC, 27.99%, 02/25/2027 (a)(o)(r)	Lending Club		03/01/2022		20,677		20,677		20,368
186657762.SRDLC, 8.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		27,885		27,885		27,287
186659296.SRDLC, 12.34%, 03/19/2025 (a)(r)	Lending Club		03/08/2022		20,859		20,859		20,327
186661222.SRDLC, 22.99%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		5,290		5,290		5,243
186663166.SRDLC, 19.94%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		5,179		5,179		5,207

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

38

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186663937.SRDLC, 30.49%, 06/26/2025 (a)(o)(r)	Lending Club		03/01/2022	$	7,913	$	7,913	$	1,065
186664039.SRDLC, 30.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		1,243		1,260		167
186667574.SRDLC, 18.49%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		17,528		17,528		17,464
186668155.SRDLC, 25.99%, 02/25/2025 (a)(r)	Lending Club		03/01/2022		1,512		1,512		1,535
186669127.SRDLC, 11.52%, 03/02/2027 (a)(r)	Lending Club		03/02/2022		29,808		29,808		29,279
186669465.SRDLC, 11.19%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		4,254		4,254		4,196
186671873.SRDLC, 16.24%, 03/19/2025 (a)(r)	Lending Club		03/09/2022		3,474		3,498		3,414
186672812.SRDLC, 30.99%, 02/28/2027 (a)(o)(r)	Lending Club		03/02/2022		11,436		11,436		1,539
186673896.SRDLC, 17.49%, 02/16/2025 (a)(r)	Lending Club		03/02/2022		9,765		9,765		9,655
186675548.SRDLC, 14.49%, 01/31/2025 (a)(r)	Lending Club		03/04/2022		4,162		4,162		2,940
186678676.SRDLC, 22.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		3,056		3,056		3,029
186681238.SRDLC, 30.99%, 03/20/2027 (a)(o)(r)	Lending Club		03/11/2022		10,346		10,480		1,393
186682233.SRDLC, 12.74%, 03/03/2027 (a)(o)(r)	Lending Club		03/07/2022		18,319		18,319		5,387
186682717.SRDLC, 30.49%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		7,397		7,474		7,344
186685210.SRDLC, 10.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		10,879		10,879		10,650
186686440.SRDLC, 10.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		6,607		6,607		6,454
186691527.SRDLC, 22.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		796		796		784
186693132.SRDLC, 7.79%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		2,606		2,606		2,564
186693742.SRDLC, 30.99%, 03/14/2027 (a)(o)(r)	Lending Club		03/16/2022		9,932		10,049		9,892
186694140.SRDLC, 9.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		2,215		2,215		2,181
186694143.SRDLC, 5.59%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		9,063		9,063		8,832
186695293.SRDLC, 10.24%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		7,365		7,365		7,198
186696309.SRDLC, 30.99%, 03/24/2027 (a)(o)(r)	Lending Club		03/16/2022		11,273		11,419		1,517
186697126.SRDLC, 6.49%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		1,171		1,171		1,154
186697448.SRDLC, 6.49%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		14,038		14,038		13,684
186697817.SRDLC, 8.44%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		8,003		8,003		7,785
186699230.SRDLC, 27.49%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		20,047		20,047		19,868
186701229.SRDLC, 5.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		5,600		5,600		5,517
186701588.SRDLC, 7.49%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		1,511		1,511		1,489
186703239.SRDLC, 9.99%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		28,807		28,807		28,194
186703275.SRDLC, 10.49%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		14,455		14,455		14,148
186703553.SRDLC, 7.24%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		2,580		2,580		2,542
186704869.SRDLC, 27.99%, 02/28/2025 (a)(r)	Lending Club		03/02/2022		3,019		3,019		3,047
186706496.SRDLC, 4.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		9,817		9,817		9,667
186710117.SRDLC, 10.99%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		721		721		707
186712916.SRDLC, 17.44%, 02/28/2027 (a)(r)	Lending Club		03/02/2022		12,104		12,104		11,719
186715502.SRDLC, 8.74%, 03/30/2025 (a)(r)	Lending Club		03/04/2022		13,775		13,775		13,508
186716052.SRDLC, 14.49%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		8,329		8,329		8,037
186718466.SRDLC, 27.49%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		16,280		16,464		16,098
186720629.SRDLC, 30.99%, 03/22/2025 (a)(o)(r)	Lending Club		03/17/2022		9,331		9,401		9,320
186724366.SRDLC, 27.99%, 03/20/2025 (a)(r)	Lending Club		03/16/2022		1,455		1,466		1,456
186728098.SRDLC, 11.19%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		8,895		8,895		8,753
186731533.SRDLC, 17.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		2,417		2,433		2,374
186732927.SRDLC, 4.99%, 03/02/2027 (a)(r)	Lending Club		03/04/2022		28,393		28,393		27,651
186735419.SRDLC, 8.59%, 03/02/2025 (a)(r)	Lending Club		03/04/2022		5,042		5,042		4,957
186737733.SRDLC, 21.99%, 03/02/2025 (a)(o)(r)	Lending Club		03/04/2022		9,910		9,910		1,334
186747376.SRDLC, 7.59%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		5,506		5,506		5,403
186748363.SRDLC, 5.59%, 03/02/2025 (a)(r)	Lending Club		03/04/2022		6,903		6,903		6,756
186748391.SRDLC, 20.99%, 03/11/2025 (a)(r)	Lending Club		03/09/2022		416		419		412
186752739.SRDLC, 12.69%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		8,234		8,234		8,105
186754103.SRDLC, 30.99%, 03/03/2027 (a)(o)(r)	Lending Club		03/07/2022		7,454		7,551		1,003
186758530.SRDLC, 20.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		12,768		12,768		12,635
186759602.SRDLC, 30.99%, 03/04/2027 (a)(o)(r)	Lending Club		03/08/2022		19,560		19,815		2,633
186759667.SRDLC, 8.99%, 03/16/2027 (a)(r)	Lending Club		03/14/2022		16,835		16,835		16,441
186761684.SRDLC, 24.49%, 03/10/2026 (a)(o)(r)	Lending Club		03/14/2022		10,083		10,200		10,043
186765099.SRDLC, 23.99%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		10,653		10,653		10,442
186766384.SRDLC, 17.19%, 03/02/2027 (a)(r)	Lending Club		03/04/2022		5,388		5,388		5,218

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

39

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186767172.SRDLC, 25.99%, 03/08/2025 (a)(o)(r)	Lending Club		03/10/2022	$	1,244	$	1,260	$	324
186767656.SRDLC, 6.59%, 03/02/2025 (a)(r)	Lending Club		03/04/2022		4,471		4,471		4,376
186771871.SRDLC, 6.49%, 03/02/2025 (a)(r)	Lending Club		03/04/2022		4,964		4,964		4,889
186771996.SRDLC, 14.49%, 03/03/2025 (a)(o)(r)	Lending Club		03/07/2022		5,903		5,903		5,811
186772214.SRDLC, 8.24%, 03/02/2025 (a)(r)	Lending Club		03/04/2022		8,801		8,801		8,615
186773721.SRDLC, 18.99%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		8,138		8,195		8,103
186776246.SRDLC, 30.99%, 03/24/2025 (a)(r)	Lending Club		03/28/2022		5,856		5,900		5,915
186776862.SRDLC, 12.74%, 03/02/2025 (a)(o)(r)	Lending Club		03/04/2022		11,364		11,364		1,530
186778413.SRDLC, 15.69%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		564		564		559
186778695.SRDLC, 14.69%, 03/15/2025 (a)(r)	Lending Club		03/04/2022		5,327		5,327		5,255
186779898.SRDLC, 9.09%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		3,543		3,543		3,483
186780275.SRDLC, 19.99%, 09/20/2025 (a)(o)(r)	Lending Club		04/07/2022		7,232		7,323		973
186784007.SRDLC, 28.99%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		11,571		11,571		11,473
186784052.SRDLC, 30.99%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		8,785		8,849		8,757
186784874.SRDLC, 12.54%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,733		2,752		2,669
186787477.SRDLC, 5.99%, 03/10/2025 (a)(r)	Lending Club		03/07/2022		2,479		2,479		2,440
186787670.SRDLC, 30.99%, 03/22/2027 (a)(o)(r)	Lending Club		03/10/2022		10,640		10,779		1,432
186788217.SRDLC, 15.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		16,205		16,205		15,787
186791798.SRDLC, 23.99%, 03/16/2027 (a)(r)	Lending Club		03/04/2022		20,325		20,325		20,089
186792901.SRDLC, 14.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		6,076		6,076		5,884
186793247.SRDLC, 17.49%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		1,504		1,514		1,482
186797391.SRDLC, 30.99%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		8,111		8,197		8,049
186799571.SRDLC, 16.49%, 03/11/2027 (a)(r)	Lending Club		03/04/2022		9,647		9,647		9,268
186799618.SRDLC, 28.99%, 03/16/2025 (a)(r)	Lending Club		03/18/2022		1,157		1,165		1,163
186801721.SRDLC, 10.49%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		5,113		5,113		4,982
186803441.SRDLC, 10.99%, 03/17/2027 (a)(r)	Lending Club		03/16/2022		29,644		29,644		28,958
186804749.SRDLC, 16.19%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		1,704		1,704		1,673
186805386.SRDLC, 6.74%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		7,461		7,461		7,348
186805633.SRDLC, 18.49%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		2,704		2,722		2,665
186809107.SRDLC, 28.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		2,256		2,272		2,258
186810869.SRDLC, 24.99%, 03/15/2025 (a)(o)(r)	Lending Club		03/08/2022		10,378		10,378		1,397
186811188.SRDLC, 16.19%, 03/16/2025 (a)(o)(r)	Lending Club		03/07/2022		4,655		4,655		4,582
186813004.SRDLC, 17.99%, 03/17/2025 (a)(r)	Lending Club		03/10/2022		4,107		4,132		4,042
186813237.SRDLC, 6.99%, 03/15/2025 (a)(r)	Lending Club		03/07/2022		12,488		12,488		12,291
186815269.SRDLC, 30.99%, 06/04/2025 (a)(o)(r)	Lending Club		03/08/2022		12,314		12,474		1,657
186816361.SRDLC, 12.99%, 03/07/2025 (a)(r)	Lending Club		03/08/2022		2,607		2,607		2,554
186816681.SRDLC, 12.99%, 03/03/2025 (a)(o)(r)	Lending Club		03/07/2022		7,812		7,812		7,605
186819598.SRDLC, 18.49%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		2,974		2,994		2,935
186820218.SRDLC, 13.19%, 03/27/2027 (a)(r)	Lending Club		03/07/2022		17,536		17,536		17,246
186820799.SRDLC, 26.49%, 03/14/2026 (a)(r)	Lending Club		03/16/2022		2,884		2,913		2,883
186823822.SRDLC, 7.74%, 03/16/2025 (a)(r)	Lending Club		03/08/2022		4,529		4,529		4,450
186824468.SRDLC, 9.49%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		13,190		13,190		12,891
186825061.SRDLC, 9.99%, 03/15/2027 (a)(r)	Lending Club		03/07/2022		24,858		24,858		24,279
186826265.SRDLC, 28.49%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		1,312		1,321		1,310
186826333.SRDLC, 25.99%, 03/20/2027 (a)(r)	Lending Club		03/17/2022		4,066		4,109		4,043
186831107.SRDLC, 22.99%, 04/15/2025 (a)(o)(r)	Lending Club		03/18/2022		1,987		2,001		1,985
186832201.SRDLC, 16.39%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		9,808		9,808		9,679
186832447.SRDLC, 5.59%, 03/03/2025 (a)(o)(r)	Lending Club		03/07/2022		1,893		1,893		255
186833531.SRDLC, 30.99%, 04/20/2025 (a)(r)	Lending Club		04/07/2022		7,466		7,523		7,393
186833830.SRDLC, 28.99%, 03/15/2025 (a)(r)	Lending Club		03/08/2022		2,368		2,386		2,361
186834062.SRDLC, 5.59%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		21,388		21,388		20,832
186834383.SRDLC, 6.59%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		19,873		19,873		19,453
186835181.SRDLC, 6.59%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		4,918		4,918		4,814
186835752.SRDLC, 9.69%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		15,250		15,250		14,993
186836967.SRDLC, 12.69%, 03/07/2027 (a)(o)(r)	Lending Club		03/09/2022		5,643		5,643		437
186837086.SRDLC, 14.49%, 03/10/2027 (a)(o)(r)	Lending Club		03/07/2022		13,172		13,172		3,911
186837726.SRDLC, 7.59%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		3,946		3,946		3,872

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

40

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186838206.SRDLC, 6.59%, 03/12/2025 (a)(r)	Lending Club		03/09/2022	$	9,452	$	9,452	$	9,244
186838258.SRDLC, 14.24%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		3,885		3,935		359
186838683.SRDLC, 11.24%, 03/20/2025 (a)(o)(r)	Lending Club		03/11/2022		7,204		7,204		7,005
186839002.SRDLC, 24.49%, 03/03/2027 (a)(o)(r)	Lending Club		03/07/2022		4,553		4,613		613
186841310.SRDLC, 9.29%, 03/03/2025 (a)(o)(r)	Lending Club		03/07/2022		6,081		6,081		5,966
186841662.SRDLC, 25.99%, 03/20/2027 (a)(o)(r)	Lending Club		03/11/2022		24,111		24,425		4,656
186842035.SRDLC, 17.19%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		1,072		1,072		1,058
186842406.SRDLC, 9.59%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		2,538		2,538		2,474
186842521.SRDLC, 16.19%, 03/15/2025 (a)(o)(r)	Lending Club		03/07/2022		2,689		2,689		362
186843462.SRDLC, 28.49%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		17,459		17,686		2,167
186843869.SRDLC, 25.74%, 03/31/2025 (a)(r)	Lending Club		03/28/2022		3,422		3,447		3,431
186844674.SRDLC, 17.19%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		1,285		1,285		1,269
186845838.SRDLC, 17.19%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		2,680		2,680		2,645
186845846.SRDLC, 11.69%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		4,642		4,642		4,555
186847923.SRDLC, 30.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		4,685		4,719		4,705
186849373.SRDLC, 12.49%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		495		495		484
186849738.SRDLC, 15.69%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		454		454		448
186850090.SRDLC, 30.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		9,105		9,200		9,029
186851000.SRDLC, 11.19%, 03/04/2025 (a)(o)(r)	Lending Club		03/08/2022		6,612		6,612		6,526
186851436.SRDLC, 20.49%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		3,507		3,531		3,471
186851932.SRDLC, 28.99%, 03/07/2024 (a)(r)	Lending Club		03/09/2022		1,238		1,241		1,247
186852060.SRDLC, 25.49%, 03/22/2025 (a)(r)	Lending Club		03/09/2022		2,633		2,652		2,645
186853537.SRDLC, 30.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		16,554		16,728		16,416
186854659.SRDLC, 18.49%, 03/04/2027 (a)(o)(r)	Lending Club		03/08/2022		2,767		2,767		2,742
186855159.SRDLC, 23.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/09/2022		20,106		20,106		20,001
186856510.SRDLC, 30.99%, 03/21/2025 (a)(r)	Lending Club		03/07/2022		3,280		3,304		3,298
186857181.SRDLC, 30.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		10,325		10,434		10,239
186859192.SRDLC, 25.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		4,848		4,848		4,740
186859612.SRDLC, 23.49%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		18,185		18,185		18,069
186859882.SRDLC, 20.99%, 03/04/2027 (a)(o)(r)	Lending Club		03/08/2022		7,139		7,139		961
186860203.SRDLC, 6.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		19,932		19,932		19,628
186860250.SRDLC, 30.99%, 03/20/2027 (a)(o)(r)	Lending Club		03/09/2022		11,521		11,671		1,551
186860547.SRDLC, 9.99%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		22,059		22,059		21,557
186861655.SRDLC, 20.49%, 03/10/2027 (a)(o)(r)	Lending Club		03/14/2022		3,387		3,387		456
186862002.SRDLC, 22.49%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		15,034		15,034		14,898
186862268.SRDLC, 30.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		4,888		4,947		4,836
186863025.SRDLC, 10.00%, 03/18/2028 (a)(o)(r)	Lending Club		03/07/2022		5,509		5,577		3,423
186863352.SRDLC, 17.24%, 04/30/2025 (a)(r)	Lending Club		03/07/2022		7,289		7,339		7,233
186863423.SRDLC, 4.99%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		9,817		9,817		9,668
186864141.SRDLC, 24.99%, 03/03/2027 (a)(r)	Lending Club		03/07/2022		16,090		16,275		15,918
186865643.SRDLC, 20.24%, 03/10/2025 (a)(r)	Lending Club		03/07/2022		2,760		2,779		2,729
186868654.SRDLC, 15.19%, 03/11/2027 (a)(r)	Lending Club		03/08/2022		19,089		19,089		18,419
186869127.SRDLC, 18.99%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		4,327		4,327		4,306
186869195.SRDLC, 30.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		4,552		4,601		4,544
186869536.SRDLC, 8.99%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		2,276		2,276		2,228
186870252.SRDLC, 30.99%, 03/03/2027 (a)(o)(r)	Lending Club		03/07/2022		8,358		8,467		1,125
186872196.SRDLC, 8.24%, 03/17/2025 (a)(o)(r)	Lending Club		03/08/2022		25,192		25,192		3,391
186874394.SRDLC, 19.99%, 03/03/2025 (a)(r)	Lending Club		03/07/2022		6,008		6,049		5,946
186874455.SRDLC, 5.59%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,726		1,726		1,689
186876529.SRDLC, 10.00%, 08/03/2025 (a)(o)(r)	Lending Club		03/07/2022		7,565		7,565		5,051
186878387.SRDLC, 10.49%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		16,969		16,969		16,584
186878812.SRDLC, 30.24%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		9,471		9,573		9,413
186880394.SRDLC, 12.24%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		18,580		18,580		18,099
186880643.SRDLC, 6.49%, 07/15/2025 (a)(o)(r)	Lending Club		03/08/2022		4,003		4,003		2,512
186880718.SRDLC, 30.99%, 03/15/2027 (a)(r)	Lending Club		03/11/2022		10,030		10,138		9,971
186881064.SRDLC, 9.29%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		12,671		12,671		12,435
186881471.SRDLC, 8.24%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		5,029		5,029		4,924

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

41

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186882814.SRDLC, 9.74%, 03/10/2027 (a)(r)	Lending Club		03/14/2022	$	8,808	$	8,808	$	8,609
186883253.SRDLC, 30.99%, 03/03/2027 (a)(o)(r)	Lending Club		03/07/2022		4,307		4,363		247
186883462.SRDLC, 20.49%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		12,114		12,272		1,631
186883666.SRDLC, 21.79%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		5,527		5,527		5,429
186883905.SRDLC, 5.59%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		4,931		4,931		4,826
186884409.SRDLC, 30.99%, 03/18/2025 (a)(o)(r)	Lending Club		03/07/2022		2,509		2,542		338
186885615.SRDLC, 9.59%, 03/17/2025 (a)(r)	Lending Club		03/08/2022		4,080		4,080		4,009
186885801.SRDLC, 25.49%, 03/15/2025 (a)(r)	Lending Club		03/08/2022		2,874		2,895		2,879
186886262.SRDLC, 28.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/07/2022		1,511		1,531		761
186887274.SRDLC, 13.99%, 03/20/2025 (a)(o)(r)	Lending Club		03/09/2022		5,258		5,258		708
186887684.SRDLC, 23.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		7,844		7,844		7,810
186887752.SRDLC, 9.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		3,311		3,311		3,256
186887816.SRDLC, 26.74%, 10/10/2024 (a)(r)	Lending Club		03/14/2022		1,964		1,979		1,700
186887863.SRDLC, 19.44%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		3,809		3,809		3,796
186888572.SRDLC, 14.44%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,629		2,629		2,597
186890838.SRDLC, 9.49%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		5,276		5,276		5,156
186890975.SRDLC, 18.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		18,670		18,670		18,513
186892953.SRDLC, 9.69%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		16,144		16,144		15,775
186893891.SRDLC, 5.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		19,783		19,783		19,481
186894617.SRDLC, 9.34%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		14,275		14,275		13,949
186894895.SRDLC, 13.19%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		14,596		14,596		14,323
186894964.SRDLC, 19.99%, 03/19/2027 (a)(r)	Lending Club		03/08/2022		11,904		12,024		11,585
186894997.SRDLC, 30.99%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		1,406		1,415		1,401
186897446.SRDLC, 21.49%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		15,780		15,780		15,644
186898217.SRDLC, 26.24%, 03/11/2025 (a)(o)(r)	Lending Club		03/15/2022		391		396		132
186898646.SRDLC, 30.99%, 02/04/2028 (a)(o)(r)	Lending Club		03/08/2022		6,346		6,428		854
186899161.SRDLC, 20.49%, 03/27/2027 (a)(r)	Lending Club		03/08/2022		4,596		4,640		4,505
186899942.SRDLC, 8.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		20,155		20,155		19,731
186900684.SRDLC, 15.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		19,105		19,105		18,509
186902851.SRDLC, 28.99%, 03/18/2025 (a)(r)	Lending Club		03/08/2022		2,953		2,979		2,959
186903091.SRDLC, 7.59%, 03/22/2025 (a)(r)	Lending Club		03/09/2022		4,311		4,311		4,221
186903373.SRDLC, 17.99%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		3,233		3,255		3,182
186905651.SRDLC, 6.00%, 03/08/2026 (a)(r)	Lending Club		03/10/2022		9,864		9,951		9,693
186905982.SRDLC, 6.79%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		3,488		3,488		3,412
186906144.SRDLC, 30.49%, 03/15/2025 (a)(o)(r)	Lending Club		03/14/2022		1,892		1,917		255
186907056.SRDLC, 28.99%, 11/04/2025 (a)(r)	Lending Club		03/08/2022		3,176		3,217		3,101
186908663.SRDLC, 5.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		4,946		4,946		4,870
186908684.SRDLC, 9.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		8,823		8,823		8,623
186909305.SRDLC, 12.54%, 03/04/2025 (a)(r)	Lending Club		03/08/2022		717		722		706
186909328.SRDLC, 18.99%, 03/19/2025 (a)(r)	Lending Club		03/08/2022		3,316		3,316		3,256
186909994.SRDLC, 28.99%, 03/22/2025 (a)(o)(r)	Lending Club		03/08/2022		2,685		2,706		2,698
186910060.SRDLC, 30.99%, 03/04/2027 (a)(r)	Lending Club		03/08/2022		6,954		7,027		6,885
186910066.SRDLC, 14.04%, 03/13/2026 (a)(r)	Lending Club		03/08/2022		6,733		6,791		6,428
186913728.SRDLC, 30.49%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		11,677		11,762		11,702
186914338.SRDLC, 7.49%, 03/16/2025 (a)(o)(r)	Lending Club		03/09/2022		23,405		23,405		3,647
186914996.SRDLC, 6.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,489		1,489		1,467
186916189.SRDLC, 23.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		19,192		19,192		19,070
186917027.SRDLC, 30.99%, 03/17/2027 (a)(o)(r)	Lending Club		03/09/2022		4,264		4,312		4,237
186917181.SRDLC, 20.49%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		2,774		2,782		2,748
186919095.SRDLC, 13.19%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		19,524		19,524		19,219
186919628.SRDLC, 15.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		6,357		6,357		6,242
186921772.SRDLC, 16.19%, 03/08/2025 (a)(o)(r)	Lending Club		03/10/2022		5,640		5,640		449
186921775.SRDLC, 30.99%, 02/07/2028 (a)(r)	Lending Club		03/09/2022		4,407		4,464		4,336
186922130.SRDLC, 16.99%, 03/16/2025 (a)(r)	Lending Club		03/09/2022		5,401		5,438		5,315
186922494.SRDLC, 10.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		20,526		20,526		20,004
186923282.SRDLC, 9.59%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		3,455		3,455		465
186923646.SRDLC, 20.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,741		2,759		2,709

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

42

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186927765.SRDLC, 18.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022	$	7,223	$	7,223	$	7,092
186929069.SRDLC, 23.49%, 03/16/2027 (a)(r)	Lending Club		03/10/2022		5,624		5,624		5,593
186929213.SRDLC, 24.79%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		3,865		3,865		604
186929745.SRDLC, 6.59%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		5,465		5,465		5,349
186929796.SRDLC, 12.54%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,245		1,253		1,226
186930176.SRDLC, 30.49%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		8,262		8,263		8,208
186930238.SRDLC, 17.99%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		7,494		7,591		1,009
186930558.SRDLC, 9.84%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		6,135		6,135		5,975
186934357.SRDLC, 23.49%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		2,866		2,904		1,364
186934755.SRDLC, 18.19%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		3,542		3,542		3,517
186935363.SRDLC, 30.99%, 03/18/2027 (a)(r)	Lending Club		03/22/2022		12,415		12,548		12,423
186936790.SRDLC, 30.49%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		5,368		5,424		5,335
186938222.SRDLC, 18.49%, 08/07/2025 (a)(o)(r)	Lending Club		03/09/2022		3,073		3,112		2,052
186938507.SRDLC, 7.09%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		9,973		9,973		9,794
186938697.SRDLC, 30.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		7,035		7,105		7,023
186939170.SRDLC, 15.99%, 03/14/2025 (a)(r)	Lending Club		03/09/2022		2,701		2,719		2,656
186941874.SRDLC, 15.99%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		3,411		3,433		3,355
186942033.SRDLC, 6.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		3,475		3,475		3,422
186943871.SRDLC, 30.99%, 03/04/2025 (a)(o)(r)	Lending Club		03/09/2022		3,592		3,639		483
186944478.SRDLC, 17.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		537		541		529
186944501.SRDLC, 7.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		7,028		7,028		6,880
186945043.SRDLC, 30.99%, 03/20/2027 (a)(r)	Lending Club		03/09/2022		5,990		6,054		5,990
186946625.SRDLC, 22.99%, 03/17/2025 (a)(r)	Lending Club		03/09/2022		4,359		4,389		4,357
186946979.SRDLC, 17.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,617		1,627		1,592
186946994.SRDLC, 30.99%, 03/01/2027 (a)(r)	Lending Club		03/09/2022		12,293		12,423		12,206
186947728.SRDLC, 0.00%, 12/07/2027 (a)(o)(r)	Lending Club		03/09/2022		8,125		8,125		4,497
186948086.SRDLC, 9.49%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		4,397		4,397		4,296
186948516.SRDLC, 29.74%, 06/18/2025 (a)(o)(r)	Lending Club		03/09/2022		1,543		1,557		1,510
186949502.SRDLC, 19.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		3,814		3,856		3,766
186950730.SRDLC, 5.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		4,363		4,363		4,321
186952065.SRDLC, 17.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		3,233		3,255		3,184
186952635.SRDLC, 7.24%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		19,969		19,969		19,666
186952678.SRDLC, 5.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		9,397		9,397		9,254
186952838.SRDLC, 30.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		4,967		5,017		4,926
186953143.SRDLC, 13.19%, 03/23/2027 (a)(o)(r)	Lending Club		03/10/2022		10,805		10,805		10,618
186953189.SRDLC, 18.99%, 03/22/2027 (a)(r)	Lending Club		03/09/2022		11,034		11,034		10,927
186954345.SRDLC, 30.99%, 03/10/2026 (a)(r)	Lending Club		03/14/2022		3,627		3,662		3,623
186957057.SRDLC, 12.74%, 03/16/2024 (a)(o)(r)	Lending Club		03/15/2022		5,569		5,599		5,554
186958321.SRDLC, 30.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		6,601		6,670		6,589
186958654.SRDLC, 14.49%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		7,193		7,193		6,967
186959040.SRDLC, 16.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		4,443		4,483		4,193
186959392.SRDLC, 30.99%, 03/15/2027 (a)(o)(r)	Lending Club		03/11/2022		5,270		5,339		377
186960205.SRDLC, 6.59%, 03/28/2027 (a)(o)(r)	Lending Club		03/09/2022		15,503		15,503		2,087
186960953.SRDLC, 6.59%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		11,924		11,924		11,672
186963432.SRDLC, 5.59%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		8,349		8,349		8,135
186963564.SRDLC, 6.59%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,493		1,493		1,460
186963965.SRDLC, 21.49%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		4,734		4,782		4,616
186966365.SRDLC, 30.99%, 03/17/2025 (a)(o)(r)	Lending Club		03/09/2022		3,750		3,778		3,745
186966989.SRDLC, 30.99%, 03/21/2027 (a)(o)(r)	Lending Club		03/09/2022		5,878		5,954		791
186967519.SRDLC, 10.19%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		16,640		16,640		16,227
186968317.SRDLC, 14.69%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		22,952		22,952		3,089
186968818.SRDLC, 5.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		11,129		11,129		10,954
186969031.SRDLC, 25.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		2,827		2,846		2,850
186969110.SRDLC, 30.99%, 03/15/2027 (a)(r)	Lending Club		03/09/2022		8,376		8,465		8,350
186969603.SRDLC, 28.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		868		874		868
186969754.SRDLC, 21.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		11,350		11,472		11,032
186969770.SRDLC, 27.49%, 03/20/2027 (a)(o)(r)	Lending Club		03/09/2022		5,098		5,164		5,061

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

43

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
186969924.SRDLC, 17.19%, 03/09/2027 (a)(r)	Lending Club		03/11/2022	$	24,170	$	24,170	$	23,426
186970990.SRDLC, 10.99%, 03/18/2025 (a)(r)	Lending Club		03/09/2022		5,688		5,688		5,574
186971589.SRDLC, 9.29%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		2,805		2,805		670
186972144.SRDLC, 22.99%, 03/16/2025 (a)(o)(r)	Lending Club		03/09/2022		2,149		2,149		289
186973856.SRDLC, 11.19%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		17,789		17,789		17,509
186974562.SRDLC, 17.19%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		2,682		2,682		2,641
186974858.SRDLC, 12.49%, 03/16/2027 (a)(r)	Lending Club		03/09/2022		12,021		12,021		11,702
186975112.SRDLC, 22.49%, 03/22/2025 (a)(r)	Lending Club		03/16/2022		5,610		5,650		5,569
186975750.SRDLC, 30.99%, 03/10/2025 (a)(r)	Lending Club		03/09/2022		1,901		1,914		1,895
186975831.SRDLC, 27.49%, 03/16/2027 (a)(o)(r)	Lending Club		03/09/2022		8,901		9,017		1,588
186976156.SRDLC, 19.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,562		1,573		1,545
186976477.SRDLC, 21.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		3,819		3,819		3,751
186977311.SRDLC, 22.99%, 03/01/2027 (a)(r)	Lending Club		03/09/2022		5,530		5,587		5,485
186977592.SRDLC, 27.49%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		4,884		4,935		4,873
186978035.SRDLC, 6.99%, 03/01/2025 (a)(r)	Lending Club		03/09/2022		9,444		9,444		9,302
186978206.SRDLC, 17.19%, 03/22/2027 (a)(o)(r)	Lending Club		03/09/2022		19,859		19,859		19,217
186978254.SRDLC, 8.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		29,211		29,211		28,542
186979291.SRDLC, 26.49%, 03/07/2025 (a)(o)(r)	Lending Club		03/09/2022		3,102		3,143		418
186980070.SRDLC, 7.09%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		2,792		2,792		2,740
186980107.SRDLC, 23.49%, 08/21/2026 (a)(o)(r)	Lending Club		03/14/2022		21,137		21,412		2,845
186980309.SRDLC, 10.99%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		5,132		5,132		4,998
186980691.SRDLC, 30.99%, 03/13/2027 (a)(o)(r)	Lending Club		03/09/2022		4,801		4,863		646
186980962.SRDLC, 30.49%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		12,387		12,518		12,335
186981038.SRDLC, 30.99%, 03/10/2027 (a)(r)	Lending Club		03/09/2022		4,922		4,972		4,901
186981641.SRDLC, 23.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		2,242		2,258		2,248
186982180.SRDLC, 26.24%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		946		953		945
186982354.SRDLC, 5.09%, 03/25/2025 (a)(r)	Lending Club		03/09/2022		2,421		2,421		2,390
186982644.SRDLC, 12.54%, 03/16/2025 (a)(r)	Lending Club		03/09/2022		3,944		3,970		3,888
186982976.SRDLC, 17.99%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		4,850		4,883		4,786
186983409.SRDLC, 15.49%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,324		1,333		1,304
186983820.SRDLC, 23.99%, 03/17/2025 (a)(r)	Lending Club		03/09/2022		5,695		5,735		5,708
186984103.SRDLC, 12.69%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		9,806		9,806		9,652
186984751.SRDLC, 23.99%, 03/12/2025 (a)(r)	Lending Club		03/09/2022		8,445		8,505		8,464
186985079.SRDLC, 30.99%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		12,415		12,547		12,364
186985421.SRDLC, 12.49%, 03/16/2025 (a)(r)	Lending Club		03/09/2022		5,212		5,212		5,110
186985653.SRDLC, 21.49%, 03/16/2025 (a)(r)	Lending Club		03/10/2022		5,561		5,561		5,531
186986577.SRDLC, 30.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		5,968		6,041		5,956
186987081.SRDLC, 30.99%, 03/20/2025 (a)(o)(r)	Lending Club		03/09/2022		5,523		5,595		743
186987216.SRDLC, 11.19%, 03/12/2027 (a)(r)	Lending Club		03/09/2022		22,237		22,237		21,900
186987619.SRDLC, 30.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,464		1,475		1,465
186988932.SRDLC, 8.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		11,685		11,685		11,417
186991595.SRDLC, 28.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		19,680		19,680		19,990
186992140.SRDLC, 27.99%, 03/15/2024 (a)(o)(r)	Lending Club		03/10/2022		2,000		2,026		437
186993852.SRDLC, 9.09%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		2,531		2,531		2,487
186994906.SRDLC, 30.99%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		1,494		1,505		1,495
186994916.SRDLC, 6.59%, 04/28/2027 (a)(r)	Lending Club		03/09/2022		17,515		17,515		17,080
186994940.SRDLC, 30.99%, 03/07/2027 (a)(r)	Lending Club		03/09/2022		9,932		10,038		9,874
186995154.SRDLC, 15.99%, 03/16/2025 (a)(r)	Lending Club		03/09/2022		1,223		1,231		1,206
186995899.SRDLC, 24.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,482		1,492		1,479
186996001.SRDLC, 10.99%, 03/15/2025 (a)(r)	Lending Club		03/10/2022		7,954		7,954		7,816
186996360.SRDLC, 30.99%, 08/20/2025 (a)(r)	Lending Club		03/10/2022		2,919		2,944		2,873
186997520.SRDLC, 21.49%, 03/16/2025 (a)(r)	Lending Club		03/18/2022		3,885		3,899		3,848
186997746.SRDLC, 5.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,978		1,978		1,948
186998317.SRDLC, 30.49%, 04/30/2027 (a)(r)	Lending Club		03/09/2022		8,012		8,115		8,123
186999371.SRDLC, 7.59%, 03/16/2025 (a)(r)	Lending Club		03/10/2022		4,018		4,018		3,930
187000623.SRDLC, 30.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		1,759		1,763		1,750
187002010.SRDLC, 17.99%, 03/23/2025 (a)(r)	Lending Club		03/25/2022		4,051		4,078		3,992

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

44

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187002654.SRDLC, 30.99%, 03/20/2025 (a)(r)	Lending Club		03/16/2022	$	2,136	$	2,152	$	2,143
187003355.SRDLC, 30.99%, 03/25/2027 (a)(r)	Lending Club		03/14/2022		12,685		12,831		12,697
187003763.SRDLC, 21.99%, 03/10/2025 (a)(r)	Lending Club		03/10/2022		2,776		2,795		2,743
187004337.SRDLC, 14.99%, 03/17/2027 (a)(r)	Lending Club		03/10/2022		18,335		18,335		17,758
187007026.SRDLC, 16.19%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		4,684		4,684		4,606
187007115.SRDLC, 30.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		2,928		2,949		2,929
187007624.SRDLC, 28.49%, 03/15/2025 (a)(r)	Lending Club		03/09/2022		3,508		3,534		3,508
187008942.SRDLC, 15.29%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		1,785		1,785		1,763
187009222.SRDLC, 28.99%, 03/07/2025 (a)(r)	Lending Club		03/09/2022		5,785		5,827		5,787
187010379.SRDLC, 15.99%, 04/26/2025 (a)(r)	Lending Club		03/09/2022		1,788		1,800		1,773
187012069.SRDLC, 30.99%, 03/15/2025 (a)(o)(r)	Lending Club		03/11/2022		7,362		7,457		991
187013586.SRDLC, 5.99%, 03/08/2025 (a)(o)(r)	Lending Club		03/10/2022		5,501		5,501		1,241
187013940.SRDLC, 18.49%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		17,298		17,298		17,151
187014518.SRDLC, 9.69%, 03/16/2027 (a)(r)	Lending Club		03/11/2022		25,759		25,759		25,150
187014710.SRDLC, 20.49%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		1,973		1,987		1,961
187014822.SRDLC, 15.49%, 03/10/2025 (a)(r)	Lending Club		03/10/2022		2,919		2,939		2,868
187015235.SRDLC, 30.99%, 03/08/2027 (a)(o)(r)	Lending Club		03/10/2022		8,802		8,917		—
187016656.SRDLC, 27.99%, 03/23/2025 (a)(r)	Lending Club		03/10/2022		5,835		5,876		5,861
187016803.SRDLC, 7.24%, 03/15/2025 (a)(r)	Lending Club		03/10/2022		20,032		20,032		19,714
187016906.SRDLC, 20.99%, 10/24/2027 (a)(o)(r)	Lending Club		03/14/2022		16,570		16,570		1,994
187017386.SRDLC, 30.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		1,763		1,776		1,756
187017395.SRDLC, 28.99%, 04/12/2027 (a)(o)(r)	Lending Club		03/30/2022		12,420		12,581		12,275
187017868.SRDLC, 10.00%, 08/20/2025 (a)(r)	Lending Club		03/14/2022		23,554		23,554		16,877
187018701.SRDLC, 16.99%, 04/28/2025 (a)(o)(r)	Lending Club		03/10/2022		5,843		5,843		972
187019293.SRDLC, 29.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		14,830		14,830		15,065
187019567.SRDLC, 9.49%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		20,225		20,225		19,763
187019977.SRDLC, 26.24%, 03/13/2025 (a)(r)	Lending Club		03/10/2022		1,435		1,446		1,434
187020605.SRDLC, 13.74%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		3,163		3,163		3,119
187022209.SRDLC, 30.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		5,951		6,000		5,919
187023324.SRDLC, 30.99%, 03/15/2027 (a)(r)	Lending Club		03/17/2022		6,953		7,027		6,945
187024361.SRDLC, 23.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		5,607		5,607		5,503
187024410.SRDLC, 14.49%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		1,578		1,578		1,559
187024503.SRDLC, 30.99%, 03/20/2025 (a)(r)	Lending Club		03/16/2022		4,661		4,696		4,697
187024750.SRDLC, 22.74%, 03/08/2025 (a)(o)(r)	Lending Club		03/10/2022		3,769		3,818		507
187030695.SRDLC, 6.59%, 03/15/2025 (a)(r)	Lending Club		03/11/2022		1,988		1,988		1,945
187031324.SRDLC, 27.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		8,160		8,246		8,113
187031627.SRDLC, 12.99%, 03/20/2025 (a)(r)	Lending Club		03/11/2022		15,679		15,679		15,281
187032911.SRDLC, 16.99%, 03/09/2025 (a)(o)(r)	Lending Club		03/11/2022		5,359		5,359		721
187033012.SRDLC, 12.74%, 03/16/2025 (a)(o)(r)	Lending Club		03/11/2022		627		627		615
187033106.SRDLC, 17.99%, 03/08/2025 (a)(o)(r)	Lending Club		03/10/2022		4,748		4,810		639
187033122.SRDLC, 7.09%, 03/10/2027 (a)(r)	Lending Club		03/11/2022		19,388		19,388		18,834
187034307.SRDLC, 24.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		845		849		847
187034438.SRDLC, 8.79%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		3,030		3,030		2,974
187035689.SRDLC, 12.54%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		1,297		1,305		1,277
187035966.SRDLC, 23.49%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		7,976		7,976		7,930
187036809.SRDLC, 30.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		878		885		879
187036897.SRDLC, 30.99%, 12/06/2027 (a)(o)(r)	Lending Club		03/25/2022		8,674		8,786		8,547
187037256.SRDLC, 23.99%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		9,596		9,596		9,550
187037815.SRDLC, 25.99%, 03/14/2027 (a)(o)(r)	Lending Club		03/16/2022		10,423		10,559		1,403
187038824.SRDLC, 8.24%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		7,041		7,041		6,893
187039305.SRDLC, 24.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		1,693		1,705		1,697
187039708.SRDLC, 21.49%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		3,945		3,985		3,848
187039842.SRDLC, 6.59%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		4,968		4,968		4,864
187040123.SRDLC, 30.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		19,451		19,704		2,618
187040321.SRDLC, 21.99%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		12,738		12,738		12,641
187040621.SRDLC, 23.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		6,381		6,381		6,355
187040626.SRDLC, 9.34%, 03/23/2027 (a)(r)	Lending Club		03/10/2022		9,575		9,575		9,346

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

45

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187040937.SRDLC, 30.99%, 03/21/2027 (a)(o)(r)	Lending Club		03/23/2022	$	4,812	$	4,875	$	648
187042692.SRDLC, 11.89%, 03/08/2027 (a)(o)(r)	Lending Club		03/10/2022		26,668		26,668		3,590
187042914.SRDLC, 17.19%, 08/09/2025 (a)(r)	Lending Club		03/11/2022		853		853		832
187043557.SRDLC, 30.99%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		9,933		10,039		9,857
187044456.SRDLC, 28.49%, 03/08/2027 (a)(r)	Lending Club		03/10/2022		6,878		6,962		6,823
187044734.SRDLC, 15.99%, 03/08/2025 (a)(r)	Lending Club		03/10/2022		3,721		3,746		3,664
187045611.SRDLC, 15.74%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		1,804		1,816		1,778
187045971.SRDLC, 7.09%, 03/02/2027 (a)(r)	Lending Club		03/15/2022		10,780		10,780		10,486
187046745.SRDLC, 19.99%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,731		2,749		2,708
187047990.SRDLC, 30.99%, 03/01/2027 (a)(o)(r)	Lending Club		03/23/2022		5,601		5,674		754
187048685.SRDLC, 6.59%, 03/11/2027 (a)(r)	Lending Club		03/15/2022		10,700		10,700		10,423
187049271.SRDLC, 20.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		3,288		3,310		3,260
187050428.SRDLC, 22.49%, 03/12/2027 (a)(r)	Lending Club		03/11/2022		4,769		4,817		4,650
187050949.SRDLC, 21.49%, 07/09/2025 (a)(o)(r)	Lending Club		03/11/2022		1,408		1,427		350
187051535.SRDLC, 27.99%, 03/30/2025 (a)(r)	Lending Club		03/11/2022		2,660		2,678		2,686
187052570.SRDLC, 22.99%, 03/01/2025 (a)(o)(r)	Lending Club		03/16/2022		10,102		10,233		1,360
187053282.SRDLC, 30.99%, 03/18/2025 (a)(r)	Lending Club		03/11/2022		890		897		892
187053309.SRDLC, 5.59%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		6,410		6,410		6,275
187055517.SRDLC, 28.99%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,892		2,913		2,897
187057455.SRDLC, 30.99%, 03/17/2025 (a)(r)	Lending Club		03/14/2022		1,487		1,506		1,489
187057871.SRDLC, 14.19%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		1,312		1,312		1,290
187058552.SRDLC, 27.99%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		690		690		693
187060262.SRDLC, 18.99%, 03/20/2025 (a)(r)	Lending Club		03/11/2022		550		550		547
187060772.SRDLC, 20.49%, 03/15/2025 (a)(r)	Lending Club		03/11/2022		4,448		4,495		4,400
187060807.SRDLC, 22.99%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		1,337		1,337		1,313
187061785.SRDLC, 28.99%, 03/04/2027 (a)(r)	Lending Club		03/11/2022		14,662		14,816		14,541
187061900.SRDLC, 20.49%, 03/15/2025 (a)(r)	Lending Club		03/11/2022		6,633		6,679		6,561
187061950.SRDLC, 22.99%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,785		2,805		2,794
187062738.SRDLC, 27.99%, 10/29/2024 (a)(o)(r)	Lending Club		03/16/2022		12,163		12,163		1,637
187063469.SRDLC, 11.34%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		14,838		14,838		14,463
187063470.SRDLC, 23.19%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		3,904		3,904		3,902
187064351.SRDLC, 20.74%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		19,742		19,742		19,230
187064981.SRDLC, 5.00%, 03/11/2026 (a)(r)	Lending Club		03/15/2022		10,035		10,035		9,845
187065183.SRDLC, 15.49%, 03/17/2025 (a)(r)	Lending Club		03/11/2022		5,874		5,930		5,780
187065357.SRDLC, 17.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		6,446		6,489		6,333
187066092.SRDLC, 30.99%, 03/15/2027 (a)(r)	Lending Club		03/14/2022		5,007		5,060		4,979
187066402.SRDLC, 13.49%, 03/24/2027 (a)(o)(r)	Lending Club		03/14/2022		16,302		16,302		—
187066767.SRDLC, 15.49%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		5,509		5,546		5,433
187066773.SRDLC, 6.59%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		28,725		28,725		27,969
187066929.SRDLC, 7.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		20,034		20,034		19,721
187067030.SRDLC, 21.99%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		9,256		9,256		8,842
187067662.SRDLC, 15.74%, 03/25/2027 (a)(r)	Lending Club		03/16/2022		25,589		25,589		24,810
187067840.SRDLC, 8.59%, 03/01/2025 (a)(r)	Lending Club		03/14/2022		5,019		5,019		4,913
187068023.SRDLC, 12.19%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		2,273		2,273		2,232
187069624.SRDLC, 19.49%, 03/17/2025 (a)(r)	Lending Club		03/11/2022		3,576		3,576		3,505
187069722.SRDLC, 30.99%, 03/25/2027 (a)(r)	Lending Club		03/14/2022		5,524		5,596		5,491
187070240.SRDLC, 21.49%, 03/20/2027 (a)(r)	Lending Club		03/14/2022		9,440		9,440		9,372
187070699.SRDLC, 30.99%, 03/15/2027 (a)(r)	Lending Club		03/17/2022		16,554		16,730		16,535
187070990.SRDLC, 15.99%, 03/16/2025 (a)(r)	Lending Club		03/11/2022		3,856		3,881		3,793
187073165.SRDLC, 11.99%, 03/18/2025 (a)(r)	Lending Club		03/14/2022		2,592		2,592		2,526
187073409.SRDLC, 9.59%, 03/10/2025 (a)(o)(r)	Lending Club		03/14/2022		9,100		9,100		1,225
187073789.SRDLC, 18.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,594		2,612		2,556
187074059.SRDLC, 22.49%, 03/09/2025 (a)(r)	Lending Club		03/11/2022		2,776		2,795		2,753
187076024.SRDLC, 12.19%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		18,905		18,905		18,622
187077040.SRDLC, 30.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		5,380		5,437		5,371
187077933.SRDLC, 11.19%, 03/03/2027 (a)(r)	Lending Club		03/14/2022		7,405		7,405		7,286
187079283.SRDLC, 30.99%, 03/29/2027 (a)(r)	Lending Club		03/31/2022		12,415		12,539		12,280

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

46

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187079529.SRDLC, 22.49%, 03/11/2025 (a)(r)	Lending Club		03/15/2022	$	5,553	$	5,591	$	5,511
187080468.SRDLC, 13.99%, 03/16/2025 (a)(r)	Lending Club		03/11/2022		3,687		3,711		3,626
187080922.SRDLC, 30.99%, 03/25/2027 (a)(o)(r)	Lending Club		03/14/2022		4,293		4,339		4,258
187081426.SRDLC, 30.99%, 03/09/2027 (a)(r)	Lending Club		03/11/2022		12,415		12,530		12,357
187083049.SRDLC, 19.49%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		3,266		3,288		3,241
187083667.SRDLC, 30.99%, 03/15/2027 (a)(o)(r)	Lending Club		03/14/2022		7,108		7,201		424
187084131.SRDLC, 25.49%, 02/23/2027 (a)(r)	Lending Club		03/14/2022		6,209		6,285		6,241
187085796.SRDLC, 27.49%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		9,766		9,868		9,721
187087599.SRDLC, 4.99%, 06/18/2025 (a)(r)	Lending Club		03/14/2022		6,714		6,714		4,241
187090647.SRDLC, 30.99%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		585		590		587
187094773.SRDLC, 19.99%, 03/18/2025 (a)(o)(r)	Lending Club		03/15/2022		4,112		4,166		553
187095146.SRDLC, 17.49%, 03/20/2027 (a)(r)	Lending Club		03/14/2022		23,291		23,291		22,454
187096378.SRDLC, 17.24%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		14,500		14,500		13,973
187096917.SRDLC, 22.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		5,013		5,013		4,927
187099521.SRDLC, 30.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		818		824		820
187099924.SRDLC, 17.44%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		6,196		6,196		6,123
187101376.SRDLC, 27.99%, 03/10/2025 (a)(o)(r)	Lending Club		03/14/2022		4,610		4,610		768
187103577.SRDLC, 28.99%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		4,100		4,100		4,172
187103780.SRDLC, 28.99%, 03/11/2027 (a)(r)	Lending Club		03/15/2022		4,920		4,972		4,901
187104737.SRDLC, 10.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		8,724		8,724		8,505
187105051.SRDLC, 15.19%, 03/21/2025 (a)(r)	Lending Club		03/15/2022		2,136		2,136		2,107
187105742.SRDLC, 30.99%, 04/11/2028 (a)(o)(r)	Lending Club		03/15/2022		13,917		14,098		1,873
187105908.SRDLC, 30.99%, 03/22/2027 (a)(o)(r)	Lending Club		03/15/2022		17,956		18,189		2,417
187107161.SRDLC, 4.99%, 03/16/2025 (a)(r)	Lending Club		03/14/2022		19,670		19,670		19,355
187109249.SRDLC, 16.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		3,211		3,211		3,174
187111599.SRDLC, 23.99%, 03/24/2027 (a)(o)(r)	Lending Club		03/15/2022		10,819		10,819		2,360
187112294.SRDLC, 27.49%, 03/31/2027 (a)(r)	Lending Club		03/15/2022		4,771		4,821		4,751
187113052.SRDLC, 30.99%, 03/30/2027 (a)(o)(r)	Lending Club		04/01/2022		5,166		5,233		910
187113417.SRDLC, 12.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		3,644		3,644		3,553
187113627.SRDLC, 28.49%, 03/20/2027 (a)(r)	Lending Club		03/15/2022		5,777		5,838		5,774
187113823.SRDLC, 8.49%, 03/23/2025 (a)(r)	Lending Club		03/16/2022		20,206		20,206		19,771
187114091.SRDLC, 8.59%, 03/26/2027 (a)(r)	Lending Club		03/15/2022		26,215		26,215		25,608
187114622.SRDLC, 25.74%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		5,727		5,767		5,734
187116136.SRDLC, 12.99%, 03/10/2027 (a)(r)	Lending Club		03/14/2022		20,934		20,934		20,216
187116827.SRDLC, 7.59%, 03/11/2025 (a)(o)(r)	Lending Club		03/15/2022		8,343		8,343		1,874
187118843.SRDLC, 25.49%, 03/10/2025 (a)(r)	Lending Club		03/14/2022		11,321		11,321		11,374
187119161.SRDLC, 25.99%, 03/29/2027 (a)(r)	Lending Club		03/16/2022		9,870		9,870		9,688
187120238.SRDLC, 28.49%, 03/18/2025 (a)(o)(r)	Lending Club		03/22/2022		1,942		1,967		141
187121118.SRDLC, 17.99%, 03/11/2025 (a)(o)(r)	Lending Club		03/15/2022		8,308		8,416		1,118
187122896.SRDLC, 30.99%, 03/29/2027 (a)(r)	Lending Club		03/31/2022		4,966		5,016		4,912
187123648.SRDLC, 30.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		8,276		8,372		8,191
187125272.SRDLC, 9.99%, 03/11/2027 (a)(r)	Lending Club		03/15/2022		7,353		7,353		7,186
187129496.SRDLC, 30.99%, 03/25/2027 (a)(r)	Lending Club		03/14/2022		15,262		15,262		15,442
187131130.SRDLC, 15.69%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		3,619		3,619		3,577
187131674.SRDLC, 22.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		1,838		1,851		1,848
187133675.SRDLC, 24.99%, 03/20/2027 (a)(o)(r)	Lending Club		03/15/2022		5,783		5,859		778
187134429.SRDLC, 17.99%, 03/11/2025 (a)(r)	Lending Club		03/15/2022		5,388		5,424		5,310
187134949.SRDLC, 30.24%, 03/10/2027 (a)(o)(r)	Lending Club		03/22/2022		16,983		17,203		2,917
187137324.SRDLC, 25.99%, 03/11/2025 (a)(o)(r)	Lending Club		03/15/2022		930		930		125
187137965.SRDLC, 4.99%, 03/15/2025 (a)(r)	Lending Club		03/16/2022		7,365		7,365		7,248
187140773.SRDLC, 27.99%, 03/15/2027 (a)(o)(r)	Lending Club		03/17/2022		5,479		5,551		—
187142052.SRDLC, 5.59%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		8,876		8,876		8,689
187142957.SRDLC, 6.59%, 03/15/2027 (a)(r)	Lending Club		03/16/2022		13,924		13,924		13,569
187143408.SRDLC, 12.34%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		29,873		29,873		29,126
187143516.SRDLC, 22.99%, 07/07/2025 (a)(r)	Lending Club		03/15/2022		6,505		6,578		6,427
187145522.SRDLC, 14.99%, 03/14/2027 (a)(o)(r)	Lending Club		03/16/2022		8,512		8,512		8,195
187146211.SRDLC, 6.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		10,802		10,802		10,523

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

47

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187148537.SRDLC, 19.49%, 03/11/2025 (a)(r)	Lending Club		03/15/2022	$	1,089	$	1,096	$	1,080
187149966.SRDLC, 14.49%, 03/25/2025 (a)(o)(r)	Lending Club		03/16/2022		8,662		8,662		—
187151370.SRDLC, 30.99%, 03/17/2025 (a)(r)	Lending Club		03/15/2022		5,921		5,965		5,929
187152660.SRDLC, 7.09%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		9,975		9,975		9,818
187153068.SRDLC, 30.99%, 03/29/2026 (a)(o)(r)	Lending Club		03/31/2022		8,661		8,774		1,166
187155317.SRDLC, 9.59%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		2,032		2,032		1,981
187156154.SRDLC, 26.99%, 03/15/2025 (a)(o)(r)	Lending Club		03/17/2022		12,000		12,143		1,615
187156614.SRDLC, 26.74%, 03/26/2025 (a)(r)	Lending Club		03/15/2022		3,471		3,496		3,492
187156876.SRDLC, 10.19%, 03/27/2027 (a)(r)	Lending Club		03/16/2022		8,887		8,887		8,658
187157596.SRDLC, 19.96%, 03/20/2025 (a)(r)	Lending Club		03/16/2022		9,910		9,910		9,514
187158857.SRDLC, 20.99%, 03/26/2025 (a)(o)(r)	Lending Club		03/17/2022		2,676		2,694		2,645
187158989.SRDLC, 7.74%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		20,044		20,044		19,706
187159686.SRDLC, 22.49%, 04/14/2027 (a)(o)(r)	Lending Club		03/16/2022		34,599		34,599		4,657
187161193.SRDLC, 22.99%, 03/11/2025 (a)(o)(r)	Lending Club		03/15/2022		2,994		3,033		1,422
187161794.SRDLC, 16.39%, 04/06/2027 (a)(o)(r)	Lending Club		04/08/2022		14,361		14,361		1,933
187162945.SRDLC, 24.49%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		7,996		8,087		7,956
187163955.SRDLC, 18.74%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		4,195		4,237		4,095
187165663.SRDLC, 30.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		9,289		9,410		1,250
187165954.SRDLC, 27.49%, 03/15/2027 (a)(r)	Lending Club		03/17/2022		4,884		4,935		4,876
187166501.SRDLC, 25.49%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		1,960		1,974		1,969
187170600.SRDLC, 23.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		15,994		16,158		15,913
187170952.SRDLC, 20.49%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		2,288		2,288		2,251
187171695.SRDLC, 7.59%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		2,002		2,002		1,967
187171712.SRDLC, 22.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		3,602		3,649		242
187172125.SRDLC, 30.99%, 03/29/2027 (a)(r)	Lending Club		03/31/2022		12,415		12,539		12,280
187175139.SRDLC, 15.00%, 07/29/2025 (a)(r)	Lending Club		03/16/2022		6,235		6,316		4,577
187175565.SRDLC, 20.49%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		5,752		5,826		774
187177101.SRDLC, 13.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		5,247		5,299		5,159
187177117.SRDLC, 28.99%, 05/31/2025 (a)(o)(r)	Lending Club		03/16/2022		2,183		2,211		613
187181524.SRDLC, 27.99%, 03/25/2025 (a)(o)(r)	Lending Club		03/17/2022		6,010		6,088		809
187185335.SRDLC, 24.99%, 03/20/2025 (a)(r)	Lending Club		03/16/2022		1,419		1,429		1,424
187185579.SRDLC, 23.74%, 03/20/2025 (a)(r)	Lending Club		03/17/2022		4,741		4,775		4,751
187185770.SRDLC, 23.49%, 03/02/2027 (a)(r)	Lending Club		03/16/2022		7,078		7,151		7,035
187185872.SRDLC, 27.99%, 03/20/2025 (a)(r)	Lending Club		03/16/2022		1,397		1,407		1,398
187191386.SRDLC, 30.99%, 03/14/2027 (a)(o)(r)	Lending Club		03/16/2022		12,887		13,054		4,923
187192260.SRDLC, 25.49%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		2,547		2,565		2,561
187194642.SRDLC, 28.99%, 03/17/2025 (a)(o)(r)	Lending Club		03/16/2022		2,919		2,952		2,920
187196077.SRDLC, 28.99%, 03/17/2027 (a)(o)(r)	Lending Club		03/16/2022		5,239		5,307		705
187196888.SRDLC, 13.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		5,003		5,069		905
187199260.SRDLC, 5.00%, 03/14/2028 (a)(o)(r)	Lending Club		03/16/2022		4,692		4,748		3,134
187202745.SRDLC, 30.99%, 03/26/2025 (a)(o)(r)	Lending Club		03/23/2022		1,997		2,023		269
187202884.SRDLC, 23.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		6,717		6,785		6,700
187204003.SRDLC, 20.24%, 03/29/2025 (a)(o)(r)	Lending Club		03/31/2022		1,903		1,928		324
187207505.SRDLC, 30.99%, 03/17/2026 (a)(r)	Lending Club		03/16/2022		12,261		12,378		12,270
187208713.SRDLC, 29.24%, 03/20/2026 (a)(r)	Lending Club		03/21/2022		3,678		3,712		3,686
187210013.SRDLC, 30.99%, 03/29/2027 (a)(o)(r)	Lending Club		03/31/2022		14,160		14,344		1,906
187210693.SRDLC, 28.49%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		14,419		14,524		14,480
187212284.SRDLC, 30.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		869		875		873
187212490.SRDLC, 28.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		2,025		2,031		2,033
187214657.SRDLC, 30.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/23/2022		6,801		6,890		915
187216159.SRDLC, 30.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		2,206		2,234		1,110
187216699.SRDLC, 19.49%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		1,633		1,644		1,622
187219910.SRDLC, 17.99%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		1,610		1,621		1,589
187220895.SRDLC, 16.99%, 03/01/2025 (a)(r)	Lending Club		03/16/2022		2,110		2,124		2,075
187222056.SRDLC, 28.49%, 03/25/2027 (a)(r)	Lending Club		03/29/2022		10,634		10,747		10,681
187222188.SRDLC, 23.49%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		7,976		8,057		7,935
187225907.SRDLC, 24.99%, 03/15/2027 (a)(r)	Lending Club		03/17/2022		5,627		5,685		5,602

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

48

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187227077.SRDLC, 17.99%, 03/15/2025 (a)(o)(r)	Lending Club		03/16/2022	$	5,799	$	5,875	$	781
187227226.SRDLC, 28.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		578		583		581
187228160.SRDLC, 26.49%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		2,848		2,867		2,867
187228476.SRDLC, 30.99%, 05/20/2026 (a)(o)(r)	Lending Club		03/16/2022		12,458		12,620		1,677
187229868.SRDLC, 29.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/16/2022		4,029		4,081		542
187230381.SRDLC, 13.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		3,433		3,455		3,384
187230799.SRDLC, 14.24%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		1,681		1,691		1,653
187232276.SRDLC, 28.99%, 03/14/2025 (a)(o)(r)	Lending Club		03/16/2022		1,444		1,463		194
187232739.SRDLC, 30.49%, 03/15/2027 (a)(r)	Lending Club		03/17/2022		6,606		6,676		6,598
187233907.SRDLC, 21.49%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		2,758		2,777		2,741
187235755.SRDLC, 20.99%, 03/14/2027 (a)(r)	Lending Club		03/16/2022		12,589		12,716		12,298
187238400.SRDLC, 17.99%, 03/14/2025 (a)(r)	Lending Club		03/16/2022		3,772		3,798		3,720
187238457.SRDLC, 18.74%, 03/14/2027 (a)(o)(r)	Lending Club		03/16/2022		7,157		7,250		963
187242033.SRDLC, 30.24%, 03/23/2027 (a)(r)	Lending Club		03/21/2022		12,331		12,468		12,373
187242298.SRDLC, 28.99%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		2,603		2,622		2,615
187242328.SRDLC, 17.99%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		4,446		4,476		4,385
187243100.SRDLC, 18.49%, 03/15/2026 (a)(r)	Lending Club		03/17/2022		4,133		4,169		3,965
187244144.SRDLC, 26.99%, 09/22/2025 (a)(r)	Lending Club		03/17/2022		1,798		1,816		1,780
187244325.SRDLC, 22.49%, 03/15/2025 (a)(o)(r)	Lending Club		03/17/2022		6,476		6,560		872
187256106.SRDLC, 30.99%, 03/27/2027 (a)(r)	Lending Club		03/18/2022		7,579		7,666		7,594
187258824.SRDLC, 28.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		3,029		3,052		2,987
187259128.SRDLC, 30.99%, 03/18/2025 (a)(r)	Lending Club		03/17/2022		588		592		589
187265375.SRDLC, 22.99%, 03/25/2025 (a)(o)(r)	Lending Club		03/17/2022		5,888		5,929		5,902
187266158.SRDLC, 17.99%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		2,156		2,170		2,126
187266552.SRDLC, 30.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		10,068		10,176		9,789
187272493.SRDLC, 13.99%, 04/08/2025 (a)(r)	Lending Club		04/06/2022		3,871		3,898		3,773
187273036.SRDLC, 28.49%, 04/15/2027 (a)(o)(r)	Lending Club		04/06/2022		10,837		10,978		1,459
187274598.SRDLC, 19.49%, 03/22/2026 (a)(o)(r)	Lending Club		03/17/2022		7,230		7,295		7,106
187278011.SRDLC, 30.99%, 03/15/2027 (a)(r)	Lending Club		03/17/2022		9,932		10,038		9,921
187278656.SRDLC, 26.24%, 03/15/2026 (a)(o)(r)	Lending Club		03/17/2022		23,931		24,242		3,221
187280200.SRDLC, 5.00%, 03/30/2026 (a)(r)	Lending Club		03/17/2022		3,842		3,842		3,837
187282942.SRDLC, 13.99%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		1,601		1,611		1,584
187283205.SRDLC, 26.24%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		2,389		2,406		2,406
187285539.SRDLC, 30.99%, 03/22/2027 (a)(r)	Lending Club		03/17/2022		4,173		4,221		4,176
187289700.SRDLC, 27.99%, 03/15/2025 (a)(r)	Lending Club		03/17/2022		1,624		1,633		1,610
187296926.SRDLC, 18.99%, 03/16/2027 (a)(r)	Lending Club		03/18/2022		6,260		6,303		6,107
187297380.SRDLC, 8.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		14,355		14,355		14,098
187297514.SRDLC, 28.99%, 03/28/2025 (a)(o)(r)	Lending Club		03/23/2022		7,216		7,309		1,430
187297824.SRDLC, 20.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		4,300		4,352		4,266
187298430.SRDLC, 30.99%, 03/29/2027 (a)(r)	Lending Club		03/31/2022		8,087		8,160		7,994
187298940.SRDLC, 27.99%, 03/18/2025 (a)(o)(r)	Lending Club		03/22/2022		4,563		4,622		614
187299086.SRDLC, 20.99%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		2,749		2,768		2,734
187299402.SRDLC, 20.49%, 03/16/2027 (a)(r)	Lending Club		03/18/2022		4,744		4,791		4,657
187299766.SRDLC, 18.99%, 03/16/2027 (a)(r)	Lending Club		03/18/2022		7,445		7,519		7,272
187300111.SRDLC, 30.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		8,390		8,480		8,157
187300531.SRDLC, 30.99%, 04/15/2025 (a)(o)(r)	Lending Club		04/07/2022		7,429		7,525		—
187300979.SRDLC, 19.99%, 03/07/2025 (a)(o)(r)	Lending Club		03/24/2022		2,252		2,281		245
187301254.SRDLC, 26.24%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		1,706		1,718		1,720
187304207.SRDLC, 30.99%, 04/04/2025 (a)(r)	Lending Club		03/30/2022		2,483		2,502		2,455
187305059.SRDLC, 14.24%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		5,529		5,566		5,443
187308704.SRDLC, 17.49%, 03/16/2025 (a)(r)	Lending Club		03/18/2022		3,222		3,244		3,179
187313739.SRDLC, 18.99%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		4,884		4,917		4,839
187314680.SRDLC, 28.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		4,847		4,910		652
187315282.SRDLC, 30.99%, 03/24/2027 (a)(o)(r)	Lending Club		03/28/2022		17,591		17,820		2,368
187315776.SRDLC, 26.24%, 03/26/2025 (a)(o)(r)	Lending Club		03/18/2022		4,853		4,916		—
187317167.SRDLC, 17.99%, 03/25/2025 (a)(r)	Lending Club		03/18/2022		1,038		1,045		1,026
187317328.SRDLC, 23.49%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		6,221		6,285		6,204

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

49

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187320803.SRDLC, 30.99%, 03/16/2027 (a)(r)	Lending Club		03/18/2022	$	4,138	$	4,182	$	4,136
187322872.SRDLC, 20.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		1,973		1,984		1,954
187324350.SRDLC, 25.99%, 03/16/2025 (a)(o)(r)	Lending Club		03/18/2022		2,444		2,457		2,442
187324593.SRDLC, 17.99%, 08/13/2025 (a)(r)	Lending Club		04/06/2022		7,809		7,906		7,560
187324930.SRDLC, 30.99%, 03/16/2026 (a)(o)(r)	Lending Club		03/18/2022		9,869		9,997		663
187326098.SRDLC, 17.99%, 03/16/2025 (a)(r)	Lending Club		03/18/2022		8,702		8,762		8,540
187326921.SRDLC, 23.99%, 04/20/2025 (a)(r)	Lending Club		04/07/2022		6,011		6,056		5,972
187331199.SRDLC, 24.99%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		4,063		4,092		4,091
187332393.SRDLC, 22.49%, 03/16/2026 (a)(r)	Lending Club		03/18/2022		3,529		3,561		3,478
187332662.SRDLC, 26.49%, 03/16/2025 (a)(r)	Lending Club		03/18/2022		2,279		2,295		2,293
187333328.SRDLC, 15.99%, 03/18/2025 (a)(o)(r)	Lending Club		03/22/2022		6,043		6,122		813
187337172.SRDLC, 30.99%, 03/16/2027 (a)(r)	Lending Club		03/18/2022		12,424		12,578		12,388
187337396.SRDLC, 20.99%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		5,498		5,537		5,467
187337889.SRDLC, 28.99%, 03/17/2025 (a)(o)(r)	Lending Club		03/21/2022		4,075		4,128		1,156
187340968.SRDLC, 24.99%, 04/18/2025 (a)(r)	Lending Club		04/06/2022		2,645		2,649		2,631
187344458.SRDLC, 23.49%, 03/17/2027 (a)(o)(r)	Lending Club		03/21/2022		18,411		18,586		18,309
187344577.SRDLC, 28.99%, 03/21/2027 (a)(o)(r)	Lending Club		03/21/2022		8,299		8,407		1,117
187345282.SRDLC, 23.99%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		14,017		14,117		14,136
187346943.SRDLC, 30.99%, 03/25/2025 (a)(o)(r)	Lending Club		03/21/2022		3,742		3,786		3,754
187347460.SRDLC, 18.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		3,433		3,457		3,391
187348658.SRDLC, 25.49%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		2,728		2,748		2,743
187349522.SRDLC, 30.99%, 04/03/2025 (a)(r)	Lending Club		04/01/2022		7,401		7,457		7,244
187354823.SRDLC, 30.99%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		4,138		4,182		4,156
187355184.SRDLC, 30.99%, 03/21/2027 (a)(o)(r)	Lending Club		03/23/2022		5,726		5,800		771
187356072.SRDLC, 24.99%, 03/31/2025 (a)(r)	Lending Club		03/21/2022		3,465		3,490		3,465
187356525.SRDLC, 30.49%, 03/24/2026 (a)(r)	Lending Club		03/21/2022		1,119		1,129		1,124
187361064.SRDLC, 18.49%, 03/17/2027 (a)(r)	Lending Club		03/21/2022		3,878		3,917		3,668
187363680.SRDLC, 17.99%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		943		949		931
187365303.SRDLC, 20.49%, 03/17/2025 (a)(o)(r)	Lending Club		03/21/2022		1,652		1,666		1,637
187366874.SRDLC, 30.99%, 03/05/2025 (a)(r)	Lending Club		03/21/2022		2,850		2,871		2,845
187367777.SRDLC, 30.99%, 03/30/2026 (a)(o)(r)	Lending Club		03/22/2022		10,185		10,318		1,371
187369277.SRDLC, 19.49%, 04/03/2025 (a)(o)(r)	Lending Club		03/21/2022		1,161		1,169		1,140
187375311.SRDLC, 19.49%, 04/05/2026 (a)(r)	Lending Club		04/07/2022		8,540		8,617		8,312
187376132.SRDLC, 23.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		8,412		8,471		8,442
187378370.SRDLC, 17.99%, 03/21/2025 (a)(r)	Lending Club		03/21/2022		1,949		1,959		1,918
187382263.SRDLC, 30.99%, 03/04/2025 (a)(o)(r)	Lending Club		03/21/2022		3,994		4,046		538
187382692.SRDLC, 18.99%, 03/17/2025 (a)(r)	Lending Club		03/21/2022		5,426		5,463		5,393
187386845.SRDLC, 30.99%, 04/05/2027 (a)(o)(r)	Lending Club		03/23/2022		166		168		22
187394985.SRDLC, 30.99%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		7,027		7,079		7,074
187398247.SRDLC, 28.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		1,249		1,265		1,250
187400455.SRDLC, 30.99%, 03/27/2025 (a)(o)(r)	Lending Club		03/22/2022		1,011		1,024		195
187401784.SRDLC, 25.49%, 03/20/2025 (a)(o)(r)	Lending Club		03/22/2022		4,196		4,250		565
187401895.SRDLC, 20.49%, 03/22/2025 (a)(r)	Lending Club		03/22/2022		8,818		8,880		8,752
187402002.SRDLC, 23.99%, 03/18/2025 (a)(r)	Lending Club		03/22/2022		2,693		2,712		2,699
187403421.SRDLC, 24.99%, 03/18/2025 (a)(o)(r)	Lending Club		03/22/2022		2,274		2,301		2,280
187404590.SRDLC, 23.99%, 03/25/2027 (a)(r)	Lending Club		03/22/2022		8,039		8,122		8,013
187407657.SRDLC, 23.49%, 03/18/2026 (a)(o)(r)	Lending Club		03/22/2022		10,328		10,463		1,390
187413846.SRDLC, 19.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/22/2022		3,008		3,047		781
187417087.SRDLC, 30.99%, 03/01/2025 (a)(o)(r)	Lending Club		03/23/2022		1,875		1,889		1,855
187418539.SRDLC, 23.99%, 03/01/2025 (a)(o)(r)	Lending Club		03/22/2022		5,976		6,019		5,931
187419334.SRDLC, 30.99%, 03/30/2027 (a)(o)(r)	Lending Club		04/01/2022		4,322		4,378		1,609
187419808.SRDLC, 28.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		2,313		2,330		2,332
187420524.SRDLC, 30.99%, 03/18/2027 (a)(o)(r)	Lending Club		03/22/2022		6,749		6,837		908
187423593.SRDLC, 17.99%, 03/25/2024 (a)(r)	Lending Club		03/22/2022		1,460		1,464		1,460
187425427.SRDLC, 30.99%, 03/29/2025 (a)(o)(r)	Lending Club		03/31/2022		5,116		5,165		5,088
187426440.SRDLC, 28.49%, 01/21/2028 (a)(o)(r)	Lending Club		03/23/2022		4,431		4,488		475
187427964.SRDLC, 30.99%, 03/31/2027 (a)(o)(r)	Lending Club		03/24/2022		13,108		13,279		5,102

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

50

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187428232.SRDLC, 10.00%, 07/28/2025 (a)(o)(r)	Lending Club		03/23/2022	$	2,264	$	2,291	$	1,640
187429515.SRDLC, 5.00%, 10/28/2025 (a)(o)(r)	Lending Club		03/23/2022		2,903		2,941		2,025
187430493.SRDLC, 28.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,144		2,160		2,114
187433972.SRDLC, 19.99%, 03/29/2025 (a)(o)(r)	Lending Club		03/31/2022		8,795		8,909		8,667
187435110.SRDLC, 17.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		537		541		530
187435569.SRDLC, 30.99%, 03/22/2027 (a)(r)	Lending Club		03/23/2022		16,569		16,746		16,581
187437735.SRDLC, 28.99%, 04/05/2025 (a)(o)(r)	Lending Club		03/23/2022		304		308		7
187441218.SRDLC, 13.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		4,194		4,222		4,140
187441493.SRDLC, 30.49%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		16,516		16,691		16,555
187441544.SRDLC, 30.99%, 07/21/2025 (a)(r)	Lending Club		03/23/2022		5,710		5,765		5,673
187442318.SRDLC, 17.99%, 03/02/2025 (a)(o)(r)	Lending Club		03/23/2022		5,734		5,773		5,612
187442715.SRDLC, 25.49%, 03/21/2027 (a)(o)(r)	Lending Club		03/23/2022		17,295		17,520		2,328
187444837.SRDLC, 30.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/23/2022		7,296		7,391		982
187445072.SRDLC, 18.49%, 03/31/2025 (a)(r)	Lending Club		03/23/2022		1,642		1,654		1,604
187446671.SRDLC, 28.99%, 03/31/2025 (a)(o)(r)	Lending Club		03/23/2022		2,555		2,588		344
187447300.SRDLC, 30.49%, 04/01/2027 (a)(o)(r)	Lending Club		03/23/2022		5,503		5,575		741
187447743.SRDLC, 30.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		8,277		8,365		8,297
187447912.SRDLC, 30.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		12,361		12,489		12,440
187448298.SRDLC, 30.99%, 03/22/2025 (a)(o)(r)	Lending Club		03/24/2022		3,111		3,151		3,115
187449396.SRDLC, 18.99%, 03/22/2027 (a)(r)	Lending Club		03/24/2022		12,447		12,572		12,179
187452870.SRDLC, 21.49%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		5,293		5,336		5,090
187453785.SRDLC, 25.49%, 03/21/2027 (a)(o)(r)	Lending Club		03/23/2022		17,176		17,399		2,919
187454106.SRDLC, 22.74%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		2,671		2,690		2,680
187454945.SRDLC, 22.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		4,178		4,207		4,211
187455901.SRDLC, 22.74%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		1,112		1,120		1,121
187456488.SRDLC, 30.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		8,277		8,365		8,297
187456902.SRDLC, 21.49%, 03/28/2025 (a)(o)(r)	Lending Club		03/30/2022		6,582		6,667		—
187457770.SRDLC, 22.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		1,783		1,795		1,797
187460656.SRDLC, 22.49%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		6,364		6,447		1,153
187462931.SRDLC, 30.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		12,415		12,548		12,446
187465329.SRDLC, 16.99%, 03/21/2027 (a)(o)(r)	Lending Club		03/23/2022		12,629		12,793		1,700
187467222.SRDLC, 20.49%, 03/23/2025 (a)(o)(r)	Lending Club		03/25/2022		2,720		2,731		2,699
187467259.SRDLC, 17.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		3,559		3,583		3,506
187469218.SRDLC, 25.49%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		11,316		11,433		11,277
187470501.SRDLC, 25.49%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		8,059		8,143		8,041
187474710.SRDLC, 24.49%, 03/08/2024 (a)(r)	Lending Club		03/23/2022		2,967		2,976		2,988
187474925.SRDLC, 30.99%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		9,386		9,428		9,390
187475141.SRDLC, 23.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		2,235		2,251		2,253
187475589.SRDLC, 24.99%, 03/24/2027 (a)(o)(r)	Lending Club		03/23/2022		8,406		8,515		1,131
187479960.SRDLC, 30.99%, 03/22/2025 (a)(o)(r)	Lending Club		03/23/2022		7,373		7,469		992
187480312.SRDLC, 25.99%, 03/15/2027 (a)(r)	Lending Club		03/28/2022		4,791		4,840		4,782
187480766.SRDLC, 30.99%, 03/23/2027 (a)(o)(r)	Lending Club		03/23/2022		8,867		8,983		1,194
187480898.SRDLC, 30.49%, 03/21/2026 (a)(r)	Lending Club		03/23/2022		14,772		14,908		14,814
187481988.SRDLC, 22.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		5,196		5,264		699
187483864.SRDLC, 22.99%, 03/21/2024 (a)(r)	Lending Club		03/23/2022		1,484		1,489		1,502
187484926.SRDLC, 19.99%, 06/22/2024 (a)(o)(r)	Lending Club		03/24/2022		2,306		2,313		1,905
187486081.SRDLC, 30.99%, 10/19/2025 (a)(o)(r)	Lending Club		04/06/2022		8,769		8,883		1,180
187486551.SRDLC, 28.49%, 03/31/2025 (a)(r)	Lending Club		03/23/2022		1,727		1,739		1,741
187487027.SRDLC, 21.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		6,649		6,689		6,598
187488781.SRDLC, 5.00%, 09/21/2025 (a)(o)(r)	Lending Club		03/23/2022		3,183		3,225		2,212
187489002.SRDLC, 17.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		2,417		2,433		2,387
187489246.SRDLC, 24.49%, 03/21/2027 (a)(r)	Lending Club		03/23/2022		5,329		5,384		5,314
187493017.SRDLC, 30.99%, 06/22/2028 (a)(o)(r)	Lending Club		03/24/2022		9,482		9,605		2,389
187493907.SRDLC, 24.99%, 03/21/2025 (a)(o)(r)	Lending Club		03/23/2022		1,760		1,773		1,770
187495095.SRDLC, 18.99%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		3,038		3,059		3,024
187495162.SRDLC, 21.99%, 03/21/2026 (a)(r)	Lending Club		03/23/2022		2,111		2,130		2,083
187496148.SRDLC, 20.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		904		910		900

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

51

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187499615.SRDLC, 17.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022	$	4,297	$	4,326	$	4,243
187504263.SRDLC, 18.99%, 04/19/2027 (a)(r)	Lending Club		04/06/2022		5,772		5,831		5,548
187507529.SRDLC, 19.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		1,802		1,815		1,789
187509207.SRDLC, 30.49%, 03/21/2025 (a)(r)	Lending Club		03/23/2022		4,736		4,760		4,753
187510418.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		03/30/2022		12,696		12,837		12,548
187511213.SRDLC, 26.49%, 03/24/2025 (a)(r)	Lending Club		03/28/2022		3,703		3,730		3,738
187512182.SRDLC, 25.49%, 03/28/2027 (a)(r)	Lending Club		03/24/2022		7,785		7,862		7,772
187515864.SRDLC, 13.99%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		3,932		3,958		3,882
187515959.SRDLC, 22.99%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		1,117		1,129		1,121
187515980.SRDLC, 24.99%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		8,039		8,122		8,028
187516507.SRDLC, 6.99%, 04/15/2025 (a)(r)	Lending Club		04/08/2022		11,598		11,598		11,407
187518035.SRDLC, 20.49%, 03/29/2025 (a)(r)	Lending Club		03/24/2022		3,288		3,306		3,271
187518043.SRDLC, 29.74%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		2,790		2,810		2,814
187518225.SRDLC, 20.49%, 03/23/2027 (a)(r)	Lending Club		03/25/2022		4,708		4,755		4,609
187518895.SRDLC, 22.49%, 03/23/2027 (a)(r)	Lending Club		03/25/2022		6,664		6,732		6,528
187519245.SRDLC, 30.49%, 03/02/2027 (a)(o)(r)	Lending Club		03/25/2022		10,391		10,526		3,868
187520954.SRDLC, 22.49%, 04/06/2027 (a)(o)(r)	Lending Club		03/24/2022		9,512		9,636		1,280
187523529.SRDLC, 30.49%, 04/15/2027 (a)(o)(r)	Lending Club		04/07/2022		9,238		9,358		8,975
187524265.SRDLC, 24.99%, 03/22/2027 (a)(o)(r)	Lending Club		03/24/2022		5,068		5,134		1,170
187526342.SRDLC, 19.49%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		4,118		4,147		4,042
187526379.SRDLC, 5.99%, 04/15/2025 (a)(r)	Lending Club		04/13/2022		20,925		20,925		20,576
187528155.SRDLC, 23.99%, 05/23/2025 (a)(r)	Lending Club		04/29/2022		7,099		7,099		6,909
187529725.SRDLC, 28.99%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		11,587		11,705		11,628
187530390.SRDLC, 28.99%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		1,735		1,748		1,751
187531570.SRDLC, 25.49%, 03/22/2025 (a)(r)	Lending Club		03/24/2022		4,422		4,455		4,441
187532223.SRDLC, 22.49%, 03/22/2027 (a)(o)(r)	Lending Club		03/24/2022		5,601		5,657		5,473
187534180.SRDLC, 5.59%, 04/03/2025 (a)(o)(r)	Lending Club		04/14/2022		74		74		10
187540531.SRDLC, 22.99%, 03/23/2025 (a)(r)	Lending Club		03/24/2022		5,576		5,616		5,600
187542274.SRDLC, 30.49%, 03/22/2027 (a)(o)(r)	Lending Club		03/24/2022		7,467		7,564		1,005
187542436.SRDLC, 30.49%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		8,261		8,349		8,276
187543108.SRDLC, 23.99%, 03/23/2027 (a)(o)(r)	Lending Club		03/25/2022		12,183		12,298		12,139
187547112.SRDLC, 23.49%, 04/01/2027 (a)(o)(r)	Lending Club		03/25/2022		4,314		4,370		581
187547337.SRDLC, 19.49%, 03/30/2025 (a)(o)(r)	Lending Club		04/01/2022		3,343		3,386		450
187547558.SRDLC, 30.99%, 03/25/2027 (a)(o)(r)	Lending Club		03/29/2022		4,199		4,244		4,202
187547562.SRDLC, 30.99%, 03/24/2025 (a)(o)(r)	Lending Club		03/28/2022		5,522		5,594		454
187547644.SRDLC, 15.00%, 08/17/2025 (a)(o)(r)	Lending Club		04/11/2022		16,578		16,578		11,624
187547926.SRDLC, 19.49%, 03/25/2025 (a)(r)	Lending Club		03/29/2022		2,722		2,741		2,713
187548600.SRDLC, 30.49%, 04/09/2027 (a)(r)	Lending Club		03/28/2022		4,763		4,800		4,702
187548602.SRDLC, 22.49%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		7,934		8,016		7,771
187548640.SRDLC, 19.49%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		6,826		6,894		6,680
187548817.SRDLC, 19.99%, 03/25/2025 (a)(r)	Lending Club		03/29/2022		1,365		1,375		1,361
187551152.SRDLC, 30.99%, 03/22/2027 (a)(o)(r)	Lending Club		03/24/2022		6,021		6,099		6,005
187552176.SRDLC, 28.49%, 04/01/2027 (a)(r)	Lending Club		03/28/2022		7,124		7,202		7,003
187552397.SRDLC, 24.99%, 03/23/2025 (a)(r)	Lending Club		03/25/2022		4,232		4,260		4,270
187552655.SRDLC, 15.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		12,149		12,234		11,965
187552772.SRDLC, 22.74%, 03/31/2025 (a)(r)	Lending Club		03/28/2022		3,372		3,398		3,341
187559830.SRDLC, 23.99%, 03/30/2025 (a)(r)	Lending Club		03/25/2022		5,654		5,695		5,696
187560748.SRDLC, 21.99%, 06/30/2026 (a)(o)(r)	Lending Club		03/25/2022		4,963		5,007		4,807
187561457.SRDLC, 30.99%, 03/23/2025 (a)(o)(r)	Lending Club		03/25/2022		828		839		50
187562521.SRDLC, 30.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		8,789		8,845		8,851
187566077.SRDLC, 29.49%, 04/02/2026 (a)(r)	Lending Club		04/08/2022		7,467		7,538		7,318
187566191.SRDLC, 30.99%, 04/06/2027 (a)(r)	Lending Club		04/08/2022		4,195		4,240		4,084
187568029.SRDLC, 30.99%, 03/25/2027 (a)(r)	Lending Club		03/25/2022		12,449		12,579		12,482
187569851.SRDLC, 23.49%, 08/14/2027 (a)(o)(r)	Lending Club		04/01/2022		12,831		12,988		12,476
187571871.SRDLC, 7.49%, 04/22/2027 (a)(r)	Lending Club		04/20/2022		1,700		1,700		1,654
187572979.SRDLC, 18.24%, 03/20/2025 (a)(r)	Lending Club		03/30/2022		2,422		2,439		2,391
187573654.SRDLC, 9.59%, 04/16/2025 (a)(r)	Lending Club		04/14/2022		13,485		13,485		13,238

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

52

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187575336.SRDLC, 23.49%, 03/23/2027 (a)(o)(r)	Lending Club		03/25/2022	$	8,500	$	8,610	$	1,144
187576025.SRDLC, 30.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		9,932		10,046		9,830
187581030.SRDLC, 30.99%, 03/26/2027 (a)(o)(r)	Lending Club		03/25/2022		9,315		9,436		—
187583183.SRDLC, 30.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		2,459		2,476		2,471
187583199.SRDLC, 30.49%, 03/29/2027 (a)(o)(r)	Lending Club		03/31/2022		8,998		9,115		1,211
187583216.SRDLC, 25.99%, 04/17/2027 (a)(o)(r)	Lending Club		04/14/2022		12,900		12,900		1,736
187585796.SRDLC, 28.99%, 03/23/2024 (a)(r)	Lending Club		03/25/2022		619		621		629
187587017.SRDLC, 26.49%, 03/29/2025 (a)(r)	Lending Club		03/31/2022		6,819		6,866		6,855
187587643.SRDLC, 27.99%, 03/23/2025 (a)(r)	Lending Club		03/25/2022		6,954		6,999		6,983
187592785.SRDLC, 30.99%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		8,277		8,365		8,312
187593124.SRDLC, 17.99%, 03/23/2025 (a)(r)	Lending Club		03/25/2022		2,425		2,442		2,396
187593444.SRDLC, 23.99%, 04/13/2027 (a)(o)(r)	Lending Club		04/15/2022		16,951		16,951		2,282
187593665.SRDLC, 21.49%, 03/24/2026 (a)(r)	Lending Club		03/28/2022		4,910		4,955		4,848
187593758.SRDLC, 15.99%, 03/23/2025 (a)(o)(r)	Lending Club		03/25/2022		2,237		2,252		2,204
187594268.SRDLC, 22.49%, 03/23/2025 (a)(r)	Lending Club		03/25/2022		587		591		585
187595243.SRDLC, 23.49%, 03/28/2025 (a)(r)	Lending Club		03/25/2022		4,202		4,233		4,230
187595700.SRDLC, 21.49%, 03/23/2025 (a)(r)	Lending Club		03/25/2022		2,758		2,778		2,748
187596231.SRDLC, 24.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		5,542		5,563		5,600
187597607.SRDLC, 30.99%, 03/31/2027 (a)(r)	Lending Club		04/04/2022		19,440		19,691		19,243
187601450.SRDLC, 27.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		6,870		6,913		6,764
187606448.SRDLC, 30.99%, 03/24/2027 (a)(o)(r)	Lending Club		03/28/2022		13,808		13,988		1,859
187609056.SRDLC, 30.99%, 04/08/2027 (a)(o)(r)	Lending Club		03/28/2022		8,684		8,796		3,259
187609294.SRDLC, 16.49%, 03/24/2025 (a)(r)	Lending Club		03/28/2022		1,600		1,611		1,581
187611557.SRDLC, 26.99%, 03/24/2025 (a)(r)	Lending Club		03/28/2022		1,714		1,727		1,731
187616322.SRDLC, 9.99%, 04/07/2027 (a)(r)	Lending Club		04/06/2022		12,020		12,020		11,729
187618422.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		4,356		4,413		366
187620736.SRDLC, 30.99%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		8,277		8,365		8,312
187621853.SRDLC, 30.99%, 03/31/2025 (a)(o)(r)	Lending Club		03/28/2022		7,927		8,031		1,067
187621898.SRDLC, 23.99%, 04/28/2027 (a)(o)(r)	Lending Club		04/15/2022		22,466		22,465		—
187624729.SRDLC, 30.99%, 03/05/2025 (a)(o)(r)	Lending Club		03/28/2022		2,620		2,640		2,598
187625273.SRDLC, 27.49%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		4,884		4,935		4,902
187626903.SRDLC, 23.99%, 04/03/2027 (a)(r)	Lending Club		03/29/2022		13,771		13,914		13,567
187628074.SRDLC, 11.99%, 03/24/2024 (a)(r)	Lending Club		03/28/2022		2,281		2,287		2,283
187629164.SRDLC, 30.49%, 03/25/2027 (a)(r)	Lending Club		03/29/2022		8,258		8,346		8,297
187632542.SRDLC, 23.74%, 03/27/2025 (a)(r)	Lending Club		03/29/2022		561		565		564
187637005.SRDLC, 16.99%, 03/28/2025 (a)(o)(r)	Lending Club		03/30/2022		3,460		3,505		3,404
187638238.SRDLC, 30.99%, 03/15/2025 (a)(o)(r)	Lending Club		03/29/2022		2,982		3,005		3,000
187641240.SRDLC, 26.24%, 03/24/2025 (a)(r)	Lending Club		03/28/2022		1,706		1,719		1,723
187641863.SRDLC, 25.49%, 07/29/2025 (a)(o)(r)	Lending Club		03/31/2022		5,480		5,551		1,395
187642052.SRDLC, 30.99%, 03/31/2027 (a)(r)	Lending Club		03/30/2022		4,154		4,199		4,166
187643474.SRDLC, 21.99%, 03/24/2027 (a)(r)	Lending Club		03/28/2022		5,538		5,595		5,426
187643783.SRDLC, 15.19%, 04/15/2025 (a)(o)(r)	Lending Club		04/19/2022		3,454		3,454		465
187646172.SRDLC, 28.49%, 03/28/2025 (a)(o)(r)	Lending Club		03/30/2022		3,535		3,581		476
187646351.SRDLC, 30.99%, 03/29/2026 (a)(r)	Lending Club		03/31/2022		888		896		885
187646651.SRDLC, 28.49%, 03/25/2025 (a)(r)	Lending Club		03/29/2022		633		638		631
187648874.SRDLC, 30.99%, 03/25/2027 (a)(o)(r)	Lending Club		03/29/2022		4,407		4,464		593
187649484.SRDLC, 23.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,346		1,352		1,354
187653936.SRDLC, 30.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		3,617		3,644		3,568
187657079.SRDLC, 30.49%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		4,129		4,173		4,156
187660527.SRDLC, 30.99%, 04/10/2027 (a)(o)(r)	Lending Club		04/06/2022		8,998		9,115		113
187664282.SRDLC, 17.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,940		1,953		1,919
187666286.SRDLC, 7.49%, 04/12/2025 (a)(r)	Lending Club		04/14/2022		3,168		3,168		3,117
187666337.SRDLC, 30.99%, 03/25/2025 (a)(r)	Lending Club		03/29/2022		585		590		592
187670344.SRDLC, 30.99%, 03/25/2025 (a)(o)(r)	Lending Club		03/29/2022		1,375		1,390		1,385
187671142.SRDLC, 20.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		7,999		8,080		7,702
187672826.SRDLC, 30.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		11,918		12,056		11,796
187675115.SRDLC, 30.99%, 03/31/2027 (a)(o)(r)	Lending Club		03/30/2022		4,438		4,496		1,749

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

53

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187678597.SRDLC, 28.49%, 03/30/2025 (a)(r)	Lending Club		04/01/2022	$	2,883	$	2,906	$	2,896
187680243.SRDLC, 19.49%, 03/25/2025 (a)(r)	Lending Club		03/29/2022		8,194		8,243		8,116
187681770.SRDLC, 22.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		834		840		844
187682075.SRDLC, 17.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		4,061		4,090		3,968
187683385.SRDLC, 19.49%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		9,362		9,456		9,176
187683447.SRDLC, 20.99%, 03/30/2025 (a)(o)(r)	Lending Club		04/01/2022		3,286		3,329		252
187683918.SRDLC, 23.49%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		8,092		8,181		7,917
187683952.SRDLC, 30.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		3,055		3,078		3,013
187684046.SRDLC, 25.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		4,101		4,144		4,015
187684901.SRDLC, 17.49%, 04/19/2025 (a)(r)	Lending Club		04/06/2022		4,851		4,885		4,731
187687190.SRDLC, 30.99%, 03/31/2025 (a)(o)(r)	Lending Club		03/30/2022		10,797		10,937		1,453
187688454.SRDLC, 13.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		2,621		2,639		2,591
187689256.SRDLC, 23.49%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		3,988		4,029		3,987
187691527.SRDLC, 16.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/30/2022		6,634		6,720		893
187692276.SRDLC, 5.00%, 03/28/2028 (a)(o)(r)	Lending Club		03/30/2022		10,839		10,956		10,723
187693942.SRDLC, 16.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,867		1,880		1,846
187695089.SRDLC, 30.99%, 03/30/2026 (a)(o)(r)	Lending Club		04/01/2022		2,902		2,939		391
187698352.SRDLC, 28.99%, 03/29/2025 (a)(r)	Lending Club		03/31/2022		1,041		1,048		1,045
187698781.SRDLC, 15.49%, 03/02/2025 (a)(r)	Lending Club		03/30/2022		5,595		5,633		5,474
187699788.SRDLC, 23.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/30/2022		22,312		22,602		3,003
187700256.SRDLC, 20.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,763		2,783		2,711
187701388.SRDLC, 28.49%, 03/11/2027 (a)(r)	Lending Club		03/30/2022		6,756		6,826		6,687
187701762.SRDLC, 30.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/30/2022		11,812		11,966		1,590
187705680.SRDLC, 28.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		2,603		2,623		2,635
187708178.SRDLC, 30.49%, 04/03/2025 (a)(r)	Lending Club		03/30/2022		2,222		2,239		2,196
187708340.SRDLC, 0.00%, 05/15/2028 (a)(r)	Lending Club		04/13/2022		9,154		9,273		5,690
187708889.SRDLC, 20.49%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		19,944		20,147		19,201
187708953.SRDLC, 21.49%, 08/04/2024 (a)(o)(r)	Lending Club		04/06/2022		3,027		3,066		227
187709072.SRDLC, 30.99%, 10/15/2027 (a)(o)(r)	Lending Club		04/06/2022		9,540		9,664		985
187711920.SRDLC, 28.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,735		1,748		1,756
187711960.SRDLC, 21.49%, 03/30/2027 (a)(r)	Lending Club		03/30/2022		6,321		6,384		6,192
187712696.SRDLC, 28.99%, 07/28/2025 (a)(o)(r)	Lending Club		03/30/2022		3,330		3,373		3,308
187715822.SRDLC, 30.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		12,415		12,548		12,497
187716768.SRDLC, 28.49%, 03/29/2025 (a)(r)	Lending Club		03/31/2022		750		755		753
187717342.SRDLC, 15.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		2,658		2,676		2,628
187720227.SRDLC, 30.99%, 03/28/2026 (a)(r)	Lending Club		03/30/2022		1,777		1,793		1,794
187721287.SRDLC, 14.04%, 03/09/2026 (a)(r)	Lending Club		03/30/2022		2,207		2,226		2,108
187721323.SRDLC, 21.74%, 03/15/2027 (a)(o)(r)	Lending Club		03/30/2022		3,892		3,935		3,803
187724339.SRDLC, 30.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,757		2,778		2,720
187725925.SRDLC, 25.24%, 04/05/2026 (a)(o)(r)	Lending Club		03/30/2022		4,613		4,673		621
187726419.SRDLC, 30.49%, 02/28/2028 (a)(o)(r)	Lending Club		03/30/2022		6,866		6,956		924
187726884.SRDLC, 23.49%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		4,785		4,835		4,784
187727701.SRDLC, 28.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,735		1,748		1,756
187727906.SRDLC, 29.74%, 03/28/2025 (a)(o)(r)	Lending Club		03/30/2022		3,081		3,114		3,094
187728775.SRDLC, 20.99%, 03/05/2025 (a)(o)(r)	Lending Club		03/30/2022		2,358		2,389		—
187729933.SRDLC, 30.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		4,195		4,240		4,078
187730016.SRDLC, 26.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,025		1,033		1,037
187730103.SRDLC, 30.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		4,099		4,130		4,149
187732651.SRDLC, 17.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		6,467		6,512		6,396
187733555.SRDLC, 30.99%, 05/29/2028 (a)(r)	Lending Club		03/31/2022		13,662		13,832		13,185
187734013.SRDLC, 24.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		606		610		610
187734606.SRDLC, 30.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		4,138		4,181		4,166
187734741.SRDLC, 22.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		2,440		2,455		2,457
187737195.SRDLC, 28.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,154		1,163		1,168
187737593.SRDLC, 28.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		2,892		2,914		2,927
187738310.SRDLC, 30.99%, 03/10/2027 (a)(o)(r)	Lending Club		03/31/2022		6,817		6,890		6,613
187738763.SRDLC, 15.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		4,784		4,817		4,731

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

54

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187738813.SRDLC, 15.00%, 08/31/2027 (a)(o)(r)	Lending Club		03/30/2022	$	12,901	$	13,068	$	7,174
187739186.SRDLC, 28.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		9,840		9,941		9,901
187740004.SRDLC, 17.99%, 03/15/2025 (a)(r)	Lending Club		03/30/2022		3,183		3,205		3,143
187740151.SRDLC, 22.74%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,780		1,792		1,799
187740881.SRDLC, 22.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		3,332		3,355		3,325
187741210.SRDLC, 30.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		8,784		8,850		8,892
187742712.SRDLC, 30.99%, 04/17/2027 (a)(r)	Lending Club		04/06/2022		6,374		6,447		6,215
187743339.SRDLC, 14.49%, 03/18/2025 (a)(r)	Lending Club		03/30/2022		2,886		2,906		2,847
187744064.SRDLC, 18.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		8,681		8,741		8,660
187744547.SRDLC, 28.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		865		871		875
187744622.SRDLC, 20.49%, 03/15/2025 (a)(o)(r)	Lending Club		03/30/2022		8,025		8,129		1,080
187746188.SRDLC, 19.49%, 04/01/2025 (a)(r)	Lending Club		03/31/2022		4,817		4,849		4,700
187746746.SRDLC, 28.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		2,884		2,905		2,918
187746983.SRDLC, 23.99%, 03/31/2025 (a)(r)	Lending Club		03/30/2022		2,252		2,268		2,262
187749050.SRDLC, 30.99%, 09/28/2027 (a)(o)(r)	Lending Club		03/30/2022		5,299		5,361		5,267
187749843.SRDLC, 25.99%, 07/31/2025 (a)(o)(r)	Lending Club		03/30/2022		11,637		11,777		2,247
187751211.SRDLC, 30.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		62		63		62
187751530.SRDLC, 18.49%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		3,946		3,986		3,667
187752645.SRDLC, 26.99%, 03/28/2024 (a)(o)(r)	Lending Club		03/30/2022		2,623		2,658		353
187753460.SRDLC, 30.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		4,138		4,183		4,166
187754067.SRDLC, 17.49%, 03/28/2026 (a)(r)	Lending Club		03/30/2022		3,422		3,451		3,287
187754377.SRDLC, 28.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		5,760		5,803		5,829
187755696.SRDLC, 30.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		8,782		8,853		8,824
187755875.SRDLC, 17.49%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		1,343		1,352		1,328
187756826.SRDLC, 17.99%, 04/10/2025 (a)(r)	Lending Club		03/30/2022		3,474		3,499		3,400
187758892.SRDLC, 20.49%, 03/29/2025 (a)(r)	Lending Club		03/31/2022		5,480		5,517		5,438
187760320.SRDLC, 27.49%, 03/01/2027 (a)(o)(r)	Lending Club		03/30/2022		9,944		10,049		9,803
187762428.SRDLC, 30.49%, 04/20/2027 (a)(r)	Lending Club		04/07/2022		6,137		6,208		5,951
187763202.SRDLC, 22.99%, 03/28/2025 (a)(r)	Lending Club		03/30/2022		3,899		3,927		3,942
187764071.SRDLC, 19.49%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		2,613		2,632		2,593
187764471.SRDLC, 22.49%, 05/13/2025 (a)(r)	Lending Club		04/14/2022		14,576		14,684		14,294
187764798.SRDLC, 22.99%, 03/29/2025 (a)(r)	Lending Club		03/31/2022		4,456		4,487		4,478
187765017.SRDLC, 22.99%, 03/30/2025 (a)(o)(r)	Lending Club		04/01/2022		2,759		2,794		—
187765049.SRDLC, 27.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		8,968		9,039		9,008
187765326.SRDLC, 30.99%, 03/28/2027 (a)(o)(r)	Lending Club		03/30/2022		5,288		5,357		712
187765977.SRDLC, 19.49%, 04/15/2027 (a)(r)	Lending Club		04/01/2022		8,042		8,124		7,720
187766134.SRDLC, 24.99%, 03/28/2027 (a)(r)	Lending Club		03/30/2022		10,451		10,560		10,431
187767443.SRDLC, 30.99%, 03/29/2027 (a)(o)(r)	Lending Club		03/31/2022		6,990		7,081		1,699
187768851.SRDLC, 22.99%, 03/05/2025 (a)(o)(r)	Lending Club		04/01/2022		6,309		6,391		2,778
187768946.SRDLC, 12.54%, 04/15/2025 (a)(o)(r)	Lending Club		04/06/2022		7,660		7,760		1,031
187770730.SRDLC, 19.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		2,458		2,476		2,439
187770978.SRDLC, 30.49%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		3,508		3,508		3,504
187771530.SRDLC, 15.99%, 09/18/2025 (a)(o)(r)	Lending Club		04/08/2022		13,461		13,627		13,043
187771765.SRDLC, 30.99%, 03/20/2025 (a)(r)	Lending Club		04/01/2022		858		864		859
187772030.SRDLC, 30.49%, 04/21/2027 (a)(o)(r)	Lending Club		04/01/2022		9,436		9,559		1,270
187772301.SRDLC, 30.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		6,444		6,488		6,354
187773011.SRDLC, 13.19%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		19,134		19,134		18,816
187773626.SRDLC, 14.24%, 03/10/2025 (a)(o)(r)	Lending Club		04/01/2022		1,641		1,652		1,604
187774067.SRDLC, 30.99%, 04/13/2025 (a)(o)(r)	Lending Club		04/07/2022		5,530		5,602		744
187775635.SRDLC, 22.49%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		3,966		4,009		3,855
187776367.SRDLC, 22.74%, 03/30/2025 (a)(o)(r)	Lending Club		04/01/2022		3,541		3,587		477
187777756.SRDLC, 30.99%, 03/30/2027 (a)(o)(r)	Lending Club		04/01/2022		4,730		4,792		4,676
187778653.SRDLC, 30.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		338		342		336
187779942.SRDLC, 10.00%, 08/30/2025 (a)(o)(r)	Lending Club		04/01/2022		2,409		2,440		1,762
187780414.SRDLC, 18.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		3,255		3,279		3,230
187780746.SRDLC, 21.49%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		6,159		6,239		5,973
187781026.SRDLC, 17.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		2,694		2,714		2,654

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

55

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187781877.SRDLC, 15.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022	$	1,118	$	1,126	$	1,093
187782545.SRDLC, 16.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		11,532		11,652		10,809
187783446.SRDLC, 18.49%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		3,235		3,257		3,187
187784224.SRDLC, 22.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		2,228		2,245		2,240
187784638.SRDLC, 22.99%, 03/02/2025 (a)(o)(r)	Lending Club		04/01/2022		3,851		3,901		518
187784777.SRDLC, 28.49%, 04/04/2025 (a)(r)	Lending Club		04/01/2022		3,652		3,680		3,575
187786026.SRDLC, 30.99%, 03/30/2027 (a)(r)	Lending Club		04/01/2022		4,967		5,025		4,892
187789570.SRDLC, 22.49%, 08/30/2025 (a)(o)(r)	Lending Club		04/01/2022		2,064		2,089		875
187790097.SRDLC, 24.99%, 03/30/2025 (a)(o)(r)	Lending Club		04/01/2022		1,125		1,140		200
187790872.SRDLC, 30.99%, 03/02/2027 (a)(o)(r)	Lending Club		04/01/2022		5,044		5,103		4,881
187793076.SRDLC, 28.99%, 04/03/2025 (a)(r)	Lending Club		04/01/2022		2,196		2,212		2,148
187793104.SRDLC, 28.99%, 03/30/2025 (a)(o)(r)	Lending Club		04/01/2022		7,894		7,997		1,063
187794659.SRDLC, 15.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,957		1,971		1,912
187795721.SRDLC, 7.49%, 04/13/2025 (a)(r)	Lending Club		04/15/2022		5,808		5,808		5,715
187796391.SRDLC, 27.99%, 04/15/2025 (a)(r)	Lending Club		04/01/2022		622		629		611
187799361.SRDLC, 16.99%, 03/31/2027 (a)(r)	Lending Club		04/01/2022		10,001		10,102		9,269
187800170.SRDLC, 30.99%, 03/05/2025 (a)(o)(r)	Lending Club		04/01/2022		1,732		1,745		1,699
187801163.SRDLC, 21.99%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		6,080		6,158		2,681
187802573.SRDLC, 30.99%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		4,694		4,755		632
187803166.SRDLC, 19.49%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		1,359		1,369		1,349
187804147.SRDLC, 22.99%, 03/30/2025 (a)(r)	Lending Club		04/01/2022		1,671		1,684		1,680
187804192.SRDLC, 6.99%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		4,481		4,481		4,408
187810172.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		13,930		14,111		—
187812001.SRDLC, 30.49%, 01/04/2028 (a)(o)(r)	Lending Club		04/06/2022		4,726		4,788		1,031
187812184.SRDLC, 28.99%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		1,211		1,221		1,196
187813470.SRDLC, 30.99%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		2,287		2,317		166
187814662.SRDLC, 30.99%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		4,195		4,240		4,081
187814754.SRDLC, 5.00%, 04/18/2028 (a)(o)(r)	Lending Club		04/07/2022		13,736		13,914		8,354
187815910.SRDLC, 26.99%, 04/18/2025 (a)(r)	Lending Club		04/06/2022		9,214		9,282		9,068
187816052.SRDLC, 28.49%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		3,940		3,992		964
187817752.SRDLC, 22.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,338		2,355		2,318
187820470.SRDLC, 20.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,155		1,163		1,133
187821270.SRDLC, 30.49%, 04/15/2025 (a)(r)	Lending Club		04/06/2022		2,490		2,507		2,458
187821300.SRDLC, 30.49%, 04/07/2025 (a)(r)	Lending Club		04/06/2022		1,844		1,858		1,812
187822317.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		5,726		5,800		771
187823371.SRDLC, 30.99%, 04/13/2027 (a)(r)	Lending Club		04/06/2022		12,770		12,933		12,366
187824476.SRDLC, 21.99%, 04/05/2025 (a)(o)(r)	Lending Club		04/06/2022		7,650		7,748		7,484
187825124.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		11,736		11,889		1,580
187830962.SRDLC, 12.54%, 04/10/2025 (a)(r)	Lending Club		04/06/2022		3,855		3,880		3,758
187832105.SRDLC, 30.99%, 05/28/2027 (a)(r)	Lending Club		04/06/2022		12,293		12,425		12,192
187832338.SRDLC, 22.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		8,769		8,832		8,691
187833165.SRDLC, 30.99%, 04/15/2027 (a)(r)	Lending Club		04/06/2022		5,121		5,180		4,960
187835742.SRDLC, 15.49%, 04/07/2025 (a)(r)	Lending Club		04/06/2022		5,647		5,720		5,503
187836068.SRDLC, 30.99%, 04/19/2027 (a)(r)	Lending Club		04/06/2022		7,175		7,257		7,004
187838477.SRDLC, 30.99%, 04/15/2025 (a)(o)(r)	Lending Club		04/06/2022		9,324		9,445		1,255
187839088.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		13,683		13,861		2,151
187840012.SRDLC, 19.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,059		2,074		2,020
187843197.SRDLC, 11.99%, 04/19/2027 (a)(r)	Lending Club		04/06/2022		13,774		13,774		13,450
187843892.SRDLC, 24.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,367		2,384		2,346
187844022.SRDLC, 30.99%, 04/10/2027 (a)(r)	Lending Club		04/06/2022		12,693		12,858		12,355
187844865.SRDLC, 20.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,727		1,739		1,694
187845740.SRDLC, 30.99%, 04/30/2025 (a)(o)(r)	Lending Club		04/06/2022		6,733		6,821		906
187846033.SRDLC, 17.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		3,683		3,708		3,598
187847354.SRDLC, 15.00%, 09/04/2027 (a)(o)(r)	Lending Club		04/06/2022		21,650		21,928		11,970
187847388.SRDLC, 13.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,484		2,501		2,426
187847747.SRDLC, 5.00%, 04/04/2026 (a)(o)(r)	Lending Club		04/06/2022		3,256		3,268		3,160
187848474.SRDLC, 30.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		1,103		1,111		1,088

