First Interstate BancSystem, Inc.

NPORT-P false 0001064046 XXXXXXXX S000003758 C000010427 Rydex Variable Trust 811-08821 0001064046 549300LJH0YR8RY3N305 702 King Farm Blvd., Suite 200 Rockville 20850 301-296-5100 Banking Fund S000003758 5493004010362Z33XQ07 2022-12-31 2022-09-30 N 3155839.16 17571.13 3138268.03 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 0.01000000 N First Interstate BancSystem In 549300WRWYTYX0RCNJ43 First Interstate BancSystem, Inc. 32055Y201 661.00000000 NS USD 26671.35000000 0.849874827294 Long EC CORP US N 1 N N N UMB Financial Corp 549300MGEH3N3CUCV828 UMB Financial Corp. 902788108 273.00000000 NS USD 23011.17000000 0.733244253837 Long EC CORP US N 1 N N N Valley National Bancorp 549300ET52S1UBIB9762 Valley National Bancorp 919794107 2429.00000000 NS USD 26233.20000000 0.835913304702 Long EC CORP US N 1 N N N CVB Financial Corp N/A CVB Financial Corp. 126600105 868.00000000 NS USD 21977.76000000 0.700314944099 Long EC CORP US N 1 N N N United Bankshares Inc/WV 5299005O3BAMJ9Z92V62 United Bankshares, Inc. 909907107 714.00000000 NS USD 25525.50000000 0.813362649588 Long EC CORP US N 1 N N N Fulton Financial Corp 5493005QLZ6O1BNC0C11 Fulton Financial Corp. 360271100 1191.00000000 NS USD 18817.80000000 0.599623735771 Long EC CORP US N 1 N N N Old National Bancorp/IN 549300MMK90CL5KMVX16 Old National Bancorp 680033107 1546.00000000 NS USD 25462.62000000 0.811358996637 Long EC CORP US N 1 N N N Home BancShares Inc/AR N/A Home BancShares, Inc. 436893200 1099.00000000 NS USD 24738.49000000 0.788284804341 Long EC CORP US N 1 N N N Customers Bancorp Inc 549300WLBCHYKZ53FN68 Customers Bancorp, Inc. 23204G100 364.00000000 NS USD 10730.72000000 0.341931278572 Long EC CORP US N 1 N N N East West Bancorp Inc N/A East West Bancorp, Inc. 27579R104 510.00000000 NS USD 34241.40000000 1.091092273593 Long EC CORP US N 1 N N N First Hawaiian Inc 5493002DJSH46F5OLV06 First Hawaiian, Inc. 32051X108 820.00000000 NS USD 20196.60000000 0.643558797621 Long EC CORP US N 1 N N N Jackson Financial Inc 213800WXW2KG1N4CO374 Jackson Financial, Inc. 46817M107 597.00000000 NS USD 16566.75000000 0.527894680812 Long EC CORP US N 1 N N N Columbia Banking System Inc N/A Columbia Banking System, Inc. 197236102 594.00000000 NS USD 17160.66000000 0.546819450599 Long EC CORP US N 1 N N N United Community Banks Inc/GA 549300GVW0FV66X3U703 United Community Banks, Inc. 90984P303 666.00000000 NS USD 22044.60000000 0.702444781301 Long EC CORP US N 1 N N N M&T Bank Corp 549300WYXDDBYRASEG81 M&T Bank Corp. 55261F104 361.00000000 NS USD 63651.52000000 2.028237212103 Long EC CORP US N 1 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd. 40415F101 624.00000000 NS USD 36454.08000000 1.161598679638 Long EC CORP IN N 1 N N N SouthState Corp 549300JZUANXM0YQ4W53 SouthState Corp. 840441109 357.00000000 NS USD 28245.84000000 0.900045494202 Long EC CORP US N 1 N N N Signature Bank/New York NY VLP5AP0XK2GM6GKD1007 Signature Bank 82669G104 219.00000000 NS USD 33069.00000000 1.053734087843 Long EC CORP US N 1 N N N Commerce Bancshares Inc/MO N/A Commerce Bancshares, Inc. 200525103 485.00000000 NS USD 32087.60000000 1.022462061661 Long EC CORP US N 1 N N N Cathay General Bancorp 549300K1SLJ8C97H5L68 Cathay General Bancorp 149150104 495.00000000 NS USD 19037.70000000 0.606630785452 Long EC CORP US N 1 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd. 45104G104 1832.00000000 NS USD 38417.04000000 1.224147830355 Long EC CORP IN N 1 N N N BankUnited