Meeder Funds NPORT-P Quantex Fund (Sep 2023 report)

Schedule of Investments

September 30, 2023 (unaudited)

Quantex Fund

Security Description	Shares or Principal Amount ($)		Fair Value ($)(@)
Common Stocks (United States) - 58.0%
Communication Services - 3.3%
DISH NETWORK CORPORATION (1)		13,671		80,112
INTERPUBLIC GROUP OF COS INC		5,740		164,508
LUMEN TECHNOLOGIES INC (1)		36,157		51,343
MATCH GROUP INC (1)		4,323		169,354
NEWS CORPORATION - CLASS A		10,579		212,215
NEWS CORPORATION - CLASS B		10,447		218,029
PARAMOUNT GLOBAL		11,228		144,841
				1,040,402
Consumer Discretionary - 13.4%
ADVANCE AUTO PARTS INC		1,281		71,646
BATH & BODY WORKS INC		4,509		152,404
BORG WARNER INC		4,805		193,978
CAESARS ENTERTAINMENT INC (1)		4,598		213,117
CARMAX INC (1)		3,211		227,114
CARNIVAL CORP NEW (1)		24,173		331,654
DOMINO’S PIZZA INC		569		215,532
EXPEDIA GROUP INC (1)		2,116		218,096
HASBRO INC		3,130		207,018
MGM RESORTS INTERNATIONAL		5,791		212,877
MOHAWK INDS INC (1)		1,816		155,831
NEWELL BRANDS INC		14,336		129,454
NORWEGIAN CRUISE LINE HOLDINGS LTD (1)		12,527		206,445
PHINIA INC		961		25,745
POOL CORPORATION		643		228,972
PULTEGROUP INC		4,195		310,640
RALPH LAUREN CORP		1,776		206,176
ROYAL CARIBBEAN GROUP (1)		3,935		362,571
TAPESTRY INC		5,010		144,038
VF CORP		6,901		121,941
WHIRLPOOL CORP		1,345		179,827
WYNN RESORTS LTD		2,282		210,880
				4,325,956
Consumer Staples - 1.4%
LAMB WESTON HOLDINGS INC		2,023		187,047
MOLSON COORS BEVERAGE COMPANY		3,901		248,065
				435,112
Energy - 0.8%
EQT CORPORATION		6,074		246,483
				246,483
Financials - 6.1%
ASSURANT INC		1,517		217,811
COMERICA INC		2,928		121,658
EVEREST GROUP LTD		580		215,569
FLEETCOR TECHNOLOGIES INC (1)		1,053		268,873
FRANKLIN RESOURCES INC		7,179		176,460
GLOBE LIFE INC		1,620		176,143
INVESCO LTD		10,655		154,711
JACK HENRY & ASSOC INC		1,105		167,010
LINCOLN NATL CORP IND		6,278		155,004
MARKETAXESS HLDGS INC		679		145,062
SIGNATURE BANK NY		1,708		34
SVB FINANCIAL GROUP (1)		798		72
ZIONS BANCORPORATION N.A		3,958		138,095
				1,936,502

Healthcare - 5.8%
BIO RAD LABORATORIES INC (1)	456	163,453
BIO-TECHNE CORP	2,336	159,012
CATALENT INC (1)	4,287	195,187
CHARLES RIVER LABS INTL INC (1)	881	172,658
DAVITA INC (1)	2,581	243,982
DENTSPLY SIRONA INC	5,931	202,603
HENRY SCHEIN INC (1)	2,439	181,096
ORGANON & CO	6,845	118,829
TELEFLEX INC	778	152,807
UNIVERSAL HEALTH SVR INC	1,368	171,999
VIATRIS INC.	11,014	108,598
		1,870,224
Industrials - 9.5%
A. O. SMITH CORP	3,009	198,985
ALASKA AIR GROUP INC (1)	4,559	169,048
ALLEGION PLC	1,801	187,664
AMERICAN AIRLINES GROUP INC (1)	15,425	197,594
C.H. ROBINSON WRLDWDE INC	2,170	186,902
CERIDIAN HCM HOLDING INC (1)	3,101	210,403
GENERAC HOLDINGS INC (1)	1,987	216,504
HUNTINGTON INGALLS INDUSTRIES INC	849	173,688
MASCO CORP	4,078	217,969
NORDSON CORP	812	181,214
PENTAIR PLC (IRELAND)	4,290	277,778
ROBERT HALF INC	2,636	193,166
SNAP ON INC	849	216,546
STANLEY BLACK & DECKER INC	2,544	212,628
UNITED AIRLINES HOLDINGS INC (1)	4,352	184,090
		3,024,179
Information Technology - 7.8%
AKAMAI TECHNOLOGIES INC (1)	2,273	242,165
DXC TECHNOLOGY COMPANY (1)	7,068	147,226
F5, INC. (1)	1,066	171,775
JUNIPER NETWORKS	5,969	165,879
NETAPP INC	3,188	241,905
QORVO INC (1)	2,145	204,783
SEAGATE TECHNOLOGY HOLDINGS PLC	3,551	234,184
TERADYNE INC	2,234	224,428
Trimble Inc. (1)	3,376	181,831
TYLER TECHNOLOGIES INC (1)	602	232,456
WESTERN DIGITAL CORP (1)	6,135	279,940
ZEBRA TECH CORP (1)	742	175,505
		2,502,077
Materials - 3.6%
CELANESE CORPORATION	1,895	237,860
EASTMAN CHEMICAL COMPANY	2,364	181,366
INTERNATIONAL PAPER CO	5,470	194,021
PACKAGING CORP OF AMERICA	1,513	232,321
SEALED AIR CORP	3,486	114,550
WESTROCK COMPANY	5,478	196,112
		1,156,230