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

56

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187849251.SRDLC, 30.99%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022	$	2,859	$	2,896	$	79
187849309.SRDLC, 28.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		7,275		7,320		7,133
187850176.SRDLC, 28.49%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		2,451		2,483		330
187850551.SRDLC, 30.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,895		2,916		2,850
187851090.SRDLC, 23.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,760		1,772		1,735
187852320.SRDLC, 26.49%, 04/18/2027 (a)(r)	Lending Club		04/06/2022		10,009		10,116		9,805
187853969.SRDLC, 29.99%, 04/08/2027 (a)(o)(r)	Lending Club		04/06/2022		7,942		8,045		439
187853993.SRDLC, 15.49%, 04/04/2024 (a)(r)	Lending Club		04/06/2022		421		423		418
187854140.SRDLC, 20.49%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		11,561		11,670		11,130
187854397.SRDLC, 30.99%, 08/04/2025 (a)(r)	Lending Club		04/06/2022		2,031		2,052		1,976
187854697.SRDLC, 22.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		4,012		4,054		3,925
187855775.SRDLC, 26.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,227		1,236		1,210
187857140.SRDLC, 30.99%, 04/18/2027 (a)(r)	Lending Club		04/06/2022		4,287		4,336		4,154
187857517.SRDLC, 17.99%, 04/10/2025 (a)(o)(r)	Lending Club		04/06/2022		1,727		1,749		1,685
187857930.SRDLC, 30.99%, 04/12/2025 (a)(r)	Lending Club		04/06/2022		6,221		6,269		6,132
187858022.SRDLC, 17.74%, 04/19/2025 (a)(r)	Lending Club		04/06/2022		2,876		2,896		2,804
187859053.SRDLC, 17.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,700		1,711		1,661
187859227.SRDLC, 20.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		3,741		3,768		3,672
187859323.SRDLC, 30.99%, 05/25/2027 (a)(r)	Lending Club		04/06/2022		12,231		12,363		12,126
187859532.SRDLC, 20.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,887		2,908		2,833
187859602.SRDLC, 30.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		612		617		604
187861515.SRDLC, 30.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		5,882		5,918		5,703
187862773.SRDLC, 28.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		4,349		4,382		4,289
187862799.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		1,507		1,527		926
187863084.SRDLC, 30.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		613		617		604
187864635.SRDLC, 24.99%, 09/20/2025 (a)(o)(r)	Lending Club		04/07/2022		4,950		5,014		4,772
187864708.SRDLC, 27.99%, 04/19/2027 (a)(r)	Lending Club		04/06/2022		15,110		15,302		14,779
187865693.SRDLC, 15.74%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		9,907		9,949		9,680
187865748.SRDLC, 16.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		3,378		3,401		3,300
187865773.SRDLC, 17.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		4,079		4,108		3,986
187865865.SRDLC, 30.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,225		1,235		1,209
187866166.SRDLC, 30.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		12,585		12,720		12,236
187866389.SRDLC, 30.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		4,195		4,240		4,078
187869709.SRDLC, 28.99%, 04/15/2027 (a)(r)	Lending Club		04/06/2022		15,208		15,381		14,722
187871047.SRDLC, 30.99%, 04/09/2025 (a)(r)	Lending Club		04/06/2022		3,710		3,738		3,650
187871605.SRDLC, 30.99%, 04/04/2027 (a)(o)(r)	Lending Club		04/06/2022		21,576		21,857		7,567
187872374.SRDLC, 24.99%, 08/12/2025 (a)(o)(r)	Lending Club		04/06/2022		3,265		3,308		—
187872598.SRDLC, 30.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		919		925		906
187873132.SRDLC, 17.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,503		2,520		2,446
187873200.SRDLC, 17.99%, 10/04/2025 (a)(o)(r)	Lending Club		04/06/2022		2,788		2,824		2,688
187873238.SRDLC, 25.99%, 04/17/2025 (a)(o)(r)	Lending Club		04/06/2022		5,090		5,128		5,031
187873507.SRDLC, 28.74%, 04/04/2026 (a)(r)	Lending Club		04/06/2022		7,488		7,559		7,336
187875633.SRDLC, 15.00%, 10/27/2027 (a)(o)(r)	Lending Club		04/08/2022		25,776		25,776		14,116
187875778.SRDLC, 6.79%, 04/15/2025 (a)(r)	Lending Club		04/19/2022		8,931		8,931		8,734
187876607.SRDLC, 15.99%, 04/19/2025 (a)(o)(r)	Lending Club		04/06/2022		1,799		1,811		1,752
187876882.SRDLC, 20.49%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		7,977		8,059		7,680
187877543.SRDLC, 26.49%, 04/19/2027 (a)(o)(r)	Lending Club		04/06/2022		10,954		11,096		1,474
187878586.SRDLC, 6.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,883		2,883		2,837
187881830.SRDLC, 30.99%, 04/15/2027 (a)(r)	Lending Club		04/06/2022		16,974		17,157		16,574
187883261.SRDLC, 16.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,821		2,840		2,748
187884247.SRDLC, 30.99%, 04/23/2027 (a)(o)(r)	Lending Club		04/06/2022		8,552		8,644		8,343
187884491.SRDLC, 30.99%, 04/17/2025 (a)(r)	Lending Club		04/06/2022		922		924		911
187887142.SRDLC, 24.49%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		6,514		6,581		6,375
187887270.SRDLC, 25.49%, 04/15/2025 (a)(r)	Lending Club		04/07/2022		5,952		5,996		5,899
187887355.SRDLC, 30.49%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		11,875		11,945		11,537
187887520.SRDLC, 26.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		12,360		12,360		12,057
187890698.SRDLC, 17.99%, 04/19/2025 (a)(r)	Lending Club		04/07/2022		3,146		3,168		3,075

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

57

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187891190.SRDLC, 24.99%, 04/06/2027 (a)(r)	Lending Club		04/08/2022	$	4,081	$	4,124	$	3,998
187895127.SRDLC, 27.99%, 04/15/2025 (a)(r)	Lending Club		04/06/2022		2,574		2,594		2,531
187899203.SRDLC, 24.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		12,770		12,863		12,661
187899456.SRDLC, 30.99%, 04/21/2027 (a)(o)(r)	Lending Club		04/08/2022		19,989		19,989		19,639
187899525.SRDLC, 24.99%, 04/07/2025 (a)(r)	Lending Club		04/11/2022		2,958		2,980		2,938
187899555.SRDLC, 19.99%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		3,801		3,828		3,733
187902334.SRDLC, 30.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		5,515		5,557		5,442
187903235.SRDLC, 30.99%, 02/03/2028 (a)(o)(r)	Lending Club		04/06/2022		4,521		4,579		2,706
187903875.SRDLC, 17.99%, 04/05/2025 (a)(o)(r)	Lending Club		04/07/2022		2,172		2,200		481
187903936.SRDLC, 29.99%, 04/10/2025 (a)(o)(r)	Lending Club		04/08/2022		4,269		4,324		575
187904384.SRDLC, 30.99%, 04/08/2027 (a)(o)(r)	Lending Club		04/07/2022		5,295		5,364		713
187904399.SRDLC, 17.99%, 08/25/2025 (a)(o)(r)	Lending Club		04/07/2022		3,951		4,002		476
187904645.SRDLC, 23.99%, 04/04/2025 (a)(o)(r)	Lending Club		04/06/2022		6,674		6,674		551
187904786.SRDLC, 30.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		1,834		1,847		1,810
187905066.SRDLC, 24.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		4,260		4,291		4,225
187905484.SRDLC, 15.00%, 08/28/2027 (a)(r)	Lending Club		04/08/2022		13,011		13,165		8,199
187906366.SRDLC, 30.99%, 04/05/2025 (a)(o)(r)	Lending Club		04/07/2022		14,567		14,757		1,961
187907513.SRDLC, 28.49%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		9,127		9,224		8,875
187909316.SRDLC, 30.99%, 04/05/2027 (a)(o)(r)	Lending Club		04/07/2022		4,505		4,564		606
187909377.SRDLC, 13.19%, 04/01/2025 (a)(r)	Lending Club		04/06/2022		3,563		3,563		3,467
187910215.SRDLC, 20.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		1,242		1,251		1,218
187910262.SRDLC, 15.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		4,476		4,504		4,360
187911176.SRDLC, 30.99%, 04/15/2027 (a)(o)(r)	Lending Club		04/06/2022		8,388		8,497		—
187914262.SRDLC, 30.99%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		16,780		16,960		16,325
187914526.SRDLC, 13.19%, 05/10/2025 (a)(o)(r)	Lending Club		04/28/2022		5,470		5,470		866
187916897.SRDLC, 30.99%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		7,048		7,109		6,856
187917757.SRDLC, 23.49%, 04/06/2025 (a)(o)(r)	Lending Club		04/08/2022		9,790		9,917		1,318
187920689.SRDLC, 25.49%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		5,595		5,655		5,478
187923397.SRDLC, 30.99%, 04/16/2027 (a)(r)	Lending Club		04/07/2022		12,776		12,922		12,448
187925186.SRDLC, 25.99%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		6,563		6,630		6,412
187925702.SRDLC, 23.99%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,352		2,352		2,298
187926595.SRDLC, 22.99%, 04/06/2025 (a)(o)(r)	Lending Club		04/08/2022		5,889		5,965		793
187926631.SRDLC, 26.74%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		12,346		12,476		11,999
187926998.SRDLC, 7.99%, 04/30/2025 (a)(r)	Lending Club		04/19/2022		6,402		6,402		6,283
187927267.SRDLC, 26.49%, 04/05/2027 (a)(o)(r)	Lending Club		04/07/2022		20,848		21,119		6,757
187930630.SRDLC, 27.99%, 04/20/2025 (a)(r)	Lending Club		04/07/2022		3,079		3,103		3,048
187934515.SRDLC, 30.99%, 11/20/2025 (a)(o)(r)	Lending Club		04/07/2022		13,301		13,474		1,790
187936291.SRDLC, 16.49%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		3,902		3,941		3,626
187936598.SRDLC, 28.99%, 04/15/2024 (a)(o)(r)	Lending Club		04/07/2022		3,950		4,001		532
187939726.SRDLC, 19.99%, 04/06/2027 (a)(r)	Lending Club		04/08/2022		7,934		8,014		7,641
187939812.SRDLC, 14.24%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		2,488		2,505		2,431
187940222.SRDLC, 23.49%, 09/19/2025 (a)(o)(r)	Lending Club		04/08/2022		17,818		17,954		17,395
187941246.SRDLC, 22.74%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		584		588		579
187941261.SRDLC, 30.99%, 04/06/2027 (a)(o)(r)	Lending Club		04/08/2022		21,860		22,145		7,710
187941743.SRDLC, 30.99%, 04/06/2027 (a)(o)(r)	Lending Club		04/08/2022		5,822		5,898		784
187943954.SRDLC, 9.99%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		30,011		30,011		29,203
187945171.SRDLC, 30.99%, 04/06/2027 (a)(o)(r)	Lending Club		04/08/2022		10,862		11,003		10,573
187945878.SRDLC, 15.49%, 04/15/2024 (a)(o)(r)	Lending Club		04/08/2022		1,650		1,671		222
187947629.SRDLC, 30.99%, 04/16/2027 (a)(r)	Lending Club		04/08/2022		4,253		4,301		4,144
187948199.SRDLC, 30.99%, 04/13/2027 (a)(r)	Lending Club		04/08/2022		8,483		8,575		8,245
187948779.SRDLC, 30.99%, 04/06/2027 (a)(r)	Lending Club		04/08/2022		7,097		7,133		6,881
187951250.SRDLC, 15.69%, 04/26/2027 (a)(r)	Lending Club		04/28/2022		22,139		22,139		21,474
187953821.SRDLC, 19.99%, 04/19/2025 (a)(r)	Lending Club		04/08/2022		2,891		2,911		2,840
187953962.SRDLC, 11.99%, 04/14/2027 (a)(r)	Lending Club		04/18/2022		2,431		2,431		2,376
187961524.SRDLC, 30.99%, 04/15/2026 (a)(r)	Lending Club		04/08/2022		10,708		10,811		10,537
187967810.SRDLC, 30.99%, 11/18/2027 (a)(o)(r)	Lending Club		04/08/2022		11,017		11,160		1,827
187969294.SRDLC, 25.49%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		1,780		1,793		1,767

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

58

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
187973616.SRDLC, 13.19%, 04/04/2025 (a)(r)	Lending Club		04/06/2022	$	2,471	$	2,471	$	2,419
187973884.SRDLC, 9.69%, 04/27/2027 (a)(r)	Lending Club		04/29/2022		14,977		14,977		14,632
187974382.SRDLC, 24.49%, 04/06/2027 (a)(r)	Lending Club		04/08/2022		5,699		5,759		5,582
187975935.SRDLC, 20.49%, 04/26/2025 (a)(r)	Lending Club		04/28/2022		5,183		5,183		5,155
187978396.SRDLC, 30.49%, 04/01/2027 (a)(r)	Lending Club		04/08/2022		4,875		4,928		4,739
187978760.SRDLC, 30.99%, 04/06/2027 (a)(o)(r)	Lending Club		04/08/2022		5,337		5,406		718
187978875.SRDLC, 23.49%, 04/16/2025 (a)(o)(r)	Lending Club		04/11/2022		9,174		9,174		1,235
187979553.SRDLC, 30.99%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		1,103		1,111		1,089
187981341.SRDLC, 21.49%, 04/06/2027 (a)(r)	Lending Club		04/08/2022		3,875		3,914		3,735
187981645.SRDLC, 30.99%, 04/15/2025 (a)(r)	Lending Club		04/08/2022		5,123		5,163		5,042
187982842.SRDLC, 19.49%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		686		691		674
187982886.SRDLC, 22.49%, 04/30/2027 (a)(r)	Lending Club		04/06/2022		19,698		19,698		19,533
187983448.SRDLC, 28.99%, 04/20/2025 (a)(o)(r)	Lending Club		04/08/2022		3,777		3,807		3,744
187984127.SRDLC, 18.49%, 04/06/2027 (a)(r)	Lending Club		04/08/2022		12,627		12,754		11,743
187984198.SRDLC, 9.69%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		14,977		14,977		14,625
187984558.SRDLC, 17.99%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		740		746		724
187999901.SRDLC, 6.59%, 04/04/2026 (a)(r)	Lending Club		04/06/2022		3,410		3,410		2,163
188003565.SRDLC, 13.19%, 04/04/2027 (a)(r)	Lending Club		04/06/2022		16,073		16,073		15,806
188003641.SRDLC, 7.59%, 04/05/2027 (a)(r)	Lending Club		04/07/2022		29,545		29,545		28,700
188018369.SRDLC, 14.49%, 04/04/2025 (a)(r)	Lending Club		04/06/2022		2,435		2,435		2,386
188028189.SRDLC, 12.19%, 04/12/2025 (a)(r)	Lending Club		04/14/2022		2,347		2,347		2,290
188044743.SRDLC, 23.99%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		588		588		575
188047484.SRDLC, 9.69%, 04/05/2025 (a)(r)	Lending Club		04/07/2022		8,042		8,042		7,899
188048867.SRDLC, 11.99%, 04/12/2025 (a)(r)	Lending Club		04/14/2022		11,410		11,410		11,210
188063554.SRDLC, 14.19%, 04/05/2025 (a)(o)(r)	Lending Club		04/07/2022		1,532		1,532		1,501
188071537.SRDLC, 14.99%, 04/13/2027 (a)(r)	Lending Club		04/11/2022		18,057		18,057		17,417
188077112.SRDLC, 7.49%, 04/06/2025 (a)(r)	Lending Club		04/08/2022		20,145		20,145		19,834
188090500.SRDLC, 26.79%, 04/26/2025 (a)(o)(r)	Lending Club		04/13/2022		13,563		13,563		—
188093871.SRDLC, 13.19%, 04/21/2027 (a)(r)	Lending Club		04/08/2022		12,116		12,116		11,923
188101498.SRDLC, 23.99%, 04/07/2027 (a)(o)(r)	Lending Club		04/11/2022		22,189		22,189		2,987
188110010.SRDLC, 13.19%, 04/15/2027 (a)(o)(r)	Lending Club		04/11/2022		14,925		14,925		—
188111080.SRDLC, 22.49%, 04/18/2025 (a)(o)(r)	Lending Club		04/20/2022		11,197		11,197		1,507
188115513.SRDLC, 7.49%, 04/07/2025 (a)(r)	Lending Club		04/11/2022		1,584		1,584		1,559
188116171.SRDLC, 10.99%, 08/15/2025 (a)(o)(r)	Lending Club		04/08/2022		6,196		6,196		1,002
188118276.SRDLC, 14.09%, 04/29/2027 (a)(r)	Lending Club		04/12/2022		23,384		23,384		22,620
188125168.SRDLC, 7.99%, 04/07/2025 (a)(r)	Lending Club		04/11/2022		13,246		13,246		12,951
188135932.SRDLC, 25.99%, 04/07/2027 (a)(r)	Lending Club		04/11/2022		6,561		6,561		6,411
188141825.SRDLC, 16.99%, 04/15/2025 (a)(r)	Lending Club		04/11/2022		3,407		3,406		3,329
188151431.SRDLC, 6.49%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		5,033		5,033		4,951
188152374.SRDLC, 6.49%, 04/08/2025 (a)(r)	Lending Club		04/12/2022		10,485		10,485		10,318
188154421.SRDLC, 6.59%, 04/07/2027 (a)(r)	Lending Club		04/11/2022		10,638		10,638		10,333
188155614.SRDLC, 12.49%, 04/27/2025 (a)(r)	Lending Club		04/29/2022		2,732		2,732		2,683
188157838.SRDLC, 9.99%, 04/01/2027 (a)(r)	Lending Club		04/18/2022		10,633		10,633		10,395
188163418.SRDLC, 8.49%, 04/28/2025 (a)(r)	Lending Club		05/02/2022		5,104		5,104		5,015
188173201.SRDLC, 9.99%, 04/08/2025 (a)(r)	Lending Club		04/12/2022		537		537		528
188176512.SRDLC, 21.49%, 04/15/2027 (a)(r)	Lending Club		04/19/2022		16,042		16,042		15,886
188177085.SRDLC, 7.09%, 04/08/2025 (a)(r)	Lending Club		04/12/2022		6,054		6,054		5,958
188180448.SRDLC, 8.99%, 04/11/2025 (a)(r)	Lending Club		04/13/2022		8,003		8,003		7,826
188180458.SRDLC, 13.19%, 07/20/2027 (a)(r)	Lending Club		04/12/2022		12,678		12,678		6,822
188180817.SRDLC, 9.69%, 04/18/2027 (a)(r)	Lending Club		04/20/2022		14,977		14,977		14,629
188186855.SRDLC, 6.59%, 04/11/2025 (a)(r)	Lending Club		04/13/2022		3,148		3,148		3,077
188187819.SRDLC, 23.99%, 04/08/2027 (a)(r)	Lending Club		04/12/2022		7,310		7,310		7,259
188192898.SRDLC, 23.49%, 04/13/2027 (a)(o)(r)	Lending Club		04/15/2022		18,374		18,374		2,473
188196917.SRDLC, 22.49%, 04/10/2027 (a)(o)(r)	Lending Club		04/13/2022		16,222		16,222		—
188197766.SRDLC, 8.99%, 04/11/2027 (a)(o)(r)	Lending Club		04/13/2022		2,434		2,433		701
188200624.SRDLC, 7.59%, 04/11/2027 (a)(r)	Lending Club		04/13/2022		12,556		12,556		12,200
188202504.SRDLC, 18.19%, 04/11/2027 (a)(r)	Lending Club		04/13/2022		7,872		7,872		7,625

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

59

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
188208257.SRDLC, 14.49%, 04/17/2025 (a)(r)	Lending Club		04/13/2022	$	1,047	$	1,047	$	1,033
188209820.SRDLC, 20.99%, 04/30/2027 (a)(r)	Lending Club		04/22/2022		8,063		8,063		7,977
188210936.SRDLC, 9.29%, 04/11/2025 (a)(r)	Lending Club		04/13/2022		8,287		8,287		8,121
188212079.SRDLC, 7.59%, 04/30/2025 (a)(r)	Lending Club		04/13/2022		4,258		4,258		4,171
188214895.SRDLC, 26.79%, 04/21/2025 (a)(o)(r)	Lending Club		04/14/2022		10,894		10,894		10,867
188214926.SRDLC, 16.19%, 04/11/2027 (a)(r)	Lending Club		04/13/2022		4,207		4,207		4,073
188232511.SRDLC, 4.99%, 04/20/2025 (a)(r)	Lending Club		04/13/2022		5,417		5,416		5,339
188241974.SRDLC, 26.79%, 04/27/2027 (a)(o)(r)	Lending Club		04/29/2022		6,336		6,336		853
188242926.SRDLC, 22.49%, 05/16/2027 (a)(r)	Lending Club		05/11/2022		14,825		14,825		14,648
188243266.SRDLC, 12.99%, 04/11/2027 (a)(r)	Lending Club		04/13/2022		11,467		11,467		11,061
188245083.SRDLC, 18.99%, 04/11/2027 (a)(r)	Lending Club		04/13/2022		25,484		25,484		25,200
188253660.SRDLC, 8.99%, 04/11/2027 (a)(r)	Lending Club		04/13/2022		7,455		7,455		7,280
188262303.SRDLC, 8.99%, 04/11/2025 (a)(r)	Lending Club		04/13/2022		2,134		2,134		2,087
188269841.SRDLC, 14.99%, 04/15/2027 (a)(r)	Lending Club		04/13/2022		19,386		19,386		18,752
188271685.SRDLC, 5.09%, 04/11/2025 (a)(r)	Lending Club		04/13/2022		3,114		3,114		3,044
188272070.SRDLC, 7.59%, 04/12/2025 (a)(r)	Lending Club		04/14/2022		6,076		6,076		5,954
188288146.SRDLC, 19.49%, 04/13/2027 (a)(r)	Lending Club		04/15/2022		3,164		3,164		2,995
188299292.SRDLC, 8.99%, 04/12/2025 (a)(r)	Lending Club		04/14/2022		2,415		2,415		2,385
188303266.SRDLC, 28.99%, 04/26/2027 (a)(o)(r)	Lending Club		04/18/2022		3,296		3,296		—
188306165.SRDLC, 14.19%, 04/12/2025 (a)(o)(r)	Lending Club		04/14/2022		6,296		6,296		847
188317069.SRDLC, 20.99%, 04/19/2027 (a)(r)	Lending Club		04/21/2022		9,598		9,598		9,529
188317779.SRDLC, 6.99%, 04/20/2027 (a)(r)	Lending Club		04/18/2022		7,515		7,515		7,315
188334977.SRDLC, 8.99%, 04/13/2025 (a)(r)	Lending Club		04/15/2022		16,006		16,006		15,653
188335663.SRDLC, 16.99%, 04/23/2025 (a)(r)	Lending Club		04/15/2022		4,546		4,546		4,482
188347330.SRDLC, 12.49%, 04/18/2025 (a)(o)(r)	Lending Club		04/20/2022		6,364		6,364		857
188348223.SRDLC, 25.99%, 04/16/2027 (a)(r)	Lending Club		04/15/2022		13,151		13,151		12,838
188369317.SRDLC, 10.00%, 04/22/2027 (a)(r)	Lending Club		04/26/2022		27,012		27,012		26,392
188382495.SRDLC, 10.59%, 04/14/2027 (a)(r)	Lending Club		04/18/2022		18,829		18,829		18,395
188383621.SRDLC, 17.19%, 04/14/2027 (a)(r)	Lending Club		04/18/2022		5,014		5,014		4,829
188396800.SRDLC, 10.89%, 04/30/2025 (a)(r)	Lending Club		04/22/2022		17,087		17,087		16,753
188413118.SRDLC, 9.79%, 04/15/2027 (a)(o)(r)	Lending Club		04/19/2022		3,696		3,696		497
188414239.SRDLC, 5.99%, 04/15/2025 (a)(r)	Lending Club		04/19/2022		2,351		2,351		2,313
188423939.SRDLC, 6.59%, 04/15/2027 (a)(r)	Lending Club		04/19/2022		16,864		16,864		16,420
188429512.SRDLC, 26.79%, 04/14/2025 (a)(r)	Lending Club		04/18/2022		1,794		1,794		1,800
188443111.SRDLC, 9.99%, 04/18/2027 (a)(r)	Lending Club		04/20/2022		9,754		9,754		9,528
188450644.SRDLC, 5.99%, 04/28/2025 (a)(o)(r)	Lending Club		05/02/2022		3,218		3,218		426
188458413.SRDLC, 16.99%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		2,815		2,815		2,779
188459918.SRDLC, 12.49%, 04/21/2025 (a)(o)(r)	Lending Club		04/25/2022		13,689		13,689		3,052
188461120.SRDLC, 7.59%, 04/21/2027 (a)(o)(r)	Lending Club		04/21/2022		8,879		8,879		—
188463802.SRDLC, 15.99%, 04/22/2025 (a)(r)	Lending Club		04/19/2022		5,630		5,630		5,516
188469901.SRDLC, 8.79%, 04/18/2025 (a)(o)(r)	Lending Club		04/20/2022		18,484		18,484		18,086
188470491.SRDLC, 7.09%, 04/25/2027 (a)(r)	Lending Club		04/27/2022		5,359		5,359		5,211
188486804.SRDLC, 14.69%, 04/28/2025 (a)(r)	Lending Club		05/02/2022		1,386		1,386		1,372
188494020.SRDLC, 15.19%, 04/18/2027 (a)(r)	Lending Club		04/20/2022		10,844		10,844		10,507
188498586.SRDLC, 16.99%, 04/27/2025 (a)(r)	Lending Club		04/29/2022		14,073		14,073		13,919
188506333.SRDLC, 7.59%, 04/18/2027 (a)(r)	Lending Club		04/20/2022		13,295		13,295		12,981
188508384.SRDLC, 27.79%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		3,609		3,609		3,627
188512606.SRDLC, 16.19%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		6,104		6,104		6,027
188512665.SRDLC, 16.19%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		3,920		3,920		3,850
188524513.SRDLC, 14.09%, 04/20/2025 (a)(o)(r)	Lending Club		04/20/2022		10,939		10,939		2,459
188524541.SRDLC, 7.59%, 04/21/2027 (a)(r)	Lending Club		04/25/2022		8,863		8,863		8,615
188525090.SRDLC, 7.49%, 04/21/2025 (a)(r)	Lending Club		04/25/2022		1,056		1,056		1,039
188528715.SRDLC, 6.59%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		2,361		2,361		2,308
188533982.SRDLC, 14.19%, 04/18/2027 (a)(r)	Lending Club		04/20/2022		9,240		9,240		8,903
188533985.SRDLC, 8.79%, 04/25/2025 (a)(o)(r)	Lending Club		04/27/2022		8,406		8,406		8,234
188548893.SRDLC, 7.59%, 05/03/2027 (a)(r)	Lending Club		05/05/2022		16,587		16,587		16,092
188551734.SRDLC, 6.99%, 04/10/2025 (a)(r)	Lending Club		04/27/2022		6,280		6,280		6,180

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

60

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
188554654.SRDLC, 13.69%, 05/02/2025 (a)(o)(r)	Lending Club		05/04/2022	$	1,821	$	1,821	$	1,788
188560211.SRDLC, 14.19%, 04/25/2027 (a)(r)	Lending Club		04/27/2022		9,240		9,240		8,916
188560858.SRDLC, 15.19%, 04/25/2027 (a)(r)	Lending Club		04/27/2022		23,236		23,236		22,534
188566856.SRDLC, 10.99%, 04/18/2025 (a)(r)	Lending Club		04/20/2022		4,544		4,544		4,426
188574943.SRDLC, 28.99%, 04/22/2027 (a)(o)(r)	Lending Club		04/26/2022		10,124		10,124		10,255
188588178.SRDLC, 7.49%, 07/19/2025 (a)(o)(r)	Lending Club		04/21/2022		11,885		11,885		1,600
188593549.SRDLC, 27.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		14,552		14,552		14,559
188597290.SRDLC, 7.49%, 04/15/2027 (a)(r)	Lending Club		04/21/2022		22,116		22,116		21,540
188602043.SRDLC, 23.99%, 04/25/2027 (a)(o)(r)	Lending Club		04/25/2022		16,834		16,834		2,266
188603010.SRDLC, 14.69%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		3,327		3,327		3,286
188610073.SRDLC, 11.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		817		817		796
188620193.SRDLC, 9.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		3,223		3,223		3,167
188623035.SRDLC, 11.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		12,695		12,695		12,467
188633812.SRDLC, 14.99%, 04/20/2027 (a)(o)(r)	Lending Club		04/22/2022		11,305		11,305		—
188637325.SRDLC, 9.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		6,984		6,984		6,803
188639510.SRDLC, 23.99%, 04/21/2027 (a)(r)	Lending Club		04/25/2022		8,122		8,122		8,101
188643355.SRDLC, 11.99%, 04/20/2027 (a)(r)	Lending Club		04/22/2022		12,157		12,157		11,834
188643790.SRDLC, 11.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		5,446		5,446		5,306
188651498.SRDLC, 9.99%, 04/21/2027 (a)(r)	Lending Club		04/25/2022		6,002		6,002		5,864
188655269.SRDLC, 9.09%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		5,339		5,339		5,222
188662151.SRDLC, 10.99%, 04/20/2025 (a)(r)	Lending Club		04/22/2022		6,491		6,491		6,323
188663171.SRDLC, 10.89%, 04/21/2025 (a)(r)	Lending Club		04/25/2022		7,568		7,568		7,436
188683792.SRDLC, 14.99%, 04/25/2027 (a)(r)	Lending Club		04/27/2022		5,415		5,415		5,251
188683963.SRDLC, 30.99%, 04/27/2027 (a)(r)	Lending Club		04/29/2022		15,744		15,744		16,053
188687759.SRDLC, 14.99%, 04/22/2027 (a)(r)	Lending Club		04/26/2022		11,604		11,604		11,251
188691099.SRDLC, 7.59%, 04/26/2027 (a)(r)	Lending Club		04/28/2022		14,034		14,034		13,642
188695663.SRDLC, 8.99%, 04/27/2025 (a)(r)	Lending Club		04/29/2022		6,402		6,402		6,263
188701267.SRDLC, 17.44%, 04/21/2027 (a)(r)	Lending Club		04/25/2022		15,692		15,692		15,220
188705387.SRDLC, 6.49%, 04/22/2025 (a)(o)(r)	Lending Club		04/26/2022		2,759		2,759		2,712
188705941.SRDLC, 14.99%, 04/21/2027 (a)(r)	Lending Club		04/25/2022		15,474		15,473		14,985
188715091.SRDLC, 23.99%, 04/22/2027 (a)(r)	Lending Club		04/26/2022		32,489		32,489		32,418
188726937.SRDLC, 16.99%, 04/26/2025 (a)(o)(r)	Lending Club		04/28/2022		4,140		4,140		557
188732658.SRDLC, 14.99%, 04/25/2027 (a)(o)(r)	Lending Club		04/27/2022		18,048		18,048		2,429
188737087.SRDLC, 13.49%, 04/25/2027 (a)(r)	Lending Club		04/27/2022		30,671		30,671		29,905
188739371.SRDLC, 12.34%, 04/21/2025 (a)(r)	Lending Club		05/02/2022		3,267		3,267		3,138
188759011.SRDLC, 11.69%, 04/25/2026 (a)(r)	Lending Club		04/27/2022		16,617		16,617		16,449
188761265.SRDLC, 6.59%, 04/25/2025 (a)(r)	Lending Club		04/27/2022		5,246		5,246		5,131
188767705.SRDLC, 30.99%, 04/25/2027 (a)(o)(r)	Lending Club		04/27/2022		16,979		16,979		2,285
188769548.SRDLC, 6.59%, 04/28/2027 (a)(r)	Lending Club		05/02/2022		8,731		8,731		8,501
188779064.SRDLC, 15.00%, 08/27/2025 (a)(o)(r)	Lending Club		04/29/2022		3,266		3,266		2,279
188780842.SRDLC, 8.49%, 04/29/2025 (a)(r)	Lending Club		04/27/2022		10,652		10,652		10,459
188788459.SRDLC, 10.59%, 04/11/2027 (a)(r)	Lending Club		04/27/2022		10,864		10,864		10,578
188793044.SRDLC, 8.49%, 04/25/2025 (a)(r)	Lending Club		04/27/2022		5,317		5,317		5,223
188799399.SRDLC, 6.99%, 04/25/2025 (a)(r)	Lending Club		04/27/2022		21,044		21,044		20,703
188800045.SRDLC, 5.59%, 04/26/2027 (a)(r)	Lending Club		04/28/2022		29,145		29,145		28,370
188805410.SRDLC, 6.59%, 04/26/2025 (a)(r)	Lending Club		04/28/2022		6,296		6,295		6,157
188815893.SRDLC, 8.79%, 04/25/2025 (a)(r)	Lending Club		04/27/2022		1,865		1,865		1,831
188838520.SRDLC, 12.49%, 04/27/2025 (a)(r)	Lending Club		04/29/2022		8,200		8,200		8,037
188843204.SRDLC, 14.99%, 04/26/2027 (a)(r)	Lending Club		04/28/2022		7,739		7,739		7,496
188846276.SRDLC, 11.89%, 05/10/2027 (a)(r)	Lending Club		04/29/2022		31,154		31,154		30,366
188851082.SRDLC, 23.49%, 04/28/2027 (a)(r)	Lending Club		05/02/2022		12,882		12,882		12,880
188852531.SRDLC, 13.49%, 04/20/2027 (a)(o)(r)	Lending Club		04/29/2022		23,322		23,322		22,726
188865237.SRDLC, 14.09%, 04/30/2027 (a)(r)	Lending Club		05/02/2022		7,704		7,704		7,467
188871984.SRDLC, 22.49%, 04/27/2027 (a)(o)(r)	Lending Club		04/29/2022		13,297		13,297		13,150
188874153.SRDLC, 11.99%, 04/28/2027 (a)(o)(r)	Lending Club		05/02/2022		7,743		7,743		7,559
188874439.SRDLC, 21.79%, 04/27/2025 (a)(r)	Lending Club		04/29/2022		1,721		1,721		1,694
188879701.SRDLC, 23.99%, 04/10/2027 (a)(o)(r)	Lending Club		04/29/2022		21,986		21,986		3,405

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

61

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
188880423.SRDLC, 21.49%, 04/30/2025 (a)(r)	Lending Club		04/29/2022	$	2,907	$	2,907	$	2,895
188886850.SRDLC, 7.49%, 04/28/2025 (a)(r)	Lending Club		05/02/2022		4,224		4,224		4,155
188890261.SRDLC, 22.99%, 04/27/2025 (a)(r)	Lending Club		04/29/2022		1,428		1,428		1,433
188891894.SRDLC, 7.99%, 04/28/2025 (a)(r)	Lending Club		05/02/2022		1,060		1,060		1,041
188892512.SRDLC, 16.99%, 04/28/2025 (a)(r)	Lending Club		05/02/2022		3,378		3,378		3,342
188906059.SRDLC, 22.99%, 04/28/2025 (a)(r)	Lending Club		05/02/2022		2,923		2,923		2,868
188906118.SRDLC, 7.09%, 04/28/2027 (a)(r)	Lending Club		05/02/2022		15,459		15,459		15,028
190431243.SRDLC, 30.99%, 07/20/2025 (a)(r)	Lending Club		07/07/2022		3,532		3,550		3,448
190580202.SRDLC, 20.49%, 07/05/2025 (a)(r)	Lending Club		07/07/2022		3,934		3,950		3,815
190585073.SRDLC, 16.99%, 07/07/2025 (a)(o)(r)	Lending Club		07/11/2022		17,391		17,521		3,784
190656219.SRDLC, 21.99%, 07/21/2025 (a)(r)	Lending Club		07/13/2022		4,314		4,335		4,189
190734719.SRDLC, 29.74%, 07/05/2025 (a)(r)	Lending Club		07/07/2022		6,862		6,896		6,673
190739134.SRDLC, 6.49%, 07/20/2027 (a)(r)	Lending Club		07/08/2022		27,375		27,375		26,602
190788536.SRDLC, 15.00%, 09/18/2026 (a)(r)	Lending Club		07/20/2022		3,290		3,319		2,177
190818629.SRDLC, 24.99%, 07/15/2025 (a)(r)	Lending Club		07/07/2022		6,083		6,110		5,944
190843610.SRDLC, 26.49%, 07/05/2027 (a)(o)(r)	Lending Club		07/07/2022		10,450		10,528		10,095
190873520.SRDLC, 15.74%, 07/11/2025 (a)(r)	Lending Club		07/13/2022		3,836		3,854		3,716
190889207.SRDLC, 17.99%, 07/18/2025 (a)(o)(r)	Lending Club		07/20/2022		3,366		3,387		3,255
190893071.SRDLC, 20.99%, 07/11/2025 (a)(r)	Lending Club		07/13/2022		11,831		11,888		11,498
190910095.SRDLC, 7.59%, 07/26/2025 (a)(o)(r)	Lending Club		07/13/2022		4,165		4,165		660
190913131.SRDLC, 28.49%, 07/05/2026 (a)(o)(r)	Lending Club		07/07/2022		2,485		2,503		334
190966377.SRDLC, 26.99%, 07/16/2025 (a)(r)	Lending Club		07/13/2022		2,729		2,743		2,656
190966542.SRDLC, 16.99%, 07/05/2025 (a)(r)	Lending Club		07/07/2022		1,609		1,617		1,557
190968042.SRDLC, 28.99%, 07/15/2025 (a)(r)	Lending Club		07/13/2022		4,144		4,171		4,025
190983738.SRDLC, 18.99%, 07/15/2025 (a)(r)	Lending Club		07/08/2022		3,261		3,261		3,155
191000884.SRDLC, 30.99%, 07/05/2027 (a)(r)	Lending Club		07/07/2022		13,068		13,152		12,583
191007294.SRDLC, 30.99%, 07/06/2027 (a)(o)(r)	Lending Club		07/08/2022		19,406		19,552		2,612
191015102.SRDLC, 30.99%, 07/05/2027 (a)(o)(r)	Lending Club		07/07/2022		18,960		19,102		2,552
191024293.SRDLC, 15.24%, 07/07/2025 (a)(r)	Lending Club		07/11/2022		1,913		1,913		1,872
191030355.SRDLC, 25.99%, 07/06/2025 (a)(r)	Lending Club		07/08/2022		1,993		2,001		1,943
191035222.SRDLC, 17.54%, 07/20/2027 (a)(r)	Lending Club		07/07/2022		6,540		6,580		6,070
191038262.SRDLC, 28.99%, 08/15/2025 (a)(r)	Lending Club		08/08/2022		14,364		14,449		14,026
191042171.SRDLC, 10.99%, 07/07/2026 (a)(r)	Lending Club		07/11/2022		27,123		27,123		26,488
191043882.SRDLC, 16.24%, 07/20/2025 (a)(r)	Lending Club		07/07/2022		2,909		2,923		2,817
191058033.SRDLC, 21.99%, 07/05/2025 (a)(o)(r)	Lending Club		07/07/2022		5,147		5,186		—
191073209.SRDLC, 30.99%, 06/11/2028 (a)(o)(r)	Lending Club		07/13/2022		2,961		2,983		1,058
191076667.SRDLC, 16.49%, 07/05/2025 (a)(r)	Lending Club		07/07/2022		3,210		3,225		3,106
191080389.SRDLC, 30.99%, 07/05/2026 (a)(r)	Lending Club		07/07/2022		4,029		4,053		3,914
191086066.SRDLC, 17.99%, 07/05/2025 (a)(r)	Lending Club		07/07/2022		4,983		5,006		4,822
191089018.SRDLC, 13.44%, 07/14/2027 (a)(r)	Lending Club		07/18/2022		7,117		7,117		6,991
191094293.SRDLC, 30.99%, 07/15/2027 (a)(r)	Lending Club		07/11/2022		4,405		4,434		4,243
191095020.SRDLC, 23.74%, 07/20/2027 (a)(r)	Lending Club		07/11/2022		17,785		17,785		17,568
191100451.SRDLC, 7.09%, 07/15/2025 (a)(r)	Lending Club		07/08/2022		7,001		7,001		6,818
191101249.SRDLC, 15.74%, 07/23/2027 (a)(r)	Lending Club		07/19/2022		22,983		22,983		22,100
191104158.SRDLC, 14.94%, 08/18/2027 (a)(r)	Lending Club		08/04/2022		33,561		33,561		32,569
191105569.SRDLC, 30.99%, 07/26/2027 (a)(o)(r)	Lending Club		07/26/2022		11,249		11,361		1,514
191112629.SRDLC, 26.99%, 08/04/2025 (a)(r)	Lending Club		08/08/2022		2,809		2,828		2,738
191113722.SRDLC, 24.99%, 07/22/2027 (a)(r)	Lending Club		07/26/2022		8,518		8,590		8,319
191122073.SRDLC, 30.99%, 04/14/2028 (a)(o)(r)	Lending Club		07/07/2022		12,318		12,397		11,633
191125187.SRDLC, 17.49%, 07/17/2025 (a)(r)	Lending Club		07/07/2022		7,154		7,188		6,923
191128959.SRDLC, 30.99%, 07/12/2027 (a)(o)(r)	Lending Club		07/12/2022		7,213		7,267		971
191148128.SRDLC, 16.49%, 07/07/2025 (a)(o)(r)	Lending Club		07/11/2022		5,650		5,650		5,466
191151335.SRDLC, 22.99%, 07/05/2027 (a)(o)(r)	Lending Club		07/07/2022		7,802		7,861		1,050
191154880.SRDLC, 7.74%, 08/02/2025 (a)(r)	Lending Club		08/04/2022		6,383		6,383		6,273
191159042.SRDLC, 30.99%, 07/16/2027 (a)(r)	Lending Club		07/08/2022		21,167		21,318		20,401
191159852.SRDLC, 30.49%, 07/20/2027 (a)(o)(r)	Lending Club		07/08/2022		8,962		9,028		8,571
191159999.SRDLC, 28.99%, 07/26/2025 (a)(r)	Lending Club		07/28/2022		3,829		3,855		3,769

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

62

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
191161484.SRDLC, 30.99%, 07/19/2025 (a)(r)	Lending Club		07/21/2022	$	3,451	$	3,475	$	3,384
191176580.SRDLC, 18.24%, 07/08/2025 (a)(r)	Lending Club		07/12/2022		3,240		3,255		3,138
191177276.SRDLC, 30.99%, 07/18/2027 (a)(o)(r)	Lending Club		07/20/2022		19,406		19,600		2,612
191178176.SRDLC, 30.99%, 07/11/2027 (a)(r)	Lending Club		07/13/2022		4,356		4,384		4,210
191181283.SRDLC, 23.49%, 07/07/2027 (a)(r)	Lending Club		07/11/2022		12,702		12,788		12,301
191181523.SRDLC, 30.99%, 07/16/2027 (a)(r)	Lending Club		07/13/2022		17,547		17,661		16,919
191193127.SRDLC, 30.49%, 07/13/2027 (a)(o)(r)	Lending Club		07/15/2022		8,781		8,847		1,182
191197966.SRDLC, 30.99%, 07/28/2027 (a)(r)	Lending Club		07/19/2022		14,580		14,725		14,238
191198358.SRDLC, 30.99%, 07/12/2027 (a)(r)	Lending Club		07/14/2022		6,273		6,313		6,066
191203714.SRDLC, 23.99%, 07/15/2025 (a)(o)(r)	Lending Club		07/19/2022		6,940		6,940		6,682
191219951.SRDLC, 23.99%, 07/08/2025 (a)(r)	Lending Club		07/12/2022		4,004		4,004		3,877
191226544.SRDLC, 30.99%, 07/27/2025 (a)(r)	Lending Club		07/29/2022		8,283		8,340		8,158
191229228.SRDLC, 26.99%, 08/29/2027 (a)(o)(r)	Lending Club		07/12/2022		22,845		23,017		3,075
191241687.SRDLC, 24.99%, 07/21/2025 (a)(r)	Lending Club		07/20/2022		6,707		6,745		6,571
191246684.SRDLC, 15.99%, 07/11/2025 (a)(o)(r)	Lending Club		07/13/2022		2,900		2,900		390
191251728.SRDLC, 30.99%, 07/17/2027 (a)(r)	Lending Club		07/12/2022		7,461		7,516		7,206
191252175.SRDLC, 30.99%, 07/11/2027 (a)(r)	Lending Club		07/13/2022		4,221		4,248		4,079
191263540.SRDLC, 24.99%, 07/28/2025 (a)(o)(r)	Lending Club		07/20/2022		10,819		10,927		2,617
191270654.SRDLC, 25.99%, 07/11/2027 (a)(r)	Lending Club		07/13/2022		20,524		20,524		19,892
191274191.SRDLC, 26.99%, 08/08/2025 (a)(o)(r)	Lending Club		08/10/2022		7,507		7,582		1,823
191275722.SRDLC, 27.99%, 07/18/2025 (a)(r)	Lending Club		07/13/2022		1,010		1,015		986
191276546.SRDLC, 19.49%, 07/11/2025 (a)(r)	Lending Club		07/13/2022		1,500		1,507		1,458
191285159.SRDLC, 23.99%, 07/11/2027 (a)(r)	Lending Club		07/13/2022		5,090		5,090		5,021
191289694.SRDLC, 30.49%, 07/31/2027 (a)(o)(r)	Lending Club		07/26/2022		10,748		10,856		1,447
191291119.SRDLC, 30.99%, 07/11/2027 (a)(o)(r)	Lending Club		07/13/2022		5,521		5,563		1,245
191293818.SRDLC, 30.99%, 07/30/2027 (a)(r)	Lending Club		07/19/2022		15,978		16,130		15,554
191295680.SRDLC, 17.99%, 07/01/2025 (a)(o)(r)	Lending Club		07/25/2022		10,185		10,250		9,800
191295842.SRDLC, 27.99%, 07/25/2025 (a)(r)	Lending Club		07/21/2022		1,714		1,721		1,673
191302516.SRDLC, 10.04%, 07/27/2025 (a)(r)	Lending Club		07/13/2022		5,663		5,663		5,522
191302532.SRDLC, 23.49%, 07/11/2027 (a)(r)	Lending Club		07/13/2022		5,080		5,111		4,936
191308241.SRDLC, 24.49%, 01/11/2028 (a)(o)(r)	Lending Club		07/13/2022		9,642		9,714		1,298
191310544.SRDLC, 30.99%, 07/23/2027 (a)(r)	Lending Club		07/15/2022		7,059		7,109		6,833
191313508.SRDLC, 19.49%, 07/15/2027 (a)(r)	Lending Club		07/13/2022		3,545		3,565		3,399
191316742.SRDLC, 30.99%, 07/12/2025 (a)(r)	Lending Club		07/14/2022		4,486		4,509		4,381
191317877.SRDLC, 5.09%, 07/16/2025 (a)(r)	Lending Club		07/13/2022		18,678		18,678		18,182
191320889.SRDLC, 22.49%, 07/26/2025 (a)(r)	Lending Club		07/13/2022		4,047		4,066		3,923
191321447.SRDLC, 30.49%, 07/15/2025 (a)(r)	Lending Club		07/15/2022		4,574		4,597		4,450
191337039.SRDLC, 14.54%, 07/11/2025 (a)(r)	Lending Club		07/13/2022		2,529		2,540		2,449
191340523.SRDLC, 15.69%, 07/11/2027 (a)(r)	Lending Club		07/13/2022		21,258		21,258		20,394
191346196.SRDLC, 27.74%, 07/20/2027 (a)(r)	Lending Club		07/22/2022		10,331		10,419		10,033
191353759.SRDLC, 30.99%, 07/24/2025 (a)(r)	Lending Club		07/19/2022		2,934		2,946		2,872
191357645.SRDLC, 22.49%, 07/18/2025 (a)(o)(r)	Lending Club		07/20/2022		20,741		20,948		2,792
191371545.SRDLC, 17.24%, 07/11/2025 (a)(r)	Lending Club		07/13/2022		3,224		3,237		3,115
191376381.SRDLC, 27.49%, 07/12/2026 (a)(r)	Lending Club		07/14/2022		3,336		3,355		3,252
191390818.SRDLC, 17.19%, 07/04/2027 (a)(r)	Lending Club		07/15/2022		32,731		32,731		31,404
191394525.SRDLC, 28.99%, 07/20/2024 (a)(o)(r)	Lending Club		07/15/2022		9,899		9,973		1,332
191402564.SRDLC, 17.99%, 07/13/2024 (a)(r)	Lending Club		07/15/2022		2,170		2,176		2,151
191417288.SRDLC, 26.24%, 07/19/2027 (a)(r)	Lending Club		07/15/2022		6,197		6,239		6,018
191429544.SRDLC, 30.99%, 07/14/2025 (a)(o)(r)	Lending Club		07/18/2022		7,959		8,018		1,071
191434671.SRDLC, 13.44%, 07/14/2027 (a)(r)	Lending Club		07/18/2022		19,006		19,006		18,670
191441017.SRDLC, 9.79%, 07/19/2025 (a)(r)	Lending Club		07/21/2022		9,278		9,278		9,051
191446786.SRDLC, 22.49%, 07/26/2027 (a)(o)(r)	Lending Club		07/28/2022		4,778		4,826		643
191452895.SRDLC, 17.99%, 07/14/2025 (a)(r)	Lending Club		07/18/2022		3,172		3,187		3,069
191453578.SRDLC, 19.49%, 07/22/2025 (a)(r)	Lending Club		07/26/2022		1,630		1,641		1,591
191456870.SRDLC, 22.49%, 07/14/2025 (a)(r)	Lending Club		07/18/2022		1,986		1,996		1,933
191461644.SRDLC, 24.49%, 07/18/2025 (a)(o)(r)	Lending Club		07/20/2022		2,625		2,651		620
191461742.SRDLC, 30.99%, 08/04/2025 (a)(o)(r)	Lending Club		07/22/2022		8,611		8,697		1,159

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

63

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
191462872.SRDLC, 22.49%, 07/28/2027 (a)(r)	Lending Club		08/01/2022	$	4,215	$	4,251	$	4,060
191462983.SRDLC, 28.99%, 07/21/2027 (a)(r)	Lending Club		07/25/2022		6,054		6,106		5,891
191469608.SRDLC, 20.99%, 07/16/2025 (a)(r)	Lending Club		07/18/2022		6,587		6,619		6,388
191491322.SRDLC, 24.99%, 07/23/2025 (a)(o)(r)	Lending Club		07/20/2022		3,232		3,254		3,156
191492595.SRDLC, 24.49%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		2,408		2,408		2,345
191497870.SRDLC, 30.99%, 07/22/2027 (a)(o)(r)	Lending Club		07/20/2022		13,861		13,999		1,866
191505363.SRDLC, 17.99%, 07/15/2025 (a)(r)	Lending Club		07/19/2022		7,085		7,130		6,872
191510625.SRDLC, 23.99%, 07/25/2027 (a)(o)(r)	Lending Club		07/27/2022		27,205		27,205		5,861
191513596.SRDLC, 9.79%, 11/25/2025 (a)(r)	Lending Club		07/20/2022		8,227		8,226		5,292
191521233.SRDLC, 18.99%, 07/18/2025 (a)(o)(r)	Lending Club		07/20/2022		3,991		4,016		3,871
191527006.SRDLC, 30.99%, 07/25/2027 (a)(r)	Lending Club		07/20/2022		4,388		4,426		4,265
191533230.SRDLC, 28.99%, 07/20/2024 (a)(o)(r)	Lending Club		07/20/2022		1,576		1,592		291
191535746.SRDLC, 12.69%, 07/18/2025 (a)(r)	Lending Club		07/20/2022		3,457		3,457		3,372
191538132.SRDLC, 13.69%, 08/05/2025 (a)(r)	Lending Club		08/09/2022		10,540		10,540		10,252
191541223.SRDLC, 30.99%, 07/18/2027 (a)(r)	Lending Club		07/20/2022		11,500		11,500		11,578
191543393.SRDLC, 19.74%, 08/05/2025 (a)(r)	Lending Club		08/09/2022		23,763		23,762		23,365
191544930.SRDLC, 23.99%, 07/28/2027 (a)(r)	Lending Club		08/01/2022		15,270		15,399		14,945
191553131.SRDLC, 28.49%, 07/18/2027 (a)(o)(r)	Lending Club		07/20/2022		5,654		5,710		761
191559588.SRDLC, 30.99%, 07/24/2027 (a)(r)	Lending Club		07/20/2022		5,265		5,311		5,115
191563994.SRDLC, 19.24%, 07/25/2027 (a)(r)	Lending Club		07/20/2022		7,481		7,543		7,185
191566159.SRDLC, 15.74%, 07/18/2025 (a)(o)(r)	Lending Club		07/20/2022		4,849		4,897		1,083
191572560.SRDLC, 10.00%, 12/18/2025 (a)(o)(r)	Lending Club		07/20/2022		2,286		2,308		1,612
191578273.SRDLC, 30.99%, 07/18/2025 (a)(r)	Lending Club		07/20/2022		2,416		2,432		2,367
191583845.SRDLC, 19.99%, 07/18/2025 (a)(r)	Lending Club		07/20/2022		981		987		955
191588942.SRDLC, 27.49%, 08/03/2026 (a)(r)	Lending Club		07/21/2022		2,874		2,899		2,772
191601897.SRDLC, 30.99%, 02/02/2028 (a)(r)	Lending Club		08/04/2022		14,130		14,268		13,434
191603240.SRDLC, 14.94%, 08/02/2027 (a)(o)(r)	Lending Club		07/20/2022		13,348		13,348		12,765
191609370.SRDLC, 26.49%, 08/15/2025 (a)(r)	Lending Club		08/08/2022		8,538		8,596		8,344
191616350.SRDLC, 30.99%, 07/19/2027 (a)(r)	Lending Club		07/21/2022		5,227		5,269		5,077
191616574.SRDLC, 17.99%, 07/28/2025 (a)(r)	Lending Club		07/21/2022		4,805		4,843		4,675
191622860.SRDLC, 15.49%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		4,416		4,416		4,302
191627894.SRDLC, 19.99%, 07/20/2025 (a)(r)	Lending Club		07/22/2022		6,067		6,066		5,980
191628206.SRDLC, 28.99%, 08/16/2027 (a)(r)	Lending Club		08/18/2022		16,635		16,635		16,773
191628288.SRDLC, 30.99%, 07/20/2026 (a)(r)	Lending Club		07/22/2022		3,224		3,249		3,160
191632334.SRDLC, 28.99%, 07/21/2025 (a)(r)	Lending Club		07/25/2022		2,053		2,068		2,005
191633149.SRDLC, 11.74%, 08/03/2025 (a)(o)(r)	Lending Club		07/21/2022		6,570		6,570		6,376
191652750.SRDLC, 30.99%, 07/20/2025 (a)(r)	Lending Club		07/22/2022		1,740		1,753		1,698
191657624.SRDLC, 15.00%, 11/20/2025 (a)(r)	Lending Club		07/22/2022		7,804		7,877		5,856
191666463.SRDLC, 23.99%, 08/16/2027 (a)(r)	Lending Club		08/09/2022		5,216		5,216		5,155
191666661.SRDLC, 28.99%, 08/04/2025 (a)(r)	Lending Club		08/08/2022		1,417		1,417		1,368
191667374.SRDLC, 30.99%, 07/22/2025 (a)(o)(r)	Lending Club		07/26/2022		5,342		5,394		5,227
191667711.SRDLC, 17.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		3,235		3,256		3,145
191667844.SRDLC, 26.24%, 07/20/2025 (a)(r)	Lending Club		07/22/2022		2,429		2,445		2,392
191676294.SRDLC, 21.49%, 07/21/2026 (a)(r)	Lending Club		07/25/2022		5,526		5,569		5,362
191678013.SRDLC, 24.99%, 07/21/2027 (a)(r)	Lending Club		07/25/2022		10,190		10,275		9,948
191680560.SRDLC, 23.49%, 07/28/2027 (a)(r)	Lending Club		07/27/2022		9,340		9,419		9,109
191694452.SRDLC, 30.99%, 07/25/2027 (a)(o)(r)	Lending Club		07/27/2022		5,886		5,886		792
191695847.SRDLC, 13.09%, 07/21/2025 (a)(r)	Lending Club		07/25/2022		3,781		3,781		3,690
191699828.SRDLC, 24.49%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		7,291		7,291		7,090
191702410.SRDLC, 20.49%, 07/22/2025 (a)(r)	Lending Club		07/26/2022		1,522		1,532		1,485
191704224.SRDLC, 18.49%, 07/29/2024 (a)(r)	Lending Club		07/27/2022		3,530		3,544		3,501
191705478.SRDLC, 30.99%, 07/25/2027 (a)(o)(r)	Lending Club		07/27/2022		13,370		13,504		3,162
191705506.SRDLC, 17.99%, 07/22/2025 (a)(r)	Lending Club		07/26/2022		1,941		1,954		1,886
191706302.SRDLC, 30.99%, 07/25/2027 (a)(r)	Lending Club		07/27/2022		13,067		13,181		12,740
191714741.SRDLC, 19.74%, 07/21/2025 (a)(r)	Lending Club		07/25/2022		4,702		4,702		4,644
191716011.SRDLC, 30.99%, 01/25/2028 (a)(o)(r)	Lending Club		07/27/2022		9,543		9,638		1,284
191724345.SRDLC, 13.69%, 07/25/2027 (a)(o)(r)	Lending Club		07/25/2022		8,117		8,117		7,808

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

64

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
191725647.SRDLC, 8.09%, 08/09/2025 (a)(r)	Lending Club		08/11/2022	$	10,233	$	10,233	$	9,999
191728001.SRDLC, 18.99%, 08/09/2025 (a)(r)	Lending Club		07/27/2022		4,800		4,831		4,606
191733593.SRDLC, 28.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		820		820		804
191736763.SRDLC, 19.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		1,438		1,448		1,409
191740994.SRDLC, 15.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		4,994		4,994		4,865
191742357.SRDLC, 16.49%, 07/07/2025 (a)(r)	Lending Club		07/27/2022		5,202		5,202		5,031
191744435.SRDLC, 25.74%, 07/29/2027 (a)(o)(r)	Lending Club		08/02/2022		4,673		4,720		629
191748085.SRDLC, 18.99%, 07/27/2024 (a)(r)	Lending Club		07/29/2022		1,049		1,054		1,048
191750200.SRDLC, 20.99%, 08/24/2025 (a)(r)	Lending Club		08/11/2022		3,473		3,499		3,388
191766386.SRDLC, 19.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		4,579		4,609		4,452
191768960.SRDLC, 10.04%, 07/22/2025 (a)(o)(r)	Lending Club		07/26/2022		10,612		10,612		1,747
191769272.SRDLC, 9.79%, 07/22/2025 (a)(r)	Lending Club		07/26/2022		4,330		4,330		4,226
191772278.SRDLC, 15.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		4,801		4,831		4,665
191779417.SRDLC, 21.49%, 07/31/2027 (a)(o)(r)	Lending Club		07/28/2022		7,109		7,180		957
191784176.SRDLC, 15.00%, 10/25/2025 (a)(o)(r)	Lending Club		07/27/2022		14,560		14,697		10,122
191786026.SRDLC, 16.79%, 08/04/2027 (a)(r)	Lending Club		08/08/2022		33,402		33,402		32,391
191786546.SRDLC, 30.99%, 07/25/2027 (a)(o)(r)	Lending Club		07/27/2022		5,308		5,348		5,145
191790657.SRDLC, 30.99%, 07/26/2025 (a)(o)(r)	Lending Club		07/28/2022		10,725		10,764		10,451
191793460.SRDLC, 24.99%, 07/25/2025 (a)(r)	Lending Club		07/27/2022		1,316		1,325		1,298
191794348.SRDLC, 30.99%, 08/05/2025 (a)(r)	Lending Club		08/09/2022		3,431		3,450		3,346
191797544.SRDLC, 26.99%, 07/26/2025 (a)(r)	Lending Club		07/28/2022		3,387		3,409		3,315
191803441.SRDLC, 30.99%, 07/27/2027 (a)(o)(r)	Lending Club		07/29/2022		5,913		5,972		796
191808811.SRDLC, 23.99%, 07/30/2027 (a)(r)	Lending Club		07/28/2022		8,518		8,518		8,428
191810287.SRDLC, 23.99%, 08/16/2025 (a)(r)	Lending Club		08/08/2022		6,731		6,731		6,515
191811199.SRDLC, 30.99%, 08/16/2027 (a)(r)	Lending Club		08/18/2022		13,190		13,320		12,891
191813026.SRDLC, 20.99%, 07/01/2027 (a)(o)(r)	Lending Club		07/29/2022		4,690		4,729		4,463
191814695.SRDLC, 29.49%, 08/03/2026 (a)(r)	Lending Club		08/05/2022		8,166		8,231		7,969
191816048.SRDLC, 26.49%, 08/09/2027 (a)(r)	Lending Club		07/27/2022		4,407		4,407		4,206
191819541.SRDLC, 27.49%, 08/03/2027 (a)(o)(r)	Lending Club		08/05/2022		7,217		7,289		1,117
191822419.SRDLC, 30.99%, 07/27/2025 (a)(r)	Lending Club		07/29/2022		2,416		2,432		2,379
191826397.SRDLC, 27.99%, 08/15/2025 (a)(r)	Lending Club		08/09/2022		17		17		17
191831931.SRDLC, 22.49%, 08/05/2027 (a)(r)	Lending Club		07/29/2022		5,168		5,212		4,914
191836440.SRDLC, 16.49%, 08/11/2025 (a)(r)	Lending Club		08/10/2022		5,626		5,626		5,506
191837686.SRDLC, 27.99%, 08/01/2025 (a)(o)(r)	Lending Club		08/03/2022		4,418		4,462		595
191845973.SRDLC, 19.99%, 07/16/2025 (a)(r)	Lending Club		07/29/2022		5,689		5,726		5,537
191847136.SRDLC, 16.49%, 07/25/2025 (a)(o)(r)	Lending Club		07/27/2022		8,555		8,555		1,151
191849583.SRDLC, 13.19%, 08/01/2027 (a)(r)	Lending Club		07/27/2022		14,010		14,010		13,692
191852821.SRDLC, 9.79%, 08/09/2025 (a)(r)	Lending Club		08/11/2022		3,872		3,872		3,784
191860902.SRDLC, 30.99%, 07/28/2025 (a)(r)	Lending Club		08/01/2022		5,517		5,560		5,415
191871219.SRDLC, 30.99%, 08/10/2027 (a)(r)	Lending Club		08/03/2022		6,959		7,025		6,704
191881989.SRDLC, 25.49%, 07/31/2025 (a)(o)(r)	Lending Club		08/01/2022		7,380		7,453		993
191893067.SRDLC, 23.99%, 09/01/2025 (a)(r)	Lending Club		08/23/2022		3,639		3,639		3,482
191895522.SRDLC, 23.99%, 08/11/2027 (a)(o)(r)	Lending Club		08/15/2022		31,265		31,265		4,801
191897480.SRDLC, 30.99%, 07/29/2025 (a)(o)(r)	Lending Club		08/02/2022		10,681		10,788		1,438
191899754.SRDLC, 17.99%, 08/10/2025 (a)(o)(r)	Lending Club		08/08/2022		5,821		5,879		1,269
191903636.SRDLC, 12.24%, 08/10/2025 (a)(r)	Lending Club		07/29/2022		15,806		15,806		15,333
191907225.SRDLC, 14.54%, 08/05/2025 (a)(r)	Lending Club		08/09/2022		13,232		13,317		12,857
191920862.SRDLC, 30.99%, 08/01/2027 (a)(r)	Lending Club		08/03/2022		17,607		17,763		17,043
191920969.SRDLC, 30.49%, 01/29/2028 (a)(o)(r)	Lending Club		08/02/2022		6,579		6,645		6,322
191921836.SRDLC, 28.99%, 08/11/2027 (a)(o)(r)	Lending Club		08/15/2022		13,170		13,302		1,773
191926237.SRDLC, 20.24%, 08/11/2025 (a)(r)	Lending Club		08/11/2022		682		682		669
191935262.SRDLC, 23.99%, 08/20/2027 (a)(r)	Lending Club		08/05/2022		8,393		8,393		8,342
191959068.SRDLC, 26.74%, 08/15/2025 (a)(r)	Lending Club		08/03/2022		9,300		9,363		9,022
191960059.SRDLC, 26.49%, 08/15/2024 (a)(r)	Lending Club		08/03/2022		1,477		1,484		1,472
191965103.SRDLC, 15.99%, 08/01/2025 (a)(r)	Lending Club		08/03/2022		3,999		4,024		3,881
191968990.SRDLC, 17.74%, 08/01/2025 (a)(r)	Lending Club		08/03/2022		2,420		2,436		2,349
191972578.SRDLC, 30.99%, 08/02/2027 (a)(r)	Lending Club		08/04/2022		6,254		6,305		6,057

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

65

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
191974346.SRDLC, 26.24%, 08/01/2025 (a)(o)(r)	Lending Club		08/03/2022	$	2,994	$	3,024	$	696
191974355.SRDLC, 30.99%, 08/01/2027 (a)(r)	Lending Club		08/03/2022		5,288		5,334		5,119
191978351.SRDLC, 23.99%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		8,126		8,126		8,046
191981138.SRDLC, 30.99%, 08/01/2027 (a)(r)	Lending Club		08/03/2022		13,224		13,339		12,762
191990878.SRDLC, 16.99%, 08/15/2027 (a)(o)(r)	Lending Club		08/17/2022		24,423		24,423		3,287
191991602.SRDLC, 30.99%, 08/07/2025 (a)(o)(r)	Lending Club		08/04/2022		3,238		3,271		782
191993696.SRDLC, 27.99%, 08/08/2027 (a)(o)(r)	Lending Club		08/10/2022		22,808		22,808		3,070
191995315.SRDLC, 23.99%, 02/17/2028 (a)(o)(r)	Lending Club		08/15/2022		8,762		8,762		4,883
191997758.SRDLC, 26.49%, 08/02/2027 (a)(o)(r)	Lending Club		08/04/2022		22,994		23,224		3,095
192010930.SRDLC, 30.99%, 08/08/2026 (a)(r)	Lending Club		08/10/2022		1,232		1,242		1,206
192020118.SRDLC, 30.99%, 08/23/2027 (a)(o)(r)	Lending Club		08/25/2022		16,049		16,187		15,666
192023144.SRDLC, 23.99%, 08/30/2027 (a)(r)	Lending Club		08/11/2022		8,418		8,418		8,365
192024041.SRDLC, 24.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022		5,016		5,061		4,947
192027703.SRDLC, 14.19%, 08/02/2027 (a)(o)(r)	Lending Club		08/04/2022		5,283		5,283		5,092
192039955.SRDLC, 26.49%, 08/19/2025 (a)(r)	Lending Club		08/08/2022		5,151		5,151		5,052
192040896.SRDLC, 28.99%, 08/16/2025 (a)(r)	Lending Club		08/11/2022		8,589		8,650		8,384
192046955.SRDLC, 24.49%, 08/19/2025 (a)(o)(r)	Lending Club		08/23/2022		7,435		7,435		1,715
192047796.SRDLC, 30.99%, 08/19/2027 (a)(o)(r)	Lending Club		08/23/2022		22,289		22,289		3,000
192054809.SRDLC, 13.19%, 08/12/2027 (a)(o)(r)	Lending Club		08/05/2022		11,166		11,166		11,016
192055314.SRDLC, 15.99%, 08/05/2025 (a)(o)(r)	Lending Club		08/09/2022		5,367		5,367		552
192063068.SRDLC, 27.99%, 08/07/2025 (a)(r)	Lending Club		08/08/2022		1,700		1,712		1,652
192063849.SRDLC, 23.49%, 08/23/2027 (a)(r)	Lending Club		08/23/2022		17,017		17,017		16,235
192065862.SRDLC, 16.49%, 08/10/2027 (a)(r)	Lending Club		08/12/2022		3,336		3,336		3,237
192067979.SRDLC, 10.74%, 08/03/2025 (a)(r)	Lending Club		08/05/2022		1,168		1,168		1,135
192069607.SRDLC, 14.54%, 08/05/2025 (a)(r)	Lending Club		08/22/2022		5,047		5,080		4,915
192073469.SRDLC, 30.99%, 08/27/2027 (a)(r)	Lending Club		08/23/2022		17,824		17,968		17,440
192075255.SRDLC, 23.99%, 08/03/2027 (a)(r)	Lending Club		08/05/2022		8,943		8,943		8,839
192078630.SRDLC, 26.49%, 08/10/2026 (a)(r)	Lending Club		08/12/2022		4,034		4,066		3,981
192079366.SRDLC, 28.74%, 08/23/2027 (a)(r)	Lending Club		08/10/2022		9,455		9,544		9,258
192079662.SRDLC, 29.49%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		6,107		6,107		5,908
192088574.SRDLC, 14.19%, 08/15/2027 (a)(o)(r)	Lending Club		08/08/2022		19,392		19,392		2,610
192091160.SRDLC, 30.99%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		4,289		4,319		4,222
192095084.SRDLC, 23.99%, 08/04/2027 (a)(r)	Lending Club		08/08/2022		11,179		11,179		11,060
192107400.SRDLC, 16.49%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		3,341		3,341		3,245
192107870.SRDLC, 23.99%, 08/18/2027 (a)(r)	Lending Club		08/08/2022		8,681		8,681		8,612
192113123.SRDLC, 21.49%, 08/23/2027 (a)(o)(r)	Lending Club		08/25/2022		6,362		6,426		856
192117523.SRDLC, 23.49%, 08/03/2025 (a)(r)	Lending Club		08/04/2022		2,491		2,491		2,398
192120626.SRDLC, 25.49%, 08/05/2027 (a)(o)(r)	Lending Club		08/09/2022		5,006		5,056		674
192123907.SRDLC, 21.99%, 08/05/2025 (a)(r)	Lending Club		08/09/2022		6,177		6,217		6,010
192130656.SRDLC, 28.99%, 08/05/2024 (a)(r)	Lending Club		08/09/2022		1,217		1,223		1,213
192131702.SRDLC, 19.69%, 08/15/2027 (a)(r)	Lending Club		08/05/2022		12,802		12,802		11,897
192132332.SRDLC, 12.99%, 08/04/2025 (a)(r)	Lending Club		08/08/2022		1,313		1,313		1,277
192134408.SRDLC, 15.99%, 08/05/2025 (a)(r)	Lending Club		08/09/2022		1,200		1,200		1,176
192135953.SRDLC, 20.24%, 08/10/2025 (a)(r)	Lending Club		08/12/2022		3,403		3,403		3,350
192139310.SRDLC, 23.99%, 08/05/2027 (a)(r)	Lending Club		08/09/2022		12,899		12,899		12,766
192143591.SRDLC, 20.24%, 08/15/2027 (a)(r)	Lending Club		08/17/2022		18,641		18,641		18,483
192143725.SRDLC, 23.99%, 08/05/2027 (a)(o)(r)	Lending Club		08/09/2022		1,713		1,713		1,696
192144590.SRDLC, 20.74%, 08/23/2027 (a)(r)	Lending Club		08/19/2022		7,289		7,350		7,122
192147934.SRDLC, 16.69%, 08/22/2027 (a)(r)	Lending Club		08/10/2022		21,047		21,047		20,374
192153817.SRDLC, 30.99%, 08/15/2025 (a)(r)	Lending Club		08/10/2022		1,754		1,770		1,712
192156519.SRDLC, 22.99%, 08/10/2027 (a)(o)(r)	Lending Club		08/12/2022		17,709		17,709		5,627
192157437.SRDLC, 25.99%, 08/19/2025 (a)(o)(r)	Lending Club		08/23/2022		16,885		16,885		4,059
192165868.SRDLC, 30.99%, 08/19/2027 (a)(o)(r)	Lending Club		08/10/2022		10,649		10,750		10,399
192173279.SRDLC, 27.99%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		10,698		10,698		10,516
192183697.SRDLC, 22.99%, 08/19/2025 (a)(r)	Lending Club		08/10/2022		3,494		3,494		3,446
192185539.SRDLC, 30.99%, 08/05/2027 (a)(o)(r)	Lending Club		08/09/2022		4,220		4,220		4,223
192187274.SRDLC, 15.74%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		11,982		12,059		11,647

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

66

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
192192717.SRDLC, 10.99%, 08/10/2027 (a)(r)	Lending Club		08/12/2022	$	10,569	$	10,569	$	10,323
192193246.SRDLC, 16.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		1,675		1,685		1,628
192198391.SRDLC, 28.99%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		8,405		8,405		8,500
192200565.SRDLC, 24.99%, 08/21/2025 (a)(o)(r)	Lending Club		08/10/2022		10,877		10,952		10,643
192205187.SRDLC, 10.00%, 05/15/2028 (a)(o)(r)	Lending Club		08/10/2022		7,388		7,460		4,504
192209553.SRDLC, 30.99%, 08/15/2027 (a)(r)	Lending Club		08/10/2022		6,221		6,276		6,060
192215872.SRDLC, 26.24%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		4,759		4,792		4,687
192219742.SRDLC, 28.99%, 08/15/2027 (a)(o)(r)	Lending Club		08/17/2022		10,724		10,724		—
192223354.SRDLC, 23.99%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		34,396		34,396		34,059
192228291.SRDLC, 30.74%, 08/22/2025 (a)(o)(r)	Lending Club		08/10/2022		1,907		1,926		332
192229952.SRDLC, 18.99%, 08/10/2025 (a)(r)	Lending Club		08/12/2022		4,735		4,766		4,613
192235260.SRDLC, 23.99%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		7,610		7,610		7,536
192237494.SRDLC, 20.49%, 08/25/2027 (a)(r)	Lending Club		08/12/2022		5,145		5,145		5,105
192238273.SRDLC, 30.99%, 08/05/2025 (a)(o)(r)	Lending Club		09/01/2022		2,840		2,868		674
192238825.SRDLC, 20.74%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		16,407		16,407		16,240
192242182.SRDLC, 17.49%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		2,417		2,433		2,350
192247384.SRDLC, 24.49%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		10,338		10,426		10,123
192249815.SRDLC, 28.99%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		4,960		4,960		4,842
192252812.SRDLC, 25.99%, 08/18/2025 (a)(r)	Lending Club		08/22/2022		17,478		17,478		17,326
192252952.SRDLC, 10.00%, 05/17/2028 (a)(o)(r)	Lending Club		08/10/2022		5,600		5,600		3,400
192256223.SRDLC, 19.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		3,251		3,271		3,164
192261309.SRDLC, 19.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		6,118		6,158		5,956
192264548.SRDLC, 19.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		1,701		1,715		1,649
192264740.SRDLC, 19.99%, 08/08/2025 (a)(o)(r)	Lending Club		08/10/2022		8,036		8,116		1,082
192266752.SRDLC, 16.49%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		8,801		8,801		8,495
192269870.SRDLC, 30.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		715		720		698
192274785.SRDLC, 25.99%, 08/08/2026 (a)(r)	Lending Club		08/10/2022		4,027		4,058		3,970
192275572.SRDLC, 17.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		792		797		772
192276261.SRDLC, 19.44%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		13,559		13,559		13,340
192281994.SRDLC, 23.99%, 08/09/2027 (a)(o)(r)	Lending Club		08/11/2022		628		628		85
192283274.SRDLC, 24.99%, 08/11/2025 (a)(r)	Lending Club		08/15/2022		2,923		2,942		2,875
192283329.SRDLC, 16.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		6,698		6,742		6,512
192289140.SRDLC, 27.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		3,527		3,551		3,443
192289776.SRDLC, 12.54%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		19,645		19,645		19,111
192292011.SRDLC, 28.99%, 08/08/2026 (a)(r)	Lending Club		08/10/2022		1,467		1,479		1,436
192292446.SRDLC, 23.99%, 08/09/2027 (a)(r)	Lending Club		08/11/2022		10,233		10,233		10,136
192292509.SRDLC, 18.49%, 08/24/2025 (a)(o)(r)	Lending Club		08/11/2022		7,314		7,314		1,667
192292874.SRDLC, 17.99%, 08/12/2025 (a)(r)	Lending Club		08/16/2022		2,356		2,371		2,293
192294945.SRDLC, 20.99%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		6,629		6,685		6,438
192295500.SRDLC, 20.99%, 08/22/2025 (a)(o)(r)	Lending Club		08/10/2022		8,132		8,213		1,095
192296019.SRDLC, 30.99%, 08/02/2027 (a)(r)	Lending Club		08/17/2022		4,827		4,827		4,859
192297284.SRDLC, 19.99%, 08/08/2025 (a)(r)	Lending Club		08/10/2022		1,869		1,882		1,820
192299352.SRDLC, 25.99%, 08/25/2025 (a)(r)	Lending Club		08/12/2022		3,551		3,551		3,509
192302596.SRDLC, 19.99%, 08/08/2025 (a)(o)(r)	Lending Club		08/10/2022		1,558		1,573		129
192303177.SRDLC, 24.99%, 08/16/2025 (a)(r)	Lending Club		08/12/2022		2,799		2,817		2,743
192306426.SRDLC, 19.99%, 08/26/2025 (a)(o)(r)	Lending Club		08/30/2022		4,046		4,086		34
192308073.SRDLC, 18.74%, 08/08/2027 (a)(r)	Lending Club		08/10/2022		18,525		18,679		17,879
192333305.SRDLC, 23.99%, 08/16/2027 (a)(r)	Lending Club		08/12/2022		12,976		12,976		12,833
192333734.SRDLC, 30.49%, 09/17/2027 (a)(r)	Lending Club		09/07/2022		11,777		11,890		11,450
192335280.SRDLC, 12.74%, 08/16/2025 (a)(r)	Lending Club		08/12/2022		15,785		15,785		15,418
192336857.SRDLC, 19.74%, 08/16/2025 (a)(o)(r)	Lending Club		08/18/2022		11,679		11,679		1,917
192338100.SRDLC, 14.69%, 08/11/2027 (a)(r)	Lending Club		08/15/2022		9,927		9,927		9,593
192338257.SRDLC, 18.49%, 08/09/2025 (a)(r)	Lending Club		08/11/2022		16,870		16,981		16,406
192344065.SRDLC, 12.74%, 08/09/2025 (a)(r)	Lending Club		08/11/2022		1,311		1,311		1,275
192350217.SRDLC, 13.99%, 08/15/2025 (a)(r)	Lending Club		08/11/2022		7,287		7,287		7,088
192356023.SRDLC, 23.99%, 08/15/2025 (a)(r)	Lending Club		08/15/2022		8,344		8,344		8,073
192356215.SRDLC, 8.09%, 08/25/2025 (a)(r)	Lending Club		08/11/2022		10,355		10,355		10,135

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

67

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
192359015.SRDLC, 13.99%, 08/10/2027 (a)(o)(r)	Lending Club		08/12/2022	$	6,705	$	6,705	$	1,920
192359087.SRDLC, 30.99%, 08/10/2027 (a)(o)(r)	Lending Club		08/12/2022		7,699		7,776		1,036
192359709.SRDLC, 30.99%, 08/10/2025 (a)(r)	Lending Club		08/12/2022		2,019		2,033		1,974
192367518.SRDLC, 13.39%, 12/11/2025 (a)(o)(r)	Lending Club		08/15/2022		19,158		19,158		11,562
192370079.SRDLC, 30.49%, 08/20/2027 (a)(r)	Lending Club		08/12/2022		12,579		12,700		12,249
192373124.SRDLC, 30.99%, 08/30/2026 (a)(o)(r)	Lending Club		09/01/2022		763		770		103
192373917.SRDLC, 25.49%, 09/01/2025 (a)(r)	Lending Club		08/24/2022		3,506		3,530		3,391
192379595.SRDLC, 13.99%, 08/15/2027 (a)(r)	Lending Club		08/17/2022		13,194		13,194		12,896
192385569.SRDLC, 24.99%, 08/15/2025 (a)(r)	Lending Club		08/15/2022		3,494		3,494		3,380
192388823.SRDLC, 22.24%, 08/11/2025 (a)(r)	Lending Club		08/15/2022		6,564		6,608		6,393
192390755.SRDLC, 10.54%, 08/26/2025 (a)(r)	Lending Club		08/15/2022		7,835		7,835		7,655
192398119.SRDLC, 8.59%, 08/16/2025 (a)(r)	Lending Club		08/25/2022		7,675		7,675		7,507
192400720.SRDLC, 22.99%, 08/14/2027 (a)(o)(r)	Lending Club		08/16/2022		8,674		8,674		1,800
192404623.SRDLC, 23.99%, 08/26/2027 (a)(o)(r)	Lending Club		08/22/2022		3,673		3,673		3,630
192407409.SRDLC, 10.29%, 08/03/2025 (a)(r)	Lending Club		08/16/2022		7,733		7,733		7,551
192409831.SRDLC, 23.49%, 08/15/2027 (a)(r)	Lending Club		08/15/2022		12,911		13,020		12,651
192410539.SRDLC, 30.99%, 08/11/2027 (a)(o)(r)	Lending Club		08/15/2022		4,739		4,786		638
192413613.SRDLC, 20.99%, 08/11/2024 (a)(r)	Lending Club		08/15/2022		1,892		1,898		1,878
192416611.SRDLC, 10.79%, 08/15/2025 (a)(r)	Lending Club		08/16/2022		11,092		11,092		10,836
192420352.SRDLC, 16.69%, 08/27/2027 (a)(r)	Lending Club		08/16/2022		30,267		30,267		29,343
192422507.SRDLC, 11.84%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		19,574		19,574		19,165
192427492.SRDLC, 17.89%, 08/12/2025 (a)(o)(r)	Lending Club		08/16/2022		5,542		5,542		746
192427494.SRDLC, 23.99%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		10,812		10,812		10,650
192428920.SRDLC, 16.24%, 08/18/2027 (a)(r)	Lending Club		08/22/2022		12,495		12,495		12,140
192431792.SRDLC, 21.49%, 08/15/2027 (a)(r)	Lending Club		08/17/2022		8,516		8,516		8,104
192435997.SRDLC, 10.29%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		4,271		4,271		4,184
192439827.SRDLC, 18.99%, 08/20/2025 (a)(r)	Lending Club		08/16/2022		4,090		4,090		4,018
192441361.SRDLC, 28.99%, 08/25/2027 (a)(r)	Lending Club		08/24/2022		10,535		10,535		10,617
192442933.SRDLC, 30.99%, 09/07/2025 (a)(r)	Lending Club		09/09/2022		3,324		3,348		3,232
192448747.SRDLC, 23.99%, 08/15/2025 (a)(o)(r)	Lending Club		08/17/2022		1,292		1,292		174
192450920.SRDLC, 25.49%, 08/12/2027 (a)(r)	Lending Club		08/16/2022		5,165		5,216		5,068
192462667.SRDLC, 20.24%, 08/15/2025 (a)(o)(r)	Lending Club		08/17/2022		7,150		7,150		7,001
192464895.SRDLC, 28.49%, 08/25/2027 (a)(o)(r)	Lending Club		08/16/2022		14,134		14,275		1,902
192465706.SRDLC, 19.74%, 08/12/2025 (a)(r)	Lending Club		08/16/2022		2,716		2,734		2,649
192468743.SRDLC, 10.79%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		2,595		2,595		2,538
192474798.SRDLC, 18.24%, 08/01/2025 (a)(r)	Lending Club		08/17/2022		3,999		3,999		3,925
192479865.SRDLC, 23.74%, 08/17/2025 (a)(r)	Lending Club		08/19/2022		6,919		6,919		6,850
192481710.SRDLC, 14.69%, 08/15/2027 (a)(r)	Lending Club		08/17/2022		23,163		23,163		22,396
192483374.SRDLC, 17.49%, 08/04/2025 (a)(r)	Lending Club		08/17/2022		8,729		8,729		8,473
192511932.SRDLC, 18.24%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		475		475		466
192512046.SRDLC, 24.99%, 08/29/2027 (a)(r)	Lending Club		08/31/2022		3,452		3,452		3,445
192512188.SRDLC, 25.99%, 08/16/2027 (a)(r)	Lending Club		08/18/2022		4,158		4,158		4,055
192514171.SRDLC, 7.59%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		3,508		3,508		3,430
192516798.SRDLC, 25.99%, 08/17/2027 (a)(r)	Lending Club		08/19/2022		9,530		9,530		9,465
192518141.SRDLC, 16.24%, 08/04/2025 (a)(r)	Lending Club		08/17/2022		4,562		4,562		4,470
192520209.SRDLC, 28.99%, 08/17/2024 (a)(o)(r)	Lending Club		08/19/2022		808		815		803
192521291.SRDLC, 24.44%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		3,161		3,161		3,118
192526019.SRDLC, 28.49%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		5,681		5,681		5,742
192533157.SRDLC, 16.74%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		5,017		5,050		4,886
192539008.SRDLC, 8.84%, 08/15/2025 (a)(r)	Lending Club		08/17/2022		18,623		18,623		18,212
192540719.SRDLC, 10.54%, 08/19/2025 (a)(r)	Lending Club		08/17/2022		8,312		8,312		8,120
192541375.SRDLC, 17.69%, 08/07/2025 (a)(o)(r)	Lending Club		08/17/2022		3,718		3,718		586
192545623.SRDLC, 25.74%, 08/17/2027 (a)(r)	Lending Club		08/19/2022		9,521		9,521		9,457
192555420.SRDLC, 26.99%, 08/15/2024 (a)(o)(r)	Lending Club		08/17/2022		2,071		2,091		279
192557901.SRDLC, 11.29%, 08/16/2025 (a)(r)	Lending Club		08/18/2022		5,595		5,595		5,472
192557988.SRDLC, 15.00%, 01/15/2026 (a)(r)	Lending Club		08/17/2022		10,496		10,600		6,599
192559734.SRDLC, 9.09%, 08/16/2025 (a)(r)	Lending Club		08/18/2022		7,716		7,716		7,547

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

68

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
192560879.SRDLC, 19.69%, 08/16/2025 (a)(o)(r)	Lending Club		08/18/2022	$	4,748	$	4,748	$	778
192565665.SRDLC, 28.99%, 08/30/2027 (a)(r)	Lending Club		08/24/2022		13,253		13,253		13,394
192568630.SRDLC, 20.99%, 08/16/2025 (a)(r)	Lending Club		08/18/2022		8,196		8,251		8,003
192569769.SRDLC, 22.74%, 08/30/2027 (a)(o)(r)	Lending Club		08/18/2022		18,625		18,625		2,507
192570177.SRDLC, 19.99%, 08/16/2025 (a)(o)(r)	Lending Club		08/18/2022		3,304		3,337		445
192575011.SRDLC, 30.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022		5,003		5,036		4,947
192578477.SRDLC, 19.49%, 08/16/2025 (a)(r)	Lending Club		08/18/2022		4,441		4,470		4,332
192579359.SRDLC, 32.39%, 08/08/2027 (a)(r)	Lending Club		08/18/2022		8,457		8,542		8,250
192582047.SRDLC, 15.74%, 08/17/2025 (a)(o)(r)	Lending Club		08/19/2022		7,459		7,459		7,312
192585807.SRDLC, 25.99%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		4,894		4,894		4,854
192588957.SRDLC, 32.39%, 08/30/2027 (a)(o)(r)	Lending Club		08/22/2022		19,661		19,858		—
192590629.SRDLC, 30.99%, 09/02/2025 (a)(o)(r)	Lending Club		08/23/2022		2,634		2,653		2,542
192593103.SRDLC, 28.99%, 08/19/2025 (a)(r)	Lending Club		08/18/2022		2,303		2,319		2,255
192595259.SRDLC, 18.49%, 08/01/2025 (a)(o)(r)	Lending Club		08/18/2022		2,830		2,849		2,734
192596654.SRDLC, 6.79%, 08/16/2025 (a)(r)	Lending Club		08/18/2022		10,930		10,930		10,692
192601175.SRDLC, 28.49%, 08/16/2025 (a)(o)(r)	Lending Club		08/18/2022		4,481		4,526		603
192603694.SRDLC, 11.29%, 08/25/2025 (a)(o)(r)	Lending Club		08/29/2022		7,336		7,336		—
192604561.SRDLC, 23.99%, 08/17/2025 (a)(o)(r)	Lending Club		08/19/2022		2,805		2,805		2,723
192605471.SRDLC, 10.79%, 08/18/2025 (a)(o)(r)	Lending Club		08/22/2022		2,521		2,521		2,467
192605521.SRDLC, 25.99%, 08/21/2025 (a)(r)	Lending Club		08/18/2022		6,243		6,286		6,137
192606607.SRDLC, 18.94%, 08/18/2025 (a)(r)	Lending Club		08/22/2022		6,763		6,763		6,679
192607073.SRDLC, 29.99%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		7,906		7,906		7,992
192608111.SRDLC, 23.49%, 08/17/2027 (a)(r)	Lending Club		08/19/2022		6,866		6,924		6,745
192608673.SRDLC, 30.99%, 08/17/2025 (a)(r)	Lending Club		08/19/2022		3,574		3,599		3,508
192609947.SRDLC, 25.99%, 09/15/2025 (a)(o)(r)	Lending Club		08/25/2022		6,241		6,241		6,091
192610948.SRDLC, 23.49%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		6,579		6,624		6,472
192612289.SRDLC, 30.99%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		5,288		5,335		5,189
192613924.SRDLC, 19.94%, 08/30/2027 (a)(r)	Lending Club		08/22/2022		22,194		22,194		22,059
192614412.SRDLC, 25.99%, 08/17/2025 (a)(r)	Lending Club		08/19/2022		16,779		16,894		16,539
192615132.SRDLC, 22.99%, 08/17/2025 (a)(o)(r)	Lending Club		08/19/2022		7,219		7,291		972
192620926.SRDLC, 25.99%, 08/17/2025 (a)(r)	Lending Club		08/19/2022		1,049		1,056		1,034
192622579.SRDLC, 16.49%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		20,202		20,202		19,632
192624533.SRDLC, 24.74%, 08/18/2025 (a)(r)	Lending Club		08/22/2022		4,171		4,171		4,054
192625413.SRDLC, 21.19%, 08/18/2027 (a)(r)	Lending Club		08/22/2022		26,368		26,368		26,173
192629073.SRDLC, 32.39%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		13,281		13,398		13,021
192631895.SRDLC, 19.99%, 08/17/2025 (a)(r)	Lending Club		08/19/2022		6,797		6,843		6,639
192634375.SRDLC, 13.99%, 08/17/2025 (a)(r)	Lending Club		08/19/2022		26,390		26,390		25,699
192637025.SRDLC, 30.99%, 08/18/2025 (a)(o)(r)	Lending Club		08/22/2022		2,743		2,771		695
192639185.SRDLC, 25.99%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		9,823		9,823		9,755
192640791.SRDLC, 15.00%, 12/28/2025 (a)(r)	Lending Club		08/22/2022		1,590		1,605		1,152
192642788.SRDLC, 30.99%, 02/25/2028 (a)(o)(r)	Lending Club		08/29/2022		5,131		5,182		691
192642800.SRDLC, 30.99%, 08/31/2025 (a)(r)	Lending Club		08/23/2022		3,287		3,314		3,227
192645606.SRDLC, 16.19%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		6,672		6,672		6,559
192646300.SRDLC, 5.00%, 03/26/2026 (a)(o)(r)	Lending Club		08/30/2022		4,194		4,236		2,947
192655658.SRDLC, 24.49%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		5,556		5,556		5,383
192655928.SRDLC, 24.99%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		6,215		6,215		6,197
192659696.SRDLC, 23.99%, 08/16/2025 (a)(r)	Lending Club		08/23/2022		2,140		2,140		2,079
192662250.SRDLC, 29.49%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		17,753		17,753		17,314
192662590.SRDLC, 26.49%, 08/04/2025 (a)(r)	Lending Club		08/23/2022		5,950		5,950		5,864
192666442.SRDLC, 20.49%, 08/31/2027 (a)(r)	Lending Club		08/30/2022		10,214		10,214		10,124
192668831.SRDLC, 22.49%, 01/23/2028 (a)(o)(r)	Lending Club		08/25/2022		20,045		20,045		1,645
192668976.SRDLC, 22.49%, 08/22/2027 (a)(o)(r)	Lending Club		08/24/2022		4,506		4,506		606
192671256.SRDLC, 32.39%, 08/17/2027 (a)(r)	Lending Club		08/23/2022		17,643		17,643		17,870
192681682.SRDLC, 29.49%, 08/25/2025 (a)(o)(r)	Lending Club		08/23/2022		14,785		14,785		14,303
192682285.SRDLC, 15.99%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		6,665		6,665		6,494
192691357.SRDLC, 16.49%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		6,682		6,682		6,511
192691765.SRDLC, 30.99%, 08/28/2025 (a)(r)	Lending Club		08/23/2022		1,813		1,825		1,784

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

69

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
192694158.SRDLC, 25.99%, 08/19/2025 (a)(r)	Lending Club		08/23/2022	$	4,195	$	4,195	$	4,160
192694190.SRDLC, 21.99%, 08/19/2027 (a)(o)(r)	Lending Club		08/23/2022		6,136		6,197		5,934
192698444.SRDLC, 11.29%, 09/01/2025 (a)(r)	Lending Club		09/06/2022		11,741		11,664		11,451
192702036.SRDLC, 26.49%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		10,415		10,415		10,177
192704436.SRDLC, 16.94%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		18,383		18,383		17,823
192708355.SRDLC, 32.39%, 08/19/2027 (a)(r)	Lending Club		08/23/2022		16,859		17,028		16,525
192713407.SRDLC, 18.99%, 08/19/2025 (a)(r)	Lending Club		08/23/2022		2,029		2,043		1,984
192726339.SRDLC, 24.49%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		2,083		2,083		2,027
192743620.SRDLC, 17.24%, 08/23/2025 (a)(r)	Lending Club		08/25/2022		2,683		2,700		2,617
192746030.SRDLC, 25.49%, 09/12/2027 (a)(r)	Lending Club		09/14/2022		23,594		23,390		23,356
192747854.SRDLC, 32.39%, 08/24/2027 (a)(o)(r)	Lending Club		08/26/2022		5,356		5,410		721
192749125.SRDLC, 32.39%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		10,780		10,780		10,904
192758531.SRDLC, 20.49%, 09/16/2024 (a)(r)	Lending Club		09/20/2022		7,359		7,396		7,291
192759832.SRDLC, 22.99%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		20,559		20,559		20,463
192763465.SRDLC, 25.99%, 12/22/2025 (a)(o)(r)	Lending Club		08/24/2022		23,076		23,307		3,106
192766943.SRDLC, 22.99%, 08/29/2027 (a)(r)	Lending Club		08/31/2022		15,419		15,542		15,217
192771675.SRDLC, 25.99%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		14,727		14,727		14,655
192775167.SRDLC, 26.99%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		2,107		2,121		2,074
192776232.SRDLC, 29.99%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		4,270		4,300		4,204
192776777.SRDLC, 30.74%, 08/30/2025 (a)(r)	Lending Club		09/01/2022		2,142		2,158		2,119
192777570.SRDLC, 26.99%, 08/12/2025 (a)(o)(r)	Lending Club		08/24/2022		6,107		6,168		805
192780614.SRDLC, 23.99%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		4,299		4,336		4,232
192782972.SRDLC, 15.44%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		1,273		1,273		1,252
192784709.SRDLC, 11.99%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		6,530		6,530		6,391
192789922.SRDLC, 25.99%, 09/06/2027 (a)(r)	Lending Club		09/08/2022		11,406		11,306		11,238
192792740.SRDLC, 30.99%, 08/30/2025 (a)(r)	Lending Club		09/01/2022		8,576		8,643		8,486
192796294.SRDLC, 9.09%, 09/01/2025 (a)(o)(r)	Lending Club		09/06/2022		6,740		6,740		1,028
192796437.SRDLC, 22.49%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		3,439		3,463		3,366
192800194.SRDLC, 20.99%, 08/23/2025 (a)(r)	Lending Club		08/25/2022		4,781		4,813		4,680
192807692.SRDLC, 26.74%, 08/25/2025 (a)(r)	Lending Club		08/24/2022		8,454		8,512		8,283
192809620.SRDLC, 15.00%, 12/22/2025 (a)(o)(r)	Lending Club		08/24/2022		2,311		2,333		1,613
192810627.SRDLC, 19.94%, 08/23/2025 (a)(o)(r)	Lending Club		08/25/2022		4,806		4,806		647
192815018.SRDLC, 20.99%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		4,098		4,126		4,016
192817165.SRDLC, 15.00%, 02/22/2028 (a)(o)(r)	Lending Club		08/24/2022		11,083		11,192		6,886
192817671.SRDLC, 22.99%, 08/29/2025 (a)(o)(r)	Lending Club		08/31/2022		3,372		3,398		3,340
192817846.SRDLC, 25.99%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		2,932		2,952		2,896
192821713.SRDLC, 29.49%, 08/22/2027 (a)(r)	Lending Club		08/24/2022		3,492		3,492		3,531
192822780.SRDLC, 22.49%, 08/22/2025 (a)(r)	Lending Club		08/24/2022		17,197		17,314		16,829
192824567.SRDLC, 19.74%, 08/23/2025 (a)(r)	Lending Club		08/25/2022		2,173		2,187		2,126
192826738.SRDLC, 28.99%, 08/23/2025 (a)(r)	Lending Club		08/25/2022		1,063		1,070		1,047
192832835.SRDLC, 30.99%, 09/04/2027 (a)(r)	Lending Club		08/25/2022		10,850		10,954		10,373
192835380.SRDLC, 22.99%, 08/23/2025 (a)(r)	Lending Club		08/25/2022		4,482		4,512		4,429
192836364.SRDLC, 20.49%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		1,635		1,646		1,603
192842278.SRDLC, 29.49%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		9,622		9,622		9,406
192845820.SRDLC, 18.49%, 08/25/2025 (a)(o)(r)	Lending Club		08/29/2022		4,220		4,220		4,147
192846539.SRDLC, 26.49%, 08/23/2025 (a)(r)	Lending Club		08/25/2022		1,261		1,261		1,252
192847951.SRDLC, 26.99%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		3,511		3,536		3,461
192855200.SRDLC, 28.99%, 08/26/2027 (a)(o)(r)	Lending Club		08/25/2022		3,721		3,721		3,734
192855485.SRDLC, 30.99%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		8,577		8,638		8,455
192861177.SRDLC, 26.49%, 08/23/2027 (a)(o)(r)	Lending Club		08/25/2022		4,313		4,313		955
192863062.SRDLC, 30.99%, 08/25/2025 (a)(o)(r)	Lending Club		08/29/2022		7,154		7,204		7,025
192864288.SRDLC, 20.99%, 08/05/2025 (a)(o)(r)	Lending Club		08/29/2022		2,560		2,578		2,472
192867016.SRDLC, 15.19%, 08/25/2027 (a)(r)	Lending Club		08/29/2022		5,472		5,472		5,305
192869569.SRDLC, 11.29%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		9,759		9,759		9,555
192869827.SRDLC, 26.74%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		15,124		15,216		14,927
192876219.SRDLC, 30.99%, 08/31/2025 (a)(r)	Lending Club		09/02/2022		4,281		4,314		4,238
192876433.SRDLC, 23.99%, 08/30/2027 (a)(o)(r)	Lending Club		09/01/2022		36,987		36,987		4,978

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

70

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
192876522.SRDLC, 32.39%, 08/25/2027 (a)(r)	Lending Club		08/29/2022	$	7,083	$	7,145	$	6,971
192876723.SRDLC, 24.99%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		2,784		2,784		2,711
192879657.SRDLC, 15.94%, 08/24/2027 (a)(r)	Lending Club		08/26/2022		13,686		13,686		13,258
192881890.SRDLC, 27.24%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		1,687		1,699		1,666
192884522.SRDLC, 11.29%, 08/08/2025 (a)(o)(r)	Lending Club		08/30/2022		19,064		19,064		7,259
192885568.SRDLC, 26.99%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		1,756		1,766		1,724
192886017.SRDLC, 30.99%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		2,144		2,159		2,118
192886814.SRDLC, 22.99%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		5,516		5,554		5,462
192890459.SRDLC, 30.99%, 08/21/2025 (a)(r)	Lending Club		08/29/2022		5,656		5,696		5,578
192890531.SRDLC, 32.39%, 08/31/2027 (a)(o)(r)	Lending Club		08/26/2022		6,762		6,762		6,816
192891554.SRDLC, 20.24%, 08/24/2025 (a)(r)	Lending Club		08/26/2022		3,403		3,403		3,352
192892859.SRDLC, 25.99%, 02/26/2026 (a)(r)	Lending Club		08/30/2022		5,772		5,824		5,602
192894830.SRDLC, 30.99%, 08/03/2027 (a)(o)(r)	Lending Club		08/30/2022		7,131		7,193		6,899
192895571.SRDLC, 19.99%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		2,039		2,053		1,999
192896950.SRDLC, 12.24%, 08/26/2025 (a)(o)(r)	Lending Club		08/30/2022		9,373		9,373		1,489
192896989.SRDLC, 25.99%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		1,403		1,403		1,387
192899816.SRDLC, 20.74%, 08/25/2025 (a)(r)	Lending Club		08/29/2022		2,865		2,865		2,836
192902759.SRDLC, 21.99%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		5,376		5,421		5,222
192913549.SRDLC, 22.49%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		13,679		13,679		13,604
192917763.SRDLC, 12.24%, 09/07/2025 (a)(r)	Lending Club		08/30/2022		6,844		6,844		6,663
192921440.SRDLC, 15.69%, 08/27/2027 (a)(r)	Lending Club		08/30/2022		4,093		4,093		3,982
192923851.SRDLC, 20.99%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		2,049		2,063		2,009
192924727.SRDLC, 25.24%, 08/26/2027 (a)(o)(r)	Lending Club		08/30/2022		9,626		9,626		9,553
192930139.SRDLC, 25.24%, 08/26/2027 (a)(o)(r)	Lending Club		08/30/2022		21,426		21,426		2,884
192931533.SRDLC, 22.74%, 08/22/2027 (a)(r)	Lending Club		08/30/2022		8,526		8,526		8,501
192932397.SRDLC, 20.74%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		16,301		16,301		16,213
192932635.SRDLC, 25.49%, 01/29/2027 (a)(o)(r)	Lending Club		08/31/2022		10,988		10,988		2,471
192934351.SRDLC, 30.99%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		4,290		4,317		4,215
192934415.SRDLC, 14.49%, 08/26/2025 (a)(r)	Lending Club		08/30/2022		13,890		13,890		13,678
192935971.SRDLC, 13.19%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		8,115		8,115		8,045
192947298.SRDLC, 20.49%, 08/26/2025 (a)(o)(r)	Lending Club		08/30/2022		2,544		2,544		2,519
192949362.SRDLC, 20.74%, 08/30/2025 (a)(r)	Lending Club		09/01/2022		6,822		6,871		6,695
192951569.SRDLC, 22.99%, 08/31/2025 (a)(r)	Lending Club		09/02/2022		3,442		3,467		3,415
192954346.SRDLC, 17.49%, 08/06/2025 (a)(r)	Lending Club		08/30/2022		2,796		2,796		2,740
192954423.SRDLC, 30.99%, 09/05/2025 (a)(o)(r)	Lending Club		08/31/2022		3,498		3,533		471
192954826.SRDLC, 15.19%, 08/26/2027 (a)(r)	Lending Club		08/30/2022		13,266		13,266		12,863
192955270.SRDLC, 25.99%, 08/31/2027 (a)(r)	Lending Club		08/30/2022		13,915		13,915		13,814
192955657.SRDLC, 25.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022		6,989		7,033		6,928
192956476.SRDLC, 25.74%, 08/29/2027 (a)(r)	Lending Club		08/31/2022		11,252		11,342		11,110
192956853.SRDLC, 16.49%, 08/15/2025 (a)(r)	Lending Club		09/01/2022		5,285		5,319		5,160
192960228.SRDLC, 15.99%, 09/01/2025 (a)(r)	Lending Club		08/30/2022		8,896		8,896		8,673
192964543.SRDLC, 32.39%, 09/14/2027 (a)(r)	Lending Club		08/31/2022		13,174		13,304		12,619
192966506.SRDLC, 30.99%, 08/29/2025 (a)(o)(r)	Lending Club		08/31/2022		8,235		8,317		1,108
192974045.SRDLC, 20.99%, 08/29/2025 (a)(o)(r)	Lending Club		08/31/2022		5,870		5,929		790
192978951.SRDLC, 31.49%, 08/29/2027 (a)(r)	Lending Club		08/31/2022		9,269		9,344		9,137
192979492.SRDLC, 16.69%, 08/29/2026 (a)(r)	Lending Club		08/31/2022		20,837		20,837		20,320
192979855.SRDLC, 26.99%, 08/30/2025 (a)(o)(r)	Lending Club		09/01/2022		727		732		719
192982092.SRDLC, 22.24%, 08/29/2027 (a)(r)	Lending Club		08/31/2022		7,260		7,260		7,224
192987262.SRDLC, 30.99%, 08/30/2025 (a)(r)	Lending Club		09/01/2022		1,423		1,430		1,408
192989933.SRDLC, 14.94%, 08/29/2027 (a)(r)	Lending Club		08/31/2022		17,392		17,392		16,872
192989998.SRDLC, 30.99%, 08/27/2025 (a)(r)	Lending Club		09/01/2022		4,269		4,302		4,215
192990369.SRDLC, 30.99%, 08/31/2025 (a)(r)	Lending Club		09/02/2022		6,421		6,471		6,357
192991046.SRDLC, 29.99%, 09/03/2025 (a)(o)(r)	Lending Club		09/02/2022		23,077		23,308		3,106
192995083.SRDLC, 32.39%, 08/31/2027 (a)(r)	Lending Club		09/02/2022		10,609		10,711		10,472
192996701.SRDLC, 30.74%, 09/01/2025 (a)(r)	Lending Club		09/06/2022		6,642		6,689		6,442
193000989.SRDLC, 20.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022		1,639		1,639		1,624
193001021.SRDLC, 25.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022		1,258		1,266		1,247