Inc 96OVUWEW5D4YX6PFXD91 BankUnited, Inc. 06652K103 536.00000000 NS USD 18315.12000000 0.583605983457 Long EC CORP US N 1 N N N Truist Financial Corp 549300DRQQI75D2JP341 Truist Financial Corp. 89832Q109 1951.00000000 NS USD 84946.54000000 2.706796844245 Long EC CORP US N 1 N N N Cadence Bank Q7C315HKI8VX0SSKBS64 Cadence Bank 12740C103 986.00000000 NS USD 25054.26000000 0.798346723750 Long EC CORP US N 1 N N N Apollo Global Management Inc N/A Apollo Global Management, Inc. 03769M106 1168.00000000 NS USD 54312.00000000 1.730636117782 Long EC CORP US N 1 N N N Toronto-Dominion Bank/The PT3QB789TSUIDF371261 Toronto-Dominion Bank 891160509 622.00000000 NS USD 38147.26000000 1.215551368950 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co. 46625H100 1158.00000000 NS USD 121011.00000000 3.855980395657 Long EC CORP US N 1 N N N Huntington Bancshares Inc/OH 549300XTVCVV9I7B5T19 Huntington Bancshares, Inc. 446150104 3771.00000000 NS USD 49701.78000000 1.583732795442 Long EC CORP US N 1 N N N Glacier Bancorp Inc 549300SMJAUKZB5D7V74 Glacier Bancorp, Inc. 37637Q105 546.00000000 NS USD 26824.98000000 0.854770202658 Long EC CORP US N 1 N N N US Bancorp N1GZ7BBF3NP8GI976H15 U.S. Bancorp 902973304 2082.00000000 NS USD 83946.24000000 2.674922575048 Long EC CORP US N 1 N N N HSBC Holdings PLC MLU0ZO3ML4LN2LL2TL39 HSBC Holdings plc 404280406 1211.00000000 NS USD 31570.77000000 1.005993423703 Long EC CORP GB N 1 N N N UBS Group AG 549300SZJ9VS8SGXAN81 UBS Group AG N/A 2144.00000000 NS USD 31109.44000000 0.991293277139 Long EC CORP US N 1 N N N BOFA SECURITIES, INC. 549300HN4UKV1E2R3U73 BofA Securities, Inc. N/A 9518.69000000 PA USD 9518.69000000 0.303310294372 Long RA CORP US N 2 Repurchase Y 2.91000000 2022-10-03 10911.90000000 USD 9709.08000000 USD UST N N N First Citizens BancShares Inc/ 549300N3Z00ZHE2XC526 First Citizens BancShares, Inc. 31946M103 57.00000000 NS USD 45453.51000000 1.448362904808 Long EC CORP US N 1 N N N BOK Financial Corp GRI2NT5QHYW751NMR949 BOK Financial Corp. 05561Q201 322.00000000 NS USD 28612.92000000 0.911742391869 Long EC CORP US N 1 N N N SVB Financial Group 549300D2KJ20JMXE7542 SVB Financial Group 78486Q101 139.00000000 NS USD 46673.42000000 1.487234982921 Long EC CORP US N 1 N N N Eastern Bankshares Inc 549300J245MBQU3DO403 Eastern Bankshares, Inc. 27627N105 1102.00000000 NS USD 21643.28000000 0.689656835971 Long EC CORP US N 1 N N N Prosperity Bancshares Inc N/A Prosperity Bancshares, Inc. 743606105 423.00000000 NS USD 28205.64000000 0.898764532868 Long EC CORP US N 1 N N N Popular Inc 5493008CARDZMVQ3LO89 Popular, Inc. 733174700 469.00000000 NS USD 33796.14000000 1.076904192915 Long EC CORP US N 1 N N N Community Bank System Inc 5299008N6YHE6GCP1E80 Community Bank System, Inc. 203607106 338.00000000 NS USD 20307.04000000 0.647077936169 Long EC CORP US N 1 N N N Silvergate Capital Corp BPE6FTXDZEBNAGIT2T19 Silvergate Capital Corp. 82837P408 214.00000000 NS USD 16124.90000000 0.513815258794 Long EC CORP US N 1 N N N Bank OZK 549300VYK2WBD7SST478 Bank OZK 06417N103 623.00000000 NS USD 24645.88000000 0.785333813568 Long EC CORP US N 1 N N N Voya Financial Inc 549300T065Z4KJ686G75 Voya Financial, Inc. 929089100 463.00000000 NS USD 28011.50000000 0.892578318111 Long EC CORP US N 1 N N N Wintrust Financial Corp Q774KI4AW80FHFW33O61 Wintrust Financial Corp. 97650W108 311.00000000 NS USD 25362.05000000 0.808154362774 Long EC CORP US N 1 N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 J.P. Morgan