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

Schedule of Investments

September 30, 2023 (unaudited)

Spectrum Fund

Security Description	Shares or Principal Amount ($)		Fair Value ($)(@)
Common Stocks (United States) - Long - 57.1%
Communication Services - 5.5%
ALPHABET INC. (C) (1)		30,269		3,990,968
CHARTER COMMUNICATIONS INC CL A (1)		969		426,186
COMCAST CORP NEW CL A		15,254		676,362
LIBERTY BROADBAND CORPORATION - CLASS A (1)		357		32,455
LIBERTY BROADBAND CORPORATION - CLASS C (1)		3,044		277,978
META PLATFORMS INC (1)		4,303		1,291,804
NEW YORK TIMES CO		104		4,285
TELEPHONE & DATA SYS INC DEL NEW		2,167		39,678
T-MOBILE US INC		20,812		2,914,721
TRADE DESK, INC. (THE) (1)		5,507		430,372
				10,084,809
Consumer Discretionary - 9.0%
AMAZON.COM INC (1)		12,526		1,592,305
BEACHBODY COMPANY INC (1)		14,976		4,418
BEST BUY CO INC		3,569		247,938
BORG WARNER INC		2,381		96,121
CENTURY COMMUNITIES INC		2,181		145,647
DR HORTON INC		11,264		1,210,542
ETHAN ALLEN INTERIORS INC		206		6,159
FRONTDOOR INC (1)		1,128		34,506
GARMIN LIMITED		28,756		3,025,131
HELEN OF TROY LTD (1)		2,319		270,303
HOME DEPOT INC		4,189		1,265,748
INSTALLED BUILDING PRODUCTS INC		38		4,746
LA Z BOY INC		1,793		55,368
LEGGETT & PLATT INC		16,881		428,946
LENNAR CORP		13,125		1,473,019
LOWES COMPANIES INC		2,140		444,778
M/I HOMES INC (1)		5,932		498,525
MERITAGE HOMES CORPORATION		35		4,284
MOHAWK INDS INC (1)		12,621		1,083,008
NVR INC (1)		27		161,009
O'REILLY AUTOMOTIVE INC (1)		388		352,638
PULTEGROUP INC		5,466		404,757
ROSS STORES INC		4,763		537,981
SKYLINE CHAMPION CORPORATION (1)		6,131		390,667
TEMPUR SEALY INTERNATIONAL INC		10,307		446,705
TJX COMPANIES INC		6,745		599,496
TOLL BROS INC		3,563		263,519
TOPBUILD CORP (1)		21		5,284
TUPPERWARE BRANDS CORP (1)		8,620		12,068
Ulta Beauty, Inc. (1)		446		178,155
WHIRLPOOL CORP		8,533		1,140,862
				16,384,633
Consumer Staples - 1.1%
KROGER CO		456		20,406
TARGET CORPORATION		256		28,306
WALMART INC		12,722		2,034,629
				2,083,341
Energy - 5.6%
Berry Corporation (bry)		842		6,904
CHENIERE ENERGY INC		1,616		268,191
CHEVRON CORP		20,425		3,444,064
CIVITAS RESOURCES INC		117		9,462
CONOCOPHILLIPS		4,387		525,563
DIAMONDBACK ENERGY, INC		7,957		1,232,380
DT MIDSTREAM INC		2,203		116,583
EOG RESOURCES INC		2,411		305,618
EXXON MOBIL CORP		12,111		1,424,011
HELMERICH & PAYNE INC		1,676		70,660
NOBLE CORPORATION PLC		2,027		102,668
ONEOK INC NEW		3,360		213,125
OVINTIV INC		682		32,443
PHILLIPS 66		4,825		579,724
PIONEER NATURAL RESOURCES		5,349		1,227,863
SCORPIO TANKERS INC		438		23,705
SM ENERGY CO		750		29,738
TARGA RESOURCES CORP		1,223		104,836
TEEKAY CORPORATION (1)		1,555		9,594
VALERO ENERGY CORP		3,175		449,929
VITAL ENERGY INC (1)		434		24,052
				10,201,113