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

71

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE			PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
193001323.SRDLC, 19.69%, 08/29/2025 (a)(r)	Lending Club		08/31/2022		$	6,787	$	6,787	$	6,724
193005732.SRDLC, 23.99%, 08/29/2027 (a)(r)	Lending Club		08/31/2022			12,898		12,898		12,873
193006752.SRDLC, 22.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			6,895		6,939		6,833
193008719.SRDLC, 25.49%, 08/30/2027 (a)(r)	Lending Club		09/01/2022			11,224		11,147		11,205
193008800.SRDLC, 15.99%, 09/23/2025 (a)(r)	Lending Club		09/27/2022			2,216		2,200		2,177
193011037.SRDLC, 15.74%, 08/30/2025 (a)(r)	Lending Club		09/01/2022			5,658		5,622		5,575
193013525.SRDLC, 31.89%, 08/29/2026 (a)(r)	Lending Club		08/31/2022			3,955		3,985		3,925
193015947.SRDLC, 23.74%, 08/30/2025 (a)(r)	Lending Club		09/01/2022			4,160		4,194		4,104
193016420.SRDLC, 24.69%, 08/29/2027 (a)(r)	Lending Club		08/31/2022			12,932		12,932		12,906
193016442.SRDLC, 24.49%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			4,999		5,031		4,955
193018530.SRDLC, 22.24%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			3,092		3,092		3,050
193019713.SRDLC, 23.49%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			8,293		8,293		8,253
193020910.SRDLC, 13.44%, 08/18/2025 (a)(r)	Lending Club		08/31/2022			5,238		5,238		5,125
193025123.SRDLC, 18.74%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			6,756		6,799		6,626
193043411.SRDLC, 25.19%, 08/29/2027 (a)(r)	Lending Club		08/31/2022			4,319		4,319		4,310
193043888.SRDLC, 18.49%, 09/27/2025 (a)(r)	Lending Club		09/29/2022			3,502		3,477		3,457
193045278.SRDLC, 10.79%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			6,202		6,202		6,079
193048715.SRDLC, 18.49%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			16,195		16,299		15,828
193049189.SRDLC, 25.49%, 08/29/2025 (a)(o)(r)	Lending Club		08/31/2022			4,403		4,444		2,354
193051392.SRDLC, 24.99%, 09/16/2027 (a)(r)	Lending Club		09/20/2022			17,704		17,550		17,564
193051775.SRDLC, 24.49%, 09/08/2027 (a)(r)	Lending Club		09/12/2022			4,670		4,628		4,608
193063140.SRDLC, 14.44%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			7,274		7,274		7,166
193067174.SRDLC, 10.79%, 09/03/2025 (a)(r)	Lending Club		08/31/2022			22,333		22,333		21,743
193070371.SRDLC, 30.99%, 09/25/2027 (a)(r)	Lending Club		09/16/2022			4,968		5,016		4,847
193075296.SRDLC, 30.99%, 08/29/2027 (a)(o)(r)	Lending Club		08/31/2022			10,563		10,661		10,411
193075353.SRDLC, 26.49%, 08/31/2027 (a)(o)(r)	Lending Club		09/02/2022			7,568		7,644		1,019
193079923.SRDLC, 20.99%, 08/30/2025 (a)(r)	Lending Club		09/01/2022			1,019		1,027		1,000
193081235.SRDLC, 16.19%, 08/25/2027 (a)(r)	Lending Club		08/31/2022			9,971		9,971		9,664
193081260.SRDLC, 24.74%, 08/30/2027 (a)(o)(r)	Lending Club		08/31/2022			17,021		17,191		2,838
193081267.SRDLC, 30.99%, 08/29/2025 (a)(r)	Lending Club		08/31/2022			2,144		2,158		2,120
193082133.SRDLC, 15.99%, 08/10/2025 (a)(o)(r)	Lending Club		09/01/2022			4,940		4,940		762
193085767.SRDLC, 27.74%, 08/30/2025 (a)(o)(r)	Lending Club		09/01/2022			7,653		7,730		3,377
193085811.SRDLC, 22.49%, 08/31/2027 (a)(r)	Lending Club		09/02/2022			5,979		5,931		5,953
193088858.SRDLC, 28.99%, 08/30/2027 (a)(r)	Lending Club		09/01/2022			9,630		9,721		9,495
193089979.SRDLC, 23.49%, 08/30/2025 (a)(r)	Lending Club		09/01/2022			6,462		6,509		6,407
193104978.SRDLC, 20.99%, 08/30/2025 (a)(r)	Lending Club		09/01/2022			1,623		1,635		1,591
193106592.SRDLC, 24.49%, 09/29/2027 (a)(r)	Lending Club		09/06/2022			7,136		7,074		7,113
193107288.SRDLC, 23.99%, 08/31/2027 (a)(r)	Lending Club		09/02/2022			21,475		21,303		21,449
193109985.SRDLC, 32.39%, 09/09/2027 (a)(o)(r)	Lending Club		09/08/2022			5,035		5,048		678
193110078.SRDLC, 20.99%, 08/31/2025 (a)(r)	Lending Club		09/02/2022			1,364		1,374		1,340
193110115.SRDLC, 20.99%, 09/07/2025 (a)(r)	Lending Club		09/09/2022			2,125		2,139		2,062
193110233.SRDLC, 15.00%, 01/04/2026 (a)(o)(r)	Lending Club		09/01/2022			8,048		8,126		5,370
193110528.SRDLC, 26.49%, 08/31/2027 (a)(r)	Lending Club		09/02/2022	��		8,668		8,749		8,568
193110550.SRDLC, 15.00%, 01/15/2026 (a)(o)(r)	Lending Club		09/01/2022			7,806		7,882		5,226
193120148.SRDLC, 28.99%, 08/31/2027 (a)(r)	Lending Club		09/02/2022			17,487		17,653		17,253
193124504.SRDLC, 27.24%, 08/31/2025 (a)(r)	Lending Club		09/02/2022			702		707		695
193125411.SRDLC, 21.49%, 08/31/2025 (a)(r)	Lending Club		09/02/2022			3,419		3,444		3,357
193127470.SRDLC, 30.99%, 09/08/2025 (a)(r)	Lending Club		09/12/2022			5,910		5,952		5,755
193131853.SRDLC, 26.74%, 08/31/2025 (a)(r)	Lending Club		09/02/2022			4,203		4,234		4,160
193132810.SRDLC, 24.49%, 08/31/2027 (a)(r)	Lending Club		09/02/2022			8,248		8,317		8,150
193133751.SRDLC, 30.99%, 08/31/2025 (a)(r)	Lending Club		09/02/2022			712		718		704
193133835.SRDLC, 18.49%, 09/01/2025 (a)(r)	Lending Club		09/06/2022			7,024		6,976		6,853
193139838.SRDLC, 13.99%, 09/01/2025 (a)(r)	Lending Club		09/06/2022			1,646		1,635		1,610
193147466.SRDLC, 23.99%, 09/15/2027 (a)(r)	Lending Club		09/06/2022			27,522		27,298		27,183
193150159.SRDLC, 30.99%, 08/31/2025 (a)(r)	Lending Club		09/02/2022			1,712		1,726		1,695
193178019.SRDLC, 28.24%, 09/02/2025 (a)(o)(r)	Lending Club		09/07/2022			9,637		9,637		1,297
193178153.SRDLC, 9.59%, 09/07/2027 (a)(r)	Lending Club		09/09/2022			14,794		14,674		14,435

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

72

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
193178177.SRDLC, 17.19%, 09/06/2027 (a)(r)	Lending Club		09/08/2022	$	24,631	$	24,424	$	23,765
193184149.SRDLC, 18.99%, 09/21/2025 (a)(r)	Lending Club		09/08/2022		3,216		3,238		3,122
193185229.SRDLC, 30.99%, 09/22/2027 (a)(o)(r)	Lending Club		09/09/2022		7,358		7,376		1,249
193207659.SRDLC, 15.99%, 09/20/2025 (a)(r)	Lending Club		09/08/2022		6,971		6,924		6,830
193213965.SRDLC, 26.99%, 09/22/2025 (a)(r)	Lending Club		09/26/2022		5,214		5,252		5,120
193225539.SRDLC, 32.39%, 09/15/2027 (a)(r)	Lending Club		09/07/2022		8,434		8,509		8,215
193234903.SRDLC, 26.49%, 09/07/2025 (a)(o)(r)	Lending Club		09/09/2022		21,006		21,006		2,827
193239193.SRDLC, 20.49%, 09/09/2027 (a)(r)	Lending Club		09/13/2022		12,043		11,940		11,915
193242762.SRDLC, 17.74%, 10/06/2025 (a)(o)(r)	Lending Club		09/08/2022		11,940		11,940		4,680
193242817.SRDLC, 15.99%, 09/06/2025 (a)(o)(r)	Lending Club		09/08/2022		5,770		5,770		2,150
193245917.SRDLC, 15.99%, 09/12/2025 (a)(r)	Lending Club		09/14/2022		4,985		4,951		4,885
193266605.SRDLC, 32.39%, 09/15/2027 (a)(r)	Lending Club		09/08/2022		18,044		17,979		18,038
193273526.SRDLC, 25.99%, 09/07/2025 (a)(r)	Lending Club		09/09/2022		2,900		2,904		2,821
193278182.SRDLC, 9.34%, 09/13/2025 (a)(r)	Lending Club		09/12/2022		6,716		6,673		6,555
193279016.SRDLC, 9.59%, 09/02/2025 (a)(r)	Lending Club		09/16/2022		5,010		4,977		4,885
193287070.SRDLC, 18.19%, 09/11/2026 (a)(r)	Lending Club		09/08/2022		1,997		1,982		1,978
193294673.SRDLC, 20.44%, 09/20/2027 (a)(r)	Lending Club		09/08/2022		13,047		12,937		12,880
193299697.SRDLC, 13.99%, 09/07/2025 (a)(r)	Lending Club		09/09/2022		3,841		3,816		3,735
193309315.SRDLC, 15.99%, 09/06/2025 (a)(r)	Lending Club		09/08/2022		5,539		5,502		5,421
193322974.SRDLC, 31.74%, 09/07/2027 (a)(o)(r)	Lending Club		09/09/2022		6,728		6,745		906
193330824.SRDLC, 22.74%, 10/11/2027 (a)(o)(r)	Lending Club		10/13/2022		12,647		12,543		12,486
193333795.SRDLC, 25.99%, 09/08/2025 (a)(r)	Lending Club		09/12/2022		3,619		3,644		3,542
193341840.SRDLC, 32.39%, 09/15/2027 (a)(o)(r)	Lending Club		09/29/2022		13,501		13,636		3,139
193343769.SRDLC, 18.24%, 09/22/2025 (a)(r)	Lending Club		09/15/2022		1,170		1,178		1,138
193345355.SRDLC, 32.39%, 08/12/2028 (a)(o)(r)	Lending Club		09/14/2022		9,480		9,575		1,276
193347562.SRDLC, 18.24%, 09/09/2025 (a)(r)	Lending Club		09/13/2022		10,144		10,213		9,832
193348242.SRDLC, 25.49%, 09/07/2027 (a)(r)	Lending Club		09/09/2022		7,006		7,067		6,847
193355104.SRDLC, 10.79%, 09/19/2025 (a)(r)	Lending Club		09/21/2022		23,640		23,483		23,108
193357114.SRDLC, 13.19%, 09/22/2025 (a)(r)	Lending Club		09/12/2022		10,335		10,265		10,084
193359361.SRDLC, 24.24%, 09/09/2025 (a)(r)	Lending Club		09/13/2022		1,239		1,230		1,220
193363726.SRDLC, 27.99%, 09/16/2024 (a)(o)(r)	Lending Club		09/20/2022		8,961		9,051		1,206
193378827.SRDLC, 15.99%, 09/27/2025 (a)(r)	Lending Club		09/14/2022		13,260		13,162		12,871
193390533.SRDLC, 30.99%, 09/04/2027 (a)(o)(r)	Lending Club		09/14/2022		5,651		5,708		692
193392433.SRDLC, 21.49%, 09/08/2025 (a)(r)	Lending Club		09/12/2022		3,549		3,574		3,447
193397249.SRDLC, 25.24%, 09/09/2025 (a)(o)(r)	Lending Club		09/13/2022		15,622		15,465		2,103
193401898.SRDLC, 28.99%, 09/12/2025 (a)(r)	Lending Club		09/14/2022		4,891		4,856		4,720
193402913.SRDLC, 26.49%, 09/16/2025 (a)(o)(r)	Lending Club		09/20/2022		3,864		3,825		917
193405242.SRDLC, 24.49%, 09/22/2025 (a)(r)	Lending Club		09/27/2022		2,729		2,710		2,651
193406936.SRDLC, 13.74%, 09/21/2025 (a)(r)	Lending Club		09/23/2022		14,825		14,723		14,473
193409636.SRDLC, 15.00%, 11/21/2025 (a)(r)	Lending Club		09/14/2022		7,558		7,504		5,025
193413820.SRDLC, 32.39%, 10/25/2027 (a)(o)(r)	Lending Club		09/13/2022		4,666		4,713		—
193427219.SRDLC, 28.99%, 09/30/2025 (a)(r)	Lending Club		09/23/2022		14,777		14,676		14,268
193432417.SRDLC, 13.69%, 09/15/2025 (a)(o)(r)	Lending Club		09/14/2022		36,066		35,705		4,854
193441057.SRDLC, 32.39%, 09/20/2027 (a)(r)	Lending Club		09/14/2022		7,240		7,310		7,011
193442527.SRDLC, 25.99%, 09/12/2025 (a)(r)	Lending Club		09/14/2022		2,170		2,186		2,127
193469852.SRDLC, 14.54%, 09/27/2025 (a)(r)	Lending Club		09/14/2022		1,662		1,673		1,616
193490277.SRDLC, 25.99%, 09/12/2025 (a)(r)	Lending Club		09/14/2022		868		875		851
193491097.SRDLC, 25.49%, 09/12/2027 (a)(r)	Lending Club		09/14/2022		5,306		5,349		5,184
193495324.SRDLC, 25.99%, 09/12/2025 (a)(o)(r)	Lending Club		09/14/2022		5,384		5,438		2,150
193502349.SRDLC, 21.99%, 09/14/2025 (a)(r)	Lending Club		09/16/2022		5,122		5,158		4,983
193508769.SRDLC, 32.39%, 09/19/2027 (a)(r)	Lending Club		09/21/2022		17,901		17,741		18,018
193514957.SRDLC, 24.99%, 09/15/2027 (a)(r)	Lending Club		09/19/2022		27,802		27,559		27,572
193515056.SRDLC, 18.99%, 09/13/2025 (a)(r)	Lending Club		09/15/2022		5,616		5,654		5,460
193519115.SRDLC, 30.99%, 09/14/2025 (a)(r)	Lending Club		09/14/2022		3,705		3,732		3,597
193521654.SRDLC, 29.49%, 09/13/2027 (a)(o)(r)	Lending Club		09/15/2022		11,456		11,342		1,801
193525822.SRDLC, 20.49%, 09/20/2025 (a)(r)	Lending Club		09/22/2022		2,968		2,947		2,923
193542597.SRDLC, 23.49%, 09/13/2025 (a)(o)(r)	Lending Club		09/15/2022		19,261		19,454		4,550

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

73

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
193543089.SRDLC, 25.19%, 09/27/2027 (a)(r)	Lending Club		09/29/2022	$	9,089	$	9,009	$	9,048
193565598.SRDLC, 15.99%, 09/16/2025 (a)(r)	Lending Club		09/20/2022		1,965		1,952		1,918
193582949.SRDLC, 18.49%, 09/16/2025 (a)(r)	Lending Club		09/20/2022		22,291		22,137		21,755
193602909.SRDLC, 24.49%, 09/15/2027 (a)(r)	Lending Club		09/19/2022		7,855		7,923		7,704
193612173.SRDLC, 10.79%, 09/19/2025 (a)(o)(r)	Lending Club		09/21/2022		5,190		5,138		1,144
193639194.SRDLC, 20.49%, 09/19/2027 (a)(r)	Lending Club		09/21/2022		8,602		8,529		8,528
193640201.SRDLC, 32.39%, 09/19/2027 (a)(r)	Lending Club		09/21/2022		12,441		12,316		12,324
193645928.SRDLC, 5.00%, 04/01/2028 (a)(r)	Lending Club		09/20/2022		4,526		4,572		2,340
193662673.SRDLC, 15.99%, 09/19/2025 (a)(r)	Lending Club		09/21/2022		480		476		477
193689839.SRDLC, 30.99%, 09/19/2025 (a)(r)	Lending Club		09/21/2022		2,955		2,976		2,894
193693368.SRDLC, 19.99%, 09/23/2025 (a)(r)	Lending Club		09/27/2022		2,538		2,556		2,478
193696796.SRDLC, 32.39%, 09/16/2027 (a)(r)	Lending Club		09/20/2022		17,901		18,060		17,485
193700025.SRDLC, 24.94%, 09/22/2025 (a)(r)	Lending Club		09/21/2022		1,446		1,436		1,424
193704775.SRDLC, 20.99%, 10/07/2027 (a)(r)	Lending Club		10/12/2022		8,736		8,755		8,420
193709519.SRDLC, 9.09%, 09/23/2025 (a)(r)	Lending Club		09/27/2022		3,282		3,260		3,211
193712658.SRDLC, 29.74%, 09/26/2025 (a)(r)	Lending Club		09/28/2022		4,410		4,442		4,338
193717551.SRDLC, 21.99%, 09/27/2025 (a)(o)(r)	Lending Club		09/29/2022		4,943		4,993		665
193719168.SRDLC, 22.49%, 09/19/2027 (a)(r)	Lending Club		09/21/2022		8,666		8,591		8,591
193722521.SRDLC, 30.99%, 09/23/2027 (a)(r)	Lending Club		09/27/2022		21,455		21,645		21,032
193741451.SRDLC, 29.99%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		2,575		2,594		2,534
193755232.SRDLC, 20.49%, 09/21/2027 (a)(o)(r)	Lending Club		09/23/2022		21,822		21,603		2,937
193814373.SRDLC, 30.99%, 09/21/2025 (a)(r)	Lending Club		09/23/2022		2,438		2,455		2,391
193823411.SRDLC, 30.99%, 03/22/2026 (a)(o)(r)	Lending Club		09/26/2022		8,502		8,587		1,144
193838030.SRDLC, 24.99%, 10/05/2027 (a)(o)(r)	Lending Club		10/07/2022		31,701		31,385		31,156
193845623.SRDLC, 20.24%, 09/30/2027 (a)(r)	Lending Club		09/28/2022		8,196		8,125		8,052
193847911.SRDLC, 20.19%, 09/23/2025 (a)(r)	Lending Club		09/27/2022		3,525		3,492		3,477
193864910.SRDLC, 12.69%, 09/26/2025 (a)(r)	Lending Club		09/28/2022		13,634		13,541		13,340
193886437.SRDLC, 9.34%, 09/26/2025 (a)(r)	Lending Club		09/28/2022		3,152		3,130		3,084
193891725.SRDLC, 14.19%, 09/29/2027 (a)(r)	Lending Club		10/03/2022		25,165		24,953		24,419
193897869.SRDLC, 23.49%, 09/26/2027 (a)(r)	Lending Club		09/28/2022		13,045		12,932		12,452
193900889.SRDLC, 22.49%, 09/26/2027 (a)(r)	Lending Club		09/28/2022		17,679		17,526		17,556
193904883.SRDLC, 30.99%, 09/23/2025 (a)(r)	Lending Club		09/27/2022		2,216		2,232		2,178
193919332.SRDLC, 30.99%, 10/31/2025 (a)(r)	Lending Club		10/19/2022		10,215		10,118		9,732
193925110.SRDLC, 15.00%, 01/26/2026 (a)(o)(r)	Lending Club		09/28/2022		1,820		1,803		1,226
193926621.SRDLC, 23.55%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		1,461		1,471		1,438
193931676.SRDLC, 30.74%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		2,952		2,973		2,905
193939471.SRDLC, 32.39%, 10/14/2027 (a)(r)	Lending Club		10/11/2022		5,940		5,955		5,745
193940880.SRDLC, 22.49%, 09/26/2027 (a)(r)	Lending Club		09/28/2022		17,332		17,182		17,211
193944455.SRDLC, 24.99%, 10/06/2025 (a)(o)(r)	Lending Club		09/28/2022		3,134		3,165		422
193956137.SRDLC, 24.99%, 10/20/2027 (a)(r)	Lending Club		10/07/2022		22,455		22,511		21,789
193967656.SRDLC, 23.99%, 09/30/2025 (a)(r)	Lending Club		09/28/2022		721		715		696
193968510.SRDLC, 25.99%, 09/26/2025 (a)(o)(r)	Lending Club		09/28/2022		5,260		5,312		708
193976442.SRDLC, 15.00%, 02/28/2026 (a)(r)	Lending Club		10/26/2022		8,178		8,260		5,611
193981563.SRDLC, 25.49%, 09/26/2027 (a)(r)	Lending Club		09/28/2022		7,619		7,552		7,582
193986752.SRDLC, 30.99%, 09/26/2025 (a)(r)	Lending Club		09/28/2022		8,864		8,929		8,720
193990313.SRDLC, 27.99%, 09/26/2025 (a)(r)	Lending Club		09/28/2022		3,649		3,675		3,589
193993362.SRDLC, 23.99%, 09/26/2027 (a)(r)	Lending Club		09/28/2022		13,505		13,621		13,259
193996097.SRDLC, 22.99%, 09/26/2025 (a)(o)(r)	Lending Club		09/28/2022		2,661		2,686		2,613
194006210.SRDLC, 19.99%, 10/04/2027 (a)(r)	Lending Club		10/06/2022		15,671		15,536		15,448
194026974.SRDLC, 27.99%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		1,824		1,838		1,795
194027078.SRDLC, 29.99%, 10/04/2025 (a)(r)	Lending Club		10/06/2022		1,076		1,077		1,038
194031497.SRDLC, 24.74%, 09/28/2027 (a)(o)(r)	Lending Club		09/30/2022		9,260		9,167		—
194040422.SRDLC, 20.99%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		2,479		2,496		2,423
194041243.SRDLC, 21.99%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		10,238		10,310		10,006
194042196.SRDLC, 22.99%, 09/27/2025 (a)(r)	Lending Club		09/29/2022		4,288		4,318		4,210
194051376.SRDLC, 13.19%, 10/06/2027 (a)(r)	Lending Club		10/11/2022		25,463		25,249		25,123
194051674.SRDLC, 15.99%, 09/28/2025 (a)(r)	Lending Club		09/30/2022		3,468		3,444		3,396

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

74

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
194056709.SRDLC, 10.79%, 09/28/2025 (a)(r)	Lending Club		09/30/2022	$	7,430	$	7,379	$	7,266
194073006.SRDLC, 25.99%, 09/05/2027 (a)(o)(r)	Lending Club		10/03/2022		5,825		5,774		5,730
194120451.SRDLC, 27.99%, 10/06/2025 (a)(r)	Lending Club		10/11/2022		9,947		9,873		9,706
194126374.SRDLC, 21.49%, 10/21/2025 (a)(o)(r)	Lending Club		10/25/2022		20,159		20,361		3,307
194126529.SRDLC, 28.99%, 10/18/2027 (a)(r)	Lending Club		10/20/2022		5,376		5,328		5,378
194127079.SRDLC, 30.99%, 10/24/2025 (a)(r)	Lending Club		10/26/2022		3,048		3,054		2,982
194158910.SRDLC, 16.49%, 10/19/2027 (a)(r)	Lending Club		10/06/2022		11,800		11,700		11,387
194170547.SRDLC, 22.49%, 10/13/2025 (a)(o)(r)	Lending Club		10/17/2022		17,954		18,134		2,417
194180396.SRDLC, 28.99%, 10/21/2025 (a)(r)	Lending Club		10/25/2022		2,496		2,477		2,411
194213087.SRDLC, 13.99%, 12/04/2025 (a)(r)	Lending Club		10/06/2022		12,828		12,740		7,796
194236594.SRDLC, 24.94%, 10/05/2025 (a)(r)	Lending Club		10/07/2022		8,194		8,135		7,995
194249857.SRDLC, 30.99%, 10/05/2027 (a)(r)	Lending Club		10/07/2022		10,813		10,716		10,748
194256083.SRDLC, 26.49%, 10/04/2026 (a)(r)	Lending Club		10/06/2022		7,041		7,056		6,903
194264252.SRDLC, 25.44%, 10/12/2027 (a)(r)	Lending Club		10/14/2022		10,194		10,104		10,066
194266501.SRDLC, 30.99%, 10/11/2025 (a)(r)	Lending Club		10/13/2022		3,810		3,817		3,698
194279737.SRDLC, 19.24%, 10/04/2026 (a)(o)(r)	Lending Club		10/06/2022		8,163		8,180		7,908
194284598.SRDLC, 24.49%, 10/20/2025 (a)(r)	Lending Club		10/13/2022		3,595		3,569		3,463
194290005.SRDLC, 32.39%, 10/14/2027 (a)(r)	Lending Club		10/18/2022		9,045		9,065		8,794
194324741.SRDLC, 32.39%, 10/06/2027 (a)(r)	Lending Club		10/11/2022		18,090		18,130		17,506
194326877.SRDLC, 27.24%, 10/11/2025 (a)(r)	Lending Club		10/13/2022		9,017		9,034		8,751
194363819.SRDLC, 30.99%, 10/07/2025 (a)(r)	Lending Club		10/12/2022		3,810		3,817		3,694
194379768.SRDLC, 14.74%, 10/11/2024 (a)(r)	Lending Club		10/13/2022		5,366		5,372		5,293
194389212.SRDLC, 32.39%, 10/11/2027 (a)(r)	Lending Club		10/13/2022		13,258		13,154		13,216
194389850.SRDLC, 22.99%, 10/18/2025 (a)(r)	Lending Club		10/13/2022		7,433		7,449		7,224
194389865.SRDLC, 10.79%, 10/11/2025 (a)(r)	Lending Club		10/13/2022		2,456		2,439		2,395
194405751.SRDLC, 16.49%, 10/11/2027 (a)(r)	Lending Club		10/13/2022		12,035		11,932		11,664
194412809.SRDLC, 25.99%, 10/14/2025 (a)(o)(r)	Lending Club		10/18/2022		2,383		2,360		552
194413447.SRDLC, 9.34%, 10/11/2025 (a)(r)	Lending Club		10/13/2022		10,457		10,386		10,199
194423465.SRDLC, 13.49%, 10/11/2025 (a)(r)	Lending Club		10/13/2022		17,756		17,633		17,314
194424781.SRDLC, 18.49%, 10/21/2024 (a)(o)(r)	Lending Club		10/25/2022		5,410		5,464		728
194430048.SRDLC, 15.19%, 10/14/2025 (a)(o)(r)	Lending Club		10/18/2022		6,806		6,759		6,661
194431904.SRDLC, 24.49%, 10/11/2027 (a)(r)	Lending Club		10/13/2022		8,839		8,761		8,705
194435945.SRDLC, 16.99%, 10/18/2025 (a)(r)	Lending Club		10/20/2022		2,163		2,167		2,100
194455826.SRDLC, 21.24%, 10/11/2027 (a)(r)	Lending Club		10/13/2022		17,487		17,335		17,267
194459017.SRDLC, 23.99%, 10/11/2027 (a)(r)	Lending Club		10/13/2022		22,065		22,109		21,483
194463123.SRDLC, 13.24%, 10/19/2025 (a)(r)	Lending Club		10/13/2022		16,372		16,259		15,929
194468013.SRDLC, 25.99%, 10/11/2024 (a)(r)	Lending Club		10/13/2022		1,974		1,976		1,966
194474327.SRDLC, 16.49%, 10/21/2025 (a)(o)(r)	Lending Club		10/13/2022		21,786		21,568		2,932
194479316.SRDLC, 11.29%, 11/14/2025 (a)(r)	Lending Club		11/16/2022		10,940		10,835		10,670
194484669.SRDLC, 20.99%, 10/11/2025 (a)(r)	Lending Club		10/13/2022		1,833		1,836		1,774
194493592.SRDLC, 24.49%, 10/13/2025 (a)(r)	Lending Club		10/17/2022		13,382		13,284		12,906
194512371.SRDLC, 29.49%, 10/18/2025 (a)(r)	Lending Club		10/20/2022		3,599		3,572		3,467
194514223.SRDLC, 20.49%, 10/17/2027 (a)(o)(r)	Lending Club		10/19/2022		30,511		30,243		30,172
194515534.SRDLC, 7.09%, 10/14/2025 (a)(r)	Lending Club		10/18/2022		12,419		12,335		12,129
194524820.SRDLC, 20.49%, 10/17/2025 (a)(o)(r)	Lending Club		10/19/2022		1,560		1,576		1,505
194532233.SRDLC, 30.99%, 10/11/2025 (a)(o)(r)	Lending Club		10/13/2022		1,908		1,927		782
194535055.SRDLC, 22.74%, 10/20/2027 (a)(r)	Lending Club		10/24/2022		13,089		12,958		12,951
194535429.SRDLC, 24.49%, 10/19/2027 (a)(r)	Lending Club		10/21/2022		7,954		7,884		7,875
194541112.SRDLC, 19.94%, 11/03/2025 (a)(r)	Lending Club		11/07/2022		18,110		17,931		17,643
194546895.SRDLC, 7.59%, 10/17/2025 (a)(r)	Lending Club		10/19/2022		5,187		5,151		5,066
194547766.SRDLC, 15.99%, 10/12/2025 (a)(r)	Lending Club		10/14/2022		5,528		5,538		5,358
194563879.SRDLC, 26.49%, 10/12/2027 (a)(r)	Lending Club		10/14/2022		14,229		14,260		13,898
194567488.SRDLC, 24.49%, 10/20/2027 (a)(o)(r)	Lending Club		10/24/2022		13,514		13,397		13,337
194576339.SRDLC, 24.49%, 10/21/2027 (a)(r)	Lending Club		10/25/2022		30,933		30,636		30,666
194584482.SRDLC, 25.99%, 10/24/2025 (a)(o)(r)	Lending Club		10/26/2022		5,720		5,663		1,389
194585024.SRDLC, 23.99%, 10/17/2027 (a)(o)(r)	Lending Club		10/19/2022		4,723		4,676		636
194587361.SRDLC, 28.99%, 10/19/2027 (a)(r)	Lending Club		10/21/2022		4,480		4,440		4,484

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

75

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
194592145.SRDLC, 25.24%, 10/13/2024 (a)(o)(r)	Lending Club		10/17/2022	$	4,448	$	4,493	$	599
194593499.SRDLC, 28.99%, 10/17/2025 (a)(r)	Lending Club		10/19/2022		2,728		2,700		2,610
194595358.SRDLC, 17.94%, 10/19/2025 (a)(r)	Lending Club		10/21/2022		4,344		4,313		4,254
194611665.SRDLC, 12.69%, 10/17/2027 (a)(r)	Lending Club		10/19/2022		17,788		17,639		17,575
194613803.SRDLC, 13.99%, 10/17/2025 (a)(r)	Lending Club		10/19/2022		5,339		5,301		5,193
194621068.SRDLC, 28.99%, 10/18/2024 (a)(r)	Lending Club		10/20/2022		1,142		1,144		1,137
194632029.SRDLC, 27.49%, 10/25/2025 (a)(r)	Lending Club		10/27/2022		6,017		6,028		5,889
194633979.SRDLC, 10.79%, 10/17/2025 (a)(o)(r)	Lending Club		10/19/2022		6,178		6,118		6,026
194641816.SRDLC, 31.89%, 10/14/2026 (a)(o)(r)	Lending Club		10/18/2022		8,097		8,117		7,926
194642494.SRDLC, 22.49%, 10/17/2025 (a)(r)	Lending Club		10/19/2022		8,851		8,787		8,677
194658217.SRDLC, 28.99%, 10/25/2025 (a)(o)(r)	Lending Club		10/27/2022		7,483		7,426		7,198
194661580.SRDLC, 24.99%, 10/18/2025 (a)(r)	Lending Club		10/20/2022		26,073		25,880		25,671
194662189.SRDLC, 26.99%, 10/17/2025 (a)(r)	Lending Club		10/19/2022		3,754		3,760		3,656
194678308.SRDLC, 22.49%, 10/17/2027 (a)(o)(r)	Lending Club		10/19/2022		14,136		13,995		1,903
194686661.SRDLC, 31.89%, 10/17/2026 (a)(r)	Lending Club		10/19/2022		1,280		1,283		1,254
194699714.SRDLC, 26.49%, 10/17/2025 (a)(r)	Lending Club		10/19/2022		2,248		2,231		2,203
194707601.SRDLC, 22.99%, 10/31/2025 (a)(r)	Lending Club		11/02/2022		4,800		4,800		4,726
194709610.SRDLC, 14.99%, 10/18/2027 (a)(r)	Lending Club		10/20/2022		12,821		12,712		12,436
194714833.SRDLC, 22.01%, 10/04/2027 (a)(o)(r)	Lending Club		10/19/2022		7,414		7,488		998
194725208.SRDLC, 20.25%, 10/17/2027 (a)(r)	Lending Club		10/19/2022		6,945		6,960		6,708
194732348.SRDLC, 16.99%, 10/18/2024 (a)(r)	Lending Club		10/20/2022		2,927		2,930		2,891
194740565.SRDLC, 23.49%, 10/28/2025 (a)(r)	Lending Club		11/01/2022		4,008		3,968		3,943
194742954.SRDLC, 23.74%, 10/18/2025 (a)(r)	Lending Club		10/20/2022		8,895		8,912		8,704
194750419.SRDLC, 21.49%, 10/18/2025 (a)(r)	Lending Club		10/20/2022		2,938		2,944		2,852
194752828.SRDLC, 18.99%, 10/18/2024 (a)(r)	Lending Club		10/20/2022		1,285		1,286		1,274
194755673.SRDLC, 24.49%, 10/19/2027 (a)(r)	Lending Club		10/21/2022		5,303		5,256		5,250
194763161.SRDLC, 18.99%, 10/18/2025 (a)(r)	Lending Club		10/20/2022		3,803		3,810		3,680
194767039.SRDLC, 30.99%, 10/20/2027 (a)(r)	Lending Club		10/24/2022		14,424		14,302		14,385
194773712.SRDLC, 25.99%, 10/21/2024 (a)(o)(r)	Lending Club		10/25/2022		3,957		3,957		3,939
194778572.SRDLC, 15.99%, 10/25/2025 (a)(r)	Lending Club		10/27/2022		1,292		1,283		1,267
194780861.SRDLC, 16.49%, 10/21/2027 (a)(r)	Lending Club		10/25/2022		10,316		10,227		10,014
194828658.SRDLC, 14.44%, 10/28/2025 (a)(r)	Lending Club		11/01/2022		8,558		8,476		8,403
194840160.SRDLC, 15.99%, 10/24/2025 (a)(r)	Lending Club		10/26/2022		15,722		15,565		15,247
194843857.SRDLC, 31.49%, 10/26/2026 (a)(r)	Lending Club		10/28/2022		1,023		1,025		1,008
194847279.SRDLC, 28.99%, 10/24/2025 (a)(r)	Lending Club		10/26/2022		3,631		3,603		3,511
194852386.SRDLC, 28.99%, 11/02/2027 (a)(o)(r)	Lending Club		12/01/2022		15,428		15,240		15,092
194870858.SRDLC, 30.99%, 10/25/2027 (a)(r)	Lending Club		10/27/2022		18,021		17,844		18,095
194871645.SRDLC, 10.99%, 10/15/2027 (a)(r)	Lending Club		10/26/2022		15,087		14,960		14,731
194874645.SRDLC, 20.24%, 11/05/2025 (a)(r)	Lending Club		10/27/2022		4,115		4,085		3,987
194880827.SRDLC, 19.49%, 10/30/2027 (a)(r)	Lending Club		10/26/2022		6,110		6,060		6,045
194884506.SRDLC, 22.99%, 10/24/2026 (a)(r)	Lending Club		10/26/2022		6,624		6,569		6,599
194888757.SRDLC, 30.99%, 10/24/2025 (a)(o)(r)	Lending Club		10/26/2022		3,384		3,418		456
194899015.SRDLC, 25.49%, 10/24/2027 (a)(r)	Lending Club		10/26/2022		17,333		17,179		17,190
194913501.SRDLC, 14.69%, 03/26/2028 (a)(o)(r)	Lending Club		10/26/2022		11,165		11,053		1,503
194921212.SRDLC, 27.49%, 11/12/2027 (a)(o)(r)	Lending Club		10/31/2022		11,336		11,449		—
194921409.SRDLC, 30.49%, 10/26/2027 (a)(r)	Lending Club		10/28/2022		7,560		7,578		7,375
194924304.SRDLC, 22.49%, 10/10/2026 (a)(o)(r)	Lending Club		11/01/2022		16,840		16,877		16,330
194927100.SRDLC, 27.99%, 10/24/2025 (a)(o)(r)	Lending Club		10/26/2022		9,315		9,333		9,076
194930289.SRDLC, 28.99%, 10/24/2027 (a)(r)	Lending Club		10/26/2022		5,376		5,388		5,252
194930783.SRDLC, 22.49%, 10/24/2025 (a)(r)	Lending Club		10/26/2022		2,213		2,196		2,174
194941414.SRDLC, 18.89%, 10/25/2025 (a)(r)	Lending Club		10/27/2022		2,617		2,598		2,573
194945403.SRDLC, 19.69%, 10/24/2027 (a)(r)	Lending Club		10/26/2022		17,394		17,243		17,232
194954645.SRDLC, 25.49%, 10/24/2027 (a)(r)	Lending Club		10/26/2022		7,536		7,552		7,393
194956010.SRDLC, 15.00%, 03/22/2026 (a)(o)(r)	Lending Club		11/16/2022		10,769		10,665		7,477
194956587.SRDLC, 20.74%, 10/27/2027 (a)(r)	Lending Club		10/31/2022		10,474		10,378		10,391
194960469.SRDLC, 15.00%, 02/25/2026 (a)(o)(r)	Lending Club		10/27/2022		12,829		12,707		8,010
194961519.SRDLC, 29.49%, 05/18/2028 (a)(o)(r)	Lending Club		11/22/2022		23,261		23,028		3,131

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

76

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
194964122.SRDLC, 12.69%, 10/24/2025 (a)(r)	Lending Club		10/26/2022	$	7,077	$	7,028	$	6,915
194964380.SRDLC, 11.29%, 10/24/2025 (a)(r)	Lending Club		10/26/2022		8,440		8,381		8,247
194968095.SRDLC, 25.49%, 10/26/2025 (a)(r)	Lending Club		10/28/2022		3,732		3,739		3,665
194969316.SRDLC, 24.49%, 10/24/2027 (a)(r)	Lending Club		10/26/2022		14,141		14,016		13,993
194970414.SRDLC, 16.99%, 10/24/2024 (a)(r)	Lending Club		10/26/2022		1,735		1,737		1,711
194974891.SRDLC, 6.00%, 10/25/2025 (a)(r)	Lending Club		10/27/2022		7,069		7,012		6,974
194975652.SRDLC, 22.24%, 10/25/2027 (a)(r)	Lending Club		10/27/2022		21,056		20,871		20,862
194979848.SRDLC, 28.99%, 10/24/2025 (a)(r)	Lending Club		10/26/2022		7,564		7,578		7,399
194986912.SRDLC, 18.69%, 10/26/2025 (a)(r)	Lending Club		10/28/2022		1,743		1,730		1,714
194986996.SRDLC, 30.99%, 11/30/2027 (a)(o)(r)	Lending Club		11/21/2022		18,920		18,730		1,299
194989209.SRDLC, 14.54%, 10/26/2025 (a)(r)	Lending Club		10/28/2022		7,135		7,084		7,000
194991629.SRDLC, 18.19%, 10/26/2025 (a)(r)	Lending Club		10/28/2022		8,697		8,634		8,554
194999605.SRDLC, 29.99%, 10/15/2025 (a)(r)	Lending Club		10/26/2022		750		751		729
195004526.SRDLC, 11.19%, 10/27/2026 (a)(r)	Lending Club		10/31/2022		11,061		10,971		10,974
195008403.SRDLC, 15.94%, 10/27/2027 (a)(r)	Lending Club		10/31/2022		7,549		7,482		7,321
195013431.SRDLC, 30.99%, 10/31/2025 (a)(r)	Lending Club		10/27/2022		2,302		2,308		2,237
195016998.SRDLC, 10.49%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		21,808		21,595		21,318
195018882.SRDLC, 19.69%, 10/28/2025 (a)(o)(r)	Lending Club		11/01/2022		6,143		6,082		6,016
195028406.SRDLC, 28.99%, 10/28/2027 (a)(r)	Lending Club		11/01/2022		5,376		5,388		5,272
195058306.SRDLC, 17.99%, 10/27/2024 (a)(r)	Lending Club		10/31/2022		3,539		3,543		3,507
195086153.SRDLC, 32.39%, 10/27/2027 (a)(o)(r)	Lending Club		10/31/2022		6,794		6,862		914
195096186.SRDLC, 21.99%, 10/27/2025 (a)(r)	Lending Club		10/31/2022		6,552		6,561		6,385
195097176.SRDLC, 21.99%, 10/31/2025 (a)(r)	Lending Club		11/02/2022		14,711		14,738		14,352
195108237.SRDLC, 15.00%, 02/16/2027 (a)(o)(r)	Lending Club		10/31/2022		8,742		8,830		5,110
195116475.SRDLC, 25.99%, 10/27/2025 (a)(r)	Lending Club		10/31/2022		5,384		5,391		5,296
195118376.SRDLC, 32.24%, 10/27/2027 (a)(r)	Lending Club		10/31/2022		2,729		2,734		2,667
195123243.SRDLC, 32.39%, 10/27/2027 (a)(r)	Lending Club		10/31/2022		10,712		10,727		10,499
195136154.SRDLC, 0.00%, 12/27/2028 (a)(o)(r)	Lending Club		10/31/2022		9,548		9,643		5,861
195138873.SRDLC, 14.44%, 11/25/2025 (a)(r)	Lending Club		11/29/2022		10,048		9,948		9,847
195172243.SRDLC, 17.99%, 11/03/2025 (a)(r)	Lending Club		11/07/2022		3,371		3,338		3,247
195175667.SRDLC, 27.74%, 10/28/2025 (a)(o)(r)	Lending Club		11/01/2022		4,106		4,116		726
195177877.SRDLC, 30.99%, 11/03/2027 (a)(o)(r)	Lending Club		11/07/2022		1,875		1,856		279
195186093.SRDLC, 16.49%, 11/07/2025 (a)(o)(r)	Lending Club		11/09/2022		10,896		10,787		665
195190423.SRDLC, 26.99%, 10/31/2025 (a)(o)(r)	Lending Club		11/02/2022		4,414		4,425		594
195192111.SRDLC, 30.99%, 11/07/2025 (a)(r)	Lending Club		11/08/2022		1,891		1,872		1,790
195199696.SRDLC, 18.24%, 11/07/2025 (a)(r)	Lending Club		11/09/2022		7,498		7,424		7,226
195201483.SRDLC, 18.24%, 11/03/2025 (a)(r)	Lending Club		11/07/2022		1,874		1,856		1,826
195208923.SRDLC, 22.49%, 11/04/2027 (a)(r)	Lending Club		11/08/2022		2,846		2,812		2,803
195241358.SRDLC, 14.68%, 11/19/2025 (a)(r)	Lending Club		11/09/2022		5,736		5,681		5,596
195252772.SRDLC, 15.19%, 11/07/2027 (a)(o)(r)	Lending Club		11/09/2022		5,728		5,671		1,655
195262399.SRDLC, 15.74%, 12/26/2025 (a)(r)	Lending Club		11/15/2022		6,391		6,329		6,290
195262520.SRDLC, 9.59%, 11/07/2027 (a)(r)	Lending Club		11/09/2022		34,021		33,637		33,154
195263144.SRDLC, 13.44%, 11/04/2027 (a)(r)	Lending Club		11/08/2022		8,198		8,104		7,993
195269918.SRDLC, 25.99%, 11/07/2027 (a)(r)	Lending Club		11/09/2022		5,065		5,005		4,978
195270505.SRDLC, 24.49%, 11/14/2027 (a)(r)	Lending Club		11/16/2022		14,761		14,584		14,567
195271773.SRDLC, 20.49%, 11/07/2025 (a)(r)	Lending Club		11/09/2022		1,134		1,123		1,106
195283712.SRDLC, 32.39%, 11/02/2027 (a)(r)	Lending Club		11/04/2022		7,675		7,692		7,381
195285027.SRDLC, 25.69%, 11/07/2025 (a)(o)(r)	Lending Club		11/09/2022		4,301		4,258		—
195285728.SRDLC, 11.04%, 11/07/2025 (a)(o)(r)	Lending Club		11/09/2022		17,718		17,541		2,696
195297116.SRDLC, 14.19%, 11/07/2027 (a)(o)(r)	Lending Club		11/09/2022		4,635		4,589		1,328
195308227.SRDLC, 18.24%, 11/10/2025 (a)(r)	Lending Club		11/15/2022		8,622		8,537		8,322
195311601.SRDLC, 12.39%, 11/07/2025 (a)(o)(r)	Lending Club		11/09/2022		16,172		16,010		1,310
195316572.SRDLC, 15.19%, 11/07/2027 (a)(r)	Lending Club		11/09/2022		13,459		13,304		12,992
195343443.SRDLC, 21.49%, 11/18/2027 (a)(r)	Lending Club		11/22/2022		5,679		5,694		5,485
195378859.SRDLC, 24.99%, 11/04/2025 (a)(o)(r)	Lending Club		11/08/2022		3,245		3,253		437
195379818.SRDLC, 11.04%, 11/09/2025 (a)(r)	Lending Club		11/14/2022		14,572		14,432		14,206
195391011.SRDLC, 31.89%, 11/04/2026 (a)(r)	Lending Club		11/08/2022		5,204		5,215		5,051

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

77

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
195427018.SRDLC, 32.39%, 11/14/2027 (a)(o)(r)	Lending Club		11/16/2022	$	11,277	$	11,165	$	1,791
195434373.SRDLC, 18.44%, 11/25/2025 (a)(r)	Lending Club		11/17/2022		5,079		5,029		4,968
195440932.SRDLC, 10.49%, 11/10/2025 (a)(r)	Lending Club		11/15/2022		7,270		7,200		7,067
195444521.SRDLC, 18.24%, 11/10/2025 (a)(r)	Lending Club		11/15/2022		5,248		5,196		5,127
195448215.SRDLC, 30.99%, 11/09/2025 (a)(o)(r)	Lending Club		11/09/2022		3,000		3,007		404
195470601.SRDLC, 26.49%, 11/16/2025 (a)(r)	Lending Club		11/18/2022		12,560		12,583		12,229
195477282.SRDLC, 23.99%, 11/14/2025 (a)(r)	Lending Club		11/16/2022		6,127		6,065		5,895
195518264.SRDLC, 25.49%, 11/14/2027 (a)(r)	Lending Club		11/16/2022		29,049		28,701		28,602
195518645.SRDLC, 25.99%, 11/17/2025 (a)(r)	Lending Club		11/21/2022		2,314		2,319		2,259
195576173.SRDLC, 15.94%, 11/17/2027 (a)(r)	Lending Club		11/21/2022		10,882		10,756		10,532
195620310.SRDLC, 21.01%, 11/30/2025 (a)(r)	Lending Club		11/23/2022		7,615		7,629		7,365
195620530.SRDLC, 28.99%, 11/28/2025 (a)(r)	Lending Club		11/23/2022		1,177		1,165		1,131
195650327.SRDLC, 25.24%, 11/17/2027 (a)(r)	Lending Club		11/21/2022		30,527		30,160		30,177
195674668.SRDLC, 16.94%, 11/18/2025 (a)(r)	Lending Club		11/22/2022		7,758		7,681		7,592
195681577.SRDLC, 22.49%, 11/21/2025 (a)(r)	Lending Club		11/23/2022		3,371		3,337		3,301
195691586.SRDLC, 25.99%, 11/21/2027 (a)(r)	Lending Club		11/23/2022		28,750		28,404		28,443
195694244.SRDLC, 15.79%, 05/06/2027 (a)(o)(r)	Lending Club		11/23/2022		18,322		18,139		9,830
195708074.SRDLC, 20.99%, 11/16/2025 (a)(r)	Lending Club		11/18/2022		4,924		4,933		4,764
195719651.SRDLC, 15.99%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		8,547		8,462		8,381
195752901.SRDLC, 22.99%, 11/30/2026 (a)(r)	Lending Club		12/02/2022		2,257		2,231		2,250
195775483.SRDLC, 13.99%, 11/15/2025 (a)(r)	Lending Club		11/25/2022		6,169		6,108		6,033
195780386.SRDLC, 24.49%, 11/22/2027 (a)(r)	Lending Club		11/25/2022		10,735		10,606		10,629
195787955.SRDLC, 30.99%, 05/29/2028 (a)(o)(r)	Lending Club		12/01/2022		15,191		14,978		14,700
195792140.SRDLC, 23.55%, 11/16/2025 (a)(r)	Lending Club		11/18/2022		12,236		12,259		11,926
195803976.SRDLC, 18.74%, 11/23/2025 (a)(r)	Lending Club		11/28/2022		4,507		4,462		4,422
195805753.SRDLC, 24.74%, 11/23/2025 (a)(o)(r)	Lending Club		11/28/2022		1,583		1,566		1,556
195818130.SRDLC, 23.99%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		5,363		5,302		5,175
195822367.SRDLC, 27.99%, 11/17/2025 (a)(r)	Lending Club		11/21/2022		2,331		2,335		2,257
195826308.SRDLC, 24.49%, 11/25/2027 (a)(r)	Lending Club		11/29/2022		1,789		1,768		1,774
195835206.SRDLC, 20.24%, 11/15/2027 (a)(r)	Lending Club		11/29/2022		10,519		10,394		10,391
195838823.SRDLC, 19.99%, 11/07/2025 (a)(o)(r)	Lending Club		12/01/2022		5,870		5,810		5,635
195844391.SRDLC, 16.49%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		7,385		7,311		7,154
195844805.SRDLC, 20.74%, 11/29/2027 (a)(r)	Lending Club		12/01/2022		17,690		17,479		17,529
195845073.SRDLC, 29.49%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		2,811		2,781		2,715
195846687.SRDLC, 15.00%, 06/10/2028 (a)(o)(r)	Lending Club		11/29/2022		18,361		18,179		9,518
195851937.SRDLC, 22.99%, 11/29/2027 (a)(o)(r)	Lending Club		12/01/2022		18,916		18,651		3,096
195854400.SRDLC, 25.99%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		7,405		7,328		7,271
195858143.SRDLC, 15.99%, 11/27/2025 (a)(o)(r)	Lending Club		11/29/2022		3,968		3,928		857
195861675.SRDLC, 32.39%, 11/29/2027 (a)(r)	Lending Club		11/23/2022		9,230		9,253		8,938
195863462.SRDLC, 24.49%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		1,151		1,139		1,113
195866119.SRDLC, 24.24%, 11/29/2027 (a)(r)	Lending Club		12/01/2022		22,337		22,068		22,188
195867192.SRDLC, 21.99%, 11/29/2027 (a)(o)(r)	Lending Club		12/01/2022		18,880		18,655		17,953
195871498.SRDLC, 28.99%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		3,118		3,085		3,012
195894661.SRDLC, 32.39%, 11/21/2027 (a)(r)	Lending Club		11/23/2022		16,038		16,064		15,571
195904333.SRDLC, 28.99%, 11/29/2027 (a)(r)	Lending Club		12/01/2022		7,699		7,605		7,714
195912415.SRDLC, 12.28%, 11/15/2025 (a)(r)	Lending Club		12/01/2022		6,107		6,047		5,967
195915447.SRDLC, 12.89%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		16,885		16,718		16,504
195916983.SRDLC, 15.99%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		8,919		8,830		8,746
195917993.SRDLC, 24.24%, 11/29/2026 (a)(r)	Lending Club		12/01/2022		8,435		8,339		8,402
195919396.SRDLC, 17.19%, 12/02/2027 (a)(r)	Lending Club		12/01/2022		12,302		12,157		11,862
195925885.SRDLC, 12.28%, 11/29/2025 (a)(r)	Lending Club		12/01/2022		7,323		7,251		7,158
195931122.SRDLC, 25.74%, 11/29/2027 (a)(r)	Lending Club		12/01/2022		25,744		25,433		25,545
195935180.SRDLC, 11.78%, 11/30/2025 (a)(r)	Lending Club		12/02/2022		23,386		23,157		22,863
195939283.SRDLC, 25.99%, 11/30/2025 (a)(r)	Lending Club		12/02/2022		2,314		2,290		2,273
195957659.SRDLC, 28.99%, 11/30/2025 (a)(o)(r)	Lending Club		12/02/2022		6,829		6,734		919
203116318.SRDLC, 26.99%, 08/15/2028 (a)(r)	Lending Club		08/14/2023		9,162		8,893		8,880
203129024.SRDLC, 13.99%, 08/02/2026 (a)(r)	Lending Club		08/04/2023		4,774		4,662		4,732

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

78

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
203172623.SRDLC, 14.24%, 08/07/2026 (a)(r)	Lending Club		08/09/2023	$	5,729	$	5,595	$	5,663
203193673.SRDLC, 29.99%, 08/14/2028 (a)(r)	Lending Club		08/16/2023		24,628		23,902		23,883
203209922.SRDLC, 22.99%, 08/02/2026 (a)(r)	Lending Club		08/04/2023		24,154		23,471		23,598
203216447.SRDLC, 22.74%, 08/02/2028 (a)(r)	Lending Club		08/04/2023		39,266		38,309		38,635
203225328.SRDLC, 30.99%, 08/02/2026 (a)(r)	Lending Club		08/04/2023		4,826		4,688		4,654
203246842.SRDLC, 28.49%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		7,710		7,489		7,494
203262395.SRDLC, 13.99%, 08/04/2026 (a)(r)	Lending Club		08/08/2023		6,206		6,031		6,090
203272733.SRDLC, 10.24%, 08/08/2026 (a)(r)	Lending Club		08/10/2023		17,232		16,829		17,151
203296870.SRDLC, 30.99%, 08/16/2026 (a)(r)	Lending Club		08/18/2023		4,826		4,687		4,695
203297342.SRDLC, 9.49%, 08/06/2026 (a)(r)	Lending Club		08/23/2023		4,548		4,441		4,531
203311377.SRDLC, 9.74%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		5,330		5,205		5,307
203315057.SRDLC, 24.49%, 08/04/2026 (a)(r)	Lending Club		08/08/2023		4,807		4,671		4,684
203328742.SRDLC, 19.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		959		931		935
203349886.SRDLC, 15.49%, 08/02/2028 (a)(r)	Lending Club		08/04/2023		15,641		15,263		15,497
203351627.SRDLC, 18.99%, 08/02/2028 (a)(r)	Lending Club		08/04/2023		6,612		6,452		6,471
203353909.SRDLC, 28.99%, 08/04/2025 (a)(r)	Lending Club		08/08/2023		9,368		9,111		9,066
203357003.SRDLC, 13.24%, 08/03/2026 (a)(r)	Lending Club		08/07/2023		9,542		9,319		9,462
203361313.SRDLC, 9.24%, 08/02/2026 (a)(r)	Lending Club		08/04/2023		38,056		37,171		37,865
203361591.SRDLC, 28.99%, 08/17/2025 (a)(r)	Lending Club		08/21/2023		11,241		10,929		10,968
203372576.SRDLC, 8.24%, 09/01/2026 (a)(r)	Lending Club		08/18/2023		24,471		23,896		24,397
203376181.SRDLC, 9.74%, 08/03/2026 (a)(r)	Lending Club		08/07/2023		38,070		37,182		37,885
203384876.SRDLC, 15.24%, 08/03/2028 (a)(r)	Lending Club		08/07/2023		29,323		28,612		29,066
203387156.SRDLC, 12.99%, 08/03/2026 (a)(r)	Lending Club		08/07/2023		8,586		8,385		8,515
203393422.SRDLC, 30.99%, 08/03/2026 (a)(r)	Lending Club		08/07/2023		2,896		2,813		2,797
203395977.SRDLC, 19.24%, 08/07/2027 (a)(r)	Lending Club		08/09/2023		6,803		6,639		6,664
203403234.SRDLC, 24.99%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		4,809		4,671		4,720
203410072.SRDLC, 20.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		4,796		4,660		4,679
203417456.SRDLC, 30.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		2,317		2,250		2,241
203419163.SRDLC, 7.00%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		23,744		23,191		23,674
203419290.SRDLC, 9.24%, 08/08/2026 (a)(r)	Lending Club		08/10/2023		19,028		18,583		18,940
203419416.SRDLC, 8.24%, 08/04/2026 (a)(r)	Lending Club		08/08/2023		29,371		28,682		29,240
203419446.SRDLC, 32.39%, 08/16/2028 (a)(r)	Lending Club		08/18/2023		14,792		14,355		14,361
203420880.SRDLC, 30.99%, 08/09/2026 (a)(r)	Lending Club		08/09/2023		14,504		14,089		14,121
203426984.SRDLC, 24.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		5,386		5,232		5,250
203431150.SRDLC, 15.49%, 08/29/2028 (a)(r)	Lending Club		08/31/2023		16,790		16,372		16,713
203437872.SRDLC, 19.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		8,149		7,918		7,949
203441299.SRDLC, 9.74%, 08/11/2026 (a)(r)	Lending Club		08/15/2023		29,504		28,811		29,376
203446752.SRDLC, 32.39%, 08/15/2028 (a)(r)	Lending Club		08/17/2023		14,792		14,355		14,352
203447133.SRDLC, 13.74%, 08/09/2026 (a)(r)	Lending Club		08/11/2023		19,091		18,642		18,879
203451571.SRDLC, 11.74%, 08/07/2028 (a)(o)(r)	Lending Club		08/09/2023		21,268		20,755		21,160
203451595.SRDLC, 20.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		3,358		3,262		3,275
203454135.SRDLC, 23.99%, 08/07/2026 (a)(r)	Lending Club		08/09/2023		10,323		10,029		10,062
203454561.SRDLC, 32.39%, 08/22/2028 (a)(r)	Lending Club		08/10/2023		14,984		14,560		14,709
203457275.SRDLC, 30.99%, 08/08/2026 (a)(r)	Lending Club		08/10/2023		1,448		1,406		1,401
203461601.SRDLC, 15.74%, 08/08/2026 (a)(r)	Lending Club		08/10/2023		8,029		7,841		7,935
203461803.SRDLC, 10.99%, 08/21/2028 (a)(r)	Lending Club		08/23/2023		17,545		17,119		17,497
203466701.SRDLC, 22.49%, 08/07/2028 (a)(o)(r)	Lending Club		08/09/2023		349		340		347
203470947.SRDLC, 26.49%, 08/22/2026 (a)(r)	Lending Club		08/18/2023		13,540		13,153		13,317
203474872.SRDLC, 24.74%, 08/11/2028 (a)(r)	Lending Club		08/09/2023		4,730		4,615		4,676
203475094.SRDLC, 24.99%, 08/09/2026 (a)(r)	Lending Club		08/11/2023		1,154		1,121		1,126
203479073.SRDLC, 10.74%, 08/07/2028 (a)(r)	Lending Club		08/09/2023		36,059		35,188		35,929
203483431.SRDLC, 14.73%, 08/07/2025 (a)(r)	Lending Club		08/09/2023		5,101		4,986		5,056
203484384.SRDLC, 30.49%, 08/20/2028 (a)(r)	Lending Club		08/15/2023		24,828		24,118		24,444
203486393.SRDLC, 11.49%, 08/18/2028 (a)(r)	Lending Club		08/22/2023		9,751		9,514		9,722
203487312.SRDLC, 21.24%, 08/15/2027 (a)(r)	Lending Club		08/09/2023		38,919		37,981		38,572
203490417.SRDLC, 9.24%, 08/25/2026 (a)(r)	Lending Club		08/14/2023		5,732		5,597		5,715
203493614.SRDLC, 29.99%, 08/18/2028 (a)(r)	Lending Club		08/11/2023		5,955		5,780		5,825

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

79

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
203494811.SRDLC, 24.99%, 08/09/2026 (a)(r)	Lending Club		08/11/2023	$	9,233	$	8,970	$	9,009
203495199.SRDLC, 19.49%, 08/22/2028 (a)(r)	Lending Club		08/09/2023		39,526		38,568		39,023
203499904.SRDLC, 12.99%, 08/18/2028 (a)(r)	Lending Club		08/22/2023		39,228		38,274		39,207
203499985.SRDLC, 10.49%, 08/17/2026 (a)(r)	Lending Club		08/21/2023		7,999		7,810		7,949
203504176.SRDLC, 26.99%, 08/09/2026 (a)(r)	Lending Club		08/11/2023		4,815		4,677		4,665
203504303.SRDLC, 15.24%, 08/16/2028 (a)(r)	Lending Club		08/18/2023		19,548		19,073		19,413
203510721.SRDLC, 14.49%, 08/15/2028 (a)(r)	Lending Club		08/17/2023		5,373		5,243		5,338
203512211.SRDLC, 28.49%, 08/10/2026 (a)(r)	Lending Club		08/14/2023		5,815		5,649		5,674
203512320.SRDLC, 12.19%, 08/09/2028 (a)(r)	Lending Club		08/11/2023		20,486		19,990		20,342
203515589.SRDLC, 9.74%, 08/09/2026 (a)(r)	Lending Club		08/11/2023		1,903		1,859		1,895
203516782.SRDLC, 7.24%, 08/10/2026 (a)(r)	Lending Club		08/14/2023		15,199		14,843		15,157
203520321.SRDLC, 10.24%, 08/11/2026 (a)(r)	Lending Club		08/15/2023		14,282		13,946		14,181
203520590.SRDLC, 24.99%, 08/18/2026 (a)(r)	Lending Club		08/22/2023		24,044		23,354		23,585
203521395.SRDLC, 17.24%, 08/10/2028 (a)(r)	Lending Club		08/14/2023		39,022		38,073		38,602
203523432.SRDLC, 9.74%, 08/10/2026 (a)(r)	Lending Club		08/14/2023		6,472		6,320		6,443
203533345.SRDLC, 11.99%, 08/14/2028 (a)(r)	Lending Club		08/16/2023		20,483		19,987		20,416
203535224.SRDLC, 17.49%, 09/06/2027 (a)(r)	Lending Club		09/08/2023		8,869		8,610		8,719
203537628.SRDLC, 20.99%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		1,151		1,118		1,126
203545003.SRDLC, 29.99%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		2,291		2,225		2,226
203548820.SRDLC, 10.99%, 08/14/2028 (a)(r)	Lending Club		08/16/2023		13,646		13,316		13,603
203552226.SRDLC, 19.99%, 08/15/2026 (a)(r)	Lending Club		08/17/2023		9,587		9,313		9,381
203561448.SRDLC, 10.34%, 08/10/2026 (a)(r)	Lending Club		08/14/2023		14,283		13,947		14,219
203565404.SRDLC, 28.99%, 08/16/2025 (a)(r)	Lending Club		08/18/2023		943		917		923
203566046.SRDLC, 28.99%, 08/16/2028 (a)(r)	Lending Club		08/18/2023		7,877		7,645		7,650
203566776.SRDLC, 31.89%, 08/25/2027 (a)(r)	Lending Club		08/18/2023		11,842		11,497		11,577
203567747.SRDLC, 32.39%, 08/16/2028 (a)(r)	Lending Club		08/18/2023		14,792		14,355		14,361
203570882.SRDLC, 17.24%, 08/16/2028 (a)(r)	Lending Club		08/18/2023		39,145		38,191		38,762
203571743.SRDLC, 30.99%, 08/22/2026 (a)(r)	Lending Club		08/24/2023		14,478		14,060		14,140
203573713.SRDLC, 29.49%, 08/16/2027 (a)(r)	Lending Club		08/18/2023		2,346		2,277		2,280
203576237.SRDLC, 27.99%, 08/16/2028 (a)(r)	Lending Club		08/18/2023		7,874		7,642		7,647
203590328.SRDLC, 11.49%, 08/30/2028 (a)(r)	Lending Club		08/22/2023		16,576		16,173		16,540
203592212.SRDLC, 20.99%, 08/25/2026 (a)(r)	Lending Club		08/21/2023		2,410		2,341		2,375
203592650.SRDLC, 10.74%, 09/22/2026 (a)(r)	Lending Club		09/26/2023		13,669		13,336		13,630
203597908.SRDLC, 31.89%, 08/31/2027 (a)(r)	Lending Club		08/21/2023		1,285		1,247		1,251
203601173.SRDLC, 28.99%, 08/18/2025 (a)(r)	Lending Club		08/22/2023		2,342		2,277		2,286
203601584.SRDLC, 9.74%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		2,855		2,788		2,844
203602491.SRDLC, 29.99%, 08/18/2026 (a)(r)	Lending Club		08/22/2023		5,736		5,570		5,592
203609082.SRDLC, 12.99%, 08/14/2028 (a)(r)	Lending Club		08/16/2023		24,401		23,809		24,292
203611919.SRDLC, 17.24%, 08/31/2028 (a)(r)	Lending Club		09/05/2023		29,345		28,626		29,233
203614218.SRDLC, 8.24%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		17,112		16,711		17,041
203618018.SRDLC, 10.79%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		24,765		24,182		24,657
203621777.SRDLC, 9.74%, 08/14/2026 (a)(r)	Lending Club		08/16/2023		5,235		5,112		5,212
203623021.SRDLC, 8.24%, 08/24/2026 (a)(r)	Lending Club		08/28/2023		17,112		16,706		17,055
203626028.SRDLC, 7.24%, 08/17/2026 (a)(r)	Lending Club		08/21/2023		12,349		12,058		12,318
203626073.SRDLC, 14.74%, 08/21/2027 (a)(r)	Lending Club		08/23/2023		17,442		17,021		17,289
203633630.SRDLC, 15.49%, 08/14/2028 (a)(r)	Lending Club		08/16/2023		39,103		38,152		38,818
203634690.SRDLC, 20.99%, 08/15/2026 (a)(r)	Lending Club		08/17/2023		5,276		5,151		5,202
203638248.SRDLC, 9.49%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		32,306		31,543		32,185
203638648.SRDLC, 9.74%, 08/17/2026 (a)(r)	Lending Club		08/21/2023		14,276		13,939		14,220
203643192.SRDLC, 30.49%, 08/21/2028 (a)(r)	Lending Club		08/23/2023		24,633		23,906		24,000
203645977.SRDLC, 21.24%, 08/14/2028 (a)(r)	Lending Club		08/16/2023		24,521		23,923		24,302
203647546.SRDLC, 18.99%, 09/05/2028 (a)(r)	Lending Club		09/07/2023		19,798		19,214		19,464
203656810.SRDLC, 13.49%, 08/15/2027 (a)(r)	Lending Club		08/17/2023		30,776		30,036		30,567
203664790.SRDLC, 12.74%, 08/04/2026 (a)(r)	Lending Club		08/21/2023		660		644		657
203666719.SRDLC, 12.72%, 08/29/2026 (a)(r)	Lending Club		08/17/2023		5,652		5,519		5,615
203668036.SRDLC, 24.99%, 08/23/2025 (a)(r)	Lending Club		08/25/2023		7,474		7,266		7,348
203669529.SRDLC, 7.00%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		18,995		18,547		18,949

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

80

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
203685456.SRDLC, 13.49%, 08/21/2026 (a)(r)	Lending Club		08/23/2023	$	13,361	$	13,044	$	13,260
203694435.SRDLC, 7.24%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		7,315		7,142		7,297
203705262.SRDLC, 15.99%, 08/23/2026 (a)(r)	Lending Club		08/25/2023		8,126		7,894		8,009
203709129.SRDLC, 9.74%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		9,517		9,293		9,481
203711930.SRDLC, 14.24%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		3,342		3,263		3,314
203715269.SRDLC, 7.24%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		3,325		3,246		3,317
203717864.SRDLC, 13.49%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		16,224		15,840		16,101
203718377.SRDLC, 9.24%, 08/28/2026 (a)(r)	Lending Club		08/29/2023		14,759		14,408		14,729
203720575.SRDLC, 13.74%, 08/17/2026 (a)(r)	Lending Club		08/21/2023		24,436		23,857		24,275
203721454.SRDLC, 17.74%, 08/28/2026 (a)(r)	Lending Club		08/30/2023		32,893		32,103		32,654
203727116.SRDLC, 9.69%, 08/22/2026 (a)(r)	Lending Club		08/24/2023		38,069		37,168		37,979
203732053.SRDLC, 12.49%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		12,875		12,570		12,795
203738755.SRDLC, 10.99%, 08/20/2026 (a)(r)	Lending Club		08/25/2023		1,903		1,858		1,896
203743719.SRDLC, 13.99%, 08/21/2026 (a)(r)	Lending Club		08/23/2023		6,874		6,711		6,830
203748381.SRDLC, 8.24%, 09/02/2026 (a)(r)	Lending Club		08/28/2023		19,154		18,700		19,107
203751185.SRDLC, 13.24%, 08/21/2027 (a)(r)	Lending Club		08/23/2023		36,780		35,893		36,632
203760470.SRDLC, 10.49%, 08/25/2026 (a)(r)	Lending Club		08/29/2023		10,951		10,691		10,913
203761982.SRDLC, 20.99%, 08/22/2028 (a)(r)	Lending Club		08/24/2023		19,588		19,109		19,454
203768698.SRDLC, 9.49%, 08/28/2028 (a)(r)	Lending Club		08/30/2023		29,212		28,501		29,148
203779390.SRDLC, 12.99%, 08/22/2027 (a)(r)	Lending Club		08/24/2023		14,517		14,167		14,461
203779740.SRDLC, 13.74%, 08/26/2026 (a)(r)	Lending Club		08/25/2023		4,587		4,478		4,573
203786996.SRDLC, 14.24%, 08/24/2026 (a)(r)	Lending Club		08/28/2023		21,007		20,507		20,839
203789134.SRDLC, 14.74%, 08/24/2027 (a)(r)	Lending Club		08/28/2023		23,212		22,650		23,033
203792186.SRDLC, 13.74%, 09/05/2027 (a)(r)	Lending Club		09/07/2023		9,843		9,603		9,806
203801128.SRDLC, 12.49%, 08/24/2026 (a)(r)	Lending Club		08/28/2023		38,147		37,240		37,935
203801304.SRDLC, 13.74%, 08/28/2026 (a)(r)	Lending Club		08/30/2023		19,091		18,636		18,961
203810114.SRDLC, 9.49%, 08/28/2026 (a)(r)	Lending Club		08/30/2023		12,941		12,634		12,899
203816676.SRDLC, 15.74%, 08/28/2028 (a)(r)	Lending Club		08/30/2023		19,555		19,077		19,456
203830149.SRDLC, 16.45%, 08/28/2027 (a)(r)	Lending Club		08/30/2023		4,850		4,733		4,834
203830171.SRDLC, 11.24%, 08/31/2028 (a)(r)	Lending Club		08/30/2023		24,396		23,807		24,345
203830989.SRDLC, 20.74%, 08/28/2028 (a)(r)	Lending Club		08/30/2023		13,728		13,392		13,629
203836638.SRDLC, 11.99%, 09/30/2028 (a)(r)	Lending Club		09/19/2023		14,891		14,525		14,862
203838024.SRDLC, 9.74%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		9,760		9,526		9,729
203838432.SRDLC, 25.99%, 09/06/2028 (a)(r)	Lending Club		09/08/2023		21,818		21,280		21,572
203853264.SRDLC, 15.48%, 08/28/2026 (a)(r)	Lending Club		08/30/2023		7,168		6,997		7,136
203859318.SRDLC, 10.24%, 08/28/2026 (a)(r)	Lending Club		08/30/2023		28,563		27,884		28,418
203862282.SRDLC, 19.99%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		2,449		2,378		2,402
203862370.SRDLC, 9.74%, 08/28/2026 (a)(r)	Lending Club		08/30/2023		19,035		18,582		18,972
203867193.SRDLC, 8.24%, 08/29/2025 (a)(r)	Lending Club		08/31/2023		9,228		9,013		9,198
203875110.SRDLC, 8.99%, 08/29/2026 (a)(r)	Lending Club		08/31/2023		17,597		17,175		17,544
203878978.SRDLC, 7.17%, 09/19/2026 (a)(r)	Lending Club		09/11/2023		12,511		12,211		12,503
203880271.SRDLC, 9.49%, 09/13/2026 (a)(r)	Lending Club		09/15/2023		24,397		23,810		24,334
203883383.SRDLC, 10.74%, 09/14/2027 (a)(r)	Lending Club		09/18/2023		22,024		21,487		21,972
203888619.SRDLC, 13.99%, 08/30/2026 (a)(r)	Lending Club		09/01/2023		19,011		18,557		18,916
203895315.SRDLC, 7.89%, 08/30/2026 (a)(r)	Lending Club		09/01/2023		20,529		20,042		20,498
203901815.SRDLC, 27.99%, 08/29/2028 (a)(r)	Lending Club		08/31/2023		24,605		23,867		24,107
203902012.SRDLC, 13.49%, 08/31/2026 (a)(r)	Lending Club		09/05/2023		29,574		28,868		29,424
203912524.SRDLC, 9.99%, 09/11/2028 (a)(r)	Lending Club		09/13/2023		24,184		23,591		24,136
203914458.SRDLC, 14.24%, 09/14/2026 (a)(r)	Lending Club		09/18/2023		16,132		15,742		16,032
203922191.SRDLC, 13.49%, 09/10/2026 (a)(r)	Lending Club		09/07/2023		23,500		22,937		23,446
203931557.SRDLC, 19.24%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		14,689		14,335		14,507
203935388.SRDLC, 15.49%, 09/05/2028 (a)(r)	Lending Club		09/07/2023		29,048		28,336		28,875
203936470.SRDLC, 7.24%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		27,789		27,122		27,745
203943135.SRDLC, 16.24%, 09/05/2028 (a)(r)	Lending Club		09/07/2023		19,287		18,814		19,137
203947876.SRDLC, 12.99%, 09/12/2027 (a)(r)	Lending Club		09/07/2023		17,758		17,327		17,725
203951630.SRDLC, 11.99%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		11,233		10,963		11,181
203951950.SRDLC, 10.74%, 09/10/2027 (a)(r)	Lending Club		09/07/2023		20,654		20,153		20,619

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

81

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
203959091.SRDLC, 13.70%, 08/31/2026 (a)(r)	Lending Club		09/05/2023	$	10,972	$	10,710	$	10,869
203963255.SRDLC, 10.74%, 09/05/2028 (a)(r)	Lending Club		09/07/2023		16,785		16,375		16,745
203964501.SRDLC, 26.99%, 09/05/2027 (a)(r)	Lending Club		09/07/2023		7,906		7,673		7,680
203966956.SRDLC, 15.49%, 09/05/2028 (a)(r)	Lending Club		09/07/2023		12,855		12,540		12,779
203969300.SRDLC, 31.89%, 09/05/2027 (a)(r)	Lending Club		09/07/2023		5,442		5,282		5,285
203970650.SRDLC, 13.49%, 09/08/2026 (a)(r)	Lending Club		09/12/2023		15,637		15,260		15,550
203980955.SRDLC, 26.49%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		9,815		9,530		9,612
203981929.SRDLC, 9.25%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		12,490		12,191		12,471
203986355.SRDLC, 24.99%, 09/06/2026 (a)(r)	Lending Club		09/08/2023		5,870		5,699		5,751
203986859.SRDLC, 12.49%, 09/05/2028 (a)(r)	Lending Club		09/07/2023		4,940		4,819		4,916
203987377.SRDLC, 9.74%, 09/06/2026 (a)(r)	Lending Club		09/08/2023		14,640		14,289		14,595
203990041.SRDLC, 12.72%, 10/30/2026 (a)(r)	Lending Club		09/07/2023		15,692		15,314		15,549
203990508.SRDLC, 30.99%, 09/08/2028 (a)(r)	Lending Club		09/12/2023		5,957		5,780		5,800
204004456.SRDLC, 10.24%, 09/07/2026 (a)(r)	Lending Club		09/11/2023		14,642		14,291		14,573
204004661.SRDLC, 9.49%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		7,319		7,144		7,296
204006194.SRDLC, 15.99%, 09/11/2028 (a)(r)	Lending Club		09/13/2023		12,363		12,059		12,284
204006936.SRDLC, 26.99%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		4,912		4,770		4,821
204007369.SRDLC, 6.91%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		18,036		17,605		18,004
204011199.SRDLC, 12.99%, 10/04/2028 (a)(r)	Lending Club		10/06/2023		26,000		25,356		25,916
204011210.SRDLC, 19.49%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		12,731		12,423		12,600
204011230.SRDLC, 12.24%, 09/14/2028 (a)(r)	Lending Club		09/18/2023		39,513		38,542		39,368
204015353.SRDLC, 31.89%, 09/05/2027 (a)(r)	Lending Club		09/07/2023		14,842		14,405		14,414
204015411.SRDLC, 11.74%, 09/08/2026 (a)(r)	Lending Club		09/12/2023		21,487		20,970		21,386
204015417.SRDLC, 8.24%, 09/06/2026 (a)(r)	Lending Club		09/08/2023		14,631		14,281		14,588
204023193.SRDLC, 19.24%, 09/11/2028 (a)(r)	Lending Club		09/13/2023		8,910		8,690		8,854
204029226.SRDLC, 9.74%, 09/18/2026 (a)(r)	Lending Club		09/20/2023		23,378		22,812		23,325
204033628.SRDLC, 19.49%, 09/18/2026 (a)(r)	Lending Club		09/20/2023		9,793		9,555		9,716
204034397.SRDLC, 14.74%, 09/11/2028 (a)(r)	Lending Club		09/13/2023		11,864		11,572		11,806
204043534.SRDLC, 13.49%, 09/12/2026 (a)(r)	Lending Club		09/14/2023		20,524		20,029		20,417
204050055.SRDLC, 20.99%, 09/08/2026 (a)(r)	Lending Club		09/12/2023		4,899		4,757		4,815
204052415.SRDLC, 17.49%, 09/14/2026 (a)(r)	Lending Club		09/18/2023		23,488		22,919		23,350
204054285.SRDLC, 13.49%, 09/11/2027 (a)(r)	Lending Club		09/13/2023		9,842		9,602		9,811
204055143.SRDLC, 21.49%, 09/05/2026 (a)(r)	Lending Club		09/07/2023		8,330		8,089		8,171
204061116.SRDLC, 14.74%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		16,622		16,221		16,502
204062213.SRDLC, 16.24%, 09/18/2028 (a)(r)	Lending Club		09/20/2023		28,115		27,422		27,982
204065000.SRDLC, 15.49%, 09/12/2028 (a)(r)	Lending Club		09/14/2023		20,173		19,677		20,076
204068660.SRDLC, 15.74%, 09/19/2028 (a)(r)	Lending Club		09/21/2023		19,779		19,291		19,691
204073961.SRDLC, 30.99%, 09/07/2026 (a)(r)	Lending Club		09/11/2023		14,742		14,312		14,373
204110223.SRDLC, 14.49%, 09/15/2028 (a)(r)	Lending Club		09/14/2023		17,816		17,378		17,785
204121557.SRDLC, 22.99%, 09/21/2027 (a)(r)	Lending Club		09/25/2023		3,948		3,851		3,930
204122257.SRDLC, 31.89%, 09/15/2027 (a)(r)	Lending Club		09/12/2023		14,935		14,496		14,695
204124473.SRDLC, 9.24%, 09/12/2026 (a)(r)	Lending Club		09/14/2023		10,246		9,999		10,219
204124927.SRDLC, 26.99%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		1,178		1,144		1,150
204129331.SRDLC, 8.24%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		10,242		9,996		10,215
204131981.SRDLC, 19.49%, 09/18/2028 (a)(r)	Lending Club		09/20/2023		13,928		13,584		13,896
204134551.SRDLC, 32.39%, 09/11/2028 (a)(r)	Lending Club		09/13/2023		9,932		9,637		9,676
204136163.SRDLC, 24.99%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		981		953		964
204136555.SRDLC, 12.99%, 09/18/2028 (a)(r)	Lending Club		09/20/2023		24,702		24,094		24,651
204137266.SRDLC, 10.25%, 09/18/2028 (a)(r)	Lending Club		09/20/2023		39,487		38,517		39,470
204138929.SRDLC, 14.24%, 09/19/2026 (a)(r)	Lending Club		09/21/2023		8,309		8,108		8,263
204140330.SRDLC, 13.74%, 09/18/2026 (a)(r)	Lending Club		09/20/2023		8,797		8,583		8,764
204142119.SRDLC, 24.49%, 09/11/2025 (a)(r)	Lending Club		09/13/2023		967		940		951
204142698.SRDLC, 24.99%, 09/11/2026 (a)(r)	Lending Club		09/13/2023		1,766		1,715		1,734
204148665.SRDLC, 17.24%, 09/22/2028 (a)(r)	Lending Club		09/26/2023		39,575		38,598		39,438
204151143.SRDLC, 11.61%, 09/26/2026 (a)(r)	Lending Club		09/28/2023		10,743		10,482		10,715
204157948.SRDLC, 10.99%, 09/11/2025 (a)(r)	Lending Club		09/13/2023		6,257		6,080		6,183
204159589.SRDLC, 16.99%, 09/11/2025 (a)(r)	Lending Club		09/13/2023		1,929		1,875		1,906

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

82

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
204165786.SRDLC, 31.89%, 09/15/2027 (a)(r)	Lending Club		09/19/2023	$	2,375	$	2,304	$	2,324
204166856.SRDLC, 19.24%, 09/20/2028 (a)(r)	Lending Club		09/22/2023		12,869		12,552		12,752
204166999.SRDLC, 7.99%, 09/25/2026 (a)(r)	Lending Club		09/27/2023		11,704		11,420		11,684
204170307.SRDLC, 14.24%, 09/19/2028 (a)(r)	Lending Club		09/21/2023		24,712		24,103		24,688
204179165.SRDLC, 32.39%, 09/12/2028 (a)(r)	Lending Club		09/14/2023		10,329		10,022		10,070
204182238.SRDLC, 27.99%, 09/01/2025 (a)(r)	Lending Club		09/14/2023		9,215		8,951		9,004
204182495.SRDLC, 26.49%, 09/13/2025 (a)(r)	Lending Club		09/15/2023		14,519		14,105		14,284
204183286.SRDLC, 14.24%, 09/20/2026 (a)(r)	Lending Club		09/22/2023		19,551		19,077		19,447
204187223.SRDLC, 32.39%, 09/14/2028 (a)(r)	Lending Club		09/18/2023		9,941		9,645		9,806
204187639.SRDLC, 12.50%, 10/10/2028 (a)(r)	Lending Club		10/12/2023		40,000		39,008		39,897
204191985.SRDLC, 24.99%, 09/14/2026 (a)(r)	Lending Club		09/18/2023		2,943		2,857		2,898
204196251.SRDLC, 9.24%, 09/20/2026 (a)(r)	Lending Club		09/22/2023		10,734		10,474		10,711
204202854.SRDLC, 15.74%, 09/20/2028 (a)(r)	Lending Club		09/22/2023		26,489		25,835		26,395
204204050.SRDLC, 14.24%, 09/29/2026 (a)(r)	Lending Club		10/03/2023		2,933		2,861		2,926
204209661.SRDLC, 30.99%, 09/14/2027 (a)(r)	Lending Club		09/18/2023		6,925		6,720		6,774
204210805.SRDLC, 15.99%, 09/18/2026 (a)(r)	Lending Club		09/20/2023		9,782		9,497		9,675
204212482.SRDLC, 24.99%, 09/22/2026 (a)(r)	Lending Club		09/20/2023		7,871		7,641		7,801
204214468.SRDLC, 30.99%, 10/06/2026 (a)(r)	Lending Club		10/11/2023		15,000		14,481		14,796
204224192.SRDLC, 9.99%, 09/21/2027 (a)(r)	Lending Club		09/25/2023		14,745		14,383		14,724
204225759.SRDLC, 10.74%, 10/03/2028 (a)(r)	Lending Club		10/05/2023		25,000		24,382		24,947
204229898.SRDLC, 23.99%, 09/15/2025 (a)(r)	Lending Club		09/19/2023		1,934		1,879		1,907
204230106.SRDLC, 29.99%, 09/30/2027 (a)(r)	Lending Club		09/20/2023		7,999		7,759		7,829
204232207.SRDLC, 12.99%, 09/26/2027 (a)(r)	Lending Club		09/28/2023		6,888		6,719		6,878
204240771.SRDLC, 31.99%, 09/15/2028 (a)(r)	Lending Club		09/19/2023		4,965		4,818		4,857
204242152.SRDLC, 17.24%, 09/25/2028 (a)(r)	Lending Club		09/27/2023		3,948		3,850		3,937
204246164.SRDLC, 14.49%, 09/25/2028 (a)(r)	Lending Club		09/27/2023		34,627		33,773		34,635
204246775.SRDLC, 10.99%, 09/22/2028 (a)(r)	Lending Club		09/26/2023		17,774		17,336		17,752
204263887.SRDLC, 30.99%, 09/20/2026 (a)(r)	Lending Club		09/22/2023		1,769		1,717		1,737
204263898.SRDLC, 9.49%, 10/15/2027 (a)(r)	Lending Club		10/13/2023		14,500		14,141		14,478
204269082.SRDLC, 8.24%, 09/25/2026 (a)(r)	Lending Club		09/27/2023		7,316		7,138		7,303
204271092.SRDLC, 10.34%, 09/25/2028 (a)(r)	Lending Club		09/27/2023		37,909		36,975		37,866
204271776.SRDLC, 10.94%, 09/25/2027 (a)(r)	Lending Club		09/27/2023		25,566		24,939		25,532
204286161.SRDLC, 18.98%, 09/29/2028 (a)(r)	Lending Club		10/03/2023		18,313		17,858		18,339
204287553.SRDLC, 23.49%, 09/18/2027 (a)(r)	Lending Club		09/20/2023		4,736		4,596		4,667
204288094.SRDLC, 14.49%, 10/03/2026 (a)(r)	Lending Club		10/05/2023		10,000		9,755		9,937
204292640.SRDLC, 21.49%, 09/19/2026 (a)(r)	Lending Club		09/21/2023		2,940		2,854		2,899
204292960.SRDLC, 32.39%, 09/19/2028 (a)(r)	Lending Club		09/21/2023		14,897		14,454		14,592
204295212.SRDLC, 9.24%, 09/20/2026 (a)(r)	Lending Club		09/29/2023		20,454		19,956		20,420
204308288.SRDLC, 11.49%, 09/29/2028 (a)(r)	Lending Club		10/03/2023		35,553		34,673		35,523
204310629.SRDLC, 30.99%, 09/20/2026 (a)(r)	Lending Club		09/22/2023		9,828		9,540		9,650
204322219.SRDLC, 22.99%, 10/06/2028 (a)(r)	Lending Club		10/11/2023		6,000		5,791		5,946
204323494.SRDLC, 30.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		3,200		3,089		3,171
204333802.SRDLC, 19.49%, 10/05/2026 (a)(r)	Lending Club		10/10/2023		31,000		30,236		30,753
204334194.SRDLC, 27.49%, 09/21/2026 (a)(r)	Lending Club		09/25/2023		8,836		8,577		8,693
204334859.SRDLC, 15.49%, 10/12/2028 (a)(r)	Lending Club		10/05/2023		16,200		15,799		16,122
204351331.SRDLC, 22.99%, 09/25/2026 (a)(r)	Lending Club		09/27/2023		24,511		23,792		24,239
204354172.SRDLC, 28.49%, 09/26/2026 (a)(r)	Lending Club		09/28/2023		7,562		7,340		7,454
204356087.SRDLC, 21.99%, 09/25/2026 (a)(r)	Lending Club		09/27/2023		9,801		9,514		9,688
204357965.SRDLC, 10.45%, 10/03/2027 (a)(r)	Lending Club		10/05/2023		17,000		16,581		16,946
204365736.SRDLC, 22.49%, 09/27/2027 (a)(r)	Lending Club		09/29/2023		1,974		1,916		1,955
204368204.SRDLC, 24.74%, 10/13/2026 (a)(r)	Lending Club		10/17/2023		2,000		1,950		1,986
204377853.SRDLC, 10.49%, 10/05/2027 (a)(r)	Lending Club		10/10/2023		7,000		6,827		6,981
204379080.SRDLC, 10.12%, 10/12/2026 (a)(r)	Lending Club		10/16/2023		6,000		5,852		5,991
204381183.SRDLC, 30.99%, 09/28/2026 (a)(r)	Lending Club		10/02/2023		5,897		5,693		5,826
204384797.SRDLC, 13.49%, 10/04/2027 (a)(r)	Lending Club		10/06/2023		40,000		39,013		39,868
204393944.SRDLC, 7.99%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		9,000		8,779		8,985
204404676.SRDLC, 28.99%, 09/25/2025 (a)(r)	Lending Club		09/27/2023		5,813		5,644		5,730

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

83

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
204404801.SRDLC, 28.99%, 09/25/2025 (a)(r)	Lending Club		09/27/2023	$	2,422	$	2,352	$	2,387
204416518.SRDLC, 12.49%, 10/10/2026 (a)(r)	Lending Club		10/11/2023		5,200		5,072		5,184
204432472.SRDLC, 9.99%, 10/06/2026 (a)(r)	Lending Club		10/11/2023		10,400		10,144		10,381
204432623.SRDLC, 13.74%, 10/06/2026 (a)(r)	Lending Club		10/11/2023		2,500		2,438		2,492
204435865.SRDLC, 11.61%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		24,000		23,409		23,929
204441168.SRDLC, 16.99%, 10/06/2028 (a)(r)	Lending Club		10/11/2023		7,000		6,826		6,972
204445428.SRDLC, 11.25%, 10/06/2028 (a)(r)	Lending Club		10/11/2023		19,875		19,382		19,839
204448443.SRDLC, 28.49%, 09/27/2027 (a)(r)	Lending Club		09/29/2023		4,943		4,796		4,871
204453655.SRDLC, 7.17%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		7,289		7,109		7,282
204454356.SRDLC, 25.99%, 09/27/2026 (a)(r)	Lending Club		09/29/2023		3,925		3,810		3,885
204456266.SRDLC, 13.74%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		11,200		10,924		11,166
204466314.SRDLC, 32.39%, 10/19/2028 (a)(r)	Lending Club		10/23/2023		6,000		5,790		5,962
204467911.SRDLC, 12.23%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		15,000		14,630		14,955
204468340.SRDLC, 8.24%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		15,000		14,631		14,975
204469238.SRDLC, 9.49%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		3,000		2,926		2,995
204471173.SRDLC, 32.39%, 10/04/2028 (a)(r)	Lending Club		10/06/2023		12,000		11,582		11,789
204471480.SRDLC, 26.99%, 10/03/2026 (a)(r)	Lending Club		10/05/2023		5,000		4,828		4,915
204481333.SRDLC, 26.99%, 10/03/2026 (a)(r)	Lending Club		10/05/2023		25,000		24,138		24,576
204486296.SRDLC, 10.24%, 10/17/2026 (a)(r)	Lending Club		10/12/2023		8,500		8,291		8,485
204493523.SRDLC, 9.74%, 10/10/2028 (a)(r)	Lending Club		10/12/2023		35,000		34,132		34,943
204504315.SRDLC, 14.24%, 10/11/2026 (a)(r)	Lending Club		10/13/2023		10,075		9,827		10,029
204508979.SRDLC, 22.49%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		11,000		10,617		10,965
204517405.SRDLC, 30.49%, 10/02/2028 (a)(r)	Lending Club		10/04/2023		9,100		8,783		8,930
204517947.SRDLC, 27.49%, 10/19/2028 (a)(r)	Lending Club		10/06/2023		20,000		19,304		19,665
204532190.SRDLC, 30.99%, 10/03/2026 (a)(r)	Lending Club		10/05/2023		2,400		2,317		2,358
204534263.SRDLC, 22.99%, 10/03/2026 (a)(r)	Lending Club		10/05/2023		3,000		2,897		2,960
204537671.SRDLC, 12.99%, 10/01/2026 (a)(r)	Lending Club		10/13/2023		15,000		14,630		14,956
204548026.SRDLC, 7.24%, 10/12/2026 (a)(r)	Lending Club		10/16/2023		24,100		23,505		24,078
204557255.SRDLC, 30.99%, 10/05/2026 (a)(r)	Lending Club		10/10/2023		7,000		6,758		6,900
204558650.SRDLC, 31.99%, 10/05/2028 (a)(r)	Lending Club		10/10/2023		18,000		17,372		17,731
204559321.SRDLC, 20.99%, 10/05/2026 (a)(r)	Lending Club		10/10/2023		4,000		3,862		3,965
204562846.SRDLC, 24.99%, 10/06/2026 (a)(r)	Lending Club		10/11/2023		3,000		2,896		2,968
204565547.SRDLC, 32.39%, 10/05/2028 (a)(r)	Lending Club		10/10/2023		11,050		10,665		10,884
204573475.SRDLC, 17.50%, 10/12/2027 (a)(r)	Lending Club		10/16/2023		22,000		21,454		21,929
204575583.SRDLC, 25.99%, 10/04/2026 (a)(r)	Lending Club		10/16/2023		10,000		9,653		9,917
204581485.SRDLC, 15.99%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		30,000		29,254		29,891
204581649.SRDLC, 26.99%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		6,000		5,792		5,924
204583517.SRDLC, 24.49%, 10/06/2027 (a)(r)	Lending Club		10/11/2023		2,943		2,841		2,915
204587454.SRDLC, 32.39%, 10/17/2028 (a)(r)	Lending Club		10/19/2023		25,000		24,127		24,774
204588836.SRDLC, 28.99%, 10/18/2025 (a)(r)	Lending Club		10/20/2023		15,000		14,481		14,884
204588997.SRDLC, 12.74%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		30,000		29,254		29,940
204594269.SRDLC, 21.49%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		13,500		13,033		13,391
204595690.SRDLC, 26.99%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		6,600		6,372		6,517
204598441.SRDLC, 29.49%, 10/10/2028 (a)(r)	Lending Club		10/12/2023		25,000		24,129		24,665
204602413.SRDLC, 15.99%, 10/13/2026 (a)(r)	Lending Club		10/17/2023		5,500		5,309		5,476
204602427.SRDLC, 31.89%, 10/17/2027 (a)(r)	Lending Club		10/19/2023		19,500		18,820		19,327
204607632.SRDLC, 26.49%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		16,500		15,929		16,333
204609441.SRDLC, 15.74%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		12,900		12,579		12,864
204610980.SRDLC, 20.99%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		1,200		1,159		1,190
204611663.SRDLC, 30.99%, 10/10/2026 (a)(r)	Lending Club		10/12/2023		5,000		4,827		4,935
204615141.SRDLC, 12.24%, 10/13/2028 (a)(r)	Lending Club		10/17/2023		31,000		30,229		30,936
204617295.SRDLC, 13.99%, 10/13/2027 (a)(r)	Lending Club		10/17/2023		6,500		6,339		6,486
204622779.SRDLC, 24.49%, 10/25/2026 (a)(r)	Lending Club		10/12/2023		25,000		24,135		24,758
204627471.SRDLC, 10.49%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		20,000		19,503		19,974
204629248.SRDLC, 15.49%, 10/13/2028 (a)(r)	Lending Club		10/17/2023		4,000		3,901		3,988
204639031.SRDLC, 28.99%, 10/23/2025 (a)(r)	Lending Club		10/25/2023		2,000		1,930		1,991
204642940.SRDLC, 27.49%, 10/11/2026 (a)(r)	Lending Club		10/13/2023		6,744		6,511		6,657

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

84

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
204647088.SRDLC, 22.99%, 10/11/2025 (a)(r)	Lending Club		10/13/2023	$	15,200	$	14,678	$	15,059
204647611.SRDLC, 25.99%, 10/11/2026 (a)(r)	Lending Club		10/13/2023		5,000		4,827		4,952
204650247.SRDLC, 30.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		4,800		4,633		4,756
204652932.SRDLC, 15.99%, 10/20/2026 (a)(r)	Lending Club		10/24/2023		10,000		9,652		9,975
204652983.SRDLC, 32.39%, 10/17/2028 (a)(r)	Lending Club		10/16/2023		7,200		6,949		7,121
204659474.SRDLC, 8.24%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		27,625		26,942		27,590
204659553.SRDLC, 31.89%, 10/11/2027 (a)(r)	Lending Club		10/13/2023		1,800		1,737		1,777
204659620.SRDLC, 26.49%, 10/11/2026 (a)(r)	Lending Club		10/13/2023		6,500		6,275		6,437
204660104.SRDLC, 19.99%, 10/17/2028 (a)(r)	Lending Club		10/13/2023		25,000		24,130		24,844
204665739.SRDLC, 18.99%, 10/12/2025 (a)(r)	Lending Club		10/16/2023		5,000		4,828		4,968
204666512.SRDLC, 15.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		12,000		11,584		11,952
204667188.SRDLC, 28.99%, 10/18/2025 (a)(r)	Lending Club		10/20/2023		2,000		1,931		1,985
204670065.SRDLC, 26.49%, 10/25/2026 (a)(r)	Lending Club		10/27/2023		2,500		2,413		2,493
204670221.SRDLC, 19.49%, 10/19/2026 (a)(r)	Lending Club		10/23/2023		3,500		3,378		3,487
204672903.SRDLC, 21.49%, 10/12/2025 (a)(r)	Lending Club		10/16/2023		10,000		9,656		9,935
204673547.SRDLC, 21.99%, 10/13/2026 (a)(r)	Lending Club		10/17/2023		6,000		5,792		5,963
204673717.SRDLC, 10.49%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		36,000		35,109		35,924
204673769.SRDLC, 32.39%, 10/23/2028 (a)(r)	Lending Club		10/25/2023		10,000		9,650		9,949
204674882.SRDLC, 31.89%, 10/20/2027 (a)(r)	Lending Club		10/24/2023		15,000		14,476		14,915
204678003.SRDLC, 28.99%, 10/13/2025 (a)(r)	Lending Club		10/17/2023		3,000		2,897		2,971
204678905.SRDLC, 22.99%, 10/13/2026 (a)(r)	Lending Club		10/17/2023		25,000		24,133		24,812
204680377.SRDLC, 26.49%, 10/18/2026 (a)(r)	Lending Club		10/16/2023		5,000		4,827		4,959
204680412.SRDLC, 27.99%, 10/23/2027 (a)(o)(r)	Lending Club		10/25/2023		21,000		20,267		21,034
204682636.SRDLC, 7.24%, 10/18/2025 (a)(r)	Lending Club		10/20/2023		18,000		17,557		17,986
204682690.SRDLC, 28.49%, 10/13/2028 (a)(r)	Lending Club		10/17/2023		9,000		8,686		8,909
204684311.SRDLC, 31.89%, 10/13/2027 (a)(r)	Lending Club		10/17/2023		2,000		1,930		1,980
204685321.SRDLC, 7.24%, 10/17/2026 (a)(r)	Lending Club		10/19/2023		9,000		8,777		8,993
204685459.SRDLC, 32.39%, 10/13/2028 (a)(r)	Lending Club		10/17/2023		7,000		6,756		6,927
204691442.SRDLC, 29.99%, 10/01/2026 (a)(r)	Lending Club		10/17/2023		2,400		2,317		2,377
204692078.SRDLC, 32.39%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		20,000		19,302		19,806
204692447.SRDLC, 30.99%, 10/13/2026 (a)(r)	Lending Club		10/17/2023		8,000		7,722		7,921
204694390.SRDLC, 30.99%, 10/13/2026 (a)(r)	Lending Club		10/17/2023		6,000		5,792		5,941
204695288.SRDLC, 30.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		11,000		10,618		10,899
204700782.SRDLC, 30.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		2,500		2,413		2,477
204707973.SRDLC, 30.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		13,000		12,548		12,880
204710073.SRDLC, 29.49%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		15,000		14,477		14,858
204710527.SRDLC, 25.98%, 10/16/2027 (a)(r)	Lending Club		10/18/2023		19,500		18,821		19,379
204711592.SRDLC, 31.99%, 10/17/2028 (a)(r)	Lending Club		10/19/2023		10,000		9,651		9,910
204713085.SRDLC, 31.99%, 10/16/2028 (a)(r)	Lending Club		10/18/2023		20,000		19,302		19,807
204717857.SRDLC, 31.89%, 10/16/2027 (a)(r)	Lending Club		10/18/2023		3,000		2,895		2,971
204720778.SRDLC, 20.99%, 10/19/2028 (a)(r)	Lending Club		10/23/2023		36,000		35,102		35,907
204726884.SRDLC, 14.99%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		15,000		14,478		14,968
204727522.SRDLC, 14.49%, 10/17/2026 (a)(r)	Lending Club		10/19/2023		5,000		4,876		4,985
204728464.SRDLC, 30.99%, 10/16/2026 (a)(r)	Lending Club		10/18/2023		1,000		965		991
204730607.SRDLC, 28.48%, 10/17/2028 (a)(r)	Lending Club		10/19/2023		7,000		6,756		6,939
204733267.SRDLC, 14.11%, 10/17/2026 (a)(r)	Lending Club		10/19/2023		4,500		4,389		4,487
204735065.SRDLC, 30.99%, 10/19/2026 (a)(r)	Lending Club		10/23/2023		2,000		1,930		1,988
204740773.SRDLC, 20.49%, 10/27/2026 (a)(r)	Lending Club		10/31/2023		16,000		15,440		15,440
204741177.SRDLC, 30.49%, 10/18/2028 (a)(r)	Lending Club		10/20/2023		5,000		4,825		4,959
204742054.SRDLC, 29.99%, 10/19/2026 (a)(r)	Lending Club		10/23/2023		3,000		2,895		2,982
204744165.SRDLC, 31.89%, 10/18/2027 (a)(r)	Lending Club		10/20/2023		7,000		6,756		6,942
204744381.SRDLC, 9.71%, 10/18/2025 (a)(r)	Lending Club		10/20/2023		10,000		9,754		9,982
204746318.SRDLC, 19.99%, 10/24/2026 (a)(r)	Lending Club		10/26/2023		6,000		5,791		5,984
204747277.SRDLC, 12.99%, 10/18/2026 (a)(r)	Lending Club		10/20/2023		29,775		29,037		29,715
204767760.SRDLC, 21.49%, 10/20/2025 (a)(r)	Lending Club		10/24/2023		8,300		8,012		8,271
204769673.SRDLC, 14.24%, 10/20/2028 (a)(r)	Lending Club		10/24/2023		18,000		17,551		17,968
204772978.SRDLC, 20.99%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		8,000		7,720		7,991

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

85

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
204773775.SRDLC, 23.49%, 10/20/2026 (a)(r)	Lending Club		10/24/2023	$	9,400	$	9,073	$	9,361
204774959.SRDLC, 24.99%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		3,000		2,895		2,989
204776470.SRDLC, 24.99%, 10/20/2026 (a)(r)	Lending Club		10/24/2023		1,400		1,351		1,394
204777811.SRDLC, 27.49%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		10,000		9,651		9,954
204780925.SRDLC, 29.49%, 10/23/2028 (a)(r)	Lending Club		10/25/2023		24,000		23,161		23,882
204783756.SRDLC, 11.44%, 10/23/2028 (a)(r)	Lending Club		10/25/2023		10,000		9,751		9,991
204784436.SRDLC, 30.99%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		5,000		4,826		4,976
204786280.SRDLC, 13.49%, 10/23/2027 (a)(r)	Lending Club		10/25/2023		5,000		4,875		4,994
204788438.SRDLC, 9.88%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		4,000		3,901		3,995
204789670.SRDLC, 14.64%, 10/20/2026 (a)(r)	Lending Club		10/24/2023		28,000		27,304		27,939
204790084.SRDLC, 19.99%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		1,200		1,158		1,196
204790332.SRDLC, 32.39%, 10/23/2028 (a)(r)	Lending Club		10/25/2023		5,000		4,825		4,975
204790872.SRDLC, 23.49%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		10,000		9,651		9,963
204791068.SRDLC, 10.99%, 10/27/2027 (a)(r)	Lending Club		10/31/2023		6,500		6,338		6,338
204793641.SRDLC, 10.19%, 10/23/2027 (a)(r)	Lending Club		10/25/2023		40,000		39,004		39,965
204795406.SRDLC, 12.49%, 10/20/2026 (a)(r)	Lending Club		10/24/2023		2,500		2,438		2,496
204798537.SRDLC, 25.99%, 10/24/2028 (a)(r)	Lending Club		10/26/2023		25,000		24,126		24,923
204799007.SRDLC, 14.73%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		3,500		3,413		3,494
204799620.SRDLC, 20.99%, 10/24/2026 (a)(r)	Lending Club		10/26/2023		11,400		11,002		11,369
204806331.SRDLC, 23.98%, 10/24/2027 (a)(r)	Lending Club		10/26/2023		12,900		12,450		12,862
204807121.SRDLC, 6.91%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		6,500		6,338		6,496
204817054.SRDLC, 28.99%, 10/27/2025 (a)(r)	Lending Club		10/31/2023		5,000		4,825		4,825
204819660.SRDLC, 30.99%, 10/25/2026 (a)(r)	Lending Club		10/27/2023		15,000		14,476		14,946
204820864.SRDLC, 25.49%, 10/25/2025 (a)(r)	Lending Club		10/27/2023		6,600		6,370		6,581
204821585.SRDLC, 14.24%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		12,000		11,701		11,979
204824956.SRDLC, 25.49%, 10/25/2027 (a)(r)	Lending Club		10/27/2023		25,000		24,127		24,935
204827026.SRDLC, 12.99%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		10,000		9,650		9,993
204827760.SRDLC, 21.49%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		3,900		3,764		3,895
204830054.SRDLC, 23.48%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		10,586		10,216		10,563
204833610.SRDLC, 18.99%, 10/23/2028 (a)(r)	Lending Club		10/25/2023		24,000		23,401		23,940
204836877.SRDLC, 20.99%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		2,000		1,930		1,998
204838693.SRDLC, 8.89%, 10/23/2026 (a)(r)	Lending Club		10/25/2023		15,000		14,627		14,988
204843005.SRDLC, 12.24%, 10/25/2027 (a)(r)	Lending Club		10/25/2023		25,000		24,377		24,970
204848035.SRDLC, 22.99%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		6,500		6,273		6,492
204852757.SRDLC, 10.49%, 10/24/2027 (a)(r)	Lending Club		10/26/2023		5,000		4,875		4,996
204852875.SRDLC, 23.99%, 10/27/2026 (a)(r)	Lending Club		10/31/2023		24,000		23,160		23,160
204854813.SRDLC, 9.74%, 10/24/2025 (a)(r)	Lending Club		10/26/2023		5,000		4,876		4,996
204855787.SRDLC, 22.49%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		25,000		24,126		24,968
204860917.SRDLC, 11.61%, 10/25/2026 (a)(r)	Lending Club		10/27/2023		14,000		13,651		13,986
204862412.SRDLC, 26.49%, 10/27/2028 (a)(r)	Lending Club		10/31/2023		25,000		24,125		24,125
204864290.SRDLC, 12.74%, 10/25/2028 (a)(r)	Lending Club		10/27/2023		25,000		24,376		24,974
204866018.SRDLC, 13.24%, 10/27/2026 (a)(r)	Lending Club		10/31/2023		3,500		3,413		3,413
204866197.SRDLC, 12.74%, 10/25/2026 (a)(r)	Lending Club		10/27/2023		4,000		3,900		3,996
204867254.SRDLC, 11.74%, 10/26/2028 (a)(r)	Lending Club		10/30/2023		40,000		39,001		39,974
204877206.SRDLC, 7.24%, 10/26/2026 (a)(r)	Lending Club		10/30/2023		15,000		14,626		14,994
204877501.SRDLC, 23.49%, 10/27/2026 (a)(r)	Lending Club		10/31/2023		1,400		1,351		1,351
204886117.SRDLC, 7.00%, 10/27/2026 (a)(r)	Lending Club		10/31/2023		40,000		39,001		39,001
CBM3902241.SRDUP, 20.11%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,471		1,463		1,454
CBM3902412.SRDUP, 25.25%, 08/04/2026 (a)(r)	Upstart		08/09/2023		5,184		5,158		5,105
CBM3908661.SRDUP, 23.08%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,910		4,885		4,816
CBM3908662.SRDUP, 19.68%, 08/02/2028 (a)(r)	Upstart		08/07/2023		968		963		957
CBM3909688.SRDUP, 19.38%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,900		4,875		4,864
CBM3909775.SRDUP, 26.99%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		2,977		2,962		1,453
CBM3909778.SRDUP, 30.21%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,084		1,078		1,063
CBM3909789.SRDUP, 22.24%, 08/02/2026 (a)(r)	Upstart		08/07/2023		960		955		945
CBM3909800.SRDUP, 28.26%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,581		2,568		2,554
CBM3909833.SRDUP, 18.53%, 08/02/2026 (a)(r)	Upstart		08/07/2023		9,578		9,532		9,446