Real Estate Investment Trust - 4.4%
BOSTON PROPERTIES INC	2,895	172,195
CAMDEN PROPERTY TRUST	1,748	165,326
FEDERAL REALTY INVESTMENT TRUST (MD)	1,834	166,215
HOST HOTEL & RESORTS INC	12,171	195,588
KIMCO REALTY CORP	9,158	161,089
REGENCY CENTERS CORP	3,090	183,670
UDR INC	5,008	178,635
VORNADO REALTY TRUST	8,445	191,533
		1,414,251
Utilities - 1.9%
NISOURCE INC HLDG CO	7,066	174,389
NRG ENERGY INC	6,050	233,046
PINNACLE WEST CAP CORP	2,600	191,568
		599,003

Total Common Stocks (United States)	(Cost	$	17,852,063	)	18,550,419
Preferred Stock (United States) - 0.0%
Wells Fargo & Co. Preferred (1)(4)			1		0
Total Preferred Stock (United States)	(Cost	$	0	)	0
Warrants (United States) - 0.0%
ABIOMED Inc - CVR (1)(4)			546		0
Total Warrants (United States)	(Cost	$	0	)	0
Money Market Registered Investment Companies - 39.2%
Meeder Institutional Prime Money Market Fund, 5.42% (2)			12,544,424		12,545,679
Total Money Market Registered Investment Companies	(Cost	$	12,541,103	)	12,545,679
Total Investments - 97.2%	(Cost	$	30,393,166	)	31,096,098
Other Assets less Liabilities - 2.8%					889,650
Total Net Assets - 100.0%					31,985,748
Trustee Deferred Compensation (3)
Meeder Balanced Fund - Retail Class			1,247		14,740
Meeder Dynamic Allocation Fund - Retail Class			3,329		40,880
Meeder Muirfield Fund - Retail Class			1,742		14,929
Meeder Conservative Allocation Fund - Retail Class			358		7,464
Total Trustee Deferred Compensation	(Cost	$	71,335	)	78,013
Futures Contracts

	Long (Short) Contracts		Expiration Date	Notional Value of Contracts ($)		Value and Unrealized Appreciation (Depreciation)($)
Index Futures
E-mini Standard & Poors MidCap 400 Futures		4	12/15/2023		1,008,160		(11,402	)
Standard & Poors 500 Mini Futures		58	12/15/2023		12,543,950		(619,796	)
Total Futures Contracts		62			13,552,110		(631,198	)

(@) Statement on Financial Accounting Standard No. 157 “Fair Value Measurements” - Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

● Level 1 - quoted prices in active markets for identical securities

● Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

● Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The following is a summary of the inputs used as of September 30, 2023 in valuing the Fund’s assets carried at fair value:

Valuation Inputs	Investments in Securities		Other Financial Instruments (5)
Level 1 - Quoted Prices	$	31,096,098	$	(631,198	)
Level 2 - Other Significant Observable Inputs		-		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	31,096,098	$	(631,198	)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

(1)	Represents non-income producing securities.
(2)	Investment in affiliate.  The yield shown represents the 7-day yield in effect at September 30, 2023.
(3)	Assets of affiliates to the Quantex Fund held for the benefit of the Fund’s Trustees in connection with the Trustee Deferred Compensation Plan.
(4)	Fair valued security deemed a Level 3 security.  Security is not part of the investment strategy of the Fund.
(5)	Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.