NPORT-P
false
0001064046
XXXXXXXX
S000003715
C000010384
Rydex Variable Trust
811-08821
0001064046
549300LJH0YR8RY3N305
702 King Farm Blvd., Suite 200
Rockville
20850
301-296-5100
Energy Services Fund
S000003715
5493008C68OBZH304M86
2025-12-31
2025-06-30
N
3005150.71
11544.88
2993605.83
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
Archrock Inc
549300K3RIHMHDVFTL28
Archrock, Inc.
03957W106
4747.00000000
NS
USD
117868.01000000
3.937325643169
Long
EC
CORP
US
N
1
N
N
N
Aris Water Solutions Inc
N/A
Aris Water Solutions, Inc.
04041L106
2640.00000000
NS
USD
62436.00000000
2.085645323586
Long
EC
CORP
US
N
1
N
N
N
Baker Hughes Co
N/A
Baker Hughes Co.
05722G100
9121.00000000
NS
USD
349699.14000000
11.68153590882
Long
EC
CORP
US
N
1
N
N
N
Cactus Inc
549300J3T8C9F8QFKV08
Cactus, Inc.
127203107
2349.00000000
NS
USD
102698.28000000
3.430587920788
Long
EC
CORP
US
N
1
N
N
N
ChampionX Corp
549300EP2909K6DYYP38
ChampionX Corp.
15872M104
4807.00000000
NS
USD
119405.88000000
3.988697469900
Long
EC
CORP
US
N
1
N
N
N
First American Funds
N/A
First American Government Obligations Fund - Class X
N/A
49980.00000000
NS
USD
49980.00000000
1.669558480249
Long
STIV
RF
US
N
1
N
N
Halliburton Co
ENYF8GB5SMQZ25S06U51
Halliburton Co.
406216101
10702.00000000
NS
USD
218106.76000000
7.285754116800
Long
EC
CORP
US
N
1
N
N
N
Helix Energy Solutions Group I
416AP2JOUTCWEGSOZW41
Helix Energy Solutions Group, Inc.
42330P107
8039.00000000
NS
USD
50163.36000000
1.675683535129
Long
EC
CORP
US
N
1
N
N
N
Helmerich & Payne Inc
254900NAOGHJ88RZ4C73
Helmerich & Payne, Inc.
423452101
3925.00000000
NS
USD
59503.00000000
1.987669832938
Long
EC
CORP
US
N
1
N
N
N
Kodiak Gas Services Inc
N/A
Kodiak Gas Services, Inc.
50012A108
2307.00000000
NS
USD
79060.89000000
2.640991983904
Long
EC
CORP
US
N
1
N
N
N
Liberty Energy Inc
N/A
Liberty Energy, Inc.
53115L104
6240.00000000
NS
USD
71635.20000000
2.392940289002
Long
EC
CORP
US
N
1
N
N
N
NOV Inc
549300EHF3IW1AR6U008
NOV, Inc.
62955J103
9400.00000000
NS
USD
116842.00000000
3.903052259889
Long
EC
CORP
US
N
1
N
N
N
Atlas Energy Solutions Inc
N/A
Atlas Energy Solutions, Inc.
642045108
3977.00000000
NS
USD
53172.49000000
1.776202112754
Long
EC
CORP
US
N
1
N
N
Oceaneering International Inc
549300L6PH74701W0R30
Oceaneering International, Inc.
675232102
3828.00000000
NS
USD
79316.16000000
2.649519158639
Long
EC
CORP
US
N
1
N
N
N
Patterson-UTI Energy Inc
254900XGFBKIXD6G0697
Patterson-UTI Energy, Inc.
703481101
13834.00000000
NS
USD
82035.62000000
2.740361445648
Long
EC
CORP
US
N
1
N
N
N
ProFrac Holding Corp
N/A
ProFrac Holding Corp.
74319N100
2176.00000000
NS
USD
16885.76000000
0.564060900429
Long
EC
CORP
US
N
1
N
N
ProPetro Holding Corp
N/A
ProPetro Holding Corp.
74347M108
6689.00000000
NS
USD
39933.33000000
1.333954176592
Long
EC
CORP
US
N
1
N
N
N
RPC Inc
N/A
RPC, Inc.
749660106
8157.00000000
NS
USD
38582.61000000
1.288834007916
Long
EC
CORP
US
N
1
N
N
N
Schlumberger NV
213800ZUA17OK3QLGM62
Schlumberger N.V.