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

86

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
CBM3909834.SRDUP, 22.43%, 08/02/2028 (a)(r)	Upstart		08/07/2023	$	3,814	$	3,795	$	3,745
CBM3909848.SRDUP, 25.30%, 08/02/2026 (a)(r)	Upstart		08/07/2023		5,287		5,262		5,156
CBM3909850.SRDUP, 28.57%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,265		2,253		2,221
CBM3909869.SRDUP, 28.92%, 08/02/2028 (a)(r)	Upstart		08/07/2023		985		980		966
CBM3909880.SRDUP, 25.58%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,256		2,245		2,217
CBM3909885.SRDUP, 16.50%, 08/02/2028 (a)(r)	Upstart		08/07/2023		21,522		21,416		21,367
CBM3909893.SRDUP, 26.83%, 08/02/2028 (a)(r)	Upstart		08/07/2023		5,214		5,203		5,114
CBM3909897.SRDUP, 28.34%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,327		1,321		1,297
CBM3909905.SRDUP, 21.51%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,434		3,417		3,394
CBM3909906.SRDUP, 27.02%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		6,848		6,813		3,350
CBM3909915.SRDUP, 24.13%, 08/02/2026 (a)(r)	Upstart		08/07/2023		4,807		4,798		4,701
CBM3909917.SRDUP, 25.68%, 08/02/2026 (a)(o)(r)	Upstart		08/07/2023		14,348		14,278		13,986
CBM3909924.SRDUP, 27.54%, 08/06/2026 (a)(r)	Upstart		08/07/2023		1,927		1,922		1,884
CBM3909964.SRDUP, 25.58%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,251		1,245		1,233
CBM3909977.SRDUP, 20.46%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,303		2,292		2,264
CBM3909998.SRDUP, 26.58%, 08/02/2028 (a)(r)	Upstart		08/07/2023		23,626		23,509		23,286
CBM3910004.SRDUP, 27.66%, 08/02/2028 (a)(r)	Upstart		08/07/2023		32,774		32,610		32,142
CBM3910010.SRDUP, 24.42%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,713		4,705		4,632
CBM3910024.SRDUP, 24.97%, 08/02/2028 (a)(r)	Upstart		08/07/2023		11,795		11,772		11,625
CBM3910035.SRDUP, 25.43%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,924		1,915		1,882
CBM3910037.SRDUP, 28.53%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,969		1,964		1,931
CBM3910045.SRDUP, 27.13%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		15,731		15,652		15,404
CBM3910047.SRDUP, 21.61%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,844		2,830		2,795
CBM3910063.SRDUP, 20.92%, 08/02/2026 (a)(r)	Upstart		08/07/2023		3,835		3,817		3,775
CBM3910064.SRDUP, 24.25%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,520		4,511		4,455
CBM3910080.SRDUP, 28.54%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,378		1,372		1,358
CBM3910083.SRDUP, 24.32%, 08/02/2028 (a)(r)	Upstart		08/07/2023		22,079		21,969		21,766
CBM3910090.SRDUP, 26.46%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,440		3,423		3,369
CBM3910097.SRDUP, 28.65%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,165		1,159		1,140
CBM3910113.SRDUP, 24.04%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,947		2,942		2,905
CBM3910118.SRDUP, 19.47%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,960		1,950		1,946
CBM3910123.SRDUP, 27.39%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,818		4,794		4,714
CBM3910141.SRDUP, 28.08%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,459		7,426		7,337
CBM3910143.SRDUP, 23.88%, 08/02/2026 (a)(r)	Upstart		08/07/2023		961		957		948
CBM3910144.SRDUP, 28.62%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,348		3,331		3,283
CBM3910152.SRDUP, 28.65%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,772		1,764		1,738
CBM3910154.SRDUP, 20.27%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,151		1,145		1,135
CBM3910155.SRDUP, 25.41%, 08/02/2026 (a)(r)	Upstart		08/07/2023		10,680		10,628		10,530
CBM3910159.SRDUP, 24.42%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,023		2,013		1,987
CBM3910160.SRDUP, 28.35%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,575		1,567		1,545
CBM3910165.SRDUP, 28.75%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,477		1,470		1,449
CBM3910186.SRDUP, 25.75%, 08/02/2026 (a)(o)(r)	Upstart		08/07/2023		2,404		2,399		2,344
CBM3910209.SRDUP, 24.19%, 08/02/2028 (a)(r)	Upstart		08/07/2023		12,273		12,212		12,101
CBM3910216.SRDUP, 17.56%, 08/02/2028 (a)(r)	Upstart		08/07/2023		48,901		48,660		48,473
CBM3910222.SRDUP, 17.38%, 08/02/2026 (a)(r)	Upstart		08/07/2023		9,571		9,525		9,488
CBM3910253.SRDUP, 24.38%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,948		2,933		2,905
CBM3910258.SRDUP, 26.04%, 08/02/2028 (a)(r)	Upstart		08/07/2023		19,281		19,185		18,866
CBM3910262.SRDUP, 26.17%, 08/02/2028 (a)(r)	Upstart		08/07/2023		14,829		14,756		14,658
CBM3910267.SRDUP, 21.45%, 08/02/2028 (a)(r)	Upstart		08/07/2023		39,015		38,820		38,472
CBM3910275.SRDUP, 29.41%, 08/02/2028 (a)(r)	Upstart		08/07/2023		9,900		9,851		9,758
CBM3910281.SRDUP, 21.26%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		21,164		21,059		20,801
CBM3910287.SRDUP, 19.12%, 08/02/2026 (a)(o)(r)	Upstart		08/07/2023		4,221		4,200		4,152
CBM3910308.SRDUP, 24.05%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,769		1,760		1,743
CBM3910333.SRDUP, 19.30%, 08/02/2026 (a)(r)	Upstart		08/07/2023		11,613		11,557		11,424
CBM3910374.SRDUP, 28.85%, 08/02/2028 (a)(r)	Upstart		08/07/2023		13,491		13,424		13,230
CBM3910438.SRDUP, 22.29%, 08/02/2028 (a)(r)	Upstart		08/07/2023		49,356		49,114		48,660
CBM3910645.SRDUP, 20.35%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,151		1,145		1,135

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

87

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
CBM3910696.SRDUP, 15.86%, 08/02/2026 (a)(r)	Upstart		08/07/2023	$	5,736	$	5,709	$	5,687
CBM3910741.SRDUP, 28.68%, 08/02/2028 (a)(r)	Upstart		08/07/2023		985		980		966
CBM3910777.SRDUP, 28.96%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,432		4,409		4,346
CBM3910827.SRDUP, 28.81%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		3,400		3,383		1,668
CBM3910886.SRDUP, 21.62%, 08/02/2028 (a)(r)	Upstart		08/07/2023		16,429		16,347		16,140
CBM3910906.SRDUP, 23.87%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,438		3,421		3,389
CBM3910941.SRDUP, 28.08%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,445		3,428		3,379
CBM3910994.SRDUP, 28.82%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,379		1,372		1,352
CBM3911140.SRDUP, 27.32%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,082		1,077		1,062
CBM3911183.SRDUP, 26.29%, 08/02/2028 (a)(r)	Upstart		08/07/2023		28,818		28,674		28,402
CBM3911219.SRDUP, 23.85%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,211		2,200		2,162
CBM3911269.SRDUP, 13.04%, 08/02/2028 (a)(r)	Upstart		08/07/2023		48,806		48,567		48,603
CBM3911341.SRDUP, 26.92%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,747		1,738		1,710
CBM3911359.SRDUP, 17.26%, 08/02/2028 (a)(r)	Upstart		08/07/2023		21,532		21,426		21,377
CBM3911374.SRDUP, 16.80%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,296		2,285		2,276
CBM3911397.SRDUP, 28.17%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,448		1,441		1,417
CBM3911399.SRDUP, 19.04%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,409		4,387		4,358
CBM3911429.SRDUP, 27.65%, 08/02/2028 (a)(r)	Upstart		08/07/2023		801		797		780
CBM3911444.SRDUP, 25.62%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,887		2,873		2,823
CBM3911489.SRDUP, 25.68%, 08/03/2026 (a)(r)	Upstart		08/08/2023		5,293		5,267		5,220
CBM3911508.SRDUP, 25.51%, 08/03/2028 (a)(r)	Upstart		08/08/2023		16,788		16,704		16,449
CBM3911530.SRDUP, 23.26%, 08/03/2026 (a)(r)	Upstart		08/08/2023		4,804		4,781		4,739
CBM3911536.SRDUP, 28.83%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,576		1,572		1,546
CBM3911545.SRDUP, 18.21%, 08/03/2028 (a)(r)	Upstart		08/08/2023		48,963		48,722		48,619
CBM3911574.SRDUP, 20.09%, 08/03/2028 (a)(r)	Upstart		08/08/2023		19,069		18,975		18,898
CBM3911584.SRDUP, 28.38%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,966		1,956		1,932
CBM3911670.SRDUP, 22.35%, 08/03/2026 (a)(r)	Upstart		08/08/2023		2,240		2,230		2,202
CBM3911678.SRDUP, 26.88%, 08/03/2028 (a)(r)	Upstart		08/08/2023		14,757		14,684		14,481
CBM3911719.SRDUP, 14.11%, 08/03/2026 (a)(r)	Upstart		08/08/2023		4,277		4,256		4,253
CBM3911722.SRDUP, 18.11%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,938		2,924		2,917
CBM3911728.SRDUP, 25.65%, 08/03/2026 (a)(r)	Upstart		08/08/2023		6,062		6,033		5,932
CBM3911737.SRDUP, 24.95%, 08/03/2028 (a)(r)	Upstart		08/08/2023		19,041		18,946		18,718
CBM3911740.SRDUP, 24.49%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,178		1,172		1,154
CBM3911759.SRDUP, 20.32%, 08/03/2028 (a)(r)	Upstart		08/08/2023		29,414		29,268		29,082
CBM3911766.SRDUP, 27.45%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,188		1,182		1,167
CBM3911810.SRDUP, 26.08%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,065		2,055		2,027
CBM3911849.SRDUP, 28.42%, 08/03/2028 (a)(r)	Upstart		08/08/2023		4,718		4,695		4,622
CBM3911864.SRDUP, 23.32%, 08/03/2028 (a)(r)	Upstart		08/08/2023		15,909		15,830		15,687
CBM3911873.SRDUP, 27.00%, 08/03/2028 (a)(r)	Upstart		08/08/2023		4,526		4,503		4,462
CBM3911892.SRDUP, 20.57%, 08/03/2028 (a)(r)	Upstart		08/08/2023		5,895		5,866		5,829
CBM3911895.SRDUP, 28.58%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,560		2,547		2,512
CBM3911896.SRDUP, 28.32%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,477		1,470		1,449
CBM3911897.SRDUP, 13.99%, 08/03/2026 (a)(r)	Upstart		08/08/2023		3,279		3,278		3,255
CBM3911971.SRDUP, 15.61%, 08/03/2028 (a)(r)	Upstart		08/08/2023		13,676		13,609		13,606
CBM3912134.SRDUP, 29.66%, 08/03/2028 (a)(r)	Upstart		08/08/2023		8,373		8,332		8,216
CBM3912172.SRDUP, 14.10%, 08/03/2028 (a)(r)	Upstart		08/08/2023		10,556		10,503		10,458
CBM3912220.SRDUP, 27.72%, 08/03/2028 (a)(r)	Upstart		08/08/2023		984		979		966
CBM3912491.SRDUP, 28.71%, 08/03/2028 (a)(r)	Upstart		08/08/2023		7,877		7,838		7,730
CBM3912534.SRDUP, 28.88%, 08/03/2028 (a)(r)	Upstart		08/08/2023		985		980		966
CBM3913126.SRDUP, 22.47%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,816		9,768		9,683
CBM3913145.SRDUP, 13.52%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,646		14,575		14,588
CBM3913151.SRDUP, 25.59%, 08/04/2026 (a)(r)	Upstart		08/09/2023		2,983		2,968		2,921
CBM3913152.SRDUP, 28.59%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,602		4,580		4,510
CBM3913162.SRDUP, 20.76%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,711		14,638		14,609
CBM3913182.SRDUP, 28.35%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		1,500		1,492		736
CBM3913205.SRDUP, 27.15%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,840		9,790		9,704
CBM3913206.SRDUP, 23.96%, 08/04/2026 (a)(r)	Upstart		08/09/2023		1,730		1,722		1,707

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

88

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
CBM3913207.SRDUP, 24.08%, 08/04/2028 (a)(r)	Upstart		08/09/2023	$	6,779	$	6,745	$	6,686
CBM3913224.SRDUP, 25.53%, 08/04/2026 (a)(o)(r)	Upstart		08/09/2023		4,790		4,767		4,675
CBM3913228.SRDUP, 28.70%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,673		1,664		1,640
CBM3913262.SRDUP, 20.06%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,705		14,632		14,543
CBM3913263.SRDUP, 29.66%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,926		4,901		4,836
CBM3913286.SRDUP, 21.72%, 08/04/2028 (a)(r)	Upstart		08/09/2023		49,297		49,054		48,760
CBM3913301.SRDUP, 28.56%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,772		1,763		1,740
CBM3913302.SRDUP, 25.23%, 08/04/2026 (a)(r)	Upstart		08/09/2023		10,101		10,052		9,891
CBM3913355.SRDUP, 27.81%, 08/04/2028 (a)(r)	Upstart		08/09/2023		3,150		3,134		3,092
CBM3913378.SRDUP, 17.16%, 08/04/2028 (a)(r)	Upstart		08/09/2023		8,319		8,278		8,262
CBM3913379.SRDUP, 24.34%, 08/04/2028 (a)(r)	Upstart		08/09/2023		19,313		19,217		18,918
CBM3913383.SRDUP, 25.87%, 08/04/2028 (a)(r)	Upstart		08/09/2023		6,785		6,751		6,662
CBM3913406.SRDUP, 23.37%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,881		2,866		2,832
CBM3913412.SRDUP, 14.09%, 08/04/2028 (a)(r)	Upstart		08/09/2023		17,387		17,302		17,269
CBM3913421.SRDUP, 14.52%, 08/04/2026 (a)(r)	Upstart		08/09/2023		1,433		1,426		1,424
CBM3913427.SRDUP, 29.19%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,182		1,176		1,160
CBM3913442.SRDUP, 21.63%, 08/04/2026 (a)(r)	Upstart		08/09/2023		6,503		6,472		6,401
CBM3913451.SRDUP, 22.49%, 08/04/2028 (a)(r)	Upstart		08/09/2023		22,381		22,270		22,077
CBM3913457.SRDUP, 28.28%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,866		1,857		1,829
CBM3913461.SRDUP, 26.76%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,919		4,894		4,830
CBM3913475.SRDUP, 20.52%, 08/04/2028 (a)(r)	Upstart		08/09/2023		19,611		19,514		19,395
CBM3913499.SRDUP, 28.31%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,461		2,449		2,416
CBM3913500.SRDUP, 27.57%, 08/04/2028 (a)(r)	Upstart		08/09/2023		3,824		3,805		3,757
CBM3913502.SRDUP, 25.31%, 08/04/2026 (a)(r)	Upstart		08/09/2023		1,347		1,340		1,319
CBM3913519.SRDUP, 23.32%, 08/04/2028 (a)(r)	Upstart		08/09/2023		27,989		27,850		27,607
CBM3913524.SRDUP, 18.50%, 08/04/2028 (a)(r)	Upstart		08/09/2023		33,399		33,364		33,033
CBM3913555.SRDUP, 28.83%, 08/04/2028 (a)(r)	Upstart		08/09/2023		7,681		7,643		7,575
CBM3913556.SRDUP, 20.57%, 08/04/2028 (a)(r)	Upstart		08/09/2023		5,766		5,737		5,687
CBM3913565.SRDUP, 23.32%, 08/04/2026 (a)(r)	Upstart		08/09/2023		9,801		9,753		9,671
CBM3913576.SRDUP, 19.59%, 08/04/2026 (a)(o)(r)	Upstart		08/09/2023		2,449		2,437		361
CBM3913585.SRDUP, 28.22%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		1,092		1,086		537
CBM3913586.SRDUP, 14.72%, 08/04/2028 (a)(r)	Upstart		08/09/2023		10,749		10,696		10,676
CBM3913602.SRDUP, 24.34%, 08/04/2026 (a)(r)	Upstart		08/09/2023		4,807		4,784		4,744
CBM3913790.SRDUP, 28.84%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,977		1,973		1,934
CBM3913801.SRDUP, 28.76%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,041		4,021		3,968
CBM3914003.SRDUP, 23.25%, 08/04/2026 (a)(r)	Upstart		08/09/2023		4,255		4,235		4,188
CBM3914008.SRDUP, 28.71%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,259		2,248		2,214
CBM3914107.SRDUP, 28.47%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,852		9,802		9,743
CBM3914117.SRDUP, 28.24%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		2,300		2,288		652
CBM3914140.SRDUP, 20.37%, 08/04/2026 (a)(r)	Upstart		08/09/2023		7,672		7,635		7,571
CBM3914356.SRDUP, 28.48%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,649		9,601		9,473
CBM3914443.SRDUP, 26.56%, 08/04/2028 (a)(r)	Upstart		08/09/2023		47,549		47,337		46,828
CBM3914495.SRDUP, 28.39%, 08/04/2028 (a)(r)	Upstart		08/09/2023		32,785		32,621		32,188
CBM3914593.SRDUP, 23.95%, 08/04/2028 (a)(r)	Upstart		08/09/2023		49,119		48,875		48,449
CBM3954098.SRDUP, 28.69%, 09/01/2026 (a)(r)	Upstart		09/07/2023		5,640		5,613		5,508
CBM3954110.SRDUP, 28.08%, 09/01/2028 (a)(r)	Upstart		09/07/2023		14,234		14,163		14,019
CBM3954143.SRDUP, 28.58%, 09/01/2028 (a)(r)	Upstart		09/07/2023		5,600		5,582		5,506
CBM3954153.SRDUP, 25.94%, 09/01/2026 (a)(r)	Upstart		09/07/2023		2,127		2,116		2,080
CBM3954196.SRDUP, 27.53%, 09/01/2028 (a)(r)	Upstart		09/07/2023		19,566		19,468		19,170
CBM3954198.SRDUP, 29.94%, 09/01/2028 (a)(r)	Upstart		09/07/2023		13,694		13,625		13,424
CBM3954199.SRDUP, 29.96%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,092		1,086		1,070
CBM3954201.SRDUP, 23.42%, 09/01/2028 (a)(r)	Upstart		09/07/2023		22,095		22,043		21,671
CBM3954214.SRDUP, 28.76%, 09/01/2028 (a)(r)	Upstart		09/07/2023		2,282		2,270		2,237
CBM3954246.SRDUP, 29.35%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,465		1,458		1,453
CBM3954283.SRDUP, 28.28%, 09/01/2028 (a)(r)	Upstart		09/07/2023		37,198		37,012		36,471
CBM3954304.SRDUP, 30.51%, 09/01/2028 (a)(o)(r)	Upstart		09/07/2023		1,280		1,274		1,254
CBM3954311.SRDUP, 29.07%, 09/01/2026 (a)(r)	Upstart		09/07/2023		9,329		9,282		9,121

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

89

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
CBM3954330.SRDUP, 27.11%, 09/01/2028 (a)(r)	Upstart		09/07/2023	$	1,469	$	1,462	$	1,440
CBM3954333.SRDUP, 30.59%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,471		1,464		1,442
CBM3954341.SRDUP, 30.91%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,886		1,876		1,849
CBM3954356.SRDUP, 26.92%, 09/01/2028 (a)(r)	Upstart		09/07/2023		45,120		44,894		44,452
CBM3954359.SRDUP, 24.68%, 09/01/2028 (a)(r)	Upstart		09/07/2023		42,816		42,602		41,991
CBM3954363.SRDUP, 22.47%, 09/01/2028 (a)(r)	Upstart		09/07/2023		48,736		48,493		48,146
CBM3954393.SRDUP, 28.90%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,190		1,185		1,167
CBM3954399.SRDUP, 30.96%, 09/01/2028 (a)(r)	Upstart		09/07/2023		3,077		3,061		3,016
CBM3954441.SRDUP, 28.88%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,190		1,185		1,167
CBM3954449.SRDUP, 22.36%, 09/01/2028 (a)(r)	Upstart		09/07/2023		19,811		19,712		19,523
CBM3954473.SRDUP, 29.98%, 09/01/2028 (a)(r)	Upstart		09/07/2023		6,549		6,516		6,420
CBM3954476.SRDUP, 30.17%, 09/01/2028 (a)(r)	Upstart		09/07/2023		992		987		973
CBM3954490.SRDUP, 21.67%, 09/01/2028 (a)(r)	Upstart		09/07/2023		108		108		108
CBM3954499.SRDUP, 27.69%, 09/01/2028 (a)(r)	Upstart		09/07/2023		29,754		29,606		29,174
CBM3954502.SRDUP, 18.14%, 09/01/2028 (a)(r)	Upstart		09/07/2023		15,237		15,162		15,059
CBM3954535.SRDUP, 28.51%, 09/01/2028 (a)(r)	Upstart		09/07/2023		27,379		27,242		27,046
CBM3954561.SRDUP, 21.09%, 09/01/2028 (a)(r)	Upstart		09/07/2023		12,051		11,991		11,875
CBM3954563.SRDUP, 24.89%, 09/01/2028 (a)(r)	Upstart		09/07/2023		5,650		5,621		5,582
CBM3955649.SRDUP, 29.81%, 09/01/2028 (a)(r)	Upstart		09/07/2023		9,724		9,676		9,533
CBM3955684.SRDUP, 22.45%, 09/05/2028 (a)(r)	Upstart		09/08/2023		12,878		12,873		12,708
CBM3955713.SRDUP, 28.88%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,579		2,566		2,535
CBM3955730.SRDUP, 27.62%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,686		1,678		1,657
CBM3955779.SRDUP, 16.17%, 09/05/2028 (a)(r)	Upstart		09/08/2023		13,344		13,278		13,253
CBM3955791.SRDUP, 11.88%, 09/05/2028 (a)(r)	Upstart		09/08/2023		9,876		9,827		9,837
CBM3955802.SRDUP, 13.42%, 09/05/2028 (a)(r)	Upstart		09/08/2023		4,545		4,547		4,515
CBM3955806.SRDUP, 30.65%, 09/05/2028 (a)(r)	Upstart		09/08/2023		3,187		3,171		3,127
CBM3955807.SRDUP, 21.50%, 09/05/2028 (a)(r)	Upstart		09/08/2023		3,848		3,829		3,805
CBM3955808.SRDUP, 28.09%, 09/05/2028 (a)(r)	Upstart		09/08/2023		16,526		16,444		16,237
CBM3955814.SRDUP, 28.82%, 09/05/2028 (a)(r)	Upstart		09/08/2023		992		987		975
CBM3955815.SRDUP, 20.74%, 09/05/2028 (a)(r)	Upstart		09/08/2023		22,575		22,463		22,280
CBM3955817.SRDUP, 28.81%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,282		2,280		2,242
CBM3955829.SRDUP, 27.42%, 09/05/2028 (a)(o)(r)	Upstart		09/08/2023		9,865		9,816		9,693
CBM3955833.SRDUP, 26.63%, 09/05/2028 (a)(r)	Upstart		09/08/2023		7,734		7,696		7,601
CBM3955854.SRDUP, 31.09%, 09/05/2028 (a)(r)	Upstart		09/08/2023		8,039		7,999		7,899
CBM3955904.SRDUP, 19.84%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,285		11,229		11,165
CBM3956685.SRDUP, 19.38%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,276		2,265		2,252
CBM3956905.SRDUP, 22.84%, 09/05/2026 (a)(r)	Upstart		09/08/2023		10,089		10,040		9,963
CBM3957261.SRDUP, 28.86%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,480		2,468		2,437
CBM3957775.SRDUP, 27.97%, 09/05/2026 (a)(r)	Upstart		09/08/2023		4,897		4,872		4,799
CBM3958274.SRDUP, 23.89%, 09/05/2028 (a)(r)	Upstart		09/08/2023		22,745		22,632		22,443
CBM3958361.SRDUP, 26.50%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,162		1,156		1,140
CBM3958576.SRDUP, 24.17%, 09/05/2026 (a)(r)	Upstart		09/08/2023		7,844		7,806		7,690
CBM3959096.SRDUP, 28.85%, 09/05/2028 (a)(r)	Upstart		09/08/2023		5,258		5,232		5,167
CBM3959168.SRDUP, 24.20%, 09/05/2026 (a)(r)	Upstart		09/08/2023		16,081		16,003		15,880
CBM3960184.SRDUP, 25.03%, 09/05/2028 (a)(r)	Upstart		09/08/2023		16,938		16,853		16,647
CBM3960264.SRDUP, 29.92%, 09/10/2028 (a)(r)	Upstart		09/08/2023		9,129		9,083		8,970
CBM3960778.SRDUP, 29.13%, 09/06/2028 (a)(r)	Upstart		09/11/2023		11,310		11,254		11,161
CBM3960937.SRDUP, 29.43%, 09/06/2028 (a)(r)	Upstart		09/11/2023		1,091		1,086		1,073
CBM3961142.SRDUP, 27.28%, 09/06/2026 (a)(r)	Upstart		09/11/2023		1,240		1,234		1,216
CBM3961210.SRDUP, 12.28%, 09/06/2026 (a)(r)	Upstart		09/11/2023		9,767		9,720		9,714
CBM4006968.SRDUP, 29.06%, 10/06/2028 (a)(r)	Upstart		10/12/2023		12,900		12,835		12,718
CBM4007246.SRDUP, 26.21%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,500		1,498		1,478
CBM4007944.SRDUP, 28.65%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,100		1,094		1,085
CBM4007958.SRDUP, 28.82%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,600		1,592		1,577
CBM4007961.SRDUP, 29.06%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,500		1,492		1,479
CBM4007968.SRDUP, 18.55%, 10/06/2028 (a)(r)	Upstart		10/12/2023		17,200		17,114		17,124
CBM4007969.SRDUP, 24.51%, 10/06/2028 (a)(r)	Upstart		10/12/2023		8,360		8,319		8,239

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

90

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
CBM4007984.SRDUP, 27.98%, 10/06/2028 (a)(r)	Upstart		10/12/2023	$	6,000	$	5,970	$	5,916
CBM4007995.SRDUP, 27.57%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,417		5,390		5,338
CBM4008015.SRDUP, 26.26%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,500		1,498		1,478
CBM4008018.SRDUP, 25.83%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,447		1,440		1,433
CBM4008025.SRDUP, 26.38%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,000		1,990		1,972
CBM4008026.SRDUP, 29.98%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,600		2,596		2,563
CBM4008087.SRDUP, 18.12%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,500		2,487		2,489
CBM4008124.SRDUP, 25.87%, 10/06/2026 (a)(r)	Upstart		10/12/2023		4,900		4,875		4,828
CBM4008130.SRDUP, 27.12%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,000		9,950		9,860
CBM4008140.SRDUP, 27.00%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,700		5,671		5,620
CBM4008144.SRDUP, 28.33%, 10/06/2028 (a)(r)	Upstart		10/12/2023		8,000		7,960		7,888
CBM4008158.SRDUP, 29.17%, 10/06/2028 (a)(r)	Upstart		10/12/2023		34,200		34,029		33,944
CBM4008182.SRDUP, 29.04%, 10/06/2028 (a)(r)	Upstart		10/12/2023		7,500		7,462		7,394
CBM4008187.SRDUP, 21.13%, 10/06/2028 (a)(r)	Upstart		10/12/2023		9,100		9,054		9,019
CBM4008196.SRDUP, 16.91%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,900		2,885		2,887
CBM4008200.SRDUP, 24.30%, 10/06/2028 (a)(r)	Upstart		10/12/2023		32,000		31,840		31,765
CBM4008214.SRDUP, 22.59%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,570		5,543		5,518
CBM4008219.SRDUP, 29.47%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,300		4,278		4,239
CBM4008220.SRDUP, 26.27%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,700		5,671		5,620
CBM4008222.SRDUP, 29.74%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,800		6,766		6,738
CBM4008227.SRDUP, 19.33%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,700		1,691		1,685
CBM4008239.SRDUP, 29.18%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,500		5,472		5,422
CBM4008248.SRDUP, 18.46%, 10/06/2028 (a)(r)	Upstart		10/12/2023		16,700		16,616		16,627
CBM4008251.SRDUP, 16.42%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,000		5,970		5,974
CBM4008253.SRDUP, 19.07%, 10/06/2028 (a)(r)	Upstart		10/12/2023		15,000		14,925		14,892
CBM4008265.SRDUP, 24.59%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,300		2,288		2,279
CBM4008268.SRDUP, 28.50%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,300		3,283		3,254
CBM4008282.SRDUP, 29.01%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,000		1,990		1,972
CBM4008287.SRDUP, 25.53%, 10/06/2026 (a)(r)	Upstart		10/12/2023		4,000		3,994		3,942
CBM4008303.SRDUP, 28.91%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,400		1,393		1,380
CBM4008304.SRDUP, 20.39%, 10/06/2028 (a)(r)	Upstart		10/12/2023		22,000		21,890		21,841
CBM4008333.SRDUP, 29.07%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,800		1,791		1,787
CBM4008334.SRDUP, 29.10%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,100		2,089		2,070
CBM4008343.SRDUP, 26.00%, 10/06/2028 (a)(r)	Upstart		10/12/2023		50,000		49,750		49,302
CBM4008353.SRDUP, 17.55%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,500		1,498		1,493
CBM4008367.SRDUP, 29.10%, 10/06/2028 (a)(r)	Upstart		10/12/2023		8,600		8,557		8,479
CBM4008371.SRDUP, 28.26%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,800		4,776		4,733
CBM4008523.SRDUP, 29.86%, 10/06/2028 (a)(r)	Upstart		10/12/2023		17,100		17,014		16,859
CBM4008680.SRDUP, 24.55%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,000		995		991
CBM4008741.SRDUP, 17.52%, 10/06/2028 (a)(r)	Upstart		10/12/2023		7,000		6,965		6,969
CBM4008874.SRDUP, 27.56%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,300		4,278		4,240
CBM4008890.SRDUP, 29.05%, 10/06/2028 (a)(r)	Upstart		10/12/2023		14,000		13,930		13,803
CBM4008943.SRDUP, 25.41%, 10/06/2026 (a)(r)	Upstart		10/12/2023		2,200		2,189		2,180
CBM4009102.SRDUP, 28.64%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,300		4,278		4,239
CBM4009136.SRDUP, 17.51%, 10/06/2028 (a)(r)	Upstart		10/12/2023		25,000		24,875		24,891
CBM4009147.SRDUP, 28.99%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,000		2,985		2,958
CBM4009149.SRDUP, 26.65%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,500		5,472		5,423
CBM4009182.SRDUP, 29.08%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,700		2,686		2,662
CBM4009475.SRDUP, 27.73%, 10/06/2028 (a)(r)	Upstart		10/12/2023		8,900		8,855		8,775
CBM4009504.SRDUP, 19.69%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,900		3,880		3,883
CBM4009650.SRDUP, 20.78%, 10/06/2026 (a)(r)	Upstart		10/12/2023		8,500		8,457		8,425
CBM4009672.SRDUP, 29.16%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,600		3,582		3,544
CBM4009728.SRDUP, 29.07%, 10/06/2028 (a)(r)	Upstart		10/12/2023		24,000		23,880		23,780
CBM4009969.SRDUP, 29.14%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,100		5,074		5,039
CBM4010098.SRDUP, 29.91%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,293		1,284
CBM4010321.SRDUP, 30.04%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,300		3,283		3,261
CBM4010323.SRDUP, 17.86%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,400		3,383		3,379

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

91

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
CBM4010328.SRDUP, 18.40%, 10/10/2028 (a)(r)	Upstart		10/13/2023	$	5,700	$	5,671	$	5,679
CBM4010386.SRDUP, 24.75%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,965
CBM4010388.SRDUP, 19.70%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,200		1,194		1,194
CBM4010393.SRDUP, 26.09%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,900		2,885		2,866
CBM4011013.SRDUP, 30.00%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,500		4,477		4,446
CBM4011033.SRDUP, 15.46%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,500		2,487		2,491
CBM4011054.SRDUP, 29.15%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,000		5,970		5,929
CBM4011066.SRDUP, 23.51%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,000		4,975		4,969
CBM4011075.SRDUP, 29.17%, 10/10/2028 (a)(r)	Upstart		10/13/2023		16,100		16,076		15,909
CBM4011086.SRDUP, 29.98%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,293		1,284
CBM4011116.SRDUP, 12.01%, 10/10/2026 (a)(r)	Upstart		10/13/2023		2,400		2,388		2,393
CBM4011128.SRDUP, 27.68%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,964
CBM4011195.SRDUP, 28.74%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,000		995		988
CBM4011217.SRDUP, 27.44%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,000		995		988
CBM4011224.SRDUP, 29.16%, 10/10/2028 (a)(r)	Upstart		10/13/2023		8,000		7,960		7,905
CBM4011255.SRDUP, 25.19%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,700		1,691		1,687
CBM4011432.SRDUP, 26.84%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,000		1,990		1,976
CBM4011437.SRDUP, 28.67%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,300		2,288		2,282
CBM4011440.SRDUP, 28.97%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,600		1,592		1,581
CBM4011451.SRDUP, 30.37%, 10/10/2028 (a)(r)	Upstart		10/13/2023		41,400		41,193		41,078
CBM4011611.SRDUP, 28.84%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,293		1,285
CBM4011616.SRDUP, 28.88%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,000		3,980		3,969
CBM4011971.SRDUP, 21.05%, 10/10/2028 (a)(r)	Upstart		10/13/2023		27,700		27,561		27,530
CBM4011977.SRDUP, 14.32%, 10/10/2028 (a)(r)	Upstart		10/13/2023		16,570		16,487		16,507
CBM4012018.SRDUP, 27.69%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,000		3,980		3,953
CBM4012040.SRDUP, 29.00%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,000		5,970		5,929
CBM4012047.SRDUP, 19.26%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,000		3,980		3,985
CBM4012065.SRDUP, 14.71%, 10/10/2028 (a)(r)	Upstart		10/13/2023		7,500		7,462		7,484
CBM4012082.SRDUP, 30.35%, 10/10/2028 (a)(r)	Upstart		10/13/2023		17,000		16,915		16,868
CBM4012111.SRDUP, 29.09%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,800		4,793		4,743
CBM4012124.SRDUP, 28.19%, 10/10/2028 (a)(r)	Upstart		10/13/2023		27,800		27,661		27,470
CBM4012132.SRDUP, 29.14%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,100		1,094		1,087
CBM4012417.SRDUP, 29.96%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,200		6,169		6,126
CBM4012490.SRDUP, 27.05%, 10/10/2028 (a)(r)	Upstart		10/13/2023		27,000		26,865		26,681
CBM4012523.SRDUP, 30.32%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,100		2,089		2,075
CBM4012533.SRDUP, 23.95%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,860		4,835		4,797
CBM4012541.SRDUP, 14.96%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,200		1,194		1,194
CBM4012547.SRDUP, 16.28%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,500		3,495		3,487
CBM4012560.SRDUP, 30.03%, 10/10/2028 (a)(r)	Upstart		10/13/2023		16,700		16,616		16,570
CBM4012576.SRDUP, 29.16%, 10/10/2028 (a)(r)	Upstart		10/13/2023		12,200		12,182		12,055
CBM4012592.SRDUP, 21.97%, 10/10/2028 (a)(r)	Upstart		10/13/2023		20,000		19,900		19,849
CBM4013230.SRDUP, 28.43%, 10/10/2028 (a)(r)	Upstart		10/13/2023		7,500		7,462		7,411
CBM4013591.SRDUP, 25.00%, 10/10/2028 (a)(r)	Upstart		10/13/2023		24,000		23,880		23,718
CBM4013922.SRDUP, 29.03%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,000		5,970		5,929
CBM4013970.SRDUP, 28.96%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,000		995		988
CBM4014118.SRDUP, 25.79%, 10/10/2028 (a)(r)	Upstart		10/13/2023		8,000		7,960		7,906
CBM4014126.SRDUP, 21.53%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,200		4,179		4,168
CBM4014422.SRDUP, 29.08%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,400		1,393		1,383
CBM4014926.SRDUP, 27.29%, 10/10/2028 (a)(r)	Upstart		10/13/2023		13,600		13,532		13,439
CBM4014939.SRDUP, 20.66%, 10/10/2028 (a)(r)	Upstart		10/13/2023		8,000		7,960		7,940
CBM4015642.SRDUP, 29.17%, 10/11/2028 (a)(r)	Upstart		10/16/2023		10,400		10,348		10,282
FW3284922.SRDUP, 15.01%, 05/20/2028 (a)(r)	Upstart		07/25/2022		1,889		1,889		1,877
FW3286495.SRDUP, 27.50%, 12/25/2025 (a)(o)(r)	Upstart		07/28/2022		4,403		4,403		4,375
FW3288044.SRDUP, 29.68%, 07/20/2027 (a)(r)	Upstart		07/25/2022		19,450		19,450		19,340
FW3289708.SRDUP, 28.36%, 07/20/2027 (a)(r)	Upstart		07/25/2022		23,643		23,643		23,609
FW3290212.SRDUP, 25.48%, 12/19/2025 (a)(r)	Upstart		07/22/2022		3,967		3,967		3,930
FW3290213.SRDUP, 20.68%, 07/18/2027 (a)(r)	Upstart		07/21/2022		12,557		12,557		12,485

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

92

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3290339.SRDUP, 27.76%, 07/18/2027 (a)(o)(r)	Upstart		07/21/2022	$	3,433	$	3,433	$	264
FW3290686.SRDUP, 16.05%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		7,475		7,475		1,100
FW3290870.SRDUP, 21.98%, 12/19/2027 (a)(o)(r)	Upstart		07/22/2022		3,508		3,508		3,495
FW3290902.SRDUP, 11.70%, 07/18/2025 (a)(o)(r)	Upstart		07/21/2022		3,925		3,925		3,718
FW3291024.SRDUP, 28.81%, 07/18/2027 (a)(r)	Upstart		07/21/2022		1,298		1,298		1,306
FW3291081.SRDUP, 30.05%, 01/01/2028 (a)(o)(r)	Upstart		07/22/2022		7,544		7,544		7,543
FW3291237.SRDUP, 11.78%, 12/28/2027 (a)(o)(r)	Upstart		07/22/2022		22,763		22,763		22,665
FW3291332.SRDUP, 25.05%, 07/19/2027 (a)(r)	Upstart		07/22/2022		2,388		2,388		2,384
FW3291414.SRDUP, 30.06%, 12/18/2027 (a)(o)(r)	Upstart		07/21/2022		13,120		13,120		13,231
FW3291416.SRDUP, 29.91%, 07/18/2027 (a)(o)(r)	Upstart		07/21/2022		1,067		1,067		326
FW3291585.SRDUP, 26.59%, 07/19/2025 (a)(o)(r)	Upstart		07/22/2022		3,746		3,746		3,749
FW3291622.SRDUP, 29.25%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,734		1,734		1,745
FW3291637.SRDUP, 26.46%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		4,138		4,138		609
FW3291650.SRDUP, 21.68%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		2,277		2,277		447
FW3291688.SRDUP, 14.61%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		9,627		9,627		9,583
FW3291758.SRDUP, 24.98%, 12/19/2027 (a)(o)(r)	Upstart		07/22/2022		9,585		9,585		9,658
FW3291766.SRDUP, 16.88%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		44,248		44,402		6,513
FW3291798.SRDUP, 22.35%, 07/19/2025 (a)(r)	Upstart		07/22/2022		3,710		3,710		3,713
FW3291834.SRDUP, 20.73%, 12/19/2025 (a)(o)(r)	Upstart		07/22/2022		828		828		780
FW3291889.SRDUP, 29.92%, 07/19/2027 (a)(r)	Upstart		07/22/2022		2,362		2,362		2,378
FW3291899.SRDUP, 29.26%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		1,345		1,345		269
FW3291964.SRDUP, 12.80%, 07/19/2027 (a)(r)	Upstart		07/22/2022		7,258		7,258		7,228
FW3292015.SRDUP, 26.59%, 07/19/2027 (a)(r)	Upstart		07/22/2022		7,658		7,658		7,731
FW3292022.SRDUP, 29.70%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,476		1,476		1,485
FW3292062.SRDUP, 23.70%, 07/19/2027 (a)(r)	Upstart		07/22/2022		8,480		8,480		8,469
FW3292064.SRDUP, 29.51%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,294		1,294		1,306
FW3292078.SRDUP, 30.05%, 07/19/2027 (a)(r)	Upstart		07/22/2022		2,347		2,347		2,340
FW3292131.SRDUP, 14.01%, 07/19/2027 (a)(r)	Upstart		07/22/2022		4,544		4,544		4,521
FW3292176.SRDUP, 26.96%, 07/19/2027 (a)(r)	Upstart		07/22/2022		12,888		12,888		12,981
FW3292200.SRDUP, 21.62%, 07/19/2027 (a)(r)	Upstart		07/22/2022		2,848		2,848		2,850
FW3292251.SRDUP, 20.47%, 07/19/2025 (a)(o)(r)	Upstart		07/22/2022		456		456		452
FW3292351.SRDUP, 27.36%, 12/23/2027 (a)(o)(r)	Upstart		07/22/2022		18,790		18,790		5,651
FW3292416.SRDUP, 29.82%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		3,692		3,692		3,519
FW3292451.SRDUP, 15.45%, 07/19/2027 (a)(r)	Upstart		07/22/2022		2,614		2,614		2,603
FW3292468.SRDUP, 13.48%, 07/19/2025 (a)(r)	Upstart		07/22/2022		1,264		1,264		1,257
FW3292482.SRDUP, 28.56%, 08/03/2027 (a)(o)(r)	Upstart		07/22/2022		5,308		5,308		5,338
FW3292504.SRDUP, 22.89%, 07/19/2027 (a)(r)	Upstart		07/22/2022		2,759		2,759		2,759
FW3292526.SRDUP, 20.12%, 07/19/2027 (a)(r)	Upstart		07/22/2022		8,253		8,253		8,231
FW3292565.SRDUP, 25.69%, 07/19/2025 (a)(o)(r)	Upstart		07/22/2022		1,320		1,320		194
FW3292579.SRDUP, 28.37%, 07/19/2027 (a)(r)	Upstart		07/22/2022		6,910		6,910		6,957
FW3292628.SRDUP, 22.75%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		28,000		28,098		4,122
FW3292886.SRDUP, 20.20%, 07/20/2027 (a)(r)	Upstart		07/25/2022		7,016		7,036		6,994
FW3293042.SRDUP, 14.56%, 07/20/2025 (a)(r)	Upstart		07/25/2022		1,971		1,971		1,970
FW3293259.SRDUP, 29.68%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,257		2,257		2,275
FW3294098.SRDUP, 29.96%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		3,217		3,217		3,241
FW3294918.SRDUP, 30.07%, 07/20/2027 (a)(r)	Upstart		07/25/2022		3,825		3,825		3,851
FW3295053.SRDUP, 29.35%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		967		967		923
FW3295083.SRDUP, 24.09%, 07/20/2027 (a)(r)	Upstart		07/25/2022		8,328		8,328		8,409
FW3295093.SRDUP, 30.02%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,738		1,738		1,750
FW3295177.SRDUP, 13.33%, 07/20/2027 (a)(r)	Upstart		07/25/2022		28,307		28,383		28,192
FW3295297.SRDUP, 22.65%, 07/20/2025 (a)(r)	Upstart		07/25/2022		663		663		664
FW3295445.SRDUP, 26.80%, 07/20/2025 (a)(r)	Upstart		07/25/2022		1,355		1,358		1,350
FW3295502.SRDUP, 30.05%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,531		1,531		1,515
FW3295540.SRDUP, 16.35%, 07/20/2027 (a)(r)	Upstart		07/25/2022		2,463		2,463		2,451
FW3295689.SRDUP, 18.90%, 07/25/2027 (a)(r)	Upstart		07/25/2022		4,942		4,942		4,919
FW3295728.SRDUP, 30.02%, 12/20/2027 (a)(o)(r)	Upstart		07/25/2022		10,746		10,746		10,689
FW3295735.SRDUP, 18.56%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		33,452		33,452		33,289

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

93

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3295796.SRDUP, 22.23%, 07/20/2027 (a)(r)	Upstart		07/25/2022	$	9,271	$	9,271	$	9,267
FW3295797.SRDUP, 23.54%, 07/20/2025 (a)(r)	Upstart		07/25/2022		6,335		6,334		6,314
FW3295818.SRDUP, 13.96%, 08/01/2027 (a)(o)(r)	Upstart		07/25/2022		4,125		4,125		4,103
FW3295830.SRDUP, 24.97%, 07/20/2027 (a)(r)	Upstart		07/25/2022		11,421		11,421		11,518
FW3295846.SRDUP, 25.39%, 07/20/2027 (a)(r)	Upstart		07/25/2022		4,269		4,269		4,263
FW3296151.SRDUP, 19.76%, 07/20/2027 (a)(r)	Upstart		07/25/2022		3,752		3,752		3,740
FW3296166.SRDUP, 29.81%, 07/20/2027 (a)(r)	Upstart		07/25/2022		962		962		960
FW3296173.SRDUP, 30.01%, 12/20/2027 (a)(o)(r)	Upstart		07/25/2022		3,079		3,079		2,906
FW3296181.SRDUP, 29.55%, 07/20/2027 (a)(r)	Upstart		07/25/2022		868		868		865
FW3296332.SRDUP, 19.23%, 07/20/2027 (a)(r)	Upstart		07/25/2022		13,974		13,974		13,900
FW3296348.SRDUP, 15.38%, 12/21/2027 (a)(o)(r)	Upstart		07/26/2022		19,942		19,942		5,017
FW3296373.SRDUP, 15.48%, 07/20/2027 (a)(r)	Upstart		07/25/2022		2,772		2,772		2,760
FW3296412.SRDUP, 24.47%, 07/20/2027 (a)(r)	Upstart		07/25/2022		4,169		4,169		4,166
FW3296419.SRDUP, 20.41%, 07/20/2027 (a)(r)	Upstart		07/25/2022		12,126		12,126		12,087
FW3296429.SRDUP, 29.12%, 07/20/2027 (a)(r)	Upstart		07/25/2022		2,511		2,511		2,529
FW3296453.SRDUP, 29.73%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,823		1,823		1,836
FW3296535.SRDUP, 29.72%, 07/20/2027 (a)(r)	Upstart		07/25/2022		862		862		864
FW3296700.SRDUP, 21.85%, 07/21/2025 (a)(r)	Upstart		07/26/2022		991		991		993
FW3296885.SRDUP, 29.91%, 07/26/2027 (a)(r)	Upstart		07/29/2022		949		949		950
FW3297289.SRDUP, 29.73%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,736		1,736		1,749
FW3297539.SRDUP, 30.06%, 07/21/2027 (a)(r)	Upstart		07/26/2022		2,250		2,250		2,265
FW3297600.SRDUP, 24.00%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,189		1,189		1,188
FW3297752.SRDUP, 29.53%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,041		1,041		1,049
FW3298130.SRDUP, 10.14%, 07/21/2027 (a)(r)	Upstart		07/26/2022		14,317		14,317		14,243
FW3298144.SRDUP, 24.93%, 07/21/2027 (a)(r)	Upstart		07/26/2022		4,773		4,773		4,769
FW3298166.SRDUP, 29.20%, 07/21/2027 (a)(r)	Upstart		07/26/2022		865		865		865
FW3298264.SRDUP, 28.85%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,367		1,367		201
FW3298271.SRDUP, 29.20%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,473		1,473		1,484
FW3298285.SRDUP, 17.19%, 07/21/2027 (a)(r)	Upstart		07/26/2022		4,620		4,620		4,597
FW3298288.SRDUP, 21.61%, 07/21/2027 (a)(r)	Upstart		07/26/2022		2,521		2,521		2,513
FW3298299.SRDUP, 23.38%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,380		1,380		1,379
FW3298305.SRDUP, 26.79%, 07/21/2025 (a)(r)	Upstart		07/26/2022		2,032		2,032		2,026
FW3298309.SRDUP, 23.61%, 07/21/2025 (a)(r)	Upstart		07/26/2022		1,668		1,667		1,670
FW3298360.SRDUP, 17.54%, 07/21/2027 (a)(r)	Upstart		07/26/2022		12,380		12,380		12,319
FW3298386.SRDUP, 29.84%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,232		1,232		1,175
FW3298397.SRDUP, 24.94%, 07/21/2025 (a)(r)	Upstart		07/26/2022		863		863		857
FW3298427.SRDUP, 30.00%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,673		1,673		356
FW3298471.SRDUP, 16.19%, 07/21/2025 (a)(o)(r)	Upstart		07/26/2022		6,464		6,464		951
FW3298481.SRDUP, 30.03%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,020		1,020		1,028
FW3298486.SRDUP, 24.13%, 07/21/2027 (a)(r)	Upstart		07/26/2022		2,124		2,124		2,122
FW3298488.SRDUP, 29.77%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,042		1,042		1,050
FW3298492.SRDUP, 23.33%, 07/21/2025 (a)(r)	Upstart		07/26/2022		3,325		3,325		3,343
FW3298513.SRDUP, 16.72%, 07/21/2025 (a)(r)	Upstart		07/26/2022		913		913		914
FW3298523.SRDUP, 25.54%, 07/21/2027 (a)(r)	Upstart		07/26/2022		854		854		853
FW3298539.SRDUP, 9.98%, 07/21/2027 (a)(r)	Upstart		07/26/2022		7,056		7,056		7,021
FW3298544.SRDUP, 26.53%, 07/21/2027 (a)(r)	Upstart		07/26/2022		3,395		3,395		3,394
FW3298546.SRDUP, 30.05%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,110		1,110		1,120
FW3298602.SRDUP, 30.06%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,797		1,797		122
FW3298605.SRDUP, 29.81%, 07/21/2027 (a)(r)	Upstart		07/26/2022		955		955		962
FW3298624.SRDUP, 29.97%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,216		1,216		1,226
FW3298628.SRDUP, 27.77%, 07/21/2027 (a)(r)	Upstart		07/26/2022		4,826		4,826		4,865
FW3298637.SRDUP, 24.42%, 07/21/2027 (a)(r)	Upstart		07/26/2022		8,504		8,504		8,582
FW3298666.SRDUP, 29.92%, 07/21/2027 (a)(r)	Upstart		07/26/2022		8,166		8,166		8,227
FW3298683.SRDUP, 23.34%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		8,640		8,640		1,744
FW3298685.SRDUP, 17.06%, 07/21/2027 (a)(r)	Upstart		07/26/2022		3,499		3,499		3,474
FW3298714.SRDUP, 11.53%, 07/21/2025 (a)(r)	Upstart		07/26/2022		5,249		5,249		5,221
FW3299898.SRDUP, 23.69%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		5,555		5,555		1,130

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

��

94

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3300534.SRDUP, 29.83%, 07/22/2027 (a)(r)	Upstart		07/27/2022	$	1,042	$	1,042	$	1,051
FW3300721.SRDUP, 28.35%, 07/22/2027 (a)(r)	Upstart		07/27/2022		864		864		871
FW3301039.SRDUP, 27.45%, 07/22/2025 (a)(o)(r)	Upstart		07/27/2022		5,102		5,102		1,731
FW3301370.SRDUP, 29.76%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		5,442		5,442		483
FW3301471.SRDUP, 28.94%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,225		1,225		1,215
FW3301508.SRDUP, 28.79%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		1,979		1,979		291
FW3301605.SRDUP, 18.56%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,892		2,892		2,880
FW3301624.SRDUP, 29.92%, 07/22/2027 (a)(r)	Upstart		07/27/2022		864		864		873
FW3301691.SRDUP, 30.02%, 07/22/2027 (a)(r)	Upstart		07/27/2022		918		918		925
FW3301788.SRDUP, 29.88%, 07/22/2027 (a)(r)	Upstart		07/27/2022		7,229		7,229		7,291
FW3301790.SRDUP, 19.30%, 07/22/2025 (a)(r)	Upstart		07/27/2022		1,262		1,262		1,268
FW3301807.SRDUP, 29.91%, 07/22/2027 (a)(r)	Upstart		07/27/2022		3,735		3,735		3,765
FW3301848.SRDUP, 29.95%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,825		1,825		1,839
FW3301899.SRDUP, 28.79%, 07/22/2027 (a)(r)	Upstart		07/27/2022		4,327		4,327		4,363
FW3301910.SRDUP, 27.83%, 07/22/2027 (a)(r)	Upstart		07/27/2022		9,988		9,988		10,102
FW3301944.SRDUP, 29.98%, 08/05/2027 (a)(o)(r)	Upstart		07/27/2022		7,345		7,345		1,557
FW3301977.SRDUP, 28.81%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		19,395		19,395		19,567
FW3301997.SRDUP, 26.62%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,636		2,636		2,665
FW3302019.SRDUP, 27.78%, 07/22/2027 (a)(r)	Upstart		07/27/2022		4,140		4,140		4,133
FW3302029.SRDUP, 28.29%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		3,656		3,656		538
FW3302043.SRDUP, 30.03%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		2,291		2,291		2,187
FW3302058.SRDUP, 27.46%, 07/22/2025 (a)(r)	Upstart		07/27/2022		3,181		3,181		3,198
FW3302152.SRDUP, 30.03%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,043		1,043		1,051
FW3302178.SRDUP, 20.72%, 07/22/2027 (a)(r)	Upstart		07/27/2022		18,510		18,510		18,427
FW3302202.SRDUP, 14.18%, 07/22/2025 (a)(r)	Upstart		07/27/2022		952		952		947
FW3302207.SRDUP, 27.21%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		24,577		24,577		7,504
FW3302283.SRDUP, 28.13%, 07/22/2027 (a)(r)	Upstart		07/27/2022		5,651		5,651		5,646
FW3302296.SRDUP, 27.44%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		14,076		14,076		14,078
FW3302374.SRDUP, 26.96%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		16,945		16,945		2,494
FW3302387.SRDUP, 29.52%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		2,159		2,159		2,154
FW3302388.SRDUP, 23.22%, 07/22/2027 (a)(r)	Upstart		07/27/2022		11,678		11,678		11,679
FW3302465.SRDUP, 29.11%, 07/22/2027 (a)(r)	Upstart		07/27/2022		12,906		12,906		13,013
FW3302502.SRDUP, 29.44%, 07/22/2027 (a)(r)	Upstart		07/27/2022		13,008		13,008		13,114
FW3302517.SRDUP, 21.29%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		17,040		17,040		16,001
FW3302534.SRDUP, 17.73%, 07/22/2025 (a)(r)	Upstart		07/27/2022		647		647		647
FW3302563.SRDUP, 16.90%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		5,131		5,131		5,101
FW3302569.SRDUP, 20.53%, 07/22/2025 (a)(r)	Upstart		07/27/2022		631		631		628
FW3302576.SRDUP, 23.40%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,948		1,948		1,948
FW3302594.SRDUP, 27.14%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		17,402		17,402		16,623
FW3302613.SRDUP, 19.85%, 07/22/2025 (a)(r)	Upstart		07/27/2022		3,270		3,270		3,276
FW3302659.SRDUP, 28.21%, 07/22/2027 (a)(r)	Upstart		07/27/2022		4,748		4,748		4,788
FW3302687.SRDUP, 12.86%, 07/22/2027 (a)(r)	Upstart		07/27/2022		20,802		20,802		20,730
FW3302704.SRDUP, 25.78%, 01/01/2028 (a)(o)(r)	Upstart		07/27/2022		10,025		10,025		9,999
FW3302708.SRDUP, 17.05%, 07/22/2027 (a)(r)	Upstart		07/27/2022		4,118		4,118		4,099
FW3302733.SRDUP, 26.10%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		4,908		4,925		4,900
FW3302762.SRDUP, 29.97%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,390		1,390		1,402
FW3302793.SRDUP, 29.58%, 07/22/2027 (a)(r)	Upstart		07/27/2022		3,471		3,471		3,499
FW3302804.SRDUP, 14.21%, 07/22/2027 (a)(r)	Upstart		07/27/2022		20,364		20,364		20,275
FW3302814.SRDUP, 30.04%, 07/25/2027 (a)(r)	Upstart		07/27/2022		10,889		10,889		10,870
FW3302855.SRDUP, 27.05%, 07/22/2025 (a)(r)	Upstart		07/27/2022		1,356		1,356		1,353
FW3302856.SRDUP, 29.85%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		7,423		7,423		6,992
FW3302922.SRDUP, 29.90%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,129		1,129		1,138
FW3302940.SRDUP, 27.54%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,722		1,722		1,737
FW3302964.SRDUP, 26.13%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		8,992		8,992		9,018
FW3302981.SRDUP, 25.78%, 07/22/2027 (a)(r)	Upstart		07/27/2022		3,078		3,078		3,107
FW3303019.SRDUP, 20.74%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		6,026		6,026		1,655
FW3303054.SRDUP, 29.66%, 07/22/2027 (a)(r)	Upstart		07/27/2022		217		217		216

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

95

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3303065.SRDUP, 16.37%, 07/22/2027 (a)(r)	Upstart		07/27/2022	$	5,745	$	5,745	$	5,719
FW3303089.SRDUP, 18.18%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,483		2,483		2,471
FW3303142.SRDUP, 30.06%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		2,000		2,000		2,016
FW3303161.SRDUP, 27.41%, 12/22/2025 (a)(o)(r)	Upstart		07/27/2022		2,611		2,611		384
FW3303183.SRDUP, 30.04%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,955		2,955		2,979
FW3303253.SRDUP, 22.53%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,850		2,850		2,844
FW3303255.SRDUP, 28.52%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		10,881		10,881		10,381
FW3303289.SRDUP, 24.61%, 07/22/2025 (a)(r)	Upstart		07/27/2022		670		670		671
FW3303338.SRDUP, 29.27%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,733		1,733		1,748
FW3303383.SRDUP, 29.28%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		4,450		4,450		1,274
FW3304498.SRDUP, 13.39%, 07/27/2027 (a)(r)	Upstart		08/01/2022		8,468		8,468		8,439
FW3304515.SRDUP, 29.45%, 12/25/2027 (a)(o)(r)	Upstart		07/28/2022		1,600		1,600		236
FW3304530.SRDUP, 26.00%, 07/25/2025 (a)(r)	Upstart		07/28/2022		2,082		2,082		2,087
FW3304565.SRDUP, 17.02%, 07/25/2027 (a)(r)	Upstart		07/28/2022		8,233		8,233		8,199
FW3304599.SRDUP, 29.90%, 07/25/2027 (a)(r)	Upstart		07/28/2022		956		956		965
FW3304678.SRDUP, 22.28%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		16,276		16,276		16,284
FW3304684.SRDUP, 24.32%, 07/25/2027 (a)(r)	Upstart		07/28/2022		5,466		5,466		5,476
FW3304697.SRDUP, 29.98%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		1,304		1,304		1,317
FW3304771.SRDUP, 20.26%, 12/25/2027 (a)(o)(r)	Upstart		07/28/2022		5,025		5,025		5,006
FW3304997.SRDUP, 18.36%, 05/25/2026 (a)(o)(r)	Upstart		07/28/2022		4,273		4,273		4,269
FW3305012.SRDUP, 29.80%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,177		1,177		1,175
FW3305015.SRDUP, 24.56%, 07/25/2027 (a)(r)	Upstart		07/28/2022		891		891		883
FW3305037.SRDUP, 29.85%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,162		1,162		1,167
FW3305094.SRDUP, 27.38%, 07/25/2027 (a)(r)	Upstart		07/28/2022		8,605		8,629		8,695
FW3305173.SRDUP, 29.89%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,303		1,303		1,316
FW3305175.SRDUP, 29.64%, 07/25/2027 (a)(r)	Upstart		07/28/2022		2,517		2,517		2,542
FW3305215.SRDUP, 25.94%, 07/25/2027 (a)(r)	Upstart		07/28/2022		3,423		3,423		3,460
FW3305224.SRDUP, 26.42%, 12/25/2027 (a)(o)(r)	Upstart		07/28/2022		6,269		6,269		6,294
FW3305228.SRDUP, 24.48%, 07/25/2027 (a)(r)	Upstart		07/28/2022		17,014		17,014		17,028
FW3305247.SRDUP, 22.75%, 07/25/2027 (a)(r)	Upstart		07/28/2022		10,135		10,135		10,088
FW3305296.SRDUP, 30.06%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,205		1,205		1,219
FW3305303.SRDUP, 16.76%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		28,545		28,545		7,396
FW3305337.SRDUP, 25.56%, 07/25/2027 (a)(r)	Upstart		07/28/2022		13,670		13,670		13,677
FW3305359.SRDUP, 29.63%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		1,893		1,893		407
FW3305370.SRDUP, 25.89%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,968		1,968		1,989
FW3305428.SRDUP, 30.04%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,391		1,391		1,404
FW3305435.SRDUP, 29.32%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		3,686		3,686		3,715
FW3305447.SRDUP, 17.58%, 07/25/2027 (a)(r)	Upstart		07/28/2022		4,623		4,623		4,604
FW3305451.SRDUP, 15.13%, 07/25/2027 (a)(r)	Upstart		07/28/2022		8,055		8,055		8,027
FW3305493.SRDUP, 27.60%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		6,241		6,241		1,342
FW3305510.SRDUP, 28.18%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		15,213		15,213		2,239
FW3305512.SRDUP, 24.02%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		2,207		2,207		449
FW3305551.SRDUP, 26.59%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		2,603		2,603		383
FW3305624.SRDUP, 28.68%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,672		1,672		1,688
FW3305654.SRDUP, 14.13%, 07/25/2027 (a)(r)	Upstart		07/28/2022		40,612		40,612		40,454
FW3305698.SRDUP, 26.31%, 07/25/2027 (a)(r)	Upstart		07/28/2022		11,484		11,484		11,487
FW3305743.SRDUP, 14.93%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,176		1,176		1,171
FW3305845.SRDUP, 24.69%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		20,012		20,012		20,027
FW3308055.SRDUP, 27.97%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,657		2,657		2,670
FW3308699.SRDUP, 10.39%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		41,957		41,957		41,734
FW3308999.SRDUP, 18.40%, 07/26/2027 (a)(r)	Upstart		07/29/2022		41,431		41,431		41,260
FW3309430.SRDUP, 30.02%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,607		2,607		2,634
FW3309519.SRDUP, 29.75%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,997		1,997		2,018
FW3309589.SRDUP, 29.95%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		3,912		3,912		3,910
FW3309638.SRDUP, 29.61%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,864		2,864		2,893
FW3309677.SRDUP, 29.20%, 07/26/2027 (a)(r)	Upstart		07/29/2022		3,206		3,206		3,205
FW3309698.SRDUP, 23.08%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,438		1,438		1,440

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

96

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3309707.SRDUP, 25.32%, 07/26/2027 (a)(r)	Upstart		07/29/2022	$	2,134	$	2,134	$	2,159
FW3309708.SRDUP, 25.54%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		6,681		6,681		6,760
FW3309744.SRDUP, 29.94%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		2,055		2,055		2,067
FW3309749.SRDUP, 29.42%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,041		1,041		1,051
FW3309752.SRDUP, 27.05%, 07/26/2027 (a)(r)	Upstart		07/29/2022		5,139		5,139		5,210
FW3309784.SRDUP, 27.45%, 07/26/2027 (a)(r)	Upstart		07/29/2022		7,672		7,672		7,771
FW3309804.SRDUP, 29.62%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,302		1,302		1,315
FW3309830.SRDUP, 14.70%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		5,895		5,895		1,517
FW3309864.SRDUP, 19.92%, 07/26/2027 (a)(r)	Upstart		07/29/2022		10,008		10,008		9,994
FW3309870.SRDUP, 21.93%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,347		1,347		1,344
FW3309963.SRDUP, 16.93%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		13,963		14,002		13,899
FW3309965.SRDUP, 29.97%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,700		4,700		4,749
FW3309999.SRDUP, 29.20%, 05/26/2028 (a)(o)(r)	Upstart		07/29/2022		4,247		4,247		4,233
FW3310027.SRDUP, 29.97%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		1,470		1,470		216
FW3310063.SRDUP, 29.03%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		17,913		17,913		3,855
FW3310091.SRDUP, 29.87%, 07/26/2027 (a)(r)	Upstart		07/29/2022		3,822		3,822		3,861
FW3310157.SRDUP, 29.13%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		1,083		1,086		345
FW3310219.SRDUP, 28.22%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,021		1,021		1,033
FW3310226.SRDUP, 15.16%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,845		2,845		2,836
FW3310464.SRDUP, 29.85%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,279		1,279		1,293
FW3310524.SRDUP, 13.89%, 07/26/2027 (a)(r)	Upstart		07/29/2022		3,649		3,649		3,635
FW3310529.SRDUP, 29.89%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,998		1,998		1,997
FW3310561.SRDUP, 28.85%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,990		1,990		2,012
FW3310566.SRDUP, 24.90%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,851		1,851		1,845
FW3310610.SRDUP, 26.76%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		5,191		5,191		5,192
FW3310624.SRDUP, 14.42%, 07/26/2027 (a)(r)	Upstart		07/29/2022		35,245		35,245		35,140
FW3310700.SRDUP, 14.47%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,554		4,554		4,537
FW3310751.SRDUP, 17.51%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,123		4,134		4,110
FW3310815.SRDUP, 29.68%, 07/26/2027 (a)(r)	Upstart		07/29/2022		955		955		965
FW3310837.SRDUP, 25.22%, 05/26/2028 (a)(o)(r)	Upstart		07/29/2022		22,855		22,855		22,830
FW3310844.SRDUP, 11.20%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,479		4,479		4,457
FW3310852.SRDUP, 29.35%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		629		629		93
FW3310867.SRDUP, 27.49%, 07/27/2025 (a)(r)	Upstart		08/01/2022		884		883		884
FW3310909.SRDUP, 27.36%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,581		2,581		2,611
FW3310939.SRDUP, 23.96%, 07/26/2027 (a)(r)	Upstart		07/29/2022		3,683		3,683		3,674
FW3310966.SRDUP, 16.27%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		7,074		7,074		1,041
FW3311024.SRDUP, 30.01%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		31,101		31,101		2,325
FW3311078.SRDUP, 20.73%, 07/26/2025 (a)(r)	Upstart		07/29/2022		2,234		2,234		2,241
FW3311652.SRDUP, 30.03%, 07/27/2027 (a)(r)	Upstart		08/01/2022		14,787		14,787		14,982
FW3311812.SRDUP, 29.83%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		1,280		1,280		109
FW3311940.SRDUP, 26.74%, 07/27/2025 (a)(r)	Upstart		08/01/2022		745		745		745
FW3311979.SRDUP, 29.50%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		998		998		992
FW3312074.SRDUP, 19.02%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		40,805		40,804		40,686
FW3312100.SRDUP, 29.81%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,511		2,511		2,504
FW3312119.SRDUP, 29.92%, 07/27/2027 (a)(r)	Upstart		08/01/2022		1,737		1,737		1,756
FW3312129.SRDUP, 16.47%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,053		2,053		2,045
FW3312131.SRDUP, 24.54%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		5,277		5,277		5,259
FW3312147.SRDUP, 29.83%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		2,409		2,409		2,428
FW3312151.SRDUP, 29.86%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,170		4,170		4,215
FW3312164.SRDUP, 29.79%, 07/27/2027 (a)(r)	Upstart		08/01/2022		7,383		7,383		7,464
FW3312218.SRDUP, 29.64%, 07/27/2027 (a)(r)	Upstart		08/01/2022		1,647		1,647		1,663
FW3312219.SRDUP, 25.23%, 12/27/2025 (a)(o)(r)	Upstart		08/01/2022		2,455		2,455		2,442
FW3312228.SRDUP, 28.40%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		6,723		6,723		1,430
FW3312235.SRDUP, 19.25%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,159		4,159		4,155
FW3312345.SRDUP, 23.99%, 07/27/2027 (a)(r)	Upstart		08/01/2022		8,490		8,490		8,504
FW3312370.SRDUP, 29.17%, 07/27/2027 (a)(r)	Upstart		08/01/2022		3,662		3,671		3,673
FW3312405.SRDUP, 19.15%, 07/27/2027 (a)(r)	Upstart		08/01/2022		8,318		8,318		8,311

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

97

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3312406.SRDUP, 15.10%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022	$	3,745	$	3,745	$	3,729
FW3312420.SRDUP, 29.93%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		869		869		879
FW3312437.SRDUP, 29.29%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,316		2,316		2,346
FW3312467.SRDUP, 20.17%, 07/27/2027 (a)(r)	Upstart		08/01/2022		10,193		10,193		10,151
FW3312496.SRDUP, 28.76%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,502		2,502		2,537
FW3312527.SRDUP, 22.46%, 07/27/2027 (a)(r)	Upstart		08/01/2022		1,689		1,689		1,692
FW3312539.SRDUP, 18.94%, 07/27/2027 (a)(r)	Upstart		08/01/2022		8,306		8,306		8,299
FW3312556.SRDUP, 25.85%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		10,299		10,299		10,350
FW3312687.SRDUP, 12.84%, 07/27/2025 (a)(o)(r)	Upstart		08/01/2022		7,878		7,878		7,842
FW3312693.SRDUP, 29.92%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		4,313		4,313		935
FW3312723.SRDUP, 14.45%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		9,539		9,539		1,404
FW3312739.SRDUP, 22.49%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,219		4,219		4,212
FW3312742.SRDUP, 26.16%, 07/27/2027 (a)(r)	Upstart		08/01/2022		11,134		11,134		11,109
FW3312758.SRDUP, 25.16%, 07/27/2027 (a)(r)	Upstart		08/01/2022		1,535		1,535		1,554
FW3312768.SRDUP, 26.81%, 07/27/2025 (a)(r)	Upstart		08/01/2022		2,439		2,439		2,440
FW3312868.SRDUP, 21.62%, 07/27/2027 (a)(r)	Upstart		08/01/2022		6,304		6,304		6,296
FW3312883.SRDUP, 26.26%, 07/27/2027 (a)(r)	Upstart		08/01/2022		8,568		8,568		8,671
FW3312892.SRDUP, 22.39%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		2,491		2,491		2,488
FW3312926.SRDUP, 29.56%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		4,765		4,765		391
FW3312945.SRDUP, 12.26%, 07/27/2025 (a)(r)	Upstart		08/01/2022		1,064		1,064		1,061
FW3312949.SRDUP, 12.97%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,013		4,013		4,001
FW3316977.SRDUP, 25.55%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,595		2,528		2,584
FW3316990.SRDUP, 29.27%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		2,548		2,474		2,534
FW3318619.SRDUP, 29.34%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,491		1,451		1,484
FW3319821.SRDUP, 29.74%, 08/16/2027 (a)(r)	Upstart		08/04/2022		1,155		1,125		1,148
FW3319830.SRDUP, 30.07%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		6,485		6,290		955
FW3319835.SRDUP, 30.05%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,146		1,114		1,140
FW3319843.SRDUP, 29.69%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,404		1,367		1,393
FW3319844.SRDUP, 25.54%, 08/01/2027 (a)(r)	Upstart		08/04/2022		12,111		11,798		11,996
FW3319846.SRDUP, 29.67%, 08/01/2027 (a)(r)	Upstart		08/04/2022		13,078		12,734		13,004
FW3319852.SRDUP, 18.95%, 08/01/2027 (a)(r)	Upstart		08/04/2022		4,215		4,109		4,175
FW3319854.SRDUP, 18.55%, 08/01/2027 (a)(r)	Upstart		08/04/2022		29,451		28,713		29,178
FW3319886.SRDUP, 26.46%, 08/01/2025 (a)(r)	Upstart		08/04/2022		919		900		904
FW3319891.SRDUP, 20.94%, 08/01/2025 (a)(r)	Upstart		08/04/2022		819		803		813
FW3319916.SRDUP, 29.04%, 08/01/2027 (a)(r)	Upstart		08/04/2022		4,380		4,265		4,356
FW3319926.SRDUP, 27.52%, 08/01/2027 (a)(r)	Upstart		08/04/2022		872		849		863
FW3319942.SRDUP, 28.69%, 08/01/2027 (a)(r)	Upstart		08/04/2022		3,062		2,982		3,045
FW3319965.SRDUP, 30.01%, 08/01/2027 (a)(r)	Upstart		08/04/2022		3,552		3,455		3,535
FW3319970.SRDUP, 29.98%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		2,594		2,516		754
FW3319980.SRDUP, 30.04%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,670		1,626		1,650
FW3320007.SRDUP, 30.02%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		839		816		833
FW3320055.SRDUP, 20.18%, 08/03/2027 (a)(r)	Upstart		08/04/2022		15,352		14,964		15,209
FW3320060.SRDUP, 25.75%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,955		1,902		1,949
FW3320064.SRDUP, 21.53%, 08/01/2027 (a)(r)	Upstart		08/04/2022		6,706		6,536		6,645
FW3320075.SRDUP, 26.11%, 08/01/2027 (a)(r)	Upstart		08/04/2022		4,854		4,728		4,833
FW3320086.SRDUP, 29.40%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		4,347		4,231		4,317
FW3320092.SRDUP, 26.51%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,915		1,864		1,904
FW3320104.SRDUP, 24.09%, 08/01/2027 (a)(r)	Upstart		08/04/2022		12,906		12,574		12,790
FW3320109.SRDUP, 17.83%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		10,479		10,166		10,383
FW3320131.SRDUP, 19.46%, 08/01/2027 (a)(r)	Upstart		08/04/2022		614		599		607
FW3320139.SRDUP, 25.88%, 06/01/2028 (a)(r)	Upstart		08/04/2022		8,807		8,548		8,718
FW3320176.SRDUP, 18.62%, 08/01/2027 (a)(r)	Upstart		08/04/2022		12,356		12,046		12,248
FW3320200.SRDUP, 29.91%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		2,285		2,225		2,272
FW3320202.SRDUP, 30.03%, 08/01/2027 (a)(r)	Upstart		08/04/2022		3,952		3,847		3,909
FW3320210.SRDUP, 29.72%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,493		1,458		1,484
FW3320223.SRDUP, 27.37%, 08/01/2027 (a)(r)	Upstart		08/04/2022		871		848		866
FW3320231.SRDUP, 29.53%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		1,006		978		994

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

98

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3320235.SRDUP, 29.81%, 08/01/2027 (a)(r)	Upstart		08/04/2022	$	3,864	$	3,762	$	3,842
FW3320247.SRDUP, 23.83%, 08/01/2027 (a)(r)	Upstart		08/04/2022		5,587		5,444		5,529
FW3320254.SRDUP, 29.86%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,493		1,454		1,484
FW3320295.SRDUP, 30.02%, 08/01/2027 (a)(r)	Upstart		08/04/2022		3,028		2,952		2,994
FW3320320.SRDUP, 27.20%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		2,018		1,965		1,997
FW3320337.SRDUP, 26.24%, 08/01/2027 (a)(r)	Upstart		08/04/2022		12,742		12,406		12,626
FW3320352.SRDUP, 15.01%, 08/01/2025 (a)(r)	Upstart		08/04/2022		2,985		2,927		2,968
FW3320406.SRDUP, 29.80%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		1,142		1,112		1,135
FW3320408.SRDUP, 26.48%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,996		1,945		1,977
FW3321322.SRDUP, 25.00%, 08/04/2025 (a)(r)	Upstart		08/09/2022		24,366		23,867		24,192
FW3322508.SRDUP, 19.84%, 08/02/2027 (a)(r)	Upstart		08/05/2022		4,230		4,123		4,192
FW3323459.SRDUP, 17.33%, 08/02/2027 (a)(r)	Upstart		08/05/2022		41,542		40,296		41,205
FW3323950.SRDUP, 27.81%, 08/02/2027 (a)(r)	Upstart		08/05/2022		3,576		3,482		3,560
FW3324067.SRDUP, 29.80%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,091		1,062		1,079
FW3324396.SRDUP, 29.35%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		3,148		3,067		3,140
FW3324464.SRDUP, 21.19%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,842		2,770		2,817
FW3324483.SRDUP, 29.97%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		6,369		6,179		3,319
FW3324853.SRDUP, 10.84%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		38,021		36,881		5,597
FW3324933.SRDUP, 29.97%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,598		1,555		1,591
FW3324961.SRDUP, 24.73%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,846		2,773		2,836
FW3324974.SRDUP, 25.52%, 08/02/2027 (a)(r)	Upstart		08/05/2022		4,503		4,389		4,442
FW3324985.SRDUP, 29.99%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		1,194		1,158		236
FW3324995.SRDUP, 15.14%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,902		2,830		2,877
FW3325006.SRDUP, 23.27%, 08/02/2025 (a)(r)	Upstart		08/05/2022		793		774		789
FW3325052.SRDUP, 13.20%, 08/02/2025 (a)(r)	Upstart		08/05/2022		1,840		1,805		1,823
FW3325086.SRDUP, 29.87%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,196		2,138		2,184
FW3325156.SRDUP, 29.93%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		2,045		1,984		2,022
FW3325207.SRDUP, 30.07%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,861		1,810		1,853
FW3325256.SRDUP, 30.05%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,603		1,562		1,593
FW3325340.SRDUP, 29.99%, 08/17/2027 (a)(r)	Upstart		08/05/2022		37,879		36,904		37,640
FW3325379.SRDUP, 24.80%, 08/02/2027 (a)(r)	Upstart		08/05/2022		5,224		5,090		5,211
FW3325509.SRDUP, 14.84%, 08/02/2027 (a)(r)	Upstart		08/05/2022		16,559		16,151		16,418
FW3325541.SRDUP, 20.77%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,548		2,483		2,524
FW3325593.SRDUP, 26.71%, 08/02/2027 (a)(r)	Upstart		08/05/2022		10,425		10,154		10,382
FW3325608.SRDUP, 24.05%, 08/02/2025 (a)(r)	Upstart		08/05/2022		1,733		1,697		1,719
FW3325611.SRDUP, 15.94%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,496		2,434		2,475
FW3325648.SRDUP, 24.67%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		1,904		1,853		1,888
FW3325668.SRDUP, 26.99%, 08/02/2027 (a)(r)	Upstart		08/05/2022		10,001		9,740		9,959
FW3325698.SRDUP, 23.80%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		45,174		43,819		6,650
FW3327849.SRDUP, 26.35%, 08/18/2027 (a)(r)	Upstart		08/08/2022		22,533		21,949		22,481
FW3327970.SRDUP, 13.12%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,641		1,610		1,629
FW3327976.SRDUP, 27.35%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,038		2,968		3,028
FW3327988.SRDUP, 25.41%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,383		1,348		1,379
FW3327990.SRDUP, 29.47%, 08/03/2027 (a)(r)	Upstart		08/08/2022		4,824		4,712		4,803
FW3328009.SRDUP, 24.67%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,043		1,021		1,026
FW3328044.SRDUP, 26.59%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		2,544		2,467		738
FW3328049.SRDUP, 29.55%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		3,667		3,557		195
FW3328063.SRDUP, 29.71%, 01/03/2028 (a)(o)(r)	Upstart		08/08/2022		1,494		1,450		1,489
FW3328115.SRDUP, 16.29%, 08/03/2027 (a)(r)	Upstart		08/08/2022		2,955		2,880		2,927
FW3328140.SRDUP, 29.18%, 08/03/2027 (a)(r)	Upstart		08/08/2022		964		939		960
FW3328184.SRDUP, 22.32%, 08/03/2025 (a)(r)	Upstart		08/08/2022		424		415		419
FW3328185.SRDUP, 15.82%, 08/03/2025 (a)(r)	Upstart		08/08/2022		999		980		994
FW3328211.SRDUP, 23.94%, 08/03/2027 (a)(r)	Upstart		08/08/2022		4,764		4,656		4,727
FW3328228.SRDUP, 20.12%, 08/03/2025 (a)(r)	Upstart		08/08/2022		10,204		10,001		10,132
FW3328235.SRDUP, 28.15%, 08/03/2027 (a)(r)	Upstart		08/08/2022		790		769		783
FW3328332.SRDUP, 25.23%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		8,873		8,607		1,775
FW3328364.SRDUP, 13.16%, 08/03/2027 (a)(r)	Upstart		08/08/2022		5,622		5,484		5,589

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

99

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3328376.SRDUP, 29.97%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022	$	15,319	$	14,860	$	8,039
FW3328491.SRDUP, 11.48%, 08/03/2027 (a)(r)	Upstart		08/08/2022		2,527		2,465		2,511
FW3328517.SRDUP, 24.78%, 08/03/2027 (a)(r)	Upstart		08/08/2022		9,489		9,244		9,408
FW3328524.SRDUP, 27.48%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,197		1,172		1,177
FW3328577.SRDUP, 24.90%, 08/03/2027 (a)(r)	Upstart		08/08/2022		8,618		8,396		8,604
FW3328582.SRDUP, 21.75%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,710		1,676		1,704
FW3328589.SRDUP, 29.59%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		1,588		1,545		1,582
FW3328594.SRDUP, 26.16%, 08/03/2027 (a)(r)	Upstart		08/08/2022		4,335		4,223		4,321
FW3328613.SRDUP, 29.89%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		2,336		2,265		686
FW3328712.SRDUP, 26.76%, 08/03/2027 (a)(r)	Upstart		08/08/2022		7,820		7,617		7,749
FW3328756.SRDUP, 20.86%, 08/03/2027 (a)(r)	Upstart		08/08/2022		8,667		8,447		8,591
FW3328875.SRDUP, 22.16%, 08/03/2027 (a)(r)	Upstart		08/08/2022		12,810		12,483		12,712
FW3328972.SRDUP, 21.95%, 08/03/2025 (a)(o)(r)	Upstart		08/08/2022		2,435		2,363		1,461
FW3328999.SRDUP, 16.13%, 08/03/2027 (a)(r)	Upstart		08/08/2022		833		812		826
FW3329145.SRDUP, 18.44%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,349		1,323		1,342
FW3329184.SRDUP, 26.30%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		10,252		9,980		523
FW3329197.SRDUP, 15.04%, 08/03/2027 (a)(r)	Upstart		08/08/2022		5,800		5,657		5,752
FW3329317.SRDUP, 16.80%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,004		984		998
FW3329332.SRDUP, 26.46%, 08/03/2027 (a)(r)	Upstart		08/08/2022		11,630		11,328		11,525
FW3329339.SRDUP, 26.91%, 08/03/2025 (a)(r)	Upstart		08/08/2022		1,758		1,722		1,729
FW3329383.SRDUP, 29.72%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		4,081		3,958		2,123
FW3329386.SRDUP, 26.20%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,654		3,558		3,604
FW3329402.SRDUP, 29.78%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,668		1,624		1,661
FW3329588.SRDUP, 11.34%, 08/03/2025 (a)(r)	Upstart		08/08/2022		3,078		3,019		3,053
FW3329630.SRDUP, 29.93%, 08/03/2027 (a)(r)	Upstart		08/08/2022		7,273		7,081		7,256
FW3329640.SRDUP, 29.99%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		16,387		15,898		8,595
FW3329721.SRDUP, 30.01%, 08/03/2027 (a)(r)	Upstart		08/08/2022		2,461		2,397		2,429
FW3330488.SRDUP, 30.01%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,461		2,396		2,451
FW3330594.SRDUP, 18.05%, 08/04/2025 (a)(r)	Upstart		08/09/2022		3,399		3,312		3,378
FW3330687.SRDUP, 27.66%, 08/04/2027 (a)(r)	Upstart		08/09/2022		26,239		25,554		26,153
FW3331079.SRDUP, 30.01%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,373		2,310		2,363
FW3331251.SRDUP, 20.33%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,967		2,892		2,941
FW3331257.SRDUP, 16.10%, 08/04/2027 (a)(r)	Upstart		08/09/2022		7,111		6,955		7,053
FW3331287.SRDUP, 29.88%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,284		2,224		2,275
FW3331303.SRDUP, 26.00%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,426		2,363		2,402
FW3331448.SRDUP, 22.67%, 08/04/2027 (a)(r)	Upstart		08/09/2022		5,990		5,836		5,945
FW3331463.SRDUP, 27.14%, 08/04/2027 (a)(r)	Upstart		08/09/2022		25,222		24,563		25,145
FW3331603.SRDUP, 23.17%, 01/04/2028 (a)(o)(r)	Upstart		08/09/2022		9,222		8,946		4,294
FW3331621.SRDUP, 29.83%, 08/04/2027 (a)(r)	Upstart		08/09/2022		3,250		3,164		3,237
FW3331649.SRDUP, 24.36%, 01/04/2026 (a)(o)(r)	Upstart		08/09/2022		5,202		5,082		5,141
FW3331683.SRDUP, 29.85%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,108		2,052		2,099
FW3331708.SRDUP, 12.35%, 08/04/2027 (a)(r)	Upstart		08/09/2022		13,667		13,335		13,587
FW3331716.SRDUP, 15.29%, 08/04/2027 (a)(r)	Upstart		08/09/2022		15,410		15,029		15,320
FW3331725.SRDUP, 26.15%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,214		1,186		1,202
FW3331760.SRDUP, 28.02%, 08/04/2027 (a)(r)	Upstart		08/09/2022		5,621		5,474		5,599
FW3331785.SRDUP, 27.42%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		4,356		4,242		4,342
FW3331788.SRDUP, 26.08%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,040		1,013		1,031
FW3331801.SRDUP, 23.15%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,572		2,506		2,552
FW3331832.SRDUP, 22.72%, 01/04/2028 (a)(o)(r)	Upstart		08/09/2022		8,733		8,471		2,313
FW3331907.SRDUP, 30.07%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,055		1,027		1,051
FW3331961.SRDUP, 29.87%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		2,020		1,959		167
FW3331977.SRDUP, 16.55%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,336		2,278		2,317
FW3331979.SRDUP, 19.05%, 08/04/2027 (a)(r)	Upstart		08/09/2022		4,638		4,521		4,598
FW3331984.SRDUP, 14.96%, 08/04/2027 (a)(r)	Upstart		08/09/2022		910		888		903
FW3332008.SRDUP, 26.27%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,214		1,183		1,204
FW3332028.SRDUP, 29.90%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		1,887		1,830		556
FW3332086.SRDUP, 29.89%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,196		2,138		2,187

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

100

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3332138.SRDUP, 25.52%, 08/04/2025 (a)(o)(r)	Upstart		08/09/2022	$	15,398	$	14,936	$	3,090
FW3332143.SRDUP, 24.99%, 08/04/2027 (a)(r)	Upstart		08/09/2022		17,276		16,829		17,135
FW3332175.SRDUP, 24.42%, 01/04/2028 (a)(o)(r)	Upstart		08/09/2022		4,383		4,252		1,195
FW3332179.SRDUP, 29.63%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		1,077		1,045		317
FW3332210.SRDUP, 29.87%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,142		1,112		1,137
FW3332213.SRDUP, 30.02%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,757		1,711		1,750
FW3332232.SRDUP, 25.14%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		13,153		12,759		13,142
FW3332235.SRDUP, 29.08%, 08/04/2027 (a)(r)	Upstart		08/09/2022		964		938		960
FW3332260.SRDUP, 23.31%, 08/04/2025 (a)(r)	Upstart		08/09/2022		1,382		1,354		1,374
FW3332281.SRDUP, 29.98%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,230		1,198		1,225
FW3332296.SRDUP, 18.25%, 08/04/2025 (a)(r)	Upstart		08/09/2022		7,213		7,087		7,166
FW3332313.SRDUP, 29.22%, 01/04/2028 (a)(o)(r)	Upstart		08/09/2022		5,611		5,443		5,551
FW3332326.SRDUP, 26.16%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,867		2,789		2,843
FW3332329.SRDUP, 30.05%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		2,247		2,180		662
FW3332338.SRDUP, 17.03%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		41,834		40,639		41,485
FW3332409.SRDUP, 20.42%, 08/04/2027 (a)(r)	Upstart		08/09/2022		19,088		18,571		18,921
FW3332427.SRDUP, 22.31%, 08/04/2027 (a)(r)	Upstart		08/09/2022		3,418		3,341		3,393
FW3333083.SRDUP, 23.01%, 08/05/2027 (a)(r)	Upstart		08/10/2022		4,798		4,675		4,755
FW3333700.SRDUP, 29.68%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		2,151		2,086		431
FW3333960.SRDUP, 17.66%, 08/05/2027 (a)(r)	Upstart		08/10/2022		12,967		12,643		12,869
FW3334082.SRDUP, 26.47%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,238		2,180		2,230
FW3334226.SRDUP, 29.58%, 08/05/2027 (a)(r)	Upstart		08/10/2022		4,387		4,272		4,373
FW3334241.SRDUP, 25.18%, 08/05/2027 (a)(r)	Upstart		08/10/2022		3,888		3,787		3,880
FW3334482.SRDUP, 20.83%, 06/05/2026 (a)(o)(r)	Upstart		08/10/2022		2,552		2,475		1,496
FW3334502.SRDUP, 29.93%, 08/05/2027 (a)(r)	Upstart		08/10/2022		7,057		6,872		7,036
FW3334533.SRDUP, 26.94%, 08/05/2025 (a)(r)	Upstart		08/10/2022		773		757		761
FW3334603.SRDUP, 27.51%, 06/05/2026 (a)(o)(r)	Upstart		08/10/2022		3,090		2,997		1,827
FW3334619.SRDUP, 29.69%, 08/05/2027 (a)(r)	Upstart		08/10/2022		6,172		6,010		6,154
FW3334881.SRDUP, 27.43%, 08/05/2025 (a)(o)(r)	Upstart		08/10/2022		1,354		1,314		96
FW3334909.SRDUP, 29.54%, 08/05/2027 (a)(r)	Upstart		08/10/2022		4,036		3,930		3,994
FW3334945.SRDUP, 24.18%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		8,905		8,640		4,140
FW3334948.SRDUP, 29.94%, 08/05/2027 (a)(r)	Upstart		08/10/2022		4,305		4,191		4,290
FW3334972.SRDUP, 30.04%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		10,962		10,681		10,931
FW3334977.SRDUP, 24.24%, 08/05/2027 (a)(r)	Upstart		08/10/2022		28,752		28,011		28,534
FW3334990.SRDUP, 14.73%, 08/05/2027 (a)(r)	Upstart		08/10/2022		18,452		17,997		18,306
FW3335002.SRDUP, 29.73%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		1,617		1,568		477
FW3335003.SRDUP, 23.08%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		14,833		14,388		4,043
FW3335014.SRDUP, 11.11%, 08/05/2027 (a)(r)	Upstart		08/10/2022		21,602		21,079		21,473
FW3335030.SRDUP, 26.84%, 08/05/2027 (a)(r)	Upstart		08/10/2022		24,463		23,843		24,373
FW3335053.SRDUP, 15.38%, 08/05/2025 (a)(r)	Upstart		08/10/2022		1,994		1,955		1,984
FW3335083.SRDUP, 20.95%, 08/05/2027 (a)(r)	Upstart		08/10/2022		3,315		3,230		3,286
FW3335088.SRDUP, 29.75%, 08/05/2027 (a)(r)	Upstart		08/10/2022		3,955		3,845		3,942
FW3335097.SRDUP, 27.02%, 08/05/2027 (a)(r)	Upstart		08/10/2022		14,770		14,397		14,722
FW3335130.SRDUP, 22.23%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		12,793		12,443		12,694
FW3335133.SRDUP, 16.79%, 08/05/2025 (a)(r)	Upstart		08/10/2022		3,041		2,982		3,027
FW3335178.SRDUP, 17.96%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		30,672		29,752		5,632
FW3335207.SRDUP, 26.84%, 08/05/2027 (a)(r)	Upstart		08/10/2022		995		969		991
FW3335227.SRDUP, 27.63%, 08/05/2027 (a)(r)	Upstart		08/10/2022		6,101		5,942		6,048
FW3335303.SRDUP, 29.12%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,690		2,611		2,658
FW3335339.SRDUP, 24.77%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		6,943		6,737		6,891
FW3335380.SRDUP, 29.91%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		5,041		4,894		5,026
FW3335386.SRDUP, 30.08%, 08/25/2027 (a)(r)	Upstart		08/15/2022		4,003		3,900		3,996
FW3335405.SRDUP, 28.36%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		6,667		6,495		6,651
FW3335412.SRDUP, 27.67%, 08/05/2027 (a)(r)	Upstart		08/10/2022		1,133		1,104		1,130
FW3335417.SRDUP, 22.49%, 08/05/2027 (a)(r)	Upstart		08/10/2022		12,826		12,498		12,712
FW3336367.SRDUP, 29.80%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,371		2,308		2,368
FW3336632.SRDUP, 29.91%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		857		831		501

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

101

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3336648.SRDUP, 22.91%, 08/08/2027 (a)(r)	Upstart		08/11/2022	$	4,968	$	4,840	$	4,938
FW3336660.SRDUP, 27.43%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,355		4,241		4,351
FW3336667.SRDUP, 29.74%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		4,615		4,492		4,602
FW3336668.SRDUP, 29.34%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,134		1,105		1,135
FW3336858.SRDUP, 24.44%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,824		4,700		4,825
FW3336867.SRDUP, 29.69%, 01/08/2028 (a)(o)(r)	Upstart		08/11/2022		1,612		1,568		1,597
FW3336872.SRDUP, 22.20%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,960		2,884		2,946
FW3336885.SRDUP, 29.07%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,489		1,450		1,487
FW3336986.SRDUP, 29.53%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		1,071		1,039		564
FW3336989.SRDUP, 25.23%, 06/08/2028 (a)(o)(r)	Upstart		08/11/2022		4,377		4,246		4,368
FW3337009.SRDUP, 29.97%, 08/08/2027 (a)(r)	Upstart		08/11/2022		966		937		967
FW3337111.SRDUP, 23.46%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		3,524		3,418		944
FW3337133.SRDUP, 21.04%, 01/08/2028 (a)(o)(r)	Upstart		08/11/2022		3,791		3,698		3,763
FW3337139.SRDUP, 24.85%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,832		4,707		4,800
FW3337303.SRDUP, 22.63%, 08/23/2027 (a)(r)	Upstart		08/11/2022		19,862		19,412		19,703
FW3337412.SRDUP, 11.40%, 08/08/2027 (a)(r)	Upstart		08/11/2022		28,108		27,425		27,955
FW3337420.SRDUP, 29.30%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,607		2,538		2,607
FW3337431.SRDUP, 11.92%, 08/08/2027 (a)(r)	Upstart		08/11/2022		29,074		28,367		28,915
FW3337484.SRDUP, 29.88%, 01/08/2028 (a)(r)	Upstart		08/11/2022		1,025		998		1,016
FW3337494.SRDUP, 19.77%, 08/08/2027 (a)(r)	Upstart		08/11/2022		16,916		16,488		16,790
FW3337520.SRDUP, 30.04%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		18,400		17,848		2,708
FW3337548.SRDUP, 25.39%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,075		2,021		2,061
FW3337554.SRDUP, 21.23%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		1,446		1,410		1,435
FW3337613.SRDUP, 29.37%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,491		1,452		1,488
FW3337621.SRDUP, 20.81%, 01/08/2028 (a)(r)	Upstart		08/11/2022		5,924		5,776		5,877
FW3337628.SRDUP, 21.82%, 08/08/2027 (a)(r)	Upstart		08/11/2022		8,023		7,818		7,960
FW3337658.SRDUP, 27.81%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		5,388		5,227		1,593
FW3337707.SRDUP, 24.23%, 01/23/2028 (a)(o)(r)	Upstart		08/11/2022		5,168		5,036		4,830
FW3337731.SRDUP, 17.92%, 08/08/2027 (a)(r)	Upstart		08/11/2022		7,524		7,333		7,467
FW3337737.SRDUP, 19.97%, 08/08/2027 (a)(r)	Upstart		08/11/2022		6,767		6,596		6,724
FW3337761.SRDUP, 29.82%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,020		1,966		2,016
FW3337781.SRDUP, 27.26%, 08/23/2027 (a)(r)	Upstart		08/11/2022		13,000		12,661		13,021
FW3337806.SRDUP, 19.81%, 08/08/2025 (a)(r)	Upstart		08/11/2022		1,359		1,331		1,351
FW3337808.SRDUP, 20.29%, 08/08/2025 (a)(r)	Upstart		08/11/2022		4,085		4,003		4,064
FW3337844.SRDUP, 18.81%, 01/08/2028 (a)(o)(r)	Upstart		08/11/2022		6,961		6,758		6,900
FW3337932.SRDUP, 29.88%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,015		988		1,013
FW3337939.SRDUP, 29.98%, 08/08/2027 (a)(r)	Upstart		08/11/2022		6,462		6,295		6,411
FW3337955.SRDUP, 17.78%, 08/08/2027 (a)(r)	Upstart		08/11/2022		12,093		11,790		11,999
FW3337966.SRDUP, 29.69%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,400		2,330		2,373
FW3338069.SRDUP, 26.37%, 08/08/2027 (a)(r)	Upstart		08/11/2022		6,074		5,916		6,071
FW3340271.SRDUP, 29.62%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,141		1,111		1,140
FW3340712.SRDUP, 29.63%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,492		1,453		1,491
FW3341295.SRDUP, 29.62%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,755		1,714		1,753
FW3341443.SRDUP, 29.93%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,066		1,037		1,066
FW3341548.SRDUP, 21.28%, 08/10/2025 (a)(o)(r)	Upstart		08/15/2022		4,257		4,130		2,572
FW3341613.SRDUP, 24.57%, 08/09/2025 (a)(r)	Upstart		08/12/2022		3,511		3,430		3,469
FW3341651.SRDUP, 22.11%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		1,242		1,205		1,233
FW3341659.SRDUP, 28.27%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		27,351		26,530		4,026
FW3341670.SRDUP, 19.41%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,854		2,781		2,833
FW3341702.SRDUP, 12.87%, 08/09/2025 (a)(r)	Upstart		08/12/2022		919		901		911
FW3341732.SRDUP, 20.58%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		10,033		9,732		2,668
FW3341786.SRDUP, 29.66%, 01/09/2028 (a)(o)(r)	Upstart		08/12/2022		1,680		1,632		1,673
FW3341803.SRDUP, 20.81%, 08/09/2025 (a)(r)	Upstart		08/12/2022		2,710		2,656		2,706
FW3341835.SRDUP, 9.73%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,859		1,814		1,848
FW3341855.SRDUP, 18.78%, 08/09/2027 (a)(r)	Upstart		08/12/2022		3,285		3,202		3,260
FW3341867.SRDUP, 25.00%, 08/09/2025 (a)(r)	Upstart		08/12/2022		1,044		1,023		1,039
FW3341930.SRDUP, 17.77%, 08/09/2027 (a)(r)	Upstart		08/12/2022		5,859		5,712		5,818

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

102

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3341977.SRDUP, 17.81%, 08/09/2027 (a)(r)	Upstart		08/12/2022	$	23,189	$	22,607	$	23,026
FW3342031.SRDUP, 27.21%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		5,045		4,894		743
FW3342056.SRDUP, 23.13%, 08/09/2027 (a)(r)	Upstart		08/12/2022		8,572		8,352		8,523
FW3342122.SRDUP, 24.93%, 08/09/2025 (a)(r)	Upstart		08/12/2022		7,655		7,498		7,559
FW3342131.SRDUP, 29.91%, 08/09/2027 (a)(r)	Upstart		08/12/2022		3,247		3,160		3,213
FW3342155.SRDUP, 28.21%, 08/09/2027 (a)(r)	Upstart		08/12/2022		4,367		4,252		4,364
FW3342160.SRDUP, 28.38%, 08/09/2027 (a)(r)	Upstart		08/12/2022		14,856		14,512		14,846
FW3342171.SRDUP, 23.38%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		2,021		1,960		161
FW3342182.SRDUP, 24.77%, 01/09/2028 (a)(o)(r)	Upstart		08/12/2022		2,331		2,261		2,317
FW3342190.SRDUP, 21.86%, 08/09/2025 (a)(r)	Upstart		08/12/2022		3,430		3,360		3,412
FW3342195.SRDUP, 28.61%, 01/09/2028 (a)(o)(r)	Upstart		08/12/2022		2,391		2,319		352
FW3342267.SRDUP, 19.04%, 08/09/2025 (a)(r)	Upstart		08/12/2022		1,506		1,476		1,499
FW3342276.SRDUP, 22.57%, 08/09/2027 (a)(r)	Upstart		08/12/2022		7,613		7,418		7,554
FW3342303.SRDUP, 24.39%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		5,231		5,074		1,018
FW3342306.SRDUP, 23.18%, 08/09/2027 (a)(r)	Upstart		08/12/2022		857		835		851
FW3342326.SRDUP, 24.44%, 08/09/2027 (a)(r)	Upstart		08/12/2022		8,293		8,079		8,240
FW3342367.SRDUP, 23.52%, 08/09/2027 (a)(r)	Upstart		08/12/2022		9,444		9,201		9,389
FW3342389.SRDUP, 30.07%, 08/09/2027 (a)(r)	Upstart		08/12/2022		12,921		12,580		12,905
FW3342476.SRDUP, 24.31%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,562		2,496		2,569
FW3342496.SRDUP, 29.87%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,844		1,796		1,842
FW3342498.SRDUP, 18.28%, 08/09/2027 (a)(r)	Upstart		08/12/2022		14,036		13,683		13,929
FW3342503.SRDUP, 18.53%, 08/09/2025 (a)(r)	Upstart		08/12/2022		2,717		2,663		2,704
FW3342541.SRDUP, 10.19%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,431		2,379		2,417
FW3342553.SRDUP, 29.90%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		2,210		2,152		2,208
FW3342569.SRDUP, 20.93%, 01/09/2026 (a)(r)	Upstart		08/12/2022		758		737		749
FW3342621.SRDUP, 29.85%, 08/09/2027 (a)(r)	Upstart		08/12/2022		8,609		8,384		8,602
FW3342637.SRDUP, 29.79%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,844		1,795		1,842
FW3342751.SRDUP, 23.38%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		35,444		34,504		5,217
FW3342780.SRDUP, 26.32%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		24,070		23,444		23,939
FW3343057.SRDUP, 27.27%, 08/10/2027 (a)(r)	Upstart		08/15/2022		548		533		539
FW3343084.SRDUP, 25.43%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,476		1,438		1,468
FW3343090.SRDUP, 22.15%, 08/10/2027 (a)(r)	Upstart		08/15/2022		4,782		4,674		4,745
FW3343213.SRDUP, 30.01%, 08/10/2027 (a)(r)	Upstart		08/15/2022		2,285		2,224		2,268
FW3343707.SRDUP, 29.96%, 08/10/2027 (a)(r)	Upstart		08/15/2022		966		941		966
FW3343834.SRDUP, 21.73%, 08/10/2025 (a)(r)	Upstart		08/15/2022		823		806		815
FW3343838.SRDUP, 21.16%, 08/10/2027 (a)(r)	Upstart		08/15/2022		2,126		2,072		2,111
FW3343908.SRDUP, 30.06%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,670		1,626		1,669
FW3344152.SRDUP, 21.48%, 08/10/2025 (a)(r)	Upstart		08/15/2022		3,424		3,354		3,408
FW3344219.SRDUP, 28.72%, 08/10/2027 (a)(r)	Upstart		08/15/2022		9,058		8,787		4,752
FW3344314.SRDUP, 21.81%, 08/10/2027 (a)(r)	Upstart		08/15/2022		7,658		7,462		7,611
FW3344357.SRDUP, 29.80%, 08/10/2027 (a)(r)	Upstart		08/15/2022		2,371		2,308		2,370
FW3344361.SRDUP, 21.40%, 08/10/2025 (a)(r)	Upstart		08/15/2022		10,234		10,051		10,223
FW3344364.SRDUP, 22.98%, 08/10/2027 (a)(r)	Upstart		08/15/2022		3,770		3,684		3,750
FW3344378.SRDUP, 20.97%, 08/10/2025 (a)(r)	Upstart		08/15/2022		1,366		1,339		1,360
FW3344392.SRDUP, 19.81%, 08/10/2027 (a)(r)	Upstart		08/15/2022		4,670		4,553		4,639
FW3344411.SRDUP, 22.74%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,541		1,506		1,533
FW3344412.SRDUP, 25.99%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		3,560		3,454		1,730
FW3344452.SRDUP, 16.87%, 08/10/2027 (a)(r)	Upstart		08/15/2022		20,216		19,711		20,071
FW3344502.SRDUP, 29.84%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,581		1,539		1,580
FW3344529.SRDUP, 29.95%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		1,194		1,158		75
FW3344556.SRDUP, 16.43%, 08/10/2025 (a)(r)	Upstart		08/15/2022		1,466		1,437		1,461
FW3344583.SRDUP, 29.04%, 08/10/2027 (a)(r)	Upstart		08/15/2022		964		938		964
FW3344618.SRDUP, 26.77%, 01/10/2028 (a)(o)(r)	Upstart		08/15/2022		13,368		12,969		13,310
FW3344663.SRDUP, 30.03%, 01/10/2028 (a)(o)(r)	Upstart		08/15/2022		1,656		1,606		331
FW3344688.SRDUP, 24.05%, 01/10/2028 (a)(o)(r)	Upstart		08/15/2022		17,379		16,858		238
FW3344704.SRDUP, 27.76%, 08/10/2027 (a)(r)	Upstart		08/15/2022		36,754		35,790		36,815
FW3344751.SRDUP, 27.42%, 08/10/2025 (a)(r)	Upstart		08/15/2022		4,388		4,296		4,336

