NPORT-P false 0001064046 XXXXXXXX S000003749 C000010418 Rydex Variable Trust 811-08821 0001064046 549300LJH0YR8RY3N305 702 King Farm Blvd., Suite 200 Rockville 20850 301-296-5100 Europe 1.25x Strategy Fund S000003749 54930044GRP1GGC58K12 2022-12-31 2022-06-30 N 1269662.93 69835.34 1199827.59 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 66771.19000000 USD N Zurich Insurance Group AG 529900QVNRBND50TXP03 989825104 43.00000000 NS USD 1872.65000000 0.156076590970 Long EC CORP CH N 1 N N N Reckitt Benckiser Group PLC 5493003JFSMOJG48V108 756255204 106.00000000 NS USD 1614.38000000 0.134550998281 Long EC CORP GB N 1 N N Anheuser-Busch InBev SA/NV 5493008H3828EMEXB082 03524A108 26.00000000 NS USD 1402.70000000 0.116908463490 Long EC CORP BE N 1 N N N Chicago Mercantile Exchange N/A N/A 10.00000000 NC USD -23715.65000000 -1.97658815296 N/A DFE US N 1 Goldman Sachs & Co. LLC FOR8UP27PHTHYVLBNG30 Long N/A Euro 2022-09-19 1340840.65000000 USD -23715.65000000 N N N ABB Ltd 5493000LKVGOO9PELI61 000375204 45.00000000 NS USD 1202.85000000 0.100251903692 Long EC CORP CH N 1 N N N SAP SE 529900D6BF99LW9R2E68 803054204 32.00000000 NS USD 2903.04000000 0.241954762850 Long EC CORP DE N 1 N N N Novartis AG 5493007HIVTX6SY6XD66 66987V109 70.00000000 NS USD 5917.10000000 0.493162521791 Long EC CORP CH N 1 N N N Air Liquide SA 969500MMPQVHK671GT54 009126202 76.90000000 NS USD 2060.15000000 0.171703836215 Long EC CORP FR N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 89151E109 76.00000000 NS USD 4000.64000000 0.333434572878 Long EC CORP FR N 1 N N N HSBC Holdings PLC MLU0ZO3ML4LN2LL2TL39 404280406 118.00000000 NS USD 3855.06000000 0.321301162944 Long EC CORP GB N 1 N N N EssilorLuxottica SA 549300M3VH1A3ER1TB49 297284200 17.00000000 NS USD 1272.11000000 0.106024399722 Long EC CORP FR N 1 N N N Allianz SE 529900K9B0N5BT694847 018820100 119.00000000 NS USD 2264.57000000 0.188741284070 Long EC CORP DE N 1 N N N Guggenheim Partners Investment Management LLC N/A 40169J523 23236.74800000 NS USD 224234.62000000 18.68890346153 Long EC RF US N 1 N N N Eurex N/A N/A 38.00000000 NC 16779.48000000 1.398490928184 N/A DE DE N 1 Goldman Sachs & Co. LLC FOR8UP27PHTHYVLBNG30 Long STOXX Europe 50 Price EUR EU0009658160 2022-09-16 1354335.82000000 EUR 16779.48000000 N N N BASF SE 529900PM64WH8AF1E917 055262505 107.00000000 NS USD 1166.30000000 0.097205632685 Long EC CORP DE N 1 N N N Linde PLC 8945002PAZHZLBGKGF02 N/A 14.00000000 NS USD 4025.42000000 0.335499869610 Long EC CORP US N 1 N N N Siemens AG W38RGI023J3WT1HWRP32 826197501 44.00000000 NS USD 2247.52000000 0.187320246569 Long EC CORP DE N 1 N N British American Tobacco PLC 213800FKA5MF17RJKT63 110448107 60.00000000 NS USD 2574.60000000 0.214580829900 Long EC CORP GB N 1 N N N Deutsche Telekom AG 549300V9QSIG4WX4GJ96 251566105 100.00000000 NS USD 1992.00000000 0.166023853477 Long EC CORP DE N 1 N N N Bayer AG 549300J4U55H3WP1XT59 072730302 113.00000000 NS USD 1680.31000000 0.140045954435 Long EC CORP DE N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 641069406 82.00000000 NS USD 9543.98000000 0.795445952363 Long EC CORP CH N 1 N N N Prosus NV 635400Z5LQ5F9OLVT688 74365P108 127.00000000 NS USD 1662.43000000 0.138555740329 Long EC CORP NL N 1 N N N Glencore PLC 2138002658CPO9NBH955 37827X100 159.00000000 NS USD 1718.79000000 0.143253081886 Long EC CORP JE N 1 N N N LVMH Moet Hennessy Louis Vuitt IOG4E947OATN0KJYSD45 502441306 38.00000000 NS USD 4644.36000000 0.387085614525 Long EC CORP FR N 1 N N N Guggenheim Partners Investment Management LLC N/A N/A 9255.15300000 NS USD 223419.39000000 18.62095786612 Long EC RF US N 1 N N N Kering SA 549300VGEJKB7SVUZR78 492089107 21.00000000 NS USD 1081.71000000 0.090155453084 Long EC CORP FR N 1 N N N Adyen NV 724500973ODKK3IFQ447 00783V104 83.00000000 NS USD 1212.63000000 0.101067020804 Long EC CORP NL N 1 N N N AXA SA F5WCUMTUM4RKZ1MAIE39 054536107 57.00000000 NS USD 1299.03000000 0.108268055412 Long EC CORP FR N 1 N N N Mercedes-Benz Group AG 529900R27DL06UVNT076 233825207 