Financials - 7.4%
Berkshire Hathaway Class B (1)	19,757		6,920,877
CHUBB LIMITED	2,298		478,398
COMPASS DIVERSIFIED	850		15,955
ESSENT GROUP LTD	2,896		136,952
EURONET WORLDWIDE INC (1)	63		5,001
FIRST AMERICAN FINANCIAL CORP	3,379		190,880
GLOBAL PAYMENT INC	366		42,233
INVESTORS TITLE CO	43		6,368
MARSH & MCLENNAN COS INC	1,193		227,028
MASTERCARD INCORPORATED	12,832		5,080,317
PROGRESSIVE CORP OH	1,253		174,543
STEWART INFORMATION SVCS CRP	2,427		106,303
			13,384,855
Healthcare - 4.8%
APOGEE THERAPEUTICS INC (1)	394		8,392
ARCELLX, INC. (1)(6)	(2	)	(72	)
CARDINAL HEALTH INC	1,860		161,485
CENTENE CORPORATION (1)	6,337		436,493
ELEVANCE HEALTH INC	542		235,998
ELI LILLY & CO	2,352		1,263,330
HCA HEALTHCARE INC	76		18,694
HUMANA INC	1,579		768,215
JOHNSON AND JOHNSON	11,808		1,839,096
MCKESSON CORP	2,375		1,032,769
MERCK & CO INC	158		16,266
MOLINA HEALTHCARE INC (1)	116		38,035
PFIZER INC	16,502		547,371
QUEST DIAGNOSTICS INC	256		31,196
THE CIGNA GROUP	2,529		723,471
UNITEDHEALTH GROUP INC (DEL)	2,084		1,050,732
VIATRIS INC.	664		6,547
ZOETIS INC	2,913		506,804
			8,684,822
Industrials - 8.4%
3M COMPANY	1,130		105,791
A. O. SMITH CORP	2,474		163,606
ADVANCED DRAINAGE SYSTEMS INC	769		87,535
AECOM	6,933		575,716
AGCO CORP	710		83,979
AIR LEASE CORP	3,173		125,048
ALASKA AIR GROUP INC (1)	5,358		198,675
ALLEGIANT TRAVEL COMPANY	1,038		79,781
ALLEGION PLC	4,144		431,805
AMERESCO INC (1)	799		30,809
APPLIED INDUSTRIAL TECH INC	130		20,099
ARMSTRONG WORLD INDS INC	3,087		222,264
BLUELINX HOLDINGS INC (1)	529		43,426
BOISE CASCADE COMPANY	1,218		125,503
BUILDERS FIRSTSOURCE INC (1)	3,116		387,911
CARLISLE COMPANIES	886		229,704
CARRIER GLOBAL CORP	1,592		87,878
COPART INC (1)	29,753		1,282,057
DELTA AIR LINES INC. (NEW)	1,450		53,650
DOVER CORP	9,230		1,287,677
EMCOR GROUP INC	1,800		378,702
FASTENAL CO	27,043		1,477,630
FERGUSON PLC	5,894		969,386
FTAI AVIATION INC.	2,902		103,166
GATX CORP	245		26,663
GRACO INC	10,382		756,640
GRAINGER W W INC	1,195		826,749
HONEYWELL INTERNATIONAL INC	1,547		285,793
HUDSON TECHNOLOGIES INC (1)	2,565		34,115
JOHNSON CONTROLS INTERNATIONAL PLC	4,644		247,107
KARAT PACKAGING INC.	287		6,618
KIRBY CORPORATION (1)	11,525		954,270
MASCO CORP	676		36,132
MATSON INC	3,870		343,346
MSC INDUSTRIAL DIRECT CO INC	9,056		888,846
OWENS CORNING INC	2,183		297,783
QUANTA SERVICES INC	3,056		571,686
SOUTHWEST AIRLINES CO	2,743		74,253
STARTEK INC (1)	2,176		7,072
TRANE TECHNOLOGIES PLC	3,253		660,066
UNITED AIRLINES HOLDINGS INC (1)	6,023		254,773
VERITIV CORP	1,620		273,618
WATSCO INC	248		93,675
XOMETRY INC (1)	673		11,428
ZURN ELKAY WATER SOLUTIONS CORP	3,333		93,391
			15,295,822