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

103

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3344753.SRDUP, 24.95%, 08/10/2027 (a)(r)	Upstart		08/15/2022	$	9,731	$	9,478	$	9,678
FW3344754.SRDUP, 19.53%, 08/10/2027 (a)(r)	Upstart		08/15/2022		10,984		10,706		10,900
FW3344757.SRDUP, 28.79%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		2,715		2,634		808
FW3344787.SRDUP, 19.72%, 08/10/2027 (a)(r)	Upstart		08/15/2022		13,022		12,692		12,923
FW3344806.SRDUP, 29.85%, 08/10/2027 (a)(r)	Upstart		08/15/2022		878		855		878
FW3344875.SRDUP, 25.66%, 08/10/2027 (a)(r)	Upstart		08/15/2022		8,655		8,430		8,662
FW3344886.SRDUP, 23.52%, 08/10/2027 (a)(r)	Upstart		08/15/2022		5,151		5,018		5,123
FW3344919.SRDUP, 29.98%, 08/25/2027 (a)(o)(r)	Upstart		08/15/2022		12,724		12,396		12,669
FW3344925.SRDUP, 29.69%, 01/10/2028 (a)(o)(r)	Upstart		08/15/2022		4,098		3,978		4,080
FW3344973.SRDUP, 24.83%, 08/10/2027 (a)(r)	Upstart		08/15/2022		3,192		3,119		3,173
FW3345014.SRDUP, 23.81%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		10,119		9,816		872
FW3345025.SRDUP, 19.93%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,016		990		1,008
FW3345027.SRDUP, 16.18%, 08/10/2027 (a)(r)	Upstart		08/15/2022		4,191		4,087		4,162
FW3345036.SRDUP, 27.15%, 08/10/2027 (a)(r)	Upstart		08/15/2022		6,265		6,101		6,267
FW3345070.SRDUP, 29.93%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		1,508		1,468		1,505
FW3345074.SRDUP, 21.56%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,409		1,373		1,403
FW3345093.SRDUP, 15.65%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		42,766		41,486		18,781
FW3345108.SRDUP, 21.17%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,701		1,658		1,689
FW3345122.SRDUP, 26.25%, 08/10/2025 (a)(o)(r)	Upstart		08/15/2022		909		882		50
FW3345143.SRDUP, 22.63%, 08/10/2025 (a)(r)	Upstart		08/15/2022		2,938		2,885		2,934
FW3345176.SRDUP, 25.55%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		17,944		17,406		5,283
FW3345244.SRDUP, 26.94%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		24,664		23,924		11,963
FW3373195.SRDUP, 26.30%, 09/02/2027 (a)(r)	Upstart		09/08/2022		2,458		2,393		2,450
FW3382367.SRDUP, 33.18%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,242		2,188		2,228
FW3383096.SRDUP, 17.73%, 09/01/2025 (a)(r)	Upstart		09/07/2022		698		685		693
FW3383199.SRDUP, 13.78%, 09/02/2025 (a)(o)(r)	Upstart		09/08/2022		5,040		4,888		995
FW3387472.SRDUP, 30.56%, 09/01/2027 (a)(r)	Upstart		09/07/2022		34,915		33,983		34,669
FW3389292.SRDUP, 29.40%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,104		2,052		2,085
FW3391039.SRDUP, 27.26%, 02/01/2026 (a)(o)(r)	Upstart		09/07/2022		6,469		6,282		6,287
FW3391054.SRDUP, 29.59%, 09/01/2027 (a)(r)	Upstart		09/07/2022		3,548		3,454		3,531
FW3391076.SRDUP, 15.12%, 02/01/2028 (a)(o)(r)	Upstart		09/07/2022		8,204		7,959		3,449
FW3391086.SRDUP, 34.10%, 09/01/2025 (a)(o)(r)	Upstart		09/18/2023		9,500		1,496		1,398
FW3391123.SRDUP, 16.23%, 09/01/2027 (a)(r)	Upstart		09/07/2022		4,262		4,155		4,220
FW3391150.SRDUP, 28.29%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,301		2,235		2,286
FW3391232.SRDUP, 33.82%, 09/01/2027 (a)(r)	Upstart		09/07/2022		4,200		4,074		4,173
FW3391252.SRDUP, 29.38%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,773		1,726		1,765
FW3391261.SRDUP, 34.47%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		6,643		6,444		3,468
FW3391265.SRDUP, 18.92%, 09/01/2027 (a)(r)	Upstart		09/07/2022		8,707		8,446		8,621
FW3391326.SRDUP, 33.14%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		2,176		2,110		2,155
FW3391331.SRDUP, 26.82%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,902		2,835		2,874
FW3391334.SRDUP, 33.66%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,963		2,883		2,944
FW3391350.SRDUP, 17.92%, 09/01/2027 (a)(r)	Upstart		09/07/2022		3,238		3,141		3,209
FW3391354.SRDUP, 29.50%, 09/01/2025 (a)(o)(r)	Upstart		09/07/2022		6,061		5,881		3,586
FW3391367.SRDUP, 14.88%, 09/01/2027 (a)(r)	Upstart		09/07/2022		13,793		13,448		13,676
FW3391392.SRDUP, 29.37%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,507		1,467		1,491
FW3391398.SRDUP, 30.65%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,403		2,339		2,390
FW3391443.SRDUP, 27.44%, 09/01/2025 (a)(r)	Upstart		09/07/2022		4,002		3,917		3,938
FW3391463.SRDUP, 34.41%, 09/01/2027 (a)(r)	Upstart		09/07/2022		6,928		6,741		6,882
FW3391480.SRDUP, 34.20%, 09/01/2027 (a)(r)	Upstart		09/07/2022		12,582		12,244		12,446
FW3391536.SRDUP, 33.17%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,063		2,008		2,046
FW3391540.SRDUP, 22.54%, 09/01/2027 (a)(r)	Upstart		09/07/2022		5,553		5,409		5,497
FW3391565.SRDUP, 21.35%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,510		1,471		1,495
FW3391607.SRDUP, 17.95%, 09/01/2025 (a)(r)	Upstart		09/07/2022		698		684		694
FW3391608.SRDUP, 24.92%, 09/01/2027 (a)(r)	Upstart		09/07/2022		8,737		8,508		8,646
FW3391636.SRDUP, 20.85%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,722		1,678		1,706
FW3391657.SRDUP, 34.79%, 02/15/2028 (a)(o)(r)	Upstart		09/07/2022		23,682		22,994		23,315
FW3391666.SRDUP, 22.14%, 09/01/2027 (a)(r)	Upstart		09/07/2022		38,094		37,224		37,696

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

104

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3391682.SRDUP, 33.15%, 09/01/2027 (a)(r)	Upstart		09/07/2022	$	3,228	$	3,141	$	3,208
FW3391691.SRDUP, 29.86%, 09/01/2025 (a)(o)(r)	Upstart		09/07/2022		5,224		5,068		1,668
FW3391767.SRDUP, 30.29%, 09/01/2025 (a)(o)(r)	Upstart		09/07/2022		2,858		2,794		2,792
FW3391778.SRDUP, 25.46%, 09/01/2027 (a)(r)	Upstart		09/07/2022		2,013		1,967		1,995
FW3391781.SRDUP, 24.51%, 09/01/2027 (a)(r)	Upstart		09/07/2022		4,570		4,450		4,522
FW3391839.SRDUP, 32.21%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,878		1,827		1,867
FW3391879.SRDUP, 21.68%, 09/01/2027 (a)(r)	Upstart		09/07/2022		6,733		6,560		6,668
FW3391897.SRDUP, 29.98%, 09/01/2027 (a)(r)	Upstart		09/07/2022		3,819		3,717		3,800
FW3391911.SRDUP, 34.90%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		16,953		16,452		16,747
FW3391946.SRDUP, 32.48%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		1,522		1,481		1,513
FW3391950.SRDUP, 20.01%, 09/01/2027 (a)(r)	Upstart		09/07/2022		42,921		41,822		42,525
FW3391954.SRDUP, 29.05%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,240		1,207		1,234
FW3391960.SRDUP, 19.15%, 09/01/2027 (a)(r)	Upstart		09/07/2022		6,674		6,504		6,614
FW3392030.SRDUP, 30.01%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		1,972		1,913		583
FW3392065.SRDUP, 29.97%, 09/04/2027 (a)(r)	Upstart		09/07/2022		2,404		2,340		2,377
FW3392083.SRDUP, 27.54%, 09/01/2025 (a)(r)	Upstart		09/07/2022		1,248		1,211		1,223
FW3392163.SRDUP, 28.84%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,416		1,378		1,410
FW3392184.SRDUP, 17.03%, 09/15/2027 (a)(o)(r)	Upstart		09/07/2022		5,693		5,523		838
FW3393350.SRDUP, 26.53%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,955		3,849		3,915
FW3393442.SRDUP, 11.33%, 09/02/2027 (a)(r)	Upstart		09/08/2022		8,283		8,079		8,231
FW3393816.SRDUP, 31.66%, 09/02/2027 (a)(r)	Upstart		09/08/2022		15,085		14,681		15,010
FW3393823.SRDUP, 29.39%, 09/16/2027 (a)(r)	Upstart		09/08/2022		34,607		33,682		34,218
FW3393834.SRDUP, 31.03%, 09/02/2027 (a)(r)	Upstart		09/08/2022		1,249		1,216		1,235
FW3393860.SRDUP, 19.99%, 09/02/2025 (a)(r)	Upstart		09/08/2022		705		690		701
FW3393879.SRDUP, 23.64%, 09/02/2025 (a)(r)	Upstart		09/08/2022		2,149		2,103		2,135
FW3393906.SRDUP, 31.57%, 09/02/2025 (a)(r)	Upstart		09/08/2022		1,554		1,520		1,528
FW3393921.SRDUP, 23.46%, 09/02/2027 (a)(r)	Upstart		09/08/2022		1,755		1,703		1,739
FW3393938.SRDUP, 21.10%, 09/02/2025 (a)(r)	Upstart		09/08/2022		11,830		11,584		11,757
FW3393950.SRDUP, 33.75%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,952		3,845		3,929
FW3394089.SRDUP, 28.82%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		1,622		1,579		1,605
FW3394115.SRDUP, 25.53%, 09/02/2027 (a)(r)	Upstart		09/08/2022		1,751		1,705		1,746
FW3394194.SRDUP, 18.07%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		7,000		6,790		1,030
FW3394243.SRDUP, 25.81%, 09/02/2027 (a)(r)	Upstart		09/08/2022		1,490		1,451		1,485
FW3394271.SRDUP, 14.90%, 09/02/2027 (a)(r)	Upstart		09/08/2022		7,332		7,112		7,285
FW3394294.SRDUP, 32.93%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,019		2,937		2,951
FW3394345.SRDUP, 31.44%, 02/17/2028 (a)(o)(r)	Upstart		09/08/2022		27,212		26,424		26,982
FW3394348.SRDUP, 33.36%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		2,408		2,336		355
FW3394390.SRDUP, 27.09%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		4,929		4,800		4,881
FW3394524.SRDUP, 31.23%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		21,045		20,413		6,144
FW3394562.SRDUP, 33.19%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		18,663		18,104		2,747
FW3394585.SRDUP, 31.57%, 09/02/2027 (a)(r)	Upstart		09/08/2022		1,249		1,216		1,243
FW3394632.SRDUP, 28.05%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,978		3,873		3,934
FW3394733.SRDUP, 29.28%, 09/02/2025 (a)(r)	Upstart		09/08/2022		3,666		3,596		3,608
FW3394739.SRDUP, 33.89%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		3,656		3,548		1,960
FW3394765.SRDUP, 34.33%, 09/02/2027 (a)(r)	Upstart		09/08/2022		5,402	��	5,273		5,358
FW3394775.SRDUP, 34.16%, 09/02/2027 (a)(r)	Upstart		09/08/2022		5,934		5,774		5,899
FW3394809.SRDUP, 15.08%, 09/02/2027 (a)(r)	Upstart		09/08/2022		4,046		3,945		4,002
FW3394816.SRDUP, 29.97%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,088		3,005		3,072
FW3394855.SRDUP, 29.54%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		1,321		1,281		194
FW3394873.SRDUP, 27.45%, 02/02/2026 (a)(r)	Upstart		09/08/2022		1,211		1,181		1,193
FW3394887.SRDUP, 24.06%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		8,860		8,595		4,226
FW3394890.SRDUP, 34.35%, 09/02/2027 (a)(r)	Upstart		09/08/2022		6,282		6,109		6,245
FW3394891.SRDUP, 21.89%, 09/02/2027 (a)(r)	Upstart		09/08/2022		37,850		36,734		37,542
FW3394942.SRDUP, 32.97%, 02/02/2026 (a)(o)(r)	Upstart		09/08/2022		5,117		4,965		3,096
FW3394992.SRDUP, 16.05%, 09/02/2027 (a)(r)	Upstart		09/08/2022		27,581		26,753		27,343
FW3395002.SRDUP, 27.44%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		2,632		2,553		387
FW3395034.SRDUP, 24.83%, 07/02/2028 (a)(o)(r)	Upstart		09/08/2022		26,655		25,856		5,267

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

105

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3395077.SRDUP, 33.93%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022	$	3,234	$	3,137	$	476
FW3395210.SRDUP, 29.75%, 09/02/2025 (a)(r)	Upstart		09/08/2022		4,193		4,102		4,118
FW3395231.SRDUP, 20.83%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		10,368		10,093		1,526
FW3395232.SRDUP, 29.72%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		8,880		8,644		8,821
FW3395243.SRDUP, 9.90%, 09/02/2025 (a)(r)	Upstart		09/08/2022		6,723		6,592		6,678
FW3395244.SRDUP, 34.35%, 09/02/2027 (a)(r)	Upstart		09/08/2022		5,397		5,251		5,365
FW3395285.SRDUP, 15.35%, 09/02/2025 (a)(o)(r)	Upstart		09/08/2022		2,761		2,702		2,748
FW3395340.SRDUP, 31.87%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		8,257		8,030		8,201
FW3398692.SRDUP, 30.06%, 02/06/2028 (a)(o)(r)	Upstart		09/09/2022		1,872		1,822		962
FW3399302.SRDUP, 10.61%, 09/06/2027 (a)(r)	Upstart		09/09/2022		39,466		38,497		39,225
FW3401114.SRDUP, 34.00%, 09/06/2027 (a)(r)	Upstart		09/09/2022		3,480		3,385		3,465
FW3401125.SRDUP, 26.30%, 09/06/2027 (a)(r)	Upstart		09/09/2022		5,200		5,062		5,143
FW3401153.SRDUP, 30.81%, 02/06/2028 (a)(o)(r)	Upstart		09/09/2022		1,075		1,043		213
FW3401342.SRDUP, 27.85%, 09/06/2025 (a)(o)(r)	Upstart		09/09/2022		1,666		1,630		1,643
FW3401466.SRDUP, 28.93%, 09/06/2027 (a)(r)	Upstart		09/09/2022		4,426		4,309		4,389
FW3401482.SRDUP, 34.37%, 02/06/2028 (a)(o)(r)	Upstart		09/09/2022		5,793		5,619		1,714
FW3401543.SRDUP, 30.71%, 09/06/2027 (a)(r)	Upstart		09/09/2022		979		953		977
FW3401732.SRDUP, 34.63%, 09/06/2027 (a)(r)	Upstart		09/09/2022		11,695		11,378		11,650
FW3401741.SRDUP, 32.70%, 09/06/2027 (a)(r)	Upstart		09/09/2022		2,059		2,004		2,053
FW3401844.SRDUP, 13.55%, 09/06/2027 (a)(r)	Upstart		09/09/2022		1,535		1,496		1,525
FW3401923.SRDUP, 29.26%, 09/06/2025 (a)(r)	Upstart		09/09/2022		4,846		4,721		4,770
FW3402005.SRDUP, 33.56%, 09/06/2027 (a)(o)(r)	Upstart		09/09/2022		2,799		2,723		2,785
FW3402025.SRDUP, 26.61%, 09/06/2025 (a)(o)(r)	Upstart		09/09/2022		3,672		3,593		3,618
FW3402068.SRDUP, 18.67%, 09/12/2027 (a)(o)(r)	Upstart		09/09/2022		2,572		2,495		379
FW3402095.SRDUP, 33.38%, 09/06/2027 (a)(o)(r)	Upstart		09/09/2022		4,987		4,838		2,637
FW3402261.SRDUP, 34.43%, 09/15/2027 (a)(o)(r)	Upstart		09/09/2022		5,889		5,714		5,844
FW3402447.SRDUP, 15.12%, 09/06/2025 (a)(o)(r)	Upstart		09/09/2022		2,077		2,026		2,065
FW3402478.SRDUP, 34.66%, 09/06/2027 (a)(r)	Upstart		09/09/2022		10,536		10,251		10,497
FW3402560.SRDUP, 29.71%, 09/06/2027 (a)(r)	Upstart		09/09/2022		21,667		21,090		21,615
FW3402644.SRDUP, 30.58%, 09/06/2027 (a)(r)	Upstart		09/09/2022		16,025		15,597		15,950
FW3402647.SRDUP, 18.09%, 09/06/2027 (a)(r)	Upstart		09/09/2022		23,261		22,669		23,074
FW3479023.SRDUP, 29.93%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,150		2,092		2,151
FW3496038.SRDUP, 18.33%, 10/13/2025 (a)(r)	Upstart		10/18/2022		614		600		608
FW3497901.SRDUP, 17.34%, 10/13/2027 (a)(r)	Upstart		10/18/2022		13,037		12,700		12,941
FW3499212.SRDUP, 25.91%, 10/13/2025 (a)(r)	Upstart		10/18/2022		6,355		6,214		6,323
FW3499282.SRDUP, 25.60%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,578		9,323		9,599
FW3499318.SRDUP, 27.64%, 10/13/2027 (a)(r)	Upstart		10/18/2022		7,949		7,715		7,896
FW3499323.SRDUP, 24.17%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,490		1,450		1,482
FW3499342.SRDUP, 29.93%, 10/13/2027 (a)(r)	Upstart		10/18/2022		6,100		5,958		6,104
FW3499546.SRDUP, 25.80%, 10/22/2027 (a)(o)(r)	Upstart		10/18/2022		3,959		3,855		3,963
FW3499634.SRDUP, 24.31%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,032		1,978		2,022
FW3499705.SRDUP, 29.21%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		1,309		1,269		390
FW3499709.SRDUP, 23.87%, 03/13/2028 (a)(o)(r)	Upstart		10/18/2022		1,434		1,393		1,426
FW3499754.SRDUP, 27.16%, 03/20/2026 (a)(o)(r)	Upstart		10/18/2022		1,304		1,265		83
FW3499772.SRDUP, 28.67%, 10/13/2027 (a)(r)	Upstart		10/18/2022		6,982		6,794		6,989
FW3499814.SRDUP, 29.62%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		2,050		1,991		2,051
FW3499818.SRDUP, 19.72%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,958		2,881		2,937
FW3499836.SRDUP, 20.93%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,898		2,822		2,885
FW3499839.SRDUP, 29.37%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,345		1,309		1,344
FW3499853.SRDUP, 29.93%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,156		2,098		2,153
FW3499856.SRDUP, 26.88%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,048		1,993		2,051
FW3499873.SRDUP, 29.53%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,257		1,223		1,255
FW3499876.SRDUP, 23.10%, 10/13/2027 (a)(r)	Upstart		10/18/2022		36,372		35,414		36,183
FW3499879.SRDUP, 17.31%, 10/13/2027 (a)(r)	Upstart		10/18/2022		6,717		6,564		6,670
FW3499882.SRDUP, 25.15%, 10/13/2025 (a)(r)	Upstart		10/18/2022		9,441		9,232		9,330
FW3499923.SRDUP, 29.63%, 10/13/2027 (a)(r)	Upstart		10/18/2022		5,834		5,677		5,838
FW3499968.SRDUP, 19.82%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,473		3,382		3,451

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

106

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT			COST		VALUE
United States - 4.5% (continued)
FW3499977.SRDUP, 11.97%, 10/13/2027 (a)(r)	Upstart		10/18/2022	$	6,757		$	6,586	$	6,723
FW3499993.SRDUP, 18.48%, 10/13/2027 (a)(r)	Upstart		10/18/2022		5,802	��		5,652		5,758
FW3500035.SRDUP, 28.37%, 10/13/2027 (a)(r)	Upstart		10/18/2022		32,365			31,394		32,402
FW3500039.SRDUP, 29.98%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,168			1,140		1,166
FW3500053.SRDUP, 6.00%, 10/13/2025 (a)(o)(r)	Upstart		10/18/2022		1,779			1,736		1,758
FW3500123.SRDUP, 27.89%, 03/13/2028 (a)(o)(r)	Upstart		10/18/2022		9,129			8,856		9,111
FW3500131.SRDUP, 15.16%, 10/13/2027 (a)(r)	Upstart		10/18/2022		23,781			23,173		23,609
FW3500176.SRDUP, 29.93%, 10/13/2027 (a)(r)	Upstart		10/18/2022		4,851			4,720		4,811
FW3500211.SRDUP, 12.15%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,479			9,265		9,429
FW3500223.SRDUP, 25.75%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,484			2,418		2,472
FW3500263.SRDUP, 12.51%, 10/13/2027 (a)(r)	Upstart		10/18/2022		12,699			12,378		12,631
FW3500283.SRDUP, 29.57%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,436			1,397		1,423
FW3500296.SRDUP, 21.42%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,128			2,072		2,112
FW3500297.SRDUP, 18.45%, 10/13/2027 (a)(r)	Upstart		10/18/2022		19,308			18,808		19,171
FW3500298.SRDUP, 29.50%, 10/13/2027 (a)(r)	Upstart		10/18/2022		987			963		986
FW3500322.SRDUP, 19.73%, 10/13/2027 (a)(r)	Upstart		10/18/2022		13,917			13,554		13,832
FW3500327.SRDUP, 29.67%, 10/13/2027 (a)(r)	Upstart		10/18/2022		14,004			13,627		14,014
FW3500335.SRDUP, 26.54%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		3,558			3,463		3,536
FW3500340.SRDUP, 23.58%, 10/13/2025 (a)(r)	Upstart		10/18/2022		4,435			4,338		4,413
FW3500342.SRDUP, 20.29%, 10/13/2027 (a)(r)	Upstart		10/18/2022		21,787			21,219		21,652
FW3500372.SRDUP, 23.00%, 10/13/2027 (a)(r)	Upstart		10/18/2022		11,786			11,512		11,725
FW3500397.SRDUP, 29.48%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,589			3,492		3,584
FW3500398.SRDUP, 16.89%, 10/13/2025 (a)(r)	Upstart		10/18/2022		4,324			4,232		4,310
FW3500435.SRDUP, 29.64%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,706			1,660		1,703
FW3500450.SRDUP, 27.44%, 10/25/2027 (a)(r)	Upstart		10/18/2022		5,411			5,267		5,403
FW3500464.SRDUP, 25.56%, 10/13/2025 (a)(r)	Upstart		10/18/2022		1,693			1,655		1,672
FW3500490.SRDUP, 26.51%, 10/13/2027 (a)(r)	Upstart		10/18/2022		11,555			11,247		11,576
FW3500521.SRDUP, 24.81%, 10/13/2025 (a)(r)	Upstart		10/18/2022		2,084			2,038		2,074
FW3500523.SRDUP, 27.39%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,675			2,604		2,652
FW3500536.SRDUP, 12.55%, 10/13/2027 (a)(r)	Upstart		10/18/2022		12,409			12,095		12,343
FW3500545.SRDUP, 28.98%, 10/28/2027 (a)(r)	Upstart		10/18/2022		24,455			23,805		24,299
FW3500552.SRDUP, 23.27%, 10/13/2025 (a)(o)(r)	Upstart		10/18/2022		4,386			4,254		646
FW3500553.SRDUP, 27.33%, 10/13/2025 (a)(r)	Upstart		10/18/2022		1,428			1,396		1,406
FW3500560.SRDUP, 28.60%, 10/13/2027 (a)(r)	Upstart		10/18/2022		19,822			19,289		19,830
FW3500575.SRDUP, 25.61%, 10/13/2027 (a)(r)	Upstart		10/18/2022		5,322			5,180		5,289
FW3500577.SRDUP, 22.11%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,646			9,393		9,574
FW3500578.SRDUP, 16.33%, 10/13/2027 (a)(r)	Upstart		10/18/2022		14,559			14,185		14,458
FW3500590.SRDUP, 22.38%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,335			3,248		3,310
FW3500595.SRDUP, 27.47%, 10/13/2025 (a)(r)	Upstart		10/18/2022		749			732		740
FW3500596.SRDUP, 30.01%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,954			3,847		3,956
FW3500598.SRDUP, 25.42%, 10/13/2027 (a)(r)	Upstart		10/18/2022		39,062			38,022		38,839
FW3500603.SRDUP, 29.08%, 10/13/2027 (a)(r)	Upstart		10/18/2022		13,443			13,081		13,455
FW3500616.SRDUP, 18.76%, 10/13/2025 (a)(r)	Upstart		10/18/2022		10,897			10,663		10,814
FW3500621.SRDUP, 29.79%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,706			1,660		1,704
FW3500623.SRDUP, 24.79%, 10/13/2025 (a)(o)(r)	Upstart		10/18/2022		3,457			3,381		3,265
FW3500625.SRDUP, 27.39%, 10/13/2025 (a)(r)	Upstart		10/18/2022		827			809		818
FW3500650.SRDUP, 28.87%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		5,370			5,220		5,374
FW3500656.SRDUP, 34.46%, 03/13/2028 (a)(r)	Upstart		10/18/2022		6,959			6,764		6,972
FW3500703.SRDUP, 28.02%, 10/13/2027 (a)(r)	Upstart		10/18/2022		10,453			10,173		10,466
FW3500705.SRDUP, 30.08%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		18,244			17,752		17,290
FW3500721.SRDUP, 29.74%, 10/13/2027 (a)(r)	Upstart		10/18/2022		45,117			43,899		45,085
FW3500728.SRDUP, 23.77%, 10/13/2025 (a)(o)(r)	Upstart		10/18/2022		3,657			3,548		751
FW3500732.SRDUP, 24.30%, 03/13/2028 (a)(o)(r)	Upstart		10/18/2022		6,407			6,215		1,698
FW3500736.SRDUP, 30.01%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		1,438			1,396		1,436
FW3500743.SRDUP, 24.10%, 10/13/2027 (a)(r)	Upstart		10/18/2022		13,814			13,492		13,740
FW3500761.SRDUP, 22.35%, 10/13/2025 (a)(o)(r)	Upstart		10/18/2022		3,368			3,294		3,196
FW3500765.SRDUP, 23.74%, 03/13/2028 (a)(o)(r)	Upstart		10/18/2022		15,743			15,274		15,692

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

107

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3500768.SRDUP, 29.79%, 08/13/2028 (a)(o)(r)	Upstart		10/18/2022	$	1,093	$	1,061	$	1,090
FW3500778.SRDUP, 26.15%, 10/13/2025 (a)(r)	Upstart		10/18/2022		3,733		3,650		3,690
FW3500793.SRDUP, 30.02%, 10/13/2027 (a)(r)	Upstart		10/18/2022		801		779		788
FW3500796.SRDUP, 24.93%, 10/13/2025 (a)(r)	Upstart		10/18/2022		5,215		5,100		5,138
FW3500804.SRDUP, 24.54%, 10/13/2025 (a)(r)	Upstart		10/18/2022		744		727		735
FW3500812.SRDUP, 27.42%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,988		9,721		9,910
FW3500921.SRDUP, 12.21%, 10/13/2025 (a)(r)	Upstart		10/18/2022		1,624		1,591		1,608
FW3500941.SRDUP, 22.77%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		1,536		1,496		1,528
FW3500943.SRDUP, 27.44%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,991		9,724		9,925
FW3500951.SRDUP, 29.33%, 10/13/2027 (a)(r)	Upstart		10/18/2022		4,484		4,363		4,478
FW3500994.SRDUP, 29.27%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		887		860		267
FW3501022.SRDUP, 11.80%, 10/13/2027 (a)(r)	Upstart		10/18/2022		37,558		36,612		37,369
FW3501027.SRDUP, 27.51%, 10/13/2027 (a)(r)	Upstart		10/18/2022		16,860		16,461		16,884
FW3501054.SRDUP, 27.15%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,802		9,540		9,796
FW3501071.SRDUP, 27.32%, 03/13/2028 (a)(o)(r)	Upstart		10/18/2022		13,250		12,881		13,210
FW3501080.SRDUP, 28.48%, 10/13/2027 (a)(r)	Upstart		10/18/2022		36,859		35,869		36,900
FW3501100.SRDUP, 22.14%, 10/13/2027 (a)(r)	Upstart		10/18/2022		15,611		15,201		15,495
FW3501118.SRDUP, 28.50%, 10/13/2027 (a)(r)	Upstart		10/18/2022		4,012		3,904		4,015
FW3501127.SRDUP, 21.19%, 10/13/2025 (a)(r)	Upstart		10/18/2022		734		718		728
FW3501142.SRDUP, 29.97%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		1,038		1,010		1,035
FW3501162.SRDUP, 26.17%, 10/13/2027 (a)(r)	Upstart		10/18/2022		6,663		6,486		6,661
FW3501180.SRDUP, 16.17%, 10/13/2027 (a)(r)	Upstart		10/18/2022		20,177		19,659		20,039
FW3501197.SRDUP, 29.09%, 10/22/2027 (a)(o)(r)	Upstart		10/18/2022		1,109		1,079		1,048
FW3501227.SRDUP, 30.05%, 08/13/2028 (a)(o)(r)	Upstart		10/18/2022		2,574		2,497		2,579
FW3501229.SRDUP, 26.78%, 10/13/2027 (a)(r)	Upstart		10/18/2022		9,969		9,703		9,986
FW3501251.SRDUP, 18.41%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		10,726		10,404		2,730
FW3501258.SRDUP, 29.73%, 10/13/2027 (a)(r)	Upstart		10/18/2022		988		961		986
FW3501262.SRDUP, 29.26%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,690		2,618		2,692
FW3501264.SRDUP, 26.76%, 10/13/2027 (a)(r)	Upstart		10/18/2022		5,359		5,216		5,358
FW3501289.SRDUP, 29.85%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,964		2,884		2,966
FW3501295.SRDUP, 29.80%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,790		1,741		1,790
FW3501303.SRDUP, 29.89%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,599		2,537		2,600
FW3501308.SRDUP, 28.56%, 10/13/2027 (a)(r)	Upstart		10/18/2022		5,995		5,834		6,002
FW3501310.SRDUP, 29.70%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		1,078		1,046		1,076
FW3501329.SRDUP, 27.65%, 10/13/2027 (a)(r)	Upstart		10/18/2022		8,024		7,812		8,035
FW3501338.SRDUP, 29.94%, 10/13/2027 (a)(r)	Upstart		10/18/2022		10,575		10,290		10,506
FW3501368.SRDUP, 24.11%, 03/13/2028 (a)(o)(r)	Upstart		10/18/2022		14,080		13,677		14,017
FW3501398.SRDUP, 21.49%, 08/13/2028 (a)(o)(r)	Upstart		10/18/2022		45,444		44,142		45,245
FW3535092.SRDUP, 27.39%, 11/01/2025 (a)(r)	Upstart		11/04/2022		2,948		2,881		2,911
FW3537005.SRDUP, 21.95%, 11/01/2027 (a)(r)	Upstart		11/04/2022		8,719		8,489		8,613
FW3541387.SRDUP, 28.86%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,086		1,057		1,077
FW3541513.SRDUP, 26.16%, 11/01/2027 (a)(r)	Upstart		11/04/2022		7,190		6,997		7,260
FW3541727.SRDUP, 29.20%, 11/01/2027 (a)(r)	Upstart		11/04/2022		906		881		892
FW3541732.SRDUP, 25.48%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		4,205		4,091		4,234
FW3541734.SRDUP, 29.95%, 11/01/2027 (a)(r)	Upstart		11/04/2022		5,354		5,208		5,393
FW3541759.SRDUP, 28.62%, 11/01/2027 (a)(r)	Upstart		11/04/2022		4,522		4,399		4,558
FW3541761.SRDUP, 24.28%, 11/01/2027 (a)(r)	Upstart		11/04/2022		4,471		4,352		4,438
FW3541801.SRDUP, 29.59%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		18,301		17,773		18,412
FW3541814.SRDUP, 25.10%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		4,022		3,916		4,063
FW3541830.SRDUP, 29.82%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		1,771		1,719		1,778
FW3541847.SRDUP, 28.38%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,992		1,938		2,005
FW3541863.SRDUP, 22.30%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,218		6,054		6,132
FW3541903.SRDUP, 20.10%, 11/01/2027 (a)(r)	Upstart		11/04/2022		4,853		4,740		4,787
FW3541925.SRDUP, 29.58%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,194		1,163		622
FW3541940.SRDUP, 27.95%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		906		880		912
FW3541943.SRDUP, 30.08%, 11/01/2027 (a)(r)	Upstart		11/04/2022		5,452		5,303		5,475
FW3541987.SRDUP, 26.90%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		10,804		10,503		10,730

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

108

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3541991.SRDUP, 33.42%, 11/01/2027 (a)(r)	Upstart		11/04/2022	$	2,563	$	2,501	$	2,576
FW3541994.SRDUP, 25.07%, 11/08/2027 (a)(o)(r)	Upstart		11/04/2022		2,096		2,033		991
FW3542009.SRDUP, 26.08%, 11/01/2027 (a)(r)	Upstart		11/04/2022		17,963		17,481		18,137
FW3542010.SRDUP, 25.74%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,794		1,746		1,812
FW3542062.SRDUP, 27.08%, 11/01/2025 (a)(r)	Upstart		11/04/2022		1,470		1,441		1,463
FW3542090.SRDUP, 29.80%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		3,098		3,005		345
FW3542143.SRDUP, 29.91%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		6,917		6,734		621
FW3542154.SRDUP, 25.14%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,865		1,809		173
FW3542156.SRDUP, 24.72%, 11/01/2027 (a)(r)	Upstart		11/04/2022		44,735		43,540		44,430
FW3542159.SRDUP, 22.35%, 11/01/2025 (a)(o)(r)	Upstart		11/04/2022		4,113		3,998		4,081
FW3542218.SRDUP, 28.57%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,447		1,408		1,458
FW3542250.SRDUP, 26.82%, 11/01/2025 (a)(o)(r)	Upstart		11/04/2022		1,237		1,209		1,232
FW3542288.SRDUP, 21.13%, 11/01/2027 (a)(r)	Upstart		11/04/2022		8,337		8,117		8,232
FW3542290.SRDUP, 29.36%, 11/01/2027 (a)(r)	Upstart		11/04/2022		997		970		988
FW3542294.SRDUP, 29.73%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,237		1,204		1,236
FW3542328.SRDUP, 18.66%, 11/01/2027 (a)(r)	Upstart		11/04/2022		11,242		10,948		11,110
FW3542332.SRDUP, 25.85%, 11/01/2027 (a)(r)	Upstart		11/04/2022		7,180		6,988		7,128
FW3542345.SRDUP, 22.07%, 11/01/2025 (a)(o)(r)	Upstart		11/04/2022		3,044		2,977		3,015
FW3542352.SRDUP, 25.74%, 11/01/2027 (a)(r)	Upstart		11/04/2022		4,361		4,243		4,392
FW3542357.SRDUP, 28.49%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		5,721		5,553		5,746
FW3542364.SRDUP, 27.25%, 11/01/2025 (a)(r)	Upstart		11/04/2022		3,484		3,405		3,468
FW3542366.SRDUP, 22.33%, 11/01/2027 (a)(r)	Upstart		11/04/2022		5,775		5,622		5,741
FW3542370.SRDUP, 25.35%, 11/01/2025 (a)(r)	Upstart		11/04/2022		1,538		1,504		1,532
FW3542378.SRDUP, 27.38%, 04/01/2026 (a)(r)	Upstart		11/04/2022		2,135		2,081		2,107
FW3542396.SRDUP, 17.86%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		26,442		25,672		26,126
FW3542405.SRDUP, 21.30%, 11/01/2025 (a)(r)	Upstart		11/04/2022		723		701		710
FW3542407.SRDUP, 24.57%, 11/01/2027 (a)(r)	Upstart		11/04/2022		11,626		11,352		11,548
FW3542413.SRDUP, 30.00%, 11/02/2027 (a)(r)	Upstart		11/07/2022		4,265		4,150		4,299
FW3542419.SRDUP, 13.60%, 11/01/2025 (a)(r)	Upstart		11/04/2022		1,104		1,080		1,090
FW3542431.SRDUP, 12.92%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,443		6,279		6,418
FW3542470.SRDUP, 28.64%, 11/02/2027 (a)(r)	Upstart		11/07/2022		5,698		5,544		5,747
FW3542479.SRDUP, 29.50%, 11/01/2027 (a)(r)	Upstart		11/04/2022		997		970		1,005
FW3542496.SRDUP, 30.06%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		2,150		2,086		1,111
FW3542538.SRDUP, 28.16%, 11/01/2027 (a)(r)	Upstart		11/04/2022		3,440		3,347		3,410
FW3542581.SRDUP, 24.40%, 11/01/2027 (a)(r)	Upstart		11/04/2022		2,684		2,605		2,664
FW3542600.SRDUP, 23.55%, 11/01/2025 (a)(r)	Upstart		11/04/2022		4,280		4,184		4,266
FW3542603.SRDUP, 27.86%, 11/01/2027 (a)(r)	Upstart		11/04/2022		8,032		7,815		8,101
FW3542644.SRDUP, 28.00%, 11/02/2027 (a)(r)	Upstart		11/07/2022		1,625		1,581		1,613
FW3542651.SRDUP, 29.78%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,401		1,359		110
FW3542659.SRDUP, 27.95%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,845		1,790		539
FW3542662.SRDUP, 12.00%, 11/01/2027 (a)(r)	Upstart		11/04/2022		2,575		2,509		2,561
FW3542663.SRDUP, 27.14%, 11/01/2025 (a)(r)	Upstart		11/04/2022		359		351		352
FW3542669.SRDUP, 28.32%, 11/01/2027 (a)(r)	Upstart		11/04/2022		20,151		19,607		19,985
FW3542719.SRDUP, 19.30%, 11/02/2025 (a)(r)	Upstart		11/07/2022		5,041		4,930		5,004
FW3542728.SRDUP, 27.25%, 11/02/2027 (a)(o)(r)	Upstart		11/07/2022		5,547		5,387		5,588
FW3542735.SRDUP, 12.79%, 11/02/2025 (a)(r)	Upstart		11/07/2022		4,915		4,810		4,855
FW3542770.SRDUP, 28.90%, 11/02/2027 (a)(r)	Upstart		11/07/2022		17,018		16,610		17,115
FW3542839.SRDUP, 25.58%, 11/02/2027 (a)(r)	Upstart		11/07/2022		10,045		9,776		9,977
FW3542860.SRDUP, 17.01%, 11/02/2027 (a)(r)	Upstart		11/07/2022		4,367		4,254		4,318
FW3542869.SRDUP, 17.18%, 11/02/2027 (a)(o)(r)	Upstart		11/07/2022		13,115		12,772		12,960
FW3542892.SRDUP, 24.60%, 11/02/2025 (a)(r)	Upstart		11/07/2022		1,576		1,541		1,565
FW3542901.SRDUP, 29.75%, 11/02/2027 (a)(r)	Upstart		11/07/2022		1,995		1,947		2,011
FW3542904.SRDUP, 29.17%, 11/02/2027 (a)(r)	Upstart		11/07/2022		4,528		4,419		4,566
FW3542909.SRDUP, 27.18%, 11/02/2027 (a)(r)	Upstart		11/07/2022		13,296		12,938		13,407
FW3542919.SRDUP, 22.51%, 11/02/2027 (a)(r)	Upstart		11/07/2022		2,044		1,990		2,017
FW3542920.SRDUP, 27.40%, 11/02/2025 (a)(r)	Upstart		11/07/2022		939		918		930
FW3542935.SRDUP, 26.79%, 11/02/2027 (a)(r)	Upstart		11/07/2022		30,056		29,248		29,838

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

109

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3542964.SRDUP, 25.68%, 11/02/2027 (a)(r)	Upstart		11/07/2022	$	4,486	$	4,365	$	4,533
FW3542972.SRDUP, 14.72%, 11/02/2027 (a)(r)	Upstart		11/07/2022		5,200		5,066		5,142
FW3542975.SRDUP, 25.31%, 11/02/2025 (a)(o)(r)	Upstart		11/07/2022		3,478		3,400		3,456
FW3542980.SRDUP, 20.84%, 11/08/2027 (a)(r)	Upstart		11/07/2022		24,721		24,070		24,424
FW3543000.SRDUP, 29.99%, 11/02/2027 (a)(o)(r)	Upstart		11/07/2022		1,359		1,322		1,370
FW3543018.SRDUP, 29.18%, 11/02/2027 (a)(r)	Upstart		11/07/2022		1,358		1,322		1,341
FW3543025.SRDUP, 16.35%, 11/02/2025 (a)(r)	Upstart		11/07/2022		744		728		739
FW3543028.SRDUP, 18.55%, 11/02/2025 (a)(r)	Upstart		11/07/2022		4,652		4,550		4,625
FW3543040.SRDUP, 29.29%, 11/02/2027 (a)(o)(r)	Upstart		11/07/2022		14,139		13,715		2,081
FW3543051.SRDUP, 28.86%, 11/02/2027 (a)(o)(r)	Upstart		11/07/2022		7,308		7,089		2,137
FW3543054.SRDUP, 25.59%, 11/02/2027 (a)(r)	Upstart		11/07/2022		26,190		25,488		26,012
FW3543067.SRDUP, 23.02%, 11/02/2027 (a)(r)	Upstart		11/07/2022		1,781		1,733		1,756
FW3543083.SRDUP, 12.55%, 11/02/2027 (a)(r)	Upstart		11/07/2022		19,778		19,273		19,678
FW3543119.SRDUP, 25.49%, 11/17/2025 (a)(r)	Upstart		11/07/2022		2,300		2,248		2,284
FW3903662.SRDUP, 25.51%, 08/04/2028 (a)(r)	Upstart		08/09/2023		28,020		27,881		27,708
FW3904151.SRDUP, 28.76%, 08/02/2028 (a)(r)	Upstart		08/07/2023		28,359		28,218		27,811
FW3907323.SRDUP, 23.24%, 08/03/2028 (a)(r)	Upstart		08/08/2023		22,081		21,971		21,640
FW3909774.SRDUP, 28.77%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,083		1,078		1,062
FW3909790.SRDUP, 28.77%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		1,182		1,176		583
FW3909802.SRDUP, 28.42%, 08/16/2028 (a)(r)	Upstart		08/07/2023		1,477		1,469		1,448
FW3909817.SRDUP, 14.88%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		15,550		15,474		15,414
FW3909823.SRDUP, 25.67%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,672		1,663		1,640
FW3909825.SRDUP, 17.54%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,723		1,715		1,708
FW3909828.SRDUP, 22.21%, 08/02/2028 (a)(r)	Upstart		08/07/2023		27,972		27,833		27,572
FW3909839.SRDUP, 27.74%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,276		1,270		1,245
FW3909860.SRDUP, 26.63%, 08/02/2028 (a)(r)	Upstart		08/07/2023		14,325		14,254		14,007
FW3909867.SRDUP, 26.48%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,869		7,830		7,756
FW3909883.SRDUP, 24.85%, 08/02/2026 (a)(r)	Upstart		08/07/2023		3,655		3,637		3,574
FW3909903.SRDUP, 27.62%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,181		1,175		1,158
FW3909916.SRDUP, 30.14%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,660		2,647		2,609
FW3909923.SRDUP, 20.92%, 08/02/2028 (a)(r)	Upstart		08/07/2023		33,445		33,279		32,968
FW3909927.SRDUP, 28.85%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,083		1,078		1,062
FW3909936.SRDUP, 24.94%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,914		4,890		4,820
FW3909942.SRDUP, 26.74%, 08/02/2028 (a)(r)	Upstart		08/07/2023		14,745		14,672		14,440
FW3909962.SRDUP, 28.19%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,477		1,469		1,448
FW3909983.SRDUP, 28.28%, 08/02/2028 (a)(r)	Upstart		08/07/2023		26,876		26,742		26,357
FW3909987.SRDUP, 23.11%, 08/02/2028 (a)(r)	Upstart		08/07/2023		23,774		23,655		23,351
FW3909990.SRDUP, 20.42%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,765		1,763		1,745
FW3910012.SRDUP, 23.49%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,997		1,987		1,976
FW3910020.SRDUP, 25.71%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,443		1,436		1,423
FW3910025.SRDUP, 17.69%, 08/02/2028 (a)(r)	Upstart		08/07/2023		6,461		6,429		6,415
FW3910041.SRDUP, 28.47%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,544		3,527		3,476
FW3910054.SRDUP, 28.39%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,529		4,506		4,441
FW3910073.SRDUP, 28.67%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,877		7,838		7,725
FW3910081.SRDUP, 28.86%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,674		1,666		1,642
FW3910114.SRDUP, 16.81%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,870		2,856		2,845
FW3910117.SRDUP, 28.02%, 08/17/2028 (a)(o)(r)	Upstart		08/07/2023		2,277		2,265		2,234
FW3910145.SRDUP, 25.69%, 08/02/2028 (a)(r)	Upstart		08/07/2023		18,655		18,562		18,324
FW3910149.SRDUP, 22.37%, 08/02/2026 (a)(r)	Upstart		08/07/2023		5,278		5,253		5,196
FW3910150.SRDUP, 24.55%, 08/02/2026 (a)(r)	Upstart		08/07/2023		5,250		5,226		5,113
FW3910153.SRDUP, 28.37%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,967		1,958		1,926
FW3910164.SRDUP, 24.25%, 08/02/2026 (a)(r)	Upstart		08/07/2023		4,807		4,784		4,740
FW3910178.SRDUP, 16.87%, 08/02/2028 (a)(r)	Upstart		08/07/2023		9,698		9,651		9,612
FW3910184.SRDUP, 28.77%, 08/02/2028 (a)(r)	Upstart		08/07/2023		984		979		963
FW3910185.SRDUP, 15.74%, 08/02/2028 (a)(r)	Upstart		08/07/2023		14,667		14,595		14,562
FW3910191.SRDUP, 29.38%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,016		1,011		992
FW3910197.SRDUP, 16.66%, 08/02/2028 (a)(r)	Upstart		08/07/2023		11,740		11,683		11,656

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

110

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3910219.SRDUP, 28.37%, 08/02/2028 (a)(r)	Upstart		08/07/2023	$	4,726	$	4,702	$	4,634
FW3910232.SRDUP, 27.68%, 08/02/2028 (a)(r)	Upstart		08/07/2023		15,255		15,179		15,035
FW3910244.SRDUP, 20.90%, 08/02/2026 (a)(r)	Upstart		08/07/2023		3,358		3,342		3,311
FW3910270.SRDUP, 28.66%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,772		1,763		1,747
FW3910278.SRDUP, 24.79%, 08/02/2028 (a)(r)	Upstart		08/07/2023		12,777		12,713		12,593
FW3910304.SRDUP, 25.71%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,296		1,289		1,262
FW3910396.SRDUP, 26.14%, 08/02/2028 (a)(r)	Upstart		08/07/2023		10,326		10,275		10,178
FW3910397.SRDUP, 30.32%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,088		1,082		1,067
FW3910426.SRDUP, 28.49%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,157		1,151		1,131
FW3910507.SRDUP, 23.63%, 08/02/2026 (a)(r)	Upstart		08/07/2023		5,478		5,452		5,402
FW3910584.SRDUP, 23.46%, 08/02/2028 (a)(r)	Upstart		08/07/2023		44,196		43,976		43,562
FW3910608.SRDUP, 22.13%, 08/03/2028 (a)(r)	Upstart		08/08/2023		3,926		3,906		3,871
FW3910644.SRDUP, 23.16%, 08/02/2026 (a)(o)(r)	Upstart		08/07/2023		3,000		2,985		842
FW3910652.SRDUP, 14.50%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,910		1,901		1,898
FW3910687.SRDUP, 18.34%, 08/02/2028 (a)(r)	Upstart		08/07/2023		11,165		11,110		11,084
FW3910704.SRDUP, 24.23%, 08/02/2028 (a)(r)	Upstart		08/07/2023		9,531		9,483		9,348
FW3910740.SRDUP, 23.28%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,400		2,389		2,363
FW3910763.SRDUP, 29.06%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,280		1,274		1,256
FW3910782.SRDUP, 28.83%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,181		1,175		1,156
FW3910897.SRDUP, 28.43%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,674		1,665		1,641
FW3910936.SRDUP, 17.18%, 08/02/2028 (a)(r)	Upstart		08/07/2023		6,814		6,781		6,748
FW3910997.SRDUP, 20.31%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,843		2,829		2,810
FW3911028.SRDUP, 14.95%, 08/02/2028 (a)(r)	Upstart		08/07/2023		5,375		5,349		5,337
FW3911077.SRDUP, 17.74%, 08/07/2026 (a)(r)	Upstart		08/07/2023		2,872		2,858		2,847
FW3911096.SRDUP, 27.27%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,170		1,165		1,146
FW3911176.SRDUP, 28.77%, 08/02/2028 (a)(r)	Upstart		08/07/2023		16,445		16,362		16,206
FW3911228.SRDUP, 26.06%, 08/02/2028 (a)(r)	Upstart		08/07/2023		9,820		9,771		9,616
FW3911452.SRDUP, 29.94%, 08/02/2028 (a)(r)	Upstart		08/07/2023		985		980		966
FW3911485.SRDUP, 26.15%, 08/03/2028 (a)(o)(r)	Upstart		08/08/2023		4,386		4,364		4,295
FW3911503.SRDUP, 28.50%, 08/03/2028 (a)(o)(r)	Upstart		08/08/2023		5,262		5,236		2,588
FW3911505.SRDUP, 25.70%, 08/03/2026 (a)(r)	Upstart		08/08/2023		4,042		4,022		3,986
FW3911520.SRDUP, 23.28%, 08/03/2026 (a)(r)	Upstart		08/08/2023		5,477		5,450		5,402
FW3911549.SRDUP, 13.22%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,872		2,858		2,857
FW3911585.SRDUP, 28.61%, 08/03/2028 (a)(r)	Upstart		08/08/2023		16,485		16,402		16,141
FW3911654.SRDUP, 28.54%, 08/03/2028 (a)(r)	Upstart		08/08/2023		8,665		8,621		8,502
FW3911655.SRDUP, 26.17%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,967		1,957		1,930
FW3911700.SRDUP, 28.82%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,122		1,117		1,093
FW3911710.SRDUP, 27.06%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,747		1,739		1,711
FW3911724.SRDUP, 28.00%, 08/03/2026 (a)(r)	Upstart		08/08/2023		2,102		2,092		2,050
FW3911734.SRDUP, 21.53%, 08/03/2028 (a)(r)	Upstart		08/08/2023		3,434		3,417		3,395
FW3911754.SRDUP, 28.55%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,674		1,665		1,642
FW3911901.SRDUP, 20.24%, 08/03/2028 (a)(r)	Upstart		08/08/2023		4,902		4,878		4,847
FW3911985.SRDUP, 28.24%, 08/03/2028 (a)(o)(r)	Upstart		08/08/2023		1,772		1,763		261
FW3911995.SRDUP, 29.91%, 08/03/2028 (a)(r)	Upstart		08/08/2023		26,798		26,728		26,293
FW3912008.SRDUP, 23.45%, 08/03/2028 (a)(r)	Upstart		08/08/2023		9,821		9,773		9,684
FW3912009.SRDUP, 28.31%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,181		1,175		1,159
FW3912249.SRDUP, 26.71%, 08/03/2028 (a)(r)	Upstart		08/08/2023		10,633		10,610		10,434
FW3912567.SRDUP, 28.81%, 08/03/2028 (a)(r)	Upstart		08/08/2023		45,888		45,659		45,239
FW3912981.SRDUP, 27.47%, 08/03/2028 (a)(r)	Upstart		08/08/2023		14,204		14,140		13,979
FW3913029.SRDUP, 28.58%, 08/03/2028 (a)(r)	Upstart		08/08/2023		964		962		944
FW3913051.SRDUP, 28.03%, 08/03/2028 (a)(r)	Upstart		08/08/2023		3,150		3,134		3,091
FW3913062.SRDUP, 19.04%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,052		1,047		1,038
FW3913149.SRDUP, 28.30%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,156		9,110		8,989
FW3913160.SRDUP, 24.43%, 08/04/2026 (a)(r)	Upstart		08/09/2023		1,346		1,340		1,328
FW3913164.SRDUP, 27.55%, 08/04/2026 (a)(r)	Upstart		08/09/2023		1,858		1,849		1,812
FW3913197.SRDUP, 29.84%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,778		14,704		14,508
FW3913202.SRDUP, 28.26%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,922		4,898		4,833

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

111

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3913234.SRDUP, 25.83%, 08/04/2028 (a)(r)	Upstart		08/09/2023	$	1,180	$	1,174	$	1,159
FW3913257.SRDUP, 27.84%, 08/04/2028 (a)(r)	Upstart		08/09/2023		3,361		3,345		3,291
FW3913260.SRDUP, 28.03%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,765		14,692		14,497
FW3913294.SRDUP, 13.71%, 08/04/2028 (a)(r)	Upstart		08/09/2023		27,343		27,210		27,235
FW3913317.SRDUP, 23.90%, 08/04/2026 (a)(r)	Upstart		08/09/2023		2,206		2,195		2,173
FW3913334.SRDUP, 25.11%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,416		1,409		1,406
FW3913360.SRDUP, 18.96%, 08/04/2026 (a)(r)	Upstart		08/09/2023		3,348		3,344		3,298
FW3913392.SRDUP, 26.53%, 08/04/2028 (a)(r)	Upstart		08/09/2023		44,265		44,044		43,462
FW3913393.SRDUP, 28.28%, 08/04/2026 (a)(r)	Upstart		08/09/2023		2,421		2,409		2,371
FW3913420.SRDUP, 18.80%, 08/04/2026 (a)(r)	Upstart		08/09/2023		3,928		3,909		3,895
FW3913458.SRDUP, 28.58%, 08/04/2028 (a)(r)	Upstart		08/09/2023		985		980		967
FW3913467.SRDUP, 25.66%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,523		4,500		4,441
FW3913483.SRDUP, 28.25%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,306		1,299		1,275
FW3913541.SRDUP, 30.04%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,660		2,647		2,612
FW3913549.SRDUP, 21.56%, 08/04/2028 (a)(r)	Upstart		08/09/2023		6,373		6,342		6,269
FW3913559.SRDUP, 28.77%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,049		2,045		2,021
FW3913574.SRDUP, 24.39%, 08/04/2028 (a)(r)	Upstart		08/09/2023		24,565		24,520		24,229
FW3913577.SRDUP, 22.21%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		17,000		16,915		4,345
FW3913845.SRDUP, 27.67%, 08/04/2026 (a)(r)	Upstart		08/09/2023		5,830		5,802		5,710
FW3913941.SRDUP, 25.75%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,180		1,174		1,159
FW3914335.SRDUP, 22.35%, 08/04/2028 (a)(r)	Upstart		08/09/2023		5,595		5,567		5,519
FW3914457.SRDUP, 24.99%, 08/04/2028 (a)(r)	Upstart		08/09/2023		25,403		25,354		24,905
FW3914563.SRDUP, 29.04%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,462		2,450		2,417
FW3954151.SRDUP, 24.17%, 09/01/2028 (a)(r)	Upstart		09/07/2023		5,527		5,499		5,444
FW3954170.SRDUP, 29.42%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,786		1,777		1,772
FW3954176.SRDUP, 24.45%, 09/01/2028 (a)(r)	Upstart		09/07/2023		8,325		8,283		8,165
FW3954194.SRDUP, 22.30%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,307		6,276		6,222
FW3954219.SRDUP, 29.64%, 09/01/2028 (a)(r)	Upstart		09/07/2023		4,366		4,344		4,280
FW3954238.SRDUP, 25.67%, 09/05/2026 (a)(r)	Upstart		09/08/2023		3,555		3,537		3,502
FW3954271.SRDUP, 15.91%, 09/01/2026 (a)(r)	Upstart		09/07/2023		4,298		4,277		4,271
FW3954298.SRDUP, 26.03%, 09/01/2028 (a)(r)	Upstart		09/07/2023		4,020		4,000		3,941
FW3954338.SRDUP, 18.89%, 09/01/2028 (a)(r)	Upstart		09/07/2023		3,959		3,939		3,912
FW3954340.SRDUP, 25.81%, 09/01/2028 (a)(r)	Upstart		09/07/2023		33,707		33,539		33,054
FW3954375.SRDUP, 30.61%, 09/01/2028 (a)(r)	Upstart		09/07/2023		3,618		3,600		3,545
FW3954377.SRDUP, 28.83%, 09/01/2028 (a)(r)	Upstart		09/07/2023		3,132		3,117		3,070
FW3954388.SRDUP, 28.80%, 09/01/2028 (a)(r)	Upstart		09/07/2023		13,591		13,523		13,325
FW3954472.SRDUP, 24.71%, 09/01/2026 (a)(r)	Upstart		09/07/2023		2,844		2,830		2,782
FW3954483.SRDUP, 28.57%, 09/01/2028 (a)(r)	Upstart		09/07/2023		1,389		1,382		1,362
FW3954538.SRDUP, 29.94%, 09/01/2028 (a)(r)	Upstart		09/07/2023		3,572		3,554		3,502
FW3954565.SRDUP, 28.19%, 09/01/2028 (a)(r)	Upstart		09/07/2023		3,500		3,482		3,434
FW3954570.SRDUP, 31.00%, 09/01/2028 (a)(r)	Upstart		09/07/2023		4,868		4,843		4,767
FW3954931.SRDUP, 28.76%, 09/01/2026 (a)(r)	Upstart		09/07/2023		874		870		853
FW3955057.SRDUP, 24.99%, 09/01/2028 (a)(r)	Upstart		09/07/2023		991		989		972
FW3955805.SRDUP, 29.60%, 09/05/2028 (a)(r)	Upstart		09/08/2023		9,228		9,181		9,067
FW3955825.SRDUP, 26.51%, 09/05/2028 (a)(r)	Upstart		09/08/2023		21,318		21,212		20,951
FW3955827.SRDUP, 29.98%, 09/05/2028 (a)(o)(r)	Upstart		09/08/2023		1,800		1,791		891
FW3955853.SRDUP, 24.31%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,298		11,242		11,148
FW3955871.SRDUP, 20.77%, 09/10/2028 (a)(o)(r)	Upstart		09/08/2023		18,253		18,162		18,056
FW3955878.SRDUP, 23.61%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,296		11,291		11,103
FW3955879.SRDUP, 30.18%, 09/05/2028 (a)(o)(r)	Upstart		09/08/2023		4,764		4,741		4,655
FW3955882.SRDUP, 20.21%, 09/05/2026 (a)(r)	Upstart		09/08/2023		16,747		16,665		16,541
FW3955883.SRDUP, 25.31%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,280		2,269		2,250
FW3955885.SRDUP, 20.21%, 09/05/2028 (a)(r)	Upstart		09/08/2023		988		988		974
FW3955939.SRDUP, 28.58%, 09/20/2028 (a)(r)	Upstart		09/08/2023		2,282		2,270		2,242
FW3955977.SRDUP, 25.26%, 09/05/2026 (a)(r)	Upstart		09/08/2023		981		976		962
FW3955984.SRDUP, 24.06%, 09/05/2028 (a)(r)	Upstart		09/08/2023		16,553		16,470		16,254
FW3956006.SRDUP, 21.70%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,960		1,950		1,935

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

112

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3956033.SRDUP, 29.70%, 09/05/2028 (a)(r)	Upstart		09/08/2023	$	4,068	$	4,048	$	3,997
FW3956036.SRDUP, 24.94%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,079		1,074		1,065
FW3956062.SRDUP, 22.12%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,933		6,899		6,859
FW3956066.SRDUP, 27.42%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,640		6,606		6,525
FW3956078.SRDUP, 24.11%, 09/05/2028 (a)(o)(r)	Upstart		09/08/2023		7,886		7,846		7,748
FW3956097.SRDUP, 24.53%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,225		6,194		6,142
FW3956111.SRDUP, 26.15%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,177		1,172		1,154
FW3956150.SRDUP, 22.26%, 09/05/2028 (a)(r)	Upstart		09/08/2023		24,676		24,553		24,349
FW3956162.SRDUP, 24.71%, 09/05/2028 (a)(r)	Upstart		09/08/2023		35,284		35,108		34,815
FW3956168.SRDUP, 26.91%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,475		2,474		2,432
FW3956185.SRDUP, 23.42%, 09/05/2026 (a)(r)	Upstart		09/08/2023		9,803		9,799		9,681
FW3956211.SRDUP, 29.66%, 09/05/2028 (a)(r)	Upstart		09/08/2023		8,732		8,688		8,579
FW3956240.SRDUP, 24.65%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,478		2,465		2,445
FW3956246.SRDUP, 30.25%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,016		2,006		1,977
FW3956263.SRDUP, 30.04%, 09/05/2028 (a)(r)	Upstart		09/08/2023		992		987		975
FW3956296.SRDUP, 29.97%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,183		2,172		2,145
FW3956309.SRDUP, 22.64%, 09/05/2028 (a)(r)	Upstart		09/08/2023		3,668		3,649		3,639
FW3956315.SRDUP, 26.80%, 09/05/2026 (a)(r)	Upstart		09/08/2023		2,748		2,734		2,693
FW3956330.SRDUP, 29.75%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,047		10,992		10,849
FW3956343.SRDUP, 17.00%, 09/05/2028 (a)(r)	Upstart		09/08/2023		44,510		44,291	��	44,212
FW3956361.SRDUP, 28.40%, 09/05/2028 (a)(r)	Upstart		09/08/2023		3,293		3,277		3,232
FW3956371.SRDUP, 31.01%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,154		6,123		6,046
FW3956386.SRDUP, 27.87%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,480		2,467		2,437
FW3956410.SRDUP, 19.62%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,188		1,182		1,175
FW3956413.SRDUP, 25.80%, 09/05/2028 (a)(r)	Upstart		09/08/2023		9,914		9,864		9,744
FW3956414.SRDUP, 30.66%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,290		1,284		1,268
FW3956431.SRDUP, 29.68%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,747		6,713		6,630
FW3956438.SRDUP, 28.92%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,976		2,961		2,924
FW3956442.SRDUP, 27.56%, 09/05/2028 (a)(o)(r)	Upstart		09/08/2023		12,000		11,940		5,428
FW3956461.SRDUP, 29.07%, 09/05/2028 (a)(r)	Upstart		09/08/2023		4,463		4,440		4,380
FW3956469.SRDUP, 29.68%, 09/05/2028 (a)(r)	Upstart		09/08/2023		3,374		3,357		3,315
FW3956483.SRDUP, 29.84%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,191		1,185		1,170
FW3956497.SRDUP, 17.20%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,663		1,655		1,650
FW3956629.SRDUP, 27.86%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,177		1,172		1,161
FW3956677.SRDUP, 24.70%, 09/05/2028 (a)(r)	Upstart		09/08/2023		16,552		16,543		16,269
FW3956708.SRDUP, 25.69%, 09/05/2028 (a)(r)	Upstart		09/08/2023		9,616		9,568		9,488
FW3956853.SRDUP, 26.32%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,280		2,279		2,241
FW3956858.SRDUP, 28.89%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,673		6,641		6,574
FW3956859.SRDUP, 19.27%, 09/05/2026 (a)(r)	Upstart		09/08/2023		7,303		7,268		7,208
FW3956866.SRDUP, 22.67%, 09/05/2028 (a)(r)	Upstart		09/08/2023		991		990		980
FW3956878.SRDUP, 30.02%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,282		2,271		2,242
FW3956913.SRDUP, 30.03%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,282		2,271		2,242
FW3957002.SRDUP, 19.05%, 09/05/2028 (a)(r)	Upstart		09/08/2023		5,938		5,909		5,875
FW3957086.SRDUP, 10.26%, 09/05/2028 (a)(r)	Upstart		09/08/2023		24,183		24,064		24,136
FW3957092.SRDUP, 29.91%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,492		1,484		1,469
FW3957266.SRDUP, 20.55%, 09/05/2028 (a)(r)	Upstart		09/08/2023		12,885		12,823		12,740
FW3957278.SRDUP, 26.05%, 09/05/2028 (a)(r)	Upstart		09/08/2023		5,651		5,623		5,554
FW3957354.SRDUP, 28.76%, 09/05/2028 (a)(r)	Upstart		09/08/2023		960		955		942
FW3957425.SRDUP, 30.95%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,749		6,715		6,631
FW3957495.SRDUP, 18.85%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,276		2,265		2,238
FW3957509.SRDUP, 26.76%, 09/05/2026 (a)(o)(r)	Upstart		09/08/2023		2,812		2,798		2,754
FW3957551.SRDUP, 29.53%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,786		1,777		1,755
FW3957660.SRDUP, 25.28%, 09/05/2026 (a)(r)	Upstart		09/08/2023		6,670		6,637		6,586
FW3957680.SRDUP, 23.50%, 09/05/2026 (a)(r)	Upstart		09/08/2023		24,313		24,194		24,009
FW3957681.SRDUP, 29.31%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,786		1,777		1,755
FW3957724.SRDUP, 11.53%, 09/05/2026 (a)(r)	Upstart		09/08/2023		4,882		4,859		4,863
FW3957773.SRDUP, 19.39%, 09/05/2028 (a)(r)	Upstart		09/08/2023		14,847		14,773		14,689

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

113

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW3957806.SRDUP, 21.12%, 09/05/2028 (a)(r)	Upstart		09/08/2023	$	3,754	$	3,735	$	3,728
FW3957923.SRDUP, 30.06%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,389		1,382		1,370
FW3958392.SRDUP, 21.76%, 09/05/2028 (a)(r)	Upstart		09/08/2023		8,517		8,475		8,406
FW3959080.SRDUP, 11.63%, 09/05/2028 (a)(r)	Upstart		09/08/2023		24,688		24,566		24,639
FW3959880.SRDUP, 23.29%, 09/05/2028 (a)(r)	Upstart		09/08/2023		24,770		24,646		24,502
FW3959896.SRDUP, 28.77%, 09/05/2028 (a)(r)	Upstart		09/08/2023		14,881		14,806		14,622
FW3959966.SRDUP, 23.08%, 09/05/2028 (a)(r)	Upstart		09/08/2023		49,537		49,290		49,002
FW3960052.SRDUP, 25.36%, 09/05/2028 (a)(r)	Upstart		09/08/2023		22,998		22,883		22,603
FW3960098.SRDUP, 28.42%, 09/05/2028 (a)(o)(r)	Upstart		09/08/2023		2,711		2,698		2,661
FW3960189.SRDUP, 29.09%, 09/05/2026 (a)(r)	Upstart		09/08/2023		2,258		2,247		2,213
FW3960298.SRDUP, 26.85%, 09/06/2028 (a)(r)	Upstart		09/11/2023		9,916		9,867		9,751
FW3960519.SRDUP, 26.59%, 09/05/2026 (a)(r)	Upstart		09/08/2023		2,551		2,539		2,501
FW3960562.SRDUP, 15.67%, 09/05/2028 (a)(r)	Upstart		09/08/2023		7,119		7,084		7,071
FW3960721.SRDUP, 19.68%, 09/05/2028 (a)(r)	Upstart		09/08/2023		13,462		13,395		13,370
FW3960916.SRDUP, 20.87%, 09/06/2028 (a)(r)	Upstart		09/11/2023		19,359		19,263		19,150
FW3960979.SRDUP, 29.71%, 09/06/2028 (a)(r)	Upstart		09/11/2023		1,984		1,975		1,951
FW3961016.SRDUP, 26.49%, 09/06/2028 (a)(r)	Upstart		09/11/2023		1,093		1,088		1,077
FW3961051.SRDUP, 29.58%, 09/06/2028 (a)(r)	Upstart		09/11/2023		3,770		3,752		3,707
FW3961069.SRDUP, 26.17%, 09/06/2028 (a)(r)	Upstart		09/11/2023		4,957		4,933		4,875
FW3961171.SRDUP, 23.72%, 09/06/2026 (a)(r)	Upstart		09/11/2023		3,922		3,903		3,874
FW4005935.SRDUP, 18.43%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,500		6,468		6,476
FW4007221.SRDUP, 28.32%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,000		4,975		4,941
FW4007629.SRDUP, 24.20%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,000		5,970		5,946
FW4007965.SRDUP, 16.30%, 10/06/2026 (a)(r)	Upstart		10/12/2023		2,900		2,886		2,883
FW4007971.SRDUP, 27.62%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,000		1,990		1,972
FW4007992.SRDUP, 22.56%, 10/06/2028 (a)(r)	Upstart		10/12/2023		9,826		9,777		9,734
FW4007996.SRDUP, 19.03%, 10/06/2028 (a)(r)	Upstart		10/12/2023		11,100		11,045		11,020
FW4008006.SRDUP, 29.38%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,000		9,950		9,859
FW4008016.SRDUP, 29.19%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,100		1,095		1,084
FW4008022.SRDUP, 29.16%, 10/06/2028 (a)(r)	Upstart		10/12/2023		8,500		8,458		8,380
FW4008039.SRDUP, 24.37%, 10/06/2028 (a)(r)	Upstart		10/12/2023		17,000		16,915		16,923
FW4008045.SRDUP, 20.39%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,900		3,881		3,883
FW4008050.SRDUP, 29.11%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,400		3,383		3,352
FW4008054.SRDUP, 27.45%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,300		2,289		2,268
FW4008067.SRDUP, 18.76%, 10/06/2026 (a)(r)	Upstart		10/12/2023		18,000		17,910		17,841
FW4008075.SRDUP, 29.46%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,300		2,289		2,268
FW4008078.SRDUP, 22.78%, 10/06/2028 (a)(r)	Upstart		10/12/2023		11,300		11,244		11,199
FW4008091.SRDUP, 27.87%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,200		3,184		3,155
FW4008099.SRDUP, 27.35%, 10/06/2026 (a)(r)	Upstart		10/12/2023		4,000		3,980		3,941
FW4008125.SRDUP, 21.15%, 10/06/2026 (a)(r)	Upstart		10/12/2023		2,300		2,289		2,280
FW4008149.SRDUP, 24.33%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,900		4,876		4,832
FW4008174.SRDUP, 12.25%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,000		995		996
FW4008183.SRDUP, 20.21%, 10/06/2026 (a)(r)	Upstart		10/12/2023		50,000		49,750		49,557
FW4008218.SRDUP, 22.99%, 10/06/2028 (a)(r)	Upstart		10/12/2023		13,300		13,234		13,181
FW4008233.SRDUP, 21.67%, 10/06/2028 (a)(r)	Upstart		10/12/2023		11,300		11,244		11,218
FW4008246.SRDUP, 28.31%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,500		3,483		3,451
FW4008289.SRDUP, 28.33%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,000		9,950		9,859
FW4008317.SRDUP, 17.42%, 10/06/2028 (a)(r)	Upstart		10/12/2023		30,400		30,248		30,267
FW4008328.SRDUP, 26.92%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,000		2,985		2,958
FW4008330.SRDUP, 29.13%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,800		2,796		2,761
FW4008335.SRDUP, 28.74%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,700		1,692		1,676
FW4008368.SRDUP, 23.16%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,300		2,289		2,279
FW4008382.SRDUP, 22.41%, 10/06/2026 (a)(r)	Upstart		10/12/2023		13,400		13,333		13,206
FW4008390.SRDUP, 28.77%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,700		1,692		1,676
FW4008392.SRDUP, 27.29%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,900		1,891		1,872
FW4008401.SRDUP, 21.80%, 10/06/2026 (a)(r)	Upstart		10/12/2023		30,000		29,850		29,733
FW4008403.SRDUP, 20.11%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,500		2,488		2,482

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

114

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW4008408.SRDUP, 29.06%, 10/06/2028 (a)(r)	Upstart		10/12/2023	$	3,500	$	3,483	$	3,451
FW4008415.SRDUP, 24.15%, 10/06/2026 (a)(r)	Upstart		10/12/2023		8,400		8,358		8,325
FW4008418.SRDUP, 25.74%, 10/06/2026 (a)(r)	Upstart		10/12/2023		6,800		6,766		6,701
FW4008431.SRDUP, 29.04%, 10/06/2028 (a)(r)	Upstart		10/12/2023		14,844		14,770		14,610
FW4008437.SRDUP, 22.65%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,604		6,571		6,574
FW4008443.SRDUP, 28.73%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,700		1,692		1,676
FW4008449.SRDUP, 14.65%, 10/06/2028 (a)(r)	Upstart	��	10/12/2023		11,300		11,244		11,251
FW4008454.SRDUP, 16.64%, 10/06/2028 (a)(r)	Upstart		10/12/2023		20,000		19,900		19,913
FW4008458.SRDUP, 20.96%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,700		5,672		5,675
FW4008460.SRDUP, 29.04%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,800		4,776		4,732
FW4008467.SRDUP, 29.12%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,900		2,886		2,859
FW4008470.SRDUP, 28.96%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,400		1,393		1,387
FW4008484.SRDUP, 25.71%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,842		1,833		1,824
FW4008487.SRDUP, 28.31%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,900		1,891		1,873
FW4008494.SRDUP, 25.50%, 10/06/2026 (a)(r)	Upstart		10/12/2023		3,500		3,495		3,468
FW4008495.SRDUP, 28.88%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,100		10,050		9,958
FW4008496.SRDUP, 22.83%, 10/06/2028 (a)(r)	Upstart		10/12/2023		40,600		40,397		40,236
FW4008499.SRDUP, 23.63%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,500		3,483		3,459
FW4008501.SRDUP, 22.89%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,500		2,496		2,465
FW4008503.SRDUP, 26.00%, 10/06/2026 (a)(r)	Upstart		10/12/2023		2,700		2,687		2,661
FW4008510.SRDUP, 29.01%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,500		2,488		2,465
FW4008518.SRDUP, 23.44%, 10/06/2028 (a)(r)	Upstart		10/12/2023		48,500		48,258		48,064
FW4008524.SRDUP, 28.54%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,000		995		986
FW4008525.SRDUP, 21.24%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,700		1,692		1,685
FW4008538.SRDUP, 26.25%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,500		1,493		1,478
FW4008540.SRDUP, 16.99%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,000		1,990		1,991
FW4008543.SRDUP, 27.87%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,300		6,269		6,212
FW4008550.SRDUP, 29.08%, 10/06/2028 (a)(r)	Upstart		10/12/2023		21,900		21,867		21,591
FW4008559.SRDUP, 24.21%, 10/06/2028 (a)(r)	Upstart		10/12/2023		11,078		11,062		10,974
FW4008566.SRDUP, 28.05%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,200		1,198		1,183
FW4008569.SRDUP, 20.76%, 10/06/2026 (a)(r)	Upstart		10/12/2023		5,000		4,975		4,971
FW4008580.SRDUP, 30.01%, 10/06/2028 (a)(r)	Upstart		10/12/2023		7,100		7,065		7,000
FW4008588.SRDUP, 25.53%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,300		1,294		1,282
FW4008593.SRDUP, 28.79%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,500		1,493		1,489
FW4008607.SRDUP, 23.29%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,500		1,493		1,487
FW4008610.SRDUP, 29.09%, 10/06/2028 (a)(r)	Upstart		10/12/2023		23,600		23,482		23,268
FW4008616.SRDUP, 29.44%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,700		4,677		4,634
FW4008617.SRDUP, 29.17%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,700		3,682		3,648
FW4008622.SRDUP, 26.74%, 10/06/2026 (a)(r)	Upstart		10/12/2023		5,600		5,572		5,518
FW4008631.SRDUP, 29.03%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,600		6,567		6,507
FW4008636.SRDUP, 28.47%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,500		3,483		3,451
FW4008646.SRDUP, 28.44%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,100		1,095		1,085
FW4008651.SRDUP, 29.00%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,800		1,791		1,775
FW4008685.SRDUP, 26.59%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,500		2,488		2,465
FW4008687.SRDUP, 28.72%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,400		1,393		1,380
FW4008691.SRDUP, 29.15%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,400		1,398		1,380
FW4008692.SRDUP, 30.17%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,900		1,891		1,873
FW4008695.SRDUP, 25.24%, 10/06/2028 (a)(r)	Upstart		10/12/2023		22,600		22,487		22,285
FW4008707.SRDUP, 28.59%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,500		3,483		3,451
FW4008779.SRDUP, 29.21%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,800		2,786		2,761
FW4008804.SRDUP, 28.71%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,300		1,294		1,282
FW4008879.SRDUP, 28.98%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,500		3,483		3,451
FW4008882.SRDUP, 29.65%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,700		1,697		1,676
FW4008911.SRDUP, 28.00%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,400		2,388		2,366
FW4008932.SRDUP, 28.98%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,800		1,791		1,779
FW4009086.SRDUP, 29.12%, 10/06/2028 (a)(r)	Upstart		10/12/2023		8,000		7,960		7,887
FW4009203.SRDUP, 28.89%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,400		3,395		3,352

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

115

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
FW4009294.SRDUP, 28.59%, 10/06/2028 (a)(r)	Upstart		10/12/2023	$	1,500	$	1,493	$	1,479
FW4009369.SRDUP, 22.45%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,000		2,985		2,978
FW4009821.SRDUP, 13.87%, 10/10/2028 (a)(r)	Upstart		10/13/2023		25,100		24,975		25,009
FW4009829.SRDUP, 29.03%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,300		2,289		2,273
FW4009831.SRDUP, 28.59%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,400		1,393		1,383
FW4009840.SRDUP, 28.27%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,294		1,285
FW4009883.SRDUP, 28.83%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,300		4,279		4,249
FW4009923.SRDUP, 29.02%, 10/10/2028 (a)(r)	Upstart		10/13/2023		13,100		13,035		12,944
FW4009928.SRDUP, 22.81%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,000		4,975		4,962
FW4009953.SRDUP, 29.11%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,800		6,766		6,719
FW4009966.SRDUP, 29.33%, 10/10/2028 (a)(r)	Upstart		10/13/2023		24,000		23,880		23,714
FW4009973.SRDUP, 29.08%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,000		995		988
FW4009999.SRDUP, 18.74%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,300		11,283		11,258
FW4010342.SRDUP, 28.14%, 10/10/2028 (a)(r)	Upstart		10/13/2023		10,000		9,950		9,923
FW4010349.SRDUP, 25.21%, 10/10/2026 (a)(r)	Upstart		10/13/2023		18,000		17,910		17,779
FW4010398.SRDUP, 29.18%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,600		1,592		1,581
FW4010533.SRDUP, 28.93%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,473		1,465		1,455
FW4010679.SRDUP, 28.72%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,500		1,493		1,482
FW4010758.SRDUP, 28.11%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,400		6,368		6,324
FW4011015.SRDUP, 26.80%, 10/10/2028 (a)(r)	Upstart		10/13/2023		21,000		20,895		20,752
FW4011031.SRDUP, 28.77%, 10/10/2028 (a)(r)	Upstart		10/13/2023		9,100		9,055		8,992
FW4011051.SRDUP, 17.11%, 10/10/2028 (a)(r)	Upstart		10/13/2023		48,000		47,760		47,822
FW4011093.SRDUP, 30.07%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,800		2,786		2,767
FW4011146.SRDUP, 25.63%, 10/10/2026 (a)(r)	Upstart		10/13/2023		7,400		7,363		7,309
FW4011425.SRDUP, 26.72%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,800		2,786		2,767
FW4011439.SRDUP, 15.36%, 10/10/2026 (a)(r)	Upstart		10/13/2023		6,000		5,970		5,971
FW4011465.SRDUP, 27.49%, 10/10/2026 (a)(r)	Upstart		10/13/2023		7,700		7,662		7,605
FW4011466.SRDUP, 22.86%, 10/10/2026 (a)(r)	Upstart		10/13/2023		50,000		49,750		49,622
FW4011508.SRDUP, 15.24%, 10/10/2028 (a)(r)	Upstart		10/13/2023		7,000		6,965		6,974
FW4011520.SRDUP, 28.77%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,300		3,284		3,261
FW4011780.SRDUP, 26.96%, 10/10/2028 (a)(r)	Upstart		10/13/2023		33,900		33,731		33,500
FW4011911.SRDUP, 29.04%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,500		3,483		3,458
FW4011920.SRDUP, 19.20%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,300		2,289		2,286
FW4011964.SRDUP, 10.66%, 10/10/2026 (a)(r)	Upstart		10/13/2023		50,000		49,750		49,902
FW4011987.SRDUP, 28.54%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,700		1,692		1,680
FW4012120.SRDUP, 28.60%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,500		1,493		1,482
FW4012160.SRDUP, 29.05%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,500		1,493		1,482
FW4012187.SRDUP, 29.15%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,294		1,285
FW4012199.SRDUP, 29.05%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,600		3,582		3,557
FW4012200.SRDUP, 28.96%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,700		5,672		5,632
FW4012211.SRDUP, 19.89%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,300		11,244		11,257
FW4012273.SRDUP, 28.87%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,600		6,590		6,522
FW4012275.SRDUP, 28.64%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,200		11,144		11,067
FW4012325.SRDUP, 17.53%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,500		4,478		4,478
FW4012356.SRDUP, 28.34%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,900		1,891		1,877
FW4012360.SRDUP, 24.22%, 10/10/2028 (a)(r)	Upstart		10/13/2023		50,000		49,750		49,807
FW4012377.SRDUP, 15.17%, 10/10/2028 (a)(r)	Upstart		10/13/2023		15,600		15,522		15,506
FW4012382.SRDUP, 25.02%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,675		5,647		5,608
FW4012385.SRDUP, 27.14%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,000		4,975		4,941
FW4012438.SRDUP, 23.46%, 10/10/2028 (a)(r)	Upstart		10/13/2023		9,000		8,955		8,932
FW4012444.SRDUP, 29.01%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,000		999		988
FW4012459.SRDUP, 18.53%, 10/10/2026 (a)(r)	Upstart		10/13/2023		15,800		15,721		15,683
FW4012468.SRDUP, 29.14%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,700		3,682		3,656
FW4012486.SRDUP, 28.02%, 10/10/2028 (a)(r)	Upstart		10/13/2023		9,500		9,453		9,387
FW4012505.SRDUP, 29.18%, 10/10/2028 (a)(r)	Upstart		10/13/2023		14,600		14,527		14,426
FW4012524.SRDUP, 28.37%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,964
FW4012577.SRDUP, 15.38%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,600		22,487		22,517

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

116

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST			VALUE
United States - 4.5% (continued)
FW4012581.SRDUP, 27.32%, 10/10/2028 (a)(r)	Upstart		10/13/2023	$	1,200	$	1,194		$	1,186
FW4012588.SRDUP, 30.05%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,700		4,677			4,644
FW4012596.SRDUP, 29.13%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,400		2,388			2,371
FW4012601.SRDUP, 22.90%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985			2,977
FW4012602.SRDUP, 10.86%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,300		11,244			11,288
FW4012607.SRDUP, 24.61%, 10/10/2026 (a)(r)	Upstart		10/13/2023		5,700		5,672			5,657
FW4012612.SRDUP, 23.34%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,500		1,493			1,489
FW4012620.SRDUP, 28.65%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,600		4,577			4,545
FW4012644.SRDUP, 20.35%, 10/10/2028 (a)(r)	Upstart		10/13/2023		46,700		46,630			46,414
FW4012663.SRDUP, 28.91%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,400		2,388			2,371
FW4012664.SRDUP, 11.34%, 10/10/2026 (a)(r)	Upstart		10/13/2023		6,000		5,970			5,988
FW4012676.SRDUP, 18.07%, 10/10/2028 (a)(r)	Upstart		10/13/2023		30,000		29,850			29,888
FW4012677.SRDUP, 24.92%, 10/10/2026 (a)(r)	Upstart		10/13/2023		2,900		2,886			2,878
FW4012678.SRDUP, 29.10%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,500		3,483			3,458
FW4012684.SRDUP, 24.63%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,000		5,970			5,930
FW4012710.SRDUP, 15.44%, 10/10/2028 (a)(r)	Upstart		10/13/2023		18,680		18,587			18,609
FW4012714.SRDUP, 20.04%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,000		995			995
FW4012738.SRDUP, 29.08%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,800		1,791			1,779
FW4012743.SRDUP, 26.81%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,500		4,478			4,444
FW4012764.SRDUP, 28.90%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,800		4,776			4,743
FW4012765.SRDUP, 14.87%, 10/10/2028 (a)(r)	Upstart		10/13/2023		50,000		49,750			49,892
FW4012796.SRDUP, 29.83%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,500		5,473			5,434
FW4012851.SRDUP, 25.20%, 10/10/2028 (a)(r)	Upstart		10/13/2023		45,000		44,775			44,472
FW4012861.SRDUP, 23.41%, 10/10/2028 (a)(r)	Upstart		10/13/2023		33,900		33,849			33,690
FW4012892.SRDUP, 28.62%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,900		2,886			2,878
FW4012907.SRDUP, 26.11%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,500		1,493			1,489
FW4013153.SRDUP, 25.20%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,600		22,487			22,459
FW4013191.SRDUP, 22.94%, 10/10/2026 (a)(r)	Upstart		10/13/2023		2,300		2,289			2,283
FW4013407.SRDUP, 26.37%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,600		22,487			22,427
FW4013445.SRDUP, 27.95%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,200		1,194			1,186
FW4013621.SRDUP, 29.03%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,500		1,493			1,488
FW4013730.SRDUP, 30.08%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,500		4,493			4,446
FW4014327.SRDUP, 28.58%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,000		1,990			1,976
FW4014443.SRDUP, 28.95%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,300		2,289			2,273
FW4014726.SRDUP, 23.06%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,400		3,383			3,379
FW4014729.SRDUP, 30.10%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,800		1,791			1,779
FW4014752.SRDUP, 29.19%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,294			1,285
FW4014758.SRDUP, 26.11%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,900		1,891			1,878
FW4014789.SRDUP, 22.76%, 10/10/2028 (a)(r)	Upstart		10/13/2023		8,200		8,159			8,138
FW4015027.SRDUP, 29.38%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,600		2,587			2,569
FW4015049.SRDUP, 28.51%, 10/10/2028 (a)(r)	Upstart		10/13/2023		4,800		4,776			4,743
L3265831.SRDUP, 23.14%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,272		1,272			1,271
L3268810.SRDUP, 19.10%, 07/22/2027 (a)(r)	Upstart		07/27/2022		6,650		6,650			6,617
L3279284.SRDUP, 24.40%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,871		1,871			1,869
L3282815.SRDUP, 20.86%, 07/18/2027 (a)(r)	Upstart		07/21/2022		29,321		29,321			29,206
L3283486.SRDUP, 16.28%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,462		2,462			2,450
L3288703.SRDUP, 17.47%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		3,353		3,353			3,132
L3288889.SRDUP, 20.60%, 07/18/2027 (a)(r)	Upstart		07/21/2022		3,871		3,871			3,847
L3290939.SRDUP, 16.53%, 07/19/2027 (a)(r)	Upstart		07/22/2022		27,435		27,435			27,293
L3291096.SRDUP, 23.75%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,018		1,018			1,013
L3291098.SRDUP, 19.78%, 07/18/2027 (a)(r)	Upstart		07/21/2022		3,669		3,669			3,655
L3291148.SRDUP, 14.82%, 07/19/2027 (a)(r)	Upstart		07/22/2022		3,259		3,259	��		3,242
L3291149.SRDUP, 21.66%, 07/18/2025 (a)(r)	Upstart		07/21/2022		3,301		3,301			3,302
L3291157.SRDUP, 24.36%, 07/18/2027 (a)(r)	Upstart		07/21/2022		8,080		8,080			8,042
L3291291.SRDUP, 21.66%, 07/18/2025 (a)(r)	Upstart		07/21/2022		750		750			747
L3291319.SRDUP, 24.33%, 07/18/2027 (a)(r)	Upstart		07/21/2022		3,911		3,911			3,904
L3291468.SRDUP, 24.41%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		2,958		2,958			435

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

117

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3291551.SRDUP, 21.55%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022	$	2,938	$	2,938	$	821
L3291594.SRDUP, 19.14%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		11,979		12,018		11,940
L3291614.SRDUP, 19.03%, 07/19/2027 (a)(r)	Upstart		07/22/2022		3,158		3,158		3,141
L3291615.SRDUP, 24.31%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,360		1,360		1,354
L3291621.SRDUP, 24.41%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		28,441		28,441		4,187
L3291691.SRDUP, 13.34%, 07/19/2027 (a)(r)	Upstart		07/22/2022		6,456		6,456		6,429
L3291740.SRDUP, 23.24%, 07/19/2027 (a)(r)	Upstart		07/22/2022		11,849		11,849		11,836
L3291772.SRDUP, 17.28%, 07/19/2027 (a)(r)	Upstart		07/22/2022		4,616		4,616		4,592
L3291813.SRDUP, 24.20%, 07/19/2027 (a)(r)	Upstart		07/22/2022		3,739		3,739		3,734
L3291872.SRDUP, 23.71%, 07/19/2027 (a)(r)	Upstart		07/22/2022		5,343		5,343		5,336
L3291879.SRDUP, 24.41%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,445		1,449		1,445
L3292033.SRDUP, 18.20%, 07/19/2027 (a)(r)	Upstart		07/22/2022		12,418		12,418		12,351
L3292086.SRDUP, 24.15%, 07/19/2027 (a)(r)	Upstart		07/22/2022		23,619		23,619		23,518
L3292091.SRDUP, 9.84%, 07/19/2027 (a)(r)	Upstart		07/22/2022		6,353		6,353		6,320
L3292141.SRDUP, 14.93%, 07/19/2027 (a)(r)	Upstart		07/22/2022		16,184		16,184		16,121
L3292188.SRDUP, 24.20%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,275		1,275		1,273
L3292189.SRDUP, 18.56%, 01/07/2028 (a)(o)(r)	Upstart		07/27/2022		30,269		30,269		30,101
L3292210.SRDUP, 18.60%, 07/19/2027 (a)(r)	Upstart		07/22/2022		9,123		9,123		9,074
L3292268.SRDUP, 24.07%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		11,717		11,717		10,992
L3292269.SRDUP, 21.49%, 07/19/2027 (a)(r)	Upstart		07/22/2022		6,721		6,721		6,696
L3292285.SRDUP, 20.95%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,425		1,425		1,420
L3292286.SRDUP, 21.53%, 07/19/2027 (a)(r)	Upstart		07/22/2022		10,494		10,494		10,468
L3292293.SRDUP, 19.30%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		4,101		4,101		4,089
L3292304.SRDUP, 12.31%, 07/19/2027 (a)(r)	Upstart		07/22/2022		25,825		25,825		25,719
L3292306.SRDUP, 21.00%, 07/19/2025 (a)(r)	Upstart		07/22/2022		3,289		3,289		3,292
L3292335.SRDUP, 24.30%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		1,266		1,266		1,261
L3292347.SRDUP, 20.06%, 07/19/2025 (a)(r)	Upstart		07/22/2022		3,273		3,273		3,276
L3292349.SRDUP, 20.94%, 07/19/2025 (a)(r)	Upstart		07/22/2022		855		857		856
L3292376.SRDUP, 19.31%, 07/19/2025 (a)(o)(r)	Upstart		07/22/2022		6,132		6,145		5,865
L3292406.SRDUP, 20.05%, 07/19/2027 (a)(r)	Upstart		07/22/2022		3,339		3,339		3,328
L3292418.SRDUP, 20.73%, 07/19/2027 (a)(r)	Upstart		07/22/2022		9,264		9,264		9,196
L3292425.SRDUP, 23.78%, 12/19/2027 (a)(o)(r)	Upstart		07/22/2022		6,462		6,462		1,757
L3292457.SRDUP, 18.59%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		6,477		6,477		1,269
L3292483.SRDUP, 21.53%, 12/19/2027 (a)(o)(r)	Upstart		07/22/2022		8,617		8,617		8,061
L3292484.SRDUP, 17.39%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		6,886		6,886		1,282
L3292493.SRDUP, 18.76%, 07/19/2027 (a)(r)	Upstart		07/22/2022		991		991		986
L3292501.SRDUP, 17.83%, 07/19/2027 (a)(r)	Upstart		07/22/2022		22,975		22,975		22,853
L3292511.SRDUP, 23.98%, 07/19/2027 (a)(r)	Upstart		07/22/2022		8,527		8,527		8,518
L3292537.SRDUP, 21.03%, 07/19/2027 (a)(r)	Upstart		07/22/2022		9,646		9,646		9,610
L3292538.SRDUP, 13.06%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		3,217		3,227		3,003
L3292584.SRDUP, 15.32%, 07/19/2027 (a)(r)	Upstart		07/22/2022		817		817		812
L3292655.SRDUP, 17.26%, 07/19/2025 (a)(r)	Upstart		07/22/2022		612		612		612
L3292688.SRDUP, 24.20%, 07/19/2027 (a)(r)	Upstart		07/22/2022		1,954		1,954		1,952
L3292702.SRDUP, 23.84%, 07/19/2027 (a)(o)(r)	Upstart		07/22/2022		1,069		1,069		300
L3292703.SRDUP, 15.60%, 12/28/2027 (a)(r)	Upstart		07/22/2022		25,185		25,185		25,033
L3293908.SRDUP, 22.82%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,014		1,014		1,010
L3294053.SRDUP, 10.92%, 07/20/2027 (a)(r)	Upstart		07/25/2022		39,936		39,936		39,729
L3294496.SRDUP, 16.02%, 07/20/2027 (a)(r)	Upstart		07/25/2022		5,490		5,490		5,463
L3294776.SRDUP, 26.75%, 07/25/2027 (a)(r)	Upstart		07/28/2022		3,010		3,010		3,043
L3294888.SRDUP, 21.11%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,927		1,927		1,923
L3294907.SRDUP, 20.96%, 07/20/2027 (a)(r)	Upstart		07/25/2022		41,906		41,906		41,905
L3294929.SRDUP, 24.40%, 07/20/2027 (a)(r)	Upstart		07/25/2022		2,126		2,126		2,124
L3294963.SRDUP, 12.45%, 07/20/2025 (a)(r)	Upstart		07/25/2022		628		628		625
L3295007.SRDUP, 24.33%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		468		468		69
L3295117.SRDUP, 11.03%, 07/20/2027 (a)(r)	Upstart		07/25/2022		40,035		40,035		39,828
L3295150.SRDUP, 24.32%, 12/20/2027 (a)(o)(r)	Upstart		07/25/2022		14,672		14,718		13,719
L3295171.SRDUP, 20.62%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,674		1,674		1,665

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

118

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3295185.SRDUP, 19.25%, 07/20/2027 (a)(r)	Upstart		07/25/2022	$	12,145	$	12,145	$	12,049
L3295187.SRDUP, 21.54%, 07/20/2027 (a)(r)	Upstart		07/25/2022		2,523		2,523		2,514
L3295312.SRDUP, 24.12%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,188		1,188		1,185
L3295314.SRDUP, 15.36%, 07/20/2027 (a)(r)	Upstart		07/25/2022		8,168		8,168		8,128
L3295330.SRDUP, 17.04%, 07/20/2027 (a)(r)	Upstart		07/25/2022		20,585		20,585		20,481
L3295527.SRDUP, 11.77%, 07/21/2027 (a)(r)	Upstart		07/26/2022		12,836		12,836		12,787
L3295622.SRDUP, 18.14%, 07/20/2025 (a)(r)	Upstart		07/25/2022		648		648		648
L3295635.SRDUP, 22.54%, 07/22/2027 (a)(r)	Upstart		07/25/2022		19,444		19,444		19,437
L3295719.SRDUP, 21.80%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,346		1,346		1,341
L3295740.SRDUP, 16.93%, 12/20/2025 (a)(o)(r)	Upstart		07/25/2022		5,587		5,587		5,300
L3295754.SRDUP, 18.51%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		19,748		19,748		2,907
L3295812.SRDUP, 23.63%, 07/20/2027 (a)(r)	Upstart		07/25/2022		2,119		2,119		2,118
L3295833.SRDUP, 16.66%, 07/20/2027 (a)(r)	Upstart		07/25/2022		6,575		6,575		6,542
L3295869.SRDUP, 22.91%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		841		841		828
L3295929.SRDUP, 10.65%, 07/20/2027 (a)(r)	Upstart		07/25/2022		4,785		4,785		4,761
L3295938.SRDUP, 21.80%, 07/20/2027 (a)(r)	Upstart		07/25/2022		10,935		10,935		10,897
L3295998.SRDUP, 11.03%, 07/21/2025 (a)(r)	Upstart		07/25/2022		3,117		3,123		3,102
L3296001.SRDUP, 21.80%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		20,560		20,560		3,026
L3296020.SRDUP, 21.94%, 07/20/2027 (a)(r)	Upstart		07/25/2022		3,018		3,018		3,003
L3296030.SRDUP, 24.19%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		12,710		12,710		11,979
L3296053.SRDUP, 24.32%, 12/20/2027 (a)(o)(r)	Upstart		07/25/2022		7,565		7,565		2,046
L3296077.SRDUP, 19.61%, 07/20/2025 (a)(r)	Upstart		07/25/2022		3,919		3,919		3,924
L3296098.SRDUP, 24.25%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,534		1,534		1,533
L3296144.SRDUP, 24.09%, 07/26/2027 (a)(r)	Upstart		07/25/2022		1,705		1,705		1,721
L3296234.SRDUP, 24.12%, 07/20/2027 (a)(o)(r)	Upstart		07/25/2022		3,578		3,578		706
L3296260.SRDUP, 24.28%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,785		1,785		1,783
L3296277.SRDUP, 11.15%, 12/20/2027 (a)(o)(r)	Upstart		07/25/2022		836		836		831
L3296311.SRDUP, 9.72%, 07/20/2025 (a)(r)	Upstart		07/25/2022		3,576		3,576		3,561
L3296324.SRDUP, 24.30%, 07/28/2027 (a)(r)	Upstart		07/25/2022		3,755		3,755		3,752
L3296347.SRDUP, 24.05%, 07/20/2027 (a)(r)	Upstart		07/25/2022		1,183		1,183		1,177
L3296349.SRDUP, 13.33%, 07/20/2027 (a)(r)	Upstart		07/25/2022		13,348		13,348		13,294
L3296721.SRDUP, 17.81%, 12/21/2025 (a)(o)(r)	Upstart		07/26/2022		13,022		13,022		3,862
L3296889.SRDUP, 9.69%, 08/02/2027 (a)(r)	Upstart		08/05/2022		8,079		7,885		8,029
L3297187.SRDUP, 24.20%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,105		1,105		1,101
L3297380.SRDUP, 20.18%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,002		1,002		999
L3297695.SRDUP, 23.68%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,950		1,950		1,949
L3297731.SRDUP, 18.32%, 07/21/2027 (a)(r)	Upstart		07/26/2022		874		874		868
L3297779.SRDUP, 24.20%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,275		1,275		1,272
L3297783.SRDUP, 19.35%, 07/21/2027 (a)(r)	Upstart		07/26/2022		6,657		6,657		6,623
L3297815.SRDUP, 14.37%, 07/21/2025 (a)(r)	Upstart		07/26/2022		1,270		1,270		1,263
L3298066.SRDUP, 20.29%, 12/21/2027 (a)(o)(r)	Upstart		07/26/2022		17,674		17,674		17,557
L3298107.SRDUP, 14.90%, 07/21/2027 (a)(r)	Upstart		07/26/2022		7,073		7,073		7,045
L3298192.SRDUP, 11.35%, 07/22/2025 (a)(r)	Upstart		07/27/2022		624		624		621
L3298210.SRDUP, 17.38%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		14,241		14,290		2,714
L3298216.SRDUP, 16.63%, 07/21/2025 (a)(o)(r)	Upstart		07/26/2022		2,629		2,629		2,509
L3298278.SRDUP, 20.60%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,925		1,925		1,919
L3298279.SRDUP, 24.37%, 07/21/2027 (a)(r)	Upstart		07/26/2022		5,272		5,287		5,320
L3298280.SRDUP, 16.01%, 07/21/2027 (a)(r)	Upstart		07/26/2022		15,100		15,141		15,039
L3298301.SRDUP, 21.46%, 07/21/2027 (a)(r)	Upstart		07/26/2022		4,704		4,704		4,705
L3298306.SRDUP, 14.33%, 07/21/2025 (a)(r)	Upstart		07/26/2022		2,539		2,539		2,525
L3298312.SRDUP, 10.25%, 07/21/2027 (a)(r)	Upstart		07/26/2022		28,651		28,651		28,503
L3298313.SRDUP, 22.74%, 07/21/2027 (a)(r)	Upstart		07/26/2022		5,236		5,236		5,218
L3298321.SRDUP, 17.55%, 07/21/2025 (a)(r)	Upstart		07/26/2022		1,292		1,292		1,294
L3298339.SRDUP, 16.93%, 07/21/2025 (a)(r)	Upstart		07/26/2022		1,288		1,288		1,288
L3298342.SRDUP, 21.97%, 07/21/2027 (a)(r)	Upstart		07/26/2022		25,977		25,977		25,924
L3298343.SRDUP, 23.21%, 07/21/2027 (a)(r)	Upstart		07/26/2022		5,438		5,438		5,386
L3298354.SRDUP, 14.05%, 07/21/2027 (a)(r)	Upstart		07/26/2022		6,445		6,445		6,420

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

119

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3298363.SRDUP, 18.13%, 07/21/2027 (a)(r)	Upstart		07/26/2022	$	2,430	$	2,430	$	2,379
L3298384.SRDUP, 20.12%, 07/21/2027 (a)(r)	Upstart		07/26/2022		37,551		37,551		37,387
L3298391.SRDUP, 18.82%, 07/21/2027 (a)(r)	Upstart		07/26/2022		5,812		5,812		5,796
L3298404.SRDUP, 23.97%, 07/21/2027 (a)(r)	Upstart		07/26/2022		1,188		1,188		1,184
L3298433.SRDUP, 18.50%, 07/21/2027 (a)(r)	Upstart		07/26/2022		2,487		2,487		2,474
L3298434.SRDUP, 23.13%, 08/05/2027 (a)(r)	Upstart		07/26/2022		12,733		12,733		12,719
L3298443.SRDUP, 14.46%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		6,699		6,699		6,261
L3298445.SRDUP, 23.97%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,205		1,205		1,136
L3298448.SRDUP, 15.61%, 07/21/2027 (a)(r)	Upstart		07/26/2022		40,891		40,891		40,697
L3298457.SRDUP, 17.90%, 07/21/2027 (a)(r)	Upstart		07/26/2022		4,540		4,540		4,521
L3298494.SRDUP, 19.83%, 07/21/2025 (a)(r)	Upstart		07/26/2022		1,112		1,112		1,105
L3298508.SRDUP, 17.30%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		9,893		9,893		9,844
L3298533.SRDUP, 14.03%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		5,827		5,827		707
L3298581.SRDUP, 18.25%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		12,777		12,777		11,943
L3298584.SRDUP, 16.45%, 07/21/2027 (a)(r)	Upstart		07/26/2022		5,696		5,696		5,672
L3298607.SRDUP, 20.95%, 07/21/2027 (a)(r)	Upstart		07/26/2022		15,620		15,620		15,591
L3298608.SRDUP, 13.55%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		1,647		1,647		1,538
L3298613.SRDUP, 19.79%, 07/21/2027 (a)(o)(r)	Upstart		07/26/2022		12,518		12,518		12,454
L3298614.SRDUP, 12.12%, 07/21/2027 (a)(r)	Upstart		07/26/2022		12,055		12,055		12,009
L3298621.SRDUP, 12.01%, 07/21/2027 (a)(r)	Upstart		07/26/2022		10,603		10,603		10,562
L3298658.SRDUP, 17.40%, 07/21/2027 (a)(r)	Upstart		07/26/2022		7,836		7,836		7,797
L3298669.SRDUP, 24.15%, 07/21/2027 (a)(r)	Upstart		07/26/2022		8,580		8,580		8,660
L3298670.SRDUP, 13.82%, 07/21/2025 (a)(r)	Upstart		07/26/2022		3,340		3,340		3,327
L3298677.SRDUP, 15.73%, 07/21/2027 (a)(r)	Upstart		07/26/2022		6,546		6,546		6,515
L3298680.SRDUP, 14.00%, 07/21/2027 (a)(r)	Upstart		07/26/2022		2,759		2,759		2,746
L3298698.SRDUP, 14.63%, 07/21/2027 (a)(r)	Upstart		07/26/2022		16,278		16,278		16,202
L3298700.SRDUP, 15.26%, 07/21/2027 (a)(r)	Upstart		07/26/2022		20,410		20,410		20,313
L3299583.SRDUP, 24.04%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,698		1,698		1,700
L3300640.SRDUP, 21.15%, 07/22/2025 (a)(r)	Upstart		07/27/2022		5,479		5,479		5,510
L3300781.SRDUP, 18.92%, 07/22/2025 (a)(o)(r)	Upstart		07/27/2022		2,709		2,709		2,594
L3301225.SRDUP, 12.79%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,640		1,600		1,630
L3301230.SRDUP, 24.28%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		896		896		33
L3301445.SRDUP, 26.76%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,301		1,267		1,279
L3301492.SRDUP, 17.07%, 07/22/2027 (a)(r)	Upstart		07/27/2022		3,294		3,294		3,279
L3301932.SRDUP, 16.54%, 07/22/2027 (a)(r)	Upstart		07/27/2022		20,863		20,863		20,780
L3301939.SRDUP, 23.78%, 07/22/2027 (a)(r)	Upstart		07/27/2022		2,460		2,460		2,460
L3301991.SRDUP, 22.02%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		2,563		2,563		2,406
L3302031.SRDUP, 23.66%, 12/22/2027 (a)(o)(r)	Upstart		07/27/2022		13,667		13,667		12,861
L3302201.SRDUP, 24.20%, 07/22/2027 (a)(r)	Upstart		07/27/2022		3,229		3,229		3,228
L3302210.SRDUP, 24.30%, 07/22/2027 (a)(r)	Upstart		07/27/2022		3,404		3,404		3,403
L3302285.SRDUP, 9.54%, 07/22/2025 (a)(r)	Upstart		07/27/2022		2,286		2,286		2,276
L3302358.SRDUP, 19.61%, 07/22/2025 (a)(r)	Upstart		07/27/2022		2,612		2,612		2,618
L3302433.SRDUP, 24.09%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,699		1,699		1,693
L3302554.SRDUP, 20.36%, 07/22/2025 (a)(r)	Upstart		07/27/2022		656		657		657
L3302579.SRDUP, 24.22%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		16,458		16,458		15,526
L3302824.SRDUP, 13.35%, 07/28/2027 (a)(r)	Upstart		07/27/2022		11,348		11,379		11,299
L3302862.SRDUP, 13.36%, 07/22/2027 (a)(r)	Upstart		07/27/2022		682		682		678
L3302921.SRDUP, 18.39%, 07/22/2027 (a)(r)	Upstart		07/27/2022		4,522		4,522		4,493
L3303115.SRDUP, 24.13%, 07/22/2027 (a)(o)(r)	Upstart		07/27/2022		2,502		2,502		2,360
L3303191.SRDUP, 16.68%, 07/22/2027 (a)(r)	Upstart		07/27/2022		13,151		13,151		13,090
L3303226.SRDUP, 21.72%, 07/22/2025 (a)(o)(r)	Upstart		07/27/2022		9,828		9,862		9,413
L3303301.SRDUP, 23.73%, 07/22/2027 (a)(r)	Upstart		07/27/2022		1,063		1,063		1,063
L3303535.SRDUP, 12.58%, 07/26/2027 (a)(r)	Upstart		07/29/2022		10,070		10,097		10,035
L3304210.SRDUP, 20.61%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		4,430		4,430		444
L3304312.SRDUP, 15.67%, 07/25/2027 (a)(r)	Upstart		07/28/2022		5,235		5,235		5,214
L3304475.SRDUP, 15.48%, 07/25/2027 (a)(r)	Upstart		07/28/2022		27,379		27,379		27,269
L3304489.SRDUP, 24.35%, 07/25/2027 (a)(r)	Upstart		07/28/2022		5,022		5,022		5,029