Securities LLC N/A 24748.60000000 PA USD 24748.60000000 0.788606956557 Long RA CORP US N 2 Repurchase Y 2.97000000 2022-10-03 28600.07000000 USD 25243.57000000 USD UST N N N Atlantic Union Bankshares Corp N/A Atlantic Union Bankshares Corp. 04911A107 553.00000000 NS USD 16800.14000000 0.535331585428 Long EC CORP US N 1 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 Equitable Holdings, Inc. 29452E101 1307.00000000 NS USD 34439.45000000 1.097403079366 Long EC CORP US N 1 N N N First Financial Bankshares Inc 549300XN3GTGOENGNV49 First Financial Bankshares, Inc. 32020R109 679.00000000 NS USD 28402.57000000 0.905039650166 Long EC CORP US N 1 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 Fifth Third Bancorp 316773100 1636.00000000 NS USD 52286.56000000 1.666096059997 Long EC CORP US N 1 N N N KeyCorp RKPI3RZGV1V1FJTH5T61 KeyCorp 493267108 2638.00000000 NS USD 42260.76000000 1.346626852646 Long EC CORP US N 1 N N N Synovus Financial Corp 549300EIUS8UN5JTLE54 Synovus Financial Corp. 87161C501 699.00000000 NS USD 26219.49000000 0.835476439531 Long EC CORP US N 1 N N N Hancock Whitney Corp 549300GRNBWY8HIICT41 Hancock Whitney Corp. 410120109 489.00000000 NS USD 22401.09000000 0.713804231692 Long EC CORP US N 1 N N N FNB Corp/PA PCYSKIGYNYFDTBLVZU83 FNB Corp. 302520101 2008.00000000 NS USD 23292.80000000 0.742218312054 Long EC CORP US N 1 N N N BARCLAYS CAPITAL INC. AC28XWWI3WIBK2824319 Barclays Capital, Inc. N/A 9236.95000000 PA USD 9236.95000000 0.294332731038 Long RA CORP US N 2 Repurchase Y 2.92000000 2022-10-03 7850.47000000 USD 9421.72000000 USD UST N N N PNC Financial Services Group I CFGNEKW0P8842LEUIA51 PNC Financial Services Group, Inc. 693475105 589.00000000 NS USD 88008.38000000 2.804361487250 Long EC CORP US N 1 N N N Hilltop Holdings Inc 54930010TA543US0PM65 Hilltop Holdings, Inc. 432748101 577.00000000 NS USD 14338.45000000 0.456890548000 Long EC CORP US N 1 N N N Western Alliance Bancorp 5493003VJXZ5JXT9S762 Western Alliance Bancorporation 957638109 439.00000000 NS USD 28859.86000000 0.919611063303 Long EC CORP US N 1 N N N Cullen/Frost Bankers Inc 529900V2E9G9AY665O34 Cullen/Frost Bankers, Inc. 229899109 251.00000000 NS USD 33187.22000000 1.057501133834 Long EC CORP US N 1 N N N Capital One Financial Corp ZUE8T73ROZOF6FLBAR73 Capital One Financial Corp. 14040H105 702.00000000 NS USD 64703.34000000 2.061753151148 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co. 949746101 3056.00000000 NS USD 122912.32000000 3.916565405664 Long EC CORP US N 1 N N N Simmons First National Corp 549300IVR5AJKUVOGN05 Simmons First National Corp. 828730200 864.00000000 NS USD 18826.56000000 0.599902870628 Long EC CORP US N 1 N N N PacWest Bancorp 549300YI8VMFO7G36V04 PacWest Bancorp 695263103 779.00000000 NS USD 17605.40000000 0.560990961629 Long EC CORP US N 1 N N N Bank of Hawaii Corp 5493006Q8BQ8AD8M2U33 Bank of Hawaii Corp. 062540109 266.00000000 NS USD 20247.92000000 0.645194094527 Long EC CORP US N 1 N N N Pinnacle Financial Partners In 54930098EZ8JMSAZGS24 Pinnacle Financial Partners, Inc. 72346Q104 357.00000000 NS USD 28952.70000000 0.922569382959 Long EC CORP US N 1 N N N Regions Financial Corp CW05CS5KW59QTC0DG824 Regions Financial Corp. 7591EP100 2418.00000000 NS USD 48529.26000000 1.546370785926 Long EC CORP US N 1 N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 Bank of Montreal 063671101 376.00000000 NS USD 32952.64000000 1.050026310212 Long EC CORP US N 1 N N N Zions Bancorp NA 8WH0EE09O9V05QJZ3V89 