Information Technology - 14.5%
ADVANCED MICRO DEVICES INC (1)	4,798	493,330
ANALOG DEVICES INC	9,245	1,618,707
APPLE INC	29,339	5,023,130
APPLIED MATERIALS INC	2,957	409,397
BROADCOM INC	2,123	1,763,321
CIRRUS LOGIC INC (1)	3,273	242,071
ENPHASE ENERGY INC (1)	4,112	494,057
ENTEGRIS INCORPORATED	199	18,688
FIRST SOLAR INC (1)	1,999	323,018
GLOBALFOUNDRIES INC. (1)	1,212	70,526
IMPINJ INC (1)	221	12,162
INTEL CORP	17,305	615,193
KLA Corporation	358	164,200
LAM RESEARCH CORP	857	537,142
MARVELL TECHNOLOGY INC.	245	13,262
MICROCHIP TECH INC	7,645	596,692
MICRON TECH INC	6,013	409,064
MICROSOFT CORP	9,106	2,875,215
MKS INSTRUMENTS INC	2,251	194,802
NVIDIA CORP	8,463	3,681,320
ON SEMICONDUCTOR CORP (1)	1,545	143,608
QORVO INC (1)	4,115	392,859
QUALCOMM INC	9,837	1,092,497
SKYWORKS SOLUTIONS INC	12,802	1,262,149
TERADYNE INC	6,154	618,231
TEXAS INSTRUMENTS INC	19,059	3,030,572
UNIVERSAL DISPLAY CORP	224	35,166
WOLFSPEED INC (1)	1,171	44,615
		26,174,994
Materials - 0.8%
MARTIN MARIETTA MATL INC	912	374,358
SCHNITZER STEEL INDUSTRIES INC	1,923	53,556
SYLVAMO CORPORATION	905	39,766
VULCAN MATERIALS CO	5,136	1,037,575
		1,505,255

Real Estate Investment Trust - 0.1%
BROOKFIELD INFRASTRUCTURE CORP	5,301	187,337

MDU RESOURCES GROUP INC			3,238		63,400
					250,737
Total Common Stocks (United States) - Long	(Cost	$	92,485,243	)	104,050,381
Preferred Stock (United States) - 0.0%
WESCO International, Inc. Series A Variable Preferred, 9.7% (5)			198		5,229
Total Preferred Stock (United States)	(Cost	$	4,949	)	5,229
Warrants (United States) - 0.0%
Chaparral Energy, Inc. A Warrants, Expiration Date 10/14/2024 (1)(4)			1		0
Chaparral Energy, Inc. B Warrants, Expiration Date 10/14/2025 (1)(4)			1		0
Civitas Solutions, Inc. A Warrants, Expiration Date 1/20/2025 (1)(4)			13		0
Civitas Solutions, Inc. B Warrants, Expiration Date 1/20/2026 (1)(4)			6		0
Hertz Global Holdings, Inc. Warrants, Expiration Date 6/30/2051 (1)			86		526
Nabors Industries, Ltd. Warrants, Expiration Date 6/11/2026 (1)			29		426
Oasis Petroleum, Inc. Warrants, Expiration Date 11/19/2024 (1)(4)			7		0
Whiting Petroleum Corp. A Warrants, Expiration Date 9/1/2024 (1)			47		1,290
Whiting Petroleum Corp. B Warrants, Expiration Date 9/1/2025 (1)			23		408
Total Warrants (United States)	(Cost	$	2,899	)	2,650

Money Market Registered Investment Companies - 40.5%
Meeder Institutional Prime Money Market Fund, 5.42% (2)			73,765,943		73,773,319
Total Money Market Registered Investment Companies	(Cost		73,733,440	)	73,773,319
Total Investments - Long - 97.6%	(Cost	$	166,226,531	)	177,831,579
Other Assets less Liabilities - 2.4%					4,287,646
Total Net Assets - 100.0%					182,119,225
Trustee Deferred Compensation (3)
Meeder Balanced Fund - Retail Class			943		11,146
Meeder Dynamic Allocation Fund - Retail Class			2,298		28,219
Meeder Muirfield Fund - Retail Class			2,745		23,525
Meeder Conservative Allocation Fund - Retail Class			294		6,130
Total Trustee Deferred Compensation	(Cost	$	68,154	)	69,020

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		(17	)	12/15/2023		(4,284,680	)		2,018
Mini MSCI EAFE Index Futures		244		12/15/2023		24,906,300			(810,953	)
Mini MSCI Emerging Markets Index Futures		114		12/15/2023		5,446,350			(186,111	)
Russell 2000 Mini Index Futures		145		12/15/2023		13,039,850			(559,941	)
Standard & Poors 500 Mini Futures		94		12/15/2023		20,329,850			(786,019	)
Total Futures Contracts		580				59,437,670			(2,341,006	)

(@) 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	$	177,831,579	$	(2,341,006	)
Level 2 - Other Significant Observable Inputs		-		-
Level 3 - Significant Unobservable Inputs		-		-
Total	$	177,831,579	$	(2,341,006	)

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 Spectrum 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 of the instrument.

(6) Short security.