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

120

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3304544.SRDUP, 24.40%, 07/25/2027 (a)(r)	Upstart		07/28/2022	$	6,633	$	6,633	$	6,709
L3304576.SRDUP, 22.93%, 08/10/2027 (a)(o)(r)	Upstart		07/28/2022		4,699		4,699		4,706
L3304592.SRDUP, 21.37%, 07/25/2027 (a)(r)	Upstart		07/28/2022		7,389		7,389		7,375
L3304611.SRDUP, 24.36%, 07/25/2027 (a)(r)	Upstart		07/28/2022		7,909		7,909		7,871
L3304650.SRDUP, 18.55%, 07/25/2027 (a)(r)	Upstart		07/28/2022		3,151		3,151		3,137
L3304654.SRDUP, 20.58%, 07/25/2027 (a)(r)	Upstart		07/28/2022		5,787		5,787		5,757
L3304669.SRDUP, 18.76%, 07/25/2027 (a)(r)	Upstart		07/28/2022		4,150		4,150		4,132
L3304673.SRDUP, 24.34%, 07/25/2027 (a)(r)	Upstart		07/28/2022		939		939		936
L3304686.SRDUP, 14.98%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		4,295		4,295		632
L3304693.SRDUP, 13.67%, 07/25/2027 (a)(r)	Upstart		07/28/2022		24,302		24,302		24,215
L3304867.SRDUP, 21.38%, 07/25/2027 (a)(r)	Upstart		07/28/2022		4,315		4,315		4,304
L3304894.SRDUP, 19.91%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		9,315		9,315		9,268
L3304898.SRDUP, 19.25%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,260		1,260		1,253
L3304935.SRDUP, 12.34%, 07/25/2027 (a)(r)	Upstart		07/28/2022		4,506		4,506		4,490
L3304999.SRDUP, 24.11%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		3,839		3,839		3,837
L3305013.SRDUP, 9.95%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		1,999		1,999		1,989
L3305014.SRDUP, 22.37%, 12/25/2027 (a)(o)(r)	Upstart		07/28/2022		28,549		28,549		28,420
L3305021.SRDUP, 11.57%, 07/25/2027 (a)(r)	Upstart		07/28/2022		7,774		7,774		7,735
L3305031.SRDUP, 24.40%, 07/25/2027 (a)(r)	Upstart		07/28/2022		3,317		3,317		3,319
L3305091.SRDUP, 24.38%, 07/25/2027 (a)(r)	Upstart		07/28/2022		2,126		2,126		2,128
L3305130.SRDUP, 21.96%, 07/25/2027 (a)(r)	Upstart		07/28/2022		22,728		22,728		22,681
L3305149.SRDUP, 12.10%, 07/25/2027 (a)(r)	Upstart		07/28/2022		6,808		6,826		6,787
L3305233.SRDUP, 14.86%, 12/25/2027 (a)(r)	Upstart		07/28/2022		14,639		14,639		14,579
L3305259.SRDUP, 24.21%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,679		1,684		1,680
L3305316.SRDUP, 24.05%, 07/25/2027 (a)(r)	Upstart		07/28/2022		934		934		935
L3305321.SRDUP, 21.67%, 07/25/2027 (a)(r)	Upstart		07/28/2022		7,417		7,417		7,408
L3305326.SRDUP, 23.69%, 07/25/2027 (a)(r)	Upstart		07/28/2022		14,161		14,161		14,175
L3305423.SRDUP, 14.87%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		3,318		3,318		3,303
L3305429.SRDUP, 21.22%, 07/25/2027 (a)(r)	Upstart		07/28/2022		1,456		1,456		1,448
L3305475.SRDUP, 19.72%, 07/25/2025 (a)(o)(r)	Upstart		07/28/2022		7,308		7,333		1,567
L3305486.SRDUP, 9.45%, 07/25/2025 (a)(r)	Upstart		07/28/2022		2,779		2,779		2,767
L3305566.SRDUP, 23.18%, 12/25/2027 (a)(o)(r)	Upstart		07/28/2022		22,176		22,176		22,241
L3305582.SRDUP, 11.14%, 07/25/2027 (a)(r)	Upstart		07/28/2022		2,799		2,799		2,789
L3305584.SRDUP, 15.57%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		39,724		39,724		39,576
L3305587.SRDUP, 24.27%, 05/25/2028 (a)(o)(r)	Upstart		07/28/2022		2,768		2,768		2,762
L3305643.SRDUP, 16.41%, 07/25/2027 (a)(r)	Upstart		07/28/2022		25,861		25,861		25,774
L3305645.SRDUP, 11.17%, 07/25/2027 (a)(r)	Upstart		07/28/2022		6,398		6,398		6,376
L3305657.SRDUP, 24.05%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		10,419		10,419		3,019
L3305697.SRDUP, 21.53%, 07/25/2027 (a)(r)	Upstart		07/28/2022		2,852		2,852		2,847
L3305703.SRDUP, 20.60%, 07/25/2027 (a)(r)	Upstart		07/28/2022		29,423		29,423		29,317
L3305828.SRDUP, 15.54%, 07/25/2027 (a)(r)	Upstart		07/28/2022		11,322		11,353		11,282
L3309405.SRDUP, 20.41%, 07/26/2027 (a)(r)	Upstart		07/29/2022		8,361		8,361		8,349
L3309449.SRDUP, 14.45%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,765		2,765		2,754
L3309493.SRDUP, 15.78%, 08/01/2027 (a)(r)	Upstart		08/04/2022		9,980		9,732		9,892
L3309530.SRDUP, 23.84%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,238		4,238		4,250
L3309568.SRDUP, 22.91%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		23,549		23,549		3,466
L3309580.SRDUP, 24.06%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,953		1,953		1,956
L3309583.SRDUP, 17.55%, 07/26/2025 (a)(o)(r)	Upstart		07/29/2022		3,376		3,376		3,381
L3309588.SRDUP, 15.02%, 07/26/2027 (a)(r)	Upstart		07/29/2022		12,558		12,558		12,510
L3309635.SRDUP, 23.10%, 08/01/2027 (a)(o)(r)	Upstart		07/29/2022		858		858		855
L3309640.SRDUP, 17.81%, 07/26/2025 (a)(r)	Upstart		07/29/2022		2,109		2,109		2,112
L3309665.SRDUP, 12.61%, 07/26/2027 (a)(r)	Upstart		07/29/2022		7,682		7,682		7,655
L3309688.SRDUP, 15.37%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,901		4,901		4,882
L3309704.SRDUP, 14.48%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		6,301		6,301		6,271
L3309713.SRDUP, 15.54%, 07/26/2027 (a)(r)	Upstart		07/29/2022		5,289		5,289		5,269
L3309767.SRDUP, 13.33%, 07/26/2027 (a)(r)	Upstart		07/29/2022		9,648		9,648		9,619
L3309835.SRDUP, 24.37%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		1,625		1,625		1,627

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

121

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3309855.SRDUP, 17.99%, 07/26/2027 (a)(r)	Upstart		07/29/2022	$	1,624	$	1,624	$	1,618
L3309862.SRDUP, 10.63%, 07/26/2027 (a)(r)	Upstart		07/29/2022		12,423		12,423		12,363
L3309888.SRDUP, 15.74%, 07/26/2027 (a)(r)	Upstart		07/29/2022		4,910		4,910		4,891
L3309973.SRDUP, 15.31%, 07/26/2027 (a)(r)	Upstart		07/29/2022		7,715		7,715		7,690
L3310016.SRDUP, 17.41%, 07/26/2027 (a)(r)	Upstart		07/29/2022		6,021		6,021		5,997
L3310021.SRDUP, 15.62%, 07/26/2025 (a)(r)	Upstart		07/29/2022		2,174		2,178		2,176
L3310076.SRDUP, 14.52%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		6,510		6,510		6,486
L3310080.SRDUP, 20.73%, 07/26/2025 (a)(o)(r)	Upstart		07/29/2022		3,475		3,475		3,480
L3310205.SRDUP, 16.26%, 07/26/2025 (a)(r)	Upstart		07/29/2022		1,594		1,598		1,599
L3310251.SRDUP, 19.26%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,496		2,496		2,485
L3310279.SRDUP, 20.57%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		8,918		8,918		8,896
L3310462.SRDUP, 16.12%, 07/26/2025 (a)(r)	Upstart		07/29/2022		3,077		3,077		3,081
L3310473.SRDUP, 15.61%, 07/26/2027 (a)(r)	Upstart		07/29/2022		6,134		6,134		6,112
L3310480.SRDUP, 24.32%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		946		946		254
L3310487.SRDUP, 21.76%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		1,956		1,956		1,950
L3310493.SRDUP, 21.57%, 07/26/2025 (a)(o)(r)	Upstart		07/29/2022		9,721		9,721		1,431
L3310527.SRDUP, 21.41%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		1,926		1,926		1,925
L3310533.SRDUP, 17.64%, 07/26/2025 (a)(r)	Upstart		07/29/2022		7,192		7,192		7,244
L3310627.SRDUP, 24.37%, 07/27/2027 (a)(r)	Upstart		08/01/2022		9,609		9,609		9,730
L3310657.SRDUP, 24.27%, 07/26/2027 (a)(r)	Upstart		07/29/2022		2,805		2,805		2,809
L3310684.SRDUP, 10.85%, 07/26/2025 (a)(r)	Upstart		07/29/2022		3,080		3,080		3,070
L3310701.SRDUP, 21.37%, 07/26/2027 (a)(o)(r)	Upstart		07/29/2022		19,020		19,020		19,042
L3310741.SRDUP, 24.19%, 12/26/2027 (a)(o)(r)	Upstart		07/29/2022		5,308		5,308		1,467
L3310766.SRDUP, 20.52%, 07/26/2027 (a)(r)	Upstart		07/29/2022		28,272		28,272		28,260
L3310792.SRDUP, 24.34%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		4,452		4,452		1,245
L3310855.SRDUP, 17.71%, 07/26/2025 (a)(r)	Upstart		07/29/2022		2,263		2,263		2,271
L3310866.SRDUP, 24.21%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,164		4,164		4,171
L3310870.SRDUP, 13.32%, 07/26/2027 (a)(r)	Upstart		07/29/2022		1,617		1,617		1,611
L3310874.SRDUP, 12.04%, 07/26/2025 (a)(r)	Upstart		07/29/2022		730		730		726
L3311095.SRDUP, 24.39%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,507		4,507		4,514
L3311406.SRDUP, 23.12%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,096		4,096		4,108
L3311607.SRDUP, 17.14%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		5,895		5,895		5,869
L3311953.SRDUP, 18.54%, 07/27/2025 (a)(o)(r)	Upstart		08/01/2022		2,361		2,361		2,373
L3312046.SRDUP, 10.36%, 07/27/2027 (a)(r)	Upstart		08/01/2022		19,908		19,908		19,810
L3312051.SRDUP, 23.44%, 07/27/2027 (a)(r)	Upstart		08/01/2022		28,292		28,292		28,243
L3312094.SRDUP, 16.24%, 01/01/2026 (a)(o)(r)	Upstart		08/01/2022		3,584		3,584		3,572
L3312097.SRDUP, 24.32%, 07/27/2027 (a)(r)	Upstart		08/01/2022		3,740		3,740		3,733
L3312110.SRDUP, 16.75%, 07/27/2027 (a)(r)	Upstart		08/01/2022		40,640		40,640		40,505
L3312122.SRDUP, 13.66%, 07/27/2027 (a)(r)	Upstart		08/01/2022		6,237		6,237		6,215
L3312155.SRDUP, 15.85%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,866		2,866		2,855
L3312169.SRDUP, 24.28%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		943		943		82
L3312194.SRDUP, 19.81%, 12/27/2025 (a)(o)(r)	Upstart		08/01/2022		4,147		4,147		4,114
L3312209.SRDUP, 23.84%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		1,460		1,460		215
L3312211.SRDUP, 16.91%, 07/27/2027 (a)(r)	Upstart		08/01/2022		3,292		3,292		3,279
L3312241.SRDUP, 19.65%, 07/27/2027 (a)(r)	Upstart		08/01/2022		5,833		5,833		5,827
L3312244.SRDUP, 24.04%, 07/27/2027 (a)(r)	Upstart		08/01/2022		934		934		936
L3312274.SRDUP, 24.26%, 07/27/2027 (a)(r)	Upstart		08/01/2022		1,181		1,181		1,177
L3312276.SRDUP, 21.64%, 07/27/2025 (a)(r)	Upstart		08/01/2022		1,302		1,302		1,311
L3312292.SRDUP, 19.30%, 07/27/2027 (a)(r)	Upstart		08/01/2022		17,472		17,472		17,402
L3312295.SRDUP, 15.02%, 07/27/2027 (a)(r)	Upstart		08/01/2022		12,195		12,195		12,159
L3312329.SRDUP, 18.20%, 07/27/2027 (a)(r)	Upstart		08/01/2022		7,781		7,781		7,751
L3312343.SRDUP, 19.03%, 07/27/2025 (a)(r)	Upstart		08/01/2022		7,164		7,164		7,192
L3312347.SRDUP, 12.73%, 07/27/2027 (a)(r)	Upstart		08/01/2022		7,659		7,659		7,633
L3312480.SRDUP, 22.22%, 01/02/2028 (a)(o)(r)	Upstart		08/01/2022		9,968		9,968		9,917
L3312488.SRDUP, 21.64%, 07/27/2027 (a)(r)	Upstart		08/01/2022		12,609		12,609		12,640
L3312490.SRDUP, 16.86%, 07/27/2027 (a)(r)	Upstart		08/01/2022		9,866		9,866		9,836
L3312509.SRDUP, 16.96%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,881		2,881		2,870

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

122

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3312518.SRDUP, 20.84%, 07/27/2027 (a)(r)	Upstart		08/01/2022	$	5,358	$	5,358	$	5,350
L3312557.SRDUP, 21.99%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		12,450		12,450		2,412
L3312563.SRDUP, 24.35%, 07/27/2027 (a)(r)	Upstart		08/01/2022		2,041		2,041		2,044
L3312566.SRDUP, 24.23%, 07/27/2027 (a)(r)	Upstart		08/01/2022		4,419		4,419		4,410
L3312571.SRDUP, 22.12%, 07/27/2027 (a)(r)	Upstart		08/01/2022		10,530		10,530		10,514
L3312670.SRDUP, 14.56%, 07/27/2027 (a)(r)	Upstart		08/01/2022		5,656		5,656		5,638
L3312672.SRDUP, 16.83%, 07/27/2025 (a)(r)	Upstart		08/01/2022		1,995		1,995		1,998
L3312683.SRDUP, 11.33%, 07/27/2027 (a)(r)	Upstart		08/01/2022		7,999		7,999		7,962
L3312698.SRDUP, 24.28%, 12/27/2027 (a)(o)(r)	Upstart		08/01/2022		1,077		1,077		1,076
L3312797.SRDUP, 24.10%, 07/27/2027 (a)(r)	Upstart		08/01/2022		1,699		1,699		1,702
L3312812.SRDUP, 16.76%, 07/27/2025 (a)(r)	Upstart		08/01/2022		772		772		773
L3312824.SRDUP, 21.40%, 07/27/2027 (a)(r)	Upstart		08/01/2022		10,190		10,190		10,179
L3312858.SRDUP, 18.96%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		4,985		4,985		4,965
L3316279.SRDUP, 20.58%, 01/09/2028 (a)(o)(r)	Upstart		08/12/2022		30,653		29,733		2,029
L3316866.SRDUP, 11.03%, 08/01/2027 (a)(r)	Upstart		08/04/2022		20,190		19,702		20,050
L3318595.SRDUP, 21.13%, 08/01/2027 (a)(r)	Upstart		08/04/2022		5,018		4,890		4,968
L3319584.SRDUP, 21.54%, 08/01/2027 (a)(r)	Upstart		08/04/2022		6,645		6,476		6,579
L3319799.SRDUP, 23.94%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,978		1,927		1,970
L3319805.SRDUP, 24.34%, 01/01/2028 (a)(o)(r)	Upstart		08/04/2022		3,624		3,522		3,584
L3319806.SRDUP, 10.90%, 08/01/2025 (a)(r)	Upstart		08/04/2022		746		732		741
L3319810.SRDUP, 18.64%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,004		1,954		1,988
L3319824.SRDUP, 21.32%, 08/01/2027 (a)(r)	Upstart		08/04/2022		4,596		4,480		4,551
L3319826.SRDUP, 15.29%, 08/01/2027 (a)(r)	Upstart		08/04/2022		12,534		12,225		12,427
L3319837.SRDUP, 24.37%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,099		1,071		1,087
L3319872.SRDUP, 24.06%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,290		1,257		1,279
L3319874.SRDUP, 21.05%, 01/01/2028 (a)(o)(r)	Upstart		08/04/2022		2,544		2,477		2,515
L3319888.SRDUP, 22.24%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,136		2,081		2,118
L3319897.SRDUP, 23.88%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,408		2,346		2,383
L3319921.SRDUP, 24.34%, 08/01/2027 (a)(r)	Upstart		08/04/2022		7,406		7,215		7,339
L3319928.SRDUP, 17.44%, 08/01/2027 (a)(r)	Upstart		08/04/2022		9,522		9,284		9,443
L3319940.SRDUP, 16.69%, 08/01/2027 (a)(r)	Upstart		08/04/2022		37,976		37,031		37,650
L3319949.SRDUP, 20.19%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		10,284		10,011		10,192
L3319952.SRDUP, 24.13%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,291		1,257		1,277
L3319967.SRDUP, 20.83%, 08/01/2025 (a)(r)	Upstart		08/04/2022		10,034		9,834		9,956
L3320008.SRDUP, 21.91%, 08/01/2027 (a)(r)	Upstart		08/04/2022		5,369		5,232		5,286
L3320077.SRDUP, 11.57%, 08/01/2025 (a)(r)	Upstart		08/04/2022		18,897		18,539		18,721
L3320111.SRDUP, 21.21%, 08/01/2025 (a)(r)	Upstart		08/04/2022		685		671		680
L3320116.SRDUP, 22.99%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		3,179		3,096		3,129
L3320122.SRDUP, 9.83%, 08/01/2027 (a)(r)	Upstart		08/04/2022		40,421		39,565		40,170
L3320127.SRDUP, 18.72%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		12,634		12,316		12,519
L3320129.SRDUP, 24.19%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,692		2,622		2,670
L3320133.SRDUP, 20.46%, 08/01/2027 (a)(r)	Upstart		08/04/2022		11,875		11,574		11,760
L3320138.SRDUP, 13.08%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,150		1,122		1,143
L3320143.SRDUP, 21.76%, 08/01/2025 (a)(r)	Upstart		08/04/2022		5,927		5,808		5,889
L3320160.SRDUP, 24.34%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,090		2,027		2,057
L3320163.SRDUP, 15.96%, 08/01/2025 (a)(r)	Upstart		08/04/2022		4,532		4,444		4,505
L3320167.SRDUP, 19.44%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,872		2,808		2,845
L3320169.SRDUP, 17.38%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		8,559		8,302		3,743
L3320181.SRDUP, 24.06%, 08/04/2027 (a)(o)(r)	Upstart		08/04/2022		5,306		5,147		1,437
L3320189.SRDUP, 23.86%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,376		1,340		1,363
L3320197.SRDUP, 15.02%, 08/01/2027 (a)(r)	Upstart		08/04/2022		20,312		19,812		20,145
L3320204.SRDUP, 16.56%, 08/01/2025 (a)(r)	Upstart		08/04/2022		5,959		5,843		5,924
L3320212.SRDUP, 18.66%, 08/01/2027 (a)(o)(r)	Upstart		08/04/2022		5,271		5,113		776
L3320219.SRDUP, 22.72%, 08/01/2027 (a)(r)	Upstart		08/04/2022		8,291		8,079		8,220
L3320234.SRDUP, 22.78%, 08/01/2027 (a)(r)	Upstart		08/04/2022		34,527		33,646		34,247
L3320275.SRDUP, 12.92%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,790		2,722		2,773
L3320277.SRDUP, 24.37%, 08/01/2027 (a)(r)	Upstart		08/04/2022		4,651		4,531		4,602

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

123

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3320281.SRDUP, 20.67%, 01/01/2028 (a)(r)	Upstart		08/04/2022	$	19,937	$	19,438	$	19,741
L3320293.SRDUP, 17.34%, 08/15/2027 (a)(r)	Upstart		08/04/2022		2,528		2,465		2,506
L3320338.SRDUP, 19.69%, 08/01/2025 (a)(r)	Upstart		08/04/2022		815		799		809
L3320342.SRDUP, 21.36%, 08/01/2027 (a)(r)	Upstart		08/04/2022		1,873		1,825		1,854
L3320357.SRDUP, 11.47%, 08/01/2027 (a)(r)	Upstart		08/04/2022		2,216		2,162		2,202
L3320372.SRDUP, 18.25%, 08/01/2027 (a)(r)	Upstart		08/04/2022		8,908		8,685		8,828
L3320380.SRDUP, 16.07%, 08/01/2027 (a)(r)	Upstart		08/04/2022		18,325		17,871		18,165
L3321504.SRDUP, 17.52%, 08/02/2027 (a)(r)	Upstart		08/05/2022		11,356		11,072		11,258
L3321962.SRDUP, 24.06%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,462		1,425		1,450
L3322357.SRDUP, 24.17%, 08/02/2027 (a)(r)	Upstart		08/05/2022		947		922		939
L3324226.SRDUP, 22.84%, 08/03/2027 (a)(r)	Upstart		08/08/2022		940		916		934
L3324242.SRDUP, 24.26%, 08/02/2027 (a)(r)	Upstart		08/05/2022		6,032		5,852		6,015
L3324468.SRDUP, 20.96%, 08/03/2027 (a)(r)	Upstart		08/08/2022		15,726		15,327		15,612
L3324484.SRDUP, 17.42%, 08/02/2025 (a)(o)(r)	Upstart		08/05/2022		4,952		4,805		4,919
L3324749.SRDUP, 19.07%, 08/02/2027 (a)(r)	Upstart		08/05/2022		5,863		5,693		5,816
L3324913.SRDUP, 18.73%, 08/02/2027 (a)(r)	Upstart		08/05/2022		16,843		16,420		16,693
L3324932.SRDUP, 23.29%, 06/02/2028 (a)(o)(r)	Upstart		08/05/2022		899		873		890
L3324959.SRDUP, 17.05%, 08/02/2027 (a)(r)	Upstart		08/05/2022		3,841		3,745		3,808
L3324977.SRDUP, 24.10%, 08/02/2027 (a)(r)	Upstart		08/05/2022		3,342		3,256		3,313
L3324988.SRDUP, 15.03%, 08/02/2027 (a)(r)	Upstart		08/05/2022		6,629		6,466		6,573
L3325036.SRDUP, 12.75%, 08/02/2027 (a)(r)	Upstart		08/05/2022		20,775		20,256		20,640
L3325038.SRDUP, 15.67%, 06/02/2026 (a)(r)	Upstart		08/05/2022		4,526		4,406		4,491
L3325048.SRDUP, 18.54%, 08/02/2025 (a)(r)	Upstart		08/05/2022		12,151		11,911		12,063
L3325053.SRDUP, 24.35%, 08/02/2027 (a)(r)	Upstart		08/05/2022		11,196		10,908		11,098
L3325065.SRDUP, 22.06%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		5,522		5,382		5,472
L3325074.SRDUP, 13.51%, 08/02/2025 (a)(o)(r)	Upstart		08/05/2022		710		689		206
L3325085.SRDUP, 18.62%, 08/02/2027 (a)(r)	Upstart		08/05/2022		5,387		5,252		5,339
L3325107.SRDUP, 22.94%, 08/08/2027 (a)(r)	Upstart		08/05/2022		166		162		164
L3325121.SRDUP, 23.95%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,290		1,257		1,286
L3325164.SRDUP, 15.51%, 08/02/2027 (a)(r)	Upstart		08/05/2022		8,305		8,100		8,234
L3325178.SRDUP, 21.55%, 08/02/2027 (a)(r)	Upstart		08/05/2022		5,538		5,414		5,495
L3325183.SRDUP, 16.91%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		21,986		21,327		3,236
L3325184.SRDUP, 24.26%, 08/02/2027 (a)(r)	Upstart		08/05/2022		7,105		6,922		7,033
L3325187.SRDUP, 16.96%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,841		2,770		2,817
L3325205.SRDUP, 21.86%, 08/02/2027 (a)(r)	Upstart		08/05/2022		10,217		9,957		10,129
L3325225.SRDUP, 24.36%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		18,738		18,176		4,970
L3325228.SRDUP, 24.13%, 08/02/2027 (a)(r)	Upstart		08/05/2022		12,807		12,478		12,708
L3325231.SRDUP, 24.33%, 08/02/2027 (a)(r)	Upstart		08/05/2022		3,703		3,608		3,691
L3325241.SRDUP, 12.78%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		17,214		16,697		3,110
L3325257.SRDUP, 21.18%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		8,932		8,664		1,670
L3325282.SRDUP, 21.78%, 01/02/2028 (a)(o)(r)	Upstart		08/05/2022		1,142		1,108		506
L3325286.SRDUP, 12.54%, 08/02/2027 (a)(r)	Upstart		08/05/2022		4,915		4,795		4,885
L3325289.SRDUP, 13.13%, 08/02/2027 (a)(r)	Upstart		08/05/2022		8,215		8,014		8,164
L3325301.SRDUP, 22.48%, 08/02/2027 (a)(r)	Upstart		08/05/2022		10,004		9,778		9,922
L3325305.SRDUP, 21.40%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		21,528		20,904		21,336
L3325310.SRDUP, 23.46%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		3,339		3,257		3,315
L3325321.SRDUP, 22.51%, 08/02/2027 (a)(r)	Upstart		08/05/2022		8,552		8,333		8,467
L3325322.SRDUP, 24.35%, 08/02/2027 (a)(r)	Upstart		08/05/2022		7,751		7,551		7,683
L3325325.SRDUP, 23.33%, 08/02/2027 (a)(r)	Upstart		08/05/2022		19,307		18,788		19,122
L3325343.SRDUP, 13.52%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,721		2,655		2,703
L3325345.SRDUP, 13.12%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,235		1,205		1,228
L3325348.SRDUP, 16.86%, 08/02/2025 (a)(r)	Upstart		08/05/2022		10,096		9,922		10,003
L3325351.SRDUP, 24.20%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,549		1,509		1,536
L3325394.SRDUP, 15.94%, 08/02/2025 (a)(r)	Upstart		08/05/2022		3,998		3,921		3,976
L3325403.SRDUP, 19.16%, 08/02/2027 (a)(r)	Upstart		08/05/2022		844		823		836
L3325407.SRDUP, 13.43%, 08/02/2027 (a)(r)	Upstart		08/05/2022		4,113		4,012		4,087
L3325413.SRDUP, 24.29%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,411		2,349		2,390

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

124

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3325455.SRDUP, 24.19%, 08/02/2027 (a)(r)	Upstart		08/05/2022	$	1,807	$	1,761	$	1,792
L3325512.SRDUP, 15.61%, 08/02/2025 (a)(r)	Upstart		08/05/2022		665		652		662
L3325559.SRDUP, 20.27%, 08/02/2027 (a)(r)	Upstart		08/05/2022		2,484		2,421		2,462
L3325577.SRDUP, 19.96%, 01/02/2028 (a)(r)	Upstart		08/05/2022		5,365		5,245		5,307
L3325596.SRDUP, 14.90%, 08/02/2027 (a)(r)	Upstart		08/05/2022		6,920		6,750		6,858
L3325602.SRDUP, 24.01%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,327		1,291		1,312
L3325655.SRDUP, 17.23%, 08/02/2027 (a)(o)(r)	Upstart		08/05/2022		5,038		4,912		4,994
L3325657.SRDUP, 22.31%, 08/02/2027 (a)(r)	Upstart		08/05/2022		14,954		14,572		14,833
L3325658.SRDUP, 17.45%, 08/02/2027 (a)(r)	Upstart		08/05/2022		9,213		8,983		9,133
L3325659.SRDUP, 10.94%, 08/02/2025 (a)(r)	Upstart		08/05/2022		2,598		2,549		2,580
L3325663.SRDUP, 23.60%, 08/02/2027 (a)(r)	Upstart		08/05/2022		7,959		7,755		7,877
L3325678.SRDUP, 19.71%, 08/02/2027 (a)(r)	Upstart		08/05/2022		1,860		1,813		1,843
L3325687.SRDUP, 24.10%, 08/02/2027 (a)(r)	Upstart		08/05/2022		890		867		879
L3325691.SRDUP, 9.81%, 08/02/2027 (a)(r)	Upstart		08/05/2022		22,635		22,092		22,495
L3325740.SRDUP, 21.13%, 01/18/2028 (a)(r)	Upstart		08/08/2022		9,571		9,317		9,481
L3326099.SRDUP, 19.68%, 08/03/2025 (a)(r)	Upstart		08/08/2022		3,833		3,757		3,808
L3327144.SRDUP, 18.48%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,346		1,312		1,334
L3327322.SRDUP, 20.74%, 08/03/2027 (a)(r)	Upstart		08/08/2022		4,755		4,635		4,712
L3327523.SRDUP, 21.93%, 08/03/2027 (a)(r)	Upstart		08/08/2022		4,778		4,656		4,733
L3327539.SRDUP, 20.36%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		10,176		9,918		10,084
L3327783.SRDUP, 24.37%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		22,972		22,283		10,895
L3327884.SRDUP, 17.23%, 08/03/2027 (a)(r)	Upstart		08/08/2022		9,204		8,975		9,125
L3327950.SRDUP, 24.39%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,464		1,427		1,452
L3327951.SRDUP, 16.12%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		2,962		2,873		545
L3327969.SRDUP, 21.69%, 08/03/2027 (a)(r)	Upstart		08/08/2022		2,728		2,658		2,707
L3327996.SRDUP, 18.13%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,780		3,685		3,747
L3328074.SRDUP, 24.38%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		1,246		1,208		100
L3328160.SRDUP, 21.82%, 08/03/2027 (a)(r)	Upstart		08/08/2022		7,335		7,148		7,279
L3328192.SRDUP, 15.93%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,555		1,516		1,544
L3328216.SRDUP, 22.20%, 08/03/2027 (a)(r)	Upstart		08/08/2022		11,312		11,024		11,213
L3328221.SRDUP, 24.24%, 08/03/2027 (a)(r)	Upstart		08/08/2022		947		923		939
L3328261.SRDUP, 21.25%, 08/18/2027 (a)(r)	Upstart		08/08/2022		6,007		5,854		5,954
L3328315.SRDUP, 23.97%, 08/03/2027 (a)(r)	Upstart		08/08/2022		7,782		7,582		7,706
L3328330.SRDUP, 13.40%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		25,880		25,103		4,679
L3328360.SRDUP, 20.13%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,727		3,633		3,693
L3328430.SRDUP, 18.66%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		3,514		3,408		642
L3328484.SRDUP, 18.06%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		5,861		5,686		2,722
L3328499.SRDUP, 24.16%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,205		1,174		1,195
L3328509.SRDUP, 17.07%, 01/05/2028 (a)(r)	Upstart		08/10/2022		5,295		5,159		5,249
L3328586.SRDUP, 17.20%, 08/03/2027 (a)(r)	Upstart		08/08/2022		5,045		4,920		5,002
L3328771.SRDUP, 19.34%, 08/03/2027 (a)(r)	Upstart		08/08/2022		4,643		4,526		4,602
L3328781.SRDUP, 12.12%, 08/03/2027 (a)(r)	Upstart		08/08/2022		6,233		6,081		6,197
L3328802.SRDUP, 13.39%, 08/03/2025 (a)(r)	Upstart		08/08/2022		2,765		2,712		2,742
L3328810.SRDUP, 22.40%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,453		1,416		1,442
L3328824.SRDUP, 11.28%, 08/03/2027 (a)(r)	Upstart		08/08/2022		10,422		10,170		10,360
L3328846.SRDUP, 15.15%, 08/03/2027 (a)(r)	Upstart		08/08/2022		6,633		6,488		6,577
L3328874.SRDUP, 24.19%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,357		3,270		3,329
L3328915.SRDUP, 12.77%, 08/03/2027 (a)(r)	Upstart		08/08/2022		41,003		40,003		40,757
L3329055.SRDUP, 14.86%, 08/03/2027 (a)(r)	Upstart		08/08/2022		9,217		8,990		9,141
L3329088.SRDUP, 22.94%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		13,718		13,307		3,632
L3329098.SRDUP, 14.93%, 08/03/2027 (a)(r)	Upstart		08/08/2022		8,283		8,079		8,214
L3329108.SRDUP, 21.00%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,020		994		1,011
L3329112.SRDUP, 24.32%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,789		3,692		3,758
L3329189.SRDUP, 24.16%, 08/03/2027 (a)(r)	Upstart		08/08/2022		3,959		3,869		3,926
L3329272.SRDUP, 20.18%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		1,307		1,268		331
L3329389.SRDUP, 11.77%, 08/03/2025 (a)(r)	Upstart		08/08/2022		3,914		3,839		3,878
L3329500.SRDUP, 24.04%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		1,221		1,184		587

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

125

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3329542.SRDUP, 12.84%, 08/03/2027 (a)(r)	Upstart		08/08/2022	$	11,971	$	11,679	$	11,901
L3329611.SRDUP, 16.16%, 01/03/2026 (a)(o)(r)	Upstart		08/08/2022		5,380		5,219		1,493
L3329625.SRDUP, 24.05%, 08/03/2027 (a)(o)(r)	Upstart		08/08/2022		1,683		1,635		1,670
L3329647.SRDUP, 23.02%, 08/03/2027 (a)(r)	Upstart		08/08/2022		1,285		1,252		1,275
L3330225.SRDUP, 23.90%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,032		1,005		1,022
L3330321.SRDUP, 17.99%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		11,187		10,851		2,824
L3330502.SRDUP, 10.16%, 08/04/2027 (a)(r)	Upstart		08/09/2022		10,527		10,274		10,463
L3331070.SRDUP, 20.95%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		1,229		1,199		1,217
L3331127.SRDUP, 21.27%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,061		1,037		1,051
L3331146.SRDUP, 10.81%, 08/04/2025 (a)(r)	Upstart		08/09/2022		1,298		1,273		1,289
L3331188.SRDUP, 23.41%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		1,713		1,665		1,698
L3331199.SRDUP, 24.37%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		2,096		2,033		1,010
L3331252.SRDUP, 24.39%, 08/08/2027 (a)(r)	Upstart		08/09/2022		3,972		3,870		3,941
L3331262.SRDUP, 24.06%, 08/04/2027 (a)(r)	Upstart		08/09/2022		909		886		900
L3331276.SRDUP, 23.86%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,289		1,256		1,279
L3331309.SRDUP, 24.36%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		4,102		3,979		1,120
L3331315.SRDUP, 24.32%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,808		1,762		1,791
L3331357.SRDUP, 17.44%, 08/04/2025 (a)(r)	Upstart		08/09/2022		6,180		6,073		6,157
L3331419.SRDUP, 22.38%, 08/04/2027 (a)(r)	Upstart		08/09/2022		7,180		6,996		7,127
L3331456.SRDUP, 24.38%, 08/04/2027 (a)(r)	Upstart		08/09/2022		21,791		21,230		21,581
L3331514.SRDUP, 22.63%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,909		2,835		2,882
L3331573.SRDUP, 23.64%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,117		1,088		1,106
L3331686.SRDUP, 14.06%, 08/04/2027 (a)(r)	Upstart		08/09/2022		9,074		8,851		9,001
L3331693.SRDUP, 22.32%, 08/04/2027 (a)(r)	Upstart		08/09/2022		5,982		5,829		5,938
L3331769.SRDUP, 21.48%, 08/04/2027 (a)(r)	Upstart		08/09/2022		12,741		12,417		12,637
L3331824.SRDUP, 24.29%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,938		1,888		1,920
L3331918.SRDUP, 19.09%, 08/04/2025 (a)(r)	Upstart		08/09/2022		2,708		2,654		2,690
L3331964.SRDUP, 24.19%, 08/04/2027 (a)(r)	Upstart		08/09/2022		4,906		4,780		4,867
L3331966.SRDUP, 23.20%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,688		2,620		2,674
L3331975.SRDUP, 15.31%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,074		2,023		2,057
L3331978.SRDUP, 16.78%, 08/13/2027 (a)(o)(r)	Upstart		08/09/2022		11,904		11,576		11,077
L3331983.SRDUP, 15.15%, 08/04/2025 (a)(r)	Upstart		08/09/2022		3,717		3,645		3,698
L3332024.SRDUP, 20.29%, 08/04/2027 (a)(r)	Upstart		08/09/2022		848		826		840
L3332058.SRDUP, 15.34%, 08/04/2027 (a)(r)	Upstart		08/09/2022		4,140		4,037		4,109
L3332165.SRDUP, 20.25%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		1,849		1,794		272
L3332224.SRDUP, 23.74%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,117		1,088		1,108
L3332227.SRDUP, 16.11%, 08/04/2027 (a)(r)	Upstart		08/09/2022		32,505		31,699		32,239
L3332231.SRDUP, 12.99%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,888		1,842		1,877
L3332261.SRDUP, 26.71%, 08/04/2027 (a)(r)	Upstart		08/09/2022		5,039		4,907		5,024
L3332275.SRDUP, 24.35%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		19,941		19,343		2,935
L3332276.SRDUP, 20.27%, 08/04/2027 (a)(r)	Upstart		08/09/2022		10,170		9,913		10,082
L3332282.SRDUP, 24.25%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,033		1,006		1,024
L3332303.SRDUP, 13.43%, 08/04/2027 (a)(r)	Upstart		08/09/2022		5,759		5,618		5,725
L3332323.SRDUP, 24.15%, 08/04/2027 (a)(r)	Upstart		08/09/2022		2,237		2,180		2,220
L3332372.SRDUP, 11.30%, 08/04/2027 (a)(r)	Upstart		08/09/2022		8,143		7,969		8,093
L3332389.SRDUP, 17.52%, 08/04/2027 (a)(r)	Upstart		08/09/2022		4,189		4,084		4,163
L3332392.SRDUP, 20.63%, 08/04/2027 (a)(r)	Upstart		08/09/2022		22,069		21,509		21,875
L3332416.SRDUP, 24.21%, 08/04/2027 (a)(r)	Upstart		08/09/2022		1,722		1,677		1,708
L3332419.SRDUP, 21.12%, 08/04/2027 (a)(r)	Upstart		08/09/2022		4,588		4,471		4,546
L3332438.SRDUP, 16.85%, 08/04/2027 (a)(r)	Upstart		08/09/2022		8,353		8,170		8,284
L3333092.SRDUP, 18.94%, 08/09/2027 (a)(r)	Upstart		08/12/2022		9,287		9,053		9,219
L3333526.SRDUP, 16.48%, 08/05/2027 (a)(r)	Upstart		08/10/2022		1,835		1,789		1,820
L3334163.SRDUP, 23.85%, 08/05/2027 (a)(r)	Upstart		08/10/2022		1,289		1,256		1,280
L3334243.SRDUP, 13.25%, 08/05/2025 (a)(r)	Upstart		08/10/2022		865		848		858
L3334276.SRDUP, 13.91%, 08/05/2027 (a)(r)	Upstart		08/10/2022		9,893		9,650		9,834
L3334336.SRDUP, 24.24%, 08/05/2027 (a)(r)	Upstart		08/10/2022		7,231		7,045		7,164
L3334338.SRDUP, 23.54%, 08/05/2027 (a)(r)	Upstart		08/10/2022		1,160		1,130		1,147

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

126

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3334343.SRDUP, 18.72%, 08/05/2025 (a)(r)	Upstart		08/10/2022	$	10,135	$	9,934	$	10,072
L3334442.SRDUP, 13.58%, 08/05/2025 (a)(r)	Upstart		08/10/2022		6,584		6,458		6,526
L3334497.SRDUP, 17.06%, 08/05/2027 (a)(r)	Upstart		08/10/2022		5,853		5,707		5,805
L3334522.SRDUP, 22.20%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		2,040		1,985		2,025
L3334606.SRDUP, 14.89%, 08/05/2025 (a)(r)	Upstart		08/10/2022		14,783		14,496		14,711
L3334616.SRDUP, 24.33%, 08/05/2027 (a)(r)	Upstart		08/10/2022		8,734		8,514		8,669
L3334644.SRDUP, 16.25%, 08/05/2027 (a)(r)	Upstart		08/10/2022		11,998		11,700		11,901
L3334694.SRDUP, 12.97%, 08/20/2027 (a)(o)(r)	Upstart		08/10/2022		7,203		6,988		6,708
L3334780.SRDUP, 13.56%, 08/05/2027 (a)(r)	Upstart		08/10/2022		41,153		40,144		40,911
L3334786.SRDUP, 16.68%, 08/06/2027 (a)(r)	Upstart		08/10/2022		6,263		6,107		6,212
L3334813.SRDUP, 13.93%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		26,413		25,621		2,866
L3334820.SRDUP, 24.32%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,928		2,852		2,905
L3334886.SRDUP, 23.51%, 08/05/2027 (a)(r)	Upstart		08/10/2022		12,021		11,712		11,933
L3334937.SRDUP, 12.64%, 08/05/2027 (a)(r)	Upstart		08/10/2022		1,231		1,201		1,224
L3334967.SRDUP, 21.24%, 08/05/2027 (a)(r)	Upstart		08/10/2022		13,614		13,268		13,525
L3334975.SRDUP, 23.22%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		1,726		1,675		833
L3335016.SRDUP, 24.30%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		7,504		7,280		3,620
L3335035.SRDUP, 24.36%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,146		2,091		2,123
L3335041.SRDUP, 24.28%, 01/05/2028 (a)(o)(r)	Upstart		08/10/2022		2,362		2,292		2,340
L3335049.SRDUP, 24.35%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,067		2,014		2,047
L3335052.SRDUP, 19.86%, 08/05/2025 (a)(r)	Upstart		08/10/2022		1,006		986		999
L3335057.SRDUP, 24.20%, 08/05/2027 (a)(r)	Upstart		08/10/2022		861		838		859
L3335154.SRDUP, 19.62%, 08/05/2027 (a)(r)	Upstart		08/10/2022		1,944		1,895		1,928
L3335157.SRDUP, 15.14%, 08/05/2027 (a)(r)	Upstart		08/10/2022		15,748		15,359		15,620
L3335167.SRDUP, 24.38%, 08/05/2027 (a)(r)	Upstart		08/10/2022		4,575		4,438		4,505
L3335193.SRDUP, 9.39%, 08/05/2025 (a)(r)	Upstart		08/10/2022		3,543		3,476		3,519
L3335198.SRDUP, 11.20%, 08/05/2025 (a)(r)	Upstart		08/10/2022		1,301		1,276		1,292
L3335206.SRDUP, 11.89%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		23,564		23,022		23,441
L3335234.SRDUP, 24.25%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		5,506		5,341		1,467
L3335255.SRDUP, 15.93%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,496		2,434		2,476
L3335274.SRDUP, 19.94%, 08/05/2027 (a)(r)	Upstart		08/10/2022		16,928		16,500		16,783
L3335293.SRDUP, 24.28%, 08/05/2027 (a)(r)	Upstart		08/10/2022		17,220		16,776		17,059
L3335300.SRDUP, 20.77%, 01/05/2026 (a)(o)(r)	Upstart		08/10/2022		3,823		3,738		3,773
L3335309.SRDUP, 21.34%, 08/05/2027 (a)(r)	Upstart		08/10/2022		851		829		844
L3335310.SRDUP, 17.09%, 08/05/2027 (a)(r)	Upstart		08/10/2022		3,345		3,262		3,318
L3335328.SRDUP, 22.19%, 08/05/2027 (a)(r)	Upstart		08/10/2022		12,812		12,485		12,698
L3335330.SRDUP, 12.79%, 08/05/2027 (a)(r)	Upstart		08/10/2022		4,101		4,001		4,077
L3335335.SRDUP, 20.55%, 08/05/2025 (a)(r)	Upstart		08/10/2022		682		668		677
L3335372.SRDUP, 12.85%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		13,915		13,576		13,839
L3335803.SRDUP, 23.23%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,802		4,679		4,763
L3336555.SRDUP, 13.86%, 08/08/2027 (a)(r)	Upstart		08/11/2022		6,173		6,004		6,140
L3336582.SRDUP, 23.96%, 01/08/2028 (a)(o)(r)	Upstart		08/11/2022		4,187		4,066		4,158
L3336587.SRDUP, 24.41%, 08/08/2027 (a)(r)	Upstart		08/11/2022		948		923		942
L3336591.SRDUP, 18.08%, 08/08/2027 (a)(r)	Upstart		08/11/2022		9,404		9,193		9,338
L3336612.SRDUP, 20.66%, 08/08/2025 (a)(r)	Upstart		08/11/2022		2,319		2,272		2,307
L3336614.SRDUP, 24.39%, 08/08/2027 (a)(r)	Upstart		08/11/2022		5,522		5,380		5,490
L3336615.SRDUP, 24.37%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,464		1,426		1,455
L3336630.SRDUP, 14.29%, 08/08/2027 (a)(r)	Upstart		08/11/2022		3,291		3,209		3,268
L3336636.SRDUP, 20.21%, 01/08/2028 (a)(o)(r)	Upstart		08/11/2022		12,465		12,175		12,361
L3336656.SRDUP, 23.24%, 08/08/2027 (a)(r)	Upstart		08/11/2022		6,860		6,684		6,804
L3336710.SRDUP, 14.10%, 08/08/2027 (a)(r)	Upstart		08/11/2022		3,713		3,622		3,692
L3336748.SRDUP, 10.37%, 08/10/2027 (a)(r)	Upstart		08/15/2022		40,594		39,618		40,358
L3336754.SRDUP, 23.89%, 08/08/2027 (a)(r)	Upstart		08/11/2022		881		858		872
L3336846.SRDUP, 13.41%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		10,208		9,902		2,545
L3336860.SRDUP, 17.48%, 08/08/2025 (a)(r)	Upstart		08/11/2022		2,015		1,980		2,006
L3336939.SRDUP, 24.36%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		2,084		2,023		2,072
L3337038.SRDUP, 13.11%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,232		1,202		1,225

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

127

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3337065.SRDUP, 19.46%, 08/08/2027 (a)(r)	Upstart		08/11/2022	$	845	$	823	$	838
L3337105.SRDUP, 15.18%, 08/08/2027 (a)(r)	Upstart		08/11/2022		3,317		3,235		3,292
L3337137.SRDUP, 22.45%, 08/08/2027 (a)(r)	Upstart		08/11/2022		3,163		3,092		3,145
L3337154.SRDUP, 15.75%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,663		1,621		1,650
L3337164.SRDUP, 13.34%, 08/08/2027 (a)(r)	Upstart		08/11/2022		25,490		24,865		25,304
L3337180.SRDUP, 21.63%, 08/08/2027 (a)(r)	Upstart		08/11/2022		16,770		16,342		16,653
L3337218.SRDUP, 23.75%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,813		4,689		4,783
L3337257.SRDUP, 22.81%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		38,042		37,068		37,775
L3337279.SRDUP, 16.73%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,175		4,071		4,143
L3337295.SRDUP, 18.29%, 08/08/2027 (a)(r)	Upstart		08/11/2022		23,369		22,781		23,186
L3337320.SRDUP, 24.31%, 08/08/2027 (a)(r)	Upstart		08/11/2022		3,703		3,607		3,703
L3337326.SRDUP, 20.19%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		1,040		1,009		462
L3337328.SRDUP, 18.14%, 08/08/2027 (a)(r)	Upstart		08/11/2022		5,040		4,914		5,001
L3337331.SRDUP, 14.34%, 08/08/2025 (a)(o)(r)	Upstart		08/11/2022		26,738		25,940		15,121
L3337357.SRDUP, 24.15%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		20,012		19,411		3,868
L3337445.SRDUP, 24.26%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,026		999		1,020
L3337519.SRDUP, 24.31%, 08/08/2027 (a)(r)	Upstart		08/11/2022		2,955		2,879		2,938
L3337599.SRDUP, 18.51%, 08/08/2027 (a)(r)	Upstart		08/11/2022		8,934		8,710		8,865
L3337620.SRDUP, 24.38%, 08/08/2027 (a)(r)	Upstart		08/11/2022		16,272		15,852		16,184
L3337668.SRDUP, 18.62%, 08/23/2027 (a)(r)	Upstart		08/11/2022		3,223		3,142		3,199
L3337682.SRDUP, 20.05%, 08/08/2027 (a)(r)	Upstart		08/11/2022		4,234		4,126		4,202
L3337703.SRDUP, 18.38%, 08/15/2025 (a)(r)	Upstart		08/11/2022		4,061		3,980		4,041
L3337769.SRDUP, 24.32%, 08/08/2027 (a)(r)	Upstart		08/11/2022		14,208		13,841		14,088
L3337784.SRDUP, 24.07%, 08/08/2027 (a)(r)	Upstart		08/11/2022		7,743		7,543		7,678
L3337820.SRDUP, 19.91%, 08/08/2027 (a)(r)	Upstart		08/11/2022		1,450		1,412		1,440
L3337835.SRDUP, 14.20%, 08/08/2027 (a)(r)	Upstart		08/11/2022		5,759		5,617		5,721
L3337906.SRDUP, 16.31%, 08/08/2027 (a)(r)	Upstart		08/11/2022		9,000		8,776		8,932
L3337936.SRDUP, 10.73%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		1,681		1,630		399
L3337947.SRDUP, 17.32%, 08/08/2027 (a)(r)	Upstart		08/11/2022		3,332		3,249		3,309
L3337979.SRDUP, 24.23%, 08/08/2027 (a)(r)	Upstart		08/11/2022		729		711		721
L3338050.SRDUP, 24.22%, 08/08/2027 (a)(o)(r)	Upstart		08/11/2022		1,218		1,182		1,208
L3338664.SRDUP, 23.49%, 08/10/2027 (a)(r)	Upstart		08/15/2022		5,322		5,185		5,293
L3340632.SRDUP, 17.80%, 08/09/2027 (a)(r)	Upstart		08/12/2022		21,808		21,261		21,643
L3340846.SRDUP, 14.80%, 08/09/2027 (a)(r)	Upstart		08/12/2022		12,416		12,109		12,326
L3341076.SRDUP, 10.32%, 08/09/2025 (a)(o)(r)	Upstart		08/12/2022		8,088		7,846		4,527
L3341604.SRDUP, 24.37%, 08/16/2027 (a)(r)	Upstart		08/12/2022		6,196		6,037		6,156
L3341625.SRDUP, 17.08%, 08/09/2027 (a)(r)	Upstart		08/12/2022		11,735		11,442		11,648
L3341677.SRDUP, 13.13%, 08/09/2025 (a)(o)(r)	Upstart		08/12/2022		9,650		9,415		9,585
L3341682.SRDUP, 18.20%, 08/09/2025 (a)(o)(r)	Upstart		08/12/2022		1,223		1,186		1,218
L3341704.SRDUP, 23.84%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		1,171		1,136		223
L3341717.SRDUP, 19.95%, 08/15/2027 (a)(r)	Upstart		08/12/2022		24,625		24,001		24,451
L3341749.SRDUP, 17.51%, 08/09/2027 (a)(r)	Upstart		08/12/2022		6,762		6,593		6,712
L3341759.SRDUP, 24.15%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,033		1,009		1,024
L3341805.SRDUP, 23.67%, 08/09/2027 (a)(r)	Upstart		08/12/2022		4,209		4,101		4,184
L3341816.SRDUP, 20.30%, 01/09/2028 (a)(o)(r)	Upstart		08/12/2022		26,490		25,716		26,272
L3341825.SRDUP, 13.75%, 08/09/2027 (a)(r)	Upstart		08/12/2022		3,213		3,143		3,190
L3341837.SRDUP, 16.58%, 08/09/2027 (a)(r)	Upstart		08/12/2022		17,897		17,441		17,769
L3341925.SRDUP, 20.98%, 08/09/2025 (a)(r)	Upstart		08/12/2022		2,049		2,008		2,039
L3341955.SRDUP, 24.40%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,604		2,533		2,583
L3341962.SRDUP, 18.76%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		6,033		5,852		2,670
L3342073.SRDUP, 23.36%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,459		1,421		1,450
L3342110.SRDUP, 18.67%, 08/09/2027 (a)(r)	Upstart		08/12/2022		7,094		6,906		7,024
L3342120.SRDUP, 21.37%, 08/09/2025 (a)(o)(r)	Upstart		08/12/2022		691		675		688
L3342129.SRDUP, 22.43%, 08/09/2027 (a)(r)	Upstart		08/12/2022		8,549		8,330		8,502
L3342154.SRDUP, 21.88%, 08/09/2027 (a)(r)	Upstart		08/12/2022		4,886		4,762		4,847
L3342196.SRDUP, 22.70%, 08/09/2027 (a)(r)	Upstart		08/12/2022		4,686		4,561		4,663
L3342241.SRDUP, 24.40%, 08/09/2027 (a)(r)	Upstart		08/12/2022		4,738		4,615		4,709

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

128

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3342266.SRDUP, 24.40%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022	$	2,503	$	2,429	$	2,488
L3342277.SRDUP, 9.84%, 08/09/2025 (a)(r)	Upstart		08/12/2022		922		905		917
L3342287.SRDUP, 22.66%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		5,335		5,175		2,480
L3342349.SRDUP, 12.04%, 08/09/2027 (a)(r)	Upstart		08/12/2022		3,596		3,508		3,576
L3342369.SRDUP, 18.65%, 08/09/2027 (a)(r)	Upstart		08/12/2022		9,449		9,211		9,377
L3342371.SRDUP, 13.72%, 08/09/2027 (a)(r)	Upstart		08/12/2022		824		803		819
L3342388.SRDUP, 24.36%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,120		1,091		1,113
L3342402.SRDUP, 10.98%, 08/09/2027 (a)(r)	Upstart		08/12/2022		40,652		39,667		40,413
L3342413.SRDUP, 24.28%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,113		2,064		2,084
L3342427.SRDUP, 24.29%, 08/09/2027 (a)(r)	Upstart		08/12/2022		6,200		6,040		6,162
L3342459.SRDUP, 24.34%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		5,396		5,235		794
L3342477.SRDUP, 23.12%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,572		2,506		2,551
L3342482.SRDUP, 16.37%, 08/09/2027 (a)(r)	Upstart		08/12/2022		16,256		15,851		16,135
L3342485.SRDUP, 24.31%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,067		2,013		2,054
L3342499.SRDUP, 24.21%, 08/09/2027 (a)(r)	Upstart		08/12/2022		767		747		757
L3342537.SRDUP, 24.33%, 08/09/2027 (a)(r)	Upstart		08/12/2022		2,153		2,104		2,140
L3342549.SRDUP, 17.64%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,257		1,226		1,248
L3342573.SRDUP, 24.37%, 08/09/2027 (a)(r)	Upstart		08/12/2022		4,909		4,783		4,879
L3342624.SRDUP, 14.33%, 08/09/2027 (a)(r)	Upstart		08/12/2022		1,649		1,609		1,638
L3342659.SRDUP, 19.47%, 08/09/2027 (a)(r)	Upstart		08/12/2022		7,548		7,357		7,493
L3342687.SRDUP, 13.12%, 08/09/2027 (a)(r)	Upstart		08/12/2022		6,544		6,384		6,511
L3342727.SRDUP, 17.14%, 08/09/2025 (a)(r)	Upstart		08/12/2022		983		964		977
L3342908.SRDUP, 11.90%, 08/10/2027 (a)(r)	Upstart		08/15/2022		13,593		13,261		13,509
L3343140.SRDUP, 19.76%, 08/10/2027 (a)(r)	Upstart		08/15/2022		7,838		7,640		7,792
L3343534.SRDUP, 11.81%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		1,623		1,582		1,613
L3343669.SRDUP, 24.38%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		18,682		18,150		18,543
L3343971.SRDUP, 12.94%, 08/10/2027 (a)(r)	Upstart		08/15/2022		69		67		69
L3344086.SRDUP, 20.72%, 08/10/2027 (a)(r)	Upstart		08/15/2022		6,777		6,578		6,736
L3344142.SRDUP, 21.22%, 08/10/2025 (a)(r)	Upstart		08/15/2022		1,060		1,039		1,048
L3344189.SRDUP, 24.26%, 01/10/2028 (a)(r)	Upstart		08/15/2022		4,724		4,590		4,678
L3344204.SRDUP, 23.06%, 01/10/2028 (a)(o)(r)	Upstart		08/15/2022		3,276		3,177		860
L3344355.SRDUP, 24.25%, 08/10/2027 (a)(r)	Upstart		08/15/2022		2,959		2,883		2,945
L3344380.SRDUP, 15.30%, 08/10/2027 (a)(r)	Upstart		08/15/2022		14,934		14,563		14,827
L3344403.SRDUP, 22.37%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,709		1,666		1,701
L3344404.SRDUP, 22.89%, 08/10/2027 (a)(r)	Upstart		08/15/2022		12,846		12,516		12,749
L3344419.SRDUP, 24.28%, 08/10/2027 (a)(r)	Upstart		08/15/2022		6,888		6,710		6,834
L3344431.SRDUP, 21.55%, 08/10/2027 (a)(r)	Upstart		08/15/2022		12,012		11,705		11,925
L3344444.SRDUP, 13.76%, 08/10/2027 (a)(r)	Upstart		08/15/2022		2,472		2,411		2,455
L3344445.SRDUP, 23.72%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		1,450		1,406		964
L3344527.SRDUP, 24.34%, 08/10/2027 (a)(r)	Upstart		08/15/2022		3,537		3,446		3,517
L3344555.SRDUP, 17.13%, 08/10/2027 (a)(r)	Upstart		08/15/2022		5,688		5,545		5,646
L3344597.SRDUP, 16.43%, 08/10/2027 (a)(r)	Upstart		08/15/2022		2,502		2,440		2,484
L3344623.SRDUP, 19.20%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		4,589		4,451		676
L3344636.SRDUP, 22.66%, 08/10/2027 (a)(r)	Upstart		08/15/2022		6,332		6,170		6,299
L3344675.SRDUP, 16.66%, 08/10/2027 (a)(r)	Upstart		08/15/2022		1,920		1,872		1,906
L3344676.SRDUP, 24.00%, 08/10/2027 (a)(r)	Upstart		08/15/2022		27,266		26,563		27,113
L3344681.SRDUP, 15.35%, 08/10/2027 (a)(r)	Upstart		08/15/2022		13,692		13,392		13,594
L3344765.SRDUP, 18.07%, 08/10/2025 (a)(r)	Upstart		08/15/2022		1,549		1,518		1,543
L3344812.SRDUP, 10.51%, 08/10/2027 (a)(r)	Upstart		08/15/2022		16,223		15,831		16,128
L3344834.SRDUP, 21.36%, 08/10/2025 (a)(o)(r)	Upstart		08/15/2022		685		668		681
L3344903.SRDUP, 12.02%, 08/15/2027 (a)(r)	Upstart		08/15/2022		18,824		18,365		18,725
L3344956.SRDUP, 24.20%, 01/10/2028 (a)(o)(r)	Upstart		08/15/2022		2,921		2,834		1,362
L3344977.SRDUP, 21.53%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		2,048		1,990		2,034
L3344994.SRDUP, 13.24%, 08/10/2027 (a)(o)(r)	Upstart		08/15/2022		6,828		6,623		1,674
L3345011.SRDUP, 24.01%, 08/10/2027 (a)(r)	Upstart		08/15/2022		16,332		15,939		16,213
L3345046.SRDUP, 19.99%, 08/10/2027 (a)(r)	Upstart		08/15/2022		8,465		8,251		8,407
L3345081.SRDUP, 24.33%, 08/10/2027 (a)(r)	Upstart		08/15/2022		7,578		7,382		7,518

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

129

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3388108.SRDUP, 22.65%, 09/01/2027 (a)(r)	Upstart		09/07/2022	$	8,290	$	8,100	$	8,206
L3388534.SRDUP, 22.23%, 09/01/2025 (a)(r)	Upstart		09/07/2022		7,221		7,071		7,152
L3390668.SRDUP, 22.47%, 09/01/2025 (a)(r)	Upstart		09/07/2022		1,555		1,522		1,540
L3390824.SRDUP, 20.97%, 09/01/2027 (a)(r)	Upstart		09/07/2022		18,609		18,130		18,433
L3391045.SRDUP, 16.23%, 09/01/2027 (a)(r)	Upstart		09/07/2022		9,303		9,069		9,223
L3391202.SRDUP, 16.98%, 09/11/2027 (a)(o)(r)	Upstart		09/07/2022		5,965		5,814		5,910
L3391321.SRDUP, 15.58%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,012		987		1,003
L3391351.SRDUP, 21.08%, 09/11/2027 (a)(r)	Upstart		09/07/2022		3,900		3,800		3,867
L3391362.SRDUP, 14.36%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		40,180		39,179		39,840
L3391407.SRDUP, 14.42%, 09/16/2027 (a)(r)	Upstart		09/07/2022		10,217		9,962		10,126
L3391411.SRDUP, 25.21%, 09/01/2027 (a)(r)	Upstart		09/07/2022		875		852		867
L3391418.SRDUP, 28.34%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		5,353		5,192		788
L3391427.SRDUP, 15.62%, 09/01/2027 (a)(r)	Upstart		09/07/2022		9,027		8,800		8,950
L3391434.SRDUP, 23.72%, 09/01/2027 (a)(r)	Upstart		09/07/2022		17,401		16,949		17,255
L3391489.SRDUP, 23.36%, 09/01/2027 (a)(r)	Upstart		09/07/2022		5,735		5,586		5,688
L3391531.SRDUP, 15.72%, 09/01/2025 (a)(r)	Upstart		09/07/2022		2,281		2,235		2,270
L3391572.SRDUP, 17.31%, 09/01/2027 (a)(r)	Upstart		09/07/2022		16,989		16,559		16,840
L3391613.SRDUP, 28.33%, 09/01/2027 (a)(r)	Upstart		09/07/2022		4,594		4,473		4,574
L3391617.SRDUP, 22.34%, 09/01/2027 (a)(r)	Upstart		09/07/2022		866		843		857
L3391640.SRDUP, 12.14%, 09/01/2027 (a)(r)	Upstart		09/07/2022		24,938		24,322		24,785
L3391648.SRDUP, 19.51%, 02/01/2028 (a)(o)(r)	Upstart		09/07/2022		8,820		8,587		8,734
L3391697.SRDUP, 25.26%, 09/01/2025 (a)(o)(r)	Upstart		09/07/2022		26,347		25,556		3,878
L3391738.SRDUP, 27.53%, 09/01/2027 (a)(r)	Upstart		09/07/2022		6,054		5,885		6,027
L3391747.SRDUP, 10.36%, 09/01/2025 (a)(r)	Upstart		09/07/2022		876		859		870
L3391820.SRDUP, 24.72%, 09/01/2027 (a)(r)	Upstart		09/07/2022		8,483		8,261		8,398
L3391831.SRDUP, 19.68%, 09/01/2025 (a)(r)	Upstart		09/07/2022		704		689		699
L3391888.SRDUP, 19.26%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		15,648		15,238		15,506
L3391896.SRDUP, 25.40%, 09/01/2027 (a)(r)	Upstart		09/07/2022		6,127		5,967		6,063
L3391924.SRDUP, 23.65%, 09/01/2025 (a)(r)	Upstart		09/07/2022		2,865		2,805		2,845
L3391968.SRDUP, 11.21%, 09/01/2027 (a)(r)	Upstart		09/07/2022		16,557		16,150		16,453
L3391974.SRDUP, 26.50%, 09/01/2027 (a)(r)	Upstart		09/07/2022		1,493		1,459		1,488
L3392015.SRDUP, 20.84%, 09/01/2027 (a)(r)	Upstart		09/07/2022		10,333		10,068		10,238
L3392022.SRDUP, 21.97%, 09/01/2027 (a)(r)	Upstart		09/07/2022		4,756		4,633		4,709
L3392064.SRDUP, 26.10%, 09/01/2025 (a)(r)	Upstart		09/07/2022		2,171		2,125		2,137
L3392168.SRDUP, 18.37%, 09/01/2027 (a)(o)(r)	Upstart		09/07/2022		22,230		21,563		2,342
L3392189.SRDUP, 11.72%, 09/01/2027 (a)(r)	Upstart		09/07/2022		20,280		19,780		20,153
L3392406.SRDUP, 14.33%, 09/02/2027 (a)(r)	Upstart		09/08/2022		8,392		8,182		8,322
L3393918.SRDUP, 13.27%, 09/02/2027 (a)(r)	Upstart		09/08/2022		12,113		11,812		12,039
L3394012.SRDUP, 22.75%, 09/02/2027 (a)(r)	Upstart		09/08/2022		14,474		14,099		14,335
L3394096.SRDUP, 14.19%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,355		3,271		3,327
L3394103.SRDUP, 18.16%, 09/02/2027 (a)(r)	Upstart		09/08/2022		8,442		8,227		8,363
L3394206.SRDUP, 15.01%, 09/02/2027 (a)(r)	Upstart		09/08/2022		1,014		992		1,005
L3394268.SRDUP, 24.64%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,491		3,400		3,462
L3394336.SRDUP, 20.27%, 09/02/2025 (a)(r)	Upstart		09/08/2022		2,695		2,646		2,666
L3394367.SRDUP, 18.49%, 09/02/2027 (a)(r)	Upstart		09/08/2022		8,535		8,317		8,460
L3394379.SRDUP, 25.54%, 09/02/2027 (a)(r)	Upstart		09/08/2022		2,189		2,132		2,168
L3394413.SRDUP, 21.88%, 09/02/2027 (a)(r)	Upstart		09/08/2022		7,374		7,183		7,298
L3394467.SRDUP, 28.56%, 09/02/2027 (a)(r)	Upstart		09/08/2022		6,278		6,112		6,254
L3394493.SRDUP, 25.08%, 02/02/2028 (a)(o)(r)	Upstart		09/08/2022		44,784		43,566		44,521
L3394501.SRDUP, 20.14%, 09/02/2027 (a)(r)	Upstart		09/08/2022		8,588		8,368		8,511
L3394526.SRDUP, 27.22%, 02/02/2028 (a)(r)	Upstart		09/08/2022		5,553		5,403		5,493
L3394593.SRDUP, 28.14%, 02/02/2028 (a)(o)(r)	Upstart		09/08/2022		5,222		5,072		5,169
L3394600.SRDUP, 22.76%, 09/02/2025 (a)(r)	Upstart		09/08/2022		3,140		3,082		3,120
L3394650.SRDUP, 13.04%, 09/02/2025 (a)(r)	Upstart		09/08/2022		4,127		4,044		4,082
L3394680.SRDUP, 20.76%, 09/02/2027 (a)(r)	Upstart		09/08/2022		9,814		9,562		9,724
L3394742.SRDUP, 16.94%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		3,065		2,996		3,034
L3394760.SRDUP, 21.48%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,452		3,363		3,420

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

130

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3394784.SRDUP, 13.16%, 09/02/2027 (a)(r)	Upstart		09/08/2022	$	3,757	$	3,664	$	3,735
L3394802.SRDUP, 17.07%, 09/02/2027 (a)(r)	Upstart		09/08/2022		29,701		28,951		29,446
L3394806.SRDUP, 16.53%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		5,301		5,142		968
L3394859.SRDUP, 21.00%, 02/02/2028 (a)(r)	Upstart		09/08/2022		32,228		31,369		31,907
L3394881.SRDUP, 25.18%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,148		3,066		3,116
L3394882.SRDUP, 19.04%, 09/02/2027 (a)(r)	Upstart		09/08/2022		6,414		6,251		6,358
L3394950.SRDUP, 20.41%, 02/02/2028 (a)(o)(r)	Upstart		09/08/2022		17,698		17,283		17,504
L3394974.SRDUP, 9.600%, 09/02/2025 (a)(r)	Upstart		09/08/2022		1,863		1,827		1,850
L3394987.SRDUP, 18.43%, 09/02/2027 (a)(r)	Upstart		09/08/2022		4,534		4,433		4,492
L3395099.SRDUP, 28.14%, 09/02/2027 (a)(o)(r)	Upstart		09/08/2022		3,833		3,732		759
L3395116.SRDUP, 28.01%, 09/02/2027 (a)(r)	Upstart		09/08/2022		3,771		3,671		3,730
L3395140.SRDUP, 13.03%, 09/02/2025 (a)(r)	Upstart		09/08/2022		3,072		3,011		3,045
L3395193.SRDUP, 23.31%, 02/02/2028 (a)(o)(r)	Upstart		09/08/2022		2,837		2,753		2,808
L3395195.SRDUP, 18.93%, 09/02/2027 (a)(r)	Upstart		09/08/2022		2,413		2,350		2,389
L3401189.SRDUP, 14.71%, 09/06/2027 (a)(r)	Upstart		09/09/2022		15,128		14,749		15,013
L3401194.SRDUP, 22.61%, 09/06/2027 (a)(r)	Upstart		09/09/2022		5,435		5,294		5,389
L3401248.SRDUP, 25.98%, 09/06/2025 (a)(r)	Upstart		09/09/2022		10,888		10,656		10,717
L3401278.SRDUP, 12.25%, 09/06/2027 (a)(r)	Upstart		09/09/2022		6,653		6,488		6,616
L3401283.SRDUP, 18.06%, 09/06/2025 (a)(r)	Upstart		09/09/2022		9,566		9,370		9,483
L3401316.SRDUP, 15.39%, 09/06/2027 (a)(o)(r)	Upstart		09/09/2022		5,116		4,963		753
L3401321.SRDUP, 15.57%, 09/06/2027 (a)(r)	Upstart		09/09/2022		2,523		2,459		2,503
L3401328.SRDUP, 14.05%, 09/06/2027 (a)(r)	Upstart		09/09/2022		20,674		20,158		20,514
L3401351.SRDUP, 24.79%, 09/06/2027 (a)(r)	Upstart		09/09/2022		19,596		19,083		19,441
L3401394.SRDUP, 22.75%, 09/06/2027 (a)(o)(r)	Upstart		09/09/2022		8,535		8,279		1,256
L3401522.SRDUP, 15.59%, 09/06/2027 (a)(r)	Upstart		09/09/2022		32,205		31,238		31,864
L3401534.SRDUP, 28.45%, 09/06/2027 (a)(r)	Upstart		09/09/2022		11,726		11,415		11,690
L3401565.SRDUP, 11.78%, 09/06/2025 (a)(r)	Upstart		09/09/2022		576		564		570
L3401583.SRDUP, 27.59%, 09/06/2025 (a)(r)	Upstart		09/09/2022		3,714		3,634		3,665
L3401599.SRDUP, 17.43%, 09/06/2027 (a)(r)	Upstart		09/09/2022		6,459		6,295		6,408
L3401756.SRDUP, 24.21%, 09/06/2027 (a)(o)(r)	Upstart		09/09/2022		1,309		1,272		1,296
L3401860.SRDUP, 22.93%, 09/06/2025 (a)(o)(r)	Upstart		09/09/2022		1,655		1,615		1,642
L3402012.SRDUP, 18.24%, 09/06/2027 (a)(r)	Upstart		09/09/2022		2,115		2,052		2,098
L3402023.SRDUP, 14.02%, 09/06/2027 (a)(r)	Upstart		09/09/2022		10,056		9,805		9,981
L3402051.SRDUP, 23.11%, 09/06/2027 (a)(r)	Upstart		09/09/2022		5,821		5,670		5,768
L3402058.SRDUP, 21.73%, 09/06/2027 (a)(r)	Upstart		09/09/2022		15,031		14,643		14,909
L3402105.SRDUP, 17.36%, 09/06/2027 (a)(r)	Upstart		09/09/2022		4,248		4,140		4,222
L3402156.SRDUP, 17.19%, 09/06/2027 (a)(r)	Upstart		09/09/2022		23,349		22,757		23,164
L3402178.SRDUP, 12.75%, 09/13/2027 (a)(r)	Upstart		09/09/2022		20,887		20,369		20,762
L3402211.SRDUP, 17.13%, 09/06/2025 (a)(o)(r)	Upstart		09/09/2022		1,748		1,713		1,738
L3402519.SRDUP, 28.78%, 02/06/2028 (a)(o)(r)	Upstart		09/09/2022		17,965		17,428		9,027
L3402546.SRDUP, 10.81%, 09/06/2025 (a)(r)	Upstart		09/09/2022		1,621		1,589		1,610
L3402602.SRDUP, 17.98%, 09/06/2027 (a)(r)	Upstart		09/09/2022		11,926		11,622		11,830
L3402648.SRDUP, 28.18%, 09/06/2027 (a)(r)	Upstart		09/09/2022		3,798		3,697		3,761
L3470030.SRDUP, 16.60%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		8,024		7,792		7,473
L3484826.SRDUP, 16.21%, 10/13/2027 (a)(r)	Upstart		10/18/2022		34,349		33,468		34,114
L3493753.SRDUP, 23.49%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,816		2,742		2,824
L3496979.SRDUP, 10.10%, 10/13/2027 (a)(r)	Upstart		10/18/2022		16,779		16,360		16,681
L3498493.SRDUP, 17.07%, 03/28/2026 (a)(o)(r)	Upstart		10/18/2022		5,335		5,175		464
L3498513.SRDUP, 21.69%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,050		2,970		3,029
L3499014.SRDUP, 24.20%, 10/13/2027 (a)(r)	Upstart		10/18/2022		7,917		7,708		7,849
L3499047.SRDUP, 23.23%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		2,255		2,196		2,115
L3499215.SRDUP, 21.09%, 10/13/2025 (a)(r)	Upstart		10/18/2022		3,300		3,229		3,285
L3499681.SRDUP, 24.38%, 10/13/2027 (a)(r)	Upstart		10/18/2022		11,961		11,644		11,903
L3499728.SRDUP, 26.64%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,068		1,039		1,061
L3499832.SRDUP, 23.82%, 10/13/2027 (a)(r)	Upstart		10/18/2022		8,666		8,437		8,620
L3499842.SRDUP, 24.37%, 10/13/2027 (a)(r)	Upstart		10/18/2022		2,028		1,975		2,014
L3499895.SRDUP, 14.94%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		5,129		4,992		5,101

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

131

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM		ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3499912.SRDUP, 17.90%, 10/28/2025 (a)(r)	Upstart			10/18/2022	$	4,374	$	4,292	$	4,343
L3499914.SRDUP, 23.26%, 03/13/2028 (a)(o)(r)	Upstart			10/18/2022		2,803		2,726		2,790
L3499928.SRDUP, 21.59%, 10/13/2025 (a)(r)	Upstart			10/18/2022		24,245		23,518		24,082
L3499941.SRDUP, 24.36%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,272		6,106		6,237
L3499960.SRDUP, 18.83%, 10/13/2027 (a)(r)	Upstart			10/18/2022		9,320		9,078		9,247
L3500017.SRDUP, 22.74%, 10/13/2027 (a)(o)(r)	Upstart			10/18/2022		1,367		1,326		268
L3500036.SRDUP, 24.24%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,976		6,792		6,921
L3500040.SRDUP, 15.14%, 10/13/2025 (a)(r)	Upstart			10/18/2022		6,769		6,626		6,739
L3500057.SRDUP, 12.99%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,785		6,633		6,748
L3500112.SRDUP, 22.46%, 03/13/2028 (a)(o)(r)	Upstart			10/18/2022		4,106		3,990		4,073
L3500128.SRDUP, 12.31%, 10/13/2027 (a)(r)	Upstart			10/18/2022		16,154		15,747		16,068
L3500157.SRDUP, 18.67%, 10/28/2027 (a)(r)	Upstart			10/18/2022		3,492		3,412		3,466
L3500169.SRDUP, 22.76%, 10/13/2027 (a)(r)	Upstart			10/18/2022		1,670		1,626		1,663
L3500174.SRDUP, 14.88%, 10/13/2027 (a)(r)	Upstart			10/18/2022		14,226		13,863		14,151
L3500193.SRDUP, 19.46%, 10/13/2025 (a)(r)	Upstart			10/18/2022		1,603		1,568		1,591
L3500231.SRDUP, 15.36%, 10/13/2027 (a)(r)	Upstart			10/18/2022		11,129		10,844		11,048
L3500271.SRDUP, 13.28%, 10/13/2027 (a)(r)	Upstart			10/18/2022		41,061		40,019		40,838
L3500293.SRDUP, 14.63%, 10/13/2027 (a)(r)	Upstart			10/18/2022		14,941		14,561		14,834
L3500312.SRDUP, 16.33%, 10/13/2027 (a)(r)	Upstart			10/18/2022		4,811		4,688		4,778
L3500343.SRDUP, 11.65%, 10/13/2025 (a)(r)	Upstart			10/18/2022		2,677		2,621		2,654
L3500371.SRDUP, 18.38%, 10/13/2027 (a)(r)	Upstart			10/18/2022		17,313		16,917		17,198
L3500416.SRDUP, 21.18%, 10/13/2027 (a)(r)	Upstart			10/18/2022		30,602		29,800		30,361
L3500423.SRDUP, 16.29%, 10/13/2027 (a)(o)(r)	Upstart			10/18/2022		5,327		5,175		5,288
L3500425.SRDUP, 13.30%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,949		6,773		6,912
L3500427.SRDUP, 21.42%, 10/13/2027 (a)(r)	Upstart			10/18/2022		3,500		3,408		3,474
L3500444.SRDUP, 24.40%, 10/13/2027 (a)(o)(r)	Upstart			10/18/2022		7,383		7,161		574
L3500445.SRDUP, 17.79%, 10/13/2027 (a)(o)(r)	Upstart			10/18/2022		4,829		4,688		4,497
L3500458.SRDUP, 19.10%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,943		6,763		6,890
L3500472.SRDUP, 24.28%, 10/13/2027 (a)(r)	Upstart			10/18/2022		1,323		1,288		1,311
L3500482.SRDUP, 15.02%, 10/13/2027 (a)(r)	Upstart			10/18/2022		7,608		7,414		7,557
L3500484.SRDUP, 20.57%, 10/13/2027 (a)(r)	Upstart			10/18/2022		11,418		11,119		11,367
L3500488.SRDUP, 23.52%, 03/13/2028 (a)(o)(r)	Upstart			10/18/2022		22,108		21,501		22,000
L3500497.SRDUP, 22.79%, 03/28/2028 (a)(o)(r)	Upstart			10/18/2022		4,101		3,993		4,077
L3500563.SRDUP, 14.02%, 10/25/2027 (a)(r)	Upstart			10/18/2022		9,587		9,372		9,520
L3500580.SRDUP, 14.91%, 10/13/2027 (a)(r)	Upstart			10/18/2022		8,000		7,787		7,929
L3500600.SRDUP, 21.06%, 10/13/2027 (a)(r)	Upstart			10/18/2022		8,740		8,511		8,677
L3500620.SRDUP, 14.71%, 10/13/2027 (a)(r)	Upstart			10/18/2022		16,771		16,343		16,653
L3500652.SRDUP, 10.96%, 10/13/2027 (a)(r)	Upstart			10/18/2022		33,622		32,877		33,427
L3500693.SRDUP, 17.67%, 10/13/2025 (a)(r)	Upstart			10/18/2022		4,339		4,257		4,306
L3500697.SRDUP, 20.76%, 10/13/2025 (a)(r)	Upstart			10/18/2022		5,670		5,547		5,643
L3500718.SRDUP, 20.37%, 10/13/2025 (a)(o)(r)	Upstart	��		10/18/2022		12,249		11,882		1,803
L3500779.SRDUP, 24.29%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,183		6,019		6,134
L3500805.SRDUP, 19.56%, 10/28/2027 (a)(o)(r)	Upstart			10/18/2022		2,663		2,601		2,639
L3500820.SRDUP, 24.33%, 10/13/2027 (a)(r)	Upstart			10/18/2022		1,484		1,445		1,473
L3500831.SRDUP, 24.00%, 10/13/2027 (a)(r)	Upstart			10/18/2022		1,324		1,289		1,316
L3500846.SRDUP, 12.54%, 10/13/2025 (a)(r)	Upstart			10/18/2022		1,021		999		1,010
L3500869.SRDUP, 16.64%, 10/13/2027 (a)(r)	Upstart			10/18/2022		1,668		1,620		1,652
L3500895.SRDUP, 24.39%, 10/13/2027 (a)(r)	Upstart			10/18/2022		1,351		1,319		1,339
L3500901.SRDUP, 15.75%, 10/13/2027 (a)(r)	Upstart			10/18/2022		2,949		2,874		2,924
L3500906.SRDUP, 17.79%, 10/13/2027 (a)(r)	Upstart			10/18/2022		6,915		6,732		6,863
L3500918.SRDUP, 22.64%, 10/13/2027 (a)(r)	Upstart			10/18/2022		10,034		9,769		9,946
L3500949.SRDUP, 22.77%, 10/13/2027 (a)(r)	Upstart			10/18/2022		19,790		19,271		19,649
L3500967.SRDUP, 21.28%, 10/13/2027 (a)(r)	Upstart			10/18/2022		8,743		8,522		8,687
L3500992.SRDUP, 20.83%, 10/13/2025 (a)(r)	Upstart			10/18/2022		2,761		2,701		2,747
L3500993.SRDUP, 19.77%, 10/13/2027 (a)(o)(r)	Upstart			10/18/2022		17,830		17,301		16,605
L3501018.SRDUP, 10.44%, 10/13/2027 (a)(r)	Upstart			10/18/2022		8,389		8,178		8,340
L3501070.SRDUP, 24.23%, 10/13/2027 (a)(r)	Upstart			10/18/2022		2,284		2,224		2,273

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

132

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3501081.SRDUP, 21.06%, 10/13/2027 (a)(r)	Upstart		10/18/2022	$	7,428	$	7,256	$	7,374
L3501084.SRDUP, 24.37%, 10/13/2027 (a)(r)	Upstart		10/18/2022		1,420		1,382		1,402
L3501102.SRDUP, 24.28%, 10/13/2027 (a)(r)	Upstart		10/18/2022		5,299		5,159		5,313
L3501150.SRDUP, 16.65%, 10/13/2027 (a)(r)	Upstart		10/18/2022		4,731		4,609		4,698
L3501239.SRDUP, 24.13%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		6,170		6,005		6,123
L3501245.SRDUP, 19.97%, 10/13/2027 (a)(r)	Upstart		10/18/2022		7,487		7,292		7,441
L3501266.SRDUP, 23.82%, 10/13/2027 (a)(r)	Upstart		10/18/2022		970		945		963
L3501280.SRDUP, 17.21%, 10/14/2027 (a)(r)	Upstart		10/18/2022		6,036		5,881		5,991
L3501285.SRDUP, 24.33%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		1,428		1,391		1,340
L3501301.SRDUP, 9.97%, 10/13/2025 (a)(o)(r)	Upstart		10/18/2022		2,782		2,725		2,764
L3501346.SRDUP, 24.24%, 10/13/2027 (a)(o)(r)	Upstart		10/18/2022		4,189		4,064		617
L3501417.SRDUP, 23.82%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,748		3,636		3,730
L3521654.SRDUP, 24.34%, 04/01/2028 (a)(o)(r)	Upstart		11/04/2022		6,061		5,888		6,019
L3537611.SRDUP, 24.04%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,217		1,185		1,208
L3539375.SRDUP, 24.07%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,965		6,779		6,919
L3540203.SRDUP, 24.39%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		894		870		902
L3540251.SRDUP, 24.36%, 11/01/2027 (a)(r)	Upstart		11/04/2022		2,324		2,269		2,308
L3540501.SRDUP, 17.42%, 11/01/2027 (a)(r)	Upstart		11/04/2022		15,883		15,471		15,695
L3541676.SRDUP, 15.78%, 11/01/2025 (a)(r)	Upstart		11/04/2022		1,707		1,670		1,695
L3541701.SRDUP, 11.36%, 11/01/2025 (a)(r)	Upstart		11/04/2022		4,741		4,640		4,683
L3541706.SRDUP, 12.42%, 11/01/2025 (a)(r)	Upstart		11/04/2022		1,459		1,428		1,441
L3541746.SRDUP, 17.86%, 11/01/2025 (a)(r)	Upstart		11/04/2022		2,544		2,489		2,525
L3541799.SRDUP, 15.10%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,074		5,918		6,041
L3541802.SRDUP, 9.90%, 11/07/2025 (a)(r)	Upstart		11/04/2022		7,988		7,819		7,930
L3541817.SRDUP, 20.51%, 11/01/2027 (a)(r)	Upstart		11/04/2022		7,068		6,882		7,032
L3541850.SRDUP, 20.67%, 11/01/2025 (a)(r)	Upstart		11/04/2022		1,292		1,263		1,280
L3541950.SRDUP, 19.07%, 11/01/2027 (a)(r)	Upstart		11/04/2022		3,430		3,340		3,389
L3541951.SRDUP, 16.90%, 11/01/2027 (a)(r)	Upstart		11/04/2022		13,097		12,757		12,945
L3541957.SRDUP, 10.31%, 11/01/2025 (a)(r)	Upstart		11/04/2022		726		711		721
L3541984.SRDUP, 12.39%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,608		1,566		1,597
L3541986.SRDUP, 23.76%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,071		1,042		1,064
L3541988.SRDUP, 18.94%, 11/01/2027 (a)(r)	Upstart		11/04/2022		3,165		3,082		3,123
L3541996.SRDUP, 24.34%, 11/01/2027 (a)(r)	Upstart		11/04/2022		4,022		3,914		4,065
L3542033.SRDUP, 23.98%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,249		6,102		6,160
L3542104.SRDUP, 24.35%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,698		1,650		1,687
L3542117.SRDUP, 21.53%, 11/01/2027 (a)(r)	Upstart		11/04/2022		2,659		2,588		2,644
L3542121.SRDUP, 21.26%, 11/01/2027 (a)(r)	Upstart		11/04/2022		44,347		43,179		43,715
L3542134.SRDUP, 20.79%, 11/01/2027 (a)(r)	Upstart		11/04/2022		14,855		14,464		14,654
L3542142.SRDUP, 24.40%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,496		1,451		220
L3542151.SRDUP, 17.15%, 11/01/2027 (a)(r)	Upstart		11/04/2022		2,622		2,553		2,591
L3542203.SRDUP, 24.38%, 11/01/2027 (a)(r)	Upstart		11/04/2022		15,619		15,217		15,388
L3542213.SRDUP, 12.46%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,877		6,722		6,841
L3542239.SRDUP, 24.21%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,965		1,913		1,952
L3542262.SRDUP, 20.75%, 11/01/2025 (a)(r)	Upstart		11/04/2022		756		740		752
L3542325.SRDUP, 10.23%, 11/01/2027 (a)(r)	Upstart		11/04/2022		13,705		13,300		13,653
L3542337.SRDUP, 11.77%, 11/01/2025 (a)(r)	Upstart		11/04/2022		4,027		3,941		3,996
L3542367.SRDUP, 18.00%, 11/01/2025 (a)(r)	Upstart		11/04/2022		749		732		743
L3542387.SRDUP, 21.82%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		11,036		10,715		10,973
L3542417.SRDUP, 15.24%, 11/01/2027 (a)(r)	Upstart		11/04/2022		12,589		12,264		12,445
L3542473.SRDUP, 16.92%, 11/01/2027 (a)(r)	Upstart		11/04/2022		7,859		7,655		7,768
L3542484.SRDUP, 24.24%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		1,869		1,813		275
L3542487.SRDUP, 23.59%, 11/01/2027 (a)(r)	Upstart		11/04/2022		2,440		2,383		2,402
L3542514.SRDUP, 24.23%, 11/01/2027 (a)(o)(r)	Upstart		11/04/2022		2,480		2,406		305
L3542519.SRDUP, 13.53%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,904		6,727		6,867
L3542542.SRDUP, 24.36%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,162		1,131		1,145
L3542556.SRDUP, 24.06%, 11/01/2027 (a)(r)	Upstart		11/04/2022		10,716		10,430		10,564
L3542557.SRDUP, 23.93%, 11/01/2027 (a)(r)	Upstart		11/04/2022		1,160		1,130		1,153

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

133

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3542565.SRDUP, 24.37%, 11/01/2027 (a)(r)	Upstart		11/04/2022	$	1,073	$	1,044	$	1,066
L3542586.SRDUP, 12.21%, 11/01/2027 (a)(r)	Upstart		11/04/2022		9,586		9,330		9,532
L3542595.SRDUP, 24.23%, 11/01/2027 (a)(r)	Upstart		11/04/2022		6,343		6,174		6,253
L3542618.SRDUP, 24.18%, 11/01/2027 (a)(r)	Upstart		11/04/2022		3,930		3,826		3,905
L3542621.SRDUP, 22.31%, 11/01/2027 (a)(r)	Upstart		11/04/2022		5,952		5,794		5,917
L3542650.SRDUP, 19.18%, 11/03/2027 (a)(r)	Upstart		11/07/2022		38,378		37,372		37,917
L3542686.SRDUP, 22.77%, 11/02/2027 (a)(r)	Upstart		11/07/2022		6,933		6,749		6,893
L3542777.SRDUP, 12.90%, 11/02/2027 (a)(r)	Upstart		11/07/2022		7,663		7,467		7,624
L3542791.SRDUP, 9.84%, 11/02/2027 (a)(r)	Upstart		11/07/2022		21,279		20,742		21,199
L3542812.SRDUP, 21.74%, 04/02/2026 (a)(r)	Upstart		11/07/2022		4,687		4,551		4,634
L3542817.SRDUP, 21.09%, 11/02/2025 (a)(r)	Upstart		11/07/2022		5,516		5,392		5,473
L3542853.SRDUP, 22.93%, 11/02/2027 (a)(o)(r)	Upstart		11/07/2022		6,781		6,601		6,734
L3542868.SRDUP, 22.09%, 11/02/2027 (a)(r)	Upstart		11/07/2022		1,776		1,729		1,766
L3542873.SRDUP, 18.49%, 11/02/2027 (a)(r)	Upstart		11/07/2022		11,938		11,626		11,800
L3542906.SRDUP, 20.56%, 11/05/2025 (a)(o)(r)	Upstart		11/07/2022		3,788		3,693		3,754
L3542911.SRDUP, 24.36%, 11/02/2027 (a)(r)	Upstart		11/07/2022		4,375		4,259		4,348
L3542922.SRDUP, 21.55%, 11/02/2027 (a)(r)	Upstart		11/07/2022		11,513		11,208		11,357
L3542965.SRDUP, 24.37%, 11/02/2027 (a)(r)	Upstart		11/07/2022		1,698		1,653		1,717
L3543009.SRDUP, 16.42%, 11/08/2027 (a)(r)	Upstart		11/07/2022		7,779		7,577		7,688
L3543041.SRDUP, 24.37%, 11/02/2027 (a)(r)	Upstart		11/07/2022		12,250		11,922		12,174
L3543042.SRDUP, 23.93%, 11/02/2027 (a)(r)	Upstart		11/07/2022		5,222		5,099		5,145
L3543084.SRDUP, 21.49%, 11/02/2027 (a)(r)	Upstart		11/07/2022		26,584		25,881		26,227
L3543101.SRDUP, 24.36%, 11/02/2027 (a)(r)	Upstart		11/07/2022		4,201		4,089		4,174
L3543129.SRDUP, 17.95%, 11/02/2027 (a)(r)	Upstart		11/07/2022		22,781		22,187		22,519
L3896190.SRDUP, 21.26%, 08/02/2028 (a)(r)	Upstart		08/07/2023		6,769		6,735		6,672
L3904726.SRDUP, 21.67%, 08/02/2026 (a)(r)	Upstart		08/07/2023		4,847		4,823		4,768
L3907695.SRDUP, 14.79%, 08/02/2028 (a)(r)	Upstart		08/07/2023		35,165		34,993		34,860
L3909024.SRDUP, 15.50%, 08/03/2028 (a)(o)(r)	Upstart		08/08/2023		11,328		11,272		4,587
L3909571.SRDUP, 20.41%, 08/02/2028 (a)(r)	Upstart		08/07/2023		17,767		17,679		17,515
L3909780.SRDUP, 14.99%, 08/02/2028 (a)(r)	Upstart		08/07/2023		14,660		14,588		14,555
L3909782.SRDUP, 19.54%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,815		1,807		1,796
L3909787.SRDUP, 15.74%, 08/02/2028 (a)(r)	Upstart		08/07/2023		17,894		17,806		17,766
L3909795.SRDUP, 22.37%, 08/02/2028 (a)(r)	Upstart		08/07/2023		6,871		6,837		6,773
L3909803.SRDUP, 24.23%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,355		2,343		2,312
L3909810.SRDUP, 18.39%, 08/02/2026 (a)(r)	Upstart		08/07/2023		3,352		3,336		3,306
L3909811.SRDUP, 21.94%, 08/02/2028 (a)(r)	Upstart		08/07/2023		5,594		5,566		5,514
L3909816.SRDUP, 16.75%, 08/02/2028 (a)(r)	Upstart		08/07/2023		44,476		44,441		44,087
L3909826.SRDUP, 21.98%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,971		2,956		2,929
L3909837.SRDUP, 16.45%, 08/02/2028 (a)(r)	Upstart		08/07/2023		978		973		971
L3909854.SRDUP, 19.63%, 08/02/2028 (a)(r)	Upstart		08/07/2023		6,763		6,729		6,684
L3909856.SRDUP, 23.24%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,142		3,127		3,106
L3909858.SRDUP, 16.80%, 08/02/2028 (a)(r)	Upstart		08/07/2023		22,309		22,199		22,149
L3909882.SRDUP, 15.31%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,527		7,490		7,473
L3909895.SRDUP, 17.79%, 08/02/2028 (a)(r)	Upstart		08/07/2023		16,494		16,478		16,347
L3909902.SRDUP, 15.63%, 08/02/2026 (a)(r)	Upstart		08/07/2023		4,631		4,609		4,584
L3909914.SRDUP, 17.54%, 08/02/2026 (a)(r)	Upstart		08/07/2023		3,273		3,257		3,240
L3909918.SRDUP, 13.63%, 08/02/2028 (a)(r)	Upstart		08/07/2023		14,647		14,576		14,543
L3909939.SRDUP, 17.31%, 08/02/2028 (a)(r)	Upstart		08/07/2023		8,809		8,765		8,745
L3909955.SRDUP, 23.23%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		1,054		1,049		1,035
L3909961.SRDUP, 17.71%, 08/02/2028 (a)(r)	Upstart		08/07/2023		37,887		37,700		37,614
L3909965.SRDUP, 20.27%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,725		1,717		1,708
L3909967.SRDUP, 18.85%, 08/02/2028 (a)(r)	Upstart		08/07/2023		4,506		4,484		4,454
L3909971.SRDUP, 17.69%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,273		1,266		1,264
L3909974.SRDUP, 14.89%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,330		7,294		7,277
L3909978.SRDUP, 23.29%, 08/02/2028 (a)(r)	Upstart		08/07/2023		10,312		10,260		10,164
L3909992.SRDUP, 19.61%, 08/02/2026 (a)(r)	Upstart		08/07/2023		6,997		6,964		6,900
L3909996.SRDUP, 17.74%, 08/02/2028 (a)(r)	Upstart		08/07/2023		48,950		48,709		48,598

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

134

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3910013.SRDUP, 11.49%, 08/02/2028 (a)(r)	Upstart		08/07/2023	$	3,985	$	3,966	$	3,975
L3910019.SRDUP, 16.82%, 08/02/2028 (a)(r)	Upstart		08/07/2023		10,959		10,905		10,880
L3910026.SRDUP, 11.22%, 08/02/2028 (a)(r)	Upstart		08/07/2023		10,943		10,942		10,916
L3910042.SRDUP, 16.26%, 08/02/2028 (a)(r)	Upstart		08/07/2023		19,562		19,466		19,422
L3910044.SRDUP, 15.32%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,117		7,082		7,080
L3910056.SRDUP, 22.71%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,571		1,563		1,553
L3910069.SRDUP, 20.20%, 08/02/2028 (a)(r)	Upstart		08/07/2023		12,255		12,194		12,113
L3910075.SRDUP, 23.01%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,473		1,466		1,452
L3910082.SRDUP, 20.84%, 08/02/2028 (a)(r)	Upstart		08/07/2023		2,842		2,828		2,803
L3910115.SRDUP, 20.80%, 08/02/2028 (a)(r)	Upstart		08/07/2023		38,727		38,535		38,185
L3910116.SRDUP, 16.19%, 08/02/2028 (a)(r)	Upstart		08/07/2023		6,847		6,813		6,818
L3910168.SRDUP, 15.33%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,720		1,712		1,705
L3910172.SRDUP, 22.51%, 08/02/2028 (a)(r)	Upstart		08/07/2023		11,780		11,721		11,643
L3910201.SRDUP, 22.30%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,043		3,028		2,999
L3910203.SRDUP, 19.38%, 08/02/2028 (a)(r)	Upstart		08/07/2023		9,799		9,751		9,686
L3910204.SRDUP, 23.23%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,508		3,491		3,447
L3910205.SRDUP, 22.17%, 08/17/2028 (a)(r)	Upstart		08/07/2023		13,566		13,500		13,377
L3910210.SRDUP, 23.28%, 08/02/2028 (a)(o)(r)	Upstart		08/07/2023		3,396		3,379		3,337
L3910215.SRDUP, 20.19%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,961		1,951		1,947
L3910221.SRDUP, 15.97%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,760		1,752		1,748
L3910229.SRDUP, 19.53%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,874		2,860		2,829
L3910230.SRDUP, 20.01%, 08/02/2028 (a)(r)	Upstart		08/07/2023		13,234		13,168		13,081
L3910241.SRDUP, 15.43%, 08/02/2028 (a)(r)	Upstart		08/07/2023		22,290		22,180		22,130
L3910245.SRDUP, 19.86%, 08/02/2026 (a)(r)	Upstart		08/07/2023		9,581		9,570		9,433
L3910255.SRDUP, 22.07%, 08/02/2028 (a)(r)	Upstart		08/07/2023		16,442		16,360		16,207
L3910263.SRDUP, 23.08%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,964		1,954		1,936
L3910265.SRDUP, 23.24%, 08/02/2028 (a)(r)	Upstart		08/07/2023		8,936		8,892		8,808
L3910266.SRDUP, 13.67%, 08/02/2028 (a)(r)	Upstart		08/07/2023		48,028		47,792		47,778
L3910282.SRDUP, 14.16%, 08/02/2028 (a)(r)	Upstart		08/07/2023		27,742		27,606		27,626
L3910314.SRDUP, 15.01%, 08/02/2028 (a)(r)	Upstart		08/07/2023		16,126		16,047		16,011
L3910341.SRDUP, 23.13%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,240		3,224		3,194
L3910555.SRDUP, 16.30%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,721		1,713		1,707
L3910568.SRDUP, 15.76%, 08/02/2026 (a)(r)	Upstart		08/07/2023		1,147		1,146		1,137
L3910626.SRDUP, 19.66%, 08/02/2028 (a)(r)	Upstart		08/07/2023		27,933		27,795		27,731
L3910630.SRDUP, 17.56%, 08/02/2028 (a)(r)	Upstart		08/07/2023		3,426		3,409		3,402
L3910648.SRDUP, 16.39%, 08/02/2028 (a)(r)	Upstart		08/07/2023		24,455		24,335		24,280
L3910699.SRDUP, 20.05%, 08/02/2026 (a)(r)	Upstart		08/07/2023		2,972		2,958		2,931
L3910862.SRDUP, 23.21%, 08/02/2028 (a)(r)	Upstart		08/07/2023		26,330		26,198		25,869
L3910879.SRDUP, 19.74%, 08/02/2028 (a)(r)	Upstart		08/07/2023		49,033		48,790		48,679
L3910891.SRDUP, 12.36%, 08/02/2026 (a)(o)(r)	Upstart		08/07/2023		10,520		10,468		10,439
L3910902.SRDUP, 23.29%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,080		1,075		1,065
L3910919.SRDUP, 22.80%, 08/02/2028 (a)(r)	Upstart		08/07/2023		874		870		862
L3910924.SRDUP, 24.25%, 08/02/2028 (a)(r)	Upstart		08/07/2023		29,476		29,330		29,053
L3910926.SRDUP, 13.94%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,814		7,775		7,758
L3910932.SRDUP, 23.28%, 08/02/2028 (a)(r)	Upstart		08/07/2023		1,964		1,954		1,941
L3911143.SRDUP, 12.39%, 08/02/2026 (a)(r)	Upstart		08/07/2023		4,768		4,746		4,739
L3911321.SRDUP, 16.53%, 08/02/2028 (a)(r)	Upstart		08/07/2023		7,823		7,784		7,754
L3911356.SRDUP, 17.80%, 08/02/2028 (a)(r)	Upstart		08/07/2023		5,580		5,553		5,540
L3911507.SRDUP, 19.51%, 08/03/2028 (a)(r)	Upstart		08/08/2023		5,586		5,558		5,523
L3911517.SRDUP, 18.52%, 08/03/2028 (a)(r)	Upstart		08/08/2023		10,088		10,039		9,975
L3911606.SRDUP, 16.00%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,934		2,919		2,913
L3911642.SRDUP, 14.25%, 08/17/2026 (a)(r)	Upstart		08/08/2023		7,640		7,603		7,593
L3911664.SRDUP, 23.12%, 08/03/2028 (a)(r)	Upstart		08/08/2023		982		977		968
L3911680.SRDUP, 18.69%, 08/03/2028 (a)(r)	Upstart		08/08/2023		11,167		11,112		11,088
L3911731.SRDUP, 18.13%, 08/03/2028 (a)(o)(r)	Upstart		08/08/2023		22,453		22,342		22,258
L3911757.SRDUP, 14.93%, 08/03/2028 (a)(r)	Upstart		08/08/2023		22,673		22,661		22,581
L3911764.SRDUP, 14.78%, 08/03/2028 (a)(r)	Upstart		08/08/2023		48,861		48,621		48,661

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

135

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3911768.SRDUP, 23.03%, 08/03/2028 (a)(r)	Upstart		08/08/2023	$	1,276	$	1,270	$	1,259
L3911833.SRDUP, 14.96%, 08/03/2026 (a)(r)	Upstart		08/08/2023		1,115		1,110		1,107
L3911841.SRDUP, 23.24%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,839		2,825		2,800
L3911868.SRDUP, 11.40%, 08/03/2028 (a)(o)(r)	Upstart		08/08/2023		38,907		38,717		38,814
L3911872.SRDUP, 23.70%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,452		2,448		2,411
L3911885.SRDUP, 14.11%, 08/03/2028 (a)(r)	Upstart		08/08/2023		28,741		28,601		28,491
L3911913.SRDUP, 21.27%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,962		1,952		1,935
L3911946.SRDUP, 15.12%, 08/03/2026 (a)(r)	Upstart		08/08/2023		1,720		1,712		1,709
L3911952.SRDUP, 23.09%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,361		2,357		2,321
L3911996.SRDUP, 15.89%, 08/03/2028 (a)(r)	Upstart		08/08/2023		27,381		27,247		27,190
L3912003.SRDUP, 14.30%, 08/03/2026 (a)(r)	Upstart		08/08/2023		6,589		6,558		6,534
L3912392.SRDUP, 11.21%, 08/03/2026 (a)(r)	Upstart		08/08/2023		3,811		3,793		3,795
L3912433.SRDUP, 22.83%, 08/03/2028 (a)(r)	Upstart		08/08/2023		1,130		1,125		1,110
L3912454.SRDUP, 16.95%, 08/04/2028 (a)(r)	Upstart		08/09/2023		5,255		5,229		5,215
L3912505.SRDUP, 18.17%, 08/03/2026 (a)(r)	Upstart		08/08/2023		4,979		4,956		4,937
L3912606.SRDUP, 16.66%, 08/03/2028 (a)(r)	Upstart		08/08/2023		11,153		11,099		11,075
L3912627.SRDUP, 23.39%, 08/03/2028 (a)(r)	Upstart		08/08/2023		9,526		9,510		9,393
L3912740.SRDUP, 17.04%, 08/03/2028 (a)(r)	Upstart		08/08/2023		3,347		3,331		3,318
L3912830.SRDUP, 16.89%, 08/03/2028 (a)(r)	Upstart		08/08/2023		47,959		47,723		47,539
L3912847.SRDUP, 14.07%, 08/03/2028 (a)(r)	Upstart		08/08/2023		4,884		4,860		4,850
L3912865.SRDUP, 14.60%, 08/03/2028 (a)(r)	Upstart		08/08/2023		49,002		48,761		48,663
L3912959.SRDUP, 19.42%, 08/03/2028 (a)(r)	Upstart		08/08/2023		4,900		4,876		4,845
L3912961.SRDUP, 10.62%, 08/03/2028 (a)(r)	Upstart		08/08/2023		2,950		2,936		2,943
L3913011.SRDUP, 20.19%, 08/04/2028 (a)(r)	Upstart		08/09/2023		45,423		45,198		44,806
L3913166.SRDUP, 23.26%, 08/04/2028 (a)(r)	Upstart		08/09/2023		6,874		6,863		6,751
L3913170.SRDUP, 23.09%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,420		9,374		9,265
L3913211.SRDUP, 14.86%, 08/04/2028 (a)(r)	Upstart		08/09/2023		48,863		48,624		48,531
L3913212.SRDUP, 21.31%, 08/04/2028 (a)(r)	Upstart		08/09/2023		40,221		40,022		39,777
L3913218.SRDUP, 15.28%, 08/04/2028 (a)(r)	Upstart		08/09/2023		978		973		971
L3913249.SRDUP, 21.45%, 08/04/2026 (a)(r)	Upstart		08/09/2023		8,445		8,405		8,334
L3913266.SRDUP, 22.60%, 08/04/2028 (a)(r)	Upstart		08/09/2023		5,596		5,568		5,519
L3913271.SRDUP, 22.11%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,058		1,056		1,040
L3913278.SRDUP, 23.29%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,730		4,707		4,666
L3913291.SRDUP, 23.22%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,599		9,551		9,436
L3913297.SRDUP, 12.24%, 08/04/2026 (a)(r)	Upstart		08/09/2023		4,572		4,551		4,540
L3913328.SRDUP, 20.41%, 08/04/2028 (a)(r)	Upstart		08/09/2023		3,719		3,701		3,688
L3913333.SRDUP, 21.48%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,716		14,644		14,554
L3913340.SRDUP, 21.82%, 08/04/2028 (a)(r)	Upstart		08/09/2023		21,247		21,141		20,959
L3913346.SRDUP, 19.98%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		24,419		24,389		24,093
L3913349.SRDUP, 14.26%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,172		1,167		1,164
L3913367.SRDUP, 12.13%, 08/04/2028 (a)(r)	Upstart		08/09/2023		43,262		43,052		43,043
L3913370.SRDUP, 19.61%, 08/13/2028 (a)(o)(r)	Upstart		08/09/2023		12,108		12,048		11,944
L3913373.SRDUP, 23.22%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,160		2,150		2,131
L3913384.SRDUP, 24.07%, 08/04/2028 (a)(r)	Upstart		08/09/2023		5,575		5,548		5,500
L3913386.SRDUP, 23.17%, 08/04/2028 (a)(r)	Upstart		08/09/2023		6,823		6,790		6,732
L3913394.SRDUP, 21.64%, 08/04/2028 (a)(r)	Upstart		08/09/2023		981		976		970
L3913429.SRDUP, 23.29%, 08/04/2028 (a)(r)	Upstart		08/09/2023		15,885		15,805		15,621
L3913469.SRDUP, 15.92%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,270		1,263		1,259
L3913478.SRDUP, 17.49%, 08/04/2028 (a)(r)	Upstart		08/09/2023		8,908		8,864		8,846
L3913486.SRDUP, 23.97%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,179		1,173		1,158
L3913495.SRDUP, 19.89%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,808		9,760		9,701
L3913501.SRDUP, 17.54%, 08/07/2028 (a)(r)	Upstart		08/09/2023		8,908		8,864		8,847
L3913509.SRDUP, 20.05%, 08/04/2028 (a)(r)	Upstart		08/09/2023		20,096		19,997		19,875
L3913525.SRDUP, 21.45%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,256		2,245		2,241
L3913536.SRDUP, 20.53%, 08/04/2028 (a)(r)	Upstart		08/09/2023		8,775		8,764		8,657
L3913545.SRDUP, 15.12%, 08/16/2028 (a)(r)	Upstart		08/09/2023		7,563		7,526		7,512
L3913546.SRDUP, 16.42%, 08/04/2028 (a)(r)	Upstart		08/09/2023		2,403		2,391		2,383