Zions Bancorp North America 989701107 597.00000000 NS USD 30363.42000000 0.967521566346 Long EC CORP US N 1 N N N State Street Corp 549300ZFEEJ2IP5VME73 State Street Corp. 857477103 836.00000000 NS USD 50837.16000000 1.619911349637 Long EC CORP US N 1 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc. 172967424 2309.00000000 NS USD 96216.03000000 3.065895872507 Long EC CORP US N 1 N N N First Horizon Corp TF3RXI1ZB1TQ30H9JV10 First Horizon Corp. 320517105 1791.00000000 NS USD 41013.90000000 1.306896020605 Long EC CORP US N 1 N N N Bank of Nova Scotia/The L3I9ZG2KFGXZ61BMYR72 Bank of Nova Scotia 064149107 679.00000000 NS USD 32300.03000000 1.029231081960 Long EC CORP US N 1 N N N Triumph Bancorp Inc 5493003RNRMEVYDZ1Q52 Triumph Bancorp, Inc. 89679E300 234.00000000 NS USD 12717.90000000 0.405252192560 Long EC CORP US N 1 N N N Northern Trust Corp 549300GLF98S992BC502 Northern Trust Corp. 665859104 541.00000000 NS USD 46287.96000000 1.474952411888 Long EC CORP US N 1 N N N Ameris Bancorp PBJHNT51T5V6G5UQFV42 Ameris Bancorp 03076K108 451.00000000 NS USD 20164.21000000 0.642526699671 Long EC CORP US N 1 N N N First Republic Bank/CA YWC0TIKBQM2JV8L4IV08 First Republic Bank 33616C100 403.00000000 NS USD 52611.65000000 1.676454958501 Long EC CORP US N 1 N N N Webster Financial Corp KMRURHT0VWKYS6Z5KU67 Webster Financial Corp. 947890109 709.00000000 NS USD 32046.80000000 1.021161981502 Long EC CORP US N 1 N N N Independent Bank Corp 549300C5K3W8THR3GE10 Independent Bank Corp. 453836108 285.00000000 NS USD 21241.05000000 0.676839893755 Long EC CORP US N 1 N N N ServisFirst Bancshares Inc N/A ServisFirst Bancshares, Inc. 81768T108 298.00000000 NS USD 23840.00000000 0.759654681247 Long EC CORP US N 1 N N N Bank of New York Mellon Corp/T WFLLPEPC7FZXENRZV188 Bank of New York Mellon Corp. 064058100 1593.00000000 NS USD 61362.36000000 1.955293793054 Long EC CORP US N 1 N N N Umpqua Holdings Corp 5299002ENJ7CY215BW86 Umpqua Holdings Corp. 904214103 1286.00000000 NS USD 21977.74000000 0.700314306805 Long EC CORP US N 1 N N N Associated Banc-Corp 549300N3CIN473IW5094 Associated Banc-Corp. 045487105 1006.00000000 NS USD 20200.48000000 0.643682432695 Long EC CORP US N 1 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 Royal Bank of Canada 780087102 396.00000000 NS USD 35655.84000000 1.136162993700 Long EC CORP US N 1 N N N New York Community Bancorp Inc 529900HVXOTLY61GL030 New York Community Bancorp, Inc. 649445103 2552.00000000 NS USD 21768.56000000 0.693648846813 Long EC CORP US N 1 N N N CIBC 2IGI19DL77OX0HC3ZE78 Canadian Imperial Bank of Commerce 136069101 720.00000000 NS USD 31507.20000000 1.003967784102 Long EC CORP US N 1 N N N Citizens Financial Group Inc 2138004JDDA4ZQUPFW65 Citizens Financial Group, Inc. 174610105 1342.00000000 NS USD 46111.12000000 1.469317456609 Long EC CORP US N 1 N N N Pacific Premier Bancorp Inc 549300Q1KIC3KLI0XG98 Pacific Premier Bancorp, Inc. 69478X105 634.00000000 NS USD 19628.64000000 0.625460917052 Long EC CORP US N 1 N N N Comerica Inc I9Q57JVPWHHZ3ZGBW498 Comerica, Inc. 200340107 464.00000000 NS USD 32990.40000000 1.051229521654 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp. 060505104 3965.00000000 NS USD 119743.00000000 3.815575943651 Long EC CORP US N 1 N N N Texas Capital Bancshares Inc 549300466Q2SXRX0YM48 Texas Capital Bancshares, Inc. 88224Q107 337.00000000 NS USD 19893.11000000 0.633888176848 Long EC CORP US N 1 N N N 2022-10-31 Rydex Variable Trust Jim Howley Jim Howley CFO XXXX