806857108
11122.00000000
NS
USD
375923.60000000
12.55755170679
Long
EC
CORP
US
N
1
N
N
N
Select Water Solutions Inc
54930094OK8LA3QDW486
Select Water Solutions, Inc.
81617J301
5849.00000000
NS
USD
50535.36000000
1.688110020817
Long
EC
CORP
US
N
1
N
N
N
Solaris Energy Infrastructure
529900MTK3C8Y8TIIC10
Solaris Energy Infrastructure, Inc.
83418M103
2731.00000000
NS
USD
77259.99000000
2.580833763274
Long
EC
CORP
US
N
1
N
N
N
Tenaris SA
549300Y7C05BKC4HZB40
Tenaris S.A.
88031M109
2591.00000000
NS
USD
96903.40000000
3.237012669767
Long
EC
CORP
LU
N
1
N
N
N
Tidewater Inc
2549000JA5GRUPLMUH98
Tidewater, Inc.
88642R109
1683.00000000
NS
USD
77636.79000000
2.593420590712
Long
EC
CORP
US
N
1
N
N
N
Borr Drilling Ltd
213800J2JPCTXLHQ5R78
Borr Drilling Ltd.
N/A
19009.00000000
NS
USD
34786.47000000
1.162025730020
Long
EC
CORP
US
N
1
N
N
N
Weatherford International PLC
529900LPBDSCQDJKHQ39
Weatherford International plc
N/A
2084.00000000
NS
USD
104846.04000000
3.502332837185
Long
EC
CORP
US
N
1
N
N
N
Nabors Industries Ltd
5493008TXYN3II3PU369
Nabors Industries Ltd.
N/A
656.00000000
NS
USD
18381.12000000
0.614012700529
Long
EC
CORP
US
N
1
N
N
N
Noble Corp PLC
549300I3HBUNXO0OG954
Noble Corporation plc
N/A
3721.00000000
NS
USD
98792.55000000
3.300118840295
Long
EC
CORP
US
N
1
N
N
N
Seadrill Ltd
213800EQ6L456U2JCO89
Seadrill Ltd.
N/A
2537.00000000
NS
USD
66596.25000000
2.224616525416
Long
EC
CORP
US
N
1
N
N
N
TechnipFMC PLC
549300D5I93QWCJTCK36
TechnipFMC plc
N/A
3512.00000000
NS
USD
120953.28000000
4.040387641815
Long
EC
CORP
US
N
1
N
N
N
Valaris Ltd
N/A
Valaris Ltd.
N/A
2015.00000000
NS
USD
84851.65000000
2.834429608256
Long
EC
CORP
US
N
1
N
N
N
Transocean Ltd
529900QO4W5DQGBGEF32
Transocean Ltd.
N/A
24859.00000000
NS
USD
64384.81000000
2.150744408458
Long
EC
CORP
US
N
1
N
N
N
Expro Group Holdings NV
724500LJYA8QIT73H017
Expro Group Holdings N.V.
N/A
5900.00000000
NS
USD
50681.00000000
1.692975056772
Long
EC
CORP
US
N
1
N
N
N
BOFA SECURITIES, INC.
549300HN4UKV1E2R3U73
BofA Securities, Inc.
N/A
5029.85000000
PA
USD
5029.85000000
0.168019782350
Long
RA
CORP
US
N
2
Repurchase
Y
4.37000000
2025-07-01
5303.69000000
USD
5130.47000000
USD
UST
N
N
N
BARCLAYS CAPITAL INC.
AC28XWWI3WIBK2824319
Barclays Capital, Inc.
N/A
5208.90000000
PA
USD
5208.90000000
0.174000863700
Long
RA
CORP
US
N
2
Repurchase
Y
4.39000000
2025-07-01
5846.82000000
USD
5313.10000000
USD
UST
N
N
N
J.P. MORGAN SECURITIES LLC
ZBUT11V806EZRVTWT807
J.P. Morgan Securities LLC
N/A
12071.63000000
PA
USD
12071.63000000
0.403247143596
Long
RA
CORP
US
N
2
Repurchase
Y
4.37000000
2025-07-01
13275.70000000
USD
12313.07000000
USD
UST
N
N
N
2025-07-30
Rydex Variable Trust
James Howley
James Howley
CFO