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

136

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3913562.SRDUP, 15.96%, 08/04/2028 (a)(r)	Upstart		08/09/2023	$	27,343	$	27,208	$	27,113
L3913590.SRDUP, 19.91%, 08/04/2028 (a)(r)	Upstart		08/09/2023		15,684		15,606		15,575
L3913596.SRDUP, 12.87%, 08/04/2028 (a)(r)	Upstart		08/09/2023		9,760		9,712		9,721
L3913597.SRDUP, 20.95%, 08/04/2028 (a)(r)	Upstart		08/09/2023		17,654		17,567		17,415
L3913603.SRDUP, 17.94%, 08/04/2026 (a)(r)	Upstart		08/09/2023		4,748		4,725		4,704
L3913604.SRDUP, 22.09%, 08/04/2026 (a)(r)	Upstart		08/09/2023		16,322		16,243		16,106
L3913773.SRDUP, 23.26%, 08/04/2028 (a)(r)	Upstart		08/09/2023		1,164		1,158		1,148
L3913850.SRDUP, 18.65%, 08/04/2028 (a)(r)	Upstart		08/09/2023		14,203		14,133		14,105
L3913938.SRDUP, 21.98%, 08/04/2028 (a)(r)	Upstart		08/09/2023		7,851		7,812		7,764
L3913978.SRDUP, 23.13%, 08/04/2028 (a)(r)	Upstart		08/09/2023		3,332		3,315		3,287
L3914119.SRDUP, 21.20%, 08/04/2028 (a)(r)	Upstart		08/09/2023		3,433		3,416		3,410
L3914153.SRDUP, 23.13%, 08/04/2028 (a)(r)	Upstart		08/09/2023		982		977		969
L3914229.SRDUP, 23.26%, 08/04/2028 (a)(r)	Upstart		08/09/2023		4,223		4,202		4,165
L3914293.SRDUP, 20.60%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		1,369		1,362		1,351
L3914449.SRDUP, 13.16%, 08/04/2026 (a)(r)	Upstart		08/09/2023		1,144		1,138		1,136
L3914550.SRDUP, 22.82%, 08/04/2028 (a)(o)(r)	Upstart		08/09/2023		982		977		968
L3954127.SRDUP, 24.88%, 09/01/2028 (a)(r)	Upstart		09/07/2023		9,577		9,529		9,392
L3954160.SRDUP, 19.18%, 09/01/2026 (a)(r)	Upstart		09/07/2023		1,424		1,417		1,403
L3954179.SRDUP, 22.25%, 09/01/2028 (a)(r)	Upstart		09/07/2023		4,486		4,464		4,432
L3954255.SRDUP, 18.60%, 09/01/2028 (a)(r)	Upstart		09/07/2023		4,453		4,431		4,420
L3954299.SRDUP, 23.24%, 09/01/2028 (a)(r)	Upstart		09/07/2023		10,799		10,745		10,642
L3954326.SRDUP, 14.70%, 09/01/2026 (a)(r)	Upstart		09/07/2023		1,181		1,175		1,172
L3954362.SRDUP, 25.45%, 09/01/2028 (a)(r)	Upstart		09/07/2023		2,082		2,071		2,041
L3954367.SRDUP, 14.41%, 09/01/2026 (a)(r)	Upstart		09/07/2023		977		973		971
L3954373.SRDUP, 25.27%, 09/01/2028 (a)(r)	Upstart		09/07/2023		5,551		5,523		5,444
L3954432.SRDUP, 17.40%, 09/01/2026 (a)(o)(r)	Upstart		09/07/2023		3,000		2,985		1,476
L3954459.SRDUP, 22.46%, 09/01/2028 (a)(o)(r)	Upstart		09/07/2023		1,909		1,899		1,885
L3954509.SRDUP, 21.53%, 09/01/2028 (a)(r)	Upstart		09/07/2023		49,517		49,270		48,931
L3954554.SRDUP, 17.00%, 09/01/2028 (a)(r)	Upstart		09/07/2023		49,456		49,210		49,091
L3954555.SRDUP, 13.54%, 09/01/2028 (a)(r)	Upstart		09/07/2023		27,568		27,432		27,368
L3954573.SRDUP, 21.90%, 09/01/2028 (a)(r)	Upstart		09/07/2023		5,943		5,913		5,856
L3954788.SRDUP, 13.76%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,075		1,070		1,069
L3955588.SRDUP, 15.78%, 09/01/2028 (a)(r)	Upstart		09/07/2023		32,843		32,680		32,597
L3955689.SRDUP, 21.83%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,126		2,126		2,101
L3955761.SRDUP, 14.25%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,782		1,774		1,771
L3955810.SRDUP, 16.94%, 09/05/2026 (a)(r)	Upstart		09/08/2023		3,418		3,401		3,391
L3955816.SRDUP, 24.31%, 09/05/2028 (a)(r)	Upstart		09/08/2023		9,712		9,664		9,607
L3955821.SRDUP, 15.08%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,418		1,411		1,409
L3955835.SRDUP, 23.21%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,680		1,672		1,658
L3955838.SRDUP, 17.72%, 09/05/2028 (a)(r)	Upstart		09/08/2023		33,043		32,880		32,821
L3955869.SRDUP, 17.66%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,781		1,772		1,769
L3955981.SRDUP, 17.11%, 09/05/2028 (a)(r)	Upstart		09/08/2023		24,234		24,114		24,071
L3955987.SRDUP, 24.66%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,288		1,282		1,266
L3956012.SRDUP, 21.17%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,930		1,921		1,905
L3956047.SRDUP, 14.69%, 09/05/2026 (a)(r)	Upstart		09/08/2023		4,888		4,864		4,850
L3956090.SRDUP, 10.42%, 09/05/2026 (a)(r)	Upstart		09/08/2023		4,880		4,857		4,861
L3956096.SRDUP, 11.81%, 09/05/2028 (a)(r)	Upstart		09/08/2023		29,627		29,481		29,511
L3956119.SRDUP, 21.42%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,796		1,788		1,783
L3956164.SRDUP, 17.83%, 09/05/2028 (a)(r)	Upstart		09/08/2023		15,830		15,751		15,723
L3956173.SRDUP, 24.39%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,672		2,659		2,626
L3956198.SRDUP, 24.60%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,388		1,381		1,369
L3956230.SRDUP, 22.32%, 09/05/2028 (a)(r)	Upstart		09/08/2023		3,962		3,961		3,920
L3956243.SRDUP, 12.26%, 09/05/2028 (a)(r)	Upstart		09/08/2023		4,445		4,423		4,427
L3956264.SRDUP, 22.92%, 09/05/2028 (a)(r)	Upstart		09/08/2023		27,541		27,404		27,178
L3956267.SRDUP, 23.84%, 09/05/2028 (a)(r)	Upstart		09/08/2023		19,521		19,424		19,188
L3956273.SRDUP, 21.47%, 09/05/2028 (a)(r)	Upstart		09/08/2023		26,937		26,803		26,648
L3956281.SRDUP, 10.90%, 09/05/2028 (a)(r)	Upstart		09/08/2023		49,363		49,121		49,267

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

137

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L3956290.SRDUP, 23.28%, 09/05/2028 (a)(r)	Upstart		09/08/2023	$	991	$	990	$	978
L3956297.SRDUP, 21.53%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,486		1,478		1,470
L3956327.SRDUP, 20.43%, 09/05/2028 (a)(r)	Upstart		09/08/2023		10,482		10,429		10,408
L3956411.SRDUP, 23.31%, 09/05/2028 (a)(r)	Upstart		09/08/2023		8,422		8,380		8,310
L3956412.SRDUP, 20.73%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,288		11,232		11,140
L3956429.SRDUP, 14.24%, 09/05/2026 (a)(r)	Upstart		09/08/2023		977		973		972
L3956466.SRDUP, 21.53%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,290		11,234		11,142
L3956484.SRDUP, 15.55%, 09/05/2026 (a)(r)	Upstart		09/08/2023		7,823		7,785		7,762
L3956487.SRDUP, 24.37%, 09/05/2028 (a)(r)	Upstart		09/08/2023		14,259		14,188		14,064
L3956508.SRDUP, 14.39%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,184		1,178		1,176
L3956519.SRDUP, 23.18%, 09/05/2028 (a)(r)	Upstart		09/08/2023		2,930		2,916		2,891
L3956684.SRDUP, 25.44%, 09/05/2028 (a)(r)	Upstart		09/08/2023		4,758		4,735		4,677
L3956717.SRDUP, 21.62%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,933		6,898		6,842
L3956751.SRDUP, 21.26%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,932		6,898		6,841
L3957243.SRDUP, 17.46%, 09/05/2028 (a)(r)	Upstart		09/08/2023		7,914		7,875		7,882
L3957334.SRDUP, 19.23%, 09/05/2028 (a)(r)	Upstart		09/08/2023		11,914		11,854		11,830
L3957528.SRDUP, 16.67%, 09/05/2028 (a)(r)	Upstart		09/08/2023		49,451		49,207		49,120
L3957561.SRDUP, 14.62%, 09/05/2028 (a)(r)	Upstart		09/08/2023		23,722		23,605		23,628
L3957725.SRDUP, 19.65%, 09/05/2026 (a)(r)	Upstart		09/08/2023		5,875		5,846		5,829
L3957863.SRDUP, 20.18%, 09/05/2026 (a)(r)	Upstart		09/08/2023		1,273		1,267		1,257
L3958164.SRDUP, 22.95%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,486		1,479		1,466
L3958512.SRDUP, 21.73%, 09/05/2028 (a)(r)	Upstart		09/08/2023		19,808		19,710		19,548
L3958578.SRDUP, 20.17%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,089		1,084		1,077
L3958903.SRDUP, 16.62%, 09/05/2028 (a)(r)	Upstart		09/08/2023		48,732		48,735		48,400
L3958982.SRDUP, 21.50%, 09/05/2028 (a)(r)	Upstart		09/08/2023		39,811		39,614		39,289
L3959169.SRDUP, 17.84%, 09/05/2028 (a)(r)	Upstart		09/08/2023		14,833		14,759		14,676
L3959277.SRDUP, 14.83%, 09/05/2028 (a)(r)	Upstart		09/08/2023		4,349		4,328		4,320
L3959333.SRDUP, 23.27%, 09/05/2028 (a)(r)	Upstart		09/11/2023		13,871		13,895		13,721
L3959379.SRDUP, 15.62%, 09/05/2028 (a)(r)	Upstart		09/08/2023		7,613		7,614		7,562
L3959963.SRDUP, 22.58%, 09/05/2028 (a)(r)	Upstart		09/08/2023		49,530		49,284		48,997
L3959969.SRDUP, 24.18%, 09/05/2028 (a)(r)	Upstart		09/08/2023		1,189		1,183		1,169
L3960127.SRDUP, 19.07%, 09/05/2028 (a)(r)	Upstart		09/08/2023		6,631		6,598		6,561
L3960142.SRDUP, 16.19%, 09/05/2028 (a)(r)	Upstart		09/08/2023		14,813		14,740		14,714
L3960552.SRDUP, 20.34%, 09/06/2028 (a)(r)	Upstart		09/11/2023		9,801		9,753		9,700
L3960794.SRDUP, 20.42%, 09/06/2028 (a)(r)	Upstart		09/11/2023		49,475		49,229		48,960
L3960920.SRDUP, 23.62%, 09/06/2028 (a)(r)	Upstart		09/11/2023		2,180		2,169		2,157
L3961216.SRDUP, 16.08%, 09/06/2028 (a)(r)	Upstart		09/11/2023		34,610		34,439		34,385
L4007525.SRDUP, 12.42%, 10/10/2028 (a)(r)	Upstart		10/13/2023		25,000		24,875		24,947
L4007982.SRDUP, 20.96%, 10/06/2028 (a)(r)	Upstart		10/12/2023		12,600		12,537		12,509
L4008005.SRDUP, 19.80%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,000		5,970		5,957
L4008044.SRDUP, 15.34%, 10/06/2026 (a)(r)	Upstart		10/12/2023		10,000		9,950		9,943
L4008049.SRDUP, 21.83%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,600		4,577		4,559
L4008052.SRDUP, 17.66%, 10/06/2028 (a)(r)	Upstart		10/12/2023		18,900		18,806		18,764
L4008092.SRDUP, 12.27%, 10/06/2028 (a)(r)	Upstart		10/12/2023		33,000		32,835		32,918
L4008120.SRDUP, 20.29%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,058		2,048		2,042
L4008129.SRDUP, 22.58%, 10/06/2028 (a)(r)	Upstart		10/12/2023		21,000		20,895		20,812
L4008136.SRDUP, 14.69%, 10/06/2028 (a)(r)	Upstart		10/12/2023		22,600		22,487		22,502
L4008152.SRDUP, 18.94%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,700		10,684		10,623
L4008179.SRDUP, 17.17%, 10/06/2028 (a)(r)	Upstart		10/12/2023		15,000		14,925		14,934
L4008234.SRDUP, 20.38%, 10/06/2028 (a)(r)	Upstart		10/12/2023		25,000		24,875		24,778
L4008235.SRDUP, 22.93%, 10/06/2028 (a)(r)	Upstart		10/12/2023		30,600		30,447		30,326
L4008262.SRDUP, 17.39%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,800		10,746		10,753
L4008264.SRDUP, 16.33%, 10/06/2028 (a)(r)	Upstart		10/12/2023		20,000		19,900		19,913
L4008267.SRDUP, 11.61%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,000		995		999
L4008269.SRDUP, 18.11%, 10/06/2026 (a)(r)	Upstart		10/12/2023		302		301		301
L4008279.SRDUP, 16.67%, 10/06/2028 (a)(r)	Upstart		10/12/2023		14,000		13,930		13,939
L4008293.SRDUP, 18.32%, 10/06/2026 (a)(r)	Upstart		10/12/2023		681		677		673

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

138

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L4008296.SRDUP, 15.63%, 10/06/2026 (a)(r)	Upstart		10/12/2023	$	1,500	$	1,493	$	1,491
L4008337.SRDUP, 21.04%, 10/06/2028 (a)(r)	Upstart		10/12/2023		17,000		16,915		16,877
L4008356.SRDUP, 19.19%, 10/06/2026 (a)(r)	Upstart		10/12/2023		2,300		2,289		2,280
L4008357.SRDUP, 22.06%, 10/06/2028 (a)(r)	Upstart		10/12/2023		25,000		24,875		24,776
L4008372.SRDUP, 12.35%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,600		5,572		5,586
L4008374.SRDUP, 18.25%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,300		1,294		1,292
L4008380.SRDUP, 23.45%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,000		995		991
L4008385.SRDUP, 14.87%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,100		5,075		5,078
L4008387.SRDUP, 18.96%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,000		2,985		2,987
L4008395.SRDUP, 24.01%, 10/06/2028 (a)(r)	Upstart		10/12/2023		16,600		16,517		16,478
L4008409.SRDUP, 21.11%, 10/06/2028 (a)(r)	Upstart		10/12/2023		15,000		14,925		14,866
L4008420.SRDUP, 20.50%, 10/06/2028 (a)(r)	Upstart		10/12/2023		50,000		49,750		49,638
L4008451.SRDUP, 17.84%, 10/06/2028 (a)(r)	Upstart		10/12/2023		9,000		8,955		8,961
L4008452.SRDUP, 21.33%, 10/06/2028 (a)(r)	Upstart		10/12/2023		50,000		49,750		49,554
L4008497.SRDUP, 15.95%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,000		995		996
L4008507.SRDUP, 23.06%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,700		6,667		6,651
L4008508.SRDUP, 20.53%, 10/06/2026 (a)(r)	Upstart		10/12/2023		17,600		17,512		17,444
L4008533.SRDUP, 20.84%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,600		4,577		4,567
L4008546.SRDUP, 11.15%, 10/06/2026 (a)(r)	Upstart		10/12/2023		2,300		2,289		2,295
L4008561.SRDUP, 22.42%, 10/06/2028 (a)(r)	Upstart		10/12/2023		2,700		2,687		2,676
L4008563.SRDUP, 20.43%, 10/06/2028 (a)(r)	Upstart		10/12/2023		14,585		14,512		14,474
L4008565.SRDUP, 23.28%, 10/06/2028 (a)(r)	Upstart		10/12/2023		30,800		30,646		30,523
L4008571.SRDUP, 22.06%, 10/06/2028 (a)(r)	Upstart		10/12/2023		50,000		49,750		49,636
L4008576.SRDUP, 17.03%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,400		1,393		1,394
L4008584.SRDUP, 17.11%, 10/06/2028 (a)(r)	Upstart		10/12/2023		11,200		11,144		11,151
L4008601.SRDUP, 19.80%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,400		3,383		3,375
L4008611.SRDUP, 23.40%, 10/06/2028 (a)(r)	Upstart		10/12/2023		1,500		1,493		1,487
L4008619.SRDUP, 13.75%, 10/06/2028 (a)(r)	Upstart		10/12/2023		33,400		33,350		33,316
L4008635.SRDUP, 20.27%, 10/06/2026 (a)(r)	Upstart		10/12/2023		6,500		6,468		6,442
L4008662.SRDUP, 20.92%, 10/06/2028 (a)(r)	Upstart		10/12/2023		3,000		2,985		2,978
L4008663.SRDUP, 16.96%, 10/06/2026 (a)(r)	Upstart		10/12/2023		10,900		10,846		10,837
L4008675.SRDUP, 16.62%, 10/06/2028 (a)(r)	Upstart		10/12/2023		4,500		4,478		4,488
L4008676.SRDUP, 13.72%, 10/06/2026 (a)(r)	Upstart		10/12/2023		16,306		16,225		16,267
L4008679.SRDUP, 13.51%, 10/06/2028 (a)(r)	Upstart		10/12/2023		50,000		49,925		49,785
L4008683.SRDUP, 13.46%, 10/06/2026 (a)(r)	Upstart		10/12/2023		13,000		12,935		12,952
L4008684.SRDUP, 19.68%, 10/06/2028 (a)(r)	Upstart		10/12/2023		25,000		24,875		24,889
L4008690.SRDUP, 18.54%, 10/06/2026 (a)(r)	Upstart		10/12/2023		7,300		7,264		7,272
L4008732.SRDUP, 20.94%, 10/06/2028 (a)(r)	Upstart		10/12/2023		50,000		49,750		49,637
L4008742.SRDUP, 19.16%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,700		5,672		5,659
L4008799.SRDUP, 17.73%, 10/06/2028 (a)(r)	Upstart		10/12/2023		6,800		6,766		6,751
L4008802.SRDUP, 14.95%, 10/06/2026 (a)(r)	Upstart		10/12/2023		8,980		8,935		8,927
L4009116.SRDUP, 23.47%, 10/06/2028 (a)(r)	Upstart		10/12/2023		5,560		5,532		5,507
L4009372.SRDUP, 11.70%, 10/06/2028 (a)(r)	Upstart		10/12/2023		35,000		34,825		34,913
L4009414.SRDUP, 17.39%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,400		3,395		3,387
L4009582.SRDUP, 23.38%, 10/06/2028 (a)(r)	Upstart		10/12/2023		13,600		13,532		13,500
L4009689.SRDUP, 19.05%, 10/06/2028 (a)(r)	Upstart		10/12/2023		10,000		9,950		9,956
L4009738.SRDUP, 12.18%, 10/06/2026 (a)(r)	Upstart		10/12/2023		34,000		33,830		33,875
L4009761.SRDUP, 19.74%, 10/06/2026 (a)(r)	Upstart		10/12/2023		1,000		995		991
L4009878.SRDUP, 18.12%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,993
L4009943.SRDUP, 23.02%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,600		22,487		22,429
L4009993.SRDUP, 23.51%, 10/10/2028 (a)(r)	Upstart		10/13/2023		9,967		9,917		9,892
L4010071.SRDUP, 20.99%, 10/10/2028 (a)(r)	Upstart		10/13/2023		16,000		15,920		15,939
L4010303.SRDUP, 18.89%, 10/10/2028 (a)(r)	Upstart		10/13/2023		7,200		7,164		7,156
L4010402.SRDUP, 23.01%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,400		1,393		1,389
L4010443.SRDUP, 19.61%, 10/10/2028 (a)(r)	Upstart		10/13/2023		20,000		19,900		19,878
L4010561.SRDUP, 12.05%, 10/10/2028 (a)(r)	Upstart		10/13/2023		50,000		49,750		49,895
L4010910.SRDUP, 20.65%, 10/10/2028 (a)(r)	Upstart		10/13/2023		50,000		49,750		49,693

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

139

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
United States - 4.5% (continued)
L4011063.SRDUP, 20.63%, 10/10/2028 (a)(r)	Upstart		10/13/2023	$	18,000	$	17,910	$	17,890
L4011105.SRDUP, 22.47%, 10/10/2028 (a)(r)	Upstart		10/13/2023		8,000		7,960		7,939
L4011139.SRDUP, 15.25%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,989
L4011207.SRDUP, 21.69%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,179		1,173		1,170
L4011229.SRDUP, 17.78%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,900		3,881		3,885
L4011256.SRDUP, 22.34%, 10/10/2028 (a)(r)	Upstart		10/13/2023		20,045		19,945		19,916
L4011423.SRDUP, 23.22%, 10/10/2028 (a)(r)	Upstart		10/13/2023		14,712		14,639		14,595
L4011503.SRDUP, 13.50%, 10/10/2028 (a)(r)	Upstart		10/13/2023		16,600		16,517		16,565
L4011511.SRDUP, 22.39%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,100		2,090		2,087
L4011517.SRDUP, 16.80%, 10/10/2028 (a)(r)	Upstart		10/13/2023		35,000		34,825		34,871
L4011526.SRDUP, 17.51%, 10/10/2028 (a)(r)	Upstart		10/13/2023		7,500		7,463		7,472
L4011587.SRDUP, 18.07%, 10/10/2028 (a)(r)	Upstart		10/13/2023		19,300		19,204		19,228
L4011938.SRDUP, 12.95%, 10/10/2028 (a)(r)	Upstart		10/13/2023		49,000		48,755		48,896
L4012063.SRDUP, 22.95%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,400		1,398		1,389
L4012074.SRDUP, 16.98%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,600		22,487		22,516
L4012174.SRDUP, 21.99%, 10/10/2028 (a)(r)	Upstart		10/13/2023		7,000		6,965		6,947
L4012203.SRDUP, 15.00%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,300		11,283		11,276
L4012216.SRDUP, 17.96%, 10/10/2028 (a)(r)	Upstart		10/13/2023		15,000		14,925		14,944
L4012238.SRDUP, 24.00%, 10/10/2028 (a)(r)	Upstart		10/13/2023		13,400		13,333		13,317
L4012374.SRDUP, 23.26%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,981
L4012445.SRDUP, 21.66%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,200		4,179		4,168
L4012462.SRDUP, 19.93%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,000		4,975		4,969
L4012536.SRDUP, 21.94%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,000		2,985		2,977
L4012568.SRDUP, 21.56%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,700		5,672		5,657
L4012668.SRDUP, 21.76%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,100		3,085		3,081
L4012708.SRDUP, 11.54%, 10/10/2026 (a)(r)	Upstart		10/13/2023		3,000		2,996		2,994
L4012712.SRDUP, 16.82%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,508		5,480		5,495
L4012740.SRDUP, 21.32%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,500		22,388		22,415
L4012745.SRDUP, 11.19%, 10/10/2026 (a)(r)	Upstart		10/13/2023		6,000		5,970		5,988
L4012802.SRDUP, 14.60%, 10/10/2026 (a)(r)	Upstart		10/13/2023		20,000		19,900		19,937
L4012811.SRDUP, 20.16%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,400		3,395		3,379
L4012837.SRDUP, 17.26%, 10/10/2028 (a)(r)	Upstart		10/13/2023		2,000		1,990		1,996
L4012858.SRDUP, 19.56%, 10/10/2026 (a)(r)	Upstart		10/13/2023		1,200		1,194		1,194
L4012878.SRDUP, 22.72%, 10/10/2028 (a)(r)	Upstart		10/13/2023		22,500		22,388		22,330
L4012893.SRDUP, 13.34%, 10/10/2028 (a)(r)	Upstart		10/13/2023		25,200		25,074		25,146
L4012899.SRDUP, 14.84%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,431		3,414		3,418
L4012904.SRDUP, 16.36%, 10/10/2028 (a)(r)	Upstart		10/13/2023		15,500		15,423		15,443
L4012951.SRDUP, 20.55%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,300		11,243		11,257
L4012990.SRDUP, 17.92%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,300		1,293		1,295
L4013032.SRDUP, 23.57%, 10/10/2028 (a)(r)	Upstart		10/13/2023		25,500		25,372		25,306
L4013165.SRDUP, 15.48%, 10/10/2028 (a)(r)	Upstart		10/13/2023		15,500		15,422		15,443
L4013189.SRDUP, 10.70%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,000		3,980		3,992
L4013214.SRDUP, 22.61%, 10/10/2028 (a)(r)	Upstart		10/13/2023		6,400		6,368		6,352
L4013562.SRDUP, 22.93%, 10/10/2028 (a)(r)	Upstart		10/13/2023		3,400		3,383		3,379
L4013573.SRDUP, 15.30%, 10/10/2028 (a)(r)	Upstart		10/13/2023		15,000		14,977		14,945
L4013643.SRDUP, 21.61%, 10/10/2028 (a)(r)	Upstart		10/13/2023		1,000		995		994
L4013782.SRDUP, 12.51%, 10/10/2026 (a)(r)	Upstart		10/13/2023		4,000		3,980		3,988
L4014155.SRDUP, 15.84%, 10/10/2028 (a)(r)	Upstart		10/13/2023		50,000		49,750		49,816
L4014639.SRDUP, 11.40%, 10/10/2028 (a)(r)	Upstart		10/13/2023		17,000		16,915		16,982
L4014640.SRDUP, 18.86%, 10/10/2026 (a)(r)	Upstart		10/13/2023		28,300		28,158		28,160
L4014835.SRDUP, 24.03%, 10/10/2028 (a)(r)	Upstart		10/13/2023		11,200		11,183		11,115
L4015135.SRDUP, 20.62%, 10/10/2028 (a)(r)	Upstart		10/13/2023		5,000		4,975		4,969
L4015484.SRDUP, 15.23%, 10/10/2028 (a)(r)	Upstart		10/13/2023		20,000		19,900		19,927
L4015653.SRDUP, 24.40%, 10/11/2028 (a)(r)	Upstart		10/16/2023		6,409		6,399		6,358
L4015659.SRDUP, 23.24%, 10/11/2028 (a)(r)	Upstart		10/16/2023		3,400		3,383		3,362
Total Consumer Loans (Cost $52,587,442)							52,587,442		47,124,991

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

140

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

	PLATFORM	ORIGINAL ACQUISITION DATE		PRINCIPAL AMOUNT		COST		VALUE
Student Loans (l) - 0.0%
United States (l) - 0.0%
L3283479.SRDUP, 17.33%, 07/20/2027 (a)(r)	Upstart		07/25/2022	$	5,504	$	5,504	$	5,480
L3291812.SRDUP, 17.77%, 07/22/2027 (a)(r)	Upstart		07/27/2022		4,131		4,131		4,111
L3294068.SRDUP, 24.04%, 07/25/2027 (a)(o)(r)	Upstart		07/28/2022		1,085		1,085		160
L3300956.SRDUP, 22.06%, 07/27/2027 (a)(o)(r)	Upstart		08/01/2022		8,829		8,829		8,837
L3320263.SRDUP, 21.57%, 08/03/2027 (a)(r)	Upstart		08/08/2022		2,982		2,906		2,960
L3321408.SRDUP, 15.62%, 08/04/2027 (a)(o)(r)	Upstart		08/09/2022		10,902		10,633		10,818
L3324892.SRDUP, 17.55%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		1,006		977		998
L3325120.SRDUP, 15.78%, 08/05/2027 (a)(o)(r)	Upstart		08/10/2022		8,402		8,150		2,102
L3325729.SRDUP, 24.30%, 08/05/2027 (a)(r)	Upstart		08/10/2022		2,153		2,097		2,137
L3332346.SRDUP, 18.70%, 08/09/2027 (a)(o)(r)	Upstart		08/12/2022		1,872		1,816		166
L3382376.SRDUP, 16.97%, 09/01/2027 (a)(r)	Upstart		09/07/2022		3,563		3,473		3,531
L3385912.SRDUP, 14.81%, 09/02/2027 (a)(r)	Upstart		09/08/2022		12,597		12,257		12,492
L3487758.SRDUP, 16.74%, 10/13/2027 (a)(r)	Upstart		10/18/2022		3,245		3,162		3,222
L3899746.SRDUP, 19.55%, 08/02/2026 (a)(r)	Upstart		08/07/2023		4,792		4,769		4,726
Total Student Loans (Cost $69,789)							69,789		61,740
Total Whole Loans (Cost $52,657,231)									47,186,731
TOTAL INVESTMENTS (Cost $1,052,523,149) - 101.0%									1,061,878,148
OTHER LIABILITIES IN EXCESS OF ASSETS - (1.0)%									(11,300,440)
TOTAL NET ASSETS - 100.0%								$	1,050,577,708

Principal amounts stated in U.S. dollars unless otherwise stated.

Percentages are stated as a percent of net assets.

(a) Security is fair valued by a third-party valuation specialist pursuant to procedures approved by the Board of Trustees. Value is determined using significant unobservable inputs.

(b) Security is restricted to resale to institutional investors. The aggregate value of these securities is $101,199,780, which represents 9.6% of net assets.

(c) Underlying holdings are consumer loans.

(d) Underlying holdings are mortgages.

(e) Country shown is geographic area of peril risk.

(f) Foreign issued security. Total foreign securities by country of domicile are $369,858,815. Foreign concentration is as follows: Bermuda: 31.1%, Cayman Islands: 1.2%, Singapore: 1.2%, Ireland: 0.8%, Supranational: 0.8%, and Hong Kong: 0.1%.

(g) Variable rate security. Reference rates as of October 31, 2023 are as follows: Secured Overnight Financing Rate (SOFR) 5.32%, 3 Month Euribor 3.95%, T-Bill 3 Month 5.48%, and 3 Month Libor 5.65%. Actual reference rates may vary based on the reset date of the security.

(h) Security is restricted as to resale.

(i) Although security is restricted as to resale, the Fund’s Adviser has determined this security to be liquid based upon procedures approved by the Board of Trustees. The aggregate value of these securities at October 31, 2023 was $293,903,755, which represents 28.0% of net assets.

(j) Value determined using significant unobservable inputs.

(k) Rate shown is the effective yield based on purchase price. The calculation assumes the security is held to maturity.

(l) Rounds to Zero.

(m) Affiliated company. See Note 3.

(n) Security is fair valued by the Adviser Valuation Committee using an insurance industry model pursuant to procedures approved by the Board of Trustees. The aggregate value of these securities is $53,457,662, which represents 5.1% of net assets.

(o) Non-income producing security.

(p) Rate shown is the 7-day effective yield.

(q) All or a portion of this security is held as collateral for derivative contracts.

(r) Security may be deemed restricted to resale to institutional investors. The aggregate value of these securities is $47,186,731 which represents 4.5% of net assets.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

141

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

Written Options

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
CALL OPTIONS
Aluminum Future, Expires 11/27/2023 Strike Price $2,300.00		5	$	283,125.00	$	3,500
Aluminum Future, Expires 11/27/2023 Strike Price $2,325.00		5		283,125		2,563
Aluminum Future, Expires 11/27/2023 Strike Price $2,350.00		5		283,125		1,844
Australian Dollar Future, Expires 11/03/2023 Strike Price $64.00		174		11,052,480		20,880
Australian Dollar Future, Expires 11/03/2023 Strike Price $64.25		25		1,588,000		1,750
Australian Dollar Future, Expires 11/03/2023 Strike Price $64.50		245		15,562,400		8,575
Australian Dollar Future, Expires 11/03/2023 Strike Price $64.75		311		19,754,720		6,220
Australian Dollar Future, Expires 11/03/2023 Strike Price $65.00		409		25,979,680		4,090
Australian Dollar Future, Expires 11/03/2023 Strike Price $65.25		150		9,528,000		750
Australian Dollar Future, Expires 11/03/2023 Strike Price $65.50		201		12,767,520		1,005
Australian Dollar Future, Expires 11/03/2023 Strike Price $65.75		75		4,764,000		375
Australian Dollar Future, Expires 11/03/2023 Strike Price $66.00		233		14,800,160		1,165
Australian Dollar Future, Expires 11/03/2023 Strike Price $66.25		25		1,588,000		125
Australian Dollar Future, Expires 11/03/2023 Strike Price $66.50		137		8,702,240		685
Australian Dollar Future, Expires 11/03/2023 Strike Price $67.00		78		4,954,560		390
Australian Dollar Future, Expires 12/08/2023 Strike Price $65.00		62		3,938,240		17,980
Australian Dollar Future, Expires 12/08/2023 Strike Price $65.50		184		11,687,680		33,120
Australian Dollar Future, Expires 12/08/2023 Strike Price $66.00		82		5,208,640		9,020
Australian Dollar Future, Expires 12/08/2023 Strike Price $66.50		1		63,520		70
Australian Dollar Future, Expires 12/08/2023 Strike Price $67.50		9		571,680		270
Australian Dollar Future, Expires 12/08/2023 Strike Price $68.00		20		1,270,400		400
British Pound Future, Expires 11/03/2023 Strike Price $121.75		28		2,126,950		6,825
British Pound Future, Expires 11/03/2023 Strike Price $122.00		50		3,798,125		9,062
British Pound Future, Expires 11/03/2023 Strike Price $122.50		110		8,355,875		10,313
British Pound Future, Expires 11/03/2023 Strike Price $122.75		56		4,253,900		3,500
British Pound Future, Expires 11/03/2023 Strike Price $123.00		339		25,751,288		14,831
British Pound Future, Expires 11/03/2023 Strike Price $123.25		232		17,623,300		7,250
British Pound Future, Expires 11/03/2023 Strike Price $123.50		421		31,980,213		7,894
British Pound Future, Expires 11/03/2023 Strike Price $123.75		102		7,748,175		1,275
British Pound Future, Expires 11/03/2023 Strike Price $124.00		191		14,508,838		1,194
British Pound Future, Expires 11/03/2023 Strike Price $124.25		77		5,849,113		481
British Pound Future, Expires 11/03/2023 Strike Price $124.50		136		10,330,900		850
British Pound Future, Expires 11/03/2023 Strike Price $125.00		21		1,595,213		131
British Pound Future, Expires 11/03/2023 Strike Price $125.50		41		3,114,463		256
British Pound Future, Expires 11/03/2023 Strike Price $126.50		2		151,925		12
British Pound Future, Expires 11/03/2023 Strike Price $128.00		2		151,925		12
British Pound Future, Expires 11/03/2023 Strike Price $128.50		7		531,738		44
British Pound Future, Expires 11/03/2023 Strike Price $129.00		51		3,874,088		319
British Pound Future, Expires 11/03/2023 Strike Price $129.50		50		3,798,125		313
British Pound Future, Expires 11/03/2023 Strike Price $130.00		30		2,278,875		187
British Pound Future, Expires 11/03/2023 Strike Price $130.50		2		151,925		12
British Pound Future, Expires 11/03/2023 Strike Price $131.00		10		759,625		62
British Pound Future, Expires 12/08/2023 Strike Price $124.00		5		379,813		1,063
British Pound Future, Expires 12/08/2023 Strike Price $125.50		68		5,165,450		5,525
British Pound Future, Expires 12/08/2023 Strike Price $126.00		31		2,354,838		1,744
British Pound Future, Expires 12/08/2023 Strike Price $128.00		2		151,925		38
British Pound Future, Expires 12/08/2023 Strike Price $128.50		2		151,925		37
Canadian Dollar Future, Expires 11/03/2023 Strike Price $72.75		25		1,804,250		750
Canadian Dollar Future, Expires 11/03/2023 Strike Price $73.50		125		9,021,250		625
Canadian Dollar Future, Expires 11/03/2023 Strike Price $74.00		500		36,085,000		2,500
Canadian Dollar Future, Expires 11/03/2023 Strike Price $74.25		157		11,330,690		785
Canadian Dollar Future, Expires 11/03/2023 Strike Price $74.50		464		33,486,880		2,320
Canadian Dollar Future, Expires 11/03/2023 Strike Price $75.00		227		16,382,590		1,135
Canadian Dollar Future, Expires 11/03/2023 Strike Price $75.50		125		9,021,250		625
Canadian Dollar Future, Expires 11/03/2023 Strike Price $76.00		25		1,804,250		125

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

142

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Canadian Dollar Future, Expires 12/08/2023 Strike Price $73.00		90	$	6,495,300	$	19,800
Canadian Dollar Future, Expires 12/08/2023 Strike Price $73.50		175		12,629,750		19,250
Canadian Dollar Future, Expires 12/08/2023 Strike Price $74.00		140		10,103,800		7,000
Canadian Dollar Future, Expires 12/08/2023 Strike Price $74.50		308		22,228,360		7,700
Canadian Dollar Future, Expires 12/08/2023 Strike Price $75.00		175		12,629,750		2,625
Canadian Dollar Future, Expires 12/08/2023 Strike Price $75.50		50		3,608,500		500
Canadian Dollar Future, Expires 12/08/2023 Strike Price $76.00		1		72,170		10
Canadian Dollar Future, Expires 12/08/2023 Strike Price $76.50		10		721,700		50
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $28.00		250		453,500		5,250
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $29.00		350		634,900		6,650
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $30.00		500		907,000		9,000
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $31.00		725		1,315,150		11,963
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $32.00		650		1,179,100		10,075
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $33.00		600		1,088,400		8,700
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $34.00		450		816,300		6,075
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $35.00		234		424,476		3,042
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $36.00		200		362,800		2,400
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $37.00		100		181,400		1,200
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $38.00		50		90,700		525
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $39.00		50		90,700		525
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $40.00		100		181,400		950
CBOE SPX Volatility Index, Expires 11/15/2023 Strike Price $42.50		50		90,700		425
Cocoa Future, Expires 11/03/2023 Strike Price $3,500.00		21		801,570		66,780
Cocoa Future, Expires 11/03/2023 Strike Price $3,550.00		68		2,595,560		182,240
Cocoa Future, Expires 11/03/2023 Strike Price $3,600.00		299		11,412,830		654,810
Cocoa Future, Expires 11/03/2023 Strike Price $3,650.00		294		11,221,980		502,740
Cocoa Future, Expires 11/03/2023 Strike Price $3,700.00		300		11,451,000		372,000
Cocoa Future, Expires 11/03/2023 Strike Price $3,750.00		300		11,451,000		246,000
Cocoa Future, Expires 11/03/2023 Strike Price $3,800.00		300		11,451,000		144,000
Cocoa Future, Expires 11/03/2023 Strike Price $3,850.00		291		11,107,470		75,660
Cocoa Future, Expires 11/03/2023 Strike Price $3,900.00		306		11,680,020		39,780
Cocoa Future, Expires 11/03/2023 Strike Price $3,950.00		185		7,061,450		11,100
Cocoa Future, Expires 11/03/2023 Strike Price $4,000.00		116		4,427,720		3,480
Cocoa Future, Expires 11/03/2023 Strike Price $4,100.00		50		1,908,500		500
Cocoa Future, Expires 11/03/2023 Strike Price $4,250.00		14		534,380		140
Cocoa Future, Expires 11/03/2023 Strike Price $4,300.00		9		343,530		90
Cocoa Future, Expires 11/03/2023 Strike Price $4,350.00		10		381,700		100
Cocoa Future, Expires 12/01/2023 Strike Price $3,800.00		28		1,077,160		37,800
Cocoa Future, Expires 12/01/2023 Strike Price $3,850.00		92		3,539,240		101,200
Cocoa Future, Expires 12/01/2023 Strike Price $3,900.00		81		3,116,070		72,900
Cocoa Future, Expires 12/01/2023 Strike Price $3,950.00		121		4,654,870		88,330
Cocoa Future, Expires 12/01/2023 Strike Price $4,000.00		160		6,155,200		94,400
Cocoa Future, Expires 12/01/2023 Strike Price $4,050.00		231		8,886,570		108,570
Cocoa Future, Expires 12/01/2023 Strike Price $4,100.00		240		9,232,800		91,200
Cocoa Future, Expires 12/01/2023 Strike Price $4,150.00		245		9,425,150		75,950
Cocoa Future, Expires 12/01/2023 Strike Price $4,200.00		215		8,271,050		53,750
Cocoa Future, Expires 12/01/2023 Strike Price $4,250.00		182		7,001,540		38,220
Cocoa Future, Expires 12/01/2023 Strike Price $4,300.00		112		4,308,640		19,040
Cocoa Future, Expires 12/01/2023 Strike Price $4,350.00		7		269,290		980
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $155.00		14		878,325		66,413
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $157.50		30		1,882,125		116,663
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $160.00		218		13,676,775		674,438
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $162.50		219		13,739,513		519,030
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $165.00		241		15,119,738		419,340
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $167.50		166		10,414,425		202,312
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $170.00		113		7,089,338		93,649
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $172.50		46		2,885,925		25,358
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $180.00		25		1,568,438		4,313

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

143

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Corn Future, Expires 11/24/2023 Strike Price $485.00		133	$	3,183,688	$	39,069
Corn Future, Expires 11/24/2023 Strike Price $490.00		570		13,644,375		121,125
Corn Future, Expires 11/24/2023 Strike Price $495.00		970		23,219,375		151,562
Corn Future, Expires 11/24/2023 Strike Price $500.00		897		21,471,938		100,912
Corn Future, Expires 11/24/2023 Strike Price $505.00		580		13,883,750		47,125
Corn Future, Expires 11/24/2023 Strike Price $510.00		574		13,740,125		35,875
Corn Future, Expires 11/24/2023 Strike Price $515.00		303		7,253,063		13,256
Corn Future, Expires 11/24/2023 Strike Price $520.00		84		2,010,750		3,150
Corn Future, Expires 11/24/2023 Strike Price $525.00		40		957,500		1,000
Cotton Future, Expires 11/10/2023 Strike Price $82.00		34		1,380,740		16,660
Cotton Future, Expires 11/10/2023 Strike Price $83.00		329		13,360,690		108,570
Cotton Future, Expires 11/10/2023 Strike Price $84.00		459		18,639,990		98,685
Cotton Future, Expires 11/10/2023 Strike Price $85.00		639		25,949,790		92,655
Cotton Future, Expires 11/10/2023 Strike Price $86.00		338		13,726,180		33,800
Cotton Future, Expires 11/10/2023 Strike Price $87.00		129		5,238,690		9,030
Cotton Future, Expires 11/10/2023 Strike Price $88.00		61		2,477,210		3,050
Cotton Future, Expires 11/10/2023 Strike Price $89.00		43		1,746,230		1,505
Cotton Future, Expires 11/10/2023 Strike Price $90.00		81		3,289,410		2,430
Cotton Future, Expires 11/10/2023 Strike Price $91.00		16		649,760		320
Cotton Future, Expires 12/15/2023 Strike Price $88.00		11		459,305		5,005
Cotton Future, Expires 12/15/2023 Strike Price $89.00		16		668,080		5,920
Cotton Future, Expires 12/15/2023 Strike Price $90.00		18		751,590		5,490
Crude Oil Future, Expires 11/15/2023 Strike Price $105.50		34		2,754,680		4,080
Crude Oil Future, Expires 11/27/2023 Strike Price $100.00		25		2,125,500		14,250
Crude Oil Future, Expires 11/27/2023 Strike Price $100.50		21		1,785,420		11,340
Crude Oil Future, Expires 11/27/2023 Strike Price $101.00		22		1,870,440		11,440
Crude Oil Future, Expires 11/27/2023 Strike Price $101.50		18		1,530,360		9,000
Crude Oil Future, Expires 11/27/2023 Strike Price $102.00		47		3,995,940		22,560
Crude Oil Future, Expires 11/27/2023 Strike Price $102.50		45		3,825,900		20,700
Crude Oil Future, Expires 11/27/2023 Strike Price $103.00		25		2,125,500		11,000
Crude Oil Future, Expires 11/27/2023 Strike Price $103.50		33		2,805,660		14,190
Crude Oil Future, Expires 11/27/2023 Strike Price $104.00		16		1,360,320		6,560
Crude Oil Future, Expires 11/27/2023 Strike Price $104.50		17		1,445,340		6,800
Crude Oil Future, Expires 11/27/2023 Strike Price $105.00		53		4,506,060		20,140
Crude Oil Future, Expires 11/27/2023 Strike Price $105.50		21		1,785,420		7,770
Crude Oil Future, Expires 11/27/2023 Strike Price $106.00		33		2,805,660		11,880
Crude Oil Future, Expires 11/27/2023 Strike Price $107.00		14		1,190,280		4,620
Crude Oil Future, Expires 11/27/2023 Strike Price $107.50		15		1,275,300		4,800
Crude Oil Future, Expires 11/27/2023 Strike Price $108.50		6		510,120		1,800
Euro FX Future, Expires 11/03/2023 Strike Price $1.0600		74		9,805,000		36,075
Euro FX Future, Expires 11/03/2023 Strike Price $1.0625		19		2,517,500		6,413
Euro FX Future, Expires 11/03/2023 Strike Price $1.0650		236		31,270,000		56,050
Euro FX Future, Expires 11/03/2023 Strike Price $1.0675		36		4,770,000		5,400
Euro FX Future, Expires 11/03/2023 Strike Price $1.0700		167		22,127,500		14,613
Euro FX Future, Expires 11/03/2023 Strike Price $1.0750		99		13,117,500		3,094
Euro FX Future, Expires 11/03/2023 Strike Price $1.0850		84		11,130,000		525
Euro FX Future, Expires 11/03/2023 Strike Price $1.0900		102		13,515,000		637
Euro FX Future, Expires 11/03/2023 Strike Price $1.0950		25		3,312,500		156
Euro FX Future, Expires 11/03/2023 Strike Price $1.1000		25		3,312,500		156
Euro FX Future, Expires 11/03/2023 Strike Price $1.1050		50		6,625,000		312
Euro FX Future, Expires 12/08/2023 Strike Price $1.0650		58		7,685,000		52,925
Euro FX Future, Expires 12/08/2023 Strike Price $1.0700		129		17,092,500		85,462
Euro FX Future, Expires 12/08/2023 Strike Price $1.0750		68		9,010,000		32,300
Euro FX Future, Expires 12/08/2023 Strike Price $1.0800		50		6,625,000		16,250
Euro FX Future, Expires 12/08/2023 Strike Price $1.0850		19		2,517,500		4,275
Gold Future, Expires 11/27/2023 Strike Price $2,025.00		1		199,430		1,870
Gold Future, Expires 11/27/2023 Strike Price $2,050.00		2		398,860		2,500
Gold Future, Expires 11/27/2023 Strike Price $2,080.00		21		4,188,030		16,170

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

144

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Gold Future, Expires 11/27/2023 Strike Price $2,085.00		42	$	8,376,060	$	30,240
Gold Future, Expires 11/27/2023 Strike Price $2,090.00		68		13,561,240		44,880
Gold Future, Expires 11/27/2023 Strike Price $2,095.00		104		20,740,720		63,440
Gold Future, Expires 11/27/2023 Strike Price $2,100.00		105		20,940,150		59,850
Gold Future, Expires 11/27/2023 Strike Price $2,105.00		42		8,376,060		21,840
Gold Future, Expires 11/27/2023 Strike Price $2,110.00		43		8,575,490		21,070
Gold Future, Expires 11/27/2023 Strike Price $2,115.00		55		10,968,650		24,750
Gold Future, Expires 11/27/2023 Strike Price $2,120.00		52		10,370,360		21,840
Gold Future, Expires 11/27/2023 Strike Price $2,125.00		10		1,994,300		3,900
Gold Future, Expires 11/27/2023 Strike Price $2,130.00		4		797,720		1,440
Gold Future, Expires 11/27/2023 Strike Price $2,140.00		8		1,595,440		2,560
Gold Future, Expires 11/27/2023 Strike Price $2,145.00		15		2,991,450		4,500
HG Copper Future, Expires 11/27/2023 Strike Price $374.00		15		1,368,375		12,937
HG Copper Future, Expires 11/27/2023 Strike Price $375.00		35		3,192,875		27,562
HG Copper Future, Expires 11/27/2023 Strike Price $376.00		15		1,368,375		10,875
HG Copper Future, Expires 11/27/2023 Strike Price $377.00		49		4,470,025		32,463
HG Copper Future, Expires 11/27/2023 Strike Price $378.00		24		2,189,400		14,400
HG Copper Future, Expires 11/27/2023 Strike Price $379.00		40		3,649,000		22,000
HG Copper Future, Expires 11/27/2023 Strike Price $380.00		71		6,476,975		35,500
HG Copper Future, Expires 11/27/2023 Strike Price $381.00		86		7,845,350		38,700
HG Copper Future, Expires 11/27/2023 Strike Price $382.00		52		4,743,700		21,450
HG Copper Future, Expires 11/27/2023 Strike Price $383.00		56		5,108,600		21,000
HG Copper Future, Expires 11/27/2023 Strike Price $384.00		48		4,378,800		16,200
HG Copper Future, Expires 11/27/2023 Strike Price $385.00		19		1,733,275		5,938
HG Copper Future, Expires 11/27/2023 Strike Price $386.00		29		2,645,525		7,975
HG Copper Future, Expires 11/27/2023 Strike Price $387.00		20		1,824,500		5,000
HG Copper Future, Expires 11/27/2023 Strike Price $389.00		4		364,900		850
HG Copper Future, Expires 11/27/2023 Strike Price $390.00		1		91,225		187
HG Copper Future, Expires 11/27/2023 Strike Price $393.00		10		912,250		1,375
Japanese Yen Future, Expires 11/03/2023 Strike Price $67.75		25		2,077,188		1,875
Japanese Yen Future, Expires 11/03/2023 Strike Price $68.00		22		1,827,925		1,375
Japanese Yen Future, Expires 11/03/2023 Strike Price $68.50		260		21,602,750		9,750
Japanese Yen Future, Expires 11/03/2023 Strike Price $68.75		28		2,326,450		875
Japanese Yen Future, Expires 11/03/2023 Strike Price $69.00		167		13,875,613		4,175
Japanese Yen Future, Expires 11/03/2023 Strike Price $69.25		25		2,077,188		626
Japanese Yen Future, Expires 11/03/2023 Strike Price $69.50		46		3,822,025		863
Japanese Yen Future, Expires 11/03/2023 Strike Price $70.00		152		12,629,300		1,900
Japanese Yen Future, Expires 11/03/2023 Strike Price $70.50		59		4,902,163		738
Japanese Yen Future, Expires 11/03/2023 Strike Price $71.00		25		2,077,188		156
Japanese Yen Future, Expires 12/08/2023 Strike Price $68.00		25		2,077,188		9,687
Japanese Yen Future, Expires 12/08/2023 Strike Price $68.50		5		415,438		1,437
Japanese Yen Future, Expires 12/08/2023 Strike Price $69.00		137		11,382,988		29,112
Japanese Yen Future, Expires 12/08/2023 Strike Price $69.50		120		9,970,500		19,500
Japanese Yen Future, Expires 12/08/2023 Strike Price $70.00		111		9,222,713		13,875
Japanese Yen Future, Expires 12/08/2023 Strike Price $70.50		25		2,077,188		2,187
Japanese Yen Future, Expires 12/08/2023 Strike Price $71.00		38		3,157,325		2,850
Lean Hogs Future, Expires 12/18/2023 Strike Price $72.00		25		717,300		22,000
Lean Hogs Future, Expires 12/18/2023 Strike Price $73.00		150		4,303,800		105,000
Lean Hogs Future, Expires 12/18/2023 Strike Price $74.00		251		7,201,692		138,050
Lean Hogs Future, Expires 12/18/2023 Strike Price $75.00		242		6,943,464		101,640
Lean Hogs Future, Expires 12/18/2023 Strike Price $76.00		161		4,619,412		51,520
Lean Hogs Future, Expires 12/18/2023 Strike Price $77.00		100		2,869,200		25,000
Lean Hogs Future, Expires 12/18/2023 Strike Price $78.00		102		2,926,584		19,380
Lean Hogs Future, Expires 12/18/2023 Strike Price $86.00		42		1,205,064		1,680
Live Cattle Future, Expires 11/03/2023 Strike Price $181.00		25		1,835,500		28,250
Live Cattle Future, Expires 11/03/2023 Strike Price $182.00		50		3,671,000		40,000
Live Cattle Future, Expires 11/03/2023 Strike Price $188.00		150		11,013,000		6,000
Live Cattle Future, Expires 11/03/2023 Strike Price $189.00		128		9,397,760		3,840

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

145

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Live Cattle Future, Expires 11/03/2023 Strike Price $190.00		100	$	7,342,000	$	2,000
Live Cattle Future, Expires 11/03/2023 Strike Price $191.00		25		1,835,500		500
Live Cattle Future, Expires 11/03/2023 Strike Price $196.00		25		1,835,500		125
Live Cattle Future, Expires 12/01/2023 Strike Price $194.00		32		2,349,440		3,200
Live Cattle Future, Expires 12/01/2023 Strike Price $195.00		25		1,835,500		2,000
Live Cattle Future, Expires 12/01/2023 Strike Price $196.00		50		3,671,000		3,500
Live Cattle Future, Expires 12/01/2023 Strike Price $197.00		50		3,671,000		3,000
Natural Gas Future, Expires 11/27/2023 Strike Price $3.55		126		4,510,800		327,600
Natural Gas Future, Expires 11/27/2023 Strike Price $3.60		134		4,797,200		318,920
Natural Gas Future, Expires 11/27/2023 Strike Price $3.65		117		4,188,600		254,943
Silver Future, Expires 11/27/2023 Strike Price $25.20		2		229,500		1,140
Silver Future, Expires 11/27/2023 Strike Price $25.25		2		229,500		1,100
Silver Future, Expires 11/27/2023 Strike Price $25.45		2		229,500		950
Silver Future, Expires 11/27/2023 Strike Price $25.50		2		229,500		910
Silver Future, Expires 11/27/2023 Strike Price $25.55		5		573,750		2,200
Silver Future, Expires 11/27/2023 Strike Price $25.60		5		573,750		2,125
Silver Future, Expires 11/27/2023 Strike Price $25.65		9		1,032,750		3,690
Silver Future, Expires 11/27/2023 Strike Price $25.70		2		229,500		790
Silver Future, Expires 11/27/2023 Strike Price $25.75		12		1,377,000		4,620
Silver Future, Expires 11/27/2023 Strike Price $25.80		8		918,000		2,960
Silver Future, Expires 11/27/2023 Strike Price $25.85		4		459,000		1,440
Silver Future, Expires 11/27/2023 Strike Price $25.90		5		573,750		1,725
Silver Future, Expires 11/27/2023 Strike Price $25.95		11		1,262,250		3,685
Silver Future, Expires 11/27/2023 Strike Price $26.00		46		5,278,500		14,950
Silver Future, Expires 11/27/2023 Strike Price $26.05		5		573,750		1,575
Silver Future, Expires 11/27/2023 Strike Price $26.15		10		1,147,500		2,950
Silver Future, Expires 11/27/2023 Strike Price $26.20		5		573,750		1,425
Soybean Future, Expires 11/24/2023 Strike Price $1,310.00		39		2,555,475		39,244
Soybean Future, Expires 11/24/2023 Strike Price $1,320.00		152		9,959,800		118,750
Soybean Future, Expires 11/24/2023 Strike Price $1,330.00		192		12,580,800		114,000
Soybean Future, Expires 11/24/2023 Strike Price $1,340.00		256		16,774,400		113,600
Soybean Future, Expires 11/24/2023 Strike Price $1,350.00		427		27,979,175		138,775
Soybean Future, Expires 11/24/2023 Strike Price $1,360.00		457		29,944,925		108,537
Soybean Future, Expires 11/24/2023 Strike Price $1,370.00		439		28,765,475		74,081
Soybean Future, Expires 11/24/2023 Strike Price $1,380.00		308		20,181,700		38,500
Soybean Future, Expires 11/24/2023 Strike Price $1,390.00		295		19,329,875		27,656
Soybean Future, Expires 11/24/2023 Strike Price $1,400.00		154		10,090,850		10,588
Soybean Future, Expires 11/24/2023 Strike Price $1,410.00		54		3,538,350		2,700
Soybean Future, Expires 11/24/2023 Strike Price $1,420.00		6		393,150		225
Soybean Future, Expires 12/22/2023 Strike Price $1,440.00		67		4,390,175		10,050
Soybean Future, Expires 12/22/2023 Strike Price $1,450.00		5		327,625		767
Soybean Oil Future, Expires 11/24/2023 Strike Price $56.50		12		370,224		1,404
Soybean Oil Future, Expires 11/24/2023 Strike Price $57.00		86		2,653,272		7,998
Soybean Oil Future, Expires 11/24/2023 Strike Price $57.50		88		2,714,976		6,600
Soybean Oil Future, Expires 11/24/2023 Strike Price $58.00		110		3,393,720		6,600
Soybean Oil Future, Expires 11/24/2023 Strike Price $58.50		62		1,912,824		3,162
Soybean Oil Future, Expires 11/24/2023 Strike Price $59.00		62		1,912,824		2,604
Soybean Oil Future, Expires 11/24/2023 Strike Price $59.50		33		1,018,116		1,188
Soybean Oil Future, Expires 11/24/2023 Strike Price $60.00		35		1,079,820		1,155
Soybean Oil Future, Expires 11/24/2023 Strike Price $60.50		12		370,224		360
Soybean Oil Future, Expires 11/24/2023 Strike Price $61.00		6		185,112		162
Sugar Future, Expires 11/15/2023 Strike Price $28.25		36		1,092,269		8,064
Sugar Future, Expires 11/15/2023 Strike Price $28.50		175		5,309,640		31,360
Sugar Future, Expires 11/15/2023 Strike Price $28.75		328		9,951,782		47,757
Sugar Future, Expires 11/15/2023 Strike Price $29.00		473		14,351,198		52,976
Sugar Future, Expires 11/15/2023 Strike Price $29.25		392		11,893,594		35,123
Sugar Future, Expires 11/15/2023 Strike Price $29.50		275		8,343,720		18,480
Sugar Future, Expires 11/15/2023 Strike Price $29.75		315		9,557,352		17,640

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

146

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Sugar Future, Expires 11/15/2023 Strike Price $30.00		149	$	4,520,779	$	6,675
Sugar Future, Expires 11/15/2023 Strike Price $30.25		118		3,580,214		3,965
Sugar Future, Expires 11/15/2023 Strike Price $30.50		99		3,003,739		2,218
Sugar Future, Expires 11/15/2023 Strike Price $31.50		25		758,520		280
Sugar Future, Expires 12/15/2023 Strike Price $31.50		75		2,275,560		10,080
Sugar Future, Expires 12/15/2023 Strike Price $32.00		42		1,274,314		4,234
Sugar Future, Expires 12/15/2023 Strike Price $33.00		50		1,517,040		3,360
Sugar Future, Expires 12/15/2023 Strike Price $34.00		25		758,520		1,120
Wheat Future, Expires 11/24/2023 Strike Price $600.00		3		83,438		685
Wheat Future, Expires 11/24/2023 Strike Price $605.00		2		55,625		419
Wheat Future, Expires 11/24/2023 Strike Price $610.00		6		166,875		995
Wheat Future, Expires 11/24/2023 Strike Price $615.00		16		445,000		2,300
Wheat Future, Expires 11/24/2023 Strike Price $620.00		34		945,625		4,250
Wheat Future, Expires 11/24/2023 Strike Price $625.00		93		2,586,563		9,881
Wheat Future, Expires 11/24/2023 Strike Price $630.00		134		3,726,875		12,563
Wheat Future, Expires 11/24/2023 Strike Price $635.00		214		5,951,875		17,387
Wheat Future, Expires 11/24/2023 Strike Price $640.00		195		5,423,438		14,625
Wheat Future, Expires 11/24/2023 Strike Price $645.00		149		4,144,063		9,313
Wheat Future, Expires 11/24/2023 Strike Price $650.00		144		4,005,000		8,100
Wheat Future, Expires 11/24/2023 Strike Price $655.00		125		3,476,563		6,250
Wheat Future, Expires 11/24/2023 Strike Price $660.00		42		1,168,125		2,100
Wheat Future, Expires 11/24/2023 Strike Price $665.00		25		695,313		1,094
TOTAL CALL OPTIONS (Premiums Received $12,882,577)						10,282,256
PUT OPTIONS
Aluminum Future, Expires 11/27/2023 Strike Price $2,100.00		5		283,125		406
Aluminum Future, Expires 11/27/2023 Strike Price $2,125.00		5		283,125		594
Aluminum Future, Expires 11/27/2023 Strike Price $2,150.00		5		283,125		938
Australian Dollar Future, Expires 11/03/2023 Strike Price $61.00		50		3,176,000		500
Australian Dollar Future, Expires 11/03/2023 Strike Price $61.50		50		3,176,000		500
Australian Dollar Future, Expires 11/03/2023 Strike Price $62.00		147		9,337,440		2,940
Australian Dollar Future, Expires 11/03/2023 Strike Price $62.50		158		10,036,160		7,110
Australian Dollar Future, Expires 11/03/2023 Strike Price $62.75		100		6,352,000		7,000
Australian Dollar Future, Expires 11/03/2023 Strike Price $63.00		287		18,230,240		34,440
Australian Dollar Future, Expires 11/03/2023 Strike Price $63.25		125		7,940,000		23,750
Australian Dollar Future, Expires 11/03/2023 Strike Price $63.50		241		15,308,320		69,890
Australian Dollar Future, Expires 11/03/2023 Strike Price $63.75		175		11,116,000		75,250
Australian Dollar Future, Expires 12/08/2023 Strike Price $59.50		6		381,120		360
Australian Dollar Future, Expires 12/08/2023 Strike Price $60.00		22		1,397,440		1,760
Australian Dollar Future, Expires 12/08/2023 Strike Price $60.50		50		3,176,000		5,500
Australian Dollar Future, Expires 12/08/2023 Strike Price $61.50		25		1,588,000		5,750
British Pound Future, Expires 11/03/2023 Strike Price $117.00		17		1,291,363		106
British Pound Future, Expires 11/03/2023 Strike Price $117.50		35		2,658,688		219
British Pound Future, Expires 11/03/2023 Strike Price $118.00		25		1,899,063		156
British Pound Future, Expires 11/03/2023 Strike Price $118.50		72		5,469,300		450
British Pound Future, Expires 11/03/2023 Strike Price $119.00		14		1,063,475		87
British Pound Future, Expires 11/03/2023 Strike Price $119.50		153		11,622,263		2,869
British Pound Future, Expires 11/03/2023 Strike Price $120.00		186		14,129,025		6,975
British Pound Future, Expires 11/03/2023 Strike Price $120.50		331		25,143,588		28,962
British Pound Future, Expires 11/03/2023 Strike Price $120.75		140		10,634,750		16,625
British Pound Future, Expires 11/03/2023 Strike Price $121.00		380		28,865,750		64,125
British Pound Future, Expires 11/03/2023 Strike Price $121.25		227		17,243,488		51,075
British Pound Future, Expires 11/03/2023 Strike Price $121.50		209		15,876,163		61,394
British Pound Future, Expires 11/03/2023 Strike Price $121.75		150		11,394,375		56,250
British Pound Future, Expires 12/08/2023 Strike Price $115.00		25		1,899,063		937
Canadian Dollar Future, Expires 11/03/2023 Strike Price $71.00		4		288,680		60
Canadian Dollar Future, Expires 11/03/2023 Strike Price $71.25		10		721,700		200

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

147

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Canadian Dollar Future, Expires 11/03/2023 Strike Price $71.50		51	$	3,680,670	$	2,040
Canadian Dollar Future, Expires 11/03/2023 Strike Price $71.75		46		3,319,820		3,220
Canadian Dollar Future, Expires 11/03/2023 Strike Price $72.00		338		24,393,460		47,320
Canadian Dollar Future, Expires 11/03/2023 Strike Price $72.50		490		35,363,300		200,900
Canadian Dollar Future, Expires 11/03/2023 Strike Price $72.75		75		5,412,750		46,500
Canadian Dollar Future, Expires 11/03/2023 Strike Price $73.00		557		40,198,690		473,450
Canadian Dollar Future, Expires 11/03/2023 Strike Price $73.25		171		12,341,070		186,390
Canadian Dollar Future, Expires 11/03/2023 Strike Price $73.50		199		14,361,830		264,670
Canadian Dollar Future, Expires 12/08/2023 Strike Price $71.00		50		3,608,500		8,500
Canadian Dollar Future, Expires 12/08/2023 Strike Price $71.50		123		8,876,910		35,670
Canadian Dollar Future, Expires 12/08/2023 Strike Price $72.00		222		16,021,740		104,340
Canadian Dollar Future, Expires 12/08/2023 Strike Price $72.50		169		12,196,730		121,680
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,930.00		25		10,484,500		1,063
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,940.00		38		15,936,440		1,710
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,950.00		169		70,875,220		8,028
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,960.00		251		105,264,380		13,178
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,970.00		197		82,617,860		11,328
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,975.00		258		108,200,040		16,125
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,980.00		242		101,489,960		16,335
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $3,990.00		262		109,877,560		19,650
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $4,000.00		275		115,329,500		23,375
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $4,010.00		221		92,682,980		22,100
CBOE S&P 500 Index, Expires 11/03/2023 Strike Price $4,020.00		46		19,291,480		5,405
CME Bitcoin Future, Expires 11/27/2023 Strike Price $21,000.00		100		17,452,500		22,500
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $130.00		113		7,089,338		424
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $132.50		131		8,218,613		491
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $135.00		55		3,450,563		413
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $137.50		26		1,631,175		195
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $140.00		31		1,944,863		349
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $142.50		163		10,226,213		3,056
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $145.00		175		10,979,063		3,937
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $147.50		190		11,920,125		6,412
Coffee ‘C’ Future, Expires 11/10/2023 Strike Price $150.00		150		9,410,625		7,875
Corn Future, Expires 11/24/2023 Strike Price $460.00		378		9,048,375		42,525
Corn Future, Expires 11/24/2023 Strike Price $465.00		375		8,976,563		60,937
Corn Future, Expires 11/24/2023 Strike Price $470.00		1635		39,137,813		388,312
Corn Future, Expires 11/24/2023 Strike Price $475.00		1399		33,488,563		472,162
Corn Future, Expires 11/24/2023 Strike Price $480.00		1111		26,594,563		506,894
Corn Future, Expires 11/24/2023 Strike Price $485.00		49		1,172,938		29,706
Corn Future, Expires 12/22/2023 Strike Price $475.00		9		221,850		2,531
Corn Future, Expires 12/22/2023 Strike Price $480.00		489		12,053,850		177,263
Corn Future, Expires 12/22/2023 Strike Price $485.00		551		13,582,150		251,394
Corn Future, Expires 12/22/2023 Strike Price $490.00		511		12,596,150		290,631
Corn Future, Expires 12/22/2023 Strike Price $495.00		22		542,300		15,262
Cotton Future, Expires 11/10/2023 Strike Price $79.00		34		1,380,740		8,330
Cotton Future, Expires 11/10/2023 Strike Price $80.00		197		8,000,170		75,845
Cotton Future, Expires 11/10/2023 Strike Price $81.00		405		16,447,050		243,000
Cotton Future, Expires 11/10/2023 Strike Price $82.00		597		24,244,170		525,360
Cotton Future, Expires 11/10/2023 Strike Price $83.00		384		15,594,240		468,480
Cotton Future, Expires 11/10/2023 Strike Price $84.00		252		10,233,720		404,460
Cotton Future, Expires 11/10/2023 Strike Price $85.00		89		3,614,290		181,115
Cotton Future, Expires 12/15/2023 Strike Price $82.00		14		584,570		11,270
Cotton Future, Expires 12/15/2023 Strike Price $83.00		46		1,920,730		47,380
Cotton Future, Expires 12/15/2023 Strike Price $84.00		27		1,127,385		34,965
Cotton Future, Expires 12/15/2023 Strike Price $85.00		42		1,753,710		67,200
Crude Oil Future, Expires 11/27/2023 Strike Price $75.00		10		850,200		6,000
Crude Oil Future, Expires 11/27/2023 Strike Price $77.00		5		425,100		4,200
Crude Oil Future, Expires 11/27/2023 Strike Price $77.50		4		340,080		3,680

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

148

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Crude Oil Future, Expires 11/27/2023 Strike Price $77.75		2	$	170,040	$	1,920
Crude Oil Future, Expires 11/27/2023 Strike Price $78.00		3		255,060		3,000
Crude Oil Future, Expires 11/27/2023 Strike Price $78.25		28		2,380,560		29,400
Crude Oil Future, Expires 11/27/2023 Strike Price $78.50		70		5,951,400		77,000
Crude Oil Future, Expires 11/27/2023 Strike Price $78.75		49		4,165,980		56,350
Crude Oil Future, Expires 11/27/2023 Strike Price $79.00		28		2,380,560		33,600
Crude Oil Future, Expires 11/27/2023 Strike Price $79.25		66		5,611,320		83,160
Crude Oil Future, Expires 11/27/2023 Strike Price $79.50		62		5,271,240		81,220
Crude Oil Future, Expires 11/27/2023 Strike Price $79.75		67		5,696,340		91,790
Crude Oil Future, Expires 11/27/2023 Strike Price $80.00		45		3,825,900		64,800
Crude Oil Future, Expires 11/27/2023 Strike Price $80.25		25		2,125,500		37,750
Euro FX Future, Expires 11/03/2023 Strike Price $1.0300		25		3,312,500		156
Euro FX Future, Expires 11/03/2023 Strike Price $1.0350		56		7,420,000		350
Euro FX Future, Expires 11/03/2023 Strike Price $1.0400		160		21,200,000		2,000
Euro FX Future, Expires 11/03/2023 Strike Price $1.0425		12		1,590,000		300
Euro FX Future, Expires 11/03/2023 Strike Price $1.0450		294		38,955,000		11,025
Euro FX Future, Expires 11/03/2023 Strike Price $1.0475		28		3,710,000		1,575
Euro FX Future, Expires 11/03/2023 Strike Price $1.0500		125		16,562,500		10,938
Euro FX Future, Expires 11/03/2023 Strike Price $1.0525		18		2,385,000		2,475
Euro FX Future, Expires 11/03/2023 Strike Price $1.0550		49		6,492,500		10,412
Euro FX Future, Expires 11/03/2023 Strike Price $1.0600		88		11,660,000		39,600
Euro FX Future, Expires 11/03/2023 Strike Price $1.0650		122		16,165,000		100,650
Euro FX Future, Expires 11/03/2023 Strike Price $1.0700		175		23,187,500		229,688
Euro FX Future, Expires 12/08/2023 Strike Price $1.0300		19		2,517,500		3,562
Euro FX Future, Expires 12/08/2023 Strike Price $1.0350		106		14,045,000		27,825
Euro FX Future, Expires 12/08/2023 Strike Price $1.0400		28		3,710,000		10,150
Euro FX Future, Expires 12/08/2023 Strike Price $1.0450		3		397,500		1,500
Gold Future, Expires 11/27/2023 Strike Price $1,865.00		1		199,430		130
Gold Future, Expires 11/27/2023 Strike Price $1,875.00		5		997,150		850
Gold Future, Expires 11/27/2023 Strike Price $1,895.00		37		7,378,910		10,360
Gold Future, Expires 11/27/2023 Strike Price $1,900.00		28		5,584,040		8,960
Gold Future, Expires 11/27/2023 Strike Price $1,905.00		59		11,766,370		21,240
Gold Future, Expires 11/27/2023 Strike Price $1,910.00		96		19,145,280		39,360
Gold Future, Expires 11/27/2023 Strike Price $1,915.00		84		16,752,120		39,480
Gold Future, Expires 11/27/2023 Strike Price $1,920.00		29		5,783,470		15,660
Gold Future, Expires 11/27/2023 Strike Price $1,935.00		1		199,430		810
HG Copper Future, Expires 11/27/2023 Strike Price $335.00		1		91,225		137
HG Copper Future, Expires 11/27/2023 Strike Price $337.00		12		1,094,700		1,950
HG Copper Future, Expires 11/27/2023 Strike Price $338.00		5		456,125		875
HG Copper Future, Expires 11/27/2023 Strike Price $339.00		33		3,010,425		6,187
HG Copper Future, Expires 11/27/2023 Strike Price $340.00		36		3,284,100		7,650
HG Copper Future, Expires 11/27/2023 Strike Price $341.00		37		3,375,325		8,787
HG Copper Future, Expires 11/27/2023 Strike Price $342.00		33		3,010,425		8,250
HG Copper Future, Expires 11/27/2023 Strike Price $343.00		47		4,287,575		12,925
HG Copper Future, Expires 11/27/2023 Strike Price $344.00		84		7,662,900		26,250
HG Copper Future, Expires 11/27/2023 Strike Price $345.00		100		9,122,500		33,750
HG Copper Future, Expires 11/27/2023 Strike Price $346.00		114		10,399,650		42,750
HG Copper Future, Expires 11/27/2023 Strike Price $347.00		34		3,101,650		14,025
HG Copper Future, Expires 11/27/2023 Strike Price $348.00		33		3,010,425		14,850
HG Copper Future, Expires 11/27/2023 Strike Price $349.00		47		4,287,575		22,913
HG Copper Future, Expires 11/27/2023 Strike Price $350.00		60		5,473,500		32,250
HG Copper Future, Expires 11/27/2023 Strike Price $351.00		21		1,915,725		12,338
HG Copper Future, Expires 11/27/2023 Strike Price $353.00		1		91,225		700
Japanese Yen Future, Expires 11/03/2023 Strike Price $66.00		25		2,077,188		5,625
Japanese Yen Future, Expires 11/03/2023 Strike Price $66.50		96		7,976,400		44,400
Japanese Yen Future, Expires 11/03/2023 Strike Price $66.75		36		2,991,150		23,400
Japanese Yen Future, Expires 11/03/2023 Strike Price $67.00		317		26,338,738		277,375
Japanese Yen Future, Expires 11/03/2023 Strike Price $67.25		53		4,403,638		59,625

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

149

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Japanese Yen Future, Expires 11/03/2023 Strike Price $67.50		218	$	18,113,075	$	305,200
Japanese Yen Future, Expires 11/03/2023 Strike Price $68.00		249		20,688,788		491,775
Japanese Yen Future, Expires 12/08/2023 Strike Price $65.50		27		2,243,363		13,500
Japanese Yen Future, Expires 12/08/2023 Strike Price $66.00		162		13,460,175		115,425
Japanese Yen Future, Expires 12/08/2023 Strike Price $66.50		252		20,938,050		252,000
Japanese Yen Future, Expires 12/08/2023 Strike Price $67.00		202		16,783,675		275,225
Lean Hogs Future, Expires 12/18/2023 Strike Price $59.00		25		717,300		1,250
Lean Hogs Future, Expires 12/18/2023 Strike Price $60.00		75		2,151,900		4,500
Lean Hogs Future, Expires 12/18/2023 Strike Price $61.00		63		1,807,596		5,040
Lean Hogs Future, Expires 12/18/2023 Strike Price $62.00		211		6,054,012		21,100
Lean Hogs Future, Expires 12/18/2023 Strike Price $63.00		223		6,398,316		28,990
Lean Hogs Future, Expires 12/18/2023 Strike Price $64.00		182		5,221,944		29,120
Lean Hogs Future, Expires 12/18/2023 Strike Price $65.00		248		7,115,616		49,600
Lean Hogs Future, Expires 12/18/2023 Strike Price $66.00		50		1,434,600		13,000
Lean Hogs Future, Expires 12/18/2023 Strike Price $67.00		19		545,148		6,080
Live Cattle Future, Expires 11/03/2023 Strike Price $175.00		25		1,835,500		250
Live Cattle Future, Expires 11/03/2023 Strike Price $176.00		45		3,303,900		900
Live Cattle Future, Expires 11/03/2023 Strike Price $177.00		25		1,835,500		750
Live Cattle Future, Expires 11/03/2023 Strike Price $180.00		50		3,671,000		4,000
Live Cattle Future, Expires 11/03/2023 Strike Price $181.00		73		5,359,660		8,030
Live Cattle Future, Expires 11/03/2023 Strike Price $182.00		125		9,177,500		22,500
Live Cattle Future, Expires 11/03/2023 Strike Price $183.00		175		12,848,500		52,500
Live Cattle Future, Expires 11/03/2023 Strike Price $184.00		50		3,671,000		24,000
Live Cattle Future, Expires 12/01/2023 Strike Price $170.00		25		1,835,500		1,750
Live Cattle Future, Expires 12/01/2023 Strike Price $174.00		25		1,835,500		3,250
Live Cattle Future, Expires 12/01/2023 Strike Price $175.00		35		2,569,700		5,600
Live Cattle Future, Expires 12/01/2023 Strike Price $176.00		46		3,377,320		9,200
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,325.00		13		18,732,714		2,503
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,350.00		20		28,819,560		3,450
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,375.00		32		46,111,296		5,840
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,400.00		43		61,962,054		8,277
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,425.00		43		61,962,054		8,922
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,450.00		36		51,875,208		8,010
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,475.00		18		25,937,604		4,320
NASDAQ 100 Stock Index, Expires 11/03/2023 Strike Price $13,500.00		5		7,204,890		1,288
Natural Gas Future, Expires 11/27/2023 Strike Price $2.65		125		4,475,000		12,500
Natural Gas Future, Expires 11/27/2023 Strike Price $2.70		101		3,615,800		12,726
Natural Gas Future, Expires 11/27/2023 Strike Price $2.75		50		1,790,000		7,950
Natural Gas Future, Expires 11/27/2023 Strike Price $2.80		50		1,790,000		9,900
Natural Gas Future, Expires 11/27/2023 Strike Price $2.85		23		823,400		5,658
Natural Gas Future, Expires 11/27/2023 Strike Price $2.90		94		3,365,200		28,482
Natural Gas Future, Expires 11/27/2023 Strike Price $2.95		58		2,076,400		21,460
Natural Gas Future, Expires 11/27/2023 Strike Price $3.00		135		4,833,000		60,480
Natural Gas Future, Expires 11/27/2023 Strike Price $3.05		94		3,365,200		50,760
Natural Gas Future, Expires 11/27/2023 Strike Price $3.10		107		3,830,600		69,015
Natural Gas Future, Expires 12/26/2023 Strike Price $2.90		200		7,620,000		119,000
Natural Gas Future, Expires 12/26/2023 Strike Price $2.95		200		7,620,000		135,800
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,530.00		7		1,163,596		192
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,545.00		32		5,319,296		1,200
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,550.00		33		5,485,524		1,320
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,555.00		94		15,625,432		4,230
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,560.00		64		10,638,592		3,200
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,565.00		56		9,308,768		3,360
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,570.00		67		11,137,276		4,355
Russell 2000 Index, Expires 11/03/2023 Strike Price $1,575.00		80		13,298,240		6,200
Silver Future, Expires 11/27/2023 Strike Price $20.00		5		573,750		775
Silver Future, Expires 11/27/2023 Strike Price $20.25		7		803,250		1,400
Silver Future, Expires 11/27/2023 Strike Price $20.35		1		114,750		220

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

150

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Silver Future, Expires 11/27/2023 Strike Price $20.40		4	$	459,000	$	920
Silver Future, Expires 11/27/2023 Strike Price $20.45		7		803,250		1,715
Silver Future, Expires 11/27/2023 Strike Price $20.50		9		1,032,750		2,295
Silver Future, Expires 11/27/2023 Strike Price $20.55		7		803,250		1,890
Silver Future, Expires 11/27/2023 Strike Price $20.60		7		803,250		1,995
Silver Future, Expires 11/27/2023 Strike Price $20.65		13		1,491,750		3,900
Silver Future, Expires 11/27/2023 Strike Price $20.70		22		2,524,500		7,040
Silver Future, Expires 11/27/2023 Strike Price $20.75		36		4,131,000		12,060
Silver Future, Expires 11/27/2023 Strike Price $20.80		33		3,786,750		11,715
Silver Future, Expires 11/27/2023 Strike Price $20.85		34		3,901,500		12,750
Silver Future, Expires 11/27/2023 Strike Price $20.90		62		7,114,500		24,490
Silver Future, Expires 11/27/2023 Strike Price $20.95		55		6,311,250		22,825
Silver Future, Expires 11/27/2023 Strike Price $21.00		33		3,786,750		14,520
Soybean Future, Expires 11/24/2023 Strike Price $1,230.00		43		2,817,575		3,494
Soybean Future, Expires 11/24/2023 Strike Price $1,240.00		200		13,105,000		21,250
Soybean Future, Expires 11/24/2023 Strike Price $1,250.00		319		20,902,475		47,850
Soybean Future, Expires 11/24/2023 Strike Price $1,260.00		389		25,489,225		80,231
Soybean Future, Expires 11/24/2023 Strike Price $1,270.00		426		27,913,650		125,137
Soybean Future, Expires 11/24/2023 Strike Price $1,280.00		452		29,617,300		183,625
Soybean Future, Expires 11/24/2023 Strike Price $1,290.00		418		27,389,450		235,125
Soybean Future, Expires 11/24/2023 Strike Price $1,300.00		331		21,688,775		248,250
Soybean Future, Expires 11/24/2023 Strike Price $1,310.00		190		12,449,750		186,438
Soybean Future, Expires 11/24/2023 Strike Price $1,320.00		8		524,200		8,246
Soybean Future, Expires 12/22/2023 Strike Price $1,200.00		5		327,625		688
Soybean Future, Expires 12/22/2023 Strike Price $1,210.00		3		196,575		460
Soybean Future, Expires 12/22/2023 Strike Price $1,220.00		4		262,100		739
Soybean Meal Future, Expires 11/24/2023 Strike Price $340.00		4		172,400		60
Soybean Meal Future, Expires 11/24/2023 Strike Price $345.00		62		2,672,200		930
Soybean Meal Future, Expires 11/24/2023 Strike Price $350.00		56		2,413,600		1,120
Soybean Meal Future, Expires 11/24/2023 Strike Price $355.00		64		2,758,400		1,280
Soybean Meal Future, Expires 11/24/2023 Strike Price $360.00		11		474,100		275
Soybean Meal Future, Expires 11/24/2023 Strike Price $365.00		41		1,767,100		1,230
Soybean Meal Future, Expires 11/24/2023 Strike Price $370.00		11		474,100		440
Soybean Meal Future, Expires 11/24/2023 Strike Price $375.00		7		301,700		350
Soybean Meal Future, Expires 11/24/2023 Strike Price $385.00		2		86,200		160
Soybean Meal Future, Expires 11/24/2023 Strike Price $390.00		20		862,000		2,100
Soybean Meal Future, Expires 11/24/2023 Strike Price $395.00		13		560,300		1,885
Soybean Meal Future, Expires 11/24/2023 Strike Price $400.00		17		732,700		3,315
Soybean Meal Future, Expires 11/24/2023 Strike Price $405.00		36		1,551,600		9,720
Soybean Meal Future, Expires 11/24/2023 Strike Price $410.00		24		1,034,400		8,880
Soybean Meal Future, Expires 11/24/2023 Strike Price $415.00		20		862,000		10,100
Soybean Meal Future, Expires 11/24/2023 Strike Price $420.00		17		732,700		11,475
Soybean Meal Future, Expires 11/24/2023 Strike Price $425.00		38		1,637,800		33,440
Sugar Future, Expires 11/15/2023 Strike Price $24.00		8		242,726		179
Sugar Future, Expires 11/15/2023 Strike Price $24.50		94		2,852,035		3,158
Sugar Future, Expires 11/15/2023 Strike Price $24.75		125		3,792,600		4,200
Sugar Future, Expires 11/15/2023 Strike Price $25.00		200		6,068,160		8,960
Sugar Future, Expires 11/15/2023 Strike Price $25.25		294		8,920,195		19,757
Sugar Future, Expires 11/15/2023 Strike Price $25.50		226		6,857,021		22,781
Sugar Future, Expires 11/15/2023 Strike Price $25.75		361		10,953,029		48,518
Sugar Future, Expires 11/15/2023 Strike Price $26.00		300		9,102,240		57,120
Sugar Future, Expires 11/15/2023 Strike Price $26.25		178		5,400,662		45,853
Sugar Future, Expires 11/15/2023 Strike Price $26.50		75		2,275,560		26,040
Sugar Future, Expires 11/15/2023 Strike Price $26.75		75		2,275,560		34,440
Sugar Future, Expires 11/15/2023 Strike Price $27.00		50		1,517,040		29,120
Sugar Future, Expires 12/15/2023 Strike Price $23.75		25		758,520		1,960
Wheat Future, Expires 11/24/2023 Strike Price $540.00		12		333,750		4,528
Wheat Future, Expires 11/24/2023 Strike Price $545.00		11		305,938		4,975

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

151

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL AMOUNT		FAIR VALUE
Wheat Future, Expires 11/24/2023 Strike Price $550.00		44	$	1,223,750	$	28,050
Wheat Future, Expires 11/24/2023 Strike Price $555.00		263		7,314,688		202,181
Wheat Future, Expires 11/24/2023 Strike Price $560.00		386		10,735,625		349,813
Wheat Future, Expires 11/24/2023 Strike Price $565.00		202		5,618,125		214,625
Wheat Future, Expires 11/24/2023 Strike Price $570.00		193		5,367,813		236,425
Wheat Future, Expires 11/24/2023 Strike Price $575.00		132		3,671,250		184,800
Wheat Future, Expires 11/24/2023 Strike Price $580.00		39		1,084,688		61,913
Wheat Future, Expires 12/22/2023 Strike Price $565.00		7		204,838		4,681
Wheat Future, Expires 12/22/2023 Strike Price $570.00		24		702,300		18,600
Wheat Future, Expires 12/22/2023 Strike Price $575.00		87		2,545,838		77,213
TOTAL PUT OPTIONS (Premiums Received $16,149,711)						13,714,393
TOTAL WRITTEN OPTIONS (Premiums Received $29,032,288)					$	23,996,649

Open Futures Contracts

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL VALUE			VALUE/ UNREALIZED APPRECIATION (DEPRECIATION)
FUTURES CONTRACTS SOLD
Australian Dollar, December 2023 Settlement		50	$	(3,176,000	)	$	(14,008	)
Brent Crude Future, January 2024 Settlement		40		(3,400,800	)		80,595
Brent Crude Future, April 2024 Settlement		22		(1,835,020	)		(2,666	)
British Pound, December 2023 Settlement		28		(2,126,950	)		(6,064	)
Canadian Dollar, December 2023 Settlement		1,250		(90,206,250	)		406,063
Coffee ‘C’, March 2024 Settlement		69		(4,266,788	)		(396,839	)
Copper, December 2023 Settlement		7		(638,575	)		(16,684	)
Copper, March 2024 Settlement		147		(13,546,050	)		(150,614	)
Corn Future, December 2023 Settlement		454		(10,867,625	)		28,684
Corn Future, March 2024 Settlement		152		(3,746,800	)		35,064
Cotton No. 2, December 2023 Settlement		49		(1,989,890	)		(157	)
DAX Index, December 2023 Settlement		13		(5,110,439	)		202,972
E-Mini Nasdaq 100, December 2023 Settlement		25		(7,245,125	)		(69,833	)
E-Mini Russ 2000, December 2023 Settlement		45		(3,753,900	)		6,464
E-Mini S&P 500 Index, December 2023 Settlement		91		(19,165,738	)		(195,822	)
FTSE 100 Index Futures , December 2023 Settlement		131		(11,667,939	)		414,893
FTSE China A50 Index Futures, November 2023 Settlement		1,917		(22,998,249	)		(256,405	)
FTSE MIB Index Futures , December 2023 Settlement		2		(292,808	)		4,197
FTSE Taiwan Index Futures , November 2023 Settlement		424		(23,341,200	)		263,163
Gold 100 Oz. Futures, April 2024 Settlement		81		(16,476,210	)		(1,010,758	)
IBEX 35 Index, November 2023 Settlement		4		(382,080	)		8,933
Japanese Yen Futures , December 2023 Settlement		685		(56,910,656	)		324,370
KC HRW Wheat, March 2024 Settlement		115		(3,687,188	)		343,208
Lean Hogs Futures, April 2024 Settlement		39		(1,251,120	)		35,898
Live Cattle Futures, December 2023 Settlement		115		(8,443,300	)		(223,290	)
Live Cattle Futures, April 2024 Settlement		137		(10,229,790	)		349,777
Low Sulphur Gas Oil Futures, April 2024 Settlement		19		(1,539,950	)		(23,756	)
Natural Gas Futures, December 2023 Settlement		25		(893,750	)		(41,657	)
NY Harbor ULSD Futures, April 2024 Settlement		14		(1,593,068	)		(9,948	)
OMXS30 Futures , November 2023 Settlement		618		(11,506,063	)		452,657
RBOB Gasoline Futures, April 2024 Settlement		16		(1,628,726	)		(14,552	)
Silver Futures, December 2023 Settlement		10		(1,147,600	)		(93,753	)
Silver Futures, March 2024 Settlement		36		(4,192,560	)		(185,479	)
Soybean Futures, January 2024 Settlement		125		(8,190,625	)		59,016

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

152

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

DESCRIPTION	NUMBER OF CONTRACTS		NOTIONAL VALUE			VALUE/ UNREALIZED APPRECIATION (DEPRECIATION)
Soybean Meal Futures, December 2023 Settlement		51	$	(2,198,100	)	$	(302,189	)
Soybean Oil Futures, March 2024 Settlement		49		(1,483,524	)		69,291
Sugar No. 11 Futures, March 2024 Settlement		35		(1,061,928	)		(3,551	)
Swiss Market Index, December 2023 Settlement		3		(342,692	)		21,037
Wheat Futures, December 2023 Settlement		180		(5,006,250	)		2,171
Wheat Futures, March 2024 Settlement		43		(1,258,287	)		39,806
Yen Demon Nikkei, December 2023 Settlement		2		(206,861	)		2,403
TOTAL FUTURES CONTRACTS SOLD			$	(369,006,474	)	$	132,637
FUTURES CONTRACTS PURCHASED
Aluminum Future, February 2024 Settlement		1	$	56,625		$	190
CAC40 Index, November 2023 Settlement		162		11,822,303			(248,726	)
CBOE VIX, November 2023 Settlement		150		2,719,020			(191,575	)
Cocoa, December 2023 Settlement		1,459		55,690,030			1,321,633
Cocoa, March 2024 Settlement		360		13,849,200			241,147
Coffee ‘C’, December 2023 Settlement		554		34,756,575			382,761
Cotton No. 2, March 2024 Settlement		239		9,979,445			(527,583	)
Euro Stoxx 50, December 2023 Settlement		275		11,842,787			(323,381	)
FTSE/JSE Top 40 Index Futures , December 2023 Settlement		9		311,068			(23,606	)
Globex Natural Gas, November 2023 Settlement	75		2,681,250			39,584
Gold 100 Oz. Futures, December 2023 Settlement		60		11,965,800			(135,469	)
Hang Seng Index Futures , November 2023 Settlement		3		328,628			220
Lean Hogs Futures, December 2023 Settlement		167		4,791,230			61,746
Natural Gas Futures, April 2024 Settlement		11		357,060			945
S&P/TSX 60 Index Futures , December 2023 Settlement		140		22,916,892			(741,650	)
Soybean Futures, March 2024 Settlement		111		7,352,363			(36,718	)
Soybean Meal Futures, March 2024 Settlement		200		8,136,000			187,630
Soybean Oil Futures, December 2023 Settlement		34		1,048,968			(140,972	)
SPI 200TM Index Futures , December 2023 Settlement		48		5,163,345			(210,842	)
Sugar No. 11 Futures, May 2024 Settlement		45		1,296,288			(129	)
WTI Crude Futures, December 2023 Settlement		162		13,125,240			(194,052	)
WTI Crude Futures, April 2024 Settlement		17		1,341,810			(11,779	)
TOTAL FUTURES CONTRACTS PURCHASED			$	221,531,927		$	(550,626	)

Open Forward Currency Contracts

COUNTERPARTY

FORWARD SETTLEMENT DATE

CURRENCY TO BE RECEIVED

AMOUNT OF CURRENCY TO BE RECEIVED IN LOCAL CURRENCY

CURRENCY TO BE DELIVERED

AMOUNT OF CURRENCY TO BE DELIVERED IN LOCAL CURRENCY

UNREALIZED APPRECIATION (DEPRECIATION)

Morgan Stanley Capital Services LLC

1/3/2024

Brazilian Real

6,485,616

United States Dollar

1,266,153

$

10,664

Morgan Stanley Capital Services LLC

1/2/2024

Colombian Peso

129,838,700,820

United States Dollar

30,665,730

429,152

Morgan Stanley Capital Services LLC

1/3/2024

Euro

28,551,063

United States Dollar

30,122,376

183,594

Morgan Stanley Capital Services LLC

1/3/2024

Hungarian Forint

473,505,635

United States Dollar

1,266,153

31,918

Morgan Stanley Capital Services LLC

12/29/2023

Indian Rupee

2,456,305,259

United States Dollar

29,399,577

53,054

Morgan Stanley Capital Services LLC

1/3/2024

Indonesian Rupiah

263,625,870,793

United States Dollar

16,908,974

(321,324

)

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

153

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

COUNTERPARTY	FORWARD SETTLEMENT DATE		CURRENCY TO BE RECEIVED	AMOUNT OF CURRENCY TO BE RECEIVED IN LOCAL CURRENCY		CURRENCY TO BE DELIVERED		AMOUNT OF CURRENCY TO BE DELIVERED IN LOCAL CURRENCY		UNREALIZED APPRECIATION (DEPRECIATION)
Morgan Stanley Capital Services LLC		1/4/2024	Japanese Yen		4,513,465,430		United States Dollar		30,597,329	$	(479,292	)
Morgan Stanley Capital Services LLC		1/3/2024	New Zealand Dollar		3,518,422		United States Dollar		2,096,837		(46,537	)
Morgan Stanley Capital Services LLC		1/3/2024	South African Rand		592,740,637		United States Dollar		30,665,730		957,274
Morgan Stanley Capital Services LLC		1/3/2024	Swedish Krona		406,519,596		United States Dollar		37,089,181		(546,471	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		38,963,921		Australian Dollar		60,911,573		239,512
Morgan Stanley Capital Services LLC		1/2/2024	United States Dollar		37,089,181		Canadian Dollar		50,612,991		547,621
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		36,230,546		Czech Koruna		844,896,507		(118,799	)
Morgan Stanley Capital Services LLC		12/29/2023	United States Dollar		30,665,730		Israeli New Shekel		117,772,619		1,419,548
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		28,133,424		Mexican Peso		501,113,167		638,227
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		12,414,632		Peruvian Sol		47,467,345		90,253
Morgan Stanley Capital Services LLC		1/2/2024	United States Dollar		1,266,153		Philippine Peso		72,083,356		(4,329	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		6,057,973		Polish Zloty		26,718,657		(270,067	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		4,928,860		Pound Sterling		4,059,775		(8,373	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		1,266,153		Singapore Dollar		1,732,270		(2,726	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		30,665,730		South Korean Won		41,297,924,498		(29,690	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		49,947,855		Swiss Franc		45,402,266		(344,772	)
Morgan Stanley Capital Services LLC		1/3/2024	United States Dollar		15,408,170		Taiwan Dollar		495,203,176		16,921
										$	2,445,358

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

154

Consolidated Schedule of Investments as of October 31, 2023

STONE RIDGE DIVERSIFIED ALTERNATIVES FUND

Total Return Swap Contracts

COUNTERPARTY	PAYMENTS RECEIVED (PAID) BY FUND	TOTAL RETURN RECEIVED BY OR PAID BY FUND	TERMINATION DATE		PAYMENT FREQUENCY		NOTIONAL VALUE			VALUE			UPFRONT PREMIUM RECEIVED		UNREALIZED APPRECIATION
Morgan Stanley Capital Services LLC	(0.05)%	AMSTERDAM IDX FUT Nov23 - Long		Nov 17 2023		At Maturity		11,640,148	(1)	$	(321,457	)	$	—	$	(321,457	)
Morgan Stanley Capital Services LLC	(0.05)%	KOSPI2 INX FUT Dec23 - Short		Dec 14 2023		At Maturity		16,083,716,641	(2)		482,723			—		482,723
TOTAL RETURN SWAP CONTRACTS															$	161,266

(1) Euro.

(2) South Korean Won.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

155

Statement of Assets and Liabilities As of October 31, 2023

	STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND
ASSETS:
Investments, at fair value(1)	$	2,296,745,644
Interest receivable		21,704,688
Receivable for fund shares sold		7,512,741
Foreign currencies at custodian, at fair value(2)		522,518
Other assets		228,610
Total assets		2,326,714,201
LIABILITIES:
Reverse repurchase agreements		5,000,001
Payable for fund shares redeemed		2,148,583
Payable to Adviser		2,777,430
Payable for Chief Compliance Officer compensation		4,716
Payable to Trustees		78,614
Payable to Custodian		42,078
Accrued distribution fees		13,068
Interest payable		1,864
Other accrued expenses		818,819
Total liabilities		10,885,173
Total net assets	$	2,315,829,028
NET ASSETS CONSIST OF:
Capital stock	$	2,377,499,822
Total distributable losses		(61,670,794	)
Total net assets	$	2,315,829,028
Class I
Net assets	$	2,213,274,699
Shares outstanding		240,822,620
Class I Net asset value, offering and redemption price per share	$	9.19
Class M
Net assets	$	102,554,329
Shares outstanding		11,147,401
Class M Net asset value, offering and redemption price per share	$	9.20
(1)  Cost of Investments	$	2,287,756,138
(2)  Cost of Foreign currencies at custodian		522,081

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

156

Consolidated Statement of Assets and Liabilities As of October 31, 2023

	STONE RIDGE DIVERSIFIED ALTERNATIVES FUND
ASSETS:
Investments, at fair value(1):
Unaffiliated issuers	$	1,055,263,226
Affiliated issuers		6,614,922
Unrealized appreciation on forward currency contracts		4,617,738
Unrealized appreciation on swap contracts		482,723
Cash held at broker		2,750,899
Restricted cash collateral held at broker(5)		1,607,490
Foreign currencies at broker, at value(2)		21,801
Foreign currencies at custodian, at value(3)		734,293
Receivable for investment securities sold		761,830
Receivable for fund shares sold		7,192,836
Interest receivable		4,285,694
Other assets		756,990
Total assets		1,085,090,442
LIABILITIES:
Written options, at fair value(4)		23,996,649
Unrealized depreciation on forward currency contracts		2,172,380
Unrealized depreciation on swap contracts		321,457
Interest payable		36,035
Payable for investment securities purchased		4,758,203
Payable for fund shares redeemed		1,297,739
Payable to Adviser		1,204,626
Payable to Trustees		33,295
Payable for Chief Compliance Officer compensation		6,304
Other accrued expenses		686,046
Total liabilities		34,512,734
Total net assets	$	1,050,577,708
NET ASSETS CONSIST OF:
Capital stock	$	1,051,552,160
Total distributable losses		(974,452	)
Total net assets	$	1,050,577,708
Class I
Net assets	$	1,005,021,307
Shares outstanding		81,669,703
Class I Net asset value, offering and redemption price per share	$	12.31
Class J
Net assets	$	45,556,401
Shares outstanding		3,725,093
Class J Net asset value, offering and redemption price per share	$	12.23
(1)  Cost of Investments
Unaffiliated issuers	$	1,046,157,978
Affiliated issuers (See Note 9)		6,365,171
(2)  Cost of foreign currencies at broker		12,724
(3)  Cost of foreign currencies at custodian		735,629
(4)  Premiums received		29,032,288
(5)  Represents a cash deposit held at the broker to cover the Fund’s initial margin obligation under its derivative contracts.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

157

Statement of Operations For the Year Ended October 31, 2023

	STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND
INVESTMENT INCOME:
Interest income	$	199,061,023
Dividend income		2,884,404
Other income		3,797
Total investment income		201,949,224
EXPENSES
Advisory fees (See Note 4)		27,958,134
Fund accounting and administration fees		1,532,346
Interest expense		803,832
Transfer agency fees and expenses		561,836
Legal fees		348,290
Trustees fees and expenses		276,167
Audit and tax related fees		208,485
Federal and state registration fees		164,036
Custody fees		112,925
Chief Compliance Officer compensation		59,720
Distribution (12b-1) fees — Class M Only		50,434
Other expenses		713,594
Total expenses before Adviser waiver		32,789,799
Expenses waived by Adviser (See Note 4)		(104,450	)
Net expenses before Adviser recoupment		32,685,349
Expenses recouped by Adviser (See Note 4)		208,570
Total net expenses		32,893,919
Net investment income		169,055,305
NET REALIZED AND UNREALIZED GAIN (LOSS):
Net realized gain (loss) on:
Investments		(18,670,132	)
Foreign currency		82,671
Increase in payment from affiliates		1,604
Net change in unrealized appreciation (depreciation) on:
Investments		235,070,181
Foreign currency		(925	)
Net realized and unrealized gain		216,483,399
Net increase in net assets resulting from operations	$	385,538,704

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

158

Consolidated Statement of Operations For the Year Ended October 31, 2023

	STONE RIDGE DIVERSIFIED ALTERNATIVES FUND
INVESTMENT INCOME:
Interest income	$	45,732,544
Dividend income
Affiliated issuers		9,549,074
Total investment income		55,281,618
EXPENSES
Advisory fees (See Note 4)		8,175,875
Fund accounting and administration fees		1,059,181
Compliance fees		786,630
Loan servicing fees		530,592
Interest expense		439,428
Audit and tax related fees		346,496
Investment expense		210,846
Transfer agency fees and expenses		203,451
Custody fees		162,718
Legal fees		140,334
Federal and state registration fees		99,170
Trustees fees and expenses		85,911
Chief Compliance Officer compensation		61,377
Other expenses		205,490
Total expenses before Adviser waiver		12,507,499
Expenses waived by Adviser (See Note 4)		(592,721	)
Total net expenses		11,914,778
Net investment income		43,366,840
NET REALIZED AND UNREALIZED GAIN (LOSS):
Net realized gain (loss) on:
Investments:
Unaffiliated issuers		(13,123,440	)
Affiliated issuers		(6,421,291	)
Foreign currencies		(63,537	)
Forward currency contracts		165,027
Futures contracts		(151,176,793	)
Increase in payments from affliates		440
Swap contracts		5,796,758
Written options		230,905,010
Net change in unrealized appreciation (depreciation) on:
Investments
Unaffiliated issuers		14,968,336
Affiliated issuers		20,521,614
Foreign currencies		10,084
Forward currency contracts		5,788,075
Futures contracts		680,089
Swap contracts		(1,143,905	)
Written options		2,664,476
Net realized and unrealized gain		109,570,943
Net increase in net assets resulting from operations	$	152,937,783

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

159

Statement of Changes in Net Assets

	STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND
	YEAR ENDED OCTOBER 31, 2023			YEAR ENDED OCTOBER 31, 2022
OPERATIONS:
Net investment income	$	169,055,305		$	78,909,973
Net realized gain (loss) on:
Investments		(18,670,132	)		(1,640,624	)
Foreign currency		82,671			47,771
Net Increases in payments from affiliates		1,604			—
Net change in unrealized appreciation (depreciation) on:
Investments		235,070,181			(185,864,386	)
Foreign currency		(925	)		282
Net increase (decrease) in net assets resulting from operations		385,538,704			(108,546,984	)
DISTRIBUTIONS TO SHAREHOLDERS:
Net dividends and distributions — Class I		(142,182,748	)		(58,381,239	)
Net dividends and distributions — Class M		(7,675,151	)		(5,757,653	)
Total distributions		(149,857,899	)		(64,138,892	)
CAPITAL SHARE TRANSACTIONS:
Proceeds from shares sold — Class I		1,264,872,581			707,338,784
Proceeds from shares sold — Class M		36,394,507			41,909,155
Proceeds from shares issued to holders in reinvestment of dividends — Class I		78,916,380			33,798,186
Proceeds from shares issued to holders in reinvestment of dividends — Class M		6,620,250			5,135,495
Cost of shares redeemed — Class I		(774,042,182	)		(431,211,750	)
Cost of shares redeemed — Class M		(79,970,694	)		(54,302,547	)
Net increase in net assets from capital share transactions		532,790,842			302,667,323
Total increase in net assets		768,471,647			129,981,447
NET ASSETS:
Beginning of year		1,547,357,381			1,417,375,934
End of year	$	2,315,829,028		$	1,547,357,381

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

160

Consolidated Statement of Changes in Net Assets

	STONE RIDGE DIVERSIFIED ALTERNATIVES FUND
	YEAR ENDED OCTOBER 31, 2023			YEAR ENDED OCTOBER 31, 2022
OPERATIONS:
Net investment income	$	43,366,840		$	9,498,392
Net realized gain (loss) on investments:
Unaffiliated issuers		(13,123,440	)		(15,093,239	)
Affiliated issuers		(6,421,291	)		(1,368,117	)
Foreign currencies		(63,537	)		(392,250	)
Forward currency contracts		165,027			(3,383,022	)
Futures contracts		(151,176,793	)		(89,871,537	)
Increase in payments from affliates		440			—
Swap contracts		5,796,758			—
Written options		230,905,010			116,601,555
Net change in unrealized appreciation (depreciation) on:
Investments
Unaffiliated issuers		14,968,336			(6,192,642	)
Affiliated issuers		20,521,614			(19,080,795	)
Foreign currencies		10,084			(24,586	)
Forward currency contracts		5,788,075			(2,898,214	)
Futures contracts		680,089			450,272
Swap contracts		(1,143,905	)		1,305,171
Written options		2,664,476			(19,554	)
Net increase (decrease) in net assets resulting from operations		152,937,783			(10,468,566	)
DISTRIBUTIONS TO SHAREHOLDERS:
Net dividends and distributions — Class I		(13,506,346	)		(17,304,688	)
Net dividends and distributions — Class J		(917,052	)		(1,004,997	)
Total distributions		(14,423,398	)		(18,309,685	)
CAPITAL SHARE TRANSACTIONS:
Proceeds from shares sold — Class I		537,152,603			318,463,934
Proceeds from shares sold — Class J		12,420,962			24,097,722
Proceeds from shares issued to holders in reinvestment of dividends — Class I		12,016,367			15,065,424
Proceeds from shares issued to holders in reinvestment of dividends — Class J		901,589			971,555
Cost of shares redeemed — Class I		(95,298,247	)		(88,088,949	)
Cost of shares redeemed — Class J		(6,723,118	)		(4,687,421	)
Net increase in net assets from capital share transactions		460,470,156			265,822,265
Total increase in net assets		598,984,541			237,044,014
NET ASSETS:
Beginning of year		451,593,167			214,549,153
End of year	$	1,050,577,708		$	451,593,167

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

161

Statement of Cash Flows Year Ended October 31, 2023

	STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND
CASH FLOWS FROM OPERATING ACTIVITIES
Net increase in net assets resulting from operations	$	385,538,704
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:
Net realized and unrealized gain on investments		(216,401,653	)
Amortization and accretion of premium and discount		(6,733,500	)
Changes in assets and liabilities:
Interest receivable		(9,626,331	)
Other assets		(162,448	)
Payable to Custodian		10,320
Payable to Trustees		22,135
Payable for Chief Compliance Officer compensation		(280	)
Interest payable		(108,119	)
Accrued distribution fees		(2,728	)
Other accrued expenses		163,399
Payable to Adviser		1,072,885
Purchases of investments		(994,864,119	)
Proceeds from sale of investments		322,600,083
Proceeds from cost adjustments		36,850,788
Net purchases and sales of short-term investments		(91,671,562	)
Net cash used in operating activities		(573,312,426	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from shares issued		1,296,387,838
Payment on shares redeemed		(631,231,626	)
Cash distributions to shareholders		(64,321,269	)
Proceeds from reverse repurchase agreements		79,174,011
Payments on reverse repurchase agreements		(89,174,010	)
Loan withdrawals		47,600,000
Loan paydowns		(64,600,000	)
Net cash provided by financing activities		573,834,944
Net increase in cash and restricted cash		522,518
Cash and restricted cash, beginning of year		—
Cash and restricted cash, end of year	$	522,518
Supplemental Disclosures of Cash Flow and Non-Cash Information:
Reinvested distributions	$	85,536,630
Cash paid for interest on loans outstanding and reverse repurchase agreements	$	(911,951	)
Payment in-kind on shares redeemed by Affiliate (see Note 9)	$	(221,553,485	)

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

162

Consolidated Statement of Cash Flows Year Ended October 31, 2023

	STONE RIDGE DIVERSIFIED ALTERNATIVES FUND
CASH FLOWS FROM OPERATING ACTIVITIES
Net increase in net assets resulting from operations	$	152,937,783
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:
Net realized and unrealized gain:		(108,944,307	)
Amortization and accretion of premium and discount		(16,305,149	)
Changes in assets and liabilities:
Interest receivable		(3,502,920	)
Other assets		(187,807	)
Payable to Trustees		18,303
Payable for Chief Compliance Officer compensation		1,377
Interest payable		18,035
Other accrued expenses		(66,131	)
Payable to Adviser		976,807
Purchases of investments		(283,399,050	)
Proceeds from sale of investments		77,392,860
Proceeds from cost adjustments		4,336,729
Net purchases and sales of short-term investments		(258,308,056	)
Net cash used in operating activities		(435,031,526	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from shares issued		542,670,210
Payment on shares redeemed		(101,018,759	)
Cash distributions to shareholders		(1,505,442	)
Net cash provided by financing activities		440,146,009
Net increase in cash and restricted cash		5,114,483
Cash and restricted cash, beginning of year		—
Cash and restricted cash, end of year	$	5,114,483
Supplemental Disclosures of Cash Flow and Non-Cash Information:
Reinvested distributions	$	12,917,956
Cash paid for interest on loans outstanding and reverse repurchase aggreements	$	(421,394	)
Redemption in-kind on investment in Affiliate (see Note 9)	$	221,553,485
Investments acquired in-kind on redemption from Affiliate (see Note 9)	$	(221,553,485	)

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

163

Financial Highlights October 31, 2023

	PER SHARE DATA:
	Income (loss) from Investment Operations
	Net Asset Value, Beginning of Period		Net Investment Income(1)		Net Realized and Unrealized Gains (Losses)			Total from Investment Operations
STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND—CLASS I
Year Ended October 31, 2023	$	8.09		0.79		1.00			1.79	(4)
Year Ended October 31, 2022	$	9.01		0.44		(0.99	)		(0.55	)
Year Ended October 31, 2021	$	9.28		0.43		(0.23	)		0.20
Year Ended October 31, 2020	$	9.30		0.45		0.06			0.51
Year Ended October 31, 2019	$	9.54		0.44		(0.19	)		0.25
STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND—CLASS M
Year Ended October 31, 2023	$	8.09		0.78		1.01			1.79
Year Ended October 31, 2022	$	9.01		0.43		(0.99	)		(0.56	)
Year Ended October 31, 2021	$	9.29		0.42		(0.25	)		0.17
Year Ended October 31, 2020	$	9.30		0.43		0.07			0.50
Year Ended October 31, 2019	$	9.53		0.42		(0.18	)		0.24

(1) Net investment income per share has been calculated based on average shares outstanding during the period.