91.00000000 NS USD 1316.77000000 0.109746601176 Long EC CORP DE N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 780259305 107.00000000 NS USD 5595.03000000 0.466319498453 Long EC CORP GB N 1 N N N Intesa Sanpaolo SpA 2W8N8UU78PMDQKZENC08 46115H107 88.00000000 NS USD 986.48000000 0.082218479406 Long EC CORP IT N 1 N N N First American Funds N/A N/A 7145.50000000 NS USD 7145.50000000 0.595543898102 Long STIV RF US N 1 N N L'Oreal SA 529900JI1GG6F7RKVI53 502117203 35.00000000 NS USD 2416.75000000 0.201424773037 Long EC CORP FR N 1 N N BOFA SECURITIES, INC. 549300HN4UKV1E2R3U73 N/A 101617.06000000 PA USD 101617.06000000 8.469305160752 Long RA CORP US N 2 Repurchase Y 1.44000000 2022-07-01 123524.06000000 USD 103649.50000000 USD UST N N N Roche Holding AG 549300U41AUUVOAAOB37 771195104 163.00000000 NS USD 6798.73000000 0.566642245657 Long EC CORP CH N 1 N N N Vinci SA 213800WFQ334R8UXUG83 927320101 65.00000000 NS USD 1450.80000000 0.120917372803 Long EC CORP FR N 1 N N N Deutsche Post AG 8ER8GIG7CSMVD8VUFE78 25157Y202 29.00000000 NS USD 1088.95000000 0.090758873114 Long EC CORP DE N 1 N N N Airbus SE MINO79WLOO247M1IL051 009279100 68.00000000 NS USD 1651.72000000 0.137663112080 Long EC CORP NL N 1 N N N Enel SpA WOCMU6HCI0OJWNPRZS33 29265W207 227.00000000 NS USD 1237.15000000 0.103110647755 Long EC CORP IT N 1 N N N Prudential PLC 5493001Z3ZE83NGK8Y12 74435K204 40.00000000 NS USD 1004.40000000 0.083712027325 Long EC CORP GB N 1 N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 N/A 263542.74000000 PA USD 263542.74000000 21.96505082867 Long RA CORP US N 2 Repurchase Y 1.48000000 2022-07-01 315589.46000000 USD 268813.59000000 USD UST N N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 670100205 48.00000000 NS USD 5348.64000000 0.445784048023 Long EC CORP DK N 1 N N N Cie Financiere Richemont SA 549300YIPGJ6UX2QPS51 204319107 153.00000000 NS USD 1634.04000000 0.136189567036 Long EC CORP CH N 1 N N TREASURY BILL 254900HROIFWPRGM1V77 912796X20 158000.00000000 PA USD 157919.22000000 13.16182602535 Long DBT UST US N 2 2022-07-19 None 0.00000000 N N N N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 046353108 89.00000000 NS USD 5880.23000000 0.490089580287 Long EC CORP GB N 1 N N N UBS Group AG 549300SZJ9VS8SGXAN81 N/A 96.00000000 NS USD 1557.12000000 0.129778645946 Long EC CORP US N 1 N N N Sanofi 549300E9PC51EN656011 80105N105 67.00000000 NS USD 3352.01000000 0.279374305770 Long EC CORP FR N 1 N N N GSK PLC 5493000HZTVUYLO1D793 37733W105 73.00000000 NS USD 3177.69000000 0.264845551684 Long EC CORP GB N 1 N N N Schneider Electric SE 969500A1YF1XUYYXS284 80687P106 83.00000000 NS USD 1957.97000000 0.163187612646 Long EC CORP FR N 1 N N N BARCLAYS CAPITAL INC. AC28XWWI3WIBK2824319 N/A 102633.23000000 PA USD 102633.23000000 8.553998162352 Long RA CORP US N 2 Repurchase Y 1.42000000 2022-07-01 82608.20000000 USD 104686.01000000 USD UST N N N Banco Santander SA 5493006QMFDDMYWIAM13 05964H105 499.00000000 NS USD 1397.20000000 0.116450064296 Long EC CORP ES N 1 N N N Diageo PLC 213800ZVIELEA55JMJ32 25243Q205 16.00000000 NS USD 2785.92000000 0.232193360381 Long EC CORP GB N 1 N N N Unilever PLC 549300MKFYEKVRWML317 904767704 76.00000000 NS USD 3483.08000000 0.290298375285 Long EC CORP GB N 1 N N N Rio Tinto PLC 213800YOEO5OQ72G2R82 767204100 31.00000000 NS USD 1891.00000000 0.157605977372 Long EC CORP GB N 1 N N ASML Holding NV 724500Y6DUVHQD6OXN27 N/A 12.00000000 NS USD 5710.56000000 0.475948381883 Long EC CORP NL N 1 N N N BP PLC 213800LH1BZH3DI6G760 055622104 93.00000000 NS USD 2636.55000000 0.219744071729 Long EC CORP GB N 1 N N N RELX PLC 549300WSX3VBUFFJOO66 759530108 57.00000000 NS USD 1535.58000000 0.127983388013 Long EC CORP GB N 1 N N N Iberdrola SA 5QK37QC7NWOJ8D7WVQ45 450737101 42.00000000 NS USD 1737.54000000 0.144815806410 Long EC CORP ES N 1 N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 05565A202 66.00000000 NS USD 1584.00000000 0.132018967825 Long EC CORP FR N 1 N N N 2022-08-01 Rydex Variable Trust John Sullivan John Sullivan CFO