(2) Total return represents the rate that an investor would have earned (or lost) on an investment in the Fund (assuming the reinvestment of all dividends and distributions).

(3) Includes borrowing and investment-related expenses not covered by the Fund’s expense limitation agreement. See Note 4.

(4) Includes increase in payments by Affiliates of less than $0.01.

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

164

Financial Highlights October 31, 2023

													SUPPLEMENT DATA AND RATIOS:
Distributions to Shareholders
Net Investment Income			Net Realized Gains		Total Distributions			Net Asset Value, End of Period		Total Return(2)			Net Assets, End of Period (000’s)		Ratio of Expenses to Average Net Assets (Before Expense Reimbursement/ Recoupment)(3)			Ratio of Expenses to Average Net Assets (After Expense Reimbursement/ Recoupment)(3)			Ratio of Net Investment Income to Average Net Assets (Before Expense Reimbursement/ Recoupment)o(3)			Ratio of Net Investment Income to Average Net Assets (After Expense Reimbursement/ Recoupment)(3)				Portfolio Turnover Rate
	(0.69	)		—		(0.69	)	$	9.19		22.92	%	$	2,213,275		1.75	%		1.76	%		9.07	%		9.06	%	��		31.98	%
	(0.37	)		—		(0.37	)	$	8.09		(6.40	)%	$	1,420,941		1.74	%		1.72	%		4.97	%		4.99	%			25.70	%
	(0.47	)		—		(0.47	)	$	9.01		2.16	%	$	1,269,044		1.73	%		1.69	%		4.73	%		4.77	%			28.45	%
	(0.53	)		—		(0.53	)	$	9.28		5.73	%	$	886,011		1.73	%		1.68	%		4.87	%		4.92	%			50.26	%
	(0.49	)		—		(0.49	)	$	9.30		2.87	%	$	800,883		1.71	%		1.70	%		4.75	%		4.76	%			21.85	%
	(0.68	)		—		(0.68	)	$	9.20		22.93	%	$	102,554		1.80	%		1.81	%		8.98	%		8.97	%			31.98	%
	(0.36	)		—		(0.36	)	$	8.09		(6.49	)%	$	126,416		1.82	%		1.80	%		4.83	%		4.85	%			25.70	%
	(0.45	)		—		(0.45	)	$	9.01		1.90	%	$	148,332		1.88	%		1.84	%		4.57	%		4.61	%			28.45	%
	(0.51	)		—		(0.51	)	$	9.29		5.68	%	$	113,008		1.87	%		1.82	%		4.72	%		4.77	%			50.26	%
	(0.47	)		—		(0.47	)	$	9.30		2.78	%	$	116,551		1.86	%		1.85	%		4.61	%		4.62	%			21.85	%

The accompanying Notes to the Financial Statements are an integral part of these Financial Statements. (Continued)

Stone Ridge Funds Annual Report October 31, 2023

165

Consolidated Financial Highlights October 31, 2023

	PER SHARE DATA:
	Income (loss) from Investment Operations
	Net Asset Value, Beginning of Period		Net Investment Income(2)			Net Realized and Unrealized Gains			Total from Investment Operations
STONE RIDGE DIVERSIFIED ALTERNATIVES FUND—CLASS I
Year Ended October 31, 2023	$	10.11		0.74	(4)		1.79	(4)		2.53	(4)(8)
Year Ended October 31, 2022	$	11.19		0.25	(4)		(0.40	)(4)		(0.15	)(4)
Year Ended October 31, 2021	$	10.42		0.14	(4)		0.95	(4)		1.09	(4)
Period Ended October 31, 2020(1)	$	10.00		0.09	(4)		0.33	(4)		0.42	(4)
STONE RIDGE DIVERSIFIED ALTERNATIVES FUND—CLASS J*
Year Ended October 31, 2023	$	10.05		0.67	(4)		1.82	(4)		2.49	(4)
Year Ended October 31, 2022	$	11.15		0.22	(4)		(0.40	)(4)		(0.18	)(4)
Year Ended October 31, 2021	$	10.42		0.08	(4)		0.96	(4)		1.04	(4)
Period Ended October 31, 2020(1)	$	10.00		0.08	(4)		0.34	(4)		0.42	(4)

(1) The Fund commenced operations on May 1, 2020.

(2) Net investment income (loss) per share has been calculated based on average shares outstanding during the period.

(3) Total return represents the rate that an investor would have earned (or lost) on an investment in the Fund (assuming the reinvestment of all dividends and distributions).

(4) Per share amounts include income and expenses of the Stone Ridge Diversified Alternatives Fund, which are shown on the Fund’s Statement of Operations. Amounts do not include the Fund’s proportionate share of the income and expenses of the underlying investor funds.

(5) Not annualized.

(6) Annualized.

(7) Includes investment-related expenses not covered by the Fund’s expense limitation agreement. See Note 4.

(8) Includes increase in payments by Affiliates of less than $0.01.

* On January 22, 2021, the Fund’s Class M shares were redesignated as Class J shares.

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

166

Consolidated Financial Highlights October 31, 2023

																SUPPLEMENT DATA AND RATIOS:
Distributions to Shareholders
Net Investment Income			Net Realized Gains			Return of Capital		Total Distributions			Net Asset Value, End of Period		Total Return(3)			Net Assets, End of Period (000’s)		Ratio of Expenses to Average Net Assets (Before Expense Reimbursement/ Recoupment)(7)			Ratio of Expenses to Average Net Assets (After Expense Reimbursement/ Recoupment)(7)			Ratio of Net Investment Income (Loss) to Average Net Assets (Before Expense Reimbursement/ Recoupment)(7)			Ratio of Net Investment Income (Loss) to Average Net Assets (After Expense Reimbursement/ Recoupment)(7)			Portfolio Turnover Rate
	(0.11	)		(0.22	)		—		(0.33	)	$	12.31		25.59	%	$	1,005,021		1.87	%		1.77	%		6.47	%		6.57	%		21.62	%
	(0.78	)		(0.15	)		—		(0.93	)	$	10.11		(1.51	)%	$	420,024		1.53	%		1.27	%		2.15	%		2.41	%		24.56	%
	(0.26	)		(0.06	)		—		(0.32	)	$	11.19		10.70	%	$	201,434		2.13	%		1.15	%		0.30	%		1.28	%		33.34	%
	—			—			—		—		$	10.42		4.20	%(5)	$	20,261		3.57	%(6)		1.04	%(6)		-0.80	%(6)		1.73	%(6)		28.54	%(5)
	(0.09	)		(0.22	)		—		(0.31	)	$	12.23		25.29	%	$	45,556		2.13	%		2.03	%		6.00	%		6.10	%		21.62	%
	(0.77	)		(0.15	)		—		(0.92	)	$	10.05		(1.80	)%	$	31,569		1.83	%		1.57	%		1.85	%		2.11	%		24.56	%
	(0.25	)		(0.06	)		—		(0.31	)	$	11.15		10.25	%	$	13,115		2.35	%		1.46	%		-0.19	%		0.70	%		33.34	%
	—			—			—		—		$	10.42		4.20	%(5)	$	5		3.64	%(6)		1.14	%(6)		-0.87	%(6)		1.63	%(6)		28.54	%(5)

The accompanying Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.

Stone Ridge Funds Annual Report October 31, 2023

167

Notes to Financial Statements October 31, 2023

1. Organization

Stone Ridge Trust (the “Trust”) was organized as a Delaware statutory trust on September 28, 2012 and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company issuing shares in multiple series, each series representing a distinct portfolio with its own investment objectives and policies. As of October 31, 2023, the Stone Ridge High Yield Reinsurance Risk Premium Fund (the “High Yield Reinsurance Fund”) and the Stone Ridge Diversified Alternatives Fund (the “Diversified Alternatives Fund”) were each series of the Trust. The High Yield Reinsurance Fund is non-diversified, while the Diversified Alternatives Fund is diversified. The High Yield Reinsurance Fund commenced operations on February 1, 2013. The Diversified Alternatives Fund commenced operations on May 1, 2020. The High Yield Reinsurance Fund offers two classes of shares to investors: Class I shares, with no front-end or back-end sales charges, and no 12b-1 fees; and Class M shares, with no front-end or back-end sales charges, and a 0.15% 12b-1 fee. The Diversified Alternatives Fund offers two classes of shares to investors: Class I shares and Class J shares, with no front-end or back-end sales charges, and no 12b-1 fees; for Class J shares, unlike Class I shares, intermediary fees are paid out of the Fund’s Class J shares’ assets on an ongoing basis. The Funds do not charge redemption fees. There are an unlimited number of authorized shares.

The investment objective of the High Yield Reinsurance Fund is to seek a high level of total return consisting of income and preservation of capital. The High Yield Reinsurance Fund pursues its investment objective by investing primarily in reinsurance-related securities, including event-linked bonds, preference shares or participation notes issued in connection with quota shares (“Quota Share Notes”), and, to a lesser extent, preference shares or participation notes issued in connection with industry loss warranties (“ILW Notes”), event-linked swaps, equity securities (publicly or privately offered) or the derivatives of equity securities of companies in the reinsurance and insurance industry (collectively, “reinsurance-related securities”). The investment objective of the Diversified Alternatives Fund is to seek total return. The Diversified Alternatives Fund pursues its investment objective by generating income from diverse investment strategies that have potential for attractive returns such as reinsurance, market risk transfer, style premium investing, alternative lending, single family real estate and bitcoin.

The consolidated financial statements include the account of Stone Ridge Diversified Alternatives Sub Fund Ltd (the “Subsidiary”), which is a wholly-owned and controlled subsidiary of the Diversified Alternatives Fund. Reference made within this report to schedules of investments, statements of operations or statements of assets and liabilities refer to Consolidated Schedule of Investments, Consolidated Statement of Operations or Consolidated Statement of Assets and Liabilities for the Diversified Alternatives Fund. All intercompany accounts and transactions have been eliminated in consolidation. The Subsidiary gains exposure to the commodities markets by investing in commodity-linked derivatives such as commodity-linked futures, options and swaps. As of October 31, 2023, the Subsidiary’s net assets were $152,857,837, which represented 14.5% of the Diversified Alternatives Fund’s net assets.

2. Summary of Significant Accounting Policies

The following is a summary of significant accounting policies consistently followed by the Funds in the preparation of their financial statements. The financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”). The Funds are investment companies and apply specific accounting and financial reporting requirements under Financial Accounting Standards Board (“FASB”) Accounting Standards Topic 946, Financial Services – Investment Companies.

(a) Investment Valuation and Fair Value Measurement. The Board has approved procedures pursuant to which each Fund values its investments (the “Valuation Procedures”). The Board has established a Valuation Committee (the “Board Valuation Committee”), which has designated Stone Ridge Asset Management LLC (the “Adviser”) to serve as “valuation designee” in accordance with rule 2a-5 of the 1940 Act and, in that capacity, to bear responsibility for implementing the Valuation Procedures, including performing fair valuation determinations relating to all investments held by the Funds (as needed), and periodically assessing and managing any material valuation risks and establishing and applying fair value methodologies subject to the oversight of the Board Valuation Committee and certain reporting and other requirements as described in the Valuation Procedures. A committee consisting of personnel of the Adviser (the “Adviser Valuation Committee”) performs certain functions in implementing the Valuation Procedures, including with respect to the performance of fair valuation determinations.

Stone Ridge Funds Annual Report October 31, 2023

168

Notes to Financial Statements October 31, 2023

Listed below is a summary of certain of the methods generally used currently to value investments of each Fund under the Valuation Procedures:

With respect to pricing of insurance-linked securities for which at least one designated independent broker provides a price, that price (or, if multiple designated independent brokers provide a price, the average of such prices) will be used to value the security. The Funds typically utilize an independent data delivery vendor to obtain the prices, average them and communicate the resulting value to the Administrator. If no designated independent broker provides a price for the security in question, the Adviser Valuation Committee will generally utilize prices provided by one or more other brokers that the Adviser has approved to value the security. For certain securities, an administrator or third-party manager may regularly provide net asset values that may be used to determine the price at which an investor can subscribe for or redeem an investment in that security, subject to any relevant restrictions on the timing of such subscriptions or redemptions. The Adviser Valuation Committee will generally rely upon such valuations, with any necessary adjustment to reflect relevant corporate actions (e.g., dividends paid but not yet reflected in the reported net asset value).

Other insurance-linked securities are valued using an insurance industry model pursuant to procedures approved by the Board of Trustees.

The Diversified Alternatives Fund’s holdings in whole loans, securitizations and certain other types of alternative lending-related securities, and the Fund’s holdings in mortgage loans, mezzanine loans and certain other types of single-family real estate debt investments, are typically fair valued based on prices provided by a third-party pricing service. Each loan and fractional loan is fair valued using inputs that take into account individual borrower-level data (e.g., payment history) that is updated periodically to reflect new information regarding the borrower or loan.

Non-prime money market funds and cash sweep programs are generally valued at amortized cost which approximates fair value.

Other debt securities, including corporate and government debt securities (of U.S. or foreign issuers) and municipal debt securities, loans, mortgage-backed securities, collateralized mortgage obligations and other asset-backed securities (except event-linked bonds) are valued by an independent pricing service at an evaluated (or estimated) mean between the closing bid and asked prices.

Reverse repurchase agreements are accounted for at amortized cost, which approximates fair value.

For investments in investment companies (other than non-prime money market funds) that are registered under the 1940 Act, the value of the shares of such funds is calculated based upon the net asset value (“NAV”) per share of such funds. The prospectuses for such funds explain the circumstances under which they will use fair value pricing and its effects.

The Diversified Alternatives Fund’s holdings in private funds are fair valued based on valuations of the Fund’s interests in such private funds provided by the managers of such private funds or their agents. Valuations will be provided to the Fund on a monthly or quarterly basis based on the interim unaudited financial statements of such private funds, and, therefore, will be estimates subject to adjustment (upward or downward) upon the completion of the audit of such financial statements and may fluctuate as a result. The Fund will perform an independent review of such valuations and will consider all relevant information, including the reliability of the pricing information provided by the managers of the private funds. The Fund may conclude, in certain circumstances, that the valuation provided by the manager of a private fund is not indicative of what actual fair value would be in an active, liquid or established market. In those circumstances, the Fund may value its interests in the private fund at a discount or a premium to the valuation it receives from the private fund. Additionally, between the monthly or quarterly dates on which such private fund provides a net asset value, the valuation of the Fund’s interest in such private fund may be adjusted more frequently based on the estimated total return that such private fund will generate during such period and other general market or private fund -specific changes the Adviser is aware of. At the end of the month or quarter, as applicable, each private fund’s net asset value is adjusted based on the actual income and appreciation or depreciation realized by such private fund when the monthly or quarterly valuations and income are reported.

Equity securities (other than insurance-linked securities that are valued pursuant to the valuation methods described above) are valued at the last sale, official close or if there are no reported sales at the mean between the bid and asked

Stone Ridge Funds Annual Report October 31, 2023

169

Notes to Financial Statements October 31, 2023

price on the primary exchange on which they are traded. The values of the Funds’ investments in publicly-traded foreign equity securities generally will be the closing or final trading prices in the local trading markets but may be adjusted based on values determined by a pricing service using pricing models designed to estimate changes in the values of those securities between the times in which the trading in those securities is substantially completed and the close of the New York Stock Exchange (“NYSE”).

Exchange-traded derivatives, such as options and futures contracts, swaps, and forwards, are valued at the settlement price on the exchange or mean of the bid and asked prices.

Non-exchange traded derivatives, including over-the-counter (“OTC”) options, are generally valued on the basis of valuations provided by a pricing service or using quotes provided by a broker/dealer (typically the counterparty).

Generally, each Fund must value its assets using market quotations when they are readily available. If, with respect to any portfolio instrument, market quotations are not readily available or available market quotations are deemed to be unreliable by the Adviser Valuation Committee, then such instruments will be valued as determined in good faith by the Adviser Valuation Committee. In these circumstances, the Funds determine fair value in a manner that seeks to reflect the market value of the security on the valuation date based on consideration by the Adviser Valuation Committee of any information or factors it deems appropriate.

Fair value pricing may require subjective determinations about the value of a portfolio instrument. Fair values may differ from quoted or published prices, or from prices that are used by others, for the same investments. Also, the use of fair value pricing may not always result in adjustments to the prices of securities or other assets or liabilities held by a Fund. It is possible that the fair value determined for a security may be materially different than the value that could be realized upon the sale of such security. Thus, fair valuation may have an unintended dilutive or accretive effect on the value of shareholders’ investments in a Fund.

A substantial portion of the Funds’ investments are U.S. dollar denominated investments. Investments initially valued in currencies other than the U.S. dollar are converted to U.S. dollars using exchange rates obtained from pricing services. As a result, the NAV of a Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. International markets are sometimes open on days when U.S. markets are closed, which means that the value of foreign securities owned by a Fund could change on days when Fund shares cannot be bought or sold. The value of investments traded in markets outside the U.S. or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed, and the NAV of a Fund’s shares may change on days when an investor is not able to purchase, redeem or exchange shares. The calculation of a Fund’s NAV may not take place contemporaneously with the determination of the prices of foreign securities used in NAV calculations.

The Funds adhere to authoritative fair valuation accounting standards that set out a hierarchy for measuring fair valuation inputs. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:

Level 1 Inputs: quoted prices (unadjusted) in active markets for identical assets or liabilities that the Fund can access at the measurement date;

Level 2 Inputs: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly including inputs in markets that are not considered to be active or in active markets for similar assets or liabilities, observable inputs other than quoted prices and inputs that are not directly observable but are corroborated by observable market data;

Level 3 Inputs: significant unobservable inputs for the asset or liability.

Inputs are used in applying the various valuation techniques and broadly refer to the assumptions that market participants use to make valuation decisions, including assumptions about risk. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. However,

Stone Ridge Funds Annual Report October 31, 2023

170

Notes to Financial Statements October 31, 2023

the determination of what constitutes “observable” requires significant judgment by the Adviser. The Adviser considers observable data to be that market data which is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. The categorization of a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Adviser’s perceived risk of that instrument.

There were transfers between Level 2 and Level 3 during the reporting period. The transfers from Level 2 to Level 3 occurred because there was no longer observable market data for these securities as of October 31, 2023. The transfers from Level 3 to Level 2 occurred because previously unobservable market data became available as of October 31, 2023. The following table summarizes the inputs used to value the Funds’ investments as of October 31, 2023:

DESCRIPTION	LEVEL 1		LEVEL 2		LEVEL 3		TOTAL
High Yield Reinsurance Fund
Assets
Event-Linked Bonds
Chile	$	—	$	22,228,471	$	—	$	22,228,471
Europe		—		11,828,708		11,640,566		23,469,274
Global		—		203,034,841		5,768,825		208,803,666
Jamaica		—		15,882,557		—		15,882,557
Japan		—		54,540,731		—		54,540,731
Mexico		—		20,811,929		—		20,811,929
New Zealand		—		10,043,200		—		10,043,200
United States		—		1,520,195,392		20,926,001		1,541,121,393
Total Event-Linked Bonds		—		1,858,565,829		38,335,392		1,896,901,221
Quota Shares and Other Reinsurance-Related Securities
Participation Notes(1)(2)		—		—		86,226,065		86,226,065
Preference Shares(1)		—		—		219,655,130		219,655,130
Total Quota Shares and Other Reinsurance-Related Securities		—		—		305,881,195		305,881,195
Money Market Funds		93,963,228		—		—		93,963,228
Total Assets	$	93,963,228	$	1,858,565,829	$	344,216,587	$	2,296,745,644
Diversified Alternatives Fund
Assets
Asset-Backed Securities	$	—	$	—	$	101,199,780	$	101,199,780
Event Linked Bonds
Chile		—		3,598,672		—		3,598,672
Europe		—		1,645,194		1,040,162		2,685,356
Global		—		29,762,748		756,175		30,518,923
Jamaica		—		2,846,996		—		2,846,996
Japan		—		6,644,523		—		6,644,523
Mexico		—		2,030,651		—		2,030,651
New Zealand		—		1,531,727		—		1,531,727
United States		—		231,341,579		3,296,459		234,638,038
Total Event-Linked Bonds		—		279,402,090		5,092,796		284,494,886
Investment Companies—Open End		6,614,922		—		—		6,614,922
Participation Notes		—		—		41,315,136		41,315,136
Preference Shares		—		—		44,048,793		44,048,793
Purchased Options		8,363,550		238,053		—		8,601,603
Money Market Funds		60,720,610		—		—		60,720,610
U.S. Treasury Bills		—		467,695,687		—		467,695,687
Whole Loans
Consumer Loans(1)(2)		—		—		47,124,991		47,124,991
Student Loans(1)		—		—		61,740		61,740
Total Whole Loans		—		—		47,186,731		47,186,731
Total Assets	$	75,699,082	$	747,335,830	$	238,843,236	$	1,061,878,148

Stone Ridge Funds Annual Report October 31, 2023

171

Notes to Financial Statements October 31, 2023

DESCRIPTION	LEVEL 1			LEVEL 2			LEVEL 3		TOTAL
Liabilities
Written Options	$	23,974,835		$	21,814		$	—	$	23,996,649
Total Liabilities	$	23,974,835		$	21,814		$	—	$	23,996,649
Other Financial Instruments*
Unrealized appreciation on forward currency contracts	$	—		$	4,617,738		$	—	$	4,617,738
Unrealized depreciation on forward currency contracts		—			(2,172,380	)		—		(2,172,380	)
Unrealized appreciation on futures contracts		5,386,518			—			—		5,386,518
Unrealized depreciation on futures contracts		(5,804,507	)		—			—		(5,804,507	)
Unrealized appreciation on swap contracts		—			482,723			—		482,723
Unrealized depreciation on swap contracts		—			(321,457	)		—		(321,457	)
Total	$	(417,989	)	$	2,606,624		$	—	$	2,188,635

(1) For further security characteristics, see the Funds’ Schedules of Investments.

(2) Includes Level 3 investment with a value of zero.

* Other financial instruments are derivatives, such as futures forwards, currency contracts, and swaps. These instruments are reflected at the unrealized appreciation (depreciation) on the instrument.

Below is a reconciliation that details the activity of securities in Level 3 during the year ended October 31, 2023:

	HIGH YIELD REINSURANCE FUND
	EVENT-LINKED BONDS			PARTICIPATION NOTES			PREFERENCE SHARES
Beginning Balance—November 1, 2022	$	16,318,847		$	84,417,927		$	154,269,560
Acquisitions		15,628,990			67,545,539			14,039,000
Dispositions		(2,762,231	)		(83,673,299	)		—
Realized gain (loss)		(4,123,558	)		(405,024	)		—
Return of capital		—			(9,002	)		(36,841,785	)
Change in unrealized appreciation (depreciation)		6,879,996			18,349,924			88,188,355
Transfers into Level 3		25,327,374			—			—
Transfers out of Level 3		(18,934,026	)		—			—
Ending Balance—October 31, 2023	$	38,335,392		$	86,226,065		$	219,655,130

	DIVERSIFIED ALTERNATIVES FUND
	ASSET- BACKED SECRUTIES			EVENT- LINKED BONDS			PARTICIPATION NOTES			PREFERENCE SHARES		WHOLE LOAN- CONSUMER LOANS			WHOLE LOAN- STUDENT LOANS
Beginning Balance—November 1, 2022	$	35,736,155		$	—		$	—		$	—	$	50,050,633		$	99,046
Acquisitions		71,024,290			6,243,511			35,114,070			35,082,000		20,636,164			5,202
Dispositions		(2,996,594	)		—			(241,781	)		—		(15,882,240	)		(30,301	)
Realized gain (loss)		(10,971	)		—			102,060			—		(4,257,671	)		(4,582	)
Return of capital		(2,344,042	)		—			—			—		—			—
Change in unrealized appreciation (depreciation)		(209,058	)		(1,150,715	)		6,340,787			8,966,793		(3,421,895	)		(7,625	)
Transfers into Level 3		—			—			—			—		—			—
Transfers out of Level 3		—			—			—			���		—			—
Ending Balance—October 31, 2023	$	101,199,780		$	5,092,796		$	41,315,136		$	44,048,793	$	47,124,991		$	61,740

As of October 31, 2023, the change in unrealized appreciation (depreciation) on Level 3 positions still held in the High Yield Reinsurance Fund was $2,285,744 for Event-Linked Bonds, $19,499,060 for Participation Notes, and $88,188,355 for Preference Shares. As of October 31, 2023, the change in unrealized appreciation (depreciation) on positions still held in the Diversified Alternatives Fund was $(209,058) for Asset-Backed Securities, $(1,150,715) for Event-Linked Bonds, $6,340,787 for Participation Notes, $8,966,793 for Preference Shares $(4,406,420), for Whole Loan-Consumer Loans, and $(7,464) for Whole Loan-Student Loans.

Stone Ridge Funds Annual Report October 31, 2023

172

Notes to Financial Statements October 31, 2023

Unobservable inputs for participation notes and preference shares included losses from severe weather events, other natural and non-natural catastrophes and insurance and reinsurance premiums. Significant decreases in premiums or increases in losses related to severe weather or other natural and non-natural catastrophes in isolation would result in a significantly lower fair value measurement. Participation notes and preference shares are monitored daily for significant events that could affect the value of the instruments. The value of asset-backed securities is determined by the forecast performance of alternative lending loans and single-family rental homes in each security’s respective underlying asset pool and the priority the security has with respect to the cash flows of such assets. Because the securities have exposure to the underlying loans and homes, any deterioration of the assets (indicated through higher prepayment, default, severity and discount rates) may result in a markdown of fair values.

Whole Loans are valued using a discounted cash flow framework that takes into account the original purchase price, the scheduled loan payments, and forecast losses. The loss and discount rate forecasts are based on industry and platform historical loan performance, as well as evaluation of the current underwriting environment. Higher expectations of losses and higher discount rates, due to factors such as rising delinquencies on a platform’s loans or a deteriorating macroeconomic environment, would result in a markdown of fair values.

The following table summarizes the quantitative inputs used for investments categorized as Level 3 of the fair value hierarchy as of October 31, 2023.

High Yield Reinsurance Fund

TYPE OF SECURITY	INDUSTRY	FAIR VALUE AT 10/31/2023		VALUATION TECHNIQUES	UNOBSERVABLE INPUTS	RANGE	WEIGHTED AVERAGE(1)
Participation Notes	Financial Services	$	54,560,326	Insurance industry model	Estimated losses: Estimated premium earned:	$0.0MM-$9.6MM $0.4MM-$10.2MM	$3.8MM $9.4MM
Preference Shares	Financial Services	$	182,344,465	Insurance industry model	Estimated losses: Estimated premium earned:	$0.0MM-$36.7MM $0.0MM-$39.8MM	$5.3MM $18.5MM

The Level 3 securities listed above were fair valued by the Adviser Valuation Committee using an insurance industry model pursuant to procedures approved by the Board of Trustees. Other Level 3 securities not listed above were fair valued by the Adviser Valuation Committee using indicative bids pursuant to procedures approved by the Board of Trustees and have a value equal to $38,335,392 for Event-Linked Bonds, $31,665,739 for Participation Notes, and $37,310,665 for Preference Shares.

Diversified Alternatives Fund

TYPE OF SECURITY	INDUSTRY	FAIR VALUE AT 10/31/2023		VALUATION TECHNIQUES	UNOBSERVABLE INPUTS	RANGE	WEIGHTED AVERAGE(1)
Asset-Backed Securities	Financial Services	$	101,199,780	Discounted Cash Flow	Constant Prepayment Rate Constant Default Rate Severity Discount Rate	0.00%-28.09% 0.00%-41.97% 82.14%-100.00% 7.22%-16.80%	11.83% 6.90% 81.26% 9.35%
Participation Notes	Financial Services	$	9,408,869	Insurance industry model	Estimated losses: Estimated premium earned:	$0.5MM-$1.3MM $0.4MM-$1.9MM	$0.6MM $1.8MM
Preference Shares	Financial Services	$	44,048,793	Insurance industry model	Estimated losses: Estimated premium earned:	$6.3MM-$6.3MM $27.4MM-$27.4MM	$6.3MM $27.4MM
Whole Loans—Consumer Loans	Financial Services	$	47,124,991	Discounted Cash Flow	Loss-Adjusted Discounted Rate Projected Loss Rate	9.47%-10.39% 16.11%-20.50%	9.92% 18.29%
Whole Loans—Student Loans	Financial Services	$	61,740	Discounted Cash Flow	Loss-Adjusted Discounted Rate Projected Loss Rate	7.20%-10.32% 15.07%-23.78%	9.83% 22.05%

The Level 3 securities listed above were fair valued by the Adviser Valuation Committee using an insurance industry model or discounted cash flow model pursuant to procedures approved by the Board of Trustees. Other Level 3 securities not listed above were fair valued by the Adviser Valuation Committee using indicative bids pursuant to procedures approved by the Board of Trustees and have a value equal to $5,092,796 for Event-Linked Bonds, and $31,906,267 for Participation Notes.

(1) Weighted by relative fair value

Stone Ridge Funds Annual Report October 31, 2023

173

Notes to Financial Statements October 31, 2023

Derivative Transactions — The Funds may engage derivatives for hedging and speculative purposes during the year ended October 31, 2023. The Diversified Alternatives Fund also engaged in derivatives to generate income from premiums. The Diversified Alternatives Fund’s use of derivatives included options, forwards, swaps and futures.

Futures Contracts — The Funds may purchase and sell futures contracts. The Diversified Alternatives Fund held futures contracts during the year ended October 31, 2023. The High Yield Reinsurance Fund and Diversified Alternatives Fund may use futures contracts to hedge interest rate and foreign exchange rate exposure. With futures, there is minimal counterparty credit risk to the Funds since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default. Upon entering into a contract, the Funds deposit and maintain as collateral, an initial margin as required by the exchange on which the transaction is effected. Pursuant to the contract the Funds agree to receive from or pay to the broker, an amount of cash equal to the daily fluctuation in value of the contract. Such receipts or payments are known as variation margin and are recorded by the Funds as unrealized gains and losses and included in cash held at broker and foreign currencies held at broker on the Consolidated Statement of Assets and Liabilities of Diversified Alternatives Fund. Variation margin is settled daily. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

The average notional amount of futures contracts during the year ended October 31, 2023, was as follows:

	DIVERSIFIED ALTERNATIVES FUND
Total long futures contracts	$	248,462,592
Total short futures contracts		269,725,974

Options — The Funds may purchase and write call or put options on securities and indices and enter into related closing transactions. The Funds write put and call options to earn premium income. The Diversified Alternatives Fund purchased and wrote call or put options during the year ended October 31, 2023. With exchange-traded options, there is minimal counterparty credit risk to the Funds since options are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded options, guarantees the options against default. OTC options are customized agreements between the parties. With OTC options, there is no clearinghouse guarantee against default, thus OTC options are subject to the risk that the counterparty will not fulfill its obligations under the contract. As the writer of a call option, the Funds have the obligation to sell the security at the exercise price during or at the expiration of the exercise period. As a writer of a put option, the Funds have the obligation to buy the underlying security at the exercise price during or at the expiration of the exercise period. The premium that the Fund pays when purchasing a call option or receives when writing a call option will reflect, among other things, the market price of the security, the relationship of the exercise price to the market price of the security, the relationship of the exercise price to the volatility of the security, the length of the option period and supply and demand factors. The premium is the market value of the option.

A purchaser (holder) of a put option pays a non-refundable premium to the seller (writer) of a put option to obtain the right to sell a specified amount of a security at a fixed price (the exercise price) during a specified period (the exercise period). Conversely, the seller (writer) of a put option, upon payment by the holder of the premium, has the obligation to buy the security from the holder of the put option at the exercise price during or at the expiration of the exercise period. When a written put option (call option) is exercised, the premium originally received decreases the cost basis of the security sold short (or increases the proceeds on the underlying security), and the Funds realize a gain or loss from the closing of the short sale (or from the sale of the security).

Options on indices are similar to options on securities, except that upon exercise index options require cash payments and do not involve the actual purchase or sale of securities.

Stone Ridge Funds Annual Report October 31, 2023

174

Notes to Financial Statements October 31, 2023

The average market values of purchased and written options for the year ended October 31, 2023, were as follows:

	DIVERSIFIED ALTERNATIVES FUND
Purchased Options	$	2,542,031
Written Options		20,376,479

Swaps — The Diversified Alternatives Fund enters into total return swaps. In a swap transaction, two parties generally agree to exchange the returns (or differentials in rates of return) earned or realized on a particular predetermined reference instrument or instruments, which can be adjusted for an interest rate factor. The gross returns to be exchanged or “swapped” between the parties are generally calculated with respect to a “notional amount” (i.e., the return on or increase in value of a particular dollar amount invested in a particular security or other asset or in a “basket” of securities representing a particular index). Other types of swap agreements may calculate the obligations of the parties to the agreement on a “net basis.” Consequently, a party’s current obligations (or rights) under a swap agreement will generally be equal only to the net amount to be paid or received under the agreement based on the relative values of the positions held by each party to the agreement (the “net amount”). The Diversified Alternatives Fund uses swaps for both speculative and hedging purposes.

The average notional amount of the total return swaps held during the year ended October 31, 2023, was $1,747,767 for long contracts and $37,133 for short contracts.

Forward Currency Contracts — The Funds may enter into forward currency contracts. The Diversified Alternatives Fund entered into forward currency contracts during the year ended October 31, 2023. When entering into a forward currency contract, in the case of a deliverable contract the Fund agrees to receive or deliver a fixed quantity of foreign currency for an agreed-upon price on an agreed future date or in the case of a non-deliverable contract to settle the equivalent in U.S. dollar. The Fund’s net equity therein, representing unrealized gain or loss on the contracts as measured by the difference between the forward foreign exchange rates at the dates of entry into the contracts and the forward rates at the reporting date. These instruments may involve market risk from movements in currencies or credit risk from the possible inability of counterparties to meet the terms of their contracts. The average notional amount of forward currency contracts during the year ended October 31, 2023 was $209,726,320 for long contracts and $265,313,674 for short contracts.

The tables below reflect the values of derivative assets and liabilities as reflected in the Statement of Assets and Liabilities.

		ASSET DERIVATIVES
	STATEMENT OF ASSETS AND LIABILITIES LOCATION	FAIR VALUE
Diversified Alternatives Fund
Forwards
Foreign exchange contracts	Unrealized appreciation on forward currency contracts	$	4,617,738
Futures
Commodity contracts	Net assets—Unrealized appreciation*		3,279,146
Equity contracts	Net assets—Unrealized appreciation*		1,376,939
Foreign exchange contracts	Net assets—Unrealized appreciation*		730,433
Options
Commodity contracts	Investments, at fair value		1,846,450
Equity contracts	Investments, at fair value		6,517,100
Foreign exchange contracts	Investments, at fair value		238,053
Swap Contracts
Foreign exchange contracts	Unrealized appreciation on swap contracts		482,723

* Reflects cumulative unrealized appreciation of futures contracts as reported in the Consolidated Schedule of Investments.

Stone Ridge Funds Annual Report October 31, 2023

175

Notes to Financial Statements October 31, 2023

		LIABILITY DERIVATIVES
	STATEMENT OF ASSETS AND LIABILITIES LOCATION	FAIR VALUE
Diversified Alternatives Fund
Forwards
Foreign exchange contracts	Unrealized depreciation on forward currency contracts	$	2,172,380
Futures
Commodity contracts	Net assets—Unrealized depreciation*		3,522,595
Equity contracts	Net assets—Unrealized depreciation*		2,261,840
Foreign exchange contracts	Net assets—Unrealized depreciation*		20,072
Written options
Commodity contracts	Written options, at fair value		19,002,930
Equity contracts	Written options, at fair value		271,744
Foreign exchange contracts	Written options, at fair value		4,721,975
Swap Contracts
Foreign exchange contracts	Unrealized depreciation on swap contracts		321,457

* Reflects cumulative unrealized appreciation of futures contracts as reported in the Consolidated Schedule of Investments.

The tables below reflect the effect of derivative instruments on the Statement of Operations for the period ended October 31, 2023.

AMOUNT OF REALIZED GAIN ON DERIVATIVES TRANSACTIONS
	FORWARD CURRENCY CONTRACTS		FUTURES CONTRACTS			PURCHASED OPTIONS*			WRITTEN OPTIONS		SWAP CONTRACTS		TOTAL
Diversified Alternatives Fund
Commodity contracts	$	—	$	(103,209,934	)	$	(1,747,178	)	$	154,025,445	$	—	$	49,068,333
Equity contracts		—		(4,250,282	)		4,660,947			30,746,971		—		31,157,636
Foreign exchange contracts		165,027		(43,716,577	)		1,628,669			46,132,594		5,796,758		4,209,713

* Realized gains (losses) on purchased options are included in realized gain (loss) on investments in unaffiliated issuers on the Consolidated Statement of Operations.

CHANGE IN UNREALIZED APPRECIATION OR (DEPRECIATION) ON DERIVATIVES TRANSACTIONS
	FORWARD CURRENCY CONTRACTS		FUTURES CONTRACTS			PURCHASED OPTIONS*			WRITTEN OPTIONS		SWAP CONTRACTS			TOTAL
Diversified Alternatives Fund
Commodity contracts	$	—	$	279,313		$	(296,156	)	$	1,309,175	$	—		$	1,292,332
Equity contracts		—		(775,342	)		(245,246	)		1,055,457		—			34,869
Foreign exchange contracts		5,788,075		1,176,118			(315,240	)		299,844		(1,143,905	)		5,804,892

* Change in unrealized appreciation (depreciation) on purchased options are included in change in unrealized appreciation (depreciation) on investments in unaffiliated issuers on the Consolidated Statement of Operations.

(b) Offsetting on the Statement of Assets and Liabilities. Accounting Standards Update No. 2011-11 “Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”) intended to help investors and other financial statement users better assess the effect or potential effect of offsetting arrangements on a fund’s financial position. ASU 2011-11 requires entities to disclose both gross and net information about both instruments and transactions eligible for offset on the Statement of Assets and Liabilities, and disclose sw instruments and transactions subject to master netting or similar agreements. In addition, in January 2013, the FASB issued Accounting Standards Update No. 2013-1 “Clarifying the Scope of Offsetting Assets and Liabilities” specifying exactly which transactions are subject to offsetting disclosures. The scope of the disclosure requirement is limited to derivative instruments, repurchase agreements and reverse repurchase agreements, and securities lending transactions. The International Swap and Derivative Association

Stone Ridge Funds Annual Report October 31, 2023

176

Notes to Financial Statements October 31, 2023

agreements specify collateral posting arrangements. Under the agreements, collateral is routinely transferred if the total net exposure to certain transactions (net of existing collateral already in place) governed under an agreement with a counterparty in a given account exceeds a specified threshold.

The Diversified Alternatives Fund is subject to a netting arrangements, which govern the terms of certain transactions with select counterparties. The netting arrangements allow the Diversified Alternatives Fund to close out and net its total exposure to a counterparty in the event of a default with respect to all the transactions governed under a single agreement with a counterparty. The netting arrangements also specify collateral posting arrangements at prearranged exposure levels.

High Yield Reinsurance Fund

	GROSS AMOUNT OF RECOGNIZED LIABILITIES		GROSS AMOUNT OFFSET IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES		NET AMOUNTS PRESENTED IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES		GROSS AMOUNTS NOT OFFSET IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES
LIABILITIES:							FINANCIAL INSTRUMENTS		COLLATERAL PLEDGED			NET AMOUNT
Reverse Repurchase Agreements	$	5,000,001	$	—	$	5,000,001	$	—	$	(5,000,001	)	$	—
	$	5,000,001	$	—	$	5,000,001	$	—	$	(5,000,001	)	$	—

Diversified Alternatives Fund

	GROSS AMOUNT OF RECOGNIZED ASSETS		GROSS AMOUNT OFFSET IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES		NET AMOUNTS PRESENTED IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES		GROSS AMOUNTS NOT OFFSET IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES
ASSETS:							FINANCIAL INSTRUMENTS			COLLATERAL RECEIVED*		NET AMOUNT
Forward Currency Contracts	$	4,617,738	$	—	$	4,617,738	$	(2,172,380	)	$	—	$	2,445,358
Swap Contracts		482,723		—		482,723		(321,457	)		—		161,266
	$	5,100,461	$	—	$	5,100,461	$	(2,493,837	)	$	—	$	2,606,624
LIABILITIES:	GROSS AMOUNT OF RECOGNIZED LIABILITIES		GROSS AMOUNT OFFSET IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES		NET AMOUNTS PRESENTED IN THE CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES		FINANCIAL INSTRUMENTS			COLLATERAL PLEDGED*		NET AMOUNT
Forward Currency Contracts	$	2,172,380	$	—	$	2,172,380	$	(2,172,380	)	$	—	$	—
Swap Contracts		321,457		—		321,457		(321,457	)		—		—
	$	2,493,837	$	—	$	2,493,837	$	(2,493,837	)	$	—	$	—

* The collateral amounts may exceed the related net amounts of financial assets and liabilities presented in the statement of assets and liabilities. If this is the case, the total amount reported is limited to the net amounts of financial assets and liabilities with that counterparty.

(c) Use of Estimates. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

(d) Indemnifications. In the normal course of business, the Funds enter into contracts that contain a variety of representations which provide general indemnifications. The Funds’ maximum exposure under these arrangements cannot be known; however, the Funds expect any risk of loss to be remote.

Stone Ridge Funds Annual Report October 31, 2023

177

Notes to Financial Statements October 31, 2023

(e) Federal Income Taxes. The Funds qualify and intend to continue to qualify as “regulated investment companies” (“RICs”) under Subchapter M of the Internal Revenue Code of 1986, as amended. As RICs, the Funds will not be subject to federal income tax to the extent they distribute substantially all of their net investment income and capital gains to shareholders. Therefore, no federal income tax provision is required.

(f) Reverse Repurchase Agreements. The Funds intend to enter into reverse repurchase agreements with banks and brokers, with the Funds as the initial seller of securities to the banks or brokers. In this case, a reverse repurchase agreement involves a sale by a fund of portfolio securities concurrently with an agreement by a fund to repurchase the same securities at a later date at a fixed price. During the reverse repurchase agreement period, an individual fund continues to receive principal and interest payments on the securities. Reverse repurchase agreements involve the risk that the counterparty will become subject to bankruptcy or other insolvency proceedings or fail to return a security to a Fund. In such situations, a Fund may incur losses as a result of a possible decline in the value of the underlying security during the period while a Fund seeks to enforce its rights, a possible lack of access to income on the underlying security during this period, or expenses of enforcing its rights.

If the buyer in a reverse repurchase agreement files for bankruptcy or becomes insolvent, a fund’s use of proceeds from the sale of its securities may be restricted while the other party or its trustee or receiver determines whether to honor the fund’s right to repurchase the securities. Furthermore, in that situation a fund may be unable to recover the securities it sold in connection with a reverse repurchase agreement and as a result would realize a loss equal to the difference between the value of the securities and the payment it received for them. This loss would be greater to the extent the buyer paid less than the value of the securities the fund sold to it (e.g., a buyer may only be willing to pay $95 for a security with a market value of $100). A fund’s use of reverse repurchase agreements also subjects the fund to interest costs based on the difference between the sale and repurchase price of a security involved in such a transaction. Additionally, reverse repurchase agreements entail the same risks as OTC derivatives. These include the risk that the counterparty to the reverse repurchase agreement may not be able to fulfill its obligations, that the parties may disagree as to the meaning or application of contractual terms, or that the instrument may not perform as expected. Reverse repurchase agreements and dollar rolls are not considered borrowings by the Diversified Alternatives Fund for purposes of the Fund’s fundamental investment restriction on borrowings because the Diversified Alternatives Fund has elected to treat reverse repurchase agreements and similar financing transactions as derivatives for purposes of Rule 18f-4 under the 1940 Act.

The gross obligations for secured borrowing by the type of collateral pledged and remaining time to maturity is as follows:

High Yield Reinsurance Fund

REVERSE REPURCHASE AGREEMENTS	OVERNIGHT AND CONTINUOUS		UP TO 30 DAYS		30-90 DAYS		GREATER THAN 90 DAYS		TOTAL
Event Linked Bonds	$	—	$	5,000,001	$	—	$	—	$	5,000,001
Total	$	—	$	5,000,001	$	—	$	—	$	5,000,001

(g) Event-Linked Bonds. Event-linked bonds are variable rate debt securities for which the return of principal and payment of interest are contingent on the non-occurrence of a specified trigger event(s) that leads to economic and/or human loss, such as an earthquake of a particular magnitude or a hurricane of a specific category. The most common type of event-linked bonds is known as “catastrophe” or “CAT” bonds. In most cases, the trigger event(s) will not be deemed to have occurred unless the event(s) happened in a particular geographic area and was of a certain magnitude (based on independent scientific readings) and/or caused a certain amount of actual or modeled loss. If the trigger event(s) occurs prior to a bond’s maturity, the Funds may lose all or a portion of their principal and forgo additional interest. In this regard, event-linked bonds typically have a special condition that states that if the sponsor suffers a loss from a particular pre-defined catastrophe or other event that results in physical and/or economic loss, then the issuer’s obligation to pay interest and/or repay the principal is either deferred or completely forgiven. For example, if the Funds hold a bond that covers a sponsor’s losses due to a hurricane with a “trigger” at $1 billion and a hurricane hits causing $1 billion or more in losses to such sponsor, then the Funds will lose all or a portion of its principal invested in the bond and forgo any future interest payments. If the trigger event(s) does not occur, the Funds will recover their principal plus

Stone Ridge Funds Annual Report October 31, 2023

178

Notes to Financial Statements October 31, 2023

interest. Interest typically accrues and is paid on a quarterly basis for the specified duration of the bond, as long as the trigger event(s) does not occur. Although principal typically is repaid only on the maturity date, it may be repaid in installments, depending on the terms of the bond, as long as the trigger event(s) does not occur. The Funds may invest in event-linked bonds directly or indirectly through certain derivative instruments. The Funds may pursue other types of event-linked derivative strategies using derivative instruments that are typically contingent, or formulaically related to defined trigger events. Trigger events may include hurricanes, earthquakes and weather-related phenomena, non-natural catastrophes, such as plane crashes, or other events resulting in a specified level of physical or economic loss, such as mortality or longevity.

(h) Quota Share Notes. Investments in Quota Share Notes provide exposure to a form of proportional reinsurance in which an investor participates in the premiums and losses of a reinsurer’s portfolio according to a pre-defined percentage. For example, under a 20% quota-share agreement, a special purpose vehicle (“SPV”) would obtain 20% of all premiums of the subject portfolio while being responsible for 20% of all claims, and the Funds, as a holder of a Quota Share Note issued by the SPV, would be entitled to their pro rata share of the premiums received by the SPV and would be responsible for its pro rata share of the claims up to the total amount invested.

(i) ILW Notes. ILW Notes provide exposure to a transaction through which one party (typically, an insurance company or reinsurance company, or a reinsurance-related asset manager) purchases protection based on the total loss arising from a catastrophic event to the entire insurance industry rather than the losses of any particular insurer. For example, the buyer of a “$100 million limit U.S. Wind ILW attaching at $20 billion” will pay an upfront premium to a protection writer (i.e., the reinsurer or an SPV) and in return will receive $100 million if total losses to the insurance industry from a single U.S. hurricane exceed $20 billion. The industry loss ($20 billion in this case) is often referred to as the “trigger” and is reported by an independent third party after an event has occurred. The amount of protection offered by the contract ($100 million in this case) is referred to as the “limit.” ILW Notes could also provide exposure to transactions linked to an index not linked to insurance industry losses, such as wind speed or earthquake magnitude and location. The Funds, as a holder of an ILW Note, would be entitled to a return linked to the premium paid by the sponsor and the occurrence or non-occurrence of the trigger event. During the year ended October 31, 2023 the Funds had no exposure to ILW Notes.

(j) Alternative Lending. Alternative lending, which is sometimes referred to as peer-to-peer lending, online lending or marketplace lending, is a method of financing in which an alternative lending platform facilitates the borrowing and lending of money while generally not relying on deposits for capital to fund loans. It is considered an alternative to more traditional debt financing done through a bank. There are several different models of alternative lending but, very generally, a platform typically matches consumers, small or medium-sized businesses or other types of borrowers with investors that are interested in gaining investment exposure to the loans made to such borrowers. Prospective borrowers are usually required to provide or give access to certain financial information to the platform, such as the intended purpose of the loan, income, employment information, credit score, debt-to-income ratio, credit history (including defaults and delinquencies) and home ownership status, and, in the case of small business loans, business financial statements and personal credit information regarding any guarantor, some of which information is made available to prospective lenders. Often, platforms charge fees to borrowers to cover these screening and administrative costs. Based on this and other relevant supplemental information, the platform usually assigns its own credit rating to the borrower and sets the interest rate for the requested borrowing. Platforms then post the borrowing requests online and investors may choose among the loans, based on the interest rates the loans are expected to yield less any servicing or origination fees charged by the platform or others involved in the lending arrangement, the background data provided on the borrowers, and the credit rating assigned by the platform. In some cases, a platform partners with a bank to originate a loan to a borrower, after which the bank sells the loan to the platform or directly to the investor; alternatively, some platforms may originate loans themselves. Some investors, including the Fund, may not review the particular characteristics of the loans in which they invest at the time of investment, but rather negotiate in advance with platforms the general criteria of the investments. Other alternative lending platforms are non-traditional intermediaries. Unlike marketplace lenders, non-traditional intermediaries do not themselves (either alone or working with a bank) originate loans. Instead, they intermediate sales of loans originated by more traditional lenders to buyers that utilize alternative sources of capital (i.e., capital other than bank deposits). Platforms may set minimum eligibility standards for borrowers to participate in alternative lending arrangements and may limit the maximum permitted borrowings. Depending on the purpose and nature of the loan, its term may, for example, be as short as six months or shorter, or as long as thirty years or longer. Set forth below is additional information about some of the Fund’s alternative lending-related investments.

Stone Ridge Funds Annual Report October 31, 2023

179

Notes to Financial Statements October 31, 2023

(k) Whole Loans. When the Diversified Alternatives Fund invests directly or indirectly in whole loans, it typically purchases all rights, title and interest in the loans pursuant to a loan purchase agreement directly from the platform or its affiliate. The platform or a third-party servicer typically continues to service the loans, collecting payments and distributing them to investors, less any servicing fees assessed against the Fund, and the servicing entity typically will make all decisions regarding any modification, forbearance or other form of relief that may be provided to a borrower experiencing financial hardship and acceleration or enforcement of the loans following any default by a borrower. Where a platform or its affiliate acts as the loan servicer, there is typically a backup servicer in place in case that platform or affiliate ceases or fails to perform these servicing functions. The Diversified Alternatives Fund, as an investor in a whole loan, would be entitled to receive payment only from the borrower and/or any guarantor, and would not be able to recover any deficiency from the platform, except under very narrow circumstances, which may include fraud by the borrower in some cases. The whole loans in which the Diversified Alternatives Fund may invest may be secured or unsecured. Cash segregated for the purchase of whole loans, if any, is located other assets on the Consolidated Statement of Assets and Liabilities.

(l) Loan Participations. The Diversified Alternatives Fund may invest in participation interests in whole loans, which are typically originated by an alternative lending platform in partnership with a bank. When the Fund invests in participation interests, the Diversified Alternatives Fund typically purchases a fractional or full economic interest in the underlying whole loans and the originating bank retains the legal title to such loans. As with the Diversified Alternatives Fund’s investments in whole loans, the alternative lending platform or a third party servicer typically continues to service the loans, collecting payments and distributing them to investors in the loan participations, less any servicing fees assessed against the Diversified Alternatives Fund, and the servicing entity typically will make all decisions regarding any modification, forbearance or other form of relief that may be provided to a borrower experiencing financial hardship and acceleration or enforcement of the loans following any default by a borrower. The servicing entity may distribute payments of principal and interest from the borrower directly to the Fund as a holder of participation interests. Alternatively, the Diversified Alternatives Fund may receive payments of principal and interest as passed through by the bank originating the whole loans and issuing the participation interests.

(m) Pass-Through Certificates. The Diversified Alternatives Fund may invest in pass-through certificates, which are a form of asset-backed security that is backed by a pool of whole loans originated or sourced by one or more alternative lending platforms and that represents the right of the holder to receive specified distributions in respect of such whole loans; specifically, holders are entitled to receive payments on account of principal and interest payments made by borrowers on the underlying loans, as well as proceeds from the sale or liquidation of any loan underlying the pass-through certificate, net of fees, expenses and other amounts payable to the issuer, trustee, originating platform(s) or other third parties as required. Unlike many other asset-backed securities, pass-through certificates are generally not issued with multiple tranches; instead, all holders of a particular certificate share a pro rata interest in the underlying pool of whole loans and distributions with respect thereto.

(n) Asset-Backed Securities. The Diversified Alternatives Fund may invest in, and sells certain of its alternative lending-related investments to, securitization vehicles, formed by alternative lending platforms or third parties for the purpose of acquiring alternative lending-related investments and issuing securities, the payments on which are funded by payments received on such entities’ underlying investments. Such asset-backed securities, including mortgage-backed securities, may be issued in different tranches of debt and residual equity interests with different rights and preferences. The Diversified Alternatives Fund may hold any tranche of such asset-backed securities. The volume and frequency of the Diversified Alternatives Fund’s sales of pools of loans to securitization vehicles may increase as a more active and reliable secondary market develops over time.

(o) Shares, Certificates, Notes or Other Securities. The Diversified Alternatives Fund may invest in shares, certificates, notes or other securities representing the right to receive principal and interest payments due on fractions of whole loans or pools of whole loans. The platform or a separate special purpose entity organized by or on behalf of the platform may hold the whole loans underlying such investments on its books and issue to the Diversified Alternatives Fund, as an investor, a share, certificate, note or other security, the payments on which track and depend upon the borrower payments on the underlying loans. As with whole loans, the platforms or third-party servicers typically continue to service the underlying loans on which the performance of such securities is based. Such securities may be linked to any of the types of whole loans in which the Diversified Alternative Fund may invest directly. Such securities may also track fractions of a whole loan. These securities may be sold through publicly registered offerings or through unregistered private offerings.

Stone Ridge Funds Annual Report October 31, 2023

180

Notes to Financial Statements October 31, 2023

(p) Equity Securities. The Diversified Alternatives Fund may invest directly or indirectly in equity securities of both non-U.S. and U.S. small and mid-cap companies.

(q) Debt Securities. The Diversified Alternatives Fund may have exposure to the debt securities of U.S. or non-U.S. issuers. These debt securities may have fixed or floating interest rates; may or may not be collateralized; and may be below investment grade or unrated but judged by the Adviser to be of comparable quality (debt securities that are below investment grade are commonly called “junk bonds”). The Diversified Alternatives Fund has no limits as to the maturity of debt securities in which it invests directly or indirectly. Such investments may be within any maturity range (short, medium or long) depending on the Adviser’s evaluation of investment opportunities available within the debt securities market. Similarly, the Diversified Alternatives Fund has no limits as to the market capitalization range of the issuers.

(r) Distributions to Shareholders. The Funds intend to distribute to their shareholders, on a tax basis, any net investment income and any net realized long- or short-term capital gains, if any, at least annually. Distributions are recorded on the ex-dividend date. The Funds each may periodically make reclassifications among certain of their capital accounts as a result of the characterization of certain income and realized gains determined annually in accordance with federal tax regulations that may differ from GAAP.

(s) Foreign Securities and Currency Transactions. The Funds’ books and records are maintained in U.S. dollars. Foreign currency denominated transactions (i.e., market value of investment securities, assets and liabilities, purchases and sales of investment securities, and income and expenses) are translated into U.S. dollars at the current rate of exchange. The Funds do not isolate that portion of results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of securities held.

The Funds may invest in reinsurance-related securities issued by foreign sovereigns and foreign entities that are corporations, partnerships, trusts or other types of business entities. Because the majority of reinsurance-related security issuers are domiciled outside the United States, the Funds will normally invest a significant amount of its assets in non-U.S. entities. Accordingly, the Funds may invest without limitation in securities issued by non-U.S. entities, including those in emerging market countries. Certain SPVs in which the Funds invests may be sponsored by non-U.S. insurers that are not subject to the same regulation as that to which U.S. ceding insurers are subject. Such SPVs may pose a greater risk of loss, for example due to less stringent underwriting and/or risk-retention requirements. The Funds’ investments will consist primarily of event-linked bonds, Quota Share Notes and ILW Notes that provide the Funds with contractual rights under the terms of the bond issuance. While the contractual rights of such instruments are similar whether they are issued by a U.S. issuer or a non-U.S. issuer, there may be certain additional risks associated with non-U.S. issuers. For example, foreign issuers could be affected by factors not present in the United States, including expropriation, confiscatory taxation, lack of uniform accounting and auditing standards, less publicly available financial and other information, potential difficulties in enforcing contractual obligations, and increased costs to enforce applicable contractual obligations outside the United States. Fluctuations in foreign currency exchange rates and exchange controls may adversely affect the market value of the Funds’ investments in foreign securities. Settlements of securities transactions in foreign countries are subject to risk of loss, may be delayed and are generally less frequent than in the United States, which could affect the liquidity of the Funds’ assets.

If the Funds invest in foreign issuers by purchasing American Depositary Receipts (“ADRs”) (U.S. dollar-denominated depositary receipts issued generally by banks and representing the deposit with the bank of a security of a non-U.S. issuer; ADRs are publicly traded on exchanges or over-the counter in the United States), the Funds are exposed to credit risk with respect to the issuer of the ADR, in addition to the risks of the underlying foreign securities.

(t) Allocation of Income, Expenses, Gains/Losses. Income, expenses (other than those deemed attributable to a specific share class), and gains and losses of each fund are allocated daily to each share class based upon the ratio of net assets represented by each class as a percentage of the net assets of each fund. Expenses deemed directly attributable to a class of shares are recorded by the specific class. Most expenses are allocated based on average net assets, with the exception of the High Yield Reinsurance Fund’s 12b-1 fees, which are expensed at 0.15% of average daily net assets of the Class M shares.

Stone Ridge Funds Annual Report October 31, 2023

181

Notes to Financial Statements October 31, 2023

(u) Other. Investment transactions are recorded on the trade date. Dividend income, less any foreign tax withheld, is recognized on the ex-dividend date and interest income is recognized on an accrual basis, including amortization/accretion of premiums or discounts. Discounts and premiums on securities purchased are amortized over the lives of the respective securities using the constant yield method. Realized gains and losses on securities sold are calculated on a first-in, first-out basis.

(v) Restricted Securities. The Funds may invest a substantial portion of their assets in securities that are restricted, but eligible for purchase and sale by certain qualified institutional buyers, as defined in Rule 144A under the Securities Act of 1933, as amended, as well as other restricted securities. Restricted securities may be resold in transactions that are exempt from registration under Federal securities laws or if the securities are publicly registered. Restricted securities may be deemed illiquid.

(w) REIT Distributions. The character of distributions received from real estate investment trusts (“REITs”) held by the Funds is generally made up of net investment income, capital gains, and return of capital. It is the policy of the Funds to estimate the character of distributions received from underlying REITs based on historical data provided by the REITs. After each calendar year end, REITs report the actual tax character of these distributions. Differences between the estimated and actual amounts reported by the REITs are reflected in the Funds’ records in the year in which they are reported by the REITs by adjusting related investment cost basis, capital gains and income, as necessary.

(x) Rule 18f-4. The SEC adopted new regulations under the 1940 Act governing the use of derivatives and certain related instruments by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a Fund can enter into, eliminates the asset segregation framework previously used by funds to comply with Section 18 of the 1940 Act, and requires funds whose use of derivatives is greater than a limited specified amount to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. The High Yield Reinsurance Fund qualifies as a “limited derivatives user” as defined under Rule 18f-4 and as such, has adopted policies and procedures reasonably designed to manage such fund’s derivatives risk to ensure the Fund’s derivatives exposure remains limited. As required by Rule 18f-4, the Diversified Alternatives Fund has adopted and implemented a derivatives risk management program to govern its use of derivatives and appointed a derivatives risk manager. The derivatives risk manager is appointed by the Board and conducts periodic reviews of the derivatives risk management program and reports findings back to the Board. Rule 18f-4 restricts each Fund’s ability to engage in certain derivatives transactions and may increase the costs related to the Fund’s use of such derivatives transactions, which could adversely affect the value or performance of a Fund. In addition, the Diversified Alternatives Fund has elected to treat reverse repurchase agreements and similar financing transactions as derivatives for purposes of Rule 18f-4.

(y) New Accounting Pronouncements. In March 2020, FASB issued Accounting Standards Update 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”) and in December 2022, the FASB issued Accounting Standards Update 2022-06, Reference Rate Reform (Topic 848), Deferral of the Sunset Date of Topic 848: Scope (“ASU 2022-06”), which provides optional, temporary relief with respect to the financial reporting of contracts subject to certain types of modifications due to the planned discontinuation of the London Interbank Offered Rate (“LIBOR”) and other interbank offered rates as of the end of 2021. The temporary relief provided by ASU 2020-04 and ASU 2022-06 is effective for certain reference rate-related contract modifications that occur during the period from March 12, 2020 through December 31, 2024. Management is evaluating the impact of ASU 2020-04 and ASU 2022-06 on the Fund’s investments, derivatives, debt and other contracts that will undergo reference rate-related modifications as a result of the reference rate reform. Management is also currently actively working with other financial institutions and counterparties to modify contracts as required by applicable regulation and within regulatory deadlines.

(z) Market Volatility. The value of the securities in the Fund may go up or down in response to the prospects of individual companies and/or general economic conditions. Price changes may be short- or long-term. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issue, recessions, or other events could have a significant impact on the Fund and its investments, including hampering the ability of the Adviser to invest the Fund’s assets as intended.

3. Federal Tax Matters

Provisions for federal income taxes or excise taxes have not been made because the Funds intend to be taxed as RICs and intend to distribute substantially all taxable income to shareholders and otherwise comply with the provisions of the

Stone Ridge Funds Annual Report October 31, 2023

182

Notes to Financial Statements October 31, 2023

Internal Revenue Code applicable to RICs. Distributions from net realized gains for book purposes may include short-term capital gains which are included as ordinary income to shareholders for tax purposes. Additionally, GAAP requires that certain components of net assets relating to permanent differences be reclassified between financial and tax reporting. The reclassifications have no effect on net assets or NAV per share.

For the year October 31, 2023, the effect of permanent “book/tax” reclassifications resulted in increases and decreases to components of the Funds’ net assets as follows:

	TOTAL DISTRIBUTABLE EARNINGS/(LOSS)			PAID IN CAPITAL
High Yield Reinsurance Fund	$	14,719,962		$	(14,719,962	)
Diversified Alternatives Fund		(51,569,319	)		51,569,319

These differences primarily relate to realized foreign currency gains/(losses), investments in passive foreign investment companies and controlled foreign corporations, treatment of realized and unrealized losses on distressed loans, redemptions in kind gains and losses, and non-deductible excise taxes paid.

	HIGH YIELD REINSURANCE RISK PREMIUM FUND			DIVERSIFIED ALTERNATIVES FUND
Tax cost of investments	$	2,375,394,594		$	1,066,022,703
Unrealized appreciation		88,398,002			28,678,036
Unrealized depreciation		(167,050,315	)		(105,269,978	)
Net unrealized appreciation (depreciation)		(78,652,313	)		(76,591,942	)
Undistributed ordinary income		108,919,794			124,941,408
Undistributed long-term gain (capital loss carryover)		(113,161,300	)		(57,517,546	)
Distributable earnings		(4,241,506	)		67,423,862
Other accumulated earnings (loss)		21,223,025			8,193,628
Total accumulated gain (loss)	$	(61,670,794	)	$	(974,452	)

The tax character of distributions paid during the period ended October 31, 2023 was as follows:

	ORDINARY INCOME		LONG-TERM CAPITAL GAIN		RETURN OF CAPITAL		TOTAL
High Yield Reinsurance Fund	$	149,857,899	$	—	$	—	$	149,857,899
Diversified Alternatives Fund		9,414,732		5,008,666		—		14,423,398

Each of the Funds designate as long-term capital gain dividend, pursuant to Internal Revenue Code Section 852(b)(3), the amount necessary to reduce the earnings and profits of the Funds related to net capital gain to zero for the tax year ended October 31, 2023.

The tax character of distributions paid during the period ended October 31, 2022 was as follows:

	ORDINARY INCOME		LONG-TERM CAPITAL GAIN		RETURN OF CAPITAL		TOTAL
High Yield Reinsurance Fund	$	64,138,892	$	—	$	—	$	64,138,892
Diversified Alternatives Fund		15,355,242		2,954,443		—		18,309,685

As of October 31, 2023 certain Funds have tax basis capital losses which may be carried forward indefinitely to offset future capital gains as shown below:

	SHORT-TERM			LONG-TERM			TOTAL
High Yield Reinsurance Fund	$	(6,636,555	)	$	(106,524,745	)	$	(113,161,300	)
Diversified Alternatives Fund(1)		(43,650,798	)		(13,866,749	)		(57,517,547	)

(1) Tax basis short-term capital losses of $(44,282,971) and long-term capital losses of $(14,067,574) were transferred from the All Asset VRP Fund to the Diversified Alternatives Fund as a result of the acquisition of the former by the latter on February 5, 2021. Utilization of these losses is subject to limitation under IRC Section 382.

Stone Ridge Funds Annual Report October 31, 2023

183

Notes to Financial Statements October 31, 2023

There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year October 31, 2023, or for any other tax years which are open for exam. As of October 31, 2023, open tax years include the periods ended October 31, 2021, 2022 and 2023. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statement of Operations. During the year, the Funds did not incur any interest or penalties.

4. Agreements

(a) Investment Management Agreement. The Adviser is the Funds’ investment adviser and was organized as a Delaware limited liability company in 2012. The Adviser’s primary business is to provide a variety of investment management services, including an investment program for the Funds.

As compensation for its services, the Adviser is paid by the High Yield Reinsurance Fund a fee, computed daily and paid monthly in arrears, at the annual rate of 1.50% of the Fund’s average daily net assets. As compensation for its services, the Adviser is paid by the Diversified Alternatives Fund a fee, computed daily and paid monthly in arrears, at the annual rate of (i) 0.00% of the Fund’s average daily net assets invested in any other fund advised by the Adviser and (ii) 1.50% of the Fund’s average daily net assets invested in other investments.

Through February 28, 2024 for the High Yield Reinsurance Fund, the Adviser has agreed to waive its advisory fee and/or pay or otherwise bear operating and other expenses of the Fund or classes thereof (excluding brokerage and transactional expenses, borrowing and other investment-related costs and fees including interest and commitment fees, short dividend expense, acquired fund fees and expenses, taxes, litigation and indemnification expenses, judgments and extraordinary expenses not incurred in the ordinary course of the Fund’s business collectively, the (“Excluded Expenses”) solely to the extent necessary to limit the Fund’s total annual fund operating expenses, other than the Excluded Expenses, to 1.70% for Class I shares and 1.85% for Class M shares of the High Yield Reinsurance Fund (prior to March 1, 2022, 1.65% for Class I shares and 1.80% for class M shares). Through February 28, 2024 for the Diversified Alternatives Fund, the Adviser has agreed to waive its advisory fee and/or pay or otherwise bear operating and other expenses of the Fund or classes thereof (excluding the Fund’s investment management fee, financial intermediary fees and expenses (including shareholder servicing fees and expenses, sub-transfer agency servicing fees and expenses and fees and expenses for custodial services rendered to shareholders), brokerage and transactional expenses; borrowing and other investment-related costs and fees including interest payments on borrowed funds, loan servicing fees, loan collection and administration fees and expenses; interest and commitment fees; short dividend expense; acquired fund fees and expenses; taxes; litigation and indemnification expenses; judgments; and extraordinary expenses not incurred in the ordinary course of the Fund’s business (collectively, the “Excluded Diversified Alternatives Expenses”)) solely to the extent necessary to limit the Diversified Alternatives Fund’s total annual fund operating expenses, other than Excluded Diversified Alternatives Expenses, to 0.40% for the Class I and Class J shares of the Diversified Alternatives Fund (prior to January 22, 2021, 0.55% for the Class J shares, previously Class M shares, of the Diversified Alternatives Fund). With respect to each Fund, the Adviser is permitted to recoup in later periods expenses attributable to a Class that the Adviser has paid or otherwise borne (whether through reduction of its advisory fee or otherwise) to the extent that the expenses for the Class of shares fall below the annual limitation rate in effect at the time of the actual waiver/reimbursement and to the extent that they do not cause the Class to exceed the annual rate in effect at the time of the recoupment. However, the Adviser shall not be, and under the expense limitation agreements that were in place during the period covered by this report the Adviser was not, permitted to recoup any such fees or expenses beyond three years from the month end in which the Adviser reduced a fee or reimbursed an expense. The Adviser has waived and recouped amounts as disclosed in each Fund’s Statement of Operations. As of October 31, 2023, the remaining amount of waived fees subject to be recouped in future years are as follows:

FUND	REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2024)		REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2025)		REMAINING AMOUNT TO BE RECOUPED (EXPIRING BY OCTOBER 31, 2026)
High Yield Reinsurance Fund	$	563,960	$	125,053	$	111,043
Diversified Alternatives Fund		1,388,393		1,046,965		592,721

Stone Ridge Funds Annual Report October 31, 2023

184

Notes to Financial Statements October 31, 2023

(b) Custodian, Administrator and Transfer Agent. The custodian to the Trust is U.S. Bank, N.A. The administrator and transfer agent to the Trust is U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services (the “Transfer Agent”), an affiliate of U.S. Bank, N.A.

(c) Distributor. ALPS Distributors, Inc. (the “Distributor”) serves as the Funds’ distributor.

5. Distribution and Service Arrangements

Financial intermediaries may provide varying investment products, programs, platforms and accounts for the benefit of shareholders. Such intermediaries generally charge fees in connection with a variety of services, which may include (i) personal and account maintenance services, sub-transfer agency services and custodial services rendered to shareholders who are customers of the intermediary, including electronic transmission and processing of orders, electronic fund transfers between shareholders and the relevant Fund, reinvestment of distributions, settlement and reconciliation of transactions, liaising with the Transfer Agent, facilitation of electronic delivery to shareholders of Fund documentation, monitoring shareholder accounts for back-up withholding and any other special tax reporting obligations, maintenance of books and records with respect to the foregoing, and other similar services (fees for such services, “servicing fees”) and/or (ii) activities or expenses primarily intended to result in the sale of shares (fees for such services, if any, “distribution fees” and, together with servicing fees, “intermediary fees”). Such fees may be based on the number of accounts or may be a percentage of the average value of accounts for which the intermediary provides services, and are intended to compensate intermediaries for their provision of services of the type that would be provided by the Transfer Agent or other service providers if the shares were registered on the books of the relevant Fund. The Funds do not believe that any portion of fees currently paid to financial intermediaries are distribution fees.

For the High Yield Reinsurance Fund, intermediary fees may be paid pursuant to a Distribution Plan (“12b-1 Plan”) adopted by the Fund with respect to its Class M shares, at the maximum annual rate of 0.15% of the Fund’s average daily net assets attributable to Class M. These fees are paid out of the Fund’s Class M shares’ assets on an ongoing basis and may be administered or facilitated by the Distributor. Because Rule 12b-1 fees are paid out of the Fund’s Class M shares’ assets on an ongoing basis, over time these fees will increase the cost of a shareholder’s investment and may cost you more than other types of sales charges. If amounts remain from the Rule 12b-1 fees after the intermediaries have been paid, such amounts are reimbursed to the Fund. The Distributor does not retain any portion of the Rule 12b-1 fees. To the extent that there are expenses associated with shareholder services that exceed the amounts payable pursuant to the 12b-1 Plan, the Class M shares of each Fund will bear such expenses. For Class I shares of the Fund, the Adviser pays all intermediary fees.

For the Diversified Alternatives Fund, intermediary fees may be paid out of the Fund’s Class J shares’ assets on an ongoing basis. Because these intermediary fees are paid out of the Fund’s Class J shares’ assets on an ongoing basis, over time these fees will increase the cost of a shareholder’s investment and may cost you more than other types of charges. For Class J shares, the Adviser pays a portion of the intermediary fees, and the Class J shares bear the remainder. For Class I shares, the Adviser pays all intermediary fees. For the year ended October 31, 2023 intermediary fees of $109,971 were paid by Class J shares.

6. Related Parties

Certain officers of the Trust are also employees of the Adviser. The officers, with the exception of the Chief Compliance Officer, are not compensated by the Trust. The Trust pays a portion of the Chief Compliance Officer’s salary.

7. Investment Transactions

For the year ended October 31, 2023, aggregate purchases and sales of securities (excluding short-term securities) by the Funds were as follows:

	HIGH YIELD REINSURANCE FUND		DIVERSIFIED ALTERNATIVES FUND
Purchases	$	994,912,590	$	509,281,769
Sales		544,151,463		295,903,916
U.S. Government Security Purchases		—		—
U.S. Government Security Sales		—		—

Stone Ridge Funds Annual Report October 31, 2023

185

Notes to Financial Statements October 31, 2023

8. Capital Share Transactions

HIGH YIELD REINSURANCE FUND - CLASS I	YEAR ENDED OCTOBER 31, 2023			YEAR ENDED OCTOBER 31, 2022
Shares sold		145,767,979			80,073,730
Shares issued to holders in reinvestment of dividends		9,129,144			3,820,392
Shares redeemed		(89,738,621	)		(49,108,633	)
Net increase in shares		65,158,502			34,785,489
Shares outstanding:
Beginning of year		175,664,118			140,878,629
End of year		240,822,620			175,664,118
HIGH YIELD REINSURANCE FUND - CLASS M
Shares sold		4,203,658			4,741,692
Shares issued to holders in reinvestment of dividends		770,399			580,109
Shares redeemed		(9,449,455	)		(6,160,269	)
Net increase (decrease) in shares		(4,475,398	)		(838,468	)
Shares outstanding:
Beginning of year		15,622,799			16,461,267
End of year		11,147,401			15,622,799
DIVERSIFIED ALTERNATIVES FUND - CLASS I
Shares sold		47,579,818			30,712,516
Shares issued to holders in reinvestment of dividends		1,174,621			1,457,004
Shares redeemed		(8,633,335	)		(8,616,572	)
Net increase in shares		40,121,104			23,552,948
Shares outstanding:
Beginning of year		41,548,599			17,995,651
End of year		81,669,703			41,548,599
DIVERSIFIED ALTERNATIVES FUND - CLASS J
Shares sold		1,108,107			2,318,941
Shares issued to holders in reinvestment of dividends		88,391			94,234
Shares redeemed		(612,697	)		(447,584	)
Net increase in shares		583,801			1,965,591
Shares outstanding:
Beginning of year		3,141,292			1,175,701
End of year		3,725,093			3,141,292

Stone Ridge Funds Annual Report October 31, 2023

186

Notes to Financial Statements October 31, 2023

9. Transactions with Affiliate

The following is a summary of transactions during the year ended October 31, 2023 in which the issuer was an affiliate of the Fund as defined in Section (2)(a)(3) of the 1940 Act:

DIVERSIFIED ALTERNATIVES FUND(1)
STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM—CLASS I
November 1, 2022 Balance
Shares		24,493,586
Cost	$	218,424,974
Additions
Shares		6,943,366
Cost	$	59,361,488
Reductions
Shares		30,717,156
Cost	$	271,421,291
October 31, 2023 Balance
Shares		719,796
Cost	$	6,365,171
Value	$	6,614,922
Dividend Income	$	9,549,074
Realized Gain/(Loss)	$	(6,421,291	)
Change in Unrealized Appreciation	$	20,521,614

(1) The Diversified Alternatives Fund is not paying advisory fees on its holdings of the High Yield Reinsurance Fund as the Adviser is paid an advisory fee from the High Yield Reinsurance Fund.

(2) On April 21, 2023 and July 7, 2023, the Diversified Alternatives Fund redeemed 20,348,837 and 6,833,713 shares, respectively, of the High Yield Reinsurance Fund with a value of $175,000,000 and $60,000,000, respectively. The redemptions were satisifed with a cash payment in the amount of $2,693,668 and $10,752,847, respectively, and an in kind payment of securities that had a value of $172,306,332 and $49,247,153, respectively. The Diversified Alternatives Fund recorded a realized loss of $6,269,824 and gain of $1,787,223, on the in kind redemptions. The High Yield Reinsurance Fund recorded a realized loss of $15,131,635 and a realized gain of $794,221, on the payment in kind on shares redeemed by Diversified Alternatives Fund.

10. Financing Facility

The High Yield Reinsurance Fund obtains leverage through a 29-day rolling facility (the “Facility”). The Facility, when drawn, is secured by the Fund’s assets, particularly catastrophe bonds which are posted as collateral. The Facility’s maximum withdraw capacity is $125,000,000. Through the year ended October 31, 2023, the High Yield Reinsurance Fund’s maximum borrowing was $36,500,000 and average borrowing was $7,259,590. This borrowing resulted in interest expenses of $429,872 at a weighted average interest rate of 6.12% and is included in the High Yield Reinsurance Fund’s Statement of Operations. As of October 31, 2023, the High Yield Reinsurance Fund had an no outstanding balance.

The Funds may obtain leverage through borrowings in seeking to achieve their investment objectives. The Funds share a $75,000,000 umbrella line of credit in the form of an unsecured loan agreement with U.S. Bank National Association, which is effective November 28, 2017 through October 19, 2024. With respect to the High Yield Reinsurance Fund and the Diversified Alternatives Fund, the maximum withdrawal capacity for each Fund is 33.33% of the net market value of the assets of such Fund (not to exceed $75,000,000 outstanding across all Funds). The Funds did not borrow form the umbrella line of credit during the year ended October 31, 2023.

11. Subsequent Events Evaluation

In preparing these financial statements, the Funds have evaluated events and transactions for potential recognition or disclosure resulting from subsequent events through the date the financial statements were issued. The evaluation did not result in any subsequent events that necessitated disclosures and/or adjustments.

Stone Ridge Funds Annual Report October 31, 2023

187

Report of Independent Registered Public Accounting Firm

To the Shareholders and the Board of Trustees of Stone Ridge High Yield Reinsurance Risk Premium Fund and Stone Ridge Diversified Alternatives Fund of Stone Ridge Trust

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities (consolidated for Stone Ridge Diversified Alternatives Fund) of Stone Ridge Trust (the “Trust”) (comprising Stone Ridge High Yield Reinsurance Risk Premium Fund and Stone Ridge Diversified Alternatives Fund (collectively referred to as the “Funds”)), including the schedules of investments (consolidated for Stone Ridge Diversified Alternatives Fund), as of October 31, 2023, and the related statements of operations (consolidated for Stone Ridge Diversified Alternatives Fund), cash flows (consolidated for Stone Ridge Diversified Alternatives Fund), and changes in net assets (consolidated for Stone Ridge Diversified Alternatives Fund), and the financial highlights (consolidated for Stone Ridge Diversified Alternatives Fund) for each of the periods indicated in the table below and the related notes (collectively referred to as the “financial statements”).

In our opinion, the financial statements present fairly, in all material respects, the financial position (consolidated for Stone Ridge Diversified Alternatives Fund) of each of the Funds comprising the Trust at October 31, 2023, the results of their operations (consolidated for Stone Ridge Diversified Alternatives Fund), cash flows (consolidated for Stone Ridge Diversified Alternatives Fund), changes in net assets (consolidated for Stone Ridge Diversified Alternatives Fund) and financial highlights (consolidated for Stone Ridge Diversified Alternatives Fund) for each of the periods indicated in the table below, in conformity with U.S. generally accepted accounting principles.

INDIVIDUAL FUND CONSTITUTING THE STONE RIDGE TRUST	STATEMENTS OF OPERATIONS AND CASH FLOWS	STATEMENTS OF CHANGES IN NET ASSETS	FINANCIAL HIGHLIGHTS
Stone Ridge High Yield Reinsurance Risk Premium Fund	For the year ended October 31, 2023	For each of the two years in the period ended October 31, 2023	For each of the five years in the period ended October 31, 2023

INDIVIDUAL FUND CONSTITUTING THE STONE RIDGE TRUST	CONSOLIDATED STATEMENTS OF OPERATIONS AND CASH FLOWS	CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS	CONSOLIDATED FINANCIAL HIGHLIGHTS
Stone Ridge Diversified Alternatives Fund	For the year ended October 31, 2023	For each of the two years in the period ended October 31, 2023	For each of the three years in the period ended October 31, 2023 and the period from May 1, 2020 (commencement of operations) through October 31, 2020

Basis for Opinion

These financial statements are the responsibility of the Trust’s management. Our responsibility is to express an opinion on each of the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Trust in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Trust is not required to have, nor were we engaged to perform, an audit of the Trust’s internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included

Stone Ridge Funds Annual Report October 31, 2023

188

Report of Independent Registered Public Accounting Firm

examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of October 31, 2023 by correspondence with the custodian, brokers and others. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as the auditor of one or more of the Stone Ridge investment companies since 2013.

Minneapolis, Minnesota

December 29, 2023

Stone Ridge Funds Annual Report October 31, 2023

189

Expense Examples (Unaudited)

As a shareholder of the Stone Ridge Funds, you incur ongoing costs, including investment advisory fees, distribution and/or shareholder servicing fees, and other fund expenses, which are indirectly paid by shareholders. This example is intended to help you understand your ongoing costs (in U.S. dollars) of investing in a Stone Ridge Fund and to compare these costs with the ongoing costs of investing in other mutual funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period from May 1, 2023 through October 31, 2023.

Actual Expenses

The first line on each table below provides information about actual account values and actual expenses. However, the table does not include shareholder specific fees, such as the $15.00 fee charged for wire redemptions by the Funds’ transfer agent. The table also does not include portfolio trading commissions and related trading costs. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during the period.

Hypothetical Example For Comparison Purposes

The second line on each table below provides information about hypothetical account values and hypothetical expenses based on the actual expense ratios for each share class of the Funds and an assumed rate of return of 5% per year before expenses, which is not the Funds’ actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Funds and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other fund. Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads), redemption fees, or exchange fees. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relevant total cost of owning different funds.

Stone Ridge High Yield Reinsurance Risk Premium Fund — Class I

	BEGINNING ACCOUNT VALUE MAY 1, 2023		ENDING ACCOUNT VALUE OCTOBER 31, 2023		EXPENSES PAID DURING PERIOD* MAY 1, 2023 – OCTOBER 31, 2023
Actual	$	1,000.00	$	1,109.87	$	9.41
Hypothetical (5% annual return before expenses)	$	1,000.00	$	1,016.28	$	9.00

* Expenses are equal to the share class’s annualized six-month expense ratio of 1.77%, multiplied by the average account value over the period, multiplied by 184/365 to reflect the partial year period.

Stone Ridge High Yield Reinsurance Risk Premium Fund — Class M

	BEGINNING ACCOUNT VALUE MAY 1, 2023		ENDING ACCOUNT VALUE OCTOBER 31, 2023		EXPENSES PAID DURING PERIOD* MAY 1, 2023 – OCTOBER 31, 2023
Actual	$	1,000.00	$	1,110.39	$	9.47
Hypothetical (5% annual return before expenses)	$	1,000.00	$	1,016.23	$	9.05

* Expenses are equal to the share class’s annualized six-month expense ratio of 1.78%, multiplied by the average account value over the period, multiplied by 184/365 to reflect the partial year period.

Stone Ridge Funds Annual Report October 31, 2023

190

Expense Examples (Unaudited)

Stone Ridge Diversified Alternatives Fund — Class I

	BEGINNING ACCOUNT VALUE MAY 1, 2023		ENDING ACCOUNT VALUE OCTOBER 31, 2023		EXPENSES PAID DURING PERIOD* MAY 1, 2023 – OCTOBER 31, 2023
Actual	$	1,000.00	$	1,115.14	$	10.61
Hypothetical (5% annual return before expenses)	$	1,000.00	$	1,015.22	$	10.11

* Expenses are equal to the share class’s annualized six-month expense ratio of 1.98%, multiplied by the average account value over the period, multiplied by 184/365 to reflect the partial year period.

Stone Ridge Diversified Alternatives Fund — Class J

	BEGINNING ACCOUNT VALUE MAY 1, 2023		ENDING ACCOUNT VALUE OCTOBER 31, 2023		EXPENSES PAID DURING PERIOD* MAY 1, 2023 – OCTOBER 31, 2023
Actual	$	1,000.00	$	1,114.86	$	12.21
Hypothetical (5% annual return before expenses)	$	1,000.00	$	1,013.76	$	11.62

* Expenses are equal to the share class’s annualized six-month expense ratio of 2.27%, multiplied by the average account value over the period, multiplied by 184/365 to reflect the partial year period.

Stone Ridge Funds Annual Report October 31, 2023

191

Additional Information (Unaudited)

1. Board Approval of the Continuation of the Investment Management Agreements

Throughout the year, the Board of Trustees (the “Board”) of Stone Ridge Trust (the “Trust”), including the members of the Board who are not “interested persons” of the Trust (as that term is defined in the Investment Company Act of 1940, as amended (the “1940 Act”)) (the “Independent Trustees”), considers matters bearing on the investment management agreements between Stone Ridge Asset Management LLC (the “Adviser”) and the Trust, on behalf of each series of the Trust. On an annual basis, the Board, including the Independent Trustees, holds a meeting to determine whether to approve the continuation, ordinarily for an additional one-year period, of any investment management agreements that are proposed to be renewed.

At a meeting held on October 23, 2023, the Board, including a majority of the Independent Trustees, considered and approved the continuation for a one-year period of each of the investment management agreements (the “Existing Agreements”) between the Adviser and the Trust on behalf of Stone Ridge High Yield Reinsurance Risk Premium Fund (the “High Yield Reinsurance Fund”) and Stone Ridge Diversified Alternatives Fund (the “Diversified Alternatives Fund” and together with High Yield Reinsurance Fund, the “Funds”). Prior to the meeting, the Independent Trustees received a memorandum from independent counsel describing their responsibilities in connection with the approval of the Existing Agreements. In evaluating each Existing Agreement, the Board considered information and materials furnished by the Adviser in advance of and at the meeting and was afforded the opportunity to request additional information and to ask questions of the Adviser to obtain information that it believed to be reasonably necessary to evaluate the terms of the Existing Agreements.

The Board’s consideration of each Existing Agreement included but was not limited to: (1) the nature, extent and quality of the services provided by the Adviser; (2) the investment performance of the Funds and the Adviser; (3) the cost of the services provided and the profits and other benefits realized by the Adviser from its relationship with each Fund; and (4) the extent to which economies of scale may be realized as the Funds grow and whether fee levels reflect such economies of scale for the benefit of shareholders of the Funds. In determining whether to approve the continuation of the Existing Agreements, the Board, including the Independent Trustees, did not identify any single factor as determinative; individual trustees may have evaluated the information presented differently from one another, giving different weights to various factors.

In considering the nature, extent and quality of the services provided by the Adviser, the Board considered the investment management services provided by the Adviser, including management of each Fund’s portfolio in accordance with its investment objective, investment policies, investment restrictions and applicable law; the unique and complex nature of the Funds’ investment programs in the registered fund space; investment selection and monitoring; selection of trading counterparties and order management; the creation and implementation of ongoing analytical and risk management strategies; the Adviser’s investment in infrastructure, proprietary software, technology and personnel needed to implement each Fund’s investment program; and the oversight and/or implementation of policies and procedures necessary to fulfill these responsibilities.

The Board also considered other services provided by the Adviser, including proxy voting (to the extent applicable), monitoring potential conflicts of interest and maintaining regulatory compliance programs for the Funds. In addition, the Board considered the qualifications and professional backgrounds of the Adviser’s personnel who provide significant advisory or other services to each Fund under the applicable Existing Agreement and analyzed the Adviser’s ongoing ability to service the Funds through such personnel. Based on this and related information, the Board, including the Independent Trustees, concluded that the nature, extent and quality of services supported the continuation of the Existing Agreements.

In considering the investment performance of the Funds and the Adviser, the Board reviewed information provided by the Adviser relating to each Fund’s performance together with the performance of each Fund’s corresponding indices. For each Fund, the Board considered the performance information for the one-month, three-month, six-month, one-year, three-year and five-year periods ended August 31, 2023 as well as for the period ended August 31, 2023 since each Fund’s inception. The Board also reviewed performance information for funds within Morningstar categories of U.S. non-traditional bond fund strategies and U.S. fund miscellaneous strategies (for the High Yield Reinsurance Fund) and U.S. fund multi-strategies (for the Diversified Alternatives Fund), in each case, with specified characteristics and within a specified size range relative to the Funds, as determined by the Adviser in consultation with the Funds’ third-party administrator (the “peer groups”). The Board considered the performance information for any comparable registered investment funds managed by the Adviser. The Board also considered the Adviser’s explanation that it does not manage

Stone Ridge Funds Annual Report October 31, 2023

192

Additional Information (Unaudited)

any other accounts with strategies similar to those of the Funds and that there are very few, if any, funds that follow investment strategies similar to those of the Funds due to the unique nature of the Funds’ investment strategies among registered funds, thus making it difficult to identify appropriate peer groups for the Funds and that the peer groups identified were based on an assessment of how the Adviser and the Funds’ third-party administrator believed Morningstar would likely categorize the Funds. The Board, including the Independent Trustees, concluded that each Fund’s performance in light of all relevant factors supported the renewal of the Existing Agreement relating to that Fund.

In considering the cost of services provided and the benefits realized by the Adviser from its relationship with each Fund, the Board considered the fees paid under each Existing Agreement, the expense ratio for each Fund and any contractual expense limitation undertaken by the Adviser. In considering the appropriateness of the management fees, expense ratios and expense limitations applicable to the Funds, the Board also compared this data against the corresponding information for the funds in the applicable peer group. The Board took into consideration information provided by the Adviser relating to the Adviser’s financial health, profitability and the benefits that the Adviser derives from the Existing Agreements. The Board also noted that the Adviser may receive reputational benefits from its relationships with the Funds. Based on the foregoing information and other factors deemed relevant, the Board, including the Independent Trustees, concluded that the management fee arrangements applicable to each of the Funds pursuant to the Existing Agreements were fair and reasonable and that the costs of the services the Adviser provided and the related benefits to the Adviser in respect of its relationships with the Funds supported the continuation of the Existing Agreements.

Finally, the Board considered the extent to which economies of scale in the provision of services by the Adviser would be realized as the Funds grow and whether the Funds’ fee levels reflect such economies of scale, such as through breakpoints in their investment management fees or through expense waiver and/or limitation agreements. The Board noted the Adviser’s views regarding its ability to achieve economies of scale in respect of the different asset classes represented by the Funds’ investment programs. In addition, the Board noted that each of the Funds was subject to a contractual expense limitation agreement. The Board noted that the Adviser generally sets the expense limitations for the Funds, if any, at levels that it believes reflect market levels for the services provided to, and expenses borne by, the Funds. After reviewing this and related information, the Board, including the Independent Trustees, concluded that the extent to which economies of scale currently are shared with the Funds supported the continuation of the Existing Agreements.

Based on a consideration and evaluation of all factors deemed to be relevant, including the foregoing matters and the Board’s determination that the continuation of each of the Existing Agreements was in the best interests of the shareholders, the Board, including the Independent Trustees, concluded that each of the Existing Agreements should be continued for a one-year period.

Stone Ridge Funds Annual Report October 31, 2023

193

Additional Information (Unaudited)

2. Disclosure Regarding Fund Trustees and Officers

Independent Trustees(1)
NAME (YEAR OF BIRTH)	POSITION(S) HELD WITH THE TRUST	TERM OF OFFICE AND LENGTH OF TIME SERVED(2)	PRINCIPAL OCCUPATION(S) DURING THE PAST 5 YEARS	NUMBER OF PORTFOLIOS IN THE FUND COMPLEX OVERSEEN BY TRUSTEE(3)	OTHER DIRECTORSHIPS/ TRUSTEESHIPS HELD BY TRUSTEE DURING THE PAST 5 YEARS
Jeffery Ekberg (1965)	Trustee	since 2013	Self-employed (personal investing), since 2011; Principal, TPG Capital, L.P. (private equity firm) until 2011; Chief Financial Officer, Newbridge Capital, LLC (subsidiary of TPG Capital, L.P.) until 2011	114	None.
Daniel Charney (1970)	Trustee	since 2013	Co-Head of Global Markets, TD Securities (investment bank) and Vice Chair of TD Cowen, a division of TD Securities (financial services firm) since 2023; Co-President, Cowen and Company, Cowen Inc. (financial services firm), until 2023	114	None.
Interested Trustee
NAME (YEAR OF BIRTH)	POSITION(S) HELD WITH THE TRUST	TERM OF OFFICE AND LENGTH OF TIME SERVED(2)	PRINCIPAL OCCUPATION(S) DURING THE PAST 5 YEARS	NUMBER OF PORTFOLIOS IN THE FUND COMPLEX OVERSEEN BY TRUSTEE(3)	OTHER DIRECTORSHIPS/ TRUSTEESHIPS HELD BY TRUSTEE DURING THE PAST 5 YEARS
Ross Stevens(4) (1969)	Trustee, Chairman	since 2013	Founder and Chief Executive Officer of Stone Ridge since 2012	114	None.

(1) Information as of October 31, 2023.

(2) Each Trustee serves until resignation or removal from the Board.

(3) The Fund Complex includes the Trust and Stone Ridge Trust II, Stone Ridge Trust IV, Stone Ridge Trust V, Stone Ridge Trust VIII, Stone Ridge Longevity Risk Premium Fixed Income Master Trust 2045 and trusts that invest substantially all of their assets in a series of Stone Ridge Longevity Risk Premium Fixed Income Master Trust 2045, other investment companies managed by the Adviser.

(4) Mr. Stevens is an “interested person” of the Trust, as defined in Section 2(a)(19) of the 1940 Act, due to his position with the Adviser.

Stone Ridge Funds Annual Report October 31, 2023

194

Additional Information (Unaudited)

The Statement of Additional Information includes additional information about the Fund’s Trustees and is available free of charge upon request by calling the Fund toll free at 1.855.609.3680.

Officers of the Trust
NAME (YEAR OF BIRTH) AND ADDRESS(1) (2)	POSITION(S) HELD WITH THE TRUST	TERM OF OFFICE AND LENGTH OF TIME SERVED(3)	PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS
Ross Stevens (1969)	President, Chief Executive Officer and Principal Executive Officer	since 2013	Founder of Stone Ridge Asset Management LLC, Chief Executive Officer of the Adviser, since 2012.
Lauren D. Macioce (1978)	Chief Compliance Officer, Secretary, Chief Legal Officer and Anti-Money Laundering Compliance Officer	since 2016	General Counsel and Chief Compliance Officer of the Adviser, since 2016.
Anthony Zuco (1975)	Treasurer, Principal Financial Officer, Chief Financial Officer and Chief Accounting Officer	since 2018	Supervising Fund Controller at the Adviser, since 2015.
Alexander Nyren (1980)	Assistant Secretary	since 2018	Head of Reinsurance of the Adviser, since 2018; member of Reinsurance portfolio management
Leson Lee (1975)	Assistant Treasurer	since 2019	Member of Operations at the Adviser, since 2018.
Domingo Encarnacion (1983)	Assistant Treasurer	since 2020	Tax Manager at the Adviser, since 2016.
Stanley Weinberg (1989)	Assistant Treasurer	since 2023	Member of Operations at the Adviser, since 2019
Daniel Gross (1984)	Assistant Treasurer	since 2023	Member of Operations at the Adviser, since 2019

(1) Each officer’s mailing address is c/o Stone Ridge Asset Management LLC, One Vanderbilt Avenue, 65th Floor, New York, NY 10017.

(2) Each of the officer’s is an affiliated person of the Adviser as a result of his or her position with the Adviser.

(3) The term of office of each Officer is indefinite.

3. Shareholder Notification of Federal Tax Status

For the fiscal year ended October 31, 2023, certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided for by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The percentage of dividends declared from ordinary income designated as qualified dividend income was as follows:

	PERCENTAGES
High Yield Reinsurance Fund		0.00	%
Diversified Alternatives Fund		0.00	%

Stone Ridge Funds Annual Report October 31, 2023

195

Additional Information (Unaudited)

For corporate shareholders, the percent of ordinary income distributions qualifying for the corporate dividends received deduction for the fiscal year October 31, 2023 was as follows:

	PERCENTAGES
High Yield Reinsurance Fund		0.00	%
Diversified Alternatives Fund		0.00	%

The percentage of taxable ordinary income distributions that are designated as short-term capital gain distributions under Internal Revenue Section 871(k)(2)(C) for each Fund were as follows:

	PERCENTAGES
High Yield Reinsurance Fund		0.00	%
Diversified Alternatives Fund		47.55	%

The percentage of taxable ordinary income distributions that are designated as interest related dividends under Internal Revenue Section 871(k)(1)(C) for each Fund were as follows:

	PERCENTAGES
High Yield Reinsurance Fund		1.67	%
Diversified Alternatives Fund		19.70	%

Shareholders should not use the above information to prepare their tax returns. Since the Funds’ fiscal year is not the calendar year, another notification is available with respect to calendar year 2023. Such notification, which reflects the amount to be used by calendar year taxpayers on their Federal income tax returns, will be made in conjunction with shareholder year-end tax reporting in February 2024. Shareholders are advised to consult their own tax advisors with respect to the tax consequences of their investment in the Fund.

4. Availability of Quarterly Portfolio Holdings Schedules

The Funds are required to file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Part F of Form N-PORT. The Funds’ filings on Part F of Form N-PORT are available without charge on the SEC’s website, www.sec.gov, or upon request by calling 1.855.609.3680.

5. Proxy Voting Policies and Procedures and Proxy Voting Record

A description of the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request by calling 1.855.609.3680 and on the SEC’s website, www.sec.gov. The Funds are required to file how they voted proxies related to portfolio securities during the most recent 12-month period ended June 30. The information is available without charge, upon request, by calling 1.855.609.3680 and on the SEC’s website, www.sec.gov.

6. Liquidity Risk Management Program

The Funds have adopted a liquidity risk management program (the “Program”) pursuant to Rule 22e-4 under the 1940 Act for the purpose of assessing and managing the Funds’ liquidity risk, which is the risk that a Fund could not meet requests to redeem shares issued by the Fund without significant dilution of remaining investors’ interests in the Fund. The Board has designated the Adviser to administer the Program, and the Adviser has established a Liquidity Risk Management Committee to be responsible for the Program’s operation. Under the Program, the Liquidity Risk Management Committee manages the Funds’ liquidity risk by monitoring the liquidity of each Fund’s investments, limiting the amount of each Fund’s illiquid investments, and utilizing various risk management tools available to the Funds for meeting shareholder redemptions, among other means. From November 1, 2022, through October 31, 2023, the Program supported the Funds’ ability to honor redemption requests timely and the Adviser’s management of the Funds’ liquidity risk. There can be no assurance that the Program will achieve its objectives under all circumstances in the future. Please refer to each Fund’s prospectus for more information regarding the Fund’s exposure to liquidity risk and other risks to which it may be subject.

Stone Ridge Funds Annual Report October 31, 2023

196

Investment Adviser

Stone Ridge Asset Management LLC

One Vanderbilt Avenue, 65th Floor

New York, NY 10017

Independent Registered Public Accounting Firm

Ernst & Young LLP

700 Nicollet Mall, Suite 500

Minneapolis, MN 55402

Legal Counsel

Ropes & Gray LLP

Prudential Tower

800 Boylston Street

Boston, MA 02199

Custodians

U.S. Bank, N.A.

1555 North RiverCenter Drive, Suite 302

Milwaukee, WI 53212

Millennium Trust Company, LLC

2001 Spring Road #700

Oak Brook, IL 60523

Distributor

ALPS Distributors, Inc.

1290 Broadway, Suite 1000

Denver, CO 80203

Administrator, Transfer Agent and Dividend Disbursing Agent

U.S. Bancorp Fund Services, LLC,

doing business as U.S. Bank Global Fund Services

615 East Michigan Street

Milwaukee, WI 53202

This report has been prepared for shareholders and must be preceded or accompanied by an effective prospectus, which includes information regarding the Funds’ investment objectives, risks, experience of its management and other information.

Stone Ridge Funds P.O. Box 701 Milwaukee, WI 53201-0701   855-609-3680 www.stoneridgefunds.com   SQANNU

(b) Not applicable.

Item 2. Code of Ethics.

The registrant has adopted a code of ethics that applies to the registrant’s principal executive officer and principal financial officer. The registrant has not made any substantive amendments to its code of ethics during the period covered by this report. The registrant has not granted any waivers from any provisions of the code of ethics during the period covered by this report.

A copy of the registrant’s Code of Ethics is filed herewith.

Item 3. Audit Committee Financial Expert.

The registrant’s board of trustees has determined that there is at least one audit committee financial expert serving on its audit committee. Jeffery Ekberg is the “audit committee financial expert” and is considered to be “independent” as each term is defined in Item 3 of Form N-CSR.

Item 4. Principal Accountant Fees and Services.

(a) - (d) The following table details the aggregate fees billed or expected to be billed for each of the last two fiscal years for audit fees, audit-related fees, tax fees and all other fees by the principal accountant. “Audit fees” includes amounts related to an audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years. “Audit- related fees” covers the assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s annual financial statements and are not covered under “audit fees,” including review of the Fund’s prospectus. “Tax fees” covers the professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning, including review of the Funds’ tax returns, asset diversification and income testing, excise taxes, and fiscal year end income calculations. “All other fees” covers the aggregate fees for products and services provided by the principal accountant, other than the services reported in the foregoing three categories.

	FYE 10/31/2023	FYE 10/31/2022
Audit Fees	$300,770	$314,250
Audit-Related Fees	$50,100	$71,550
Tax Fees	$101,100**	$117,750*
All Other Fees	$0	$0

* $19,600 consists of fees related to Stone Ridge Bitcoin Strategy Fund, which was

liquidated on October 21, 2022.

** $19,500 consists of fees related to Stone Ridge U.S. Hedged Equity Fund, which was

liquidated on March 27, 2023.

(e)(1) To the extent required by applicable law, pre-approval by the audit committee is needed for all audit and permissible non-audit services rendered to the registrant and all permissible

1

non-audit services rendered to Stone Ridge Asset Management LLC (the “Adviser”) or to various entities either controlling, controlled by, or under common control with the Adviser that provide ongoing services to the registrant if the services relate directly to the operations and financial reporting of the registrant. Pre-approval is currently on an engagement-by-engagement basis.

(e)(2) The percentage of fees billed by Ernst & Young, LLP applicable to non-audit services that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X (which permits waiver of pre-approval, if certain conditions are satisfied) were as follows:

	FYE 10/31/2023	FYE 10/31/2022
Audit-Related Fees	0%	0%
Tax Fees	0%	0%
All Other Fees	0%	0%

(f) All of the principal accountant’s hours spent on auditing the registrant’s financial statements were attributed to work performed by full-time permanent employees of the principal accountant.

(g) The following table indicates the non-audit fees billed or expected to be billed by the registrant’s accountant for services to the registrant and to the registrant’s investment adviser and any entity controlling, controlled by, or under common control with the registrant’s investment adviser that provides ongoing services to the registrant for the last two fiscal years of the registrant.

Non-Audit Related Fees	FYE 10/31/2023	FYE 10/31/2022
Registrant	$101,100**	$117,750*
Registrant’s Investment Adviser	$253,160	$133,892

* $19,600 consists of fees related to Stone Ridge Bitcoin Strategy Fund, which was

liquidated on October 21, 2022.

** $19,500 consists of fees related to Stone Ridge U.S. Hedged Equity Fund, which was

liquidated on March 27, 2023.

(h) The audit committee of the board of trustees has considered whether the provision of any non-audit services that were rendered to the registrant’s investment adviser and any entity controlling, controlled by, or under common control with the registrant’s investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Item 5. Audit Committee of Listed Registrants.

Not applicable to registrants who are not listed issuers (as defined in Rule 10A-3 under the Securities Exchange Act of 1934).

Item 6. Investments.

(a) Schedule of Investments is included as part of the report to shareholders filed under Item 1 of this Form N-CSR.

(b) Not applicable.

2

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable to open-end investment companies.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable to open-end investment companies.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable to open-end investment companies.

Item 10. Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 11. Controls and Procedures.

(a) The registrant’s President and Treasurer have reviewed the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as of a date within 90 days of the filing of this report, as required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934. Based on their review, such officers have concluded that the disclosure controls and procedures are effective in ensuring that information required to be disclosed in this report is appropriately recorded, processed, summarized and reported and made known to them by others within the registrant and by the registrant’s service provider.

(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

Not applicable to open-end investment companies.

Item 13. Exhibits.

(a) (1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy Item 2 requirements through filing an exhibit. Filed herewith.

(2) A separate certification for each principal executive officer and principal financial officer pursuant to Section  302 of the Sarbanes-Oxley Act of 2002. Filed herewith.

(3) Any written solicitation to purchase securities under Rule 23c-1 under the Act sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable.

3

(4) Change in the registrant’s independent public accountant. There was no change in the registrant’s independent public accountant for the period covered by this report.

(b) Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. Furnished herewith.

4

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Stone Ridge Trust                                                                     

By (Signature and Title)           /s/ Ross Stevens                                                     

                                                 Ross Stevens, President, Chief Executive Officer and
                                                 Principal Executive Officer

Date     1/8/24                                                                         

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)           /s/ Ross Stevens                                                 

                                                 Ross Stevens, President, Chief Executive Officer and
                                                 Principal Executive Officer

Date     1/8/24                                                                                                      

By (Signature and Title)           /s/ Anthony Zuco                                                 

                                                 Anthony Zuco, Treasurer, Principal Financial Officer, Chief
                                                 Financial Officer and Chief Accounting Officer

Date     1/8/24                                                                                                      

5